Friday, August 28, 2020
Threats to public health
Dangers to general wellbeing The reason for this exposition is to basically examine the dangers to general wellbeing and break down the commitment of sociologies in this regard. I will represent the appropriate response by hidden the causation of new general wellbeing and remark on the most proficient method to advance new general wellbeing. The paper will focus on the significance of understanding general wellbeing expertly, upheld by exploration and proof. The exposition will likewise plot the effects of globalization. Baum (2001) accepts that definition for general wellbeing have changed and created since the nineteenth century. Then again, Costello and Haggort (2003) characterizes that general wellbeing has different idea which comprise on a wide scope of social, political and financial point of view. General wellbeing has been depicted as both new and old (Costello and Haggort, 2003). Armstrong (1988 refered to in Baum, 2001) noticed that general wellbeing in the nineteenth century was more seen with physical collaboration among body and condition (Baum, 2001). In any case, he accepts that new general wellbeing is progressively worried to accomplish sound people, social orders and condition. These exercises will composed by social orders and government to shield open from malady and to advance sound way of life. It is accepted that the new general wellbeing will work to guarantee practices of government and private segment to advance value and wellbeing between various gatherings of individuals inside our general public. (Baum, 2001) As another general wellbeing proficient, my job will be to distinguish the effect of new general wellbeing dangers and causation to treat and advance wellbeing in our general public, The creator further contends that it is essential to change worldwide financial framework. He underscored on advancing general wellbeing and condition so as to accomplish the vision of new general wellbeing (Baum, 2001). In spite of the fact that Benson, et al, (2008) food strategy report features that food emergency is one of the major worldwide medical problem, which should be investigated. They accept that high ascending of food costs are one of the reasons for starvation in some creating nations. In any case, Baum (2001) contends that development of worldwide organizations can likewise be viewed as the significant danger to condition and publics wellbeing in poor nations. He likewise underline that evil wellbeing has expanded hugely among the poor nations in any event, when their national economy framework has developed. For example it has been referenced by UNCTAD (2008) that food cost list has expanded 84 percent in China and India, despite the fact that their economy rates wer e developing at record rates. Moreover, in many creating nations the emergency has caused a drawn out impact in the segment of agribusiness efficiency. Every one of these variables are contributing towards food emergency. UNCTAD (2008) depicts that there are three kinds of arrangement because of continue conservative development in growing, present moment, medium tern and long haul strategy. These arrangements intend to lessen food costs for purchasers. The transient strategy can be compelling if government help to support creation for poor smallholder ranchers. The medium-term strategy arrangement is to help ranchers by giving a better than average profit for food creation. This could spur ranchers in creating nations to support creation. In spite of the fact that the long haul strategy arrangement is for creating nations to advance rural creation by giving better information and preparing to ranchers and putting resources into the worldwide market to handle worldwide food crisis(UNCTD, 2008) Costello and Haggort (2003) anyway called attention to that in past wellbeing disparities among social class have had extraordinary impact on people wellbeing. They contended that individuals who encounters sick wellbeing in their youth keeps on creating issues identified with their wellbeing in later life. This can imply that individuals from poor foundation will encounter unforeseen weakness and the rich social orders will consistently benefits great wellbeing for a mind-blowing duration. Notwithstanding, Baum (2001) contended that wellbeing imbalance is extremely normal in creating nation. This has been brought about by cost in medicinal services area for open and poor conveyance of riches in their nation. Baum (2001) expressed that globalization has possible ramifications both negative and positive on general wellbeing. Additionally, Lee (2000) characterizes globalization as a characteristic changing procedure of human connection regarding financial, political, social, social and natural. Be that as it may, BMJ (2002) article features factors which can impact financial status, instruction, sexual orientation and age which could happen both emphatically and contrarily for a person. The article nonetheless, contends that faeachems explanation about globalization is generally bravo wellbeing did not depend on reality ground. The article keeps on discussing the difficulties of globalization. Then again, Lee (2000) featured that huge quantities of death has been brought about grown-ups due to non-transferable sicknesses including cardiovascular, malignant growth and respiratory infections. This is accepted to have a monstrous impact of globalization in the United Kingdom. Other non-transmittable infection has been influenced by the worldwide change in our condition and way of life. It is accepted that TV seeing is likewise connected with inactive way of life, especially youngsters who have been for the most part influenced to an expansion in globalized way of life. Unexpectedly, Lohr et al (refered to in Lee, 2000) portrays the positive changes of globalization, for example, proof based medication and clinical practice rules has spread from United Kingdom and America to Europe and different pieces of the world. He accepts that the information on medication practice has been shared worldwide to profit general wellbeing. Labonte and Torgerson (2005) expressed that the effect of globalization isn't un-known in western nations. They expressed that universal associations needs to fundamentally recongnise the result of globalization in poor nations. In spite of the fact that, BMJ (2002) trusts it is critical to give proof based way to deal with globalization and wellbeing to analayse the effect of certain approaches. For example, World Trade association needs to open propasals for all segments of the economy, for example, NHS which was present in Britian through private account activity. The article further features need issues which should be discussed, for example, wellbeing administrations in the United Kingdom. Despite what might be expected, Lee (2000) expressed in his article that World Health Organization has been assuming a significant job to address worldwide wellbeing difficulties, for example, control on tobacco use and limiting elements that cause intestinal sickness. Then again Labonte and Torgerson (2005) contended that the World Health Organization has distinguished a few genuine wellbeing related issues, for example, contrary impacts of cost recuperation for social insurance administration, free wellbeing programs for destitute individuals, restricted recourses for wellbeing and training. On the opposite Daar et al ( 2002 refered to in Labonte and Torgerson, 2005) expressed that administration has given next to no consideration to general wellbeing framework in poor nations. Labonte and Togerson, (2005) distinguished that the effects on wellbeing is a results of globalization, which connects with household political and monetary. They further contended that their anxiety is value in wellbeing between countries. Nonetheless, the wellbeing effect of globalization has caused gigantic mortality, grimness and handicap rates. As indicated by Labonte and Togerson (2005) specialists accepts that basic advances should be taken to handle wellbeing illness looked in poor nations. Lee (2000) recommended that strategy producers and wellbeing proficient should be include in worldwide general medical problems. Despite what might be expected, Baum (2001) accepts that it will be difficult to handle the socio and monetary parts of wellbeing as it could carry contention with perspectives on those, who puts stock in profiting needy individuals in the general public. He likewise depicted that general wellbeing should be worldwide to be impact. The worldwide wellbeing imbalances and disparities inside nations are expanding and new ailments and ecological issues will develop because of disregarding worldwide medical problems (Baum, 2001). Albeit Lee (2000) proposed that another conceivable answer for tackle worldwide medical problems is to draw consideration of people in general to illuminate them about the significance regarding globalization to general wellbeing, for example through media and press. He accepts that it is essential that the administration offers money related help for research venture on worldwide medical problems. Then again BMJ (2002) expressed that worldwide exchange can limit practical imbalance for creating nations. Moreover, the article recommends that world chiefs, for example, G8 submits necessities to survey the issue of globalization and give money related guide to creating nations, who have been greatly experienced globalization. The article additionally recommended that wellbeing experts need to convey fundamental examination to improve wellbeing in poor enviroments. Baum (2001) expressed that new general wellbeing dangers in the twenty-first century will greatly affect monetary, wellbeing and condition. Thus, general wellbeing experts needs to deliver these new dangers to open, plan systems and make arrangements to handle general medical problems. He further contended that new dangers to condition and wellbeing will quickly increment in numbers Armstrong (1988 refered to in Baum, 2001) recommended that the new general wellbeing will likewise need to incorporate investment of networks to advance wellbeing and value. In decisive, as a general wellbeing proficient, I should handle and discover approaches to treat new general wellbeing dangers. In my perspective, financial factor can impact general wellbeing. Subsequently, I should adopt sociological strategy to treat wellbeing and ailment. I will likewise need to elevate wellbeing to educate general society regarding the new dangers to improve wellbeing status. To lessen wellbeing disparity between financial will be need for general wellbeing proficient. REFERENC
Wednesday, August 26, 2020
NO TOPIC SO FAR Essay Example | Topics and Well Written Essays - 500 words
NO TOPIC SO FAR - Essay Example The Director of CBO gave an itemized declaration to layout what number of government projects can block monetary development by expanding the peripheral assessment rate. An expansion in the negligible assessment rate influences the measure of the cash that family units can use for reserve funds and speculations. The impact of low reserve funds and speculations is moderate monetary development. The effect of expanding negligible assessment rates can be clarified utilizing a case of a single parent who makes roughly $20,000 in a year. The mother will be compelled to pay an extra 15 pennies as an expense in view of the salary raise (Jacobs). Besides, her qualification to help programs like food stamps, Earned Income Credit expense, and Medicaid can be wiped out or somewhat decreased. The circumstance makes a neediness snare for a normal humble family in America. The CBO gauges the Obamacare law will debilitate work and lead to expanded pace of joblessness. The impact of the Obamacare law on business is explained by Patton in his Forbes article ââ¬Å"Is Obamacare an Economic Disaster?â⬠According to Patton, the substantial requests set on bosses by the law will provoke them to chop down the quantity of workers (Patton). They need to think about terminating a few representatives for them to manage the cost of paying the expense of medicinal services. Managers can likewise diminish the quantity of hours secured by workers to abstain from expanding the expense by paying medical coverage. It would likewise build the cost of items and administrations to take care of the extra expense of giving medical coverage. Every one of these activities bring about loss of salary for some families. It lessens the measure of cash accessible for sparing and speculations. A few people may come up short on the intend to deal with their families. Diminishing the quantity of hours worked, expanding working expenses and loss of representatives makes a business domain that makes determining inconceivable. Along these lines, organizations will dread to contribute and spare. They would cut on extra
Saturday, August 22, 2020
Bureaucracyr Organizational Free Essays
As indicated by Max Weber, ââ¬ËBureaucracyââ¬â¢ implies a halfway coordinated, deliberately sorted out and progressively organized staff gave to the customary, daily schedule and effective completing of huge scope managerial assignments as per approaches directed by, rulers or executives remaining outside or more the organization. Such a staff, as Weber appropriately observed, will in general become rule-bound, practically particular, lifting indifference and esprit de corps. In any case, ââ¬Ëbureaucracyââ¬â¢ has additionally implied something contrary to hierarchical effectiveness and powerful brought together control: formality, gradualness of system, hesitance to take a choice, the superfluous duplication of individuals, rules and structures â⬠an undertone accomplished by singling out for consideration troublesome optional highlights or propensities of bureaucratic structures. We will compose a custom paper test on Bureaucracyr Organizational or on the other hand any comparable subject just for you Request Now The term ââ¬Ëbureaucracyââ¬â¢ has been remembered for, yet in addition diverged from, the more broad idea of organization. Here and there this is finished by considering organization to be a formal and unoriginal method of organization, some of the time by considering administration to be that type of organization where chairmen (the civil servants, the authorities) have become the genuine rulers, arrogating to themselves benefit, force and control. An Organizational structure characterizes how employment undertakings are officially separated, gathered and facilitated. The primary components to consider while planning a hierarchical structure are Work Specialization, departmentalization, levels of leadership, length of control, centralization and decentralization and formalization. The most widely recognized Organizational plans found being used are ? Straightforward or Flat structure ? The Bureaucracy ? The Matrix structure ? The Team Structure ? The Virtual Organization ? The Boundaryless Organization The paper talks about the significant focal points of all the above structures and all are contrasted and administration and the genuine commitment of organization is shown up toward the finish of conversation. At that point the job of administration in improving the effectiveness of the association is clarified. The effect of a low level organization is then talked about and its job in effectiveness is examined. At that point the effects of significant level administration are talked about. At long last, the paper finishes up by expressing that a moderate degree of administration is useful for expanding the proficiency of the association. Focal points and Disadvantages of different Organizational plans The basic structure is described by a low level of departmentalization, wide ranges of control, authority concentrated in a solitary individual, and little formalization. The quality of the basic structure lies in its straightforwardness. Itââ¬â¢s quick, adaptable and economical to keep up and responsibility is clear. One significant shortcoming is that it is hard to keep up in something besides a little association. The dynamic turns out to be delayed as the association develops in size as a result of its low formalization and high centralization. An organization is described by exceptionally routine working errands accomplished through specialization, much formalized standards and guidelines, assignments that are gathered into useful divisions, brought together power, tight ranges of control, and dynamic that follows the hierarchy of leadership. The essential quality of organization lies in its capacity to perform normalized exercises in a profoundly effective way. One of the significant shortcoming of this structure is that it causes departmental clashes and exceptionally unyielding continually adhering to the principles. There is no space for adjustment The Matrix structure is portrayed by double lines of power and consolidates item and utilitarian departmentalization. IBM embraces an adjusted rendition of the lattice structure in its general tasks. The quality of this structure lies in its capacity to encourage coordination and proficient distribution of experts. The significant weakness lies in the disarray it makes, its thriving to cultivate power battles, and the pressure it puts on people. The Team structure utilizes groups as the focal gadget to facilitate work exercises. Organizations like DaimlerChrysler, Saturn, Motorola and Xerox have utilized self-guided groups to improve efficiency at the operational level. In littler organizations, the group structure can characterize the whole association. For example, Imedia, a 30 man advertising firm in New Jersey is totally composed around groups. This structure is profoundly unsatisfactory for huge organizations. A Virtual association is a little center association that out sources significant business capacities. Ancle Hsu and David Ji run a virtual association. Their firm, California based Apex Digital, is one of the worldââ¬â¢s biggest makers of DVD Players, yet the organization neither claims a production line nor utilizes a designer. They contract everything out to firms in China. This is reasonable for little and huge associations. The significant preferred position is the adaptability and the detriment is absence of administrative control in key parts of business. The Boundaryless association is an association that tries to wipe out the hierarchy of leadership, have boundless ranges of control, and supplant divisions with engaged groups. The conversation of different authoritative structures shows the adaptability and versatile nature of different plans contrasted with Bureaucracy. This additionally uncovers much of the time, Bureaucracy is acceptable when the shortcomings of the structures are contemplated. Job of Bureaucracy in improving the effectiveness of the association The Primary quality of administration lies in assembling like strengths in practical divisions brings about financial aspects of scale, least duplication of work force and types of gear, and representatives who have the chance to talk ââ¬Å" the equivalent languageâ⬠among their friends. Further more, organization can get by pleasantly with less skilled â⬠and henceforth, less expensive center and lower level administrators. The inescapability of rules and guidelines substitutes for administrative prudence. Normalized activity, combined with high formalization, permit dynamic to be brought together. There is little need in this manner, for imaginative and experienced chiefs beneath the degree of senior officials. This definitely reduces expenses for the venture and improves the proficiency level radically by acquiring significant levels of economies of scale and spending less on representatives. The organization is proficient just as long as workers go up against issues that they have recently experienced and for which customized choice principles have just been built up. Effect of a low degree of administration A low degree of organization brings about colossal absence of control. Representatives are at their will and dynamic turns into an extremely unwieldy assignment. There will be a ton of extraordinary requests and the work routine will be path beneath the normal level. This significantly diminishes the productivity of the association. In uncommon cases, representatives assume up liability and accomplish targets. Effect of a significant level of administration An elevated level of administration is exceptionally impeding to the development of the association. This makes the representatives to create work instability and they feel to be persistently observed. Significant level of organization is portrayed by giving requests and a rationale to follow. There will be a ton of undesirable works and valuable time will be spent in duplication of a similar work in different degrees of the association. This controls development and imagination prompting routine occupations and in the end prompts worker fatigue. There will be no kind of a representative inclusion in this circumstance. Representatives work for extended periods of time however the yield will be route underneath the principles and there will be no inspiration instruments to help the representatives. This at long last outcomes in worker turnover. Thus, a significant level of administration is to be maintained a strategic distance from as it might stimulate the workers against the administration of the organization. Shortcoming of Bureaucracy One of the significant shortcomings of an administration is outlined in the accompanying discourse between four officials in a single organization: ââ¬Å"Ya Know, nothing occurs in this spot until we produce something, ââ¬Å"said the creation official. Wrong remarked the innovative work director, ââ¬Å"Nothing occurs until we plan somethingâ⬠. ââ¬Å"What would you say you are discussing? â⬠asked the advertising official. ââ¬Å"Nothing occurs here until we sell somethingâ⬠. At last, the exasperated bookkeeping director reacted, ââ¬Å"It doesn't make a difference what you produce, structure, or sell. Presently one comprehends what happens we count up the outcomes! â⬠This discussion focuses at the way that specialization makes subunit clashes. Practical unit objectives can supersede the general objectives of association. The other significant shortcoming of an administration is something managing the individuals who work in these associations: over the top worry with adhering to the standards. At the point when cases emerge that don't decisively fit the standards, there is no space for change. End Administration is productive to the association just when a moderate level exists. Both a low degree of administration and a significant level of organization will bring about the wasteful activity of the undertaking without completely using the assets of the organization. A moderate degree of administration will guarantee that control systems are set up and that representatives are accomplishing their objectives. This additionally permits the limitation of forcing rules and systems to the workers and causing weariness. At the point when an immersion point is reached, administration contributes incredibly to improving the effectiveness of the association to an extraordinary level. Reference: â⬠¢ Stephen P. Robbins, Organizational Behavior, Tenth Edition, Prentice Hall of India. Pg. 425-446, Pg. 523-535. â⬠¢ Garry Dessler, Human Resource Management, Eastern Economy release. Pg 465-479. â⬠¢ Randy L. Desimone,
Organizational Behavior Terminology and Concepts Essay -- essays resea
Authoritative Behavior Organizations have been depicted as gatherings of individuals who work reliantly toward some reason. This definition obviously demonstrates that associations are not structures or bits of hardware. Associations are, undoubtedly, individuals who communicate to achieve shared goals. The investigation of hierarchical conduct (OB) and its subsidiary subjects causes us comprehend what individuals think, feel and do in authoritative settings. For chiefs and, everything being equal, all representatives, this information predicts, comprehend and control authoritative occasions. There are not two indistinguishable associations. At the point when you search for work you search for a spot that is agreeable to you. Association conduct is the manner in which we study the individuals of associations. All relies upon your decision of a private company or a business in the Fortune 500. The manner in which the association runs itself is something that you need to ââ¬Å"fit in. â⬠This paper is going to manage you through the various wordings and ideas. Association learning is characterized as, ââ¬Å"the procedure of gaining information and using data to adjust effectively to evolving circumstancesâ⬠(Schermerhorn 5). This course we are taking is only one case of association learning. There are individuals out there that review association learning of the organizations out there. This is the place you get your examinations of various associations. This course has made me appear to be unique at the association that I work for. The present reality I...
Global Operation Essay Example | Topics and Well Written Essays - 1000 words
Worldwide Operation - Essay Example Besides, there might be differences between the nearby network and PPQ (Cateora and Graham 19). This is on the grounds that PPQ will present new representatives who will be joined by their relatives in the host remote nation. The host outside nation will encounter strain in its networks and social pleasantries, for instance, schools. This is on the grounds that the networks and social luxuries where PPQ is arranged will encounter an upgrade in number of people to a great extent from PPQ. Additionally, the host remote nation will encounter issues related with the new quality of the dealings between representatives of PPQ and the current individuals of the district where PPQ has chosen to set up its stores to sell their items. It is basic that PPQ envisions any issues that may negatively affect the host outside nation and gadget methods of managing them before it begins its procedure of extension. Question 2 International associations every now and again experience bottomless social is sues when they broaden their exercises into different and new domains. At the point when an organization extends to new domains, its representatives may experience issues managing customers who are from a various and diverse culture. There is the issue of social affectability which requires the workers of the global organization to oblige the social acts of their customers. Also, laborers of universal associations may confront troubles in defeating language obstructions in the new zones of activity (Cateora and Graham 122). These may represent a serious test to the capacity of laborers offering satisfactory and adequate types of assistance to the clients. People with an indistinguishable worth framework, religion, convictions, and language share a comparable culture. Subsequently, this is granted to each person in the social framework. Along these lines, laborers of global associations, who are not from a similar social framework as the clients, think that its hard to grasp the cust omersââ¬â¢ social framework, thus influencing the procedure of collaboration. Question 3 Diversity has become an incredibly fundamental subject in the worldwide field. Any proficient agent or chief ought to know that the universe is diminishing in size because of chances and administrations encouraged by globalization. Innovations, for instance, the web has made assorted variety an incredibly fundamental subject in the global field since it has made participating in business exercises in various pieces of the world less entangled, and exchange is benefiting as much as possible from the open doors brought about by being different. Likewise, assorted variety has made various money related limitations that were in presence in the past to be killed as associations are endeavoring to participate in business exercises all finished and over the universe (Cateora and Graham 159). Likewise, assorted variety has gotten a critical subject in the global field since individuals are moving fro m their local grounds to search for work openings in different territories. This is apparent in regions, for instance, Europe and North America where there are people of blended family lines and races. Along these lines, assorted variety has empower people protect their unique character while being a piece of various geographic locales. Question 4 There are various things that may occur if issues identifying with assorted variety and multiculturalism are not focused on in a worldwide association. One, the universal
Friday, August 21, 2020
Pt Chevron Pacific Indonesia and Hsbc free essay sample
Rundown This contextual analysis report portrays an exploration on two huge associations to be specific PT Chevron Pacific Indonesia and HSBC corresponding to their ways to deal with overseeing workforce decent variety. The objective of this report was to recognize workforce decent variety hypothesis and its favorable circumstances and burdens of overseeing workforce assorted variety. It additionally plans to investigate two associations ways to deal with overseeing workforce decent variety and assess focal points and inconveniences of the organizationsââ¬â¢ approaches dependent on workforce assorted variety hypothesis. The report reasons that workforce assorted variety is one of the essential worries for a large portion of the organizations; consequently, overseeing decent variety is a significant component of the executives in todayââ¬â¢s association. Workforce decent variety could lead the organization into turmoil. Be that as it may, if the organization can oversee it with great methodologies, it could be an upper hand for the organization. There are a few methodologies that the organization use to deal with the decent variety in their working environment. As it is expressed on the examination part, Chevron and HSBC deal with their workforce assorted variety with various methodologies. However, there are additionally focal points and inconveniences in each approach. The points of interest are, for example, an expansion in their profitability, boosting their laborers potential, and worker partiality bunches have developed quickly. On different hands, the disservices are, for example, an expansion in the expense of preparing, a contention between a significant and minor gathering, and furthermore a strained workplace between their laborers. Subsequently, so as to pick up profits by the assorted variety, each association needs to oversee it viably. Chapter by chapter list 1Introduction1 1. 1Background1 1. 2The destinations of the report1 . 3Layout of the report1 1. 4Conclusion drawn from the research2 2Workforce diversity2 2. 1Definition of workforce diversity2 2. 2Approaches to Managing Diversity2 2. 3 Advantages and Disadvantages of Workforce Diversity3 2. 4Advantages and Disadvantages of Different Approaches to Managing Diversity3 3Identification and examination of organization4 3. 1About the first organisation4 3. 2The ways to deal with overseeing workforce diversity5 3. 3 Advantages and weaknesses experienced6 4Identification and examination of association 26 4. 1 About the second organisation6 4. The ways to deal with overseeing workforce diversity7 4. 3 Advantages and weaknesses experienced8 5Conclusions8 Reference List10 1Introduction 1. 1Background Nowadays, the change and decent variety in the workforce and hierarchical condition has been expanding (Oââ¬â¢Leary Weathington, 2006; Waddel, Devine, Jones George, 2007; McMahon, 2010). Thusly, this has prompted the development of assorted variety the executives which has become significant issue for todayââ¬â¢s associations. It is accepted that overseeing decent variety can have constructive outcomes toward organisationââ¬â¢s execution. With respect to issue, there is an endeavor to investigate decent variety the board in todayââ¬â¢s associations by leading examination on two enormous associations and portraying the exploration bring about this contextual analysis report. Besides, this contextual analysis report is additionally completed as one of the assignments in MMM132-Management subject. 1. 2The goals of the report The reason for this report is first to distinguish workforce decent variety hypothesis and its preferences and disservices of overseeing workforce assorted variety. At that point, this report analyzes two huge associations in particular, PT. Chevron Pacific Indonesia and HSBC, which have approaches to deal with their organisationââ¬â¢s various workforce. Besides, this report additionally investigations both organisationsââ¬â¢ ways to deal with overseeing workforce decent variety, portraying advantages and disadvantages every association has encountered with its assorted variety the executives techniques. 1. 3Layout of the report This report comprises of four (4) fundamental parts. The initial segment gives a concise depiction of workforce decent variety and its advantages and disadvantages of overseeing workforce assorted variety for todayââ¬â¢s associations. From that point forward, this report portrays the recognizable proof and investigation of the principal association comparable to its ways to deal with overseeing workforce assorted variety, including any favorable circumstances and hindrances experienced. In the third part, it clarifies the ID and examination of the second association corresponding to their ways to deal with overseeing workforce decent variety, including points of interest and burdens experienced. At last, synopsis of the fundamental discoveries from the exploration of the two associations will be in the end. 1. 4Conclusion drawn from the exploration The exploration found that a different workforce is one of the essential worries for the vast majority of the organizations; along these lines, overseeing decent variety is a significant component of the executives in todayââ¬â¢s association. Overseeing workforce decent variety should be possible by utilizing some distinction draws near, yet there are likewise points of interest and weaknesses in each approach. At the end of the day, workforce assorted variety could lead the organization into tumult. Notwithstanding, if the organization can oversee it with great methodologies, it could be an upper hand for the organization. At long last, the remainder of the point by point aftereffects of this exploration will be talked about in each area of the accompanying. 2Workforce decent variety 2. 1Definition of workforce decent variety What is workforce assorted variety? By and large, workforce assorted variety alludes to the manner by which individuals in a workforce are comparative and unique in relation to each other. To be explicit, Thomas and Cox (1991, refered to in Panaccio Waxin 2010, p. 54) characterize assorted variety, in business terms, as a lot of contrasts of individual characteristics including socio segment factors and expert factors, which can be found in an organisationââ¬â¢s different levels. For instance, Waddel et al (2007) consider assorted variety to be contrasts among individuals in age, sex, race, ethnicity, religion, sexual direction, financial foundation and capacities/inabilities. Schwind, Das, and Wagar, (2007, refered to in PanaccioWaxin 2010) sort those distinctions by Waddel et al as center elements of assorted variety. Besides, Schwind, Das, and Wagar (2007 refered to in PanaccioWaxin 2010) additionally include auxiliary elements of assorted variety which incorporate instruction, status, language, pay levels, and so forth. In any case, McMahon (2010), Burgess, French and Strachan (2010, p. 8) contend that decent variety itself stays a muddled idea. 2. 2Approaches to Managing Diversity There are numerous ways to deal with overseeing decent variety. As indicated by Burgess, French, and Strachan (2010), there are two principle ways to deal with overseeing assorted variety, in particular ââ¬Ëproductive diversityââ¬â¢ which depends on business case for dece nt variety the board and ââ¬Ëvaluing diversityââ¬â¢ which depends on human asset or authoritative improvement approach. Nonetheless, Oââ¬â¢Leary and Weathington (2006) accept that associations must go past the business case for assorted variety the board on the off chance that they need to utilize the current decent variety successfully. Furthermore, as indicated by Das (1998, refered to in Panaccio and Waxin 2010), there are 4 stages in overseeing decent variety. They are the recognizable proof of present and perfect future express, the investigation of present frameworks and systems, the changing of strategies, methodology, and rehearses, and the assessment of results and development. Besides, there are 4 basic highlights in the third step. They are senior administration responsibility, foundation of an assorted variety advisory group, instruction and preparing, lastly wide correspondence of changes (Das, 1998, refered to in Panaccio and Waxin, 2010). Waddel et al (2007) likewise concur with Das (1998, refered to in Panaccio and Waxin, 2010) about senior administration responsibility as one significant component for effective assorted variety the board. 2. 3 Advantages and Disadvantages of Workforce Diversity It is accepted that there are numerous advantages of an assorted workforce. Waddel et al (2007), Panaccio and Waxin (2010) recommend that the benefits of workforce decent variety are that it can give better support of different clients too as can give great picture and believability of the association. Moreover, contrasts can likewise build profitability, give a more extensive scope of imagination, encourage development, improve coorperation and empower goals of issues (Oââ¬â¢Leary Weathington, 2006; Waddel et al, 2007; Burgess, French Stratchan, 2010; Panaccio Waxin, 2010). Notwithstanding, it is likewise discovered that a differing workforce can effectsly affect how authoritative individuals connect and perform. For example, Oââ¬â¢Leary and Weathington (2006, p. 3) express that decent variety can increment relational clash, lessen workgroup cohesiveness, have lower levels of responsibility and less relational correspondence, and have less developments. . 4Advantages and Disadvantages of Different Approaches to Managing Diversity Business way to deal with overseeing decent variety has the two advantages and downsides. The upsides of business approach are that it can build efficiency and addition upper hand, through the use of the various gifts and capacities, including aptit udes of differing people (Oââ¬â¢ Leary Weathington, 2006; Burgess, French Stratchan, 2010). Another bit of leeway is that it can likewise bring about cost reserve funds (Oââ¬â¢ Leary Weathington, 2006). In any case, as recommended by Oââ¬â¢ Leary and Weathington (2006, p. ) business case approach can prompt underestimation of minority workers employed to speak to ââ¬Ëtheirââ¬â¢ gathering to interest others of ââ¬Ëtheir kindââ¬â¢. This implies business case has constrained way to deal with advancing assorted variety. Further, Burgess, French and Strachan (2010) include that thebusiness case for overseeing assorted variety is recognized to offer a limited approachto accomplishing value. Another methodology includes the esteeming of distinction. It is accepted that the upside of this methodology is that the affirmation of the progressions required to social, political, and basic framework inside associations (Burgess, French Strachan, 2010, p. 2). It implies that t hi
A Peoples History Of The United States
A Peoples History Of The United States As the British and Colonists were occupied with the Seven Years War against the French and Indians, the homesteaders were gradually developing affections for their expulsion from under the British crown. There had been a few uprisings to oust the provincial governments. At the point when the war finished and the British were successful, they announced the Proclamation of 1763 which expressed that the land west of the Appalachians was to be saved for the Native American populace. The settlers were befuddled and shocked and the now aggressive social tip top's were chomping at the bit to coordinate that outrage against the English since the French were not, at this point a risk. Notwithstanding, the social first class was a miniscule level of the provincial populace. As recorded in city charge records, the top 5% of Boston's citizens controlled 49% of the urban communities available resources. The lower classes at that point began to utilize town gatherings to communicate their sentimen ts. Men like James Otis and Samuel Adams from the privileged societies shaped the Boston Caucus and through their persuasive talking, formed and initiated the working class.The Triumph of America - Lord Pitt drives Americ...After the Stamp Act of 1765, the British's tax assessment from pioneers to pay for the Seven Year War, the lower-class raged and decimated trader homes to level the qualification of rich and poor. A hundred lower-classmen needed to languish over the excess of one upper-classmen. They requested increasingly political majority rules system in which the common laborers could take an interest in making policies.In 1776 decisions for the sacred confining of Pennsylvania, a Privates Committee encouraged the resistance of rich-men in the show. Indeed, even in the open country, there were comparable clashes of rich against poor. A few mobs in the New York/Jersey zone were more than riots yet durable social developments to make counter governments. Agitators were breaking into correctional facilities and liberating their companions. Before long be that as it may, the lower-classmen...
Tuesday, August 11, 2020
Macroeconomics
Macroeconomics Macroeconomics HomeâºEconomics PostsâºMacroeconomics Economics PostsIndustries concentration ratios are a measure of how fragmented industries are structured. There are two types of concentration ratio that can be used to analyze an industry. These are; four-firm concentration ratio and the eight-firm concentration ratio. If an industry has 20 firms and the concentration ratio of 30%, from the industry structure stand point this industry is referred to as monopolistic competition as asserted by (Anderton Geoff, 2011).A monopolistically competitive industry has large number of small firms, with each firm being relatively small when compared to the overall size of the market. This helps to make sure that all the firms remain competitive with little market control over price or quantity. Each firm in a monopolistically competitive market usually sells a similar, though not absolutely identical product. Most of the goods that are sold by the firms are mostly close but not perfect sub stitute. The good may have subtle difference or they might only be perceived as being different by the buyers.Monopolistic competitive firms are fairly free to enter and exit the industry with few restrictions (Mankiw, 2007). The firms in this industry are not perfectly mobile but they are to a large extent unrestricted by government rules and convention, start-up cost, or other extensive barriers to entry. In monopolistic competition, buyers are not in the knowledge of everything about product differences, brand names, etc, but they have all information about the alternative prices. Each seller has relative information about production techniques and the prices charged by the competitors.Demand is relatively elastic in a monopolistic competition; this is because each firm encounters competition from close substitutes. Long-run adjustments are required in case of an increased demand for the product that pushes up the price of goods. The price in the market has to be compared with th e alternative, price taker. Monopoly is the best example of a price maker that exists on the selling side of the market. In the above case the price would be adjusted in two ways; entry and exit of firms into and out of the industry which will ensures that firms earn zero economic profit and that price is equal to average cost. The pursuit of profit maximization by every firm in the industry will ensures that firms produce the quantity of output that will equates marginal revenue with short-run and long-run marginal cost. The anticipated adjustment faced by the firm will make the concentration ratios be adjusted and increase accordingly.If an industry has20 firms and a Concentration Ratio (CR) of 80%, from the industry structure stand point this industry is referred as oligopoly competition according to (Mankiw, 2009). An oligopolistic industry is usually dominated by a small number of big firms. Each firm is relatively large when compared to the overall size of the market. Some of oligopolistic industries are known to produce identical products, but others produce different products. Many firms in a oligopolistic industry attain and retain market control by creating barriers to the entry that include patents, resource ownership, government franchises, start-up cost, brand name recognition, and decreasing average cost.There are various reasons why oligopoly industry has a high CR than monopolistic industries; firstly, each oligopolistic firm keeps a close eye on the actions of other firms in the industry. Decision by one firm affects the other thus competition is very high. Secondly, many oligopolistic industries tend to keep their prices relatively constant, and prefer to compete in ways that do not involve changing the price (Mankiw, 2009). Therefore, firm has little to gain from changing prices. Thirdly these firms apply various method of non price competition which includes advertising, product differentiation and barriers to entry. Thus they are able to a ttract buyers and increase market share while relying on the price this is not the case in monopolistic competition. Oligopolistic firms are able to perpetually balance competition against cooperation by merger legally combining two separate firms into a single firm. The incentive to merge is quite high and by doing so gives the resulting firm greater market control. This is not the case with monopolistic industries.It is not possible for smaller firms to run their business profitably in oligopolistic industries as there requirement of advanced innovations of technology and expanded production capabilities which requires a lot of capital which is absent in small firms (Scarborough Doug, 2009. Small firms cannot take advantage of economic of scale as the cost of production is very high. Another factor is that oligopoly does not efficiently allocate resources. Oligopoly charges higher prices and produces less output than the competence standard of perfect competition. Smaller firms c annot therefore stand to compete with oligopoly industries.In conclusion it was seen that Oligopoly contains a few large firms that control a market while Monopolistic competition has many small firms, each with some, but not a lot of market control. Thus, monopolistic competition and oligopoly is actually the base of market structure continuum.
Wednesday, July 1, 2020
Alenation Essay - 275 Words
Alenation (Essay Sample) Content: NameTutorInstitutionCourseDateAlienation has an impact on different characters depending on the how much it pushes people from their comfort zone and the manner in which they cope to it. At times, the surroundings around the people affect who they are. The different journeys that they undergo also affect the lives. This paper looks at the concept of alienation. People live around factors that constantly try to change them. The paper looks at how two main characters in The Lost World by Michael Crichton and A Prayer for Owen Meany by John Irving fight to define themselves despite the many factors that seeks to change them.One way of looking at alienation in the books is emotional isolation. This includes dissociation from people. In the Lost World, Malcolm is the main character. Malcolm tries to deny any prior knowledge concerning knowledge of Jurassic park. However, he allows one of his colleagues, Levine, to draw him into plans go back and explore what remained of th e dinosaur project. Alienation or separation from the society causes these people to act in a manner that could result in a negative impact. The characters in this book experience alienation physically in that they are in a new environment. In many occasions, Malcolm finds himself way out of his comfort zone by the decisions that the people around him make.One such example is when Malcolm instructs Eddie to kill the baby rexes, after suspecting it would not survive the injury that it had. In many instances in the book, Malcolm seems to fall into the pressure of people around him. He allows the surrounding to change his perception. In most cases, he has to modify his decisions based on the people around him. The journey that he goes on affects his character. Malcolm has knowledge from the first trip, which makes him more careful as compared to the group around him. However, he constantly lets them change his decisions and in the end, this affects the entire trip in a negative way.Mal colm as a main character in this book is unable to stick to his principle. He is unable to ensure that his ideas follow through to the end. He tends to allow the environment and the people around him to dictate what happens. Alienation affects them to a level in which they have no further control of the environment around them. This book takes the characters through a journey that is unfamiliar to all of them. This is a contrast to the main character in A Prayer for Owen Meany.In A Prayer for Owen, alienation occurs to the main character, Owen Meany. Owen has a physical disorder that makes him smaller than all the other people his age (Irving, 3). His voice also sounds a bit sharper than the rest. In addition, he happens to be quite short for his height. However, he does not let the notable differences that he has as compared to the people around him make him feel alienated. He feels that the unique qualities that he has help him further his purpose on earth. He fights to define hi mself by using his unique features to fulfill the destiny he has on earth. The factors that push him out of his comfort zone are his physical attributes.As mentioned earlier, his height, his voice and his small stature put him at a different physical place as compared to other people around him. He is able to survive the environment that he is in because of the strong believe...
Tuesday, May 26, 2020
What Everyone Is Saying About Write Term Papers and What You Should Do
What Everyone Is Saying About Write Term Papers and What You Should Do For various reasons, the expression paper has come to be the typical unit of educational progress measurement, and students will need to learn the art to get the best outcomes. In case you have any questions, you can get in touch with our friendly support team night and day and get immediate assistance. Now that you've identified what should be done, make it occur! Issues associated with societal social troubles and social control of deviant and criminal behavior will likewise be analyzed. Write Term Papers for Dummies Term paper can't be written at the same time. Citations ought to be made if it's required of the writer. Our writers can assist you with any of the format employed for writing any academic work. They are experienced to offer the term paper service depending on the topics you give. They always produce unique content which is free from all grammatical error. Our professional writers will be happy to supply you with original and creative work. What You Should Do About Write Term Papers Starting in the Next Eight Minutes The topic needs to be specific, and you might come up with it should you get started thinking over some general ones. Actually, virtually every subject will ask that you write such an undertaking. If your introduction is well-prepared, it is going to be quite complacent in regards to the body of your undertaking. An excellent introduction is composed of hook to catch the reader's attention, a brief description of a problem, and a thesis statement. Weigh the pros and the cons of picking the topic and, in case you have nothing else to question, then it's better to g o. In the introduction you say what issue you're going to study and the way you're likely to do it. You may still revise your topic if you believe your present one isn't good enough. Be ready to modify the topic if you find out your research isn't going anywhere. If You Read Nothing Else Today, Read This Report on Write Term Papers Write as much as possible. Custom made papers are written to the customer's specifications. In the event you're not pleased with the work which has been delivered to you, you can request a revision that's done absolutely free. You may try to write down the crucial points for your term paper in various sequences. There are lots of paper templates to pick from, but the majority of the time your instructor will require a specific format for the entire class to follow. Term papers with headings are likewise a wonderful means to present information since they arrive in an organized format. Writing a paper will boost your competence in some specif ically substantial area. Students build upon the ideas and ideas of others to raise their understanding and generate original thought. When they consider getting academic writing help from a writing service, it is understandable there may be concerns about plagiarism. Sometimes they think it's too long or too difficult to buy term papers on the Internet, but it's certainly not with our company. The majority of the moment, the expression paper is employed in grading students which means that whatever grade you will score on it'll greatly impact your general grade at the close of the semester. Coming up with a great term paper is one of the essential battles students face towards the conclusion of the semesters. After the overall application is filed, students could possibly be selected to take part in a web-based interview. As much you would like to try and be a self-reliant student and run all of your academic duties on your own, there are challenges that you maynot avoid. The information that you've gathered from your analysis and critical research should be synthesized that you join the dots. In the beginning stages of your research, investigate everything it is possible to discover on the topic. Even though you may select an outstanding subject, you should carry out little investigating to check whether there is sufficient details on a subject. Thus, you can pick any topic you're interested in. Therefore, if you want us to compose your term paper, here are merely some of the remarkable characteristics you'll enjoy! The principal parts should incorporate an introduction, a body, and a conclusion. Let's consider the procedure for writing term paper step-by-step. Think as someone who's going to read your paper. Oftentimes, it is significantly more advisable to use term paper writing services. Nevertheless, however well it's possible to write a term paper, you will fail if it's formatted wrong. If you opt to receive our term paper help the procedure is very uncomplicated. A term paper isn't only about starting well. Writing a term paper can be hard on account of the quantity of research and detail it requires for one to successfully compose an excellent paper.
Saturday, May 23, 2020
Yitzhak Rabin Assassination
On November 4, 1995, Israeli Prime Minister Yitzhak Rabin was shot and killed by Jewish radical Yigal Amir at the end of a peace rally in Kings of Israel Square (now called Rabin Square) in Tel Aviv. The Victim: Yitzhak Rabin Yitzhak Rabin was the prime minister of Israel from 1974 to 1977 and again from 1992 until his death in 1995. For 26 years, Rabin had been a member of the Palmach (part of the Jewish underground army before Israel became a state) and the IDF (the Israeli army) and had risen up the ranks to become the IDFs Chief of Staff. After retiring from the IDF in 1968, Rabin was appointed the Israeli Ambassador to the United States. Once back in Israel in 1973, Rabin became active in the Labor Party and became the fifth prime minister of Israel in 1974. During his second term as Israels prime minister, Rabin worked on the Oslo Accords. Debated in Oslo, Norway but officially signed in Washington D.C. on September 13, 1993, the Oslo Accords were the first time that Israeli and Palestinian leaders were able to sit down together and work toward a real peace. These negotiations were to be the first step in creating a separate Palestinian state. Although the Oslo Accords won Israeli Prime Minister Yitzhak Rabin, Israeli Foreign Minister Shimon Peres, and Palestinian leader Yasser Arafat the 1994 Nobel Peace Prize, the stipulations of the Oslo Accords were extremely unpopular with many Israelis. One such Israeli was Yigal Amir. The Assassination of Rabin Twenty-five year old Yigal Amir had wanted to kill Yitzhak Rabin for months. Amir, who had grown up as an Orthodox Jew in Israel and was a law student at Bar Ilan University, was completely against the Oslo Accords and believed Rabin was trying to give Israel back to the Arabs. Thus, Amir viewed Rabin as a traitor, an enemy. Determined to kill Rabin and hopefully end the Middle East peace talks, Amir took his small, black, 9 mm Beretta semi-automatic pistol and tried to get close to Rabin. After several failed attempts, Amir got lucky on Saturday, November 4, 1995. At the Kings of Israel Square in Tel Aviv, Israel, a peace rally in support of Rabins peace negotiations was being held. Rabin was going to be there, along with approximately 100,000 supporters. Amir, who was posing as a VIP driver, sat idly by a flower planter near Rabins car as he waited for Rabin. Security agents never double checked Amirs identity nor questioned Amirs story. At the end of the rally, Rabin descended down a set of stairs, heading from city hall to his waiting car. As Rabin passed Amir, who was now standing, Amir fired his gun at Rabins back. Three shots rang out at very close range. Two of the shots hit Rabin; the other hit security guard Yoram Rubin. Rabin was rushed to the nearby Ichilov Hospital but his wounds proved too serious. Rabin was soon declared dead. The Funeral The assassination of 73-year-old Yitzhak Rabin shocked the Israeli people and the world. According to Jewish tradition, the funeral should have been held the following day; however, in order to accommodate the large number of world leaders that wanted to come give their respects, Rabins funeral was pushed back one day. Throughout the day and night of Sunday, November 5, 1995, an estimated 1 million people passed by Rabins coffin as it laid in state just outside the Knesset, Israels parliament building.* On Monday, November 6, 1995, Rabins coffin was placed in a military vehicle that had been draped in black and then slowly driven the two miles from the Knesset to the Mount Herzl military cemetery in Jerusalem. Once Rabin was at the cemetery, sirens across Israel blared, stopping everyone for a two-minute moment of silence in Rabins honor. Life in Prison Immediately after the shooting, Yigar Amir was apprehended. Amir confessed to assassinating Rabin and never showed any remorse. In March 1996, Amir was found guilty and sentenced to life in prison, plus extra years for shooting the security guard. * World Pauses for Rabin Funeral, CNN, November 6, 1995, Web, November 4, 2015. http://edition.cnn.com/WORLD/9511/rabin/funeral/am/index.html
Tuesday, May 19, 2020
John Steinbecks East of Eden - A Study in Human Development
East of Eden: A study in human development The characteristics of people are formed by multiple factors. In many situations, children are raised under similar conditions, however, their later characteristics and life choices are very different. In the book, East of Eden, author John Steinbeck explores the development of humans, from childhood, to adulthood, and eventually, to death. East of Eden, by John Steinbeck, is a genealogical novel about the lives of the Trasks, particularly the main character in the book, Adam Trask. Along the way, the Hamiltons, Ames, and many other characters are introduced. Steinbeck makes a point of showing the continually changing nature of some characters, while describing the ceaselessâ⬠¦show more contentâ⬠¦From reading such descriptions, Steinbeck plants in the readers mind that actions are inherited. He seems to say that all people act as those before them. Soon after, Steinbeck counteracts this image in his descriptions of Kate (Cathy Ames). Kate was born into a ordinary situation. She had loving parents and all the necessities of life. But, from the time she was born, there was a factor to her, something unknowable. Cathy Ames was born with the tendencies, or lack of them, which drove and forced her all of her life. Some balance wheel was misweighted, some gear out of ratio. She was not like other people, never was from birth. . . . . As a child may be born without an arm, so may one be born without kindness or the potential of a conscience (526). Cathyââ¬â¢s parents never understood why their daughter was different nor what exactly made her that way. Mr. Ames came in contact with other children away from his home and he felt that Cathy was not like other children. It was a matter more felt than known. He was uneasy about his daughter but he could not have said why (528). Cathy was different from others, much of the book is devoted to examining this difference, but no answers are ever found. The trouble is that since we cannot know what she wanted, we will never know whether or not she got it (603). There are other characters in the book that evolve similarly; with unknown reasons to be the way the become.Show MoreRelatedEssay Biblical Allegories in Modern Literature1378 Words à |à 6 PagesJohn Milton, in his epic poem ââ¬Å"Paradise Lost,â⬠expresses that ââ¬Å"the mind is its own place, and in itself can make a heaven of hell, a hell of heavenâ⬠(Milton). This idea not only counteracts the basic ideals of C hristianity but simultaneously disrupts the widely accepted idea of a separated heaven and hell and the expectations needed to be met to achieve entry. Religion and the bible, two of the most widely disputed topics in history, serve as a muse for authors to explain humanityââ¬â¢s fatal flaws
Friday, May 15, 2020
The Importance Of Good Communication Between Parents And...
Student Learning Outcomes Author Article Title Describe Relevance SLO #1 Hyde, A., Drennan, J., Butler, M., Howlet, E., Carney, M. Lohan, M. Parents constructions of communication with their children about safer sex. Many writing and studies have been made about the importance of good communication between parents and children for safe sex education however few studies explain how specifically they should do. Most parents recognize willing to communicate with their children about sexuality but really only a minority speaks directly about contraceptive methods. SLO #2 Grossman, M.J., Frye, A., Charmaraman, L. Family homework and school-based sex education: Delaying early adolescents ââ¬Ësexual behavior Sexual intercourse at an early age has a negative impact on educational and health outcomes. In this study was evaluated an intervention designed to improve sex education of adolescents through involvement in homework activities with the family. SLO #3 Kwon, A.J.,Wickrama, K.A.S. Linking family economic pressure and supportive parenting to adolescent health behavior: Two pathways leading to health promoting and health risk behaviors. Adolescent health behaviors have been associated to two important factors: supportive parenting and family economic pressure. However is still not established well as these two factors determine the adolescent health behavior. In this study supportive parenting, delinquency and mastery were used as potential mediators. SLO #4 Kahn, E.R., Holmes,Show MoreRelatedEffective Topics For Parents And Children About Sex1618 Words à |à 7 Pagespaper discusses effective topics for parents to teach their children about sex. The author has stated within the paper what age group should be taught certain things pertaining to sex. The author states the importance of parents talking to children about sex, before their first sexual encounter, and its importance in preventing pregnancy and sexually transmitted infections or diseases. It states that with effective communication, between a child and their parent, it can increase the willingness ofRead MoreSex Education and the American Family Essay1345 Words à |à 6 Pagesschools teach sex education?â⬠has been asked in American households; and many families have agreed that they would rather not have the schools teach sex education to their children. In each region of the country, there are families that feel the money should not fund sex education, especial ly funds put into public education, because that is ââ¬Å"a duty for the parents.â⬠A question remains, however, why people do not discuss sex with their children, and does this lack of communication between child and parentRead MoreAbortion And The Side With Academic Education1533 Words à |à 7 PagesMy cousin is one of numerous people out there wishing to have a baby. In contrast, people in the world are using abortion as a just-normal action, and let their children go as they were never existed. Misguided conceptions about abortion has become a forwarding for this action. Promoting moral education by the side with academic education can help ease this touchy problem. It could take a long time to achieve, but educating solution can be applied in a wide range and have a deep effects on peopleRead MoreLow Income Black And Hispanic Adolescent Females Essay1532 Words à |à 7 Pageswe targeting low-income black and Hispanic adolescent females you may ask? They are at higher r isk, than other ethnicities, for acquiring an STD and/or experiencing an unplanned pregnancy. Increased utilization of dual contraception is of great importance in these communities. Adolescent females in general are less likely to use dual forms of protection from STDââ¬â¢s and unplanned pregnancy. Young women, due to their anatomy tend to be more susceptible to STDââ¬â¢s than are young men. Black and HispanicRead MorePersuasive Essay On Sex Education1532 Words à |à 7 Pagesââ¬Å"The first time a parent names parts of the body, including the genitals, to a toddler or preschooler, sex education has begun (New York Times).â⬠Although some argue they are too young; sex and drug education should be taught to every student in elementary schools across the nation. Prevention is key; education can teach these children valuable lessons that may save their life. Drug abuse in this country has reached an all new high with some of the most dangerous drugs we have ever encounter ed, andRead MoreUnsafe Sex Practice3833 Words à |à 16 PagesUnsafe sex or unprotected sex describes sexual contact of any form that takes place in the absence of a condom normally used in preventing the risk of sexually transmitted infections and HIV (Chambers, 2010). The World Health Organisation (2004) considers all the consequences that can arise from unsafe sex practice and came up with a broader definition stating that any sexual contact that can lead to unwanted pregnancy, abortion, infertility, unstable mental conditions and cancer arising from certainRead MoreTeaching Abstinence and Abortion in Junior High Sex Education862 Words à |à 4 PagesAbortion in Junior High Sex Education 1. The two most important topics for a junior high sex education curriculum I think would be abstinence and abortion. Teens these days are struggling in a world that tells us sex is necessary for people who are dating. As a result, many teens give in to their desires and the pressures and engage in sexual relationships. This occurs from early to late adolescence and beyond. Supporting teens choices, schools teach safe sex. In my school a groupRead MoreChildren And Young People Are Best Cared For By Their Own Families1501 Words à |à 7 PagesThe Children Act 1989 à ¢Ã¢â ¬Ã¢â¬Å" Local authorities, courts and parents, together with other agencies in the UK were allocated duties to ensure children and young people are safeguarded, and to promote their welfare. The idea is that children and young people are best cared for by their own families, but provisions are made for those parents and families that are unable to co-operate with statutory bodies. 7) Any delays in the system when a childà ¢Ã¢â ¬TMs welfare is at risk will have a detrimental impact onRead MoreTeenage Pregnancy Research Paper2232 Words à |à 9 Pagesfemales but males as well; it causes serious health and education problems. ââ¬Å"Nearly 4 out of 10 girls become pregnant at least once before the age of 20.â⬠() Most teens get pregnant because they want to know what it feels like to raise a child or because they see others with children and they find them cute and want them to themselves. Others get pregnant because they donââ¬â¢t know about the different ways of contraception and ways to stay safe. Many girls struggle with teen pregnancy because of theirRead MoreConceptualizing a Business Essay1417 Words à |à 6 PagesCONCEPTUALIZING A BUSINESS WILLIAMS QUIROGA BUS/475 JULY 18, 2011 TOSH STUART Abstract In this present paper, I will explain the importance of the Arcoiris daycare to the community and how this service is helpful for people that are unable to take care their children. Arcoiris Daycare was open on June 19, 2009. This home daycare provides services for children of varying ages including infants, toddlers and pre-school. Arcoiris daycare hours of operation are Monday through Friday from 8 am to
Tuesday, May 12, 2020
Multicultural Education Essay - 753 Words
Multicultural Education What is multicultural education, and how is it relevant to science instruction? Over the past decade, educators have ignored this question and instead, they have focused on ways and methods of incorporating multiculturalism in the humanities. In the most recent assessment of Virginias Science Standards of Learning, Virginia received a grade of D, almost failing, in part because of the absence of a multicultural approach towards instruction. In research and discussions with professionals in the fields of both elementary science and multicultural education, we learned and discussed numerous ways for teachers to consider this crucial element in their classrooms. In particular, Virginia educators must stress theâ⬠¦show more contentâ⬠¦In an interview with Dr. C, a leading educator in multicultural issues, we learned that recognizing diversity facilitates a more active learning experience for the student because it emphasizes understanding in terms of different perspectives rather than just learning the facts. Children are not all the same, and consequently, the way that they all do science will not be the same. According to a computer science professor, Were up against something cultural (Cone, P. 1, 1998) as far as diversity in science fields. As a result, teachers must find a way to make science appealing to everyone, and multicultural education is one way to facilitate communication in all subjects between students, their teachers, and the rest of society. In Virginia, the Standards of Learning mostly ignore the issues of multiculturalism in science and this must change in order to ensure the development of multicultural education in the Virginia sciences. It is vital that students understand not only the hows and whys of science, but also the whos. Children have a strong image of a white male, with glasses and messy hair, as the standard scientist (Chambers, 1983), but it is our job to erase that image and show them that scientists look just like them. In fact, there are scientists of every race, ethnicity, gender, and socioeconomic background. Teachers need to provide thisShow MoreRelatedMulticultural Education And Multicultural Schools1210 Words à |à 5 PagesIntroduction There have been multiple definitions for Multicultural definition which has become so imperative. Multicultural education alludes to any form of education or teaching that incorporates the histories, texts, values, beliefs, and perspectives of people from differe nt cultural backgrounds (Bank).America is considered to be a ââ¬Å"melting potâ⬠because of the many people who have immigrated in search of a better life. Immigrants have brought with them their own unique cultures. Different gendersRead MoreMulticultural Education : A Multicultural Classroom960 Words à |à 4 PagesAn additional aspect to a perfect education system would be the use of multicultural education in schools. Multicultural education creates a comfortable environment for students of all races and ethnicities to learn in by combining a variety of ideals about teaching. According to Geneva Gay, the creator of multicultural education, one of these ideals is understanding the cultural characteristics and cultural contributions of different ethnic groups, such as the values of different ethnic groups,Read MoreA Multicultural Education956 Words à |à 4 Pagesstatics in the Kim article were staggering. Being in education for 17 years I have personally seen the change in the student demographics. However Kim summarizes the truth that the demography of the educators has not changed. The introduction focuses on the state of crisis in education involving the achievement gap. This study is focused not just on ethnicity, but also socioeconomic status. From this study the cause to look at multicultural education is very evident. The main area of the paper willRead MoreMulticultural Education And Educational Education770 Words à |à 4 Pagesthe definition of multicultural education is defined in sociopolitical context and relates to comprehension of school reform. Namely, the multicultural education works in reforming schools and providing an equal and excellent education for everyone. Likewise, the author gave a definition of multicultural education based on her experience surrounding education environment. She divides multicultural education into seven basic characteristics: antiracist education, basic education, important for allRead MoreIssues in Multicultural Education900 Words à |à 4 PagesIssues in Multicultural Education Effective instructors must understand the issues that impact multicultural education in the United States. The significance of providing an eminence instruction in an unbiased approach to all of their students is essential. The tide of demographic changes in the United States has affected most classrooms in our schools. As a result, some classroom teachers realize they must quickly acquire a comprehensive understanding of ethnic, cultural, and social-class diversityRead MoreEssay on Multicultural Education1681 Words à |à 7 PagesMulticultural Education History/Past Challenges: One of the major goals of the American school system is to provide all children with equal educational opportunity. However, with regard to minority students, meeting this particular objective has presented a real challenge to educators as they have been confronted with the task of reshaping education in the multilingual, multicultural society that characterizes the United States. Many significant events contributed to the needRead MoreThe Problem Of Multicultural Education Essay1682 Words à |à 7 PagesProblem in Multicultural Education The common topic of the three articles is multicultural education. In the article, ââ¬Å"Faculty perceptions of multicultural teaching in a large urban university,â⬠the authors believe that ââ¬Å"lack of understanding of multicultural teaching is evident in spite of the growing literature on theories of multicultural education and data documenting best practicesâ⬠(Bigatti, S. M., et. al, 2012, p. 78). The authors of this article defines the meaning of the multicultural teachingRead MoreMulticultural Education And Its Importance1205 Words à |à 5 PagesMulticultural Education and Its Importance in Schools and Society. Multicultural education is a term used to describe a wide variety of programs and practices. Multicultural instruction may be a thought alternately an idea that know understudies ought to have an rise to good fortune to take in over class in any case about their gender, social class, Also racial/cultural qualities. Multicultural training will be likewise a instructive change development. It includes downright one school alternatelyRead MoreMulticultural Education Essay1031 Words à |à 5 PagesMulticultural education refers to applying various aspects of different learning styles and techniques to reach children of different racial, cultural and linguistic backgrounds. Because the extent of these variations is so diverse, educationists have begun to integrate material within the classroom to ensure each child is efficiently and equally benefitting scholastically. There are some Americans however, who disagree with multicultural education; these people think that multicultural educationRead MoreThe Goals Of Multicultural Education1169 Words à |à 5 Pages1. There are three goals in multicultural education. None are necessarily more important than the other but they are vital to ensuring that every child, regardless of race, gender, sexuality, age, or ability, are granted the same level of education they need to succeed. The first is tackling inequality and promoting access to an equal education. Many minority children will have already been faced with some form of discrimination by the time theyââ¬â¢ve reached the classroom. It is the teacherââ¬â¢s job to
Wednesday, May 6, 2020
Mahatma Gandhi The Most Complex Kind Of Bravery
To Stand Alone Mahatma Gandhi once remarked, ââ¬Å"It is easy to stand in the crowd but it takes courage to stand alone,â⬠(ââ¬Å"Mahatma Gandhi Quotesâ⬠) The powerful words of Indian independence activist Gandhi ring in the ears of people around the world, even seventy-five years after his assassination. Throughout his life, people revered the Hindu leader for his peaceful, strong protests, as well as, his courage. Proceeding humbly in his life efforts, Gandhi the most complex kind of bravery as he led others to stand against unfair colonial practices in India. However, stretching even further than his bravery in the moment, Gandhiââ¬â¢s courage incited action all around the world, and encouraged people to see the power in non-violence(ââ¬Å"Mohandas Gandhiâ⬠). In Harper Leeââ¬â¢s novel To Kill a Mockingbird, Scout observes a spectrum of courage in her town. Through the people of Maycomb, Scoutââ¬â¢s definition of courage evolves from a simple defiance of oneââ¬â¢s f ears, to facing human opposition, to standing up to an idea that strikes all of society, like the bravery of Gandhi. Her changing perception illustrates that courage is not just a personal victory, but often an impetus that changes the lives of a whole community. During Scoutââ¬â¢s early childhood, her understanding of courage is simple and literal, and through her brother Jem, she learns that that courage often means nothing more than personal victory, conquering an intrinsic fear. For example, in an encounter with simple courage Scout watches
Chapter 31 Essential Questions Essay - 1072 Words
Chapter 31 Essential Questions 1. How and why did America turn toward domestic isolation and social conservatism in the 1920s? Americans turned toward domestic isolation and social conservatism in the 1920s because of the red scare. Many people used the red scare to break the backs of all struggling unions. Isolationist Americans had did not have a lot of hope in the 1920s. There began to be a large amount of immigrants flowing into the US. During 1920-1921, over 800,000 immigrants had come. This type of immigration was known as the New Immigration. The Emergency Quota act of 1921 and the Immigration Act of 1924 severely limited immigration and was taken from the census of 1890 rather than 1910, because 1890 was a huge immigrationâ⬠¦show more contentâ⬠¦People wouldnââ¬â¢t like Japanese, Chinese, Italians, Irish, etc. As for assimilation, many people come to this country with no intention of ever becoming Americans. They want to be known as Americans. A lot of the immigrants didnââ¬â¢t want to pay taxes or learn English, except work at a really low wage and steal jobs. 4. Why did critics like Horace Kallen and Randolph Bourne dislike the pressure on immigrants to ââ¬Å"Americanizeâ⬠and join the ââ¬Å"melting potâ⬠? What did they envision that America should be like under the ideals of ââ¬Å"cultural pluralismâ⬠? Critics like Horace Kallen and Randolph Bourne, who was a progressive writer and public intellectual from New Jersey, both disliked the pressure on immigrants to ââ¬Å"Americanizeâ⬠and join the ââ¬Å"melting potâ⬠because they felt that Americanism should not be associated with Anglo-Saxonism. Randolph said that the US should put up immigrant cultures into a cosmopolitan America instead of forcing immigrants to get used to Anglophilic culture. 5. How did some of the events of the 1920s reflect national conflict over social, cultural and religious values? The Red Scare reflected the fear of Americans which they had of communists infiltrating the US government. Sacco and Vanzettiââ¬â¢s arrest and execution made foreigners fear America even more, especially the anarchists. This caused worldwide dispute over whether they were givenShow MoreRelatedSex-Linked Traits Through Meiosis and How It Relates to Genetics.1609 Words à |à 7 Pagesslightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Simon, E. J., Reece, J. B., Dickey, J. L. (2010). Essential biology with physiology. (3rd ed.). San Francisco, CA: Pearson/Benjamin Cummings. All electronic materials are available on the student website. |Week One: Cell Biology Read MoreRole Of Women In India1228 Words à |à 5 Pagesemployment in the organized sector (Rustagi, 2004). 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What is CosmicRead MoreMicrosoft Office and Following Chapter Assignments973 Words à |à 4 Pagesin this chapter ââ¬â August 27 â⬠¢ Assignment One ââ¬â found on Blackboard â⬠¢ Complete the online quiz for this chapterââ¬â found on Blackboard Office 2010 Windows 7: Essential Concepts and Skills Pages OFF -1 through OFF - 80 Deadline for all work in this chapter ââ¬â August 27 â⬠¢ Assignment Two ââ¬â found on Blackboard â⬠¢ Complete the online quiz for this chapterââ¬â found on Blackboard Outlook Pages OUT - 1 through OUT - 48 Deadline for all work in this chapter - August 31 Read MoreCounseling Ethics Critical Thinking1196 Words à |à 5 Pages4th ed., Chapter 3 Authors: Kenneth Pope and Melba Vasquez The authorsââ¬â¢ main purpose of this chapter is to teach the importance of examining our ethics through the lenses of critical thinking. In general, critical thinking is being able to learn new material with an open mind and having a heightened level of self-awareness of our biases and how our biases impact the analysis of information. A critical thinking approach when applied to the logical analysis of journal articles, chapters or entireRead MoreThe Question Of Canon As A Good Deal Of Modern Day Biblical Scholarship Essay1199 Words à |à 5 PagesIntroduction In his book The Question of Canon, Michael Kruger disputes the overriding image in a good deal of modern-day biblical scholarship, which regards the concept of canon as something completely extraneous from early Christian religion and as merely an ecclesiastical production of the second through fourth centuries. While answering different tenets of this view; what he defines as the extrinsic model, Kruger proposes the merits of an mutually exclusive model, which he defines as the intrinsicRead More Fairy Tales and Gender Roles Essay example1172 Words à |à 5 Pagesabout fairy tales we know to be true. They begin with once upon a time. They end with happily ever after. And somewhere in between the prince rescues the damsel in distress. Of course, this is not actually the case. Many fairytales omit these essential words. But few fairytales in the Western tradition indeed fail to have a beautiful, passive maiden rescued by a vibrant man, usually her superior in either social rank or in moral standing. Indeed, it is precisely the passivity of the women in fairyRead MoreEssay on Islam The Straight Path989 Words à |à 4 Pageson world history and politics. He discusses the formation of Islamic belief and practice (law, theology, philosophy, and mysticism), chronicling the struggle of Muslims to define and adhere to their Islamic way of life. Equally important is the essential information Esposito provides on the contemporary world of Islam, from Muslim responses to the challenges of colonialism and modernization to the reassertion of Islam in politics and society. This introductory book in the teaching of Islam andRead MoreIslam the Straight Path1014 Words à |à 5 Pageson world history and politics. He discusses the formation of Islamic belief and practice (law, theology, philosophy, and mysticism), chronicling the struggle of Muslims to define and adhere to their Islamic way of life. Equally important is the essential information Esposito provides on the contemporary world of Islam, from Muslim responses to the challenges of colonialism and modernization to the reassertion of Islam in politics and society. 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Pfizer Strageic Plan Free Essays
string(19) " we work and live\." OUTLINE FOR THE STRATEGIC PLAN Please bullet your responses. Staple the completed assignment; do not spend any money binding the assignment. Make sure to respond to every item. We will write a custom essay sample on Pfizer Strageic Plan or any similar topic only for you Order Now I. GETTING STARTED A. Steps in Strategic Management Process Step 1 |Identify the organizationââ¬â¢s mission, vision, and value statement | |Step 2 |Determine the firms main business and organizational objectives | |Step 3 |Conduct a SWOT analysis identifying the companyââ¬â¢s strengths, weaknesses, opportunities, and threats | |Step 4 |Construct a Competitive Profile Matrix (CPM) | |Step 5 |Construct an External Factor Evaluation (EFE) Matrix | |Step 6 |Construct and Internal Factor Evaluation (IFE) Matrix | |Step 7 |Construct a Value Chain Analysis | |Step 8 |Prepare a SPACE, BCG, TOWS Analysis, and QSPM Matrix | |Step 9 |Use the data above to weigh alternative strategies, make strategic recommendations, develop a plan of action | | |(implementation), and convey the ROI | |Step 10 |Construct Contingency Plan | B. Information and/or materials used to complete assignment â⬠¢ Resources used in completing the assignment are as follows: Strategic Management Concepts and C asesââ¬â¢ 12th edition textbook, SP 500 website, Yahoo Finance, Bloomberg. com, Pfizer. com, Google Finance, Reuters. om, and Google search engine including the web pages cited on the Works Cited page. C. Time Frame â⬠¢ My goal is to actively work on a portion of the outline everyday and have it completed to its entirety by the time it is due; therefore I will not have to rush to get it done last minute. D. Resources Needed ââ¬â all resource your team used to complete this assignment â⬠¢ FAMU database, online articles, company website. II. MANDATES (ââ¬Å"MUSTSâ⬠) -CLARIFYING/UNDERSTANDING A. History/Evolution of the Organization â⬠¢ Pfizer was founded in 1849 by Charles Pfizer and Charles Erhart in Brooklyn, New York and has remained dedicated to improving the health and well being of individuals around the world. The demand for Pfizerââ¬â¢s products soared throughout the Civil War as the demand for painkillers, disinfectants and preservatives increased. In 2000, Pfizer and Warner-Lambert merge to form the new Pfizer, which created the worldââ¬â¢s fastest growing Pharmaceutical company. In 2008, Jeff Kindler, Chairman and CEO of Pfizer, announces the next step in the companyââ¬â¢s evolution and outlines the companyââ¬â¢s plan to establish smaller operating units designed to enhance innovation and accountability, while drawing upon the advantages of Pfizerââ¬â¢s scale and resources. On October 15, 2009, Pfizer acquires Wyeth, creating a company with a broad range of products and therapies that touch the lives of patients and consumers every day and at every stage of life. In 2010, Pfizer announces a diversified R platform named Pfizer Worldwide Research and Development, supporting excellence in small molecules, large molecules and vaccine research and development. As apart of the acquisition of Wyeth in 2009, Pfizer initially implemented a two-division structure for research and development (BioTherapeutics and PharmaTherapeutics) to ensure the progress and steady integration of both legacy organizations. Due to the speed and effectiveness of that integration, Pfizer progresses to this new model while maintaining the same breadth and research programs. On December 1 and 2 2011 Pfizer completed the acquisitions of Excaliard Pharmaceuticals and Ferrosan Consumer Healthââ¬â¢s Business, respectively. B. Identify formal aspects of the organization â⬠¢ Corporate Governance Include: Board of Directors, Board Committees, Code of Ethics, CEO/CFO Certifications, Executive Officers, Policy and Procedures for Accounting and Legal Complaints â⬠¢ Pfizer has created two distinct research organizations. The PharmaTherapeutics Research Development Group focuses on the discovery of small molecules and related modalities; and The BioTherapeutics Research Development Group focuses on large-molecule research, including vaccines. The goal with Pfizer doing this is to maximize opportunities within the Biomedical research sector. â⬠¢ Pfizer has also developed an enhanced commercial operating structure. Pfizer has nine diverse health care businesses: Primary Care, Specialty Care, Oncology, Emerging Markets, Established Products, Consumer Healthcare, Nutrition, Animal Health and Capsugel. Each of these businesses is led by an executive with clear accountability for results ââ¬â from product development following proof of concept to providing access to patients and through to the end of the productââ¬â¢s life cycle. B. Identify informal aspects culture of the organization â⬠¢ Pfizer is sustained on innovation, which seeks a nourishing environment in which ideas and perspectives can flourish. It is an array of unique characteristics, perspectives, and life experiences. Pfizer Colleague Resource Groups (CRGs) are organized by colleagues who join together to provide a positive forum for professional development. By embracing diversity of thought and experience, our CRGs help drive innovation and build on our success. â⬠¢ David Simmons, the president and general manager of the Established Products Business Unit at Pfizer. Simmons has been highly successful at building a new, non-traditional culture within Pfizer for his business unit. One example of this was that Simmons was able to product high quality drugs at affordable costs, and he did this as high grossing patents were near expiration III. VISION STATEMENT, MISSION STATEMENT VALUES STATEMENT ANALYSES A. Vision Statement At Pfizer, weââ¬â¢re inspired by a single goal: your health. Thatââ¬â¢s why weââ¬â¢re dedicated to developing new, safe medicines to prevent and treat the worldââ¬â¢s most serious diseases. And why we are making them available to the people who need them most. We believe that from progress comes hope and the promise of a healthier world. B. Vision Statement Analysis ââ¬â Does it answer the question ââ¬Å"What to do we want to become? â⬠If not, revise it. If organization does not have one, create one. â⬠¢ Yes, I believe that it answers the question as to what they want to become. Its states that they are dedicated to developing new ways to prevent and treat diseases. C. Values Statement Pfizer does not have a value statement. D. Value Statement Analysis ââ¬â Does it represent the organizationââ¬â¢s guiding principles? If not, revise it. If organization does not have one, create one. â⬠¢ Pfizer will work to provide the best quality drugs that will cater to the most people. We will ensure that as a company we will work to do what is best for our patients, physicians and consumers. B. Mission Statement â⬠¢ We will become the worldââ¬â¢s most valued company to patients, customers, colleagues, investors, business partners, and the communities where we work and live. You read "Pfizer Strageic Plan" in category "Essay examples" D. Mission Statement Analysis ââ¬â Does it have the 9 components? If not, revise it to include all 9 components. If organization does not have one, create one. â⬠¢ No, the mission statement does not include all the nine components. After revising the mission statement, it should be read: o We will become the worldââ¬â¢s most valued company to patients, customers, colleagues, investors, business partners, and the communities where we work and live. We will ensure that we provide products of the best quality at affordable prices to all. We will work hard to ensure that we keep up with the needs and problems of our consumers and provide what is best. We will continue to promote the well-being of our consumers as well as the well-being of our shareholders and employees as well as promote diversity. We will keep abreast of the ever-changing technology to ensure that they needs of our consumers are met at all times and also that we will not become obsolete to our customers. We will forever be dedicated to developing new, safe medicines to prevent and treat the worldââ¬â¢s most serious diseases. And why we are making them available to the people who need them most. |List each of the 9 components |Excerpts from Mission Statement addressing the component | |1. Customers |We will work hard to ensure that we keep up with the needs and problems of our consumers and provide what is| | |best. | |2. Products or Services |We will ensure that we provide products of the best quality at affordable prices to all. | |3. Markets |We will ensure that we provide products of the best quality at affordable prices to all. | |4. Technology |We will keep abreast of the ever-changing technology to ensure that they needs of our consumers are met at | | |all times and also that we will not become obsolete to our customers. | |5. Concern for survival, growth, and profitability|We will keep abreast of the ever-changing technology to ensure that they needs of our consumers re met at | | |all times and also that we will not become obsolete to our customers. | |6. Philosophy |We will forever be dedicated to developing new, safe medicines to prevent and treat the worldââ¬â¢s most serious| | |diseases. And why we are making them available to the people who need them most. | |7. Self- Concept |We will become the worldââ¬â¢s most valued company to patients, customers, colleagues, investors, busines s | | |partners, and the communities where we work and live. | |8. Concern for public image |We will continue to promote the well-being of our consumers as well as the well-being of our shareholders | | |and employees as well as promote diversity. | |9. Concern for employees |We will become the worldââ¬â¢s most valued company to patients, customers, colleagues, investors, business | | |partners, and the communities where we work and live. | IV. ASSESSING EXTERNAL ENVIRONMENT A. Identify Opportunities / Threats ââ¬â Analyze trends in the following areas: political, legal, competitive, economic, social, cultural, demographic, technological, environmental, and governmental. Provide at least 1 opportunity 1 threat for each of the 10 areas. Provide responses in bullet format. Political | |Opportunity |Threat | |Measures taken to close the Coverage gap also known as the donut hole may |New Health care Reform Bill was put in place 2010. This law requires drug | |result in people using more brand name drugs rather than buying generic. 9 |producer s to make rebates to state Medicaid agencies based on their costs to | | |provide prescription drugs to Medicaid beneficiaries. | | |Constant pressure to lower prescription drug prices from the government2 | |Legal | |Opportunity |Threat | |Acquisitions and in-licensing /co-development opportunities such as recent |Expiration of Patents for drugs, face a loss of up to billions of dollars due | |acquisitions of Excaliard and Ferrosan Consumer Healthââ¬â¢s Business in December |to generics taking market share. For example, Lipitor, which grossed 11 billion| |2011 may help Pfizer meet unmet needs of their customers. 23 |in revenues last year expired November 28, 2011. This means that other | | |companies are allowed to produce the generic version of the drug. 2 | | |Number of New Molecular Entities approved by the FDA has declined. In 2009, | | |NMEs approved were 26 and 2010 were 21. 2 | | |Beginning of 2011 was a series of new fees in the form of excise taxes payable | | |to the federal government. 12 | |Competitive | |Opportunity |Threat | |Barriers for additional companies to enter the market are high. 4 |French drug maker Sanofi-Aventisââ¬â¢ $20 billion acquisition of Genzyme Corp. | | |completed in April 2011 | | |Fierce competition among Pharmaceutical companies such as Proctor Gamble and | | |Johnson Johnson. | | |Japanese drug sales are also expected to expand with current sales of 60 | | |billion, 11% of the world market share. | |Economic | |Opportunity |Threat | |Dema nds for certain drugs are relatively inelastic. 4 |Based on the projected losses due to loss of market share, Pfizer has shed | | |53,000 and 61, 000 jobs in 2010 and 2009 respectively | | |The decline in spending in the US in the last few years | | |Revenue may be hurt by ongoing negative effects from U. S. ealth care reform | | |and austerity pricing in Europe | | |Inflation will cause an increase in cost and raise drug prices | | |Competition from newer, better drugs may be a threat to sales. For example, | | |Vivus is a new ED drug that may be able to compete with Viagra. 3 | |Social | |Opportunity |Threat | |450 million Americans are over the age of 65 and healthcare spending is the |Number of NMEs approved by the FDA has declined12 | |highest among these individuals2 | | |Humana and Pfizer Form Research Partnership to Improve Health Care Delivery for| | |Seniors in 2011. | | |Cultural | |Opportunity |Threat | |Like GlaxoSmithKline and Abbott Labs in particular ââ¬â Pf izer has its sights on |Number of legislative proposals seeking to allow importation of medicines into | |developing countries for a revenue bump. 13 |the U. S. and revenues could be affected | |Demographic | |Opportunity |Threat | |Asian drug sales are also expected to expand. For example, Takeda |77 million people by 2031 will be enrolled in Medicare and Health care and | |Pharmaceutical Company, Asiaââ¬â¢s biggest drug maker, reported an 18 percent jump |Medicare will not be able to finance this many people2 | |in first-quarter profit, helped by the sale of new medicines in the beginning | | |of 2011. 9 | | |Technological | |Opportunity |Threat | |Pfizer has plenty of drugs in its pipeline with blockbuster potential. 3 | | |Environmental | |Opportunity |Threat | |Adoption of new environmental strategies to be more socially responsible |Adverse effect on drug prices due to threat of imported drugs and threat of | | |counterfeited drugs due to importing and exporting. | B. Monitor Major Stakeholders/Stakeholder Analysis ââ¬â Customers, Competitors (list at least 3 of the organizations major competitors, Individuals in the community, Employees, Stockholders, etc. 1. Identify Stakeholders |Identify Internal Stakeholders |Identify External Stakeho lders | |Ian C. Reed- President, CEO, Director |Johnson Johnson | |Frank A. Dââ¬â¢Amelio- CFO, EVP of Business Ops. |JP Morgan Chase Co | |Mikael Dolsten- Pfizer Worldwide RD |Northern Trust | |Freda- Lewis Hall- EVP, Chief Medical Officer |Proctor Gamble | 2. Stakeholder Matrix ââ¬â classify the internal external stakeholders identified above into the appropriate boxes. High Interest/Importance, High Influence |High Interest/Importance, Low Influence | |Ian Reed |Proctor Gamble | |Frank Dââ¬â¢Amelio |Johnson Johnson | |JP Morgan Chase Co |Dow Chemical | |State Street Corporation |Merck and Co Inc. | | |Customers | | Employees | |Low Interest/Importance, High Influence |Low Interest/Importance, Low Influence | |Government |Lenders | |Insurance Companies |Suppliers | | | | | | | | | | 3. Stakeholder Analysis |Stakeholder |Responsibility of |What does organization |Stakeholderââ¬â¢s potential |Stakeholdersââ¬â¢ perceived |Stakeholder Management | | |Stakeholder to the |expect the stakeholder to |impact on the organization |attitudes and/or risks to |Strategy (SMS) | | |organization |provide? (high, medium, or low) |the organization | | | | | | | |N/A | |Investors |Fund the organization |Provide funding and |High |High Risk; Conservative | | | | |liquidity to the | |Attitude | | | | |organization | | | | | |Strategic plans and |Provide expertise, | |High Risk; Positive |Bottom-Up | |Employees |operations. Supports the|knowledge and value |High |Attitude | | | |functionality and | | | | | | |operational processes | | | | | | |Make critical decisions |Provide conceptual |High |High risk; Conservative |Top-down | |Shareholders | |knowledge and top-down flow| |Attitude | | | | |of decision making | | | | | |Meet market demands |Provide products and | |Medium Risk; Positive |N/A | |Suppliers | |services |Medium |Attitude | | External Factor Evaluation |Opportunities | | | | | |Weight |Rating (1-4) |Weighted Score | |1. Measures taken to close the donut hole may result in people using more brand |. 07 |3 |. 1 | |name drugs rather than buying generic | | | | |2. Acquisitions and in-licensing /co-development opportunities |. 06 |4 |. 24 | |3. 450 million Americans are over the age of 65 and healthcare spending is the |. 07 |4 |. 28 | |highest among these individuals | | | | |4. Expansion of the biologic pharmacy market. |. 07 |4 |. 28 | |5. Bought King pharmaceutical for $3. 6 billion which would open up more |. 06 |4 |. 4 | |manufacture and sales adding to the capital of the company (Carrie, 2009). | | | | |6. Barriers for additional companies to enter into market are high |. 05 |4 |. 20 | |7. Demands for certain drugs are relatively inelastic. |. 07 |4 |. 28 | |Threats | | | | |8. Japanese drug sales are also expected to expand with current sales of 60 |. 08 |2 |. 6 | |billion, 11% of the world market share. | | | | |9. In 2009, Pfizer got assessed a 2. 3 billion fine for which they employed illegal|. 08 |1 |. 08 | |marketing strategies. | | | | |10. Large manufacture and low research for new inductions in the market could |. 07 |2 |. 14 | |decline the profitability. | | | | |11. Constant pressure to lower prescription drug prices from the government |. 5 |2 |. 1 | |12. Number of NMEs approved by the FDA has declined |. 04 |2 |. 08 | |13. The decline in spending in the US in the last few years |. 07 |1 |. 07 | |14. Inflation will cause an increase in cost and raise drug prices |. 06 |1 |. 06 | |15. Number of legislative proposals seeking to allow importation of medicines into|. 05 |2 |. 1 | |the U. S. nd revenues could be affected | | | | |16. 77 million people by 2031 will be enrolled in Medicare and Health care and |. 06 |2 |. 12 | |Medicare will not be able to finance this many people | | | | | | |Total |2. 64 | Pfizer seems to be taking advantage of the opportunities presented as well as avoiding threats but there is still room for improvement. For example, Pfizer seems to be taking advantage of some of the acquisitions that they have had over the last two years. They are seizing the opportunities of the expanding biological pharmacy market. Starting with the acquisition of Wyeth in 2009 and then the acquisitions of Excaliard and Ferrosan Consumer Healthââ¬â¢s Business. Pfizer saw that they were not meeting the needs of some of their customers but their competitors were. Excaliard is a privately owned biopharmaceutical company focused on developing novel drugs for the treatment of skin fibrosis, more commonly referred to as skin scarring. Ferrosan Consumer Healthââ¬â¢s Business focuses on dietary supplements and lifestyle products. In addition to this, although New Molecular Entities approved by the FDA have declined, Pfizer has managed to get 3 drugs approved by the FDA in 2011 alone. Lastly, Pfizer has responded relatively well to the governmental pressure of lowering their prices as well as the Lipitor patent expiring at the end of November. Pfizer has implemented multiple rebate and discount programs to help assist their consumers. For example, Pfizer has recently partnered with Wal-Mart to offer a $4 prescription program allowing consumers to obtain their prescriptions at that low price. This helps to mitigate the complete loss of revenue and market share if consumers were to go to generic all together. I believe that the reason Pfizer did not receive a score of higher than a 3 was because a lot of these new policies have been recent (2010, 2011) and Pfizer seems to be trying to figure out how to remain profitable as well as cater to their consumers and these acquisitions are all relatively new and Pfizer seems to be just getting adjusted. Competitive Profile Matrix | |Pfizer |Johnson Johnson |Eli Lilly | |Critical Success Factors |Weight |Rating |Weighted Score |Rating |Weighted |Rating |Weighted Score | | | | | | |Score | | | |Organizational Structure |. 05 |2 |. 10 |4 |. 20 |1 |. 5 | |Price Competitiveness |. 10 |3 |. 30 |3 |. 30 |3 |. 30 | |Advertising |. 04 |1 |. 04 |1 |. 04 |4 |. 16 | |Product Quality |. 10 |3 |. 30 |3 |. 30 |3 |. 30 | |Sales Distribution |. 10 |4 |. 40 |3 |. 30 |2 |. 0 | |Customer Loyalty |. 03 |3 |. 09 |3 |. 09 |3 |. 09 | |Global Expansion |. 11 |4 |. 44 |3 |. 33 |2 |. 22 | |Market Share |. 11 |4 |. 44 |4 |. 44 |3 |. 33 | |Demographics |. 03 |3 |. 09 |3 |. 09 |3 |. 9 | |Financial Position |. 15 |4 |. 60 |3 |. 45 |2 |. 30 | |Research and Development |. 13 |4 |. 52 |4 |. 52 |3 |. 39 | |Innovation |. 10 |3 |. 30 |3 |. 30 |2 |. 20 | |Total |1. 00 | |3. 52 | |3. 16 | |2. 58 | From constructing the Competitive Profile Matrix, it is apparent that Pfizer is the strongest among the three competitors compared. V. ASSESSING INTERNAL ENVIRONMENT A. Strengths/Weaknesses |Management | |Strength |Weakness | |In June 2011, Pfizer announced strategic partnerships with ICON plc and PAREXEL|Sometimes Pfizer may have to discontinue the production of drugs; therefore the| |International Corporation, both of which will serve as strategic providers of |demand for that drug increases. |clinical trial implementation services over a five-year period beginning in | | |June 2011 | | |Adoption of new environmental strategies to be more socially responsible | | |Working with numerous companies to do collaborative work in research and | | |development. | | |Pfizer is continually developing new strategies such as plant restructuring and| | |energy master plan. | |Pfizer is divided into multiple sectors so that most leaders have a specific | | |rather than general role. | | |Pfize r expects to increase its market share from 4% to 6% by reinforcing its | | |leadership, expanding developments in high growth markets, building leadership | | |in oncology and taking advantage of RD in Asia and other countries. | |Marketing | |Strength |Weakness | |Renewed emphasis in the faster growing fields of specialty pharmaceuticals, |Co marketing with other pharmaceutical companies may slow down its global | |biologics, vaccines, and, in some cases, even generics. |growth. | |Its number one pharmaceutical from sales point of view and its marketing |Decreased amount of advertising | |infrastructure is well established throughout the world. | | |Pfizer as six markets, which include Brazil, China, Mexico, Turkey, Russia, and| | |India. | |For the ninth consecutive year, the Pfizer Pharmaceutical Sales Force was voted| | |as first overall in Verispanââ¬â¢s ââ¬Å"Pharmaceutical Sales Force Structures. | | |Human Resources | |Strength |Weakness | |Global working network wit h 95,000 workers |According the glassdoor. om, the company morale is at an all time low | |Accounting/Financials | |Strength |Weakness | |7. 5% ranking corporation market share |Prices, according to the federal government, are too high and are currently | |Sales have increased from 16. 02% in 2008 to 22. 89% in 2010. |trying to get Pfizer to cut their prices. | |High budget pharmaceutical industries having the revenue of $50 billion |Lowest Earnings per Share among competitors. For example, Pfizer has an EPS of | | |$. 48 and Johnson Johnson and Eli Lilly have an EPS of $1. 5 and $1. 11, | | |respectively. | | |The integration of large acquisitions including a pair by Pfizer ââ¬â hasnââ¬â¢t | | |resulted in s great return on equity. | | |Each new drug can cost as much as $1 billion to develop, with no guarantee of | | |success. |Internal Technology | |Strength |Weakness | |Due to the expectation of the drugs expiring and the decline and market share, |Delays caused by regu lations and the unsuccessful completion of clinical trials| |Pfizer has focused most of the RD on Biotech based treatments |reduce the potential recovery and returns of investments such as RD. | |Their research and development sector is highly established and in good | | |strength. | | |Renewed emphasis in the faster growing fields of specialty pharmaceuticals, | | |biologics, vaccines, and, in some cases, even generics. | | |Pfizer Announces Licensing Agreement With Puma Biotechnology, Inc. For The | | |Development And Commercialization Of Neratinib, An Investigational Pan-HER | | |Inhibitor | | |U. S. Food And Drug Administration Approves Pfizerââ¬â¢s XALKORIà ® (crizotinib) As | | |First And Only Therapy Specifically For Patients With Locally Advanced Or | | |Metastatic ALK-Positive Non-Small Cell Lung Cancer. | | | | |Other | |Strength |Weakness | |Chance to acquire new patents for new technological products |Currently only serving American, European and Asian markets. They are not | |Pfizer has been public in its efforts to address climate change. Our Energy and|serving African or Australian markets. | |Climate Change Program seeks to minimize the cost and operational restrictions | | |arising from a carbon-constrained environment, reduce Pfizerââ¬â¢s contribution to | | |GHG emissions, and assess the risk presented to Pfizerââ¬â¢s operations from the | | |potential physical changes resulting from a warming global climate. | |Pfizer has committed to en sure that their quality is top notch and no | | |counterfeit products have been purchased by their consumers. | | |Pfizer is committed to its outsourcing. The key considerations for outsourcing | | |decisions include the ability to supply and capacity flexibility, regulatory | | |compliance and safe practices, technology and cost competiveness. | | |Pfizer has a structure for quality. Some components include creating, | | |implementing, and upholding standard operating procedures for trial execution, | | |a quality scientific and medical design of the protocol, clinical investigator | | |and site pre-assessment and selection, regulatory agency and ethics committee | | |approval, developing and providing appropriate informed consent, adequate | | |recording and reporting of data, periodic monitoring and audits. | | B. Value Chain Analysis ââ¬â Graphically depict the organizationââ¬â¢s value chain |Infrastructure: | |-Pfizerââ¬â¢s Executive Leadership Team is the companyââ¬â¢s senior-most leadership and decision-making management body. It brings together our top leaders to focus on major | |financial, strategic and operational decisions for the company. | |-The Governance structure of Pfizer consists of an Executive Board (CEO, CFO, President), Board of Directors (Dennis Ausiello, Michael S. Brown), Shareholders (JPMorgan,| |Northern Trust, Ian Reed, State Street Corporation). | |-Pfizer has made several initiatives to ensure a diverse company culture. They also have recognized their responsibility towards their customers. Certain policies | |include: Business conduct, Lobbying and Political contributions, Sales and Marketing, Research and clinical trials, workplace standards, and laboratory animal care. 10 | |Human Resource Management: | |Pfizer has agreements with different universities and recruit from different areas of study. This serves to create a diverse environment and fosters a challenging and | |open culture. Some of their values with regards to their employees are: sustain focus on performance, create an inclusive environment, exchange open discussion and | |debate, manage change, develop people, and align across Pfizer. 2 | |Research and Development: | |Pfizer is prioritizing its research and development efforts in areas with the greatest scientific and commercial promise: immunology and inflammation, oncology, | |cardiovascular and metabolic diseases, neuroscience and pain, and vaccines. Through major research efforts across multiple modalities including small molecules, | |biologics and vaccines. | |Pfizer has set up the phases of clinical development from making the drug to administering the drug through clinical trials and then manufacturing and selling the drugs. | |2 | |Procurement: | |Pfizer is expected to increase outsourced manufacturing of products from approximately 17 percent to 30 percent over the next three years. Key considerations for | |outsourcing decisions include the ability to supply, capacity flexibility, cost competitiveness,and technology. | |Inbound Logistics: |Operations: |Outbound Logistics: |Marketing and Sales: |Service: | |Pfizer procurement professionals |-Pfizer has nine diverse health|-Pfizer has trained over 95 |-Channels of marketing include:|-Pfizer is committed to providing a | |regularly |care businesses: Primary Care, |percent of colleagues worldwide|Television, print ad and online|quality drug to their customers. | |engage with suppliers to reinforce |Specialty Care, Oncology, |in basic problem solving, which|ads. Pfizer has created programs such as | |Pfizerââ¬â¢s expectations in all |Emerging Markets, Established |has resulted in over 8,000 |-Pharmaceutical sales |the $4 Wal-Mart prescription program| |operational business areas. This |Products, Consumer Healthcare, |improvement |representatives are among the |to provide their drugs at a fraction| |collaboration leads |Nutrition, Animal Health and |projects across the world in |top in the nation. They receive|of the cost. | |to improvement projects with |Capsugelâ⬠. 8 |the last five |extensive training so they are |- | |significant performance benefits, | |years. Significant improvements|knowledgeable of the drugs. | |such as reduced | |to Pfizerââ¬â¢s |They have knowledge of Pfizer | | |packaging and transportation costs, | |key products have delivered a |products as well as their | | |and elimination of undesirable | |40 percent reduction i n both |competitors. 2 | | |chemicals through process | |the time to make and ship the | | | |improvementsâ⬠. 8 | |product as well as allowing a | | | | | |reduction in inventoryâ⬠. 8 | | | Primary Activities Financial Ratios: Financial Ratios |Pfizer Inc |Industry |SP 500 |How Pfizer is doing in | | | | | |comparison to the industry? | |Growth Rate % | | | | | |Sales (Qtr vs. year ago Qtr) |7. 5 |5. 90 |14. 40 |Better | |Net Income (YTD vs. YTD) NA |NA |NA | | |Net Income (Qtr vs. year ago Qtr) |185. 10 |66. 00 |46. 30 |Better | |Sales (5 Year Annual Avg) |7. 42 |7. 59 |8. 28 |Worse | |Net Income (5-Year Annual Avg) |1. 68 |2. 38 |8. 48 |Worse | |Dividends (5-Year Annual Avg) |-1. 08 |9. 81 |5. 9 |Worse | | | | | | | |Financial Condition | | | | | |Debt/Equity Ratio |. 46 |1. 14 |1. 05 |Better | |Current Ratio |2. 3 |1. 7 |1. 4 |Better | |Quick Ratio |1. 9 |1. 4 |1. 0 |Better | |Interest Coverage |9. 6 |23. 5 |316. |Worse | | | | | | | |Investment Returns % | | | | | | Return on Equity |11. 4 |30. 0 |26. 3 |Worse | |Return on Assets |5. 2 |8. 8 |8. 9 |Worse | |Return on Capital |6. 1 |11. 7 |11. 9 |Worse | | | | | | |Management Efficiency | | | | | |Income/Employee |91,763 |84,518 |130,228 |Better | |Revenue/Employee |616,998 |539,073 |1 Mil |Better | |Receivable Turnover |4. 5 |5. 5 |15. 9 |Worse | |Assets Turnover |0. 4 |0. 6 |0. |Better | |Inventory Turnover |1. 8 |2. 7 |12. 5 |Worse | * http://moneycentral. msn. com/investor/invsub/results/compare. asp? symbol=pfe* C. Assess all Functional areas using the internal checklists Management Audit Checklist ââ¬â Give an example for each response |1. Does the organization use strategic management concepts? |Yes, Pfizer is continually developing new strategies such as plant restructuring and | | |energy master plan. For example, In June 2011, Pfizer announced strategic partnerships | | |with ICON plc and PAREXEL International Corporation, both of which will serve as strategic| | |providers of clinical trial implementation services over a five-year period beginning in | | |June 2011 | |2. Are organization objectives and goals measurable and well |Yes, some of Pfizerââ¬â¢s goals include maximizing opportunities in Biomedical research, | |communicated? |forging relationships with ey customers, etc. | |3. Do managers at all hierarchical levels plan effectively? |Yes, Pfizer is divided into multiple sectors so that most leaders have a specific rather | | |than general role. Pfizer is divided into 2 sectors, the PharmaTherapeutics Research | | |Development Group and the BioTherapeutics Research Development Group. Each sector has | | |its own managers; therefore it becomes easier to be able to plan effectively. | |4. Is the organizationââ¬â¢s structure appropriate? |Yes, their leadership brings together top leaders to focus on major financial, operational| | |and strategic decisions. They have managers for every sector who work specifically to | | |foster the success of that sector. This creates an atmosphere for managers and employees | | |to focus on their specific sector rather than divide their attention. | |5. Are job descriptions and job specifications clear? Yes, Pfizer provides a detailed description of the top managers and what they do as well | | |as what they expect from all their employees. | |6. Is employee morale high? |No, according to glassdoor. com, the employee morale is at an all time low. | |7. Is employee turnover and absenteeism low? |Yes, Pfizer currently has over 110,000 employees and they have managed to maintain their | | |staff turnover at a rate lower than 10% per year for the past 10 years, despite the | | |industryââ¬â¢s average rate of 15%. | |8. Are organizational reward and control mechanisms effective? |Yes, Pfizer has recently raised its salary for its employees from the 50th to the 75th | | |percentile of markets rates. | Marketing Audit Checklist ââ¬â Give an example for each response |1. Are markets segmented effectively? |Yes, Pfizer as six markets which include Brazil, China, Mexico, Turkey, Russia, and India | |2. Is the organization positioned well among competitors? |Yes, Pfizer ranks #2 right behind Proctor and Gamble | |3. Has the organizationââ¬â¢s market share been increasing? Yes, Pfizer expects to increase its market share from 4% to 6% by reinforcing its | | |leadership, expanding developments in high growth markets, building leadership in oncology| | |and taking advantage of RD in Asia and other countries. | |4. Are present channels of distribution reliable and |No, according to Pfizer. com, globalization has made channels of distribution easy targets | |cost-effective? |for counterfeiting products. Drug Importation also poses a difficult task of closely | | |monitoring these drugs to prevent counterfeiting and damaged goods. | |5. Does the organization have an effective sales organization? Yes, For the ninth consecutive year, the Pfizer Pharmaceutical Sales Force was voted as | | |first overall in Verispanââ¬â¢s ââ¬Å"Pharmaceutical Sales Force Structures. | |6. Does the organization conduct market research? |Yes, this is the basis for their business. They have to research the causes and effects | | |for the drugs that they manufacture and produce. | |7. Are the organizationââ¬â¢s products and services priced |No, the federal government has been trying to get Pfizer to decrease its prices to be more| |appropriately? |affordable for customers. | |8. Does the organization have an effective promotion, advertising,|Yes, Pfizer products have become a household name for most. Pfizer has a marketing | |and publicity strategy? |strength in major geographical and therapeutic areas. | |9. Is marketing planning and budgeting effective? |Yes, one of Pfizerââ¬â¢s plans is to cut the budget of R by 12 million dollars by the end of| | |2012. | |10. Do the organizationââ¬â¢s marketing managers have adequate |Yes, from inspection of the top marketing managers, they all have experience prior to | |experience and training? |Pfizer. | |11. Are product quality and customer service good? |Yes, Pfizer has committed to ensure that their quality is top notch and no counterfeit | | |products have been purchased by their consumers. They have implemented numerous plans in | | |order to assure top quality. This stems from their procurement strategies such as making | | |sure that their suppliers only produce the utmost quality of products. | Finance Audit Checklist ââ¬â Give an example for each response |1. Where is the organization financially strong weak as |Yes, the company has a high gross profit margin at 81. 5%, which indicates a strong | |indicated by financial ratio analyses? |position in the market. | |2. Can the organization raise needed short-term capital? |Yes, their operating activity ratios for the most part have improved. For example, their | | |inventory turnover decreased in 2009 to 4. 03 but then increased in 2010 to 8. 07. | |3. Can the organization raise needed long-term capital through |Yes, most of the companyââ¬â¢s ratios seemed to have decreased in 2009, but most recuperated | |debt and/or equity? |in 2010. For xample, total asset turnover decreased in 2009 to 0. 23 but then increased in| | |2010 to 0. 35. | |4. Does the organization have sufficient working capital? |Yes, the companyââ¬â¢s working capital increased since 2009. In 2010, the working capital was | | |$18,991 million. | |5. Are capital budgeting procedures effective? |Yes, the company has deci ded to cut back in R costs in order to save capital | |6. Are dividend payout policies reasonable? |No, the payout for dividends is currently $. 20 per share which is $. 3 less than its | | |number one competitor, Proctor Gamble | |7. Does the organization have good relations with its investors |Yes, all the financials are reported online and there is a sense of transparency with the | |and stockholders? |investors and the company. | |8. Are the organizationââ¬â¢s financial managers experienced and well |Yes, all managers have experience prior to working at Pfizer | |trained? | | R Audit Checklist ââ¬â Give an example for each response |1. Does the organization have R facilities? Are they adequate? |Yes, Pfizer has the worldââ¬â¢s largest research. Pfizer has six main research locations, | | |which include: New York, California, Massachusetts, Connecticut, UK and Missouri. | |2. If outside R organizations are used, are they cost-effective? |N/A, Pfizer does not use outside R organizations. | |3. Are the organizationââ¬â¢s R personnel well qualified? |Yes, Pfizer has a rigorous screening process for their scientists that work in R. This | | |is done to ensure a quality product. | |4. Are management information and computer systems adequate? Yes, Pfizer engaged PA Consulting Group to create and implement a rapid, insightful | | |information management solution that would help the company manage and derive value from | | |the wealth of project and agreement information. 14 | |5. Is communication between R and other organizational units |Yes, communication has to be effective when it comes to R and the other sectors. This | |effective? |has to be done to ensure safe, effective products. | |6. Are present products technologically competitive? |Yes, Pfizer has some of the leading medications in areas such as Internal Medicine. The | | |drug Lipitor is the leading drug for the reduction of cholesterol in the industry as of | | How to cite Pfizer Strageic Plan, Essay examples
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