Monday, February 24, 2020

Evaluate the factors necessary for a successful multicultural Essay

Evaluate the factors necessary for a successful multicultural workplace - Essay Example How can we enable excellence at work and leverage on the diversity of culture, given the practical challenges brought about by human differences? While there are multiple factors which influence, impinge upon and determine the extent of success of any workplace, here we examine only those factors that have a bearing on the cultural aspect of the divergence. We also examine the challenges specific to a multicultural workforce and examine the factors that are necessary to make a success of the business operations in such an environment. Business is about people. A well-adjusted and satisfied workforce is the corner-stone of a successful business. A business or a transaction is largely, if not wholly, dependent on communication, which, as we will examine more closely later on, is almost inseparable from the underlying culture of the people involved. This is why it is of essence to understand this fact and hence expend effort towards creating a work culture that utilizes and thrives on the divergence of its workforce rather than allow the differences to create problems leading to an ineffective working environment. Culture in inherent. We live it, breathe it, represent it, but take it for granted. We are almost always affected by the underlying influence of culture but most of the time not conscious of it. Culture not only dictates how we live and behave, it also intrinsically determines the patterns of our reaction to people from other cultures. So what is culture then? Summarizing the many, varied and meaningful definitions, culture can be understood to be the window through which we view the outside world. It is the looking glass which colours what we see around us. It is the primary determining factor on how we speak, behave, work, grow and react to the world around. In the context of business, culture determines our practices and business communication. Business does not occur in vacuum. Nor is the business context, neutral. Business

Saturday, February 8, 2020

Internal Auditing, 4 questions Essay Example | Topics and Well Written Essays - 2000 words

Internal Auditing, 4 questions - Essay Example The complex activities are to be controlled by managements of the organizations, and in the case of companies, naturally the first target is the Board of Directors of such organization made responsible to formulate proper policies, to control the various activities, the organization carries our in different countries, with cross cultures , different moral values, and different customer loyalties. One can see Nescafe, Cadbury product, Lux , Colgate ,cocoa cola, Pepsi, Philips, Sony, Motorola, Toyota and a host of consumer products available through out the world, where customers vary, their cultures vary, but they are bound by these products, which speaks of their qualityThese products made their own language.. For making such universal names, just like the saying that behind every successful man there is a successful woman, behind every successful organization, definitely there is a sound, solid, successful management structure with reliable management principles and policies, to operate their businesses across globe. These managements are successful, because of their management policies, which involve various control systems. Managements strength lies in the policies, they frame, and implementation of those policies, by establishing, various controls, at different levels of management. The first in the management hierarchy, na... Organisation structure --Controlenvironment basically includes the organization structure it self. Management's processes involve planning, organising, and directing the business activities, with the assistance of sound management structure. Different levels of management means-- Management by Board and its subcommittees, top management teams, middle and or functional management teams, operating or supervisory management teams. Boardand StrategicTop Management Middle or Functional Management Operating or Supervisory Management. The first in the management hierarchy, namely the board and top strategic management , formulate (i) the vision, (ii) mission, (iii) objectives of the organization,(iv) long term strategic plans ( ranging from 2 to 5 years period)and approve the plans and strategies prepared by other management structures. Functional management prepares strategiesandshort term plans ranging for six months to a two -year period. Operating management prepares operating plans and operating strategies that will range from one week to six months period. All these plans and strategies should be falling with in the top management plans and strategies. Once they are implemented in true spirit, the organization gives excellent results in all directions. But it is not so simple in the present day organisations. Organisation should have proper control systems in place, and internal audit activity exists to give reasonable assurance to the management that the control environment exists, andcontrol systems established by the management are efficient, effective and economical. Assignment of Authority and responsibility-- Managements function throughby fixing responsibilities on the individual mangers, and

Wednesday, January 29, 2020

America’s cause Essay Example for Free

America’s cause Essay But he calmly proceeded to act his part, pretending not the least bothered by the gut-wrenching ride over a swirling sea. The following day he received this message from the Navy Department: â€Å"Dear Mr. Wayne- we are pleased to record this latest addition to naval lore. To the immortal expression, ‘damn the torpedoes, full speed ahead,’ we now add your own memorable words, ‘get me out of this son of a bitch! ’†(Wayne168-169). Wayne spoke the American language well. Once, asked by a reporter about his rumored plan to run for president, Wayne said, â€Å"Bullshit. † When asked to give a definite comment, Wayne told him to use the word. The following day, this news item appeared: â€Å"When Mr. Wayne was questioned about the possibility of running for national office, he replied ‘Bt! †(Wayne 162). Americans responded to John Wayne in a manner different from other stars of his generation. Other actors simply shed off their screen personae after the lights went off; not so Wayne. Although little was written about his private life (marriage, romantic affairs) until after his death, his public life was an open book that maintained and reinforced the John Wayne mystique. He was a natural treasure who was loved and respected. In 1979 he was awarded the Congressional Gold Medal. In 1998, an Army RAH-66 helicopter was named â€Å"Duke† in his honor. He wore a POW bracelet to show his sympathy with the fighting men in Viet Nam. Speaking extemporaneously before a subcommittee hearing in connection with the bill for the Congressional Gold Medal, Maureen O’Hara Blair, Wayne’s co-star in The Quiet Man, spoke for Wayne: â€Å"He is, believe me, the United States of America. He is a man that has a code of beliefs that he sticks with. He believes in individual responsibility and honor. † Said Reagan of Wayne: I never saw Duke display hatred toward those who scorned him. Oh, he could use some pretty salty language, but he would not tolerate pettiness and hate. He was human all right: he drank enough whiskey to float a PT boat, though he never drank on the job. . . he was virtually always the first to arrive on the set and the last to leave. World War II helped to define what John Wayne stood for. Unable to join the Navy due to an old football injury, his age (34), and being a father of four, Wayne did his part in the war by making movies about America’s fighting men. He appeared minus his horse and six-shooter in memorable films like the Fighting Seabees, Flying Tigers, Reunion in France, They Were Expendable, and Back to Bataan. The 1949 film Sands of Iwo Jima earned Wayne his first Oscar nomination. These films did not have the nauseating gore and graphic violence of present-day war movies, but they exalted the heroism of ordinary men, and people related to them well. Wayne had made it a point not to accept any role that was un-American or tended to denigrate the United States or the American tradition. At a time when he was nearly bankrupt, Wayne bankrolled, starred in, and directed the epic The Alamo, which had been his dream project of many years. In it, playing the role of Davy Crockett, he described the defenders’ role as they waited for the approaching battle with Santa Anna: â€Å"There’s right and there’s wrong. You got to do one or the other. You do the one and you’re living. You do the other and you may be walking around, but you’re as dead as a beaver hat. † As Crockett, he voiced out the timeless yearning of the Texans for independence: â€Å"It means people can live free, talk free, go or come, buy or sell, be drunk or sober, however they choose. † John Wayne did not win on Oscar for The Alamo (except for Best Sound) although it received six nominations, but people came in droves to see the movie. Besides his classic westerns and war pictures, The Alamo is one of his lasting legacies. John Wayne is often equated with conservatism. He was the product of an age when Americans were proud of their heritage, conscious of their country’s new role as a world power and sincerely believed in the righteousness of America’s cause. He was born when Theodore Roosevelt was president, a man who believed in Manifest Destiny and was wont to â€Å"speak softly, but carry a big stick. † Wayne belonged to a generation yet untouched by pangs of national self-doubt, unstricken by remorse over purported wrongs committed by the white man against the natives, the blacks, the Vietnamese, the American youth who were being sent to die in remote battlefields. This was the turbulent 60’s, an age when young Americans were seduced by flower power, discovered new ideologies, adopted a libertarian attitude and opposed any kind of war. In a nation divided by war, John Wayne was seemingly a lonely figure as young Americans felt shame for everything America ever did in the course of her ascent to world dominance. A friend of Senators Barry Goldwater and Joe McCarthy, and former President Ronald Reagan, John Wayne was Republican to the core. Against the weakening of American resolve, John Wayne’s tenacious adherence to the American tradition of duty and honor could only be seen as naivete – sprung from the good guy–bad guy scenarios in his celluloid world. From the 40’s to the 60’s, the Left made inroads in school campuses where teach-ins became common, swaying many of the youth to the new ideology, and threatening to undermine the foundations of the country’s democratic system. Due to its potentials for propaganda, the movie industry was targeted and there were rumors that some Hollywood figures had embraced socialism. In 1944, Wayne helped found the Motion Picture Alliance for the Preservation of American Ideals, in the company of other giants like Clark Gable, Gary Cooper, Walt Disney, and Robert Taylor. He later became president of the association for two terms. He was outspoken against the communist threat. He was mistaken for an archconservative and accused of blackballing movie personalities who refused to cooperate in Congressional hearings, although he never testified, nor did he blackball anybody (Wayne 55). His being perceived as a staunch anti-communist even gave rise to rumors that the late Soviet dictator Joseph Stalin plotted to have him murdered (Soviet Dictator).

Tuesday, January 21, 2020

Motifs In A Prayer For Owen Me :: essays research papers

Owen Meany Motif   Ã‚  Ã‚  Ã‚  Ã‚  A Prayer for Owen Meany by John Irving has many different motifs. One dominant motif is armlessness. Armlessness was a reoccurring motif throughout the story and came up in many occasions. It seems to symbolize helplessness or being under your own control. There are a variety of things throughout the novel that gives off that feeling.   Ã‚  Ã‚  Ã‚  Ã‚  The armadillo was very dear to John. He had gotten it from Dan Needham the only gift he kept from one of his mother’s beaus. It had great sentimental value to him and to young Owen who had also become attached to it. That’s why it showed great emotional distress on Owen’s part when he removed the claws of the armadillo. He did this when he had hit Johnny’s mother with the foul ball that killed her. Dan had interpreted it as trying to say that Owen was helpless now and that he couldn’t do anything to change what he had done on accident. Though that might be the partial truth it could also symbolize something different. Almost saying that he is the armadillo and he wasn’t in control of himself, but was the instrument of God. His hands were not his own. Though the armadillo never recovered from the declawing, it had mended John and Owen’s friendship and helped ease some of the pain of that situation.   Ã‚  Ã‚  Ã‚  Ã‚  The statue of Mary Magdalene sat in front of a concrete arch. “She was like a goalie protecting her goal,'; John had noted. Owen had sawn off her arms when he was expelled from Gravesend Academy. This might also symbolize Owen’s helplessness, not being able to change what had happened. When the statue is returned John notes that she is unable to protect her goal.

Monday, January 13, 2020

Calculating Correlation Values for Categorical Data

Calculating correlation values for categorical data In order to find the correlation values for the fields in our data set, The Pearson Correlation Coefficient was used. This requires that the data in both fields be quantitative. But what if we were looking to calculate the correlation on two given fields that were say, numerical and categorical, or even both categorical. The Point Biserial coefficient is a special case of The Pearson Correlation Coefficient; it is a branch of PCC although they are mathematically equivalent.It is used when one field has quantitative data and the other has categorical values, specifically categorical data that can only be one of two options for example gender. To calculate the PBC the data is divided between the two values of the dichotomous data, where the two values of this field are given the values 0 and 1. The distribution of the data will in general show the frequencies for each value and can be used to show how well two fields are correlated.Sp earman’s Rank Order Coefficient is a method of estimating correlation between data that is nominal and importantly must be ordered. It checks how well the relationship between the two fields can be described using a monotonic function Another method for calculating the correlation is the Chi squared Test, this requires data to be classified and frequencies worked out in a table. From this table the correlations can be determined using the Chi Square Test, this works on any pair of nominal or categorical fields

Sunday, January 5, 2020

Student Loan Debt And Its Effect On Our Economy - 1431 Words

Portfolio Project Throughout the years student loans has increasingly began to affect our economy and is a large and growing issue. Mounting student loan debt is ricocheting through the United States, now affecting institutions and economic patterns that have been at the core of America s very might (Holland 2015). General economic principles are affected by the constantly growing student loan debt in the economy. Macroeconomic indices are identified and defined with their roles in student debt growth and affect in students’ lives. A proper evaluation, decision, and forecast will be revealed to suggest a better approach at the growing issue. The cost of education continues to increase making it difficult for individuals to afford on†¦show more content†¦Programs are offered to graduates that assist them in decreasing their student debt, such as SmarterBucks. The basic idea is a twist on classic loyalty programs, which reward customers with points that translate into d iscounts, airlines miles, or cash back. In this case, participating merchants pay SmarterBucks a referral fee, up to 10 percent, on every purchase that originates from its site. SmarterBucks then rewards half of that amount to the member who made the purchase — in the form of direct payments to their student loan servicers (Shekhtman 2014). The incentives of borrowing in order to obtain a degree is driving students into debt and they’re often unable to practice in their field. Benefits Generally when students are evaluating their college selections they consider the forms of financial aid. Scholarships and grants are always the preferred form of financial aid as they do not require repayment, and can be considered free money. But even with scholarships and Federal grants, most students will face a gap in their college fund that requires a student loan of one form or another. Both Federal and private lenders understand the requirements of a college career, and strive to make education loans easier to manage for the student borrower. (GoCollege 2016). Lenders offer low fees on student loans making it manageable for graduates and it can also greatly increase credit scores along the way. Employees with a degree often receive higher benefits

Saturday, December 28, 2019

Mcdonald s The World s Leading Fast Food Service...

The McDonald’s Corporation is the world s leading fast food service retailer. In 1948, This infamous fast food company initially began as a small hamburger stand in Des Plaines, Illinois. This restaurant which would soon become a market leading force. It was founded by two brothers, Dick and Mac Donald. McDonald’s currently has over 30,000 restaurants in over 100 countries. McDonalds serves nearly 47 million customers daily. It is one of the worlds most well-known brands and is a significant leader in the highly globally competitive food industry. McDonald’s has numerous social and economic influences across the world. Thus, McDonald’s has become an inherent aspect of various cultures world wide. Its menu consists of a very diverse food group. This includes foods such as; Hamburgers, Apple Pies, Sausage Biscuits, etc. McDonalds also implements locally adapted food menus. As there are McDonalds over 119 countries, the diverse cultures’ taste buds are different from European or US consumers. Although the menu may attract an array of customers, McDonald’s consistently makes minimal changes that will maximize results. As a result of many changes in the habits of many individuals world wide, competition and other factors such as the economy and profit loss, McDonalds attempts to continue new innovations and services. These attempts are in hope of maintaining old customers, attracting new customers and ultimately increasing revenue and profit. Over the past 60 years,Show MoreRelatedChannels of Distribution: McDonalds.871 Words   |  3 Pagesdistribution strategy with the underlying real life examples of McDonald s fast-food restaurants. The aim is to discuss McDonald s distribution channel and the way in which this fast-food restaurant chain gets its products to the market. In the theory of the Marketing Mix, place (distribution) determines where the product will be sold and how it will get there. In fact, as noted on www. mcdonalds.com, McDonald s is the leading global foodservice retailer, with more than 30,000 local restaurants serving nearlyRead MoreMcdonald s The World s Leading Global Food Service Retailer1409 Words   |  6 PagesSemester Paper McDonald s is the world s leading global food service retailer with over 36,000 locations in over 100 countries. More than 80% of McDonald s restaurants worldwide are owned and operated by independent local business men and women. The McDonald family moved from Manchester, New Hampshire to Hollywood in the late 1930s, where brothers Richard and Maurice McDonald began working as set movers and handymen at Motion-Picture studios. In October 1948, after the McDonald brothers realizedRead MoreMarketing Plan For The Fast Food Industry Essay1570 Words   |  7 Pagesintegration of the innovations; either through strategic influences, cultural diversity, or the technological advancements has increased. Therefore, while launching the new products or assimilating the innovative change in the business processes or services, the requirement of the market plan is perceived efficient. It is also known that the development of the marketing plan supports the businesses to integrate the unique ele ments and attract the appropriate target audience. Moreover performing theRead MoreMcdonald s A Fast Food Restaurant1173 Words   |  5 Pages McDonalds brothers started in 1941 with a unique and attractive idea by opening a fast food restaurant and it was successful, and McDonalds was said to be the first of their kind in the fast food industry which gave a great opportunity to entering the market and shortly after that dominating it for years, they almost had no barriers for entry and they were also able to crush the rivalry old classical eat-in- restaurants with their unique idea of foods that were of a good quality, quickly assembledRead MoreMcdonald s Management Principles And Reward Systems1360 Words   |  6 PagesMcDonald’s is one of the most leading food service retailers in the world, with over 35,000 local restaurants in more than 100 countries. It s renowned for its cheeseburgers, hamburgers, chicken products, breakfast meals, desserts, french fries and shakes. Maurice and Richard McDonald first established the business in 1940 in San Bernardino, California and in 1954 Ray Kroc joined, where they built t he business into the most successful food chain and has become the most loved fast food brand around the globeRead MoreBurger King Marketing Essay1183 Words   |  5 Pagesis one of the world’s leading fast food restaurants with more than 12,170 restaurants in 76 countries throughout the world. The chain offers a range of burgers, sandwiches, salads and breakfasts, french fries, soft drinks and other food items. The company generates revenue from three sources: retail sales at company restaurants, franchise revenues and property income of restaurants that BKC lease or sublease to franchisees. (Marketwatch). A product can be an idea, service, good or any combinationRead MoreOperations Management : Mcdonald s Marketing Management1435 Words   |  6 PagesSummary 2 Introduction 3 About McDonald’s 4 Process of McDonalds 4 Operations management 5 Operations managers 5 Operation strategy of McDonald’s 5 Pricing strategies of McDonald s 6 Innovation at McDonald s to improve operations and services 7 Inventory management 8 The Just-in-Time (JIT) Approach 9 Just- in-Time (JIT) Approach in McDonald’s 9 Advantages and benefits of JIT approach 10 Capacity management 11 Capacity strategies 11 McDonald s capacity strategy 11 Quality management 12 Quality managementRead MoreMcdonalds and the Hotel Industry Case Study Analysis Essay1083 Words   |  5 Pagesone of the world’s strongest and most recognizable brands for its â€Å"world’s best quick service restaurant service experience† (Vandenbosch and Mark). This case study states that McDonalds plans to extend its brand into the hotel industry by opening a hotel in Illinois. The authors look at the hotel venture’s positioning options and the McDonald’s brand extension into a different product class. In order for McDonalds to successfully extend their brand into the hotel industry, they must manage their growthRead MoreMc Donalds Maketing Strategies Essay1527 Words   |  7 Pages‘McDonalds is the worlds leading foodservice retailer with more than 30,000 restaurants serving nearly 46 million people in more than 110 countries each day. In the UK, McDonalds and its franchisees employ 70,000 staff in 1235 restaurants. This is McDonalds 30t h year of operating in the UK. http://www.mcdonalds.co.uk/?f=y [accessed 16th November] Those infamous golden arches have come a long way since being established in 1940 by Dick and Mac McDonald. Ray Kroc, credited with the chainsRead MoreMcdonald s : The Biggest Fast Food Chain2903 Words   |  12 PagesSandhu carson heppell Introduction McDonald’s is the biggest fast-food chain in the world. The McDonald’s brand is worth about 95 billion dollars U.S., which leads the next place restaurant, Starbucks, by 78 billion dollars U.S. (Statista) McDonald’s makes the most money in fast food on the planet. 27.57 billion dollars U.S. was made in revenue in 2012(Statista). Currently, McDonald’s has over 35,000 restaurants operating all over the world in over 100 countries, which adds up to serving around 100