Saturday, February 29, 2020

Managing Organisations Essay Example | Topics and Well Written Essays - 2000 words

Managing Organisations - Essay Example ld help an organisation handle stress and health and safety at workplace; and economics would provide theories applicable in labour market dynamics and productivity. Managers, even the highly educated would always be seeking for universal, simple management solutions which do not exist because the contingency theory defines each situation need with its unique approach (Pettus, Kor & Mahoney 2009). According to Searle (2003), organisational psychology employs scientifically-based principles in psychology and research methods in the identification and solving of problems at work places. It aims at giving managers the insights into understanding and measuring human behaviour so as to improve employee satisfaction, increase the ability of managers to identify and promote best performers and make the working conditions better. These would be achieved through creation of tests and understanding the evaluation of human factors. According to the expectancy theory, one of the motivation psychological theories, the first step towards the attainment of superior performance from an employee would be through expectancy which describes the level to which an employee perceives that application of sufficient effort would yield successful achievement in a task (Searle 2003). In the second step, referred to as instrumentality, the employee’s concern would be whether successful achievement in a task would yield rewards. Finally, the employees’ value of the reward would also be considered. As a matter of fact, the Chartered Institute of Personnel and Development, CIPD (2005) points out at the equity theory which suggests that an employee would always compare oneself to other employees according to the contributions made and the reward received. Maslow also contributed to this discussion by defining the work environment and motivational effects where the scholar argued that several critical needs would be fulfilled through work, giving the hierarchy of these needs (Luthans et al.

Friday, February 28, 2020

Credit cards Essay Example | Topics and Well Written Essays - 1250 words

Credit cards - Essay Example For the rich, credit is a means of delaying payment for an item simply because the opportunity exists to purchase several resources without the use of cash transactions. For the business man credit is the chance to provide persons with resources without immediate payment whilst gaining extra income for the customer’s delayed payment. Credit therefore can be an advantage or a disadvantage. It depends on whose eyes you are using. In today’s information age the main method for receiving and allowing credit is the credit card. This essay will focus on how the credit card has evolved as well as its benefits and disadvantages. Today the credit card has become popular all over the world but does is it hold equal benefits for all its users? The piece of plastic called a credit card issued to customers by a Bank is used to make payments for various exchanges. It operates through a system of borrowing money. The customer gets to purchase items immediately and repay the bank at later date. The system of exchanging goods on credit for a card began since the late 1800s. By early 1900s oil companies and department stores gave out individual cards call ‘proprietary cards’. These businesses created these cards to improve customer loyalty and customer service (Gerson and Woolsey, 2009). The interest in cards soon spread to the other industries and in 1946 John Biggins presented the first bank card to be used in America only. It was called ‘Charg-It’. ... Therefore, 1959 marked the beginning of flexible payment but also the beginning of finance charges for customers. In 1966, credit cards were now accepted for the payment of a variety of purchases and in 1967 Barclays launched the first credit card in the United Kingdom. From this time the bank card industry grew at a rapid rate. Presently, more than fifty percent of all transactions in the United States of America and the United Kingdom are made on credit cards. This explosion of the use of credit card came about because of the seeming benefits to the customers. One of the most important features for all users is that people can pay immediately for the things they need. For all users but especially for the poor, the credit card offered a quick and easy help in times of medical and other emergencies. People now had access to a certain amount of money for dealing with unexpected costs. In addition people were able to pay for large purchases, such as furniture, electrical appliances, el ectronics and even precious jewels. What is more is people were given up to 56 days to pay in full before accumulating interest. Imagine the joy these 56 days gave to individuals who live from pay check to pay check. The supporters of credit cards suggest that users could now manage their purchases more than before as all the purchases made on these cards are listed on written or online statements. Not only did users find it easier to keep track of their purchases via the credit cards statements but they could also organise their budgets. They could observe their expenditures in detail and therefore eliminate those expenditures that were causing them to stray from their budgets. In short, credit

Wednesday, February 12, 2020

Human Transport System Essay Example | Topics and Well Written Essays - 1500 words

Human Transport System - Essay Example The atria and ventricle are separated by auricoventricular septum with a aperture guarded by three flaps called as tricuspid valve which prevents back flow of blood from right ventricle to right atria when right ventricle contracts. The opening of pulmary artery is also guarded by semi lunar valves to prevent the back flow of blood from pulmonary artery to right ventricle when it contracts. Thus right side of the heart receives venous blood from all parts of the body and pumps it to lungs for oxygenation. The left side of the heart also comprises of two chambers iii) upper left thin walled atria which receives oxygenated blood from the lungs through pulmonary veins and pumps to iv) lower left ventricle in turn opens to aorta to distribute to all parts of the body. Here again the atrioventricular septum separates upper and lower left atria and the ventricle with an aperture guarded by two flaps called the 'bicuspid valve' and the opening of aorta is guarded by 'aortic valve'. The superior vena cava collecting the deoxygenated blood from upper torso and head and Inferior venacava collecting from the lower torso and legs feeds the right atrium. The right atrium on contraction pours to right ventricle. The right chambers are small compared to left chambers as they carry blood to lungs of about a short distance. From the right ventricle pulmonary artery carries the deoxygenated blood to lungs for reoxygenation. After reoxygenation from lungs the blood is carried through pulmonary vein to left atrium which on contraction pumps to left ventricle. When the left ventricle if full the left atrium contracts pumping the blood in the left ventricle into the aorta which then distributes to entire body by means of small arteries arterioles and capillaries. Types of circulation I) Coronary circulation: Coronary circulation is the circulation of blood through the tissues of the heart for its own nourishment. The two coronary arteries branch from aorta and further branch themselves into smaller arteries capable enough to penetrate the cardiac muscles. II) Pulmonary circulation: The deoxygenated blood in right atrium is pumped to right ventricle and from there to lungs for reoxygenation and back from lungs to left atrium and subsequently to left ventricle is known as pulmonary circulation. III) Systemic circulation: the reoxygenated blood collected from lungs leaves the heart through the main artery-aorta. Aorta supplies the reoxygenated blood to all parts of the body through network of smaller arteries and capillaries. Again after the exchange of oxygen and metabolites it is collected from the capillaries of venous system and directed to the right atrium through two vena cavae. This phase is systemic circulation. During systemic circulation blood passes through kidneys for waste removal known as 'renal circulation' phase and also through small intestine known and 'portal circulation' phase. Structure and functions of the blood vessels Anatomically all blood vessels are made up of three layers i) inner -tunica intima. It is made up of flat endothelial cells resting on a layer of connective tissue with

Ethics and social responsibility and its affect on organization Essay

Ethics and social responsibility and its affect on organization - Essay Example Ethics and social responsibility and its affect on organization A Business enterprise is portrayed as an entity doing business to make a profit and forms an integral part of the community, society and market. The social responsibilities of a business are to improve performance, make profits and fulfilling the expectation of its stakeholders. Responsible business addresses the issue on ethics and social responsibility which is faced almost every day in the economy. Programs on business ethics provides the business with management and leadership practices helps in complying with the rule and regulation, minimizing the risk and bring value to the stakeholders (ITA, n.d, p.31). Thus the purpose of the report is to state the benefits of adopting the ethical and social responsibility practices in businesses. The main idea behind the report is to analyze the claim that by practicing ethical and social responsibility in business leads to increase in efficiency in the work place. Practice of ethics leads to good reputation of the company and the effect that ethical and social responsibilities have on the relationship with employees, customers and investors. The scenario talks about being ethical in business and practicing the habit of social responsibilities. The audience constitute of the CEO of the company, the HR, marketing manager, operation manager and also the employees. This is because the field of business ethics has changed as firms had recognized the benefits of conducting ethical conduct. Ethics contributes to firm’s commitment towards its employee, customer’s satisfaction and also towards the investors. It is necessary to practice ethics as most of the organization today aims to create a core competency against its competitors by way of practicing ethics and social responsibility. Organization with unethical practices are usually not looked a strong business organization and investors and customers often hesitate to invest in such organizations. Therefore organization with ethical value often tends to stay ahead from the unethical firms. Even employees would deliver high performance when they work in a good cor porate culture which ultimately leads to the success of the firm. Body Present the Information gathered Ethics and social responsibilities help the organization to increase efficiency. Managers always try to make the best use of the resources in order to increase the level at which organization perform. Pressure to increase performance is often regarded as healthy as it allows managers to question the way organization works and thus bring changes by practicing social responsibilities and ethicality (Jones, 2009, p.39). Business ethics and social responsibility can affect the reputation of the company. Practice of ethics can help in building reputation among employee, the customers, stakeholders and the general public (Ferrell, Fraedrich & Ferrell, 2008, p.25). Business ethics

Saturday, February 1, 2020

Sanctification and Justification Assignment Example | Topics and Well Written Essays - 500 words

Sanctification and Justification - Assignment Example In other words, a person is able to earn a positive evaluation in his eyes. Justification is closely connected to the idea of righteousness of Christ. Thus, just like the original sin was imputed on the humanity because of Adam, righteousness may be imputed on the humanity after the example of Christ. Another important point that should be mentioned is that justification comes exclusively through the grace of God. It is not based on any particular merit of a person. Therefore, it depends on the actions which are performed by God. However, the biggest significance holds the following notion: although justification is facilitated by God, it comes through the faith which is developed by a person. That is why the latter should also be seen as an irreplaceable prerequisite for justification as if one does not have a sufficient amount of faith, the process of justification will not happen. The next idea that should be carefully examined is called sanctification. It may be defined as â€Å"a progressive work of God and man that makes us more and more free from sin and like Christ in our actual lives† (Grudem, 2009). There are certain differences between sanctification and justification. Thus, the latter is performed once in life and lasts for ever. Contrary to that the former is carried out continuously during one’s life. The latter entirely depends on actions of God and the former is a result of cooperation of God and human. One might define three stages of sanctification. The first one begins with regeneration. The second stage involves the entire life of a person. Finally, it is completed only after the death of an individual. All this results in the understanding that the process of sanctification is a peculiar one as it is never completed when a person is alive. Therefore, death is the essential element of sanctification which can not be omitted. As it has been noted previously, the cooperation between God and human