(See the information which I have uploaded) Essay

(See the information which I have uploaded) - Essay Example A firm must bring about certain efforts which are geared up to make it sound, look and eventually feel different from the rest of the lot and in the long run, have a selling proposition in it and in its products that help it in winning the customers time and time again. It is significant to understand that having the most sought after employees and workers in the market is necessary since they will give the most productivity in the toughest times possible. (Cappelli, 1999) From a truly organizational standpoint, the current needs in the training regimes require the employees to get themselves acquainted with the ever changing role of Information Technology and the like within the business quarters as well as learn for their own betterment the different mechanisms through which they can make use of the business processes and management activities in a steady and quick manner. (Egan, 2001) They need to align themselves with the advanced technological applications and that too in a quick way because the corporate world of present times is on the move. The training needs are required within any organization since the same would ensure that all the employees understand what they are doing and there are as such no hiccups in the office place so to speak. It is a fact that the workers must know what the end goal for the business is like and on what parameters success is measured as far as the top management of the organization is concerned. There must be uni son in their working mechanisms so that they are all on the same wavelength no matter how trying or tough the circumstances turn out to be. (Varey, 2001) Service marketing and management has remained the key for a long time, especially within the contexts where the same offers a creative edge over other service organizations – the competitors in essence. From an office standpoint, there are certain instances when it is best to choose different people for the various jobs that are

C-V-P equation.Contribution margin Essay Example | Topics and Well Written Essays - 1250 words

C-V-P equation.Contribution margin - Essay Example The C-V-P equation or the Cost Volume Profit Analysis is a major step in major decisions. It is the model which defines a relationship between the sales price, cost or production, sales volume and other costs of any product. The major purpose of this model and its application is the predictability of future profits and its change based on changes in either volume or any of the components of costs that it takes into account.It is important for managers to decide if their materials costs and other direct variable costs are too high given the revenue from the product. Keeping aside the fixed costs which have to be borne irrespective of the sales revenue, the remaining costs which are directly proportional to units sold can be minimized to manage cash flows in a better way. They can cut on their variable costs by having a look at the contribution margins of their company and their products.The contribution of sales to before tax profits, or gross profits, over and above the break even is exactly the contribution margin as there are no fixed costs any more. The amount after the deduction of variable costs from the revenues will be added to the profits.CVP graphs help the manager and the reader to have a better figure of the relationship between the profits, sales and volume of sales. CVP graphs also helps in viewing the breakeven points on the graph and provides a better insight into the profit-impact of increased sales or costs.When we have a increase in the fixed costs, the breakeven point changes. ... 13. When other factors are constant, what is the effect on profits of an increase in fixed costs Of a decrease in variable costs When we have a increase in the fixed costs, the breakeven point changes. The breakeven point is the point where the profits are zero or the total contribution margin is equal to the fixed costs. It's a no-profit and no-loss position. When the fixed costs increase in the [(Fixed costs) / (contribution margin)] calculation of break-even point, the number of units to break even increases. If there is a decrease in variable costs, the contribution margin increases, given the same price. Due to this, the break even units decrease as the denominator is increasing. 14. What are the limiting assumptions of C-V-P analysis The CVP model assumes that the prices of the units will remain constant and do not change in the entire process. Variable and fixed components can be easily and accurately calculated for units. The determination of fixed and variable costs, in actual conditions, is very difficult. Inventories are available at all times to make sales and that there is no shortage of supply of products to sell. The sales mix remains constant for multi product companies too. Practice 16-3 Linearity of Variable Costs within the Relevant Range The company has assembled the following data about its variable costs: Level of Activity Total Variable Cost 1,000 units $ 25,000 2,000 units 46,000 3,000 units 69,000 4,000 units 92,000 5,000 units 100,000 The company is currently producing 3,300 units. According to these data, what is the relevant range over which the company can assume that the variable cost per unit is constant In this case, the

Ethics Games Dilemmas Essay Example for Free

Ethics Games Dilemmas Essay The Baird Method based on the four ethical lenses and the four plus one decision-making method. In taking previous classes it was determine that no one lens fits the values of student Nayeli Trejos. The professor shocked with the results, and no student prior to Nayeli received that score in the lens test. This has to do with the fact that a person is not a particular lens all the time but shifts into a lens, depending on the situation. Two dilemmas were presented to the student after coaching in each lens the best decision based on the lens was chosen. The student had the opportunity to make the decision based on core values of the individual. Ethical Issues of Simulation and Decision making steps The first ethical issue presented in the simulation was a concern of an employee with a possible sexual harassment case. This employee had voiced concern about feeling uncomfortable in certain situations. The director of sales made aware by a third party regarding the situation of the employee receiving extra attention. The director received an e-mail from the employee stating the employee wanted to meet but for the director to keep everything confidential. The director of sales used the four plus one step decision-making plan known as the Baird method. The steps are be attentive, be intelligent, be reasonable, be responsible and be reflective (Ethicsgame, 2012). The best decision was based on the rights/responsibility lens and the results lens. The ethical issue presented in the second situation discusses tampering with research data results. The marketing director received a request to review the data to be submitted by the division medical director for publication. After reviewing the report the marketing director noticed inconsistencies form the first report drafted. The medical director removed data that was not favorable for the research and replaced with favorable data. The four plus one decision method was to address ethical issues. The marketing director chose the best option based on the results and reputation lens. Ethical Lenses used and  Lens Influence on Decision There are four ethical lenses that influenced the decision of the simulated ethical issues. The simulation offered the perspectives of the lenses to make the best decision based on the lens tools. The lenses are rights/responsibility lens, results lens, relationship lens, and reputation lens (Ethicsgame, 2012). Each dilemma presented offered two lenses to make a decision based on the tools of each lens. The simulation gave the best answer based on the lens and after the reader had the choice based on the individuals core values. After identifying the best choice for all lenses the students choice was rated for risk. Concepts Relating to the Workplace A lifeguard on duty needs to be easily identifiable for that reason employers require uniforms. Lifeguards uniform includes a bathing suit or trunk at all times while on duty. Females have an option of wearing trunks and a shirt over the bathing suit. Males have the option of wearing a shirt. The facility sees approximately 1,200 patrons a day. The probability of sexual harassment in this environment is higher. There are employees under age working alongside employees who are much older. Some females expressed feeling uncomfortable in certain situations. These concerns were addressed immediately to protect the employee as well as the organization. It is a requirement for employees to attend regular training and meeting to discuss policies and procedures. In these meetings a manual is issued to employees stating policies, procedure, and legal rights. The protocols were outline for the individuals in case of any situation. In addition to employee trainings supervisors are sent to an additional management meeting. This meeting addressed how to follow proper protocol to protect the individual filling the report as well as the organization. Conclusion Knowledge is power and educating employees will reduce risk of ethical issues. In these simulations different ethical issues were addressed. The opportunity to view two different perspectives before making a decision is beneficial. This allows the decision maker to reduce risk and keep the best interest of all parties involved. Know that the decision maker will not only stay in one lens but also will mold, depending on the situation at hand. References EthicsGame (2012). Retrieved from http://ethicsgame.com/Exec/CorpGame/BairdDecisionModel.aspx

Tisco (tata iron and steel company limited)

Tisco (tata iron and steel company limited) 1. Introduction TISCO (Tata Iron and Steel Company Limited) is the worlds sixth largest steel company which was established by Indian businessman Jamshetji Nusserwanji Tata in 1907. It is also the largest private sector steel company in India in terms of domestic production. The company is the fifth largest steel producer in the world as it produces 18 million tons of steel in India and 52.32 million tons overseas. [1] The aim of the company was to maintain its reputation in the steel industry. For this they had to do some advancement in their technology because, the legacy system was outdated. Basically they wanted to transit from a production-driven company to customer-driven company which will make them more Customer friendly. [2] For the improvement in the system they had implemented ERP SAP 3 which later on resulted in a success of company. Generally its not so easy to be successful in the ERP implementation process, but as the company had taken right decision on right time, they were able to get the desired results from the implementation 2. ERP Implementation 2.1 Need of an ERP System TISCO was facing two main problems. Firstly, the systems which were they using were outdated and it was also having some errors. Secondly, the system was mostly designed for the process and which made them to pay less attention to the customer needs. [3] Finally, company decided to implement a new ERP system which is error-free as well as less complex and which will also help them to become more Customer friendly. 2.2 ERP System Selection The company wanted such an ERP system which would satisfy the factors such as time, profit, cost, compatibility, support, transparency and future requirements. While working on these factors company was also forecasting the condition which will become in the future after implementing any ERP system. So finally after a thorough study, the company ended up with the SAP 3 ERP which was fulfilling all the requirements of the company. [2] 2.3 ERP Implementation Process The ERP implementation process is a very time consuming because it has to go through some major factors like planning, designing and testing. Most important thing is that the system should meet the companys demands. Thus, to implement the SAP ERP system, a period of 8 months was allotted which was a big challenge for the company. [3] But the company was able to meet the deadline successfully. 3. Factors Contributing to Success 3.1 Planning The initial step for the company was to list out the goals that are is to be achieved. According to the goals they designed the process plan. TISCO wanted to create such an environment which will always make them to learn something new by which they can make changes to make the system more efficient. They had also planned about the changes that can affect the system in future. By this they can immediately implement the solutions for the changes without wasting the time. The company wanted the software to work in such a way that it would improve the products and services which will make the company to maintain its reputation in the steel industry. 3.2 Process Organization Its always good when the process is divided into some parts so that each process can be handled separately with less complexity. So the company had divided the whole process into two parts. The process which was more complex and had more transactions was defined as the ‘Hubs and the process with less complexity and transaction was defined as the ‘Spokes. [2] Hubs are the major part whereas the Spokes are the minor parts. Spokes were attached to the Hubs because finally the whole process was going to run together. These processes were designed into the SAP modules. Enough training had been given to the developers to work on these modules so that they can handle the problems which might occur while testing these modules. The company had given deadlines for each module because the final task was to run all these modules at the same time. And at this point if any kind of errors would occur then, there should be enough time to work on it. So, In order to run all these modules together the developers had to do the proper implementation of their knowledge. 3.3 Final Stage At this stage the company was ready with all the modules and was preparing to go live with the entire project. This stage was very crucial for them because this is the moment when they will get to know the results. As the company did not face any problems while working on the project, the desired results were expected. They had done the thorough analysis of the whole process and implemented the solutions for the changes where they were required. So the company was quite confident about the outcomes. 3.4 Result Finally TISCO got success in SAP ERP implementation project. This project helped the company in terms of financial, technical and managerial aspects. [3] This project made company to update its customers daily and providing a good quality of service across the country which led to the improvement of customer management. This project had led company to an improved productivity, enhanced customer service, speed delivery and reduced cost. The system was less complex and a user friendly which was the biggest advantage. This project helped the company to reduce the product cost and gain more profit in the industry. 3.5 Future Steps The success of this project was motivating for both the TISCO and the ERP vendors. Now TISCO is not only using this software but they are also going to work on it further to gain more benefits for the company as well as for the stakeholders. [3] This will help company to make more profits and satisfy the customer needs efficiently. In this way the company can keep its existing hold in the steel industry. 4. Conclusion Many big companies have failed to implement ERP systems. Due to this fact many companies doesnt prefer to implement ERP. But this fact did not affect TISCOs morale. They worked very hard on the project which made them more confident about the results. The speed at which they worked and the way they synchronized all the work was remarkable. This was one of the major contributing factors for the success. Finally the project gave the desired results and fulfilled all their expectations. 5. References 1. Wikipedia (2007) http://en.wikipedia.org/wiki/Tata_Steel 2. Bhavish Sood, (2001): Indian Express Group (Mumbai, India) http://www.networkmagazineindia.com/200210/case5.shtml 3. Crewind Technologies Pvt. Ltd. (2009) http://www.erpwire.com/erp-articles/saperp-success-in-tisco.htm

Ellis Island :: essays research papers

ELLIS ISLAND Ellis Island has a long history, was needed, and was the "Gateway to America" from 1892 until it closed in 1954, when it began its slow decay. The island was called Gull Island by the Indians and Oyster Island by the Dutch. Later the English erected a gibbet or gallows on the island for hanging criminals and so the island became known as Gibbet Island. The Indians sold it to the Dutch East India Company for trinkets. The company later sold it to Mynheer Paauw who also bought land along the New Jersey coastline. Samuel Ellis, a colonial merchant bought the island and it became at last Ellis Island. After the Revolution, the island was sold to New York State and in 1811, Fort Gibson was built on it in preparation for the War of 1812. No fighting took place at Fort Gibson it was mainly a munitions storage fort. When immigrants began, pouring into New York City, New York State processed them at an old fort known as Castle Clinton on the Battery at the tip of Manhattan. When that facility became too small for the large number of immigrants arriving in the country, they chose Ellis Island as the new immigration center. After erecting new wooden buildings, it opened in 1892 but those buildings burned in 1897. New buildings were erected in 1900 and it reopened. Eventually the control of immigration was turned over to the Federal government. Ellis Island was the principal federal immigration station the â€Å"Gateway to America† in the United States from 1892 to 1954. More than 12 million immigrants were processed here. Over time, the immigration station spread over 3 connected islands with numerous structures including a hospital and contagious disease wards. It is estimated that over 40 percent of all citizens can trace their ancestry to those who came through Ellis Island. In its early years, when the greatest number of immigrants entered the country, Ellis Island mirrored the nation's generous attitude and open door policy. After passage of immigration laws in the 1920s, it was used more for "assembly, detainment, and deporting aliens," and symbolized a closing door. Immigrants were required to pass a series of medical and legal inspections before they could enter America.

Characterization In The Scarlet Letter :: essays research papers fc

Nathaniel Hawthorne was born in Salem, Massachusetts in 1804. After his graduation from Bowdoin College in Maine, he quickly became a well-known author of literary tales concerning early American life. Between 1825 and 1850, he developed his talent by writing short fiction, and he gained international fame for his fictional novel The Scarlet Letter in 1850 (Clendenning 118). Rufus Wilmot Griswold stated,The frivolous costume and brisk action of the story of fashionable life are easily depicted by the practised sketcher, but a work like "The Scarlet Letter" comes slowly upon the canvas, where passions are commingled and overlaid with the masterly elaboration with which the grandest effects are produced in pictural composition and coloring. (Griswold 352)Throughout the novel, Hawthorne reveals character through the use of imagery and metaphor.In the first Chapter of The Scarlet Letter, "The Prison-Door", the reader is immediately introduced to the people of Puritan Boston. Hawthorne begins to develop the character of the common people in order to build the mood of the story. The first sentence begins, "A throng of bearded men, in sad-colored garments and gray, steeple-crowned hats, intermixed with women, some wearing hoods, and others bareheaded, was assembled in front of a wooden edifice, the door of which was heavily timbered with oak, and studded with iron spikes" (Hawthorne 45). Hawthorne's use of vivid visual images and his Aaccumulation of emotionally weighted details" (Baym xii) creates sympathy for the not yet introduced character, Hester Prynne, and creates an immediate understanding of the harshness of the Puritanic code in the people. The images created give the freedom to imagine whatever entails sadness and morbidity of character for the reader; Hawthorne does not, however, allow the reader to imagine lenient or cheerful people.Nathaniel Hawthorne's eloquent contrast of the jail and its captive, Hester Prynne, also creates a sympathy for the emerging prisoner. The "ugly edifice...was already marked with weather-stains and other indications of age, which gave a yet darker aspect to its beetle-browned and gloomy front" (Hawthorne 45). The depiction of the jail emphasizes its ugliness, and the mental pictures formed in the mind of the reader suggest an aspect of gloom and suffering. However, Hester Prynne's initial description brightly contrasts the jail's. Hester "was tall, with a figure of perfect elegance...she had dark and abundant hair, so glossy that it threw off sunshine with a gleam" (50). Her face was "beautiful from regularity of feature and richness of complexion" (50).

Managing Resources Essay

The learning resource I have chosen is actually also used as an ice breaker for a lesson and then used to build on students communication, reading and understanding skills. The task is used to put students under a time constraint to complete a task of ready and answering simple and possibly trick questions in a short time frame. This resource is not used in a way to trick students but used to then get them to reflect on their ready and interpretation of a question. For example, the first part of the document tell them what they must do and this also asks them to use the space before the number to write their answers. Many students do not do this and proceed to write their answers at the end of the question. When a student is under stress, they may be able to learn skills in much less than the â€Å"usual† time. This is the theory also used in military basic training. It is known as ‘Quick Learning Under Pressure’, it reduces the time it takes to learn a skill through study. This theory has been interpreted under many different ways and Ann Dupuis suggests that under pressure students will gain new skills without taking time to study. Her theory goes onto describe how a Physician caught on a battlefield will under pressure help other people and learn surgery to assist other. I feel this adapts itself to my resource. Many students do not know how to adapt their skills under a timed period such as an exam and placing them under pressure for a short period of 5 minutes will get them later to reflect on their actions. This learning resource however may not be suitable to all students and it is not always used where I am aware of slow reader or maybe people who suffer with dyslexia. The choice to use this is based upon group dynamics and ability. When I thought of designing this resource I took into account how learners who complete this task can reflect on each question and question other peer group member answers. This then is reflected within Kolb’s idea on the learning cycle. Kolb works on a four stage cycle of Concrete Experience, Reflective observation, Abstract Conceptualization and Active Experiment. The experience side of things is the student actual having to complete the task. The reflective observation is covered by completed a group review of the answers. So at the end of the 5 minutes I will lead the students through the questions and statement finding out the students answers and getting them to reflect both personally and as a group on what they had originally written. Now they are reflecting are they changing their mind about the answers? Do they see their initial error when reading the question? The 3rd stage Abstract Conceptualization is then covered by the students looking at the task and ideas or concepts of others around them. The other student interpretation of the questions. The student will then process this information and is able to make a more informed decision. Final the Active Experiment part. 9/10 students want a copy to take a way and try on friends and family so they can put their new skills or understanding into practise of others. This theory is adapted from Kolbs 2006 theory which he updated added extra reasoning behind the 4 main stages. The learning resource once we have gone through the answers can now have the idea and new acquired skills in practising exam questions or exam papers under timed conditions. It also teaches the students not to read something once and immediately think the understand what is being asked of them. When I am moving on from this learning resources onto practise exams I am conscience of the different learning styles I have in the room. I have to ask myself what type of learning styles I have in the room. Do I have the reflector, the theorist, the activist or the pragmatist? The understanding behind this is designed by Honey & Mumford. They came up with these 4 titles. Reflectors like to stand back and look at a situation from different perspectives. They like to collect data and think about it carefully before coming to any conclusions. They enjoy observing others and will listen to their views before offering their own. Theorists adapt and integrate observations into complex and logically sound theories. They think problems through in a step by step way. They tend to be perfectionists who like to fit things into a rational scheme. They tend to be detached and analytical rather than subjective or emotive in their thinking. Activists like to be involved in new experiences. They are open minded and enthusiastic about new ideas but get bored with implementation. They enjoy doing things and tend to act first and consider the implications afterwards. They like working with others but tend to hog the limelight. And finally; Pragmatists are keen to try things out. They want concepts that can be applied to their job. They tend to be impatient with lengthy discussions and are practical and down to earth. The one good thing about this resource is as long as I have it on paper to hand out (good planning) I don’t need any other resource or technology. I have used this learning resource as a back up lesson in the past when either our computer systems have gone down, or I have arrived at a venue that does not have ICT facilities of some way of showing resources on a smart board or projector. This learning resource is shared out so widely. As mentioned earlier many students ask for a copy to take away with them so I ensure I always have spares to hand to give out and share the experience. Even if it is just for fun.! The main learning outcomes are to show the students that they need to read the question carefully, even if under pressure. To look out for trick questions or two part questions. And finally extracting the information out of the question that is not relevant to exactly what is being asked of them. In relation to legal requirements, this learning resources has been adapted from a many similar styles. I have used a number of my own questions, however I have added questions I have seen elsewhere and this includes from magazine riddles for fun and other websites. This resource has been changed several times and questions replaced with what I felt where better one to get the students thinking more. This then I believe fall under my Intellectual property right. This is the ownership of ideas or work. Copyright is different as copyrighted material means information created by someone else and a you are not allowed to copy it without the owner permission which may incur costs. An easy understanding of this would be music. If I brought a cd from a store and copied it onto a blank disc and then sold it I would be breaking copy right laws as I am selling something someone else owns. This is the same with learning materials.