Monday, May 25, 2020

Enhancing Cultural Interactions and Removing...

Introduction Since the development of technology, travelling and communication has become extremely easy and common. Interaction with anyone from any part of the world is possible at anytime from anywhere. Cell phones, internet, television and other technological devices allow us to interact and communicate with the whole world with just a click of a button. Because of these rapid technological advancements, we can now understand and interact with people from various cultures and backgrounds. Even before we meet any foreigner, we have an idea of how his/her culture is how people are in his/her country. That makes us assume and preconceive some notions as a result of which we interact accordingly. Electronic interaction is quite different from face to face interaction which is the reason why sometimes, people assume some features about various cultures. The information provided to us by the media is not correct always and obviously, every person is not the same. Therefore, culturally, we can say that cultural differences make it difficult for us to interact with other people from different cultures at times especially, due to the fact that we have created a cultural image of each respective culture. In order to understand this whole debate, we must at first understand what the definition of culture is. Culture is derived from the Latin word cultura which means cultivation. The term culture was first used in its actual sense in the 18th and 19th centuries in EuropeShow MoreRelatedGoogle Organizational Culture9872 Words   |  40 Pages 2010 ISSN 1549-3652  © 2010 Science Publications Cultural Issues in the Business World: An Anthropological Perspective Michael P. Lillis and Robert Guang Tian Department of Business, Medaille College, New York Abstract: The significance of cultural influence on business has been widely recognized in both academic and business circles. A number of authors suggest that an anthropological approach is the most appropriate way to study cultural factors and assess their impact on an organizationalRead MoreA Study on Enhanced Employee Performance Through Soft Skills20707 Words   |  83 Pagescharacterize relationships with other people. Hard skills (part of a persons IQ), are the traits which are the occupational requirements of a job and many other activities whereas soft skills are personal attributes that enhance an individuals interactions, job performance and career prospects. Distinction Between Hard Skills Soft Skills: A distinction needs to be maintained between soft skills and hard skills. While hard skills refer to technical and academic skills, soft skills refer to wide-rangingRead MoreAll About Peace Education13195 Words   |  53 Pagesprogressive societies. The promotion of peace through education is at the heart of UNESCO’s mission. As stated in its constitution of 1945, UNESCO advances international peace and the common welfare of humanity through educational, scientific and cultural relations between peoples of the world. 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A Worldwide recognition of the environment as an influencing variable and government attempts to draw back from environmental 6 MBA –H4010 Organisational Development And Change calamity. There are legal, cultural and socio-economic implications in realizing that resource use and allocation have finite limits and that global solutions to ozone depletion, toxic waste dumping, raw material depletion, and other environmental concerns will force change on organizationsRead MoreRole of Communication Employee Involvement in the Process of an Organizational Change23165 Words   |  93 PagesObjectives of OD Mullins (2002) describes the main objectives of OD include: * Increasing the level of trust among organizational numbers; * Allowing problems to be confronted and solved by the people involved rather than being ignored; * Enhancing openness f communication between and within the groups; * Increasing the level of individual and group responsibility for problem solving and improvement. 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Thursday, May 14, 2020

Monetary And Sustainable Development Uk Governments Have...

Macro-economic policy is designed to achieve the aims of full employment, stable prices and sustainable development. In order to achieve them, policies and targets are set by governments. These policies are mainly monetary and fiscal. In this essay, I will examine the aims and policy objectives which UK governments have pursued from the credit crunch of 2008 up to the present time. The credit crunch in 2008 was caused by irresponsible mortgage lending by banks. High-risk loans were made to people who were at considerable risk of not being able to repay them. These loans were then packaged together and sold on in to the investment market. Investors bought the safer tranches because they trusted the triple-A credit ratings assigned by†¦show more content†¦The stock market had a frantic time in the month from September 29th 2008, as shares decreased hugely in value. The economy was pushed in to recession. How did the UK government response to this global crisis? From 2007 to 2010 the Labour government was in power. Gordon Brown was the PM and Alistair Darling the Chancellor of the Exchequer. The labour government applied Keynesian economic theory to stimulate the economy. This would allow citizens to have more money to spend and help generate economy recovery. Interest rates were a key weapon in the fight. Between May 2008 and April 2009 UK bank base rate was reduced from 5% to 0.5% (where it has remained ever since). The government wanted to encourage the population to spend more by reducing the cost of borrowing. Between March and November 2009 the bank of England purchased  £200 billion of financial assets from UK banks, using newly created money . This so-called â€Å"quantitative easing† was designed to give banks more money to inject in to the economy. The Labour government also applied fiscal policy to the problem. They continued to run a large budget deficit. They also applied fiscal stimulus. In particular, they cut VAT in November 2008 to give the population more money to spend. The Labour government also effectively nationalised two major UK banks (HBOS and Royal Bank of Scotland) after their discovered how vulnerable these banks had

Wednesday, May 6, 2020

Analysis Of Animal Farm By George Oswell - 1094 Words

Animal Farm is a story written by George Oswell and is an amusing but heartbreaking mockery on the dominance of Soviet communism and the Russian revolution in the form of a fairy tale featuring animals who can talk, walk and live amongst each other trying to survive day to day struggles of life on the farm in which the animals live. The setting of the story takes place in England in a field where the close knit group of animal’s rebel against their owner Mr. Jones and forge an extraordinary attack against Manor Farm which they rename to â€Å"Animal Farm†, they go on to destroy everything that reminded them of Mr. Jones but sadly their hopes of bringing betterment to their lives, egalitarianism will soon be thwarted as a pig designated as the†¦show more content†¦Napoleon concocts a plan to get rid of Snowball so that only he would be in charge of the farm allowing him full control over the animals, he first makes everyone believe that Snowball stole the idea of building a windmill from Napoleon when in fact it was Snowball’s idea. Later in the fall, Jones and his men return to Animal Farm and attempt to retake it. Thanks to the tactics of Snowball, the animals defeat Jones in what thereafter becomes known as The Battle of the Cowshed. Winter arrives, and Mollie, a vain horse concerned only with ribbons and sugar, is lured off the farm by another human. Snowball begins drawing plans for a windmill, which will provide electricity and thereby give the animals more leisure time, but Napoleon vehemently opposes such a plan on the grounds that building the windmill will allow them less time for producing food. On the Sunday that the pigs offer the windmill to the animals for a vote, Napoleon summons a pack of ferocious dogs, who chase Snowball off the farm forever. Napoleon announces that there will be no further debates; he also tells them that the windmill will be built after all and lies that it was his own idea, stolen by Snowball. For the rest of the novel, Napoleon uses Snowball as a scapegoat on whom he blame s all of the animals hardships. Napoleon s lust for power increases to the point where he becomes a totalitarian dictator, forcing confessions from innocent animals and having

Tuesday, May 5, 2020

International Letters of Social and Humanistic †MyAssignmenthelp

Question: Discuss about the International Letters of Social and Humanistic. Answer: Introduction: The company is having its competitors inBiotronik; Boston Scientific; Medtronic; Ela Medical. The competitors are available with the devices with variety of approaches and many of its competitors are settled with merging and acquisition approach. The competitors are differentiated based on their products and the size of the product, implantation process, programming, product life and the varied software and hardware process. The threat of the new entrants can be fulfilled by the price strategy, which can discourage the entry of the entrants and the expensive investment that is required to manage the production of the product. Arelation is needed to be builtwith the suppliers in order to access the product design and material. The process of meeting the strict standards of the governments including the testing and quality standards can stand out to be a threat for the new entrants and for Aurora. Along with the threat of the competitors product which affect the sales of Aurora, the substitutes which are available for the same treatment are transcutaneous pacing anti-arrhythmic drugs which are preferred by the patients to take medication in place of doing implantation. The technological conventions such as the ICD, which are generated due to the changes in the culture, have also brought about changes and variedness in the customer preferences. The company reports the sales of its product per unit is $18750 which is relatively less as compared to its competitors. The buyers serve with the power of bargaining are highly affecting for the industry and the company as well. The choice of therapeutic approach depends completely over the patients and the physicians preference that will be providing with the treatment. Consumers are price focused along with the quality, size and company reputation. The option is upto the customers to decide that they need implantation or medication (Burton et al. 2015). Bargaining Power of Suppliers The company had less number of suppliers with respect to its core components supplies such as titanium, battery, cardio version. Small number of specialist companies designs these core components. Overall, the suppliers are common for all the products. Due to less suppliers in 2016 Aurora faced shortages of micro controller which is used in ACCUTRON, when the tsunami destroyed the Freescale production factory which was responsible to supply materials for devices. After building and designing, the products are undergone by the designing, testing and quality standards that are regulated by the government. The product is introduced to the market for the patients of ECG and is programmed accordingly to analyse various arrhythmias. The company focuses towards achieving overall cost leadership in the industry by producing low cost product with high availability of its product in the market. As compared to its competitors mainly the government companies, who sell the product at a range starting from $12000,the ACCUTRON is sold at $18750 per unit. The company built its devices in a complete clean room environment under microscope. These devices are handmade and are made by the help of trained facility. Among the private companies, it provides its product with less price and best offered quality. The workers who are trained make the products and development programmes for 6 months. The price is relatively low as compared to its competitors because of the researches that are taken place within the organizations production process. The investing amount for Aurora is over USD 650 million just for the training and development programmes. This stands out as the manufacturing price of per unit product as $7685. The company must ensure that product differentiation and brand loyalty had to be secured in order to gain competitive advantage as the consumers are primarily focused on the price, quality and reputation of the company product (Meihamiand Meihami2014). The company Aurora needs to primarily focus on its technological interventions and be reliant on its suppliers to increase the production and maintain the production of ACCUTRON smoothly, as it cannot affect the production per unit. The supplier, if changed, can be an issue as it changes the overall process of the product as such, revalidation, reprogramming and regulatory review of the new devices. The Accturon is in the growth phase of its market life cycle as the demand of the product is gradually increasing in the market. The constant rise in the development of the product as a trusted one and the gradual rise in the number of patients preferring the pacemaker to the medicinal substitutes and the treatment of the disease. The manufacturing company of Aurora has boasted of a constant increase in the sales of the product since its introduction to the market. The various aspect further boosting the sales of the ICD in Australia is the gradual increase in the number of the people with cardiac condition. It is estimated that that the number of the cardiac patients in the country will continue to rise leading to the increase in the sale of the ICD devices in the country (Dennekampet al. 2015). Majority of the people suffering heart conditions tend to prefer pacemakers to antiarrhythmic drugs as they have a large number of side effects including the worsening of their cardiac condi tion. The ICD on the contrary eases the process and it can be controlled remotely if it is causing any trouble to the patient. One of the major reasons of the success of the product is its pricing in the market. There are a number of factors affecting the market when the consumers decide to buy an important product such as the pacemaker, and their lives depend on it (Mond and Crozier 2015). The major reason for its success is the fact that the patients trust the brand and its price is competitive against the wide array of the other products available. The different aspects relating to the marketing issues related to the company include the production capacity of the organization. It is seen that the product sold extensively since its advent into the market till 2015 and there was a gradual decline in the books of sales for the following two years. Contrary to the popular belief the cause of the decline in the sales was not the lack of the popularity of the product but the lack of the raw materials to assemble the products. The product was dependent on the Japanese company Freescale to manufacture a number of microcontrollers that were to be used in the device. The destruction of the company due to the tsunami stopped the supply of the microcontrollers which were necessary for the manufacture of the ICD devices. This loss forced Aurora to include a number of different changes in the devices which included a number of programming and the structural changes. The programming and the structural changes made the production process to lag behind and the sales fell. The sales therefore do not show the true demand of the product in the market as the factory was lackin g the production to meet the market demand. The company is therefore placed in the growing sector of the different companies manufacturing the ICDs. The various types of the pacemaker available in the market are differently priced and based on the pricing and the build quality Aurora provides an affordable option with all the major technological hardware and the latest facilities. The pricing is one of the major reasons whythe product is quite successful. The cost of production shows that the company gains a fair share of the selling price as their profit. The overall growth of the market share of the organization along with the increasing number of patients opting for the affordable option for the long-term medication of the cardiac disorders has led to the success of this company and its growth. Strategic management in a business unit is the policies and decisions that are taken by the company in order to organize the planning and the operations of the business. The product that Aurora has to offer is an ICD instrument (Hill et al. 2014). Following are a few points that the management of the Aurora should consider while making policies: Research and Development Boost: As the product that the company have is based on technology and is for a patient who is under life threatening condition, focus should be on improving the product so that the cost of product can be reduced at the same time per unit cost of the item will also reduce this will allow the company to cater to a larger customer group. Though the insurance coverage of the public includes the cost of the process. The focus of the company should be in the short run on research investment and on manufacturing investment. CSR- Every organization is focused on sustainable development and Aurora is a company that deals with sensitive cases for their business prospect. To balance the situation the company should include corporate social responsibility as a part of their business model to help people who will not be able to recover even with the help of the equipment. The company can come up with strategies in order to help the people and to help the society (Stead and Stead 2017). Reduction of Manufacturing Cost: the manufacturing process of the equipment is high as the materials that are used in manufacturing are also expensive hence the company should focus in reduction of the labor cost by setting up units in countries where the cost of labor is low. This will help the company in reducing the price of the equipment even further. Though the company has advantage in the price category but this will also help the company in the future prospects. Diversification in the Product Line: there are other instruments that are used in the recovery of a patient these are some of the diversification option for the company. For example: manufacturing of mechanical limbs for the ones who require amputation. There are also many equipments that are required in the medical field the company should slowly proceed to expand the product line of the company. This can be a long term strategy of the organization and the process can be achieved with the help of recruiting scientists and more employees to support the diversification process. The management must come up with small goals and take calculative steps in diversification (Rothaermel 2015). Promotion and Sales: The Company can incorporate the process of direct selling with the help of representative like the medicine companies, the organization can have representative talk to the surgeons and the physicians talk about the design and the unique features of the products. There can be traditional advertisements in the hospitals and medical magazines. This will help the company build a brand value and will help in securing their place in the market. The company can request and present the qualities of the product with the researcher who are working in this field to include the name of the product in their paper which may have the potential to be published in medical journals (Huang andSarigll 2014). Brand Image: The company has to work upon building a brand image so that they have a recall value as they do not sell items directly to the user it is difficult to establish an image like any other companies do but with the help of strategic communication and promotional process the organization should work towards building an image of an innovative organization that cares for the patients (Wheelenet al. 2017). Reference Burton, S.A., Amir, N., Asbury, A., Lange, A. and Hardinger, K.L., 2015. Treatment of antibody?mediated rejection in renal transplant patients: a clinical practice survey.Clinical transplantation,29(2), pp.118-123. Dennekamp, M., Straney, L.D., Erbas, B., Abramson, M.J., Keywood, M., Smith, K., Sim, M.R., Glass, D.C., Del Monaco, A., Haikerwal, A. and Tonkin, A.M., 2015. Forest fire smoke exposures and out-of-hospital cardiac arrests in Melbourne, Australia: a case-crossover study.Environmental health perspectives,123(10), p.959. Hill, C.W., Jones, G.R. and Schilling, M.A., 2014.Strategic management: theory: an integrated approach. Cengage Learning. Huang, R. and Sarigll, E., 2014. How brand awareness relates to market outcome, brand equity, and the marketing mix. InFashion Branding and Consumer Behaviors(pp. 113-132). Springer, New York, NY. Meihami, B. and Meihami, H., 2014. Knowledge Management a way to gain a competitive advantage in firms (evidence of manufacturing companies).International letters of social and humanistic sciences,3, pp.80-91. Mond, H.G. and Crozier, I., 2015. The Australian and New Zealand cardiac pacemaker and implantable cardioverter-defibrillator survey: calendar year 2013.Heart, Lung and Circulation,24(3), pp.291-297. Rothaermel, F.T., 2015.Strategic management. McGraw-Hill Education. Stead, J.G. and Stead, W.E., 2017.Sustainable strategic management. Routledge. Wheelen, T.L., Hunger, J.D., Hoffman, A.N. and Bamford, C.E., 2017.Strategic management and business policy. pearson.