Manangment Essay Example | Topics and Well Written Essays - 500 words

Manangment - Essay Example Impact of organizational culture would show in both positive or negative response like there will be higher satisfaction among employees when there is recognition at work. There will be lesser employee turnover when retention programs are offered to employees or in reverse, loss of interest when there is no motivation at all. Overall, organizational culture motivates people to work and be aligned with the organization. 2. Can the culture of an organization be changed to increase performance? The culture of an organization can be changed to respond to internal and external pressures perceived by members of the organization like decline of sales. For example, the company has to set up a new department to cope up in new ways due to problems of consumer complaint. Thus a strategy of change is affected by the manager to respond to this problem. Change is also needed for cost cutting efficiencies, like top management may feel a department is too big to manage, and so it has to be split for efficiency purposes. External influences also encourage the organization to institute change. For instance, competition, government regulations, financial limitations, and suppliers and technological advances impact for change.

Strategic management Essay Example | Topics and Well Written Essays - 4500 words

Strategic management - Essay Example The company because of its innovative services has been able to maximize its revenue growth over the years. The company has been able to secure goo profit margins amongst tough competition but in the recent years the net profit margin has shown a decline because of its acquisitions. There exist different forms of strategies that a company undertakes when the competition is fierce in the market place or when the company finds that there is greater scope in a completely different market segment that would be helpful for the company for long run. Strategic management is an important course of action for any organization in today’s dynamic and changing market conditions. Similarly maintaining market leadership is major concern area for Vodafone in the markets of UK. This has also resulted in provided digital convergence by delivering digital services and content through converged networks such as IP networks to devices such as laptops, PCs, smartphones, etc., with the help of vari ous converged applications. These applications are mainly in the form of music streaming on a handheld device or on PC. Bundling services are the major demand in the market place as the number of players in the telecommunication sector is increasing it is giving more chance to the customers to switch over to any other telecom service provider. The strategic development towards change is majorly because of many new forms of technologies in the market. The communication market segment is very dynamic in nature and there is a constant invention of brand new forms of technologies and applications. There has also been a growth in consumer mobility which has given rise to many new form of application such as cloud systems. As the competition is very strong in the markets of UK it has resulted into great opportunity for those players who want to enter into the communications world. This has resulted into more

Forensic Engineering Coursework Example | Topics and Well Written Essays - 2000 words

Forensic Engineering - Coursework Example However, little information has been offered on the engineering side and it is thus imperative to go through several of the speculations regarding the collapse of the building looking at the structural side of the matter. Engineers have stated that the major cause of the collapse for the building was due to the failure of certain components critical to the structure of the building. The engineers state that after the initial attack, there was the beginning of huge fires in the inside of the building. These fires were so hot that they made the joists of the building weak and consequently they failed to support the weight of the building leading to the immediate collapse (Bjorkman, 2013). The engineers of the building had carried out an appropriate job by making sure that they backed up the joists with concrete slabs. These slabs were important in that they assisted to ensure in case of tragedy such as the one that happened, the joists would have received assistance from the concrete. However, in this particular case, there was failure of the concrete to assist because they had already been demolished by the high impact caused by the crash of the airplanes that hit the building when the attack began (Eagar, 2013). The System of building used by the engineers that constructed the World Trade Centre used a method of building commonly referred to as tubular framing. The perimeter frames that were used to consteruct the building were embedded internally so as to prevent forces that may be caused by issues or rather natural calamities such as earthquakes. Earthquakes unlike the attack that took place are rather subtle on the top part of the building as opposed to the force that hit the building directly. Every floor of the building was made of tubular pipes that were meant to support it in the case of forces. However, they did not succeed in the case of the September attack that saw the building losing foundation from every floor and falling drastically. It

How has your backgroung and experience prepare you to interact Essay

How has your backgroung and experience prepare you to interact effectively with individuals who are different from you in their social, cultural, or economic perspectives - Essay Example As an immigrant to the U.S., I have had to interact with people whose cultures are different from mine. In order to overcome the problem of communication barrier, I have had to learn English, French being my first language. In total, I can effectively communicate in three languages, thanks to my encounters with people of different cultural backgrounds. I have also had the opportunity to work with individuals who are physically and mentally challenged. This experience has made me learn and appreciate the challenges these people face and how they wish to be treated. Furthermore, I have worked in settings that encompass people who hold divergent views and who are from different backgrounds. My interactions with these people have made me learn about different cultures and their general orientations toward life. In conclusion, I have interacted with different people at different forums and settings, something that has greatly shaped my appreciation of divergent views. Today, I am a better person because I have learnt to put myself in other people’s shoes and can contribute constructively in discussions that involve people whose views are different from the ones I

Cross Cultural (Intercultural) Management Skills Essay

Cross Cultural (Intercultural) Management Skills - Essay Example Knowledge management is the systematic application of knowledge to improve companies’ performance through facilitating inter-organizational informational sharing and experience. Breiden, Mohr and Mirza (2005 p.15) say that cultural knowledge management competency can therefore help solve management problem. Some of the tasks which are included here are interactive translation, developing participative competence, cross cultural networking, creation of collaborative atmosphere and finally developing of a participative competence. For instance, when French speaking expatriate working for the United Nations is send to South America there he/she will find totally different cultures in terms of language and the kind of food people eat. It calls for ability and readiness to learn and appreciate that other cultures are also important.Building positive relationships with others is a very important skill. It is advisable to develop relationships with locals and colleagues through relat ional skills development as opposed to being solely task oriented. One should be an all rounded person who is not self centered with possession of social orientation and social adroitness with superb skills in solving disputes, cooperating with friends and affiliates, unlike majoring in work competition and performance excluding the social life. For example, when one is from a Western nation and goes to work in India, it is advisable to participate in some of their services so that they can feel that you are part of them.

Aid in dying or physician assisted suicide Research Paper

Aid in dying or physician assisted suicide - Research Paper Example Those who have opted to take a neutral stand believe that while physician assisted suicide may be unethical in some cases; there are certain cases that may warrant the doctor to take the necessary action to end the life of his or her patient. This is especially in cases where the patient himself demands that a doctor ends his life because it has become unbearable because of the pain they are enduring in their terminal illness. The legal and moral debate is currently going on and it seems that the stands that have been taken on the opposite sides of the debate are going to be reconciled any time soon. A brief discussion of the issues involved in physician assisted suicide needs to be discussed in order to come up with a suitable stand concerning the matter. Background There have developed strong arguments concerning the loosening of the legal constraints that prevent doctors from administering physician-assisted suicide to their patients. Surveys that have been conducted recently have shown that many people of the United States are in favor of the legalization of this practice.1 Those opposed to it are the conservative elements of the society such as religious people as well as moral conservatives who tend to equate the practice to murder. It should however be realized that some form of legalization of the practice is eventually going to be made because many people will most likely leave behind instructions concerning their being assisted to die in case something serious happens to them. It will no longer matter what the government and conservatives elements in society will have to say because the wishes of individuals will most likely be put first. There has, recently been a high prevalence in the number of people who have made requests to their doctors to have assistance with suicide. The doctors have to consider this difficult request because of the legal and ethical repercussions of the practice.2 It can safely be said that there is a high likelihood that ma ny doctors accede to the demand of their patients, although secretly, and assist them in ending their lives. Despite it being illegal, especially in the United States, the possibilities of physician-assisted suicides taking place in the country are quite high. Such acts are most likely going to force the legalization of assisted suicides so that the government can have some measure of control over it. Analysis Among the arguments that have been made concerning the banning of physician, assisted suicide is that it is wrong in the eyes of God. The greatest opposition to the legalization of this practice has come from the religious establishment and religious texts and opinions have been used to justify its stand. It has been stated that only God has the ultimate power to take away life, and that doctors who assist their patients in dying are committing a sin.3 This argument has been strongly countered by advocates of physician-assisted suicide, who have stated that God is not so aloof that he allows people to suffer immense pain. Instead, they have argued that God has given human beings the knowledge and the ability to get rid of pain, and that among the means that God has provided is that of physicians assisting their patients to receive a

Using a Large Number of Ratios to Perform a Complete Ratio Analysis of Essay

Using a Large Number of Ratios to Perform a Complete Ratio Analysis of a Firm - Essay Example It is of great significance that the ratios must be benchmarked against a standard in order for them to possess a meaning. Keeping that into account, the comparison is usually conducted between companies portraying same business and financial risks, between industries and between different time periods of the same company. Profitability Ratios Gross profit margin is an analyzing tool which assists in identifying how effectively and efficiently the company is utilizing its raw materials [1], variable cost related to labor and fixed costs such as rent and depreciation of property plant and equipment. The ratio is calculated by dividing the sales revenue by the gross profit. Net profit margin, on the other hand analyzes the profitability of the company before deducting the taxation and finance charges from the earnings. The ratio is calculated by dividing the profit before interest and tax with the sales revenue of the current financial period. The ratio highlights how well the company is managing its selling and administrative expenses it also highlights the other income generated by the company during the course of its operations. Return on capital employed (ROCE) is, according to the analyst, is considered to be the most significant ratio. in order to evaluate a company’s performance from an investor’s point of view. ROCE measures a company’s ability to earn a return on all of the capital that is being employed by the company [3]. The ratio is calculated as net income upon total capital employed, which is the sum of debt and equity financings. Earnings per share (EPS) are considered one of the most important financial ratios from the investor’s point of view. The ratio highlights the average earnings from the shares transacted and is calculated by dividing the profit attributable to the common share holders and multiplying them with the weighted average number of shares outstanding during the period. The liquidity ratio measures the company’s ability to pay its short term liabilities. The ratio illustrates that how quickly a company can convert its assets into cash and cash equivalent in order to pay off its short term liabilities [3]. The most commonly used liquidity ratio, the current ratio, which is calculated by comparing the current assets and current liabilities. The strengthened the current ratio the more ability the company has to pay its debts and short term obligations over the next 12 months. An overall analysis of the ratio would portray that in all the years the company had enough assets to pay off its obligations and debts. The acid test, which is also regarded as the quick ratio, is calculated by subtracting the inventory balance from the total current assert balance. . Out of the current assets mentioned, inventories are regarded as the one which takes comparatively more time to be converted into cash or cash equivalent. Receivable turnover represents how quickly the cash is received from the debtors. The ratio is calculated by dividing the revenue generated from the sales by the receivable balance as mentioned in the balance sheet of t he company. The formula calculates the number of times the debtors are turned over during a year. The higher the value the more efficient the management is or it could also mean that the debts are more liquid. Inventory turnover represents how quickly a company’s inventory is sold, which can be calculated by div