Macbeth Was One Of William Shakespeares Finest Plays. Although Many P

Macbeth was one of William Shakespeare's finest plays. Although many people have read Macbeth, not many people know that King Macbeth of Scotland actually existed and what influenced Shakespeare to write about him. English culture and society as well as the historical figure Macbeth impacted Shakespeare's infamous play. The historical King Macbeth reigned in Scotland for 17 years from 1040-1057. He had a wife named Coruoch and a stepson named Luloch. Although Macbeth did kill Duncan, he was not the gentle king as described in Macbeth. Killing a king was not uncommon at this time as, Macbeth's 7-9 predecessors were killed as well. In 1050, Macbeth went on a religious pilgrimage to Rome to seek absolution for Duncan's death. Unlike Macbeth, Malcolm (rather than Macduff) killed the historical Macbeth. Luloch, known as the "Idiot," reigned for five months after Macbeth's death until Malcom overthrew him. Although there are differences between Shakespeare's Macbeth and the historical figure Macbeth, it is obvious that Shakespeare based his character on this Scottish king. The person who influenced Shakespeare to write Macbeth was King James I of England, who reigned from 1566 to 1625. King James, who was also known as King James 6 of Scotland, succeeded the throne of Queen Elizabeth. James' mother, Mary Queen of Scots, was known as a tragic queen since she killed James father. At age sixteen, rivals kidnapped James and at age 20, James' mother was executed. King James was intellectual, scholarly, and an "insatiable curiost." His ideal of heaven was the Oxford Library. In 1584, while he was only 18 years old, James wrote Essays of Apprentice in Fine Arts of Poetry. He discussed a new translation of the bible, The Authorized Version, which is the most popular bible today. James also wrote in defense of the Divine Right of Kings- that kings were chosen by God, but they must rule well. King James succeeded in ruling an authoritarian government, but he ruled no better than today's democratic governments. He was known as the wisest fool in Christendom. Jame s was also eager for social reform. He wrote A Counterblast to Tobacco, which is much like the anti-smoking campaigns of modern times. When Shakespeare wrote Macbeth, he was obviously aware of James concern with witchcraft. King James wrote the Daemonologie, an account of his experiences with witchcraft. Once a witch tried to melt James' image in wax, and another witch tried to poison him with toad venom. James is skeptical of witchcraft, but does not dismiss it. One significant event during King James' reign was the gunpowder plot. A party of Christian zealots attempted to blow up Parliament. Henry Garnet, a Jesuit, knew of the plot but lied under questioning sine he thought it was justifiable to conceal the truth. James resented this, and many people sympathized with him. The writing of Macbeth was aimed at the head of King James. James was Scottish, like Macbeth, and enjoyed the play. Shakespeare and his actors were known as the "King's Men" and Grooms of the Chamber. They received increased pay and production time. King James found an ancestor in Banquo and believed that man could ally himself with evil, but cannot create it. Macbeth emphasized the savagery of Scotland, which was all too real for James, who knew the throne of Scotland was worth struggling for. It was King James who conceived the term "Great Britain" when he united England and Scotland. Macbeth was deliberately written for King James I, who influenced many factors of the play. While Macbeth was a real king, Shakespeare intertwined the history of Macbeth with events of King James' life to create this masterpiece.

Analysis Of External Macro Environment Tourism Essays

Analysis Of External Macro Environment Tourism Essays Analysis Of External Macro Environment Tourism Essay Analysis Of External Macro Environment Tourism Essay Kotler identify that in order to fulfill peoples demands and wants, merchandises and services are exchanged in reciprocally honoring minutess, by and large but non entirely, utilizing the pecuniary system. Furthermore, Marketing is to happen out the client demands and wants and fulfill them. Pearl-continental hotels and resorts frequently abbreviated as Personal computer. It is a prima hotel concatenation in Pakistan. It is located in Karachi, Rawalpindi, gwadar, Lahore, Peshawar, Faisalabad, Bur prohibition, A ; Muzafarabad. At the get downing pearl-continental was built in Karachi in 1964 and so in 1967-68 in Lahore. All of these hotels are in tourer topographic points. When tourer enters into the state they want to see beautiful and historic topographic points of in the state. So for that ground the Pearl-Continental direction make their subdivisions near these topographic points as like one is in Bur prohibition. It is located in the Murree part which is a hilly country with bea utiful landscape where tonss of tourer, local and VIP S semen over at that place. The hotel in Karachi is a member of a prima hotel in all over the universe. These hotels are operated and own by Hasoo group, which is an Ismailia concern house in Pakistan. They besides own the Clove Creek hotel in DUBAI, Pearl-Continental hotel flat and hotel one, which is a concatenation of low cost hotel in Lahore, Islamabad, Multan, Bahawalpur and Murree. Currently, they are doing Pearl-Continental tower which is a hotel enlargement undertaking of an bing pearl-continental hotel in Lahore. The proprietors and operators of Pearl-Continental hotels and resort every bit good as conceive the undertaking by Pakistan services ltd. The tower was proposed to be 168m ( 550ft ) and have 42 floors and will be around us $ 80million. 1.1 Description of Pearl-continental: The chief aim of the Pearl-Continental is to be the leader in Hotel industry and to supply excellence service to the client which is built upon the heritage of traditional cordial reception. As I mention Personal computer provide one of the excellence services to their clients. Pear-Continental provides Luxury hotels in Pakistan which have, Swimming pools, Golf class, play evidences, Etc. The staff of Pearl-Continental is good trained and good educated and besides know the regulations of cordial reception so they serve their client in a well mode manner. aˆ? To acquire maximal growing from hotel industry. aˆ? To maintain maintain and add to its individuality aˆ? To supply and keep excellence service base upon heritage of traditional cordial reception aˆ? Provide criterion service which full fill the outlook at international degree. aˆ? Lunch new services and seek to maintain the cost lower limit. aˆ? Provide all the installations to the clients. Figure 1: Goals and objective of Pearl-continental ( Field work ) 2.0 Stakeholder Analysis Figure 2: Stakeholder Analysis, Freeman ( 1984 ) . The traditional definition of a stakeholder is any group or person who can impact or is affected by the accomplishment of the organisation s aims ( Freeman 1984 ) . The general thought of the Stakeholder construct is a redefinition of the organisation. In general the construct is about what the organisation should be and how it should be conceptualized. Friedman ( 2006 ) states that the organisation itself should be thought of, as grouping of stakeholders and the intent of the organisation should be to pull off their involvements, demands and point of views. This stakeholder direction is thought to be fulfilled by the directors of a house. The directors should on the one manus pull off the corporation for the benefit of its stakeholders in order to guarantee their rights and the engagement in decision-making and on the other manus the direction must move as the shareholder s agent to guarantee the endurance of the house to safeguard the long-run bets of each group. Main stakeholders of pearl Continental hotels and their involvement are, 1 ) Board of managers: board of managers are the one of the chief stakeholder of the Pearl-continental. Because they are straight involves in the Pearl-continental determination devising in the new launching undertakings. And in board of managers of Pearl-continental has their proprietor every bit good such as Sadruddin haswani. The chief involvement of the board of manager is to increase the net income. They keep client in head which is external stakeholder. They think that who to crush the rival. 2 ) Government: authorities is a stakeholder every bit good because they take portion in the Pearl-continental determination. Here I can give you an illustration from which you can understand the function of authorities. If Pearl-continental tiffin that we will function you alcohol in every dinner and they advertise it all over in state so the authorities will take action because it is a Moslem state and its illegal to imbibe or sell intoxicant. In another words if they want to get down a undertaking they must take program and permission from authorities otherwise they can non make it. 3 ) Customers: The Pearl-continental chief stakeholder is their clients. If they are non satisfied so their concern will halt. They must maintain client in head they knows the client pick. And the client have a large involvement in Pearl-continental cause it is a luxury hotel they enjoy their service. Pearl-continental besides knows the client demands and wants so some clip they provide assorted offer for their client. Such as free breakfast for two, free dinner for childs etc. 3.0 PESTEL analysis of external Macro Environment. Figure 3: PESTEL analysis of Pearl-continental ( Field work ) 3.1 Introduction: A concern house is an unfastened system. It gets resources from the environment and supplies its goods and services to the environment. There are different degrees of environmental forces. Some are close and internal forces whereas others are external forces. External forces may be related to national degree, regional degree or international degree. These environmental forces provide chances or menaces to the concern community. Every concern organisation attempts to hold on the available chances and face the menaces that emerge from the concern environment. The term concern typically refers to the development and processing of economic values in society. Normally, the term is applied to part of economic activities whose primary intent is to supply goods and services for society in an effectual mode. It is besides applied to economic sciences and commercial activities of establishments which holding other intents. Persons to bring forth goods and services to sell these goods and services in a market topographic point and to harvest some wages for this attempt may specify concern. Functionally, we may specify concern as those human activities, which involves production or purchase of goods with the object of selling them at a net income border . Business organisations can non alter the external environment but they merely react. They change their internal concern constituents ( internal environment ) to hold on the external chances and face the external environmental menaces. It is, hence, really of import to analyze concern environment to last and to acquire success for a concern in its industry. It is, hence, a critical function of directors to analyze concern environment so that they could prosecute effectual concern scheme. A concern house gets human resources, capital, engineering, information, energy, and natural stuffs from society. It follows authorities regulations and ordinances, societal norms and cultural values, regional pact and planetary alliance, economic regulations and revenue enhancement policies of the authorities. Therefore, a concern organisation is a dynamic entity because it operates in a dynamic concern environment. PESTEL analysis is really of import for Pearl-Continental hotels and resorts because the state of affairs is really tense in PAKISTAN. 3.2 Political: There is political instability in Pakistan which consequence the determination doing procedure of the Pearl-Continental. The authorities policies are altering twenty-four hours to twenty-four hours such as monetary values of assorted things/products than its difficult for Pear-Continental to supply same merchandise for their client in low monetary value. The authorities is non helpful in support of the concern. The policies make by the authorities is non in the benefit if the Pearl-Continental because everything is gone up and besides make job for the tourer and locals every bit good. There are ever work stoppages against the authorities policies which have a large impact in Pearl-continental concern. aˆ? Road and rail system aˆ? Political instability aˆ? Lack of good administration aˆ? Health and safety 3.3 Economic: In Pakistan the economic system is traveling down because of unstable authorities and corruptness in every field. The rising prices is traveling high now-a-days so due to which the exchange rates are traveling up besides the involvement rate is high as good amp ; it is really difficult to borrow money for new undertakings and besides the touristry industry is traveling down because of disbursals, terrorist activities, insecure environment so there is low concern now-a-days. Besides there are tonss of revenue enhancements which is additions twenty-four hours by twenty-four hours. It is really difficult for the Pear-Continental to better its concern in this state of affairs. Higher currency makes export hard. aˆ? High rising prices aˆ? Exchange rates high aˆ? Interest rates high aˆ? Economic growing depression aˆ? Taxes alterations high/changes 3.4 Social: Pakistan is a development and ISLAMIC state. So Pearl-Continental must look for the environing society. They can non sell or publicize Alcohol because it is banned and improper in Muslim states. In the Pearl-Continental society there is old, immature A ; kids. They must maintain everyone in head such as for immature they already make playing countries for immature they make swimming pool, football, golf class ETC aˆ? Can non sale intoxicant aˆ? T.V advertizement but in full fabrics aˆ? Target everyone in the society 3.5 Technological: In Pakistan there is deficit of electricity because of over population. So the Pearl-Continental demands to convey heavy generators which provide electricity to the whole hotel and fulfill the client. Needs to convey WIFI to their hotels so that clients use cyberspace anyplace in the hotel. Technology can cut down costs, and better quality. Pear-Continental could nt make chancing because it is against the jurisprudence of the state. They needs to set new level screen T.V in each and every room. They need to present a film hall in every hotel for the clients. They already have a web site but they need to better it so that client can do their reserve rapidly. aˆ? No gaming aˆ? New level screen T.V aˆ? WIFI aˆ? Upgrade web site aˆ? Introduced solar energy 3.6 Environmental: Pearl-Continental must used environment friendly merchandises such as recycle plastic bags. Besides make consciousness in their client to be environmental friendly. They need to purchase new recycling machines which recycle the waste of kitchen and lavatories. Changes in temperature cause a large consequence on touristry and agriculture. As like in summer people travel to cold topographic point but in winter they are at place. Tourism industry cause major impact on environment because people use autos, plane and ship ETC to go which polluted the environment. aˆ? Extra revenue enhancement on air travel by authorities aˆ? Introduce new workss for recycling aˆ? Change in clime aˆ? Used reclaimable merchandises 3.7 Legal: Pearl-Continental must make at that place each and every merchandise should be legal. Means they can non publicize or sale the intoxicant. They are non supposed to make chancing in their hotel. There is military operation traveling on against terrorist groups. In response these groups target such type of VIP hotels. Health and safety statute law is altering every twenty-four hours because of unstable authorities. New employment Torahs are presenting in the state. There is jurisprudence for competition so those little hotels are besides secure from large hotel like Pear-Continental. aˆ? Law and order state of affairs aˆ? Employment jurisprudence aˆ? Competition jurisprudence aˆ? Consumer jurisprudence aˆ? Health and safety aˆ? Gambling aˆ? Banned on alcoholic stuffs 4.0 Main selling issues Marketing issues: Figure-4: Chief selling issues of pearl-continental ( Field work ) There is batch of issues/problems which every organisation confronting now-a-days. I will explicate the issues/problems with the Pearl-Continental. aˆ? Monetary value: Monetary value is a major issue in marketing issues in pearl-continental is that the monetary value of everything is additions twenty-four hours by twenty-four hours so its really difficult for them to engage employees or labor on high rates. They can non get down major undertaking because of expensive labor and expensive stuffs. The monetary value of the trade goods is increasing twenty-four hours to twenty-four hours every bit good. aˆ? Political: In Pakistan the authorities is unstable. And every authorities make alterations to the Torahs such as employment Torahs, monetary value altering twenty-four hours to twenty-four hours. The state is gone expensive because of rising prices. Labour is expensive so it is really difficult for Personal computer to make building and run new undertakings. The authorities can non supply safety to the state either due to which the touristry concern is traveling down and Personal computer is losing client. aˆ? Terrorism: Terrorism is all over the universe now-a-days. But the most they affect Pakistan. Due to terrorism the Pear-Continental is unsecure and in 2009 there was a terrorist onslaught in Peshawar on an American deputation after that the Pear-Continental direction wage an excess money to do modern barriers, cheque points, dog units and excess security staff. aˆ? Environment: There is tonss of pollution in Pakistan. But the authorities is now taking action on environmental pollution. Due to which now Pearl-Continental direction needs to purchase new machinery for recycling now they needs to travel for green selling which will be a large attempt in salvaging the environment. They must do a new thing which is will should be reclaimable. aˆ? Well trained staff: Pearl-Continental got rivals. So they ever spend a batch on staff preparation. Which addition in the disbursals? They want that their staff provide proper service to the client. aˆ? Modern Technology: Pc direction needs new generators/solar system to bring forth electricity for their regular demand because there is electric short autumn in Pakistan. They need to convey WIFI so that client used their cyberspace in every corner of the hotel, new engineering visible radiations. Put cameras in every topographic point of the hotel so that they prevent and leery activities 5.0 MARKET Cleavage: Figure5: Market cleavage ( Field-work ) The procedure of spliting a big market into smaller sections harmonizing to customer/consumer demands and wants . These marketing sections can be aiming by utilizing selling mix. Market cleavage divides the distinguishable group of purchasers with different demands and wants. In market cleavage every person has different demand for each thing. Pearl Continental does non aim one large market for its hotel. Everyone can come here, but the direction of the hotel knows really good that demand and wants is different of every client. Some people came here for concern intents ( set up meeting ) and they are their regular clients every bit good, some is tourers, some people come here for passing their leisure clip with friends and household while some people came here to go to maps. So it means there is different classs of client who visit the hotel with different demands and wants. Due to this ground the hotel direction split its mark market into different sections. aˆ? Geographic aˆ? Demographic aˆ? Psychographic aˆ? Behavioural 5.1 GEOGRAPHIC SEGMENTATION Geo in writing cleavage means that when we divide our market harmonizing to geographics such identify parts, metropoliss, communities, provinces, one or more states. Pearl Continental Divide its market harmonizing to geographic cleavage. Pearl Continental has different subdivisions in different metropoliss of the state which provide different sort of service harmonizing to its geographic cleavage. 5.2 DEMOGRAPHIC SEGMENTATION Demographic cleavage means to split the market into assorted groups based gender, age, household life rhythm, household size, business, instruction, income, race, nationality and race. Demographic factors are popular bases for sectioning mark market. The ground is that wants and demands are different harmonizing to demographic factors. For every demographic variable service is different in Pearl Continental. In this hotel, you can acquire the service harmonizing to sex, race, age, matrimonial status/religion etc. Peoples belong to different age group. Similarly all other factors are besides really of import. 5.3 PSYCHOGRAPHIC SEGMENTATION Psychographic cleavage means to split clients on the base of life styles, societal category, sentiments, activities, personality and beliefs. Some Peopless are might be in the same demographic group but with the different Psychographic group. In Pearl Continental Psychographic cleavage is really of import. Social category is one of the basic features of Psychographic cleavage. In pearl continental largely services belong to societal category. For illustration this hotel offers The Golf Course Facility, Provided for concern people. This installation is largely used by concern category. Hotel besides provides different installations harmonizing to life style. Such as Dumpukht Dish in the Royal Mogul manner. So people with life style can acquire advantage of this service. 5.4 BEHAVIORAL ISSUES Behavioral cleavage includes merchandise / service consumer demands, use, and monetary value sensitiveness and trade name trueness. The above behavioral factors are used by Pearl Continental. Most of the client is sensitive and loyal to their hotel. So for that ground we discuss above every bit good that pearl Continental divide its mark market into different cleavage which is demographic, psychographic and behavioral cleavage. 6.0 Pricing schemes: Figure 6: Pearl-continental pricing schemes ( Field-work ) Price scheme is used by the companies in order to avoid loss and addition clients. Price scheme means to put monetary value of the bing product/new merchandise in new market/existing market. Pearl Continental usage different sort of monetary value schemes here I will discourse some of them. aˆ? Geographical pricing: In geographical pricing the company make up ones mind to put monetary value harmonizing to geographic location. Pearl continental besides used this scheme like in some topographic points the monetary value of the room is low and in some topographic points the monetary value of the room is high. Which in metropoliss the monetary value is low so that gain the client and crush the rivals. And on the other manus pearl continental in Bur bund charge higher monetary value because it is a tourer topographic point and tonss of VIP s visited at that place so this type of people they merely concerned about the service they usually do nt care about money. aˆ? Price price reductions and allowances: Pearl continental used price reduction policy non merely this hotel every hotel/organization used price reduction policy. Discount policy can be unsafe for pearl Continental unless carefully controlled and used as portion of overall selling. Like if you stay for four dark so we will give you breakfast and meal for free and besides will make price reduction in the monetary value of utilizing swimming pool and golf class. aˆ? Promotional pricing: Pearl continental used promotional pricing scheme to increase their gross revenues and convey more clients to the hotel. They provide inexpensive suites on large events such as EID, Christmas, Diwali etc they reduced the monetary values of the nutrient and drinks every bit good. And besides show the set monetary values in their publicity either by measure board, T.V, wireless etc. aˆ? Discriminatory pricing: Pearl continental sell its merchandise and services at two or more monetary values. Like on first of all they charge client harmonizing to their demand and desire. And on the other manus pearl Continental charge less for the same service or merchandise but if he or she wants to purchase in big measure. For illustration if a concern adult male want a room which is usually on ?200 and there is less suites left in the hotel so they might may bear down the client ?230 on the other manus if a client privation to lease two suites so they might may bear down ?410 which is cheaper than the individual room. Pearl continental used pricing scheme to derive net income and derive more clients. Because they are good cognizant of the environing environment. 7.0 Promotion mix: Pearl-continental promotes its hotels and resorts concatenation all over in the state. For publicity they use the publicity mix tools so that everyone knows them in the market. aˆ? Ad: Pearl Continental do advertisement to advance their merchandises and services which they provide. They do advertisement through T.V, Radio, Bill boards, Brochures, Print ads, catalogue, in hotel show, direct electronic mail and postings. Like they send direct electronic mail to the clients who are already register with them. aˆ? Personal merchandising: Pearl continental besides do personal merchandising means they go and visit different people face-to-face or they call them. In personal merchandising the gross revenues adult male might reply the inquiry about the hotel. And he must convert the individual to go his client. It is besides a sort of unwritten presentation every bit good. It includes staff preparation, gross revenues representative, gross revenues meeting etc. the direction besides name client by telephone who are already register with them. aˆ? Gross saless publicity: Pearl Continental do gross revenues promotion it might be through media or non-media. Pearl Continental do gross revenues publicity for a limited clip period to better consumer demand and better the product/service handiness. For this ground they provide vouchers, they arrange concerts, trade shows and exhibitions etc. they besides do purchase one get one hot repast free ( BOGOF ) so that increase their gross revenues. aˆ? Direct selling: Pearl Continental do direct selling which means they send email heterosexual to the clients about their offers, they do nomadic messages, they send promotional letters, they distribute their hotel and resort catalogue, and they besides do on-line show ads. The pearl continental used the promotional mix schemes because they need to they need to capture the whole market. That is the ground they do tonss of publicity and give price reduction and allowance to the clients. Pearl continental has its subdivision in every metropolis of the state. 8.0 Extended selling mix of Pearl Continental hotel and resort: The Marketing Mix is the set of selling tools frequently summarised as the four Postscript: The Product, its Price, Promotion and Place, that the house uses to accomplish its aims in its mark market ( McCarthy, 2001 ) . In more recent times it is more normally called the 7 Ps the 4 Ps with the add-on of Peoples, Process and Physical Evidence ( Chartered Institute of Marketing, 2004 ) . Figure-7: 3 P s of selling mix Chartered Institute of Marketing ( 2004 ) Marketing mix contain entire 7p s in which Price, Place, Promotion and Product is old one and in new construct there is 3p s which is People, Process and Physical grounds. aˆ? Peoples: Peoples are the chief component in marketing mix without people you can non run your concern. Every person has a specific undertaking in the organisation. In Pearl-continental the staffs is good trained and extremely educated. They serve the clients in a good mannered manner. Their attitude, speaking, walking, client helping is perfect that s why they have tonss of clients. That s why they defeat their rivals. aˆ? Procedure: Procedure means that how can client acquire entree to the hotel. Pearl-continental if a client wants to come in foremost they need to go through the security, than they enter in the anteroom, than into the hotel this is a sort of procedure. If you order some nutrient in pearl-continental you can hold it within a minute you do nt necessitate to wait for long clip so there is some procedure which brings the nutrient more rapidly than the other hotel. aˆ? Physical grounds: In physical grounds Pearl-continental gives their images of the hotel room, garden and nutrient Etc in their web-site. Which client can utilize it as physical grounds? When you book a room in the Pearl-continental and when you enter in the room and the room is good clean, furnished, and have latest engineering so it is the physical grounds every bit good. 9.0 Distribution scheme: Pearl-continental distribution scheme is that they have subdivisions in every metropolis particularly in tourist musca volitanss such as Murree, Abbot Abad Etc. Pearl-continental has two type of distribution scheme one is direct and the other is indirect. Direct is that when client come by his/her ego and book room Etc. And the indirect is when client makes reserve by online, through jobber Etc. Pearl-continental besides did understanding with assorted travel agents in the state and outside of the state which conveying client to hotel and in return the hotel gives them committee. Pearl-continental did understandings in assorted air-lines companies as good. So when the Pilot and Air-hostess arrive in the state so the hotel receive them and convey them to the nearest hotel subdivision and in return they took money from the air hose company. Through these schemes pearl-continental make tonss of net income. 10.0 Main merchandises and services: The chief merchandise and services of the pearl Continental hotel is cordial reception in a traditional manner and provide quality service. Pearl-continental makes their net income from nutrient, drink points and suites these are the chief merchandises. Pearl continental has a really big scope of clients which includes VIP s tourer and locals. Pearl-continental marks the concern category the most. Pearl-continental provides quality service to their clients and besides good trained staff because they need to crush the rivals such as Holiday hostel, Marriot hotel, Tajj hotel and many more. They provide assorted installations to their clients. They facilitate the clients in assorted ways such as aˆ? Florist: For the poke of client the pearl-continental brand flower store in every subdivision of the hotel. Although it is a installation to the clients but they can do net income as good. aˆ? Medical room: Pearl-continental has physician in each subdivision so that in instance of any exigency to the clients or staff so that they can handle them ab initio. aˆ? Massage/Spa room: Most of the client like to take massage or to take watering places so for that pearl-continental makes watering place suites. Which non allocated in every subdivision it is merely in specific subdivisions such as in Lahore, Karachi, Islamabad, and Peshawar. Spa/massage is a good beginning of income as good for them. Pearl-continental has tonss of more installations for clients every bit good. aˆ? Golf class aˆ? Swimming pool aˆ? Laundry services aˆ? Provide autos for rent aˆ? Pick and bead service aˆ? Barber store aˆ? Beauty barroom aˆ? Shopping ( rugs, old-timers ) aˆ? Bakery aˆ? Banking: Pearl-continental besides gives premises to Habib bank limited. Who work with in the hotel which takes attention of all banking issues of the clients. 11.0 Task=3 Stages of market research: The research method includes some phases through which we can make research. These phases depend on company/organization type so they choose the best which suits the company. Following phases of the pearl-continental hotels and resorts are explained below: aˆ? Identifying the job and demand: In the first measure the pearl-continental demands to place the job which presently organisation is confronting it and besides to indentify the client demands and wants. And for this ground they need to make probe in internal and external environment in order to screen out the job and besides the client demands and wants. Through external and internal analysis the pearl-continental can the job and every bit good as the client s demands and wants. aˆ? Deciding the research worker: When the pearl-continental identify the demand, want and job than It s of import for the hotel that who can make this research and what sort of attacks should be used to decide these issues. And in this procedure the research worker do some instance surveies in which he/she used the relevant information every bit good as secondary informations. aˆ? Deciding the methodological analysis: In this the research worker used assorted sorts of attacks such as study, interviews, secondary informations analysis etc. The research worker should utilize the appropriate methodological analysis which is relevant to the purpose and aim of the pearl-continental. Pearl-continental demands to follow specific ways/appropriate methodological analysis for look intoing the solution of the job. aˆ? Data aggregation procedure: When the research worker defines the job of the research, than the research worker developed the design of research. This design has a model of ordered actions through which the pearl-continental can accomplish their ends and aims. In this phase the research worker used the mixture technique ( e.g. interview or studies ) , trying methodological analysis etc. 1. Primary informations: Primary informations is such type of informations that is collected for the first clip and does nt be within the records. 2. Secondary informations: Secondary informations consist of attempts of old research workers. Primary information is dependable than secondary informations ( Saunders et al, 2009 ) . Primary informations can be collected by the aid of assorted tools such as interview, studies etc. The pearl-continental research workers do the study on order to roll up information from a big population. In the studies there is a sort of questionnaire in simple apprehensible linguistic communication. Than the research worker collect the study questionnaire for doing the concluding study. While the secondary information is collected from cyberspace, books, articles and diaries etc. That s why pearl-continental used the appropriate tool of informations aggregation. aˆ? Data analysis: In informations analysis the research worker analyse the information which is already collected and so the research worker start redacting it. Data analysis is really of import for the market research program. In this subdivision they edit, tabulate and record the collected informations in a proper manner. Data analysis is really of import for the pearl-continental so that they can accomplish the desirable consequence. The research worker who collects the information is might be in numeral or alphabetic signifi

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Food labeling - Essay Example Even while conceding to the fact that most consumers probably do not read food labels and labels add to the cost of foods, there is a strong rationale for labelling. Food labelling provides consumers with a breakdown of the primary ingredients and composites contained in a food product and, of course, its calorific value. More recently, and as a result of growing health awareness, carbohydrate value was added to food labels (Charles, 2001). There are several reasons for the mandatory labelling of food products, the majority of which derive from the notion of the right to know and from health issues. As regards the first, consumers have a right to know the composition of the food products they are purchasing so that they can make an informed purchase decision. As regards the second, food labelling information is imperative for the millions who suffer allergies, have health issues or are required to adhere to a certain diet. In other words, the value and importance of labelling can har dly be overstated, especially when considering that allergies can be fatal. Therefore, there is a strong reason and specific purpose for mandatory food labelling but the question is whether or not the purpose of food labelling is satisfied. Although most all countries have f... According to Weirich (2007) some countries do not have national laws mandating food labelling while others have made the comprehensive listing of all ingredients and composites, a non-negotiable imperative. In the Middle East, and in compliance with both national laws and international standards, the nutritional information of foods is clearly stated on labels printed onto, and not stuck on, food packages. The mandated information is calorific value, nutritional value, ingredients and additives (Weirich, 2007). Laws in the United States have made the listing of all ingredients, additives, nutritional values and calorific value imperative. Again, labels are printed onto and not stuck on the packages for the purposes of avoiding any possibility of tampering with the labels (Weirich, 2007). The European Union has, by far, the most stringent of the food labelling policies. According to Summers (2007), EU food labelling policies mandate the inclusion of all information related to nutritional and calorific value, ingredients and additives and, importantly, a clear indication of whether any GM ingredients had entered into the making of the product in question (Summers, 2007). While much of the information printed onto these labels tends to escape the understanding of consumers as it is highly scientific, it is still important. Its importance stems from the fact that consumers who suffer from specific allergies will be able to, when reading the label, determine whether the food is safe for their consumption or not. Its importance is also due to the fact that food labelling provides diabetics and obese consumers with the information they need for the limitation of their intake of

Module Synthesis Essay Example | Topics and Well Written Essays - 1250 words

Module Synthesis - Essay Example If this doesn’t have the ability to change and create alternative awareness through conscious beliefs, then it also leads to isolated interpretations and conceptions. This is not only important for basic knowledge but also in relation to the classroom and how information is taught to students (Davis, Sumara, Kapler, 2000). Defining how realities and knowledge changes with new information is an important concept relating to changing perceptions according to the fluid ways that discoveries and information add into belief systems both personally and in the classroom. The first way in which knowledge changes is through alternative realities and perceptions which many live with. An example of this is given by Wade Davis (2011), which shows how different cultures have alternative beliefs and perceptions. The main ideology which Davis states in the beginning is that we all live in the same reality and come from the same human species. However, the difference comes with our culture an d belief in the perception of culture. The areas we live, ideologies we are taught and expectations that occur when growing up are the main areas of knowledge that form our perceptions and beliefs. These change when the beliefs and rituals vary according to the society, culture and religion which one is in. For example, Davis shows that the knowledge of the world for one individual may be based on reaching enlightenment over a period of time while others are based on the surrounding region and what is required to keep balance in the area. Each of these adds fluidity to knowledge and change perceptions according to the main beliefs of the culture (Davis, 2011). The concepts of cultural differences that lead to alternative beliefs are one of the many facets based on awareness. From the example of Davis, it is seen that perception alters according to the environment, culture and the expectations that are a part of the discovery of various areas. The idea relates not only to how knowled ge changes according to culture but also applies to how information can change in the current context of areas such as the classroom. This is not only done with the understanding that knowledge is based on memorization or given lectures and information. Instead, there is a belief and understanding that there is not a fragment in learning. Knowledge comes from the environment, culture, religion, beliefs and rituals that one has. This can be given in the classroom with the way in which teaching occurs and is combined with the society and belief systems one incorporates from outside of the classroom (Davis, Sumara, Kapler, 2000). The idea of culture and beliefs connecting together education and information becomes important with the ideology of integrating the personal beliefs in the classroom while creating more perceptions for those that are learning in a school system. The idea of changing perceptions and knowledge according to culture and environment is further altered with the und erstanding of personal beliefs and how this is not fragmented. When one is able to change the ideas in their mind and incorporate other viewpoints, then it also alters how the world is seen and what changes. An example of this is noted from Jill Bolte Taylor (2011) in relation to how the brain works. The significant point is that insight, ideas and the personal understanding of the world changes even when an individual begins to use a different part of their brain. The idea

In 2015, why are women still earning less than men in Canada Annotated Bibliography

In 2015, why are women still earning less than men in Canada - Annotated Bibliography Example In other words, the author of the article suggest that to some degree womens professional choices predetermine the existence of the pay gap between men and women. In her article on the relationship between gender role attitudes and the pay gap between men and women, Nicole Fortin argues that the differences in wages results from discrimination against women. More specifically, the author has found that in OECD countries, it is believed that men should have more right to jobs compared to women and that the main gender role of a woman is a housewife. In addition to this, Fortin states that inner conflicts can explain the existence of the pay gap as well. In particular, she mentioned the so-called â€Å"mothers guilt†. Finally, based on the data from the World Value Survey, Fortin claims that the pay gap may be explained by the fact that women place a greater value on non-pecuniary aspects of job, which means that women may prefer jobs that offer better working environment rather than jobs that pay more. In her article, Julie Cool studies the issue of the pay gap between men and women from different points of view and suggests the possible causes of this problem. Before the analysis of causes, the author states this trend is a historical one because in Canada occupational segregation has been a normal practice for a significant period of time. As for the possible causes, Cool defines the three of them. The first one is the group of human capital factors, such as education and job experience. As the author claims, today, these factors do not account for the substantial portion of the existing pay gap. The second group of causes is demographic characteristics, such as marital status and the presence of children. The last of them is job characteristics, which include types of work, industries etc. In this regard, the author argues that it is the

Why Use Social Media?

Why Use Social Media? There is no longer a question on the power of social media in driving all types of businesses forward. No matter what type of industry you operate in, you will find that there are far too important benefits to be ignored. With the full understanding of the abilities of each social media and complete guidelines on how to best use them to your advantage, it is now up to you on how you can fully maximize its benefits for your business. Today, social media platforms have invaded and taken over public consciousness. It has become a big part of day to day routines and an indispensable communication tool for people to connect and stay in touch. Consumers have used social media presence as one of the integral basis of a companys legitimacy, reliability and viability. Businesses today are judged based on their Facebook or LinkedIn profiles, and consumers expect companies to respond to the concerns and queries they have tweeted within the day or within the hour. Suffice it to say, social media has managed to steal the thunder away from traditional marketing methods. Modern marketing strategies today have a mix of social media tactics as its integral component for reaching business goals. What is Social Media These days, social media is the buzz word in marketing and a global trend that has gotten everyone of every age engrossed in one, two and possibly even several social media sites. Everyone is on it, in one form or another. But what is it exactly? Social Media Explained in Plain English The term social media has been carelessly tossed around and used too often in online marketing. But what is it really about? In essence, social media incorporates the use of online technologies and methods that allow people to share personal opinions, content as well as swap insights and perspectives with the rest of the world. Social media content can take different shapes and forms: Text often used to write or put across personal opinions or posts Images photos are used to display anything of interest Why Use Social Media Social media has paved the way to a more powerful communication channel for companies to publish their marketing messages all without the exorbitant cost. While we all know social networks is generally used by businesses to engage their target market and study consumer preferences and behaviors, the truth is, it has other equally powerful features that you can incorporate into your marketing strategy, with highly rewarding payoff at that. Here are other areas in your business that you can apply social media to drive success: Customer Service -The ability to respond and react quickly is very critical in todays market, especially in influencing and changing perceptions. Even if a concern has not been resolved immediately, customers will feel their issues were acknowledged and given attention in a timely manner. This is yet another effect of the actualization of an account. This is actually what humanizes the social media. It gives reality to the virtual account; relationships can only be established if a workmate accepts a connection from another worker employed by the same company. Real time conversations happen another benefit of the social media that comes in different forms. As more and more companies and brands readily include their product offers in the social media experience, a growing number of consumers have grown increasingly comfortable with the idea of social commerce. When to use Social Media To effectively use social media to your full advantage, it is important to take time and learn how the ecosystem works and the emerging habits of the social consumers. Recruitment and Retention A lot of employees today decide on whether they want to be a part of an organization or not based on information derived from social networks. It can also present a powerful tool in sourcing social channels that exists through professional networks. Recruitment and Retention A lot of employees today decide on whether they want to be a part of an organization or not based on information derived from social networks. It can also present a powerful tool in sourcing social channels that exists through professional networks. Internal Communications and Collaboration Small and large organizations can largely benefit from social media, in terms of file sharing, collaborative editing and knowledge sharing. Who Uses Social Media According to the Social Media Marketing Report for 2010, an estimated 67% of marketers have actively increased and strengthened their social media channels. As more and more companies work on integrating social media into their corporate marketing and communication plans, there is a growing emphasis for creating a winning social media strategy. Without any semblance of a plan or strategy, your presence might as well be nonexistent or muted. Twitter According to Edison Research, 40% of the total time people are on Twitter are spent on learning about certain products and services or reading/getting feedback from what others have to say about them as well as share personal opinions and experiences. Facebook According to ExactTarget, the primary reason why people LIKE a Facebook page is to establish a sales relationship with a specific brand, through the following: to receive promotions and coupons (40%), derive instant updates on upcoming sales (30%), and to show support for certain brands or companies (30%) Growth of Social Media Social media is very complex and a constantly evolving medium. Its no wonder why many businesses struggle to figure it out and keep up. While a number have enjoyed quantifiable success, there are also many who failed, and the rest have still yet to figure out their social media strategy. When to use Facebook Great Exposure. With millions of users, Facebook offers unrivalled potential for exposure. When used strategically and consistently, Facebook can contribute to the significant increase in your companys online presence and visibility. Post comments, provide insights, advice and tips to earn respect and credibility in your network, and ultimately gain leverage. Provide Regular Updates. Facebook offers you a convenient way to update your network on new products, promotions, and general information about your company to stay fresh and relevant in the minds of your market. Enhance Customer Service. Consumers these days prefer real-time response to queries and concerns. The Facebook page for your business offers a convenient and accessible option for your market to reach you. When to use LinkedIn for your Organization Increase visibility. By establishing connections, you also increase your exposure and visibility. Whether you offer a product or service or both, you profile may be made available to people interested to doing business with, forge partnerships or hire services. Improve network. Connect with people from past acquaintances, people from your school, past companies, affiliations, and those who share your passions and interests. Improve Google PageRank. LinkedIn allows its users to publish and make their profile information available for search engines to index. LinkedIn profiles rank high in Google, so its a great and effective way to influence other peoples perception when they search for you. Enhance search engine results. Aside from your personal profile, you can promote your company website and blog to search engines through your LinkedIn account through the pre-selected categories such as My Website and My Company. Scope out the competition, partners and customers. LinkedIn is one perfect way to keep tabs on your competition as well as partners and customers. Highlight recommendations and reviews. LinkedIn is more like a living, breathing resume of professionals that comes complete with recommendation from people you have worked with and worked for in the past. This presents a wonderful opportunity to secure business reviews as well as the specific products and services you offer. When to use Twitter for your Organization Connect with your customers. This is the primary reason why you should make use of twitter for your business. Twitter has become so much a part of everyones daily routine, its the perfect venue to connect, interact, and study your target marker. Branding. In Twitter, you dont have to be in the league of Nike, Dell or Starbucks to brand and generate interest. In fact, it presents the best platform for small businesses and startups to reach their target niche. Customer feedback. If any customer is dissatisfied with a certain product or service, he/she will no doubt tweet about it. In this sense, Twitter is a reliable resource to derive feedbacks and opinions, as well as study consumer behaviors and preferences. Marketing. With its wide reach, you can use Twitter to market products and/or services to a wider market and the best part is, its free. News. Twitter is the best and fastest way to publish latest updates about your company without the need to compose long, elaborate content. Marketing schemes and promotions. If you have existing promos and exclusive deals, let your network know about it. Everyone loves a good deal. In fact, a lot of companies have conducted contests and promos exclusively for their Twitter followers to engage their market. When to use Google + for your Organization Free SEO Boost. Businesses can use search referrals for conversions. Google+ is built to influence search for people who have included a certain business in their Circle. This offers a great opportunity to get free promotion from people who like and use the product to people who share similar interests. Host Hangouts. The powerful chat function presents a great opportunity for businesses in engaging their customers and thought leaders in a more personal way. In addition, companies that operate from multiple locations can conveniently collaborate and share information and files such as spreadsheets and documents. Expand Distribution of Content. Google+ is a great platform to expand the publication of content distribution. It can be a great way tool to hosts contest and giveaways along with other promotions. Connect with Tech-Savvy Audience. People who are in Google+ are the early adopters of new technologies, a criterion which presents an ideal target market for many businesses. Segment Your Audience. One great advantage of Google+ is the option to share content with specific audiences through Circles. This makes it easier for businesses to segment their market and share content to certain followers. Expand Your Network. Be able to gather data and research on relevant contacts like potential clients and influential personalities in the industry. When to use Pinterest for your Organization Pinterest users rely on images to create a connection. The concept is more like a YouTube only that photographs are pinned, repined and utilized to establish a connection. The beauty of Pinterest is that people can get to develop relationships based on captured images rather than common school or location or unique status updates. If an individual pins a picture, which is liked by another, then a connection can easily be established. More than answering the need to be socially relevant, Pinterest is becoming relevant in marketing as well. It is becoming a reliable source for links that can actually create a consumer base for different brands. It offers an attractive front page, engaging enough for an individual to follow links that will actually convert into sales. Any individual who wants to learn about a business, a thing or simply an interest can easily find individual sites that teach, shares and allows one to share it too.

Chisholm Trail :: essays research papers

Chisholm Trail When the railroads moved west to the Great Plains, the "Cattle Boom" began. Southern Texas became a major ranching area with the raising of longhorn cattle from Mexico. Cattle was branded by the rawhides who guarded them on horseback on the ranges. Before the Civil War, small herds of Texas cattle were driven by the cowboys to New Orleans, some as far west as California, and some to the north over the Shawnee Trail. This trail passed through Dallas and near the Indian Territory, ending in Sedalia, Missouri. In 1866, the Shawnee Trail presented some major problems for the cattle drivers Farmers along the route did not like their fields being trampled. They also objected to the spread of tick fever. Longhorns carried the ticks but were immune to the fever. A few farmers were so angry, they armed themselves with shotguns to convince the cattle ranchers to find another trail north. There was a large increase icattle by the end of the Civil War. Over 1,000,000 cattle roamed the open range. At this time, people in the north had money to buy beef and cattle which was in great demand. A cow that cost 4 to5 dollars a head in Texas was going for 40 to 50 dollars a head in the east. Ranchers hired cowboys for the cattle drives north, realizing the great opportunity for a large profit if they could reach the railroads in Abilene, Kansas. Joseph McCoy, a stock dealer from Springfield, Illinois, decided a new trail was necessary west of the farms. In 1867, he chose a route that would reach Abilene and the railroads with the least amount of problems. This route was to become well-known as the Chisholm Trail. Jesse Chisholm was a half-breed, a Scotch Cherokee Indian trader, who in 1866 drove a wagon through the Indian territory, known now as Oklahoma, to the Wichita, Kansas, where he had a trading post. Cattlemen use the same trail in the years to come, following Chisholm's wagon ruts to Abilene, Kansas, and the railroads. The trail began below San Antonio, Texas, and stretched north for about 1,000 miles. The main course then passed through Austin, Fort Worth, The Indian Territory, and Wichita to Abilene. Side trails fed into the Chisholm Trail. The cattle fed on grass along the trail. Cattlemen moved about 1,500,000 cattle over the trail during a three year span. The biggest year was in 1871, when 5,000 cowboys drove over 700,000 head of cattle along the trail from Texas to Abilene. The Chisholm Trail was the most popular route because of the good terrain.

No god but God

Reza Aslan’s book, ‘No god But God’, is a comprehensive telling of the story and the history of one of the major religions in the world today. Going through the 352 pages of the book, even a person who had no knowledge of Arabia’s pre-Islamic history, no familiarity with Islamic rise, and no previous comprehension of the various teachings and philosophical factors, is a great experience of exploration in the world of Islam and the Muslim way of thought. What makes this book unique is that it connects many of what is going on in the Islamic world with the latest events concerning terrorism and militant Islamic groups in different places of the world. Knowing that Aslan is a Muslim who earned different degrees in Religions and Arts in the United States gives us an idea about the amount of information that each reader can obtain. Throughout the book, the reader is being guided by an insider who is knowledgeable in what concerns all the related elements. And, from the other side, this can be another component in highlighting the fact that the book is written in a way that is easy to understand and that is completely comprehendible. CONTENTS AND THOUGHTS The author of the book begins by explaining the reasons that led him to write the book and to create such a volume about Islam. He explains that the main reason is not to go through the history and present conflicts within the religion, but to attempt to foresee its future and how it will evolve. â€Å"This book is not just a critical reexamination of the origins and evolution of Islam, nor is it merely an account of the current struggle among Muslims to define the future of this magnificent yet misunderstood faith. This book is, above all else, an argument for reform†Ã‚  Ã‚   (Prologue). The book is divided into ten distinct sections; each one goes through a certain stage of the birth and development of the religion. And in many of these chapters, many direct references and explanations are made concerning events that we see today and their origin and impact on the Muslim world of today in relation to a variety of subjects. The first section of the book ‘The clash of monotheisms’, is an introductory part in which the author states the reasons that led him to writing the book. He states that Islam is not, as some claim, a violent religion that cannot co-exist with modern values of democracy and human rights. â€Å"A few well-respected academics carried this argument further by suggesting that the failure of democracy to emerge in the Muslim world was due in large part to Muslim culture, which they claimed was intrinsically incompatible with Enlightenment values such as liberalism, pluralism, individualism, and human rights. It was therefore simply a matter of time before these two great civilizations, which have such conflicting ideologies, clashed with each other in some catastrophic way. And what better example do we need of this inevitability than September 11?† (Prologue). He claims, instead, that certain circumstances were the reason why the Muslim world is so much behind in these fields. In the first chapter of the book, ‘The sanctuary in the desert: pre-Islamic Arabia’, the reader can virtually live through the conditions and events that were taking place in Arabia before the emergence of the religion. Here we find many indications to the fact that, contrary to the reality of today, the Arabian Peninsula was populated by the followers of many religions: Jews, Christians, and others. â€Å"It is here, inside the cramped interior of the sanctuary, that the gods of pre-Islamic Arabia reside: Hubal, the Syrian god of the moon; al-Uzza, the powerful goddess the Egyptians knew as Isis and the Greeks called Aphrodite; al-Kutba, the Nabataean god of writing and divination; Jesus, the incarnate god of the Christians, and his holy mother, Mary† (Aslan 3). And in reference to the Jewish community the author states: â€Å"The Jewish presence in the Arabian Peninsula can, in theory, be traced to the Babylonian Exile a thousand years earlier, though subsequent migrations may have taken place in 70 C.E., after Rome's sacking of the Temple in Jerusalem, and again in 132 C.E., after the messianic uprising of Simon Bar Kochba. For the most part, the Jews were a thriving and highly influential diaspora whose culture and traditions had been thoroughly integrated into the social and religious milieu of pre-Islamic Arabia† (9). The following three chapters, ‘The keeper of the keys: Muhammad in Mecca’, ‘The city of the prophet: the first Muslims’, and ‘Fight in the way of God: the meaning of Jihad’, give the reader an in-depth clarification about how Islam came to life, from the beginning of the story of the prophet of Islam, Muhammad, his life before recognizing the mission that he was set to accomplish and the various events that shaped the era of the beginning of the new religion and how the Muslim believers, including the prophet himself, were treated by the people of their tribe and all the conditions that led the Islamic state to be established in Medina instead of Mecca, the original city of the prophet. What is interesting in this book is that it makes, during the telling of the story, references to many things that we see today in the Muslim world. One of the examples of this is the reference made to the story of the Hijab or the Islamic clothes and head cover of Muslim women, which has became an identifying characteristic of Muslim women today. It is surprising to find out that the whole idea is not even brought by the Quran or the original Islamic teachings: â€Å"Although long seen as the most distinctive emblem of Islam, the veil is, surprisingly, not enjoined upon Muslim women anywhere in the Quran. The tradition of veiling and seclusion (known together as hijab) was introduced into Arabia long before Muhammad, primarily through Arab contacts with Syria and Iran, where the hijab was a sign of social status. After all, only a woman who need not work in the fields could afford to remain secluded and veiled†¦ the veil was neither compulsory, nor for that matter, widely adopted until generations after Muhammad’s death, when a large body of male scriptural and legal scholars began using their religious and political authority to regain the dominance they had lost in society as a result of the Prophet’s egalitarian reforms† (65-66). The next chapter, ‘The rightly guided ones: the successors to Muhammad’, goes through the events that took place after the death of the prophet, and how conflicts appeared on the succession in what concerns the position of Islamic leader of Caliph, or successor. The sixth chapter, ‘This religion is a science: the development of Islamic theology and law’, is the one that contains most of the information about the teachings, the myths, the different philosophical views, and the various rituals that make up the religion. Here, the reader will have an idea about the different schools of thought. The following chapter, ‘In the footsteps of martyrs: from Shi’ism to Khomeinism’, presents the story of how the Shi’ite Muslim sect appeared as a result of the killing of Ali, the fourth Caliph after Muhammad and the political and religious consequences of this appearance that we can see in our world today. It relates the new factors of faith that were introduced into Islam by the Shi’ite sect and how those factors were always being used according to desires and wishes of the leaders, such as Kommeini in what concerns modern Iran. Next, the chapter ‘Stain your prayer rug with wine: the Sufi way’ is a description of another sect of Islam, which is Sufism. It goes through many of the different concepts that Sufis use and believe in which are completely different than those of mainstream Islam and Shi’ite Islam. The ninth chapter, ‘An awakening in the east: the response to colonialism’, talks about the effects of European colonialism on Muslim countries and the way that it was faced: â€Å"the nationalists sought to battle European colonialism through a secular countermovement that would replace the Salafiyyah's aspiration of religious unity with the more pragmatic goal of racial unity: in other words, Pan-Arabism† (Aslan 233) The final chapter, ‘Slouching toward Medina: the Islamic reformation’, discusses the establishment of the Muslim states after the end of colonialism. An interesting idea that the author presents in this chapter is the comparison between the reforms that took place within the Christian history which led Christian societies to move towards democracy, human rights, and pluralism and the conditions that are being shaped today within Islamic societies. And he states that Islamic societies may need to go through violent and extremely shaky conditions before reaching the final desired destination that others in the Western world reached. According to the author, there is an ongoing struggle taking place in the Muslim world between the forces of traditional religious beliefs and those that want to move their societies into the modern foundations of democracy and human right. He states that â€Å"in the developing capitals of the Muslim world – Tehran, Cairo, Damascus, and Jakarta – and in the cosmopolitan capitals of Europe and the United States – New York, London, Paris, and Berlin – where that message is being redefined by scores of first and second generation Muslim immigrants. By merging the Islamic values of their ancestors with the democratic ideals of their new homes, these Muslims have formed†¦ a ‘mobilizing force’ for a Muslim reformation that, after centuries of stony sleep, has finally awoken and is now slouching toward Medina to be born† (Aslan 254). In many parts of the book, there is a mentioning of terrorism and the reasons that led to its creation. Ben Laden is mentioned several times, even though the concepts that the author wants to express are not presented in the level that a reader expects. Aslan states that Ben Laden’s concept of Islam is wrong and that it is not the conception of the majority of Muslims: â€Å"Muslims may share bin Laden's grievances against the Western powers, [but] they do not share his interpretation of Jihad† (87). CONCLUSION The book is a rich source of information about the history of Islam and the about the Muslim societies of today. It gives the reader a full, even though not detailed, description of everything that led the reality of those societies into what is being seen today. The writer tried to show the true face of Islam and to explain to everyone that what extremists stand for today is something that has nothing to do with religion, and that they have their own version and interpretation of the Quran. The author, to a certain extent, succeeded in clearing many points about the religion and to underline the idea that Islam is originally a peaceful religion. The book was certainly worth writing and publishing especially in this time when everyone should know more about the other in order to avoid and prevent further confrontation. Works Cited Aslan, Reza. No god but God: The Origins, Evolution, and Future of Islam. New York: Random   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   House, 2005.   

Your 3 Step Cheat Sheet on How to Get a Job

Your 3 Step Cheat Sheet on How to Get a Job If you’ve been on the job hunt before, you know that a stellar resume and solid-gold experience are really only part of the process. Everything else hinges on how you present yourself in writing and in person. Hiring managers aren’t shy about sharing tips for job-seekers- after all, they have a huge interest in finding the best person available, and they want you to be that person. It’s a win all around when you get hired, so it’s in your best interest to take their recommendations to heart. So what do you need to know? Let’s walk through some of the most important strategies on how to get a job. . 1. Before You Apply2. The Interview3.  After the InterviewBefore You ApplyDon’t just dive in without a plan–disorganization will make both you and your job search process scattered and messy.Be focused (and realistic) in your search.If you’re looking to move up in your field, don’t apply for jobs that are a total reach for yo u, experience-wise. Make sure you’re applying for jobs that you can plausibly do with your experience level and skills. (The Muse recommends having 80% of the job requirements if you’re reaching.) If you’ve only had one three-year job out of school, applying for a CEO position because it came up in a keyword search is not going to be a productive use of anyone’s time. If a job calls for five years of experience when you have four years plus the requisite skills, that’s more reasonable. Just prepare to emphasize the skills and qualities that qualify you to do the job. Don’t apply indiscriminately for jobs in your industry and wait for something to stick.Know the job and the company.If you get stumped by a basic question like, â€Å"So what attracts you to this company?† in the interview, things are not going to go great from there. Doing some super-basic research ahead of time is the bare minimum of the prep you need to do when you app ly for a job opening. Not only can it help you form your interview talking points, but it could also set off any red flags early in the process. If you’re really interested in a marketing position at GiantCorp, but find out that you’d be marketing baby seal poison, that might not jive very well with your longtime ASPCA volunteering. It’s a waste of your time (and the hiring manager’s) if you go far down the path for a position or a company you’re really not interested in.Also know the company’s culture.If you’re looking for a company where you can wear jeans a few times a week and have a strong work-life balance, then you’re not going to be very happy if you accept a job at a place where you’re expected to wear formal business attire for your 75-hour work week. This can be tough to scope out ahead of an interview, but if you poke around the company website and check sites like Glassdoor, it can give you a glimpse into wh at it’s like to work for the company.Tailor your resume.This goes back to the first point, about not taking a one-size-fits-all approach. The recruiter or hiring manager is looking for The One, the Candidate to Rule Them All- not a vague outline of a person. Your job is to make them see how well you fit into this role, not every possible job opening. Before you apply, make sure your resume is massaged to match the job description, and you’ve played up your skills and experience accordingly.List job-specific skills on your resume, especially software.This is kind of an extension of the tailoring, but it also works even if the job description doesn’t ask for specific software proficiency. This is a quick, easy way to convey very specific information to the hiring manager. If you decide to hold out until the interview to talk about your Excel ninja skills for a job that lives and dies on spreadsheet analysis, it might already be too late, with your resume in the â €Å"nope† pile. It’s also an easy way to get past automated resume readers and keyword searches.The InterviewCongrats! You’ve made it to the next step. The prep work is done, right? Not so much. This just opens up a whole new set of expectations.Be confident- and show it.There’s always a chance that the interviewer will see past any nerves and decide that you’re supremely qualified, despite your nervous rambling or lack of eye contact. (I say this with love and respect, as a fellow introvert who has always struggled with interview confidence.) But you can’t really bet on that- you need to be as confident and clear as you can be in the interview. Practice your talking points (skills, experience) ahead of time, so that pauses can’t be misconstrued as â€Å"stalling for time† or its insidious cousin, â€Å"making stuff up.† Practice your interview handshake and eye contact, as well as your body language. And try to relax. T he stakes may feel high, but you want the interviewer to see as much of the real you (awesome professional edition) as possible.Be early(ish).The interview arrival sweet spot is 10-15 minutes ahead of your scheduled time. That gives you time to check in with someone (a receptionist, building security, etc.) and sit quietly for a minute to collect your thoughts. Being late is a no-no, but so is being too early. It’s awkward to sit around, and it’s awkward for your interviewer if he or she knows you’re just sitting around for 20 minutes while they wrap up another interview or try to get something done before your meeting. If you find you’re about to arrive at the place really early, kill time outside. If there’s a coffee place nearby, grab a small cup of your preferred beverage (maybe even a lucky scone). Catch up on headlines. Review your interview prep notes. Then, when you’re down to ten minutes ahead of game time, head into the building.Dr ess the part.Even if your pre-interview research tells you that everyone wears fashionably ripped jeans and concert tees to work at this place, dress up for your interview. Going too casual telegraphs that you don’t take this very seriously. You will never go wrong wearing with a clean, ironed, well-fitting suit for your interview.Don’t be snarky or inappropriate.Tone is super-important in your interview. You want to be approachable, and light jokes are fine- especially in the small talk phase at the beginning, or later in the congeniality competition. However, keep it light, and never make jokes at the expense of the interviewer, or the company.Don’t lie.Just don’t. Don’t exaggerate your Spanish skills on your resume, because you might walk into an interview with someone who spent three years living in Barcelona. Don’t suggest that you practically ran the place at your old job, because a quick call to someone at your old company could contr adict that right quick. It’s okay to play up skills and experiences, but always be sure you can back them up with specifics and references. If you get caught lying, that’s pretty much an automatic dealbreaker. Even if it’s a little fib, it throws your whole resume in doubt.Ask questions.If you don’t have any questions about the job, the day-to-day, or the people you’d be working with, the interviewer may get suspicious that you don’t care, or that you don’t really see yourself in the role. Up to now, it’s likely that you’ve only seen the posted job description- and those are usually bare bones at best. This is your chance to learn more about what the job is actually like, and figure out how you see yourself fitting in.RELATED:  The Best Questions to Ask During A Job InterviewAfter the InterviewYour job isn’t done when you walk out of your interview. For better or worse, you’re being judged on your post-in terview behavior–stay on your best and classiest behavior all the while.Send a thank you note.Even if the interview went terribly. Even if you said a lovely and poignant â€Å"thank you† to the interviewer as you left the room. Send the thank you note. It’s a nice touch, and lets the interviewer know that you’re still engaged and vested in this process. If you can drop a quick handwritten note in the mail, great- people appreciate that personal touch. At a bare minimum, send an email that same day.RELATED:  6 Steps to Writing a Great Thank You NoteDon’t pester anyone for a response.Whether you’re a kid or you’re a grown professional anxious to get word about your future, â€Å"Are we there yet? How about now? Okay, how about†¦now?† is not a good look. After the interview, give the company room to breathe. They might be meeting with other candidates, or going through an internal review/approval process. You won’t w in any bonus â€Å"hire me† points by checking in with HR (or the interviewer) every single day. Before you leave the interview, ask the interviewer if there’s a time frame for next steps. If that time passes and you’re anxious, you can send a brief email asking if there’s anything further they need from you. If you don’t hear back after a month, especially if your check-in email went unanswered, it’s safe to assume this just wasn’t to be.Remember: even when this job hunt feels like an impersonal process, there are always humans behind it reading your resume, and trying to get a sense of who you are. They see the good, the bad, and the ugly come across their desks when it’s time to hire someone new, and have a vested interest in making sure you fall into the â€Å"good† category and become an asset to their team. It may feel like a bit of a chore to have a checklist of actions to make yourself more appealing, but it†™s totally worth it in the long run.

Financial report on luton brickworks Plc. The WritePass Journal

Financial report on luton brickworks Plc. Introduction Financial report on luton brickworks Plc. IntroductionWhat is Dividend?Types of Dividends:CASH DIVIDEND:STOCK DIVIDEND:STOCK SPLITS DIVIDEND:SHAREHOLDERS WEALTH MAXIMIZATION:ARGUMENTSDIRECTOR A:Formula for Walter’s model:Arguments in favour of statement:Arguments against the statement:DIRECTOR BAssumptions of MM modelArguments in favour of statement: (MR.B)Arguments against the statement: (MR.B)DIRECTOR CArguments in favour of the statementArgument against the StatementFACTORS DETERMINE DIVIDEND PAYMENT:FACTORS AFFECTING DIVIDEND POLICY:NATURE OF BUSINESS:COMPOSITION OF SHAREHOLDING:RESTRICTIONS BY CONCERNED BODIES:INFLATION:FIRM ORIENTED CONSIDERATION:LIQUIDITY:OWNERSHIP CONSIDERATIONS:CONCLUSION/RECOMMENDATIONSREFERENCESRelated Introduction Luton Brickworks plc is newly formed company which aims to maximise the wealth of its shareholders. The board of directors of the company is currently trying to decide on the most appropriate dividend policy to adopt for the company’s shareholders. However, there is a strong disagreement between three of the directors concerning the benefits of declaring cash dividends. Director A argues that cash dividends would be welcome by investors and that a high dividend payout ratio as possible would reflect positively on the market value of the shares. Director B argues that whether a cash dividend is paid or not is irrelevant in the context of shareholder maximisation. Director C takes an opposite view and argues that dividend payments should be avoided, as they would lead to a decrease in shareholder wealth. Required: Present the theory of organisational dividend policies and integrate the assignment into your discussion. a) Discuss the arguments for and against the position taken by each of the three directors b) Assuming the board of directors decides to pay a dividend to Shareholders what factors should be taken into account when determining the level of dividend payment. What is Dividend? The term dividend refers to the part of divisible profits among its shareholders. In other words, dividend is that portion of company’s profit which is distributed among its shareholders as a percentage of par values of share at a fixed rate per share according to the decision of its board of directors. The main purpose of any business is to create profits for its owners. When any company earns profit from its business, they can reinvest that money in their business, but some companies pay profits to its share holders. However when a company decides to pay dividend to shareholders, the cash available for business will reduce. Dividend inukare paid on a semi annual basis, net of deduction of tax at the standard personal income tax rate, these are called interim dividends. These interim dividends tend to be smaller than final dividends due to cash flow, taxation financial planning considerations (Sangray, 2010). Types of Dividends: 1)  Ã‚  Ã‚  Ã‚  Ã‚   Cash Dividend 2)  Ã‚  Ã‚  Ã‚  Ã‚   Stock Dividend 3)  Ã‚  Ã‚  Ã‚  Ã‚   Stock Splits Dividend CASH DIVIDEND: Cash dividend plays a dominant role in sharing company’s profit; shareholders are being paid in part of company’s profit. However in US they double the taxation of cash dividend at a maximum rate of 15% and dividends are distributed to shareholders only after company pays income tax. STOCK DIVIDEND: Stock dividend is paid to shareholders only if the companies not having healthy cash position, by combining the profits of both current previous year. Such shares are also called as ‘bonus shares’ instead of paying dividend as cash. There is no great change in equity of shareholders, as stock dividend is paid until actual stock sold in order to avoid paying taxes. In general share holders have more scope to receive additional shares from the company, where it depends on the amount already owned by shareholders. STOCK SPLITS DIVIDEND: Stock split dividend is performed in a company, if there is increase in share price, obviously investors shares become too expensive to buy. Whereas liabilities, assets, equity remains same. InUKstock split is referred as â€Å"scrip issue†, â€Å"bonus issue†, â€Å"capitalization† or â€Å"free issue†. This stock split dividend resembles stock dividend. Source: investopedia.com/terms/s/stocksplit.asp SHAREHOLDERS WEALTH MAXIMIZATION: Shareholders profit maximization consolidates the volume of risk time. The goal of SWM states that the present value of the expected future cash flow of the firm should be maximized to shareholders. ARGUMENTS DIRECTOR A: He argues that cash dividends would be welcome by investors that a high dividend payout ratio as possible would reflect positively on the market value of the shares. This argument deals with RELEVANCE THEORY, where the supporting model for this argument is WALTER’S MODEL James E. Walter (1999):   dividends are relevant. The investment policy of a company dividend policy both are inter-related as they cannot be separated by their own. The value of an enterprise will be affected by dividend policy. Formula for Walter’s model: P= D/Ke-g Where P= PRICE OF EQUITY SHARES D= INITIAL DIVIDEND Ke= COST OF EQUITY CAPITAL G= GROWTH RATE EXPECTED ANOTHER MODEL WHICH SUPPORTS THIS ARGUMENT IS GORDON LINTNER MODEL Dividend relevance, as argued by â€Å"Linter and Gordon†, suggested that investors preferred dividends to capital gains due to their certainty w  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The Gordon model can be used to find the theoretical value of a share by summing the shares discounted future dividend payments to infinity: P0   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     = Do (1+g)/(y-g) Where: P0 =  Ã‚  Ã‚  Ã‚   current ex-dividend market price of the share r  Ã‚   =  Ã‚  Ã‚  Ã‚  Ã‚   shareholders required rate of return g  Ã‚   =  Ã‚  Ã‚  Ã‚   expected future growth rate of dividends D0 =  Ã‚  Ã‚  Ã‚   declared dividend at time t0 Dividend relevance was further supported by the argument that dividends were seen by investors as signals of a company’s future profitability. Arguments in favour of statement: 1)  Ã‚  Ã‚  Ã‚  Ã‚   The company should pay dividend to shareholders if they have sufficient liquidity to satisfy their requirements. 2)  Ã‚  Ã‚  Ã‚  Ã‚   The dividend acts as a signal to investors about the profits of the company is higher or not. 3)  Ã‚  Ã‚  Ã‚  Ã‚   The company’s market value confidence in society increase only if the dividends are paid to investors. 4)  Ã‚  Ã‚  Ã‚  Ã‚   If company pays regular cash payments to customers the firm will be recognised in the market to get financial support from other institutions with reasonable interest rates. Arguments against the statement: 1)  Ã‚  Ã‚  Ã‚  Ã‚   If the company pays dividend to investors in initial stage, it may lead to failure in important opportunities. 2)  Ã‚  Ã‚  Ã‚  Ã‚   The share value of the company decreases if the company pays more dividends to shareholders. This leads to negative impact in the market. 3)  Ã‚  Ã‚  Ã‚  Ã‚   According to nature of the business the company may suffer loss, as dividend may adversely affect the company. 4)  Ã‚  Ã‚  Ã‚  Ã‚     The regular payout of dividends will also be taxed on regular intervals, as they are corporation profits. If this profits are transferred to reserves,(capital gains) in long run, the total impact of tax would be less than the tax paid on regular dividend payments. DIRECTOR B Argues that whether a cash dividend is paid or not is irrelevant in the context of shareholders maximisation. This argument deals with IRRELEVANCE THEORY, the supporting models for this theory could be MILLER MODIGLIANI MODEL According to â€Å"Miller and Modigliani† (2010 Sudesh Sangray) the dividend payments were irrelevant should only be offered as a residual the value of a firm is unaffected by the distribution of dividends and is determined solely by the earning power and risk of its assets. The dividend policy may have no influence on the market price of the shares. Assumptions of MM model Surveillance of perfect capital markets and investors in it are rational. Securities are infinitely divisible, as there is no transactions cost, investor cannot influence the market price of securities and there are no floatation costs.   There are no differences in tax rates which are applicable to capital gains and dividends. The investment policy of a firm does not change.   It implies the financial status of the company which gives an opportunity to invest in new projects. As retain earnings will not change the business risk of the firm.   Arguments in favour of statement: (MR.B) 1)  Ã‚  Ã‚  Ã‚  Ã‚   Investors will not get affected if dividend is paid but investment policy will have impact on shareholders wealth maximization. 2)  Ã‚  Ã‚  Ã‚  Ã‚   The investors are less concern about dividend payment as they always want to maximise their wealth. 3)  Ã‚  Ã‚  Ã‚  Ã‚   The home made dividend pays to shareholders who expect regular income selling particular shares instead of anticipating dividend. 4)  Ã‚  Ã‚  Ã‚  Ã‚   If a company tries to get income from external source, by supplying sufficient funds, then retain earnings come completely irrelevant. Where shareholders wealth can be maximised by getting income from external source. Arguments against the statement: (MR.B) The perfect capital market is unrealistic. Practically, there are taxes, floatation costs and transaction costs. Paying present cash dividend is far better than capital gains, where whose appearance is definite more accepted by the shareholders. If a company paying dividend from external source of income is not a good idea, as it leads to increase in interest rate gearing ratio, which will effect shareholders wealth. DIRECTOR C This argument deals with which is similar to relevance theory, there is no specific model that supports this argument, but Argument for and against that Dividend payment should be avoided since it reduces Shareholders Wealth Arguments in favour of the statement Net income of the share holders decreases, as they pay taxes on dividend received. This result to decrease of wealth. The profitable opportunities for firm reduce, when there is regular payment of dividend to shareholders. So, the firm should try to avoid the dividend payment to its shareholders and try to concentrate on its investment opportunities. Argument against the Statement As mentioned by â€Å"Watson Head† (2004) in the article â€Å"DIVIDEND POLICY† cash dividend plays an important role to provide reliable information to the investors. That financial condition of company is strong. The uncertainty of shareholders income reduces when payment of cash dividend is high. The management tries to reduce conflict ensure their personal benefits are mention, as there is a scope of agency problems because of owner’s interest. There is decrease in interest rates when dividend payment is high which indicates the shareholders wellbeing is doing well by management are not. FACTORS DETERMINE DIVIDEND PAYMENT: The decision of dividend is difficult because of conflicting objectives lack of decision making techniques, maximizing shareholders wealth is not easy in the long run. FACTORS AFFECTING DIVIDEND POLICY: NATURE OF BUSINESS: Mostly dividend policy is adopted by companies which earn unstable profits; where it is different from company earn stable profits. COMPOSITION OF SHAREHOLDING: If the company have cumulative preference shares, they have to be paid the present year dividend in the next year along with next year dividend and if it has equity share they need not be paid even the company has profits. Example: Microsoft etc. RESTRICTIONS BY CONCERNED BODIES: In long-term some financial companies restrict the company on paying dividend to shareholders, they pronounced a clause that no payment to be made till the loan amount is repaid back to financial institutions. INFLATION: During inflation it is not much important to pay dividend. As there is no chance of replacing the equipment as funds are generated from depreciation. FIRM ORIENTED CONSIDERATION: The dividend policy is not determined by ownership interest rates. As firm’s needs are considered as important, this includes the following. Business cycles Risk of losing control on organization Post dividend policies and stockholders relationships. Relative cost of external funds Contractual legal restrictions Availability of external capital LIQUIDITY: As explained in Investopedia Dictionary. â€Å"The degree to which an asset or  security  can be bought or sold in the market without affecting the assets price.  Liquidity  is characterized by a high level of trading activity†. To increase the sales profits earned by company should reinvest in fixed assets working capital. There are some companies which cannot generate sufficient cash even if they get profitable income. OWNERSHIP CONSIDERATIONS: The identification of owner’s interest becomes difficult if it is decentralized on wide spectrum. As every shareholder have their own objectives different opinions. Investor companies are which combines the mix of both growth desired dividends. CONCLUSION/RECOMMENDATIONS Concluding that, this report explains the financial status of the company and their decision regarding shareholders wealth maximization. 1)  Ã‚  Ã‚  Ã‚  Ã‚   Dividend is paid to shareholders dividend policy is taken to distribute dividend to shareholders. 2)  Ã‚  Ã‚  Ã‚  Ã‚   There are 3 types of dividends cash, stock, stock splits dividend, which plays a key role in paying dividends. 3)  Ã‚  Ã‚  Ã‚  Ã‚   Paying dividend to shareholders is an added advantage, which increase the company’s reputation in the market. 4)  Ã‚  Ã‚  Ã‚  Ã‚   There is a possible adverse effect to the company depending on the nature of the business. 5)  Ã‚  Ã‚  Ã‚  Ã‚   As investors always look forward to maximise their wealth. 6)  Ã‚  Ã‚  Ã‚  Ã‚     It is not a good idea to pay dividend to shareholders now, as investors may think that the company is not having any future projects to enhance their business. 7)  Ã‚  Ã‚  Ã‚  Ã‚   Recommending that the company should wait for some time to gain good reputation in market and investors as well to get more profits, which help to increase in market share, and overall profits of the company. 8)  Ã‚  Ã‚  Ã‚  Ã‚   Concluding that as Luton Bricks Plc is new to company in market, there will have less scope for earning profits. REFERENCES DR.R.SRINIVASAN. (2009).  Important theories of dividend policy an appraisal.  Available: articlesbase.com/finance-articles/important-theories-of-dividend-policyan-appraisal-1353119.html. Last accessed 2nd Aug 2010. Linter. John. (1956). Distribution of income corporation among.  The American Economic. 46 (2), 2-15. American psychological association. Www.dictionary.com. dividend, Collins English dictionary, 10th edition. May 22, 2011. Pike Richard. (1996). Decisions and Strategies. In: Richard Pike and Bill Neale  Corporate finance and investment. 2nd Ed.New York: Prentice Hall,. 196-216. Watson, Denzil. And Head Antony(2007).  Corporate finance: principles and practices. 4th ed.Harlow: ft/prentice hall. pg.no:286. Sangray, S. (2011) Week-10. Advanced Corporate Finance, Dividend Policy. (Online). Available at www.breo.beds.ac.uk.(accessed on December 10, 2010). Gitman, L., J. (2009) the principles of managerial finance. 12th ed.London: Pearson Prentice Hall. Agrawalsumeets. (2010).  Theories-of-Dividend-Policy.  Available: scribd.com/doc/28162428/Theories-of-Dividend-Policy. Last accessed 27 July 2011. Dictionary. (2007).  Dividend.  Available: investopedia.com/terms/d/dividend.asp. Last accessed 02 august 2011.

Human Resources - Total Rewards Assignment Example | Topics and Well Written Essays - 1000 words

Human Resources - Total Rewards - Assignment Example The specific choice of the entertainment industry is justified as this is one of the most happening sectors, undergoing change and the players are growing more and more competitive to gain a larger share of the market pie. Such a dynamic workplace also demands to attract equally energetic and vibrant workforce. Compensation and benefits, reflected by the total rewards package is primary force of motivation in this regard, as it helps catch the attention of right candidates. Health benefits cover medical, psychological, eye-related, dental and prescribed drugs, Disney Health Pursuits Wellness, insurance for life, accident, disability, care etc and Healthcare and Dependent Day Care Flexible Spending Accounts Career development programs such as Chairman’s leadership program, Next Generation chairman’s program, Breakthrough leadership program, Time for tomorrow, Non-profit board leadership, digital insights, leading to results Providing the supporting network and resources for the career development of employees is in a way making them contribute their best to the organisation, which in turn leads to consumer delight, as only happy employees can make the customers happy. Delivering products of high quality is certainly in the hands of employees, especially in the entertainment industry. According to such a respect and status to employees through Time Warner’s Employee First philosophy and benefits programs certainly facilitates the staff to deliver the quality. Compensation strategy supports the mission statement by warding off all the work and personal concerns of the employees and helping them stay career focused and pursue their passion for entertaining the audience As the company aspires to create dynamic products, it keeps the employees conversant with these products through the training programs. While the benefits package takes care of the employee concerns about family health, holidays, working hours and social responsibility, the staff can concentrate on innovation and be improving the quality of life of customers by the way of entertainment.     

Expansion and Merger Research Paper Example | Topics and Well Written Essays - 1000 words

Expansion and Merger - Research Paper Example But empirical evidence points to the fallacy of this theory. As it is, government intervention is only sought when there is a major economic crisis, like during the 2008 Wall Street crash. It is a bit unfair for the general population that tax-payer money is doled out to greedy corporations when they are in trouble. At the same time, during the boom their behavior is not regulated in the name of Laissez-faire. The activities of the financial services industry being the cause for the current economic slowdown, it would be prudent to call for greater government regulation in this area. The prospects and possibilities of Armor Bank for further expansion will have to be weighed in the broader context of the stability and long-term sustainability of the economy. 2. Justify the rationale for the intervention of government in the market process in the U.S. The American economy had always seen cycles of boom and bust. It is fair to say that the domestic and economic policies framework of var ious American Presidents of past have been generally business friendly and thereby been lax on regulation. The most recent economic crisis witnessed across the world was precipitated by financial institutions in the United States. The collapse of the Lehman Brothers in 2008 brought to light the reckless and greedy decision making of top executives in this industry, leading to the inevitable collapse. In this context, the idea of regulation as a legislative means to â€Å"encourage the things society as a whole likes (such as economic development) and discourage the things it doesn't (thus, the sin tax)† (Rosenzweig, 2007) is the way to go. As globalization and technology advance, â€Å"financial institutions become the focus of additional regulation; new regulations might be seen as a way of thwarting money laundering, achieving community development goals, or channelling credit to needy borrowers, for example. Such uses are legitimate reasons that lead regulation toward its true mission - to help establish the boundaries within which an industry can operate." (Jordan, 2001) In the prevailing regulatory environment in the United States, there are only limited hurdles for corporate consolidation. This means that there is a constant flux of merger & acquisition activities in corporate America. But such a free reign had not helped strengthen the general economy, beyond the private sector. Hence, there is credence to the view that greater control should be exerted over M&A activities. This is especially true with respect to the financial services sector that bears major culpability for the current decline of the economy. 3. Assuming that the merger faces some threats and that the industry decides on self-expansion as an alternative strategy, describe the additional complexities that would arise under this new scenario of expansion via capital projects. Expansion via capital projects is a relatively more challenging exercise than finding opportunities for m ergers. Yet, this could be achieved via starting operations in new and unexplored verticals within the financial services sector. In the context of Armor Bank, if the company could consolidate itself into a financial holding company, new opportunities for growth beckon, including â€Å"banking and insurance, investment and commercial banking, mortgage banking, trusts, and annuities†¦even the lines between banking and commerce blur." (Jordan, 2001) But managing a broad portfolio will bring