Reflection on semester 2 ( task) 4 manaement skills Essay

Reflection on semester 2 ( task) 4 manaement skills - Essay Example My grades were satisfactory. Apart from preparing myself for business courses, I had for several years been undertaking English classes at several institutions. Now, I am studying business management level 1 at university of surrey. Although my progress in surrey university is not what I am seeking to, I believe that I have the ability to improve my performance in my higher-level classes. Regarding my progress in the university was not because of my ability, it was a result of negligence. I have passed all the courses for last semester with fine grades. I have no doubt that I can improve my performance this semester. I was born in Qatar and I have lived in Doha city. After completing high school, I had taken some English courses in USA in different places as an employee in the Arabian International petroleum Corporation. Then I have worked as Public Relations Officer for three years in same company. In addition, I have worked as Marketing Coordinator for three years but in last year, I joined their subsidiary company, ITAG in Celle Germany. Since I am taking management skills in semester 2 I have taken a self-audit using the different standards, which are given in learning skills profile of pebblebad. This evaluation of my self-audit clarifies many things that help me to improve my learning skills by figuring out my S&W. In addition, give me chance to compare my level between semester one and two. This comparison leads me to keep my strengths and develop my weakness throughout e-learning recourses. During semester 1, my performance was not satisfied enough. I did not contribute very well with my group and I missed one meeting. Although, I can use ulearn quite good I never participated on discussion board. I have the ability to read academic books but I do not read much. However, sometimes I find it difficult to understand some text in specific subject. I am good at researching but what I am

Executive compensation as a Macroeconomics topic Essay

Executive compensation as a Macroeconomics topic - Essay Example As for the advocates of free market economy, business cycles are normal (McConnell and Brue 134). But during the past years, its ability to correct itself is being put to question and so the need to apply other agents’ help was seen. Macroeconomic fluctuations affect corporations’ performance through demand and cost conditions (Oxelheim, Wihlborg and Zhang, par.1). These days, CEOs and high-level managers are being hired by companies to assist them in their operations. Of course, their services will not be free of charge, as a matter of fact, they are well paid. But problems arise because they are now seen as contributing factors to the large cost for companies causing disequilibrium. Many believe that U.S. executive compensation is badly out of equilibrium (Paulin 1). This is because of the very high compensation that these managers charge in relation to their services rendered to the companies. The equilibrium in the market is being disturbed by the widening gap in th e rate of executive compensation and other people doing the same jobs in other parts of the world as well as the rank and file employees. If in the first place, CEOs and managers are employed to help solve the imperfections of the market but because of the too much cost of compensation they ask which is also believed to be out of equilibrium, they are adding up to the failures of the free market system.

International Business Management Essay Example | Topics and Well Written Essays - 1000 words - 1

International Business Management - Essay Example For example, cost of wages paid to casual employees in a company. Indirect labor refers to labor that is not directly related to converting raw material to finished products. An expense refers to all cost incurred in the production of finished goods other than material and labor costs (Drury, 2008: p28). Revenue is an increase in the net worth resulting from a transaction. In business, revenue is the money received from selling products or services. It is collected when it is earned. Revenue consists of three items; total revenue, average revenue and marginal revenue (Jain, 2011: p43). Total revenue (TR) is the total income of the firm. TR= Quantity * Price. If a firm sells 1000 blankets at a price of $200 each then the TR will be $200,000. Average revenue (AR) is the revenue per unit of sold output. AR= TR/Quantity. For example if the revenue for sell of 1000 blankets @ $200 is $200,000 then AR= 200,000/1000. AR= $200. Marginal revenue (MR) refers to additional revenue incurred from the sale of additional output. For example, if the TR realized in the sell of 1000 blankets id $200,000 and that from the sale of 1001 is $200,400 the MR of the 1001st blanket is MR= $200,400 – 200,000. MR= $400. Managers need to scan for factors that affect the viability of their organization in order to maximize their profits and remain competitive. These factors are both internal and external. They include politics and law, technological factors, culture, and governance. The success of the organization is dependant on how managers strategize these factors in order to achieve prosperity. In the current global marketplace, culture is a key influence on the success of the firm. Culture influences the entrance and sustainability of an organization in the international market (Hill, 2012: p 235). Managers have to learn and understand cultural differences with their international suppliers and consumers in order to create a direct contact.  

E-Payment Systems Assignemnt Assignment Example | Topics and Well Written Essays - 1250 words

E-Payment Systems Assignemnt - Assignment Example The report will also try to underline a comparison among the mentioned methods. Apart from that the report will also emphasize on the aspect of database security of the seller. Table of Contents Table of Contents 3 Introduction 4 Method 1: Credit or Debit Card 5 Method 2: Cash on Delivery 6 8 Method 3: Mobile Phone Payment 8 Matrix Comparison 10 Security 11 References 12 Introduction In spite of the incident of dot-com bust, internet has changed the way organizations carry out their business. Internet helps an organization in finding new avenues of generating revenue, achieving new set of customers and also managing the supply chain of the business. Internet has significantly impacted on the global economy (Reynolds, 2004, p.5). Organizations also understood that internet is one the best medium of carrying out the business in a cost effective way and directly selling the products to the end user, thereby restricting entry of any third party. Thus during the early 1990’s the co ncept of e-commerce were hugely incorporated into the business process of the organizations. Electronic commerce or what is commonly known as e-commerce is an application which facilitates online selling and buying of goods and services. It offers online fund transfer; Electronic Data Exchange (EDI), online marketing and different other applications. The major advantages of using e-commerce are maximization of speed in the context of service delivery, reduction in the overall cost and also quicker response to the customers. Electronic commerce also plays crucial role in the process of online payment. Online payment method refers to the process of directly transferring funds to the seller’s bank account. The biggest advantage of an online payment option is that it instantly completes the entire process of payment. The electronic payment options which are accepted in e-commerce include credit cards, debit cards, cash cards and internet banking. Furthermore in order to conduct i nternational money transfers there are several online platforms such as PayPal, alert pay and Google checkout among other which aid in the process of transferring money. Therefore in order to facilitate online payment options issues such as convenience of customer and technical infrastructure and the security of the method must be taken into account. Thus modern systems need to be incorporated for better and smoother transaction. The recommended methods of payments are summarized below:- Method 1: Credit or Debit Card A debit or a credit card is one of the most widely used and accepted method of payment. Credit cards or debit cards are generally issued by banks or any other financial institutions. In this payment method the user directly transfers the money to the seller’s bank account either from its own bank account or through the credit issued by the banking authority. The process is also very simple, thus it will provide huge convenience to the customers. Furthermore it a lso consumes very less time the payment process can be carried out within few minutes. In case of customers making use of credit card they need to repay it later to issuing authority while on the contrary debit card users pay real time from their respective bank account (Radu, 2003, p.2). The option also provides high security to both the

The Appeal of Horror Movies Essay Example | Topics and Well Written Essays - 2750 words

The Appeal of Horror Movies - Essay Example Horror movies have a cathartic effect on the viewer. Many fears, suppressed in real life because of the expected ridicule from peers, can be given vent to at the film: Arachnophobia permits a boy to scream aloud and give vent to his very real fear of spiders. Horror movies also give the viewer emotional escape from real-world anxieties, such as unemployment or debt. Â  Horror movies provide an opportunity to exhibit gender roles. Men can show that they are not afraid, while girls are free to act quintessentially ‘feminine.’ There is also the social satisfaction of belonging to a group which exhibits similar reactions. Most often, horror movies are viewed in a group. Â  Horror movies satisfy a very real need in humans. The stimulation of the senses gives a keenness to mundane lives; suppressed emotions find expression; there is an escape from the stress of the real world; social bonding is facilitated. It is obvious that horror movies satisfy a basic need in humans. Long live Horror Films! Â  From the time of Icarus, man has always dreamt of flying like the birds. This dream became a reality with the Wright Brothers, and travel by air is now very much a part of modern life. Air travel has improved life through the speed of transport, but has the negative effect of increasing global warming and adding to man’s destructive capabilities. Â  One undeniable benefit of air travel is the factor of speed. This speed is a great advantage for the emergency transport of both people and goods, particularly in inaccessible terrain. People can be rescued from disaster zones, airlifted for medical aid, and save time on travel. Perishable goods, medical supplies, and relief can be transported rapidly to areas of need.

Marketing Research Tools Paper wk 3 Essay Example | Topics and Well Written Essays - 1000 words

Marketing Research Tools Paper wk 3 - Essay Example On the other hand, research areas having ample and reliable data available require use of information extracted from secondary sources. According to nature of sources and research methodology, different tools are selected and used by researchers. All these tools have their own use, advantages and disadvantages. Therefore, it is important for researchers to ensure that research tools are selected that are suitable for the nature of research approach i.e. primary and secondary and research methodologies i.e. quantitative and qualitative. Primary research itself consists of data collection from original resources. Primary research can employ qualitative and quantitative research methodologies and there are various tools that can be used for this research approach. Usual tools used for this research includes surveys, interviews, direct observations, experimentations, and focus groups. These tools help in collecting data that is specific to the needs of researcher. Furthermore, researcher s can levy necessary controls on the research process to maintain the integrity of data collected and using it appropriately for the purpose of research (Baker, 2012). Hence, it is possible for researchers to ensure that data collected is valid and trustworthy along with being authentic and reliable. These research tools are usually time and cost consuming however due to direct relevance to the research purpose, it is preferred for areas of research that have not been explored earlier or to corroborate with existing studies (Onkvisit & Shaw, 2008). As far as secondary research is concerned, it is use of data that is already available from existing sources. The tools available for secondary research include information available on the internet, market research conducted by government and individual market research firms, data available on firms’ websites and stock exchange, information from public and private agencies, personal records and published print sources (peer-review ed papers, books and journals) (Baker, 2012). While using secondary data, it is important to ensure that the data is appropriate for the purpose of research. Relevance of data in terms of time period is another major issue that researchers need to take care of. However, sometimes use of secondary data is beneficial as it is readily available and relatively cheap (as the original research expenses have been already incurred). While performing primary and secondary research, quantitative and qualitative research methodologies can be used depending on the nature of research. While selecting a research methodology, the purpose of research and type of information required for the research is determined which further shapes the nature of research. In quantitative research, the usual tools used for primary research are surveys, financial figures produced by the entities themselves, experiments and numerical readings produced by them, statistical modeling and examination through stratificat ion and segmentation (Onkvisit & Shaw, 2008). These tools help in acquiring first hand information which is reliable, valid and objective yet expensive to acquire. For quantitative research to be performed through secondary sources, the tools used can be numeric modeling and statistical analysis. These tools are used to perform correlational analysis of data already available through print and electronic sources. Example of it can be examination of industry performance by performing statistical examination of market

International Trade and Finance Speech Research Paper

International Trade and Finance Speech - Research Paper Example macro economy. 1. What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the U.S. businesses and consumers involved. There are two common things that happened when there are surplus imports in the US economy namely: The domestic producers tend to experience low sales volume and lower incomes (Sherman & Hunt, 2008). This is because imported goods tend to be sold at lower price in the domestic market than locally manufactured goods (Sherman & Hunt, 2008). On the other hand, locals consumers tend to enjoy low prices charges as imported goods are sold at reduced prices relative to locally manufactured products (Sherman & Hunt, 2008). In above connection, when imports are higher than exports then an economy is said to be experiencing unfavorable balance of trade (Lasher, 2010). Examples of products that have a surplus import include: oil product, clothes and electronic items (Sherman & Hunt, 2008). It was reported that the US economy imported several barrels of petroleum oil and gases from countries like; China Iraq, Japan to name just but a few. This has made the prices of oil to escalate causing suffrage to the locals (Sherman & Hunt, 2008). ... For example in 2007, exports were 12% while imports were 16% this led to a decrease in GDP growth rate (Economy Watch, 2010). Therefore, International trade affects domestic markets into two major ways namely; it help to broaden domestic market as more business venture are being established (Economy Watch, 2010).Secondly, it has led to closure of local markets because they sell their products cheaply than domestic markets (Van & Lewer, 2007). University students like me have been adversely affected by international trade in the sense that there has been a lot of cultural and technological exchange with the foreign students. This has led to positive trade balance (Van & Lewer, 2007). 3Â · How do government choices in regards to tariffs and quotas affect international relations and trade? The application of tariffs and quotas involves placing trade restrictions to the foreign countries on the quantity of imports (Lake & Powell, 1999). Normally, tariffs’ and quotas are employed by countries in attempt to protect domestic industries, consumers and infant industries (Lake & Powell, 1999). This means that application of quotas and tariffs creates trade barriers between the countries, and therefore, preventing free and fair trade among countries (Lake & Powell, 1999). This may further affect international relationship by creating enemity as trading countries retaliate against each other by placing the same barriers in return (Lake & Powell, 1999). 4Â · what are foreign exchange rates? How are they determined? Exchange rates refer to the rate at which local currencies are exchanges with foreign countries (Rosenberg, 2003). The rates may determined by the market forces commonly known as; demand and supply market forces. Whereby, when there is