HRM Policies and Organisational Performance †MyAssignmenthelp.com

Question: Examine about the HRM Policies and Organizational Performance. Answer: Presentation The dynamic idea of the cutting edge world has seen fast changes in business activities and speculation designs. Associations are going far and past to come to the enhanced and consistently changing worldwide markets. Innovation has diminished the world into one single worldwide town and having an organization in another nation is presently a lot simpler than any time in recent memory. Beautifying agents industry is an antiquated business that goes back to quite a while prior before the progression of innovation to this present status. Beauty care products are ascribed to early human progress remembering Egypt for the B.C. time. Oils and creams were utilized to shield regular folks from sweltering singing sweet sun and furthermore dry breezes (Chaudhri Jain 2009). It is established on the rich old history from the times of the Roman principle to antiquated Greek and Asia, and now it has discovered its place in the advanced history. The business has developed to introduce a major open door for undertakings. The US economy is contained a lot of shoppers of various ethnic foundation, and gives a decent source to beauty care products advertise. It is additionally a nation described by solid monetary base and incessant new way of life slants that goes with attempting of new items in the business sectors (EY 2014). The worldwide restorative patterns likewise favor items with medical advantages to the assortments of the shoppers. The nation is additionally securely famous with regards to the deals of restorative items which give flashing want to the corrective undertakings. Along these lines, Australian Cosmetic Company expects to abuse the American market with exactness of value items, and notwithstanding work together with nearby corrective organizations in giving the best to the business fixated on the best. The coordinated effort will be an advancement strategy of getting to the American market. It is an essential and mindful advance of breaking into another market structure in an alternate nation with various culture and convictions. Joint wandering is esteemed as an ideal transitional advance into full activities. The Description of Cosmetic Venture The Australian Cosmetic Company plans to increase an incredible portion of American corrective market through coordinated effort with other well known nearby restorative sellers in a joint undertaking. Given the potential the US corrective market holds, the business has higher odds of increasing quick piece of the overall industry (EY 2016). The remote idea of the organization in the US could have been a precarious obstacle to survive, however given the methodology taken to together endeavor in the business with nearby sellers, at that point everything is made simple as they will help in the transitional procedure of understanding the market patterns and practices. The accomplices will likewise help in showcase examination for the item, which is a methodology that will support the presentation of the Company items (Abbas 2017). Passing by the market capability of the US economy in the restorative business, the Australian Cosmetic Company intends to dispatch a wide scope of corrective items from body salves and aromas, to antiperspirants and other body showers after the introduction dispatch of the cosmetics paper strips. The organization will additionally set a product offering explicitly for the two people among its likely arrangements. It is a rising pattern in the restorative worldwide industry whereby, in contrast to the earlier years, right now most organizations have built up a line of men corrective items that have same likeness to that of ladies (Aginsky Consulting Group 2007). It is a market methodology planned for taking advantage of a tight men industry, which is engrossed by the general suspicion that beautifying agents has a place with women. The commencement of the Australian Cosmetic Company was motivated by the adoration for the American individuals for new corrective items, and the promising business sector blast the US has been encountering, which guarantees a superior future. The market patterns guarantees immense profits for ventures, with the objective market being the energetic young people of between 20 to 45 years old. It is a task planned to break into the US restorative market with the genuine purpose. The Management In each authoritative set-up, the board is consistently at the focal point of tasks and usefulness of the association (Hussain Ahmad 2012). It advances work process and provides guidance to the progression of every single authoritative activity. HR will direct the organization in recruiting of the correct representatives for the activity, upgrade great workplace and worker fulfillment, lead execution evaluations, supplant the failing to meet expectations laborers and develop great and maintainable worker the executives relationship. Likewise, the administration will devise vital designs to manage the business in the ideal bearing. The organization additionally means to use the administration to assume a job of making mindfulness about the mission, vision and the estimations of the corrective organization, bait accomplices through legitimate portrayal of the organization interests to the most noteworthy partners inside the American business, with a point of consistent development (Katou Budhwar 2010). The administration structure will be set in a manner that mirrors the set objectives of the organization and essential targets of getting to the corrective market, making an eminent system of dependable customers, set up ensured wholesalers of the organization items, direct statistical surveying to set sensible cost and set out on client examination exploration to decide the shopper practices and reaction to the item. Starting there of view, the organization the executives will contain the Chief Executive Officer who will regulate all the authoritative procedures for the firm at the zenith of the administration. At that point the organization will utilize a progression of departmental supervisors for the administrative center, territorial state chiefs in each condition of the US who will team up intimately with nearby and well known directors of other corrective organizations. The organization will likewise have agents, organization laborers or more all, the Human Resource Manager accountable for HR. The Companys Marketing Plan Showcasing gives grounds to the offer of the items. It is one of the most fundamental components to consider that can represent the moment of truth an undertaking (Isoraite, 2009). It is a vital procedure of recognizing and putting forth attempts to enhance your items for the purchasers in the market. It includes the way toward advising the possible customers, clients or purchasers about the nearness of your item inside the market and persuading them about critical thinking capacities of your item, far superior to other existing or non-existing items (Copeland Borough Council n.d.). The Australian Cosmetic Companys advertising plan is only in excess of a customary set assignment of reporting the new line of restorative items into the American market. Moreover, as much as nearby accomplices in joint endeavor will give a lift in entering the item to the statures of the market; it doesn't ensure showcase achievement. In this way, the organization has an arranged procedure on the most proficient method to adequately strike the brain of the expected clients with the new beauty care products. The reality of understanding an away from of advertising your item is by first setting up and realizing your objective market crowd (Lynn, 2011). For this situation, the objective market of the companys items is the adolescent extending from twenty years old to moderately aged grown-ups of not in excess of forty five years. These are the individuals who will give the required client base, with their social liveliness and interest of evaluating new items. Universally, it is realized that the most noteworthy buyers of the restorative items are the youthful grown-ups. They are sure and want to look progressively appealing among the rest. It is this conduct clarifies the inescapable profiling of this gathering of individuals as the possible purchasers. Fixation on conspicuousness and engaging quality makes them number one objective, and the main residual part is to get them. The Australian restorative organization will investigate all the full scale natural factors, that is, all the outer components past the companys control, for example, political condition of the US (Sammut-Bonnici, 2015). The Micro ecological factors, for example, the organization providers will contribute essentially to the promoting journey of the firm. Be that as it may, given the stable financial and political circumstance in the US, there are awesome and good advertising conditions. The organization will utilize the promoting blend procedure as a major aspect of endeavors to control their advertising plan. The showcasing blend alludes to the wide scope of endeavors and alternatives associations chooses in procedure of carrying the new item to the market. It includes all the endeavors the association will apply to make known about its new line of items to the possible customers. Advertising blend utilizes 4Ps; which represents the Product (or administration), Place, Price of the thing and the Promotion. It is a compelling technique for arriving at the new item to the clients and gives entirely solid premise to great outcomes when appropriately used (Ehmke, Fulton Lusk n.d.). The organization expects to initially present the cosmetics paper strips as its presentation item inside the market. It is an item which will have great impression to its clients. Having perceptible item in the market is one of the favorable circumstances the firm will bet on in journey to rescue their piece of the pie. As far as the spot, the Australian beauty care products organization is a global makeup organization from Australia, entering the US showcase space. The item costs will be set in thought to the current market costs and the cosmetics paper strip will go for $20, in an initial evaluating system to bait the objective clients. Advancement is the most significant part in satisfying proposed objective of the item. It will include various methods, for example, constrained offers, free examples of the item for testing, media notices and online networking advertising to elevate the item to the objective market (Cuellar-Healey, 2013). Contender Analysis

Can the war on terror be undertood in terms of realism Essay

Can the war on fear be undertood regarding authenticity - Essay Example This shouldn’t be alarming as they all have a typical cause and thinking about the multifaceted nature of the subject, it merits this artistic stretch. In the event that Marxism and Christianity can have different translations, so can authenticity. John J. Mearsheimer, teacher at the University of Chicago was once gotten some information about fear mongering, and his answer was, ‘Not an entire hell of a ton, Realism†¦..is extremely about relations among states, particularly among the incomparable powers†¦Ã¢â‚¬ ¦Realism doesn’t have a lot to state about the reasons for terrorism’1. It is smarter to investigate different authenticity speculations before delving into the subtleties of the war on fear. Authenticity is a ‘philosophical disposition’ in the expressions of Robert Gilpin; numerous analysts have thought of it as a general direction and not a lot of unequivocal standards. As indicated by Ferguson and Mansbach, it is a lot of regulating accentuations that shape the hypothesis and a ‘attitude of mind’ with unmistakable and recognizable flavors in the expressions of Edward Garnett. Sandra Rosenthal looks at authenticity as a ‘loose framework’ while Colin Elman thinks of it as a ‘big tent’ that has space to suit various hypotheses and notions2. Authenticity is a technique of understanding global relations and numerous researchers and scholars have set themselves in the development of this strategy that is the reason it has been delimited in its projection and examination. It is somewhat hard to encase psychological oppression or ‘war on terror’ in one meaning of authenticity. Psychological warfare is an idea that has arrived at all sides of the earth. No spot on this planet is obscurity of this idea, particularly after the pitiful September 11 assaults on the twin towers of U.S. also, the America’s ‘war on terror’. This expression has reclassified local clashes and regional conflicts. Preceding 9/11 assaults and the affirmed ‘war on terror’, fear monger bunches were indigenous of their territories however now simply like worldwide exchange and

Dissertation proposal either in marketing, Finance or internantional Essay

Thesis proposition either in showcasing, Finance or internantional. business MBA level - Essay Example The run of the mill addresses that come as a top priority are whether such factors have a huge effect in improving the deals of the organization or not. In the event that truly, at that point would it be gainful for the organizations to give more concentration towards their items bundling and arrangement of their items on racks in retail locations. For investigating these inquiries, there is a need to direct an exploration, which may give rules to the organizations and retailers with respect to the bundling and rack situating of items. Arranged buys don't comprise all deals; in actuality, a critical part of absolute deals is made out of motivation purchasing which shows unavoidable variety as for components, for example, bundling and rack situating. Results: without such an exploration, the advertisers will unquestionably be at a misfortune. They won't have the option to increase a knowledge into the relationship of elements, for example, bundling and rack situating with Impulse purchasing, in this way impeding their capacity to control these elements furthering their own potential benefit, which could some way or another lead to expanded deal. The examination paper chose as the base paper of this exploration is ‘Unplanned Buying and In-Store Stimuli in Supermarkets’, Managerial and Decision Economics, Vol. 11, No. 2. (May, 1990), pg. 111-121 by Abratt, R. what's more, D.G. Stephen (1990). ‘Impulse buying’ can be portrayed as any buy which a customer makes yet doesn't design ahead of time and these days, a significant garbage of purchaser buys are being made without advance or earlier arranging (Hawkin Stern, 1962). Additionally, Hawkin likewise contended that Impulse purchasing, in spite of specific meanings joined to it, has become a proficient and reasonable method for purchasing products and the frequency of motivation purchasing are developing. Motivation purchasing has been believed to be busy working for the most part on account of FMCGs. Spontaneous buying happens in numerous sorts of retail outlets; be that as it may, it is ordinarily

The Unusual Secret of Teacher of the Year Essay

The Unusual Secret of Teacher of the Year Essay What to Expect From Teacher of the Year Essay? Though you will likely not lose your job due to NCLB following your very first calendar year, ensure you take opportunities to expand and enhance your teaching methods. There are lots of accomplishments that are required for learning. I am aware that for a lot of my students I am their only hope, she explained. These challenges can deter prospective candidates. Kate is among those teachers you happen across once in a wonderful while. Also tell the reader how you could be about the teacher. Set a relationship with a knowledgeable teacher. Therefore, for your convenience, you have a superb chance to monitor the advancement of the assigned writer and make sure an essay will be ready in a timely method. PaperCoach will be able to help you with all your papers, so take a look at the moment! At our essay support, essays are always delivered in a brief moment. 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Presented annually recognizing the calendar year, next calendar year. The Pain of Teacher of the Year Essay But, this isn't to say that first year teachers have to experience that type of situation. Administrators should be careful to make sure the ceremonies and events are special. I believe you will agree these teachers are fighting battles which shouldn't need to be fought in the very first place. Teachers deserve to get rewarded for all the time and effort they need to put in their job. Where to Find Teacher of the Year Essay Every small girl who knows the sort of fear that poverty brings. It conveys the thought that the very same group of individuals are usually doing the majority of the work and burning themselves out. Not every kid learns exactly the same way, nor are they interested in the very same things. The reasons could be absolutely different. The Upside to Teacher of the Year Essay The cost is dependent upon the size and urgency. 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What Is the Most Reactive Metal on the Periodic Table

The most reactive metal on the periodic table is francium. Francium, however, is a laboratory-produced  element and only minute quantities have been made, so for all practical purposes, the most reactive metal is cesium. Cesium reacts explosively with water, though it is predicted francium would react even more vigorously. Using the Metal Activity Series You can use the metal activity series to predict which metal will be the most reactive and to compare the reactivity of different metals. The activity series is a chart that lists elements according to how readily the metals displace H2 in reactions. If you dont have the chart of the activity series handy, you can also use trends in the periodic table to predict the reactivity of a metal or nonmetal. The most reactive metals belong to the alkali metals element group. Reactivity increases as you move down the alkali metals group. The increase in reactivity correlates to a decrease in electronegativity  (increase in electropositivity.) So, just by looking at the periodic table, you can predict lithium will be less reactive than sodium, and francium will be more reactive than cesium and all of the other elements listed above it in the element group. What Determines Reactivity? Reactivity is a measure of how likely a chemical species is to participate in a chemical reaction to form chemical bonds. An element that is highly electronegative, such as fluorine, has an extremely high attraction for bonding electrons. Elements at the opposite end of the spectrum, such as highly reactive metals cesium and francium, readily form bonds with electronegative atoms. As you move down a column or group of the periodic table, the size of the atomic radius increases. For the metals, this means the outermost electrons becomes farther away from the positively-charged nucleus. These electrons are easier to remove, so the atoms readily form chemical bonds. In other words, as you increase the size of atoms of metals in a group, their reactivity also increases.

Heart Of Darkness, By Joseph Conrad Essay - 2290 Words

The author of Heart of Darkness, Joseph Conrad, and the author of Things Fall Apart, Chinua Achebe, both present two stories written in completely different perspectives on the way whites and African’s view each other. These two men also lived in completely different time eras than each other, along with opposite life styles which affected their view on their writings, for Joseph Conrad lived in the late 1800’s, born in Ukraine, and Chinua Achebe in the early 1900’s, born in Nigeria. Man’s fallen nature plays a large role in Heart of Darkness and in Things Fall Apart, through the way that the characters view other people in the books. The white characters tend to view the Africans as savages; however, they actually have great abilities that they do not know of. Man’s fallen nature also affects how the characters interact with each other in man vs man, since the white do not view the Africans in the same way, they will think lowly of the Africans and treat them with disrespect. Throughout the stories of Heart of Darkness and Things Fall Apart, man’s fallen nature is seen throughout the communication with white’s and Africans, this can be seen through how they think of each other and their actions from man’s fallen nature through man vs man. Joseph Conrad, the author of Heart of Darkness grew up in a completely different time era and opposite world as the Things Fall Apart author, Chinua Achebe. Joseph Conrad was British, born in Ukraine on December 3, 1857 living to AugustShow MoreRelatedHeart Of Darkness By Joseph Conrad1471 Words   |  6 PagesIn the story Heart of Darkness by Joseph Conrad a sailor decides to travel to Africa on a whim, using family connections he enlists as the captain of a ship travelling up the Congo River. The novella provides many themes, however is the text in itself racist? One of the main concepts portrayed in Heart of Darkness is the treatment of the natives of Africa and the ir image. This is most commonly shown through the disparity of the image between what is said in the novel and what can be read throughRead MoreHeart Of Darkness By Joseph Conrad Essay1371 Words   |  6 Pagesevery human and everything created by humans has two sides to it: the form and the substance. Joseph Conrad’s novella â€Å"Heart of Darkness† shows precisely how dangerous it is to put our trust in a concept, for example: colonization, without realizing that most of the time one only gets to see the form and not the substance. In this essay, my purpose is to demonstrate that â€Å"Heart of Darkness† by Joseph Conrad is mainly a novella about the discrepancy between substance and form. In order to prove my pointRead MoreHeart Of Darkness By Joseph Conrad1378 Words   |  6 PagesWoytassek AP English 12 Heart of Darkness Reading Log Author: Joseph Conrad Title: Heart of Darkness Original Publication Date: 1899 Kind of Writing: Heart of Darkness is a colonial novella of an expository narrative. Writer’s Purpose and Intended Audience Joseph Conrad wrote Heart of Darkness because he wanted to expose human temptation to experiment with darkness when one’s own desires overcome one’s morals. By writing from his own experience of exploring the Congo, Conrad draws conclusions thatRead MoreThe Heart Of Darkness By Joseph Conrad983 Words   |  4 PagesThe Heart of Darkness by Joseph Conrad is a story that takes place in the early 1890s and presents us with an odyssey of a traveler known as Marlow who confronts the dangers of the Congo jungle while also witnessing the wicked, inhumane treatment of the African natives. In the story, Marlow represents Joseph Conrad who had actually traveled up the Congo in 1890 and witnessed the European exploitation of the African natives firsthand. In the Heart of Darkness, Joseph Conrad exposes the inhumanityRead MoreHeart Of Darkness By Joseph Conrad1350 Words   |  6 Pagesyears, Heart of Darkness by Joseph Conrad was a treasured classic, with many honourable themes and messages, as the author reveals the true nature of humanity by following an European sailor’s journey through the dark jungles of Africa and down the river Congo, all while watching as his own humanity changes. As society has evolved, however, Heart of Darkness has come under scrutiny, as the language is quite racist. Chinua Achebe, writer of An Image of Africa: Racism in Conrad’s Heart of DarknessRead MoreHeart of Darkness by Joseph Conrad1329 Words   |  5 Pages Heart of Darkness is a novel written by Joseph Conrad. The setting of the book is in Belgian Congo, which was the most infamous European colony in Africa. This is a story about the protagonist Marlow’s journey to self discovery, and his experiences in Congo. Conrad’s story explores the colonialism period in Africa to demonstrate Marlow’s struggles. Along the way, he faces insanity, death, his fear of failure, and cultural contamination as he makes his was to the inner station. Conrad through theRead MoreThe Heart Of Darkness By Joseph Conrad968 Words   |  4 PagesJoseph Conrad’s novella The Heart of Darkness has been under controversy because of racial interpretations. The race factor in this novel has made some scholars and professors question the function the novella has in the classroom. However, Joseph Conrad had another view when writing the novel; to demonstrate how prejudice and dehumanizing the European culture is towards African Americans and their culture during this time period. European’s superior authority over African Americans is portrayedRead MoreHeart Of Darkness, By Joseph Conrad1306 Words   |  6 PagesWhat is the â€Å"horror† in Heart of Darkness, and what particular literary images develop that idea of horror in the novel? In Joseph Conrad’s, Heart of Darkness, there can be many literary images found within that develop the idea of horror. Heart of Darkness is noted for its horror within the Congo between the Africans and the Europeans. The horror in Heart of Darkness is a contribution of many ideas that are formed and contributed from the European colonists. The purpose of this essay aims to argueRead MoreHeart Of Darkness By Joseph Conrad1076 Words   |  5 PagesWritten in the late 1800’s, Joseph Conrad’s Heart of Darkness is a novella about one man’s travel into the Congo Free State by way of the Congo River. The title â€Å"Heart of Darkness† actually holds two different meanings. Heart of Darkness is both a metaphor for a psychological â€Å"dark side† of man, and an allusion to Africa. The title suggests both a physical and mental reference. During the time the novel takes place, Africa was nick-named the dark continent because of how little the Europeans knewRead MoreHeart Of Darkness By Joseph Conrad Essay1483 Words   |  6 PagesJoseph Conrad, author of Heart of Darkness, intriguingly uses an unnamed narrator in his novel that clearly becomes of importance right away in the introduction. Conrad’s narrator chooses to speak of the historical period in which Roman colonization took over what we now know as Great Britain. By connecting a Roman colonization story to one almost 2000 years later talking about the Belgians in Africa, Conrad reveals one of his own themes in the novel. He proposes that the Romans and Belgians

Business Model Innovation and Strategies Competitive Free Answers

Questions: 1.What is Strategy?2.Discuss about the Business Model Innovation. Answers: 1.It appears that people have different perception of strategy. It is important to understand the correct meaning and definition of strategy. In the video, David Kryscynski explained the concept of strategy in detail. In the video, author complained the development and execution of strategies in modern day organizations to the development and execution of strategies in war front. One of the key learning from this video is that a good strategy is one that provides answer the four key questions. The first key question is that, where do organizations compete? The second key question is that, What unique value do organizations bring, The third key question is that What resources and capabilities does organization utilize, The fourth key question is that How to organizations sustain their unique values. It is important that the combination of above questions should bring efficiency in the system. For example, a business that builds laptop computers gets a certain electrical component from an outside resource, rather than making it themselves. If for some reason the company is delayed in producing that component, then the company building the laptops is also delayed (Brown, 2014). Whenever tasks are not perfectly aligned, which can be quite common, inefficiencies will exist. It is important that the organizations should realize that strategy is not the solution to one of the above questions but the solution to the combination of above questions. It is important that the organizations must analyze its internal and external environment before it can decide the integrated strategy that the organization want to use to compete in the market. 2.Business Model Innovation Key Ideas: The video highlights the use of innovation as part of business model. One of the key learning from the video is that the organizations should focus on continuous innovation. The innovation does not only drive the growth and development of organization but it also drives the growth and development of industry. Therefore, it is important that organizations should operate in fast environment where they can move swiftly. In the video, author discussed the examples of the companies like Kodak and Nokia. Both of these companies were industry leader at some time. However, the common drawback with these companies was the lack of flexibility. These companies were not able to realize the changes in the industry and as a result these companies failed. Ican certainly see how large, well-established organizations that operate in astable environment are more likely to operate as closed systems than youngerorganizations that value innovation, have a more horizontal management structure, and operate in an unstable environment. Still, I am of the opinion that it would berare to find an organization that operated as a completely closed system. Perhaps it is just a matter of degrees. The bottom line is that the organizations should always focus on continuous innovation in the system and outside the system (Martins Rindova, 2015). Application: The concept of strategy could be applied to various companies that wish to grow and develop in International market. Lets apply the learning from this video to the operations of Qantas Airways in Australian market. The organization, Qantas Airways is an established name in Australian marker. The first step of strategic formulation for Qantas is to identify its competitors. The airline industry is a highly competitive industry and Australia has a presence of number of domestic and international players. The key competitor for Qantas would be Air Virgin, etc. The second step for Qantas is to identify the value that Qantas is trying to deliver (Kryscynski, 2015). For an airline industry, the key value for consumers could be linked with the business level strategy of organization. Therefore, the value for Qantas could align with the cost leadership strategy or align with product differentiation strategy. The third step for Qantas would be to identify the key resources and capabilities th at could provide unique edge to Qantas. The unique resources could be identified in terms of people or processes or a combination of both. The key point is that the unique resources and capabilities should be the source of competitive advantage for firms. The lessons learned from this video could be applied to various organizations. Lets apply the learning on Westpac bank in Australia. The Westpac is one of the big four banks in Australia. In recent times, there has been a change in the banking industry and banking dynamics in Australia. It is important that the management of Westpac should be flexible enough to identify the change in the industry dynamics. The development and expansion of banking products like mobile and Internet banking has virtually reduce the dependence on core and physical banking. Therefore, it is important that Westpac should have that vision and strategy in place where it can change its product offerings and include the focus on innovative online channels. The good thing for Westpac bank is that it has already changed its focus from physical banking to online banking. At the same time, it is important that Westpac should have effective communication channels in place, it would help the organizations to practic e innovation as a culture in the organization. Casadesus?Masanell Zhu (2013) argued that observed,the two- way exchange of information is one of the most important effects of anopen systems approach that is based on innovation. Most of the time,I would think that such an exchange would be mutually beneficial, as it helpsorganizations adapt and respond to changes or potential changes in theirenvironment. But I do think thatsometimes such communication introduces different organizational cultures andbusiness strategies that are not compatible with an organizations worldview. References Brown, A., 2014. Organisational paradigms and sustainability in excellence: from mechanistic approaches to learning and innovation.International Journal of Quality and Service Sciences,6(2/3), pp.181-190. Casadesus?Masanell, R. and Zhu, F., 2013. Business model innovation and competitive imitation: The case of sponsor?based business models.Strategic management journal,34(4), pp.464-482. Gallen, S. 2013. Business model innovation. Retrieved from: https://www.youtube.com/watch?v=B4ZSGQW0UMI (Accessed 25th April 2017) Kryscynski, D. 2015. What is strategy. Retrieved from: https://www.youtube.com/watch?v=TD7WSLeQtVw (Accessed 25th April 2017) Martins, L.L., Rindova, V.P. and Greenbaum, B.E., 2015. Unlocking the hidden value of concepts: a cognitive approach to business model innovation.Strategic Entrepreneurship Journal,9(1), pp.99-117.

Japanese Immigrants to the US

Japanese are among the different ethnic groups that immigrated to the United States between 1870s and 1880s. At that time, the Japanese economy was in the transition stage slowly transforming into the economy that it has today, and this led to numerous economic hardships, like unemployment and crime.Advertising We will write a custom research paper sample on Japanese Immigrants to the US specifically for you for only $16.05 $11/page Learn More Bankruptcies were wide spread in the economy and civil disorders were common. Such economic hardships forced most Japanese people to immigrate to the US and particularly to Hawaii (Schaefer, 2011). During the time, the sugar industry in Hawaii was booming, which attracted the Japanese, who were mostly laborers. A decade from 1885, almost 30,000 Japanese have moved to Hawaii seeking jobs and hoping to return home. When America took over the Island of Hawaii in 1900, the sugar plantation owners anticipated the legisl ation of American laws against the contract labors (Johnson, 2010). To beat the ban, they imported about 26,000 laborers from Japan in 1899; this was the single largest group of Japanese to leave for America in one year. Finally, the law annulled the contract labor permitting all the Japanese to migrate freely to the mainland USA. Process of Entering the US For many years, Hawaii was densely populated by the Japanese people, as opposed to other regions in the USA, and it was due to racial discrimination in the country. Racial discrimination was not significant in Hawaii as it was in the mainland US this had become known to the Japanese government, and it stopped issuing passports to citizens wishing to travel to the mainland US.Advertising Looking for research paper on ethnicity studies? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, many of those who received permission to travel to Hawaii found their way to mainland US (Johnson, 2 010). Americans Attitude to Japanese The initial relationship between the Japanese and the American people were similar to those of Chinese and American relationships, as Chinese had also immigrated as laborers to Hawaii. The Chinese in Hawaii and mainland had ventured into small business and were successful, and this led to resentment and rejection from the Americans because of their hard work. The Japanese had followed the same pattern, initially like a substitute to Chinese labor, but soon there was a growing dislike for Japanese. These attitudes were more severe in the mainland as opposed to Hawaii and regulations were put in place that limited their progress and activities. In Hawaii, the laws limited the movement of the Japanese to more skilled jobs, and in the mainland they were not allowed to own land. The theory of racial profiling can be used to describe the experiences of the Japanese Americans, and it became even worse during the Second World War (Schaefer, 2011). Japane se’s Values and Beliefs Japanese society does not believe in one God like most Americans who believe in God who controls everything and determines the fate of people. The Japanese believe in a number of virtues that affect the character and the destiny of the individuals.Advertising We will write a custom research paper sample on Japanese Immigrants to the US specifically for you for only $16.05 $11/page Learn More Japanese have all along been a collective society as compared to the American way of life where emphasis is made more on group values rather than on individual ones. These social groups play a significant role in helping other members in the community; this could explain their relative success of the Japanese. The Americans are individualistic society, where individuals look on to themselves and the members of the immediate family (Onozawa, 2003). The Japanese have an exceptionally strong filial piety, where all members of the society respect the elderly and take care of them. They value them as an excellent source of oral traditions that are passed to future generation. Current Conditions in Japan Since the first immigrants moved to the US, the economic conditions in Japan have changed drastically (Schaefer, 2011). Since 1950, Japan has been among the strongest and the fastest growing economies in the world and by 1995 it had caught up with the American economy. It is now one of the most highly industrialized and developed nations in the world and occupies the third position after the United States and China (Onozawa, 2003). When the first immigrants were heading to the US, the country was primarily agricultural, but now it has turned into an industrialized nation with sectors such as manufacturing, service and trade, playing a vital role in the economy (Onozawa, 2003). According to IMF, Japan has one of the highest per capita incomes, and the unemployment level is extremely low. The country is a member of G8, m eaning that it has a powerful influence on the world’s politics and economics.Advertising Looking for research paper on ethnicity studies? Let's see if we can help you! Get your first paper with 15% OFF Learn More Japan currently ranks as the top most innovative country in the world, as seen in the number of patents registered. From 1968, Japan was the second largest economy until 2010 when China dislodged it to third position. Almost 70 out of the 500 fortune companies are Japanese, and despite the effects of the Second World War, they emerged with resilience, and its economic growth is almost unbelievable (Schaefer, 2011). Opinion on Their Journey Given the experiences of the Japanese immigrants in the USA, especially during and after the Second World War, the journey did not benefit them; instead they lost all they acquired (Johnson, 2010). When the Pearl Harbor was attacked, it marked a turning point and ushered in the most traumatic experiences of the Japanese immigrants. As a result, many Japanese were murdered and even more were taken to custody and they lost all their investments and jobs. Their assets were liquidated by the state, and after the war Japanese were mostly laborers, whil e those in professional jobs dropped significantly (Johnson, 2010). I would not have made the same decision of moving to the US, in my opinion I would have remained in Japan. Reference List Johnson, R. (2010). Be Good Americans: The Message of the Japanese-American Courier. The Great Depression in Washington State. Retrieved from http://depts.washington.edu/depress/japanese_american_courier_americanism.shtml Onozawa, N. (2003). Immigration from Japan to the U.S.A., Historical Trends and Background. Retrieved from https://www.tsukuba-g.ac.jp/library/kiyou/2003/7.ONOZAWA.pdf Schaefer, R. (2011). Racial and Ethnic Groups. (13th ed.). Washington, DC: Pearson. This research paper on Japanese Immigrants to the US was written and submitted by user Eva Ross to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

The Impact of the Eighteenth Century Books essays

The Impact of the Eighteenth Century Books essays Since the nineteenth century, the world had been changing really fast. As we have made dramatic progress in the science technology, the quality of life has been changed rapidly. However, those improvements of our lives have made us lazy to do anything because today our lives are flooded with the articles or goods. It is said since then that now we live in the hedonistic and materialistic culture. Living in those cultures, people do not need to care or worry about anything, and I think people dismiss from their minds to live together in peace because people tend to place a special emphasis more on the articles than on other people. As we start living in the hedonistic and materialistic culture, we have lost the value of the moral sense. Even now, it is worth to read and study a eighteenth century book, like Autobiography of Benjamin Franklin, because it reminds us of the moral standards dismissed from todays our lives. I think many people who make a success of life today are influences by the eighteenth century books. Recently I have read the books about empirical and successful philosophy, such as Andrew Carnegie and Napoleon Hill. What they said in a book is really similar to what the eighteenth century books said. Both book claim that the moral standard is necessary to make a success of life or to obtain happiness in the course of life. Although many people want to make a success of life or obtain happiness, they tend not to practice the moral standards of old fashioned values. In the hedonistic and materialistic culture, our societies have been brimming over with insincere attitude, falsehood, hatred, envy, and jealousy. This is a reason why the moral sense of old fashioned values has been lost in our societies. However, anybody can change oneself or ones mind; I think the eighteen century books were written about the moral sense because of the Enlightenment. Especially, the Autobiography of Benjamin Franklin has inf...

Mangement Essay Example | Topics and Well Written Essays - 750 words

Mangement - Essay Example He maintains that it is more important for a leader to be competent than intelligent. Due to the popularity of his competency movement, multinational companies started formulating complex competency models which laid down the framework regarding desirable behaviour and skills in the organization. People who adhered to these competency models would be rewarded and vice – versa. However, this model left very little room for the development of the leader. A leader was unable to show his motivational skills, leadership styles and even prove his point of view. Traditional competency models focussed on developing individual behaviour and skills and in overcoming individual weaknesses. They believed that this will lead to overall team development. However, they failed to understand that in a team environment individuals benefit from each other’s strengths and it is very important for overall team development and not to focus on individual development. The third and final assum ption of competency model is that jobs are static and individuals benefit by following a set of competency rules laid down by the organization. This thought in itself is flawed. People are hungry for recognition and they are happy to display their skills and qualities. In the modern world, leaders must have the below mentioned competency skills in order to be efficient and successful. 1. Visionary and strategic thinking – Leaders must be able to set long term goals and act as a guide and mentor to the followers by leading and directing them to achieve these goals. he must be able to understand the environmental changes both nationally and globally and guide his followers accordingly. 2. Adaptability and change movement – Leaders must be able to adapt to changes in the organization. An effective leader easily adapts to changes required to attain the goal.He also must be able to blend different leadership styles depending on the situation in order to guide his followers through the change process. 3. Drive for results – Leaders must take the ownership and be personally responsible for success and failures. He must be passionate to achieve goals and must encourage his followers to do the same. 4. Team leadership competency – An efficient leader should act as a guide and mentor and direct the team in order to attain desired objectives. He should be keen to take responsibilities to meet targets and also take active part in the organization’s success. 5. People development – Efficient leaders must promote follower’s growth and provide a platform for them to succeed. This will help to develop future leaders and will eventually lead to the success of the organization as a whole. 6. Risk management – Competent leaders must be innovative and be prepared to take risks and experiment with new methods in order to foster development. They must use new and innovative techniques to solve problems and also adapt to change s. 7. Values and ethics – Good leaders must follow social norms and ethics and set examples for the followers. They must not resort to dishonest means or engage themselves in illegal or unlawful activities. Nowadays, most organizations are giving a lot of importance to ethical behaviours of leaders as recently there has an increase in scams and scandals which translates to the fact that there has been a lot of ethically failed leaders. 8. Service orientation – An effective and competent leader understand the needs of his clients and tries to meet client expectations. He

Soviet American Relations 1929 Essay Example | Topics and Well Written Essays - 1250 words

Soviet American Relations 1929 - Essay Example No incident in examining a history of relations between these two powers is independent of other events that occurred prior to or during any such dialogue. To understand the context in which it is written demands an understanding of the milieu of the era. In order to facilitate this, I will first examine briefly the period prior to the Litvinov/Stimson communications from both the American and the Soviet perspective. At the culmination of World War One the United States engulfed itself in what is frequently termed as "Isolationism". The term infers that foreign policy dictated that the United States not concern itself with outside influence and concentrate instead on building a solid national base. This idea of isolation although embraced by many simply was not the case, nor was it the United State's intention during the 1920's. After World War One many American's felt that, although the Allies were victorious, the reasons for American involvement in the war were politically motivated rather than in the United State's best interest. More so, the loss of life suffered during the war intensified this feeling. Although not implicitly stated, many, at the time, felt that the United State's involvement was, in effect, to help the British government save face and retain their position as a global power. Although the United States did in many respects remove itself from direct intervention in the world relations, it was far from isolating itself. Much focus was placed on internal strengthening and development within the country, but at the same time America was still a key figure in world diplomacy and politics. The greatest contention between the United States and the Soviet Union at this time was the fall of the Russian government and the establishment of a Marxist's doctrine in what became the Soviet Union. After World War One Germany and the Soviet Union were virtually 'social outcasts' within the world political scene. Dialogue between the Soviet Union and the United States at the conclusion of the war was further strained by the Soviet Union's realization that American prisoners of war held by the Soviet government could be used as bargaining leverage to gain the United States' legitimization of the new Soviet government. Having previously negotiated for exchange of prisoners w ith the Soviet Union, the United States was unwilling to relent to these pressures when the Soviet government withdrew from the agreement and steadfastly refused to acknowledge its world legitimacy. Instead, the United States turned to Britain and France to assist in the negotiation for release of all three countries prisoners of war. The United States although politically refusing to recognize the Soviet Union as a sovereign nation - did so after World War One as it built, developed and strengthened economic ties. The national agenda of the era was to fabricate a strong economic base within the United States, but foreign investment including investment in the Soviet Union was prevalent by American industry during this period. During such times, as steadfastly as the United States refused to acknowledge the new communistic creation of the Soviet Union,

Loneliness in Of Mice and Men Essay Example for Free

Loneliness in Of Mice and Men Essay These are just a few of the times in which Candy has shown thoughtfulness. The last character John Steinbeck has developed, Curleys wife, shows loneliness for three reasons. For one, she states, I get lonely. You can talk to people, but I cant talk to nobody but Curley on page 87, which shows that she has loneliness because she doesnt have anyone to talk to but Curley. Specifically, people wont talk to her because they know that Curley will get jealous and want to start a fight. In another reason, she says, Im looking for Curley on page 31, which shows that she, made up an excuse to find adult conversation. Candy does not seem to have a dream until he meets George and Lennie. He is swept up in the plausible reality of this dream, a dream he would probably be too scared to initiate by himself. Candy is not happy with his life on the ranch, but he doesnt think that there is anything else that he can do. He has one arm and is quite an old man, he used to have a dog that was also very old and someone else shot it for him. He was very miserable after the death of his dog and he said, I ought to have shot that dog myself, George. I shouldnt ought to have let no stranger shoot my dog. His dog was the only precious possession he had at the ranch and it was taken away from him. He overheard George and Lennie talking about their dream and later approached them and told them his generous offer. He had more than half of the deposit money and George was very grateful of that and let him in on their once unattainable dream Steinbeck was of German and Irish ancestry. Curleys wife tries to get the men to feel sorry for her but also has a powerful and mulipative side to her by threatening Crooks. I could get you strung up on a tree so easy it isnt even funny. Curleys wife is abusing her power by using it to threaten Crooks and make him understand what kind of position he is in. She says this by threatening to get Crooks lynched, the hate of black people during this time is unimaginable. The men in the barn would rather listen to a white woman over a black man. He helps them get closer to actually owning the ranch because he has a lot of money saved away in his bank and offers it towards the ranch. Crooks is also crippled in his back and because of this he works as a stable buck. Like Candy he also has nothing to look forward to. When Lennie tells Crooks about his and Georges dream of owning a ranch, he is very cynical; Every damn one of ems got a little piece of land in his head. An never a god damn one of em ever gets it. Crooks mentions how George and Lennies dream will be unattainable but after hearing what Lennie has to say, he wants in but.. But after a while he believes that they might actually get their ranch and decides he also wants in. His hopes are soon crushed by Curleys wife taunts and changes his mind George and Lennies dream to buy a plot of land is a powerful symbol of the American Dream, Steinbeck uses Candy as a narrator. At the start he gives commentary of the characters to introduce them, he says how curleys wife is a tart, curley hatred for big guys and what the boss said in the morning and what he is like. Candy seems to know about Curleys wife and her giving the eye to Slim and Carlson. I seen her give Slim the eye, An I seen her give Carlson the eye. If he was white he would have such a nicer life on the ranch, knowing this he is depressed therefore like many people the great depression. Crooks is a nice person but being black the reader finds it hard to see that he has feelings and also his arched back makes him look twice as bad of an outsider. Steinbeck has written this novel in the hope that people would understand what happened back in his child years. He also wanted to convey his feelings of the violence and anger in the 1930s he had experienced. In the novel the violence mentioned is where curly exhibits himself in the bunk house because he does not like big people. There was a ranking system in America that was similar to an unwritten law. This ranking was used on the ranches and unfortunately put Crooks at the bottom. In America black people were oppressed and were not allowed to prosper. On the ranch Crooks had his own bunk and kept himself to himself. However, any sympathy that we might have felt for Curleys wife is reduced because of the cruelty she shows when talking to the men and by the way she treats Crooks. She is contemptuous of Candy, Crooks and Lennie, referring to them as a nigger an a dum-dum and a lousy ol sheep and she laughs at their dream of having a ranch of their own, dismissing it as Balony. Far worse though is the way she removes all Crooks pride and dignity when he dares stand up to her and saying how she can get him lynched. would say that loneliness is one of the main themes throughout the novel and I also think that Crooks is defiantly the loneliest. He is a Negro stable buck and the only reason he does not get beaten up is because the ranch the hands are not aloud to use their feet to fight because Crooks has a bad back. I aint wanted I cant play because I am black Those quotes show that Crooks is feeling lonely Says George in a way that says I know I cant force you but I dont want you here. This is of course because of what Curly did. She is taken aback by this, she is used to being ignored but not told to leave by anyone other than her husband. I just want some one to talk to. She says. you got a husband, go talk to him George replies. yeah I got a husband. She says almost in a disappointed way. She then asks how Curly got his hand broken. To which George lies and says he got his hand caught in a machine. But this doesnt fool her so seeking an answer she asks Lennie who she knows wont have the mental capacity to make up a lie. how did you get those scratches on your face? she asks. Lennie looks to George and then looks away saying, he got it caught in a machine. He answers. is that so? She says with a look that is trying to work out how Lennie thinks. Almost as if she is concerned for him. She then quietly leaves. In this scene we begin to see that she isnt stupid she can work things out. Also that she doesnt like Curly and being married to him. The possibility that all she wants is some one to talk to is again present. it differs the way Curleys wife is perceived in the film and book, we dont see how clever she is and how she uses her knowledge, power and position to be malicious. In the book, there is a quite surreal scene towards the end, when Lennie is by himself in the brush. He gets agitated with himself over what he has done and all of a sudden, a short, plump lady appears, his Aunt Clara. She starts speaking to him in Lennies voice. Then after she is finished disappears. Then, a giant rabbit scuttles out of Lennies head and starts shouting at him. Unfortunately, this is never visually seen as it is left out of the film. It would have been a funny scene and with it being right near the end, would have spoilt the mood; therefore, it was left out. Another scene left out so not to detract the mood, was when Lennie has his dead puppy in his arms after he has killed Curleys wife, and he has the idea of throwing the pup away so it wouldnt look so bad. The last two scenes would have caused undue laughter in the middle of two important and emotion parts of the film, which would have lessened the viewers emotions. Along with missing out scenes, a fair number of scenes were added. For example, in the film there is a scene when Lennie enters the bunkhouse with the bib of his dungarees puffed up and him cradling it. As Lennie had tried to sneak his pup into the bunkhouse before, Lennies suspicious behaviour hints to George that he is trying to do it again. After George scalds Lennie for his attempt to sneak the pup in again, Lennie lies on the bed and slaps the bib of his dungarees, flattening it, and finishing the joke. An amusing practical joke obviously thought up purely by Lennie showing he does have an intelligent and a funny side. John Steinbecks Of Mice And Men expresses George and Lennies relationship brilliantly just like a marriage, not in a sexual manner but in a mutual loving relationship. This occurs throughout the novel.(then examples) Curley has a very poor attitude in that he believes beating up people that are bigger than himself would make him a hero, however if the bigger person beat him up people would call the bigger person a bully and be sympathetic towards Curley. This backfires horrendously one day when seeing that Lennie has a childs mind he tries to pick a fight on him only to find that Lennys reaction left him with a badly broken hand. Due to this event, Curley then bares a grudge on Lenny throughout the play and the death of Curleys wife fits in nicely as it gives Curley an excuse to go after Lenny. Steinbeck does this cleverly so that there is already bad blood between Lennie and Curley before the death of Curleys wife. More than anything, Curley has his wife as a trophy wife. At no point in the book does he show any sort of love or affection toward her. Steinbeck does this so when his wife is found dead he isnt bothered about mourning hes focused on getting Lennie. eorge had told him not to speak, so he didnt answer. Curley really got angry. George answered for him and he answered, An you wont let the big guy talk, is that it? He wants to be big and tall. He picks fights with anybody that is larger, in a way superior to him. He only has respect for Slim; we know this because he listened to Slim. I think you got your han caught in a machine. He knows what really happened. He didnt want to get laughed at either, so he listened and obeyed Slims instruction. But you jus tell an try to get this guy canned and well tell ever body, an then will you get the laugh. Curley agreed to this statement, otherwise he will be laughed at for starting the fight and then losing it. Even though Curleys hand was totally ruined, and Lennie got a couple of bruises and cuts nobody got in any more trouble. When his wife was killed he was really mad. Not mad for losing a loved one. He was mad at Lennie for killing her, and instead of staying with his wife, he hurried off to find Lennie and to kill him. We notice that although Curley was very protective over his wife, he didnt show any interest in her, and showed no signs of love. Nobody liked Curley, not even his wife. Curleys wife was an outcast, because she is the only female on the ranch and wore a lot of red.

Judas :: essays research papers

Ever since you told me what your YL leader said, I have been studying it. Once I got into the word, I realized that I had dealt with this topic before, when our leader was â€Å"testing† our response to â€Å"questions of contradiction.† This is what I have concluded. First of all, notice that the text does not say that Judas died as a result of hanging. All it says is that he "went and hanged himself." Luke however, in Acts, tells us that "and falling headlong, he burst open in the middle and all his entrails gushed out." This is a pretty clear indication (along with the other details given in Acts - Peter's speech, the need to pick a new apostle, etc.) that at least after Judas' fall, he was dead. So the whole concept that Matthew and Luke both recount Judas' death is highly probable, but not clear cut. Notice verse 5..."Then he...went and hanged himself." Matthew does not state death as being a result. The Greek word used is APAGCHO. Matthew 27:5 is it's only occurrence in the New Testament. In the LXX (the Greek translation of the OT used at the time of Jesus), it's only used in 2 Samuel 17:23 : â€Å"Now when Ahithophel saw that his advice was not followed, he saddled a donkey, and arose and went home to his hou se, to his city. Then he put his household in order, and hanged himself, and died; and he was buried in his father's tomb.† Notice that not only is it stated that Ahithophel "hanged himself" [APAGCHO], but it explicitly adds, "and died". Here we have no doubt of the result. In Matthew, we are not explicitly told Judas died. Also, there is nothing in the Greek to suggest success or failure. It simply means 'hang oneself'". So, my line of reasoning to dispel the contradiction myth is that the "two" accounts of Judas' death is this...Matthew doesn't necessarily explain how Judas died; he does say Judas "hanged himself", but he didn't specifically say Judas died in the hanging incident. However, Acts seems to show us his graphic demise. Therefore, there is no contradiction between Matthew and Acts, more specifically the death of Judas. So what happened to Judas? Well my opinion is that only God knows, but this is what I personally believe (there are many other theories of how Judas died, but it is such an unimportant topic when placed to the gospel as a whole, but know that the Bible is ERROR-FREE and any conclusion must be biblically based).

Study on the Financial Management for Small Business

Financial Management for the Small Business B. The â€Å"Thirteen Steps† to acquiring a business B. Beginning the search-who can help? 2. Choosing the method that is best for your situation 3. Some different methods of valuing a business VI. The rewards of working for yourself The decision to purchase a business of your own is not an easy task. There are many things to consider before the final decision is made. First of all, exactly what do you want to accomplish? To make millions of dollars, right? Or is it to have the freedom of being your own boss? Whatever the reason, you must be sure that it is something that you are ready to devote an exorbitant amount of time and energy into and that it is something that you really want. Otherwise, you might be stuck doing something that you hate. If you are ready to commit then you must ask yourself just how far will that commitment extend. How much of your own time, energy, and money are you willing to sacrifice? After the decision is made, the acquisition of a small business can be summed-up into nine steps, in which most will be elaborated upon later. â€Å"These are the nine steps to any business acquisition, regardless of its size or industry: 1. The search, locating a business available for sale. 2. Identifying alternative candidates. 9. Managing the transition period.† (Tuller, 10) Some considerations that cannot be avoided when purchasing a small business include: the question of needing a partner, the current economic factors, considering alternate locations, and developing a tax strategy. When debating whether or not a partner is needed or wanted, you need to know if you're going to need additional equity as well as sharing the risk of failure. For these reasons, a partnership seems to be a great idea, but there are also many cons that should be recognized. Having too many partners can alter the ease of decision-making, shared liability can cause obvious problems, and sharing profits means less for you. Added to this, getting out of a partnership can be very difficult. Evaluating the current economic factors simply means to know what you are getting into. Be sure to have some knowledge about the business itself and it's market. Know how to make and sell the product efficiently and in a service industry, be sure to know the current and correct way things are done-sometimes they are not one in the same. Location is key. â€Å"Location of the target can be a major determinate in both the financing of the deal and probable success in managing the business after closing†¦There's no sense spending time, effort, and money on a target located in the wrong place.† (Tuller, 12) Along with this, the personal strife of having to travel a great distance to get to work can be very frustrating. So, be sure that the location of your potential business is profitable in every way. One the greatest minds of the 20th century, Albert Einstein, once said, â€Å"tax is the most difficult thing in the world to understand†. Unfortunately, with the ever-changing laws, that problem gets worse every year. This means that you should have knowledge of the current tax laws. â€Å"‘You will have a unique opportunity to make decisions on exactly how much money will change hands, and how I will allocated on the payment schedule.†(Smorgenburg, 112) Maximizing profit for both you and the seller can only be done through proper knowledge of tax law, if you are not comfortable handling this alone, a consultant might not bad a bad idea. After all of the above is settled, the next thing to figure is the amount of initial income is required. Not only the income required to purchase the entity (which will be elaborated upon later), but also the amount of money that you need to survive for the years to come. â€Å"If you need $100,000, then don't look at smaller companies which can only yield $30,000.† (Tuller, 23) â€Å"The following 13 steps will help to locate a target and close the deal in the shortest possible time-and when buying a company, time is money. 2. Prepare a reasonable Acquisition Plan. 3. Review current tax laws for structuring the deal. 4. Develop a detailed plan for sourcing potential targets. 5. Perform a preliminary due diligence investigation. 6. Negotiate a price and terms based on a realistic valuation. 7. Perform a thorough due diligence investigation. 8. Prepare a complete business plan. 9. Develop sources for at least three alternative financing structures. 10. Arrange for the final updated due diligence investigation. 11. Write the Buy/Sell Agreement and negotiate the final contract language. 12. Plan how you will operate the company after closing. Yet another crucial instrument in the purchase of any business is the Acquisition Plan. This document lists every step and detail leading to the closing of the deal. Starting with the industry survey, it lists the start date, the finish date, and the cost of each of these processes. Following the survey is the target search, then on to the due diligence investigations. The importance of this plan revolves around the organization of a solid purchase. With this, you are able to enact the purchase at the right moment for you, this time being a buyer's market. If you need to wait out the bear market, you can do it much easier with everything laid out in front of you. Hence, the Acquisition Plan does the job. All of the above steps and considerations are a waste if you are unable to find a business for sale. The difficulty of finding the type of business that you will purchase is put to ease through an M & A consultant, accountant, or simply browsing the Wall Street Journal. A smaller gas station or party store-type business can usually be found in the local paper. On the other hand, if you are looking for a larger company, an M & A consultant may be pricey (2-15,000 dollars for a retainer), but this is probably the best way to go. Be sure to ask the consultant many questions regarding his or her creditability. For instance, get a list of references and ask about the number of deals he closed in the past 12 months. Negotiating a purchase price involves a thorough valuation of the projected purchase. Evaluation of a business is essential because you need to know what you are paying for and how much you should pay. † If you are a buyer, your valuation will also be helpful to you when you meet with lenders, so that you can help justify the mount you are asking to borrow. For this purpose alone, however, a valuation is not generally worth the effort.† (Horn, 20) There are many different methods that you can use to properly determine the value of the entity. The most common methods are as follows: the Ability-To-Pay Method, this method is used in almost all buy/sell cases. It makes clear whether the acquisition can pay for itself out of its own cash flow. The Discounted Cash Flow Method is most often used when the company is going to be purchased as an investment and held for a limited number of years. It is also used in high-risk situations, such as highly leveraged deals that have more of a proportion of debt than usual. The third method is the Excess Earnings Method, used to value any profitable company. The Excess Earnings method â€Å"assumes that a business is worth the market value of its tangible assets, plus a premium for ‘goodwill' if the earnings are high enough.†(Horn, 51) Another area that must be calculated is goodwill. â€Å"Goodwill is not an operating cost and cannot be depreciated. It does not provide you with tax relief†¦Ã¢â‚¬ (Smorenburg, 114) Since there is no record of the worth of goodwill, it can be fairly difficult to determine an accurate buying price. Usually the seller will set the price based on their knowledge of the company. The set price, however, should be reasonable. Negotiations can be made to produce an agreeable price. The next step is to set a purchase price. â€Å"There is no right or wrong way to value a business. Each company has different characteristics†¦ Obviously, the seller will argue that the net asset value method is right because that's what he invested in the business.†(Tuller, 103) You should consider all factors in the P/E/ ratios, liquidation value, net asset value, and historic and projected cash flow. After analyzing these aspects of the business, you should be able to determine a fair price for the entity. â€Å"The letter of intent is a document that aims to formalize the terms around which a later negotiation will revolve. As such, the letter is primarily a tentative offer that remains subject to further negotiations and confirmation of material facts through a process of due diligence†¦By offering a letter of intent, you tangibly solidify your resolve and thereby make the seller understand that you are a serious buyer.†(Smorenburg, 126) The letter of intent covers the precise terms of the deal, the payment details, and management and other issues involving the transfer. You need to give your accountant and lawyer a draft of the letter for review. This way, you are protected from any loopholes that can harm you. It proves that you are a serious buyer and entices the seller to more openly discuss sensitive aspects of the business. The letter is a written contract that can be legally cancelled at any time without the consent of the other party, so be sure that you and the seller are in agreement. Once everything is settled and you and the seller are in agreement to the term of the letter of intent, the next task you face is finding the initial capital. Using other people's money to finance a purchase is a key ingredient if business success. Financing falls into two separate categories: debt and equity. Debt financing is the most elementary of the two. It is basically taking a loan from a lender and paying it back with interest. It is reliant on the business or individual's ability to pay the loan off. Usually, collateral will be made available to the source of the loan in the case that you cannot continue to make payments. A good credit history and reputation is another aspect that financing is reliant upon. With these, a loan is much easier to get. â€Å"Equity financing means obtaining funds in exchange for selling or giving up a part of interest in the business. Equity financing is not a loan; rather, it is the sale of a part of you business.†(Fallek, 82) The popularity of equity financing has increased in the high tech industries in the past few years. However, selling a part of your newly purchased business may not be your cup of tea, so choose your type of financing wisely. Some traditional sources of capital include yourself, family and friends, commercial banks, loan companies, insurance companies, credit unions and private investors. The old saying, â€Å"don't mix business with pleasure† is applicable when dealing with family and friends. Taking a loan from these sources can cause turmoil if the loan cannot be paid back. Banks are the standard for business lending. â€Å"The amount they charge is based on two factors: the size and history of the customer and the risk the bank will take in providing the loan.†(Fallek, 85) If you are able to decrease the bank's risk and have a standing credit line, you will get the most out of your loan. The other types of traditional lenders are less frequently used, but are also good sources of capital. â€Å"Nontraditional money sources are unlimited in number and type, but you need to be creative to acquire the necessary funds from them.†(Fallek, 89) These sources include customers, suppliers, leasing companies, local development companies, and advertising for money. Customers or potential customers are often great sources of funding, as well as suppliers. Suppliers will furnish you with the necessary equipment and product. Leasing companies and local development companies are also good nontraditional sources of capital. â€Å"You can actively seek funding by running a display advertisement in the business section under the appropriate heading in the classified ads of your local newspaper. Specify the amount of money needed and the type of business for which it will be used.†(Fallek, 91) Yet another source for funding might be through the Small Business Administration. They offer different types of loan programs to small businesses. The SBA Guaranteed Loan Program grants a loan on the basis that the individual needs more time than allotted by other lenders to pay back the loan, has insufficient credit, or lack business experience. â€Å"There are no restrictions as to the number of SBA loans a company or individual may have, as long as the SBA's exposure does not exceed $750,000.†(Fallek, 96) The final step in acquisition of a business is the closing. You will need a lawyer if you don't currently have one. The search for the right lawyer requires certain questions to be answered. For instance, you want to find out the lawyer's hourly rates, experience, availability, if there is any conflict of interest between the lawyer and the seller, and any other applicable questions. The best way to find a lawyer is word of mouth, ask friends and family for references. When a lawyer is located, you must then begin the audit review. â€Å"Even thought most buyers work with their local CPA in preparing the business plan and counsel with him on tax matters relative to the acquisition, the audit review should be preformed by an independent CPA firm in the same city as the target company; preferably on of the ‘Big-5' firms†¦ The audit review consists of a comprehensive look at business since the last audit with particular emphasis on determining the adequacy of internal controls and internal reports.†(Tuller, 192) Be sure to take this step, it examines all aspects of the business and insures that it is a safe investment. After this is complete, it's time to close the deal. The documents generally needed for proper closure are: a buy/sell agreement, an earn out agreement, a promissory note terms and conditions agreement, title search and title insurance, lease agreements, employment contracts, personal guarantees, and an equity agreement with the lender. These documents are dealt with and an announcement should be made to the employees, customers, and vendors of the change in ownership. â€Å"There is a mood of anticipation, of excitement, and even-if the truth be know-of fear. Of all the events which take place in the business world, nothing can match an acquisition closing for pure excitement and thrill.†Ã¢â‚¬Ëœ(Tuller, 203) the actual signing of the transfer documents will not usually take more than an hour. The key is not to worry about what you are signing, that's what your lawyer is for. After all the money spent, the time devoted and the effort put forth, the business is finally yours. Running your own business can be very rewarding. You don't have anyone to answer to besides the government. You are in complete control. Along with this the ability to write off certain expenses is enough of a reward in itself. The effort you put forth is completely up to you. The life and death of the business is in your hands.

Diversity and Difference in Early Childhood Essay

TOPIC: Diversity and Difference in Early Childhood Education Personal interest: My first awareness of racial identity and diversity occurred when I was in Year 3. Having being raised acknowledging acceptance of people of racial or cultural difference my thoughts of children of colour were positive and impartial. However, one day a boy in my class of Sri Lankan descent got into trouble with another student, but only the Sri Lankan boy was asked to go to the principal’s office. During our lunch break he came over to a group of us and told us that he thought he was the one that got into trouble ‘because he was ‘black’’. I remember thinking to myself, ‘why would he get into trouble just because he was black?’ It was in fact that both boys†¦show more content†¦One of the most stimulating aspects of early education is observing and supporting young children as they develop their individual identities. This development takes place within different social contexts where issues relating to human diversity and differe nce impact significantly on children’s understandings and ways of being in the world. Arguably, our education begins when we are first able to detect causes and consequences, and continue to form the basis of our identity, behaviours and knowledge of the world around us. Glover (1991) in the early 1990s found that as 2-3 year old children became aware of difference they simultaneously develop positive and negative feelings about the differences they observe. For example, racial awareness impacts on their perceptions of skin colour and on their preferences in the social relationships they initiate and foster with other children. An Australian study conducted by Palmer (1990) exemplifies how preschool children were able to make negative judgements based on racial characteristics of young Aboriginal children. 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