Thursday, October 31, 2019

Concentration Indices Research Paper Example | Topics and Well Written Essays - 1250 words

Concentration Indices - Research Paper Example This index also shows the amount of competition present among the companies. Basically it takes market shares in account and calculates the sum of shares of the market shares of all the companies present in that particular industry. So if there are N firms in an industry, the HHI is calculated as Where s is the market share of the firm and 'n' represents the number of the firms in the whole industry. If we see a decrease in HHI index we can say that there is an increase in competition and there has been a loss of pricing power and it's vice versa when there is an increase in the value. Other significant variants which typically revolve around the value of HHI are unconcentrated index which is indicated when H index is below 1000. HHI index between 1000 and 1800 indicates moderate concentration value and HHI index above 1800 indicates high concentration Concentration Ration is defined as the percentage of market share which is owned by N largest firms in an industry. Usually the value of N is 4 but sometimes some other larger number is taken. It is expressed as CRn, so a concentration ration for N largest firms in an industry is defined as follows Where s defines the market share of the firm and n defines the number of the large firms if the value of the index is near zero then we can say that the industry is extremely competitive. However as general thumb rule followed by the industry analysts, that if CR value is lower then 40 then it implies that the industry has very stiff competition among the firms present in them and that none of them have a major chunk of market share in them. While on the other scenario where the value is close to 95 then we can say that one firm which is dominating the whole scenario. It can be called a monopolistic scenario. Lerner Index: This index value considers the market positioning of the firm. It talks about the pricing and measures the extent to which a given firm's prices exceed marginal costs. Basically it is measured as the difference between the price and the marginal cost of the goods and it is defined as One thing we need to understand is that a high index value does not indicate the firm's exercising market power. Prices may exceed marginal costs Gini Coefficient: One of the most famous indexes is the gini coefficient; it is termed as a measure of inequality of a distribution. It is defined as the ratio of areas on the Lorenz curve If the area between the line of perfect equality and Lorenz curve is M, and the area under the Lorenz curve is N, then we can say that the Gini coefficient is M/(M+N). we can say that this index is used as health inequality or finance related inequality metrics. It is termed between 0 and 1 where if it becomes 0 it is termed as perfect income or health equality. And 1 related to perfect inequality. A practical value usually lies in between them. Costs and Benefits of the Indices There are benefits and advantages of some of the indices and some issues with others. If we look at HHI index we can say that it is a costly proposition. It considers all the firms in one single industry and if suppose the industry has 10000 firms under its belt then taking the considerations of 10000

Tuesday, October 29, 2019

Religious Terms for Judaism, Mormonism, and Catholicism Essay Example for Free

Religious Terms for Judaism, Mormonism, and Catholicism Essay Once a person has truly, sincerely repented (which is done by asking God for forgiveness) due to their feelings of remorse, they are taught to put the sin behind them and not to dwell on it. Although it is also said that Brigham Young (1801- 1877), the second Mormon prophet,in the case of serious sins, it is the murder of the sinner and the literal mixing of his blood with the earth that results in forgiveness, which is also called blood atonement. (Quoted from a previous Mormon) Mormon views on contrition: â€Å"By being Mormons we are assured of salvation We believe that even if we are wrong about Mormonism, God will forgive us since we believed in Christ just like the Christians said we should. If we are right, and we know we are, then we will be together forever with our families as gods. Why should we want to be anything other than Mormons since we have all our bases covered?† Basically, although they apparently ask God for forgiveness due to their contrition that develops when they commit things they consider as a sin, Mormons don’t worry over the fact that they could be wrong since salvation is already assured when converting to Mormonism. Nevertheless, they still do believe that you should feel contrition when you commit a sin and should seek repentance/forgiveness from God. Mormon views on penance: Forgiveness is essential part of enjoying happiness in life; salvation. The aspects of forgiveness are repentance, prayer and forgive all who hurt. The Mormon Church rejects the concept of penance believing it has nothing to do with the penitence; turning away from sins. Mormon views on atonement: They believe that atonement of Jesus Christ makes it possible for us to receive forgiveness, which comes from genuine atonement; alleviating pain and guilt from past sins. It also brings comfort and joy. Mormon (the Church of Jesus Christ of Latter-day Saints) views on sorrow: The fourth concept I would like to stress is what the scriptures term â€Å"godly sorrow† for our sins. It is not uncommon to find men and women in the world who feel remorse for the things they do wrong. Sometimes this is because their actions cause them or loved ones great sorrow and misery. Sometimes their sorrow is caused because they are caught and punished for their actions. Such worldly feelings do not constitute â€Å"godly sorrow.† Godly sorrow is vividly portrayed in two places in scripture. In the final days of the Nephite nation, Mormon said of his people: â€Å"their sorrowing was not unto repentance, because of the goodness of God; but it was rather the sorrowing of the damned, because the Lord would not always suffer them to take happiness in sin. Mormon (the Church of Jesus Christ of Latter-day Saints) views on penitence: Penitence is one of the first principles of the gospel and is essential to our temporal and eternal happiness. It is much more than just acknowledging wrongdoings. It is a change of mind and heart that gives us a fresh view about God, about ourselves, and about the world. It includes turning away from sin and turning to God for forgiveness. It is motivated by love for God and the sincere desire to obey His commandments Mormon views on sin: Mormons believe that if we say that we have no sin, we deceive ourselves, and the truth is not in us; if we confess our sins, Jesus will forgive us of our sins; all people sin; Jesus Christ was the only sinless person ever to have lived on the Earth; through the Atonement of Jesus Christ, each person can repent and be forgiven of his sins. Mormon views on revenge: Mormon’s view of revenge is they should not seek revenge upon someone else even if they treated them badly. They view revenge as a sin. However, some Mormons believe that they should promote revenge. Catholic views on remorse: Remorse is a product of wishful-thinking and implies the wish to avoid sin; repentance implies the determined will to avoid it. Remorse is conditional; repentance is absolute. The remorseful would like to avoid sin if doing so did not entail so much effort and sacrifice, and if he had enough faith, hope and charity. Remorse is a keen sense of guilt over having done something wrong. It is self-reproach coupled with a certain degree of discouragement either to undo the wrong or, more rarely, of being forgiven. Catholic views on contrition: (Father John A. Hardon, SJ)- Contrition is the act or virtue of sorrow for ones sins. The virtue of contrition is a permanent disposition of soul. However, only an act of contrition is required for the remission of sin, whether with or without sacramental absolution. The act of contrition is a free decision involving a detestation of and grief for sins committed and also a determination not to sin again.. Concretely, it means the desire to regain the divine friendship, either lost or injured by sin. There must also be a determination not to sin again. Four qualities permeate a genuine act of contrition and affect all three constituents of the act, the detestation, the grief, and the determination not to sin again. A valid contrition is internal, supernatural, universal, and sovereign. Contrition is internal when it is sincere and proceeds from the will, when it is not the result of a mere passing mood or emotional experience. It is supernatural when inspired by actual grace and based on a motive accepted on faith. It is universal when the sorrow extends to all mortal sins, and for valid sacramental absolution there must be sorrow for whatever sins are confessed. It is finally sovereign if the sinner freely recognizes sin as the greatest of all evils and is willing to make amends accordingly. Catholic views on penance: Sacrament (signs of grace by Christ) which forgiveness of sins committed after baptism granted by priest; penance is the showing true sorrow confessions. Confession or tribunal to penance is when a person admits wrong doings to priest. Catholics believe the sacrament of penance because God’s grace can heal a wounded soul. After penance, priest gives penance to perform such as volunteer work, donations or say prayers. Catholic views on atonement: It is the reconciliation to God. It is forgiven sins through the death of Jesus Christ by crucifixion. It is a moral change where in the purpose for Jesus was to influence mankind morally. Catholic views on sorrow: The pain or distress experienced because of some adversity that is felt personally. The sorrow may be over a loss or misfortune for which a person feels guilty, as in the case of sin; or the sorrow may be totally vicarious, out of compassion for someone else. Essential to the notion of sorrow is that it refers to what has already happened and its painful effects are still experienced. Catholic views on penitance The state of being repentant for having sinned. It is therefore a disposition of soul, arising from a realization of ones sinfulness and includes the willingness to expiate the wrongdoing. The penitential act is the invitation by the priest at Mass, after the opening salutation, to have the congregation acknowledge their sinfulness. This is followed by the Appeal for Mercy, the Kyrie, unless the pleas for forgiveness were already included in the penitential act. Normally each invocation is sung (or said) twice, but there may be further repetitions and also brief text insertions (tropes) if the circumstances warrant such additions. The penitential chain is a metal chain, with sharp points piercing the flesh, worn around the waist, arms, or legs by certain religious men and women as a means of penance or mortification. Catholic view of sin: Augustine of Hippo (354-430) regarded sin as a word, deed or desire contrary to the eternal law. Sin is a deliberate transgression of a law of God, which identifies the four essentials of every sin. Sin is a transgression, since Catholicism holds that grace is resistible and the divine will can be disobeyed. And the transgression is deliverate, which means that a sin is committed whenever a person knows that something is contrary to the law of God and then freely does the action anyway. Catholic moral theology divides sin into two parts. Mortal (Deathly) sin is the most serious as it involves loss of sanctifying grace. A person who dies with unremitted mortal sin would be in danger of eternal separation from God in Hell. Venial (Pardonable) sin does not directly destroy the relationship with God. Rather, it weakens that relationship. Unremitted venial sins can affect the duration spent in Purgatory. Therefore the church encourages confession of these types of sins as well. Examples o f venial sins include selfishness, anger and jealousy. God is offended, so that the divine dimension is never absent from any sin. Catholic views on revenge: Catholics believe that you shouldn’t retaliate, seek revenge or to kill. You should love enemies, do good to those who hate, and bless those who persecute. Revenge is the act or intention of inflicting injury on someone, on ones own authority, to repay an offense committed. It is a manifestation of unjustifiable anger and is one of the most common human failings that take on a variety of forms, from a momentary silence or frown to defamation of character or physical violence. As a form of sinful anger, it is an unruly desire for vengeance. The desire is immoderate if a person wants the undeserving to be punished, or the guilty to be punished excessively, or the punishment to be meted out in an unlawful manner or in order to vent ones own spite. Judaism views on remorse: According to Gates of Repentance, a standard work of Jewish ethics written by Rabbi Rabbenu Yonah of Gerona, if someone commits a sin, a forbidden act, he can be forgiven for that sin if he performs teshuva. The first step one must take in teshuva is to feel remorse for the sin you have committed. In other words, you have to acknowledge the sin and sincerely regret doing it. The remorseful would like to undo his sin, but he has not the requisite determination to remove the occasions of sin and surmount the obstacles to reform. Judaism views on contrition: Contrition admits neither ifs nor buts, and does not recognize the sacrosanctity of ruts. (Quoted from Rabbi David Rosen)- Above all, contrition and compassion are the indispensable coefficients of all rituals of forgiveness, whether they be expiatory sacrifices (Lev. 5:5-6 ; 16:21 ; Num. 5:6-7) or litanies for fasting (Joel 2:12-14 ; I Sam. 7:5-6). At the same time, inner contrition must be followed by outward acts; remorse must be translated into deeds. Judaism views on penance: Judaism doesn’t recognize penance as necessary in process of sin; repentance. Rabbis don’t prescribe penance, but spiritual discipline in presence if sin. Judaism views on atonement: It is the process of a crime committed to be forgiven; pardoned. Atonement is achieved by repentance, confession, service, and Yom Kippur (Day of Atonement), which is a period of fasting or prayer. Atonement of Judaism is â€Å"deflect the soul†; atone sins of past years. Judaism views on sorrow: We view these painful sufferings as part of our Redemptive process. It is regarding these troubles that the verse states, â€Å"It is a time of tribulation for Jacob, from which he will be delivered†-from the trouble itself will come the salvation. We are imbued with faith in the G-d of Israel, Who promised Abraham, â€Å"To your descendants I have given this Land, from the Egyptian river up to the great river, the Perat River. We have eternal trust in the G-d of Israel, Who promised Jacob, â€Å"The Land on which you lie I will give to you and to your descendants.† The Word of the G-d of Israel will Together with the sorrow we feel over the tearing asunder of Eretz Yisrael, we also feel joy in our hearts on the continuing process of the Ingathering of the Exiles, over the building up of the Land of Israel and Jerusalem. The people continue to stream back to their Land, and the Land returns to its children. The Torah returns to Eretz Yisrael, and the people return to their origins, their foundations. The People that was â€Å"scattered and separated among the nations,† is now becoming re-united at home, in Eretz Yisrael. True, this joining of the various parts of the nation is somewhat painful at times, as in a life-saving operation, but this pain is an integral part of the regrouping the â€Å"dry bones† into one body. Judaism views on penitence: The conventional view of penitence sees it as an effort to redress a particular transgression in the area of mans relationship with God or to his fellow man. For Rabbi Kook, penitence is the surge of the soul for perfection, to rise above the limitations imposed by the finitude of existence. It is a reach for reunion with God from whom all creation has been separated by the descent to a particular incarnation of earthly existence. Penitence, in other words, is only one aspect of the drama of human life on its eternal return to the Divine, from whom it has descended. Judaism views on sin: Jews believe that there are three kinds of sin. There are three kinds of sin in Judaism: sins against God, sins against another person, and sins against you. According to Jewish beliefs, a person sins when he or she sins they simply missed the mark. Judaism views on revenge: Jews consider revenge differently from Christians. They view on forgiveness vs. justice. If a crime has been committed, it is just to punish the criminal for the greater good and safety of the community. Also, forgiveness should not be granted for serious injury unless the offender has repented and asked forgiveness from his/her victim, and even then some crimes such as murder are deemed by the Torah unforgivable due to the irrevocable nature of the act

Sunday, October 27, 2019

Marketing planning

Marketing planning Introduction : This assignment is submitted in partial fulfilment of the marketing planning unit. I have been asked to conduct macro-environmental and micro environmental marketing audit to identify the current and key issues facing the organization I propose to launch a Fabindia store in Milan, Italy. The report outlines reasons for undertaking the audit and appraises the processes, models and techniques used for the audit. It also assesses the external and internal marketing environment for the organisation and summarises the impact of this analysis for the organisations marketing plan and marketing mix. Finally have proposed a marketing plan details about how it can be executed. 1.About Fabindia: 1.1 History: The first Fabindia outlet was set up in 1961 by John Bissell to provide a platform for traditional artisans and printers to market their produce to showcase diverse craft traditions of India. 1.2 Current Philosophy: Eco-friendly, ethical hand crafted Indian products. Mission: Traditional, ethnic products creating sustainable employment for craftsmen and artisans in rural India. 1.3 Current Target Audience: Retail- Age Group: Not specific Sex: Male Female Economic Class: Upper and higher middle class. Geographical Places: Metros, tier 2 tier 3 cities. Institutional Buyers: Heritage hotels, resorts corporate houses. 1.4 Current Product Range: Garments for men and women, Accessories, Home Linen and Furnishings, Home Products, Floor Coverings, Body Care Products and more recently, Organic Food Products and ethnic jewellery. 1.5 Timeline of its stores: 1976 1st retail outlet, New Delhi. By 2001 6 stores concentrated in the metro cities. By the end of 2004 20 stores. By the end of 2007 75 retail stores across India and in addition, stores in Dubai, Rome and Guangzhou in China. By 2008 99 stores. By 2009 108 stores. By 2011 Target of having 250 stores. Fabindia: Retail Snapshot 108 stores across 40 cities 6 stores abroad. Dubai, UAE, Bahrain (three stores), Doha, Qatar and in Rome, Italy. Online Shopping Exports to 34 countries 1.6 Sales Revenue: 2000-01 : Turnover of 36 crore rupees 2005-06 : Turnover of Rs 130 crore. 2007-08 : Revenue of Rs 257 crore 2008-2009 : Revenue of Rs 300 crore. but growth more than halved to 17% from 40% in 2007-08. By 2011: Target turnover Rs 1000 crore. 1.7 Future Plans: Leveraging the Organic Products section, childrens market. Expand nationally internationally. 100,000 shareholders and five-fold increase in skilled jobs in the rural sector. Reduce the number of defects in the products to a minimal which include bleeding of colours, shrinkage etc. 2. Internal Audit: 2.1 SWOT Analysis: S T R E N G T H S Differentiable products, Diverse product mix, International appeal, Eco-friendly, ethical, natural stylish, Showcases diverse Indian craft traditions contemporary styles, Creates employment for craftsmen in rural India, Different categories of stores, Products all age groups variety of economic strata, Constant development innovations product line, Partnering suppliers sourcing from 21 states across India, Big distribution network, In-house manufacturing, Customer Loyalty, Manifold growth of most artisan suppliers linked exclusively to Fabindia. No awareness about the brand, Limited channels of business, Sourcing strategy skewed towards suppliers, Competition from brands having similar product range, Inconsistent quality of products. W E A K N E S S E S T H R E A T S Time-lines and Delivery schedules dependent on too many variables, Monitoring and Supervision contemporarising and bench marking of traditional skills based products, Building Capacity time and resource intensive, Not in touch with Fashion Trends, Competition from leading Italian brands stores. In store merchandising, Promoting e-business channel, Interactive website for customized designing Organic foods market, Customer acquisition Strategies, Growth in demand : eco-friendly products, Growing interest Indian culture, handicrafts textiles, Milan host for 1 of worlds most prestigious furniture and design fairs. Milan one of worlds major financial business centres, Worlds 26th richest city by purchasing power. O P P O R T U N I T I E S 3. External Audit: 3.1 PESTEL Analysis: Political: Change in implementation of rules regulations with introduction of new government. Eg No foreign collaborations, no foreign goods and products coming in the Italian market. Changes in policies by existing Indian government. Refer RESEARCH final.doc5.1.1 Economical: Changes due to economical descend. Eg. Reduction in employment rate purchasing power of people, resulting in low sales. Social: Social acceptance towards certain colors might vary according to different cultures and stratas of society. Eg: Products in bright colors which are popular in India is not socially accepted in Milan. Refer RESEARCH final.doc5.1.3 Technological: Utilizing technology infrastructure of international standards. Eg. CRM software implemented in stores will help in maintaining centralized database. This will help Fabindia in retaining customers by building lasting relationships improving Loyalty. Environmental: Material used for making products not approved allowed by Italian Government. Eg. If products are found to be made of materials hazardous to the environment the Italian government can take strict actions against the company under the Environmental Protection Law. Refer Legal: Difference in manufacturing standards , process , trading etc. Eg. Conformity to European standards and CE marking. Taxes for businesses in Italy. Refer RESEARCH final.doc5.1.6 3.2 Impact of Porters 5 Forces : Threat of Subsitutes: There should not be threat of substitute to the products of Fabindia since they are eco-friendly organic products which have replaced the ordinary conventional products are in huge demand. Market Segmentation: 4. Market Segmentation : Age Group: All age groups. Sex: Male Female Economic Class: Not specific Geographical Place: Milan, Italy. Fabindia intends to continue expanding internationally currently 6 stores abroad. Milan very important city in Italy one of worlds major financial business centres. Main goal of Fabindia to promote vast diverse craft traditions of India. Since there is a growing interest among Europeans about Indian handcrafted products, Indian textiles, art cultures, Fabindia holds lot of potential in European market. Fabindia very ethical eco-friendly company which supports many causes Europeans like being part of such endeavours. Fabindia does not target any specific age group or any specific economic strata, has something for every one. Fiera Milano citys ExhibitionCenter and Trade Fair complex is one of most important in the world Milan is one of fashion capitals of the world. Fabindia wants to increase its global reach, since lot of international buyers visit Milan, it can prove to be great opportunity for it. The employment rate in Milanis 95-96% therefore the spending power of people is very high. Thus opening a store at Milan should prove to be beneficial. 5. Proposed Marketing Mix: Execution: They should carry out extensive market research, study kind of products established stores are selling. Meetings with designers artisans can be conducted designers give inputs on current market trends and emerging designs to weavers brainstorm innovative techniques. They can design stylish products emphasizing on Indian craftsmanship explore rich Indian fabrics with numerous surface ornamentation techniques. Range will be exclusively designed for the Milan market. They can take customer feedback through their online website know preferences of their customers design accordingly. Product range fine combinations of Indian aesthetics and western design sensibility. Farmers will supply Fabindia with organic varieties from places like Himachal Pradesh, Punjab, Coorg, Tamil Nadu. They believe giving farmers fair price for their produce, and supplying very highest quality food to their customers. 5.2 Price: Products different price ranges. Products will be affordable, will give ‘value for money. It hasexpanded its range- to provide something for all its customers. Execution: Type of Products PriceRange ( Euros) Textile-based product range 5-15 Home Products range 20-300 Fabindia Organics 3 onwards Fabindia Sana 3-30 5.3 Place : Fabindia should be strategically located at Sesto San Giovanni full of commerce, restaurants, hotels, malls, rail station, red line of Metro. Brand Zara home is located there Habitat is near by. 2 eco hotels Hotel la Residenza Via Scialoia or Hotel Ariston, Galeria del Corso near Sesto San Giovanni can be considered. Piazza del Duomo is also very good location which attracts lot of people boutiques, bookstores big stores to indulge in elegant and cultural shopping. They can haveconcept stores or premium stores located in famous historical landmarks and renowned big heritage for convenience of potential buyer and creation of overall awareness. Execution: With help of Search Office Space (SOS), can find appropriate place. FREE Service They are paid by advertisers. Impartial Advice Their mission is to find space that meets YOUR requirements. They provide with tailor made options that match your specifications. They take care of entire search show options, help create a shortlist, arrange for you to view space, compare prices, make your final selection and arrange your move-in date. 5.4 Promotion: Promoting its products, mostly through posters, word of mouth and events. Placing ads in local newspapers about ongoing events organized in store to increase awareness about store locations, usinglot of in-store posters to create consumer awareness about products and rural suppliers etc., putting up hoardings, creating awareness social causes which they represent associate with, promote through website. Execution: GlobalCom PR-Network is worldwide group of full service PR and Marketing Communications agencies. It more than 40 partners and affiliated agencies cover all member states of European Union. Their strength is their local expertise in all European market. Portfolio includes: Public Analyst Relations Marketing Communications Online Marketing Market Research Media Training By engaging professional PR agency conversant with Italian Market environment, different strategies can be devised to promote store. 5.5 Process : It believes: â€Å"Delighted Customer is our Best BrandAmbassador†. It should focus on customer retention build loyal customer base. Execution: It should implement CRM software aims to help maintain centralized database to keep records of customers, details about past purchases, preferences or by having Value Customer Card gives history customer details each time, card is swiped. They should have interactive events for customers with design team, customers can get style tips, Feedback sessions between Fabindia designers customers loyal customers can be given certain privileges get special invites to events organized by Fabindia like exhibitions, concerts. will help it in retaining customers improving loyalty. 5.6 Physical Evidence: By endorsing and sponsoring events- creative communication tools innovative activities attract customers gaining maximum publicity possible. Execution: Having in store posters to create consumer awareness about dyes used in products, products and where they come from, i.e. rural suppliers Having dà ©cor and layouts highlight traditional and natural focus, having catalogues giving details current merchandise, LCD screens playing how artisans work manufacture, brochures informing Fabindia events lined up, Indianised eco-friendly stylish carry bags with personalized thank you cards, leaflets informing causes Fabindia supports eco-friendly practices it follows. 5.7 People: People working with and for Fabindia representatives of Fabindia. They should be aware of all its products, be knowledgable, friendly, helpful, attentive, speak lot of languages and develop good customer relations. Store personnel encouraged to wear clothes that reflect Fabindia ethos of traditional and natural look. Execution: Fabindia should register on website of recruiting agency help it to find its potential employees. Fabindia should train people with required knowledge and customer service. People working in store can attend regular training programmes. 6. Ansoffs Grrowth Strategy: 6.1 MARKETING STRATEGY FOR FABINDIA MILAN USING ANSOFFS GRID Milan potential market with growing interest among Europeans about Indian handcrafted products, Indian textiles cultures Fiera Milano citys Exhibition Center one of most important in world visited by manyinternational buyers, great opportunity for Fabindia help increase global reach. Fabindia very ethical eco-friendly company, supports many causes Europeans like being part of such endeavours. Currently Fabindia store in Rome, Italy has been doing well. Fabindia expand internationally to create brand awareness in new place, to launch itself in different parts it should use Market Development Strategy . Fabindia very popular for its fashion apparels mostly made of homespun cotton. But one cannot wear cotton due to climatic conditions in Milan. The colors of Fabindia products mostly very colourful, but due to gloomy weather in Milan larger population prefer pastels mid tones of all colors summers and winters black n brown rules. Milan fashion capital houses leading brands, famous for their innovative designs. It is important for Fabindia to have its merchandise designed their range planned as per market in Milan I strongly suggest Product Development Strategy. EXECUTION Core values of Fabindia to provide quality natural products, reflect the unique Indian culture hence Isuggeststore can be located infamous historical landmark have layouts highlight traditional and natural focus. Store showcases rich legacy of Indias traditional weavers, offering wide array of styles contemporary and sophisticated, must create distinct image location must be chosen with utmost care. Fabindia very ethical eco-friendly brand Ariston hotel first ecological hotel of Italy- perfect place for exclusive Fabindia store. Ariston hotel situated in heart of Milan, 500 metres from the Duomo, monuments ,few steps from Via Torino shopping area. With privileged position compared to other 3-star, near Piazza del Duomo andsubwaystops(to New Fair). Very well serviced bytram, bus. Very strategic location connected to all important places renowned museums, monuments famous shopping streets, restaurants, pizzerias movie theaters near the Duomo awareness could be created through advertising physical evidences. Since new market no awareness, needs to carry out lot of promotional activities. Can organize events like authentic Indian food festivals, , interactive workshops with Indian designers, showcasing the rich Indian culture. Fabindia associated with social causes, create awareness about involvement and brand.  · Can organize social events , sponsorships, advertise in magazines, hoardings, posters to create consumer awareness,Know what you wear Workshop. Makes customers more aware of work put in for their fabric and helps them with association with brand FabIndia. Lot of competition leading established brands in Milan selling similar products.They need to create distinct image come up product range exclusively for Milan after doing a detailed market research, products with innovative ecofriendly stylish designs with Indianised touch. Lot of importance laid on aesthetic appeal good quality. Should focus on customer retention work on strategies to build a loyal customer base. These are my recommendations for launching Fabindia in Milan. Feedback Mechanism: Mystery Shopper Program: In mystery shopper program, person hired by management goes to every store and shops there and then give feedback according to customer perspective. Store people never come to know or suspect anyone whether he is a mystery shopper or not. Detailed feedback is given to every individual shop. It consists of minute details signages outside, restrooms, behavior of staff. So it serves as a tool to provide better customer satisfaction. Feedback registers Feedback questionnaire to be filled on the website: Customer feedback by maintaining visitors register to record customer views or through questionnaires filled online. Store managers can prepare report, periodically reviewed by Product Selection Committee to know about buying pattern among consumers. CRM software Value Customer Card: CRM software can be implemented to maintain centralized database to keep customer record details or by having the Value Customer Card history details of customer each time, card is swiped. Can get to know fast slow moving products, popular styles can accordingly do range planning. Can have meeting every month to review performance discuss measures to be taken to improve sales increase consumer satisfaction.

Friday, October 25, 2019

Interview With an Elderly Person Essay -- social issues, illness, depr

Aging and being old was dominated by negative characteristics and conditions such as illness, depression, and isolation for a long time (Eibach, Mock, & Courtney, 2010). At first glance the terms â€Å"success† and â€Å"aging† seem to be in conflict to each other. When asking people about aging, their answers have many facets that are also found in psychological definitions: successful aging is seen as health, maturity and personal growth, self-acceptance, happiness, generativity, coping, and acceptance of age-related limitations. In the psychological sense successful aging is also often seen as the absence of age-associated characteristics (Strawbridge, Wallhagen, & Cohen, 2002). It seems that successful aging means is not aging. Methods I interviewed my 92 year old neighbor who, I believe, presents a case of successful aging. As far as I can tell, she has not experienced many limitations due to age. She is spirited, active, and bright. Other neighbors tell me that she has been somewhat physically restrained in the recent past, and she has been using a walker more frequently, but she seems to be fine with that. She grew up in Germany, a country that is very close to the United States in regards to how people view aging. According to McConatha, Schnell, Volkwein, Riley, and Leach (2003), Germans, compared to US Americans, view aging a somewhat more negatively. They are often more pessimistic about the likelihood of finding contentment in old age and generally do not expect to feel good when they are older. To my surprise, my aunts views about aging were very positive. The Interview Questions The following interview was held on the 1st of March 2014 over the phone. I asked my aunt a few questions and gave her the reason... ...velopment. Boston, MA: Allyn & Bacon. McConatha, J. T., Schnell, F., Volkwein, K., Riley, L., & Leach, E. (2003). Attitudes toward aging: a comparative analysis of young adults from the United States and Germany. International Journal Of Aging & Human Development, 57(3), 203–215. Ong, A. D., Bergeman, C. S., Bisconti, T. L., & Wallace, K. A. (2006). Psychological resilience, positive emotions, and successful adaptation to stress in later life. Journal of Personality and Social Psychology, 91(4), 730. Quoidbach, J., Gilbert, D. T., & Wilson, T. D. (2013). The end of history illusion. Science, 339(6115), 96–98. Rowe, J. W., & Kahn, R. L. (1997). Successful aging. The Gerontologist, 37(4), 433–40. Strawbridge, W. J., Wallhagen, M. I., & Cohen, R. D. (2002). Successful aging and well-being: Self-rated compared with Rowe and Kahn. The Gerontologist, 42(6), 727–33.

Thursday, October 24, 2019

Social Networking Is Bad for Teens

Imagine this: A utopian society that doesn’t have the dangers of cyber bullies or cyber bullying. No more headlines or news articles talking about the girl who killed herself because she was cyber bullied on a social networking site. In a society where you can relax and relinquish those thoughts at the back of your mind about what people think about you over that social networking site. Unfortunately, that’s fantasy, because teens are always using these sites, which can lead to a danger little by little every day.For those teens that abundantly use social networking sites, you may think it gives you jubilance and entertainment, but social networking sites are much worse than you think. Social networking is terrible for teenagers because it is distracting, it often leads to miscommunications and misunderstandings, and it is dangerous. To begin with, social networking is terrible because it is distracting to teenagers. Some teens that have homework to do are sometimes hoa rding the computer, social networking instead of doing their homework.When their parents would tell them to do their homework, they’ll say they’ll get to it. Do you think they were actually listening while commenting on their friend’s picture on Facebook? They were probably not. This distracting â€Å"obsession† can also have an effect on their English grammar. Some English teachers are disappointed to see some students use the â€Å"chat language†, which is commonly used in social networking sites. This includes: lol, btw, brb, ttyl, l8r, etc. Social networking can also lead to the loss of focus in school.According to News Today News, â€Å"[N]early half of the five hundred teachers surveyed believe that this [obsession] affects children’s ability to concentrate in class and follow the lessons. † Students can be distracted during a lesson, thinking about that person they sent a friend request to, or if anyone commented on their newly uploaded picture. This â€Å"obsession† about social networking is distracting to teens, and is preventing them to from getting back on track in school. Not only is social networking terrible because it is distracting, but it can also cause miscommunications and misunderstandings.Now imagine you have your birthday party coming up and you invite your new friend. The problem is that your new friend doesn’t know where your house is. Through Twitter, you give directions to your house. Your big day is here, and an hour later, your friend still didn’t show up. Eventually, you find out that she ended up somewhere else from the directions that were written in a kind of â€Å"chat language† that she couldn’t understand. The next thing you know is that you’re in a fight with your friend over a miscommunication through a social networking site.Fights commonly occur between teens through a miscommunication or a misunderstanding from a social networking site. Another conflict that could result in a fight is if you post a comment or upload a picture on a social networking site, and your friend takes it for something else and finds it offending. Maybe you were just trying to be sardonic, but that’s not how your friend saw it. One of the most common results for this misunderstanding is a fight between the two. There are so many miscommunications and misunderstandings that happen every day because of social networking sites.Besides social networking being terrible because of the many miscommunications and misunderstandings it causes, it can be terrible because it is very dangerous. The dangers of a social networking site can start with sending a friend request to someone that you don’t know. All you know is what’s written on their profile, but could all of that be true? Maybe they say they’re around your age and live near you, and you think they could be fun to hang out with. The reality is that they could be an ominous serial killer who’s three times your age, lives on the other side of the country, and is trying to track you down.That person can do this if you put too much information on your profile and make it public for everyone to see. On a social networking site, anyone can find you, if it’s either a family member or a complete stranger. Another danger is the dangers of cyber bullying. Very easily, someone at your school can post a comment about something embarrassing that happened to you for everyone to see. Once you know that everyone knows about that embarrassing incident, you don’t want to show your face anywhere anymore, and you just can’t go on. This can lead to suicidal thoughts, which is the dangerous part.Just because someone said something about you, it doesn’t mean that you should end everything right there. Still, many teens do try to end their life because of what people are saying about them through a social networking site, and they just can’t take in all of the bullying and cyber bullying from that. Social networking sites come in a package deal: either you get it with accepting all the dangers, or you don’t get it at all. Social networking is a big problem in our modern-day society, but there can be a solution to that. The problem is that many teens don’t try.That’s why social networking is terrible for teenagers; it is a distraction that they can’t get away from, it can cause miscommunications and misunderstandings that can’t be fixed because some teens don’t know how to deal with their feelings, and it has so many dangers that teens don’t know how to react to. There could be many ways to end the negative side of social networking, but many people don’t try. To those who abundantly use social networking sites, now is the time to face the facts. Try to put an end to the distractions, the miscommunications and misunderstandings, and the danger s.

Tuesday, October 22, 2019

The Evolution of Chil Custody Arrangements Essays

The Evolution of Chil Custody Arrangements Essays The Evolution of Chil Custody Arrangements Essay The Evolution of Chil Custody Arrangements Essay The Evolution of Child Custody Arrangements Heather Gibson Southern New Hampshire University When a family splits, separates, divorces or a child is born out of wed lock for whatever reason one of the most difficult decisions to make are custody arrangements. Over the years the government has shifted its views from the child’s mother being the best fir for primary custody to â€Å"the best interest† of the child. What’s in the best interest of the child consists of both tangible and non-tangible things. The necessities include the ability to provide food, shelter and a a safe environment are important but also the stability of the parent psychologically and their mental health also begins to become part of the importance to the child. The person who has legal custody over a child is the person who makes import decisions in the child’s life. The determination of who should have custody in a child custody battle has become highly problematic over the years. Maternal preference was given as the best fit for the child. The mother was deemed more nurturing and caring as a parent. The United States held this idea for many years. In the world around them women were fighting for equal rights and in turn making men equal in the work force as well as a parent. The increase of divorces in the mid 1900’s and women going in the workforce led to the courts deciding what was in the best interest of the child rather than who was more motherly and nurturing. Another change that came about was the idea of joint custody, rather than sole custody. Today child custody can be as simple as two parents making the decision to share custody or on the opposite end the legal batter of who’s the better parent. Forensic psychologists help in informing the judge of who (unbiased) is the better parent or if joint custody would work out for the best interest of the child. They go through different competency evaluations, may visit the home or investigate further to determine custody. Although it seems women are still chosen as the better parent trend have shifted and men have a better chance at sole custody. Another evolution that has evolved is the familiarization of gay rights as parents. It is still unclear as it is emerging but it is food for thought.

Monday, October 21, 2019

Media Influence on Society (Smoking) Essays

Media Influence on Society (Smoking) Essays Media Influence on Society (Smoking) Essay Media Influence on Society (Smoking) Essay The mass media, some may argue that It Is for the common good, others say It Is all brainwash hyped up by publicity, who is the one at fault, or can they both be correct? Throughout the decades the media has grown exponentially with the advance of technology. It all started out with the telegraph, moved to the radio, newspapers, magazines, television and now the World Wide Web. Today people live in a social community, between testing, Faceable, Twitter, TV, Magazines, or newspapers, people are always being informed of what is going on. Oh a day to day axis, people base their decisions off of knowledge, experience, values, and attitudes. When people work, they base what they do off of what they have learned from their experience and studies. However in their daily lives, they rely on the mass media to fill them in with current news and what they want to be aware of. People put their trust into todays media, but the media does have a positive and negative affect on the way people are channeling the Information being dealt. A way that the mass media Is positive has to be looked at from a technologies way of view. Technology helps reduce the distance for its users; the world would Just me to be smaller due to the increased communication and access information. Staying connected also helps people stay In tuned with that Is going on In the world. Getting news feed sent directly to smartness, laptops, and Pads Is Just an everyday occurrence. Cinema, radio, television, magazines are a school of inattention: people look without seeing, listen in without hearing (Robert Browser). Even Browser would have to agree that people do not even realize that they are being flooded by the mass media. The mass media makes billions on the commercials, ads, and publicity that people are exposed to. People buy what they might think is a good item based on what they see or hear TV, the radio, magazine, or newspaper ads. How can people be so sure that what they are buying Is the best available Item, or Is It the best available Item that the media dons upon them? These are the effect that the media has on teens, they buy what they see the hottest celebrities wearing, or what their favorite actor or singer is selling. Apparently there are some positive and negative influences on teens. In a negative type of way, teens may see the commercials for cigarettes, cigars, and alcohol as being cool and acceptable. This might give them an excuse to give drugs a try and might even leave a permanent habit that they can carry onto their children. Besides the obvious fact of tobacco and alcoholic products being a negative Influence on teens, fast food chains are also polluting the minds of the young, developing teens. McDonalds showing their annual commercial for the Micro, or Taco Bell advertising their value menu will call out to kids seeing that these foods are cheap and delicious but not knowing that they are filled with saturated fats, trans fats, and high sodium content may lead to obesity, high blood pressure, high holster, or diabetes If eaten excessively. Joe Kelly from PBS says, Theyre talking to pre-pubescent girls about managing their calorie intake!! With Campbell soup, of all things an All-American family company. This is crazy! I saw the ad on the Rosier ODonnell snow. Overall AT our memoirs saw It Ana sent me e-mails saying, Have you seen this ad, its crazy (Kelly). Along with obesity, society puts this image in teens heads on how they should look, having bulging biceps and a cut 6-pack maybe the ideal body for guys but it may not work out for all males, and achieving that type of body takes a lot or training and dedication. Being stick thin as a girl may also be as unhealthy or ma ybe even unhealthier than obesity. Anorexia is also a chance when young girls are starving themselves trying to fit into a 00, and looking like a Victorians Secret model. On the other hand the media does have a positive effect on teens. Some might think that the media has negative influences on society, there are certain shows and ads that persuade teens to be a better them. Today we are beginning to notice that the new media are not Just mechanical gimmicks for creating worlds of illusion, but new languages with new and unique powers of expression Marshall Mclean). When Mclean says this, he is acknowledging that the media has an influence in society by changing society for the greater good and potentially evolving humans to be smarter. When it comes to shows like The Biggest Loser or Extreme Home Makeover, they provide a great influence on kids to get out there and make a change, whether it is losing some excess weight to get down to a healthy more comfortable size that they are not so self-conscious about, or doing some volunteer work in their community to change someone elses life in a positive way. Also teens are at a stage in their life where they do not quite know who they are and area looking for a sign of acceptance. They want to be accepted by their parents, role models, peers, and they Just want to be loved and successful. The media creates this ideal image that teens want to match, kids see fancy cars, nice houses, and extravagant parties and the only thing on their mind is, l want to be Just like them, or l wish I had that kind of money. In a way, the media pushes kids to achieve success, by getting a better education and really trying in school to be that lawyer, or hat film director, or that brain surgeon. In my opinion, even though the media has positive influences on our society it is masked by the mass majority of negativity. Some young minds are intellectual enough to see around the publicity and propaganda, but to others that are brainwashed, it may be hard to see what is real and what the media wants to be seen as real. When William Branch said, All of us who professionally use the mass media are the shapers of society. We can vulgarize that society. We can brutalize it. Or we can help lift it onto a higher level (William Branch). He is stating that people can either take the media for being good or bad, and how people interpret that and use it in their everyday life is all on them. When it comes down to reality shows like Laguna Beach, Gossip Girls, or The Hills; the mass media puts off teenage life as being this rich and spoiled but when in reality, these kids are Just one in a million that have overly wealthy parents. These shows teach kids the value of quality over quantity, but not in any kind of realistic way. When kids watch these shows, they want what all the kids have on TV, they want the $140 pair of Arabian sunglasses, rather than the $6. 99 pair they can pick at Target across the street. Another value that kids are learning from the media is violence. The effects of violence in the media can be traumatic for growing children that are in the process of shaping their personality traits, values, and beliefs. In the past years, there have been incidents of school shootings and playground violence and those events have Eden lanker to excessive use AT violent peeve games Ana grapnel war Images. I neuron video games like Call of Duty, kids are thinking that war is a form of entertainment, UT in reality war is a serious issue that should not be taken lightly. Over all, whether some may think that the mass media may either be a good thing or bad influence, the public can come to a mutual agreement that the world would not be the same without the mass media. People use the media on a daily basis, keeping in tune to what is going on is important, whether it is something less important like what Lad Gaga wore to the Grammas, to the latest earthquake that struck California. Malcolm X once said, The medias the most powerful entity on earth. They have the power to make the innocent guilty and to make the guilty innocent, and thats power. Because they control the minds of the masses (Malcolm X). Even though the mass media is linked to spreading hyped up fake news like a wildfire, but on the safe side, it helps a lot to inform people about the realities as well. Media has a constructive role to play for the society. The media focuses on social issues in almost every era. Issues in society are always raised in order to provide Justice to the people. Being born and raised in LA and having an older sister that I was pretty much attached to the hip at, I felt like I was always into self-image and always wanting the est. of the best things. I was spoiled as a kid and into my preteen age by my sister, she always seemed to buy me brand named clothing when honestly, I Just wanted something comfortable. I think the psychology term of Nature vs.. Nurture really came into play here. The whole idea of Nature vs.. Nurture is that we are all born with a set personality, this is who we are and this will never really change, that is our nature side. Our nurture side is how we were raised, the different things that our parents tell us to do or not to do mold our nature side and ultimately makes us who we are today. I think my nature was really about sports and I was nurtured into fashion and other material goods. I feel like the media has had an exponential influence on my sister, who was my role model growing up, and that really made me who I am today. Like I said before, I am no better than anyone else, I look up to the media for guidance because I feel like I would be lost without it, but I think it is good that I can admit up to that and can see clearly how the mass media influences me. The wrong is the fact that society today believes that whatever is in the media is socially acceptable to the common populous. When these beliefs revolve around bad influential things then children grow up believing that these are all acceptable and just the way the world really is. It is harmful for the future of our societies and also spread ignorance around the world. We have to realize that although sex, pain and suffering makes for a good story, it should be taken as it is, very bad, and not be glorified in any way. There should be limitations to freedom of speech as some things people can get away with are utterly disgusting. Look at Camel cigarettes, the image here is their Marci Grass Limited Edition flavored packs.

Sunday, October 20, 2019

Rely on Our Expert Service for Assignment Crafting Help

Rely on Our Expert Service for Assignment Crafting Help Has your professor assigned you with a paper, and you’re wondering â€Å"what is a health essay?† If you’re a student taking dentistry, pharmacy, nursing, alternative medicine, nutrition, psychology, social care, or any other healthcare-related course, there is a high probability that you will be creating health-related essays every once in a while. Furthermore, students taking other unrelated courses could be expected to craft a health paper at one point in their academic life. Therefore, you must be familiar with the rules of crafting such a paper. Modern medicine has come up with a lot of varying innovations and solutions for a lot of diseases. Still, we have more than enough cases where there are a lot of contradictions, or they are far too complicated. Such cases could include euthanasia, cancer, mental illnesses, congenital disabilities, difficult disability cases, etc. That’s just the reality despite the high tech that has revolutionized this indust ry. So, rest assured that at one point, you’ll be tasked with the responsibility of handling such a topic. If you need professional assistance handing this, then you’ve come to the right place. Our service is in the business of creating essays for students just like you. So, reach out if you need help. Also, we will provide you with a guide on how to write a health essay step by step that way you’re aware of what is expected of you. The Guideline on How to Write a Health Essay In most cases, the beginning is never easy. Even the most competent writer feels a sensation of doubtfulness and fear when he/she is tasked with crafting a paper. The most important thing to note is that you don’t have to be perfect or proficient in doing this. You just need to learn the necessary skills and start the crafting process. Just like creating any other type of academic paper, writing a health essay follows a specific pattern, it needs time for preparation, it is complicated, and you need to begin as soon as you can. The earlier you start thinking about the topic and the titles, the more time you’ll have to come up with the material. If you’ve been told to handle a particular topic, then you get right to it and start researching. However, if you don’t have a specific topic that you’re handling, you will have to think of several ideas and choose the most interesting and relevant topic to handle. To start with, it is important that you outline everything that you’re aware of on your paper. Such a technique will give you several ideas; that way, going about crafting your essay will be easy. You can create a draft and come up with a preliminary list of questions. As you start to study various material, you will be able to answer all these questions. The Process of How to Start a Health Essay You must be knowledgeable about how to begin a health essay. As stated above, starting means that you already need to have in mind the topic that you’re handling. Once you have come up with an appropriate and interesting topic, then you can embark on conducting research. There are very many research sources online. However, not all of them can be used for your papers. Make sure that you’re aware of the most relevant sources for your paper. Besides, for these papers, it is important to make use of the most recent research sources. Once you’ve decided on the sources, then you can start crafting your paper. It is important to note that there is a specific structure of a health essay. It opens with an introduction which will contain several commentaries to your essay’s topic- probably basic definitions of concepts or description of the meaning of the question. Besides, in this area, you need to list all the aspects of the topic that have to be considered. The main body has to use illustrations and examples to reveal every argument. Make sure to divide your information logically by partitioning your content in paragraphs. Also, analyse the structure of your paper and ensure that the main body leads to your conclusion in a logical sense. Finally, the conclusion will summarize all the ideas that you have expressed. Answer all the topic questions and point out opinions, as well as the consequences of the presented problem. Important Tips for Writing a Health Essay You can put the following tips into mind if you need to know how to write a good health essay: Take time to choose a topic- There are very many topics in health to choose from. Whether you’re writing argumentative, descriptive, or persuasive essays, there are tons of topics you can choose from, especially considering how wide this discipline is. Spend ample time to identify what topic you want to write The topic has to excite you that way you find it easy to write about. Still, ensure that you can find information on it- a topic may be interesting but have little details. Go through your work- you need to go through your work several times to ensure that it is grammatically correct and has been properly structured. Besides, check your work for plagiarism. Ensure that your content is 100% unique. Organize your working process- it is important that you not only prepare your time carefully, but you should also outline your paper beforehand. Also, follow all the guidelines regarding structure. Alternatively, you can check the samples on similar topics and see how they have been written. Start preparing in advance- You need to decide how and what you intend to cover early on. Do not wait until the last minute to start. This will help you write a focused and consistent research paper, as well as spend less time to edit your paper later. Order Now for Professional and Timely Help Do you still need help despite our detailed guide on how to make a health essay? No need to worry. We got your back. Order now, and a proficient writer from our team will work on your paper, while you handle the rest of your responsibilities.

Saturday, October 19, 2019

Human Resources Management Assignment Example | Topics and Well Written Essays - 1250 words

Human Resources Management - Assignment Example This approach of managing the employees with the formation of definite strategies is known as strategic HRM. In other words, the strategic management of human resources implies the supervision and administration of employees according to the present and future objectives of the organization. It’s concerned with long term issues of the employees and it deals with the various macro elements of the organization that includes values, culture, structure, future needs, quality management, knowledge management and human resource development. It has a narrow objective of providing direction to the functions of the management in a chaotic environment, so that it can meet the individual needs and the collective needs of the staff through the application of suitable HR policies. The meaning of strategic human resource management implies: Use of planning A rational approach to the management and design of personnel management which is based on policies and strategies prepared in accordanc e with the philosophy of the organization. ... Figure 3.2 represents the Harvard approach while Figure 3.3 represents the Michigan approach. The Harvard approach is broader in comparison to the Michigan approach. Harvard approach deals with a situational perspective and takes into consideration the interest of the stakeholders in internal and external environment. This model doesn’t only emphasize on the performance but also pays attention towards individual and social well being. On the other hand, the Michigan approach is narrower and defines a much focused model which demonstrates a strong fit between the structure, HRM policies and strategy of the organization. This model puts more importance to the functional level of the human resource management which illustrates that the performance of an individual is dependent on selection, development, rewards and appraisal. The Harvard approach deals with a mixture of process and content theories, while Michigan approach is entirely content oriented.2 Source: Human Resource Man agement: A critical approach Importance of HRM An effective HRM framework helps the organization in3- Recruiting people through proper screening and interview techniques Developing their skills by providing them with proper training programs Motivating them with reasonable remuneration and addressing their grievances Retaining them with the introduction of various appraisal and incentive schemes Explain and analyze the HRM framework The human resource management framework is demonstrated in the following diagram The HRM framework describes all the essential function of the human resource management which has an ultimate objective of placing right kind of people in the right kind of job at the

Friday, October 18, 2019

Double-Entry Bookkeeping Systems Assignment Example | Topics and Well Written Essays - 250 words

Double-Entry Bookkeeping Systems - Assignment Example Both the debit and the credit sides were introduced in order to ensure that errors were not committed and this would further be proofed when the debit and the credit sides would match at the end of the specified accounting period. In case the debit and the credit sides do not match at the end of the accounting period, there is a severe possibility that an error has been committed. The entries are recorded within three broad classifications; Assets, Liabilities and Equity/Capital. Hence the equation is: Though the double entry system has been created to avoid errors and misstatements, there are several ways through which errors are committed although the double entries are made correctly. Those errors pre-dominantly include these factors: The book keeping system, nowadays, is usually carried out through sophisticated computer accounting softwares. These softwares require appropriate training for their operation and hence it makes it difficult for an amateur to properly understand the double entry book keeping system using such accounting softwares (Mason,

The World of Management Research Paper Example | Topics and Well Written Essays - 1750 words

The World of Management - Research Paper Example At present, the demand of the management professionals are increasing gradually as an efficient manager is able to fulfill the objective of the company and increase the profit. In the globalized economy, when the economies of different country are connected to one another, the demand of a certified professional from an international organization is high. The professionals, who are certified from a professional organization, are able to handle the issues that arise in an organization in a proper manner. The areas of management include human resources, accounting, marketing, operations etc. Every department has some specific works to manage the company well overall. The managers of the operations department need to manage the resources available for them, for instance, labor and raw materials, and increase the profit of the company. The human resources mangers are responsible to manage the employees and make sure that they are motivated enough to do the job. Marketing managers have to make sure that the company is providing goods and services as per the customer requirement and the accounts department managers have to make sure that there is nothing false in the revelation of the financial information, which are used by the stakeholders of the company. The researcher has selected the area of business administration identify the history, job prospects and needed professional licenses in the field. Historical Overview of Business Administration Business administration means to manage the sources available to an organization effectively and optimally use the sources so that the organization can fulfill the objectives. During the 18th century, a Scottish philosopher Adam Smith has argued that in order to efficiently manage an organization, it needs to have specialized labor resources. He has also stated that some changes in the process can improve the productivity of the organization. If the specialized employees can be used in related places, they will get motivated , as well as the company would be benefited. During the 19th century, the classical economists provided the theoretical background about the processes of allocation of the resources, pricing and the production issues. In the 20th century, the organizations started to understand the importance of administration of business. They felt that an efficient leader could manage the subordinates very well. They can take out the best from the employees by motivating them. The universities have started the business schools where they provide the degree Master of Business Administration, also there were many personalities like Peter Drucker, who provided the theories of management. In this century, various processes invented by the researchers which can improve the efficiencies of the processes and increase the profit of the organizations like six sigma process, reengineering, various software development. During the period, business administration was divided into six different branches, namel y management information systems, marketing management, strategic management, financial management, operations management and human resource management. During the current 21st century, the administration process became more effective; for

Nursing personal statement Example | Topics and Well Written Essays - 1000 words

Nursing - Personal Statement Example With time, I developed a need and desire to refocus my career goals to become an established psychiatric mental nurse practitioner with a command in this particular area of nursing. In order for me to actualize my career goals and professional development, I realized there was a need to increase the depth, and scope of my knowledge, skills and experience in this particular field. This would enable me to conform to the current standards of delivering patient centered care with integration of evidence based practice and clinical experience in order to optimize patient care outcomes. In order for me to achieve my goal, I have to enroll for a master degree in PMHNP (Psychiatric Mental Health Nurse Practitioner) that would increase my knowledge and hands on skills in this specific field of nursing practice. In particular, this program offers me the necessary biopsychopharmacotherapeutic knowledge and skills that will enable me to function well as a PMHN (Psychiatric Mental health Nurse) w ith regard to diagnosing various psychiatric disorders, managing of various psychotropic medication, and promoting the health of the psychiatric mental health patient. ... I have the necessary experience which is a prerequisite for admission to the MSN PMHN program. During my work as a nurse both in the hospital and in the home care, I interacted with patients with psychiatric disorders and actively participated in their treatment and management plans. In particular, I was part of a team that handled psychiatric cases. I personally participated in the physical assessment of the patients and the process of diagnosing the disorders. My participation in the diagnosis process included participating in many of the tests performed to aid the diagnosis. I participated in designing of their treatment plan and its implementation. I also participated in the development of long term palliative care plans for most of the patients with psychiatric disorders. I monitored their progress and response to treatment (both pharmacological and psychotherapy). Apart from the experience that I gained by directly working with patients with psychiatric disorders, I also worked with patients with other disease conditions. In the process, I gained valuable experience needed by the practicing nurse in a clinical setting. I have experience in using handoff communication tools like â€Å"I pass the baton† and SBAR. These tools provide a standard mechanism for communication between nursing personnel and account for a large percent in reduction of medical errors. I also have developed critical skills and experience in using standard research methods within a clinical setting to obtain relevant and up to date information with regards to essential guidelines that are to be observed while handling a continuum of medical conditions presented b patients. I have acquired skills that enable me to apply evidence based practice to developing meaningful and practical

Thursday, October 17, 2019

What drives Willie Loman and sons Seeing the world through the Coursework

What drives Willie Loman and sons Seeing the world through the protagonists eyes - Coursework Example Biff considered his family and himself to be the ordinary people, which are not able to achieve the unreal dreams. Both brothers (Biff and Holly) are shown as the people, who do not wait anything special from life, though they possess different characters, as Happy is not involved greatly in the moral principles. The brothers have totally different inner worlds. The death of Willy did not change anything in the mind of his son Holly, he decided to follow his father’s steps and continue to live in the same way, making the same mistakes, while Biff saw the kind of fatuity in the death of his father. He sees it as useless as his own life and decides to live differently. The readers can understand it, when Biff says: â€Å"He had the wrong dreams. All, all, wrong!† (). Biff finds out, that during the useless rush for the unreachable dream, his father lost thousands of happy moments of the regular every day life. The theme of the play touches the questions of human self-know ledge and its importance for the life of the individual. The relationships of Biff and his father were never perfect. Biff saw his father as an example until he got disappointed in his actions and behavior. Without any idea of who he was, he tried to live the same life as his father and understood that it was the wrong one, after the numerous troubles and sorrows. He learned the sense of life through his own mistakes, though at the end of the story we cannot say that he found himself. The motivation of the play’s characters is revealed through their reaction on different events. The reaction of Holly on his father’s death gives him strength to continue his path and to show everyone that it was not in vain. Linda seeks freedom as the mean of escaping from numerous debts and achieve stability. The play possesses a deep philosophical context. The idea of â€Å"American Dream† remains the most wanted and needed among the people. The

Arthus Evans' contribution Essay Example | Topics and Well Written Essays - 250 words

Arthus Evans' contribution - Essay Example This Minoan civilization became his contribution to stratigraphy-driven archaeology. The Crete excavations that had resulted in the discovery of the Minoan civilization had another essential contribution in store. Based on the Minoan civilization, Arthur Evans developed a relative dating scheme which he named Minoan chronology (MacGillivray 163). Arthur Evans had predominantly managed excavations at Knossos. For this reason, the Minoan chronology is purely attributed to him. This dating scheme would later be applied in Greek and the Cyclades Islands, thereby becoming a plan for dating prehistoric and early historic Aegean events (MacGillivray 174). Arthur Evans was the world-renowned British archaeologist who excavated the palace of Knossos on the Greek island of Crete and developed the theory of Minoan civilization (Roberts 156). He was born on July 8, 1851 and passed away on July 11, 1941. Throughout his academic career, Evans contributed a great number of precious works which include Cretan Pictographs and Pre-Phoenician Script (1895), The Mycenaean Tree and Pillar Cult (1901), and The Palace of Minos (1921-1936) (Karetsou 364). These works have produced significant influence on the development of archaeology particularly in the field of European and Mediterranean Sea area history (Karetsou 381). Panagiotaki (257) contends that Evans also contributed largely to the study of ancient language by defining Cretan scripts Linear A and Linear B. The findings of Evans laid a solid groundwork for later research and provided guidance for the further work on these areas. Evans was drawn to the field of ancient history due to both individual and social reasons. Evans was born in a highly educated and intellectual family. His grandfather was the Headmaster of Market Bosworth Grammar School and received a Master Degree in history. Arthur Evans’ father, John Evans, was capable of reading Latin which led him to large amounts of authoritative academic works

Wednesday, October 16, 2019

Nursing personal statement Example | Topics and Well Written Essays - 1000 words

Nursing - Personal Statement Example With time, I developed a need and desire to refocus my career goals to become an established psychiatric mental nurse practitioner with a command in this particular area of nursing. In order for me to actualize my career goals and professional development, I realized there was a need to increase the depth, and scope of my knowledge, skills and experience in this particular field. This would enable me to conform to the current standards of delivering patient centered care with integration of evidence based practice and clinical experience in order to optimize patient care outcomes. In order for me to achieve my goal, I have to enroll for a master degree in PMHNP (Psychiatric Mental Health Nurse Practitioner) that would increase my knowledge and hands on skills in this specific field of nursing practice. In particular, this program offers me the necessary biopsychopharmacotherapeutic knowledge and skills that will enable me to function well as a PMHN (Psychiatric Mental health Nurse) w ith regard to diagnosing various psychiatric disorders, managing of various psychotropic medication, and promoting the health of the psychiatric mental health patient. ... I have the necessary experience which is a prerequisite for admission to the MSN PMHN program. During my work as a nurse both in the hospital and in the home care, I interacted with patients with psychiatric disorders and actively participated in their treatment and management plans. In particular, I was part of a team that handled psychiatric cases. I personally participated in the physical assessment of the patients and the process of diagnosing the disorders. My participation in the diagnosis process included participating in many of the tests performed to aid the diagnosis. I participated in designing of their treatment plan and its implementation. I also participated in the development of long term palliative care plans for most of the patients with psychiatric disorders. I monitored their progress and response to treatment (both pharmacological and psychotherapy). Apart from the experience that I gained by directly working with patients with psychiatric disorders, I also worked with patients with other disease conditions. In the process, I gained valuable experience needed by the practicing nurse in a clinical setting. I have experience in using handoff communication tools like â€Å"I pass the baton† and SBAR. These tools provide a standard mechanism for communication between nursing personnel and account for a large percent in reduction of medical errors. I also have developed critical skills and experience in using standard research methods within a clinical setting to obtain relevant and up to date information with regards to essential guidelines that are to be observed while handling a continuum of medical conditions presented b patients. I have acquired skills that enable me to apply evidence based practice to developing meaningful and practical

Tuesday, October 15, 2019

Arthus Evans' contribution Essay Example | Topics and Well Written Essays - 250 words

Arthus Evans' contribution - Essay Example This Minoan civilization became his contribution to stratigraphy-driven archaeology. The Crete excavations that had resulted in the discovery of the Minoan civilization had another essential contribution in store. Based on the Minoan civilization, Arthur Evans developed a relative dating scheme which he named Minoan chronology (MacGillivray 163). Arthur Evans had predominantly managed excavations at Knossos. For this reason, the Minoan chronology is purely attributed to him. This dating scheme would later be applied in Greek and the Cyclades Islands, thereby becoming a plan for dating prehistoric and early historic Aegean events (MacGillivray 174). Arthur Evans was the world-renowned British archaeologist who excavated the palace of Knossos on the Greek island of Crete and developed the theory of Minoan civilization (Roberts 156). He was born on July 8, 1851 and passed away on July 11, 1941. Throughout his academic career, Evans contributed a great number of precious works which include Cretan Pictographs and Pre-Phoenician Script (1895), The Mycenaean Tree and Pillar Cult (1901), and The Palace of Minos (1921-1936) (Karetsou 364). These works have produced significant influence on the development of archaeology particularly in the field of European and Mediterranean Sea area history (Karetsou 381). Panagiotaki (257) contends that Evans also contributed largely to the study of ancient language by defining Cretan scripts Linear A and Linear B. The findings of Evans laid a solid groundwork for later research and provided guidance for the further work on these areas. Evans was drawn to the field of ancient history due to both individual and social reasons. Evans was born in a highly educated and intellectual family. His grandfather was the Headmaster of Market Bosworth Grammar School and received a Master Degree in history. Arthur Evans’ father, John Evans, was capable of reading Latin which led him to large amounts of authoritative academic works

A Day in the Life of Alex Sander Essay Example for Free

A Day in the Life of Alex Sander Essay I had to plunge in and make a lot of snap decisions in these areas. Looking back, I can see one poor strategy decision, but on the whole my judgment has been right on target. And if being pushy and commanding is the only way to get the job done—to get two new products out in one year—then it’s worth it to me. Even if I have to steamroll over someone’s feelings, or ignore the way a colleague would like to handle a project. Sander: Well, I get ticked off pretty easily. For example, I can’t stand explaining something more than a couple of times. But what really bothers me is lack of commitment—for example, if a long-time employee isn’t willing to put in extra hours to meet an important deadline. But you know what? After I really become angry, there are people at Landon whose output will jump for at least a couple of weeks afterwards. My temper is actually an effective management tool. 9:00 A. M. Leong nodded apologetically to Garrison as she left and said, â€Å"The interviewer from your alumni magazine is here. † The magazine was interviewing Sander for an article on â€Å"high-potential† product managers as part of a career development issue. He did not want to further embarrass Garrison, a 20-year veteran of the company, by interrupting; still, he needed to talk to Sander. op yo Neighbor: I remember you mentioning some sparks with your assistant when you first started at Landon. rP os t A Day in the Life of Alex Sander: Driving in the Fast Lane at Landon Care Products | 2177 and so on. But you’re never in charge of your own creation. That’s the main reason I accepted a job at Landon. Landon is a pretty small shop, and I’ve been involved in every detail of my product launches. I’ve really enjoyed the strategy piece—gathering data about market share, figuring out the most profitable positioning for my brands. As a product manager, you have to talk to RD, then work with market research to see whether you have a feasible idea that will attract consumers. Then you work with advertising. You partner with all the departments to synchronize the program’s details. A product manager must ensure a targeted, quality product, whose distinctive features will be clear to the target consumer. Then you have to make the product right and get it to market. At that moment, Sander’s BlackBerry buzzed and, with a quick apology, Alex picked up the call. â€Å"I need to get a piece of data from this market researcher before my team meeting this afternoon,† Sander explained. While waiting for Sander to finish, the interviewer glanced around Alex’s office. It was large for so new a product manager, and the interviewer noted the award plaques on the credenza behind Sander’s desk. Sander finished the brief phone call, and the two continued talking. For the last question, the interviewer asked, â€Å"Alex, in your opinion, which type of person is best suited to being a product manager?

Monday, October 14, 2019

The Biometric Technology For Effective Payroll System

The Biometric Technology For Effective Payroll System Payroll is one of a series of accounting transactions, dealing with the process of paying employees for services rendered, it is electronic software, where all the employees information is recorded and captured. Companys experiences a lot of payroll fraudulent occurring by utilizing this payroll software which affects the companys capital due to a high increased payroll cost. Background and Motivation Money being a valuable asset to the company, I have chosen to research more on payroll and how can the effective security level be implemented to enhance the security on payroll by the use of biometrics, as I believe in Physical Attributes identification like finger prints, palm prints, and facial. To solve the security risks, biometrics technology (implemented in the ReCon Biometrics Keyless Identification Security System) uses physical attributes to identify an individual. This solution is ideal because biometrics authentication does not require the user to have any physical access objects present or remember any passwords. With ReCon Biometricss advanced facial recognition technology, we can now overcome many problems that other systems have encountered in the past (Rogan, 2002). Rather than using personal identification because, as (Rogan, 2002) stated that in personal identification A Personal Identification Number (PIN) is another widely adopted means of authentication, and is a standard example that uses memorized passwords or pass codes. The advantage to this approach is that no physical means are required for authentication. However, this method still suffers from security risks if an unauthorized individual gains access to an authorized users PIN. Further complications can arise when authorized users forget or misplace a PIN. Turner, a payroll specialist for a large Florida nonprofit organization, was a sick man. Most employees who steal do so out of greed, but Turner had a different motive-he was HIV-positive and needed expensive drugs to control the disease. Turners duties included posting time and attendance information to the computer system preparing payroll disbursement summaries. Adding and deleting employee master records were separate tasks, performed by another staff member. As an additional safeguard, a supervisor approved all payroll disbursements, and the company deposited them directly into employees personal bank accounts. When the coworker who added and deleted master records logged onto the system, Turner peeked over her shoulder and noted her user ID and password. This enabled him to add fake master records-for ghost employees to the system (Wells and Joseph, 2002). Where there is money to be made, dishonest and unscrupulous individuals can find ways to bilk the system (Michaels, 1998). As with any financial instrument, the key to success is prevention, and FIS continues to create new fraud prevention and monitoring tools as new trends develop (Mccann, 2008). A lot of money becomes missing and records being edited because of unauthorized users who hack the payroll system or being able to retrieve the passwords into accessing the payroll system, so the purpose of this research is to investigate the roots of hacking in the payroll so as to find a lasting solution to it and eliminate ghost employees. It is intended that in this research a suitable biometric system will be introduced providing greater reliability and accountability, in order to enhance the security level of The INNOVATIONHUBS VIP payroll and the staff. 1.2 Problem statement Payroll encompasses every employee of a company who receives a regular wage or other compensation. Some employees may be paid a steady salary while others are paid for hours worked or the number of items produced. All of these different payment methods are calculated by a payroll specialist utilizing a payroll system, and the appropriate paychecks are issued. So for an employee to get their paycheck a time sheet is submitted so that the payroll specialist can capture the data on the time sheet example number of hours worked, and then compute the salary for the employee, so companies often use objective measuring tools such as timecards or timesheets completed by supervisors to determine the total amount of payroll due each pay period. Payroll system is an electronically software that calculates employees salary. The problem is that when employees fill in their time sheets or timecards, they easily forge their attendance of being present at work or working overtime knowing they did not, they do what is called buddy punching which is when an employee punches a time card for another person. This is done by employees reason being earning more money, or earning money even though they did not work for it, because we all want to get our hands on money this affects the companys productivity and payroll cost. However payroll specialists easily get away with fraud because, usual solutions to the problem of enhancing security is identity involve using systems that rely on what a legitimate user knows example, passwords or personal identification numbers or what a legitimate user possesses example , ID cards or keys. However, these methods are susceptible to fraud and security threats as they do not identify the person but simply identify the information that is provided by that person (Gupta, 2008). Companies need to have an absolute trust in the identity of their employees, customers, and partners that is, they are really who they say they are. Taylor Farm, a processing plant for bagging produce, was incurring 20 percent of payroll cost due to buddy punching (Gupta, 2008). Kahn et al (2002:57) found that the System provides an automated, centralized back end payroll service with a full-featured web-based payroll system. Both aspects of the system have access to a central database, which includes, for example: profile information on employers and employees; timesheet, salary and hourly wage data; employee benefit data and information regarding third-party providers and miscellaneous payee. According to Krons (2010:109), the YMCA was committed to keeping its payroll in-house and was looking for a flexible and configurable system that would enable it to do so efficiently. With Kronos, they have been able to cut payroll processing time by 50 percent largely due to the automation of payroll data from the time and attendance system into payroll. With more than 1,800 full- and part-time employees at 12 facilities across Ohio, many employees often perform multiple jobs in the same pay period. With Kronos, the YMCA is able to keep track of position management and ensure that payment is applied correctly. After implementing a new time and attendance system for its labor intensive operation, Fantasy Cookie Co. has realized a 90% reduction in payroll errors and return on investment of one year (Hitchcock, 1993:70). Some of the motivations to change payroll frequencies include best practice or industry standards, possible future sale or acquisition, cost savings, union contract requirements, or even employee requests (2010:8). My intention is to find a way by means of biometrics systems to enhance the security level on VIP payroll at The Innovation Hub and monitoring employees presence at work. 1.3.1 Goal The primary goal of this study is to introduce Biometrics System for the security of VIP payroll at The Innovation Hub. 1.3.2. Objectives To investigate the security problems being encountered at the payroll and monitoring employees timesheet or timecards of the Innovation Hub To find out what is the security system applied in the payroll of the Innovation Hub. To explore the use of Biometric technology as a security system in this company to solve the security problems discovered. 1.3.3 Research questions What are the security problems being encountered at the payroll of the Innovation Hub? What is the security system applied in the payroll of this organization? How does Biometric system can be applied to solve the security problems identified? 1.3 Scope There are three types of payroll systems the first being the manual payroll system typically serves small medium and macro enterprise (SMME), and all this is done by hand with a manual payroll system. Secondly being the In-house Payroll a company with up to 60 employees can benefit from a computerized in-house payroll system. Thirdly is the external Service (outsourcing) company with more than 60 employees usually hiring an external payroll service. They are a separate firm that specializes in payroll processing. The basis of the definition supplied by Justice Buckley is that in order for a fraud to exist a lie must be told and something tangible obtained by virtue of the operation of that lie on the mind of the person receiving the information. That premise has been extended through common usage and the media so that now fraud is referred to as the obtaining of property through any dishonest means. Those means do not necessarily include the telling of a lie and can include what is considered corrupt activity by a person in authority (Jarrod 2006). There is no easy fix for Social Security. No silver bullet or miracle accounting will painlessly fix the problem posed by our 70-year-old national retirement system. At a recent meeting in Washington, D.C., the ABA Government Relations Council reaffirmed a strategy first advocated by ABA in 1999. It calls for ABA to act as industry spokesman for reform, work with Congress on a bipartisan basis and support the creation of personal retirement accounts those special accounts that would allow younger workers to place a portion of their payroll taxes in private retirement accounts they manage themselves (Duke 2005:20). Swart (2002:5-15) found that the payroll systems are cumbersome and problematic, they require the use of a middleman payroll service to either send or calculate and send the employees net pay data to the bank, which increases costs to the employer. These cost are ultimately passed on to the employees and public, such systems also take significant amounts of time to acquire, transfer, translate and process all of the data required to determine and distribute net pay to the employee, and employees are therefore forced to wait one or two weeks before even receiving their paychecks another disadvantage of the prior art payroll system is the use of centralized data processing for calculation of net pay, such as used by ADP. The allegations ranged from accepting kickbacks, committing bank larceny against the Orleans Parish Credit Union, and forging and passing bad checks, to theft, income tax violations, insurance and mail fraud, as well as extortion.6 With encouragement from State Superintendent Picard, the New York-based firm of Alvarez Marsal was selected in July 2005, by the Orleans Parish School Board and the Louisiana Department of Education, to address and resolve the districts numerous systemic financial improprieties.7 Employees of Alvarez Marsal immediately found significant payroll discrepancies estimated to cost the district approximately $12 million per year (Pamela Frazier 2008). Systems that lack a secured authorization detector can end up being history to the owners and costly. HIGH-PROFILE payroll problems have plagued a $25 million PeopleSoft ERP implementation in the Palm Beach County School District in Florida after just five months of operation.Since the Oracle Corp. software went live in July, there have been numerous instances of employees being underpaid or not paid at all, said Mike Guay, a Carlsbad, Calif.-based consultant hired in early September to help fix the problems. In many cases, the payroll errors have caused significant hardship to workers, added Sharon Barmory-Munley, president of thse local office of the National Conference of Firemen Oilers, a union representing more than 4,000 school district employees.In September, payroll problems prompted some 300 bus drivers to picket the school board. Other employees have complained to the U.S. Department of Labor, said Barmory-Munley (Barton, 1992). Its horrible, she said. Some people cant pay their bills, mortgage payments are late, and theyve ruined their credit. This is disastrous (Marc, 2006), this report shows how serious and harmful the system can get if not resolved in time. Payroll Express Corp., a company that provided paycheck cashing services for about 100 corporate clients, has gone bankrupt, and owner Robert Felzenberg has been accused of diverting customers funds to its own uses. Payroll Express bank, United Jersey Bank (Hackensack, NJ), is being sued by some Payroll Express customers for not monitoring the business more closely and for allegedly ignoring and glossing over Payroll Express troubles. The bank says the charges are without merit (Barton, 1992). Not all of the IT specialist do the right job or what they are suppose to do, you find IT hackers who can do anything to get their hands on money, money being an object that everyone wants to get their hands on. A large local employer in a small town had its office burglarized. Nothing appeared to be taken but there was some vandalism. The company assumed it was just some kids. A few days later, on a late Friday afternoon, a group of about 20 people with heavy accents came into the local bank and cashed payroll checks drawn on the local employer. On Saturday, the same 20 people went back to each of the bank branches again cashing more checks. It was then discovered that these checks were forged. The blank checks had been stolen during the break-in. Encouraging or requiring businesses to use a Positive Pay System will prevent these losses. When using Positive Pay, the business customer provides the banks computer with check numbers and amounts before providing the checks to recipients (Towle, 2010:17). There is no end to Queenslands payroll debacle with a report finding it will take another six months to make critical fixes to the system and 18 months for it to be fully re-implemented.Queensland nurses and midwives were waiting for a formal response from the states health department after a report recommended sticking with the flawed system (2010-2011:15). No matter what industry an organization serves, there is one common element the customer. That customer can be external or internal. The key focus in having quality be part of everyones job is to make sure customer value is the primary purpose of the organization. Everyone in the organization should know the customers and what they consider important. All functions accounting, payroll, information systems, engineering, sales play a role in how these customers view the work. Tools such as customer survey analysis, best practice studies and publisher customer audits are used to determine what customers really want, as are graphs of customer complaints over a specific time period (Whitarcre, 2001). 1.4 Significant This study is very significant in the sense that there is a serious implication of financial security to the survival of any organization especially the InnovationHub. Electronic security has also become a global issue in the discourse of a virile Information System, while the biometric system is a current security application of IT in the security system. The report of this work will also add to literature on the state of the art applications of IT study while the solution can be applied in all payroll systems. 1.5 Key words Payroll, System, Access, Security, Biometric Literature review Companies need to able to have absolute trust in the identity of the employees, that they are really who they say they are. Fraud can occur in the payroll department in many ways. These can include (Journal of Trade, 2010): phantom employees being paid; fraudulent additions to approved time records; increases in hourly rates; payments of commissions, bonuses, or incentives that are added to an employees normal paycheck; deduction reversals that add to an employees net pay; illegal advanced earned income credit payments; and Child support garnishments that are mailed to a custodial parent but never deducted from a paycheck. Identification is a one-to-many matching process that ascertains the existence of an individual in a database. This process merely determines that the person exists. If access control is predicated only on the existence of an individual, then the individual is given access to the system when the required identifier is found to exist in the access database. There is no confirmation or proof that the person who is given access is indeed the person who initiated the access procedure (Chandra Calderon, 2003). Everyone is a potential fraud, and only careful hiring and strong internal control are effective in preventing fraudulent to the organization (Seidman, 1985). Payroll accounting shows another area where authentication issues assume importance. The importance for effective authentication exists in at least three processes: time-keeping and attendance records, pick-up of paychecks, and linking employees to specific tasks in the organization. Three broad categories of factors that organizations use for automated authentication-possession, knowledge, and biometrics. Authentication can be predicated on a single factor (e.g., a password, a PIN, or a picture ID) or on multiple factors (e.g., password and picture ID, or PIN and picture ID). Vertical movements within the pyramid are associated with increases in the strength and focused nature of the authentication process. The likelihood that the verified identity is not that of the true owner also decreases with vertical movements in the pyramid (Chandra Calderon, 2003). The user must present a physical possession (such as a token or a key) to be authenticated. Though visible and usually portable, possessions can be lost, stolen, shared, duplicated, forgotten, or destroyed. Possession-based authentication factors provide assurance that a user presents a valid token or card. Within the context of an automated authentication process, these factors do not provide direct assurance that a user who is allowed access into an information system is indeed the person he or she claims to be. In the second category, the user provides information about his/her knowledge (such as, password, or passphrase). Passwords and other knowledge authentication factors are highly portable, invisible (unless written down), can be changed often, and can be designed to be relatively secure. However, they can be forgotten, reused, stolen, guessed, or shared. Passwords offer assurance that the person at the keyboard knows the password. They do not offer assurance that the person at the keyboard is indeed the person he/she purports to be (Chandra Calderon, 2003). Fraud in payrolls always involves over statement of the total of the payroll, and usually involves either (1986): Padding the payroll by including names of new employees before they started to work, or names of employees who have left, or names of men who are simply non-existent, or who exist but do not work for the company. Overstating payroll footings, carry forwards etc Failure to account for unclaimed wages, overpayments. Etc. One private sector problem is what is called buddy punching which is when an employee punches a time card for another person. Taylor Farm, a processing plant for bagging produce, was incurring 20 percent of payroll cost due to buddy punching. (Gupta, 2008). People are our business and managing such a large workforce that operates on diverse client sites is a challenge. We recognized that a standard time and attendance system that could provide as many access methods for clocking on as possible biometric, internet, proximity, telephone yet could be managed both centrally and remotely, was an essential requirement for our business (Pollitt, 2008). The real cushion against fraud, however, is in the type of individual employed. This means concern not so much with an applicants technical background, as with human background. Things like his mode of living , his social habits, his family troubles, his financial stresses and strains all of these are vital in the fraud potential (Seidman, 1985). The construction foreman of a large chemical company is responsible for a maintenance crew of about fifty employees who include tradesmen and labourers. He is also responsible for the deployment of a large amount of tools and equipment for the repair and maintenance of the plant. The employees are permitted to work overtime. The foreman started his own handyman/small construction company specializing in week end work. To carry out this work he utilized the tools and equipment of his employer and the time for the labour of the employees engaged in this nefarious activity was paid for by the employer by way of overtime for working on the weekend. The foreman authorized their overtime cards, certifying they had worked the overtime for the company. Employees were paid for their work, but the foreman, who charged his private clients, did not have to pay any costs of the construction whatsoever. The foremans behaviour was such that he obtained a financial advantage because hedid not have to pay for the labour of his workers or the tools and equipment he used onhis jobs. He was convicted of deceiving his employer into paying for the labour cost (Bowditch, 2006). The paymaster of a large technical company on the north shore was a trusted and valued employee until a co worker saw him driving a brand new Porsche on the week end. An investigation revealed that he had been systematically paying himself overtime at the rate of five times his regular salary. No subterfuge, he was just authorizing the payment to himself of more hours overtime than there are hours in the week. The fact that he could have got away with this brazen fraud for over twelve months showed a lack of any sort of control by management in the running of the company, and certainly no thought to fraud control (Bowditch, 2006). The state sales manager for a leading liquor distributor was offering the clients on his run a special discount for cash. He was fulfilling the orders and obtaining the cash and writing an invoice and receipt from a loop he had installed in the company computer which had a program to generating the invoices, receipts and stock upgrades. He got away with hundreds of thousands of dollars until a physical reconciliation was done between the stock and sales figures and the crime discovered (Bowditch, 2006). American businesses lose nearly $12 billion a year to check fraud, and small businesses are frequent victims of fraud artists, who consider them easy prey (Blackwood, 1998). Dont trust any person with money, always check on them and then check more. 3. Theoretical frame work Using Autopoietic theory as a framework for biometrics Autopoiesis is a pseudo Greek word coined from ÃŽÂ ±Ãƒ Ã¢â‚¬ ¦Ãƒ Ã¢â‚¬Å¾Ãƒ ³ (auto) for self and à Ã¢â€š ¬Ãƒ ³Ãƒâ€žÃ‚ ±ÃƒÅ½Ã‚ ·Ãƒ Ã†â€™ÃƒÅ½Ã‚ ¹Ãƒ Ã¢â‚¬Å¡ (poiesis) for creation, production or forming that was first introduced by the Chilean biologists Humberto Maturana and Francisco Varela in 1973 to denote the type of phenomenon they had identified as a characteristic that distinguishes living systems from other types of systems. They claimed that living systems are autonomous entities that reproduce all their properties through their internal processes. Later on this term was introduced into social theory as well as formal organization theory by Niklas Luhmann who claimed that social systems are systems of communication that emerge whenever an autopoietic communication cycle comes into being that is able to filter itself out of a complex environment (Schatten, 2008). Luhman argues that there are three types of social systems: societal, interactional as well as organizational. Any social system has its respective information subsystem described through their communicative processes. Systems that are not autopoietic (systems that produce something other than themselves) are considered to be allopoietic (technical) systems (Schatten, 2008). This is how the theory of Autopoietic will be applied to my research, the theory which represents a framework for describing complex non-linear and especially living systems is described in a context of biometric characteristics. It is argued that any living system by performing an internal process of reproducing its structural components yields physical biometric characteristics. Likewise any living system when structurally coupling to another (eventually allopoietic) system yields a behavioral or psychological characteristic of the living system (Schatten, 2008). It is revealed that a system that can be considered as autopoietic can potentially be measured, authenticated and or identified using biometric method, and thus biometrics is appropriate to any autopoietic system it can be people, social systems, organizations as well as information systems. So biometric is a method of series, steps or activities conducted to practice biometric samples of some biometric feature usually to find the biometric features holder or a special feature of the biometric sample. A biometric template or extracted structure is a quantity or set of quantities acquired by a conscious application of a biometric feature extraction or preprocessing method on a biometric sample. These templates are usually stored in a biometric database and used for reference during the recognition, training or enrolment processes of a biometric system (Schatten, 2008). The diagram below illustrates how the biometric technology will be intergrated with the payroll system, and this is how the autopoietic theory will be applied to my study. Diagram of payroll system integrated with iris biometric device Back up a data center The time sheet detail is captured in the payroll system. Time sheet (time in and out) about the employee is recorded. Employee scans his or her Iris in the iris scan device. The payroll specialist forwards the employees paycheck, using timesheet information from the captured payroll. Paycheck is transferred by the finance department to the employees accounts. 4. Methodology This is an exploratory research because it is the goal of formulating problems more precisely, clarifying concepts, gathering explanations, gaining insight, eliminating impractical ideas, and forming hypotheses. The method of data collection that I will use is qualitative method as it is used when a question needs to be described and investigation in some depth, or examining the meaning of an experience (Shields and Twycross). How I will compile my research I will seek to interview those who are knowledgeable and who might be able to provide insight concerning the payroll system and monitoring of time sheets to verify employees presence at work. I will interview 20% of the staff members and all the staff at the finance department and the payroll specialist, I will use audio tapes for recording my interviews and a method of transcripts of conversation. Some of the questions Ill ask the staff members: Do you use any type of access to enter into your office or the building of the company? What monitors your presence at work? Do you submit weekly or monthly time sheet? Who witness the time sheet? Some of the questions Ill ask the payroll department: What attributes or information do you need to capture for a new employee? How do you handle information of ex employee? When do you do roll over of the payroll? How are different leaves captured? Some of the questions Ill ask the finance department: When do the employees receive their pay check? How do you monitor costs of payroll, after how long? Im going to carry out my research at The Innovation Hub focusing on their VIP payroll system, time sheets and the clocking in and clocking out of work method used. This is a brief introduction of my solution framework Biometrics refers to the process of automatically recognizing a living person using his or her distinguishing, measurable traits. Biometric systems identify the person rather that what the person has (like ID cards) or what they remember (like passwords). The term biometric refers to the statistical analysis of biological phenomena and measurements and has been widely used to describe technologies used for personal identity management (Gupta, 2008). Biometrics technology uses unique, measureable, human characteristics to automatically recognize and verify an individuals identity. Biometrics can measure both physiological and behavioural characteristics. Physiological biometrics is based on precise and accurate measurements of unique features of the human body, and includes: Finger scan which matches the minutiae, pattern, ultrasonic or moirà © fringe imprint, most common of all devices (Chandra Calderon, 2003). Facial scan is designed primarily to find close matches of particular facial features such as eyes, nose, mouth, cheekbones, chin, and forehead against a database of static facial images (Clodfelter, 2010). Iris scan technology relies on the distinctly colored ring that surrounds the pupil of the eye. Irises have approximately 266 distinctive characteristics, including a trabecular meshwork, striations, rings, furrows, a corona, and freckles. Typically, about 173 of these distinctive characteristics are used in creating the template. Irises form during the eighth month of pregnancy and are thought to remain stable throughout an individuals life, barring injury (Rosenzweig, 2004). Retina scan a digital image of the retina of the eye is created to match the pattern against a live sample, scanning done by low-intensity light via an optical coupler (Chandra Calderon, 2003). Hand geometry relies on measurements of the width, height, and length of the fingers, distances between joints, and the shape of knuckles (Rosenzweig, 2004). Behavioral biometrics (based on measurements and data derived from an action) include: Voice recognition measures the wavelengths and frequencies of the voice (Chandra Calderon, 2003). Signature recognition traditional device, a behavioural device, it checks the way a person signs his or her name, and writes letters (Chandra Calderon, 2003). Keystroke recognition a behaviourable biometric device, it measures the force applied and the pattern used to push keys on a keyboard (Chandra Calderon, 2003). I will be utilizing the iris biometric system because: Iris recognition technology is relatively easy to use and can process large numbers of people quickly. The iris is the most unique identifier on the human body. It is the most reliable form of biometrics. Iris patterns are unique and stable, even over a long period of time. Furthermore, iris scanning and recognition systems are very user-friendly. Less intrusive than retina scan, higher matching performance, works well with glasses, across ethnic groups. Biometrics