Discussion Boar 5-1 Assignment Example | Topics and Well Written Essays - 250 words

Discussion Boar 5-1 - Assignment Example However, group leaders need to demonstrate caution and avoid selecting exercises that can infringe on any member. Properly chosen exercises can make proper and appropriate techniques to help drive a counseling group work towards achieving its desired goals and objectives (Haley, Morina & Brown, 1998). Careless structuring of the exercises can turn be detrimental to the group’s efforts to achieve the set objectives and desired change. Corey’s counseling group is an example of group work that employed structured exercises selected in a careful manner and guided by easy laws. This means that the exercises were optional and members could engage or perform any exercise deemed to be in line with the members’ beliefs and diversity. Employing more exercises in the Corey’s counseling group could lead to particular challenges and inconveniences. Since the group included people from diverse backgrounds, it was easier for the group to appear as breaching beliefs and certain innate differences. More exercise could have worked to expose certain inefficient characters of the members, which they would want to conceal. This would mean underachievement and dissatisfaction of the members with the progress made by the group at the end if its session (Corey, Corey & Corey, 2006). Corey’s counseling seem to have avoided more exercises for fear of breaching principles of diversity that would happen if the exercises demanded exposure of secret information of the members. From the guideline, it is important for group leader to perform thorough screening during the recruitment and initial stage of the group. This can help identify and obtain adequate information on the likes and dislike of the members (Haley, Brown & Morina, 1998). Haley, L. Morina, B. & Brown, S. (1998). Association for Specialists in Group Work: Principles for Diversity-Competent Group Workers. retrieved September 21, 2013 from:

Ethics Dilemma Paper Essay Example for Free

Ethics Dilemma Paper Essay ETHICS DILEMMA PAPER One of the most difficult things in the criminal justice field is related to ethics in the criminal justice profession. Whether it being a corrections officer, police officer, or a judge. The main goal is to ensure you as a professional are making the right decision for the greater good and that it falls within the guidelines that are set before you in the laws that have been written. In the recent dilemma that occurred in Broward County on February 19, 2014 is an example of an ethics dilemma in the criminal justice field that happens much too often. I will explain to you the nature of the dilemma, the ethical/unethical decision that was made, the outcome of the situation, and suggest some alternative courses of actions that could have taken place instead and why. NATURE OF THE DILEMMA On February 19, 2014 a Broward County Sheriffs deputy of 20 plus years on the force conducted a traffic stop of a vehicle traveling unlawfully in the HOV (High Occupancy Vehicle) lane. Once the deputy had the vehicle stopped he was informed by the woman in the drivers seat that she was recording him conducting the traffic stop. Once the sheriffs deputy gained knowledge of  this he proceeded to force his way into the womans vehicle trying to grab her phone, then pulling her out of the vehicle and dragging her onto the ground causing injuries in several places as another deputy stood by with his gun drawn. All the while this was going on he continued to yell at her stating she was committing a felony and telling her I know the law better than you , and placing her under arrest. The ethical dilemma this situation brings forward is: was the actions taken by this deputy really necessary and justified on an ethical basis? (Miller, 2014). ETHICAL DECISION MADE In this particular situation an unethical decision was made based on the circumstances of the incident at hand. The deputy was committing a crime (felony) himself by unlawfully forcing his way into her vehicle, and detaining her against her will for a crime she did not commit. All for a simple civil infraction (driving in an HOV lane), that could have been handled in a totally different and professional manner. This was the only law the woman was breaking at the time, and the only probable cause the deputy had to go on for the actions that he took. OUTCOME OF THE SITUATION Once the dust settled upon this unfortunate situation, the deputy assumed and thought that the woman was breaking the law by recording the audio and video of the deputy. He assumed that he had to give the woman permission to audio record him. Unfortunately to his disadvantage the Florida courts ruled upholding a expectation of privacy provision (Silverman, 2012) to their all-party law, which the courts ruled does not apply to on-duty police (or anyone in public), as long as you are not interfering with them in conducting their duty. In this particular case the deputy appeared to be uneducated in this revision to the law that the law enforcement agency clearly neglected to educate its department on. ALTERNATIVE COURSES OF ACTION/ WHY According to the situation at hand some of the alternative courses of actions that the deputy could have taken and the woman that was being stopped could have been drastically different. Ethically speaking the deputy could have not taken his actions to the extreme that he did all over the simple recording violation that he thought the woman was committing. His life was not in danger nor was there any indication of any physical threat coming from the woman. The deputy totally handled that situation in a very unprofessional and unethical manner. On the other hand the woman could have easily been justified in using deadly force on the deputy if he was not a law enforcement officer. She would have been justified well within the guidelines of Floridas Justifiable Use of Force law considering he unlawfully forced his into her car and violently dragged her out. Fortunately for him he was a law enforcement officer or he could have been killed. Another course of action for the sheriffs deputy and the department could have been to properly educate themselves and their officers of the most current laws regarding these types of situations. In addition to making sure each and every deputy gets a refresher course on the necessary use of force procedures every few years. CONCLUSION In conclusion of this ethical dilemma situation, what I can draw from this is several things. One being always treat people in a way I would like to be treated unless circumstances dictate otherwise; it is the right and ethical action to take. Sometimes we just do not get that luxury of doing such an action when dealing with certain types of people and situations and yes certain actions are necessary. Always take the time to educate yourself on certain laws or information you are not sure of before acting on what you think may be correct. Just like the famous saying, Ignorance of the law is not an excuse, and this is very true but it does go both ways for law enforcement and the public. References Miller, C. (2014). Photography is not a crime. Retrieved from http://photographyisnotacrime.com/2014/02/19/broward-sheriffs-deputy-violently-attacks-woman-recording-traffic-stop/ Silverman, S. (2012). Reason.com free minds and free markets. Retrieved from http://reason.com/archives/2012/04/05/7-rules-for-recording-police

Comparing Shakespeare’s Romeo and Juliet and Otway’s History and Fall of Caius Marius :: Comparison Compare Contrast Essays

Shakespeare’s Romeo and Juliet and Otway’s History and Fall of Caius Marius William Shakespeare’s well-known play Romeo and Juliet addresses the ill-fated love of two young children from feuding households set in Verona. Over the centuries since the play was first published around 1595, many different versions have been produced and reproduced. While the basic story remains the same in these different renditions, certain aspects of the play are handled very differently. Thomas Otway wrote one of the most varied versions in 1680 entitled The History and Fall of Caius Marius. Set in ancient Rome this version focuses much more on politics than a story of true love. With this variation many of the characters are in much varied roles. One of the most obvious character disparities is found in the title character of Romeo, or Marius junior as he is called in Otway’s version. While both versions of the male lead go through little or no character development, Romeo and Marius junior are very different in their regard and understanding of filial duty and responsibility. Due to the political context of Caius Marius, Marius junior is much more aware and receptive of his filial and social duty, while Romeo rejects any sort of filial or social responsibility. Romeo and Juliet was first published around 1595. At this time in England the family was one of the most central and pivotal figures of social order. Children were expected to honor and obey their parents and seek their assistance in any decisions made. Especially in choices made concerning marriage. At this time children were finally able to take a more active role in choosing their husband/wife, but parents were essentially given the final decision (Amussen 94). Romeo and Juliet took it upon themselves to make such an important decision and hardly even considered their parents in the process. During the first half of the 17th century the average age for a woman to marry was 26 and for a man, 28 (Amussen 86). Shakespeare’s central characters are barely entering their teen years. As a son coming of age, and more importantly the singular male heir for the Montague family, Romeo should be entering University to prepare himself for handling the family fortune, not marrying in sec ret. This is merely the beginning of his show of irresponsibility towards his family and ultimately the role he is meant to play in society.

Estimation of Production Function of Public Sector Banks

Project| Estimation of Production function of Public Sector Banks | | | Contents 1. INRODUCTION3 2. Methodology4 2. 1General Approach:4 2. 2Data Collection:4 2. 3Data Processing:5 2. 3. 1Nature of Banks:5 2. 3. 2Nature of Variables:5 2. 3. 3Assumptions in the treatment of Variables:5 2. 4Data Analysis:5 2. 4. 1Objective of the Analysis5 2. 4. 2Production Function Relationship:5 2. 5Limitation8 3. Data analysis and Results9 4. Conclusion15 5. Bibliography16 1. INRODUCTIONThe structure of the banking industry has undergone sweeping changes in the past two decades. In response to heightened competition from non-bank financial firms enabled by technological progress among other factors, banks have been expanding both the scale and scope of their operations, largely through consolidations. This merger wave coincides with extensive deregulation, which has removed restrictions on product offerings and interstate banking. These changes have motivated many studies. The estimation of bank prod uctivity and returns to scale is of particular nterest because of its broad practical applications and important policy implications The Banking Sector is characterized by multiple inputs and outputs that are associated with various attributes, such as different types of deposits, loans, number of accounts, classes of employees and location of branches. Transformation in terms of moving from high operating cost, low productivity and high spread to being more efficient, productive and competitive has been an important challenge for the banking sector in India.Recent years have witnessed substantial research efforts that have been devoted to measuring the efficiency and productivity of the banking industry. However, assessment of performance of banks has been a problematic one because of the unresolved questions concerning inputs and outputs. In the absence of any coherent definitions, researchers have used a variety of inputs and outputs, mostly based on an intermediation or producti on approach. The study of the Indian banking sector is of special interest for multiple reasons.Besides being one of the fastest-growing emerging economies of the world, India has one of the largest state-owned banking systems and generates employment of around 1 million people. Secondly, the vast network of around 70,000 commercial bank branches provides the base of the finance-led growth and development process in India. Thus the issue of efficiency and productivity of banks in India is particularly important. In the aforementioned context we define productivity as a concept that involves the transformation of resources into final goods and services.Production function is a function that specifies the output of a firm, an industry, or an entire economy for all combinations of inputs. It indicates the highest output that a firm can produce for every specified combination of inputs. This function is an assumed technological relationship, based on the current state of engineering kno wledge; it does not represent the result of economic choices, but rather is an externally given entity that influences economic decision-making. Almost all economic theories presuppose a production function, either on the firm level or the aggregate level.In this sense, the production function is one of the key concepts of mainstream neoclassical theories. In micro-economics, a production function is a function that specifies the output of a firm for all combinations of inputs. 2. Methodology 1 2 3. 1 General Approach: This section describes the general approach taken for the analysis of the Production function of the Public Sector Banks (PSBs) in India. A bank for its operation takes several inputs and generates several outputs. For e. g. the typical inputs are Employees, Capital for operation, Reserve & Surplus, number of Branches, number of ATMs of a bank etc.Its output is typically the Loan (Advances), Interest Income etc. Since Multiple Regression is used so the production outp ut is taken only one at a time. Also, only two input variable at a time is used, though several regression analysis have been done for different combinations of input and output to get the most reasonable and best approximate relationship. However, a bank uses any number of variables as input simultaneously. A bank measures its performance among other parameters on how much Loan or Credit it has disbursed in a fiscal year or how much Deposit it has collected from the customers etc.Though such data in isolation may not be a true estimate of the efficiency of the business because unregulated disbursal of loans may cause Non Performing Assets (NPAs) which will lower the Retained Earning of the Bank but since the report is concerned only with the Production function of the PSBs hence no comment will be made on this aspect. Similarly how competitively the Deposits have been taken will not be a subject matter of this report. The Methodology of the report is to be first gather relevant inp ut/output data from authoritative source.The data so obtained are processed and any assumptions made for their subsequent analysis is clearly defined. In the next phase the data analysis is done wherein suitable regression technique is used to generate the relationship between the input variables and the Production output. Finally the Interpretation is done to assign the meaning to such endeavor. 3. 2 Data Collection: The data for the Public Sector Banks (PSB) in India for the following variables have been collected from the Reserve Bank of India’s (RBI) official website for the fiscal 2004-05 to 2008-09: Deposits * Capital * Loans & Advances * Labour * Interest Income 3. 3 Data Processing: Nature of Banks: All the 20 Nationalised Banks including IDBI as well as all the Associate Banks of the State Bank of India have been considered for the study. Thus a total of 27 banks has been focussed from the fiscal 2004-05 to 2008-09 for their Production output vis-a-vis different inpu ts. Nature of Variables: For the Banking Sector there are few variables which are clearly treated as input variables and output (production) variables.Example includes Labour and Loan (Advances) as input variables and Interest Income as output variables. But their are variables like Deposits which are ambiguous in their treatment as either input or output. It is input because to disburse loan which is an output the bank requires deposits. It is this deposit which is finally disbursed as loan. However, Deposit is treated as Output because the performance of a Bank is measured among other parameters by how much Deposit it has been able to generate in a fiscal year. For our analysis we treat Deposits as Output/ Production variable.Assumptions in the treatment of Variables: 1. It is assumed that the cost of per unit Labour is constant and same across all banks. Thus we may take the Labour as a quantity across all banks as an input variable, without bothering about the variable wage rate for each labour i. e the Cost of Labour is a linear function of the quantity of Labour. 3. 4 Data Analysis: Objective of the Analysis The report wish to obtain the following objectives: * To establish a mathematical model of Production Function for PSBs in India. * To analyze the regression coefficients obtained vis-s-vis the PSBs’ input and output. To analyze the regression coefficients for specific banks over five years Production Function Relationship: To estimate the one variable Production output function for an economic entity the Cobb-Douglas Production Function is widely used. For the Banking industry the report establishes the relationship between the following input variables and the Production output variable: (A) For all the 20 Nationalised Banks (including IDBI) along with the Associate Banks of SBI, the following Regression Analysis is done across all the years starting from the fiscal 2004-05 to 2008-09. S.No| Input Variable1| Input Variable 2| Production Outp ut| Across Time Period| Banks| 1| Labour| Capital| Deposit| 2004-05 to 2008-09| All PSBs| 2| Labour| Capital| Advances| 2004-05 to 2008-09| All PSBs| 3| Labour| Capital| Advances + Deposit| 2004-05 to 2008-09| All PSBs| 4| Labour| Capital| Interest Income| 2004-05 to 2008-09| All PSBs| The number observations made = Number of Production Functions * Number of Fiscal Years for which the observation is made = 4*5 =20 (B) Specific to the Largest Nationalised Bank as per capital viz. State Bank of India (SBI) and the Smallest PSB as per Capital viz. State Bank of Indore (SBIndore) were taken for regression analysis separately. The merger of  State Bank of Indore, the smallest associate bank of State Bank of India (SBI), was completed in the last week of August 2010, ut for our analysis we still continue to treat its data as separate from that of SBI. S. No| Input Variable1| Input Variable 2| Production Output| Across Time Period| Bank| 1| Labour| Capital| Deposit| 2004-05 to 2008-09| S BI| 2| Labour| Capital| Advances| 2004-05 to 2008-09| SBI| 3| Labour| Capital| Advances + Deposit| 2004-05 to 2008-09| SBI| 4| Labour| Capital| Interest Income| 2004-05 to 2008-09| SBI| 5| Labour| Capital| Deposit| 2004-05 to 2008-09| SBIndore| 6| Labour| Capital| Advances| 2004-05 to 2008-09| SBIndore| 7| Labour| Capital| Advances + Deposit| 2004-05 to 2008-09| SBIndore| 8| Labour| Capital| Interest Income| 2004-05 to 2008-09| SBIndore|The number observations made = Number of Production Functions * Number of Fiscal Years for which the observation is made = 8*5 =40 3. 5. 1. 1 Multiple Regressions: For modelling and testing of multiple independent variables (or predictor variables), Multiple Regression is used. Since it is for only single dependent variable (or criterion variable) hence Multiple Regression is not a multivariate test. The model for a multiple regression takes the form:   y  =  ? 0  +  ? 1Ãâ€"1  +  ? 2Ãâ€"2  +  ? 3Ãâ€"3  + †¦.. +  ? And we wish to estimate the  ? 0,  ? 1,  ? 2, etc. by obtaining   ^ y1  =  b0  +  b1x1  +  b2x2  +  b3x3  + †¦..Where the  b's are termed as the â€Å"regression coefficients† and ? is the error or residual value. For 2 independent variables we fit the data for a plane. The beta values are used in measuring how effectively the predictor variable influences the criterion variable. R2, in multiple regression is the square of the measure of association which indicates the percent of overlap between the predictor variables and the criterion variable. 3. 5. 1. 2 Cobb-Douglas Production Function: The Production of an economic entity may be defined as a function of its inputs. In a general mathematical form, a production function can be defined as: P= f(X1,X2,X3,†¦Xn) Where: P = Production or output quantityX1,X2,X3,†¦Xn = Input variables such as Labour, raw material, capital etc. f() = function defining the relationship. This function may be a L inear Function of all input variables. It can also be a Product Function of all the individual variables with each variables weighted for a corresponding exponent. The Cobb-Douglas Production Function follows the latter approach and is as follows: P = A. L?. K? Where, P = Production or output quantity L = Labour (the number of employees) K = Capital (the monetary worth of all machinery, equipment, and buildings) A = Total factor productivity, a variable which accounts for effects on total output not explained by chosen inputs. ?, ? are the output elasticity of labour and capital, respectively. These values are constants. We assume ? , ? ;lt; 1 so that the firm has decreasing marginal products of labour and capital. The Multiple Regression is to be done using the Cobb-Douglas Production Function, then the said function needs to be in a the linear form. To achieve linear scale the exponential Log of the Cobb-Douglas Production Function may be taken. Thus the following function is bein g used in the report for regression: Log (P) = a0 + ? *Log(L) + ? *Log(K) Thus the Input 1= Log(L), Input 2 = Log(K) and Output = Log(P) and Model Coefficients = ? , ? 3. 5. 1. 3 Return to Scale:Returns to scale refers to a technical property of production that examines changes in output subsequent to a proportional change in all inputs (where all inputs increase by a constant factor). If output increases by that same proportional change then there are constant returns to scale (CRTS). If output increases by less than that proportional change, there are decreasing returns to scale (DRS). If output increases by more than that proportion, there are increasing returns to scale (IRS). To summarise, it is as follows: ? + ? | Returns to scale| =1| constant| ;lt; 1| decreasing| ;gt; 1| increasing| 3. 5 Limitation * The correlation between labour expense and production across banks may be limited if the business model of the bank varies.For example banks who primary operate in larger   ci ties can produce more with a smaller workforce because of greater labour utilization while labour in far flung remote branches might be under utilized and may not contribute to production that efficiently. Hence we assume a linear utilisation of labour. * This correlation is limited because as technology is increasingly substituting labour in banks so a bank with smaller workforce but superior technology can still produce more. Different PSBs may differ on this aspect of technological implementation vis-a-vis their labour. * Our analysis has restricted inputs and outputs to very few variables. There can be other variables although the report has included the most important ones for the study. * In analysis of SBI and State bank of Indore we have taken only 5 data points for 5 years. This may limit the authenticity of analysis. We have chosen only two input case to estimate the production while other inputs are collectively taken in intercept. * There is an assumption that the produc tion function follows Cobb-Douglas Production estimation. Other Production estimation methods like Olley/Pakes and Levinshon/Pertin functions are not considered. * In the regression model, we have not factored in any smoothing techniques. * In the analysis of bank over the years the data may be misleading,banks over the year may with better technology produce more with lesser input this effect will lower their economies of scale in the given analysis, this is a wrong conclusion 3. Data analysis and Results We referred the website of RBI to get the data needed for our analysis.A total of 27 banks were taken for analysis and the data for these banks from the period 2004-05 to 2008-09 have been used for the analysis. We used the Cobb Douglas Function for the models, wherein Q = A * (Input1^ ? 1) * (Input2 ^ ? 2) The production functions thus attained provides us a view of the overall sector as a whole for the following the outputs. 1. Deposit 2. Advances 3. Deposit + Advances 4. Intere st Income Further, we focussed on two banks, State Bank of India and State Bank of Indore, the largest and smallest in the sector in terms of capital, to understand the applicability of the product functions attained in the above study.Here, the data across the five years in the consideration were used to obtain the production functions for each of the input-output combinations mentioned above. The results have been summarized in the Table 1 below for the four different models taken for all the banks across five years and Table 2 for all the four models for 2 specific banks: Table 1: Case| Year| Intercept| ? ( Elasticity of Labour)| ? (Elasticity of Capital) | R2| Model 1:Input1: Labour Input2: Capital Output: Deposits| 2004-05| 0. 6431| 0. 7257| 0. 2440| 0. 9596| | 2005-06| 0. 8010| 0. 5535| 0. 4239| 0. 9802| | 2006-07| 0. 8944| 0. 5655| 0. 4017| 0. 9731| | 2007-08| 1. 2448| 0. 4426| 0. 676| 0. 9707| | 2008-09| 1. 2768| 0. 3591| 0. 5694| 0. 9685| Model 2:Input1: Labour Input2: Capi tal Output: Advances| 2004-05| 1. 0543| 0. 2347| 0. 6749| 0. 8900| | 2005-06| 0. 9721| 0. 1998| 0. 7609| 0. 9372| | 2006-07| 0. 9495| 0. 3228| 0. 6367| 0. 9448| | 2007-08| 1. 2994| 0. 2608| 0. 6275| 0. 9544| | 2008-09| 1. 2154| 0. 2486| 0. 6746| 0. 9641| Model 3:Input1: Labour Input2: Capital Output: Deposits + Advances| 2004-05| 1. 2041| 0. 4583| 0. 4768| 0. 9416| | 2005-06| 1. 2145| 0. 3679| 0. 5987| 0. 9695| | 2006-07| 1. 2331| 0. 4450| 0. 5174| 0. 9662| | 2007-08| 1. 5742| 0. 3575| 0. 5422| 0. 9663| | 2008-09| 1. 5500| 0. 3101| 0. 6157| 0. 9683|Model 4:Input1: Labour Input2: Capital Output: Interest Income| 2004-05| -0. 1461| 0. 5320| 0. 4036| 0. 9584| | 2005-06| -0. 0207| 0. 2972| 0. 6656| 0. 9610| | 2006-07| 0. 0246| 0. 3640| 0. 5843| 0. 9733| | 2007-08| 0. 3381| 0. 3250| 0. 5629| 0. 9639| | 2008-09| 0. 4347| 0. 2483| 0. 6411| 0. 9711| Table 2 State Bank of India| Case| Intercept| ? ( Elasticity of Labour)| ? (Elasticity of Capital) | R2| Input1: Labour Input2: Capital Output: Deposits| -3. 03105| 0. 978999| 0. 77501| 0. 976381| Input1: Labour Input2: Capital Output: Advances| 2. 773811| -0. 31806| 0. 972634| 0. 93499| Input1: Labour Input2: Capital Output: Deposits + Advances| -0. 37579| 0. 453894| 0. 852554| 0. 64079| Input1: Labour Input2: Capital Output: Interest Income| -3. 36783| 0. 872917| 0. 74153| 0. 996843| State Bank of Indore| Case| Intercept| ? ( Elasticity of Labour)| ? (Elasticity of Capital) | R2| Input1: Labour Input2: Capital Output: Deposits| 1. 693202| -0. 37172| 1. 310855| 0. 985134| Input1: Labour Input2: Capital Output: Advances| -3. 03629| 0. 124397| 2. 214496| 0. 938827| Input1: Labour Input2: Capital Output: Deposits + Advances| 0. 119414| -0. 21134| 1. 712892| 0. 966654| Input1: Labour Input2: Capital Output: Interest Income| 5. 081366| -1. 73671| 1. 552713| 0. 993676| The macro-economic factors in India definitely affect the performance of the banks.The various parameters like inflation, GDP affect the sentiment of the market in general, while the regulatory measures taken by RBI through changing CRR, SLR, repo and reverse repo rates effect a shift in the business outlook of the bank. Since these parameters keep on changing from time to time, we decided to have separate product functions for every year. This guards us against the negative impacts making an assumption of Ceteris Paribas in determining the product functions, where we might have a few more variables. But the correlation of those factors with the performance of the banks is not the motive of this study, and hence not in its scope.Also, while analyzing the performance of the banks, we have to keep in mind that, being in the public sector, their focus is not always on profit maximizing. Rather, the goal is often carrying out the social responsibilities like providing banking facilities at places where the venture might not be profitable, and hence not a feasible for the private sector to open branches at those places. Analysis and Results for the different models Model 1: Input variables: Labour (L), Capital (K) Output variable: Deposit The first graph below captures the variation in output with respect to change in labour and the second with respect to change in capital. A strong similarity in graph indicates that labour n capital can be almost perfect substitutes. If the graphs differ then they are not good substitutesDeposit is essentially an intermediate variable, here treated as an output. As expected, we see some variation in the results across the years. An interesting observation here is that the elasticity of labour decreases along the period under study. This is in keeping with the redundant labour created by the technical innovations of the operations reducing the productivity of labour. The policies of the Public sector bank do not allow them to reduce the input of labour suddenly. Also, the higher elasticity of capital for 2008-2009 indicates the mood of the market during the recession, where the safety of t he bank deposits looked better when weighed against the risks and lower outputs of other avenues of investment.The high values of R2 point at the stability of the regression through which the production functions were attained. As the sum of Output Elasticity’s of Inputs (Labor and Capital) as ? +? value is close to unity, it implies that the Indian Public sector banks are in Economies of Scale. This is consistent with the earlier economic researches which imply the banking sector in general is in Economies of Scale (Increasing returns to scale). Model: 2 Input variables: Labour (L), capital (K) Output variable: Advances Here, again, we see that the R2 values are high indicating higher stability in the production functions. An interesting phenomenon that can be noticed in these results is in the relative stability of all three parameters across the years.The relative variation of the coefficients across the years is relatively low. Model: 3 Input variables: Labour (L), capita l (K) Output variable: Deposit Advances Here, again, we see that the R2 values are high indicating higher stability in the production functions. An interesting phenomenon that can be noticed in these results is in the relative stability of all three parameters across the years. The relative variation of the coefficients across the years is relatively low. The economies of scale ? +? value is again close to unity and signifies that for all the different outputs there is an increasing scale of return. Model: 4 Input variables: Labour (L), capital (K) Output variable: Interest IncomeAgain, we see a clear trend of declining elasticity of labour across the years, validating the observation made in case 1. The relatively higher elasticity of capital in 2008-09 indicates the stability and optimization of performance of the Indian banks in turbulent global scenario. For each of the banks under study, the income under both the heads, Interest and other, showed a steady rise. Analyzes for Spe cific banks: State bank of India and State bank of Indore All the above mentioned four models of input and output parameters where analyzed for State bank of India and State Bank of Indore for period of 5 Years . The below graphs are a couple of sample graphs of the analysis . All the graphs of the analysis are attached below.We must note a very interesting trend in the economies of scale (ie the sum of alpha n beta) in our result. The economy of scale for almost all the cases in the initial four analysis is slightly less than or almost equal to 1 but it is greater than 1 both for SBI and State bank of Indore respectively. This means that when we look at the overall sector the banks of larger size have almost proportionally large output as compared to their input but both in SBI and State bank of Indore the increase in output is disproportionally larger compared to increase in input. The Data used for the analysis and detailed regression analyses are attached below:The complete set of graphs created for all the models are as well attached below: 4. Conclusion The study focused on modeling the Production Function for public sector banks. The regression curves obtained from all the banks that were considered for production functions for Deposits, Advances, sum of Deposits and Advances and interest income. The coefficient of variation was above 90% in most of the cases which reinforces the assumption that the level of capital and labour count significantly explains the variation in output level. The sum of ? and ? , the parameters of the system, is nearly unity. This indicates that the industry has a production which exhibits constant returns to scale.For the analysis done on individual banks (SBI and State bank of India), the values of negative value of alpha  and beta indicate that the increase in labour or capital (as the case may) decreases the overall output of the bank. We have seen constant or slightly decreasing economies of scale across banks in any gi ven year whereas SBIs have shown increasing scale of economy (;gt;1) over the years. To explore this issue further we had done a few more regression for some more banks for 5 years (5 data points). The analysis has thrown up very interesting conclusion, the economy of scale fluctuates by huge degree across various banks and overall it is negative. This happens when the bank is already utilizing more than the needed labour or capital for its given capacity and any further increase in it decreases the overall production .It can be concluded from this analysis that although overall it may not be desirable to have a large size bank, it is desirable to increase the size of both SBI and State bank of Indore as here the incremental return will outmatch the incremental investment as they have economies of scale greater than unity. Our results have been consistent with the previous research findings which state that banking industry has economies of scale i. e. output more than doubles with doubling of input. It was also observed that sum of output elasticity’s of factor inputs (? +? ) was greater for certain banks like SBI and State bank of Indore. 5. Bibliography * Microeconomics, 7th Edition. Robert S. Pindyck, Daniel L. Rubenfield, Prem L. Mehta. * http://en. wikipedia. org/wiki/Banking_in_India *

Understanding Organizational Citizenship Behaviors

Joshua Harris Althea Johns Organizational Behavior October 21, 2012 Understanding Organizational Citizenship Behaviors Citizenship, most don’t normally associate this term with an organization like a business. Many would think of the word citizenship in terms of the country that you may live in. Some may even think of it more broadly then that. As in we are all citizens of this planet. But what is the opposite? Are there smaller citizenship classifications, and are they as important? Particularly, what about citizenship at your place of employment? What does organizational citizenship behavior mean to a company?Can it affect things like job satisfaction, efficiency, productivity, and customer satisfaction? Research suggests that there is a â€Å"moderately positive correlation† between job function and organizational citizenship behavior. [ (Kinicki) ] This paper will examine real examples of OCB, explain how organizations can influence OCB, and which pitfalls to watch out for. (Kinicki) Organ defined organizational citizenship behaviors as, â€Å"Individual behavior that is discretionary, not directly or explicitly recognized by the formal reward system, and that in the aggregate promotes the effective functioning of the organization.By discretionary, we mean that the behavior is not an enforceable requirement of the role or the job description, that is, the clearly specifiable terms of the person’s employment contract with the organization; the behavior is rather a matter of personal choice, such that its omission is not generally understood as punishable. † (Organ) Literature in this subject has been almost non-existent prior the early 1980’s, but has increased in popularity ever since. Its these â€Å"discretionary† behaviors that according to Brooker, â€Å"Our esprit de corps is the core of our success. That’s the most difficult thing for a competitor to imitate.They can buy all the physical things. The th ing you can’t buy is dedication, devotion, and loyalty. † (Brooker) Its this loyalty that convinced Herb Kelleher, from Booker’s article tiled â€Å"Can anyone replace Herb? â€Å" to argue â€Å"that employee citizenship is the single biggest reason for the company’s success. † However this was hard to prove with hard evidence until late 1990’s. (Brooker) In Bolino and Turnley’s 2003 article â€Å"Going the Extra Mile: Cultivating and managing Employee Citizenship Behavior† which appeared in Academy of Management Executive, they describe factors that can promote good OCB.It is the authors’ opinion that the most important being job satisfaction. (Turnley) Bolino & Turnley conclude from their analyst of several studies, that if an employee is happy, they will provide a positive organizational citizenship behavior. The article also covered other factors such as trust, job interest and involvement, organizational suppo rt, and Employee Characteristics. It is with these factors that researches use to try to come up with predictors. Perhaps one of the best predictors happens in what Bolino and Turnley calls the â€Å"recruitment & selection† process. Turnley)They provide three main ways in which human resource managers can help achieve this. The first is to look for causes that applicants are committed to. For examples, college graduates that have a lot of extra curricular activities or a professional with volunteer services. Another predictor in determining positive OCB would be to provide situational questions to the interviewee. (Turnley)This is one tool that Smucker’s uses to gage their employee’s. The last tool the article provides is personality trait questions.This is somewhat similar to situational interviews, but they are geared to the person and not a specific situation. The next natural step in influencing organizational citizenship behavior is during training. It is during training that an organization may have the best chance at eliciting citizenship behaviors. However, Bolino & Turnley, describe how this is usually the opposite of what organizations do, due to their emphasis on individual achievements. One way an organization can help influence positive OCB is to sponsor training programs that focus on cooperation and taking initiative.But probably the best would be to develop a training program that is used to improve relationships among coworkers and/or supervisors and subordinates. Bolino’s article gave an example of this at Southwest Airlines when works were cross-trained on other positions. This allowed employees to gain experience in other area, but also appreciate and help out when they could. Also a study showed that supervisors that have had training in organizational justice principles also benefit from higher levels of OCB. In the last direct way organizations can influence OCB is in compensation.Bolino’s arti cle concluded that employees are more likely to engage in behaviors that are rewarded. An example of this is Asada, the British subsidiary of Wal-Mart, gives awards to employees who go â€Å"above and beyond†. CitiGroup does something similar. It is called â€Å"Galaxy of Thanks†. Employees can thank other employees for going above and beyond. If an employee reaches so many, that employee gets special recognition by the company and can win rewards. (Young) Bolino’s article also pointed to group or organizational level compensation fosters positive OCB. But, there can be many pitfalls for compensating for OCB.Some more informal ways of promoting positive OCB would include developing a culture in the organization that is conducive for positive OCB. Having managers and supervisors living by the same standard and by having an organization act in a deserving way. As you can tell there are many ways that organizations can influence their potential positive organizatio nal citizenship behavior. But, there are some pitfalls to be aware of. While there are potentially several pitfalls, all seem easily manageable. Bolino places pitfalls in three categories: Impression Management, Costs, and Escalating.Impression Management, is noted in another article by Bolino as, â€Å"Several organizational behavior scholars have noted that individuals may engage in organizational citizenship behaviors not because they are concerned about the organization’s welfare but because such activities may cause others (especially their supervisors) to look favorably upon them† (Bolino) The pitfall here comes when rewarding this type of â€Å"Impression Management† behavior, which can put a strain on morale. (Turnley)Managers should watch for this type of motivation during citizenship assessments and be sure not to reward this type of behavior.If this behavior is rewarded the costs could certainly outweigh any potential gains. Another potential downside to positive OCB happens when employees become lax on their main job functions. Many don’t think helping another co-worker could potentially be a downfall, but that is exactly what Sprint, Xerox, and Ford found out in a Wall Street Journal study. Employees would help co-workers with computer issues and it was estimated to have cost the companies upwards of $15,000 per computer. It is thought that hiring more support personal would have been significantly less expensive, and with better quality of support. Bulkeley)The last area of pitfalls is a concept of Escalating Citizenship. You can think of this concept like inflation. Today a dollar will buy you much less than fifty or so years ago and escalating citizenship is something that manager must watch out for. If the bar for above and beyond is constantly moved higher and higher it can be catastrophic for an organization including high levels of job dissatisfaction, high turnover, and high stress. It is the author’s opi nion that the evidence is overwhelming that positive organizational behavior can greatly influence or be the â€Å"single biggest reason for the company’s success†. Brooker)In this essay we have examined why organizational citizenship is important to an organization. We also took a look at what organizations can do to positively impact OCB. Finally we examined some downsides of OCB and provided some way managers can navigate around them. Organizational citizenship behavior can be a very good thing, when done correctly. Bibliography Bolino. â€Å"Citizenship and impression managment: Good soliders or good actors. † Academy of Managment Review 24. 1 (n. d. ): 82-88. Brooker, K. â€Å"Can anyone replace Herb? † 2000. Fourtune. 19 Oct 2012 <http://money. nn. com/magazines/fortune/fortune_archive/2000/04/17/278112/index. htm>. Bulkeley, W. M. â€Å"Study finds hidden costs of computing. † The Wall Street Journal (1992). Kinicki, Angelo. Managment: a practical introduction 5E. New York: McGraw-Hill, 2011. Organ, D. W. Organizatioal citizenship behavior: The good soldier syndrome. Lexington: Lexington Books, n. d. Turnley. â€Å"Going The Extra Mile: Cultivating and managing employee citizenship behavior. † Academy of Managment Executives 17. 3 (2003): 60-71. Young, Joseph P. Interview. Joshua Harris. 19 October 2012.

Lululemon Business Strategy Essay Essays

Lululemon Business Strategy Essay Essays Lululemon Business Strategy Essay Essay Lululemon Business Strategy Essay Essay Lululemon was founded by Chip Wilson who took a commercial yoga category in Vancouver and was instantly drawn in to the construct. After passing many old ages in the breaker. skate. and snowboarding concern. he found yoga was performed utilizing cotton vesture and this seemed inappropriate because it neither removed perspiration adequately nor did it let for maximal flexibleness. Given his passion and expertness in proficient athletic cloths. he began a motion in yoga vesture where he relied on feedback from yoga teachers to optimise his dress. Lululemon was founded in 1998 to run into these ends. It opened its first shop in November 2000 in Kitsilano. a beach country of Vancouver BC. Beyond acquiring feedback from teachers on how to better the public presentation of the dress. the house sought to move as a community hub where people can interact and portion the physical and mental facets of holding a healthy life style. 1. What are the cardinal elements of the scheme that Lululemon is prosecuting? What generic scheme best tantrums Lululemon’s scheme? The five cardinal elements are: Turn the company shop base in North America The strategic aim was to add new shops to beef up the company’s presence and so tap into new geographical markets in the Canada and US Increase trade name consciousness Leveraging the promotion environing. the gap of new shops with grass roots marketing plans. This included forming events and partnering with local fittingness managers. Introduce new merchandise engineerings Continue to concentrate on developing and offering merchandises that incorporate engineering enhanced cloths. and public presentation characteristics that differentiate Lululemon for its rival and increase its client base. Broaden the entreaty of Lululemon merchandises This is divided in 3 subdivisions1. Adding work forces apparel to the line2. Expanding to merchandise class to points such as athletic bags. unmentionables. sandals. outerwear 3. Adding merchandises suited extra athleticss and athletic activities Expand beyond North America Expand their presence in Australia and Japan. Then finally prosecute the Asian and European markets that offer similar. attractive demographics. Distinctive shopping expericanceSupply a typical in-store shopping experience. complemented by strong ties to fitness teachers. fittingness constitutions and community events The two biggest strategic accommodations since 2007 had been to drawback from the usage of franchising and sell straight to the consumers through the company web site. Lululemon fits itself in a differentiated niche scheme 2. Is Lululemon’s scheme effectual? Let’s expression at the following to find if the scheme is effectual for Lululemon The house presently has three sections: Corporate-Owned Shops The corporate-owned shops section includes all gross revenues to clients through corporate-owned shops in North America and Australia. This section is by far Lululemon’s largest gross base and will go on to be successful as Lululemon looks to spread out its base in 2012 by opening 30 shops in the United States and 2 Ivivva Athletica shops in Canada. Direct To Consumers The Direct to Consumers section involves Lululemon’s e-commerce web site. Which is 10. 6 % of gross ( 2011 ) comes from this section. The thought buttocks is to switch from brick-and-mortar shops to online channels. Lululemon’s committedness to increasing its presence in e-commerce will assist the company spread out its client base and better trade name consciousness. Franchise While antecedently franchise gross revenues were portion of their scheme. the company reported that it will no longer partake in the concern and that it had reacquired its four staying franchise shops during financial 2011. SWOT Analysis StrengthTrademarked clothsCommunity engagement – offered free yoga category on monthly footing Employee preparationInventionStyle/comfortMultiple green enterprisesQuality – merchandises designed to prolong 5 old ages of intended usage while keeping functional Brand individualityFailingHigh retail monetary valueNarrow merchandise lineQuality control/supply concatenationSelling targeted to largely yoga instructors/studiosLoss of client service with increased graduated tableWeak trade name acknowledgmentLack of aiming to work forcesOpportunityExpand merchandise lineServe extra market sectionsExpand into extra geographic marketsIncreased demand in athletic dressFitness fadMenacesIncreased competition from current big participants in the market Copy catsEconomyNew entrantsHazard of banking on niche markets Lululemon merely went public five old ages ago and have non entered any new industries ( concentrating largely in the fittingness dress industry ) . They have done some corporate restructuring shortly after the company was formed. Lululemon entered into franchise understandings and so a joint venture. The thought behind this was based on turning the trade name to run into consumer demand while conserving fiscal resources. This was a really effectual scheme and served Lululemon good in set uping themselves as a transnational company. assisting to construct on economic systems of range. increasing trade name consciousness and edifice a larger client base. In 2011. Lululemon eventually repurchased all the franchise organisations and now all of their shops are corporate owned. The ultimate motivation for shuting out the franchise concern was to continue and keep control over stigmatization and concentrate more on e-commerce. We believe this scheme will work good for Lululemon as it prese rves its trade name image / competitory advantage and remaining competitory in the online market every bit good. 3. Top Key Issues confronting the company needs to concentrate on are: The analysis shows us that the retail dress industry is competitory with really low barriers to entry. Lululemon’s success will pull new rivals to the industry and attract involvement from bing rivals. Ultimately. this is a competitory industry with limited barriers to entry. The athletic dress industry is really competitory. with good capitalized challengers such as Nike and Gap. Inc. Lululemon has limited rational belongings in respects to its public presentation cloths and fabrication procedures. therefore the quality and invention constituents of scheme could easy be replicated. Lululemon’s self reenforcing activities. such as mark client base. tailored merchandises and community based selling attack make it really disputing for bing retail merchants to dispute Lululemon in its market from their ain shop bases. However. there are limited barriers to entry in this industry and Lululemon should anticipate new competition to seek to copy its format This analysis brings us to issues the company is / could confront: Increasing CompetitionDespite busying a alone niche within the athletic dress industry. Lululemon has late gained rivals in recent old ages. I. e. Large companies with big market capitals such as Nike. Adidas. and Under Armor have dominated the athletic dress industry and maintain deriving more land. With the exclusion of a committedness to making advanced merchandises in dress. these enterprises are in contrast to Lululemon. In order to market its merchandises. Lululemon wholly shuns off from print or media advertisement and alternatively focal points on choosing embassadors within carefully selected markets. As a consequence. it’s possible for Lululemon’s rivals to accomplish and keep trade name consciousness and market portion more rapidly Narrow focal point Lululemon is targeted towards sophisticated and educated adult females who understand importance of active. healthy life style. Under-Armor. Nike. and Adidas are targeted towards work forces and adult females of all ages. New Menaces Apart from the large name athletic dress makers. rivals such as Gap’s Athleta trade name. Lucy Activewear Inc. and Bebe Stores’ BEBE SPORT aggregation have emerged as rivals to Lululemon. Price Point and Manufacturing In visible radiation of the new and old rivals. Lululemon could be forced to sell their merchandises at lower monetary value therefore cut downing borders. Plus Lululemon does non have sole rational belongings rights to the engineering for its merchandises. This makes it easier for current and future rivals to fabricate and sell merchandises with similar public presentation capablenesss and styling. Cross-country differences in demographic. cultural and market conditions. Buyer tastes for a peculiar merchandise or service sometimes differ well from state to state. Sometimes. merchandise designs suited in one state are inappropriate in another because of differing local criterions. Lululemon is runing in an international market place and they have to wrestle with whether and how much to custom-make their merchandises in each different state market to fit the gustatory sensations and penchants of local purchasers or whether to prosecute a scheme of offering a largely standardised merchandise worldwide. For illustration. the vesture for adult females offered in the winter season will be different from Canada to Australia and vise versa. First. Australia gets barely any snow and while Canada on the other manus. gets majorly hit every winter. Therefore. the running cogwheel and the hoodies offered in both states will change because of the temperature and the clime. Making merchandises that are closely matched to local gustatory sensations make them more appealing to local purchasers. custom-making Lululemon’s merchandises state by state may hold the consequence of raising production and distribution costs due to the greater assortment of designs and constituents. shorter production tallies. and the complications of added stock list stigmatization and distribution logistics. The 2nd issue of multinational scheme incorporates elements of both a globalized and localized attack to scheme devising. This type of in-between land scheme is called for when there are comparatively high demands for local reactivity every bit good as appreciable benefits to be realized from standardisation. This scheme that Lululemon is seeking to use has its ain disadvantages. such as ; it is more complex and harder to implement. conflicting ends may be hard to accommodate and necessitate tradeoffs and execution more dearly-won and time-consuming. All major planetary companies employ the franchising scheme. With the franchising scheme. the franchisee bears most of the costs and hazards of set uping foreign locations ; while Lululemon would hold to use merely the resources to enroll. train. support. and proctor franchisees. The large job that Lululemon is confronting presently has to bear all costs of shops all around the universe. With this. they would hold to guarantee that they are supplying the merchandises at discounted costs but besides holding to supervise to guarantee that their criterion for shops and client service and experience is maintained. 4. Recommendations for direction to better public presentation / reference key issues The recommendations we have for direction is to better public presentation and turn to the cardinal issues. are using a think planetary and act local scheme ( Transnational ) . They need to guarantee that each state does hold the needed customizations because the demographics. cultural differences and market conditions vary from state to state. They need to guarantee that all their locations follow the same guidelines and client satisfaction guidelines like they have for their primary locations. Price point and Fabrication Lululemon does non have any rational belongings to the engineering of what processes their merchandises. In bend this makes it easy for rivals to copy their manner. Through analysis. a recommendation to work out this issue would be to patent their processing system. This would be good to the company in such ways as ; increasing monetary value points. which in bend additions overall net incomes. It will besides let for a higher competitory advantage. doing it hard for viing company’s to copy or copy their manner. Sponsor Events and Shows Lululemon should patronize some kind of events to derive promotion and increase trade name awareness. Such can be done by forming yoga events on a expansive graduated table or some kind of featuring event. Not as high graduated table as done by its rivals ( Nike sponsors the PGA Golf and Adidas patrons FIFA ) E. g. Lululemon could form a yoga event at the Metro Convention Hall. Toronto Expand in Asia and Europe The company should be after to heighten its European and Asia market. enrolling new direction endowment and originating an aggressive plan to regionalize this concern using a consistent trade name image throughout Europe and Asia. New Customers Lululemon should happen new clients base other than its niche market. A possible mark niche would be adding dress for golf and tennis into its shops. Action Plan to turn to issues and better public presentation The undermentioned action program is the recommended stairss we believe would be the appropriate attack to successfully finishing these recommendations. Appendix 1Value Chain Analysis Supply Chain Management45 different makers. no long-run contracts – can better quality control and lower costs by diminishing # and holding to contracts OperationssTighten review and confirmation procedures to guarantee another callback does non happen ( diaphanous bloomerss issue ) DistributionFacilities merely in Vancouver-BC. Sumner. Washington. and Melbourne. Australia Limits Company’s reach Growth in on-line gross revenues can countervail Sales/MarketingDepend on word of oral cavity and community based selling – can increase selling via media ( telecasting. magazines. etc. ) and other avenues

Descarte 2nd med essays

Descarte 2nd med essays 1. Locate Cogito argument and say how it is supposed to go. 2. Locate 2nd argument and say how it is supposed to go. Within his second meditation Descartes seeks "to save himself from the general seas of skepticism..." (Blackburn, 1999, p 20). In other words he attempts to limit the all-consuming spread of doubt brought about by the evil demon hypothesis. Descartes holds that the Cogito argument establishes this point of certainty, this belief he can be certain is true, even if he is dreaming, or God or an evil demon is trying to deceive him as fully as possible. To be more specific "Cogito, ergo sum," translates to "I think, therefore I am," (Blackburn, 1999, p 20) and this forms the basis of Descartes belief in the certainty that if nothing else, he exists. Following this conclusion Descartes then argues that our clearest perception of ourselves is of ourselves as thinking things. In this paper I will aim to analyze the above two arguments. The cogito argument is located in the second paragraph of the meditation. Descartes wonders if the doubt can extend even to his own existence. But discovers that even reverting back to the evil demon hypothesis, if he is deceiving me I must exist in order to be deceived. Thus he states "I am, I exist, is necessarily true, every time I express it or conceive it in my own mind." So the premise follows that whenever I am thinking, I will have clear and distinct perception that I am thinking. So Descartes does not claim to know he has existed through time, but only that he exists at the moment of the thought, for the evil demon could have planted false memories. The proposition I am, I exist, doesn't rely on the idea that he is assured that he thinks. He has the view that thinking is self-intimating and all thinking is fully available to consciousness. He also has to defend against the proposition that 'I think, therefore I am,' is privileged over for example a propos ...

Choosing a Chinese Name by Number of Strokes

Choosing a Chinese Name by Number of Strokes The art of choosing a Chinese name takes several things into consideration, such as the meanings of the characters, the elements they represent, and the number of strokes. When all of these factors are combined in a harmonious fashion, the result is an auspicious name that will bring good fortune to the bearer. Chinese characters are defined as either Yin or Yang depending on their number of strokes. Strokes are the individual pen movements that are required to draw a character. For example, the character ä º º (person) has two strokes, and the character Ã¥ ¤ © (heaven) has four strokes. Characters which have an even number of strokes are considered Yin, and characters with an odd number of strokes are Yang. The Chinese Name - Zhong Ge A Chinese name usually has three characters – the family name (a single character) and the given name (two characters). The family name is called tiÄ n gà © (Ã¥ ¤ ©Ã¦   ¼) and the given name is called dà ¬ gà © (Ã¥Å" °Ã¦   ¼). There is also the rà ©n gà © (ä º ºÃ¦   ¼) which is the family name and the first character of the given name. The name in total is called the zhÃ… ng gà © (Ã¥ ¿  Ã¦   ¼). The total number of strokes of the zhÃ… ng gà © should equal 3, 5, 6, 7, 8, 11, 13, 15, 16, 17, 18, 21, 23, 25, 29, 31, 32, 33, 37, 39, 45, 47, 48, 52, 63, 65, 67, 68, 73, or 81. In addition to the number of strokes, the Chinese name must be balanced in terms of Yin and Yang. The characters of the name should match one of these patterns: Yang Yang YinYin Yin YangYang Yin YinYin Yang Yang When considering whether the family name (tiÄ n gà ©) is Yin or Yang, the number of strokes is always increased by one.

The election system in Mexico Essay Example | Topics and Well Written Essays - 1250 words

The election system in Mexico - Essay Example The person who gets more votes selects for the leading of state and government affairs. Present electoral process is the modified form and it continuously changed its shape according to the revolutionary demands of history. By electoral process a common man gets the power to select its own leader so it is the power of people not power of lords. By this process every one participate in the decision making process related to the state future and its people. Past scenario The history of politics in Mexico started by the independence on Sep 16th 1810 in the town of Dolores Hidalgo. The priest Miguel Hidalgo Costilla kept the first mile stone of the political background in the Mexico. So the start of politics was by the priest and the head of state was to be priest and church as the office for serving political issues. Till 1858 the same system was implemented for political orders but due to its draw backs and un justice affairs the state was separated from church by Benito Juarez, a Zapo tec from Oaxaca, became president and order to separate both the church and state from each other as both are different things can’t work properly together. Mexicans struggled hard for modification of their political system. The Revolution of 1910-20 was a mile stone of their struggle and change towards improvement in politics. They make the constitution of 1917, by which they described the grounds for their modern political system .Mexico's governing institutions and political culture also have great effect of three centuries of Spanish colonial rule on their structure and working procedure. Current scenario The Mexico politics framework consist of a federal presidential representative democratic whose government is based on a congressional system, the president of Mexico at same time perform duties of head the of state and head of the government. The executive power is in hand of the executive branch, and president President runs it as he has a cabinet of secretaries advise s the executive branch that are independent of the legislature. . The main important political parties working in Mexico politics are: (PAN), the (PRD) and (PRI). The citizen of Mexico above the 18 years old can participate in the vote casting process, The vote casting is compulsory but not enforced on the citizens. The main documents needed for the participation of the citizen in vote casting process are their identity documents there is no pre registration system in the Mexico for election process. For the electoral process there is no electoral college etc and can take place in any governmental and nongovernmental place. In exceptional cases when the head is missing due to some cause the system of selection can be change and can adopt other options of selection too. The presidentional elections in Mexico take place after each six years, although in exceptional cases the time line can be change according to situations. Legislative elections are scheduled every six years for the el ections for the senate and state usually take place together and elections for the he Chamber of Deputies held in every three years. Mostly elections are held on first Sunday of July. The selection procedure for the state governors are also similar to that of the head and elections for the purpose of state governors selections held after six years, legislatures elections are renewed after every three years.

Enterprise systems Essay Example | Topics and Well Written Essays - 1750 words - 1

Enterprise systems - Essay Example Advanced analytics Furthermore, due to the development of enterprise systems and its functionalities, all the market analyst and correspondents join together to give new names for enterprise systems. The names that are suggested mainly are â€Å"enterprise commerce management† or â€Å"ERP II† (Fingar, Kumar and Sharma). 2 Purchasing Concepts and Organization in SAP The purchasing process in SAP starts with the warehouse sub process. If we take an example of Reynolds Corporation the process of purchase requisition is created and moves forward to another sub process called as purchasing. The purchasing sub process establishes and transmits the purchase order. The purchase order is than received by the warehouse sub process of Reynolds Corporation that initiates the function called as material receivables. Moreover, after this function, the purchasing process enters in the accounting function of Reynolds Corporation. Likewise, the accounting function received the invoice and sends the payment (Stewart 2005). Reynolds Corporation position to gather the profit from information flows that are present inside and outside the firms. This can be done by integrating bonus procedures along with a main financial system. On the contrary, some of the organizations are deploying enterprise systems functionalities as no company ever reported to completely finish implementing enterprise systems procedures (Becker et al. ). ... For Reynolds Corporation, the below mentioned values must be operational: Integrate enterprise systems is combined and synchronized along with the organizations significant data and procedures. This is done to utilize the system to connect with the procedures related to the organization and customers. Optimize best enterprise systems software’s are normalizing to give high performance and compete with the organizations significant procedures and strategies. The term â€Å"Informate† is used when the information is transformed into work in any organization. The transformation of data as mentioned in enterprise systems is done by information that is rich in context and information that allow analysis of business and facilitates decision-makers to numerous work forces. If we are talking about enterprise systems, many organizations do not implement it to its optimal level. Likewise, by constructing the rare technical components of Reynolds Corporation, it can only provide a limited value. Relatively, the research highlights the significant advantages not only for Reynolds Corporation that is in process of processing the raw components and entitles itself for the ownership to meet the distinctive vision of the organization. After placing the preconditions of cost and time, the prediction of the model that demonstrates the perceived value from enterprise systems for Reynolds Corporation emphasis on three main features that are mentioned below: 2.1 Integrate On the value scheme of integration, enterprise systems were originally formed. An enterprise system certainly recommends the assurance of incorporation through centralizing information that is operational in a habitation from where it will be

Globalization with Dr. Najib Hourani Essay Example | Topics and Well Written Essays - 250 words

Globalization with Dr. Najib Hourani - Essay Example The forces of globalization include international commerce and finance, travel and tourism, transnational migration, the media and various high-tech information flows (Nanda & Warms 5). The three dominant views on the historical analysis of globalization include the skeptics who argue that globalization is not so quite a novel phenomenon, the hyper-globalists who do not deny the importance of previous bouts of globalization, but ascertain a historical juncture after ,which contemporary globalization emerged, and the transformationalists who argue that globalizationis the major force underlying the rapid, widespread social, political and economicchanges that are currently restructuring modern societies andthe world order. Globalization increases economic growth, sadly, also inequality. It may be termed as beneficial in the medium term, but harmful in the long run when neo-colonialism starts to factor in (Kottak 5). The phrase, â€Å"the white man’s burden† is used to describe the psychological conception that colonizing countries could bring non-colonized countries and cultures to a much better and superior lifestyle through the displacement and replacement of their customs and traditions. Colonizing nations believed that it was their obligation enlighten these â€Å"non-civilized† countries about the goodness that comes with western civilization, obviously an assumption. Based on Gandhi, the movie, it may be somewhat evident that the Indian nationals may have been more civilized than most of their British oppressors. With the aim of trying to self-preserve the Indian people, Gandhi often undermined this reality. He however enlightened his people that it was very much possible to remain true to one’s own culturedespite the predetermined effects of colonialism (Nanda & Warms 6). The difference between colonialism and globalization is that colonialism aims at completely eradicating the traditions of a

Critical literature review Assignment Example | Topics and Well Written Essays - 2000 words

Critical literature review - Assignment Example In contrast, some of the scholars have shown that performance management involves the scope for stereotyping and many other errors very frequently (Griffin and Moorhead, 2009). Therefore, it cannot be considered as a key constituent of organizational growth and development. In this paper, various aspects of performance appraisal will be critically analysed from the researchers’ point of view. Eminent researchers Melnyk, Bititci, Platts, Tobias and Andersen (2014) have identified the concept of performance management as a research paradox. According to them, though the system provides a critical and constructive assessment of employee functions in the organization, comparative assessment of employees in turn results in demotivation and deterioration of performance of some of the employees within the same organization. Therefore, performance management creates a paradoxical situation in the organization. Conversely, Armstrong and Taylor (2014) have shown that effective performance management enables the managers of an organization to review the performances of all individual employees and accordingly plan requirement for training and skill development, determine the performance gap and infuse visibility and accountability among the employees. Therefore, according to them, performance management tends to enhance organizational efficiency. Performance management can be explained through two contrasting theoretical perspectives such as Universalistic perspective and Contingency perspective. As defined by Hamid (2013) the universalistic approach establishes a direct relationship between management of human resource of an organization and performance of the employees. Hamid (2013) also stated that the universalistic approach of Human Resource Management (HRM) is based on the core idea of best practices of HRM. The approach is

Inquiry Brief Essay Example | Topics and Well Written Essays - 500 words

Inquiry Brief - Essay Example My research question is as follows: do medical advancements and biomedical progress outweigh the controversial ethical and moral acts made in stem cell research? My argument is that medical and social benefits stem cell research brings to humanity the past progress and future development of the research. For the purpose of the analysis and argument on stem cell research, three academic sources were selected. The article by L. Leydesdorff and I. Hellsten â€Å"Metaphors and Diaphors in Science Communication: Mapping the Case of Stem-Cell Reseach† in Science Communication examine the term â€Å"stem cell† and how it varies in different contexts of research, applications and policy debates. From the very beginning, authors emphasize the pressing importance of stem cell research, indicating that the United States President George W. Bush addressed the political and social issue of stem cell research, specifically, embryonic stem cell research and it was the first time an American President had gone on national television in a special broadcast on a bioethical issue (Leydesdorff & Hellsten, 71). Later in November 2001, Bush convinced Congress to ban reproductive and therapeutic cloning of stem cells (Leydesdorff & Hellsten, 71). Authors points out that these restrictive policies have greatly affected both scientific research in the United States and the public debate over stem cell research. More specifically Leydesdorff and Hellsten focus on communication of stem cell research to general public and the importance of it to the latter. From the authors’ perspective, it is evident that stem cell research will receive the fullest reception of society. In her book â€Å"Stem Cell Research† Lillian Forman provides a thorough analysis of almost every aspect around stem cell research, from its medical potential and future benefits to policy

Critical literature review Assignment Example | Topics and Well Written Essays - 2000 words

Critical literature review - Assignment Example In contrast, some of the scholars have shown that performance management involves the scope for stereotyping and many other errors very frequently (Griffin and Moorhead, 2009). Therefore, it cannot be considered as a key constituent of organizational growth and development. In this paper, various aspects of performance appraisal will be critically analysed from the researchers’ point of view. Eminent researchers Melnyk, Bititci, Platts, Tobias and Andersen (2014) have identified the concept of performance management as a research paradox. According to them, though the system provides a critical and constructive assessment of employee functions in the organization, comparative assessment of employees in turn results in demotivation and deterioration of performance of some of the employees within the same organization. Therefore, performance management creates a paradoxical situation in the organization. Conversely, Armstrong and Taylor (2014) have shown that effective performance management enables the managers of an organization to review the performances of all individual employees and accordingly plan requirement for training and skill development, determine the performance gap and infuse visibility and accountability among the employees. Therefore, according to them, performance management tends to enhance organizational efficiency. Performance management can be explained through two contrasting theoretical perspectives such as Universalistic perspective and Contingency perspective. As defined by Hamid (2013) the universalistic approach establishes a direct relationship between management of human resource of an organization and performance of the employees. Hamid (2013) also stated that the universalistic approach of Human Resource Management (HRM) is based on the core idea of best practices of HRM. The approach is

Labour Movements in Germany Essay Example | Topics and Well Written Essays - 2000 words

Labour Movements in Germany - Essay Example The economic fluctuations witnessed during the 1870’s stirred debate on the feasibility of free market system. The economic depression had a weighty consequence on the philosophy of English Trade Unions, which led to adoption of an Anti-Capitalist stance. By then, Englishmen from all classes had grown to admire and respect established political institutions. They also had confidence on the existing liberal and conservative parties, which they thought were competent enough to bring about essential reforms on capitalism as well as other political and social problems (Lipset 1983, p.12). Thus, working class support of conventional political institutions and hope in further reform, demonstrates contrast between Britain and Germany. The latter emphasized pre-eminence of the political while in Britain trade unions organization was the principal focus (Linden 1988, p.307). The reformist policies undertaken in Britain in late 19th century, and early 20th century significantly contribu ted in assimilation of the workers into the National community, thus reducing resentment to existing political institutions. Whereas SPD was considered as a revolutionary threat, Labour party was not. Apart from economic woes, there were other factors that agitated for recruitment to socialist causes such as industrial expansion, which spurred growth and favoured intense concentration of capital and labour. Similarly, there was immense growth in numbers of urban workers coupled with mass literacy. Whereas economic factor was the overriding theme that heralded socialism in Britain, political factor can be considered to have been the prime motivation in Germany. Workers movement in Germany emerged in the 1840’s although they were limited to the artisans. However, with time, they coalesced to form workers association, which promoted socialist aims of redistribution of wealth and elimination of private property. However, divisions arose concerning how social change could be achie ved in society. The contesting parties were torn in between revolution and alliance with the state (Linden 1988, p.307). Prior to 1914; the political parties of Germany did not show willingness or constitutional ability to take power. Much of the parties influence was anchored in pressuring the government through obstruction of legislations and interrogating of government’s on its executive actions. The foremost motivation of the political parties was sectional advantages. Social Democratic Party (SPD) represented socially defensive organizations. At initiation, SPD was split between non-Marxist and Marxist. Later on, the division was between Orthodox and Revisionist Marxist and eventually it adopted a modest, democratic, progressive approach to socialism. Its representation mainly featured politically conscious workers who were repressed by the state. The party, which was inaugurated in 1875, adopted revolutionary programme, dedicated to eradication of class rule (Nettl 1965 , p.65). The party also affirmed its dedication of working within the existing system for short term reforms such as state sponsored education system, universal suffrage in all German states and social legislations that safeguarded the working conditions and health of workers. SPD from the onset considered itself an outcast in the political life in Imperial Germany and emphasized a

Risks associated with acts of God Essay Example for Free

Risks associated with acts of God Essay There are various approaches that can be used in assigning probabilities of acts of God. This includes drawing of risk impact/probability chart which helps the risk manager to decide which type of risks requires more attention. Scientific approach can also be used in assigning probabilities of acts of God. Scientific approach is an appropriate approach in managing risks and making decisions under conditions of uncertainty such as acts of God. Risk managers can also use lay people response to occurrence and probability of risks as a result of acts of God (Attar, 2010). As a risk manager, I prefer using risk impact/probability chart because it demonstrates both the probabilities of the risk occurring which ranges from anywhere just above 0% and below 100%. The probability of risks associated with acts of God is also expressed. Additionally, the impact as a result of the risk is shown. The approach that cannot be used in assigning probabilities to acts of God is use of lay people response; this is because it is biased, unscientific and ill-informed approach. Part 2 . The source of valid data for estimating chances of a single act of God is history records that are already kept showing the frequency in which the events occurred in the past. From these records, the risk manager is able to estimate the chances of an act of God occurring in the present. According to the concept of conditional probability, it argues that the probability of an event or outcome occurring is mainly based on the occurrence of a previous event or outcome. In risk management, conditional probabilities are mainly contingent on a previous result. In the exposure of due intelligence, I will apply the concept of conditional probability by multiplying the probability of the preceding event by the updated probability of the succeeding event. References Attar, H. (2010). The Scientific Approaches to Risk and Risk Management: A Critical Review. Retrieved August 16 from http://scialert.net/fulltext/?doi=tasr.2011.386.393org=10