Monday, September 16, 2019
Profit
1. a. The total explicit cost is $793,000($970,000-$177,000). The total implicit cost is $190,000($175,000+. 15X$100,000). The total economic costs is $983,000($793,000+$190,000). b. The accounting profit in 2010 is $177,000($970,000-$793,000) c. The economic profit in 2010 is $-13,000($970,000-$793,000-$190,000). d. The owner should not leave his job because the economic profit is negative, which means he will earn less if he does his own business. 2. a.The type of agency problem that is involved here is principal-agent problem. Marriott wants to maintain a certain level of quality at all of its hotels, but in order to do that it would require capital investment by franchisees. By investing in the hotels, the franchisees are losing profits. b. I believe that Marriott needs to worry about the quality of all the hotels whether they are owned or franchised. In order to keep customers satisfied and coming back to stay at a Marriott they need to keep a good reputation. c.Marriott would t end to own its hotels in resort areas because the people will be more focused on the quality and upkeep of the hotel itself. By Marriott providing good quality in resort areas it will help them gain more business in downtown areas due to the customersââ¬â¢ previous experience. In downtown areas it is also more difficult to find a high quality hotel. If people do not have a good experience at a Marriott then the next time they need to stay in a hotel they will travel further down the street to a different hotel due to the poor quality of the previous Marriott stay.The reputation of the Marriott depends highly on how much business it will have. A good reputation will lead to great profits. 3. a. I would expect the price of wine to decrease as well. b. I would expect the price of wine to decrease because the quantity demanded for wine will increase. c. I would expect the price of wine to decrease as well because the quantity demanded will increase due to people having a job and maki ng more money. d. I would expect the price of wine to decrease.A rise in the price of cheese will decrease demand for cheese, which should decrease demand for wine which in turn will decrease the price for wine. e. I would expect the price of wine to increase due to the increase in prices of the wine bottles. f. I would expect the price of wine to decrease since it will be cheaper to produce. g. I would expect the price of wine to decrease. h. Since older people drink less wine, demand would be falling in this case. As a result, the price would decrease. 4. a. 5.I believe that the equilibrium price of products gaining a presence on the Internet will increase because the quantity demanded will be higher and the equilibrium output will also increase. Since it will be new to the internet the demand will increase which will make the price increase as well. 6. MC=MR 1000-10P=40P 50P=1000 P= 1000/50 P=20 units (reduction of pollution units) 7. a. MB=MC MC is w=200 and MB from hiring a sec ond worker is MB(2)=(30-20)X25=250 TB=(50-20)X25-(200X2)=750-400=350 The firm will hire two guards. b.The benefit from the first guard is: B(1)=(50-30)X25=20X25=500. The maximum payment to the first guard the firm will be willing to pay is $500. c. MC=200 MB(4)=(14-8)x50=6X50=300 TB=(50-8)X50-(4X200)=1300 Therefore the firm should hire 4 guards. 8. a. Price=MC 70=40+0. 005Q; Q=6000 The MR for each unit of output is the same at $70. b. TR=70X6000=$420,000 TC=10,000+(40X6000)+(0. 0025X(6000)^2)=$340,000 Total Profits=$420,000-$340,000=$80,000 c. MR=MC therefore providing one more unit of output will earn $70 and cost $70 so there would be no profit.
Sunday, September 15, 2019
Mountain West Health Plan Case Analysis Essay
PROBLEM STATEMENT a. FACTS OF THE CASE: Mountain West Health Plans, Inc. ââ¬â Denver-based health insurance company Martin Quinn ââ¬â Senior Vice-President for Service and Operations Evelyn Gustafson ââ¬â Former and retired Director of Mountain West Customer Service Department. Her motto ââ¬Å"always put yourself in the subscriberââ¬â¢s shoesâ⬠. In her time, there were only 10% turnover rates in the department compared to the typical 25% to 45% rate for customer service representative. She firmly resisted all attempts to increase efficiency and lower cost in the department where salaries accounted for close to 70% of the budget. Erik Rasmussen ââ¬â newly hired Director of Customer Service, the replacement of Ms. Evelyn. He is a young man in his late twenties with a shiny new bachelorââ¬â¢s degree in business administration. The management tasked him to bring down the cost on the department. Under Mr. Erick, the company, for the first time measured the representativesââ¬â¢ performance and used software that generated automated work schedules based on historical information and projected need. Also, the company cut back on training. The department cost was finally heading downward, though department morale was downward, with the current turnover rate climbing at 30%. Also receiving more complaints from subscribers of inaccurate information from inexperienced or representative who sounded rushed. b. KEY PROBLEMS How Mr. Quinn will address the issue of low morale among the employees in the customer service department and its high turnover rate, while keeping and meeting the goal of the company to increase efficiency and lower the cost incurred in the department? KEY OBJECTIVES To meet the company goal to increase the efficiency of the customer service department and lower its cost. To uphold the morale of the employees and to reduce turnover rate from 30% to 10%. ANALYSIS OF CAUSES A. Analyzing the leadership and management style of Ms. Evelyn and Mr. Erik, including their strengths and weakness, and their source of influence: MS. EVELYN GUSTAFSON MR. ERIK RASMUSSEN Behavioral Approach People Oriented ââ¬â attention to people Task Oriented ââ¬â attention to task Leadership Grid Country Club Management ââ¬â Thoughtful attention to the needs of people for satisfying relationships leads to a comfortable, friendly organization atmosphere and work tempo Authority-Compliance Management ââ¬â Efficiency in operations results from arranging conditions of work in such a way that human elements interfere to a minimum degree. Strength Consideration and motivation of the needs of her subordinates, a happy work environment as a result of her good interpersonal relationship. Valued the interest and personal development of her subordinates. Focus on productivity and efficiency in the accomplishment of organizational goals. Weakness Uncontrolled cost in her department result of excessive flexibility and too much focus on employeesââ¬â¢ personal concern. Inability to analyze the internal culture, less concern of his subordinatesââ¬â¢ personal development, interest and needs. Source of influence Legitimate power ââ¬â authority granted from a formal management position in the organization. Reward power ââ¬â stems from the authority to bestow reward on other people. Referent power ââ¬â comes from an individualââ¬â¢s personal characteristics that command othersââ¬â¢ identification, respect and admiration. Legitimate power and Coercive power ââ¬â refers to authority to punish or recommend, and the opposite of reward power. Leadership of Ms. Evelyn ââ¬â She is focus on people, highly concerned on the needs and interest of her people. She believes that when people are happy, contented and comfortable they will work hard to accomplish the organization goals. She sees that it is easy to gain the support of people, when its leaders fosters respect andà fair treatment, considers their needs and interest, and shows trust in them. Source of influence ââ¬â From the authority of being a manager, she has access on giving rewards e.g., flexible scheduling, fr equent breaks, offering plenty of trainings opportunities. She used this to gain influence on her people. Leadership of Mr. Erik ââ¬â He is more concerned on the accomplishment of goals rather than people. He believes that employeeââ¬â¢s needs plays secondary to the need of effective and efficient work places. His type of leadership views that ââ¬Å"employees are only tools in accomplishing taskâ⬠. Source of influence ââ¬â from the legitimate power given to him by management, he ensure to get things done, and with the achievement he got support from the top management. B. It is also important to note the Style of Followership of the subordinates of these bosses, to further analyze the existing concern of the department. The employees in the customer service department could be describe as: a. Dependent uncritical thinker ââ¬â does not consider possibilities beyond what he or she is told, does not contribute to the cultivation of the organization, and accepts the supervisorââ¬â¢s ideas without thinking. DEVELOPMENT AND SELECTION OF ALTERNATIVES (ADVANTAGES AND DISADVANTAGES) ALTERNATIVES ADVANTAGES DISADVANTAGES To recommend Mr. Erik to a particular leadership training that would develop his leadership skills. He will be more effective leader as he develops an interactive leadership style. Measurement is reduction of turnover rate in his department. It would somehow take time, as leadership style cannot be acquired overnight. To give Mr. Erik another task to accomplish: to promote strategies that would increase efficiency and effectiveness of his people and at the same time minimize turnover rate. Being a task oriented leader, Mr. Erik will ensureà that he will accomplish this task, which will make him realize that he would attain it by being concern on the interest and needs of his people. If Mr. Erik will take it another way around, he might insist on his authority to accomplish the new task. Job Enrichment ââ¬â giving employees control on the resources in performing their tasks, give them elbow room on how they will accomplish their task, give them opportunity to grow, and give them a set period to accomplish it. Employees would have greater sense of responsibility with their involvement and commitment on the task. Increase motivation Contributes high morale Low turnover High performance Management may lose control on employees RECOMMENDATIONS/CONCLUSION: Recommending combination of alternative 1 and alternative number 3 ââ¬â Job Enrichment, this alternative would be more effective, than the existing statistical standards that emphasized speed, recording the customer service calls, using of software to generate automated work schedules. This will promote high morale, as you will be considering people big part and contributor in the accomplishment of task and not as a ââ¬Å"toolâ⬠only. While at the same time, Mr. Erik undergoing a leadership training to enhance his people skills, being young, he is more focus on promoting himself as achiever. It is but typical to young professional, but as he goes along, he will start to develop his leadership style with balanced skills on both people and task. WORKPLACE APPLICATION In my company, I observed different styles of leadership. The most prominent in my heart, is the leadership style of my immediate boss. She is woman, her immediate subordinates are both male, I agree on the women rated higher almost in all aspect in leadership ability as shown in Gender differences inà leadership behaviors. I also described her as follows with the following situations that she exhibits as a leader: Servant Leader ââ¬â she fosters selflessness to serve both people and organization. Her personal vision ââ¬Å"to have one million employeesâ⬠, she even gave away to her people some precious personal things e.g., cellphone, bags, shoes, clothes. Authentic Leader ââ¬â she demonstrate high level of passion and commitment, leads with her heart, have compassion for others, have the courage to make difficult decision, she loves to be surrounded by good people and contribute to their growth. She is never after on any merit or credit, she preferred it be given to her people. She always treats trainings and development of her people as investment. She sends me here as full scholar.
Saturday, September 14, 2019
The Hovey And Beard Company Case
Most workplaces today are becoming increasingly diverse as people of different genders, races, cultures, ethnic origins, and lifestyles find themselves working together. As a result, the workplace is becoming increasingly multicultural. Some organizations are just now encountering the effects of a diverse workforce, while others are trying to overcome the challenges created by diversity. However, no matter where an organization is in this development, the challenge is to ensure that its workforce's diversity is a source of strength, not one of conflict.Effectively managing this diversity, then, is a critical component of success for today's employer. This is the reason many employers are offered or offer cultural diversity training and conflict management training. Diversity is a business reaction to the fast cultural and sociological events and changes. Differences in personal work style, skills or talents, education, and geographical location are examples of other diversity dimensi ons that make a difference in how we work together as a corporate team. When managed effectively, these differences broaden organizational capability.Management and Diversity Understanding Diversity In order for management to make diversity work, managers must first understand the definition of diversity. Most simply explained, diversity encompasses all of the ways in which individuals are both similar and different. According to Lee Gardenswartz, ââ¬Å"Diversity involves variations in factors we control as well as those over which we have no choice. These factors give us areas of commonality through which we can connect with others and aspects of difference from which we can learnâ⬠(p.24).These same factors also represent areas of trouble where conflict may develop. Today, cultural diversity is a business reality. The ability to build bridges between people from different countries, with different ethnic backgrounds, is as important as any other business function. Working in a culturally and ethically diverse organization does not mean eliminating differences in styles and approach, but celebrating those differences and revealing the much strength that diversity brings to an organization.ââ¬Å"Today diversity refers to far more than skin color and gender, it is a broad term used to refer to all kinds of differences, these differences include religious affiliation, age, disability status, military experience, sexual orientation, economic class, educational level, and lifestyle in addition to gender, race, ethnicity, and nationality, (as cited in Bateman & Snell, 2007, p. 398). There is a multitude of ways in which humans are both alike and different. Some of these differences have an impressive effect on our opportunities and experiences, while others have relatively little impact at all.Diversity can be seen as ââ¬Å"four concentric circles,â⬠at the center of which is personality (Gardenswartz 24). Personality is a distinctive aspect that gives each person his or her own particular style. This core aspect pierces all other layers. Beyond the central core of personality are the six internal dimensions of diversity. These are aspects over which people have little or no control. They include gender, age, sexual orientation, ethnicity, physical ability, and race. In addition to internal dimensions, external influences such as social factors and life experiences also have an impact on how people are treated at work.Some examples of these external influences include: where an individual grew up or lives now, whether they are married or have children, how their religious affiliation guides them and the amount and type of education they have. Finally, the fourth layer encompasses organizational influences related to factors such as seniority, the kind of work an individual does, their level within the company, and their work location. All of these layers together form one's own diversity filter.The human resource approach focuses on the relationship between people and the organization, and recognizes that cultural diversity includes every employee. It must be understood that people are the most important resource in an organization. The challenge is to successfully apply skills, insight, energy, and commitment to make an organization better. Another challenge that must be met by many organizations is to design ways for employees to expand their individual comfort zones. Once diversity is accepted as an organizational value, new assumptions about its positive benefits surface.As cultural awareness builds and the culture changes, conflict is viewed as part of the change process. Diversity Related Attitudes. An employee attitude of acceptance of culturally different people is taught to individuals from the time that they are children. For the most part attitudes are learned from other people. Though it is hard to accept that the attitude a group has was invented, one person generally creates this attitude. An individual's attitude tends to be the same as his or her relatives, co-workers, and friends. Attitudes are also learned from people who have high or low prestige.Then once these attitudes have been learned, they are reinforced. The problem is, figuring out how to change an individual's attitude. Management must learn how to change employee attitudes against great resistance. Employees will resist any kind of change if the plans for the changes are not clear. People want to know exactly what is going to happen. Each employee will see different meanings in the proposed changes; they see what they want to see. This means that women and minorities will be seeing job opportunities while white males see reverse discrimination.In order to implement change management needs to learn to recognize the different types of resistance that may occur within the organization and know how to handle the situation. Organizational Barriers to Diversity There are numerous concerns that establish strong b arriers to moving forward with diversity. The cost to implement the necessary changes to be made is one major cause of resistance. Management must be convinced that though the short-term costs may be high, the long-term benefits are worth it. There is a fear of hiring unskilled, uneducated employees.The question to be answered here is whether the investment is too big, will the employees stay and will they be able to do the job? Organizations have been pulled toward affirmative action as a way to make the work force equal, but the perception still exists that any affirmative action candidate is someone chosen merely to fill a position. This person is not hired because she may happen to be the best candidate for the job. Management needs to also be aware of reverse discrimination, because one person's gain can be perceived to be another person's loss.Finally many people do not see the need for diversity. They do not view diversity as a top priority issue and that is why it is managem ent's job to embrace this issue and help employees understand it. If management wants to create a more open and responsive organization, all of these barriers need to be identified, acknowledged, dealt with, and overcome. Embracing Diversity. Embracing diversity is about creating a new organizational framework. Management understands that the way to do this is by creating an inclusive environment at work.Inclusivity implies complete openness, an environment that greets any person who can do the job, regardless of race, age, gender, sexual orientation, religion, ethnicity, or physical ability. In order for organizations to achieve a more open culture they need to welcome and accept employees for their different lifestyles. Every segment of the population needs to be represented in the executive suite. Each group attending a meeting should have ample time to speak and express their views. Groups need to be diversified and discourage slander.Interaction between cultures is a source of knowledge, growth, and progress. Many organizations find that the biggest benefit from a diverse work force is problem solving. When cultures meet, there is increased creativity and all around better results. An organization's ability to make corrections and change directions will determine if they will survive. An inclusive environment accepts people as they are. That doeââ¬â¢s not mean feedback is not given, it merely means that each person is accepted for who he or she is and is valued for the talent they bring to the task at hand.Employees rarely produce their best work when they have to fit into someone else's mold. This will also minimize resistance and maximize commitment. Helping Employees Adjust to Change Commitment to becoming an organization that embraces diversity requires going from a monoculture to a multicultural organization. Expect the changes to be unsettling, the organization is in a transition of what it is and what it is trying to become. Management needs to help employees understand why these changes are as important to not only the company as a whole but also to them as employees.It is also important to set measurable criteria so employees can recognize when a change has been successful. Employees want to know that something better awaits them and it is management's job to show them that by supporting these changes everybody will benefit. Training is necessary for all individuals in an organization especially in the area of how to deal with intercultural conflict. There are changes visible today that were not there several years ago and the same goes for the future of every organization. Teaching New Employees the Ropes New employees will go through five stages when first entering into a new organization.The first stage is rejection and resistance. People instinctively protect themselves against what is new and different. Managers must learn to understand and accept initial rejection and resistance and refrain from pushing employees b eyond their fears. Stage two involves isolation or withdrawal. People have more similarities than differences; therefore, it is important for management to structure opportunities that will bring people together. In the third stage individuals are beginning to assimilate and adjust to the norms of the organization.It is sometimes hard for new employees to recognize what to adapt to. This is the time for management to create a buddy system or a crash course on how things work in this organization. It is in the fourth stage of coexistence that new employees find ways to exist within the dominant culture of the organization without sacrificing themselves. It is important for the company to find a way of portraying the message that it is okay to be different. The fifth and final stage of this process is integration. The new employee is no longer the odd person out, but a regular member of the team.Here is where management needs to continue to emphasize a need for respect of differences, both organizationally and individually (Gardenswartz 287-288). Celebrating Diversity Managing diversity is an organizational process by which human resources are identified, allocated, and expanded in ways that make them more efficient. Successful diversity initiatives allow an organization to improve its productivity. Another basic objective is to create self-renewing, self-correcting systems of employees who learn to organize themselves in various ways according to the nature of their tasks and their cultural perspectives.In order to be very effective, a diversity initiative must be planned organization wide, and coordinated from the top through planned activities and interventions. It must be understood that working with culturally different people, is not always easy. Nor is it always understood and appreciated by employees. There will be failures. But, managing diversity is good human relations and it is good business. During this time of transition it is important for manager s and supervisors, as well as their subordinates, to remember that progress has been made. Making Diversity WorkDiversity is about acknowledging one's own reactions to differentness and the discomfort it causes. Dealing with diversity is about taking a look at why holidays, practices, values, or languages different from the norm trigger feelings of threat that build walls between people. People who accept themselves are less threatened by those who are different. Every change has both positives and negatives attached to it. If employees do not get beyond their fears, they will not get beyond the resistance to change, and diversity efforts will continue to be spoiled.All people have patterns of behavior that have become involuntary and routine over the years. Confronting diversity shakes up these habits because many old behaviors no longer work in the new organizational environment. People need to go beyond ethnocentrism and recognize and accept individuals for their differences. It is important to emphasize the similarities we share in order to create a pleasant work environment. Managers need to remember that values should be demonstrated through actions, not words. It is very easy to say you value diversity but it is another thing to put your words into action (Gardenswartz 520).After all, diversity includes everyone. What do we have to do to create and foster a workplace climate where everyone feels welcomed, valued, and respected? This is a central question in the diversity research I have held. The response centers on becoming more aware that each individual's behavior towards others contributes to the climate or atmosphere. The most common reason offered for why more attention is not paid to these issues is that ââ¬Å"we're too busy. â⬠To implement a successful diversity program, however, these three practicesââ¬âwelcoming, valuing, and respectingââ¬âmust receive regular and deliberate attention.Welcoming we usually think of welcoming as s omething that happens when an individual first joins an organization. People need to feel welcomed regularly throughout their employment. Almost everyone wants to be recognized by others and to know that their presence is important to the organization. Co-workers feel connected when their presence is acknowledged on a regular basis. It is easy to speak only with certain people, those we consider our friends or those with whom we work most closely. Speaking to those we pass in the hall or as we pass by their desk can help others feel welcome.It is easy to assume that once we've been here awhile, we no longer need to greet each other regularly. In these busy times, how often do leaders in the organization walk through the library speaking to staff? We need to avoid coming to others only to resolve problems, or to request or pass on information. Employees need to know that people in leadership positions are aware of the work of each unit, recognize that people are working hard, and car e about the employees' well-being. Activities where staffs meet and talk outside of their own units is another way to encourage interaction and sharing.Usually such activities are held only once or twice per year; employees often interact only within their immediate department or division most other times. Focusing on how to make others feel welcome can help to address other issues, such as classism (support staff interacting separately from librarians) or cliques (certain people only talking to certain others). Ignoring barriers that create divisions will not enhance efforts to foster a workplace supportive of a diverse staff. Valuing how do co-workers demonstrate that a colleague's contributions are valued?It requires an awareness and knowledge of the roles and responsibilities of others. We must seek examples of work being implemented or services being used. We must take time let individuals or units know that we have noticed and are appreciative of their work. Valuing requires u s to take an interest in others: their activities, work, and progress. We need to act on what we learn by engaging others about their work. We must listen and respond when colleagues share their progress; this includes offer encouragement when we see colleagues experiencing challenges in their efforts.Valuing is demonstrating to others that their presence and contributions are noticed, make a difference, and matter in the organization. Rewards or recognition must have meaning to those to whom it is given. A certificate may be less effective than sharing a break with someone to discuss their work and their contributions; a salary increase may have more impact if someone in a leadership role shares how much the contributions have helped the organization accomplish its goals. Respecting In the context of diversity, respecting is finding ways to demonstrate our regard for the quality of work and the contributions of others.Asking co-worker questions about their work, or offering observa tions about what is most impressive in their project is a good way to show clearly that we respect another's skills and talents. Showing an interest in another's projects, being aware of their personal work goals, or just knowing that a co-worker attended a seminar, all provide opportunities for dialogue and exchange. Supervisors often expect employees to come to their offices or to make appointments to talk about their work; many employees will avoid such meetings because they do not wish to give the appearance of a problem.What employees often are seeking is acknowledgment that their supervisor is aware of their work, and cares enough to ask how things are developing. This means senior administrators may need to talk directly to staff, otherwise they will not know that leadership has noticed or cares. Some administrators send messages through supervisors, when a direct note, phone call, or email would have a much more positive effect on self-esteem and a sense of personal accompli shment.While these three factorsââ¬âwelcoming, valuing, and respectingââ¬âmust be applied to the entire staff, they are especially important if the organization plans to successfully retain minorities in the workplace. It is challenging to be the only one, or one of few in a minority group. Those in the majority group must make a conscientious effort, on a regular basis, to ensure that minorities are aware and truly believe that their presence and contribution as an employee matters. Workplace diversity is a multi-faceted concept that continues to evolve as more industries move toward a global marketplace.Most people hold the belief that every human being is of equal worth, entitled to the same privileges and opportunities, without regard to race, gender, disability or age. This fundamental belief has led to changes in management practices primarily relating to the recruitment, training and retention of employees who reflect the changing face of the American workforce. In or der to understand the necessities and benefits of managing workplace diversification, the concept must be fully explored. What is diversity? Can it really be managed?In the broadest sense, the management of diversity is a business's reaction to rapid cultural and sociological changes. Internally, diversity management means providing a climate where all employees feel that they are valued by and contributing to an organization. Externally, it means that organizations are flexible and astute about changes occurring in world markets. The hard truth, however, is that inequalities exist for employees within organizations due to stereotyping and preconceived ideas about a person based on race, gender, religious or cultural origins, age, physical ormental limitations, and more. Racism, sexism, homophobia, etc. cannot be managed away. It is precisely these beliefs and perceptions that necessitate managing diversity at all. Managing diversity is not affirmative action. Affirmative action and the language of equal opportunity came as a political response to the social outcry over the racial and social injustices that limited equal access to the workplace. One of the problems with affirmative action is that it began to be perceived as a public relations scheme more concerned about quotas than about individuals.Managing diversity strives to ensure that when an individual is hired, they should be able to trust that they have been chosen because of their unique qualifications, not because of gender or ethnicity. We have moved from a use of words like fairness, inequality, and injustice toward terms such as ethnic diversity, political correctness, and cultural consciousness. Have we changed our perceptions of the problems of workplace inequality or just the way we describe it? Diversity consciousness cannot be simply mandated into a system, integrated into a corporate culture, or prompted by financial incentives.It is reflective of an attitude that organizations and their st affs must adopt that allows them to change their basic concepts about workers and converts ââ¬Å"themâ⬠into ââ¬Å"usâ⬠. In addition, Multiculturalism is the Work Place In this millennium, diversity in society has increased rapidly; however it is the belief of many people that some aspects of the work place are still struggling when asked to look into this issue. On the other hand, there are many organizations beginning to accept and value the importance of diversity.I believe both employers and employees should reflect on diversity of cultural prospective, age, gender, ethnic background, and levels of education. Every company should focus on diversity development due to an increasing minority and immigrant population that is positioning itself to assume the roles of the traditional workforce. As the demographic shift accelerates, race relations will continue to grow in importance. Bearing in mind, the inclusion of a more ethnically diverse staff requires a new workforce philosophy.It is my belief that every organization should be held accountable for not focusing on a diversified labor force and not taking advantage of the strength that come as a result of a diversified labor force. In order to obtain effective results one should understand what diversity is, and how it affects the mechanic of an organization. Once this is established, the next step would be to learn how to manage diversity in the workplace and what kind of environment managers would have to create in their company to educate employees about cultural diversity.Diversity in the work place is perhaps the most important issue we need to address because ignoring it can have lasting effects on the success of businesses. Research suggests, the key to successfully building a diverse, high-quality workforce for tomorrow begins with a strong leadership commitment and knowledge of where industries stand today. Ensuring strong commitment to a diversity program is essential. This includes the critical components of top-level leadership support and the commitment of necessary resources to make new initiatives a reality.A successful diversity program needs a close continuing partnership between human resources and Equal Employment Opportunity (EEO). Companies should focus on communication strategies and diversity training for managers, supervisors, and employees. Companies should provide training to all staff and mangers about practical ways to make a diverse workforce for the entire company. This may include such subjects as the value of understanding differences and cross-cultural communication.They might also provide cultural awareness, the ability to initiate and manage cultural change within the organization to impact organizational effectiveness. Companies could also sponsor special observances to help educate the general workforce about the contributions of diverse work groups and/or help eliminate some of the stereotypes that serve as impediments to full employmen t value. This will allow groups to value cultural diversity and other differences; fostering an environment in which people that is culturally diverse can work together in achieving organizational goals.Other perspectives showed Therefore, the organization can benefit itself by understanding what cultural diversity is, why it matters, and how to effectively manage your businesses diversity. I strongly believe that diversity works. I speak in those terms as I experience the beauty of diversity daily. Diversity is the new culture of today's society. Not only do you get to work to achieve company goals, but you also gain knowledge about other cultures. You begin to understand, value, and respect what is different about yourself from others.Cultural diversity should matter to everyone personally and professionally. Companies should focus on both sides. Society should be able to understand that the impact that diversity has on a company and the global market is highly important. Society should learn what is in it for them as an employee as well as for the company as a whole. Diversity is beneficial in always and simply makes sense. For our businesses and communities do not survive, but thrive on the differences in cultures. Our communities are rich with resources. When segments are respected and utilized, it benefits us all.
Expected Pattern of Development from Birth to 19years
Expected pattern of development from birth to 19years AgePhysicalCommunication and intellectualSocial,emotional and behavioural 0-3 monthsGross- waves arms and brings hands together over body. Fine-clasps and unclasps handsThrough crying and physical contact. Smiles back when they see a smiling face.. Babies may stop crying after they are picked up or by hearing a familiar voice. By 3 months they get excited when its time to feed 3-6 monthsGross-rolls over from back to front and moves head to watch others Fine-reaches for a toy and moves it from one hand to anotherEnjoys rhymes and action songs. Uses sounds to gain attention.Can laugh showing a range of feelings. Stops crying when talked to and reaches out to be held. 6-12 monthsGross-sits unsupported and likely to be mobile e. g. rolling or crawling. by 12 months may stand alone briefly. Fine-grasps objects with index finger and thumb. Starts to babble and enjoys looking at books. They also watch and copy adults. Is affectionate tow ards family and primary carers but discriminates between strangers and family. plays peek-a-boo. 1-2 yearsGross-may walk holding onto furniture, by 2 years will walk unaided. Fine-uses spoon to feed, can hold own cup and will start to scribble. Also read: Child Development Not Following Expected PatternWaves bye-bye, fingers point to objects to draw attention to adults. Less babbling and more recognisable words e. g. ââ¬Å"noâ⬠,â⬠comeâ⬠Cries when left with someone they donââ¬â¢t know. keen to explore as they become more confident. Also interested in other children but does not play cooperatively. 2-3yearsGross-uses sit and ride toys and able to run. At this stage they are able play on slides. Fine-draws circles and turns pages in books. Points to pictures of familiar objects and names them. Start to recognise shapes. Starting to use sentences or putting words together. Playing imaginatively e. g. on the home corner.Shows kindness Begins to understand anger and feelings. Gets frustrated when they don't get what they want. Separation from carers remains an issue for some unless they know who they staying with. 3-4yearsGross-walks upstairs with alternate feet. Runs backwards and forwards. throws a ball. Fine -draws face with features washes and dries hands with help. Use language to say how they are feeling because speech is understandable most of the time. Can name some colours and can verbally count to 10. constantly asks questions. Listens attentively to age appropriate stories. Start to understand the consequences of own behaviour.Can express their thoughts resulting in decrease in tantrums. Seeks approval from adults. 4-5 yearsGross- aims and throws ball, walks in a line. Climbs ladders, tree and playground equipment. Fine-draws a person with head, trunks and legs. Memory develops which allows recall of songs and rhymes. Imagination develops. Start to understand symbols e. g. writing and reading. Aware of others emotions and gender roles. Will follow basic rules and seeks play with peers in groups. Attends to own toilet needs 5-6 yearsGross- runs quickly and able to avoid obstacles. throws a ball to a partner and catches it.Fine-has control of pencil to form letters. Colours in pic tures. Attention span increases and the development of vocabulary extends communication. Most children know the alphabet and can name upper case and lower case. Enjoy a joke. Physical care needs are developed. Understand the rules of games. Often has one or two focused friendships. 6-7yearsGross-hops skips and jumps confidently, balances on a beam and uses wheeled toys e. g. roller skates. Fine-cuts out shapes accurately. ties and unties shoelacesShows reasoning skills but still using trial and error learning. Able to carry adult like conversations.Uses appropriate verb tenses, word order and sentence structure. Have strong friendships. Develops self help skills e. g. wiping up spills. Uses language rather than tantrums or physical aggression to express displeasure. 7-12 years Gross- Increased coordination skills which allow more concentration on games like football/netball. Fine-skills are refined allowing work like model making and typing. Able to reason and use logic to solve pro blems. Show creativity in role play. Begins to use information form one situation and transfer to another.Some are keen to show inappropriate behaviour to gain attention from adults and admiration from other children. 12-19 yearsPuberty begins for boys between 14-17 years and for girls between 13-16 years. May became sexually active Gross-stamina increases which allow for them to walk for longer distances and take part in energetic sports. Fine -increase of strength in hands enables movement such as twisting lids of jars. Question sources of information e. g. parents,books and teachers. Start to change physically and hormones affect their mood. Making a transition from dependence on family to independence.
Friday, September 13, 2019
Diabetic Essay Example | Topics and Well Written Essays - 3000 words
Diabetic - Essay Example Social support is getting support from friends and family who give assistance and comfort. Having the social support can improve the psychological well being of the patient (Schwartz, 2000). The relationship that exists among social support life stress, patientââ¬â¢s locus of control and the blood glucose control become evaluated in individuals with diabetes mellitus, using the objectives measures of the psychosocial variables. Fasting Blood Sugar (FBS) and Glycosylated Hemoglobin (Hgb A-1C) control measures become taken at two regions for them to check the problems of the psychosocial variables on the change in diabetes control. A decrease in the social support leads to the worsening of the long term glycosylated hemoglobin control over time (Hellier, 2009). According to medics, diabetes is a progressive disease that surfaces as impaired glucose intolerance with a high level post meal glucose. These high glucose levels increasingly demand the pancreas to secrete additional insulin leading to a state of hyperinsulinemia. Nevertheless, the body gets resistant to insulin, and it later develops lack of insulin and high fasting glucose levels. This pattern represents Type 2 diabetes. The eventual exhaustion of the islet cells leads to the absolute lack of insulin presenting type 1 diabetes. To patients suffering from diabetes is quite a frightening experience, and the patients require all the physical and emotional support they can receive from their loved ones (Schwartz, 2000). The patients suffering from diabetes often complain of anxiety and fear about the future, experience fluctuations in their moods and find it difficult to cope with their daily lives. They also get tired at times. Depression is another common and dangerous complication witnessed by the people suffering from diabetes. The diabetics with depression posses a high rate of recurrent episodes of depressions in the preceding five years. Depressed persons do not have the motivation to
Thursday, September 12, 2019
Compare and contrast the use of the death penalty around the world Essay
Compare and contrast the use of the death penalty around the world before explaining why you believe it will or will not be abolished in the near future - Essay Example As at present, it was also used to deter other persons from committing more crime in the society. The crimes deemed worse by the society absolutely received the death penalty. In western countries, capital crimes like murder, treason and or espionage received the capital punishment that is a death penalty for the accused. In Middle Eastern countries, sexual crimes that included rape, incest or adultery and sodomy were the worst crimes and the criminal received death penalty. Other authorities recognized drug trafficking, human trafficking and religious crimes as serious crimes that deserve the death penalty. Most armed forces around the world termed any crime committed by a soldier like disobedience, spying as a capital crime punishable by death penalty. Since the past forms of capital punishment were more inhumane, there was a need for more humane forms of punishments and in the 18th century, most countries adopted modern methods to execute the death penalty. The guillotine was introduced in France, electric chair in Louisiana State, death by firing squad and lethal injection in most western countries. The Death penalty is in use in almost all countries in the world. In the recent past, most countries have done away with the penalty. Statistics shows that 103 countries have abolished the use of the penalty, 6 countries only use it for crimes committed in extraordinary circumstances like during war, 50 countries have not used it for almost 10 years the penalty is under suspension. 36 countries use the penalty to date; it is in their law and practice. In Algeria, the death penalty is for crimes like espionage, treason and attempts to overthrow the government, destruction of countries territory, terrorism, massacres and manslaughter, participation in rebellious movements. Other crimes include torture, kidnapping, counterfeiting and aggravated theft.
Wednesday, September 11, 2019
International Developments of Accounting Essay Example | Topics and Well Written Essays - 4750 words
International Developments of Accounting - Essay Example After complete analysis it was observed that British airways have been in trouble deeply due the problems of loss in revenue, cheap air line competitions and others. On the other side Emirates enjoys good amount of profits and reputation and its free from problems. Recommendation is being made for British Airways to actively change their approach towards customer management and give special discounts and promotion apart from other advertising techniques in order to take care of current crises. In the last an analysis of performed in between US GAAP and IFRS and it was concluded that IASB and FASB should actively coordinate with each and try to get a reasonable solution for this dilemma so that the world of accounts is uniformed with IFRS and being followed by all the countries in the world. Introduction After the incident of 9/11 there were many things which got changed. One of the major changes which the companies have seen is the Airline industries falling from the Sky to earth. Th is was due to the fact that the aero planes were used for terrorism purposes. People avoided to travel by Air instead they use other means of getting from one place to other. Further to increase the problem recent recession gives all the businesses in the world a tough time. Airline industry was given further tough time and got financial crunch. In order to get our purpose we have selected British Airways as one of the Company and other airline selected is Emirates (A UAE based airliner). The Financial Data was compared using the Ratio Analysis. About The Airlines British Airways The flag carrier of Britain is known as British Airways. Headquarter of the airline is based in Waterside which is near the hub of the Airline at London Heathrow Airport. This is the largest airline of United Kingdom in term of Fleet size, international flight and international destination. Emirates Emirates airline is the national airline of Dubai, United Arab Emirates. Emirates are the largest airline of Middle East. It carries around 2,400 passengers per week. Headquarter of the airline is based in Dubai. (British Airways) (Emirates n.d.) Financial Statements Analysis We will analyze the financial statements ratios in the following criteria. 1. Profitability 2. Liquidity/Solvency 3. Working capital efficiency 4. Long term financial structure 5. Investorsââ¬â¢ perspective Profitability Return on equity In case of British Airways, the return on equity their percentage of return to equity holder is on a declining trend. The return on equity in the year 2009 was in the negative zone at 19% and the losses further increases in the year 2010 which makes the return on equity to further negative zone by 1% i.e. 20% in total. (Emirates) Whereas, in case of Emirates Airline is stated at 5% in the year 2009
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