Monday, August 12, 2019
Stakeholders Influence Essay Example | Topics and Well Written Essays - 500 words
Stakeholders Influence - Essay Example achieve this, I shall concentrate upon incorporating the use of latest technology to facilitate the organizational personnel in the process of assisting the consumers. I am the CEO of a public health organization. The organization faces the challenges of limited resources whereas the number of patients has been on an increase in the past few years. There is limited staff, equipment, and technology to provide the patients with quality care. There are two basic types of stakeholders in the public corporations; internal stakeholders and external stakeholders. Internal stakeholders are those that are involved in resourcing, funding, and coordination of the strategies whereas external stakeholders are the ones who share their experiences and opinions upon the issues and points of concern to them as representatives of the local community and the service users. Internal stakeholders of the public corporations include but are not limited to director of nursing, head of health information and intelligence, procurement, public health strategists, managers, researchers, trustees, and board committee members. External stakeholders include media, news reporter s, policy makers, consumers of services rendered by the public corporation, providers, local authority, vendors, and funders. As the CEO of the public corporation, my powers are limited since government is the prime decision-maker. ââ¬Å"The specific responsibility and influence of public organizations within institutional collective actionâ⬠¦is a source of ambiguity. It becomes therefore a matter of political authority for public organizations to invest in the structuring of public problems and policiesâ⬠(Demortain, 2004). According to my plan, I would first prioritize the issues according to their importance. I would assess the influence of internal and external stakeholders in relation to each issue, as well as their sources of influence. ââ¬Å"The impact stakeholders can have on organisational policy, strategy, and
Sunday, August 11, 2019
The Impact of Third Party Logistic on the Supply Chain Process in The Essay
The Impact of Third Party Logistic on the Supply Chain Process in The Case Of Tesco Plc - Essay Example There are associated different advantages with the effective third party logistics. The advantages of the third party logistics include improvements in the efficiency of labor, increase in the efficiency of the IT, improvement in the customerââ¬â¢s satisfaction and the effective implementation of the supply chain management systems. Table of Contents ACKNOWLEDGEMENT 5 DECLARATION 5 ABSTRACT 5 CHAPTER 1: INTRODUCTION 5 Outline of the Study 5 Background of the Research 5 Problem Statement 5 Research Aims 5 Research Objectives 5 Significance of the study 5 Rationale of the study 5 Research Questions 5 Electronic data base searches 5 CHAPTER 2: LITERATURE REVIEW 5 Supply Chain Management 5 Third- Party Logistics 5 Overview of the Company 5 Tesco Plc and the Third-party Logistics 5 Pitfalls 5 Strategic objective in the Supply Chain 5 Supply Chain Management (SCM) 5 Retail Sector 5 Principles for managing the Supply Chain 5 Principle No. 1: 5 Principle No. 2: 5 Principle No. 3: 5 Princi ple No. 4: 6 Principle No. 5: 6 Principle No. 6: 6 Principle No. 7: 6 Supply Chain Decisions 6 Location Decisions 6 Production Decisions 6 Inventory Decisions 6 Transportation Decisions 6 Impact of Effective Third Party Logistics 6 CHAPTER 3: METHODOLOGY 6 Research Plan / Methodology Perspective 6 Research Design 6 Rationale for a Qualitative Study 6 Rationale for a Quantitative Study 6 Philosophical Framework or Paradigm 6 Appropriate Method 6 Selection of Methods 6 Data Collection Methods 6 Instrument for data collection 6 Data Analysis 6 Justification Method 6 Strength and weakness of the mixed research 6 Strengths 6 Weaknesses 6 Literature Search 6 Reliability/Dependability 6 Validity 6 Ethical Considerations 6 CHAPTER 4: DISCUSSION AND... Just like other activities, the Supply Chain Management is one of the advanced methodologies to ensure a proper and sophisticated supply and distribution of the goods and services by the firms in an industry. This proposal, and the thesis based on it, discusses the concept of the Supply Chain Process and the impact of third party logistics on it. In order to elaborate on the literature review of the subject, the research has been done analytically through the case study approach. For that purpose, the case of Tesco Plc has been considered and a comprehensive view of the topic has been provided in the companyââ¬â¢s context. In order to provide a structure to the study, the exploration has been guided through the use of research methodologies, the collection of data through secondary research and the interpretation of the results. Background of the Research For the purpose of researching upon the company, Tesco has been considered to be analyzed in terms of the supply chain process. The investigation will also be performed to judge the impact of third party logistics on the supply chain processes of the organization. According to Rayport and Sviokla (2006), Tesco plc is merchandise and the global grocery retailer based in Cheshunt, United Kingdom.
Saturday, August 10, 2019
Statistics Essay Example | Topics and Well Written Essays - 750 words - 3
Statistics - Essay Example Additionally, the regression model created in this paper is used to discuss the variation in house prices depending on presence, absence or variation in the predicting factors. Thus, house prices are considered to be the dependent variables whereas the number of bathrooms, number of bedrooms and size in square feet are deemed to be the independent or predictor variables. Factors that determine house prices have an economic significance. For instance, a home or a house that has three bedrooms and three bathrooms is considered to have a higher price than those houses that have two bathrooms and two bedrooms. Moreover, a house with a larger size (square feet) is deemed to be more costly than a smaller house. Thus, this study has value to the real estate industry and economy at large. Firstly, it assists in determining the cost of living of people in different settings. This provides an insight on the level of cost of living for a particular place. Moreover, it plays a role in measuring the living standards of people occupying houses that have different specifications. Lastly, this study is useful in budget and planning as it enables one to estimate the average price of a house that suits his or her specifications. This would add value to previous findings over the same topic of study. Therefore, the hypothesis being investigated is that the sales price of a home is determined by the number of bedrooms, number of bathrooms and size in square feet. To prove this hypothesis, the paper uses sales data for homes from Springfield. In this data, only four variables are considered in fitting a regression model as shown below: The above regression model can be summarized as: House Price = -591420.7785 + 326.5526297 sq-ft + 160839.1163 Baths + 8436.754376 Beds. An interpretation of this is that when the size of a house is increased by a single square feet, the price of the house increases by $326.5526297, when the number
Friday, August 9, 2019
Home depot in chile Case Study Example | Topics and Well Written Essays - 500 words
Home depot in chile - Case Study Example Home Depot adopted the international strategy, when it entered the Chilean market in 1998. As part of that strategy, it tried to implement the same practices and marketing strategies, which they carried out in its United States operations. In the case of international strategy, the firm transfers its core competencies and operational strategies to the foreign subsidiary. (Aswathappa 355). One of the key operational strategies of Home Depot in U.S. is sizably selling Do-It-Yourself (DIY) products, and they transferred the same to Chile. Instead of multidomestic strategy (which focuses on customizing the product according to the local market) and global strategy (which focuses on selling a product based on a globally formulated strategy), Home Depot adopted international strategy. As it was its first market expansion out of North America, Home Depot did not have any global strategy. Also, they avoided the multidomestic strategy and did not customize its products according to the Chilea n people. So, in line with the international strategy, Home Depot put more of DIY products on its shelves. However, this strategy of transferring the same practices to Chile did not work first because Chilean people were less willing than in the United States to repair their houses by themselves. b.
Thursday, August 8, 2019
Why Media Ownership and Diversity Matters Essay
Why Media Ownership and Diversity Matters - Essay Example Why Media Ownership and Diversity Matters? By writing this letter, it is my firm belief that you will take a leading role in advocating for issues pertaining media ownership and diversity. From the onset, it is vital to highlight that various legislations and court rulings have rolledà the gains made in the ownership of media in the country with the issue of ownership concentrated on certain key elements while women and the minorities face challenges in media ownership. Simultaneously, it is evident that employment of women and the minority in the media industry experiences little progress despite the countryââ¬â¢s efforts in engaging the minorities and women in various fields due to affirmative action. Undeniably, there is a persistent lack of women and minority representation in the management of media houses and broadcast companies, which consequently narrows the economic and professional opportunities in one of the most influential industries in the country. The issue does not only occur in management. However, watch ing prime time news in the media depicts minorities in a bad light. For example, the scenes that the media subjects their viewers to involve Latinos invading the borders of this nation while the black community in America is painted as criminals with handcuffs on them following incidents of crime and consequent arrest by law enforcement agencies. Indeed, this depiction of minorities paints a gloomy picture on the countryââ¬â¢s media. On the other hand, women also face widespread underrepresentation on prime time news. In line with this, a study held by 4th Estate during the 2012 presidential poll in America observed that there were seven times as many quotes from men than from women in the countryââ¬â¢s main TV news programs newspapers. To make matters worse, the countryââ¬â¢s media focused more on men than on women even in instances whereby the news focused on issues related to women. Consequently, this is an indication that there is the presence of widespread exclusion of women and minorities in the countryââ¬â¢s media, which leads to the stories of these vital groups remaining largely untold. Research studies indicate of the effectiveness of news coverage in impacting on public opinions based on various approaches such as agenda-setting and framing (Avery and Peffley 134). In line with this, setting an agenda determines the issues that media and broadcasting houses discuss in order to influence public opinion. On the other hand, framing involves the communication of content by a media or broadcasting house to the public. Consequently, it is essential to point out that the framing of the content and agenda-setting influences the way that the public in the country will perceive issues that are political, social, and economical in nature. Based on this, it is evident that the failure to involve the minorities and women in management and employment in media has failed to ensure the presence of an agenda that sets to debate issues that affect them an d how to solve these issues. For this reason, the country continues to debate on minority issues that are not conclusive since the people responsible for setting the agenda for discussion are not fully involved by the media. On the other hand, their involvement in setting the agenda might not be effective since their issues will not be solved effectively based on the evidence that
Organisation Theory Assignment Example | Topics and Well Written Essays - 2000 words
Organisation Theory - Assignment Example Nothing could be farther from the truth, because organizations are diverse in the goals they set for themselves, the way they are structured, the activities they undertake and their strategies to pursue their goals (Daft & Marcic, 2013). Organizations include the Catholic Church as well as the Yakuza, the Chicago Bears and the International Paralympic Committee, the Salvation Army and Apple, Inc., Mensa International and the Miss Universe Organization. The wide spectrum of organizations appears to defy any attempt to define what unifies them, let alone shape a coherent and cohesive Organization Theory. The issue to be addressed in this discussion deals on the advantages and disadvantages of a multi-perspective approach to understanding organizations. Adopting a widely diversified approach that seeks to include all organizations may defeat the purpose of creating a definitive framework due to overbreadth, to the point that nearly all organizations may be excluded from some aspect of t he theory. ... d and described according to its tangible aspects (organizational structure, asset size, principal operations, number of employees, place of operations), and intangible aspects (management style, type of leadership, organizational culture, strategic approach). Increasingly, organizations are being viewed in terms of theoretical pluralisms because of the growing awareness of their increasing complexity. Astley & Van de Ven (1983) propose a metatheoretical taxonomy of the major schools of thought in organization and management theories is presented in the table in the Appendix. There are two dimensions according to which the divergent views were classified: the level of organizational analysis (from the micro to the macro), and the orientation of the analysis (from deterministic to voluntaristic). The matrix created is comprised of four quadrants: System-Structural View (Q1), Strategic Choice View (Q2), Natural Selection View (Q3), and Collective-Action View (Q4). The System-Structural View (also known as Structural-Functionalist Perspective) addresses the micro-level (i.e., individual organizations) with a deterministic orientation. Determinism means that organizational behaviour is perceived to be shaped by a system of impersonal mechanisms that impose external constraints on the members of the organization. The structure of the organization creates roles and positions that function as hierarchical instruments in achieving organizational goals and creating stability in the system (Stolley, 2005). Included in this category are the systems theory of organization, the theory of structural functionalism, and contingency theory. The behaviour elicited is constrained and adaptive, and management role is reactive. The Strategic Choice View differs from the System-Structural
Wednesday, August 7, 2019
Reasons Why Corporate Acquisitions Occur and Fail Essay Example for Free
Reasons Why Corporate Acquisitions Occur and Fail Essay There are a number of reasons why a firm purchases another company. Mullins (2001) stated several of these reasons, one of which includes the most apparent and important reasonââ¬âto increase profit and maximize its shareholderââ¬â¢s wealth. Elimination of competition is another reason to acquire a firm. Some companies acquire their competitors to reduce competition and improve its position in the market. However, acquisition for this purpose is against the law according to the antitrust acts. As a result, the acquiring firms emphasize in its press release that the acquisition is not anti-competitive but a way to better serve the customers. If the U. S. regulatory agencies, however, construe that the acquisition could be anti-competitive, the acquisition may be blocked. Company growth is also one of the reasons why acquisitions occur. Acquisition is also an approach used when the acquiring firm has excess cash which can be used for investments. To reduce corporate risk, firms also purchase another company which could result in improved earnings and sales stability. For instance, a clothing company specializes in swimwear while another clothing firm designs winter clothes. Thus, purchasing the swimwear company to gain profit during summer and spring is a good strategy to eliminate the sales instability of the winter clothing company caused by the changes in season. This example could also be used to illustrate another reason why acquisitions occurââ¬âto enter another market. The target firmââ¬â¢s experience and resources, including its employeesââ¬â¢ expertise and business relationships, are readily available for the acquiring firm to take advantage of. Thus, rather than start a swimwear collection of its own, it would be much easier for the winter clothing company to acquire the swimwear company. A companyââ¬â¢s resources could also be the target of the acquiring firm. These resources may be tangible (e. g. , plant and equipment), intangible (e. g. , trade secrets and patents), or talents of the target firmââ¬â¢s employees. Another reason cited for acquiring a firm is synergy, which is a term used to describe efficiency gained from doing more than one thing. For example, it is a good strategy for a meat processing company to acquire a leather goods manufacturer as they require the same raw material. Finally, acquisition occurs when the owners of a family-owned business wish to retire or leave the business and the next generation is not interested to continue the business (Mullins, 2001). In an interview conducted by Barnett (2004) for her article, Benoit shared another reason why acquisitions occur. He stated that acquisition allows the acquiring firms to get new clients. The escalating stock prices and reasonable interest rates were also considered as reasons for the increase in the number of acquisition deals (Flanagan, et al. , 2004). Even with these good reasons, many corporate acquisitions fail. A survey conducted by the KMPG reported that 83 percent of the acquisitions fell short of the forecasted plans (Lear, 2000). Additionally, in the book of Galpin and Herndon (The Complete Guide for Merging and Acquisitions, 2000), studies showed that only 23 percent of all acquisitions earn their cost of capital. In addition, the stock prices of acquiring companies rise only 30 percent of the time after an announcement of the acquisition deal. 70 percent of the cases observed also revealed that synergies projected for acquisition deals are unattained. ââ¬Å"Peopleâ⬠problems and cultural issues were also noted as the most cited reasons in failed integration (cited in Flanagan, et al. , 2004). Barnet (2004) and Lear (2000) agree with Galpin and Herndonââ¬â¢s findings which cite the clash of cultures of the two firms being combined could be a reason for acquisition failure if the integration is not facilitated well. Acquisitions fail when acquiring firms do not carefully consider and analyze the culture of the two firms being combined and their compatibility in areas like personality, work styles, integrity, and trust Barnett, 2004). References Barnett, S. (October 1, 2004). Mergers: its a culture issue; Most of the time, the reason behind the merger/acquisition is to reach new clients. The National Public Accountant. Retrieved October 27, 2007 from http://www. allbusiness. com/management/583960-1. html Flanagan, D. , et al. (2004). Merger and acquisition opportunities: due diligence activities offer internal auditors numerous opportunities to help ensure the success of proposed company integrations. Internal Auditor, August 2004, 55ââ¬â59 Lear, R. W. (April 1, 2000). The artic1es of acquisition. The Chief Executive. Retrieved October 27, 2007 from http://findarticles. com/p/articles/mi_m4070/is_2000_April/ai_63609542/ print Mullins, G. E. (2001). Mergers and acquisitions: boon or bane? Central Wisconsin Economic Research Bureau. Special Report, Second Quarter. Retrieved October 27, 2007 from http://www. uwsp. edu/business/CWERB/2ndQtr01/SpecialReportQtr2_01. htm
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