Finance SLP5 Essay Example | Topics and Well Written Essays - 500 words

Finance SLP5 - Essay Example The average Japanese stock pays less than one percent in annual dividends per year (Norris, 1995). In Japan the overall sad state of the economy has gotten better during 2008. The country had endured a 15 year span of basically no economic growth and was stuck in a climate that felt like a constant recession. The stock market completely bottom out, but finally there is light at the end of the tunnel. The fourth quarter numbers for 2007 demonstrate an economy on the rise, if the benchmark of GDP was annualized it reflects a Japanese annual economic growth of 3.7% (Hutchinson, 2008). The economy is one of the most influential factors in the behavior of a country’s stock market behavior. Despite that fact last year was another bad year for Japanese stocks. The SPDR Russell / Nomura index which reflects the value of smaller companies dropped 30% altogether last year (Hutchinson, 2008). The stock market in Japan is extremely risky. If an econometric statistical analyst was perform I’m sure the Beta coefficient for the marketplace is extremely high. There is still lots of uncertaintly over the long term performance of the Japanese stock market. The yen during the last year has not done well and has lost purchasing power against the dollar which is bad sign for Japanese stocks. Investing in a marketplace with high level of risk has its advantages for sophisticated and smart investor that can find hidden gems within all the chaos. It is basic economic that with high risk come high rewards which means that in stock market such the Japanese stock market there are great short gains to be made in many stocks in the marketplace. I would personally invest in the Japanese stock market place. As stated earlier there are opportunities to find high yield stocks in such a market. The smart move is to diversify and include a portfolio of blue chip U.S. stocks when attempting to make money in high risk

Free Speech on the Internet Essay Example | Topics and Well Written Essays - 500 words

Free Speech on the Internet - Essay Example These varying ideas and opinions provide the uninformed with a wide range of possibilities and sufficient grounds to make their own judgement. Hence freedom of speech, in this context, must remain untied with restrictions and laws. The criticism against freedom of speech is the fact that people may use this right in order to defame other people, develop controversies, provide an easy platform to make sex talks and the like common and negatively change people’s arguments. The criticisers believe that restrictions must be imposed in order to protect people’s privacy and reputation from the abusers of this freedom. The justification to their criticism is the increasing debates over political, social and religious issues. The increasing conflicts and worsening law and order situation provide them with the chance to stand against such freedom. In my opinion, all these arguments are, to a great extent, baseless. Milton describes in Areopagitica two kinds of people: the prudent ones and others who are imprudent. Prudent class of people are able to distinguish between good and bad, reasonable and unreasonable; imprudent, on the other hand, are unaffected by any judgements. In other words, we may say that prudent class has the power to analyze, asses and judge every event, claim or argument; whereas, imprudent do not have their own opinion and they lack the power of expressing and judging. Hence, imprudent remain unaffected by the opinions and expressions of others and prudent accept the claims only if they have any instance of truth in them. Moreover, it is also a noticeable fact, that any restrictions on freedom of speech may keep people from exposing the truth which is against society, political system or well-known personalities. In conclusion, we may say that freedom of speech is a right of people and must not be violated by unnecessary laws and regulations either in real life or on internet. Freedom

Personal development planning Essay Example for Free

Personal development planning Essay I am 24 years old and married to my husband Paul we live in Maybole in a two bedroom cottage. I left school at 16 with standard grade level English, maths, history, French and music. My first job was in a nursing home it was then I realised how much I enjoyed working in care and caring for people. I worked in the nursing home for 2 years then left to be an activity’s co-ordinator in a day care centre in Prestwick where I would plan daily activity’s and outings for clients who came for respite day-care the centre sadly closed down after 3 years. I found a part time job in a local pub but I didn’t enjoy it as much as caring I worked in the pub for 2 years until I found a job working for a homecare company I enjoyed but found the hours unsociable it was then I decided to apply for college. I applied for N.C social care and was placed on the reserved list due to the course being full then a week after the course started I got a phone call to start. I attended college from September to june working threw my course studying and passed all my exams. I also attended a work placement at Hansel village respite cabin which I enjoys working with the clients as id never worked with adults with learning difficulties. I was offered a permanent job with Hansel after I left but sadly couldn’t take the job offer up as I had applied to do HNC and Hansel could only offer me 30 hours per week. Whilst doing my NC I enjoyed the subject mental health and decided then that I would like to become a mental health nurse. My hopes are th at I graduate with my HNC and can apply to university and get a degree. Step 2: Broad objective where am I going next? Whilst completing this unit in Personal Development Planning, I have opted to focus on the following area of development my ability to write reports and essays having done an N.C in social care last year I had to do a few reports and essays and realised that I don’t structure them properly this is something I need to practice and develop my skills and abilities in doing this. I would like to progress and graduate from college with my HNC in social care and apply to university of the west of Scotland and do a degree in mental health nursing and work in a psychiatric hospital. Further development of core/key skills Step 3: Self appraisal Personal skills, qualities and contexts Core skill Evaluation Evidence to support evaluation Communication Good When doing an NC in social care one of the tasks I had to do was a presentation in front of the class I became really nervous and didn’t make a lot of eye contact. This is something I would like to work at and concentrate on in the future when delivering presentations. Numeracy Poor Numeracy was apart of my NC course last year and I failed two attempts at an exam working out percentages and doing box plots but I find with extra studying and breaking it down I can complete some numeracy tasks. IT Average I received a standard grade for admin at school this gave me some knowledge on IT skills. On my college course last year I done IT at a higher level where I was shown how to use different search engines and how to type up reports essays and save my work. Problem solving Poor When faced with situations I tend to panic rather than look for solutions to  resolve problems. I feel this is something I can develop in. Working with others Good Threw my recent jobs as a carer, bar maid, activity’s coordinator I have had to work as part of a team to deliver my work and do the best in my job. I also work with others at college to do research on my subjects this is something I enjoy doing. Personal qualities I am a hard working reliable individual. With an NC in social care this has given me a wide knowledge of sociology, psychology and helped me realise my own personal values and principles. I have developed my caring practical skills threw working in in many different care aspects and work placements. I am an honest and trustworthy person who enjoys working as part of team and also on my own initiative. Knowledge and understanding I have a wide knowledge of care and an understanding of my own personal values and principles that I try and introduce when caring for individuals with different needs. I also have a basic knowledge of sociology and try to have an understanding in which way society works. And my basic knowledge of psychology helps me understand peoples behaviours. Technical skills I feel my technical skills can be worked on and developed threw out this course. Threw work and work placements I have a basic knowledge on moving and handling. I also have basic computing skills. Contexts, other factors to consider Step 4: Setting personal objectives Personal objectives — prior to interview with tutor Short-term (this year) I hope to pass my course and gain my HNC in social care. I also hope to gain knowledge and develop new skills threw out the year in all aspects of social care and on college work placement. Medium-term (next year) I hope to be able to apply to university and have enough qualifications and skills and to be able to stay focused on my work and my short and long term goals to be achievable. Long-term I hope to have gained a degree in mental health nursing and be in a job I enjoy doing that helps me stay motivated.

Strategic Marketing Management Sainsburys

Strategic Marketing Management Sainsburys Introduction J Sainsbury plc is a huge UK based food retailer with interest in financial services. Its chain of supermarkets has survived the challenges of competitive retail business since 1869, which makes it the longest standing major food retailing chain in UK. With the heritage of providing customers with healthy, safe, fresh and tasty food it has indeed come a long way from a small store from Drury lane to the current headquarter in Holborn, London. Currently it is serving over 18 million customers just in a week and have a market share of a staggering 16%. Along with its 502 supermarkets it has over the course of time diversified its business to 290 Sainsburys convenience stores, an internet-based home delivery shopping service and Sainsburys Bank. The internet-based home delivery shopping is available noticeably to about 88 percent of the UK households. They clearly identified five areas to focus on in order to maintain their superiority in the retail business which were a) Great food at fair prices b) Accelerating the growth of complementary non-food ranges c) Reaching more customers through additional channels d) Growing supermarket space e) Active property management. Situation Review In order to perform the situation review as a Marketing Consultant I have decided to conduct a SWOT analysis of J Sainsbury Plc. The reason behind my selection of SWOT analysis is that it has been used for a long time and is a trusted tool of strategic and marketing analysis. Its importance in reviewing the situation of a company is massive as it suggests ways in which the organisation can profit from strengths and opportunities and shield itself from weaknesses and threats (Adams, 2005). After the explanation of every SWOT elements of J Sainsbury Plc Ive also mentioned the likely effect of such elements to their competitive advantages and brand. However it is a method that has to be used very carefully because if not thought or investigated properly the results will not provide the actual picture. Strength There are several strengths of Sainsbury that needs be highlighted when performing a situation review which are analysed below: Sainsburys as a brand: Brand of Sainsburys stands it out amongst the crowd of other supermarkets. The goodwill that has been built over 140 years of service in its business is represented by its brand and that has several benefits like customer loyalty, brand familiarisation, increase and maintenance of customer belief etc. If Sainsburys want to increase its outlets the cost involved for advertisement for the local areas will be far less than that for a smaller organisation with a lesser known brand. Having such a strong brand is definitely continue to enhance its competitive advantage as other new competitors will have a hard time building up such a good brand as it needs a lot of time and effort. Use of effective Marketing Strategy: Sainsburys like any other large company has to use effective marketing strategy. It has been doing so very well and which is why it stood up the test of time. Sainsburys use of Jamie Oliver one of Britains most high profile chefs who famously launched campaigns regarding healthy eating in different sections of the community in its advertisements can be considered as a very good marketing move. It was like using a renowned dentist to promote toothpaste as it adds to the customers the trust for healthy food for good price. The positive effects of the campaign were apparent as shown in the growth of the sales in Sainsburys. With its effective marketing strategy Sainsbury is far likely to attract more customers and increase their competitiveness and enhancement of their already powerful and attractive brand. Human Resource Policy: There is equal opportunities policy in Sainsbury on different functions like recruitment, promotional, training and development etc. Their policy basically focuses on keeping their staff motivated and providing them with proper training. These kinds of policies have enhanced the reputation of Sainsbury as a very good employer. Having a good HR policy will only have positive results in terms of their competitiveness and brand as people will be more inclined towards joining with their team and most importantly staying with them. Conveniently located: Due to its huge network of outlets there is always a Sainsbury nearby. This is a very good advantage to have which backs up the effects of the brand. Even if Sainsbury had built up a good brand most people will be only be interested in going to buy groceries and daily necessities if there is a Sainsbury close by. Groceries and daily necessities are prime products of Sainsbury and in order to boost their sales location is of prime importance. Like I mentioned convenience is a key to a retailers success and its wide spread outlet helps them to provide customers with opportunity to stay loyal to them. Reliability and trust: Sainsbury have built up over the years, a sense of the trust and reliability among customers. Customers believe on Sainsbury that it would not compromise on health and safety issues. They also trust Sainsbury on providing very competitive prices for the products if not the cheapest. When there is trust among customers about your product and services they will continue to remain your customers. Extra care is taken by Sainsbury and this will in future continue to boost their image. Environment Friendly: Sainsbury has always been environmentally aware while performing its business. Some of Sainsburys efforts are mentioned below: It uses environment friendly till printers. It gave away eco-friendly loo rolls as promotional offers. It opened environment-friendly store in Dartmouth, Devon which was built with recycled materials and will help in reducing its energy bills. It signed a landmark deal that has enabled the creation of a new  £8 million wind project at Lochhead in Scotland, due to be completed in Summer 2009. The Power Purchase Agreement (PPA) means that Sainsburys will purchase energy direct from A7 Lochhead Ltd. for the next ten years. These efforts mean that customers will have in the back of their mind that Sainsbury is doing its part in the great cause of saving the environment. The reputation has been slowly building in this regard and will continue to grow further. Try something new today: Even by the slogan we can understand that there are a range of products available in similar categories. Sainsbury take every possible care to match the changing needs of the different cultures and communities with its products and on doing so provides multi choices to customers. For example, Frozen Chicken Tikka Masala (Indian dish), Chicken Dumplings (Chinese dish) etc found in Sainsbury. This strength of Sainsbury means that it will increase its customer base, retain its customer by spoiling them with choice and attract new suppliers as well, boosting its competitive advantage and brand name in the process. Weaknesses Lack of international expansion: Sainsbury has always been a brand that is famous only in Britain. It hasnt ventured into the international market that much as yet. In other words it has not been adventurous enough. Its main rival Tesco has been more successful in this regard than them which will hamper their growth and market domination. This weakness will definitely haunt them as with more international coverage its rival will be more powerful and have more flexibility which means theyll gain more competitive advantage and a better brand name. No self-service: In todays world time is money. The service should be up to the standard at the same time it should be time efficient. Due to which self-service system has proven to be very effective over the years. However, there are no self-service systems like self-checkout counters in most of the Sainsburys stores. Providing time efficient service in every way is a key to any companys success and Sainsbury has not fully integrated this theory in their practice which will have negative effects in their competitive advantage and brand. Implementation problem: There have been many such cases in Sainsbury where they have been found short on the implementation of the pre-determined plans. It can be considered as one of their major weakness. There is no point of planning if it were not be implemented. It will affect adversely to their morale and brand doing a world of good to that of their competitors. Opportunities Every organisation in order to survive and compete in a market has to keep a close eye on any opportunity of growth, expansion, diversification, merger etc. Opportunities are something if not grabbed at the right moment the value of it later will be significantly diminished or elapsed. On the current situation I have tried to categorise some of the opportunities that lay in front of J Sainsbury, which are as follows: Growth: Sainsbury has been involved in other projects as well like its investments in property, banking, environmental issues etc. These kinds of alternative business present great opportunities for future growth. Growth is vital for any companys competitiveness and for Sainsbury its no different. Suppliers and Partners: Food for Britain (FFB) is Sainsburys partner and supplier. FFB helps its clients access new opportunities abroad through a network of nine international offices, associates in developing markets and a range of London-based services. Maintaining a good supply chain will help Sainsbury to be cost effective and hence competitive. Technology: This is a modern age of technology where every company has to find ways to upgrade their services using technology. Sainsbury has had bad experiences for not planning technology better when they had to buy back  £1.8b worth of technology outsourcing deal with Accenture. However there are huge opportunities in front of Sainsbury in the future for further development in technology. Technology is one of the key aspects in todays IT age to stay competitive. Previously overlooked Market Segments: Ive mentioned earlier that Sainsbury has not ventured into many international markets. This thus provides it with great opportunities for future to go forward towards those markets which were not considered fruitful. Markets changes with the economy and previously overlooked markets need to be analysed now and then which might prove very helpful to edge ahead of your competitor. Social Patterns: Understanding of the changing social patterns is a challenge as well as opportunity for Sainsbury. Understanding the need of the current society is vital. Threats Threats are other external factor that needs to be give considerable attention in order better prepare the company to face them in a proper way. It is one of the major component on determining the companys performance and situation. There will definitely be some underlying threats for every kind of industry and the company must take appropriate measures to deal with them. Threats however cannot always be identified beforehand so awareness of the environment is the key. Some of both the underlying/imminent and possible threats of J Sainsburys are explained below: Entrance of new competitors: Sainsbury needs like any other company watch out for entrance of any new competitors. This is a serious threat and emerging competitions should be monitored. Too much environment friendly: Huge investments have made in environmental and green issues without immediate benefits. There is a threat of doing it a bit too much. Actually a balance has to be maintained and cost should be controlled to remain competitive. Technological Changes: Technology is changing all the time and it is a massive threat to Sainsbury as well. Expansion of Competitors: Expansion of its competitors like Tesco have to be monitored carefully as their expansion is a clear threat to Sainsburys market coverage. This threat if not addressed properly can harm gravely to the competitiveness of Sainsbury and its brand name as well. Foreign company takeover: We can say that Sainsbury represents the British people. It lacks of international expansion also means that most of their customers are British. However there was a takeover bid by the Qataris Private equity firm which can have serious implications as its customers who are predominantly British will gravitate towards other British companies at the prospect of Sainsburys being governed by a foreign firm. This is also a significant threat as it will diminish the competitive advantage and brand name built by Sainsbury on British people. Task-B Explanation of various marketing strategies and how they can be used by J Sainsbury Plc to achieve competitive advantages and long term growth. In order to fulfill the visions of a company by fulfilling the its goals a proper marketing strategy needs to be formulated. Marketing strategies are the corner stones upon which marketing plans can be based. Market strategies include a series of tactics to make a marketing plan more effective in order to achieve marketing goals. Marketing strategies amalgamates the organizations marketing goals, policies, and tactics into an effective unit. Markets change their nature and behaviour constantly so for marketing strategies to become successful it needs not only to be properly planned but should be dynamic and interactive. Types of strategies Marketing strategies need to be formulated as per the need of the market situation for any given company. However there are of ways of generalizing some of the common strategies. There are several general marketing strategies that have emerged of which some are presented below: 1. The strategies that are based on market dominance Here there are basically three types of market dominance strategies: Leader Challenger Follower 2. Innovation strategies This strategy basically goes for promoting new product development, cutting edge technology and business innovation. In this type of strategy there are three types: Pioneers Close followers Late followers 3. Growth strategies This scheme focuses more on growth of the company. Some ways of differentiating the strategies are as follows: Horizontal integration Vertical integration Diversification Intensification 4. Porter generic strategies Porters these strategies are the most commonly used strategies so needs to be discussed in detail. Michael Porter described the generic strategies as not firm or industry dependant but general. These strategies were initiated in the early 1980s, and till date it has been widely used. According to Porter for any company go generate profit the attractiveness of the industry itself may be the main factor however even if the industry is doing not very well the company can still make good returns if it holds a good position in the industry. In order to position itself properly in the industry the firm has to leverage its strengths. When these strengths are applied in either broad or narrow scope the following generic strategies are evolved: Cost leadership Differentiation Focus Further explatnation: Cost leadership: The motto of this type of strategy is to remain cost effective and gain competitive advantage though being able to produce at the lowest cost at a given quality level. With its low cost the company can benefit in two ways. One, it can obtain higher returns against its rival while selling at industrial average and two it can benefit from increased market share while selling below industrial average which it can do without making loss. There are many ways to achieve this kind of leadership some of which are mentioned below: Improving the efficiency of processing Research in obtaining cheaper raw materials Utilising the benefits of outsourcing Avoiding various leakages in cost controls. Differential Leadership: As its name suggest, this strategy tries to dominate the market by developing products and services which are different and at the same time also appreciated by customers more than other products and services available generally in the market. The customers are hence ready to pay some extra due to the uniqueness of the product. However it needs the following kinds of strengths to achieve success in this strategy: Able to invest in research and developments. Highly skilled manpower. Creativity and insight. Proper marketing tools and media. Goodwill in regards to quality and innovation. No close substitute of product/service available in the market. Focus Strategy: This strategy basically focuses on attempting to achieve either cost or differentiation advantage upon a narrow segment of market. The assumption behind this strategy is that when strategies are focussed on a narrow segment of market the actual needs of such a market can be addressed. It tries to achieve as much customer loyalty as it can in order to be competitive. The main drawback of this strategy is that it will lose its bargaining power with the suppliers while focussing on a narrow market and producing less. Other risks might be that a broad-market leader may influence its target market and as its market is limited there will be no flexibility or room for tackling such competitiveness. Having said that, if the focus strategy is based on differentiation advantage due to its uniqueness it will be able to maintain its competitiveness. In light of the marketing strategies propounded by Michael Porter, J Sainsbury Plc can use these strategies to gain competitive advantage and long term goals in the following ways: As the brand of Sainsbury is of such worth it can use differential strategy to invest in research and production of its own organic food, special diet food, environment friendly recycle bags and other products. Due to its huge coverage of market and large human resources it might be beneficial for them to use differential strategy like opening its own training institute for retailing, health and safety clinics etc. As close proximity of its stores is a major strength of Sainsbury it can use focus strategy to increase its sales. For example: opening special vegetarian oriented store in a community which is thickly populated with Gujrati people ( a tribe of Indian people who are mostly vegetarian). Due to its strong and long partnership with Food For Britain (FFB) and its operation in a broad scope with good purchasing power it can use cost leadership strategy and reduce its cost of purchase. Differential strategy can be used to promote its products as it already has goodwill as environmentally friendly retailer. With its possession of good HR system and career security it can use differential strategy and can acquire capable human resource at affordable price. Task-C Analysis of Current marketing environment for J Sainsbury Plc and Recommendations on how the marketing mix elements may be developed to contribute to enhance their goals and values. In order to comment on the marketing mix that can be developed by Sainsbury to contribute to enhance their goals and values Ive first analysed the current marketing environment of J Sainsbury Plc and then explained further about the marketing mix. Environment and its factors: Globalisation: With rapid increase in globalization Sainsbury like any other company has to face a lot of challenges. The basic challenge is to fight to off the competition to achieve best value for quality supply of its products. Opportunities like entering new markets via joint venture and partnerships etc also arise due to globalisation. The price fixing scandal: Sainsbury is one of the four retailers within the UK who are most likely to be affected by this scandal or allegation. Sainsbury has a strong presence in the market and possession of a good public image there is a serious threat of this being hampered by the recent allegations. Tax rate: Corporation Tax rate is fixed by the government in UK like any other country. It keeps on fluctuating generally upon the need of the industry. Currently UK government has changed the tax rate to 28% from 30%. A huge amount of tax is paid by a company like Sainsbury every year and this change of 2% is a massive cut in the tax rate which means there is more margin in profit. Cost of products prices: Food prices have risen dramatically since the increment in global food crisis resulting in the rise in Sainsburys costs. This will mean that the increased cost will be passed on to the customers and theyll have to pay more. Unpredictable fluctuations in the fuel costs also has made it even harder to plan and control the cost of production and delivery. The credit crunch: The mentioning of credit crunch while discussing about the current market situation has been an obligation recently. There are basically two ways in which itll affect Sainsburys. One getting finance has become so much difficult as the market has become almost dead and two credit crunch have decreased the purchasing power of consumers. This has created a sense of distrust and suspicion in the market. Sales of luxury items have gone down and even basic products are being bought less. Another section of Sainsbury that has been hit by this is its bank. The Sainsbury bank is not a very established bank and when even the big players in the banking systems are in trouble it has been really difficult time for Sainsburys bank. †¢ Nowadays there seems to be more emphasis on fresh, easy style cooking. This serves an opportunity for Sainsburys to encourage new recipes and unfussy The Internet sales: In order to stay competitive in todays market, internet sales is a phenomenon that has to function well. The Internet accounts for 8% of global advertising spend and is growing rapidly (The Economist, 2007). Sainsburys can further develop in this area. It can either develop itself or outsource the internet system to increase its sales. Marketing mix It is a commonly used marketing term probably the most famous one. It is also known as the Four Ps which are product, price, place and promotion. It is the combination of the elements of marketing and what roles each element plays in promoting your products and services and delivering those products and services to your customers. In short the marketing mix is a set of controllable, tactical marketing tools that work together to achieve companys objectives and goals. The elements of Marketing Mix and how they can be used by Sainsbury: Product: The product is the first element of marketing mix elements that needs to be explained. The products or services offered to your customer have physical attributes what they do, how they differ from your competitors and what benefits they provide to the customers. The product/service has to maintain quality, features, packaging, guarantees, and after-sales service. The basic objective of Sainsburys Supermarkets is stand as the leader of the pack when it comes to consumers choosing their food. They want to deliver products of outstanding quality and great service at a competitive cost through working faster, simpler and together. For that their product has to be given top priority and only quality products will do for that reason. Environmental friendliness should also be considered while deciding on the product. Services like banking should be made efficient and easy to use. Price: Price is the second most important thing of marketing mix elements. How you price your product or service so that your price remains competitive but allows help to make a good profit. How price plays a role in your marketing strategy with respect to differentiating your products or services from your competitors. The pricing policy including discounts, allowances and credit policies. Your pricing should be based on a realistic assessment of all your costs and take into account what the market will bear and the image you are trying to create. To stay competitive, price should be competitive as well as it is a prime element in the marketing mix. If the price is either very high or very low in regards to its competitors the long term goals will be hindered. Place: Place may also be used in your marketing strategy to differentiate you from your competition in the market. Where your business sells its products or services and how it gets those products or services to your customers. By considering good locations, retailers, inventory implications, transport and warehousing you can reach close to your customers. It will obviously give you a competitive advantage. Place is another important factor that has to be considered by Sainsbury to achieve its long term goal. It has a huge number of outlets around UK and is in close proximity with its customers. It should however always look to build upon it more. Promotion: Promotion is used to communicate with the customers and express the features and benefits of your products/services to your target customers. Promotions may include advertising, personal selling, public relations, networking, web-based marketing etc. By doing this you will express your product and its features to the customers to attract them to by the products and it will be helpful to earn profit. Sainsbury has built up its image as a very good retailer in terms of its product quality, environmental friendliness, services etc. Partly its such success in creating such an image goes to its promotion and advertisements, like using Jamie Oliver in its advertisements. There are much rooms for improvements in that area as well. References: Lecture notes provided by our lecturer Dr. Roman Puchkov Mica R. Endsley, Daniel J. Garland, 2000, Theoretical Underpinnings of Situation Awareness, 2nd Edition, Lawrence Erlbaum Associates, Inc., Mahwah, NJ, 383pp. O Connor J and Galvin E, 1999, Marketing in the Digital Age, 2nd Edition, Prentice Hall. Doyle P, 2001, Marketing Management and Strategy, Prentice Hall. Official website of Sainsbury, www. Sainsburys.co.uk

Marxist Literary Criticism Essay -- Literature Essays Literary Critici

   While literary critics do attempt to elaborate or develop ideas articulated by Karl Marx, it is important and necessary to make a distinction between Marx's specific socio-economic and political agenda and the body of literary theory which emerged years later. Marxist literary criticism proceeds from the fundamental philosophical assumption that "consciousness can never be anything else than conscious existence...Life is not determined by consciousness, but consciousness by life" (Marx 568-9). Marxist critics use this challenge to the notion of an innate, prefigured, individual human nature to reexamine the nature of creative or literary authority.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Power seems to reside outside or beyond the bounds of humanity. Rather than dipping into a world of universal forms or expressing a subjective interior, artists and their work are determined by the web of power relations in which they exist; literature is thus inescapably tethered to a continuum of socio-political concerns. Hegemony is the term most often used by Marxist critics to describe this continually renegotiat...

Shapiros Poem Auto Wreck :: essays research papers

Shapiro's Poem Auto Wreck Philosophers have pondered the meaning of life and death since the beginning of time. There are many hypotheses. From reincarnation to Valhalla-then on to heaven. There have been many proposed solutions. Yet no one fully understands dea th. In Shapiro's poem "Auto Wreck," he illustrates the irrationality of life for it can be taken away at any given time for no rational reason.Shapiro uses metaphors to emphasize the fantasy-like and wild setting of the auto wreck. The following is an excerpt taken from "Auto Wreck":"And down the dark one ruby flare Pulsing out red light like an artery."This statement contrasts the red light emitted from an ambulance to the blood of an artery. The idea that a light is spurted out like blood is abstract and bizarre. In addition to that metaphor, Shapiro writes:"One hangs lanterns on the wrecks that cling Emptying husks of locusts, to iron poles."This rhythmical sentence paints a picture of locusts, grassÄ ho pper like creatures, clinging to a luscious green jungle of grass. Yet symbolically this jungle is the twisted, black, and crisp auto wreck. This depiction of the auto wreck is extravag ant and almost unreal. Using metaphors, Shapiro portrays the fantasy-like auto wreck in which wildness is indispensable.In addition to Shapiro's use of metaphorical phrases, he emphasizes the lack of comprehension of the on-lookers as a result of death's inconsistency with logic. Shapiro directly tells the reader, "We are deranged." The word "we" symbolizes u s, as a whole institution or better yet-society. He goes on further to say, "Our throats were tight as tourniquets." By this he means that the on-lookers were stopped, almost speechless, as they gazed upon the wreckage contemplating the reason b ehind death. Finally, Shapiro writes:"We speak through sickly smiles and warn With the stubborn saw of common sense."What the writer is getting through is that the on-lookers attempted to rationalize the accident with their common sense. But their "common sense," or their logical reasoning ability, was being sawed upon as they continued to puzzle over death. Once again, the old age question of "What is the meaning of death?" was tackled at the scene of the auto wreck.Finally, Shapiro asks rhetorical questions which could never be answered by logical means. One question which Shapiro asks is "Who shall die [next]?" This question could never be answered for death strikes without cause but randomness.

Assessing a Underachieving Employee Essay

Executive Summary This is a short report about assessing an underachieving employee that I personally had to deal with. It discusses the problems that arose. I analysed them and then put into place a couple of solutions. The most problematic work situation that I personally encountered was with a work colleague who was a young lady working at the Cooperative food group and she was underachieving. This relates to the concepts of book2, An introduction to human resource management in business, session 4 Assessing and developing people at work. When my work colleague first started working at the Cooperative she was an excellent worker who gave 100% all the time. She had worked at the Cooperative for just over two years and we were in the process of thinking about promoting her from a customer service assistant to a supervisor. She started to make mistakes at the checkout, our manager noticed cash shortages, missing transaction paperwork and mistakes on the lottery and paypoint terminals. As a supervisor my manager asked me to monitor the situation over a two week period and to write down any mistakes or cash shortages and put the dates they happened so that our manager could decide what the next course of action would be. Assessing a Underachieving Employee The analysis of the problems that arose. I am using concepts from book 2, An introduction to human resource management in business, session 4, assessing and developing people at work. These mistakes that my work colleague were making could be happening for a number of reasons. She could be having financial difficulties so she has stolen the money that is why there are cash shortages, however that does not explain why the other mistakes have occurred on the lottery and paypoint terminals and it’s very easy to jump to the wrong conclusion when analysing this. I believe the main point to be about performance management as it states in book 2, session 4.1, performance management â€Å"ensuring that staff are motivated†. I don’t think she is motivated anymore, as when she is at work she is stuck on a checkout for very long periods of time. There is no variety in her job role to keep her motivated, and to be perfectly honest when other members of staff are busy she does get forgotten about and if she does not ask the other members of staff she would not even get her breaks as they forget about her. Doing the same thing day in day and day out can become a bit monotonous. This is why her performance has started to suffer as she feels deflated and demotivated. It is as though she has given up on this job and just turns up because she has to and she needs the money. As it states in book 2, session 4.2 Assessing performance â€Å"the person may lack direction or be working to less than full capacity†. Which in this case I believe to be true. This will affect how the business is run if not dealt  with as other members of staff could start to do the same. Customers will not want to shop there if the staff don’t show an interest. The standards that were once there will start to drop resulting in a negative impac t on the business. A solution to the problems that occurred The first thing I would do would be to set up a record of meetings with this work colleague and our manager. This is a discussion about what is happening and it is recorded for future reference. At this meeting I would discuss how we can move forward together as a team. I would explain to her the importance of her job role and how important it is to get it right. I would set her small achievable targets to aim for with rewards given when achieved. Arranging regular meetings is also a good idea; this could be done as a performance appraisal. As it states in book 2, session 4.4, table 4.2, it has the â€Å"Opportunity to motivate staff by recognising achievements†. I believe this is what is needed in this situation, she needs to feel like a valued team member, this would then give her the motivation needed to do her job correctly and to her full capacity, the business will then be more productive as it stated in book 2, session 4.2 Assessing performance. I may then look into whether she would be interested in changing her job role a little, for example, stock replenishment, and fetching deliveries in, checking dates on products, that sort of thing. This would give her some variety in her job and hopefully motivate her again. This would require more training and cost the business, however if she is just on the checkouts and not been monitored she is costing the business money anyway through the mistakes she is making. Some of this training would be done externally, through training courses, however most of the training would be done by coaching. As it states in book 2, session 4.6, Developing is not just training courses, â€Å"coaching; a way of transferring knowledge and skill from a more experienced person to a less experienced person†. I think this is the best way forward for this work colleague in this situation. Research from the Internet I looked on the internet and did some research to see how to develop underachievers at work. I found two the first one was Yourbusiness.azcentral.com. It basically states that underachievers inhibit teamwork and lower morale of other staff members. It also says you need to form relationships with employees, so you can create a willingness to help the individual. It also says to set incremental goals for the employee. What this website was saying made sense, however I’m not sure how reliable this source is as it wants me to subscribe to them. The next one I looked at was www.acas.org.uk. I found this website very interesting as it gives a full list of different forms that you can print including appraisal forms, absence record sheets and lots of information about how to manage performance. I believe this to be a reliable source as this organisation is devoted to preventing and resolving employment issues, also it wasn’t trying to sell me anything. Tutor group forum I particularly enjoyed the tutor group forum activity 2.1 – Work Pleasure or Pain? It was nice that most people thought the same as me, in that they enjoyed their work. My husband hates work and never understands how I can enjoy going to work. I totally agreed with what Mark Pickering said in that work is a pleasure and that it allows me to achieve my goals in life, while providing for my family. References Book 2 (2012) ‘An introduction to human resource management in business’ The Open University, Milton Keynes. Study Companion (2012), The Open University, Milton Keynes. Yourbusiness.azcentral.com. www.acas.org.uk