Tuesday, August 20, 2019

Code of Ethics Design and Implementation Essay -- Business Ethics Essa

Introduction Business ethics has become increasingly important in recent years. American’s idea of business had become more negative due to the scandals in the early nineteen nineties. Due to the increasing public outcry, it is more important than ever to have an enforced code of ethics or CofE. Currently, the organization I work for, PBC, does not have a code of ethics. There are many important ideas that need to be implemented in a CofE for my organization to ensure ethical behavior by every employee. I will be developing an ethics plan to be adopted by my organization, and will provide evidence as to why that is in my code of ethics. Organizational Structure The management company I work for is the most decentralized organization out of all the organizations I have worked for in the past. In a decentralized organization the decisions are delegated all the way down to the bottom of the organization (Ferrell, Fraedrich, & Ferrell, 2011). In my company all decisions are left to me, since the only people above me are my owners. Since I work with a decentralized organization, and ethics program is even more important. One author linked the size of the organization to the risk of unethical behavior, and found that the smaller more flexible the company sees both extremes of high ethical behavior and low ethical behavior (Schminke, 2001). When I recently took over the community, the lack of an ethics program became a hurdle I had to overcome. The previous manager did quite a few things that were unethical. Since there is no one supervising my staff and I when it comes to ethical decisions, it is even more important to have a solid ethics program. Within the management company I work for we have both formal and ... .... C., Fraedrich, J., & Ferrell, L. (2011). Business Ethics: Ethical decision making and cases 8th ed. Mason, OH: South-Western Cengage Learning. McNamara, C. (n.d.). Complete Guide to Ethics Management: An Ethics Toolkit for Managers. Retrieved September 1, 2011, from Free Management Library: http://managementhelp.org/businessethics/ethics-guide.htm North Carolina Department of Administration. (2005, July 1). Example of an Organizational Code of Conduct. Retrieved September 1, 2011, from North Carolina Department of Administration http://www.doa.nc.gov/cfw/documents/grants/2010/policy/OrganizationalCodeofConductExample.pdf Schminke, M. (2001). Considering the Business in Business Ethics: An Exploratory Study of the Influence of Organizational Size and Structure on Individual Ethical Predispositions. JOURNAL OF BUSINESS ETHICS , 30 (4), 375-390.

Monday, August 19, 2019

A Portrait of the Artist as a Young Man Passage Commentary :: essays research papers

Passage: Page 248: â€Å"-You made me confess the fears that I have†¦Ã¢â‚¬  – Page 249: â€Å"Cranly did not answer.†   Ã‚  Ã‚  Ã‚  Ã‚  In this passage, Stephen is saying how Cranly has made him confess all of his fears to him, but then he tells Cranly what he does not fear. Stephen tells Cranly that he does not â€Å"fear to be alone or to be spurned for another or to leave whatever† he has to leave. Stephen has gone through several stages in his life, and now that he has gone through all of those stages, he feels that he needs to go further into himself to try to discover his real self. Stephen also mentions to Cranly that he is â€Å"not afraid to make a mistake, even a big mistake, a lifelong mistake and perhaps as long as eternity too.† This shows that Stephen feels that making mistakes is fine because in the end, he will learn from his mistakes. Meanwhile, Cranly repeats the word â€Å"alone† twice to try to enforce the word to Stephen and make sure that the word stands out to him. He is trying to make sure that he understands what Stephen is really saying. Cranly also points out that the word â€Å"alone† means â€Å"not only to be separate from all others but to have not even one friend.† By saying this, Cranly is trying to point out to Stephen that if he leaves everything, he will also be leaving Cranly, who is Stephen’s best friend. Stephen replies without hesitation that he â€Å"will take the risk.† This shows how determined Stephen is to pursue art as a career. Cranly goes on, while ignoring Stephen’s last sentence, talking about how if a person is truly alone, he or she would not â€Å"have any one person†¦who would be more than a friend, more even than the noblest and truest friend a man ever had.† At this point, it is unclear about whether Cranly is addressing Stephen or talking to himself. Cranly remains quiet afterwards pondering that thought while Stephen looks at Cranly’s face for any reaction. Stephen then realizes that Cranly had been speaking of himself, and of â€Å"his own loneliness which he feared.† After some time, Stephen finally asks who Cranly is speaking of, but Cranly remains silent and does not answer. In this passage, it becomes very clear that Stephen and Cranly are two very different people despite the fact that they are best friends.

Sunday, August 18, 2019

What tree did you fall from? :: essays research papers

> >What tree did you fall from? Find your birthday, find your tree and then > >scroll down... This is really cool and somewhat accurate, also in line > with > >Celtic astrology. > >Jan 01 to Jan 11 - Fir Tree > >Jan 12 to Jan 24 - Elm Tree > >Jan 25 to Feb 03 - Cypress Tree > >Feb 04 to Feb 08 - Poplar Tree > >Feb 09 to Feb 18 - Cedar Tree > >Feb 19 to Feb 28 - Pine Tree > >Mar 01 to Mar 10 - Weeping Willow Tree > >Mar 11 to Mar 20 - Lime Tree > >Mar 21 - Oak Tree > >Mar 22 to Mar 31 - Hazelnut Tree > >Apr 01 to Apr 10 - Rowan Tree > >Apr 11 to Apr 20 - Maple Tree > >Apr 21 to Apr 30 - Walnut Tree > >May 01 to May 14 - Poplar Tree > >May 15 to May 24 - Chestnut Tree > >May 25 to Jun 03 - Ash Tree > >Jun 04 to Jun 13 - Hornbeam Tree > >Jun 14 to Jun 23 - Fig Tree > >Jun 24 - Birch Tree > >Jun 25 to Jul 04 - Apple Tree > >Jul 05 to Jul 14 - Fir Tree > >Jul 15 to Jul 25 - Elm Tree > >Jul 26 to Aug 04 - Cypress Tree > >Aug 05 to Aug 13 - Poplar Tree > >Aug 14 to Aug 23 - Cedar Tree > >Aug 24 to Sep 02 - Pine Tree > >Sep 03 to Sep 12 - Weeping Willow Tree > >Sep 13 to Sep 22 - Lime Tree > >Sep 23 - Olive Tree > >Sep 24 to Oct 03 - Hazelnut Tree > >Oct 04 to Oct 13 - Rowan Tree > >Oct 14 to Oct 23 - Maple Tree > >Oct 24 to Nov 11 - Walnut Tree > >Nov 12 to Nov 21 - Chestnut Tree > >Nov 22 to Dec 01 - Ash Tree > >Dec 02 to Dec 11 - Hornbeam Tree > >Dec 12 to Dec 21 - Fig Tree > >Dec 22 - Beech Tree > >Dec 23 to Dec 31 - Apple Tree > >APPLE TREE (Love) - of slight build, lots of charm, appeal, and > attraction, > >pleasant aura, flirtatious, adventurous, sensitive, always in love, wants > to > >love and be loved, faithful and tender partner, very generous, scientific > >talents, lives for today, a carefree philosopher with imagination. > >ASH TREE (Ambition) - uncommonly attractive, vivacious, impulsive, > demanding, > >does not care for criticism, ambitious, intelligent, talented, likes to > play > >with fate, can be egotistic, very reliable and trustworthy, faithful and > >prudent lover, sometimes brains rule over the heart, but

Saturday, August 17, 2019

Monopoly versus perfect markets Essay

This paper investigates the two extremes of market structures. A monopoly firm, and a firm which operates in a perfectly competitive market. We will compare features, similarities, differences, advantages and disadvantages. The monopoly firm I have chosen is Thames Water. This company is an accurate example, as it’s the sole supplier of the industry. The firm, is the industry. Thames Water supply water through peoples taps in and around London. Fyffe is my chosen firm in a perfectly competitive market. I think this is a good example. It sells bananas to supermarkets and food suppliers, who resell on to customers. The next two paragraphs explain the features of perfect competition, then a monopoly. â€Å"The theory of perfect competition illustrates an extreme form of capitalism. † (Sloman, 2007:113) There are many suppliers, who all only supply and produce a small fraction of the total output, of the whole industry. None of the firms have any power over the market. (Mankiw, 2001) Barriers to entry do not exist. Therefore firms can enter and leave the market freely. Apart from the money and time it takes to set up the business, there are no other obstacles. Both producers and consumers have perfect knowledge of the market. Therefore they both know prices which should be paid, quality which should be met, availability of the product. Market opportunities for expansion, and entry opportunities in the industry as a whole. The price Fyffe must charge for their bananas will depend upon the demand and supply of the whole market, not just Fyffe personal demand. Hence they have no power over prices. They must follow the market forces. (Sloman, 2007)Established firms in the banana industry have no advantage over firms who have newly entered the market. (Parkin, Powell, Matthews)â€Å"This means they can sell all the products they can produce at the market price, but none at a price which is higher. † (Sloman, 2007:114) If Fyffe raise their selling price above p1, their demand will drop to 0, because if Fyffe raise the price of their bananas, consumers will just buy from another firm selling at the current market price. Illustrated in diagram 2. (Beardshaw, 2001) All firms operating in the banana industry sell a homogenous product, all the firms in the industry sell an identical banana. The theory states there is not a great need for advertising or branding. (McConnell, 2008) I would agree with this statement in the context of bananas. Advertising is not needed as people will not look for a specific brand of banana. They all taste the same. However I think a firm in a market selling shampoos and conditioners would need a certain amount of branding and advertising so people choose their product and gain customer loyalty. In the shampoo industry products are not as homogenous. A pure monopoly owns 100% of the industry. Thames water have a great deal of power, and are price makers, thus they set the price to how much they want to charge. If the consumer cannot, or doesn’t want to pay the price, they have to go without the tap water. In the short run both perfect competition and monopolies can make economic profits, losses and supernormal profits. Only monopolies can manage to sustain super normal profits in the long run. â€Å"Persistant economic profits are called monopoly profits. † (Dobson, 2005:99) Monopolies can sustain supernormal profits and remain safe and unaffected by competition due to barriers to entry. Supply to the industry does not increase with new entrants. (Hunt, 1990). There are many types of barriers to entry. Thames water is known as a natural monopoly, meaning there are barriers to entry due to large economies of scale. (Sloman, 2007) Capital equipment is so expensive and large scale that only one sole supplier could manage to make a profit in the water industry. However Thames Water incurred low marginal costs once they are set up. â€Å"If average cost falls as output increases over the entire range of market demand its a natural monopoly. † (Dobson, 2006:100) â€Å"Each would have a very high average cost at a low output. † (Begg, 2005:134) Correspondingly Thames Water gain barriers to entry through lower costs. This is an artificial barrier. The firm is experienced in their field. Has good knowledge of their market, and will be able to gain the best rates of interest on finance, the best suppliers at the lowest costs, and lean methods of production. Other firms would struggle to compete. If a firm decided to set up and compete with Thames Water, and failed by going out of business there would be huge sunk costs. This occurs when high amounts are spent on capital expenditure, which cannot be used on another business venture. (Sloman, 2007) This is an example of exit costs. It would be a huge loss to the firm, and would discourage firms from entering the market. Thames water also have patents copywrite and licensing. The next two paragraphs explain the effect on demand for perfect competition, then a monopoly. For Fyffe the price charged for the bananas is equal to marginal revenue. Average revenue and demand are also equal to price. If average cost dips below average revenue the firm will earn supernormal profits. If demand is above where marginal costs and marginal revenue meet the firms will be making normal profit. See diagram 2. Normal profits cover opportunity costs of the owners money and time. If Fyffe set output below equilibrium marginal cost would exceed marginal revenue and profit would be lowered. If Fyffe raised output above equilibrium marginal costs would exceed marginal revenue and profits would also be lowered. See graph 1. (Dobson, 2005:99) The demand curve is elastic for the banana industry, but not perfectly elastic. Hence why it slopes downwards in diagram 1. If there is a rise in price for bananas, consumers will spend less on the product, and Fyffe will entail a fall in revenue. In contrast if the price of bananas drop, consumers will buy more of the product, and providing the firm is covering their costs they will receive an increase in revenue, because bananas can be relatively easily substituted by another cheaper fruit. Furthermore bananas will sell for a cheaper price when they are in season, due to a larger supply to the market in this period. Fyffe is perfectly elastic which is why their demand curve is horizontal. See graph 2. The firms prices are not affected by their output and their decisions do not affect the industry. (Ison, 2007) Firms must produce at equilibrium to maximise profits, which is where the market supply, meets the market demand, as illustrated in diagram 1. Short run â€Å"assumes the number of firms in the industry does not increase, as there is not enough time. † (Sloman 2007:114) When a firm produces quantity and price, where marginal costs, and average costs meet they are breaking even. See diagram 2. (Begg, 2005) Consumers are charged a price which is equal to what it costs the firm to produce the extra unit. See diagram 2. If the demand curve for bananas increases short term, the demand curve will shift to the right. See diagram 3. This results in a higher equilibrium and a higher selling price. As selling price has increased farmers will raise their output by increasing their variable costs such as labour and materials. This will result in a larger profit and profits are maximised. As illustrated in diagram 4. In contrast if the demand for bananas was to decrease, this would cause a shift to the left in the demand curve. See diagram 5. This results in a lower equilibrium for the industry, and a fall in the selling price. Consequently all firms in the industry including Fyffe would reduce output, by decreasing variable factors and the firm would suffer economic losses. As illustrated in diagram 6. (Dobson, 2005) If Fyffe or Thames Water are not covering their average total costs in the short run, they should carry on trading, but if they are not covering their short run average variable costs, it would be cheaper to temporarily close down. The theory is known as the short run supply decision. (Ison, 2007) In the long run any firm should close down if it is not covering its total average costs as it is loss making. Called the long run supply decision. (Begg, 2003) When demand increases and selling prices rise in the long term, existing firms are making supernormal profits. Several new firms will enter the market. The supply curve will shift to the right, and supply will increase, which will lower market price. As more new industries join firms reduce their output until they are making a normal profit again. Output of the whole industry will be larger now that more firms are in the market, and there is no incentive for firms to enter, or leave the market as breakeven profits are being made. Referred to as the entry or exit price. When there is a decrease in demand, prices will fall, and firms will reduce output to minimise losses. Eventually due to losses some firms will leave the market which lessens supply and the supply curve will shift to the left. This raises prices due to restricted output, and farmers will start to make normal profits again. So there are less firms and less output in the industry. (Dobson, 2005) In the long run there are no fixed costs in any industry, as firms can change their plant size or machinery. Resulting in a long run supply curve which is flatter than the short run. (Begg, 2003) If all firms operating in the industry restricted supply together increasing demand and prices, new firms would enter the market which would increase supply and lower prices. (Begg, 2005) Thames water are price inelastic, and have a low income elasticity of demand, because there are no close substitutes for their product, and water is a essential item. However they are not perfectly inelastic, as a rise in price will still amount to a small drop in quantity demanded. This means Thames water’s revenue will increase with a rise in price, and decrease with a fall in price. A profit maximising level of output is where marginal revenue is equal to marginal cost but rising up to the demand curve to obtain price. See diagram 9 (Sloman, 2007) The demand curve in diagram 9 represents the value of Thames water to customers, and the marginal curve shows the costs Thames water must pay. The marginal revenue curve must lie below the downward sloping demand curve as marginal revenue is less than price. The further the distance between the demand curve on the right hand side and the marginal revenue on the left the more inelastic the demand, see diagram 9. (Dobson, 2005) ) A firm cannot produce to the right of marginal revenue as this part of the diagram is inelastic. In order for the monopolist to sell a larger amount, the price must be lowered on all previous units, so to prevent this the monopolist may restrict output to keep a larger revenue. Creating scarcity and raising the equilibrium price. (Begg, 2005) â€Å"The excess of price over marginal costs shows the monopolies power† (Dobson, 2005:102) The power to raise prices by selling a smaller amount of output. Diagrams 8, 9, and 10 show long run economic profits, normal profits and losses. Thames water will then check weather the profit maximising level of output covers their total costs in the long run and variable costs in the short run. (Begg, 2003) Thames water is not a contestable market due to the fact it’s a natural monopoly, and has very high barriers to entry. This means they can charge high prices and make supernormal profits, without the threat of competition and new entrants. (Sloman, 2007) Thames water may want to behave ethically when setting prices. If they choose too high a price which people cannot afford this could lead to poverty, but if they charge too low a price this could lead to a wastage of water. Monopolies often use price discrimination when setting prices. Although Thames water do not. Perfect competition cannot use this method. Particular consumers are charged a higher price for an identical service so the monopoly can earn higher profits. (Ison, 2007) Revenue is not lost from previously sold units when price is reduced. More output can be sold ands firms can catch some of their consumer surpluses. See diagram 12. â€Å"Surpluses are the difference between actual price paid and what consumers will have been willing to pay. † â€Å"So the business is treating the demand curve as the marginal revenue curve† (Ison, 2007:138) Only works when consumers cannot buy the product for a cheaper price and sell on to others. (Begg, 2005) A firm operating in perfect competition will achieve allocative efficiency. This exists when price is equal to marginal costs. â€Å" Society is better off when resources are allocated to maximise the total surplus in the market. † (Dobson, 2005:91) Productive efficiency will also be achieved, meaning Fyffe will produce and sell their output for the lowest price they can in the long run giving consumers the best possible value for money. â€Å"Price equals minimum average total cost. † (Dobson, 2005:92) This is good for consumers and society as consumers get the best possible value for money. (Sloman, 2007) Perfectly competitive markets are critised for having a lack of variety, unable to fully satisfy consumers wants and needs. Furthermore the long term entry and exit of firms can be a waste of certain resources such as empty buildings. This is called competitive forces in action. (Dobson, 2005) Monopoly’s are in a position to give us a lower price if they decide to, due to economies of scale. The marginal cost curve is lower than the supply curve in their graph which means the firm can supply more output at a lower production cost. Supernormal profits can fund research and development which will improve the quality of the product. Therefore the monopoly can innovate and introduce new products. (Ison, 2007) However some firms may not do this as they do not need to fight to stay in the industry, with no competition around. (Mankiw, 2001) Joseph Schumpeter said in theory monopolies have more ability and incentive to innovate which can make them better for society. If you imagine a whole industry was taken over by a monopolist, they could eliminate competition and charge very high prices, by reducing output level to which raises price. Supernormal profits represent a redistribution of income from consumer to producer which can be critised on equity grounds† (Ison, 2007:137) Monopoly firms have been known to â€Å"engage in dirty tricks to protect themselves from competition. † They do not produce an output which minimises average costs. Making them productively efficient. â€Å"Perfect competition is rare due to larger companies expanding, gaining economies of scale and market power. Resulting in other firms being forced of the business. So if economies of scale did not exist any industry could have perfect competition. † (Dobson, 2006:94) Monopolies are also rare, and both are extremes of market structures. Most firms lie somewhere between the two. I think the two firms I picked are a fair comparism. They are both from a mixed economy. Thames water will have regulating agencies monitoring them. There are only 3 legal monopolies in Britain Thames Water included. In the past there was a significant amount of monopolies which were government owned. When Margaret Thatcher came into power she privitised these firms as she believed competition would lead to greater efficiency and lower prices which would benefit society as a whole. I agree with her decision and I think after researching, perfect competition appears to be the better option for consumers. Monopolys benefit society in certain situations such as retained profits ploughed back into research and development for medical reasons, and natural monopolies who could not survive in a perfectly competitive industry. Monoplies and perfect competition are becoming more rare as time goes on and who knows what will happen in the future.

Friday, August 16, 2019

Assignment 1 Essay

Professor Identify the pros and cons of the partnership as a form of ownership. Discuss funding options for small businesses. Determine and discuss how managerial accounting can help managers with product costing, incremental analysis and budgeting. Discuss the basic components of the marketing process using a product or service of your choice as an example. Discuss the roles of social responsibility and technology in the marketing function. A partnership as a form of ownership is formed quite simply. When two or more people get together and come to an agreement on what type of business to take part in, then all parties share investment, profit, and of course loss. Let’s discuss the pros and cons ofa partnership. Pros, one of the many things all investors would like to see out weight the cons in anything they are engaged in mentally, physically, and of course financially. First of all, one pro would be how easy it is to create a partnership. You simply get with at least one other person come to an agreement over all the business details, and â€Å"BAM† you have a partnership. Some people are comfortable in erbal agreements but I personally would suggest you get all your partnership details on a written legal document Just in case. Funding is another advantage toa partnership. When two or more people come together to form a business partnership money is invested from all parties involved in turn the business has a stronger financial backing to support it. Not only will the business have a strong financial backing all partners invested may have access to outside money to support the business even further along. One of the best advantages in being in a business partnership is shared responsibility. Shared responsibility is crucial in a successful business and of course partnership. When the business starts to get a bit heavy you can hand it to your partner or partners to carry the work load for a while. You can also look to your partners for moral support when you may think things aren’t going as stated in your business plan. So far we have heard the pros ofa business partnership but like every bandage that fixes that painful spot you eventually have to pull it off. Cons, the opposite of Pro, the many things that all business investors need to know before investing but never want to hear. You may be thinking since it was a breeze to create this business partnership the rest will come as a breeze. You could your mind; everyone who is a partner is liable for all debts. You and your partners are all Jointly or individually liable for all debts accumulated by the business. For example, let’s say your partner or partners are taking the profits the business is making and gambling with it. Your partners blow away all the profits on poker games and skip town what then, that’s right you are still liable for any debt accumulated by the business. Another obvious con is your business partners will want to share the rofits made by the business. You can’t assume when the business makes profit everyone will agree on saving it. Your partner or partners may want to buy cars, houses, or maybe boats. You don’t have total control of the business. Business decisions are made Jointly not on your own. You may run into disagreements that in turn create the other partner to leave the business, or even lead to buying out the other partner. Pros and cons are a great way to see if you’re the, â€Å"partner type†, if so make sure you pick the right partner or partners for your business. There are many ther factors in owning and running a business. For example, in order to get your business off the ground you have to find the money to do so. Debt financing is one way you can start up your business. Debt financing is simply going to a bank that knows you have good credit, a good standing history with them, and apply for a small business loan. In the current economy most banks can be very hesitant to offer you the loan so another way is equity. Selling a share of your business meaning you aren’t solely in charge or will now be sharing the profits may be scary, but it can help you start up your business. After starting up your business you now have to manage the business or appoint someone for the Job. Managing the accounting is a great way to stay on top of product cost, and budgeting. Managerial accounting is detailed data used for inside members of a company. Managerial accounting includes things like cost of the product, cost of shipping, cost of employee benefits, cost of turnover, basically every number available to you and your partners. You can determine if you have the budget to raise wages for your employees to boost employee morale. Each business owner can use the data to do their Job better. You can go to your losses data and determine if your employees are stealing from you. Then determine how much more security you will need in order to prevent product loss. If you or your manager for your business needs to determine if their product was set at the right price they could view the sales data to see if the supply met the demand. If you see that one of your items hasn’t been selling very well you can set it at a lower price or you can Just order less of such product. If you see you sold a lot of a particular product you can raise the price as you see fit. You now know if you are the partner ype, you know a couple ways to possibly fund your business, and you know how to manage your data and budget. How are you going to get costumers through your door or buying your product? How will you market yourself? Let’s use my dream business as an example. I would like to open up a caf © lounge that serves fair trade coffee, craft beer, and fine wines. In order for me to make any kind of better profit for my business I have to market my business. You have to give the people what they want in my case I would produce amazing cups of coffee. My business would offer a coffee with better taste, and appeal. My coffee would be made with love and not thrown at you in the pickup line simultaneously saying, â€Å"NEXT†. My caf © lounge would major downtown street. Location is important for my caf © lounge so doing a little research of the area by visiting throughout all times of the day to see the amount of traffic the area receives is crucial. Then maybe you can ask around the nearby stores to see if customers purchase a lot of coffee. You can even go to the nearest coffee shop and see what coffee and vibe they offer and simply ask the locals what kind of coffee they like or would like to drink in what kind of atmosphere. After finding your target market, a great location, building your business, affordable product pricing, and setting your hours of operation it is time to promote your business. You can put ads in the local newspaper, ads in local magazines, and maybe even do a commercial broadcast in the tri county area. You will have to set your product apart from all the other competitors. For me coffee is all about personality, process, and taste. In order to retain customers your employees have to be personable, professional, and building customer relationships. Then there’s process, customers will see you make heir drink every step of the way making it an enjoyable experience. Lastly is taste, my employees being highly trained baristas will make you a drink to your satisfaction in a timely fashion all the while maintaining a welcoming atmosphere for my caf © lounge. Having the best tasting coffee and vibe may do Justice but for long term business it may not be enough this is when you bring in the events. Doing special events with your business such as charities, open mic nights, acoustic Jam sessions, and book clubs is a great way to attract more customers and maintain current ones. Internet is your best friend. Creating a website for your business is an amazing marketing play. It allows your customers to have 2417 access to information, and product choices. You can post updates on new product arrivals, special events, and specific information for each product you offer. The best part about having a website is they can look you up anywhere in the world that offers internet. Another great marketing strategy is purchasing ad space on other websites like a grocery franchise or sports sites. Green marketing is another great way to market your business. Customers love knowing your business is eco friendly by recycling, or using recycled aterial. By simply pushing customers to buy coffee to drink in house rather than take away conserves paper cups in turn less garbage. If customers choose to take to go anyways inform the customers all your paper products are recycled and recyclable. Offering organic treats to eat along with their coffee can promote a green business as well. In the end knowing everything there is to build, manage, and market your business your goal is to have long term profitability. You want to exceed customer satisfaction, you want to blow away the competition, and be prepared for even harder competition in the future.

Thursday, August 15, 2019

Coming of Age in Mississippi Essay

â€Å"No one’s life is a smooth sail; we all come into stormy weather.† This statement has more truth to it than one may think. In life, everybody reaches a rough point, a point where the light at the end of the tunnel seems dim, or even nonexistent. But overcoming this adversity is what builds character. Accepting and prevailing over life’s obstacles are what separate strong, independent-minded and forward-thinking people from those who give up and avoid their problems. Anne Moody, author of Coming of Age in Mississippi, lived a life of great struggle in which she overcame adversity with great efforts and a dedicated heart and mind. As an African-American female, Anne Moody had one of the hardest battles to fight throughout her life. With limited rights as a woman and even further limitations due to race, she often found herself being subordinated by others. While in high school, she left her hometown of Centreville, Mississippi to spend the summer in Baton Rouge, Louisiana. While there, she worked for a local woman, Mrs. Jetson, doing housework. After working for Mrs. Jetson for two weeks, Anne wished to collect her pay. When Anne found Mrs. Jetson’s house empty, she recalled â€Å"On Monday I did call the shoe store, and was told Mrs. Jetson had quit on Friday. I had never before felt so gypped in all my life. Out of all the women I had worked for this woman was the worst† (Moody 150). Anne had been cheated out of two weeks’ worth of pay. She was astonished at Mrs. Jetson’s audacity in failing to pay Anne what was rightfully hers. It was difficult to find jobs where she was treated with some dignity, and almost impossible to find ones where she was treated as her employer’s equal. Anne was forced to change jobs frequently on account of being disrespected and used. Although no scamming experience was as impactful on Anne as the one with Mrs. Jetson, Anne experienced similar situations in jobs she had prior and jobs she took afterward. The summer after being in Baton Rouge, Anne went back to Louisiana; this time she stayed in New Orleans. There, she managed to land a job in a chicken factory. What she expected to be a large, intricate, and somewhat clean workplace turned out to be a dreadful nightmare. To her shock, she found herself gutting freshly killed chickens for over ten hours a day  without gloves or proper sanitation whatsoever. Near the end of the day, Anne recollected her â€Å"face, arms, and clothes were splattered with blood and chicken shit. I got so disgusted at one point that I stood there and let about a dozen chickens half full of shit pass me by† (Moody 178). Along with the other factory workers, Anne is treated with the utmost disregard to dignity and sanitation. She is forced to work excruciatingly long hours for minimum wage, exposed to grotesque dead animals and susceptible to disease. Unfortunately, because the pay was better than most other jobs in the area, Anne was forced to stick with her factory work. She worked in the factory for a month, saving her money and gaining exposure to the various stations in the factory. Although she did make very good money under the circumstances, she was deeply affected by her work; for years she could not eat chicken and for the rest of her life she refused to eat boxed chicken. The challenge of going to work every morning knowing what she was going to endure was tough, but her willpower and need for money helped her push through. After high school, Anne applied to and attended Natchez College in Mississippi. During her second year, she was eating in the cafeteria on campus when she and a few other classmates found maggots in their food. Disgusted, she and her classmates stormed into the kitchen to find an explanation for the repulsive experience. She â€Å"knew exactly where the grits were kept from the time I had worked in the kitchen. I went straight to the pantry and saw that there was a big leak from the showers upstairs. The water was seeping right down onto the shelves† (Moody 256). Anne and her classmates boycotted the campus cafeteria and its food, refusing to yield until some sanitary fixes were implemented. The challenge here was finding other ways to stay fed. The students did not have enough money to last them more than a week or so, so eventually they all started back, one by one, to the cafeteria and its semi-sanitary food. Still repulsed, Anne refused to go back and began losing a lot of weight. She became so thin and hungry all the time that she resorted to writing her mother who brought her enough canned food to last the remainder of the semester. The challenge in staying fed with healthy, sanitary food was one which presented itself on a large scale for Anne at college and otherwise. Had she been unable to obtain food from  her family, she may have starved to the point of fainting or even death. Overcoming this challenge was just about a matter of life or death for Anne. One of Anne’s most prominent memories and experiences in her early life was during her college career when she participated in a sit-in in Woolworth. The idea of the sit-in was to sit calmly at a white lunch counter and ask for service; thus, blacks wanted to show they wished to be treated equally. Of course, doing such a thing drew a lot of attention in very little time, and soon after the sit-in began a large crowd formed in the restaurant. After the crowd of whites realized Anne and her fellow sit-in participants would not budge until they received service, â€Å"the mob started smearing us [sit-in participants] with ketchup, mustard, sugar, pies, and everything on the counter. Soon Joan and I were joined by John Salter, but the moment he sat down he was hit on the jaw with what appeared to be brass knuckles. Blood gushed from his face and someone threw salt into the open wound† (Moody 291). The violence that occurred at the sit-in that Anne and her friends had to endure is almost unimaginable. The absolute disrespect, degradation, and cruelty shown to blacks by whites is virtually unbelievable, yet Anne was faced with challenges like these almost every day. Amazingly, Anne was courageous, intelligent, and controlled enough not to fight back and to remain nonviolent no matter what violence was shown to her. Her ability to not fight fire with fire is remarkable, and helped her to overcome the adversity which she so often found herself facing.

New System Proposal Essay

Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Its products include plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its plant in Pontiac, Michigan, and plastic fan parts produced at its facilities in Hangzhou, China. The company’s research and development is done at the corporate headquarters in San Jose. Riordan’s major customers are automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers. As you can see Riordan is a large company with offices worldwide and communication and travel can be a major expense for the company especially when implementing new lines and technology at one of their facilities. Future statements made by Riordan, We will maintain an innovative and team oriented working environment. By assuring that our employees are well informed and properly supported, we will provide a climate focused on the long term viability of our company. We must be focused in achieving and maintaining reasonable profitability to assure that the financial and human capital is available for sustained growth. As Riordan moves forward with their mission statements the cost of implementing new technology and training employees to operate and manage these new systems costs hundreds of thousands of dollars. The company’s most recent expansion took place in 2014 when it opened its operations in China. At that time, the entire fan manufacturing operation was moved from Michigan to China and the Pontiac, MI facility was retooled for the manufacture of custom plastic parts. During the first quarter of the  expansion travel costs alone just for the training of the ongoing systems integration project surpassed one hundred thousand dollars. We know that Riordan will always be on the forefront of applying new technology and systems to keep up with market trends in the future. This is why implementing the creation, deployment, and support of effective interactive distance learning and communication systems to improve business, is crucial to the ongoing success of the company. The CADE system will reduce thousands of dollars of travel expenses directly related to the training required with each new system at all of the company’s facilities. Developing a distance learning system that will allow Riordan to provide effective training through teleconferencing from their headquarters in San Jose CA to facilities all over the world will reduce expenses by millions of dollars over the long term. The Need for Training and Communication The cornerstone of a competitive organization is its highly trained workforce. In today’s market, product life-cycles are shorter, more complex. The available time for training is greatly reduced. Many companies are downsizing and the responsibilities of those that remain are increased, jobs are consolidated. Corporate communication and training needs have never been more important†¦ Time becomes one of the most limited resources. Regardless of the industry, many of these issues are very much the same: (Velocedge Inc, 2014). High cost and increased difficulty of travel Inability to reach all employees anywhere, anytime High cost of training, continuing education Lack of qualified instructors or presenters Time it takes to get a message to all employees Expensive to develop effective training and communication programs Loss of productivity when employees take off work for travel, training, or meetings Difficulty in transferring knowledge throughout the organization The CADE System The Communications And Distance Education (CADE) system is designed to  facilitate live, interactive programs over a satellite, Internet, or streaming video network as well as capture those programs for later playback. Interactive Satellite Delivery During an interactive broadcast, the instructor or presenter can ask multiple choice, true/false, yes/no, numeric, and multiple selection questions and participants can respond with either wireless remote controls in a classroom setting or through a personal computer. The PC at each remote location collects participant responses from the wireless remotes and transmits them back to the presenter over an intranet or Internet connection. Participants may also speak with the presenter, using voice over IP, PBX, or standard telephone line, and everyone in the broadcast can listen to that conversation. Interactive Web Delivery With CADE eTutor, interactive training and communication programs can be delivered over the Internet/Intranet. It provides the same capabilities of the satellite delivery system, as well as a few extra features, in a desktop version using highly compressed audio and video over IP. Capture All Interaction Participant responses are captured, time-stamped, and stored in a web-based learning management system. In addition to capturing the satellite based information, the CADE system also supports web based training, classroom, paper based, and is fully SCORM compliant. All data in the CADE system is created, managed, and accessed through this web-based portal to the database. CADE System Components The CADE system is comprised of a number of software applications. These applications include: Studio Control System – The instructor or presenter’s interface Virtual Classroom – The remote site control program eTutor – The web-based interactive delivery system Learning Management Web – The web-based learning management system New System Flow Diagram for CADE System at Riordan Manufacturing The new CADE is a free standing system that has virtually no effect or interaction with any of the present Information systems or processes currently in use by Riordan Manufacturing. The CADE system is designed to facilitate live, interactive programs over a satellite, Internet, or streaming video network as well as capture those programs for later playback. CADE is primarily a software based product but it represents a new paradigm in software development, utilizing an effective integration of world-class software components and Internet technologies in an adaptive architecture. To keep pace with today’s rapidly changing world, CADE was designed to incorporate change as quickly as an organization realizes the need for change. Corporate management faces many issues that can keep an organization from being as competitive and profitable as it needs to be†¦ CADE won’t be one of them. As a new or better technology solution is identified, an idea to improve a feature, or a new function desired, that change can be easily incorporated into the CADE products keeping your system continually up to date, meeting each new requirement, and keeping your investment protected. Satellite -Live -On-demand -Prerecorded Interactive Web Training Audio/Video -Live -Prerecorded Web Courses SCORM Classroom Video On Demand Desktop Classroom CADE Advantages to Riordan Interactive Distance Learning Even though there is a lot of talk about distance education, over 90% of all formal training continues to use classroom delivery. The major cost driver of training is delivery. Satellite or web based, Interactive Distance Learning (IDL) provides the benefits of classroom without the large cost. (Velocedge Inc, 2014). . Faster Deliver to more people in less time, Concept to delivery time in hours or days, Cut classroom delivery time in half, Deliver to entire target population in one broadcast Cheaper Fewer experts needed to deliver message, Deliver to more people with less cost, Low cost to develop and deliver content, Incalculable cost savings: time off work, travel, per diem, etc. Better Over 25% improvement in student retention, Most consistent message delivery, one voice Standardized design , Utilize only the most qualified instructors, Provides detailed tracking and reporting (Velocedge Inc, 2014). Presently Riordan’s first quarter number’s pertaining to the General & Administrative line item is over budget one hundred thousand dollars due to travel and per diem expenses related to emergency training of the new systems that have been added. By incorporating the new CADE system to provide long distance training this will eliminate any additional over budget expenses caused by the new systems and also provide low cost long distance training for any future systems that are put in use by the company. The new CADE system will reduce company expenses in many ways: reducing or eliminating travel and per diem costs, reducing course development costs, reducing the number of trainers, reducing the time off work, reducing the time to develop a course, and many other ways. Pricing is based on the number of remote sites you have and the Presentation Studio System that is specified. However, the cost is a fraction of what you are spending now to train your employees. References Velocedge Inc. (2014). velocity and knowledge. Retrieved from http://www.velocedge.com/ Learn.net. (2014). The CADE System. Retrieved from http://www.velocedge.com/CADEnew/Products/index.htm