On the Use of Nemesis

On the Use of Nemesis On the Use of Nemesis On the Use of Nemesis By Maeve Maddox Chris Mentzer inquires: What is the contrast among foe and adversary?  What is the reason for utilizing the word Arch before each? Adversary is a more grounded word than foe. Adversary is an antagonistic or unfriendly individual. Foe is an avenging power. In old style folklore Nemesis was the goddess of reprisal. She rebuffed both hubris (bogus pride) and bad behavior. The goddess speaks to the possibility that one can't get away from divine requital. Lowercase foe came into the language in 1597 with the importance â€Å"retributive justice.† One of my most loved Agatha Christie secrets has the title Nemesis. In it Miss Marple is depicted as Nemesis, finding a killer numerous years after the wrongdoing was submitted. Conan Doyle called Professor Moriarty â€Å"the adversary of Sherlock Holmes.† If it hadn’t been for the request of offended perusers, â€Å"The Final Problem† would have been the last Holmes story. It closes with Holmes and Moriarty plunging to their (assumed) passings from the highest point of the Reichenbach Falls. Each was the other’s adversary. The prefix curve is from Greek arkhos, â€Å"chief.† It is added to numerous words to demonstrate supremacy. In the word lead celestial host the prefix is articulated [ark]. As such the articulation is [arch]. chief heavenly messenger [rkä njé™l] archdiocese [rch-dä «Ã©â„¢-sä ­s] most despised foe [rch-Ä•né™-mä] archdeacon [rch-däké™n] archduke [rch-dÃ¥ «k, - dyÃ¥ «k] To put the prefix curve before foe is to fortify the word. A chief rival is the most noteworthy among a few adversaries. Putting the prefix curve before adversary is to debilitate what is an incredible word in no need of increase. Both Nemesis and adversary convey the implication of inflexibility. One can crush one’s foes. Infrequently would one be able to get away from one’s enemy. Need to improve your English in a short time a day? Get a membership and begin getting our composing tips and activities day by day! Continue learning! Peruse the Misused Words class, check our well known posts, or pick a related post below:30 Synonyms for â€Å"Meeting†Confused With and Confounded AboutTo Tide You Over

Analysis of the 260-day Value at Risk (VAR) of a portfolio of four Assignment

Investigation of the 260-day Value at Risk (VAR) of an arrangement of four offers - Assignment Example It is the degree of return including a given likelihood (typically, 5, 2.3, or 1 percent) of encountering an arrival of not as much as that level. Worth at-Risk was first utilized in the late 1980’s by major budgetary firms to gauge the danger of their exchanging portfolios. From that point forward, Value-at-Risk is broadly utilized quantitative instrument to gauge showcase chance. As per Hull (2005), â€Å"VaR addresses the inquiry: what amount would one be able to lose with X% likelihood over a pre-set horizon†. All the more decisively VaR is a sum (say V dollars), where the likelihood of losing more than V dollars is over some future time interim, T days. Worth at-Risk has gotten broadly utilized by corporate treasurers, support chiefs, money related organizations, business firms and speculation assets to measure their budgetary hazard. What's more, bank controllers use Value-at-Risk in deciding how much capital a bank ought to have to mirror the market dangers it is bearing (in the same place). The point of this venture was to execute different VAR techniques that comprise of Analytic VAR, verifiable (Bootstrap) VAR and Monte Carlo (MC) VAR reproduction as elective ways to deal with computing VAR, by utilizing information from four portfolios in particular; Johnson Matthey PLC, Kazakhmys PLC, Rolls-Royce Holdings PLC and Xstrata PLC. These portfolios are recorded in the FTSE file, which are among the biggest 100 UK organizations by full market esteem. The FTSE index1 is the most generally utilized of the FTSE Group's lists and is oftentimes provided details regarding UK news notices as a proportion of business flourishing, in light of the fact that it speaks to about 80% organizations of the market capitalization of the entire London Stock Exchange. The organizations recorded in the FTSE file are resolved quarterly as per their market capitalization. These organizations must meet various prerequisites set out by the FTSE Group, including havin g a full posting on the London Stock Exchange and meeting certain tests on nationality, free buoy, and liquidity. In the FTSE, share costs are weighted by showcase capitalization, with the goal that the bigger organizations have to a greater degree an effect to the record than littler organizations do. The primary organization is Johnson Matthey PLC. The organization is world eminence in refining and conveyance of gold, silver, and platinum bunch metals in 30 nations on six mainlands. The organization is sorted out in various divisions that incorporates Precious Metal Products division (the sole advertising arm for Anglo Platinum), Johnson Matthey's Environmental Technologies Catalysts division that produces emanation control items, energy components, and procedure impetuses. The organization likewise has Fine Chemicals and Catalysts division that make base and valuable metals impetuses and synthetic substances. Johnson Matthey PLC has a normal market capitalization of ? 43.90 billi on. The second organization under center is Kazakhmys PLC. Kazakhmys PLC is an organization that has practical experience in copper. It embraces copper mining, handling, purifying, and refining just as creation of copper cathode and pole items. It is among the best ten copper makers on the planet, with a yearly creation of around 350,000 tons of copper cathode that are utilized in PCs, electric engines, cars, and different items. Furthermore, Kazakhmys procedures and sells side-effects, for example, gold, silver, and zinc. Kazakhmys PLC has

6 Great Reasons To Check Your Credit Report - OppLoans

6 Great Reasons To Check Your Credit Report - OppLoans 6 Great Reasons To Check Your Credit Report 6 Great Reasons To Check Your Credit ReportCant think of a good reason to order a free (we repeat: free) copy of your credit report? No worries, weve got six.Our world is filled with unsolved mysteries. What happened to Roanoke? Who built Stonehenge? How many licks does it take to get to the center of a Tootsie Pop?But some information can be known and should be known. For example, the information in your credit report. And unlike those other mysteries, this one is pretty easy to solve.“It is important to check your credit report from all three major credit bureaus (Experian, Equifax, TransUnion) at least once every 12 months,” urged Audrey Washington, founder and CEO of Fiercely Financial Coaching (@FiercelyFinance). “You can obtain a free copy of your credit history from AnnualCreditReport.com. This service was established by the federal government in response to identity theft.”There are a few other ways to get your credit report, but it’s important to be careful that yo u aren’t scammed. And if youre still not convinced, here are seven  reasons you should check your credit report!1. Because your credit score depends on it.Your credit score is a three-digit number determined by the information in your credit report. That number is very important since it will determine if you can get a loan and more.“Since everything from loan and credit card applications, interest rates, getting hired by a new employer, car and homeowner’s insurance premiums, apartment applications, utility deposits, and cell phone plan services are based to one extent or another on your credit rating, and since your credit rating is based 100 percent. on the information on your credit report, you want to make sure that the information on your credit report is both accurate and up-to-date,” advised Todd Christensen, education manager for  Money Fit by DRS, Inc. (@MoneyFitbyDRS).2. To correct errors.You know what would be really unfair? If the three major credit bureaus, who will track your credit-worthiness whether you ask them to or not, made frequent errors when compiling your credit report. Sadly, this unfair scenario we’ve just described is also our reality! That’s why it’s important to check your credit report for errors.“The last thing you want on your credit score is an error that goes unnoticed,” advised Kelan Kline of  The Savvy Couple  (@TheSavvyCouple). “Its important to check often and keep track of your credit score to prevent your score from dropping.”And what might those errors be?“Your credit report helps you identify errors and/or outdated claims that negatively affect your credit score,” explained Jory McEachern, Operations Manager at  ScoreShuttle (@scoreshuttle). “Such errors can contain minor name spelling errors or major collections that youve already paid off in previous years.”3. To spot identity theft.Some errors on your credit report are actual errors. Other errors are due to stolen identities.“The big gest concern when checking your credit report should be to ensure that no one is opening or using credit accounts in your name,” recommended Christensen. “Identity theft can cost thousands of dollars to correct and take a couple of years to work through, so the earlier you spot any such troubles, the better.”And you may not be the only one at risk.“Parents should also contact the three major credit bureaus on how they can check to see if anyone is using their childrens social security numbers for credit,” advised Washington.4. You’re applying for a job.A potential employer may perform a credit check on you, especially if the job you’re applying for is in the financial realm. You should know what’s on it before they do.“If you are in the job market and you suspect your employer will be running a credit check, prepare by taking a look,” suggested Nathalie Noisette, owner of  Credit Conversion (@credconversion).“You want to preempt any possible reason the employer will deny you the job. Some employers will keep you in the candidate pool if your credit is not stellar, but you offer an explanation as to why your credit isn’t in great shape.”5. You made or are making a big purchase.It’s always good to know your financial situation when you’re making a big purchase, but it’s particularly important if you’re going to be making a purchase that could require interest payments.“If you are considering a major purchase, you definitely want to check your credit report,” urged real estate professional Chantay Bridges. “Your score can affect your interest rate for a large number of years, especially on a purchase such as real estate or an automobile.You want to make certain everything is intact before you sign on the dotted line. In addition, you could be rejected based on something thats there, so you want to have a chance to clear it up ahead of time, especially lates, tardies, or delinquents that are not yours.”6. Because the possi bility exists, so why not take advantage of it?You get at least one free chance to check out your credit report each year. Why throw that away? And there are other services to consider as well.“Many credit card companies, credit score apps, and websites offer free credit score monitoring so taking advantage of them is a no brainer,” Kline outlined. “Keeping an eye on your credit score not only protects you but ensures you are moving in the right direction with improving your overall credit score.”Hopefully, that’s enough reasons to check your credit score. Still not convinced? Well then here’s one more: Cause we think it’d be pretty cool. To learn more about how your credit score worksâ€"and how you can improve itâ€"check out these other posts and articles from OppLoans:How to Raise Your Credit Score by 100 PointsCredit Utilization Ratio: Why It’s Important, and How to Master ItWill Closing a Credit Card Affect Your Credit Score?No Credit Card? Here Are 6 Ways You Ca n Still Fix Your Credit ScoreDo you have a   personal finance question youd like us to answer? Let us know! You can find us  on  Facebook  and  Twitter.Visit OppLoans on  YouTube  |  Facebook  |  Twitter  |  LinkedIN  |  InstagramContributorsChantay Bridges is Americas leading mogul, who utilizes her gifts and abilities in outreach to her community and world around her. She is an exceptional Realtor, (translation: the one you want to hire), Author, Speaker and a keen philanthropist with a strong business acumen.Author and Accredited Financial Counselor ®, Todd R. Christensen, MIM, MA, is Education Manager at  Money Fit by DRS, Inc. (@MoneyFitbyDRS), a nationwide nonprofit financial wellness and credit counseling agency. Todd develops educational programs and produces materials that teach personal financial skills and responsibilities to all ages. Having facilitated nearly two thousand workshops since 2004 on the fundamentals of effective money management, he based his first book, Ev eryday Money for Everyday People (2014), on the discussions, tips, stories and ideas shared by the tens of thousands of individuals and couples in attendance.Kelan and Brittany Kline aka The Savvy Couple  are two thriving millennials that are daring to live differently. They started their personal finance blog  in September 2016 to help others get money $avvy so they can live a frugal and free lifestyle. Brittany is a full-time 4th-grade teacher and Kelan runs The Savvy Couple full-time and works as a digital marketer. You can follow them here:  Facebook,  Twitter,  Pinterest, and  Instagram.As a credit specialist at  ScoreShuttle (@scoreshuttle), Jory McEachern helps individuals reach their ideal credit score so that they can qualify for all the important things in life. With ScoreShuttles online first-of-its-kind technology, members receive the most current updates and tips and advice on how to boost their score, fast.Nathalie Noisette is the Founder of  Credit Conversion (@credco nversion), a credit counseling, and repair company located in Avon, MA. Credit Conversion uses principles of behavioral change to not only allow clients to improve their score but understand the habits that lend to poor credit.Audrey Washington, Founder/CEO of  Fiercely Financial Coaching (@FiercelyFinance) has been an entrepreneur since 2005 and is a personal finance coach, educator, and speaker. She is the author of the book Transform Your Money Mindset Simple Steps for Financial Fitness. Her signature programs are Workplace Financial Fitness,   financial education for employees;  Financial Fitness Boot Camp; and Debt Free Boot Camp. She is also an affordable housing/community development consultant.  She is a certified Financial Capability Coach, Homeownership Counselor, Homebuyer Educator, and Foreclosure/Default Counselor. Audrey teaches Personal Financial Management at Monroe College and is a Life Member of the National Council of Negro Women. She enjoys the beach, reading, b aking and time with family and friends.

Illustrating and Discussing the practices of Management Behaviour - Free Essay Example

Sample details Pages: 9 Words: 2624 Downloads: 7 Date added: 2017/06/26 Category Management Essay Type Analytical essay Did you like this example? Introduction The success of a business depends on its management. Without management it is not possible to run or manage a business or anything else. In regard to managing businesses and associated behaviour the field of management behaviour has originated. Don’t waste time! Our writers will create an original "Illustrating and Discussing the practices of Management Behaviour" essay for you Create order Management behaviour is about making decisions. It helps people and businesses to concentrate on their goals and business objectives (Baligh 2006). Nowadays almost all businesses are involved in the practice of management behaviour that will be discussed here in this paper with the consideration of its different aspects. The paper will include an analysis of the effects of structure and culture on business performance. Additionally, it will also include a discussion of changes that have occurred in management in last 40 years and that may occur in next 40 years. In the end, the skill set required by an individual to operate at management level will also be discussed. Effects of Organisational Culture and Structure on Business Performance Organisational structure and culture are significantly related to each other and make effects on business performance. For understanding the effects of culture and structure on business performance it is essential to understand organisational culture, structure and business performance (Ryall Craig 2003). Organisational structure is a formal system of work roles and authorities relations that determine how associates and managers work together with one other. It is a pattern of relationships among different organisational positions. With the help of structure it becomes easy to define the process of management (Clayton Fisher n.d.). It also assists with a framework of order and command that directs mangers in planning, organizing, directing and controlling different organisational activities. Organisational culture refers to the values shared by organisation managers and associates. It includes shared assumptions, beliefs, values, norms and language patterns (Ryall Craig 2 003). In addition to structure and culture business performance is the ability of a firm to attain its goals by making an effective use of its resources. All these aspects are interrelated to each other and also include several factors that affect individual performance in the workplace (Orna 1999). Structure and culture are the key elements in an organisations success. If an organisation operates by concentrating on these aspects, it becomes easy to attract consumers and increasing competition. Whether a firm is small or large in its size, its effectiveness depends on how it is structure (Daft 2009). This organisational structure gets developed under the influence of the culture that in turn influences a firms ability to implement changes effectively. If a firm is able to maintain an effective culture, it becomes able to develop well-planned organisational structure that makes it easy for business managers to implement changes and attain success. Organizational structure exer cises within an organizational culture, but it is interrelated (Ryall Craig 2003). Organizational culture pertains to a broader view that includes number of small organisational issues and aspects (Harris Hartman 2001). On the other hand, organisational structure refers to the infrastructure, and the number of methods and practices employed within that infrastructure (Clayton Fisher n.d.). All the methods and practices assist an organisations culture to operate with the competence and consistency. In modern era organisations are evaluated on the basis of their culture and structure that need to be managed critically. Structure is an integral part of an organisation culture as it primarily deal with the establishment of culture that in turn motivates employees to work effectively in the direction of organisational goals (Orna 1999). If a firm is not able to integrate its structure with culture it would not become able to encourage its employees to take initiatives and implem ent changes successfully that are critical for its effective performance (Baligh 2006). Organisation culture involves several issues like how management works, which particular obligations supervisors have and how a complaint or issues can be passed through different organisational levels. All these issues related to culture are directly associated to how a firms organisational structure works. In addition to this, there are also several other issues related to culture that can only be resolved through an effective organisational structure (Clayton Fisher n.d.). For effective performance of business it is vital to resolve these issue as otherwise it would not be possible to attain determined profit goals and objectives. Another significant way to describe the interrelationship between structure and culture and their effect on business performance is to identify that how structure works. Organisational structure allows formation of different interrelated groups that are allowe d to operate smoothly with specific role and authorities (Orna 1999). This framework or teams allows effective communication and coordination that builds a healthy culture and motivates employees to work in the direction of organisation goals attainment (Jumpponen, Ikà ¤valko Pihkala 2008). Structure defines the roles and responsibilities of every individual and their interrelation to serve customers. This clear roles and responsibilities increases effective communication and coordination between organisation tasks and jobs that facilitates in developing a positive culture in which everyone works with association and participation (Clayton Fisher n.d.). All these aspects significantly help managers in attaining organisation mission and vision. Changes occurred in Management over the last 40 Years According to senior level employees who are about to retire, it is believed that over the last 40 years several changes have occurred in management and this could be interpreted with the help of evolution of different organisational and motivational theories used by organisations. Previously in regard to management, organisations used to adopt scientific and bureaucratic approach that in present has been replaced by system theory and contingency approaches (Luthans 1998). Previously all organisations used to motivate its employees on the basis of Maslow-Need hierarchy that in present is replaced by McClelland theory and several other theories. Before 40 years, all employees were only responsible for handling their specific tasks but nowadays situation has changed a lot as in present employees are responsible for planning, organizing, staffing, leading and controlling (McKenna 2000). In old times, it was not essential to play multi-purpose role that in present has become critical for effective management. In past, almost all organizations used to Webers concept of bureaucratic structures but the increased complexity of multinational organizations has now created the requirement of a new structures like functional, project management, matrix and virtual (Luthans 1998). In addition to structure, several other new aspects have emerged in regard to management like different strategy levels, system approach to decision-making, socialization, departmentation, and different leadership theories etc (Harris Hartman 2001). All these concepts were not there in past for managing businesses but now scenario has changed completely as every business has its own specific needs and requirements and all of them select different management approaches according to their suitability (Jumpponen, Ikà ¤valko Pihkala 2008). In past almost all firms or businesses used to operate with empirical or case approach but now it is not the situation as firms operate with different approaches as competition has increased a lot and it has become difficult to attract customers. In regard to increased competition, the companies are making use of different management approaches. Some present firms are using system approach that considers organisations to be open system whereas some of them are making use of operational approach that endeavours to develop the science and theory of management by drawing upon the concepts, knowledge, techniques from other fields (Luthans 1998). In between these two approaches there are several other approaches that were used throughout last 40 years. In this way, it can be said that the business environment has changed significantly from the time when present senior level managers started working (McKenna 2000). All present senior level managers commit that they have seen several changes in the process of management but all these changes are based on the altering situations, trends and emerging technologies (Harris Hartman 200 1). Changes likely to occur in Management in coming 40 Years In regard to the discussion of the changes occurred in management in last 40 years, it can be stated that it is also likely to change in next 40 years. In present almost every aspects of business and its management are changing that will also continue to alter in coming years. An individual who is about to start his career in present 21st century is exposed with significant challenges and is likely to confront several other key changes (Pappas 2006). In present employees are required to play several roles like interpersonal, information and decision making roles but in coming time employees will be required to operate in virtual environment. Presently employees are making use of advanced systems, discussion, meetings to collect information and perform their duties but in future they could do all these things in a virtual environment (Luthans 1998). As well, employees who are about to start their professional career will also confront changes in their roles, levels of manageme nt, communication, business strategy, approaches to management and tools used to manage business related aspects (Jumpponen, Ikà ¤valko Pihkala 2008). The pattern of communication and business management followed till now will substantially changes in coming 40 years. From last half decade the electronic mail has emerged as a key element of corporate communication but in coming years it will also change. In coming years, the management of communication will also change in regard to the change in organisational structures and cultures (Harris Hartman 2001). The employees will be exposed to make use of powerful information-management and collaboration tools that are likely to emerge. With these tools, employees will become able to link associated messages and track message flows more expeditiously (Pappas 2006). As well, it is also believed that the automatic language translation will take foot hold and interconnected messaging will appropriate young employees and managers wi th a facility to check e-mail, mobile messaging, voice mail, and fax machine from an only inbox (Fast Forward: 25 Trends That Will Change the Way You Do Business 2003). In regard to the changes in communication and business management, it can be said that in coming 40 years most of the employees will depend more on computers rather than their own evaluations or perceptions. More and more softwares will be employed for different jobs and roles that will increase human capabilities (McKenna 2000). In next 40 years, it is likely that the firms and its employees will growingly make use of artificial intelligence to solve different business problems and the pattern of doing work will also change as everyone will be allowed to operate in a virtual environment (Fast Forward: 25 Trends That Will Change the Way You Do Business 2003). Skills Set Required to Work at Management level Working at management level is not as easy as it seems because it involves different skill sets and an ability to involve in team work and group. Nowadays managers are responsible for different roles that cannot be fulfilled if they operate on their own without communicating and coordinating with others. A manager is responsible for performing five functions that are planning, organizing, staffing, leading and controlling (Drucker 2007). In addition to this, a manager is also required to interact with many people both within the organisation and outside the organisation and hence perform interpersonal roles (Montana Charnov 2000). For effective interactions and management it is vital to have an ability to communicate, understand, listen, interpret, convince and lead others. If an individual have all these skills and abilities then he can effectively interact with organisations internal as well as external customers and associates. With these skills, a manager can easily play in terpersonal roles that may be of figurehead, leader and liaison (Drucker 2007). With the above discussed skills a manager also become able to perform his informational (recipient, disseminator, and spokesperson) and decision roles (entrepreneurs, disturbance handle, resource allocator and negotiator). In addition to these skills several other skills are also required by an individual to operate at management levels that are as follows: Technical Skills: Technical skills pertain to the ability of an individual to perform specific activity. In order to perform specific activity an individual should have all-essential knowledge of methods, processes and procedures as otherwise it would not be possible to carry out given task or duty (Atwood 2008). This could also be understood with the help of examples of some positions like engineers, accountants, computer specialists and project managers who have necessary technical skills for their specialized fields. These skills are essential for an individual to operate at management level as he may also be given responsibility to manage and evaluate others. Without technical skills, it would not be possible for an individual to operate at management level that includes functions like planning, organizing, staffing, leading and controlling (Pride, Hughes Kapoor 2009). Human Skills: Human skills required by an individual to operate at management level are also known as interpersonal skills. It refers to the ability of an individual to work well with other people in a group or team. It refers to the ability of an individual to direct, motivate and communicate with people to help them to attain given objectives (Drucker 2007). These skills are highly important for a person in regard to the creation of an environment in which everyone feels comfortable, free to communicate and share their opinions. This kind of environment can only be create when a manager have human skills. With human skills, a manager can help its employees throughout their interactions with supervisors, peers and people outside the work like customers, suppliers and public. These skills are imperative for an individual to operate at all management levels of an organisation (Montana Charnov 2000). Conceptual Skills: Conceptual skills mean the ability of an individual to think and conceptualize abstract situations. It refers to the ability to comprehend and match up all essential corporate objectives and activities. These skills are critically required when a person is employed at top management level as top managers are highly required to predict changes and see big picture in regard to future (Montana Charnov 2000). Top managers are required to interpret present internal and external changes and trends for the identification of future business strategies. Without conceptual skills an individual cannot operate at management level as it is essential to identify meaning and develop business strategies accordingly (Drucker 2007). The significance of this skill set can also be understood in regard to present competition that requires managers to make appropriate interpretations and appropriate business plans and strategies accordingly. Design Skills: In addition to technical, human and conceptual skills an individual who is going to work at management level is also required to have design skills. Design skills refer to an individuals ability to identify solutions of problems in a way that can significantly benefit organisation. Having the design skills is essential for individuals that are going to operate at management level as at this level there is a critical need of solution rather than just identifying problems (Montana Charnov 2000). Until or unless an individual is not able to propose solutions of different organisational problems with his design skills, he would not be appropriate to work at management level. Conclusion With the help of above discussion, it can be said that management behaviour is an important practice that should be followed by all organisations for attaining an assured success. With the considerations of management related aspects like structure, culture and their interrelationship, affect on business performance a firm can become able to attain high profits and increased performance (Montana Charnov 2000). As well, the evaluation of changes occurred in management in last 40 years and the changes that can occur in coming 40 years is also quite effective as it directs present companies with all essential changes that they should follow for attaining their aims and objectives. Additionally, the identification of skill set required for an individual to operate at management level is also critical as with this a firm can hire or develop employees accordingly. An appropriate skills set is essential to effectively work at management level.

Finance Fo Managers - 3324 Words

An Assignment On Finance for Managers Introduction: Unique horizon Ltd. is a recently formed in 2002 situated at London, a limited company which is facing increasing growth. They began their business as a family business so their level of financial accountability is low. But now the management needs a financial accountant in order to ensure the accountability and proper management of the firm. However, before that the management needs to know specifically the roles and responsibility of proper financial information. They also need to know about budgeted plans and methods for appraisal of a business opportunity. We have prepared this report basing on the information provided in the case of Unique horizon Ltd. which complies with the†¦show more content†¦Also, the company should continue its activities according to the rules and requirements of GAAP (General Accepted Accounting Principles). 1.5 Usefulness of financial statements to stakeholders: A financial statement is a legitimate record of the financial activities of a business, person, or other entity. On the other hand, a person, group or organization that has interest or concern in an organization is known as its stakeholder. Stakeholders are one kind of owner for an organization. As a result these people want to know about the organization in details in which they are going to invest. In this regards financial statement or financial records are useful instruments for providing those information to the stakeholders. Usefulness of financial statements for stakeholders is discussed below: * A stakeholder is interested in the equity of the firm. The ultimate objective of a firm used to be maximizing profits. But now a days, goals have widened because of the changing environment in which the firm operates and includes earnings per share, employment numbers, management satisfaction, environmental protection and many other factors that have an effect on the equity of the business. For this reason, the stakeholders are interested in the financial information of the organization. * The firms performance can be assessed through an income statement, balance sheet and cash flow statement.Show MoreRelatedHow Successful Were the Russian Governments in Promoting Economic Ch ange and Modernisation Between 1881-1904?625 Words   |  3 Pagesfactories. But Russias economy was still not as well-developed as that in western Europe. So a real industrialisation took of in the reign of Alexander III and the help of Nicholas IIs finance minsters Ivan Vyshnegradsky and Sergei Witte. The main point of those developments, was imporoving Russias finances and buliding up the gold reserves. For doing this Vyshnegradsky decided to increase the indirect taxes and mount a drive to swell grain exports.. By 1891 the duties were increased so thatRead MoreManagement Control Systems Pdf115000 Words   |  460 PagesPrinciples of Management Control Systems 20 Fo rI B ICFAI UNIVERSITY S U se O nl y C la s s of 09 Principles of Management Control Systems 20 Fo rI B ICFAI Center for Management Research Road # 3, Banjara Hills, Hyderabad – 500 034 S U se O nl y C la s s of 09 ï›™ The Institute of Chartered Financial Analysts of India, January 2006. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, usedRead MoreHenri Foyal, Mary Parker Follett and Chester I. Barnard in Administrative Principles Approach1569 Words   |  7 Pagesmodern-day organizations can be traced back at least 2000 years to models of Chinese military hierarchy. However, one of the first people to capture on paper the processes and practices of organisations was Henri Fayol (1841–1925), a mining engineer and manager by profession (Middleton, 2002). Fayol defined the nature and working patterns of the twentieth-century organization in his book, General and Industrial Management, published in 1916. In it, he laid down what he called 14 principles of managementRead MoreSample Resume : Record Companies1651 Words   |  7 Pagesbecoming associated with a record label. A record label operates in many ways. They have a number of steps in which they operate: 1. create/ scout for bands or an artist 2. offer contracts 3. makes music for band/artist 4. promotion/marketing 5. finance a record 6. makes money To look for new bands or artists some record companies may be associated with artist and repertoire (A+R). A+R are responsible for talent scouting and overseeing the artist development. They also assists with the marketingRead MoreThe Continuity Of Nursing Care1680 Words   |  7 PagesLeadership and leadership style Personal life I have been able to influence the behaviours of other especially in my home in order to achieve my family’s members task and objective by employing a democratic style of leadership. I do not over manager or under-manage my family or personal affairs but have struck a balance towards doing that. One must find a way to do the right thing in order to stand as an example to other. The a lot which involves intelligence energy, initiative imaginationRead MoreBank of Queensland Research Paper Banking Industry21330 Words   |  86 Pages...... .................. ..................................................  2 20   3. 3 0 Share P Price Movem ments Perio 1 Peri 2  .......... od iod .................. ..................................................  2 20   4. 4 0 Weekly Returns fo BOQ and SP/ASX y or d X200  .......... .................. ..................................................  2 21   5. 5 0 Compa arison of Pri Graphs and return Graphs œPeriod 1 Pe ice eriod 2   ......................................  2 . 22   6.0 6 Read MoreThe Data Analysis, Finding, Discussion2671 Words   |  11 Pagessaid it is availability of opportunity. TABLE 4.16 Table 4.16 suggests that the highest perpetrators of bank frauds are the cashiers with 37.5% of the respondent, followed by the accountant with 31.2% of the respondent. 18.8% said it is the managers and 12.5% said it is the account clerks. TABLE 4.17 Table 4.17 reveals that direct theft of cash alone accounts for 68.8% of the total kinds of frauds committed in the bank. Thus, the mostly committed bank fraud is cash theft; moreover, cashRead MorePatton-Fuller Community Hospital Networking Paper3084 Words   |  13 Pagesthe departmental network use different standards such as 1000Base F. The areas that use the 1000Base T are responsible for the administrative side of things. These areas are: hospital executive management, human resources, operations, facilities, finance, and IT data center. The areas that use the 1000Base F are responsible for the clinical areas. They include: radiology, operating rooms, wards, ICU’s, emergency rooms, labs, and pharmacy. For a failsafe, the entire hospital has a complete power backupRead MoreAnalysis of Recruitment and Selection Process3149 Words   |  13 Pagesselected from the Private Share Holders. Government nominates one of the directors to hold the post of the Chairman for the co mpany. The Board is responsible for overall functions of the company while day to day activities are supervised by the General Managers. All major policy decisions are made by the Board. Members of the Directors panel of the corporation are as below: Chairman Director Director Director Director Director Name | Designation | MajorRead MoreEssay on Patton- Fuller Community Hospital Networking Project1796 Words   |  8 PagesResources, Operations, Facilities, Finance (Apollo, 2008). Each of the afore-mentioned Departments is connected via a 1000 Base T CAT 6 cable. Each of these departments has dedicated computers that are assigned per the individual’s title in the organization. For example, the Executive Mgmt. have Apple iMacs, 24†, 2.4GHz, 2GB Ram, 500 MB HD, Wireless, 10/100/1000 Base T, OS Virtualization with MAC OS X Leopard amp; Windows XP work stations. The HR, OPNS, Finance Senior Manager Workstations are Apple iMac

How Nelson Mandela used Rugby to unify South Africa Essay

After spending twenty-seven years in prison, Nelson Mandela was released from prison on February 11, 1990. In 1991, Nelson Mandela was chosen to become president of the African National Congress. In 1993, Mandela and South African President F.W. de Klerk announced an agreement that the African National Congress and the National Party form a transitional government, effectively ending apartheid and opening the political process to all South Africans (Williamson). Mandela was elected President of South Africa in 1994, and de Klerk became his first deputy. However, even with apartheid abolished, South Africa was still a divided country. Mandela’s legal adviser, Nicholas Haysom, said, â€Å"South Africa in 1994 was a country that was split,†¦show more content†¦A year later, Mandela proposed that if the whites backed democratic elections, the next rugby cup would be held in South Africa. The democratic elections occurred, Mandela won the presidency, and the 1995 World Ru gby Cup was awarded to South Africa. The Springboks were seen as the whites’ team. The blacks hated and rooted against the Springboks, who had fourteen white players and just one black player (30 for 30). They would cheer when the opponents would beat or hurt the Springboks, because in their eyes they saw the people oppressing them being beat. However, Nelson Mandela decided to embrace the Springbok team and use them as an opportunity to bring the nation together. Mandela put on the Springbok hat at a rally in Soweto, endorsed the Springboks, and asked the black South Africans to support them too (Lodge 212). The blacks met the speech with boos, skepticism, and anger. Black South Africans hated rugby, and the Springbok logo was one directly associated with apartheid oppression (Carlin 192). Nelson Mandela was a very calculated political leader, and he understood that the black South Africans would be reluctant of accepting the Springboks. However, he also understood the impac t of sports and that an entire nation rooting for their national team would bring the country together. South Africa was a very fragile nation at the time, and if things at the World Cup went wrong, it could have backfired. Mandela’s plan relied on both the whites and blacksShow MoreRelatedPositive Impact Of Nelson Mandela1254 Words   |  6 PagesHaseeb Sial Ms. Poll Global Studies Honors December 11, 2017 Nelson Mandela   Ã‚  Ã‚   Nelson Mandela was a great leader of South Africa. Nelson Rolihlahla   Mandela was born in South Africa on July 18, 1918. He was an anti-apartheid revolutionary, political leader, and philanthropist, who was the first black and democratically elected President. Before Mandela was elected president, South Africa was a country with a white supremacist government, ruled by apartheid. There were racial tensions between whitesRead MoreAnalysis Of The Movie Temple Grandin 903 Words   |  4 Pagesrising against adversary with Nelson Mandela sworn into office after the disintegration of the South Africa’s apartheid, the nation suffers low morale and division among each other. The Springboks, the national rugby team suffers criticism among the African, due to the colors representing the history of apartheid. Mandela embraced the Rugby team and encourage them to win the 1995 World Cup in order to unify the entire nation, with support of the president and the South Afri can people the team eventuallyRead MorePlaying the Enemy2445 Words   |  10 PagesThe South Africa the world knows today was not always one of general unity and democracy but of division and supremacy throughout the races. John Carlin’s, â€Å"Playing the Enemy,† guides you through South Africa’s journey during the nineteen eighties and early nineties to non-racial democracy. Through firsthand experiences of many South Africans including the dismantler of apartheid and former president, Nelson Mandela, Carlin helps the reader understand what Mandela and many others had to endure toRead MoreLeadership in Invictus1722 Words   |  7 Pagesbased upon the life of Nelson Mandela during the time he held his Presidency of South Africa. Specifically, the movie focuses on his ideas of managing the Springboks and how the opportunity of using the country’s Rugby team unfolds as a way to bring the country together. Since The World Cup is being held in South Africa during the first year of his term, he sees The World Cup as an attempt to bring the whites and blacks together by finding pride in their home team’s victory. Mandela is successful at transformingRead MoreEffective Leadership And The Leadership Essay1398 Words   |  6 PagesThis article will enlighten essential leadership qualities Mandela held, and which aided him to triumph what many other leaders have never accomplished. After his release, he champions for better leadership that unites all the people irrespective of race, status, or place of origin. Meanwhile, the country hosts Rugby World Cup sport, which the veteran leader becomes keenly interested in how his team could win. On top of this, the sport is used as a basis to reflect on the determination that must beRead MoreThe Slogan For The National Party2018 Words   |  9 Pageswhen other countries were moving away from racist policies. All Government action and response was decided according to the policy of aparth eid. In South Africa the white people are in the minority, and many were worried that they would lose their jobs, culture and language which explain how people were thinking (History.com Staff). Here we observe how the whites responded in a time where they felt a need to â€Å"protect the weaker members from exploitation† and set forth moral rules that would be imposedRead MorePolitics in Sports2095 Words   |  9 Pagesa sports event, the main focus was on the political aspect of the German government that has moved away from its old ways to unify as a country that accepts all people regardless of their beliefs. The politics regarding Nazism cast a shadow on the Munich Olympics and instead of enjoying the sporting events, people as a whole concentrated on the new German government and how it dealt with the previous opinions the society had. The Mexico City Olympics in 1968 was a different yet similar incident whereRead MoreFIFA Fotball: A Single Goal, a Single Feeling Essay1784 Words   |  8 Pagesthe Fà ©dà ©ration Internationale de Football Association (FIFA) than to the United Nations. Every four years, 3[spell out] million people from around the globe gather to witness the most concurred sports event on Earth: the World Cup. It is incredible how sports, as a universal language, can be powerful enough to foster global peace, tolerance, and mutual understanding by uniting communities across boundaries, as well as cultures and religions. Additionally, its intrinsic values, such as teamwork andRead MoreCurrent Brand Positioning and Target Market of Vodacom Essay3486 Words   |  14 Pagesmemorandum is to analyze and explain the current brand positioning and target market of South African company, Vodacom, from previous commercial advertisements. After having analyzed the current target market and brand position w e would recommend a new target market and position for Vodacom of South African’s age range, 15-55 (58.7 % of total population) and include the following segments within the market: white and black South Africans, business adults and corporations, while still including the youngerRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesCreating a Positive Work Environment 22 †¢ Improving Ethical Behavior 22 Coming Attractions: Developing an OB Model 23 An Overview 23 †¢ Inputs 24 †¢ Processes 25 †¢ Outcomes 25 Summary and Implications for Managers 30 S A L Self-Assessment Library How Much Do I Know About Organizational Behavior? 4 Myth or Science? â€Å"Most Acts of Workplace Bullying Are Men Attacking Women† 12 An Ethical Choice Can You Learn from Failure? 24 glOBalization! Does National Culture Affect Organizational Practices? 30 Point/Counterpoint

Health Politics Planning and Practice

Question: Discuss about the Report for Health Politics Planning and Practice. Answer: Introduction Policy analysis is a complex activity that needs to be approached from different perspectives. The analysis of a health policy is important because it helps in explaining its strengths and weaknesses particularly when looked at from the social, economic, political, and epidemiological perspectives. Workplace Health and Safety Policy Statement is one of the most important policy statements that have revolutionized the healthcare sector. It is distributive policy that is exclusively aimed at benefiting the Australian workforce. It stands to benefit the employees who are to win in case it is implemented. However, it is the employer who may lose because t will bring additional responsibilities to them. Its stakeholders are the employers, employees and other interest groups like the government, trade unions and many others. As a workplace policy statement, it has been focusing on the provision of safe and healthy working environment for all the workers and anyone who might get an opportun ity to visit the workplace. The policy had made it a priority that all the employers should strive to use all the available resources to safeguard the welfare of all the employees, visitors or contractors and eliminate any unnecessary risk that might be experienced in the workplace (Jolley, Freeman, Baum, Hurley, Lawless, Bentley Sanders, 2014). The strength of the Workplace Health and Safety Policy Statement is that it is a standard policy that was made by applying the right standard it requires. For it to be in place, the policy statement had to mandatorily pass through the agenda setting, policy formation, adoption, implementation and evaluation stages. This is a clear proof that the policy was not rushed, but came into existence by adopting the most appropriate strategy (Kitson, Marshall, Bassett Zeitz, 2013). By doing this, the policy had to be critically analyzed and weighed against all the previous statements to which it could be linked (Birkland, 2014). The analysis of this policy can be properly done using the book Healthcare and Public Policy: An Australian Analysis in which the author presents a candid discussion on policy analysis. The strength of the book is that it gives a detailed discussion on the criteria that should be used in analyzing policy statements. After giving a broader view of the definition of policy, the book chapter goes ahead to give an insightful information on how to use the social, economic, political, and epidemiological perspectives in the analysis of a policy statement. Besides, the other strength of the book chapter is that it highlights the significance of policy statements in the country (Head Alford, 2015). As a nation, Australia has been coming up with several policy statements aimed at improving different sectors of the society. Therefore, by explaining much about the significance of policies, the formulation and implementation process, it becomes easier to understand why it is important to analyz e the policies. A well-guided analysis can help in identifying the underlying strengths and weaknesses that might require to be improved so as to make the policy to be relevant and useful to the society. This is what the countrys healthcare system requires (Fischer, 2012). Economical Perspective When analyzed from an economical angle, Workplace Health and Safety Policy Statement stand out as one of the most cost-effective policy statements in Australia. Over the years, Australias healthcare sector has had a lot of policy statements. Each of which has made significant impacts on its healthcare sector. What makes Workplace Health and Safety Policy Statement exceptional is that it is a cost-effective policy statement that does not require too much money to implement (Votano Sunindijo, 2014). Although it is a primary responsibility of the government to provide adequate healthcare to the public, the resources allocated to the healthcare sector should be properly utilized (Kirkman, Kenny Fox, 2013). To achieve this objective, the government should come up with viable and cost-effective policies that can benefit a large section of the society, but becomes affordable to implement. It is for this reason that the Workplace Health and Safety Policy Statement qualifies as a suitable policy because if effectively adopted, it will utilize the least possible amount of resources to transform workplace safety and care. Workplace Health and Safety Policy Statement Sociological Perspective From a sociological perspective, Workplace Health and Safety Policy Statement still remains an invaluable asset. Workplace safety and healthy is a multifaceted initiative that requires a collective approach to handle (Fenna, 2015). As already highlighted, the policy statement advocates for collaboration between the employer and employees. Such a unity is necessary because it can help in supplementing the efforts of one another. Whereas the employer is responsible for using its managers to provide, facilitate and constantly supervise the safety of the workplace, the employees can chip in by supporting the management to do so (Basil, Basil, Deshpande Lavack, 2013). This clearly shows that the policy is unitary in nature and can enhance cooperation amongst different stakeholders. By giving different stakeholders a chance to come together and join hands for a good course, the policy serves as a sociological tool that can be relied upon to enhance harmony in the corporate sector. Collaboration is a very important asset that can greatly contribute towards the prosperity of the corporate sector. Under the sociological perspective, the policy can be designed to suit different sections of the society which deserves to be treated with the fairness, equality, and social justice that it deserves. Epidemiological Perspective The policy can be analysed from an epidemiological perspective. Epidemiology refers to an area of study that centres on diseases, their causes, prevalence, effects, and prevention. The information collected by epidemiologists can therefore be relied upon by the public healthcare system to understand the pattern of diseases, predict their outbreak and come up with the management, prevention and mitigation strategies. Epidemiologically, Workplace Health and Safety Policy Statement prove to be as valuable as any other health policy. Occupational health should be treated with the due respect that it serves. When the employees health is not protected in the workplace, nothing can be achieved whatsoever. As clearly outlined in the policy statement, a healthy workforce can be a core pillar of any organization. When the employees are exposed to all sorts of preventable health risks, accidents, diseases or deaths, they cannot be motivated to serve the organization well (Hale, Borys Adams, 2015). This can, in the long run, lead to loss of productivity and quality service delivery to the satisfaction of the clients. Meaning, the organization cannot manage to accomplish its short and long-term objectives. Therefore, by recognizing occupational health as an issue of concern, the policy will serve to benefit the employer. Workplace should always be a safe place for all the employees, and any other stakeholder who might be interested in accessing it for one reason or the other. If all cases of accidents and pollution are eradicated, the workplace will be free from any illnesses like respiratory and cardiovascular diseases that might in turn injure the health of the employees and the local co mmunity. Political Perspective The Workplace Health and Safety Policy Statement can be analyzed from a political perspective. As already hinted, healthcare sector can never be divorced from politics because it is one of the major sectors whose survival and success greatly relies on the countrys political good will. It is not possible for the countrys healthcare sector to adopt any commendable reforms without the involvement of the political class (Briggs, Towler, Speerin March, 2014). After all, this is the legislative arm of the government whose mandate is to make laws to be followed by all Australians. Should the Workplace Health and Safety Policy Statement be fully supported by the political structure, it will definitely succeed. This is the section of the society that uses its powers to influence major policies by turning statements into laws to be mandatorily followed (Dunn, 2015). Since it is the role of the government to ensure the availability of quality healthcare services to its citizens, such policy statements have to be fully-supported since it is aimed at the benefit of the larger society. The safety of the employees is an issue of major concern because without a healthy workforce, no sector of the Australian economy can realize any progress. Thus justifies why Workplace Health and Safety Policy Statement remain a viable political tool whose proper implementation can greatly transform the Australias workplace safety and health. Political involvement can play a significant role in ensuring that such viable policies are enacted and fully supported in the whole country. With a political goodwill, such health policies can be treated with the priority they deserve and get funded without any constraints. This is how workplace safety can be guaranteed in the country. Areas that Need Improvement Employee training on occupational safety Incorporation of the trade unions Public awareness on workplace safety Involvement of employer associations and organizations Recommendations Provide adequate training to the employees on occupational safety Allocate enough resources to implement the policy The government to work in conjunction with trade unions and professional bodies to advocate for the rights of employees Extend the scope of the policy to cover all stakeholders rather than the employees alone References Althaus, C., Bridgman, P., Davis, G. (2012). The Australian policy handbook. Sidney: Allen Unwin. Basil, M., Basil, D., Deshpande, S., Lavack, A. M. (2013). Applying the Extended Parallel Process Model to workplace safety messages. Health communication, 28(1), 29-39. Birkland, T. A. (2014). An introduction to the policy process: Theories, concepts and models of public policy making. New York: Routledge. Briggs, A. M., Towler, S. C., Speerin, R., March, L. M. (2014). Models of care for musculoskeletal health in Australia: now more than ever to drive evidence into health policy and practice. Australian Health Review, 38(4), 401-405. Dunn, W.N. (2015). Public policy analysis. London: Routledge. Eugene, B. (2011). A Practical Guide for Policy Analysis: The Eightfold Path to More Effective Problem Solving. New York: CQ Press College. Fenna, A. (2015). The Economic Context of Policy Analysis in Australia. Policy Analysis in Australia, 6, 37. Fischer, F. (2012). The argumentative turn revisited: Public policy as communicative practice. Durham: Duke University Press. Hale, A., Borys, D., Adams, M. (2015). Safety regulation: The lessons of workplace safety rule management for managing the regulatory burden. Safety science, 71, 112-122. Head, B. W., Alford, J. (2015). Wicked Problems Implications for Public Policy and Management. Administration Society, 47(6), 711-739. Jolley, G., Freeman, T., Baum, F., Hurley, C., Lawless, A., Bentley, M., Sanders, D. (2014). Health policy in South Australia 200310: primary health care workforce perceptions of the impact of policy change on health promotion. Health Promotion Journal of Australia, 25(2), 116-124. Kirkman, L., Kenny, A., Fox, C. (2013). Evidence of absence: Midlife and older adult sexual health policy in Australia. Sexuality Research and Social Policy, 10(2), 135-148. Kitson, A., Marshall, A., Bassett, K., Zeitz, K. (2013). What are the core elements of patient?centred care? A narrative review and synthesis of the literature from health policy, medicine and nursing. Journal of advanced nursing, 69(1), 4-15. Votano, S., Sunindijo, R. Y. (2014). Client safety roles in small and medium construction projects in Australia. Journal of Construction Engineering and Management, 140(9), 04014045.