Coastal Managment

A coastal environment (Small/Regional Scale) the processes affecting this coast, Its landforms and Its management Key Questions from the GEESE syllabus: Key Questions from the GEESE syllabus: Why do coastal processes need to be managed? How are coastlines managed? Why does coastal management create controversy? The Forth-Hymnals coastline Is an area currently undergoing a major change In the way It Is managed. Your task is to find out: 1. A description of the location of this stretch of coastline 2. What coastal features are found along this stretch of coastline 3.What management strategies are being developed 4. Why they are being developed 5. Collect a set of specific facts about the management strategies 6. Who will benefit from the new strategies 7. Who will be disadvantaged by the new strategies Your research must have all of this information, as the exam board may ask a case study question on any of the above aspects of this case study. You will be writing a timed Case Study an swer following this work, which will only use part of your research information: For a named area of coastline, describe the management strategies being used and explain how different groups of people will be affected.Your work will be assessed using the case study Mark scheme My Hymnals Coastal management Case Study 1) A description of the location of this stretch of coastline Site Location – The site location on the beach on the seaward side of lower forth village Hymnals is located In Wales 8 miles (1 3 km) north of Abernathy and It Is 1. 5 miles north of forth. The Hymnals coast line stretches over 2 miles and Is located In the county of Correction . Hymnals is situated right next to a number of small towns and is unconnected to the main road the AAA. ) What coastal features are found along this stretch of coastline To the north of this coast lies a large estuary with a embryonic split occurring towards the mouth of the estuary. A spit is formed from alongshore drift movi ng material along the beaches and the material is deposited and overtime the spit forms a right angle shape 4. Waves cannot get past a spit, which creates a extends about km from the southern side of the defy estuary. The main line of the spit is formed by gravels that are exposed at high water level along the southern part f the spit. 3) What management strategies are being developed?Work began early autumn 2010. The aim of Correction council is to protect the beaches from erosion and flooding and the surrounding communities. On cardigan bay there are around 1500 homes and about 7000 to protect from the natural elements of living near to and visiting the coast. Forth village has developed on a mobile shingle beach with many properties built on the beach, this means it is more vulnerable to flooding. Wooden Grosses Grosses protect against alongshore drift and backwash which means the beach will be fee from erosion and the beach material being washed downer by alongshore drift.In the ass's Correction county council built some wooden grosses and breastwork defenses however they have recently been deemed as coming to the end of their life and there then was a further need for protection of the km frontage. Rock Grosses Constructed near the Craig y Delay cliffs to the south of forth. Grosses do not add extra material to a beach, but merely retain some of the existing sediment on the updraft side of the grosses At the southern end Another strategy to protect against erosion from the waves the council built a series of onshore rock breakwater grosses. The grosses are mm long each Greene is followed by a breakwater.The rock grosses are made of rock obviously and commonly are basalt. â€Å"Two rock grosses and two rock breakwaters will be placed at intervals along the beach, and these will retain the shingle, in much the same way as the timber grosses do now. † – Correction council The present coastal defenses were designed in the sass, and the timber gr osses and breastworks directly fronting the village were constructed in stages urine the early sass's, with the grosses reducing the alongshore drift of sediment, and the breastwork providing a back stop to protect the shingle bank on which so much of Forth has been founded.The Multi-Purpose Reef The multi-purpose reef is located mm offshore which will be unobstructed and only to be seen when the shore is out. The idea is that the waves brake over the reef which will reduce the energy in the waves so they arrive at the beach with less force therefore reducing the amount of erosion and to encourage the development of a broader beach inshore. The reef has been created to protect the shingle beach from erosion however it has created a better surfing facility and so encouraging surfers to the area.Beach Nourishment â€Å"Sand and shingle will be placed on the beach to increase its width. This will provide Forth Village with more protection from incoming waves, as waves will be breaking further offshore and they will therefore have a wider beach over which their energy is released. † – Correction council Beach nourishment took place along all of the lower forth village frontage. The shingle was imported and placed along the village frontage to create a stable beach.Along the village frontage , the aim was to create and sustain a shingle beer with a minimum crest width of mm. Multipurpose reef – The reasons behind the construction of the multipurpose reef is to encourage the waves to brake on the reef and so losing their energy out offshore so when they reach the beach they have little energy therefore minimizing the chance of erosion by hydrophilic action.Another benefit of the reef is that it provides a very good surfing facility as it acts to focus and shape the waves to improve curability. The final aim of the reef was to encourage a wider beach inshore which is nether coast protection component. Beach Rock Grosses and Rock Breakwaters They placed to rock Grosses and two break waters in intervals along the beach which will stop long shore drift and protect the shingle beach the same as the timber ones but obviously much more durable.Beach Nourishment Sand and shingles will be bought by Correction council and deposited on the beach to extend its width. This therefore will increase the protection of Forth village from the incoming waves as they will be breaking further offshore and also have more beach for the waves to break their energy down on. 5. Collect a set of specific facts about the management strategies See within questions three and four 6.Who will benefit from the new strategies There are many people who will benefit for example The Locals It has become evident throughout my research that there is a main concern concerning this locals and the protection of their homes and businesses. All the protection elements of the scheme aim to protect against the erosion of the beaches which would eventually get further i nland and destroy their homes. Tourists The beach nourishment means that there is a wider beach therefore making it deter for tourists as there will be more room for more people and the beach will be more appealing to them.Also the construction of the multi purpose reef means there is a better surf facility for surfer visiting the forth coastline. Entrepreneurs of Forth and Hymnals Inevitably the Attraction of tourists to the beaches will benefit the local shop owners and restaurant owners and also holiday makers as there will be more people interested in visiting forth and hymnals because of the better coast conditions and so therefore more people to spend money in the local businesses

Directing the movie called Essay

My name is Ahsan Mojumder . I am directing the movie called â€Å"Romeo Juliet†. My movie is basically written based on William Shakespeare’s mind blowing Romeo and Juliet. As a modern director I think Shakespeare’s Romeo and Juliet is old fashioned. The language, communication system, characters everything has changed according to new era, as a director I am thinking why should the story line up remain the same. We can use the themes from Romeo and Juliet. Under these circumstances decided to make it contemporary upgraded version of Romeo and Juliet brief description of my upgraded story of immortal love is given below: Characters Romeo: 19 years old Vincent: Romeo’s father Mrs. Vincent: Romeo’s mother Juliet: 18 years old Bill: Juliet’s father Mrs. Bill: Juliet’s mother Morcutio: Juliet’s brother and Romeo’s best friend. Britney: Juliet’s friend Charle: Britney’s Father Mrs. Charle: Britney’s mother The story is about a couple of lover, who wanted to get together but the social status was not letting it happen. Vincent is rich merchant. He has massive business. Andrew is his one and only son. Andrew is a university student. He is studying in Computing and business. Morcutio is his best friend in university. Morcutio’s dad Bill is a clerk in an office. Mr. Vincent loves his son and daughter like every dad in this world. But his son and daughter are far away for him because he is always busy in his Business. That’s why he can’t give them enough time. Romeo loves Juliet . Who is his best friend Morcutios’s sister. That’s how they know each other. Both of the families don’t know anything about the relationship between them. But Juliet’s mother starts to understand it nowadays. As days passing by love is becoming more and more dense. They are having a good time. But suddenly something start to happen in their life. Romeo’s mum and dad arranged their son’s marriage with their friend Charle’s daughter named Britney. Romeo and Juliet become resourceless. They can’t think about what to do. Should they run away from the society or they should sucide? They decided to ask Morcutio’s to help them. Morcutio talked with his parents but they said if Romeo’s family agree they haven’t got any problem about this relationship. Now it’s Romeo’s turn to ask his parents. But he hasn’t got enough influence to talk to them. For Juliet sake he decided to tell them the truth. Romeo’s parents said no way because of her dad. Juliet talked with Britney to give them few more times. Britney said she would try her best. Britney did know that they love each other but she can’t help it. Because this is her parent and Romeo’s parents wish. If they said something they said†¦. which can’t be changed. That’s why Britney doesn’t want to talk to them. Juliet’s family is keep saying about the social difference economically. Andrew and Juliet are sitting together on Juliet’s home balcony. They are thinking how to stop this marriage and how to get together. They have decided they will leave this unscrupulous unverified society. They made a plan and went away from them. Their parents informed the police. But police says that they can’t do anything in this case. Because they are young enough to make their own decisions. They gave the same statement to Police. They got married and lived happily ever after†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ From the story I am going to direct the balcony scene where they decided to split up from their families. Each of the character has developed in my story rather than Shakespeare’s Romeo and Juliet. Settings: Location: A simple balcony. Shouldn’t be luxurious to make a difference between Romeo’s home balcony. Than the audience can feel the social difference between two communities. Dress up: contemporary dresses and suits. Background music: Romantic. They both are sitting on chair and facing each other. They are discussing what to do. The script has been attached below- Romeo: â€Å"I decide we are going to go far away from here. We will go somewhere else where nobody will try to split us. We will start a new life together. Do you agree with me love? † Juliet: â€Å"Whatever you say my Romeo. I gave you my heart, my soul, my mind and now you are asking for my opinion! I agree with you my Romeo. † Romeo: â€Å"You have saved me. If you would say no, I would suicide my love. † Juliet: â€Å"Never ever say that what you have just said. You can’t die without me. If you have to tell me I would like to die with you. † Romeo: (Holding her hands as they dance): â€Å"I love holding your hands; may I kiss it? † Juliet: (amused, cautious): â€Å"You are being a little too bold in wanting to kiss me. If you are really a pilgrim, you should greet me only with your hand, as ‘palmers’ do. † Romeo: â€Å"Hey, even holy pilgrim are human, they have got lips. Please let me kiss you. Stand still while I kiss you. † (He kisses her lips) Juliet: (Thrilled and amused at the same time): â€Å"you don’t really need all this artificial argumentation to justify kissing me, you know. Let’s get serious. † As I said my story is a contemporary and upgraded version of William Shakespeare’s â€Å"Romeo and Juliet† I used regular pattern of English as script. William Shakespeare â€Å"Romeo and Juliet was written in 1595. Actually Romeo and Juliet was written as a play . The story is of course about a pair of star crossed lovers. Two teenagers pursue their love for each other despite the fact that their families have been at odds with each other for decades. In Verona (Italy) in the late 1500’s two powerful families the Montague and the Capulet have been feuding with each other for years. But two people from two different communities get together and falled in love. When they realised they are resource less about their love and life they choose a different way to get together. But for a bit misunderstanding they lead their life to death. The script used for Shakespeare’s Romeo and Juliet was basically in a special kind of poetic device called â€Å"Sonnet†. Which was also invented by great William Shakespeare. The main characteristics of this poetic device are- 1. 16 lines 2. Fixed rhymes pattern Italian cities were infamous for their long lasting deadly feuds between prominent families. Think the play was written as a part of his contribution with others to say â€Å"no† against such conflicts. The greatest theme in Romeo and Juliet is Love. As I said it’s a contemporary version of Romeo and Juliet so I tried my best to keep the vital theme of the play. But in this modern society everything has been changing rather than Shakespeare’s era. Such a fact like communication system could change the theme in Romeo and Juliet. I think if Internet would available on that time they might alive until they meet each other. So I have to change the theme slightly as a modern director of Romeo and Juliet. And I also have changed the characters line up in order to give you something different. I haven’t involved any violence in my story because nowadays violence is not a rear, so people don’t want to see any violence between love and lovers. I mentioned earlier about use of language in Shakespeare’s Romeo and Juliet. As you have seen my script, which is written in regular pattern of English, so people can understand it easily and also the people of other countries can enjoy the movie. Ahsan Mojumder English Assignment #4 Name: Ahsan Mojumder Lecturer: Diana May.

Inventory and Nestle

About Nestle Nestle is a multinational packaged foods company founded and headquartered in Vevey Switzerland. it is the world`s foremost Nutrition. Health & Wellness Company committed serving consumers all over the world. Their focus on responsible nutrition and promoting heaLth and wellness is a core value, emphasizing responsibility and sustainability. Nestle products are sold in almost every country in the world. MISSION STATEMENT Nestle is dedicated to providing the best foods to people throughout their day. Throughout their lives, throughout the world.With our unique experience of anticipating consumers’ needs and creating solutions. Nestle contributes to your well-being and enhances your quality of life. † COST ACCOUBTING INFORMATION SYSTEM OF NESTLE INPUT MEASUREMENT BASIS STANDARD COSTING Nestle is using STANDARD COSTING as a base for input measurement Standard costs are usually associated with a company’s costs of direct material, direct labor, and manufa cturing overhead. Rather than assigning the actual costs of direct material, direct labor, and manufacturing overhead to a product, nestle’ like many manufacturers assigns the expected or standard cost.This means that its inventories and cost of goods sold will began with amounts reflecting the standard costs, nor the actual costs, of a product Nestle’, of course still has to pay the actual costs. As a result there almost always differences between the actual costs and the standard costs, and those differences are known as variances, REASON FOR USING STANDARD COSTING Nestle is currently using Standard costing method because the related variances are valuable management tool. If a variance arises, management becomes aware that manufacturing costs have differed from the standard (planned. xpected) costs. †¢ If actual costs are greater than standard costs the variance is unfavorable. An unfavorable variance tells nestle’ management that if everything else stay s constant the company`s actual profit will be less than planned. †¢ If actual costs are less than standard costs the variance is favorable. A favorable variance tells management that if everything else stays constant the actual profit will likely exceed the planned profit. The sooner that the accounting system reports a variance, the sooner that Nestle management can direct its attention to the difference from the planned accounts.DIRECT MATERIALS USAGE VARIANCE Under a standard costing system. Production and inventories are reported at the standard cost—including the standard quantity of direct materials that should have been used to make the products. If the manufacturer actually uses more direct materials than the standard quantity of materials for the products actually manufactured, the company will have an unfavorable direct materials usage variance, If the quantity of direct materials actually used is less than the standard quantity for the products produced, the company will have a favorable usage variance.The amount of a favorable and unfavorable variance is recorded in a General ledger account Direct Materials Usage Variance. (Alternative account titles include Direct Materials Quantity Variance or Direct Materials Efficiency Variance. ) Lets demonstrate this variance with the following information. Direct Labor: Standard Cost. Rate Variance, Efficiency Variance Direct labor refers to the work done by those employees who aciually make the product on the production line. (â€Å"Indirect labor† is work done by employees who work in the production area. but do not work on the production line.Examples include employees who set up & maintain the equipment. ) Unlike direct materials (which are obtained prior o being used) direct Labor is obtained and used at the same time, This means that for any given good output, we can compute the direct labor rate variance. The direct labor efficiency variance, and the standard direct labor cost at t he same time. Variable Mfg Overhead: Standard Cost, Spending Variance, Efficiency Variance Manufacturing overhead costs† refer to any costs within a manufacturing facility other than direct material and direct labor.Manufacturing overhead includes such things as indirect labor, indirect materials (such as manufacturing supplies), utilities, quality control, material handling, and depreciation on the manufacturing equipment and facilities. â€Å"Variable† manufacturing overhead costs will increase in total as output increases. Fixed Mfg Overhead: Standard Cost, Budget Variance, Volume Variance â€Å"Fixed† manufacturing overhead costs remain the same in total even though the volume of production may increase by a modest amount. RELATIONSHIP BETWEEN VARIANCESIf the direct labor is not efficient at producing the good output, there will be an unfavorable labor efficiency variance. That inefficiency will likely cause additional variable manufacturing overhead—r esulting in an unfavorable variable manufacturing overhead efficiency variance. If these inefficiencies are significant, it is possible that the company may not be able to produce enough good output to absorb the planned fixed manufacturing overhead—resulting in an unfavorable fixed manufacturing overhead volume variance. TREATMENT OF VARIANCESThe treatment of variances follows these guidelines: If the variance amount is very small (insignificant relative to the company’s net Income), simply put the entire amount on the income statement. If the variance amount is unfavorable, increase the cost of goods sold—thereby reducing net income. If the variance amount is favorable, decrease the cost of goods sold—thereby increasing net income. If the variance is unfavorable, significant in amount, and results from mistakes or inefficiencies, the variance amount can never be added to any inventory or asset account.These unfavorable variance amounts go directly to th e income statement and reduce the company`s net income. If the variance is unfavorable significant in amount and results from standard costs not being realistic, allocate the variance to the company’s inventory accounts and cost of goods sold. The allocation should follow the standard costs of the inputs from which the variances arose. If the variance amount is favorable and significant in amount, allocate the variance to the company`s inventories and its cost of goods sold. INVENTORY VALUATION METHOD ACTIVITY BASED COSTINGActivity based costing (ABC) assigns manufacturing overhead costs to products in a more logical manner than the traditional approach of simply allocating costs on the basis of machine hours. Activity based costing first assigns costs to the activities that are the real cause of the overhead. It then assigns the cost of those activities only to the products that are actually demanding the activities. IMPLEMENTATION OF ABC IN NESTLE Nestle company is using ac tivity based costing method for inventory valuation. Firstly they identify all activities that use resources.Cost pools are set up for each of the activities identified. They assign overhead costs to the cost pools based on a cost driver. Cost pools are used to assign costs. Costs are assigned to its, batches, or products. REASON FOR USING ACTIVITY BASED COSTING Nestle is currently using ABC techniques because it helps it in determining accurate product cost. Complex companies Like Nestle may see the most benefit from this type of costing because it is most helpful when the costing information is difficult to understand or evaluate.ABC provides information to Nestle regarding processes that should be improved and the products or services that are contributing the most to company’s profitability, ABC system also helps Nestle in knowing what are the factors that contribute most to cost, which in turn assists management in choosing best alternative in reducing overall costs incu rred by the Nestle Company. ABC system can be the best tool to be utilized in implementing environmental accounting at the firm level. COST ACCUMULATION METHODNestle is using process costing method. It is a costing system in which the cost of a product or service is obtained by assigning costs to masses of lake or similar units and then computing unit costs on an average basis. Process costing averages the costs over all units to come to the per unit cost. In Nestle. Direct material and direct labor costs are tracked by department, and are assigned evenly to the products that pass through each department. Overhead costs are applied to each department and are assigned evenly to each product.Multiple WIP accounts are used one for every process. As products are moved from one process to another, the costs of the previous process are transferred to the next process. Five steps are involved in Nestles process costing method firstly it summarizes the flow of physical units of output. Seco ndly, computes output in terms of equivalent units, Thirdly, computes equivalent unit costs. Fourthly, summarizes total costs to account for. And at the end, they assign total costs to units completed and to units in ending work in process inventory.REASON FOR USING PROCESS COSTING Process-costing used in Nestle because it broadens the economics of quality by classifying cost of non-conformance and cost of conformance i. e. â€Å"costs incurred when a process is running without failure. It also allows Nestle tracking and reduction of costs normally associated with efficiency in addition to effectiveness (quality)†. COST FLOW ASSUMPTION FIFO In Cost flows assumption. Nestle is using FIFO method. FWO is an acronym for First In, First Out.A method of valuating the cost of goods sold that uses the cost of the oldest items in inventory first What comes in first is handled first what comes in next waits until the first is finished. Etc. REASON FOR USING FIFO Nestle is using FIFO as cost flow assumption for its products. Because most of its products are perishable and they have short expiry date. Nestle also believe in tax minimization. For taxation purposes, FIFO assumes that the assets that ate renaming in inventory are matched to the assets that are most recently purchased or produced.Because of this assumption, there are number of tax minimization strategies associated with using the FIfo asset-management and valuation method. Due to this reason, Nestle is using FIFO method as a cost flow. FWO gives Nestle a better indication of the value of ending the inventory on the balance sheet. One of the reasons for using FIFO method by Nestle is the increasing rate of inflation. Because of this, Nestle uses FIFO inventory accounting in order to make their balance sheet look better. RECORDING INTERVAL CAPABILITYInventory records can be maintained on a perpetual or a periodic basis In the past manufacturers tended to keep perpetual inventories, while retailers used t he periodic method. However, today a variety of point of sale devices and dedicated microcomputer software are readily available to provide any company with perpetual inventory capability. NESTLE’S METHOD Nestle is Currently using perpetual method for maintaining the inventory records because this method provides the company with real time and true inventory information.To record purchases, the periodic system debits the Purchases account while the perpetual system debits the Merchandise Inventory account. To record sales, the perpetual system requires an extra entry to debit the Cost of goods sold and credit Merchandise Inventory. By recording the cost of goods sold (or each sale, the perpetual inventory system lessens the need for adjusting entries and calculation of the goods sold at the end of a financial period, both of which the periodic inventory system requires.The reasons for which Nestle is using perpetual method rather than periodic inventory method is that †¢ By using perpetual method Nestle can determine their COGS and profit or loss after every sale unlike periodic, in which you get profit or loss at the end of the period. †¢ Nestle has preferred perpetual system because it is a realistic double entry system while periodic is arbitrary. †¢ The company can watch the inventory more closely using this method because whenever there is an increment and decrement inventory, some other account like profit loss must be debited or credited. And in the perpetual system stock loss gain is immediately noticed and not at the end of year when the physical count of the inventory is taken The advantages that Nestle has got due to the use of the perpetual inventory system, is a high degree of control, it aids in the management of proper inventory levels, and physical inventories can be easily compared. Whenever a shortage (Le. a missing or stolen good) is discovered, the Inventory Shortages account should be debited.

Hospitality Law Essay Example | Topics and Well Written Essays - 250 words - 1

Hospitality Law - Essay Example The law is found under the section of Federal social Security, Unemployment Insurance, and Workers Compensation (FUTA) (Boella and Alan 34-49). The FUTA has a subsection where, Meals and Lodging benefits are extended to the workers. It is under particular state laws, for example, in New York (Boella and Alan 54-56). All 50 states enacted workers’ compensation law, which outlines statutory framework for every employer to compensate workers for injuries at work. It insures the employees against occupational risks and hazards. In case of an incident (injuries or sickness), the medical care and benefits are catered for by the employer, while if death ensues, payments are given to the spouse and dependents as the law defines. The compensation act outlines that in the event of negligence, the worker has the right to sue his or her employer according to the common law. Therefore, the occupier has to obtain insurance from private companies or state agencies that cover claims of work-related injuries. In New York, an occupier is not allowed to charge any cost of insurance compensation to the employee. Workers must be advised about their right and the procedure of filing a claim by use of accessible and strategically placed posters. The posters postulate that the premise complies with the Workers’ Compensation Law (Form C-105 in New York). In case of noncompliance, the employer is fined $100 after every 10 days for assessment and may be prosecuted for a misdemeanor in a criminal court (Boella and Alan 71-78). The compensation depends on defined amounts or formulas that in turn depend on four classifications of disabilities that result from injuries. The disability classes include temporary total, permanent total, temporary partial, and permanent partial disabilities. The act also provides for â€Å"scheduled injuries† (amputations of limbs or eyesight loss). The payments that the workers

Being Apple Steve Jobs Essay Example | Topics and Well Written Essays - 1250 words

Being Apple Steve Jobs - Essay Example Though Jobs did not express command-and-control leadership style, though he is known to have been quite abrasive, he does take accountability for Apple’s success by modelling his behaviours against very high standards and then visibly trying to live up to them. Charismatic attitude and inspiration for the rest of the organisational culture is where Jobs maintains transformational leadership style. This style is about building a harmonious, dedicated organisation through ethical behaviours and social charisma. By establishing Apple’s vision to be revolutionary and innovative, he uses his personality as a means to gain support and dedication to achieving greatness for the company. His rock star-modelled speeches at Apple conventions is another aspect of his transformational leadership style that defies the norms of business and puts the company as a leader in change management. Jobs’ leadership style can be analysed using many different leadership templates, such a s change management, innovation management, and many other qualitative tools associated with management theory. Jobs is a people-centred individual when it comes to their autonomous roles at Apple, thus empowering individuals through transformational interactions. Jobs also utilises the public relations word-of-mouth about Apple values, vision and principles as a means to measure his leadership style as a benchmark against other companies that follow these same leadership standards. His transformational leadership style is evident in nearly all of his values and beliefs and how he goes about representing them in all of his interactions with subordinate employees and peers. He even looks to the external markets for opinion and better labour to ensure that the company is equipped to handle ongoing change, another factor that drives transformational style. Jobs should be considered a benchmark for transformational style by other company leaders. Jobs and culture His style can be compar ed to other companies that have more rigid, centralized hierarchies of control where information is disseminated from the top layers without much employee feedback or innovation involvement. Steve Jobs’ leadership style transcends the normal business structure which builds a better organisational culture. Even though he provides an informal and innovative-minded environment to empower his managers and employees, he still maintains strict standards by which employees must live up to. They are either rewarded for their successes or punished (a transactional approach) if they fail to meet his performance standards. This is somewhat duplicitous, a blend of transformational and transactional leadership that is contingent on success. The freedoms he provides, such as casual dress and environments where free movement is tolerated, build more dedication and loyalty to meeting performance and innovation goals. Jobs is able to build a positive organisational culture by taking personal accountability for actions and then applying these same standards to everyone else. Jobs, himself, recognises that his standards include firing individuals who do not meet up to Apple performance obligations, however humanely. This shows that even though individuals experience these considerable

Sociology Report Essay Example | Topics and Well Written Essays - 2000 words

Sociology Report - Essay Example erm solution. The cause for separation and divorce is now not only marital discord which may be the initial spark, but it is also fuelled by many other factors in a society riven with exclusive commercialism, cut-throat competition, demanding lifestyles, insecure job situations, infidelity, declining moral standards, and so forth. The basic reason could be as frivolous as intolerance towards the way one eats an apple or snores while asleep, or serious ones such as physical abuse. Whatever the reason, there is no denying the fact that it leaves a trail of sadness, insecurity, and lifelong scars. Traditionally, divorce was considered taboo and was almost unheard of. If it did occur, it was talked about in hushed tones, equivalent to any disaster of very high portentous proportion. One would be willing to go to any length to achieve its prevention. Nowadays, divorce is considered even at the drop of a hat! It has become so fashionable! Globalization, business priorities, long separations in view of offshore employments, infidelity, same sex marriage, irreverence to time proven, healthy traditional values, disregard for moral and religious precepts, total subjugation to temporal, materialistic gains, have heavily eroded the sanctity and strength the family unit once observed and nourished as a rule. The discord between the couple is an excuse which allows these monstrous social and economic factors to hit the final nails into the coffin. The unceremonious example of the Prince of Wales and his glamorous wife, the late Princess Diana, and the prince's blended marriage with Camilla, is a mere reflection of the delusions and dilemmas prevalent in society today as a result of the stormy winds of unprecedented social and economic changes that have ascended like the tsunami, taking a heavy toll of family ties and values. The stigma of separation and divorce on the whole does not stop with the immediate couple involved, but it goes on to influence the whole society with the unhealthy trend serving as a case study or trend setter to others considering divorce instead of allowing a chance for an edifying shot at patching up. Also significant are cases of couples who live together before marriage. Evidence exist that show couples who live together before marriage do not understand the importance and usefulness of a planned marriage, and are more likely to get divorced before long. And even if married, the chances of their cheating on their spouses are considerably high, given their casual approach to the subject of marriage. Furthermore, the consequence begins to impact and influence their children at an early age. In real, the prevalence of sexually transmitted

Economics Research Paper Example | Topics and Well Written Essays - 750 words

Economics - Research Paper Example For instance, a reduction in the target federal funds rate by the Federal Open Market Committee is quite likely to lead towards a fall in the short term interest rates which are mostly charged on commercial papers and treasury bills among other financial products (Federal Reserve Bank of Richmond, 2012). The short term interests are affected not only by the current federal funds rate but also by the expected overnight changes in the rates (Board of Governors of the Federal Reserve System, 2011). The influence of federal fund rates on the interest rates has been shown in the figure below: Source: Money Cafe (2012) In addition, the changes in the federal funds rate also have certain noteworthy effects on the foreign exchange rates within an economy. For instance, if the fund rates increase in the United States, investing in dollar assets may seem to be more favourable, which in turn may result in the increase of the value of dollar in the foreign exchange market (Board of Governors of the Federal Reserve System, 2011). Furthermore, the Federal Reserve plays a vital role in setting up the monetary policies for a nation which includes the setting up of reasonable long-term interest rates as well. ... One of the major functions of the Federal Reserve is to control the money supply and credit supply in the economy in order to support the economic goals of a nation (Federal Reserve Bank of Richmond, 2012). Likewise, the increase in the federal funds rate might also cause the short term interest rates to rise. This can further lead the business houses and the customers to reduce their expenditures causing a decrease in the economic activities and leading to a fall in the employment rate (Modeste & Mustafa, 2002). A reduction in the in the interest rates of Federal Reserve is likely to result in the decrease in income and output level of the economy. The ‘contraction policies’ implemented by the Federal Reserve is mainly focused on controlling the cumulative demand in an economy. These ‘contraction policies’, have often been observed to lead towards a decrease in the aggregate supply of money within the economy. This results in an increase in the interest rat es which eventually decreases the investment level within an economy leading towards a substantial fall in the overall output level (Khawaja, 2012). The following diagram illustrates the influence of federal funds rate fluctuations on the output gap: Source: (Bivens, 2012) The federal fund rates have significant effect on inflation as well. A decrease in the federal fund rates is likely to result in an increase in the demand for goods and services. This increase in demand for commodities in turn enhances the employment opportunities for labours and requirement for raw materials for the production purpose (Board of Governors of the Federal Reserve System, 2011). This aspect can be evidently observed from

Public Policy Analysis Research Paper Example | Topics and Well Written Essays - 2750 words

Public Policy Analysis - Research Paper Example f the federal law in achieving its objectives and aims 4) inspecting the implementation of the law’s tenets in the scenario 5) conducting an evaluation of the federal law and 6) providing recommendations for improving the scope of the federal law and enhancing its effectiveness. The Sarbanes-Oxley Act of 2002 or SOX, which is also termed as the ‘Public Company Accounting Reform and Investor Protection Act’ as per the Senate and known as the ‘Corporate and Auditing and Accountability and Responsibility Act’ as per the House is a federal law which was sponsored by United States Senator Paul Sarbanes (D-MD) and United States Representative Michael G. Oxley (R-OH) (Zelizer, 2002). The historical context of the Act is associated with an increase in the incidence of high-profile accounting scandals that marred several corporations across the United States namely Enron, WorldCom and Tyco International amongst several others in the period preceding the inception of the federal law and its tenets (Act, S.O, 2002). The consequences which followed the scandals that targeted key organizations across the nation greatly affected investor’s confidence in securities markets of the country and led to the incurrence of significant loss on the investor’s part which amounted to billions of dollars (Act, S.O, 2002). According to Miller and Bredeson (2009), individuals’ financial trends are characterized by their monthly income and since most individuals within the United States are unable to save on an extensive scale because of minimal salaries or working on legal minimum wage, those who are still able to retain a certain percentage of their income on a monthly basis seek to secure their savings in a reliable source. In the given situation, investing in corporate stocks to benefit from high returns appears to be a viable option that is also secure in comparison with other alternatives (Miller and Bredeson, 2009). The attractiveness of investing in corporate stocks is

Source analysis assignment Essay Example | Topics and Well Written Essays - 250 words

Source analysis assignment - Essay Example The other issue is the creation of dehumanizing climate, which acts as a malarial swamp thus infecting everybody reading the content when it comes to the view of the Arab world, Islam and Middle East as a whole. The sources leave many questions like who went, where that person went and why that person went answered. The sources reveal the problems by pointing them out and solve them by addressing them in that people now start to look on the opposite side of the stories given by media regarding Middle East. It is obvious that the three sources in subject represent particular bias towards the Middle East as everything centers towards Middle East. The sources are useful in that they help people argue about the reasons behind the American media displaying Middle East negatively and at the same time give history for different issues. The sources have especially been useful to the Muslims and entire Middle East fraternity. The fact that they are internet history sources, they must be very reliable adding to it that the renowned authors write good pieces of history. Edward Said’s arguments are the main evidence supporting the sources. The evidence that the media provides however contradicts the sources and therefore bring about arguments just as Edward said

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Adult Learners in Higher Education and Training - Assignment Example alcolm Knowles was one of the most active adult educators who claimed that learning contracts is the best tool in achieving study goals he sets out for adult learners. Even though contract learning might be one of the most valuable tools for learning in adults it is not always the most useful. In those cases where learners do not have much knowledge about their subject, its depths and its prospects, students are not in a very sound position to make strategies and commitments about the goals they set for themselves in a contract. The main objective of contract learning for Knowles was structuring the learning process in its best and most fruitful way where the content of the educational material is replaced by the process. Students get involved in the study process and they comprehend everything with an active approach. Contract learning puts a sense of responsibility on student and they feel more in control of what they would want to learn instead of feeling ‘being stuck’ with studies. Contract learning is also effective in student groups comprising of students with different backgrounds. This tool reduces the problems due to such difference in

CPOE,Electronic Signature, 3 Risk Management Recommendations for Assignment

CPOE,Electronic Signature, 3 Risk Management Recommendations for Nurses - Assignment Example Secure information management system ensures integrity and trust with individual and others’ personal information. In this case, enhanced security measures should be initialized. For example; biometric signing in and out, immediate automatic log out when a computer is idle, and always encrypt information so as to be accessed the intended recipient only. For this scenario, the nurse should have either completely attended to the first patient before diverting her attention to the next case or she could have called in another nurse or primary care practitioner and give instructions accordingly with proper documentation of the extent she had examined the patient. Alternatively she could have procedurally handed over to the next shift of nurses before leaving the hospital. The fact that data/ information in the Case Study health institution is never handle with the expected care and given proper security is the most troubling issue. Professionally information is the key to success, meaning therefore that all that information kept in this institution forms the background of good management. Ethically, medical information of either inpatient or outpatient should always remain a secret between the doctor/nurse and patient for that matter. However, this scenario demonstrated neither ethical nor professional ways of handling such information in that on arrival at work the following day she found addition of medical records done, inappropriate web access, gained access to the narcotics, and a print out copy of the assessment left in the patient’s

Coca-Cola Marketing Plan Essay Example for Free

Coca-Cola Marketing Plan Essay A. Introduction The Coca-Cola Company is the worlds largest beverage company, operating in over 200 countries with a product line that includes over 2,800 diverse items. The companys primary responsibility is to develop concentrates, beverage bases and syrups, which are sold to bottling companies that comprise the worlds largest beverage distribution system. In addition to product development, the Coca-Cola Company is responsible for product marketing. Their mission is to refresh the world, inspire moments of optimism, and to create value and make a difference. B. External Environment Socio-Cultural Factors Coca-Cola is recognized as the worlds most valuable brand. The company has been extremely successful in global marketing, and experts indicate that this success is largely based on product variation and adaptation (Lamb, Hair McDaniels, p. 114). Since the Coca-Cola Company extends to over 200 countries (with headquarters located in Atlanta, Georgia), they have an immense need to diversify their products and create a marketing plan that meets the socio-cultural interests of all their customers (vendors) and consumers (drinkers) around the world. The Coca-Cola trademark is recognized worldwide, no matter what language is printed on the bottle. However, the Coca-Cola Company must continue to tailor their marketing plan and product development to respect each consumers unique values, beliefs and cultures. An example of the Coca-Cola Company adapting to the external socio-cultural environment is in 2007, the Coca-Cola Company received a silver award at the Iberoamerican Advertising Festival for their Levate la Mano (Raise Your Hand) commercial that was aired in Latin America (2007 Annual Report: Marketing Highlights). Coca-Cola has also created a unique formulation for Sprite sold in Japan to meet the cultural preferences (p. 114). Social factors have been carefully considered in the companys marketing plan. The Coca-Cola Company has successfully developed products to please the 21st centurys health-conscious consumer with brands like Coca-Cola Zero (their best selling brand in over 25 years), sports drinks, and bottled water. Coca-Cola must continue to adapt to the external environmental threat of the healthy lifestyle movement through product development and marketing of healthy options available in the product line. Economic Factors  The United States is currently experiencing an economic recession. This period of negative growth includes higher unemployment, inflation, and cost of living expenses while consumers are experiencing lower disposable income and purchasing power (p. 641). The Coca-Cola Company contracts with numerous bottling companies around the world to create and distribute their beverages. The weakened economy could have a negative impact on any of the bottling companies, which would threaten the stability of the Coca-Cola Company due to the dependent relationship. The Coca-Cola Company must be profitable in order to sustain their investment in communities around the world. Furthermore, small communities depend on large businesses like the Coca-Cola Company to strengthen their own economy and help create social and environmental programs. The Coca-Cola Company has been very successful in helping other nations grow and become economically stable by investing millions of dollars back into the countries in which they are operating. Legal Factors Legal factors that could pose an environmental threat to the Coca-Cola Company include new legislation or regulation of food and beverage products. Activists are trying to push for more government involvement in product advertising and labeling. While many laws have already been passed in this regard, expanded or new laws could threaten the company by creating more overhead expenses and decreasing the profit margin. Technological Factors In todays marketplace, technology is a key player in helping a business stay profitable. Large businesses, like the Coca-Cola Company, must invest in technological research to find ways to become more efficient, and ultimately better competitors. The Coca-Cola Company should address external technological threats by investing directly in applied research to improve recording and monitoring of the sales, production and delivery process between the Coca-Cola Company and the bottling companies (p. 90). Competitive Factors Consumer tastes and needs are ever changing. With the new focus on health and nutrition and concerns with obesity, many consumers are changing their behaviors and products choices. Tea products, bottled water and energy drinks have become favored as opposed to the typical soft drink. This is an external threat to the Coca-Cola Company, as these changes in preferences have increased the number of competitors in the industry. The Coca-Cola Company is not only in competition with soft drink companies, like PepsiCo, Inc., but with other unassuming companies like Unilever, Kraft Foods, and Nestle. The Coca-Cola Company must continue aggressive efforts in responsible marketing, community investment and product development to hold the No. 1 place in sales of juice, ready-to-drink coffees, and teas. Surprisingly, Coca-Cola is ranked No. 3 in soft drinks, but their No. 1 ranking in juices, teas and coffee products indicate that they are in touch with their consumers interests, and that they understand that soft drinks cannot be their sole products in order to sustain business. C. Target Market The primary target market of the Coca-Cola Company is all consumers of all nations that have a thirst for a high-quality beverage from a reputable brand that cares about small communities and saving the environment. The Coca-Cola Company is well known for advertising to persons of all ages, genders, incomes, ethnicity and lifestyles. Nevertheless, more specifically, over the last decade the Coca-Cola Company has focused on a secondary target market, based on specific psycho-graphic characteristics, of consumers that are health conscious and interested in buying products to support their overall wellness. The Coca-Cola Company has reached this market through many product lines, and has customized their website to provide healthy resources and marketing of products that are considered smart choices. D. Product Coca-Cola is the number one selling sparkling beverage in North America. Coca-Cola is primarily a business product. As a business product, Coke is sold to grocery stores, convenience stores, gas stations, vending companies and restaurants. Coke could also be considered a convenience product as it is a relatively inexpensive item that merits little shopping (Lamb, Hair, McDaniel, pg. 308). It is can found almost everywhere, from schools, hotel, theme parks, airports, places of business and even rest stops on the highways. Coca-cola was packaged solely as soda fountain drink when it was introduced in 1886. In 1894, a candy storeowner started placing the drink in bottles and approached the owner of the Coca-Cola Company, Asa Griggs Candler, about bottling the drink. Candler declined. Then in 1899, Candler sold the rights to bottle the drink and over the next 10 years, 400 bottling plants would be born. The packaging of red and white Coca-Cola products is a world recognized.

How Close The Schlieffen Plan Came To Success

How Close The Schlieffen Plan Came To Success The  Schlieffen Plan was a strategic plan produced by the  German General Staff in the early 20th century. The plan was designed to deal with the threat of encirclement, as Germany had France  to the west and  Russia  to the east. The plan was put into action during the opening of The  First World War  in which Germany had to fight on both a  Western Front  and an  Eastern Front. The plan was designed to take advantage of the difference in time that it would take each of the three countries to mobilise for war. The thinking behind the plan was for Germany to avoid a  two front war  by focusing their armies in the west, quickly defeating the French forces as they had done in the franco-prussian war and then to move its armies using its internal rail network to the east, to deal with the Russian forces before they had time to mobilize fully. The Schlieffen Plan was created by Count  Alfred von Schlieffen  and modified by  Helmuth von Moltke the Younger   after Schlieffens retirement (1). The plan was actually used by Moltke, and, in its modified form, was executed to near victory in the first months of the First World War. However several factors, including the modifications to the original plan; a French counterattack on the outskirts of  Paris  (the  Battle of the Marne); and surprisingly speedy Russian offensives, prevented the plan from reaching its conclusion, thus ending the German offensive, and resulting in prolonged  trench warfare. After the  Franco-Prussian War  of 1870, the province of  Alsace-Lorraine, which had been French and contained a mixed population of French and Germans, had become part of the  German Empire. France was clearly eager to regain its lost territory. However because of  Bismarcks alliances, (2) France was unable to threaten Germany, once  Kaiser Wilhelm II  took the throne in 1888 he began to let the alliances slip and German leaders began to fear encirclement. The first element of the plan involved Germany quickly deploying its forces as well as ignoring the neutrality of  Luxembourg, Belgium  and the Netherlands. The strategic element of the plan was the powerful German right wing moving southwest through Belgium and Northern France, letting the last man on the right, brush the Channel with his sleeve,  in the words of Schlieffen (2), while maintaining only a defensive posture on the central and left wings, in  Lorraine, the  Vosges, and the  Moselle. As previously mentioned, Russian mobilization was thought to take around six weeks, this time was largely due to Russias poor rail network. Therefore after France was defeated within the scheduled forty two days, German high command  would transfer the bulk of the German army to the  Eastern Front. The plan initially deployed 91% of the German troops to France and only 9% to Russia. The goal was to overwhelm France in six weeks, (the time it took for Russia to mobilize its army), and turn back to the Eastern Front before Russia was fully prepared for war. Kaiser Wilhelm II is quoted as having said Paris for lunch, dinner at St. Petersburg.(7) However the German offensive was not successful and we can identify seven major reasons that the Schlieffen Plan failed these are: The effectiveness of the  British Expeditionary Force: The British Expeditionary Force (BEF) was small compared to the vast armies being mobilised by France and German the total number of Tommys was only 75,000 at the beginning of the war. The French amassed millions of troops, and their aim was to use this number to push the German invasion back quickly and retake  Alsace. To this end, the French commander-in-chief  Joseph Joffre  deployed the small but highly professional BEF on the left flank, where it was thought that there would be no combat. However because of the spped at which the German forces advanced through Belgium, the British were nearly routed several times (3), but they managed to hold-up the Germans long enough for French and British reinforcements to arrive. While the BEF was forced to draw back throughout the month of August, it provided enough resistance against the  German First Army  under  Alexander von Kluck  to help encourage the German general to break off the Plan. Instead, von Kluck turned south- east towards  Compià ¨gne, showing his flank to the Garrison of Paris under  Gallieni, making possible the Miracle of the Marne. (5) The speed of Russian mobilization: The Russians moved faster than anyone expected, taking ground in  Eastern Germany  far quicker than the Germans had thought possible. While the initial Russian invasion was little more than harassment, had the Germans not moved forces to check them they would have come dangerously close to  Berlin. To prevent this Germans moved more troops from the western front to the east. This However was unnecessary and counterproductive as while the forces moved away from the Western Front were still being transported the  German forces in the east won the victory at Tannenberg in early September 1914, while at the same time battles on the Western front were going badly for Germany.(6) The French railway system: Because the Germans had been held up by the British and Belgians, the French had more time to organise and transport troops from the border to Alsace-Lorraine. The Germans had not accounted for how quickly the French would be able to do this, This resulted in the Germans encountering a very differently organised French deployment than the one they were expecting The French moved most of their troops by train, although there are reports of the French using taxis and marching large numbers of troops to get them into position in time. All of this meant that by the time the Germans got into France, the French were there waiting for them. Logistical shortcomings: van Creveld says that (7) Schlieffen does not appear to have devoted much attention to logistics when he evolved his great Plan. He well understood the difficulties likely to be encountered, but made no systematic effort to solve them. Had he done so, he might well have reached the conclusion that the operation was impracticable. Moltke did much to improve the logistic side of the plan. Under his direction, the problem was seriously studied for the first time and officers trained in the techniques of warfare Moltke did indeed make a number of alternations to the plan. From a simply logistical perspective, some of these changes were for the better, but most were detrimental to the cohesiveness of the plan was a complete stratagy. Creveld concludes that, overall, the logistical shortcomings of the plan did not contribute to the German defeat on the Marne.However had the  battle  gone in Germanys favour there is every reason to believe that the advance would have petered out. The prime factors would have b een the inability of the railheads to keep up with the advance, the lack of fodder, and sheer exhaustion. In this sense, but no other, it is true to say that the Schlieffen Plan was logistically impracticable. In van Crevelds view(7) the layout of the plan was did not have the necessary standard of thoroughness and detailed planning that was thought to be the hallmark of the German General Staff, but by  an ostrich-like refusal on Schlieffens part to face even those problems which, after forty years of peace, could be foreseen.  Although Moltke did improve the logistical elements of the plan to take into account modern communications technology., it was not the execution of carefully laid plans which allowed the German advance to enjoy the successes that it did, but  furious improvisation (7) That the German Army performed as well as it did when the orders they were receiving were so contradictory and unclear is testament as to what a formidable military force they really were. Moltkes changes to the plan: Chief of the General Staff Helmuth von Moltke altered several elements of the Schlieffen Plan, firstly he reinforced the east with 180,000 men from the right-wing armies to defend against Russia this watered down the invasion force in favour of a more secure eastern border. Moltke was also opposed to the idea of invading the neutral Netherlands in order to provide his armies with a route through to France. The result of this was that his forces were held up in Belgium and this resulted in the breakdown of the whole schedule that the plan was meant to follow. Moltke also moved more troops from his right wing to his left as he was worried that Allied troops could threaten Germany. In the original plan Schlieffen wanted to provide the opportunity for invading armies to threaten Germany before they were enveloped, as this would provide a political victory as well as a military one. This shift of man power became a problem, because the German left flank was now pushing the French back rat her than luring them away from Paris. This meant that the French forces were much closer to the action than was intended and they were condensed rather than spread out. Moltke also sent 80,000 troops to the east to defend against the Russian invasion. In the end Moltke had shifted 250,000 men away from the right wing invasion force watering the assault down to such a point that he had no choice but to abandon the Schlieffen Plan. The French were beaten back by the strongly reinforced left German armies of close to  Sarrebourg; the French forces pulled back and took up defensive positions in the hills near the city of Nancy(5). Instead of avoiding them and enveloping the French armies and Paris as the plan dictated. German high command chose to assault their heavily defended positions around Nancy. This offensive was a total failure. Belgian resistance: Even though the forces defending Belgium were only ten percent of the size of the invading German army, they still managed to hold the German forces up for almost a month, the Belgians quickly lost their forts and military strongholds but they continued to fight in an almost guerrilla style, constantly threatening German supply lines in the North. Also the fact the Germany had invaded Belgium turned European public opinion against them. German underestimation of the British-Belgian alliance: Britain and Belgium were in an alliance because of the  London Treaty that was signed in 1839.(3) Germany did not believe that Britain would keep to the treaty and defend Belgium. The British did keep to their word and surprised Germany by entering the war. This meant that Germany would have to contend with the royal navy and the highly effective BEF in the war. What actually happened was the opposite of what the plan intended (1) because Russia fell before France. The Russian army was defeated with very little cost to the Germans and Russia was forced out of the war before the western front was resolved. Meanwhile the Western front had huge amounts of manpower poured into it feeding the war of attrition that was taking place. The stalemate began to break in the summer of 1918 when Italy finally managed to defeat  Austria-Hungary, and forced them to withdraw from the war. This meant that Germanys southern flank was exposed. The defeat and withdrawal of  Bulgaria  also made Germany venerable to an Allied advance up the  Danube. In 1917 the United States entered the war and brought with it a substantial amount of troops, this meant that Germanys final push in 1918 was defeated and the allies were able to push the Germans out of France and into Belgium and then back towards the German border. Once it became clear that western front was lost, Germany requested terms and the First World War came to a close. There is no denying that the plan came close to success but with so many factors weighted against it and the poor decisions made German high command in regards to the plans execution. the Schlieffen Plan was never going to win the war for Germany. Moltkes fear of Russia proved unfounded and his changes in deployment unnecessary. If these changes had not been made then the plan may have enjoyed more successes as it was the Germans did not have the man power to build on their initial gains and therefore had to retreat. The plan itself however has merit and I think that its fair to say if the execution of the plan had not been watered down so much by Moltke and Schlieffens original plan was stuck to then France may well have fallen and the thin line that separated defeat from victory would have been crossed by the Germans.

Case Study Stanbic Bank Tanzania Essay

Case Study Stanbic Bank Tanzania Essay Stanbic Tanzania is one of members of the Standard Bank Group. Idea of establishment of Standard Bank Group was brought by group of business men in 1857 due to economic prosperity in Port Elizabeth in South Africa, which was the major port and was used to the export of wool. The man behind the Idea was John Paterson who with fellow business men wanted to establish the Standard bank of Port Elizabeth. This idea did not work due to fear of competition from the existing of the two banks. Paterson sailed to England to search for support of British Investors. Patersons efforts were successful and in April 1860, a prospectus for The Standard Bank of British South Africa was published in London. In 1862 The Standard Bank of British South Africa was established. On 15 October 1862 the bank was incorporated and registered as a limited liability company. Its capital was fixed at à ¢Ã¢â‚¬Å¡Ã‚ ¤1,000,000 with 10,000 shares of à ¢Ã¢â‚¬Å¡Ã‚ ¤100 each. The Standard Bank of British South Africa op eration commenced in 1863 and Port Elizabeth remained to the Bank Head Quarters. In 1883 the word British was dropped from the name. In 1962 a subsidiary company was formed to carry business in South and South West Africa (now Namibia) under the banks old name. The name Standard Bank Limited was adopted for the holding company in England (subsequently to become Standard Chartered Bank plc). Standard Bank Group was established in 1969 as Standard Bank Investment Corporation the holding company of SBSA. Standard Chartered sold its 39% stake in Standard Bank Group in 1987, transferring complete ownership of the holding company to South Africa. The Standard Bank group, based in Johannesburg, South Africa, has total assets of about US$81 billion and employs about 35 000 people worldwide. Its network spans 17 sub-Saharan countries (including South Africa) and extends to 21 countries on other continents, including the key financial centres of Europe, the United States and Asia. In addition to banking, Standard Bank has a strategic interest in the insurance industry through its control of the Liberty Group, one of Africas leading life offices and financial services groups. The group has one of the biggest single networks of banking services in Africa. Through this network we offer a wide range of banking products and services which are delivered through more than 1 000 points of representation in 17 African countries (including Tanzania). We are active in international and cross-border transactions and in those areas liaise closely with Standard Bank Corporate and Investment Banking and Standard Bank London. We offer a wide range of financial products and services in the following markets: Personal We are committed to providing our customers with the security, convenience and value for money they expect from an international bank with African roots. As such, we offer you a range of products and services that enhances your banking experience. Business We recognise that as a Business Banking customer you lead a busy life. Through our comprehensive service offering we aim to simplify your financial transactions so you can spend more time on your business and less time on your banking. Corporate and Investment Our corporate structure ensures that we are able to provide customized products and services to both established customers as well as newer, entrepreneurial companies. By focusing on personalised solutions and ongoing financial product development, we are committed to delivering solutions that support our clientssuccess where it matters most. Stanbic Tanzania background Stanbic Bank Tanzania was established in 1995 by Standard Bank group to take over operations of the defunct Meridien Biao Bank Tanzania limited. Stanbic Bank Tanzania is one of the members under the Standard Bank group. The bank has eight branches: City branch in Dar es Salaam Main branch in Dar es Salaam Industrial branch in Dar es Salaam Mayfair branch in Dar es Salaam Arusha branch in Arusha Moshi branch in Moshi Mwanza branch in Mwanza Mbeya branch in Mbeya Stanbic Centre branch in Dar es Salam Vision and values of Standard Bank group Our vision We aspire to be a leading emerging markets financial services organisation. Stanbic bank core values Serving our customers Stanbic Bank aim to do everything in their power to ensure that their customers are provided with the products, services and solutions to suit their needs, provided that everything they do for them is based on sound business principles. Growing our people Stanbic Bank encourages and helps their people to develop to their full potential, and measure their leaders on how well they grow and challenge the people they lead. Delivering to shareholders The Standard bank understands that they earn the right to exist by providing appropriate long-term returns to their shareholders. The bank tries extremely hard to meet various targets and deliver on their commitments. Being proactive Standard Bank strives to stay ahead by anticipating rather than reacting, but their actions are always carefully considered. Working in teams The bank, and all aspects of their work, is interdependent. The bank also appreciates that, as teams, they can achieve much greater things than as individuals. They value teams within and across business units, divisions and countries. Guarding against arrogance Bank has confidence in its ability to achieve ambitious goals and celebrate success, but it must never allow itself to become arrogant. Respecting each other Standard Bank staff has the highest regard for the dignity of all people. They do respect each other and what Standard Bank stands for. The bank recognises that there are corresponding obligations associated with our individual rights. Upholding the highest levels of integrity The banks entire business model is based on trust and integrity as perceived by its stakeholders, especially their customers. SWOT analysis Stanbic strengths Performance oriented (rewards) staff. Stanbic Bank uses Performance index as a key to success. Staffs are rewarded based on their performance. This has built a culture which has encouraged the bank staff to deal more with corporate clients with big business. Portfolio diversification Competitive advantage on products offered by the bank. The Bank offer a wide range of products which are more competitive compare to other banks. Among other products includes, Capital and investment products, Assert and vehicle financing, Home loans, affordable agricultural loans with a guarantee up to 70% of the acquired loan. Networking with internationals hence meeting customers expectations. Standard Bank group operates in more than 37 countries worldwide hence form a large network with their customers. This means customer can easily operated to any of Standard Bank group branch conveniently. Security system in the branches. The Bank has invested much on Technology especially on security hence provide insurance of customer assets both financial and non financial Wide range of currency, due to its wide network coverage the Bank operates with a range of currency hence become more convenience to more of its customer compare to local Banks in Tanzania Weather index insurance in agricultural products. More recently Agriculture in Tanzania has become a top priority nation agenda. Stanbic Bank Tanzania offer affordable loans with guaranteed to 70 percent to its customers. Apart from that the bank has adopted Weather index insurance in connection with agricultural loans. This has attracted more customers to operate with Stanbic Bank. Weakness Small branch network in Tanzania,-Currently Stanbic Tanzania has on 11 branches in Tanzania which in this case do not reach its customer in most of the regions. Apart from small Branch networks, Stanbic Bank has been focusing more on corporate clients leaving behind the retail customer occupying the big populations in Tanzania. Opportunity Branch network expansion in other region Retail banking Competitive products not offered in other areas Threats Fraudulent as it not local as multinational organisation Competition Chapters 2 Organisation structure What is organisation? Organisation is defined as group of individuals, large or small that cooperate under direction of executive leadership in accomplishment of certain common objective (by Keith Devis). Louis defined organisation as a process of identifying and grouping the work performed, defining and delegating responsibility and authority and establishing relationship for the purpose of enabling people to work most effective together to accomplish the indented objective. Organisation can also be defined as form of any human association for attainment of common purpose. From above definitions it is clear that any organisation have main four components namely task, people, structure and Technology. Task is the purpose of an organisation existence. Every organisation has specific objectives to be accomplished that define its existence by producing outputs in terms of goods and services. People are the workforce or human part of the organisation which help in performing different function in the organisa tion. To ensure that different task are well coordinated organisation must have structure which tells the basic arrangement of people in the organisation. Technology is the intellectual and mechanical process used to transform inputs into products and services. Definition and types of organisation structure Mintzberg,( 1979:2) defined organisation structure as the sum total ways in which it divides its labour into distinct task and achieves the coordination among them Organisation structure is framework of policies and rules within which lines of authority, communication and rights and duties of people are identified and arranged. Mintzberg further differentiated Organisation structure to be formal or informal. Roles, power and responsibilities are delegated, controlled and coordinated through the organisation structure. Organisation structure also determines how communication is done between levels of management. The type of the organisation structure mostly depends on objectives and strategies set by of the organisation to achieve the objectives. In organisation with a centralized structure, most of the decisions are centered to the top management while in decentralised structures powers for decision making is distributed where departments have varied degree of autonomy. The organisation structure determine the approach in which it operates and its performance. The Structure allows the responsibilities for different functions and processes to be clearly allocated to different departments and employees. The structure also determines level of resources utilization, it also monitors the activities of the organisation and organisation structure promotes the accountability for areas of work. The erroneous organisation structure will hinder the success of the organisation business. Organisational structures should aim to maximize the efficiency and success of the Organisation. An effective organisational structure will facilitate working relationships between various sections of the organisation. It will retain order and command at the same time promoting flexibility and creativity The organizational structure is mainly influenced by internal factors such as size, product and skills of the workforce influence. The chain of command will lengthen and the spans of control will widen as the business of the organisation. The higher the level of skill each employee has the more the business will make use of the matrix structure to maximize these skills across the organization. Burns and Stalker (1961) introduced the notion of two different types of structure i.e. The Mechanistic structure which is characterised by rigid divisions of activities, clearly defined roles and hierarchically organised authority and The Organic Structure which consists of more fluid and flexible working arrangements. Organic Mechanistic Channels of Communication Open with free information flow throughout the organization Operating styles Allowed to vary freely Authority for decisions Based on the expertise of the individual Free Adaptation By the organization to changing circumstance Emphasis on getting things done unconstrained by formally laid down procedures Loose informal control with emphasis on norm of cooperation Flexible on-job behaviour permitted to be shaped by the requirement Decision Making participation and group consensus Highly structured, restricted information flow Must be uniform and restricted Based on formal line management position Reluctant Adaptation Emphasis on formally laid down procedures Tight control Constrained on-job behaviour Only superiors make decisions Firms with Mechanistic structures pursue centralised decision making arrangements, strict enforcement of adherence to rules and procedures, rigid control over information content and flows, and carefully designed reporting relationships (Slevin and Covin, 1997). Organic structure on the other hand, reflects an organisations emphasis on delegation, participation, creativity, openness and adaptability (Brouthers et al, 2000). Mechanistic structures are preferable for analyzing new products and processes and for implementing such entrepreneurial endeavors, as concentrated power often prevents imaginative solutions of problems. On the other hand Organic structures are enhancing the use of rational strategic decision-making by providing the flexibility needed to take advantages of market opportunities or minimize a competitive threat. The pursuit of shareholders value by private firms may be facilitated by the flexibility afforded by Organic structures. Hence it also proves the positive relationship between organic organization structures and private ownership Mechanistic organization tends to offer a less suitable environment for managing the creativity and the innovation process. On the other hand organic system is adapted to solve problem in unstable conditions, when new and unfamiliar problems arise. This entails the importance of designing an effective organisation structure which will be flexible and able to respond to future demands and development. The effective structure will be able to adapt changing environmental influences and also will be able to provide social satisfaction for employees in the organisation. A poor organisational structure make good performance impossible no matter how good individual Managers may be. Poor structures are likely to have low motivation and morale to employees, slow and poor decisions, not cost effective and they are likely not to quickly respond to new opportunities. There are two specific principal of general interest in when structuring the organisation i.e. the span of control and the chain of command which need to be balanced in designing the effective organisation structure although there is no a right combination effective to every organisation.. Span of control Mullins 2009 defines span of control as the number of subordinates who report directly to a given manager or supervisor. V.A. Graicunas developed a mathematical formula for span of control which show the limitation of number of subordinates who can effectively be supervised by a Manager. The number of subordinates is determined by total direct and cross relationships R= n (2n/n+n-1) Where n is the number of subordinates and R is the number of interrelationships. Urwick supported the idea of Graicunas and suggested that span of control should not exceed 5 and at most six direct subordinates whose works interconnect. However from Woodwards study span of control varies from organisations depending on type of technology and production systems. Mullins further pointed other factor influencing the span of control includes: Nature of the organisation, complexity of work, range of responsibilities, similarity of function Ability and personal qualities of the manager Amount of time manager is available to spend on subordinates Ability and training of subordinates Effectiveness of co-ordination nature of communication Physical location of the organisation Length of the command chain Importance of span of control With wider span of control: It is difficult to supervise subordinates effectively and may stress more the mangers Planning and development, training and control may suffer Wide span of control may limit opportunities to grow Too wide span of control may result to slowness to adapt to changes On the other hand with too narrow span of control It may lead to problem of coordination and consistency in decision making and hinder effective communication across the organisation Morale and initiative of subordinates may suffer due to close to a level of supervision It increases administrative costs It can lead to additional level of authority in the organisation creating unnecessary long chain of command. Chain of command This refers to the number of different levels in the structure of the organisation, the chain, or the hierarchical command. The chain of command establishes the vertical graduation of authority and responsibility and framework for superior-subordinate relationship. A clear line of authority and responsibility is necessary for the effective operations of the organisations. Few chains of command will help decision making and fasten communication in the organisation. Types of organisation structures Tall organisation structures A tall organisation structure has relative many levels of management and supervision with long chain of command from the top to the bottom of the organisation. Tall structure normally do not exceed 8 levels of management because number of levels decrease span of controls. The tall organisation structures have the following advantage Span of control is narrow where each manager has small number of employees to supervise hence easy to control. There is clear management structure There is clear distinction on function of each layer hence clear line of responsibility and control In the tall organisation structure there is clear succession and promotion ladder. However there is some disadvantage of the Tall organisation structure Freedom and responsibilities for each employee is very restricted There is slow decision making as approval may be required from each level of authority. Communication is slow as it takes place through many levels of management Tall structure has high costs of management as managers for each level are paid more than their subordinates. Flat organisation structure On the other hand unlike tall organisation structure a flat organisation have relatively few layers or may be just one layer of management. This means that there is shorter and wide span of control. Small organisations usually opt for flat organisation structure since it has small number of management layers. Flat organisation structure there is greater communication between Management and employees which influence better team spirit and it is less bureaucracy hence quick decision making. Flat structure has less cost of Management due to fewer level or layers of management. However among other constrain of flat organisation structure includes; Employees may be controlled by more than one manager hence employee may be confused on the reporting channels, Organisation growth may be hindered with this type of structure, Structure is limited to small organisations and hence do not fit to big organisations Function of each department or person could be distorted and amalgamate into the job roles of others.   Hierarchical organisation structure An organisation where employees are ranked at various levels within the organisation is known as hierarchical, each level is one above the other. At each level in the sequence, a person has a number of workers directly reporting to him/her, within their span of control. Under this type of structure there is a tall hierarchical organisation which has many levels and a flat hierarchical organisation will only have a few. The way authority is organized is a typical pyramid shape. A traditional hierarchical structure clearly defines each employees role within the organisation and defines the nature of their relationship with other employees. Hierarchical organisations are often tall with narrow spans of control, which gets wider as we move down the structure. They are often centralised with the most important decisions being taken by senior management.   Ã‚   In the twentieth century as organisations grow bigger, hierarchical organisations were popular because they could ensure command and control of the organisation. However with the advent of globalisation and widespread use of technology, in the 1990s tall hierarchical organisations began to downsize and reduce their workforce. Technology was able to carry out many of the functions previously carried out by humans. The Hierarchical Organisations have the following main advantages Authority and responsibilities are clearly defined There is a clear defined career growth of members of the organisation The hierarchical organisation structure create environment which favour effective use of specialist managers The structure makes employees to be very loyal to their department within the organisation. On the other hand hierarchical structure has disadvantages This structure tend to be bureaucratic and respond slowly to changing so as to meet customers needs and Markets within which the organisation operates Poor communication within the organisation especially for horizontal communication Poor decision making as it may only focus to individual department rather than the organisation as a whole. Centralised and decentralised organisation structure In a centralised organisation head office (or a few senior managers) will retain the major responsibilities and powers. Conversely decentralised organisations will spread responsibility for specific decisions across various outlets and lower level managers, including branches or units located away from head office/head quarters. An example of a decentralised structure is Tesco the supermarket chain. Each store of Tesco has a store manager who can make certain decisions concerning their store. The store manager is responsible to a regional manager. Organisations may also decide that a combination of centralisation and decentralisation is more effective. For example functions such as accounting and purchasing may be centralised to save costs. Whilst tasks such as recruitment may be decentralised as units away from head office may have staffing needs specific only to them.   Ã‚   Certain organisations implement vertical decentralisation which means that they have handed the power to make certain decisions, down the hierarchy of their organisation. Vertical decentralisation increases the input; people at the bottom of the organisation chart have in decision making.    Horizontal decentralisation spreads responsibility across the organisation. A good example of this is the implementation of new technology across the whole business. This implementation will be the sole responsibility of technology specialists Senior managers enjoy greater control over the organisation. The use of standardised procedures can results in cost savings. Decisions can be made to benefit the organisations as a whole. Whereas a decision made by a department manager may benefit their department, but disadvantage other departments. The organisation can benefit from the decision making of experienced senior managers. In uncertain times the organisation will need strong leadership and pull in the same direction. It is believed that strong leadership is often best given from above Disadvantages Senior managers have time to concentrate on the most important decisions (as the other decisions can be undertaken by other people down the organisation structure. Decision making is a form of empowerment. Empowerment can increase motivation and therefore mean that staff output increases. People lower down the chain have a greater understanding of the environment they work in and the people (customers and colleagues) that they interact with.   This knowledge skills and experience may enable them to make more effective decisions than senior managers. Empowerment will enable departments and their employees to respond faster to changes and new challenges. Whereas it may take senior managers longer to appreciate that business needs have changed. Empowerment makes it easier for people to accept and make a success of more responsibility. (http://www.learnmanagement2.com/) Matrix Organisation Structure Matrix organization is an attempt to combine functional and pure project organizations to couple the positive aspects of both and minimize the negative. Matrix organisation structure is widely used in many industries such as automotive industry. Each staff member is a member of 2 distinct organizations Advantages of matrix organisation structure Project as a point of emphasis PM takes the responsibility for managing the project. Project has reasonable access to all required resources without having to maintain them draws from the functional resource pool as required Less anxiety about what happens when the project is completed Response to client is as rapid as pure project Project has access to the administrative units of the parent firm to maintain consistency w/ policies, practices and procedures With several projects in work, matrix offers a better companywide balancing of resources Matrix organizations span the extremes of the organization spectrum from functional to pure project. Disadvantages include: Delicate balance of focus of decision making power between Project Manager and functional manager Multiple projects have to be monitored as a set to derive the benefits of a matrix organization Strong matrix organizations have problems shutting down projects similar to pure project organizations Division of decision making responsibilities between Project Manager (administrative decisions) and functional manager (technological decisions) is complex and not so clear for the operating Project Manager Project members have at least two bosses, the functional and the Project Manager. This can lead to confusion and disorder. Stanbic Bank Tanzania Organisation structure Based on aforementioned types of organisation structure and their feature Stanbic Bank Tanzania has adapted flat organisation structure with wider span of control and few levels of authority. In the Stanbic bank structure there is greater and quick communication between Management and employees which influence better team spirit and it is less bureaucracy hence quick decision making. The structure has less cost of Management due to fewer level or layers of management. However Stanbic Bank organisation structure has a number of disadvantages such as employees may be controlled by more than one manager hence employee may be confused on the reporting channels. This type of structure may hinder organisation growth as the case we have seen with Stanbic Tanzania with only 11 branches countrywide compared to other bank like National Microfinance Bank with 138 branch and was established 1997.function of each department in this type of organisation structure could be distorted and amalgamated into job of others. Flat organisation structure is normally limited to small organisation hence may not be suitable for a fast growing with large network Bank worldwide like Standard Bank group in which Stanbic bank is part of. Recommended organisation structure Chapter 3: Organisation culture and behaviour 3.1 Organisation culture Organisational culture is a system of shared values and beliefs about what are important, what behaviours are appropriate and about feelings and relationships internally and externally .Values and cultures need to be unique to the organisation, widely shared and reflected in daily practice and relevant to the company purpose and strategy. But there is no single best culture (http://www.cipd.co.uk/research/_visionandvalues). On the other hand Armstrong, (2007) defined organisation culture as the pattern of values, norms, beliefs, attitudes and assumptions that may not have been expressed but shape the ways in which people in organizations behave and things get done. Other definition for organisation culture includes: A pattern of basic assumptions invented, discovered or developed by a given group as it learns to cope with the problems of external adaptation and internal integration that has worked well enough to be considered valid and, therefore, to be taught to new members as the correct way to perceive, think and feel in relation to these problems. Schein (1985) Culture is the commonly held beliefs, attitudes and values that exist in an organization. Put more simply, culture is the way we do things around here Furnham and Gunter (1993) Culture is one of those terms that is difficult to express definitely, but everyone knows it when they sense it. One can tell the culture of an organization by looking at the office arrangement of furniture, what they boast about, what employees wear, language used etc. similar to what you can use to get a feeling about someones personality The concept of culture is principally important when attempting to manage organisation change. Most managers and other practitioners have realised that, despite the best-laid down plans, organisational change should include not only changing structures and procedures, but also changing of the corporate culture as well. Most of the literature generated over the past decade about the concept of organizational culture especially in regards to understanding how to change organizational culture. Organizational change efforts are noticed to fail most of the time. These failures have been related to lack of understanding about the strong role of culture and the role the it plays in organizations. That has become one of the important reasons that many strategic planners currently place more emphasis on identifying strategic values as the way they do mission and vision. Successful organisations are characterised by strong values and a strong guiding vision that communicates what behaviour is appropriate and what is not.

Africa Essay -- essays research papers

Africa’s Resistance to the Portuguese The African history has been affected tremendously due to the influence of some European countries. Portugal, who probably had the greatest impact on the continent, was not shy in invading what they thought to be profitable circumstances. One of these areas that they profited from was the kingdom of Kongo. Kongo was a major Bantu-speaking kingdom astride the Congo River in west-central Africa, probably founded in the 14th century. It was governed by a king, the manikongo, whose economic power was based upon trade in ivory, hides, slaves, and a shell currency of western Africa. Within a few years after the Portuguese first encountered the kingdom in 1484, the sixth manikongo, Nzinga Mbemba, later Alfonso 1, converted to Christianity and extended di...

A Marxist Reading of Shakespeares Coriolanus Essay -- Coriolanus Essa

A Marxist Reading of Coriolanus      Ã‚  Ã‚   One popular dissecting instrument of any Shakespearean character is the modern tool of psychoanalysis. Many of Shakespeare's great tragic heroes-Macbeth, Hamlet, King Lear, and Othello, to name a few-have all been understood by this method of plying back and interpreting the layers of motivation and desire that constitute every individual. Add to this list Shakespeare's Roman warrior Coriolanus. His strong maternal ties coupled with his aggressive and intractable nature have been ideal fodder for modern psychoanalytic interpretation. This interpretation, however, falls within a larger, political context. For despite the fact that Coriolanus is a tragedy largely because of the foibles of its title character, its first and most lasting impression is that it is a political play. Indeed, the opening scene presents the audience with a rebellious throng of plebeians hungry for grain that is being hoarded by the patricians. When Menenius, a patrician mouthpiece, enters the scen e a dialectic is immediately established, and the members of the audience inexorably find themselves on one side or the other of this dialectic, depending, most likely, on their particular station in life.    The English nobility that viewed this play in Shakespeare's time undoubtedly found Menenius' fable of the belly compelling, in which the belly-representing the patricians-is said to be a distribution centre that may initially receive all the flour (nourishment), but parcels it out evenly to the various limbs, and organs-representing all other classes of the republic-leaving itself only the bran. I doubt the audience in the pit found this body trope very persuasive, especially since this play was initially per... ...bject of our misery, is as an / inventory to particularize their abundance; our / sufferance is a gain to them" (I.i.16-18). By rioting for grain and then banishing Coriolanus, the citizens are taking what limited steps are available to people of their class to effect change and receive recognition of their voices. Their insurrection will indeed throw forth greater themes, one of which will be emancipation.    Works Cited Appignanesi, Richard. (1976). Marx for Beginners. London, England: Writers and Readers Publishing Co-operative (Society Limited). Cavell, Stanley. (1985). Who does the wolf love? Coriolanus and the interpretation of politics. In Parker, P. & Hartman, G. (ed.), Shakespeare and the question of theory. New York: Methuen. Jagendorf, Zvi. (1990). Coriolanus: body politic and private parts. Shakespeare Quarterly, 41(4), pp. 455-469.