Etiquette Workshop The Keys to Painless Networking

Etiquette Workshop The Keys to Painless Networking As part of the Undergraduate Practice Opportunities Program (UPOP), a program which teaches sophomores about leadership and work-place dynamics, I attended an etiquette seminar taught by Jodi Smith last week. For an hour and half, Ms. Smith taught us the Top Ten Tips for Painless Networking, which I thought I would share: 1. At a networking event, always wear a nametag and wear it on your right side. When you shake someones hand, you extend your right arm, so their eyes will naturally follow your arm and see your nametag. 2. Have a good handshake. It shouldnt be weak and you shouldnt break their bones. Hold it for a few seconds while making eye contact and then let go! 3. When introducing yourself, say your name slowly and clearly. If you have a difficult name, maybe give a mnemonic. 4. Also during your introduction, give a little snippet of information about yourself that might help jumpstart the conversation. Make sure the tagline is appropriate for the situation, like you wouldnt walk up to the CEO of GE and say My name is Joe, and I have three dogs, while that line might be appropriate if youre introducing yourself to a veterinarian or fellow dog lover. 5. Do your homework! If youre going to an event sponsored by a specific organization, know what the organization does and who might possibly be there. 6. Have good body language: dont cross your arms or slouch. 7. Make eye contact! 8. Before starting a conversation, know whether you are going to be the driver or the passenger. 9. Make a graceful exit, even if your conversation was less than pleasant. 10. Get business cards and follow up. After the seminar, we went to a Mocktail Party held in a reception area. We had the opportunity to put our new knowledge to the test while conversing with alumni and employers. It was a great learning experience and I particularly appreciate that the UPOP program tries to emphasize that even summer interns can become leaders when equipped with the necessary confidence and drive. If youre interested in general etiquette, MIT holds a Charm School for one full day during IAP. Its supposed to be quite the learning experience!

Comparison of Tourism Industries - 1968 Words

Comparison of Tourism Industries Greece and Nigeria Tourism is of one the most revenue earnings industry globally. As a matter of fact, most of African countries rely on this sector of their economy for high earnings. It is quite amazing to observe how various tourism sites show different kind of attributes. There are many tourism sites in the world, which are already declared and acclaimed as worlds most favorite and visited sites. They may include Las Vegas, Paris, Spain, Dubai, Agra etc. One of the most visited countries with high tourism rate is Greece. It is a very established tourism site with developed infrastructure for tourists. On the other hand, there is another tourism site which is in its infancy as of now: Nigeria. Although rich in natural beauty and resources, Nigeria which is known as the paradise on earth, is still undervalued because of the political stigma. However, it has begun to gather attention of the tourists these days. Although Greece and Nigeria are located in different regions of the world, it is important to understand how these two tourism sites are different in attributes. Greece is a rather small country in Europe which has been immensely successful in gathering tourists attention. Located in turkey and Italy, the other two major tourism sites, it is situated in that region of the world which is flooded with tourists throughout the year. It is further gifted with Mediterranean coastline. Be it summer or winter, Greece is tourists allShow MoreRelatedEssay about India vs. China: A Tourism Industry Comparison546 Words   |  3 PagesCHINA : A TOURISM INDUSTRY COMPARISON INDIAN TOURISM The Indian tourism industry is economically important and is growing rapidly. The tourism generated in 2012 was INR6.4 trillion i.e 6.6% of the nations GDP calculated by The World Travel Tourism Council, supporting 39.5 million jobs, 7.7% of its total employment. The predicted growth of the sector is at an average annual rate of 7.9% from 2013 to 2023, giving India third rank among countries with the fastest growing tourism industries in theRead MoreThe Marketing Of Cruise Tourism Essay1250 Words   |  5 PagesA specialization within the guidelines Mass Tourism is what is known as Cruise Tourism. Cruise Tourism has been a front runner in the promotion of a modern market niche that focuses on incorporating various sectors into one complex oceanic vacation. Casinos, restaurants, shopping and port exploration are common segments of activity found on this vacation experience (Dowling, 2006). Today, up to 5000 passengers and crew members can be carried and supported on a variety of dif ferent cruise ships acrossRead MoreTravel And Tourism Essay1164 Words   |  5 Pagesand study from more than 18,00 sources over the world, travel and tourism industry in the United States is one of the largest industry. In 2015, travel and tourism industry has made a total contribution of 1.5 trillion USD to GPD. In addition, they predict that the number will grow up to 2.6 trillion USD by 2027. Annually, travel and tourism directly provides about 5.5 million jobs for American people. The travel and tourism industry is very huge. Therefore, people try to break down it into a smallRead MoreHRM Practices In The Workplace Case Study822 Words   |  4 Pages1 Idea in Brief The ‘future of work’ is receiving extensive and unparalleled attention from governments, academic researchers and industry associations both globally and locally. Accordingly, the past few decades have seen a shift in the worker demographics of Australian businesses. Moreover, a major shift has been that of the ageing population. Indeed, both industry and government reports have indicated the potential of an Australian ageing workforce in providing positive economic growth for businessesRead MoreFour Seasons Goes to Panama1301 Words   |  6 PagesINTRODUCTION Panama is with the most important airport hubs in Latin America and Panama’s Government is going to extend Panama Canal which would increase the number of tourists. These days, the industries of construction and hotel are expending quickly and the supplyI is unable to meet the demand about the rooms especially in the peak seasons. I thnk it’s the best opportunity for Four Seasons to start a hotel in Panama OVERVIEW OF FOUR SEASON HOTELS Founded by Isadore Sharp in 1960, Four SeasonsRead MoreThe Impact of Tourist on Local people in Chiang Rai850 Words   |  4 Pages Tourism is the most interesting and growing faster and faster in service industry in the world. According to the World Travel and Tourism Council (WTTC), tourism in 2005 changed to be the 2nd largest industry, accounted for 3.8 percent of global Gross Domestic Product - GDP (Rosli Azhar, 2007). From it growth, there are a lot of impact that came from tourism affect many countries. In Chiang Rai, Thailand, the province where located in the northern Thailand and near by the border ofRead MoreTourism Industry: Tourism in Malaysia Essay700 Words   |  3 PagesTourism in Malaysia started from the 1960s and it is one of the new forces in the economic sector but the growth was slow. Then, a tourism master plan was added into the Second Malaysia Plan during 1971-1975 and this marked the beginning of tourism as the country’s economic cont ributor that has become the second highest foreign exchange earner for the country after the manufacturing sector (Robiah S., 2007). In the early growth of the industry, Visit Malaysia Year (VMY) is a major tourism event wasRead More The Economic Effects Tourism Has on New Zealand Essay1407 Words   |  6 PagesThe Economic Effects Tourism Has on New Zealand The following report provides an accurate and informative overview of the nature of tourism, its history and growth, the structure of the New Zealand industry and the impact of tourism from a New Zealand perspective. The report will draw a conclusion which Highlights area of consideration in tourism planning. Conclusion and Recommendations For New Zealand tourism has a lot to offer but at the same time, care has to be taken not to mistreatRead MoreFood and Beverage1498 Words   |  6 Pagesprice less any discounts claimable, storage cost of the item and the production costs.† As for the purchasing of beverages, it is important that when purchasing beverages, the branded products will be more attractive to the customer. And also with comparison to food products, the beverage will contribute more profits than food as they require fewer staff to process them into a finished product for the customer. Receiving Receiving of goods is very important as it has monetary value and that itRead MoreTourism in New Zealand1430 Words   |  6 PagesTourism In New Zealand Executive Summary The following report provides an accurate and informative overview of the nature of tourism, its history and growth, the structure of the New Zealand industry and the impact of tourism from a New Zealand perspective. The report will draw a conclusion which Highlights area of consideration in tourism planning. Conclusion and Recommendations For New Zealand tourism has a lot to offer but at the same time, care has to be taken not to mistreat

The Washington State Coalition Against Domestic Violence...

The Washington State Coalition Against Domestic Violence (WSCADV, n.d.) provides training for advocates of domestic violence (DV) survivors and their families. This paper reflects my experiences as I worked through the first three sections of training: the history of the DV movement; the key requirements of DV advocacy; and safety planning. The primary thread throughout the training sections is the importance of providing advocacy based on survivor-empowerment and meeting clients where they are. In this paper, I also explore my role as a mental health counselor in an interdisciplinary response team working with survivors of domestic violence. History of the DV Movement The first section of the WSCADV (n.d.) training discussed the background and history of the DV movement. This section began with an audio interview (Bell Coontz, n.d.) with Stephanie Coontz, a professor of history at Evergreen State College. Coontz discussed the effect that women entering the workforce over the past century has had on the stability of marriages and families. In the fifties, the middle-class family in the United States was structured around women’s economic dependence on men. Women’s entrance into the workforce destabilized marriage for a time, but in the 1980’s, increasing divorce rates leveled off and began to decrease, and women in the workforce became (and continue to be) a marriage stabilizer. This finding, however, does not necessarily apply to low-income couples who experience moreShow MoreRelatedEssay on Research Methods Unit 9 Final1572 Words   |  7 PagesAbstract: Domestic violence against women happens around the world every day, but the main focus of location discussed in this paper is Washington State. Females are most likely to suffer domestic violence abuse from someone that they know. In such cases, it has been a spouse that is the attacker. Women escape these violent crimes and reach out for help, but not every time. Based off of the data collected, I strongly believe that females are more often victims of domestic violence than males. Read MoreThe National Coalition Against Domestic Violence860 Words   |  4 PagesDomestic violence is violent or aggressive behavior pattern in a relationship between two partners within the home. Domestic Violence typically involves one of the individuals I the relationship to be controlling and wants to take advantage and control of the other. The University of Louisiana at Monroe needs a new organization that can make a difference and give both women and men a sense of hope and safety; this solution should be the National Coalition against Domestic Violence (NCADV). The NationalRead MoreDomestic Violence And Other Lifetime Disturbance1590 Words   |  7 PagesDomestic violence and other lifetime disturbance can have significant mental health effects. Although symptoms often recover or decline with increased safety and social support, maltreatment may sometimes have longer-term health and mental health effects. The disturbing effects of abuse can affect an individual’s ability to access safety, restore from trauma, and to pursue lifetime goals. In addition to that, living with mental health disorders or addiction upsurges a person’s risk of experiencingRead MoreKnowing Our History Is Vital To Pursuing Our Future. Our1245 Words   |  5 PagesKnowing our history is vital to pursuing our future. Our history needs to be our guide in making the changes necessary to end the violence. Violence against women has been sanctioned throughout history. We need to know the s truggles of those who came before us. By knowing our history we honor their spirits, we keep the flame of justice alive and it brings us to the stark reality that we have much work still to do. History of the Battered Women’s Movement 753 BC During the reign of Romulus in RomeRead MoreIntroduction. Domestic Violence Is A Serious Issue Affecting1386 Words   |  6 PagesIntroduction Domestic Violence is a serious issue affecting women all over the world today. Domestic Violence transpires when a current intimate partner decides to exercise dominance in a relationship through means of psychological, physical and sexual abuse towards the victim. This type of abuse often leads to emotional and or physical trauma. Domestic Violence is not only physical or sexual other forms of domestic violence exist such as stalking and dating violence. It is a problem without limitsRead MoreLove Shouldnt Hurt1429 Words   |  6 Pagesyou feel better now, as she falls to the ground? Well Ill tell you my friend, one day this worlds gonna end. /One day she will tell you that she has finally had enough.† The problem for women is figuring out when enough is really enough. Dating Violence is everywhere: in movies, on television shows, songs and newspapers, but some women are not willing to confide into someone for help. On April 5, 2005, teen tragedy was reported on ABC news, 20/ 20. Sixteen year old Marcus McTear stabbed and killedRead MoreHuman Trafficking in the Us1244 Words   |  5 PagesRough Draft: Human Trafficking and its Relationship throughout these United States A serious crime that virtually affects every country in the world is human trafficking. Human trafficking is a multi-national criminal business that’s roots are tied into â€Å"trans-criminal organizations, small criminal networks and local gangs, violations of labor and immigration codes, and government corruption† (Richard, 1999; U.S. Government Accountability Office, 2006.). Typically human trafficking has been definedRead MoreDomestic Violence And The Civil Rights Movement1998 Words   |  8 Pagesthe issues that affected the women. The social issues were child care, domestic violence, contraception, and women’s health. One of the major topics that the feminists focused on was domestic violence that still exists in today’s day worldwide. Domestic violence is an important issue because many believe that it’s only a male-to-female action but it’s also female-to-male abuse. In addition, many assume that domestic violence is only a physical act but there are other forms of abuse such as psychologicalRead More Domestic Violence Essay with Annotated Bibliography1593 Words   |  7 PagesThere are many different types of domestic violence. Physical abuse is the most obvious form, but this is not to say that outsiders always recognize it. Generally, physical violence causes bodily harm, using a variety of methods. Slapping, pushing, throwing, hitting, punching, and strangling are only a few methods. An object or weapon may or may not be used. There is not always physical evidence of physical abuse such as bruising, bleeding, scratches, bumps, etc., therefore, absence of physical marksRead MoreGeorge Washington s First Inaugural Address1164 Words   |  5 PagesGeorge Washington had to borrow money to relocat e to New York, then the center of American government. His presidential inauguration was held near New York s Wall Street in late April 1789. A tremendous crowd showed up to see the man now known as the Father of His Country. Borrowing a custom from English monarchs, who by tradition address Parliament when its sessions open, Washington gave a brief speech. It was the first inaugural address and the first of many contributions that Washington would

A Review of Research Paper for College

A Review of Research Paper for College You must work very difficult to fit the demands of college and professors. At times, it's the entire department. According to statistics, it is but one reason why most college professors decrease the last grade. The student ought to be assisted when it comes to selecting the right college, which provides the course they're interested in studying. Research is the fundamental portion of college papers and has to be given complete attention for good outcomes. Students need help to become organized. They are required to write papers that meet instructor's requirement. They need help to reduce stress and anxiety. Regardless of what your outline for the paper might be, it is critical to find because many sources as you can! After you have diverse sources for your upcoming paper, you should be mental or written notes with references to every body paragraph or the ideas. 1 way that will help you with writing a thesis statement is to earn a n extremely short, research paper outline listing in sentence form the principal tips that you aspire to develop in order to demonstrate your thesis. Your essay topic is largely dependent on the kind and length of the paper you are supposed to write. Thus, the writing of a paper is dependent on the assigning authority's instructions together with the form of assignment that's covered within the paper. Just as you can hardly expect to write five essays in 1 day, so you maynot hope to develop more than 1 section of a lengthier paper at a moment. Wait to compose that if your paper is completed and you're able to see what you're introducing. For instance, the paper writers aren't able to compose academic papers using MLA and Chicago. The Secret to Research Paper for College Some of the greatest research paper introduction samples incorporate primary resources supporting the argument or research of the issue. Frequently the software will give a list of correct spellings to pick from. There's a quantity of powerful research paper topics for the most intriguing regions of investigation. Now there's a list of resources. Writing a complete research paper on something which you don't have any notion is simply upping your burden. The work is going to be produced depending on your requirements. Make sure that you do not hurry up in attempting to complete the outline, it may take up sometime because then an effective outlines saves lots of time during writing. Book writing initially can eat up a good deal of your time because it's necessary to think, and define a lot of areas where you're going to be working on over the class of the period. The very best thing is to compose an essay for one more training course, obviously, which is long due. The internet course may include the should attend the school from time to time. Term paper help enables students to understand that there is a good deal of work and time which goes into preparing a term paper. As term papers are written each year by several students, picking a special topic is acute. Students have to be taught how to control their time and organize their calendar to beat each deadline and prevent frustrations. They feel the same trepidation at the thought of going to college. The Death of Research Paper for College Essay writing has been a significant part the educational system. Writing a paper is a hard assignment, especially if it's the case that you do not have great writing skills. Furthermore, the writers aren't conversant with various writing styles. Writing style is just one of the most essential aspects in writing. The essay based scholarship is for the folks who don't qualify in any sort of scholarship and they need to compose the essay to be able to convince the sponsor. Students have plenty of essays and research Open your mind, and we're going to open doors! What's more, you may rest assured you will obtain a plagiarism-free essay. Writing quality essays is the principal use of our services. The Research Paper for College Trap A dependable research paper writing services provider should enable clients to acquire plagiarism free customized research papers online every one of the times. The school or the company where you'll be working for has to supply you with the guidelines about how to make an application for visa and other needs. If you by chance get services from our essay writing company, count that you'll get much better grades at any price tag. Experience no value and cozy as you supply your initial term papers from our organization.

Industrial Development Through Knowledge -Myassignmenthelp.Com

Question: Discuss About The Industrial Development Through Tacit Knowledge? Answer: Introduction Foreign Direct Investment refers to investment that is made by company for the business interest in another country. It can be done either by establishing business operations or by acquiring the assets in relation to that of the business. Primary feature of Foreign Direct Investment is that the investments are made that can help in establishing effective control or by having influence over the process of decision making of a business. Globalization has led to an increase in the volume of trade and FDI in between different countries (Bandyopadhyay, Sandler Younas, 2013). Economic factors play a huge role in the process of decision making as the economic actors want return of their investment. The political factors are also crucial as the country that has a high political unrest faces uncertainty and becomes less prone for that of investment (Castro Nunes, 2013). Government stability, socio-economic condition, laws and regulations, religious tension, external conflict, bureaucratic q uality, corruption and internal tensions are the different political economic factors that can have an influence on the aspect of foreign direct investment. This report analyses how the political economic factors of Bangladesh have an effect on that of the foreign direct investment. Government stability in Bangladesh The tenth parliamentary election was responsible for changing the scenario in relation to foreign investment. The Bangladesh Awami League was responsible for winning ten parliamentary election in which 153 members were elected in an uncontested manner. The country witnessed agitation on the streets in between the year 2013 and that of 2015 (Rahman, 2015). Macroeconomic stability is a major cause of strength of the Bangladesh economy. The economy of Bangladesh has shown many promising aspects. Bangladesh has been able to increase the growth by that of 1 % in each decade from 2013 to 2015 (Sarker et al., 2017). The per capita income has increased that helps in drawing foreign direct investment to a great extent. Socio-economic Condition The rate of unemployment within Bangladesh remained unchanged from that of 4.10 percent in the year 2016 from that of 4.10 in the year 2015. The unemployment rate within Bangladesh averaged that of 3.83 percent from the year 1991 till the year 2016. The Household Income and Expenditure Survey conducted in the year 2016-17 pointed out that around 1 of every 4 Bangladeshis are living in a state of abject poverty and it has been found that 12.9 percent of people have to suffer on account of poverty (Bandyopadhyay, Sandler Younas, 2013). Poverty and unemployment prove to be major causes of hindrance that can adversely affect foreign direct investment in Bangladesh. The government of Bangladesh tends to limit resources in relation to building of new infrastructure and in order to maintain existing infrastructure. Inefficient infrastructure undermines economic development of the country. CIA World Fact book has highlighted that a meagre 10 % of the roads in Bangladesh are paved that hinde rs in drawing foreign direct investment (Uddin, Ali Masih, 2017). The underdeveloped telecommunication services within Bangladesh do not bode well for that of foreign direct investment. Laws in Bangladesh The tax service within Bangladesh suffers on account of low level of that of revenue mobilisation, regressive nature of that of taxation, low tax base and that of high degree of that of tax evasion. It has been found that the tax receipts can roughly generate four-fifth of that of total revenue (Islam, 2015). The consumer price inflation within Bangladesh got eased to 5.83 percent on year-to-year basis in 2017 (December) from that of 5.91 percent of that of the previous month. The inflation rate within Bangladesh averaged to 6.58 percent from the year 1994 till the year 2017. Bangladesh is known for the restrictive trade regimes and it earns a lot of revenue from that of excise taxes. Infrastructure development surcharge is levied on all imports and the lengthy custom procedures prove to be deterrent in terms of attracting foreign direct investment. Internal Conflict in Bangladesh Internal conflicts and unrest has taken a toll on the economy of Bangladesh. Public life as well as the business activity is hampered to a great extent owing to the political strife of the different parties within Bangladesh. This country was witness to political violence when the leader of the main opposition, Khaleda Zia was confined to that of her office (Rahman, 2015).The unrest continued even after the release of Khaleda Zia and frequent strikes were rampant after this incident (Hayakawa, Kimura Lee, 2013). These kind of political conflict hamper the economic activity of the country to a great extent and prevents the normal operation of a business. The frequent shutdowns taking place in Bangladesh takes a toll on the economic activity and the industrial sectors face a lot of losses owing to the inability of shipping goods. It bears a negative impact on that of foreign direct investment. External Conflict Government of Bangladesh brought into existence the Import Policy Order 2015-2018 and the new policy eased import in relation to raw materials so that they can be of use for that of the export-oriented industries (Castro Nunes, 2013). Bangladesh has been able to settle the border disputes in a peaceful manner with India and improving the ties can help in the aspect of foreign direct investment (Islam, 2015). Corruption Corruption has entered all the sectors of Bangladesh like that of the judicial system, police, public services and tax administration (Mostafa Klepper, 2017). There is the Money Laundering Prevention Act that states that the companies can be held for bribery. Business-to-business corruption can be handled by the help of Money Laundering Prevention Act (Kim Li, 2014). Religious Tension Religious minorities like that of the Hindus along with the Buddhists have been subject to discrimination in Bangladesh. The land laws that are discriminatory have proved to be disadvantageous for the Hindu population that is minority in Bangladesh (Bayraktar, 2013. The Hindu-Muslim divide is being used by that of the political elite of Bangladesh for serving their own narrow benefit (Bagchi, Lejeune Alam, 2014). The party clashes taking place arise on account of the fervour centralized around religion that severely cripples the foreign direct investment of the country (Hayakawa, Kimura Lee, 2013). Bureaucratic Quality Bangladesh is a developing country and the bureaucrats belong to middle or the lower classes. It is a country that revolves around the use of black money (Shah, 2014). Bangladesh is hence inefficient in terms of bureaucracy and is not able to produce desired service to the citizens. The quality of bureaucracy in Bangladesh cannot face the challenges of globalisation and is not conducive for that of foreign direct investment. Conclusion The above discussion brings to light the socio-economic condition of Bangladesh and its effect on that of foreign direct investment. Violent street agitation reduced on the streets after the year 2015 that helped in attracting foreign direct investment to Bangladesh. Around 12.9 percent of the people in Bangladesh are reeling under the effect of poverty and the people of Bangladesh hence cannot buy expensive foreign products. The non-enforcement of that of anti-corruption legislation has impaired the business of Bangladesh and proved to be a deterrent for that of foreign direct investment. Corruption pervades all aspects of society in Bangladesh and party clashes take place in Bangladesh owing to the deep seated religious prejudices. The corrupt bureaucracy also harms the foreign direct investment of the country. The kind of FDI that can take place in Bangladesh is that of Backward FDI. There are certain raw materials that are found in abundant quantity in Bangladesh and the foreign companies can buy the firms in Bangladesh in order to dominate competition. Investing heavily in the particular firm can help in the production of better quality product. Pharmaceutical raw materials can be found in Bangladesh and foreign companies can invest in them in order to earn profits. Factors Risk Rating ( out of 10) Effect in Foreign Direct Investment Government Stability 4 Attracts the foreign investors Socio-economic Condition 6 Badly affects FDI Laws and Regulation 6 Not conducive for foreign investment Internal Conflict 7 Internal conflicts paints a bad picture in front of investors External Conflict 8 External conflicts harm foreign investment Corruption 8 Badly affects Foreign Direct Investment Religious Tension 8 Severely cripples Foreign Direct Investment Bureaucratic Quality 7 Inefficient bureaucracy cannot attract foreign investors References: Bagchi, P., Lejeune, M. A., Alam, A. (2014). How supply competency affects FDI decisions: some insights.International Journal of Production Economics,147, 239-251. Bandyopadhyay, S., Sandler, T., Younas, J. (2013). Foreign direct investment, aid, and terrorism.Oxford Economic Papers,66(1), 25-50. Bayraktar, N. (2013). Foreign direct investment and investment climate.Procedia Economics and Finance,5, 83-92. Castro, C., Nunes, P. (2013). Does corruption inhibit foreign Direct investment?.Poltica: Revista de Ciencia Poltica,51, 61-83. Hayakawa, K., Kimura, F., Lee, H. H. (2013). How does country risk matter for foreign direct investment?.The Developing Economies,51(1), 60-78. Islam, K. A. (2015). Foreign Direct Investment (FDI) in Bangladesh: Prospects and Challenges and Its Impact on Economy.Asian Business Review,4(1), 24-36. Kim, P. H., Li, M. (2014). Injecting demand through spillovers: Foreign direct investment, domestic socio-political conditions, and host-country entrepreneurial activity.Journal of Business Venturing,29(2), 210-231. Mostafa, R., Klepper, S. (2017). Industrial development through tacit knowledge seeding: evidence from the Bangladesh garment industry.Management Science. Rahman, A. (2015). Impact of foreign direct investment on economic growth: Empirical evidence from Bangladesh.International Journal of Economics and Finance,7(2), 178. Sarker, M. N. I., Bingxin, Y., Sultana, A., Prodhan, A. Z. M. S. (2017). Problems and challenges of public administration in Bangladesh: pathway to sustainable development.International Journal of Public Administration and Policy Research,2(1), 008-015. Shah, M. H. (2014). The significance of infrastructure for FDI inflow in developing countries.Journal of Life Economics,2(1), 1-16. Uddin, M. A., Ali, M. H., Masih, M. (2017). Political stability and growth: An application of dynamic GMM and quantile regression.Economic Modelling,64, 610-625.

Value Alignment free essay sample

Apple Inc. designs, manufactures, and markets mobile communication, media devices, personal computers, portable digital music players, and sells related software services (Partner, 2013). The founders of Apple were Steve Jobs, Ronald Wayne, and Steve Wozniak; Wayne sold his part of the company to Jobs and Wozniak for $800. Apple went public in 1980 at $22 a share. Apple is the second largest technology company, third largest cell phone producer and in the top 10 fortune 500 list. The origins and subsequent evolution of workplace values have not changes for Apple over the years. Apple has maintained their core values such as hiring the right person, performance, and integrity and innovation. Details remain a high priority to apple because they have seen the results in their success. It is important to be ethically sound and treat people fair. The individual values mentioned are what drive each of our team members’ actions and behaviors. The driving force behind each member’s perception of the value has a purposeful meaning that comes about whether or not consciously thought about while performing unified tasks. We will write a custom essay sample on Value Alignment or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page According to Graziadio Business Report (2009), Values drive behavior and need to be consciously stated, but they also need to be affirmed by actions. This is necessary as many may speak about their values, but one sees what is genuine when actions put into words. Values exert influence over our attitudes and attitudes influence our behavior. Values are integral to attitude formation and to how we respond to people and situations. Individual values drive different behaviors, which in turn drive personal performance and ultimately organizational performance (Graziadio Business Report, 2009). Driving ethical behavior with values and attitudes requires that there be alignment among values, attitudes, and behavior. The four main values that this team recognize as important are integrity, teamwork, performance, and learning. Although each member has varying reasons to use these values, in different degrees of priority, there are times that putting personal motivations aside and acting with objectivity by doing what is right being put into place. This team has proven that the values they state are well aligned with the actions performed. Acting justly and fairly is a long-term driver of ethical behavior. Remembering the â€Å"Golden Rule† helps formulate the drive. Personal and workplace values, ethics play an important role in any organization that is imperative to success. To attain a successful alignment between corporate and individual values, there needs to be a symbiotic relationship between the company and the people it employs. This benefit contains an important value to both the organization and the employee. Apple accepts change and addresses it in the mission and vision statement as well as the values of the company. The values provide direction for the employees, partners, and customers. Apple is successful in the hi-tech market, it is also known for its inability to diversify its workforce. In order for Apple Inc. to be successful, it must be able to understand and embraces diversity, within employment, partners of the company, the markets, and countries Apple Inc. does business in. Diversity of employees, partners, and customers illustrates the values found in the School of Ethical Relativism. This concept states values are different from culture to culture, and society to society and the values will change to be acceptable within the culture or society beliefs (2004 McGraw-Hill Companies, Inc. ). Apple is very dedicated to serving their shareholders in the most professional and ethical ways possible. Apple has a system of governance that oversees the day to day operations of the Chief Executive Officer and all senior management. This system of governance is called the Board of Directors. â€Å"To satisfy the Boards duties, directors are expected to take a proactive, focused approach to their positions, and set standards to ensure that Apple is committed to business success through the maintenance of high standards of responsibility and ethics. † (Governance, 2014). The board has generated committee charters and guidelines for governance such as business conduct policies, anti-corruption policies, corporate governance guidelines, conflict of interest guidelines, political contributions and expenditure, related party transactions and many others. These measures to ensure honesty are very professionally enforced and put together very well. Apple has gone above and beyond to ensure a high level of ethics to guarantee a positive outcome for their employees and shareholders. These values are a great foundation for any business to implement to ensure a solid relationship with owners and shareholders while simultaneously protecting their customers and employees in all day to day operations. Since its inception in 1984 the Apple Inc. has grown to become one of the biggest well-known companies in the world. This ascension came about from smart management, innovative ideas and marketing as well as research and development. To conclude team B will analyzed the origins, motivations and developments of personal values that affect every day practices, and identify the origins and developments of values within the workplace. This discussion also identified the values of Apple Inc. and explained how all were aligned with the plans and actions including an explanation of the differences between company and personal values.

Growth at Futura Industries Essays

Growth at Futura Industries Essays Growth at Futura Industries Essay Growth at Futura Industries Essay Growth at Futura Industries Name: Course: Date: : Growth at Futura Industries Assignment1: Case It is a performance management tool used in businesses and other industries to communicate strategies align business activities or organizational performance to these strategies and monitor the organization’s performance against the goals of the strategies. It was invented by Drs. David Norton and Robert Kaplan and works as a performance measurement framework. The balanced scorecard entails that an organization should be viewed from four aspects that it suggests. Implementation of this framework is not an easy task but the product is effective (Kaplan, Norton, 2004). Futura Industries is a company dealing in aluminum design, extruding, fabrication, finishing and machining. Based in Utah, its clientele ranges from markets in electronics to transportation. Futura focused all its internal operations on quality with the belief that its workers are what add to its great value. This factor had contributed to Futura being a notch higher than its competitors are. Futura extensively used this aspect of the balanced scorecard because of the strong belief in its employees. Susan Johnson Futura’s president focused on this perspective over other balanced scorecard perspectives for various reasons. One of them is that she believed that persons who were respected, trusted and challenged to grow are the foundation for the future. Kaplan and Norton place importance on learning which they say is better than training. Susan Johnson cited the importance of workers in her company and used them as the main resource. Another reason is that this perspective provides building blocks for the success of the remaining three quadrants. Futura was looking toward the future and therefore needed a plan to help push it to greater heights in terms of efficiency in service provision. Other than following the example of other businesses, which had used the balanced scorecard successfully, Futura decided to tread an entirely different route. This desire to stand out and the full benefits to be reaped out of it also contributed to its use of this quadrant of the balanced scorecard. Susan Johnson’s focus entailed recruitment off good personnel, not just good machines. Astoundingly, they achieved a fifty percent increase in revenue without adding personnel from 1996 to 1999 (Gumbus, 2003). According to Johnson, the company had all the financial metrics, customer measures and had even earned its ISO accreditation three years prior. With a mission of â€Å"Extraordinary Value through Extrusions†, they expected that every individual would contribute to the company and customer’s success Futura specifically measures safety, employee capabilities in different areas of corporate culture, annual performance, personal development review, customer services, internal operation and financials. Futura uses the balanced scorecard to focus on two key aspects that place them ahead of their competitors in an overcrowded industry. These are the ability to employ and maintain good people and their utmost devotion to their customers. In terms of annual performance, personal development review and internal operations, they had to develop a strict plan that outlines the scope and nature of work to be done. Being an industry, much of the work being done was routine. Since employees are closest to production and customers at the same time, it was imperative that only creative persons be hired. Another issue that arose was how to retain the employees. This was to be achieved through employee satisfaction done by involving them in decision-making, recognizing their job well done and ensuring they can access information easily. Retaining employees is crucial and effective because it prevents the company from losing part of its intellectual potential. In order to gauge their satisfaction, Futura carries out annual surveys to find out from its employees how it could become a better employer. This survey also focuses on whether they are content with the kindness benefits they receive from the company. Futura has a follow up form that works on ensuring that action is taken upon the worker’s concerns. Another kind of survey is based on leadership and dwells on a way to enhance managerial leadership and management skills. After this, evaluations are done to cite areas for improvement in line with the employees’ expectations. I think Futura’s approach is very efficient especially as it helps in gathering of information relevant to its success. The use of surveys helped in acquiring knowledge on consumer satisfaction and about how to improve the workplace and offer better leadership. Employees felt motivated to move up the ladder because of a positive attitude towards the future direction of the company. In addition, this method makes adequate financial logic. In realizing that employees are the foundation of the company, Futura did everything to ensure that they were appreciated. This led to consumer satisfaction and the success of the other three perspectives, which supplemented the mentioned perspective. The benefits of using this approach were revealed in the way the company spent less of its money recruiting and training new employees. Turnover rates decreased because of motivating the employees and keeping them satisfied. Yes, I think the measures undertaken by Futura obtain all proportions of the perspective as explained in the background materials from this module as well as previous ones. The dimensions of this perspective involve training of employees and corporate cultural attitudes that are connected to both the individual and the self-improvement of the corporate itself. At Futura, the cultural maturity of employees is based on their capability of adapting to the corporate culture, communication, confidence, teamwork, leadership, responsiveness, productivity and safety among others. The main areas of focus are on human capital, information capital and organizational capital. The company paid attention to its workforce, a clear indication that they fulfilled the aspect of human capital. The information capital involved gathering, storage and dispelling of information. All this was done by the use of new technology, mainly computers. This aspect was accomplished by Futura through the numerous surveys it used to conduct and manage using computerized information systems. Organizational capital is mainly about how employees respond to company culture and their alignment to the goals and visions of the company (Niven, 2010). Using the information derived from the surveys it was easy to establish whether the employees were in line with office culture or not. Thus, company managers were able to work on areas they felt needed correction. This implies that the surveys conducted helped to reinforce the organizational capital at Futura. This information could also be used in making plans for the company and help the workers decide on their later employment plans as far as working with Futura industries was concerned. Therefore, in summation of my conclusion, I think Futura industries managed to utilize all the aspects of the mentioned perspective. It worked to its advantage by helping it to maximize profit. Assignment 2: SLP United Airlines, Inc., which operates as united airlines, is a major American airline. Statistics show that it is the largest airline in terms of the number of destinations its planes fly. With over 50000 employees and more than 500 planes, it is a part of the fastest growing airlines in the United States and the world. It has been re-branded several times following a number of mergers with other airlines. In as much as the mergers have contributed to an increase in market share, its public image and market value are still doing poorly. The airline uses the principle of the business scorecard, which focuses on its employees and the consumers. To enhance its operations, the airline designed three objectives to help it improve its performance. The objectives are to increase its customer base, increase number and quality of services offered and to retain its customers. All these were to assist the airline to achieve its mission, vision and strategy in the competitive market (Hansen, 2009). Its strategy was to increase its market share and to foster a strong financial position in the market. objectivemeasureTargetactionIncrease customer baseThis is to augment its market share. Its performance can be measured by taking statistics of number of passengers in any given period and comparing them with those of previous times and of other airlines.The move targets all the existing customers who will be retained and acquiring of new ones. The number to be targeted could be set at over 150 million annually.This objective was to be achieved mainly through ensuring customer satisfaction. For instance, the price of services offered was to be made more affordable, while maintaining their quality.Increase number and quality of services. This would enhance the number of referrals the airline gets from existing customers.This is to attract more customers and to offer variety to the existing ones. This can be estimated by conducting evaluations and surveys on consumer satisfaction. Also, having statistical measure of the number of new customers acquired after putting implementing the ob jective.Targets both new and existing customers. This figure could also be placed at over 150 million customers annually. Find out the needs of the consumer and seek to correct any flaws. Concentration should not only be placed on the wealthy but also middle income and low end customers.Retaining of customers.It is measured by doing a statistical count of the number of customers before and after implementation of the strategy.The target is mainly the existing number of customers.The actions taken involve activities that ensure customer satisfaction. If the customers are content with the services at the airline, they will not need to seek those services elsewhere. Assignment 3: Personal Opinion Question 1 The customer perspective forms part of the four quadrants of the balanced scorecard (Sharma 2010).The scorecard is a planning and management tool used to align business activities to the vision and strategies of an organization, improve communication and assess the feat of the firm against these strategies. The importance of this perspective is customer satisfaction. It ensures that customers are content with the services being offered by the organization. This is in order to avoid future decline in an organization’s profits due to defection of customers to other suppliers. In developing ways to best satisfy customers, an organization should analyze customers according to different factors. Such information should then be stored in a database for easy access. One such factor is consumer-spending habits. This analysis is used to determine a number of things needed by the team in charge of marketing at any organization. One of such things is the type of consumer to whom a communication should be passed. Customer databases organized into simplistic spending segments are used quite often to determine whom to â€Å"hit† with a communication. It is whereby a company compiles data on its consumers that enables them to know how much each of them spends and on what products. This information is helpful when it comes to marketing a product. The company is able to identify its target audience through such valuable information. Therefore, when a new product is launched into the market, a communication is made to those people that buy it most. This management of the customer base is to ensure retaining of customers through adequate satisfaction of their needs. Having a database with consumer details is widely used today in an effort to build customer loyalty. There are various companies that treat their customers differently based on how much they spend on their products, for instance by offering discounts and additional services. High-end customers are at times invited for excursions while low-end customers who are also considered valuable are offered discounts to motivate them to spend more. Question 2 Stakeholders are persons, organizations that have interest in a particular organization. Such parties can therefore affect or be affected by the organization’s actions, policies and objectives. A company can have one or more stakeholders at any give time. Due to this fact, conflicts amongst them may arise because of clashing interests. A simple example is whereby workers in a factory collide with the management of the same company. In the above case, the management of the factory wants to cut off the size of human capital. This is because they value efficiency through regulation of the workforce. In place of the laid off workers, the factory wants to put in place machines. Alternatively, the workers are used to a personal control over their work and a high degree of autonomy. This case presents a conflicting situation, which requires immediate resolution. The interests of these two stakeholders are in contrast. As a form of resolution, one party or both have to reach a compromise. Ensuring that stakeholders and their goals are well taken care of is important for the success of any business. This perspective focuses on people as the main resource in an organization. Therefore, at the factory in the case above, the management should give priority to its workers though not at the expense of being at per with technological advancements. This means that instead of laying off some workers from their respective jobs, they should train them to use the machines being introduced. This would reduce the cost of hiring new workers with specialized training on the use of the machines. It would also motivate the workers and increase their productivity. Putting them first will increase their efficiency, which translates to quality products and consumer satisfaction (Kaplan, Norton, 1996). By so doing, they would have utilized the said perspective effectively. References Don R. Hansen, Maryanne M. Mowen, Liming Guan (2009). Cost Management: Accounting Control.Oklahoma: Cengage Learning Gumbus, A. Johnson, S.D. (2003). The balanced scorecard at Futura Industries. Strategic Finance. Kaplan, R. S., Norton, D. P. (2004). Strategy maps: Converting intangible assets into tangible outcomes. Boston: Harvard Business School Press. Niven, P. R. (2006). Balanced Scorecard Step-By-Step: Maximizing Performance and Maintaining Results. Hoboken, N.J: Wiley. Smith, R. F. (2007). Business process management and the balanced scorecard: Using processes as strategic drivers. Hoboken, N.J: John Wiley Sons. Kaplan, R. S., Norton, D. P. (2003). 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