Organizational Behavior Defined - 750 Words

Organizational Behavior Defined Introduction It is reasonable to suggest that the overwhelming majority of humankind has either been part of or required the services of organizations at some point in time during their lives, and many of these consumers will likely testify that although every organization is different in some ways, they all share some common characteristics. Furthermore, because all organizations are comprised of mere humans, they are subject to the same behavioral whims, weaknesses and vagaries that also characterize the human condition from day to day and over time. To gain further insights into these concepts, this paper provides a review of the relevant peer-reviewed and scholarly literature to develop a comprehensive and robust definition of organizational behavior. This review is followed by a summary of the research and salient findings in the conclusion. Review and Discussion As the term indicates, organizational behavior describes how people interact in a workplace setting to achieve a common goal or purpose. In this regard, Kelly and Kelly (1998) emphasize that, Organizational behavior is essentially concerned with what people do in organizations (p. 4). Therefore, defining organizational behavior requires a consideration of how people actually behave in workplace settings at a given point in time as well as over time (Miner, 2002). As Kelly and Kelly point out, A good working definition of organizational behavior is the systematic study ofShow MoreRelatedOrganizational Citizenship Behavior Is Defined As A Set Of Behaviors1669 Words   |  7 Pages Literature review Introduction: Organizational citizenship behavior is defined as a set of behaviors which extends from one s basic requirements of job. Generally, organizational citizenship is extra role behavior or a variety of behaviors like helping colleagues and organization by presenting it in a positive way in front of others and by doing over time voluntarily. The first research made on organizational citizenship behavior was by Bateman and Organ in 1980 s. They presented their genuineRead MoreOrganizational Behavior Is Defined As A Social Science Discipline2297 Words   |  10 Pages Organizational Behavior I Introduction Organizational behavior is defined as a social science discipline just like cultural anthropology, economics, political science, psychology and sociology. It uses the scientific method to establish the truth as well as to validate the different theories. It is also considered as a discipline that is related to other social sciences that has its origins historically has had its intellectual home in the business school and a new discipline that isRead MoreResearch Proposal on the Impact of Motivation on Employee Job Performance934 Words   |  4 Pagesapproaches in answering the challenges in an organization and satisfying their goals. Literature Review From the previous studies regarding the motivational approaches and its impacts on various business dimensions, it deliberately identified that organizational involvement and commitment can be the other factors that might contribute to the overall job performance of the employees. Motivational approaches definitely satisfy the needs of the employees and in return, the employee repays it through theirRead MoreRelationship Between Job Performance and Job Satisfaction2039 Words   |  9 Pagesthis essay, job performance has been defined and the main categories of job performance have been laid out to show the exact difference between task, contextual and counterproductive performance. Also, the association between job performance and satisfaction has been reviewed thoroughly to prove what matters most in order for an organization’s employees to perform at soaring levels. Job performance is formally defined as the value of the set of employee behaviors that contribute, either positivelyRead MoreOrganizational Citizenship Behavior4841 Words   |  20 PagesTable of contents: Page # 1. Literature Review 1 1.1. What are Organizational Citizenship Behaviors (OCBs) 1 1.2. OCB and its link with Organization 3 1.3. How OCB’s are exhibited by employees 4 1.4. Importance of OCB 5 1.5. Effect of OCB on employees 6 2. Introduction to Organization 6 2.1. Allied Bank Limited 7 2.2. Meezan Bank Limited 7 2.3. First Women’s Bank 7 2.4. MCB 7 3. Findings and resultsRead MoreOrganizational Citizenship Behaviour (OCB) Essay1796 Words   |  8 Pagesï » ¿What is organizational citizenship? Explain the links between the various types of organizational citizenship behaviors and job-related outcomes. In what ways does organizational citizenship affect organizational performance? Illustrate with examples where appropriate. Organizational Citizenship Organizational citizenship is an organizational success that consists of supports from the volunteers of individuals and behavior (Business Dictionary 2013). Organizational citizenship behaviors (OCB)Read MoreLeadership and Organizational Behavior3084 Words   |  13 PagesLeadership and Organizational Behavior Course Project Ronette C Rudder-Carter – 10415 SW 85th CT, Ocala, FL 34481 Rbb589@hotmail.com / (347) 564-0074 GM591 ON Leadership and Organizational Behavior Professor Robert Salitore 4/17/11 DaCosta Mannings Inc, is one of a retail environment and I am the customer service manager for the entire operation which has five locations throughout the island. I have chosen this organization because when I was hiredRead MoreEssay on Annotated Bibliography Employee Engagement4499 Words   |  18 Pages9 4. Recommendations for practice 12 5. Conclusion 12 References 13 â€Æ' 1. Introduction Employee engagement (EE) is an essential part of organizational life and of paramount interest to human resource management (HRM) professionals in the banking industry due to its influence on the organizational outcomes. This paper therefore examines the topic with the aim of defining EE and identifying the use of, value and benefits of EE to be obtained from industry surveys.Read MoreOrganizational Culture Within A Hospital Setting1693 Words   |  7 Pagestremendous amount of literature regarding Organizational Culture as it relates to corporate business. Peters and Waterman (1982) book, In Search of Excellence: Lessons from America’s Best Run Companies, became the blueprint for organizational success. With the paradigm shift of hospitals becoming more â€Å"business- like† through mergers, acquisition, and pay for performance, organizational culture in a hospital setting will need to be furthered analyzed and defined as a predicator of success. Purpose ofRead MoreOrganization Behavior Essay1068 Words   |  5 PagesOrganization Behavior In order to better understand the concepts of organizational behavior, several key terms need to be defined and explained. Some of these key terms include organizational behavior, organizational culture, diversity, communication, organizational effectiveness and efficiency, and organizational learning. To get a better understanding of each of these terms, examples will be given for each term as it applies to National Gypsum Company. Organizational behavior is defined as the study

Analysis Of Franz Kafka s Metamorphosis - 1985 Words

When one is to think of themselves, they do not necessarily have the same outlook as one who views that same individual on a daily basis. Can a perception of self even be accomplished? Multiple experiences and emotions skew a person’s overall sense of self. When a mirror is looked at, what is truly seen? Does one view one’s external self, or do they see a reflection of past experience? Not many have the value of altruism, but some do. Sometimes altruism can turn extremist though, to the point where it can be a negative thing. In Franz Kafka’s Metamorphosis, the main character Gregor Samsa is a workaholic that randomly one day awakens as a bug. Initially, Gregor sees himself with a condition, and then slowly tries to adapt to his bug transformation. Gregor did not put himself first when he was in a human state, and this did not necessarily change when he was transformed into a bug. Even when Gregor was a bug, he tried to make a big effort to make as little work as possible for his family. Gregor’s self-image is primarily characterized by the hard work he put in before he got changed into a new form, as well as his mindset that he had towards his family. Kafka seems to highlight how man’s true sense of self is lost when work is put first, above any other priority such as family values, such as spending time with people that one cares about, as well as time for oneself too. The Metamorphosis exemplifies how one’s sense of self cannot be completely instituted without having anShow MoreRelatedAnalysis Of Franz Kafka s The Metamorphosis 3979 Words   |  16 PagesAustin Day Professor Imali Abala English 357 18 February 2015 The Theme of Alienation in Franz Kafka’s The Metamorphosis The Metamorphosis written by Franz Kafka in 1915 is said to be one of the greatest literary works of all time and is seen as one of Kafka’s best and most popular works of literature. A relatively short novel; the story explains how the protagonist, Gregor Samsa wakes up one morning to find himself transformed into a vermin which completely estranges him from the world even moreRead MoreAnalysis Of Franz Kafka s The Metamorphosis 1711 Words   |  7 Pagescertain theme that most readers can relate to. Franz Kafka, a renowned German-speaking fiction writer of the 20th century, uses a unique style of writing that many people believe is a telling of his own life story. In his well-known short story, â€Å"The Metamorphosis†, many similarities and connections can be seen between the main character, Gregor Samsa, and the author himself, Franz Kafka. A major comparison that can be made is the fact that both Samsa and Kafka died slow, lonesome deaths after being inRead MoreA nalysis Of Franz Kafka s The Metamorphosis1873 Words   |  8 Pageswriters take their creative control to emphasize the current state of the freedom and control of the individual. Kafka’s The Metamorphosis, various World War I poems, and Brecht’s Fear and Misery of the Third Reich show the lack of individual freedom and control that people had over their lives during the destruction that occurred in the 20th century. Published in 1915, Franz Kafka wasted no time in starting his discussion about freedom and control through the life of Gregor. After he awakes and realizesRead MoreAnalysis Of Franz Kafka s The Metamorphosis 1087 Words   |  5 Pagesmercy were ignored. Franz Kafka’s novella is not about a dictator but it alludes to a person close to Franz that was as close to a dictator that he ever go to. Franz Kafka’s The Metamorphosis, is about a young man that wakes up one day and is a vermin and has to maneuver around his home and come to terms with his six itchy legs. It probably sounds like a load of fictitious ramblings that somehow became a classical novel. Wrong! Look a little closer and the secret message Franz Kafka wrote for his fatherRead MoreAnalysis Of Franz Kafka s The Metamorphosis1500 Words   |  6 Pagesâ€Å"In the morning†¦Ã¢â‚¬ ¦ verminous bug.† In Franz Kafka’s The Metamorphosis, the opening sentence introduces the main character, event and the setting. Gregor Samsa is one of the only two characters who are addressed by name, this reflects his importance in the story because he is the protagonist and he plays a central role in the lives of his family and friends. Besides introducing the central character, this opening line has a dramatic impact on readers. It draws the reader straight to Gregor Samsa’sRead MoreAnalysis Of Franz Kafka s The Metamorphosis 948 Words   |  4 PagesFreud says one way humans express their hidden feeling is through dreams. This idea is the foundation for the dream interpretation of â€Å"The Metamorphosis.† Dreams have the capacity to encapture events that never happen in reality. They connect with how people reflect their true feelings about a situation or themselves. Throughout â€Å"The Metamorphosis†, the author, Kafka, uses Gregor’s repressed feelings inc orporated with the dull setting and Gregor’s transformation to support the idea that Gregor is dreamingRead MoreAnalysis Of Franz Kafka s The Metamorphosis, And Henrik Ibsen s A Doll s House1965 Words   |  8 PagesFeminist, and Freudian-argue different outlooks regarding the main characters and their deviance from the standards of society in Franz Kafka’s â€Å"The Metamorphosis† and Henrik Ibsen’s â€Å"A Doll’s House.† The Marxist viewpoint discusses a person’s objectivity in society and how it is affected by outside forces such as money, labor, and power. In Franz Kafka’s â€Å"The Metamorphosis,† the main character of Gregor undergoes several changes that affect the way he behaves and is perceived by people in his lifeRead MoreEssay on Analysis of The Metamorphosis1033 Words   |  5 PagesAnalysis of The Metamorphosis This story The Metamorphosis is about Gregor, a workaholic, who is changed into an insect and must then deal with his present reality. The hardest part of being an insect for him was the alienation from his family, which eventually leads to his death. In reading the short story The Metamorphosis, (1971),one can realize how small the difference is between Magical Realism and Fantastic. This literature written by the Austrian, Franz Kafka, is often debated overRead MoreThe Metamorphosis By Franz Kafka Essay1496 Words   |  6 Pagesâ€Å"The metamorphosis,† is a story by Franz Kafka, published in 1915 is a story divided in three chapters: transformation, acceptance, and the death of the protagonist. There are many interpretations that can form this tale as the indifference by the society that is concerned with different individuals, and isolation pushing some cases to the solitude. Some consider The Metamorphosis as an autobiography of the author, which tries to capture the lo neliness and isolation that he felt at some pointRead MoreAnalysis Of The Metamorphosis1501 Words   |  7 PagesBeveridge, A. (2009). Metamorphosis by Franz Kafka. Advances in psychiatric treatment, 15(6), 459-461. This brief article is written from the psychiatric perspective, pointing out that Kafka has always been of great interest to the psychoanalytic community; this is because his writings have so skillfully depicted alienation, unresolved oedipal issues, and the schizoid personality disorder and The Metamorphosis is no exception to this rule. While this writer tends to think that psychiatrists should

Management Report on a Live Street Food

Question: Describe about the street food event that took place on 9th December 2015 at the Atrium Court in Cavendish, Manchester Metropolitan University, UK? Answer: This management report relates to a street food event that took place on 9th December 2015 at the Atrium Court in Cavendish, Manchester Metropolitan University, UK. The food stall was named Fusion Illusion that consisted of four different types of cuisines namely, French, Greek, Romanian and Indian. The main theme of the foods stall was to depict the concept of multiculturalism. This idea was influenced by the fact that the students involved in this food stall belonged from four different ethnic backgrounds (Turner, 2014). The soul of this theme was to combine all the cultural essence of these four countries and present them through a common link food. Food is considered an integral part of the tourism industry and is one of the main attractions of tourists. Food has the unique feature of attracting all the senses of a human being at the same time. It was the objective of Fusion to combine the essence of multiculturalism and present it as a tribute by altering the traditional dishes and giving them a new exotic look and taste. While undertaking this transformation, due care was taken so that ingenuity is kept intact and authenticity of the ingredients is maintained. Through Fusion, the students attempted to bring to the forefront the fact that Manchester consists of people belonging from various backgrounds and this helped the city to maintain societal harmony and peace. Success of the Theme and Concept This objective of the Fusion to offer a good combination of various cuisines turned out to be very successful among the customers. The event was a huge hit and the stall gained much appreciation. The pivotal point of success was the variety of food brought by the group in a jiggled and exotic manner. In this course, due care was taken in maintaining food safety and hygiene standards. Importance was also given to the allergy risks that could arise due to the consumption of the foods. This is visible in the allergy chart prepared by the group and appended at the end of the operational plan. Therefore, it can be said that the primary objectives of the group was successfully implemented and attained at the end of the event. The theme also proved to be a huge success and the concept of social integration through food was clearly visible (Meredith, 2011). Sustainability The concept of sustainability has gained much importance in recent times. Businesses are actively looking for means of achieving sustainable development. The concept of sustainability in the food industry carries a special importance along with it. It is obvious that food and food habits of people are sensitive and in order to excel in this industry as a business concern it is very much necessary to offer food that is safe and hygienic. This was the outlook of the group from sustainable business point of view (Kerzner, 2013). Sustainability also carries with it some social, cultural and environmental factors that have become indispensable. All these factors were taken care of by Fusion as it employed a number of methods as tools to achieve this objective. Labelling of the products and informative charts were used by Fusion to communicate its efforts directed towards achieving sustainability. For example, Fusion maintained the Good Food Guide for Festival and Street-food Caterers as p roposed by the Food Legacy Programme in partnership with Sustains Ethical Eats and A Greener Festival (Good Food Guide for Festival and Street-food Caterers, 2015). Environment friendly food was offered which were procured locally to support the local small businesses. The most innovative step taken by Fusion was the use of blackboards to convey important information about the food being served. Fusion emphasized on the fact that their customers should be aware of the nature and type of food their customers is consuming (Hargreaves and Fink, 2012). Therefore, it can be inferred that Fusion took effective and efficient steps towards attaining sustainability. Success of the Decision Making Process Planning and executing the whole venture required crucial decision making by the members of Fusion. The process of decision-making is considered to be one of the most important aspects of management function. As the venture was small and was concentrated within the University, the scope of the decision making process was precise and much more functional. The group conducted a detailed primary research in order to achieve its pre-determined objectives of attaining sustainability and promoting multiculturalism through food (Selznick, 2011). Job responsibilities were assigned according to the degree of conformability of the members and this turned out to be advantageous for the venture. The members possess international strategic experience that catered to an effective decision making process. This in turn, has helped Fusion to be a successful business venture. Food Production A detailed discussion of the elements of the food production will depict the role they played in the success of the venture. Standard Recipes, Production Methods and Costs The main characteristic of street food is that they can be made easily and without consuming a considerable amount of time. Food can be served as readymade and these foods can be consumed while moving such as while going for work in the morning. The products have been segmented in order of their appearance, the degree of healthiness, uniqueness and others. The recipes included Romanian, Greek, French and Indian food in a contemporary style and exotic manner. Traditional dishes were experimented on and this provided fruitful results and was able to contribute towards the success of the venture (Burke, 2013). The production methods used were directed towards minimizing waste by preventing producing poor quality food and beverages. These factors contributed towards minimizing costs by Fusion largely. Work Schedules Scheduling and organizing the whole event was a challenge. However, proper scheduling was resorted to and this helped Fusion in fulfilling its targets. The work schedule along with the responsibilities assigned was critically done with the help of a Gantt chart. This contributed in achieving the pre-determined targets. Plan of the Working Areas As mentioned above, allocation of key responsibilities and scheduling of work was done by the help of a Gantt chart. The areas of work were divided among the members of the group. Some responsibilities were delegated according to their expertise and the team as a whole took up some responsibilities. The objectivity of formulating a structured plan has catered to the needs of Fusion as a venture (Keller, Parameswaran and Jacob, 2011). Critical Control Points and Risk Assessment Risks are closely related to any business venture. In the present case, food safety and hygiene was the primary point of concern. Food hygiene has always been a concern for street foods. Fusion took personal care in maintaining the standards and offering safe and hygienic food to its customers. It also took due care in communication information about allergies with the help of charts and blackboards. This reflects honesty and integrity of Fusion and this enabled them to attract a huge amount of customers. Training Documentation Training documentation forms an important part of a business. Essential training are required to be given to the staff (in this case the members), in order to serve the customers in a much more efficient manner. Documenting the learning objectives of a training session helps the member perform better and following up their drawbacks. All these are directed towards serving the customers better (Health Knowledge, 2010). Food and Beverage Costs The costs of food and beverage were kept at a minimum and every item was offered within the range of 2. This made their food affordable and much more enjoyable as consisted variety. The revenue generated was almost double the total costs and the venture recorded a gross profit margin of 48.91%. These figures prove that minimizing costs proved to be beneficial for the venture. Staff Appraisal Form The staff appraisal form that is appended at the end of the operational plan is a means of getting feedback from the customers. As Fusion was not a regular food stall customer feedback holds special importance for it. It depicts the overall quality of food and services rendered by Fusion and provide a clear idea about consumer perception (Health Knowledge, 2010). Comment on Services Creation of Mood and Atmosphere Attaining consumer satisfaction is the ultimate goal of any business enterprise. Atmosphere in which the event has been held has a considerable amount of influence on the customers that ultimately lead to the success of Fusion. An ideal atmosphere influences the choices made by the customers and develops a mood for consumption. This propensity to consume generates revenue for the business. Design of Menu The menu provided the customers with the option of choosing from a number of alternatives with different backgrounds. Beverages offered also had a touch of this variety. The menu design promoted the concept of availability of healthy food at an affordable price. The information communicated by Fusion helped its customers to make an informed decision about their food choices. Service Style and Room Layout As Fusion was a fast food style, food was served quickly and in a simple manner so that people can enjoy it while doing their other important works. The food was kept half ready before the order is made so that it can serve the food readymade when ordered. The food was hand served and this saved time of both the seller and the buyer. As Fusion was designed to be a street food stall, the ideal layout would have been a food cart or food truck. These prove the facility of a large serving place that caters to the needs of the customers to the full extent. Management Marketing activities are based on the activities of the management and the concept of the management on how to achieve the pre-determined goal of the business. In order to achieve these objectives the management is actively involved in making and implementing strategies and policies in this regard. Effective working of the management depends greatly on the management functions. Leadership is one of such functions of the management that influences the outcomes of the business activities undertaken by the business organization. The management and the managers are required to show effective leadership qualities so that responsibility can be delegated to them in a proper manner (Businessballs.com, 2015). As mentioned above, leadership is a function of the management and provides a momentum to business activities if practiced in a positive and functional manner. Effective leadership provides a proper direction to implement the policies of the management (Learn-to-be-a-leader.com, 2015). In this backdrop, there are some popular theories of management and leadership that can be resorted to for gaining success by Fusion. In terms of leadership, John Adairs Action-Centred Leadership Model can be adopted and the management as a whole may adopt the theory of Henri Fayol depicting unity of command. Both these theories are dependent on the functional efficiency of the management and its leadership qualities (Leadership, 2015). There is a slight difference between the viewpoints of Chris Mitchell and the suggested theories. As the venture is small, Chris suggested active participation of all the members. On the other hand, the proposed theories promote the idea of centralized planning and cont rol. Marketing and Merchandising The target market was well defined and the group conducted extensive research work in this regard. The target customers mainly included students and university staff. The market was well segmented in the operational plan and was well defined in terms of products offered to the target customers (Meredith, 2011). In future if the event is repeated, there will be attempts to expand the market reach and increase the target customers. This will surely generate extra revenue for Fusion and will result in achieving success at a greater level. Finance From the financial point of view, the success of Fusion is clearly visible. The cost of production was kept at a minimum level and this made their food affordable to the customers. The forecasted sales figure was 225 in terms of food. In addition to this, projected sales of beverages are taken to be 50. Therefore, the total projected sales figure comes to 275. The overall forecasted gross profit was assumed approximately 78.35%. As per the viewpoint of the members of Fusion, the event was a success, they were able to recover all their costs, and in this process, they made a considerable amount of profit. The main reason behind this success is minimization of cost that resulted in maximization of profits. References Benn, S., Dunphy, D. and Griffiths, A., 2014.Organizational change for corporate sustainability. Routledge. Burke, R., 2013.Project management: planning and control techniques. New Jersey, USA. Businessballs.com, (2015)Free leadership theory training materials, leadership theories guide - what is leadership? 'how to' leadership, leadership tips, leadership skills educational articles for leadership and management training, how to be an effective leader. [Online] [Accessed on 28 December 2015] https://www.businessballs.com/leadership-theories.htm#leadership-models. Good Food Guide for Festival and Street-food Caterers. (2015) 1st ed. [ebook] [Accessed on 28 December 2015] https://www.agreenerfestival.com/wp-content/uploads/pdfs/GOOD_FOOD_stallholder_guide.pdf. Hargreaves, A. and Fink, D., 2012.Sustainable leadership(Vol. 6). John Wiley Sons. Health Knowledge, (2010)Basic management models and theories associated with motivation and leadership and be able to apply them to practical situations and problems. [Online] [Accessed on 28 December 2015] https://www.healthknowledge.org.uk/public-health-textbook/organisation-management/5c-management-change/basic-management-models. Keller, K.L., Parameswaran, M.G. and Jacob, I., 2011.Strategic brand management: Building, measuring, and managing brand equity. Pearson Education India. Kerzner, H.R., 2013.Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Leadership. (2015) 1st ed. [ebook] [Accessed on 28 December 2015] https://www.cipd.co.uk/NR/rdonlyres/C80ED8CF-2ED1-4141-8B96-9D5697A5993F/0/9781843982173_sc.pdf. Learn-to-be-a-leader.com, (2015)Leadership theories, leadership models and leadership principles.. [Online] [Accessed on 28 December 2015] https://www.learn-to-be-a-leader.com/leadership-theories.html. Meredith Belbin, R., 2011. Management teams: Why they succeed or fail.Human Resource Management International Digest,19(3). Selznick, P., 2011.Leadership in administration: A sociological interpretation. Quid Pro Books. Turner, J.R., 2014.The handbook of project-based management(Vol. 92). McGraw-hill.

My Mothers Daughter free essay sample

I remember the Christmas of ‘98. My mother was weeping by the christmas tree. My sister was still a baby then and did not know what was happening. I was confused; shouldn’t Christmas be a happy time? That was the first time I realized that my family was imperfect. I later found out that my mother’s reason for weeping was because my father was spending Christmas night with another woman, and many other nights with her as well. The image of my mother crying on that fateful night still makes me sad.I was born to a gangster father and an ill-fated but intelligent mother; it was romantic enough but traumatizing as well. My father was comparative to a big bee; he pollinated the flower and left the flower and two buds alone with only their thorns to defend themselves in a vast and dangerous world. My parents were divorced after my father showed abusive behaviors towards my mother. We will write a custom essay sample on My Mothers Daughter or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page He would hit her and call her â€Å"ugly† and â€Å"fat†. He would borrow money from shady groups and put her name on their hit list of people they should go after in case he never returned the money. When he did that, it was like he was signing my name on that list. It made me very sad. when I was very young, my father took away everything that my mother and I could have lived on (our money and our home) and decided not to be in my life in any fashion. He left us without any child support or any financial support. So, I was raised fatherless by my mom.I was five and waving good-bye to a man who was almost a distant reality behind a glass panel at the airport. I did not know where I was going. And that was the last I saw of my father. I was crying then. Times were difficult after my mother and father seperated.There were times when we had to go to garage sales to get our clothes and Goodwill to get canned food. We transferred to and from numerous temporary homes whose rooms were filled with worried voices late at night; filled with conversation I could not yet understand. Dinner was often a little piece of bread that we got off food stamps. I would look at my mother and know that she suffered and sacrificed so much just so I could live. The thought would fill me with guilt.I was too young to feel embarrassed by our situation, but looking back, I imagine how embarrassed my mother must have felt. Still, I believe it is better that we left my father. my mother would have gone through so much more needless suffering. Time away from him would distance us from the chaos allow us to grow, to accept the brokenness and distance ourselves from the chaos and violence. Without him, love between a broken family could blossom again. Despite how she was treated by my father, my mom always taught me to treat others with respect and kindness. My mother, despite being beaten and abused, did not become callous but remained compassionate. She was always ready to give to those who were as unfortunate or even more unfortunate than us. When time and time again, I saw my mother (almost penniless) stop her car and roll down her window in the rain, just to give the homeless the very little she had, I chose to be a learner, a giver and a believer. Several years later, with her words echoing in mind, I traveled to deprived Ghana, Africa to attempt to be my mother’s daughter; to care for orphans and show them that somebody in the world loves them. I was scared and lonely, without my family and without comforts like running water. Still, I went beyond myself and way outside my comfort zone to reach out to children who feel traumatized as I did before and showed them somewhere in the world, somebody cares about them. I found out that they were being physically and emotionally abused and pleaded with the director of the voluntee r program to take them to a real home. I wanted them to have a home, something I’ve never I’ve had. I wanted to be like my mother, who, after enduring so many hardships because she had to support me, didn’t abandon me and showered me with love and warmth.Though there was no running water, internet, and food was scarce, I was repaid in full every early morning when the African school children greeted me the moment I walked into the school with smiles and excitement on their faces. â€Å"Yifu, yifu,† they would say. That was African for â€Å"white people.† I was happy and I felt so in touch with the world when I was able to teach these children simple math, English, and health information, including instruction regarding HIV. These were subjects that I was well acquainted with because the U. S. mandates that all children attend school. These were subjects that only a couple of these underprivileged children knew at all because quality education in Africa is reserved for children whose families can afford it. While the experiences I had at the school for underprivileged kids made me painfully aware of how little these children had, the conditions at the orphanage I was staying at broke my heart. The woman who ran the orphanage was extremely abusive and starved the children, beat them with closed fists, and forced them into child labor. I had several children tell me this verbally and I knew they were being truthful by the thinness of their bodies. Some children were kept from going to school to tend to the shop this woman was profiting from. Whenever I returned to the orphanage from school or play, the orphans would gather around me and follow me happily and I never knew why. Gradually I realized the reason why they were so happy whenever I was home was because this woman couldn’t beat them in front of me. For those two weeks until I left for home, I stayed by the children’s side at all times, and made it a point to record every single event in my journal. I would take them on walks and carry the littlest on my shoulders. I fed them my food during meal times. I would use my spending money to buy them the food they deserved but never received from their caretaker. I wanted them to know so badly that this Yifu from a distant land loved them. And I think they knew that judging from the smiles on their faces.My experience in Africa opened my eyes. One, it opened my eyes to how lucky I am to live in the U.S. and have people who care about me; to have someone care for you and love you is truly a luxury that not all of us can say we have. Two, and more importantly, I realized that that there’s a lot of work to be done and a lot of help to be given. My dream is to be a psychologist to help people with my conditions. College will help me get there.When I was young and immature, a kind woman taught me to treat others with respect and kindness. When I was hurt, a kind woman put a bandaid on my wound. When I was little and sick, a kind mother was there beside me to check my temperature and hold my hand. Now, it is my turn to be brave. It’s my turn to hold on to the hands of those in the dark and reassure them that they will again see the light of day. I am not the product of a chaotic and violent relationship; I am my mother’s daughter. My Mothers Daughter free essay sample There are many responses to the question, what are you? I am short; I am pretty. I am a student; I am a teacher. I am a sister; I am a grandmother. If you were to ask me that question, I would simply say: I am my mother’s daughter. I have her hair, her face, her skin, her passion. I have her writing ability, although probably not to the same extent. All of this is mine, but I do not have her. My mother died on April 21st, in 2007. I was naive and twelve years old that day. I had no idea about all of the pain I would have to come to accept as I walked into that hospital room. There had been rough times, as all children and their mothers have, but I now know that all of that was mainly due to medicine and stress. My mother was the only person in this world that truly saw who I was, and loved me more than anything despite my downfalls. We will write a custom essay sample on My Mothers Daughter or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page How does this describe who I am? I want to be a shorter replica of my mother. My ultimate hero in life, this person that was so small compared to the rest of the world, was the light in my life and my most loving nurturer. Thus, I am, or strive to be, who my mother was. My mother was kind. Her kindness was so genuine and raw, so naive and beautiful, that I do not if I will ever reach her level in that aspect. She was loving, unendingly loving. And in return, everyone loved her, even though I do not believe that she saw this. Going to teachers’ retirement parties with her, I saw how everyone seemed to revolve around her utter grace and beauty. Her kindness and graciousness shown like a light. She was, quite literally, the sun that pulled everyone in and shown a light on them too. She was polite without fail, always gracious and considerate. She tried so very hard for me. Besides her diseases that I had no knowledge of, her age held her back from being one of the active, young mothers that I saw. I can see all of this now because hindsight is, indeed, always 20/20. I know so many more facets of my mother now than I did when she was alive. Her unlimited kindness, even to those that she did not like, was one facet. Her sense of family and love for them is another. I saw this with how much she tried to show indifference to my grandmother, but how much she really just wanted approval. The week that my grandmother passed my mother cried and became like a small girl again, the loss hitting her hard. The way that she spoke of her father, my grandfather that died before I could know him, was like she was talking about the world’s greatest hero. Her kindness came from him, I am sure of this. Her most acclaimed facet was her teaching. I saw this in letters that her students sent her, thanking her for her guidance and wonderful presence. Her sweetest facet was her love for my father. I saw this when they would kiss or hug in the kitchen, and I see it now in the few photographs that I have of her. Her facet that I like to think I have inherited was the kindness and love she had with her friends. She knew the real from the fake, and each one could truly see how wonderful she was. She was the voice of reason, and she always knew when they should stick up for themselves, and she was very protective. I like to think that I follow this path with her help in my friendships. My favorite facet was her love for me. I can see it now in her eyes; hear it in her voice, how much she tried and how much she loved me. She tried to live for me, and I see that now. She taught me everything that I would have to know if she was to leave, and for that I am grateful. She hid things from me, and while sometimes I wish that I had known, I know that it was her care for others that kept her from telling. She wanted to break down, but she did not want me to see her lose her strength, and she did not want me to be afraid. I am not afraid. My mother taught me this . She taught me more valuable lessons than she probably knows. She taught me to be kind, polite, and a good person to everyone. She taught me to look people in the eye when I spoke to them. She taught me to always hold my head up high, and to have self-respect and to never lose it. She taught me that I am beautiful, and that I should not settle for something that I do not want. She taught me how to love, and how to see how hard others try, and how to try hard for them in return. She taught me that you do not get things handed to you in life, and that you have to chase after your dreams if you ever want to reach them. She taught me how to be strong, how to look pain in the face but still be happy. My mother is still teaching me things, everyday. I feel closer to my mother than to anyone that is living on this earth. I have a strong connection with her, and I try to let her guide me like she would if she were still here. I miss her more with each day, but I try to live for her, and to bring her life back to this world for others to see. Most importantly, my mother taught me to never give up hope. The one thing that she said to me that I will never, ever forget was this: â€Å"Never give up hope, because when that’s gone, you have nothing left†. I will never give up hope, and I will never give up my mother. So you ask me, what am I? I am simply this: my mother’s daughter.

History of Red Bull Company

History of Red Bull Company Introduction Red Bull is one of the leading energy drinks manufacturer and distributor in the world. The firm was started in 1987 in Thailand, and has since gained a global market coverage. According to Lehmann (2005, p. 138), this firm experienced massive success in 1990s because this industry was less competitive. The company chose a market niche that had few players.Advertising We will write a custom research paper sample on History of Red Bull Company specifically for you for only $16.05 $11/page Learn More Most of the major firms in this industry were manufacturing and distributing fizzy drinks and other beverages. Coming with the energy drinks was seen as a unique trend, and this earned this firm a lot of market share during its early stages of existence. The firm has been able to expand to other international markets, especially in Europe and the United States. The report by Lehmann (2005, p. 140) shows that it is the world’s largest energy dri nks manufacturer and distributer. The success of Red Bull in the market can be attributed to the three elements of marketing which include people, place, and physical evidence. Red Bull has been successful because of the employees involved in the firm at various capacities. The place element of marketing mix has also been very important in helping the firm achieve maximum success. Physical evidence has also played a major role in helping this firm to succeed. This research will analyze these factors in order to determine their relevance to the performance of this firm. Discussion Red Bull’s success in the market can be attributed to the three marketing elements mentioned above. According to Ewbank and Foulger (2010, p. 26), it is always important to analyze some of the specific success factors in an organization based on the marketing mix elements. Upon a critical study of Red Bull, the researcher has been able to determine that the three elements of people, place, and physic al evidence have played a major role in helping this firm achieve success in the market. It would be important to understand how individual element have helped this firm achieve success.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More People Element People form one of the most important elements of marketing mix within an organization. Success of a firm always depend on the activities of its employees. According to Ewbank and Foulger (2010, p. 27), employees form the most important resource within an organization. They carry the vision of an organization, and their skills, talents, and level of dedication would always determine success of an organization. At Red Bull, the employees have played an important role in helping it achieve its current success. The firm has been on hiring competent employees with the capacity of meeting the demands of the dynamic market. The firm has been keen to ensure that its recruitment procedure is rigorous, and only passionate and talented employees are hired. The company has various recruitment processes that ensure they get the right people for various responsibilities within the company. Employees hired through such rigorous processes are nurtured by the company through in-service trainings and participation in relevant responsibilities in order to help them develop their careers. The company has put measures to monitor its sales team to ensure that they are working within the expectations of the firm. This element has played a major role in the recent expansion of this firm (Lehmann 2005, p. 143). Red Bull has kept a team of highly motivated employees who are able to meet the changing needs of consumers. Its marketing personnel has been actively conducting market research in order to gain understanding of the changing marketing forces. If this firm maintains this group of motivated employees, then chances are high that it is destined to greater success. Place Element A firm must define a clear method that it uses to make its products reach consumers in good time and in good quality. A sound choice needs to be made on whether the company would sell its products through direct representation or strategic distributors. Red Bull has been keen on selecting the right channels of distributing its products in the global market.Advertising We will write a custom research paper sample on History of Red Bull Company specifically for you for only $16.05 $11/page Learn More Red Bull started by distributing its products to small distribution outlets like health clubs and bars during its early stages of existence. However, this distribution strategy changed when the firm started experiencing market growth. The management realized that it could no longer rely on the simpler distribution strategies that it had been using within its hometown. The management had to define a new distri bution strategy that would meet the changing market demands, especially when it went global with its products. To penetrate new markets, the management of Red Bull has been targeting strategic distributors to ensure that its products reach the global market. One of the strategies that the firm has been using in the past is strategic alliance formation with specific wholesalers, large retailers and other distributers in different markets to ensure that its products are made available in the global market. Strategic alliances offer a viable option for this firm to make its products available in the global market without the need to have its own employees spread across the world. In situations where strategic alliances are not viable, Red Bull has rented its own warehouses and distributed its products using various transport systems. However, it is important to note that this method has come with increased capital investment that Red Bull must incur. Although its gives this company mor e autonomy in distribution of its products, the costs reduces profitability. This explains why the management of Red Bull has been seeking strategic alliances with various firms in the global market. Red Bull has considered the use of technology to enhance the place element of the marketing mix. The firm has considered using vending machines to distribute its products, especially in gyms, clubs, and universities in selected cities. Such a move increases awareness of its products to a larger market segment enabling the company to increase its market share. These alternative distribution channels has helped this firm to increase sales. The use of the vending machines has however, met some resistance in the market. The place element has also been enhanced through the use of internet. Red Bull has used internet to market its products globally.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The firm has also been very active in the social media as a way of increasing the geographic market for its products. Most of its major adverts have been made through social media such as Facebook, YouTube, and Tweeter. The company has adopted this strategy because most of its customers are actively on social media. Physical presence According to Kotler (2005, p. 114), consumers in the current market have become very critical of the physical appearance of the places where they make their purchases. Initially, firms ignored the importance of the physical structure they used to deliver their products to the consumers. For instance, many firms did not bother about the appearance of the shops as long as customers were able to get the products they desired within the right time. However, this has changed over the recent years, and Red Bull is one of the firms that have realized the importance of the beautifying the facilities they use to deliver the products to their customers. The physi cal attractiveness of the exterior and interior facilities that firms use have currently been used by the customers to judge the quality of products that a firm delivers, and its commitment to the customers. When a customer is exposed to a poorly designed shopping facility, they would always make a negative judgment about the firm and all its products. The management of Red Bull has come up with elaborate programs that have changed the physical appearance of its shopping facilities. Over the past one decade, this firm has changed the design of most of its facilities (Kotler 2005, p. 115). At its production plant, the firm has ensured that employees are provided with attractive and safe working stations that offers them motivation. This has helped improve their performance. The firm has also restricted its stores that it uses to sell its products directly to consumers. One of the issues that has been raising a lot of concern in the market is the need to have many exists at these shop ping malls for the purpose of enhancing security. The management of Red Bull has responded positively to this requirements. The firm has also constructed beautiful outlets in a number of locations within the United States and other major markets around the world. This helps in convincing its customers that it is committed to offering them products of high quality. Conclusion and Recommendations It is clear from the analysis of the three elements of marketing mix that Red Bull has been using that the market is getting increasingly competitive. This firm must come up with clear systems that would enable it manage the future market in order to remain competitive in the future market. The analysis shows that Red Bull has done performed well in managing the current market forces. The firm has tried to be dynamic in order to change with the changing market forces. However, the firm should consider the following recommendations if it expects to gain competitive advantage over its rivals in this industry. When dealing with people as one of the elements of marketing mix, the management should try to focus on nurturing talents among its employees. The current competitive market requires innovative minds that can enable the firm to come up with new ideas of handling various activities within the firm. The place element of marketing mix need to involve extensive use of the modern technologies in order to reach customers. Technology has reduced the world into a small global village. It order to maximize benefits of this village, Red Bull should use modern technologies of communication to each out to the global consumers. Physical evidence always portrays a firm’s commitment towards delivering value to its customers. The management should make an effort to beautify most of its physical facilities, especially at its outlets. Customers will always make a judgment of the value of products they purchase from this firm by analyzing the appearance of these physical facili ties. List of References Ewbank, A Foulger, T 2010, ‘Red Bull, Starbucks, and the Changing Face of Teacher Education’, The Phi Delta Kappan, vol. 92. no. 2, pp. 25-28. Kotler, P 2005, ‘The Role Played by the Broadening of Marketing Movement in the History of Marketing Thought’, Journal of Public Policy Marketing, vol. 24 no. 1, pp. 114-186. Lehmann, D 2005, ‘Dimensions of Marketings Relationship to Society’, Journal of Public Policy Marketing, vol. 24. no. 1, pp. 137-142.

Chapter 4 Assignment Example | Topics and Well Written Essays - 250 words

Chapter 4 - Assignment Example The correct answer is (c), to solve for I, one must identify the value of I that causes the PV of the positive CFs to equal the absolute value of the PV of the negative CFs. This is, essentially, a trial and-error procedure that is easy with a computer or financial calculator but quite difficult otherwise. The formula for effective rate of r= (1+i/n)n- 1, for Riverside Bank, the effective annual interest rate will be, rR = (1 + (0.065/12))^12 = 1.067, while for the Midwest Bank, the effective annual interest rates will be, rM = (1 + (0.07/1))^1 = 1.07. Hence the effective annual rate is higher for Midwest Bank by (1.07 – 1.067) 0.003 or 0.3%. To arrive at the annual contribution for Ed’s trust, first we calculate the total amount that will accrue for Steve in the next 46 years using the formula, FV= (A.(1+i)˄n-1)/i(1+i) where A is the equal annuities, i is the interest rates and n the number of years (Wegner, p 530). From their initial amount of $15,000 at the rate of 9%, they will accumulate, 15,000x (1+0.09)^7 = 27,420.059. From their regular contribution of $5,000, they will accumulate: $5,000 x 1.09^7 + $5,000 x 1.09^6 + $5,000 x 1.09^5 + $5,000 x1.09^4 =$32,276.7, the total will be: = $59,696.76 At t=11, the amount of $8,103.14, will have a deficit of $12,350.54, so an additional amount of $9,536.88 should be saved before the study begins, hence distributing the amount in three equal installments we use the annuity formula, Ax (1.09^3), A =

The economic and environmental factors affecting USTs operations Coursework

The economic and environmental factors affecting USTs operations - Coursework Example The firm that is analyzed in the paper is UST Inc. UST Inc is involved in the manufacture of tobacco products which continue to be one of the oldest and most profitable industries. This fact has been borne out not only in the ratios but the fact that the company has been identified as the most profitable company in the United States by one of the most trusted sources – Forbes. The financial results speak to this fact. However, as in any industry there is competition and what has been happening is that even though the market is growing by 3.7% per annum UST has not been able to grow with it. This is due to the fact that the company has not been responding appropriately to the threats posed by its competitors. However, there are some environmental factors that have been affecting the company and so UST needs to answer these and other questions including: †¢ What environmental factors affect the operations of UST’s business? †¢ What business risks does the company face, †¢ Can the company undertake the recapitalisation process effectively? †¢ Why is UST considering recapitalisation and what would be the incremental effect on the company’s value? †¢ What other factors beyond interest rate shields should UST consider in assessing the value of its recapitalisation plan? The environmental factors include political/legal, economic, and social issues. In addition to industry factors these affect every business and should therefore be given due consideration. In terms of the political/legal aspects the tobacco industry has been faced with tough regulations. These have had a negative impact on the cigarette industry but much less on the moist smokeless tobacco. However, and restrictions have had a negative impact on the prospects for future growth in the industry. While being saddled with a $100 to $200 million over the next 10 years in payment as settlement in keeping with an agreement arrived at with Medicaid the company also face restrictions on its advertising and promotional campaign which is aimed at reducing the exposure of the youth population to tobacco products. Additionally, UST has a few litigations pending which is the nature of this industry. However, the smokeless tobacco industry has a much lower exposure to health related law-suits. The Medicaid settlement signifies a reduction in net income which cannot be recouped at this time when UST’s market share is declining. In terms of the economic issues although consumption has been increasing UST’s market share has been declining. The growth that has been exper ienced appears to be going to the company’s competitors. UST has a track record of growth and innovation but this has not been the case in recent times. The company is used to the practice of annual price increases – sometimes even twice per year but the competition will definitely prevent the company from doing so for most of its brands. This trend of increasing prices has been somewhat abated by the introduction of price-value brands by the company’s competitors. Although UST is large in comparison to its competitors and has a major share of the market the company has not responded the way that investors and analysts would like and so they are doubtful as to whether UST has not been able to respond in a timely and appropriate manner in order to regain its market share. Additionally, the resignation of the company’s chief financial officer (CFO) and the Director of Tobacco in 1997 is a signal to investors that something is fundamentally wrong on terms of both the companies manufacturing operations and its financial management which are two key areas. These are key persons within the company and who obviously would have impacted the company’s financial results. Like most other companies that are engaged in the production of goods the aim is to have products at each stage of the product lifecycle and to have products that will appeal to different groups.