Monday, March 30, 2020

Analysis of Businesses Effort to Respond To Achieve Sustainability by Being Carbon Neutral in Their Operation

Introduction Background to t he study Over the recent past, there has been an increment in the degree of sensitivity with regard to corporate social responsibility amongst the large and small enterprise operating in various economic sectors. According to Epstein (2008, p.288), management teams of firms in different economic sectors are becoming more concerned with the stakeholders and other social issues.Advertising We will write a custom report sample on Analysis of Businesses Effort to Respond To Achieve Sustainability by Being Carbon Neutral in Their Operation specifically for you for only $16.05 $11/page Learn More As a result, they are committed towards ensuring that they improve the publicity of their business enterprises thus becoming good corporate citizens. The shift has resulted from an increment in pressure by either the stakeholders or due to an increment in government regulation. In addition, the shift has also been occasioned by the high ra te of globalization. Fisher (2009, p. 1) is of the opinion that the high rate of globalization is culminating into an increment in the rate at which the world economy is becoming integrated. This presents numerous opportunities for firms to exploit. However, a new set of dynamics have also resulted. Some of these challenges are relate to climate change. There has been increased criticism towards business as being one of the major contributors towards various environmental issues being experienced currently. One of these issues relate to global warming. This is evident in that businesses have a significant contribution in the amount of carbon dioxide and other greenhouse gases emitted to the environment. These gases are a major factor in the rise rate of global warming which is a major reason for the current climate change. In an effort to minimize environmental degradation, various governments have formulated climate change strategies and regulations aimed at reducing greenhouse gas emissions to a particular baseline within a given period. In addition, other policy packages which firms are required to implement include adoption of cleaner technologies and emission trading. Some countries such as the United Kingdom have established energy tax which is charged on firms depending on the amount of carbon they emit (OECD, 2002, p.81). The objective of these policies is to ensure that firms become carbon neutral in their operation. The major driving factor why firms are emphasizing on becoming carbon neutral is to be â€Å"clean† in their operation.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The resultant effect is that firms will be able to attain their profit maximization objective via reduction in the cost operation and improvement in their publicity. As a result, firms in different economic sectors have adopted the concept of carbon neutrality in their oper ation via incorporation of various strategies. Given the level of awareness with regard to the impact of greenhouse gases on the environment, various firms have implemented strategies aimed at attaining carbon neutrality in an effort to comply with the environmental regulations. The strategies being implemented play a significant role in reducing the amount of carbon they emit into the environment. Businesses are making adjustments either to the inputs used or their quantity so as to reduce the amount of waste generated. For example, firms are adopting cleaner technologies in their operation. Some of these technologies utilize green energy in their operation. The resultant effect is that there is significant reduction in the treatment of the resulting waste. In a quest to become carbon neutral, various firms are making changes to their corporate strategy. The core objective of these changes is to minimize carbon emission. According to Howe and Gerrad (2010, p.306), increased incorpo ration of these strategies has led into firms claiming to be carbon neutral. Not only is the credibility of claims by firms being carbon neutral evident in their operational strategies but also in the product they supply to the consumers. For example, Dell Company which deals with technology products supplies cost saving and environmental friendly products. In addition, the firm has also invested in renewable energy such as solar energy. These claims are credible considering the significance of the strategies in enabling a firm to attain carbon neutrality. Aim The report is aimed at analyzing businesses’ effort to become carbon neutral and whether the claims made by businesses indicating that they are carbon neutral are credible. Scope The report is organized into a number of sections. A discussion illustrating the importance of sustainability in business operation is outlined. The various ways through which the environmental regulations implemented are influencing business a ctions are discussed. In addition, the concept of carbon neutrality and its benefits to businesses is analyzed.Advertising We will write a custom report sample on Analysis of Businesses Effort to Respond To Achieve Sustainability by Being Carbon Neutral in Their Operation specifically for you for only $16.05 $11/page Learn More The role of intermediaries which can help organizations attain carbon neutrality is evaluated. The report also discusses the concept of offsetting. Finally, conclusion and a set of recommendations are outlined. Sustainability In order to cope with changes in the environment, it has become necessary for firm’s management teams to formulate a new set of operational strategies which would enable the firms to survive in the long term. The resultant effect is that firms would be able to attain the concept of corporate sustainability. The term sustainability is used differently according to the phenomenon being described. For ex ample, environmentalists use term ecological sustainability while business individuals use the term economic sustainability. On the other hand, sociologists use the term social sustainability. Considering the dynamic nature of business environment, it has become vital for management teams to consider integrating the concept of corporate sustainability planning. Fisher (2009, p.2) defines corporate sustainability planning as the process of ensuring that there is a balance between a firm’s economic growth, its commitment towards environmental protection and ensuring social equity. Attaining carbon neutrality is one of the ways through which a firm can consider to be committed towards environmental sustainability. Corporate sustainability is currently being considered as a new management philosophy. In the 21st century, the concept of corporate sustainability planning is being appreciated by businesses of all walks. According to Fisher, one of the reasons why the concept of sust ainability is gaining so much attention is associated with firm’s effort to operate cost effectively (2009, p.1). By being carbon neutral, a firm can be able to be cost effective in its operation. This arises from the various strategies being implemented such as utilization of renewable energy. In addition, via incorporation of corporate sustainability, it is possible for firms to address key aspects of its existence as outlined below.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Organizational growth Profitability Social justice Environmental protection Equality in terms of environmental, social and economic issues Fisher asserts that by being conscious of the environment in which the firm is operating, every firm will be committed towards reducing their waste disposal. The resultant effect is that the firm is able to save money while at the same time protect the environment. In addition, the concept of sustainability enables the firm’s management team to align its organizational goals such as its profit maximization objective with environmental principles. This means that sustainability presents a classic opportunity for firms to maximize profit and minimize cost while at the same time improving the planet and the livelihood of its people (2009, p.2). Increased attention on sustainability amongst business enterprises is highly warranted. This is mainly so with regard to the environment. Currently, the world is experiencing numerous challenges. A r eport by the World Bank (2008, p.11) asserts that environmental issues are one of the major concerns in the world. All countries around the world have increased their environmental concern especially with regard to carbon emission. However, it is the less developed countries which are hardest hit by changes in the environment and climate change. The World Bank has been a major advocate in ensuring that firms incorporate the concept of environmental sustainability. The current environmental damage is a cause for concern amongst business enterprises. As result, it is right for environmental sustainability to be of priority amongst business enterprises. According to Wilhelm (2009, p.12), business leaders are considering for more comprehensive ways through which they can gain a better understanding on the impact of climate change on their businesses. This would enable them to develop effective strategies to deal with environmental changes. This arises from the fact that environmental da mages and challenges arising from climate change present a threat to a countries economic growth. Wilhelm (2009, p.3) is of the opinion that both businesses and individuals have started to feel the effects of climate change. For example, the resultant effect of a decline in a countries economic growth is that the consumer’s disposable income would be significantly reduced. As a result, individual’s consumption behavior would be negatively affected. The businesses economic sustainability would be hampered via a reduction in businesses profitability. Therefore, it is important for business enterprises to consider ways through which they can increases their profitability while at the same time address issues related to climate change. According to Dunphy, Griffitths and Ben (2005, p. 3), some of the challenges being experienced due to climate change and environmental degradation are as a result of business enterprises. Dunphy et al (2005, p.3) asserts that business enterp rises are an important part of the society. The current success being witnessed in business enterprises over the past decade have had a phenomenon impact on the world through exploitation of resources. In their operation, businesses continue to impact the world. It is therefore imperative for businesses to be concerned with the environment. According to a report by the World Bank on climate change, both firms operating in the private and public sector must collaborate to in order to ensure effective mitigation of various environmental issues. This would be of significant benefit to business enterprises. According to Willard (2005, p.10), sustainability presents numerous opportunities for businesses. For example, via sustainability, business enterprises are presented with new avenues with regard to product innovation and development and maintenance of stakeholders’ relationship. Ways in which environmental regulation is influencing the action being taken Various regulations ai med at controlling business operation with regard to the amount of carbon they emit into the environment have been formulated. This arises from the fact that there is a strong correlation between environmental sustainability and carbon neutrality. According to Jenkins, Barton and Hesselberg (2007, p.21), increased environmental regulation presents a challenge to businesses with regard to loss of competitiveness. To cope with these challenges, businesses can implement various strategies in an effort to maintain their competitiveness. For example, businesses may exaggerate the impact of such regulations to prevent it from being implemented. For example, a study conducted by the Canadian government with regard to carbon emissions by firms in the pulp and paper industry indicated that the firm’s incurred a compliance cost of $4 to $5 for every ton. However, firms in this industry were complaining that the cost was four times higher. In another case regarding regulation of sulphur -dioxide emission in the United States, the cost was found to be half what was estimated. The main reason for such overestimation with regard to compliance cost is to ensure that firms conduct their operations as usual. Increased environmental regulation has stimulated firms to take various actions. Some of these strategies relate to their corporate strategy. For example, one of the strategies being integrated by firms in their operation entails inclusion of carbon foot-printing strategy in their operation. This refers to a form of control mechanism which helps business enterprises to baseline the amount of greenhouse gas that they emit. The framework below gives an illustration of carbon footprinting process. Carbon foot-printing requirement have made firms to adjust their corporate strategies. Through carbon foot-printing, firms’ management teams are able to gain a comprehensive understanding of their operations which are considered to be carbon contributors. This strategy is an essential component in a company’s effort to reduce the amount of carbon emission. As an environmental regulation strategy, carbon foot printing has a significant influence on the action being taken. Through carbon foot printing, it has become possible for management teams to identify other areas of inefficiency in their organizations systems. This means that this form of environmental regulation does not only enable a firm to reduce its carbon emission but also to operate cost effectively (Wilhelm, 2009, p. 12). This means that businesses can be able to make the necessary changes to their systems thus attaining their environmental sustainability objective. Ensuring effective implementation of carbon foot-printing as a form of environmental regulation is paramount. To achieve this, business organizations are required to formulate and implement a carbon foot-printing process. Implementation of this process is having significant influence on the actions being taken. Three main steps are involved. These include; Planning, Developing Managing A number of activities are undertaken with regard to planning. These include setting the boundary, determination of the operations to be measured and setting the baseline year. With regard to setting the boundary for the process, the firms’ management teams have to make a decision which aspects of its operations will be included. For example, the firms’ management teams have to make a decision whether its leased assets will be included in the process. The firm is at discretion to include such assets even if it is the actual owner. Decision to include these assets in the carbon foot-printing process lies in the fact that it is the firm’s which is responsible for the resulting carbon emissions as a result of its operation. In addition, the management team has to set a boundary whether to include other components of its supply chain such as the suppler and customers. According to Wilhelm (2009 , p.14), most business enterprises are starting small with regard to carbon foot-printing. However, it is important for firms to include as many aspects as possible in the initial phase. This will enable the firm to identify other areas of carbon emission resulting from its operation thus reducing the cost. Setting the boundary will also involve the firm determining the various sources of its carbon which result from its operation. Some of the sources include from transportation and freight methods such as via air, train, ship and trucks, solid waste such as garbage, office disposals such as office papers. A baseline with which the firm will track its carbon emission has to be established. The baseline may be backdated to a particular event such as when the firm undertook a merger or setting in of the century. According to Wilhelm (2009, p.17), this decision is left for the company to decide on itself. Collecting the required data is challenging since the firm may not have sufficien t mechanism to track all carbon related information. After completing the carbon calculation, the firm has to set clear reduction goals and formulate a strategy to attain them. In order to achieve this, the management team has to ensure that a timeframe is well established. In most cases, the reduction target selected is dependent on the firm’s goals, size and its maturity (Wilhelm, 2009, p.18). Upon completion of the process, the management team has to communicate the results obtained to the employees. This has to be done in such a way that the employees and other stakeholders will understand. Carbon neutrality Improving their publicity In their operation, businesses are charged with the mandate of ensuring that they operation in responsible manner. In order to attain this, firms have integrated the concept of Corporate Social Responsibility (CSR). This means that firms’ operations should not have a negative impact on the environment. Effective implementation of the C SR results into a firm improving its publicity. This means that the probability of the firm surviving in the society as a going concern entity is improved. The need to improve their publicity is one of the reasons why firms are incorporating the concept of carbon neutrality. This arises from the fact that business enterprises are a major contributor towards the change environmental change which is currently being experienced. Via improving their publicity, businesses can be able to continue with their operation due to reduction in the intensity of criticism. The resultant effect is that the firms will be able to attain their profit maximization objective. As a result of the financial crisis which occurred in 2008, there has been a shift in individuals’ consumption behavior. Most of the consumers are developing preference of products which they consider to be more sustainable. In addition, consumers are becoming more conscious of their health. In order to attract and retain cu stomers, it is paramount for firms to be conscious of their impact on the environment (Wilhelm, 2009, p.147). In the 21st century, the concept of carbon neutrality has been integrated within the firm’s CSR profile. Carbon neutrality refers to the concept whereby the amount of carbon dioxide (CO2) and other greenhouse gases emitted to the atmosphere is equivalent to the amount removed from the atmosphere. According to Tolhurst, Pohl, Matten and Visser (2010, p. 57), carbon neutrality is attained via offsetting the amount of emissions via a number of ways. Some of these include investing in technologies which have minimal carbon emissions such as renewable energy projects and planting trees. For example, HSBC which is a public limited company operating in the banking and financial services industry in United States invested $ 4 million towards implementation of a programme aimed at minimizing its energy consumption and also to reduce its carbon emission via utilization of green energy for all its energy needs. In addition, the programme would also enable the firm to plant trees. Despite the increased incorporation of the concept of carbon neutrality by financial institution, most individuals perceive this as a publicity stunt. This arises from the fact that activities of these institutions contribute significantly to environmental degradation. However, the effort of firms to adopt carbon neutrality in their operation should be applauded rather than be criticized. Intermediaries which help firms to become carbon neutral Becoming carbon neutral may be a challenge to both large and small business enterprises. This arises from the fact that these firms may not have the sufficient mechanisms to become carbon neutral. In a quest to become carbon neutral, there are a number of intermediary organizations which assist firms to become carbon neutral as discussed below. The CarbonNeutral Company The firm was established in 1997 and has managed to become a global lea der with regard to provision of services aimed at reducing carbon. Since its inception, the firm has helped approximately 300 large business enterprises and thousands of SMEs (Small and Medium Enterprises) (The CarbonNeutral Company, 2010). In its operation, the firm is committed at ensuring that its customers attain value from its services. In order to attain this, the firm has formulated comprehensive carbon management strategies. The firm provides tools to enable firms’ management teams to develop an effective carbon reduction programme. In addition, Carbon Neutral Company helps its clients to set their reduction targets. In pursuit of carbon neutrality goal, it is crucial for firms to communicate the results of the programme to all the relevant stakeholders. In order to attain this, there has to be a well developed communication mechanism. The management team has to ensure that all the parties understand. As an intermediary, The Carbon Neutral Company provides management team with the most effective communication mechanism. Beyond Neutral This is a firm which was established in 2007 in Australia and operates on an international scale. The core objective of the firm’s establishment is to provide businesses with meaningful ways through which they can deal with the challenges of sustainability and climate change. Beyond Neutral helps other organizations to improve their sustainability credentials while at the same time reduce its greenhouse emissions. With regard to carbon neutrality, the firm helps its clients in the identification, tracking, verifying, validating and auditing its carbon emissions. As a result, businesses are able to take advantage of market opportunities and avoid the negative impacts of greenhouse emission. In an effort to ensure that firms attain carbon neutrality, the firm provides its clients with a carbon offset portfolio. The portfolio entails a variety of offsets which are obtained from different projects (Beyond Neutra l, 2009). Commitment to the environment in pursuit of carbon neutrality, necessary changes and investment To achieve the concept of carbon neutrality, businesses must be totally committed towards attaining environmental sustainability. In order to attain this, firms should analyze the impact of their operation on the environment with regard to carbon emission. According to Kollmuss, Lazarus, Lee and Polycarp (2010, p.1), it is a must that emission of greenhouse gases be reduced by 80% by mid of the 21st century in order to abate the risks of climate change. This means that it is vital for firms to undertake drastic changes in some of their practices. In addition, these changes will require a significant investment of resources for them to be effective. For example, some carbon emission resulting from the firms’ operation cannot be avoided. However, pursuing the concept of carbon neutrality requires that there should be zero carbon emission coming from the firm’s operat ion. Carbon neutrality relies on ‘offsetting’ There is a strong correlation between carbon neutrality and offsetting. To attain carbon neutrality in their operation, firms will be required to purchase carbon offsets. These are financial tools specifically designed for projects aimed at preventing carbon being released from various activities from entering the earth’s atmosphere. In their commitment to attain carbon neutrality, firms will be required to incorporate a portfolio of offsets. In addition, a considerable amount of investment will be required in the implementation of technologies which are carbon-saving in nature. In addition, firms will be required to change some of their practices. For example, with regard to the firm’s energy needs, it is paramount for firms to incorporate green energy and other types of renewable energy. This will play a significant role in the firm’s effort to become carbon neutral and hence its commitment to the envi ronment. Kollmuss et al (2010, p.1) assert that carbon offsetting is gaining attention amongst individuals and organizational policy makers as one of the most effective ways through which firms can address the challenges associated with climate change. Incorporation of carbon offsets is paramount in a firms effort to attain carbon neutrality and hence its environmental targets. This arises from the effectiveness with which carbon offsets avert carbon emission. According to Taiyab (2006, p.3), carbon offsets neutralizes the carbon dioxide equivalent (one ton) which is emitted at one place. This is achieved either by absorbing another tone of carbon dioxide equivalent released elsewhere or preventing its release. The offsets are developed via various projects. Some of these include; Renewable energy Destruction of industrial gases Energy efficiency For example, if a particular business enterprise emits approximately 20,000 tones of carbon dioxide every year, it can offset its emissi on by planting trees which will absorbs an equivalent amount within the same time period. Alternatively, the firm can invest in a renewable energy project or energy efficient stoves which would be supplied to the poor. Through such projects, a firm is able to offset the amount of its carbon emissions thus becoming carbon neutral (Taiyab, 2006, p.4). In addition to that, carbon offset projects have the capacity of absorbing other greenhouse gases from the environment. This makes it to be an effective strategy for firms in their effort to achieve their environmental target. Conclusion The concept of sustainability has proved to be very important amongst businesses in the 21st century. This is due to the fact that it is one of the ways thorough which businesses can maintain their competitive advantage amidst numerous challenges. There are various aspects of sustainability applicable to businesses. One of them includes environmental sustainability. In their effort to achieve environment al sustainability, business enterprises are increasingly incorporating the concept of carbon neutrality. This arises from the fact that businesses are a major contributor of the carbon emissions which is one of the key causes of climate change via global warming. Therefore, the priority being given to sustainability as an environmental issue is warranted. Incorporation of carbon neutrality will play a significant role in businesses effort to attain sustainable development hence surviving into the future as going concern entity. In addition, attainment of carbon neutrality will also enable businesses to attain their profit maximization objective. This arises from the fact that business organizations will be able to improve their publicity. This arises from the fact that the society will develop a positive attitude towards the firms hence considering the firm to be a part of the society. As a result, there is a high probability of businesses attaining customer loyalty. As a result of being carbon neutral, firms will be able to operate cost efficiently. In order to for firms to be regarded as being carbon neutral, there are a number of changes that the firms’ management team will be required to undertake. Despite the cost involved during the change process, the firm will benefit from being carbon neutral in the long run. Recommendations In order to be carbon neutral in their operation, it is paramount for the firm’s management team to consider implementing the following recommendations. Firms should ensure that they incorporate the concept of carbon footprinting in order to determine the amount of carbon they emit into the atmosphere as a result of their operation. If the firms do not have all the necessary mechanisms to undertake carbon footprinting, they should outsource these services from other intermediary organizations. This will enable the firm to be effective in measuring the amount of carbon it emits into the environment. In an effort to a chieve carbon neutrality, it is paramount for firm’s management team to consider integrating the concept of carbon offsetting. This will enable the firms to prevent carbon emissions and at the same time operate social responsibility. The concept of carbon offsetting will require a substantial amount of investment. It is therefore important for the firm to rely on its own reserves other than sourcing the required finance externally. Reference List Beyond Neutral. (2009). Company profile. Retrieved from http://beyondneutral.com/what-we-do/ Dunphy, D.C., Griffiths, A. Benn, S. (2005). Organizational change for corporate sustainability: a guide for leaders and change agents of the future. London: Routledge. Epstein, M. (2008). Making sustainability work: best practices in managing and measuring corporate social, environmental and economic impacts. Greenleaf: Sheffield. Howe, J.C. Gerrad, M. (2010). The law of green building: regulatory and legal issues in design, construction, operation and financing. Massachusetts: American Bar Association. Fisher, D.C. (2009). Corporate sustainability planning assessment guide. New York: American Society for Qualit. Jenkins, R., Barton, J. Hesselberg, J. (2007). Environmental regulation in the new global economy: the impact on industry and competitiveness. Camberley, UK: Edward Elgar Publishing. Kollmuss, A., Lazarus, M., Lee, C., Lefranc, M., Polycarp, C. (2010). Handbook of carbon offset programs: trading systems, funds, protocols and standards. London: Earthscan. OECD. (2002). Implementing domestic tradeable permits: recent development and future challenges. London: OECD Publishing. Taiyab, N. (2006). Exploring the market for voluntary carbon offsets. New York: IIED. The CarbonNeutral Company. (2010). The CarbonNeutral network of companies. Web. Tolhurst, N., Pohl, M., Matten, D. Visser, W. (2010). The A to Z of corporate social responsibility . New Jersey: John Wiley and Sons. Wilhelm, K. (2009). Return on sustai nability. New Jersey: Dog Ear Publishing. Willard, B. (2005). The sustainability advantage: seven business case benefits of a triple bottom line. Canada: New Society Publishers. World Bank. (2008). Environmental sustainability: an evaluation of World Bank group support. New York: World Bank Publication. 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Saturday, March 7, 2020

Taiwan Facts Essays - Republic Of China, Republics, Taiwan

Taiwan Facts Essays - Republic Of China, Republics, Taiwan Taiwan Facts title = Taiwan Facts Taiwan, officially Republic of China, island (in 1994 est. population was 21,299,000), 13,885 sq mi, in the Pacific Ocean, separated from the mainland of S China by the 100-mi-wide (161-km) Taiwan Strait. The capital is TAIPEI. Other major cities include KAOHSIUNG, Tainan, Taichong, and Chilung. About one quarter of Taiwan's land area is cultivated; rice, wheat, sugarcane, and sweet potatoes are the most important crops. In the 1970s industry replaced agriculture as the major export earner. Light industry is the major manufacturing sector, with electronics far ahead. Other manufactures include electrical equipment, chemicals, motor vehicles, and machinery, and service industries are beginning to be more important. The main natural resources are woods and other forest products. Religions include Confucianism, Taoism, Buddhism, and Christianity. Taiwan was first settled by the Chinese in the 7th century, the island was reached by the Portuguese in 1590. It was held by the Dutch in the 1640s, and by China's Ch'ing dynasty from 1683. Occupied by Japan after the First Sino-Japanese War , Taiwan remained in Japanese hands until 1945. When CHIANG KAI-SHEK and the Nationalists, or Kuomintang, were kicked from mainland CHINA by the Communists, they shifted the seat of their government to Taiwan. The U.S. long supported and aided the Nationalists, but in the 1970s Taiwan's international political position had eroded. In 1971 it lost China's seat in the UN to the People's Republic of China, and in 1979 the U.S. broke diplomatic relations with the Nationalists to establish relations with the People's Republic of China, although keeping good economic and cultural ties. Martial law, in effect since 1949, was lifted in 1987, and many jailed political dissidents were freed. Pres. Chiang Ching-kuo died in 1988 and was succeeded by LEE TENG -HUI, a Taiwan native. In 1991 Lee ended emergency rule, which had permitted the domination of the National Assembly by aging mainland delegates elected in 1947. In elections in 1992 the Kuomintang retained control of the assembly, but the major opposition party won a third of the seats.

Thursday, February 20, 2020

What role did popular music play in the American civil rights movement Essay

What role did popular music play in the American civil rights movement Your answer should include at least two case studies which connect musicians to particular historical events of the 1950s or 1960s - Essay Example It will be vital to mention that the Civil Rights Movement, which took place during the time of 1960’s, was more closely related to music as compared to other American based social movements held in the stated period. In this similar context, it can be apparently observed that certain prisoners sung freedom songs for keeping up their spirits in gaining national freedom. Apart from this, various folksingers, including blacks as well as whites, wrote songs about various themes related to the Civil Rights Movement. These themes were ascertained to be pains, paradoxes and racist activities among others. Thus, with this concern, it can be affirmed that the connection of music with the Civil Rights Movement is much apparent during the episode of 1960’s (RRAS, n.d.). In relation to the above context, the essay intends to discuss and analyse the role that popular music played in the American Civil Rights Movement. In the circumstance of explaining the role played by popular music in the American Civil Rights Movement, certain popular music genres in the period of 1960’s were found to exist. In this similar context, the popular music genres that persisted during the period of 1960’s were Acapella, Motown/R&B, British Invasion, Roots Rock and Hard Rock, Folk Rock and Protest Music and Surf Rock and Psychedelic Rock. The popular music genre of British Invasion comprised certain pop artists as well as rock brands belonging to Britain that presented certain American pop and rock songs. Such artists were reckoned as The Beatles, Donovan, The Animals, The Kinks and Dusty Springfield among others. Specially mentioning, Motown/R&B acted as one of the most popular music genres, which had importance in the Civil Rights Movement. The importance of this particular popular music genre could be determined based on the efforts made by the same in integrating American community during the

Tuesday, February 4, 2020

The future of the US Dollar Case Study Example | Topics and Well Written Essays - 1000 words

The future of the US Dollar - Case Study Example Since the start of the crisis, economists argued that its impacts have damaged the dollar’s status across the globe. Following the crisis, there has been a lot of negative talk about the dollar. Additionally, conflicting views regarding the path of dollar have emerged. Though a considerable number of nations are still using the dollar as their exchange-rate anchor, there are arguments that the U.S. dollar might lose its position as the main reserve currency (â€Å"General Assessment of the Macroeconomic Situation†Ã‚  2009). Investors went ahead and revisited their currency reserve investment. This was due to the downward trend of the dollar in comparison with other currencies. Therefore, the dollar has been experiencing great pressure from major investors mainly due to the inflations that have occurred since the dollar became the world’s reserve currency. This paper is a critique of Warnock’s article Global Asset Allocation: Whither the U.S. Dollar? The pa per will analyze the authors’ perspective on the U.S. dollar, describe three of the most powerful arguments towards a stronger/weaker dollar, and give my opinion regarding the authors’ prospects for a stronger U.S. dollar. 1) Critique of the author’s perspective on the U.S. ... Warnock (2010) argues that though foreign central banks might start diversifying away from the dollar, this does not mean that the dollar is losing its position. This is an indication of overconfidence, given that the dollar is increasingly becoming less popular across the globe. Additionally, there has been worrying increase in inflations, which depict that the major economies will intervene. An intervention would mean possible replacement of the dollar with another currency (Chandler, 2009). a) Describe three of the most powerful arguments towards a stronger/weaker dollar.   There are several arguments towards a weaker dollar. Warnock (2010) argues that U.S. dollar is not in any danger of being displaced as the world’s reserve currency. They claim that the U.S. treasury bonds continue being the cordial and liquid fixed income market globally. This thus continues to enhance the demand for the dollar. The authors give an example of continued success of the dollar performance in the fall of 2008 when most currencies and assets decimated (â€Å"The Euro as an Anchor Currency and Core of a Currency Bloc,† 2012) The next argument is that the U.S economy remains the most competitive economy in the world. Although most critics argue that the U.S economy is still facing decline in domestic production, Warnock argues that U.S. is still the world greatest manufacturer. He refutes claims that China’s economy is outdoing the U.S economy (Warnock, 2010). The other argument is that the U.S trade deficit has been exaggerated. According to Warnock (2010), much of the trade deficit is because of overseas movement of goods and services which has happened within U.S. companies. The exchange is between U.S based

Monday, January 27, 2020

Factors Influencing Buyer Behaviour in Events

Factors Influencing Buyer Behaviour in Events Event Stakeholder Behaviour Contents (Jump to) Introduction The Context Stakeholder Behaviour Conclusion Bibliography Introduction Wilson (2000) stated that he believes the factors determining buyer behaviour is a proposition that is extremely difficult in that the processes are both complex as well as difficult to understand as a result of the many external influences at work acting upon and affecting the decisions. The purpose of buyer behavioral models is to aid marketers in mapping out the factors and influences that could affect the outcome, and then weighing those factors to assist in the decisions that will result in their favor. Identifying the buying behaviour patterns of both the attendee and the sponsor in the sports sector of the events industry entails considering that such is taking place within a semi controlled environment which in effect aids the sponsor as there are less outside competing influences vying for the attendees attention even though the atmosphere is charged with intense mental and other stimuli. The relationship involved in the setting indicated, sports sector of the events industry, means that the sponsor represents the marketer seeking to influence the outcome with reference to the attendee, to have him or her try, purchase, or consider their offering. In this context, the sponsor is seeking multiple outcomes representing a past, now and future connotation in that the preceding represent either changing an attendees preconceived notions or ideas of his offering, this represents past influences, having the attendee purchase or try the product within the setting at the event, and influ encing the attendee to re-consider their ideas on his offering that could result in trial, consideration, inquiry, trial or purchase after leaving the event. These preceding multiple objectives are valid approaches in that a singular approach, seeking ‘now’ results, overlooks and ignores the other equally important factors that are present in any gathering of distinctly different individuals of varied age groups, experiences, backgrounds and demographics. The opinions expressed by Engel et al (1968) suggest that an advertiser or sponsor should be mindful not to overstate nor understand the attributes, features or other aspects of their offering as this might result in a negative perception when real world circumstances such as actual usage or trail occur. Dubois (2000) reminds us that theorists such as Sigmund Freud have attempted to analyze what might influence individuals studying the psyche as well as subconscious motivations as their means of doing so. The implications of planning for such an event means that sponsors must consider a number of differing and unique aspects in consideration of the circumstantial context in the planning of marketing activities. The Context Buyer behaviour differs from consumer behaviour in that the former is the domain of business and marketing professionals seeking to understand this phenomenon (Schiffman et al, 2000). The Sheth et al (1969) model, which consists of multi variables, attempts to inculcate knowledge concerning a consumer’s purchase along with their behaviour, through the utilization of a transformation process. In this model it shows the stages concerning influences that affect the behaviour process (Sheth et al, 1969): The ‘Significative’ Stage The ‘Symbolic’ Stage, and The ‘Social’ Stage Contained within the preceding stages ‘reference groups’ are mentioned, which Bearden et al (1982) describe as â€Å"†¦ a person or group of people that significantly influences†¦Ã¢â‚¬  the behaviour of an individual. The three types of reference groups described by Bearden et al (1982) are: Information Influences: This type of group seeks out the information by which to make a decision that is reliable. Utilitarian Influences: This group seeks to want to appear like others within the group to either avoid punishments and/or to receive certain benefits. Value-expressive Influences: In this reference group the influenced party accepts the positions and or perceptions of others as a result of the need to belong. The preceding contextual ramifications are factors which need to be considered by sponsors in their more active role in the process as they represent influences upon the attendee. It should be noted that the Sheth et al (1969) model does not predict purchase behaviour; it simply lays out the influences that might affect behaviour that can then be utilized as a frame of reference. The model explains how influence and inputs are evaluated as well as utilized by the buyer as a result of perceptual and learning constructs (Sheth et al, 1969), and then goes on to identify the eventual outcomes and outputs of the process. Marketers utilize buyer behaviour, models, to aid them in arriving at assumptions. The preceding helps them to analyze, understand, evaluate, criticize and monitor a specific market and or product. Chisnal (1994) indicates that there are the following uses for models: That they aid in mapping out the various characteristics that might affect the eventual purchase of an offering in a manner that is more simplified. And that they result in marketing strategies that are more effective as they are developed as a result of outcomes that are likely as predicted from the model. Additionally, Chisnall (1994) indicates that a well-structured and effective model will be: Relevant: In that the model(s) must be applicable to marketing situations that are real. Comprehensible In this instance the models need to be both well constructed as well as clear. Valid This type of model is verifiable in terms of occurrences in the real world. The utilization of multi-variable models refer to the attendee, sponsor aspects as being examined herein as the factors, circumstances and influences acting within and without are more complex as well as include multiple relationships and aspects from behavioral sciences. Said models are more representative concerning the actual characteristics regarding buyer behaviour, however they are not easily analyzed. Inherent in this equation is the consideration of temporal constraints. The situation that considers the buyer behaviour in the sports sector of the events industry that is time dependent. Said events have a time period correlation which represents the length said event shall take place. Fraisse (1963) pointed out that individuals are usually influenced by conditions of situation in making judgments about time. The preceding is important in helping to mold buyer behavior in that studies conducted regarding the influence of varied mood states has shown that it has a factor in the way they estimate the duration of an event as well as their temporal orientation (Hornik, 1981). The further implications of the foregoing presents the opportunity for sponsors to introduce an additional element into the equation to aid in increasing the net effect of their efforts, as well as the other input variables. As all of these factors have differing effects with respect to their input on buyer behavi or, common sense dictates that the utilization of as many non-conflicting elements as possible will thus skew the potential outcome more in one’s favor. Thus, understanding the need to induce a positive and uplifting mood as a factor in buyer behaviour inducement represents an opportunity to increase the net effect of the message, action, influence or course one desires or seeks to obtain as a result. Hornik’s (1981) studies suggested that individuals in a positive mood will more than likely be disposed to be future oriented, whereas individuals in a negative mood will have an orientation more geared to the present, or now. This explains the utilization of bright lights, colors, theme music and a festive atmosphere as important variables. The preceding is the general overall mood present in events conducted in the sports sector as they are seen or perceived as recreational or entertaining, thus striking or establishing a pre-conceived mood expectation that needs to be amplified or at least rise to those expectations in order to maintain the positive future orientation factor. The second time-based research that enters into consideration is called ‘intertemporal choice.’ (Hornik’s, 1984) Hornik (1984) continued his work on temporal studies in another work in this area brought out the fact that in such, intertemoral choice, decisions concerning buying behaviour entail the consideration of costs and benefits that are spread over time. Utilization of presentation, message delivery and the non-complexity of information are important variables to be attended to as part of the planning of marketing activities. Stakeholder Behaviour With the conditional boundaries being understood as occurring in the sports sector of the events industry, the analysis contains a number of constraints which can be adjusted to work in favor of the sponsor, but which work upon the attendee. The proper event, based upon its demographic and other component factors, represents an opportunity for a particular business or corporation to have a forum to reach segments of their demographic profile on a more personal and controlled basis. The event entails a participatory structure whereby the attendee either elects to make an appearance, or is expected to do so by his peers, or other considerations. As the first option is the overwhelming choice, due to the voluntary nature, said attendees are more than likely to be in an anticipatory mode with the expectation of an enjoyable time. With this as the foundational mood sponsors should be more disposed to buying into the circumstances as a platform to reach attendees, who conversely are likely to be in a more receptive mood to influences as a result of the festive occasion, in general. Chisnall (1994) refers to the foregoing, on the part of the attendee, as the importance of social considerations in consumer behaviour. Palmer (1998) as well as Chisnall (1994) refer to the importance of establishing and building customer loyalty as variables in the buying process. The foregoing applicability with respect to sponsors in event marketing is a factor of the manner in which the event is conducted, organized and the interest factor inherent within the event and sporting connection. The loyalty of the attendee can be enhanced by his perception that the sponsor or advertiser support the activity, thus tend to be viewed positively. Today’s general public is aware of corporate participation and support as a result of p ronouncements in the media, as well as comparison with other activities. This awareness represents the opportunity to establish a foundation of loyalty perception that is beneficial. The importance of the social setting is a further positive aspect which influences and impacts upon buyer behaviour, as well as the group associations (Rice, 1997). The relatively ‘captive’ nature of event marketing has its appeal in reaching a defined number of individuals within a context and setting that is conductive to buying behavior as well as one which the marketer has considerable control, and influence, relative to the other participants. Sherif et al (1961) refer to the preceding as involvement as described below: High involvement products set up the parameters for a positive balance in the relationship between the performance outcome and the expectation level(s) Low Involvement products set up or result in a negative relationship correlation between performance and expectations. The preceding implication is that active participation and a level of balanced and believable performance sets the foundation for trust and thus a positive relationship. There is effort on the part of the sponsor to be there through selling means, thus setting up an important component of buyer recognition, and thus influence. Passive advertising or promotional forms entail magazine or print utilizations and thus are not participatory. The distinction is that a specific occurrence, or event, entails the participation of active as well as passive individuals, with the advantage going to the active participants influencing the passive. The attendees represent the passive element and thus the climate for buyer behavior is enhanced as it brings together both elements under conditions that foster more intense involvement and interaction. Conclusion Buying behaviour is a condition that can either be amplified or left at its relative levels based upon the everyday forces, influences and circumstances of and behavioral group. This includes attendees as well as sponsors. The common glue that binds the aforementioned is the relationship between the two parties. They represent passive and active modes, and these forces are consistently present as a condition of life. We are either being influenced, or influencing. The levels and amount of individuals thus affected, is a determinant of the degree of organization as well as purpose and offering. Thus, underwriting events within the sporting sector represents an optimum opportunity to be associated with a captive audience that is coming together for a festive occasion, be this a baseball, football, soccer or basketball game or other competitive endeavor. Such an occasion represents a situation whereby a sponsor’s interest in such an event is heightened as a result of it providing more buying behavioral factors to be brought to bear. This thus creates buying behavior difference on the part of the attendee. Increased buyer behavioral patterns are also present on the attendee side as a result of the same elemental input factors that influence such an event, as described by (Sheth et al, 1969), Bearden et al (1982), and Chisnal (1994) in their mention of ‘significance, symbolic and social stages†, along with influences of an ‘ informational, utilitarian or value-expressive nature, and the mapping out the ‘characteristics useful in developing marketing strategies’, respectively. Bibliography Bearden, W., Etzel, M. J. 1982. Reference Group Influence on Product and Brand Purchase Decisions. Vol. 14, Issue 9, p-184, 09/1982. Journal of Consumer Research Chisnall. Peter. 1994. Consumer Behaviour. McGraw-Hill Book Company, New York, New York. ISBN: 0077076168 Dubois, B. 2000. Understanding the Consumer: A European Perspective. Prentice Hall, New Jersey, the United States. ISBN: 0136163688 Engle, J.F., Kollat, D.T., Blackwell, R.D. 1968. Consumer Behavior. Holt, Rinehart Winston, New York, New York, United States Hornik, Jacob. 1984. Subjective vs. Objective Time Measures: A Note on the Perception of Time in Consumer Behavior. 06/1984, Vol. 11, pp 615-618. Journal of Consumer Research Hornik, Jacob. 1981. Time Cue and Time Perception Effect on Response to Mail Surveys. 05, 1981, Vol. 18, pp 243-249. Journal of Marketing Research Palmer, Adrian. 1998. Principles of Services Marketing. McGraw-Hill, New York, New York, United States. ISBN: 0077097483 Rice, Chris. 1997. Understanding Customers. Butterworth-Heinemann, ISBN: 0750623225 Schiffman, L., Kanuk, L. 2000. Consumer Behavior. Prentice Hall, London, The United Kingdom Sheth, J.N., Howard, J.A.. 1069. The Theory of Buyer Behavior. John Wiley and Sons, New York, New York, United States Sherif, M., Hovland, C. 1961. Social Judgment: Assimilation and Contrast Effects in Communication and Attitude Change. Yale University Press, New Haven, Conn. United States Wilson, D.F. 2000. Why divide consumer and organizational buyer behaviour?. Vol. 34, Issue 7, pp 780-796. European Journal of Marketing

Sunday, January 19, 2020

Interest to be in a nursing profession

Nursing is a unique profession that is vital worldwide. I moved to Australia for a better life and career after having worked as a Registered Nurse in overseas for six years. I had completed studying Diploma of Nursing for three years which included theory and hospital trained nursing. To be registered, as a nurse in Australia Nurses and Midwives Board requires assessing the qualifications of international nurses to ensure that nurses are substantially equivalent to Board approved Australian Nursing qualification. Being supported by my husband and relatives, motivated me to commence my University study and to upgrade my qualification.I would like to make a positive difference in peoples' lives. I have always desired a career that involved personal contact and that's what nursing gives me. It is an opportunity for me to use caring in a holistic manner. As a university student, lots of self-study is required. One challenge will be assignment and a presentation, especially as English is my second language. One of the major challenges during my university study will be the financial problem, such as tuition fees, expenses and textbooks. A further challenge may be having several assignments and readings being due close to one another.One of the economic problems is time management as a university student. Time management involves doing the right thing at the right time. Managing time effortlessly can make the difference between a successful student and one who Is defeated by stress. So, time management and balance is significant within my life. To Improve on time management, creating a timetable, study plan will keep me on track In managing my studies. The overall workload of my course material is least likely to be under my control however, my time management and economic management are factors that I can directly Influence.

Saturday, January 11, 2020

HR Training Class

Organizations are continuously seeking to improve quality in which there is more focus on their customer service and relations. In most organizations the customer service skills contribute to the success of the organization. Individuals with good people skills are the foundation to excellent customer service. The skills associated with good customer service are problem solving, team work, leadership selection is not an effective way to improve productivity in situations where only a few applicants compete for a large number of openings, or a business involves only easily learned tasks (Brown, 1996).Employees have many options to improving their performance In the event an organization encounters these situations, selection techniques would not be used but training would be used. In any organization, when employees have interactions with customers it represents the organization. The perception held by the customers experience will influence how they will perceive the organization and its products. When determining the training needs of organizations employees and filling positions are important factors in the HR management processes.Having the right number of people with the right training in the right jobs to meet its sales goals for the new product is essential in a viable organization (Kusluvan, 2003). A job analysis needs to be completed to know the skills needed for each position. The job description will lay out the skills and abilities of an individual needed to fill a job will come from the job analysis. The needs assessment role is to give answers to such commonly asked questions such as the when, who, and why.Conducting needs assessment protects the assets of an organization and facilitates conservation and proper utilization of resources set aside for training. A needs assessment helps to know whether training is the ideal solution to a performance deficiency (Barbazette, 2006). If training does not help resolve a deficiency in skills and knowledge, t here would be no need for the training. Organizations should know the reason training to avoid wasting resources in training materials. Needs Assessment PurposeAltschuld and White (2010) point out training needs assessment serves several multiple purposes only if proper implementation takes place. The needs of the organization is the most important when it comes to the training offered. Serving the business needs with training adds value only when it is  needed. Lastly, it will help correct the issues that the clients may present. The clients know what they want but do not know the way to correct issues concerning human performance. A needs assessment can communicate distinctive information given by the client, also give other reason on the clients original feeling.The other reason for the assessment is to match up with the employee’s performance needs ultimately meeting the needs of the organization. A major role of the assessment is to gather the information that will bac k the design of the training, which best fits the needs of the employee’s job description. Also, it results in recommendations regarding non-training issues that are affecting the achievement of the desired organization and employee performance goals (Barbazette, 2006). It is equally as important for the individual assessor to know the issues and give suggestions as to how these issues could be addressed. In addition, training needs assessment helps protect the continuance of the training functions in an organization.During hard times the risk will not be so high if the training provided adds value to the organization. In the process of a needs assessment one should consider the needs of the business, employee performance, and individual learning. The evaluation methods consist of different factors such as organization needs, learner reaction, job performances and learning. The goal in training is to be able to identify positive changes in each of the four needs assessment pr e-measures when post-measured during evaluation (Lenan & Bailey, 2006). The evaluation measurement can cause the organization to begin a new needs assessment. A needs assessment uncovers the existing performance deficiencies. The assessment will address the following questions: Need of training?Organizations need to compare the deficiency to the business needs and confirm that the positive outcome of training employees outweighs the problems inherent in performance deficiency (Tobey, 2005). In order to answer this question, one will have to complete an alternative analysis along with a feasibility analysis. Individual training?Individuals that can provide a solution to the deficiency should be involved in the training. The targeted population should be analyzed to acquire the knowledge of their deficiency. The analysis will also help design the  training program needed and that would be of interest. Unstable Performance ResolvedThe best way to solve performance issues is by offeri ng training or if training is not feasible offer was to solve the issues. A performance analysis will identify the deficiency of skills; this can be solved by training. Best Performance Ways?To achieve the best results there is a better way to accomplish the task. Job performance standards such as Standard Operating Procedures (SOP) should be set by the organization (Tobey, 1987). Government regulations should also be considered when completing the task in a required manner. Conduct task analysis to identify the best way to perform. Training Timing?Organizations have to consider the best time to complete the training due to the holiday schedules and business cycles will impact the employee attendance.Improvement of the organizations performance is done through the performance and commitment of the employees as well as training. Training will aid employees in their current roles and help develop them for possible future added responsibilities. Some of the purposes of training are to update employee skills, preparation for promotion, and success in management while satisfying the employee needs. Some organizations provide apprentice training.The implementation of a training program being successful depends on more than the organizations ability to identify the needs. The success depends on the ability to obtain information to design a training program to fit the need. Some experts think that the design of the training programs should be focused on objectives of the instructional training’s willingness of employees, instructor’s characteristics and principles of learning. There are many methods of training employees, these methods consist of presentations, role play, on the job training, case study, online web base seminars and simulations.The method of training chosen is online web- based training because it is very convenient to use. If ones company is not  already using it, then there should be plans to implement online training as a part of th e overall plan for education. Web-based training has several advantages. †¢Provides employees access to training materials twenty four hours a day so, they can learn and complete on their own schedule †¢Management can track employees progress†¢Expenses are cut due to not having to provide instructors, venue or materials †¢It enables staff members from various geographical settings to take the training at their convenience without the time or expense of traveling. Since the introduction of the internet, organizations now have virtual online training. This is a way that the company can offer training on various subjects in an online environment. Some organizations offer certificate programs for the completion of the courses employees complete. Ways to motivate employeesThe most indisputable way to motivate employees into attending a training session is to make it a requirement to attend training on scheduled work hours. There are ways to motivate employees that are not interested in attending training sessions are as follows (Tobey, 2005; Rossett, 1987).Provide incentivesThe most common incentives for employees to attend training will include opportunities for promotion, college credits, certificates and monetary compensation. Relate the training to an employee’s immediate jobEmployees are more willing to attend training when the material covered will be directly related to their immediate job performance. Employees would be more motivated to attend a training session on a computer program that the organization will be using in two months than a training session on â€Å"Future Trends on Office Automation† (Rosset, 1987). Therefore, training should be provided before the implementation of the product instead of with the thought of we may use it. Make the training interestingEmployees are more interested and willing to go to training if the session are interesting and they gain useful information associated with their position. I ncrease employee buy-in in the trainingIf the employee has a say in the information covered and the type of training given they will be more likely to attend these sessions. Provide the food.The organization provides lunch during the training session for the employees as the presentation is carried out. This would be the highest possibility that the employees would attend this training. Reduce the stress of attending the trainingOften times, employees are willing to attend training but their schedule constraints keep them from taking the time away from their schedules. The organization can assist employees with attending training by reducing their workload or giving assistance with workload. Customer feedback is significant to respond to customer needs and issues to ensure satisfaction of the Company’s products and services (Brown, 1996). Feedback in training is important in helping make improvements for future training sessions. Sample of survey used to collect feedback.1. O verall how would you rate the training class? ExcellentGoodFairPoor*2. Please rate the following aspects of the training classExcellentGoodFairPoorn/a Did your trainer actively ask questionsDid your trainer have a professional demeanorPlease rate the qualifications of the instructor3. Based on your experience at this training class, how likely are you to attend future training class with this instructor? Very likelySomewhat likelyNot likely4. What did you learn from the training?ExcellentGoodFairPoorn/a5. What do you think about the quality of training?ExcellentGoodFairPoorn/a6. Were the training materials enough?7.Suggest other methods of training8.What did you learn from the training?In conclusion, all organizations should place training employees on customer service at the top of their priorities. Customers will continue to come back when they receive good service and back service will drive customers away. Therefore all organizations need to continue to enhance the customer serv ice skills of their employees through customer service training.