MGT 4880 Essay Example | Topics and Well Written Essays - 750 words

MGT 4880 - Essay Example It is much easier to work on a single aspect of corporate operations if you understand how that one role fits in to the larger picture of the corporate goals. By taking a class on Business Strategy and Policy, I will be able to understand the processes central to operational success and apply those principles to my current duties. In that way, the grand strategy of the organization can be gainfully supported by my own actions. Further, as I gain understanding of the interrelationships between departments, functions, stakeholders, and employees, I will be empowered to be a part of the solution at whatever company or level I am working. Such a class will assist me in selecting future positions. Beyond my current employment, a class in Business Strategy and Policy will equip me to make good career decisions in the future. The reason for this is that I will know my own strengths, weaknesses, and plans for my future; I can match those personal items with the needs and processes of any organization I am considering for employment. For example, if I know that I am interested in operations management because I am a dependable person, pay attention to small details, and have the discipline to carry out day-to-day requirements in order to bring efficiency and profitability, then an organization which has no strategic plan at all would not be a good fit for me. Understanding this fundamental principle of good management will allow me to recognize corporate security when I see it. Once the class on Business Strategy and Policy has taught me a solid basis for how to strategize, plan, and execute those plans in the modern work place, I will be able to know when a potential employer is deficient in their processes. Taking a position with such a company would only lead to personal frustration and a stagnant career. Therefore, such a class could prevent me from making a terrible mistake. Such a class will assist me in choosing wise investments. The reason for this is clear; I will be able to recognize those organizations which have engaged in the proper planning of their business-as well as the appropriate execution of policy to support that plan-and invest accordingly. Like any other stakeholder or shareholder in a company, I want my investments to perform well. For that to happen, the companies I choose to invest in must be competitive within the marketplace, efficient in their operations, and innovative in their marketing and product development. Utilizing the things I learn in the Business Strategy and Policy class, I will be able to see the evidence of such sound management before I ever commit a penny of my money to the company. If I can deduce that management has a good plan and has paired that with an innovative product and efficient operations, I can invest with peace of mind. Such a class will help me plan my career. Finally, a class in Business Strategy and Policy will allow me to understand where my own interests lie, and where those interests may best fit within the current workplace. I can utilize the basic principles of planning a business and then focus the wisdom of those lessons on my own career as though it were, itself, a business. In this way, I

Article Aalysis Coursework Example | Topics and Well Written Essays - 750 words

Article Aalysis - Coursework Example In seeking to understand the article which was selected for this brief analysis, US fuel prices take a slight dip†, the reader sees very clear and inherent understandings of the way in which fuel prices within the United States, and elsewhere throughout the world for that matter, are not directly linked to the ability of the environment to produce this resource and/or the overall expectation of the diminished resource in general. Rather, the price of fuel/oil is ultimately tied to the expectation of stability in the world . Moreover, unity and stability within a particular region that is somewhat close or geographically important to a trade route can send oil prices skyrocketing. As such, it is easy to understand why the past several months have seen a market spiked with regards to the price of oil worldwide. ... Such a judgment is made with respect to the fact that without major alterations with regards the way in which the global economy interacts, individuals are not able to alter their consumption of oil without widespread and far-reaching repercussions being felt within their own personal life and within the broader economic sense of their respective regions. In seeking to fulfill a further requirement of this brief analysis, the instructions indicated that the student was responsible for describing what is occurred to the change in supply of the particular product. In short, nothing has changed. Rather, fear within the futures market has driven up price and caused investors to panic with regards to what may be the case within the next few months/years. Yet, it is unfair to say that changes in supply do not occur within the oil market. Hardly a week passes without an article being written, or a newsworthy item being referenced that considers the way in which the oil-producing nations of the world (OPEC) have either increased or reduced supply as a means of deriving up or driving down prices of oil (Piazza, 2013). Much as they have within the past, Saudi Arabia has been responsive to the increased price of oil throughout the world and has increase the output from their wells so that the price of the substance in question could be nominally reduced. However, all that being said, it is painfully obvious that the ultimate reason for why fuel prices have begun to drop does not have to do with the increased output of one single oil-producing nation; rather, it has to do with the fact that the United States, the Russian Federation, and Syria have all agreed on a tentative resolution through which a United States backed

Interview of Someone in the Media Essay Example | Topics and Well Written Essays - 1250 words

Interview of Someone in the Media - Essay Example Media was not a passion for Bob. He had in fact planned to be a doctor. During his final high school years however, he flanked some of the major subjects that made up his cluster to enter medical school in college. Surprisingly he is not sad about this anymore because he got to do journalism instead, and he likes it. Now, he is a 37 year old newspaper article writer. His articles mainly focus on current political issues, he analyses trends and predicts outcomes that may occur in relation to specific political changes. He is more of a critique than anything. He is required therefore, to base his articles more on disseminating facts from a personal point of view. The articles may range from focus on a specific politician, to general political policies. In his line of work he sometimes interviews political figures and offers critiques by other writers who do political based writings. When Bob is not writing articles he is dedicated to doing political research. Unlike his writing, his re search is international and pays focus to politics of foreign countries. He uses the findings from his research to contrast the situation back at home. He also volunteers to lecture on a few journalism courses in the local college. There are a number of things that Bob dislikes in his line of work Politics is a dirty game and by extension, politicians are dirty players. Journalism regulations require that a writer publish truths and facts and there are instances that he was pushed to not writing the truth. Another part of his job that is bitter sweet is when he is required to give his own two cents on a matter. Bob is keen to add that he does like giving his opinions which in most cases are very volatile but he is sometimes scared of the outcome. Much as he is committed to his work he hates the long hours he has to put in. Before he had kids he did not really mind but he is a family man and he believes that spending maximum, quality time with his children is important the sustainabi lity of their relationship. The best part of his job he says is the competition. In writing one has to be many steps ahead of his competitors or your columns will become irrelevant. You have to keep convincing your editor that your writing is worth a column or even a whole page by keeping readers hooked. Its all about who is getting the exclusive interview with what top notch political personality, who is giving the best and most quoted critique of the week. He is positive that if he had joined another career he would not have been as happy as he is now. He learns new things every single day of his life. He said and I quote â€Å"it’s like getting paid to have a fun†. His most interesting assignment was when he got to do an article on effects of early childhood on an adult’s character. It was interesting to him for various reasons. The first reason was because this was the first time he had done anything outside his comfort zone. Most of his work is based on pol itics and closely related issues. He claims that the thrill of doing something new was refreshing. The second reason he liked that particular job was because unlike politics getting information from the medical society was easier. All he needed were facts and testimonies from elite doctors who surprisingly were willing to meet him and offer all the information he needed despite their busy schedules. I however think that if Bob were to ask personal or controversial questions he wouldn’

Discuss the reasons why we need a regulatory framework for financial Essay

Discuss the reasons why we need a regulatory framework for financial reporting. What are the advantages and disadvantages of making accounting rules by law as opposed to using IASB standards - Essay Example Due to globalization, many UK companies are now acquiring subsidiary companies in other countries, which function under different financial parameters and there may be a need to modify the existing regulatory and financial frameworks (Haller and Walton, 2003). When different financial accounting standards exist in different countries, it may be necessary to harmonize them and this can only be achieved through modification of the financial regulatory networks. In this context, a report published by the Institute of chartered accountants in Scotland offers the view that the current position in the context of globalization is such that there is an â€Å"ever increasing volume of accounting rules†, which is not sustainable in the long run (ICAS, 2006:2). It’s only principles based accounting is likely to be beneficial Domestic law and regulation has changed in different ways. First, the London Stock exchange was once self regulatory but it is no longer the Listing authority within the U.K. The UKLA (UK Listing Authority) which is a part of the Financial Services Authority (FSA) is now the responsible authority for this purpose. Second, professional bodies which are a part of the UK Accountancy profession, have set up their own private regulatory framework – the Accountancy Foundation – to provide independent oversight of their auditing standards, ethical standards and regulatory activities, including disciplinary procedures. New regulations have also been issued in respect of limiting the remuneration paid to directors and the Companies Act has also been modified (Fearnley and Hines, 2003). These changes in the domestic law mean that the framework which existed earlier and was largely self-regulatory may no longer be adequate. Bullen and Crook (2005) have explained why a conceptual framework is needed. Both the FSAB and IASB, share a common goal of ensuring that their standards are â€Å"principles

Prepare a comparative analysis research paper on people whom you feel Essay

Prepare a comparative analysis research paper on people whom you feel are great business communicators, (e.g. Warren Buffet, Opr - Essay Example As a function of understanding this, the following research will focus upon the means whereby each of these leaders ascribe to the following communications strategies: captivation of listeners by tone and body language and the integration of a tailored/lasered message meant to engage the listener. Due to the fact that it would be foolish and shortsighted to minimize the extent to which key differences play into the process of leadership and communication development, this analysis will include a brief analysis within each of the following sections with regards to how the affected business leaders in question further help to differentiate themselves within such determinants. With respect to the Oprah Winfrey utilizes the first aspect of communication listed above, the observer can quickly note that Oprah herself provides a unique level of interest with regards to the subjects she discusses; acting as a prime motivator for how the shareholder views the product or the situation in quest ion. Rather than merely filling in every space with words, such as many individuals who have received their professional start in talk show hosting are prone to do, Oprah’s ultimate strength is her knowledge of when to allow a sense of effect to develop and when to continue on; when to utilize body language and when not to (Sellers 2002). Similarly, with respect to the second determinant listed above, Oprah exhibits that she understands full well the importance of tailoring and â€Å"lasering† her message to meet the given need within the allotted time frame. This is a skill that many might otherwise overlook; however, it is one of the utmost importance due to the fact that without the ability to target the given shareholder with identifiable and gripping information, no matter how important the subject or how great the need to increase sales might be, the message will doubtless appear flat and otherwise stale (Sweeny 2011). Comparatively, Steve Jobs, during his brief lifetime, utilized the body language as well as verbal imagery to engage shareholders with the excitement and uniqueness of Apple’s product designs. As a means of presenting himself as the sole individual on an otherwise empty stage and methodically yet engagingly discussing these products with both a physical and multimedia audience, Jobs was able to convey a sense of awe and excitement that would likely not have been engaged by a lesser CEO (Gallo 2011). With regards to the second determinant, Steve Jobs seemingly had a type of built-in understanding for the type of language that would grip the consumer and provide them with a sense of awe with regards to the given product. As a function of this, his communication style was not one that wandered from topic to topic during the few brief minutes which he engaged with the public. Rather, there was a direct point, key functionalities, and technical specifications that were related to the would-be user within terms that would no t frighten those that otherwise would not have a great deal of technical expertise or understanding (Cusumano 2011). This primary knowledge of the market with which he was ultimately engaging was the primal reason why Apple has become such a fixture of US technology and engineering that it is today. By realizing what the consumer needed relayed to

Comprehensive Geriatric Assessment Paper Research

Comprehensive Geriatric Assessment - Research Paper Example Presenting complaints For the past five years Mrs.Rozario had been having an increasing memory loss and difficulty to move around for her daily functions. Previously she could walk or board the bus to town for shopping or to church. Her memory too became poorer. Executive functions slowly dwindled and she was unable to do many things herself. Help was needed on occasions. Sleep became disturbed. Moreover she seemed to withdraw from her friends and family whom she used to meet frequently and spend her time laughing and conversing with in better days. Recently she had a fall and had broken her femur. This had upset her further though that phase had been successfully passed over. Winter aggravated her mobility problem. Even with multiple complaints and problems she had been reluctant to approach anyone for help. She attributed her complaints to aging. It was at the behest of her son that she had now agreed to come. With the son’s assistance, the problems were all hopefully reveal ed. Past Medical history It said that she had been taking anti-hypertensives for the last twenty years. She used to be regular in her appointments with the physician but had lost that regularity of late. Previous medical history did not reveal any significant issue. Her pregnancies terminated normally and she has two children. Significant childhood diseases or history of immunizations were not remembered. Hospitalization had been only for her deliveries and her recent fracture femur. With no history of allergies, she could take any medicine. She was on 25 mg. Atenolol daily and had antacids occasionally. Analgesics and pills for sleeping comfortably had been prescribed at the local care center as and when she found it difficult to walk because of pain or could not sleep. She had ill-fitting dentures as she had lost weight recently. Cognitive impairment was present. Nutrition Her diet included more of cereals and porridges with small quantity of fruits and vegetables. Her dentures di d not fit well due to her loss of weight and so she would rather have a diet easily swallowed. She was having a diminished appetite. The history of constipation was elicited. Her son claimed that financial resources were not a hindrance to nutrition as he was looking after her. However she was staying alone and inability to cook her meals and have them could be the reason for the limited nutrition. Current weight was 50 kg. while her expected weight was 65 kg with reference to the Body Mass Index. Recent change in body weight had been noticed after she recovered from the fracture of the femur. Her current medications could have affected her appetite or digestion. Loneliness could be a factor which had limited her nutritional status. Vitamin or mineral supplementation was not her habit. She had mild depression for which she was not being treated. She used to read widely but her vision was failing and she had not met an ophthalmologist for assessment and reading had been stopped. Ther e were no independent transportation facilities unless her son arrived. She was not motivated enough to look after herself. It could be due to her failing cognitive functions. Consumption of her anti-hypertensive drug or other medicines was irregular and consisted of more than 3 drugs. The nutrition assessment was completed with a checklist. Mrs. Rozario agreed to most of the suggestions in the checklist. She ate less than two meals

The Economics of Women Men and Work Assignment Example | Topics and Well Written Essays - 1000 words - 1

The Economics of Women Men and Work - Assignment Example Men labored in the fields, traded, or worked at other jobs in order to bring his earnings home to his wife. The wife then made what was given last. Whether it was gold, bread, or other goods, the wife had to manage it. The wife also made clothes, soap, and other daily essentials. Children were expected to do chores. Cows produced milk, eggs were laid by hens, and other essentials chores were expected from the children. Everyone contributed to the economics of this household. Feminism and Marxism revolutionized the economics of the family. Whereas in the neoclassical family the man held all the power, women started gaining power in the 21st century. Today two working parents are common. What has become even more commonplace is a single family home. Mothers that get child support, or most of the time do not receive child support, are raising children. Divorce has given women a bargaining chip but has created a hardship on the single mothers. Domestic violence has decreased due to divorce, but the divorce rate has risen to nearly a 50/50 percent ratio. Another economic concern is childcare and housework. When women work out, or both parents work out, childcare must be considered. School-aged children must have a care before and after school if a parent has a 9 to 5 job. A nanny might be required for parents working unusual hours like the graveyard shift. Parents might choose to work opposite shifts in order to watch the children. Housework might have to be paid for as well. If two parents, or a single parent, is working too many hours a housekeeper might be necessary. It all plays into the economics of the family. Chapter Four discusses the balance between home and the labor force. The number of hours to work in order to make a living to the women’s attachment to the workforce was looked at. Economically the labor force must balance both work and home.