Business Objectives Of A Robust Health Bar Essay - 2440 Words

Contents Executive Summary 3 Introduction 4 Management Structure 4 Business Objectives 5 Micro and Macro Environment 5 PRODUCT PLAN 6 The marketing plan. 7 OPERATIONAL PLAN 8 Financial Plan. 12 Executive Summary Robust Health Bar was established in 2016 with the key purpose of fitness. It has a main aim of making fresh fruit juices and various health shakes available to all students, whether you visit the gym regularly or not. Robust Health Bars are set up in gym facilities over the four UJ Campuses for those who enjoy working out and also in the Student Centers for the students who are always on the go but still value their health states. Robust Health Bar plans to ensure an excellence in the quality of its products by using a highly qualified and dedicated management and human resources team and by using fresh fruit that are locally sourced. This will ensure that the logistics costs are reduced and that time is saved. Robust Health Bar aims to attain a turnover of R20 000 in the first year of operations. A detailed growth plan is further discussed in the plan. The business will also use funds of R95 000 which will go toward purchasing the required equipment that will ensure the on-going operations of the business and also the marketing and promotional aspects that will allow information about the product to reach the relevant targeted market. Robust Health Bar places the need of the consumers first and unlike the competition, the business allows the consumer toShow MoreRelatedEssay On Hitech Act And The Concept Of Meaningful Use975 Words   |  4 Pagesâ€Å"HITECH Act and the Concept of Meaningful Use† The Health Information Technology for Economic and Clinical Health (HITECH) Act was created in 2009 and serves as a way to incentivize healthcare providers to implement an Electronic Health Record (EHR). Many healthcare facilities use to keep track of all medical records via paper sometimes split up my department, which made working with other facilities, or even with other departments within the same facility much more difficult and time consumingRead MoreBoost Juice3010 Words   |  13 PagesStrategies 8. SWOT Analysis 9. Marketing Objectives 10. Strategies 11. Marketing Mix 12. Product Differentiation and the Product Life Cycle 13. Measures of Success 14. Recommendations 15. Conclusion Background Boost Juice Bars (Boost, 2014) is an Australian food and beverage brand, which was formed in 2000 with the first store located in the capital city in the South part of Australia- Adelaide. This food and beverage business has been done well since the business has been expanded globally in  Asia,Read MoreMarketing Assisgnment2580 Words   |  11 PagesBois Bande tea is a healthier, less concentrated spin off of Bois bande wine, manufactured in a tea form. 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The growing emphasis on corporate responsibility is affecting the relationship betweenRead MoreCold Stone Marketing2919 Words   |  12 Pages2012). Conversely, their pricing is ranked low when compared to their competitors. Their marketing plan is not very robust considering today’s technology venues. The plan consists of electronic and hard copy coupons, free in store samples, television advertising, partnerships with other business owners, and birthday clubs. The impending health care reform coupled with more health conscious consumers has the potential to threaten Cold Stone’s future profits. Within the mandate, is a requirementRead MoreRainyday Insurance Adjusters Company7260 Words   |  30 PagesForschungsberich t SM-2009-4 November 2009 Kontakt: P.Filzmoser@tuwien.ac.at Benefits from Using Continuous Rating Scales in Online Survey Research Horst Treiblmaier* Institute for Management Information Systems Vienna University of Economics and Business Augasse 2-6, 1090 Vienna, Austria1 Peter Filzmoser Department of Statistics and Probability Theory Vienna University of Technology Wiedner Hauptstraße 8-10, A-1040 Vienna, Austria Abstract The usage of Likert-type scales has become widespreadRead MoreReport on the Uk Chocolate Industry3614 Words   |  15 Pages16 and under decreased from 21% to 19%.’’ (www.statistics.gov.uk) 2009 It is said that the younger majority of the population are the consumers of chocolate. A survey carried out by the National Opinion Poll shows that the consumption of chocolate bars by young people, aged 7-16 years has fallen from 44% to 37% from 1999 to 2003. (www.mintel.co.uk) 2009 The information we will be analysing in each of the factors are as follows: Social Factors Technological Factors ï‚ § Attitude and behaviour ï‚ § MediaRead MoreReport on the Uk Chocolate Industry3627 Words   |  15 Pages16 and under decreased from 21% to 19%.’’ (www.statistics.gov.uk) 2009 It is said that the younger majority of the population are the consumers of chocolate. A survey carried out by the National Opinion Poll shows that the consumption of chocolate bars by young people, aged 7-16 years has fallen from 44% to 37% from 1999 to 2003. (www.mintel.co.uk) 2009 The information we will be analysing in each of the factors are as follows: Social Factors Technological Factors ï‚ § Attitude and behaviour ï‚ §Read MoreCadbury Schweppes Versus Coke3128 Words   |  13 Pagesto create brands people love. Vision Statement: Cadbury Schweppes is committed to growing responsibly. We believe responsible business comes from listening and learning, and having in place a clear CSR vision and strategy. It also comes from having the processes and systems to follow through and an embedded commitment to living our values. Values: ï‚ § Clear Objectives ï‚ § Responsibility ï‚ § Openness and Integrity ï‚ § Quality ï‚ § Committed People ï‚ § Competitive Ability ï‚ § Simple Organisation ï‚ § TakingRead MoreMarketing Strategy Analysis of Coca Cola3259 Words   |  14 Pagessituation highlighted in the attached report form the Guardian newspaper and your own research. Your report should cover the following areas; A marketing audit of their business One new marketing objective for Coco-Cola. You should indicate the actions the company would have to undertake for the next twelve months to achieve this objective ï ¿ ½ INTRODUCTION This report serves as a comprehensive marketing audit of Coca-Cola. This audit examines the internal and external operating environment, the varied

Slavery as a Positive Good - 998 Words

Slavery as a Positive Good Question When referring to the days of slavery, it is often assumed that the south was the sole force behind its continuance. However there were many factors which lead southerners as well as some in the north to quietly accept slavery as a good thing. John Calhoun declared in 1837 â€Å"Many in the South once believed that [slavery] was a moral and political evil†¦That folly and delusion are gone; we see it now in its true light, and regard it as the most safe and stable basis for free institutions in the world† (p. 345). This statement was justified by various reasons. There was the fundamental belief that Africans were inferior to their white counterparts. Many saw the slave population as a labor force that†¦show more content†¦Take for example a woman whose role is to care for her master’s children. She maybe well loved by her charges but as they grow they will come to see her as less than a human being. That won’t necessarily keep them from caring about her, they will simply do so in the way they would love a cat or dog. Pro-slavery advocates were also quick to point out that the great empires of history were based on slave labor. The Greeks, Romans, Egyptians, Persians and so forth were mighty civilizations that enslaved captives of war as well as criminals. It is possible to assume that since these societies were able to focus of innovation and thinking because of their slave work force that the south too would flourish intellectually. Whether or not this is true is debatable. Yes there were several southern inventors and writers of the time but to compare it to the advances of the past would be difficult. In conclusion, the â€Å"positive good† argument was nothing short of a means for whites of all classes on both sides of the Mason-Dixie line to ease their own guilt over the institution of slavery. It is human nature to put a positive spin on something we benefit from. Wars have been waged under the precipice of unitin g territories, bringing order, divine right, and alike while the true motivations have been wealth, power and glory. The south was no different from the empires of the past in thatShow MoreRelatedEssay on Slavery: a Positive Good or a Positive Evil?1448 Words   |  6 PagesSlavery: Evil of Positive Good? In the years between 1830 and 1860 slavery became a common subject of the moral debate in the United States. The Second Great Awakening of the late 1700s exploded with a need to reform in American civilization. Christians were trying to rid society of the new American ideals based on a market economy. The revival of religion inspired people to analyze the greedy new ways and thoughts Americans were adopting. People began to criticize wrong-doings in the publicRead MoreThe Slavery Of Slavery And Slavery944 Words   |  4 Pagescondemn slavery. The South also used religion as their argument, but instead, they used the Bible to argue that slavery was an acceptable part of life. People have questioned whether it was right or wrong of the South to use the bible to support their beliefs in slavery. Some would say that pro-slavery southerners had every right to use the Bible to support their beliefs. When Northerners began to use the Bible against slavery, southerners used this same argument to support it. Slavery was a practiceRead MoreHow Douglass Dispelled the Illusions of Slavery1019 Words   |  5 Pagesprovide a look into the world of a slave. His audience varied, from abolitionists, to whites that were on the fence about the issue, but his purpose remained: to allow non-slaves to learn about the horrors of slavery. In this autobiography, Douglass dispelled readers’ â€Å"illusions about slavery† by merely telling his true story, an everyman tale for slaves. Douglass worked on plantations in the Maryland area, and those plantations were considered to be easier than those of Georgia or Alabama, as unrulyRead MoreFrederick Douglass And Frederick Douglass Analysis1137 Words   |  5 Pagessome similarities and differences in the argument about slavery and its destiny with America. They both talk about slavery but in different ways. Douglass argues against slave ry addressing that the signers of the Declaration of Independance put the interests of a country above their own and urges his listeners to continue the work of these great men who brought freedom to this land. While Calhoun argues for slavery responding to anti slavery petitions sent to the Senate by abolitionist groups, andRead MoreThe Positive Side Of Globalization1155 Words   |  5 PagesThe Positive Side of Globalization Globalization is what unites this world. As time passes, it has become easier to communicate with people worldwide. With dedication, education and will, you can have a full conversation in a foreign language anytime. If looked at in depth, globalization contributed to the spread of your native language because it was transferred by many people. As you can see, globalization is something that can help us communicate across long distances and much more. There areRead MoreThe Civil War Of The United States1270 Words   |  6 Pagesbecome divided down the middle over slavery, a mainstay that helped the economic growth of this country? As the northern states population grew and expanded westward their anti-slavery beliefs began to spread faster than the pro-slavery beliefs of the southern plantation owners. This influx of an anti-slavery population began to use the senate as a platform to question the use of slavery, causing the southern elitists to strengthen their defenses in suppor t of slavery. Many southerners feared theirRead MoreOlaudah Equiano, Frederick Douglass And Harriet Jacobs Essay1622 Words   |  7 Pagesthe institution of slavery. Even after the importing slaves internationally was banned in 1807 by Congress, the internal slave trade expanded exponentially. The growth and durability of slavery persisted until the end of the Civil War, a time period greater than the entire existence of the United States. The institution of slavery was not only able to endure through two hundred fifty of turbulent change in America, but it was able to advance. This is due to the mindsets of slavery as a â€Å"necessary evil†Read MoreNarrative Of The Life Of Frederick Douglass Essay1653 Words   |  7 Pages daughters of South Carolina slaveholders, think such human suffering that slaves endure is a sin, and not a necessary price for civilization. Without doubt, one of the intentions of Douglass’s narrative is to recount an individual account about slavery, and the way one man rises above the institution and makes a life for himself. However, Douglass’s little book evocates such pain, and you think it is truthful, and this is what slave narratives do. Douglass’s narrative is used to move people intoRead MoreAbolishing Slavery : A Tragic Historical Moment1020 Words   |  5 PagesAbolishing slavery was a tragic historical moment. Various texts state the issue that surrounds abolition of slavery. Three authors ventilate their position on what is slavery to them. These authors educated others by demonstrating their perspective. These authors are known for their prodigious text. Now the real question here is? Is slavery a necessity? The Emancipation Proclamation was known as the savior for slaves. When Lincoln announces this bill he balanced military problems. The proclamationRead MoreThe Slavery Of The United States1449 Words   |  6 Pages â€Å"Slavery is founded on the selfishness of man’s nature; opposition to it on his love for justice.† This saying by Abraham Lincoln tells us that people are really different when it comes to their beliefs and attitudes. Some are so focused on wealth, which is why they have slaves to work for free, and treated them as properties instead of real human beings. On the other hand, some people were against slavery because it violated the basic human rights like the right to life, liberty, and security.

Troubleshooting Layer-Free-Samples for Students-Myassignmenthelp

Question: Discuss about the Various Troubleshooting Layer. Answer: Independent of method used to access the network. When there is no data transfer, this layer is always likely the problem and can be troubleshot using network monitoring tools and techniques such as pinging to see if there is communication with another target. Further, network monitoring tools will show if there is data and communication within the network. Just by viewing connection details on the networking console of a computer, one will see if data is being transported or not and then initiate remedial measures. The Ping tool is excellent for troubleshooting problems within this layer because the common problems are due to routing and addressing. Pinging the loop-back address will provide information if the IP is properly configured and is working (Mudracola, 2016). Investigating blunders at this level incorporate utilizing link testing devices to guarantee cabling is working appropriately. Connection lights on arrange gadgets are additionally an extraordinary approach to investi gate issues at Layer 1. On the off chance that the connection light is green, at that point Layer 1 is working. In the event that the connection light is another shading or not illuminating by any stretch of the imagination, at that point there is an issue at this layer. Simple approaches to test this are swapping out links with a working link, swapping SFPs, or modules, and utilizing link testing Troubleshooting the Internet Layer This layer plays the role of addressing, routing, and packaging. When there is a problem in this layer, it is likely the cause is due to one of its three listed functions ( addressing, routing, and packaging). It can be troubleshot to solve problems by first checking the IP addressing table and the MAC addressing tables. By viewing the logs from the ICMP (Internet control message protocol), one can see any error messages of undelivered packets and resolve this through addressing and routing. Using a tool like WireShark or other network monitoring tools can help in troubleshooting the layers problems. The route tool and the Tracert are some of the tools that can be used for trouble shooting this layer (Davies, 2006) Troubleshooting the Transport Layer This layer is responsible for giving the application layer datagram and communication services. Problems with this layer can be solved using packet and session tracer tools to monitor activity. Most problems in this layer are mainly because of blocked ports and one area to look at is the firewall and the firewall access lists that are blocking TCP/ UPD ports. The next area to check is QoS which when enabled, can block traffic or lead to slowing of traffic and result in large frames being fragmented as well (Alpern Shimonski, 2010). Troubleshooting the Application Layer This layer gives applications the capability to access services of other layers and problems that are likely to be experienced in this layer include addressing (MAC addressing), collisions, duplex errors, spanning tree issues, and CRC frame errors. Troubleshooting requires viewing logs for broadcast storms, the runts and giants, and collision information that can be evaluated using network monitoring tools (Tetz, n.d). References Alpern, N. J., Shimonski, R. (2010). Eleventh hour network+: Exam N10-004 study guide. Rockland, Mass: Syngress. Davies, J. (2006). Chapter 16 Troubleshooting TCP/IP . Technet-Microsoft. Retrieved 27 November 2017, from https://technet.microsoft.com/en-us/library/bb727023.aspx Mudrakola, S. (2016). Network Problems? Troubleshoot with the OSI Model. Techgenix.com. Retrieved 27 November 2017, from https://techgenix.com/network-troubleshooting-osi/ Tetz, E. (n.d). CISCO Networking: Application Layer Troubleshooting. Retrieved 27 November 2017, from https://www.dummies.com/programming/networking/cisco/cisco-networking- application-layer-troubleshooting/

4 Awful Situations You Might Find Yourself in if You Could Not Hire Online

4 Awful Situations You Might Find Yourself in if You Could Not Hire Online 4 Awful Situations You Might Find Yourself in if You Could Not Hire Online Hiring a writer online is something you reserve for times when your workload is overwhelming or the task is very challenging and you need the extra help. But imagine a world without the option to hire a custom essay writer online. 1. You Don’t Have Time to Do Other More Important Tasks With all you have on your plate there will be times when the work is simply too much. What if you have something important, like the wedding of a close family member, that you are forced to miss because you need to write a paper? What a disappointment that would be to you and your family. 2. You Have so Much Work You Have No Time for a Job How will you pay for expenses and necessities when you are constantly strapped for time due to the demands of school? The reason you are attending college is to have a career and find a job which improves your finances, but how will that workout if you can not afford to eat now because you can not work? 3. You Never Go out You are young, so are your friends. They find time to go out and enjoy life, but you are always stuck at home because of the demands of school. Life should not be all work and no play, which is no life at all. Hiring a custom essay writer online will free up some time for you to relax a little and enjoy life. 4. You Have Sleepless Nights and Suffer from the Insomniac Hangover You know what we are talking about. That feeling you have when you have been up all night, hunched over your desk typing or writing. Then you look up at the clock and suddenly the sun is out again and it is time to attend your first class. That groggy, sleepy, worn out feeling you have as you force yourself through the day, fighting to stay awake and do whatever it is you need to do. Life does not need to be this way. Give yourself permission to skip nights like this and hire a custom essay writer so you can sleep easy. A world without the option to hire online is a scary thought. While it is true that you should not hire a writer online for every task and assignment, the fact that they are available when you need them is a relief. They are there when you are rushed for time and can not edit nor proofread a long, lengthy paper. You know how to perform these tasks, so you are not missing out on experience when you hire online. It’s just that you simply don’t have the time unless you sacrifice other important events in your life. Give yourself some freedom and take care of your social and academic life at the same time and get a little help with that paper. You will be glad you did.

Job evaluation Essays

Job evaluation Essays Job evaluation Essay Job evaluation Essay Job evaluation is a practical technique, designed to enable trained and experienced staff to judge the size of one job relative to others. It does not directly determine pay levels, but will establish the basis for an internal ranking of jobs. An approach designed to enable a job to be compared to all other jobs in an Institution in a systematic and transparent way in order to create a fair rank order of jobs, usually as the basis for a grading and pay structure, to ensure equal pay for work of equal value Some Principles of Job Evaluation Clearly defined and identifiable jobs must exist. These jobs will be accurately described in an agreed job description. ?All jobs in an organisation will be evaluated using an agreed job evaluation scheme. ?Job evaluators will need to gain a thorough understanding of the job ? Job evaluation is concerned with jobs, not people. It is not the person that is being evaluated. ?The job is assessed as if it were being carried out in a fully competent and acceptable manner. ?Job evaluation is based on judgement and is not scientific.However if applied correctly it can enable objective judgements to be made. ?It is possible to make a judgement about a jobs contribution relative to other jobs in an organisation. ?The real test of the evaluation results is their acceptability to all participants. ?Job evaluation can aid organisational problem solving as it highlights duplication of tasks and gaps between jobs and functions. Job Evaluation The Future As organisations constantly evolve and new organisations emerge there will be challenges to existing principles of job evaluation.Whether existing job evaluation techniques and accompanying schemes remain relevant in a faster moving and constantly changing world, where new jobs and roles are invented on a regular basis, remains to be seen. The formal points systems, used by so many organisations is often already seen to be inflexible. Sticking rigidly to an existing scheme may impose barri ers to change. Constantly updating and writing new jobs together with the time that has to be spent administering the job evaluation schemes may become too cumbersome and time consuming for the benefits that are derived.Does this mean that we will see existing schemes abandoned or left to fall into disrepute ? Will providers of job evaluation schemes examine and, where necessary, modify them to ensure they are up to date and relevant ? Simply sticking rigidly to what is already in place may not be enough to ensure their survival. Job Evaluation More Job evaluation is essentially one part of a tripartite subject, which is collectively referred to as Job Study (other names exist).The three parts are Job Analysis; Job Evaluation the information collected is evaluated using a numerical scale or ranking and rating methodology; and Merit Rating BSI definition (32542). BSI definition 32529 – â€Å"Any method ranking the relative worth of jobs which can then be used as a basis f or a remuneration system† It is essentially a comparative process. Job evaluation evaluates selected job factors, which are regarded as important for the effective performance of the job, according to one of several alternative methods. The resulting numerical gradings can form the basis of an equitable structure of job gradings.The job grades may or may not be used for status or payment purposes. Explanation: Job Evaluation is concerned with measuring the demands the job places on its holder. Most factors that contribute to this job pressure, e. g. physical strength required, knowledge of mathematics required, are assessed and the result is a numerical estimate of the total job pressure. When evaluations are carried out on all hourly paid personnel the technique’s uses include establishing relative wage rates for different tasks. It is possible to use it for all grades of personnel, even senior management. Illustration:The Time Span of Discretion is an interesting and unusual method of job evaluation developed by Elliot Jaques for the Glacier Metal Company. In this method the job pressure is assessed according to the length of time over which managers decisions commit the company. A machine operative, for example, is at any moment committing the company only for the period needed to make one product unit or component. The manager who buys the machine is committing the company for ten years. Job evaluation is the process of determining the appropriate Career Group and Role to which a position is assigned.The job evaluation process has four steps: Selecting the Occupational Family: The first step is to determine the appropriate Occupational Family by reviewing the vocational characteristics (the nature and type of work performed) outlined in the Employee Work Profile. Comparing and Selecting the Career Group: The second step is to compare the Concept of Work capsule that describes the array of work performed in the various Career Group Descriptions to the Employee Work Profile in order to determine the appropriate Career Group.Comparing and Selecting a Role within a Career Group: The third step is to evaluate and compare the Work Description (position objective; purpose of position; knowledge, skills, abilities and competencies; education, experience, certification and licensure; core responsibilities and special assignments) outlined in the Employee Work Profile to the various Role Descriptions and the factor matrices to determine the appropriate Role.Comparing to other positions within a Role to ensure consistency: The final step is to confirm the assignment of the position to the Role by checking to make sure that it is consistent with other positions assigned to the same Role Job Evaluation: Methods: The two most common methods of job evaluation that have been used are first, whole job ranking, where jobs are taken as a whole and ranked against each other. The second method is one of awarding points for various aspects of the job.In the points system various aspects or parts of the job such as education and experience required to perform the job are assessed and a points value awarded the higher the educational requirements of the job the higher the points scored. The most well known points scheme was introduced by Hay management consultants in 1951. This scheme evaluates job responsibilities in the light of three major factors know how, problem solving and accountability Ranking Ranking This method is one of the simplest to administer. Jobs are compared to each other based on the overall worth of the job to the organization.The worth of a job is usually based on judgements of skill, effort (physical and mental), responsibility (supervisory and fiscal), and working conditions. Advantages Simple. Very effective when there are relatively few jobs to be evaluated (less than 30). Disadvantages Difficult to administer as the number of jobs increases. Rank judgements are subjective. Since there is no st andard used for comparison, new jobs would have to be compared with the existing jobs to determine its appropriate rank. In essence, the ranking process would have to be repeated each time a new job is added to the organization. s of compensable factors are: Skill Responsibilities Effort Working Conditions Next, benchmark jobs are identified. Benchmark jobs should be selected as having certain characteristics. equitable pay (not overpaid or underpaid) range of the factors (for each factor, some jobs would be at the low end of the factor while others would be at the high end of the factor).The jobs are then priced and the total pay for each job is divided into pay for each factor. See example matrix below: Job Evaluation: Factor Comparison The hourly rate is divided into pay for each of the following factors: Job Hourly Rate . Pay for Skill Pay for Effort Pay for Responsibility Pay for Working Conditions This process establishes the rate of pay for each factor for each benchmark job. Slight adjustments may need o be made to the matrix to ensure equitable dollar weighting of the factors.The other jobs in the organization are then compared with the benchmark jobs and rates of pay for each factor are summed to determine the rates of pay for each of the other jobs. Advantages The value of the job is expressed in monetary terms. Can be applied to a wide range of jobs. Can be applied to newly created jobs. Disadvantages The pay for each factor is based on judgements that are subjective. The standard used for determining the pay for each factor may have build in biases that would affect certain groups of employees (females or minorities). Job Evaluation: Methods: Point MethodPoint Method A set of compensable factors are identified as determining the worth of jobs. Typically the compensable factors include the major categories of: Skill Responsibilities Effort Working Conditions These factors can then be further defined. Skill Experience Education Ability Responsibilit ies Fiscal Supervisory Effort Mental Physical Working Conditions Location Hazards Extremes in Environment The point method is an extension of the factor comparison method. Each factor is then divided into levels or degrees which are then assigned points. Each job is rated using the job evaluation instrument.The points for each factor are summed to form a total point score for the job. Jobs are then grouped by total point score and assigned to wage/salary grades so that similarly rated jobs would be placed in the same wage/salary grade. Advantages The value of the job is expressed in monetary terms. Can be applied to a wide range of jobs. Can be applied to newly created jobs. Disadvantages The pay for each factor is based on judgments that are subjective. The standard used for determining the pay for each factor may have built-in biases that would affect certain groups of employees (females or minorities).Performance appraisal, also known as employee appraisal, is a method by which t he performance of an employee is evaluated (generally in terms of quality, quantity, cost and time). The roots of performance appraisal can be found in Frederick Winslow Taylors time and motion study[citation needed]. Performance appraisal is a part of career development. Performance appraisals are a regular review of employee performance within organizations. Generally, the aims of a scheme are: Give feedback on performance to employees. Identify employee training needs. Document criteria used to allocate organizational rewards.Form a basis for personnel decisions-salary (merit) increases,promotions, disciplinary actions, etc. Provide the opportunity for organizational diagnosis and development. Facilitate communication between employee and administrator. Validate selection techniques and human resource policies to meet federal Equal Employment Opportunity requirements. A common approach to assessing performance is to use a numerical or scalar rating system whereby managers are ask ed to score an individual against a number of objectives/attributes. Employees are also allowed the opportunity to assess the person (manager) at the same time.This is known as 360 ° appraisal. The most popular methods that are being used as performance appraisal process are: Management by objectives (MBO) 360 degree appraisal Thus performance appraisal is important for effective human resource management. Performance appraisal is a process of evaluating employee performance in order to guide and develop the employees potential. In many extension organizations which are government departments, the performance appraisal is nothing more than a confidential judgement of work done and a character report used to facilitate disciplinary action or promotion.The employees do not get feedback about their performance. Extension organizations need to have an open appraisal system to provide feedback and opportunities for open discussion with employees on their performance, because they have immense potential to grow and develop. This system can create a healthy working climate and employee motivation. The performance appraisal which aims at facilitating employee development has the following major purposes: (1) to provide feedback and guidance, (2) to set performance goals, (3) to identify training needs, and (4) to provide inputs for management of pay administration, rewards, and promotion.The steps involved in effective performance appraisal are (1) identification of key performance areas and setting yearly objectives under each KPA, (2) identification of critical attributes for effective performance, (3) periodic review of performance, (4) discussion of performance with employees, and (5) identification of training and developmental needs (Pareek ; Rao, 1992). Potential Appraisal The potential appraisal is a future-oriented appraisal by which the potential of an employee to occupy higher positions and to assume higher responsibilities is evaluated.The potential appr aisal can help the extension staff to know their strengths and weaknesses and can motivate them to further develop their skills. Thus the potential appraisal helps in planning overall career development of employees. Some of the techniques used for the appraisal are self-appraisals, peer rating, the management by objectives (MBO) approach, psychological test and simulated work exercises, case analyses, and leadership exercises.

Rifa Essay Example | Topics and Well Written Essays - 2000 words

Rifa - Essay Example Key Words financial terms, jargons, financial methods and techniques Discussion a) Jonny 1) According to Turner’s 2004 report, pension crisis is caused by two major factors. These are the downturn in financial markets and unpredicted improvement in longevity (Whitaker 1997, pg. 16). Of course there are other factors as well, but these two elements have the biggest role to play in anybody’s descent into pension crisis. Bill Murray should therefore watch them closely if he wants to avoid being caught up in the cobweb that is pension crisis. 2) A money purchase scheme is a variation of defined contribution pension schemes (Hearn 2004, pg. 32). It is normally created by employers as a pool from which they can pay their retired employees income. Despite the employer sponsoring it, it is managed by a board of trustees (with the only exception being public sector schemes). The Trustees are in charge of paying death and retirement benefits. The amount of income payable depends on the amount of contributions made to the scheme by an employer or member, the performance of investment funds and the annuity rate at the time one is retiring. 3) Jonny is not too young to think about pension schemes. In fact, at the age of 30, he should be ready to start putting money in a pension scheme. The reason for this is that he has 30 years or less of gainful employment, after which he will retire. Contributing consistently for 30 years in any pension scheme (especially a money-purchase scheme) is enough to sustain him for possibly the rest of his life. Pension Crisis Pension is a contract made in a regular basis to a person with a fixed sum on the retirement from service (Rein & Schma?hl 2004, pg. 69). Pension crisis can be defined as the predictable difficulty found in the payment for the federal, corporate and the state pensions in Europe caused by the difference between resources and the pension obligations used in funding them. Causes of Pension Crisis Underfunded Pe nsion Plan Pension funds have to maintain a funding status or the assets value to liabilities in order to be able to afford the retirement benefits for their employees. An underfunded pension plan has fewer assets used to afford its liabilities. This is mainly caused by mismanagement as the pension schemes rely on the amount of cash being contributed from the sponsor which can be an employer (Rein & Schma?hl 2004, pg. 71). This management has a negative impact to the employees because there pension money has not been well handled. Shifting Demographics have also led to the lower ratio of workers per retiree. These are caused by the number of people retiring thereby causing employers to spend a lot of money on them compared to the profit gain of the company. The lower birth rates are also seen as a major factor as it leads to the decreasing labor force that is the number of workers. Money Purchase Scheme A money purchase scheme includes stakeholder and other occupational pension plan s among others (Rein & Schma?hl 2004, pg. 73). Its benefits depend on contributions to the pension fund and also the investment of the assets placed which can be positive or negative. When one retires the amount of money depending on the two factors is what will lead to the income one will get on retirement. Money

Assess To What Extent Large Chain Stores Are Positive For National Research Paper

Assess To What Extent Large Chain Stores Are Positive For National Growth - Research Paper Example The growth of chain stores is of considerable importance when it comes to the growth and size of an economy. There are changes which have emerged due to growth of these stores. This has led to the globalization of the markets and the economic integration due to the introduction of custom unions, free trade areas, political economic unions and social changes which result from the common monetary and fiscal policies (Greenfield, 2011). There are different types of chain stores. These include the consumables and the non consumables stores which are used to stock different types of commodities. These stores are of considerable importance to the nation. Greenfield (2011) asserts that to begin with they have led to the improvement of health sector in the economy. It has been due to this that we have changed the nature of conduct within the place of work. This has led to changes in the political behaviors of dictatorship in the government. This has been due to the misconduct by the wealthy merchants taking their business without considering the health of the workers and their care towards the society members. Secondly these stores have led to environmental conservation. This is due to the organized storage of stock thus avoiding pollution in both air and water. This has led to the conservation of the environment and health for the citizens. In addition, they have led to proper and well organized distribution of goods and services. This is due to the mass production by large companies in the world. Most of these companies are anticipating high returns, and they thus effectively and efficiently struggle to make high profits due to the increase in consumption behavior of the consumers (Howard, 2011). Distribution is a key factor to consider in the modern business. This has been due to the increased competitive nature of suppliers and distributors. Lebhar (4) asserts that consequently, advertising of products is also another factor to adopt due to the rising modern market ing strategies in the field of business. Chain store is managed by observing the degree in which to employ the salesmanship. Salesmanship is employing the convincing power in marketing of the product. However, the business has enhanced the availability of commodities to the customers. This has made it so easy for individuals to acquire goods because of the single roofing whereby one can select the desired product out of the multiple products in the store. The collaboration among many business enterprises has led to capital adequacy in investing especially to the green field investors. Capital is a significant factor to consider in doing a business since it enables an entrepreneur to acquire the factors of production which include land and labor. These are the main resources in production (Lebhar 8). The resources are endowed differently in different countries in the world, and thus chain stores are enjoying together the absolute advantage in production and avoid the comparative disa dvantage caused by factor distortion. This has led to franchise in the international market. In addition, the size of the economy must grow, and there is a significant impact on social living which results from varied opportunities in employment. This leads to eradication of poverty and place individuals in a better position to acquire goods and services (Lebhar 10). They thus