Sunday, October 6, 2019

Robotics Essay Example | Topics and Well Written Essays - 500 words

Robotics - Essay Example Use of robotics saves time to many people in the economy. This is because of their fast speed in performing tasks. An ordinary man is not likely to embrace time consuming processes and will look for means to avoid this. Taking an example of banking services, most people do not like going to queue to withdraw money over the counter. The invention of automatic teller machines (ATMs) has therefore, stepped in to solve this and I am sure many people like it. Today people can withdraw money using ATM cards any time anywhere they want. Considering the fact that we cannot get rid robots in the economy, it is necessary that the society invent ways to control the transition to the economy of robots. In that case according to Henderson, H. (2006), there is need for a maximum economic stability to curb any potential economic downturn following the displacement of workers by robots. It will be best if there is confidence of consumers in the economy to avoid people keeping their money in fear of spending it when they are rendered jobless. Creation of a good pool of innovators enables the society to manage the transition to robotic economy. This stirs up new business, and product innovations, inventions among others. This then ensures that capitalism in the economy is at is strongest point. Therefore, transition to robotic economy will not pose challenges to the society at any level. It is clear that robotic economy will come with many changes. It is best then the society is able to manage the negative changes that are likely to come with the robotic economy. The society needs to ensure that people who work in the low-paying sector of the economy get their wages raised to a relatively higher level. In that case, those rendered unemployed by robots and decide to take up low-paying jobs are able to maintain a relatively better standard of living (Henderson, 2006). This also can be justified by the fact that robotic economy is cost-effective.

Saturday, October 5, 2019

Undergraduate Essay on Teaching and Education Example | Topics and Well Written Essays - 3000 words

Undergraduate on Teaching and Education - Essay Example Utilizing brief video clips of both children and adults to support its premise. This report e will outline and discusses relevant aspects of observation for understanding and introduce the concept of the vindictive as a powerful resource for revisiting and analysing documented observations. It will analyse and critically evaluate the multi-faceted role of the teacher and critically assess the importance of education on the life of a child. This is because teachers affect eternity and they never tell where their influence stop. This paper makes a conclusion that developing a high-quality system of teacher preparation requires the coordination of human and financial resources so that there is equity and quality in the programs offered by institutions within a state. This coordination is particularly critical in preschool education because the workforce is extraordinarily diverse in qualifications, knowledge, and experience, and the workforce is located in a range of settings that have historically been regulated differently. Most states probably have the leadership and much of the expertise needed to develop high-quality programs, but without coordination and support, it is unlikely that states will be able to transform the early childhood workforce in the way that research indicates is necessary. Education is often used to refer solely to formal education. However, it covers a range of experiences, from formal learning to the building of understanding through day to day experiences. Ultimately, all that we experience serves as a form of education.

Friday, October 4, 2019

Jones Electrical Essay Example for Free

Jones Electrical Essay Jones Electrical Distribution is a small company involved in wholesales of electrical devices and appliances. Even though Jones Electrical has been able to turn a profit over the past few years, they have noticed a shortage of cash when attempting to take advantage of trade discounts. Their current bank is unable to extend financing over $250,000, and Jones believes they will need considerably more to finance their operations. Therefore, Nelson Jones has decided to search for additional debt financing by discussing his options with a larger regional bank. Jones Electrical Distribution has been able to compete on the basis of competitive pricing, effective inventory management, and aggressive sales force. But even though the company seems to be operating successfully, its ineffective collections policy has drained the company’s cash leaving it in dire need of additional financing. In order to afford to continue taking advantage of trade discounts Jones Electrical Distribution needs to tighten its cash collection procedures. Another course of action is to take out a bank loan for $350,000 to finance his operations, which is the main conflict Nelson Jones is facing. The increase in accounts receivable and inventory in 2005 and 2006 were caused by the sales growth of $2.24 million in 2006. The effective annual rate of interest, if Jones pays on the due date rather than on the 10 day discount, is 27.24%. The $350,000 should be sufficient for 2007. Jones could reduce that by buying securities and other outside funding. Jones will have to cut spending without having to cut sales with his new larger line of credit.

Thursday, October 3, 2019

Porters Five Forces Analysis In Companies Business Essay

Porters Five Forces Analysis In Companies Business Essay The Environmental analysis can be defined as a study of environment within the organization for the purpose of locating environmental factors that effect on the operations. For the purpose of analysis the business environment we can categorize in to three levels: Internal environment, Operating environment and General environment. This can be shown in figure as below. STEEPLE Analysis By the STEEPLE analysis we can examine that which external factors can be influenced the organizations ability to achieve its vision and mission. FACTOR EVENTS Social Factors The life styles of the peoples is changing due to economic crisis therefore, they change to use energy for sometime People would like to use bio fuel rather than normal fuel due to reduce environmental pollution Technical Factors The International Energy Agency states that alternative energy markets will be underpinned by technological breakthroughs. technology is the key to competitiveness in the alternative energy industry; The government spending for research on bio fuel and other alternatives Environmental Factors BP should highly concern on Environmental Law Responsibility of Oil Spill damage Economic Factors Due to economic crisis there is a declining demand for energy There is a increasing demand for Alternative energy sources Political Factors The global energy market is becoming more unstable because of geopolitical instability. Encouragement of the government towards more sustainable forms of energy due to CO2 emission Legal Factors According to the environmental law, responsible for Payments on oil spill damages Transportation safety Ethical Factors Charitable giving Investment on development programme Table 01. STEEPLE Analysis Source: EU (2004) The European Union Greenhouse Gas Emission Trading Scheme, EUROPA, http://europa.eu.int/comm/environment/climat/emission.htm [Accessed 22nd May 2011]. Porters Five Forces Analysis The Analysis of Porters five forces help to assess where the power of BP lies in Market and also helps to analyze the attractiveness of the industry. In addition to that we assess the current strength and future strength needs to plan in the BPs competitive position as shown: (Source: http://notesdesk.com// porters-five-forces-model.jpg -Accessed on 23rd may 2011) Potential Entrance Strict government policies and requirements High technological focus on alternative energy industry Large initial capital is required Threat of Substitutes Alternative energy due to higher cost Competitive Rivalry High exit barriers High fixed costs High stakes for Shell Renewable and low stakes for BP Solar. Bargaining Power of Buyers Low volume of buyer Low information of buyers High availability of substitutes Bargaining Power of Suppliers Low concentration of alternative energy suppliers (principally just BP Solar and Shell Renewable) Strategic Group Analysis Helps identify who the most direct competitors are and on what basis they compete. We can decide that SHELL is the major competitor in the industry for BP in both geographic coverage and service diversification by analyzing SGA as follows: SWOT analysis for BP Strengths World third largest energy company Strong Brand loyalty Financial strength of the company. It has vertical integration operation system. Weaknesses Increase the petrol price in UK Has to paid criminal charges due to spread huge amount of oil in the Alaska Sea in 2006. Reduce in natural gas and crude oil production. Opportunities Has high investment capacity Research to investigate alternative fuel such as Hydrogen, Solar, Wind and natural gas Increase demand for natural gas in USA and Europe countries. Implement more flexible price polices to face their competitors. Treats Unsound policies related to Environment after oil and toxic spill in 2006. Explosion of refinery tunnels in occasionally Has big rivals such as Shell and Chevron Instability in some oil and gas producing countries and regions Task Two Strategic Options and role of corporate parent Strategic Options is an important facet and it helps to craft companys alternatives and provide safe and keep up the competitive situation. The international requirements for energy for the next 20 years are such that hydrocarbons are still going to have a leading part in meeting that energy demand. BP supports emissions trading mechanisms as a means of putting a value on carbon in order to make appropriate investment decisions. Corporate Mission of the BP BP mentioned that there goal for next few years to realize the latent impending of their advantage base by improving the efficiency and effectiveness of everything they do. They will dynamically drive cost and capital efficiency whilst at the same time maintaining the first main concern of safe and reliable operations. Objectives of the BP BP has some objectives for their growth in 2015. And all employees are working as a team to achieve company goals. Average 1-2% p.a. volume growth to 2015 Underpinned by upward resource base and quality through preference Key sources of growth beyond 2015 will come from: Increasing deepwater Leveraging expertise in gas Managing worlds enormous oilfields Enabled by application of technology Source-: http://www.bp.com/sectionbodycopy.do?categoryId=2contentId=7065607 Values and ethics of the BP BP is a compilation of resources and there people working together. To attain business objects they focus on sustaining and encouraging their leaders and staff. And they maintain recruitment stands and developing people skills at every level. BP is a well distinguish organization and wants to do some different in the world. BP is a performance driven company which is competitively booming. Through all this they prefer high ethical stand. Directions and methods of Strategic Options BPs direction is clear and it is the unrelenting pursuit of competitive leadership in respect of cash costs, capital efficiency and margin quality. The Strategy Clock is another suitable way to analyze a companys destructive position in comparison to the contributions of competitors. The Ansoff Growth matrix tool which is helps businesses to decide their product and market growth strategy. Figure 02.Ansoff Market mix (Source-: http://tutor2u.net/business/strategy/ansoff_matrix.htm) Evaluating strategies at BP SOP Matrix is a tool which can use to identify the company relevant strategies through external environmental factors. As an example BP Opportunities and treats as below and by indentifying the external environmental factors can recognize the relevant strategies options. Has high investment capacity Invest in HR development and through that develop the skills of the staff members. A same time invest in market opportunities. RD to investigate alternative fuel such as Hydrogen, Solar, Wind and natural gas By research can find the best alternative and company can give attention to that. Extension of acquisition of North sea area Can develop deep sea oil well. Increasing demand for natural gas in USA and European countries. Efficient and effective resource allocation to maximize profit. Implement more flexible price polices to face their competitors. By price reducing can get more customers on their products Gas and Oil searching Will help to increase their market values and can demand them among the competitors Threats Strategic Option Unsound policies related to Environment after oil and toxic spill in 2006. Understand the policies and work with less effect to environment Explosion of factory tunnels in occasionally By keeping the brand image without harm can face the problem Has big rivals such as Shell and Chevron To make company as No1. And more promotional works Sold corporate owned stations. Buy the stations Pipeline decomposition Should check the pipeline back and do the needful changers Insecurity in some oil and gas producing countries and regions Should find some more producers in case to use. Task Three SMART Objectives of BP BP Objectives are prepared according to SMART (Specific, Measurable, Achievable, Realistic, and Timed).That means it should be particular about what we are going to achieve and should calculate about the objectives. There are a several types of objectives like process objectives, outcome objectives, personal objective that all can be done in the SMART format. BPs five year plan objectives are, Increase profitability by 20% Increase production Financial gain by serving to the increasing demand Build brand value that was affected by the oil spills BP spends on growing technology budget on potentially most competitively profitable innovations both in open and new power spaces. It is both a strategic option and an opportunity for BP when comparing with the rivals as BP is strategically positioned themselves in a highly innovative RD processes which is unmatchable by the rivals easily. While facing major challenges of dilapidated supplies and defense of supply in oil and gas, global warming and insist for pure energy in major markets, BPs percentage of expend on novel technologies is growing. Five year development plan for BP Business plan is a statement about companys future goals and plans to achieve those goals. This can be externally focus or internally focus. BPs Strategies in development can position as, Upstream growth Downstream turnaround Alternative Energy: alert disciplined Corporate overview In the upstream will hub on cost and capital efficiency to distribute profitable growth. In the downstream will drive additional efficiencies and a focus on quality and incorporation. They will maintain their disciplined approach to substitute energy and will carry on unlock corporate efficiency through a culture of uninterrupted enhancement. Evaluating and implementing the plan In business strategy, Johnson, Scholes and Whittington shows a model in strategic options are evaluated next to three key success criteria such as Suitability, Feasibility, and Acceptability. Recommendations Strategic investments in RD to exploit new market opportunities and to maximize efficient and effective productions. To negotiate with governments and other low and medium sized firms in the industry through a joint profit sharing process to search for new avenues of the market. Recruit experienced and capable sales, marketing and research experts. Re-build the brand value and affinity using new media opportunities like social media to reduce the black mark occurred as a consequence of oil spills. Streamline production and business operations by using just in time (JIT) and creating a agile end at the supplier end of the operations. Conclusion Strategic planning plays a vital role in strategic management and the leadership. Strategic planning can divide in to three stages as strategic Analysis, Strategic Options and Evaluation and Implementation. The British petroleum Corporation is a well established organization in petroleum industry and here it is illustrated through the strategy and competitive advantages of the BP and the technical tools which they could could use to analyze the situations. The porters five forces investigation helped identifying the competitive environment and market situation BP is facing. There are major rivals like Solar, Sharp, Chevron in the market and BP engaged with mass production. By the SWOT analysis company situation and the market position identified which extracts the internal and external environment of the company. BP is focused on customers and they believe in their mass productions over its rivals. Company can use strategy clock, Ansoff growth matrix tools to analysis their position in the market. To develop strategic options first it should identify the external context and priorities and clusters. Then it should develop the strategic options. SOP matrix is one of the best tools to identify the strategies of the company. BP has a decentralized en route for RD units. It also drives the strategic positioning of BP in competition among rivals. Cost advantage exits when company can give same benefits as competitor with lower cost. And differentiation advantage exits when the company can make different benefits or the value to the customer from their products (Broad differentiation strategy). As an Example BP is using combination of Crude oil and natural energy such as solar power to give differentiation to their customers and it is a well successful strategy. STEEPLE analysis also can be used to investigate the external environment in a business operates and concerned with the political, economic, social factors influential industry change and helps to gain a better understanding for external conditions for growth in a market. The porters five forces investigation helps to diversity a competitive environment. For example, BP analyzes the market for Quality oil production. BP entered into solar market in 1973 and produced BP solar in 2000, it was one of main strategy to face current oil crisis and environment issues. BP solar becomes profitable but it is not prominently spread among the public, so government involvement is important to become popular of solar power. BP business plan has advantage in the Research and investigation area. The crude oil plus the solar power combinations was very successful strategy implemented in recently. Products segmentation, explorations and productions, significantly company restructuring, improve cost efficiency, centralized company departments are their current strategies to compete with rivalry and increase company profits. They entered into oil plus solar power combination and they should strategically positioned the product segmentation, improve cost efficiency and enter into new market opportunities through the findings of RD to increase their profits. They have created value through technology innovation and this is a barrier for their competitors. But the opportunity is yet to be scrutinized with more investments to the RD. By a comprehensive situation analysis company can create strategic options to devise organizations external atmosphere and can exploit the potential.

Wednesday, October 2, 2019

Essays --

Alcohol should be illegal in the United States. Alcohol is scientifically proven to be depressing. Alcohol have ruined millions of families in US and around the world. Some people drink alcohol to get out of their depression but in reality they are getting more depressed just like tobacco and other drugs. It is the fifth most dangerous drug in the world. It is very easy to get hands on these days around any corner of the world. Today everywhere we go, people have social gatherings or party, in these gatherings we show class, what’s a better way to show class then open up an expensive bottle of patron or absolute vodka? Yeah see were this is going a man can’t be judged by what he drinks. But should this mean Alcohol should be illegal? Alcohol consumption can cause several problems like health, automobile accidents and crimes. Now a days, drinking alcohol is not big deal even if you are twenty one year old. Alcohol is ethanol and that cause more than sixty diseases for example cancer, anemia, cirrhosis and many more. Alcohol is central nervous system depressant that slow down ...

Segregation: The Processes of Inclusion and Exclusion Essay -- Sociolo

Race is an ambiguous concept possessed by individuals, and according to sociologists Michael Omi and Howard Winant, it is socially constructed. Race divides people into categories which causes needless cultural and social tensions. The concept of race also causes inclusion, exclusion, and segregation in U.S society. Both inclusion and exclusion tie together to create the overall process of segregation — one notion cannot occur without resulting in the others. Segregation is a form of separation in terms of race that includes the processes of inclusion and exclusion. Race was the main factor that caused conflicts among people in society in the realms of culture, education, and residential. Historians, sociologists, and other educators such as Macias, Kelley, Menchaca, Valencia, and Sugrue have researched the issue of segregation, how people use it to include and exclude others, as well as the consequences that followed. In the U.S society, Whites have fought to prevent interactions between them and Blacks throughout the centuries. One method of segregation that included inclusion and exclusion was through public housing — Whites reinforced means to drive Blacks out of their neighborhoods. In Thomas J. Sugrue's article, "Crabgrass-Roots Politics: Race, Rights, and the Reaction against Liberalism in the Urban North, 1940-1964," he addressed this issue of segregation in public housing for African-Americans. Whites in Detroit, Michigan were preventing the black population from "invading their enclaves." (65) The city of Detroit attracted many African-American migrants after World War II and those who sought upward mobility wanted better housing in primarily white sections of the city. Therefore racial tensions and segr... ... when people wanted to mix despite their races, authorities prevented them because of their races. Segregation with its processes of inclusion and exclusion existed in the cultural sphere even when people wanted to mix despite their races, but authorities prevented them because of that. People's beliefs in the superior and inferior races led to segregation that included and excluded people in U.S society. People disassociate with others because they have dissimilar interests and they look different. Races are biologically and genetically vary by nature but the activity of people physically distancing themselves because of their differences is what causes conflicts. When people engage in inclusion and exclusion in the process of segregation, that is when conflicts arise among them. It is when people start to believe in the superior races versus the inferior ones.

Tuesday, October 1, 2019

Fons Trompenaars’ Four Types of Corporate Culture Essay

Guided Missile – a project-oriented approach; concerned with results. This group looks for practical solutions to shared challenges via multi-disciplinary teams. The U.K. and U.S. fit into this group. Familial – this is a power-oriented model in which a ‘family’ approach is taken. Power comes from high but is well known and there is a deep concern for all members. Japan and Belgium fit into this model. Eiffel Tower – a role-oriented group in which hierarchy is important; top-down management style. To manage change, the business would have to change rules and procedures. France and Germany score high in this model. Incubator – fulfillment-oriented group who see all members as ‘co-creators’. A relatively egalitarian structure in which individuals are given the freedom to improvise. Silicon Valley is a good example of where this has worked to great effect. Trompenaars and Hampden-Turner: Seven Cultural Dimensions 1. UNIVERSALISM versus PLURALISM â€Å"What is more important – rules or relationships?† The degree of importance a culture assigns to either the law or to personal relationships. In a universalistic culture, people share the belief that general rules, codes, values and standards take precedence over the needs and claims of friends and other relationships. In a pluralistic culture, people see culture in terms of human friendship and intimate relationships. While rules do exist in a pluralistic culture, they merely codify how people relate to one another. 2. INDIVIDUALISM versus COMMUNITARISNISM â€Å"Do we function as a group or as individuals?† The degree to which people see themselves function more as a community or more as individuals. In a principally individualistic culture, people place the individual before the community. This means that individual happiness, fulfillment and welfare prevails and people take their own initiative and take care of themselves. In a principally communitarian culture, people place the community before the individual. Thus, it is the responsibility of the individual to act in ways which serve society. In doing so, individual  needs are automatically attended. 3. SPECIFIC versus DIFFUSE â€Å"How far do we get involved?† The degree to which responsibility is specifically assigned or is diffusely accepted. In a specific culture, people first analyse the elements individually and then put them together, the whole is the sum of its parts. People’s lives are divided accordingly and, only a single component can be entered at a time. Interactions between people are very well-defined. Specific individuals concentrate on hard facts, standards and contracts. A diffusely oriented culture starts with the whole and sees individual elements from the perspective of the total. All elements are related to one another. Relationships between elements are more important than individual elements. 4. AFFECTIVITY versus NEUTRALITY â€Å"Do we display our emotions?† The degree to which individuals display their emotions. In an affective culture, people display their emotions and it is not deemed necessary to hide feelings. However, in a neut ral culture, people are taught not to display their feelings overtly. The degree to which feelings become manifested is therefore minimal. While emotions are felt, they are controlled. 5. INNER DIRECTED versus OUTER DIRECTED â€Å"Do we control our environment or work with it?† The degree to which individuals believe the environment can be controlled versus believing that the environment controls them. In an inner-directed culture, people have a mechanistic view of nature; nature is complex but can be controlled with the right expertise. People believe that humans can dominate nature, if they make the effort. In an outer-directed culture, people have an organic view of nature. Mankind is viewed as one of nature’s forces and should therefore live in harmony with the environment. People therefore adapt themselves to external circumstances. 6. ACHIEVED STATUS versus ASCRIBED STATUS â€Å"Do we have to prove ourselves to receive status or is it given to us?† The degree to which individuals must prove themselves to receive status versus status simply given to them. In a culture with achieved status, people derive their status from what they have accomplished. Achieved status must be proven time and time again and status will be given accordingly. In a culture with ascribed status, people derive their status from birth, age, gender or wealth. Here status is not based on achievement but it is accorded on the basis of the person’s being. 7. SEQUENTIAL TIME versus SYNCHRONIC TIME â€Å"Do we do things one at a time or several things at once?† The degree to which individuals do things one at a time versus several things at once. Cultures developed their own response to time. Time orientation has two aspects: the relative importance cultures assign to the past, present and future, and their approach to structuring time. In a sequential culture, people structure time sequentially and do things one at a time. In a synchronic time culture, people do several things at once, believing time is flexible and intangible. http://www.provenmodels.com/580/seven-dimensions-of-culture/charles-hampden-turner–fons-trompenaars/ Geert Hofstede’s Six Cultural Dimensions The research of Geert Hofstede has shown that cultural differences between nations are especially found on the deepest level; i.e. on the level of values. In comparison, cultural differences among organizations are especially identified on the level of practices. Practices are more tangible than values. Means Oriented vs Goal Oriented The means oriented versus goal-oriented dimension is, among the six dimensions, most closely connected with the effectiveness of the organization. In a means oriented culture the key feature is the way in which work has to be carried out; people identify with the â€Å"how†. In a goal oriented culture employees are primarily out to achieve specific internal goals or results, even if these involve substantial risks; people identify with the â€Å"what†. In a very means oriented culture people perceive themselves as avoiding risks and making only a limited effort in their jobs, while each workday is pretty much the same. In a very goal oriented culture, the employees are primarily out to achieve specific internal goals or results, even if these involve substantial risks. Local vs Professional In a local company employees identify with the boss and/or the unit in which one works. In a professional organization the identity of an employee is determined by his profession and/or the content of the job. In a very local culture employees are very short term directed, they are internally focused and there is strong social control to be like everybody else. In a very professional culture it is the reverse Internally Driven vs Externally Driven In a very internally driven culture employees perceive their task towards the outside world as totally given, based on the idea that business ethics and honesty matters most and that they know best what is good for the customer and the world at large. In a very externally driven culture the only emphasis is on meeting the customer’s requirements; results are most important and a pragmatic rather than an ethical attitude prevails. This dimension is distinguishable from means versus goal orientation because in this case it is not impersonal results that are at stake, but the satisfaction of the customer, client or commissioning party Open System vs Closed System This dimension relates to the accessibility of an organization. In a very open culture newcomers are made immediately welcome, one is open both to insiders and outsiders, and it is believed that almost anyone would fit in the organization. In a very closed organization it is the reverse Easy Going Work Discipline vs Strict Work Discipline This dimension refers to the amount of internal structuring, control and discipline. A very easy-going culture reveals loose internal structure, a lack of predictability, and little control and discipline; there is a lot of improvisation and surprises. A very strict work discipline reveals the reverse. People are very cost conscious, punctual and serious Employee Oriented vs Work Oriented This aspect of the culture is most related to the management philosophy per se. In very employee oriented organizations members of staff feel that personal problems are taken into account and that the organization takes responsibility for the welfare of its employees, even if this is at the expense of the work. In very work oriented organizations there is heavy pressure to perform the task even if this is at the expense of employees. http://geert-hofstede.com/index.php