COMZ Study Group Essay Example | Topics and Well Written Essays - 1000 words

COMZ Study Group - Essay Example Pederson has developed a listening skills which his staff needs to develop he acts as the role model of the organisation. The Clan culture focus mainly on the participation and involvement of the members of the organisation. More than any other, the clan culture mainly focuses primarily on the needs and requirements of the members or the employees and believes that if the performance is satisfactory, profit would follow the organisation (Draft, et.al, 2010, p.411). In a similar manner Pedersen also believes that by delivering good services to the customers and by motivating the employees to do so, profit will follow them. He believes that it is important to image how the employees feel and in turn develop a relationship building skills. Pedersen is committed towards team approach which according to him is essential for the communication industry where creativity is everything. Just as the clan culture suggest of taking care of the employees and make sure that the employees are surrou nded by everything which are required by them, so does Pedersen for its employees. QUESTION 2 Using the PESTLE framework, identify ONE external factor and explain how it has affected COMZ Group. (150) PESTEL Analysis tends to covers the macro environment. The PESTEL covers the Political, Economical, Social, Technological, Environmental and Legal factors of an organisation (Lorat, 2009, p.6). COMZ Group was highly affected by the economic factors as stated in the case study. COMZ Group which began its operation as promotional video production company but latter shifted to event management mainly for the travel industry, the airlines and travel agencies. After the 9/11 attack, the tourism business was affected highly and also had an adverse affect on the COMZ Group. The company had lost about 60% of its business overnight for which the company COMZ had to reposition itself completely. The 9/11 attack had affected the business badly so the company was forced to shift into a new dimensi on. COMZ Group is now a communication agency which offers a range of products and services to both local and large MNCs. Identify ONE other external factor and explain how it could affect COMZ Group in the future Other than the Economic factor, the company is affected by the rivalry among the industry. Since the communication industry is a competitive industry, the company needs to provide effective and better services to gain a competitive edge over its competitors. The COMZ Group continues to face challenges because the communication is often regarded as a luxury by businesses which cannot be afforded during economic downturn. There may be other communication firms which might offer great services at a less amount affecting the business of COMZ Group. Therefore the competition among the established firm within the same industry is usually high and that to in the communication industry (Hills & Jones, 2009, p.43). QUESTION 3 Identify TWO COMZ Group stakeholders (excluding sharehold ers) and describe their likely interests in the performance of the company. Two COMZ Group stakeholders are the customers and the employees who act as core members and are interested in the performance of the company. The customers are the key stakeholders that the organisation needs to satisfy. A customer is someone who is involved in the decision making to acquire a product or implement a

Marketing and Twitter Essay Example for Free

Marketing and Twitter Essay 1. Is Twitter just a bright idea or a real business opportunity? To what extent does Twitter’s situation reflect the past record of its founders? I think Twitter is a bright idea but also a real business opportunity that its founder has been waiting since 1997. Evan William has developed so many different ideas and created some companies which he sold. There are so many similar social networking companies. Although the idea of Twitter is not fully original or new, but it’s a most successful one. The founder takes a unique opportunity while others don’t and he takes risks that others think is impossible. He had the vision and creativity of a true entrepreneur. 2. A). what is Twitter’s Advantages and challenges given it chosen technology configuration? Twitter is an easy-to-use broadcasting system that allows users instant to transmit short message in real time. It just need carry standard cellular phone to tapping out a message. It’s an open source platform while you can restrict the subscription lists to selected subscribers, or leave it open, which allows anyone to sign up to read your Tweets. B). what are the benefits and challenges for corporations looking to use Twitter internally and externally For internally, the employee can encouraged to participated in a group effort to post topic and join in the conversation with the followers, and the corporation is able to get instant feedback from the followers by using informal Twitter polls. For externally, Corporations are using Twitter for a web site targeting a very niche market, this is pretty impressive. There are few ways Twitter has positively impacted on corporation’s brand image. First, use Twitter can raise the visibility in the marketplace. Second, Twitter have enabled corporation to connect with their customers in a way that makes them feel like they are a part of what corporation doing. Third, many people responded that they actively seek out product on social media. Moreover, Twitter can be a promotional evangelist for the corporation. 3. What has been Twitter’s marketing approach to date, and is it sustainable? By the looks of the information from the case that looks like Twitter has reached its limits with the current marketing approach they used up to date. In order to avoid being pushed out of the market, Twitter should build relationships with potential rivals, but not trying to break them. The biggest marketing problem which Twitter faces is adapting their vision and strategy to the potential market. This can only be done if they adapt a stable structure and operating process as much as changing their values according to their users and market needs. 4. Can Twitter ever earn profits? If so, what are the best ways it can monetize? Twitter can ever earn profits if they manage their market growth and service delivering correctly. For outsider, Twitter should consider selling a part of company to a more stable company that could assist them in staying ahead of their future rivals. Selling some rights can assisted them generating income and help them adjust their marketing strategy. For themselves, Twitter can sell advertising space and adding more attractive services to keep the user excited. Also, Twitter should pay attention to some service their competitor focus but they missed.

The Effect Of Cartoon Violence Media Essay

The Effect Of Cartoon Violence Media Essay Research Question: Does the violence depicted in cartoons have a negative influence on young viewers between ages 3-5 in America, and does it promote aggression and/or violent behavior. Introduction: Nowadays it is a common belief that the violence portrayed in cartoons might have a negative impact on the behavior of young children. The main aim of this Essay will be to determine whether cartoon violence has a negative influence on the behavior of young children aged 3-5 in America or whether this assertion is merely a false presumption. If the claim is true, we will be considering any possible effects it may have on the behavioral development of those children in the future. My main scope of research will be consisting of various analyses of popular cartoon shows in the United States, along with various books, articles and online forums containing relevant information in order to aid me in providing a suitable solution to the research question. Many young children in America are believed to be spending an average of up to 30 hours of television a week  [1]  and the majority of their free time watching cartoons on television where they could be exposed to a variety of harmful scenes. Allowing young children to watch high amounts of cartoon violence might result in unwanted consequences and perhaps an undesired change in the behavior of the child. Presumably this is because the majority of cartoons that are displayed on the television contain some form of violent activity which could affect the undeveloped minds of young children in an undesired way, as well as possibly promoting violent behavior. Violence in cartoons can be extremely harmful to children of young ages as they have difficulties distinguishing reality from fantasy because their brain has not yet reached a state of maturity.  [2]  Americans are concerned because preschoolers social and emotional development could be negatively linked with cartoon violenc e and aggressive behavior.  [3]  While on the other hand it is believed by many people, especially by adults, that the violence depicted in cartoons has no serious or dangerous effects on young viewers in America which are worthy of concern.  [4]   This topic is worthy of investigation because the number of children being exposed to cartoon violence is supposedly increasing each day with the average rate currently standing around 1hour of television per day, most of which is made up of cartoons  [5]  . This could potentially result in aggressive and/or violent behavior by the preschoolers towards others in their surroundings. This information is worthy of notice because some of the most popular and most frequently watched cartoons have been featured to contain some of the highest amounts of violent and aggressive activity on television  [6]  which may have undesirable consequences on young viewers if overly exposed to such content. Accordingly this topic should be carefully investigated in order to be capable of preventing, and treating any unwanted outcomes of overexposure to violence in cartoons because investigation towards the effects of cartoon violence may be able to help prevent or minimize the development of vio lent behavior patterns among preschoolers in the United States. Development: Today it commonly known that many young children all around the world, including preschoolers in America, spend most of their day and a majority of their spare time watching the television. In fact recent studies have shown that in America, preschoolers alone were known to be watching an average of up to 30 hours of television a week.  [7]  It has been discovered that an average four year old child in America watches anywhere between 50 and 70 minutes of television a day, consisting mostly of cartoons.  [8]  This information is worthy of careful observation because some of these cartoons have been featured to contain some of the greatest amounts violent and aggressive scenes on television.  [9]  Research has shown that in-between years 1973 and 1993, over 90% of childrens weekend morning programs contained some form of violent activity, with an outstandingly high average of over 20 violent scenes per hour.  [10]   According to IMDB (Internet Movie Database) which is the third largest online database containing information mostly about movies and television programs and is considered to be one of most popular online entertainment destinations with over 100million unique users each month and over 41million registered users, where viewers are able to rate and comment on any television shows theyve watched  [11]  . Some of the top rated, and most frequently watched cartoons by preschoolers in America such as Teenage Mutant Ninja Turtles, Tom and Jerry, Ben 10, The Power Puff Girls  [12]  , à ¢Ã¢â€š ¬Ã‚ ¦ The list is endless and it is because of cartoons like these which are believed to contain some of the highest and most prominent levels of violent scenes from which the question on whether overexposure to such content may have any unwanted outcomes, arises. Among the most popular cartoon broadcasting channels were Cartoon Network and Nickelodeon  [13]  , which display all of the previously mentioned cartoons containing noticeable amounts of violence, and are mostly portrayed during Saturday and Sunday mornings when young children in America are mostly exposed to television. These cartoons which are frequently displayed and which contain violence are often those which get people of America worrying that overexposure to such content may result in an unwanted negative influence on preschoolers. Let us look at a summary of Tom and Jerry for instance. Tom and Jerry  is an  animated cartoon  , which is mostly focused on a rivalry between a  mouse  (Jerry) and a cat  (Tom) who chase each other throughout each episode which always contains some form of violence. Tom and Jerry is said to be  one of the greatest cartoons of all time.  [14]   It is a cartoon which was created in the 1940s and still today is considered to be one of the most popular and highly rated cartoons among young viewers in the United States according to IMDB scoring an outstandingly high 8.7 out of 10 score which was voted by viewers  [15]  . It is mostly displayed during prime time hours and on Saturday and Sunday mornings on Cartoon Network where it is mostly exposed to preschoolers in America. A Parents Guide section on the IMDB website where viewers and adults are capable of commenting on various television shows indicated how most viewers interpret the cartoon to be very violent and to contain dangerous weapons and abusive behavior towards animals and people. In addition there are times where the characters die at the end of an episode and come back alive in the next episode which may cause preschoolers in America exposed to the cartoon to get a false misinterpretation of death and the consequences of the actions displayed in the cartoon and in real life. In almost every episode of this show there is some form of violent activity where objects are smashed over either Tom or Jerrys head. Toms owner was very brutal and bizarre in the way he disciplined Tom. Many of the episodes feature Tom dying at the end, but he always came back in the next episode. Guns are used very frequently in the show,  but they never really show any real harm apart from blowing hair off or grazing the characters.  [16]   Despite the tremendous amount of violence which is displayed in the cartoon, it still is considered to be suitable, and is recommended for children of all ages. The most troubling thing of all is that Tom and Jerry is only one of many cartoons which portray such prominent levels of violence yet they are still recommended for all audiences. All of the previously mentioned cartoons (Teenage Mutant Ninja Turtles, The Power Puff Girls, Ben 10) all contain some sort of violence, usually in the form of aggressive physical force in order to prove a certain cause, or to defeat the evil characters. While examining the effects violence in cartoons on children, Haejung Paik and George Comstock found that all children, including preschoolers in America, demonstrated increases in violent behavior and manifested aggression when they were exposed to violent content from cartoons. Various studies conducted by the two have confirmed the suggestion that the aggressiveness of preschoolers increases after they have been exposed to a cartoon which contained some form of violent content, and also where the characters in the cartoons demonstrated aggressive behavior.  [17]   A Study conducted by psychologist Albert Bandura showed how this information which was gathered is linked with the social learning perspective indicating that preschoolers learn to behave by observing other people or characters in their surroundings and try to imitate how they would react in certain situations.  [18]   Bandura also found that the aggressive behavior which young preschoolers were demonstrating was mostly coming from violent cartoons. He concluded that children were behaving aggressively towards others because they tried to simulate the actions of the characters which they saw in those cartoons. He discovered that this behavior which the children had observed from the characters, had then been generalized into other forms of violent deeds by the preschoolers themselves such as aggressively playing with plastic swords and guns.  [19]   Bandura and Huston found that the observation of violent and aggressive acts in cartoons by 3-5 year old children in the United States, regardless of which character was involved and what connection they had with the child, was a sufficient condition for producing imitative aggression  [20]  for preschoolers. Moreover children who have been known to watch many cartoons containing a decent amount of violent activity are more likely to express some form of that aggression towards their peers or even adults, in contrast with those children who do not view much violent content in cartoons.  [21]   Bandura has conducted studies showing that those actions by the characters in cartoons which are rewarded are more likely to be remembered by the preschoolers, rather than those which are punished.  [22]   A report by the NTVS (National Television Violence Study) showed how almost 70% of violent acts in childrens cartoons did not result in any harm or pain to the characters who were involved. Another study also showed how less than half of the childrens cartoon shows had any form of punishment for these violent and aggressive actions of the characters.  [23]  As a result the violence which young preschoolers view from cartoons on the television may give them the wrong impression of what the outcomes could be in real life and in a real-life situation. The preschoolers are able to see how in most cartoons when an act of violence is implicated by one character towards another, the one who has demonstrated a violent or aggressive act towards the other character does not get punished for his/her actions in most cases, and does not suffer any consequences. In fact, in the cartoon Ben 10, the main character (Ben) destroys large amounts of the city in some situations including public and private property and inflicts damage in order to capture the villain, this mass destruction always goes unpunished, which may leave a false impression among young viewers that just because one bad guy was caught might approve or act as a justification for the destruction of other peoples property or hurting others. In fact the most common way of teaching moral lessons by protagonists in cartoons is by aggressive or violent acts.  [24]  This type of behavior is often rewarded and the character is considered a hero when he defeats the bad guy by using various forms of physically aggressive force such as the Power Puff Girls, who always inflict severe amounts of damage with their super powers in order to defeat the villain/s and are always considered heroes and are praised after every episode. Such cartoons in which the acts of violence are rewarded although in some cases are considered to be extremely harmful or pain inflicting, mislead the young children in perceiving those acts of violence as the right thing to do. By watching how the characters can almost always get away with it, and seeing how that sort of behavior is usually rewarded in the cartoons, the preschoolers in America might get the wrong impression of how they should be reacting in specific situations, and how they should be treating and behaving around others in their surroundings. Children often view the characters they see on television as their role models. They consider them to be heroes and observe how they are rewarded and praised for committing violent acts as well as possessing not only very aggressive attributes, but the characters also consisted of very attractive and appealing qualities as well.  [25]  . This leads preschoolers to draw conclusions that the aggressive behavior by their favorite characters is justified since there is no form of punishment, or consequences to show that it is wrong, as a result the 3 to 5 year old children have an increased motive to try and reproduce this behavior.  [26]   Many people fear that overexposure to cartoon violence may have long term effects on preschoolers behavior in America, especially if they are consistently being overly exposed to violent content in cartoons at such an early age.  [27]   There are many different theories suggesting what possible effects overexposure to violence in cartoons could have. Professor Dolf Zillmann developed his excitation transfer theory which suggests that while children are watching television or cartoons containing violence, they suddenly feel a need to transfer negative energy towards something/someone else, resulting in antisocial behavior and perhaps inflicting damage to other children in their environment.  [28]  Another famous theory founded by Professor George Gerbner was the cultivation theory which indicates that overexposure to television increases the likelihood of a mainstreaming effect where young children might confuse what they see as a twisted representation of the real world and real-life situations,  [29]  Which in turn may result in children developing a misinterpreted view of violence in the real world.  [30]  John Flavell, an  American psychologist, discovered that the understanding which preschoolers p ossess regarding whether the cartoons they watch on the television are real or imaginary is either very limited or not present at all. Meaning that there is a very high possibility for those young children to confuse reality from fantasy and comprehend what they see from cartoons as real.  [31]  Accordingly it has been discovered that 6-7 year old children had difficulties understanding the distinction between real world capabilities and those portrayed in cartoons and that they appear to have difficulty understanding television conventions that violate real-world possibilities.  [32]  We can form judgments from the previous findings because if 6 and 7 year old children arent fully capable of understanding the conventions on television and linking them with the real world, then preschoolers, being of a much younger age and generally unaware of the meanings of the events taking place in cartoons, would have an even poorer understanding of what they are watching and what possi ble connections it may have with the real world. It has been discovered that when a specific character in a cartoon exhibits aggression or acts violently towards another character, and at the same time provides a clear explanation justifying the reasons for his/her actions by the use of words, was far too intellectually advanced and overly complex for young children in between ages 3-5 in America to interpret and understand completely.  [33]  This may leave the preschoolers with a false memory or intuition of only an aggressive or violent act by one character towards another without any reasoning or justification involved. In order for young children to become fully capable of understanding the reasons behind the actions of the cartoon characters and their intentions, they need the assistance of an adult who is willing to explain the means of the situation and why the use of aggression should or should not be punished, and what possible consequences would be necessary to the characters who have demonstrated some form of aggress ion towards others.  [34]   Ronald Drabman and Margaret Thomas found that children lose all forms of sensitivity and feelings towards victims in cartoons by the time they leave preschool,  [35]  which could mean that the young 3 to 5 year old children are finally becoming capable of distinguishing reality from fantasy, and that they are becoming aware that the cartoon characters are not real. While on the other hand this information could mean that the children have lost interest or possibly gained the wrong impression of the consequences of the actions of the characters. E.g. if they watch a cartoon in which one character shoots another character, and the other character does not receive any injuries of any kind then the children may mistake guns for being incapable of inflicting any damage to other people in real life which could lead to serious consequences. While looking at the unrealistic capabilities of most characters from cartoons, in their fantasy worlds, we cannot really determine whether this violence is considered harmful to young children. Even though not all television networks and adults, especially parents approve that they are comfortable with the amount of violence depicted in cartoons, many older and mature people who watch adult television comprehend cartoons and fantasy as something which has nothing to with extreme violence what so ever, and so they do not find young children being exposed to this type of content worrying.  [36]   In fact Some of the worlds largest and most famous television networks such as Warner Bros. also characterize cartoon episodes to be a reflection of good versus evil that particularly underline the importance of loyalty and how punishment for being selfish is necessary under certain circumstances.  [37]  Consequently the violence which occurs when the good characters have to defeat the evil characters is justified because it is the morally correct thing to do, and these cartoons try to pass on the message how in order for a whole community to feel safe and enjoy their lives, some people have to suffer and be punished. Research shows that when children are able to interpret a cartoon with real life and compare the scenes which occur in the cartoon with real life situations, then there is a greater chance for the child to demonstrate aggressive behavior. Whilst on the other hand if the Childs understanding of the cartoon is rather poor and in their eyes is seen as unrealistic, then the chances of the preschooler showing any forms of violence or aggressive behavior, is significantly lower.  [38]   Research is continually proving that children in America between ages 3 and 5 do not completely understand the meaning of the cartoons they watch and that their apprehension of the shows they are being exposed to is very poor and could remain that way all the way through to until they are 8 years old.  [39]  By looking at this information we can conclude that because preschoolers have a poor understanding of the meaning and the plot of the cartoons which they are watching, the chances of inheriting any unwanted aggressive or violent behavior from those cartoons by the preschoolers will be significantly lower. A study performed by Hodapp showed how 5 and 6 year olds could not recall what they had learned while watching educational programs and how they were simply incapable of performing and putting those skills to action in real life in order to help themselves in difficult situations.  [40]   Therefore this leads us to a conclusion that preschoolers, being of a younger age and not as intellectually advanced as a 5 or 6 year olds, may also be incapable of interpreting the actions they see in violent cartoons. So as a result they will not acquire any negative influences or bad behavior from watching cartoons containing violent and/or aggressive scenes. Moreover the National Television Violence Study (NTVS) reported that for all cartoon programs, just over 30% of the characters who demonstrated some forms of violence in cartoon shows, also possessed some good and sympathetic attributes such as helping and caring for those in need  [41]  , which could be beneficial for preschoolers in America and teach them to exhibit concern and empathy for others in their surroundings. Judging by their age, preschoolers have been proven to have a relatively high ability of drawing conclusions about moral reasoning  [42]  such as recognizing and determining when the character has acted selfishly or whether their actions are morally wrong.  [43]   The preschoolers in America are known to be capable of identifying the difference between morally acceptable and unacceptable behaviors in society.  [44]  Meaning that they are aware of the rights and welfare of others in their surroundings and how they should be treated equally and with respect. In addition the investigators of this topic believe that 3 to 5 year old children are fully aware of the distinction between socially acceptable and socially unacceptable behavior and how they are capable of making judgments based on whether it is real life situation of something theyve seen from a cartoon.  [45]   This understanding of such situations at an early age may aid young preschoolers in finding a balance between the violence they view in cartoons and real life situations and it may not result in a negatively affected behavioral development in the future. Conclusion Does the violence depicted in cartoons have a negative influence on young viewers between ages 3-5 in America, and does it promote aggression and/or violent behavior. answer the research question. Throughout this investigation we have discovered that children between ages 3 and 5 in America may have difficulties when attempting to differ reality from fantasy which might intensify or negatively stimulate the preschoolers motive to act and behave differently and aggressively towards others in their surroundings. However we cannot conclude that a preschoolers aggressive or violent behavior is the result of being exposed to violence in cartoons. In order to make such assumptions we must first take into consideration the childrens perception of the violence depicted in those cartoons and the way in which the preschoolers understand what is happening and why. Therefore we cannot confidently say that the children will show similar behavior in the real world only because the characters may have acted aggressively or violently in the cartoons. When we focused on the most popular cartoons among preschoolers in America we found that they are clearly violent and how they might potentially influence the behavior of the young children in a negative way. However we also found that some of the acts of the characters could teach the preschoolers in America to act morally and to apply the skills they observe from television in real life which could be beneficial. In order for us to summarize the effects of cartoon violence on preschoolers in America it is crucial that we first determine how well the children understand and what they learn by watching cartoons. We found that if the children are capable of differentiating the transgressions which are present in the cartoons from those in real life and if they realize a distinction between socially acceptable and socially unacceptable behavior which they view in cartoons, then cartoon violence would not have such a negative impact on the behavior of the preschoolers as assumed. All in all cartoons which portray large levels of violence and aggressive activity will continue to do so and will remain a popular source of entertainment among the 3 to 5 year old viewers in the United States. The children will continue to spend most of their free time watching these cartoons which will perpetually be displayed on television during prime-time hours and throughout childrens weekend morning shows. Adults, especially parents in America play a vital role in influencing the impression preschoolers obtain by observing potentially harmful scenes in cartoons and the violent actions portrayed by the characters as an act of justice, and determining the moral and social acceptability of those actions. All in all the impact that overexposure to violent or aggressive content has on the more vulnerable audiences in the United States such as 3 to 5 year old children will remain unresolved as we have found evidence supporting both sides and various different views towards the topic and the possible effects which cartoon violence might have on preschoolers in America. I would suggest that adults watch cartoons alongside the children as they will then have the opportunity to answer any potential questions the children may have, and with the aid of an adult the children may interpret and gain a more clear understanding of the motives and reasons for the violent or aggressive actions which have been depicted by the protagonists in cartoons, therefore minimizing any possible unwanted outcomes. Word count approx = (4258)

End of Life Decisions Involving Patients and Their Families Essay

This study was done to inform patients and others that end of life decisions can be done, in advance, without having a terminal diagnosis. Palliative is a process created to prevent patients from suffering, at the end of their life. This is an evidence-based nursing study, using the qualitative research method. The clinical scenario is based upon the writer and researchers working on a palliative care unit. On this unit there are many opportunities to discuss end of life decisions with patients and family members. This study was done to improve palliative care and end of life issues with hopes of achieving a better outcome, with patients and their families. The reason for this study was completed is to indentify way nurses can communicate, the process and the meaning of end of life decision and â€Å"living wills† to patients and families. Most people do not understand palliative care and why it is done. Palliative care and end of life decisions are very hard and sensitive to discuss with everyone. Bowers and Norton completed this study to give care team members more input on how to counsel patients and their family on making better end of life decisions. In this study, data is provided to show varying attitudes, beliefs, and actions of providers, the care team, and patients. Strategies are used to show different interpretations by incorporating the patients and family members to take control of decision making for the end of life. In researching the information the provider and researchers decided to use the three question approach to determine if this process would be beneficial to the patient and their families. The first question would be â€Å"are the findings of this study valid†? Question number two would be â€Å"wha... ...upport group should involve patients and families that do not need palliative care at that time. References Giacomi, M., Cook, D. (2010). JAMA. Qualitative Research in Health Care. P 357-362. Retrieved from http:www.ebn.emj.com/content/6/2/36.long Norton, S. Bowers, B. (2008). The Nurse Health Journal: Working Toward Consensus. P 258- 259. Retrieved from http:www.ebn.bmj.com/content/6/2/36.long Roger, A. ((2010). Family Practice: Explicit Guidelines for Qualitative Research. Retrieved from http:www.ebn.emj.com/content/6/2/36.long Russell, C. Gregory, D. (2008). Evidence-Based Nursing: Evaluation of Qualitative Research. Retrieved from http:www.ebn.bmj.com/content/6/2/36.long Thorne, S. (2008). Completing a Qualitative Project. P 117-132. Retrieved from http:www.ebn.bmj.com/content/6/2/36.long

Critically examine the different sources of finance available to businesses

MANAGING FINANCIAL RESOURCES AND DECISIONS TERMPAPER1 Executive Summary The information which was used to explicate the theoretical model was put together utilizing both primary and secondary information. Information was gathered from the cyberspace ; the literatures and transferred prior cognition that was garnered from an in-class treatment as a beginning of informations. The confer withing company enables companies to come in new market, addition grosss and better operational public presentations, analyzes the current concern operation and determines ways that the company can run smoother. Powell’s finance service which is the private company is a taking maker that provides concerns with fiscal aid and has been in being since May 2003. The finance section of a concern is one the most of import sections in the concern as it is in this country where all the money is managed. The fiscal resources in a concern are what will travel the concern from one phase to another.The fiscal facet of a occupation is really of import as no programs of the organi sation can be carried out without the fiscal section being called for. The finish of any finance map is to accomplish three benefits: concern support service, lower costs and effectual command of the surrounding† . ( Griffin, n.d. ) . Making determinations in a concern semen with tactical thought. As these determinations can either do or interrupt the company. â€Å"Decision devising is an indispensable leading accomplishment If you can larn how do timely, well- debated determinations, so you can take your squad to well-deserved success† . ( Mind Tools, n.d. ) . Other organisations describe determination devising as the cognitive procedure ensuing in the choice of a belief or a class of action among several alternate possibilities. So this merely goes to demo the relevancy of good determination devising because what every determination doing procedure produces a concluding pick that may non motivate action. So with the fiscal direction and the determination doing a company can seek to travel from strength to strength. Rationale The intent of this research is to demo the importance of the different beginnings of finance available to concerns. Finance is a really of import factor of any concern ; finance is needed in every concern in order to better. There are many beginnings through which a company can have its finance in order to increase its capital. Background Private Spouses Powell’s fiscal service is a taking maker that provides concerns with fiscal aid and has been in being since May 2003, this concern has grown to be one among the taking fiscal companies in Jamaica with both internal every bit good as external stakeholders. It is located in the centre of Half Way Tree and looking frontward to the international market. One of its stakeholders is a Willis Consultant Company who helps in helping the policy ‘s company’s public presentation, possible and assesses its communicating, cognition, information, interaction and needs as this is a major failing of the company. This fiscal company is responsible for the direction of the organisation ‘s hard currency flow and guaranting at that place plenty financess available to run into the twenty-four hours to twenty-four hours payments, this country besides encompasses recognition and collects policies for the company’s clients, to guarantee the organisation is paid on clip and i s a payment policy for the company’s provider. As a Small Business Enterprise it is hard to vie with our rivals so we had to engage a Business Consulting Firm to make solutions to our jobs, acquire the merchandise on the market and to hike the sale of it so it can be recognized worldwide. VISION STATEMENT Powel’s fiscal service is the Prime Minister centre that offers quality services to its clients. . MISION STATEMENT Powel’s Financial with the accent on good client service and good trained employees Powel’s Financial will efficaciously put to death responsibilities WILLIS CONSULTING COMPANY The Willis adviser company is owned and o3perated by Ghenya Johnson and was established in the twelvemonth May 1985. Our good trained employees include: Secretary, Accountants, Selling Directors, Human Resource Managers, Managers, General Managers, Chief Executive Officers ( CEO ) , and the Consultants. We are located in three locations Mandeville, Santa Cruz and our caput office in Kingston. This confer withing house provides professional advice for a fee. This steadfast employs professionalism with the specialised expertness to assist authoritiess and organisations across all industries and concern maps create value for their clients and stakeholders in all countries and phases of concern, we specialize largely in helping clients with pull offing information, communicating, cognition, information, interaction and needs ; it lends valuable expertness and provides advice and counsel in many ways. This company enables companies to come in new market, addition grosss and better operational public presentations, analyzes the current concern operation and determines ways that the company can run smoother. Our aim apart from doing a net income is to go on developing our clients concern in footings of communicating cognition and seting together information, making solutions to assorted bugs in the concern biosphere, our figure one end is to help our clients in any manner possible given them the competitory border that is needed to win in their assorted endeavor’s. We here at Willis Consulting Company takes great pride in the advice we give as we are cognizant of how unforgiving this concern can be. For 28 old ages, our company has weathered the storm under the brilliant leading of Ghenya Johnson therefore doing our name as one of the best consulting company in the part. We look frontward to working with each other and every one of you in recognizing your dreams and going the best that you can perchance be, here at Willis Consulting Company we pride ourselves on functioning the local and international community. Our piece of land record for the assorted old ages speaks for itself, we have helped falling cooperation acquire back on path. We will be looking frontward to working with you and we extend our deepest thanks for taking Willis consults as the thrust forcing to help you in this venture. VISION STATEMENT This company enables companies to come in new market, addition grosss and better operational public presentations, analyzes the current concern operation and determines ways that the company can run smoother. MissionStatement Our figure one end is to help our clients in any manner possible given them the competitory border that is needed to win in their assorted enterprises AimTo place the beginnings of finance available to concernTo understand the deductions of finance as a resource within a concern.To do fiscal determinations based on fiscal informationTo supply an assessment of the fiscal public presentation of a concern Methodology In seting together information on the research the research worker, acquired a wealth of cognition by qualitative and quantitative research methods which applied in this thesis in the class of informations analysis, Primary informations were collected through inquiries ( questionnaires ) asked two individuals in the concern field that the research worker is familiar with, these inquiries ( questionnaires ) were asked so researcher could hold a better apprehension. Questionnaires can besides be analyzed more scientifically and objectively than any other signifiers of research and can be conducted by a big figure of people in a short period of clip and in a comparatively cost effectual manner. Harmonizing to Leary ( 1995 ) , there are distinguishable advantages in utilizing a questionnaire vs. an interview methodological analysis: questionnaires are less expensive and easier to administrate than personal interviews ; they lend themselves to group disposal ; and, they allow confidentiality to be assured. Robson ( 1993 ) indicates that mailed studies are highly efficient at supplying information in a comparatively brief clip period at low cost to the research worker. The secondary informations which was used to explicate the theoretical model was gathered from the cyberspace ; the literatures and transferred prior cognition that was garnered from an in-class treatment as a beginning of informations aggregation. Analysis 1.1 Identify the beginnings of finance available to a concern Finance Finance is a outgrowth of economic sciences concerned with resource allotment every bit good as resource direction, achievement and investing. Finance trades with affairs related to money and the markets. SOURES OF FINANCE AVAILABLE TO BUSINESSHire Purchase- this is a sort of episode recognition, which is similar to renting the lone exclusion is that the possesstion of the good base on ballss to the hire purchase client to the concluding recognition episode, whereas a rental ne'er becomes a owner of.Renting – this is a method of obtaining the usage of assets of the concern without utilizingBank Lending-Government assistances-Retained Earnings- the sum of gaining retained within the concern has a directOrdinary/ Equity shares- this is interchanging a part of the ownership of the concern for a fiscal investing in the concern. The ownership interest, ensuing from an equity investing allows the investors to portion in the company’s net incomes.Analysis 1.2 ASSESS THE IMPLICATIONA OF THE DIFFERENT SOURCES OF FINANCE Beginnings of finance can either be long term or short term. Long term beginnings of finance can be paid back over many old ages while short term beginnings of finance must be paid back in one twelvemonth clip. Beginnings OF FINANCE THAT COVERS SHORT TERM:An overdraft facility- this is where Bankss allow houses to take more money that it has in its bank history.Trade credit- this is where providers deliver the goods now and are willing to wait for a period of clip before payment.Factoring- this is where houses sell their measures to a factor like Bankss, they pattern this in order to acquire money immediately alternatively of waiting 28 yearss to be paid the full sum..Beginnings OF FINANCE THAT COVERS LONG TERM:Owners who invest money in their concern for sole bargainers and spouse this can be their nest eggs. For companies, the support invested by stockholders is called portion capital.Loan from a bank or family/friends.Debentures- these are loans made to a family.Mortgage- this is a particular type of loan for purchasing belongings where monthly payments are made for the usage of equipment’s such as autos.Leased – these are equipment’s on rental and non owned by the h ouse, hired equipment’s are owned by the house after concluding payment.Grants- this can come from charities or the authorities to assist concerns acquire taken up, particularly in parts of high usage. Analysis 1.3 EVALUATE THE APPROPRIATE SOURCES OF FINANCE FOR BUSINESS PROJECTS Whether 1 is get downing a new concern or seeking to spread out on an bing one, taking the right beginning of finance for the state of affairs can be really ambitious, therefore there are many beginnings to take from and each beginning of finance has its ain advantages and disadvantages. Bank Loans- bank loans can be a existent good beginning as I may be able to guarantee the personal loan or line of acknowledgment ; these loans are available to finance the purchase of stock list and equipment every bit easy as to keep runing good as to obtain operating capital and financess for concern enlargement. These loans are clip honored and a really reliable method of financing a little patronage, finance houses with important collateral and a long class record, and the footings they offer are frequently really stiff. DisadvantageThese loans are difficult to predominate unless little concern receives a substantial path record or valuable collateral like existent land.Monetary value of bank loans- involvement rates for little concern loans from my boxes can be really high and the sum of bank support for which the concern qualifies is frequently non sufficient to wholly carry through the demand.AdvantageBanks will merely loan money to a commercial endeavor based on the value of the occupation and its perceiving abilities to function the loan by doing payments on clip or in full.Banks do non take ownership in your concern or acquire involved in any facets of running the concern to which it grants loan.Recommendation Finance is required to advance or make occupations, addition assets, green goods merchandises, run market studies every bit good as to promote.Establishment thought fundss on being antiphonal, efficient, and quantitative and risk averse. So the finance section is the bosom of the whole operation of a concern and that’s why this section is so of import and important. Finance is needed throughout the life of every company, it is needed to get down a concern and incline it up to profitableness, the type and sum of finance required for a concern depend on factors such as the type of concern, the sum of money that will be needed and the clip span in which it will be needed, the success of the house and the province of the economic system. The fiscal demands of a concern will change harmonizing to the type and size of the concern. In the early phase of any concern one is improbable to hold all the capital it needs to acquire started, and so will hold a list of thoughts and options for funding. Since bank loans are the most traditional manner of funding concerns it is the method that most concern proprietors use in order to finance their concern, hence it has advantages and disadvantages like any other beginnings of finance so one should carefully see if it is the best option for the type of concern before doing a concluding determination. There are two major beginnings of finance for any concern and these include the internal and external beginnings of finance. The proprietor of the concern is the 1 who chooses the best signifier of finance to be used by the concern, the concern can merely come on if the right beginning of finance is being used. There are three major types of support options that are available to little concerns and these are debt funding, equity funding and grants. Debt funding is the handiness of recognition or loans to little concerns that has a good recognition repute, nevertheless the cost of borrowing money is compared with the cost of equity funding for cost benefit analysis. Equity funding is the exchange of a part of the ownership of the concern of fiscal investings in the concern. Decision One of the primary ends of get downing up a concern is for doing money. Finance is the life blood of any concern, for every concern there is a great importance of finance. Finance is the most of import thing to run any concern as it helps it to turn, develop and spread out ; there are many beginnings of finance available to concerns. The categorization of beginnings of finance is dependent on assorted factors and these beginnings of finance can be classified as internal, external, debt, equity or short term and long term. . So the finance section is the bosom of the whole operation of a concern and that’s why this section is so of import and important. There are assorted countries that the finance section covers which play an every bit as good function as any other in the company. One of these is â€Å"Budgeting and Forecasting and this is the relation of your concern and the external community. Driven by net incomes and development estimations, stock monetary values rely on timely informations prediction to accomplish optimum cost and market capitalisation. Another country that the finance section covers is the payables and receivables, this where the all hard currency flow into and out of the concern are managed. Sellers and creditors need payment right and on clip to maintain things running smoothly† . ( Griffin, n.d. ) . In the business, it is best to stay liquid, possessing the right measure of difficult currency on manus and at all times must keep payment programs tat keep back every thing on path as this is best. Small concern net income from this cognition even though non publically sold. Possessing cognition of natu ral stuff demands, staff office and staffing demand and enlargement demands force enterprisers to thoughtfully look at their demands. With the fiscal section being the nucleus of the organisation it needs to be managed decently so as to harvest better consequences. REFRENCESDana Griffin, n.d.The Role of Finance in a Business. [ ONLINE ] Available at: hypertext transfer protocol: //smallbusiness.chron.com/role-finance-business-290.html. [ Accessed 21 January 15 ]MindTools, n.d.Decision Making Techniques. [ ONLINE ] Available at: hypertext transfer protocol: //www.mindtools.com/pages/main/newMN_TED.htm. [ Accessed 21 January 15 ]

Zero Tolerance essays

Zero Tolerance essays The idea behind zero tolerance policing is that a strong law enforcement approach to minor crime (in particular public order offenses) will prevent more serious crime from occurring and will ultimately lead to falling crime rates. Zero tolerance policies are based on the broken windows theory by Wilson and Kelling. An unrepaired window is a sign that no-one cares and therefore more damage will occur. Zero tolerance policies feel that if disorderly behavior is not dealt with in a particular area, then more serious crime will be the result. Nuisances such as public drunkenness, vandalism, begging and so forth create an atmosphere where more serious crime can occur. The zero tolerance approach was originally introduced by the New York Police Department and Mayor Rudolph Giuliani. Based on the information I have read, it appears that New Yorks crime rate dropped drastically during the period in which there were zero tolerance policies. According to statistics since 1993, major crime in New York City has fallen by 39% and murder has fallen by 73%. Whether it was this approach, or some other factor, which was responsible for the recent falls in crime in New York and elsewhere, I am unsure. One theory for the decreased crime rate is that fewer people are involved in the crack epidemic which swept the city in the 1980s and early 1990s. Another theory is that the majority of the offenders responsible for crime in the 1980s are now in prison. Some of the opponents of the zero tolerance policies state that the police are based on a punishment mentality, which creates fear and distrust in many communities. The most serious complaints about "Zero Tolerance" revolve around police brutality. Other opponent of zero tolerance policies feel that zero-tolerance policing means zero tolerance for certain people mainly black males who are disproportionately arrested and convicted of crimes. ...