Wednesday, May 6, 2020
The last of the mohicans Argumentative Essay Example For Students
The last of the mohicans Argumentative Essay The Last Of The Mohicans by James Fenimore cooper is a great historical romance. It is a very intriguing novel. It shows examples of heroism and courage. It is a great novel and examples of that are apparent in the characters, plot and setting. Chingachgook and Uncas are descendants of Delaware as well as Mohican tribes, who are scouts and warriors who serve the British. Here historical allegiances have been altered through character association, the Delaware Indians were of pro-French sympathies. Chingachgook and Uncas are portraits of men of nearly every virtue, few limitations and no vices. The story is set in 1757, the third year of war between England and France for the possession of the continent. The center of the story is the most notorious event of the French and Indian War; the so called massacre of British troops and women and children by General Montcalmââ¬â¢s Indian allies after the British surrender of Fort William Henry to the French on 9th August 1757. The plot favors emotions over reason. The novel opens with a historical atmosphere. The plot changes to a more romantic state. The plot revolves around the efforts of Alice and Cora Munro to join their father, who is the commander of Fort William Henry near Lake Champlain. Their course is blocked by Magua, the leader of a group of Huron Indians who are allied to the French. His schemes are frustrated by Uncas, the last of the Mohicans, his father Chingachgook, and Natty Bumppo. Reading the novel, The Last of the Mohicans, I was actually able to appreciate Coopers work, as it was very interesting. I found the book was interesting because of the historical background and Cooper clearly portrayed the different values of two cultures.
Saturday, May 2, 2020
Supply Governance Structures for Reverse Logistics Systems
Question: Describe about the Supply Governance Structures for Reverse Logistics Systems? Answer: Introduction The chosen company for this assignment is Starbucks and in this report we will be dealing with the outsourcing decision for this company that the product which are being outsourced for this company need to be added with the value added services for their customers or not. Starbucks is one of the leading companies in coffee. They are one of the expertises in beverage sector. In the last 20 years it is found that there are no changes in the company but they have developed themselves be it during the wars or the when economies of the countries were facing any downfall. The staffs of the company are mainly recognized due to their achievements. The work atmosphere of Starbucks is so good that the staffs always get motivation to give their best work. In Starbucks there is no official structure that the organization follows but the decisions which are made by the head authorities of the organization the staffs follow them without any question. The management also asks for feedback from thei r staffs. The main highlight of Starbucks is their principles and the supply strategy which they have adopted for their organization which will improve the confidence of their workers. Along with all this they have taken the approval of their customers regarding the products which they will be selling in their outlets and the customers will also come there to have the taste of the products sell by them. The strategy followed by Starbucks is a very slow and steady process and the diversity adopted by Starbucks is very pleasant for their customers. All this are adopted by Starbucks because like this they can keep a control in the market (Aitken, and Harrison, 2013). Decisions made to outsource the Starbucks service and products which will be adding value for their customers: The Coffee served by Starbucks is very well-known in the international market and also among the top products in the beverages sector. The main aim of Starbucks is to create a competitive and exclusive product for the market (Aitken, and Harrison, 2013).The process through which Starbucks makes their products shows that how they choose the raw materials for their products and along with that they buy the raw materials for their product from different countries like Africa, Asia and Latin America. The unroasted coffee is bought by Starbucks which they collect from a farm house then they refine that unroasted coffee according to their own way. After they refine the coffee accordingly then they pack it and store in the ware house and whenever required they use those for making their coffee or sell the coffee beans in the market for the customers to use it according to their way. The business done by Starbucks is not only done with the help outsourcing whereas they always guarantees that they will serve the best to their customers for that they always collect the best quality coffee beans for their customers (Lee, and Baker, 2011). The policy adopted by Starbucks is that they will target the place and the customers which will keep their company into existence within the customers and also give Starbucks the confidence so that they can get the number one position which will they will be getting if they implement new things in their outlets which will be attracting the customers towards their outlets (Nadeem, 2015). In every Starbucks outlet it has been found that to get the feedback from their customers they have adopted the card system where the customers will be writing about the experience which they will get after they will be visiting the outlet (Mishra, and Mahanty, 2015). Along with that the customers can also write there that if they want any changes in the outlet or in the product which they are having in the outlet and also they can mention if they want any changes in the ambience. As Starbucks is one of the well-known companies so they give warranties to their customers that they will try to bring changes or varieties as much they can. Starbucks has also made a rule that the products which they will be serving to the customers if not according to their satisfaction then they will prepare another for them until and unless the customers are satisfied with the products with which they are served. Figure-1- Satisfaction level of the Customers The Factors which are influencing the outsourcing decision of Starbucks: The main factors which are influencing the outsourcing decision of Starbucks is that the help which they are offering to the customers and along with that they will also entertain to their customers so that they can satisfy their customers with the passion which they have towards coffee. To satisfy the passion of the customers towards their coffee, Starbucks have to keep them organized so that they can fulfill the satisfaction level of their customers and for that they need to complete the work with the help of which they will attract their customers towards their outlets and products. The function performed by Starbucks is totally different from the functions which are being performed by other companies which will help them in producing the zeal which will help them to keep the good relationship with their customers (Sanchezà Rodrigues, 2010). The main objective which is performed by Starbucks is their supply chain system which they need to operate in such a way that their products reach to their customers and also to their outlets. Starbucks has the habit of highlighting their promise which they make to the source from where they extract the raw materials and also buy and sell their products which they distribute worldwide (Fleming, and Konstantaras, 2014). A relation has been created by Starbucks with their distributors and cultivators that they always buy or take products directly from the farmers, which they cultivate in their fields. All this process which is done takes a lot of money but all this covers up with the fund they incur which they collect after selling their finished goods to their customers. A fixed cost has been allocated so that contract price does not fluctuate that much. As if the price fluctuates then it will create a lot of problems for the customers (Fleming, and Konstantaras, 2014). The funds which they have covers up all their family requirements and also the manufacturing requirements. Henceforth, all this also increases the hazards which are connected with the climate of the business as they can be biased and the cost problem can also be solved. The advertising done by the organization plays a very important role as it increases the sales of the goods and also incurs profit for the organization and also imple ment different types of schemes which will keep the organization rationalize and which will keep the cost of Starbucks in the top position (Fleming, and Konstantaras, 2014). Along with all this the organizations also have to keep into notice about the objectives that the organization is performing. The five performance objectives are- Quality-The quality of raw products which Starbucks are importing from international countries need to be of high quality. So, that they can mould the raw materials and deliver the best final product to their customers. The brand and image of the company depends a lot on the quality which the company is trying to maintain. Speed- The working speed of an organization, need to be very fast so that the purchasing and returning can be in minimal time. Especially, in those organizations when they are interacting with the customers on daily basis. If they work in their full speed then only they will be able to satisfy their customer needs. Speed internally helps the organization in their operations whereas externally helps in getting the satisfaction from their customers. Cost- Helps in understanding the market which will help in buying their raw materials from the international market. The technologies which they are using also have certain costs and the staffs who are working for them for them also the company has to bear the costs. Dependability- The outlet need to e open on correct time o that he customers do not have to wait for the shop to open and there should be minimal number of products that can go for out of stock for that they have to keep a check on regular intervals. There should the availability of parking system for the customer coming in their outlets. Flexibility- From time to time the company needs to introduce different varieties of product which will attract the customers towards them along with that they should have a wide range of variety of products and if any of the products is out of stock then they can easily get them. Along with all that they should have the ability to adjust large number customers in their area. The involvement of risks in the decision making process and also recommend the strategies to overcome the risks Few risks involved in the decision making operation process management are: When a product is being designed then it influences a lot during the modification and the evaluation policy (Kulkarni, and Gopakumar, 2014). When the final products are made then they can easily recognize the price through which the whole procedure has gone through and also the superiority of the products which are existing into the market and also providing a very good facility so that the organization can have a look into all this products so that the organization do not face any problem and it will also keep the unity among the organization and also in the products which they are modifying and brining into the market after doing a lot of development into the whole process(Research Methods in HRM 2014). All these processes are done because this will maintain all the development process which will help the company to keep their product into the market and also keep their product among the top products in the market in their sector. If the products do well in the market then it will increase the market share of the company which will also give profit to the company and also bring success for the company in the market. Starbucks has involved themselves in the business in such a way that the venture which they have adopted for their business i.e. the buying and cooking the best quality of coffee so that they can share this with their customers and along with that they have to improve themselves in such a way that in their products the customers gets the taste of the Italian espresso in the coffee which they are serving to their customers and also serve their customers all coffee related products which will improve the sale of the company totally in the indirect way which will be beneficial both for the customers and also for the company which they are providing in their branches and outlets (Browne, and Gomez, 2011). Another risks taken by the organization is of choosing the best place where they will be opening their outlet so that all the customers, who have their passion for coffee can easily reach to their outlets so that they can savor the taste of coffee and for that the company have to select the position of their outlet in the best position so that the customers can easily to those outlets without any difficulties. Along with all these the factories of Starbucks need to be in those places so that when they will be importing the raw materials for their companies from the international market and the raw materials can reach to their organization without any difficulties. If the raw materials do not reach to the organization then they will not be able to deliver their best product to their customers and then they will not be able to fulfill the satisfaction of their customers and this will lead to a negative feedback for the company and they cannot afford to do so (Deadrick, and Stone, 2014) . Another types of risks which they can find is the layout designs which is very mandatory for their organization as on that basis the overall structure of the company will depend (Peng,. and Chen, 2014). The policies and regulations adopted by the organization all need to be followed in the correct procedure so that they do not face any problem. The layout of the technologies also needs to be advanced so that the products which they are serving to their customers also need to be in different types of varieties (Browne, and Gomez, 2011). As a Coffee company Starbucks has the capability to bring effort and variety in the products which they are bringing in their products and along with that there is no fluctuations in the price of the products which they are producing (Deadrick, and Stone, 2014). Conclusion: In a nutshell it can be said that Starbucks is one of the companies which is identified as one of the best companies in the beverage sector in the international market. But along with this there is one important question and i.e. how they will follow all the rules and regulations which they need to follow to keep their organization organized and also keep everything in process. It is important for the operation manager of Starbucks to keep everything under control so that everything done by the organization is under control and all the process is covered up in a systematic way so that there is no error in the work process which will take the right decision so that the organization do not have to face any risks but then also if the organization has to face any risks then the company also should have the solutions with them which will help them in overcoming all the risks which is face by the company. It can be said that Starbucks is one of the company who outsource their products but all their products provides a good value to their customers which keep their customers satisfied with their products and all this helps Starbucks in making the right decision for the organization. References Aitken, J. and Harrison, A. (2013). Supply governance structures for reverse logistics systems.Int Jrnl of Op Prod Mnagemnt, 33(6), pp.745-764. Browne, M. and Gomez, M. (2011). The impact on urban distribution operations of upstream supply chain constraints.International Journal of Physical Distribution Logistics Management, 41(9), pp.896-912. Deadrick, D. and Stone, D. (2014). Human resource management: Past, present, and future.Human Resource Management Review, 24(3), pp.193-195. Fleming, P. and Konstantaras, I. (2014). International Journal of Systems Science: Operations Logistics.International Journal of Systems Science: Operations Logistics, 1(1), pp.1-2. Hajiabadi, R. and Zarghami, M. (2014). Multi-Objective Reservoir Operation with Sediment Flushing; Case Study of Sefidrud Reservoir.Water Resources Management, 28(15), pp.5357-5376. Human Resource Management. (2014).Human Resource Management, 53(6), p.no-no. Jain, D. and Khurana, R. (2015). Impact of pricing and outsourcing models on Indian information technology service outsourcing.Benchmarking, 22(4), pp.610-623. Kulkarni, M. and Gopakumar, K. (2014). Career Management Strategies of People With Disabilities.Human Resource Management, 53(3), pp.445-466. Lee, Y. and Baker, T. (2011). Assessing the interaction of price optimisation and system-wide transportation selection on a third-party logistics provider.IJSOM, 9(1), p.111. Mishra, D. and Mahanty, B. (2015). Business knowledge requirements and onsite offshore work division in Indian software outsourcing projects.Strat Outs, 8(1), pp.76-101. Nadeem, S. (2015). Indian Arrivistes and Cyber Coolies: Reflections on Global Outsourcing and the Middle Class.Sociology Compass, 9(4), pp.289-298. Peng, M., Peng, Y. and Chen, H. (2014). Post-seismic supply chain risk management: A system dynamics disruption analysis approach for inventory and logistics planning.Computers Operations Research, 42, pp.14-24. Petkovsek, G. and Roca, M. (2014). Impact of reservoir operation on sediment deposition.Proceedings of the ICE - Water Management, 167(10), pp.577-584. Research Methods in HRM. (2014).Human Resource Management, 53(3), p.no-no. Sanchezà Rodrigues, V. (2010). Evaluating the causes of uncertainty in logistics operations.The International Journal of Logistics Management, 21(1), pp.45-64 Statement of retraction. (2014).International Journal of Systems Science: Operations Logistics, 1(2), p.XX-XX.
Sunday, April 12, 2020
How to Write a Sample Nonfiction Essay
How to Write a Sample Nonfiction EssayWriting a sample nonfiction essay can be fun. A sample can help you discover your own style and where you are headed with your writing abilities. Here are a few tips to help you create a better essay. Use the following ideas, and see what happens.It is important to keep personal information off of the essay, as it will attract attention. Also keep the details of the project and your experiences separated. If you can do this you will have a lot more freedom to write and you may find that you enjoy composing nonfiction essays more. Your information needs to be relevant and will show why you wrote the essay in the first place.A title is important. No one wants to read a work of fiction. Your title should create curiosity, while at the same time provide clues to your readers. Some titles for samples include, for example, 'My PowerPoint Presentation'An A4 Paper on Basic Economics'. These titles are humorous, to keep the reader interested in the story behind your sample.Take away everything you know about a topic and substitute it with something new. This is a great way to stimulate your imagination. It also takes out any preconceived notions and a great way to get your point across. Let it 'speak' for itself and see what sort of experience it provides you. In fact it will most likely open up the floodgates for your creativity.Your sample needs to fit with your interests. Make sure that your information is factual and straightforward. Avoid listing qualifications and experiences. Those will only end up detracting from your document. Sometimes it is best to let the story be told through your sample essay and avoid information overload.As for your word count, keep it realistic. The fact is that everyone writes differently. Consider the length of a five paragraph essay when composing your sample. Not everyone can write ten pages without a break. Too many words can be distracting. Just try to balance it out with ideas and stories, an d you will not be sorry.In conclusion, using sample nonfiction essays has several benefits. They can help you establish a creative writing style. They give you more freedom to explore topics and by keeping things focused on one thing at a time, you will have more time to write and explore the subject. Finally, by being creative, you will likely find your work getting better as you use the skills gained through writing a sample.
Monday, March 23, 2020
Athletes Overpaid 2 free essay sample
Melvin Garcia 07/19/2011 Written Analysis #3, Chapter 4 I. Introduction Thesis Statement: Professional athletes who perform solely for societyââ¬â¢s entertainment are undeservingly overpaid for their talents. These highly skilled athletes contribute relatively little to making society better like many other Samaritan careers which are overlooked and poorly paid. These people are true role models, not athletes. Fans contribute highly to the athletesââ¬â¢ salaries. A. Major proposition or premise (before because): Professional athletes who perform solely for societyââ¬â¢s entertainment are undeservingly overpaid for their talents B. st Minor proposition or premise (after because): C. These highly skilled athletes contribute relatively little to making society better like many other Samaritan careers which are overlooked and poorly paid. D. 2nd Minor proposition or premise These people are true role models, not athletes. E. 3rd Minor proposition or premise Fans contribute highl y to the athletesââ¬â¢ salaries. II. A. 1st Minor proposition/premise Professional athletes are undeservingly overpaid B. We will write a custom essay sample on Athletes Overpaid 2 or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Evidence: Expert Testimony: Ted Sherman Philosophical Theory: Karl Marx Historical Examples: Babe Ruth Statistics: Barry Zito Logic: Professional athletes are extremely overpaid. They are recognized for their performance in their careers. The better the athlete performs, the higher his salary whereas many other Samaritan careers are left unnoticed and unappreciated. C. Opposition of 1st minor proposition/premise Professional athletes excel at what they do and should be rewarded handsomely. It is purely for societyââ¬â¢s self interest. D. Evidence: Expert Testimony: David Brown Philosophical Theory: Thomas Hobbes Historical Examples: Magic Johnson Statistics: Manny Pacquiao Logic: Professional athletes have a unique talent that no other individual have. That is what makes them extraordinary and they should be paid largely. Society is amazed by special talents performed on the field. F. Refutation of Opposition Premise: Playing sports is just a talent. No one benefits from athlete performing great on the field. This is simply entertainment to society. III. A. 2nd minor proposition/premise Many other careers that are underpaid are considered Samaritans and these people are true role models, not athletes. A. Evidence Expert Testimony: Ryan Gray Philosophical Theory: Fskââ¬â¢s Guide to Reality Historical Examples: Gandhi Statistics: Charles Barkley Logic: People who serve in their jobs by helping others do not get paid as much as professional athletes. They are not recognized for the hard work they do such as saving lives or providing education. B. Opposition of 2nd minor proposition/premise People may choose whomever they please to be their role model(s) even athletes. D. Evidence Expert Testimony: Timothy Bernstein Philosophical Theory: Freedom of Choice/Speech Historical Examples: Lance Armstrong Statistics: Tiger Woods Logic: According to Article 19 of the Universal Declaration of Human Rights, everyone has their own opinions and point of views. Thus, who they choose as their role model should not matter to others. E. Refutation of Opposition Premise According to the American Heritage New Dictionary, role models are defined as person(s) who ââ¬Å"serve as an example of the values, attitudes, and behaviors associated with a roleâ⬠such as a doctor, teacher or firefighter etc. Athletes do not benefit others as much as these samaritan-like jobs thus should not be considered role models. IV. A. 3rd minor proposition/premise Many other careers are overlooked and poorly paid due to the fansââ¬â¢ contributions to athletesââ¬â¢ salries. B. Evidence: Expert Testimony: Jeffrey Guerrero Philosophical Theory: Sara Murray (Supply/Demand) Historical Examples: Mother Teresa Statistics: Tenzin Gyatso Logic: People who serve and actually benefit others as careers get paid merely pennies compared to athletes. C. Opposition of 3rd minor proposition/premise It is the fans who contribute to these athletesââ¬â¢ salaries by paying hundreds for tickets and/or fan merchandise. D. Evidence Expert Testimony: Emma Riley Sutton Philosophical Theory: Stockholm Syndrome Historical Examples: Michael Jordan Statistics: Pope John Logic: Fans willingly pay large amount of money to watch and support these athletes. It is plainly for self-pleasure of the fans. E. Refutation of Opposition Premise Professional athletes do not help humankind nor do they save lives. Their actions in their careers are not as heroic. V. Conclusion Professional athletes should be paid at a negotiable rate even with fansââ¬â¢ contributions. However, when their salaries reach millions of dollars or even billions, it is quite bizarre for a human to be paid that much for performing a unique talent. Other Samaritan careers should be paid higher for helping humankind and/or saving actual lives, and these people are the true role models of society.
Friday, March 6, 2020
Free Essays on Dr. Faustus
but little depth. As one looks at the little detail presented, and at the broad spectrum of his desires, it is easy to infer that Faustus has little real understanding either of magic or his desires. The second definition of conceit implies that the word is synonymous with fantasy. So one can then infer that Faustus is filled with this fanciful notion that is magic. ââ¬Å"Resolve me of all ambiguities [â⬠¦] and search all the corners of the new found world,â⬠(Marlowe 1.1.81-85). His vague desires and huge expectations of magic as a device seem to make more sense if one looks at the idea Faustus is overcome by fantasy. Unfortunately the meaning of the work within the speech comes not only from its definition, but also form the context in ... Free Essays on Dr. Faustus Free Essays on Dr. Faustus In the last scene, the Devils carry Faustus into Hell after he fails to repent and ask God for forgiveness. The quest or thirst for knowledge leads Faustus on a slow decent into the depths of Hell. In order to understand the criticisms used by Marlow, one must first understand the period in which this piece was composed. Scholars who studied anything but the Bible where regarded as having hubris. Nowadays people view the quest for knowledge as noble and honorable. Intellects and scholars are considered necessary to our society and are usually well respected. The central criticism used throughout the play emphasizes the idea of an ââ¬Å"unhealthy quest for knowledgeâ⬠. This need for knowledge justifies the reason the whole play. Marlowââ¬â¢s criticism is church friendly, he agrees with the extremely powerful church. When this play was written in 1590, the church controlled everything, and they were the absolute authority. It was common practice in the middle ages that at any coronation, that the Cardinal or Pope would place the crown upon the head of the King or Queen, it was a powerful symbol of how even the power of the King came from God. Marlow had to deal with the intellectually and spiritually confining church. He wrote about what he could which was a religious play. Marlow sort of acts as the Churchââ¬â¢s critic, he ends up condemning Faustus to Hell, after he signs a deal with the devil. The deal says that Faustus will be given twenty fours years of power and delight in exchange for his soul. The Good Angel and Evil Angel argue with Faustus whether or not to sign the pact with Lucifer. This is an example of one of the many chances that the good Doctor is given to repent and serve God. Faustus serves as an example to all watching the play, that you must repent now and throw yourself on the mercy of God. This is a universal teaching of the Church and Marlow was a member of the Church. He would more than likely insert this religiou... Free Essays on Dr. Faustus Dr. Faustus tells the story of a middle-aged man who, disillusioned by the futility and restraint of life, rejects reason and God in favor of the power supplied by the Devil. This descent calls into question the reason for the disillusionment and the damning choice of Diabolism. Certain words and specific thematic elements, within Dr. Faustus, provide an insight into the mind of the character. Dr. Faustus staunchly rejects his old beliefs of God, yet they still permeate his thoughts as seen through his speech and treatment of magic. His descent into darkness is not a passage into evil but tragic path of self-destruction. In the very beginning of Faustusââ¬â¢ speech he says, ââ¬Å"How I am glutted with conceit of this,â⬠(Marlowe 1.1.79). The word conceit in this instance elicits several meanings, two in particular will be investigated and their validity within the speech shown. The first meaning of conceit deals with the idea of understanding. Faustus, then, is full with the understanding of magic and its capabilities. Ultimately, though, he simply wants magic to satisfy his desires, as he goes on to describe in many words but little depth. As one looks at the little detail presented, and at the broad spectrum of his desires, it is easy to infer that Faustus has little real understanding either of magic or his desires. The second definition of conceit implies that the word is synonymous with fantasy. So one can then infer that Faustus is filled with this fanciful notion that is magic. ââ¬Å"Resolve me of all ambiguities [â⬠¦] and search all the corners of the new found world,â⬠(Marlowe 1.1.81-85). His vague desires and huge expectations of magic as a device seem to make more sense if one looks at the idea Faustus is overcome by fantasy. Unfortunately the meaning of the work within the speech comes not only from its definition, but also form the context in ... Free Essays on Dr. Faustus DOCTOR FAUSTUS AS A MORALITY PLAY Doctor Faustus has many features of a morality play: the conflict between good and evil, the creation of Good and Bad Angels, the Old Man as Good Counsel, the pageant of the Seven Deadly Sins and the appearance of Faustusââ¬â¢ enemies to ambush and kill him. The conflict between Good and Evil was a recurring theme in the medieval morality plays. From this point of view, Marloweââ¬â¢s play is a dramatization of the medieval morality play, Everyman. Doctor Faustus becomes a morality play in which heaven struggles for the soul of a Renaissance Everyman, namely Doctor Faustus. The Good Angel and the Bad Angel are characters derived from the medieval morality plays like The Castle of Perseverance. They are sometimes regarded as an externalization of the thoughts of Faustus. This is a twentieth-century view. The Angels are independent absolutes, one wholly good and one wholly evil. They appear in Doctor Faustus like allegorical figures of a morality play. They reflect the possibility of both damnation and redemption being open to Faustus. A close examination shows that the Evil Angel declines in importance as the play advances. The angles work by suggestion, as allegorical characters in morality plays do. The audience also observes the pageant of the Seven Deadly Sins in Doctor Faustus. This is another feature borrowed by Marlowe from the tradition of the morality play. In Marloweââ¬â¢s play, to divert Faustusââ¬â¢ attention from Christ, his savior, Lucifer, comes with his attendant devils to rebuke him for invoking Christ and then presents the pageant of the Seven Deadly Sins as a diversion. Benvolioââ¬â¢s attempts to ambush and take revenge on Faustus is also a device taken from the medieval morality play. Faustus loses his head, only for it to be revealed as a false one. This theatrical device was originally used in the medieval morality play, Mankin...
Tuesday, February 18, 2020
Effect of Technology on Workplace Privacy Essay
Effect of Technology on Workplace Privacy - Essay Example As the masses became cognisant of the consequences followed by the increasing attacks to individual's privacy in the workplace owing to the development in surveillance technology, the demand for legal demarcation strengthened and eventually several laws were created by the government to curtail and confine the scope of the surveillance technology to accomplish only the legitimate objectives of the employers. Although, these laws have been developed by most of the countries to protect the rights of both the employers and the employees in particular, yet there has been an ongoing debate on the compatibility of unravelling surveillance technology with the laws and legal boundaries confining the scope of intrusion into an employees' privacy. Therefore the major issue concerning this essay is the extent to which the advancement into workplace surveillance technology is consistent with the laws and what could be done to bring it to the level proposed by the different laws and legal authorities. The surveillance in the workplace has existed in historical era in the same manner, as it seems to be prevailing in the modern times. However, the major difference remains in the introduction and development of different forms of technology that have further assisted the way to introduce more and more sensitive surveillance in the organisation. ... Consequently, the employees or the labour force could not be capable of putting all of their efforts into the organisational goals, however they kept on selling their services to the employers and organisations on agreed terms and conditions. Hence, their happened to be direct and physical surveillance on the part of the employers influencing the employee motivation and work behaviour. According to Rushing (1966), due to such acts in the past, the employers never became aware of the fact that they could have gained more by driving their motivation towards work. However, this was the initial form of developing surveillance in the workplace by the employers and this trend remained prevalent throughout the 20th century. By the end of the 21st century, the technology took a rapid progression and the workers continued to fall prey of the new development in technology affecting the workplace environment with regard to privacy and convenience. The new advancements into technology result into change in working as well as surveillance needs and as a new innovation in technology takes place, the perceptions and conceptions concerning the surveillance at workplace also change. Therefore, the level and intensity of workplace surveillance alter with the development and advancement of technology. SURVEILLANCE TECHNOLOGY, WORKPLACE PRIVACY AND LEGAL FRAMEWORK The recent rise in the surveillance activities on the part of the employers both positively and negatively have constantly been attributed to the world's continuous advancement in technology. Unique and modern measures keep on evolving regularly to facilitate the employers in keeping an eye over the employees and their activities. The use of technology in workplace surveillance
Tuesday, February 4, 2020
Stock Market efficiency & Company valuation Essay
Stock Market efficiency & Company valuation - Essay Example A fundamental feature of this analysis is the assessments on Majestic Wine plc, which is the foremost mixed case wine retailer in the UK. The company is quoted on the Alternative Investment Market (AIM) of the London Stock Exchange, which aims to assist companies that are operating on a smaller scale in meeting their requirements of capital for the purposes of expansion (London Stock Exchange 2013a). The categories of analysis for Majestic Wine plc are based on a range of distinct evaluations, which shall assess the share price movements and information flows to the market for the company and also conduct a comprehensive appraisal of the market price of the companyââ¬â¢s shares, in accordance with the value assessments methods that are understood to be standard procedures in company valuation. The Significance of the Efficient-Market Hypothesis (EMH) According to Buckle and Thompson (2004, p174) the practical significance of the hypothesis regarding efficient markets is a notion w hich cannot be ignored. The application of this hypothesis postulates that the stock marketââ¬â¢s agreement with its observations can lead to a situation where predicting changes in share prices are no longer considered to be viable as the market prices are an exact representation of each and every data or information that is present (Buckle and Thompson, 2004, p174). The classifications of features that can assist in the development of a well-informed discussion regarding stock market efficiency are based on the categories of return predictability, event studies and private information. Buckle and Thompson (2004, p175) understand that assessing these concepts with respect to the London Stock Exchange can uncover whether its functioning is efficient or not. Theoretical Implications of EMH and the Random Walk Model Barnes (2012, p46) highlights the theoretical implications of stock market efficiency which is essentially a system where an informational efficient market is said to b e the cause of allocative efficiency. Accordingly, the basis of this efficiency is examined on three forms that were developed by Eugene Fama and were termed as weak, semi-strong and strong (Barnes 2012, p46). According to Barnes (2012, p46) the weak form is described as a situation in which any new information regarding a company is represented by movements in the new price on an immediate basis, henceforth; this notion follows the ideology which states that new share movements cannot be determined through movements in old share prices. Analysts term this phenomenon as the ââ¬Ërandom walkââ¬â¢. While, several examinations on UK Stock market have aimed to establish its efficiency, numerous competing literatures have uncovered evidences which invalidate these claims. Dimson and Mussavian (1998, p92; 2000, p9) understand that the findings of numerous studies which report the presence of anomalies is indicative of features which oppose the principal of market efficiency. Research es which have pointed towards the occurrences of such characteristics that are largely inconsistent with economic ideologies aim to comprehend the trends in pricing efficiency within stock markets. A piece of empirical evidence which represents the phenomenon of the ââ¬Ërandom walkââ¬â¢ and the presence of its corresponding concept which is known as the ââ¬Ëweak-form efficiencyââ¬â¢ with respect to t
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