Monday, October 7, 2019
Read a case and reflect on it Research Paper Example | Topics and Well Written Essays - 500 words
Read a case and reflect on it - Research Paper Example The court did not find any of the parties enjoined in the case liable for the events that occurred. More so, the appellate court affirmed the verdict of the lower court; the court maintained that the lower court was right to vindicate the bar from taking responsibility of the drunk driverââ¬â¢s actions. According to the appellate court, the trial court did not err in withholding that there is no coverage under the Commercial General Liability section in Mid-Continents policies. It also upheld the lower courtââ¬â¢s ruling that Luckyââ¬â¢s did not in any way endanger the life of the driver, the victim, or its employees; hence Luckyââ¬â¢s Grille & Billiards had no obligation to cater for the moverââ¬â¢s claims. The court ruled that Luckyââ¬â¢s Grille & Billiardsââ¬â¢ insurer, Mid-Continent Insurance Company, did not have to foot the plaintiffââ¬â¢s bills because he complainant failed to put Luckyââ¬â¢s in charge of the situation. Despite the fact that the accident occurred in the barââ¬â¢s packing lot, there is no evidence linking the bar to the accident. The appellantââ¬â¢s claims that Doty left the bar intoxicated, and hence unfit to drive, could not be proven since employees at Luckyââ¬â¢s could not confirm the same. The fact that the bar could not be linked to the incident means that its insurer was also not party to the claims. In addition, even if the plaintiff proved that the bar was responsible, Mid-Continent would be absolved of any claims since its insurance policies do not cater for customers after leaving the bar. The courts were, therefore, right in their
Sunday, October 6, 2019
Sunk Costs and Organizational Decision Making Research Paper
Sunk Costs and Organizational Decision Making - Research Paper Example The $100,000 the company expends to buy the license is a sunk cost. Thus, sunk cost is one that when once it has been incurred, it could not be transformed or changed by a present decision. Thus, the company cannot rectify what was done by going back into the past and undo the decision made in the past. Further, it cannot be refunded or recovered as the government will neither permit the same to be resold or to will buy back the same. (Arnold, 2008, p184). Clark and Wrigley (1995) recognise three varieties of sunk costs which can efficiently produce a lesser or greater magnitude of such locational inaction. In the first type of sunk cost, for instance, for training costs of inward investors , whenever there is a requirement of significant skills to be harnessed , but on the assumption that lionââ¬â¢s share of such inward remittance based on low-skilled jobs and in such cases , sunk costs are particularly so significant. According to Peck (1996), the second type of sunk cost may be the cost of leasing or acquiring local property and land. Poignantly, a considerable quantum of such setup sunk costs may be met by subsidy from either central or state governments or shared by both by way of regional developments of grants and the leveling and provision of premises and sites. As per Gold (1981), there is a technical sense where the economies of scale is associated with the physical capacity which is notionally regarded as set-up sunk costs but none can be important in assessing industries and firms to specific places and the best illustration, here would be the location of chemical industries and petrochemical industries. Lastly, Clark and Wrigley recognise ââ¬Å"exitâ⬠sunk costs, which become perceptible when a factory winds up its operations or a business exit from industry or a market. The best example here is the cost associated with pension provisions and severance pay. (Phelps, 2002, p 61-62). 2) Statement of the Problem- ââ¬Å"Sunk costâ⬠is a term borrowed from accounting and economics, referring to those costs that have been incurred and are therefore no longer relevant to future decision-making (Hirschey, 2009; Taylor, 2010). However, despite it irrelevance in terms of monetary reckoning, the psychological effect of ââ¬Å"sunk costâ⬠on the human decision making process remains evident. The effect of sunk costs on decision making in general has been a topic of interest in diverse areas such as human development (Kelly, 2004; Arkes, 1999) and education (Rover, et al., 2009). In business likewise, they figure unintentionally in managerial decision making. 3) Significance of the problem- Without realizing it, investors and managers are prone to the ââ¬Å"sunk cost effect.â⬠The disproportionate consideration of sunk costs constitutes a trap to decision making; positions are sometimes taken or products pushed too long in the hope that they may still turn profitable, because the investor or manager refuses to ad mit that it was a bad investment to the point of abandoning it (A to Z of Management Concepts & Models, 2005). In the interest of avoiding mistakes in decision making that will eventually affect firm profitability, studies should continue on
Friday, October 4, 2019
UNIT 5 DISCUSSION BOARD Essay Example | Topics and Well Written Essays - 500 words - 1
UNIT 5 DISCUSSION BOARD - Essay Example Healthcare in the United States of America is managed through the Health Maintenance Organization (HMO), which organizes health plans outside of that which is provided through the insurance companies. There are different plans that through which HMOs make healthcare available. The total estimated cost of healthcare in the USA during 2004 was $1.9 trillion, which was equivalent to 16% of the GDP, making the USA the largest spending country on healthcare. Many of the employees on the payrolls of companies have healthcare plans that are taken care of by the companies themselves. This has given a false impression that the vast amount of money spent on healthcare is rooted in the private sector. This is far from true, and nearly half the money that is spent on healthcare comes from government coffers. The reason for this is that a large portion of the healthcare is paid for by employer-based insurance, but this is tax subsidized. In essence the government pays part of the healthcare bills of employees in private companies that are receiving healthcare plans through their employers. The soaring medical costs are causing private employers to cut back on wage increases to their employees in an effort to find the means to meet the growing healthcare bill, leading to dissatisfaction. In short the main issue of the healthcare implementation is the scarcity of funds. This situation is hardly going to change with the Government unwilling to consider tax reforms. Therefore managed care has to look after soaring medical bills with a paucity of funds. In such a situation the dissemination of healthcare to all segments of the population becomes difficult, and as usual it is the weaker segments of society that feel the pinch of inadequate healthcare provisions. (Americas health-care crisis: Desperate measures). The American healthcare system is an umbrella organization. The World Health Organization (WHO) has in its recommendations
Classical music Essay Example for Free
Classical music Essay It is Saturday March 1 2008 and I have woken with an excited feeling in my stomach. Today, I am being treated to something I have never experienced before and I am looking forward to what is in store. My father, is taking me to a classical concert. I am 18 years old and big band music is not really my style, I appreciate music but of the modern variety rather than the old school kind. My father loves classical music and plays it constantly in his study. His favourite composer is Leonard Bernstein so it is today, with great animation, he is taking me to encounter his love of this music. We are attending the Waukegan Concert Chorus which is at 624 Douglas Ave, Illinois, the concert is a tribute to Bernstein Williams; namely, In Remembrance of Bernstein Williams. My father assures me that although my liking of music may not be to his taste, I will go away from the concert feeling uplifted and appreciative of what I have heard. Our journey takes us to Waukegan during the early evening and as we approach the venue I can feel a buzz in the air. Other attendees are heading towards the seating area and as my father and I locate where we are sitting, I am somewhat satisfied that we have seats near to the front. My father explained in the car, on the way, even though it is the music you are listening to, it is also just as important to watch the performance. Before me is a huge orchestra; perhaps the biggest I have ever seen, not that I have seen many. There is a plethora of various noises coming from the ensemble and as each musician tunes in their instrument and plays small excerpts from their music stand, it is perhaps unbelievable that any kind of harmony will occur at all. However, the moment the conductor enters the room, there is an eerie silence, almost as if someone had turned the musicians off by a control button. The conductor is a gentleman who turns to his audience and bows his head, turning and repeating this gesture to his orchestra. As the first piece of music is played I feel myself vibrating with the enormity of the noise. For many years I have heard my fatherââ¬â¢s classical records being played from behind the study door but to be present at a live performance was truly exhilarating. One of my favourites in terms of familiarity was West Side Story. The introduction sounded amazing; upbeat and vibrant, the instruments seemed almost alive. Even closing my eyes, which I actually did, I could hear each piece of equipment as it was used. The brass and woodwind instrumentalists brought intrigue and manoeuvre to the story of the piece being played whilst the drums added the extra element of spirit in the arrangement. Despite the variety of instruments played and the different roles they played within the piece, the unity came together with such an intensity, I was taken aback by its impact. The formation and structure of the concert allowed me to lose myself within the music, it was almost as if I were watching the musical itself. This perhaps was the purpose of the concert itself, it worked with an effortless outcome. As the flutes and violins played ââ¬ËI Feel Prettyââ¬â¢, I felt almost compelled to stand up and sing as the notes poured through the air. The tempo was light in places and amplified in others; the exaggeration of drama was as apparent as the subtlety of tenderness applied to the nature of the story. Its volume was deafening yet tolerable as each instrument alerted itself naturally within the composition. On occasion I did look around at other spectators, like moths to a flame, transfixed faces and total satisfaction and appreciation of what was before and around them. I did relate to this. As the concert came to an end, I did feel somewhat saddened that it was all over. The climax of the music was a crescendo of brilliance and I am pleased to say, my fatherââ¬â¢s original prediction of how I would feel, was absolutely correct. I felt euphoric and inspired by such a performance. I had attended the concert with an open mind and allowed myself to absorb the instruments intentions; I felt all the raw emotions of West Side Story and even the pieces of music played I had heard for the first time, still brought me a sense of appreciation.
Thursday, October 3, 2019
Relationship Between Motivation And Employee Performance
Relationship Between Motivation And Employee Performance Motivation is the psychological process that gives behavior purpose and direction. and management is corned with the effect be and efficient deployment of resources. Human resource is one of the most important in any organization and company and the role of manager is to be a leader and achieve organization objective by developing a partnership with people. Motivation in work is one of the very variables determining employees performance. we can say that motivation it is hard to give any type of permanent definition about motivation but it is a kind of direction in which employees are ambitious and they can take action and make an effort. Motivation is an power that causes people to behave in a positive way motivation collective with ability result in performance. Motivation is the internal power or a type of energy and it pushes toward the performance of the employees. If desire and ambition are absent, motivation absent too because motivation are much do with desire and ambition. M otivation strengthens always give the way, courage energy and persistence to follow the organization goal. A motivate employee take action and does whatever and whenever it need to achieve their goals EXECUTIVE SUMMRY Motivating staff is a fundamentally important dimension of successful management and a vital aspect of a leaders role. Significant organizational outcomes can be obtained by having staff that are motivated. These include: Increased productivity in the workplace Reduced absenteeism and turnover Increased innovation and creativity Increased employee and customer satisfaction An enhanced company profile Higher quality products or services Improved financial performance Employees want interesting work where they are given responsibility, autonomy, challenges and the opportunity to learn. Good working conditions, job security, and pay are important, appreciation should be shown and regular feedback should be given on an employees performance. Managers holding this view of work and their employees would most likely demonstrate trust in their employees, use explanations and joint problem-solving methods, give staff room to interpret and implement organisational objectives for themselves, act as a facilitator, provide opportunities for growth and job enrichment, allow staff to use their creative abilities and remove restrictions to doing a good job. The job of a manager in the workplace is to get things done through others. A committed and motivated workforce is critical to maximising an organisations full potential. Highly motivated employees frequently seek to work beyond the bounds of their specific work roles and functions in order to not only impro ve themselves, but also to achieve the objectives of the organisation. Motivated employees can be considered vital to organisational survival in our rapidly changing workplaces and work world they help organisations survive because they are more productive At the end we can say that the performance of an organization is dependent on its employees. After all, your employees are the engine of your organization. MOTIVATION THEORIES FOR EMPLOYEES First it is important to understand that what motivate employees and how they were motivated. According to Maslow a employees have five level of need and they are physiological, safety, social, ego, and self actualizing and he argued that lower level need had to be satisfied before the next higher level need would motivate employees. It is important for the organization that they value there employees try to understand there problem and always offer some opportunities for growth and development in short make them part of the organization. To motivate employees are a great important in a organization and it can be done by:- keep to be at work Take pride in there work Work attitude Does not display in their work Customer orientation Display a high level of commitment ROLE OF MOTIVATION IN EMPLOYEES PERFORMANCE Motivated employees are the need of any organization for our changing work place. Motivated employees are more productive so they always help organization to survive in every field. For a effective managers it must to understand what type of motivates employees within the context the perform in role. Motivating employees is most complex for example research suggested that as employees income increase money become less of a motivate also as employees get older exciting work become more of a motivator. PURPOSE OF MOTIVATING EMPLOYEES:- There are some factors which play a important role to motivate employees. Such as employment Security Sympathetic help with individual problem Personal loyalty to employees interesting work Give good working situation Good quality Wages Promotions and growth in the organization. Most of the organization believes to motivate their employees because it influence the employees performance by following way:- 1. Higher Productivity Levels 2. Lower Labour Turnover 3. Lower Absenteeism 4. Improve Quality with lees waster 5. Greater Willingness to accept rather than resist change 6. Greater Willingness to contribute idea and take on responsibility 7. Employees Loyalty 8. Employees Turnover MOTIVATION AND EMPLOYEES PERFORMANCE:- It is seen that a employees performance has an impact on the organizations objective. And it is thus imperative that every employees performance should be managed. This process of performance management includes group assessments and peer reviews. In recent time performance management system have become more essential because managers are under constant pressure to get better progress and performance of their organization by motivate their employee. Despite the motivation performs it is necessary to briefly highlight the barriers that might affect the performance of employee. These barriers may be the result understand competencies, inappropriate performance goals, or lack of feedback about performance. There are some factor which is affective overall employees performance .1.INTERNAL FACTOR:- Those factor which is control and influence by any organization are called internal factor like job description and selection. 2.EXTERNAL FACTOR:-In external factors a organization has little control or no control such as demand for job or grading systems. Corporate Examples of motivation and employees performance:- Geo television use the following tools to motivate its employees and this tools affected the employees performance and it is seen that employees performance become better after this. These tools are such as. Performance base incentives Geo television gives incentives to its employees on its performance. Annual evaluation of the employee performance discussed with the employee. There is and idea box in the reception room available to employees and even visitors. All ideas are implemented and the generator of the idea is rewarded with a prize. The CEO of the company is heading this company himself Annual employees function Success story of the month in each department is mentioned for employees who have gone that extra mile in achieving their objectives. Their stories are discussed; the committee reviews them and selects the best one. The winner of the best success story is rewarded with a dinner for the two prizes. All the employees work in a Comfortable environment because they are free to do their work ,environment is very friendly TOYOTA Motivational Policy of Toyota Company based on Maslows need Hierarchy Herzbergs job Enrichment Theory. Toyota company always try to motivate their employees because they believe that employees are a vital part of the company. A business not be success without the employees good performance .Firstly Toyota always try to understand employees motivation, it is seen that the individual performance has an impact on any organization so it is important that every employees performance should be managed According to Maslows theory: Job Security Good Pay Safe working conditions Satisfy lower level needs Culture of continuous improvement Support growth toward self Actualization The Toyota Company achieve the following approaches on the basis of Herzbergs job Enrichment Theory and by motivate their employees Visual Management HR Policies Addresses Hygiene Factor Continuous Improvement Job Rotation Build Feedback in support motivator Toyota aims to increase its employees motivation and optimize the value of its human resources. The recognize some seminar to motivate their employees Company always try to give their employees a good training Give the year awards Give a new model of Toyota car Toyota always take the attention of employees every day and end of the year they give some gift and his types of motivation always increase the employees work performance Toyota company say that every employee who work under Toyota they are the family part of Toyota Toyota company also arrange health and security for employees.
Wednesday, October 2, 2019
Paul Laurence Dunbar :: essays research papers fc
Paul Laurence Dunbar Outline Thesis: The major accomplishments of Paul Laurence Dunbar's life during 1872 to 1938 label him as being an American poet, short story writer, and novelist. I. Introduction II. American poet A. Literary English B. Dialect poet 1. "Oak and Ivy" 2. "Majors and Minors" 3. "Lyrics of Lowly Life" 4. "Lyrics of the Hearthside" 5. "Sympathy" III. Short story writer A. Folks from Dixie (1898) B. The Strength of Gideon and Other Stories (1900) C. The Heart of Happy Hollow (1904) IV. Novelist A. The Uncalled (1898) B. The Love of Landry (1900) C. The Fanatics (1901) D. The Sport of the Gods (1902) V. Conclusion Paul Laurence Dunbar attended grade schools and Central High School in Dayton, Ohio. He was editor of the High School Times and president of Philomathean Literary Society in his senior year. Despite Dunbar's growing reputation in the then small town of Dayton, writing jobs were closed to black applicants and the money to further his education was scarce. In 1891, Dunbar graduated from Central High School and was unable to find a decent job. Desperate for employment, he settled for a job as an elevator operator in the Callahan Building in Dayton. The major accomplishments of Paul Laurence Dunbar's life during 1872 to 1938 labeled him as an American poet. Dunbar had two poetic identities. He was first a Victorian poet writing in a comparatively formal style of literary English. Dunbar's other identity was that of the dialect poet, writing lighter, usually humorous or sentimental work not merely in the Negro dialect but in other varieties as well: Irish, once in German, but very frequently in the hoosier dialect of Indiana. There is good reason to assert, however, that the sources of Dunbar's dialect verse were in the real language of the people. The basic charge of this criticism can be stated in the words of a recent critic, Jean Wagner. Dunbar's dialect is, he says, "at best a secondhand instrument, irredeemably blemished by the degrading things imposed upon it by the enemies of the Black people" (Revell, Paul Laurence Dunbar, pg. 84). One of the most popular of Dunbar's dialect poems was and is "When Malindy Sings" which builds upon the natural ability of the race in song and is acknowledged to be Dunbar's tribute to his mother's spontaneous outbursts of singing as she worked in the kitchen. The message of the poem is of praise for simplicity of spirit and the love of God. Another of Dunbar's superb poems is entitled "Sympathy", written in 1895: I know what the caged bird feels, alas! When the sun is bright on the upland slopes; When the wind stirs soft through
How Technology Effects Education Essay -- science
How Technology Effects Education The best method for improving educational standards is to utilize every tool available, including state-of-the-art technology. Computers and the Internet have expanded the way in which information can be delivered to the students of today. Today's networking technologies provide a valuable opportunity to practice new learning techniques. Educators are discovering that computers are facilitating learning. Computer based communications, or Telecommunications, can offer many educational opportunities; therefore, educators will need to adapt current teaching methods to incorporate this new media into the classroom. Computers have made a fundamental impact in most industries, providing a competitive advantage that has come to be essential to many businesses. Therefore, schools must also use technology to improve the educational process. School systems often consider purchasing a computer network, and justify its purchase by applying it to routine administrative tasks, such as attendance records and grading. While these tasks are very important, they only show a small part of what technology can do for a school. Technology must go further than simply keeping attendance; it must focus on keeping students interested and productive. Since computers and the Internet have expanded in such a way in which education can be delivered to students, it is currently possible to engage in "distance education through the Internet. Distance education...
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