Designers handbags for women Assignment Example | Topics and Well Written Essays - 3750 words

Creators satchels for ladies - Assignment Example With the progression of time, the creator satchels have developed fame and ladies have moved from only totes to planner totes. Both may be viewed as the equivalent by numerous however for ladies, fashioner purses are explanation of their style, their one of a kind picture and their disposition. Fashioner totes have picked up prominence in various pieces of the world remembering for Asia. Ladies are currently more alright with the planner totes as opposed to simply cowhide purses. Originator satchels are the main selection of ladies with regards to choosing among purses and for the very explanation Luxurious has expected to give the clients a restrictive scope of planner totes in Asia. These planner totes offered to the clients are one of a kind and not the same as others in the market and in view of their uniqueness in style they are enjoyed by an enormous number of ladies. With the capability of the market and expanding request of the purses (Venugopal, 2010), this report investigations the chance of presenting one of the creator satchels offered by Luxurious in Indian Market. Indian Market is one of the most rewarding and exceptionally possible markets for satchels (Venugopal, 2010) and along these lines this report investigations the positives and negatives of the Indian market and how productive Luxurious can be on the off chance that it presents its purses in the Indian Market. With the expanding rivalry in the architect totes industry, there are various components that impact the purchasers to purchase the tote. Plan in spite of the fact that has consistently remained the most significant factor, however the cost has likewise had a significant influence to urge the customers to purchase the item. Lavish satchels in India would be offered with serious and truly sensible costs and this has been anticipated as the fundamental motivation behind why huge number of buyers would be pulled in to utilize the results of Luxurious. The serious cost of these Luxurious fashioner satchels would be useful in increasing more consideration as ladies are partial to gathering originator totes however because of the significant expenses huge numbers of them can't manage the cost of such sacks. There are number of components that would assist Luxurious with being effective in India and a portion of the central point incorporate; profoundly populated nation, request of extravag ance items including purses, buying intensity of India, and culture of India and so on. Extravagant can enter the market of India and it can open up its outlets in the Indian market and simultaneously offer its items online too. This choice depends on the way that the buying intensity of clients has extraordinarily expanded because of which the interest for quality planner purses have expanded and the pattern of online deals have additionally been expanding. Foundation India being one of the quickest developing economies of the world has a lot of potential than different markets of the world. The ladies in this district are more disposed towards planner totes than some other nearby totes accessible to them. The rising pay is another factor because of which the interest for the originator purses is favored over straightforward and nearby satchels. The principle motivation to choose this district over others is the likely development and openings that could be benefited in this market . India is rising as one of the creating nations on the planet. The architect purses industry in this nation is improving despite the fact that request globally has been diminished in view of downturn. With the ascent in the pay level in India, an ever increasing number of ladies are meaning to buy fashioner totes. The market has incredible potential for fashioner purses as style industry in this

Ellen Foster :: essays research papers

At ten years old, most youngsters are reliant on their folks for everything in their lives requiring a lot of consideration and care. In any case, Ellen, the fundamental character and hero of the novel Ellen Foster, represents a considerable measure of autonomy and develop, discerning idea as a ten-year-old young lady. The ongoing passing of her mom sends her on a journey for the perfect family, or anyplace her dad, who had demonstrated lack of care to both she and her delicate mother, was most certainly not. Kaye Gibbons’ utilization of basic lingual authority, plain discourse, and a one of a kind story structure in her first novel, Ellen Foster, permits the peruser to investigate the feelings and contemplations of this brave, ten-year-old young lady demonstrated after Gibbons’ own encounters as a little youngster. 	Kaye Gibbons’ encounters as a kid are the establishments for this stunning adventure of a youthful girl’s shocking recollections of her adolescence. As with Ellen, Gibbons’ guardians both kicked the bucket before she was twelve-years of age framing the premise of the plot and subjects of this novel. The affectionate recollections she had of her mom and the cruel ones of her dad are reflected in the musings and activities of Ellen. The oversimplified and humble disposition that the two Gibbons and Ellen typify in the novel is depicted through lingual authority and discourse all through the novel permits the crowd to increase a superior comprehension and individual empathy for both the character and creator. 	The tale is written in a short, uneven sentence structure utilizing straightforward word decision, or lingual authority, in a continuous flow to empower the peruser to see the novel in the judicious of an eleven-year-old young lady. One short, straightforward sentence is trailed by another , relating each in a simple progression of musings. Gibbons permits this surge of contemplations to again underline the whimsical view of life’s most noteworthy disasters. For instance, Gibbons utilizes the basic lingual authority and continuous flow as Ellen looks herself for the genuine individual she is. Gibbons utilizes this to show the peruser how Ellen is a normal young lady who appreciates everything ordinary youngsters relish and to differentiate the guileless clarity of the sentences to the profundity of the originations which Ellen has such an oversimplified method of clarifying. 	Gibbons’ and Ellen’s frightening past is connected in the novel through Ellen’s internal contemplations and the exchange between characters. Be that as it may, when Ellen chats with different characters, Gibbons decided not to utilize quotes or on the other hand any of the conventional techniques for reporting exchange between characters; she Ellen Foster :: articles explore papers At ten years old, most youngsters are subject to their folks for everything in their lives requiring a lot of consideration and care. Be that as it may, Ellen, the fundamental character and hero of the novel Ellen Foster, represents a considerable measure of autonomy and develop, discerning idea as a ten-year-old young lady. The ongoing passing of her mom sends her on a mission for the perfect family, or anyplace her dad, who had demonstrated aloofness to both she and her delicate mother, was definitely not. Kaye Gibbons’ utilization of straightforward word usage, plain exchange, and a one of a kind story structure in her first novel, Ellen Foster, permits the peruser to investigate the feelings and considerations of this courageous, ten-year-old young lady displayed after Gibbons’ own encounters as a little youngster. 	Kaye Gibbons’ encounters as a youngster are the establishments for this amazing adventure of a youthful girl’s deplorable recollections of her adolescence. As with Ellen, Gibbons’ guardians both kicked the bucket before she was twelve-years of age framing the premise of the plot and topics of this novel. The affectionate recollections she had of her mom and the brutal ones of her dad are reflected in the contemplations and activities of Ellen. The shortsighted and humble disposition that the two Gibbons and Ellen exemplify in the novel is depicted through lingual authority and discourse all through the novel permits the crowd to increase a superior comprehension and individual sympathy for both the character and creator. 	The epic is written in a short, rough sentence structure utilizing basic word decision, or expression, in a continuous flow to empower the peruser to see the novel in the balanced of an eleven-year-old young lady. One short, basic sentence is trailed by another , relating each in a simple progression of musings. Gibbons permits this flood of musings to again stress the whimsical view of life’s most prominent catastrophes. For instance, Gibbons utilizes the straightforward lingual authority and continuous flow as Ellen looks herself for the genuine individual she is. Gibbons utilizes this to show the peruser how Ellen is a normal young lady who appreciates everything typical kids relish and to differentiate the guileless clarity of the sentences to the profundity of the originations which Ellen has such a shortsighted method of clarifying. 	Gibbons’ and Ellen’s nerve racking past is connected in the novel through Ellen’s inward musings and the discourse between characters. Nonetheless, when Ellen banters with different characters, Gibbons decided not to utilize quotes or then again any of the proper strategies for recording exchange between characters; she

The best way to kill zombies

The best way to kill zombies… Hey guys! Remember me? I used to blog and stuff, until I became so hosed I could barely remember what day of the week it is. No, really. Several times lately Ive found myself saying, So a couple of weeks ago.no wait, that was yesterday. Then I mentally condensed two weeks into one, so I really had no idea what day it was. Ive also walked the whole length of the dorm with a bag of dirty clothes because I completely walked passed the laundry room without noticing. Seriously, the end of term *#!$ with your head. Anyway, I dont really have time for a whole entry, but I do have a few quick things to talk about. So, our good friend Ben Jones has a post-it note on his wall of a joke note passed between two of his coworkers. It says, I like you. Do you like me? Check one: _yes _no. Over winter break I stumbled across an awesome gift item that reminded me so strongly of this that I had to buy it for him. (Seriously, Five Below is the greatest store ever.) I kept forgetting to bring it to his office, but finally got around to it a couple of weeks ago. Anyway, Ben tried the gift out on me, and I dutifully followed his instructions. The image below speaks for itself. So, what do you think? Could I get money for that on eBay or something? The other thing I have to share with you is a simple image of the aftermath of 2.007 on my room. (2.007 is a design class where you spend the entire semester designing and building a robot to compete in a contest, which is taking place tonight. If that sounds familiar, it was part of the inspiration for FIRST.) Anyway, Friday was the last day to turn in your finished product, so I spent the entire week leading up to that moment doing nothing but eating and working on the robot. (Sleeping, not so much.) As a result, my floor was covered with aluminum shavings. And to no avail, since my robot doesnt work at all. =( Thanks to Ruth 07 for fulfilling her duties as Floor Vacuum Chair for one of the final times. (Ruth has never held any position on the floor except for being the person who stores the vacuum in her room, and it was a very momentous but sad occasion when she passed the duty off to Evan 10. Well miss you next year, Ruth!) Updates from the actual 2.007 competition will come later!

Violence in Our Schools Essay - 1257 Words

Violence in our Schools Children today are growing up in an increasingly violent atmosphere, both in society in general and in their schools. While there is no easy answer as to how to end this violence once and for all, we can look at some of the causes and take steps to contain that which we can. The main contributing factor in all recent school shootings has been the shooters’ feelings that they were bullied by and alienated from the rest of the children and were made to feel that they were not as good as their peers. Being targeted by the other children and having nowhere to turn to for help can cause a build up of more anger until, finally the alienated child is unable to take anymore. They struck out at their peers in what seems†¦show more content†¦These children are often from less fortunate homes and do not have good role models from which to learn coping and socializing skills. When these students are targeted, they have nowhere to turn and are at a loss as to how to end the harass ment. If they do go to parents or faculty, they are often told that they need to try harder to fit in. The awkwardness of the victims is frequently focused on instead of the actions of the bullies, leading to increased instances of poor self-esteem and feelings of isolation. In turn, this leads to the victims’ need to retaliate against the bullies, creating even more bullies in the system. Those who behave as bullies believe that they are â€Å"making a statement against society† by rebelling and causing more disruption in the school environment. When bullies are placed in settings they cannot control, they try to exert influence in the form of violent or threatening acts or words directed towards teachers and other students. They often get away with this behavior because of their tendency to surround themselves with others like them. They form small groups which consist of other children with low self-esteem and a history of delinquency, and together they are often intimidating, increasing their ability to terrorize without consequences (Bennett-Johnson, 2004, p199). Their disrespect for school rules and guidelines is often traced right back to factors they are exposed to outside of school, such as gang involvement, lack of parentalShow MoreRelatedViolence in Our Schools1176 Words   |  5 PagesCan Violence in Our School Be Reduced The problem we are facing today with violence in our schools is a major concern with communities all over the world. School violence wears many faces. It can be gang activity, locker thefts, bully and intimidation, gun use, or anything that products a victim. Violence is perpetrated against students, teachers, and staff and ranges from intentional vengeance to accidental killings and bystanders. Can violence in our schools be reduced? If so what do weRead MoreEssay on Violence in Our Schools671 Words   |  3 PagesViolence in Our Schools Most Americans dont understand the extent of violence in our school system today or simply dont understand how to address the issue. All we can seem to do is talk how bad the situation has gotten. Politicians and members of the press want to debate this issue to their benefit of gaining societies approval. Violence in schools has spread widely throughout the nation and has caused many problems among students, families, faculty of schools, and residents of theRead More Media Violence is Not the Problem - The Problem is in Our Homes, our Schools, and our Communities3259 Words   |  14 Pagesmovie, registering for the draft or to vote, buying guns, killing classmates†¦ Indeed, the dramatic increase in school shootings during the 1990s, in conjunction with the technology boom, drew much attention to mass media violence. Does media violence perpetuate aggressive behavior in its viewers? If so, to what extent? Do viewers retain models of behavior from their exposure to media violence? Do these models resurface later on during their coming of age? These are hard questions that may not have definiteRead MoreWhy School Violence Have Such Of An Effect On Our Society Today?1142 Words   |  5 PagesSpeech 131- T/TH 7:30 am Section 33282 Courtney Mathis ID # 2899247 Why does school violence have such of an effect on our society today? School violence is the intentional use of physical force or power, group or community, with the behavior likely to cause physical or psychological harm. Most school violence start from differences between teenagers. Like for instance about some weeks ago this girl named Amy Joyner died over this boy. The girls that jumped her was mad that she was datingRead MoreThe Effects Of Violence On Public Health Policy Essay1747 Words   |  7 PagesViolence compromises physical health and threatens the safety of our communities (Public health policy paper). In our nation violence continues to cause premature death, disability and injury yet there are insufficient efforts to prevent it (Public health policy paper). Currently, our interventions to prevent violence occur after a violent crime has occurred. The focus is to incarcerate individuals who have committed a violent crime (public health policy paper). We are failin g to fix the infrastructureRead MoreViolence and Education; School Safety937 Words   |  4 PagesViolence and Education: School Safety The most recent shooting at the elementary school located in Newtown, Connecticut have shifted our focus on the question of whether or not we are doing enough to protect our students in our schools across the nation. Every morning, parents send their children to school every morning trusting that they will be returning home the same day, but as we all know that isnt always the case for some. The tragedies that have taken place show that we need to pay moreRead MoreThe Violence Of South African Schools Perpetrated On Teachers By Learners Essay1690 Words   |  7 Pagesdictionary â€Å"violence is the use of physical force, usually intended to cause injury or disctruction. I strongly agree on this definition and to further more explain the definition, I will use King Shaka Zulu when he used violence in order to gain power or kingdom. We as African used violence to fight over white domination in our country that means violence in African people is running deep on their /our veins. Vio lence happens in many places but in this essay I will look at violence in South AfricanRead More Essay on Gender and School Violence1060 Words   |  5 Pagesrecent acts of violence by children have prompted us as a nation to look at the causes and possible solutions to this crisis in our schools. In fact, according to Public Agenda, a national organization that conducts public opinion research on educational issues, school safety was identified as the most important issue affecting schools by those surveyed (Johnson Immerwahr, 1994/1995). Yet school violence does not exist in a vacuum. It is directly related to the violence in our society. And forRead MoreIncreasing Violence in Youth Culture Essay1093 Words   |  5 PagesIncreasing Violence in Youth Culture In Bradbury’s dystopian classic, Fahrenheit 451, Clarisse says â€Å" ‘I’m afraid of children my own age. They kill each other’ † (Bradbury 27). Bradbury claims through Fahrenheit 451 that our society is becoming increasingly violent in youth’s culture. Furthermore, common sense seems to dictate that as technology advances violence, increases as well. Although schools are considered to be the safest places for children, media, behavioral problems, and influences insideRead More School Violence Essay1556 Words   |  7 PagesViolence in our schools is an issue that has become more prominent in the last few years. News articles about violent deeds within the school setting are on the increase. Our society demands that schools are safe for our children. In order to maintain a peaceful environment for all, we must address and inform our schools, children, and parents as well as the neighboring communities about the issue of school violence. As D avid W. Johnson, the author of Reducing School Violence states, â€Å"To eliminate

Illicit Trade and Drug Trafficking Proving to be a Major...

Illicit Trade and Drug Trafficking Proving to be a Major Problem Drug trafficking and illicit trade have proven to be major problems that the international community face as it enters into the twenty-first century. Currently the illegal drug trade market is one of the largest sectors of the modern global economy. Because of this fact, the drug trade is deeply rooted in many nations economic and social cultures, which makes it very difficult to control. Drug trafficking also brings with it the problems of organized crime money laundering, corruption, and violence. In 1999, the United Nations Economic and Social Council warned that the international drug trade was brutal, dangerous, and ruthless for those involved with its actions, as†¦show more content†¦The UNDCP is a global leader in the fight against illicit drugs and international crime. This sector of the United Nations provides information about the global drug problem enables the international community to identify drug control priorities. Founded in 1991, UNDCP works to educate the world about the dangers of drug abuse. The Program aims to strengthen international action against drug production, trafficking and drug-related crime through alternative development projects, crop monitoring and helps to draft legislation and train judicial officials as anti-money laundering program. UNDCP also provides accurate statistics through the Global Assessment Program (GAP) part of its Legal Assistance Program. In 1984 the United Nations passed the Declaration on the Control of Drug Trafficking and Drug Abuse, which demanded for the reduction of drug production. General Assembly members in 1998, also set goals of halving drug use and substantially reducing illicit production by 2008. In addition, the UN Convention against Transnational Organized Crime, signed in Palermo, Italy; December 2000, should aid in the eradication of all organized crime, including drug trafficking. However these actions alone will not solve the problems of international drug trafficking, if member nations do not take on these initiatives. Recently, indicators measuring the demand for illicit drugs have also started to receive international attention and haveShow MoreRelatedWhat Effect Has Narco-Trafficking Had on Colombian Politics and Society?3646 Words   |  15 PagesAbstract: Colombia is internationally notorious for the trafficking of illicit drugs, and for the past thirty years. Its impact of politics and society has been immense. This essay will highlight and expand to what extent have Colombia’s socio-politics been affected. 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While this is an international problem, Canada has seen such a drastic increase both within its own borders and organizationsRead MoreDrug Dependency And Drug Related Crime6861 Words   |  28 PagesExecutive Summary Efforts to decrease drug dependency and drug-related crime in the United States have had the opposite effect, introducing increasing levels of crime and drug use within its population. The war on drugs has been lost as more drugs continue to be smuggled across the borders, increasing number of people are using drugs illegally, and violence in the streets continues to climb. A number of arguments have been made in favor of legalizing some less harmful drugs, such as marijuana, as a meansRead MoreEffects of the United States Failed War on Drugs Policy Essay4544 Words   |  19 Pages                Effects of the United States Failed War on Drugs Policy Hector Arreola SSCI 306 MWF 10:40-11:50 AM March 14, 2012                                              Abstract The â€Å"War on Drugs† policy has been the approach by the United States to protect citizens from the harmful effects of illegal drugs. The article examines the failures of the war on drug policy has had on society, such as, increasing violence, increasing the

Estimation of Production Function of Public Sector Banks Free Essays

Project| Estimation of Production function of Public Sector Banks | | | Contents 1. INRODUCTION3 2. Methodology4 2. We will write a custom essay sample on Estimation of Production Function of Public Sector Banks or any similar topic only for you Order Now 1General Approach:4 2. 2Data Collection:4 2. 3Data Processing:5 2. 3. 1Nature of Banks:5 2. 3. 2Nature of Variables:5 2. 3. 3Assumptions in the treatment of Variables:5 2. 4Data Analysis:5 2. 4. 1Objective of the Analysis5 2. 4. 2Production Function Relationship:5 2. 5Limitation8 3. Data analysis and Results9 4. Conclusion15 5. Bibliography16 1. INRODUCTION The structure of the banking industry has undergone sweeping changes in the past two decades. In response to heightened competition from non-bank financial firms enabled by technological progress among other factors, banks have been expanding both the scale and scope of their operations, largely through consolidations. This merger wave coincides with extensive deregulation, which has removed restrictions on product offerings and interstate banking. These changes have motivated many studies. The estimation of bank productivity and returns to scale is of particular nterest because of its broad practical applications and important policy implications The Banking Sector is characterized by multiple inputs and outputs that are associated with various attributes, such as different types of deposits, loans, number of accounts, classes of employees and location of branches. Transformation in terms of moving from high operating cost, low productivity and high spread to being more efficient, p roductive and competitive has been an important challenge for the banking sector in India. Recent years have witnessed substantial research efforts that have been devoted to measuring the efficiency and productivity of the banking industry. However, assessment of performance of banks has been a problematic one because of the unresolved questions concerning inputs and outputs. In the absence of any coherent definitions, researchers have used a variety of inputs and outputs, mostly based on an intermediation or production approach. The study of the Indian banking sector is of special interest for multiple reasons. Besides being one of the fastest-growing emerging economies of the world, India has one of the largest state-owned banking systems and generates employment of around 1 million people. Secondly, the vast network of around 70,000 commercial bank branches provides the base of the finance-led growth and development process in India. Thus the issue of efficiency and productivity of banks in India is particularly important. In the aforementioned context we define productivity as a concept that involves the transformation of resources into final goods and services. Production function is a function that specifies the output of a firm, an industry, or an entire economy for all combinations of inputs. It indicates the highest output that a firm can produce for every specified combination of inputs. This function is an assumed technological relationship, based on the current state of engineering knowledge; it does not represent the result of economic choices, but rather is an externally given entity that influences economic decision-making. Almost all economic theories presuppose a production function, either on the firm level or the aggregate level. In this sense, the production function is one of the key concepts of mainstream neoclassical theories. In micro-economics, a production function is a function that specifies the output of a firm for all combinations of inputs. 2. Methodology 1 2 3. 1 General Approach: This section describes the general approach taken for the analysis of the Production function of the Public Sector Banks (PSBs) in India. A bank for its operation takes several inputs and generates several outputs. For e. g. the typical inputs are Employees, Capital for operation, Reserve Surplus, number of Branches, number of ATMs of a bank etc. Its output is typically the Loan (Advances), Interest Income etc. Since Multiple Regression is used so the production output is taken only one at a time. Also, only two input variable at a time is used, though several regression analysis have been done for different combinations of input and output to get the most reasonable and best approximate relationship. However, a bank uses any number of variables as input simultaneously. A bank measures its performance among other parameters on how much Loan or Credit it has disbursed in a fiscal year or how much Deposit it has collected from the customers etc. Though such data in isolation may not be a true estimate of the efficiency of the business because unregulated disbursal of loans may cause Non Performing Assets (NPAs) which will lower the Retained Earning of the Bank but since the report is concerned only with the Production function of the PSBs hence no comment will be made on this aspect. Similarly how competitively the Deposits have been taken will not be a subject matter of this report. The Methodology of the report is to be first gather relevant input/output data from authoritative source. The data so obtained are processed and any assumptions made for their subsequent analysis is clearly defined. In the next phase the data analysis is done wherein suitable regression technique is used to generate the relationship between the input variables and the Production output. Finally the Interpretation is done to assign the meaning to such endeavor. 3. 2 Data Collection: The data for the Public Sector Banks (PSB) in India for the following variables have been collected from the Reserve Bank of India’s (RBI) official website for the fiscal 2004-05 to 2008-09: Deposits * Capital * Loans Advances * Labour * Interest Income 3. 3 Data Processing: Nature of Banks: All the 20 Nationalised Banks including IDBI as well as all the Associate Banks of the State Bank of India have been considered for the study. Thus a total of 27 banks has been focussed from the fiscal 2004-05 to 2008-09 for their Production output vis-a-vis different inputs. Nature of Variables: For the Banking Se ctor there are few variables which are clearly treated as input variables and output (production) variables. Example includes Labour and Loan (Advances) as input variables and Interest Income as output variables. But their are variables like Deposits which are ambiguous in their treatment as either input or output. It is input because to disburse loan which is an output the bank requires deposits. It is this deposit which is finally disbursed as loan. However, Deposit is treated as Output because the performance of a Bank is measured among other parameters by how much Deposit it has been able to generate in a fiscal year. For our analysis we treat Deposits as Output/ Production variable. Assumptions in the treatment of Variables: 1. It is assumed that the cost of per unit Labour is constant and same across all banks. Thus we may take the Labour as a quantity across all banks as an input variable, without bothering about the variable wage rate for each labour i. e the Cost of Labour is a linear function of the quantity of Labour. 3. 4 Data Analysis: Objective of the Analysis The report wish to obtain the following objectives: * To establish a mathematical model of Production Function for PSBs in India. * To analyze the regression coefficients obtained vis-s-vis the PSBs’ input and output. To analyze the regression coefficients for specific banks over five years Production Function Relationship: To estimate the one variable Production output function for an economic entity the Cobb-Douglas Production Function is widely used. For the Banking industry the report establishes the relationship between the following input variables and the Production output variable: (A) For all the 20 Nationalised Banks (including IDBI) along with the Associate Banks of SBI, the following Regression Analysis is done across all the years starting from the fiscal 2004-05 to 2008-09. S. No| Input Variable1| Input Variable 2| Production Output| Across Time Period| Banks| 1| Labour| Capital| Deposit| 2004-05 to 2008-09| All PSBs| 2| Labour| Capital| Advances| 2004-05 to 2008-09| All PSBs| 3| Labour| Capital| Advances + Deposit| 2004-05 to 2008-09| All PSBs| 4| Labour| Capital| Interest Income| 2004-05 to 2008-09| All PSBs| The number observations made = Number of Production Functions * Number of Fiscal Years for which the observation is made = 4*5 =20 (B) Specific to the Largest Nationalised Bank as per capital viz. State Bank of India (SBI) and the Smallest PSB as per Capital viz. State Bank of Indore (SBIndore) were taken for regression analysis separately. The merger of  State Bank of Indore, the smallest associate bank of State Bank of India (SBI), was completed in the last week of August 2010, ut for our analysis we still continue to treat its data as separate from that of SBI. S. No| Input Variable1| Input Variable 2| Production Output| Across Time Period| Ban k| 1| Labour| Capital| Deposit| 2004-05 to 2008-09| SBI| 2| Labour| Capital| Advances| 2004-05 to 2008-09| SBI| 3| Labour| Capital| Advances + Deposit| 2004-05 to 2008-09| SBI| 4| Labour| Capital| Interest Income| 2004-05 to 2008-09| SBI| 5| Labour| Capital| Deposit| 2004-05 to 2008-09| SBIndore| 6| Labour| Capital| Advances| 2004-05 to 2008-09| SBIndore| 7| Labour| Capital| Advances + Deposit| 2004-05 to 2008-09| SBIndore| 8| Labour| Capital| Interest Income| 2004-05 to 2008-09| SBIndore| The number observations made = Number of Production Functions * Number of Fiscal Years for which the observation is made = 8*5 =40 3. 5. 1. 1 Multiple Regressions: For modelling and testing of multiple independent variables (or predictor variables), Multiple Regression is used. Since it is for only single dependent variable (or criterion variable) hence Multiple Regression is not a multivariate test. The model for a multiple regression takes the form:   y  =  ? 0  +  ? 1Ãâ€"1  +  ? 2Ãâ€"2  +  ? 3Ãâ€"3  + †¦.. +  ? And we wish to estimate the  ? 0,  ? 1,  ? 2, etc. by obtaining   ^ y1  =  b0  +  b1x1  +  b2x2  +  b3x3  + †¦.. Where the  b’s are termed as the â€Å"regression coefficients† and ? is the error or residual value. For 2 independent variables we fit the data for a plane. The beta values are used in measuring how effectively the predictor variable influences the criterion variable. R2, in multiple regression is the square of the measure of association which indicates the percent of overlap between the predictor variables and the criterion variable. 3. 5. 1. 2 Cobb-Douglas Production Function: The Production of an economic entity may be defined as a function of its inputs. In a general mathematical form, a production function can be defined as: P= f(X1,X2,X3,†¦Xn) Where: P = Production or output quantity X1,X2,X3,†¦Xn = Input variables such as Labour, raw material, capital etc. f() = function defining the relationship. This function may be a Linear Function of all input variables. It can also be a Product Function of all the individual variables with each variables weighted for a corresponding exponent. The Cobb-Douglas Production Function follows the latter approach and is as follows: P = A. L?. K? Where, P = Production or output quantity L = Labour (the number of employees) K = Capital (the monetary worth of all machinery, equipment, and buildings) A = Total factor productivity, a variable which accounts for effects on total output not explained by chosen inputs. ?, ? are the output elasticity of labour and capital, respectively. These values are constants. We assume ? , ? ;lt; 1 so that the firm has decreasing marginal products of labour and capital. The Multiple Regression is to be done using the Cobb-Douglas Production Function, then the said function needs to be in a the l inear form. To achieve linear scale the exponential Log of the Cobb-Douglas Production Function may be taken. Thus the following function is being used in the report for regression: Log (P) = a0 + ? *Log(L) + ? *Log(K) Thus the Input 1= Log(L), Input 2 = Log(K) and Output = Log(P) and Model Coefficients = ? , ? 3. 5. 1. 3 Return to Scale: Returns to scale refers to a technical property of production that examines changes in output subsequent to a proportional change in all inputs (where all inputs increase by a constant factor). If output increases by that same proportional change then there are constant returns to scale (CRTS). If output increases by less than that proportional change, there are decreasing returns to scale (DRS). If output increases by more than that proportion, there are increasing returns to scale (IRS). To summarise, it is as follows: ? + ? | Returns to scale| =1| constant| ;lt; 1| decreasing| ;gt; 1| increasing| 3. 5 Limitation * The correlation between labour expense and production across banks may be limited if the business model of the bank varies. For example banks who primary operate in larger   cities can produce more with a smaller workforce because of greater labour utilization while labour in far flung remote branches might be under utilized and may not contribute to production that efficiently. Hence we assume a linear utilisation of labour. * This correlation is limited because as technology is increasingly substituting labour in banks so a bank with smaller workforce but superior technology can still produce more. Different PSBs may differ on this aspect of technological implementation vis-a-vis their labour. * Our analysis has restricted inputs and outputs to very few variables. There can be other variables although the report has included the most important ones for the study. * In analysis of SBI and State bank of Indore we have taken only 5 data points for 5 years. This may limit the authenticity of analysis. We have chosen only two input case to estimate the production while other inputs are collectively taken i n intercept. * There is an assumption that the production function follows Cobb-Douglas Production estimation. Other Production estimation methods like Olley/Pakes and Levinshon/Pertin functions are not considered. * In the regression model, we have not factored in any smoothing techniques. * In the analysis of bank over the years the data may be misleading,banks over the year may with better technology produce more with lesser input this effect will lower their economies of scale in the given analysis, this is a wrong conclusion 3. Data analysis and Results We referred the website of RBI to get the data needed for our analysis. A total of 27 banks were taken for analysis and the data for these banks from the period 2004-05 to 2008-09 have been used for the analysis. We used the Cobb Douglas Function for the models, wherein Q = A * (Input1^ ? 1) * (Input2 ^ ? 2) The production functions thus attained provides us a view of the overall sector as a whole for the following the outputs. 1. Deposit 2. Advances 3. Deposit + Advances 4. Interest Income Further, we focussed on two banks, State Bank of India and State Bank of Indore, the largest and smallest in the sector in terms of capital, to understand the applicability of the product functions attained in the above study. Here, the data across the five years in the consideration were used to obtain the production functions for each of the input-output combinations mentioned above. The results have been summarized in the Table 1 below for the four different models taken for all the banks across five years and Table 2 for all the four models for 2 specific banks: Table 1: Case| Year| Intercept| ? ( Elasticity of Labour)| ? (Elasticity of Capital) | R2| Model 1:Input1: Labour Input2: Capital Output: Deposits| 2004-05| 0. 6431| 0. 7257| 0. 2440| 0. 9596| | 2005-06| 0. 8010| 0. 5535| 0. 4239| 0. 9802| | 2006-07| 0. 8944| 0. 5655| 0. 4017| 0. 9731| | 2007-08| 1. 2448| 0. 4426| 0. 676| 0. 9707| | 2008-09| 1. 2768| 0. 3591| 0. 5694| 0. 9685| Model 2:Input1: Labour Input2: Capital Output: Advances| 2004-05| 1. 0543| 0. 2347| 0. 6749| 0. 8900| | 2005-06| 0. 9721| 0. 1998| 0. 7609| 0. 9372| | 2006-07| 0. 9495| 0. 3228| 0. 6367| 0. 9448| | 2007-08| 1. 2994| 0. 2608| 0. 6275| 0. 9544| | 2008-09| 1. 2154| 0. 2486| 0. 6746| 0. 9641| Model 3:Input1: Labour Input2: Capital Output: Deposits + Advances| 2004-05| 1. 2041| 0. 4583| 0. 4768| 0. 9416| | 2005-06| 1. 2145| 0. 3679| 0. 5987| 0. 9695| | 2006-07| 1. 2331| 0. 4450| 0. 5174| 0. 9662| | 2007-08| 1. 5742| 0. 3575| 0. 5422| 0. 9663| | 2008-09| 1. 5500| 0. 3101| 0. 6157| 0. 9683| Model 4:Input1: Labour Input2: Capital Output: Interest Income| 2004-05| -0. 1461| 0. 5320| 0. 4036| 0. 9584| | 2005-06| -0. 0207| 0. 2972| 0. 6656| 0. 9610| | 2006-07| 0. 0246| 0. 3640| 0. 5843| 0. 9733| | 2007-08| 0. 3381| 0. 3250| 0. 5629| 0. 9639| | 2008-09| 0. 4347| 0. 2483| 0. 6411| 0. 9711| Table 2 State Bank of India| Case| Intercept| ? ( Elasticity of Labour)| ? (Elasticity of Capital) | R2| Input1: Labour Input2: Capital Output: Deposits| -3. 03105| 0. 978999| 0. 77501| 0. 976381| Input1: Labour Input2: Capital Output: Advances| 2. 773811| -0. 31806| 0. 972634| 0. 93499| Input1: Labour Input2: Capital Output: Deposits + Advances| -0. 37579| 0. 453894| 0. 852554| 0. 64079| Input1: Labour Input2: Capital Output: Interest Income| -3. 36783| 0. 872917| 0. 74153| 0. 996843| State Bank of Indore| Case| Intercept| ? ( Elasticity of Labour)| ? (Elasticity of Capital) | R2| Input1: Labour Input2: Capital Output: Deposits| 1. 693202| -0. 37172| 1. 310855| 0. 985134| Input1: Labour In put2: Capital Output: Advances| -3. 03629| 0. 124397| 2. 214496| 0. 938827| Input1: Labour Input2: Capital Output: Deposits + Advances| 0. 119414| -0. 21134| 1. 712892| 0. 966654| Input1: Labour Input2: Capital Output: Interest Income| 5. 081366| -1. 73671| 1. 552713| 0. 993676| The macro-economic factors in India definitely affect the performance of the banks. The various parameters like inflation, GDP affect the sentiment of the market in general, while the regulatory measures taken by RBI through changing CRR, SLR, repo and reverse repo rates effect a shift in the business outlook of the bank. Since these parameters keep on changing from time to time, we decided to have separate product functions for every year. This guards us against the negative impacts making an assumption of Ceteris Paribas in determining the product functions, where we might have a few more variables. But the correlation of those factors with the performance of the banks is not the motive of this study, and hence not in its scope. Also, while analyzing the performance of the banks, we have to keep in mind that, being in the public sector, their focus is not always on profit maximizing. Rather, the goal is often carrying out the social responsibilities like providing banking facilities at places where the venture might not be profitable, and hence not a feasible for the private sector to open branches at those places. Analysis and Results for the different models Model 1: Input variables: Labour (L), Capital (K) Output variable: Deposit The first graph below captures the variation in output with respect to change in labour and the second with respect to change in capital. A strong similarity in graph indicates that labour n capital can be almost perfect substitutes. If the graphs differ then they are not good substitutes Deposit is essentially an intermediate variable, here treated as an output. As expected, we see some variation in the results across the years. An interesting observation here is that the elasticity of labour decreases along the period under study. This is in keeping with the redundant labour created by the technical innovations of the operations reducing the productivity of labour. The policies of the Public sector bank do not allow them to reduce the input of labour suddenly. Also, the higher elasticity of capital for 2008-2009 indicates the mood of the market during the recession, where the safety of the bank deposits looked better when weighed against the risks and lower outputs of other avenues of investment. The high values of R2 point at the stability of the regression through which the production functions were attained. As the sum of Output Elasticity’s of Inputs (Labor and Capital) as ? +? value is close to unity, it implies that the Indian Public sector banks are in Economies of Scale. This is consistent with the earlier economic researches which imply the banking sector in general is in Economies of Scale (Increasing returns to scale). Model: 2 Input variables: Labour (L), capital (K) Output variable: Advances Here, again, we see that the R2 values are high indicating higher stability in the production functions. An interesting phenomenon that can be noticed in these results is in the relative stability of all three parameters across the years. The relative variation of the coefficients across the years is relatively low. Model: 3 Input variables: Labour (L), capital (K) Output variable: Deposit Advances Here, again, we see that the R2 values are high indicating higher stability in the production functions. An interesting phenomenon that can be noticed in these results is in the relative stability of all three parameters across the years. The relative variation of the coefficients across the years is relatively low. The economies of scale ? +? value is again close to unity and signifies that for all the different outputs there is an increasing scale of return. Model: 4 Input variables: Labour (L), capital (K) Output variable: Interest Income Again, we see a clear trend of declining elasticity of labour across the years, validating the observation made in case 1. The relatively higher elasticity of capital in 2008-09 indicates the stability and optimization of performance of the Indian banks in turbulent global scenario. For each of the banks under study, the income under both the heads, Interest and other, showed a steady rise. Analyzes for Specific banks: State bank of India and State bank of Indore All the above mentioned four models of input and output parameters where analyzed for State bank of India and State Bank of Indore for period of 5 Years . The below graphs are a couple of sample graphs of the analysis . All the graphs of the analysis are attached below. We must note a very interesting trend in the economies of scale (ie the sum of alpha n beta) in our result. The economy of scale for almost all the cases in the initial four analysis is slightly less than or almost equal to 1 but it is greater than 1 both for SBI and State bank of Indore respectively. This means that when we look at the overall sector the banks of larger size have almost proportionally large output as compared to their input but both in SBI and State bank of Indore the increase in output is disproportionally larger compared to increase in input. The Data used for the analysis and detailed regression analyses are attached below: The complete set of graphs created for all the models are as well attached below: 4. Conclusion The study focused on modeling the Production Function for public sector banks. The regression curves obtained from all the banks that were considered for production functions for Deposits, Advances, sum of Deposits and Advances and interest income. The coefficient of variation was above 90% in most of the cases which reinforces the assumption that the level of capital and labour count significantly explains the variation in output level. The sum of ? and ? , the parameters of the system, is nearly unity. This indicates that the industry has a production which exhibits constant returns to scale. For the analysis done on individual banks (SBI and State bank of India), the values of negative value of alpha  and beta indicate that the increase in labour or capital (as the case may) decreases the overall output of the bank. We have seen constant or slightly decreasing economies of scale across banks in any given year whereas SBIs have shown increasing scale of economy (;gt;1) over the years. To explore this issue further we had done a few more regression for some more banks for 5 years (5 data points). The analysis has thrown up very interesting conclusion, the economy of scale fluctuates by huge degree across various banks and overall it is negative. This happens when the bank is already utilizing more than the needed labour or capital for its given capacity and any further increase in it decreases the overall production . It can be concluded from this analysis that although overall it may not be desirable to have a large size bank, it is desirable to increase the size of both SBI and State bank of Indore as here the incremental return will outmatch the incremental investment as they have economies of scale greater than unity. Our results have been consistent with the previous research findings which state that banking industry has economies of scale i. e. output more than doubles with doubling of input. It was also observed that sum of output elasticity’s of factor inputs (? +? ) was greater for certain banks like SBI and State bank of Indore. 5. Bibliography * Microeconomics, 7th Edition. Robert S. Pindyck, Daniel L. Rubenfield, Prem L. Mehta. * http://en. wikipedia. org/wiki/Banking_in_India * How to cite Estimation of Production Function of Public Sector Banks, Papers

The effect of the American culture on my use of language

Cultures are different in certain aspects. Language is one of the cultural aspects that differ across cultures. Although I am a Chinese, I am able to speak three languages, Mandarin, Cantonese and English. The notion that I am an international student, having come from a very different culture implies that I have been exposed to different cultures where the use of the English language varies. Advertising We will write a custom essay sample on The effect of the American culture on my use of language specifically for you for only $16.05 $11/page Learn More This follows from the fact that I have resided in the United States for more than one year after completing my high school studies in the United Kingdom. It is important to note that earlier on, I schooled in China where I began perfecting my knowledge in English. Based on this illustration, it is clear that I have encountered different cultural backgrounds that influence my use of language. The fact th at the UK and the US use different languages from the one I was used to presented a big challenge since I had to learn the language again. Although, both the UK and the US use the English language, it is evident that there are slight differences that become clear in the usage. When an individual joins a different place where the language used is not the same, it is sensible to learn the language used in the new location. It is thus necessary to learn the American English language in order to fit into the American culture. Learning the American English has taken control of the way I relate to my colleagues. This has become clear since, even amongst Chinese colleagues, the use of the American English is dominant. Further, the American culture has influenced the way we conduct ourselves. As an illustration, the Chinese people do not take direct commands, instead, they humbly submit. However, the American culture has forced those Chinese living in America to face off with people issuin g commands. It is also worth to note that after coming to the US, one changes speech rules. By way of example, even though it may not be necessary to say a response, I find myself responding, an aspect that is ingrained in the US culture. As I indicated earlier, English differs across regions. As an example, the language version that is used in the UK is not the same as the one used in the US. As an English learner, I still experience problems despite the fact that I have learned the language for some time. I believe that some of the problems that I face are down to knowledge issues although others revolve around cultural aspects. The major problem lies on the idea that I began learning English in China. During the English lessons, the teachers did not take time to highlight any aspects of the American culture. As a result, I was not in a position to figure out how English is used within the American culture. Advertising Looking for essay on languages? Let's see if we can help you! Get your first paper with 15% OFF Learn More As an illustration, when one poses, â€Å"how are you?† a Chinese is tempted to think about himself whereas, the expression is used as a greeting. Additionally, in the Chinese culture, there are limited responses to greeting expressions. It is thus little surprising that after coming to the US I have learned more response expressions. It is evident that culture is influential in many respects. As the paper establishes, since coming to California, I have been heavily influenced by the American culture. Specifically, I have changed my use of language. I have also been able to enlarge my knowledge of English since the version of the language used in the US is slightly different from the ones used in China and the UK. This essay on The effect of the American culture on my use of language was written and submitted by user Marc Sharpe 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.

Summary and Analysis of David Mamets Play Oleanna

Summary and Analysis of David Mamets Play Oleanna Oleanna, a powerful two-character drama by David Mamet, explores the destructiveness of miscommunication and excessive political correctness. It is a play about academic politics, student/teacher relationships, and sexual harassment. Plot Overview Carol, a female college student, privately meets with her male professor. She is concerned about failing the class. She is frustrated because she doesn’t understand the professor’s overly verbose lectures. At first, the professor (John) is callous with her, but when she explains that she feels incompetent, he expresses empathy for her. He â€Å"likes her† so he bends the rules and decides to give her an â€Å"A† if she agrees to meet with him to discuss the material, one-on-one. Act One During most of Act One, the teacher is abrupt, interruptive, and distracted by continual phone calls about real estate problems. When the student does get a chance to speak, it is difficult for her to express herself clearly. Their conversation becomes personal and sometimes upsetting. He touches her shoulder on several occasions, urging her to sit down or to remain in the office. Finally, she is about to confess something deeply personal, but the phone rings yet again and she never discloses her secret. Act Two An unknown amount of time passes (probably a few days)  and John meets with Carol again. However, it is not to discuss education or philosophy. The student has written a formal complaint about the professor’s behavior. She feels that the instructor was lewd and sexist. Also, she claims that his physical contact was a form of sexual harassment. Interestingly, Carol is now very well spoken. She criticizes him with great clarity and mounting hostility. The teacher is astounded that his previous conversation was interpreted in such an offensive way. Despite John’s protests and explanations, Carol is unwilling to believe that his intentions were good. When she decides to leave, he holds her back. She becomes scared and rushes out the door, calling for help. Act Three During their final confrontation, the professor is packing up his office. He has been fired. Perhaps because he is a glutton for punishment, he invites the student back to make sense out of why she destroyed his career. Carol has now become even more powerful. She spends much of the scene pointing out her instructor’s many flaws. She declares she is not out for revenge; instead she has been prompted by â€Å"her group† to take these measures. When it is revealed that she has filed criminal charges of battery and attempted rape, things get really ugly! (But this article won’t spoil the ending for the reader.) Who Is Right? Who Is Wrong? The genius of this play is that it stimulates discussion, even arguments. Is the professor attracted to her in Act One?Does he behave inappropriately?Does he deserve to be denied tenure?What are her motives?Is she doing this simply out of spite?Is she right to claim her professor is sexist? Or is she merely over-reacting? That’s the fun of this drama; it all about the perspective of each audience member. Ultimately, both characters are deeply flawed. Throughout the play, they rarely agree or understand each other. Carol, the Student Mamet designed her character so that most of the audience will ultimately loath Carol by Act Two. The fact that she interprets his touch on the shoulder as sexual assault shows that Carol may have some issues that she does not reveal. In the final scene, she tells the professor not to call his wife â€Å"Baby.† This is Mamet’s way of showing that Carol has truly crossed a line, prompting the enraged professor to cross a line of his own. John, the Teacher John may have good intentions in Act One. However, he doesn’t seem to be a very good or wise instructor. He spends most of his time waxing eloquently about himself and very little time actually listening. He does flaunt his academic power, and he does unintentionally demean Carol by shouting, â€Å"Sit down!† and by physically trying to urge her to stay and finish their conversation. He doesn’t realize his own capacity for aggression until it is too late. Still, many audience members believe that he is completely innocent of the charges of sexual harassment and attempted rape. Ultimately, the student possesses an underlying deviousness. The teacher, on the other hand, is overtly pompous and foolish. Together they make a very dangerous combination.

How to Use Pinterest for Your Job Search

How to Use Pinterest for Your Job Search So yes, we all know of Pinterest as the go-to place to design a wedding mood board or pin recipes to try for summer barbecues. But did you know that you can also it for your job search? On this the fastest growing social media network, you can either waste endless amounts of time pinning â€Å"shoes to buy,† or you can spend your procrastination time by making a job board for yourself. Can’t hurt, might help! Here are a few ways you could use your Pinterest to help boost your job search.1. Pin your resume.Thousands of people do this. You might even see some traffic. Better yet- make a resume Pin Board and fill it with pins that represent all the different parts of your resume highlights. Pin links to the schools you’ve attended, the companies you’ve worked for, the projects you’ve worked on. Make those text boxes work for you- write commentary as you would in your resume for each pin.2. Link it up.Your beautiful Pin Board isn’t going to do yo u much good if no one knows where to find it. Add it to your LinkedIn portfolio, your Facebook and Twitter profiles, even advertise on your Instagram. Add the link to your email signature and business cards. Just make sure there’s nothing unprofessional on your Pinterest (or make those boards private) before linking far and wide.3. Be a follower.For both inspiration and career tips, try following the greats on Pinterest as well as other platforms. CareerBliss is a great place to start, as is your college career office, if they have an account. If you’re unemployed, try the 405 Club. FlexJobs and Brazen Careerist are other great options, but you can always just type â€Å"career advice† into the search bar and see what turns up!4. Stalk potential employers.If the company or companies you want to work for have Pinterest, follow them! You can learn a lot about company culture and what may be expected of you in an interview situation by studying what they post. Re-p in their content if you like it, establishing a connection or- at minimum- making sure they see your little account name pop up every time you do.5. Build your brand.Choose images and words that support the brand you’re cultivating across other platforms. Be professional, of course, but yourself. Never underestimate what a well cultivated Pinterest board can do to show your strengths and tastes and sell you at your best.6. Get inspired.If you’re feeling bored or discouraged in your job search, you can always sift through other job seekers’ Pinterest boards for inspiration. What are some creative ways other people are using social media sites to maximize their search and build their brand? Spend 20 minutes going down the rabbit hole and see whether a better idea strikes you!

Pros and cons of outsourcing Human Resource Managment Functions Research Paper

Pros and cons of outsourcing Human Resource Managment Functions - Research Paper Example Organizations turn to outsourcing to slash their operational costs and improve financial position. Human resource outsourcing aims at reducing expenses by relegating official work to countries that provide HRM services at the fraction of what a company will pay at its home base (Ivancevich, 2004). European and North American companies are the main proponents of HRM outsourcing as they face the biggest challenge of financial constraints and relatively high turnover rates, despite the increasing recession. The top management finds it much easier to transfer the employee hiring and management duties to an outside vendor that might have its operational base in some other country or region. The basic function of a HRM vendor is to recruit and manage employees while freeing the client of this daunting task. The company can divert its attention to improving its financial performance or introducing new technology or working procedures, among other things. The less pressure on the client company over the management of employees and the associated financial burdens, thus, results in a better performance and greater efficiency (Mullins, 2007). The critics of HRM outsourcing, however, opine that divesting the employee management system to an outsider vendor can damage the reputation of a company. Additionally, it can also result in a breach of privacy as the outside vendor can delve deeper into the company procedure and hand it over to a rival company. They also say that transferring the salary and other accounting system to an outsider company might pave way for financial embezzlement, among other things. The biggest advantage of HRM outsourcing is the relative financial improvement and increased efficiency of a company. Human resource issues consume a lot of money, energy, and time of a company management as they get involved in the employees’ matters and waste their precious time that they can use in matters that are more useful. Along with the wastage of

Crime prevention through environmental design Essay

Crime prevention through environmental design - Essay Example Through CPTED, people's lives will improve since they will no longer fear for any vandalism that may occur ("CPTED Crime," para 1). CPTED theories state that in order to attain a crime-free environment, the community should not rely on the law enforcers alone. An interaction among law enforcement officers, architects, city planners, landscape and interior designers and resident volunteers is deemed necessary to stop vandalism. Through a 'built environment' that is obtained by this interaction among the major participants in building a community, the occurrence of crime will be averted. CPTED's 'built environment' is basically building a community such that its physical environment positively influences human behaviors wherein people who live in the area perceives it to be a safe environment where law offenders will find it too risky to commit any crime within the area ("CPTED Crime," para 9). For communities who have utilized the CPTED concepts, the results were impressive. Criminal activity were reported to have decreased for as much as 40% ("CPTED Crime," para 3). There are four main principles that cover crime prevention through environmental design. Natural access control is one strategy where it encourages the community to create a differentiation between public and private places. By selectively placing entrances and exits, fencing, lighting and landscape to limit access or control flow, natural access control occurs ("Crime prevention," para 26). Streets and sidewalks should be planned and designed in manners that would limit offenders an access to commit crimes ("CPTED Crime," para 6). Natural surveillance is another strategy adopted by CPTED that encourages maximum visibility of people and areas that may be potential spots for offenders to commit a crime. Architectural designs of buildings including residential edifices must obtain natural surveillance of the various areas that may provide access to lawbreakers and harm the community. Maximum visibility includes proper nighttime lightings along the sidewalks and residential buildings i n order to limit the escape routes for the criminals ("CPTED Crime," para 4 & "Crime prevention," para 23). Territorial reinforcement on the other hand is another concept of CPTED that promotes social control through increased definition of space and proprietary concern. Landscape designs are used in order to strengthen a sense of ownership of a certain property where intruders are easily identified. Fences and signs are most commonly used territorial designs that follows this CPTED strategy ("CPTED Crime," para 5 & "Crime prevention," para 29).Lastly, target hardening is the most popularly known strategy that prevents the occurrence of a criminal act. This concept basically refers to the different features that prohibit law offenders from entering any premises through locks and bolts that are found in windows and doors ("CPTED Crime," para 6). Furthermore, there are two other strategies that CPTED utilizes in preventing crimes. Maintenance and activity support are two other activit ies that CPTED promotes. ("Crime prevention," para 33) In Herkimer, New York's most recent crime statistics, larceny obtains to have one of the most offenses among other kinds of crimes. Thus, a more comprehensive program must be developed in order to prevent further increase in crime rates that does not alone involve

Mcdonald Fast Food Marketing Essay

Mcdonald Fast Food Marketing Essay McDonald Corporation is among the largest chain of fast food restaurants in the United Kingdom. It primarily sells French fires, chicken, hamburgers, soft drinks and breakfast. This paper draws on the view that McDonalds fast food continue to remain competitive in the fast food market niche by virtue of strategic management which sees it improving the taste of sandwiches as well as introducing a menu lost that is new for its customers. To understand the success of McDonald over the years, it is important to note the strategic management of the fast food corporation in the UK. Part of the strategic drive of McDonalds to increase its competitive edge has been to overhaul the system of food preparation and as evidenced in its recent food preparation system dubbed Made For You, McDonald developed a mutual relationship with its customers since fresher as well as hotter food are delivered to customers; an aspect that leads to more consumption of McDonalds food (Stuart et al, 2007). The ove rall point in the strategic thinking and management of McDonalds rests on the enhanced flexibility on its customer service, business model, reaching and analyzing the strategic edge in light of competitive advantage and business level strategies. This paper seeks to analyze the wider environment in which McDonalds operates competition within the fast food industry, strategic focus, and how to address challenges that occur within the industry. Introduction McDonalds Fast Food Company is among the largest food service retail corporation. Known for its hot and fresh fries, hamburgers, burgers and soft drinks, McDonalds operates about 30,000 restaurants in over 199 countries. In the UK, a majority of the McDonalds operates on the franchise basis. The strategic focus and organizational management has positioned McDonalds to compete effectively in an already competitive industry and thus edge a competitive base in the industrial environment and enjoy a market niche for its business. Customers visit its outlet on the daily basis because of the ability of McDonalds to create a companys image that enhances people to get accustomed to the culture of fats food (McDonalds Corporation, 2010). As such, there is an apt customer base which McDonalds uses as a market entry strategy. Together with advertising companies that leaves the brand image in the consumers mind, McDonalds continue not only to penetrate the market but also expand their market siz e. As a result, there are a number of strategies that McDonald builds on to remain competitive in the industry and achieve t business and organizational objective. McDonalds Company Overview As one of the largest fast food corporation in the UK that concentrates on burgers, French fries, soft foods and breakfast, McDonalds has in the most recent introduced salads, snack wraps, fruits and carrot sticks. McDonald is a business that dates back in 1940. It was an idea that grew and became operational as the two brothers Mac McDonald and Dick opened a restaurant in the United States (Walsh, 2009) .The first McDonalds operated on the principle of modern fast food restaurant which later spread across Europe. The present McDonald is as a result of the successful expansion of the McDonald into a host of fast food markets. The company has become the symbol of globalization and it prominence in the UK is based on the concept of consumer responsibility as well as corporate ethics (McDonalds Corporation, 2010). Essentially, McDonald serves approximately one million customers every day. Business Environment and Analysis of McDonalds The environment in which McDonalds operates is very competitive that managers have been forced to adopt a strategic framework upon which they exercise their ability to identify, cultivate as well as exploit the core competencies that ensures that there is business and market growth. Thompson (2005) asserts that in order to arrive at this strategic threshold, McDonalds as a corporation has been the focus of the strategic policy formulation. In addition, Brown (2002) points out that there is no way in which the organization can exist in the vacuum. In this sense, McDonalds operate within a competitive environment and the foundation of its strategic management rests on its ability to analyze its competitor in the fast food industry. As a result, this not only enables McDonalds to realize its strengths and weakness but also help it to formulate a position on which it identifies the opportunities that are present for the organizations well as the threats it can face from its wider industr ial environment. This strategic analysis best positions McDonalds in its market niche and is thus a strategy that reflects the best march for McDonalds strategic management. The competencies exhibited by McDonalds form yet another aspect of its overall strategic management. Parsa (2002) contends that as one of the largest food chain companies in the UK, it defines its success from its strengths and opportunities. This is the distinctive competitive strategy that enhances the corporations competitive advantage in the market. A case in point is the financial opportunities, market leadership, image of the company to the market as well as the relationship between the company and its customer forms the strengths as well as opportunities than McDonald has achieved on its wider strategic management plan. To achieve an enhanced and more profitable market niche, McDonalds creates a successful image in the customers minds and draws from it mission and vision statement to introduce to widespread customers a culture of fast food. This is evidenced by the fundamental concept that it serves over one million customers in UK per day and continues to add on its menu a new list of fast food items prepared. Furthermore, customer care relations, delivery speed as well as high hygienic conditions make the basic strengths on which McDonalds expands on. Cole (2003) articulates that McDonald has created a corporate symbol that is reinforced by the advertisement campaigns in the UK. Accordingly, it builds on this pedestal to foundationally establish a brand image that has remained in the minds of millions of people living in the UK. As such, the brand image positions McDonalds an edge higher than its major competitor in the food chain industries and its marketing strategies successfully addresses impo rtant business operations factors such as internal resources and the core competencies in relation to the external environment in which it operates (Kendrick, 2008). Moreover, business analysts have maintained that the product value of McDonalds has contributed to the strategic focus of its operations. With regard to this, customers are aware of what to expect from the McDonalds restaurants whenever they visit the McDonalds. This gives emphasis on the fact that human resource draws their satisfaction from satisfying their customers and keeps the employees ready to adopt the innovative strategy of the company where they introduce newer products in the market in a bid to remain on edge with the newer tastes and trends of its customers and market size. The diversity of McDonalds into other related business forms the framework on which economists regard the McDonalds as the successful corporate group within the fast food industry (Enz, 2009). Competitive Environment within the Operations of McDonalds Every fast food restaurant operating whether as an organization or individual business is aimed at creating a new wave in the performance; all aimed towards implementing and sustaining the brand quality and the innovation of the business plan. Many fast food restaurants in the UK continue to analyze the external as well as internal business opportunities and therefore develop marketing plans that see them with a major market shares. These make food chain industry a very competitive industry in the UK. According to Hetrick et al (2006), McDonalds appreciates that competition for market place is stiff and has tasked its management to constantly communicate, compare their services with those of other fast food restaurants and finally improve on their service delivery and incorporate the developments of technology such as the internet to basically motivate their clients and improve on the overall center performance. In addition, many fast food organizations undoubtedly enhance their food production which makes it futile to use the product quality alone as the marketing strategy. As this may create a scenario where you are rated average, McDonalds has gone a notch higher in edging its competitive advantage by modifying every marketing and business strategy to suit its vision statement. As such, Heath and Palacher (2008) argues that bearing in mind the already available resources is one point towards success but making use of all the primary competencies has enabled McDonalds to sustain its place in the competitive market. Accordingly, as the chief executive officer of McDonalds said, the world has extensively changed and so have the customers. This calls for a dire need for any business organization to change in light with the customers change (Walsh, 2009). McDonalds Competitive Position within the Food Chain Industry McDonalds has achieved the title of the leading and largest fast food restaurant in the UK from its overall strategic management concept of sustainable competitive market. With emphasis, this strategic policy has been behind the McDonalds ability to make it difficult for other food chain industries to penetrate its stronghold marketplace. Hill and Jones (2007) explain that McDonalds competitive position is attributed to its dynamic customer care relations, brand imaging, cost structure as well as its patent. With regard to this, the organizational as well as the managerial process has centered on sharing coordination and integration to formulate policies that drives the McDonalds on the pedestal of success. Believing in the customer and product value, McDonalds has created a situation where every employee strives to work for the common goal. Similarly, McDonald, through its strategic management has demonstrated its strength in being able to learn and execute changes according to the needs of the markets. From this conceptualization, it has commanded a competitive position by being flexible to change within the milieu of technological developments and customer trends (Stuart et al, 2007). As such, Kendrick (2008) further postulates that a case in point for McDonalds success and market position falls on the paradigm of its long time organizational culture of concentrating on its advantage such as organizational behaviors as well as expertise to achieve success in every aspect of its objective. In the past, McDonald paid little attention on the concept of competitive advantage and thus even though it opened many outlets across Britain, its revenue did not change to the better. The structural, technological and financial assets are the excellent market position of McDonalds. It therefore follows that McDonalds not only identifies but also implements these assets in the right direction in a bid to improve the services of the company in the market. Bordering the advantage on the vision which guides the company, McDonalds draws its strengths to achieve the competitive position by being committed to the sustainability of its vision. For example, bearing in mind that a brand or product revolves around the companys vision, McDonalds works in lieu with this concept and thus attributes its competitive advantage on its faithfulness to the mission, vision and goals as well as objectives of the organization (Thompson, 2005).In light of this, McDonalds operates on the guideline of serving those people who have little or no time to cook an therefore provides a solution of a proper restaurant. In this case, the vision provides not only quality products but also quick ser vice and desirable satisfaction among its customers. The sustainable competitive advantage has undoubtedly meant well for the McDonalds and implementing these strategies is based on incorporating the best value strategies which make McDonalds unique and hard to be emulated by its competitors. It is evident that competitive advantages has helped and continue to help McDonalds to realize a great investment through an integrated, intelligent and dynamic human resources as well as strategic management (brown, 2003). As a result, McDonald caters for the situation where risk attitudes change and entirely vary the environmental uncertainty and volatility. This based on the product, price, promotion and place has provided a good starting point for the competitive position of McDonalds. Towards implementing the marketing function, the management of McDonalds constantly employs elements of marketing mix to appropriate plan on how to achieve the popularity in the market place (Enz, 2009). McDonalds Marketing Strategy McDonalds is known for its market entry on which it introduces people to the culture of fast food through the employment of emotive and highly persuasive advertisement campaigns. As Hetrick et al (2006) point out, McDonalds uses well structured advertisement campaigns to create a corporate system that penetrates the market as well as expands it. With regard to this, Parsa (2002) notes that McDonalds have put in place strategies that deal with the growing number of fast food customers in the UK. Towards achieving this, McDonalds emphasizes on customer care, speed in the delivery and high hygienic conditions around the McDonald premises. Connected with the concept of market entry strategy, McDonalds equally builds on its brand image; a factor that identifies it as an independent company. Accordingly, the company has taken into account business environment to achieve a competitive edge based on the service delivery, product and price. In addition, McDonalds have used the diversity strategy in its operations. Hill and Jones (2007) contends that McDonalds uses this strategy to venture into other business; a factor that has helped the company to keep in touch with the market trends a mid the rising completion in the food chain industry. Towards this, McDonalds emphasis on health food, introduction of new items such as salads on the menu, changed the overall appearance of the stores among adopting newer strategies. In light of this, McDonalds is able to achieve a competitive position in the marketing environment that is getting more competitive by day s a result of entry of new players in the industry. Heath and Palacher (2008) further assert that a lot of innovations where McDonalds produces new products demonstrate another strategy in use for the McDonalds to catch up with the latest market development. As a result, it is able to respond to the ever changing tastes and concerns of customers. For instance, McDonalds continues to develop new recipes as part of it strategic formulation to cater for the health issues and concerns of the customers in UK. McDonalds continue with the franchising model and employs over 60000 employees in approximately 1200 restaurants. The success behind all theses is typical of the effective marketing strategies that lead to the creation of high demand for fast food (Cole, 2003). The aim of successful marketing rests on making superfluous sales. Understanding the customer as well as the product that fits them has definitely formed the foundation of McDonalds marketing strategy. As opposed to other fast food restaurant whose entry in the market somehow takes the customer for granted and ends at providing quick service, McDonalds exploits the underlying concept of marketing which draws on the notion that customer satisfaction is the primary business priority. Comparatively, many fast food restaurants in the UK are motivated in making profit and although they provide quality services, they miss out on putting their customers satisfaction on the fist priority. McDonalds has created business strategies that aim at fulfilling the creation of customer satisfaction. Fundamentally, McDonalds has invested in understanding the needs of a group or groups of customers in what is called market segmentation (Brown, 2002).As such, McDonalds defines these band of customers in terms of demography such as their age, region and gender such that each band of customers have a successfully and specifically tailored products as well as a marketing mix. Future Developments in the Fast Industry It is important to note that following the market trends of fats food industry, outsourcing of employees may not be effective. It is clear that everything in the present business community outsources but McDonalds should be ready to take care when outsourcing because in future, outsourcing is going to cease in its value following the whole sale idea of outsourcing competencies of the fast food chain store (Hetrick et al, 2006). Towards cushioning the effect of this, McDonald can outsource other business operations but not its core competencies. As such, it will keep abreast with the fact that the benefits of outsourcing which includes knowledge of market offshore, supplier relations and expansion of business operation. In so doing McDonalds will have put in place an order facility to cushion itself against competition, business failure and reduced profit margin. In addition, the question of increased competition will be a future development due to the extensive entry in the fast food industry. As such, McDonalds will have to face an array of market risks as well as other business setbacks. However, what will make it strong and continue to enjoy the status of a leading fast food company is the constant formulation and implementation of strategic policies based on its knowledge of the customer needs. In other words, the taste, preferences and satisfactions of the customer should be their constant priority to face this challenging scenario (Parsa, 2002).With the future market function taking a consumer oriented approach, the marketing decisions are care going to be affected by the careful identification of the needs of the customers. As such McDonalds will need to devise marketing strategies that meet the customers needs as well as a business distribution system that bring the brands closer to the needs of the customer. Recommendation for McDonalds Future Strategy McDonalds should in future design a business plan that addresses the social changes spearheaded by the government and consumer groups which border encouraging a balanced diet and thus prepare types of foods that on the nutrition of the customer as well as their healthy lifestyles. Essentially, it can also develop a joint venture with other organizations such as the supermarkets in that some of its food is sold in the supermarkets. This comes with the marketing database which will help it to more accurately reach out to specific target groups of consumers. The customer identification could be on the basis of modeling and shoppers profiles; a factor which will enhance the prevention of band switching. In addition, McDonalds should focus on the corporate social responsibility and edge closer to those organizations with a value impact on the society (Enz, 2009). Similarly, McDonalds should realize that promotion of its products is not merely an advertising function. It should come up with both advertising campaigns and promotional strategy that is defined by the nature of the market, the size of the market and the tastes as well as preferences of the customers. In so doing, McDonalds should design on the promotional mix that address the element of price, product and market in the way the customer will feel obliged to consume the product. Conclusion From the above discussion, it is evident that the strategic management plan of McDonalds has positioned it as the largest fast food corporation in the UK. This means that its business model is evidently different form other fast food chains. . Part of the strategic drive of McDonalds to increase its competitive edge has been to overhaul the system of food preparation and as evidenced in its recent food preparation system dubbed Made For You McDonalds developed a mutual relationship with its customers since fresher as well as hotter food was delivered to customers; an aspect that led to more consumption of McDonalds food. The overall point in the strategic thinking and management of McDonalds rests on the enhanced flexibility on its customer service, business model and analyzing the strategic edge in light of competitive advantage, business level strategies among others.

How to Assess Employee’s Needs for Training

COMENIUS UNIVERSITY IN BRATISLAVA, FACULTY OF MANAGEMENT HOW TO ASSESS EMPLOYEE’S NEEDS FOR TRAINING INTRODUCTION A  subject of my seminar assessment from Human resource management is Training needs assessment, or how to assess employee’s needs for training. The training needs assessment is a very effective way, how to identify employees’ needs for training. An object of my assessment is to acquaint readers with this topic, explain them, how the training needs of employees are identified, what the process of identification consists of and how to manage the training needs assessment.HOW TO ASSESS EMPLOYEE’S NEEDS FOR TRAINING Every company has goals which the company is trying to achieve. The main role plays employees who are the ones that actively participate in achieving the goals. That is the reason why the company should pay attention to them and evaluate if the employees have all qualifications, skills and knowledge that are the most efficient in ach ieving the goals. This evaluation can be provided through a very efficient method called training needs assessment, that discovers the training need of employees. Training needs assessment Staff training needs are assessed through a process called a training needs analysis. The exact form that this takes will depend on the nature of the organization, the technology available, and the nature of the staff. However, the fundamental elements of a training needs analysis are the same. It is a three-step process: * Identify the training needs * Deliver training that meets the needs * Assess the effectiveness of the training. These three steps are repeated over and over during the life-cycle of an organization. Continual assessment is required because the needs keep changing.Employees do not remain static they take on new roles and responsibilities. Their environment is also not static — technology keeps changing, as do the demands of their organization. † (Knowles, 2009) Iden tifying the Training Needs The best way how to identify training needs is with a three-step approach consisting of organizational analysis, analysis of employees and task analysis. 1. Organizational Analysis -Organizational analysis identifies abilities, knowledge and skills needed for employees in the future, when their job and the company will change.The analysis collects data through looking at few aspects like lost workdays, customer complaints, grievances, absenteeism, turnover rates, safety incidents, different performance problems, etc. Afterwards these data are assessed to detect where performance could be improved through training. The organizational analysis should be also prepared for future changes and it should also plan for changes in the workplace like worker demographics, laws and regulations and future skill needs. * Workforce.Workers growing old and women or other minorities becoming more prominent make the workforce change. Operating cost modifications and economi c changes also may need workplace changes, when competing internationally. If the company understands these possible changes, then it has a good advantage, because that may help it to adapt to employees’ needs while the company’s needs are still met. * Laws and regulations. An organization might be forced to arrange training in specific areas because of new laws and changes in current safety and environmental regulations.Also other policies which include employees need to be communicated to them. * Future skills. Future skill needs can be recognised if an organization understands, how it might change in the future. For instance, will new equipment be installed or new processes applied? Will standards or regulations be changed? Is technology going to change? Will there be interpersonal or communication skills needed from employees because they will have to work with others or in teams? Will cultural changes be taking place in the organization? 2.Analysis of employees- A nalysis of employees looks at individual employees and assesses their performance in their jobs. Their individual level of skills or knowledge can be determined through interviews, questionnaires or tests. Their performance reviews can contain useful data as well. Furthermore, problems with performance can be recognised by assessing aspects such as output, non-attendance, lateness, equipment repairs needed, accidents, complaints, client complaints and product quality. When shortages are recognised, an individual employee’s needs can be met through initiating training.All three stages of the training needs analysis are interconnected and information has to be gathered at all stages. Based on the data collected, training needs can be recognised, and the company can form learning objectives and develop a training program so the needs can be met, both company’s and employee’s. 3. Task Analysis- Task analysis examines requirements of knowledge and skills that are nee ded for each job and compares them to actual employee’s knowledge and skills. Any absence reveals a need for training.Analysis of job safety, standard operating methods, job description, performance standards, examination and questioning on-site, literature review and best practices are all sources for information collection. An efficient task analysis detects: * tasks that need to be accomplished * terms under which tasks can be accomplished * when and how often tasks are achieved * quantity and quality of work required * skills and knowledge needed to achieve tasks * where and how these skills are best gained Figure 1- Training needs assessment process (Bajzikova, a ini, 2011)Delivering Training That Meets the Needs Training can be provided through many different ways. It can be formal, classroom like, in the organization’s building, together with colleagues or it could be delivered through an external training company, also in class, but with people from other organ izations. Other option is to provide the training on-line. The training might be short or long-lasting. Short lasting, such as classes lasting a day or even longer, that provide quiet big amount of information, or long-lasting trainings, that are delivered in small parts, maybe an hour a day or less.The trainings can be on a one-to-one basis, or they can take place in a group with one teacher. But the one-to-one basis trainings could become more like mentoring than formal teaching. What is important is that the teaching method and content matches the needs of the learners. Assessing the Effectiveness of Training In order to know whether the training has achieved the goals that were set for it, the organization needs to set up some sort of assessment. â€Å"Happy sheet† is the most basic form of assessment, especially for training I classes.The sheet is about one page long and it asks those who were trained if they enjoyed themselves during the training, whether they felt like they learned anything and what could have been better. There are also more complex and sophisticated forms how to evaluate training and these, after the training, measure the employees’ performance and compare it with their performance before. This cycle needs to be repeated even several times, because it is improbable that just one cycle of training needs analysis and following education will solve all problems. Models for Training Needs AssessmentsMcClelland’s open-systems model McClelland (1993) presents an open-systems model for managing training needs assessments. This model contains of eleven steps which help to manage the assessment. 1. â€Å"Define assessment goals. 2. Determine assessment group. 3. Determine availability of qualified resources to conduct and oversee the project. 4. Gain senior management support for and commitment to the process. 5. Review and select assessment methods and instruments. 6. Determine critical time frames. 7. Schedule and imple ment. 8. Gather feedback. 9. Analyse feedback. 10. Draw conclusions. 1. Present findings and recommendations. † (Cekada, 2010) Barbazette’s model Barbazette says that training needs assessment should answer 4 questions: what, who, when, how and why. * What- â€Å"What is the best way to do a specific job? This helps to achieve the desired results. Standard operating methods may indicate how to manage a task or which government regulations need to be considered when completing a task. Other important thing is to ask what jobs are involved in the shortage. This recognises critical tasks that have the possibility to cause a personal or property damage. Who- â€Å"Who is involved in the shortage of performance? † This will identify those employees that are involved and guarantee that the training is customized for them. It is also essential to consider the target audience for the training; what information does the organization have about them to design and customiz e the training; and who else may profit from the training. * When- â€Å"When can be training best delivered? This helps to minimize the impact on the business. It is also crucial to determine other things that are needed to make sure that the training is provided and delivered effectively.These models help guide development of a training needs assessment. * How- â€Å"How the shortage of performance can be fixed? † This helps to determine whether training will resolve the issue. That reveals if a skill or knowledge shortage led to the issue. * Why- â€Å"Why? † This helps to connect the performance shortage to a business need and asks whether the profit of the training is greater than the cost of the current shortage. CONCLUSION The training needs assessment is used to identify an organization’s and its employees’ training needs and determine the type and range of resources that are needed to support a training program.It helps the organization to desig n or choose the right type of training and afterwards it helps to assess if the goals were achieved. The training needs assessment is a very good, not complicated and effective way how to deal with educational needs within a company. And even though the cycle might have to be repeated several times, it is a helpful huma resource management tool. BIBLIOGRAPHY * Bajzikova, Lubica, et al. 2011. Manazment ludskych zdrojov. Bratislava  : Comenius University Bratislava, 2011. pp. 92-96. 978-80-223-2989-7. Cekada, Tracey L. 2010. www. asse. org. [Online] 3 2010. http://www. asse. org/professionalsafety/docs/F1Cekada_0310. pdf. * Knowles, Andrew. 2009. suite101. com. How to assess staff training needs. [Online] 9 7, 2009. http://suite101. com/article/how-to-assess-staff-training-needs-a146161. * Miller, Janice A. , Osinski, Diana M. and SPHR. 1996. www. ispi. org. [Online] 2 1996. http://www. ispi. org/pdf/suggestedReading/Miller_Osinski. pdf. * Unknown. www. opm. gov. [Online] http://www . opm. gov/hrd/lead/TrainingNeedsAssessment. asp.