“The value of higher education is to make men aware of...

â€Å"The value of higher education is to make men aware of what was and what is, to incite them to probe into what might be.† Otto Keppler Mechanical Engineering is an innovative and research oriented field, the broad and diversified application of this branch always fascinated me. I had always wanted to be a part of this field and be able to contribute to the same. The more I learnt about Engineering Management in my under graduation, the more certain I became that a career in this path suits me. Further, I believe that a master’s degree in Engineering Management and Systems Engineering would provide enough opportunities to add to my intellectual knowledge and would be my first step towards creating something innovative and novel During my†¦show more content†¦My undergraduate study was a richly rewarding experience, during which I have participated various Industrial training programs I always believed that curiosity has been the cornerstone of man’s evolution. I had this curiosity and thirst for knowledge in me. Right from my childhood, I was interested in Automobiles. I liked tinkering with objects. I always enjoyed analyzing and understanding the working of Automobiles, starting from experimenting on my toys to fixing my bike. I found ‘Mechanical Engineering’, the only way I can satisfy my quest for knowledge and contribute. Active participation in various programs like Machine Tool designing at CENTRAL INSTITUTE OF TOOL DESIGN under Ministry of MSME using various tools like AUTOCAD, CATIA and CNC. These softwares helped me learn the basics of tool designing. I undertook a project on Development of CNC program and manufacture of body for latching unit at BHARAT DYNAMICS LIMITED. This was one of the finest opportunities, where I got a chance to explore and apply the concepts of Mechanical Engineering. Study about various types of missiles and ammunitions, their working and their applications were fascinating. This project taught me how to work with a team. I have tried to shine not only in academics but also in extracurricular activities. Was the participant for SPRINGSPREE 2012, a national level technical festival at National Institute of Technology Warangal. Organizing college cultural Show MoreRelated Traditions and Values of Western Culture Essay1696 Words   |  7 PagesTraditions and Values of Western Culture missing works cited History is a part of everyones lives. We exist today because of our history. People who lived before our time fought for the rights that many individuals take for granted. Especially for an individual to appreciate life, one must be fully aware of the past, so one could truly appreciate their existence today and the freedom they have. So when the question arises on whether or not Colleges and universities serve to pass on to studentsRead More Visualization Essay1858 Words   |  8 Pagesother senses. 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Orly and Natalie Friedman’s daughters, whom he references throughout the text. | | | | David Ricardo He is the Ricardo to whom Friedman refers in the subtitle of Chapter 5, â€Å"Is Ricardo Still Right?.† Ricardo (1772-1823) â€Å"was an English economist who developed the free-trade theory of comparative advantage, which stipulates that if each nation specializes in the production of goods in which it has a comparative cost advantage and then trades with other nations for the goods

Leadership and Management for Managers - myassignmenthelp.com

Question: Discuss about theLeadership and Management for Investors and Managers. Answer: Introduction The paper talks about the roles of the internal stakeholders as well as external stakeholders. It also explains the principles and strategies of the stakeholders engagement in order to improve and enhance the performance of the business entity. It tells that how internal stakeholders and external stakeholders influence the performance of the organization positively as well as negatively. Two positive ways internal stakeholders influence performance of the business entity Internal stakeholders include employees, board of directors, investors and managers within the organization. The stakeholders are the persons or groups who have an interest in the business entity to deliver the outputs and result in the organization. They also maintain transparency and viability within the organization. The internal stakeholders influence the effective and efficient performance of the business entity. The internal stakeholders directly affect the growth and success of the company. There are two ways to which internal stakeholders influence the effective and efficient performance and productivity of the organization. They play a significant role to determine the mission, vision, and strategy of the company. In this way, they influence the mission and vision of the company by formulating various types of strategies and policies in the organization. Secondary, they take effective decisions to attain the long-term goals and objectives within the organization. The interna l stakeholders are the important part of the each and every company. They influence the behavior of the other people also (Hansen, Dunford, Boss, Boss Angermeier, 2011). Further, internal stakeholders exercise power to the other person to do work effectively and efficiently. In this way, stakeholders influence the business activities and operations positively. They help to increase and maximize the revenue of the company. They participate in the planning process to reduce and minimize the risks and challenges of the market. The success and growth of the business entity depend on the performance of the internal stakeholders. They fulfill the resources requirements of the company. The internal stakeholders are involved in various activities and operations of the company. Now it is seen that internal stakeholder affect the performance of the company positively (Beringer, Jonas Kock, 2013). Two negative ways internal stakeholders influence performance of the business entity Although internal stakeholders play a vital role to determine the long-term sustainability and growth of the company but sometimes they affect the performance and productivity of the company adversely. There are various ways to which internal stakeholders negatively influence the effectiveness and efficiency of the business entity. Firstly, internal disputes can be raised among the employees due to inequality and partiality thus it affects the performance and efficiency of the workers. Sometimes disputes arise between the skilled and unskilled person in the organization. Secondary, sometimes the board of directors uses assets of the company for personal purpose, therefore, it affects the efficiency and effectiveness of the business entity (Alniacik, Alniacik Genc, 2011). Further, the company delegates the power and authorities to unskilled employees hence they are not able to proper use of the power and authorities due to lack of knowledge and experience. The different salary structure of the employees and managers also influence the profit and revenue of the company negatively. Further, the internal stakeholders are not able to maintain proper communication and co-operation within the organization thus it affects the business activities negatively. As result, it increases the cost of the company. The business entity can attain long-term goals and objectives of the company by improving the performance of the internal stakeholders within the organization. Further, the company should motivate and encourage employees for doing work effectively and efficiently. In addition, the internal stakeholders such as managers are not able to maintain control over the subordinates thus it influences the efficiency and productivity of the company (Bingham, Dyer, Smi th Adams, 2011). Two positive ways external stakeholders influence performance of the business entity The external stakeholders influence the business activities and operations positively as well as negatively. The external stakeholders include consumers, regulators, government, suppliers, creditors and communities. These stakeholders affect the actions, policies and objectives of the business entity. The external stakeholders are the end users and customers of the company which determine the long-term success and targets of the firm. Firstly, external stakeholders play an integral role to gain the competitive advantages in the global market. They also maintain sustainability in the organization as well as the environment. Along with this, they reduce and minimize the risk and key challenges of the global market (Wagner Mainardes, Alves Raposo, 2011). The external stakeholders keep good knowledge and experience to overcome the competitors globally. In this way, they are considered the key success indicator of the business entity to evaluate and analyze the long-term growth and success of the company. In addition, they maintain a control over the external environment to gain long-term benefits globally. Apart from this, they maintain effective and unique communication with competitors to evaluate and analyze the plans, policies, and strategies of the competitors around the world. Furthermore, external stakeholders also make unique and effective strategies for the business entity to improve and enhance the efficiency and performance of the business entity. Now it is assumed that the external stakeholders are an integral part of the organization in order to fulfill the long-term vision and mission of the firm to improve the productivity of the company (Lovejoy, Waters, Saxton, 2012). Two negative ways external stakeholders influence performance of the business entity Sometimes, external stakeholders influence the business performance and efficiency negatively. There are various ways through which external stakeholders affect the performance and effectiveness of the business entity adversely. Firstly, the government intervenes in the internal business activities and operation of the company thus; it affects the future goals and objectives of the company. It also affects the environmental sustainability of the organization. Further, the company takes loan from the banks and other institute but the company is not able to repay these loan thus it negatively affects the efficiency and performance of the firm. The firm has to face various challenges and key issues in the global market (Fernandez-Feijoo, Romero Ruiz, 2014). Further, the company is not able to focus on the entire external stakeholders around the world. It can also affect the business actions and outcomes adversely. Along with this, external stakeholders do not finish the work within the giving deadline thus they have to lose money. It affects the success and development of the business entity. In this way, external stakeholders influence the effective and efficient performance of the business entity. If the company wants to expand and explore its business activities and operations globally then it should focus on the needs, requirements, and expectations of the external stakeholders (Mason Simmons, 2014). Two ways external stakeholders indirectly influence the performance of the business entity The external stakeholders play various roles indirectly to beat the competitors in the market. They are the investors in the company whose actions and duties determine and evaluate the outputs and results of the business entity. They improve the financial performance of the company by maintaining corporate social responsibility and sustainability in the organization as well as the environment. They can predict the future risks and obstacles within the organization. Secondary, the external stakeholders indirectly monitor and focus on the outsourcing activities and globalization. They help to prevent the harmful activities within the organization. Further, they sustain and maintain organization earning growth and success in the universal market. Along with this, they also identify and evaluate the project activities and operations in the organization and they help to reduce the project issues and risks of the market. Now it is assumed that various indirect roles are played by the exter nal stakeholders to determine and improve the performance and efficiency of the business entity. In this way, they influence the success and growth of the company indirectly (Ayuso, Rodrguez, Garca-Castro Ario, 2014). Human resource implementation strategy A. Needs of the internal stakeholders and external stakeholders The internal stakeholders are considered the people of the business entity. They affect the success and growth of the company directly. The employees of the company want meaningful work thus it is primary need of the internal stakeholders in the business entity. The meaningful work can be possible by providing reward and compensation to the internal stakeholders within the organization. Rewards and incentives also provide satisfaction to the employees. Along with this, employees want good working environment and culture to do work more effectively and efficiently. On the other hand, external stakeholders want to attain and achieve long-term profit and revenue in the global market. It is foremost need of the external stakeholders. In addition, external stakeholders want to attract more customers in the market by fulfilling the needs and requirements of the consumers around the world. Further, they want to gain and increase the profit and revenue in the organization (West Bogers, 2014). B.Two principles of stakeholders relationship management The principles of stakeholders relationship management play a vital and crucial role to run the business smoothly. The main aim behind the principles of the stakeholders management is to provide guidelines and suggestion to the company and it also maintains a balance between corporate goals and needs of the organizational stakeholders. The two principles of the stakeholders relationship management have been discussed below. The managers and top management must consider the stakeholder's concerns while taking effective and unique decision within the organization in order to determine the long-term goals and objectives of the firm. The top management and managers should communicate with stakeholders effectively and efficiently and they must fulfill the needs and requirements of the stakeholders. It is another principle of the stakeholders engagement in the business entity (Mok, Shen, Q., Yang, 2015). C.Stakeholders relations strategies The two stakeholders relations strategies to assist and support the business entity in order to achieve the principles of the stakeholders relationship management have been discussed below. Stakeholders mapping is one of the significant strategies of the stakeholders in order to attain the principles of the stakeholders relationship management. This strategy also helps to identify and evaluate the internal stakeholders as well as external stakeholders. Communication is also another strategy of the stakeholders in order to build and develop an effective relationship with stakeholders. The firm should set the communication pattern on regular basis to meet the long-term goals, mission, and vision of the firm. These strategies play an important role to accomplish the needs and requirements of the stakeholders within the organization (Henisz, Dorobantu Nartey, 2014). D.Two objectives to be achieved by assessing each stakeholders relations strategy HRM plays a vital role to make effective and unique strategies for the stakeholders within the organization. The main objective of the company is to increase and maximize the value of the firm by using the stakeholders relations strategy in the organization. Therefore, the firm focuses on the short term profits as well as long-term profits. The other objective of assessing the stakeholders relations strategy is to influence the governance of the firm in order to meet the individual goals and objectives. Along with this, the stakeholders wants to reduce and minimize the risk and challenges of the company by implementing stakeholders relations strategy. In addition, the company uses performance indicators such as grievances mechanism and information disclosure indicator to resolve and reduce the various issues and problems of the stakeholders in the business entity (Luo, Wang, Raithel Zheng, 2015). Along with this, stakeholders identification and analysis indicator are used by the company to analyze and evaluate the needs and requirements of the stakeholders within the organization. In this way, the company can take the support of the human resource management to build and develop effective strategies of the stakeholders (Barnett, 2014). Conclusion On the above discussion, it has been concluded that stakeholders play an integral role in each and every business entity to expand and explore the business globally and to attain long-term profit and revenue in the global market. Therefore, the business entity must protect the rights and interest of the stakeholders within the organization. References Alniacik, U., Alniacik, E., Genc, N. (2011). How corporate social responsibility information influences stakeholders' intentions.Corporate social responsibility and environmental management,18(4), 234-245. Ayuso, S., Rodrguez, M. A., Garca-Castro, R., Ario, M. A. (2014). Maximizing stakeholders interests: An empirical analysis of the stakeholder approach to corporate governance.Business society,53(3), 414-439. Barnett, M. L. (2014). Why stakeholders ignore firm misconduct: A cognitive view.Journal of Management,40(3), 676-702. Beringer, C., Jonas, D., Kock, A. (2013). Behavior of internal stakeholders in project portfolio management and its impact on success.International Journal of Project Management,31(6), 830-846. Bingham, J. B., Dyer, W. G., Smith, I., Adams, G. L. (2011). A stakeholder identity orientation approach to corporate social performance in family firms.Journal of business ethics,99(4), 565-585. Fernandez-Feijoo, B., Romero, S., Ruiz, S. (2014). Effect of stakeholders pressure on transparency of sustainability reports within the GRI framework.Journal of Business Ethics,122(1), 53-63. Hansen, S. D., Dunford, B. B., Boss, A. D., Boss, R. W., Angermeier, I. (2011). Corporate social responsibility and the benefits of employee trust: A cross-disciplinary perspective.Journal of Business Ethics,102(1), 29-45. Henisz, W. J., Dorobantu, S., Nartey, L. J. (2014). Spinning gold: The financial returns to stakeholder engagement.Strategic Management Journal,35(12), 1727-1748. Lovejoy, K., Waters, R. D., Saxton, G. D. (2012). Engaging stakeholders through Twitter: How nonprofit organizations are getting more out of 140 characters or less.Public Relations Review,38(2), 313-318. Luo, X., Wang, H., Raithel, S., Zheng, Q. (2015). Corporate social performance, analyst stock recommendations, and firm future returns.Strategic Management Journal,36(1), 123-136. Mason, C., Simmons, J. (2014). Embedding corporate social responsibility in corporate governance: A stakeholder systems approach.Journal of Business Ethics,119(1), 77-86. Mok, K. Y., Shen, G. Q., Yang, J. (2015). Stakeholder management studies in mega construction projects: A review and future directions.International Journal of Project Management,33(2), 446-457. Wagner Mainardes, E., Alves, H., Raposo, M. (2011). Stakeholder theory: issues to resolve.Management decision,49(2), 226-252. West, J., Bogers, M. (2014). Leveraging external sources of innovation: a review of research on open innovation.Journal of Product Innovation Management,31(4), 814-831.

Canadian Fur Trade Essays - Fur Trade, Economic History Of Canada

Canadian Fur Trade The Canadian fur trade, which grew out of the fishing industry, began as a small business, but would expand and become not only the exploiter of a primary Canadian resource, but the industry around which the country of Canada itself developed. The fur trade started shortly after the discovery of the Grand Banks off the coast of Newfoundland. The fishermen who fished there were the first people who traded furs with the Indians; this trade was a secondary means of profit for the fishermen. Later this secondary industry became a profitable big business due to changes in European fashion, and fashion techniques. While the fur trade brought economic growth and land discoveries, it developed its very own complex trading network throughout the wild, which laid the groundwork for a nation both geographically and financially. The Europeans and the Natives were both instrumental participants in the growth of the fur trade, but the fur trade had its ill effects on these two cultures. The fur trade not only negatively affected Native and settler life, but also had negative ecological effects, particularly on the beaver. The beaver flourished until the fur traders came after them. Because of the land discoveries and the profit made through the trapping and killing of the beavers, the animals were left nearly extinct. However the invaded habitat of the beaver would become the routes to the European settlements. In the period when the fur trade flourished there were two major players: the European traders and settlers and the Natives with whom they traded. The descendants of these two groups have different opinions on the effects of the fur trade, especially on the Natives. The question remains whether what was done to the Natives was unjust, or merely an inevitable outcome of exploration and discovery. The Natives feel that the fur trade was unjust to them; they feel the trade stole their culture from them and with it their independence. The opinion of many non-Natives is that civilization naturally progresses. Just as the Inuit took over the Tunits who were in the Arctic before them, through force and superior technology, the Europeans took away the land from the Natives in Canada. However, with increased contemporary awareness of social and ecological injustices we can look back and see the adverse effects of the fur trade. Is it more accurate to claim that the fur trade was the destruction of a nation or the birth of one? Although the fur trade is seen as the base upon which Canada was built, it is also seen as an instrument of destruction for the culture of the Canadian Natives and a threat to an ecological balance among the fur-bearing wild life. The development of the fur trade accelerated as Europeans had more and more contact with the Natives in North America. The first known contact between Europeans and Natives is believed to have happened between Vikings and Inuits, in the area the Vikings called Vineland, the present site of Anse-aux-Meadows . These first contacts were uneventful and the relations between the two groups were fair. They continued to trade on a small scale until the Vikings attacked the Natives who retaliated and forced the Vikings to vacate their colony, thus ending the first European relations with the Natives of North America. These Viking colonies remained unknown to the rest of Europe, which would not find the New World for another hundred years. The first discovery of North America after the Vikings was by Christopher Columbus, who was quickly followed by Giovanni Caboto (John Cabot). Cabot did not find the silks and spices of the Orient he was looking for, but he did find something that ended up being worth even more, the Grand Banks and its cod. The warm and cold currents that meet at the Grand Banks result in an extraordinary richness of fish in the area , and soon after Cabot's discovery fishermen from all over Europe flocked to the Grand Banks. These fishermen who came to the Grand Banks during the summer season became the first European fur traders in the New World. This trading was mostly done between the Micmac Indians, and the French, Spanish or Portuguese fishermen.

Analysis of Greens Foods Limited 2002 †Business Essay

Analysis of Greens Foods Limited 2002 – Business Essay Free Online Research Papers Analysis of Green’s Foods Limited 2002 Business Essay In order to satisfy and fulfill the needs of the stakeholder, companies must ensure that a comprehensive and detailed financial report is provided with the aim to meet any information needs relating to the business, operations and financing of the company. The analysis of Green’s Foods Limited 2002 Annual Report identifies the needs of stakeholders; such as that of the company’s position, market, future direction and goals, competition, developments, products and sales are identified and satisfied. These needs are analysed through the management analysis and discussion segment (including profit, product and sales revenue information), the analysis of the detailed financial statements provided by the company, and the analysis of social and environmental factors that are addressed though the Annual report. In order to satisfy and fulfil the needs of the stakeholders such as shareholders, managers, employees, community, suppliers and buyers whom hold a vested interest or reliance on the business (Flemming. L, 2001, Excel HSC Business Studies, Pascal Press, Australia); each company must ensure that comprehensive and detailed financial and annual reports are provided with the aim to meet any information needs relating to the business and its operations. A financial report is commonly known as â€Å"a written report which quantitatively described the financial heath of a company† through â€Å"income statements, balance sheets and often also a cash flow statement† (1997, Investors words, Financial Report, investorswords.com/cgi-bin/getword.cgi?1957, 09/09/03). Financial reports are often found in annual reports which are â€Å"documents dealing with a company’s activity over the previous year† (2003, money chimp, glossary, moneychimp.com/glossary/annual_report.htm, 09/09/03). Thus, through different components of financial and annual reports, stakeholders gain insight and a better understanding on the overall position and performance of the business; such that the analysis depicts the positive stance on the corporate governance (2003, Corporate Governance in Russia, corp-gov.org, 05/09/03). Likewise, both social and environmental aspects of the business are closely reviewed and linked in the financial repo rt further enhancing the relationship between the shareholders, the Board of Directors and Management of a company. In achieving success for Greens, Corporate Governance becomes an essential element in its business formula. It determines how a particular company is managed. This means that from the board of directors to the management team their duties, jobs or tasks must be conducted efficiently and effectively such as to adequately â€Å"report on the state of the resources under their control in the financial statements, so that the stakeholders can assess whether their interest would be better served by transferring their resources to the control of these managers†(Gaffikin M, 2003, ACCY102 Accounting 1B Principles Of Accounting, Ed 3, Pearson Custom Publishing, Sydney, p10). According to Green’s Foods Limited 2002 Annual Report, Green’s is experiencing considerable turmoil. Within the chairman’s report found on page 2 of the 2002 Annual Report, the hard time Green undergone and the major causes of some of their poor performance in 2002 is outlined and discussed. The main problems experienced Green’s Foods during 2002 include changes to the management team in the Pasta business resulting in a 19% profit loss of $17.6 million (2002, Green’s Foods Limited Annual Report 2002, p2); and the departure of the Green family representatives in the boardroom, â€Å"the final son of Green’s Foods founder still working at the company tendered his resignation of chief executive† (2002, Ferret.com, Family era over, Green’s Foods CEO Douglas Green resigns, ferret.com.au/articles/b4/0c00c7b4.asp, 09/09/03). Despite the severe consequences of the changes experienced by Green’s in 2002, the company has still managed to reduce some of its debt through other core business units. Notably on a positive side, the cash flow remains strong for the business and customer relationship is seen as a strong indication for future growth this is emphasized through the statement that is found in the consumer relations section of Green’s Foods Limited website, â€Å"Our success depends upon the satisfaction, trust, and goodwill we create with the millions of consumers who buy and use our products each year† (2002, Greens Foods Limited, Consumer Relations, Greens.com.au/dir016/greenspublishing.nsf/content/consumerrelations, 05/09/03). Through the analysis of these key indications within Green’s operations, it reflects that the stakeholders are provided with a brief description of the company’s position in respect to the market and future movement. It outlines to the stakeholders the weaknesses of the company and how these weaknesses are going to be dealt with during the next financial year; as stated in the 2002 Annual Report â€Å"Our immediate priority is to improve the profitability of the company† (2002, Green’s Foods Limited Annual Report 2002, p1). These situations demonstrate Greens attempt to clarify with its stakeholders where the company went wrong throughout the year and its focus on new strategies to improve the business performance over the coming year. Likewise, there are certain positive points within Green’s business performance despite the poor showing in certain aspects of its operations. Namely these positives include it’s product divisions; blended foods, pet foods, cereals and the snacks divisions. Under the Management Discussion Analysis section of the Annual report pages 3 to 6 aspects of Green’s business performance is discussed through the use of topic headings that address matters of importance for the stakeholders; these include such needed information as that on market position, products, sales revenue and profit. These topics are to be discussed individually as to expose the importance of them to stakeholders and how Green’s supplies this information to those that require it. Green’s Foods limited hold a very diverse market position, as each product category obtains a different position within the consumer market and consumers mindset. With Green’s primary focus on market position for each product, they use words such as â€Å"benchmark†, â€Å"ensure†, â€Å"commit† in the 2002 Annual Report and their company website to inform the external stakeholders that Green’s is committed and ready to move into holding a larger or more complex market position and share; this is further supported by the quote â€Å"more than ever the company is focused on the margins we earn from each product† (2002, Green’s Foods Limited Annual Report 2002, p3). The fundamental aspect of Green’s operating success in recent years has been built around its well-established and developed marketable products, with each of it’s business divisions making considerable market gains in each respective product market; such an example includes Green’s Baking Mixes as they have now reached â€Å"a market share of 30%, 3 percentage points ahead of last year† (2002, Green’s Foods Limited Annual Report 2002, p3). As a result of this success Managers and Senior Directors will be encouraged to further improve Green’s product offering and extend its current market share. This success in regards to products had also enabled consumers to become more aware of the products offered by Green’s; thus enhancing its popularity and future stakeholders. Sales Revenue figures from the previous 2 years of Green’s operations has indicated a positive position for the company; however there has been significant changes in the sales generated from each product division such includes the $17.6 million loss in revenue sales in Green’s Pasta Division (2002, Green’s Foods Limited Annual report 2002, p2). In the Green’s Foods Limited 2002 Annual report on pages 15 to 46 these figures were well documented, in financial statements and notes, thus proving beneficial to stakeholders and acknowledging that Green’s provides adequate information to those dependent on them. Poor performance from the Pasta division and additional costs in advertisements over the last 12 months (as documented through out Green’s 2002 Annual Report) has reduced the company’s profitability. Although the business has attracted high volumes of sales in key brands such as Poppin Popcorn and Super Coat pet food; it wasn’t enough to cover the high costs on raw materials. As for the business in the coming year, the Green’s Directors and Management Teams have singled out profitability as being one of its key focus for improvement making it their â€Å"immediate priority† (2002, Green’s Foods Limited Annual Report 2002, p1); this is addressed to stakeholders in the Annual Report so they are able to acknowledge not only Green’s current performance but the improvements to their operations and profitability that they strive to achieve in the future. Along with the factors of market position, products, sale revenue, profits and losses; the contributing factors of environmental and social aspects must be addressed for stakeholders as they also impact on Green’s Foods business performance and operations. The provision of information in regards to these two factors are essential for stakeholders as it is often these two factors that make the initial impact on certain elements of the company leading to impacts on economic factors that later influence company’s overall performance. Environmental aspects are mentioned in the Green’s 2002 Annual Report on page 5 due to a drought that had significant impact on the cost of raw materials required for product production. As a result of the drought increases in commodity prices forced significant impact on the raw materials. As the success of the food industry may also vary seasonally; product offering, raw materials availability, consumer tastes and food preferences will change throughout the year. Thus stakeholders must be kept informed as to these changes. Greens have provided this information effectively to their stakeholders throughout their 2002 Annual Report using brief to the point detail leading to in-depth fact and figures in latter of the report. Similarly, Exports were also mentioned on the company website discussing the importance of Green’s ongoing success in the overseas market; operating successfully in countries such as Japan, Hong Kong, Malaysia, Vietnam, Korea, Indonesia, New Zealand, China, Taiwan, Singapore, Brunei, Fiji, and PNG; and Green’s own demanding export standards to â€Å"ensure superior quality and the sound nutritional value of out products which continue to enjoy increase demand in markets around the world† (2002, Green’s Foods Limited, Exports greens.com.au/dir016/greenspublishing.nsf/content/Export, 05/09/03). Such information on green’s export success and quality demands informs the community of the size of Green’s operations and its competitive nature and involvement within both domestic and international markets. In order to articulate a better understanding of the social structure of Green’s, the Green’s the Director’s Report should be viewed on pages 7 to 12 of the 2002 Annual Report. This report clearly specifies each individuals name, job position and roll, and the date of appointment with Green’s Foods Limited. It addresses, â€Å"The Green Family disposed of the majority of their shareholdings. Czarvan Pty Ltd, Guiness Peat Group and Continent Venture Capital Ltd are now significant shareholders† (2002, Green’s Foods Limited Annual Report 2002, p8). This statement directly reflects the social structure of the company; as the fact that the Green family disposed of their shares to large corporate business such as Guinness Peat implies that Green’s no longer see it as a family centered business but a socially strong company with a highly competitive nature. Respectively, customer relations play a social role to Greens business operations and performance in respect to gaining customer feedback and satisfaction after using their products. â€Å"The mission of our Consumer Relations Team is to listen and learn about consumers in a professional, consistent and caring manner that exceeds their expectations† (2002, Greens Foods Limited, Consumer Relations, Greens.com.au/dir016/greenspublishing.nsf/content/consumerrelations, 05/09/03) In contrast, Green’s always sets its focus on its Corporate Governance; â€Å"recognizing the need for the highest standards of corporate behavior† (2002, Green’s Foods Limited Annual Report 2002, p9). At a certain time, or for certain period of time, financial statements show what the company owns and what it owes, its profitability, and the company’s flows of cash. The three primary financial statements relevant to stakeholders are that of the statement of cash flows, statement of financial performance and statement of financial position; these are found in Green’s Annual Report 2002. The statement of cash flow pages 16 to 17 provides stakeholders with information on cash flows, displaying to stakeholders where cash enters and leaves the company’s accounts. The statement of financial performance page 14 reveals to stakeholders the revenue, cost, and profits for the company in a specific period of operation. The statement of financial position page 15 commonly known as the Balance Sheet, is important to the stakeholders as it outlines the company’s assets, liabilities and overall liquidity of the business. It can be seen in the Greens Annual Report on Financial Position that Total Assets is well in excess of Total Liability, (102,655,000 in assets – 58,856,000 in liabilities); Figures from these statements can be used in conjunction with the accounting ratios to depict the liquidity of the business indicating how many current asset dollars exist to pay the current liability; such liabilities include stakeholders share dividends (if the stakehol der is also a shareholder of Green’s). Overall, the financial statements found in Green’s Foods limited Annual Report 2002 are successful in the way they present information on Green’s financial success in the form of financial reports to their stakeholders. The success of these reports also relies on Green’s ability to anticipate, interpret and read appropriately the needs of the stakeholders. Like the way the master presents his idea to his apprentice â€Å"we create a picture of an organization, or the economy, whatever you lay on the basis of that picture, people think and act and by responding to that picture of reality, they make it so it becomes real in its consequences.† (P257 Hines Report) emphasis an idea of the Picture can be seen as Green’s Financial Report and the People who respond to the picture as the Stakeholders of Green’s. Hence, the needs of the stakeholders of Green’s Foods Limited have been met thoroughly through the many comprehensive financial statements and other relevant information available in the Annual Reports and the company website that Greens have made available. References 2003, Corporate Governance in Russia, corp-gov.org, 05/09/03 2002, Ferret.com, Family era over, Green’s Foods CEO Douglas Greens resigns, ferret.com.au/articles/b4/0c00c794.asp, 09/09/03 Flemming. L, 2001, Excel HSC Business Studies, Pascal Press, Australia Gaffikin. M, 2003, ACCY102 Accounting 1B Principles of Accounting, 3ed, Pearson Custom Publishing, Sydney, p10 2002, Green’s Foods Limited Annual report 2002, pp1 – 56 2002, Green’s Foods Limited, greens.com.au, 05/09/09 2002, Green’s Foods Limited, Consumer relations, Greens.com.au/dir016/greenspublishing.nsf/content/consumerrelations, 05/09/03 2002 Green’s Foods Limited, Exports, greens.com.au/dir016/greenspublishing.nsf/content/Export, 05/09/03 Hines reading p257 1997, Investors words, Financial Report, investorswords.com/cgi-bin/getword.cgi?1957, 09/09/03 Research Papers on Analysis of Green’s Foods Limited 2002 - Business EssayThe Project Managment Office SystemAnalysis of Ebay Expanding into AsiaIncorporating Risk and Uncertainty Factor in CapitalMarketing of Lifeboy Soap A Unilever ProductPETSTEL analysis of IndiaTwilight of the UAWResearch Process Part OneDefinition of Export QuotasNever Been Kicked Out of a Place This NiceInfluences of Socio-Economic Status of Married Males

Seattle University Essay Example | Topics and Well Written Essays - 1000 words

Seattle University - Essay Example Even though this cannot be taken as the only criteria, it can provide a sound judgment on the character, behavior, creativity and capability of the student. A personal statement, in the words of the student mirrors his/her hopes, aptitudes, desires and ambitions. It will provide a clearer picture of the student's thought process and the university will be in a better position to understand and adjust the subject requirements. Seattle, being a university with a religious angle, has its own agenda and hopes to adjust its goals with student aspirations. Thus the student essay will act as a window to the diverse background, the educational path of the past, hopes of the future, individual preferences of the student. Essays tend to be very personal and will give a clearer picture of the student's chosen path. Course requirements and decisions on units depend on the background material and personal preferences supported by individualistic ambitions. Transcripts and their authenticity are important for all the universities, especially in the case of international students, who are required to provide certified transcripts of reports, marks cards, diplomas in addition to English language (TOEFL, IELTS, CLB etc.) proficiency certificates provided directly by the certifying agency. Financial deposits and bank proofs are additional for international students. In case of sponsored students, the government, through the Embassy has to confirm the sponsorship and additional declaration of finance is necessary if the funding is partial. Almost all the British qualifications are accepted in US universities, with Britain having an unassailable reputation in the field of education. Most of the variations in Indian educational system are accepted. All international students are expected to submit seale d recommendations from their Referees. "Seattle University thoroughly evaluates whether home schooled applicants have the necessary foundation of skills, background, and breadth to be successful students here" http://www.seattleu.edu/home/admission/undergraduate/apply_other.aspn and thus the Home School students are not ignored. Most universities have similar requirements. American University demands completed applications, essay of 500 words, statement of interest, academic records, two letters of recommendations, demonstrated leadership report or community service record, English proficiency, application fee and financial source. In recent years, American universities have become more and more inclusive in their outlook. "Ensure a university environment that is inclusive as well as diverse and that fosters a spirit of community among faculty, staff, and students by increasing the diversity of its faculty

Benjamin Franklins Autobiography Essay Example | Topics and Well Written Essays - 750 words

Benjamin Franklins Autobiography - Essay Example He attended school for only 2 years despite his passion for reading. When he was 12 years old, he joined his brother James to become an  apprentice  at the print shop. He wrote his first  newspaper  in Boston when he was 15 years. He wrote several letters and finally announced that he was the  writer  when the letters became a hit. He ran away to Philadelphia at 17 when his brother was  furious  about his writing (The Autobiography of Benjamin Franklin 1). He was amongst the  naissance  fathers of the United States.  He was an  inventor, a representative, a scientist, a  principal  writer and above all, he was a theorist.  He loved doing experiments and this  was well shown  in the experiments he did regarding  power  and lightning after experimenting on kites in an event of a lightning storm.  He also published â€Å"Poor Richard’s Almanac’’ and the Pennsylvania Gazette in 1733 (Franklin 45). In the Continental legislature, Benjamin served as the Postmaster General before becoming a  famous  abolitionist and this illustrates his active participation in politics.  Some of the  scientific  inventions that he made include the lightning stick, swimfins, Franklin Stove after inventing the Pennsylvania Fireplace in 1743 and eyeglasses and these earned him much credit. He  was associated  with the renowned phrase like Almanac like  Ã¢â‚¬Ëœa  penny saved is a penny earned†.  Following Benjamin Franklins  death  April 17,1790, a year later, there was the publication of his autobiography and  was entitled  Ã¢â‚¬ËœÃ¢â‚¬â„¢Memories De La Vie Privee† in  paris, March 1791.  Later on there was a  translation  of the same in the English version named ‘’The Private Life of the Late Benjamin Franklin†Ã‚  initially  written by him (Franklin 58). Benjamin Franklin was successful in his attempt to self  improvement  because he  put  so much effort in his work and  put  less time to  leisure  because he never valued leisure.  The major  declaration  to fame

The Effects of Social Networking Essay Example for Free

The Effects of Social Networking Essay A social network is a theoretical construct useful in the social sciences to study relationships between individuals, groups, organizations, or even entire societies (social units, see differentiation). The term is used to describe a social structure determined by such interactions. The ties through which any given social unit connects represent the convergence of the various social contacts of that unit. This theoretical approach is, necessarily, relational†¦(Wikipedia, pars.3). In the late 1800s, both Émile Durkheim and Ferdinand Tà ¶nnies foreshadow the idea of social networks in their theories and research of social groups. Tà ¶nnies argued that social groups can exist as personal and direct social ties that either link individuals who share values and belief (Gemeinschaft, German, commonly translated as community) or impersonal, formal, and instrumental social links (Gesellschaft, German, commonly translated as society)( Wikipedia, pars.4). Major developments in the field can be seen in the 1930s by several groups in psychology, anthropology, and mathematics working independently (Wikipedia, pars.5). Communication Studies are often considered a part of both the social sciences and the humanities, drawing heavily on fields such as sociology, psychology, anthropology, information science,biology, political science, and economics as well as rhetoric, literary studies, and semiotics. Many communications concepts describe the transfer of information from one source to another, and can thus be conceived of in terms of a network (Wikipedia, pars.26). Social Networking is the practice of expanding one’s social contacts by making connections through individuals. Social media has changed the way people interact (Frazier, pars.1). Although it is possible in person, it is most popular online, with the use of the internet. The internet is filled of billions of individuals who are looking to meet new people, to gather or  share informations, they even use it in their businesses. Social Networking isn’t new at all, But, it keeps on expanding. From Friendster, one of the first Social Networking website in the World Wide Web, to Facebook, which is still popular now. Twitter, Google, Tumblr, Youtube are in Social Networking and everyone will keep finding more ways to use it. â€Å"In general, here’s how it works: you join one of the sites and invite people you know to join as well. Social networks are everywhere. Friends, colleagues, neighbours[sic] and family make up most people’s network of social contacts, and they have a powerful effect on our behaviour[sic] (COIN PIRC) . Those people invite their contacts to join, who in turn to invite their contacts to join, and the process repeats for each person. In theory, any individual can make contact through anyone they have a connection to, to any of the people that person has a connection to, and so on.† Social networking sites now reach 82 percent of the world’s online population, representing 1.2 billion users around the world. The social networking adoption trend largely mirrored the global Internet adoption curve, and grew proportionately, showing that as people began to get connected, they immediately began connecting with one another(). We are aware of the use of Social Networking. We use it as a tool of communication nowadays. It can be very useful to get in touch with people who you know in person. With Social Networking, we can express ourselves in ways we never dreamed of doing face to face. We don’t have to leave the house to purchase products. We don’t need to buy books because there’s a lot of source material in the Internet. We can make friends with people in different countries. We have a lot to do with it. If we’re aware of its uses, we should be aware of the dangers and harm associated with Social Networking. It includes online predators or what they call â€Å"posers†, theft and viruses. We should be aware of its effects on ourselves especially in our habits, routine and in our behavior. In how we manage our time spending in Social Networking because sometimes we’re abusing it. We have limitation, you must know it. Because we never know, it already destroyed you. We are the product of our environment. In Social Networking, many will influence you. In addition, Our own behavior, actions  and habits are likely to be more largely influenced and impacted by Social Networking. â€Å"Social Networking is one of the most active web-based activities in the Philippines†. Filipinos we’re declared as the most active users of the web-based social network sites. The Philippines has been marked as â€Å"The Social Networking Capital of the world†. Filipinos are very expressive with their thoughts or opinions. Sometimes, they’re abusing the use of Social Networking. Because of that, there are some laws or acts that the Philippines implemented. The Cybercrime Prevention Act of 2012, which is officially recorded as Republic Act No. 10175, it aims to address legal issues concerning online interactions and the internet in the Philippines. Cybercrime offenses include Cyber squatting, Cybersex, child pornography, identity theft, illegal access to data and libel. The Senate Bill No. 1798 by Senator Compaà ±era Pia S. Cayetano, which is an act stating the prohibition of Computer Shops from accepting students in their shops during school hours. There’s also a legal bases regarding the distance of Internet Cafà © from school in the City of Manila. It is the Ordinance No. 8168 provided for 25 to 200 meters distance between a school gate to the nearest gaming i-Cafà ©. While, the non-gaming Cafà ©s are allowed any distance from school gate or even inside the school. As a Computer Science student, we are engaged in computer, especially in Social Networking. We’re glad with what Social Networking’s uses. It gives us a lot of benefits. We get updated. But, we observe some changes in some individual. We didn’t like the fact that Social Networking has effect in other individual’s behavior. We want to solve the Why and How questions` in our heads. What are the factors causing these problems? This thesis will explore and find out if Social Networking has an effect on the behavior of some Computer Science freshmen students in PUP Mabini Campus. This aims to know the activities, sites that are affecting the behavior and how Social Networking changed their behavior. The statement of the Problem The aim of this research is to find out the effects of social networking on the behavior of BSCS freshmen in PUP Mabini Campus S.Y. 2012-2013. Further, it answers the following specific questions. 1. Does Social Networking have an effect on the behavior of BSCS freshmen of PUP? 2. What Social networking site/s do the respondents frequently use? 3. What activities in Social Network do the respondents usually engage themselves in? 4. What activities on Social Networking change the behavior of the respondents? 5. How has social networking changed the behavior of the respondents? 6. What behavioral changes do the respondents experience in their social networking? Scope and Limitation This study is about the effects of Social Networking on the behavior only in Bachelor of Science in Computer Science Freshmen in College of Computer Management and Information Technology at Polytechnic University of the Philippines Mabini Campus School year 2012-2013. The study didnt covered other related issues to the effects of Social Networking like class standing of a student or effects of it on the physical health and etc. Its only conducted on Bachelor of Science in Computer Science Freshmen not on higher years, other colleges and before and after the School year 2012-2013 Definition of terms Social Networking The development of social and professional contacts;the sharing of information and services among people with a common interest.(Dictionary.com) Cybercrime Any use of a computer as an instrument to further illegal ends, such as committing fraud, trafficking in child pornography and intellectual property, stealing identities, or violating privacy. Cybercrime, especially through the Internet, has grown in importance as the computer has become  central to commerce, entertainment, and government. (Webster) Cybersex Cybersex, also called computer sex, Internet sex, netsex, mudsex, TinySex and, colloquially, cybering or conversex is a virtual sex encounter in which two or more persons connected remotely via computer network send each other sexually explicit messages describing a sexual experience. In one form, this fantasy sex is accomplished by the participants describing their actions and responding to their chat partners in a mostly written form designed to stimulate their own sexual feelings and fantasies.(Wikipedia) Facebook-is a social networking service launched in February 2004, owned and operated by Facebook, Inc. As of September 2012, Facebook has over one billion active users,more than half of them using Facebook on a mobile device.(Wikipedia) Twitter- Twitter is an online social networking service and microblogging service that enables its users to send and read text-based messages of up to 140 characters, known as tweets. It was created in March 2006 by jack Dorsey and launched that July.(wikipedia) Friendster- is a social gaming site that is based in Kuala Lumpur, Malaysia. It was previously known as a social networking website. Before the site was redesigned, the service allowed users to contact other members, maintain those contacts, and share online content and media with those contacts. Research Methodology Research Design The descriptive method of research was used for this study. To define the descriptive type of research, Creswell (1994) stated that the descriptive method of research is to gather information about the present existing condition. This study were the activities of respondents in Social Networking and the effects of these activities. Respondents The target population consisting of 30 students in Computer Science freshmen. There are 5 section in Computer Science 1st year; hence the respondents will be 6 students per section. Research Instrument The survey questionnaire was used as the main data-gathering instrument for this study. It is an interview, where in the researchers prepared a list of questions to be answered by the BSCS freshmen students. Other data was based on the researchers observation. Data-Gathering procedure The information was gathered from the 6 freshmen students per section of Computer Science department of PUP Mabini Campus who were surveyed by the researchers. The researchers conducted a survey on separate date and time of interview and it is recorded individually.