Monday, January 20, 2020
Traditional methods of professional development :: essays papers
Traditional methods of professional development Traditional methods of professional development include workshops, learning communities, and college classes at a doctoral level. Most traditional professional development opportunities occur locally. Working in local communities allows teachers to address the professional norms of practice for the area in which they practice, and allows them to form more appropriate policies (Schlager& Fusco, 2003, p. 205). Each community is different in many ways. By catering professional development opportunities to the community in which they will be used, this allows the teacher to gain more information that pertains to their student population and school system. Moreover, one opportunity for professional development that may be offered locally is workshops. Workshops are usually offered in the summer and last only a few days (Gibbs, H.J., 2004, p. 47). Workshops are convenient for most teachers because they have the summer off and therefore the workshop does not interfere with their busy school work schedule. Also, local workshops allow teachers to network with other local teachers. Teachers share and build on each others ideas and work together to develop integrated activities (Gibbs, H.J., 2004, p. 47). It is important for teachers to have peers with whom they can seek advice from. Teachers with more seniority may be able to offer newer teachers helpful advice or bring up another aspect of a subject that may not have been considered. Sharing ideas through collaboration can spark up ideas for other teachers. Another example of a traditional method of professional development is the formation of learning communities. Learning communities are groups of teachers who meet to work on their teaching skills or new techniques. Learning communities also provide a support system to the teachers that are involved. Researchers believe teachers are more effective when they collaborate because the teacher has moral support, situated certainty, and a better opportunity to learn (Coronel, Carrasco, Fernandez, & Gonzalez, 2003, p. 130). Teachers become more confident when they are formulating ideas with people who work in the same field as they do. Working with peers allows for constructive criticism and the sharing of personal experiences which help teachers to explore and learn to be more effective. Furthermore, another type of traditional professional development is taking college classes at the doctoral level. Traditional cl asses are preferred by most students because they find face to face discussions to be the most beneficial (Mather, M.A., 2000, p.
Saturday, January 11, 2020
How to Effectively Manage Leadership
How to Effectively Manage Leadership [H. D. Williams] [Touro University Worldwide] Executive Summary The paper identifies the key points that Peter Topping has discussed in his book ââ¬Å"Managerial Leadershipâ⬠. This book is a guide for those who needs to build an effective leadership strategy. As Peter says that the management process involves the formulation of effective management systems right process for their application, have the right people with the right qualifications to manage and continuously improve systems to adapt to changing work environment.The major theme underlie in the book is that the managerial competence is necessary for laying the foundation for a very successful and flourishing career, however, it is a fact that demonstrated leadership skills are important to push the leader up to the organizational ladder and goals How to Effectively Manage Leadership Introduction The leadership is a feature of any organization, the axis motor of the same. It is ther efore important that any person that performs in the business develop leadership skills.According to Allen, (2008) the leader is the people comprising the action, who converts followers into leaders and who can become agents of change. Leadership ability has been identified as one of the central features determinants of successful staff. In this sense, the modern world requires all those who fulfill tasks in the business sector, to be the leaders, because leadership is the key to successful and improving organizations (Allen, 2008). About The Book The book which needs to be analyzed in this project is ââ¬Å"Managerial Leadershipâ⬠written by Peter Topping.Thus, the book has identified a number of facts which can be helpful as guidance for effective leadership. It is a fact that effective management in the new millennium of competitive business environment needs a solid and efficient leadership skills for which the companies lacks to provide adequate training and development. T here is a need for the Frameworks and top leadership tools for assessing leadership techniques, strengths for handling growth and change and thus, leads to make managerial leadership a veritable learning laboratory (Topping, 2001).Thesis statement The paper identifies how Peter has discussed The Role of effective management prevailing in competitive business environment in his book ââ¬Å"Managerial Leadershipâ⬠. Discussion and Analysis The book identifies a number of elements which is necessary for manage an effective management strategy. Thus, Leadership can be broadly defined as the process of inspiring, coordinating, directing, mentoring and motivating, individuals, groups of individuals, organizations, societies, or nations toward achieving goals or results.Such a simple definition hides the reality that leadership as a concept is rife with complexity and debate (Allio, 2005). More important, leadership as a field of study is vast and can be a daunting domain of study for newcomers to the field. Part of the challenge for people studying and researching leadership is the high volume of leadership theories and perspectives available (Buus, 2005). Leadership in the new economy with its constant changes required to have an ability to adapt to new emerging business model, maintaining constancy of purpose and core values.This ability increases if the leaders make deliberate choices consistent with the values and beliefs of the company. Therefore, todayââ¬â¢s struggling economy is in need of an effective leadership development strategy (Buus, 2005). A simple search of the word leadership will yield several thousand articles and publications on leadership written by academic scholars. As such, any attempt to define and summarize leadership will be a complex endeavor that will never fully capture and account for the concept of leadership.The aim of this encyclopedic entry, therefore, is to provide a general overview of leadership specific to organization s tudies for the novice reader. Major Theme The major theme underlie in the book is that the managerial competence is necessary for laying the foundation for a very successful and flourishing career, however, it is a fact that demonstrated leadership skills are important to push the leader up to the organizational ladder and goals (Topping, 2001). Based in part on Dr.Peter Topping's experience as managing director of the Goizueta Institute for Corporate Learning and Research, a cross-disciplinary think tank created to advance the cause of leaders and leadership, this challenging and illuminating book provides: â⬠¢ A proven, four-tiered approach to becoming a more effective leader â⬠¢ Tools for developing coaching, teaching, and mentoring skills â⬠¢ Methods to determine and strengthen effective leadership behaviors Management process is to take care of your business processes in the best possible way to improve performance.The management process involves the formulation of effective management systems right process for their application, have the right people with the right qualifications to manage and continuously improve systems to adapt to changing work environments (Topping, 2001). While it may be true that managers facilitate while leaders initiate, both skills remain valuable in today's workplace. Thus, from Managerial Leadership we find how to combine management and leadership into a dynamic approach for demonstrating effective leadership in any company or industry. Leadership DevelopmentNumerous studies have led to the same conclusion i. e. organizations that invest in leadership development are more effective than organizations that do not. Periods of economic instability only intensifies this effect. The latest study shows that all companies that have successfully gone through times of crisis have a clear strategy for leadership development. Investments, especially in a crisis, not only recovered but also brought profits. Research shows that the companies believe that it is more important to invest in the development of leadership in times of recession.Such companies not only survived but became stronger than their competitors. Studies show that investments in leadership development can: â⬠¢ Improve the financial performance of companies â⬠¢ Contribute to attracting and retaining talent â⬠¢ Stimulate the development and maintenance of culture results (performance culture) â⬠¢ Increase the agility of organizations (Topping, 2001). Effective Management Process management can effectively transform your business from failure to success in a short time.This means that you make good use of available resources in the organization such as money, personnel and facilities such as offices, equipment and tools and modern technology to achieve the objectives of the organization. Knowledge is also something very important for an organization and must be well managed through effective process management. Effective pro cess management will manifest through a business has improved, increased profits, satisfied customers, motivated employees, willing to go extra miles and improve their skills and a new workplace business (Allio, 2005).Thus, important features to be identified are as under: Instruments to ensure effective management Protected areas are instruments to achieve the objectives of nature conservation. As such instruments require human, material and financial resources, and procedures to achieve their goals. To improve the means and processes to achieve effective management, will develop six lines of work. Adequacy of management structures Success in meeting the objectives for declaring protected areas depends on many factors, some internal systems themselves nature conservation and many other external.The adequacy of the management structures of the areas and systems of protected areas is the basis for effectively achieving its goals. Quality Management for Conservation The nature conserv ation is a priority of the protected natural areas. As the active management progresses, it becomes necessary to develop tools to improve information sharing, standardize procedures, and evaluate the effectiveness of actions. Quality management of public use and tourism Progress has been made n improving the quality of public use and tourism in protected areas (two good examples are the Q for quality of services offered to visitors, and the European Charter for Sustainable Tourism as a joint project between managers and tourism professionals). There are several manuals to guide and establish benchmarks for the management of public use. It is time to consolidate and improve where necessary, the quality of these services (Topping, 2001). Quality management for economic developmentThe integration of socio-economic development objectives of protected areas has progressed over the years through the implementation of development plans and implementation of initiatives with the business o f the territory as marks of quality products and services associated to the parks. According to Peter, the laws of rural development and biodiversity provide a favorable scenario to promote good development practices in terms of sustainability. Evaluation of Management EffectivenessProtected areas are incorporating monitoring as an essential part of evaluating the effectiveness of management and the systematic collection of information and outreach through management reports. Leadership and Management Leadership as a concept in its broadest sense refers in essence to the one that brought forward the fundamental in the governance process and then, there is overlap between the concept of leadership and management. Thus, as the first is one of the components of the administrative process as several other elements of which (organization, planning, implementation and monitoring and follow-up).They also overlaps the other hand, comes in the context of the similarity in performance since b oth of them refers to the organization of group activity to achieve certain goals, as well as from that, the success of management is linked to a large extent the nature of leadership so the need for management capacity and presidents of qualified people with learning and creativity does not almost equivalent (Topping, 2001). The relationship management leadership management is not one year to the private, but it lies in the nature of each of the term management refers more to the policies, procedures and organizational tructure of any aspects of the technical and organizational while the driving means in particular profile of any humanitarian and short, that the administration is broader than leadership that is driving to one of the functions and tasks of management Developing Talent According to Peter, talent is now considered a competitive advantage: it is what differentiates successful companies from the rest. The task then is to identify: What is the talent of their workers? Ta lent is an asset to be managed effectively if you want to succeed in the market and also remain in the right place at the right time (Buus, 2005).While it is intangible, this is achieved by workers' performance and superior results that some of them, with great effort, manage to achieve. Talent is a strategic asset (scarce, valuable and unique) to be managed appropriately in the context of corporate strategy. Organizations can develop talent through: â⬠¢ Design jobs, positions and business roles from the competencies and skills that are required in order to get the most out of it. â⬠¢ Focus on developing leadership talent â⬠¢ Motivate employees constantly Train your employees on the latest techniques, technologies and working methods â⬠¢ Place employees in working jobs suited to their skills and competencies (Allio, pp: 1071-7). These practices are an outstanding for the leadership growth and can be used in leadership growth programs in various organizations. The abi lity of leaders is becoming scarce therefore; developing individuals internally is becoming more and more significant (Allio, 2005). According to Peter, there are many leadership practices that work as guidelines and can be incorporated in an organization to achieve success.Some of them include: Strong executive engagement, tailored leadership competencies, alignment with business strategy, target all levels of leadership, apply a comprehensive and ongoing approach and integrate with talent management (Topping, 2001). Other than these practices a leader may establish his own practices that may help him in achieving organizational goals. Conclusion Leadership growth is best planned and enforced when it takes place as a procedure implanted inside the organizational policy.This has significances for both the invention of ââ¬Å"plansâ⬠and ââ¬Å"proceduresâ⬠(i. e. , numerous stages, numerous learning skills, constantly retreating to the requirements of the business). A lead er is not born overnight. Often it takes time for an individual to become a leader, and even after evolving a leader there is more to learn in alignment to become a productive leader. Leading by example is a mighty procedure. Leaders must possess the qualities they are seeking to incorporate into their team (Topping, 2001).Rather than understanding leadership as a position or an inherent trait, leadership is understood as an activity or process that involves the development of certain skills or capacities. While leadership differs in many ways from management, it is imperative that both functions exist and complement one another. Leadership is ultimately what will lead to innovation and positive change, and management assists in this process. To address the complex and adaptive challenges our society is facing today and will face in the future, we must find new ways to view leadership and engage in leadership in our organizations.Thus, through the book ââ¬Å"Managerial Leadershipâ ⬠, one can get the guide, strategies and tools that is required for implementing and cultivating a string and successful leadership organization and therefore, lead to develop oneââ¬â¢s own valuable leadership efficiency and effectiveness (Topping, 2001). References Allen, S. , Hartman, N. (2008), ââ¬Å"Leadership development: an exploration of sources of learningâ⬠, Advanced Management Journal, Vol. 73 No. 1, pp. 10-62. Allio, R. J. (2005), ââ¬Å"Leadership development: teaching versus learningâ⬠, Management Decision, Vol. 3 No. 7/8, pp. 1071-7. Burke, V. , Collins, D. (2005), ââ¬Å"Optimizing the effects of leadership development programmersâ⬠, Management Decision, Vol. 43 No. 7/8, pp. 975-87. Buus, I. (2005), ââ¬Å"The evolution of leadership development: challenges and best practiceâ⬠, Industrial and Commercial Training, Vol. 37 No. 4/5, pp. 185-8. Peter A. Topping, (2001), Managerial Leadership, Publisher: McGraw-Hill; 1 edition (December 26, 2001 ), ISBN-13: 978-0071375238 Yukl, G. A. (2006), Leadership in Organizations, Upper Saddle River, NJ: Prentice-Hall.
Friday, January 3, 2020
Overcome Social Problem Among Youth - 1151 Words
OVERCOME SOCIAL PROBLEM AMONG YOUTHS Malaysia is categorized as third world country and has received rapid growth in socioeconomic and advance technologies. The globalization makes the world become smaller and all the information could be obtained easily by clicking on the computers. World without any barrier allows cultures from other countries influence the Malaysian especially the youths. There are good and bad cultures. The social problems emerged due to bad cultures from other countries. Cultures which we do not feed into our own cultural and religious values. Most young generations cannot identify and analyse what are the good and bad things. It could be eliminate the moral values in each young generation. The social evils that areâ⬠¦show more contentâ⬠¦Officials should increase the mass media sense of accountability, responsibility and their obligation to enforce impartial and noble values such as truth, honesty and so forth. Consumer mass media, especially those who are responsible as parents, teachers, political leaders and administrators should be more wise in the lead, guide, improve rationality, maturity and alertness and ability to choose to broadcast a more useful waching by children or those who are under their care. Mass media can also actually be a vehicle through various channels such as information technology, advanced Internet, multimedia and so on. Last but not least and one of the main thing that can overcome this problem is the function of Religion. If a person obey the commands and needs of their religion they will not necessarily have been running into problems. Religion teaches every single of their people to be a good persons and be great person by obeying His orders and teach moral values to be a kind person and how to live their life. Therefore, loyal order of god can guide mankind to follow the truth, and not to go the wrong way. In other words, a good selection will help prevent social problems in the youths themselves. As a conclusion, social problems can only be solved not just by the person itself its also need the role of others in order to ensure youths to overcome the social problem.Show MoreRelatedOvercome Social Problem Among Youth1157 Words à |à 5 PagesOVERCOME SOCIAL PROBLEM AMONG YOUTHS Malaysia is categorized as third world country and has received rapid growth in socioeconomic and advance technologies. The globalization makes the world become smaller and all the information could be obtained easily by clicking on the computers. World without any barrier allows cultures from other countries influence the Malaysian especially the youths. There are good and bad cultures. The social problems emerged due to bad cultures from other countries.Read MoreThe Education System Of The United States Fair1591 Words à |à 7 Pagesthink that racism and times of inequalities are over and that everyone is now enjoying the same rights and equal opportunities. However, that is not completely true. The education system still affected by the history of segregation. In the article ââ¬Å"Social Justice in hard timesâ⬠,by Sonia Nieto, supports the idea that we are still living under a racist and unequal era. In this article Nieto talks about how many people believes that unequal a nd unfair treatment was over since the civil rights movementRead MoreYouths with Depression1040 Words à |à 5 Pagesand loss of interests (ââ¬Å"A Definition of Depressionâ⬠, 2007, para. 1). Depression is a major problem among youths and the number of occurrences has been growing in recent years. Kuabara, Van Voorhees, Gollan and Alexander (2007) support this claim by citing that youths have the ââ¬Å"highest incidence and cumulative prevalence of depressionâ⬠and further reiterate that ââ¬Å"the risk of depression in this age group [youths] has increased significantly in the last half centuryâ⬠(para. 1). This is based on the evidenceRead MoreSocial Problem Homelessness1065 Words à |à 5 PagesApplication Social Problem Research: Homelessness Homelessness is becoming a major social issue in the United States, with many poor families and young people ending up in the street because of several reasons. This condition is leaving many people helpless in the streets and the number keep on rising on a daily basis. Cities like Detroit and New York are among the most populous with poor families and homeless people, making it important for government and other social agencies to find urgent solutionRead MoreWithout a doubt, professional athletics has a huge role in todayââ¬â¢s society. In the United States,1500 Words à |à 6 Pages Without a doubt, professional athletics has a huge role in todayââ¬â¢s society. In the United States, sports such as Football and Basketball are among the most popular, and have a vast majority of the highest paid athletes in the world. However, the lack of education required by the professional organizations to participate in such high grossing and high paying fields is shocking. Completion of a college degree is not required, and players make a minimum salary of $500,000, which is $100,000 more thanRead MorePersonal Statement : Social Work741 Words à |à 3 PagesStatement I decided to apply to the social work master because I have encountered a lot of different experiences, problems, and achievements over the past four years. Similarly, I have always had a deep desire for helping others in a caring and supportive way. I faced many obstacles through my adolescent years such as: having an eating disorder, self-harm, and depression. After going through therapy, I realized that I wanted to help young people to overcome problems and to be able to help them to moveRead MoreYouth Among The Homeless Essay1118 Words à |à 5 Pagessolutions to such an important social and economic problem. Whether or not anyone wants to support or ignore the issue, it will always be there. However, the youth population is on the rise among the homeless. While the exact number of youth among the homeless is hard to determine, given various information about homelessness available and the age range that is considered youth, a 2012 survey from the Department of Education shows that 52,950 unaccompanied homeless youth were reported through school-basedRead MoreDrug Abuse Among School Students926 Words à |à 4 PagesThe drug abuse among school students is an increasing social phenomenon. This trend has caused widespread concern among parents and educators who feel something should be done to stem the tide of drug abuse. The most popular response to this problem has been to establish some type of Drug Education programs that will inform the youth of the inherent dangers associated with drug consumption. Drug Education can play a counterbalancing role in shaping a normative culture of safety and moderation. HowRead MoreThe Warning Signs and Risk Factors of Teen Depression993 Words à |à 4 Pagesthem without any real issue arising. ââ¬Å"A sudden change in behavior is a main sign of someone being depressed, which could lead to having suicidal thoughts,â⬠stated Pam Farkas, a clinical social worker in California (Aguilar). The warning signs and risk factors of teen depression include behavioral issues, social withdrawal, and inadequate interest in activities, yet the unawareness of these signs do not allow professional medical attention to intercede. Deaths, illnesses, rejection, relationshipRead MoreThe Effects of Homelessness on the Overall Self-Esteem of Homeless Youth1476 Words à |à 6 Pagesstatus as they are invisible, not seen by the general public with their homeless counterparts taking up residence in make-shift housing. Nonetheless, there is a large percent of youth who meet the guidelines for being deemed homeless. The website, findyouthinfo.gov, says the U.S Depar tment of Education defines a homeless youth as one whom: Lacks a fixed, regular, and nighttime residence or an individual who has a primary residence that is a) a supervised or publically operated shelter designed to provide
Thursday, December 26, 2019
Review of Moneyball - 698 Words
Moneyball Introduction Those who follow Major League Baseball closely were aware of the unconventional way the Oakland As went about re-building a ball club into a winner in 2002, after three superstars left the team as free agents en route to multi-million dollar paydays. Indeed, when Jason Giambi, Johnny Damon and Jason Isringhausen the biggest stars on the 2001 team head for the big bucks, general manager Billy Beane figures out a new way to win. This paper reviews the movie and moreover, what Beane did to change the game. How Baseball was Changed to a Degree Anyway It may be a stretch to say Billy Beanes style of management changed baseball, but Beane did and does, off and on, to this day produce competitive teams based on far different values and on less expensive talent than the typical general manager would seek to acquire. First, it should be said that while this is certainly a baseball movie, it is also a story about an iconoclastic executive (Beane) out to prove some of his employees wrong by innovating a radically different style of management. The scouts who were paid to find the best talent out there the players that could hit for high average, could hit home runs, could throw a ball home on the fly from deep in centerfield, could steal bases and make sensational defensive plays were shocked and angered when Beane changed the usual strategies. What Beane was looking for, and continues to seek today as GM of the As, is players that statistics showsShow MoreRelatedMoneyball Review1975 Words à |à 8 Pagesthat the more a team spends on their payroll the more games they will win. With the absence of a salary cap baseball may seam unfair to the smaller market teams who cant bare the salary costs that the larger market teams can. In Michael Lewis Moneyball: The Art of Winning an Unfair Game Lewis depicts just how the Oakland Athletics have been winning in an unfair game for almost a decade. The As are a small market team that doesnt have nearly the amount of money at their disposal that their competitorsRead MoreAnalysis Of Moneyball The Art Of Winning An Unfair Game By Michael Lewis1624 Words à |à 7 Pagescan hold massive budgets and payrolls. During this review, we will discuss and visit aspects of organizational theory such as moral judgment, decision making, risk management, and ethical leadership and how Michael Le wis applied them in his book. I will provide a synopsis of the overall concept of his theory, as well as providing a breakdown of how our concepts of organizational theory relate to this overall process called Moneyball. Summary Moneyball: The Art of Winning an Unfair game by Michael LewisRead MoreCollege Basketball Statistics And Predict The Nba Success Essay1417 Words à |à 6 Pagesincreasingly valuable, a NBA franchise has to come up with a better draft strategy to minimize the possibility of making draft mistakes. In this research paper, I will use draft prospectsââ¬â¢ college statistics to predict their NBA success. Literature review Unlike NBA that is scarce of academic literature support in the field of draft prediction, MLB has extensive researches in predicting playersââ¬â¢ future performance. The test conducted by spur (2002) revealed that the college experience was an undervaluedRead MoreLeadership Charachterstic of Billy Beane3317 Words à |à 14 PagesSt. Francis Xavier University | MONEYBALL | Leadership and Billy Beane | | Brandon Guenette/200905666 | 3/5/2012 | | Introduction Michael Lewisââ¬â¢s Moneyball is a fascinating story about a small group of undervalued professional baseball players and executives who had turned themselves into one of the most successful franchises in Major League Baseball. The underlying question to this story is where the real discussion should begin. That question is: how did one of the poorest teams in baseballRead More Korean Players in Major League Baseball1588 Words à |à 7 Pagesplayers, a Major League team attracts Korean baseball fans and money into their team. Even though those players are talented as they become a major player in the team, the team does not have to pay as much as already famous baseball stars, as a Moneyball strategy. For Korean players, a similar case with Hyun-Jin Ryu cases will be more common in the future rather than Chan-Ho Park or Shin-Soo Chooââ¬â¢s cases. For this 2014 season, a famous Korean pitcher, Suk-Min Yun, signed with the Baltimore OriolesRead MoreBusiness Analytics3015 Words à |à 12 Pagesisnt the only data used. Businesses may also collect scientific data from journals, relevant surveys, pertinent documents, in fact all material that is related to their project at hand or to their own business or data related to that of competitors. Review of the data takes place, strengths and weaknesses are identified,a nd a strategic direction is charted. Clustering The analyst clusters objects or elements into similar groups so that groups are laid out according to categories. This helps patternRead MoreSituational Leadership: Commissioner Adam Silver Impact on the NBA793 Words à |à 3 Pages(2013). Rethinking the extraverted sales ideal: The ambivert advantage. Psychological Science, 24(6), 1024-1030. doi:10.1177/0956797612463706 Kaplan, R. S., Norton, D. P. (1996). Linking the Balanced Scorecard to Strategy. California Management Review, 39(1), 53-79. doi:10.2307/41165876 Lentze, G. (1995). Legal concept of professional sports leagues: The commissioner and an alternative approach from a corporate perspective, The Marquette Sports Law Journal, 6(1), 65-94. Retrieved from http://scholarshipRead MoreThe Performance Of Baseball Data And Analytics2304 Words à |à 10 Pagesbaseball data and analytics, and, more specifically, a large growth of interest in a branch of baseball statistics known as sabermetrics. This branch of statistics has been further spurred on by the publication of Moneyball (Lewis, 2003), and even more so by the movie debut of Moneyball in 2011. Sabermetrics uses baseballââ¬â¢s common statistics and creates a statistic that more efficiently determines the performance of baseball players.However, there is still some skepticism among professionals as toRead MoreEssay Correctional Theory2516 Words à |à 11 Pagesdeterrence effects will be minimized (p. 84). Pratt, Cullen, Blevins, Daigle, and Madensen (2006) completed a summary of all available deterrence literature, which is considered to be the most systematic review in the area of ââ¬Å"perceived deterrenceâ⬠(Cullen Jonson, 2012, p. 84). Although previous reviews had been conducted, they had been done so through qualitative assessments, a process which requires respective authors to make judgment calls, thereby introducing the potential for bias into the researchRead MoreSalary Inequality and Performance in Mlb6435 Words à |à 26 Pages If this study is able to show that salary inequality has an injurious effect on team performance in MLB, General Managers should work on lowering team payroll inequality in order to promote team chemistry. The remainder of this paper will review past relevant studies to give perspective, explain the theoretical model, define and give expected signs to the variables, explain the data, and analyze the regression results. Past Research:à Mark Foley and Fred Smith of Davidson College did
Wednesday, December 18, 2019
Financial Ratios Serve An Analytical Purpose - 706 Words
Each of these financial ratios serve an analytical purpose to the financials of a company. The current ratio measures a companyââ¬â¢s ability to pay off their obligations. This includes long term and short term. The acid test ratio is an indicator of whether a company has enough short term assets to cover its immediate liabilities. Times interest earned is a ratio that measures a companyââ¬â¢s ability to meet all of its debt obligations. Profit margin is expressed as a percentage and measures how much of each dollar of a sales a company will keep in their earnings. Total asset turnover is a ratio that measures the efficiency of the use of resources within a company. It measures the ability to generate sales through the use of the companyââ¬â¢s assets. Inventory turnover is a ratio to measure how quickly a companyââ¬â¢s inventory is sold. It also measures how effectively investing into inventory is used within the company. Inventory turnover helps figure out if obsolete in ventory is present or if pricing problems exist. Investors can learn about RNAââ¬â¢s financial stability and operating efficiency with the help of these financial ratios. With the use of the current ratio, investors can see that RNAââ¬â¢s has been declining for the past three years. It went from 1.62 to 1.57. Although these numbers are below the industry average for current ratio, the declining numbers is not yet a major concern for the company. This does not mean that the company should not keep an eye on it though. This isShow MoreRelatedAnalytical Procedures ââ¬â a Powerful Tool for Auditors by David Chow1552 Words à |à 7 PagesZone Analytical Procedures ââ¬â A Powerful Tool for Auditors (Relevant to Paper 8 ââ¬â Principles of Auditing and Management Information Systems) David Chow FCCA, FCPA, CPA (Practising) Audit tests Auditors normally carry out the following types of audit tests to determine whether financial statements are fairly stated: (i) procedures to obtain an understanding of internal control (ii) tests of controls (iii) substantive tests: â⬠¢ substantive tests of transactions; â⬠¢ analytical procedures;Read MoreSources Of Information That Capital Providers Use For Making Investment Decisions1589 Words à |à 7 Pagesââ¬Å"increasing complexity and volume of financial statement dataâ⬠. Financial analysts and potential investors use various analytical techniques to make sense of a companyââ¬â¢s financial statements to assess an investments potential. In this essay I will look at the various sources of information that capital providers use in making investment decisions, as well as, the analytical techniques used to make sense of this information. The Users of Financial Statements The financial statements presented within a companyââ¬â¢sRead MoreWal Mart Is A Public Corporation1300 Words à |à 6 Pagesincome of $64,000, while Walmart shoppers average between $30,000 and $60,000, according to a CBS News report. Key financial ratios for retailers focus on aspects of income, liquidity and profitability. It is crucial for retail stores to consider key financial ratios, however, is just the starting point. Once calculated, the comparison of these ratios to industry standards would serve as targets to improve and review their own performance over time. Through comparison and trend analysis, managersRead MoreFinancial Statements: Industry Comparison1557 Words à |à 7 PagesFinancial Statements: Industry Comparison University of Phoenix BSA 500: Business Systems I Instructor: May 28, 2007 Financial Statements: Industry Comparison More often managers are exposed to financial data and the need exists to develop knowledge and understanding of financial accounting concepts and principals. Nearly all companies prepare financial statements of some type and the complexity of those statements will vary. The analysis and interpretations of financial statementsRead MoreEssay about Case 1.12:Madoff Securities1263 Words à |à 6 Pagesprocedures should the investment firmââ¬â¢s independent auditors has applied to those assets? 3. Describe the nature and purpose of a ââ¬Å"peer review.â⬠Would peer reviews of Friehling Horowitz have likely resulted in the discovery of the Madoff fraud? Why or why not? 4. Professional auditing standards discuss the three key ââ¬Å"conditionsâ⬠that are typically present when a financial fraud occurs and identify a lengthy list of ââ¬Å"fraud risk factors.â⬠Briefly explain the difference between a fraud ââ¬Å"conditionâ⬠Read MoreAudit and Assurnace 5th Edition Solutions Essay11586 Words à |à 47 Pagesbeginning an engagement. | 1, 2, 3, 4 | 53, 54, 55, 62, 66 | 2. Identify the procedures and sources of information auditors can use to obtain knowledge of a clientââ¬â¢s business and industry. | 5, 6, 7, 8, 9 | 52, 56, 59, 65 | 3. Perform analytical procedures to identify potential problems. | 10, 11, 12, 13, 14, 15 | 47, 48, 49, 51, 58, 63, 64 | 4. List and discuss matters of planning auditors should consider for clients who use computers and describe how a computer can be used as anRead MoreOperations Management in Tesco5444 Words à |à 22 PagesPART A: Managing Finance Financial management is a very important component of the operation management at a company. 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MOSHIUR RAHMAN MBA from Cardiff Metropolitan University, UK Uploaded on: 02/06/2013 Abstract The assignment on financial performance management has been done based on the information and requirements of course outlines. The contents cover the important information about the financial sourcing and risk management that measures financial performance of an organization. Here it is given that liquidity and stability are central
Tuesday, December 10, 2019
7-Eleven Scandal Analysis Click Now To Get Free Solution
Question: Discuss about the 7-Eleven Scandal Analysis. Answer: Introduction The present assignment aims to evaluate and examine the scandal of 7-Eleven in which franchisee underpay their employees in Australia. It includes background, structure, problems and detailed analysis of the allegations made against the company of employee underpayment. Background Structure of Organization 7-Eleven Inc. is an international chain of convenience stores operating in approximately about 18 different countries. The company franchises and licenses about 55,000 stores worldwide and was recognized by the name of The Southland Corporation till the year 1999 The company is known to be the largest operator and franchisor of convenience stores internationally (7Eleven Profile, 2016). 7-Eleven Stores Pty Ltd, has become first choice of Australia in convenience stores. It is private owned company and has obtained franchise of 7-Eleven stores from the US based 7-Eleven Inc (About 7-Eleven Convenience Stores, 2016). Problems Issues 7-Eleven scandal occurred in the franchise convenience stores of Australia which highlighted the unethical practices prevalent in the company. The employees were underpaid and also get threatening from the senior management of the company if they raise their voices against their exploitation. The cash-back scheme of the franchisee forces the employees to pay back their wages (Karp, 2016). The employees were also enforced to stay in the office and work for late night hours. The employees of the company were mainly international students and accordance to their visa can work only for a time period of 20 hours to complete a given work. These students were threatened by the franchisees of breaking the visa regulations if they complain to Fair Work Australia about being underpaid (7-Eleven Scandal an Ethical Failure of Leadership, 2013). The employees were told that they would have to prove their underpayment in the court. The employees who were mainly international students believed in t hem due to lack of knowledge. Also, there were evidences of physical violence with the students and threatening made to their families overseas by the franchisee (Karp, 2016). The main reason for the occurrence of 7-Eleven scandal was unlawful conduct from the franchisee. According to FWOs report, the main factors responsible for the misconduct in the franchisee was absence of auditing and monitoring by the franchisor. The head office of franchise convenience stores in Australia does not pay any attention to employee complaints (Stricter laws for franchisors? Responses to the 7-eleven wage scandal, 2016). The employees working in the franchisees were mainly international students who were threatened and as such were afraid of reporting the misconduct by their employers (Marginson et al., 2010). These all factors were responsible for the underpayment scandal of 7-Eleven. Analysis The Fair Work Ombudsman of Australia after the occurrence of employee underpayment scandal in 7-Eleven has scrutinized the duties of franchisors towards the franchisees. However, according to a franchisee agreement, franchisors and its franchisees are individual parties who are not connected with each other. Franchisors only provide their business model to the franchisee for carrying out its operational activities. Thus, as per the Franchising Code of Conduct, franchisors do not own any responsibility for the franchisees actions towards their employees (Rouse McKavanagh, 2016). The scandal of 7-Eleven has highlighted the importance of introducing changes in the present Franchising code of Conduct so that all franchisees carry out their business in an ethical manner. The franchisors should own a control over the business processes and procedures of the franchisee to restrict them for indulging in any type of unethical practices (7- Eleven, wages and the Franchise Code: The story so f ar, 2016) This can be done by conducting audit of the franchisees on a continuous basis to govern their organizational behavior. The auditing of franchisees on a regular manner would help in the identification of unethical practices prevalent in the organization. Also, strict employment laws should be enforced on the franchisee and also they should be made aware of the serious actions that can be taken against them in case of non-compliance with these laws (Rouse McKavanagh, 2016). The franchisors on identification of misconduct from their franchisee should terminate the franchisee agreement. The Labor Party of Australia are emphasizing on reforming the workplace laws for ensuring employees protection after the occurrence of 7-Eleven scandal. In this context, it is becoming highly important for the franchisors to analyze and examine the legal action that can be taken against them in case of unlawful practices inculcated by their franchisees (Stricter laws for franchisors? Responses to the 7-e leven wage scandal, 2016). As per the recent Coalition laws, franchisors are entrusted with huge responsibility of controlling and reviewing the franchisee business practices in order to ensure that they are in compliance with the workplace laws. The franchisee agreement should clearly state the duties and obligations of the franchisor and the franchisee in order to abide by the recent workplace laws. The disclosure of employee wages should be properly drafted and provided to the franchisee before entering into the franchisee agreement to avoid any discrepancy in future (Stricter laws for franchisors? Responses to the 7-eleven wage scandal, 2016). There was no monitoring and reviewing of employment reports by the franchisor in case of 7-Eleven scandal. This encouraged the employers of the company to underpay their employees and lead to their exploitation. Thus, franchisors should continually monitor and review the wages reports of the employees for ensuring that they are not underpaid. Also, franchisors must d esign a proper communication flow so that employees of the franchisees are able to reach the head office to report any type of issues faced by them. The franchisor should introduce necessary changes in the business structure of the franchisees on the identification of any type of problems encountered by them to pay out the employee wages (Rouse McKavanagh, 2016). Thus, the occurrence of 7-Eleven scandal has emphasized on the need of adoption of a proper regulatory framework to govern a franchisee agreement. The brand image of 7-Eleven Inc was negatively impacted by the employee underpayment fraud and it has to also provide compensation to the underpaid employees. The changes introduced in the Franchising Code of Conduct would also ensure the protection of good will of franchisors in a franchisee agreement. Conclusion Thus, it can be stated after the analysis of 7-Eleven scandal that an organization should carry out its business ethically. The presence of Law of Conduct is necessary in each and every organization to govern its organizational behavior. References 7- Eleven, wages and the Franchise Code: The story so far. (2016). Retrieved August 12, 2016, from https://www.nra.net.au/7-eleven-wages-franchise-code-story-far/ 7Eleven Profile. (2016). Retrieved August 12, 2016, from https://corp.7-eleven.com/corp/7-eleven-profile 7-Eleven Scandal an Ethical Failure of Leadership. (2013). Retrieved August 12, 2016, from https://planforpersonalsuccess.com/7-eleven-unethical/ About 7-Eleven Convenience Stores. (2016). Retrieved August 12, 2016, from https://www.7eleven.com.au/about-us Karp, P. (2016). 7-Eleven workers beaten and forced to pay back wages, Senate inquiry hears. Retrieved August 12, 2016, from https://www.theguardian.com/australia-news/2016/feb/05/7-eleven-workers-beaten-and-forced-to-pay-back-wages-senate-inquiry-hears Marginson, S. et al. (2010). International Student Security. Cambridge University Press. Rouse, P. McKavanagh, L. (2016). What the 7-Eleven Scandal means for Franchisees in Australia. Retrieved August 12, 2016, from https://rouselawyers.com.au/what-the-7-eleven-scandal-means-for-franchisees-in-australia/ Stricter laws for franchisors? Responses to the 7-eleven wage scandal. (2016). Retrieved August 12, 2016, from https://www.corrs.com.au/publications/corrs-in-brief/stricter-laws-for-franchisors-responses-to-the-7-eleven-wage-scandal/
Monday, December 2, 2019
Status Of Blacks In The Unites States Essays -
Status Of Blacks In The Unites States Less than Equal The initial Status of Blacks in the Unites States Chanel Frampton Government Period 3 December 18, 2000 Less than Equal The initial status of blacks in the United States ?For much of black America life seems suspended. In the bleakness of filth and of the inner cities our people go through motions of living. On the street corners jobless men still wait, among the garbage and rats children still play. There are some features to the scene City blocks are ravaged by the riot, the bums and blocked buildings, the empty lots still stand like silent witnesses to their futile anger?(Lusane C ,1994, p.135). Historically African American have endured a large amount of economic distress. Exploitation for labor for 400 years brought about turmoil. There was no land for the black people. They were not allowed voting privileges now nor then. There was a lot mind manipulation that took place. Lack of self worth was one of their main concerns. The slave owners made divisions between the black people by favoring light over dark blacks put a wedge between the African community as a whole. Black people were also ousted from the community due to their dark skin and discrimination towards them. ?Black people are weakened by their own distrust and jealousies of each other by our factionalism and feuding(Natanson ,1992, p. 56). Black people today are no better politically, economicly, or socially than they were before despite the numerous efforts that they have made. Problems with social equity existed in the preceding years with African American. More than two blacks were prohibited to congregate at on time because there were laws that hindered it. Also there were Jim Crow laws that were very oppressive to the African American community. Rejection from bathrooms and drinking fountains and restaurants forced blacks to segregate from the community. Schools were also segregated but not equal. This was said to be unconstitutional in the Brown vs Board trial. In the 1960s, African American demanded their own school boards with the power to hire and fire principles and teachers and to construct a curriculum that would be relevant to the special needs and culture of the ghetto youth. This would allow blacks to have a say in the curriculum that was being taught to the children. Police brutality is another main concern in the community. There has been a growing recognition that the law enforcement is particularly crucial in maintaining the status of blac ks in America. Police include the highest proportion of individual racists. In the 1960's African Americans were hosed when protesting the injustices of society. Their demands and peaceful marches were looked upon as uprisings against the government and the police arrested them and used the water hose to stop their cause. Furthermore, a political set back to the African Americans was the grandfather clause that prevented any male whose grandfather could not vote, not to vote either.. Money and ownership of property was the economic tool that allowed for political status ;yet the blacks were neglected the right to own or buy anything thus meaning their voice was nonexistent. Also the government intimidation with strong black political leaders forced them to kill the people that blacks looked up to and respected. Dr King believed that the issue of war and justice are not separate and that we must fight against both. ? For the struggle we rage is not of race alone but of human justice, and we cannot solve the issue of race without dealing with the issue of justice? (Swain C, 1995 ,p 257). Martin Luther King became the example for blacks to watch. He advocated peace and unity yet his beliefs were too much for people to accept. Malcolm X on the other was an extremist he believed in taking action getting re venge on the people who hurt African Americans. His forceful and radical methods were the cause of his assignation. The southern based nonviolent civil right movement died a victim of the US racism which sparked the first urban rebellions in the northern black ghettoes. In present day America the social barriers still exist for many African Americans. African Americans are denied from jobs that they are truly qualified
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