Wednesday, May 6, 2020
Business Resource Planning System â⬠Free Samples to Students
Question: Discuss about the Business Resource Planning System. Answer: Introduction It is not common for businesses to operate without having accounting departments. The success of a business in most cases depends on the organizational structure of that company, which also often keeps on changing as the business grows. With an increase in business transactions, accounting has continually to become a very important aspect of an organization or business since the financial success or performance of the business is measured by the information provided in the company financial statements (Peppard and Ward, 2016, p. 2). It has led to development, adoption, and implementation of accounting software packages by many businesses or companies in a move to improve their operations and services to their clients. One of the companies recognized for the use of accounting packages in Australia is the Greenberg and Co. Chartered Accountants which are known for offering quality financial solutions to their clients. This study, therefore, seeks to provide an understanding of strategi c information systems employed in this company with a focus on the accounting information packages by understanding the current company structure and some of their operational challenges as well as understanding its interaction with accounting information software. Accounting information softwares are business applications software that has been developed or designed to record as well as process accounting transactions within a business by use of functional models. Some of the common modules include business trail balance, company payroll, billing, accounts payables and accounts receivable as well as a company or business general ledgers. Such accounting software functions as accounting information systems or strategic information systems (Cassidy, 2016, p. 3). The strategic information systems function as systems which merge business technology and business strategic planning to bring about a change in an organizational structure to a better on as well as help the company or business to execute its objectives as well as improve to meet the responses of the dynamic market conditions. The success of any business is dependent on its structure. Business structures are developed to help the company achieve its goals and objectives. Greenberg Co Company is dedicated to providing its clients with solutions to their business problems as well as help to come up with effective planning strategies for their prospective creditors. Organization structure defines the hierarchy as well as the scope of acceptable behavior within an organization (Lim and Perrin, 2014, p. 3). It can as well help or hinder the progress of a business towards accomplishing its goals. The common business structures used by many companies include functional, divisional as well as matrix structures. The functional structure allows each portion of a business to be grouped according to its purpose and its found to work well for the small businesses. The divisional structure is used mostly by large companies which operate in a wide geographical area. It helps meet the needs of the company more rapidly and specifically, however, its costly because of the size and scope of the business. On the other hand, a matrix structure is a hybrid of both the divisional and functional structure (Broida and Flora, 2015, p. 47). It provides the organization to enjoy both the benefits of the functional structure as well as those of the divisional structure. The Greenberg Co Company therefore due to its size and scope of its operations employs the use of the divisional structure. This allows the company to perform its activities and meet the demands of their customers as well as their employees. However, the company is experiencing some operational problems in providing services to their clients resulting from inefficiencies and financial errors due to its extensive nature of its business operations and its client base. In most case, the business has failed to meet the specific demands of its clients due to the large data especially the financial data and therefore enhancing room for errors in their service provision (Chang, 2016, p.1). A good company structure would allow the company make efficiency gains, poses the ability to poses or facilitate business restructuring as well as become flexible in rewarding and monitoring its key employees. For the company to achieve more efficiency and reduce common errors, the company needs to acquire an information system that will help them integrate their services. It can either obtain commercial software, custom software or ERP software. However, the decision of the acquisition of information system is depended on the existing structure of the company or business. Based on the structure the company needs therefore to modify the application for the employees as well as integrate it to create a systematic and coherent information system structure for the company. The commercial software is usually designed or developed for commercial purposes for sale to end-user and therefore may not meet the needs of the company to improve efficiency as it may not customize to the needs of the company. On the other hand, the custom software is specifically designed to company, organization or end user-specific needs (Starinsky, 2016, p. 4). However due to the nature and size of the operations of the Greenberg Company which involve different clients the software may not be efficient to meet the clients needs efficiently. The company, therefore, needs to adopt ERP software which allows the company an opportunity to use a system of company integrated applications to manage the business and automate the company back office related functions, services, and human resource functions. The company will be in a position, therefore, to integrate specific needs of the clients into the structure, automate some of the repetitive functions of the company such as some financial inquiries by clients on their financial reports or even overall business client services. For the Greenberg Co Company to achieve success in selling its financial products to their clients, it needs also to develop a system flowchart of the sales procedures in order to achieve maximum effectiveness to meet the demands of their clients. A flowchart represents some organizational steps, tasks, and decisions which the organization or company needs to take to achieve maximum effectiveness and success in its service provision to their clients. The figure below is a sample of a sales flow chart that can be developed or adopted by the Greenberg Company. The product assessment step gives the company an opportunity to evaluate the product after production and see whether the product qualities meet the demands of their customers or clients. The company will then develop a sale approach focusing on their prospective markets and develop the strategies to enter new markets (Mas et al. 2014, p. 98). It then assesses the different needs of their clients; if they meet the needs of their customers, the products are presented to their clients as well as meeting their clients objections and also commit themselves to the clients by offering to offer more services if called upon and lastly the company conducts a follow-up to get feedback from their clients on effectiveness of the product to the clients and the market at large. However, the system is subject to departmental control where the sales department may seem to make most decisions about the company products. Most decisions may seem to rely on the top management and not involving the emplo yees. This may end up being frauds in sales returns and proceeds. Due to the growth of the companys operations and frauds which may result from lack of clarity on sales returns the company, therefore, needs to develop or adopt an accounting software package that will help the company to record and process its accounting transactions using functional financial modules. The company can develop modules including accounts payables, general ledgers, payroll modules, billing as well as trial balance modules (Mueller et al. 2014, pg. 651). A company can have an option to choose from a variety of accounting packages including Quick Books, MYOB, Cash flow managers, Zero-online, sage among others. However the choice of the accounting package is depended on the ability of the system to calculate all payroll requirements, the ability to track the records of stocks, work in progress, the job orders and other tasks management requirements, the ability to handle multiple bank accounts as well as ability to separate financial records for each business or departmen ts (Blount et al. 2016, pg. 190). Based on the operations of the company as well as the scope and size of the company the company can adopt the use of Quick books which has been rated as one of the best accounting software due to the collections of the features it offers to its customers or users. The company can develop a number of company accounts; keep a track of company stock, debtors, creditors, suppliers, purchases as well as financial reports among other features. The growth of the company has however not been great as compared to her competitors in the market. However, the company has a relatively large market share with its services being provided to over 54 countries. It has relatively over 500 000 employees and controls a few other companies through partnerships. The company faces stiff competition from other firms dealing with similar products and offering nearly the same services with the greatest challenge and competition arising from the Walker Wayland chartered accountants company which has been the most growing company over the past years in Australia (Hafeez and Andersen, 2014, p. 3). The company has over 70 percent growth rate since 2011 and has a network of over 10other accounting firms. The acquisition of the regional accounting firms has been the source of its success in the industry which has provided the company with a great competitive advantage over her competitors. Acquisition of the small regional accounting firms reduced the competition the company was facing in the market as well as improved or increased the company client base or coverage and therefore increasing the company economies of scale (Geary et al. 2014, pg. 701). It also acquired the skills from other companies and integrated them to its operations leading to excellent service provision to their clients. The ability to meet diverse client needs in the market has also increased the company competitive advantage; however, the firm enjoys a competitive advantage due to the low cost of operation which also allows them to offer relatively cheaper products to their clients. The development and adoption of an accounting software package by the company have also brought some challenges to the employees and other users of the packages. One of the challenges has been lack of compatibility with the company programs. Since the system is not customized in most case the company uses the ERP system which only integrates the different applications modules of the company (Seethamraju, 2015, p. 490). Therefore in some businesses or departments, the system has not been effective due to this challenge of compatibility. The other common challenge has been the software has not been user-friendly to the employees. It is affected by the number restrictions of access to the software and the users cannot customize them according to their preferences and lastly the system has provided a challenge of security as many users are concerned since all these services are offered online or on the internet where the data can be accessed by foreign users (Starinsky, 2016, p. 12). Conclusion From the analysis above, it is evident that the company should seek to integrate these functions by adopting an ERP system. The ERP system adopted needs to be compatible with their current program as well as contains appropriate security features to enhance the security of the company data. It should also allow customizing features so that the system can be more users friendly. It is hence a system that will ensure the productivity, accounting management, and the general performance of the organization improves. List of References Peppard, J. and Ward, J., 2016. The strategic management of information systems: Building a digital strategy. John Wiley Sons. Cassidy, A., 2016. A practical guide to information systems strategic planning. CRC press. Starinsky, R.W., 2016. Maximizing business performance through software packages: Best practices for justification, selection, and implementation. CRC Press. Mas, J.F., Kolb, M., Paegelow, M., Olmedo, M.T.C. and Houet, T., 2014. Inductive pattern-based land use/cover change models: A comparison of four software packages. Environmental Modelling Software, 51, pp.94-111. Blount, Y., Abedin, B., Vatanasakdakul, S. and Erfani, S., 2016. Integrating enterprise resource planning (SAP) in the accounting curriculum: a systematic literature review and case study. Accounting Education, 25(2), pp.185-202. Lim, N. and Perrin, B., 2014. Standard Business Reporting in Australia: Past, Present, and Future. Australasian Journal of Information Systems, 18(3). Broida, M. and Flora, D., 2015.The status of computerized accounting software in small American businesses. Journal of Small Business Strategy, 1(1), pp.44-51. Mueller, D. and Mousseau, C.A., Bmc Software, Inc., 2014.Method for customizing software applications.U.S. Patent 8,832,652. Geary, N., Jarvis, B., Mew, C. and Gore, H., Precisionpoint Software Limited, 2017. Method and apparatus for automatically creating a data warehouse and OLAP cube. U.S. Patent 9,684,703. Seethamraju, R., 2015. Adoption of software as a service (SaaS) enterprise resource planning (ERP) systems in small and medium sized enterprises (SMEs). Information systems frontiers, 17(3), pp.475-492. Starinsky, R.W., 2016. Maximizing business performance through software packages: Best practices for justification, selection, and implementation. CRC Press. Hafeez, A. and Andersen, O., 2014. Factors Influencing Accounting Outsourcing Practices among SMEs in Pakistan Context: Transaction Cost Economics (TCE) and Resource-Based Views (RBV) Prospective. Chang, J.F., 2016. Business process management systems: strategy and implementation. CRC Press. Simkin, M.G., Norman, C.S. and Rose, J.M., 2014. Core concepts of accounting information systems. John Wiley Sons.
Wednesday, April 29, 2020
The Ethical Arguments For and Against the Life Saving Procedure
Introduction Ethical principles in health care dictate that caregivers should put patient autonomy into consideration particularly when determining the most appropriate interventions to save life and during end-of-life care (Thomas, 2004, p. 494).Advertising We will write a custom essay sample on The Ethical Arguments For and Against the Life Saving Procedure specifically for you for only $16.05 $11/page Learn More In most cases, advance directives including proxy, instruction, and combined directives play a vital role in terms of facilitating the decisions made by doctors relative to the patientââ¬â¢s wishes and those communicated by a surrogate. On the other hand, the Living Will, Health Care Power of Attorney, and the Advanced Health Care Directive do also serve the same purpose as other forms of advance directives (Pera Van Tonder, 2005). However, caregivers may find themselves in an ethical dilemma in case an incapacitated patient lacks an advan ce directive. This is the case scenario highlighted by Brudney in which the patientââ¬â¢s life partner (the closest family member) notes that the patient would not wish to undergo a high risk life saving procedure because of the perceived heath risks. In this essay, two key questions to the patientââ¬â¢s life partner are listed followed by discussions regarding the ethical arguments for and against the life saving procedure. Subsequently, the essay highlights the most appropriate steps that should be undertaken by the healthcare team in the decision-making process from the patientââ¬â¢s perspective. Key questions Considering that the patient lacks an advance directive, there is the need to ask the patientââ¬â¢s life partner the following questions; Why should your patient consider writing an advance directive, and if your patient decided to appoint you as a health care representative, what would be your responsibilities relative to your patientââ¬â¢s wishes? If your patient was in a position to make specific decisions while you still stand in as the health care representative, would your patient allow other family members to participate in decision-making? Arguments for and against the lifesaving procedure The fact that the autonomy of patients and their family members should be respected in any decision-making process before administering any medical intervention cannot be overstated; however, there is the need to understand that health care is a service that involves trained and specialized professionals whose clinical decisions are based on intellect and conscience (Burke, 2010). Besides, with the recent advancements in technology and information sharing within the health care sector, there is reason to believe that the decisions made by health care professionals are evidence-based. Thus, the perceived health risks raised by the patientââ¬â¢s life partner may not hold before weighing the overall health outcome of the lifesaving procedure against the health risks involved.Advertising Looking for essay on ethics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Conversely, before administering the procedure, it is ethical to obtain an informed consent from the patientââ¬â¢s family members who should be given the opportunity to represent the wishes of the patient accordingly (Pera Van Tonder, 2005). Furthermore, there is no way the caregiver can disregard the issues raised by the patientââ¬â¢s life partner without restoring this personââ¬â¢s confidentiality relative to the benefits and risks associated with the lifesaving procedure. Overall, the caregiver should bring the life partner into perspective of the ethical issues for and against the procedure while factoring in the issues raised by the life partner. The decision-making process from the perspective of the incapacitated patient The absence of an advance directive in this case scenario puts the healthcare team i n an ethical dilemma. However, taking the place of the patient, my hope will be that the healthcare team will invite the contribution of other family members besides the life partner before making the final clinical decision. Here, all parties involved should discuss the benefits, risks, and possible complications of the planned procedure before settling on the most appropriate and ethical decision. Further, I will also hope that the decision-making process will be informed by the principles of ethics in healthcare, evidence-based care processes, and the healthcare rights of conscience, which dictate that the decision-making process should aim to achieve quality care at low costs, positive outcomes, and reduced health complications without contravening the medical malpractice standards (Burke, 2010, p. 471). Conclusions The foregoing discussions highlight the ethical considerations involved in administering high risk lifesaving procedures in the absence of an advance directive from the incapacitated patient. From the discussions, it is certain that the absence of an advance directive can make the decision-making process rather difficult in different clinical cases involving incapacitated patients. However, with a strong moral and ethical foundation that incorporated the principles of evidence-based healthcare, any healthcare team should be able to achieve the expected results that suit all the parties involved. References Burke, D.M. (2010). Healthcare rights of conscience: A survey of federal and state laws.Advertising We will write a custom essay sample on The Ethical Arguments For and Against the Life Saving Procedure specifically for you for only $16.05 $11/page Learn More Americans United for Life. Retrieved from https://www.scribd.com/document/41170730/10-Healthcare Pera, S.A. Van Tonder, S. (2005). Ethics in healthcare (2nd ed.). Lansdowne: Juta Co. Ltd. Thomas, E.D., Blume, K.G., Forman, S.J., Appelbaum, F.R. (2004). Tho masââ¬â¢ hematopoietic cell transplantation (3rd ed.). Malden: Blackwell Publishing Ltd. This essay on The Ethical Arguments For and Against the Life Saving Procedure was written and submitted by user Kohen Bentley to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Monday, April 13, 2020
My Sample Sociology Essay Contradicts Two Perspective
My Sample Sociology Essay Contradicts Two PerspectiveIs it really possible to write a sample sociology essay that is both informative and interesting? Can one be innovative, yet still have a tried and true method of writing? Shouldn't a good sample essay always retain the reader's interest and stir their imagination? I'll tell you my own sample of this type.The story of Ivan Drago, a Russian war hero, going to Cambridge University and joining its sociology department, seemed like an intriguing tale to me. A sample essay with my own distinctive version of the story was born.My first attempt at a Sample it was rather different from what many people use. I used the well-known example of Plato and portrayed it as a modern story. This made a lot of sense in terms of the composition of my sample essay. I could write a piece that was sociological in the first instance, but still retained its educational, and literary, value. In my opinion, my readers were more likely to keep returning to th is more contemporary view, even if they did not understand what exactly I was talking about.So, in order to avoid repeating myself, I've modified my Sample it slightly. I've used a very similar narrative to that of I. I think it is much more dramatic and can evoke much more interest in my readers. The good news is that I didn't have to pay any more attention to the comparative method, and could still include what I was after: the human aspect of the story.One characteristic of my Intro to is the importance of a point of view. The reason that I wrote it this way is that in order to get across what I wanted to say, I needed to capture the reader's imagination. A typical example of a sociological essay would be this: 'The author is going to present his opinion on the moral and social values of America, so far as Russia is concerned, and will explain why he thinks that Russia is much better than America'. The idea behind my sample was that the writer would be seen as a scholar, and the facts would reinforce his position.The next characteristic of my sample is is that I keep the reader's attention until the end. I've now included a number of follow-up questions in a small book entitled Postscript. The main purpose of these questions is to see how effective they are in getting the story across.As a result, my research over the last year has led me to believe that the most successful writers don't always use the traditional method of writing an essay, but instead decide to use an editorial technique that includes research and analysis. Another aspect of this study is the value of following up. If the reader is thoroughly engrossed, they will be more likely to continue reading. I hope you find my methods useful.
Friday, March 20, 2020
Shifting Meaning of Censor
Shifting Meaning of Censor Shifting Meaning of Censor Shifting Meaning of Censor By Maeve Maddox The English word censor is used both as a noun and as a verb. In ancient Rome, a censor was one of two magistrates in charge of the census, the enrollment of the names and property assessments of all Roman citizens. Both census and censor derive from Latin censere, to appraise, value, judge. In addition to maintaining census records, the Roman censors were in charge of supervising public morality. During wartime, military censors are appointed to read the letters of service personnel to insure that no information about troop movements can be intercepted by the enemy. Some modern countries have official censors whose duty is to inspect all books and movies before publication or release to ensure that they dont contain anything offensive to the government or the established religion. India, for example, has the Central Board of Film Certification that reviews, rates, and censors motion pictures, television shows, television ads, and promotional material. Before the current classification system of G, PG, PG-23, R, and NC-17 was established in 1968, the United States motion picture industry was subject to the Motion Picture Production Code for controlling movie content and advertising. Unofficially, many groups and individuals exert themselves as self-appointed censors of the public morality, working to ban books from libraries, or objectionable CDs and magazines from store shelves. The usual meaning of censor as a verb is to suppress or remove those parts of a written work or film that are considered unacceptable for some reason. For example, in the 19th century, a bowdlerized edition of Shakespeares plays was published without such naughty parts as the porters scene in Macbeth. In the 21st century, an overzealous college professor has produced a censored edition of Huckleberry Finn. One normally censors a thing, but Im beginning to notice the word being used of people, as if it meant limiting the behavior of: Croteau and Hoynesdescribe managers censoring their employees In truth, it is totally up to the parent to censor their children to what they read and watch. Dont Censor Me (song title) I found one writer using the word censor as if it could connote magical powers of elimination: How can I censor The Epic of Gilgamesh from existing? [] How can I take this book out from my local libraries so that no one can read it The development of filtering software, often referred to as censorware, probably has something to do the shift from a thing as the object of censor to a person as the object. Censorware prevents computer users from seeing certain types of content in a browser. The software is censoring content, but from the users perspective, the users freedom of choice is being interfered with. Not surprisingly, the word censor is coming to mean something like control. Bottom line: Parents may censor the type of music their children listen to, but they dont censor their children. Corporations may censor the speech of their employees, but they dont censor the employees. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Misused Words category, check our popular posts, or choose a related post below:Has vs. HadDifference between "Pressing" and "Ironing"Is "Number" Singular or Plural?
Wednesday, March 4, 2020
Major Samuel Nicholas, USMC in the American Revolution
Major Samuel Nicholas, USMC in the American Revolution Samuel Nicholas - Early Life: Born in 1744, Samuel Nicholas was the son of Andrew and Mary Shute Nicholas. Part of a well known Philadelphia Quaker family, Nicholas uncle, Attwood Shute, served as the citys mayor from 1756-1758. At age seven, his uncle sponsored his admission to the noted Philadelphia Academy. Studying with the children of other prominent families, Nicholas established important relationships which would aid him later in life. Graduating in 1759, he earned entry into the Schuylkill Fishing Company, an exclusive social fishing and fowling club. Samuel Nicholas - Rising in Society: In 1766, Nicholas organized the Gloucester Fox Hunting Club, one of the first hunt clubs in America, and later became a member of the Patriotic Association. Two years later, he married Mary Jenkins, the daughter of a local businessman. Shortly after Nicholas married, he took over the Connestogoe (later Conestoga) Wagon Tavern which was owned by his father-in-law. In this role, he continued to build connections across Philadelphia society. In 1774, with tensions building with Britain, several members of the Gloucester Fox Hunting Club elected to form the Light Horse of the City of Philadelphia. Samuel Nicholas - Birth of the US Marine Corps: With the outbreak of the American Revolution in April 1775, Nicholas continued to operate his business. Though lacking in formal military training, the Second Continental Congress approached him late that year to aid in establishing a marine corps for service with the Continental Navy. This was largely due to his prominent place in Philadelphia society and his connections to the citys taverns which Congress believed could furnish good fighting men. Agreeing, Nicholas was appointed Captain of Marines on November 5, 1775. Five days later, Congress authorized the formation of two battalions of marines for service against the British. With the official birth of the Continental Marines (later US Marine Corps), Nicholas had his appointment confirmed on November 18 and was commissioned as a captain. Quickly establishing a base at Tun Tavern, he began recruiting Marines for service aboard the frigate Alfred (30 guns). Working diligently, Nicholas raised five companies of Marines by the end of the year. This proved sufficient to provide detachments for the ships of the Continental Navy then at Philadelphia. Samuel Nicholas - Baptism of Fire: Having completed recruiting, Nicholas took personal command of the Marine Detachment aboard Alfred. Serving as Commodore Esek Hopkins flagship, Alfred departed Philadelphia with a small squadron on January 4, 1776. Sailing south, Hopkins elected to strike at Nassau which was known to have a large supply of weapons and munitions. Though warned of a possible American attack by General Thomas Gage, Lieutenant Governor Montfort Browne did little to bolster the islands defenses. Arriving in the area on March 1, Hopkins and his officers planned their assault. Coming ashore on March 3, Nicholas led a landing party of around 250 Marines and sailors. Occupying Fort Montagu, he paused for the night before advancing to occupy the town the next day. Though Browne had managed to send the bulk of the islands powder supply to St. Augustine, Nicholas men captured a large number of guns and mortars. Departing two weeks later, Hopkins squadron sailed north and captured two British ships as well as fought a running battle with HMS Glasgow (20) on April 6. Arriving at New London, CT two days later, Nicholas traveled back to Philadelphia. Samuel Nicholas - With Washington: For his efforts at Nassau, Congress promoted Nicholas to major in June and placed him at the head of the Continental Marines. Ordered to remain in the city, Nicholas was directed to raise an additional four companies. In December 1776, with American troops forced from New York City and pushed across New Jersey, he received orders to take three companies of Marines and join General George Washingtons army north of Philadelphia. Seeking to regain some momentum, Washington devised an attack on Trenton, NJ for December 26. Moving forward, Nicholas Marines were attached to Brigadier John Cadwaladers command with orders to cross the Delaware at Bristol, PA and attack Bordentown, NJ before advancing on Trenton. Due to ice in the river, Cadwalader abandoned the effort and as a result the Marines did not take part in the Battle of Trenton. Crossing the next day, they joined Washington and took part in the Battle of Princeton on January 3. The campaign marked the first time that US Marines served as a fighting force under US Army control. Following the action at Princeton, Nicholas and his men remained with Washingtons army. Samuel Nicholas - The First Commandant: With the British evacuation of Philadelphia in 1778, Nicholas returned to the city and re-established the Marine Barracks. Continuing recruiting and administrative duties, he effectively served as commandant of the service. As a result, he is generally considered to be the first Commandant of the Marine Corps. In 1779, Nicholas requested command of the Marine Detachment for the ship of the line America (74) then under construction at Kittery, ME. This was denied as Congress desired his presence in Philadelphia. Remaining, he served in the city until the service was disbanded at the end of the war in 1783. Samuel Nicholas - Later Life: Returning to private life, Nicholas resumed his business activities and was an active member in the State Society of the Cincinnati of Pennsylvania. Nicholas died on August 27, 1790, during a yellow fever epidemic. He was buried at the Friends Graveyard at Arch Street Friends Meeting House. The founding officer of the US Marine Corps, his grave is adorned with wreath during a ceremony each year on November 10 to mark the services birthday. Selected Sources Major Samuel Nicholas USS Nicholas: Samuel Nicholas
Monday, February 17, 2020
Employed in 'Sao Mai' Essay Example | Topics and Well Written Essays - 1250 words
Employed in 'Sao Mai' - Essay Example He is given with the charges of directing, monitoring and managing almost every operational process in the company. His responsibilities in the company include managing a group of 20 architects and engineers along with taking any decision for the benefit of the company. He completely utilizes his power to accomplish his targets that assists the company to grow. Discussion The power gained by Mr. Tam Nguyen has three sources. These are interpersonal source, vertical or hierarchical source and horizontal or situational source. The influences of these sources on the power of Mr. Tam Nguyen are as follows. Interpersonal Powers Person Based power The personality traits of Mr. Tam Nguyen play a vital role in making him the most powerful employee in ââ¬ËSao Maiââ¬â¢. He has been associated with the company over a long period. This gave him a considerable experience to control the organizational processes with efficiency. He is also a good trainer because he always keeps pressure on hi s subordinates to perform better increasing the potentiality of the workforce. He is a very ambitious in directing his subordinates that creates tremendous pressure over the workforce. This often tends to hinder the morale of the employees giving rise to the turnover rate. He desires the entire workforce to perform as he did without providing consideration to the eligibility of the employees. His current position in the company is certainly due to his personal qualities that has a significant influence on the CEO as well. Position Based power Mr. Tam Nguyen is assigned to segregate the diverse construction project related responsibilities including designing and allocation of resources. This is generally determined on the basis of the abilities and competences of the architects and engineers. The responsibilities are also often segregated according to his choice and perceptions. His responsibilities include convincing and persuading the clients regarding any impasse with ââ¬ËSao Maiââ¬â¢. He is also solely responsible for taking any decision regarding financial matters or employee evaluations. He possesses the liberty to offer bonus or rewards to the high performers of ââ¬ËSao Maiââ¬â¢. He is also liable to terminate any employee in case of inefficiency. Mr. Tam Nguyen liberally utilizes his position based powers over the employees of ââ¬ËSao Maiââ¬â¢. He often praises the performing employees and motivates them to work harder. He also tends to terminate inefficient employees whose acts might have hindered customer satisfaction or the commitment of the company towards its services. Whatever the decision he takes is explicit within the knowledge of every employee in ââ¬ËSao Maiââ¬â¢ that creates a pressure on the workforce to perform better. Vertical/ Hierarchical Based Power In case of urgencies, Mr. Tam Nguyen possesses the authoritative rights to approve certain changes in the blueprints of the construction projects to satisfy the cus tomersââ¬â¢ demands. He believes that maintenance of long term relationship with the clients is crucial as customers are the fundamental elements of any organization. Once, a client wished to make certain changes in the blueprint of the house. He wanted to elevate the designs of the roofs of the window and the door at a reasonable cost. This was likely to hinder the quality of the project causing safety issues. The proposal was approved so to retain a good relationship with
Monday, February 3, 2020
TeliaSon Era and Google (Competition Law) Dissertation
TeliaSon Era and Google (Competition Law) - Dissertation Example However, it can be agreed that attaining this desirable status, in which all stakeholders benefit optimally, is relatively challenging. Coupled with increased pressure from the market to make profits, most business persons have opted for satisfying their needs at the expense of the consumer. Furthermore, individual business entities have gone to great lengths to attain and maintain a competitive edge in the markets that they explore. In essence, they take measures that are geared towards enhancing their performance and outperforming their counterparts. They have adopted malpractices such as collusive price fixing, predatory pricing, tie-up sale, discriminatory pricing and creating barriers to market entry amongst others. These trends have had adverse effects on both the consumers and other business persons in the market. To address these, regulatory policies have been put in place. Perhaps one that has been more effective in addressing the preceding concern is competition policy. Com petition policy constitutes a set of measures adopted by the government which direct the behavior of the businesses as well as the structure of the entire business industry. Their main aim is to maximize the welfare of the affected stakeholders and promote effective and efficient performance. They provide useful insights regarding how business entities and individuals can explore the market and enhance healthy competition. Further, they offer guidelines regarding how to prevent anti competitive practices that hurt the industry and undermine sustainable growth and development. At this point, it cannot be disputed that unfair competitive practices promote aggression that has detrimental effects on the performance of businesses. In... As globalization trends continue to grow complex and intricate, firms are increasingly being compelled to adopt approaches and practices that can enable them to attain and maintain a competitive edge in the market. This has prompted them to in some instances adopt practices that have harmful effects on their competitors as well to the consumer base. Monopolistic firms have particularly been affected the most because of their influence in the market. Coupled with their ability to make critical decisions regarding the products and services that they provide, the inherent power has made them to make decisions that have negative effects on their respective industries. Legal provisions have been established on a national, regional and international scale to guide their behavior in this regard. This ensures that the decisions that they make do not affect the functioning of the market and the general wellbeing of the market. Competition law has particularly been imperative in ensuring that this behavior or that their practices are economically viable. One of the tendencies that have been noted in the market pertains to violation of the competition law through margin squeeze.
Subscribe to:
Posts (Atom)