Monday, August 12, 2019
Construction Health and Safety Essay Example | Topics and Well Written Essays - 2500 words
Construction Health and Safety - Essay Example For this reason, some insurance companies fear that handling these risky sites and vouching for the health and the lives of the employees involved in the job may cause them too much funds that may indeed jeopardize their financial stability. Hence, the establishment of the limit of the fund to be allotted for the said issue has already been passed and rather applied in business organizations today. There are certain standards that companies today need to abide with which gives them a chance to be accommodated by several insurance companies in support to the healthcare assurance that they need, however these provisions are guided by certain limitations that both employers and employees must carefully give attention to. This is especially true on the part of those who are involved in the construction industry. In this paper, the statement mentioned above with regards handling risks successfully as an employer, as an employee and as a team of people working together to establish a struc ture, shall be well discussed and assessed as to how much they should be recognized by the current construction project planners at present. Avionics Solution is a small business organization serving as one of the leaders in manufacturing avionics equipment. It started as a family-owned business that delivers quality products given to its regular clients. As of today, Avionics Solution is currently employing at least 48 personnels within its manufacturing facility. It is the main aim of the organization's administration to be of great help to its employees as well as with its clients. Through the establishment of a fine communication system that flows between the employers, the administrative sector and the rank and file employees, the organization's head officers try to bridge the gap existing between the said stakeholders of the organization. Clearly, the mission of the organization to serve the community with the best possible services it could offer have been understood by the organization's authorities to have been effectively sourced out from the establishment of fine camaraderie among the people making up the enti re company, including the employees as the primary actors within the organization's journey towards success. Certainly, Avionics Solution wants to make sure of its competitive status in the manufacturing industry by providing its employees a workplace that stimulates employee interaction and economic growth. However, with all the fine set of missions created by the administration for the entire organization to follow, it has been found out that most of the employees complained about the fact that there are several provisions not granted by the organization, which namely includes health insurance and retirement plan. It is then proposed in this plan paper that the said issue be addressed well. This is to help the company get assured that it would be able to stay in its status of competition within the industry, through its provision of the utmost important factors of consideration for its employees. The said plan proposal
Sunday, August 11, 2019
Foreign enterprise Manage the JV Company with state owned background Dissertation
Foreign enterprise Manage the JV Company with state owned background -Veolia water's business model in china for its long ter - Dissertation Example Research Methodology 30 3.1 Type of methodology chosen and its justification 30 3.2 Data Collection and Compiling the Empirical Material 31 3.3 Data Analysis Strategy 32 3.4 Research method Analysis and evaluation of limitations 34 3.5 Reliability and Validity 35 4. Veolia Water: Business Model in China 37 4.1 History of Veolia Water in China 37 4.2 Establishing Joint Venture in China 39 4.3 Business Model in China 41 4.4Organizational Culture 43 Reference 45 1. Introduction 1.1 Background of the Study International joint ventures can be described as a fresh, autonomous business body created by two or more autonomous business organizations having different national origins. The underlying principle for the formation of joint ventures is to attain competitive benefits by amalgamating the strengths and unique characteristics of two or more dissimilar companies. The different stages involved in the process of joint venturing comprise of partner selection, contracting and structuring the new entity as well as management of the joint venture (Bilas et al, 2007). The significance of international joint ventures has amplified during the past ten years owing to the rising number of fresh business establishment as well as the boost in the strategic importance of the joint ventures created (Geringer & Herbert, 1991). Though the number of joint ventures taking place across the world has been increasing, simultaneously, the evidence regarding their survival and sustenance is very poor. Various studies have concluded that a large proportion of international joint ventures eventually get dissolved (Hennart & Zheng, 2002). This contradictory position has resulted in numerous researchers, as well as authors, focusing their attention to the aspects that impact the accomplishment, or dissolution, of international joint ventures on the whole, and Chinese-foreign joint ventures specifically. 1.2 Aim and Objective of the Study Over the years it had been observed that though there h as been large number of joint venture establishments between foreign organizations and Chinese State Owned organizations, eventually many of them have been considered to be unsuccessful. This study aims to diagnose the factors necessary for determining the success or failure of the Chinese-Foreign Joint venture. The goal of this study is to comprehensively study the management of a Chinese Joint venture in terms of its cross culture management, human resources management, organizational culture, financial performance. Such a thorough study would be helpful in recommending a solution for such Joint Venture entities so that they meet the altering external environment and can maintain a sustainable business. In order to accomplish the aim of the study, the objective would be to focuses on the Case Study analysis of Veolia Water and its business operations in China. The history of the company in China and its formation of several joint ventures with State Owned Organizations across Chin a would be assessed. The study would further examine the business model of Veolia Water, its organizational culture and its performance in order to examine the effectiveness of its existing business model. With the intention of expansively assessing all the aspects of Veolia Waterââ¬â¢s business in China; its organizational
Saturday, August 10, 2019
Managing in public and private sector Essay Example | Topics and Well Written Essays - 1500 words
Managing in public and private sector - Essay Example It is imperative to relate the inherent differences and similarities between private and public sectors based on their primary objectives as aforementioned. The paper explores similarities and differences in strategic management between the private and public sector. There are significant strategic administrative similarities between the public sector and private sector. It is imperative that both the sectors greatly relies on common business administration techniques including planning, budgeting, organization, delegation, and control in conducting daily activities. The aforementioned administration techniques are imperious for all business entities and consequently, both private and public sectors have to apply them in strategic management. For instance, budgeting for business involvement in specific functions remains as a vital activity in both public and private management activities. Both the sectors require budgeting techniques to ensure minimal use of resources and exploitation of business finances. Furthermore, both the public and private sectors require use of planning techniques in remaining relevant to market trends and developments. Planning is an imperious activity for all business entities and managers who aim at success and achiev ement of organizations goals. In addition, planning is of central importance for strategic managers who aim at overcoming competition in the market. Apparently, both the private and public sectors require comprehensive planning techniques in strategic management to enable them achieve their objectives (Desmarais & Abord de Chatillon, 2010). Corporate social responsibility relates to business organizationsââ¬â¢ involvement in non-profit activities within the society. Majority of organizations engages in corporate social responsibility to enable them create a good public image within the community that they operate. It is the responsibility of a business entity to attract interest from the public
Friday, August 9, 2019
What are the key internal factors and external factors to be Essay
What are the key internal factors and external factors to be considered in price decision making - Essay Example he equilibrium point where demand curve intersects with supply curve is the deciding point at which price is determined. When price is considered in terms of demand and supply, it can be said that price has inverse relationship with demand and positive relationship with supply. In other words, when price increases demand decreases and vice versa, while price increases supply also increases. This is because, when price increases, the customers would like to reduce its consumption as the product seems to be more expensive. Likewise, when price increases, the firms will be encouraged to produce or supply more, as they expect more for their products. In another words, price has the tendency to be increased by the increased demand and to be decreased by the increased supply. But in a real market, price is not solely determined by the equilibrium position of supply and demand, but some other factors also play crucial role in deciding the price of the products. Pricing is a more a complex a nd complicated process than a simple determination of demand and supply. Hence, pricing policies which are deliberately taken by the firm is the most important deciding factor which decides the price of a particular product. These pricing policies of the firm are influenced, in general, by two sets of factors- internal and external. Both the internal as well as external factors influence the pricing decisions of any enterprise or firm. These factors may be psychological, economical, quantitative or qualitative. (Sawyer, 1981 and Kotler, 1997). 2. Internal Factors Pricing decisions are influenced by a number of internal factors which consist of profit margin, cost of production and other expenses, brand image and expectations of the company, suppliersââ¬â¢ and employeesââ¬â¢ efficiency and responsiveness of the product to the price changes (Kotler, 1997). . These factors can broadly categorized under the following heads: 2.1 Corporate and marketing objectives of the firm. Corpo rate and marketing objectives of the firm mainly seek to recover the cost elements of all types, to make target returns and to maximize the profit. Coverage of the corporate cost of production as well as marketing should be an influential factor of pricing policy of the firm. Corporate objective of making specific return rates on the basis of internal cost factors is another important internal factor which play crucial role in an organizationââ¬â¢s pricing strategy. Some important examples of other market objectives are survival of the firm in a high competitive atmosphere, current profit maximization, market share leadership and product quality leadership (Munroe, 1990). 2.2. Image sought by the firm through the price By setting a particular price or implementing a pricing policy, the firms seek a particular public image and this image plays a crucial role in the pricing policy. For example, premium prices are usually being charged for global brand. Likewise, a plant keep going by setting a low price in the hope that in future, the plant can increase the demand. In this case, survival is more important than price or profit maximization (Forman, 1998). 2.2 The Stage of the Production in its life cycle The stage of the production under which the firm goes through is an important factor in the price setting strategy. Whether the firm is going through increasing, decreasing or stagnant returns of scale and where the position of its average and marginal product curves stand, are the important things which decisively play role in the pricing policy of the firm. 2.3. Capacity Utilization and Market Contribution rates Capacity utilization has a positive influence on cost-based pricing strategies. Organizations operating at full capacity are capable of spreading the fixed cost to various units and
Thursday, August 8, 2019
Social problems in American society Research Paper
Social problems in American society - Research Paper Example à In normal circumstances, it is only the police and a few dignitaries that are licensed to possess guns. However, with the increasing insecurity, citizens have pushed the government to allow them own guns, since they feel the police do not offer them timely protection. Amidst the requests, they have been concerned about how well the citizens are going to use the firearms once allowed. In as much as such possession is meant to minimize on insecurity, there are fears that it might increase vulnerability instead. The people who are authorized to possess firearms are under an oath to use them only when it is necessary. However, extending such a privilege to the citizens may increase their misuse and hence making America even more insecure.TerrorismThe United States of America has been the target for terrorism since time immemorial. The target has been due to their international operations, some which are humanitarian and others to protect their interests Mooney, Knox & Schacht, 2014). The country has faced some terrorist attack, both on their local and global investments. Terrorism has diverse effects on the economy and more especially on foreign investments. Terrorists usually target a productive economic zone, to destroy not only property but also people. Considering the destruction done, it takes quite some time, or even never, to recover from the losses. Once investors realize that a region is prone to terrorist attacks, they shy from establishing the investments, and hence affecting economic growth.Ã
Gender and Educational Achievement Case Study Example | Topics and Well Written Essays - 2500 words
Gender and Educational Achievement - Case Study Example The discussion here will bring out the sociological reasons to show why girls in recent years have performed better than boys in typical school curriculum. Many studies and surveys on school performance have showed a correlation between gender and achievement. A study by Hubbard (2005) has been based on a survey involving 30 successful African American high school students. The gender based experiences and results defy traditional patterns of educational underachievement associated with a minority group and challenge the notion that minority students show a resistance to schooling. However the study indicated gender based variations in strategies and college aspirations as well as methods of gaining success suggesting variations on the basis of ethnicity and gender especially in the context of diverse American population. Peer interactions, school practices and community experiences are crucial in shaping educational outcomes of individuals although gender forms the central factor in determining achievement. Hubbard (2005) suggests that intertwining of school, family and community cultures construct attitudes dependent on gender and beliefs. Despite the sharing of common racial or class identity, gender variations ca mediate and change pe rceptions and behavior and this is reflected in social situation inside and outside school. In a related study Demie (2001) suggested that raising levels of achievement among students would be vital element of any school improvement focus. The extent and reasons of underachievement have been examined here and the statistical trends and patterns of performance are also analyzed to show whether gender ad ethnic factors play a role in academic achievement. The differences in attainment according to Demie are largely related to gender and ethnicity and could have implications for school improvement and general level of performance of students as well. However as Demie argues, there could be no simple explanation for ethnic or gender differences in educational achievement as ethnic heritage would not presuppose any kind of underachievement or higher achievements in any field. Studies have indicated that certain ethnic minority groups like the Asians, Indians and Chinese have levels of achievement above the white population whereas the Caribbean, Portuguese and Africans would be underachievers and achievement is considered as largely dependent on language skills, levels of English and gender differences as well. Better English speakers or people with advanced levels of knowledge in English would naturally perform better and Demie's study (2001) indicated that no matter what the origin of pupils is, girls always tend to perform better and at higher levels than boys in key stages and programs. However apart from gender there may be other factors that seem to have an influence on performance and could be understood by focusing on contextual analysis and analysis of factors that affect educational achievement. The teachers' perceptions on how gender identity seems to impact achievement have been studied by several researchers and Jones and Myhill (2004) carried out a similar study to understand the impact of gender on achievement. They
Wednesday, August 7, 2019
Political Determinants Affecting the HK Insurance Market Essay Example for Free
Political Determinants Affecting the HK Insurance Market Essay Introduction This part of the paper will analyse the external environment of HK insurance market through the use of PESTEL and Five Forces Analysis. PESTEL Analysis It can be noted that the HK Insurance market has always been dependent on international business climate as well as its product cycles. Consequently, the HK Insurance market has been deliberated as one of the growing industries throughout the years. The following figure shows the analysis of the political, economical, socio-cultural and technological, legal and environmental attributes and determinants affecting HK Insurance market. Figure 1 PESTLE Analysis Political| Economical| Socio-Cultural| * Taxation Policy of Hong Kong * Foreign trade Regulations * Political status and condition of Hong Kong and the global market| * Product life cycles * Business Cycles * Rate of unempoyment * Disposable income| * Lifestyle of the target market * Income distribution * Cultural diversity| Technological| Legal| Environmental| * Rapid transition in technology * Speed of technological transfer| * Laws and regulations about that covers apparel industries * Following regulations in the foreign trade| * Awareness of environmental protection * Existence of Green Products| One of the political determinants that affect HK Insurance market is the diverse taxations which surrounds Hong Kong market which lead to re-imports. In this regard, the vehicles are being bought overseas, re-imported to the locale market which influence the price of the product. In the period of economical issues, clients do not substitute their financial and insurance products and services offerings. On one hand, there are some insurance firms which are common in the market environment which expresses a new way of providing their services to their clients. In line with technological determinants, HK Insurance market nowadays is being quiker in line with the business standards as well as considers information system for data records management. In addition, so as to cope with the environmental determinants, further consolidation of the HK Insurance market is expected and consideration of insurance products must be given emphasis. Aside from PESTLE analysis, the HK Insurance market will also be analysed through the consideration of Porterââ¬â¢s five Forces model. 1. Suppliers. In the case of the insuranceindustry, speficifically in the current objectives and plans of HK Insurance market, decision-makers of the corporation must have a clear comprehenson of the business dynamics in which employees are directly involved in. Such consider the employeesââ¬â¢ concentration or and core corporate interests, diversity of the products as well as the designs being offered as well as the alternative resources that are accessible for the HK Insurance market in terms of business partnerships. Hence, it is most proper to build winââ¬âwin relationships with employees or have an agreement on the use of multiple employees in array to protect the interests of both ends. 2. Power of BuyersThe power of clients/buyer s describes the implicate clients/buyer s/buyer ss have on an industry. When buyer power is robust, the relationship to the producing industry becomes closer tomarket conditions wherein the buyer has the most influence in shaping the price. In this regard, the insurance company should be able to provide the need of their clients specifically in lique with information system. 3. New Entrants and Barriers of Entry. The plausibility of new corporations entering the industry influences the pace of the industrial competition. Therefore, the key is to analyse the entry technique as well as exit approach of the new player to the HK Insurance market. Although any corporation must be able to enter and exit the sector, each industry presents diverse degrees of complexity influenced by economics. In terms of insurance market. 4. Substitutes. ââ¬Å"Substitute productsâ⬠as those that is accessible in other industries that meet an identical or similar demand for the end user. As more substitutes become obtainable as well as price affordable, the demand becomes more elastic since clients/buyer s/buyer ss have more optonss. The threat of substitutes often implicates price-based competition since substitute products may restrict the capability of corporations within an industry to raise prices and improve margins. 5. Industry Competitors. A considerable number of corporations have developed into an essential part of the period of global competition, increasing enhancement, enhanced corporate paradigms, and corporate restructure. The continuous transition from the conventional corporate framework with its hierarchical corporations to a worldwide, knowledge-founded financial system as well as intelligent corporations demands business management to realign and relocate its techniques (Oliver, 1997). Along with the intense marketing nowadays, corporations are faced with the challenge to sustain their own competitive edge so as to survive and be successful. Techniques and marketing tactics are carefully planned and executed to gain the ultimate goal of all: corporation growth (Porter, 1990). Among the HK Insurance market player the management of each company should be able to sustain their competencies. Reference Oliver, C 1997, Sustainable competitive advantage: Combining institutional and resource-Based views. à Strategic Management Journal18(9): 697-713. Porter, ME, 1980,à Competitive Strategy: Techniques for Analyzing Industries and Competitors, Free Press, New York.
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