Islamic Banking Operations and Instruments Research Paper

Islamic Banking Operations and Instruments - Research Paper Example In fact, culture has been generally identified with society and its mediation in financial life has been somewhat sudden. Islamic banks keep explicit principles. These standards generally mirror the Islamic law, otherwise called Sharia law. Adhering to these standards is considered as required for the Islamic monetary establishments. Be that as it may, it is feasible for increments to be made, as indicated by the necessities of the nearby market and consistently inside explicit cutoff points, as clarified beneath. The distinctions of Islamic banks from traditional banks, which means the Western banks are many. These distinctions are broke down in the areas that follow. The paper centers around all parts of Islamic banking, including the standards and sorts of their every day tasks yet additionally the instruments that these budgetary organizations use for adjusting their exercises to the principles of the Islamic law. The survey of the writing distributed in the specific field has pr ompted the accompanying suspicions: a) the operational standards of Islamic banks are somewhat hard to be actualized and checked; it is feasible consequently that disappointments are not maintained a strategic distance from however they are kept at rather low levels, whenever contrasted with the pace of disappointments of the western banks, b) the Islamic financial framework has a huge preferred position contrasted with the traditional financial framework: it did not depend on obtaining but instead on stores. This reality makes Islamic banks increasingly fit for confronting solid monetary emergencies. The absence of serious disappointments in Islamic banks overall during the ongoing downturn of 2008 demonstrated that the particular quality of Islamic banks is a key component of their intensity; c) the presentation of Islamic banks may not arrive at the significant levels of execution of western banks. Notwithstanding, this reality ought not cause stresses. All the more explicitly, t he high money related status of western banks is frequently the consequence of broad obtaining by associations working at state level, which means particularly the Central Bank of each state. Making sure about assets for growing their exercises and for supporting their budgetary ventures, western banks regularly give the impression of expanded force towards money related foundations of various qualities, for example, Islamic banks or building social orders. In any case, in the event that their budget reports are painstakingly audited, at that point it is clarified that the degree of their presentation is in reality low, regardless of whether their income is high on the grounds that the degree of their liabilities can be altogether higher contrasted with their benefits. The paper has been isolated into three primary segments. In the starting segment the key components of the issue being talked about are introduced. The different parts of the paper’s subject are examined in the second segment which has been separated in sub-areas with the goal that each topical unit is made more clear. An end is given intending to sum up, as could be expected under the circumstances, the discoveries of the writing survey, as introduced logically in area 2. It ought to be noticed that the specific subject has been picked for the most part in view of the huge extension of Islamic banking as a method of banking contributing in the soundness of the economy and the evasion of major financial turbulences. 2. Islamic banking â€

Car company Essay Example | Topics and Well Written Essays - 2000 words

Vehicle organization - Essay Example The political, monetary, legitimate, biological and innovative condition affects the advancement of the retail business. The benefit potential inside the objective market is promising for the organization however an upper hand is planned to be reached over the effectively settled contenders through utilization of proper procedure in the promoting blend. The staffing strategy of FastCar Motors is in accordance with the legitimate system of the legislature and it looks to create and prepare the representatives to guarantee that they have information on the use of innovation in the consideration retail business to encourage the development of the organization. The executives of the FastCar Motors involve the supervisory crew of the organization who incorporate the organization CEO, the General Manger, Sales Manager and Human Resource Manager whose jobs are specified in the hierarchical structure. The car business inside the UK is developing at a quick pace with the execution of present day innovation in the creation of cars particularly sports vehicles, for example, Daimler, McLaren, Aston Martin, Rolls-Royce and Lotus. The vehicle makers in the UK, for example, Toyota, Ford, Nissan and Honda have built up themselves in the car business after some time in spite of the difficulties and rivalry inside this industry. Chatal, Haugh and Mourougane (2010) state that since the nineteenth century the car business in the UK has created regarding creation and fare. There was remarkable decrease in the pace of development of the vehicle producing industry in the UK when contrasted with the contending organizations in Japan, France and Germany before 2008. The development of the vehicle fabricating industry of the UK started to be experienced after 2008 with the nation being appraised among the makers of huge vehicle volumes. This is as opposed to the mid 1980s when numerous British vehicle producers were claimed by remote firms. The UK vehicle producing industry can in this manner be

Evolution Of Quantity Surveying And Its Effects Construction Essay

Development Of Quantity Surveying And Its Effects Construction Essay Amount suggests sum, number, measure, degree, size, size and mass. Assessor signifies controller, assessor, analyst, commentator and evaluator. The name Quantity Surveyor was initially gotten from the underlying requirement for the calling; which is to set up the Bill of Quantities from plans, depicting the material, things of work and the amounts required. Manufacturers additionally utilize the Bill of Quantities when submitting tenders so as to make sure about work. As of now, Quantity Surveyors capacities include various exercises. It is these exercises that far expel the calling from that of straightforward bean block checking. With the evolving condition, the amount assessor has developed to fulfill the commercial center by filling the holes across different ventures, as is reflected in industry changes, title changes and training. Reasonable titles have now gotten vital, to be specific those of Construction Cost Consultants, Building or Construction Economists, Cost Engineers and Commercial Managers. The group inspecting overview technique was utilized, which included pilot meets and organized poll studies. Examinations were restricted to the perspectives communicated by the two understudies of Quantity Surveying and experts utilized outside the conventional development industry who were individuals from the South African Council of Quantity Surveyors, despite the fact that the perspectives on specialists with no expert affiliations were additionally looked for. Content investigation, graphic measurements, multi-trait methods and rank relationship tests were utilized in the examination of the exploration information. The Potential Outputs of my examination this work in progress could remember Changes for courses at tertiary organizations or the presentation of new courses, a name change for Quantity Surveying as a Profession. Catchphrases: Evolving, Effects, Evolution, Quantity Surveying 1 Introduction Verifiably, the three significant bosses of Quantity Surveyors were; proficient Quantity Surveying firms (PQS), districts and government divisions, just as development and structural building organizations . organizations. Amount assessors are progressively utilized over a few businesses. Enterprises rang, ranginge from synthetic for example Fluor, interchanges for example Telkom, electrical for example Eskom, Oil petroleum processing plants for example Sapref. I don't get this' meaning with respect to the interest for the calling? This report will likewise endeavor to discover what they are doing there, how they are esteemed, etc. The alternative of working in an industry based on your personal preference raises the status of amount looking over as a calling. This ought to be commensurate to more prominent openings for work and business security, further upgrading amount looking over as an objective calling. How does this effect on understudies profession decision? Because of the scope of administrations presently gave, the calling is getting less dependent on development, as it puts more accentuation on account, which empowers more noteworthy inclusion in different businesses, for example, protection, banking, law, and property the board. In the event that in reality there are numerous different businesses utilizing amount assessors, this spells uplifting news for the calling. A thump on impact would be an expansion in the quantity of understudies applying to contemplate Quantity Surveying as a profession, as it moves from the customary development approach. Throughput rates will likewise be influenced, as a more noteworthy number of understudies could havecould approach in-administration preparing prior. As long as possible, course material/notes may change/adjust to suit the different parts, as each, having inconspicuous contrasts in approaches would require the essential Curriculum educational plan and prospectus changes. The Quantity Surveying calling is at a fascinating stage, where openings and prizes will be high for the individuals who are imaginative, excited about research and ready to grasp the hallengeschallenges of things to come and developing innovation. 2 Literature Review 2.1 The Establishment of Quantity Surveying There is a lack of qualified Quantity Surveyors with great work openings in different enterprises the (AIQS, 2010). Interest for qualified and experienced Quantity Surveyors has been high lately. Generally, this interest follows the fortunes of the structure, development and building ventures. At the point when industry blasts, so does the requirement for Quantity Surveyors. By the center of the twentieth century Quantity looking over had developed to a perceived calling in the development business (Ashworth and Willis, 1995). Amount Surveying had formed into the conventional job of keeping records and controlling of development costs for both the customer and the developer. The prime job of the amount assessor rotates around the part of cost control of undertakings (Willis and Trench, 1999). From commencement to culmination requires a point by point information on temporary worker s costs, understanding of the development procedure and a capacity to anticipate the possible impact of monetary patterns. Amount assessors are development market analysts who satisfy differed and extensive obligations to help savvy development and property advancement ventures (Ilias et al., 2010). The center abilities of amount assessors incorporate deciding venture spending plans, estimating venture amounts, planning contract documentation, for example, Bills of Quantities and cost control archives, regulating contracts, and getting ready last records. Regardless of being perceived as an expert control unmistakable from design and structural building since 1836, amount assessors are not insusceptible to the dangers and changes in their working condition. A few gatherings in the development business have been basic about the nature of works and administrations gave by amount assessors. Some even inquiry the significance of delegating amount assessors as venture experts. Due to these difficulties, the calling needs to pull together and consider the entire circumstance with the goal that they won't become wiped out later on, this incorporates all gatherings who have personal stake in the advancement of the calling, be it the understudies, teachers and experts. Each calling develops because of the ever-expanding changes in the worldwide business condition (Marcel and Jasper, 2009). So as to stay significant, comprehensively serious and fruitful, New Zealand Quantity Surveyors need to continually examine their business scene to perceive new headings and to adjust to fast approaching changes in their expert practice. This examination means to research the flow territories of, and future headings in, amount reviewing practice in the New Zealand development industry; up and coming chances and dangers; and approaches to proactively augment the chances and limit the dangers. The consequences of an overview, in view of an organized survey reflecting 23 characterized capabilities, which were gotten from the writing and from top to bottom meetings with chose specialists, demonstrated that in fact orientated abilities were appraised of most noteworthy significance for current administrations, while the executives orientated skills were evaluated of higher significance for future administrations (Nkado and Meyer, 2001). Amount reviewing firms that offer administrations abroad have more staff than non .exporters. They likewise handle bigger ventures and offer a more extensive scope of administrations (Florence Yean and Chan, 2008). Ongoing practice, in any case, has returned to the first plan of significant worth building, i.e., to improve the estimation of the final result or administration (McDuff, 2001). This commonly implies the customer will get more for their cash as a result of the act of significant worth building. 2.2 Current and Future Trends of Quantity Surveying Amount assessors are utilized by enormous designing organizations just as and lodging offices (AGCAS, 1994). Authority home manufacturers look for the ability of amount assessors, as do some exchanging organizations, including any open boards of trustees who control broad property ventures. Worldwide mechanical temporary workers and vitality aggregates consistently utilize amount assessors under the unusual title of Cost Engineer. The University of Salford is offering post graduate Electrical Quantity Surveying courses, Mechanical Quantity Surveying courses and Electrical Mechanical Quantity Surveying courses (Salford, 2011). These courses are licensed by the Royal Institute of Chartered Surveyors. The MSc Quantity Surveying in Mechanical Electrical program is focused on the mechanical and electrical parts. Because of the expanded significance on low carbon emanations and maintainability in the cutting edge constructed condition, new jobs are rising for the Mechanical Electrical Quantity Surveyor in the zones of sustainable power source, manageability, low carbon advancements and vitality the board engaged with the arrangement of vocations and employability. With structures representing around half of all carbon outflows, the amount assessor assumes a noteworthy job in battling environmental change. The requirement for Quantity Surveyors is moderately predictable (AIQS, 2010). The scope of administrations gave by the calling has gotten less subject to the degree of development however more on fund and property the executives. Amount assessors are known by different names, as they are additionally called Construction Cost Consultants, Building/Construction Economists, Cost Engineers and Estimators. The Quantity Surveying calling is at a fascinating stage, where openings and prizes will be high for the individuals who are creative, enthused about research and ready to grasp the difficulties of things to come and developing innovation. A portrayal of the amount studying calling states that, Quantity Surveyors get significantly progressively associated with all parts of development just as different businesses, for example, protection, banking, law and so forth. (College, 2010). An article in a vocation enlistment organization further discusses a Charter

Critique and Summary Coursework - 550 Words

Critique and Summary. Research paper on racial discrimination (Coursework Sample) Content: CRITIQUE AND SUMMARY(Name)(Institutional Affiliation)(Date of Submission)Summarize the study including the population of interest. Include the implications of the work upon the health disparity today.The study in context was conducted with the main objective of investigating the racial disparities that existed among people of different origins in the U.S. (Haque, Faysel, Khan, 2010). The study was conducted on various U.S. hospitals as well as insurance schemes (Haque, Faysel, Khan, 2010). In the hospitals, the study sought to investigate on medical procedures with regard to their administration to people of different origins. The study scores well as it not only looks into the Whites and Blacks in the U.S. population as other many studies have done; it incorporates Blacks, Whites, Hispanics, Pacific Islanders, Native Americans and Asians (Haque, Faysel, Khan, 2010).The study employs effective methods and techniques. This begins from the extraction of data from cre dible sources. A data source like the Nationwide Inpatient Sample (NIS) is a credible one as it provides data on all national hospitals. The study also sought to base its research on various medical procedures. These were procedures to assist labor, diagnostic cardiac catheterization, coronary arteriography, repair of current obstetric laceration, upper gastrointestinal endoscopy, biopsy, cesarean section, respiratory intubation and mechanical ventilation and fetal monitoring (Haque, Faysel, Khan, 2010). The comprehensive selection of medical procedures earns the study more credibility as opposed to many others, which have only dwelt on a few procedures, or even a single one.The study conclusively comes up with results that carry their main findings. It is evidently true that the white population is most favored of all the other races (Haque, Faysel, Khan, 2010). The study found that Whites were significantly more likely to receive three of the study procedures than Blacks, three of the study procedures than Hispanics, two of the study procedures than Asians or Pacific Islanders, and four of the procedures than Native Americans (Haque, Faysel, Khan, 2010). The study, however, states, categorically, that the disparity gap among the different races studied has narrowed over the years. This is as compared to previous studies.Explain your impression of the validity of the information/evidence presented and the potential for reducing and/or eliminating the disparity addressed.This study is a copacetic one. First, because it relies on credible information; credibility in that it is from the most resourceful source NIS. The data provided has further been broken down and sampled for the purpose of the study. The study then gets into the evaluation and analysis of the data. There is a systematic scrutiny and calculation of parameters into valid results. There is proper tabulation which when seconded by the correct statistical methods gives the study an appealing out come.The study has related its objectives, methods, results and conclus...

Reflection Paper On The Culture - 1083 Words

As a beginning therapist it is important to recognize and have an understanding of the various cultures we may experience in practice. By having an understanding we can better understand and treat our clients that we see. In addition, it not only enhances our therapeutic relationships with our clients, but also enhances our knowledge on the various cultures that exist. For this paper I will interview a person that is from a different culture that I do not have knowledge on. With this interview my hope is to gain insight to the specific culture so I can be more aware of the practices of this culture and gain knowledge to successfully treat clients of this culture in the future. In addition, it will also allow me to gain more information on the person I am interviewing and have a closer look into their cultural worldview. Interviewee The person I decided to do the cultural interview was Faith, who is one of my fellow interns at my practicum site. Faith Identifies with Jewish culture. During the interview she described her culture as â€Å"a society of Jewish people around the world to identify and relate to†. Specifically, whenever she meets people in different places and they talk about birthright, she and the person instantly share a cultural connection. Birthright is a privilege that Jewish people have from birth to take a free trip to their native country Israel, to strengthen their Jewish identity, build an understanding and long lasting bond with Israel, and to reinforceShow MoreRelatedReflection Paper On Culture And Structure1309 Words   |  6 PagesReflection Paper Culture and structure do contribute to or reinforce racial inequality. Cultural traits which are among others the common outlooks, method of behavior, values, etiquette and beliefs that emanate from patterns of intragroup relations in situations brought about by discrimination and segregation. These traits are a reflection of collective experiences in those situations. 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A difference between art and media can be the process by which they are made. Yet in these modern days, the lines between media and art are not lines, but fractals or shapes only described by functions of calculus. That is to say that art and media are heavily intertwined in the 21st century. Some media is art; some art is media. A trait that media and art have in common

Birth Control Access to Teens - 1463 Words

Formal Outline Topic: Birth control access to teenage girls Thesis statement: Although teenage girls are prohibited from purchasing birth control, laws should be implemented to allow access to birth control as a means of managing safer sex, preventing the health risks and guarding them from the cycle of poverty. 1. Reasons for not allowing birth control to be given to teenagers A. It encourages sexual activity (Sex with many partners -promiscuity) B. Abstinence should be promoted 1. It is 100 percent effective 2. Sex is not for teenagers 11. Reasons for providing teenage girls access to birth control A. Easy access to birth control makes sex safer 1. Prevention of unwanted pregnancies†¦show more content†¦But they get the message that sex is risky.† They begin to see sex as a sensitive issue that should be taken very seriously because it involves life-changing consequences. Additionally, a study published in the Journal of Adolescent Health found that teaching about contraception and making them available to teenagers was not associated with increased risk of sexual activity as many abstinence-only supporters have insisted. Therefore, the availability of birth control along with education about it does not increase sexual activity but informs teenagers to practice good decision-making for their bodies and their future. The opponents of birth control to teens overlook the fact that providing birth control to teenage girls would make sex much safer. Certainly, the unsteady rate of teenage pregnancies would decrease. In previous times, girls between the ages of 16-17 would get pregnant unintentionally. However, in this era, 13 and 14 year old girls are having babies-teens who are completely unprepared to give birth and raise a child. In these instances, if the child is not given up for adoption, the responsibility usually becomes that of the parents. In addition, when teenagers are protected from unwanted pregnancies the number of teen abortions taking place each year could be reduced significantly. According to Guttmacher.org, some states in the U.S have reported that 50 percent of pregnant teens receive an abortion. Not only is this a costly procedure, but it is alsoShow MoreRelatedWhy Should Teens Have Access to Birth Control721 Words   |  3 PagesTeens should have access to birth control, not to increase sexual activity, but to limit the chances of them getting pregnant and to help them regulate irregular periods. Birth control limits the chances of the teen getting pregnant. Birth control contains the changes by giving the woman’s body a combination of the hormones estrogen and progesterone. These hormones prevents ovulation. Ovulation is when the egg or eggs are releasedRead MoreShould Teens Have Access Of Birth Control Without Parents?1712 Words   |  7 PagesShould teens have access to birth control without parents? Today, sexually active teenagers can get contraceptives to protect themselves from unplanned pregnancies or sexual diseases without a parent’s permission. In some states federal lawmakers have taken away the ability for teens to protect themselves, they want to prevent sexually active teenagers from getting birth control and condoms unless they get parents permission. Preventing teens from getting contraceptives unless they tell a parentRead MoreBirth Control: Available to Teens? Essay647 Words   |  3 Pagesyear (â€Å"Facts†). Teenage birth specialists have often debated whether or not teenagers should have access to birth control and other contraceptives. Although some people think teenagers having birth control will promote promiscuity, birth control should be accessible to teens because they will put themselves at a higher risk for disease and pregnancy without it, and more teenage girls would get a high school diploma with it. 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The reason that most female teens think about birth control is because of premenstrual syndrome -- a condition which causes migr aines, cramps, and mood swings. Many people, like my father, disapprove of teens using birth control for moral and/ or religious reasons. Parents do not want their children to have birth control because they often feel that it is inappropriateRead MoreTeen Pregnancy And Teenage Pregnancy1456 Words   |  6 PagesClearly, teen pregnancy is a concern among many people in the U.S. One way to help the teen pregnancy statistics would be birth control. Teenagers should have more access to birth control, particularly LARCs (long-acting reversible contraceptives), and be more informed about it. There are many reasons why this should be. For starters, it would help the child and the mother. It could also help the U.S. not be so high on the list of number of teen pregnancies in the world. 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Some parents of teenage girls believe they shouldn’t be allowed to access birth control without parental consent because it takes the authority away from them, and promotes sexual activity. Teenage girls can access birth control in some clinicsRead MoreBirth Control: With or Without Parental Control Essay958 Words   |  4 Pagesa children’s health organization, created pamphlet for doctors’ offices geared towards parents and teens who have questions about common issues in the realm of sexual health. They define â€Å"the pill† as an oral contraceptive, â€Å"a daily pill that usually contains the hormones estrogen and progesterone, and is taken to prevent pregnancy.† Other points discussed in the pamphlet include the safety of teen girls taking â€Å"the pill†, its side effects, and what else these girls can do to protect themselves fromRead MoreEssay about Should Teens Have Parental Consent to Receive Birth Control?928 Words   |  4 Pagesworld today many teens are becoming mothers before they finish high school or before they turn 18. Although some teens are on birth control already many are not because they are afraid to tell th eir parents which may lead to their parents thinking they are sexually active. Moreover, teens usually find themselves in a professional clinic trying to seek different options of birth control but they are derailed by having parental consent or notification. Many clinics have a policy were teen needs to have

Descartes Proving God free essay sample

This paper is an analysis of the proofs that Descartes uses in his book Meditations on First Philosophy, to prove the existence of God. This paper is an examination of Descartes book, Meditations on First Philosophy. The author examines the steps that Descartes took in order to prove his hypothesis that God is a deceiver. He examines three different proofs and shows how Descartes comes to these realizations only after a careful and logical thought process in which he tears down and rebuilds everything that he believes in. Now he bases the rest of his proof off of these three observations. Because he has been convinced that something comes from something, the idea he has of God had to have been created by something, either himself or something else. He then states that he is finite and imperfect, and thus he cannot have an idea of the infinite and perfect on his own. We will write a custom essay sample on Descartes Proving God or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page He, being finite and imperfect, is not as powerful as the thought he has of an infinite and perfect God. Therefore, because he is not powerful enough to create this idea, it must have come from some other source.

LG Operation Strategy Final Report Essay Example

LG Operation Strategy Final Report Paper Domestic competition led them to restructure their operations in early ass, merging the two major business heads under a new name -? LEG Electronics. In 2006, they launched the now popular Blue Ocean Strategy to become one of the top 3 in the mobile handset market. However, heir strategic alliance with Microsoft did not give the dividends they expected. In other Segments Of the consumer electronics industry, they stand in the top 4 globally. Lags consistent revenue patterns can be attributed to their operational strategy, by means of which they have been able to keep costs down. In 2010 LEG entered the smartened industry. Following is a division wise breakup and the financial performance of the smartened division of LEG. Fig. 1 Division wise breakup Fig. 2 Financial Performance of smartened division of LEG Group 4 Final report for Proof. Kimono Kim Cassia MBA page 12 SOOT Analysis Strength Most of all, LEG Electronics has as many global network in sales and manufactures as Samsung Electronics. Its brand awareness can stand even with Samsung Electronics. For research and development, LEG Electronics maintains one of the most advanced technologies in smartened and home appliance. Its smartened and home appliance can compete against Samsung Electronics. Namely, strength in technology stems from robust research and development activity. 2. Weakness Due to huge spending in marketing promotion, its profits can plummets significantly in case sales amount is not sufficient. We will write a custom essay sample on LG Operation Strategy Final Report specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on LG Operation Strategy Final Report specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on LG Operation Strategy Final Report specifically for you FOR ONLY $16.38 $13.9/page Hire Writer More importantly, because f inappropriate management philosophy towards smartened industry consulted by McKinney LEG Electronics has small shares in global smartened market. And we can speculate that inappropriate management direction had been caused by high turnover in management. 3. Opportunity Increasing demand of high technology products, being lowered entry barriers to new regions, PTA, and fast growth of emerging economies are a critical chance for LEG Electronics to thrive in the future. But, those opportunities can be applied to other competitors, too. . Threat Severe competitions for new technology will be one of biggest burden to LEG Electronics in smartened and home appliance. For examples, during a few years, we cannot find innovative advances in smartened. On top of that, LEG Electronics should catch up two giant players: Apple and Samsung as soon as possible in smartened industry. If LEG Electronics cannot overtake them in a few years, its future might be eve similar to Sony. In addition, LEG Electronics needs to consider Chinas chase, for example Axiom. With cheaper price, Chinese competitors are pushing LEG Electronics in order to make LEG Electronics a loser in smartened industry. Cassia MBA Page 13 Evolution of Supply Chain from Mobile phone to Smart phone For studying the past changes in operational strategy of LEG we chose one of the factories in the Shagging province of China and compared the change of operation strategy from the days of mobile phone to smart phones. LEG, in 2001-2003, built two mobile phone factories in Shagging, the coastal province of China. 90% of its products were for export. The mobile phone factories in China could accomplish the end-toned process of mobile phone production, with the following process: Fig. 3 Pre smartened operational flow LEG used the most cost-efficient way to purchase the components. For high alee-added components like chips LEG imported from Korea and other countries; for the general components like shell or battery LEG purchased from Chinas local providers and for the packaging materials like box or cover, LEG purchased from nearby suppliers. But due to multiple supplier sources the problem of LEG was delivery of material; the too long time became the bottleneck of the whole process. Therefore, ensuring the delivery in time became a key challenge. Aiming to improve the process of the factories in China, LEG conducted the revolution in 3 aspects: Cancel Utilize HUB to delete the unnecessary logistic nodes and decrease frequency Of logistic. Change Change the processes during the supply chain and reinforce the shortage nodes. Collaborate Combine the storage with the management, focus on core processes and outsource the unprofessional processes. Page | 4 The diagram below shows the detailed change of the supply model of Lags factory in China Fig. Post smartened operational flow After the revolution, because of the hub, Lags whole lead time of the process before the manufacturing time decreased from 40 hours to about 20 hours, the efficiency sharply improved. Understanding SCM and ERP in LEG 1. Supply Chain Management The ultimate aim of Supply Chain Management is to provide higher quality consumer service and in the mean while cutting down the inventory cost and uni t cost. Supply Chain includes Buying the products, Movements of raw materials, Organizing manufacturing, Supplier management. Then the small change in customer demand it leads to bigger change in manufacturing unit this is called bullwhip effect. Symptoms of bullwhip effects are excessive stock of raw materials. Poor commodities forecast, insufficient or excessive capacity utilization and poor services to customer. These are the effect sand symptoms. SCM in LEG had been started in late ass. The SCM in LEG needs various manual certifications in each stage of operation. The SCM is implemented and then training is given to top management first and then training is provided to the internal staffs and also for its partners like vendors and suppliers. After that the company found to operate a smooth supply chain in raw material stage, work in process and finished good stage LEG is one of the players in the competitive electronic market and there are lots of good companies in the market and LEG has competitive advantage in supply chain management. It has competitive advantage in cost control because heir inventory cost is very less. Their inventory cost is less because they are placing fewer orders in order to reduce the cost of manufacturing. LEG avoids the cause of bullwhip effect by accurate demand forecasting, operating short Final report for proof. Kimono Kim page | 5 lead time, segmenting product line, reducing price fluctuation to local market. LEG has increased their productivity by 10 % with the use global Supply Chain Management and company checks the current status of product shipment and company has lots of options to reduce the inventory cost with the help of Supply Chain Management. A Company maintains Elasticity and Malleability to match their supply and demand for their products. Company still takes more initiatives to reduce the cost of manufacturing; inventory costs with the help of Global supply Chain Management. In LEG management gives more importance to Supply Chain department, in every unit company has one supply chain manager and he or she is the full responsible of that unit supply chain. In their company website they announced that company has reduced 1. 8 % manufacturing cost with the help of effective supply chain; hence company has effective supply chain and company has competitive advantages in their filed and company stands number one position in the market with the help of proper Supply Chain Management. Company forecasts very well and avoids the bullwhip effect in supply chain. LEG does regular market research for Bullwhip effect and company uses the resource properly and wisely. Company believes in partnerships for better supply chain process and company has chosen proper inventory control method to avoid excessive production cost. Hence it can be said that in reducing production cost and improving productivity Supply Chain Management plays vital role. If very organization use Supply chain Management they can also reduce the manufacturing cost. . Enterprise Resource Planning ERP is business term for the wide set of actions supported by multi module application that helps the organization to manage various functions and manage with a particular software and stored data with the help of memory. Various functions like purchasing, order placing, supplier details, customer details, guest details in hotels and operations. ERP also includes application modules like human resource manageme nt and financial. Typically ERR system integrates with a relational database system. ERP is a consistent platform it guarantees that there is no inconsistency in the information that is processed in the organization. ERP is essential for every firm in the world to get competitive advantage and it is necessary to train the people to use the ERR. The most important advantage of Enterprise Resource Planning is its accounting applications. ERP can integrate revenue information, profit analysis and cost of manufacturing and other financial. If a company wants to compete with global players, company should start implementing ERP. With use of ERP any organizations can get reduce the cost and lots of time will e saved. ERP in LEG Enterprise Resource Planning of LEG gives clear idea about their operational strategy. Currently company uses ORACLE ERP, they using this new ERP on August 2009. In LEG every year company spends $ 4 billion for their ERR implementation and giving training for their workers. They implemented ERP when they want to cut reporting and analysis period, improve performance, and reduce maintenance costs and to achieve complete visibility into global stock and marketing and sales costs. After implementing ERP their company moved to third place in Plasma TV market, and they positioned at 5th place in cell phone segment. Company maintains their all information in ERP. They are updating each and every outgoing and incoming raw material and finished goods unfinished goods. Company sends message to every department with the uses of ERR and company Chief IT Manager Mr.. Wang said that by using ERP company reduced their order placing times and order processing time and he added that now company are able to process their Order without errors. Since LEG is an electronic Group 4 Page 16 company they started using ERP before 8 years now company enjoys the benefits of Enterprise Resource Planning. Company delivers the product in mime they started using ERP because it gives clear cut information all supplies and finished products. With the use of ERP company utilizes their supply chain management and customer relationship management very well. Hence it is said that Enterprise Resource Planning helps company to save the time and to minimize the errors henceforth it leads to improve the performance Of organization and increases the profit of the organization. Challenges and Recommendations 1. Inability to find good partners LEG has traditionally failed to find good partners in both its upstream and downstream supply chain. One of the major reasons for its position in the smartened market is its initial collaboration with Microsoft Mobile SO. As the Windows Mobile SO tanked it took LEG with it. And LEG lost important first mover advantage. Similar is the story of its collaboration with Maxilla in 2012. Recommendation It is imperative that LEG chooses its SCM partners carefully. An example for the same is their collaboration with Google which resulted in Nexus. At kick units a month, it remains Elses highest selling smartened. 2. Timing of product release Samsung simultaneously launches products in arioso price ranges. Then they pour their products out in 150 countries worldwide through a tight and well-established supply chain. On the other hand, LEG held a large-scale promotional event for GO in New York in early August, but began selling the product only in mid September. LEG began selling GO in Europe only after October. Meanwhile, Apple released its phone AS on September 10 and began selling the new phones simultaneously in 9 countries beginning on September 20, and Samsung also began putting its Galaxy Note 3 in shops in October. Similarly, LEG started manufacturing smart ear 6 years after Samsung did. Recommendation -? Timing is everything. In the demand and fashion intensive market of smartness losing out the time race is losing the initiative and market competitiveness. 3. Growing inventory costs As Elses smartened innovations are few and erratic, this leads to huge inventory buildup and times and stock shortage at the others. A more stable market demand will help them stabilize their operations. Recommendation LEG should continue its move towards Lean Operating. Lean operating systems have four basic principles: (1) elimination of waste ND (2) reduced cost- see LEG and Inventory Management -? now more KIT and demand led, avoid stock piling costs from supply led strategies Group 4 Page | 7 (opportunity costs, waste, dated), the ideas board (cost reduction improvements savings KICK USED/month) and staff cost cutting (stop overtime); (3) Improved quality the ideas board (quality improvements) and (4) increased speed and response. . Stuck in the middle LEG lacks differentiation. Its not in the premium segment like Apple and Samsung, nor is it in the low cost segment like MicroVAX or Leno. Recommendation Should they go the Axiom way and mind a niche in hardware or go the Google way and develop a niche in software. Can they be the next big thing in smartened evolution? Can flex screens be the next thing in smartened? These are the questions LEG needs to evaluate. 5. Growing competition in the sub premium range There is a slew of low cost Memos around the globe. The competition has intensified with Telecoms providers also getting in the race of MOM. Recommendation The thing to do is to hang in there.

The Maasai essays

The Maasai essays Geographical Location: East Africa, in Kenya and Tanzania Neighboring Tribes: Samburu, Baraguyu (Ilumbma), Wa-Arusha, Njemps. Geographical sections of Maasai land: Ilkinsongo (largest), Ilpurka (2nd largest), Iloitai, Ilmalapato, Iloodokilani, Ilkeekonyokie, Ilkaputiei, Ildamat, Ilsiria, Ilwuasinkishu, Ildalalekutuk and Ilaitayiok. Each section has its own name, territory, dialect, ceremonies, ways of building houses and kraals and leadership authority. Staple food: Milk, ghee, meat, blood of cattle, various herbs and plants. 1) Lengipaata A ceremony boys undertake just before circumcision. 2) Emorta It is the circumcision ceremony. It initiates boys into warrior hood. 3) Eunoto It is the graduation of warriors into elder hood. 4) Olngesherr Confirmation of total elder hood. Four major stages of a Maasais life: 1) Ikera Youth (before circumcision). 2) Emarota Youth (after circumcision). The Maasai are a close-knit society, where every member is just as important as another. Uncircumcised youths (Inkera) are responsible for herding and well fare of the cattle, the most important commodity of the Maasai. Circumcised youths (Emorata), eventually become the warriors (Ilmoran), who are totally responsible for protecting the tribe from rivals and other dangers such as lions. However, the Elders (Ilpayiani) are probably the most important people of all in Maasai society. Highly respected, the respect reserved for them is unsurpassed. They take all major decisions for the clan. Only elders are present for the meetings where decisions are taken. A non-elder is present only if the meeting is about that person. When a senior warrior prepares himself for his new life as an elder, he is told, Now that you are an elder, drop your weapons and use your head and wisdom instead and Master the are the tongue and wisdom of the mind. A new junior...

Learning and Talent Development Essay Example | Topics and Well Written Essays - 2750 words

Learning and Talent Development - Essay Example An organization’s ability to cope with the changing economic environment is determined by its people and thus an organization needs to invest in the learning and talent development of its workforce in order to succeed. Learning is necessary as it brings real business results and organizational talent. Learning and talent development empowers employees as it provides them with knowledge, resources and tools needed to perform at their best.An organization’s ability to cope with the changing economic environment is determined by its people and thus an organization needs to invest in the learning and talent development of its workforce in order to succeed. Learning is necessary as it brings real business results and organizational talent. Learning and talent development empowers employees as it provides them with knowledge, resources and tools needed to perform at their best. Learning in an organization is the process through which the organization attempts to improve its p erformance, identifies and rectifies errors and adapts to the changing environment through knowledge and learning (Kandt, 2014). Â  Learning is important for an organization as it enables the organization to perceive and identify changes both internal and external thereby helping it to adapt to the changing environment. Â   Talent is often considered to be an exemplary skill possessed by few people only (Pruis, 2011). Talent in an organization is commonly thought to be that which is capable of achieving high levels of performance.

Falsfication of medical records Assignment Example | Topics and Well Written Essays - 750 words

Falsfication of medical records - Assignment Example Falsifying patient’s medical records is a case of negligence and it can result in the deterioration of a patient’s health and in some cases the death of the patients. Lundstrom further explains that there are cases where costly medical law suits drive hospital administrators to recreate medical records. This serves as a desperate measure to cover up their neglectful care (Lundstrom, 2013). Lundstrom looks at the various patterns in falsification of medical records. Dressenhaul and Peabody (2002) explain that recording false positives leads to overestimation of the quality care in critical areas such as physical examination. According to Lundstrom, medical practitioners falsify medical records to cover up neglect or unprofessional acts that result in the death of a patient. In such cases, the nursing home administrators rewrite the records to minimize liability. There are other cases where staff members fill in blank patient charts without confirming whether treatment ha s taken place and there has been accuracy of the information. The pharmacy department also experiences cases of medical record falsification when medications are cleared off from the pharmacy, but later discrepancies in the pharmacy records are reported or boxes of medication are found unopened. There are other cases where nurses falsify consent forms to enable them to sedate patients. In some cases, nursing home staff alter dates in medical records to cover up acts of negligence during an audit (Lundstrom, 2013). Pozgar (2009) points out that falsifying of medical records is a professional misconduct. Patients expect from health practitioners to keep accurate and adequate records that show their medical history. Accurate and adequate medical records facilitate effective communication of health requirements between practitioners and patients. Inaccurate documentation jeopardizes a patient’s health. Falsified documents shatter a practitioner’s credibility (Pozgar, 2009) . According to Pozgar, a health practitioner has a duty towards the patient to maintain the accuracy, truth, integrity and reliability of the medical records. Pozgar explains that inaccurate, misleading or false information in a medical record prejudices the patients care. When a practitioner falsifies a patient’s medical information for his own interests, it is regarded as a gross medical malpractice for this endangers the patients’ health. Daniels (2004) explains that falsifying of medical records constitutes unprofessional conduct. Falsifying medical records is a breach of duty. Such negligence by medical practitioners goes against professional ethics. Medical record falsification can cost a health practitioner their license to practice (Daniels, 2004). Falsification of medical documents goes against certain principles in nursing practice. Whitehead, Weiss, and Tappen describe the principle of nonmaleficence, which requires that a nurse should not do any harm either deliberately or unintentionally to a patient. The principle requires that nurses protect patients, especially those who are unable to protect themselves, like mentally challenged patients or physically challenges patients. Falsifying medical documents endangers a patient’s health (Whitehead, Weiss and Tappen, 2007). Medical records falsification breaches the principle of fidelity that requires nurses to fulfil their responsibilities as nursing practices state. Nurses

Profession of Arms Essay Example for Free

Profession of Arms Essay Characterizing the Army as a profession is a widely debated issue. Some attest that the military employs a small cadre of professionals, yet this does not qualify the entire vocation as a profession. Others are not so kind and paint a picture of mindless robots simply following orders. The debate rages because it is fundamentally difficult to find an absolute definition for a profession. This troublesome task is further exasperated because the trust of the public ultimately certifies a profession. Nevertheless, the principle characteristic that remains constant to all professions is that they possess a guiding ethic that controls the effective application of their expertise. 1 The Army constitutes a profession because it possesses an ethical framework that is intrinsically present within the institution. As it relates to a professional ethic, all professions possess a code that governs the moral, ethical and legal activities of their members. For example, The American Medical Associations Code of Medical Ethics holds to the Oath of Hippocrates.2 This oath is Western civilization’s expression of the ideal conduct of a physician.3 Lawyers also take an oath of office that anchors them to the ethical practice of their craft. This code of ethics provides parameters for lawyers on how they should conduct their affairs and matters ranging from client confidentiality to conflict of interest.4 Similarly, all members of the United States Army swear or affirm an oath upon initial entry. The Oath of Enlistment or the Oath of Office marks the beginning of each Soldier’s military service and their commitment to a higher ethic. This oath is the bedrock of the Soldier’s moral and legal principles. The Army Values, the Soldier’s Creed and the Warrior Ethos exemplify the pinnacle of the Army’s organizational ethic. Some might argue that many organizations have a similar ethic, yet they are not a professio n. Why are athletic teams that incorporate and enforce team rules, not considered professions? Another issue concerning the Army professions ethical barometer stems from comments made by senior Army officials like General Maxwell Taylor, the fifth Chairman of the Joint Chiefs of Staff. According to him, as long as a man performed his duty he  was fine. â€Å"For [GEN] Taylor, a good [S]oldier, even a good [O]fficer, could be a bad man.†5 What these dissentions fail to consider is that the Army, or any profession, does not singularly apply its ethic to the daily living of its members. Concerning the members of an athletic organization, it must be understood that one does not ethically hit, pass or throw a ball. Athletes do not apply ethical guidelines in the performances of their sports. Conversely, GEN Taylor fails to realize how private character affects the ability to command troops. One cannot compartmentalize the ethic of professionals into private and public sectors. Professionals apply their ethic to the application of their craft on behalf of the society they s erve. 6 Soldiers, like all members within a profession, must exercise their ethic in the execution of their work, not just in their private lives. Although, a universal criterion to qualify a particular vocation as a profession is difficult to quantify, the possession of a guiding ethic is common to all professional definitions. The Army is a profession because throughout its ranks it has continued to operate within the ethical framework it has set forth for itself. The Army, as a profession, demonstrates not only that it possesses ethical cannon, but is committed to operating by it. The Army Values, the Soldier’s Creed and the Warrior Ethos are the natural outpouring of these ethical cannon. Regardless of these facts, it remains unique to a profession that they cannot simply declare themselves a profession.7 The public reserves the right to determine so. Americans will only continue to regard the Army as a profession based on our effective and ethical application of landpower.8 Des pite many ethical failings, the American people recognize that the Army possesses the courage to hold its members ethically accountable and therefore legitimize itself as a profession of arms. Bibliography Pbs.org,. NOVA | The Hippocratic Oath Today. Last modified 2014. Accessed September 12, 2014. http://www.pbs.org/wgbh/nova/body/hippocratic-oath-today.html. Robinson, Paul. Ethics Training And Development In The Military. Ebook. 1st ed., 2007. Accessed September 11, 2014. http://strategicstudiesinstitute.army.mil/pubs/parameters/Articles/07spring/robinson.pdf. Training and Doctrine Command, â€Å"An Army White Paper: The Profession of Arms,† 8 December 2010, 2. http://www.benning.army.mil/armor/content/PDF/Profession%20of%20Arms%20White%20Paper%208%20Dec%2010.pdf U.S. Department of the Army. The Army Profession. Army Doctrine and Training Publications 1. Washington, DC: U.S. Department of the Army, June 13, 2013. Accessed September 11, 2014. http://armypubs.army.mil/doctrine/DR_pubs/dr_a/pdf/adrp1.pdf. YourDictionary.com,. Code Of Ethics Examples. Last modified 2014. Accessed September 11, 2014. http://examples.yourdictionary.com/code-of-ethics-examples.html.

Rates of Reaction :: GCSE Chemistry Coursework Investigation

An Experiment to show the reaction between Hydrochloric acid and Calcium Carbonate Introduction Hydrochloric acid + Calcium Carbonate Calcium Chloride + Carbon Dioxide + Water 2HCl(aq) + CaCO3(s) CaCl2(aq) + CO2(g) + H20(l) In this experiment we will be investigating the variables that can affect the speed of reaction between hydrochloric acid and calcium carbonate. During this experiment carbon dioxide is produced. This is what we are going to use to record the speed of reaction, for the faster the reaction the faster carbon dioxide is produced. Variables ========= A variable affects the rate of reaction between a number of chemicals. For a reaction to occur the particles have to collide with sufficient energy to break the bonds between them. This amount of energy needed is called Activation energy. In a reaction, only the particles with energies above the Activation Energy will cause a reaction. The different variables that could be used are: Text Box: Surface Area When a solid reacts with a liquid or gas, the surface area of the solid particles makes a difference to the speed of the reaction. From the diagram you can see that the three smaller particles have a larger surface area all together (shown as blue) than the larger particle and so will react faster. There are more calcium carbonate particles on the the concentration of the hydrochloric acid Text Box: surface for the acid to react with. Powders of a Calcium carbonate react even faster as the of calcium carbonate particles showing to react with the acid particles is even greater. Crushing up the solid in an experiment can make a long experiment a lot faster and more violent. The reason that, with a larger surface area a solid reacts faster is that there are more particles showing for the liquid or gas to react with. Temperature =========== This is one of the most effective ways of speeding up the rate of a reaction. From heating the chemical you are transferring energy into the particles. When particles do collide, they are more likely to react, rather than just bounce off each other, if they are moving faster. When the particles have more energy they collide more often and with more force with the other chemical. With more collisions and with a larger force it is more likely that the collisions will be successful. This means that the rate of reaction will be greater. change in heat can change the rate of the reaction. The first curve on the graph shows a reaction when the chemicals involved are of a low

Final Paper

Cost is flexible in hosing the kind of product to sell in different country, so that those products can meet the right demand of the customers from that particular country. Going global is a big decision, so Cost must take close observations into many different countries and those markets before deciding the best country operate its business. Location is considered as one of the crucial factors that lead to a business's success. The business should consider any tangible or intangible costs, political or climate risks, and the proximity to suppliers.There are four methods to choose a location: factor rating, location break- even analysis, center of gravity, and transportation model. In this case, I feel like Cost has applied the center of gravity method, which means finding a location of the single distribution center serving several destinations. Cost is operating as a warehouse or retailer, so it definitely wants to find the location that is near to households and other types of bus inesses. In that way, it can act as the main source of distribution to other businesses.Besides carrying variety kinds of products, Cost also has great services in different areas. Some of them are auto program, health and dental plans, payroll services, boat and REV loans, mortgage purchase and refinancing, etc. These services are very benefiting for customers' daily life. With the hope of keep growing and improving, Cost really value customers' feedback on any kind of service that they provided. Cost always wants to bring the best services and high quality products to its customers.Cost truly value quality because it always wants to bring the best things its customers. Every product that is delivered to Cost warehouses needs to go through a quality checking yester. Everything includes groceries, appliances, automotive supplies, tires, toys, hardware, jewelry, electronics, books, clothes, health and beauty aids, tobacco, wines, furniture. Cost is known for carrying top quality nati onal and regional brands, with a hundred percent satisfaction guaranteed, at prices consistently below traditional wholesale or retail outlets.When having quality as the top thing in the list, Cost must ensure that it has an efficient inventory management system. Managing inventory is important because it keeps track of the number of inventory need of everyday, reduce the shrinkage, and avoid out of stock situation. Just-in-time (IT) is a Japanese term that describes the method of inventory control to help increase efficiency and reduce costs by receiving goods only as needed. The method requires the producers must be able to accurately forecast the demand. Cost is applying this very well.The inventory is well managed; out- of-stock and shrinkage has never a problem to Cost, because it acts as a store and also a warehouse; therefore it can hold the goods for long. Some businesses also choose Cost as their supplier, so they will buy in bulk at the rower price. Cost is not only good a t managing inventory, but it also has a great supply chain management strategy. What Cost does is sharing detailed inventory and sales data with its brand suppliers. These suppliers, in turn, are responsible for stocking the product on Cost's shelves.This helps to eliminate the potential for a bullwhip to develop as suppliers can make accurate orders to refill the stock. Cost is incentive to provide timely, accurate data to its suppliers and suppliers are persuaded to reorder appropriate quantities of Cost. Additionally, both companies benefit by avian a more reliable system to keep products on shelves for consumers. Every business needs an appropriate process design so that it can meet the customers' requirements within the cost constraints.Among the five transformational systems -? job shop, flow shop, product focused, main customization, and project focused, Cost belongs to the product focused system. This means there are more standardized products, with high volumes, but it shou ld keep a consistent quality, and emphasizes on low cost. Products and services play an important role in an organization, but we just never forget the workforce is also an essential factor. Human resources department (HER) is where the business recruiting and training its employees.In 2006, Cost had 71 ,OHO full-time employees and 56,000 part-time employees; and I believe these numbers have increased a lot since then. When hiring new employees, Cost should give some sort of job specialization to everyone, which describes the requirements of certain position that Cost is offering, and a little information on the salary. From that, the people who find he/she is fitting in certain qualifications will apply or the position. Cost is one of a few retailers that pay and treat well to its employees.According to Jim Senegal, â€Å"having a well-compensated workforce was very important to executing Cost's strategy successfully. † By providing many benefits to the employees, it also br ings Cost a significant advantage, because everyone knows that Cost pay the highest wage, and also a retailer that treats employees nicely and fairly. Besides paying high wages, Cost also provide many sources of motivation to its employees, such as awards ND bonuses; in order to make the job becomes more interesting, Cost should change its motivation regularly. Final Paper Cost is flexible in hosing the kind of product to sell in different country, so that those products can meet the right demand of the customers from that particular country. Going global is a big decision, so Cost must take close observations into many different countries and those markets before deciding the best country operate its business. Location is considered as one of the crucial factors that lead to a business's success. The business should consider any tangible or intangible costs, political or climate risks, and the proximity to suppliers.There are four methods to choose a location: factor rating, location break- even analysis, center of gravity, and transportation model. In this case, I feel like Cost has applied the center of gravity method, which means finding a location of the single distribution center serving several destinations. Cost is operating as a warehouse or retailer, so it definitely wants to find the location that is near to households and other types of bus inesses. In that way, it can act as the main source of distribution to other businesses.Besides carrying variety kinds of products, Cost also has great services in different areas. Some of them are auto program, health and dental plans, payroll services, boat and REV loans, mortgage purchase and refinancing, etc. These services are very benefiting for customers' daily life. With the hope of keep growing and improving, Cost really value customers' feedback on any kind of service that they provided. Cost always wants to bring the best services and high quality products to its customers.Cost truly value quality because it always wants to bring the best things its customers. Every product that is delivered to Cost warehouses needs to go through a quality checking yester. Everything includes groceries, appliances, automotive supplies, tires, toys, hardware, jewelry, electronics, books, clothes, health and beauty aids, tobacco, wines, furniture. Cost is known for carrying top quality nati onal and regional brands, with a hundred percent satisfaction guaranteed, at prices consistently below traditional wholesale or retail outlets.When having quality as the top thing in the list, Cost must ensure that it has an efficient inventory management system. Managing inventory is important because it keeps track of the number of inventory need of everyday, reduce the shrinkage, and avoid out of stock situation. Just-in-time (IT) is a Japanese term that describes the method of inventory control to help increase efficiency and reduce costs by receiving goods only as needed. The method requires the producers must be able to accurately forecast the demand. Cost is applying this very well.The inventory is well managed; out- of-stock and shrinkage has never a problem to Cost, because it acts as a store and also a warehouse; therefore it can hold the goods for long. Some businesses also choose Cost as their supplier, so they will buy in bulk at the rower price. Cost is not only good a t managing inventory, but it also has a great supply chain management strategy. What Cost does is sharing detailed inventory and sales data with its brand suppliers. These suppliers, in turn, are responsible for stocking the product on Cost's shelves.This helps to eliminate the potential for a bullwhip to develop as suppliers can make accurate orders to refill the stock. Cost is incentive to provide timely, accurate data to its suppliers and suppliers are persuaded to reorder appropriate quantities of Cost. Additionally, both companies benefit by avian a more reliable system to keep products on shelves for consumers. Every business needs an appropriate process design so that it can meet the customers' requirements within the cost constraints.Among the five transformational systems -? job shop, flow shop, product focused, main customization, and project focused, Cost belongs to the product focused system. This means there are more standardized products, with high volumes, but it shou ld keep a consistent quality, and emphasizes on low cost. Products and services play an important role in an organization, but we just never forget the workforce is also an essential factor. Human resources department (HER) is where the business recruiting and training its employees.In 2006, Cost had 71 ,OHO full-time employees and 56,000 part-time employees; and I believe these numbers have increased a lot since then. When hiring new employees, Cost should give some sort of job specialization to everyone, which describes the requirements of certain position that Cost is offering, and a little information on the salary. From that, the people who find he/she is fitting in certain qualifications will apply or the position. Cost is one of a few retailers that pay and treat well to its employees.According to Jim Senegal, â€Å"having a well-compensated workforce was very important to executing Cost's strategy successfully. † By providing many benefits to the employees, it also br ings Cost a significant advantage, because everyone knows that Cost pay the highest wage, and also a retailer that treats employees nicely and fairly. Besides paying high wages, Cost also provide many sources of motivation to its employees, such as awards ND bonuses; in order to make the job becomes more interesting, Cost should change its motivation regularly.

History, Symbolism, and Characters in Homer’s The Odyssey

In The Odyssey, it takes Odysseus twenty years to make it home from the Trojan War. On his journey home, he runs into many obstacles and creatures that he must overcome. He encounters the sirens, the Cyclops, and others. Each event in this epic poem has a symbolic meaning behind it. Homer writes about the history, symbolism, and the characters in The Odyssey. The Odyssey is about the Greek gods and heroes and their adventures (Makman). Odysseus is the main character, and he is going on a quest that takes him several years to complete. Homer’s story, the Odyssey, arises many questions in the later years of its readers (Thornton). Homer’s work is has such an impact on poets and literary works today that no one could match his work in†¦show more content†¦Odysseus is just a normal Average Joe, who has to fight these mythical monsters and at the same time learn the meanings of each encounter. (Sale, â€Å"Odyssey†). According to Frank, â€Å"The recognition scene, following a twenty-year separation, between Odysseus and his dog Argos, in Homers Odyssey, is one of the greatly moving moments in Western literature. And yet it remains strangely incomplete, a recognition scene manque. Argos acknowledges his master, but he does not reciprocate† (Frank). Argos is Odysseus, and hasn’t seen him for many year s, and even though he has aged quite a bit, argos still recognizes his master, and doesn’t hesitate. Symbolism takes a big part of this story. The reader learned from Odysseus mistakes and decisions he made through the poem. According to Homer â€Å"If any one unwarily draws in too close and hears the singing of the Sirens, his wife and children will never welcome him home again, for they sit in a green field and warble him to death with the sweetness of their song. There is a great heap of dead mens bones lying all around, with the flesh still rotting off them† (Homer). The sirens are a mythical monster that pulls them in with their singing, and they will end up taking their lives. The Odyssey is an epic poem with many characters, from monsters to heroes. According to Worman, â€Å"The reputation of Odysseus suffered somewhat in the fifthShow MoreRelated Essay on Symbolism, Imagery and Diction in Homer’s Odyssey878 Words   |  4 Pages Symbolism, Imagery and Diction in Homer’s Odyssey nbsp; During the course of history, the world has seen many fine works of literature like Homer’s epic, Odyssey. This book is a standard against which to compare all literary novels. The symbolism permeates the pages drawing the reader into the intriguing plot that includes twists within the central theme. Also, the author intelligently uses imagery and diction painting dramatic images in the readers mind - building upon major the themesRead MoreEssay on Ulysses by James Joyce1157 Words   |  5 PagesJoyce Many novelists directly reflect their life stories and personal circumstances in their works, so closely that the works may seem autobiographical. Although there are autobiographical parallels between James Joyces life and that of his characters in Ulysses, the novels scattered autobiographical details are more in the line of delightful puzzles to be ferreted out, rather than direct insights into Joyces life. What is really important in Ulysses is not the ties to Joyces personal experience;Read MoreCoen And Hosseinis O Brother, Where Art Thou And The Kite Runner1500 Words   |  6 Pagesa range of literary and film techniques. Coen and Hosseini condemn the tangible racial and ethnic intolerance through characterisation, parody and mise-en-scà ¨ne. 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