Sunday, May 24, 2020

Learn the History of the Swastika

The swastika is an extremely powerful symbol. The Nazis used it to murder millions of people during the Holocaust, but for centuries it had positive meanings. What is the history of the swastika? Does it now represent good or evil? The Oldest Known Symbol The swastika is an ancient symbol that has been used for over 3,000 years. (That even predates the ancient Egyptian symbol, the Ankh!) Artifacts such as pottery and coins from ancient Troy show that the swastika was a commonly used symbol as far back as 1000 BCE. Nigel Hicks / Getty Images During the following thousand years, the image of the swastika was used by many cultures around the world, including in China, Japan, India, and southern Europe. By the Middle Ages, the swastika was a well known, if not commonly used, symbol, but was called by many different names: China - wanEngland - fylfotGermany - HakenkreuzGreece - tetraskelion and gammadionIndia - swastika Though it is not known for exactly how long, Native Americans also have long used the symbol of the swastika. The Original Meaning The word swastika comes from the Sanskrit svastika: su meaning good, asti meaning to be, and ka as a suffix. Until the Nazis used this symbol, the swastika was used by many cultures throughout the past 3,000 years to represent life, sun, power, strength, and good luck. Even in the early twentieth century, the swastika was still a symbol with positive connotations. For instance, the swastika was a common decoration that often adorned cigarette cases, postcards, coins, and buildings. During World War I, the swastika could even be found on the shoulder patches of the American 45th Division and on the Finnish air force until after World War II. A Change in Meaning In the 1800s, countries around Germany were growing much larger, forming empires; yet Germany was not a unified country until 1871. To counter the feeling of vulnerability and the stigma of youth, German nationalists in the mid-nineteenth century began to use the swastika, because it had ancient Aryan/Indian origins, to represent a long Germanic/Aryan history. By the end of the nineteenth century, the swastika could be found on nationalist German volkisch periodicals and was the official emblem of the German Gymnasts League. In the beginning of the twentieth century, the swastika was a common symbol of German nationalism and could be found in a multitude of places such as the emblem for the Wandervogel, a German youth movement; on Joerg Lanz von Liebenfels antisemitic periodical Ostara; on various Freikorps units; and as an emblem of the Thule Society. Hitler and the Nazis Heinrich Hoffmann / Getty Images In 1920, Adolf Hitler decided that the Nazi Party needed its own insignia and flag. For Hitler, the new flag had to be a symbol of our own struggle as well as highly effective as a poster. (Mein Kampf, pg. 495) On August 7, 1920, at the Salzburg Congress, the red flag with a white circle and black swastika became the official emblem of the Nazi Party. Hulton Archive / Getty Images In Mein Kampf, Hitler described the Nazis new flag: In red we see the social idea of the movement, in white the nationalistic idea, in the swastika the mission of the struggle for the victory of the Aryan man, and, by the same token, the victory of the idea of creative work, which as such always has been and always will be anti-Semitic. (pg. 496-497) Because of the Nazis flag, the swastika soon became a symbol of hate, antisemitism, violence, death, and murder. What Does the Swastika Mean Now? There is a great debate as to what the swastika means now. For 3,000 years, the swastika meant life and good luck. But because of the Nazis, it has also taken on a meaning of death and hate. These conflicting meanings are causing problems in todays society. For Buddhists and Hindus, the swastika is a very religious symbol that is commonly used. Chirag Badlani shares a story about one time when he went to make some photocopies of some Hindu Gods for his temple. While standing in line to pay for the photocopies, some people behind him in line noticed that one of the pictures had a swastika. They called him a Nazi. Unfortunately, the Nazis were so effective at their use of the swastika emblem, that many do not even know any other meaning for the swastika. Can there be two completely opposite meanings for one symbol? Does the Direction of the Swastika Matter? In ancient times, the direction of the swastika was interchangeable, as can be seen on an ancient Chinese silk drawing. Glenn Waters in Japan / Getty Images Some cultures in the past had differentiated between the clockwise swastika and the counter-clockwise sauvastika. In these cultures, the swastika symbolized health and life while the sauvastika took on a mystical meaning of bad-luck or misfortune. Italian summer camp forming group backwards swastika. Â  De Agostini / Foto Studio Leoni / Getty Images But since the Nazis use of the swastika, some people are trying to differentiate the two meanings of the swastika by varying its direction—trying to make the clockwise, Nazi version of the swastika mean hate and death, while the counter-clockwise version would hold the ancient meaning of the symbol, life, and good luck.

Wednesday, May 13, 2020

Analysis of the Successful Business Lives of Famous Entrepreneurs Free Essay Example, 2500 words

After the dreadful demise of Apple s cofounder on October 5, 2011, The New York Times published an article clearly describing his triumphs, downfalls, and qualities. Hence, I took the opportunity to analyze and review any leadership skills he displayed in his work as he led Apple Incorporation to the helm. Jobs alongside Steve Wozniak founded Apple Incorporation back in 1976 in California. Unfortunately, in the early 80s, a disagreement between the two led to Job s break away from Apple. During this time, he displayed distinct leadership qualities where he led a small group of employees from Apple to form a new company by the name NeXt Computer. It is crucial for a leader to be a guide of his followers and provide them with innovations, just as Jobs displayed. In 1996, Jobs, as the leader of NeXt Computer sold it to Apple Incorporation, a move that saw him going back to Apple as a product team leader. Whilst in this position, Jobs led Apple Incorporation into breathing new life into various gadgets such as iPods, phones, computers, and iPad among others (The New York Times 2011). We will write a custom essay sample on Analysis of the Successful Business Lives of Famous Entrepreneurs or any topic specifically for you Only $17.96 $11.86/page The Academy of Achievement published an article of how Michael Dell shaped his way out from a dorm room to a boardroom using innovation as a key aspect in his work. The subsequent appraisal is a detailed examination of the path Michael Dell followed as he headed for success and as he incorporated Dell Incorporation. Michael Dell s parents urged him to become a medical student; thus, he joined the University of Texas. However, Dell s innovative mind had always focused on gadgets and business and with time, he was determined to combine the two.

Wednesday, May 6, 2020

The power of social media in political communication Free Essays

Research Question To determine the impact of social media on the way that political institutions and organizations communicate to the public including the unintended impact of social media on political communication. Research Objective The track the evolution of social media use in political communication both as intended by those disseminating the information and the unintended impact of having such assessable communication methods for the general public. Significance and Context of Research Increasingly in political communication, social media has been used as a primary method of disseminating information, gathering information and testing public opinion. We will write a custom essay sample on The power of social media in political communication or any similar topic only for you Order Now Indeed certain countries continue to use these methods as a primary means of lobbying support. However, not only does it present enormous benefit to political organizations, it also presents a unique opportunity to the public combating abuse of power and an increased awareness and accountability. Some research even goes as far as to suggest that the impact of social media has enhanced the citizen participation in democracy increasing the commitment thereto. In the age of social media as a primary means of communication, the role and impact of this on political communication is boundless and significant. Methodology The primary method of research will be the analysis of different systems of social media usage. There is some literature written on the topic, examining different facets of the social media usage in political communication and this will serve as a useful indicator of the ways that social media is used in political communication. Thereafter, individual case studies on various methods that have been employed to great effect need to be examined. In other words, by examining how different political organizations have used social media to their advantage. The sources of these case studies will be evident in the literature written on the topic. How the organizations use social media and the effect that it has will be the primary focus of the research. The effect of social media usage will include the benefits on participation as well as the disadvantages relating to sensationalism and accuracy. References Clay Shirky (2011) ‘The Political Power of Social Media’ Foreign Affairs, 90(1), p28-41 Erik Qualman (2009) ‘How Social Media Transforms the Way We Live and Do Business’ [online] Available on http://www.ebscohost.com.ezproxy.uct.ac.za/uploads/corpLearn/pdf/bbs_socialnomics.pdf [Accessed on 7 July 2012] Erik C. Nisbet, Elizabeth Stoycheff, Katy E. Pearce (2012) ‘Internet Use and Democratic Demands: A Multinational, Multilevel Model of Internet Use and Citizen Attitudes About Democracy’ Journal of Communication, 62, 249–265 Henry Farrell (2011) ‘The Internet’s Consequences for Politics’ [online] Available on http://crookedtimber.org/wp-content/uploads/2011/09/ARPS.pdf [Accessed on 7 July 2012] John C. Bertot, Paul T. Jaeger, Justin M. Grimes (2010) ‘Using ICTs to create a culture of transparency: E-government and social media as openness and anti-corruption tools for societies’ Government Information Quarterly, 27, 264–271 Michael J. Magro, (2012) ‘A Review of Social Media Use in E-Government’ Sci., 2, 148-161 Wenfang Tang and Shanto Iyengar (2011) ‘ The Emerging Media System in China: Implications for Regime Change’ Political Communication, Special Issue [online] Available at http://myweb.uiowa.edu/wenftang/p/scanned%20publications/Tang%20and%20Iyengar%202011.pdf [Accessed on 7 July 2012] How to cite The power of social media in political communication, Essay examples

Tuesday, May 5, 2020

CFO Roles and Responsibilities

Question: Discuss about the CFO : Roles and Responsibilities. Answer: Introduction: The Chief Financial Officer of the Santos Limited is Mr. Anthony Neilson. He is an Chartered Accountant with the experience in the sector of the oil and the gas in the United states, China, South East Asia, and the Australia. Before joining the Santos Limited, he was working in the Roc Oil Company Limited as the Chief Executive Officer and the Hong Kong-listed investor Fosun International Limited acquired that company in the year 2014. The Chief Financial Officer of the Roc Oil Company Limited was also Mr. Anthony Neilson, which held by the role at the Caltex Australia, Credit Suisse First Boston (London), and the Arthur Andersen (Sydney) for the finance and the business services. He has the experience about the 14 years in the field of the oil and the gas. He has the skills of the risk management as well as the strong knowledge about the finance and that skills will help the Santos Limited for the reduction of the cost and for increasing the operating cash flows and the management o f the balance sheet for making the value for the shareholders. He has also joined the new executive committee, which has the ability of the technicals for the transformation of the Santos Limited into the business, which has the high performance and generates the low cost of the transactions and the reliable business. Mr. Neilson has completed his Master of Business Administration from the AGSM. He is also the partner of the Financial Services Institute of Australia and the member of the Chartered Accountant in Australia and the New Zealand. Mr. Anthony Neilson will start his responsibilities in the month of the December 2016 (Santos Limited, 2016). The responsibilities of the CFO have changed from the previous year. Mr. Anthony Neilson will analyze the financial statements and he will revolve in the production. Mr. Neilson has also known to perform the accounting function on the computers. The responsibilities of the CFO and their function are distinct into the different roles: The strategist CFO The responsibility of the Mr. Neilson is to make himself, the strategist to the CEO. The success behind the effective CFO are do the management of the financial function, reports the numbers, and should take implemented actions according to the events, which is uncontrollable. The responsibility of the CFO is to look around the each operation, which has conducted in the company. They should have the ability to think and to apply the critical skills with the financial sharpness for achieving the long-term goals of the company. The CFO as the leader Another responsibility of the CFO is making himself a leader, which has the capabilities to implement the strategies of the company. The roles of the CFO are not limited only to the analysis of the efforts, which has done by the others employees or any departments of the company. Now the CFO also takes the responsibilities for the ownership of the financial results of the company and the team of the senior management. The CFO is also responsible for the leadership, which has provided to the others team members of the senior management such as the CEO of the company. The role of the CFO is also making the tough decisions, which is impossible or rare and difficult, but has to take those steps for the success of the company. The CFO as a team leader The responsibilities of the CFO are the leadership ability in the team to the other employees for performing the financial function for both inside and the outside. He is not only responsible for the performance of the team but also for the achievement of the greatest result with the help of the talents of the team. The CFO would generate the best results by the evaluation of the strength of the team members and achieved the performance at the high level with the help of the performance of the individual. The responsibility of the CFO is to bring the talents of the individuals, which have varied from each other and that can be helpful for the achievement of the financial performance. The CFO with the third parties The CFO are also responsible to build and the maintains the relationship with the third parties. These third parties may be customers, vendors, and the bankers also. The people who are not working in the same organization are look forward on the performance of the company, which has conducted by the senior management team such as the CEO of the company. However, in most cases the CFO certifies the financial ability of the company. The role of the CFO is also to make the sustainability of the company for the customers, vendors, and the bankers. These parties also look forward to the roles of the CFO about the truth regarding the financial ability of the company that will deliver the commitment, which has created by the CFO (The Strategic CFO, 2015 Santos Limited The Santos Limited is the producers, which is leading to the oil and the gas in the region of the Asia-Pacific. This company is supply the energy to the homes as per the requirements also to the business and the large industries in the Australia and the Asia. Santos Limited is one of the biggest explorations of the Cooper Basin origin and has the acreage of the production in the Australia. The Santos Limited has the infrastructure that is extensive and gives the commitment towards the supply to the domestic market, open resources and the major value as well as the performance. The portfolio of the liquefied natural gas, which has the high quality and the pipeline gas and the oil assets, supports it. With the help of these, Santos provides the long-term values to the shareholders. The foundation of the Santos depends on the security, sustainability of the operations, and the coordination with the shareholders, society, governments, and the partners of the business. The company innovat es the new process and the creativity, adopts new things, and always ready to accept the new challenges and develop the opportunities and solve the problems of the customers. The company determines the value and the power in the varied things. The company are communicating with the customers for the understanding their views and demonstrate the leadership by share their idea and for the achievements of the results, they challenged each other. The employees of the Santos Limited accepts the responsibilities as their own responsibilities and delivered the work in time with the quality assurance that will give the benefits to the Santos Limited, which is helpful to achieved the vision and the strategy of the company (Santos Limited, 2016). Efficient market hypothesis The theory of the market, which had evolved from the 1960 by the Eugene Fama. He states the efficient market hypothesis is that at the given point of the time and in the market of the liquid, the prices of the security that discloses the information, which is available. The existence of the efficient market hypothesis is in the different degrees i.e., weak, semi-strong, and the strong, which includes the market prices of the non-public information. The theory of the efficient market hypothesis contains the market, which are efficient and the present price, which discloses all the information, which started to perform in the market, which should have the probability instead of the skills. The first form of the EMH is the weak form that assumes the present price of the stock that discloses all the information regarding security market, which is presently available. It states that there is no relation between the previous price and the volume of the data along with the future prices of the security. It is concluded from this from that the over return is not possible with the help of the technical analysis. Another form is the semi-strong that states that the present prices of the stock has adjusted fastly for releasing the new public information. It includes that the prices of the security are available as per the market and the information of the non-market public. It has concluded from this form that the high return is not possible with the help of the fundamental analysis. The last form is the strong form that states that the present prices of the stock are disclose both all the information that is public and the private. It includes the factorization of the market, non-market, and the internal information has done into the prices of the security, which having no access monopolistic to the relevant information. There is an assumption of the perfect market and it has concluded from this form that the greater return is not possible for achieving consistently (Morning Star Inc, 2016). The role of the pension fund manager The main responsibility of the pension fund manager is to manage the pension fund with the pool of the money, which has paid by the company for the benefits. The other responsibilities are: Development of the policies, which has related to the pension, and the packages of the benefits. Review and discuss the strategy of the funds with the advisors, investment managers, and the board of the company. Management of the relationship, between the employer and the trustee. Give advice to the company of the new issues that has related to the finance. Provide awareness about the matters, which has related to the pensions. Ensuring about that the schemes are operating in the effective way and meeting the target. Execute all the administration of the pension schemes (Manpower Nigeria, 2016). References Santos Limited.(2016).what we do. Retrieved from https://www.santos.com/what-we-do/ Santos Limited.(2016). Appointment of CFO. Retrieved from https://www.santos.com/media-centre/announcements/appointment-of-cfo/ The Strategic CFO.(2015).the role of the CFO. Retrieved from https://strategiccfo.com/the-role-of-the-cfo-chief-financial-officer/ VAGO.(2004).CFO: roles and responsibilities. Retrieved fromhttps://www.audit.vic.gov.au/publications/2004/20040201-chief-finance-officer-role-and-responsibilities.pdf Morning Star Inc.(2016).efficient market hypothesis. Retrieved from https://www.morningstar.com/InvGlossary/efficient_market_hypothesis_definition_what_is.aspx Manpower Nigeria.(2016).pension scheme manager. Retrieved from https://manpower.com.ng/job-descriptions/Pension-scheme-manager-331.html

Wednesday, April 1, 2020

Macbeth Blood free essay sample

Bring forth men-children only; For thy undaunted mettle should compose Nothing but males. Will it not be received, When we have markd with blood those sleepy two Of his own chamber and used their very daggers, That they have donet? (1. 7. 72-77) B. Paraphrase and clarification: Hopefully you will only have male children, For you should compose nothing that isn’t masculine. When we have marked the servants with the blood of the king and use their own daggers, won’t they look like they have committed the murder? Lady Macbeth is telling Macbeth he should only have male children, because she likes masculinity and that when they cover the servants in blood, it will look like the servants killed king Duncan. C. Conclusions: Lady Macbeth and Macbeth are using the blood and daggers to make it look like the servants killed the king. 2. ) A. Quotation and speaker: Macbeth: But in these cases We still have judgment here, that we but teach Bloody instructions, which, being taught, return To plague th inventor: this even-handed justice Commends the ingredients of our poisoned chalice To our own lips. We will write a custom essay sample on Macbeth: Blood or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page He’s here in double trust: First, as I am his kinsman and his subject, Strong both against the deed; then, as his host, Who should against his murderer shut the door, Not bear the knife myself. (1. 7. 7-16) B. Paraphrase and clarification: By doing violent crimes, we are only teaching others bloody instructions, and the violence of the people will plague the inventor. The king should trust me in two ways, first I am his kinsman and his subject. Second, I am his host, I should shut the door on the murderer, not hold the knife myself. Macbeth is listing reasons why he should not murder king Duncan. C. Conclusions: The words â€Å"Bloody instructions† are being used to say â€Å"violent crimes. † General Conclusions for Act 1: 1. ) â€Å"Bloody instructions† is an interesting use of the word blood as a synonym to violent crimes. 2. ) In Act 1, both the uses of the word blood were relevant to violence/ murder. Both had to do with talking about King Duncan’s murder- Lady Macbeth is using blood to frame the servants for King Duncan’s murder and when Macbeth was listing reasons not to kill the king, he believes by doing violent crimes they are only teaching others bloody instructions. Act 2 1. ) A. Quotation and speaker: Macbeth: Mine eyes are made the fools o th other senses, Or else worth all the rest. I see thee still, And on thy blade and dudgeon gouts of blood, Which was not so before. There’s no such thing. It is the bloody business which informs Thus to mine eyes. (2. 1. 45-50) B. My eyes must be the one sense not working right†¦ I still see drops of blood on the blade that weren’t there before. There is no such thing, I am imagining it. It’s the murder I’m about to do that’s making it appear to my eyes. Macduff is alone in the hallways and he sees a vision of a dagger pointing towards Duncan, the dagger is bloody and he comes to the conclusion that he is imagining things from the unease he is feeling about the murder. C. Conclusions: The bloody dagger is representing his anxiety about murdering the king. Seeing the blood on the dagger makes him feel slightly guilty and uneasy. 2. ) A. Quotation and Speaker: Lady Macbeth: Who was it that thus cried? Why, worthy thane, You do unbend your noble strength to think So brainsickly of things. Go get some water, And wash this filthy witness from your hand. Why did you bring these daggers from the place? They must lie there. Go carry them and smear The sleepy grooms with blood. (2. 2. 44-50) B. Paraphrase and clarification Who was that? Why, worthy lord, You are bending your strength to think of such things. Get some water and wash this filthiness from your hand. Why did you bring the daggers with you? They have to stay there. Go bring them back and smear the sleepy servants with blood. Lady Macbeth is telling Macbeth to stop being a coward and to wash the blood off his hands. She tells him to return the daggers and to smear the servants faces with blood. C. Conclusions: Lady Macbeth becomes irritated with Macbeth for messing up and this shows how calm she is about the murder. Macbeth forgets to smear blood on the servants and to leave the daggers there, which shows that he is very nervous and scared about the situation. 3. ) A. Quotation and Speaker: Macbeth: You are, and do not knowt: The spring, the head, the fountain of your blood Is stoppd; the very source of it is stoppd. Macduff: Your royal father s murderd. (2. 3. 75-78) B. Paraphrase and clarification: The source of the fountain of your royal blood has stopped. Your royal father has been murdered. Macduff and Macbeth are telling Malcolm that his father is dead. C. Conclusions: Macbeth used the word blood in an interesting way. Macbeth said â€Å"the fountain of your blood is stopp’d† which was a way for him to tell Malcolm his father is dead. General Conclusions for Act 2: 1. ) In Act 2 the word blood was used negatively. Like Act 1, when the word blood was used it was about murder. 2. )In Act 2 the word showed how the characters felt about the murder of Duncan. Quote 1 Macbeth imagines a bloody dagger pointing towards Duncan’s room, this was from how he felt uneasy about the murder. This shows Macbeth was nervous about what was about to happen. In Quote 2 Lady Macbeth seems calm and agitated with her husband for forgetting to leave the daggers and to smear blood on his face. This portrays how different both the characters are and how heartless Lady Macbeth can seem. Act 3 1. ) A. Quotation and Speaker: Macbeth: We hear our bloody cousins are bestowed In England and in Ireland, not confessing Their cruel parricide, filling their hearers With strange invention. (3. 1. 28-31) B. I hear that those cousins that are murderers have run to England and Ireland not confessing to this cruel murder of their own father! And they’ve been making up strange lies to their hearers. Macbeth is telling Banquo that Malcolm and Donalbain have fled to England and Ireland and that they have not confessed yet. Although they did not murder their own father. C. Conclusions: Macbeth did not use the word blood in it’s original definition. It was used as vulgar language, to express annoyance and anger, â€Å"Those bloody cousins! † He did not mean that Malcolm and Donalbain were literally bloody. 2. ) A. Quotation and Speaker: Macbeth: It will have blood, they say. Blood will have blood. Stones have been known to move, and trees to speak. Augurs and understood relations have By magot pies and choughs and rooks brought forth The secret’st man of blood. —What is the night? (3. 4. 128-134) B. Paraphrase and Clarification: It will have blood, they say. Tombstones have been known to move, and trees to speak. Murderers have been exposed by omens made by crows and magpies. How late is the night? Macbeth is muttering to himself after seeing Banquo’s ghost and now he is paranoid. C. Conclusions: Macbeth is saying that the blood that is shed will demand more blood in return. He is not paranoid of people wanting to get revenge on him. . ) A. Quotation and Speaker: Macbeth: I keep a servant fee’d. I will tomorrow— And betimes I will—to the weird sisters. More shall they speak, for now I am bent to know, By the worst means, the worst. For mine own good, All causes shall give way. I am in blood Stepped in so far that, should I wade no more, Returning were as tedious as go oer. Strange thing s I have in head, that will to hand, Which must be acted ere they may be scanned. (3. 4. 138-146) B. Paraphrase and Clarification: Tomorrow I will go see the witches, because I must know what is going to happen to me. My own safety and good is the only important thing now. I have walked so far into blood that even if I stopped now, it would be hard to go back to good. These strange thoughts I have in my head, I will put into actions before event thinking about them. Macbeth is determined to know what is going to happen to him, he was done so many bad things already that he will act on every though he has, no matter how senseless it is. C. Conclusions: Macbeth says that he has walked so far into a river of blood, which means he has done so many evil things already, and that it would be hard to return back to good.

Saturday, March 7, 2020

Wal-Mart Four Functions of Management

Wal-Mart Four Functions of Management Free Online Research Papers Management is an essential tool for the success of any organization. All the function of management are affected by external and internal factors that will influence the decision the managers make and how they delegate the work throughout the organization. Some essential factor that managers must take into consideration that will help the organization move forward and guarantee its success. Diversity and ethics play a big role on an organization as it takes the multi-culture of the organization and display the values used for decision-making. There are several factors that affects all management function but when use appropriately by an organization it will help stay ahead of its competitors. External Factors As Wal-Mart grew rapidly becoming one of the world largest corporations, witness were concern about the effect of its super centers on neighborhood in which it operates, especially in the undersize stores highly protect by the governments. This can affect all four functions of management planning externally. By dissecting the problems down to the basics Wal-Mart staff and its executives can begin over-seeing projects of any changes needed. Taking the four management sections brings a viewpoint of questions that need answering. This can be related to a number of issues outside the business, for example, location, the public, the surrounding community, and of course, environmental issues to name a few. These issues have to be considered in order to have a good Market Value. According to Patel R (2006), a study made in analyzed two different Wal-Mats, the first that was open for a short period was taking control of the local market by dropping the price to a very low profit margin In the second store, they completely took control of the local economy, making an economic low spot having Wal-Mart in the middle and the rest of the stores with prices 17% higher. Situations like this one need to be taken under consideration because if nothing gets done soon to fix it will give the business a bad reputation and the view of mistrust. This affects the business resources and finances that can cause to drop the profits margin. The external factors complete evaluation study the exterior boundaries that Wal-Mart cannot control, and have an important impact in the planning process of the corporation. These study most be done locally and internationally, and should include economic trends, social trends, government regulations, technology advancements, global market, and the Internet business, which is constantly growing. With the local elements as examples above Wal-Mart will have to analyze and expose issues, limiting factor and hypothesis that may have some weight on the integrated planning function to get a foot hold on making solutions of problems when they arise. Internal Factors Today the world’s most largest retailer, Wal-Mart, four functions of management are essential to the organizations successfulness. To secure the organizations success, managers must learn ho to plan, organize, lead, and control. Along with the four functions of management, there are also internal factors that can either make or break the company. Internal factors arise in Wal- Mart’s management, marketing, finance, accounting, production, operations, research, development, and computer information systems of the business. Within Wal- Mart’s availability of supplies to associates in which managers are in charge of is an example of the organizations internal factors. Lack of supplies affects the planning and organization function because without proper supplies it makes it difficult for staff to prepare for an event. Training is another example of an internal factor, this affects the leadership function of management at Wal- Mart. Management must use their skills and certifications to train associates how to do a particular job. Without the proper training associates may not complete jobs or assignments accurately. When associates do not complete jobs properly like stocking, signage, pricing, and displaying, this can cause the store to lose sales and losing sales can affect the company. At Wal- Mart, the manager’s particular style of managing has an impact on the control function. For example, if the manager does not display enough control, associates will lose respect for the manager, o n the other hand, if the manager is too insensitive, this will result in associates choosing to leave the business. It is the responsibility of the manager to take those factors into consideration, in order for the business to be successful and remain a success. Essential Factors Globalization, Technology, and innovation all are reasons why management is constantly demanding change in order to keep up with the times. Wal-Mart is a top business and a prime example of a company that effectively uses the four functions of management. According to Britt D (2010), globalization brings opportunity to a broader market, but at the same time, promotes more competitors that will require a superior level of competence for any organization that will take advantage of it. When Wal-Mart planed to take the advantage of globalization and inter the Indian market place its management functions to work. They study the Indian market size and trends, change their strategy, designated the responsible persons to run that site, how that person will run the site and even the way a person will be controlling the site to ensure the company goals have been meet. With globalization Wal-Mart has been able to work in many foreign territories and increase its profits. Technology is constantly changing and staying ahead of things is becoming harder to do with each new day. Wal-Mart is successfully keeping up or possibly passing other competitors with the decisions they make on how to keep up. In 2001 Wal-Mart decided to renovate its technology by changing all of its mainframes and storage products to IBM. In doing so it is keeping its own technology ahead of the curve. It is decisions like choosing to change over all of the older technology to newer technology that allows Wal-Mart to keep up with all of the consumer demands. There are a lot more people shopping on line which means it is necessary for them to the necessary technology that will allow them to keep up or stay ahead (Deango B, 2001). Wal-Mart is constantly bringing new products to consumers giving them what they want at lower prices than competitors. As a part of innovation Wal-Mart has to constantly adapt to the changes and demands of the consumers. Coinciding with the four parts of management it takes careful planning to know what products should be sold and when. It takes good leaders to get employees ready for the new things to come, and listen to the feedback coming from internal and external costumers. Wal-Marts management and its four functions take the new innovated ideas from its employees and put them in practice stimulating them to bring even more ideas that help them keep ahead of theirs competitors (Deango B, 2001). With being a well known corporation, Wal-Mart managers have two things to consider that can affect planning, organizing, leading and controlling; diversity and ethnics (Bateman Snell, 2009) Wal-Mart went through many of changes in the period of growth but some things are the same. First, Sam Walton never lost sight of the importance of maintaining a strong corporate culture based on three core principles: (1) service to the customer; (2) striving for excellence; and (3) respect for the individual (Mars T, 2004). As time pass by these principles are still the base of Wal-Mart’s culture. In the present, Wal-Mart culture is still based on the same principles (Mars T, 2004). Wal-Mart managers worry about the ethnical diversity when it comes to planning, organizing, leading and controlling to continue to stay profitable. Wal-Mart’s code of ethics do not discriminate under any condition. Regardless of race, religion, gender or disability if a person is willing to work a nd Wal-Mart has an open opportunity the person will be hired. Wal-Mart’s ethnical diversity can affect planning because issues can arise with consumers and workers due to the different types of cultures they may have. Organizing can be affected when you try to accommodate the staff, as some cultures may not be able to work on specific days and hours. Ethnical diversity plays apart, that changes and affect the way Wal-Mart management lead their staff. For example, there may be a manager that is easy going and understanding, on the other hand, a manager finds themselves leading a staff that is lazy, not cooperative, and does not care about the work, they might find another way to lead the team. This may cause the manager to micromanage the staff in order for the job to get done. Ethnical diversity can affect control when managing a staff because it can involve handling problems differently, and the way managers communicate with their staff. If managers don’t follow or enforce rules, then the workers may feel that the rules are not important, which may result into losing the control and respect of the staff. Delegation and Function of Management Delegation is having the management authority to assign tasks and responsibilities to other people, usually subordinates within your group or organization. Although the tasks and responsibilities are transitioned to these other persons, the ultimate responsibility of completion still lies within a higher level manager. Within Wal-Mart, the use of delegation is widely utilized in the managing of the functions leading and controlling. Chart â€Å"A† displays the hierarchy of management and staff within Wal-Mart operations and stores. Delegation occurs within Wal-Mart from the regional management to store manager to assistant manager all the way down to the staff members. However, the ultimate responsibility of the store operations is the regional manager. Wal-Mart is 40% controlled by members of the Walton family (Bateman Snell, 2009). The Walton family delegate assignment of authority and responsibility to their lower level management to oversee the employees to carry out their specific task or duties. Planning requires management to evaluate where the company is currently at, and where it would like to be in the future (Rane S, 2007) in the function of organizing it typically follows planning and reflects how the organizations try to accomplish its goals and objectives. Today, Wal-Mart is clearly more aggressive in offering low prices than excellent service. Those low prices are the result of planning and organizing, including the use of automated data collection and analysis. Wal-Mart divides their employees into different sections in the store to keep things in order. But, everything starts from when the employees in shipping and receive place everything in order for each department. From that point each employee has a task to carry out with placing everything in their department by pricing and organizing everything. Wal-Mart has information systems that keep track of its inventory from receipt to shelf placement to purchase. With the new technology in place the lower level manager can delegate the task according to each department section. The four management function are affected by many internal and external factors that will impact the way in which the company operate and Wal-Mart is not an exception. Factors such as globalization, technology and innovation help Wal-Mart extend its operation to foreign territories and increase their profit margins. Keeping in that it basic code of ethic and use the diversity of its external and internal customers Wal-Mart had solidify as one of the word largest corporation that keeps its customers as their priority number one over any profits they can make. The best and only way that Wal-Mart is been able achieve its goals is the way Wal-Mart delegates throughout the organization making feel every employee an essential asset for the organization success. References Bateman Snell (2009) Management: Leading and Collaborating in a Competitive World. (8th Edition) McGraw-Hill/Irwin Bobby. (2005). Wal-Mart Space. Wal-Mart Structure. Retrieved January 17, 2010 from: http://walmartspace.blogspot.com/2005/10/wal-mart-structure.html Britt D (2010). Impact of Globalization in Creating Sustainable Competitive Advantage. Retrieved on January 15, 2010 from: sdcexec.com/web/online/In-Depth/Impact-of-Globalization-in-Creating- Sustainable-Competitive-Advantage/4$9855 Deango B (2001). With New Technology, Wal-Mart Could Gain Edge Over Competitors Massive Hardware Upgrade IBM is big winner in deal, beating out Hitachi, EMC for $40 million contract.(Internet Technology). Retrieved on January 17, 2010 from: accessmylibrary.com/article-1G1-106013810/new-technology-wal-mart.html Mars T (2004) Wal-Mart Legal Department Diversity. Retrieved on January 17, 2010 from: abanet.org/minorities/publications/g9/v10n4/mars.html Patel R (2006). Managing Wal-Mart: How U.S.-Store Chief Hopes to Fix Wal-Mart. Retrieved on January 16, 2010 from: http://wsjclassroom.com/monday/mx_06apr17.pdf Rane S (2007) The Four Functions of Management: Foundation for All Management Concepts. Retrieved on January 17, 2010 from: associatedcontent.com/article/373994/the_four_functions_of_management_f oundation.com?cat=3 Virtual University of Pakistan (n.d.) Strategic Management- MGT603. Retrieved January 17, 2010 from: scribd.com/doc/2516371/Strategic-Management Research Papers on Wal-Mart Four Functions of ManagementThe Project Managment Office SystemAnalysis of Ebay Expanding into AsiaMoral and Ethical Issues in Hiring New EmployeesIncorporating Risk and Uncertainty Factor in CapitalPETSTEL analysis of IndiaDefinition of Export QuotasBionic Assembly System: A New Concept of SelfResearch Process Part OneMarketing of Lifeboy Soap A Unilever ProductOpen Architechture a white paper

Thursday, February 20, 2020

A comparative analysis between Total Quality Management(TQM) and the Term Paper

A comparative analysis between Total Quality Management(TQM) and the Six Sigma system of quality improvement as they both relate to healthcare - Term Paper Example s set of processes and techniques to measure, improve and control the Quality of care and service based on what is important to the customer (Woodard, 2005, p.229).† (Majdi, 2009, para.1). care sector, thus offering maximum safety and degree of care in heath care provision. The main areas in which SS could possibly offer its services are medication, supply chain management strategies in tandem with suppliers and vendors, medical reporting, settlement of claims and the outcome of the condition of patients in different levels of care giving. One of the most significant aspects of SS is that it is amenable to quantitative measurements and analyses by the implementation of DMAIC, that is, define, measure, assess, identify and control. Total Quality Management (TQM), on the other hand, is more subjective in its approach, and fundamentally, â€Å"The goal of a TQM program in a clinical healthcare setting is to reduce costs and improve customer (patient) satisfaction.† (Weinheimer, 1993, para.2). Thus, the main objectives of TQM in hospital settings are to find ways and means to improve the quality of service - lesser waiting time, attending complaints promptly and efficiently, providing computer generated prescriptions, reducing medical errors and malpractices to minimal levels, and in short, rendering maximum health care service possible in the minimum timeframe. All these are qualitative aspects, but given the scope for improvement, a blending of SS and TQM (both quantitative and qualitative) could deliver maximum benefits and advantages to customer, clients and patients in a well rounded and innovative way. Perhaps, the best comparison between SS and TQM could be in the delineation of common goals and objectives of these two systems- total patient care and commitment using measuring tools and industry benchmarks. While their respective methods may be slightly different in approach and technique, the ultimate objective of maximum patient care and redefining the