Employability and Professional Development Assignment

Employability and Professional Development - Assignment Example These positive figures for the law graduates as far as enlistment paint a great picture for the current law graduates. The equivalent applies according to the compensation figures also. When contrasted and different alumni, law graduates will in general improve pay bundle. That is, college leavers â€Å"who figure out how to make sure about an alumni work in 2014 can expect a normal beginning pay barely shy of the  £30,000 mark†, in any case, with regards to law graduates, â€Å"who secure a situation with a law office can expect significantly more †with normal beginning compensations in 2014 of  £39,000.† (Employment 4 Students 2014). At the point when one examination a vocation advertise from the viewpoint of forthcoming representatives or graduates, enlistment and compensation numbers are the two key elements which will be engaged. On those lines, with the enrollment numbers and the compensation extend in the legitimate calling giving empowering indications, it foreshadows well for the current just as future law graduates. It is vital with respect to the law graduates to furnish themselves with ideal employability abilities and capacities, so they suitably fill the activity opportunities. At the point when the law graduates are soaked up with specific abilities from their initial years and critically build up specific aptitudes through their scholastics, it will help them to secure their fantasy position in a renowned law office. On those lines, I have created or am â€Å"imbibed† with specific aptitudes which I think will be very able for the law offices. Significantly, if those aptitudes and capacities are fundamentally assessed and surveyed dependent on the CareerEDGE model of Dacre Pool and Sewell (2007), it will give key points of view. CareerEDGE, created by Lorraine Dacre Pool and Peter Sewell at the University of Central Lancashire, is a commonsense model that is utilized to break down alumni employability. Under this model, graduates need to investigate themselves based on five basic co mponents. With regards to the two components of Career Development Learning and

Quality Improvement in the Concrete Blocks' Production Thesis

Quality Improvement in the Concrete Blocks' Production - Thesis Example Remedial Action and Preventive Action 22 2.5. Actualizing ISO9001:2008 22 2.5.1. The Quality Statement 22 2.5.2. Record Control 25 2.5.3. Quality Processes 27 2.5.4. Quality Assessment or Baseline 28 2.5.5. Inner Audit 29 2.5.5.1. Main driver Analysis 30 2.5.5.2. Remedial and Preventive Measures 31 2.5.5.3. Inward Audit 32 2.5.6. Outside Audit 34 2.5.7. Objective Setting 35 3. Technique 36 4. List of sources 54 Quality Improvement in the Concrete Blocks’ Production 1. Presentation ISO 9001:2008 is a lot of standards that can be applied to all associations paying little mind to type, size and item or administration gave e[Hoy-09). No matter the business an appropriately actualized ISO 9001:2008 powers the association to surpass itself by letting every office engaged with creation of its item to make a superior showing after each inward review [Phil-09]. The essential inquiry that will be replied in this paper will be whether the execution of the ISO 9001:2008 in the procedures associated with the production of solid squares will improve the nature of each square made by the association. The optional inquiry that will be replied by this paper will be: what are the means engaged with the execution of the ISO 9001:2008? The third inquiry that should be addressed will be: what are the hierarchical procedures that will be influenced by the execution of the ISO 9001:2008? Another quern that will be set will be: in what capacity can the quality be improved or kept up when the ISO 9001:2008 is completely operational or executed as of now. Utilizing the aggregate encounters of creators and industry experts of ISO 9001:2008 an execution structure will be produced for an association that fabricates solid square to guarantee if not ensure its quality (Cia - 1t). The essential impulse for the association in guaranteeing the nature of the solid squares they fabricate is to guarantee the security of the individuals that will utilize them (Cia - 101). Solid squares are utilized as dividers or bolster structure of structures. An inappropriately delivered solid square could result to injury and even passing (Kal). Not just it is basic to guarantee the security of the solid squares yet additionally another prompt concern is guarantee that the entire creation process is effective and can offer a greatest yield.  The Plan Do Check Act is in the core of the Toyota method of getting things done (Sobek II and Smalley). Toyota has been contemplated and have been expounded on a few times that it is careless not to incorporate the lessoned that we can learn in the manner they utilized the Plan Do Check Act idea in their administration style. Toyota being the best execution of the idea has not halted in growing better approaches for developing itself. In the genuine quintessence of its adherence of consistent improvement in the Plan Do Check Act structure the â€Å"Toyota Way† was created (Lik - 04). The ISO 9001:2008 and its ancestor Quality Mana gement Systems have carefully utilized a similar idea in the activity and usage of the ISO structure. All the creators through their work have been one in saying that the initial move towards making progress in the usage of a Quality Management System is the organization’s assurance and commitment in settling the present condition of its assembling forms. To decide the present condition of the assembling procedure to create quality items the accompanying must be set up first. What establish quality in the making of value

Food Chemistry Options Report free essay sample

Food Chemistry What is food science? Food science is the use of the real science that goes into the creation, improvement, and real making of the nourishments we much of the time expend. In all actuality, substantially more idea just as genuine science goes into the food creation and utilization that we as a general public unveil in so routinely. It is up to the food physicists to plan the most productive and quickest approach to make and safeguard both the intrigue just as the sustenance of the food. All things considered, not exclusively should the food satisfy the guidelines of the purchasers, yet the science behind it should likewise be in accordance with the rules set up by associations, for example, the FDA. Maybe the most significant factor when investigating a food is its compound sythesis. For instance, run of the mill lipids incorporate phospholipids, sterols, and nutrient D which as a result of their structures stay dissolvable in natural solvents however insoluble in water. We will compose a custom exposition test on Food Chemistry Options Report or then again any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page A typical lipid cosmetics of a greasy food contains a mind boggling blend of a wide range of particles. An enormous piece of these lipid cosmetics are typically a decent measure of triacylglycercols which are actually the esters of three unsaturated fats attached to a glycerol atom. Variety in greasy nourishments are then brought about by contrasts in chain length, level of unsaturation, and position on the glycerol molecule(ACS). Another unmistakable factor while considering the various kinds of fats is that the interesting profile of lipids present decides the specific nourishing just as physiochemical properties. As the conversation of food fat and oils proceeds, recognize that the distinction between the two is that a â€Å"fat† is a lipid that is strong at room temperature though a â€Å"oil† is a lipid that is fluid at that equivalent temperature. Alongside lipids, starches additionally have an altogether different compound structure that adds to their interesting characteristics. Starches exist in blends of carbon, oxygen, and hydrogen which truly shows how straightforward the base structure of a sugar is. Within the sight of creatures, sugars can be viewed as starches though in plants they are most usually seen as cellulose. Starches can be most generally distinguished in their base state as basic sugars yet they can rapidly join to frame complex structures as a greater amount of the basic sugars consolidate. A typical structure for a basic sugar or monosaccharide is a carbon chain finishing with a carbonyl gathering that additionally has hydroxyl bunches spread out over the particle. The fundamental distinction from some basic sugars to others is the particular direction of the hydroxyl bunches around the straightforward sugar chain. As the discussion of lipids goes more into profundity, it is critical to recognize the various sorts of fat and for this situation the contrasts among soaked and unsaturated fats. It has for quite some time been regular information that unsaturated fat is better for you and that immersed fat is only awful for you however it has never truly been clarified. In any case, while looking at into the real compound impacts that these two fats can have, it turns out to be a lot simpler to perceive any reason why one would be considered such a great amount of more beneficial over the other. As the concoction structure of soaked fats are inspected it very well may be seen that since the particle is so thought with hydrogen iotas, there is no twofold bonds contained between the molecules. These soaked fats have been known to raise cholesterol levels in view of the more thick fat that must be expended. At the point when the structures of unsaturated fats are seen, it tends to be seen that there is a colossal contrast between its substance structure and that of the soaked fat. This distinction is appeared by the nearness of twofold bonds between a portion of the particles. This nearness of twofold securities at that point shows that the molecule has a significantly less gathered state in contrast with the soaked fats which likewise clarifies why it stays at a fluid at room temperature rather than an increasingly thick strong. Accordingly, these unsaturated fats require substantially less of an exertion by the body to expend since they are less thick which is truly what encourages them in being considered so a lot more advantageous. Time span of usability, the time allotment an item can be put away without getting unsatisfactory for use or consumption(Gyesley S. . There are numerous variables that go into the protected time span of usability of nourishments and huge numbers of which that have to do with the real compound sythesis of the food being referred to. These components incorporate the nourishments introduction to light, heat, water content, just as exposures of the food to air as a rule which can prompt moderate yet genuine substance changes aft er some time. The principle issue related with the introduction of light onto nourishments is the manner by which solid the effect of light can figure out how to be. A lot of light will cause a misfortune within the sight of nutrients just as the general appearance since the abundance of light can prompt an a lot quicker weakening of the food. There can truly be an issue with the measure of water content in bundled nourishments today as well, as that can influence the rate at which that food experiences substance changes in any case in the event that the food comes dry and, at that point starts to get dampness it can definitely change the rate at which microbial deterioration will happen. These concoction changes in the food is truly what prompts the sharp decrease in timeframe of realistic usability just as the nature of the food and it is impacted in a solid manner by the temperature at which the food is put away. A gallon of milk forgot about at room temperature produces microbial development a lot quicker than one that is left in the cooler. It is imperative to acknowledge how significant the protection of food becomes in the wake of finding out about how effectively food can ruin. The first of these is one of the most clear that includes putting away dairy items at low temperatures which as a rule incorporates utilizing a fridge. There are additionally a few strategies that change the bundling, for example, numerous nourishments nowadays that are bundled in decreased oxygen. The development of the conventional deterioration living beings can be forestalled by the use of this new strategy at a higher rate than at any other time. The utilization of these new bundling methods truly varies from the past when one of the most widely recognized types of conservation in meats was to salt them intensely. As that is currently still a choice, it is utilized way less frequently in view of how unfortunate that has become to be considered by our general public today. What is at times essentially disregarded in nourishments is the appearance by which they come. Nourishments have shading as a result of their capacity to reflect and ingest the various frequencies of obvious light. While thinking about where these hues really originate from the appropriate response generally includes one of the normal shades of either anthocyanins or carotenoids. Anthocyanins are all the more ordinarily known to be available among plants. The hues they produce go from pink, red, and purple to blue. Carotenoids are viewed as even more a general igment as they are for all intents and purposes discovered all over. These hues include red, orange, and yellow which are ordinarily most observed through nature. Regarding the nearness of Anthocyanins in plants, it is imperative to understand that alongside it comes the ordinarily known characteristic shade of chlorophyll that is normally found in any plant that shows green. As the discussion onto the presence of food proceeds , another part of food that would need to be considered is the surface of nourishments. In fluids, one of the most widely recognized ways that is utilized to change surface or the look is through the procedure of emulsion. This includes consolidating two fluids that would ordinarily be insoluble to one another by methods for adding one to the next drop by drop. This procedure of emulsion can truly be accelerated by the expansion of an emulsifying specialist also which takes into account the two fluids to join quicker. At the point when the real term of â€Å"emulsifier† is utilized, this fair portrays the real substance that permits little beads of one fluid to get suspended into the other. Taking everything into account, food science includes a lot of natural and compound structure information so as to keep up and enhance the food creation and handling procedures that are as of now out there. Substantially more idea is frequently placed into food science then the vast majority would think which shows why it is regularly not known or comprehended by the normal individual. Be that as it may, as food advancement and protection turns out to be considerably progressively noticeable in our general public today, basic food science information should turn out to be all the more notable.

Western civilization.Persian Empire,Greece and Ancient Rome Essay

Western civilization.Persian Empire,Greece and Ancient Rome - Essay Example Present day human advancement today is by all accounts a long way from the universe of old history where stone and man were the basic structure squares of innovation, however when inspected intently, that isn't entirely. Present day human advancement can follow its courses unmistakably to old history, one progress after the other, with each impacting the following and every single resulting realm, as far as both development and innovation. Maybe one of the most progressive domains of now is the ideal time, as far as mechanical turn of events and development, was the Persian Empire, which possesses the territory currently held by present day Iran. This was maybe because of the way that their own mechanical advancements and thoughts were incredibly encouraged being developed because of the regular assets accessible in the territory. The Persian realm can not exclusively be ascribed to innovations, for example, the Qanat, a water system framework, windmills, or even the soonest batterie s †which were conceivably utilized for purposes, for example, electroplating †yet additionally to an incredible number of mechanical advances, regarding weapons just as craftsmanship and design. The Persians had figured out how to build up their old instruments of blades and bows and bolts into more grounded, further developed weapons made of hard metal by the standard of Darius. This included the two weapons, for example, the metallic blade and blades, just as covering, for example, shields and protective caps. Persian design incorporated the utilization of juice rather than stone, permitting them to make tall, high structure, upheld by more slender and increasingly sensitive, yet more grounded, pillars than different structures of the time. The Persians can likewise be credited to having developed history’s first boat connect. A considerable lot of these creations filled in as motivation for future turn of events and some of them are in reality despite everything utilized today, however in an innovatively further developed structure. As cutting edge as the Persians would have been voluntarily be that as it may, there is definitely no uncertainty as to staggeringly propelled degree of development and innovation held by the Greeks. Creator and mathematicians, for example, Heronas, who was the brain behind cutting edge water powered frameworks just as numerous different machines and robotization frameworks, was likewise ascribed to having concocted and built up the world’s first steam motor. The steam motor, in its created present day structure, was one of the most achievement developments for current western human advancement as it gave a total divert of instrument from the antiquated long stretches of doing everything by hand. It made an away from between the time of man and the period of machines, with current progress growing quickly and drastically after its creation. Without a doubt a large number of our innovations today can follo w its course back to the steam motor, or can at any rate certify it to being the motivation behind them. The head behind fly drive is to be sure the specific rule behind the antiquated Greek adaptation of Heronas’s steam motor. Revolving plants, screw presses and the utilization of apparatuses and screws may likewise be ascribed to the Greek creators of fifth Century BC. Maybe the most noteworthy time of Greek effect on present day progress is the Hellenistic time frame, or the Age of Alexander, where the advanced western of human progress discovers its underlying foundations in innovative effects, yet in addition as far as theory, science, legislative issues and writing. In the Hellenistic time frame, researcher concentrated more on the pragmatic part of science, abiding into viable investigations, as opposed to concentrating just on hypothetical discussion, which was more the focal point of exemplary time researchers, for example, Plato and Aristotle. Early compositions sho wed proof that the Hellenistic researcher Strato had in extraordinary detail portrayed the head and development of a vacuum, an advancement that would not appropriately be thought of and created until some other time in the Renaissance Period. Strato additionally chipped away at the principals of increasing speed, power, gravity and energy, which are all major principals in material science and innovation. What made these

Blog Archive University of California Los Angeles (Anderson) Essay Analysis, 20112012

Blog Archive University of California Los Angeles (Anderson) Essay Analysis, 2011â€"2012 Two years ago, UCLA Anderson introduced an application essay question that required candidates to creatively express themselves. Last year, the school made the question optional. This year, it dropped this much-discussed essay question altogether. Were the segments overproduced? Did the question give a technological advantage to some, but not others? Who can say? What we do know is that UCLA Anderson’s essay questions this season are now pretty sparse. Essay one offers your best opportunity to stand out, so use it wisely. REQUIRED ESSAYS: Please be introspective and authentic in your responses. Content is more important than style of delivery. We value the opportunity to learn about your life experiences, aspirations, and goals. 1. What events or people have had the greatest influence in shaping your character and why?     (750 words) In offering you the opportunity to discuss an event or people that have shaped your character, UCLA Anderson is trying to learn, not about others, but about you through others. So, if you were to write about Gandhi, you are not writing a biography of the man, but the story of his influence on you. Of course, we strongly advise that you not write about how Gandhi, Bill Gates, Warren Buffett or some other highly notable public figure influenced you, because it will be very difficult to own your connection to this person â€" how has Gandhi, for example, influenced you, in a way that he has not influenced others? It is possible to write about how a less public philosopher or business leader influenced you, but the connection must truly be profound and his/her influences must be very deliberate in your current actions. You have to show how this person’s influence has manifest and indeed, “shaped” you. Many candidates will write about family members, who can be a fine choice. Again, what needs to be clear is the cause and effect relationship. The reader needs to understand the profound influence the individual has had on you and needs not to learn about you through this person Bad: My grandfather was born in 1935 in what is now Slovakia. He grew up on a farm and has subsequently always loved to grow his own vegetables. Good: My first memories come from my grandfather’s garden, pulling up carrots, picking tomatoes and digging up potatoes. As we harvested what we had grown together, he would laugh and say to me, “You have to take time to watch the potatoes bloom…” With respect to events, again, we are similarly learning about you through an externality and again, the event need not be known to the public, but here you have more leeway. For example, one could talk about the changes that occurred when a loved one went to fight in Iraq, but then, the experience is still focused on you and your life, your family, not on the war. Still, you need not worry if you did not have an experience that was this profound. Again, you simply need to think about an event that became an experience for you and the impact of it must be highly personal. We often advise applicants to tell their stories narratively and to launch directly into the action; this approach would work particularly well for this essay. Starting this essay with a formal introduction, wherein you sum up for the reader what he/she is about to be told in the rest of the text, will prevent you from being able to create momentum or suspense in your story. Consider the following example: Bad: “The most influential event in my life occurred when I defied expectations and was elected student president of my 50,000 person college.” With this kind of opening, where is the mystery? Where do you go from there? By contrast, consider the following: Good: “Rushing to class on a chilly fall morning, I stopped dead in my tracks when I saw a poster advertising the upcoming class elections.” By launching into the “action” of your story and maintaining the mystery within it, you will grab and hold your reader’s attention, and the story of your shaping event will have maximum impact. 2. What are your short-term and long-term career goals, and how will an MBA from UCLA Anderson specifically help you achieve these goals? (750 words) Because Personal Statements are similar from one application to the next, we have produced the mbaMission Personal Statement Guide, which helps applicants write this style of essay for any school. We offer this guide to candidates free of charge, via our online store. Please feel free to download your copy today. Do not use up precious word count here detailing your professional career and accomplishments to date, but do include some general reference to your past work experience to frame why you need an MBA education to attain your stated goals. You must then clearly explain what UCLA Anderson offers in particular that will help you. As always, avoid telling the school what it already knows about itself, and instead strive to demonstrate links between specific offerings at the school and your aspirations. You will need to do your research to best identify direct ties between what Anderson offers and your professional goals, personal beliefs, study style, etc. The deeper your knowledge of the school, the easier pinpointing specific resources will be in the context of your future success, and thus, the more effective your essay will be. Take time to go beyond the school’s view book and Web site and contact students and alumniâ€"and, ideally, visit the school and attend a class. For a thorough exploration of UCLA Anderson’s academic program/merits, defining characteristics, crucial statistics, social life, academic environment and more, please check out the mbaMission Insider’s Guide to the UCLA Anderson School of Management. Share ThisTweet 2011-2012 MBA Essay Analysis University of California Los Angeles (Anderson)

Effects of Stress Among Workers Research Paper - 1375 Words

Effects of Stress Among Workers (Research Paper Sample) Content: Effects of stress among workersStudentà ¢Ã¢â€š ¬s nameCourse name and numberInstructorà ¢Ã¢â€š ¬s nameDate of submissionAbstractThe purpose of this research was to determine the effects of stress among workers. A sample of 100 workers was used in the research and this included both sexes. Stress is generally a psychological problem that interferes with the stability of the mind of an individual CITATION Thu11 \l 1033 (Thurston-Snoha, 2011). Interviews were carried out among the 100 workers where they were asked of how stress affected their performance at work. Not all workers were reached out to be interviewed. Therefore, use of questionnaires was employed in the exercise. According to the results it was found out that stress had negative effects on the performance at work among most workers. More than 50 workers involved experienced fatigue, lack of concentration at work, lack of sleep and depression due to stress leading to poor performance. Some had positive eff ects as it motivated them to do work.Effects of stress among workersThere are several known causes of stress on individuals which are either positive or negative. Positive causes include pay rise while the negative causes include divorce and lack of finances. Stress is harmful to the body as it results to health deterioration hence reduction in its performance CITATION Wil00 \l 1033 (Schaufeli, 2000).There are several theories related to stress. First there is the fight or flight which causes the victim to feel frightened easily or ready to engage in an exchange of blows incase on comes on their way CITATION Sye13 \l 1033 (Naqvi, 2013). Such people get hurt in the process as the stress makes them to be brutal to others. Such workers are hard to handle as they always feel unloved when their bosses assign them certain tasks.There is another theory invented by Hans Selye in 1970 which provides a safer way of getting rid of stress CITATION Lau11 \l 1033 (Claussen, 2011). It entails t hree phases; the alarm, resistance and the exhaustion phase. When one is under stress, the body engages in an activity which results to exhaustion of the body. It therefore remains strong and stress free. This can therefore be a good way of controlling stress by engaging in tiring activities which are different from the daily activities.The current study aids at proving that stress has negative effects to workers. The stressed workers were at times unable to work or complete the tasks which resulted to less output at their respective work places.MethodParticipantsThe participants in the research included 150 workers of both sexes. These were people within the 40-60 years range. This group was used as it had a lot of experience at work and would perform better if there were no hindrances in their work such as stress. The participants were of different standard as they varied from managers to subordinate staffs. Also most of them had families which could be a cause for their stress. T he participants worked in offices and production industries working each day for 8 hours a day that is from 8 in the morning up to 4 in the evening. In that duration they were engaged in their respective assigned activities in various fields.MaterialsThe data was collected through the use of questionnaires which had different questions on the effects of stress among workers. They were distributed to the workers for filling. Also for those who could not get the questionnaires, telephone interviews were applied to collect information from them. Calling as well as printing charges were incurred during the process.ProcedureThe questionnaires had a bunch of questions on the effects of stress among workers which were distributed to various workers in the area of study. The workers were to fill them fully and return them to the researcher for analysis. They were to be truthful about their experiences at work linking it with the various types of stress they had. Telephone call interviews we re carried out among the workers who worked far from their work places for instance sales persons. Similar questions as those in the questionnaires were asked during the interviews. This was to ensure that both data collected in both ways were the same and would not result in different analysis. The interviews were efficient as they enabled the interviewer get detailed feedback from the workers unlike the case for the use of questionnaires.ResultsSome workers did not submit their questionnaires while others were not ready for an interview. Out of 150 participants used in the research, 50 participants did not give any feedback. Among the 100 workers that were used in this research, 75% of them admitted that they were stressed due to various reasons. Some claimed it was due to loss of their loved ones, divorce, lack of finances and lack of family support CITATION Lau11 \l 1033 (Claussen, 2011). This made them take lots of time thinking about how they were going to rectify the proble ms so that life would run smoothly. Some engaged in drug and substance abuse as a way of eliminating the stress which did not actually solve their problems. Instead they had fears of being laid off incase their bosses came to know of their drunkenness.The workers claimed to feel asleep in their work which resulted in poor work performance. Some claimed to have loss of memory in some things. They could not recall the instructions given by their bosses which lead to quarrel in case the managers got to know that they did not do what they instructed. There were also complaints from clients that they were not being served properly while others claimed having not been served. This led to loss of confidence by the clients and had to seek help from other places CITATION Wil00 \l 1033 (Schaufeli, 2000).The managerial staff claimed that they had high levels of absenteeism in their organization as the workers claimed to be unable to work at those times. This made them look for other sources o f labour so as not to retard the progression of the companies. In those cases where there was no absenteeism, the workers arrived late and no self- drives at work. More so, there were accidents that were reported among the workers. Some fell while working while others hit themselves with the machinery they were using at work.Some workers always complained each time they were working. They took the work as a burden and the only drive that made them continue working was the salary at the end of the month. In case the manager was not supervising ... Effects of Stress Among Workers Research Paper - 1375 Words Effects of Stress Among Workers (Research Paper Sample) Content: Effects of stress among workersStudentà ¢Ã¢â€š ¬s nameCourse name and numberInstructorà ¢Ã¢â€š ¬s nameDate of submissionAbstractThe purpose of this research was to determine the effects of stress among workers. A sample of 100 workers was used in the research and this included both sexes. Stress is generally a psychological problem that interferes with the stability of the mind of an individual CITATION Thu11 \l 1033 (Thurston-Snoha, 2011). Interviews were carried out among the 100 workers where they were asked of how stress affected their performance at work. Not all workers were reached out to be interviewed. Therefore, use of questionnaires was employed in the exercise. According to the results it was found out that stress had negative effects on the performance at work among most workers. More than 50 workers involved experienced fatigue, lack of concentration at work, lack of sleep and depression due to stress leading to poor performance. Some had positive eff ects as it motivated them to do work.Effects of stress among workersThere are several known causes of stress on individuals which are either positive or negative. Positive causes include pay rise while the negative causes include divorce and lack of finances. Stress is harmful to the body as it results to health deterioration hence reduction in its performance CITATION Wil00 \l 1033 (Schaufeli, 2000).There are several theories related to stress. First there is the fight or flight which causes the victim to feel frightened easily or ready to engage in an exchange of blows incase on comes on their way CITATION Sye13 \l 1033 (Naqvi, 2013). Such people get hurt in the process as the stress makes them to be brutal to others. Such workers are hard to handle as they always feel unloved when their bosses assign them certain tasks.There is another theory invented by Hans Selye in 1970 which provides a safer way of getting rid of stress CITATION Lau11 \l 1033 (Claussen, 2011). It entails t hree phases; the alarm, resistance and the exhaustion phase. When one is under stress, the body engages in an activity which results to exhaustion of the body. It therefore remains strong and stress free. This can therefore be a good way of controlling stress by engaging in tiring activities which are different from the daily activities.The current study aids at proving that stress has negative effects to workers. The stressed workers were at times unable to work or complete the tasks which resulted to less output at their respective work places.MethodParticipantsThe participants in the research included 150 workers of both sexes. These were people within the 40-60 years range. This group was used as it had a lot of experience at work and would perform better if there were no hindrances in their work such as stress. The participants were of different standard as they varied from managers to subordinate staffs. Also most of them had families which could be a cause for their stress. T he participants worked in offices and production industries working each day for 8 hours a day that is from 8 in the morning up to 4 in the evening. In that duration they were engaged in their respective assigned activities in various fields.MaterialsThe data was collected through the use of questionnaires which had different questions on the effects of stress among workers. They were distributed to the workers for filling. Also for those who could not get the questionnaires, telephone interviews were applied to collect information from them. Calling as well as printing charges were incurred during the process.ProcedureThe questionnaires had a bunch of questions on the effects of stress among workers which were distributed to various workers in the area of study. The workers were to fill them fully and return them to the researcher for analysis. They were to be truthful about their experiences at work linking it with the various types of stress they had. Telephone call interviews we re carried out among the workers who worked far from their work places for instance sales persons. Similar questions as those in the questionnaires were asked during the interviews. This was to ensure that both data collected in both ways were the same and would not result in different analysis. The interviews were efficient as they enabled the interviewer get detailed feedback from the workers unlike the case for the use of questionnaires.ResultsSome workers did not submit their questionnaires while others were not ready for an interview. Out of 150 participants used in the research, 50 participants did not give any feedback. Among the 100 workers that were used in this research, 75% of them admitted that they were stressed due to various reasons. Some claimed it was due to loss of their loved ones, divorce, lack of finances and lack of family support CITATION Lau11 \l 1033 (Claussen, 2011). This made them take lots of time thinking about how they were going to rectify the proble ms so that life would run smoothly. Some engaged in drug and substance abuse as a way of eliminating the stress which did not actually solve their problems. Instead they had fears of being laid off incase their bosses came to know of their drunkenness.The workers claimed to feel asleep in their work which resulted in poor work performance. Some claimed to have loss of memory in some things. They could not recall the instructions given by their bosses which lead to quarrel in case the managers got to know that they did not do what they instructed. There were also complaints from clients that they were not being served properly while others claimed having not been served. This led to loss of confidence by the clients and had to seek help from other places CITATION Wil00 \l 1033 (Schaufeli, 2000).The managerial staff claimed that they had high levels of absenteeism in their organization as the workers claimed to be unable to work at those times. This made them look for other sources o f labour so as not to retard the progression of the companies. In those cases where there was no absenteeism, the workers arrived late and no self- drives at work. More so, there were accidents that were reported among the workers. Some fell while working while others hit themselves with the machinery they were using at work.Some workers always complained each time they were working. They took the work as a burden and the only drive that made them continue working was the salary at the end of the month. In case the manager was not supervising ...

Eye Contact And Nonverbal Communication - 962 Words

Eye Contact in Nonverbal Communication Another important aspect of nonverbal communication process is eye contact. In America, eye contact is very important but it is different in some cultures and countries. For example, Muslims often lower their graze and try to not focus on the opposite sex features except for the hands and face. In fact, lustful glances to those of the opposite sex is prohibited in their cultural. In addition, the Japanese culture view eye contact differently. According to (SITE), Japanese children are taught in school to direct their gaze at the region of their teachers Adams apple or the tie kot. As adults, the Japanese culture lower their eyes when speaking to a superior as a gesture or respect. On the contrary, in America, teachers prefer students to engage in eye contact because it indicates that they are alert and following along to their lecture or peers. According to (SITE), a study conducted in Germany which infants were examine during their first 12 we eks of life. The researchers studied the relationship between eye contact among the infants. After watching the videos, the researchers measured the mutual eye contact between the mother and the infant by looking at the overlap in time when the mothers looked at their infant’s face. In addition, the study found that the amount of eye contact between the mothers and infants increased over the first 12 weeks. The mother who held eye contact with her child during four weeks was described asShow MoreRelatedEye Contact And Nonverbal Communication1184 Words   |  5 PagesEye contact: Eye contact is fundamental when imparting as it tells the beneficiary you are tuning in, demonstrating an intrigue and understanding messages. The absence of eye contact could mean the beneficiary is not hearing you, so you may need to consider advances to help with this. For examples: Eye contact is the meeting of the eyes between two people. In people, eye contact is a type of nonverbal correspondence and affects social conduct. ... The traditions and essentialness of eye contactRead MoreDifferent Ways Nonverbal Communication Is Expressed, Examples Are Expressions, Eye Contact, And Body Language ( Weitz1532 Words   |  7 PagesCommunication is defined as the act or process of using words, sounds, signs, or behaviors to exchange information or to express ideas, thoughts, or feelings, to someone else (Mehrabian, 1977). According to this definition, communication is not limited to verbal exchanges. Each participant of a conversation is presented with verbal responses as well as the unspoken gestures and expressions of the respondent. 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In a business setting duties performed are the main reasons for an employees success, though studies and reports show that nonverbal communications can hinder or excel an employees relationships. Ultimately, nonverbal communications can benefit a business. With the communication of nonverbal there are many forms that help to read body language and true feelings including: adapters, a body movementRead MoreSpatial Zones And Body Language996 Words   |  4 PagesBody Language Nonverbal Communication Across Cultures Leah Breiss and Briana Valdez Clark University Author Note This paper was prepared for Management 170 Managerial Communication taught by Professor Cheryl Amantea during the Semester Term Fall 2016 Spatial Zones and Body Language Nonverbal Communication Across Cultures Introduction Nonverbal communication plays a central role in any conversation. 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However, after taking this class it is quite clear to me that communication is not just verbal communication but nonverbal as well. After taking this course, I have become able to understand the nonverbal aspects in each and every communication, I use to encounter with orRead MoreNonverbal Communication in Foreign Culture vs My Culture1212 Words   |  5 PagesFind examples of the types of nonverbal communication that are specific to a foreign  culture and compare these to your own culture.  Ã‚  Analyse how the nonverbal communication of both cultures could impact upon business dealings between the two. Nonverbal communication is the act of communicating without speaking, and instead involves the use of gestures, facial expressions and body language and is an important part of how people communicate, sometimes more powerful than verbal interaction, and makesRead MoreCommunication Occurs Everyday With People At Work Or Home909 Words   |  4 PagesCommunication occurs everyday with people at work or home. Communication is important for people to pass information and entertainment. This paper will discuss different aspects of communication. These aspects include the explanation of the two communication types and how nonverbal communication can help the communication with others. Another item that will be discussed will involve results based on a survey taken that is on communication. People have communication using two different types. TheseRead Moreï » ¿Verbal communication and nonverbal communication1374 Words   |  6 Pagesï » ¿Verbal communication and nonverbal communication What Is the Meaning of Verbal Communication? Verbal communication is an act of conveying messages, ideas, or feelings through the use of mouth. Verbal communication is the main way of communicating face-to-face. Among the key components of the verbal communication are words, sound, speaking, and language. 9 effective forms of Verbal Communication 1. Read more – Simply increasing what you read (business texts, novels, newspapers etc) can

The Necklace, A Monkeys Paw, And The Gift Of Magi

The Necklace, A Monkeys Paw, and The Gift of Magi all have a distinctive technique that leads to a deeper meaning of the story. The technique of The Necklace is represented by symbolism of the necklace. In A Monkeys Paw, the technique that is seen is foreshadowing. In The Gift of Magi, irony is the technique that is noticed throughout the story. All three short stories deal with the irony of consequence. Each story involved a major decision and in each case the result of the decision was incredibly unexpected. Through symbolism, foreshadowing, and irony the authors conclude that whats inside the heart is far more important than material wealth. In The Necklace Mathilde is a poor young woman who idolizes beautiful things†¦show more content†¦If she wouldve been proud of her inner beauty and not so focused on wealth and status, then her life would have been so much more rewarding. She learned the incredibly tough consequence of not Madame Forester about losing the necklace. Her decision cost herself time and money but more importantly, cost Mathilde her pride. In The Gift of Magi, Della and Jim sacrifice their prized possessions for each other and for love. Irony is represented in this story when Della and Jim both get each other gifts that mean a lot to each other. However, what they did not realize is that when Della cut her hair to to buy Jim a chain for his watch, she was unaware that Jim was going to sell his watch to buy her combs for her hair. The irony of their gift exchange is monumental as their unconditional love for one another took over for their own personal possession. Jim exclaims, â€Å"I dont think theres anything in the way of a haircut or a shave or a shampoo that could make me like my girl any less. But if youll unwrap that package you may see why you had me going a while at first. The magi which are described as wise men also signifies irony because Della and Jims presents were more than wise. They represented that a gift does not need to be expensive to have value. A gift can be more meaningful just by the thought. The Monkeys Paw, deals with a familys unwillingness to accept things as they should be. They desired more and paid the dire

Speeches hit the spotlight as they merge into the largest firm in the industry - Free Essay Example

Sample details Pages: 11 Words: 3320 Downloads: 4 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? Chapter 1 INTRODUCTION: THE MA MANIA Every time you watch the news or read the paper youd be faced with news of the merger mania and leaders discussing their visions and aspirations. Their speeches hit the spotlight as they merge into the largest firm in the industry. The press pushes for more statements, figures and secrets. The lights jump from one big transaction to the other leaving CEOs and their subordinates facing the daily-born challenges of a merger. Time passes and they now know that their jobs are at stakeÃÆ' ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒâ€šÃ‚ ¦.. DEFINITION OF MERGERS ACQUISITIONS The term MA is strictly confined to strategically motivated business combinations i.e. transactions that result in the transfer of ownership as well as management and control rights from one company (the target) to another (the acquirer)  [1]  . This can be further described as follows: Acquisition: It occurs when one company takes controlling ownership of another firm or subsidiaries/assets of another firm. This includes spin-offs, divestitures and buy-outs  [2]  . In the course of acquisition process, firm A purchases a controlling interest in firm B. Firm B loses its economic independence. It may, however, remain an independent legal entity. The purchase can be a negotiated deal, in the case of listed corporations, firm A may make a public offer to all shareholders of firm B to buy their shares (tender offer). In case of asset acquisition, firm A purchases assets from firm B. If Firm A purchases all assets, firm B remains a shell corporation which owns only cash. It m ay be dissolved after paying out the cash to its owners. The two different types of acquisition (friendly and hostile takeovers) are further detailed and illustrated in the next section (1.3 The corporate takeover market pg.6). Merger: It is a combination of two or more firms in which all but one legally cease to exist, and the combined organization continues under the original name of the surviving firm  [3]  . Mergers and acquisitions occur in different directions: Horizontal is when both companies are in the same industry. A big example of a horizontal acquisition occurred on July, 2002, Pfizer, Inc. announced the acquisition of Pharmacia, Corp., which would create the largest pharmaceutical company in the world with a projected $48 billion in annual revenue and a research budget of more than $7 billion. Vertical is when a company integrates upstream or downstream their value chain. A big example of a vertical acquisition is that of Internet giant America Online, Inc. (AOL) purchasing media conglomerate Time Warner Inc. in a record setting one-hundred and sixty-five billion dollar deal  [4]  . The merger represented the next generation media company, combining new and old companies into one. Time Warners print publications, cable television lines, and services complemented AOLs online and interactive services and therefore, it is categorized as a vertical acquisition. Conglomerate (diversification) is when companies are from unrelated industries. The products of the two firms are not directly related to each other. With the acquisition, the buyer enters a new market  [5]  . Kelsos acquisition of Nortek is an example of a conglomerate merger. The two companies are totally unrelated. Nortek Inc. is a leading international designer, manufacturer and marketer of building products while Kelso Company, L.P. is a private equity firm based in New York City. Don’t waste time! Our writers will create an original "Speeches hit the spotlight as they merge into the largest firm in the industry" essay for you Create order THE CORPORATE TAKE-OVER MARKET The various tactics that may be used in developing the MA strategy should be viewed as a series of decision points, with objectives and opinions usually well-defined and understood before an MA attempt is initiated. This is illustrated in figure 1 in page 14. Such tactics could be done in a friendly or a hostile strategy. Common objectives for a bidder include: winning control of the target, minimizing transaction costs, facilitating post-MA integrationÃÆ' ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒâ€šÃ‚ ¦etc. Friendly takeovers: This type of MA is less costly than aggressive tactics. It retains the key personnel, customers and suppliers during the transaction. It also manages to maintain the targets purchase price and the premerger integration. The primary disadvantage of this approach is the loss of the surprise element  [6]  . On 3 February 2000, UK-based mobile phone group Vodafone AirTouch and the German telecommunications and engineering group Mannesmann AG ended a 3-month takeover negotiations and reached an agreement of a merger. In November 1999, Vodafone had announced its willingness to takeover Mannesmann and later directly addressed its offer to the Mannesmann shareholders. When it became clear that Vodafones attempt at a hostile takeover might succeed, the Mannesmann management agreed to negotiate the terms for a friendly takeover. The agreement defines some terms for the integration of the two companies and their further strategic development. Furthermore, Vodafone confirmed its commitm ent to the Mannesmann employee and that the merger doesnt mean additional job losses, and the rights of the employees, trade unions and works councilors would be fully recognized  [7]  . 1.3.2 Hostile takeovers: Hostile takeovers, on the other hand, are more challenging. They mainly depend on the factor of surprise which reduces the probability of a leak in the price of the targets stock by arbitrageurs. In the context of MAs, arbitrageurs are speculators who attempt to profit from the difference between the bid price and the target firms current share price  [8]  . An increased pulse in the targets share price can add dramatically to the cost of the transaction. For these reasons, the bidder may choose to go for a hostile takeover. All the above can be simplified in the following figure: Bidder adopts friendly approach Bidder adopts aggressive approach Bear Hug (offer to target board) Initial Query If No, If Yes, If Yes, If No, Negotiate Walk Away Negotiate Proxy Fight Tender Offer Litigation Open Purchase As seen in chart above, the two primary methods of conducting a hostile takeover are the tender offer and the proxy fight: A tender offer is a public bid for a large chunk of the targets stock at a fixed price, usually higher than the current market value of the stock. The purchaser uses a premium price to encourage the shareholders to sell their shares. The offer has a time limit, and it may have other provisions that the target company must abide by if shareholders accept the offer  [9]  . In a proxy fight, the buyer simply tries to convince the shareholders to vote out current management and replace it with a team that supports the acquisition. One of the most famous recent hostile take-over fights was Hewlett-Packards takeover of Compaq. The deal was valued at $25 billion. Hewlett-Packard however spent so much more simply to sell itself to shareholders. 51 percent of shareholders voted in favor of the merger and the deal was executed despite trials to legally halt it.  [10]  . MOTIVES BEHIND MA There are several reasons that pave way to mergers acquisitions. The most significant two are: faster growth and synergy. Proponents of a deal will often point to an ability to grow faster and/or anticipated synergy as the justification for a specific purchase price  [11]  . The following are the strongest prevailing motives of MA: 1.4.1 Operating Synergy: Achieving lower average costs and thus higher profits through an increase in the scale of operation is the main motive for merger activity. Economies of scale refer to spreading of fixed costs over increasing production levels. Scale is defined by fixed costs as depreciation of equipment and amortization of capitalized software, obligations such as interest, lease payments and taxes  [12]  . Accordingly, a merger increases the efficiency of the new firm more than the sum of their parts. Economies of scope refer to using a specific set of skills or an asset currently employed in producing a product or service to produce related products or services. Economies of scope include costs of RD, single brand umbrella to sell several products, selling several products through common distribution channels and so on  [13]  . The utilization of such common capabilities and resources justifies the cost reduction resulting from merging two or more product lines in one firm than to produce them separately. Economies of scope was the motive behind the vast international conglomerates built up in the last two decades. The merger of Travelers Group and Citicorp in 1998, for example, relied on selling the financial products of one by using the sales teams of the other. Citigroup was formed on October 8, 1998, following the merger of Citicorp and Travelers Group to create the worlds largest financial services organization. The history of the company is, thus, divided into the workings of several firms that over time amalgamated into Citicorp, a multinational banking corporation operating in more than 100 countries; or Travelers Group, whose businesses covered credit services, consumer finance, brokerage, and insurance. The merger between Citicorp and Travelers Group was announced to the world, creating a $140 billion firm with assets of almost $700 billion  [14]  . 1.4.2 Financial Synergy: Financial synergy refers to the impact of MAs on the cost of capital (i.e. minimum return required by investors and lenders) of acquiring firm or the newly formed firm resulting from the MA. Theoretically, the cost of capital could be reduced if the merged firms have uncorrelated cash flows, realize financial economies of scale, or result in a better matching of investment opportunities with internally generated funds  [15]  . A good example of mergers achieving financial synergies would be the historical birth of ExxonMobil Corporation formed in 1999 by the merger of the two major oil companies, Exxon and Mobil. It is currently one of the largest publicly traded companies in the world, having been ranked either #1 or #2 for the past 5 years. Exxon Mobils reserves were 72 billion oil-equivalent barrels at the end of 2007 with 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels. ExxonMobils total reported operating expenses declined by $400 million after the merger. Financial synergies in the merger included efficiency initiatives, spending more than offset, the impacts of new business activity and affiliate reorganizations. During the first year, the new company closed down outdated refineries, slashed seven percent of the workforce and eventually provided consumers with a better and cheaper product. As a result, upstream unit expenses were down 3 percent. Downstream unit expenses were down 1 percent benefiting from both lower overall costs and increased volumes. Furthermore, financial synergy was not simply on expense reduction. It maximized the contribution from all its resources financial assets, property and equipment, people, raw materials, and contracted services making Exxon Mobil the largest refiner in the world now  [16]  . 1.4.3 Diversification: Diversification is the process by which a firm enters a new market, without necessarily leaving its existing one(s), with a product new to the firm but not necessarily to the world. The strategy requires an organizational change and the development of technologies within the firm  [17]  . The best objective for diversification is for a firm to shift from its core product line or market into other lines and markets that have higher growth prospects. If a firm is facing slower growth in its current markets, it may be able to accelerate growth by selling its current products in new markets that are somewhat unfamiliar. Similarly, a firm may attempt to achieve higher growth rates by developing or acquiring new products. The risk is reduced by merging or acquiring a firm already familiar with these new markets or products. Anticipating that the cigarette industry would decline in the future, Philip Morris decided to diversify its product offerings and looked for acquisitions of u nrelated products to decrease dependence on the future of tobacco. In 1970 it acquired Millers Brewing for $ 227 million. Miller was the eight largest U.S. brewer with a 4.4% market share. Philip Morris increased Miller production, introduced new lines of products (Miller Malt Liquor, Milwaukee Ale, Miller Ale), acquired Meister Brau in 1972, and in 1975 introduced Miller Lite. By 1972, under Philip Morris Miller grew to the 3rd largest brewer, behind Schlitz; in 1980, Miller overtook Schlitz to become the second largest brewer. Today Philip Morris Companies is a holding company with a diversified product offering: Miller Brewing, General Foods (acquired, 1985), Kraft, Oscar Meyer (acquired, 1981), and Philip Morris. In 1989, tobacco products accounted for 40% of sales, food products accounted for 51%, and beer accounted for 8%  [18]  . 1.4.4 Strategic Realignment This theory suggests that firms use MAs as ways of rapidly adjusting to changes in their external environments. During the last 15 years, the regulatory environmental and technological changes are what formed a companys opportunities and threats. As the pace of these changes accelerates, MAs are often viewed as a way of rapidly exploiting new products and markets. This is especially because firms often do not have the luxury of time or resources to innovate. Thus, MAs in this case are often considered as a fast and less expensive way to acquire new technologies and propriety know-how to fill gaps in their current product offering  [19]  . An example of a strategic alignment merger would be that of British Telecom BT and MCI Communication Corporation. In June 1994, BT and MCI Communication Corporation, the second largest carrier of long distance telecommunications services in the US, launched Concert Communications Services, a $1 billion merger. This alliance gave BT and MCI a global network for providing end-to-end connectivity for advanced business services. Concert was the first company to provide a single source, broad portfolio of global communications services for multinational customers. On 3 November 1996, BT and MCI announced they had entered into a merger agreement to create a global telecommunications company called Concert plc, to be incorporated in the UK, with headquarters in both London and Washington DC. As part of the alliance BT acquired a 20 per cent holding in MCI. BT thus took an equity stake in MCI and now both companies jointly market and sell each others products and services in Europe and the United States  [20] 1.4.5 Market Power This theory suggests that firms merge to improve their monopoly power to set product prices at levels not sustainable in a more competitive market. According to one study, mergers in the airline industry in the late 1980s did result in higher ticket prices. The argument is based on the premise that the whole is greater than the sum of its parts. That is, when two companies combine, their market growth should out-strip what the companies could achieve independently. The hugest examples of market power mergers are those of the pharmaceutical business. On January 18, UK pharmaceutical companies Glaxo Wellcome and SmithKline Beecham announced that they would be merging their operations. Glaxo SmithKline will be the largest drug company not only in the UK but also outright in the world as well. The merger was closed so accurately leaving no opposition from the monopolies and mergers commission, the government or other regulatory obstacles. The new company-worth some  £130 billio n-will be quoted on both the London and New York stock exchanges. The stock markets had responded favorably to news of talks between the two companies. Glaxo SmithKline are now the worlds biggest producer of prescription drugs and have a market share of more than 7 percent. Glaxo SmithKline also raised global drug sales of  £17 billion, and the combination of their crucial research and development arms saved them  £250 million. The company now has the largest annual research and development budget in the world at  £2.4 billion  [21]  . 1.5 HISTORICAL MA WAVES (1) The 1st MA Wave: 1890s The 2nd MA Wave: 1910s-1920s The 1st MA wave started in 1890s. Its main feature is the horizontal takeover for consolidating industrial production. This period is called the Great Merger Wave but came to an end by the First World War and by the initiation of anti-trust laws like Sherman Act  [22]  . (2) The 3rd Wave: 1950s-1970s The 1930-40s can be said the dark age due to the Great Depression and the subsequent Second World war. The 3rd wave began 1950s and ended in the 1970s when the first oil crisis brought a turmoil in 1973. In this wave, European enterprises pursued horizontal MAs  [23]  . (3) The 4th Wave: 1980s The main turning point in the 4th wave is the recovery of stock markets from recession. Moreover, the fast technological boost led to mergers of worldwide electronics firms to achieve size competitiveness. Hostile MAs were very common and non-related diversifications were cut short. (4) The 5th MA Wave: 1990s The 5th MA wave started 1993 and came to an end with the collapse of equity market in 2000. In both scale and the number of MAs, the 5th wave was unprecedented. During 1993-2001, there were 114,925 MAs in Europe versus 12,729 in the fourth wave. The transaction value in the 5th wave reached $20 trillion, five times greater than the value of the 4th MA wave  [24]  . This is directly associated with the mechanism of international financial market. The main features of the 5th wave could be listed as: 1. cross-border takeovers accounted for a significant portion of total MA deals; 2. deregulation and privatization opened another strategic pathway for cross-border MAs which resulted in the Asian market emerging as an attractive MA target place; 3. the number of hostile MA bids decreased  [25]  . (5) A New Wave Since the mid-2003, the volume of MAs rose by 71% in 2004 compared to 2002. The value of the MAs by European firms amounted to $758 billion compared to $517 billion in 2002. Cross border takeovers are more actively done constituting 43% of the total value of European firms between 2002 and 2005  [26]  . Among industry groups, telecommunication industry is experiencing numerous MAs. For example, at least 10 MAs were completed in the early of 2005 and 8 of them were cross-border takeovers. The decreasing number of hostile MAs is consistent to the MA movement during the 5th wave  [27]  . Table 1: The historical MAs trends Time Period Driving Force(s) Type of MA Activity 1897 1904 Drive for efficiency Technological changes Migration Horizontal consolidation 1916 1929 Entry into WW1 Largely horizontal consolidation 1965 1969 Rising stock market Sustained economic boom Growth of conglomerates 1981 1989 Underperformance of conglomerates vs stock market Favorable foreign accounting practices Rise of hostile take-overs 1992 2000 Economic recovery Booming stock market Internet revolution Globalization reduction in trade barriers Age of strategic mega-mergers 1.6 DO MERGERS AND ACQUISITIONS PAY OFF? The answer to the above posed question seems to depend on for whom and over what period of time. Around the announcement date if transaction, average returns to target firm share-holders, including both friendly and hostile, are about 30%. In contrast, the shareholders of acquiring firms generally returns that range from slightly negative and modestly positive around the announcement date  [28]  . Two approaches have been used to measure the impact of takeovers on shareholder value. The first approach, premerger returns, involves the examination of abnormal stock returns to the shareholders of bidders and targets at time of announcement. The second approach, post merger returns, measures the impact on shareholder value after the merger has been completed. 1.6.1 Returns to Shareholders: This is done by measuring the performance of MAs through accounting and other performance measures, such as cash flow and operating profit, during the 3-5 year period following completed transactions. Unfortunately, studies have shown conflicting evidence about long-term impact of MA activity. Some studies proved that MA create shareholder value and others have found that as many as 50-80% underperform their industry peers or fail to earn their cost of capital  [29]  . 1.6.2 Returns to Bondholders: Recent evidence suggests that investment grade bonds issued by target firms earn average excess returns of 4.3% around the merger announcement date. Moreover, returns to target bonds are even larger when the targets firm credit rating is lesser than the acquirers  [30]  . 1.6.3 Returns to Industry: Studies showed that MAs reflect future efficiencies by transferring assets from those who are not using them effectively to those who can. Studies also proved that MAs dont necessarily increase industry concentration i.e. share of output or value produced by the largest firms in the industry either in manufacturing or in the overall economy  [31]  .

Assisted Suicide Should Be Legal - 2030 Words

Assisted suicide is the intentional termination of life by another at the explicit request of the fully aware patient who dies. Assisted suicide should be legalized in Canada, and the world at large. The topic of Assisted Suicide has more recently become a controversial topic being debated around the world. According to the new health guide website last updated this month, Assisted Suicide is legal in only 11 countries. A survey taken by dying with dignity.com was answered by 80% of citisens all over Canada, 77% of which were in favor of legalizing Euthinasia. Although this survey proves that Euthanasia is something that a majority of canadians are in favor of legalizing, the decision should not be made based on a survey reflecting anyones opinion besides the patient themselves. The general public, the doctors nor the government should possess the right to decide whether one should live out their life in suffering, or to have a choice in assisted suicide. We should not tell the termi nally ill no, instead we should give them a choice. What amount of suffering is too much to bear will never truly be known. But It is inhumane to force someone to live out their their life enduring agony because you happen to value their continued existence more than they themselves do. When a doctor puts an animal to sleep, it is not considered animal abuse, or murder. It is considered helping the animal, and the family the pet belonged too. It gives the family peace to know their belovedShow MoreRelatedAssisted Suicide Should Be Legal986 Words   |  4 Pagesphysician assisted suicide should be legal I all fifty states because people should be able to determine when they are ready to end their life, but only in certain limited circumstances. Physician assisted suicide, also known as PAS, is suicide committed with the help of a physician. Another name for assisted suicide is euthanasia, which is the painless killing of a patient suffering from an incurable and painful disease or in an irreversible coma. Euthanasia is different from assisted suicide becauseRead MoreAssisted Suicide Should Be Legal Essay1490 Words   |  6 PagesThe process of assisted suicide, or physician-assisted death, is a hotly debated topic that still remains at the forefront of many national discussions today. Assisted suicide can be described as the suicide of patient by a physician-prescribed dose of legal drugs. The reason that this topic is so widely debated is that it infringes on several moral and religious values that many people in the United States have. But, regardless of the way that people feel, a person’s right to live is guaranteedRead MoreAssisted Suicide Should Be Legal909 Words   |  4 Pages The Suicide Debate Does a suffering person have the right to end their own life? That is the main debate behind assisted suicide. Assisted suicide is a very secretive, but surprisingly available option for people who are suffering. The documentary The Suicide Plan is largely presented from the point of view of the people who believe assisted suicide should be legal. The documentary takes us inside the hidden world of assisted suicide, as seen through the eyes of the people considering it. AssistedRead MoreAssisted Suicide Should Be Legal1130 Words   |  5 Pagesdebate behind assisted suicide. Assisted suicide is a very secret, but surprisingly available option for suffering people. The documentary The Suicide Plan focuses on the people who believe assisted suicide should be legal. The documentary takes us inside the hidden world of assisted suicide, as seen through the eyes of the people considering it. Assisted suicide is only legal for terminally ill patients in Oregon and Washington. Individuals i n other states who consider assisted suicide are generallyRead MoreAssisted Suicide Should Be Legal2265 Words   |  10 PagesAssisted Suicide should be made legal, as many people suffer from diseases that aren’t always curable, and it doesn t make sense to let them go through all that pain, and also for some families that have financial struggles paying for their medical bill. This controversial debate is whether or not assisted suicide or mercy killing should be legal and whether or not doctors should be allowed to help patients kill themselves or give guidance on how to. People argue that assisted suicide should beRead MoreAssisted Suicide Should Be Legal2253 Words   |  10 PagesAssisted Suicide should be made legal because many people suffer from diseases that aren’t always curable, it doesn t make sense to let them go through all that pain and some families have financial struggles paying for their medical bill. This controversial debate is whether or not ass isted suicide or mercy killing should be legal, whether or not doctors should be allowed to help patients kill themselves or give guidance on how to. People argue that assisted suicide should be considered legal,Read MoreAssisted Suicide Should Be Legal1761 Words   |  8 Pagesdying a slow and painful death, but assisted suicide could be best option for these patients. Assisted suicide is â€Å"any case in which a doctor gives a patient (usually someone with a terminal illness) the means to carry out their own suicide by using a lethal dose of medication† (Lee and Stingl 1). Some feel that assisted suicide is unnecessary because it is too great of a controversy and will only cause problems in society. However, assisted suicide should be legal in the United States as long as thereRead MoreAssisted Suicide Should Be Legal2030 Words   |  9 Pagesis whether or not assisted suicide should be legalized. In order for people to truly argue and decide whether assisted suicide sho uld be legal they must know the definition. Many people mix up the definition of assisted suicide with euthanasia. There are both arguments for assisted suicide and against it. When arguing for and against assisted suicide the big argument seems to be whether it is morally right or morally wrong. The question of whether assisted suicide should be legal question what isRead MoreAssisted Suicide Should Be Legal2300 Words   |  10 Pages What is assisted suicide? By definition, assisted suicide is suicide committed with the assistance of another person, usually a physician. This definition has changed slightly from the past. Assisted suicide used to be defined more as when a terminally ill patient would be assisted in their death by a doctor or physician. To some, it is a way to end the pain and suffering of a terminally ill loved one. To others, assisted suicide is considered killing people without giving them a chance. PeopleRead MoreAssisted Suicide Should Be Legal Essay1870 Wo rds   |  8 Pagesyour dog having been through a horrible accident. An accident that should of killed the dog but yet it didn’t. The only options for the dog are to let it suffer or put it down. Now, imagine this happening to a loved one or a family member. What if the loved one wanted their suffering to end? Assisted suicide is the intentional termination of life by a doctor at the request of the person who wishes to die. Assisted suicide should be legal because there are times when the terminally ill can be found in

Don Sanders And The Issue Of Tuition Free Public College...

Break. Stand. Fight. Campaign Trail Rhetoric from Bernie Sanders and the †¨Issue of Tuition-Free Public College Money seems to be a big problem here in America according to Vermont Senator, Bernie Sanders. He’s urging Californians to vote for â€Å"a new direction in the Democratic party† (Sanders Ad), and by virtue of that, put an end to the apparent corruption and misappropriation of this prized token of trade. In a rousing and inspirational commercial the Senator wanted us, as citizens of the Golden State, to not only vote for Bernie on June 7, but to get excited and maybe even a little angry about how money is the biggest and most corrupt problem here in America, particularly in regards to the issue of Tuition-Free Public College, where he encouraged us to fight for our right to free higher education and the promise of a greater nation. With better educated citizens strengthening our future economy, and a solid plan to fund tuition-free college for everyone by taxing the abundance of dollars being traded in Wall Street, Mr. Sanders has a confident and trustworthy proposal to get more Americans into a degree, however in the context of this 30-second television commercial he seems to fall short on his reasoning to back these ideas, and relies chiefly on the emotions of his constituents by simply reminding them of his views. If you’re a California Democrat, this ad’s for you. Here Bernie is primarily aiming at middle and lower income citizens, of all major ethnicities, who areShow MoreRelatedThe Literacy Rate Of The United States1361 Words   |  6 PagesEducation in Election 2016 Rates of literacy in the United States depend on how education in public and private schools providing to students and how it is affecting them to build bright futures. 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Environmental Risk and Carbon Emissions †Free Samples to Students

Question: Discuss about the Environmental Risk and Carbon Emissions. Answer: Introduction: Cloud computing is having a remarkable impact on all the industry and is one of the biggest breakthroughs in the information technology systems in the past decade. Financial Industry Regulatory Authority (FINRA) started their plan of moving to the Amazon Cloud (Wamba et al. 2015). FINRA started moving their extremely critical systems in to the Amazon Cloud system. They were able to move their whole processes into the Amazon Cloud and now they are able to monitor and record the daily events in the New York Stock Exchange very easily. The company is able to record about 75 billion individual events on a daily basis, which is a remarkable achievement for the organization. The organization has been able to reduce the cost of storage by implementing the Amazon cloud service and has been able to store trillions of data, which may account to around 20 petabytes of data (Provost and Fawcett 2013). The U.S. Securities and Exchange Commission are the primary regulators of the stock market and the new rules set by the government will require FINRA to collect and analyze more amounts of data. This is the very reason that FINRA will be trying to adopt to Amazon cloud computing system which will help the organization to reduce the cost of storage and increase the storage capacity. The organization initially sort help of many consultants and vendors who provided such services, but most of them tried to convinced the organization that it is impossible to manage a database of such magnitude on a private platform (Kraska 2013.). There are four major impacts of the public cloud service on FINRA and it is based on the principles of the organization. These major factors are self-sufficiency, open source, public vs. private cloud and customization. FINRA was able to develop an in house system, which as able to manage the Amazon Web Services without any vendors and consultants (Cai and Zhu 2 015). This has helped to reduce the overall cost of the organization significantly. The company has developed a public cloud system, which could be challenging, as it is difficult to manage a platform of such magnitude. The company developed an open source database, which will help them to avoid licensing, and it is based on the Hive and HBase. The organization customized the platform according to their needs that reduced cost of shifting the system into a new cloud database (Kuner et al. 2012). FINRA has incorporated most of the available features of the Amazon cloud services. They are using the Elastic Container Services instead of the EC2 virtual machines. The organization uses a private cloud database and uses a direct connection for networking (Chen, Mao and Liu 2014). This shows that the organization has made immense changes to the database, which will suit their own need. FINRA has been able to do away with the proprietary infrastructure and has enabled them to facilitate the processing of the huge number of data. This also helped the organization to store huge chunk of data very conveniently at a minimal cost (Ularu et al. 2012). The improvement in the new system is far more superior to the old system and the improvement in the system is exponential in nature. The organization is able to do their entire task in mere seconds, which will save them a lot of time and work load. The new system has been able to transform the whole organization; the new system is as such it will be able to absorb flash-crashes and other adverse market situations. The system will automatically spin up thousands of nodes to take them offline and the security of the cloud-based system is far more superior to the normal systems (Dubey et al. 2016). Order Audit Trail System (OATS) is an automated system, which is used to store and record data relating to orders. The information about all the equities that had been sold on the NASDAQ is recorded using the OATS system. This is a system, which will simplify the overall process starting from the initial receipt to the execution of the procedure. This device helps in tracking of the all the market instruments so that it can be easily audited afterwards. FINRA has incorporated this system in to their organization, which is helping the organization to recreate events in order lifecycles and monitoring of all the stocks and the equities in the market. Affect of the emerging technologies on existing technologies The traditional information system approach was to buy hardware, servers, license and installation of software. This traditional process was time consuming and costly as it required deployment cycles that are long and infrastructure demands. However, with the emergence of the cloud based system the whole scenario of the information technology system has changed drastically (Cai and Zhu 2015.). The old processes and the systems have become redundant, as other effective ways have been developed which will easily virtualizes the information technology system. The internet applications can also be accessed by the other new technological methods. This has significantly reduced the cost of hardware that were used for developing and maintaining of the servers. However, the numbers of components that are being moved in to the cloud by the majority of the companies are a handful. Initially the companies had to understand the advantages of using cloud computing so that it can be integrated in to the system of the organization by customizing it according to the needs of the organization (Kuner et al. 2012). The implementation of the cloud computing system in to the business model of the organization is tough, as the organization would have to modify their business model to accommodate the inclusion. This has increased the demand of the new specialists who can monitor and apply the changes without any problem. The ways of creating and developing the application have changed and the software developers have to adjust to the new ways of using the cloud server. The applications are move to the public or the private cloud so the companies will have to change their ways of delivering applications. The support staffs that were required in the traditional system have now become unnecessary and so the need for support staffs has decreased significantly (Kraska 2013). The biggest change of it all is that the data has lost its physical control and are being stored in data centres provided by the vendors. The safety of the data has increased and safer in the cloud servers. The cloud providers have security experts who maintain software and hardware to protect the data of the client from any breach. There is no specific standardized software for the cloud and the companies modify the software to customize it according to their needs (Provost and Fawcett 2013). The numbers of software application that are available in the open market are in millions. There is need for integration among the service providers and other applications, which are similar and belong to the rival organization. Integration is the new need where the companies will be streamlining the multi company project to make the work collaborative. These aspects are important for organization show have formed an collaboration and without the use of the integration there will be problems in security of data, lapses in production and there will be failure in the communication system of the organizations. The hybrid Cloud services have become popular, as this is a service that provide most favourable means for meeting the regulatory conformity for the organization. However, installation and managing of this hybrid servers is expensive and only 27% of the organization have the resources for fully accommodating the cloud based servers (Ularu et al. 2012). The cloud computing system has allowed all the individual use their own customized applications and so it difficult to monitor and secure the data. Thus, the companies are using third party cloud solution, which consist of security apps that will monitor and protect the data from any unwanted breach. Cloud computing is one of essential requirements for development of flexible workplace. The employees are using technology advanced devices to access the data remotely and cloud will facilitate in collaboration, competitive gains and trade. The companies will be able to provide the employees with flexibility, which will help in increasing the productivity in the organization (Dubey et al. 2016). This had lead to the emergence of cloud brokerage services, which will facilitate in providing the organizations with ideal cloud service provider for the organization. These cloud brokerage services have gained popularity due to the need for integration in the hybrid models and there has been rapid growth in this market. This has helped the organization in adaptation of the BYOD, big data and services related to mobility, which is acting as a catalyst in the growth of the Cloud Brokerage Services (Provost and Fawcett 2013). This has to lead to the emergence of the SaaS solutions that has bee n perfectly incorporated in the digital system. This will ensure full integration fo the applications and software without any leaks and breaks. DaaS offers the organization with the support to companies to make choices that cost efficient and will provide the organization with a competitive advantage in the market. FINRA has been able to incorporate the OATS system with their private cloud system, which has improved the ability of the OATS system. The tracking of complex data and recording it has become very easy for the organization and the tasks that would take a time of at least five to seven hours can be solved in seconds and minutes. Corporate strategic planning process Business performance does not consider the business in different level but considers the business as a whole, which helps in identifying the performance of the organization. The performance of the individual will also affect the performance of the company. The incorporation of the business performance management along with the corporate strategic planning will provide the organization with the opportunity of meeting the target (Agus and Shukri Hajinoor 2012). The business performance management is continuously making progress in providing positive impact to the key indicators of business. The strategic planning will help to outline the key indicators, which will help in enhancing the business performance. The strategic planning process is the tool, which will facilitate the organization to make improvement in the business performance management. The strategic planning is an tool which will define the key changes in the key indicator of the organization in order to positively impact t he performance of the organization. Corporate strategic planning will help in identifying the goals and the ways of achieving the target (Hammer 2015). Business performance management in an organization will consist of growth strategy, innovation and better execution and these three important factors will have to be incorporated in to the strategic planning of the organization to maintain their sustainability. The corporate strategic planning consist of various tools which can be used for accessing the market conditions and as well as the internal environment of the organization. The macro environment analysis helps to identify the external factors, which will affect the operations and sustainability of the organization (Rasula, Vuksic and Stemberger 2012). This may include PESTLE analysis, which will help in the identification of macro environmental factors. Porters five forces and the value chain analysis can be used for analysing the internal environment of the organization. The external environment cannot be controlled by the organization but if the organization is able to identify the factors that may affect the performance the n they will be able to mitigate the risk factors by being prepared for it. The internal analysis of the organization includes the SWOT analysis, which will help in identification of the strengths, weaknesses, opportunity and threat of organization. The identification of these factors will help the organization in formulating future strategies to achieve the goals and objectives of the organization (Chen, Chiang and Storey 2012). Business intelligence is a tool, which is collect, store, access and analyzes the data to make improvements that will help the organization make better choices. The business intelligence is a tool, which helps the organization to set their corporate strategies, and at the same time will help to change the existing strategies according to the changes in the market. The business intelligence tool will be used by the organization to monitor the progress of the strategic plan and to measure the key performance indicators of the organization. the organization will be able to select sophisticated KPIs by combing different datasets of the corporate organization ((Chen, Chiang and Storey 2012). The business intelligence system will help the organization to use an automated device to monitor the KPIs and make appropriate changes in the strategic planning of the organization. This tool will help in the reduction of the cost and time taken for analysis and execution of the strategic plan of the organization. Business intelligence is a guiding tool for creating a successful management strategy and create the desired performance. Business performance management acts as a junction for business intelligence and corporate strategic planning as both these tool are used by the organization to achieve the common goals that is to increase the productivity and hence maintaining the sustainability of the organization. The use of business intelligence for developing the corporate strategy of the organization has been adapted by most of the organization as it helps in forecasting the future market trends and formulation of effective strategies as a means of counter measure for the future uncertainties (Prajogo and Olhager 2012). BI System formulation and Architecture The goals and objectives of a company have to be clearly set in order to implement the business intelligence framework. The goals of the organization, which is required for the proper execution of the business intelligence framework, are trust on a single set of corporate data, which will to help to make decision based on the facts (Prajogo and Olhager 2012). The tools should be easy to use which can easily analyze and report data to help the business achieve better insight to highlight hidden trends and issues. The tools should be able to identify the trends in a short period of time so that the company can quickly adapt to the changing trends in the market. The BI framework that is being developed for an organization could be practical or conceptual depending upon the needs of the organization. The main advantage of using this tool is that the organization has the option of modifying the tool according to the scale of the organization. The large-scale organization will use the tool in a different way where as the small and the medium scale organization will use it in another way. The majority of the organizations use a combination of the products, services and vendors to PM solutions and BI analytics (Meng 2012). The companies with limited amount of resources will use the BI analytics in a different way. They will be using the framework, which will constitute of reporting, analysis and planning of the data without the usage of the extensive resources. The use of effective framework will help an organization to maintain their sustainability in the organization. The above pictures show two frameworks one is one for the medium scale organization and the other is for the large-scale organization. The first framework is less complicated where the vendors, services and products are not taken in to consideration while in the second framework it is a more complex framework with the usage of extensive resources. The tool is very easy to use and even novice employees can use it to understand the market analysis and the trends (Hoogendoorn, Oosterbeek and Van 2013). The framework wants the users to think like an analyst to make optimum usage of the tool. The result that is obtained is precise and accurate which helps in making accurate decisions. The formulation of the strategy for the business can be done at any point of time so that the strategy can be adjusted according to the upcoming market trends. The organization will have to change their processes form tactical to strategic planning which would include the implementation of the business analy tical system. The organization will have to make sure that they maintain the consistency level in all the analytical processes so that the organization has the common sets of dimensions, business rules and hierarchies (Prajogo and Olhager 2012). The companies can develop the analytics system based on their infrastructure; the system is flexible enough to be incorporated in to any form of system. A single console, which is centralised and based on web, can be used for managing all the administrative activities of deployment, installation and management can be done with a few clicks. The above two-business system will help a manager to analyze the progress of the organization and the results of the corporate strategic planning. The system shows how the decision support system will help the organization in making valuable decisions, this will consist of both micro and macro decisions of the organizations. The manager will be able to obtain about both external and internal sources form the data warehouse for interpreting the data. The manager will be able to do a comparative study of the corporate strategic planning and business management process with the help of the business intelligence system, which will help a manager to identify whether the execution of the corporate planning is done in a proper way. The organization will have to define the business process, decision and the analytical processes and the information infrastructure will have to be defined so that the model can be execute din a proper way. There is no right framework in business intelligence and the frameworks change according to the needs of the consumers. This will depend on the constraints and the objectives of an organization. The use of analytic in the supply chain of the organization is one of the important aspects and overall operation can be handled efficiently with the help of the business intelligence (Hoogendoorn, Oosterbeek and Van Praag 2013). The use of the BI in the operations of the company will help in increasing the productivity and maintaining the quality of the product. However, the complexity of the organization increases with the increase in the width of the scope of the organization. The above framework show show the decision support system has been used to facilitate the needs of the organiza tion. Developing an argument either in favor or against the preference of knowledge based system over traditional IT systems Knowledge based system is one of the members of the AI group which is used for the entire advanced task and other resources. The society has become more oriented to knowledge and is relying on experts to make decision for them. The KBS system will increase the consistency and will allow the users to function at a much higher level. The KBS system is bale to understand and interpret the data to make decision on behalf of the expert. Knowledge Based System emphasizes on the system that utilizes the knowledge based techniques to support the human decision, learning and actions. This system is developed to cooperate with the humans. As put forward by Popovi? et al. (2012), a knowledge based system is considered as the computer program that uses artificial intelligence to resolve the issues within a particular domain that practically requires human expertise. This system tasks for expert system could involve the classification, diagnosis, design and monitoring and planning for the specialized. It is identified that Information technology could conduct the human activities but without the involvement of humans, it is not possible to conduct those activities. Many organizations in the recent time have been observed to be using AI in their operation to speed up the process of operation. On the other side, the use of traditional information technology involves the staffs to operate. In this context, Chen, Chiang and Storey (2012) commented that knowledge-based system seems to be more general compared to expert system. Knowledge Based System is highly demanded in many organizations due to unique features like problem solving. The problem-solving efficiency does not lie with the smart reasoning method nor it is depended on developed algorithms but it is highly depended on domain-dependent real-world knowledge. It has been found out that real world issues do not have any well developed solutions; hence, the knowledge based system permits this knowledge to be represented. The KBS provides an enhanced solution. In this context Azma and Mostafapour (2012) commented that knowledge based system derives the experience and knowledge of human expertise and record them in knowledge-base to resolve the problems that usually require human expertise. The KBS can be used as the diagnostic tools where the interpretation provides a deep understanding of situation or circumstance with available and relevant information; whereas traditional IT identified the issues based on the algorithm developed in the system; thereby, thereby reach of Information Technology is limited compared to Knowledge Based System. According to Hou (2012), KBS has a design tool that helps to make the configuration that meets the constraints of the issues identified. Likewise, the system is embedded with a monitoring tool that helps to check he performance as well as the inconsistency. Another significant tool is known as the control, which helps to collect and evaluate the evidences and other related opinions. The most significant diagnostic tool of KBS is known as debugging, which helps to identify as well as prescribe solutions for the malfunction. On the other side, the traditional information technology could inform the users about the malfunctions but it cannot develop the solutions. As discussed earlier, with the help of AI, Knowledge Based System could provide the identification about particular issues, which is known as the set of symptoms but hence, IT system could stop the operation being affected by the problems. According to Duan and Da Xu (2012), the component of a human or an expert system which consists of systems knowledge developed in the collection of facts regarding the system domains is known as Knowledge Based System. Due to all these advanced features, the KBS is highly demanded in each sector by the medium and large size organizations. Discussing the broad implication for KBS rising from the introduction of cloud computing techniques that provide intelligent computing power over the internet Certainly, the cloud computing is known as one of the advanced and latest innovation in modern technology. The cloud computing is referred to the use of computing resource from the server using the broad network. This system enables the user to access the required resource using any computer system associated with the internet as the web server. However, the biggest contribution of cloud computing technology is Knowledge Based System. As put forward by Sauter (2014), as the long-term investment in learning always lead to the consequence in immediate the enhancement, business across the world have waited long and it was hard to find a way of gaining knowledge. However, with the revolution and development of IT solutions, it is probably that cloud computing is foolproof system for conducting the same. As there has been a growing popularity of cloud-based knowledge management system, technology through the evolution, has been able to help people in experiencing some significant benefits from the potential risks. In addition to this, as the cloud-computing has the scope for storing the relevant information; it has become more easier to develop KBS. To develop and use KBS, the users do not need additional hardware or software, on single operating system can work for the KBS Foshay and Kuziemsky (2014). Deriving the human expertise and utilizing the resources kept in the cloud, the Knowledge Based system works as a whole and facilitates the overall operation. As put forward by Chang (2016) the cloud technologies are utilized to aid knowledge sharing because of the recent advancement in the field of internet as well as its growing popularity. The major advantage of cloud computing technology is that it can be implemented throughout the organization. Hence, the organizations should re-evaluate as well as modernize their knowledge management strategies to keep up with the knowledge enhancement (Azma and Mostafapour 2012). Furthermore, it is also observed that because of the large range of knowledg e as well as the content in the enterprise, the monitoring as well as the supervision is complicated along with high licensing cost. Hence, the solution is to take up an extensible knowledge management system to meet the organizational needs. When the successful transition to a cloud based knowledge system is developed, the organization could experience a set of benefit such as reduced licensing charges using a single content management system (Chen, Chiang and Storey 2012). The organization could enjoy the benefits of reduced ownership charges because of the transition to cloud. The organization could observe a developed efficiency as well as cooperation across the organizations through a unified system. Thus, it can be mentioned that technological operation has now days become easier due to advancement of AI in the form of Knowledge Based System. As put forward by Popovic et al. (2012) being able to use knowledge as the competitive advantages needs a sophisticated system of knowledge management. Hence, the major objectives o knowledge management is to increase the highest exploitation of intellectual capital in organization. This has been possible by the use of technology that that can work as human and probably faster than humans but using human expertise only. Data mining Data mining is the process in which the large number of data is analyzed to identify the hidden relationship between various data and at the same time can be sued for the prediction of the future.It can be used for finding the anomalies, correlation and patterns among the data. This is used to increase the revenue and reduce the cost associated with the organization and make improvements in the relationship with the customers and reduce the risk. Initially data mining was used in scientific disciplines, artificial intelligence, statistics, and machine learning. However, the application of data mining is huge and in the past decade the multinational companies has been using data mining and big data to make improvements in the business model of the organization (Popovi? et al. 2012). The emergence of data mining has made the old processes redundant by taking out those tedious and time-consuming processes. The automated analysis of the data has been used in all types of industry to unco ver relevant insight form complex data. Data mining has been used in retail, banking, financial sector and many other industries, which shows that the data mining has the capability of resolving all the issues that are being linked with the organizations. Globalization has made improvements in the technological advancement and this has caused the emergence of large amount of data. The large amount of data is unstructured and complex: data mining is the process, which can be used to obtain meaningful data from this huge chunk of data (Chen,Chiang and Storey 2012). The data mining can be used to reduce the amount of noise in the data by eliminating the repetitive data from it. Data mining will be able to identify meaningful data, which can be used for drawing inference. This also helps in making important decision at a brisk pace and this has made data mining as an integral part of the business world. The sue of analytics to understand the patterns and relationship with in the variable is very common. The proper usage of the data mining and big data can provide an organization with competitive advantage. Modern scenario shows that the companies have incorporated the use of data mining so that they make improvements in the performance of the company. The analysis of the huge chunk of data was very difficult and time consuming for the companies and the emergence of data mining has been a boon for the corporate industry (Azma and Mostafapour 2012). Data mining is the solution to all the problems in the market trends where the companies can make us e of the data mining to make changes to their corporate planning strategy and prepare for adverse situations. There are various types of modelling method, which are used for the analysis of the data. The needs of the consumers and fluctuations in the market can be easily analyzed with the help of analytics. Market basket analysis is one such technique where the retail companies use the data to identify the complementary products, most popular products and the pattern the products should be arranged so that they sale of the outlet increases. This show that data mining was initially sued for theoretical analysis but it can be better applied to solve the problems of the business world. The tradition form of analysis were time consuming and difficult to calculate whereas data mining produces very fast results and helps in reducing the time making decisions (Foshay and Kuziemsky 2014). Implication of intelligent data analytics The emergence of big data has lead to usage the data of the behaviour of the consumer to identify their needs, upcoming patterns and the popular products in the products. The consumers are unaware about the usage of their personal data by the companies. This may be considered as the breach of privacy and the consumers if they find out about it can file a lawsuit against the company. Even if the consumer has agreed to share their data then the consumers are unaware of the fact that how the data will be sued by the organization. The organization may sell the data to a third party who may misuse it for its own benefit. This is a common phenomenon for the companies to use of the customer data and store it in their data warehouse to analyze it to find the patterns hidden in it (Hou 2012). The availability of large amount of data is common in this present business world but it the duty of the companies to protect the data of the consumers in a proper way so that it cannot be misused for ot her purposes. A lot of companies have their data warehouse where the large amount of data of the consumers is kept for further analysis in the future. However, most of the companies are very casual about the privacy and protection of the data and the recent incident in the past few years show that there has been privacy breach in large number of companies. They have been unable to do anything about and consumers are more frightened about sharing their information at an organizational level. There are instances where data has been stolen and has been used for identity theft and accumulation of the large amount of data at a single place has presented the hackers with the opportunity to steal this huge data for their own benefit (Duan and Da Xu, L. 2012). The companies should be more focused on protecting the data of their consumers otherwise it will be difficult for the companies to retain their consumers. The instances show that the data breaches in all the incident is the fault of the organization and they had to pay heavy fine to the consumers for such a shameful incident. This shows that the organization are least bothered about the data privacy of the consumers and using it for their own benefits. The big data consist of various analyses and is very sensitive in nature so it has to be protected at all cost (Foshay and Kuziemsky 2014.). The data can be used for many misdeeds, which will be a problem for the company and the consumer at the same time. The consumers have lost their trust on the companies and are very much reluctant in sharing the data with the consumers. Thus, it can be concluded that it is wrong on the part of the companies to exploit the data of the consumers and the companies should make sure that they maintain t he privacy of the consumers. Reference Agus, A. and Shukri Hajinoor, M., 2012. Lean production supply chain management as driver towards enhancing product quality and business performance: Case study of manufacturing companies in Malaysia.International Journal of Quality Reliability Management,29(1), pp.92-121. 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