Supply chain technology and talent Essay Example | Topics and Well Written Essays - 1000 words

Supply chain technology and talent - Essay Example gnated consumer, waste reduction, reducing the unit cost of the products and enhancing flexibility by ensuring the response time to consumer complaints is reduced as possible. Improvement is a term that is used to indicate positive progress in a certain process or undertaking. Improving the supply chain is optimizing the supply chain management process to ensure sustainability despite market dynamism (Chandra and Grabis, 2007). The business environment is very dynamic and thus, keeps on changing unpredictably according to prevailing factors that may be inherent in the market at any particular time. The changes that occur in the marketplace necessitate for a change in the manner in which business organizations conduct their processes (Leeman, 2010). Initially, firms would gain a competitive advantage in supply chain through only two dimensions that are quality and price of products. However, due to advancement in technology and increase in competition, efficient technology and recruitment and development of skills of the organizations’ staff have become some of the critical factors driving supply chains (Ivanov and Sokolov, 2010). For instance, better trained staff can process the orders of customers quickly hence saving them time. Moreover, efficient technology like internet is an imperative component of any supply chain from both the perspective of the suppliers and customers because it helps ensure all the four forms of utility are met that include time, place, form and possession like it has been established that a well-designed online system platform, which has the capability to allow customers to make purchases and orders online not only saves time for the business and the customers but also helps the business to penetrate into more markets, which finally translates to increased sales and profitability. Moreover, elaborate information systems enable firms to interact with their clients readily thus, minimizing the supply chain channel, in addition to,

Apply appropriate macroeconomic analysis Essay Example | Topics and Well Written Essays - 1500 words

Apply appropriate macroeconomic analysis - Essay Example The economic profit is attained from the difference of national income and the addition of MPL x L to MPK x K. this can be summarized into the formular below. Economic Profit = Y – ((MPL x L) + (MPK x K)) Hence, Y is connected to unemployment, the available capital and the paid wages. The disparity between Y in presence or absence of lowering G is relevant to the government’s higher savings. According to the curve, it can be suggested that the government saves money by lowering G. in the short run there is decrease from 2.79% to 1.13% in the year 2003 while in the long run in 2009, there is an increase to 3.4% from 2.5%. in the IS-LM model, the change in the financial policy attributes to shifting of IS along the LM curve hence declining Y might accompany a contradictory policy. There is rise in the unemployment curve after reduction of G by 10% . This is evident in the decrease of the demanded labour causing the decrease of the Y. furthermore, it is shown that wage rig idity results in to unemployment. The need for labour declines with the decrease in Y and so the unemployment or Y reduces, hence wages maintain the level and unemployment increases. Wages change the market adjustments till the decreasing unemployment in the long run. Inflation relates negatively with unemployment. The decreasing inflation is caused by the rate of unemployment. Thus, declining unemployment causes increasing inflation since low wages and increased investments in the long run. In 2006 there was an inflation standing at 2.24% without the introduction of the change as compared to -1.84% caused by the change. The multiplier effect suggests that the government debt is also affected by decreased government expenditure. The decrease of Y is greater than the decrease in the expenditure leading to reducing taxes therefore a greater deficit in budget results. More increasing Y debt reduces. This explains the decrease in the budget deficit in the long run. The virtual economy m odel illustrates the exchange rate. The increase expressed is a decline in theory since the IS curve shifts to the left because of the cut in government expenditure. The subject virtual economy illustration is from the fact that it relies on the models utilized by American economy. Hence, the exchange rate has to be observed differently. The exchange rate does not directly influence the national income since the net exports rice in a laissez-fair economy whenever e is little. Nonetheless, according to this illustration, it is more costly to import product from foreign countries. Selected Policy Mix The general target of the government is to stabilize the economy rather than upsetting it. There are some economists suggesting that the government has to disturb the economy at some instances to keep it balanced. The United Kingdom policy maker should come up with the policy that will contain these challenges. The government should adopt fiscal policy. Adopting this policy will enable th e government to achieve stable exchange rate as result an equilibrium balance of payment will be achieved. Thus there is an inherent belief that the economy is unstable with shocking influences on the demand and supply. Conversely, economists feel that the economy is always stable in itself in spite of bad policies that lead to acute fluctuations. Hence the

Child and Young Person Development Essay Example for Free

Child and Young Person Development Essay 1) Describe, using the examples in the case study, the kinds of influences that affect children and young peoples development. Include examples from the family and childrens background, health and environment. (2.1) In the case study there are many influences that affect the children and young peoples development in the family; this can be because of the background of the family, the health and also the environment they live in. The mother and father were both in foster care when they were young, so they won’t have a motherly/fatherly figure to look up to when looking after their own children. Their fridge/freezer is broken so they can’t keep food fresh, so they will have to eat tinned food. The twins, Melody and Michael, were born 14 weeks premature so they will need all the nutrience they can get to help them grow and get healthy. The flat they all live in is crowded because there are 8 of them to share 3 bedrooms and a small lounge and kitchen. The lift in the flat is broken so the children cant go out to play and get exercise. Also when the lift isnt working the twins cannot attend the nursery, so they will not learn all the simple things you learn in nursery. The mother cannot leave the flat to shop for food, so they will have to eat less food for each meal to last them until she can get to the shops. Also their father cannot leave the flat because he has a severe disability and he has to stay in bed. He can’t even work because of it, and the mother cant work because she has to look after the children and Wayne too, so they have to live on benefits. Their flat is right next to an industrial estate where many chemicals are used; it is letting off all the chemicals and polluting the air. Therefore the children cant really go out anyway because of the polluted air, it will make them ill. Nigel, who is 7, has asthma and it gets worse when the weather is overcast. Also it doesnt help when the flat has damp patches everywhere that will make Nigels asthma worse. These are the influences that affect the children and young people’s development in the case study. 2) Describe, with examples, the importance of recognising and responding to concerns about children and young people’s  development. (2.2) It is important to recognise and to respond to concerns about children and young people’s development. To prevent a child or young person being neglected or in risk of harmful situations such as violence, drugs or alcohol misuse you can deliver early intervention. This is a support system for children with developmental disabilities or delays and their families. If someone recognises a child or young person getting hurt/abused by parents/family then they should respond to it by calling the social services. That way they can deal with the abuse, and take the child away from the family. Then the child couldn’t get hurt and they will be able to develop more. If you was a student and have a work placement at a nursery/ preschool and you notice that a child has bruises or is acting in a weird way, like being really quite than usual you may think that something is wrong. There are a couple of things you could do; you could ask the child if there is anything wrong if you get no answer then you could tell your supervisor or another member of staff. That way they could do something about it such as, they can ask the child what’s wrong or they could contact the parents. In the case study the family live in a flat right next to an industrial estate which is letting off lots of chemicals and polluting to air, and the children can’t go out to play because of that, it could make them really ill. The parents could go/talk to the council about getting a council house, and then the children can go out and play to get exercise to help them to develop. These are some ways of recognising and responding to concerns about children and young people’s development.

The Benefits of Integrating Computers into the Early Childhood Classroom :: Teaching Education

The Advantages of Integrating Computers into the Early Childhood Classroom Each year, new technologies hold the promise to alter the way we think and learn. Computers are prevalent everywhere, and they are making their way into school systems around the country (Roberts, Carter, Friel, and Miller, 1988). It is obvious that there is a demand for technological instruction in high school and college. However, the question of if computers should be implemented into early childhood classrooms is still prudent. With computers all around us, it is inevitable that children will be exposed to them, and they will eventually be facilitated into their daily lives. The purpose of this research paper is to explore the advantages, disadvantages, and methods of integrating computers into the early childhood classroom. How Computers Effect Young Children Early childhood experiences should maximize young children’s overall growth and development. Their eyes should be opened to the wonderment of learning and the pleasures of discovery. Computers can by an important tool to optimize young children’s potential, and help aid the learning process (Scoter 2001). Before deciding to introduce children to computers, it is important to address the potential benefits and dangers the machines have on youths. Potential Dangers Some people believe that computers should not have a place in early childhood classrooms. They speculate that computers will rob children of their childhood, replace other activities, reduce creativity, and lead to social isolation. It is feared that computers will force them to learn what they are not ready to learn. The machines are often viewed as one more thing to rush young children through their vital childhood years (Scoter, 2001). Whether computers will rob children of their childhood totally depends on how they are used. If children are forced to use computers for lengthy periods of time with drill software, computers could very well rob them of their childhood. On the other hand, if computers are used in appropriate ways that meet children’s development level, they can benefit young children, and teach them what they are ready to learn (NAEYC, 2001). It is also believed that computers will replace other childhood activities, such as building with blocks, painting pictures, or playing â€Å"house†. Exposure to computers may hinder children’s developing understanding of the real world. In reality, this does not occur. Whenever something new, whether it is a paint set or a computer, is first introduced into a classroom, all the children want to use it.

Business School Essay

Since I first entered university, I have evolved from being convinced that an MBA was a necessary part of my future, to believing that MBAs made careers of victimizing other people, to realizing that an MBA truly will help me achieve my passion, which is helping people in my native China. I am now passionate [Comment 1] about attending Wharton to challenge myself with powerful business lessons that will help me grow as a leaders [Comment 2] . My alma mater offered an orientation program that offered [Comment 3] new admits consultation on academic study, and more importantly,[Comment 4] early career plan. I was excited to learn that the tests confirmed what I already expect [Comment 5] – that I showed a strong ability in business. Starting that day, I pinpointed [Comment 6] MBA as an ideal master degree to pursue following several years of solid work experience. With plans made, I embarked on the trek by opting to major in international finance, in addition to taking a broad spectrum of business-related electives including intermediate accounting, economics and banking. Although most of the teaching materials [Comment 7] derived from the communist time while [Comment 8] teachers still resorted to the stale methodology of indoctrination, I looked forward to every class that gave me new insights into how good business [Comment 9] function. I missed a chance to have [Comment 10] more interactive learning environment and to be able to challenge the lessons that we were taught, but the classes further solidified my plan to acquire a formal business degree. Originally my career plan was simple: to excel at [Comment 11] workplace, get an MBA, and then work as [Comment 12] top strategy consultant before settling down as an executive at a corporation. I was happy with my career progress as an Information Technology consultant, but it was not always smooth. While my project at International Media Corporation, my second employer, was in high gear, the 9. 11 tragedy reduced international travel to a standstill. (For details, please see essay No. 2. As if this were not enough, the ensuing fiber-optic scandal in which International Media Fiber Optics [Comment 13] was involved, worked perfectly as [Comment 14] the last straw—it forced our parent company to suspend its China-based operation [Comment 15] , including my project. That meant that I was unemployed. For the first time in my life I needed to assess my career plan. I had done nothing wrong, but the action of other [Comment 16] affected me and [Comment 17] put me out of job. Was th is what MBAs did? Did they ruin other people’s jobs? Comment 18] For a time,[Comment 19] I started to think that the business world was not where I would [Comment 20] be. Over the next six months I got a much clearer picture of what I wanted to do. [Comment 21] I gained experience in the UN initiative (for details, please see essay No. 3) and I reflected upon the world at large. What did I want to do, other than plan for my next promotion or consulting assignment? What did I want to be in twenty years? Consequently, this experience allowed me to contribute to society and to learn more about what I wanted. [Comment 22] My work in [Comment 23] the UN substantially changed my view of MBAs. This time, I started to perceive MBA [Comment 24] from a new angle—first and foremost, MBAs [Comment 25] must be socially responsible before they can aspire to reap professional achievements; otherwise they are still doomed to failure however smart they are. [Comment 26] This was again solidified by my acquaintance and mentorship, at the [Comment 27] UN conference, with an investment banker turned philanthropist,[Comment 28] also the founding chairman of the US-based Green Earth Institute. There were, and are, responsible people and organizations after all. I realized that I could be earn an MBA and make an impact just like those people! Six months on, I headed back to the corporate world, confidence recovered. National Data Systems (NDS) seemed an ideal place to start my career anew—I knew so the minute I saw the receptionist for interview [Comment 29] — in lieu of charming girls [Comment 30] , a disabled person handled the task. Later I learned this deep-rooted culture resulted from NDS’s strong advocacy of handicapped-hiring. As for me, I further extend it to hiring veterans in my department. Not only do I commit [Comment 31] social obligations, but the department actually benefit [Comment 32] from their ultra reliability and diligence. In addition, I volunteered as the department representative for the office health and safety initiative. Mid 2004 will witness my department’s consummation [Comment 33] of a worldwide business transformation project, to which I have been contributing as a IT consultant and project co-leader. This is [Comment 34] perfect opportunity to see my current work to completion and then embark on my new endeavor. Upon graduation, I would like to join a top-tier IT corporation and rotate in different functions in its leadership/executive development program at mid-management level. I see this ad [Comment 35] being important for gaining the management experience that I will need for my true long-term passion, which comes from my work in the UN. I want to help the underprivileged in China. Consequently, I plan on establishing an IT-based NGO in the long run. My business experience gained from my post-MBA job will render me better positioned [Comment 36] to contribute to this scenario—applying cost-effective technologies (only possible through my experience with an elite technology firm) to improve the quality of life in communities that have not changed in decades, if not centuries. After all, the betterment of the entire nation cannot hinge upon the prosperity of but a number of regions or cities. Based on my experience in consulting and the UN [Comment 37] I believe that managing an NGO shares much synergy with running a for-profit business. The leadership experience developed and social connections established in the business arena should be most conducive to my long-term career aspiration. The end of my achievements in business will ultimately find their way in the social cause. Yes, financial standing is an important yardstick,[Comment 38] against which personal success is judged; however, it will be even more fulfilling if I can share this success with the needy and bring benefits to them. As the [Comment 39] leading business school, Wharton offers many lectures in addition to [Comment 40] cases that prepare students for all kinds of real business challenges and opportunities, which caters [Comment 41] well to my career aspiration [Comment 42]. Admittedly, Wharton is most famed for its strength in finance; however, it has, over the years, [Comment 43] also produced a plethora of successful general managers. Having said that, I [Comment 44] trust Wharton is where I can attack my weak link by brushing [Comment 45] up my financial skills, which I believe are indispensable to my career advancement later on. â€Å"He is a sharp cookie, a natural leader just waiting to burst out of his shell†, goes the comment on my first performance review. My communication with Wharton students and alumni has fully attested to my belief that Wharton is the very school that will transform me from a candidate to a bona fide leader of the future.

Financial Crisis Essay - 1088 Words

Marconi (2010) believes that the role played by the institutional investors propagated the financial crises. Institutional investors, which is both, individual or companies do enjoy the benefits of reduced commission preferential regulations. This is due to their large and professional investments. Institutional investors like the mutual funds, pension funds, hedge funds like Magnetar Capital, and Life insurance companies like the AIG and investments trusts contributed to the global financial crises of 2007-2008. This financial crisis also referred to as the great recession was triggered by liquidity problems in the United States economy. Many large financial institutions collapsed according to Geczy (2010). The government had to bail out†¦show more content†¦There were breaches in accounting practices and general breach of business ethics. The bank directors and the chairman are accused of having certified false financial statements and not disclosing key financial practice s in the bank. Among the undisclosed practices was the Repo 105. The Lehman had been using it from 2001, it involved using the Repos to finance assets and treating them as sold Repos while accounting. This according to the report was abuse of ordinary repurchase agreements, it was done to lower the banks leverage as was asked of investment banks toward the end of 2007. The bank at times even involved its subsidiaries. Financial leverage should have been attained by borrowing and investing the same at higher interest rates. The auditors Ernst Young have been accused of professional negligence for failing to disclose these practices thus misled the investors on the financial status of the bank. Some critics cite the complex financial systems and financial investment products to have been the trigger of the 2007-2008 financial crises. According to Laurence (2010), other factors include: failure of effective regulations in the investment markets, inappropriate credit interests, and self interest practices among the institutional investors. According to Hughes (2011), some critics also argue that the institutional investors were behaving in irrational mannerShow MoreRelatedSpanish Financial Crisis1063 Words   |  5 PagesSpanish financial crisis Introduction (source: Wikipedia) The 2008–2010 Spanish financial crisis is part of the world economic crisis of 2008. In Spain, the crisis was generated by long term loans (commonly issued for 40 years), the building market crash which included the bankruptcy of major companies, and a particularly severe increase in unemployment, which rose to 13.9% in February 2009. Spain continued the path of economic growth when the ruling party changed in 2004, keeping robust GDPRead MoreFinancial Crisis And Its Effects On Financial Institutions871 Words   |  4 PagesThe recent financial crisis has a huge impact on systemic Important Financial Institutions; it’s distressing effect can be felt in almost every business area and process of a bank. A fairly large literature investigates the impact of financial crisis on large, complex and interconnected banks. The great recession did affect banks in different ways, depending on the funding capability of each bank. Kapan and Minoiu (2013) find that banks that were ex ante more dependent on market funding and had lowerRead MoreFinancial Crisis And Its Effects On Economy1413 Words   |  6 PagesIn 1997, Asia financial crisis broke out. It brought a huge and negative influence on economy of Asia, even the world economy. Financial crisis which is the value of financial assets decline, lots of financial ins titution out of business or stock market crash. Currency plays an important role in the market. It is a base that keep economic stability in the country. When currency change significantly, the country’s economy in turmoil. The financial crisis started from Thailand, and then PhilippinesRead More1997 Asian Financial Crisis4291 Words   |  18 Pages1997 Asian Financial Crisis Angelica M. Montefalcon 4FM2 I. Introduction For about twenty years, East-Asian countries were held up as economic idols. They were hailed as the ideal models for strong economic growth of developing countries because of their high savings and investment rates, autocratic political systems, export-oriented business, restricted domestic markets, government capital allocation, and controlled financial systems. 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Synopsis of the problem The focus of this essay is the Global financial recession of 2008 (also termed as the Great Crash), Mexican crises of 1994 ( famously calledRead MoreFinancial Crisis Essay1119 Words   |  5 Pagesperiods of economic turmoil in the past several decades; the 1979 energy crisis, the Savings and Loans crisis of 1982, the â€Å"Black Monday† global stock market crashes of 1987, the Dotcom bubble of 2000-2, the recession of 2002-3, the housing bubble and subsequent crisis of 2006-2008. It is from many of these crises that we can observe a pattern; many periods of economic downturn could have been prevented had common sense financial policies been enacted prior to these red periods. A prime example ofRead MoreFinancial Crisis762 Words   |  4 PagesSyndicate group assignment What were the origins of the Asian currency crisis? The Asian currency crisis was a period of financial crisis started in Thailand in July 1997. Many Asian countries experienced a financial crisis are a large drop in the value of its currency and a large drop in its traded equity prices. Before the crisis happened, many Asian countries produced a dramatic reduction in poverty and rapid economic growth. Behind the boom, thereRead MoreWhat Is A Financial Crisis?1671 Words   |  7 PagesWhat is a financial crisis? According to Mishkin and Eakins (2015), â€Å"a financial crisis occurs when information flows in financial markets experience a particularly large disruption, with the result that financial frictions and credit spreads increase sharply and financial markets stop functioning. Then economic activity will collapse† (p.165). Throughout history the United States of America has experienced six significant financial crises. Each crisis left the United States of America’s economy

The Social Environment Essay - 802 Words

The Social Environment Ethics and Social Responsibilities ---------------------------------- Ethics are moral principles and judgements that many people believe should be considered when a business makes any decision (for example, what is ‘right’ and ‘wrong’? What is ‘good’ and ‘bad’?). Social Responsibilities are the duties that a business has towards the people who are affected by its activities, for example, customers, employees, suppliers, and the local community. A ‘good’ business is deemed to be one which acts in a socially responsible fashion, and takes ethical decisions and actions at all times. It minimises waste, it creates wealth, it treats its employees well, it respects the environment, it does not employ†¦show more content†¦Pressure Groups --------------- Pressure groups are organisations that develop in order to tackle a matter of vital interest to the members of the group (e.g. campaigning against businesses which cause pollution, or test their products on animals). They do not have any direct political power, but they often aim to influence the actions of local government and central government, as well as the actions of businesses. Pressure groups can generally be classified as: 1. Interest groups: These groups are established to further the interests of its members and to make the general public aware of its cause (e.g. trade unions). 2. Cause groups: These groups are established to further a particular cause (e.g. animal welfare) as to make the general public aware of this cause. The basic difference between the two groups is that interest groups are motivated by self-interest, whereas cause groups are more concerned with other people and the environment. Pressure groups try to exert influence in a number of ways, including arranging boycotts of products, creating adverse publicity for the business, holding public demonstrations, and ‘lobbying’ the government (i.e. attempting to get the cause noticed and acted upon by MPs). Basically, pressure groups aim to raise as much publicity and awareness of their cause as possible, in the hope that this will stopShow MoreRelatedNatural Environment And Social Environment Essay2082 Words   |  9 PagesThe environment (environment) is always relative to a central thing in terms of. The environment varies from center to center and from center to center. What we usually refer to is the human environment. Human environment is divided into natural environment and social environment. Natural environment, also known as geographical environment. Refers to the nature that surrounds mankind. It includes the atmosphere, water, soil, biological and various mineral resources. The natural environment is theRead MoreCommunity As A Social Environment1624 Words   |  7 Pages Community as an Actor in Public Health In recent times, the nature of the community has been distorted and this caused a variety of social problems emerge in the society. Industrialization, urbanization, migration and individualistic thinking have played a major role in disorganizing community sense in people. In urban society, the basic features of the community have been displaced by the values of individualism, egocentrism, materialism and capitalism, which gave rise of an anomaly, anonymityRead MoreSocial Welfare And The Environment Essay1084 Words   |  5 Pagescompanies are focusing on social welfare and the environment by these CSR programs. In detail, three main factors, the developing concepts, large companies’ participation and the evaluation and review system, motivate more companies to focus on social welfare and environment by CSR programs. Before the terms related to social welfare and environment have been clearly defined, many companies in the U.S. and other international companies have realized that they have kinds of social responsibility and dutiesRead MoreAlfred Adler Reflection Paper1659 Words   |  7 Pagesand traits. I will focus on my inborn traits and how these have changed or been adapted as I grew up, as a result of the exposure to social environments and the power of consciousness. Theoretical Stance My approach will be the individual psychology approach of Alfred Adler. This approach emphasizes the the fact that personalities are shaped by our social environments and interactions, and that conscious is at the core of our personality. Thus, we are not driven by uncontrollable forces, but ratherRead MoreSocial Environment Accounting2446 Words   |  10 PagesAccounting Forum 28 (2004) 1–5 Introduction Social and environmental accounting: trends and thoughts for the future Over the years Accounting Forum has explored different possible directions for the ï ¬ eld of social and environmental accounting. With a new publisher—Elsevier—it is our hope that we shall reach new markets and opportunities. In recent issues, these explorations have been extended to theorising the role of accounting in transnational global processes, and to the channels of globalRead MoreMoffitts Dual-Taxonomy2066 Words   |  9 Pagesinteraction between neuropsychological deficits and the impact that a criminogenic environment has. Piquero and Brezina (2001), stated that the persistent antisocial behaviour associated with this group is down to subtle neuropsychological deficits that interrupt development of language, memory and self-control - these deficits make the individual vulnerable when faced with criminogenic influences within their social environment. Cognitive deficits such as inattention, hyperactivity and impulsivity areRead MoreThe Social Aspect And Environment1830 Words   |  8 PagesThe social aspect and environment is one of the biggest reasons why people do what they do. 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Business is no longer solely aim for profit as they have much larger purpose than that. However, to achieve that purpose, the business people need the Government and NGOs to create strong synergy in achieving the desirable outcome. For more than five