Thursday, December 26, 2019
How Much College Loan is Too Much Free Essay Example, 1000 words
The paper presents one of the proofs that college students take too much debt that is clear from the economic perspective. The recent drag in economic growth goes along with an increase in student debt levels. The effects of this drag and the debt are likely to be felt/ experienced in the future. An example of such effect is witnessed when the graduates join the workforce. Instead of using their money to sustain a happy family or save for retirement benefits, the graduates spend loads of their salaries paying the debts. As a result, the final value of their retirement value reduces greatly. As a result, a graduate might find it hard to leave their parents homes thus creating a drag in the household formation. Policymakers have come up with proposals which serve as alternatives to the student s tuition problem, though they are not solutions, they help bring a less indebted generation of students and also minimize the negative consequences. Among the proposals, is that apart from the basic education provided by the college programs, lecturers should also incorporate education about borrowing money for college students. We will write a custom essay sample on How Much College Loan is Too Much or any topic specifically for you Only $17.96 $11.86/page
Tuesday, December 17, 2019
Achieving Success Of Education And Career - 1539 Words
To achieve success in education and career one must be dedicated and committed to our goals. You must have a clear objective what the goals are and have the proper plan to accomplish your success. Dedication with the proper approach will certainly bring success both in your education and career goals. Just wishing your goals will not bring you success, you must have a desire, the eagerness and driving force to be successful. You must make sacrifices and have a plan in mind. The first part of the plan is to create a goal for you. After that, you need to set a time frame to accomplish the task, then everyday work toward it. You must put in a great effort and work hard to create success in your education and career paths and once you achieve it you must create an environment to maintain it. A successful person chooses goals to achieve something that is of great value and importance to them. This in turn motivates the person to achieve the goal because when the desired outcome is very important to a person, that person will be determined to persevere. Goal setting also improves a person s organizational and time management skills because goal setting requires prioritization and that leads to the successful and sequential completion of necessary tasks. Once a person defines and prioritizes goals a plan should be drawn out detailing how this goal will be achieved. Goals and the time-line for their completion should be clearly defined, it is also important that a person sShow MoreRelatedEssay on Professional Care Action Plan1534 Words à |à 7 PagesProfessional Career Action Plan Renika Johnson HCS/449 October 22, 2012 Urmi Bhaumik Professional Career Action Plan The professional career action plan gives in details my career goals, rather than the personal goals. 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Monday, December 9, 2019
Emotional Development and Intelligence Management
Question: Discuss about the Emotional Development and Intelligence Management. Answer: Background Organizational Learning is always related to some type of change during the process and many a times the change could be a continual process. Change could involve emotional aspects which are not addressed in a generic context. In this article, the Author, Peter Jordan has explored four main branches emotional intelligence, emotional awareness, emotional facilitation and emotional knowledge related to the emotional regulation in order to identify the relation between organizational learning and emotional intelligence. Aim The aim of the literature review is to produce a report on dealing with Organizational Change with relation to identify the relation between organizational learning and emotional intelligence. The main purpose of this article was also to highlight the importance of taking into account all the emotions which can affect the organizational change and also to offer the Management various methods in which they can address these issues by relating the emotional intelligence abilities (Mayer Salovey 1997). In this regard we would analyse whether Emotional Intelligence would have an impact on the behaviour of the Employees and Managers during the Organizational Change Will there be any implications for the Managers (Mossholder, Settoon,Armenakis Harris 2000) Methodology The Literature Review was conducted by using the standard practices which are useful for conducting a systematic approach by using various sources of data including the research performed by the various Researchers in the fields of Psychology and Emotional Intelligence. Argument and Analysis Peter Jordan has focussed on Organizational Change which has become a constant need for the organizational enhancement in terms of learning. The ability of the Organization to deal with change is also a competitive advantage as per Skinner, Saunder and Thornhill (2002). The Author has conducted an advanced research that change is a process which is emotional and it involves a series of emotions and feelings in the individuals who undergo that specific process. Any type of change requires a micro level management at all stages. Peter has also combined the works of Ashton James Jordan 2004 and Antonacopoulou Gabriel 2001 in terms of conducting research on emotional aspects of a change process. From the works considered, Peter, has highlighted that the Writers have identified that there are emotional consequences involved in an Organizational change process however there is not much research available related to the emotional skills which are required to manage the organizational change in a successful way. There are some writers who have identified ways in which social support could be provided in order to make the change process a lot smoother however it was noticed that this process has seemed like it was a reaction to the issue which existed than a method which could enable the change (Sheehan Jordan 2003). The Author made a smooth transition from the fact of highlighting emotions in the context of organizational change to the impact of emotions on organizational behaviour. Peter has supported his views with those of Ashkanasy Zerbe (2000). The reason behind choosing the above mentioned fact for the research is that the construct of emotional intelligence has been advanced in the recent years and it has provided a edge to the understanding of various aspects of organizational behaviour (Mayer, Salovey Caruso 2000). Strengths Emotional intelligence comes from the understanding of the relationships between people in any context where it could be relationships in life and relationships at work. If a person is balanced and portrays a genuine feeling towards the others he tends to develop a greater level of emotional understanding towards the others (Jordan Troth 2002). These facts have been proven on the basis of a theoretical understanding which is also in agreement with the other emotional intelligence scholars. Individuals with higher levels of emotional intelligence are more effective in terms of managing change than those individuals with lower levels of emotional intellect. These facts were not tested on the individuals in an empirical way by the Emotional Scholars however; Peter has proven an advanced level of research by proving the type of skills which an individual will develop as a result of being emotional intellectual at a higher level. By conducting such a research a thorough empirical investigation is possible in order to conduct an analysis for managing the change in the Organizations. Peter has treated emotion as a force which has to be managed in any Organization during any type of a change implementation. This could be treated as a psychological and sociological approach. Change is proposed only to go for an innovation of a product or a service in order to target an overall growth of the Organization. If the change proposed is tested at this micro point the effects which it would propose at a later stage can also be assessed a head of time which would in turn motivate the Employees to be prepared for change. The recent research which was done on the emotions at a work place include emotions related to emotional intelligence, emotional labour, emotional expressions of various aspects at a work place and organizational culture related issues (Morris Feldman 1996). The emotions which drive the organizational change were also categorised as impulsive behaviour related decisions, people behavioural issues, continuous efforts which were being placed on changing peoples behaviours and work place ethic related issues. These issues have contributed to an extensive research on the impact of the organizational change. In order to support this aspect of the research, Peter has considered the viewpoints of Mayer and Salovey (1997), where they have explained various aspects of emotional intelligence can be related to the behavioural types which can support the learning in an organization. The research was meant to be based on indicating the type of skills which a highly emotional and an intellectual individual would draw and the research was meant to examine the implications for managing change. The disadvantage of the research was it was not streamlined and it did not have a proper structure where it missed out on drawing the skills in specific. Senge (1992) has emphasized on the fact the Organizations are in strong need to get their Employees improve their skills and abilities which comprise of the emotional awareness, emotional intelligence, emotional policies and emotional knowledge. Such statements have been proved with the basis of an example like responding or reacting to a specific situation involves the individuals emotions at that point in time. It is at this point where the person tends to improvise himself by controlling his emotions. By being aware of such emotions the person experiences and expresses the need to be able to speak out his emotions and any of the situations he has been experiencing. There is a thin line of difference which has been highlighted in the journal that a person would be able to be aware of his emotions and would be able to differentiate between the appropriate and inappropriate expressions. Emotional stability is the way in which a person can use his emotions sparingly and can also prioritize on deciding the important of all emotions to exercise. Weaknesses and Recommendations The concepts were a lot based on emotional knowledge and its components where good focus was given to the original lay out of the research where it has intended to be based on drawing out the relation between organizational learning and emotional intelligence. The writer could have elaborated on the skills which are required for a person to be emotionally strong and decide which of them could be enhanced by applying self learning in order to be able to transition through the change process. Conclusion In spite of most of the research work conducted there are good no. of discussions which take place in order to understand the role of emotions through change. Most of the change processes invite negative outcomes and to curb this type of an experience, the Organizations should empower their employees to participate in more of organizational growth events which can motivate them towards a better performance. References Mayer, J. Salovey, P. (1997). What is emotional intelligence, in P Salovey D. Sluyter (eds)., Emotional Development and Emotional Intelligence: Implications for Educators, basic Books, New York, PP 3 31. Mayer,J D. Salovey, P. Caruso, DR. (2000). Competing Models of Emotional Intelligence, in R Sternberg (ed)., Handbook of Intelligence, Cambridge, New York, PP 396 420 Ashkanasy, NM. Ashton J. CE Jordan, PJ. (2004). Performance impacts of appraisal and coping with stress in the workplace settings: The role of affect and emotional intelligence, in PL Perrewe DC Ganster (eds), Emotional and Psychological Processes and Positive Intervention Strategies, Vol 3, PP 1 43 Floyd, P. (2002). Organizational Change, Capstone, Oxford Senge, P. (1992). The Fifth Discipline, Random House, Milsons Print Sheehan, M. Jordan, PJ. (2000). The antecedents and implications of workplace bullying : A bounded emotionality analysis, paper presented at the Annual Conference of the Association Francophone de Gestion des Resources Humaines Internationalisation of HRM, Paris, November Skinner,D. Saunder, MNK. and Thornhill, A. (2002). Human Resource Management in a changing world, Strategic Change, 11 (7), 341 345 Wong, C. Law, KS. (2002). The effects of leader and follower emotional intelligence on performance and attitude : An exploratory study, Leadership Quarterly, 13(3), 243 274
Monday, December 2, 2019
Panama Canal Essays - Macro-engineering, Panama Canal,
Panama Canal In 1825, a group of American businesspeople announced the formation of a canal building company, with interests in constructing a canal system across the Isthmus. This project was to take place in an area now called Panama. The endeavor was filled with controversy. Though the canal itself was not built until the early 1900's every step toward the building and ownership, was saturated with difficulty. Walter LaFeber illustrates the dilemmas in a historical analysis. In his work he states five questions that address the significance of the Panama Canal to United States. This paper will discuss the historical perspective of the book's author, address pertinent three questions and give a critique of LaFeber's work, The Panama Canal. For proper historical analysis one must understand the importance of the Canal. The Panama Canal and the Canal Zone (the immediate area surrounding the Canal) are important areas used for trade. Even before the canal was built there were to large ports on both sides of the Isthmus. Large amounts of cargo passed through the Isthmus by a railroad that connected the two ports. The most important cargo was the gold mined in California before the transcontinental railroad was completed in the United States. It has strategic significance because of its location, acting as a gateway connecting the Pacific and Atlantic oceans. This allows for rapid naval deployment between fleets in either ocean. These two facets make the Panama Canal very important in the region. LaFeber notes that Panamanian nationalism played a large role in the creation of the canal and, consequently, the cause for the area's constant instability. The first expression occurred in the late 1800's with Panamanian struggle for independence from Columbia. The United States eager to build the canal, and control its operation, used and backed Panamanian nationalist. During the Roosevelt administration, not only did the United States manipulate factors isolating Panama from other world powers through the Monroe Doctrine; but it committed troops aiding the revolutionaries against another sovereign state. The reason this is a surprise is because the Roosevelt administration normally held a position favoring stability. The United States had no legal right to use force against Columbia. Nationalism came back to haunt the United States. With the treaty signed and a 99-year lease given to the United States, the Canal was built. Since then, the United States has varied on its stance of ownership and the principles of sovereignty concerning the Canal. The ever persistent debate of who owns the Canal and who should have sovereign control over it, has not been solved. The United States has occasionally attempted to "claim" the Canal zone through various methods such as military occupation, exclusion of Panamanians for important jobs in Canal operations and even through the customary aspect of international law. However, each time the Panamanians have managed to maintain claim to the Canal despite the United State's imperialistic posturing to get it. The most recent and notorious of the United States' attempts to annex the Canal Zone was during the Reagan administration. President Reagan said that the Canal Zone could be equated as a sovereign territory equal to that of Alaska. The question here is, was he correct? LaFeber points out that, "the United States does not own the Zone or enjoy all sovereign rights in it." He uses the treaty of 1936 in Article III that states, "The Canal Zone is the territory of the Republic of Panama under the jurisdiction of the United States." The entire topic was summed up neatly by Ellsworth Bunker, a negotiator in the region, when he said, "We bought Louisiana; we bought Alaska. In Panama we bought not territory, but rights." A second important question, is the Canal a vital interest to the United States? LaFeber gives three points suggesting that it is not. First, the importance of the Canal decreased after 1974, because of the end of the Vietnam War and all related military traffic ceased. Second, is the age of the antique machinery dating back to 1914. Inevitably the machinery will need to be replaced. Lastly, the size of the new tankers and cargo ships. The capacity of the canal is too small to handle such a large amount of tonnage. These are viable factors; however, the first argument is concerning whether a war is taking place. It is circumstantial in providing a solid reason for increased traffic through the Zone. This can easily change through and emergence of a new conflict or trading habits of other countries. Thirdly, why have the Panamanians insisted on assuming total control of the
Tuesday, November 26, 2019
How the CLEP Exams Benefit Your Future Goals
How the CLEP Exams Benefit Your Future Goals How the CLEP Exams Benefit Your Future Goals With the increase of online educational possibilities for students around the globe comes the popularity of taking CLEP courses. CLEP, the College-Level Examination Program, are tests given by the College Board to grant credit for college courses without taking on a full semester of classes. Students that study abroad, those that have gained job experience, and those that have gained knowledge through independent study, benefit from taking the CLEP exams. The CLEP tests cover a wide range of disciplines which include exams in the following: Business: Financial Accounting Information systems Introductory Business Law Principles of Management Principles of Marketing Composition and Literature: Humanities English Literature College Composition Analyzing and Interpreting Literature College Composition Modular Foreign Languages (taking these can get you 12 credits) Spanish (Levels 1 and 2)à à à German (Levels 1 and 2) French (Levels 1 and 2) History and Social Sciences: Intro to Psychology Introduction to Educational Psychology History of the United States II Human Growth and Development Principles of Macroeconomics Social Sciences and History Science and Mathematics: Calculus College Math Natural Sciences You can take mock tests to get an idea of what kind of questions will be asked for each discipline at the college board website. As of this writing we counted 33 various CLEP exams that were the usual classes that you would take in the first 2 years of college including these listed. Why Beneficial Who doesnââ¬â¢t want to save on an entire semester of coursework? Who doesnââ¬â¢t want to save on tuition and the costs of books? Using the CLEP exams to show your proficiency in undergraduate work is a way to get past all of that. Taking the exams also: Can elevate the degree that you already have: You may have been in the work force for many years and now your job has come into the tech world. Studying courses related to computers may be something that you now need to keep in line with technology. You employer may even offer incentives for you to take the CLEP courses that are available. Keep you from taking remedial courses: Students taking entrance exams for college often find that they need to take remedial courses for Math and English before moving into their regular college courses Taking the CLEP exams, they may not have to take the remedial classes to get into upper level classes that they already know are prepared for. Push you into the higher-level classes faster: You get to skip over many of the lower level classes and gain the credit needed to receive Certificate Program Degrees offered at many institutions today. Give you an idea of where you are in a field of study: Taking the CLEP exams can also prepare you for going into college without a blind eye as to what you know already. With tests for Algebra, Biology, Chemistry, and languages such as Spanish, if you already have been practicing these subjects, take the CLEP exams. If you have been out of school for some time, studying and practicing for these exams usually brings it all back. Save money (this one should have been number 1) The average college course runs about 250.00, for a semester of 5 classes that could run a studentââ¬â¢s bill up to over $7,000 for the year. With time preparing for the CLEP exams and taking the same number of classes you would only spend $400-500 for the same credit courses. Thatââ¬â¢s a savings of up to 80%. Military Benefit: Although there is a fee, at some centers up to $80.00, there are circumstances that this fee is waived. This can change from testing center to testing center so it is best to get in touch with your advisor to get firm information about the centers in your area. They will be better suited to tell you what to look forward to. Those who have served in the military may be eligible to take free CLEP exams. Military personnel are also waived fees, but how often they can take it free of charge has changed in recent years. The Office of Veteranââ¬â¢s Affairs in your area will give you full information on benefits that are available. Those in the military report that they pay for the test, and then are reimbursed for the price of the test and center fees. Administrative Help To determine further if the CLEP exams are a good fit for you, make an appointment with your advisors. Go over where you are now education wise, and what taking the exams will do for your advancement, and then decide. Many Community Colleges now have what is called dual-admissions programs. These programs are in place to help those that are in 2-year programs can transfer their credits seamlessly into a 4-year University and when they transfer in, they are Juniors instead of Sophomores. Utilizing the CLEP exams gives students the same options. Before taking any of the exams, meet with your advisors and the school advisors of the University you have in mind to see what courses are transferrable. Preparation You may be anxious, like most people, when faced with exams, and like many other tests, the CLEP exams can be intimidating. You may feel like you know the work and then take the test and a month later get the news that you have failed. Like any other exam that you take, you must study for the CLEP exams. They are scored on the college level and credit is only given when you pass. If you care about your future, you will prepare for these tests and not take them lightly. These test scores may be the link to your getting that perfect job, or being accepted in an institution of higher learning. Consider study guides to help you prepare for the CLEP tests. There are countless online sources to help you. The college board website offers practice tests for you to get an idea of what the exams are like under each subject. They also have low cost study guides to help you prepare for the exams. Other Resources Here are a few resources that can get you started studying for the CLEP exams: Open Source Library: Here you can find course work to study using video, college archives, professor webcasts, and access to scholarly journals. Hippo Campus: they cover over 13 subjects and cater to students from middle school to college. There are also many links to other well-known study sites from this page. The Format If you like the idea of multiple-choice testing, then the CLEP is one of those types of tests. The CLEP exams usually last about 90 minutes and are all done on computer with a multiple-choice platform, except for the written essays which are a mandatory part of the English Composition with Essay exams. Students that have prepared for the CLEP exams have reported that the one area that they needed extensive study time was the English Composition with essay tests, and essay preparation. There are study guides that will help you with preparation for English Composition exams and modular, and it is suggested that you practice writing essays before taking this CLEP test. Many students have trouble with writing, you are not alone. There are custom writing sites online that can help you with study guides and will critique your writing style to help you study for the CLEP writing exams. Important: Take getting help with the English Composition with Essay exam seriously because it is a 45-minute essay question, followed by a 45-minute multiple choice section. Once you pay for the exam, if you fail you must wait 6-months to retake it. It is best to get help if you know you need it before you take the tests. You are to take two mandatory essay tests with the College Composition exam that is graded by selected professors around the country, and then the grades are combined with your multiple-choice scores. There is also a College Composition Modular exam that is graded by your receiving college only with one essay and multiple-choice questions. Discuss with your advisors which of these you should take because colleges vary on which one they will accept. Locations The CLEP exams are offered in the United States and International colleges that accept CLEP credit. Your scores will be sent to be reviewed by the schools of your choice. Not all schools accept all tests. Check before you designate your tests to be released. Alternatives Keep in mind that CLEP tests are lower-level classes for regional schools, however, there are tests such as the DSSTââ¬â¢S (Danteââ¬â¢s Subject Standardized Tests) that are available for lower and upper level classes. These tests are taken primarily by non-traditional students but are open to all. MOOCs are also an inexpensive alternative to a full course of study. Massive Open Online Courses are free online courses popping up all over the internet. You can find MOOCs at some of the most prestigious schools, like Yale, Howard, Stanford and MIT. The only thing that is not offered by taking MOOCs is the credit for the courses, but they can be used to study and prep for the CLEP tests. With the cost of a college education soaring it is good to know that there are ways that everyone that wants to can get a quality education. Today, a high school diploma is not enough to get a well-paying job. This is not to say that all people that attend college land that perfect job, but when you have the coursework to back you up on your resume you will be a step ahead of the competition for the job you are after. Now go study for that CLEP!
Saturday, November 23, 2019
Free sample - Intangible Resources and Management Authority in Organizations. translation missing
Intangible Resources and Management Authority in Organizations. Intangible Resources and Management Authority in OrganizationsThe sphere of business is very diverse and every company tries to do its best in order to be the fist in the completive market and preserve its positions. Good presentation and work of the company depends upon its management that performs different functions. The main function of the management is organizing process of work correctly, using the resources of the company in the best possible way. From the one hand it sounds very easy to do, but on the other hand this task is not so easy to do. So, the main obligation of the management of every company is a rational utilization of the companyââ¬â¢s assets and resources, tangible as well as intangible. There is a mistaken idea that intangible assets are not very important as they do not play such important role in the successful existence of the company. It is a common mistake of many managerial teams that do not pay enough attention to the intangible resources. According t o Berkeley-Thomas (2003, p. 25), the companies have to genuinely consider a significance of identical or greater effect of such factors as consumer satisfaction, process effectiveness and improvement when coming to a realizing of performance realities. These factors will be additional to an organizationââ¬â¢s realizing of financial figures, helping to better understand the significance of otherwise potentially misleading or unfortunate numbers. Most companies do not pay enough attention to the intangible assets that is why the general performance of the company suffers. In this case, experienced market leaders insist on considering the intangible assets greatly, as they are half of a companyââ¬â¢s success (Grey, 2009, p. 43). In the findings, the investigation demonstrated that intangible assets, comprising consumer list, brand name,à reputation of the company, and its location are considerably chief elements; in the meantime, theà size of the organization is taken into account, but not that significant. In general, the essence of the intangible resources is quite broad, as it comprises many notions. Intangible assets can also include patents, copyrights, franchise and government licenses, goodwill, and other issues that lack physical matter but give long-standing advantages to the company. Companies should pay attention to the intangible assets as much as they do it on depreciable and natural resources. The charge of intangible resources is methodically allocated to the costs during the asset's helpful life or legal life, whichever is shorter, and this life is never permitted to exceed forty years. The procedure of allocating the value of intangible resources to expense is called amortization, and organizations almost always use the straight-line way to amortize their intangible resources. In order to understand more completely the essence intangible resources that management can draw upon, it is necessary to describe briefly some of them to see how useful they can be for the management of the company to evaluate the level of its performance and success.à One of the first and the most important intangible resources is the brand name. Needless to say, that brand name and recognition is very important for every company as it is the first step for the companyââ¬â¢s success. Brand name should be as recognizable as possible in order to make the company well known. Brand recognition is, probably, main form of intangibles. Think about the many name brand organizations and it will quickly be realized the power of intangible assets. Software programs used by the organizations in order to produce or plan their product are one more brilliant example of intangible resources. Reputation of the company is rightfully regarded as another very important intangible resource. It is understood that every company strives for having excellent reputation and be second to none in the market. The question of reputation is necessary to draw upon by the management. For instance, the company, having good reputation as a reliable partner and manufacturer of the qualitative products will likely have more customers as the company, having lower reputation even if its production is as qualitative. So, evaluating the performance criteria of the company and speaking about the work of its management, we can say that reputation of the company is very significant anyway. One more intangible asset considered as important one is goodwill. Goodwill equals the quantity paid to obtain a company in excess of its net assets at reasonable market value. The excess payment may be consequence from the price of the organizationââ¬â¢s reputation, setting, consumer list and management team. Goodwill can be recorded only after the purchase of the organization takes as such a transaction provides a purpose measure of goodwill as recognized by the customer. The worth of goodwill is considered by first subtracting the purchased liabilities of the organization from the fair market price of its assets and then subtracting this consequence from the purchase price of the organization. So, goodwill can not be seen at once, it can be evaluated only when the company starts working. Unfortunately, members of the management team and the business board room in a great number of companies all over the world nowadays fail to understand the effect and importance of their intang ibles on the bottom line as the intangible resources are not reflected on a balance sheet. People are in habit to believe stable and proved facts that can be seen visually on the paper and from different documents, that is why, intangible assets are not so popular management strategy because they are not provided in writing.à In conditions of modern current economy a lot of companies can make sure their survivability and sustainability into the post depression era if they are able learn to ruin the brick and mortar attitude that has tainted corporate America. According to the statistics, seventy-five percent of value of any company can be traced to intangible resources (Ramu, 2000, p. 15). One main cause for mistake is a lack of understanding and the incapability of upper management to think outside the frames. The representatives of the management within a company having no ability to think outside the frames have the complexity in demonstrating new ideas to upper management in the usage of intangible resources influence. So why intangible resources are so significant for the company are so important to legitimize management authority? First of all, strong brands effect on consumersââ¬â¢ decision-making processes, as well as making sure that premium prices may be charged. This is mainly true in many businesses connected with consumers. At their best, they symbolize an assurance of excellence and quality and sometimes, when it deals with luxury brands, customers even gain social status from the brand. It can also maintain the fast development of new successful markets. For instance, Tesco, one of the UKââ¬â¢s primary retailers, succeed in penetrating financial services. Surely, the financial benefit of the company arises from intangible resources such as brands and consumer relationships. Intangible resources, therefore, provide with a potential competitive benefit, but being the resources they obviously require specialist management and excellent communication skills. Managementââ¬â¢s capabil ity to bring its strategy is extremely dependent on its consumer relationships, brands and performance of main employees ââ¬â all of which are also intangible resources for accounting purposes. The significance of these factors is obviously very important to a companyââ¬â¢s productivity and to the sustainability of future performance of the company. So it will be more correctly to ask how it is possible to improve the management of these resources, rather than ask why it is so important. One more question of the paper that should be discussed is in what way the companies manage their intangible resources in modern market? Important management is concentrated on the brands to guarantee that the brand is exemplified in every sphere of the companyââ¬â¢s outside and interior behaviors (Kaplan and Norton, 2004, p. 24). Brands are continually adapted and revitalized to act in response with variable consumer trends and to be in front of the competition, thus increasing their importance and value. But it is often hard to see financial information about the brand being examined and managed. For instance, the amount of money invested in a brand development is not constantly available.à Consumer relationships comprise one more critical intangible resource for a great number of companies. And, just as in the case with brands, there is a shortage of information about main consumers ââ¬â including the duration of the relationship, the limits and the charge of supporting main relationships. This is particularly relevant to retailers and the production of customer loyalty card schemes points out the significance these organizations attach to this resource. In the modern market retailers now have better understanding of the desires and needs of their consumers. This information can be further translated into charge which could then be monitored and managed on the continuing basis. The financial result of changes to the way in which consumers are managed could then be frequently reported to the board and eventually to external parties. Everything mentioned above proves once again that intangible resources are extremely necessary to pay attention to and draw upon by the management. Although there is a widespread opinion that intangible resources are very significant to the future prosperity of any company, still there is a dilemma concerning their ongoing management as well as communicating their value. The fact that it can be rather hard to get the information required to administer and enhance the intangible resources, together with the understanding of this information, has held a lot of companies back. Nevertheless, investors, analysts and stakeholders insist on the importance of intangible resources, from the point of view of their usage and investigating (Grey and Willmott, 2005, p. 45). They come to realize, that there is a significant information gap concerning rational usage and studying of the intangible resources. That is why, the companies should move towards enhanced intangible asset management and improve systems of their usage.à Intangible resources are important for every company despite its size and sphere of business. Not only is there a co nvincing financial motive for more careful intangible resources management process, the tax and accounting systems are requiring that numbers are billed to intangible resources as part of accounting for attainments. The value of intangible resources is compulsory to be monitored on the constant basis, as it will help the company to improve its performance. Every company has its own intangible resources needed to pay attention to and it is the task of the management to see what asset requires attention and how it van be used to give maximum profits. Reference List Berkeley-Thomas A. (2003) Controversies in Management. London: Routledge. Grey C. (2009) Studying Organizations. ( 2nd ed.) London: Sage. Grey C. and Willmott H. (eds) (2005) Critical Management Studies: A Reader. Oxford: Oxford University Press. Kaplan, R. and Norton, K. ( 2004) Strategy Maps: Converting Intangible Assets into Tangible Outcomes. New York: Harvard Business Press Ramu, S. (2000) International Licensing: Managing Intangible Resources (Response Books). London: Sage Publications Pvt. Ltd
Thursday, November 21, 2019
Arguments Paper Essay Example | Topics and Well Written Essays - 1250 words
Arguments Paper - Essay Example However, despite the blame being directed to Al-Qaida terrorist groups, some experts are skeptical of the position arguing that the incidence was an inside job and was therefore stage-managed, providing evidence to assert their argument (Fetzer Par. 1). The purpose of this paper is to examine why the attack on 9/11 on World Trade Center is considered duplicity and not a terrorist attack as was alleged by President Bushââ¬â¢s administration. It will also discuss the limitations associated with such opposing views, my understanding of the incidence, as well as why I consider my understanding better than the opposing views. Those who opposed the argument that the incidence of September 11 was a terrorist attack mainly claim that the incidence was an inside job, stage-managed by the Bush administration (Fetzer Par. 2). They argue that the whole incidence was a video fakery that the Bush administration used to deceive the masses after stage-managing the incidence in order to get support for waging war against Al-Qaida in Afghanistan and Iraq (Fetzer Par. 4). After conducting a thorough analysis on the incidence, no evidence could be found to link Muslims to the attack. This is due to the fact that the government has since failed to provide concrete evidence to show that the alleged hijackers did board the planes according to Elias Davidsson (Fetzer Par. 6). After conducting an analysis on the alleged phone calls made prior to the incidence, none could actually be authenticated as David Ray Griffin argues that the alleged phone calls were faked (Fetzer Par. 7). The governmentââ¬â¢s failure to produce t he remaining parts of the four planes for inspection also raises questions. This is also the case with the envelop which has never been produced by the government since the incidence occurred (Fetzer Par. 8). In addition, they questions why there was too much delay in the deregistration of the corresponding
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