Is Democracy the best type of Government Essay Example | Topics and Well Written Essays - 750 words

Is Democracy the best kind of Government - Essay Example In these social orders, popular government just served to encourage the interests of a specific tip top who had consistently been in power. The passage of new faces to the seats of administration was uncommon and frequently fleeting. For example in Vietnam’s case, the nation was controlled by a fairly chosen government where the Prime Minister was a cousin of the ruler of Vietnam (Halberstam and Singal, 2008). The equitable strategies started by this just government prompted the distance of enormous pieces of the populace, who in the long run inclined over to the socialist camp and started a rebellion. The majority rules system under Nguyen Phuc Buu Loc couldn't shield the interests of the numerous against the interests of the couple of. It must be remembered that Vietnam isn't the main country to have endured a majority rule destiny because of class partition and absence of uniformity. The mess in West Africa and the Horn of Africa is one more case of vote based disappointmen t that has demolished a huge number of lives. The equitable framework in these countries permitted the force hungry first class to expedite capacity to themselves leaving millions in edginess. The subsequent governments prompted the alienation of the majority which thus prompted bleeding common wars and resulting insurgency (Bassey and Oshita, 2010). The results of vote based system in these countries flagged a significant change in the very meaning of vote based system. What Abraham Lincoln announced to be â€Å"of the individuals, by the individuals, for the people† at Gettysburg (Wilson, 2006) has become â€Å"of the 1%, by the 1%, for the 1%† in the twenty first century (Stiglitz, 2012). Endeavors at advancing popular government across fringes have regularly demonstrated troublesome as well as unmanageable and risky. Individuals initiating the reason for vote based system for remote countries neglect to represent financial and noteworthy quirks that shape every cou ntry. A general public made out of innate frameworks as of now has its own form of administration however there are no bravura fair gatherings and parliaments to show the remainder of the world. Forcing an outside framework that the nearby individuals don't know about will never work in such a circumstance. The ongoing bombed tests at just implantation have flopped pitiably in both Iraq and Afghanistan (Shadid, 2005) (Hopkins, 2008). A majority rule framework requires sustenance from the grass root level to prosper. In the event that the foundations of the framework neglect to help it, at that point the vote based framework is open and powerless against abuse. Regularly just frameworks are misused not from the base however from the extremely top. Popular governments furnish the force hungry first class with various roads to control individuals at all levels in the public arena. Stieglitz (2012) has properly pronounced vote based systems to be illustrative of the top 1% surprisingly in a general public. The individuals in charge of undertakings in a popular government have the correct apparatuses and abilities to control the majority through purposeful publicity. It is unexpected and incomprehensible to understand that the very individuals who constrained Wall Street to crash were the very individuals who were rescued by the vote based government (Byrne, 2012). Crowds of everyday citizens hoping to possess Wall Street to forestall further monetary misuse were gathered together by state apparatus utilizing the very assets that these common individuals had paid for as far as assessments. It is deplorable that in the so asserted agent arrangement of vote based administration, the very individuals w

Marketing and Entrepreneurship Swiss Multinational Company

Question: Examine about theMarketing and Entrepreneurshipfor Swiss Multinational Company. Answer: The gave Nestle site shows that the organization takes part in increasingly limited time battles in Australia contrasted with its new-item dispatch. For example, the Healthy Active Kids battle that was propelled on 3 July 2016 was appropriately executed (Media 2016). This advancement focused on the Australian guardians who expected to illuminate their kids about the criticalness of smart dieting. Prior to propelling this battle, the organization had directed a review to assist it with comprehension and gauge it focused on crowd and their eating regimen. As per the examination, the organization saw that numerous guardians were worried about their childrens adjusted eating regimen. Settle in this way advanced and urged the Australian guardians to cook. This crusade is successful, and the organization needs to contribute it to expand the mindfulness level. The organization stands to profit by building its image acknowledgment in childrens hearts since schools discover a chance to win pr izes like The Kitchen Kart(Media 2016). With rates of heftiness expanding, numerous guardians will utilize the crusade to ingrain the way of life of smart dieting in their children. Actually, by advancing cooking, the guardians will reduce the expenses of social insurance that is eating into their discretionary cashflow. The Swiss Multinational Company is additionally offering additional help to the poor individuals from the general public, particularly the indigenous young ladies. Truth be told, it is financing their training. The crusade to help the young lady kid focuses on the instructive section. In spite of the fact that this financing program has been set up for a considerable length of time, it has now arrived at numerous optional schools the nation over. In any case, the organization centers around helping the indigenous young ladies to finish their instruction at auxiliary levels (Media 2016). The crusade is a noteworthy discovery for Nestle, as it causes the firm to assemble a solid brand in the commercial center. Since Nestle is working together with different Australian specialists and government, it can realize this battle effectively. This is on the grounds that; the vast majority of these auxiliary schools are serving the families and the network. Subsequently, the organization stands to profit by this incredible advancement on the grounds that the network and families will see it as a companion and a socially dependable company (Media 2016). Given its extraordinary and determined techniques, the companys battle will offer it an enduring advantage financially. As per the site, the third battle centers around the African mainland. Settle has sorted out a vital gathering with partners to address and talk about the difficulties influencing the mainland (Media 2016). Through this crusade, Nestle is exhibiting that it prepared to advance better nourishment and maintainable improvement in Africa. In view of the basis of this crusade, the chance of accomplishment is inescapable in light of the fact that it plans to address the textures of the African issue. For example, putting resources into practical improvement is an auspicious call that everybody in the African mainland tries. The Swiss Multinational Corporation accepts that the accomplishment of this target will advance its image over the African mainland (Media 2016). In this manner, Nestle has distinguished the best market section to serve in light of the fact that the accomplishment of its endeavors will advance its picture in the general public. How overall segment patterns are offering open doors for global advertising The world encounters a segment progress today, as various nations are at interesting phases of the segment pattern (NationalSeniors 2016). For example, the propelled economies are detailing a maturing procedure that is special while the creating countries are getting ready for this experience. Studies have demonstrated that creating nations are confronting a diminished segment progress due to the expanding working-age populace (Lam and Leibbrandt 2013). Significant, the most widely recognized segment patterns obvious in the advanced world incorporate gracefully drifts, request patterns, and outer components. Definitely, the patterns have affected the global showcasing execution (Chatterjee, et al. 2010). The interest patterns have gotten apparent because of the rise of new buyers on the planet that require worldwide items and administrations. Strikingly, the world is has detailed a moving segment request since individuals no longer remain a solitary area. The advanced buyers have add itionally expanded because of new technologies(Chatterjee, et al. 2010). With modernization and exchange extension, the fragment esteem has expanded. The flexibly pattern is apparent due to the heightening unpredictable information costs. In reality, even the shortage of work has characterized the gracefully slants over the world including the developing markets(Badkar 2014). Studies have likewise recognized the outer elements influencing the segment patterns, for example, expanding exchange protectionism and duty systems (Chatterjee, et al. 2010). With the development in the worldwide economy, numerous organizations need to stay proficient and profitable. Sadly, the segment patterns appeared to have influenced their global business activities. For organizations to contend in the worldwide market, it requires solid advertising methodologies. A portion of the patterns the organizations need to consider are the created provincial exchanging coalitions and progressed created riches propelled countries. These patterns have presented transformative markets like Malaysia, China, India, Australia, and Hungary and expanded buying power (G hauri and Cateora 2011). The nearness of cutting edge innovation upgrading correspondence and transportation is a pattern. These patterns, particularly the worldwide geographic have demonstrated gainful to the universal associations and showcasing in light of the fact that each organization thinks about the worldwide acknowledgment (Lam and Leibbrandt 2013). With this impact, the associations stay arranged to contend. For example, organizations that have neglected to work all inclusive have thought that it was difficult to contend in the market, particularly following the monetary changes in numerous nations (Ghauri and Cateora 2011). Notwithstanding the opposition and patterns, it is apparent that universal market is developing at an exceptional rate. Enterprises set to profits by the maturing children of post war America The children of post war America remain to profit different ventures including autos like Toyota, and innovation and correspondence industry including Apple (Ghauri and Cateora 2011). This age will likewise profit wears ventures like Nike, food industry like Nestle, and the games business (Sightings 2011). The people born after WW2 will put resources into home needs ventures that can keep them warm and promise them comfort (MediaCenter 2014). The pharmaceutical business stands to profit altogether from gen X-ers since they need drugs and thorough preventive consideration administrations (ABCNews 2015). With their interest for physical wellness exercises expanding, they would help the Pilates and Yoga Studios industry. List of sources ABCNews. 2015, IBISWolrd: Aging Population Creating Stable Australian Industries, Mirus Australia, March 4, https://www.mirusaustralia.com/matured consideration blog/matured consideration the executives/ibisworld-maturing populace making stable-australian-businesses/(got to August 21, 2017). Badkar, M. 2014, GEORGE Magna: The 5 Big Demographic Trends Are Shaping the World Right Now, Business Insider, April 28, https://www.businessinsider.com/5-segment patterns forming the-world-2014-4?IR=T (got to August 21, 2017). Chatterjee, I, Kupper, J, Mariager, C, Moore, P and Reis, S. 2010, The Decade Ahead: Trends That Will Shape The Consumer Goods Industry, McKinsey Company, pp. 1-18. Ghauri, P and Cateora, P. 2011, Worldwide Marketing, Edinburgh Business School, pp. 152. Lam, D, and Leibbrandt, M. 2013, Worldwide Demographic Trends and their Implications for Employment, High Level Panel, pp. 1-33. Media. 2016, Nestle, https://www.nestle.com.au/media#itemperpage=20 (got to August 20, 2017). MediaCenter. 2014, Blasting: Industries Benefiting from the Aging Population, IBISWorld November 17, https://www.ibisworld.com/media/2014/11/17/blasting businesses profiting maturing populace/(got to August 20, 2017). NationalSeniors. 2016, Maturing Baby Boomers in Australia, National Seniors, https://nationalseniors.com.au/be-educated/explore/distributions/maturing people born after WW2 australia (got to August 21, 2017). Sightings, T. 2011, Organizations that Could Profit from Baby Boomers, U.S News, September 27, https://money.usnews.com/cash/websites/on-retirement/2011/09/27/organizations that-could-benefit from-people born after WW2 (got to August 21, 2017).

Mentoring and Enabling Learning in the Practice Setting - 4400 Words

Mentoring and Enabling Learning in the Practice Setting (Research Paper Sample) Content: Mentoring and Enabling Learning in the Practice SettingNameInstitution Part 1: Introducing the Mentorship RoleA mentor is commonly defined as a person with experience in a given practice discipline, who uses their knowledge and expertise to advice and help a novice to develop work-related skills. The act of mentoring involves the mentor sharing with the mentee knowledge and information about the profession as well as motivating and guiding the mentee to deepen their knowledge and understanding of their job responsibilities. In nursing, mentoring may involve a practicing nurse helping a student nurse to develop patient management skills such as interacting with patients and monitoring their progress. Additionally, mentors help their protgs to explore different career paths, set goals or identify useful resources for improving their performance. This essay is a reflective account of my experience of facilitating learning, assessing and teaching a student or co-worker an d how this experience will inform my future development as a mentor. My place of employment is Acute Assessment Unit (AAU) In London where I have been working for 1 year and a half as registered nurse. Having the opportunity to get involved in the AAU team is an unsurpassable opportunity to expand, secure and apply all the skills and knowledge gained at the university. Despite data suggest that nurse mentors are struggling to fulfill the role with minimal formal support from their work environment (Nettleton Bray, 2008). I believe that after achieving the requirements settled in Standards to support learning and assessment in practice (2008) by the NMC to become a mentor, my goal will focus on delivering high-quality and effective mentorship that can be a valuable tool in recruiting and retaining nurses as well as improving their sense of job satisfaction.The Royal College of Nurses defines a mentor as a professional who facilitates learning, and supervises and assesses students in a practice setting (NMC, 2008, p.45). In this regard, a mentor is a person who possess organizational and coordination skills to enable him or her identify and organize relevant learning activities for the mentee, as well as supervise and assess the mentees progress. As a nurse, I recognize the significance of my role in facilitating the professional development of future nurses. My biggest challenge towards realizing this goal is helping mentees in translating class knowledge and theoretical concepts into practice and applicable skills in the work place (Fishel Johnson, 1981). This is in line with the Nursing and Midwifery Councils requirement for nursing students to have exposure to 50% of theoretical learning and 50 % to practical learning. Thus, the mentoring experience is beneficial both to the mentor by providing the opportunity to refine their own skills through the teaching process, and to the mentee through the opportunity to learn from a more experienced person. To be able to achieve this goal, the mentor should seek to advance their own knowledge by seeking professional development opportunities such as undertaking further education and training in line with the RNC goals and standards. Mentoring also provides the opportunity for practice based learning by creating opportunities for developing the skills through interaction with patients and their families (Ali Panther, 2008). Nursing is regarded as an applied vocational social science because it involves application of evidence based practices in clinical settings. As a vocational discipline, it provides nursing practitioners with the opportunity to advance their skills through practice-based learning (OBrien, 2010). In addition, the clinical setting environment exposes registered nurses to experienced professionals who act as role models, mentors, and coaches (Gaberson, Oerman, Shellenbarger, 2014). It is through these practice-based training programs- mentorship, coaching and role modeling that nurses hone their skills and become more effective in meeting patient needs. They provide experiential learning opportunities that expose nurse to real life health issues. In addition, practice-based learning allows nurses to extend classroom concepts and theories into clinical settings where they apply learned knowledge to address patient problems. Practice based learning differs from what happens in higher educational institutes by integrating theory and practice through the application of nursing skills in clinical settings. In practice based learning, the registered nurse engages in practical application of the concepts learned in the classroom setting. In contrast, HEI does doe expose nurse students to the level of theory application offered in practice-based learning. The role of HEI is proving student nurses with the opportunity to acquire knowledge and the skills they will later apply in clinical settings. A mentor is an individual who plays the role of advisor and guid e for another, usually a novice, in a given professional discipline. The mentor helps the novice to improve their knowledge and experience in job-related tasks, or to achieve career/personal goals. In healthcare setting, a mentor is usually an experienced nurse or health practitioner who guides a new or inexperienced practitioner to gain experience in applying classroom concepts in clinical practice. The term mentor is of Greek origin, referring to a person who guides another to become better in carrying out certain tasks. The Oxford English Dictionary defines a mentor as an experienced and trusted advisor (Rogers, et al., 2012). This definition emphasizes the importance of trust in the mentoring relationship between the mentor and the mentee. Trust facilitates the learning process as it encourages the mentee to open up to their weaknesses and the need for assistance. Conversely, it encourages the mentor to be honest in his or her assessment and evaluation of the mentee, as well as in providing genuine feedback that not only highlights the mentees strengths, but also weakness areas. However, the understanding of the term mentor has evolved over time to encompass broad meanings, including the notion of mentor being a friend, counsel and supporter in ones endeavors to achieve certain goals (Gopee, 2011). In addition, a mentor is understood as an older (experienced) person who is responsible for the learning and development of a younger one (Andrews, 1999). This definition is reflected in nursing mentorship since the mentor is usually an older and more experienced nurse practitioner who guides fresh nurse graduates in learning how to apply classroom concepts in clinical settings. Regardless, these definitions are narrow focused because they do not incorporate the evaluation and assessment components of mentorship. Before mentoring is implemented, the mentors assesses the mentee to determine their current level of knowledge and experience to inform the planning of relevant learning activities and experiences that will help the mentee to improve develop their skills. In addition, traditional definitions of mentor do not include the necessary qualities that a mentor must possess in order to provide successful mentoring experiences. In addressing these definitional gaps, Phillips et al. (2000) redefined mentor as a nurse, midwife or health visitor who facilitates learning, supervises and assesses students in the clinical setting. Billay Yonge (2004) advances this definition by incorporating attributes like being a role model and expertise in a specific field, and using this qualities to aid the development of another person. The NMC provides a structured definition that recognizes a mentor as a stage two qualified registered nurse who facilitates learning, supervises and assesses students in a practice setting" (NMC, 2008). This definition identifies a mentor as a professional who plays there important roles in the development of another perso n. First, the mentor is a facilitator of learning through the planning and implementation of learning activities, as well as exposing the mentee to learning experiences. Secondly, the mentor is an assessor of the mentees knowledge and experience level, for the purpose of identifying weakness areas and informing the selection of suitable learning activities. Finally, the mentor plays the role of supervisor by ensuring that the mentee engages in the selected learning experiences, as well as follows the mentorship plan developed at the beginning. Ensuring ConfidentialityConfidentiality refers to the need to protect the identity of individuals involved in experimental or data collection exercises. According to the Nursing and Midwifery Council standards, it is recommended to use pseudonyms or omit the names of the persons involves (NMC, 2008). Accordingly, this essay ensures confidentiality by referring to the mentee by a gender pronoun instead of her real name. Part 2: The NMC Standard sThe NMC standards consist of objectives for mentors and practice teachers to meet as part of the NMCs goal of improving practice standards and promoting safe healthcare practices. The standards provide a comprehensive framework for safeguarding the health and wellbeing of the public. In this regard, it should form the basis for guiding nurses daily work place practices with respect to interacting with and handling patient problems. They are the standards that the public and patients expect from healthcare providers, and therefore forms the basic guidelines for professional conduct. The standards include eight domains that nurse mentors should fulfill in their relationship with the mentees. They include establishing effective working relationships, facilitation of learning, assessment and accountability, Eva...

The Causes And Effects Of The Civil War - 1564 Words

The causes and effects of the Civil War will be defined through the institution of slavery, the Kansas-Nebraska Act, and the military leadership of President Lincoln to resolve the uncompromising political position of the South/Confederacy. Lincoln’s â€Å"House Divided† speech will be an important primary source that defines the underlying resistance to the expansion of the slave states into new territories taken by the U.S. government in the 1850s. More so, the uncompromising and an increasingly militaristic aggression of the South in seceding from the Union defines the effects of this political â€Å"divide† between Republicans and Democrats in Congress due to the Kansas-Nebraska Act of 1854. At the center of this issue, Lincoln’s leadership defines the slow process of political causality in opposing slave state status, which eventually manifested itself into a â€Å"house divided† in the Civil War. In essence, the root cause of the Civil War wil l be defined through the tension between slave and free state status, the Kansas-Nebraska Act, and the important pro-northern leadership of Lincoln in the coming war that would divide the nation. One of the causes of the political tension between northern â€Å"free states† and southern â€Å"slave states† was the issue of westward expansion. New territories, such as Kansas and Nebraska, defined attempted compromises that were meant to evenly divide these territories between the two factions. Therefore, the institution of slavery was a moral, ethicalShow MoreRelatedThe Causes And Effects Of The American Civil War1815 Words   |  8 PagesJames T. Vaughn Correctional Center September 9, 2014 The Causes and Effects of the American Civil War State Standard: H.4.A In 1860, Abraham Lincoln, a member of the anti-slavery Republican Party, was elected President of the United States (Hassler). Because his presidency was viewed by many southerners as a threat to the southern way of life, most southern states seceded from the Union and organized as the Confederate States of America (â€Å"Effects†). States that bordered the North and the South, suchRead More Causes and Effects of the Civil War Essay744 Words   |  3 Pagesnbsp;nbsp;nbsp;nbsp;nbsp;Did you know America’s bloodiest battle fought on their own soil was the Civil War? The Civil War was fought on American soil between the northern states and the southern states. Many causes provoked the war, which would affect the nation for decades to come. Slavery, the Missouri Compromise, and John Brown’s attack on Harpers Ferry, Virginia, were some of the many causes. In turn hundreds of thousands of soldiers died, the South’s economy was devastated, and the northernRead Mo reCause And Effects Of The Civil War Essay1078 Words   |  5 Pages Jean Park US History Period 4 23 September 2017 The Effects of the Civil War The civil war was between the Northern and Southern states, which were divided on the issue of slavery. The northern states didn’t want slavery to continue while the south wanted slavery to continue. This disagreement led to a five-year war from 1861-1865 leading to many social changes like the how the emancipation proclamation leading to the formation of the 13th, 14th, 15th amendments. Which allowed the African AmericansRead MoreEssay about Causes and Effects of the Civil War812 Words   |  4 Pagesthat in the Civil War, America lost the most men ever? After four years and over 600,000 American lives, the Union (North) prevailed in wearing down and forcing the Confederacy (South) to surrender. Eli Whitneys cotton gin, the Missouri Compromise, and the Dred Scott case contributed greatly to the Civil War. After the Civil War, the Southern economy was devastated with millions of homeless, while the northern economy boomed. Eli Whitney created one of the first causes of the Civil. In 1793 EliRead MoreEssay about Causes and Effects of the Civil War741 Words   |  3 PagesDid you know Americas bloodiest battle fought on their own soil was the Civil War? The Civil War was fought on American soil between the northern states and the southern states. Many causes provoked the war, which would affect the nation for decades to come. Slavery, the Missouri Compromise, and John Browns attack on Harpers Ferry, Virginia, were some of the many causes. In turn hundreds of thousands of soldiers died, the Souths economy was devastated, and the northern ideals flourished. InRead More Causes and Effects of the American Civil War Essay812 Words   |  4 Pagesthat in the Civil War, America lost the most men ever? After four years and over 600,000 American lives, the Union (North) prevailed in wearing down and forcing the Confederacy (South) to surrender. Eli Whitney’s cotton gin, the Missouri Compromise, and the Dred Scott case contributed greatly to the Civil War. After the Civil War, the Southern economy was devastated with millions of homeless, while the northern economy boomed.   Ã‚  Ã‚  Ã‚  Ã‚  Eli Whitney created one of the first causes of the Civil. In 1793Read MoreEllianne Heppler. Mr.David. Research Project. 05/08/2017.1700 Words   |  7 PagesDavid Research Project 05/08/2017 The Civil War and how it happened with A Little Twist! Think of the darkest place that terrifies people to their very core and then multiply that times 100. During the Civil War a lot of bad things happened from April 12, 1861 – May 9, 1865. On April 12, 1861 The Battle of Fort Sumter happened to be one of the least casualties battles. No one was hurt until a shot was accidentally misfired. That is what started the war. But that was the least of their worriesRead MoreWhat Caused The American Civil War1634 Words   |  7 PagesWhat caused the American Civil War from 1861 to 1865? There has been several different debates and disputes about the causes of the American Civil War. Historians have stated slavery was the primary cause of the American Civil War, while other historians have argued there were other causes and effects in conjunction with slavery. Research has shown all historians did agree upon the division between the North, known as the Union, and the South, known as the Confederacy, battled on the soil of theRead MoreTh e War Between The United States944 Words   |  4 PagesThe Causes to the War Between the States The Road of the United States in becoming a truly united nation has not been a path without turmoil. Many lives were laid down to form the structure of this country and fought for its right to freedom. One of the bloodiest conflicts in the United States’ history was the war between states or more commonly referred as the Civil War. This war leads to much unnecessary violence ridden battles that were precluded by many cases. The Civil War had many profoundRead MoreSyrian Refugees During The Syrian Civil War1573 Words   |  7 Pagesthe beginning of the Syrian Civil War three years ago, her life has not been the same. Her small school has been destroyed by explosions, and her uncle killed in a missile attack. By the summer of 2013 her family came face to face with the realities of war-- either die in Syria or risk everything by fleeing to Lebanon. To Dana’s family there was no choice, they had to flee. She has been living as a refugee in Lebanon ever since (Lewis). There are many causes and effects associated with Syrian refugees

Social Responsibility And The Free Enterprise System

Social Responsibility is what we practice here in America, or at least what we attempt to practice. Social Responsibility works by providing for private ownership of mass media in trade for responsible use of that media. In some countries, people do not have the freedom of speech rights like we do. We have a free market place of ideas that coincides with capitalism and the free-enterprise system. It is tied to a form of government that is based on the Constitution and the Bill of Rights. The First Amendment guarantees freedom of speech so that the press can remain fully free, and the public can be fully informed. â€Å"Congress shall make no law abridging the freedom of speech or of the press. Sometimes corporate pressures and government control may sometimes hinder this freedom.† (Schubert) In countries without freedom of the press, messages are censored and/or filtered through the government, which alow only what is considered acceptable information to be released to the pub lic. Although the Constitution/Bill of Rights have been adopted since the late 1700’s, the ability of the government to infringe our freedom has decreased over the last 70 years. In December of 1942, Robert Maynard Hutchins launched the Freedom of the Press Commission. Shortly after the commission being launched, a report that dealt with the social responsibilities of the owners/operators of the media was issued. The commission believed that the freedom of the press was in danger, so through this reportShow MoreRelatedMoral Responsibility797 Words   |  4 Pages(A) of the core moral responsibility This is done by P. Pula Li (Peter Pratley)proposed. Pula Li believes that the same as the implementation of quality management, companies also accept the moral responsibility of the concrete. at the lowest level, the enterprise must take three responsibilities: (1) concern for consumers, such as the ability to meet the ease of use, product safety And other requirements; (2)concern for the environment; (3) interest on the minimum working conditions. Platts theseRead MoreMilton Friedmans The Free Market Theory1312 Words   |  6 Pagesbases his opinion on businesses and profit maximization on the foundation of free enterprise. â€Å"The free market theory believes that business managers have only one primary responsibility, which is to maximize profit; also, the theory tells that government should not involve in economic matters, except to prevent fraud and coercion† (p. 7) Mr. Friedman argues that a corporation, unlike a person, cannot have responsibility. I disagree with this notion. I don’t think that anyone would engage in a businessRead MoreResponsible Enterprise And How It Effects Almost Every Business1599 Words   |  7 Pagesliterature examine responsible enterprise and how it effects nearly every business, firstly in this essay the report will begin with an definition on what responsible enterprise is and what it means. Then there will be an analysis of one of the five drivers of responsible enterprise and explain the role in which the government plays a part in boosting responsible enterprise. Finally, this report will conclude with a synthesis of the findings on what constitutes responsible enterprise and the magnitude in whichRead MoreThe Substance And Nature Of Free Enterprise Essay1080 Words   |  5 Pages In modern upheaval, social pundits and financial analysts have wrangled about the substance and nature of free enterprise. Robert Heilbroner (March 24, 1919 – January 4, 2005) developed in the twentieth century as a regarded American financial specialist and student of history of monetary thought surely understood for his worries about the two domains of free enterprise. A first individual examination of free enterprise in view of Robert Heilbroner s thoughts as exhibited in the book twenty-firstRead MoreBusiness1651 Words   |  7 Pagesbuy, hold or sell. Shareholders are also interested in information which enables them to assess the ability of the enterprise to pay dividends.   (b) Employees. Employees and their representative groups are interested in information about the stability and profitability of their employers. They are also interested in information which enables them to assess the ability of the enterprise to provide remuneration, retirement benefits and employment opportunities.   (c) Lenders. Lenders are interestedRead MoreThe Importance of Social Stability and Economic Freedom to Conservatism1523 Words   |  7 PagesThe Importance of Social Stability and Economic Freedom to Conservatism Traditionally Conservatism has generally focussed on both social stability and economic freedom, believing that the two are inherently intertwined. The central theme of Conservative thought, namely â€Å"the desire to conserve†, is closely linked to the emphasis placed on respect for tradition, established customs and institutions that have endured the â€Å"test of time†. Conservatives fervently believeRead Morebusiness Essay800 Words   |  4 Pagesmeets the objectives of different stakeholders D1 Critically evaluate the responsibilities of Siemens to meet stakeholders objectives. 1.3 Explain the responsibilities of Siemens and strategies employed to meet stakeholders. M1 Identify and find the mission and objectives of Siemens. LO2 (Task 02): Understand the nature of the national environment in which businesses operate 2.1 Explain how economic systems attempt to allocate resources effectively. 2.2 Assess the impact of fiscalRead MoreSocial obligation of business1734 Words   |  7 Pagesmore to social responses. Each judgment has its own reasons which this research sought to analyze. Based on that, certain social obligations of business will be addressed with evidences, showing their necessary of being more responsible to social outcomes. Key words: corporate social obligation, shareholders, corporate profit, social responsibility Introduction There has been a long debate on the role of business in society. Some people agreed with argument of: â€Å"The social obligationRead MoreLimited Liability And Unlimited Liability1686 Words   |  7 Pagesassume its responsibility in the form of debt-funded enterprises. The so-called limited liability that is limited repayment liability means investors only invest their own capital to the business enterprise debt repayment bear responsibility, insolvency, excess liability form part of its natural exempt. Limited liability company is an important factor in the rise of big. The next partnership and individual proprietor-ships owner Normally it takes bear unlimited liability for the debt. The system of LimitedRead MoreEthical Perspectives On Social Responsibility1478 Words   |  6 PagesEthical Perspectives on Social Responsibility Corporations are encouraged to conduct their activities in an ethically responsible manner, however neither the corporate world nor academia has produced a single – all encompassing definition of corporate social responsibility (CSR). The basic problem is that there are too many self-serving definitions that often lean toward the specific interests of the entities involved (Van Marrewijk, 2003). There has even been a quantitative study conducted on

International Journal Life Cycle Assessment -Myassignmenthelp.Com

Question: Discuss About The International Journal Life Cycle Assessment? Answer: Introducation According to Gmelin and Seuring (2014) product, life-cycle can be specified as a succession of strategies applied by the management as the product goes through its life-cycle. The operating scenario is believed to be more complicated due to increase in no. of customer and an extensive interactive network of suppliers. As per the theorist, the solution for the specified issue is the development of considerable interaction between Product Development Process (PDP) and Product Introduction Process (PIP). Further; appropriate factory approach considers the opportunity to stop compromising with each element of the production system so that appropriate quality of the product can be attained. The main objective of short product lifecycle management (PLM) is to decrease the time consumed in activities such as enhancing the quality of the product, ascertainment of availability of potential sales opportunities and revenue offerings etc. It is necessary to access the prospect of customer, marke t and competitors of the product in order to attain success regarding the newly launched product. (Mancini, 2015) For the creation of successful new products, the business is required to understand their customers, markets and competitors. As per Sonnemann and et al. (2015), Product Lifecycle Management (PLM) put together three main variants, i.e. data, people, the procedure relating to business systems. The same provides the information relating to the product to companies as well as extended supply chain enterprise. It has been noted by ------ daily lives of the consumer are related to a variety of small life-cycle Made-To-Stock products. These kinds of products are usually purchased on the visit to the supermarket for example; household goods; jewellery garments etc. The life-cycle of these products is usually three to six months, and due to same reason, they are categorized as high demand volatility products (Subrahmanian Lee and Granger, 2015). Fisher specifies such products as innovative products and has asserted that management of supply chain activities of these products is more complex as supply chain relating to these product required being more responsive. The concept of PLM is considered to assess the entire vision of effectively managing and making connections with information relating process and production data which required to be designed along with supporting and maintaining till ultimate disposal of manufactured goods. In order to reduce the inventory period and increase the profit of organization, PLM is applying business solutions in a consistent manner in order to provide assistance in collaborative creation, dissemination, business system and information (Arnett, Sandvik and Sandvik, 2018). According to the words of Rushton, Croucher and Baker (2014), in case the span life of a product is short, difficulties relating to continuing negotiations and procurement, decreasing unit cost of acquisition coming to huge business volume is to be faced by the organization. The retailer faces the economic loss either due to short supply or excess supply, and the same depends on the performance of product and forecast of the retailer. It is necessary that internal and external supply chains should be coordinated in an appropriate manner to attain the pre-determined goals relating to the product. Analysis In order to attain the advantage relating to economies of scale; it is necessary that vendors and transporters use quantity discounts in order to attract firms to purchase their product in bulk quantities to influence the firms to order in larger quantities. Even the delivery windows are applied by the organization in order to attain and transport short life cycle products. It has become a necessity for the organization to plan the most appropriate procurement and transportation plan during the product life cycle in order to make the product successful. However, as per the words of Zhou (2017), enhanced recognition can be asserted by practitioners and researchers to assess the end season through analyzing the sales pattern of the product. Cantamessa and Valentini designed a "deterministic" mathematical model for taking an appropriate decision relating to the production plan for new product ascertaining the benefits through the application of reactive backorder and lost sales strategies. It is not easy to forecast or estimate the demand for the new product as it is highly unpredictable at the time of its launch. But, assessment of demand for the new product is quite predictable. However, the demand for the new product is highly uncertain and unpredictable at its launch; but, it becomes more predictable after analyzing an early demand pattern (Raman). According to the views of Slack (2015), quick response research strategy can be applied to assessed information relating to demand and sophisticated sourcing options can be suggested through same. The prior analysis relating to the demand for product ascertains the quantities which will be ordered. One more variant which is considered which making the order, i.e. unit product cost unit transportation does not include variant with the change in ordered quantity (Zurich, 2017). As the rate of retail shelf space has been growing in an enhanced manner; it has become necessary to ascertain optimum delivery schedule for procured products. It is one of the main issues faced by organization producing products having a short lifespan. Matching supply chain strategies can be applied to the organization producing innovative (a product having short term life), as these required responsive supply chain for cooperating with demand uncertainty and short product life cycle. It can be assessed from above figure that only two kinds of the product have vided variety of spectrum along with varying degrees of functional and fashionable characteristics. By considering overall trend; short product life cycle is in its growth stage. This is the stage in which sales of the product increase with enhancing rate. The reason behind same is that early adopters continue to buy the products and at a later stage, buyers continue to follow the lead. This stage plays a significant role in achieving success as well as covering the major amount of investment relating to the product. In order to attain growth stage, it is necessary that organizations are launching a new product to assess the marketing in an appropriate manner so that the product is in accordance with the choice of the customer. As cost relating to promotion is spread over a large volume, and unit cost of the product decreases due to enhanced production; high profits are earned during the growth stage. Just in Time Purchase strategy can be applied by the organization to fulfil the demand and at the same time cost of the product is also manageable; thus organization attains both the advantages through the application of this strategy. This will also assist in minimizing inventory, and same will result in overall cost reduction for business. As per the views of Gmelin and Seuring (2014), the rise in demand for a product leads to increase in competitors and new entrants. Thus, it results in the introduction of new features as well as expand existing market. It is necessary to consider this issues which making Product Development Process in order to make the organization ready for facing these issues. Action plan It is necessary to develop an appropriate action plan in order to attain predetermined goals. Another main variant which is to be assessed that all phases from the initial stage of research analysis to customer feedback should be considered while developing an action plan. An appropriate action plan for short-term product manufacturing organization has been specified below: Activity Description Activity to be conducted by Time Period Research and analysis of market For a new product having a life cycle, it is necessary that analysis of market should be done on the prior basis to ascertain the demand of the product and the choice of the customer to assess the qualities which customer is seeking in the product. CEO and Marketing Executive of organization Six to Eight Months Assessment of cost of product It is necessary to assess the cost of the product in an appropriate manner; because in case the new entrant provides the product at a higher price than it becomes difficult to attract the customers. Thus existing price at which product is being sold at the market and the quality provided at that price is required to be assessed in an appropriate manner. Accounts Department Every half year Analysis of competitors According to the opinion of Sonnemann (2015), to make own stable position it is necessary that existing competitors should be assessed in detail. This activity will enhance the chances of availing available opportunities which will ultimately increase the profit of the organization. Marketing Manager On continue basis Determination of selling price It is important to determine the selling price of the product by various pricing strategies available like cost-plus pricing or on the basis of market-based valuation in which past experience of the company may be used to price the products. Detailed statistics are required to base the pricing of the prices. However, the final price of the product depends on the customers who will buy the product. Due to large-scale competition, it is wise to keep the prices as per the customers. Manager It will be determined once and effort will be made to continue the same. Feedback from customer Customer feedback is an important part of the entire action plan as it reflects customers opinion and views regarding the product. As per the views of Rushton, Croucher and Baker (2014) these reviews can assist the company in improving performance based on customer expectation and is most important part of product development process. Sales Executives On continue basis after appropriate interval References Arnett, D.B., Sandvik, I.L. and Sandvik, K. 2018. Two paths to organizational effectivenessProduct advantage and life-cycle flexibility.Journal of Business Research. 84, Pp.285-292. Gmelin, H. and Seuring, S. 2014. Achieving sustainable new product development by integrating product life-cycle management capabilities.International Journal of Production Economics.154, Pp.166-177. Mancini, L., Sala, S., Recchioni, M., Benini, L., Goralczyk, M. and Pennington, D. 2015. Potential of life cycle assessment for supporting the management of critical raw materials.The International Journal of Life Cycle Assessment,20(1), Pp.100-116. Rushton, A., Croucher, P. and Baker, P. 2014.The handbook of logistics and distribution management: Understanding the supply chain. Kogan Page Publishers. Slack, N. 2015.Operations strategy. John Wiley Sons, Ltd. Sonnemann, G., Gemechu, E.D., Remmen, A., Frydendal, J. and Jensen, A.A. 2015. Life Cycle Management: Implementing Sustainability in Business Practice. InLife Cycle Management(Pp. 7-21). Springer Netherlands. Subrahmanian, E., Lee, C. and Granger, H. 2015. Managing and supporting product life cycle through engineering change management for a complex product.Research in Engineering Design. 26(3), Pp.189-217. Zhou, L., Gupta, S.M., Kinoshita, Y. and Yamada, T. 2017. Pricing Decision Models for Remanufactured Short-Life Cycle Technology Products with Generation Consideration.Procedia CIRP.61, Pp.195-200. Zurich, L.B. 2017. Service Operations and Management. James A, Paul C and Denis T. 2003. (Online) The impact of product life cycle on supply chain strategy. Production Economics. Available through https://www.sciencedirect.com/science/article/pii/S0925527303001051 [Accessed 26th January 2018].

Managing Innovation for Business

Customers’ needs are not static, they keep changing and so do businesses. Businesses are faced with the challenge of making strategic decisions on how change will be implemented. Innovation and invention in a company are changes that need to be natured and supported. The challenges come when a business is doing well, and an innovation to change its course of action is comes-by with the aim of better future.Advertising We will write a custom report sample on Managing Innovation for Business specifically for you for only $16.05 $11/page Learn More Management must weigh the options available on whether to remain in the current operation state or move to a risky or un-tested structure that do not guarantee success current or future success (Fred,2008). Innovation cannot be limited to certain sections of a business but generally can take many forms; it can be an innovation in products and services produced or internal processes like marketing, human re sources and information technology. Innovators in a business in most cases are the employees who well understand their companies strengths and weakness, or may be from a new entrants who comes with a different approach of doing things. Management have the task of tapping these intellectual properties in human resources for an effective innovation. It is argued that one of the reasons why businesses have a longer life than human beings is innovation. They keen changing and innovating better ways to work and remain competitive. Phillips Lightening Company is an international company incorporated in 1891, by y Anton and Gerard Philips. Initially the company was called Philips Gloeilampen Fabrieken N.V. The success and the longevity of the company are vested in its innovativeness (Phillips Lightening Company Corporate Website, 2010). This paper discusses management of innovation in Philips Lighting Company. Brief Phillips lightening company Since its incorporation in 1891, Phillips has grown from a small business to an international multi-billion company. The company have launched new products in the market in its effort to remain competitive.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Among the innovated products include X-ray tubes earlier in 20th century, in mid 20th century, the company innovated Compact Cassette in the 60s, which it upgraded to Compact Disc in early 1980s, in 21st century, the company have innovated Ambilight TV. The innovations are enabled by a deep understanding by the company of the need to innovate. In the company, an innovation is generated internally but its research and development team, which is one of the most robust in the world, plays a significant role in the innovation. Innovation does not always guarantee a success, in 2000, the company was innovating fast and the time it was a leading bulb seller in the world only to innovate and suffer a loss of EUR 3,206millions. The following is the process that the company have undergone for successful innovation: Shared vision and leadership In case of an innovation, the top management of Phillips is actively involved. When an employee has come out with an innovation or invention, the company policy allows the employee to consult either the immediate supervisor or anyone else whom he thinks can undertake the innovation positively. If the innovator comes with an idea and shares with the supervisor, the supervisor has the role of discussing the innovation at supervisors meeting. From there, it is passed to management at departmental level and finally to the top most management. At all this time the employee is the one whom credit is accruing. In 2000, there was a meeting called â€Å"five minutes of silence†, the top management had called department leaders to come and discus on which method they can use to innovate. It was an open forum where the managers were as ked to air out their views. After five minutes every one trying to think on what to say, they were able to open up and discussed at length the way forward of the company. They developed a different vision and rapped everything with the saying that innovation is doing what you do better. The meeting served as a reminder to the managers of what they already knew that it is their task to enhance innovation in their company.Advertising We will write a custom report sample on Managing Innovation for Business specifically for you for only $16.05 $11/page Learn More Appropriate structure For an innovative mind to develop there is need for an appropriate combination of employees. Proper combination does not mean highly trained or experienced employees because innovation can even come from the least learnt in a department. It requires a combination of highly knowledgeable people, people who may not be very established but have a developing mind and researchers. They are not locked in a room and told to innovate, but are offered the necessary support as they work together to develop better ways of doing things. After the 2000 meeting at Phillips, the management decided they needed to align their employee in a ways that can yield better result. In 2001, Central Lighting Development Lab developed a visionary team that was composed of four team employees of equal gender representation. Two of the team members were highly experienced in the department while the other two were new to the department. The role of the team was to inspire the department to come with better ways of doing things. They ran a program called â€Å"out of the box† , the program took only one year and it invented Ambilight TV. Alongside with the team of four, there was a team of four senior management, they were asking simple question to Phillip employees so they can trigger their minds to think of an innovation. The second team was called ‘New Business Creati on’ (NBC). From the above innovation of Ambilight TV, it is clear that management took deliberate moves to tap intellectual assets. They set up mechanism, which facilitated communication and innovativeness (Seebode, Harkin and Bessant ,2009). Key individuals After an idea has been developed, the person who has taken up the innovation, mostly the manager or the person who have come up with the idea determines its success. Not all innovated processes, products, or services are tested. Some are left to go and some innovations are tested.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The breakthrough that was attained in 2001 triggered the management to think of how they can have such programs in future but this time in a continual way. The CEO himself started ‘Think the Lighting Future’ project (TTLF), which members were senior managers to support the organisation to develop and tap intellectual assets of their teams. They even set a financial target that they were to attain in a period of five to seven years. They wanted to have ten percent growth rate, which was approximately an addition of EUR 500 million in profit. The project did not immediately yield results. It took time and after one year, they developed ‘Atmosphere Provider’, a project targeted at creating an atmosphere of innovation. In the project, management style and organisational culture of the company was changing were they started adopting a freelance culture. Pioneered by the senior management, the program was easy to develop and implement. After an innovation, the pr omoter should be well acquainted with the new process or products to be developed. This will assist in making others understand what direction the company is taking. Effective team working Developing an orchestrate team is important for successful innovation and support for an innovation. A team is composed of complimentary people mostly taking similar tasks or developing a certain project. How well a company blend the available talents will assist in creating an innovative atmosphere. Teams should be able to listen to each other, and the team leader should understand the potential of all his team members (Ettlie,2006). In July 2003, Phillips launched Atmosphere Provider Program: a program that was aimed at developing strong teams. People were interchanged in different departments and the best combination was gotten. The company manages its human resources in small teams, which are mandated with the task of undertaking a certain program. In 2000, there was the â€Å"out of the boxà ¢â‚¬ , new Business Creation’ (NBC) among others. They were incorporated to assist departments and undertake different project. There are main production teams and support teams like research and development. In the case of innovation, marketing and research and development team since they are more close to the consumers and the market offer a company input information on what they should do. They are strong posts in innovation. High creative environment To invent, create and innovate, there is need to have an environment that facilitated these three business elements. The management and the employees should have free and effective flow of information where they can exchange ideas. Other than office supervisor- boss interaction, there is need to have outdoor activities together. They relax the mood between the employees and management a move that facilitated better communication and innovation. When employees and top management communicate freely, they are likely to develop better processes and products. A strategy that facilitates innovation is recognition of past innovators; they should be noted as people who have made history to the company. Human beings are motivated by being recognised and thus a company with such kind of policy will have motivated staffs as far as innovation is concerned. Phillips maintained teams of applications, technologies, business models, new alliances, and the teams were given the necessary resources that they required when undertaking their activities. This combination and dependency among the teams gave rise to ‘Light Embedded in Furniture’ innovation. High involvement teamwork Innovators should be people who understand current processes and products/services and see a gap that the company is not fulfilling. In the case of Phillips, employees have been the major innovators as they learn processes that they undergo every day and look for better ways of doing thing. Eventually an innovation comes by (Phillips Lightening Company Corporate Website, 2010) External environment as an element of innovation Businesses operate in environments that have other players, government, shareholders, creditors, customers, society among others. External environment can be a source for innovation. It may offer its recommendation to research and development team, marketing, or call centres of an organisation. Through customer complaints and compliment, a company learns where it is not performing as per societal expectation and focus on such areas to innovate. What the competitor is offering can also trigger innovation. In shareholders meetings, some innovative mind can be gotten or triggered. The system is called innovation by crisis (Seebode, Harkin and Bessant ,2009). Phillips innovation cycle After an innovation has occurred in the company, it goes through various stages before it reaches to the final customer. The following is the cycle of innovation: Exploration This is where the company develops the idea and sets all processes to go. Any support from the top management and team members is sort so as when launch is done, then the company gets on business. The stage involves: Setting a brand tag key skills for leading incremental product innovation create product l believes and positional statements launch These processes are internal though products, services or process are set to go Prototyping and market testing This is market entering. The marketing team plays the most important role at this stage since it is supposed to sell the products and services to the people. Market segments are created and target groups established. The stage is important as it gives the response that new goods are getting form the market. Creating alliances and accounting for the changes After successful innovation, measures to strengthen the new system are put in place. They may involve having alliances with other companies, mergers or even acquiring some companies. Returns from the new system are counted and room for improvement created (Seebode, Harkin and Bessant ,2009). Conclusion Globalisation has increased competition among service and goods industries. To remain competitive, a company needs to innovate, invent and be creative. Managing innovation in an organisation is a deliberate move by management; it should be supported by all teams. Phillips Lightening Company has been in operation for over a century and remains relevant and competitive in today’s business environment. Its success is in innovation that it undertakes to fit market needs at a particular time. Phillips has motivated teams and provides a creative environment. Any small innovation gets support from top management. References Ettlie, E.,2006. Managing innovation: new technology, new products, and new services in a global economy. Burlington: Butterworth-Heinemann. Fred, D. ,2008.Strategic Management: Concepts and Cases. New Jersey: Pearson Education. Phillips Lightening Company Corporate Website, 2010. Seebode, D. Harkin, G. and Bessant, J. ,2009. Managing Innovation. Web. This report on Managing Innovation for Business was written and submitted by user Maya D. 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.