The Internal Business Process Perspective SLP Essay

The Internal Business Process Perspective SLP - Essay Example In a bid to move towards attaining its vision of being the leading world class financial institution, Octawise Inc. has put in place quality standards that ought to guide its internal operations. This in turn leads to lower complaints and dissonances by the customers, increased satisfaction, growth of the company in the long run and increased return on investment. As spelt out in its strategy, its attainment of market leadership position within business areas, and focus on excellence is enhanced by its efforts to put in place quality standards and measures. (B) Internal Communication Lines: Internal communication structures and processes are of critical importance in the success of any organization. Open communication lines enhance faster permeation of communication, ideas and opinions. Open communication structures also result in little distortion and misinterpretation of communication. Any organization that takes customers to be the center for its success ensures that communication lines and structures support quicker permeation of information through open communication structures, which also support innovation within an organization. Octawise Inc. encourages open communication throughout the company. This portrays Octawise Inc. as receptive to customers’ ideas and easy to work with Organization. Organizations with complex and closed communication lines are perceived by customers as bureaucratic and less receptive to ideas and to a greater extent hinder innovation due to likely blockage of ideas. (C) Employment and Recruitment Processes: It means little to have excellent communication lines and standards and yet have a leaking employment and recruitment process and structures which results in having wrong people in the organization. Whitwood (2011) identifies the significance of indirect processes (recruitment and placement processes) in supporting direct operations performance. Octawise Inc. has all its stages of

Hand Made Music Boxes Essay Example for Free

Hand Made Music Boxes Essay In a market where monopolistic competition exists, businesses operate in a manner wherein producers sell differentiated products from one another, yet similar. This means that the product is not homogenous. Firms can still market their products by the highlighting the slight differences in their output. The various producers in this type of market are selling their products, in this case handmade music boxes, which act as substitutes. Firms are able to control the prices in some degree within a narrow range of prices. They enter the market if the profits are attractive wherein they can maximize their profit and are left with excess production capacity. In a market where there is monopolistic competition, there are many firms, which each firm has a small market share and operates independently from each other. (Salvatore, 2007) Enterprise, natural, labor and capital are considered as the factors of production in the economy. Given a firm that operates a business in hand made music boxes, these factors of production are important as to gain profit and be able to be competitive in the market. In a monopolistic competitive market, it is assumed that all these factors of production are mobile, in which if these are not being used efficiently, they will move instantly to where they can be maximized. (Harvey Jowsey, 2007) In an enterprise, entrepreneurial skills are needed to manage and direct the other three factors of production to enable a production of goods or services in the market. Operating a hand made music box needs skills from people that have managerial experiences that can lead the firm into a competitive advantage through effective planning and execution in producing the goods needed in the market. This will help in giving the business a competitive advantage wherein the characteristics of the hand made music box of a certain firm is made with quality than that of other firms in the market. (Case Fair, 2007) No business can operate without natural or land as part of its factors of production. Land is where the business is being done. It can be a factory, building, agricultural land or office, but this should have a location for it to be established. An access to land is needed in setting up firms. (Case Fair, 2007) Hand made music box business needs a factory for the assembly of parts and for storing. Moreover, this business needs a shop for the goods to be displayed so that the goods can be seen by the consumers that will buy the product. Access to land and property can raise the standard of production as well as be more competent in the market. (American Journal of Economics and Sociology, 2002) Businesses manage to exist because of its labor force. Firms do need people who can do hours of work for them. In making hand made music boxes, there can be a composition of various assembly lines. These assembly lines are made up of people that will do specific parts in making the hand made music boxes of the firm. Skilled workers help the firm in having competitive advantage in the market. In a competitive market, skills of workers are important to produce high quality goods that can be sold to consumers. This will result in a high advantage of a certain firm that employs highly skilled workers over those firms that employ lesser skilled people. (Harvey Jowsey, 2007) In every business setting, capital should be present. Capital refers to equipments used by firms to produce goods. The workers of a hand made music box business need equipments for the production of the goods. These equipments will help the production be more effective and efficient. In a competitive market where different firms compete for products being sold to consumers, a firm needs capital that will increase the quality of the product. This will make the firm more advantageous in terms of output and quality in the market. (Harvey Jowsey, 2007) Given that the situated market is in a monopolistic competition scenario, a firm’s demand curve will intersect the industry’s demand curve at the firm’s equilibrium level of output and price. (Weins, 1999) This explains why the demand curve is relatively elastic and downward sloping, which can be associated to a flat, but not horizontal demand curve. Firms in this type of market will have less control over price to charge their output. A firm that makes profit in the short-run will break even eventually because of a decrease in demand in the long-run, which in this case will result in a zero economic profit. (Duffy, 1993) Considering the law of supply, monopolistic competitive markets might not produce large quantities as a response to higher prices. The hindrance to the positive-quantity supply relation is the market control and downward sloping demand curve among monopolistic competitive markets. Monopolistic competitive firms are considered to be price-searchers rather than price-takers because â€Å"prices will change by the comparison of marginal revenue with marginal cost in every possible price along with the market demand curve. † Prices are not placed equal to marginal revenue; furthermore, it is not equal to marginal cost and price. Thus, as a result, firms do not essentially supply more quantities of goods at lower prices. (Harvey Jowsey, 2007) In the short-run, individual firms behave like a monopoly thus they can raise their prices leaving the consumers options to buy similar goods from other firms. As for the long-run, there is a free entry condition where firms continue to occur in the market leaving the demand curve to continually shift leftward until the time when each of the firm earns a zero economic profit. Firms earn economic profit or loss in the short run, but eventually, new entrants will be attracted to profits thus would result to losses until these firms earn zero economic profit. The hand made music box firms will compete in the market for the available consumers that will purchase the goods.

Boxing with My Father Essay -- Personal Narrative Writing

Boxing with My Father My father was 30 years old when I was born. The fact meant nothing to me for most of my young life, but took on a special meaning one day when I was fourteen. It was the day he decided to teach me to box. You might think that transmitting this skill was evidence my father and I had a close relationship, but our bond was distant, ephemeral, and bound together by a single if resilient thread. My parents had divorced when I was a kid, and my father had â€Å"visitation rights.† He’d show up at our front door every other Sunday and take me out with him. Our destination might be the zoo, a park, a baseball game or, more usually, his house in Far Rockaway, a half-hour drive from my mother’s place in Brooklyn. But it wasn’t where we ended up that elated me. It was getting there that made it a thrill. He wasn’t like the resident fathers of my neighborhood friends. Some seemed accepting and resigned that they had lost their youthful vigor. They worked in banks or delivered the mail. Others tried to maintain a certain urban toughness, but their deportment brought the image of discomfiting coarseness to my mind. I wasn’t too fond of either variety. On weekdays, around six, I’d see all of them amble home toward my apartment building, shoulders hung low, a folded copy of the Daily News pinched between thumb and forefinger. My father’s energy was of an entirely different nature. He was quick, strong, and lean, with sloping shoulders and a narrow waist. He had a certain grace of movement that made me feel secure, even pleasurable. Sometimes he’d visit after coming off work at the Brillo Soap Pad factory where he was employed as a machinist, and he seemed to be revved up enough to do a second shift. The way he talke... ...aying a Puerto Rican father trying to raise a son. Seeing the famous actor in person—without the intermediary of the camera—gave him a different demeanor. He moved about the stage in quick yet graceful strides. Suddenly I had a eureka moment. DeNiro on stage was just like my father: same movement, same stature, same speech. I turned to my mother whose eyes were focused on the performance. â€Å"Mother,† I said. â€Å"Doesn’t he remind you of my father?† My mother looked at me, then to the stage to render her opinion. â€Å"Yes,† she said. â€Å"He does. Like your father.† It felt good to feel my father’s presence once again, even if it was second-hand. Of course, it would have been much more fulfilling to have had that conversation with him, the one where he’d tell me what it was like in the old days. But, like so many people both today and back then, I take what I can get.

National Constituent Assembly Essay -- essays research papers

To what extent did the reforms of the Constituent Assembly create discontent? The National Constituent Assembly solved some of Frances short term problems, but caused significant discontent due to its inability to resolve long term problems, that had been destroying France economically, politically and socially. There were some groups of society that were quite content with the reforms of the Constituent Assembly, such as a majority of the bourgeoisie, peasants who gained from the abolition of the Feudal system, and some members of the first and second Estate. However, many other people and groups, such as King Louis XVI, Nobles who had become emigres after losing their land, clergy who had refused to swear allegiance to the new state, loyal Catholics, the Sans Culottes and a rapidly growing republican movement, that were unhappy with the Constituent Assembly. It was in these later groups that the brewing discontent lay, but none shared a common discontent, and few shared a common goal. It would be the most radical of these reactionary groups, who seized leade rship of the French people, in the nation's time of need. The National Constituent Assembly originated from the National Assembly, and its purpose was to write a constitution that would create a new France, one that was based on equality, liberty and fraternity - a nation governed by the people, and for the people - where men are born and remain equal in rights. It was essentially dominated by members of the Bourgeoisie, as well as some Nobles and Clergymen, but it did not effectively represent the whole of France. The National Constituent Assembly set up a militia type force, called the National Guard, to protect themselves and their ideas, from those who were counter-revolutionary. It was led by Marquis De LaFayatte, a member of the second Estate, who was also an influential voice in the Constituent Assembly. The Assembly did not want to create a Republic, it wanted to create a Constitutional Monarchy. It still wanted the King as Head of State, but wanted the people's rights and values outlined in a constitution, rather than decided by th e King. In 1789 the Constituent Assembly began developing a Constitution, because it was what the French people wanted - but their moods quickly changed and the proposed constitution became a calamity. Some reforms made by the National Constituent Assembly we... ...ring the situation. The Assignats that the State had introduced were rapidly deflating, and some store owners would not even accept them. Despite reforms that stabilised Frances economy periodically, the Constituent Assembly had not solved the long term economic problems that still surrounded the nation. Most of these peasants were also loyal Catholics, and resented the loss of power of the Church, and were hungry for political change. By October 1791, the National Constituent Assembly believed that it had fulfilled its goal of creating a new Constitution, and dissolved itself. It set up a new Government called the Legislative Assembly, to enforce the new Constitution, which only lasted a further six months. Hence, the National Constituent Assembly had established important reforms but it had failed to solve the economic crisis that began the original revolt of the French people. The varying discontent it had created amongst different groups of society, far overshadowed those who were satisfied with the changes. Much discontent, amongst many people, is dangerous when there is no common destination. So many demands, with so few answers, meant the revolution had to continue.

Identify Market Oppurtunities Task 2 Essay

Executive Summary : BBQfun was established in 2009 by current CEO, Pat Mifsud. BBQfun offers an extensive product range, incorporating both local and imported goods. Since 2010, the increasingly competitive retail environment, technological change, changes in consumer buying patterns and consumer confidence has led to disappointing sales. However, BBQfun intends to return to healthy sales of $11 million in 2012 through building on its organisational strengths, through targeted marketing strategies aimed at key segments and through exploiting marketing opportunities. Currently, BBQfun operates two stores, one in Brisbane (Kenmore), and one on the Gold Coast. BBQfun is seeking business and marketing opportunities that could lead to interstate or national expansion if viable and scalable. Mission ââ€"  To provide our customers with great value outdoor lifestyle products and second-to-none customer service. Vision ââ€"  To be, within five years, south east Queensland’s leading outdoor lifestyle retailer. Values ââ€"  Quality ââ€"  Customer value ââ€"  People: Active encouragement of safety, teamwork, diversity, excellence, innovation and continuous improvement. Strategic directions The strategic context in which BBQfun will achieve its mission and vision is through: ââ€"  engaging with customers through promotion and market research ââ€"  building reputation for quality products and quality customer service ââ€"  supporting people to perform via training and performance management ââ€"  controlling costs. ââ€"  increasing sales revenue and profitability. Analysis Analyse 3 Opportunities and which of these fit with organisational goal Objectives | Opportunities | Engaging with customers through promotion & market research. | E-commerce | Reduce direct & indirect cost of the operations. | Own brand, Bargain market | Building reputation for quality products and quality customer service | E-commerce | New marketing opportunities impact | Own brand | E-commerce | Bargain market | Sales volume (units) | BBQ: 7200 | BBQ: 12600 | BBQ: 10000 | Sales volume (units) | Furniture: 3120 | Furniture: 5040 | Furniture: 5000 | Sales volume (units) | Accessories: 40320 | Accessories: 63360 | Accessories: 52500 | | Own brand | E-commerce | Bargain market | Price | BBQ: $600 | BBQ: $620 | BBQ: $500 | Price | Furniture: $850 | Furniture: $880 | Furniture: $650 | Price | Accessories: $50 | Accessories: $55 | Accessories: $40 | Unit contribution margin | BBQ: $500 | BBQ: $300 | BBQ: $200 | Unit contribution margin | Furniture: $600 | Furniture: $420 | Furniture: $220 | Unit contribution margin | Accessories: $40 | Accessories: $20 | Accessories: $10 | Total revenue | 8988000 | 15732000 | 10350000 | Total gross profit 2012/13 | 7084800 | 164000 | 3625000 | Additional fixed costs | Add lease $1000000 Add labour $500000 Add plant (depreciation): $500000 | Add training: $50000 Add online store development: $100000 Add new plant and equipment (depreciation): $150000 Add labour: $250000 Add reconfiguartion of warehouse/office: $50000 | See approved budget (no change in fixed costs) | Total net profit 2012/13 | 200086 | 1679286 | 1259714 | External factors Before implementing 3 new changes what are the legislation and standards need to be analysed Import & Export standards for both the countries Legislation regarding taxes maybe different in both countries Expensive labour cost Risk analysis Risk | Impact | Likelihood | Mitigation | Web server down | High | Likely | Back up server, Back up of data | Failure to adequately train employees | High | Unlikely | Adherence to performance management policy, Time to time training sessions | Not having confidence in Own brand | High | Unlikely | Serious marketing, Customer awareness programs, 24/7 customer service | Cost Benefit Analysis (CBA) Action | Cost | Benefit | Risk | F or MF or NF | Own brand | $6884714 | More profit | Not having confidence in Own brand | F | E-commerce | $5484714 | Less Cost | Web server down | F | Bargain market | $4884714 | More business | Failure to adequately train employees | MF | Return on investment Return on investment (Income-Cost) Cost Own Brand: $8988000 – $6884714 / $6884714 = 0.3055 E-commerce: $15732000 – $5484714 / $5484714 = 1.868 Bargain market: $10350000 – $4884714 / $4884714 = 1.118 Rank new opportunities Rank 3 opportunities based on its benefit. Rank One – Own Brand Rank two – E-Commerce Rank Three – Bargain Market Cost & Resources Brief cost & resources required to implement each new oppurtunity. Resources | Costs | | Additional staff | $25000 year average | Additional staff costs: $250000 | Plant & equipment depriciation | Delivery trucks ($20000 each) Forklifts ($10000 each) | Plant & equipment costs :- $120000 & $30000 | Promotional Costs | $500000 | Website developers | Contractors ($2000/ a day) | Website development cost: $100000 | Staff training | $ Online customer service training $3000 per staff member | Staff training cost $24000 | Management change leadership training for store managers and team leaders | $3000 each | Management & leadership costs: $42000 | Warehouse and office reconfiguration | Re-configuration cost :- $50000 | Total | $6016000 |

Essay on The Case of Wilson County SchoolsEssay Writing Service

Essay on The Case of Wilson County SchoolsEssay Writing Service Essay on The Case of Wilson County Schools Essay on The Case of Wilson County SchoolsSYSTEM PROFILEThe Wilson County School System is located in Lebanon, Tennessee and serves approximately 15,000 students at 21 sites.Wilson County strives to obtain the best teachers and administrators possible, knowing that this will directly affect the success of their students. Of the 991 people employed in positions that require state certification, approximately 48 percent, have attained an educational degree at the masters level or higher. It has about 8 percent who have achieved career ladder status of two or three. The system has also lowered pupils A variety of real classrooms from across the country is shown in every PD 360 program so that teachers can actually see how to implement best-practices in their own classroom teaching.Research-Based Best Practices The best-practices shown in PD 360 are always research-based and classroom-proven, dealing with nearly every education initiative of the past two decades.Tracking Features Wilson County teachers follow their own growth curve by using the tracking tools and reflection questions at the end of each segment while administrators use PD 360’s integrated tracking, reporting, and follow-up to ensure that teacher professional development happens consistently.Recognized Education Experts Wilson County teachers have easy access to over 100 top education experts at their fingertips without waiting for conferences or paying the high costs associated with them.Superintendent Bing realizes that the success of PD360 will be dependent on the quality of professional development.   He calls in his instructional technology director (you) and asks that you provide him a two –three page summary of a professional development proposal that will effectively implement PD360.  The professional development proposalshould include the following:GoalsStrategiesTimelineEvaluationA conclusion as to what Superintendent Bing should expect in 6 months and 1 year.You may selec t the format for the proposal that is most comfortable to you (narrative, table, PPT etc.)The Michigan Professional Development rubrics are included as a guide for technology enhanced professional development.   Also included are North Carolina’s Technology Facilitator standards, which are aligned to the National Educational Technology Plan.   They are not specific to the assignment itself; they provide guidance for high quality technology proposals.

Biology Word Dissections - Understanding Science Terms

Biology Word Dissections - Understanding Science Terms Pneumono-ultramicroscopic-silicovolcano-coniosis.Yes, this is an actual word. What does it mean? Biology can be filled with words that sometimes seem incomprehensible. Similar to how many biology students will dissect a frog, by dissecting these words into discrete units, even the most complex terms can be understood. To demonstrate this concept, lets begin by performing a biology word dissection  on the word above. Well take this long, seemingly impossible to understand word and break it down into its affix components to make it much easier for us to understand. To perform our  word dissection, well need to proceed carefully. First, we come to the prefix (pneu-), or (pneumo-) which means lung. Next, is ultra, meaning extreme, and microscopic, meaning small. Now we come to (silico-), which refers to silicon, and (volcano-) which refers to the mineral particles that make up a volcano. Then we have (coni-), a derivative of the Greek word konis meaning dust. Finally, we have the suffix (-osis) which means affected with. Now lets rebuild what we have dissected: Considering the prefix (pneumo-) and the suffix (-osis), we can determine that the lungs are affected with something. But what? Breaking down the rest of the terms we get extremely small (ultramicroscopic) silicon (silico-) and volcanic (volcano-) dust (coni-) particles. Thus, pneumonoultramicroscopicsilicovolcanoconiosis is a disease of the lungs resulting from the inhalation of very fine silicate or quartz dust. That wasnt so difficult, now was it? Key Takeaways Similar to how many biology students will dissect an animal, by performing a biology word dissection, even the most complex terms can be understood.Once you understand the common prefixes and suffixes used in biology, obtuse words are much easier to understand.For example, a large word like: pneumonoultramicroscopicsilicovolcanoconiosis can be broken down into its constituent parts. After parsing, we realize that it is a disease of the lungs resulting from the inhalation of very fine silicate or quartz dust. Biology Terms Now that weve honed our dissection skills, lets try some frequently used biology terms. For instance: Arthritis(Arth-) refers to joints and (-itis) means inflammation. Arthritis is the inflammation of a joint(s). Bacteriostasis(Bacterio-) refers to bacteria and (-stasis) means a slowing or stoppage of motion or activity. Bacteriostasis is the slowing down of bacterial growth. Dactylogram(Dactyl-)  refers to a digit such as a finger or toe and (-gram) refers to a written record. A dactylogram is another name for a fingerprint. Epicardium(Epi-)  means upper or outermost and  (-cardium)  refers to the heart. Epicardium  is the outer layer of the heart wall. It is also known as visceral pericardium as it forms the inner layer of the pericardium. Erythrocyte(Erythro-) means red and (-cyte) means cell. Erythrocytes are red blood cells. Okay, lets move on to more difficult words. For instance: ElectroencephalogramDissecting, we have (electro-), pertaining to electricity, (encephal-) meaning brain, and (-gram) meaning record. Together we have an electric brain record or EEG. Thus, we have a record of brain wave activity using electrical contacts. Hemangioma(Hem-) refers to blood, (angio-) means vessel, and (-oma) refers to an abnormal growth, cyst, or tumor. Hemangioma is a type of cancer consisting primarily of newly formed blood vessels. SchizophreniaIndividuals with this disorder suffer from delusions and hallucinations. (Schis-) means split and (phren-) means mind. ThermoacidophilesThese are Archaeans that live in extremely hot and acidic environments. (Therm-) means heat, next you have (-acid), and finally (phil-) means love. Together we have heat and acid lovers. Additional Terms Using our new found skills, we should have no trouble with the following biology related terms. Angiomyogenesis (angio - myo - genesis): This is a medical term that refers to the regeneration of heart (myocardial) tissue. Angiostenosis (angio - stenosis): This term refers to the narrowing of a vessel, typically a blood vessel. Angiostimulatory (angio - stimulatory): Angiostimulatory refers to the stimulation and growth of blood vessels. Biotroph (bio - troph): Biotrophs are parasites. They do not kill their hosts as they establish a long-term infection as they get their energy from living cells. Bradytroph (brady - troph): This term refers to an organism that experiences very slow growth without the presence of a particular substance. Necrotroph (necro - troph): Unlike biotrophs, necrotrophs are parasites that kill their host and survive on the dead remains. Oxalotrophy (oxalo - trophy): This term refers to the metabolism of oxalates or oxalic acid by organisms. Once you understand the commonly used prefixes and suffixes, obtuse words are a piece of cake! Now that you know how to apply the word dissection technique, Im sure youll be able to determine the meaning of the word thigmotropism (thigmo - tropism).