Entrepreneurial Survival Essay Example | Topics and Well Written Essays - 1000 words

Entrepreneurial Survival - Essay Example Therefore, it is important for any company to prioritize credit management and cash flow for increased profitability and survival. There are different issues involved in managing credit in a company. A company first needs to understand well the credit and payment issues of its customers before carrying on a relationship with them. It is essential for a company to identify the high risk customers in order to adopt the most effective strategy of prioritizing collections. The nature of the credit controller of a company also influences the credit management, hence it is vital that a company utilises different credit controllers. Additionally, effective credit management involves strengthening existing customer relationships. A company could for instance renegotiate credit prices with loyal customers, among other incentives, since intuition to customer needs is an important aspect of credit management that can result in more profitability (Bullivant 2012). Having a company credit policy is critical, and this must be up to date with the present creditworthiness of specific customers of the company. Credit insurance is also important in the covering of individual accounts or the whole turnover of company (Chartered Institute of Management Accountants 2009). The strategies used in credit management impact on cash flow. Therefore, effective credit management improves cash flow. However, there are additional factors that enhance the cash flow of a company. First, improving the speed at which goods exchange hands with the buyer is important, because the faster a buyer purchases and pays for a good, the better it is for the company’s cash flow, even as inventory must move for cash to flow. Improved technology for faster payment and delivery of goods also helps to move inventory. Additionally, the use of information is key in improving cash flow. For instance, when delivering goods to customers, a company must track the

The significance of Jerusalem to Judaism, Christianity, and Islam Essay

The significance of Jerusalem to Judaism, Christianity, and Islam - Essay Example armed can defend the physical territory which cradled a religion, yet so as the one favored or preferred by people with the authority (thus making it political). One such city, undergoing fierce territorial pursuits in lieu of its three cradled religion -- Judaism, Christianity, and Islam, is the holy city of Israel, the Jerusalem. Jerusalem is central to the religion, Judaism. Geographically and historically, this city bore the city of David and its main Temple, of which existed the Ark of the Covenant (Prior 71). Inherent to almost all religions, the Judaism’s hold for Jerusalem as its holy city is primarily rooted by its being the place of origin and the existence of an important relic, the Ark of the Covenant. Symbolically, the Temple’s destruction and the Jew’s oppression have become events that were to be endured and triumphed over to be able to accomplish the â€Å"return of the Jews to Zion† (Hoppe 22). Indeed, the world had been witnessed to the Jew’s sufferings. Consequently, they view the return to their holy city, Jerusalem, of which they were repeatedly ousted, as the ultimate reward for refusing to give up in this religious-territorial battle. For the Christians, Jerusalem, as its holy city, lies on the fact that the place is the event for Jesus’ death, resurrection and ascension, as well as the ‘descension of the Holy Spirit on the early Church’ (Prior 71). The Jerusalem City, cradling these important events, naturally marked its place in the Christian history and piety. However, what strengthened the city’s position in the Christian norm is the discovery of Jesus’ tomb in the city (Hoppe 22). The tomb’s existence in Jerusalem sealed its place in the Christian norm that even if pilgrimage was not considered the religion’s tradition, it was nevertheless encouraged. The Muslims consider Jerusalem to be one of its three holiest places, apart from Mecca and Medina (Prior 71). Jerusalem’s holiness in the Muslim context is based

Personnel Guidance in Research and Development Essay

Personnel Guidance in Research and Development - Essay Example A research involving a creation of a new technology may be termed as a high level research. A highly critical issue usually involves a team and each team member contributes in his way towards the research. Research involves discovery of a truth and therefore it should taken seriously and with immediate attention. It does not involve only the searching; rather it is one's effort to find the truth using a series of trials involving various aspect of the issue. A research must be taken with a positive frame of mind and should never be a matter of fun. Before one is ready for research, he must have an objective and should be fully focused on it (Gredler and Shields, 2008). A research involves deep and thorough knowledge of the subject and therefore, the researcher must be aware of the various factors that can affect the scope of the research. A researcher must always start by finding a person who has a deeper knowledge of the subject and with whom he can discuss the various outcomes and the possibilities and the scope of the research. Generally, this person should be much higher in experience and knowledge than the researcher. This person can then be termed as a Research Guide. Performing a research under a guide boosts up the confidence of the researcher and provides a better way to proceed in the work. 2) A Research Plan The researcher must have a plan in order to proceed with the research. One must completely have theoretical as well as a practical approach for the subject. The availability of a research lab helps in attaining better results. It also provides the practical approach where in a real time issues can be simulated. These simulations provide a clear picture of the subject. This helps in better judgement of the subject and therefore a practical approach to deal with it. 3) Finance Another big constraint involving a research can be finances. Sometimes, research may involve high finances. Like a research in the field of automobile engine and emissions may involve a multiple changes in design of the component. Thus manufacturing a new component such as an engine part, with course of the research, involves a lot of resources which will prove costly. Therefore, a researcher must look for funding options if available. To get funding for a research, one must put together all the authentic and genuine facts for the research that must convince the funding authority. Available funds can prove very crucial as these when utilised in an efficient manner can several times get the researcher the best he wants. The researcher then has full freedom to take care of the aspects which he might overlook due to lack of resources. 4) Available facts and figures Another area that needs to be taken care of is the updates that are connected to the field of your research. One

Organizational Development in HRD Case Study Example | Topics and Well Written Essays - 750 words

Organizational Development in HRD - Case Study Example he lease by the state of Indiana through the Indiana Department of Natural Resources, mainly because of the economic strength of the investors. The Inn is operated as a separate business project, however, it does contribute to the sales of the marina as it is a lucrative business and is booked heavily in the season, which runs from Memorial Day weekend to Labor Day Weekend. Although the complex is operational year round, the sales decrease drastically after the Labor Day weekend. Jack Keltner has just recently replaced Leon McLaughlin as the general manager of the marina. He is also the accounting manager of the Inn. The Marina lacked any formal accounting checks till now, and Keltner has introduced certain changes and features to counter this problem. He has also proposed several improvements in the complex in order to increase the profits of the marina, which had just recently been going into loss. Strengths: The main strengths of the complex are its three docks to the left of the central dock, that is, E, F, and G. They are booked well in advance and there are waiting lists. The Inn is another lucrative business that augments the profits of the marina. It has the only showroom in the state with the biggest boats for sale, and is the largest marina of its kind in the country. Weaknesses: The main weakness is the lack of experience of the staff in the trade of marinas, especially the general managers; the former had experience in ship repair, and the current is an accountant. The three docks to the right, A, B, and C, are not rented to the full capacity. The rental boats are more in number than are required, with the average rental capacity around fifty percent. This means more labor for maintenance. The

Teaching childern Essay Example | Topics and Well Written Essays - 750 words

Teaching childern - Essay Example I have come to realize that it is easier to handle young children that mature people, young children in the first place are submissive and attentive to you as an adult, and they demonstrate high level of commitment when you have something to address to them. This is not the case with handling mature students who have several things in the mind and in most cases are not even concentrating on what they are told. With regard to this, several factors that I have learned since I started teaching young children have revolutionized my perception about them and I now hold a completely different opinion over them. The children are quite cooperative if you understand their needs and psychology during teaching. Teaching children requires some of the abilities that if one was not born with, then you have to adapt to them through learning. One thing that will be appreciated about the young children is that they are not conscious or cognizant of many things that take place a round them. This is pr obably the things people fear with children-their inability to concentrate. By teaching the young children, I have leant that they have rather shorter tolerant capacity and needs not to be given several information at ago as we do it for most of the mature learners. When dealing with most of the young children, there has to be several interruptions that involve breaks so that you can engage them in dancing, singing, playing and other things that are off teaching so that they relax their brains in preparation of the next session (Gordon 39). Young children can grasp the teaching contents from the teacher through such initiatives; otherwise, it may be a mirage. Again as a teacher, you should also be prepared of several disappointment form the children and you should not take them personal as most of the children are not aware of the importance of the class sessions and they have to be made to understand this though cooperation and in a simple way (Schwartz 44). Catching emotions with such disappointment can only work to keep the children a way the next day or may make them very timid that they will not be concentrating in the class but on your personality as a fierce and ruthless teacher. With this information, I do recommend the work for any other person so that you can also have first hand experience in relating with children at a close range (Gordon 43). There are psychological strengths, problems that one needs to understand in children, and this is only possible when you relate to them in a close range and get to acclimatize to their level. It is also possible that after teaching a group of young children, you are likely to develop a better understanding of the children’s requirement and will definitely improve on how you relate with your own children because you will understand them better. Through my engagement with the children, I have learnt that patience and tolerance are the prerequisites of success in doing everything. Initially, I was not sur e whether I would succeed in doing the job, but through the two virtues, I was able to cope with it and later realized that all is possible through consistency. I have also leant that every stage in life comes with different strengths and weaknesses and that all these can still be rationalized such that cusses becomes inevitable (Schwartz

Human Resource and bussiness strategy Assignment

Human Resource and bussiness strategy - Assignment Example The standards and measures that are needed to be taken within an HR department change with every passing day. Thus, it is suggested that the diversity of human resource must be the basic factor of HR strategy for Ford Motors. It is because most of the employees working for Ford Motors remain foreigners. The diversity factor will allow the company to get vibrant and variant ideas (Gilmore & Williams, 2012). The career section of the Ford Motors is quiet interesting as they have a wide portal of job openings that can be searched with the help of search tools. There are jobs from entry level clerks to the product development managers. There are different job opening such as Employee payment analyst who is responsible for communicating the implications. In addition, there is another job opening entitled Administration and research assistance. For such a job opening, it is required that the person is able to understand the research needed regarding administration because it is responsible for designing management strategies (Storey, 2007). The job designation that I would prefer is of the employee payment analysis. The reason behind preferring this job designation is because it is a challenging job and would require a lot of communication. In a company where employees from different countries are hired would be a helpful element in undertaking the job. The position is greatly associated with the payrolls that are an important aspect to be observed by an HR department. Motivations and rewards should be designed after careful analysis of payroll of employees. This position is in direct association with the HR management team thus it can be interrelated with other functional tasks of human resource (Wilton, 2010). Work and life balance is the best factor that can be considered for achieve g competitive advantage. This has been focused previously as well as in the form of campaign where employees were given hourly off on achieving excellence

Republic Plato Essay Example for Free

Republic Plato Essay A noble lie is necessary for smooth and peaceful governance. In Republic, Plato offers a wide account that seeks to justify the use of lies among the societal elite. Using the example of a stratified society that is made up of rulers, auxiliaries, and farmers, Plato emphasizes that a society needs these clear strata for a peaceful co-existence. However, this stratification needs to be solidified and justified by a pack of lies which he calls, The Noble Lie. For instance, the people need to be assured that these strata are not as a result of forces within their control but it is the will of God that demands so. It is the will of God that intervenes during birth; so that some people are born with gold entrenched in their souls, others with silver, and others with iron. Apparently, those born with gold make the rulers’ class while the silvers are the auxiliaries and those born with iron are the farmers’. It was believed that if the rulers sired children with silver or even iron they would definitely relinquish their rulers’ status and take the auxiliaries or the framers status depending on the metal in their souls. The same case applied to those in the auxiliary and farmers’ category that were with gold – they would be promoted to the rulers’ class. To mitigate such scenarios, it was also believed that people from different metal classes should not intermarry – marriage was strictly within the same classes (Pangle, 1988). Fundamentally, the noble lie is comparatively similar with the contemporary religion given that they all aim at piecing the society together so as to avoid unnecessary wrangles. Religion, like the noble lie seeks to instill a sense of confidence and trust in the supreme deity who is conventionally believed to be responsible for all issues affecting human kind. Though the myth is a work of fiction from a fertile mind, it succeeds in hammering home its message. The noble message is that human beings cannot be morally and socially equal; some will be rulers while others will be the servants to the rulers. Perhaps Plato’s decision to use noble lie was informed by his conviction that not many people in the society are capable of making good leaders, given that good leaders are expected to make smart decisions. Apparently, those smart decisions need to be laced with â€Å"necessary lies† capable of holding the society together even in the thick of temptations (Pangle, 1988). A good example of noble lies applied in contemporary governance matters is the Iraqi invasion by the western world led by the United States and United Kingdom. Ideally, both President Bush and Prime Minister Blair administrations used the noble lie(s) to drum support from the public that indeed an Iraqi invasion was justified. Following the September 11, 2001 attacks, Americans developed a feeling that terrorism needed to be fought even no matter the consequences. On the other hand, the British public like very many others at the time, particularly non-Muslims had great fears on Saddam developing weapons of mass destruction. These situations provided the best opportunities for the Bush and Blair Governments. For instance, it was very easy for the Bush administration to tie up a few truths (fighting terrorism) with the big lie, that Saddam Hussein was giving refuge to terrorists to justify an invasion. On the other hand, Blair had an easy time convincing the British public that invading Iraq would rid Saddam Hussein of the deadly weapons of mass destruction. Both lies were indeed â€Å"noble† given that they were based on the notion that a toppled Saddam Hussein leadership would create a peaceful world to live in (Postel, 2003). The main reasoning behind Plato’s conception of a stratified society is that a society needed all categories of people for it to be productive. Leaders provided ideas responsible for holding the society together while the auxiliaries provided the critical guarding services to critical personalities and places, with the farmers providing the menial labor for various activities. To him, the lie did not matter or even loose morality given that people believed that their â€Å"God† was responsible for putting a different metal in each individual’s soul and bloodstreams before s/he was born. If the people believed, just as religion demands of them in God then the society will be more governable in a â€Å"just† manner (Mason, 2004). Similar sentiments are shared by Pfaff (2003), when he argues â€Å"that the essential truths about society and history should be held by an elite, and withheld from others who lack the fortitude to deal with truth. Society, Strauss thought, needs consoling lies. † Ideally, this was a conviction based on the notion that the auxiliaries and farmers alike were not fit to enjoy explicit freedom or even capable of cushioning the potential shocks in the event they were told the â€Å"truths. † Or even as Urdaibay (1) asserts, There are different kinds of truths for different kinds of people. There are truths appropriate for children; truths that are appropriate for students; truths that are appropriate for educated adults; and truths that are appropriate for highly educated adults, and the notion that there should be one set of truths available to everyone is a modern democratic fallacy [that] †¦ doesnt work. After all, Plato reasoned that any attempts to tell them the truth would be an exercise in futility as they would not understand the gist of any truths given that their iron coated souls and bloodstreams undermined their potential for grasping truthful things – they could only understand lies which were laced with some elements of nobility. It is only to assert that if they realize the truth behind the laws of nature that are taught to them that, â€Å"the right of the superior to rule over the inferior, the master over the slave, the husband over the wife, and the wise few over the vulgar many† they will definitely revolt against the set social norms and order (Mason 2004). In fact, those rulers should be those people who know and acknowledge that there is no morality or ethics, and that oppression should be applied among the masses to ensure no one challenged the big lie. Strauss galvanizes this argument by asserting that, people should not told about such fundamental truths and that selective teaching should be encouraged in order to keep the masses within the limits of noble lie(s). And that the masses need not be taught beyond what they ought to know (Postel 2003). Work Cited Mason, John, G. Leo Strauss and the Noble Lie: The Neo-Cons at War. Available at: http://www. logosjournal. com/mason. htm/ accessed on July 24, 2010. Pangle, Thomas, Ed. The laws of Plato by Plato. University of Chicago Press, 1988. Pfaff, William. â€Å"The Long Reach of Leo Strauss,† Op-Ed, International Herald Tribune, May 15, 2003. Postel, Danny. Noble lies and perpetual war: Leo Strauss, the neo-cons, and Iraq, October 16, 2003. Available at: http://www. opendemocracy. net/debates/ accessed on July 24, 2010. Urdaibay, Alan. Atheism Central for Secondary Schools, 1999. Available at; http://www. eclispe. co. uk/thoughts/noblelie. htm/ accessed on July 24, 2010.