Saturday, December 28, 2019
Vanity vs Honesty - 825 Words
Vanity vs. Honesty Many people find themselves caught up in the everyday acts of vanity and honesty. Everyday people make decisions out of honesty or out of vanity. The changing of our society in everyday life is due to vanity. Even though most people are constantly acting out of vanity, you will find in some cases when circumstances change, people act more honestly, but ultimately vanity rules over honesty. Many individuals act out of vanity until the situation of things change for the worse for them. For example, an individual named Joe with no health problems may have no interest in contributing to the numerous cancer foundations that search cures for cancer and support those in need who suffer from the illness. He goes on withâ⬠¦show more contentâ⬠¦Donââ¬â¢t get me wrong though; there are people out there that dress honestly for religion or just for their own personal preferences. There are some exceptions, as there is with any given rule, that you may find some individuals at Edmond Me morial still wearing Abercrombie and Fitch and some adults still rocking the short shorts and parachute pants. Styles do change, as well as clothing brands, and proves that people do dress out of vanity, with the exception of a few. Vanity and honesty are constantly changing everyday life from what clothes we wear or the decisions we make. The majority of individuals in society are constantly acting out of both, but what you will find is that most decisions that people make are out of vanity. Though, when circumstances change for the worse, people start behaving more honestly. All in all, there is an overruling amount of vanity in society than there is honesty, but with the exception of a small amount of honestShow MoreRelatedThe Questionnaire For Celebrity s Credibility Will Use Ohanian s Model1356 Words à |à 6 PagesEthical issues All participantsââ¬â¢ identity, except for nationality, will not be recorded on the questionnaire to keep the confidentiality. Anonymity will increase participants honesty (Aaker, 1996). All assistant researchers will be trained in survey methodology and administration, in order to maintain their professionalism during data collection. This adequate training will be applied to data analyser and researcher as well. Measurement The questionnaires used in this research are adapted fromRead MoreModest Proposal by Jonathan Swift Essay1490 Words à |à 6 Pagessociety and the idea of a utopia or a perfect world. In the story, England symbolizes deficiency- no one likes England or what they do. In Ireland, each individual is fighting society in order to be able to eat dinner at night which relates to individual vs. society. The main idea in Gulliverââ¬â¢s Travels is the more we truly see humans, the less we want to be near them. Both works criticize the political and social issues going on in 1700 Ireland and England and were written to enlighten others about theRead MoreLeadership in the New Millenium Essay3733 Words à |à 15 Pagesoverbearing at best and often times can leads to a personââ¬â¢s demise. There is a distinct difference yet subtle between arrogance and self confidence; the latter being good. One can have confidence in himself, which is good, but not to the point of vanity. Often times lead ers who are arrogant can not relate nor do they want to relate sometimes to the feelings or opinions of the subordinates. They have too little respect for the opinions of others. Sometimes arrogance leads to micro-managing whichRead MoreHow I Read Literature Like A Professor Notes3177 Words à |à 13 Pagesthat proves as deadly as disease o Self-destruction o Clash between adult wisdom and child recklessness â⬠¢ Human struggles o Protect family o Maintain dignity o Remain faithful o Return home â⬠¢ Types of conflict- o Man vs. nature o Man vs. supernatural o Man vs. man o Man vs. self o Man vs. society Chapter 10- Setting and Weather â⬠¢ Weather is never just weather â⬠¢ Establishes mood and foreshadowing â⬠¢ Rain is used as a plot device â⬠¢ Atmospherics- rain is mysterious â⬠¢ Rain can also be cleansing and bringRead MoreProblems of Society (Law, Crime, Punishment)7483 Words à |à 30 Pagesbut not everyone is made of steel so as to defend themselves against the demonic forces - destructive emotions and detrimental attitudes: fear, ignorance, hatred, worry, revenge, envy, attachment, greed, lust, selfishness, doubt, prejudice, pride, vanity, impatience, sloth, discrimination, arrogance, ambition, addiction, gluttony, criticism, blame, anxiety, frustration and so on. We all get attacked by those faulty ethereal goblins of our minds and hearts, but most of us succeed to resist them. ItsRead MoreManagement Course: MbaâËâ10 General Management215330 Words à |à 862 Pagesagreement to demarcate territories, live and let live within those boundaries, and then formulate specific rigid and observable contracts on a point-by-point basis as needed. It is naà ¯ve to try to shortcut this process by methods that encourage openness, honesty, and vulnerability. Similarly, when problems can be resolved by better understanding and clarity, it is ââ¬Å"paranoidâ⬠to be willing only to deal in legalistic and distinct contractual terms. The methodology for dealing with any two subsystems in conflictRead MoreMonsanto: Better Living Through Genetic Engineering96204 Words à |à 385 PagesANALYSIS INDUSTRY DEFINITION Delta Faucet competes in the residential and commercial bathroom and kitchen accessory industry.This industry is characterised by the manufacture, sales and distribution of kitchen, bath and laundry products such as vanity basins, taps, and sinks to the building and construction industry as well as to various retailers throughout China. Delta Faucet serves two main customer types, namely, dealers who purchase and then resell to the building contractors in the constructionRead MoreStrategic Marketing Management337596 Words à |à 1351 PagesCompetitive strength â⬠¢ Market share â⬠¢ Relative share â⬠¢ Relative quality â⬠¢ Patents â⬠¢ Customer coverage Performance Value-added structure â⬠¢ Investment intensity â⬠¢ Fixed vs liquid assets â⬠¢ Capacity utilization â⬠¢ Productivity â⬠¢ Make vs buy People and organization â⬠¢ Lean organization â⬠¢ Participative culture â⬠¢ Incentives â⬠¢ Training â⬠¢ Insiders vs outsiders Figure 3.26 PIMS can quantify how strategic factors drive performance The second group describes how a business differs from its competitors in its
Friday, December 20, 2019
How Lack of Sleep Affects the Human Body Essay - 829 Words
Written Assignment #1 Sleep is as essential to the body as the food we eat, the air we breathe, and water we drink, itââ¬â¢s a vital necessity for human survival. Due to our spending 1/3 of our life sleeping, more than anything else, clearly indicates the importance of sleep to the human body. A good nightââ¬â¢s sleep helps to restore energy you expend during the day, the brain is actively working while you sleep to create new pathways for areas such as learning, memories and new insights, helps your body to fight off common infections by releasing key hormones while you sleep and gives your heart and vascular system a rest by reducing your heart rate and blood pressure. Yet, sometimes we may experience difficulty in sleeping for variousâ⬠¦show more contentâ⬠¦Finally, keep your bedroom quiet, dark, and comfortable and try to create an ideal sleep environment that will help you get a restful night sleep. The effect of lack of sleep on the body is often worse than just not feeling like you got any sleep the next day. There can be serious health issues that can result from not getting proper rest. The most obvious side effect of a lack of sleep is not having energy the next day. The body actually performs less efficiently when itââ¬â¢s tired or not rested, which affects our performance, productivity and memory when our body is running on less sleep than we need. The body also needs rest to repair tissue, cope with stress, and recharge the immune system. A lack of sleep hampers these functions in the body. The ability to handle stress and fight off illness lessens when we fail to get enough sleep. The bodyââ¬â¢s response system to germs and stressors slows down and has a difficult time meeting the challenge of everyday issues. It weakens the immune system by adversely affecting the white blood cell count, preventing the body from being able to ward off infections and viruses and also affects the chemical balances within the body. Now when we get sick, it is for a longer period of time and the body has a harder time catching up when we have drained it with reduced sleep. Lack of sleep also can have an effect on the neurotransmitters in the brain as well. The neurotransmittersShow MoreRelatedSleep Is Essential For Human Health911 Words à |à 4 Pagesthe animal kingdom to humans. All of them need to sleep as a need for food, it is a necessity for life. Sleep is important and necessary for human health and its ability to engage in intellectual activity and mental fitness. Everyone needs to sleep, one of the basics of life. Humans spend almost half of lifetime sleeping and then have to know how to keep the body in a good sleeping time. Many of the physical problems can interfere with the ability to fall or stay asleep. Sleep is important; becauseRead MoreWhy Is Sleeping Important?858 Words à |à 4 Pagesorganism needs to rest, starting from the animal kingdom to humans. Just like food, sleep is a necessity of life. Sleep is important and necessary for the bodyââ¬â¢s health and the mindââ¬â¢s ability to engage in intellectual activity and mental fitness. Since humans spend almost half of their lifetime sleeping, they should know how to sleep right. Many physical problems may interfere peopleââ¬â¢s ability to fall or stay asleep. It is important to sleep well because that helps to boost memory, be active, reduceRead MoreWhy Do We Sleep?1540 Words à |à 7 PagesWhy do we sleep? As we all know, one third of our life is spent to sleep, but very few people intend to lay bare the secret of that. There would be a question: why do we sleep? According to the video The Function of Sleep, Tyson states that people are not very clear about the purpose of sleep, but some researchers believe that sleep could enhance memory. MIT researcher Matthew Wilson also illustrates the thoughts of a rat can be read by implanted the electric wire into its brain. According toRead MoreSleep: Why We Need It or Do We? There are many different philosophies on how much sleep the body1200 Words à |à 5 PagesSleep: Why We Need It or Do We? There are many different philosophies on how much sleep the body needs or doesnââ¬â¢t need. Sleep has been said to be the bodyââ¬â¢s way of refueling. It allows the body to restore its mental energy (msnbc.com). The question is how much sleep does the body truly need to function? One theory pertaining to sleep is that if your body has a lack of sleep it would just adapt to less sleep. Sleep deprivation can cause us to lose our agility, cognitive, and immune responsesRead MoreThe Effects Of Lack Of Sleep On Physical Health1361 Words à |à 6 Pages The Effects of Lack of Sleep on Physical Health People think that when they have to finish something they can just stay up late to complete it and lose precious sleep time. In reality, that should not be the case. Millions of people around the world suffer from sleep deprivation. (ââ¬Å"Why Sleepâ⬠). Many people look at sleep as a luxury. Some people think that they can skip sleep and depend on coffee. The truth is the human body needs sleep. ââ¬Å"Sleep is essential for a personââ¬â¢s health and wellbeingâ⬠Read MoreHuman Bodies Are Much Like Carefully Crafted Machines1495 Words à |à 6 PagesIntricate human bodies are much like carefully crafted machines. Each function has a purpose, and each need has a particular function. And, much like a machine, bodies can replenish their power, repair themselves, and fail and break down. One particular necessity for human bodies is sleep, and if not acquired, many complications can emerge. Sleep deprivation is a common problem all too often overlooked as a mere loss of a nightââ¬â¢s rest. Most people do not realize the potential problems sleep deprivationRead MoreSleep Deprivation And Its Effects On The Brain And Body905 Words à |à 4 PagesWhile loss of sleep must be required at times, sleep deprivation has become a problem worth addressing because it is a very common sleep disorder which can adversely affect the brain and cognitive function. However, It has many effects on a human brain such as depression, memory lapses or loss, and symptoms similar to ADHD. In order to identify what sleep deprivation is, it is necessary to understand how sleep is a necessity for the human brain and body. Sleep is the most important part of one sRead MoreThe Theory, The Energy Conservation Theory1419 Words à |à 6 Pageswhat is sleep: Sleeping is something that most creatures of the animal kingdom have in common. A period of time where the body seemingly ceases to function. The average human is supposed to sleep 7-8 hours a day, and although this varies from species to species, the core function stays the same.The dictionary definition of sleep is ââ¬Å"the natural state of rest during which your eyes are closed and you become unconsciousâ⬠.(Sleep, n.d.) Although it seems like nothing is happening when the body is inRead MoreSleep Is A Periods Of Reduced Activity948 Words à |à 4 Pageswhat is sleep? Sleep is a period of reduced activity. During sleep the body changes internally and externally. It rejuvenates and restores the body, and it follows a predictable pattern consisting of infiltrating Non-REM and REM sleep. Review of Research: Sleep is usually a time where the body is at a lying down position with the eyes shut. The outcome of sleeping is when the bodyââ¬â¢s receptivity to external stimuli is diminished (The Characteristics of Sleep, n.d.). Generally people define sleep as anRead MoreThe Human Body And Body Needs Sleep835 Words à |à 4 PagesMeagan Hasselbeck English 10 Mrs. Wintrow 10 April 2015 How The Human Body Reacts To Sleep. Everyone knows the human body needs sleep. For some people, sleep is what they enjoy most, but why do human beings need sleep? Why is the urge to collapse into the warm safety of our beds so tempting? Why are we so grumpy when we donââ¬â¢t get enough sleep? Sleeping isnââ¬â¢t only relaxing but it is also helpful to your brain and body. ââ¬Å"We have to sleep because it is essential to maintaining normal levels of cognitive
Wednesday, December 11, 2019
Corporate Social Responsibility and Developing Sustainably
Question: Discuss about the Corporate Social Responsibility and Developing Sustainably. Answer: Introduction Corporate Social Responsibility is defined as an approach, which helps the organization in developing sustainably for delivering economic, social as well as environmental benefits to the stakeholders (Okpara and Idowu 2013). It is adopted by various industries in Australia for maximizing their annual profit. The telecom industry of Australia Telestra uses CSR in staying productive, competitive as well as relevant in the rapidly changing world of business. In this assignment, strengths as well as weaknesses of various phrases are illustrated. The report discusses significance of CSR, role of CSR in telecom industry of Australia, key players of Australian telecom industry, impact of CSR on the success of the business and improvements required in Corporate Social responsibility. Meaning and significance of Corporate Social Responsibility The term corporate social responsibility is a business approach, which helps in contributing towards sustainable development by providing economic, social as well as environmental benefits to all the stakeholders of the organization. Corporate social responsibility is very much significant for telecom industry as it helps the organization in staying productive, competitive as well as relevant in the rapidly changing world of business. It is stated by Okpara and Idowu (2013) that CSR provides opportunity to the telecom industry so that they can work for the betterment of the society in order to make it a better place to live. On the other hand, Schneider and Schmidpeter (2012) stated that CSR plays a significant role in making the brand of the organization more popular not among the competitors but also among the media as well as among the common people. Corporate social responsibility assists in strengthening the bond among various employees. The adoption of Corporate Social responsibility requires numerous changes in procedures. According to Korschun, Bhattacharya and Swain (2014), the telecom industry needs to hire some additional personnel for managing the initiatives of CSR. The actions came at a cost and as a result, it is quite expensive. On the hand, Cheng, Ioannou and Serafeim (2014) stated that many business undertakes the initiatives of CSR for bolstering their public images. The initiatives require the organization to release some important information, which has an opposite effect. Ho: The CSR can be advantageous for increasing the productivity of the organization. H1: The CSR cannot be advantageous for increasing the productivity of the organizations. It is found from the above analysis that the adopted CSR is either significant or disadvantageous for the telecom industry. The organization must adopt CSR effectively in order to utilize it in increasing the productivity of the organization as well as for becoming competitive in the market of Australia. Role of Corporate Social Responsibility in the telecom industry of Australia Corporate Social Responsibility is a term that is required for describing the efforts of an organization for improving its different operations. It is considered as one of the standard business practices by Telestra. The establishment of CSR strategy within the organization plays an important role in gaining competitive advantage. There are numerous roles of corporate social responsibility in the telecom industry of Australia. According to Ofodile et al. (2012), the policies of CSR helps in entailing self-regulation, adherence to various rules and regulations, achieving ethical standards, consumer satisfaction, welfare of the employees and stakeholders benefit. The telecom industries of Australia are always driven by the need of making more profits. The CSR assists the telecom industry in increasing their profits, sustainability, integrity as well as reputation in the business, which is included in the policy of the organization (Mousavi et al. 2013). The adoption of CSR by the organization Telestra helps in promoting the brand of the organization. The organization is experiencing rapid growth by having effective contribution in the gross domestic product of the nation. On the other hand, it is stated by Kobzar, Nikolayeva and Shvets (2014), that the adoption of CSR policies are not always driven or motivated by increased profit. The organization Telestra have realized that for adopting Corporate Social Responsibility, they require special appeal from the stakeholders (Sharma, Sharma and Devi 2013).The organization Telestra have faced number of challenges including insecurity of property, infrastructure problems, lack of credit, high volume cash transaction, environmental challenges and many more. The telecom industry of Australia also faces problems in performing the roles in context with corporate social responsibilities due to the government policies. H0: The adoption of CSR in the telecom industry of Australia Telestra is quite advantageous in increasing profitability. H1: The adoption of CSR in Telestra cannot be advantageous in increasing profit. It can be concluded that CSR have numerous roles in the organization Telestra for increasing the annual profitability but the organization also faces number of challenges in performing different roles within the telecom industry of Australia. Key players of Australian telecom industry and the initiatives taken by CSR The telecom companies in Australia are mainly engaged in maintaining, operating as well as accessing various facilities for proper as well as effective transmission of sound, text, data and many more. The main key players of telecom industries in Australia includes NetComm Wireless limited, My Net Fone Limited, Singapore Telecommunications Limited, TPG Telecom limited, and M2 group limited (Deng, Kang and Low 2013). There are number of initiatives, which are taken by Corporate Social responsibility in the telecom industries. Corporate Social Responsibilities provides basic expectations to the organizations by taking initiatives in protecting public health, safety of the public and the environment. According to Brammer, Jackson and Matten (2012), CSR helps in explaining the concepts of values and ethics for influencing the extent of corporation. The initiatives, which are taken by CSR for the telecom industries of Australia, have a positive impact on the evaluations of the company, which is mediated by the perceptions of self-company congruence for supporting various domains of CSR (Dyck et al. 2015). The initiative, which is taken by CSR in increasing the profitability of the company, also increases competitive advantage for the organizations. (Flammer (2013) opined that the CSR initiatives and financial stock market of the companies does not always have a positive impact on the performance of the organizations. H0: The initiatives taken by CSR may have positive impact on the telecom industries H1: The initiatives, which are taken by the telecom industries, do not have a positive impact on the organization. Corporate Social Responsibility adopted by different telecom industries helps in earning profit by the organizations. After deducting different expenses from the revenue, it is identified that the telecom companies of Australia are achieving profit by adopting CSR. The analysis helps in providing an idea about the operations of the organizations and their market capitalization assists in specifying the position of the companies in the market. Impact of Corporate social responsibility on the success of business Corporate social responsibility helps in increasing the profit of the organizations and therefore all the large companies are actively engaged to it. It is believed by some executives that CSR plays a significant role in improving the profit of the organization (Rupp et al. 2015). CSR helps in promoting the brand of the company in the market place, helps in enhancing the sales of the telecom industries, and increases loyalty of the employees. According to Baumann-Pauly et al. (2013), the activities, which are associated with Corporate Social Responsibilities focuses on various sustainability issues, which further helps in improving the efficiency of the organization. It is stated by Kitzmueller and Shimshack (2012) that adoption of CSR within telecom industries helps in gaining possible listings in the Dow Jones Sustainability Indexes or other indices which helps in enhancing the stock price of the company making the stocks options as well as the executives of stocks more profitable. It is opined by Marquis and Qian (2013), that Corporate Social responsibility does not help the organizations in gaining profit. The growths of profit in the telecom industry in context to CSR are frequently difficult to define as it is considered as a challenging task (Khan, Muttakin and Siddiqui 2013). An environment of tension is created within the telecom industries while efforts are provided in order to maximize profits the corporate social programs are targeted due to the social problems. It is also an important task to trace the benefits of CSR for tracing the performance of the organization. H0: The impacts of corporate Social Responsibility on the telecom industries are positive. H1: The impacts of corporate Social responsibility on the telecom industries cannot be positive. The CSR plays an important role in maximizing the profit of the organization and it helps the organization in resolving the issues that are related with sustainability. The organization needs to generate some ideas as well as policies in order to solve the challenges that the organizations faces due to the adoption of Corporate Social Responsibility. Improvements required in the area of Corporate Social responsibility Improvements in context to Corporate Social Responsibility are very much required for increasing the profitability within an organization. There are number of ways that can be utilized in order to improve the area of Corporate Social Responsibility. According to Morgeson et al. (2013), the organizations must make proper as well as effective decisions regarding sustainable purchasing as the decisions helps in buying sustainable goods and services. It is very much important for the organization to be upfront as well honest in order to provide information properly so that the involved stakeholders will achieve proper insight of the problems as well as challenges. It is stated by (Bondy, Moon and Matten (2012) that is quite important to have proper community development for ensuring positive relationship with the communities for making the organizations involved. It is analyzed that improvement in CSR increases competitive advantage for organizations. It is stated by Flammer (2015), that the operations, products or services that are utilized for improving the CSR of the organizations are not always environmental friendly and as a result it has some negative impacts on the growth of sales and consumption of products. H0: Improvements are required in Corporate Social Responsibility in order to enhance the success of the organizations. H1: Improvements are not required for enhancing the success of the organizations in Corporate Social Responsibility. It is very much important for the organization to use proper and effective operations as well as products so that they do not have negative impact on the environment of the organization. The organization must take help from the governments for supporting cleaner, greener as well as sustainable environment for improving corporate social responsibility of the organization. Conclusion It can be concluded that corporate social responsibility helps in providing positive influence in achieving completive advantage within the organization. It is analyzed that CSR helps in increasing the profit of the organizations, which further helps in promoting the brand of the company in the market place. It helps in strengthening the bond among various employees and focuses on various sustainability issues, which further helps in improving the efficiency of the organization. The CSR assists the telecom industry in increasing their profits, sustainability, integrity as well as reputation in the business, which is included in the policy of the organization. The CSR helps in providing an idea about the operations of the organizations and their market capitalization assists in specifying the position of the companies in the market. The initiative, which is taken by CSR in increasing the profitability of the company, also increases competitive advantage for the organizations as CSR in itiatives and financial stock market of the companies does not always have a positive impact on the performance of the organizations. Therefore, it is quite important for the organization to adopt CSR effectively in order to utilize it in increasing the productivity of the organization as well as for becoming competitive in the market of Australia. The organization needs to generate some ideas as well as policies in order to solve the challenges that the organizations faces due to the adoption of Corporate Social Responsibility. References Baumann-Pauly, D., Wickert, C., Spence, L.J. and Scherer, A.G., 2013. Organizing corporate social responsibility in small and large firms: Size matters.Journal of Business Ethics,115(4), pp.693-705. Bondy, K., Moon, J. and Matten, D., 2012. An institution of corporate social responsibility (CSR) in multi-national corporations (MNCs): Form and implications.Journal of Business Ethics,111(2), pp.281-299. Brammer, S., Jackson, G. and Matten, D., 2012. Corporate social responsibility and institutional theory: New perspectives on private governance.Socio-Economic Review,10(1), pp.3-28. Cheng, B., Ioannou, I. and Serafeim, G., 2014. Corporate social responsibility and access to finance.Strategic Management Journal,35(1), pp.1-23. Deng, X., Kang, J.K. and Low, B.S., 2013. Corporate social responsibility and stakeholder value maximization: Evidence from mergers.Journal of Financial Economics,110(1), pp.87-109. Dyck, I.J., Lins, K.V., Roth, L. and Wagner, H.F., 2015. Do Institutional Investors Drive Corporate Social Responsibility? International Evidence.Do Institutional Investors Drive Corporate Social Responsibility. Flammer, C., 2013. Corporate social responsibility and shareholder reaction: The environmental awareness of investors.Academy of Management Journal,56(3), pp.758-781. Flammer, C., 2015. Does corporate social responsibility lead to superior financial performance? A regression discontinuity approach.Management Science,61(11), pp.2549-2568. Khan, A., Muttakin, M.B. and Siddiqui, J., 2013. Corporate governance and corporate social responsibility disclosures: Evidence from an emerging economy.Journal of business ethics,114(2), pp.207-223. Kitzmueller, M. and Shimshack, J., 2012. Economic perspectives on corporate social responsibility.Journal of Economic Literature,50(1), pp.51-84. Kobzar, T., Nikolayeva, V. and Shvets, O., 2014. CORPORATE SOCIAL RESPONSIBILITY. Korschun, D., Bhattacharya, C.B. and Swain, S.D., 2014. Corporate social responsibility, customer orientation, and the job performance of frontline employees.Journal of Marketing,78(3), pp.20-37. Marquis, C. and Qian, C., 2013. Corporate social responsibility reporting in China: Symbol or substance?.Organization Science,25(1), pp.127-148. Morgeson, F.P., Aguinis, H., Waldman, D.A. and Siegel, D.S., 2013. Extending corporate social responsibility research to the human resource management and organizational behavior domains: A look to the future.Personnel Psychology,66(4), pp.805-824. Mousavi, Z., Beiranvand, F., Moeinfar, Z. and Amouzesh, N., 2013. Corporate Social Responsibility.Life Sci J,10(6s), pp.8-10. Ofodile, U.E., Altschuller, S.A., Dolize, A. and Fessler, M., 2012. Corporate Social Responsibility.The International Lawyer, pp.181-197. Okpara, J.O. and Idowu, S.O., 2013.Corporate Social Responsibility. Springer Berlin Heidelberg. Rupp, D.E., Wright, P.M., Aryee, S. and Luo, Y., 2015. Organizational justice, behavioral ethics, and corporate social responsibility: Finally the three shall merge.Management and Organization Review,11(01), pp.15-24. Schneider, A. and Schmidpeter, R., 2012. Corporate social responsibility.Verantwortliche Unternehmensfhrung in der Praxis, Berlin ua. Sharma, J.D., Sharma, J. and Devi, A., 2013. Corporate Social Responsibility.The Key Role of Human Resource.
Wednesday, December 4, 2019
Calveta free essay sample
Antonio Clavetaââ¬â¢s passion for food and traditional family values was the reason why Calveta Dining Services started. It begins in 1966 with a neighborhood restaurant which was features old family recipes. Eventually he started to expand his restaurants. In 1972 Calveta Dining Services entered into senior market which operating nearly 1,000 senior living facilities (SLFs) dining services in the United States. Calveta is operated all aspects of resident dining facilities such as menu development, meal preparation and service, and implementation of special programs. Calveta was the fourth largest competitor in the market. Calveta emphasize on the quality food and improving the services by making continuous innovations from time to time. When, Antonio Calveta retired in year 2007 after 35 years serving the business. Antonio handover CEOââ¬â¢s position to his son, Frank Calveta. Frank was by his father to double the companyââ¬â¢s revenues within five yearsââ¬â¢ time. The revenue was $2 billion, 10% of the total market in 2007. 2. 0 ISSUES/PROBLEMS Frank as the president and CEO of Calveta Dining Services, he wants to fulfil his fatherââ¬â¢s desire, which is to double the companyââ¬â¢s revenues within five years. He is confronting with lots of challenges such as:- 1. The companyââ¬â¢s reputation, 2. Lack of infrastructure to enter into new market , 3. Management changing as well as high turnover of employees. Maintaining Antonioââ¬â¢s way. 4. The main issue is whether Frank Calveta should take over Great Southwest Dining Service (GSD) or not. However, according to Jennifer Calveta, chief operation officer of Calveta, GSD does not have good reputation and having high staff turnover. On the other hand, Frank would achieve or at least come close to the revenue goals his father set if he is to take over GSD. 3. 0 SWOT ANALYSIS After going through Calveta Dining Service case study, there are list of the strengths and weakness. 3. 1 Strengths: -High set of values (Antonioââ¬â¢s Way) -High revenues -Loyal customers -Family business -Years of experience -Very define niche (SLFââ¬â¢s) -Focus on employeesââ¬â¢ development Calvetaââ¬â¢s main culture is focusing on the high quality food and customized services. First, the high-quality food with more nutritious enables the company receive high ratings from SLF residents and managers. Considering the health reasons of their targeted customers, older people, Calveta provides fresh ingredients at a lower price, which creates a great advantage over competitors who provide canned ingredients. Furthermore Calveta had launched ââ¬Å"At Your Serviceâ⬠catering program which allows their customers to pre-order their menus and personalize service by making customer feel more cared for. The third strength is that the unique human resource culture with the company motivates employees successfully by implementing pay-for-performance plan, wide-ranging training program, and the career progression program and among others. The employees are highly motivated by pursuing great opportunities to be promoted and receiving generous benefits. Calveta applies cost-control model that gives them advantage to sign the contracts at a low price and therefore provides a lower price to customers. They also discourage wastage therefore it helps them in reducing the cost production and yield saving in cost as well as raw materials. 3. 2 Weakness: (internal factors) -Unable to find growth strategy that fits core competencies. -Lack of infrastructure to expand into university campuses. -No debt philosophy -Re-assignment of managers -Low gross margin -Spending on services rendered -Missed entry point for hospital market. Calveta had divided its operations, each by a Regional Vice President, whereby each was supervised a Director of Operations and up to Six Area Mangers. Each Area Managers handled both operations and sales in their geographical, including obtaining contract renewal for existing contracts. Calveta has a great disadvantage was the organizational structure caused by the implementation of career progression programs, which encourages frequent promotions and instable job positions. Even though the program is an effective method to motivate employees and achieve rapid development, the frequent change in manage teams harms the service quality and efficiency and increases the employeesââ¬â¢ dissatisfactions for the stressful organizational structure. The front line employees were no longer communicating well with the back-of-the-house employees due to the quantity of workers in each role varied widely from one account to the next, based on the number of residents, the food service options and client demands. 4. 1 PROPOSED SOLUTION After going through Calveta Diving Services case, we have come up with some proposed solution. Everything solution as their own drawbacks and benefits depending on the situation and decision took by the company. These are continuing the existing business, entering into new segments, purchase Great Southwest Dining (GSD) and acquire northwest Gourmet. Frank has to work on these solutions to see which one brings the maximum benefit and fulfils his promise to Antonio. 4. 1 Continuing the existing business The advantages of the strategy above are that there is less risk, and wonââ¬â¢t be any incurring any additional costs. All the operating expenses will remain more or less same. Reputation of the organization will remain the same. Provision of customized service intertwined with the quality of food remains constant and it will also not be affected . The organization can still able to uphold its own culture which was being followed traditionally. The disadvantages of the strategy are that there are very less chances to meet target that is to double the revenue and growth of business into new market would be restricted if this strategy is chosen by Frank Calveta. 4. 2 Entering into new segment (hospital) The benefits is that it presents a logical fit with Calvetaââ¬â¢s core competencies, and once the economy is back to track, the growth in hospital budgets would surely come as the demographics seemed to mandate that. Moreover hospital administrators might perceive Calvetaââ¬â¢s skills at cost control as a means to containing expenses. Trends toward the provision of fresher, more healthful menu offerings for both patients and visitors would also work in Calvetaââ¬â¢s favor. Customers from the hospital segment would accept Calveta Dining Services as the residents of SLF without much hassle. The drawbacks are that the culture of the company might not be maintained as it gets mixed with that of the hospital demographic. However there is few entry barriers in the financial point of view in this segment such as the organization cannot estimate or forecast its growth beforehand and it could also affect the reputation that the company has been having for a longtime. 4. 3 Acquiring GSD and Northwest Gourmet The benefits are higher chances to reach the targets and obtaining desired market attraction. Plus point is that its geographical coverage did not overlap with that of Calveta, which indirectly increases its market and also coverage. GSD is presented in a good position, when the revenue generation is taken into consideration. Calveta would obtain a great deal of loyal customer as it was maintained by GSD and there will less cost in advertisement to promote and find new customers. The organization hierarchy could be restructured so that it could accommodate significant growth while preserving the companyââ¬â¢s core values. The drawbacks are that GSD had labor problems and substantial turnover in their management ranks. Spreading the company may reduce the quality of service. They will have to bear heavy debts, as mention in case study that when Frank evaluated the debt his eyes popped. Whereas as according to Jennifer Calveta, GSD was barely running in a profitable manner but it seemed to have a great potential. 5. 0 IDEAL SOLUTION AND HOW TO IMPLEMENT THEM It is understood that Frank is liable to choose any one of the mentioned strategies, so that Calveta is able to double its revenue by the end of the year 2011. Every strategy has got its own pro and cons from which a decision had to be made. As all the options have been analyzed, it can be derived that the third alternative is comparatively worth enough to be used rather than the others. Even though it has to bear huge risks, it seemed to be having a great customer potential if it could retain its customer accounts. Another solution is that untapped potential in SLF markets as the Calveta has only 25% contracted therefore the balance 75% is huge potential. They should all out to make sure those remaining at least worst case scenario 18% are contracted to them per year to at least reach the target at the very minimum. Now Calveta contracted 976 SLFs which results them $2 billion. If it increases by 18% to 1152 SLFs the Calveta can generate $2. 36 billion per year (estimated). By 2011 they can generate $2. 79 billion and 1360 SLFs (estimated). Calveta has always offers quality of food and great services at the very affordable prices Calveta should also have room for expansion on West Coast as there is no current operation and SLF are abundant in California, Arizona and Nevada. Calveta Dining Services should consider building headquarters and distribution center as these is necessary for operations and best if it is located in Nevada. This will help Frank to monitor and regulate the SLFs located in different regions of the country. As they have had a previous experience of spreading their company into the educational segment which turned out to be a failure, it would be better when expanding to hospital segment. Therefore venturing into hospital segment would be a better idea as the reason they failed was because they lack of infrastructure. By venturing hospital Calveta can earn more profit, eventually can venture into educational again without any problem. As about the employees falling apart from Antonioââ¬â¢s Way Jennifer should be promoted to President of West Coast Directors as she has most of the knowledge of operations and authority and relieves tension. Frank might have to try to meet every new employee as his father did. After that it is advised to hire a National Manager of company culture to maintain Antonioââ¬â¢s Way, to oversee human resources issues and to ensure consistency. When GSD is taken into consideration, it produced annual revenue of $1. 5 billion and has a growth in revenue. Since it was barely profitable, indirect expenses and administrative expenses were high in GSD. On using the cost-control system of Calveta, they could increase their net profit. Calveta should hire more representatives to encourage old representative to teach the new ones, to work with new clients and create close relationship. By doing this Calveta can slowly develop GSD employees to attract or get used to Antonioââ¬â¢s Way. Itââ¬â¢s better to increase the share capital than going for bank loan as the shareholders equity in the organization is low. 6. 0 SYNTHESIS From the case analyzed, if option is chosen where Calveta has to acquire General Southwest Dining Services (GSD) as: GSD does not generate revenue in a smooth or good manner for which they need Calveta to join them so that they could use Calvetaââ¬â¢s cost-control system. GSD has got geographical coverage which would enhance their strategy and it could also use the core values of Calveta, so that they could increase the reputation of the company as a whole. It is also better to increase the share capital than going for a bank loan, because the companyââ¬â¢s financial position is bad. The employees of GSD have to be provided with training and they also have to recruit few into the company and restructure the organization by shifting managers from Calveta to GSD. A new organizational structure has to be made that accommodate significant growth while preserving the companyââ¬â¢s core values. It has to consider in dividing the sales and operations functions completely, creating additional regions and districts, and eliminating management levels. The case has shown the examination of the role of staffing; training, developing, and treatment of employees can play in a firm committed to high-quality service. It also explores the idea of the structure of the organization that can accommodate growth, effective communication, and the maintenance of the ethics and the culture of the company.
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