Business opportunities Essay Example | Topics and Well Written Essays - 250 words

Business opportunities - Essay Example The business should also possess a unique and superior way of doing things. Building an efficient scalable plan requires an entrepreneur to focus on the consumers as the critical component of the business growth. A business that values customers attracts them and enables them to spend considerably. This also ensures sustainability whereby more customers are anticipated in the future than their current numbers. A scalable plan should describe the industry of operation of the business and identify a niche that the competitors cannot fill. Focus on the business’s environment can be especially difficult if the competitors are of the same size or experience the difficulties of monopoly dominance. Once the business has identified the marketing niche, it should apply the necessary strategies that enhance its expansion into a prominent player. Health care scalable plan focuses on strategic performance, project management and process improvement (CeÃŒ line, BeÃŒ rard and Luc, Cassivi 160). The emergency management operations have been improved through improving the emergency response and crisis management. The health care has also focused on application of the technology in the improvement of the business operations and dissemination of the health information related to health. Performance has also been enhanced through improved training of the employees to equip them with the necessary information related to improved productivity in the changing health environment. How can the management tools be applied in health care to ensure

Alternative Dispute Resolution Essay Example | Topics and Well Written Essays - 1500 words

Alternative Dispute Resolution - Essay Example According to the research findings, Alternative Dispute Resolution (ADR) entails an independent third person termed as â€Å"neutral† whose function is to attempt to resolve or slim the areas of disagreement. Employment of ADR in early stages of the case can lead to a better-organized, cost-effective declaration of conflicts with intense contentment to the involved parties. A massive preponderance of the civil cases, encompassing marital divorces, filed in several courts across the nation is resolved using ADR. The effectiveness of ADR made it to be recommended in the Woolf Report 1996. Lord Woolf of Barnes who is professor and Chairperson of the UCL Council had an ancient interest in alternative dispute resolution and mediation. His report, admission to justice, 1996 was recognized to have been an accelerator for the growth of ADR in England. He had massive interest on the subject to extend of lecturing on ADR in both the United Kingdom and several countries overseas. He also presided over the system of the leaders of Supreme Trial Courts of the working group of European Union on its International Dispute Management Advisory Group, initiated in 2005. Therefore, Alternative Dispute Resolution is highly effective and cannot fail to be acknowledged by prominent people like Lord Woolf. That is the reason why it was recommended in the Woolf Report 1996. The paper presents three types of ADR and state where they are likely to be used.... That is the reason why it was recommended in the Woolf Report 1996 (Stephen and Marsh 2002). Give three types of ADR and state where they are likely to be used. Types of Alternative Dispute Resolution Conciliation This is the initial stage in the arbitration process particularly in consumer conflicts, and the conciliator is normally a member of the trade union. Both the consumer and the supplier have to issue written specifications of the complaint, encompassing any evidence whereby the conciliator provides a judgment on the best resolution (Totaro 2008). Any verdict is not obligatory and cannot stop the consumer from filling the case in a court for further action. If the consumer opposes the opinion issued, the consumer can then progress to the arbitration stage or consider going to court. The conciliation process does not involve any charges. Arbitration Arbitration is the process of resolving conflicts in which both the consumer and the supplier concur to accept the decision of th e arbitrator as legally obligatory (Schwartz 2005). This shows that the consumer can no longer take the case to court for further action, not unless the supplier fails to pay the award needed. Note that, unlike the conciliation stage where the conciliator is just a member of the trade union, the arbitrator mist be a member of the Chartered Institute of Arbitrators and mostly makes independent decisions that are not related to the trade. The arbitrator always comes to his or her only conclusion after going through the written evidence presented by both the consumer and supplier (Lynch 2001). The decision is private and cannot be publicized without the accord of the supplier. The consumer has to pay the registration fee, which may be reimbursement if the case favors him or her. Certain

The History and Journey of the Navajo Indian Tribe Essay

The History and Journey of the Navajo Indian Tribe - Essay Example There is an overwhelming source of works written, researched, viewed by people from all walks of life on the Navajo Indian Tribe. The enormity of information and data would already reveal the abundance of valuable wealth this tribe have shared to the history and culture of the American people. Who exactly are the Navajos? How come so many historians, anthropologists and scholars have been interested to know them and to be part of their cultural heritage? Where have they originated? What were their challenges and successes as a people? How are they now? The objectives of this essay are briefly summarized as follows: 1.To gain knowledge on the Navajo Indian Tribe: their attributes and characteristics, way of life, culture, livelihood and religious practices. 2.To explore their history and journey with them through time. 3.To determine their contribution to the human race. It is the objective of this essay to present their historical path and determine their legacy to the future. II. THE NAVAJO INDIANS The Navajo Indians are the largest tribe of North America. According to articles on the Navajo People found in Wikipedia, â€Å"the name ‘NAVAJO’ comes from the late 18th century via the Spanish (Apaches de) Navajo, Apaches of Navajo, which was derived from the Tewa navahe, ‘fields adjoining a ravine’†. It is interesting to note that the Navajo call themselves DINE, which means, â€Å"the people†. They now occupy a large area of cultivated land, named NAVAJO, in what is now Arizona and New Mexico.

John Wycliff's contribtions to the christian religion Term Paper

John Wycliff's contribtions to the christian religion - Term Paper Example Other individuals believed in giving out offerings so that they can receive forgiveness for their sins (McDonald 139). John Wycliffe acquired his college education at Morten College at Oxford, which acted as a fundamental tool in his career. This is becoming a significant and reputable icon towards building Christian faith. During Wycliffe’s time, the church had a dominant force in almost all areas of life. The church utilized its power to exploit fellow Christians in a variety of ways. For instance, Christians were to pay for their sins whereby mode of payment was money or gifts meant for the ministers (Phillips 26). Most people were in bondage of the church and its sacraments based on how it expressed and ensured its power manipulated Christians. This prompted Wycliffe turned out to be the then fearless critical of the church’s abuse of power (Davis 98). Hence, becoming popular due to his stern stand and criticism on the church though he based his arguments on the word. The then secular government was an example of a reputable organization that boosted and sided with him in its quest to reveal how the church had become and taken advantage of its congregation’s ignorance. Government’s support was in form of preventing the church from directly condemning the emergent critic whose arguments were justifiable besides the church some of the dealings being unbiblical. Wycliffe was also a significant workforce in the reformation of the church. During his time, the church seemed own a large area of England besides having an unconquerable influence (Lavinsky). Instances of corruption characterized the mainstream church more so the clergy taking advantage of the ignorant faithful. In addition, the clergy contrary to what their vows stated proved to be immoral besides sometimes allowed to pass certain stages without accomplishing the required measures, hence the church during then producing illiterate priests (McDonald

Sir Richard Bramson and the Virgin Group of Companies Essay

Sir Richard Bramson and the Virgin Group of Companies - Essay Example The success of his prestigious group of companies is a confirmation of his ability to apply the necessary management skills and strategies required for successful businesses. Sir Richard Branson had no initial intentions of becoming an entrepreneur although this did not prevent him from building his status as one of the most successful entrepreneurs globally. Having launched a student magazine at the age of sixteen and managed a student advisory centre, Branson had a background in business establishment and management i.e. habitual entrepreneur (Branson, 2011; Shavinina, 2008: 9-15). However, the success and expansion of the Virgin Group led to incorporation of other business ventures making him a portfolio entrepreneur. Some of the personal entrepreneurial characteristics that have enabled Branson to emerge as an exemplary entrepreneur include his high level of motivation, high levels of self confidence, abundant energy levels and the ability to sustain the entrepreneurial approache s in long term (Branson, 2011). Additionally, he has exhibited his worth as a risk-taker, the ability to set achievable goals, innovation and a problem solver (Bolton and Thompson, 2000). He variably contributed to the entrepreneurial sector through the establishment of a brand image and identity of the Virgin Company in the global markets. The company’s marketing strategies prioritises on the customers; improving loyalty. His management skills have led to the growth of the company to international standards. The employee commitment that the company exhibits indicates that Sir Richard Branson possesses effective employee management skills that keep employees always motivated. The dedicated and united employee team has utilised the business and marketing strategies associated with the business to constantly enable the business improve performance. Application of these strategies in all marketing segments has enhanced the application of innovation in all marketing segments. Ana lysis of the Virgin Group of companies exemplifies the entrepreneurial characteristics of Branson. Entrepreneurship can be defined as a process whereby individuals or group of individuals apply organised efforts in the pursuance of opportunities (Kuratko and Hodgetts, 2004). An entrepreneur should target to create value and growth through innovation and maintenance of uniqueness. This has been the main factors that have enabled Virgin Group of companies to be successful since its establishment. According to Shavinina (2008), the formation and management of the affiliate companies of the Virgin Group exhibits adherence to the entrepreneurial process. The initial stage of the process involves the exploration of the entrepreneurial context. For instance, the establishment of Virgin Airlines was Branson’s attempt to offer reasonable freight charges for transatlantic flights. The second stage involves identification of the possible opportunities that guarantees competitive advanta ge. The venture is then established once the opportunities are identified paving way to management once all its structures are in place. According to Carmichael (2006), Branson’s skills portrays him as a transformational entrepreneur due to his insistence on maintaining Virgin Group of companies as an organisation characterised by informality and

International Monetary Fund and World Bank Essay

International Monetary Fund and World Bank - Essay Example "Due to their considerable financial resources, technical assets, and global presence, the IFIs1 (i.e. the World Bank and the IMF, S.K.) have the capacity to assist in maintaining or recreating an environment of peace and stability."2 The World Bank's focus is on the provision of long-term loans to support development projects and programs. The IMF, on the other hand, concentrates on providing loans to stabilize countries facing short-term financial crises. The World Bank and IMF are directed by the governments of the world's richest countries. Combined, the "Group of 7"3 holds more than 40% of the votes on the Boards of Directors of these institutions and the U.S. alone accounts for almost 20% of the votes. It was the U.S. policy during the Reagan Administration in the early 1980s, to expand the role of the World Bank and IMF to manage developing economies4. The statutory purposes of the IMF are, first, utilizing a permanent institution for the purpose of ensuring international monetary cooperation which also makes available expertise to deal with relevant problems. Second, bringing about an increase in the balanced growth of international trade, which will result in significantly reduced levels of unemployment. Third, ensuring that the stability, orderly arrangements and avoidance of competitive depreciation in respect of exchanges is maintained. Fourth, elimination of restrictions which hinder world trade by helping in the establishment, in respect of current transactions, between members. Fifth, reducing the duration and lessening the amount of disparity in the international balances of payments of members5. Their fundamental difference is that the World Bank is primarily a developmental institution whereas the IMF is a cooperative institution that seeks to maintain an orderly system of payments and receipts between nations. Each has a different purpose, a distinct structure, receives its funding from different sources, assists different categories of members and strives to achieve its distinct goals through methods specific to itself. The primary aim of the World Bank was the financing of economic development and accordingly, the Bank's first loans, during the late 1940s, were disbursed in order to finance the reconstruction of the war-ravaged economies of Western Europe. When these nations recovered some measure of economic self-sufficiency, the Bank turned its attention to assisting the developing countries, to which it has given more than $330 billion as loans. The World Bank's main aim is to promote economic and social progress in developing countries, by bringing about an increase in their productivity in order to enable their citizens to have a better quality of life6. The IMF is involved in key policy negotiations with regard to the exchange rate and the budget deficit. The monitoring of country's economic performance by the IMF provides the basis of so-called IMF surveillance activities over members' economic policies. The World Bank, on the other hand, is far more involved in the actual reform process through its country-level representative office and its numerous technical missions. Moreover, the World Bank is also present in most of the line ministries; the reforms in health, education, industry, agriculture, transportation, the environment, and so on are under

Limitations and Requirements of ANOVA Essay Example | Topics and Well Written Essays - 500 words

Limitations and Requirements of ANOVA - Essay Example The samples’ variances should not be different though some departures can be accommodated. All individuals used in the samples must be selected randomly from the population. All individuals of the samples must have equal probability for being selected. The sizes of the sample should be equal but there is an allowance of some differences. One of the limitations of ANOVA is that, when a significant data difference cannot be found, the samples cannot be said to be the same. It only indicates differences between groups and not groups which are different. Normality assumes that the errors which are random within each group of treatment, the groups’ mean deviations, have a normal probability distribution. For normal data but variances which are heterogeneous, ANOVA is good for balanced designs but not for designs which are highly unbalanced. In normal data setting, heterogeneous variances and designs which are unbalanced, Welch’s ANOVA might be used for the accommodation of unequal variances. With variances which are homogenous but data which is non-normal, ANOVA is good for designs which are balanced with large samples. It is not good for unbalanced designs with small samples. In non-normal data setting, variances which are homogenous and a small sample or unbalanced design, a non-parametric procedure is preferred. If the distribution of data is not normal and heterogeneity of variances exist, there might be transformation necessity. The importance of a design which is balanced and existence of a large sample must be pu t into consideration. A common standard deviation is shared by all normal distributions. The different t-test options can be used around the equal variances assumptions or unequal variances assumption. The f-test, apart from being used to for t-tests, it can also be used to compare variations in two data sets in the CJ data. The test makes use of a calculated F stat