Dunlaps aim for ailing companies Essay Example | Topics and Well Written Essays - 750 words

Dunlaps aim for ailing companies - Essay Example During 1997, Sunbeam's management also showed hoax guaranteed sales, improper bill and hold book sales and also resorted to other fraudulent practices. Out of the net income of US$ 189 million, it is estimated that at least US$ 62 million was from fraudulent accounting practices followed by the company. Dunlap was a management expert who specialized in quick fix solutions for ailing companies. Critics say that he specialized in streamlining the bottom-line of the ailing firms by firing employees and resorting to other cost cutting measures. This would make the company more profitable in the short term, but add to difficulties since such measures would equally strip the company of both talent and capability to compete in the international environment. They point to the fact that most of Dunlap's previous firms have been put up for sale after the dramatic recovery they staged and have never been capable of outdoing its competition on its own. Dunlap's aim has always been to improve the performance of the company on the books and then sell it off at higher prices as the stock value escalates in the expectation of higher returns. At Sunbeam, he attempted the same strategy and did nothing creative about it. In order to cut short the time frame to correct the company's book, he resorted to sales and accounting frauds and the debt financing of three acquisitions to increase the turnover and asset base of the firm. The celebrity CEO was also followed closely by the media who was highly skeptical of his style of aggressive and inhuman decisions. The over ambitious CEO was overpowered by the media who alerted the shareholders and the authorities about his way of functioning and the glorification of the company destined to doom. The senior management of the company also did little to control the massive information leakage once the media opened the lid of the mismanagement can. The CEO had cut over half of Sunbeam's jobs soon after he took over. The share price shot up to over US$ 53 in 1997 from a mere US$ 12. Many share holders had already sold their stake in the company. But growing public concern led to the CEO himself being victimized at the end. The board of directors fired Duncan to save their embarrassment and filed for closure. 3. Identify ethical issues that Dunlap's management team may have created by adopting a short - run focus on financial performance. What lessons could be learned from the outcome Dunlap's management team had overlooked the primary aim of all businesses - to create social wealth. He had specialized in the short run concept after he discovered the pleasure of making money by selling off his previous firms to high bidders who bought the revived companies to add to their wealth. But in the process of streamlining a sinking firm, he had thrown overboard a large chunk of its employees and the beneficiaries of its functioning. His focus was always the small community

Daoism and Confucnaism Notes Essay Example for Free

Daoism and Confucnaism Notes Essay Daoism is the Pinyin transliteration Taoism was the earlier Wade-Giles transcription of the same word. The sacred rituals are called li. They are essential because the ancestors will help their descendents, if treated with proper respect, or cause trouble if ignored. They beleive in nature spirits such as plants, animals, rivers, stones, mountains, stars, all parts of the natural world are vitalized by cosmic energy personified and honored as deities. Shangdi (Shang Ti) is the Lord-on-High, ruler of the universe, the supreme ancestor of the Chinese. He was a spiritual being. Deities governing aspects of the cosmos and the local enviroment are subordinate to him. This deity is conceived as masculine and closely involved in human affairs, but not a creator God. qi (chi) is a belief that the cosmos is a manifestation of an impersonal sel generating energy which is called qi. This force has two aspects whose interplay causes the ever changing phenomena of the Universe. Yin is the dark, receptive, female aspect: Yang is the bright, assertive, male aspect. Wisdon lies in recognizing their ever shifting but regular and balanced, patterns and moving with them. This creative rhtym of the universe is called the Dao (Tao) or way. Yijing ( I Ching) or the Book pf Changes it is a common source for both Daoism and Confucianism and is regarded as a classic text in both traditions. The more mystically religious ways, which are collectively called Daoism, and the more political and moral ways, which are known as Confucianism. Like yin and yang, they interpenetrate and complement each other, and are themselves evolving dynamically.

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El tà ³rax es la porcià ³n del cuerpo que se halla entre el cuello y el abdomen. Envuelve las costillas y el esternà ³n. Interiormente en el pecho se localiza diversos à ³rganos como el corazà ³n, pulmones y esà ³fago. La pleura, una membrana de tejido delgado, reviste el interior de la cavidad torà ¡cica. Observa el tà ³rax para determinar si la frecuencia y los movimientos respiratorios son normales Para que luego se percute el pecho con los dedos para saber si los pulmones està ¡n llenos de aire, lo que es normal, o bien si contienen là ­quido, lo cual es anormal. La percusià ³n tambià ©n permite determinar si la membrana que envuelve el corazà ³n (pericardio) o la que cubre los pulmones (pleura) contiene là ­quido. Colocar la mano sobre el tà ³rax para determinar el tamaà ±o del corazà ³n y el tipo y la fuerza de las contracciones durante cada latido. A veces, un flujo de sangre anormal y turbulenta dentro de los vasos o entre las cavidades del corazà ³n, provoca una vibracià ³n que se percibe con las yemas de los dedos o con la palma de la mano. Un flujo sanguà ­neo turbulento generalmente aparece cuando la sangre pasa por và ¡lvulas estrechas o que no cierran bien. En el caso de los derrames pleurales: se encuentra matidez a la percusià ³n (eventualmente con curva de Damoiseau) con disminucià ³n de las vibraciones vocales a la palpacià ³n. En el caso de condensaciones pulmonares: se encuentra matidez en la percusià ³n con aumento de la transmisià ³n de las vibraciones vocales en la palpacià ³n. En el caso de una atelectasia: se comporta parecido a un derrame pleural pero no se da una curva de Damoiseau. En el caso de un hemidiafragma ascendido: matidez de la base, falta de desplazamiento con la respiracià ³n, ausencia de transmisià ³n de vibraciones vocales en esa zona. En el caso... ...a columna. Colocando el fonendoscopio sobre las arterias y las venas en cualquier lugar del cuerpo, se pueden detectar seà ±ales de flujo turbulento, llamados soplos, causados por un estrechamiento de los vasos o por comunicaciones anormales entre ellos. No todas las enfermedades cardà ­acas provocan soplos y no todos los soplos indican un trastorno. En una estenosis mitral en ritmo sinusal: ritmo regular; primer ruido acentuado; en el dià ¡stole se ausculta un chasquido de apertura seguido por una rodada mitral, de intensidad III/VI, con un refuerzo pre sistà ³lico. En una insuficiencia aà ³rtica en ritmo sinusal: ritmo regular; segundo ruido disminuido de intensidad; soplo diastà ³lico en decrescendo, grado II/VI, que se ausculta en el foco aà ³rtico y borde para esternal izquierdo. Soplo meso sistà ³lico grado II/VI en el foco aà ³rtico que se irradia a la base del cuello.

Federal Poverty Lines Essay

The common issue concerning the annual Federal poverty levels that are universal for all the lower forth eight states are that the poverty level measures are limited. In other words, the poverty thresholds doesn’t represent a budget for basic necessities of life nor it addresses the supplementary amount   to allow for other basic needs such as household supplies, person care, etc(Madden, 182). Also, the federal poverty lines by family size do not use consumer expenditure data and it is not updates. It is not adjusted by family types and geographical differences in housing concepts. Problems with Absolute Federal Poverty Level Absolute federal poverty level is enumerates the numeral value of people below poverty threshold which does not depend on time and place (Madden, 183). In other words, it is constant. It is incorrect to calculate absolute federal poverty level because it is only possible because the amount of wealth essential for survival is not constant for all places and time periods.   For example, a person living Alaska requires more sources of heat because of its cold climate whereas a person living in Hawaii does not. As compared to absolute federal poverty level, relative poverty level is dependent on time and place (Madden, 183). Poverty Levels, Family Size and Cost of Living The federal government does not raise the poverty levels by family size to reflect the cost of living of a geographic area because the poverty threshold level varies from one place to another. The current poverty levels by family size are measured by comparing the individual’s family income to the essential amount necessary for standard of living (Rogers, 85). It has been used as the primary statistic by the U.S federal government to allocate mean-tested social welfare benefits. Expenses in NYC versus Other States New York City is considered to be the most expensive cities to live in. New York remains the most expensive city within United States. According to statistics, the median earnings of New York are more that sixty thousand dollars which is ten thousand dollars greater than the national median. The overall average living expenses in New York are more than one hundred and ninety dollars (Rogers, 185). Housing expenses are more than three hundred thousand dollars and secondary education is more than two thousand dollars as compared to the nation average. Other facilities are also expensive as compared to other states. For example, a person living in Pittsburg who earns fifty thousand dollars will need one hundred thousands dollars to survive in New York. Over all, living expenses in New York is twice as much as compared to other states. Juvenilization and Feminization of Poverty Juvenilization of poverty is has been derived from the word juvenile and poverty. Poverty is defined as the scarcity and deficiency assets, income, capabilities or freedoms. Juvenilization is associated with children. Hence, juvenilization of poverty means that children are deprived of basic necessities of life. According to statistics, one out of six children in United States suffers from poverty. Studies also show that more than thirty percent of children are living below poverty line although they make up more than twenty eight percent of the population. The term feminization of poverty has been originated from the definition of two words which are poverty and feminization. Feminization is the term which illustrates that gender partiality and bias in deprivation of resources, capabilities or freedoms. Hence, feminization of poverty is considered to be a concept which compares male and female and what are the differences or ratios between the two in terms of poverty levels. It represents the inability of women to meet the basic necessities of life. Personal Costs of Poverty and Problems with Federal Approach towards Poverty According to the data collected the U.S Census Bureau, the personal costs of poverty on family and children of four is $22,050 per year and for family of eight is $37010 per year and for every additional personal $ 3740 is added (Madden, 196). There are certain sets of specific policies and programs which are flawed because they cannot fight poverty. Aid to Families with Dependent Children has provided families with cash assistance but it comprises about one percent of the federal budget. AFDC polices have serious weaknesses which makes the poverty rate higher as compared to other countries. The weaknesses in the current policies can be classified into two broad categories namely, inadequate livable wage jobs and inadequate social welfare policies. The AFDC policies do not have policies which guarantee childcare for families who are living below two hundred percent of poverty. It doesn’t have policies which assist child support and low incoming individuals. Other problems include lack of workforce education and training programs, benefits and inadequate job policies. Social Work and Poverty and Modifications in Federal Policies As a social worker, I will apply my social work training in system to understand the nature of poverty and its origin. As a social worker, poverty must be combated at macro level so that poor families can afford childcare, housing, mental health treatment and education and employment opportunities (Rogers, 221). On broader scale, the first thing to help poor families would be through community organizing in poor neighborhoods. This can help in organizing the community’s asset and combine them with other resources to create and set up local structure which assist health, education and financial viability. This will empower the community residents to be active and support local initiatives. In order to reduce poverty, the federal government should recognize and produce measures to tackle issues of well being beyond the income status. The federal government should introduce a guarantee for child care for families living at or below two hundred percent of poverty in order to improve the quality of child care. It should also assist child support and fathers who have low incomes. In order to remove the future generation from poverty, the federal government should increase child support programs and adopt pragmatic policies for low income families. At the same time, workforce education and training programs should be introduced to assist low-income individuals to advance economically. The government should also improve job quality with the help of earnings, benefits and other predictable measures so that workers can meet both work and family responsibilities. Work Cited Madden, David. â€Å"RELATIVE OR ABSOLUTE POVERTY LINES: A NEW APPROACH.† Review of Income & Wealth 46 (June 2009): 181-199.   Rogers, Harrell, R.. American Poverty in a New Era of Reform. New York: M.E. Sharpe, Inc., (2006).

Hr Aspect of a Company

This could be training the knowledge and clarity of thought that a retain kind of person is required to do a certain kind of task with a certain form of talent. Then starts the deal of profiling the said candidates and the best are chosen and taken aboard. The resumes of these candidates strictly related to the work the employee is meant to do or various other forms of training methods to improve the overall efficiency of the individual (Asks and Bellower 640). Training and development are closely related.All kinds of development that is seen in an employee stems from training In his/her work field or otherwise however, all forms of training need not serially lead to assured development. This Is when the human resources wing of the company comes Into the picture and Is expected to do a good Job. Calabash, Van Dam and Hutchins (2010) stated that â€Å"I didn't list listening as one of my skills, probably because I TLD hear what the Interviewer asked† (p. 1 94). This Is a typica l problem with inefficient human resources and it should be countered appropriately.The entire process of recruitment begins with are then studied to understand where their career is headed. This is done to keep in mind in case later on there is a chancy in a different position, the same people can be employed instead of hiring fresh from outside. In this article, the training programs available at the Marriott International Group of Hotels will be discussed at length. To start off, it is important to understand and accept that the labor force employed In the hotel and hospitality industry is the most refined and expensive.As a result, It Is essential that through various motivational, skill oriented and product related training, this workforce Is retained by a substantial period of time. Else the cost of recruiting fresh people will e unnecessary. This brand Is one of the top In the world, so as part of their corporate training responsibility, they ensure that proper training is me ted out to each and every member of the work force, right from the entry level to the head honchos (Fischer and Friedman 21).Marriott takes on board the smartest young faces from the universities and most hard working people from other sources to Join the team. Marriott management-training positions offer these candidates opportunities to enhance their careers and the future of the Marriott business (Fischer and Friedman 22). On a societal level, a complete and collective approach to the hospitality workforce has a direct impact on the money that communities make. Hotels create Jobs and salary is generated through both direct employment and a large network of suppliers.Woodlouse (2012) noted that â€Å"Some people today are wandering generalities Instead of meaningful specifics because they have failed to discover and mine the wealth of potentials In them† (p. 1141 Amorist's Management Development Program (MID) is a convenient program that is paced to suit individual training to entry-level Marriott managers with the knowledge and skills that are accessory to perform their work and provide top class customer service. This program will also assist in developing discipline oriented and on-the-Job technical acumen needed to be excellent in the Job.The management skills needed to ensure a path breaking career with this top notch hotel will improve as an assistant food and beverages manager will be different from the responsibilities of a floor manager. Career opportunities too are a plenty in Marriott. The example of Steven Craig is very popular in the circles of Marriott. He comes from the city of Chicago and loves the boy band Battles and plays guitar, bass and piano. Steven has also found a firm place in his career at Marriott.In Just a little over four years with Marriott, he has performed so well that his efforts have been recognized and show cased. He has maintained quite a good track record. Steven has already gained a lot of experience at several un ique large sized companies. Also, in his present role as Assistant General Manager, has even assisted in opening a hotel from the ground floor upwards (Chubbier, Van Dam and Hutchins 191). Steven Joined Marriott straight completing his graduation examination as a fresher, through the ManagementDevelopment Program of Marriott and has been very happy with the career development and enhancement possibilities that has been provided to him. He says that every day is an all new experience for him. There are plenty of challenges and hard tasks he has to complete but he feels grateful that invariably he gets the support he needs to deliver good customer service and his performance to the next level of excellence. Marriott understands its employees better than most in the market at their level. They understood that Steven has a great passion for music.Steven understands the importance of working harmoniously in the workplace too. He says that as an Assistant General Manager he has to get int o several roles and his work is not limited to any one area only. He has to oversee and supervise various functions of the hotel such as front office, food and beverages desk, room service, security and housekeeping. He has to ensure that his team is in sync and working together collectively as a unit and performing under all possible situations, favorable or otherwise.There has to be one person who has to keep people together, keep them motivated and pleased. It is a big challenge for him but that is part of his daily work and he enjoys it fully. He has to be available at all times for his staff in case they find themselves in a spot of bother. Stevens love for music makes him tuned in to his responsibilities so well (Woodlouse 1135-1137). The teamwork training opportunities are also healthy in the Marriott. Famous lecturers come to their training rooms to speak to the staff and motivate them to work together to reach their goals.They develop various training modules and workshops to help deliver them messages better. Big speakers here include Gregg Gregory who spoke to the team and beseeches them to come together during his personal loss and how Alex Shame and he rest of the team members allowed him to get over the emotional stress (Chubbier, Van Dam and Hutchins 197-199). Marriott is also well known for the communication training it provides to its employees. Their spoken language has to be impeccable to keep up their standards and their competitive place in the market.There are professional trainers available who hone the skills of the staff and also Woodlouse (2012) stated, â€Å"Library Instruction is beneficial to all students. Learning together as a group reduces some of the stress and anxiety students may have when trying to learn about the libraries' various resources. The instruction sessions are customized presentations, with hands-on training when possible, specifically tailored to class's assigned research† (up. 1137-1138). The think tank of Marriott is now slowly and steadily delving into the details and benefits of creative thinking on the part of its employees.

How to Write Acknowledgements - Proofeds Writing Tips

How to Write Acknowledgements - Proofeds Writing Tips How to Write Acknowledgements If you are near the end of your thesis, you can start to think about putting on the finishing touches. One thing you will have to do here is write your acknowledgements. A lot of people worry about this, but there’s really no need. As we are about to show, its actually quite simple! What Are Acknowledgements? The acknowledgement section of a thesis is where you can thank everyone who has helped you in your research. It is typically located at the beginning of your thesis, right after the contents page, and shouldn’t really be more than one or two pages long. The best thing to do is to keep it concise. Who Should I Thank? Think about the people who were of crucial importance during your research. This could include friends, family or professors, or even volunteers who have taken part in your research. Its also important to acknowledge professional bodies who have given you funding or other help. How Should I Write It? There are no strict requirements for the tone of your acknowledgements; its essentially the one section where you can be a little bit more informal! Try to make sure the tone fits the person or organization youre thanking, though, maintaining a formal approach when addressing funding bodies or other official groups. Other than trying to be concise, the main thing you should keep in mind is varying your language, if only because starting every sentence with I would like to thank will sound a bit dull. There are several ways you could word your thanks. A few suggestions are: This research would not have been possible without†¦ My sincere thanks go to†¦ I am grateful to†¦ Heartfelt thanks to†¦ I would like to express my gratitude to†¦ Appreciation is due to†¦ I acknowledge the contribution of†¦ I am indebted to†¦ And that’s all there is to it! Relax and enjoy writing your acknowledgements. If youve got this far in the thesis-writing process, youre over the toughest bit now!

How to Use the Inverted Pyramid in Newswriting

How to Use the Inverted Pyramid in Newswriting Inverted pyramid refers to the structure or model commonly used for hard-news stories. It means that the most important, or heaviest information goes at the top of the story, while the least important information goes at the bottom. Heres an example:  He used the inverted pyramid structure to write his news story. Early Beginnings The inverted pyramid format was developed during the Civil War. Correspondents covering the great battles of that war would do their reporting, then rush to the nearest telegraph office to have their stories transmitted, via Morse Code, back to their newsrooms. But the telegraph lines were often cut in mid-sentence, sometimes in an act of sabotage. So the reporters  realized they had to put the most important facts right at the very start of their stories so that even if most of the details were lost, the main point would get through. (Interestingly, the  Associated Press, which is known for its extensive use of tightly written, inverted pyramid stories, was founded around this same time. Today the AP is the oldest and one of the largest news organizations in the world.) Inverted Pyramid Today Of course, some 150 years after the end of the Civil War, the inverted pyramid format is still being used because it has served both journalists and readers well. Readers benefit from being able to get the main point of the story right in the very first sentence. And news outlets benefit by being able to convey more information in a smaller space, something thats especially true in an age when newspapers are literally shrinking. (Editors also like the inverted pyramid format because when working on tight deadlines, it enables them to cut overly long stories from the bottom without losing any vital information.) In fact, the inverted pyramid format is probably more useful today than ever. Studies have found that readers tend to have shorter attention spans when reading on screens as opposed to paper. And since readers increasingly get their news not just on the relatively small screens of iPads but on the tiny screens of smartphones, more than ever reporters must summarize stories as quickly and as succinctly as possible. Indeed, even though online-only news sites theoretically have infinite amounts of space for articles, since there are no pages to be physically printed, more often than not youll find that their stories still use the inverted pyramid and are very tightly written, for the reasons cited above. Do It Yourself For the beginning reporter, the inverted pyramid format should be easy to learn. Make sure to get the main points of your story - the five Ws and the H - into your lede. Then, as you go from the start to the finish of your story, put the most important news near the top, and the least important stuff near the bottom. Do that, and youll produce a tight, well-written news story using a format that has withstood the test of time.