Friday, September 13, 2019
Improving Business Processes Essay Example | Topics and Well Written Essays - 4000 words
Improving Business Processes - Essay Example The resultant is the re-designing of business processes into much more concise and comprehensive steps that are simpler and require very little or almost none manual inclusion. The current scenario discusses the business processes relative to the purchase arena of a Hypermarket. A Hypermarket is a complex unification of a number of business processes. A series of business processes come together to achieve a single goal of running the hypermarket and selling goods to its consumers. BUSINESS PROCESSES The current task at hand is to focus on the business processes that make up the purchasing tasks relative to the Hypermarket. There are a number of business processes that are concerned with the purchasing arena. Three of them are narrated mentioned as follows: 1. Order New Stock Process 2. Up-to-date Stock Items and Monitoring 3. Reporting. The above mentioned business processes would be illustrated and explained in both parts 1 and 2 with respect to conventional and online methods resp ectively as follows: PART 1 BUSINESS PROCESS 1: Order New Stock Process. CONVENTIONAL MANUAL METHOD (With reference to Figure 1) DESCRIPTION OF BUSINESS PROCESS In the conventional business processes, the requests for stocks update is made by the stock control department. Once the stock generation request has been put forth, a list of potential stocks that need to be updated shortly is generated. The subsequent step is to mark out the potential suppliers that can be contacted for providing the required goods. Once the suppliers have been chalked out the need for the availability of the stuff is assessed by the time of its requirement. A decision is supposed to be made here. It the supply of goods is required by the purchase department urgently then the purchase order is sent manually to each supplier. However if there is no urgency in the requirements of the proposed goods then they are further assessed for the best deals available for purchase. It also assesses the availability of the most cost-effective and quality conscious suppliers. Once the choice of the preferred supplier has been made, the purchase order is now made by sending purchase order to each supplier. The order is now received at the purchase department. If the received order contains the goods then preparations are being made to deliver them. On the other hand if the processed order does not contain the required goods then arrangements need to be made to obtain the requested supplies of goods from elsewhere. Once the supplies have been achieved, their delivery is aimed at. A last check is performed before the supplier supplies the goods. This is to check if there are any outstanding payments to be made by the purchase department. If there response is a yes then those outstanding payments are added to the current bill otherwise the bill for the current transaction only is made and dispatched with the required goods to the purchase department. LIST OF BUSINESS RULES 1. Multiple suppliers may sup ply similar products. Therefore, it is necessary to figure out the best deals in order to minimize the cost. 2. The supplier data and related details must be updated continuously in order to keep up with the updated purchase deals and discount they offer. 3. In case of urgently needed products the order can be placed to the supplier who can provide the product at earliest.Ã
Thursday, September 12, 2019
In depth analysis about article Essay Example | Topics and Well Written Essays - 500 words - 1
In depth analysis about article - Essay Example The article contends that foreign trade does not necessarily increases the amount of value of commodity unless it is accompanied by increase in demand. This is important facet of economic principle that heavily relies on demand and supply of goods and services for optimal profit. The influx of capital and employability within the production process results in profits either due to new technology and methods that increase efficiency or there is decrease in wages that help to increase the percentage of profit. Thus, increase in revenue or decrease in consumption will result in accumulation of capital which can be gainfully employed for production of other commodities. They are indeed, vital inputs for trade and apply equally for domestic and foreign trade. Interestingly, the article also highlights that countries tend to favor import of those goods which have relatively higher cost of production. Ricardo gives example of corn which he says would be imported by England even if it has fe rtile land. Main reason is that it gains relatively higher profits on export of wine for which it has developed improved skill and technology which lower the cost of production.
Wednesday, September 11, 2019
White Collar Crime Term Paper Example | Topics and Well Written Essays - 3750 words
White Collar Crime - Term Paper Example White collar crimes are less obvious due to their ability to incorporate legitimate and criminal behavior. Whether committed by corporations or individuals, white collar crimes cause serious financial and social repercussions in the society. These crimes tend to increase the cost of doing business, which is in turn passed on to consumers in the form of increased prices and decreased services. Victims of white collar crimes and all members of society affected by these crimes experience emotional consequences, which include violation of trust, stress from victimization, and damage to public morale. Categories of crime include fraud, conspiracy, embezzlement, tax evasion, and money laundering. All these types of crimes have different magnitude of negative impact in the society, and this report has recommended turf penalties to be imposed on those who are implicated. The issues are recurrent and are likely to reoccur with the emergence of new opportunities, therefore, measures should be taken to avoid loss of property, money, markets, or personal possessions. For that reason, the society has the responsibility to deploy its private and public administrative, law enforcement resources and research in trying to contain white collar crime. White collar crime Introduction The phrase white collar crime best describes a violence free method of obtaining money illegally. With regards to criminology, Edward Sutherland was the first to use the phrase during the 1939 speech to the American Sociological Society. In 1940, more than forty years ago, Sutherland coined the term white collar crime. ... In the early 1930s, the passage of the first securities act laid a powerful foundation for the legislative weapons against financial fraud as it saw the prosecution of bankers and government officials for abuse of trust; whereas the federal mail fraud statute took a key role as part of an extensive law enforcement tool against business fraud. Furthermore, a president of the New York Stock Exchange was convicted before Sunderland discovered white collar crime. Nevertheless, he discovered white collar crime for the American criminologists; and although it has been dormant, white collar crime has been a top agenda for over forty years (Glovin, 2009). White collar crimes often relate to crimes that have to do with large finances yet no physical violence takes place (Levi, 2010). The same rights and protections given to defendants of other crimes are accorded to people accused of white collar crimes. White collar crimes involve most of the legal principles as other crimes, but they are co mplex than other crimes as they involve complicated legal and factual issues. Criminal forfeiture, fines, restitution and prison sentences are among the penalties involved in white collar crimes. A consultation with an experienced white collar criminal defense attorney should be the first option for anyone charged with white collar crime. Discussion White collar crimes vs blue collar crimes What is available to the potential offender constitutes the function of the types of crimes committed. Therefore, the risks to engage in crime are lower in those employed in unskilled environments and living in inner-city areas as compared to those who live in prosperity and where large financial transactions take place. Shoplifting and vandalism are types of blue
Tuesday, September 10, 2019
Habermas the Public Sphere Essay Example | Topics and Well Written Essays - 1000 words
Habermas the Public Sphere - Essay Example 1-13). According to many political theorists, the public sphere is an important entity for a strong democracy. The public and the private spheres acquired a clear distinction in the 17th and 18th century. The public sphere usually consists of informal citizen discussions and deliberations that lead to the formation of a public opinion which is rational enough to guide and influence political systems. Habermas has given a complete outline of the public sphere in The Structural Transformation of the Public Sphere: An Inquiry into a Category of Bourgeois Society. (1989). This piece of work outlines the public sphere critical theory in a systematically developed manner (Dahlgren, 1995, p. 44). The public sphere thus develops from the realms of public authority as well as private relations. The private relations may involve the family and the civil society at large. The private individuals, therefore, come together to form the public sphere. They are driven by the notion of speech without censorship as well as the desire for unified reasoning. According to Habermas, therefore, the public sphere involves both historical economic and political concerns. He continues to explain that every communication contains a communicative action which is oriented towards an agreement. Whenever a matter concerning living together as a people with differences is debated, the public sphere is always constituted. The public sphere became more of a commercial and entertainment entity rather than its conserving its political character. The shift from the original character to other commercialized versions is documented in the press. Habermas, therefore, looks at the integration of literature and journalism as well as the role played by mass media. The public sphere was also affected by the emergence of mass media. The apparent evolution of the communications environment has made the public sphere to change to a platform for advertisements. As a result of these, there emerges a new class of participants such as public relations practitioners (Thompson, 1993, p. 67). Democracy, according to Habermas, is founded on the world of life. It is this world of life that enables free communication between different people. It also drives people into pursuing private and individual interests as opposed to common goals in life. The media plays a crucial role in any democracy. This comes easier, of course, if the environment is right. Such an environment is one which consists of the requisite skills that enable democratic reporting. The media is most of the time flooded with advertisements that target some individual tastes. The information that is presented is also based on the pre-existing views. There should, therefore, be mechanisms which check for public accountability as well as professionalism in media operations. One of the characteristics that identify a democracy is the independence of the media. This is strengthened by the financial viability of the media organizatio ns. Financial strength ensures that the media operates in an environment free of external influences, especially political influences (Hallin, 1994, p.12). The media is also an essential for checking the political system when that system is unable to meet the social expectations. The media is, however, not expected to entertain political bias or partisan reporting at all. Accessibility of the media
Monday, September 9, 2019
Source evaluation Essay Example | Topics and Well Written Essays - 750 words - 3
Source evaluation - Essay Example This source is reliable, considering that it has drawn its content and conclusions from other scientific studies. This being the case, the source presents a well-balanced argument from both sides, backed by the relevant scientific data collected by the scientific studies. The conclusions and arguments of the source have been drawn from a data set comprising of responses from questionnaires sent to over 7,000 doctors, which was compared to responses obtained from 3500 professionals working in different fields (Chen, n.p.). Thus, while there is the element of the doctors being prone to long working hours, the major influential factor in the doctorââ¬â¢s burnout, was their immediate involvement in front-line access to care (Chen, n.p.). The source therefore does not present any form of bias. The source presents a well-balanced argument, considering that it draws its argument from scientifically conducted studies, as opposed to mere observation regarding the lack of competency of the doctors. The balanced argument in the source is presented through the presentation of the problem on the one hand, and the explanation of the causes of the problem, on the other hand. Therefore, while the source argues for the existence of doctorââ¬â¢s burnout problem, it gives the relevant explanation, that the causes of such burnout could range from the limited time that the doctors are allowed to be with the patients, to the prescription restrictions offered by the health insurance companies (Chen, n.p.). Further causes could be the lack of sufficient empathy from the doctors, to increased rate of errors, which may be caused by involvement in other administrative tasks. Further, to balance the argument that doctors are increasingly demonstrating signs of classic burnout; the source draws backing from a real life situation, where there is an increase in the number of the Americans who are seeking medical services without being insured.
Sunday, September 8, 2019
Navigation Incident NO.2 Essay Example | Topics and Well Written Essays - 750 words
Navigation Incident NO.2 - Essay Example This factor can be noticed after knowing about the collision of Argyle Express and ro-ro passenger Cargo ferry Plymouth Venturer on 31st April 2004 at 10:22. The collision was there because of reduced visibility; however, there was less damage as both the vessels were turning away from each other at the impact moment. The vessel type of Argyle Express was Passenger/ ro-ro cargo ferry, twin hull while Plymouth Venturer was Passenger/ ro-ro cargo ferry and both the vessels had experiences of daily travelling. LOA of Plymouth Venturer was 150m, gross tonnage was 16010, service speed was 23 knots while the engine power was 1992 KW, 2 x diesels. LOA of Argyle Express was 80m, gross tonnage was 4246, service speed was 40 knots while the engine power was 22000 KW, 4 x diesels. Discussion Argyle Express and ro-ro passenger Cargo ferry Plymouth Venturer had adopted proper watchful strategies as both had master, mate and rating lookout on the bridge. Two radars were also there to report about any incoming vessel but their distance was only six miles. According to the rule 7b, ââ¬Å"Proper use shall be made of radar equipment if fitted and operational, including long-range scanning to obtain early warning of risk of collision and radar plotting or equivalent systematic observation of detected objectsâ⬠(COLREG 1972). ... According to the rule 19b given in COLREG (1972), ââ¬Å"Every vessel shall proceed at a safe speed adapted to the prevailing circumstances and conditions of restricted visibility. A power-driven vessel shall have her engines ready for immediate manoeuvre.â⬠and according to rule 6 and 6i in COLREG (1972), ââ¬Å"Every vessel shall at all times proceed at a safe speed so that she can take proper and effective action to avoid collision and be stopped within a distance appropriate to the prevailing circumstances and conditions. In determining a safe speed the following factors shall be among those taken into account: (a) By all vessels: (i) the state of visibilityâ⬠. Therefore, both the vessels surpassed the speed limit without paying any heed to the poor visibility conditions and without considering the rules designed for such conditions. Both the vessels were aware of each otherââ¬â¢s entering and departure from supervising VTS communications; however, there was no commu nication between the two vessels due to which, there was a collision. Both were knowledgeable about the movement of other vessel but no one felt the need to communicate with other. After gaining knowledge about Argyle Express movement from bridge team and approaching collision conditions, Plymouth Venturer changed its course only 7 degrees to starboard. This much alteration of path was not sufficient as stated in rule 8b, ââ¬Å"Any alteration of course and/or speed to avoid collision shall, if the circumstances of the case admit, be large enough to be readily apparent to another vessel observing visually or by radar; a succession of small alterations of course and/or speed should
Saturday, September 7, 2019
The Five Minds of a Manager Article Example | Topics and Well Written Essays - 750 words
The Five Minds of a Manager - Article Example One of the main focuses of the discussion in the article is based on the five managerial mindsets. Everything an effective manager does is sandwiched between action on the ground and reflection on the abstract. These two mindsets must be combined to in order for reflective thinking to meet practical doing. The five modules of the mindset program discussed in the article are: managing-self, managing organizations, managing context, managing relationships, and managing change. The first managerial mindset is managing self or the reflective mindset. These days managers need to desperately stop and think and to step back and reflect on their experiences. This type of mentality and thinking process can help managers gather ideas. Most people go through their lives undergoing a series of happenings which pass through their systems undigested. Happenings become experiences when they are digested and reflected upon. Synthesizing these ideas can lead to creative business solutions. Managers m ust reflect upon the actions of the company to ensure they are acting in a correct and socially responsible manner. Managers must look at this from the perspective of other stakeholder groups such as customers. Reflective managers are able to see behind in order to look ahead. Managers must pay attention to detail and to history. The problems made by the company in the past should not be repeated. The second mindset is managing organizations or the analytical mindset. Analysis breaks down complex phenomena into components or parts. Good analysis provides a language for organizing and it provides measure for performance. The key for analyzing effectively is to get beyond the conventional approaches in order to appreciate how analysis works and what effect it has on the organization. The use of analysis can enhance the problem solving abilities of the company. The third mindset is managing context or the worldly mindset. Managers have to look beyond their cubicles and appreciate the w orld around them in order to better serve the needs of the customers.
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