Euro Essays (911 words) - Currency, Economy Of The European Union

Euro The Most Interesting Event The progress of the Euro was the most interesting event occurring throughout this period. Never before has a currency united so many powerful economic nations. It is very interesting to see the progress it has made and changes it has influenced. In 1991 it was decided that the Euro would be introduced. It officially became the currency of eleven European nations: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain, shortly thereafter. Although the actually hard currency will not be introduced until January 1, 2002, it is possible to trade and complete transactions using this currency. This introduction allowed for a single money supply throughout most of Europe, caused increased transparency of prices and stocks throughout the nations adopting it and encouraged long-term investments between firms in different countries by eliminating exchange rate risk. Despite these benefits, the launch of the Euro has not gone as successfully as planned. Since its introduction the Euro has lost almost one third of its value compared to the dollar. This devaluation has the potential to create a large negative effect on European markets. To take control of the situation government intervention was deemed necessary. In early September, the European Central Bank lowered interest rates for the sixth time in less than a year, in hopes of initiating a rise in the value of the Euro. Despite these efforts the value of the Euro continued to falter. Then in late September central banks from many powerful economic nations collaborated in a major invention effort. The banks spent billions buying Euros to increase their demand while simultaneously selling dollars and yen. This effort seemed to have work as the Euro finally stabilized. This invention was an important step because a weak Euro would cause investors to lose confidence in the new currency. In addition it created a risk of increased inflation because of the increased expense of imports. However, the Euro is still not out of danger because many analysts feel that the reason that it is performing so poorly is because of the decreased amounts of investments in Europe as other markets, the United States in particular, continued to flourish. This is a long-term problem that the central banks will be unable to fix. Then in November as there were signs of slowing economic growth in the US the value of the Euro started to increase. By late November many businesses were acquiring a preference for the Euro because of the benefits it provided. According to one article, The Euro has revolutionized corporate strategy and transformed approaches to doing business in Europe. It makes life much easier for European people, businesses and investors as it creates a single European market. As you can see in just a short period the impact and effect of the Euro drastically changed. It will be interesting to see what will happen in January 2002 when the actual hard currency is put into circulation. No one knows exactly what impact this will have but it will be exciting to see just how this will stir up the European economy as well as economies throughout the world. The Most Interesting Event The progress of the Euro was the most interesting event occurring throughout this period. Never before has a currency united so many powerful economic nations. It is very interesting to see the progress it has made and changes it has influenced. In 1991 it was decided that the Euro would be introduced. It officially became the currency of eleven European nations: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain, shortly thereafter. Although the actually hard currency will not be introduced until January 1, 2002, it is possible to trade and complete transactions using this currency. This introduction allowed for a single money supply throughout most of Europe, caused increased transparency of prices and stocks throughout the nations adopting it and encouraged long-term investments between firms in different countries by eliminating exchange rate risk. Despite these benefits, the launch of the Euro has not gone as successfully as planned. Since its introduction the Euro has lost almost one third of its value compared to the dollar. This devaluation has the potential to create a large negative effect on

Athens And Sparta Essays

Athens And Sparta Essays Athens And Sparta Essay Athens And Sparta Essay While here are many differences that distinguish Athens and Sparta, both share a few resemblances. To start with, Athens and Sparta shared the same religion of Polytheism. Despite Athens having Athena as their main God who was adulated more profoundly than the other Gods. As well as with Sparta, they believed more heavily in Heraclites because Sparta believed he was their founder. Both worshiped all the Greek Gods, some were just more important for Athens and Sparta. In addition to religion, both Athens and Sparta shared the comparison of allowing slavery. Though Athens was a democracy, half of their population were slaves. It is projected that the vast majority of Athenians owned at least one slave. Sprats populace of slaves was more than 10 times the populace of Sprats citizens. The reason for Sprats ridiculous number of slaves is based that the slaves (or helots as Spartan called them) were essential to Sprats food production because the slaves handled it all. Regardless of Athens and Sparta sharing many similarities they also share many differences in their lifestyles since both developed parallel from one another. To start with, Athens prioritize education more than Sparta. Schooling was taken very seriously in Athens as men were taught in philosophy, math, science and more. Poetry, music and drama was also greatly appreciated in their instruction. A good education was the key to Athens success in Greek culture. In contrast to Ethanes value for education, Sparta didnt take education as seriously. When boys turned 7, they were shipped off to a military school until they were 20 to train for the army. The season that Sparta didnt have as big of an education standard as Athens was because they prioritize their military a lot more, which made their army stronger than Athens. Also both Athens and Sparta differ in women rights. For example, in Athens women are valued only for bearing children. Although women were not considered citizens in Athens, they were higher socially ranked than slaves but below men. Women were not allowed to own property which included lands, slaves, jewelry and clothing and were not premised to do sports. They also had to be accompanied by a slave because they were not permitted to leave home alone. Unlike in Athens, where women had no rights, in Sparta women did have a few. Women were allowed to play sport: and move around Sparta freely. For example, though women werent trainee in the traditional Sparta sports such as heavy weight lifting and disk throwing Women were trained in gymnastics to maintain their strength. The reason being, Spartan hoped that if their women were strong they could pass that trait down to their future child.

Explain the future of Global Aviation which includes regulation, Essay

Explain the future of Global Aviation which includes regulation, economics and organizational entities involved - Essay Example The root of crises at the level of air carriers and aviation industry is fragmentation, one of the major weaknesses of airport management is a monopoly in the provision of services and ground service and refueling. Another problem, the complexity of current state of civil aviation and prospects of its development is the lack of transparent and economically viable national system of rates for airport fees and tariffs. The rates for airport fees and tariffs do not match the quality of services provided. In conjunction with practiced monopoly suppliers of kerosene in airports are extremely negative impact on the regularity and profitability of the airlines, often resulting in delays and the cancellation of flights, and sometimes for an end to the flights of individual carriers from any airport. International experience shows that the competition in the global airline industry, aviation industry and organization / management of air traffic can not develop completely independently and requires strong and coordinated support to the state. This calls for an early launch a comprehensive program of reform and greater coordination of the management industry in the new national project. Governments should adopt and consistently enforce the set-up that includes economic incentives and administrative practices aimed at consolidating the industry. This should set clear and transparent criteria under which these airlines should be enlarged. There should be the market of specialization airlines (as they enlarge) - domestic / international, local / long-haul, cargo / passenger transport. Such specialization should meet the needs of the population and the economy and meet the profile of the carriers(Baldwin, 1999). It is necessary to realize the strategy of building a national network of airports, combining ticks carrying

Strategic management Essay Example | Topics and Well Written Essays - 250 words - 2

Strategic management - Essay Example ng is becoming a fundamental because the industry regulator wants to know techniques that a business uses to prevent violation and abuses from happening. In view of this, the GRC acts as a coach in the planning process. In addition, the concept helps industry regulators to know about the measures a business takes when it identifies violations and abuse of employees and policies. According to DiPietro (2013), technology could assist make a business’s governance, threat, and compliance plans more defendable when placed under regulatory analysis. In view of this, GRC must be aligned with the risks that a business is likely to encounter, so that it can help the business stop the risks from happening or help the business mitigate the risks. The GRC acts as a strategy that influences management decision in the industrial and the transnational environment of a business because it helps business prevent risks involved in foreign business ventures, such as bribery and compliance with local policies. A business engaging in foreign investments, such as construction would benefit from GRC, as it would help the business impede the regulatory risk of costly investigations on issues involving in bribery and policy violation. The GRC concept has become a fundamental aspect of improving business performance in the modern business environment (Bloomberg L.P,

Bbc story Essay Example | Topics and Well Written Essays - 500 words

Bbc story - Essay Example However, due to the advancement in technology, there are many options for people to select from the sources of news. Besides TV, radio, and newspapers, there is now internet which provides the latest news at any given time of the day free of cost. This increasing trend has forced the companies to focus just as much on their online presence. The newspaper industry is losing audience to the internet as people are no longer willing to pay for news that they can easily access online for free. Thus, in order to survive, the news companies are not spending big amount to maintain audience both online and offline. A different strategy was adopted by all three of the news companies to compete with each other. BBC was quick in coming up with an online strategy given its vast audience. The company soon announced its decision to go â€Å"digital† under the leadership of Entwistle. The introduction of iPlayer proved to be quite successful both, for the network as well as the VOD market (Andrews, 2012). The main strategy of the company was to focus on vision, audio and music, and digital future media division (Andrews, 2012). The global audience for BBC online is estimated to be 30 million (Horrocks, 2012). Guardian, on the other hand, completely embraced the online media and decided to become â€Å"a digital-first organization† in 2011 (The Guardian, 2011). The company announced that it will be posting complete material online and increase its investment in maintaining audience online as it is the future’s demand. The company is now focusing on reaching out to more people through internet and mobile phones and make efforts to improve its digital services since the entire newspaper industry has been suffering due to this major shift in use preferences (The Guardian, 2011). The guardian is presently the fifth most visited news site in the world with over 30 million online

Advantages And Disadvantages Of Globalisation

Advantages And Disadvantages Of Globalisation Job design purpose and objective is for quality, speed, dependability, flexibility, cost, health and safety. Job design is also mean by application of working principles and techniques humanization of work. This is the way of conducting their working style and working techniques. The aim of job design is to make sure and improved the job satisfaction of the company. Improved quality of product is an objective of design. New Balance Corporation is a company that stress on quality. New Balance is an athletic shoes company that mainly focus on performance rather than the outlook and style. The aim of job design is also to raise the productivity levels, challenge and responsibility of oneà ¢Ã¢â€š ¬Ã¢â€ž ¢s work. Example is the New Balance shoes come in a wide range of widths and sizes. The quality can be achieve because New Balance Company have their philosophy which is listen, learn and refine. Another method that New Balance Company uses is well-trained workers. The well train workers are train to perform different jobs and tasks. New Balance Company is creative by adapting to new technologies to shoemaking. The company also constantly give training to their employee in teamwork and technical skills so they can work by sharing and helping each other on the task to make sure everything done on time. Dependability is a job design method that New Balance Company stresses on. New Balance Corporation is a company that design and manufacture their product in the United States. Example of dependability is buyer or consumer will look into where the product is manufacture because consumer depend and trust product that are import from countries such as United States, Germany, Japan and others. Reduce employee problem is also one of the main purpose of job design. Job design is an aimed to reduce or overcoming job dissatisfaction and employee bad behaviour arising. Dissatisfaction and employee bad behaviour arising will cause the employee to make mistake. Once the employee make mistake then accident will happen and that will cause health and safety. 1.1.5 Flexibility Running shoes of new balance company is made United States. This is the culture where it produces close to the customers and also allows quick turnarounds on new design and order fulfilment. This is the flexibility of the company to fulfil the desire of customer to purchase the product. 1.1.6 Cost One of the method that New Balance Corporation is they refuse to hire superstars to endorse its product and this will also help to cut a lot of cost. Borrowing technology from apparel manufacturers is also one of the company methods. This will help the company to save money and also following the modern trend. 1.2 Globalisation Globalisation is claimed that globalization increases the economic prosperity and opportunity in the developing world. There are advantages of globalisation and also disadvantages on going global. 1.2.1 Advantages of globalisation Staying in one country is not a good method to remain competitive, so the New Balance Corporation chooses to launch a strategy to distribute all over the globe. To gain more profit is a company aims. Profit can be gain by expand their products to all over the globe. Expand the products to worldwide will be a global marketing advantage. From the global business, New Balance Company can be advertised on the internet and customers can easily view and purchase wherever and whenever they want. Advertising in the internet is a good advantage for the global business. Increased sales are for sure under the advertising in the internet. Under the global marketing, higher profits can be earn and achieve. New knowledge and experience is also an advantage under the internet global marketing. Another advantages going global is jobs been created. Once the company invested in another country, the job opportunity created. Once there are jobs for people, the economy will run smoothly. Wealth can be ob tained under the global marketing and productivity can growth wider. Wealth can be obtained means that human is going to gain money and an easier lifestyle. When going global, business will not only depend on the existing market but it will also have wide scale market. This means that new markets and producing dynamic sales can be obtain easily. The brand can consistency maintains their brand image. When the consistency in brand image is achieved, the brand will became famous and popular. This will also bring to higher sales and profit. Besides that, good ideas will be gain under going global. Good ideas can be gain from any individual in the globe and that can lead to a better design. This will help to identify what consumer needs and wants for their product. Going global will also establish good relationship between countries. After establish good relationship between countries, free trade between countries also increases. Furthermore, the flexibility of corporations to operate ac ross borders increases. This will ensure the company to run their business smoothly and without difficulties. 1.2.2 Disadvantages of globalisation Global marketing also have its disadvantages which is the difference of consumer response can be unpredictable. Some of the product might be selling fast and out of stock. Differences of consumer likes will cause the product to pile up and cannot be sold. Product that cannot be sold might go for a very cheap price and that might cause losses to the company. The disadvantage on internet marketing is when their product is promoted in the internet; they will have to compete with different type of brand and product development. Besides that, the disadvantages also include differences in consumer patterns such as needs and wants that is influence by their regional. Differences in legal concerns may also create conflict to the home market. Language barrier is a disadvantage on going global because different countries have their own languages and they might not understand English. There are also additional costs to set a website on the internet. Besides that, advertising and maintaining the website will also cost another sum of money. Another disadvantage on going global is the company will faces a lot of challenges and competitive environment. The company will face challenges from other brand that offer cheaper and quality product. Cultural problems are also a disadvantage for the globalization. This will endanger the age old cultures which have been followed religiously all over the world. There are many countries which would never agree when it comes to culture or religion. The influence of local cultures and tradition will slowly start to wear down when the migration become easy. Globalization will also increase the spread of diseases. Disease can be spread because of the increase in flow people. This will cause human to vulnerable to health issues. Conclusion is there is advantages and disadvantages of going global. http://www.newbalance.com/company/ http://www.newbalance.com/usa/#/factories http://www.buzzle.com/articles/advantages-of-globalization.html http://www.buzzle.com/articles/disadvantages-of-globalization.html

The Theme of Black Leadership in Invisible Man Essay -- Ralph Ellison,

     Ã‚   Ralph Ellison's interest in effective black leadership is directly reflected in Invisible Man. The characterization of Bledsoe in the beginning of the story is that of a ruthlessly self-serving black leader (McSweeny). In chapter five, a "mythic model" for black leadership is outlined in the eulogy of the founder of the college, which is given by Homer A. Barbee (McSweeny). While Invisible Man is residing in the apartment of Mary Rambo, she drills into his head the importance of leadership and responsibility. In chapter thirteen the anger of the crowd watching the eviction begins to rise, and as one onlooker observes that "All they need is a leader" (Ellison 274). These events lead to Invisible Man's first act of leadership when he delivers a spontaneous speech to the crowd. Invisible Man comes to realize that the fundamental problem confronting a potential black leader is the lack of an infrastructure (McSweeny). He states, "...we had no money, no intelligence apparatus, either in government, business or in labor unions; and no communications with our own people excep...

Shi Huang Di

He built new palaces to keep them content. Each of the new palaces were an exact copy of the ones they had to leave behind. He also divided the conquered land into 36 commentaries (areas), and commanded 3 officials to run each commandeer. They received orders from the emperor, and might be sacked if they did not obey. He also ordered citizens to give up all weapons to prevent rebellion. He then melted down these weapons and crafted them into giant statues to â€Å"scare away twelve giants†, which were set up outside his palace.In addition to all these changes, he also ordered the walls around towns and cities to be knocked down. Before Shih Hung Did unified China, each f the states used different kinds of measurements, language etc. So, to make things simpler, he set common standards. Everybody now had to use Gin weights and measures. They also had to use round one-ounce gold coins and half-ounce copper coins with holes in the middle, which were standard Gin money. However, th ese changes paled in comparison to the changes made to the written language.The prime minister at the time, Lie Is, was given the role to standardize all the characters of the language, as Chinese is written with characters that represent pictures and ideas, instead of the alphabet. Once he job was completed, the language was modernized and simplified into 3000 characters. He also set rules for handwriting so everybody that needed to write, such as scholars and government officials could communicate easily with each other. During the period of warring states, there weren't many roads.Even those roads were hard to go across since heavier carts created uneven ground on the soft earth. Many carts were damaged and got stuck in the roads. Shih Hung Did created a law so that all wheels and carts must be the same distance apart. He also built 5 major roads, which he named â€Å"speedways†. These speedways connected the capital with the northern, eastern and southern parts of the emp ire. During his 1 1 years of reign, Shih Hung Did built 6800 km of road. Meanwhile, in the eastern empire, the Romans only built 5984 km of road.When Shih Hung Did became the emperor of China (in 221 BC), all the rules of Gin became the rules of the entire empire. According to Gin law, everybody was responsible for each other's good behavior. And so, Shih Hung Did organized everybody into groups Of 10, and if anybody committed a crime in that family, they had to report it to the authorities, or they would get punished along with the wrongdoer. Not only that, but their father, mother, families, wife/husband and their family would also receive the same punishment.Therefore, lots of people would be punished just because one person committed a crime. Many Mongolia's, named Signing, lived to the north of the empire. They often attacked parts of the empire, so Shih Hung Did ordered many slaves to build the Great Wall. Although this original structure has not been kept in condition until t oday, a renovated version now stands in Beijing. This version follows much of the same route as Shih Hung Id's. Shih Hung Id's Great Wall was made of tightly sacked earth, which was reinforced by bamboo matting. Behind the wall stood watch towers-?3 every kilometer.An artist's impression of Shih Hung Did. None of the paintings of him at the time have survived, so this painting is based on written descriptions. Hero or Villain? Gave himself the new title of Shih Hung Did-?supreme ruler of China. He only ruled for dictator. L, Georgian Lounge will discuss both sides of the Story. Villain On the other hand, many people believe that Shih Hung Did was cruel and merciless. For one, he forced many citizens to become slaves to work on his major projects such as the Great Wall. Thousands died from hunger, exposure or ill-treatment.If they tried to rebel against him, or not follow his orders, he would kill captives publicly without a second thought. Shih Hung Did also increased taxes to pay f or materials that were used in his many projects (for example, his grave, or the Great Wall). These taxes were 20 times of their previous taxes. If the taxes were not paid, the family would all have to endure slave labor. He also took half of all the food that farmers grew as tax. This resulted in extreme poverty and hunger. As a result, many citizens turned to cannibalism, and millions died. Shih Hung Did also set many draconian laws.If these strict laws were not followed, depending on the severity of the crime, wrongdoers were set harsh punishments such as hard labor, mutilation of a person's body, being boiled alive, cut into two at the waist, torn apart by 4 horses, strangled or beheaded. In 213 BC, at a banquet hosted by Shih Hung Did, a scholar openly criticized Shih Hung Did. Shih Hung Did immediately ordered that all scholars could not criticize anything in the present or praise anything in the past. He also ordered all the scholars to hand their books to government official s. These were burned in a huge bonfire.However, some scholars still continued their ways. These scholars were found by the emperor and were executed. 460 scholars were presumably buried alive. According to an extract from SIAM Quinn's â€Å"Records of the Historian†, Shih Hung Did discouraged jobs such as scholars, thinkers and philosophers, because many of these people were against the king, and they could easily influence others to go against the king. In conclusion, Shih Hung Did could be considered a hero because he was the first man to have ever united China. However, his road to success can be perceived as a cruel and violent one, which is why some people think he is a villain.

Communication in the Workplace Essays

Communication in the Workplace Essays Communication in the Workplace Essay Communication in the Workplace Essay Module Code: PM 025 Class/Group: Group A Module Title: Contemporary Organisational Behaviour Assignment Title: Final Essay Assignment Title: Communication in the workplace Tutor Name: Frenie Antony Student ID Number: 2059591 Date of Submission: 21st Match 2013 Communication in the workplace The definition of communication is ‘a process in which information and its meaning (common understanding) is conveyed by a sender to receiver (s)’ (Rollinson and Broadfield, 2002:612, and Jones and George, 2011, cited in Antony and Macvicar, 2011:146). In Rollinson and Broadfield’s theory ‘meaning’ was more important than ‘information’, as long as both sender and receiver can understand the meaning of information, even the feedback is not necessarily in the communication ptocess. In addition, ‘The exchange of ideas and information is the lifeblood of any organization. ’ (Hodge and Johnson, 1970: 93). In the other words, communication for an organization is the same as the blood flow for human being. (Conrad and Poole, 2012:5). Furthermore, according to Hodge and Johnson (1970) and O’Reilly and Pondy (1979), Dekay (2012) communication shaped the organization by interaction the organization and its environment, as the result, communication maybe the only connection between the organization and outside world. Besides, The majority aim of communication was enhance the connection between different roles in the company and smooth the working processes (Smith and Davidson, 1991, cited in Smith 1991:22). Therefore, Williams’s and Smith and Davidson’s ideas might argue that the purpose of communication in the workplace was improving the work efficiency and finally increasing the profit. This essay will argue that barrier to communication in the organization may not only influence the further market expansion of company, but also push the company to the edge of bankrupt, as its can distortion the meaning of information during the communication process. Furthermore, this essay will mainly divided into two parts, first, indicate the communication processes in the organization and verify some barriers (power difference barrier, cultural diversity barrier, individual perception barrier and so on) during the communication processes, second, inspect three case study of different companies (Bernard Matthew farms, The Luxor Company, Exxon Mobil, BP, Shell and ChevronTexaco) which had conquered the communication barriers. Normally, there were three directions of communication in the workplace: ‘vertically’ (superior and subordinate), ‘laterally’ (horizontal), and ‘diagonally’ (Rollinson and Broadfield, 2002:627). Furthermore, the communication processes unsurely consisted of two parts, the sender and receiver (Williams 1991, cited Smith, 1991:120 and Hodge and Johnson, 1970:150, Rollinson and Broadfield, 2002:612). On one hand, sender wanted to transfer an idea, the idea needed to be ‘Encoded’, which means translated the message into general language. Then choosing a ‘Channel’, for instance, by e-mail, by telephone, put an advertisement and so on. After that, receiver received the massage from sender and they should try to ‘Decoded’ the message, which means the receiver should try to understand what sender’s meaning, at last gave respond (feedback) to the sender (Rollinson and Broadfield, 2002:617 and Buelens et al, 2011, cited in Antony and MacVicar, 2011:109). On the other hand, the barriers, which called ‘Noise’, existed during these six processes, and might lead to organization ‘communication collapses’, even worse, the bankrupt of company (Hodge and Johnson, 1970: 151). The barriers of communication often separated into two parts: ‘external barriers to the communication’ and ‘internal barriers to the communication’ (Williams 1991, cited in Smith, 1991:117, and Coulson-Thomas and Coulson-Thomas, 1997:267). To be more specific, first, external barrier often indicated as: neglect the extra message, ignore the importance of the information that processes it all followed by first-come-first-served rule, and slack to the responsibility (Williams 1991, cited in Smith, 1991:117). Second, there were five performance of internal barrier: first, could not find a need of communication, second, careless in understanding the information or tend to not correspond at all. Third, ‘Encoded’ problem, the sender introduce in professional way that make message unclear or the sender executed it in a wrong ‘channel’, the message could not receive by target customer. Fourth, the message might tamper during the transfer. Fifth, the personality might influence people’s understanding and acceptance of the message (ibid). The lack of communication might trigger a death for a company. For example, Bernard Matthews farms (the largest turkey supplier in the UK) started to lose reputation since 2005, because of the incident of unhealthy turkey for students in improve-school-meal program, then reached at the peak because of outbreak of bird flu and exposure of imported turkey from abroad, which against the idea of company. What was worse, Matthews never responded and defended themselves to the media in time (The Times 100, 2012). With reference to Williams’s (1991, cited in Smith, 1991:117) theory, the farm met one of the external communication barriers that the manager notice the problem they faced, however, took no respond of it. Before Matthews took any actions the company already lost 35% of selling in the UK, and it was standing on the edge of bankrupt (The Times 100, 2012). As mentioned above, the purpose of communication is to make organization work better and increasing the profit. With reference of Rollinson’s theory (2002: 617), during the improved communication processes, Bernard Matthews acted in three ways to simulate the internal stakeholders: formal written (weekly newsletters), electronic communication (company’s intranet site), and face to face communication. While Bernard also try to change external stakeholders’ attitude by: internet (four websites with different target customer) and social media (advertisement). These series of action offered high information richness which easily understood and accepted by both internal and external stakeholders, in addition, it rescued the Bernard Matthews farms from bankrupt to 9% annual increasing rate. To sum up, an effective communication, both internal and external, could help overcome the barriers and change the loss position. The communication could not only help company changing the loss position, but also make great effort for company’s further development. The Luxor Company (manufactures domestic and office furniture), which headquarters had 750 employees approximately and located in outskirts of Paris , for instance, increased dramatically in a short time that the CEO of company, Charles Binochet, realised everything seemed to be not working as smoothly as before. Furthermore, Charles believed that the rapid development would become a serious barrier when the next wave of market expansion coming (Rollinson and Broadfield, 2002:626). According to Williams (1991, sited in Smith, 1991:117), the barriers of the Luxor Company was external communication barriers, which means both the employers and the employees could not take care of the extra information, ignore the importance of the different information, and slack to the responsibility to the company. By hiring a consultant the Luxor Company solved problem of the lack of connection between production and marketing and no financial control system problem (Roillinson and Broadfield, 2002:626). However, the chaos of relations in the organization still existed. After some discussion, the Luxor tried to keep all of its in touch with company and its actions by provide the formal information which contained the high information richness (displayed four company’s situation chart which including ‘Number of employees’, ‘Output’, ‘investment in new plant and machinery’, and ‘New product lines added’) (ibid). Although the feedback of this action might come slowly and seldom, according to Roillinson and Broadfield (2002:612) as long as the receiver understood the information, feedback was less important in the communication. The charts, which might help employees to understand the company’s operation and their contribution to the company, leaded to hard working performance of employees (Roillinson and Broadfield, 2002:626). As a result, it improved communication with company and employees that not only improved the employees’ motivation but also might offer a significant assistant in company’s next expansion. Many multinational corporations had the same communication barriers as the Luxor Company, during the processes of taking collaborative advantage (Hansen and Nohria, 2004: 22). Nowadays, increasing international competition lead the company, for instance, Exxon Mobil, BP, Shell and ChevronTexaco (multinational corporations) were losing their dominant position than before. To recover the position and to increase the profit, they were willing to seek a new source, where collaboration might work, to increase the competitive advantage (ibid). Hansen and Nohria (2004:23) claimed that collaboration had several benefits: decreased the cost, better decision making, increased the revenue, be more creative, and enhanced the connection with its subsidiaries. During the processes of taking collaborative advantage, there was a significant barrier called: ‘Inability to work together and transfer knowledge’, which Hansen and Nohria considered it as a communication barrier (ibid). The employees from different subsidiaries which belonged to different countries, suffering the language barrier (language different) and intercultural barrier (message changed because of local culture) (ibid). According to Williams (1991, cited in Smith, 1991:117), the MNCs often had external communication barriers, which indicated as personality (culture different) influence the understanding and acceptance of the message and the message had been distorted (translate language) during the transfer. After a survey from supervisors, the companies decided to operate two actions to encourage the communication: First, setting an international standard of technologies words to conquer the communication. Second, setting an employee-exchange-program that employee could understand the culture different and improve the work efficiency. With reference to Rollinson and Broadfield (2002:617) theory, the first solution settled the encode and decode barriers, while second solution was choosing the ‘channel’, which was exchanged the employees to other subsidiaries, to increase the understanding and to solve the distortion barriers. To conclude, this essay has identified the communication in the workplace which included the communication barriers in the organization and purpose of communication, follow with three case studies about communication barriers, which including first, Bernard Matthews farms developed internal and external stakeholder by communication to rescue the loss position, second, the Luxor Company’s communicational-bias-further-development, third, communication helped multinational corporations to develop collaborative. As a result, communication in the workplace is critical important. However, the limitation of this essay still existed, the communication barriers identified not enough in this essay and the case study of this essay might be fewer representatives of the communication barriers. Words: 1616 Reference Antony, F. and MacVicar, A. (2011). Contemporary Organisation Behaviour. New York: McGraw-Hill. Argyris, Chris (1994). Good Communication That Block Leaning. Harvard Business Review, July-August, 1994, 77-85. Conrad, C. C. and Poole, M. S. (2012). Strategic Organizational Communication: In a Global Economy. U. K. : John Wiley and Sons. Coulson-Thomas, C. (1997). The Future of the Organization: Achieving Excellence through Business Transformation. London: Kogan Page. Dekay, S. H. (2012). Interpersonal communication in the workplace: A Largely Unexplored Region. Business Communication Quarterly, 75 (4), 449-452. Hansen, M. T. and Nohria, N. (2004), How to Build Collaborative Advantage. MIT Sloan Management Review, Fall, 46, 1, 22-30, 2004. Hodge, B. J. and Johnson, H. J. (1970). Management and Organizational Behavior: A Multidimensional Approach. United States of America: John Wiley and Sons. O’Reilly, C. A. and Pondy, L. R. (1979). Organizational Communication. Columbus HO: Grid Rollinson, D. with Broadfield, A. (2002). Organisational Behaviour and Analysis: An Integrated Approach. London: Pearson Education. Smith, M. (1991). Analysing Organization Behavior. London: Macmillan Education. The Times 100 Business Case Studies. (2012). Communication with stakeholders: A Bernard Matthews case study. Retrieved October 28th, 2012 from: http://businesscasestudies. co. uk/bernard-matthews /communicating-with-stakeholders/

How to Use In, An or Auf Properly

How to Use In, An or Auf Properly Although German is a straightforward language once you learn the rules, you cant always directly translate every word from English. In fact, the more you study some words, the more confusing they may become. Three German prepositions, in particular, can be tricky for beginners: in, an and auf.   What Is a Preposition? A preposition is a word that is typically paired with a noun (or pronoun, like he or she) that helps you understand that words relationship to another part of the sentence. For example, prepositions can refer to the nouns position in space or time. Like put your feet  under  the table, or go shopping  after  class. But many English prepositions have different meanings. Under can be below, but it can also mean less than. Some prepositions are colloquial or you just have to memorize them, like get down with.   The same goes for German. You can memorize the meanings of the prepositions, but not all will be a direct translation of the English counterpart.   These are all two-way prepositions, meaning the noun/pronoun that follows this  preposition  will be conjugated in the accusative (if it is used to express motion/action, like I walk into the store) or dative (if it is used to express a location or position, like I stand in the street). In English, the preposition does not change the noun/pronoun it precedes.   In Means: in, into, to Examples: Ich stehe in der Straße. (I stand in the street.) Die Frau ist in der Universitt. (The woman is in the university, as in she is physically inside the university building. If you want to say you are enrolled in the university, you say, an der  Universitt, as in at the university. See below.)   An Means: at, to, up next to   Examples: Ich sitze an dem Tisch. (I am sitting at the table.) Die Frau ist  an der  Tankstelle. (The woman is at the gas station, as in she is literally standing up next to the vertical gas pump. It can be helpful to think about a side-by-side, vertical encounter to remember when to use an as in up next to.)   Auf Means: on, on top of Examples: Die Backerei ist auf der Hauptstraße. (The bakery is on the main street.) Die Frau ist  auf  der Bank. (The woman is on the bench, as in she is literally sitting on top of the horizontal bench. A horizontal encounter is often key for auf.)   Other Considerations Some verbs come standard with a preposition. Think about hang out or hang up in English; the preposition is an important component of the verb that actually changes the meaning of it.

PMI analysis Essay Example | Topics and Well Written Essays - 250 words - 3

PMI analysis - Essay Example Another negative thing I learnt is that life is filled with things that try to reduce our success. E.g. economic recession, business competition and sickness. Trust and cooperation are the most important things that leaders use to make their employees feel sale. Unfortunately, these are feelings, and not everyone has them. Simon gives a story of captain Williams, who ran through bullets in an ambush to save lives. It is not often that we meet people who are willing to endanger their lives to save others. It is interesting also to note that great leaders are always willing to sacrifice the numbers to save the people. As much as they are concerned about making profit they are equally concerned about the people under their leadership. Great leaders can also make people safe, and this improves overall productivity within the organization. Trust and cooperation are very important aspects that every employee should possess. However, trust and cooperation are not instructions but rather feelings. It will take the actions of a great leader to make people under his leadership feel safe and in turn wins their trust and

The software process models Essay Example | Topics and Well Written Essays - 1000 words

The software process models - Essay Example The requirements are based on system functionalities and roles and so would not undergo any change with time. b) The requirement capturing process for the user interface is an on-going process as a few of the requirements are subjected to change with availability of measures such as skill level of users, type of interface access methodologies, compliance with technological advancements, etc. The model is generally used in small, simple throwaway projects with output as short lived demos, proof-of-concept or prototypes. No separate planning, risk assessment, designing, building, testing phases are required. The administrative system in AILS requires thorough gathering of requirements, understanding the working of existing processes and workflows and data accessing details for integration with the interface which the model fails to provide. For the user interface however, the model can be used the requirement of gaining user satisfaction. Interface can be made and tested; missing or ambiguous portions can be identified and fixed in the next build till a workable interface is achieved. In the AILS administrative system, the requirements necessitate the need of completely capturing of fixed requirements and functionalities to produce a complete product as deliverable. Therefore, the model seems to be appropriate for the task. Spiral model employs risk management approach, an essential requirement in the large mission-critical projects, where reusable, high quality versions of software are delivered before the requirements change again. For the user interface, applying the model would produce a workable solution but with an overhead of unnecessary risk analysis. User interface is not a critical task and therefore does not require extensive risk analysis. For the user interface, the model can be applied owing to the varying scope and requirements. An initial role based interface, accessing data may be developed and tested.