Leadership Style And Case Study Of Hr Shop - 1626 Words

Introduction This assignment based on Leadership style and case study of HR shop as well as in this case study they use the different leadership as well as leadership is a quality in a person that can change the course of organizations towards the progress or destroy. A leader being the key person in an organization has number of responsibilities and motivations to keep the organization on the progressive path. Through the innovative ideas, strategies and cooperation from the team members a leader can make progress through leaps and bounds. The style of leadership has changed from the traditional approach and the leaders prefer to work in teams for the benefit of all the members and organization and not for leaders alone. The attitude of†¦show more content†¦As the time passes, the technology is adopted. Since the change is always on the basis of trials, hence the future state remains unpredictable till the goal is reached. There are many situations when the goals are achieved, underachieved or not achieved at all. Every action contains a well-planned trial of tasks and if the expected output is reached, the goal is achieved and placed for adoption that will improve the conditions. Action Oriented Leader This style of leadership requires immediate attention of the whole team in achieving a goal. The targets are fixed at a very short period of time. The leader’s experience and learning as well as decision making abilities helps to lead the team and in most of the cases, the goals are achieved. The leadership style is useful for small to medium sized organizations or where the nature of the task is very simple to understand. The tasks are easily broken into well-defined subtasks and the same can be executed by the team members. (Metarasa, 2017) Participative Leader This style of leadership is concerned with the equivalency in the whole team. A participatory leader treats all the team members as equally responsible for successful execution of a task. The leader divides the tasks among the team members and take the lead role having more responsibility, management, execution, and monitoring and performance evaluation (Braun,Show MoreRelatedHr Practices in Google1146 Words   |  5 PagesHR PRACTICES IN GOOGLE 1. Building innovation into job descriptions: 20 percent time Technical employees are required to spend 80% of their time on the core search and advertising businesses, and 20% on technical projects of their own choosing. Employees work structure follows a 70/20/10 model, 2. Eliminating friction at every turn: ensuring change can happen quickly and efficiently Google’s approach to innovation is highly improvisational. Any engineer in the company has aRead MoreStarbucks, An American Coffee Company1439 Words   |  6 Pagesmanagement strategies used in the case of Starbucks and apply our theory of knowledge. This will help us to generate the ability of applying theoretical knowledge in practical situations. This will improve our critical thinking and analytical skills and helps to generate the ability of thinking strategically. COMPANY’S HIERARCHICAL CHART  ¬- CASE STUDY The given case describes the strategies used by Starbucks to expand its business globally. Starbucks , a coffee shop started its business with 9 storesRead Moremba hr assignments Essay1189 Words   |  5 PagesRESOURCE MANAGEMENT 1. Prepare a report on the cultural diversity of an HR department in a multi location IT company. Examine the challenges it faces in the changed business scenario. 2. Study and compare the performance appraisal system in a manufacturing sector and service sector and evaluate the reasons for their success/ failures in the respective sectors. 3. Critically analyse the selection process vis-à  -vis the HR Strategy of an organization, examine whether the selection process is facilitatingRead MoreTanglewood Case Study1431 Words   |  6 Pagesï » ¿ Tanglewood Case Study #1 Nellie J. Harris HRM594-Strategic Staffing Mr. Perrone, I am responding to your request to review Tanglewood’s staffing decisions currently in place. After reviewing Tanglewood’s 39 year history as well as current and potential competitors, I have reviewed the 13 sections per your request. Each recommendation is based on Tanglewood’s mission and values. Tanglewood is a 39 year old company looking to expand its’ organization while still maintaining its’Read MoreCultural Influence on Organizational Practice5439 Words   |  22 Pagesa widely recognized and studied topic. However, empirical studies about cultural influences on organizational subcultures and leadership styles in Ethiopian organizations are not very frequent in contemporary literature. In fact, there are almost no relevant attempts to examine these phenomena. Nevertheless, after democratic political changes in May 1991, we can observe a growing interest in understanding national culture and leadership practices in Ethiopian organizations, as well as in the wholeRead MoreManaging Manager Management And Organisation1622 Words   |  7 PagesThe company of my choice is royal mail, leadership style is one of the way the manager of this organisation uses in achieving organisation success. The democratic leadership assumes that individual is motivated by internal forces and should be involved in decision making in getting things done. This leadership fosters open communication and spirit of collaboration (Sullivan and Decker, 2001). The manager was also effective with the staff, effective leadership involves creating a positive work environmentRead MoreLg Compa ny Analysis Report1714 Words   |  7 PagesPune, Maharashtra LG plans to set up Rs 500-cr unit in South Buisiness divisions :  Buisiness divisions Market segmentation :  Market segmentation Demographic - Income -Occupation Geographic -Tier 1 cities - Tier 2 cities Psychographic -Life style -Personality Behavioural -Value -Benifit S.w.o.t. analysis :  S.w.o.t. analysis Strengths:- Market leader in home appliances. Has got manufacturing unit in tax incentive . Wide range of products to serve all categories. Widest distribution networkRead MoreThe And Talent Retention Is Happiness And Workplace Satisfaction Essay2401 Words   |  10 PagesCorporation is comprised of several plants specializing in different things. There is the B.R. Richardson Lumber Company that specializes in the lumber and logging, Papoose Laminators Company, Prairie Wood Products Company, a construction and truck shop, and industrial relations. Each of these sectors play a pivotal role in the success of B.R. Richardson Timber Products Corporation and requires careful management. The product that B.R produces at the end are â€Å"long, laminated wood roof trusses orRead MoreHistory, Products And Profitability Indicators3072 Words   |  13 Pagescollectables, combining for nearly 1,000 items. The next largest category at Hasbro classifie d as creative/pretend play with only 63 items and sports and outdoors play with 53 items. Brands included in dolls/plush toys at Hasbro include: Littlest Pet Shop, Furreal Friends, Equestria Girls, Furby, My Little Pony, Care Bears, Elmo and Sesame Street. Brands included in action figure and collectables at Hasbro include: Star Wars, Transformers, G.I. Joe, Marvel Super Hero Mashers, Beyblade, Tonka and PlayskoolRead MoreCh01 Organizations and Organization Theory1457 Words   |  6 PagesOrganizations: social entities that are goal-directed, are designed as deliberately structured and coordinated activity system, and are linked to the external environment Types of Organizations †¢ Multinational corporations †¢ Small, family-owned shops †¢ For-profit versus non-profit organizations Organizations exist to do the following: 1. Bring together resources to achieve desired goals and outcomes 2. Produce goods and services efficiently 3. Facilitate innovation 4. Use modern manufacturing

World War 1-Who Was to Blame - 1174 Words

World War 1-who was to blame? World War 1 broke out when the Archduke Franz Ferdinand of Austria was assassinated by Gavrilo Princip in 1914, whose organization implicated members of Serbian military. For this reason, the Austro-Hungarian Empire declared war on Serbia, supported by Germany. This triggered chain reaction, nations in Europe declaring war on the other nations, which, with in a month, caused Europe to turn into a battlefield. The Great War was ended, when the Treaty of Versailles and several other treaties were signed in 1919 and Germany was fully held responsible for causing the war. But it is not justified, that Germany, and Germany alone, should be held responsible for the outbreak of the war, even though her†¦show more content†¦It ended up with a conference, in which the German Kaiser humiliated and tensions were built. In 1911, France tries to take over Morocco again, so Morocco requests support. What happens is because the British did not want German ships in the Mediterranean, and was afraid that Germany would going to build a fort on the coast, another conference was called, and France takes over Morocco, but as compensation, Germany was given land in central Africa. This creates animosity in Germany towards the French and the British, because Germany lost against the French, failing to protect Morocco. German imperialism, the Kaiser’s ambition of over sea empire, and nationalism, the thought of Germany being the world power, has caused militarism, expansion of her army and navy. The three elements were the causes of World War 1 but what has made the war inevitable was the alliance system that existed at that time. The alliance system, which at that time was used to prevent any war, has caused this huge war when Austro-Hungarian Empire declared war on Serbia, and making it ineluctable. This proves that the blank cheque that was given to Austria was reasonable, for Austria was Germany’s ally, and as allies, they should support each other. The same was done with Russia with countries in the Balkans. As Austro-Hungarian Empire declares war on Serbia, Russia mobilizes her army and prepares her troops to help the Serbs to protect themselves from the Austro-Hungarian Empire. Germany,Show MoreRelatedWhere does AJP Taylor locate the blame for the outbreak of the First World War? Is his argument convincing?1153 Words   |  5 PagesQuestion 1: Where does AJP Taylor locate the blame for the outbreak of the First World War? Is his argument convincing? The 28th of July 1914 marks the date when Austria Hungary declared war on Serbia, the months that ensued saw the chain reaction like declarations of war by many countries ultimately leading to the outbreak of the First World War. Many historians over the years have tried to determine the causes and reasons as to why the First World War broke out, one such historian was AJP TaylorRead MoreThe World War Of 1914-19181641 Words   |  7 PagesSince the First World War of 1914-1918, historians have argued which events leading up to the war; some as far back to the end of the Napoleonic period in 1815, or which of the Great Powers were to blame. After the war, Germany were made to sign Article 231; or the War Guilt Clause, thus accepting all blame for the war, this presented an easy target to blame, which some historians accepted and believed. However other historians argue that various other nations or events were actually at the rootRead MoreEssay about What Caused World War II?699 Word s   |  3 Pages WWII DBQ World War II was caused by the Treaty of Versailles because Germany had taken the blame for all of the damage after WW1. The name for Germany taking all the blame is War guilt clause. As shown in the maps of Europe in 1914 and 1928 from (doc 1) after World War 1, they (Germany) lost land. Then in 1924 Poland, Lithuania, Latvia, Estonia, Finland, and Romania became part of Russia. Since Germany had lost lad after WW1 and had taken up the blame, they did become bitter with the French.Read MoreTo what extent were the decisions made by Germanys leaders responsible for the outbreak of the First World War?895 Words   |  4 Pagesoutbreak of the First World War. Source 1 seems to strongly suggest that German leaders and the German Government did in fact push for the war with Hewitson blaming the Army and suggesting that Germany was looking for an opportunity to start war however he does not fully support the view that German leaders were responsible.Porter and Armour (Source 2) strongly supports this view by again pointing to the millitary and prime minister Bethmann Hollweg looking for an opportunity to wage war but again not fullyRead Moreâ€Å"the First World War D id Not Arise Primarily as a Result of Planned German Aggression† How Far Do You Agree with This Opinion?1290 Words   |  6 Pagesâ€Å"The First World War did not arise primarily as a result of planned German aggression† How far do you agree with this opinion? Explain your answer, using sources 1, 2 and 3 and your own knowledge of the issues related to this controversy. There has been some controversy as to what or who was to blame for the outbreak of the First World War. Some people have taken the opinion that the war arose as a result of â€Å"planned German aggression† such as sources two and three, whereas source one is of theRead MoreWhy The Winter Of 1916-17 Was The Final Straw For The People Of Russia999 Words   |  4 PagesRussia came to an end. The Romanov family, who had ruled Russia since the 17th century, were overthrown and the monarchy crumbled. Traditional historian Bernard Pares argues that incompetent ministers and weaknesses of Nicholas II is to blame. While traditionalist historian Edmund Walsh blames the incompetence of the Tsarina and her mysticism beliefs. There are however many factors contributing to the Russian revolution of February 1917, such as: World War 1, political and economic failures. ThereforeRead MoreThe Era Of Optimism Based On The United States Essay1644 Words   |  7 Pageswidely believed today. T hough World War 1 was impactful it didn’t alter people’s perception on the importance of science and technology in our society. This is shown in the technological outcomes that the war essentially produced. Like the use of machine guns, airplanes and other artillery’s. Also World War 1 greatly affected the political, spiritual and cultural development of the United States, India and Germany. The United States was impacted greatly because of the war. The United States at the timeRead MoreWar Poems954 Words   |  4 PagesWar is a time of violence, protest, death and pain for many people around the world. With this conflict, a lot of poetry is written because poetry is one of the most common ways for people to put across their feelings about situations. War is one of these situations for which many people have very strong feelings. A common theme in war poetry is the transformation that war brings about in a person. Many poems reveal boys going into war and becoming young men after the experience. Another dominantRead MoreGermany Responsible for World War I? Essay examples819 Words   |  4 Pages‘Germany was responsible for the outbreak of World War One. How far do you agree? World War one has become to be known as The Great War. It was known as The War to end all Wars. Many people believe Germany was responsible for the outbreak of war in 1914. To solely blame one country or one single act for the cause of World War One is wrong as there are more than one country involved and more than one event that caused World War One. Even if Germany was responsible for the war the other majorRead MoreRwanda Genocide: Who Is to Blame?1488 Words   |  6 PagesThe Genocide in Rwanda: Who is to Blame? By Maria Chiara Billones Lucatello February 3, 2010 International Relations Mr. Conzemius â€Å"A small boy of 11 years, was curled up in a ball of fresh flesh and blood, in his eyes was a glance of lost hope, abandonment, and defeat. He was without vision; A little girl at nine years of age, was pinned up against a tree†¦her legs apart, and she was covered in things even hell can’t imagine; excrement, urine and blood . . . in her mouth was cold fresh meat, cut

Managerial Skills

Question: Discuss about theManagerial Skills. Answer: Introduction: The Learning Contract Aim For the purpose of developing and delivering effective feedbacks to the members of my tutorial group, I have selected the subject of leadership. I believe that leadership is a vast area, which requires an increasing attention by the leaders to develop the ability to understand its numerous key concepts. It is a formidable fact that the recent day business environment is experiencing the dynamic change regarding both technologic advancement and complex scenario competition (Panagopoulos Ogilvie, 2015). Therefore, the businesses of the modern day are required to identify the external as well as internal opportunities rapidly for developing a way to capture them accordingly. The overall scenario drives these businesses to exist no longer in the private domain of the industrial leaders, as the overall situation is a process of survival for both the business and its employees (Cameron, 2012). Due to the increasing involvement of competition and other important factors associated with the global business environment, the contemporary leaders should need to possess certain characteristics to capture the market opportunities while gaining the ability to survive in the identified market. Hence, the success of the business relies heavily on the ability and skills of the leaders, as the companies must learn to thrive for gaining the top market position (Goetsch Davis, 2014). Apart from that, the leaders must need to learn how to adapt to the changing situations of the business world. The below timetable will explore the critical leadership skills with the estimated time required for their acquisition. Key Leadership Skill Timeframe for Achievement Ability to inspire and motivate others 4 6 weeks Display of high integrity and honesty in the commitment 4 weeks Availability of skills regarding problem solving and effective analysis 8 weeks Powerful communication and ability to develop innovative thinking 8 10 weeks The Rationale The rationale behind selecting the topic is based on its useful contribution in the sphere of management. With the basic application of leadership, the overall functional efficiency of the organization meets the possible enhancement. The performance of the group improves to the certain extent supporting it to achieve the key goals and objectives (Huber, 2013). The selection of leadership is based on justifying the fundamental concepts associated with factors mentioned below. Motivating the action I have acknowledged that a leader plays the incentive roles in the working flow of the organization. Leaders are responsible for providing economic and non-economic rewards and benefits to the employees and thereby motivating the workforce to increase their commitments with the organization. Offering guidance A leader not only administers or instructs their subordinates, but also they provide useful guidance to them for improving the individual performance (Grant, 2016). Here guidance refers providing proper instructions to the workforce for undertaking the right measures to ensure the smooth and efficient accomplishment of their duties. Building Morale Morale denotes the willingness of the employee to cooperate other for the accomplishment of various organizational tasks while promoting an environment with the involvement of increasing level of trust and confidence. Leadership is the factor that is responsible for boosting the morale and creating the full cooperative environment for supporting the enterprises to achieve their goals. Developing work environment Developing an efficient work environment is always a vital requirement for the business to support the soundness in the operations and stability regarding the growth. The need of responsible management is there to ensure the achievement of the identified factor (Swayne, L. E., Duncan, W. J., Ginter, 2012). Effective leadership is the way to shape up the mindset of the leaders for helping them developing the suitable work environment for the other employees and subordinates. Consideration From the context of the modern day challenging business environment, three primary strategies are identified for ensuring the sustainability to the firm. These strategies are highlighted in the below table with their application in the pre and post-test basis. Leadership Strategy Pre-test Measures Challenging Areas Post-test Measures Determining strategic direction Developing suitable vision, mission, and value chain of the business Challenges in maintaining quality and budget Technologic adaptation and engagement of highly skilled human resources in the production process Exploring core competence Ensuring the availability of resources and developing capabilities to create competitive edge over the other market competitors Lack of efforts from the senior management responsible for maintaining core competence of the firm The senior management requires investing more time to investigate the core business functions in the time to time basis Sustaining an effective organizational culture Encouraging the entrepreneurial activities while continuously aiming to build robust and healthy culture supporting the needs of the employees It is not possible to manage culture in the same way, for an example, building cultural values in the production process The senior management perhaps needs to play most important roles in influencing the nature of organizations culture The Action Plan Step Week Key Concept Associated Action Step Expected Outcome Actual Outcome 1 1 Join Toastmasters Working on verbal communication Learning to express me better through the group discussion in front of large audience Development of communicative working environment and improvement of process chain 2 1 Fostering the participation of each employee Initiating the delegation of responsibilities more effectively Learning to include others while completing a project other than accomplishing all by myself The employee relationship improved to finish the projects within the proposed deadlines. However, the possible conflicts are observed among the employees over a certain project 3 1 Working on conflict resolution Firstly, the actions and procedures must be developed to be direct and open. Secondly, the conflict resolution course must need to be involved Learning to disagree with others for coming into the viable conclusion or taking useful decision Resisting the possibility of giving up and giving in every time to reduce time required during the process Conflicts are resolved within the organization; however, a certain level of consent is not achieved from all the level of employees. Every employee possesses different mindset often inflicting the possibility of conflicts in the internal organizational environment. References Cameron, K. (2012).Positive leadership: Strategies for extraordinary performance. Berrett-Koehler Publishers. Goetsch, D. L., Davis, S. B. (2014).Quality management for organizational excellence. pearson. Grant, R. M. (2016).Contemporary strategy analysis: Text and cases edition. John Wiley Sons. Huber, D. (2013).Leadership and nursing care management. Elsevier Health Sciences. Panagopoulos, N. G., Ogilvie, J. (2015). Can salespeople lead themselves? Thought self-leadership strategies and their influence on sales performance.Industrial Marketing Management,47, 190-203. Swayne, L. E., Duncan, W. J., Ginter, P. M. (2012).Strategic management of health care organizations. John Wiley Sons.

Maintenance Mode for WordPress - How to Enable It

Any work on a live site is best performed behind the curtain of a maintenance mode screen. Thats because a half-built live website or a site undergoing maintenance hardly screams professionalism, does it? Unfortunately, we all need to make changes to our websites from time to time. Heres how to do it.Maintenance mode is ideal for a wide range of situations, including:switching WordPress themes,testing plugins,fixing website problems,making minor cosmetic tweaks.Activating maintenance mode means that you can work on your website behind closed doors. With this in mind, maintenance mode can also double up as a Coming Soon mode, enabling you to build your new website in private.Today, Im going to show you how to work in maintenance mode in WordPress using a free plugin: Coming Soon Page Maintenance Mode by SeedProd. Coming Soon Page, Under Construction Maintenance Mode by SeedProd Author(s): SeedProdCurrent Version: 5.1.0Last Updated: October 16, 2019coming-soon.5.1.0.zip 100%Ratin gs 7,769,243Downloads 3.5.1Requires The plugins name is a bit of a mouthful, I know, but this is because it combines the functionalities of two soon-to-be-defunct plugins: Ultimate Maintenance Mode and Ultimate Coming Soon Page. These are two of the best plugins in their respective fields.How to activate maintenance mode in WordPressTo turn on maintenance mode, we must first install the plugin. Login to WordPress, then head to Plugins / Add New. Search for SeedProd, and the first plugin returned will be the Coming Soon Page Maintenance Mode plugin.Go ahead and click Install Now, then Activate Plugin.Now, we can start using the plugin. Navigate to SeedProd -> Settings. Here, youll be able to activate your maintenance screen – or coming soon screen – in just seconds.All you need to do is click the Enable Maintenance Mode option, then hit Save All Changes.Now, as you work on your website, only you will be able to view the changes you are making – visitors will simply see the maintenance screen. You can quickly confirm that youre working in maintenance mode by glancing at the top-right of the WordPress toolbar.Of course, at this point, visitors will only see a dull, ugly maintenance screen. You probably want it to look a little nicer, though, right? Fortunately, the plugin is equipped with everything you need to build a great looking maintenance screen.Start by scrolling down to the Page Settings section. Here, youll be able to upload your logo, then use the editor to write your headline and message. You can also choose to give credit to the developers by adding their logo to your maintenance screen – this isnt compulsory, though.At the bottom of the settings screen, youll see a Header section. This is where you can configure your SEO settings or paste your Google Analytics code. Dont forget to click save again before moving on to the next tab.The next step is to click on the Design tab. As the title implies, this is where you can style your maintenance screen.Options include specifying a solid background color, uploading a custom background image, and adding an overlay to your background to make the text stand out.Scrolling down the screen, youll also find sections for specifying the width of your content area, plus choosing the font face and text color for your content.You can preview your maintenance screen at any point by clicking on the Live Preview tab at the top – the live preview opens in a separate window.For more experienced users, you might also want to access the Advanced tab. This is where you can add header/footer scripts to your page, as well as custom HTML.However, most users – particularly those who are just looking for a simple maintenance screen – wont need to touch this tab.Before you finish, remember to save one last time. This will ensure all your changes are applied to the live version of your maintenance screen – the one the visitors will see.Want to see wha t mine looks like? Of course you do, and heres a screenshot:That took less than five minutes to configure and looks pretty professional, right?Now you can start working on your website. Logged in users will be able to see behind the maintenance screen, so they can preview their changes without being hampered by it.Of course, when youre finished applying your changes, dont forget to disable maintenance mode. To do this, navigate back to Settings / Coming Soon Page Maintenance Mode. Simply set the status to Disabled, then save changes.Good job! Your website is fully restored, without visitors ever seeing your website in its non-working condition.Final thoughtsThe Coming Soon Page Maintenance Mode plugin is one of my favorites. The plugin lets you design stunning maintenance screens in just a few minutes, plus you can switch maintenance mode on and off in just a few clicks whenever you need it.Are you using the Coming Soon Page Maintenance Mode plugin? Something else? Share your tho ughts in the comments below!Free guide5 Essential Tips to Speed Up Your WordPress SiteReduce your loading time by even 50-80% just by following simple tips.

Free Essays on Goodbye And Goodnight

Goodbye and Goodnight â€Å"I love you, do not ever forget. It was not your fault so please don’t blame yourself. It was my dad that caused me to do it. This is the only way for me to prove to him that he cared for me. Be brave for me, be strong for my little brother. Please don’t cry for me, I will always be with you. I love you, goodbye.† Those were Larry’s last word to me, left behind in a note. Reasons for why he felt his suicide was justified. The impact he had upon my life was like nothing I ever imagined. His death gave me a reason to live and taught me what was truly important. My best friend’s suicide caused me to find my true calling, discover what impact Christ has upon my life, and discover what is most important in life. Though still an open wound and painful to speak about, I will attempt to explain what Larry has done for me. I now understand the saying that â€Å"you do not realize how much you love someone until you lose them.† Larry taught me this, and taught me what was most important in life. I now spend more time focusing on the little things. The simple tasks are often overlooked such as playing a game with my younger sister or even spending the afternoon at a nursing home listening to the stories of the lonely residents. The little things in life that I would have previously taken for granted now have become valuable to my essence. Another thing that Larry’s death helped me to realize is what I want to do with my life. Before his suicide I had no aspirations, no dreams. Now I want to be a psychiatrist so I can help other people, in hope that they will not make the same mistake that he did. My hope is that I find the people in time and make a difference in their lives. The final and most profound impact Larry’s death has had upon my me is how through his death I have found Christ. In a time where I felt the most alone and vulnerable, the love of God got me through. ... Free Essays on Goodbye And Goodnight Free Essays on Goodbye And Goodnight Goodbye and Goodnight â€Å"I love you, do not ever forget. It was not your fault so please don’t blame yourself. It was my dad that caused me to do it. This is the only way for me to prove to him that he cared for me. Be brave for me, be strong for my little brother. Please don’t cry for me, I will always be with you. I love you, goodbye.† Those were Larry’s last word to me, left behind in a note. Reasons for why he felt his suicide was justified. The impact he had upon my life was like nothing I ever imagined. His death gave me a reason to live and taught me what was truly important. My best friend’s suicide caused me to find my true calling, discover what impact Christ has upon my life, and discover what is most important in life. Though still an open wound and painful to speak about, I will attempt to explain what Larry has done for me. I now understand the saying that â€Å"you do not realize how much you love someone until you lose them.† Larry taught me this, and taught me what was most important in life. I now spend more time focusing on the little things. The simple tasks are often overlooked such as playing a game with my younger sister or even spending the afternoon at a nursing home listening to the stories of the lonely residents. The little things in life that I would have previously taken for granted now have become valuable to my essence. Another thing that Larry’s death helped me to realize is what I want to do with my life. Before his suicide I had no aspirations, no dreams. Now I want to be a psychiatrist so I can help other people, in hope that they will not make the same mistake that he did. My hope is that I find the people in time and make a difference in their lives. The final and most profound impact Larry’s death has had upon my me is how through his death I have found Christ. In a time where I felt the most alone and vulnerable, the love of God got me through. ...

Free sample - Social Networking. translation missing

Social Networking. Social NetworkingSocial Networking and How it is Changing The Way Companies Do Business Introduction In the past few years, the term social networking has become a business phenomenon. This is a process of connecting people through their friend, relatives and acquaintances. This social networking enables people to connect with others who are in their social circle for some specific reasons. In the communities, Social networking helps individuals to promote some common interests which are greatly facilitated through knowing each other. On the other hand, the business concept to the social networking is used for reasons of high growth and profitability. Some successive business societies support advertising of their business activities. The main reason why many businesses use social networking is to enable their prospective customers and members to easy connection within an organization. Also it is used to enable the potential customers to identify their matters with their service providers. For example, if a customer is looking for a house sales agent, he or she can have a reassurance that the agent will understand the client’s point of view and provide the services that are expected by the clients. This is an essay on social networking and its impacts to business and the people who uses these networks to conduct their businesses. The essay looks closely at Facebook, Myspace, LinkedIn and Twitter which have many people involved in social networks and it also discusses the advantages and disadvantages of using these social networks. Facebook Facebook is one of the social networks that connect a large number of people in the world. It was initially started and aimed at connecting college and university students with their friends from different colleges and even high schools. It has now extended its networking by incorporating companies and businesses around the world. The inventors of Facebook tend to target more users through making the social network available to the general public. Many people can join Facebook if they have some connections to certain companies or regions. A large number of businesses conducting marketing with their fan pages through advertising to consumers to find them there. It allows businesses to have profiles through which the businesses showcase their photos making Facebook a powerful marketing tool. The businesses can be able to connect to an audience of consumers to find out what they need through Facebook. It has a Group function which allows business owners to find groups of likeminded peop le to create their group to find more consumers. This is beneficial to business people as people are allowed to participate in more than one group (Sandberg S). MySpace MySpace is one of the major social networks that are used by all ages and it acquired more than 60 million people in the first three years of existence. This site is more popular than other networks because it targets teens and it is easy to use the large number of friends to meet online. Through MySpace people can create links with others who have common interests. Many businesses rely on this network because it has large number of members and its immense popularity. They use it as a place of promoting their business on daily basis. The promotion is done in the blog posts and bulletins with links to a landing page. MySpace promotes businesses because the key success of businesses the large friend base, which has many other people who are also aiming to promote some businesses. The main benefit that can be obtained from business promotion on MySpace is the cross promotion. For example, if a businessman is on MySpace and he/she tries to promote a site, a freelance writer may come in to offer his/her services to the businessman (Anderson T Chris D). Twitter Twitter began in the year 2006 as an experiment and it has an ability to instantly communicate during any situation. The Twitter, Inc. was founded in the year 2007 and it is currently a privately owned and funded company based out of San Francisco Twitter has a code for each and every account that may be pasted into the HTML code of the website. This assists in linking two parties together as it is used to gain followers on twitter who finds the website first. It also assists in invite new members from twitter to the website (IPWatchdog). It allows businesspeople to keep in touch with their potential customers. They use it to test and see how the responsive clients are to their listed promotions and compare different businesses’ methods of advertising such as blogging. Through this, they can effectively acquire clients who are interested in their business. The businesspeople can then cater their marketing plans and promotions to their most responsive audience and increase the total sales. This reduces the business costs and saves time spent in marketing audiences that do not respond. Through twitter, one is able to connect to his/her consumer audience and announce his or her sales, special offers and even promotions. Business people using twitter are also being able to connect to others in same fields through which they expand their services base. One example is a graphic and web designer who gets a printing company and a specialist in internet marketing. These three can work together hence offering extra business to each other. Also people are able to see what other people are talking about their businesses by using twitter. One can find out about the market situation and he/she may see if his/her products or services are being discussed by others. The businesspeople can be able to get an inside glimpse into the mind of the customer and they can easily learn about their competitor in the market. Twitter allows businesspeople to educate people about some unique aspects of their business and enroll them into finding you new prospects of the businesses. LinkedIn This is one of the social network sites that are centered on business. It was essentially started as means of connecting with the customers, co-workers, business partners and friends. Recently, LinkedIn network has become the hub for online networking in business. It is more professional than the above social networking sites (MySpace and Facebook). In linkedln, one may get the photos of his/her boss, some employment histories and various areas of professional specialization in business. It enables the users to connect with their business acquaintances and allows them to join fifty groups related with their business activities. The users can then engage in conversations that have legitimate value (Schepp B Schepp D. Pg 59-61). Advantages of using social networks in business The advertising power that a business can achieve is one advantage of using the social networking. The most people who make use of the social networks are the youth hence advertising through the networks is very advantageous. These young people are easily persuaded to buy some products or use some services through this advertisement. Through the advertisement, the marketing of the products that are relevant to age group is what different businesses try to target. It is cheaper to use these social networking sites for business because most of it is absolutely free. Through this networking, the businesspeople can find the potential clients and target markets in few clicks and it enhances the promotional strategies (Social networking). Another significant advantage of using social networking by businesses is the large number of people that use these networks daily. If a business owns one of these networks, it will experience many people who would need to use the site. Since relationships are important in any society, some people may fear confronting others face to face and hence the social networks are the means through which people connects and interacts freely without being scared and they can be able to share about their common business interests. Social networking is a big market for making money which is essential in human life. Disadvantages of using social networks in business A security issue is a disadvantage of using the social networking sites. For example, there are people who put virus and malwares in the sites which affect the computers. For instance, the users of MySpace who do not install the anti-malware programs to in their machines will be vulnerable to the dangerous advert programs that are posted on the site by some ill minded people. This may make the businesses to cease from using the social networks. The second disadvantage is imposters where some people take advantage of others. The networks facilitates the meeting of people and may sometime lead to undesirable acts such as rape and murder because it is not easy to determine whether the person you are communicating with is a criminal or a good person. Also, some people have used the networks to con some businesspeople (Terri L.). Solutions to the problems and recommendation The users of the social networks should install spyware and ant-virus programs on their computers and ensure that these programs are continuously updated to deal with the security threats that are found in the sites. The businesspeople should go an extra mile in determining whether the people they communicate with are legitimate customers or those who intend to con their businesses. This can be achieved by using original identification documents. How social networks make money Some of these networks allow some companies such as Google to post their advertisements and in return the companies pay some fees to these social networks. For instance, MySpace and Facebook generate a lot of dollars in revenue through its advertisements. Others get money or revenue through the payments of membership fees (Daniel G. Pg12-3). Conclusion The social networking is a growing tool and it gives the businesses and people the means to associate with others. Facebook, MySpace, LinkedIn and Twitter are the extensive networks which contribute to main source social networking. The use of social networking is booming and it will continue to unite different business associates. References Anderson T Chris D. (2003). MySpace. Retrieved from; Daniel G. (2006). $1 billion for facebook? Retrieved from; IPWatchdog. The importance using social networking for business; Part II-Twitter. Retrieved from; Sandberg S. (2010). Role of Advertising on Facebook. Retrieved from;   Schepp B Schepp D. (2009). How to Find a Job on LinkedIn, Facebook, MySpace, Twitter,   and Other Social Networks. McGraw-Hill Professional. Social networking. (2006). Meaning. ExplanationGuide Encycloepdia. Retrieved from; Terri L. (2006). MySpace: Crime Victims. Retrieved from;

Financial Forecasting Essay Example | Topics and Well Written Essays - 750 words

Financial Forecasting - Essay Example The report also explains further information that needs to be reviewed to make the findings more meaningful. This performance analysis can be used by the management, the shareholders or the potential investors to identify with the performance of the company and in particular assess its strengths and weaknesses. Assumptions The following information is available for preparation of the marginal costing cost statement ?/Unit Direct materials 0.04 Direct labour 0.15 0.19 Selling price 0.5 The fixed production overheads include depreciation amounts to ?3,000 per month. For the first month, the sales are forecasted to be 1000 units and 1,200 units will be produced. A fixed selling cost of ?1,500 per month and a variable selling cost of ?0.02 per unit will be budgeted. There are no opening stocks. Discussion The company is projected to maintain a current ratio of 1.66 (53,800/32,433), which is a very healthy liquidity level and which will ensure that the company is able to service its short -term liabilities using short-term assets without difficulties. This also means that the company’s financial position will be strong and it will be hard for it to be declared bankrupt whatsoever. The company is expected to generate a shareholder’s equity of 42,248, a part of which will come from paid in capital and the other part will be raised from the sale of new stock. Besides this, the company is expected to retain earnings of ? 5,041, which will be expected to grow substantially considering the company will continue to generate attractive profit margins (Leonie, 2007). The forecasted balance sheet is represented in appendix 5. Appendix 4 represents the forecasted Income Statement. This statement shows that the company is going to make good money as revealed by the first year’s net income, which amounts to ? 5,041. This is a substantial amount of profits considering this will be the first year of operation, when the company will incur substantial operating c osts, especially on fixed assets. As such, it is expected that the company will generate handsome income from the second year of operation when the operating expenses will have dropped significantly. This remarkable performance will chiefly result from the huge sales (?50,000) that the company is expected to make because the soft drink products will be very popular with the customers. Huge sales are particularly where the company expects its sustainable growth to come from. Analyzing the cost statement (Appendix 1), it is apparent that the company will generate a gross profit margin of 62%, possibly indicating that the cost of sales will be relatively small, hence making the company’s business more profitable (Tamari, 1978). It is expected that this gross margin will increase substantially in the future. The profit margin of the company is 10% ([5041/50,000] *100), which is somewhat lower because it is the first year of operation and the non-operating expenses are naturally h igh. After recovering from the shocks of struggling to break even, this margin is expected to grow significantly (Pendlebury and Groves, 2010). The cash flow statement (Appendix 4) shows that the company will be expected to generate enough cash, which is required to sustain growth. The fact that there is no deficit means that the cash generation will be adequate to outpace growth and hence not much additional financing will be borrowed from outside. More so, the company will be generating sufficient cash to pay its short-term needs. Therefore, when the credit markets become tight, the company will not experience much difficulty as it can comfortably generate finance from internal resources considering its stable