The Impact Of Employee Involvement And Participation On Organization Performance

Abstract The following research paper seeks to explore the correlation between employee involvement in decision-making processes within the organization and organization’s performance. The main focus remains to evaluate the existing academic literature to demonstrate evidence that employee involvement and participation initiatives produce tangible advantages for organizations. Hence, the research considers theoretical approaches towards the impact of employee participation on organization’s performance and examines empirical studies conducted on the subject stated above. The results of the following study are mixed. While chosen empirical cases show that direct forms of employee participation contribute to improved organization’s performance, such evidences have not been observed in reference to representative form of employee involvement. Introduction Over the past decades work reforms were implemented in order to guarantee humanistic patterns of work and to improve the quality of working life. As the global business environment started to become more competitive in the 1980s, major focus shifted towards the productivity and economic performance of the organizations. The organizations sought new avenues to gain competitive advantages over rival companies. According to the studies conducted in the 1980s by Gallup Organization, employees engaged in the company’s decision-making were more productive, customer-focused, profitable and more willing to stay and develop within the organization (Dicke, 2006). Hence, human capital started to be perceived as the company’s most important asset (Belanger, 2000). Currently a range of organizations including corporations, government agencies, schools and other non-profit organizations believe that employee involvement and participation are crucial to the good economic performance ( Boxal & Purcell 2011). Employee participation contributes to the organization’s efficiency in two ways. First, it increases employee’s productivity. Second, it increases the company’s capacity to react quickly to changing business environment. Therefore, employee involvement as a part of Human Resources Management (HRM) practices became a subject of numerous academic researches over the last decades. The scholars from various fields in industrial relations developed various approaches and models in order to provide new evidences on the linkage between HRM and business performance (Gonzales, 2009). The following research project examines the impact of employee involvement and participation on organization’s performance. First, the project defines a term ‘employment involvement and participation’ and demonstrates two concepts of measuring employee involvement. Further, the project discusses theoretical developments on the linkage between employee participation and organization’s performance. Finally, the project analyses empirical evidences of such relationships. The empirical study include the cases of direct and representative forms of employee participation. Employee involvement – definition Employee involvement, called also worker’s participation can be perceived as â€Å"a variety of processes and structures which enable, and at times encourage employees to directly and indirectly contribute to and influence decision-making in the firm and in the wider society† (Gonzales, 2009, p.8). The following definition indicates that there are various activities through which the employees can influence decision-making processes within the company. Generally, employee involvement can have a direct or indirect form. Direct involvement means that employees have an immediate influence on the decision-making processes within the company. Typical forms of direct involvement are employee surveys, team briefings, autonomous working groups or suggestion schemes (rewards for meeting company’s goals). Indirect involvement (representative involvement) means that a specific group which represents all employees is involved in the decision-making processes within the comp any. Common forms of indirect involvement are board representations, work councils or task forces (Eurofund, 2009). In turn, Gonzales (2009) classified employee involvement into three groups. These are informative, consultative and delegative participation. Informative participation refers to downwards communication within the organization. Employees have been given information top-down about the organization and its competitors, their own department or their individual performance. Information sharing includes open communication processes as well as information disclosure. Consultative participation regards various schemes developed by the management team to gain opinion of its employees and can have a form of individual meetings, team briefings and employees’ surveys. Delegative participation concerns various programmes which give employees capacity to make decisions on a particular set of issues and includes the forms such as problem-solving groups and semi-autonomous gro ups. Finally, Forth and Millward (2001) demonstrated three types of practices in reference to employee participation. These forms are individual supports (i.e. extensive information disclosure or specific training); task practices (i.e. quality circles or team work) and organizational supports (i.e. job security or employee share ownership). A number of models measuring employee involvement and participation have been developed over the past decades. One of the most important seems to be a model presented by Marchington (2005). He identified four core aspects of employee participation within the company: The degree of involvement: – this indicates the extent of involvement to which employees, either directly or through their representatives, may exert some form of influence on management decisions. Scope: – the scope of management decisions that are open to influence by subordinate employees may differ depending on the subject matter and may range from trivial to strategic decisions. The level: – the level at which the subordinates may be involved in management decisions varies substantially and can range from departmental level, through to division and headquarter level. Forms of participation: – participation may be direct or indirect. Direct participation refers to the face-to-face involvement while, indirect participation occurs when workers are represented by trade unions in workers’ council or high-level consultation committees and through collective bargaining. Another interesting model has been developed by Cox et.al. (2006). This model identified two dimensions of employee involvement, breadth and depth. Breadth regards a number of various employee involvement’s practices and programmes implemented in a work place. Using diversified but complementary schemes of employee participation leads to stronger impact on the company through mutual reinforcement. It also indicates that the management team aims to maximise the profits of employee participation. In turn, depth concerns the quality of employee involvement’s practices within the company. This measure indicates how embedded the employee participation’s practices are within the company. Both breadth and depth are important as they are strongly linked with organizational commitment and job satisfaction (Hayman & Mason 1995). That is, if employees’ views are taken into consideration and acted upon by the management, then they are more likely to demonstrate their commitment to the organization and indicate their satisfaction with their work. A major weakness of this measure is that the embeddedness of employee participation within the organization has often been assessed through management eyes rather than by analysing employee views on employee participation. Employee participation and company’s performance – theoretical approach The idea of employee participation as a part of Human Resources Management practices has been researched by a number of scholars who underlined significant benefits of employee involvement schemes on the company’s performance. Kanter (1982) postulated that participatory character of the decision-making processes within the organization brings more positive outcomes than bureaucratic structure, as it involves knowledge sharing between workers and managers. Workers seem to be better informed than their managers with regard to the products and services, processes and work tasks, as they are directly involved in these activities. Hence, their views and suggestions might be very valuable in developing company’s strategy and achieving enhanced performance. In turn, Lawler (1990) listed a number of various benefits of employee involvement within the company. He pointed out that employee participation leads to more efficient and innovative methods and procedures in a workplace and improves communication within the organization (between managers and workers as well as across work departments). Greater employee involvement results in higher job satisfaction and lower staff turnovers. Further, as employee participation concerns training and team work, it also leads to greater staff flexibility and higher job motivation. Additionally, high work motivation and better work methods determine increased rate of outputs and hence, contribute to the better quality of the products and services offered by the company. Finally, better communication and improved worker-management relations reduce a number of disputes and conflicts within the organization and help to resolve existing conflicts in the most effective way. All these factors contribute to i mproved performance of the organization. It is also important to add that Lawler identified various negative consequences associated with employee involvement. One of them are expectations created amongst the employees. These expectations usually concern organizational changes, personal self-development and career advancement opportunities. If the organization fails to meet these expectations, it will lead to dissatisfaction amongst workers. Employee participation causes also additional costs. Developing new skills is associated with additional costly trainings. In turn, accepting new responsibilities by the employee automatically requires an increased in salary of such an employee. Participatory character of decision-making is also slower than traditional style of leadership as it involves a significant number of people that have to accept the decision (Lawler, 1990). Markowitz (1996) underlines higher morale of the employees and their greater commitment to performed job as a consequence of increased participation in the decision-making processes. As employees have a decision-making power, they fulfill their duties more accurately. Higher productivity of the employees contributes to higher profits of the organization and greater stability within the industry (Jones, 2006). More recently, the effects of employee involvement were analysed by Appelbaum et.al (2000). Similarly like Lawler, the researchers emphasized the importance of information on the production (service) processes possessed by employees. The organization should aim to gain such knowledge from its employees in order to stay profitable. However, three conditions have to be met by the company to gain such knowledge. Employees need to be involved in substantive decisions. They are required to have specific skills and they need to be given appropriate work incentives. This approach indicated that employees cannot provide valuable information to the organization’s management if these conditions are not met. Additionally, employees are not willing to provide such information if they are not given appropriate incentives. Hence, this approach underlines the important of coherent and accurate HRM practices within the company (Jones, et.al., 2006). Grimsrud and Kvinge (2010) postulate that employee participation is associated with the features such as responsibility, control rights, rights on revenue and risk taking. The companies are characterized by the areas of joint interests of employers and employees as well as by the areas where the conflicting interests appear. In particular, the author focuses on two conflict areas. These are principle-agent problem and free-rider problem. Principle-agent issue concerns different approach of the organization (owners and management team) and employees towards the inputs of work and distribution of created outputs. While the organization aims to achieve higher labour productivity and higher value added and keep fixed salaries at the same time, employees intend to share higher profits. Free rider issue refers to the situation when the organization cannot monitor individual contribution of its employees to the organization’s development and hence, individual rewards of employees dep end on joint efforts. Hence, the organization tends to implement practices that will improve the productivity of employees, while employees seek to take advantage of such situation and gain additional benefits (i.e. higher return rights) in exchange of improved productivity. Employee participation and company’s performance – empirical evidences A number of scholars sought empirical evidences of the positive correlation between employee participation and organization’s performance. Some scholars based their analysis on the examples of a single organization (i.e. Jones, 2006) or selected industry (i.e. Sesil, 1999), while others examined the various businesses across the country (i.e. Guerrero and Barraud-Didier). Some researchers decided on a wider cross-country study (i.e. Gonzales, 2009; Grimsrud and Kvinge, 2010). Due to the scope of the following project, only key findings of selected empirical researches will be presented. At the individual company level, Bartel (2004) conducted research on HRM practices amongst the branches of large bank. He proved that recognition system and performance feedback were of key significance for employees of this bank. Implementing these particular HRM practices contributed to the increasd sales of loans (Gonzales, 2009). In turn, Jones et.al. (2006) examined the influence of innovative HRM practices on performance of a Finnish company in the retail services sector. They proved that employees who have been given opportunities to participate in decision-making process within the company, to receive solid information and to gain rewards were willing to increase their productivity. It is crucial to note that these HRM practices were implemented in settings where employee were characterized by low skills and were assigned relatively simple tasks. At the industry level, Sesil (1999) analysed the impact of employee participation and group incentives on the company’s performance in high technology industry in the UK. The research included 118 companies, primarily in electronics and engineering and concerned various aspects of employee participation such as quality involvement, presence of union, multi-skilling of employees, communication between employees and management, strategic planning and establishment plan. Additionally, the researcher examined the bonuses for employee as a form of group incentives. The research revealed that bonuses, quality involvement and multi-skilling had large positive effects on company’s outcomes, while other variables showed no impact on performance. Hence, these results indicated that there is strong correlation employee participation and the company’s performance. This effect is even stronger if the employee involvement is combined with group incentives. At the country level, Guerrero and Barraud-Didier (2004) focused on high-involvement practices and their impact on French firms. The research was based on the questionnaire conducted amongst 180 large companies in France. 57% of these companies originated in the industrial sector, while remaining 43% – in the services sector. The study concerned four major HRM practices, namely empowerment, compensation, communication as well as training and skills development. The following study revealed that empowerment was a key determinant of improved company’s performance, while communication and training had a minor effect on organizational results. In turn, compensation showed no influence on company’s outputs. The following study underlined that the company should ensure enriched and challenging activities in order to manage employee participation. Further, the study postulated that the companies should promote open communication and power sharing amongst management and employees in order to develop participatory style of leadership as this style contributes to better HRM within the company and improved company’s performance. In the cross-country context, Grimsrud and Kvinge (2010) conducted research on the economic impact of representative participation in eight countries[1]. The research took form of perception studies which means that â€Å"the respondents are asked to indicate whether different participation initiatives are believed to have an impact on different output measure† (Grimsrud and Kvinge, 2010, p. 149) and investigated various forms of representative participation such as work councils, trade unions or joint management – union committees. The following study showed very mixed results. Most of the analysis demonstrated that there was no correlation between employee participation and company’s productivity or such correlation was negative, while only several studies reported small positive productivity gains of employee participation. For instance, the study conducted on work councils amongst the German companies revealed that these councils had a positive impact on labo ur productivity while they influenced negatively company’s profitability. Similarly, the analysis of the Japanese companies showed a positive correlation between trade unions and labour productivity and negative correlation between trade unions and company’s benefits. Finally, the research amongst the British companies demonstrated that trade unions had a negative impact on productivity growth as well as on climate of relations between managers and employees at the workplace. Conclusions To sum up employee participation became a subject of theoretical debate and empirical analysis amongst the scholars. A number of researchers underlined positive correlation between employee involvement and organization’s performance. Precisely, employee participation (either direct or indirect) brings a valuable knowledge of products and services delivered by the organization and hence, contribute to the organization’s performance. Additionally, employee participation leads to higher job satisfaction and increased labour productivity as well as to lower staff rotation. These factors also determine organization’s success. On the other hand, some scholars stress various conflict areas within an organization (principle-agent issue; free rider problem) that might have a negative influence on the organization’s outputs. Three empirical cases presented in the following paper revealed that direct employee involvement in decision-making processes within an organization contributed to its better performance. Employee empowerment and information sharing as well as financial rewards seemed to be mainly responsible for this improved performance. Employees must thus be sought for ideas on how organizational performance and quality of product or service can be improved. There is the need for management to ensure existence of employment participation programmes and initiatives that contribute to employee involvement in decision-making processes. Not only should the emphasis be placed on the existence of such initiatives but also on the embeddedness of such initiatives within the organization. The evidence on strong correlation between employee participation and organization’s performance has not been found in reference to indirect forms of employee involvement. Although the following paper examined only one case of representative participation, this case included analysis across various countries and industries. This study revealed that employee participation had only minor positive impact on labour productivity while no effects (or negative effects) on overall company’s performance have been observed. Reference Belanger, J. (2000). The influence of employee involvement on productivity: a review of research. Hull: Human Resources Development Canada. Boxall, P. and J. Purcell (2011). Strategy and Human Resource Management. Basingstoke: Macmillan. Cox, A., S. Zagelmeyer and M. Marchington (2006). â€Å"Embedding employee involvement and participation at work†. In: Human Resource Management Journal, 16 (3), pp.250–267. Dicke, C. (2006). Employee engagement and change management. New York: CAHRS. Eurofund, (2009). Employee involvement [online] Available from: (Accessed on 14.05.2012). Forth, J. and Millward, N. (2001). â€Å"The impact of unions on pay levels in lower-skilled jobs†. National Institute Economic Review. 176, pp. 76-90. Gonzales, M. (2009). Worker’s involvement at the workplace and job quality in Europe. Edinburgh: RECWOWE Publications. Grimsrud, B, and Kvinge, T. (2010). Productivity Puzzles – should employee participation be an issueNordic Journal of Political Economy, 36, pp. 139-167. Guerro, S. and Barraud-Didier, V. (2004). High-involvement practices and performance f French firms. International Journal of Human Resources Management. 15(8). pp.1408-1423. Hyman, J & B. Mason (1995). Managing Employee Involvement and Participation. London: Sage. Jones, D., Kalmi, P. and Kauhanen, A. (2006). How does employee involvement stack upThe effects of Human Resources Management policies on performance in retail firm. New York: Cornell University ILR School. Kanter, R. (1982). Dilemma of Managing Participation. Organizational Dynamics. (summer). pp. 5-27. Lawler, E. (1990). High Involvement Management. Participative Strategies for Improving Organizational Performance. San Francisco: Jossey-Bass Publishers. Marchington, M. (2005). ‘Employee involvement: Patterns and explanations’. In: (ed.) Harley, B., J. Hyman and P. Thompson Participation and democracy at work. Basingstoke: Palgrave Macmillan. Sesil, J. (1999). The impact of employee involvement and group incentives on performance in UK high technology establishments. New Jersey: School of Management and Labour Relations.

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You Are an Investment Analyst Essay History â€Å"Brad’s drink† was created in the summer of 1893 by pharmacist Caleb Bradham of New Bern, North Carolina. The drink was renamed Pepsi Cola in 1898, after pepsin and cola nuts were used in the recipe. Also in 1898, Caleb Bradham wisely bought the trade name Pep Cola for $100 from a competitor from Newark, New Jersey that had gone broke. The new name was trademarked on June 16th, 1903. Bradhams neighbor, an artist designed the first Pepsi logo and ninety-seven shares of stock for Bradhams new company were issued (Bellis, 2012). After seventeen years of success, Caleb Bradham lost Pepsi Cola. He had gambled on the fluctuations of sugar prices during W.W.I, believing that sugar prices would continue to rise but they fell instead leaving Caleb Bradham with an overpriced sugar inventory. Pepsi Cola went bankrupt in 1923. In 1931, Pepsi Cola was bought by the Loft Candy Company Loft president, Charles G. Guth who reformulated the popular soft drink. Guth struggled to make a success of Pepsi and even offered to sell Pepsi to the Coca-Cola company, who refused to offer a bid (Bellis, 2012). In May, 1886, Coca Cola was invented by Doctor John Pemberton a pharmacist from Atlanta, Georgia. The soft drink was first sold to the public at the soda fountain in Jacob’s Pharmacy in Atlanta on May 8, 1886. About nine servings of the soft drink were sold each day. Sales for that first year added up to a total of about $50. The funny thing was that it cost John Pemberton over $70 in expanses, so the first year of sales were a loss (Bellis, 2012). In 1887, another Atlanta pharmacist and businessman, Asa Candler bought the formula for Coca Cola from inventor John Pemberton for $2,300. By the late 1890s, Coca Cola was one of America’s most popular fountain drinks, largely due to Candler’s aggressive marketing of the product. With Asa Candler, now at the helm, the Coca Cola Company increased syrup sales by over 4000% between 1890 and 1900. Until the 1960s, both small town and big city dwellers enjoyed carbonated beverages at the local soda fountain or ice cream saloon. Often housed in the drug store, the soda fountain counter served as a meeting place for people of all ages. Often combined with lunch counters, the soda fountain declined in popularity as commercial ice cream, bottled soft drinks, and fast food restaurants became popular (Bellis, 2012). Products and Services PepsiCo is a global food and beverage leader with a diverse product portfolio that includes 22 brands that each generate more than $1 billion each in annual retail sales. Pepsi-Cola North America is the refreshment beverage unit of PepsiCo, Inc., in the United States and Canada. Its U.S. brands include Pepsi, Mountain Dew, Sierra Mist, SoBe, AMP Energy, IZZE, Naked Juice, Propel, Mug, and Aquafina, among others. The company also makes and markets North America’s best-selling ready-to-drink iced teas and coffees, respectively, via joint ventures with Lipton and Starbucks (PepsiCo, 2012). Frito-Lay North America is the $13 billion convenient foods business unit of PepsiCo. For more than 75 years, Frito Lay has enjoyed growing the best snacks on earth starting with simple, farm-grown ingredients. To continue growing the best snacks on earth, they are working to reduce their impact on the environment by improving how they make their snacks. Frito-Lay is also dedicated to giving consumers a wider range of healthier choices. They offer great-tasting chips with less fat through their Baked! Line and snacks made only from natural ingredients, which contain no artificial colors, flavors or preservatives with their Natural line. All of their snack chips contain 0 grams of trans fat (PepsiCo, 2012). Tropicana Products, Inc., a division of PepsiCo, Inc., is the leading producer and marketer of branded fruit juices. Tropicana markets its products in the U.S. under a variety of brand names, including the Tropicana not-from-concentrate line of juices: Dole ® juices and juice blends; Tropicana ® Juices, Trop50 and Tropicana Twister ® juice beverages. The Dole brand name is licensed from Dole Food Company, Inc. (PepsiCo, 2012). Quaker brands have been around for over a century. They are symbols of quality, great taste, and nutrition. Holding No.1 positions in their respective categories are favorites such as Quaker Oats, Quake r Rice Cakes, Chewy Granola Bars and Rice-A-Roni ®. With its Aunt Jemima ® brand, Quaker is also a leading manufacturer of pancake syrups and mixes. It is among the four largest manufacturers of cold cereals with popular brands like Cap’n Crunch ® and Life ® (PepsiCo, 2012). Available in more than 80 countries, Gatorade’s line of performance drinks adds over 45 years of rehydration and sports nutrition research to the PepsiCo portfolio. In early summer of 1965, a University of Florida assistant football coach sat down with a team of university physicians and asked them to determine why so many of his players were being affected by heat and heat-related illnesses. The researchers Dr. Robert Cade, Dr. Dana Shires, Dr. H. James Free and Dr. Alejandro de Quesada soon discovered two key factors that were causing the Gator players to â€Å"wilt†: the fluids and electrolytes the players lost through sweat were not being replaced, and the large amounts of carbohydrates the players’ bodies used for energy were not being replenished (PepsiCo, 2012). The researchers then took their findings into the lab, and scientifically formulated a new, precisely balanced carbohydrate-electrolyte beverage that would adequately replace the key components lost by Gator players through sweating and exercise. They called their concoction â€Å"Gatorade.† After years of careful research by the staff at GSSI into the needs of athletes engaged in high-demand training and competition, Gatorade launched the Gatorade Performance Series, an elite line of sports nutrition products, in 2001. These products include Gatorade Energy Drink, Gatorade Energy Bar, and the Gatorade Nutrition Shake (PepsiCo, 2012). Four years later, after studying endurance athletes, GSSI developed the Gatorade Endurance Formula. Featuring a higher concentration of sodium the key electrolyte found in Original Thirst Quencher and four other electrolytes lost in sweat, Gatorade Endurance Formula became a mainstay on racetracks the world over (PepsiCo, 2012). The Coca-Cola Company is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led by Coca-Cola, the world’s most valuable brand, our Company’s portfolio features 15 billion dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world’s largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of 1.8 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world’s top 10 private employers with more than 700,000 system employees (Coca-Cola Journey, 2012 ). Major Customers PepsiCo is proud to offer consumers a wide range of products that deliver great taste, nutritional value, convenience and affordability. They’re committed to playing a responsible role in health and wellness by encouraging consumers to adopt healthy lifestyles, beginning with offering consumers a choice of a wide variety of products. PepsiCo is always finding innovative ways to reduce the use of energy, water and packaging, and to better serve consumer wants and needs through new products and packaging. Through continuously expand their distribution network to make their enjoyable products more widely available. PepsiCo works relentlessly to improve productivity so they can offer affordable products to a broad range of consumers (PepsiCo, 2012). Coca-Cola system is a global business that operates on a local scale, in every community where we do business. Coca-Cola is able to create global reach with local focus because of the strength of the Coca-Cola system, which comprises our Company and our nearly 300 bottling partners worldwide (Coca-Cola Journey, 2012 ). While many view our Company as simply â€Å"Coca-Cola,† our system operates through multiple local channels. Our Company manufactures and sells concentrates, beverage bases and syrups to bottling operations, owns the brands and is responsible for consumer brand marketing initiatives. Our bottling partners manufacture, package, merchandise and distribute the final branded beverages to our customers and vending partners, who then sell our products to consumers (Coca-Cola Journey, 2012 ). Major Suppliers Since 2007, PepsiCo has employed a Supplier Code of Conduct (ScoC) globally. The PepsiCo Supplier Code of Conduct communicates our global expectations in the areas of labor practices, associate health and safety, environmental management and business integrity (PepsiCo, 2012). Our Supplier Code is based on the International Labor Organization, United Nations Global Compact and other internationally recognized standards. The ScoC includes 13 standards that require suppliers to adhere to the following: basic compliance with local law, respect for human rights and prohibiting all forms of forced or compulsory labor, ensuring no child labor is used, and cooperating with reasonable assessment processes requested by PepsiCo. The ScoC is communicated in 19 languages, and is mandatory in procurement contracts globally (PepsiCo, 2012). Our suppliers and business partners are vital to our continued success. They help us refresh the world, more than 1.7 billion times every day, by delivering necessary products and services for our business (Coca-Cola Journey, 2012 ). Having a sound, stable and ethical supply base is important for our growth and the footprint we leave in local communities around the world. Our suppliers provide our system with materials, including ingredients, packaging and machinery, as well as goods and services. As a company, we have a responsibility to hold our direct suppliers and bottling partners to standards no less than those required by applicable law. We also have an opportunity to support community development by purchasing goods and services from minority- and women-owned business enterprises (MWBEs) (Coca-Cola Journey, 2012 ). Our suppliers are expected, at a minimum, to conduct business in an ethical manner and comply with all applicable laws and regulations. Our Supplier Guiding Principles (SGPs) communicate our values and expectations for our bottling partners and business partners. The SGPs are a part of all supplier agreements, and a pre-certification practice is in place for trademark marketing suppliers. Suppliers also are provided training and assistance programs on an as-needed basis for areas where they need to improve their operations (Coca-Cola Journey, 2012 ). Leadership In 2010, PepsiCo created the Global Sustainability team, whose role is to develop, implement and enforce standards to ensure consistency and quality in our sustainability reporting and ultimately accelerate our Performance with Purpose mission (PepsiCo, 2012). More specifically, an overall governance structure has been defined and implemented. This includes the creation of the Sustainability Steering Committee (SSC), made up of the most senior members of the organization (the majority report directly to our CEO), as well as the establishment of Sustainability Leadership Teams across all four planks, based on defined roles and selection criteria, and guided by PepsiCo’s Public Policy Coordinating Group (PepsiCo, 2012). The Performance Sustainability Leadership Team (PSLT), Human Sustainability Leadership Team (HSLT), Environmental Sustainability Leadership Team (ESLT) and Talent Sustainability Leadership Team (TSLT) are responsible for creating our overall strategy, driving implementation and identifying issues/risks, which are then communicated to the Sustainability Steering Committee (PepsiCo, 2012). Since our first soda fountain sales in 1886, we have been a driver of marketplace innovation and an investor in local economies. Today we lead the beverage industry with more than 500 beverage brands – including four of the world’s top-five sparkling brands. But while our business opportunities are enormous, our commitment to our consumers and the communities in which we operate is even greater (Coca-Cola Journey, 2012 ). Muhtar Kent, our Chairman of the Board and Chief Executive Officer, leads us into the new century with a firm commitment to the values and spirit of the world’s greatest brand. In our journey to become a sustainable, profitable growth company, our management structure has evolved to sharpen external focus on the marketplace with greater speed, productivity and effectiveness (Coca-Cola Journey, 2012 ). Initial Public Offering An initial public offering yesterday by Pepsi Bottling Group Inc. provided a stark contrast to the pyrotechnics of recent Internet offerings. In a spinoff from its parent company, PepsiCo Inc., Pepsi Bottling sold 100 million shares at $23 each, for a total of $2.3 billion, which will be used to pay off debt. The initial offering price was settled at the low end of the estimated range of $23 to $26, an indication that prepricing demand was less than the company had anticipated. The stock closed at $21.6875 on the New York Stock Exchange. Analysts were quick to distinguish Pepsi Bottling Group’s offering from the string of highly successful recent Internet deals, whose phenomenal openings have conditioned investors into expecting huge first-day gains (Pepsi Spinoff in Lackluster Stock Offering, 1999). Initial public offering involves the first or initial sale of the corporation’s common shares to the public in the hope of raising additional revenues for the corporation. If you will apply in on the case of Coca Cola, the worldwide manufacturing and distribution of their carbonated drink products is the result of their IPO, which happened in 1919. A single share of Coca Cola is worth $40 dollars, yet the market value of their shares suddenly crashed to $19 per common share in 1920 (when they have undergone a secondary market offering). Despite of such crash in the market value of their common shares, Coca Cola managed to survive and extend operations to different regions around the world, particularly within the Asian and European regions. Different corporate entities later on affiliated with Coca Cola to further boost their revenue generation capabilities (Interesting Initial Public Offering of the Coca Cola Company and Its Worldwide Affiliate Units, 2010).

Creating Tourism Uniqueness To Hua Hin Tourism Essay

Creating Tourism Uniqueness To Hua Hin Tourism Essay Assignment Details: how a specific destination can conduct market research to develop a new brand for itself. Consideration the subjects of market segmentation and product differentiation strategies. Based on your discussion, you can provide suggestions about what this destination business should do in order to develop a product. Please use proper referencing. Following questions should be answered: Give a short account of the history of the destination. State its mission, vision and major goals. Analyze challenges and developments in relation to its marketing. Situation Analysis Competitive analysis Customer analysis SWOT analysis Destinations marketing strategies. Recommendations for this destination to pursue in the future. History of Hua Hin Hua Hin is one of the most well-known tourist destinations for decades, and currently, the island has been transformed to a major tourism hub with the well-prepared infrastructure and services to accommodate millions of tourists around the world every year. Hua Hin now can provide highest standards of wellness care, blended with Thai hospitality. The ingredient of world-class wellness service with the charming warm hospitality makes Hua Hin the favorable health wellness destination of the world. There is more to Hua Hin than its white sandy beaches, fantastic bargain shopping, water and land sport activities and entertainment. Furthermore, Thailand is one of leading tourism destinations for decades. Many cities have been transformed to a major tourism hub with well-prepared infrastructure and service to accommodate tourists around the world every year. With the number of tourists has been increasing every year, tourism related infrastructures have been developed. One of the infrastructures we really put our effort to medical infrastructure, originally to ensure all of the tourists for any emergency health incidents during their holidays. Thailand is leading Asia as a medical tourism destination. Major reasons that enabled Thailand to dominate this growing market are the low cost of medical treatments, the quality of treatments provided by hospitals and private clinics, and the highly developed tourism industry. As the population in the potential tourists searching for better life continues to grow, the demand for health and wellness trips tend to increase. Health and wellness tourism represents the recent trend to converge two of the worlds largest industries, healthcare and tourism. Hua Hin has been acknowledged as the healthiest city in Thailand. The combination of health tourism hub is between beautiful and natural tourism destination, with the international standard of healthcare perspectives. It has no doubt on the beauty of Phuket Island, together with various supporting factors; pristine beaches, delicious Thai seafood, varieties of entertainment, fun shopping and tropical luxurious spa. Those combinations have made Phuket to the outstanding tourism destination in world map. Location Hua Hin is a coastal town in Prachuab Kirikhan Province, 200 kilometers south of Bangkok. It can easily be reached by car. Hua Hin has an airport which links the seaside resort by daily flights to Bangkok, Phuket and Samui. Regular buses leave Bangkoks Southern Bus Terminal for Hua Hin and Prachuap Khiri Khan many times daily. Trains leave Bangkok Central Railway Station for Hua Hin 12 times daily. Climate Hua Hin is located in the hot zone, but refreshed by a cooling sea breeze. The average temperature is 24C to 32C. It has one of the lowest rainfalls of any beach area in Thailand. Therefore, tourists can visit the town all year round. Due to the excellent weather and climate, there are a large number of the retire staying permanently there. One of facilities plays important roles to non-residents and local people is the medical and health services. Vision Hua Hin is a world source of health tourism. It will be broadly recognized as a magic place to healing and become the destination of choice for visitors whose primary intention is to enjoy health and wellness experiences. Its products and services will be delivered with a world class standard to fulfill customer needs. Mission Statement Hua hin welcomes all local and international visitors with top class of health and wellness facilities which are rare to find elsewhere. Unique identity of historical city together with natural resource and splendid long beach are attractive and draw health seekers from around the world and known as the best of destination for wellness. Objectives To create tourism uniqueness to Hua hin. Strengthen Hua hin reputation in term of wellness and health destination. Increase standard of hotel and resort in Hua hin to average of 4 stars in 5 years of implementation. Create commitment of city owner to local people and educate the sustainable benefit of following destination strategic marketing. Situation Analysis Market analysis Growth rates within the health and wellness tourism market are significance. Based on research, the global market size of health and wellness tourism is estimated at 5 million trips annually. As the population in the potential tourists searching for better life continues to grow, the demand for health and wellness trips will increase. However, even though in Thailand, wellness tourism is just in an early phase of growth, it is growing. The promise of low-cost, high quality healthcare is attracting more than tourists a year to key locations. Based on Bangkok Post 2004 Mid-Year Review, a health and wellness tourist spends an average of USD 362 a day, compared with the average travelers spending of USD 144 and 50 % cheaper than in Singapore, three times cheaper than in Hong Kong, and five to ten times cheaper than in Europe and the USA. Competitor Analysis Domestic Competitive Environment Phuket has been discovered only recently as one of the most well-known tourist destinations and has undergone rapid. Strength: with the investment of international healthcare facilities, Phuket now can provide highest standards of wellness and medical care, blended with Thai hospitality. The ingredient of world-class healthcare service with the charming and warm hospitality makes Phuket the favorable health and wellness destination of the world. There is more to Phuket than its white sandy beaches, fantastic bargain shopping, water and land sport activities and entertainment. Phukets hospitals provide patients with access of highly qualified medical personal. We emphasize that such international accreditation is the key successful factors and is a guarantee of our commitment for best medical services. The rapid changes of our planet today bring us to more challenging era. The world has been changed, both in positive and negative ways, and the most worried development to our mankind is the development of the sickness. In another word, may I say, sickness has no barriers, anyone living in anywhere in this world would have chance to experience any kind of sickness or diseases. And most of the time, sickness can be cured only for the permission time. With this believe, Phuket is the best place for medical treatment, as we possess the edge when it comes to the availability of services. And you will found that there is no queue or much waiting time for medical treatment in Phuket. International Competitive Environment Many countries now actively market themselves as health and wellness destinations. This further expansion of health and wellness tourism has positively impacted incoming tourist receipts by boosting average spend per visitor and reversed the general trend towards shorter, more frequent breaks. It has also provided an element of stability to the travel and tourism market, as activities are generally in-door thus avoiding the problems and fluctuations of seasonality. Source Market Region General Competitive Environment Competitive Strengths India Long history of wellness from folk know-how, such as Yoga, Ayurveda and Unani. Fast-paced life style increases demand for wellness tourism and alternative cures. Diversity of tourism destinations and experiences. Unique experience in heritage place and hotel. A very wide variety of hotels is present in the country that can fulfill the demand of the tourists. There are international players in the market such as Taj and Oberoi International Chains. Thus, the needs of the international tourist travelers are met while they are on a visit to India. India offers a readymade tourist destination with the resources it has. Thus the magnet to pull customers already exists and has potential grow. Quality and Range of Services. Affordable costs. Singapore Strengths as a tourist destination. Singapores land use planning, zoning controls and environmental regulations in destination management. Innovation, ICT and Singapores business sophistication factors. Implementation of the VICE model by Singapore to maintain sustainable tourism (Visitor, Industry, Community, Environmental). Achieving international-standard training and acquiring improved Knowledge skills in the hospitality tourism industry, to strengthen Singapores position as a top Human Capital Excellence destination. The significance of Singapores destination brand values. Partnering of tourism and hospitality industries to support Singapores tourism development. Partnering of tourism and hospitality industries to support Singapores tourism development. Source: http://www.gourkanjilal.com/tourism-s-w-o-t-analysis-india/index.htm, 31 Aug 2010 Conference on Tourism in India Challenges Ahead, 15-17 May 2008, IIMK http://discoversvg.com/index.php/en/home/latest-news/425-competitive-tourism-destination-lessons-learnt-from-singapore India India is one of the worlds oldest civilizations, which is mysterious to tourists. It is considered a land of contrast of ancient farming and agricultural techniques in one area to bustling, cosmopolitan cities in another. While much of the country is poorly developed, a medical tourist can rest assured that their hospital and, for a price, their hotel will be extremely modern and pristine. Venturing beyond these, however, a traveler is virtually guaranteed to suffer from diarrhea and intestinal parasites are common even for cautious eaters. Likewise, the odds of contracting a serious disease are low, however several additional vaccinations are strongly recommended that are not necessary in the other hubs. India is positioning itself as a primary global destination for the most-complex medical procedures, and is committed to delivering these services by obtaining US Joint Commission International Accreditation to help in increasing US market share. India deals with a higher proportion of major surgery tourists than minor surgery and check-up tourists than the other major hubs, which has given rise to specialist hospitals across India. It is the cheapest destination. Most estimates claim treatment costs in India start at around a tenth of the price of comparable treatment in America or Britain. These hospitals are far out of the reach of most Indians and cater specifically to foreign tourists for very specific needs for example some centers will focus strongly on heart surgery while others will deal with joint replacements. These specialist hospitals are very new with top rate medical teams, high volume and experience in their specialty and the best equipment available. High volume of heart surgeries does not translate into high volumes overall, however, and these hospitals rely heavily on agents, especially on the internet, to recruit prospective patients. These facilities also offer procedures that are rare or unavailable in the United States, such as hip polishing or resurfacing, which is a popular surgery for medical tourists. The most popular treatments sought in India by medical tourists are alternative medicine, bone-marrow transplant, cardiac bypass surgery, eye surgery and orthopedic surgery. India is known in particular for heart surgery, hip resurfacing and other areas of advanced medicine. The south Indian city of Chennai has been declared Indias Health Capital, as it nets in 45% of health tourists from abroad and 30-40% of domestic health tourists.[77] Other major cities where medical tourists are catered to include New Delhi and Mangalore. By 2015, Indias medical tourism sector is expected to experience an annual growth rate of 30%. Estimates of the value of medical tourism to India go as high as $2 billion a year by 2012. Advantages for medical tourists include reduced costs, the availability of latest medical technologies and a growing compliance on international quality standards, as well as the fact that foreigners are likely to face a language barrier in India. The Indian government is taking steps to address infrastructure issues that hinder the countrys growth in medical tourism. Ministry of Tourism India (MoT) is planning to extend its Market Development Assistance (MDA) scheme to cover Joint Commission International (JCI) and National Accreditation Board of Hospitals (NABH) certified hospitals. A policy announcement of this effect is likely soon. However, tourism in India can be impressive and at the same time quite uncomfortable. Its infrastructure is very poor. Although excellent hotels and western restaurants are available, they are extremely expensive. India has magnificent sights to see, however, from Hindu shrines to Islamic monuments and palaces and a vibrant modern culture. Conclusion: India is a good choice for major surgery, but it is necessary to make sure you are going to a hospital with a strong track record in your particular condition. Tourism options after treatment are not as comfortable as the other hubs but are among the most interesting. Singapore Singapore has a world-renowned and well-established healthcare and medical system. Based on the WTO (2007) Singapore was voted the Best Medical/Wellness Tourism Destination by TravelWeekly (Asia) Industry Awards 2007. There are a dozen hospitals and health centers with JCI accreditation.[91] In 1997 (published 2000), the World Health Organization ranked Singapores health care system sixth best in the world and the highest ranked system in Asia.[92] Patients from developed countries such as the United States and the UK are also beginning to choose Singapore as their medical travel destination for relatively affordable health care services in a clean cosmopolitan city. Pros The WHO ranked the quality of healthcare in Singapore as 6th in the world. Singapore is a highly urbanized, orderly and spotless country so medical tourists should not expect the same chaotic environment that are typical in other Asian destinations There are several JCI-certified hospitals and healthcare facilities in Singapore. English is one of Singapores official languages and is spoken by all doctors and medical staff Although the cost for medical procedures in Singapore is not as low compared to India or Thailand, the prices are still lower then Western Europe and the USA. Cons Medical procedures and treatments done in Singapore are more expensive compared to other Asian medical tourism destinations such as Thailand, India and Malaysia. The climate in Singapore is hot and humid, which may be uncomfortable to most westerners particularly during the post-procedure and recovery stages Prices of goods, transportation and accommodation in Singapore are relatively more expensive than other Asian countries For US and Canadian medical tourists, travel times to Singapore are very long 3.4 SWOT Analysis The following SWOT points have been identified based on secondary-qualitative research. Strengths Hua Hins current position as a desirable tourist Affordable cost Not far from Bangkok Low cost of wellness products and services with high quality Accessibility: by car, air shutter Reputation and Marketing Reputation Weaknesses Lack of consumer awareness Some doctors are employed part time Language and Culture Barrier Unskilled Workforce Opportunities Many factors have contributed to the increased public awareness of health and wellness. Higher rates of heart disease. Wellness tourism market is large and increasing. Tourism policies from government, tourism industry will be strategically supported from government. Provincial strategy group will create more obvious tourism development roadmap. The continued growth of the Thai economy, resulting in growth of domestic tourism and raise opportunities to local tourism development. Information technology and internet allow the distribution of travel information to be more convenient and faster. Global trend towards health conscious. Fund flow from local and foreign are key for development in tourist destination province like Hua Hin. Threats Travel understands how to package but healthcare facilities do not. Unstable political situation in Thailand. Global economic situation is difficult to expect, may impact spending of target market especially if problem occurred in target country. Speaking about medical factors, for the definition, which comes from the research in preparation stage, we have found that there are four factors to make destination ready for international medical services. Destination marketing strategies The experience of Hua Hin thus serves to illustrate factors that are critical to destination development, raising two pertinent questions: 1. What are the best models of tourism marketing that focus on total customer needs, wants and experiences, and which recognize the essential nature of fun, high quality and diversity of choices at the destination? 2. Is it necessary for a destination / country to have a marketing strategy for attracting tourism? If the destination aims to host tourists in a way that leads to economic growth while balancing the needs of the citizens, then a structured and coordinated approach, a marketing strategy is the optimal approach to achieving these goals. Recommendation The findings revealed several strengths of Hua Hin tourism in terms of destination marketing. These included: effective tourism organizations, continuing tourism product development, a unique variety of activities and culture, variety of accommodations and hospitality programs, thorough overseas market segmentation, targeting, and positioning activities. Stability of economic, politic and social in Thailand is major factor of developing through strategies. However, if current government can sustain itself in medium term and serious implement of tourism destination development, Hua Hin is one of the most potential to famous globally likes others destination in Thailand.

The Two Faces of Kim: An Investigation into Rudyard Kiplings Kim Essay

The Two Faces of Kim: An Investigation into Rudyard Kipling's Kim "I would go without shirts or shoes, Friends, tobacco or bread Sooner than for an instant lose Either side of my head." The Two-Sided Man (Kipling 179) To think of "the two-sided man" is to think of the self-searching protagonist of Rudyard Kipling's Kim. "Burned black" and yet white, Irish and yet 'Little Friend of All the World', British and yet native, ruler and yet servant, Kipling's multi-faceted Kim must find his place in the social order of a society that he resides in but is not truly connected to (51). Moreover, what he must also do is recognize that his two identities do not have to come together to form one; it may be more advantageous to keep the two separate from one another. Thus, his quest to find the "Red Bull on a green field" accomplishes two-fold: it allows Kim to find his identity and Kipling to convey his feelings on imperialist presence in India (49). It may be argued that Kipling chooses England over India, elevating the righteousness and appropriateness of British rule over the lowly and needy Indian nation. To say this, however, would be incorrect, for Kim also celebrates the beauty and exoticness of India, its native languages and culture, showing that as much as British customs are praised so too is the Indian way of life. Thus, the identity that Kim forges for himself does not value British over Indian ideologies or blend the two into one hybrid mixture. What he does do, instead, is hold each as a separate, equally important entity. To use the term 'postcolonial' in Kim would therefore suggest the need to develop British and Indian identities in a way that the distinct characteristics of each group are retained and yet equally r... ...oughout the contexts of the play, Kim has developed each persona independently, be it through schooling or his interactions with other characters, and done so successfully. The term 'postcolonial' then is indeed a suggestion of the need to maintain both identities in the face of a culturally fragmented society, where one identity is no more important than the other. If Kim were to be an actor in a play, he could masterfully take the stage of the British gentleman one night, and in the next performance, an Indian untouchable. It is this very ability to become English and then in another moment Indian that makes him such a successful spy. In the end, whatever the disguise, Kim's adventure along the Grand Trunk Road of Life and his chase of the 'Great Game,' as spying is called, does go on. Hopefully by doing so, Kim can one day answer his question - who really is Kim?

Night :: essays research papers

Night, by Elie Wiesel is an autobiography including the main characters Elie, his family, and all the victims of the holocaust. The main idea of this book is to get people to realize the pain and suffering of the Jewish people during the Holocaust. Because of cruel incidents, people’s emotions go numb. They had no lives. The Jewish prisoners went to any length to stay alive; lying, killing, and even betraying family. Jewish prisoners knew nothing about how to survive the deadly camp of Auschwitz. Most Jewish prisoners were thrown into ditches to burn if not the right age or if they looked too weak to work. Elie and his father lied about their ages to pass the first selection. By lying about their ages, they were viewed as more fit to work. The prisoners actually came to realize â€Å"Work is liberty† at Auschwitz. Lying became common among the Jews to pass selections. Rations of food were scarce, thus killing for crumbs were occurrences that happened daily. For instance, a son fought his father for bread. â€Å"Meir. Meir, my boy! Don’t you recognize me? I’m your father... you’re hurting me...you’re killing your father! I’ve got some bread...for you too...for you too....† This shows how the Holocaust made people genocidal. Feelings left their souls on the first day at camp, for when someone died no one cared. Family betraying family took place during marches to new camps. A boy and his father had to run as fast as they could for as long as possible until the S.S. soldiers said they could stop. The penalty would be death if a prisoner decided to slow down. A boy realized his father was weak and starting to slow down with him and instead of slowing down with him, the boy decided to run faster and leave his father for dead, for his own protection. Could you even imagine what the

Philosophy of Teaching Paper Essay

My philosophy of education encompasses three attributes that play a significant role in becoming an effective educator. The three qualities are as follows: creating an environment that is conducive to different types of learners, maintaining a respectful yet fun classroom setting, and using visual and creative teaching methods to sustain the hunger for knowledge in your classroom setting. An educator will remain successful if they possess these qualities in addition to enthusiasm and patience. It is the sole duty of the teacher to assess the different learning styles early and develop a plan of action. An effective educator should have the ability to foster the students’ confidence levels and monitor the teaching strategies that are unsuccessful. I find that relating math problems to real-life situations enables the students to grasp the material in a unique way. Other ways to address a class with different learning styles is to allow peer tutoring and demonstrate cooperative learning. Cooperative learning allows the students to learn the material as a group. This method is extremely useful because it stimulates discussion and creates an environment where mistakes and triumphs are shared. Peer tutoring is effective because it allows certain students to receive help in a smaller setting. This approach is preferred by most students because it allows them to work with another classmate on an individual basis. It is of equal importance that educators create an environment that is fun, yet respectable. Teachers should demonstrate a strict classroom management approach in the beginning and gradually encourage more smiles and laughter. This deviation from the norm reminds the students and teacher that a classroom can become a comfortable environment. However, this method can be altered at the teacher’s discretion. A relaxed classroom atmosphere gives the teacher an approachable disposition. With new-age technology on the rise, all educators must keep up with the times. Students are not responding well to teachers who remain stationary while facilitating a lesson. Educators are competing with cellular phones, IPods, MP3 players, and other technical devices. As a result, many instructors are changing their styles in order to appeal to the masses. This entails incorporating visual aids and creative presentations in the curriculum. The new advancements in technology allow the students to enjoy themselves and learn simultaneously. My philosophy of education also builds upon the theories of essentialism and progressivism. I am an advocate of essentialism because I believe that students should be taught based on a core curriculum that places emphasis on a core subject area. Students tend to gravitate towards structure and educators see better results. Additionally, students gain access to a plethora of knowledge when a core knowledge curriculum is introduced. For example, students should not be held accountable for mastery of basic mathematics skills. Students should also be taught about different mathematicians and the various theories that are associated with them. The core knowledge curriculum allows educators to push the envelope and encourage students to â€Å"think outside of the box†. Essentialism prohibits remediation and promotes the application of critical thinking skills. In defense of differentiated learning, I do applaud the progressivism theory. It is imperative that educators embrace the fact that the students learn differently. Hence, Dewey’s approach that states that education should be child-centered as opposed to subject-centered. Educators should be trained to practice the ability grouping strategy and create lesson plans that cater to all learning styles. We, as educators, should focus on the role as the facilitator in the classroom and encourage students to work independently while using us as a resource. All of the attributes listed above are a reflection of a new day and age. Classrooms with students learning at the same pace are long gone. The days are behind us when teachers were able to instruct from a podium for an entire period. We are in an era that proves that teaching directly from a textbook is not the best method. In conclusion, educators are accountable for ensuring that the students remain hungry by satisfying all of their educational needs.

Radiation Therapy

1. What concepts in the chapter are illustrated in this case? What ethical issues are raised by radiation technology? Basic concepts that are covered in this case are responsibility, accountability and liability. Ethical issues that are raised by radiation technology is when scientist is finding ways to use radiation therapy to destroy cancerous cells while making sure that healthy cells are not being harmed. An incident occurred where Mr. Jerome-Parks â€Å"experienced deafness and near-blindness, ulcers in his mouth and throat, persistent nausea, and severe pain. (Laudon, 2012, p. 131). Organizations did not take the time to properly train doctors and medical technicians therefore incidents like Jerome-Parks happens. The machines that are used to ‘cure’ patients are not being appropriately updated and watch carefully. In this case study we can see that the technicians are not being fully responsible and being careless, and doctors that are not getting the full trainin g for operating the machine. 2. What management, organization and technology factors that was responsible for the problems detailed in this case?The management, organization and technology factors were responsible for the problems detailed in this case because they failed to provide extensive training for doctors, technicians, and machine operations as well as insufficient staffs. They should have thought of creating a mandatory checklist for employees each time the machine was being used. The lack of knowledge on the machines, the lack of reporting these incidents for future references instead the doctors and technicians do not troubleshoot the problem unless it is serious and by that time the patient(s) is already injured.The machines were not well designed, there was software glitch and â€Å"the complexity of new Linear accelerator technology has not been accompanied by with appropriate updates in software† (Laudon, 2012, p. 132). 3. Do you feel that any of the groups inv olved with this issue (hospital administrators, technicians, medical equipment, and software manufacturers) should accept the majority of the blame for these incidents? I feel as if they are all responsible for this issue because if the medical equipment, software manufacturer and technicians were the first people who would be experiencing the machine.The software manufacturer designed the software so they should have known if there was any error that was missed during the trial and error stage. If there was they should’ve continued with more research until the software was nearly perfect because it is what operated the entire machine. The software was the main source of machine to operate because those software engineers were hired for a reason and they had responsibility in executing the errors and debugging them. This also would go on to the medical equipment and technicians because these technicians should already have knowledge on what is right and what is wrong.Technici ans are the one that tries out the machine at the hospital first they are the one that have the main knowledge on how these machines should be operating. All these three should be responsible for this issue since they are part in creating the machine and testing it out. 4. How would a central reporting agency that gathered data on radiation-related accidents help reduce the number of radiation therapy errors in the future? Having a central reporting agency that gathered data of radiation-related accidents could prevent future overdoses, misadministration, and deaths or near deaths.These data can train future and present doctors from doing these incidents, allows the agency to monitor the use of the machine and especially creates a safety environment. If these accidents were to occur more than once than the managers are the MIS could take in the machines for a more detailed examination, changing the policy and procedures. Also reporting the radiation therapy errors can used to teach future doctors, technicians, medical operators about it so they would not make the same mistake again. At the same time this can save many lives that was once put into danger due to the lack of knowledge, carelessness, and laziness. . If you were in charge of designing electronic software for a linear accelerator, what are some features you would include? Are there any features you would avoid? If I were in charge of designing electronic software for a linear accelerator some features I would include: a check list that is embedded within the machine ensuring that everything goes smoothly, a safety button which allows the machine to alert the doctor or technicians that something went wrong and will automatically shut down if the machine seems to malfunction that can do harm to a patient.Making sure that the software is doing its job in saving people’s lives, the software will go through multiple of examination until it is working at its potential. Every time the system seems t o malfunction it will be sent back to the manufacturing for fixing. I would avoid what happened to those patients that died because of the manufacturer’s error. Anything that was at fault will be avoided and things will be done properly and precisely to ensure every part of the machine is working. Work Cited Laudon, Kenneth and Laudon, Jane. (2012). Management Information Systems: Managing the digital film (5th ed. ). Pearson Education Canada.

Investment Banking Essay

1. Why were proponents of deregulation so successful in the late 1990s? How much can we blame deregulation for the meltdown in the investment banking industry, and how could the government have foreseen and/or stopped the domino effect before the crisis of 2008?s The gov could have decided to not back up what they were not regulating. They are partly to blame for the crisis because who knows if the banks would have issued the loans they issued and taken on huge amounts of risk if they didn’t have the guarantee of the banks behind them. 2. Could any one of the investment banks have remained competitive without following the industry trend of taking on increasing amounts of leverage to boost returns on investment? If so, how? It is not likely that an investment bank could have made the huge profits other banks were making with that leverage to boost returns. They could have possibly taken on less risk and been more profitable in the long run, but not likely that they could have kept up short term. 3. Why was Lehman Brothers allowed to collapse while Bear Stearns was not? The investment bank of Lehman Brothers played a different part in the market than Bear Stearns. The government didn’t want this bankruptcy spreading and so they were able to convince JP Morgan to buy out Bear Stearns while they let Lehman Brothers collapse and pick up the pieces. 4. Did the compensation structure of the investment banking industry encourage banking executives and employees to take on excessive risk to boost short-term profits? Why or why not? Banks were encouraged to take on huge amounts of risk because of the very high return. For a while, there were no consequences for defaults because risk was being transferred but they got to keep the money made off the loans and bonds issued. 5. How much of the industry-wide crisis stemmed from the investment banks’ financials and the current economic climate as opposed to investor panic and speculation? The investment banks are mostly to blame because their conditions caused investor panic and speculation. Banks should have anticipated their uninformed investors rash behavior because that is very hard to control. 6. Both Bear and Lehman bailed out their proprietary hedge funds. Did they have any other option? What would have happened had they not done so? Investors and employers had a lot of skin in the game in the hedge fund market so they had a lot of pressure to bail out these funds. If they had  chosen not to bail them out then their reputations would have gone downhill eventually leading to their investors distrust of the firm. 7. Could Morgan Stanley and Goldman Sachs have survived without becoming bank holding companies? What were the benefits and disadvantages of becoming bank holding companies? What does designation as bank holding companies mean for the way Morgan and Goldman operate going forward? By becoming bank holding companies the power was put into very few hands. Becoming a bank holding company increases diversity so that you do not only play in one market. This lessons risk but perhaps also decreases high returns that can be made if you focus on the investment banking business. Perhaps they could have survived if they had been able to come up with a balance of risk to take. Morgan and Goldman needed to expand from solely investment banking and perform commercial banking operations as well.

Skiing Essay

A Day On The Slopes It’s not just for the wealthy anymore! Skiing has been getting more popular recently. People have the free time and money to go skiing more than ever. This is a downfall for somebody who has never skied and wants to be a part of the fun. There is a series of simple steps to complete before one can achieve their best at skiing. From proper attire, to the way you carve down the mountain, it boils down to a few critical steps. If these steps are completed there is nothing holding anybody back from being a successful skier.Lets start off with the basics; I always start by packing pajamas so I have a warm base layer. Then a long T-shirt, followed by a warm pair of socks to keep those toes warm. Socks might be the most crucial part since they will be buckled into ski boots the entire day. Next comes a jacket, ski pants, goggles and a preferably a helmet. If it is windy out, or if you are sensitive to cold air then think about wearing a ski mask to keep the facial area warm. This should cover the basic attire for a day on the slopes. Once you have all your gear set, its time to pick a trail.Now, there are four main types of trails; green circle, blue square, black diamond and then double black diamond. The green circle is the easiest trail and is recommended for beginners, but if a skier is feeling confident they should take their skills onto the blue squares on the mountain. These blue square trails will challenge a first time skier and push them to their full potential. There are a few types of specialty trails that beginners might want to watch out for. Trails called â€Å"glades† are narrow paths in the woods.These trails are made for experienced skiers, and this is where you can find some of the best conditions on a mountain. The next kind of trail to watch for is a terrain park. These trails are made famous for their massive ski jumps and handrails for skiers to â€Å"grind† on. For skiers wanting that extra excitement ou t of their trip might want to consider the terrain park. Now that the trail has been chosen, the subsequent step is to get down the mountain. When descending, keep two things in mind at all times, pizza and French fries.One might find this out of context but it has substantial effect on your speed and safety going down the mountain. Pizza refers to the shape that skis make when in the â€Å"slowing down position. † The tips of the skis will configure to make a triangle, a pizza slice like shape. This position is the safest way for a new skier to slow down. French fry denotes when skis are parallel. This style can be used when on a straightaway or when in full control. Be carful when utilizing the â€Å"French fry,† because speed can get the best of a skier in this position.Skiing is a peaceful activity, and when done correctly can be the best time of somebody’s life. One must consider a basic checklist of supplies to bring on a ski trip so they can make the most out of their experience. Knowing the trails is also crucial; nothing is better than being prepared. It takes some time to get passed the French fry and pizza phase of skiing, but beginners will catch on quickly if practiced with discipline. If all of these steps are correctly completed a new skier will be having a very memorable understanding of the ski slopes.

Centers Disease Control and Prevention †Free Samples to Students

HIV is considered as one of the challenges to the life of human and dignity. It gives direct impact on the levels of society and also gives impact on the global economic and social development. It is a virus that directly attacks the immune system. The virus gives negative impact on the white blood cell in the immune system named as T helper cell and makes many copies of it inside the cells. The biomedical concept is taken into consideration and it remains as a dominant concept related with health. It states that the body is a machine that comprises of various parts working together. If one part is not functioning properly, then proper diagnosis takes place and it is healed by taking medicines prescribed by a doctor. Pharmacology is considered as a treatment that is beneficial in the treatment of HIV. It is assessed that to promote biomedical, the alternatives approaches are taken into consideration to heal the problem of an individual. The biomedical approach can be unsuitable for some communities and also it generates the feeling of helplessness and gives impact on the success of the interventions. The concept that is related to health and illness are diverse and also complex as compared to the medical model. It gives the main emphasis on the health of an individual and also it is related to the complete life experiences that are concerned with local and cultural structures. But the biomedical approach heals the whole person by connecting the illness of an individual with the person's social and economic background. The critics are evaluated of this model that the concept is very difficult to analyze and also it remains marginalized and also less recognized. On the contrary, Taylor (2003) states that lay perspective is considered as an important knowledge for the health of the p ublic as it searches the root of illness for giving treatment to a large population if the comparison is made with the individual focused interventions. The medical model creates hindrance in enhancing and creating prevention of the diseases like HIV (Wouters et al. (2016). In the theory of Goffman (1990), it assists to understand that how the stigma is built and how it influences the lives of the people that create the boundaries between those in power and those do not have the power   (Attell,2013). By the power the social inequality is created that lead to creation of social norms. The stigma is formulated that helps to interact with people and also power structure that helps to maintain control of the powerless. Both the theories are taken into consideration in HIV and are concerned to showcase that how negative attitude, abuse are directed towards PLWHA have given direct impact on the progress of treatment and prevention (Ngo et al., 2013). The investigation has highlighted that stigma in health care settings are taken from social power imbalances that give contribution to keep the people away from the treatment of HIV. Also, the patients feel sad and disappointed when they analyzed that the health workers are feeling uncomfortable and also giving treatment in an inferior manner (Rodger et al., 2014).   In Tanzania, there are many discriminatory practices like talking about the HIV status, neglect and also discloses the information without the consent of the patients. Also, it is evaluated that in many countries the health workers disclose the status of HIV patients to their families without giving information to the patients. In most of the studies, harassment and also avoiding the patients who are suffering from HIV positive are the common features that are analyzed. There are many health workers who used protective clothing even when there is no physical interaction at the time of interactions (Matheson et al., 201 3). The literature on HIV and also to access the health services is negative as the evidence is evaluated and also the HIV services were de stigmatizing in various parts of the globe.   Brazil has also taken into consideration the model by PLWHA. For them, it is the supportive structural system that enhances healthy environments and promotes the participation of various groups in the society and also in the government. In South Africa, many people rely on traditional healing. In the prevention of HIV, Aids Activism plays a great role by converting the biomedical approach in the framework of ideologies (Earnshaw et al., 2013). The literature states that for effective control of HIV it is important to have collaboration between lay perspectives and biomedical approach. It is also evaluated that there is no cure for AIDS but it can enhance the life by reducing the level of HIV in the body, it delays the process between the HIV and AIDS. According to the World Bank, There are 60 million people who are living with HIV globally. Also, the treatment has enhanced but as it is analyzed that for every 100 people on treatment, 250 people get infected. The people are only trusting biomedical approach for treatment and care of HIV (Katz et al., 2013). By analyzing the UNAIDS Report on the Global AIDS Epidemic 2010, it is seen that in total 7 countries the HIV has enhanced by 25 percent between 2001 and 2009. Sub Saharan Africa, is considered as the area that is highly affected by the epidemic and also it shows the signs in reducing the positive behavior due to the enhancement of the services that are related to the local culture (Joint United Nations Programme on HIV/AIDS & UNICEF, 2010).The challenges that are given by HIV to the global public health are, the Baum says collective participation fight can be conducted against the disease.   She stated that the community level mobilization is when there is an effective partnership between the structure and the lay people (Campbell & Foulis, 2004).   This is then supported by the farmer who does not consider the dominance of biomedical in health and healing (Norris et al., 2014). He considers that the lay people have an important role in the health improvements and also gives focus on the significance of understanding the experience of lay people for conducting successful interventions. He showed that the health care services should be easily visible to PLWHA .Also; the professional of healthcare should give knowledge about the impact of stigma on patients and policies that enhances inclusion of PLWHA in decisions that gives direct impact on the lives (Wu & Li, 2013). Parker and Aggleton, (2003) also stated that collective participation between the lay people and health structures plays as a successful anti-stigma services (Parker & Aggleton, 2003). It is evaluated that the health structure and PLWHA can be enhanced by involving lay people through advocacy. If the involvement is high of PLWHA, then the focus is given on the principle of PLWA because the situation can be analyzed in an effective manner (Li et al., 2015).     Also, the voices can listen if the needs are showcased by people in the same situation. In the study of Zambia, it is seen that the professionals who are living with HIV are in the position to sponsor for the people who access the services. Baum states that the advocacy consists of public health a practitioner who gives direct influence on the barriers in the health of the public. Literature also states that the concept of health and healing helps to access the services that give treatment and prevention from AIDS (Herek et al., 2013).The biomedical approach is related to the concept of health and illness through science and expertise by giving emphasis on the individual. The lay concept considers health and healing as surrounded by the local, social and cultural structures and also it considers the public health for a wide population. The literature also advises the approach is effective in the prevention of HIV. The arguments give significance on collaborating the models. So there is the need of the intervention programmers so that holistic approach can be developed and also proper understanding should be taken into consideration (World Health Organization, 2016). Before the identification of HIV as the causative agent of AIDS, the principal mode that is considered in the transmission was through the contaminated blood. There are 13,000 cases of AIDS that have occurred among hemophiliacs in the United States. There are two reasons due to which the risk categories are reduced, screening of blood and also to prevent the individual from donating the blood. It is also analyzed that HIV is transmitted through the maternal blood that enters by the circulation of fetal circulation virus at the time of labor and delivery. The postnatal HIV infection can take place via breastfeeding and also include 14 percent of the HIV infections at the time of delivery. The virus can easily enter the body through infected cells. The transmission mode considers the initial cells that encounter virus. Indication suggests that in the sexual transmission   1 variant of HIV Can reduce the frequency in order to pass to the recipient (Brown et al.,   2016). HIV is enhancing in context with the socioeconomic problem. There are many factors that cause poverty, cultural aspects and also it is essential for the rapid and global development of AIDS epidemic. It is a virus that is caused due to the deficiency in the human. It is important to have a proper scientific knowledge that is essential to prevent AIDS. The progress is made in which micro bides are developed and also there is anti-infective medication that is formulated to prevent HIV. It is also important that the development should be supported by the education campaigns that geared women perspective to safeguard themselves and their children from the transmission of HIV (Yusuf et al., 2015).   It is significant that the vaccine development should take place in a proper manner. In the recent scenario, the environmental awareness has attained the attention of the public. The influence is also put on the environmental factors like weather, personal attitudes and also on policies that have infected the life of the persons. In the idea of a vaccine, the edible tissue of transgenic crop plants has also achieved a great success (Emlet et al., 2015).It has a negative impact on the economies of many countries. The magnitude of the demographic and economic impact is reducing the health gains that are made in the last few decades. People with HIV create a burden on the public finance and the major impact was on the health sector. The impact of HIV is on the individuals and also on their families. There are many cases that have resulted in the loss of the income and also enhanced expenditure. The families that are affected by HIV reduce the savings and assets so that the expenditure and income shocks can be attained (Siegel et al., 2015).   It has also reduced the profits and labor productivity due to the enhancement in the AIDS expenditure. ILO evaluates th at thirty-seven million people globally are involved in the productive economic activities are HIV positive. It has also given impact on employment, relationships and also on the social reactions of the community members. HIV has also given impact on the parenthood. It is stated that 70 percent of the parents who are HIV infected taken into consideration that their family planning is over, as it is not possible to bear any more child (Masur et al., 2014).   The children suffering from HIV have a high risk of death and also the direct impact is given on the psychology of the children. The study states that genetic measurements should be straightforward and should also measure the environmental exposure. There are various challenges to overcome the environmental factors. The multivariate models require validation both internally and externally.   The research also investigated that the social and health factor that is related to the HIV infection. If there is a higher rate of prevalence and also the availability is easy of the physicians then the prevention can be made easily by the HIV. If there is a high rate of an adolescent fertility rate that can easily enhance the epidemic. It is also evaluated that HIV gives impact on the family, community, and country (Bennett et al., 2014). It is analyzed that in the countries of central Asia the HIV is enhancing globally, and also it has been driven by injecting drug use. There are various approaches that give support to children who are affected by HIV. It gives direct and indirect impact on the rights of children and also the consequences of the impact can be minimized if the qualities of health and education services are accessed. There are four major principles related to the rights of children: The right to survive and also to protect from the neglection and from abuse, the right to listen and to raise the voice and also the right related to freedom from discrimination. Right based programming is also related to prevention, care, protection and impact mitigation. It focuses on promoting the participation of the children in implementing the HIV programmes (Okoror et al., 2014). The global strategy is taken into consideration so that the guidance can be attained for the orphans and also for the infected children by HIV. The strategies that are analyzed have the aim to: Enhance the capacity of the families so that the protection and care can be given to orphans and to the infected children. It also ensures that the essential services should be given to the orphan and infected children that consist of education and health. It is also analyzed that awareness is essential for creating a supportive environment for the children and also for families who are directly affected by HIV. The strategies are considered as an important aspect that is required for effective care and support (Insight Start Study Group, 2015). There are various policies and practices that have given significant improvement in the lives of the affected children. It consists of policies and laws that hold the property rights of the orphan. The school education is given for free with the subsidiary and the good governance is supported and promoted. Government programs play a significant role in assisting care for people with HIV but it is evaluated that there are some limitations. The limitations are: Some people do not consider the early therapy because of some rules related to eligibility. The goals and the standards of HIV are related to the primary care so that the disease can be monitored and also effective therapy that is based on the clinical indicator for the progression of disease (Cohen et al., 2016). The majority of funds are provided in context with the Care act that is distributed with the community input. The care Act gives emphasis on the role of planning and also in decision making with the involvement of the community and also it meets the needs of HIV. Congress also considered the unmet needs of the communities. In 1999, Congress has given funds to assist a minority HIV people. The main aim of the member of the community is to give a response to the HIV Epidemic (Oni & Unwin, 2015). The congressional Black caucus also played a significant role in creating the initiatives and also to consider the priority of funding. Medicaid is one of the public programs that give drug coverage. Under this, the drug is considered as an optional service that should be provided by the state. There are very important variations to cover the policies from state to state and also to limit the number of prescriptions that are given and filled each month (Breet et al., 2014).   In many states, an individual who is disabled and eligible for the income-related with supplemental income qualifies for Medicaid. The SSI is an income support program that is conducted by the social security administration for low-income group. The program that is related to social security disability gives income support payments to the workers who are considered as disabled. The state gives an offer of providing full Medicaid benefit to the individuals that consist of disabilities and also the income that is more than the income level. The state also considers a certain amount to disregard and also gives focus on determining the eligibility criteria of Medicaid (Deeks et al., 2013). The high ability of the policy refers to collect, analyze and also to use the data and the result of health policy that helps to implement in an effective manner. HPP give strength to the governments, individuals and also to the society to frame the policy to develop and implement to give a boost to the national efforts related to HIV. The biological, behavioral and also structural plays a great role and also there is a higher risk for HIV transmission rather than for other individuals (Hanson et al., 2014). So, it is analyzed that there are many individuals who are affected by the virus. The direct impact is on contracting and also living with the virus is a great challenge for the individual. The direct impact is considered by analyzing the effectiveness of the management program and also it is related to the prevention of new infections. The main challenge is to encourage HIV testing by considering the risk groups and the care should be given who are living with HIV. It is essential to take corrective steps and also to consider prevention methods so that it cannot be spread easily. At the time of prevention, it is essential that physical and psychosocial impact should be taken into consideration of the virus. The policies and procedures should consider the wants of the individuals, families and of the community so that the impact on the various sectors can be addressed properly. Also, it is evaluated that the biomedical and lay perspective approach helps to prevent HIV and also enhanc es the benefits. The holistic approach should be considered that collaborates the model of HIV. It gives impact on lot of the lives of an individual and also through the collective action of the society and also by the national support it can be controlled. Attell,B.K.(2013). Social contact theory: A framework for understanding Aids related stigma. 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