Identifying a Problem and Developing a question Assignment

Identifying a Problem and Developing a question - Assignment Example Once a patient has a catheter placed in his or her system, the level of risk rises significantly to a daily incidence of 3-10% of bacteriuria. As such, nearly 10% to 30% of the patients that undergo short-term catheterization, between two to four days, develop bacteriuria, and similarly become asymptomatic. According to Friedman and Rhinehart (1999), nearly 90% to 100% of the patients who undergo long-term catheterization equally develop bacteriuria. Nearly 80% of nosocomial urinary tract infections relate to catheterization. Currently there is little knowledge about CA-UTIs judging with its vast prevalence, especially among the women. Urinary tract infection comes up through a number of complications, such as sexual intercourse, poor personal care, diabetes, bowel incontinence, pregnancy, problems emptying the bladder completely, and the blocked flow of urine, having a urinary catheter, as well as kidney stones. This problem is diverse across numerous places because of the lack of knowledge of the disease (Gould, 2014). Most health practitioners are usually unaware of the risks that may arise due to the patient’s long-term or short-term catheter usage. Consequently, this lack of information may promote the development and prevalence of the disease within the community. This possibility of an education deficit brings about more challenges to the treatment and management of the problem. The scope and impact of the problem is far worse than it projected because most of the cases are not always recorded. Elphern (2009) argues that the urinary tract infections (UTIs) are some of the most common nosocomial infections. In fact, CA-UTI accounts for nearly forty percent of the reported infections especially for patients under acute care hospitals (Elphern, 2009). In addition, nearly 80 percent of the UTIs are more associated with the presence of an indwelling urinary catheter. In most cases, a catheter associated UTI increases the

Lost in the labyrinth Essay Example for Free

Lost in the labyrinth Essay Emily is sitting in the park thinking about the argument she had just had with her mum and how she didn’t mean anything she had said to her. She all of a sudden realised the time â€Å"oh no I’m ten minutes late now mum will be even more annoyed with me† she says. Emily quickly starts to run home trying not to run into people or things. She arrived home but to her amazement there isn’t an angry mum waiting to tell her off at the front door. â€Å"Mum† Emily shouts â€Å"mum† but there was no reply so she shouts again â€Å"mum are you there†. Emily starts to look around the house but she can’t find her anywhere â€Å"ok then if she’s not here there will be a note† thinks Emily. So she begins looking for a note but there isn’t one anywhere. Emily then spots something on the floor â€Å"what’s this† says Emily. To her surprise it was her favourite book on the floor â€Å"I’m sure I didn’t leave this here† says Emily confusedly. Emily picks up the book and looks at the open page and there was her mum in the picture on the page and in shock she drops the book on the floor. Then Emily remembered the story in her book about the pixie king who desperately wanted a wife and who had a secret labyrinth. Emily starts crying and mutters to her self â€Å"why my mum out of all the people he could pick why my mum. When she had finished crying she turned around and there was the pixie king staring at her and laughing. â€Å"What have you done with my mum?† she cries. â€Å"If you really want to know ill take you there just close your eyes† says the pixie king. Emily closes her eyes. Emily opens her eyes and finds her self in a dusty field where all the grass is dead and in the distance she spots at the entrance of a labyrinth. The pixie kind returns and says â€Å"your mum will be turned in to my wife and will forget you and everything unless you get there in time which you wont,† laughs the pixie king. The pixie king vanishes â€Å"well how hard can it be† says the pixie king. The pixie kin g then reappears and says â€Å"oh and one last thing you have till 12:00 to get to my castle and give your mum this apple it will be too late†. Emily take the apple he gives her and as soon as she takes it he vanishes. â€Å"First I need to get to the labyrinth,† thinks Emily and she starts her walk to the labyrinth. Finally Emily arrives at the gates of the labyrinth â€Å"well this is it† Emily says worriedly and with a big deep breath Emily enters. Emily gives a sigh of relief â€Å"this isn’t so bad† Emily says. The labyrinth is brightly a colour and everywhere she looks there is different types of berries. â€Å"Yum just what I need† Emily says in delight. She reaches out for some strawberries. â€Å"NO NO NO don’t eat them do you have no common sense† says a voice from no where â€Å"Hello who said that† shouts Emily. Out of nowhere a pink and purple butterfly appears and says â€Å"it was me† â€Å"you can talk† says Emily in shock â€Å"of course I can talk says the butterfly†. â€Å"Fine then but I do have common sense and I know that when your hungry your suppose to eat† â€Å"oh you must be new around here I’m Pippy. You can’t eat those berries they make you forget,† says the butterfly. â€Å"Hello I’m Emily and thank you† thanks Emily. â€Å"One last thing how do you get to the pixie kings castle† asks Emily â€Å"well first you go left and I’m really sorry but you’ll have to work out the rest because I don’t want the king after me but if you ever need help just call, bye† says pippy and fly’s of. Emily follows pippy’s instructions and goes left. Emily then notices that every single path she takes is a different colour. Emily continues walking and when she turns the corner she hears an â€Å"oww†. She looks down and notices a worm wearing a black jacket and a top hat â€Å"this place just gets stranger and stranger† mutters Emily. â€Å"I’m not weird and you just kicked me which hurt† shouts the worm â€Å"I am very sorry† apologises Emily â€Å"are you ok† â€Å"yes yes I’m fine, I’m wiggle† replies the worm. â€Å"Hi wiggle, I’m Emily† says Emily â€Å"do you know the way to the castle† asks Emily â€Å"yes you go left and follow the path† says wiggle â€Å"thank you† says Emily thankfully. Emily turns left and follows the path. Emily arrives at the end of the path but she comes across a dead end. â€Å"Well that’s great,† she says. A voice from nowhere then says, â€Å"well you shouldn’t trust strangers† Emily turns around and sees wiggle. â€Å"Why would you do that† Emily says Shockley â€Å"well I couldn’t really tell you the way, I mean who knows what the pixie king would do to me but I’m telling you it wouldn’t be nice?† says wiggle. â€Å"Fine then I’ll do it by my self, GOOD BYE† shouts Emily. Emily goes back down the path and turns the corner and she sees a little pixie wearing a red and green outfit jumping on ladybirds. â€Å"Hey stop† Emily shouts at him â€Å"why should I there horrible things† replies the pixie. Emily picks up the ladybird, the ladybird pricks her. â€Å"Oww it pricked me† she drops the ladybird. â€Å"Well what do you expect† the pixie says â€Å"well not that† says Emily. â€Å" Who are you any way† asks Emily â€Å"who me† says the pixie â€Å" I don’t see any one else around† says Emily â€Å"oh I’m pixel† replies the pixie. â€Å"Please can you help me get to the castle† asks Emily.

Essay --

1. Why choose seasonal sales promotion as key KPI for Global electronic retail Seasonal sales promotion has grown substantially in recent years because it encourages people to buy more. There are few benefits for this growth in sales promotion for global electronic retail. ï  ¬ First consumers have easily accepted seasonal promotion as part of their buying decision criteria therefore they have a reason to look electronic product up constantly. ï  ¬ Second it is an opportunity to attract customer’s attention for global electronic retail and bring in new business in the sense of inheriting marketing themes with each season, holiday or event. ï  ¬ Third seasonal promotions focusing mainly on short term growth in sales which will immediate bring in additional revenue and increase margins. ï  ¬ Fourth it motivates and stimulates sales staffs. Create a sense of urgency: the promotion won’t last longer than the season/event. 2. The reason setting seasonal promotions could be based on the benefits above, but when decide to setting the target of seasonal promotion figures, the list of things below need ...

Principles and Practises for International Management Essay

To achieve the new worldwide revenue objectives I will have to convince the senior management to increase the workforce in my department to share my responsibilities, as they are not one person’s cup of tea. I will have to ensure that this workforce consists of serious individuals who are capable of working towards the achievement of a single goal with common mindset. I will have to make sure that local people are hired in the country’s international units, as they would prove to be helpful in making the company adapt to the culture of the foreign countries. Along with them and the few employees in the company who were not born in this country, I will try to identify with the countries in which our company has spread its operations. This can be done by in depth analysis of the countries’ political, sociological, demographic and geographic features. I will also have to be well prepared to communicate effectively across different cultural barriers and languages. I would urge the senior management to master skills to effectively manage cultural diversity in workforce. It has been rightly pointed by Rue and Byars that â€Å"Achieving success in international business demands that a firm’s human resource practices be adapted to country norms. † (1992, p. 130) The company would also have to thoroughly study the international market and design its marketing strategy accordingly. In no way should the company disrespect the local culture in which it is operating. Instead, it should try to blend the local culture with its corporate identity and be always consistent in this. Guidelines for the company staff should be designed in such a way that there is no scope of inconsistency or confusion across borders. The employees should be trained, keeping in mind the trends set by the flourishing multinational companies. They should be encouraged to perform their best. The international business units should be given similar autonomy as the local units, both in crisis situation and at decision-making times. In the words of Leandri â€Å"†¦hold local operations accountable to the corporate office yet give them enough autonomy to make necessary decisions. † (2000, para. 9) By making the company adapt to the demands of international expansion and by developing my own communication skills and potential of working in diverse work environments, it will not be hard to gain the payoffs that international business offers.

European Influence on Japan & China Essay

The European arrival had an effect on both China and Japan. China and Japan had some similar and different reactions to the arrival of the Europeans. In China and Japan, the European arrival affected the technologies and economies of both societies similarly, whereas the reason of isolation differed in these societies. The technology of the European’s following their arrival penetrated both the Japanese and Chinese societies. In China, in order to gain the elites interest in the Christian religion, the Jesuit missionaries introduced the technology of cannons and clocks. In Japan during the 1950s, the Portuguese technology of clock and gun making, influenced society strongly. The Japanese and Chinese both openly accepted the new European technologies because they felt they needed to accept the technologies to keep up with the Europeans, who seemed more technologically advanced. In both China and Japan, people were being converted to Christianity. They were being converted from top to bottom. Once a year, China and Japan, were able to trade with the Europeans. They isolated themselves and traded with each other. Japan and China also had some different reactions to the European arrival. They had different reasons for isolating. After Zheng He died, the Chinese government decided to close the ports, except two. The Chinese and the Europeans exchanged goods once a year for the next 400 years. China agreed with the isolation because the scholar gentry saw the voyages as a waste of resources. They rather spend the money on defending China. Japan grew doubts with the European intentions, that both merchants and missionaries might subvert the existing social order. This led to official measures to restrict foreign activities in Japan. Under Ieyasu and his successors, the persecution of the Christians increased to isolate Japan from outside influences. In the 1630s, all the Japanese ships were forbidden to trade or even sail overseas. By the mid-17th century, Japan’s retreat into almost total isolation was complete. A major difference was after Japan isolated themselves, an elite group still remained interested in the Europeans. Unlike the Chinese who looked down on the Europeans and ignored what they had to offer and stay isolated with them. The Chinese and Japanese had similar and different reactions to the arrival of the Europeans. Both of these societies had a technology advancement. Also, they both isolated themselves from the Europeans and instead they traded with each other. They had different reasons for isolating. Also, an important difference was that in Japan, a group remained interested in the Europeans. This differed from the Chinese because after they isolated, they didn’t want anything to do with the Europeans.

Should the primary objective of management be to increase the wealth of shareholders and owners

Should the primary objective of management be to increase the wealth of shareholders and owners Introduction Management has become a very important aspect that assists businesses in strategizing on growth and improving performance. Business oriented organizations are often made up of different groups of people who contribute to the general outcomes of the business. The entrepreneurs and shareholders are among the people who form the business organization. These two groups hold substantive amount of financial assets of the business. Are these the main shareholders of the organization? This is one of the main questions in the minds of managers. This issue complicates the exercise of management. However, management is a wide concept especially when applied to business firms.Advertising We will write a custom essay sample on Should the primary objective of management be to increase the wealth of shareholders and owners? specifically for you for only $16.05 $11/page Learn More There are different aspects of management that concentrate on various functions w ithin the firm. For instance, there is finance management that centers on finances of the organization. Shareholders and business owners often concentrate on this function (Geoffrey, 1994). Shareholders of the organization are often interested in the financial worth of a firm. This is because this is what assures them of getting tangible returns out of the investments they make in the firm (Beurden and Go ¨ssling, 2008). Therefore, the essence of management in the firm is not only to increase the wealth of shareholders and business owners. Management is a large function that concentrates on the wellbeing of the entire business. The stakeholders include: Shareholders, employees, the real business owners and the general corporate environment that benefit from the business outcomes. An ethical model of doing business is discussed in this paper. This helps in explaining the essence of sustainable business practices that form the core of management in a business firm. Management, as an organizational exercise, concentrates on the sustainability of the business. Therefore, the increase of the wealth of the shareholders is just one of the many factors of sustainability in the organization. Shareholders always remain interested in the general financial outcomes of the organization. This is because they gain significantly when the firm makes a lot of wealth (Geoffrey, 1994). However, there are many parameters to whether firms are accumulating more wealth or not. This leads to a different aspect of management in the organization. The accumulation of wealth is often an end product of the entire management exercise within the firm (Cosans, 2009).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Overview of the role of the business – wealth maximization and corporate social responsibility in management For a long time in history, it has been argued by experts and scholars of business management, that the main purpose of establishing business firms is making profits. This is a rational argument because no one can invest in a business venture without the motive of making money or wealth that comes in terms of profits. It is also assumed that when a business firm is making profits, the firm is most likely to benefit the society through increased employment. Nevertheless, it should be noted that business firms operate within the environment and should respect and contribute to the wellbeing of the environment (Chapman III and Whitmore, 1974). Business owners and other shareholders should not concentrate on the accumulation of wealth alone. They should also focus on the environment that helps the business in making the wealth. There are inconclusive debates regarding the extent to which management of firms has to embrace social responsibility. This is in respect to businesses that they manage. It is argued that social responsibility is critical to businesses because it paints a good picture of the business. In turn, this helps the firms to attract customers hence, fetching more profits (Hite and Vetsuypens, 1989). According to Chapman III and Whitmore (1974), there is a lot of interest in researching about the profit motives of businesses visvis the management through the aspect of embracing corporate social responsibility. It is evident that businesses are managed to maximize on profits. However, profits cannot be generated for a long time if all business practices are not structured in a way to cater for the needs of the environment in which they operate. Therefore, maximizing wealth for any business cannot be easily separated from the aspect of corporate social responsibility (Smith, 2003). However, it is argued that, due to the prevailing competition in the business environment, modern firms respond by concentrating on activities that directly increase the wealth of business. There is an inconclusive debate on whether this works well for the sustainability of profits in these organizations.Advertising We will write a custom essay sample on Should the primary objective of management be to increase the wealth of shareholders and owners? specifically for you for only $16.05 $11/page Learn More Firms that operate on a large-scale struggle to define ownership and control in the pursuit of organizational objectives. These objectives often center on the creation and sharing of the wealth of the organization. The shareholders and business owners are often characterized by a common aspect. In most cases, they are interested in making as much wealth as possible from the business. Unfortunately, this often puts them at loggerheads. This happens at times when they fail to concur on how to share the profits or business wealth. To make significant gains from business, the business owners will mostly pursue objectives that are considered to be inconsistent with the motives of the share holders. The shareholders’ main objective is geared towards maximization of wealth (Chapman III and Whitmore, 1974). Manager and shareholder conflicts have remained elusive. This has led to firms engaging in contracts and market control mechanisms that aim to reduce conflicts. This aims at reducing what is referred to as managerial opportunism, on the part of the business owners. Notably, wealth maximization remains to be a critical issue in the management of business firms. Shareholders always monitor the operational functions of the organization. Therefore, they can always be updated on the amount of wealth being accumulated by the business (Hadani, Goranova and Khan, 2011). This affects the direction of management within firms. The whole exercise of management is highly watered down due to loss of objectivity in management. Management should not be subjective, and needs to be objective in its operations. The management should concentrate on wholesome aspects that are likel y to make the internal and external environment of a firm favorable. Wealth maximization should be regarded as one of the strategic issues in the management exercise, as opposed to the main issue in the organization (Wilcke, 2004).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More There are several theories that attempt to explain the essence and main purpose of business firms. Most of the theories focus on corporate governance, executive compensation policies and practices, and the social and economic performance of firms. One of these theories is the shareholder theory, which is derived from economics. This theory centers on the purpose of firms. Most firms aim at creating wealth for firm owners while ignoring the interaction of the firm with many other areas. The other areas include the role of the firm in enhancing societal development by engaging in societal roles (Ghoshal, 2005). There is also another stakeholder theory that pays attention to both the creation of wealth in firms and maximization on the role of the firm in discharging its roles within the society. This theory is an extension of the first theory because it considers the management of firms as an elaborate exercise that focuses on the entire business environment. Therefore, this is the mos t preferred theory in modern management because it considers other functions like corporate social responsibility. These other aspects are regarded to be equally important for the success of the organization. This theory contrasts with the argument presented by Friedman, which the major aim of creating firms is to make money and not enhancing the moral or social development of the society. Moral and social developments are activities that should be enhanced by the government and other not-for profit agencies (Husted and Salazar, 2006). Friedman argued that the engagement in moral and social issues by firms leads to the diversion of resources. In turn, this minimizes the wealth maximization motive of firms. However, businesses exist in the society, and it is obvious that the society has an impact on the performance of firms. The management of firms cannot be secluded from the society. This is because business firms exist and are supported by the same society where they exist. Therefo re, the management should consider the aspect of societal development as they strive to establish the right channels of maximizing wealth or profits (Pfarrer, 2010). Bejou (2010) has noted that the corporate social responsibility is important in improving the management practice in organizations. This is because it adds a human touch to the profit objectives of firms. Good management practices are not only evaluated basing on the wealth accumulated by the firm, but also on adherence to ethical standards, respecting the law and maintaining good corporate citizenship. However, the standardization of the corporate social activities for companies remains a problem. This is because the standards are not set based on empirical findings and explanations. Companies may act as if they actively engage in corporate social responsibility. On the contrary, there are some companies that attach very little value to these activities. Business challenges and the role of shareholders Enhanced corpora te accountability is advocated in the turbulent business environment characterized by major difficulties like financial crises. This undoubtedly calls for responsibility on all people who make up business organizations. Firm shareholders have acquired considerable say in business firms to help in enhancing accountability. This is achieved through enlisting and overseeing the corporate affairs of business firms. Management visions of firms are crafted to go beyond the aspirations of shareholders in business firms. In fact, the management exercises embrace inclusive and sustainable strategies by engaging shareholders and stakeholders in making and abiding by the sustainable decisions. Leading firms in private and public sectors within the United States and the United Kingdom are embracing this practice. Firms in the private and public sectors are enlightened on this shift within the management paradigm (Shaw, 2009). Shaw (2009) noted that stakeholders are not only increasingly recogni zed in terms of the financial goals of goals of organizations, but also as part of the corporate plan crafters and implementers for firms. Corporate governance rules and principles in organizations are considerate of the interests of shareholders and stakeholders. Wealth maximization does not remain a norm because it used to be in ancient organizations. It is included and considered when organizations are making management decisions. Major management decisions are reached where the interests of business owners and shareholders intersect with the agreed corporate social values of firms. Efforts to encourage sustainability no longer lie with few individuals in the organization. This has been spread to include organizational shareholders. While profit maximization remains important for organizations, shareholders are slowly being discouraged from inclining their minds towards wealth maximization. They are being encouraged to focus on corporate development of the organization as a means through which the wealth of firms is maximized. Shareholding in business firms remains to be one of the emergent orders of investment. As the shareholders are taught to participate in the corporate affairs of the business, the management exercise is improved and made holistic. Financial risks often eliminate related risks within a firm. Financial rewards are considered as the end products of the management practice for shareholders and investors. However, this is not regarded as the leading factor in management (Harper, 2010). When firms focus on maximizing the stocks of shareholders, the firm is focusing on the support of a positive internal environment. The individuals who are mostly featured in this instance are employees working in different sections of the organization. This includes the production, marketing, and administration sections of the organization (Baker and Powell, 2005). This aims at increasing the price of shares on the stock so that the firm can make considerable profits. The profits should be distributed to shareholders and the business owner. However, the profits are no longer shared amongst the shareholders and business owners in whole. Instead, some of the profits are also invested in the society in terms of promoting a supportive environment for business. Without a supportive environment, the stock price of the company cannot rise. In other words, the corporate social responsibility is becoming an important facet of business management as it helps in fetching opportunities to enhance profits for a business organization. Corporate environments are crafted as part of the long-term management objectives of organizations. The long-term earnings are based on how the management sets an environment that is receptive and supportive to the firm. Therefore, all aspects of management should be given priority. This includes human resource management, financial management, corporate governance, marketing management and public relations. Raising the shareholders wealth brings about the positive prospects of organizational growth. However, it is derived from collective, organizational management that focuses on facilitating the entire departments of a firm (Moyer, Mcguigan and Kretlow, 2009). Research has shown that those organizations that focus on maximizing the social welfare in the society where they exist are bound to make significant profits. These firms maximize on participation in corporate social responsibility. The shareholders are derived from the business environment that is cultivated by the management. Many organizational managers have realized the essence of enhancing social welfare as this boosts the number of people who will be interested to invest in the firm. In other words, the way firms manage their operations is a precursor to the attraction of investors or shareholders of the firm. The success of corporate firms cannot be directly attributed to the maximization of shareholder value in the firm. Nonetheles s, this can be attributed to the successful management of the firm. On the other hand, maximizing the wealth or value of shareholding in a firm is still relevant because a firm is likely to lose its capital if the shareholders withdraw (McSweeney, 2008). Nowadays, organizations focus on the stakeholders rather than narrowing down and focusing on the business owners and the direct shareholders. Stakeholders are affected too, and this affects the operations of a firm. They have direct and indirect contribution to the general performance outcomes of a firm. Organizations are highly influenced by the general stakeholders more than the shareholders. Stakeholders include direct and indirect customers. Other stakeholders are the organizational employees, suppliers and distributors of the firm and the local communities. There is also the media, competitors, business partners, financers, and the government. The government comes in as business regulators and policy makers. In fact, organizati ons are defined in terms of stakeholders. A firm is defined as a composition of stakeholders. Therefore, all interests of stakeholders have to be given preference by the management of the firm. Managers are required to run the activities of the firm to benefit the entire firm. The rights of participation in decision making, as well as interests of all stakeholders should be safeguarded by organizational managers. In most instances, the interests of the firm owners and the main shareholders are compromised by the management of firms. This is meant to accommodate the interests of other stakeholders of the organization. An example of such a decision is cutting the prices of products in favor of customers (Fontaine, Haarman and Schmid, 2006). The resolution of conflicts of interest in firms is resolved by the management team. Conflicts often arise in organizations regarding the finances of a firm. Shareholders of organizations consider themselves as the prominent parties of the firm. Ho wever, strategic and financial management functions point to the importance of both the shareholders and other stakeholders of an organization. Firms have to cater for the interest of stakeholders and shareholders. The degree of concentration on the interests of the two groups is what theories of strategic and financial management are yet to agree. However, there seems to be an agreement that stakeholders and shareholders are of high value to firms, and should be regarded as critical by the management (Beurden and Go ¨ssling, 2008). Therefore, each of these groups is given preference when addressing organizational matters that are directly related to each. Firms are administered in the interest of the entire environment, and this includes the owners, shareholders and stakeholders. Therefore, organizational structures are being crafted so as to be accommodative to the interests of the shareholders, stakeholders and business owners. The management structures are not just based on th e interests of organizational shareholders and stakeholders (Vilanova, 2007). The concept of maximizing the shareholder value in the organization has been given a lot of emphasis by modern organizations. However, this is being checked to ensure that it does not derail the entire management function in organizations (The Chartered Institute of Management, 2004). According to Ahlstrom (2010), the profit making motive matters a lot for firms and has to be encouraged. Firms cannot operate without thinking on how they will make significant profits rather or else they risk failing to meet the definition given to business firms. The way firms conduct their activities has led to enormous criticisms. This makes them appear as if they are only interested in maximizing profits for the firm owners and shareholders. Firms that embrace good management practices end up achieving economic and societal goals. Firms have to be innovative by focusing on the broader picture of the business. This helps them meet their financial goals, as well as the social goals. Social goals end up stimulating a good economic environment for a firm. Apart from attaining financial goals, corporate social responsibilities are considered as important components of management (Beurden and Go ¨ssling, 2008). Conclusion From the ancient times, the goals of establishing firms have been entirely revolving around the maximization of wealth or profits. This made organizations to be seen as tools of enhancing profit maximization. However, there is a realization that firms should consider the entire environment in which they exist. Therefore, organizational management has become elaborate and increasingly proactive so as to enhance economic and social outcomes of a business firm. Maximization of wealth for business owners and shareholders are only reflected in the economic outcomes of business management. Otherwise, businesses are managed to achieve financial and social outcomes. Therefore, management cann ot be geared towards the realization of financial or economic goals only. The social aspect is equally important. Reference List Ahlstrom, D 2010, ‘Innovation and Growth: How Business Contributes to Society’ Academy of Management Perspectives, vol. 24, no. 3, pp. 11-24. Baker, HK, and Powell, GN 2005, Understanding financial management: a practical guide, Blackwell, Malden, Mass. [u.a.]. Bejou, D 2011, ‘Compassion as the New Philosophy of Business,’ Journal of Relationship Marketing, vol. 10, pp.1–6. Beurden, P and Go ¨ssling, T 2008, ‘The Worth of Values – A Literature Review on the Relation Between Corporate Social and Financial Performance,’ Journal of Business Ethics, vol. 82, pp. 407–424. Chapman III, FM and Whitmore, GA 1974, ‘Beyond Shareholder Wealth Maximization: Introduction,’ Financial Management, vol. 3, no. 4, pp. 25-34. Cosans, C 2009, ‘Does Milton Friedman Support a Vigorous Business Ethi cs?’ Journal of Business Ethics, vol. 87, pp. 391–399. Fontaine, C, Haarman, A, and Schmid, S 2006, The Stakeholder Theory. Web. Geoffrey, P 1994, ‘Shareholder wealth maximization: business ethics and social,’ Journal of Business Ethics, vol. 13, no. 2, pp. 125-134. Ghoshal, S 2005, ‘Bad management theories are destroying good management practices,’ Academy of Learning Education, vol. 4, pp. 75-91. Hadani, M, Goranova, M, and Khan, R 2011, ‘Institutional investors, shareholder activism, and earnings management,’ Journal of Business Research, vol. 64, pp. 1352–1360. Harper, HV 2010, Enlightened Shareholder Value: Corporate Governance Beyond the Shareholder-Stakeholder Divide,’ Journal of Corporation Law, vol. 36, no. 1, pp. 59-112. Hite, GL and Vetsuypens, MR 1989, ‘Management Buyouts of Divisions and Shareholder Wealth,’ The Journal of Finance, vol. 44, no. 4, pp. 953-970. Husted, BW and Salazar, J 2006 , ‘Taking Friedman Seriously: Maximizing Profits and Social Performance,’ Journal of Management Studies, vol. 43, no. 1, pp. 75-91 McSweeney, B 2008, ‘Maximizing shareholder-value: A panacea for economic growth or a recipe for economic and social disintegration?’ Critical Perspectives on International Business, vol. 4, no. 1, pp. 55 – 74. Moyer, RC, Mcguigan, JR and Kretlow, WJ 2009, Contemporary financial management. South-Western/Cengage Learning, Mason, OH. Pfarrer, MD 2010, What is the Purpose of the Firm?: Shareholder and Stakeholder Theories. Web. Shaw, W 2009, ‘Marxism, Business Ethics, and Corporate Social Responsibility,’ Journal of Business Ethics, vol. 84, pp. 565–576. Smith, NC 2003, ‘Corporate Social Responsibility: Whether or how?’ California Management Review, vol. 45, no. 4, pp. 52-76. The Chartered Institute of Management Accountants 2004, Maximising shareholder Value Achieving clarity in decision-mak ing: Technical Report. CIMA, Great Britain. Vilanova, L 2007, ‘Neither Shareholder nor Stakeholder Management: What Happens When Firms are Run for their Short-term Salient Stakeholder?’ European Management Journal, vol. 25, no. 2, pp. 146–162. Wilcke, RW 2004, ‘An Appropriate Ethical Model for Business and a Critique of Milton Friedmans Thesis,’ The Independent Review, vol. 9, no. 2, pp. 187-209. Should the primary objective of management be to increase the wealth of shareholders and owners Introduction Business administrators and scholars often debate about the goals that managers have to achieve. It is often believed that these professionals should be mostly concerned with the wealth of owners and shareholders.Advertising We will write a custom essay sample on Should the primary objective of management be to increase the wealth of shareholders and owners? specifically for you for only $16.05 $11/page Learn More Such an assumption can seem quite plausible, because every company will cease to exist provided that it does not bring revenues to its investors. However, it also has to create the value for customers, community and employees. Without it, the very sustainability of this organization can be put under threat. Moreover, a manager who thinks only about financial benefits, can compromise his/her ethical principles. This paper is aimed at showing that maximization of profits can be possible only if the management of a company strives to foll ow both ethical and legal rules. Their main goal is to create value for customers, employees, and the society in general. They should not focus only on the needs of owners or stockholders. This is the main thesis that should be discussed. The first section of this paper will analyze theoretical origins of the belief that the primary objective of management is to maximize the wealth of owners. In particular, it is necessary to focus on the works of Milton Friedman and the way in which his ideas could be misinterpreted. Moreover, this section will show that long-term profitability of businesses is impossible without ethics and social responsibility. The second section will identify the benefits of creating value for various stakeholders. Finally, the third section will examine the dangers of thinking only about financial performance and profitability.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Le arn More Profits as a core objective of management The idea that wealth maximization should be the top priority for managers has been discussed in the works of many economists. One of them was Milton Friedman who argued that businesses had to concentrate on their profitability (Friedman as cited in Cosans 2009, p. 391). This argument could be very appealing to many corporate executives because by adopting this approach they could resolve or even dismiss many ethical dilemmas and problems. Moreover, many business administrators assumed that a company could do whatever it deemed necessary provided that these actions did not contradict the law (Cosans 2009, p. 392). Therefore, this business philosophy frees an organization and its managers from many restrictions and obligations that can be related to the rules of ethics. This is why it enjoyed popularity for a long time. Even now many business administrators apply this principle, even though they can speak about corporate socia l responsibility of their companies. Unfortunately, many business administrators and even scholars simplify the ideas of Milton Friedman. In fact, he did not exclude ethics from the functioning of companies. He said that the activities of a profit organization â€Å"should be conforming to the basic rules of society† (Friedman as cited Cosans 2009, p. 393). Overall, he placed emphasis on such issues as compliance with the law, unacceptability of deception, and openness of the company (Friedman as cited Cosans 2009, p. 396). This entity was not allowed to disregard the needs of other stakeholders such as customers or workers. This is why ethics and profit seeking should not be separated from another. Thus, even if managers believe that their main task is to increase the wealth of owners and stockholders, they should not try to achieve this objective at any cost. Business administrators or corporate executives have to reconcile the needs of an organization with legal and ethica l standards; otherwise their work can hardly be viewed as successful.Advertising We will write a custom essay sample on Should the primary objective of management be to increase the wealth of shareholders and owners? specifically for you for only $16.05 $11/page Learn More Thus, those managers pursuing profits at any cost should not suppose that many scholars support this approach. There is no way in which one can reject the restrictions of business ethics. Ethical aspects of businesses continue to attract the attention of many scholars and many of them believe that ethics and responsibility are necessary for successful functioning of markets or even entire economies. For instance, William Shaw (2009) admits that businesses are driven by self-interest, yet, he also points out that by following only economic players can achieve long-term benefits only if they follow a certain set of rules (p. 568). To a great extent, the situation reminds the so-called priso ner’s dilemma in which a player has to sacrifice some of his/her interests in order to succeed (Shaw 2009, p. 567). For instance, car manufacturers have to place much emphasis on the safety of their customers, even though they have to incur extra expenses and even recall many cars. Provided that they choose to neglect this issue, they can simply lose the trust of their clients. In this regard, one can mention the notorious case of Ford Pinto. The management of Ford Corporation chose not to recall the car that had a poorly designed gas tank (Danley 2005, p. 234). When this information was revealed, the reputation of Ford Corporation suffered a severe blow. More importantly, their revenues began to decline. This case illustrates that ethics has to be an inherent part of businesses activities, because without them, no form of cooperation will be possible.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The thing is that business activities are premised on long-term cooperation and the formation or partnerships or alliances (Solomon 1999, p. 18). They can hardly exist provided that partners think only about their self-interests. Apart from that, this example shows that companies are dependent on many stakeholders, for instance, customers. Although, they do not own stocks of a company, they can strongly influence this organization. In this context, the term stakeholder can be defined as every person or organization that can affect a company is affected by it (Fassin 2012, p. 85). This is another reason why profit maximization cannot the sole objective of managers. On the whole, managers should not assume that ethical decisions always run against the self-interest of a company or individual. This is the assumption that only harms many businesses. Profitability and responsibility toward various stakeholders are quite consistent with one another. This is the main issue that business ad ministrators should consider. Such scholars as Bryan Husted and Jose Salazar (2006) argue that modern firms should not be forced to behave in a socially responsible way (p. 75). Under such circumstances, they will act as â€Å"coerced egoists† (Husted Salazar 2006, p. 76). Most likely, the managers of these organizations will only speak about social responsibility without actually practicing it. The main argument of these authors is that the ethical principles should be imbedded into the strategies of an organization. In their belief, the goals of stakeholders and stockholders do not oppose one another. In fact, one should draw a line between them. Managers should remember that it is possible to increase the wealth of stockholders without compromising ethical and legal norms. The following two sections will discuss various rationales for behaving in a socially responsible way. Creation of benefits for stakeholders At this point, it is necessary to demonstrate why managers sh ould pay attention to the needs of various stakeholders. First, even if a person assumes that the task of a business is the maximization of profits, there is still no clear-cut strategy for attaining this goal (Shaw 2009, p. 573). The need to increase revenues does not actually show the path that managers should take. Thus, one still has to evaluate alternative strategies that are available to the company. Some of them can correspond to the standards of corporate social responsibility while other cannot. In his article, David Ahlstrom (2012) points out that the most successful companies have some features in common; in particular, they are willing to create innovative goods or services that benefit customers and society (p. 12). These organizations create employment opportunities in the community and make the lives of people more comfortable. In other words, these companies strive to create value for various stakeholders. They have some of the following characteristics: 1) the empow erment of employees; 2) customer orientation; 3) the adoption of eco-friendly technologies; 4) accountability of corporate executives (Bejou 2011, p. 3). These are the most distinctive traits of these organizations. Among them one can distinguishing such corporations as Apple Inc, Google, ATT and many others. They occupy leading position in their markers. These examples are important because they show that a responsible behavior of a company does not necessarily harm its financial performance. Furthermore, one should take into account that people’s attitude toward businesses have evolved within the last fifty years. According to David Ahlstrom (2012), contemporary societies expect companies to bring benefits to the community (p. 22). These organizations should be accountable to both governmental organizations and community in general (Smith 2003, p. 63). Thus, a company that is driven only by self-interest will find it difficult to achieve success. The idea that revenues are the only goal of a business, could be acceptable thirty or forty years ago. However, it cannot be easily tolerated by people who live at the beginning of the twenty-first century. In the modern world, corporate social responsibility is a norm that an organization should adhere to. This is one of the issues that corporate executives should not overlook if they want to be successful in the workplace. It is hardly permissible to assume that advanced societies will tolerate pure pursuit of profits at the expense of the entire community. Furthermore, it is necessary to point out that for-profit organizations influence and can be influenced by a variety of people or organizations. Among them, one can single out stockholders, customers, governmental organizations, employees, trade unions, environmental organizations and so forth. Admittedly, stockholders occupy the most important place, because they invest capital in a company. Any company will simply go bankrupt provided that their needs are not fully met. Their prosperity should be the main priority for management. However, one should not disregard other stakeholders, such as customers or workers. They can affect the public image of an organization, its revenues, and internal performance. Without their commitment the very sustainability of a company can be jeopardized. Those business administrators, who focus only on the wealth of stockholders, can forget that their companies depend on other people, for instance, customers whose attitudes can profoundly impact the sales rates every company. Such corporate executives can actually lead the companies to stagnation. Therefore, managers should determine the way in which certain stakeholders can affect a company. In this way, they can better develop long-term strategies of this business. The main point is that businesses and stakeholders are interdependent entities and they have to find solutions that benefit each side. Additionally, one should note the majority of succe ssful companies are those ones which were able to win the trust of loyalty of the employees who are very influential stakeholders. If these people feel that they are valued by the organization, they will be more likely to be committed to the goals that the management sets (Bejou 2011, p. 4). They will be willing to defend the reputation of a business. More importantly, these people can hardly accept an idea that they are treated only as means for increasing the wealth of shareholders. If they realize that the management does not attach much importance to their needs, they will fewer incentives to work harder. The management will be able to motivate them only with the help of financial rewards or punishments. Moreover, one can even expect them to violate the rules that the management sets. Employees can also be considered as stakeholders and they can shape financial and organizational performance of every company. For instance, they can affect the company’s relations with its clients. Therefore, a good manager will try to find a compromise between the needs of these people and the interests of stockholders. This is one of the main tasks that corporate executives should try to cope with when they will develop long-term strategies of companies. When discussing the need for corporate social responsibility, one should not focus only on ethical considerations. It is also possible to mention economic rationale for adopting this strategy. The study carried out by Pieter van Beurden and Tobias Gà ¶ssling (2009) shows that companies, which adhere to the principles of CSR, usually yield better results (p. 409). These authors identify various forms of corporate social responsibility, namely, philanthropy, accountability to the public, environment protection, and promotion of diversity in the workplace (Beurden Gà ¶ssling 2009, p. 409). These scholars found a positive relationship between the ethical behavior of an organization and its financial performance. Soci ally responsible business activities can positively affect market return, share price appreciation, and stock performance (Beurden Gà ¶ssling 2009, p. 411). Surely, in each case, the degree of positive influence varies, but there is a marked correlation between business ethics and improved performance. Moreover, the researchers single out other benefits of corporate social responsibility (CSR). For instance, Jacqueline Cramer and Fred Bergmans (2003) identify the following advantages that CSR can bring: 1) a good reputation that is earned through ethical business practices; 2) improved energy efficiency that can be achieved through the use of alternative energy technologies; 3) greater commitment of workers; and 4) the trust of customers (p. 50). Some of these benefits can be measured quantitatively, in particular, economic efficiency, in turn, some of the advantages are intangible. Yet, in each case, CSR can give a company competitive advantage over its rivals. Yet, this goal can be attained only if managers strive to reconcile the needs of different stakeholders who do not necessarily have to be owners or shareholders. A good company should be able to identify the ways in which it can influence others; they also have to think about the possible impacts of stakeholders on their performance. This knowledge will help this organization acquire and retain leading positions in the market. The following section will focus on the risks that managers take when they focus only profitability. The drawbacks of disregarding corporate social responsibility Some corporate executives may be reluctant to follow the principles of CSR because possible advantages do not always yield numerical measurement. This is why one should mention that increased emphasis on the revenues can actually harm a company in the long-term. The thing is that such an organization can become unwilling to adopt new business models or technologies. In many cases, corporate executives pay attention on ly to the short-term profitability of their businesses and overlook the needs and values of other stakeholders. Secondly, they can overlook the risks that are associated with the pursuit of profits. Such corporate leaders can overlook the dangers to which their companies can be exposed to (Christopoulos, Mylonakis, Diktapanidis 2011, p. 11). They often forget that in most cases such a strategy only harms a business. For example, one can mention such a company as Lehman Brothers. This management of this corporation was primarily concerned with the increase of short-term profitability (Christopoulos, Mylonakis, Diktapanidis 2011, p. 11). Very little attention was paid to the obligations that Lehman had toward investors and their interests. Yet, they did not to assess the threats to which they were exposed. As a result of this policy, many employees and investors lost their money. One can even argue that the recent financial crisis can largely be explained by unscrupulous policies of many businesses and unwillingness to think about long-term growth of businesses. Thus, managers should remember about the dangers of looking only at financial performance, and disregarding the social performance of a company. As it has been said before, profitability of a company and ethical behavior are usually inseparable from one another. It should be noted that the majority of modern companies are not monopolies. Only such organizations can dictate their terms to the customers and sometimes even to the entire community. Nevertheless, the number of such monopolies was reduced to a minimum. As a rule, contemporary businesses have to face severe competition. They have to differentiate themselves among others only by creating a distinct value for the customers. Provided that this goal is not achieved, a company will become stagnant or simply lose its positions in the market. Those companies that are driven by the pursuit of profits often fail to identify the needs and values of cus tomers. Therefore, it will be difficult for this organization to differentiate its products from those ones manufactured by its competitors. In the future, the revenues of this company may decline. Thus, mere pursuit of revenues can actually be self-defeating because it does not allow a company to create innovative products. Thus, managers should take this possibility into account and minimize such risks. Furthermore, one should not forget that businesses can be affected by governmental organizations. For instance, there are environmental agencies, departments of labor, internal revenue services, trade commissions, and so forth. They are able to impose fines on the company or develop regulations that can restrict the activities of many businesses. These institutions have the capacity to coerce every company. Besides, those businesses that disregard the rules of ethics often have to face many lawsuits. Sometimes, the costs of these lawsuits can be devastating for an organization. Thu s, there is a distinct and economic need to think about the needs of the community, customers, or employees. Loss aversion may not be the most ethical reason for behaving in a socially responsible way, but even in this way one can see that an unethical business is more likely to fail. Managers, who are concerned only with revenues, run the risks of violating the law and losing money. So, one can argue that there are legal reasons for thinking about corporate social responsibility. Conclusion This discussion indicates that profitability of an organization should not be separated from ethical considerations because without them businesses will not be able to achieve sustainable growth. Secondly, even if managers assume that their task is to increase the revenues of owners or stockholders, they should not forget that this goal can be achieved only if they meet the needs of various stakeholders, namely employees, customers, governmental organizations, and the community in general. They are capable of boosting the financial performance of a company, but they also can ruin it. The most rational strategy for a business is to accept the idea that self-interest should be restricted by ethical constraints, especially the necessity to promote the wellbeing of a community. Overall, special attention should be paid to customers, workers, and governmental organizations since they are the most influential stakeholders. The managers have to find a way in which the financial goals of a business can be made consistent with the principles of corporate social responsibility. References Ahlstrom, D 2010, Innovation and Growth: How Business Contributes to Society, Academy Of Management Perspectives, vol. 24 no. 3, pp. 11-24. Bejou, D 2011, Compassion as the New Philosophy of Business, Journal Of Relationship Marketing, vol. 10 no. 1, pp. 1-6 Beurden, P, Gà ¶ssling, T 2008, The Worth of Values – A Literature Review on the Relation Between Corporate Social and Financial Perf ormance, Journal Of Business Ethics, vol. 82 no. 2, pp. 407-424. Christopoulos, A, Mylonakis, J, Diktapanidis, P 2011, Could Lehman Brothers Collapse Be Anticipated? An Examination Using CAMELS Rating System, International Business Research, vol. 4 no. 2, pp. 11-19. Cosans, C 2009, Does Milton Friedman Support a Vigorous Business Ethics?, Journal Of Business Ethics, vol. 87 no. 3, pp. 391-399. Cramer, J Bergmans, F 2003, Learning about Corporate Social Responsibility: The Dutch Experience, IOS Press, New York. Danley, J 2005, Polishing up the Pinto: Legal liability, moral blame, and risk, Business Ethics Quarterly, vol. 15 no. 2, pp. 205-236. Fassin, Y 2012, Stakeholder Management, Reciprocity and Stakeholder Responsibility, Journal Of Business Ethics, vol. 109 no. 1, pp. 83-96. Husted, B, De Jesus Salazar, J 2006, Taking Friedman Seriously: Maximizing Profits and Social Performance, Journal Of Management Studies, vol. 43 no. 1, pp. 75-91. Shaw, W 2009, Marxism, Business Ethics, and Corporate Social Responsibility, Journal Of Business Ethics, vol. 84 no. 4, pp. 565-576. Smith, C 2003, ‘Corporate Social Responsibility: Whether or How?’, California Management Review, vol. 45 no. 4, pp. 52-76. Solomon, R 1999, Game Theory as a Model for business and business ethics, Business Ethics Quarterly, vol. 9 no. 1, pp. 11-29.

Use the STAR Method to answer any interview question

Use the STAR Method to answer any interview question It’s interview day. You’ve worked on your handshake, your eye contact, your head-to-toe professional outfit. You know your resume backwards and forwards, and you’ve reviewed the job description so many times you can practically see it when you close your eyes. So, you’re ready. And then in the interview, you get a question you weren’t necessarily expecting: â€Å"Tell me about a time when you†¦Ã¢â‚¬  Argh, the dreaded behavioral questions. Now what? First, don’t panic. You can answer any question an interviewer throws your way, without grinding the whole thing to a halt. It’s as simple as being a STAR.What’s the STAR Method  and  how  do  you  use  it?STAR is a method you can use to frame an answer quickly and efficiently. It’s an acronym for:Situation: Where/when did this example take place?Task: What was your level of responsibility in this example?Action: What steps did you take?Result: What was the outcome, and what did you learn or achieve?Let’s break down some strategies for using the STAR method in your next and future interviews.Find the right exampleUnless something comes to mind right away, this can be the hardest part. But think of it this way: the question is likely to be a situation that is tied to something on your resume or a task in the job description, so this is something you can think about in advance, even if you don’t know what will be asked specifically. Ahead of the interview, come up with examples or anecdotes for every experience bullet point and skill on your resume. That way, when you’re asked, â€Å"Tell me about at time you showed leadership,† you will already have a list of relevant points ready to go.Relevance is the key- you don’t want to start rambling about something that doesn’t really fit what the interviewer is asking. So the quick internal check should be, â€Å"I think this is the right story- does it answer what’s being asked?†And if you need a bit of time to think things over, say so- it’s okay to ask for a minute to think things over. â€Å"That’s a really great question; I’d like to think about it for a minute!† You don’t want your contemplation to go too long, but taking 30 seconds to gather your thoughts will lead to a better answer.Set the sceneThis doesn’t have to be an elaborate, cinematic story. However, you should be able to give a few quick details to show the interviewer what the context is for your story.I was the lead on a project, and 80% of my team had called in sick†¦We were on schedule and on budget, when the client changed his mind in the middle of the meeting†¦I took a call from an angry customer, who was not interested in hearing the company’s side of the story†¦You’ll want to make it conversational so that it doesn’t sound like you memorized a card. All you need are a few short sentences- no need to provide detailed backstory about everyone involved or a history of your employment. You want the details to be directly relevant to your story. And it’s okay to be humorous or light in your response, as long as you keep the tone professional.Talk about what you did to solve the problem or approach the issueOnce you’ve set the scene for the interviewer, talk about what you did to resolve the issue. Usually, when interviewers ask behavioral-style questions, they’re just as interested in the how as the what. And again, this doesn’t need to be a long-winded, detailed step-by-step. A few succinct bullet points about what you did in the situation will be just fine. If the interviewer has any follow-up questions, she’ll ask.Talk up your achievements- or lessons learnedWhen you’re talking about the results, don’t be afraid to talk about what you achieved- especially if it puts you in a positive light. You don’t want to come off like a braggart, but you should own your accomplishments.The project came in under budget thanks to my fix, and we broke sales records that year.Because I caught the order before it was processed, I was able to stop 5,000 widgets from being shipped accidentally. That was a great feeling.And if you picked an example that didn’t necessarily have a happy ending (because hey, sometimes that’s the only anecdote that fits), be sure to talk about what you did gain from the situation.Although it was difficult   while I worked to resolve the issue, it taught me that nothing is more important than providing a superior customer experience.It was definitely a learning experience, and having worked with such a demanding client, I know I can work with anyone to get the job done.Like with your other STAR points, a couple of sentences should be all you need to summarize and wrap up your story.Practice beforehandIf you’re not all that comfortable with storytelling, this is definitely a skill you can build before you’re in the interview hot seat. Just like with body language or your handshake, practice until it becomes second nature! Grab a trusted person who can ask you general behavioral questions, and apply the STAR method to your conversation. If you do this enough times in your everyday life, you won’t be sitting in the interview thinking, â€Å"Okay, time for S. What’s the situation?† You’ll already be searching through your mind’s archive for the relevant anecdote.   Ã‚  If you prep for interviews with the STAR method, you can tackle any question an interviewer throws your way, even if it seems like it comes out of nowhere. Quick, to-the-point answers will impress your interviewer and demonstrate that you have one of the most important skills- thinking on you r feet.

How to Write a Memoir Breathe Life into Your Story in 8 Steps

How to Write a Memoir Breathe Life into Your Story in 8 Steps How to Write a Memoir: Breathe Life into Your Story in 8 Steps Learning how to write a memoir is like studying to be an archeologist. Not only do you have to dig deep and sift through the sands for fragments on the past, you then have to piece it all together and discover what the story is. To help you tell a compelling story based on your own life, we turned to bestselling ghostwriters on Reedsy to create our practical guide on how to write a memoir.  First, let's answer some of the big questions...What do traditional publishers look for in a memoir?In short, memoir publishers are looking for books with commercial appeal. If they don't think there's a strong market for your book, an editor will not likely take a change on you - regardless of your manuscript's quality. If a traditional book deal is something you have your heart set on, ask yourself the question: who does my book appeal to? Isolating a target readership will go a long way to convincing an agent or editor of your memoir's potential.Does your memoir belong to a specific category ?Before you start writing or even outlining your memoir, it’s important to figure out where your book fits within the existing market. Acclaimed ghostwriter Katy Weitz suggests researching titles from a number of popular categories to get an idea of the sheer variety of memoirs that have succeeded. Popular categories or genres includeNostalgia. Many people want books to transport them to another time and place and show them what life was like. Others enjoy recognizing their own experiences reflected back at them. Books that meet this requirement are often called nostalgia memoirs.Misery and Inspirational. Books that depict a difficult time in an author’s life aren’t intended to bum the reader out  - but to show triumph over adversity. The fact that the authors are writing a book about their experiences often serves as a redemptive final chapter in their personal story.Celebrity. Public figures have an inbuilt fanbase who just want to hear more about their adv entures doing the thing that they do. But that doesn’t mean there aren’t plenty of inventive celebrity memoirs.Sports. Sports stories often make for great books. After all, what's more dramatic than the thrill of victory or the crushing pain of defeat?Examples of successful memoirsTo give you an idea of the books that have sold well in each of those genres, here are just a few examplesNostalgia Memoirs While a book is often an opportunity to ‘tell your side of the story,’ don’t paint yourself as a complete hero or victim. Like any protagonist in a novel, it’s your strengths and weaknesses that will make you a compelling figure. Readers expect honesty and candor. If they sense that you’re stretching the truth or have an underlying agenda, they will quickly switch off.Mistake #2. Choosing a strictly linear narrative without considering the alternativesâ€Å"To help give order to the project, try to tell the story chronologically to start with,† says Andrew Crofts, the bestselling ghostwriter of over 80 books. â€Å"That way you can keep control of the narrative. If you jump about too much you will forget what you have already done and start repeating yourself. You can always change the chronology at the editing stage.†As Johnny Acton says, there are great reasons to chop-up the timeline:â€Å"A broadly chronological structure will make the book easier to follow but don't adhere to it too closely. Flashbacks and flash-forwards can be used to add interest.†Taking a cue from your favorite novels, you may find that playing with chronology helps to control the pace of your books and cut out ‘the boring bits’.For more advice, check out our guide to outlining a memoir.Mistake #3. Not getting an outside opinionAt some point, you might want to share a draft with a close friend or family member. Their feedback can be priceless, as they might remember events differently to how you've portrayed them in your book. Based on their reactions, you can choose to work in their suggestions or stick to your guns. However, it's also important that you get someone who doesn't know you to read your manuscript.â€Å"Always remember that the reader may not know what you take for granted,† says Johnny Acton. Beta readers who don’t know you that well can help you see when your stories need more background in formation (and when they’re not compelling or relevant enough).Professional editors are also an invaluable resource to tap into. On platforms like Reedsy, you can search for editors who have worked for major publishers on memoirs like yours. For those legacy project, a professional editor can help you focus in on the parts that matter; if you’re writing something with a commercial edge, they can make all the difference when it comes to selling your book.These are just a few tips that will help you get started. Along the way, you may encounter well-meaning and highly qualified people who will question why you think you should be writing a memoir. But if you have a story that you feel needs to be told, you shouldn’t let anyone stand in your way. Everybody has a story to tell: just make yours a good one, and the rest of us will come along for the ride.What are some of your favorite memoirs, written by both celebrities and non-celebrities? What about them makes them stand out in your memory?

Nursing Theory Essay Example | Topics and Well Written Essays - 1500 words

Nursing Theory - Essay Example As the report declares the Roy Adaptation Model has both scientific and philosophical aspects. The scientific aspect of the model Is systems of matter and energy progress to higher levels of complex self-organization. This discussion stresses that John B. Watson was a behaviorist and therefore he emphasized the study of observable behavior. His nursing model, rejected introspection &theories of the unconscious mind. The scientific and philosophical aspects of his nursing model were similar because of this. He described behavior in terms of terms of physiological responses to stimuli. Barone et al 1996. His theory and nursing model was primarily concerned with the increasing or decreasing of the likelihood of given response by manipulating the consequences of the response. Although Watson’s model is not very large on the philosophical tenets he did have a legitimate nursing model that is still implemented and taught in many schools of nursing to this day. Although both Roy’s and Watson’s models are widely accepted and taught there are some who argue that these models are not feasible. In regard to Roy’s model there are arguments that contend this model is in a sense to l iberal to work. By that it is meant that the model is too personalized and requires a one on one implementation of the model for it to work. Those who reject this model feel that it is not feasible for a nurse with other duties and obligations to have the time to render this type of aide to patients.

Asian Culture Assignment Example | Topics and Well Written Essays - 250 words

Asian Culture - Assignment Example In China for example, there is extensive application of Chinese traditional medicine which comes in various forms like balms, powders, tincture, pills together with raw herbs. The Chinese medical practice is majorly used as protective mechanisms to common bodily disorders; it extends to countries like Japan and Tibet. More over, the application of Chinese medicine has also been widely adapted in the Western Countries especially the USA where a good number of the population currently considers the use of Chinese medicine (Carteret 2011). The other common traditional Asian culture is the aspect of martial arts which is considered to be an imperative stage that every member of the population has to undergo. Martial art is practiced in countries like China, Korea, Japan and even Tibet. In China, there is the practice of Karate, Taekwondo and Judo; they are means that ensure a person maintains good health through constant practice and also develop personal defense mechanisms in the process of physical attacks. Such kind martial art has not only been adapted in the Western Region but also in other parts of the world for military purposes, health purposes and for leisure. Consequently, there is also the dimension of religious beliefs; each of the Asian countries practices unique religious practices however; some religious activities are shared among some of these nations. In India, there is Hinduism as the dominant religious practice; although there are other religious practices such as Buddhism, Hellenism and Brahmanism. Some of these religious beliefs such as Buddhism are shared among the Asian countries like in China and Tibet. The practice of such religious beliefs has also been extended to the Western Region where a good number of the population tends to resort to the Asian religious practices in periods of psychological

Critical analyzing Essay Example | Topics and Well Written Essays - 750 words

Critical analyzing - Essay Example The main reasons are convenience for students, lower costs, and time saving. According to statistics maintained by the National Center for Education Statistics (NCES), during the academic year 2006-07, nearly 4,200 U.S. institutions; approximately 66% of ‘degree-granting postsecondary institutions’ offered distance education courses involving over 12 million students. Of these, 77% were enrolled in online courses, 12% in hybrid courses, and 10% in other types of courses (ibid). In a matter of 3 years, the Nanyang Technological University (based in Singapore) has experienced remarkable growth in the last 3 years. They have introduced a myriad of applications. These include some professors-friendly e-learning applications as well. These applications have helped NTU achieve critical mass buy-in through the academic staff when the e-learning take up rate shot up to 85% of the overall existing course curriculum at NIT. This is the third running year of e-learning at NTU. Measures have been taken after a lot of careful consideration to infuse e-learning with interaction and collaboration. The more interactive this form of learning is the better and that has been the priority for this year. They want to humanize the existing e-learning form completely. They intend to so via active collaboration and student learning involvement. This includes, adding various new features to the current mechanisms and modes of e-learning at NYT. They are the use of video talking he ad format, live audio-video delivery, and text chat, document annotations of a lecture, presentations and delivery. The paper revolved around the processes that were adopted at NTU in adding the human touch to their routine e-learning projects. In a span of 3 years, almost 90 % courses at NTU have undergone the online learning process. Barriers for the completion of this process were very few. This was because, it was all carefully planned and only those technologies which were appropriate were

Employment information report Essay Example | Topics and Well Written Essays - 1000 words

Employment information report - Essay Example After much investigation, I have found that Akzonobel is a Dutch based multinational organization which is known for producing premium quality specialty chemicals, performance coatings and decorative paints. The company has its headquarter in Amsterdam and is divided into eleven business units. Akzonobel employees over more than forty thousand people in over eighty countries. The company is known to be making increasing profits each year and as of year 2014, the sales recorded were around fourteen billion. Akzonobel has a history of mergers and acquisitions. The recent merger took place with ICI paints in the year 2008. Akzonobel is a company where the growth of organization is as important as the growth of its employees. Here, people come from diverse backgrounds where they are allowed to perform freely based on their skills, experiences and talents. With extensive training, mentoring and coaching, the skills of employees are enhanced and the career development is given much signifi cance. Along with a handsome compensation package, the employees are offered a challenging yet comfortable environment where they could build up on their knowledge for present as well as future performance. As mentioned, I would like to apply for the position of HR manager in Akzonobel. After looking at the job responsibility listed on the web as well as interviewing one of the HR managers, I have made a summary of the job requirements and duties. Akzonobel has listed down the features which must be present in a candidates’ profile in order that his application be considered. He must have minimum of master’s degree in human resource, certification would be considered as a plus. The company will prefer someone who has been working in the same position with a multinational organization for at least five to ten years. The candidate is expected to be a local of the country so that he could understand and practice his knowledge as per the geographical

A concise report Case Study Example | Topics and Well Written Essays - 2750 words - 1

A concise report - Case Study Example Inasmuch as there seems to be so many opportunities in companies going global, businesses are expected to ensure that they develop effective business strategies and approaches that can enable them to keep pace with the great competition at this stage. In this regard, success in marketing seems to be among the best strategies that businesses operating globally can use as their competitive advantage. In deciding on the marketing approach, it is important that businesses understand the characteristics of the markets in which they are reaching in order to devise strategies that can appeal to the people in that market. With effective marketing, businesses can easily get their goods in shelves in wholesale and retail stores, which is necessary in order for them to be successful. Marketing strategies are not homogeneous, what may have been successful in the domestic market may not prove to be successful in the global market as well, which underpins the need for effective research and understanding of the global market before launching in the new market. This paper examines the different marketing approaches used by companies going global, focusing on the effectiveness of the relationship marketing approach as opposed to traditional/transactional approach in the global markets. The term â€Å"global marketing environment† is sometimes very complex to describe or explain since it encompasses various issues in the global business environment that are never constant, always changing. In order to have the best approach towards understanding what entails the global marketing environment, it is important that one examines some of the current literature and changes in the business environment. In the modern business world, the changing behavior and buying patterns of customers as the proliferation of many and new marketing channels have set up many new issues in the business environment

National Science Teachers Association Standards Essay

National Science Teachers Association Standards - Essay Example The NSTA standards are mostly for the teachers who teach science. These standards make sure that the teachers of all levels who teach science should have the capability and the ability to teach science to the students and they (teachers) have the ability to understand the subject as well. These standards also work as a measurement against the teacher's performance. The teacher has to give a satisfactory performance of his or her skills and knowledge about the subject in the science teacher preparation program. There are about 10 NSTA standards and they are Content is the first standard of NSTA standards. In content the teachers of science must be able to understand the subject the matter and its practices thoroughly. It is important that they understand the concepts and grasp the ideas and applications of the subject. The teachers must be able to convey the important concepts and the ideas and the applications of the subject to the students. The teachers are able to use mathematical calculations successfully that they can generate reports and process data and solve problems related to their field. It is very important for the teacher of science that they have a very strong content background in the field of science. Content standard basically includes the knowledge and the skills that learned by the teachers in their teacher's science curriculum. The content standard ... The teacher must have the grasp of their related field and have the capability to make the students understand the chemical kinetics, the physical and chemical properties, mole concept, fundamental concept of atoms and molecules, fundamental biochemistry and organic synthesis. The teacher should make the subject they are teaching interesting so that learning can take place. It can be done with taking field trips, teaching in such a way that it connects to real life, or through videos etc. Nature Of Science is the second standard of NSTA standards. The teachers, who teach science make the students learn how to differentiate between what is science and is non-science, make them understand the practice of science and the origins of science. The teachers themselves should also understand the goals and the values that are important in the development of scientific studies as well if they plan to teach the nature of science. The nature of science standard can be used in the school curriculum. The teachers should have the skill to engage students in the classroom to participate in the analysis of the scientific assumption and claims. The professors or teachers should be able to show that they can make the students participate in the study of nature of science. The teachers can provide the students with case studies, through seminars on the nature of science or through assignments or projects etc. Inquiry is the third standard of NSTA standards. The teacher who are teaching science engage the students in classroom discussions and make sure that the student takes an active participation in the learning through scientific inquiry. The teachers have to make sure that they can teach through inquiry, they have to

A concise report Case Study Example | Topics and Well Written Essays - 2750 words - 1

A concise report - Case Study Example Inasmuch as there seems to be so many opportunities in companies going global, businesses are expected to ensure that they develop effective business strategies and approaches that can enable them to keep pace with the great competition at this stage. In this regard, success in marketing seems to be among the best strategies that businesses operating globally can use as their competitive advantage. In deciding on the marketing approach, it is important that businesses understand the characteristics of the markets in which they are reaching in order to devise strategies that can appeal to the people in that market. With effective marketing, businesses can easily get their goods in shelves in wholesale and retail stores, which is necessary in order for them to be successful. Marketing strategies are not homogeneous, what may have been successful in the domestic market may not prove to be successful in the global market as well, which underpins the need for effective research and understanding of the global market before launching in the new market. This paper examines the different marketing approaches used by companies going global, focusing on the effectiveness of the relationship marketing approach as opposed to traditional/transactional approach in the global markets. The term â€Å"global marketing environment† is sometimes very complex to describe or explain since it encompasses various issues in the global business environment that are never constant, always changing. In order to have the best approach towards understanding what entails the global marketing environment, it is important that one examines some of the current literature and changes in the business environment. In the modern business world, the changing behavior and buying patterns of customers as the proliferation of many and new marketing channels have set up many new issues in the business environment

Performance Management System Essay Example | Topics and Well Written Essays - 1000 words

Performance Management System - Essay Example This especially most applies on the part of the sales person and among installers. The sales personnel under the marketing department and installers under the technical department are mostly the ones who usually undergo special performance evaluation activities. Although, the performance evaluation activities applies to all, sales personnel and installers are mostly receiving special treatment most particularly in product knowledge activities, as they are the ones who should know more about the company’s product in great detail. This paper focuses on the prevailing performance management system at XYZ Company including the description of the said organization’s performance management system, the type of performance appraisal used, and suggestion and evaluation of the effectiveness of its appraisal and performance management process. Description of XYZ’s performance management system At XYZ, it is all the function of the Human Resource Department to create a produ ctive design and training to initiate appraisal and corrective measures as integral components of its overall performance management system. Shown in the following figure is an illustration of the overall working performance management system at XYZ. Figure 1. XYZ’s performance management system model. ... Thus, the training is appropriate for the Human Resource Department so that the right method of appraisal and corrective measures if necessary should be implemented, accordingly. With this, they could substantially make use of whatever information they obtain at an optimum level. After this, the Human Resource Department will try to delegate the actual appraisal process to the department heads and supervisors in every department. They will then analyze the results and implement corrective actions and measures if necessary. Type of performance appraisal used The XYZ Company uses graphic rating scale to evaluate the performance of the employees. Graphic rating is one of the oldest ways in the evaluation of employees’ performance that involves listing the desirable qualities that the person being evaluated should posses and be rated with from certain range of quantitative or qualitative value (Mathis & Jackson 2011). The effectiveness of the performance appraisal process XYZ eval uates performance mainly for increase of salary and other benefits. Thus, employees have this common notion that performance appraisal is tantamount to having increase in salaries and obtaining additional benefits. On the part of the company, performance appraisal is a motivating factor because only those who receive salary increase will be evaluated in their performance. Performance appraisal should be a form of self-rating in order that employees should know how well they perform and on what ground the company should guide development (Daft & Marcic 2008). Based on this concept, the effectiveness of the performance appraisal process at XYZ at some point will not be remarkable as this would not

Effects of Globalization in China Essay Example for Free

Effects of Globalization in China Essay When it comes to globalization people will ask some questions. What is globalization? It seems that people who know little about globalization are out of date and lag far behind modern trends. Simon Jeffery (2002) asserts that globalization is the mixing of cultural and economic influences from around the world that has been going on for the last five hundred years. With the development of the global market in China, globalization plays an important role that is undeniably because China has the fastest growing economy in the world. Globalization provides good conditions for expanding international exchanges and strengthening mutual communication between different countries. Although there are many facets to globalization, the increasing acceptance of this concept has resulted in a certain homogenization of views, both economic and political as well as in cultural systems, but most noticeably in economics. (Diane Perrons 2004) The most obvious impact of globalization is as an economic phenomenon, the promotion of free trade in goods, both exports and imports, accompanied by the exchange of labour and services. China has a long history of trade, from the Han Dynasty onwards the Silk Road was the artery of communication which extended across continents as far as Rome itself, then the capital of a world empire. However, throughout the Ming and Qing dynasties China pursued a policy of economic protectionism, leading to a long period of isolation that was brought to an abrupt end with the Opium Wars. The resulting economic degradation enforced by the victorious British had such disastrous consequences for modern China that it was not until the advent of Deng Xiaoping and his reform and opening up policy that China’s development was accepted as inseparable from the outside world. (George T Crane 1999) In recent years the extent to which globalization has been gaining in popularity has increased at an amazing rate in China. The benefits of modern economic globalization since opening up are indisputably reflected in the nation’s booming economy so that China can only be considered undeveloped in comparison to the most developed nations. However, globalization does not always pose equal benefits and risks to all nations. With the developing of the economy in China, the inequality between developing countries and developed countries has been increasing and the gaps between the very poor and the very rich are becoming wider. China has an overwhelming advantage compared with most of the developing countries in terms of finance and the level of technology, culture and science but it is still the superpower countries and other developed capitalist countries which control the main situation of economic globalization in the world. Many people believe that opportunists, both individually and nationally, use globalization purely as a means to increase their profits at China’s expense. The advent of globalization in its present form would not have been possible without adaptations in national politics. Some view globalization as the means to create a form of world government or a union of governments, for example within the World Trade Organization, the World Bank and the International Monetary Fund, which helps to regulate the relationships between different countries and provide guarantees for the rights of peoples affected by the increase of economic and social globalization. (Francesco Stipo 2007) Recently, it has become more noticeable how the Chinese political authorities regularly cite the advances in ‘socialist construction’ and the vitality of new economic growth as an indication of national success. The association with other powers has encouraged the Chinese government to open up in all directions, by lowering tariffs, opening services to foreign competition, promoting exports and welcoming foreign trade the government has allowed a free exchange of ideas in all directions and helped China to become a more prosperous, strong, democratic and culturally advanced socialist country. Unfortunately, these benefits may carry a hidden danger. Since the end of the Second World War the United States has held an overall position of supremacy amongst the other nations of the world, a position which is enhanced by the power and wealth of the American economy. Due to the influence of globalization and to some extent the assistance of the United States’ itself, the People’s Republic of China has enjoyed a period of incredible growth within the last ten years. Should this rate of growth continue at the predicted levels over the next twenty years, there is a strong possibility of a major redistribution of influence among the leading nations. China could become the main rival of the United States and challenge America’s position as the world’s leading superpower. (Charles E Hurst 2007) It will take great political skill from fundamentally opposed ideologies to avoid serious resentment and possible conflict as a consequence of such a drastic shift in the balance of power. Alongside the other developments in globalization, there has been an increasing change to the original culture of China. According to David Held Anthony McGrew (2002), national societies developed during a long period in which people were mainly content to live within their own native cultures. Although the spread of the world’s major religions can be seen as an early form of globalization, which brought new ideas and made many social impacts, this was a relatively slow process taking decades and centuries in China. People migrating from other countries and holding different beliefs naturally find it difficult to adapt to local customs but China has a long history of absorbing whole populations with diverse ethnic backgrounds. As a result of the economic and political benefits brought by globalization, people have increased their standard of living and enjoy foreign products and ideas. Modern developments in communication are widely available even in the remotest regions and many people want to acquire the equivalent of a westernized urban lifestyle. On the other hand, those who are against this trend suggest that modern globalization creates an atmosphere where there is a possible danger of the original national culture disappearing and that it exerts a negative impact on the preservation of national characteristics. While globalization advocates an open face policy, many people see this as a threat leading to erroneous concepts and a lowering of ethical standards, a kind of selfish and individualistic lifestyle which is harmful. For example, the preference for Hollywood films, shoppers buying from international malls, more people eating western food and staying in luxury hotels. Increasingly, people want the chance to live in foreign countries where they can have this lifestyle but the resulting ‘brain drain’ is considered a problem since it is mainly the educated and skilled workers who are leaving China. Gregory Chow 2006) Globalization is changing an increasing number of people’s daily life in China and it is difficult to predict the eventual cost in cultural damage to such a traditional people. To sum up, from what has been discussed about globalization, how does this affect China and her position in the world? Globalization could be identified as the means to end any con flict between different interests because different groups of people hold different views, ideologies, perspectives and methodologies. Globalization might have the impetuous to resolve the complicated competition between China and other countries. However, China should take some measures to protect both the national and local culture and consider adjusting the economic pace in the rush to catch up with other countries. As to the result, it might be very difficult to safeguard against the worst aspects of globalization and to preserve China and maintain that unique heritage which is such a feature in the world.

Isadora Duncan :: essays research papers

The fine art of modern dance is like many other fields in that it is based on the actions and deeds of those who were pioneers in the field. These pioneers helped to mold modern dance into what it is today. Of the many people who are partially responsible for this accomplishment is Isadora Duncan. Duncan, often referred to as the â€Å"mother of modern dance,† inspired many other dancers to the extent that the art of dance would not be the same today without her many contributions.   Ã‚  Ã‚  Ã‚  Ã‚  Isadora Duncan who was born in the late 1870’s in San Francisco, was raised alongside three siblings by her mother alone. This may possibly be what led her to become in her own time what we today would considered to be a feminist. She fought against the many restrictions placed on women in her personal life as well as in her form of dance. Because she was such a feminist, Isadora Duncan was strongly opposed to marriage. For this reason both of her children were born out of wedlock, each with a different father. Duncan unfortunately lived a life filled with tragedy. Both of her children died alongside their nanny when a car that thy three were seated in, rolled into a river. Grief-stricken by the death of her children, Isadora’s dancing career was temporarily put on hold until she finally opened up a dance school. She later met a Russian man whom she fell in love with and married in order to be able to bring him to the United States. When she arrived in the United States with her new husband, she was unwelcome because of the fear that the Americans had for the Soviet Union at the time. Angrily, she left the United States vowing to never return again. Subsequently, her husband, who was not well mentally, loft her and eventually he committed suicide. Isadora Duncan’s life came to an end in a fittingly tragic manner when her scarf became entangled in the wheels of a car in which she was riding pulling her out the window of the car and strangling her as she was dragged down the street to her death.