Finance for Public Services Managers Essay Example | Topics and Well Written Essays - 1000 words

Finance for Public Services Managers - Essay Example There are various sources which provide governents the necessary access to the required funds to effectively and efficiently manage the affairs of the firms. The chief sources among them are Taxes, incomes and some private initiatives which are undertaken by the governments to fund the public service. The chief source among them are taxes which states levy on various entitites of the states including individuals, corporations etc. However, what must be understood is the fact that all three indicated methods of sources to finance the public services carry their own advantages and disadvantages and it is very critical sometimes that a fine balance need to be striken between all the sources otherwise any mismatch between the income and the expenses of the government can prove fatal for the economy of the country as it can have very detrimental impacts not only on the society but on the economy as well. This essay will look into some of the above refereed methods of funding for the public services and would critically evaluate the effectiveness with regard to providing effective source to fund the public service facilities undertaken by the governments. Taxes are probably the oldest and most commonly used source of funding for public services. Taxes are also considered as the most effective tool of funding the public service. It is because of the fact that the scope of tax collection is extremely large and it covers almost all the members of the society including individuals, corporations, societies, banks etc. Taxes are effective in the sense that they are not only bigger in their scope but also provide the largest chunk of the income sources to the government. The volume of tax collected is the largest chunk of the government income therefore they are the most effective means for the government to fund the public services. (Hunter, 2008) The taxes are collected in many forms. The most

Philosophies of leadership Movie Review Example | Topics and Well Written Essays - 750 words

Philosophies of leadership - Movie Review Example Most viewers during that time talked about the state of Mississippi as the most racially segregated and violent state in the US. These two aspects of racial segregation and prejudiced violence are clearly prevalent in the movie Woodstock. Philosophy of Nonviolence Leaders of the Civil Rights Movement came up with an idea of nonviolence as a weapon to destroy institutionalized racial segregation, isolation, and inequality. The same leaders later followed principles of Martin Luther King Jr. in restructuring rules of nonviolence and passive resistance. The civil rights leaders had taken long to realize that racial discrimination would not go any further to maintaining their power and authority over the black population. Consequently, they conceived notions of counteractive mechanisms regarding the violent state of affairs in 1960s. According to Warner (2004), advocates of nonviolence thought that some pivots might be made if the needed number of people from the Southwest could be invit ed and integrated into the struggle. Philosophy of Hippi Subculture Based on the movie, one can acknowledge the fact that Hippi culture propagated liberalism in the society. The hippie code said "Do your own thing any time you feel like and from anywhere†. In addition, principles of the same subculture asserted that one was free to change to anything but leaving the rest of the society in its natural form. This philosophy accorded philosophers the right to express their thought patterns to whoever was willing to give a listening ear. Based on this philosophy, the movie demonstrates that approximately 100,000 people moved into San Francisco during summer time in search of change. The media also played a significant role in casting a view on the Haight-Ashbury district and popularizing the "hippie" label. As time went by, pressure to change rose, and the hippies merged their support for values of love, unity and peace. In most cases, those subscribing to hippie ideologies were b lamed to being lazy drug addicts with unconventional permissive activities. Therefore, this philosophy in subject was instrumental in influencing leaders to orchestrate and control Woodstock. The Black Consciousness Movement (BCM) This philosophical construct, which led to ideas of fighting against apartheid regime that took place in South Africa during the mid-1960s, emerged out of the political vacuum created by jailing advocates of African National and Pan African Congress. After the leadership orchestrated Sharpeville Massacre in 1960, Black Consciousness Movement stepped in with an effort to distribute ideas of social freedom and political consciousness. This philosophy was against the Whites’ skewed conduct towards blacks in social, economic and even political platforms. Through concerted efforts of advocates, Black Consciousness Movement won substantial support from ordinary black men. Rogan (2011) says that despite conspicuous disagreements during the inception stages , the movement later emerged as an influential philosophical association. Philosophy of Feminism, It started in the late 1960s with an aim of ending women isolation in the society. Prior to development of this ideology, women were only to sit at their husbands homes and take care of their household chores. In addition, the female gander was charged with the responsibility of bearing and raising children. In this regard, feminism was put in place as a means of supporting and promoting women’

Importance of employee performance management in retail Industry Essay

Importance of employee performance management in retail Industry - Essay Example Moreover, by evaluating and analyzing the performances of the organizations as well as the performance of the individuals working in the organizations, the management is able to formulate strategies that could further help in improving the productivity of the organization. Therefore it can be said that the performance management tools and performance management of employees help in improving productivity as well as in helping firms to gain competitive advantage. According to Armstrong (2006), employee performance management is the process in which employees are provided with significant opportunities to develop and nurture their skills and knowledge for the achievement of organizational goals and objectives. Having mutual understanding between the manager and the employees is quite essential in the employee performance management as the employees tend to maximize their efforts for the accomplishment of organizational goals (Leopold et al, 2005). Therefore, establishing employee perfo rmance management is quite essential for the organization to increase its overall productivity along with the level of performance in the market. Performance management is a process that ensures improvement in both quantity and quality of work and activities taken into consideration by the organization. In addition, the process helps the organization in aligning all the activities with the organizational goals and objectives (Leopold et al, 2005). By identifying the areas of improvements and areas where the organization has its strengths, the organization is in a better position to make important strategic decisions and help in achieving competitive advantage particularly when the organization is operating in a highly competitive industry such as retail industry. The level of competition in the retail environment has significantly risen and the organization has to deal with variety of employees, due to which the implementation of performance management has become a necessity to achi eve the organizational goals while sustaining the business for long-run in the market (Jones et al, 2005). The purpose of this study is to evaluate the process of employee performance management. In order to do so, the importance and benefits associated with the employee performance management have been taken into consideration. Moreover, the retail industry within UK’s competitive environment has also been taken into consideration. For the effective evaluation of employee performance management, a case study of the UK retail industry has been presented in the study. Lastly, recommendations have been provided with an aim to help the organizations operating in retail industry to enhance the level of performance along with the overall productivity within the competitive retail landscape. EMPLOYEE PERFORMANCE MANAGEMENT Employee performance management, in simpler words is the process that allows the establishment of shared workforce understanding by motivating the managers and e mployees to have mutual understanding regarding the attainment of organizational goals and objectives. Employee performance management ensures that the employees would work towards the attainment of desired organizational goals rather than just the personal goals. With the help of this process, the objectives of the

Writing an Argument Essay Example | Topics and Well Written Essays - 1000 words

Writing an Argument - Essay Example Obesity is not a simple disease resulted from one factor. But it is rather a chronic condition that develops as a result of genetic, behavioral and environmental factors. In addition, it is associated with heart disease, heart stroke, high blood pressure, and even cancer. Undoubtedly, obesity is sky high as two-thirds of the American population is obese. It is evident that children in this current generation has a shorter life expectancy due to high rates of obesity as opposed to children 2 decades ago, which is highly shocking. According to this article, â€Å"Obesity has become a huge phenomenon that is big of a hazard as smoking is adolescence.† Without a doubt, obesity is a prevalent problem that is detrimental to society and must be addressed for the health and the wealth of the future generations. According to the Centers for Disease Control and Prevention (CDC), obesity along with physical inactivity caused 400,000 U.S. deaths. In addition, obesity is linked with major health problems such as diabetes,  heart disease,  high blood pressure, arthritis, and  stroke. According to healthamericans.org, almost 60% of children in America are  obese and the rates continued to increase in an alarming rate in 23 states. With the current economic recession, obesity rates will continue to increase since nutritious foods will become more expensive. Clearly obesity has detrimental effects on individuals, and attempt to understand the root causes of obesity. Medical experts after intensive research have contributed four major factors that cause obesity. One of the main causes of obesity is due to lack of physical activity. Physical inactivity remains as a top cause for obesity than any other factors. A study conducted by medical experts proved that a lack of vigorous physical activity is the main contributor to obesity for adolescents. This has been a huge issue especially with the advent of technology. Young adults are more likely to stay home and indulg e in TV rather than engaging in physical activity. This concern has been prevalent in American society as obesity rates have staggered amongst teens. The key element is to ensure that adolescents get the necessary physical activity in order to prevent them from being obese. The second leading cause of obesity that plagues our society is poor nutrition. According to womenfitness.net, intake of excess calories and consumption of food that are high in fat, sugar, and sodium are proven to be linked to obesity. In addition, studies conducted by the National Institute of health, implementing a meal plan that is rich in lean protein, high in fiber and minerals, limiting sugars and fats can drastically lower the chance of obesity. Poor nutrition has been a huge factor that has prolonged this issue. Recently, many schools have rectified this issue by eliminating trans-fat or sugary snacks out of their cafeteria. This has somewhat rectified the issue and made students make healthier alternati ve choices. Another major issue trending in the realm of nutrition is junk food. It is evident that the young generation which is constantly being bombarded with â€Å"supersized meals.† If the younger generation understands the consequences of their nutritional habits, they are more like to modify their lifestyle that can benefit their health. In addition, the younger generation understands the importance of having a good sex appeal, which can push the youth to eat healthy, exercise and adapt a healthy lifestyle. For instance, the education system and the food industry clearly promote an unhealthy eating habits couple with no physical activity for children. It is evident that these factors are key elements towards the rise of obesity rates in society, which must be addressed as

Explain new approaches in respect of how a firm could finance takeover Essay

Explain new approaches in respect of how a firm could finance takeover and acquisition. Identify issues with such approaches, f - Essay Example The strategy adopted by each group is prepared by the management accounting department through analyzing the market, shareholders and the regulatory framework within the industry. In some instances, it may be important to obtain synergies to help analyze the financial and accounting policies applied by each of the companies merging. Although the A&M started in 1980s, the international rate of industrial mergers and takeovers took place during the 1990s. However, the complexity and nature of international operations coupled with other complexities has sophisticated global takeovers and mergers. Mergers and acquisitions normally abbreviated as M&A refer to the corporate strategy aspect, management dealing and corporate finance that involve the selling and buying as well as combining and dividing of different companies aimed at assisting an enterprise grow in its location or sector or venture into a new location or field (Brealey and Myers, 2000, p 89). Such a growth is expected to be w ithout subsidiary, use of joint venture or child entity. Over the years, the distinction between acquisition and merger is  blurred with several aspects especially economic income. Shareholders lawsuits are common in the event that a firm opts to engage financially in an acquisition or takeover and is appreciated as being part of the current market now that they are meritless. Merger lawsuits frequency has increased in the recent years with their life cycle undergoing a complete change. These days, once a merger deal is closed, lawsuits are normally closed. However, some plaintiffs have come out strongly in mergers to refine the way they operate. They insist on keeping such litigation alive even after they have been closed. This is achieved through having extensive discovery more so against the acquirer executives in control of the purse strings. Why mergers and takeovers There are a number reasons cited by firms for mergers and takeovers. However, the most prevalent reasoning cit ed by majority of the firms participating in M&A is profitability and growth sourced from external means. The outsourced growth may be of great economic benefit to the acquirer through increase in the production capacity, product diversification, increased market share, and expansion of the product lines. Some firms cite quantifiable reasons such as tax advantage and increased economies of scale are the main reasons for the mergers. In laying the strategies for merger and takeovers, it is important for the participating firms to focus on their goals and strategies. The management accounting department of the merging firms observes the compatibility of the merging companies to determine the compatibility of the core values and beliefs of these corporations. While quantitative variable provide ideal aspects which makes takeovers and mergers very attractive, their applicability are limited as they fail to portray the clear picture of the scene. Qualitative factors of the merging corpor ations should also be deeply considered. In estimating the real value of each merging firm, intangible factors such as favorable location, the strength of management, and skilled labor force constitute the qualitative aspects of the takeover or merger. Whatever the goal or rationale of the merger, the failure or success of

Development of new products and services in hotels Essay

Development of new products and services in hotels - Essay Example Techniques of research are often based on epistemologies, which differ considerably across disciplines; there are numerous forms of research (Assante, Mulaj, & Steed, 2011; Bansal, & Corley, 2012). A methodology generally involves a framework upon which the search for solutions to a problem is based (Bansal, & Corley, 2012). Methodologies encompass specific components like the stages of research, operations, techniques, and the tools used (Hassanien, & Eid, 2006). A methodology includes several approaches, with each being implemented in different aspects as the project rolls out (Bourgeault, 2012). The research is often divided into two categories: quantitative research and qualitative research (Mason, Augustyn, & Seakhoa-King, 2010). The following sections of the paper examine the research methodologies used by Hassanien and Eid (2006); and Hossain, Kumar and Kumar (2010) to investigate the significance new product development in hospitality industries found in the West and North Af rica. II. Overview of the Chosen research articles (a) Article # 1 Hassanien and Eid (2006) examined the outcomes of studies and empirical research related with the involvement of key stakeholders and skills of hotels’ staff in ensuring that new product development (NPD) processes are successful during implementation. The research offers a deeper exploration of the creative behaviours and operations that can yield positive outcomes when introducing new services within a modern hotel facility in the northern African region. The outcomes of the research are of immense benefit to not only the key stakeholders in the Egypt’s hospitality industry, but enables scholars who are specialized in the hospitality management as well. The researchers arrived at the results by undertaking a survey targeted at marketing executives in various categories of the local hotels (Hassanien, & Eid, 2006). The outcomes reflected significant variations between the hotels depending on their capa cities and size. More specifically, the researchers established that 5-star hotel facilities show a better understanding and implementation of NPD than the smaller facilities in the 4-star or 3-star categories. The latter two categories of hotels have shown a lower predilection to incorporate NPD processes into their corporate culture, especially in marketing campaigns. And by touching on the benefits and pitfalls that hotel management teams are likely to experience, the researchers are spot-on regarding the right implementation process of NPDs in the various categories of hotels. (b) Article # 2 The research by Hossain, Kumar and Kumar (2010) explore the impact of new service developments (NSD) practices in hotels. The authors provide an assessment of the prevailing NSD models by carrying out researches that can be used as pointers to the innovativeness of hotel facilities in two key Western hospitality industries; the United States and Canada. The researchers identified innovative services, and evaluated them with keen eyes in order to evaluate their effectiveness. The research findings revealed stark variations in the various innovation

Jupiter confectionary ltd - quantitative research design Essay

Jupiter confectionary ltd - quantitative research design - Essay Example Results can also be validated for reliability by implementing both a mixed research design methodology. Table of Contents About the Company Purpose of study Objectives of study Need for a research design Types of research design Advantages of the proposed research design Disadvantages of the proposed research design Alternative research design Conclusions References JUPITER CONFECTIONARY LTD - QUANTITATIVE RESEARCH DESIGN About the company Jupiter Confectionary Ltd makes a variety of chocolate bars and has recently introduced a healthier range of cereal-based breakfast/snack bars. Purpose of study Jupiter now wants to evaluate customer satisfaction with the new product line. The brand manager has suggested running an online survey, printing the web address on the packaging and offering a prize draw as an incentive for people to participate. Objectives of study 1) To discuss the advantages and disadvantages of the proposed research design, and 2) To propose other approaches that might be more appropriate. Need for a Research Design Rose and Sullivan (1996) observed that there exist patterns in the universe, certain specific patterns for all kinds of activities that can be noted on careful observation. These specific patterns in the universe and the behaviour in time can be explained and predicted to a certain extent to a certain accuracy based on the information or data collected at that particular time. However, there is a large amount of data available for a particular activity, that is often confusing, and the researcher needs to select that particular data that is most relevant to the activity in time. Understanding the behaviour of the data collected helps explain complex concepts or theories through developing hypotheses about the relationships that may exist between the data collected. Further, the hypothesis can be validated for correctness and patterns of behaviour collated to explain the theories (Mamia, 2012). While conducting a research design, sever al aspects of the research are to be considered since the object of research is always dynamic and so the data collected is also changing in time. Further, there are two basic kinds of research design methodologies, descriptive and explanatory. While descriptive research attempts to research what activities happen or exist in the social sphere, explanatory research helps explain why the activities happen or exist. A typical research should include both descriptive and explanatory research as usually, good explanatory research is always built on descriptive research. A research in itself needs to be planned sufficiently to achieve the desired results (Mamia, 2012). Typical research design involves identifying project methodologies, planning the processes and identifying strategies while moulding the research objectives through the methodology and context (Richards, 2006). Types of Research Design Research design can be theoretical or empirical, qualitative or quantitative or a combin ation of theoretical and empirical, qualitative and quantitative. Research can be aimed at comparison or classification of the available facts through theoretical or empirical frameworks. However, most common method of research design is to use both theoretical and e