Thursday, December 26, 2019
Why Marijuana Is The Common Juvenile Crime Performed By...
Based on the report of Global Youth Justice Organization, the misuse of marijuana is the common juvenile crime performed by the youth. Marijuana abuse was ranked to be #6 in their list. Teens are being involved to marijuana use for diverse reasons and this includes poor supervision and communication of parents, family problems, lack of self- discipline, lack of discipline from parents or guardians, and family history of marijuana or drug abuse. Other risk factors would be physical and sexual abuse, emotional problems, curiosity, and peer pressure (GlobalYouthJustice, n.d.). Drugs have become a part of teenââ¬â¢s life. The access to drugs has become easier that why they can purchase anytime they want. The most common drugs to teens would beâ⬠¦show more contentâ⬠¦Many of the psychological effects depend on the setting in which marijuana is used. When the user takes it while alone, he or she may feel drowsy and restful. people who take it with other often become talkative and intellectually stimulated. Marijuana has a marked effect on memory for recent events. Information learned while ââ¬Å"highâ⬠is difficult to recall. Conversations can be disjointed because of an inability to remember what has just been said. Such effects are transient and no permanent effects appear to occur with occasional marijuana use, but regular high- dose use may impair memory. Short term effects would abnormal increase of heart frequency, blood flow to other brain regions, and blood pressure. An individual who ingest marijuana would feel a sense of relaxation, heightened sensory perception, euphoria, and hilarity. The negative mental effect includes anxiety, panic attacks, and hallucinations. A lot of users said that they feel lazy after they smoke marijuana. Marijuana intoxication change the view of time as well as surroundings and damage reaction time and this affects the driving skill of a person which could lead to motor accident. Another effect of marijuana is that it would always make a person feel hungry or increase in appetite, as a result the person will eat large amount of food. It damages the personââ¬â¢s learning skills, and can cause short- term memory. TheShow MoreRelatedCompassion Impacts Wayward Youth1619 Words à |à 7 PagesJuvenile court systems developed in Chicago based on the patriarchal premise that a tough compassionate judge co uld impact the lives of wayward youths. However, politicians changed this with ââ¬Å"tough on crimeâ⬠policies for election. Many juvenile criminals became labeled as ââ¬Å"superpredatorsâ⬠and were thus deemed beyond any help and were tried as adults. Fortunately, not everyone in the criminal system believes that juvenile criminals are beyond help. Some of the people that believe that there isRead MoreThe Role Of Social Risk Factors On The Development Of Our Youth3123 Words à |à 13 PagesJenalee Dawson SSCU/494 Research Proposal December 12th 2014 Families play a vital role in the development of our youth. Studies done on juvenile delinquency have shown that the family environment can present either a risk or protective factor. I have found through my research that as the number of risk factors to which youth are exposed increases, so does the probability that they will engage in delinquent behaviors. The presence of one risk factor may promote the existenceRead MoreJuvenile Delinquency : A Serious Concern For Many Law Enforcement Agencies Essay2260 Words à |à 10 Pages Youth gang members are a serious concern for many law enforcement agencies. Gangs can be defined as a group of individuals who meet on a routinely basis, whom have an identifiable and organized leadership, whom claim control of specific territories, and whom are often involved in violence or other illegal activities (Miller, 1975). Juveniles are the perfect targets to be recruited by gangs according to the National Gang Intelligence Center (2011). This is due to a variety of factors, many ofRead MoreDrug Culture in Mexico1980 Words à |à 8 PagesGeography 303 7 November 2009 How the Drug Culture in Mexico Has Corrupted Its Youth The topic I have chosen to address is the drug culture in Mexico. I will aim to answer the question: how has the drug culture in Mexico corrupted its youth? The geography of Mexico has contributed greatly to it becoming a drug trafficking hot spot. Mexico is located in the middle of the worldââ¬â¢s largest consumer and producer of cocaine. The United States is the worldââ¬â¢s largest consumer of cocaineRead MoreFemale Criminality11608 Words à |à 46 Pagesmore crimes than men; and the types of crimes that women are committing. In viewing Bruce Grosss 2009 article, Battle of the Sexes: The Nature of Female Delinquency, as well as Elizabeth Cauffmans 2008 article, Understanding the Female Offender, one can begin to see where current statistics regarding the female criminal lie. In viewing the information contained in the aforementioned articles, one can immediately understand the underlying reasons that women are committing more crimes thanRead MoreJuvenile Crime Issues in Todayââ¬â¢s Criminal Justice System18893 Words à |à 76 Pagesaccused has these common law, constitutional, statutory, and humanitarian rights that may be threatened by technological advances and other developments: à © à © à © à © chapter 15 Juvenile Justice chapter 16 Drugs and Crime chapter 17 Terrorism and Multinational Criminal Justice chapter 18 The Future of Criminal Justice These individual rights must be effectively balanced against these present and emerging community concerns: Widespread drug abuse among youth The threat of juvenile crime Urban gang violenceRead MoreSubstance Abuse15082 Words à |à 61 Pageswithdrawal symptoms are produced. This withdrawal syndrome is experienced as sickness, stomach upset and muscular pain. Hallucinations and convulsions may also occur. EXPLAIN WHY ALCOHOL IS A DRUG Alcohol is a drug because it affects the body tissues and as a result influences behaviour. BRIEFLY OUTLINE THREE REASONS WHY PEOPLE BECOME DEPENDENT ON DRUGS People become dependent on drugs because of curiosity, believing drugs will improve mental processes. Fashionable. Thinking they are not addictiveRead MoreDo Behavioral Issues Caused By Violence2152 Words à |à 9 Pagesseen throughout society, not just in the media. The problem with society is that they think that by impeding children from watching certain things, it will be less likely for them to follow in the same footsteps. Even so, if that was completely true, why is it that some of those exact children end up with a worst criminal background than those who actually grew up watching TV violence as a child? What children watch, may have some impact on their adulthood, but that is beside the point. It does notRead MoreEssay about Alcoholism and Drug Addiction17765 Words à |à 72 Pagesmay be conceptualized as crime without victim that is, addict himself is the victim who becomes a prey of its misuse. This devastating melody is eroding the roots of social, economic and cultural fiber of Indian Society and all across the globe. It gives rise to criminality and criminal behavior which eventually leads to social disorganization. Alcoholism and drug related offences being victimless crime, they fall in the category of public order crimes or consensual crimes. Seigal (2004) has definedRead MoreThe Censorship of Art Essay example14698 Words à |à 59 Pagesspread throughout the States: a San Antonio City ordinance was enacted to prohibit children under 14 to attend musical, stage, or theatrical presentations that include obscene performances; the Maryland Senate rejected a bill that would have made it a crime to sell obscene records to minors (Gray 1989b:11); several rock and rap performances have been cancelled or interrupted; in 1989, Missouri State Representative Jean Dixon introduced mandatory record labeling proposals, and similar bills were drafted
Wednesday, December 18, 2019
Essay on Generation Gaps in Flannerys A Good Man is Hard...
Generation Gaps in Flannerys A Good Man is Hard to Find The use of symbolism that emphasizes a major gap between the two generations, as well as religion, theme, and imagery along with an intriguing story plot make Flannerys A Good Man is hard to Find one of Americas classic short stories. Imagery is widely used in OConnors story, which makes the characters and surroundings seem lifelike. In the depiction of the grandmother the reader can visual see the woman sitting in the car waiting on the others to arrive. Her collar and cuffs were white organdy trimmed with lace and at her neckline she had penned a purple spray of violets containing a sachet. These are a few phrases of description that OConner used to describe the oldâ⬠¦show more contentâ⬠¦They both agreed that a good man is hard to find. The children and the ways of the grandmother symbolized the division between the generations in the story. The children, June Star and John Wesley, represent a new generation of unruly and disrespectful people. On the other hand, the grandm other represents the strong, southern heritage and stubborn godly beliefs. The two conflict when they discuss going to Tennessee rather than go to Florida, which is what the grandmother wants to do. June Star, who can read the grandmother like a book, remarks after John Wesley told his grandmother to stay at home if she did not want to go to Florida, She wouldnt stay at home for a million bucks. Afraid shed miss something. She has to go everywhere we go. This is a prime example of the loss of respect the children had for the grandmother. The grandmother does nothing but reply, Alright, Miss. The generation gap creates a stir, but the outcome of the two coinciding might be positive. Religion is a crucial point of the story. Coming to the end of the story, The Misfit and the grandmother are alone together talking. The Misfits responses to the grandmothers prayers advice reveal that these two individuals are on two very different levels with concern to religion. The Misfit has a much d eeper understanding of religion and his belief system than does the grandmother. As the two continue in conversion, the Misfit asks the grandmother if it seems right that Jesus was
Monday, December 9, 2019
Strategic Management Dissertation free essay sample
The nature of corporate strategy problems cannot easily be framed within a fixed paradigm. Strategic management is necessarily a multi-paradigmatic discipline, requiring varied theoretical perspectives and methodologies. The purpose of this paper is to present and assess the evolution of corporate strategic management in the first decade of the current century, particularly under the influence of the recent economic crisis. For the last two decades strategic management has been dominated by a resource-based view. Recently we can distinguish two important perspectives of research: behavioral and institutional. The first regards decision-making processes of company executives based on considerable progress made by psychologists in identifying and validating fundamental cognitive constructs which are promising for advancing theory and research on top management teams. The institutional perspective is based on increased realization of the importance of national and global institutions for the competitiveness of companies, sectors and countries. Keywords: strategic management, evolutionary framework, behavioral perspective, institutional perspective, entrepreneurship, hypercompetition. JEL codes: D01, D02, D03. Introduction Strategic management as a field of inquiry is one of the more important and widely cited subjects and forms a critical part of the business and management curriculum at all levels. In the early 1960s, there was little mention of strategy in company reports, whilst today it is difficult to find a company report without encountering the word strategy several times. The field, like medicine or engineering, exists because it is worth codifying, teaching, and expanding what is known about the skilled performance of roles and tasks that are a necessary part of our civilization [Rumelt, Schendel amp; Teece 1991]. Strategy started life with a high degree of practitioner orientation and the theoretical perspective now holds sway. Strategy is academically more respected but arguably less relevant to needs of practicing managers [Ghobadian amp; Oââ¬â¢Regan 2008]. 1. Strategic management as an academic field of inquiry Strategic management as an academic field has been reconceptualized and relabeled ââ¬â from ââ¬Ëbusiness policyââ¬â¢ in 1979 by Schendel and Hofer [1979]. Strategic management is now a firmly established field in the study of business and organizations. During a relatively short period of time, this field witnessed a significant growth in the diversity of topics and variety of research methods employed. The field of strategic management is eclectic in nature. Its subject of interest overlaps with several other vigorous fields, including economics, sociology, psychology, marketing and finance. It is commonly asserted that the field of strategic management is fragmented and lacks a coherent identity. This skepticism, however, is paradoxically at odds with the great success that strategic management has enjoyed. According to Nag, Hambrick and Chen [2007] strategic managementââ¬â¢s success as an academic field emerges from an underlying consensus that enables it to attract multiple perspectives, while still maintaining its coherent distinctiveness. Strategic managementââ¬â¢s apparent weakness seems to be its strength. Its amorphous boundaries and inherent pluralism act as a common ground for scholars to thrive as a community without being constrained by a dominant theoretical or methodological strait-jacket. Strategic management acts as an intellectual brokering entity, which enables the simultaneous pursuit of multiple research orientations by members who hail from a wide variety of disciplinary and philosophical regimes. At the same time, however, these diverse community members seem to be linked by a fundamental implicit consensus that helps the field to cohere and maintain its identity. 2. Evolutionary framework Early strategy researches were predominantly concerned with identifying firmsââ¬â¢ ââ¬Å"best practicesâ⬠that contribute to corporate success [Chandler 1962; Ansoff 1965]. 83 One of the more significant contributions to the development of strategic management came from industrial organization economics (IOE), specifically the work of Porter [1980, 1985]. The structure-conduct-performance framework and the notion of strategic groups, as well as provision of a foundation for research on competitive dynamics, flourished in the 1980s. The IOE paradigm also brought econometric tools to strategic management research. Building on the IOE economics framework, the organizational economics (OE) perspective contributed transaction costs economics and agency theory to strategic management. More recent theoretical contributions focus on the resource-based view (RBV) of the firm. While it has its roots in E. Penroseââ¬â¢s [1959] work, the RBV was largely introduced to the field of strategic management in the 1980s and became a dominant framework in the 1990s. Based on the RBV or developing concurrently was research on strategic leadership, strategic decision theory and the knowledge-based view (KBV) of the firm. Research focus returned to the company inside. The case method based on clinical case studies was preferred by the early strategy scholars. There was little attempt to generalize the findings of a case to strategy making in general. Largely because of this approach, strategic management was not regarded as a scientific field worthy of academic study. As the field embraced IOE, it began to emphasize scientific generalizations based on the study of broader sets of firms. Additionally, strategy researchers increasingly employed multivariate statistical tools with large data samples. The availability of commercial databases such as PIMS and COMPUSTAT provided strategic management research with convenient access to a large amount of firm level data. The development of strategic management into a more respected scholarly field of study was at least partially a result of the adoption of ââ¬Å"scientificâ⬠methods from IOE. The research methodologies are becoming increasingly sophisticated and now frequently combine both quantitative and qualitative approaches. Normative, inductive case-based studies had dominated the early history of strategic management. Positivistic, deductive empirical research based on the falsification philosophy of Popper became dominant during the next period. Concern with explanation and prediction, rather than prescription, was strongly advocated by strategy scholars with the aim to elevate the field to a more rigorous, ââ¬Å"scientificâ⬠academic discipline. The above described evolution of strategic management for the period 1960ââ¬â 1999 can be shown with the aid of pendulum swings [Hoskisson et al. 1999]. After forty years the field of strategic management returned to its roots, e. . to the company inside (Figure 1). Strategic management owes a considerable intellectual debt to economic theory. A significant section of the strategy schools grew out of the neoclassical economic theory. The most influential contribution was undoubtedly M. Porterââ¬â¢s Competitive Strategy [1980] based on industrial economics. Porter argued that competitive ad84 vantage can be sustained. The doctrine of sustaina ble competitive advantage was embedded in the mainstream economic theory. 3. Last crisis effect on strategic management field Till now there has been no direct evidence that the last financial crisis had an influence on the strategic management theory. There is a significant inertia factor as in each field of science. The editorial cycle in the most prestigious journals is at least two years. For example, in 2010 The Academy of Management Journal published a significant article by four authors: Mishina, Dykes, Block and Pollock, titled Why ââ¬Ëgoodââ¬â¢ firms do bad things: The effects of high aspirations, high expectations, and prominence on the incidence of corporate illegality. The article was based on a sample onsisting of all manufacturing firms that were part of the Samp;P 500 between 1990 and 1999 and had December 31 fiscal year-ends. The resulting data set contained 194 firms and 1749 firm-year observations. Mishinaââ¬â¢s et al. research [2010] identified 469 incidents of corporate illegality, of which 162 were environmental violations, 96 were fraud-related, 124 were related Figure 1. Pend ulum swings: theoretical and methodological evolution in strategic management Source: [Hoskisson et al. 1999] Early Development Resource-Based View IO Economics Organizational Economics Inside Outside Inside Outside Inside Outside Inside Outside 85 to false claims, and 87 were anticompetitive violations. Recent corporate scandals involved prominent, high-performing firms. There is the assertion that the cost of getting caught decreases the likelihood that such high performers will act illegally. The authors have explained this paradox by using theories of loss aversion and hubris based on behavioral economics (see Section 4). Results demonstrate that both performance above internal aspirations and performance above external expectations increase the likelihood of illegal activities. The authors argue, on the base of behavioral economics, that the threat of decline in an organizationââ¬â¢s future relative performance and the potential costs to the organization and its managers of not meeting internal aspirations and external expectations increase the likelihood of illegal behavior, and that this likelihood is even greater when a firm is also prominent (e. g. Arthur Andersen, Enron, World Com or Tyco). The study contributes to the growing literature exploring how cognitive biases shape top management team (TMT) decision making. Eight years before the above study, Bazerman, Loewenstein and Moore [2002] in their prophetic article Why good accountants do bad audits, written just after President G. W. Bush signed into law the Sarbanes-Oxley Act (SOX) in July 2002, warned of the repetition of accounting scandals. They underlined the psychological reasons of fraud. Corporate auditing is particularly vulnerable to unconscious biases. Accounting scandals such as Andersenââ¬â¢s audits of Enron, may have at their core a series of unconsciously biased judgments rather than a deliberate program of criminality. The most important in this case is self-serving bias: armed with the same information, different people reach different conclusions ââ¬â ones that favor their own interests. Bazerman, Loewenstein and Moore [2002] stated that the reforms in the SOX did not address the fundamental problem of self-serving bias, and therefore they would not eliminate further scandals in the future. They were right. Most major financial institutions, which had to be rescued from insolvency in 2008, were more than compliant with SOX. At the banks that collapsed, 80% of board members were independent. All firms had evaluated their internal controls yearly, and the 2007 reports from their external auditors showed no material weaknesses in those controls [Pozen 2010]. But that did not stop the failures. The model for corporate governance was broken [Lui 2011]. The reforms did little to improve the quality of people serving on boards or change their behavioral dynamics. Each company should be free to craft the exact nature of the professional directorsââ¬â¢ role in accordance with the size and scope of the business [Evans 2010]. In fact, almost any allocation of roles between directors and management is permissible in the United States under the current legal framework ââ¬â the same is true in most free-market countries. Few CEOs would voluntarily embrace any scenario that shifts a significant degree of power from management to the board. A few brave and confident CEOs from sound companies might actually be willing to try out the new model. The practice 86 of majority often starts from the initiatives of a few enlightened CEOs. If experiments with the new model were to generate higher earnings or stock rices for the companies involved, then the new model would spread [Pozen 2010]. Pozen [2010] proposed a model of professional directorship. In this model, all boards would be limited to seven persons. Most of the independent directors would be required to have extensive expertise in the companyââ¬â¢s lines of business, and they would spend at least two days a month on company business beyond the regular board meetings. The articles discussed above represent two different perspectives: behavioral and institutional. These two perspectives are strictly related by feedback. Institutions influence behavior of decision-makers. The behavioral perspective regards microeconomic decision-making by companyââ¬â¢s executives. The institutional perspective regards macroeconomic institutions. Thus, the basic hypothesis of this article is that the two perspectives have dominated the current strategic management literature, although RBV is still influential (Figure 2). Figure 2. Evolution of predominant area of research in strategic management institutions (North, Williamson) ypercompetition (Dââ¬â¢Aveni) capitalism reform (Porter, A. Smith) entrepreneurship (Schumpeter) innovations decision-making proces corporate governance Porter Jensen Wiliamson Wernefelt Barney Chandler Andrews Anso_ Decades 1960 1970 1980 1990 2000 2010 Decision-maker Firm Industry Predominant areas of research State, Group of states, Global economy 87 4. Behavioral perspective: micro level Behavioral economics strengthens the expl anatory possibilities of economics by providing it with more realistic psychological foundations. The most influential authors, Kahneman and Tversky [1979], documented violations of neoclassical economics and proposed an axiomatic theory grounded in psychological principles. Behavioral economics is founded on the premise that human beings are not totally rational and are motivated by unconscious cognitive biases. 4. 1. Cognitive biases and improvement of strategic decision-making Kahneman and Tversky [1974] introduced the term ââ¬Å"cognitive biasâ⬠for the description of a deviation pattern in the judgment of people that occurs in particular situations. It is used to describe effects in the human mind, some of which can lead to perceptual distortion, inaccurate judgment, or illogical interpretation. Biases (e. g. framing, self-serving, confirmation, hindsight, loss aversion, status quo bias, money illusion, etc. ) can be classified on a number of dimensions. Mintzberg, Ahlstrand and Lampel [1998, pp. 150ââ¬â173] distinguished a cognitive school in strategic management based on the achievements of cognitive psychology. A strategy is some kind of interpretation of the world and strategy formation is a cognitive process that takes place in the mind of the strategist. Thus, strategies emerge as mental perspectives ââ¬â in the form of concepts, maps, and frames ââ¬â that shape how people deal with inputs from the environment. A survey prepared by McKinsey amp; Company [Lovallo amp; Sibony 2010] confirmed that cognitive biases affect the most important strategic decisions made even by the smartest managers in the best companies: mergers routinely fail to deliver the expected synergies, strategic plans often ignore competitive responses, and large investment projects are over budget and over time. Despite the growing awareness of psychological aspects of decision-making, most executives are incapable of recognizing their own biases. Kahneman, Lovallo and Sibony [2011] described how to detect bias and minimize its effect. Most strategic decisions are influenced by many people and decision-makers can adjust their ability to spot biases in othersââ¬â¢ thinking. We may not be able to control our own intuition, but we can apply rational thought to detect othersââ¬â¢ faulty intuition and improve their judgment. Kahneman, Lovallo and Sibony [2011] developed a tool based on a 12-question checklist that is intended to unearth defects in cognitive biases of the teams making recommendations for executives. A study by Lovallo and Sibony [2010] of 1048 important business investments showed that when organizations worked at reducing the effect of bias in their decision-making processes (ââ¬Å"debiasingâ⬠), they achieved returns (ROI) up to seven percent. 88 4. 2. Leadership A big part of the strategic management literature is devoted to CEOs (chief executive officers). Leadership, especially in a firmââ¬â¢s senior positions, has a significant impact on company performance. Recently, psychologists have made considerable progress in identifying and validating fundamental constructs that hold considerable promise for advancing theory and research on top management teams. There are several psychological concepts useful in strategic leadership analysis: the concept of core self-evaluation, the idea of intuition, the concept of entrepreneurial passion, etc. Some new issues regarding leadership have appeared recently. According to I. Nonaka and H. Takeuchi [2011], people behave less ethically when they are part of an organization. Individuals who may do the right thing in normal situations behave differently under stress. Common rationalizations, that one is acting in the companyââ¬â¢s best interest, or justification that one will never be found out, lead to misconduct. Business leaders must extend beyond the company and create the common good. CEOs need to ask if decisions are good for society, as well as for their companies. Companies should start thinking of themselves as social entities charged with a mission to create lasting benefits for society. Unless companies create social as well as economic value, they will not survive in the long run. I. Nonaka and H. Takeuchi [2011] after studying leadership in different organizations in the world, show that the use of explicit and tacit knowledge is not enough and CEOs must also draw on a third, often forgotten kind of knowledge, called practical wisdom. Practical wisdom is the experiential knowledge that enables people to make ethically sound judgments. The world needs leaders who will make judgments knowing that everything is contextual, and will make decisions knowing that everything is changing. . 3. Innovation Innovation is the central job of every leader, regardless of the place he or she occupies on the organizational chart. Innovators rely on their ââ¬Å"courage to innovateâ⬠ââ¬â an active bias against the status quo and an unflinching willingness to take risks ââ¬â to transform ideas into powerful impact [Lafley 2009]. Dyer, Gregersen and Christensen [2009] id entified five ââ¬Å"discovery skillsâ⬠that distinguish the most creative executives: associating, questioning, observing, experimenting, and networking. Together, these skills create, according to the authors, the so called ââ¬Å"innovatorââ¬â¢s DNAâ⬠. Studies of identical twins separated at birth indicate that our ability to think creatively comes one-third from genetics; but two-thirds of the innovation skill set comes through learning ââ¬â first understanding a given skill, than practicing it, experimenting, and ultimately gaining confidence in oneââ¬â¢s capacity to create. 89 To grasp the invention process, it is important to understand how the brain operates. The brain does not store information like a dictionary. Instead, it associates words with experiences from our lives. Some of these are logical, while others may be less obvious and rather emotional. The more diverse our experience and knowledge, the more connections the brain can make. Fresh inputs trigger new association; for some, these lead to novel ideas. Associating is like a mental muscle that can grow stronger by using the other discovery skills. Innovators, engaging in such activity, build their ability to generate ideas that can be recombined in new ways. The more frequently entrepreneurs attempted to understand, categorize, and store new knowledge, the more easily their brains could naturally and consistently make, store, and recombine associations. 5. Institutional perspective: macro level The last decades have shown us that institutions matter, and matter greatly [Kowalski and Wihlborg 2010; Kowalski and Shachmurove 2011]. Corporations are supported and constrained by institutions in their strategic pursuits, and may also attempt to shape them to their own advantage. There is an increased realization of the importance of national and global institutions for the competitiveness of countries and companies. Williamsonââ¬â¢s works have been extremely influential in management research, which has helped improve our knowledge on transaction governance and the role of the firm. In the last decade the institutional perspective in strategic management has been strengthened and developed by the concepts of North [1990], who received the Nobel Prize in 1993, sixteen years before Williamson. 5. 1. Douglas Northââ¬â¢s theory of institutions Northââ¬â¢s theory of institutions [1990] is constructed from a theory of human behavior combined with a theory of the costs of transacting. Northââ¬â¢s focus is on the interaction of institutions, defined as any constraint humans devise to shape their interactions, and organizations, created to take advantage of the opportunities presented by institutions in shaping the development of economies. In other words institutions are the rules of the game in a society [North 1990, p. 3]. In consequence they structure incentives in human exchange, whether political, social, or economic. Institutional change shapes the way societies evolve through time and hence is the key to understanding historical change. Institutions affect the performance of economies. The central focus is on the problem of human cooperation ââ¬â specifically the cooperation that permits econo90 mies to capture the gains from trade. The evolution of institutions that create an hospitable environment for cooperative solutions to complex exchange provides for economic growth. Defining institutions as the constraints that human beings impose on themselves makes the definition complementary to the choice theoretic approach of neoclassical economic theory [North 1990, p. 5]: ââ¬Å"Building a theory of institutions on the foundation of individual choices is a step toward reconciling differences between economics and the other social sciences. The choice theoretic approach is essential because a logically consistent, potentially testable set of hypotheses must be built on a theory of human behavior. The strength of microeconomic theory is that it is constructed on the basis of assumptions about individual human behavior. Institutions are a creation of human beings. They evolve and are altered by human beings; hence our theory must begin with the individual. At the same time, the constrains that institutions impose on individual choices are pervasive. Integrating individual choices with the constraints institutions impose on choice sets is a major step toward unifying social science researchâ⬠. Northââ¬â¢s theory was exemplified by Crossland and Hambrick [2007]. They base it on three fundamental national-level institutions ââ¬â national values, prevailing firm ownership structures, and board governance arrangements ââ¬â and argue that CEOs in different countries face systematically different degrees of constraint on their latitudes of action, and hence they differ in how much effect they have on company performance. To test these ideas, they applied a variance components analysis methodology to 15-year matched samples of 100 U. S. firms, 100 German firms, and 100 Japanese firms. Results provided robust evidence that the effect of CEOs on company performance ââ¬â for good and for ill ââ¬â is substantially greater in U. S. firms than in German and Japanese firms. For example, in U. S. board governance constraint is reduced by the prevailing practice of CEO/board chair duality and the power of CEOs to influence board member appointments. In approximately 80% of U. S. companies, the CEO chairs the board that is supposed to monitor him or her. 5. 2. Recommendations for institutional change The last global economic crisis provoked a permanent discussion regarding necessary changes of capitalistic institutions. Conclusions of the discussion are very important for strategic management on the corporation level. According to majority of authors [Porter amp; Kramer 2011; Martin 2010; Barton 2011], in recent years business increasingly has been viewed as a major cause of social, environmental, and economic problems. Companies are widely perceived to be prospering at the expense of broader community. Companies remain trapped in an outdated approach to short-term value creation that has emerged over the past few decades. 91 According to Martin [2010] the shareholder value has almost nothing to do with the present value. Present value earnings tend to be a small fraction of the value of common shares. Over the last decade, the average yearly price/earnings multiple for the Samp;P500 has been 27x, meaning that current earnings represent less than 4% of stock prices. For managers, implications of this are clear: the only sure way to increase shareholder value is to raise expectations about the future performance of the company. Short-term rewards encourage CEOs to manage short-term expectations rather than push for real progress. The need for a healthy share price is a natural constraint on any other objective set. Making it the prime objective, however, creates the temptation to trade long-term gains in operations-driven value away for temporary gains in expectations-driven value. To get CEOs to focus on the first, we need to reinvent the purpose of the firm [Martin 2010]. Many reasons of the crisis stemmed from failures of governance, decision making, and leadership within companies. Barton [2011] met with more than 400 business and government leaders across the globe. Those conversations have reinforced his strong sense that, despite a certain amount of frustration on each side, the two groups share the belief that capitalism has been and can continue to be the greatest engine of prosperity ever devised. Barton [2011] underlines that we need a shift from quarterly capitalism to long term capitalism. Executives must infuse their organizations with the perspective that serving the interests of all major stakeholders ââ¬â employees, suppliers, customers, creditors, communities, the environment ââ¬â is not at odds with the goal of maximizing corporate value; on he contrary, it is essential to achieving that goal. According to Porter and Kramer [2011], the solution lies in the principle of shared value, which involves creating economic value in a way that also creates value for society by addressing its needs and challenges. Businesses must reconnect company success with social progress. It can give rise to the next major transformation of busi ness thinking. The purpose of the corporation must be redefined as creating shared value, not just profit per se. It will also reshape capitalism and its relationship to society. Shared value should help to start the next wave of business innovation and growth. According to Porter and Kramer [2011], we need a more sophisticated form of capitalism, one imbued with a social purpose. Creating shared value represents a broader conception of Adam Smithââ¬â¢s invisible hand. It is not philanthropy but self-interested behavior to create economic value by creating societal value. There is a general consensus that capitalism as an institution is an unparalleled vehicle for meeting human needs, improving efficiency, creating jobs and building wealth. But a narrow conception of capitalism has prevented business from harnessing its full potential to meet societyââ¬â¢s broader challenges [Porter amp; Kramer 2011; Martin 2010; Barton 2011]. 92 6. Strategic entrepreneurship The behavioral perspective has created interests in the role of entrepreneurship in strategic management. Mintzberg, Ahlstrand and Lampel [1998, pp. 124ââ¬â147] distinguished an entrepreneurial school which focused the strategy formation process exclusively on the single leader, and also stressed the most innate of mental states and processes ââ¬â intuition, judgment, wisdom, experience, insight etc. The term ââ¬Ëstrategic entrepreneurshipââ¬â¢ was created at the beginning of the previous decade in order to describe entrepreneurial action with a strategic perspective. Strategic entrepreneurship is the integration of entrepreneurial (i. e. , opportunity-seeking behavior) and strategic (i. e. , advantage-seeking) perspectives in developing and taking actions designed to create wealth [Hitt et al. 2001]. Contemporary entrepreneurship research originated in the work of Schumpeter [1934, 1942] who argued that the main agents of economic growth are the entrepreneurs. They introduce new products, new methods of production, and other innovations that stimulate economic activity. Schumpeter described entrepreneurship as a process of ââ¬Ëcreative destructionââ¬â¢. He viewed this process favorably, because innovations typically represent an improvement in terms of product or process utility and as a result create greater buyer interest and overall economic activity. Entrepreneurs have ââ¬Ëcarried out new combinationsââ¬â¢, including the doing of new things or the doing of things that are already being done in a new way [Schumpeter 1934, pp. 132, 1947]. Entrepreneurship links micro and macro levels in a feedback. Baumol and Strom [2007] underline that current institutions, shaped by history and government are critical in determining where entrepreneurs will find it most promising to direct their efforts. One goal of good policy is the redesign of institutions so as to direct entrepreneurial activity to a beneficial direction. Entrepreneurs recognize the commercial opportunities offered by innovations and transform these opportunities into new products that may improve the lives of all citizens and contribute to increased productivity throughout the economy. Entrepreneurship is perceived as an engine of socioeconomic growth and development, providing new job opportunities and diverse goods and services to the population. The new entrepreneurial practices are emerging by trial and error. Governments need to exploit all available experience and commit to ongoing experimentation. They must follow an incomplete and ever-changing set of prescriptions and relentlessly review and refine them [Isenberg 2010]. The entrepreneurship ecosystem consists of a set of individual elements ââ¬â such as leadership, culture, capital markets, and open-minded customers ââ¬â that combine in complex ways. In isolation, each is conducive to entrepreneurship but insufficient to sustain it. The striking dissimilarities of such countries like Rwanda, Chile, Israel, and Iceland illustrate the principle that leaders can and must foster homegrown solutions ââ¬â ones based on the reali93 ties of their own circumstances, natural resources, geographic location, or culture [Isenberg 2010; Habiby amp; Coyle 2010]. Government cannot build ecosystems alone. Only the private sector has the motivation and perspective to develop self-sustaining, profit-driven markets. For-profit organizations today have the opportunity to collaborate with citizen-sector organizations (CSOs) on problems that neither group has been able to solve independently [Nidumolu, Prahalad amp; Rangaswami 2009]. The power of such a partnership lies in the complementary strengths of the participants: Businesses offer scale, expertise in manufacturing and operations, and financing. Social entrepreneurs and organizations contribute lower costs, strong social networks, and deep insights into customers and communities [Drayton amp; Budinich 2010]. Entrepreneurs can play a central role in finding new approaches to the worldââ¬â¢s toughest economic challenges and social problems [Thompson amp; MacMillan 2010]. If successful, socially minded entrepreneurial efforts create a virtuous cycle: The greater the profits these ventures make, the greater the incentives for them to grow their business. And the more societal problems they help alleviate, the more people who can join the mainstream of global consumers. 7. Hypercompetition as a potential new paradigm It is easy to suggest replacing short-term capitalism (quarterly capitalism) by a longterm approach. Now, due to new technologies and globalization, all processes occur faster and faster. Since the mid-1970s, a fundamental change has occurred in the structure of the American ââ¬â and much of the worldââ¬â¢s ââ¬â economy. It has shifted towards far more competitive markets [Polowczyk 2010]. Technology, globalization, and deregulation ââ¬â all of these intensify competition among companies to get or keep consumers, and to attract investors. To keep shareholders, CEOs had to do everything possible to raise the value of their companiesââ¬â¢ shares. And just as consumers kept the pressure on companies by moving with ever greater ease to a competitor with lower prices or better quality, so did investors ââ¬â aided by fund managers ââ¬â become more agile in hunting for bargains. In the 1990s, the average investor held on to a share of stock for a little more than two years. By 2002, the average holding period was less than a year. By 2004, it was barely six months [Reich 2007, p. 71]. It has made markets far more volatile and produced yawning gaps between corporationsââ¬â¢ market price and their actual value. The advent of high-frequency trading (HFT) has only strengthened this trend. 1 According to Barton [2011] in the 1970s the average holding period for U. S. equities was about 7 years; now it is more like 7 months. 94 The ââ¬Å"hyperspeedâ⬠traders (some of whom hold stocks for only a few seconds) now account for 70% of all U. S. equities trading [Barton 2011]. The managers of the largest pension funds and mutual funds squeeze companies for higher profits. The obsessive drive among CEOs to meet or exceed Wall Streetââ¬â¢s estimates of pending quarterly earnings has undoubtedly led to excessively short-term thinking in executive suits, as well as a string of abuses and distortions [Graham, Harvey amp; Rajgopal 2004]. Unsuccessful CEOs were quickly fired, and an average CEO tenure has dropped from 10 to 6 years since 1995 [Barton 2011]. The new competitive landscape in many industries gives rise to a relentless pace of competition, emphasizing flexibility, speed, and innovation in response to the fast-changing environment. Dââ¬â¢Aveni [1994, p. 2] coined the term ââ¬Å"hypercompetitionâ⬠to describe the condition of rapidly escalating competition characterizing many industries: ââ¬Å"an environment of fierce competition leading to unsustainable advantage or the decline in the sustainability of advantageâ⬠. Almost from the beginning of strategic management as a field of enquiry, considerable effort has been made to define and empirically demonstrate the existence of sustainable competitive advantage. The two key sustainable advantage models are Porterââ¬â¢s five forces model and the resource-based view of the firm. Both Porterââ¬â¢s five forces model and the resource-based view of the firm are rooted in a conception of the world that is essentially stable. Recent studies suggest that sustainable competitive advantage is rare and declining in duration [Wiggins amp; Ruefli 2002, 2005]. There is growing empirical evidence that the volatility of financial returns is increasing, suggesting that the relative importance of the temporary component of competitive advantage is rising [Thomas and Dââ¬â¢Aveni 2004]. The creation and management of temporary advantage is an alternative to sustainable models of competitive advantage. The hypercompetition phenomenon with temporary competitive advantages has significant implications for both practice and research, and needs new analytical methods. The empirical data used for research must match the applied paradigm. Much of the research in Porterââ¬â¢s approach and RBV was largely developed using longitudinal panel data based on public archival annual company or industry data. In the new hypercompetitive landscape data should be more dynamic and detailed, and can be based even on business press or internet daily news. There are many actions which should be analyzed during a month, a week, or day-by-day. For example, new product introduction has a significant positive impact on stock prices immediately after the introduction for the introducing firm. On the other hand, stock prices are negatively affected by rival imitation. The use of daily stock prices allowed to show the Schumpeterian creative destruction effect: the positive effects of innovation and the negative effects of rival response [Dââ¬â¢Aveni, Dagnino amp; Smith 2010]. Hypercompetition is probably an unavoidable process covering bigger and bigger areas of the global economy. Capital markets will undoubtedly continue to pressure 95 companies to generate short-term profits, and some companies will surely continue to reap profits at the expense of societal needs [Porter amp; Kramer 2011]. All participants of the economic and business processes have to adapt themselves to the above presented phenomena, as well as the theory of strategic management. Conclusions The above presented evolution of strategic management as a field of academic inquiry at the beginning of the XXI century can be summarized by the following remarks: 1. The last global economic crisis provoked a permanent discussion regarding necessary changes in capitalistic institutions. Conclusions of the discussion are very important for strategic management on the corporate level. 2. The resource-based view is still very influential in strategic management, but now it is supplemented by two different perspectives: behavioral and institutional. Institutions influence behavior of decision-makers. The behavioral perspective regards microeconomic decision-making by companyââ¬â¢s executives. The institutional perspective regards macroeconomic institutions. These two perspectives are strictly related by feedback. 3. Processes within the feedback microbehavior-macroinstitutions are supported by the phenomena of entrepreneurship and hypercompetition originated by Schumpeter. 4. The nature of strategy problems cannot easily be framed within a fixed paradigm. Strategic management is necessarily a multi-paradigmatic discipline, requiring varied theoretical perspectives and methodologies. 5. Capitalism as an institution has been and can continue to be the greatest engine of prosperity ever devised, despite the crisis turbulences of the last years.
Monday, December 2, 2019
Pringles Successful Strategy
A number of factors play a role in influencing final consumers and their buying behavior towards preference on a product. Personal decisions regarding choice of a product may be due to social influences, purchase situation, economic needs or psychological variables. Many firms consider some or all of these factors when developing an effective marketing strategy.Advertising We will write a custom essay sample on Pringlesââ¬â¢ Successful Strategy specifically for you for only $16.05 $11/page Learn More All that trouble is to influence consumers into choosing their product over other available products. If this is effectively implemented, the company makes more sales and increases profit. Consumer behavior of choosing a product over others varies from one target market to another or between purchases. Customers react differently to the products in the market, and this may vary from one country to another. Pringles is a brand owned by Proctor and Gamble C ompany, which mass produces potato chips for snack lovers across a number of countries including the United States of America. The company has implemented the use of consumer behavior in luring its customers into buying their canned potato chips. Pringlesââ¬â¢ most successful strategy is the varied use of flavor to influence consumer decision. This paper explains how Pringlesââ¬â¢ strategy of varied flavor influences the purchasing behavior of consumers. Pringles extensively uses a variety of flavors in the potato chips industry. It currently has sixteen flavors of potato chips in their production line. The flavors include barbecue, cheddar cheese, cheeseburger, Salt and vinegar, chilled onion and honey mustard just to mention a few. Coming up with sixteen flavors of a product implies the company takes this marketing strategy seriously. Variety seeking consumer behavior is applicable in situations where there is a small customer involvement, but considerable distinction betwee n the available brand options. In such circumstances, the consumers exercise a lot of brand switching. Most of them are not loyal to a brand of Pringles potato chips. They consume any brand at a given moment without weighing the available options. For product categories like Pringles, consumersââ¬â¢ evaluation of a flavor is experienced during consumption. The consumer does not give the flavor much evaluation until the moment it is being consumed. Future decision on buying a flavor of Pringles potato chips will depend on previous experiences. If the consumerââ¬â¢s previous experiences were good and satisfactory, then the same flavor would most likely be repeated. If the previous experiences of the consumer on a flavor were unfavorable, then the possibility of buying a different flavor would be high. The company makes sales irrespective of the flavor picked by the consumer. Having varied favor is a crucial method of influencing the preferences of consumers. Having a variety may most likely influence consumers into choosing a different flavor than the last one because of boredom or curiosity. Consumers may decide to try a different flavor because they are curious to know its taste. Humans are naturally curious of new things in their environment.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The natural behavior of humans is used by Pringles in their marketing strategy. This increases sales because consumers will be curious to taste most of the flavors. Some may decide to switch between flavors because of sheer boredom. From this analysis, having a variety of brands is important in influencing consumer behavior. Effective execution of product variety in the market implies an increase in sales. Pringles periodically add more flavors in the market despite the already available options. The new flavor is first given to a few individuals who taste it for review. This is a good strategy for the varied flavors available. When a consumer gives good reviews for a product, other consumers of the product develops a desire to try it out and experience the same. Almost all reviews of Pringles potato chips released so far were positive. Reviewers explicitly describe the taste of the new flavor in a mouth-watering manner. Readers will be tempted to try out the new flavor because of the positive flavor reviews. Having a variety is also important because the products from a brand can be used to decorate a section of a supermarket or store. When different brands of the same product are neatly arranged in a given section of the supermarket, consumers develop an urge to pick one. Having a variety of products arranged in a beautiful way influence the behavior of consumers because they become household brands. A consumer who is not a fan of a product from a given company will most likely opt for the one having many varieties. For example, if Pringles competes w ith product A from another company having only one flavor of potato chips, then a consumer will most likely opt for Pringles because of the varieties it provides. In conclusion, Pringles has effectively used implementation of variety as a marketing tool that influences consumer behavior. It has effectively introduced sixteen flavors of potato chips in its production line to take advantage of customer preferences. This strategy has made it increase sales and market share in a highly competitive environment. Companies can learn from Pringles by providing varieties to increase sales. This essay on Pringlesââ¬â¢ Successful Strategy was written and submitted by user Jess1caJ0nes to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Wednesday, November 27, 2019
New France and Massachusetts were very similar societies essays
New France and Massachusetts were very similar societies essays After the discovery of the Americas in 1492, European nations rapidly colonized the New World. Despite vast cultural differences, New France and Massachusetts emerged as very similar societies. Foremost, the origins of both the colonies were both based on the same basic principles. Moreover, the attitudes and mentalities of both colonies were remarkably similar. Primarily, both colonies were founded on the same principles. New France and Massachusetts uniquely became a haven for the outcasts of Europe. The Puritans came to Massachusetts to experience freedom of religion after being persecuted for their beliefs in England. They felt that the Church of England did not enforce a literal enough interpretation of the bible, and ventured out to a New World in search of a Utopian society. Similarly, New France hoped that the colony would serve as a better world for the downtrodden, disadvantaged, and oppressed of the Old World. For example, les Filles du Roi, or Kings daughters, were economically deprived, peasant girls who came to Canada to provide spouses for the unmarried men. Furthermore, both societies attempted to establish a Utopian society. For the Puritans settlement was a unique opportunity to create a society of True Believers, far removed from the corrupting influence of England. In New France, a perfectible society was attempted by balancing the authority of the King and the Spiritual authority which was applied through the Oath of Fidelity in 1672, in which Frontenac required the clergy to take. You swear and promise before God to labour with all your strength for the maintenance of the Catholic, Apostolic and Roman Religion...and to be faithful to the King as required... Finally, like the New France fur trade, the Massachusetts Bay Company was ostensibly established for economic and commercial purposes. Its purpose of trade and colonization of the land between the Cha...
Saturday, November 23, 2019
Definition and Examples of the Series in Grammar
Definition and Examples of the Series in Grammar Definition In English grammar, aà series is aà list of three or more items (words,à phrases, orà clauses),à usually arranged in parallel form. Also known as a list or catalog. The items in a series are usually separated by commas (or semicolons if the items themselves contain commas). See Serial Commas. In rhetoric, a series of three parallel items is called a tricolon. A series of four parallel items is a tetracolon (climax). See Examples and Observations below. Also see: Writing With Descriptive ListsAsyndeton and PolysyndetonAuxesisBill Brysons ListsClimactic OrderCoordinate Adjectivesà andà Cumulative AdjectivesDiazeugmaHypozeuxisEdward Abbeys List of ExamplesEnd-Focus and End-WeightEnumeratioListicleNikki Giovannis ListsParallelismSystrophe EtymologyFrom the Latin, to joinà Examples and Observations With their repetitions, their strong rhythmic qualities- lists are often the most musical section of a piece of prose, as though the writer suddenly broke into song.(Susan Neville, Stuff: Some Random Thoughts on Lists. AWP Feb. 1998)Twitter has become a playground for imbeciles, skeevy marketers, D-list celebrity half-wits, and pathetic attention seekers: Shaquille ONeal, Kim Kardashian, Ryan Seacrest.(Daniel Lyons, Dont Tweet on Me. Newsweek, Sep. 28, 2009)Tea is the steady companion of the Scottish day, and each hotel, no matter how humble, stocks its rooms with supplies for brew-ups: electric pot for boiling water, ceramic pot for brewing, china cups and small tea creamers, a raft of teas, honey, fresh milk, and lemons.(Emily Hiestand, Afternoon Tea,à The Georgia Review, Summer 1992)Donkey: I dont get it, Shrek. Why didnt you just pull some of that ogre stuff on him? You know, throttle him, lay siege to his fortress, grind his bones to make your bread? You know, the whole ogre t rip.Shrek: Oh, I know. Maybe I could have decapitated an entire village, put their heads on a pike, gotten a knife, cut open their spleens and drunk their fluids. Does that sound good to you?Donkey: Uh, no, not really, no.(Shrek, 2001) Daisy said some cruel and heartless things about me, my personality, my looks, my clothes, my parents, my friends, the way I eat, sleep, drink, walk, laugh, snore, tap my teeth, crack my fingers, belch, fart, wipe my glasses, dance, wear my jeans up around my armpits, put HP sauce on my toast, refuse to watch The X Factor and Big Brother, drive . . . The litany went on and on and was interspersed with tears and sobs.(Sue Townsend,à Adrian Mole: The Prostrate Years. Penguin, 2010)Go on vacation with your siblings; you will be back in the treehouse of code words and competitions and all the rough rivalries of those we love but do not choose as family. I am more likely to read trashy books, eat sloppy food, go barefoot, listen to the Allman Brothers, nap and generally act like Im 16 than Id ever be in the dark days of February. Return to a childhood haunt, the campground, the carnival, and let the season serve as a measuring stick, like notches on the kitchen doorway: the last time yo u walked this path, swam this lake, you were in love for the first time or picking a major or looking for work and wondering what comes next.(Nancy Gibbs, To the Time Machine! Time, July 11, 2011) The fictional model for the country gentry is the hard-riding, heavy-drinking, red-faced, Hanoverian-damning, Pox!-exclaiming, no-nonsense Squire Western in Fieldings Tom Jones.(Jeremy Paxman, The English: A Portrait of a People. Overlook, 2000)Throughout [the movie] Sinister, the rooms remain darker than crypts, whether at breakfast or dinnertime, and the sound design causes everything in the house to moan and groan in consort with the heros worrisome quest. I still cant decide what creaks the most: the floors, the doors, the walls, the dialogue, the acting, or the fatal boughs outside.(Anthony Lane, Film Within a Film. The New Yorker, October 15, 2012)Knowing already of the towns carefully nurtured reputation for gentility, I moved [to Bournemouth] in 1977 with the idea that this was going to be a kind of English answer to Bad Ems or Baden-Baden- manicured parks, palm courts with orchestras, swank hotels where men in white gloves kept the brass gleaming, bosomy elderly ladies in mi nk coats walking those little dogs you ache to kick (not out of cruelty, you understand, but from a simple, honest desire to see how far you can make them fly).(Bill Bryson, Notes From a Small Island. Doubleday, 1995) Most of the public lands in the West, and especially in the Southwest, are what you might call cowburnt. Almost anywhere and everywhere you go in the American West you find hordes of these ugly, clumsy, stupid, bawling, stinking, fly-covered, shit-smeared, disease-spreading brutes. They are a pest and a plague. They pollute our springs and streams and rivers. They infest our canyons, valleys, meadows, and forests. They graze off the native bluestem and grama and bunchgrasses, leaving behind jungles of prickly pear. They trample down the native forbs and shrubs and cacti. They spread the exotic cheatgrass, the Russian thistle, and the crested wheat grass.(Edward Abbey, Even the Bad Guys Wear White Hats. Harpers Magazine, January 1986)I am no more lonely than a single mullein or dandelion in a pasture, or a bean leaf, or a sorrel, or a horse-fly, or a humble-bee. I am no more lonely than the Mill Brook, or a weathercock, or the northstar, or the south wind, or an April shower, or a Jan uary thaw, or the first spider in a new house.(Henry David Thoreau, Walden, 1854) Oh, look, she said. She was a confirmed Oh-looker. I had noticed this at Cannes, where she had drawn my attention in this manner on various occasions to such diverse objects as a French actress, a Provenà §al filling station, the sunset over the Estorels, Michael Arlen, a man selling coloured spectacles, the deep velvet blue of the Mediterranean, and the late mayor of New York in a striped one-piece bathing suit.(P.G. Wodehouse, Right Ho, Jeeves, 1934)Let the word go forth from this time and place, to friend and foe alike, that the torch has been passed to a new generation of Americans- born in this century, tempered by war, disciplined by a hard and bitter peace, proud of our ancient heritage, and unwilling to witness or permit the slow undoing of those human rights to which this nation has always been committed, and to which we are committed today at home and around the world.Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, mee t any hardship, support any friend, oppose any foe, to assure the survival and the success of liberty.(President John Kennedy, Inaugural Address, January 20, 1961) The sandwiches were stuffed with alfalfa sprouts and grated cheese, impaled with toothpicks with red, blue, and green cellophane ribbons on them, and there were two large, perfect, crunchy garlic pickles on the side. And a couple of cartons of strawberry Yoplait, two tubs of fruit salad with fresh whipped cream and little wooden spoons, and two large cardboard cups of aromatic, steaming, fresh black coffee.(Thom Jones, Cold Snap, 1995)While politely discussing with him my fathers sudden journey to town, I registered simultaneously and with equal clarity not only his wilting flowers, his flowing tie and the blackheads on the fleshy volutes of his nostrils, but also the dull little voice of a cuckoo coming from afar, and the flash of a Queen of Spain settling on the road, and the remembered impression of the pictures (enlarged agricultural pests and bearded Russian writers) in the well-aerated classrooms of the village school which I had once or twice visited; andto continue a tabulati on that hardly does justice to the ethereal simplicity of the whole process- the throb of some utterly irrelevant recollection (a pedometer I had lost) was released from a neighboring brain cell, and the savor of the grass stalk I was chewing mingled with the cuckoos note and the fritillarys takeoff, and all the while I was richly, serenely aware of my own manifold awareness.(Vladimir Nabokov, Speak, Memory: An Autobiography Revisited. Random House, 1966) The one with the assortment of smiles, the oneJailed in himself like a forest, the one who comesBack at evening drunk with despair and turnsInto the wrong night as though he owned it- oh smallDeaf disappearance in the dusk, in which of their shoesWill I find myself tomorrow?(W.S. Merwin, Sire. The Second Four Books of Poems. Copper Canyon Press, 1993)The Length of a SeriesAlthough the four-part series is indicative of a human, emotional, subjective, involved attitude, each additional lengthening of the series increases and magnifies this attitude, and begins to add an element of humor, even absurdity. [William] Hazlitt, writing about human beings, the Public, his own kind, [above] uses the long series to indicate great involvement, great feeling, and a certain sense of humor about it all. The Public is mean, but so ornery that we almost have to laugh.(Winston Weathers and Otis Winchester, The New Strategy of Style. McGraw-Hill, 1978)Usage Tips: Arranging and Concluding a Series- In a n unenumerated series, place the longest element last.(James Kilpatrick)- Do not use etc. at the end of a list or series introduced by the phrase such as or for examplethose phrases already indicate items of the same category that are not named.(G. J. Alred et al., The Business Writers Handbook. Macmillan, 2003) Pronunciation: SEER-eez
Thursday, November 21, 2019
The Caroline Doctrine Essay Example | Topics and Well Written Essays - 500 words
The Caroline Doctrine - Essay Example As a result, they believed the conduct of the British force had been, under the circumstances, justifiable by the Law of Nations1. Harrison administration was of the opinion that while the Constitution of the United States created very clear fields of jurisdiction, Federal Government was the one concerned with foreign relations and as a result it was to intervene with the State of New York and obtain the release of a foreign national. NATIONAL SECURITY AND INTELLIGENCE POLICY "What an immense mass of evil must have result from allowing men to anticipate what might happen" Leo Tolstoy. Hans Blix, Chair of the Weapons of Mass Destruction Commission, stated that it would be a violation of international law to take military action against Iran in response to its pending nuclear weapons program because such action would fail to comply with the international law doctrine of self-defense against imminent attack2. However, if so, the international community should revisit this doctrine in the context of nuclear counter-proliferation to ensure that there is a legal and practical doctrine of international self-defense. This has influenced the Americans allot when Caroline doctrine was cited with approval by Iraq. Therefore, the Caroline doctrine was to be modified for purposes of counter-proliferation3. The practical inability to sufficiently eliminate a nuclear threat once a nuclear weapons program by an aggressor state has been fully developed. For instance, taking the actual words used in the NSS itself, various commentators describe the situation as preemptive self-defense or rather Bush doctrine. However, others think that the NSS can be interpreted as promoting the doctrine of preventive self-defense which a number of present writers are in agreement with. present writers hold a belief that the term anticipatory self-defense is well documented and
Tuesday, November 19, 2019
Scapegoate Essay Example | Topics and Well Written Essays - 2750 words
Scapegoate - Essay Example Such story elements can easily be recognized through the variety of features. Moreover the story plot itself can be interpreted differently, when scapegoating moments are found, understood and properly adapted. This way a narration in a story of real person, Guillaume de Machaut, and tales told by fictional Sindbad the Sailor is similar. They both describe events that took place in front of their eyes. And they both narrate from their point of view ââ¬â and so become subjective in their judgments. Moreover both of them where stressed at the moment of described events, and thus could not estimate situation thoroughly and adequately. They both where limited in their abilities to study situation widely and analyzed situation using information, gained from gossips and human beliefs. These facts influenced the truthfulness of both stories. In the Machautââ¬â¢s case Jews eventually turned out to be unbelievably strong water poisoners ââ¬â tough the poison of such quality didnââ¬â¢t exist in their times. And so they were prosecuted because of the prejudice. In the Sindbadââ¬â¢s case, every part of a story was accompanied by note that described a bright and frightening story, told to Sindbad by the other sailors. And that obviously could influence his point of view when he had met something he could not grasp. And thus real events in his story mixed up with gossips and Sindbadââ¬â¢s ignorance ââ¬â and he added everything, described in Girardââ¬â¢s book, into sailorââ¬â¢s story: unbelievable monsters, probably undefeatable creatures, probably vicious person that definitely deserved death that Sindbad caused to him. Every his act, that become more aggressive with each part, was justified by means of scapegoating of both events and enemies. Still a giant fish could have turned out to be usual island that drowned according to an earthshaking. The famous sailor used bright examples of
Sunday, November 17, 2019
Organic food Essay Example for Free
Organic food Essay We asked Food Scientists a simple question: ââ¬Å"What foods do you avoid? Experts from different areas of specialty explain why they wonââ¬â¢t eat these eight foods. Food scientists are shedding light on items loaded with toxins and chemicalsââ¬âand simple swaps for a cleaner diet and supersized health. Experts from different areas of specialty explain why they wonââ¬â¢t eat these eight foods. Clean eating means choosing fruits, vegetables, and meats that are raised, grown, and sold with minimal processing. Often theyââ¬â¢re organic, and rarely (if ever) should they contain additives. But in some cases, the methods of todayââ¬â¢s food producers are neither clean nor sustainable. The result is damage to our health, the environment, or both. So we decided to take a fresh look at food through the eyes of the people who spend their lives uncovering whatââ¬â¢s safeââ¬âor notââ¬âto eat. â⬠Their answers donââ¬â¢t necessarily make up a ââ¬Å"banned foodsâ⬠list. But reaching for the suggested alternatives might bring you better healthââ¬âand peace of mind. 1. The Endocrinologist Wonââ¬â¢t Eat: Canned Tomatoes Fredrick Vom Saal, is an endocrinologist at the University of Missouri who studies bisphenol-A. The problem: The resin linings of tin cans contain bisphenol-A, a synthetic estrogen that has been linked to ailments ranging from reproductive problems to heart disease, diabetes, and obesity. Unfortunately, acidity (a prominent characteristic of tomatoes) causes BPA to leach into your food. Studies show that the BPA in most peopleââ¬â¢s body exceeds the amount that suppresses sperm production or causes chromosomal damage to the eggs of animals. ââ¬Å"You can get 50 mcg of BPA per liter out of a tomato can, and thatââ¬â¢s a level that is going to impact people, particularly the young,â⬠says vom Saal. ââ¬Å"I wonââ¬â¢t go near canned tomatoes. â⬠The solution: Choose tomatoes in glass bottles (which do not need resin linings), such as the brands Bionaturae and Coluccio. You can also get several types in Tetra Pak boxes, likeTrader Joeââ¬â¢s and Pomi. Exposure to BPA Causes Permanent Damage In OffSpring 2. The Farmer Wonââ¬â¢t Eat: Corn-Fed Beef Joel Salatin is co-owner of Polyface Farms and author of half a dozen books on sustainable farming. The problem: Cattle evolved to eat grass, not grains. But farmers today feed their animals corn and soybeans, which fatten up the animals faster for slaughter. But more money for cattle farmers (and lower prices at the grocery store) means a lot less nutrition for us. A recent comprehensive study conducted by the USDA and researchers from Clemson University found that compared with corn-fed beef, grass-fed beef is higher in beta-carotene, vitamin E, omega-3s, conjugated linoleic acid (CLA), calcium, magnesium, and potassium; lower in inflammatory omega-6s; and lower in saturated fats that have been linked to heart disease. ââ¬Å"We need to respect the fact that cows are herbivores, and that does not mean feeding them corn and chicken manure,â⬠says Salatin. The solution: Buy grass-fed beef, which can be found at specialty grocers, farmers markets, and nationally at Whole Foods. Itââ¬â¢s usually labeled because it demands a premium, but if you donââ¬â¢t see it, ask your butcher. 3. The Toxicologist Wonââ¬â¢t Eat: Microwave Popcorn Olga Naidenko, is a senior scientist for the Environmental Working Group. The problem: Chemicals, including perfluorooctanoic acid (PFOA), in the lining of the bag, are part of a class of compounds that may be linked to infertility in humans, according to a recent study from UCLA. In animal testing, the chemicals cause liver, testicular, and pancreatic cancer. Studies show that microwaving causes the chemicals to vaporizeââ¬âand migrate into your popcorn. ââ¬Å"They stay in your body for years and accumulate there,â⬠says Naidenko, which is why researchers worry that levels in humans could approach the amounts causing cancers in laboratory animals. DuPont and other manufacturers have promised to phase out PFOA by 2015 under a voluntary EPA plan, but millions of bags of popcorn will be sold between now and then. The solution: Pop organic kernels the old-fashioned way: in a skillet. For flavorings, you can add real butter or dried seasonings, such as dillweed, vegetable flakes, or soup mix. Make it organic and use coconut oil. If Youââ¬â¢re Still Eating Microwave Popcorn, Youââ¬â¢re Not Fully Grasping The Health Consequences 4. The Farm Director Wonââ¬â¢t Eat: Nonorganic Potatoes Jeffrey Moyer is the chair of the National Organic Standards Board. The problem: Root vegetables absorb herbicides, pesticides, and fungicides that wind up in soil. In the case of potatoesââ¬âthe nationââ¬â¢s most popular vegetableââ¬âtheyââ¬â¢re treated with fungicides during the growing season, then sprayed with herbicides to kill off the fibrous vines before harvesting. After theyââ¬â¢re dug up, the potatoes are treated yet again to prevent them from sprouting. ââ¬Å"Try this experiment: Buy a conventional potato in a store, and try to get it to sprout. It wonââ¬â¢t,â⬠says Moyer, who is also farm director of the Rodale Institute (also owned by Rodale Inc. , the publisher of Prevention). ââ¬Å"Iââ¬â¢ve talked with potato growers who say point-blank they would never eat the potatoes they sell. They have separate plots where they grow potatoes for themselves without all the chemicals. â⬠The solution: Buy organic potatoes. Washing isnââ¬â¢t good enough if youââ¬â¢re trying to remove chemicals that have been absorbed into the flesh. Budget tip: Organic potatoes are only $1 to $2 a pound, slightly more expensive than conventional spuds. 5. The Fisheries Expert Wonââ¬â¢t Eat: Farmed Salmon Dr. David Carpenter, director of the Institute for Health and the Environment at the University at Albany, published a major study in the journal Science on contamination in fish. The problem: Nature didnââ¬â¢t intend for salmon to be crammed into pens and fed soy, poultry litter, and hydrolyzed chicken feathers. As a result, farmed salmon is lower in vitamin D and higher in contaminants, including carcinogens, PCBs, brominated flame retardants, and pesticides such as dioxin and DDT. According to Carpenter, the most contaminated fish come from Northern Europe, which can be found on American menus. ââ¬Å"You could eat one of these salmon dinners every 5 months without increasing your risk of cancer,â⬠says Carpenter, whose 2004 fish contamination study got broad media attention. ââ¬Å"Itââ¬â¢s that bad. â⬠Preliminary science has also linked DDT to diabetes and obesity, but some nutritionists believe the benefits of omega-3s outweigh the risks. There is also concern about the high level of antibiotics and pesticides used to treat these fish. When you eat farmed salmon, you get dosed with the same drugs and chemicals. The solution: Switch to wild-caught Alaska salmon. If the package says fresh Atlantic, itââ¬â¢s farmed. There are no commercial fisheries left for wild Atlantic salmon. Farmed Fish vs. Wild Fish: How Healthy Is The Fish At Your Favorite Grocery? 6. The Cancer Researcher Wonââ¬â¢t Drink: Milk Produced With Artificial Hormones Rick North is project director of the Campaign for Safe Food at the Oregon Physicians for Social Responsibility and former CEO of the Oregon division of the American Cancer Society. The problem: Milk producers treat their dairy cattle with recombinant bovine growth hormone (rBGH or rBST, as it is also known) to boost milk production. But rBGH also increases udder infections and even pus in the milk. It also leads to higher levels of a hormone called insulin-like growth factor in milk. In people, high levels of IGF-1 may contribute to breast, prostate, and colon cancers. ââ¬Å"When the government approved rBGH, it was thought that IGF-1 from milk would be broken down in the human digestive tract,â⬠says North. ââ¬Å"Thereââ¬â¢s not 100 percent proof that this is increasing cancer in humans,â⬠admits North. ââ¬Å"However, itââ¬â¢s banned in most industrialized countries. â⬠The solution: Buy raw milk or check labels for rBGH-free, rBST-free, produced without artificial hormones, or organic milk. These phrases indicate rBGH-free products. Why Do Humans Still Drink Milk? 7. The Biotech Specialist Who Wonââ¬â¢t Eat Conventional Soy: GMO Unfermented Soy Michael Harris is biotech specialist who has directed several projects within the biotech sector including those for genetically engineered food. He has been a consultant, manager and director for companies such as Xenon Pharmaceuticals and Genon Corporation. The problem: Genetically engineered food is a cause of great concern due to the manipulation of DNA and genetic code including transfers from one species to another. Fermented Soy Is The Only Soy Food Fit for Human Consumption and since almost 90% of soy in the world is genetically modified, if you are not ensuring sources are organic, long-term health problems are inevitable, especially since soy has been found to affect hormonal balance and even cause cancer. The solution: Check labels to ensure soy is Non-GMO or organic and never consume unfermented sources. If possible contact the company to find out exactly where the Non-GMO soy was obtained. 8. The Organic-Foods Expert Wonââ¬â¢t Eat: Conventional Apples Mark Kastel, a former executive for agribusiness, is codirector of the Cornucopia Institute, a farm-policy research group that supports organic foods. The problem: If fall fruits held a ââ¬Å"most doused in pesticides contest,â⬠apples would win. Why? They are individually grafted (descended from a single tree) so that each variety maintains its distinctive flavor. As such, apples donââ¬â¢t develop resistance to pests and are sprayed frequently. The industry maintains that these residues are not harmful. But Kastel counters that itââ¬â¢s just common sense to minimize exposure by avoiding the most doused produce, like apples. ââ¬Å"Farm workers have higher rates of many cancers,â⬠he says. And increasing numbers of studies are starting to link a higher body burden of pesticides (from all sources) with Parkinsonââ¬â¢s disease. The solution:Buy organic apples or apples from a farmer that you trust!
Thursday, November 14, 2019
investment banking :: essays research papers
Investment Banking The intensely competitive, action-oriented, profit-hungry world of investment banking can seem like a bigger-than-life place where deals are done and fortunes are made. Investment bank includes but is not limited to bringing an established company to the market, by that I mean taking company with the capabilities but not capital of expanding, and raising money through other investors or the stock market (IPO) for a commission, I chose this field because of my personal experience with my father and his company, Iââ¬â¢ve seen him go from starting off as a cold calling broker, to running a brokerage firm, to starting a brokerage firm, all the way to having his own investment firm. I feel like I would do better with jobs where you set your own hours and work at your own pace. A lot of the work is commission based so the more your work the more you make, this would also benefit me because it would drive me to work more, money is my motivation. To be hired you will need good people and communication skills, highly analytical skills, high ability to synthesize and high creative ability. You will also need experience in modeling, valuing companies, and financial accounting. Accounting If you donââ¬â¢t have a deep background in accounting, but if you are strong in math, then donââ¬â¢t worry, youââ¬â¢ll be able to pick it up fast enough once youââ¬â¢re on the job. If you do have a background in accounting, then it gives you a nice edge. Corporate Finance Corporate finance is different than accounting in that corporate finance relates to valuation and financing decisions. The purpose of accounting is to create statements that lay out the historical financial health of a company for management and investors. The purpose of corporate finance is to apply the results of these statements (along with intangibles such as the strength of the industry and the management team) to a valuation model in order to arrive at a value for the company. Modeling Every model has a purpose. Industrial engineers use production line models to show potential future bottlenecks in the production process based on the changes in certain variables. In finance, models are employed to show such things as the value of a company, the projected cash flow of a company, or the projected financing needs of a company. The creation of tight, solid models is what separates the good analysts from the stars.
Tuesday, November 12, 2019
Recruitment in the workplace Essay
In this report, I am going to describe and explain the recruitment and selection process and the different stages that the business has to go through when filling a vacantly Recruitment is when an organisation identifies a vacancy and from the range of applicants that require a job, the organisation employ the best candidate from the application forms received to fill the vacancy in order for the business to run efficiently. Selection is when all the applicants are shortlisted and from them, the employer chosen the best candidate for the job role. The human resources (HR) department are required to work for the organisation by recruiting, training staff also motivating them to work hard in the business. If the employees are trained and recruited correctly, it would show that the business is successfully operating. There are also many other tasks the HR department do such as giving employees promotions and a wage/salary boost, annual appraisals and other employee benefits. Recruitment can be internal or external depending on the job role and the vacancy being filled. Internal recruitment is when an employee already within the business fills a vacancy rather than employing someone outside the business. The vacancy for internal recruitment can be advertised by putting up notice boards, on the intranet and it can also be discussed during staff meetings on who would be the best person to fill the vacancy. The advantages of recruiting internally in the business are that when performing an induction for them, it will not be as difficult because the employee would be familiar with the business workplace and surroundings also it is quicker and less expensive than recruiting someone externally because the amount of candidates is already been narrowed down to certain employees inside the business. The disadvantages if recruiting internally is that the person filling the vacancy from inside the business may not have all the required skills and qualifications to perform the job effectively and by recruiting someone externally offers a versatile range of skills, qualities, experience and qualifications. External recruitment is when someone from outside the business is employed to fill a vacancy. This is a more common approach when recruiting as there is a larger range of candidates that have different skills and abilities. There are many ways to recruit externally. Most businesses will advertise using media such as the internet, newspapers, company newsletters and magazines. Another way to recruit is to go to the job centre and tell them that the company has a vacancy and eventually there will be a range of different candidates with different levels of experience, qualifications and skills. The advantages of using external recruitment are that a wider audience can be reached which increases the chance that the business will be able to recruit the skills it needs also the disadvantages mentioned for internal recruitment are advantages of external recruitment. The disadvantages of external recruitment are firstly even if the new employee has all the experience and skills required for the job, he may not be able to adapt to the businesses system and therefore will take longer to familiarize with the workplace and the employees however with internal recruitment, you would not have this problem. During the recruitment process, candidates must go through seven different stages before a suitable candidate can be chosen and made an employee in the business. This applies to both internal and external recruitment. The seven stages are: 1) Identify a vacancy ââ¬â This is when the business makes it known that a job is available and currently vacant so this could be because an employee has either left the business and this could be for a number of different reasons for example One reason could be that they have had a disagreement and there has been conflict between them and the owner or manager or another reason could be because they have had a better offer from a different business and they are receiving a better wage or salary. Recruitment does not have to be permanent as female employees could be on a maternity leave or an employee could be sick for a long time so they will need someone to cover for them while they return to their job and in these cases, most businesses would internally recruit someone and the advantages of this are itââ¬â¢s quicker and causes less hassle. Human resources will need to formally agree with the department that is requiring an employee to fill the vacancy so a replacement can be searched for immediately. Since recruiting employees cost a large amount of money, the business will only hire employees if it is absolutely vital for their business to run efficiently as the money could be spent on other parts of the business such as paying off any bills or ordering stock. 2) Draw up a job description ââ¬â This is when the job is described in detail so firstly, the name of the job or job title. This is important because it gives a brief ideas of what the job involves e. g.if the job that is a marketing director, the candidates applying for the job will know what they are applying for just from the name. Marketing means to advertise the products and make sure the customers are aware of what products the business offers and persuade them to buy it. Some job titles may change over time such as in schools, the head teacher may chance to principal or head master to give a different feel to the job and possibly increase the prestige and responsibility of the job. Job description also includes employment conditions such as how much the employee will get paid and how many hours a work so for example a cashier could get i 5. 50 per hour so if they work 8 hours a week for 6 days then they will receive ai 264 a week. The employee will also need to know how much pay they will receive and that depends on whether the business pays an annual salary or wages every week. If the employee is temporarily working then they may receive the same pay as the employee they are covering for e. g. john is a cashier who earns i 7 an hour and he is off sick long term so an internal employee is recruited and will receive the same pay until john is healthy and fit enough to work again. The business will be looking to recruit someone that not only matches the job description but also has additional qualities which will make them be more conspicuous. Finally, the job description will include duties and responsibilities that are involved in the job and have to be performed on a daily basis so the applicants will understand how important the job is and how hard they will have to work. Job security is another element in the job description which will tell the employee how long they are being employed for because not all jobs are permanent as mentioned before, employers can just temporarily fill a vacancy and once that person returns to their job, the temporary employee will have to leave the job. The job description will also have a large variety of candidates all after the same job with different skills and traits. This is an example of a job description. It shows what the job is (which is a technical support engineer), the required skills but also useful and desirable extra skills which could be the difference to whether they are recruited or not and the qualifications and experience are required also. The desired skills mention what experience they have so has the candidate worked before and if so how long for, education is their school, college and university placements and what they have achieved in the time they have spent there also the work status is what type of job they like as there is part- time which is only a couple of hours so no more than 30 hours in a week. full-time work is over 30 hours a week and this shows that they may in the job for a long time and the befits of working full time are that the organization will provide you with annual leave, sick leave and health insurance also the hours they work are more flexible however, the most popular and more rewarding benefit is the fact that full time workers will get paid more money that part time workers because they are dedicating more time to the business. 3) Draw up a person specification ââ¬â This is when the employer entails the physical, mental and any other requirement requirements that a candidate needs in order to perform the tasks effectively and successfully such as training and experience e. g. if the business was to be a chauffeur, the person applying for the job would probably need a long driving career which would show that they have a lot of experience and also be able to drive under pressure and quickly. P000rofessional qualifications such as GCSEââ¬â¢s and A-level qualifications such as GCEââ¬â¢s will also be required to show they have a thorough understanding of the job and may make it easier for them to perform the job e. g. an accountant will need a range of different qualifications so the requirements may be that they will need a Degree, preferably in maths, accountancy, business studies, economics or finance. However, it is possible to become an accountant with lower school qualifications. Without A Levels it is possible to acquire the Chartered Institute of Management Accountants (CIMA) qualification, which is fully recognised in the trade. Office juniors can work up to accountant level, but you have to have GCSEs and preferably A Level to begin with. Qualifications show that the candidate has been studying in recent years and are prepared for them job they are going to apply for. Experience is also required in the person specification as it could be the different to whether a candidate is employed or not. Having a high level of experience in a certain field of work will show that the candidate is well trained and has the acquired skills for the job and also shows that they will require less training e. g. if the job being applied for was a cashier, someone who has already worked in other businesses undertaking the same job role will know what they are doing so they donââ¬â¢t need a very detailed induction and require less training also they may be able to generate a higher income perform their tasks more efficiently. A candidate new to the field of work may find it more difficult to get the job will sufficient experience as they may have never done this job before however they me able to bring new ideas or if they have performed similar jobs then they can use that knowledge to perform the job as a cashier. Candidates must also have competence which is the ability of a person to perform tasks and take on certain responsible. The more competent a person is, the better they can perform their duties e. g.a business would rather have a more competent employee that can do their job to a high standard by producing quality output results such as high sales or revenue because it would prove more successful in the long run also having a incompetent employee would require the business to waste their time and money training them especially if they are young candidates who have possibly just finished their education or have finished a degree. The advantages of having a competent employee are that they are reliable for getting their task done efficiently and are resilient to their job. The disadvantage could be that since they may be extremely good at one job but if told to perform a different task they may struggle as it may not play to their strengths e. g. if the job was a reporter, and the employee was very competent in their job but then their manager asks them to illustrate their findings in a more abstract such as creating a presentation, this does not work well for them as they may be so accustomed to writing reports that they donââ¬â¢t have a clue how to create a presentation and this is a disadvantage for competent employees as they donââ¬â¢t offer that versatility. Essential skills will have to be met in order to get the job such as in a call centre, the person will definitely need fluent communication and also be responsive to customer calls. Essential skills are what an employee should have in order to complete the job and if they donââ¬â¢t have the essential criteria then they may be rejected. They can also have personal or desirable skills such as being able to work a computer effectively so they can type up emails quickly rather than constantly calling or being able to co-operate in a team and possibly even lead a team to successfully complete a task or assignment. They are not absolutely necessary but will help them and make them look like a stronger candidate so they may be a possibility that they are shortlisted and interviewed. The criteria from the person specification are important when shortlisting the candidates as only the best will be put through to the interview stage and then finally accepted. This is an example of a person specification for film co-ordination and development. It shows what skills are compulsory or essential and what skills are optional or desirable and can help candidates when it comes to shortlisting as they are more likely to be chosen than a different person who has fewer additional skills. Candidates must be versatile and not just resilient for the job. The job shows that in the qualifications category they need a couple of A-level or equivalent qualifications but there are also desirable skills they could have such as GCSEââ¬â¢s in the field of work possibly drama. It shows that the candidate must have a minimum of 2 yearsââ¬â¢ experience and be able to manage finances and use ICT well however they can also have desirable skills such as being able to manage and supervise staff. Personal aptitude and skills are general skills that a candidate should have or either picked up from past jobs and experience such as communication and teamwork skills. Disposition is something that would be useful to have and would possibly make their job more enjoyable. Any other requirements can be helpful as it would also make them a stronger candidate. 4) Advertise the Vacancy ââ¬â This is when the vacancy is publicised and the business try to get unemployed people to apply for the job. One way to advertise the job is to put it on a local newspaper as they are read by many business men and women so the business can receive a few applicants that are in need of a job and have scanned through a newspaper and found one. The advantages of this are that it will be read by a variety of people and hopefully attract more candidates. The job advertisement is written by the personnel department similarly when marketing a product. The presentation of the advertisement is important as the candidates will receive their first impressions from it and will judge whether it is good or not and also whether they would like to work for the business. On the advertisement it should include the description of the job and mention the main requirements, where the job is going to be located so the candidates know where they will work, how much salary they are expected to receive however it may not be the exact amount on the advertisement as it may vary, address and contact numbers if necessary and the company logo. The more detail that is put into the advertisement the better and more informative it will be however making the advertisement too long can make it look unprofessional. This is an example of a job advert for royal mail and as a job advert should, it includes all the important details such as the job title, company name, contact details and their salary. However it may not look very appealing. This advert is just to make sure that the general public is aware of the job and if anyone is interested and they meet the requirements then they may apply and possibly get shortlisted for an interview. 5) Shortlist the applicants ââ¬â when short listing, the applications that were most appealing and may be considered for the job are listed by the human resources department. It is drawn up by using criteria from the person specification such as qualifications and experience that the candidate has to see if it is enough for them to be able to handle the new job they are applying for also any other skills and attributes they have acquired through other job would be helpful for the candidates. The selection process will begin and the employer will be looking to fill the vacancy with the best candidate amongst the applications. They will then all be individually contacted so an interview can be arranged. The candidates can be informed in many different ways such as ââ¬Ëletters of initiationââ¬â¢ in which a brief document is sent to notify the candidates about whether they will be called up for an interview. The suitable candidates will be those who meet the exact criteria of the job description so for example if the job was to be a IT technician and the job description required them to have 5 years experience working in a ICT related firm and also the business may ask for certain qualifications such as a degree in computing and A-Levelââ¬â¢s in Maths and IT to a grade B standard. Those who meet these requirements will be shortlisted as suitable candidates because they meet the exact requirements or are slightly above these requirements however they are not guaranteed to get the job but have a good chance. There is then possible candidates which may meet some of the requirements such as they may have the qualifications but not enough experience which could then mean if they are employed, they will have to go thorough a comprehensive induction programme and be well trained by a more experienced technician and this could cost the business a lot of money but on the other hand they may have some characteristics that other candidates donââ¬â¢t have such as they may be more able to speak multiple languages which could be helpful because the business may communicate with other countries on a regular basis with suppliers an customers. Finally those candidates who do not meet the requirements will be rejected and can no longer continue in the recruitment process. This can be down to a number of reasons with the most obvious being that they do not meet the requirements or they have provided false details. The job description and person specification must be used as the basis for short-listing. 6) Interview the applicants ââ¬â The interviewer must also be prepared when interviewing the candidates that have been shortlisted. They will need to come up with a set of questions to ask the candidates and this can either be done themselves or they can get a panel of from the human resources department to do interview. The questions that are set must be asked to all candidates in the same manner as it states in the equal opportunities requirements policy. Since this will be the first time that the employer and candidate meet face-to-face, they will need to make a good impression by greeting them with a warm welcome and shaking hands is a good way to start a mutual relationship with the employer since the interview may be appointed the vacancy. The interviewer or panel will have a list of criteria to see how the candidate compares to the requirements for the job. It is essential that the interviewers carry copies of the candidateââ¬â¢s application forms, curriculum vitae and to support this, a covering letter will be required. To get the best out the candidates being interviewed, they must be relaxed and be able to answer questions calmly and correctly so the interview knows everything they need to know about the candidate and their personality. Questions in the interview should be have a mixture of open and closed questions and will be predetermined and should be all-round such as asking about previous jobs or company such as: 1) What do you think of the last company you worked for? 2) Why did you join your previous company? 3) Did they live up to your expectations? 4) Why are you leaving now? 5) What did you earn in your last job? Also asking questions relating to the new job / company such as: 1) Why do you want this job? 2) What qualities do you think will be required for this job? 3) What can you contribute? 4) What interests you about our product (or service)? 5) What can we (the new company) A list of questions could be asked relating to the candidate such as: 1) How do you handle criticism? 2) How would you describe yourself? 3) How would others describe you? 4) Do you consider yourself successful? 5) What was your greatest success? Body language and posture is also important during an interview as candidates are not just judged on their communication skills. The interviewer and the candidate want it run as smoothly as possible and both should sit in the correct way such as having their feet firmly on the floor and using gestures with hands if necessary For it portrays that youââ¬â¢ve difficulties controlling your anxiety about the interview process if the candidate is not seated comfortably. Making good eye contact with the candidate being interviewed is very crucial. The feeling of not getting the intervieweeââ¬â¢s attention can be frustrating and will give the wrong impression to the interviewer. When asked a question that the candidate finds difficult and requires time to think, it is not good to frown. Facing the question with a smile proves that youââ¬â¢re composed at stressful situations. When closing the interview, the candidate should possibly raise any questions they have for the job role or about the business they will be working for however, there shouldnââ¬â¢t be a long time spent asking questions as can get tedious. The interviewer should then politely thank the candidate for appearing and answering the questions they have been asked and hope they have a safe journey home. 7) Select and Appoint the Best Candidate ââ¬â this is the final stage of the recruitment process were candidates have been interviewed everything is taken into account and the interview is then evaluated. The employer will select the candidate that has been exceptional throughout the process and has been rated highly in all areas. The candidate will be contacted via a telephone call to notify them that they have got the job and then it is up to the candidate on whether they would like to fill the vacancy and if they accept, they will have to make a formal offer and if it goes according to plan, the candidate and the employer will meet formally to finalise the process of recruitment and formally agree on the job however, the employer will want references before the candidate takes on the job. This is known as the appointment stage. Once they have been contacted and recruited into the business, They are expected to start their new job however, if the chosen candidate should refuse the job then the business will require the second best candidate to step forward and they will be contacted immediately to inform them of what has happened and why the decision has changed. For the unfortunate candidates that have not got the job and have been rejected, the will be provided with feedback on why they have not been employed and how well their interview went.
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