Tourism and the Economy Research Paper Example | Topics and Well Written Essays - 1500 words

Tourism and the Economy - Research Paper Example What are the strategies important for the development of tourism industry? What are the factors that may influence the growth tourism industry? Literature review Economic importance of tourism industry According to UNWTO (1) â€Å"In 2011, international tourism receipts exceeded US$ 1 trillion for the first time, up from US$ 928 billion in 2010.† Tourism industry as a growing service sector is diversified and includes hotels, airlines and other transportation, resorts, parks, shopping malls, motels and entertainment venues. It could be observed from the World Tourism Barometer furnished by UNWTO (2), that the growth of tourism industry in BRIC countries has been phenomenal during the year 2011 with Brazil at 29.5% (Rank from 18 to 12), Russia at 22.1% (9 to 7), India at 32.9% (24 to 22) and China at 32.2% (no change) with US and Euro zone though positive with less than 10% growth. Growth of tourism is largely linked to recent economic growth in these economies. For some small countries like Singapore, Dubai and Fiji, tourism industry is the major source of foreign exchange. Tourism sector plays an important role in employment generation. UNWTO (3) stated â€Å"Participants at a major United Nations Conference on Trade and Development (UNCTAD XIII) have underscored the role of tourism as a vital service sector, contributing to GDP and employment in developed and developing countries alike.† Stability and growth in earnings in this sector would lend flexibility in management of balance of payments position of a country, if the potential of this industry is recognized and necessary initiatives taken by the government for its growth. Development of tourism industry The growth in international trade and businesses due to globalization is closely linked to the development of tourism industry. The tourism industries of emerging economies like China and India have been benefited greatly by industrial developments. However, marketing in respect of individu al companies in the industry should be backed up with effective planning and establishment of standards and communication facilities for sustainable future growth. The standards adopted in the industry and the categorization of customers or services offered underwent significant changes over time. Sharpley and Telfer (2008, p. 27) stated â€Å"Approaches to tourism development, then, have evolved over time from traditional, modernist economic growth models through to sustainable approaches that attempt to balance tourism as a profit-driven, resource-hungry activity with the developmental needs of destination environments and communities.† Diversity in workplace is very important for meeting the demands of the customers with different cultural and social backgrounds. The unique feature of this industry is that the languages spoken and customs, habits and behaviors of the customers vary significantly. Also, the types of services offered are multifarious from catering and lodgin g to recreation, health, sports, travelling and event management. Therefore, role of HRD in recruitment, placement and training is very important. Retaining and attracting talents to businesses is a challenge to the industry. The tourism industry has successfully weathered the European financial crisis. Economic growth in the developing countries is expected to help industry’s growth. Convergence of technology and emergence of social networks have acted as a catalyst for the business growth

Biology of food Essay Example | Topics and Well Written Essays - 1250 words

Biology of food - Essay Example Insulin and leptin regulate food intake and body weight, thus consumption of high fructose corn syrup sauce contributes to increased energy ingestion and weight gain. This is because high fructose corn syrup is absorbed faster than general sugar (glucose) and it does not fuel the manufacture of insulin or leptin. This prevents body signals triggers for being full and leads to over consumption of calories consumed. Consumption of this sauce leads to the body storing the excess calories as fat. This fat storage is commonly evident with the increase of obesity rates and other diseases i.e. diabetes in America. 2.So here's our cow Rupert, trudging down to the Rio Grande, then back up to the plains to graze.   Nivanka starts trying to visualize what's going on in his leg muscles. Muscle tissue is disseminated almost everywhere in the body. Muscles are responsible for the movement of materials within and throughout the body. Muscles contain 4 unique characteristics: elasticity, extensibi lity, contractility, and excitability. Each skeletal muscle is made up of fascicles; which are bundles of muscle fibers. Muscle fibers have myofibrils; which are composed of myofilaments. Actin and myosin are located in muscle fibers. They play a role in muscle contraction; producing movement. In regard to muscle movement, the protein heads of myosin cross- bridges connect to an actin binding region and bend slightly; heaving actin filaments with it. This aids the muscle in movement production. Tropomyosin covers up the regions of attachment when the muscle is not contracting. ATP helps muscles to perform their functions. ATP is made by the muscles. The following steps make ATP: creatine phosphate is broken down by the addition of ADP to create ATP. Second step: Anaerobic respiration is carried out; glucose is broken down to lactic acid ATP is formed. Third step: Aerobic respiration is carried out, glucose, fats, amino acids, and glycogen is broken down in the existence of oxygen to create ATP. Energy obtained from ATP is used to reorganize the myosin cross- bridge protein head and liberate the actin filaments. The force of contraction in a muscle cell is generated by the cyclic interaction of two proteins, namely actin and myosin. The free energy that drives this reaction is obtained from the hydrolysis of ATP. ATP binding provokes a conformational revolutionization in myosin that deteriorates its actin affinity and causes myosin to detach from actin. ATP is hydrolyzed to ADP and inorganic phosphate , and the hydrolysis products linger bound to myosin. Myosin rebinds to actin and the energy generating power-stroke convoys subsequent phosphate release. ADP is released, and the cycle reiterates upon ATP binding. When ATP connects to the myosin nucleotide location of an actomyosin complex, the myosin is quickly released from the actin filament. Myosin splits the ATP, and the myosin-products multifaceted rebinds to actin, pursued by product release. No, Rupert wo uld not get very far as he would run out of ATP quickly. This is because the up and down activity requires energy. Energy is used in the form of ATP. In the absence of ATP, myosin binds tightly to actin. 3. Fortunately, there's more going on in cow muscles.   A molecule of glucose enters the cell.   Things happen to it in the cytoplasm.   Describe those things, taking care to mention: The following are the enzymes responsible for activities that take place when a molecule of gluco

Roots of Hindu-Muslim Tension in India

Roots of Hindu-Muslim Tension in India India has had a long history of religious violence, stemming as early as the Middle Ages when Muslim expansion spread into the Indian peninsula to the British Invasion of the middle 19th century. Various events throughout history have contributed to the tension between the Hindus and the Muslims; some Indians converted to Islam to lessen tension, but the fragile coexistence between Indian Hindus and Indian Muslims continually gave way to violence between the two groups.       As basic context, Hinduism is considered one of the worlds oldest religions. It predates Christianity and Islam by centuries. Hinduism is a difficult religion to understand because it doesnt have a strictly structured set of beliefs. In more ways than one, Hinduism is inclusive of other religions, such as Christianity, Jainism, Buddhism, etc. It is often considered more of a way of life or a philosophical set of beliefs rather than a religion as other faiths would be considered to be. Hinduism views life as a cycle of birth, death, and rebirth, with Karma acting as a guiding force. Islam is a monotheistic religion based on the teachings of the Prophet Muhammad, who lived between 570-632 BCE. Followers of Islam are called Muslims and Muslims worship the Supreme Being, Allah, and follow his revelations contained in their sacred text, the Quran. This history of Hindu-Muslim tension has mostly been studied in political sciences, as it is one of the most striking examples of Indian Politics, and the question of how and why riots occur has been a pressing issue for years. However, such history is also discussed in religious- studies professors, such as Valerie Stoker, a religion philosophy and classics professor at Wright State University. Her book, Polemics, and Patronage in the City of Victory: VyÄ satÄ «rtha, Hindu Sectarianism, and the Sixteenth-Century Vijayanagara Court, uses the Vijayanagara Court as a way to understand the dynamic interaction between religious and royal institutions during the time period of 1346-1565. While Stokers main question is how did the patronage activities of Indias Vijayanagara Empire (c. 1346-1565) influence Hindu sectarian identities?, she addresses that the Vijayanagara Court was actually very selective in its patronage of religious institutions. The Vijayanagara Court was the precolonial Southern Indian primary political power, with Vijayanagara, meaning city of victory for its status as the center for emerging global economy. It attracted merchants and business from Europe, Africa, and the Middle East. Because of the wealth Vijayanagara Court had acquired by the early 1500s, it had become one of the greatest and most diverse urban populations of the world. Due to the increased interest from the Middle East and invasion of northern India, it was primarily known as a Hindu wall against Muslim invasion. Geographically, Vijayanagara Court was located in the center of the country, encompassing people primarily of the Hindu and Christian faiths, as shown in Map 1. In Map 1, the region that is indicated by Vijayanagara is the only region that is still primarily Hindu and Christian, and its important to note that all of the other regions above have been marked with Muslim invasions, such as: Faruqi Imad Shahi Nizam Shahi Barid Shahi Qutb Shahi Shitab Khan The origins of the Vijayanagara Court have been noted to be the result of the Sangama Dynasty of 1336-1337, in which the rulers, Harihara I and Bukka Raya I, were commanders-in-chief when stationed in the Hoysala Empire to ward off the Muslims during the early invasion attempts of South India. The Hoysala Empire was the last of the Hindu states that survived the invasion at that time. However, these origins are not confirmed, but Stoker claims that after the death of Hoysala king, Veera Ballala III, during a battle against the Sultan of Madurai in 1343, the Hoysala Empire merged with the growing Vijayanagara empire. Until 1509, the Vijayanagara Court warded off five invasions from the Deccan Sultanates, five dynasties combined into one large empire. These five dynasties included the Muslim-ruled late medieval kingdoms of Bijapur, Golkonda, Ahmadnagar, Bidar, and Berar of south-central India. This Sultanate seems to be what caused bitter relations between the Hindu and the Muslims bec ause at this point in time, beginning 1500 AD, India went through an extensive period of religious violence at the hands of the Sultans Army. Of the two sects of Islam, the perpetrators were Sunni Muslim and the primary victims were Hindus. Between the years of 1000 and 1500, the population of the Indian subcontinent had decreased by eighty million. Even the Hindus that has converted to Islam were not spared in the violence. Stoker primarily focuses on South India, and religion is mainly discussed in the chapter called Hindu, Ecumenical, Sectarian: Religion and the Vijayanagara Court, in which the above information stems from. However, it is important to note that the Vijayanagara Court in itself, as a strong Hindu Empire, had strict rules on which sect of Hinduism would primarily be followed and which sect had the governing power during the reign. Within Hinduism itself, there are many sects. These sects, since Hinduism has no central doctrine, follow traditions and beliefs in accordance of the three main gods: Shiva, Vishnu, and Brahma. Shiva, being The Destroyer, Vishnu, being The Protector, and Brahma, being The Creator. The Hindu denominations who follow Brahma as their guiding force, are the ones that considered to be the most pure and the utmost followers of Hinduism. Historically, the Brahmins; followers of Brahma, were primarily the royalty or upper middle class. So, the Vijayanagara Court were also strong Brahmins, and Vijayanagara royals religious patronage played a critical role in shaping the various practical mechanisms that enabled the empire to function (Stoker, Chapter 6). Now, it is important to note that the Vijayanagara Court wasnt always governed by the Brahmins. Originally, when the empire was created, the founders, Harihara I and Bukka Raya I, were strong devotees of Shiva. Despite their sectarian preferences, the Vijayanagara rulers, on the whole, adopted the deliberate policy of tolerance towards all sects to incorporate them all within the policy. The next ruler after Harihara and Bukka Raya, Devaraya II, took over the empire and was deemed the most successful of all of the rulers that had power over the Vijayanagara Court. Devoutly religious, Devaraya II endowed Sri Vaishnava temples at Srirangam and Tirumalai, and favored Jain institutions in the capital and elsewhere since the highest form of devotion was found in intricate temples. Most importantly, Devaraya II employed Muslims in his army and allowed them to practice their religion freely. Thus, Vijayanagara royals well-maintained Indian traditions of tolerance and inclusivism that nevertheless privileged specific religious formations. That is quite different from European states in the same period, which, for the most part, waited until the Enlightenment to recognize the political value of religious tolerance. Yet while in some ways, these enlightened Indian attitudes toward religious diversity. To contrast the heavy emphasis on precolonial South India that Valerie Stoker places in her monograph, Audrey Truschke, a postdoctoral fellow at Stanford University, discusses the Northern Indian aspect of the Hindu-Muslim tension in a chapter of her new book, Culture of Encounters: Sanskrit at the Mughal Court. Truschke argues that most of the religious conflict India is fueled by ideological assumptions about that period [medieval times] rather than an accurate rendering of the subcontinents history. In pages 27-63, Truschke discusses the influence of Brahmins in the Mughal Empire, which was the primary governing Islamic empire of the North. The Mughal Empire was about a century later than the Vijayanagara Court, ruling during the sixteenth and seventeenth centuries, founded near the end of the Vijayanagara Court, in 1526. Babur was the founder of the Mughal Empire, and subsequently its first ruler. He invaded India from Central Asia with only 12,000 men, and defeated many larger armies, eventually forming the Mughal Empire. Humayun, Baburs son, lost control of his empire soon after taking the throne. With the help of his Persian advisors, Humayun regained his empire and even expanded to the South and East. It is important to note here the Persian influence and the help of Persian and Central Asian advisors straightened what was to be a long lasting cultural impact from the subcontinents western neighbors. Later during his reign, the presence of Persian advisors was a constant feature of his court. The Emperor Akbar the Great, who ruled the Mughal Empire from 1556 to 1605, was one of the most important Mughal rulers for fostering religious cohesion amongst Muslims and Hindus. His trusted friend and advisor, Abul Fazl, wrote a book, the Akbarnama (Truschke, Chapter 4), describing the rule of emperor Akbar including Akbars religious views and policies toward Hindus. Abul Fazl wrote a lot about the interactions and policies that the Muslim government established in response to the Hindu majority. This shows the tolerance of the Muslim leadership toward another religion in order to keep power peacefully. The text even talks about the similarities in the religions. The tolerance and acceptance shown to the Hindus by the Muslim rulers of the time were a politically savvy move. Ruling an empire where the majority of the population did not have the same religious views as the ruling class presented many obstacles, and required the Mughal rulers to practice religious sensitivity in orde r to maintain power. However, what is interesting about Truschkes argument in the first chapter of her book is that she also finds it important to highlight that the Muslim invasion wasnt all negative. While it is not to lessen the negative impact of Muslim Invasion on the Indian subcontinent, it is also important to note that Muslim rule in India from the 16th to 18th centuries was, in fact, one of tremendous cross-cultural respect and fertilization, not religious or cultural conflict. She said her research overturns the assumption that the Mughals were hostile to traditional Indian literature or knowledge systems. In fact, her findings reveal how Mughals supported and engaged with Indian thinkers and ideas. Early modern-era Muslims were, in fact, deeply interested in traditional Indian learning, which is largely housed in Sanskrit, says Truschke. For example, in the Vijayanagara Court, Brahmins were the primary governing Hindu denomination; similarly, in the Mughal Empire, the Brahmins had detailed interactions with the intellectuals of the Mughal Empire. The Brahmins became influential members of the empire through composing Sanskrit works for Mughal readers and through writing about their imperial experiences. Through this observation, it seems as though Truschke looks at the Hindu-Muslim interaction in a precolonial era of the Indian subcontinent more positively than in contrast to the more common, media-based views that assume that Muslim interaction and presence has always been malicious to Indian religions, languages, and culture. This example of Mughal artwork depicts Emperor Akbar presiding over discussions in the Hall of Religious Debate, ca. 1600. (Image credit: Chester Beatty Library, Dublin). The original painting is found in Dublin, and naturally, the image has been cleaned through computer graphics. This artwork is found in The Akbarnama. Akbarnama means Book of Akbar and it is an official, imperial biography, written by Akbars close friend and associate, Abul Fazl, who was mentioned earlier in this essay. In the illustrations to the text, Akbar is portrayed as a powerful, versatile, and heroic figure, as he seems to have been perceived by his contemporaries. In this painting, however, another aspect of the emperors personality is portrayed: his intense curiosity about other religions. Akbar is shown in the midst of a theological debate with Jesuit missionaries in his Ibadat Khana, or House of Worship. Hindu-Muslim has long been a source of conflict in India and the Indian subcontinent as a whole. While it was not discussed in this paper, religious violence began as early as the 7th century with the earliest of Muslim invasions, and that time onwards, the conflicts have only risen. From the Vijayanagara Court to the Mughal Empires, hundreds of invasions and wars have been fought. The Mughal Empire was the precursor to the British Empire, who brought a new wave of imperialism once again in the Indian subcontinent. This occurs in the beginning of the 19th century. The British benefited from pitting Hindus and Muslims against one another and portrayed themselves as neutral saviors who could keep ancient religious conflicts at bay. While colonialism ended in the 1940s, the modern Hindu right has found tremendous political value in continuing to proclaim and create endemic Hindu-Muslim conflict. More of the British invasion, and the Partition of 1947 will later be discussed in paper two . Works Cited:    Fazl, Abul. Akbar and the Jesuits. 1600-03 India. Chester Beatty Library, Dublin, Ireland. Chester Beatty Library Image Gallery. Chester Beatty Library. Web. 14 Feb. 2017.http://www.cbl.ie/cbl_image_gallery/collection/detail.aspx?imageId=99ImageNumber=T0004641collectionId=2page=8>. Mughal Artwork from the Akbarnama book written by Abul Fazl Truschke, Audrey. Culture of Encounters: Sanskrit at the Mughal Court. Columbia University Press, 2016, www.jstor.org/stable/10.7312/trus17362. Stoker, Valerie. Polemics and Patronage in the City of Victory: Vyasatirtha, Hindu Sectarianism, and the Sixteenth-Century Vijayanagara Court. Oakland, California, University of California Press, 2016, www.jstor.org/stable/10.1525/j.ctt1kc6jt3.

Melvilles Characters/comparison Of Captain Ahab And Billy Budd :: essays research papers

Melville’s Characters   Ã‚  Ã‚  Ã‚  Ã‚  Melville’s characters are distinct individuals that have some similarities and differences. There are three traits that tie Captain Ahab and Billy Budd together even though they are on different sides in the fight between Good and Evil. They each have communication problems that play a part in their deaths. Neither of them can see an issue from another point of view, nor can they be influenced by others, although for entirely different reasons. Ahab and Billy share a few traits even though they are generally opposite characters. Communication problems are one of the factors that lead to Ahab’s and Billy’s deaths. Ahab never tells the entire truth to his men. He only tells them the parts that he thinks will motivate them to help him catch the whale. If the entire crew had been told before they signed on to help that they would be hunting the most dangerous whale in the sea none of them would have gone on the voyage and died. Also, Ahab is so inflexible that no matter how heated the conversation gets, he won’t change his opinion. Starbuck can’t talk any common sense into Ahab, he’s just too stubborn. If Ahab had listened to Starbuck, he might have died an old man instead of the way he did. Billy’s communication with others helps and hurts him. When Billy talks to people they almost always come away from the conversation with good feelings about Billy. He makes a lot of friends that way. However, Billy has troubles communicating too. He cannot sense if the person he is talking to is truthful or not. He talks to Squeak several times but never even guesses that Squeak is talking to him for mischievous purposes. Billy also stutters when he’s overcome, when he can’t find words to describe the emotions he is experiencing. He ends up dying because of this character flaw.   Ã‚  Ã‚  Ã‚  Ã‚  Neither Ahab or Billy can see more than one side of an issue. Throughout the entire trip, Ahab never thinks of chasing the whale as something dangerous, something that shouldn’t be done. Nearly everyone else on the ship, excluding Fedallah, thinks that chasing after one whale, the most dangerous whale in the entire ocean, is crazy and that it’s an unnecessary risk of the crew’s lives. But Ahab, because of his inability to consider his crew’s views about the hunt and because he can only think of the whale as pure evil, condemns them all to death.

Daewoo General Motors International Case Essay

Q 1. What are the advantages and disadvantages of a hands-off, decentralized management approach? Advantages of Decentralization Decentralization will not work unless you really delegate both responsibility and authority. This means that the final decisions must be made at that lower level. You just can’t beat a decentralized system. It gets decisions closest to the level where the action really is. And it really does something for people. The executives are now essentially running business of their own. The companyhas confirmed their authority by making it very clear it will not let people dissatisfied with their decisions ‘jump’ over to the home office. Finally, getting the decision-making out of the home office creates something like a family feeling in the outlying location. People there begin to depend on each other. Disadvantages of Decentralization This means that the final decisions must be made at that lower level. Two things stand in the way of this working. One isthat the people who now have the authority may not let go of it. The other is that the people at lower levels may not want to accept it. One of the problems, which decentralization aims to solve, is that the chief executive never has enough time to think about the major problems affecting the future of the operation. Q2. How Can Daewoo Stay Competitive with the Japanese ? Auto industry is important to developing countries is this intensive linkage. Most of developing countries selected auto industry as one of the prime elements for launching industrialization in the country. An independent auto maker and to be global top ten as in Daewoo’s long range plan, with 3.5 million production indomestic (3.0 million) as well as in overseas plants (2.5 million) could not achieved without the success of globalization.The leadership in domestic market might be another important factor. Korean auto makers including Daewoo has tomeet the challenges from the Japanese auto industry in domestic market from the beginning 2012. The severecompetition in world auto industry induces the forecasting that only  global top ten auto makers could survive in near future. We need more time to see whether or not Daewoo could meet the success the globalization and how Korean automaker, Daewoo could getover the manifolds challenges to be a global auto maker & key to success is the policy of Globalization. Q.3 . What were some of the controllable and uncontrollable factors in this case? How should Mr. Kim have responded to those factors? Controllable factors  Kim deserves the most credit for the conglomerate initial success and responsibility for its ultimate failure Despite Daewoo’s initial achievements, the financial crisis fully exposed the weakness of its concentrated governancestructure. The concentration in decision-making power proved fatal when the conglomerate faced a crisis and Kim’s business acumen, ethics and principles faltered. Returning to its roots, Kim viewed the crisis as an opportunity for Daewoo to expand, not retrench, by acquiring distressed companies and turning them around. Kim’s autocratic control further centralized and decision-making suffered as a result of a generation change of his closest advisors. Kim had personally recruited many of these senior executives and they had grown together with the conglomerate expansion Until the mid-1990s, the key executives that surrounded Kim consisted of those that had been with him since Daewoo’s establishment. Uncontrollable factors The representative directors, boards of directors and statutory auditors of Korean conglomerates failed to fulfill their role as fiduciaries working on behalf of the interests of shareholders at large. They did not prevent controlling shareholders from taking advantage of non-controlling shareholders and other stakeholders as a result. Non-executive outside directors did not exist until they were required in 1998. This weakened potential checks and balances against the controlling shareholder Weak corporate governance of conglomerates and their vast network of companies had a devastating effect when the1997 financial crisis hit. Q4. What do you think of Daewoo Expansion into Europe? What are the advantages and risks for the company? Advantages Daewoo’s currently at the crossroads of its European expansion in the automobile market. GM Daewoo has been successful in managing to market essentially the same cars in many parts of the world, particularly in the NorthAmerican and Japanese markets. Executives are wondering whether they should adopt more localized product level opment in Europe or not. Risk The rebranding comes as GM seeks to make a comeback in the global auto market, after having been hit by the global financial crisis, completing the world’s biggest-ever initial public offering in November. Its South Korean unit said that itwill drop the badge â€Å"GM Daewoo,† dogged by negative publicity stemming from bankrupt South Korean automaker Daewoo Motor acquired by GM in the early 2000s. It will introduce the Chevrolet brand for all of its new products this year. The company name GM Daewoo Auto & Technology Co will also be replaced by GM Korea Company in the first quarter. Q 5. Why do you think GM acquired the company, while Ford did not? In November 2000, the Korean government officially announced Daewoo’s bankruptcy and its assets were put on sale. Amid controversies and almost a year of negotiations with the Korean government, GM signed a preliminaryagreement in September 2001 to buy Daewoo’s assets for $1.2 billion. Reason why ford did not acquired Daewoo Ford pulled out of its planned $7bn ( £5bn) takeover of Daewoo Motor, the struggling South Korean car maker, daysbefore a deal was due to be signed.Company said that it had not been possible to agree on proposals which were in the interest of both companies and its with drawal was â€Å"a business decision†.Ford, which has been conducting diligent inquiries, had sought to reduce its original $7bn bid to about $ 5bn to reflectdeterioration in Daewoo Motor’s assets.Daewoo’s creditors estimated in that the group’s motor business had liabilities of $16.4bn, against assets of $ 10bn and as because company feels that It’s a costly decision and at that time in 2000 Ford also suffering for its near bottom share prices. Q.6 What problems can GM-Daewoo expect in the future? GM General Motors like many multinational automobile manufactures has made the decision to excel in many researchand development operations Although the countries relatively new political stage, increasingly stable economy and improving infrastructure has presented unique opportunities for increased foreign direct investment conducting business for the, still presents a number of unique challenges.General Motors was not the first or the last automobile manufacture to enter into global automobile market presenting the unique challenge of overcoming the unique conditions of global business practices while still maintaining competitive advantage. Lowered tariffs for automanufactures has cause an influx of assembly operations from nearly all the major automobile manufactures However unlike its competitors, General Motors General Motors has learned how to carefully and effectively conduct business.General Motor’s success with its joint venture agreements and research developments has even led them to into putthem global perspective.

The Help of Technology to the Stock Market

The purpose of this research paper is to prove that technology has been good for the stock market. Thanks to technology, there are now more traders than ever because of the ease of trading online with firms such as Auditrade and Ameritrade. There are also more stocks that are doing well because they are in the technology field. The New York Stock Exchange and NASDAQ have both benefitted from the recent technological movement. The NYSE says they â€Å"are dedicated to maintaining the most efficient and technologically advanced marketplace in the world.† The key to that leadership has been the state-of-the-art technology and systems development. Technology serves to support and enhance the human judgement at point-of-sale. NASDAQ, the world†s first fully electronic stock market, started trading on February 8th, 1971. Today, it is the fastest growing stock market in the United States. It alo ranks second among the world†s securities in terms of dollar value. By constantly evolving to meet the changing needs of investors and public companies, NASDAQ has achieved more than almost any other market, in a shorter period of time. Technology has also helped investors buy stocks in other markets. Markets used to open at standard local times. This would cause an American trader to sleep through the majority of a Japanese trading day. With more online and afterhours trading, investors have more access to markets so that American traders can still trade Japanese stocks. This is also helped by an expansion of most market times. Afterhours trading is available from most online trading firms. For investing specialists, technology provides operational capability for handling more stocks and greatly increased volumes of trading. Specialists can follow additional sources of market information, and multiple trading and post-trade functions, all on â€Å"one screen† at work or at home. They are also given interfaces to â€Å"upstairs† risk-management systems. They also have flexiblity to rearrange their physical workspaces, terminals and functional activities. Floor brokers are helped with supports for an industry-wide effort to compare buy/sell contracts for accuracy shortly after the trade. They are also given flexibility in establishing working relationships using the new wireless voice headsets and hand-held data terminals. The ability to provide new and enhanced information services to their trading desks and institutional customers is provided. They have a comprehensive order-management system, that systematizes and tracks all outstanding orders. Technology gives a market†s member organizations flexibility in determining how to staff their trading floor operations as well as flexiblity in using that market†s provided systems, networks and terminals or interfacing their own technology. They are given assurance that their market will have the systems capacity and trading floor operations to handle daily trading and in billions of shares. Member organizations get faster order handling and associated reports to their customers, along with speedier and enhanced market information. They also have a regulatory environment, which assures member organiztions that their customers, large and small, can trade with confidence. Technology also allows lower costs, despite increasing volumes and enhanced products. Companies listed on the NYSE are provided with an electronic link so they may analyze daily trading in their stock, and compare market performance during various time periods. The technology also supports the visibility of operations and information, and regulated auction-market procedures, which listed companies expect from their â€Å"primary† market in support of their capital-raising activities and their shareholder services. Institutions get enhanced information flow from the trading floor, using new wireless technologies, as to pre-opening situations, depth of market, and indications of buy/sell interest by other large traders. Also supported are the fair, orderly, and deeply liquid markets which institutions require in order to allocate the funds they have under management whether placing orders in size for individual stocks (block orders) or executing programs (a series of up to 500 orders usually related to an index). For institutional investors, technology gives information on timely trades and quotes and makes them available through member firms, market data services, cable broadcasts and news media. They also are provided with a very effective way of handling â€Å"smaller† orders, giving them communications priority and full auction market participation for â€Å"price improvement† yet turning the average market order around in 22 seconds. Price continuitity and narrow quotation spreads, which are under constant market surveillence and a regulatory environment which enforces trading rules designed to protect â€Å"small investors† are also supported. There are many different kinds of equipment used on the stock market. One of these machines is SuperDot, an electronic order-routing system through which member firms of the NYSE transmit market and limit orders directly to the trading post where the stock is traded. After the order has been completed in the auction market, a report of execution is returned directly to the member-firm office over the same electronic circuit that brought the order to the trading floor. SuperDot can currently process about 2.5 billion shares per day. Another piece of machinery is the Broker Booth Support System. The BBSS is a state-of-the-art order-management system that enables firms to quickly and efficiently process and manage their orders. BBSS allows firms to selectively route orders electronically to either the trading post or the booths on the trading floor. BBSS supports the following broker functions: recieving orders, entering orders, rerouting orders, issuing reports, research, and viewing other services via terminal â€Å"windows†. The overhead â€Å"crowd† display is America†s first commercial application of large-scale, high-definition, flat-screen plasma technology. It shows trades and quotes for each stock. The display also shows competing national market system quotes. Clear, legible information is displayed at wide viewing angles. Full color and video capabilities are also provided. The â€Å"Hospital Arm† Monitor is suspended for convenient viewing by specialists. Multiple data sources that are displayed include point-of-sale books, overhead â€Å"crowd† displays, market montage and various vendor services. The list of information sources is going to continue expanding. The Point-of-Sale Display Book is a tool that greatly increases the specialist†s volume handling and processing capabilities. Using powerful workstation technology, this database sysem maintains the limit order book for which the specialist has agency responsibility, assists in the recording and dissemination of trades and quotation changes, and facilitates the research of orders. All of this serves to eliminate paperwork and processing orders. The Consolidated Tape System is an integrated, worldwide reporting system of price and volume data for trades in listed securities in all domestic markets in which the securities are traded. The Hand-Held is a mobile, hand-held device that enables brokers to recieve orders, disseminate reports, and send market â€Å"looks† in both data and image format, from anywhere on the trading floor. Intermarket Trading System is a display that was installed in 1978 linking all major U.S. exchanges. ITS allows NYSE and NASDAQ specialists and brokers to compare the price of a security traded on multiple exchanges in order to get the best price for the investor. These are the machines that have helped greatly increase the buying and selling of stocks over the past few years. There are great advantages to trading today over the situation that past traders had. The biggest beneficiaries of this new technology are investors themselves. They have all day to trade instead of trading only during market hours, they have more stocks to choose from, and the markets are very high so people are making a lot of money. In conclusion, I have discovered that the research I have done on this project has revealed what I originally thought to be true. That is that the stock market has greatly benefitted from the recent advances in technologies.

Essay The Dress Essay Example

Essay The Dress Essay Example Essay The Dress Paper Essay The Dress Paper When she is finished from work, she wants to be the loved person, and In fact she cant go on with the Job. She Is considering to quit it and start making Jewelry instead. She wants her birthday dinner to be quiet and neat and not with big emoticon showings, and she wants her two daughters Flora and Rachel to get on more well, since they are not getting on well at all. Rachel and Flora are sisters and it would seem that Rachel is the oldest of the two. She Is tall, brave and clever, and Flora is Jealous at her for being that. It seems that Flora Is always trying to be better than Rachel In any way, but without success. Flora and Rachel does not get on well. Communication between them is always in an angry tone of voice (barbed and dangerous). Flora has got an extreme need of being superior to her sister, and as a result of this, Rachel always keeps her stuff locked up. Generally Rachel hates Flora especially after Flora has taken Earaches dress. The story starts in medias rest. The events in it are almost represented in a chronological order, but there are flashbacks. Furthermore you could say, that this story Is written opposite the cosmos-chaos-cosmos-model. At first we read about Rachel screaming and she has got a huge problem with the fact, that her sister has taken her dress. Later on we read about the crime itself and then the dinner and at last the fatal occasion and confession. In the end both girls leave their mother. Rachel to live apart from her sister and Flora to not face her mothers disappointment. It is total chaos, and Flora Is In a state of mind, where she would think of doing something stupid. There Is a lot of symbolism In the text. First of all the dress could symbolize the mothers love. Rachel has got it, and she will not give it away, even though Flora ants it very badly. When Flora then steals the dress, it could symbolize the friendship between the two girls. Flora abuses their friendship, and then she ruins it totally and try to forget that it ever existed. The noise in the restaurant could symbolize the mind activity of Rachel especially but also the mother and Flora. Rachel and Floras minds are In disorder because of the dress, the mothers mind Is In disorder because of her job and daughters. Alberta, the Italian, could symbolize an inner voice of Floras, telling her that she in fact did look as wonderful as she had always wanted to. The icy autumn weather could symbolize the mind of Flora. It is without hope, without happiness. It is cold since all of her opportunities for regaining the love of her sister and mother has been blown. At last the father could symbolize a lifeboat to rescue people from a sinking boat. The family would be the sinking boat n w c ten mother stay, Hoar leaves to crown on near own, Ana Rachel seeks lifeboat, her father. In the text there are themes such as family problems, stealing, Jealousy, growing up, celebration, inability to show love and inability to forgive, hitch leads us back to he topic question: When should you forgive, and when should you not forgive? I think it seems like Rachel and her mother has never really been able to contain Flora. She is not as pretty and smart, so they feel different from her. When Flora then make mistakes, they cant really forgive her and that probably led to Flora becoming more and more obsessed with surpassing Rachel. I think you should always forgive people their mistakes for if you dont you really have a problem at the time when you make a mistake. And I think that you are always capable of forgiving anyone. Its a matter of will.

8 Common Questions Parents Ask Teachers

8 Common Questions Parents Ask Teachers If you really want to make a great impression on the parents, then you must be ready to answer any question they might have for you. Here are 8 of the most common questions teachers receive from parents as well as some advice on how to answer them. 1. How Do I Help My Child With Technology When I Dont Know Anything About It? Many parents are far behind when it comes to staying up-to-date with the latest tech tools. Often, the child is the most tech-savvy member of the household. So, when a parent doesnt know how to help their child with their tech, they might come to you for advice.   What to Say - Tell parents to ask the same questions they would if they werent using technology for their homework. Questions like What are you learning? and What are you trying to accomplish? 2. How Can My Child Be Successful in School? Parents want to know what can they do at home to help their child be successful in school. They might ask for details on how you grade and if there is anything that they can do to make sure their child receives an A.   What to Say - Be truthful, show them how you grade, and share your expectations for your students. Remind them its not all about the grades, but how the child is learning. 3. Is My Child Behaving in School? If a parent asks you this question, you can probably assume that the child has behavioral issues at home as well. These parents often want to know if their childs behavior at home is transferring to their behavior in school. And, though there are instances of children acting out at home and presenting the opposite behavior in school, misbehaved children often act out in both spaces.   What to Say - Tell them how you see it. If they are indeed acting out, then you need to come up with a behavior plan with the parent and the student. There may be something going on at home (divorce, sick relative, etc.) Do not pry, but you can prompt the parent to see if they will tell you. If they are not acting out in school, reassure the parent and tell them they neednt worry.   4. Why Do You Give so Much/so Little Homework Parents will have strong opinions on homework volume no matter how much you give. Be receptive to their feedback, but remember that you are the teacher and it is ultimately up to you to decide what is best for your students and your classroom. What to Say - If a parent asks why you give so much homework, explain to them what their child is working on in school, and why its important to have them reinforce it at night. If a parent asks why their child never gets homework, then explain to them that you dont feel its necessary to bring work home when they could be spending time with their family. 5. What Is the Purpose of the Assignment? This parent question usually arises after a long night of sitting with their frustrated child. You have to remember that the way they pose the question (which is usually out of frustration) may come off as aggressive. Be patient with this parent; they have probably had a long night.   What to Say - Tell them that you are sorry that they may have a hard time and that you are always available via text or email to answer any questions. Make sure to communicate to them the  specific purpose of the assignment and reassure them that next time they have an issue that you are always there to answer their questions. 6. We Are Going on Vacation, Can I Have All of My Childs Homework? Vacations during school time can be hard because a child misses out on a lot of classroom time. It also means that you have to take the extra time to prep all of your lesson plans far ahead of time. Make sure to communicate your policy for vacation homework in the very beginning of the school year and ask that they give you at least one weeks notice. What to Say - Provide the parent with what you can and let them know that their child will likely have other things to make up when they get back. 7. Does My Child Have Friends? The parent just wants to make sure that their child is having a good experience in school and isnt being bullied or excluded.   What to Say - Tell them that you will observe their child and get back to them. Then, make sure that you do that. This will give the chance for you to pinpoint the time of day the child is having difficulty (if any). Then, the parent (and you) can talk to the child and come up with some solutions if need be. 8. Is My Child Turing in Their Homework on Time? Usually, this question comes from parents of 4th and 5th graders because this is the time when students gain more personal responsibility, which can take some adjustment.   What to Say - Offer the parent some insight into what their child is handing in and what they are not. Communicate your rules and expectations are for the student. Talk with the parent about things that they can do at home to help the child maintain responsibility, as well as what they can do in school.

Highly Successful Parent Teacher Communication

Highly Successful Parent Teacher Communication One of the most beneficial aspects of teaching is building positive relationships with parents. Effective parent-teacher communication is essential for a teacher to be successful. A good relationship between parents and a teacher is invaluable towards maximizing the time that the teacher has with that student. A student who knows that the teacher communicates on a regular basis with their parents and who knows that their parents trust the teacher will likely put more effort into school. Likewise, a student who knows that the teacher rarely or never communicates with their parents and/or their parents do not trust the teacher will often pit the two against each other. That is counterproductive and will create problems for the teacher and ultimately issues for the student as well. Many teachers underestimate the value of building relationships with their students’ parents. Parents can be your best friends, and they can be your worst enemy. It is hard work for a teacher to build trusting cooperative relationships, but it will be well worth all the effort in the long run. The following five tips can help teachers build solid relationships with the parents of the students they serve. Build Their Trust Building a parent’s trust is often a gradual process. First of all, parents need to ensure that you have their child’s best interest at heart. Proving this to some parents can be challenging, but it isn’t impossible. The first step to building their trust is simply letting them know you on a more personal level. There are obviously personal details that you don’t want to give to parents, but don’t be afraid to talk casually with them about hobbies or interest outside of school. If a parent has a similar interest, then milk that for all its worth. If a parent can relate to you, then the communication and trust between you will likely be solid. Don’t be afraid to go the extra mile to help a student. This can win trust and respect faster than anything. Something as simple as a personal call to check on a student who has missed a few days due to illness will stand out in a parent’s mind. Opportunities like this present themselves from time to time. Don’t waste those opportunities. Finally, allow them to see you’re a terrific teacher with their child’s best interest in mind. Demand respect from your students and push them to succeed, but be flexible, understanding, and caring in the process. Parents who care about education will trust you if they see these things. Listen to Them There may be times that a parent has a question or concern about something. The worst thing you can do in this case is to be defensive. Being defensive makes it seem as though you have something to hide. Instead of being defensive listen to everything they have to say before you react. If they have a valid concern, assure them that you will take care of it. If you made a mistake, admit it, apologize for it, and tell them how you plan to remedy it. Most of the time a parent’s questions or concerns come down to miscommunication or misconceptions. Don’t be afraid to clear up any issues, but do so in a tone that is calm and in a manner which is professional. Listening to them is just as powerful as explaining your side. You will find more times than not that the frustration is not with you, but instead with their child and that they simply need to vent. Communicate Often Effective communication can be time-consuming, but it is crucial. There are many ways to communicate these days. Notes, newsletters, daily folders, phone calls, emails, visitations, open room nights, class web pages, postcards, and parent-teacher conferences are some of the most popular means in which to communicate. An effective teacher will likely use several means over the course of the year. Good teachers communicate frequently. If a parent hears it from you, there is a lesser chance of something getting misinterpreted in the process. An important thing to note is that most parents get sick of only hearing unpleasant news about their child. Pick three to four students per week and contact their parents with something positive. Try not to include anything negative in these types of communications. When you do have to contact a parent for something negative like a discipline issue, try to end the conversation on a positive note. Document Every Communication The importance of documenting cannot be underscored. It doesn’t have to be anything in depth. It needs to include the date, parent/student name, and a brief summary. You may never need it, but if you do, it will be well worth the time. No matter how strong of a teacher you are, you will not always make everyone happy. Documenting is invaluable. For example, a parent may not be happy about a decision you have made to retain their child. This is a process that often spans the course of the year. A parent could claim that you never talked to them about it, but if you have it documented that you did four times throughout the year, the parent has no basis for their claim. Fake It When Necessary The reality is that you are not always going to get along or like every parent of every child that you teach. There will be personality conflicts, and sometimes you just don’t have any similar interest. However, you have a job to do and avoiding a parent is ultimately not what is best for that child. Sometimes you will have to grin and bear it. While you may not like being fake, building some sort of positive relationship with their parent will be beneficial to the student.  If you try hard enough, you can find some kind of common ground with just about anyone.  If it benefits the student, you must be willing to go the extra mile even it is uncomfortable at times.

Concert review Essay Example | Topics and Well Written Essays - 500 words - 1

Concert review - Essay Example What I experienced was not what I had expected. Upon first entering the concert I was immediately shocked by the people that I saw there. I had expected a lot of people that might go to a rave. I had expected that there might be a great deal of drug use among the concert goers. However, this was not the case. The person that felt the most out of place at the concert was defiantly me. I had quickly chosen my wardrobe for what might be co considered appropriate dress to a rock concert or any other form of traditional pop music concert. I had on jeans, a flannel shirt, and flip flops. However, the first thing I realized is that I was severely under dressed. Most of the concert goers I was greeted with had business or formal attire. As such, the concert provided a level of sophistication that my stereotypes had not predicted. Likewise, when the music started I was also surprised. I had expected driving beats and searing electronic sounds that categorized â€Å"techno† music as I understood it; however, what my ears were greeted by was anything but that. The DJ worked to mix the melodic female vocals with a variety of themes; none of which relied exclusively upon the driving bass that I had previously incorrectly labeled the performance. Likewise, the music was not what I would categorize as dance music. Due to the emphasis on melodic/upbeat lyrics, the music gave an ethereal quality to the experience; doubtless this is one of the reasons why the genre is called â€Å"trance†. In this way, I cannot say that I hated the style. Although it was something that I was not used to, I found myself enjoying the progressions and positivity that the music engendered. Furthermore, due to the dream-like state that the music induces, it was a shock to me when I realized how the time had flown by and it was already time to go home. If there was one thing that I could change about the concert it would

Emirates Airline's Company Strategy Case Study Example | Topics and Well Written Essays - 2250 words

Emirates Airline's Company Strategy - Case Study Example The events of eleventh September 2001 affected all countries of the world. This is because Airline Companies were now seen as vulnerable to terrorist attacks. Many believed that the bombings that occurred in 9-11 could only have been achieved if there was a security breach at the Pentagon and also in some Airports. This event discouraged some passengers from flying and it also affected customer expectations. Clients now expected airlines to increase their security in all airports. This has now become a determinant factor when clients are choosing an Airline. Many Airline Companies ; especially those ones found in Western countries made the choice of expand their operations using the hub and spoke model where flights cater for clients going from an origin market to a specific destination. These expansions saw creation of about seven hundred and fifty mainline jets. This was a huge overestimation because market share is quite low in the origin-destination market. Consequently, many Airline Companies lost a lot of revenue because there was hardly any return on their investments. Supply definitely exceeded demand and it therefore became uneconomical to use this model. Most Companies within the Airline industry have been focusing on short term rather than long term profit margins. Most of them have been trying to improve their performances within the stock exchange over an abnormally short period of time. Since it is almost impossible to increase profitability overnight, companies decided to increase Airline tickets and the pressure was then transferred to the consumer. The major problem with this is that companies were harming the same people who were the main source of revenue and this has resulted in long term loses as consumers dashed off to other low cost Airlines. 2 There is a looming economic crisis in the Airline industry if conventional carriers do not up-their -game; low cost airlines. In the past, low cost airlines had only one unique product offerings for their customers that is low ticket charges. However, with the passage of time, these companies have become very competitive. Most of them now have the ability to attract a hoard of clients through good customer service, top of the class aircrafts and efficient employees. Their emergence has led to the decline in corporate fights and shift to mainstream offerings. 2.2 Social Most Airline companies may opt to host a range of aircrafts within their hubs or ports. As much as these aircrafts offer unique services to a host of clientele, they can become a source of concern when considering the kind of staff one needs to recruit. For example, is an Airline Company owns Regional jets Twin engines Four engine Turboprops Wide-body Narrow body All these various types of aircrafts will require their own pilots and engineers. They may have different qualifications and may also require different pay. Such ideas are quite sustainable if the economy is stable, but most countries have been experiences upsurges; it has therefore become difficult to maintain the payment schedules of al their employees given the fact that most of them belong to different labour unions. 3 2.3 Technology During the mid and late nineties, there was a huge demand for technology. Most airlines throughout the world were also overtaken by this technological boom. They incorporated it into their operations,

Renaissance and Reformation Essay Example | Topics and Well Written Essays - 1000 words

Renaissance and Reformation - Essay Example Prior to this period, the pope was generally recognized as the spiritual leader by all Christians in the west, who adhered to the doctrines of the Roman Catholic Church. However, following the reformation, there was a proliferation of churches opposed to the pope, and this gave rise to a number of churches that exists to date. On the other hand, renaissance means rebirth in the French language. The period marked a rebirth in the human spirit, creativity. It gave to the rise of new ideas, which had various impacts on the social structure of the French, and the Holy Roman Empire. The essence of this paper is to compare and contrast the impacts, on the social fabric of France and Holy Roman Empire. The Catholic Church was faced with a great schism between the years 1378-1417, which was given impetuous by a papal scandal that (Hunt et al, 2010, 405) negatively and severely impacted on the spiritual life. The papacy had been moved from Rome to Avignon, and was heavily influenced by the Fr ench monarchy. This brought distraught among the Christians, particularly the Italians, who were angered by the continued election of the French Popes. Marsilius of Padua, through his writings in the defender of peace (1324) argued that since the source of all power lay within the people, who were the effective source of law. Accordingly, since the people created the church, they ought to be involved in the election of the pope. Pope Gregory finally succumbed to the pressures and returned the papacy to Rome in 1377. The Romans were determined than ever to lose the papacy again, and therefore lobbied the election of an Italian pope. Consequently, Urban V was elected as the pope, and he curtailed the powers and privileges of cardinals. This angered the cardinals, some of whom elected Clement VII as the pope and who moved back to Avignon. Thus, the church was split into two, and this caused a lot of hate and discord among the Christians in Europe, with each group excommunicating the fo llowers of the other (Hunt et al, 2010, 410). The council of Europe met in 1414-1418 to resolve this standoff, and precipitate reforms in the church. This marked the end of schism, in that, one single pope; Martin V was elected, while all the important rulers in the world withdrew allegiance to the Avignon papacy. Therefore, the Holy Roman Empire prevailed over France. However, the Schism had a far reaching impact among the Christians, and affected the social fabric of both France and the Holy Roman Empire equally. The Christians were deeply worried about their salvation and they sought some other forms of religious solace. The plenary indulgence which was originally used for the crusaders who died, was extended to all those who made a pilgrimage to Rome or other designated holy places. The clergy and the laity became more interested in the religious education of the young in order to deepen their faith and the spiritual life. New ways to deepen the faith of the Christians came into being. Portable images of Mary, mother of God, and those of passion of Christ proliferated, so that the ordinary Christians would contemplate them, throughout the day, at the convenient moments. To add, the advent of the printing press was employed by the people who purchased commissioned book of hours that contained the prayers that could be said at the appropriate hours of the day and hours. France, unlike the Holy Roman Empire emerged as a strong and powerful unitary state, within the meaning of sovereignty that is applicable today. France made quick recovery from the hundred year’s war and greatly expanded under Louis XI. He captured a lot of territory,

Strategic Management of Mango Essay Example | Topics and Well Written Essays - 2750 words

Strategic Management of Mango - Essay Example The company has recently introduced two new product lines, an initiative that is consistent with the company’s innovative image. Through these new product lines, the company is hoped to triumph the marketplace. Mango is a company that is characterised by strong corporate values and beliefs. These values and beliefs, translated in the company’s corporate strategy have been instrumental in the company’s effort to fight off competition and to ensure its survivability in tremendous economic crisis. The company in its years of operation has been able to develop effective communication systems and business processes. The company has used the rapidly evolving technology to its advantage by adopting these technological advancements in its business processes. Although the company is in a far better position than its competitors, but some of its biggest rivals like ZARA have successfully managed to build a business model that has allowed it to be highly responsive to its e nvironment, along with nimble and flexible operational design. These capabilities of ZARA have made it the market leader of this industry, but Mango, in no ways can be classified as a company which is far behind its market leader. The company has a very efficient logistics system that is augmenting its strong suppliers and distributions network. The company uses its own stores and franchises to reach out to its customers; however, recently the company has started using its website to further penetrate into the online market. The company has also launched two new product lines, one targeting men and the other targeting VIPs. These new product lines along with a mature product line of female wear are presumed to generate the future profitability of the company. Advantages of the Business Model of Mango: The most important aspects of the company’s business model have been its logistics system. This system has proved to be a defining point for the company. This logistics system h as helped the company to deliver its finished goods from production centres to distribution centres in 4 days. Even though this is not better than ZARA’s four day delivery system but still it is very close to the best practice of the industry leader. The company has a strong network of professionals, who are working very hard to anticipate the future of the company’s market. Other than this the training methods of the company for the point of sale employees has been very effective in creating customer loyalty. Mango has been very effective when it comes to managing its relationship with its suppliers, who are spread across the globe. The systems in place have been very helpful in integrating the value chain of Mango with its suppliers and other channel partners. The most important reason for company’s success has been its ability to take innovative initiatives. Recently the company has initiated a method through which it would cut out its distribution activity f rom its value chain. In this initiative the manufactured products would be directly sent to the company’s selling points without going to the distribution centres, this means that these finished products would leave directly from the manufacturers’ factory to the stores. This will enable the company to implement its cost cutting strategy with greater

Capstone Essay Example | Topics and Well Written Essays - 1000 words

Capstone - Essay Example Some of them have also highlighted the cause of the US- Iraq war and related matters for initiating such terror attacks. India is reportedly known to produce more films relating to such matter compared to any other countries (Altheide, 135). The conveyed message clearly is same for these kinds of movies. Thus all individuals belonging to Islam religion should not be looked upon as terrorists and tortured or killed. The paper intends to support such an argument by making a thematic analysis of some of the well known Bollywood movies picturized upon portrayal of Islam in America after the 9/11 terror attacks. The violence and bloodshed associated with 9/11 terror attacks that caused the collapse of World Trade Center was so huge that many would find it really difficult to describe. Post 9/11 attacks Arabian nationality and Islam religion have become a historical phenomenon. Media particularly Bollywood cinema has always considered portrayal of Muslims as a topic of great interest. Usin g the mass influential power of media Bollywood has taken this opportunity to make cinemas representing the Islamic followers above the villains or ‘bad guys’ and has claimed for accepting the innocence of ordinary followers of Islam (Balraj). Some of the cinemas on such a theme are ‘My Name in Khan’, ‘New York’, ‘Kurbaan’ and ‘Tere Bin Laden’. Bollywood Cinema and Portrayal of Islam in America The movie ‘My Name Is Khan’ directed by Karan Johar is a story of a Muslim guy named Rizwan Khan who has experienced struggles right from his childhood for his disabilities and mainly because of his identity of following the Islam religion. His journey for meeting the president has been highlighted in the movie where he encounters misbehavior and strip checking on account of being a Muslim. ‘My Name is Khan and I am not a terrorist’ has been the tagline of the movie appealing to the Americans to accept the innocence of followers of Islam. The theme of acceptance of innocence for the Muslims has been established in this movie at the tremendous torture and losses that Islamic people have suffered post 9/11 terror attacks. The terror incident had developed a kind of hatred for the people with Islam religion but such an anti Muslim violence hurting hundreds of innocent people have been claimed as a complete senseless act (Dhume). The overreaction of the Americans after the 9/11 terror attacks has been shown in another Bollywood movie ‘New York’ released in 2009 under the banner of Yash Raj Films. The torture to the innocents simply because of being followers of Islam religion has been the base of the storyline. It is true that Americans after these terror attacks have haunted hundreds of Muslim lives in the name of investigation. The torture and misbehavior in jail that has been portrayed against Islam followers in this Bollywood is intolerable even on television screen. It is a tragedy that hundreds of innocent Muslim people actually tolerated all this during conviction. Bollywood cinema has been able to gather sympathy for the Muslim people through such touching and tragic movies. Mass opinion has been in favor of the fact that treatment of Islam and their followers after such terror attacks is a national shame for Americans. The movies highlighting the political views on terrorism

Organizational Structure Essay Example | Topics and Well Written Essays - 2750 words

Organizational Structure - Essay Example It can also be termed as the arrangement of lines of rights, authority and duties and communication of an organization. The organizational structure depends on the organizations objectives strategy, and is divided into two namely the centralized structure and the decentralized structure. The centralized structure is the top layer management, which has most decision-making power and control over all departments. The decentralized structure, on the other hand, allows the decision-making powers to be divided among different departments where some of the divisions or departments have some degrees of independence. The structure of an organization is important in as it provides checks and balances within the organization that differs with the sociological idea of power that states that top level managers in an organization have absolute control powers of the organization and can make any decisions for the organization without consultation. Thus, the organizational structure is essential in provide control and checks and balances on how the organization is managed as procedures follow a certain protocol in the organization. The topic is important to me professionally because it will enable me to understand how the decision-making process in the organization should be conducted and help me in improving in my career. Organization structure is important to managers because depending on the structure of the organization the managers manage to control and make decisions pertaining the welfare of the employees, as well as, achievement of goals and objectives. For example, when employees raise concerns in the organization their grievances are taken to the top-level management to establish the issue with the employees. By so doing, the organization manages to have control over the employees and gain their confidence. Additionally, managers find ways to motivate their employees ensuring that all of them are satisfied with their job description therefore it provides a

Capstone Essay Example | Topics and Well Written Essays - 1000 words

Capstone - Essay Example Some of them have also highlighted the cause of the US- Iraq war and related matters for initiating such terror attacks. India is reportedly known to produce more films relating to such matter compared to any other countries (Altheide, 135). The conveyed message clearly is same for these kinds of movies. Thus all individuals belonging to Islam religion should not be looked upon as terrorists and tortured or killed. The paper intends to support such an argument by making a thematic analysis of some of the well known Bollywood movies picturized upon portrayal of Islam in America after the 9/11 terror attacks. The violence and bloodshed associated with 9/11 terror attacks that caused the collapse of World Trade Center was so huge that many would find it really difficult to describe. Post 9/11 attacks Arabian nationality and Islam religion have become a historical phenomenon. Media particularly Bollywood cinema has always considered portrayal of Muslims as a topic of great interest. Usin g the mass influential power of media Bollywood has taken this opportunity to make cinemas representing the Islamic followers above the villains or ‘bad guys’ and has claimed for accepting the innocence of ordinary followers of Islam (Balraj). Some of the cinemas on such a theme are ‘My Name in Khan’, ‘New York’, ‘Kurbaan’ and ‘Tere Bin Laden’. Bollywood Cinema and Portrayal of Islam in America The movie ‘My Name Is Khan’ directed by Karan Johar is a story of a Muslim guy named Rizwan Khan who has experienced struggles right from his childhood for his disabilities and mainly because of his identity of following the Islam religion. His journey for meeting the president has been highlighted in the movie where he encounters misbehavior and strip checking on account of being a Muslim. ‘My Name is Khan and I am not a terrorist’ has been the tagline of the movie appealing to the Americans to accept the innocence of followers of Islam. The theme of acceptance of innocence for the Muslims has been established in this movie at the tremendous torture and losses that Islamic people have suffered post 9/11 terror attacks. The terror incident had developed a kind of hatred for the people with Islam religion but such an anti Muslim violence hurting hundreds of innocent people have been claimed as a complete senseless act (Dhume). The overreaction of the Americans after the 9/11 terror attacks has been shown in another Bollywood movie ‘New York’ released in 2009 under the banner of Yash Raj Films. The torture to the innocents simply because of being followers of Islam religion has been the base of the storyline. It is true that Americans after these terror attacks have haunted hundreds of Muslim lives in the name of investigation. The torture and misbehavior in jail that has been portrayed against Islam followers in this Bollywood is intolerable even on television screen. It is a tragedy that hundreds of innocent Muslim people actually tolerated all this during conviction. Bollywood cinema has been able to gather sympathy for the Muslim people through such touching and tragic movies. Mass opinion has been in favor of the fact that treatment of Islam and their followers after such terror attacks is a national shame for Americans. The movies highlighting the political views on terrorism

Huckleberry Finn vs. Tom Sawyer Essay Example for Free

Huckleberry Finn vs. Tom Sawyer Essay Huckleberry Finn and Tom Sawyer are very different characters. I think that is what made them such great friends. Tom is always out to have a good time and doesn’t care who he hurts to do it. Huck always follows Tom’s lead even though sometimes he shouldn’t. Huck Finn grew up in a very rough environment. His father was a drunk who would disappear for months on random occasions. Huck is typically dirty and homeless. Eventually he goes to live with Widow Douglas who continually tries to reform Huck, but he resists and keeps his own ways. He said â€Å"The Widow Douglas she took me for her son, and allowed she would sivilize me; but it was rough living in the house all the time, considering how dismal regular and decent the widow was in all her ways; and so when I couldn’t stand it no longer I lit out. I got into my old rags and my sugar-hogshead again, and was free and satisfied.†(2) Huck is also a follower mostly of his good friend Tom. â€Å"But Tom Sawyer he hunted me up and said he was going to start a band of robbers, and I might join if I would go back to the widow and be respectable. So I went back.† (2) This is really the first time Huck has been educated and is taught about religion. Huck grew up in a much tougher environment then his close friend Tom, but he still has a good heart and was an easy going guy. He says â€Å"We said there wasn’t no home like a raft, after all. Other places do seem so cramped up and smothery, but a raft don’t. You feel mighty free and easy and comfortable on a raft.† (42) Tom is Huck’s best friend. They are about the same age but grew up in completely different situation. Tom grew up in white middle class family in a nice comfortable environment. Tom is clearly the leader of the two because Huck is always following his lead. Huck says â€Å"Tom told me what his plan was, and I see in a minute it was worth fifteen of mine for style, and would make Jim just as free a man as mine would, and maybe get us all killed besides. So I was satisfied, and said we would waltz in on it.† (66) Also Huck says â€Å"Tom Sawyer wouldn’t back out so I won’t.† Another thing that is different is Tom is willing to keep a secret that hurts a lot of people. He knows Mrs. Watson has died, but keeps it a secret for his own enjoyment. He could have told and Jim would have been free, but all he cared about was his plan to escape and how fun it was going to be. You  can clearly see the differences between Huckleberry Finn and Tom Sawyer. There are many examples in the book that show that. Tom is the leader and Huck is the follower. The biggest difference is the morals of the two. Tom kept a secret that hurt people and all Huck wanted to do was free Jim. After everything said Huckleberry Finn and Tom Sawyer are best friends. They get along so well and will be friends for life.

Toyotas Human Resource Management

Toyotas Human Resource Management INTRODUCTION HRM:- Human Resource Management demonstrate a fresh approach to handle the process of labour. Some they say that the term HRM packages again only and relabeling of developed management of employees. The critics look HRM as rhetoric to cover the consequences of the liberation and to reduce: A cover for the face less acceptable for the attitude of the trade. Most of the key articles of the model of HRM they are utilized organizing theories of conduct, like motive, creation of team and leadership. (Bratton, J., Gold, J.(2000), Page 16-17, ). Introduction of HRM:- The modern day needs of the HR sector of an organization are a far cry from the generation or origins of this profession which started in the mid of nineteenth century by the early interfarences of distinguished social crusader like Lord Shaftesbury and Robert Owen. Both of them became concerned at the manipulation of the factory employees, where the emphasis had been completely discipline of aon and control of prices, at the cost of the health of the employee, the welfare and personal standard of living. Concentrate on the first one in the appalling that work conditions, especially for women and young children, cultured employers began to believe that if workers were treated humanely and they were rewarded enough, they can work better and to come to be more productive. (Stredwick, J.(2005), Page 7-8, 2nd edition,). LITERATURE REVIEW Functions of HRM Department:- 1. Human Resource Planning:- In the function HR planning, the quantity and type of required employees are specified to acheived the organizational goals. Research is carriedout to collect, organize, examine and interprete the data to acheive the planning required for human resources presently and in the future. Hence, the founamental strategy for the HR resources planning is employee and staff development. 2. Job Analysis:- The process of expressing the state of a job and determining the human requirement like experience, skills etc. and finally descroption of job. Description of job spell out-work, activities and duties of employees. The descroption of job is an important part of the examination of job and for employer and employee etc. 3. Staffing:- The meaning of staffing are the requirment and hiring of the human resources for a firm. Recruiting is the employees function that opportunate the qulaified candidates to fill the job vacancies. In the function of selection the extreme qualified applications are chosen for recruiting between those attracted to the firm by the selection function. 4:- Orientation: Orientation is the 1st step in the direction of helping a new employee. If to the fresh hob and the employer. it is a process to advice fresh employees with specific aspects of their new job, including salary and benefit programmers, hours to be worked and rules of an organization and expectations. (Tanwar, B.P.S. (2005), Page 1- 10). 5. Training And Other Functions of HR:- The HR manager acts managerial and operational activities. By dint of the fact that he is a manager, the manager of HR department acts all the fundamental activities of management, i.e; planning, directing, organizing and controlling to handle his department. Morover, he has to act in specific operative funcions of nees, hiring, traning, placement and son, which the remaining of the line managers trust on him. The department has a vital role to play in the different sectors: i. The HR department supports management to adopt, prepare and continually generate personnel policies and programmes. ii. The HR manager coordinates human research to keep the management informed for making best decisions by the management relating whole issues which influence personnel. iii. The HRM keeps a course of training and education to provide employees in the business firm with inmportant knowledge to do their jobs and also for their improvement. iv. The HR department helps the management in assuring the result oriented communication throughout the organisation. v. The HR department develops a schedual for the administration of human services those are delegated to the department of human resource, i.e; the maintenace of a smooth labour force, development and training, working atmosphere, welfare services and like these. (Talloo, T.J.(2008), Page 226-227). HRM And Acheivement of Organizational Goals:- The fit among strategy of human resource strategy of business or organization is a key factor of the efficacy of HR. The fit among these two aspects of strategy permits HRM to paarticipate fully to meet the objectives of an organization. The strategy of the business or the organization can be definite like the attempt by the ones that control an organization to find that ways to position their objectives of the business or the organization so they can exploit the environment of planning and carry to the maximum the future use of the capital and human advantages. The human resource strategy is simply the process to meet to people plans and programs of activity inside a general framework, they designed to deliver against objectives of organization. The strategy of HR understands those decisions and the actions that concern the management of employees at every grade in the business, and awhich is associated to the practice of strategies directed in the direction of creating and maintaining advantage of competency. The strategy formation process is the process bby which most of the non-similar attitude efficacy come to to be reconciled. It is the process to take the impacts of the economy and the company, and reinterpreting these and objectives of organization during an employees influences conciliation, the shareholders and other holders of bets. There is the external and internal pressures, hence, that put the fit among strategy of HR and business strategy under the pressure. There is a need to unite HR and the business strategy in the level of the politics, that is, to meet the politics in the processes of the business and programs, as those worried with quality, the customer services, reduction of price and improvements of productivity. (Tyson, S., York, A.(2000), Page 329). Example (TOYOTA):- Toyota is known for many initiatives of world size of products and quality that incude famous system of the production of Toyota that became then popular as JIT (just-in-time inventory). Toyota keeps the high profile in its policies related to HRM and practices also. A study carried out about detailed field research in HRM of Toyota in 1994, believes completely that the HR practices of this company can serve as a model, especially in production and production oriented organizations. The framework of HRM of Toyota understands widely of four goals are described as follows: 1. The objective of organizing integration:- The inclusion of employees in individual and collective level with seen organization as the primary objective of strategy of Toyota HRM. This objective has been achieved by the extensive use of the teams that are subordinate to organizational objectives. The welfare of workers also attained broad attention as part of this objective. 2. The objective of commitment:- To achieve this objective, a strategy of two-protracted was followed. Firslty, Toyota recomended the staff semir-rural for the induction in its plants. They beleive that people who arent contaminated for the culture and industrial impacts tend to retain with them a class of feudal value of trustworthy, that can become the commitment organizing. In second place, the measures as schemes of suggestion, circles of quality and methods of involvment of employee are utilized to win commitment. 3:- The objective of the flexibility and the adaptability:- The authority of the Team instead of the place unique of individual that hold all the powers had paved way to realize the flexibility in the organization. These teams are based on tasks and they can be dismantled or can be changed by the organization, depending on the scenario. The characteristic of adapatability is institutionalized through the focus of rotations of multi-skilling and work. 4. The objective of quality:- To be, the equal and team caution techniques are utilized to assure products quality. Still more, a chain of steps employed, like time and motion study, benchmarking, continuous improvement of process and contributed and participation of employee in the achievement of this objective. Toyota there is recomposed the above-mentioned objectives of four HRM in 17 mentioned experiments. These 17 practices are devided in the practices of the production and practices of employment. The practices of the production are: JIT, the stop of the Line, the Level that plans, Kanban, flow and Continuous prosecution. The practices of emplyment are: The continuous improvement, facilities of single status, evaluation of Performance, meetings Daily briefing of team, temporary contracts, evaluation of Performance, Performace related pay, the council of the Company, the Cross disciplinary teams, the unions Unicas, they Cross the instruction and takes decisions for the Group. (Kandula, S. R.(2005), Page 10-11). CRITICAL ANALYSIS Critical Review of HRM of Toyota:- 1. The problem regarding the satisfaction of the attraction and the employee in the production, especially in lines of essembly, looks to have been recognized first by unions of labours in the end of the eighties. When the Union of Toyota Motor Industries announced its medium-long-term plan of action in October 1988, the reduction of working hours, new politics to be aged to workers, and for the work demand excess absorption was represented clearly, but the attraction of the work was not indicated explicitly. While the quantitative side of shortage of work was a lot accentuated, the assembly automation concept for a better quality of labour environment had not been articulated. Attractivencess of the organization and its shopfloor, particulary in the process of the assembly, was selected as an order of business in the Meeting of Union-Management in industrial matters in April 1989, that was likely the first official that finds where the problem of assembly line was you specify it directed. In the succeeding meetings in assembly work improvement among the union and the management, the main matter was still shortage of labour, but qualitative side of attrativeness of labour became an each time more order of business important agenda. Toyotas management became in working condition invovled in job charming matters by the 1990 spring, when it tool the start in developing the combine Comittee for Improving Attractiveness of Production Work in the May of 1990. The Comittee was chaired by the HR division, therefore the Assembly Process Engineering Division wasnt enclosed in the original Comittee. Developments in the manufacturing and production work scenario, also as desirable process of design assembly, were focused. Toyotas management division keenly known as the problem assembly in 1990-1 partly as an impact of the shocking result of the opinion surveys that the HR Division had corodinated bi-annually since seventies, also the turnover record. Like, the turnover-ratio rose up and the labours subjective evaluation of the satisfaction of job and self-esteem decreased sharply. (Dosi et al (2002), Page 262-264). 2. Tesco HRM of Tesco include the data on queue lengths, stock avialability, stick erros and theft including the financial data regrding the store. The decision to take that data at a level of unit makes a sense, and it is a more understandable measure of how the labour might be capable to participate to develop the performance than some distan steps of profitability over which the number of workers have little impact. Definately it could be said that it also understands to take the measures of high commitment Human Resource Management relying on the palce of work because labour is likely to stress in practices of different kinds relying on their occupational level, gender or age for example. (Marchington, M., Wilkinson, A.(2005), Page 90-91). 3. Llyods In 1997, after just a year the merger of TSB and Llyods, the HR division of Bank started implementation of the biggest shared servin the the services related to the financial sector. The bank goup has about 80,000 workforce. Llyods TSB has found that emplyees then required knowled and help to make the career a self manged reality; Many sides of HR have transfered into a model of shared services with the other emplyees and their managers reaching iknowledge and suggestions bvia both Internet sites and Intranet and call centr of an HR. Aid for the development of caree has followed the strategy ; and the Career Centre Managment website was introduce in 2000. The workers can access the information and utilise the Job Shop for the vacanicies inside. the Developing leaders and Managers website gives managers with information on skills and development chances. (Storey, J.(2004), Page 239). 4. Barclays. Training is seen as a necessary function of HRM of Barclays, there are some chance for the emplyees to fet training, specially off the job external skills. The schools cater to all workers but it is normaly lwsser to the empoyees of middle grade that attend these courses offered. (Budhwar, .P.S., Debrah, Y.A.(2001), Page 2000). 5. Unilever China For the professional or specialized positions it is difficult to recruit in demographic cultures. For example Unilever China chairman tell of a recent search for hiring a marketing director. He says that in the whole china they found only eight candidates who could speak the English language and they were worthy of the little and form all these eight candidates only three were experienced and had worked with Procter Gamble while the other three applicants had work formerly with the Unilever. So there is a need to educate, prepare and train the employees according the demographic culture. (Fernandez, J.A., Underwood, L.(2006), Page 39). 6. Hsbc: HSBC is rising and falling out specially planned learning pod to 1200 branches across the UK. The new knowledge pods are workstations devoted to staff training and development that give staff right of entry to a variety of learning tools. These include: Live! TV, a daily communication to HSBC staff Online knowledge A commercial lending library which offers books, DVDs and CD-Roms HSBCs intranet and a number of outside learning sites Course information and booking.(www.hsbc.co.uk) 7. Toshiba is salute this year for its guidance, Education, and Development (LEAD) program. First accessible to 500 management-level employees to help ensure planned growth, LEAD was such a runaway achievement; it was customized for non management employees. It is available for free to all of the companys workers, as well as Toshiba Business employees in Australia. Toshiba.com) 8. As well as 21 million consumers, BT Retail has another surprisingly valuable asset its people. As a check business, it is the ability and contribution of our people that will make the difference, and make certain our achievement. In BT Retail therefore, we are loyal to investing in and developing our people. Each business unit has its own People savings Plan and the Quality Plan and financial plan for BT Retail in 2000/01 set aside  £36m for exercise and development. Each business unit has its own preparation and development priority. These co-exist with a number of overruling learning and development main beliefs which span BT Retail. (Btphone.co.uk). 9. All preparation and growth is built on a firm assurance to releasing and maximize the full possible of every British Airways employee. Due to the vast range of jobs across the company, we cant explain every development proposal in detail here. More information is available, however, within the entity job areas. What we can say is we have an inspiring range of training capital at hand, which you will be able to represent upon as you need them. These include computer based interactive knowledge centers, library amenities, reference materials, audiotapes and video based learning. Programmers are obtainable to develop a wide selection of skills such as leadership, team-building, appearance and give and take, to name but a few. In certain gear support is provided towards technical and professional experience. In all these areas, the burden is on the individual, through debate with their manager, to take responsibility for seeing their needs are met.(Britishairways.co.uk). It is dedicated to cheering staff to reach their full potential by ornamental job performance and maximize personal and professional job accomplishment. The Trust aim to make certain that employees have the necessary skill, data and attitude to provide the highest quality healthcare to the people serve. It is also a system to enable entity staff to develop their potential as predict in Working together, Learning Together, the structure for Life Long Learning which will ensure that the National Health Service becomes a model location for learning and individual development. (WWW.NHS.CO.UK 11 Team strength is inspired, developed and better through the input of our fervent and passionate people at all levels and across all functions.. As a new employee you will follow a wide-ranging induction programmer aimed at warm you and helping you to feel at ease in your new role. We then offer a made to order programme to provide a echo basis for your future development. Primark fully believes in the ethics of self development where the individual is responsible for achieving their learning objectives. All our employees are confident to play an active part in ensure. WWW.PRIMARK.CO.UK 12. by the side of the John Lewis Partnership we believe that everyone has the ability to learn and grow. From first-class client service training to soft skills development and practical training, you can look forward to a assets of learning opportunities that will furnish you with the skills and confidence to be the best you can be. The type is that you are in control of and answerable for your own growth. Well provide all the tackle and support you need to progress and you will need to be highly go-ahead, willing to push yourself forward and continuously open to learning new things.WWW.JOHNLEWIS.COM 13. We desire employees to be able to develop at Nokia, together personally and resourcefully. We offer an incorporated package of classroom training, on-the-job knowledge, individual instruction, and mentoring. We give confidence people to learn through active contribution by trying new roles at Nokia. During 2007, we used up just about EUR 70 million on employee training for Nokia employees (apart from Nokia Siemens Networks as of 1st April).WWW.NOKIA.COM 14. while the training and growth manager, you must make sure that the training you provide for your companys workers gives them the skills and information they need to succeed at their jobs. At the same time, you must convince company executive that an successful and timely training program profit the company and contributes to the underneath line. You require a plain plan. establish by reviewing your companys organizational objectives and by evaluate the obtainable training in glow of those objectives. WWW.MICROSOFT.COM 15. by way of as regards 10,000 learner and student interns (of which 6,800 work for Siemens and 3,100 works for other companies), Siemens is one of Germanys major private providers of professional education. Over the years, we have also dynamically advanced the set of courses for a number of different job experience curricula planned to communicate not just important methodological knowledge, but also a broad range of important organizational, public and cross-cultural competencies. Siemens occupational training programs are also release to other companies. They can choose to have their workers trained completely by Siemens or can choose to leave out specific training modules if they favor. (WWW.SIEMENS.COM ) Human Resource Planning and Developments:- The human resources planning are the designing of strategies to find future needs of human resources of firm. The primary point is the plan strategic general of organization. From this, planners of human resources can foretell future demand for human resources. Then, the planners should determine if the human resources you needed will be available. Finally, they have to take steps to match supply with demand. The planners should be based forcasts of the demand for HR in the meantime pertinent as available information. The general strategic plan of the firm will provide knowledge on future venures of the business, on new products, and on expansions or specific contractions projected of product line. The information pass in front of providing levels, evolving technolgies, the industry that provides the practices and economic tendencies projected also they can be equiped. The management of HRM utilizes this information to determine both the number of necessary employees and its requirem ents. (Pride et al (2010), Page 251-252). The literature with regard to the encompases of HRM four types of activities: finding, to assign, to develop and to value to the employees. Finding consists of the planning to enlist, and for selecting employees. Assigning includes issues that relates to provide, to promote, to degrade, and to transfer employees. Developing employees squeeze the politics and the practices linked with preparing workers for the present and future works in function of training formal and informal, in development programs function, and in function of professional management. Finally, valuing employees bring with himself to limit, to reward, maintaining relations that hardly with and with valuing the benefits and prices associated with employees. (Ferris et al (1996), Page 220-223). Models for HRM:- Two models have been especially influential in the interpretation of HRM. 1. Model of Matching:- The model Matching, developed by educators in the business School of Michigan, launched the idea of strategic human management of resource because policies of HRM they are inextricably tied to the formulation and the implementation of strategic corporate and/or objectives of business. The model emphasis the need of tight fit among strategy of HR and business strategy and the use of an assembly of the politics of HR and practical that are integrated one with the other and with objectives of the association. Following are the key environments for the development of appropriate policies of HR and systems: 1. The selection of the most convenient people to find the business needs 2. The performance in the business objectives pursuit. 3. The evaluation, watching performance and to provide reaction to the association and Its employees. 4. The rewards for the appropriate work. 5. The development of the ability and the knowledge needed to find objective of business. The matching model is joined closely with the interpretation hard of HRM; that is, the stationing of human resources to find objectives of business. Two suppositions prop up this model: The first one is that the media more troops to handle to people will vary by the association to the association and they are relying in the organizing context. 2. Influential Model:- The second supposition is that of Unitarianism, that is, the supposition that conflict or varying at least views cannot exist in the place of work because all they work to achieve the same objective- the association success. A second model of influention, was designed by Beer et al, (1984) in the University of Harvard. The map of the territory of HRM, as the regular authors its model, recognize that there is a variety holder of bets in an organization, that includes shareholders, various groups of employees, the community and the government. The model recognizes the legitimate interests of various groups, and assumes that the invention of strategies of HRM will have to reflect these interests and to melt them as like possible in the strategy of human resource and ultimately the strategy for business. The elements of better practices now are recognized extensively, if not universally accepted: 1. The security of the employment, 2. The sophisticated selection, 3. The team work and the decentralization, 4. The high salaries tied to the organizing performance, 5. The extensive instruction, 6. Tighten differentials of status, 7. Communication and participation. It is now valuable noting here that there are few challenges to the global applicability of best HRM. (Beard well, J., Clay don, T.(2007), Page 7-10, 5th Edition). Critical Review of HRM Performance:- In the recent few years, countries of OECD have carried out analysis of the performance with the objective of raising the motivation and check and balance of the civil sevants. Strategic planning is most influential when it is associated with the human resource management planning throuout the public administration and within every government or public sector organization. The shortage of integration among human resource management and process strategic enterprenuer planning is widely acknowledged as a important source of implementation failures. The incorporation of HRM planning into strategic planning permits associations to create strategic capacity by the calculation of HRM planning-to confirm that the organization has the important skilled, appreciated and committed workers in place to attain the firms objectives. The incorporation of strategic HRM operations with organizational strategic planning is crucial to activities; this is more crucial when HRM activities are transferred to the line managers, as is the case in people administration in most of the OECD(Organization for Economic Cooperation and Development) countries. (Organization for Economic Cooperation and Development (2010), Page 154). CONCLUSION HR is a very important department for organization in this modern global market of competency. HRM department plays vital role in the development of organization and in meeting the organizational goals according to the organization vision and mission. Functions of Human Resource department are very important for both the organization and the employees as well. This department not only focuses the rights of employees and ensures the availability of atractive scenario but also works for organizations benefit though the satisfaction to the management regarding the proviosn of labour in future. This department manages the organizational future aspects regarding labor and provision of favorite scenario to employees. HR also deals with the different movements and meetings coordinated by the worker or labor unions. Simply the HR department covers the all labor related matters. In addition to above the HR department departments have many criticism on its operations and there is need to reconcile the defects facing by these departments. But overall human resource department is very beneficial for both employees and organization. Different types of model and methods should be adapted by the managers to develop its function to enhance the organizational activities.