Tuesday, December 24, 2019
Symbolism Of A Doll House By Henrik Ibsen - 974 Words
Symbolism In literature, symbolism is an essential tool that many writers use to enhance their stories. Symbols are often used to provide a deeper meaning to their writing. In Henrik Ibsenââ¬â¢s play ââ¬Å"A Doll House,â⬠Nora Helmer is a housewife that borrows a large sum of money in order to save her husbandââ¬â¢s life. She never tells him of the loan, and as a result she must secretly pay it back. When Torvald is appointed as bank director, Nora sees this as an opportunity to pay back the loan faster. Unfortunately, Torvaldââ¬â¢s first act as bank director is to fire Nils Krogstad, whose reputation has been tarnished for forging a signature on a document. Unbeknownst to Torvald, the man he is firing is also the man that Nora borrowed money from. Later on, it is revealed that Nora forged her fatherââ¬â¢s signature in order to get the money. Krogstad takes advantage of the situation to get his job back, by threatening to reveal Noraââ¬â¢s crime to her husband. N ora worries because she aware of Torvaldââ¬â¢s strict views on loans. When Nora fails to convince Torvald, Krogstad sends a letter explaining everything. After finding out about Noraââ¬â¢s crime, Torvald is enraged by Noraââ¬â¢s actions even though they were for his sake. Nora finally realizes that her husband is not worth it and she leaves him. Ibsen uses symbolism in the names that Torvald gives Nora, the way he interacts with her, and with some of the objects that Nora interacts with. Firstly, when conversing with Nora, Torvald prefers to dub herShow MoreRelatedSymbolism Of A Doll House By Henrik Ibsen937 Words à |à 4 PagesSymbolism in A Doll House In Henrik Ibsenââ¬â¢s A Doll House, the play is framed around symbolism and its irony. Symbolism throughout the play acts as a subliminal foreshadowing, each individually hinting at the impending end. The irony is continually represented through Ibsenââ¬â¢s play between perception and reality - perception being the evident meaning of each symbol and reality, being the ironic opposite connotation exclusively in Nora and Torvaldââ¬â¢s situation. Symbolism and its ironic opposite connotationRead MoreHenrik Ibsenââ¬â¢s Symbolism in A Doll House695 Words à |à 3 PagesA Doll House was written in 1879 by playwright Henrik Ibsen. Ibsen is known as the creator of modern realistic style drama. The play tells the story of a nineteenth century woman who breaks the chains of society that decide her role in life so that she can find herself. The woman, Nora, lives a relaxed and seemingly untroubled life until her husband Torvald Helmer becomes sick. She then must forge her fatherââ¬â¢s name on a contract that would allow her to borrow enough money from a lawyer named NilsRead MoreAnalysis Of Henrik Ibsen s A Doll s House 1381 Words à |à 6 PagesMay 2017 The Role of Symbolism in Noraââ¬â¢s Transformation from Repression to Liberation in A Dollââ¬â¢s House The play in prose A Dollââ¬â¢s House is written by Henrik Ibsen, and set in Norway in 1879. By inserting symbols into the storyline, Henrik Ibsen reveals the theme of female submissiveness and male superiority during the 19th century and highlights character revelation in the play, namely through Noraââ¬â¢s transformation from being repressed to being liberated. Ibsen includes a variety ofRead MoreHenrik Ibsenââ¬â¢s A Dollââ¬â¢s House Essay example1182 Words à |à 5 Pagesoppositions in a work of literature, is present in Henrik Ibsenââ¬â¢s 1879 Norwegian play A Dollââ¬â¢s House. The title itself suggests a misogynist view, while the work mainly consists of feminist ideology, as Ibsen was a supporter of the female as an independent, rather than a dependent on a male. Nora knew herself that her husband did not fully respect her, and this became a major conflict in the play as Nora progressively became more self-reliant in the play. Ibsen created Nora to give an example for all womenRead MoreCritical Analysis of a Doll House1250 Words à |à 5 PagesA Critical Analysis of A Doll House By Henrik Ibsen Henrik Ibsen s background provided him the insight to write the play A Doll House. In Britannica Biographies, Ibsen s father lost his business and the family s financial stability when Ibsen was a young child. Because of the family s financial misfortunes, at the age of 15, Ibsen was forced to leave home and venture out on his own. He supported himself meagerly as an apothecary s apprentice and studied at night to prepare for universityRead MoreRights of Women in the Nineteenth Century and in Henrik Ibsenââ¬â¢s A Dollââ¬â¢s House1103 Words à |à 5 PagesHenrik Ibsen, who was born in Norway but made his name internationally, was a painter as well as the one of most famous playwrights during the period of Realism. Ibsenââ¬â¢s plays are well-known by the themes of domestic and political issues and conflict in nineteenth century. Scholars call it ââ¬Å"Ibsenââ¬â¢s problems playâ⬠(Henrik Ibsen, 650). In addition, in Ibsenââ¬â¢s plays, the general topics that are usually discussed are hypocrisy of the society, restriction of women, and the self-sacrifice. Under theRead More The Practices of Dr. Rank in A Dolls House Essay examples1739 Words à |à 7 PagesThe Practices of Dr. Rank à In the play A Doll House, by Henrik Ibsen, the convention of marriage is examined and questioned for its lack of honesty. The play is set in the late 1800s, which provides the backdrop for the debate about roles of people in society. Ibsen uses the minor character, Dr. Rank, to help develop the theme of conflicts within society. This, in turn, creates connections with the plot. Dr. Ranks function in the play is to foreshadow, symbolize, and reflect upon theRead MoreA Doll s House By Henrik Ibsen869 Words à |à 4 PagesA Dollââ¬â¢s House was written in 1879 by Henrik Ibsen. The play takes place in a suburban Europe surrounding a middle-class family. Nora, the female protagonist is quite different from the social norms portrayed during this time period. The play focuses on the controversial topic of the change in social norms. Throughout the play, Ibsen utilizes theme, characterization, and symbolism to explain the injustices of inequality faced by women in Europe as well as countries. A Dollââ¬â¢s House took place inRead MoreA Doll House By Henrik Ibsen901 Words à |à 4 PagesA Doll House The play A Doll House written by Henrik Ibsen has strong symbolisms such as the doll house, Christmas tree, macaroons, and New Yearââ¬â¢s day that help outline the theme. The author uses symbolisms to pull his audience in and allow them to feel the full effect of inequality and emotional abuse men gave women in the year of 1879, when Ibsen wrote this play. The first symbolism in this play is the Christmas tree which represents Noraââ¬â¢s inner state of mind. In Act 2 the stage directions describeRead MoreA Doll House by Henrik Ibsen564 Words à |à 2 Pagesââ¬Å"Forgery. Do you have any idea what that meansâ⬠(1745), Torvald questions his wife Nora in Henrik Ibsenââ¬â¢s A Doll House (1879). In this play, Henrik Ibsen features individuals struggling for an authentic identity. The story focuses on an unspoken matter. Nora Helmer secretly borrowed a large sum of money for the sake of her husbandââ¬â¢s, Torvald Helmerââ¬â¢s, life. Nora has never revealed the loan to Torvald and has been privately paying it off with her household allowance. When Torvald is appointed as bank
Monday, December 16, 2019
Teaching and Coaching Free Essays
The teaching-coaching function of the domains of nursing practice is a very important aspect that nurses must practice to be effective. We learn many things from textbooks, clinical environments and job placements; but I think some of the most valuable lessons and skills that I have learned were from my fellow nurses and other healthcare providers while on the job. I work with adolescents on a daily basis that are cognitively impaired that need to be taught many life skills. We will write a custom essay sample on Teaching and Coaching or any similar topic only for you Order Now The competencies that I want to emphasize in my post are the first that is listed which is; ââ¬Å"Timing: Capturing a Patientââ¬â¢s Readiness to Learnâ⬠. This one particular patient that was on my unit was a 14 year old male that was being resistant to the teaching of proper use of his metered dose inhaler. The patient did not want to accept the fact that he had asthma. He stated that the only reason that he has shortness of breath was, ââ¬Å"because I smoke too many cigarettesâ⬠. I recognized that the patient just simply wasnââ¬â¢t ready to learn at this time. Assessing where a patient is, how open he is to information, deciding when to go ahead even when the patient does not appear ready, are key aspects of effective patient teachingâ⬠(Benner, 2001). So I waited a few hours later and gathered some information about asthma and the benefits of using the inhaler. After hours upon hours of speaking with the patient, he was finally able to realize that the inhale r would give him a better quality of life when used correctly. This was about a month ago, and the patient is now using the inhaler as needed, the correct way. This may seem like a small achievement to some, but I felt very complete when I went home that night after speaking with this patient. Thank you for reading my post, I look forward to reading your feedback. James 5:15 ââ¬â And the prayer of faith shall save the sick, and the Lord shall raise him up; and if he have committed sins, they shall be forgiven him. Reference Benner, P. (2001). From Novice to Expert: Excellence and Power in Clinical Nursing Practice. Upper Saddle River: Prentice Hall. How to cite Teaching and Coaching, Papers
Sunday, December 8, 2019
Just-in-Time Inventory Management free essay sample
Just-in-Time is an inventory management philosophy that aims to reduce inventories by implementing systems and processes to supply a product or service exactly when it is needed, and how it is needed in the production process. The concept of JIT is widely accepted today by many American manufacturing companies, and it is a means of controlling costs through striving to maintain lean inventoriesââ¬âin fact, the concept of JIT was introduced in the early 1980ââ¬â¢s to the U. S. as a concept know as ââ¬Å"zero inventoriesâ⬠. This inventory control concept involves close relationships with vendors or suppliers, who are able to provide components of the product direct to the work-in-process area, in a ââ¬Å"pullâ⬠type fashion, whereby the components are delivered immediately before they are required. Since the introduction of the JIT concept, it has evolved to become a management philosophy that requires a corporate-wide commitment to do a process right the first time, and to reduce non-value added activities in the manufacturing process. Because the concept largely centers on this element of focusing on the elimination of waste in the manufacturing process, the JIT concept emphasizes the need for the supplier and the receiver of goods to never have to wait on the other. Ideally, the concept is beneficial to both supplier and manufacturer in this way, because it allows both companies to reduce their Work In Process (WIP) and finished goods inventory, while reducing inefficiencies and bottlenecks in the systemââ¬âthus cutting costs and improving profitability. The first article pertaining to JIT discusses practical application of JIT methods in the health care industry, titled ââ¬Å"Applying Just-In-Time Systems in Health Careâ⬠, from the magazine, IIE Solutions. The article describes the opportunities that exist in health care organizations in general, to implement JIT type practices to help improve profitability and work flow. In general, the opportunities that exist for a service organization to implement a JIT strategy involve an approach that breaks down specific services into ââ¬Å"manufacturing likeâ⬠processes. There are many opportunities in service organizations to apply JIT concepts, but the health care organizations that are best suited for JIT management or those companies that have operations that are repetitive and reasonably high volume dealing in tangible assets. According to the article, examples of JIT opportunities in health care include: central supply warehouses, materials management and pharmacies, and nursing staff scheduling. The most obvious candidate of these for opportunities to apply JIT management to is the area of materials management and pharmacy, because it clearly involves the flow of material and tangible goods. In order to help maintain low inventories of medical supplies and pharmaceuticals, hospitals use JIT philosophy to reduce their overall number of suppliers, pick suppliers that are consistent and reliable, and close in proximity to the facility. In addition, many hospitals receive material goods six days a week, and develop a ââ¬Å"communityâ⬠strategy whereby hospitals are networked together to share pharmaceuticals with one another, as well as local pharmacies to ensure that they can deliver life saving drugs to their patients, without stocking high inventory levels. Accounting implications of using a JIT system in the health care industry are similar to those in a manufacturing organization. According to this article, manufacturing organizations often use process costing, where unit costs are calculated by dividing production costs of a period by the output of that period. In a process costing system, it is important to have homogenous processes, and while certain business activities in a health care system are similar, the clinical aspect of health care are more unique and therefore a challenge to group into a process costing system. The article concludes with a cautionary perspective on implementing JIT in the health care system. While the fundamental point of any JIT system is to reduce overall cost, in a health care environment (and thus one could infer, in a manufacturing environment), unless the organization can transfer or eliminate costs of operating functions, implementing the JIT program can actually add cost to the bottom line. Considering the fact that the shifting of inventory from the hospital to the supplier is going to raise the supplierââ¬â¢s inventory level, it is reasonable to conclude that the supplier might raise their rates. In addition, if JIT systems are not managed properly, they inherently raise the risk of stock outages of inventoryââ¬âin the health care environment, medical supply outages can be life threatening. The second article discussed is titled, ââ¬Å"Just-In-Time Inventory Management: Implementation of a Successful Programâ⬠, from a 1995 edition of Review of Business. This article describes the basic process of implanting JIT in an organization, and provides an excellent summary of the management philosophy in general, however, it concludes with a similar cautionary note to the first article. To begin, this article discusses the three basic stages of JIT: Kanban systems, Production planning, and Global management philosophy. Each stage is more advanced than the prior, and the article notes that any organization utilizing any of these levels of JIT, describes itself as a JIT based company. The Kanban, derived from the Japanese words kan (card), and ban (signal), is the most basic form of JIT. The Kanban is a materials movement tracking device that serves as a shop floor control tool, allowing the scheduling of inventory movement through the assembly line. The second stage of JIT, production planning, focuses on receiving production materials right when they are needed, which allows the manufacturer to keep only the inventory on hand that is needed for production before the next shipment arrives. This process is driven by having a continuous flow of materials to the factory, and by receiving the materials directly to the work area, it eliminates the double handling that can occur when materials are received to a shipping area, then warehoused, then moved to the production floor. In this form of JIT, lead time from suppliers is dramatically reducedââ¬âsometimes to only hours. Because lead times are reduced, forecasting of materials is less important and it becomes easier to determine what is needed for production each day. One of the key elements of production planning is establishing long term contractual agreements with quality suppliers that can be relied upon to supply high quality materials and eliminate in-house processing. Because it is important to eliminate non-value added activities, it is also critical that the manufacturer implements an in-line quality control process, where every employee is responsible for quality control. According to this article, in the third and most evolved stage of JIT, global management philosophy, the JIT process is embedded throughout the manufacturing environment. It is so effective that inventory tracking is completely eliminated, as the pull system is integrated so well that suppliers react to demand. The embedded JIT philosophy guides facility planning, technology specialization, and resource sharing. The article provides a terrific framework for implementing a JIT strategy, and documents many of the issues that can arise in transitioning to a JIT system, as well as some best practices for overcoming them. First and foremost, it is critical for companies to have a partnership with their suppliers, and realize that it is a two-way street. The company cannot expect the supplier to automatically bear the burden of just shifting the inventory back upstream. A successful JIT program will realize cost savings at the supplier and the purchaser. Communication is key, as it is critical for an open and trusting relationship between suppliers and purchasers. In JIT, the supplier often implements supplier certification programs that help to guarantee quality of product and delivery. This is necessary, as in striving to eliminate wasted cost, the JIT based company trusts the supplier to provide a quality product. Because the number of suppliers is usually reduced through JIT, the impact of poor quality can be dramatic, as it can completely shut down a production line and lead to lost profit opportunity. The article concludes that there is a definitive down side to using JIT, however, if implemented properly, it can significantly impact work in process costs, boost profitability and give a manufacturer a competitive edge. Some of the challenges of JIT included the fact that JIT accounting can be quite difficult because it can be hard to set discrete stocking check points in a system with low in-process inventory, particularly if the manufacturing process is long. In addition, because JIT places such an emphasis on supplier relationships, the company is vulnerable to supplier shut downs. In addition, an example is cited in this article of a company that halted its implementation of JIT because of its impact on the balance sheet. Since JIT causes inventory (which is counted as an asset) to decrease, the companyââ¬â¢s asset-to-debt and asset-to-equity ratios were negatively impacted which was looked at as unfavorable to stock holders and lenders. The third article discussed in this paper is titled ââ¬Å"Just-in-Time Under Fire: The Five Major Constraints Upon JIT Practicesâ⬠, from the Journal of American Academy of Business, Cambridge. Again, this is an article that is critical of JIT, citing that it is appropriate only for limited economic environments, is ineffective in some organizational cultures, is unattainable by many small suppliers, and in practice, it does not truly reduce an organizationââ¬â¢s total costs. It supports this view by describing five major constraints regarding just-in-time philosophy, and supports them with literature and real world examples. The constraints include the following: customer-driven and economic conditions, logistics, organizational culture and conditions, intractable accounting and finance practices, and small supplier difficulties. The customer-driven and economic condition restraint concludes that JIT is difficult to maintain when raw materials prices are experiencing fluctuations. Corporate capital availability and fluctuation is also cited as a deterrent to JIT cost savings. Customer-driven demand fluctuations clearly impact the success of JIT, as the JIT model assumes a relatively consistent demand in the end product. Should demand suddenly decline, a company will have a sudden build up of finished goods inventory, which could negate the savings associated with the JIT implementation. Logistics is the second and the most prominently supported constraint in this article. This is obviously the biggest concern of JIT, because the practice is clearly logistic intensive, as it relies so heavily on the assumption that production materials will be delivered to the right place at the right time. Organizational culture and conditions are cited as the third constraint, both internally and with suppliers. Because JIT can be a major shift in the way a company does business, it may not fit with the corporate culture, or be practical for the type of good being producedââ¬âparticularly for high-end custom type products. Intractable accounting and finance practices are cited as the fourth constraint, which is supported in a similar fashion to the other articles, citing that the lack of variation in in-process inventory make traditional costing methods difficult. In addition, traditional measures of company value such as ROI and quarterly earnings often deter executive commitment to the long term goals of JIT. The fifth constraint that limits the feasibility of JIT is cited as small supplier difficulties.
Saturday, November 30, 2019
Proper Etiquette in the Business setting Essays - Dress Codes
Proper Etiquette in the Business setting Proper Etiquette America is an image driven country. Management is aware of how they and their employees represent that image on behalf of the company. An employee's value to will be largely determined by how successful they are at projecting that image. Business etiquette is concerned with correct behavior and practices according to social convention. In the social realm, there are certain amount of etiquette that needs to be followed when dealing with business partners, co-workers and vendors. This is something that is a must any successful business. Because the office phone is one of the most commonly used pieces o office equipment and the main source of communication between an organization and its customers, it is imperative that you use proper business etiquette. A few tips when answering the office phone; always answer in three rings or less, answer with your name and the name of the company, make business call during regular office hours, and return calls in 24 hours or less. In addition, when using cell phones and pagers, always put them on vibrate so that it will not disturb others in your work area. Emails have become the main source of communication for most organizations today. Know that how you use your e-mail, company e-mail address and employers technology is a serious issue! Sending non-business related e-mails, jokes, forwards or chain letters on company time to friends or coworkers reflects on your lack of professionalism. Be careful who you cc (carbon copy) do not broadcast your every thought to all persons in your organization. When forging new business relationships and solidifying established partnerships, the level of professionalism and courtesy you relay in your business e-mail communications will always gain clients over the competition. Many companies have gone with the idea of shared workspaces. In most situations, it is because of economical reasons. Showing consideration to colleagues in an open plan office will only work if you all adopt a mutual respect for each other. Keep your desk tidy. This is especially important if you are sharing an open plan desk and show courtesy when using any shared spaces. Be careful when having conversations. Dont speak too loudly in shared workspaces. Remembering that not everybody will share exactly the same values as you, adopt a policy of treating people how youd like to be treated yourself. This is an essential benchmark to ensure a harmonious workspace. At first thought, when you hear the term business attire it seems fairly simple. The thoughts of business attire are far from simple. Business attire can be broken down into three very different categories: business formal, business professional, and business casual. Business formal attire is more than your everyday work attire. This category is used for dressy evening events such as awards ceremonies and formal dinners. Men should wear a dark suit with a French cut shirt and silk tie or bowtie. Cufflinks and silk pocket squares that coordinate with the tie are optional accessories. The shoes should be black and also coordinate with the overall appearance of the outfit. Women should wear a conservative dress or suit with a skirt. Women must take care in choosing a dress or suit that conservatively fits his/her body and style. Business professional is considered attire that sets you aside as a professional. For men and women this means a well coordinated suit and accessories. Suits should be a solid or pinstripe dark color complimented with a solid or striped white shirt. Ties are to be silk with a solid color or simple design. All suits should be accompanied by a belt; with a simple buckle; or suspenders. Women should have a simple skirted suit. These suits should be solid, neutral, and low key in color. No matter whether a dress or skirted suits, it should reach at or just below the knee. The accompanying blouse should be simple cotton or silk. The color of the blouse should be a solid color that coordinates with the suit. Makeup and perfume should be very light and subtle. Lastly shoes should be plain, solid and dark in color. Business Casual attire simply means you do not have to wear a suit to work. For
Tuesday, November 26, 2019
Business Management Plan
Business Management Plan General description of the business The business will be structured as a limited liability company. The international hotel business has a lot of potential as more people are moving across borders for leisure, business or tourism purposes. United Arab Emirates (U.A.E) has been categorized as 18th among tourism competitive businesses by the World Economic Forum (WEF).Advertising We will write a custom research paper sample on Business Management Plan specifically for you for only $16.05 $11/page Learn More The UAE is well known for its great shopping facilities, hotels and other tourist destinations. All the year round, tourists and business people flock the UAE to catch a glimpse of the splendid world out there and spend some money too. The hospitality industry in the UAE is experiencing a boom in business as new and returning customers are flocking the local hotels causing an influx of patrons. Travelers, such as tourists are in pursuit of comfort, which th ey are willing and able to part with a fortune, while businessmen are in search of convenience and the business opportunities the region offers. Considering the hospitality industry in the UAE, there is still a lot of potential although the market is quit dominated by established brand names. However, for new entrants into the market there is still a lot of potential. We intend to establish a startup company in Dubai, by the name C-Zones Bar Breakfast. The BB is a charming facility that would be located in a remarkable region recognized as a trendy tourist and traveler target, it is well appropriate for this use. In addition, the locality is recognized for its magnificence and focus of such facilities. Tenancy, income and room rate analysis are confirmed by broad research carried out over a four year period. The analysis consists of certified data and information obtained through countrywide commerce associations and the personal market analysis. Expenditure management procedures h ave also been acknowledged through industry connections. From these connections, the facility will be able to gain from reserves which were not available to a smalltime purchaser. An growth map is also in position that will let the Bed Breakfast to expand its client blend and enhance revenues. The premise has an amazing common lounge where the patrons may hang out, a private garden courtyard, and the adventurer Culinary Centre.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The market Within the hospitality industry, C-Zones will be competing directly with other Bed Breakfast facilities and indirectly with hotels. C-Zones will be targeting three main categories of clientele: the holiday travelers. This category of visitors to the UAE is increasing at 12 percent a year with 14,000 prospective clients. The second category is the business travelers, which is growing at 10 percent with a lot of potential. The last category is the locals. Competitive edge C-Zones has two main cutthroat edges that distinguishes it from the opponents. The first is to provide a first class facility with attention to detail and client service. The employees realize that their mission is to make sure that the clients have the best stay with them and are happy. Their second competitive edge is the uniqueness of the premises whereby, the premises has a wonderful structure that is located in a unique place. Mission The task of C-Zones Bed and Breakfast is to offer an amazing bed and breakfast experience within UAE. We intend to attract and retain customers and get a market niche. Our facility is expected to go beyond the expectations of our clients by providing a contemporary, world class experience, through never-ending commitment to the advancement of our affiliates and products to attain optimum growth and profitability. Company Summary C-Zones is an amazing inn located at Dubai. We are a startup company that will provide several furnished rooms to our clients who are looking for the finest service. All the rooms are individually furnished with antiques and overlooking the townââ¬â¢s splendid scenery. We will offer a full breakfast every morning to our customers at our competitive prices. Ownership The C-Zones Bed Breakfast is owned and managed solely by Jamaal and Aziz. They have renovated an old house that can accommodate 105 visitors at a time. This is a new start-up company for the partners who are equal owners in the business in terms of capital contribution and share of liability. Jamaal and Aziz bought the premises a little over a year ago and have renovated the place to become a wonderful facility. Strategies and objectives The goals ofà C-Zones B B for the firstà three years of existence are: To create a Bed Breakfast whose main objective is to go beyond the clientââ¬â¢s expectations together with the guideline of unprecedented hospitality and service standards. Theà C-Zones B Bà will attract more visitors on a weekly basis at any time of the year. To raise the number of customers by 10 percent every year through deluxe service to 90 percent occupancy in the third year. To create an ongoing concern, which carryââ¬â¢s on off its individual cash flow Create a customer satisfaction rate of over 90 percent. Advertising We will write a custom research paper sample on Business Management Plan specifically for you for only $16.05 $11/page Learn More Strategies According to (Wheelen and Hunger 30-66) strategy for business falls under a hierarchy of three levels, a companyââ¬â¢s most important strategy that determines the overall direction of the organization which are called corporate strategy and can be fulfilled by formulating and implementing business/divisional strategies which occur at the product level and go ahead to give businesses an advantage over others as far as t heir product offering is concerned. Furthermore (Wheelen and Hunger 82) suggest that for business strategies to be successful functional/operational strategies which aim to maximize productivity within various functional areas must be formulated and implemented. Therefore strategies are divided into 3 classes. The top most level of strategy includes corporate strategies which are the overall set of strategies that define the overall direction which a business is to follow. Corporate strategies may consist of growth, stability, or retrenchment strategies. Startup businesses in this case, the hotel, employ a strategy which is known as a stability strategy in its first years of operations, this is because in most cases entrepreneurs who operate start up businesses understand that during the initial year of their businesses they expect to make no profits because of the huge costs that are involved in setting up the businesses. This is therefore why startup businesses employ a stability strategy that intends to take a pause and rest because of the usually large investments that investors might have put in the business. If managers of these businesses do not do so, they may exhaust all resources and end up with no further resources to operate their businesses forcing closure. As time goes on, the hotel can then adopt a pause and precede strategy that is dependent upon the actual situation on the ground. After a period of say 2 years, the hotel may then decide to adapt a growth strategy or settle upon serving a smaller market depending on the situation on the market then. Hotelââ¬â¢s business strategy is a cost leadership model that intends to sell its products at a low price. In order to achieve these corporate strategies, the hotel will be required to put strong policies, programs, budgets and procedures that will go to ensuring production schedules and sales targets are met in time without and delays. Functional strategies intend to foster quality, cost saving, and differentiation.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Tactics that will be used to achieve strategic goals Keeping the Customers is quite important once the hotel acquires a customer, it will be best if it attempts to maintain a relationship between itself and its consumers in order to retain its customers. The company will need a loyal customer base, and the loyal customers are the most important factor of their company. The company has to device some important promotional strategies so that the customers always come back to their concern. These strategies include providing a superior customized service for its products at the cheapest possible prices that is consistent with the specific consumer needs (Case 220-238). Trying to acquire new customer will mean that the hotel will device means to allure new customers and try to retain them as far as possible. These will increase the boundaries of the company in a new level. Furthermore, the hotel will encourage existing consumers by using various techniques to bring in new customers and therefore the importance of maximizing the consumer experience is critical so that consumers will always have something good to say. When consumers use Word of mouth and lure other consumers it is cheaper than using other means of acquiring consumers. Safety is a key concern for consumers and therefore in recent times security has been a very important concern for the individuals who use hotels (Kotler ââ¬ËPrinciples of Marketingââ¬â¢ 20-50). The company therefore, will take strong security policies that will ensure the safety of consumers and their property Trying to acquire new properties by expansion and is a long-term corporate strategy that involves either acquiring and opening up new branches with the aim of serving a larger market in order to increase revenue. It is therefore necessary if the hotel wants to expand to acquire new properties. Keeping an eye on the competitors is a very important tactic that leads to technical excellence especially since every day new orga nizations are entering into the hospitality market with a very huge financial backing. It is therefore necessary to use competitive intelligence to gather useful data that will be used by the hotel to achieve a competitive advantage (Case 210). Promotion is a critical part to a brands success and therefore entrepreneurs and companies should appropriately apply various parts of the promotion mix in order to increase the chances of the product selling in the market. Promotional activities aim to educate, inform, remind, persuade and encourage repeated purchase about products and brands at the end of the day. A good promotional mix should always target the consumers and sellers. Consumer promotional activities encourage consumers to buy more of the product. And therefore consequently the hotel will use advertisements, brochures and direct selling to achieve its objectives and stimulate sales and revenue growth. Liabilities and risks The hospitality industry is faced by many risks. For C-Zones just like any other player, the market is still an open place. Management Team The C-Zones Bed Breakfast can only attain its missions and objectives through the management. Jamaal is an experienced entrepreneur with work on invaluable business experience.à While Aziz has earned his MBA giving him amazing insight and experience directly related to what he is doing now. Theà C-Zones Bed Breakfastà will be able to leverageà its wonderful facility and turn it into a beautiful, deluxe Bed Breakfast catering the entire city.à This will be doneà through the commitment and business skills of the two partners.à It is expected that the Bed Breakfast will be doing so by the third month in operation and will make reasonable returns by the end of year one. Organization Structure Organizational structures trys to explain the relationships between authorities and communication lines in the organizations hotels (Kotler ââ¬ËPrinciples of Marketingââ¬â¢ 20-50). Organ izational structures within companies cause or allow views to be brought forward, or presented as a model to be studied on how those businesses are managed and run. If an organization has a clear framework/structure put in place, it is made very clear within the departments in the organization on who does what and so forth thus leaving no room for sloppy work and blame games erupting due to unfulfilled objectives. Different organizations employ different organizational structures depending on their objectives and what they intend to achieve after a set period of time. These structures may either be flat or tall for example the Hotelââ¬â¢s organizational structure takes a flat format. The organization structure of the hotel is a flat structure that will assign the duties of management between all the partners. It is vital that entrepreneurs closely monitor start-up businesses during their initial years of operation by dedicating a lot of time to oversee their smooth running. There fore all the employees and supervisors will be directly answerable to the partner who is sitting as the managing director. It will therefore be the responsibility of the partners to perform all relevant managerial duties and consult with other partners to make well guided decisions. Personnel plan The final personnel mix will consist of both permanent and part-time employees thus enabling the company save costs. If work and demand for lodging facilities increase according to demand and supply patterns depending on the situation, the company may the make a decision to lay off or employ more part-time workers. The existence of permanent employment contracts goes ahead to instill loyalty amongst employees which can be used to the benefit of for the hotel. Services The C-Zones facility offers three-star lodging on the amazing Dubai coast. We are an all inclusive B B facility with a full complimentary breakfast served every morning. ââ¬Å"Impeccable rooms, each with its own theme are r eady to embrace the individual who is looking for solitude, or the more adventurist person who likes to be active.â⬠We organise trips around the city for those who are interested. Market Analysis Summary The C-Zones B Bà hasà various target groups that it is intending to draw. à The first are the local residents who just want to have a weekend getaway.à Kotler, (141) notes ââ¬Å"they may have activities planned for the weekend on the coastà or just chose to relax in a homely environment. The second category is the travellers and vacationers who choose to stay in Bed Breakfasts instead of a hotel, or onboard their boats.â⬠à While others just want to experienceà a themed weekend.à However, our target customer could include others outside these categories though these are our target groups. Market Segmentation Our clients can be generally grouped into three categories: Weekend getaway customers.à These local residents looking to get away from their l ife so they come toà the C-Zones B Bà to escape. Travelers/vacationers. Experience Executive B B Service.à These people are mostly delighted returning customers who will be looking to experience our deluxe services. Market Analysis Year 1 Year 2 Year 3 Potential Customers Growth Travelers/Vacationers 9% 964,982 1,051,830 1,146,495 Weekend-Getaway Customers 9% 241,245 262,957 286,623 Come to see museum and tour 8% 1,200 1,296 1,400 Want Executive Chef Experience 5% 24,124 25,330 26,597 Total 8.92% 1,231,551 1,341,413 1,461,115 Market analysis Segmentation and market analysis Segmentation is a process by which an organization partitions a market in order to make products that are specifically meant to cater for the needs that are specifically meant for that portion of the market hotels (Kotler ââ¬ËPrinciples of Marketing 82). Companies may either choose to serve the whole market and therefore have a mass market orientation or else decide to serve a given portion of the entire market. It is therefore appropriate to state that the hotel will serve the lower end of the market which consists of individuals who desire to spend less in accommodation and therefore save funds. The hotel will consequently design bed and feeding packages that will match the needs and resource capabilities of clientele who fall within this specific segment. Competition It is highly important that every business operates with a certain degree of competitive advantage. It is also vital that the hotel comes up with an overall competitive strategy that the hotel will pursue in order to compete with other industry participants. According to Michael porters, there are generic competitive strategies that participants within an industry are allowed to pursue. These strategies either concentrate on a narrow or a wider perspective of the total market and at the same time either adopts a low cost strategy or a high differentiation approach (porter 64). The choice of competitive strategies has an impact on the price strategy followed by an organization. Companies who donââ¬â¢t adopt a differentiation approach may at the end of the day adopt a mass market strategy end up pursuing a market penetration strategy which is basically a pricing strategy that aims to sell affordable low priced products to the market. When Companies follow a differentiation strategy they are most likely to adopt a skimming/milking price strategy which involves charging high rates for a product in order to recover extensive funds that may have been involved in the process of product research and development stage of product design. Marketing Research will be gathered continuously and the subsequently obtained Information that will be used in the process decision making and policy selection will be attained from industry research publications and other sources of data. Marketing research firms can be contracted from time to time depending on the actual situatio n to achieve more specific information nevertheless the company can also use its resources to serve the same purpose (Kotler ââ¬ËPrinciples of Marketingââ¬â¢ 222). Diagram 2: A diagram of generic competitive strategies that can be pursued by businesses. Adopted from Wheelen and Hunger strategic management (2002) and business policy printed with permission of Free Press from the Competitive Advantages of Nations by Michael E Porter 1990. The ability to operate on cost leadership is advantageous because it means the hotel will use less capital that is usually high in the case of differentiation, the company will in turn go ahead and offer its products and services at a low price and therefore attract a lot of customers ( Porter 12-23) To further understand forces driving competition within the industry Porterââ¬â¢s model can be used to look at the five forces which shape any industry. These five forces that will determine how well a company can operate in a given environment and be able to satisfy its customers and realize a profit by affecting either the floor or ceiling price for goods and services. The forces in porterââ¬â¢s model include Threat of new entrants Barriers are placed by existing companies and regulatory authorities to prevent new entrants from causing abnormal profit flows for existing companies, some of the threats include government policies, exploiting cost advantages, access to distribution, capital requirements. In this case the hotel industry is known to be very capital-intensive since acquisition property to build hotels is quite expensive. Making this venture of the hotel industry an excellent one is vital since the higher the capital structure of an industry is, the more harder is it for new entrants therefore, companies venturing into this industry can experience some sense of security Intensity of competitive rivalry among existing firms firms within the same industry always compete for the available market this can be th rough powerful competitive strategies, innovation, structure of industry costs, switching costs, degree of product differentiation and so on and therefore the hotel intends to place itself strategically to compete with rivals (Case 11). Threat of substitute products or services-consumers can opt to go for substitute products if quality is better, price is relatively better, or the cost of switching is favorable. The hotel also expects to set strategies that will also compete with any substitute services and products at the same time using its low cost strategy to achieve competitive advantage. The bargaining power of customers-the bargaining power of buyers depends on the number of buyers within the industry who purchase from the available suppliers. The hotel will develop suitable strategies and products that will enable it satisfy consumers while at the same time spend less therefore leaving them feeling as if they have a high bargaining power. The bargaining power of suppliers-Su ppliers who provide raw material can determine the profitability and viability of an industry by setting prices of implements which in turn affect the profit margins (Case 190). Therefore the hotel will devise strategies which will involve multiple sourcing strategies to reduce the barging power of suppliers that may be disadvantageous to the hotel by imposing extravagant expenses. Swot analysis External environment Strategic planning be it short or long term, is done in the light of companyââ¬â¢s strength, weaknesses, opportunities and threats. A companyââ¬â¢s strengths and weaknesses take a critical look into internal factors such as company resources, culture and structure while on the other hand opportunities and threats take a look at a companyââ¬â¢s external environment (Wheelen and Hunger 2002). In business management, external analysis is one of the most important factors of the existence of the company this is because only in the light of what the external environm ent is all about that a company can successfully formulate and pursue strategy. The basic external analysis is an attempt to match an organization with the outside impacts in which the business is situated and how this influences overall strategy. To understand the external analysis on the Hotel International, we have to concentrate on one property of the hotel. Opportunities-The availability of massive tourists and individuals flying into the U.A.E to conduct business is a perfect opportunity that the hotel is expected to pursue and make a profit out of it. Furthermore the economic integration of U.A.E and other countries within Asia is good advantages that can be exploited in the long run to increase and expand the level of business enabling the hotel even go multinational depending on the business environment (Porter 88-120). Threats The increasing level of competition within the Dubai hotel market presents a threat for the hotel. Much bigger and better hotels that have more reso urces may have the ability to imitate and even steal potential clientele. Furthermore, increasing government regulations on the hotel industry is more likely to limit the level of business operations simply because the law has made it clear that there are many compliance rules that the hotel must put in place before operations begin and these compliance regulations may have a quite costly impact on business of the hotel. Internal Environment The internal analysis of a company basically focuses on the strength and weaknesses of the organization itself, and how they impact the total business scenario of the concern and company strategies (Wheelen and Hunger 2002). In this aspect one thing is very important, what can be determined as strength can change into the weakness in another aspect. There are factors like finance, marketing, and the service providing capabilities, the macroeconomic factors, the technological changes and most importantly the different legal matters that come with the maintenance of the properties. Strengths A key strength of the hotel is expected to come from the highly experienced partners who all have had a background in doing business or either the corporate world. The partners are expected to import their wide variety of knowledge and apply it into the hotel to make the hotel business become successful. Furthermore the use of a flat organizational structure means that the managing partner together with other partners will be able to keep a close and keen eye on the business and therefore be part of day to day decision making. This will enable more valid and practical decisions to be made to the advantage of the business (Wheelen Hunger 44). Lastly since the hotel is new it will be much easier and simple for the leadership to mold the most suitable corporate culture into the mindset of their employees. Companies with a good culture are more likely to be effective and highly efficient in the process of service delivery and therefore cons umers of the service may end up being very pleased and highly satisfied (Case 180-188). Weaknesses Constraint financial resource may limit the level of growth that the hotel may intend to achieve during its operations. This is simply because every partner has made it clear that they are willing to operate on a given budget and they are no longer willing to increase the overall capital structure. They instead intend to wait for returns and plough them back into the business. It is this situation that may hinder the hotel from competitively competing with other hotels who are key players within the same segment of the industry. Additionally, lack of previous direct experience by the business partners in the hotel industry may prove as a challenge to the hotel and may at some point present itself as a weakness. Financial analysis Assumptions The business will operate smoothly for the first 3 years. Only 40% of all costs are fixed costs while the rest are variable costs. The business will realize growth in revenues is subsequent years. Table 1: List of total expenses (2010-2013) 2011 $ 2012 $ 2013 $ Rent and lease of property $60,000 $50,000 $50,000 Plant and machinery $60,000 $30,000 $50,000 Advertisements 5,000 4,500 5,000 Promotions and discounts 20,000 8,500 17,500, Training costs 10,000 7,500 7,500 Salaries 20,000 5,500 6,500 Tax 5,000 2,500 3,000 Literature, catalogs and websites 5,000 4,000 5,000 Sponsorship agreements 5,000 5,000 2,000 Administrative costs 10,000 9,500 4,000 Total Sales and Marketing Expenses 200,000 130,000 150,500 Sales Forecast Table 2: Sales Forecast for years (2010-2013) Year 2011 2012 2013 Sales $300,000 $400,200 $500,880 Expense Forecast Expenses will be incurred on labor costs, equipment and departmental costs, as well as advertising and promotional activities. Labor costs for the company are not expected to rise drastically since employees may be re-assigned to operate in the new department. New personnel may be sourced for if need arises. Labor, advertizing and promotional expenditures are estimated to be around 20 percent of the proceeds from the department. Breakeven Table 3: Contribution Margin Forecast (2010-2013) Year 2011 2012 2013 Total Revenue $300,000 $400,200 $500,880 Total Expenses $200,000 $130,050 $150,500 By assuming that 40% of all costs are fixed costs and the rest are variable costs then the breakeven point in dollars using the formula break even=fixed costs/total variable cost/total sales revenue will be Year 1 =$ 133,333 Year2 =$64,621 Year3=$73,415 Pro forma Profit and Loss Statement XYZ Hotel YEAR 1 Year 2 Year 3 TOTAL SALES $300,000 Total sales $ 400,200 Total sales $500,880 Total expenses $80,000 Total expenses $50,050 Total expenses $50,050 Net profit Net profit Net profit $100,000 $270,150 $350,750 NB: When adding up the total expenses it is advisable to subtract any capital expenditures that may have been used to acqui re assets which will be used to realize future benefits for XYZ hotel. Therefore prepaid rent is an asset and so are plant equipment and machinery therefore they will not be included as expenses. Until the end of the financial period falling under year one pre-paid rent will be then entered into financial records as an expense once it has been fully consumed. Pro forma Balance sheet for XYZ Hotel Assets Cash 130,000 Prepaid Rent 60,000 Plant and equipment 60,000 TOTAL Assets 250,000 Liabilities Equity Capital (500 shares @ $50) 250,000 Total Liabilities 250,000 Implementation Milestones The brand management department will constantly evaluate its performance levels, which will be measured in comparison to the anticipated contribution margins in the three years of operations. Implementation will start by setting simple short term goals which by using special tactics which will be incrementally applied in order to achieve, long term objectives of department and the company as a whole. Follow up will be done on a periodical basis so as to make sure that initiatives are complete and targets realized. The plans made should be specific, so that performance can be measurable and realistic enough so that they can be achievable. Once a concrete plan is set upon, milestones will be agreed upon to aid in the implementation process. Therefore key performance indicators such as month to month customer traffic, sales levels and inventory levels, consumer satisfaction reports can be used in the process of changing and altering strategy. Conclusion Businessmen and entrepreneurs can no longer ignore the importance of business planning and strategic planning because they are a key pillar of success for both startup and mature business organizations. It is therefore important to develop plans and ensure that implementation is done within time, furthermore it is important to continuously evaluate progress of business plans and also make strategic adjustments when necessary in ord er to achieve overall organizational objectives. Case, James. Competition: The Birth of a New Science (180-236). New York, NY: Farrar, Straus and Giroux, 2008. Print. Kotler, Philip. Marketing Insights from A to Z: 80 concepts every manager needs to know, New Jersey: John Wiley Sons Inc, 2003. Kotler, Philip. Principles of marketing, (2nd edn), New York: Prentice Hall, 1999. Porter Michael. The Competitive advantage of nations, illustrated edn, Northampton, MA: Free Press, 1990.Print. Wheelen, Thomas. Hunger, David. Strategic management and business policy. New Jersey: Prentice Hall, 2002.
Friday, November 22, 2019
History of the Former Country of Yugoslavia
History of the Former Country of Yugoslavia With the fall of the Austria-Hungary empire at the end of World War I, the victors threw together a new country which was composed of more than twenty ethnic groups Yugoslavia. Just over seventy years later that piecemeal nation disintegrated and war broke out between seven new states. This overview should help clear up some confusion about whats in place of the former Yugoslavia now. Marshal Tito was able to keep Yugoslavia unified from the formation of the country from 1945 until his death in 1980. At the end of World War II, Tito ousted the Soviet Union and was then excommunicated by Josef Stalin. Due to Soviet blockades and sanctions, Yugoslavia began developing trade and diplomatic relationships with western European governments, even though it was a communist country. After the death of Stalin, relations between the USSR and Yugoslavia improved. Following Titos death in 1980, factions in Yugoslavia became agitated and demanded more autonomy. It was the fall of the USSR in 1991 that finally broke up the jigsaw puzzle of a state. About 250,000 were killed by wars and ethnic cleansing in the new countries of the former Yugoslavia.ââ¬â¹ Serbia Austria blamed Serbia for the assassination of Archduke Francis Ferdinand in 1914 which led to the Austrian invasion of Serbia and World War I. Although a rogue state called the Federal Republic of Yugoslavia that was exiled from the United Nations in 1992, Serbia and Montenegro regained recognition on the world stage in 2001 after the arrest of Slobodan Milosevic. In 2003 the country was restructured into a loose federation of two republics called Serbia and Montenegro. Montenegro Following a referendum, in June 2006, Montenegro and Serbia split into two separate independent countries. The creation of Montenegro as an independent country resulted in Serbia losing their access to the Adriatic Sea. Kosovo The former Serbian province of Kosovo lies just south of Serbia. Past confrontations between ethnic Albanians in Kosovo and ethnic Serbs from Serbia drew world attention to the province, which is 80% Albanian. After many years of struggle, Kosovo unilaterally declared independence in February 2008. Unlike Montenegro, not all the countries of the world have accepted the independence of Kosovo, most notably Serbia and Russia. Slovenia Slovenia, the most homogenous and prosperous region of the Former Yugoslavia, was the first to secede. They have their own language, are mostly Roman Catholic, have compulsory education, and a capital city (Ljubljana) which is a primate city. With a current population of approximately two million, Slovenia avoided violence due to their homogeneity. Slovenia joined both NATO and the EU in the spring of 2004. Macedonia Macedonias claim to fame is their rocky relationship with Greece due to the use of the name Macedonia. While Macedonia was admitted to the United Nations, it was admitted under the name of The former Yugoslav Republic of Macedonia because Greece is strongly against the use of the ancient Greek region for any external territory. Of the two million people, about two-thirds are Macedonian and about 27% is Albanian. The capital is Skopje and key products include wheat, corn, tobacco, steel, and iron. Croatia In January 1998, Croatia finally assumed control of their entire territory, some of which had been under the control of Serbs. This also marked the end of a two-year United Nations peacekeeping mission there. Croatias declaration of independence in 1991 caused Serbia to declare war. Croatia is a boomerang-shaped country of four and a half million which has an extensive coastline on the Adriatic Sea, and it almost keeps Bosnia from having any coast at all. The capital of this Roman Catholic state is Zagreb. In 1995, Croatia, Bosnia, and Serbia signed a peace agreement. Bosnia and Herzegovina The virtually landlocked cauldron of conflict of four million inhabitants is composed of about one-half Muslims, one-third Serbs, and just under one-fifth Croats. While the Winter Olympics of 1984 were held in Bosnia-Herzegovinas capital city of Sarajevo, the city and the rest of the country were devastated by war. The mountainous country is trying to rebuild infrastructure since their 1995 peace agreement; they rely on imports for food and materials. Before the war, Bosnia was home to five of Yugoslavias largest corporations. The former Yugoslavia is a dynamic and interesting region of the world which is likely to continue to be the focus of geopolitical struggle and change as the countries work to gain recognition (and membership) in the European Union.
Thursday, November 21, 2019
Do we posses free will and are we ever morally responisble Essay
Do we posses free will and are we ever morally responisble - Essay Example Furthermore, the denial of free will leads to the fact that morality as a science of human responsibility and freedom of ethical choice loses its value. Not having the freedom of will, a person cannot take a free moral choice. Consequently, regardless of human actions including bad ones no one can punish a person because in this case the man is not morally responsible. From my point of view, these two arguments in favor of the existence of free will are sufficiently convincing. Nevertheless, opponents of the idea of free will can bring two rather serious counterarguments that have scientific and ethical character. According to the first scientific counterargument, human free will cannot exist for one simple reason. Every human act can be explained on the basis of the reason, which leads to its implementation. Specialists who deny free will demonstrate that regardless of what people do one can find reasons for their behavior and actions. Not by chance that many philosophers who had the opportunity to conduct scientific studies have concluded that human life, actions, and even thoughts are deterministic, since they have a cause. Therefore, free will cannot exist because determinism defines human life. For example, in addressing the issue of the relationship between free will and determinism, a well-known English philosopher Thomas Hobbes emerged as an opponent of the doctrine of free will (Duncan). Hobbes defined the will as the desire stemming from the preceding act of deliberation. The will is not arbitrary, said Hobbes, thus Hobbes denied any free will. Hobbes consistently and persistently p ursued the idea that the will itself is caused by other factors that do not depend on it. Therefore, all voluntary actions are caused by necessary reasons and are compelled. This logic may seem to be rather convincing and able to justify the denial of the existence of freedom. Nevertheless, if one continues to
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