Main goal of a business organization Essay Example | Topics and Well Written Essays - 500 words

Main goal of a business organization - Essay Example It is recommended that Navigation Systems, Inc. pay up front. It should be noted that the current inflation rate in the European Union where Germany is a part of is in an uptrend. Table 1 shows the inflation rate of EU from 2000 to 2006. The previous year reports an inflation rate of 2.3% which is the highest in the seven-year-period. The introduction of a single denomination in the European Union has been unable to curb the high levels of interest rates. Thus, the company expects that even if the cost of the GPS circuit card is relatively lower priced when it is paid six months before delivery at an inflation rate of less than or equal to 1.4%, this will situation will be impossible given the prevailing inflation rate. Paying up-front will entail the company to pay 1.47 million, lower than the 1.478016 at the cost at an inflation rate of 2.4% which expected by the IMF for 2007.

The Theory of Intelligent Design (ID) Research Paper

The Theory of Intelligent Design (ID) - Research Paper Example Scientists seek to find objects which have the same types of informational properties portraying the work of one creator, the intelligent designer. Intelligent design relies on these scientific methods to detect design in irreducibly complex biological structures by examining the complex and specified information contained in DNA. The theory of Intelligent Design argues that life and everything of nature in the universe was designed by an anonymous intelligent mind (House 17). However, proponents of this theory have been unable to disclose or prove the existence of the purported intelligent mind, leaving the burden of proof to scientists and theologians. According to House (17), evidence that the proponents of ID theory display is derived from their understanding of cosmology and Molecular Biology. As part of the argument, ID theorists used kidney as an example by claiming that the organ was intelligently designed to perform its functions and that it exhibits irreducible complexity. The proponents of the theory further direct their arguments to the bacterium flagellum, which they purport to have been intelligently designed to an extent that any detachment can lead to entire mechanical failure. House (58) demonstrates that the oddly shaped stone discovered by archeologists was an intelligent design that should have been used as a tool for digging. In order to strengthen the ID theory, Behe, a proponent of the theory employed the use of a mousetrap as an example of irreducible complexity, which he proved dysfunctional when any part would be removed. Furthermore, Rael (6) a news editor then a messenger provides a much stable debating ground for the proponents of the ID theory. According to Rael (6), there are some supernatural unique beings believed to have created life on earth. However, every step of creation was a correlative product of science and religion. Rael (7) points out that the creators of the world were capable of communicating to the human beings thr ough telepathy. The designers of life on the earth were scientists who emanated from a far planet with a keen interested in creating a cloned human being (Rael 11). It is claimed that the government of the imagined planet disliked the idea of cloned human beings for fear that the creatures might exhibit superior mental capacities and powers, which can cause troubles to the pre-existing beings (Rael 15). This compelled the scientist to conduct reconnaissance on the earth to establish its viability for human cloning. Rael (11) confirms that at the time of reconnaissance the earth was completely covered with water and dense mist. When on the earth’s atmosphere, the designers investigated the sun’s cosmic rays and realized that they were harmless to life. The scientists then trenched soil from the seabed and pilled to form a dry land. Thereafter, plants and vegetables were created from chemicals and designed to survive particular climatic conditions of different regions (R ael 13). The scientists worked for hand in hand with artists who decorated every creature with various colors. According to Rael (13), the initial creation of fish was in the form of plankton then small fish and finally large fish. Rael (14) exemplifies that the process of creation involved stiff competition from different creation groups, an act that led to the formation of frightful animals and monsters.  

Extended Family Cover Essay Example for Free

Extended Family Cover Essay Survey respondents believe that women are not as â€Å"internationally mobile† as men, yet 80 percent of female expatriates have never turned down a relocation, compared to 71 percent of men. A second powerful assumption is that women encounter more work-life conflict while managing a global schedule. However, nearly half of both women and men report that they find work-life balance difficult. Finally, survey respondents believe clients outside the United States are not as comfortable doing business with women as they are with men. In fact, 76 percent of women expatriates said being a woman had a positive or neutral impact on their effectiveness overseas. Both women and men, managers and human resources executives, hold the preconceptions that emerged in this study about womens ability in the international arena. Yet paradoxically, 90 percent of female expatriates, 91 percent of women with global responsibility who havent relocated, and 93 percent of men married to expatriates said they would accept their current assignments again. In fact, current expatriates (85 percent) and former expatriates (86 percent) believe global experience makes them more marketable to other companies. Compared in the past, companies at present become more open in having women as part of the workforce and consider them in equal footing as their male employees. Working Woman magazine cited Philip Morris as a company where 31 percent of all managers are women. With respect to international assignments, Philip Morris makes sure that women are tapped for those assignments. Another company, Hewlett-Packard, has a woman leading the company. The chair, president, and CEO of Hewlett-Packard is Carly Fiorina. She makes Hewlett-Packard one of only two companies in the Fortune 500 with a woman as chair, president, and CEO. Hewlett-Packard, which has a strong international presence, has a long history of supporting and promoting women (Palagano Lee, October 2005). The next items are the list of favorable companies that provide as much benefits to working mothers in their organization: Microsoft, Bacardi and Computer Associates all offer family healthcare benefits packages for partners and their children. It helps to maintain high worker performance and establishing a caring reputation are the important motivating factors, as employers believe satisfied employees will spread the word about a companys practices (Extended Family Cover, 2004). While BMW Plant Oxford, manufacturer of the Mini Cooper, presents different options of flexible, voluntary family benefits, that include insurance products, dental coverage and healthcare cash plans; workers have an option to devise their own benefits packages tailored to individual family needs. BMW also offers family social events, it is one of their strategies to improve worker morale and performance, intensifying job engagement and encouraging better relationships among employees (Extended Family Cover, 2004). IBM provides its employees with schedule flexibility, extended personal leaves and dependent care referral services. Also, IBM has recognized the need to conduct training programs that sensitize its managers to the problems that employees may encounter as they try to balance family and job demands. (Extended Family Cover, 2004). A pioneer in lactation support benefits, Procter and Gamble (PG) has such programs at all its major worksites and in most of its production plants. This kind of strategy has helped maintain high morale and retention rates. It is also enhanced productivity and reduced absenteeism among female workers. Mothers schedule their own breaks in lactation rooms that have hospital-grade pumps, refrigerators for storing milk, curtained-off nursing stations for privacy and a supply of educational materials along with a registered nurse for onsite support (Callahan, 2005). Aetna Inc. s Mothers at Work program, which received a 100% satisfaction rating from participating nursing mothers, has lactation rooms in its 50 locations and an in-house Web site with information for breastfeeding mothers returning to work. Nursing mothers receive an individual pump and professional lactation consultation. In 2004, 62% of Aetna employees nursed for six months, as compared with the 27% national average of nursing mothers (Callahan, 2005).

Strategies for Diversification

Strategies for Diversification INTRODUCTION The Fine idea also known as Fine stationery is a Pvt ltd. Company which was started in the year 1995 by Mr. Kalpesh.S.Patel with the capital of Rs.50,000/- and he is the CEO and chairperson of the firm. They provide printing services and are Manufacturers License of Disney products. Fine Ideas is manufacturer of stationary, print promotion, table mats, mouse pads, packaging, brochures and pamphlet, design items. It is a company along with acting as supplier from Mumbai. The company also gives ideas and concepts for promotional activities. The company runs smoothly and hardly faces any problems. Recently they faced a problem of decrease in sales. They are willing for diversification of their products, to increase their sales. Should they go for diversification of their products to increase their sales or would it be too risky? This led me to come up with a research question Should FINE IDEAS consider diversification of their products to increase their sales? With the help of primary research and secondary information collected, I used Ansoff Matrix to find the solution to the problem. The main reason for the decrease in sale is an increase in competition. The company is not strong enough to face challenges laid down by competitors. The research will suggest an alternate path of diversification which if company chooses will be worth its survival in the market. If the company does not come up with quick and appropriate decision then it will have to suffer heavy loss. The research will analyze the position of the company in the market. The result found after analysing the prevailing market conditions and the companys problems is that the firm should consider diversification of their products to come out of this problem of decrease in sales and to re-attain its forecasted sales. FINDINGS Diversification is part of the four main marketing strategies defined by the Product/Market Ansoff matrix: http://www.easilyinteractive.com/blog/uploaded_images/ansoff-779433.jpg Fine ideas pointed out that a diversification strategy stands apart from the other three strategies. The first three strategies are usually pursued with the same technical, financial, and merchandising resources used for the original product line, whereas diversification usually requires a company to acquire new skills, new techniques and new facilities which can be provided by Fine Ideas. The notion of diversification depends on the subjective interpretation of new market and new product, which should reflect the perceptions of their customers. The strategies of diversification can include internal development of Fine Ideas, acquisition of a firm, alliance with a complementary company, licensing of new technologies, and distributing or importing few products manufactured by another firm. Generally, the final strategy involves a combination of these options. This combination is determined in function of available opportunities and consistency with the objectives and the resources of the Fine Ideas. Rationale of diversification There are two dimensions of rationale for diversification. The first one relates to the nature of the strategic objective: diversification may be defensive or offensive. Defensive reasons may be spreading the risk of market contraction, or being forced to diversify when current product or current market orientation seems to provide no further opportunities for growth. Offensive reasons may be conquering new positions, taking opportunities that promise greater profitability than expansion opportunities, or using retained cash that exceeds total expansion needs. The second dimension involves the expected outcomes of diversification: management may expect great economic value or first and foremost great coherence and complementary to their current activities. In addition, companies may also explore diversification just to get a valuable comparison between this strategy and expansion. Factors of Risk involved for Fine Ideas to Diversify. Diversification is the riskiest of the four strategies presented in the Ansoff matrix and requires the most careful investigation for Fine Ideas. Going into an unknown market with an unfamiliar product offering means a lack of experience in the new skills and techniques required. Therefore, they will put themselves in a great uncertainty. Moreover, diversification might necessitate significant expanding of human and financial resources, which may distracts focus, commitment and sustained investments for the Fine Ideas. Therefore they should choose this option only when the current product or current market orientation does not offer further opportunities for growth. In order to measure the chances of success, Fine Ideas can also perform different tests like the attractiveness test, the cost-of-entry test and the better-off test. Because of the high risks Fine Ideas, may led to failure while attempting to diversify. However, there are a few good examples of successful diversification like Walt Disney moved from producing animated movies to theme parks. Companies like Fine Ideas diversify for a host of reasons. In some cases, its a survival strategy. For instance, if the company makes the bulk of its sales at a particular time of year, it makes sense to consider diversification. However, there are plenty of other good reasons for diversification, not least by extending your range of goods or services you can either sell more products to your existing customers or reach out to new markets. This can supercharge the growth prospects of Fine Ideas. And perhaps the biggest reason for doing it is to extend a brand reputation into other markets, with the knowledge that making your business bigger than ever imagined. ANALYSIS OF THE FINDINGS The analysis was done by discussing with the owner of the firm about the fall in demand of sales over the time. It was not possible to find the accurate decrease in sales because their firm was only the supplier and the goods then go in the godown of the marketing firm from where the goods were supplied to the retailers and wholesalers. Due to decrease in demand for the existing goods by the people, the goods were logged into the godown of the marketing sector and so they were not accepting the goods coming from the Fine Ideas as they already have stock with them. Henceforth with this analysis of the situation it is clearly pictured that is a decrease in sales for the company. The discussions took place in a positive manner as the current status proved that it was favourable and appropriate for the company to go for diversification as that was the easiest way out the problem faced by them. Following topic goes out of my assessment but I would like to mention that they have already put their thought and efforts in diversifying their products in some or the other way by starting their new business names as Facetoons which is a similar kind of printing firm but they provide print on mugs, plates, shirts and many more and therefore the business is growing rapidly because of the increasing demand of their new idea. This instance itself proves that it is very essential for them to start to diversify their products but they should not completely close down Fine Ideas because that is their image and reputation in market so they should work under the shade of Fine Ideas. Fine ideas had been discussing that business strategies expand the scope of reaching goal through diversification into their businesses But, under strict assumptions of risky markets, there is no obvious rational for the company to acquire another. Diversification is a promotion strategy and a form of corporate strategy which is advised for fine ideas. It seeks to increase profitability through greater sales volume obtained from new products and new markets. Fine Ideas can diversify at the business unit level or at the corporate level. At the business unit level they are most likely to expand into a new segment and at the corporate level and it is also very interesting entering a promising business outside of the scope of their business unit. CONCLUSIONS Concluding by answering to my research question, FINE IDEAS should consider diversification of their products to increase their sales. When to diversify for Fine Ideas History tells us its not advisable to consider diversification until the core business is stable and profitable. If Fine Ideas are still struggling to win orders and build a sales time for the core product, there is a real danger that diversification will take your eye of the ball. The catalyst is often the realization that growth in the core business is either slowing or set to slow, often because the market for a particular product is becoming saturated. Diversification strategy for Fine Ideas Fine Ideas can diversify by natural progression. More radically, they extend the brand by offering a much wider range of products that will nonetheless appeal to the same customers. Alternatively, they can use the strength of brand to move into new markets. Another popular business diversification strategy is to look backwards and forwards along the supply chain for opportunities to tighten your grip on the market. For instance, in the recent past people had seen building societies buying estate agents and computer manufacturers buying resellers. In the US Google has busily acquired the leading web data analysis tools, online advertising companies and the social networks and sites that deliver what they unerringly know their users want. The cons for Fine Ideas The company can get a hope for the extended product life cycle. Diversification can put you on the fast track to growth but if the strategy fails it can also burn up money. Expanding the product range and even if turnover increases, the increase in costs could result in a slump in profits. Extend the brand into new markets and there is a danger that it will have no resonance with the newly targeted customers. Thus its vital to research new markets before diversifying. Fine ideas should also look carefully at their existing business. Do they have the right managers to cope with a divaricating strategy? Should they integrate the diversified business into one company or ring fence the new operation as a business in its own right? And is your organization strong enough to be an umbrella brand where your core values resonate across the group? They should think hard before Fine Ideas commit their finances and precious time. BIBLIOGRAPHY http://www.fineideas.in/ http://www.hotfrog.in/Companies/Fine-Ideas Hoang, Paul, Business and management, IBID Press, 2007 http://www.easilyinteractive.com/blog/uploaded_images/ansoff-779433.jpg

Responsibility of Friar Lawrence in Shakespeares Romeo and Juliet Essa

â€Å"From forth the fatal loins of these two foes, A pair of star- crossed lovers take their life, Whose misadventured piteous overthrows, Doth with their death bury their parents’ strife.† There are many reasons to the tragedy of William Shakespeare’s Romeo and Juliet. The tragedy, of Romeo and Juliet, involves a pair of ill- fated lovers who by their deaths will end the long and bitter feud that has been raging between their families for centuries. There are many incidents that occurred and many people could be blamed for the deaths of the two lovers. However, I believe that Friar Laurence is the one character most at fault for the tragedy that occurred. One of the mistakes that Friar Laurence made was sending Friar John with the letter to inform Romeo of the plan. â€Å"I’ll send a Friar with speed to Mantua, with my letters to thy lord. (Act 4- Scene 1, Pg. 100)† He should have instead sent Romeo’s servant Balthasar. â€Å"Her body sleeps in Capels’ monument, And her immortal part with angels lives. I saw her laid low in her kindred’s vault, And presently took post to tell it to you. (Ac... Responsibility of Friar Lawrence in Shakespeare's Romeo and Juliet Essa â€Å"From forth the fatal loins of these two foes, A pair of star- crossed lovers take their life, Whose misadventured piteous overthrows, Doth with their death bury their parents’ strife.† There are many reasons to the tragedy of William Shakespeare’s Romeo and Juliet. The tragedy, of Romeo and Juliet, involves a pair of ill- fated lovers who by their deaths will end the long and bitter feud that has been raging between their families for centuries. There are many incidents that occurred and many people could be blamed for the deaths of the two lovers. However, I believe that Friar Laurence is the one character most at fault for the tragedy that occurred. One of the mistakes that Friar Laurence made was sending Friar John with the letter to inform Romeo of the plan. â€Å"I’ll send a Friar with speed to Mantua, with my letters to thy lord. (Act 4- Scene 1, Pg. 100)† He should have instead sent Romeo’s servant Balthasar. â€Å"Her body sleeps in Capels’ monument, And her immortal part with angels lives. I saw her laid low in her kindred’s vault, And presently took post to tell it to you. (Ac...

Origin of Digital Species Essay -- Internet History Essays

Origin of Digital Species Lev Manovich1 and Simon Cook2 argue that the internet and digital culture should be understood as a product of late Victorian and Modernist visual forms, but it is the goal of this paper to show that the internet and digital culture, while heavily influenced by these visual forms, is not the sole product of them, and that the time period between 1930 and the present day must also be included when analyzing the history of the internet. The best illustration of this point is the similarity and yet fundamental difference between the cinematographic experiments of the Soviet Constructivist Dziga Vertov and the modern visual jockey artists known as the â€Å"NomIg Collective†. By analyzing the art forms that exist on the internet it is possible to see how they are related to the preceding forms of art that existed in the times from which Manovich and Cook claim the internet to be a product. Before the terms Late Victorian, Modernist and Post-modernist visual forms are used, it is important to define what is meant by each of these terms, and to explain how they are all in essence connected to each other. During the Victorian era the world was transformed. Starting with Darwin’s theory of evolution, the world of science crecendoed into a period of rapid discovery and accelerated advancement that was previously unknown. It was out of this boom in the intellectual world that man’s desire to possess all knowledge began to seem more of an achievable goal and less like medieval lore . It was around the Victorian period that all modern forms of classification are began to expand: Encyclopedias, Dictionaries, Museums are Libraries -to name a few forms- started to grow into their modern form as common tool... ...tov the need to refer to the cinematographer and the camera as machines that can engineer a product as well as any other piece of machinery. However, NomIg makes no self references, there is no portrayal of the computer or the human as anything specific in their work, and so they leave out a basic tenet of the Modernist manifesto. When the internet and digital culture is analyzed through the types of art it inspires it becomes clear that while the foundations for computers and artistic technique are a inspired by and partly the product of late Victorian and Modernist visual forms, it is not possible to ignore the effect that postmodernism has had on these art forms. To understand digital culture, regard should be given to both the Modernists who created the scientific framework and the Postmodernists who created the subject matter to exist within that framework.

Communication Paper Essay

I would like to take this time in welcoming you to this presentation on communication marketing in health care. We will first be identifying different and most common communication used by consumers and health care providers, such as e-mail, a web-based forum, and/or electronic medical records just to name a few. We will also be discussing the benefits to the patients, an aspect relating to the values and importance of maintaining patient confidentiality when using these types of communication, some reasons that these types of communications are an effective way of communicating between consumers and their providers, how these types of communications may differ from others, and lastly, how might media and social networking change communication in health care today and years to come. Now, join with me as we discuss the different types and most common communication used by consumers and their health care providers. Many communication channels are used in healthcare, each with different properties. These channels may be synchronous or asynchronous, mobile or fixed, secure or no secure. Because of this, participants must decide which channel best suits the issue about which they need to communicate. Synchronous channels such as telephones and face-†to-†face meetings allow both parties to communicate at the same time, enabling information to flow freely in real time. Synchronous channels are ideal when discussing time-†sensitive issues and exchanging dense information. It is not always convenient, however, for a patient and physician to schedule time to communicate using synchronous channels because they can lead to delayed care, telephone tag, and frustration—when these channels fail to connect, some healthcare issues remain unaddressed. Yet, generally only pagers and synchronous communications are available for patient-†physician  communication. Asynchronous channels such as email, fax, and blogs enable each party to communicate when it is convenient. These channels may be used safely for issues that are no urgent or time-†sensitive. Because time is not a factor when using asynchronous channels, both patient and clinician can be more reflective in their messaging. Asynchronous channels, however, should not be used for medical emergencies or time-†sensitive issues. Another characteristic of communication channels is whether they are fixed (connected to a wire) or mobile. Thanks to advances in technology, many communication channels that were once fixed are now wireless, such as telephones and text messaging. Presenting new technologies is challenging when dealing with an industry entrenched in using the same telephone, fax, and pager systems for decades. Many problems in healthcare stem from the industry clinging to these outdated methods of communication, without understanding the benefits brought about by newer solutions. For example, electronic pagers, which have been abandoned by most industries, are still the core device for hospital communications. While physicians extensively use a mobile core phone outside the hospital, these phones are often banned from being used inside, despite evidence that in most areas of the hospital this technology is safe. Email is often discouraged for clinical communication for security reasons, and more advanced technologies such as instant messaging, videoconferencing, group teleconferencing, or web-†based collaboration are almost unheard of in clinical care—despite evidence that proves the effectiveness and safety of these technologies in healthcare. While physicians have found newer tools such as email useful, they are typically used only in limited situations and not commonly employed to communicate with patients. The reasons for physicians’ reluctance to use e-†communication with patients include concerns about malpractice litigation, fears of being barraged with emails, and the absence of a model that reimburses them for consulting with patients electronically. Communication in healthcare fails for many reasons: necessary personnel cannot be identified or located; they may not be available or may not respond in a timely manner; or the communication channel of choice may not be well suited to the task at hand— for example, e-†communication such as  email should not be used for time-†sensitive issues such as a patient having a heart attack, or in situations that require a dense exchange of information. Pagers, for instance, are more appropriate for time-†sensitive issues, while telephones, in-†person or videoconferencing meetings, or web-†based collaboration tools are more efficient options for exchanging dense information, such as detailed c ase reports. Because case reports require much discussion among physicians, using email only slows down the discussion process. With the ability to reduce costs, telemedicine has been shown to be such an effective medical practice in several instances that its growth and application in the health care industry have raised greatly. One of the reasons for patient satisfaction with telemedicine is a reduction in waiting time, travel time, and the time involved in arranging appointments. The absence of all these issues can facilitate health communication by eliminating many of the burdens involving in standard health care. There also some challenges to the patient privacy with web-based communication just as in a facility. Because multiple individuals in telemedicine communication, exposure of confidential records to all parties concerned becomes a threat to the privacy of the patient. Additionally, even through medical doctors accept the obligation of maintaining their patients’ privacy rights, the other assisting parties involved in the telemedicine communication may not be held to the same standards (Turner, 2003). As a result of this risk to patients’ privacy rights, telemedicine has struggled to gain acceptance for the legal and medical communities (Sanders & Bashshur, 1995). However, again, as time progresses and this issue tackled by the medical and legal communities alike, solutions should be found to eliminate privacy risks to patients. Furthermore, these solutions should generate increased acceptance of telemedicine practices by all parties concerned and, likewise, should alleviate the fear and frequency of breached to patient privacy laws. In conclusion to the communication marketing in health care, we were able to identify the different types of communication such as e-mails, web-based and  medical records. We were able to point out some benefits and different aspects for the patients values and the importance in maintaining the patients confidentiality and the risks of safety in these types of communications. We were also able to understand the reasons as to how these types of communications are effective between the consumers and their providers and how they differ from other forms of communications as well. Thank you for your time and efforts in taking the time to better understand the communication through telemedicine present and future. References: http://www.uapd.com/wp-content/uploads/Telemedicine-Its-Effects-on-Health-Communication.pdf http://www.cisco.com/web/about/ac79/docs/wp/Communication_Healthcare_WP_0724FINAL.pdf