Nationalism in Latin American History Free Essays

Patriotism 1. In the wake of neocolonialism, Latin Americans changed the nativist talk of the past to push another patriot social and financial plan. I. We will compose a custom article test on Patriotism in Latin American History or on the other hand any comparable subject just for you Request Now Patriotism 1. Latin American countries had been characterized by their inner decent variety 1. Transculturation 2. Racial blending 2. Europeans had related Latin American distinction with a negative importance 3. Nativism tested this mentality 4. Nativism blurred after freedom 3. New patriotism was another rush of nativism with solid monetary plan 4. Who were patriots? 5. Regularly urban, white collar class 6. Blended race or late settlers . Profited less from send out blast 5. Patriotism tested the alleged prevalence of European culture 8. Reevaluation of Latin American contrast as positive 9. Utilization of nearby social structures to characterize that distinction 6. Study of remote mediation 10. Military intercession 11. Monetary force 7. Ethnic patriotism 12. Contrasts from U. S. â€Å"civic nationalism† 13. Utilizes indications of ethnic character 1. Nourishments 2. Move 3. Dress 1. Celebrates racial blending 1. Adjustment to Latin American condition 2. Some of the time as progress †best of all races 3. Nicolas Guillen . Chief type of Afro-Cuban character 2. â€Å"Ballad of Two Grandfathers† 3. Sonnets some of the time emulated Afro-Cuban discourse 1. Numerous journalists utilize indigenous and Afro-Cuban subjects 1. Alejo Carpentier (Cuba) 2. Ciro Alegria (Peru) 3. Miguel blessed messenger Asturias (Guatemala) I. Patriots Take Power 1. Mexican Revolution 1. Diaz had governed for a long time by 1910 2. Reformers back Francisco Madero 1. Madero looked for just more force for elites in Diaz government 2. Madero was imprisoned and ousted 1. Madero radicalizes, proposes returning indigenous terrains 2. Emiliano Zapata 1. From indigenous network of Anenecuilo 2. Lost land to sugar ranches 3. Partnered his development with Madero 4. His picture †sombrero, mustache, horse †become notorious of Revolution 5. One of numerous neighborhood chiefs moving against the administration 1. Madero goes into banish in 1911 1. Diaz unseated by a general, executed 2. Long periods of change, numerous armed forces battling without a moment's delay 1. Pancho Villa 1. Northern Mexico 2. Armed force involved ranchers, diggers, railroad laborers, oil laborers 3. Altogether different from Zapata’s southern indigenous disobedience 1. Constitutionalists 1. Third development alongside Villa and Zapata 2. Urban, white collar class 3. Drafted another constitution in 1917 4. Increasingly run of the mill of Latin American patriots 5. May be considered the â€Å"winners† of the upheaval 1. Constitution of 1917 1. Article 27 recovers oil rights for country from outside organizations 2. Prepared for towns to recuperate basic terrains (ejidos) 3. Division of enormous landholdings, dissemination to landless laborers 4. Article 123 †work guidelines 5. Constrained benefits of outsiders 6. Checked Catholic church 1. No longer could hold land 2. Cutoff points to number of church . Pastorate couldn't wear clerical garments in the road 4. Pastorate couldn't show elementary school 1. 7. Vanquished Villa and Zapata 2. Fended off Catholic conventionalist â€Å"Cristero† resistance 3. Made single-party political framework 1. Stayed in power as Revolutionary Party for a long time 2. Utilized Villa, Zapata, Madero as its saints 1. Insurge ncy was transformative for Mexico 1. Made new loyalties 2. Consumed a focal space in the national creative mind 3. Two U. S. intercessions included patriot radiance 1. New government activities 1. Street activity diminishes seclusion of provincial regions 2. Land redistribution 3. State funded instruction activity 4. Jose Vasconcelos 1. Priest of Education 2. Praised the â€Å"Cosmic Race,† meaning mestizos 1. Craftsmen Diego Rivera and Frida Kahlo show progressive patriotism 1. Diego Rivera 1. Muralist 2. Delineated Mexico’s indigenous past 3. Painted Ministry of Public Education 1. (I) Images of outdoors schools 2. (ii) Indigenous workers separating land 1. Mexico’s national royal residence 1. (I) Scenes of Tenochtitlan 2. (ii) Depicts Spanish victory as a two-faced bloodbath 1. . Frida Kahlo 1. Little self-pictures 2. Painted while confined to bed 1. (I) Polio survivor 2. (ii) Crippled by an auto collision 3. (iii) Multiple medical procedures 1. Delineated herself with social images of Mexico 1. (I) Traditional haircuts 2. (ii) Folk dresses 3. (iii) Pre-Colombian adornments 1. Patriotism was stylish in the 1920sâ€30s 1. People music (corridos) 2. Mov e (jarabes) 3. Customary dishes (molesâ andâ tamales) 4. Old-style theater (carpas) 5. Mexican movies 1. Patriot development had Marxist hints 1. Kahlo and Rivera joined Communist gathering 2. Soviet outcast Trotsky lived in Mexico 1. Uruguay 1. Foundation 1. Fare blast matched that of Argentina 2. Administered through oversaw decisions 1. Jose Batlle y Ordonez 1. Country’s incredible patriot reformer 2. First term (1903â€07) vanquished political adversaries 3. Expansive help among foreigner working and white collar class of Montevideo 1. Batllismo 1. City and monetary patriotism 2. State activity against â€Å"foreign financial imperialism† 1. Duties to secure nearby business 2. Government imposing business model on open utilities 1. (I) Formerly British-claimed railroad 2. (ii) Port of Montevideo 1. Government responsibility for inns 2. Government possessed meat-pressing plants 3. State-possessed banks 1. 3. Hemisphere’s first government assistance state 1. The lowest pay permitted by law 2. Work guidelines 3. Paid excursions 4. Mishap protection 5. State funded training extended 6. College opened to ladies 1. 4. Batllismo depended on flourishing to continue changes 2. Left rustic Uruguay to a great extent immaculate 3. Forcefully hostile to administrative 4. Attempted to annul administration for a committee 5. Considered a â€Å"civil caudillo† 1. Argentina †Hipolito Yrigoyen 1. â€Å"Revolution of the polling form box† (1916) 1. Radical Civic Union 2. White collar class change party with common laborers bolster 3. First genuinely mass-based ideological group in Latin America 4. Remunerated supporters with open employments 5. Changes less nervy than in Uruguay 1. Utilized patriot talk 2. Didn't fundamentally influence nearness of outside capital 1. 6. Made government office to regulate oil creation 1. Man of the individuals 1. Abhorred, and despised by, urban first class 2. Surrounded governmental issues in moral terms 3. Lived in a straightforward house 1. Dismissed European and U. S. activities 2. Quelled work activity 1. â€Å"Tragic week† of 1919 2. Patagonian sheep herders’ strike of 1921 1. Come back to control in 1928 1. Victor Manuel Haya de la Torre (Peru) 2. Banished from Peru for fighting a U. S. - sponsored tyranny 3. Lived in Mexico, impacted by Mexican Revolution 4. Framed Popular American Revolutionary Alliance (APRA) 1. Universal gathering 2. Protection against financial government 1. Favored the term â€Å"Indo-America† to Latin America 2. Indigenismoâ †patriot accentuation on indigenous roots 1. Jose Carlos Mariategui envisioned indigenous communism 2. Inca models joined with Marxist hypothesis 3. Peruvian culture ethnically split, soâ indigenismoâ was not fruitful 1. APRA 1. Didn't prevail as worldwide gathering 2. Indigenismoâ scared Peru’s Conservatives 3. Mass assemblies against theocracy, colonialism 4. Gathering revolted in the wake of losing an oversaw political race 5. Insubordination squashed, party restricted 1. Ciro Alegria 1. High-positioning APRA activist 2. Fled Peru 3. Wroteâ indigenismoâ fiction 4. Created â€Å"Wide and Alien is the World† 5. Most popular Latin Americanâ indigenismoâ writer 1. Patriots were compelling in any event, when kept from power 1. Colombia 1. Patriots attempted to defeat traditionalist customer systems 1. Unionized urban specialists 2. Provincial theocracies were excessively solid 1. 2. Jorge Eliecer Gaitan 1. Red hot well known pioneer 2. Rose to distinction fighting slaughter of banana laborers at U. S. - possessed ranch 1. Venezuela 1. Oil cash kept pioneers entrentched 2. Famous effort completed by socialist or communist activists 1. Chile 1. Thirteen-day â€Å"Socialist Republic† 2. Patriots on the privilege forestalled combination of an administration 1. Cuba 1. Wide patriot alliance removed neocolonial tyrant 2. Included college understudies and non-authorized armed force officials 3. Fulgencio Batista 1. Driven military component of upheaval 2. Bowed to U. S. impact 3. Patriotism as window-dressing I. ISI and Activist Governments of the 1930s 1. Import Substitution Industrialization (ISI) 1. Global exchange falls during 1930s Depression 2. Latin American makers fill void left by crumbled exchange 3. Started during exchange interruption during World War I 1. Buenos Aires, Sao Paulo, Rio de Janeiro, Mexico City create industry 2. Latin American industry remains for the most part lacking 1. Industrialization gets fundamental to patriotism 1. Monetary activism 1. Setting wages and costs 2. Managing creation levels 3. Defensive work laws 4. Controlled trade rates 1. 2. State responsibility for, utilities, key enterprises 1. Biggest markets profited by ISI 1. Mexico 2. Southern Cone countries 1. Littler markets didn't see a lot of industrialization 1. Poor, rustic populaces 2. Less market for locally delivered items 1. Light industry reacted preferred to ISI over substantial industry 1. Substantial industry required bringing in gear 2. Required steel 3. Just Mexico, Argentina, Brazil, and Chile had steel businesses 1. Brazil 1. Industry outperformed horticulture as level of GDP inside two decades 2. Getulio Vargas 1. Contrasted with U. S. president FDR (Franklin Delano Roosevelt) 1. Put on the map utilization of radio 2. Boundlessly extended government 1. Oligarchic republic starts to crumple in 1920s 2. Youthful armed force officials â€â tenentesâ â€stage representative uprisings 3. Espresso industry in emergency from overp

Corporate Culture and Strategy in an Organization-Free-Sample

Question: Examine about th Corporate culture, structure and system. Answer: E-learning Activities Corporate Culture and Strategy In the wake of doing the action on corporate culture and technique, some significant exercises were found out corresponding to business. Corporate culture centers around the expert qualities a venture embraces that immediate how it speaks with laborers, accomplices, providers and purchasers. The mission arrangement of a business is a summary of how the organization sees its obligation and the influences it uses to accomplish its destinations. Accordingly the corporate culture is an inspiration on how the business cooperates, it influences the production of business strategy. There exists four sorts of corporate societies to be specific chain of command, group, market, and adhocracy (Root, 2015). Every one of these societies depends on the history and target of the company. Besides, the movement assisted with distinguishing corporate societies that restrain the improvement of business methodologies. While culture alludes to how a gathering of individuals or an organization leads its exercises, such idiosyncrasies may later influence the planning of techniques. Taking the case of Zappo, that pay-offs representatives to stop their past occupations, it might be trying to support a hierarchical culture that maintains worker faithfulness for such a firm. Then again, Toyota has executes the seven components of corporate culture to manufacture great hierarchical culture. While it is critical to sustain and keep up an authoritative culture, it affects the methodologies that are created by the enterprise. A culture web is a creating approach that guides organizations to adjust their way of life to their objectives and systems (Myatt, 2012). Following the e-learning exercises of this current week, a portion of the thoughts and exercises scholarly could be applied on an individual and an association level. On an individual encounter, challenges have emerged in attempting to distinguish the way of life that I ought to relate. What is culture to me isn't generally culture to another, along these lines, rising an issue. Notwithstanding, after this movement, a few thoughts were brought into better core interest. To begin with, culture is the manner in which individuals get things done. It's anything but a clear clarification rather whose limits are drawn by the general public. Along these lines, my way of life is the means by which I do undertakings. Also, on a business viewpoint, the way of life that an endeavor embraces influences how the turn of events and usage of methodologies. Later on, I wish to investigate business enterprise. The connection between corporate culture and procedure will be a central component to center . How does this action identify with an association I know? Taking Walt Disney for instance, the partnership has consolidated two corporate culture, market and faction, to guarantee that the general hierarchical culture lines up with its goals. The two culture identify with inward and outer connections. Disney centers around the two its workers and inside structure just as its outer relations, for example, clients and providers. Thusly, it has strived to keep up a harmony between corporate culture and procedure (Bort, 2017). Structure and Strategy Following the exercises from this movement, I grasped that a corporate methodology is its getting ready for the whole company that sets out how the firm will utilize its genuine assets.it is an association of exercises for accomplishing specific objectives and staying in incredible stead with customers and providers. Despite what might be expected, an organizations structure identifies with the manner in which the capacities and units of the business fit. For the organization to convey its plans, the method and the structure ought to be adjusted. In a manner of speaking, various leveled course of action is a definition used to highlight the technique an association considers dynamic framework, consigns tasks to staff and guarantees its workforce works enthusiastically to accomplish a mutual objective. The goal is to avoid task cover and worker chaos, with respect to framing a strong structure for long haul productivity. Undertaking cover is where at any rate two staff individuals com plete comparable assignments in various divisions prompting greater expenses. This manufactures disarray and adds to absence of responsibility and wasteful aspects (Olins, 2010). While structure is significant, it doesn't generally go before procedure. This is on the grounds that an association, particularly during joining, sets up systems at that point distinguishes structures that are lined up with the goals (Kim and Mauborgne, 2009). In any case, after joining most procedures are created to suit the current structure. Holacracy is a framework that disperse the duty of dynamic to various degrees of the order chain. Given the structure, culture and system, an association needs to adjust these three variables to accomplish its objectives (Zheng, Yang, McLean, 2010). As indicated by this action, I distinguished that the structure and systems of an organization ought to be adjusted to stay away from disarray and improve efficiency. On an individual level, these thoughts are significant. Independently, setting up an arrangement on the best way to accomplish individual objectives dependent on the present circumstances is significant. The structure decides how the systems planned will be executed after the current assets. It additionally guarantee that I enhance efficiency and look after responsibility. On an association, this creates to a more elevated level. For instance, Coca-Cola, is a worldwide organization whose goal is to be the main refreshment flexibly. Since it has a created structure, it has planned its methodologies to fit this structure and accomplish its goals. All it business capacities, especially promoting, fund and creation, are coordinated to guarantee that its fundamental goal is achieved (Businesscasestudies.co.uk, 2017). End Subsequent to completing the two e-learning exercises, two fundamental parts of an association are significant. These are culture and structure corresponding to methodology. The previous alludes to how the organization conducts business and its relations with the inside and outer partners. It influences its open picture and the inspiration of its representatives. While culture can be adjusted to fit the procedures, it isn't generally the situation with structure. The last incorporates various societies to accomplish targets and most methodologies identify with the associations culture. References Bort, J. 2017. The 25 Most Enjoyable Companies To Work For. [online] Business Insider. Accessible at: https://www.businessinsider.com/25-best-corporate-societies 2014-8?IR=T/#-18-usaa-8 [Accessed 18 Aug. 2017]. Kim, C. also, Mauborgne, R. 2009. How Strategy Shapes Structure. [online] Harvard Business Survey. Accessible at: https://hbr.org/2009/09/how-methodology shapes-structure [Accessed 18 Aug. 2017]. Myatt, M. 2012. Forbes Welcome. [online] Forbes.com. Accessible at: https://www.forbes.com/destinations/mikemyatt/2012/05/29/culture-versus methodology whats-progressively significant/#66feee5d72f0 [Accessed 18 Aug. 2017]. Olins, W., 2010. Corporate personality: Making business methodology obvious through structure. Harvard Business college Pr. Root, G. 2015. The Impact of Corporate Culture on Business Strategy. [online] Smallbusiness.chron.com. Accessible at: https://smallbusiness.chron.com/sway corporate-culture-business-methodology 21891.html [Accessed 18 Aug. 2017]. Businesscasestudies.co.uk. 2017. The connection among technique and structure - Creating an successful hierarchical structure - Coca-Cola Great Britain | Coca-Cola Great Britain contextual investigations and data | Business Case Studies. [online] Available at: https://businesscasestudies.co.uk/coca-cola-extraordinary england/making a compelling hierarchical structure/the-relationship-betweenstrategy-and-structure.html [Accessed 18 Aug. 2017]. Zheng, W., Yang, B., McLean, G. N. 2010. Connecting authoritative culture, structure, procedure, and hierarchical adequacy: Mediating job of information the board. Diary of Business inquire about, 63(7), 763-771.

Here are the 10 Weirdest Taxes in History - OppLoans

Here are the 10 Weirdest Taxes in History - OppLoans Here Are the 10 of the Weirdest Taxes in History Here Are the 10 of the Weirdest Taxes in HistoryIf you really hate taxes, then may we suggest not getting your bagels sliced in New York City and not wearing a beard in Tsar Peter the Greats Russia.Recently, we’ve been offering all sorts of dreary, serious tax advice articles for everyone in the throes of tax season. Shouldn’t there be at least one article to cut loose and look at the lighter side of taxes?There is! And you’re reading it, buddy. It’s time to find the funny in your financial responsibility to society. The wacka wackas in the W2 forms. The quirks of quarterly filings!But it turns out there aren’t that many funny taxes. So we settled for weird ones instead.Make sure you’ve got all your deductions available, because we’re counting down the Top Ten Weirdest Taxes from Around the World and Throughout History (In No Particular Order)! (Okay, maybe well just go with Ten Weirdest Taxes.)1. The British Hat Tax.England is known for its hats. Or rather, England is known for its hat, singular. Specifically the tall furry one the Beefeater guards who stand outside of the palace wear.Yet those are far from the only hats in England; these days theyre worn all across the whole United Kingdom. But there was a time when hats were considered a mark of luxury and were taxed as such.In 1784, a hat tax was introduced. Hat sellers were required to pay the government for “hat stamps” which were inserted into the inside of their wares. The penalty for forging these stamps? Death.Yes, actually.Hat sellers tried to dodge the tax by renaming their goods, requiring the tax to be amended. It was eventually repealed in 1811, and English heads were free once more.2. The New York Sliced Bagel Tax.New York is known for its bagels. Or rather, New York is known for its bagel, singular. Specifically the tall furry one the Beefeater guards who stand outside the palace wear.Wouldn’t it be funny if we just started every entry that way? No? It wouldn’t be? Ah, wel l never mind then.But New York is actually known for its bagels. What’s less known is that there’s an eight-cent tax throughout the state for getting your bagel sliced, whether or not a schmear is subsequently added. That’s because when the person behind the counter slices the bagel, it’s transformed from a food item you might be planning to bring home to a meal you’re eating in a restaurant.It’s enough to make you say “eh, I’m slicin’ ova he-ah!”3. The Russian Beard Tax.In 1697, Tsar Peter the Great took a trip through Western Europe in disguise. He wanted to study the more “advanced” nations that were currently colonizing and projecting power around the world.When he returned from his trip, he used the knowledge he had gained to reform the Russian military, economy, and general society in ways that allowed Russia to expand its influence. He also came out hard against beards.At the party celebrating his return, Peter opted to shave the faces of all of his gu ests. Beards were not fashionable in Western Europe, and the Tsar saw clean-shaved faces as a sign of modernity. He ruled that beards were no longer allowed.Many throughout Russia objected, however, especially among the Russian Orthodox Church, for whom beards were required. Peter the Great opted for a compromise, charging everyone who desired a beard a progressive tax that was many times pricier for those who could afford to pay more for their facial fuzz.“What about mutton chops?” you ask. We simply don’t know.4. The New Mexico “Being Under The Age of 100” Tax.Most US states charge an income tax of their own, separate from the federal income tax. New Mexico offers a major deduction once you’re over 65 and wipes out your state income tax burden entirely once you turn 100.But is it actually accurate to describe this as a “tax on being under 100?”Yes. Let’s move on.5. The Texas Belt Buckle Tax.Remember when we said that most states in the US levy an income tax? Well , Texas is one of the few that does not! Which means they need to generate revenue through other taxes, like sales tax.And while most clothing items are exempt from sales tax, belt buckles are considered accessories. Cowboy boots are exempt, however. So you can still dress like a cowboy tax-free, albeit with a significantly less shiny midsection.6. The French Salt Tax.You’ve heard about “Let Them Eat Cake” but what about “Let Them Lick Salt?!”The gabelle was a French tax instituted in 1360. It was taxed on various consumer goods, but it came to apply to salt specifically. The clergy and aristocracy were, however, exempt from paying it.Which may be one reason why it showed up on the “Top TK List of Grievances” presented to the Estates-General shortly before the onset of the French Revolution. Then some other things happened. Then the gabelle was repealed.A happy ending for everyone! 7. The Colorado Coffee Lid Tax.Getting your caffeine fix in the “very tall” state ma y require you to choose between risking a hot spill or paying a couple extra cents. Because coffee lids are considered “non-essential” in Colorado, they face a tax should you opt to use one. Given that burn treatments are significantly more expensive, it’s probably worth getting the lid.8. The Egyptian Cooking Oil Tax.Some ancient Egyptian Pharaohs levied a tax on cooking oil. Their subjects were also not allowed to use substitute materials for cooking. The Pharaohs also owned the cooking oil that the subjects had to purchase. Seems a little like an unfair monopoly to us, but we aren’t oil experts.9. The English Window TaxAnother English tax? Yes. But this one wasnt on hats. It was on windows, the hats of the house.Wait, aren’t roofs the hats of the house?That’s a common misconception, but no. It’s windows. Don’t ask us why; we didn’t make the rules.In 1696 the Window Tax was instituted. Like the Hat Tax, it was intended to be progressive, as it was only a tax on h omes with more than ten windows. However, because these homes were often multi-family homes owned by landlords, the landlords would often board up multiple windows so that they wouldn’t have to pay the tax. This had a negative health effect on the poor families living within the building, in addition to being, one assumes, very depressing.Whoops!10. The Tennessee Illegal Drug Tax.More and more states are choosing to legalize marijuana, partially so that they can tax it. Tennessee tried to do the latter with harder drugs without doing the former. A bold move indeed.In 2005, Tennessee passed a law requiring drug dealers to anonymously pay taxes on the illegal drugs they sold. They would receive a stamp from the state revenue office, and then if they were arrested and did not have the stamp, they would be hit with tax avoidance penalties on top of their drug charges.It was struck down by the Tennessee Supreme Court in 2009. We can’t imagine why! It seemed foolproof to us.Anyway, we hope this list was a fun diversion from tax time drudgery. Back to the forms you go! If you enjoyed this article, check out these related posts and articles from OppLoans:The Secret Financial History of VotingHow Have Movie Stars’ Salaries Changed Over Time?Love and Money: A Brief History of DowriesIs There a Secret Money Lesson Hidden In “The Wizard of Oz?”Do you have a personal finance question youd like us to answer? Let us know! You can find us  on  Facebook  and  Twitter.Visit OppLoans on  YouTube  |  Facebook  |  Twitter  |  LinkedIN  |Instagram

Traditional Aboriginal Art As A Communication Tool...

Traditional Aboriginal Art Art has been used as a communication tool throughout Australian aboriginal history. They were utilized to convey knowledge of ancestral pasts and tapping into the spiritual power of their beliefs. In a traditionally oriented Aboriginal society, art was also very valuable. It was placed under such high regards that producing them are being controlled and access to them are restricted to only people of certain status . The body of the artwork are also predetermined. Thus, Aboriginal people do not have the privillige to produced new art but only earned rights to produced preexisting designs. Likewise, Eric Michael also argued that the production of traditional Aboriginal art does not emphasize originality. Therefore, there was no space for individual creativity since Aboriginal artists bear no responsibility towards their own works. . 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Early Life As A Social Determinant Of Health - 1503 Words

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Impact Of The Convict Experience On The Life Of Mary Reibey

Part C – extended response Using all the sources provided and your own research analyse the impact of the convict experience on the life of Mary Reibey. (800-1000 words). The impact of the convict experience would have had a harsh yet inspiring impact on the life of Mary Reibey. Although the experience can’t be straightforwardly analysed as positive or negative, the overall impact can be determined. Mary Reibey’s life began on the 12th of May 1777. At the age of 13, Mary was sentenced and order to be transported to Australia due to her actions the time. Mary was disguised as a boy by the name James Burrow. She was sentenced to seven years transportation; she arrived in Sydney, Australia, on the Royal Admiral in October 1792. This is when the convict experience began for young Mary Reibey. When first analysing the situation that Mary Reibey had gotten herself into, you would initially think about the unfortunate position for such a young girl. Mary’s criminal life and sentencing was caused by an act of horse stealing. Her act of crime was taken action on and two years after her initial sentencing she arrived in Sydney. One of the main factors influencing the negative impact of the convict experience on Mary’s life is the long and strenuous voyage she had to face. Her trip to Sydney aboard the Royal Admiral was one full of harsh treatment, terrible food, filthy and unhygienic conditions and loneliness. In a letter that Mary wrote to her aunt Alice Hope, she spoke about

Business European Journal Of And Management -Myassignmenthelp.Com

Question: Discuss About The Business European Journal Of And Management? Answer: Introducation Medibank Private Limited is the largest private health insurance provider in Australia. It operates in the health insurance industry. It insures and sells its policies under the brand names: Medibank and AHM. It has around 3.8 Million members and covers 29.1% of the market share. It operates as a public listed company on ASX. It also deals in assisting the health insurance business, thereby earning income from its Complimentary Services. Resources are also retained to compensate its regulatory reserves, which generates monetary benefits from its portfolio of investment assets. Regulatory Authority of the private health insurance sector in Australia The private health insurance sector is regulated by Australian Prudential Regulation Authority (APRA) in Australia (APRA, 2018). The organizations operating in the private health insurance sector in Australia have to comply with the APRA rules and Prudential Standards . Also it is mandatory for the private health insurers to provide information under the Financial Sector (Collection of Data) Act, 2001 and its reporting standard to APRA. The organizations have to submit certain forms and follow directions of APRA in this regard (Kokobe Gemechu, 2016). Applicable Financial Framework on Medibank Private Limited The applicable laws and legislations on the Medibank Private Limited are: Auditing and Assurance Standards Board Australian Accounting Standards Board Australian Prudential Regulation Authority Australian Securities and Investment Commission Financial Reporting Council Financial System Inquiry Standard Business Reporting Nature of Companys Operations, its governance structures and its investments The company operates in the private health insurance sector in which it provides health insurance to the people. Along with this, it also provides consultancies for health management and telehealth services for the government and corporate consumers. It also trades in the travel, life and pet insurance products and services. The health insurance business granted 91.6 % of the groups revenue and 95.4 % of the segment operating profit in 2016 (Medibank, 2016). The amount of revenue amounted to 91.9 % whereas the segment operating profit decreased to 93.3 % in 2017 (Medibank, 2017). From the overall income earned by the group in 2016 and 2017, the resident health insurance policies sold to the retail and corporate consumers contributed to 97.8 %. In 2016 and 2017, the investment portfolio was $2.5 Billion comprising of cash and other investments. It provides sufficient cash to cover the insurance obligations and the mandatory reserves to meet claims related to the Health Insurance business (Medibank, 2017). The governance structure of Medibank Private Limited is as follows: Audit committee- It supervises the financial reporting Risk Management Committee- It assesses the organizations present and future risk management. Investment and Capital Committee- It controls the investments and capital management events. People and Remuneration Committee- It supervise the policies related to remuneration and people. Nomination Committee- It controls the overall board and committee membership and hierarchy of the organization. Apart from the committees, the Chief Executive Officer and Executive Leadership Team are accountable for the performance of the company. According to the Medibank (2016) the net income after tax in 2016 amounted to $417 Million while in 2017 it was $ 452 Million. The total assets amounted to $ 3266.2 Million in 2016, while in 2017 it was $ 3462.5 Million (Medibank, 2017).The total liabilities amounted to $ 1578.7 Million in 2016 while in 2017, it was $ 1742.7 Million. The total equity which comprises of Contributed Equity, Reserves and Retained Earnings amounted to $1578.7 Million in 2016 while in 2017; it amounted to $ 1719.8 Million. The organizations investment portfolio comprises of 25 % /75% for growth and defensive assets respectively. The company invests in listed and unlisted securities which are quoted at their fair value. Application of Accounting Policies in Medibank Private Limited The financial statements of the entity are authorized to be issued according to the resolution of the directors. They are prepared for the consolidated entity (Group) comprising of Medibank and its subsidiaries. The statement of accounts has been prepared according to the Historical Cost Convention except the financial assets, land and building and liabilities quoted at their fair value or market price. Also it follows different accounting policies according to its various segments. Entitys Objectives The organization has set the following objectives for achieving better health for the human community as a whole: It aims to diversify the Medibank and AHM products to distribute the best services and consultancy to its consumers. It focuses on developing and offering the leading services to its customers. Also as a part of its corporate social responsibility, it invests $ 4 Million towards childhood obesity. The Medibank Better Health Foundation focuses to develop health awareness in the society. It has evolved ecofriendly policies as it believes that a healthy environment can create healthy humans. It has endeavored to develop the green space in urban areas up to 20% by 2020(Medibank, 2018). Assessment of related Business and Financial Risks The substantial business risk which could influence Medibanks business activities are as follows (Auditing and Assurance Standards Board, 2013): Competition and retaining of consumers: The emergence of new firms, with their partnership with the existing firms can pose a threat to companys existence in the market. The private health insurers and assessment websites compete to retain the consumers regarding price, products, service and channels which results in the diversion of the customers. Health care prices and utilization: The increase in the health care costs can have an impact on product margins. This can lead to reduction in the value of products. Change in the legislations: The change in the government policy and legislations may affect the regulatory incentives, resulting in the decrease in the number of members. Product pricing and design: The products design and prices are subject to governments approval. So, if there is a change in the governments policies, it can pose a threat to the products value. Inappropriate claims: Inappropriate claims may arise due to frauds or errors resulting in the entitys outflow. Capital Management and Investment Returns: The portfolio is subject to market risks which can influence the value of the investment and income volatility. Loss of Healthcare Agreements: Non-fulfillment of the health care agreements may result in poor consumer experiences, loss of brand value and market share. Loss of data: There may be loss of data, procedures and mechanisms in the organization. Also, it may be influenced by cyber-attack (Ridha Alnaji ,2015) The Financial Risk comprises of the following risks: Market rate risk: It comprises of the risk resulting from the variations of fair value or future cash flows of the financial instruments, resulting from the variations in the market prices. It has the following parts: Interest rate risk: The fluctuations in the market interest rates resulting in the variations in the future cash flows is the risk of interest rates. The company is facing the risk of variations in the interest rates in the cash and cash equivalents and fixed income investments. In 2016, $1883.5 Million of the financial assets were exposed to Australian variable interest rate risks (Medibank, 2016). In 2017, the number increased to $ 2167.1 Million (Medibank, 2017). Foreign currency risk: The risk influencing the variations in the foreign exchange rates results in the foreign currency risk. The companys is facing transaction currency exposures, emerging from the purchase in foreign currencies. They comprise of dealings from operational cost within the business and purchase of foreign currency denominated instruments .In 2016, the financial instruments exposed to foreign currency risk amounted to $ 91.6 Million (Medibank, 2016). In 2017, the number decreased to $ 76.4 Million (Medibank, 2017). Price Risk: The risk resulting from the variations of the market prices of the fair value of future cash flows of financial instruments is price risk. The entity is subjected to equity price risk comprising of investments in the infrastructure, property and Australian and international equities (Otieno Nyangechi , 2013). Credit risk: The risk arising from the possible defaults of counterparty is termed as credit risk. The company is facing the credit risk to the amounts equal to its financial assets consisting of cash and cash equivalents and the financial assets at a fair value. Liquidity Risk: The risk faced by the company where it confronts the problems in arranging funds to fulfill its commitments associated with financial instruments. It may result from incapability to sell the financial assets at their fair value, failure of the counter party to repay its contractual liabilities or the company is unable to arrange the funds or an unexpected insurance liability due for payment (Deloitte, 2017). In the overall liquidity risk, the financial assets consist of property, plant and machinery and investments in working capital (OECD, 2014). Identification of Account Balances Subjected to Risk of Material Misstatement Specific account balance (i) (ii) (iii) Name of the account balance Liquidity Risk Credit Risk Price Risk (a) Explain why the account balance is at significant risk of material misstatement. The firm is facing the risk of raising funds to fulfil the obligations concerned with financial instruments. So, it may manipulate the accounts receivables by liquidating them and thereby increasing the amounts of cash and cash equivalents (PWC, 2016). The firm is facing the risk of possible defaults by counterparty, thus it is subjected to the risk of material misstatements. The firm does not have any financial mechanisms to lessen the credit risk .Also all the instruments are unsecured. The management can alter the amounts of the financial assets and project false accounts in the financial reports to show that it applies certain measures to mitigate the risk. The firm is facing the risk of fluctuations in the fair value of the financial instruments .It occurs due to variations in the market prices. As the firm is subjected to price risk in the fixed income investments due to changes in its credit spreads. The management can falsify the value of the investments which are influenced by the price risk. It can manipulate the value of equities in the financial statements (Flynn, 2016). (b) Explain the key assertion at risk of not being valid. Existence - The auditors believe that the amounts of the resources and financial obligations do not exist as stated in the books of accounts. Completeness- The financial events have not been recorded and the revelations are not made in the books of accounts. Accuracy- The auditors have a doubt on the valuations of the assets and liabilities (ACCA, 2016). (c) Detail one (1) relevant substantive audit procedure to address the assertion at risk as identified in b) above. Planning: According to KPMG (2015),the auditors shall analyse the possible risks and frauds by contrasting the various amounts related to accounts receivables. Testing Controls and transactions: The auditors shall evaluate the internal controls and examine the appropriateness of the dealings. Testing Balance: The auditors shall examine the companys performance by using the financial ratios and statistical sampling (ICPAK , 2017). (d) Detail one (1) relevant practical internal control that would mitigate the risk in relation to the assertion at risk as identified in b) above. Reconciliations: Sudden accounting reconciliations can guarantee that the balances in the companys books can match with those of the other entities (KPMG, 2018). Trial Balances: With the help of double entry book keeping system, the reliability regarding the balancing of books of accounts can be ensured. Approval Authority: Specified managers should be allocated the various responsibilities regarding the authenticity of transactions (AICPA, 2014). Conclusion To, conclude, the auditors PricewaterhouseCoopers have conducted an analysis of the financial statements of Medibank Private Limited regarding the assessment of its environment and business risks. It has evaluated its various account balances and stated the results pertaining to its study. They have identified the various risks of substantial mismanagement which can be minimized with the help of key audit procedures (PWC, 2017). The auditors have reviewed various audit policies and procedures complied by the firm with respect to the rules and regulations of the APRA and other legislations as mentioned in the above paragraphs. Also the firm follows the Corporate Governance Principles and has formed various committees for better administration and accomplishment of its strategies and objectives. Also, the environment in which the organization operates is full of vulnerabilities and market fluctuations. So, the auditors have observed all the accounting policies of the organization and with the help of various audit procedures and assertions; they tried to regulate the risks of material misstatements. References ACCA(2016). The Audit of Financial Statement Assertions. Retrieved from https://www.accaglobal.com/in/en/student/exam-support-resources/fundamentals-exams-study-resources/f8/technical-articles/assertions.html# AICPA(2014). The Importance of Internal Control in Financial Reporting and Safeguarding Plan Assets. Retrieved from https://www.aicpa.org/content/dam/aicpa/interestareas/employeebenefitplanauditquality/resources/planadvisories/downloadabledocuments/plan-advisoryinternalcontrol-hires.pdf APRA(2018). About APRA. Retrieved from https://www.apra.gov.au/AboutAPRA/Pages/Default. Auditing and Assurance Standards Board (2013). Auditing Standard ASA 315 Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment. Retrieved from https://www.auasb.gov.au/admin/file/content102/c3/Nov13_Compiled_Auditing_Standard_ASA_315.pdf Deloitte(2017). 2017 Insurance Regulatory Trends. The Wall Street Journal. Retrieved from https://deloitte.wsj.com/riskandcompliance/2017/03/21/2017-insurance-regulatory-trends/ Flynn, K.(2016). Financial fraud in the private health insurance sector in Australia: perspectives from the industry. Journal of Financial Crime. 23(1).143-158. ICPAK (2017).Conducting Risk Assessment Auditing the Internal Control System. Retrieved from https://www.icpak.com/wp-content/uploads/2017/03/RISK-ASSESSMENT-AUDITING-ICS1.pdf Kokobe, S.A. Gemechu, D.(2016). Risk Management Techniques and Financial Performance of Insurance Companies. International Journal of Accounting Research.4(1). KPMG(2015). Audit quality . Retrieved from https://assets.kpmg.com/content/dam/kpmg/pdf/2016/03/audit-quality-report-2015.pdf KPMG(2018). Internal controls over Financial Reporting. Retrieved from https://home.kpmg.com/be/en/home/insights/2017/12/internal-controls-over-financial-reporting.html Medibank(2016). Annual Report 2016. Retrieved from https://www.medibank.com.au/content/dam/medibank/About-Us/reporting-centre-2016/Annual%20report/Medibank_Annual_Report_2016.pdf Medibank(2017). Annual Report 2017. Retrieved from https://www.medibank.com.au/content/dam/medibank/About-Us/pdfs/MPL_Annual_Report_2017.pdf Medibank(2018). Corporate responsibility : Our Approach. Retrieved from https://www.medibank.com.au/about/corporate-responsibility/community-fund/ OECD (2014). Corporate Governance: Risk Management and Corporate Governance. OECD Publishing. Otieno ,S. Nyangechi ,E. O. (2013). Effectiveness of Internal Control Procedures on Management Efficiency of Free Primary Education Funds: a case of Public Primary schools in Kisii central District, Kenya. Journal of Sociology and Social Work. 1(1).22-41. PWC(2016). Aligning Growth and Risk. Retrieved from https://www.pwc.com.au/pdf/how-enterprise-resilience-can-help-drive-growth-in-financial-services.pdf PWC(2017).Understanding a financial statement audit. Retrieved from https://www.pwc.com/im/en/services/Assurance/pwc-understanding-financial-statement-audit.pdf Ridha, M. B. Alnaji , L. (2015). Analysis and Measurement of Risks in Business: A Case Study on the Jordan Valley Authority. European Journal of Business and Management. 7(9).

National Jazz Hall free essay sample

This would also allow the NJ to sponsor jazz festivals, workshops and scholarships. The museum would be used to remember great Jazz artists, serve jazz enthusiasts along with education he public on the Importance of Jazz in American culture and history. Question 2 The stakeholders in this project begin with Mr.. Rutland himself. After that, some of the other stakeholders Include the board of directors for the INCH, the City of Charlottesville departments renovating the historic district of downtown Charlottesville, the consultant hired by the board, other tourist attractions in aroundCharlottesville and in Western Virginia, they include Monticello, James Monomers house, and the University of Virginia. Other stakeholders would be the contractors employed to renovate the Paramount, possible donors to the project, they could be private as well as governmental such as the National Endowment for the Arts, and the National Endowment for the Humanities. The potential jazz performers that are potential members of the NJ are also very important stakeholders. We will write a custom essay sample on National Jazz Hall or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page If this is not a highly recognized and reputable hall of fame, some of these Iconic Jazz musicians will not want to be members of the organization. Finally, Jazz fans as a whole are key stakeholders as well. Without them, there would not be a need for this type of attraction. Question 3 There are three major issues facing Mr.. Rutland and the NJ. They are: 1. Fund raising, 2. Building and leading a professional team to complete the project. 3. Marketing In order to promote the NJ and gain national recognition.In order to successfully address these issues the following skills will be needed: Good communication skills Since the PM will be dealing with many different type of people, groups and audiences, they will need to be able to communicate effectively n all of these different levels. They need to communicate with government entities In order to secure the necessary permits and Inspections once the theatre is set to be renovated. They will have to speak with philanthropic groups In order to raise private funds for the renovation of the theatre along with donations to run the NJ. OFF such as the National Endowment for the Arts. For issue two, the PM will be the team leader and have to communicate well with each group of the project team. They will have to work with the different teams to create the renovation plan. Once that is one, they will have to work with many different contractors to secure bids before deciding on who will complete the renovations. Other groups that the PM will have to communicate would include the finance team, the procurement team and the budget team. As for issue number 3, the PM will have to work with several marketing firms who specialize in the work needed for the NJ to establish national recognition. They will have to meet with many different firms in order to select the best one for the NJ. Once that group is selected, the PM will be the interface to that group for the project. Communications with this group will of course be vital to the longevity of the NJ. Ability to command respect The PM needs to be to command respect from every group involved in each aspect of the project.Without respect, none of the groups will be encouraged to complete their assigned tasks. Also, without respect the project as a whole will not have any credibility. It is this respect and credibility that will help generate private and government funding. Also, if there is no respect in the project, the NJ will not gain any respect in the Jazz community. Without that, why would any of the potentials Jazz musicians want to be member of this hall of fame? Conflict Resolution skills this is a basic skill that every PM must have. Without it, no project would move forward.In this project, the conflicts could be many for all three issues. If the PM cannot resolve the conflicts that will arise from the renovation of the theatre alone, the other two issue will never come to fruition. Good knowledge of project management principles Of all of the PM principles, risk management is key in this project. If you look at issue two, fundraising, what happens to the project if a major source of funding becomes compromised? One real world example is the Boy Scouts of America. They received almost of their annual budget from a donation by the American United Way.A few years ago, the United Way reduced their donation significantly. The BAS now receives only one percent of its budget from that organization. It was real blow to their ability to maintain their year round projects. In order to recoup this budgetary loss, they established the Friends of Scouting project. They now solicit donations from the parents of Scouts, former Scouts and other companies and non-profit organizations to fulfill the gap. The PM for this project will have to have contingency plans in place like the BAS has done.Be comfortable in an uncertain environment This is a huge, multifaceted project that a PM can understand every aspect. The PM for this project needs to be able to manage well the pieces they know very well and have the ability to manage the pieces they are not so familiar with. They need to put the right people in place for the aspects of the project they are the least familiar. Say the PM is strong in construction but weak in fund raising, they need to find a good fund raiser and someone who is good with marketing. Question 4 I feel that Mr.. Rutland does have credibility.He is a professor of History at the University of Virginia. I dont think that he would have been able to have had Jazz didnt feel that Mr.. Rutland and the board of directors he established were credible. Having two famous Jazz musicians like that on the board definitely adds credence and credibility to Mr.. Rutland plan. Is Mr.. Rutland a leader? A leader is defined as interpersonal influence, exercised in situations and directed through the communication process, toward the arraignment of a specified goal of goals. Mr.. Rutland has shown that ability in the first year of building the NJ. Mr.. Rutland came up with the NJ and locating it in Charlottesville, VA. He enlisted the help of his fellow Jazz enthusiast, and created the board of directors for the hall of fame. After that he found a possible building location that, by name, has ties to the famous jazz era of the sass and 19402 in New York City. This would give the NJ a headquarters with a credible and recognizable name. After establishing the board, Mr. . Rutland went out to generate funds for the hall by applying for grants from philanthropic groups along with various government agencies.They were denied for two reasons, inexperience of the board members and the brevity of their existence. This could not be construed negatively toward the board or affect their credibility. Mr.. Rutland also understood that the NJ would need visitors to help generate revenue to continue the halls existence. He found that over half a million people visit the Charlottesville area to see many other attractions. He knew he had to work with the various venues and tourist organization to help promote the NJ as a viable attraction. Finally Mr..Rutland showed his leadership in hiring a consultant to help answer two questions. One, what is the interest level of the respondents for Jazz and the establishment of a National Jazz Hall of Fame. The survey was conducted on a national level and on a local level. This allows Mr.. Rutland to find out if people were actually interested in a Jazz Hall of Fame and if they would attend, Jazz music as a whole, if people would be willing to donate money to such an organization, what services and events they would expect from the hall and what the average person interested in such a place would be willing to pay for admission.This gave the board n idea of what kind of funding they could expect from eh public through donations and admission fees. Question 5 The cultures relevant to this project are the African-American, Cajun, Africans, and American. Jazz was influenced by different cultures and sub-cultures. The music also has roots in the development of other music movements around the world. In the US, Jazz has influenced, the Blues, RB, Mouton, Dixieland, Classical and Country music. Jazz is a melting pot of music as well having its roots in other genres.The project environment for the National Jazz Hall of Fame was a struggle to get off he ground, but was met with great enthusiasm. After the first year, even though they had many setbacks due to difficulties raising contributions from outside sources and finding out they needed at least $600,000 to renovate the theatre, Mr.. Rutland and the board felt the project showed promise. Mr. . Rutland did not seem to give up, but found other ways to promote and endow the NJ. He tried to utilized the local tourism outlets, the NJ promoted concerts to raise money and awareness. Mr..Rutland visited other halls of fame to gain ideas and insights into their success. He interest the public would have for a Jazz hall of fame. Question 6 Mr.. Rutland should do the following: Budget- Philanthropic organizations Since they had difficulties raising funds from these types of organizations due to a lack of experience on the part of the board, they need to hire an executive director with fund raising experience. This will give them someone with the proper background that these organization are looking for and a higher level of credibility. This will help solidify them as a true purveyor off hall of fame for Jazz.Government Agencies Once they have a qualified executive director ND have been established for over two years, they should reapply for government funds from groups like the National Endowment for the Arts. They will be able to get enough funds so that they may even begin to renovate the theatre. Donations The survey showed that they could receive an average of $23. 40 per donation. They should pursue a low cost way of garnering these donations in order to increase their bottom line. The survey targeted individuals over 35 years old with an income of $50,000+. Perhaps they can target other age and income range along with woman.Memberships These are an excellent way to raise money. You can usually provide a few low cost incentives to individuals and they will pay a little more of an admission fee to benefit from those perks. However, at this time, without an actually facility for the hall of fame, memberships may be something they should wait on. It was recommended that they pursue Founding Memberships. This would be a more viable option until it is decided on where the actual NJ will be located. Everyone likes to say that they were the first ones to be involved in a new endeavor. Visitors The survey found that the average admission fee could be $3. 0. This is a good price engendering how many tourists visit the Charlottesville area. Again, until a facility if build and functional, this idea should be set aside. Budget Expenditures. The Paramount Theatre is the NSF largest expenditure at $600,000. Other expenditures are the cost of the surveys. Future costs will be setting up the Founding Membership accounts, the regular memberships (if any), the salary of the executive director and all of the operational costs of an office for that individual. There will also have to be a budget for correspondence, fliers for concerts and workshops, etc.A Travel budget or the executive director will be required as well. Performance: service/activities The NJ will have to continue to sponsor concerts and workshops. This will help them promote their mission along with getting their name out there. Offering a scholarship will help as well. This would also help gain credibility with the National Association of Jazz Educators. Competition The NJ needs to work with their competition. This will allow them to learn about how they are doing things. What works and what does not. It could also give them an opportunity to create an association with other hall of fames.

Tips for Writing the Best London Business School Mba Essay Essay Example

Tips for Writing the Best London Business School Mba Essay Essay Example Tips for Writing the Best London Business School Mba Essay Paper Tips for Writing the Best London Business School Mba Essay Paper Different people write mba application essay in different ways. Some of them pay attention to setting up a business plan, a business financial plan, business marketing plan. But our recommendation would be to follow our mba application packages. The following requirements characterize the structure of the business school essay: The author presents his point of view in the form of the abstract thesis. The thought must be backed up by evidence – that’s why arguments follow thesis (arguments). Thus, business school programme acquires an annular structure (the number of theses and arguments depends on the topic, the chosen plan, the logic of the development of thought): 1.Introduction. 2.Main body: thesis, arguments (1); again thesis, arguments (2); -and again thesis, arguments (3); 3.Conclusion. During writing business school programme, it is important to consider the following points: -The introduction and conclusion of consulting our mba should focus attention on the problem. -It is necessary to highlight paragraphs, red lines, and establish the logical connection of application essay questions: thus the integrity of the work is achieved. -Style of presentation: emotionality, expressiveness, artistic nature characterize the optional essay. Experts believe that one can provide the proper effect by short, simple, diverse intonation sentences, the skillful use of the most modern punctuation mark a dash. However, the style reflects the peculiarities of the person; it is also useful to remember about it. Essay questions london for your paper Before you start writing school mba, focus your attention on the following essay questions. Common knowledge is that the answers to such questions will help you realize which aspects it is better to clarify in writing: 1.Affecting your personal qualities or abilities in the essay, ask yourself: Do I differ in quality from those I know? What did this quality manifest? About the activity you are engaged in: What made me take up this kind of activity? Why did I continue to do this? 3.About every event of your life that you’ve mentioned: Why do I remember this particular event? Has it changed me as a person? How did I react to this? Was it a revelation for me; what have not I suspect before? 4.About every person you mentioned: Why did I call that particular person? Do I want to become like he? What qualities do I admire? Have they been told something that I will remember all my life? Did I review my views? 5.About each of your preferences and what you do not like: Why do I like or do not like it?   Has this circumstance affected to a large extent my life? 6.About every one of your failures: What did I learn as a result? What useful thing did I get out of this situation? Application essay classification You may write your london business school essay in the next formats: 1.From the point of view of the contents of the essay editing: philosophical; literary-critical; historical; artistic; artistic and journalistic; spiritual and religious, etc. 2.According to the literary form, the school mba appear in the form: reviews; lyrical miniature; notes; diary pages; letters and other. 3.Also they distinguish: descriptive; narrative; reflexive; critical; analytical and others. In this case, we base the compositional features of the work on the genre of the focused mba essay. Finally, we can present the classification of the mba in   two large groups: -personal, subjective essay, where the main element is the disclosure of one or another aspect of the authors personality. -application packages, where someone subordinates the person to the subject of the description or some idea. Essay tips you need to pay attention to It is possible to highlight some common features (genres) of the business school essay, which you can find   in encyclopedias and dictionaries: 1.A small volume. Of course, there are no hard borders. The volume of the optional london business school essay is from three to seven pages of computer text. For example, the Harvard Business School often writes essays just on two pages. 2.A particular topic and emphasized the subjective interpretation of it. The theme of the business school optional essay is always specific. The essay cannot contain many themes or ideas (thoughts). It reflects only one option, one thought. And develops it. This is the answer to one question. 3.A free composition is an important feature of business school education essay. Researchers note that such structure of essay does not tolerate any formal frameworks. It is often built contrary to the laws of logic, obeys arbitrary associations. 4.The ease of narration. It’s important to the author of the paper to establish an open style of communication, the information you believe with the reader. If you want to be understood, you need to avoid deliberately complicated, obscure, unnecessarily rigorous constructions. Researchers note that a good essay can be written by one, who is fluent in the topic. Sees it from different sides, and is ready to present to the reader not an exhaustive. But a multidimensional look at the phenomenon, that has become the starting point of his reflections. 5.The propensity for paradoxes. Mba goals are intended to surprise the reader (listener) this is, according to many researchers, his essential quality. The starting point for reflections embodied in the essay is often an aphoristic, vivid statement or a paradoxical definition. It   literally confronts, at first glance, indisputable, but mutually exclusive statements, characteristics, theses. Two more tips 6.Internal semantic unity. Perhaps this is one of the paradoxes of the globally focused mba genre. The essay is free in composition genre, oriented to subjectivity, has an internal semantic unity, and at the same time, the consistency of key theses and assertions, the internal harmony of arguments and associations, and the consistency of those judgments where the author expresses his position. 7.Orientation to conversational speech. It is necessary to avoid using slang in the application essays, template phrases, word cuts, too frivolous tone. If you feel that it’s a bit hard for you to write london business school mba essay on your own, we want to mention that there is always someone ready to help. https://paperap.com/ is one of the most popular services of writing any kind of essay at any time you want.

The effects of alcoholism Essay Example | Topics and Well Written Essays - 750 words

The effects of alcoholism - Essay Example Alcoholism causes an individual to be dangerously irresponsible in his personal life. The individual looses significance of life. Every day, millions of people die in road accidents and a vast majority of drivers in countries where alcoholism is legalized are drunk. Driving while drunk is as dangerous for others as it is for the drinker himself. Drinkers drive despite knowing the danger associated with this practice. This fundamentally reflects their non serious attitude towards life. An individual who gets non serious about his life to such an extent can not be expected to fulfill his responsibilities as a father, son, brother or husband. Once an individual gets addicted to alcoholism, there is little others can do to make him retreat from the habit. Instead of becoming a helping hand, a drinker is essentially undue weight for the family to bear. Thus, alcoholism puts the thread of relationships on fire, and the drinker becomes isolated. In isolation, he feels suffocation and loneli ness. This becomes the fundamental cause of their attempt to break free of the prison of life and they tend to commit suicide. Thus, the problem starts with unusually irresponsible attitude and finishes with the end of life of the drinker. Alcoholism causes great economic loss to a country, because of the unprofessional attitude of the drunken employees. Alcoholism does not at all go with the requirements of professional life. In profession life, an individual is required to be punctual. Alcoholism saps the individual’s ability to get up early in the morning for work when he drank heavily in the night before. Professional life requires an individual to dress up nice and smart. Alcoholism leaves an individual with little sense or understanding of what is smartness and what it means to be smart! Also, owing to the high carbohydrate content in alcohol, drinkers acquire obesity that otherwise, ruins their looks. Most of the drinkers are obese and big bellied. Thus, alcoholism sap s an individual’s ability to appear smart. Professionalism requires an individual to be agile, active and present minded whereas most drinkers appear at work preoccupied with thoughts of disgust and discontentment with life. Alcoholism makes people lazy and laggard. Their emotional disturbance does not accord with the attitude required for work. All of these factors jointly work to make a drinker malfunction at work and decline his productivity which ultimately affects the organization as a whole. This results into reduced margin of profit. The business becomes less profitable. In fact, the owners may incur great financial losses because of poor performance of the alcohol consuming employees. In the bigger picture, the whole country is affected because of reduced Gross Domestic Product (GDP). Alcoholism puts an individual into social exclusion. Alcohol consuming employees are quite likely to be fired because it does not take long for an individual to reveal that he consumes a lcohol. It becomes obvious from his habits, attitude and dealing with coworkers and managers at work. Soon as this is realized, a prudent manager who is concerned about his organization’s reputation and success does not tolerate such employees and fires them. This not only leaves a drinker unemployed, but also ruins his social life. The drinker looses friends. People tend to remain at distance with a drinker because the sort of company they keep directly affects their own reputation in the society. Thus, a drinker is

Disadvantages of Social Networking at the Workplace Research Paper

Disadvantages of Social Networking at the Workplace - Research Paper Example In places of work, this can cause many problems in relation to wasted resources, lack of concentration, lost productivity, unhealthy employee relationships as well as tarnishing of the image of a company. Disadvantages of Social Networking at the Workplace The first major disadvantage of social networking in the workplace is that it leads to reduced Employee Productivity. Considerable research has revealed that due to the demands of social media and the excitement accrued by social networking, most employees will spend more time on the social media sites rather than do productive work. Most of the time, employees entangled with social networking will not often concentrate on their work. They will concentrate more on the social networking. This is because they need to make new friends, share some experiences or reply to some messages. In the long run, the quality of work delivered by such employees becomes very poor thereby reducing the productivity of the entire company. This can cau se the company to undergo enormous losses. In addition to spending less time in productive work, such the presence of social networking may cause the employees to loose concentration in their work. In some cases, the employees have internet connection in their offices. This causes some of them to get in to the social networking sites while they work. ... For instance, an employee might decline out of office responsibilities where he cannot access the internet. The other disadvantage of social networking in places of work involves generation of unhealthy employee relations. In most cases, the employees will interact more in the social media than they do in the open. In this case, some employees within a company might hurt others in the same company. For example if a particular employee feels that another employee has taken up his or her position in the company, he or she may want to sent hurtful messages to the other employee through social networking sites. In some instances, such hurtful and abusive messages may be addressing the affected employee indirectly. In other occasions, a junior employee may send bad messages though the social networking sites concerning his boss. This can hurt the boss in a great way. Unhealthy employee relations may also accrue from issues related to promotion and prestigious positions in a company. For e xample, one employee might feel that his fellow employee receives favors from the management including undeserved promotion. The other employee can pass messages to all other employees of the company through the social networking sites concerning the issue. In most cases, the messages passed through these social networking sites are often rumors and therefore can tarnish the names of people. It might be impossible for such a person to tarnish the name of his fellow employee by word of mouth. Most people will view the social networking sites as good avenues to pass rumors concerning people that they hate or dislike. This means that rather than social networking strengthening employee relationships in the workplace, it actually destroys these

Australian Wine Industry Essay Example for Free

Australian Wine Industry Essay In addition, this trend is enforced by a global economy with increasing free trade, international business collaboration, strategic alliances and a global currency. Geographically Australia is well placed to capitalise on the Asian boom and wine meets the Asian demand for Western style products. As for the domestic market, despite the fact that there has been minimal focus on developing new wine consumers during the last ten years, domestic sales have continued to expand in value rather than volume. Population growth in prime wine consuming age groups, the emerging generation who has grown up with wine consumption, the changing demographic profile of the Australian population, growth in the dining out market, increasing popularity of the Mediterranean diet, tourism growth and the quest for more individualised beverage experiences are significant opportunities exist for increasing domestic wine consumption. 1. 1. 2 Economic conditions Although a decline in the value of the Australian dollar inhibits profitability and the ability of Australian winemakers to hit key price oints, it helps to stimulate the other countries to import Australian wine because of lower price Increase in demand for wine may be attributed to the following economic factors: changing living standard, changes in the relative price of wine to other goods and services, the introduction of fringe benefits tax and the modification of sales tax to wine and other beverages. 1. 1. 3 Social and cultural trends Although nowadays, there is a strong trend away from alcohol beverages and alcohol consumption, quality table wine still be a favourite one for consumers. The image of a man drinking wine, bottles to bottles until get drunk is no longer seen. People do not drink wine in quantity but prefer quality alcohol. Sales in cask wine decline whereas profits in bottled semi-premium or premium wine increase. The reason for this can be explained by: Quality table wine has its own image and status, engenders high consumer involvement, provides variety, and has a range of flavour complexity. It is therefore a stronger alternative to other non-alcoholic beverages (soft drinks, bottled water, fruit drinks and coffee) than is beer or spirits. Quality wine has acknowledged health attributes. Recent research showed its effects in reducing cardio vascular disease. People look for more spiritual meaning in their lives. They favour healthy products, healthy lifestyle and show environmental concerns. Media, advertising, transparency, and openness in marketing. Many of these trends favour the Australian wine industry. Wine will meet the future consumers dem and for individualised, customised products which are natural, environmentally friendly and healthy. 1. 1. 4 Political and legal forces The Australian wine industry has set a target to be the worlds most influential and profitable wine producer in the Year 2025. It is supported by government in terms of providing a positive investment climate and facilitation infrastructure. Taxation Certainty in the retention of the current taxation level and structure for wine and brandy Review the method for valuing trading stock, particularly the maturation of wine stocks geared to premium wine production Maintain the current vineyard depreciation provisions Vary other taxation provisions which inhibit growth or prejudice quality. Facilitation Maintain support for industry research and development Enhance support for wine export promotion Upgrade Government contributions to training and to strategic data collection Continue the commitment to industrys pro market self regulation Adopt appropriate water access and pricing policies. 1. 1. 5 Technology Technology is of vital importance to Australia wine industry. It can help to improve productivity, economic of scale, efficiency and quality of products. In addition, the industry is also strongly committed to environmentally friendly production.

Backpacking: A Different Way Of Camping Essay -- essays research pape

Backpacking: A Different Way of Camping What is camping? To most people, it is perceived as a time to pack up the car, drive to local camp grounds, and spend the weekend in the great outdoors. It is a time to frolic with family and friends around a campfire, singing songs, playing games, and roasting marshmallows while listening to ghost stories that can only be heard while camping. However, to the avid backpacker, camping takes on a different perspective. While experiencing the great outdoors is very similar to car camping, backpacking is very different in many respects. Preparation for backpacking and car camping and the locales where one can set up camp are very different. In either case, experiencing the great outdoors and its natural beauty cannot be surpassed. With car camping the only real limitation is one's vehicle. A person is limited to the vehicle's capacity to carry or tow. For example, a camper will bring a stove, a twelve man tent, two coolers of meat and potatoes, five gallons of water, and maybe tow a camper. On the other hand, when backpacking, the circumstances are very different. One is limited to his or her own capabilities: the amount of weight that can be carried, endurance levels, just to name a few. Provisions must be carefully measured. If overloaded, it can affect performance while hiking to one's destination, but if not enough provisions are carried it, will impact how long one can last out in the wilderness. The equipment must be minute in size...

How to solve high employee turnover rate in a retail company or retail business? Essay

Introduction The problem of high turnover employee rate is quite a spread problem that most businesses have been facing for years. Employee turnover has a negative influence on the efficiency of business, profits, customer service and satisfaction from customers in different businesses and industries. The recent study made by Roper Starch Worldwide, Inc. and Unify Network in a wide range of industries and businesses showed a strong link between employee retention and the satisfaction from the service quality got by the customers. As the research was based on the analysis of 3005 interviews it has quite strong facts and conclusions. â€Å"The negative effects of the increase in employee turnover are no longer being felt exclusively by the human resource managers,† said Tom Casey of Unify Network’s talent management practice. â€Å"It is apparent that consumers are directly impacted by turnover as well,† Casey added. â€Å"As a result, turnover is now a principal concern because it directly affects the bottom line.†Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Casey also added that new attitudes towards the workforce, as well as drop in the birth rate, and the emergence of innovative technologies have resulted employee turnover to skyrocket across retail business.   Ã‚   The most vivid outcome of the employee turnover is a direct effect on customer retention or the loses of customers. In the whole, more than 60 percent of the respondents of the survey, who were the customers of retail companies with high employee turnover, said that they were less than satisfied with the service they received. Companies, themselves, confess that high employee turnover issues cause more problems than product or price issues.   In the average one in three consumers marked that employee turnover negatively and directly affected the quality of the service. And just 20 percent of the survey participants agreed that they would like working for their service provider. Another problem of low level of satisfaction from customers was named to be low quality and absence of needed qualification and skills. To be more specific fifty seven percent of respondents agreed that the problem was in poor training, and only 20 percent remained satisfied with the quality of the service.   The Consequences of Turnover The outcomes of turnover cause extra expenses, loss of valuable time and stagnation in business. All these are quite obvious results of turnover, because it’s not that easy to find a qualified worker nowadays, especially one that will fully suit the position he is hired on. The impact on business of the turnover will be reflected in â€Å"hard† and â€Å"soft† costs that are associated with looking for a new employee as well as the following factors: Customers get lower quality services that changes the reputation of the company Managers spend time looking for employees, which prevents them from their primary functions in the company which results in lower organization of business Disorder in the company influences on the work of other employees    It’s estimated that replacement of workers will cost  Ã‚   from 33% – 250% of the annual wages, depending on the workers position. Hard Costs $$$ Pre-Departure Exit interview  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   29 Separation processing  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   12 Vacancy Costs Temporary fill-ins  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  902 Coworker overtime  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   483 Advertising job availability  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   110 Recruiting administration  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   97 Selection and Sign-on Interviewing  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  110 Testing  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   100 Reference checking  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   28 Informational literature  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   50 On-the-job training  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  874 Total  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $2,795 Soft costs Besides â€Å"hard† costs there exist soft costs that come out with losing of the employee, and that make more understandable and clear the outcomes and consequences of losing an employee. It even often happens that it cost 10 times more to look for a new customer than to gain repeat sales. In addition the company is more likely to get what is called â€Å" turnover causes turnover† and the company is likely to lose other employees. Soft Costs $$$ Pre-Departure Lost productivity of incumbent  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   80 Lost productivity of coworkers  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   97 Lost productivity of supervisor  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   207 Vacancy Costs Lost productivity of vacant position  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   0 Lost productivity of supervisor  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   138 Selection and Sign-on Lost productivity during learning curve  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   482 Lost productivity of coworkers  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   0 Lost productivity of supervisor  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   483 Combined Impact Current business lost  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   350 New business not acquired  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   350 Turnover resulting from turnover  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  350 Total  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $2,537 Add up the costs This statistics is more likely to be called a demo illustration of what can be the impact of the $7 per hour job loss. The loss of a big employee number can deadly reflect on the financial health of the company and can even cause bankruptcy. The exist lots of strategies that allow to reduce turnover rate in business, but nevertheless none of them can be suitable for the majority of retail businesses, because of   their specifics, particularities in the working atmosphere, relationships in working time, etc. But still there are strategies that will make business more effective and will stabilize the working atmosphere in the company. By the observation of many specialists who worked on the issues of high employee turnover in retail business for years, it became obvious that its reason is in low effectiveness of human resources departments of the companies. In the most companies with high turnover rate human resource managers did not more than simple recruiting and interviewing people, who would more likely to leave the company in months by their expectations but had not a big choice. â€Å"Evaluate your company A good first step in improving your retention rate is to ask yourself these questions. If you answer â€Å"no† to more than two questions, you are likely to be experiencing high employee turnover. Are most employees clear about your company’s mission? Do any of these words appear in your mission or core values? Respect, teamwork, trust, fairness, openness, and development. Do most or all employees have written job objectives? Are employees actively involved in shaping their own job assignments or projects to include their own personal interests and abilities? Does a manager speak with associates each quarter about their changing performance priorities and matters affecting their work? Does your company regularly invest in developing employee knowledge and skills? Does your company routinely applaud individual initiative and provide recognition for large and small performance successes? Would most employees say their manager is supportive of their ideas and concerned about their needs?†    Different approaches to solve the turnover problem The experience of one of the researches, Louis Rovner, Ph.D., was more than bold or genius. He was employed by many retail companies that had problems with high turnover, and some of them had 50% turnover rate from the entire workforce employed a year.   As a skillful and qualified manager he spent hours conducting endless interviews and administrating numerous surveys and quizzes to determine the reasons of turnover and reasons of what the employees were unsatisfied with.    To his expectations if the company changed the way of employees treating, the workers will be more satisfied and there will be more chances that they’ll stay in the company. But the problem was more complicated that it seemed to be for the first sight.    Employees were managed cooperatively. People were encouraged and reinforced, the working schedule was optimized and was better control as the other modern management measures were taken to improve the labor and working atmosphere conditions. The employees got a higher range in the strategic decision making participation as well as new approach to please unsatisfied customers. The company was changing to one were the workers as well as their labor and participation was highly appreciated and valued.    Even though that much had been done and the expectations seemed to look very optimistic the true results were opposite to what was expected at the beginning. The 50% turnover rate didn’t really change, but it became worse because in the list of those who left their jobs were the oldest and the most qualified employees of the company. So the impact of such outcomes seemed to be more negative than usual practices for the company.   The analysis had shown that there were two main reasons for such outcomes, that primary related to job psychology. The first one was explained by the failure of managers to arrange things in proper order because they were unfamiliar with new strategies and considered them to be irrational and illogical. The lack of comfort in new working tendencies resulted the failure of the introduced strategies. New form of management resulted in lack of attention to the primary functions that began to fulfill improperly that resulted in profits fall. The second reason appeared to be more commonplace than the first one.   One group of unhappy employees was replaced by other one, and the cycle was repeating again and again. But the was a significant change in this practice, that qualified employees appeared in this list. As in every company there always exists a group of employees that are satisfied with management, working conditions and their work as well, and they form the basement of the company’s team. With new changes that began to occur in the company their needs never no longer met and the conditions of labor no longer fully satisfied them. In this case the management that was introduced in practice was directed to satisfy primary the newcomers, but it didn’t meet the needs of checked and long working employees.    The solution of the problem became obvious and the reasons of the failed management were determined. The problems with employee turnover are based not in something wrong with the decisions taken by the company’s authorities, but they are related to the people employed who most likely don’t suit the business they are hired for.    The first steps that need to be taken to stabilize the staff policy and regulations, should identify best long-term working employees and look for the business qualities they possess in those that need to be hired. Those, unsatisfied who are more likely to leave should be replaced by those who have much in common with company’s loyal workers.    In order to be successful in hiring productive and loyal employees it’s necessary to spend some time with the core group of the company to study their likes and preferences of working in the company.    Strategies for improving labor conditions The workers a company hires are expecting more benefits from their work along with the salary they get. As it’s predicted by the experts in the nest five years, most of businesses will offer a wider range of benefits and programs for their employees, which will cause addition competition on the market labor as well as probable employee turnover in the companies that will not be able to accept new changes. These benefits and programs will most likely include: Paid time off plans Domestic partner benefits Flexible scheduling Flexible spending accounts Retirement and financial planning Employee assistance programs (EAPs) It’s naturally understood that employees want to get competitive encouragement from their work as well as competitive salaries. The loss of employees may be both because of salaries that are not competitive (financial issues) and because the job doesn’t meet the needs of the employee. As it’s quite know people leave their jobs for plenty of reasons that can be controlled by the managers or the companies authorities or not. Nevertheless, it’s suggested by the scientists that employers usually have abilities to control the reasons that motivate employees to leave, the most spread of them are the following: Feeling unappreciated or that his/her contribution is not valued. A lack of growth potential in the company. No help to turn a dead-end job into something more appealing. If these factors will be taken into consideration with the development of new businesses or it’s expansion in future most of turnover issues can be prevented. It will be much cheaper for the company to hire a human resource manager or skillful psychologist who will hire those who won’t demand job promotion in future and will be loyal if the company’s business looks like slowly developing, than to hire new and new people for some kind of position again and again in definite time intervals.   On the other hand there can be people who are attached to particular company because they consider it to offer them professional growth and promotion as well as development of their skills and job opportunities. In this case it will be reasonable to organize job trainings and provide them with the job that mostly suits them and answers their qualifications and to be objective in such decisions. It will often be cheaper to spend some money in employee’s qualification investment that will be of a need in future than to ignore his abilities and professional traits, that can result his discharge. The problem of retaining employees is one of the main concern of many retail companies nowadays. It should be clear that work ethic is changing from day to day, and the demands of nowadays workers differ from those of the 1950s, 70s, and even from those of 90s. The tendencies of the employees demands had changed are defined to be today and tomorrow as following: Balance and synergy Work that is seen as a noble cause Personal growth and development Partnerships Community at work Trust   There are several approaches to meet these needs that will prevent business from employee â€Å"drain†: Provide interesting work that will respond to employees’ talents. Don’t hide appreciation for work done successfully. Encourage employees to be in â€Å"shape† Provide opportunities for professional learning and career growth. Provide competitive wages for employees. Organize training for managers to be supportive coaches. Provide a clear mission with personal goals. Build a safer, pleasing and fun working environment. Support opportunities to reasonable experiments in working environment.    Real successful practices of retention T.I.M.S., Inc. Denis H. Arian and his wife Karen Arian started Technical Information Management Services, Inc., (T.I.M.S.) in their own house 13 years ago. Over the past decade, T.I.M.S., Inc. has developed into a successful consulting and information technology services company with nearly 40 members in staff and offices in Cleveland, OH and Chicago, IL. Both in the year of 1999 and 2000, T.I.M.S. was awarded Weatherhead 100 and Northcoast 99. It’s purpose is to develop and optimize the most effective business systems that will meet the needs of either companies and their employees or the needs of the customers by the usage of both technological innovations and management strategies and methods. The primary strategy of T.I.M.S. was process of â€Å"hiring right† people first. What they did was the following: they established the atmosphere of partnership with each employee beginning with interviewing and hiring processes. T.I.M.S. introduced and realized in their practices the concept, which is called PASS Program (Performance Appraisal Scorecard System) for performance evaluation using employee’s input as criteria for future success. The core of their strategies was training as an essential part of retention practices.   According to their methodic it’s very important to devote time for interaction with employee, for finding an individual approach to his concerns and needs as well as stimulate his success. Mazel Stores, Inc.   Mazel Stores, Inc. is one of the leading wholesalers of clothing in the USA. Its founder Bill Mazur has been working in this business for more than 30 years as a head of the company, that purchases sells and distributes through their retail outlets or through other store companies from direct manufacturers. Its partners are Newell (Rubbermaid), American Greetings, Ketter Plastics, and Sunbeam, as well as smaller companies such as Marc’s Deep Discount, Family Dollar Tree, and Medic Drug Stores. The retention need of the company was to find and save employees, most of whom had been facing troubles that would prevent them from being employed by the company in future. Company’s strategy was based in recruitment using assistance of the professionals in employment business such as Empowerment Zone and the Convictions Fair for its headquarters in Solon. The company’s employees faced troubles with transportation, so the company had to develop and introduce van pool service as well as other transportation solutions to ensure getting to and from work punctually. The company worked with government and municipal agencies to solve and improve employment issues as well as to increase and save employment stability rate.   The company also practiced hiring part-time psychologists and managers that worked on overcoming barriers and other job related issues faced by the employees. General strategies for reducing turnover The best way to reduce turnover and save employees is establishing human resource expertise for business. A human resource manager or organization development (also called OD) expert, who can be permanent employee or employed as an outsourced service provider is able to help company to save its employees through an analyzed and deeply examined approach that includes: Recruitment: sourcing for candidate, testing on job suitableness Compensation: market analysis Benefits: competitive, cost-containment Training and employee development Employee relations: pro-active programs, dispute resolution Performance management systems Organization assessments Legal compliance          Employee selection and training The selection and training of the employee should be organized in the way so that nearly hired person will meet all the requirements of the business and working environment. As it’s generally agreed a salesperson is a communicator: he interpreters the features of the product into those benefits that will satisfy the customer. And it’s very important to remember that a salesperson is the store representative to its customers. There is a very specific quality that differentiates a sales person from others involved in promotional activities and it’s an opportunity for feedback between customer and a seller. Only good marketing policy such as advertising and promotion will get customers to the store. The quality of products as well as good sales representatives will keep people coming back to the store again and again. As the specialists suggest, the importance of right employee choice and their trainings cannot be overvalued or exaggerated. It often happens that retailers are surprised when they find out that salary, which is important for employees, is not of the primary concern for them. Attitudes as  fairness, security, honesty, and opportunity are also of the high importance for them.    Organization and supervision of business  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Management functions of the retailer business basically include planning on the hand with other as organizing, staffing, leading, and controlling.       Organizing business, the retailer introduces relationships among people, products, goods, and other materials or resources to get a job fulfilled.  Ã‚  Ã‚   â€Å"Staffing entails the recruitment and selection of employees. It is a vitally important function because the employees of a store represent that store to the public.   People can really be the most important asset of a retail firm.       Every retailer is in a leadership position.   Leadership means motivating employees to achieve their maximum potential, while at the same time accomplishing the goals of the organization.   Because leadership means understanding people, it is one of the most creative and challenging aspects of a retailer’s job.   The retailer’s professionalism and attitudes set the tone for employees’ attitudes and per formance. Controlling is the follow-up function of retail management.   Actual performance is compared with planned performance to spot and evaluate deviations.† (from Charting the course of retail Business available on web http://www.etretailbiz.com/Jan2003/strategy.html) Financial analysis   The financial analysis of retail business is very important step in the optimization of the whole functioning of business. First it allows to determine the main priorities for the improvement of management of employee resources, probably reform the personnel policy, cut off or make new workplace and determine whether it’s necessary to spend more expanses on management or to save some money on particular part of business management and to redistribute the finances (to improve labor conditions or increase employees wages). On of the most innovative and spreading method of retail business management as other sales businesses management is distant organization of work. Top managers and top sales managers use Internet and other means of communication to regulate business, especially if it refers to international companies. The organization of a workplace for one person costs not more than 2-3 thousand dollars, and it’s arranged in employees house. It allows saving a lot of money on rent, property taxes, etc. Those saved finances are redistributed as a result the employees get higher salaries, plus they get more flexible and comfortable conditions of labor that plays a role of additional motivation in their work.   Another aspect that attracts the attention of specialists in food retail business is concern about investments into online retailing. Even though that some of the major e-commerce consultants and advisors make optimistic prognosis about the potential of online food retailing market, these conclusions are still not very reliable. For example Andersen consulting predicted a market portion of online food retailing to be 20% in the year of 2003. This statistics is used by both Peapod.com and Webvan.com as the foundation for a nationwide investment program with a capital of nearly one billion US$. But the real statistics is very different from that one predicted by Cap Gemini (30-40%) and is approximately about 3% for a total retail sector with only 2.3% for grocery sector.   In potential it won’t greatly increase in the next five years. Its predicted growth is not more than 3-4% either for the USA or for Europe. So the decisions of some retail businesses to make investments into online retails cannot be considered as the best choices in this situation. It will require to hire new employees, to develop new management strategies and will require a lot of expenses, that won’t bring any desired payment but may result in turnover because of the changed priorities of the company. Joost W. van der Laan highlights the following reasons for that in his article The future of online food retailing: â€Å"†¦On top of those disadvantages: traditional supermarkets are fighting for consumer loyalty by improving their marketing mix and increasing their efficiency. Reason 1. In my view online shopping for dry groceries and perishables is boring. It does not even come close to the fun of buying books at Amazon.com or the joy of   assembling your own PC at Dell.com. There is absolutely no advantage here over the weekly trip to the supermarket. I dare you to try it yourself a couple of times, and then convince your partner who is not in the food business or consultancy business. Only when the online business focuses on special products and on rich information content, the consumer will become interested and stay interested. Reason 2. Online shopping is less time consuming than traditional shopping, but it adds complexity to your lifestyle. Let us assume in an optimistic mood that every â€Å"household manager† will master the skill of shopping online. After ordering online you first have to make sure that the goods are properly received at home. Second you often have to go to the store anyway for miscellaneous articles. Third you have to check proper billing and payment. Fourth you have to follow up on orderpicking mistakes and delivery errors. Reason 3. The distribution costs of homeshopping are twice as high as the costs of traditional food retailing, and most consumers are not willing to pay the extra 15 %. Internet startups will first try to gain market share with low prices and low service fees, but when the shareholders cash is consumed they will have to ask higher than â€Å"normal† prices to cover the costs and survive. Of course their is a small niche market for expensive homeshopping services: affluent PC-minded and service oriented consumers and consumers with no easy access to a nearby store. Reason 4. In recent years Efficient Consumer Response and Category Management had a significant and positive impact on the quality and efficiency of traditional supermarkets. Food retailing has always been a very competitive business, and in recent years super-marketing has become a professional science that is constantly improving the value to the consumer. Both in the USA and in Europe very competitive stores with Every Day Low Prices and high service levels are gaining market share and are making the food business a war zone for new entrants. Conclusion: the average consumer does not have a good reason to go food shopping online.† (available on web: http://www.retaileconomics.com/index.htm) According to the article ULW Effect on Business and Tax Payers:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   â€Å"†¦Successful companies have been able to draw the line between low employee turnover and high profitability. The line connecting those two dots passes through high employee satisfaction, and high employee satisfaction impacts directly on the customer experience. We’ve already seen how consumers rate quality of service as the most important aspect of their experience with a hotel, and that’s true of many businesses in this sector. Satisfied customers become repeat customers, and when those repeat customers are in the desirable top 20 percent, profitability inevitably improves†¦Henry Ford, the father of the American automobile, was facing exorbitant retraining costs due to high employee turnover. He was being forced to replace every employee four times per year. He also found that absenteeism was at an equally unacceptable level. His response was to almost double the daily wage of his workers to $5.00/day. * The immediate result was: 1) significant reduction in employee turnover, 2) significant reduction in retraining costs, 3) significant reduction in unscheduled absenteeism, 4) and almost complete stoppage of internal theft (roughly 50% of the theft in today’s retail world is committed by its own employees).3 Furthermore, 5) he created a true economic stimulus resulting in a business boom for his own company when his workers put discretionary funds right back into his company as purchasing consumers.4 *All of these savings/benefits are possible today with the enactment of the Universal Living Wage.† (available on web: http://www.nationalhomeless.org/globalization/2.html) Building HR expertise It is of a high concern that in majority supervisors and managers are generally not evaluated on employee turnover levels. If to refer to a COSE survey of retail business (April 2003), only 20 percent of respondents applied the use of a specific target or measure in evaluations. Although 26 percent marked that they â€Å"informally† used turnover statistics as a part of evaluations that shows what a great number doesn’t consider it to be an important part of manager’s job.   In ideal all managers should also be able to work as   â€Å"HR managers.† However, the participation of a real â€Å"expert† is important to be developed – the participation of someone with specific HR responsibilities, who would be part-time HR or OD specialist. Employee opinion survey One of the most important and essential issue for the discussion between the retail human resource executives is an employee opinion survey. An objective survey conducted by the HR manager will truthfully describe the working environment of the company and will direct the further work of the manager on solving of job related issues, that will help to improve motivation and working process as well. The importance of the survey is quite obvious. It’s cheaper and more comfortable and even more safer and reliable for business to make changes in management policy using the data provided by the employees themselves, than to try to solve coming issues relying on experiment and manager’s personal experience, even if it’s an experience of a skillful and highly qualified professional. As the effective employee survey process can be an essential, high-ROI tool for store morale improvement, improvement of customer service, reduction of turnover and introduction of new ways a nd means for communication and interaction.    The Retail Survey Group made long-term researches and studies in the field of job related relations in retail business and had developed the following methods of making an effective and objective successful survey. It introduced eight important keys to the success of the survey: In most cases, an employee survey should be perceived as an operations- driven initiative rather than an HR department program. Companies that differ by high organization of the survey processes put it on the high priority when it’s needed to gather opinion. Even so that making the survey is job of HR center or HR manager that works in the company, the survey made from the name of the head of the company always gets a higher feedback and is more objective, because it’s treated by the whole management chain from the tops to the bottom line of the company. The experience of The Retail Survey Group shows that the employee’s psychology is more likely to pay more attention to the job authorities than to the human resource center, which is made for these perporses. But the job to analyze the results of the survey is human resources center primary. Your goal for response rate should be 100%.   The problem with lower respond rate is not just that it can not give an accurate picture on the questions asked in the survey. The low respond rate for large businesses with more than a 1000 people employed won’t draw an objective picture, but can be valid for small selling departments or stores, but still the statistics can be not as accurate as it’s desired. Moreover the respond rate of the employees determines their ability to draw and determine the answers on the questions about working environment. Once being determined these issues will be also desired to be solved by the employees themselves as well as by the management department. In this case the results will be more fruitful because both sides who participate in this process will be determined with their choices. As the Retail Survey Groups states: â€Å"Surveys are deemed successful when one or both of the following occur: One or two large-scale organization-wide improvements are made as a result of having conducted the survey. A â€Å"critical mass† of smaller-scale improvements happens throughout the organization, based upon department- and store-level improvement efforts. While a single year’s survey effort may have been made worthwhile by virtue of the first reason, a survey becomes a valuable ongoing management tool usually by virtue of the second.† By their words : â€Å"The best way to get an acceptable response rate, i.e., one that is certain to yield accurate reports down to the department level, is to make survey participation an expected occurrence, and to set up an administration procedure that makes this a reality.† A survey for retail employees should take less than 10 minutes to complete. The research had determined that both the questionnaire size and the method of its administration influence on the results of the response rate and on the objectiveness of its quality. As the questionnaire’s purpose is to get an accurate data, it is believed that long questionnaires that take a lot of time to be completed provided not accurate data and have lower response rates. The benefits of short 5-10 minutes survey are basically in their easy administration and no time loses.   They can be easily administered during the breaks or before the meetings. It’s very comfortable because no special arrangements are required. There are experiences with companies that spent more money on the administration of the survey that had to be taken after the working day and that took nearly 30-45 minutes. But the results were not that much different from those short-time surveys and even often were not responded properly. (Good) Norms are important. As soon as the results of the survey are analyzed it appears another task that faces the organization and is addresses to the issues and problems that found reflection in the survey. It’s the essential part of the survey process. And as a result the company has to determine correct improvement areas in order to get the most effective and fruitful return from the survey. The set of norms for survey’s data give an opportunity to compare the effectiveness of the company to the similar businesses that are held by other companies. The Retail Survey group gives the following example: â€Å"consider the case of a supermarket chain that has conducted its first-ever company-wide employee survey. Senior management is reviewing the results, trying to figure out how they will allocate their resources toward making improvements. Let’s assume that they get what appears to be a fairly high score on workplace safety and a fairly low score on developingemployees for future promotions. Without the benefit of normative data to tell them how other supermarkets faired on those items, they might decide not to do any work to improve the safety item, and instead focus on the development item. Had they had access to a good retail norm base, they would have seen that the safety item typically receives a very high score, and that their score was significantly lower than the norm, indicating a potentially serious problem. Conversely, the item regarding development for future promotions is typically among the lowest scoring items on the survey. In fact, their score on that item places them in the upper quartile of the norm base.   Of course, the money they put toward further work on development might well pay dividends, because it is such an important item. And improving the promotional process might cement their image as a great company for which to work. However, relative to the safety item, it might not be as critical to target for immediate improvement.† Each store should get a report detailing its overall results and the results of its major departments. Many companies make the fault of not disseminating the outcomes to the store level. By the view of The Retail Survey group, this greatly diminishes the chance that the survey will be successful. First, as has already been marked, surveys are most effective when they are the impulse behind change efforts undertaken at the store and department levels. Only by getting direct access to the results of the survey employees can begin to take part in the action planning process. Second, keeping the results within the restrictions of senior management can easily be understood as a breaking of the social contract common in most employee-based feedback systems. The representatives of The Retail Survey Group state that â€Å"for reasons beyond the scope of this paper, employee surveys are assumed to be closed-loop feedback systems. The loop begins with the employees filling out a survey form. Next, the survey forms are tabulated, and their collective opinions are shared with management. To close the loop, management must in turn share the collective results with the employees. If this loop is not closed, employees are left with a sense of unmet expectations. It is similar to the feeling one gets when applying for a position and then never hearing back about it one way or the other.†   It often happens that employees know very little about the results of prior surveys and they think about them the following: â€Å"The results must have been so bad they were embarrassed to publicize them.† â€Å"They can’t tell us what they found because then they’d have to change things.† â€Å"They just did the survey to make us feel like our input was important†¦they could care less how it turned out.† With the exception of special circumstances, the Representatives of Retail Survey Group advocate that employer share with all employees an item-by-item comparison between the results for their store and the results for the overall company. For most employees, this constitutes a full and deserved disclosure of the results, and it is a great way for employees to begin to get a handle on what the results mean. Once employer has done this, he would have set the stage for store-level action planning. Anyone who completes a survey should be able to understand a survey report. If you employer is going to share the results of the survey with store employees, he needs to present them in a report format that is easy to be looked through. Some people understand statistics and numbers better others easily catch the graphs and charts. The Retail Survey Group recommends that results be presented in a combination of these ways, but most of all in a order that is simple and understandable. It should be understood that the goal of the survey is to enlist the help of the employees in analyzing the survey results. The author of the survey wants employees to be excited about the potential insight they have into the results of the survey, because they were the ones who gave the feedback. They also have ideas about how to arrange and change things for better. Give those responsible for creating action plans some basic ideas to use as starting points for their plans. â€Å"Imagine that came the most critical point in the survey process†¦the point at which store and department managers are sitting down with their employees, report in hand, with a good understanding of the results and having selected a few problem areas to target for improvement. The group is ready to create action plans. The store manager is at the flip chart†¦her marker is poised†¦and then it strikes the group that no one has the faintest idea about what a good action plan looks like, let alone how to go about creating one.†   This is considered to be the point where many surveys lose their value and significance, which is quite understood. Most retail store managers don’t have any training or knowledge about working with a group to present and discuss an improvement plan. â€Å"To make matters worse, consider the following Survey Research 101 axiom: Managers at stores with the lowest employee survey scores are the very managers least likely to be able to facilitate a productive action planning session. In other words, those stores most in need of good post-survey action plans are the ones least likely to succeed in creating them. Fortunately, it is not that difficult to provide managers with the tools they need to write effective action plans. The easiest way to do so is to provide them with a template for the format and content of their plans. For example, our firm provides clients with an Action Planning guide, which not only offers store managers a step-by-step guide to action planning, but also suggests several actions for each topic covered by the survey. It is easy to use these ideas as the starting point s for the group discussion, and to transform them into high quality action plans.†    After all, if there is an essential   role for the Human Resources department during the survey process, it is to determine store managers most in need of help with action planning, and to offer them the help they need to do the work properly. The organization should commit to a follow-up survey even before the first one is administered.    Companies that fully use the surveys they administer usually treat them as a part of a cycle. Each finished survey is considered to be a benchmark for the next one. The data reflected in the survey describes the condition of company’s finances, employee environment and indicates the â€Å"working† health of the company. It can be used to primary predict and take measures to prevent turnover issues and job related conflicts. Managers also rely on the surveys as on the sources and guidance for finding a common language with employees. Employees also consider the administering of the survey to be a good sight from the side of companies authorities to get the opinion about inner life of the company and its functioning.    But for such successful monitoring the company had to start with a successful survey that will definitely bring results. From the beginning of survey introduction into the practices of the company managers have to think about an employee survey program or survey process rather than about one-time employee survey that will stand alone. Conclusion As it was discussed the turnover employee rate causes a lot of troubles for retail businesses as well for other businesses. The expenses spent on hiring new employees are often as high as the monthly wages of the employees, but at the same time the absence of the worker causes work disorder and losses of clients.   Ã‚   Nowadays the problem of saving workplaces is very actual and attracts a lot of attention from the side of managers, who propose different strategies to stabilize personnel activities and improve working environment. These strategies include individual approach to the employees, encouragements, surveys, and special management techniques.   As it was stated above, very often the financial side of the job is not of the main concern for the employees. It’s understood that the salary means a lot, but appreciation, encouragements, benefits and other rewards the employee gets while working are of a high value as well. Still most of them also have any relationship to finances.   Ã‚  That’s why it’s quite important to make business efficiency monitoring and find new solutions for its optimization. Saving money on some ineffective investments and redistributing them to increase the salaries, social benefits and educational opportunities for the employees will increase their motivation.   It may refer to their transportation issues (organization of the transportation services for employees who really need that), improving working conditions (introduction of the new equipment and organization of special training programs for workers). It’s understood too be quite expensive, but the results that these innovations will bring in future will definitely cover all the expenses. (It’s quite enough to estimate how much will be the transportation service organization for people who live in the same area and how much do they spend on parking and gas a day. Or it’s enough to figure out how much useless work does an accountant or a m anager using old computer software or even worse just pen and paper. It’s easy to understand how these trainings will optimize his work will save him time and of course will save employer’s money).   Ã‚  Ã‚  Ã‚   Appreciation of the employees is really important; especially it’s very necessary for the core of the company’s team, for people who are in company’s business for years and who are the most valuable. Before doing any changes it’s necessary to consult those employees and to take into consideration their opinion. At this point it’s quite important for human resource managers to administer employee opinion surveys that will draw the priorities for future management changes and better organization of the work.   Every case is very special and needs a search of individual approach. But the methods that were discussed above had recommended themselves as successful and can be used in management practices worldwide. List of references 1.†The future of Food Retailing: e-Commerce and other Predictionsâ€Å", Prof. Dr. Edward McLaughlin of Cornell University, presentation â€Å"State of the Art in Food†, January 2000. 2.†Internet Retailingâ€Å", Henk Gianotten of EIM, Food Personality, February 2000. 3.†Futurize your Enterpriseâ€Å", David Siegel, John Wiley & Sons, Inc, New York, 1999. 4.â€Å"The future of online food retailing† Joost W. van der Laan ,†Journal of Marketing†, February 2000 and â€Å"Food Personality† ,August 1997 â€Å"Erasmus Food Management Institute† rapport on E-marketplaces, January 2001 â€Å"Marketing Logistics†, Martin Christopher, Reed Elsevier, 1997 â€Å"From Supply Chain to Collaborative Network†, Gordon Anderson, Bruce Walton, Andersen Consulting, 2000 â€Å"Eight keys to a successful employee survey† The Retail Survey Group, 2001-2002 (available on web: www.rsg.com) â€Å"Charting the course of retail business† Article (available on web: http://www.etretailbiz.com/Jan2003/strategy.html) â€Å"To Cut Employee Turnover, Don’t Change Anything† ,Louis Rovner, Ph.D. Article (available on web:http://www.drilleronline.com/CDA/ArticleArchiveSearch/1,5692,,00.html) â€Å"Globalization and Labor — Part 2† Article (available on web: http://www.nationalhomeless.org/globalization/3.html) â€Å"Taming turnover: A Strategic advantage for business† Article (available on web: www.cose.org/PDF/WLA/Taming_Turnover.pdf) â€Å"Store Wars:   How Retail eCommerce Executives Can Win the Battle for the Last Aisle Four Tips for Success for In-Store Digital Merchandising & Customer Self-Service† , Richardson,Alex   Article (available on web: http://www.kiomag.com/informermj04) â€Å"Leading the quick service and food retailing industries† Kay Division, 2004(available on web: http://www.ecolab.com/Publications/FactBook/Kay.pdf) â€Å"Work Environment More Important to Employees† Gregory P. Smith (available on web: http://www.businessknowhow.com/manage/workenv.htm) â€Å"High employee turnover raises safety concerns† Ledyard King, Article Gannett News Service   (available on web: http://www.usatoday.com/news/washington/2001-02-26-airportsafety.htm) â€Å"Reducing Turnover† Article (available on web http://www.accountemps.com/AT/ReducingTurnover)    18. â€Å"Calculating the High Cost of Employee Turnover†Ã‚   Yves Lermusiaux (available on web: http://www.ilogos.com/en/expertviews/articles/strategic/20031007_YL.html)