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