Phuket Beach - 1203 Words

{draw:g} {draw:frame} {draw:frame} {draw:frame} {draw:frame} {draw:frame} {draw:frame} {draw:frame} Table of Contents Declaration This report is submitted as partial fulfilment of the requirements for Module MBA 407 Financial Management at the European Business School London in spring 2010. We declare that this document embodies the results of the group’s work and that it has been composed by the group. Following normal academic conventions, we have made due acknowledgement of the work of others. We have worked together as a group and we have all contributed equally and would therefore be graded as a group. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Fouad El Ghzal †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Nikola Pamler †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Ulrich†¦show m ore content†¦But the NPV is not suitable to compare projects running fordifferent time periods. Instead I used the Equivalent Annual Cash Flow to compare both projects, regarding their time-period, as the Equivalent Annual Cash Flow measures the current economic gain for every year in a projects life period. As a result I got an Equivalent Annual Cash Flow of $124,103.76 for the PKC and an Equivalent Annual Cash Flow of $323,731.71 for the BKC. That is why I came to the point that the PKC project would be the better choice as it has the lower Equivalent Annual Cash Flow value which is an indicator for financial security. Even the Beach Karaoke Club (BKC) would have higher financial benefits this investment option is less attractive, due to an uncertain income which leads to a higher risk. If we take several unfavourable situations into account the PKC will still have a positive equivalent annual cash flow while our project’s equivalent that guarantees us annual cash flow will be negative. Even this fixed income from the rent goes only for a 4-years period it is still more attractive than an uncertain income over a 6-years period. I know that you liked the idea of recruit staff for the BKP from the current surplus of the hotel’s workforce, as the BKP project did not has to care about their salaries and does not have opportunity cost’s for recruiting and training. But we also have to consider that maybe one day the hotel requires all their workforce, which will be a problemShow MoreRelatedPhuket Beach Case1683 Words   |  7 PagesPHUKET BEACH HOTEL: VALUING MUTUALLY EXCLUSIVE PROJECTS I. STATEMENT OF THE PROBLEM This is an assessment of the different costs and benefits of two mutually exclusive capital projects involving the use of an underutilized space located on the second floor of the main building of Phuket Beach Hotel (PBH). The first project, Planet Karaoke Pub (PKP) offered to sign a four-year lease agreement with (PBH) while the second project, Beach Karaoke Pub (BKP), is a pub the PBH itself, plans to putRead MorePhuket Beach Hotel1556 Words   |  7 PagesGeneral Manager, Phuket Beach Hotel From: Albert, Andy, Becca, Chris, Derek Consulting Date: June 14, 2011 Re: Valuation of Potential Karaoke Pub Projects Thank you for retaining AaBCD Consulting in the valuation of your future capital improvement project. There are two mutually exclusive capital improvement projects under consideration: lease under-utilized space to an unrelated third party, Planet Karaoke Pub, or invest greater capital to open and manage your own nightclub, Beach Karaoke PubRead MorePhuket Beach Hotel1996 Words   |  8 PagesCase 10:Phuket Beach Hotel VALUING MUTUALLY EXCLUSIVE CAPITAL PROJECTS Case Overview Planet Karaoke Pub Project Lives Monthly rental (5% increment for 3rd and 4th year) 4 years 170, 000 (THB) 770, 000 to 1, 000, 000 (THB) 55, 000 (THB) Up front renovation cost (Depreciated over the life of project - straight line method with zero salvage value) Overhead expenses Repair and maintenance cost 10, 000 (THB) / year Case Overview Beach Karaoke Pub Project Lives Up front investment Read MorePhuket Beach Hotel3020 Words   |  13 PagesFinancial Management. EBS ML. 4th course students. Case study. Phuket Beach Hotel. Valuing Mutually Exclusive Capital Projects. Questions 1. Please asses the economic benefits associated with each of the capital project. What is Initial Outlay? What are the incremental cash flows over the life of the project? What is an appropriate discount rate to use for discounting the cash flows of the project? SN 1 and SN 2 - 40% 2. Are the project comparable based on the standard NPV measure, given thatRead MorePhuket Beach Hotel Case Studey1161 Words   |  5 Pages770,000 6. WACC = 10.75% Yr. 3 Yr. 4 2,142,000 2,142,000 -192500 -192500 -10,000 -10,000 -1,767,125 -1,855,500 172,375 -51,713 120,662 192,500 84,000 -25,200 58,800 192,500 313,162 230,536 251,300 167,039 Analysis of Cash Flow - Beach Karaoke Pub figures in baht Yr. 0 Sales less less less less less Food and Beverage Cost Other Operating Expenses Depreciation Increase in repair and maintenance expenses Decrease in net room revenue Additional Operating Income less Taxes NOPAT addRead MorePhuket Beach Hotel: Valuing Mutually Exclusive Capital Projects846 Words   |  4 Pagesstudent contract (4Ps) Knowing your participants Selecting cases and readings Using a mix of short (â€Å"breather†) and long cases Assigning a term project Case  seminar  series_Su  H  Chan A Short Case Phuket Beach Hotel: Valuing Mutually Exclusive Capital Projects* (4 pages) Synopsis Phuket Beach Hotel has an opportunity to lease its underutilized space to a karaoke pub and earn a rental income. Alternatively, the hotel could develop the unused space and create its own pub. The general manager ofRead MoreExploring Phuket 886 Words   |  4 PagesFEATURE Go for a walk around Phuket. Phuket is well known as a Pearl of Andaman because of its beautiful beach and many tourist places such as Patong Beach, Kata Beach, Karon Beach and Lam Promathep. Actually there are additional factors such as its culture, architect, historic and much more that is enough to make this city became a paradise. City of Tin. In the past, Phuket was the resource of tin exported to many countries in Ayutthaya. The tin industry was the most prosperous reign ofRead MoreThailand Vacation Essay883 Words   |  4 PagesThailand holidays package is enticing mixture of establishing destination like Hua Hin and Phuket. Thailand appeals to many different travelers, whether they are hippy chic or craving barefoot luxury. Thailand provides you plenty of selections for every budget and taste. Pampering is an art form of this beautiful country and throughout the country spas provide authentic treatments if it is in a 5 star resort or a beach side hut. Package Thailand holidays provides you best sightseeing, variegated shoppingRead MoreThe Indian Ocean Tsunami : The Sumatran Andaman Earthquake1463 Words   |  6 Pagesand began to collect stranded fish along the 1.6 miles of exposed beach, which had fatal results. One of the few places to evacuate was an Indonesian Island called Simeulue, which was very close to the epicenter. Another area that evacuated was Maikhao Beach in Northern Phuket, Thailand where a ten year old British student recognized the signs of a tsunami from learning about it in school, and she and her parents warned the beach goers and they evacuated the area. John Chroston, a biology teacherRead MoreEssay on Children Sexual Exploitation in Thailand 1316 Words   |  6 Pagesgoes to Thailand because sexual services are cheaper and the availability is enormous. 3. Pattaya: As I previously stated child sex tourism in Bangkok is decreasing but the same phenomenon is not occurring in other cities such as in Pattaya, Phuket and Chiang Mai where the problem is still relevant. The Pattaya resort is just two hours drive from Bangkok. In the past it was a fishing village but, when the American soldiers fighting in the Vietnam War, discovered Pattaya they â€Å" armed with dollars

Sailing to Byzantium Free Essays

Poetry means many things to people all over the world. Poetry is an outlet or artistic and creative way of telling a story or expressing your emotions. It is something that does not require a lot of skill, but imagination and feeling. We will write a custom essay sample on Sailing to Byzantium or any similar topic only for you Order Now â€Å"Sailing to Byzantium† written by William Butler Yeats is a poem that speaks of the craving for something one cannot have and the immortality of people, art and intellect, and greatness. â€Å"Sailing to Byzantium† is a poem based on the theme longing for something one cannot have. In this case the old man in the poem is yearning to be young and live on forever even when his time is up. To escape death and old age the man sails to Byzantium. Byzantium is the opposite of the old man. â€Å"The young in one another’s arms, birds in the trees† and â€Å"The salmon falls, the mackerel crowded seas† are lines from the poem that illustrate the youth and vibrance of Byzantium, the youth and viberance the old man desires. Throughout the poem there are lines that hint about the immortality of people and life. One can continue to live on forever spiritually or by being remembered for having a great achievement or a great impact. In the second stanza Yeats writes, â€Å"An aged man is but a paltry thing. The old man sees age as just a number. His body may be growing older, but his insides are youthful. In the third stanza Yeats writes â€Å"Into the artifice of eternity†. This line can translate into on the illusion of immortality. Finally, in the last stanza Yeats writes, â€Å"Once out of nature I shall never take my bodily form from any natural thing. † Yeats writes that once the old man has passed he will be remembered by a symbol or sculpture much like a royal emperor. He will be represented by any natural thing. In this poem it is important to the old man that he lives on forever in the magnificent paradise of Byzantium. In addition to the immortality of people, the continuous life of art and intellect were written about. In stanza one Yeats writes, â€Å"Caught in that sensual music all neglect, moments of unaging intellect. † These two lines illustrate the immortality of art and intellect. Though some may neglect the elders because the elderly seem to lose their intellect as they age, the older generations were basically bards of education and intellect. Intellect is something that is passed down from generation to generation, it is something that will live forever. â€Å"Sailing to Byzantium† is a poem largely associated with greatness. Byzantium was a paradise. It consisted of salmon-falls, mackerel-crowded seas, gold mosaic walls, Grecian goldsmiths, and a royal emperor. Byzantium was magnificent, just like the idea of immortality. I think Yeats wrote about Byzantium and immortality together because they go hand in hand. William Butler Yeat’s poem â€Å"Sailing to Byzantium† is a poem about greatness and all of its elements. Byzantium was a lively place where it seemed like anything was possible. It was a paradise to escape to. To me â€Å"Sailing to Byzantium† is a poem of inspiration. The poem seemed to make the idea of dying meager because one can live on forever, even past their time. How to cite Sailing to Byzantium, Papers

Impact Of Core Values And Principle Samples †MyAssignmenthelp.com

Question: Discuss about the Impact Of Core Values And Principle. Answer: Introduction Core values are the enduring and fundamental tenets which should not be compromised at any situation, even if for any kind of short-term convenience or any financial gain. As stated by Thomas J. Watson Jr., the former chief executive of IBM, while finding the primary differences between failure and beliefs, mostly the organizations are stuck with the question of sustaining the great talents within the organization. This also leads back to the question whether the organization can sustain the common senses and causes through generations (Collins and Porras et al). However, this answer lies within the belief of any organization. It is also believed by many of the academicians that for surviving in the competitive market and achieving success an organization should have a pre-determined set of beliefs that can be the foundation of any action or policy taken for the organization or its stakeholders (Shapiro Stefkovich, 2016). These beliefs are mostly called the core values which should come before any action, policy or practice and the organizations should faithfully adhere to these values through generations. In any political organization, the core values have a significant part to play as the general people starts believing in a particular organization if they are holding on to their core principle values. This essay will address the issue of the impact of these core beliefs on the decision making process of any leader along with defining how the decision making process of Narendra Modi is determined by either compassion or beliefs. Discussion Individual assumptions and beliefs can be very much significant in the decision making process of any organization or any individual. As stated, We dont believe the world we see; we see the world we believe, defines that frequently the decisions may not make much sense to other people; however, it can always have a huge influence on the learning capacity of people. While making any decisions, the individual culture and values play a huge part (Axelrod, 2015). Several researches in the past, have already addressed the issue of being committed to the organization and to its core values. Most of the times, the core value provides a simple yet substantial guidance to the decision making process. In the business world, the organizations consider their clients ahead of anything else because they know that without the customers, the organizations are nothing (Kaner, 2014). Therefore, their core values are directed towards serving the customers along with supporting the employees who are doi ng so. There are number of core values that the organizations have. The visionary organizations mostly have three to six core values. These values are deeply rooted and fundamentally determined by the organization; therefore these are not going to changed or compromised at any situation. However, Ford Richardson (2013) states that, it is highly possible that if the organizations are holding more core values, it can affect the decision making process of the leaders. The leaders may fail to recognize that which value is truly core, therefore creating a statement of those values, the leaders may not be able to comprehend the faithful adherence towards a specific one. On contrary, they may not understand which values can be compromised or discarded if the surroundings are not adequately favorable. It should be noted that the core value or the core ideology should exist in any political or strategic organization as the internal constituent, even though it is largely dependent on the external se ttings (Pettigrew, 2014). As an instance, it can be said that when the British created their colonies, they did not put independence and equality as the core value of those political institutions as the external environment did not support it. However, the core ideologies change with the course of time as these values work towards providing inspirations and guidance to all the future generations. Individual beliefs and compassion has been two major core values for the leaders. Individual beliefs do play a central part in shaping the decisions of the managers or the leaders. These are the assumptions that every individual make about themselves and the outer world. Beliefs are also about what an individual thinks about other beings, what they consider to be the most valuable resources and the generalizations that they make regarding their surroundings (Blondel Mller-Rommel, 2016). Therefore these considerations act as a fundamental base for the decision making process. In a similar way, compassion also acts as a base for the decision making as it is one of the core values of the learning approach. Compassion can be defined as the brief judgment which an individual makes for appreciating others situations, beliefs and perspectives even if those are different than their own (Verbeek, 2017). Being compassionate strongly means that an individual is honestly concerned for the requi rements of other people. If the leaders are compassionate the decisions are made considering all the aspects of the situation. While analyzing Narendra Modis decision making procedure, it can be indicated that his decision making process is entirely driven by compassion that individual beliefs. After so many years of independence, India still lags behind in some genres. So far, the leaders were interested more in scrapping the poverty out of the country, which was clearly not achieved in so many years. On the other hand, Narendra Modi believes in measuring the induce development, therefore he is making successful investments in the ports and roads, power, energy and encouraging more new businesses and entrepreneurs for investing in India. Therefore this has created more job opportunities and increased the annual income of general population which eventually is bringing more taxes for the country. This decision is entirely driven by the compassion as it has been taken in a way which indicated that he is taking care of his countrymen and ensuring that they raise their standards of living in near future. Modi h as also shown some of his dictatorial attributes in his way of decision making that may seem that he is making decisions out of his own individual beliefs, but he has implemented more pragmatic decisions than the previous leaders. Modi has shown willpower for rooting the corruption out of the country with the recent note- ban. This decision may be considered to be driven out of his individual beliefs, but it is also due to the transparent judgment after considering all the potential aspects of the decision. With the immediate results of the note ban, it may seem to be wrong and dictatorial decision, but in the long run, it can root the corruption out of the country. Modi has also indicated his concern for the lower class of the society and addressed a major issue in the country which is making India a fair and clean country from all the aspects. When he declared Toilets before temples, it has shown his compassion towards the welfare of his country. Conclusion In conclusion, it can be said that, the core values do not only considered for the organizations, but it also drives the individual decisions of a human being. When a political leader makes sharp and definite choices, it tends to bring more clarity for the decision making process of the general population as well. Most of the times, the voters tend to become confused and unable to make decisions in choosing their leaders, however, the compassionate and definite making of decisions also influence their decision making as well. Even though the core values of an individual may not change, but with the course of time the core values change along with the situation. Therefore, even if people do not believe in the political belief of Narendra Modi, they can still consider him as their leader considering his decision making procedures. References Axelrod, R. (Ed.). (2015).Structure of decision: The cognitive maps of political elites. Princeton university press. Blondel, J., Mller-Rommel, F. (Eds.). (2016).Governing together: the extent and limits of joint decision-making in Western European cabinets. Springer. Carsten, M. K., Uhl-Bien, M. (2015). Follower beliefs in the co-production of leadership.Zeitschrift fr Psychologie. Cianci, A. M., Hannah, S. T., Roberts, R. P., Tsakumis, G. T. (2014). The effects of authentic leadership on followers' ethical decision-making in the face of temptation: An experimental study.The Leadership Quarterly,25(3), 581-594. Collins and Porras et al. Built to Las pp 46-79 Ford, R. C., Richardson, W. D. (2013). Ethical decision making: A review of the empirical literature. InCitation classics from the Journal of Business Ethics(pp. 19-44). Springer Netherlands. Kaner, S. (2014).Facilitator's guide to participatory decision-making. John Wiley Sons. Pettigrew, A. M. (2014).The politics of organizational decision-making. Routledge. Prooijen, J. W., Jostmann, N. B. (2013). Belief in conspiracy theories: The influence of uncertainty and perceived morality.European Journal of Social Psychology,43(1), 109-115. Shapiro, J. P., Stefkovich, J. A. (2016).Ethical leadership and decision making in education: Applying theoretical perspectives to complex dilemmas. Routledge. Verbeek, B. (2017).Decision-making in Great Britain During the Suez Crisis: Small groups and a persistent leader. Routledge.

Change Management as a Complicated Transaction

Change management is a complex activity. The research focuses on change itself. The research delves into the way the change should be implemented by reducing resistance. Change management can be best implemented using a three phase process.Advertising We will write a custom essay sample on Change Management as a Complicated Transaction specifically for you for only $16.05 $11/page Learn More Description of the situation William Bridge (Bridges, 2010) emphasizes in his book, Managing Transitions: Making the Most of Change†, that the employees were required to shift from manual recording of business transactions to the use of computers within the last six months of the organization’s work environment. For some of the older employees, the change was a huge hurdle to overcome. The old people gave their best efforts to hold on to the traditional way of doing things. The objecting employees used both legal and not legal means to thwart managementà ¢â‚¬â„¢s plans to institute the necessary organizational changes. Some of the complaining employees announced that they have mastered the old way of doing things. The complaining employees brought out their defense that they do no have the physical and mental prowess to comply with the mandatory change to the new working environment. On the other hand, Robert Paton (2008) states that for some of the younger employees, the change was a welcome sight to embrace. The young employees felt the change was a small hill to effortlessly climb. The young employees were eager to jump into the bandwagon called innovation. The young employees persuaded the older employees to stop their strong resistance to the new way of accomplishing organizational goals and objectives. The young employees even bragged among themselves that they can easily assimilate the new computerized working environment because of their challenging outlook in life. Description of the setting The change from the manual input ting of business transactions to computerized transactions occurred in the accounting and administration offices. The employees were given one month to learn how to use the computer. The employees were taught the basics of the computerized work process. The management emphasized the importance of accepting the many advantages of using computers. First, the use of computers hastened the employees speed in terms of encoding all business transactions. Second, there are lesser unintentional errors committed by the human employees. The computers do the addition, subtraction, multiplication, division and other routine jobs. The computers can use excel formulas to lessen the time needed to compute for the mathematics results.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Economical, technological, or business factors driving the event In terms of technology, V Nilakant (2006) reiterated the stif f competition from the company’s market segment drove management to have an edge over the competitors. With the employees’ early submission of the balance sheet, income statement, and statement of cash flows, management will have more time to scrutinize the financial statements. With the longer analysis of the financial statements, the responsible managers can create better innovation in terms of competing in the same market segment. In terms of economics, Charles Moyer (2010) theorized management that will be able to retrench employees who are redundant. With the advent of the computers, some employees have to be removed in order to save on salaries and wages of the employees. With the computers, some of the employees will become useless. The computers have replaced the work of some or all of the employees with the computers. The company will save more money using the benefits of the computers over the annual increases of the old employees’ salaries. In terms o f the product, the company is proud to introduce a new innovative product line. The new product line incorporates the old benefits of the products. In addition, many new advantages have been incorporated into the paper. The company can sell the new products faster when comparing the company’s current products and services. The increase in sales is due to the company’s introduction of the latest products to the current and prospective customers. One clear advantage is the decrease in customers’ product returns. The product returns occur when the customers observe a damage that occurs when buying the kitchen equipments. With the new products, the customers will have longer time playing or tinkering with the current and prospective clients. The individuals or groups involved in the change and transition Antje Drechsler (2011) points out that there are many individuals involved in the change and transition. First, the president of the organization is instrumental in ensuring that the change from the manual accounting system is very successful. The other officers of the company are eagerly explaining to the rank and file employees numerous benefits of accepting the new computerized accounting system. The human resource management staff continually sets up meetings to discuss benefits of embracing the new work processes. The new system will focus on ensuring that the employees will have more time to edit their prepared jobs.Advertising We will write a custom essay sample on Change Management as a Complicated Transaction specifically for you for only $16.05 $11/page Learn More In turn, management will have more time to know if some of the innovative employees have maximized their work outputs. Some of the employees will spread the news that the computerized working environment is better compared to the manual recording of business transactions. With the advent of information technology, the clients can receive their financial statements earlier when compared to the manual encoding of their employees. Annabel Beerel (2009) insists there are many key players from senior leadership. The chief financial officer is in charge of ensuring the financial statements arrive on or before the required deadline set by the requiring department. The chief operating officer oversees the success of the new computerized marketing system. The president approves the implementation of the new computerized accounting system. The new system uses the quickbook accounting software, quicken accounting software, Microsoft word software, Microsoft excel software, Microsoft power point software. Likewise, the employees are the other key players for they are the persons required to comply with the organization’s latest recording instructions. The head of the human resource department plays a pivotal role in training the employees to become adept in the new work environment. Front-line workers affected. Mid-level manag ement volunteers There are front-line workers affected. The front-line workers are the accounting staff. In addition, the front line workers include the line employees in the accounting department. The two front-line employees are the ones directly affected by the change to the computerized working environment. The suppliers send their instructors to train the company’s accounting personnel keep up with the new accounting system’s work requirements. The supplier of the accounting software is an expert on how to use the icons displayed on the computer desktop screen. The supplier’s training sessions will surely augment and hone the line and staff accounting employees to metamorphose into a more advanced and higher quality paper on time. The internal expert (human resource department head) and the external expert (the supplier’s computer expert) both combine their styles, time, and efforts to ensure that the line and staff employees will be equipped with th e latest computer knowledge to deliver high quality accounting software to the employees. W. Bridges’ three phases of transitions applicable to the event First,Ending, Losing, Letting Go: (helping deal with their tangible and intangible losses and mentally prepare to move on.) In the first phase, the management, human resource department and fellow employees will let the dismayed employee realize that the employee must let go of one’s comfort zone. The old employ is persuaded to let go of one’s current job itineraries. The resistant employee is convinced to accept the reality that there is nothing permanent in this world but change.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Second, the Neutral Zone: (critical psychological realignments and pattern change take place. Helping people get through the critical psychological realignment, capitalizing on all the confusion by encouraging all the employees, including the resisting ones, to be innovators. Eventually, the resisting employees will learn to accept that one’s work has to be changed for the better. Third, the New Beginning: (helping people develop the new identity, experience the new energy, and discover the new sense of purpose that make the change begin to work. The resisting employees’ resistance disappears. The formerly resisting employees are now revitalized by their focus on creating a new identity (Bridges, 2010). Reflections: Event Outcomes and Opportunities There are positive outcomes of the event. Everyone is happy. The managers are some of the luckiest persons within the company. Resistance to change to the new work process has been easily overcome. The accounting clerk is no longer resistant to the use of computer software to hasten one’s financial report output. In addition, friendships have strengthened being freely given to the slow-learning and disgruntled employees. The expert employees are eager to help the slow learning employees with their new job responsibilities. In terms of opportunities, management has seen that it is easy to revise the current work itineraries. The employees have learned many new tricks of the trade. The employees have gained new knowledge that increases their production outcome. The introduction of the new computer system increases the employees’ volume of work output. Recommendations In terms of recommendation, it is highly recommended that all employees will be persuaded to implement the best work process. The best process would increase revenues. The best process will reduce costs and expense. In the end, the company’s net profits will increase significantly. Based on the above discussion, change m anagement is a complicated transaction. The change has to be implemented. The change management includes ensuring change that should be implemented by reducing resistance. Indeed, change management can be best put into successful motion by using the three phase process. References Beerel, A. (2009). Leadership and Change Management . New York: Sage Press. Bridges, W. (2010). Managing Transactions: Making the Most of Change. New York: REadHowYou Want Press. Drechsler, A. (2011). Employee Resistance . New York: Grin Press. Moyer, C. (2010). Managerial Economics. New York: Cengage Press. Nilakant, V. (2006). Change Management: Altering Mindsets in a Global Market.  New York: Sage Press. Paton, R. (2008). Change Management. New York: Sage Press. This essay on Change Management as a Complicated Transaction was written and submitted by user Danielle Travis to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Greeks contributions DBQ essays

Greeks contributions DBQ essays Throughout history the ancient Greeks have made many contribution to the western civilization. They made advances in the areas of art, architecture, drama, philosophy, math, and science. These contributions have influenced the western civilization, and are still used in the world today. The ancient Greeks have made contributions in the two areas of art and architecture. For example, the ancient Greeks built the Parthenon, which is a temple built in honor of the goddess of wisdom, Athena (Doc.7). The Parthenon had columns built in the front it. The western civilizations used columns in some of their architecture, like the Lincoln Memorial. Another contribution is the famous sculpture known as the Diskabolus or the Discus Thrower (Doc. 8). The sculptor of this sculpture was showing that men should be physically fit. He also used very detailed lines to show how strong and fit the men in Greece were. Today artists use very detailed lines to show what something or someone actually looks like, just like the ancient Greek sculptor of the discus thrower. Even though some information is known about the Greeks contribution of art and architecture to the western world, we no even more about their contributions in the fields of math of science. A famous Greek physician named Hippocrates made advances in medicine. He created the Hippocratic oath, which promised that a physician would help a patient according to his ability and judgment. Also a physician will never give any deadly medicine to anyone if asked (Doc. 4). The Hippocratic oath is still used in the western civilization today. Many medical schools make all their doctor graduates say this oath. The mathematicians named Euclid and Pythagoras made some of the advances in math. Euclid said that if two straight lines were to cross each other, the vertical, or opposite angles would be equal (Doc.5). Euclids law is still used today to teach geometry. Pythagoras created the Pythagore...

When are people justified in rebelling from a government Essay

When are people justified in rebelling from a government - Essay Example Simply put, whenever a government fails to keep up the social contract it has with the citizens, rebellion against that government becomes justified according to Locke and that rebellion is not illegal or unjust. Therefore, it is important to understand the social contract, the idea of rebellion and how Locke sees the legitimacy of government for any student of History, sociology and even philosophy. Additionally, comparisons can be made in terms of how other philosophers such as Hobbes have seen the legitimacy of government as opposed to Locke to fully understand the position Locke takes on what a government should do to keep the social contract. The social contract theory is a common concept used in many different fields such as political science, economics and sociology. It basically suggests that there is a contract which exists between the state and the individuals who are part of the state regarding their individual rights and privileges. A social contract can also exist between a company/organization and its members or a social group and the participants of the group. The idea of a social contract has been developed and expanded greatly by philosophers such as Jean-Jacques Rousseau, Thomas Hobbes and John Locke amongst many others (Wikipedia, 2006). However, the Ideas of Locke are very important in this case because he was the first to establish the criteria for a social contract and then establish the course a people should take up if their own government does not uphold its end of the bargain. Hobbes was the earlier of the two philosophers and outlined his ideas concerning a social contract in his magnum opus titled Leviathan. Hobbes suggests that the natural inclination of mankind breaks men into strong and weak. The strength of a strong man may come from his physical abilities or his mental prowess but in either case, he has an advantage over the weak. However, this

Interview Essay Example | Topics and Well Written Essays - 250 words

Interview - Essay Example I feel I need a PhD to enable me contribute to society in an expanded capacity owing to the immense knowledge I will have acquired. Should you send an American teacher to tech here in Saudi Arabia, I would be more than willing to help him understand the nutrition situation in the country, and the best way to pass his knowledge, and how to overcome cultural and environmental barriers in his work. In the course of my teaching at the university, I have interacted with great minds ready to make Saudi Arabia literate as far as nutrition is concerned. Upon their graduation, I am confident these young men and women have taken up this role in various capacities. We have also held a number of seminars and workshops to educate both the university and the community on nutrition. I believe a good classroom is one that incorporates both the peer-to-peer group and instructor-led formats. Such a classroom should embrace the use information technology, such as laptop computers among other gadgets in the dissemination of knowledge. I would not have any problem in regard to the practice in doctoral studies, where the student does not just receive information from the teacher. This is because I believe education is a two-way process where both the instructor and the student play their individual roles. In any case I would prefer a more student-centered learning system to an instructor-centered