Martin Luther Essay - 1806 Words

Martin Luther Martin Luther (November 10, 1483 - February 18, 1546) was a Christian theologian, Augustinian monk, professor, pastor, and church reformer whose teachings inspired the Lutheran Reformation and deeply influenced the doctrines of Protestant and other Christian traditions. Luther began the Protestant Reformation with the publication of his Ninety-Five Theses on October 31, 1517. In this publication, he attacked the Churchs sale of indulgences. He advocated a theology that rested on Gods gracious activity in Jesus Christ, rather than in human works. Nearly all Protestants trace their history back to Luther in one way or another. Luthers relationship to philosophy is complex and should not be judged only by his famous†¦show more content†¦In Rome, cardinals saw Luthers theses as an attack on papal authority. In 1518, at a meeting of the Augustinian Order in Heidelberg, Luther set out his positions with even more precision. In the Heidelberg Disputation, we see the signs of a maturing in Luthers thought and new clarity surrounding his theological perspectiveÂâ€"the Theology of the Cross. After the Heidelberg meeting in October 1518, Luther was told to recant his positions by the Papal Legate, Thomas Cardinal Cajetan. Luther stated that he could not recant. Unless his mistakes were pointed out to him by appeals to scripture and right reason, he would not, in fact, he could not recant. Luthers refusal to recant set in motion his ultimate excommunication. Throughout 1519, Luther continued to lecture and write in Wittenberg, and in June and July of that year, he participated in another debate on Indulgences and the papacy in Leipzig. Finally, in 1520, the pope had enough, and as a result, on June 15th the pope issued a bull (Exsurge DominiÂâ€"Arise OLord) threatening Luther with excommunication. Luther received the bull on October 10th and proceeded to publicly burn it on December 10th. In January 1521, the pope excommunicated Luther. In March, he was summoned by Emperor Charles V to Worms to defend himself. During the Diet of Worms, Luther refused to recantShow MoreRelatedLuther, By Martin Luther1221 Words   |  5 PagesMartin Luther, born in 1483, grew up in a devout Roman Catholic household, where the church stood at the center of his world. However, he suffered at the hand of his parents’ harsh criticism. His father had emerged from the feudal system into the new middle class as a successful Coppersmith. His desire was for his son to also climb the social ladder. To assist with his son’s success, Luther’s father was a fierce judge of the character of his son, and often punished him severely for his failures.Read MoreThe Story Of Martin Luther898 Words   |  4 PagesThe story of Martin Luther life . Martin Luther was born in the town of Eisleben in east-central Germany. We should however speak of Germany as it was spoken of it that era, because Germany was a geographical expression used in the Middle Ages, so instead of saying Germany the correct expression would be German lands. These lands were divided again and again .they were also ruled and misruled by many princes in the land. The princes rich or poor would compete with each other for the most local powerRead MoreMartin Luther And The Catholic1550 Words   |  7 Pagestransformation, but Martin Luther is one of the more significant figures. This paper is about how Martin Luther, a catholic German Monk, played a substantial role in influencing the religion of that time and initiated the Protestant Reformation. Martin Luther affected the Catholic Church, which was the major religion in Europe at the time, with his deep-seated beliefs on indulgences and how you can find your own salvation without aid of the Catholic Church or the Pope. After Martin Luther was tried atRead MoreThe Legacy Of Martin Luther915 Words   |  4 Pages Martin Luther was a big deal in history. He had a big part in the reformation. Priests would take your money by telling you that you could get rid of your sin if you paid them. Martin knew that it was all a scam. He started going up against the priests, and telling the people that it was a scam. You could ask for forgiveness from God on your own for free. He fought for what he believed, and he made a good impact in history. Luther was a born in a peasant family. His father worked hard to keepRead MoreThe 95 Theses By Martin Luther982 Words   |  4 PagesFor this essay, I chose the 95 Theses by Martin Luther as my primary source. This primary source is a historical document that cause major uproars throughout Europe. The 95 Theses were written by Martin Luther in October of 1517. The 95 Theses were ninety-five statements written by Martin Luther in opposition to the Roman Catholic Church. They challenged the common practices of the Catholic Church, including indulgences and the authority of the pope. The 95 Theses sparked a theological debate thatRead More Martin Luther Essay1217 Words   |  5 Pages Martin Luther Martin Luther was a German theologian and religious reformer, who started the Protestant Reformation, and whose vast influence during his time period made him one of the crucial figures in modern European history. Luther was born in Eisleben on November 10, 1483 and was descended from the peasantry, a fact that he often stressed. Hans Luther, his father, was a copper miner. Luther received a sound primary and secondary education at Mansfeld, Magdeburg, and Eisenach. In 1501, at theRead MoreThe Legacy Of Martin Luther1719 Words   |  7 PagesIntroduction Martin Luther grew up in a home with very strict parents. As a result, Luther’s childhood was plagued with anxiety at home and at school. Because his father planned for him to become a lawyer, shortly after receiving a Master of Arts degree from Erfurt University he returned to the university to study law. Consequently, after a life threatening experience in a storm, Luther left the university and joined a monastery. In 1505, Luther became an Augustinian monk and subsequently becameRead MoreImpact of Martin Luther1060 Words   |  5 PagesLuther was a German patriot. He was never a nationalist in the modern sense of the word. Luther was, above all, a pastor, professor of theology and iconic figure of the Protestant Reformation. Luther has been variously identified as an advocate of absolute monarchy, democracy, individual freedom, intellectual repression, nationalism, internationalism, spirituality and secularism. He was a religious figure; his battles were fought ov er theological issues that may seem to us obscure but whoseRead MoreThe Death Of Martin Luther1013 Words   |  5 Pages Martin Luther was born in Germany on November 10th, 1483. He was the son of Hans and Margarette Luther. In 1501 Martin entered the University of Erurt where he received a master of arts degree. He got a degree in grammar, logic, rhetoric and metaphysics which seemed as if he was becoming a lawyer. In 1505, Luther went through some life changing experiences which led him on a new course. He got caught in a storm where he plead out to St. Anne, Save me, St. Anne, and I have become a monkRead MoreThe Life of Martin Luther1037 Words   |  5 PagesMartin Luther was a man who impacted the world’s society and history. He marked the beginning of the Protestant Reformation, which changed the course of Christianity forever. He was a powerful man of God, who reformed the corrupt Catholic Church, rediscovered the Living Word of God, and restored many authentic Christian doctrines. Luther was a man who changed the world. Martin Luther was born in Eisleben, Germany on November 10, 1483 to a middle-class family. During his childhood, two of his brothers

Ethics And Religion Ethics - 1045 Words

Ethics and Religion There is definitely a connection between ethics and religions. However, the majority of religions moral responsibilities are generated by their gods; or god, they worship. In other words, religious individuals believe they must live by these set ethical rules provided by the higher power in order to be a good person. Yet, Buddhism worships no god, nor does atheist, still both can live a good life, and be a good person; with ethical standards, and without believing in a god. Ethics can be defined as â€Å"a branch of philosophy dealing with what is morally right or wrong† (Merriam-Webster, 2016). Whereas religion is defined as, â€Å"a personal set of institutionalized system of religious attitudes, beliefs, and practices†Ã¢â‚¬ ¦show more content†¦This was one of King’s passions in life, the freedom and unity of all humans, for every man and woman to be treated equally. The injustice of how the black were being mistreated was not only illegal, but immoral, therefore affecting many of those who had been oppressed in the US. â€Å"Injustice anywhere is a threat to justice everywhere† (King, 2006). Due to the continuous behavior of the white townspeople; in Birmingham, King agreed to be part of the protest in the stance for equal rights of the black townspeople. King stating â€Å"whatever affects one directly, affects all indirectly† (King, 2006). Basically if the injustice by the discrimination of blacks was allowed , or tolerated, then the horrific tortures, and deaths happening would be felt for miles. A human’s life, no matter their color should never be murdered, isolated, or tortured because of their differences. Furthermore, Birmingham officials had accused the black protesters of civil disobedience, a violent intent, in addition to being untimely. Kings response to these accusations were an example of Judeo-Christian ethics, which is a mixture of Judaism and Christian beliefs. â€Å"The sense of mission is why more Americans have died for the liberty of others than any other nation’s soldiers† (Prager, 2004). In other words, King defended the accusations of civil disobedience by explaining how segregation was more of a sinful punishment, as well as a politically, and morally wrong act

Sustainable Business and Strategy for Strategic Development

Question: Discuss about theSustainable Business Planning and Strategyfor Development. Answer: Strategic Development With the advancement of emerging technology, rules and regulations change that every user of advanced technology has to follow. It has been observed that corporations, militaries and government sectors are not following the up to date procedures that can not only help to develop their internal process of business but can meet the needs and demands of community as well (Weber and Soderstrom 2012). Therefore, Friends of the Earth, one of the largest international federations of environmental organizations has decided to develop some of the major strategies that can help not only in meeting the expectation of corporations, militaries and government sectors but also can meet the needs and demands of community as well. The strategies are as follows: Corporations with the help of advanced technology can make an effective interaction the customers directly by using public forum social media tools and various online websites. People from different geographical markets cannot understand the reliability of products and services without an effective interaction. After the emergence of technology the corporations have enough scopes and opportunities to deal with the customers directly in order to meet their needs and demands. The primary purpose of military sector was maintaining safety at their workplace. Therefore, FOE can take an initiative to implement technology within the military sectors by not only maintaining their security at the workplace but tracking the entire record of battle field. Based on the updates, the community people can be made an effective awareness in order to deal with the situation properly (emergingtech.foe.org.au 2017). Therefore, without the emergence of technology community people cannot be alerted and updated about the current situation of military. FOE can enhance the use of nanotechnology that helps breakthroughs in the areas of materials and manufacturing. With the help of increasing the number of surface areas the number of surface atoms can be increased automatically. As a result, the cosmetics, food products, other house hold appliances can be packaged by using nanotechnology. As a result, customers automatically show their interest in using the products (Futurism 2017). On the other hand, emerging technology helps to develop their social strategy and policy as well. Therefore, people belonging to different geographical markets can maintain an effective community relation with each other. Technology has become a bridge between the people and corporations. Integrated Strategic Map Figure: Strategic Map (Source: Created by the author) Overall Objective: The overall objectives that FOE has aimed to focus include as follows: To critically solve the range of environmental justice issues by reducing the technological barriers To implement nanotechnology project for the rapid development of neon technology industry To emerge the advancement of technology for not only meeting the needs and demands of corporations, militaries and government sectors but also meeting the expectations of community as well. Immediate Goal: After evaluating the entire case scenario it has been observed that FOE is facing some major issues while using the emerging technology within the business corporations and other sectors. As a result, a major communication gap has been raised between the service providers and service users. However in order to reduce the gap FOE has aimed to follow some of the major steps for reaching the immediate goal (foei.org 2017). By maintaining all the technological rules and regulations every business sectors should use the technology in such a way that community people as well can get the scope to make an effective relation. Grand Strategy: Implementation of nanotechnology for developing the nano-technological industry is the grand strategy followed by FOE. With the help of using this specific technology the product packaging systems can be made scientifically. Therefore, the service providers are able to gain the trust of people. Component Strategies: Among the component strategies the primary aspects that have been evaluated primarily include social community, media, political and legal. FOE has decided to use those four aspects for making most effective component strategies for the implementation of emerging technology. Tactics to Involve Social Community: Social community plays a major role for the success of business corporations. In order to meet the needs and demands of social community FOE can implement some of the major policies on corporations. Corporations should publish their annual report every year in to provide an in-depth overview about the current market status to social community (Liu et al. 2012). On the other hand, the service providers should maintain an effective communication with the social community to gain the brand identity and image. People belonging to different geographical markets should get a constant updates about the products and service process. Therefore, the service providers have to be updated constantly. Tactics to Involve Media: In order to involve the media for using the popularity of their platform FOE can take some of the major steps. Media tools such as social media, electronic media and print media can be involved for promoting the importance of emerging technology in the mind of community people as well. As a result, customers belonging to different geographical markets can be involved and convinced on how to use technological tools (Grure 2012). At the same time, it is undeniable that without the presence of media any business organization fails to gain the trust of people. Media is the only tool with the help of which information can be multiplied from various geographical markets. Tactics to Overcome Political Issues: While implementing technological advances and its necessary strategies FOE has to face numerous political issues based on which FOE has to face challenging situations for implementing appropriate strategies. However, in order to make their plans and policies successful FOE should make a good rapport with the government to get effective political environment. Tactics to Overcome Legal Issues: In order to overcome legal issues FOE would have to follow all the regulations and acts properly regarding the technological emergence (Lan 2012). The software used by the organizations should be updated time to time. As a result, both the society and the corporation would be developed equally. Reference: Emergingtech.foe.org.au. 2017.Emerging Technology | FOE Emerging Technology Project. [online] Available at: https://emergingtech.foe.org.au [Accessed 11 May 2017]. foei.org ., 2017.Emerging Technology | FOE Emerging Technology Project. [online] Available at: https://emergingtech.foe.org.au [Accessed 11 May 2017]. Futurism. 2017.The Four Technologies That Are Turning Our World Into the Future. [online] Available at: https://futurism.com/the-four-technologies-that-are-turning-our-world-into-the-future/ [Accessed 11 May 2017]. Grure, G.P., 2012. Implications of nanotechnology growth in food and agriculture in OECD countries.Food Policy,37(2), pp.191-198. Lan, Y.L., 2012. Development of an Attitude Scale to Assess K-12 Teachers' Attitudes toward Nanotechnology.International Journal of Science Education,34(8), pp.1189-1210. Liu, Y., Tan, J., Thomas, A., Ou-Yang, D. and Muzykantov, V.R., 2012. The shape of things to come: importance of design in nanotechnology for drug delivery.Therapeutic delivery,3(2), pp.181-194. Nasir, A., Friedman, A. and Wang, S. eds., 2012.Nanotechnology in dermatology. Springer Science Business Media. Weber, K., and amp; Soderstrom, S. 2012. Social Movements, Business, and the Environment. Oxford Handbooks Online. Retrieved 8 May. 2017, from https://www.oxfordhandbooks.com.ez.library.latrobe.edu.au/view/10.1093/oxfordhb/9780199584451.001.0001/oxfordhb-9780199584451-e-14.

When is it Appropriate to be a Good Samaritan Essay Example For Students

When is it Appropriate to be a Good Samaritan Essay Discussion of Question Number Two Chapter ThreeOften in life, people are put in situations in which they must make a speedy ethical decision. First, I would like to look at why people feel a need to be moral. Most of us have an inborn sense or conscience, which makes it very difficult to do a wrong or, even more than that and not do what is right. It is one thing to commit a wrong. It is, however, a different thing to neglect doing a good act. Depending on the situation, the two scenarios can be equally harmful to the human conscience. We will write a custom essay on When is it Appropriate to be a Good Samaritan specifically for you for only $16.38 $13.9/page Order now Robert, the man who cheated on the College Examinations in the hypothetical situation, made a decision to do a wrong act. He felt that he was able to handle the guilt on his conscience. The guilt did bother him to some degree since he was seeking advice on the situation. The panel had to take Roberts wrong choices and figure out if, how and when intervention would be appropriate and ethical. Through the panel discussions, a variety of viewpoints arose. Justice Scalia felt that Robert should not gain from his wrongdoing. He stated that he should re-take the exam and hand in honest scores to Harvard. He also observed the fact that there was no individual person to pay retribution to. Who was wronged in this particular situation? The panel agreed that the exam should be retaken. The hypothetical Robert gets into more trouble as his life continues. He commits adultery with a fifteen-year-old girl. Some members of the panel believe that his wife should be told while others believe that it is not his/her place to tell his wife, Carol. I, personally, found it appalling that a panel member would not tell Carol if she were her own daughter. Instead, she would make a comment to Robert and hope that he ended the relationship. I believe that family is a very important safety net and trust must be demonstrated at all times, especially in a touchy situation like this one. From the discussion, it is possible to view the broad span of opinions. There are certain scenarios in which intervention is necessary. These determination points may vary from one individual to the next. It is often difficult to determine when and how to intervene when put into certain situations. More often than not, the decision must be made rather quickly. The Study Guide lists several situations and asks when and if I would intervene or call the police. I plan to look at each of these situations individually to this. If I heard arguing next door, I would, for the most part, not intervene. People have arguments and that occurs within healthy relationships. There is a point that I would intervene, however. If I heard any screams for help or evidence of violence or injury then I would call the police. Another fact to consider is if the quarrels are common or not. I would never intervene personally, in a situation like this, because there is no need for me to risk any harm to myself at his point. The police are trained to handle circumstances like this. Unfortunately, I have been in this situation. I did not personally intervene or call the police, but there were no weapons being used and there were many other people present. A police officer actually happened to pass by and put an end to the fight. I do not believe that physical fighting solves any problems, but I think it is more socially acceptable because it is not as life threatening as utilizing weapons. If weapons were being used, Id call the police in a heartbeat. This is because there is a human life at risk and I have the power to at least attempt the prevention of a human beings death. I believe that it would be ethically wrong fro me to ignore a situation like that by not getting immediate help. .ua6eb75a13933b79acf5e9977ba150b4a , .ua6eb75a13933b79acf5e9977ba150b4a .postImageUrl , .ua6eb75a13933b79acf5e9977ba150b4a .centered-text-area { min-height: 80px; position: relative; } .ua6eb75a13933b79acf5e9977ba150b4a , .ua6eb75a13933b79acf5e9977ba150b4a:hover , .ua6eb75a13933b79acf5e9977ba150b4a:visited , .ua6eb75a13933b79acf5e9977ba150b4a:active { border:0!important; } .ua6eb75a13933b79acf5e9977ba150b4a .clearfix:after { content: ""; display: table; clear: both; } .ua6eb75a13933b79acf5e9977ba150b4a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua6eb75a13933b79acf5e9977ba150b4a:active , .ua6eb75a13933b79acf5e9977ba150b4a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua6eb75a13933b79acf5e9977ba150b4a .centered-text-area { width: 100%; position: relative ; } .ua6eb75a13933b79acf5e9977ba150b4a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua6eb75a13933b79acf5e9977ba150b4a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua6eb75a13933b79acf5e9977ba150b4a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua6eb75a13933b79acf5e9977ba150b4a:hover .ctaButton { background-color: #34495E!important; } .ua6eb75a13933b79acf5e9977ba150b4a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua6eb75a13933b79acf5e9977ba150b4a .ua6eb75a13933b79acf5e9977ba150b4a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua6eb75a13933b79acf5e9977ba150b4a:after { content: ""; display: block; clear: both; } READ: Procrastination EssayLike before, certain details can change my opinion in each situation. Maybe the child is an imp and the mother is having trouble dealing with him/her. Does the child appear to be in pain or is he/she howling to annoy the mother even more? All these aspects cannot be ignored. If I suspect any child abuse, I would feel obligated to stop it. Since I do not know of any past occurrences, it would be hard to know for sure what is actually going on, but it is always nice to lend a helping hand to someone who needs it. Perhaps I would ask the mother if there s=is anything I can do to help her deal with the present situation. A similar discussion was implemente d in the video. A ragged man with vacant eyes wandering in the trafficWell, obviously Id try not to run him over J.The appearance of the man may also sway my decision in this scenario. Is he in need of medical attention? Does he appear to be dangerous or depressed? I may put a phone call in to the police, but I often find myself assuming that someone else will do something to help. This is a common thought with public occurrences. People pass the obligation on to other individuals. This may not be morally correct, but humans often use this as way out of moral responsibility. A woman lying face down in a hallwayI would ask if she was conscious to see if I get a response. I would definitely call an ambulance and look for other citizens that may know her or may be able to help. For some reason, I feel safer helping a woman than a man. Since I am a woman, there is less of a threat of harm. A man would be able to easily over power me and Im not sure I would be willing to take that risk. With this situation, it depends on the location of the circumstance. If I were in Manhattan, I may not do anything. Unfortunately, it is not uncommon to see people passed out in the streets. I may assume he was intoxicated and move on without even thinking about it. Without a doubt, I would personally intervene. Here, there is no threat of putting myself in danger since I am dealing with a child. Hurting a helpless animal is inhumane and bothers me a great deal. I would tell the child to stop and explain that the kitten is a living thing and that it feels pain. Hopefully, the child accepts my explanation and learns from the situation. I would personally intervene in this situation. First, I would ask the woman if she was in trouble or needed help. Perhaps the dog attacked her and she was merely defending herself. Either way, I would call the police after assessing the situation. Either the dog or the woman needs to be taken away. Through the discussions and readings, it is possible to understand how the human mind works. People view situations from various sides. All the facts must be assessed before an ethical decision can be made. It is often difficult to make a sacrifice for an ethical issue, but it isworth not having a wrong on your conscious. Laws cannot be developed on ethical issues. Individuals can follow guidelines, but must also be able to make speedy ethical decisions on their own. Bibliography:

Discuss the different components of Management Information System (MIS) The WritePass Journal

Discuss the different components of Management Information System (MIS) Introduction Discuss the different components of Management Information System (MIS) Introduction  1.   Article One1.1 Introduction 1.2 Critical Analysis2.   Article Two2.1   Introduction2.2 Critical analysis3. Article Three3.1 Introduction3.2 Critical analysisComparisonConclusion Related Introduction Any telecommunications and/or computer related equipment or interconnected system so sub system of equipments that is used in the acquisition , storage , manipulation , management movement , control , display , watching , switching , interchange ,   transmission or reception of voice include software form ware and hardware. (Terry Lucey 2005) MIS is one the most important system that provides information that is required to set organisation impression as par MIS consider three important sources that are technology, resource. MIS is regarded as one of the subset over all internal controls procedure in business which evaluate   application of human resource, documents, technologies procedure and supply of material and handling etc used by management account. MIS method is the best of stock method to tied the automation or support of human decision making for example decision support system experts.   1.   Article One User Perception Differences In ERP Implementations 1.1 Introduction   Business process those are managed by the ERP system will   not consider as static because in begging they   define a monitoring activity is needed during the process of information operation and improvements should be made when possible[]there implementations involves the process of customizing the most important generic package and aligning with the specific need with the enterprise.(Edie and Madison 2005) The Enterprise Resource Planning System has been develop to help most coordinate the information flow that parallel and physical flows of goods from raw material to finish goods the main purpose of ERP is studying to examine user perception differences in ERP phases and preparation and training and usefulness the main study use both qualitative and quantitative research to triangulate results this both qualitative analysis points one of the most important of all the four phases in EPR implementation the main important keyword are ERP   IT adoption , IT implementation and user perception 1.2 Critical Analysis The positive aspects of this articles generates the most important topic that is nothing but ERP implementation due to the need and adapt the enterprise to the software package rather than the other way around basically its often necessary to redesign enterprise business process the business process alignments that is adapt various envoi mental aspects such as existing information system ( Soffer et al 2003) . The ERP approach to optimize   company internal value change because basically its the software that’s fully installed across the entire company it connects the entire whole company components of the business process through logical transmission and sharing common data with frame integrated frame work .Its the software that is only essential organise codes, and standardise and enterprises business process and data these software converts transactional data so that it can analysis .The important literatures reviews hypothesis is that ERP implementation resource planning IT adoption implementation etc. However the Bad debts of ERP as the implementation of ERP system that’s leads to a series that is most critical issues at it requires global reconsideration of bossiness procedure [] the ERP system is a difficult task as its entitles a great deal of time and it result in large cost ( Quiescenti et al 2006) means the adaption of ERP in any organisation is cost worthy and it also built enterprises process re engineering process system, further more this activity could be very crucial and somehow negative for small enterprises business relies on its specific proper business process. 2.   Article Two The TQM EXTENTION: TOTAL CUSTOMER RELATIONSHIP MANGMENT 2.1   Introduction Customer relationship management define as a cross functional process for achieving a continuous dialogue with customers as well as a cross all their contract and access point and it personalised treatment for their most valuable customers to increase customer retention as well as their effectiveness’ of   CRM always takes good view towards customer care and let them organized there self that is nothing but customer service to create and add value to the company the most important part of customer relationship management is related to their process .as said byDay and van baulte (2002) Fletcher and taplin (2001) define CRM is nothing but a set of business   process over all policies designed to capture retain the customer needs and services etc†¦the basic important aspect is customer related process inputs and out puts from customers   according to   (BLODGETT et al.. 1993)projected that the customer relativeness can be underpin by successful customer relations inc luding contact with staff ,out bonds ,customer transaction ,price ,value term. Participation from customers begins with interaction at contact get in touch to collect customers detail by their needs and wants of customer. 2.2 Critical analysis Customer relationship management over all wants customer satisfaction and has positive effect on customer loyalty intentions across wide range in all services and products (Fornell,1992) CRM always focused   on business and probably it effect on customers contentment for least following basis. Trust is the main important feature or we can say facet in the building and growth in quality relationship contentment giving and taking assurance in relation to customer loyalty, here about the importance of trust in that to gain customer honestness. ( Reichheld and schefter 2000 ) . Management responsibility element of CRM and their strategies their main premeditated change from a product focus on culture basically on customer how ever CRM business tactics information as well as their service and the every person of the company is responsible of following crm strategies. 3. Article Three Supply Chain Management 3.1 Introduction In 2008 when economy of the world is collapsed the SCM helps the organization in re building their infrastructure within the organization and it also help to cover the supply and demand in up and down stream within the organisation and its also responsible for get in time of goods which automatically increase the company efficiency and growth and CRM   these services reduce costs and supply chain as well CRM process with information with latest most powerful software experts says that ongoing boom transaction and trade is related to services .in ancient period companies kept their suppliers at aim length and even had adversarial relationship with them. 3.2 Critical analysis Supply Chain Management it’s the service that available on demand over the internet   like other cloud based business software such as (CRM) e business and accounting, tools etc   now days companies could not afford to build to there own maintain by themselveswe don’t compete as individual business anymore we compete as supply chains say martin Christopher .in the olden days companies kept their suppliers at arm length and even had adversarial relationship with them supply chain enhance the complications in the movement of goods and also make higher the lead time and increase the stocks in inventory, We don’t compete as individual business any more we compete at Supply Chain   Martin Christopher professor of marketing and logistics of Cransdield School of Management England as here it proves that supply chain services available on demand over the internet that the cloud base business software such as CRM business and accounting tools from sales force. Comparison   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   ERP   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   CRM   Ã‚  Ã‚   Supply Chain   In article one author try to discuss about the Enterprise Recourse Planning its uses and implementation in any organization if we compare ERP with the CRM and SCM it deals with handling of information with in the organization and it optimise the company internal value chain and its also help in gathering information useful for the future of enterprise. But is also support CRM and SCM. In the article of CRM the author wants to explain the relation between the organization and the customer and explain the effectiveness of CRM because increase the profitability of the company and it plays a great role in any organization for increasing the revenue and building better customer relationship. In this article author says how the good and bad supply chain could effect working of any organization and its importance plays the major role in aspect of time and profitably and supply chain is depend on the ERP an Conclusion After analysis of three articles we find that these three components of Information Technology Management   are very useful in building a good and profitable organization   ERP has a different role while CRM helps in retention of customer retention   and   increase sale service and satisfaction of the   customer and always acquiring and retaining the customer , ERP   is responsible for assessment and structure of organization and help to analysis the weakness of a company and the third articles we analyse the global economy and   multinational companies because good managing of supply chain management a growing number of manufactures and retailers are found and also help in reducing cost but making it faster and easier to share information.

The Top 5 Things I Learned in my Internship

The Top 5 Things I Learned in my Internship Being an intern is a trial run for the field you think you want to work in. In 90 days or so your trial is up. But then what? Did you actually learn something that pertains to your intended major?   Is it something you see yourself doing for years to come? In college, take advantage of internship opportunities. Trust me. You can never start too early in your career to gain experience, and there is no such thing as too much internship experience. From sophomore year in college, I started interning at different companies. As a college student, I wanted to know what my strengths and weaknesses were and what I actually wanted to do with my life after I earned my degree. As a marketing major, my field was broad, so interning was such a great hands-on experience. Interning with different companies in different marketing roles helped me narrow down what I actually enjoyed doing.Here are some tips I have learned throughout my experiences.Source: [GIPHY]Step out of your comfort zone.An inte rnship is your opportunity to try new things and  surprise yourself. Trying out new opportunities helped me challenge myself. Even if I had no clue on how to do a certain project, I would still take it on. It was the perfect time for me to learn and grow. Even if by the end of it I disliked a certain task, I would still feel accomplished.Always ask questions.Don’t be afraid to ask questions or for advice. People love to give advice. Whether it is advice about your field, feedback on performance, or even career moves, they are usually more than happy to assist. Asking questions is a great icebreaker for your coworkers to know more about you, and you never know what you may learn over a cup of coffee and a conversation.Get involved within the company.Understand the company you are interning for; go beyond what the website says and really dive into it. Company culture is something important to pay attention to. How does the company you are interning for treat its employees? Al so, interning is a great networking opportunity- while you’re there, get to know all about the different departments and what they do. And always offer to lend a helping hand on some of their projects if ever needed.Shine through your work.Go above and beyond in your work. Don’t be a slacker. Make yourself memorable for the company- you never know when opportunities may rise for the future. Your work ethic is very important. It’s the little things you do that make you stand apart from the rest. Take initiative and responsibility and complete tasks accurately and in a timely manner. If there is no set deadline, make your own, hold yourself accountable, and don’t procrastinate. This is not college where you can leave things for the very last minute.Send a â€Å"thank you† card at the end of the internship.Handwritten notes/cards are one thing that will never go out of style- they’ll always put a smile on someone’s face. When writing you r card mention what you learned from the internship. Thank your main contact  for giving you an opportunity to gain experience and learn. Go that extra mile and give back some appreciation.Source: [GIPHY]

List the characteristics of your network topology. Also identify why Essay

List the characteristics of your network topology. Also identify why other topologies would be inappropriate for the lab enviro - Essay Example Additionally, topology network failure does not affect failed device unless, the device connected to the other connectivity device is impaired. Thus, network topology means, network that is connected to circular method whereby, each node examines raw data send to a ring finally; it is send through directed address. Physical topology is known as physical layout of cable and connection of nodes between the cables. Another type of network is physical networks topologies are signals that are sending inform of networks. This type of network is associated with cost of doing the installation on a circuit telecommunications in which media can access the device. Where else, logical network topologies are signs that are used to send data to the media. These networks are further classified into star topology network, ring logical topology and bus physical topology. However, logical topology networks tend to be determined by protocols that cannot be acknowledged by physical network layout of wir es, which allows flow of electrical indicators. On the other hand, many computers in one area that are connected to a single switch can define star topology. This means that every computes is connected to its own wire and the switch, which is very essential to computers, in case one of them fails to operate or gets problems therefore, the other can not be affected. This is the most essential method that is used today. The reason why the so-called bus cables are connected to one cable is that, only one computer is only permitted to send data to server at a given time. Therefore, if several computers are connected to this network, then the operations will be interfered. This means that if there are many computers connected to network then the net work will tend to go down. It is important to differentiate between different types of networks that are available such as peer-to-peer. However, it is important to identify advantages and disadvantages that are associated with different netw ork. In a small offices and business networks are supposed to maintain peer- to –peer. It means that the main server is not involved. In network places that involves more than 10 operating computers might be very confusing, this is because the users may not have be using the same password. Therefore, the question is what will happen if the networks fail to connect for a period. The nodes play a great role in assuring that several servers act as one client. Additionally, peer-to-peer networks are installed to serve few computers. This is because if many computers are connected to one server to share single older then the system would be slowed down. Moreover, the server allows them to access network. This is made possible by use of internet cable that should be connected in the ports. The star topology is very important because it is scalable; it is faster to ease network connection for a big location. Another advantage is that if a single node fails to network, the entire sys tem is not affected. Finally, it is faster to unplug the nodes when the problem is discovered. On the other hand, star topology is associated with several disadvantages such as when the main server fails network also. Computers need to have security that is, the departments if information service should be responsible in management of all connected computers. This is done through connecting network devices, wiring the closest devices. In conclusion, in order to

Retail Theories and Strategies Essay Example | Topics and Well Written Essays - 2000 words

Retail Theories and Strategies - Essay Example Retailing is an activity of enormous economic significance to most developed nations. In Britain, 2.5 million people are employed in retailing, comprising 10.5 percent of all employees (National Statistics, 2001a). Retailers provide the goods and services needed--from food, auto parts, apparel, home furnishings, appliances and electronics to advice, home improvement and skilled labor. Retailing is one of the fastest-growing segments of the economy. As one of the nation's largest employers, the retail industry provides excellent business opportunities. At least one-third of the 100,000 or so new enterprises launched each year are retail operations. The entrepreneurs behind these ventures risk their capital, invest their time and make a living by offering consumers something they need or want. Most retailing involves buying merchandise or a service from a manufacturer, wholesaler, agent, importer or other retailer and selling it to consumers for their personal use. The price charged fo r the goods or services covers the retailer's expenses and includes a profit. Each year, this vital sector of the UK economy accounts for about 08 percent of our gross national product--more than $1 billion.. Most are store retailers, though there are other types of enterprises--such as e-commerce, mail order, automatic-merchandising (vending) machines, direct retailing (door-to-door and home party sales), and service providers. ... Strategically, food retailing has become a highly competitive industry increasingly answerable to the City and shareholder pressure. Labour represents the second largest financial outlay for the retailer after merchandise costs. The most efficient means of labour utilization are therefore a strategic priority. Attempts to improve market share and increase profitability have resulted in operational changes that have influenced the structure of the retail food labor market.It is essential that retailers are aware of the advantages and disadvantages of different methods of targeting a particular segment of customers which needs to be done considering the suitability of different options to their kind of business and the environments in which they wish to operate. In a retailing environment, it requires major market analysis to understand what type of customers needs to be targeted for a specific product. This is highly time - consuming and irrelevant and inappropriate data might result in the loss of the retailer. Another important task involves, UK retailers and their suppliers of retail branded products must take "all reasonable precautions and exercise all due diligence", in the development, manufacture, distribution, advertising or sale of food products to the consumer. Segmenting Retail Markets Every customer has a different set of needs, wants and motives, but in few consumer goods market it is feasible fully to tailor the retailing mix to the level of the individual customer. Hence the need to identify reasonably homogeneous groupings, or segments, of shoppers to be the target(s) of retail marketing

Martinez Company Essay Example for Free

Martinez Company Essay Introduction Martinez Company is introducing a new product that may be manufactured by using either one of two methods, capital intensive, or labor intensive method. For the capital intensive method, the manufacturing costs per unit are; direct material at $5.00, direct labor at $6.00, variable overhead costs at $3.00 and fixed manufacturing costs at $2,508,000 for the period. For the labor intensive method costs per unit are; direct materials at $5.50, direct labor at $8.00, variable overhead costs at $4.50 and fixed manufacturing costs at $1,538,000 for the period. The research department of Martinez Company recommended an introductory unit sales price of $30. The selling expenses are approximately $502, 000 annually in addition to $2 for each unit sold regardless of the manufacturing method used. The second part of the research is to determine how many units the company will have to sell annually for both methods to be equal. To determine this number the company will need to calculate the indifference point. The calculation is the total fixed cost of both methods is subtracted and then  divided by the contribution margin per unit for each method. Indifference point = (3,010,000-2,040,000)/(14-10) = 242,500. So the company would have to sell 242,500 units for both methods to be equally profitable. This is good information because based on the manufacturing cost of each production method the company will have to sell a specific number of units to maximize profitability. Based on this number the company will select each method in accordance with the projected number of units to be sold. Capital-Intensive Manufacturing vs. Labor-Intensive Manufacturing In the future, the Martinez Company will need to use either capital-intensive or labor intensive method for production. Capital intensive manufacturing method focuses on a high level of capital investment, while labor intensive focuses on a high level of labor investment. Capital intensive manufacturing method is mostly used on a large scale production with automated processes. Labor intensive method is mostly likely used on smaller scale production with personalized products. The capital manufacturing method is also based on whether the organization is producing a standardized product or an exclusive product. The labor intensive manufacturing method should be used when a substantial amount of customer interaction is needed. Capital intensive manufacturing method can be used when the work is too dangerous for employees. With labor intensive manufacturing method there are lower fixed costs and higher variable costs. With the capital intensive manufacturing method there are higher fixed costs and variable costs. In this case, the capital intensive method would be the preferred choice if the sales are expected to be higher than the indifference number of $242,500. Capital intensive manufacturing method limits competition by serving as a barrier to entry and as a capital intensive business, the Martinez Corporation can benefit from this. Barriers to entry are obstacles that prevent new companies to function in capital-intensive industries. Capital intensive manufacturing minimizes human error resulting in a more effective and efficient productivity. Another great advantage with capital intensive manufacturing method is the minimal labor impact.

Delegating Authority in a Large Organization Essay -- Business and Man

Delegating Authority in a Large Organization Management 330 Delegating authority in any large organization is required to keep a steady workflow within the organization. Delegation is the process of distributing the workload in a top-down flow within an organization. Managers have a responsibility to delegate for the benefit of themselves and their subordinates but should not abuse the power of delegation by using it to make others take responsibility for their mistakes. Delegation allows managers to relieve some of their workload and allows subordinates a chance to learn the management field through on the job training. There are various ways to delegate within an organization and proper and improper ways to do it. Delegation was accomplished at my previous employer through weekly assignment meetings or direct tasking. Because I stay at home now with the children, who are one and four years old, delegation consists of minor tasking such as making a bed or cleaning toys up. Rules for delegation stay the same at any home or organization, someone is passing work along to a subordinate so they can accomplish their own tasking or teach the subordinate what they need to learn. In a company, delegation generally follows a hierarchy and moves from top-level management to middle level management to lower level management to the workforce. The person delegated should be the appropriate level for the goal that will be accomplished. There is no sense in delegating a task to someone without the skill or knowledge to complete it unless the delegator is willing to teach the procedures to do so. Unfortunately some managers use delegation as a way to pawn responsibility off on subordinates and avoid circumstances involved with not achieving a goal. These are bad management practices and should not be tolerated by upper level management. Not taking responsibility for their actions can lead managers to have a dissatisfied workforce that is not willing to accept delegation of important assignments. There are multiple advantages and uses for management delegating tasks. As managers move from lower to mid to upper level management they take on more responsibility and larger workloads so saving time is a critical factor in delegating, most managers are required to focus on higher-level activities and it frees the manager to devote mor... ...n insightful knowledge, which the subordinate may very well have, this step can help everyone involved to understand the tasking that is to be done. Allotting the resources needed to complete the project can make or break the project. If proper resources are not allowed then the project can either not be done or will only be done to the limit of the resources that were allowed, which in most cases is unsatisfactory. Scheduling checkpoints for review to make sure that goals are being met and following through on those checkpoints to make sure that satisfactory progress is being made are the final steps in the delegation process. Not following the steps of proper delegation can lead to poor or inadequate goals being achieved and dissatisfaction among management and workers alike. Delegation should be used in some stages of management more than others. The planning and organizing stages of management require the most delegation for research into how to accomplish them and put plans into action. The leading stage of management requires some delegation to thin a managers workload. The controlling stage of delegation should require little to no delegation by a manager.

Islamic Leadership

Leadership An Islamic Perspective In the introductory chapter the book establishes what you should know by the time you finish the book. These points include: understand the nature and process of leadership from an Islamic perspective, describe the characteristics of effective leaders in general, and of Islamic leaders in particular, analyze your styles as a leader and follower, learn how you can mobilize, organize, and develop your followers Islamically, learn how you, as a leader, can build commitment by acting as a coach mentor, learn how to delegate effectively, and finally understand the steps that will enable you to become a more effective leader. The book defines leadership as the ability to persuade others to seek defined objectives enthusiastically. Within an organization a good leader is needed but so is good management. There are different positions of power when in an organization. The first one is legitimate power, which refers directly to someone’s position in an organization. Reward power is the second type of power, this power refers to having the authority to hand out promotions or pay raises. The third type of power is called coercive power, which uses force to get employees to work. The final type of power is information power, this type of power deals with having and giving information to others so that they can do their work. According to the text there are certain characteristics of an effective leader. The book ranks them from 1 to 8. These characteristics include: honesty, competent, forward-looking, inspiring, intelligent, fair minded, straightforward, and imaginative. These characteristics were determined by a study done by two leadership researchers named Kouzes and Posner. They surveyed 2,615 of the most successful leaders in the United States in order to figure out and rank the characteristics. The book also discusses how leaders must mobilize, developed, and organize their followers. The reason mobilization needs to be done is due to the fact that leaders cannot and should not be expected to accomplish everything on their own. The people are the target of the message and are also the ones that will be spreading the word. Mobilizing followers includes being able to reach out to everybody. The message of Islam is one that is not elitist so in essence the ides that only a few people are capable of energizing a group is not correct. It also states that the reticent person may become the best person. This statement basically means not the prejudge people and to always give them a chance because they just may prove what you believe wrong. The third statement about mobilizing says to accept the verbal commitment of others to Islam at face value. This means to always accept a pledge someone makes. Another point the book makes is to welcome even sinners and try it improve them. In order to develop followers a leader must be able to adjust their leadership style due to the fact that the followers have different types of styles. There are four different types of leadership styles that a leader can turn to. These leadership styles include: directive, coaching, supportive, and delegating. The style the leader should pick depends on the maturity of the people being led. With immature members the leader may want to use a directive style. This is because it involves clear and explicit guidelines. A coaching style may then be implemented as the members begin to learn their task. This style is characterized by two-way communication and an increased amount of supportive behavior. Once the members have gained more self-confidence in doing their tasks the leader may use a supportive style. This style consists of shared decision-making and two-way communication. Finally, in a situation where the members are mature and self-confident the leader should use a delegating style. In this style the leader allows the members to decide how, when, and where to carry out their tasks. The next and final step is to organize your followers. When trying to do this, leaders should use six steps. These steps include: 1. Clearly articulate the vision and mission of your organization, 2. Develop a statement of your organization’s philosophy regarding volunteer services, 3. Develop volunteer positions, 4. Do not go overboard by creating a multitude of tasks, 5. Reward both process and outcome, and 6. Develop a nurturing Islamic organizational climate. The book also discusses how leaders should be able to delegate tasks. When a leader is reluctant to delegate there are usually two reasons for it. The first reason depends on the organization’s culture. The second reason has to do with the leader’s personality, usually dealing with a Type A personality. There are delegation guidelines that are outlined in the book. these guidelines include: selecting the delegate with the appropriate skill level, expertise and background, select a delegate with whom you have a reciprocal trusting relationship, delegate both the pleasant and the unpleasant, the easy and the challenging, delegate ahead, delegate in chunks, delegate precisely, delegate don’t abdicate, and finally give credit. According to the text, there is one golden rule when it comes it delegation, which is â€Å"the more power you give way the more power you have. †

Nanophase Technologies

Observation I Strategic Implication I Cumulative losses since inception I Menopause will need additional financing to complete another year of operations. Its apparent that the company has experienced cumulative losses to the value of $34,754,188. As of Deck 2011, has $7. 4 million available in cash and investments. I Too many current development projects I Menopause does not have enough products or customers to generate revenue stream to support projects.This also resulted in lack of business focus. I Menopause employs too many team members I When a company is operating at a ass of $34 million, its not viable to be operating with 51 full time workers (1/3 having Masters degree implying higher annual salary) accruing excessive labor costs without a ROI. I Primary revenue stream coming from one customer I In 2001, Menopause obtained 75% of its revenue from one customer.Particularly through economic hardship, reliance upon one customer is a risk, potentially leading to immediate closur e if the customer were to go under. I Competitor profiling I Insufficient awareness of competitive market – affecting Monoplane's ability to moment effectively and forecast future challenges/opportunities I High revenue ; R;D costs I Cost of manufacturing and R;D costs are way too high considering product revenue generated.Investing further in assets that isn't selling, and having to pay storage fees, over and above cost of goods is not financially viable – resulting in company operating at a loss I Core Problem I How can Menopause Technology expect to generate a profit when they do not have enough money coming in to sustain day-to-day operations? I Recommended (SMART) Objectives I Recommended Strategies I 1 . Develop and present each of Monoplane's customer with 2 new promotional programs for next financial year.I Develop promotional programs for current customer base, incentives them to pre-purchase upfront. | 2. Increase sales by 50% in 2002 | Focus on sales team de velopment and implementation of strategic sales strategy. I Evaluation ; Justification of Strategies I 1 . Menopause has operated at a loss since inception and will not be able to continue operations without sourcing additional funds. As such, it is reliant upon instant cash flow drilled into the business to sustain current business operations, which can be acquired through uptake of promotional programs with current customers.Whilst this is not a long-term solution, it will provide a short-term solution to financially prop up the business. 2. Menopause hasn't achieved any significant growth in sales between 2000 and the first half of 2002. They need to focus sales strategy on closing deals, growing customer base and better servicing current customers. Need to beef up current sales team through sales training and development, incentives (and sales targets) and managerial support and mentoring to enable them to perform at a higher level and achieve sales targets. I

The War After essays

The War After essays In the late 1920s a German dictator and War veteran called Adolf Hitler rose to power in Germany. In his campaign he promised the people of Germany that he would make their country great again. German voters loved Hitlers optimism, all of Europe was caught up in the depression and the German people saw Hitler as a way to escape it. Hitler soon realised that the more he offered the more people supported him, other World powers saw him as simply another dictator promising his people things he couldnt achieve. It was not obvious what Hitlers plans were at this stage but if he was planning war from this early on then it is very unlikely that the world powers would have ignored him. When the Nazi party, lead by Hitler rose to become the leaders of Germany one of the first things Hitler did was to go against the Treaty of Versailles. In his views and many of the German people the Treaty was totally unfair, the winning powers had made it and they had thrown so many different rules at Germany that there was no possible way Hitler could be a successful leader if he obeyed every one of them. Hitler withdrew Germany from the failing League of Nations and astonishingly from the Geneva disarmament conference that was set up prevent war on a major scale. Although it is easy to interpret Hitlers actions as violent, all he was simply doing was freeing German, from all its loose ties. Hitlers ambition was to make Germany great again, and that could never happen if they had to keep following various rules of things that didnt involve them. Hitler went on to invade the Rhineland, totally re-militarising it. The Treaty of Versailles clearly stated that Germany wasnt to be allowed troops in that area of Germany. Hitler claimed that he wouldve ordered his troops to retreat if he had come across resistance from the French or the British. However no French or British tro...

All Aboard! 5 Tips to Launching Successful Blog Tours

All Aboard! 5 Tips to Launching Successful Blog Tours Though the time frame and number of stops varies, it’s typically 5-10 sites within a four week period. Think of it like a ten city booking, minus the â€Å"stage fright† and travel expense.  What are some of the benefits to writers who are â€Å"on board† with this promotional tool? and social media buddies that can bring in potential book sales on a much larger scale than if authors were to promote through their efforts alone.  Ã‚     Blog Tours can help to generate a â€Å"buzz† about books and creative projects for a considerable period of time between â€Å"Tweets†, Facebook discussions, reviews and recommendations. There To make the most of yours, here are a few tips to optimize your efforts.  1. Do your homework. Not all sites are created equally. Before embarking on your journey, consider your goals, the desired readership, and the reputation of the blog. Though you can have a wonderful experience at any number of sites within popular niches, to get more bang for your buck, tour those with at least 100 followers, an â€Å"active community† or a Google Page Rank of at least a 3.  2. Be prepared to become actively involved in the process. In other words, you’ll get out of it what you put into it. Respond in a timely fashion to readers’ questions and comments. Be gracious.

Industrial Relations Essay Example | Topics and Well Written Essays - 500 words

Industrial Relations - Essay Example The collective bargaining of the union has greatly facilitated the welfare of the workforce and has promoted their interest amongst the management. According to Claude Bernard, ‘Art is I; Science is We’ (Bernard). Indeed, the strategic leadership of the management and the union significantly promote better relationship to maintain smooth operation. Like science, the union leaders are much more informed and constantly make efforts to improve and improvise relationship between the employee and employer and ensure that workforce is not exploited. They strike hard bargain with the management in the interest of the working class. Then again, one can broadly define art as a creative expression of oneself. It is individualistic and normally confined to the interest of one person, even though it might have significance for others. The science, on the other hand, is not exclusive and the outcome of scientific experiments has direct impact on people at large and applies universally. Indeed, in science, what affects one person, has the same concern for others also. This works best for labor unions because if the union fights for the injustice of one employee in an organization, the result of that negotiation applies for others also. This has specially become significant in the contemporary times of recession when businesses are going in for large lay off of the workforce. The repercussion of loss of job for one person is as traumatic as for others. So the unions across the regions and nations are working hard towards coming come up with creative forms of negotiations to wards of employees lay off. A case in point is the role of unions in Virginia where ‘unions have played a major role in local races, including making a $50,000 contribution to Fairfax County Supervisor Sharon Bulovas campaign for board chairman. And they are preparing to dedicate significant resources to this years hotly contested campaign for governor’

Inividual 4 Essay Example | Topics and Well Written Essays - 1000 words

Inividual 4 - Essay Example Predicting the performance of different currencies in the market can help both individuals and investors in making sound business decision to minimize risk and maximize returns on investment (Oberlechner, 64). This paper focuses on a case studies related to exchange rate forecasting. A leader in a certain firm who has had keen interest on the exchange market and studied it predicts that in the next 12 months the exchange rate between the dollar and the Euro will be $1.41 to Euro. The company seeks to invest $ 500 000 in the forward, spot or options market. Using the current performance in the market, the forward rate is $1.37o5 to the Euro and the spot rate is $1.3435. This article discusses why the firm leader predicts that there will an increase in the exchange rate, seeks to calculate the profits that can be earned from the investment and gives recommendations on investments based on speculations. How to make Prediction on Future performance of the currencies in the exchange rate market One of the ways that can be used to predict future performance is by the use of Purchasing Power Parity (PPP). This is the most commonly used method and is based on the theory of one price where the prices of a identical commodities are assumed to have the same price in different countries. This means that if the rate of inflation in one country if higher than the rate of inflation in another country is lower, then the value of the currency with a higher rate of inflation will reduce in relation to the currency of the country with lower inflation. For instance, in this case study, the increase in value of euro could be as a result of increase in the rate of inflation in America in relation to inflation in the euro zone. For instance, if the predicted increase in inflation in America for the next 12 months is 5% and the expected increase in rate of inflation in the euro zone is 2% then the difference in inflation rates is the level of depreciation the American dollar currency suffers in relation to the dollar (Yu et al 245). 5%-2%= 3% difference in inflation rates. If currently the value of the euro is $1.5 then the new exchange rate will be: $1.5 ? 103%= $ 1.545 1 euro will exchange for $ 1.545. Another way the leader could have predicted an increase in the value of euro in relation to the dollar could be through the prediction of the relative economic growth rate. The value of a nation’s currency is expected to appreciate if the country has a good economic growth outlook with likelihood of greater domestic and foreign investment. American just experienced a government shutdown which is a phenomenon that is expected to influence investment negatively. Both foreign and domestic investors may not be willing to make huge investment under the unsure circumstances and this is expected to stunt economic growth rate (Yu et al 243). The euro zone is not experience anything like this and their economies are expected to continue growing. It is thus possibl e that the value of the euro will increase in relation to that of the dollar. Calculation of the Expected profits The spot rate is $ 1.3435 Forward rate $ 1.3705 $1.3705-$1.3435= $0.027 Percentage increase in rate: 0.027?1.3435? 100= 2.01% Expected profit $500 000? 2.01%=$ 10050 Recommendation on Investment Making investments in the speculative market brings about a lot of income within short period of time. It is also less involving as it does not require labor but being able to predict the market

Exams questions Essay Example | Topics and Well Written Essays - 2500 words

Exams questions - Essay Example This was interpreted by some commentators as the Jihadists’ way of warning Australia and deterring it in collaborating with the United States. But unfortunately, the message was ignored by the Australian government, putting its citizens at ever greater risk. Bali might not be officially Australian soil, but with the organization and skill with which the Islamic militants operate, it might not be long before Australia is made to pay for its ill advised alliance with imperialists further north (Abuza, 2003, p.170). With the apparent failure of its participation in the War of Terror campaign, the policy makers in Canberra should also remind themselves of the real causes of Bali bombings. The Establishment press, most of it owned or controlled by Rupert Murdoch and keen on promoting its own interests had presented a blanket view in its Bali reports. For example, the Australian mainstream media wants its citizens to believe that the terror attack in the Indonesian island was a sequel to the campaign of hatred against western way of life that was kick-started with September 11 attacks. But this view-point is not accurate. The South East Asia region has a large Muslim population. Indonesia is a thriving centre for Islamic scholarship and practice. But unfortunately, Australia had in the past sided with the oppressive Suharto regime (with the tacit support of the United States and Britain) and had indirectly aided injustice in the past. The Muslims in the region have every reason to feel aggrieved. What Australia needs to do is to keep its intelligence gathering efforts to a minimum and focus its energies on reaching out to its neighbours. A real change in the threat of terror will only come about when economic opportunism and imperialist ambition is replaced with humanitarian concern and noble statesmanship. It is becoming obvious that the best way forward for policy makers in Canberra is to sever

Indian Lubricant Industry An Introduction Marketing Essay

Indian Lubricant Industry An Introduction Marketing Essay Indian lubricant industry in a recent past has presented new market opportunities. Firm growth in the Indian power, engineering and automotive sectors has been a boon for lubricant manufacturers. In automotive sector, as consumers migrate to efficient vehicles and motorbikes, they use higher grade lubricants. As a result, multi-grade lubricant products are getting benefitted. In the industrial segment, high level of investment in manufacturing, transport and power sectors have the potential to drive very strong growth for marine aviation lubricants and transformer oil. The automotive lubricant market in India is highly price sensitive the volume growth is getting stagnated due to longer lasting lubricants. The retail trade and original equipment segment are two major marketing channels in the Indian context. Due to ever growing competition, tie-ups OEMs are becoming important as they provide the value proposition of a brand. In retail trade, Petrol pumps (ROs) form the major distribution channel. Sales of lubricants via ROs or the bazaar trade has changed the Indian automotive lubricant market into a FMCG sector. The other marketing channels are garages, super markets, rural and agricultural dealers, authorized service stations and wholesale distributors. PSU companies manufacture their own base oil and follow a different distribution strategy as compared to their private counterparts that solely dependent on imports. PSUs sell from their own wide spread network of ROs while private manufacturers prefer supermarkets. Engine oil plays the most important role in deciding the market share of lubricant manufacturers. Increase in demand for 4-stroke motorcycles, tie ups with OEMs and implementation of new norms of pollution are few of the key drivers of the growth of the engine oil segment. Growth in heavy commercial vehicle segment, increasing awareness among the customer base, new cooling technologies and OEM tie-ups has led to increase in coolant demand which has become the next largest segment in the automotive lubricants market. In brake oil segment, introduction of new brake systems, increasing growth in LCVs, consumption of lubes by CPVs and changing customer mindset related to specialty lubricants are believed to push demand further. The gear oil market is also growing fast and has high potential owing to increasing number of vehicles on road. Vehicles of new generation with advanced gear system technologies automatic transmission systems need special type of lubricants conceiving greater demand for API synthetic and multi axel gear oil, API MT-1, API GL-5 ultra-Matic, which reduces the oil changing intervals. In the long run, the overall picture for automotive lubricants sector looks bright due to growth of Indian economy along with increased purchasing power of consumers. BPCLs Lube Division Bharat Petroleum offers a complete range of Gear Oils, Automotive Engine Oils, Specialty Oils, Transmission oils and Greases. The fine quality of the lubricant and its correct usage ensures longer engine life and trouble free operation. Lubricants were totally deregulated during the liberation era of early nineties. Thereafter, a large number of players have forayed into this market. Despite operating in a totally competitive environment, BPCLs Lubricants SBU has been registering a growth in lubricant sales continuously over the past couple of years. As compared to 2008-2009, a growth of 13.73% has been achieved and sales volume of 231.12 TMT has been achieved. The channels viz. retail and direct saw a growth of 20%. BPCL has a strong RD competency, extensive distribution network; own source of Group II+ base oil, highly motivated and dedicated workforce which serves as a strengthening mechanism for it but due to increased competition and continuous phasing out of 2-stroke engines are threat to the company in its growth path. Birth of MAK In 1998, BPCL re-launched lubricants in new attractive packs. It was mainly in automotive category with three major brands- Automol for Petrol Engine oils, MAK for Diesel Engine oils and Glide for 2-3 wheelers. The year 2003, MAK was named as an umbrella brand and subsequently all industrial grades too were branded with it. MAK Lubricants sales and its market share The Lubricants business of BPCL delivered a sales volume of 231.12 TMT in 2009-10 as compared to 203.22 TMT in 2008-09, a growth of 13.73%. The volume of finished lubricants grew by 23% during the last year. Both the reseller channel and direct channel grew by over 20%. MAK Lubricants are now available at more than 23,000 retail counters across the country apart from the small mechanic shops and authorized service stations. Products like MAK Chakda and MAK Boat XP were launched during the year. There has been an expansion in customer base across the segments with prime focus on the key growth sectors. The wide range of products cater to normal applications like Engine oils to Hydraulic, Marine, Cutting and very specialized products for Defense applications and Railways. Products catering to specific applications like MAK Amocam Plus, MAK Steel for steel plant applications and superior Industrial Gear Oils were launched. In the retail channel, focus was on generating secondary sales at the retail outlet. Initiatives like One Day Wonder and MAK QUIK improved visibility of the brand and also offered a value proposition to the customers. Segment specific oils like MAK Auto XL and MAK D-Gen were introduced to cater to niche markets. The network of MAK distributors was further expanded with the objective of achieving leadership position in the high value grades. On the exports front, BPCL entered Sharjah and consolidated its presence in Nepal, Sri Lanka and Bangladesh. Point of Purchase Lubes Shop They are exclusive lubricants reselling points to facilitate the customers for their Lubricants requirement and confirming with the Quality and other standards of BPCL. The deregulation in the industry along with entry of multinationals has led to a shift of trade to the bazaar. Owing to huge potential with competitors providing huge discounts, BPCL too has forayed in this direction and has started giving discounts to the end customer instead of the channel. These branded lubes shops are available all across the country in all major cities. These C:UsersRomioDesktopLubeshoppe.gif MAK Garage BPCL started a campaign by enrolling the mechanic segment under the umbrella network of MAK Garage. It was launched in 2006 to promote the MAK lubricants and currently about 800 MAK garages across the country exclusively uses MAK Lubricants C:UsersRomioDesktopmak_garage.gif Hero Honda Service Stations JV between Hero Honda and Bharat Petroleum. The initiative is to utilize the vast BPCL network across the country to provide value added services to the customers through the City Work network at our ROs. Currently, there are around 170 Hero Honda City Works operating across the country C:UsersRomioDesktopcitywrk.png TASS TATA Authorized Service Station is yet another initiative for strengthening our relationship with TATA, Indian Auto Major. There is a joint collaboration for marketing co-branded greases, lubricants and specialty products MAK TATA products. TASS provides TATA vehicle service network throughout Dealer network across the country. This network of service is of two types SUVIDHA for TATA Ace vehicles and TASS for heavy vehicles C:UsersRomioDesktoptass.jpg VCC BPCL launched a new initiative VEHICLE CARE CENTRE at the retail outlets. This ought to provide esteemed customers state of the art facility at affordable rates. The network is in growth phase and is gaining huge popularity across the country. C:UsersRomioDesktopvcare.png MAK Quik Lube Oil Change To value the time proposition of the esteemed customers, new initiative MAK Quik Lube oil Change has been started at various outlets. It mainly caters to the Bike and Car/SUV customers for changing the Engine oil in the vehicles within a short span of time. The major advantages to the customer out of this initiative is à ¢Ã¢â€š ¬Ã‚ ¢ Quick Oil change in front of eyes à ¢Ã¢â€š ¬Ã‚ ¢Mechanized system of changing Oil which helps in removing the layer of old oil completely. à ¢Ã¢â€š ¬Ã‚ ¢Genuine MAK product à ¢Ã¢â€š ¬Ã‚ ¢ No Servicing cost- only the cost of product needs to be paid by the customers. à ¢Ã¢â€š ¬Ã‚ ¢ Fast turnaround time for the customers. à ¢Ã¢â€š ¬Ã‚ ¢ Exceptional offers to the customers C:UsersRomioDesktopservice_makquik.jpg OEM Tie-ups   Due to the ever growing competition, the tie-ups with OEMs have become important as they help in reinforcing the value proposition of a brand. BPCL is continuously working with OEMs to help them in providing the best value for money to the customers by developing and upgrading genuine oils for the vehicles and equipments by addressing the requirements of the changing technology. The marketing and RD teams have been providing the solutions for specialized lubricant applications in cement, power, steel, road construction, engineering and other leading industries in India. The RD team has developed about 300 different formulations in last 10 years out of which last 3 years saw about 50. BPCL has started its own LOBS plant in Mumbai by using the latest All Hydro Processing Technology a Chevron Lummus Global patent. This has enabled them to manufacture finer quality MAK Base oils beyond the requirement of API Group II which is rated as Group II plus. OEMs acknowledge BPCLs identity in producing quality base oil, best of RD capabilities and deep marketing acumen. OEM Partnerships BPCL has agreements with top notch automotive manufacturers which have both National and International presence. This is in addition to presence across the country with plethora of options available for all the sections of the industry. With superior technology, strong brands and vast distribution, MAK Lubricants is a perfect partner for OEMs looking for offering their consumers the best of products and services. Hero Honda Motor Limited It has an association with BPCL since the year 2004. MAK Lubricants has become the biggest supplier of engine oils in a span of first five years for initial fill and to Hero Honda Motor Limited dealers, Authorized service stations spare part stockists.   BPCL has been developing speciality products like Engine oils Shock Absorber with joint working with HHML that can meet the stringent HONDA, Japan specifications. Also, BPCL has started Hero Honda City Works exclusive service outlets for HHML customers  at BPCL ROs.http://www.maklubes.com/Images/HHSuperPremium4TPlus.jpg http://www.maklubes.com/Images/Hero_Honda.jpg This is the largest manufacturer of commercial vehicles in India. There exists a strategic alliance with Authorized Service Network, Tata Motors dealerships and Tata Motor Spare part dealerships for supply of Engine oils and Co-branded engine oils speciality products to. MAK Lubricants jointly works with Tata Motors in areas including joint product development, customer service promotion. MAK TATA MOTORS CH4 15W40, specially developed for Tata Motors, is authorized by Tata Motors to use in all commercial vehicles fitted with Tata Cummins Engine. Tata Motors Commercial Vehicles Division http://www.maklubes.com/Images/MAK_ATF-A.jpg http://www.maklubes.com/Images/tata_motors.jpg BPCL and GM have entered a strategic alliance to supply Co-branded engine oils and speciality products to the GM dealerships authorized service networks across the country. BPCLs GM MAK Genuine 15W40 Diesel Petrol Engine Oils are specially developed for GM is endorsed by GM for use in all its passenger cars and Utility vehicles.  General Motors India http://www.maklubes.com/Images/MAK_Genuine_Diesel_Engine_O.jpg http://www.maklubes.com/Images/general_motors.jpg The 3rd largest 2-wheeler manufacturer in India and among top ten in the world, TVS had an annual turnover of more than $1 billion in 2008-2009. BPCL and TVS Motor Company have an exclusive tie-up to supply engine-oils for initial service fill TVSM dealers, spare part stockists Authorized service stations. TVS TRU 4;  the 1st JASO MA2 specification oil of its type has been manufactured by BPCL for TVSM two- wheelers. It is available at all TVS Motor authorized dealerships workshops and BPCLs extensive reseller network. TVS Motor Company Limited http://www.maklubes.com/Images/Mak_TVS_tru4.jpg http://www.maklubes.com/Images/tvs_motors.jpg   LT KOMATSU A market leader in excavator segment, it commands greater than 50% of the market share. Tie-up for past 5 years for supplying oils LT Komatsu dealerships and users. BPCL also develop, manufacture supply specially formulated speciality products and hydraulic transmission oils for use in to LT Komatsu excavatorshttp://www.maklubes.com/Images/LT_Komatsu.jpg . Competitors of Bharat Petroleum Corporation Limited (BPCL) Lubricants HPCL IOCL Honda Engine Oil Yamaha Lubes Castrol India Ltd Savita Group Total Group, India Gulf Oil Corporation Ltd (Lubricant Division) Apar Industries Ltd The Andrew Yule Group Gagan Gases Ltd Balmer Lawrie Co Ltd Major Competitors Engine Oils used at authorized Service Stations Honda Engine Oil Honda 4-stroke engine oil is developed by the RD, Honda Motors Ltd., Japan. It conforms to International specifications of SAE 20W40 and API SJ. It has been developed keeping difficult driving conditions prevalent in India. Savita Chemicals Limited In 1961, it started as a small manufacturing unit in Mumbai started producing white mineral oil. Presently, SCL specializes in manufacturing of petroleum specialty products like petroleum jelly, liquid paraffin, white mineral oil, transformer oil, automotive other industrial lubricants. It is in technical collaboration with largest independent oil company of Japa, Idemitsu Kosan, for manufacturing automotive and industrial lubricants. It supplies lubricants to OEMs like Honda Siel, Toyota and HMSI. Yamalube ® These are made by combining base oils, additives and solvents; chosen and mixed to work perfectly for the vehicle. It was designed to work in harmony with the important mechanical components of vehicle. 4-stroke fully synthetic engine-oil for high-performance bikes and competition engines. 4-stroke semi-synthetic engine-oil Æ’Â   a unique blend for all road bikes in normal conditions. 4-stroke mineral engine oil premium quality 2-stroke semi-synthetic engine oil for 2-stroke engines Æ’Â  for standard or unleaded petrol engines. The Marketing Channels **Pie areas not to the scale Till date, the Indian consumers associate filling of lubricants to petrol stations. With the deregulation of market fierce competition, lubricant is being positioned as high involvement consumer goods. Hence, there is a resultant drift outside the petrol stations, shift to bazaar trade. In the developed World, Do-it-Yourself concept has evolved for filling up of engine oil as customers have high degree of awareness sensitivity. This is still the job of mechanics service stations in India. This shift had the following effects: Dumping of products in bazaar. Decline in Market Share of oil companies in public sector. Industry got transformed to FMCG owing to crowding of the market Entry of spurious lubricants. War of trade discounts ending in lesser margins for dealers. Consumer Buying Behavior To start the understanding of the behavior, first we need to know who the consumer is or rather we should define the consumer. A consumer is one who owns a motor vehicle; it can be a motor-bike, a car, a truck or an auto. Let us take example of a farmer who owns a tractor, jeep and a truck. He does not buy separate lubricants for his truck or tractor but rather he would buy for one in bulk and would use it for other two. This might be due to his belief that diesel oils are better than petrol ones. Also, in many parts of country, the farmers use left-over/old oils in their tractors/trucks into the agricultural pump sets. Motivators The main motivators or influencers in the buying decision of customers are retailers/mechanics/dealers. As quite obvious, the owner of the vehicle or the driver has a very little chance of knowing about the intricacies or the composition of the lubricant oils in the market. Initial purchase of lubricant for hi is influenced by the brand recommended by the dealer or the mechanic. Subsequent purchases may be influenced by the petrol pump attendants or dealers. He would go for the brand which provides him value for money and would not consider the costliest one. Favorite brands As seen during the study, the consumers are bargain seeker and can shift their loyalty for a matter of few bucks. This can be attributed to the fact that the purchase of lubricants is a low involvement purchase for the majority of people. For a person having multiple motor vehicles can purchase the engine oil and subsequently use them in some other means as for example in pumps as discussed earlier. But one who is having a sole motor vehicle say a truck would rather prefer to buy diesel than lubricants as this would directly have an effect on his livelihood. His choice of lubricants would be influenced by:- Promotions Now-a-days, by adopting a customer-oriented approach, companies focus on creating brand awareness via print and visual media. E.g., promotional campaigns and trade shows offer gifts to their customers; these are ways of driving sales of the automotive lubricants MAK MALAMAAL DAILY JEET KI KHUSHI SCRATCH WIN This promotional offer provides a chance to win up to Rs. 30 on MAK 4T plus 900 ml 1 ltr pack and a chance to win up to Rs.100 on selected MAK Petrol Diesel Engine oil packs from 3-5 ltrs. http://www.maklubes.com/MAKADMIN/Promotiondata/8_Image_JEET_%20KI_KHUSHI.jpg This promises the customers a Promise Tooth Paste and Binaca Toothbrush free with every pack of MAK GE 20W-50 : 1 ltr pack MAK PUMP 3.5 ltr pack. GADI MEIN DHAMAK HASI MEIN DHAMAK! http://www.maklubes.com/MAKADMIN/Promotiondata/10_Image_HASI_MEINDHAMAK.jpg MAK MALAMAAL DAILY KISMAT KI BALTI KHOLO This provides a chance to win up to Rs. 500 on purchase of MAK Lubricants Engine/gear oils packs from 7.5 -20 ltr packs. Double offer An unbreakable LED torch light free with every pack of 15 20 ltr http://www.maklubes.com/MAKADMIN/Promotiondata/2_Image_Kismat_ki_balti.jpg Awareness/Sales Booster Mechanism Diversification Going on the lines of innovation, BPCL MAK have embarked upon thinking beyond Lubricants. As a part of this inventiveness, MAK lubricants have through dynamic RD have offered new products catering to specific requirements and the problems faced by the customers. MAK All-Season HMO Apple Spray Tea Spray Oils This Horticultural Mineral oil is manufactured out of Group II plus MAK Base oils which are environment friendly, therefore, they not only protect the tender plants and fruits but also their users. It is superior to both Summer and Dormant Oils and has no side effects. All season protection Reduces number of sprays Broad spectrum protection against pests and diseases Avoids usage of synthetic pesticides Excellent crop return Valuable tool when it comes to integrated pest management programs Reduces pest control costs Environmental benefits Eco-friendly approach No residue on evaporation Organic biodegradable Safe on predatory complexes No toxic elements No interference with plant respiration Authentication Increases crop value

Hemp: The Earths Greatest Plant :: essays research papers

Hemp: The Truth About the Earth's Greatest Plant   Ã‚  Ã‚  Ã‚  Ã‚  In a perfect world there would be a product that could serve as a fuel source, a food source, a paper source, a textile source, and this product would be easy to produce in any of its forms. Believe it or not such a product does exist; it is the plant known as hemp. No tree or plant species on earth has the commercial, economic, and environmental potential of hemp. Over 30,000 known products can be manufactured from hemp.   Ã‚  Ã‚  Ã‚  Ã‚  Hemp was a common crop grown in the U.S. until 1937 when it was unjustly banned. A common misconception about hemp is that it was banned because it was a widely abused, harmful drug. Hemp was banned because it was a competitive threat to the wood industry. Corporations that profited from the demise of hemp spread rumors that marijuana was a major drug problem, which it was not at the time. They also propagated a campaign that it was a drug that induced uncontrollable violence, another complete falsehood.   Ã‚  Ã‚  Ã‚  Ã‚  Hemp is the plant scientifically known as cannabis sativa. It is referred to as hemp when it is grown for its fibers, stem, and seeds. Its leaves and flowers produce the drugs marijuana and hashish. However, sterile breeds of the plant are still illegal to grow in the U.S. Literally millions of wild hemp plants grow throughout the entire Midwest today. Wild hemp, like hemp used for industry purposes, is useless as an intoxicant. Yet U.S. drug law states that one acre of this can result in the owner being sentenced to death. The death penalty exists for growing one acre of perfectly harmless, non-intoxicating weeds!   Ã‚  Ã‚  Ã‚  Ã‚  Hemp can produce any product that paper can produce. The difference is that one acre of hemp can produce four times as much paper as one acre of trees ( a study done by the U.S. Department of Agriculture). Also, a crop of trees takes twenty to fifty years to be ready for harvest where hemp is ready to harvest four times as much in just a year. In addition, hemp produces twice as much fiber per acre as cotton. Twenty five percent of all pesticides in the world are used on cotton, averaging to four pounds of chemicals per acre of cotton in the U.S. every year. Since hemp is a natural repellent to weeds and insects, it needs almost no insecticides or herbicides. If it were substituted for cotton it could greatly reduce the pesticide usage. Again, hemp can produce anything cotton can and what's more it can produce it better.

Motivational factors on the employee’s commitment Essay

Today’s organizations and companies want their enterprise to be around in the future, successful and sustainable; avoiding the risk of performance or any negative effect. They consist of employees known as personnel that turned into human resources. Some of the major factors shaping the outcome are the quality that you hold: if employees are the right people; how the manager could keep it up; how they can be motivated for good performance. Motivation is a necessary tool for management or leadership providing a reason to employees to perform in a certain way. In addition, the essay will include the academic background of motivation theories as that of Herzberg, Maslow, Adams and Vroom. Setting goals is an essential motivating process and has been the focus of recent research and theory on work motivation (Locke and Latham, 1990). Thus, examples would be provided for further and practical explanation of theories, as the cases of Starbucks, Freese and Nichols (FNI) and Apple†™s iPhone. At the start of the 20th century fundamental theories of motivation are presented, models about what motivates workers and their responses. Several theories of motivation try to analyze and estimate who wants, what and why. This is the reason why the theories of Herzberg, Maslow, Adams and Vroom have implications on the contemporary business. First, the bigger portion of Herzberg is that he developed the motivation –hygiene theory, which believes that there are many factors that workers could be motived. Byhese factors generate satisfaction and dissatisfaction. According to Herzberg (1959) accomplishment, the work itself, responsibility, growth and recognition, and company policies, work  conditions, supervision including relations with peers and management, salary causing respectively the two different distinctions. Satisfaction and Dissatisfaction portrait two different human needs driven by salary to purchase shelter and food and by actions leading to grow and attain (Herzberg, 1987). However, job satisfaction does not imply always-high level of productivity or excellence of motivation response. Practicing in business, the challenge at work is to raise the utility of ability of employee leading to the growth of responsibility levels. Herzberg’s Two Factor Theory and Maslow’s are the main theories of motivation. Continuing with Maslow’s model, Maslow classifies the human needs and examines how the classifications are connected to each other. A person starts at the bottom level, where they try to satisfy basic needs (food and house). When the needs have been fulfilled, there are no longer a motiving force and the individual goes to the next stage. Moving on the rest hierarchy; we can recognize safety needs (loss or protection against unemployment), social needs (communication, teamwork), esteem needs (human to be accepted and valued by others, respect from others) and self-actualization (how people think about themselves) (Maslow, 1954). If the management can find which level of need each employee expects, they can then decide corresponding rewards. Besides, one of the most relevant process theories of motivation is Adams’ Equity Theory. According to Adams, the theory argues the comparison of employee’s job input and outcome and also the same with that of other person at the same level (Mowday, 1991). Adam identified inputs as characteristics (age, sex, education, social status) that guide individual to ‘’social exchange’’ for an effort. Outcomes are specified as the benefits, the rewards or privileges (money, work duties, better status, power, authority). The employee is not moved to an action when there is a balance between inputs and outcomes, because they are already satisfied and equality exists. However, if the individual notices that the ratio of outcome/input is less than that of expected, then inequality exists and motivation forces start to build up the lost equity. It should be noted that there are two main different ways to restore the equity. Either the individual might choos e higher outcome based on their lower inputs, or reduce the inputs in relation  to the same outcome (Adams, 1965). The actual purpose is the equality between input and outcome. Therefore, inequality could be when the employee is either over-rewarded or under-rewarded (Fok et al, 2000). It was initially proposed in the early 1960s the Expectancy Theory by Victor Vroom, which premises the significance of motivation. The theory tries to examine why individuals choose specific behavior or action. According to Vroom (1964), there are three central components; Expectancy (effort leading to a particular level of performance); Instrumentality (that performance will lead to outcomes); Valence (the value that the individual places on the outcome). Droar (2006) suggests that for a person to be motivated the key elements must be linked. Otherwise, Porter and Lawler (1971) argue that Expectancy theory needs to be updated, because it includes some flaws. For example, an employer gives a reward, such as a promotion or financial bonus hence the employees will bonus their productivity to gain the reward. However, this only works if the employees believe the reward is favora ble to their actual needs. Apple is a company that can be used to exemplify the theory of Herzberg. Behind Apple and the design of products by employees is the psychology of extrinsic and intrinsic characteristics driven by the question ‘’Will I enjoy using this product myself? ‘’. The extrinsic motivation is based on rewards for executives by giving them 3%-5% bonus of their salary. Next, all Apple employees receive discounts on products or they might receive free iPhone or iPad if they are on the developing team (Issaacson, 2011). This is more efficient than the increase of the salary as long as they see in front of their eyes the results of the effort, but also it is cheaper for Apple. In addition, intrinsic motivation is driven by corporate culture. Employees are weightily committed to their job, as ‘’monotonous encoding’’ that they enjoy it (Issaacson, 2011). The culture of Apple was forced by Steve Job. What motived him to follow his dream and his heart was the passion, creating innovative products based on enjoying using himself rather than to bring profits to Apple. The core principles for this are: Do something direct for your life; Get better and better at something that matters; There is no reason not to follow your instinc ts and your heart, nothing to lose (Awareness of his death) ; Understand that you live only once. Apple is a company that works and thinks outside the box helping people to change the world (Gladwell,2011). Furthermore, Freese and  Nichols (FNI) is a practical example of expectancy theory. FNI is the first engineering/architecture firm to receive this honour. Employees are trained to improve quality in the work and seminars and FNI University training offered by the company. Workers have the authority to work on their own. In 2010 FNI gained the Malcolm Baldrige National Quality Award. In addition, Starbucks Corporation, the most famous chain of coffee shops in the world, attracts customers for its quality and the good value for money while the prices are high. Beyond, the employees are also satisfied. Major motivational principle of king of coffee is the equity, meaning how fair the employees are treated by the employers during their work (Economist.com , 2009). For Starbucks employees are partners, not just employees, giving them valuable knowledge and training and providing them with rewards and benefits. Besides, Starbucks offer a creative and excellent work place, as part of ethics program, where the company treats its ‘’partners’’ with respect and prestige. Motivation theories should be examined in a deeper and macro level. Firms corporate operate and have subsidiaries in different countries, where there are different employees around the world with different cultures and values. It is complicated for an organization to motivate different cultures, for the reason why each has different temperament and the ranking of needs differs among cultures. The motivation to work differs across cultures and this could be illustrated the following example. In countries where there is high risk of economic failure the reward of success is low, like Greece, where there is an enthusiasm for work because the deep recession. Great enthusiasm for work could be found when high uncertainty of outcome combined with positive reward (Triandis,1982). To conclude, according to the background theories, personal goals are contributing to the developing of human behavior. They are used by individuals to monitor, to modify and evaluate their behavior. Generally speaking, motivation can be preferential and selective aspect of particular behavior. It should be understood that motivation is important for the explanation of force toward a particular behavior or action. Vroom’s expectancy theory also places emphasis on the importance of motivation in the explanation of why people choose a particular action or behavior. Managers’ responsibility is to inspire, empower, envision and motivate employees for the fulfillment of their needs based on the different cultural  background. References Adams, J. (1963) Towards an understanding of inequity. Journal of Abnormal and Social Psychology, 67 p.422-436. Adams, J. (1965) Inequity in social exchange . Advances in Experimental Social Psychology, Academic Press. Droar, J. (2006) Expectancy theory of motivation. Economist.com (2009) Woke up, smelled the coffee. [online] Available at: http://www.economist.com/node/14536977 [Accessed: 23rd October 2012 ]. Fok, L. et al. (2000) Human factors affecting the acceptance of total quality management. International Journal of Quality and Reliability Management, 17 (7), p.714-729. Freese and Nichols Website (2010) Malcolm Baldrige National Quality Award Report. [online] Available at: http://www.freese.com/sites/default/files/Malcolm%20Baldrige%20Service%20Sheet.pdf. Gladwell, M. (2011) The Tweaker: The Real Genius of Steve Jobs. New York:. Herzberg, F. (1987) One more time:How do you motivate employees. Harvard Business Review, 65 (5), p.109-120. Herzberg, F. et al. (1959) The Motivation of work. 2nd ed. Barbara B. Snyderman:. Isaacson, W. (2011) Steve Jobs. New York: Simon and Schuster. Locke, E. and Latham, G. (1990) A Theory of Goal Setting and Task Performance. Prentice Hall: Englewood, NJ. Maslow, A. (1954) Motivation and personality. New York: Harper and Row New York, p.91-93 , 256. Mowday, R. (1991) Motivation and work. New York: McGraw-Hill. Porter, L. and Lawler, E. (1968) Managerial Attitudes and Performance. Homewood: IL:Richard D. Irwin Inc. Triandis, H. (1982) Cross-Cultural Management :Conceptual Analyses. International Studies of Management and Organization, 12 (4). Vroom, V. (1964) Work and Motivation. New York: John Wiley and Sons.