Intro to business Essay Example | Topics and Well Written Essays - 750 words

Intro to business - Essay Example The rationale behind this is that I also follow rules, guidelines and policies within a system and prefer not to deviate. I still do allow some creativity in decision making but I make sure I am within the given set of parameters. Perhaps, my personality type is beneficial to me since I stick to order and structure which gives me discipline. It is important for an employee to have self-discipline such as coming to work in time. Over-all, I believe the assessments are reliable and valid since they exhibited most of my personality attributes. The assessments clearly identified my characteristics which I found amusing at the same time informative. Because of the assessments, I learned more about myself and the result gives me an idea on how I could adopt to other personality types in a workplace setting. 2. Yes, I would use the assessment since it provides me a good background of the person. Personality tests are used nowadays by companies to ascertain of the person can fit into the right job. The Jung Typology Test gives the manager a good insight on how the prospective employee interacts with other people. If I were hiring for a customer-service oriented job, I might not prefer to hire introverts with a high score since they may not be able to handle complaints well. Their performance behavior may suffer since they get stressed out easily by interaction. Although, it actually depends on the industry when using these assessments. If I were to hire a programmer, then I need to have one who has a certain personality type. One who needs not much interaction but would rather be left alone doing his work. If I make a mistake in matching the personality type with the job, then counterproductive behaviors maybe exhibited by the employee since they get demotivated. 3. I am a Theory Y manager. I believe that people, when given a sense of responsibility that matches their skills and knowledge can be very productive. People are not inherently lazy,

Industrial Revolution Paper Term Example | Topics and Well Written Essays - 1750 words

Industrial Revolution - Term Paper Example The revolution was mainly governed by several important innovations that came into being around that time. These new methods and ways of doing things promoted greater efficiency and productivity, thereby incurring larger profits for manufacturers and yielding the manufacturing industry to become, for the first time in history, a more valuable asset to the economy than the agricultural industry (Olson, 2002). One of the major innovations of this kind was the invention and improvement of the steam engine. Previously, America had employed man- or horse-powered machinery, but was now shifting towards the use of water to run machinery, a feat that saved capital and time, thereby greatly increasing productivity and reducing cost. While most of the revolution did still rely greatly on horse and man (because of the lack of knowledge and know-how), uptake of use of water and steam engines to run machinery by several important factories paved way for many smaller ones to do so as well. Thus, c reating a somewhat chain reaction that moved towards use of the steam engine on a much larger scale (Grayson, 2010). ... This situation benefited both parties, the consumers and the producers. Because of consumer attraction, many factory owners enjoyed large profits because of the increased consumer spending and activity in the economy, leading to growth of these trades and factories in the cities of America. Another major implication of this revolution was the increased GDP per capita than had been seen ever, and the effects of the increased exports to other countries could not be ignored. In fact, for the first time after 1812 and the restrictions that followed the Embargo, America was found to be active in trading with other countries, a feat that ameliorated the national funds. Moreover, because of the complete transformation of the production system and the introduction of machinery, many jobs opened up for workers thereby increasing employment in this sense. Naturally, a revolution of this scale was to have great effects on the infrastructure of cities, and this was made very evident in America. Because of the large number of people moving into cities to work, numerous buildings were made to house these people. Buildings got taller, more modernized but the living spaces became more compact. Furthermore, because the manufacturing industry is one that greatly relies on transport and movement of parts and goods between cities, one demanded major changes in infrastructure of the cities. Firstly, the need for better roads and bridges was felt to expedite delivery of goods, and so better roads, such as the Crumberland Road, came into being. Moreover, America saw the creation of the Erie Canal, which helped simulate the economy of New York thereby helping it

Systems Thinking and Constraint Management Part II Assignment

Systems Thinking and Constraint Management Part II - Assignment Example Until now, the difference I find between your organization and mine in the way they approach systems thinking has to do with the emphasis your organization but on people in making the system work, while we focus on the system in making the people work. Example of the system is the performance model used in my organization. Shireman, W. K. (1999). Business strategies for sustainable profits: Systems thinking in practice. Systems Research and Behavioral Science, Syst. Res., 16(5), 453–462. Retrieved from the Walden Library databases. Very readily, what I have learnt from your posting is that organizational growth is a continuous process, which requires that companies will constantly keep up with their efforts towards growth (Jacob, Bergland & Cox, 2010). This comes from the number of efforts I identify your company as putting in place to make systems solution work. To add to your thoughts however, I am of the opinion that it is time your organization focused on the organizational culture as a resource in itself and trying to make this work for the organization. This can be done by creating an organizational principle where each person is expected to function according to the business culture that prevails in the organization. Because the business culture is often set with the goals of the organization in mind, each person would then become a contributor towards constraint management because they will be acting not for themselves but for the larger organization (Shireman, 1999). already, I see a similarity betwee n your organization and mine in the way you emphasize on systems instead of people. It is for this reason that I believe this approach can work best for you. Shireman, W. K. (1999). Business strategies for sustainable profits: Systems thinking in practice. Systems Research and Behavioral Science, Syst. Res., 16(5), 453–462. Retrieved from the Walden Library

Communicable Diseases Essay Example | Topics and Well Written Essays - 750 words

Communicable Diseases - Essay Example â€Å"Infectious diseases† have affected man at every stage of his evolution, but it is only recently that he has begun to understand that these diseases are not the result of â€Å"invisible† enemies, but rather microscopic ones. Communicable diseases are a group of infectious diseases â€Å"that are capable of being spread directly (through contact with bodily secretions) or indirectly (through contact with inanimate objects) transmitted from person to person† (Ilyas, p. 520, 2007). Common diseases such as influenza, measles, tuberculosis, sexually transmitted diseases (STDs) and AIDS come under this heading. Their prevalence in a community however depends on the degree of defensive power of the body against that infectious agent. Communicable diseases can be termed epidemic â€Å"if the number of susceptible individuals is very large in a community and the disease is likely to spread rapidly, or if it occurs for the first time in an area where it was not previously present† (Ilyas, p520, 2007). However, â€Å"if the immune and susceptible individuals are equal in a community, the disease continues to smolder and is always present in that community, it is said to prevail in an endemic formâ⠂¬  (Ilyas, p520, 2007). A pandemic form is one in which â€Å"the susceptibility of the whole world or a country is increased for a particular organism† (Ilyas, p520, 2007). Some communicable diseases have been known for centuries. For example, Tuberculosis has been mentioned in literature by the name of â€Å"phthisis† or â€Å"dried up† by Hippocrates around 460 B.C. (Hippocrates, n.d.). Some diseases however, have only recently surfaced, but in short time have led to major global health problems. For example, the Acquired Immuno Deficiency Syndrome (AIDS) was first discovered in 1981 in the US, when five homosexual men with a special type of pneumonia were tested

Aerated Concrete Industries, Co Case Study Example | Topics and Well Written Essays - 1000 words

Aerated Concrete Industries, Co - Case Study Example The chosen business organization is Aerated Concrete Industries, Co. which is engaged in the core business of production and manufacturing of light weight blocs and reinforced slabs.On the other hand, ACICO's subsidiaries are into contracting/construction, real estate development and/or investment and engineering consultant office. Because of the diversity of its business units, ACICO employs a corporate strategy centered on cost leadership.ACICO employs the expertise of its multiple sub-units in order to efficiently manage costs and enhance its expertise. It should be noted that there is a strong coordination among ACICO's business units which enable it to build skeleton houses in a relatively short period of three days. After purchasing land, the investment in real estate moves to develop the property. The engineering office processes the necessary permits and creates the design. Afterwards, the contracting unit takes over to begin and finish the construction. It can be seen that a ll the processes in real estate development and construction are all undertaken in-house. In fact, ACICO's competitive advantage is its capacity to undertake every process in the value chain efficiently enabling it to develop high quality housing at lower costs than competitors.Being engaged in a highly capital intensive business operation, ACICO profits through economies of scale. Its multiple sub-units enable it to spread its expenditures in advertisement and administration in order to minimize unit production cost. The company has also developed expertise in different each value chain process allowing it to create high quality products and provide excellent services. The three main strategies discussed above consistently diversify risks and keep consistent cash flow by generating income from different sources as well as financial engineering. 2. Translate the Strategies Identified into Strategic Tasks The broad strategies mentioned above are efficiently carried out by ACICO through its operations. Intensive growth is expected to be achieved by exploring suitable opportunities with aim to expand by enlarging the scale of operations of its existing business operations. Through diligent implementation of this intensive growth strategy, ACICO becomes successful in entering the Dubai, Saudi Arabian, Qatar markets with its Autoclaved Aerated Concrete plants and is currently working to penetrate the market and improve its market share by forging alliance with renowned local partners possessing who are proven market influences and share good local standing. This enables it to attain its objective of increasing shareholder wealth by expanding in core knowledgeable business. Integrative growth is undertaken through the implementation of backward, forward, and horizontal integration within the construction and real estate industry. Management intends exploiting the opportunities offered throughout this industry's value chain, which ultimately slows greater operating flexibility, reduces reliance on third party providers, deliver quality client service and offer competitive products to customers. This serves ACICO's objective of maximizing shareholder wealth by operating in all spheres of the construction and real estate value chain. The implementation of diversification growth strategy is intended to multiply growth prospects by focusing on profitable business ventures outside its core businesses. ACICO does this through a detailed mapping of the market prior to any decision to venture and is considered

Business Law in Finance and Accounting Essay Example | Topics and Well Written Essays - 2000 words

Business Law in Finance and Accounting - Essay Example Upon the dissolution of the ongoing partnership, the assets are distributed equally. By continuing with the current form of business organization, Barbara, Helen and Maureen will experience various advantages and disadvantages as discussed below. Synergy. By combining their strengths, the three partners have sufficient potential to deal with the business challenges and achieve their objectives. Given the fact that each of them has a certain skill, they will be able to undertake various responsibilities for example marketing and innovation without incurring extra cost of hiring external personnel. Fewer regulations. As compared to corporations, joint ventures are subject to fewer regulations. This implies that the three partners owning Sweet Pleasures will not be restricted to undertake most of the activities (Sarah and Vida, 2013). Additionally, the partners will not incur high costs such as undertaking an initial public offer (IPO) which public companies engage in. As far as taxation is concerned, Sweet Pleasures, is exposed to fewer taxes, thus the partners are able to make high profits in future if they continue to work as a joint venture. Easy to form. Joint ventures are relatively easy to form. This is based on the fact that during their formation, the partners do not engage in extensive process. However, during the initial stages, considerable thought should be put while looking for the best partner who has a positive mentality towards business activities (Lucy, 2013). Accessibility of capital. By operating as joint venture, Sweet Pleasures will have stronger potential of accessing greater amount of capital (The Company Warehouse). Based on their interest in business activities and future expansion, financial institutions will likely be in a position to provide adequate funds to the partnership. Liability. By working jointly, the partners are liable for the actions of other in the partnership. This implies that if a partner fails in his or her roles,

REMEDIES LAW Essay Example | Topics and Well Written Essays - 2500 words

REMEDIES LAW - Essay Example In considering the impact of blame culture, this study will reflect on the attitudes of judges when being asked to apportion liability, and examine case law in this area in order to explore whether recent cases demonstrate reluctance or willingness on the part of judges with regard to the apportioning of blame. Mullender (2006) suggests that the culture of blame might stem from the emergence of professional negligence claims and personal injury claims. In his study he noted that judges had become aware of a rise in the number of claims, some of which appeared to be fake. In McLoughlin v O’Brien [1982]1 Lord Wilberforce warned that ‘†¦such an extension may lead to a proliferation of claims, and possibly fraudulent claims, to the establishment of an industry of lawyers and psychiatrists who will formulate a claim for nervous shock damages, including what in America is called the customary miscarriage, for all, or many, road accidents and industrial accidents’. ‘Blame culture’ focuses on the need to hold someone accountable for what might otherwise have been considered a mere accident. Atiyah (1997) suggests that the culture of blame exists not only in claims for personal injuries and losses, but also in the criminal sphere, where there is a desperate need to find the person responsible for the crime that has been committed, and to see them punished for their wrongdoing. Vines (2008) argues that previously an injured party would have been prepared to accept an apology for the accident as suitable recompense for the harm caused, but with the insurgence of the ‘compensation culture’, apologies are often construed as admissions of guilt, and used in order to claim monetary compensation for the harm. The UK government has attempted to address this assumption through s2 of the Compensation Act 2006 which states that This does not stop the court allowing the adducing of such admissions in court, but is