Saturday, August 31, 2019

Social promotion in NYC public schools

Today New York City district accounts approximately 1. 1 million students, what is one of the largest public school districts in USA. Just couple months ago, Mayor Michael Bloomberg and Chancellor Joel Klein introduced new approach towards the social promotion in public schools in NYC. According to the Raymond Domanico, the proposed initiative will hold back around 15,000 third-graders in case if they fail English and math tests. [#1, P. 4] Of course, the issue of social promotion in public schools is a controversial one and contains numerous cons and pros which were lately widely discussed among the educators. In this essay I am going to provide detailed information regarding social promotion in NYC. The idea of social promotion was initially introduced in NYC in the beginning of 1980s. The program looks alike to the one proposed by Klein and Bloomberg not long ago. Though, 20 years ago it was called â€Å"Promotional Gates Program† and obligated students of the third and seventh grade to pass English reading test and math test before they are accepted to the upper grade. They were also proposed to study at summer schools if they fail the test and retake it at the end of August. Only if they fail this test for the second time, they will be turned back to the same grade again. The novelty of Mayor’s initiative concludes in that, that if the third-graders fail the reading and math test (will not pass level 3, where 4th level is considered to be the highest) – they will be offered another chance to take it but previously attend the summer school. The trick and the topic for the continuing discussions of educators is in that, that the passing level for the second test attempt – is level 2 (the rest of scenario of social promotion is invariable – if students fail this level, they are to repeat third grade again). Some argue that this method will provide weak students the understanding that their flabby achievements will be tolerated, and therefore these students are left with each year behind their progressing classmates. But the Chancellor Joe Klein notes, that â€Å"No one wants to hold students behind. So large numbers of students are promoted even though those students are not prepared for the next grade. The result is that many students are passed through the system from one grade to another without the necessary preparation and skills. These students typically fall further and further behind until they ultimately leave school unprepared. † [#1, p. 4] Now it becomes more understandable, why these changes raised number of accusations from the side of educators and have opponents as well. New Mayor’s approach is retrieved towards summer schools as well: those will be available for the students who are not only third graders but also second graders and who demonstrate poor results and attendance during that grade. The class size is decreased to the quantity of the small group and will account approximately 15 students in each. As to me, this point of the program is very commendable and worth of appropriate attention. Of course, the other question which is usually discussed when the program is either implemented or maintained – is its budgeting. Our case is not an exception. It is worth saying that budget of NYC is to cover these expenses and the size of this burden accounts $25 million (this number is an approximate, but the real one could be much higher). Therefore in order to deal with it, some high school principals in NYC has diverted the funds from the high school students toward the third grade program. Joe Mathew is supporting this idea as well and expresses his thought in the following way â€Å"Money spent on an extra year of schooling for retained students would be better spent on preventing low achievement†. [#2, p. 4] According to the statistical data, because of social promotion program, 25% of all ninth grade students in NYC public schools are over-aged for their class. #1, p. 4] This number brings to the conclusion, that these students most probably were detained once during there school time. In some schools also exists â€Å"unwritten policy of teachers and principals† which is aimed to minimize withholding of a weak students to the lowest quantity of years as it is possible. My opinion is, that when improving social promotion programs in NYC public schools, the attention should be paid to the identificat ion of the â€Å"risk† students or â€Å"risk† groups and work with them before it is too late. I think that it would be also more appropriate to aim these costs to the development of suchlike programs as preschool, improvement of the school in general and additional attention for the low-motivated students or the one who are behind the program. But, for myself I brought up the question for further discussion: is social promotion the result of school miscarriage or is it the sign of greater number of problems which school may face in a near future?

Friday, August 30, 2019

Factors Affecting Students academic performance Essay

The article â€Å"Kids Who Use Facebook Do Worse in School† by Bonnie Rochman illustrates the pros and cons of using Facebook by kids. On the negative side, it has been found by a research, conducted by Larry Rosen, that teenagers who use Facebook continuously or after a short interval of time during study, relatively weaker in study and have more adverse effects on their health such as more physical disorders, nervousness and depression. Moreover, young adults who use social sites extremely have more psychological disorders. On the positive side, social sites help children to sharpen their ability to understand others and improve their personalities. To conclude, Rosen said that parent’s job has become more difficult now because they are in dilemma that how much time, a student should spend on a social site as too much use of it leads to serious problems and they usually avoid to pay attention on important things because of that diverted stuff whereas a child can becom e more empathic by using it. I learnt a lot from this article as it provides all the important information regarding good or bad effects of using Facebook. I found this information very interesting and important as I am a student and Facebook user. It tells me that I should not use Facebook during my study because it can affect my grades and health in a negative way. The information seems accurate and concise and it reminds me to avoid multitasking that is use of Facebook during study period. I think the ideas of the writer are similar to that what I have faced in my life. I firmly agree with the author because all the information includes by the writer in article is accurate and helpful.

Thursday, August 29, 2019

Environmental health Epidemiology Assignment Example | Topics and Well Written Essays - 250 words - 1

Environmental health Epidemiology - Assignment Example The sources of bias that have identified in the study can substantially increase the risk of estimating appropriate value of the association prevailing between leukemia and benzene exposure. In order to effectively deal with this particular critical situation, the process of masking or blinding of each individual participants involved with the provided study will certainly aid in controlling the potential risks emerging from varied bias sources (Higgins & Green, 2011). Based on the results studied in the screening program, it can be ascertained that the calculations provide appropriate results regarding the participants who are subjected to excessive benzene exposure. According to the values identified in the aforesaid calculation, it is determined that the results significantly demonstrated the need of framing a new diagnostic test, which would enable the assessors to define appropriate outcomes. One of such outcomes can be determining the number of positive along with negative participants and the individuals who are subjected towards excessive benzene exposure. Higgins, J. P. T., & Green, S. (2011). Introduction to sources of bias in clinical trials. Retrieved from

Wednesday, August 28, 2019

EMERGENCY NURSING DISCUSSION 3 Essay Example | Topics and Well Written Essays - 500 words

EMERGENCY NURSING DISCUSSION 3 - Essay Example Introduction of such a rule has several implications, both positive and negative, both of which will be discussed in this essay. The main positive outcome of this rule is formal addressing of the established "access block"of eight hours, which was a burden on the emergency departments and had adverse impact on the care of the patient. Thus, the new "access block" standard is four hours and this is enforced with high level of compliance, thereby solving the access block problem. Implementation of the rule forces hospital administrations to take responsibility for the access block problem. Also, ramifications pertaining to patient flow is beyond only ED problem and the hospital gets involved in it. Another major advantage of this rule is that it forces the staff to assess and manage patients at an early stage, thus enhancing the role of clinical judgment, without merely depending on laboratory diagnosis (Cadogan, 2009). The four hour rule has some negative effects too. It causes increased stress because of increased number of after hour shifts, 24- hour emergency consultant cover and increase in weekend shifts. Such stress, without punitive penalties can lead to gaming of figures, facts and flow of patients. The stress can also cause reduction in the standard of care delivered in the emergency room. Also, the autonomy of the emergency physician can get denuded which can in turn impact the patients negatively. The rule increases the propensity for adverse patient outcomes and here are high chances for the patients to get discharged early without a proper diagnosis. Some experts opine that excellence in patient flow will be rewarded than appropriate patient care (Cadogan,

Tuesday, August 27, 2019

Fast food nation book by Eric Schlosser Essay Example | Topics and Well Written Essays - 1250 words

Fast food nation book by Eric Schlosser - Essay Example Yes, Mr. Schlosser you have proved it right. Pen is indeed mightier than the sword that the McDonald uses to slaughter the animals. America, wake up! A society that treats millionaires and billionaires only as part of their culture has no future. American courts will have a tough time in doing some real interpretations as to what food is good for the citizens of America. In the name of free economy, the powerful ones cannot hold the population of the country to ransom as for their eating habits. Agreed, the working mothers have no time to cook food at home; but that doesn’t mean they will watch silently when poison is fed to their children in the guise of fast foods. When the mothers wake up, McDonalds will feel sorry for their expansion plans and closure of the branches will be at double the speed of the inaugural tempo. The vigorous churning process is on, on all the above issues as a result of the publication of â€Å"Fast Food Nation†, by Eric Schlosser. He is the c ause of many a sleepless nights to the management of McDonalds! An inquiry commission perhaps cannot do better than the comprehensive ‘report’ that Eric has produced in the form of a book, â€Å"Fast Food Nation.† He has dealt with every conceivable issue social, cultural, political etc. that affects not only America, but the people of the countries all over the world. Eric makes his objectives of writing the book clear. He writes, â€Å"This is a book about fast food, the values it embodies, and the world it has made†¦.I am interested in it both as a commodity and as a metaphor. What people eat (or don’t eat) has always been determined by a complex interplay of social, economic and technological forces†. (3) The industry’s drive for expansion, consolidation, uniformity and speed has transformed the lifestyles of American people. The changes are unfortunately not for the better. What a revolution cannot

Monday, August 26, 2019

Questions Essay Example | Topics and Well Written Essays - 1250 words - 1

Questions - Essay Example Therefore each individual may have unique personalities due to unique life experiences and their interpretations. These are products of the concept of self leading to individual perceptions and feelings which ultimately strive to maintain and enhance the person. As indicated in Roger's theory of self-actualization, the human behavior, which is essentially an expression of human actions in the social environment actually emanates from "self." The concept of self as indicated in Roger is "organized, consistent, conceptual gestalt composed of perceptions of the characteristics" of self and its relationships to others and various other aspects of life along with "the values attached to these perceptions." Therefore self does exist which essentially thrives in personal perceptions, feelings about one's own, perceptions about strengths and weaknesses, and interpretations about interrelations. In this way social experiences and their perceptions in the context of self shape the "self" when it continues to become fulfilled through its natural tendency to encounter new experiences. The concept of self-actualization contends that people can become fully functional with freedom and emotional support leading to a psychological growth. Each individual has a real self comprising of self perceptions and an ideal self which represents the individual's desire gained from experiences. When these two "self"s are congruent without any conflicts there is no need for adjustment leading to a seamless growth of self leading to the fullest possible functioning, where movement toward personality dimensions such as flexibility, autonomy, and self-acceptance are without events. Lack of self-actualization, on the contrary may lead to lack of self-esteem, lack of flexibility, feelings of inferiority, and other negative emotions. Therefore, formation of self values from experiences in public, private, and natural dimensions and the strong senses of these values impart flexibility to personality which can create another opportunity to enrich self. It means ideal and values gained an d perceived from experiences impart new strengths regardless of external or internal pressures. Personality is experienced to be unchanging or perceived to be constant as a result of personal biases and tendency to selectivity in attending those elements of the person's phenomenal field that are consistent with his prior experience. Q4. The role of past experiences in shaping personality: How do life experiences affect personality Since personality is a byproduct of real-world experiences and attachment of meaning to it by self, the personality is considered to be a derivative of experiences and feelings. A person thus will be having various experiences which would continue to shape the personality as the meanings of personal experiences alter. This would mean every individual will have unique past experiences and their subjective interpretations uniquely configured leading to development

Sunday, August 25, 2019

Executive Summary of an organization Term Paper Example | Topics and Well Written Essays - 500 words

Executive Summary of an organization - Term Paper Example The company sells over 300 products to more than 5 billion consumers. Although traditionally the company primarily focused on mature markets, P&G has managed to expand its market share in regions considered as developing markets, which includes Africa. Competitors: Key competitors of P&G’s products include Unilever, Johnson & Johnson and Kimberly Clark Corporation. The ease of substitution of P & G consumer goods by competitors has resulted to decline in the company’s sales volume. In addition, Unilever has also successfully established international market for its products, thus reducing P&G’s market share. Collaborators: To enhance innovation and increase its management efficiency, P&G has adopted a collaborative strategy in its operation. Microsoft has emerged as the key party in P&G’s collaborative strategy. Microsoft has been able to develop and implement essential information systems that are being utilized by P&G for operations management and communication purposes. In addition, P&G collaboration with Cisco led to the development of TelePresence, teleconference information system used by the organization. Community: Due to its vast market, P&G operates in a dynamic market coupled with a myriad of political, economical and social dynamics. The primarily operates under the domain of the set laws and regulations of the given political expanse. This may range from one country to another. Strengths: By using human resources information systems, P&G has been able to manage effectively its vast volume of employees, which totaled 125,000 globally. Furthermore, using supply chain information systems, the organization efficiently manages global distribution of over 300 brands in 160 countries. According to Gelder (2005), effective management of information and communication systems has also necessitated the appropriate management of P&G’s marketing and advertisement, which is evidenced by their popular brands. Weakness: Implementation of

Saturday, August 24, 2019

Are Human Beings Co-Creators Dissertation Example | Topics and Well Written Essays - 10250 words

Are Human Beings Co-Creators - Dissertation Example A theological work starts with description of a method through which analysis and discussion occurs. In the present paper the point of discussion and analysis is about the creator or co-creator status of human beings from the theological perspective. The important method necessary in this paper will be narration that makes the reader to understand the task of theology as well as addressing the human concerns of ultimate reality. According to Abdul-Masih, Marguerite (2001), opines that the scientific reasoning as well spiritual analysis is important in discussing or analyzing the topic. The philosophical reasoning should accompany the reasoning mentioned above. However, too much demanding of scientific evidence may distort theological arguments. In order to discuss the creative nature or creator status of human beings, the definition of creator is important and that decides the course of discussion and analysis. In defining creator, there exists two types of definitions; one being understood by materialistic proofs and other that is not possible to understand under materialistic or physical laws that govern the 3 dimensional worlds. Hence, let us take creator as the entity that can produce everything from nothing and the other, which can create things from some other matter that already exists. The former definition has no materialistic proof and human beings can create nothing from nothing. The understanding of truths depends on contemporary technology and thus the aspects of theology changes from time to time. The aspects of theology even depend on technical terminology that define mortal/venial sin, angels etc. The understanding of creation or creator depends at the heart and mind of the faithful people as well as their s cope of understanding. When the sensitivity of spirit comes to the fore, the foundations of faith, experience of grace etc are important and discussion as well as analysis takes the above aspects into consideration. Hence, the analysis and discussion in this paper will take into consideration the value for the creators and the utility of creation. It is better to start the paper with discussion of human dignity that is associated with creation (Pekarske, Daniel T (Author), 2002).

Friday, August 23, 2019

China as a single party state Assignment Example | Topics and Well Written Essays - 750 words

China as a single party state - Assignment Example However, just like with any other single party states, the party has been under some sharp criticisms over dictatorship resulting in industrial strife among civil servants and opposition from activists â€Å"AS WITNESSED IN THE STREETS OF HONG KONG WHEN MARAUDING YOUTHS TOOK TO THE STREETS PROTESTING WHAT THEY TERMED OPRESSIVE LEADERSHIP† (Bruce 19). China has had several political lapses that have resulted in weaker policies therefore higher levels of environmental degradation, unemployment and popular dissatisfaction with the local government among others. The party has a pyramid structure of governance with the base of the pyramid having more people but arguably lesser authority. Through such a structure, the party incorporates everyone into a single party affair through â€Å"REPRESENTATION ACHIEVED THROUGH PERIODIC ELECTIO OF PARTY DELEGATES† (Peter 16). At the base are citizens, every Chinese is a member of the political party since it is the sole government in th e country. The citizens elect their representatives also referred to as delegates. These come from all the provinces of the country and are directly involved in the operations of the party thus the operations of the country as the central government From the delegates, a number of commissions arise and from the commissions a secretariat is formed. This way, a self-sustaining pyramid arises since every progressive stage narrows down the number of people in it but increases in authority and command. At the apex of the pyramid sits the secretary general of the party. He serves as the mouth piece of the party and communicates the important decisions made by the secretariat. In multiparty societies such as the United States of America, this figure serves as the presidency with all the executive powers and privileges. As a society changes, so should its leaders. China has stuck to the old class of leaders through its imperial presidency that has always been predetermined even before elect ions. In a way, the ridicule to democracy expressed by the Chinese leaders has contributed to the problems the country faces today. In a single party state, the problems and infightings in the political party automatically become problems of governance. This has been the case in China resulting to indiscriminate treatment of a particular group of people specifically targeted for their express portrayal of their opposition. Just as the name hints, the Chinese Communist Party ascribes to the policies of communism. This political ideology advocates for a collective production and communal sharing of the natural resources. John (36) asserts that â€Å"BUREUCRACY OF THE COUNTRY STRIFLES INNITIATIVES AND PROMOTES MEDIOCRITY†. Communism is viewed as irrelevant in the modern society where private life and private property is a reality. This makes some of the ideologies of the party inapplicable today and has contributed to the high rate of corruption of some of the Chinese elite. Bec ause of the doctrines of communism, China faced a number of sanctions especially from the western countries such as Britain and some of her neighbors such as Japan. Some of these sanctions sill affect the country’s economy. The close relationship between the political party and the government in single party state results in effective decision making, the operations of a country rely heavily on the constitution. A single party society lacks a number of watch dogs to the constitution, which results in the ruling class mutilating the document to suit their personal interest. Minxin (16) explains that â€Å" A CHINESE BORN AFTER 1980 HAVE LOWER LEVELS OF TRUST ON THE GOVERNMNT, A RESULT OF WEAK COMMUNICATION

Assignment Example | Topics and Well Written Essays - 1000 words - 8

Assignment Example Agency Group 06. (2012, June 1). U.S. Transportation Secretary Ray Lahood applauds Ohio for enacting ban on texting while driving by. FDCH Regulatory Intelligence Database. Retrieved from http://web.ebscohost.com.terrehaute.libproxy.ivytech.edu.allstate.libproxy.ivytech.edu/ehost/detail?sid=b5787eb8-fbf3-43f6-8076-c13444f3497b%40sessionmgr11&vid=1&hid=21&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=mth&AN=32W2353416746 The author is anonymous, but he/she writes for the FDCH Regulatory Intelligence Database. The source of authority of the writer comes from the credibility of the database. This database is accessible through EBSCOHost, which contains numerous credible articles and reports. The source has the general public as intended readers. The organization seems to have a single stance on the issue, although its reports can contain different viewpoints. The news article basically reported the support of U.S. Transportation Secretary Ray Lahood for Ohio’s texting-while-driving ban. ... Hosansky, D. (2012, May 4). Distracted driving: Should driver texting and cellphone use be banned? CQ Researcher, 22(17), 401-424. Retrieved from http://library.cqpress.com.terrehaute.libproxy.ivytech.edu.allstate.libproxy.ivytech.edu/cqresearcher/getpdf.php?file=cqr20120504C.pdf David Hosansky is a staff writer for CQ Researcher. He is not an expert on automobile safety, although as a journalist who was nominated twice for a Pulitzer Prize, he is a credible source of news information. CQ Researcher has an intended audience of educated readers. It presents detailed analyses of certain topics using diverse viewpoints. Hosansky does not offer any personal claim because he wants readers to decide on the merits of banning cellphone use while driving through providing opposing opinions from experts and stakeholders and providing studies and statistics. This writing is described as descriptive and unbiased journalism although it is clear from the tone of the writer that he does not support distractions to driving because of the costs to human life and properties. His stance is more objective than other journalists who either oppose or support texting-while-driving bans. The evidence is credible, accurate, complete, and relevant because of the diverse opinions and statistics used. I can use this article to support the claims on the negative effects of texting-while-driving. Park, A., Salsbury, J., Corbett, K., & Aiello, J. (2013). The effects of text messaging during dual-task driving simulation on cardiovascular and respiratory responses and reaction time. The Ohio Journal of Science, 111 (2-5), 42-44. Retrieved from

Thursday, August 22, 2019

Cry Baby Ink Essay Example for Free

Cry Baby Ink Essay Have you ever had that deja-vu feeling before? Well at Cry Baby’s Ink a tattoo shop in Eugene, Oregon it is very different from other tattoo parlors because of its overall atmosphere to customer service quality to its artist work quality. You get that deja-vu feeling at Cry Baby’s, because it’s homely. When you walk in the door at Cry Baby’s Ink you notice something different about this from other tattoo parlors†¦the walls are painted very bright neon green and there are racks of clothing which is different from your average tattoo shop. Not to mention Cry Baby’s is a very large tattoo shop as well with lots of pictures of tattoos that their artists have done covering the walls. At Cry Baby’s you are welcomed with â€Å"Welcome to Cry Baby Ink!† and a smile; Not like other places where you feeling like you are bothering the artists and the other employees, but you feel comfortable. Along with that, employees are pretty outgoing as well. You can tell these people like coming to work every day, they are also willing to answer any questions you may have to their knowledge and if they don’t have an answer for you; they will get manager or even the owner to answer your question. You can tell they pride themselves on being helpful, welcoming and assuring. After speaking with employees about some tattoo ideas or an idea you already have, they’ll personally recommend an artist that they think would do the best job or they give you the option to look at an artist’s tattoo book and you can look through and through their thousands of drawings and tattoos they have done over the years. Many of the artists have over 10 years of tattooing experience and have done thousands of tattoos and are covered in them as well. Once you have chosen an artist to do your tattoo, they’ll sit you down and ask if you’ve ever gotten one, and if so then you’ll lie down or sit in a position where you’ re getting your tattoo done on. As a side note, one thing many tattoo artists like to do while tattooing a customer; they talk and get to know who they’re tattooing, The process of getting a tattoo can take as little as 20 minutes or up to a number of hours. So you’ll have quite the time getting to know your artist; you’ll discover that they aren’t your typical tattoo artists. They are young and they’re pretty outgoing as well. Some cool and unique things Cry Baby’s does is a customer appreciation day once every couple of months to show appreciation to customers! On this day they do $30 dollar tattoos, give out donuts in the morning and pizza in the afternoon all day long. They also post coupons on Facebook for you to redeem in the store for a discount on t-shirts, hoodies, backpacks†¦.etc. They do also a number of different things on a lot of holidays; On Halloween, they dress up in costumes and give candy out to the kids who come and stop by. In October they do $25-45 dollars off a tattoo that has to do something with breast cancer. Cry Baby Ink is a One-of-a-kind tattoo parlor that doesn’t follow your stereotypical tattoo parlor atmosphere; they’re putting a huge emphasis on overall atmosphere, customer service quality, artist work quality. They want their customers to be happy and wanting to come back. They don’t want you leaving as a Cry Baby!

Wednesday, August 21, 2019

The Roaring Twenties and the Prohibition

The Roaring Twenties and the Prohibition Roaring 20s Essay The 1920s were a time of tremendous change in America. It was a period of time called The Roaring Twenties, where America becomes urban and commercial and gets to know the speed, spending, mobility, entertainment and fearlessness. Separating the two wars( World War I and World War II), the 1920s followed significant events such as the sinking of the Titanic (1912), the invention of the stainless steel (1913) and the completion of the Panama Canal(1914), the first transatlantic flight (1927-Charles Lindbergh). Unfortunately, this period could not last forever; the 1930s soon led to the beginning of the World War II, a conflict that cost 6, 700, 000 civilian deaths in the Soviet Union alone. During the Twenties, new aspects of culture were established, the economy was prosperous, there was a widespread social reform, and people found a better way to enjoy their lives and improve their lifestyle. Most of the population preferred to move in urban areas rather than living at rural farms, the main reason being an agricultural depression (U.S lost agricultural markets in postwar Europe). Americans were making and spending more money. As well as having more money, Americans also had more free time because the labor movement reduced to only eight hours in a typical work-day. Furthermore, there were introduced more and more applications suited to the personal lives of individuals and available to a mass market (vacuum-cleaners, fridges, radios). Business taxes were low (presidents Harding, Coolidge and Hoover did not interfere in business) and import taxes were high (tariffs), protecting American industry. Also, advertising industry started to flourish and change: for example before, the producer announced the existence of a product in a dull, dry fashion, but in the 1920s, the producer persuades the public. During those years, people bought different appliances and cars, which gave them more free time and made their lives easier (Henry Ford uses TV newsreels to advertise the new model T). The number of cars increased quickly; in Chicago, in 1915, there was one automobile for 61 persons and in 1930, one for 8 persons. Ford offered big wages (5$/day), as he correctly assumed that mass production economy would eventually fail, unless workers were paid enough to buy the products they made. The main convenience of a private care in the 1920s was great mobility, followed by traveling for fun (rural people were now likely to spend the time in town and were less isolated), better employment possibilities, not only in the car industry, but also other industries such as rubber, steel, oil, glass. Education also increased, and by the 1920s many states passed laws requiring children to attend school, helping force children out of workplaces. Throughout the 1920s, people were more and more interested in music, the period was also called The Jazz Age. The core of jazz music was in Harlem; a musical form belonging to the South and played mostly by black people. From the most known jazz musicians we remember Louis Daniel Armstrong (1901-1971) from New Orleans, Louisiana. During the decade, a new woman was about to be created. Women smoked and danced and wore make-up. They were called flappers- because of their giddy attitude and their outer clothing(looking like a boy). Flappers mostly lived in cities, though, rural people read about them in magazines. In much of the U.S, women only read about flappers in magazines but many disapproved of flappers or would not dare to be so reckless. The 1920s were a prosperous time, but not for everyone. It was also a period of intolerance and isolationism. There were imposed new restrictions on immigration, minority groups were still being discriminated and the Ku Klux Klan was powerful in the South. In addition to this, because of having too much free time and influences of a new lifestyle, urbanization and modernization, the alcohol consumption became excessively. At first, the focus was the moderation of the consumption, but then turned to be a complete prohibition of alcohol. The Prohibition Prohibition (the noble experiment) had quite an effect on American life in the 1920s. People hoped that a result of the Prohibition would be the reducing of crimes and corruption, solving social problems, improving health and hygiene in America, creating a moral society; but it had the opposite effect. Drinking, transporting, making and selling alcohol became illegal and many found it to be exciting and glamorous so, illegal clubs sprang up where people could go socialize and drink. Over the years, a number of states passed anti-alcohol laws, and World War I helped the cause when grain and grapes (which most alcohol is made of) was needed to feed the troops. The fight against alcohol was also used against immigrants, portraying them as groups of alcoholics. Fundamentalists and protestant religious groups favored the liquor ban because it was considered that alcohol contributed to societys sins and evils, especially in cities. America stood at a crossroads between tradition and innovation. What was going to ban the manufacture, sale and transportation of alcohol was the Eighteenth Amendment of Constitution. The 18th Amendment was originally announced in Congress on June, 1917. It was sent to the Senate and in the same year, was passed to the House of Representatives. Moreover, in order to enforce the 18th amendment, it was created the Volstead Act, in 1919. Federal Prohibition Agents (they were about 3,000 agents) was to investigate who were about to sell and transport illegally alcohol; if they were found guilty, they were arrested. The same thing was in the case of owning any item designed to manufacture alcohol, to the guilty ones were applied specific fines and jail sentence(Making own beer will be difficult under new regime!). However, even if there were numerous reports of liquor clearing, the authorities missed confiscating several cases in May, 1926. Another one hundred twenty-five cases made it past the enforcement agencies in September, 1926 and one hundred twenty cases disappeared from a Canadian warehouse due for American shores in October, 1926. Speakeasies started to be popular and increased their number during the decade. They represented illegal bars selling alcohol. There was estimated over 100,000 speakeasies in New York City in the 1920s and it was the most popular way to obtain alcohol. Other ways of obtaining alcohol during the Prohibition: if was prescribed by a doctor, or secretly smuggling from other countries, such as Canada. Initially, many Americans supported the idea of Prohibition. It was thought that Prohibition will reduce the number of divorces, deaths, accidents and poverty. Supporters believed that drinking liquor was immoral. Nevertheless, there were a lot of different opinions about whether it was successful or not. Drinking was part of everyday life and people enjoyed being able to have alcohol when they wanted and they did not want the right to be taken away from them. Two of the most important supporters of Prohibition were Womens Christian Temperance Union and Anti-Saloon League. In Womens Christian Temperance Union, women were one of the main groups fighting for prohibition. Their efforts made prohibition attractive to many reformers and these women changed the opinions of many people. Reformers were also attracted to prohibition because they were able to take out many urban political bosses at the same time (since many bosses operated out of these saloons). The Anti-Saloon League was another prohibition powerhouse. The members from the league tried to get support from churches, law makers, business men and political figure heads in order to get the law passed. Prohibition and Gangsters (organized crime in the 1920s) Bootlegging became one of the most profitable business of those times. Illegal Saloons could be found all over larger cities and almost every city. The owners of these saloons produced their own homemade alcohol but also many imported it. Prohibition gave rise to huge smuggling operations, as alcohol slipped into the country through states like Michigan or on the Canadian border. One of the inherent dangers involved in the business of smuggling liquor was the possibility of a hijacking. Gangs fought for control over the speakeasies which created a lot of violence within the city. Mobsters and gangsters started to take an initiative in the demand for alcohol and saw a chance to make a huge profit. Even if gangsterism was dangerous, this was the easiest way of making money. Criminals got richer and gained more and more power; once they were armed with their guns, no one dared to stop them. If they were caught by police, they often bribed or killed the police. Also, they started bribing public officials; many lawmakers, judges and Prohibition Bureau members were all involved in various crime organizations. Not only the number of crimes increased, but crime was going to be organized. The business was profitable for everyone involved. They defended their high profits by murdering hundreds of their competitors and infiltrating legitimate businesses, labor unions, and government. Most of Mafia or gangs members were young immigrants. Criminals like Al Capone, John Dillinger, Jack Legs Diamond, Bugsy Siegel and Vito Genovese were headliners of the era. To summarize, I would say that the Prohibition was thought to be more moral but it did not realized its main goals. The ones who beneficiated were gangsters and other forces of government. Americans enjoyed drinking alcohol and they even broke the law to do so; as a result, the number of prisoners was larger. A consequence was the lack of respect for the law(was seen as something which was not important) and also lack of respect for religion, because preachers thought that alcohol is the main reason for societys sufferings. People also suffered, because making illegal alcohol was not so healthy; some of them were poisoned, went blind or even died.

Tuesday, August 20, 2019

Effect of Organisational Culture on Customer Satisfaction

Effect of Organisational Culture on Customer Satisfaction Researches by some academics have made it known that a companys culture is closely linked to its effectiveness and efficiency (Kotter Heskett, 1992). In addition, according to (Morgeson, Krishnan, 2006) customer satisfaction is an increasingly significant factor of an effective organization in todays competitive business setting. Prospects arising from increase in globalization by companies, advancement in technology, and outsourcing have meant that companies are increasingly turning their attention to laying greater emphasis on customer service across national borders in order to reduce costs, while at the same time trying to increase customer user-friendliness through day-to-day activities of the firm. ORGANISATIONAL CULTURE (Shein 1996), defined culture as: a pattern of basic assumptions that a group has invented, discovered or developed in learning to cope with its problems of external adaptation and internal integration, and that have worked well enough to be considered valid, and therefore, to be taught to new members as the correct way to perceive, think, and feel in relation to those problems. Other shared definitions by learned scholars refer to organisational culture as pattern of shared values and beliefs that help individuals understand organizational functioning and thus provide them with the norms for behavior in the organization(Deshpande and Webster 1989), a set of cognitions shared by members of a social unit (OReilly et al., 1991). According to (Laurie 2008), organisational culture is a combination of traditions, values, policies, beliefs, and attitude that establishes a general framework for everything done in an organisation. It can also refer to the form of beliefs, values, and ways of managing experience that have developed during the course of the organisations history, and becomes noticeable in its material arrangements and the behaviour of its members. (Brown 1998). (Gupta 2009), in his write up, opined that organisational culture is a set of unwritten rules meant to guide the employees towards an standardardised and rewarding behaviour. TYPES AND MODELS OF ORGANISATIONAL CULTURE In order to appreciate the incorporation of organisational culture, it is very important to examine and search for different models to improve the understanding of the concept of organizational culture. I. Scheins Three Layer Organizational Model These three layers as explained by (Shein 1996) below are stages of organisational culture that should be categorized carefully with the purpose of avoiding any theoretical misperception. Artefacts and Creations the Artefact and Creation layer is the observable stage of corporate culture, it includes the social environment. Usually researchers study the artistic productions, technological output, physical space in the artefacts and Creations stage. Values usually values symbolize the significant things for individuals, they are affective wants or needs and conscious. The existence of values is very important for the organization in order to function competently and share ideals among staff. Basic Assumptions a specific group of individuals study how to manage and handle the difficulties of internal integration and external adaptation through developing and discovering the assumptions. II. Denisons Effectiveness and Culture Model The effectiveness and culture model for (Denison 1990) represents the relationship between management, corporate culture, effectiveness and finally the performance of the organization. This model is equipped to stress the important association in management practices with the beliefs and principles when examining the effectiveness and culture of the organization and its performance. Involvement this feature includes constructing the individual ability, responsibility, duty and ownership. Corporate culture is described as highly involved strongly support participation and generate a sense of responsibility. Adaptability the adaptability feature means translating the environmental business demands into action. Consistency is the vital source of power, course, formation and integration. Mission -is the long-term trend for the corporation. According to (Laurie 2008) organisational culture can be grouped into four main classes namely power culture, role culture, task culture, and person culture. Power Culture- entirely dependent on central power source and control is excercised by key individuals. Role Culture this type of culture is characretised by bureacracy and is based on rationalisation of all aspects of the organisation with role and job description more important than the individual. Emphasis is laid on position as the main source of power. Task Culture job or project oriented. Person Culture here, the individual is the central focus and every resource available is there to serve the individuals within it. (Laurie 2008). The type of culture inherent in an organisation may be decisive for organisations ability to serve its customers effectively. For example, organisations with a culture with respect for the interest of people value their members by displaying concern for their well-being, growth, and development and lay emphasis on the need for cooperation. Such a culture is more effective than one that emphasizes power, control. (Gupta 2009) went further by suggest the existence of two levels in organisational culture; The visible aspect of the organization which he said is reflected in artifacts, symbols and visible behavior of employees, and the hidden aspect which is related to fundamental values and assumptions that employees make regarding the acceptable and unacceptable behaviors in the organisation. Organisational culture in its entirety consists of traditions, values, norms and physical signs (artefacts) of organisation members and their activities. Practically speaking, the members of an organisation will eventually come to understand the particular culture of their organisation. Then, although the culture is one of those factors that are difficult to express definitely, nevertheless everyone knows it when they sense it. Hidden rules and assumptions become an organisational culture as these rules are implemented over time. A strong culture shapes the behaviour pattern members of the organisation in the absence of policies, procedures or advice from supervisors and managers. CUSTOMER SATISFACTION Satisfaction is a general customer attitude by a consumer towards a service provider and an emotional reaction to the difference between what customers anticipate and what they receive in terms of service and or product. When customers are satisfied, they are more likely to return, while dissatisfied customers are more likely to go elsewhere (Levesque and McDougall, 1996, Zineldin, 2000). Customer satisfaction is an important constituent of a successful and thriving organization and can be directly associated to increased profit margins and greater employee satisfaction, customer retention, and repeat purchases to organisations that consider customer satisfaction a key factor in its marketing strategy. An organizations social setting-whether it is called culture or climate-is an important driver of customer satisfaction. As stated by, (Ferris et al., 1998) organizational climate can facilitate a positive relationship between human resource practices and customer satisfaction, support ing a social context model for predicting customer satisfaction. Against this background, this paper aims to explore the way organisational culture affects customer satisfaction in the automobile industry setting, based on the general perceptions of front-line employees. However, according to Darby et al.s (1997) the customer service positioning show a positive relationship with different procedures of measuring customer satisfaction, and consequently it is assumed in this paper that the degree to which front-line employees are oriented towards customer satisfaction is an revealing measure of customer satisfaction. (Schneider et al., 1998) reiterated that there are different dimensions to employees understanding of the appropriate form of organisational culture, based on whether they are managers or not. Such differences in perception are linked to their different positions within the organisation. In addition, since the front-line employees (managers) deal with more pressure, managerial demands, and are responsible for their subordinates, they will be more likely able to understand the possible effects of organisational culture on customers. RESEARCH AIMS AND OBJECTIVES After a critical analysis of the research, the following aims and objectives established for this research are: To analyse the effect of organisational culture on the effectiveness of the organisation. To study the organisational culture of Ford Motors. To understand the relationship between Ford Motors organisational culture and customer satisfaction. RESEARCH QUESTIONS Does organisational culture have any effect on customer satisfaction? What sort of corporate culture does Ford Motors possess? What is the effect of Ford Motors organisational culture on customer satisfaction? LITERATURE REVIEW: A number of academic researchers have studied various elements of organizational culture and customers satisfaction. However, only a few experimental studies have studied the link between the characteristics of an organizations work environment (organisational culture) and this important aspect of organizational effectiveness (customer satisfaction) e.g., Conrad, Brown, Harmon, 1997. Most of the studies that have observed this impact have focused on the relationship between service-oriented climates and customer satisfaction. These studies, while making a very important contribution, have lean towards emphasising on the impact of a climate for service or service climate on customer satisfaction. In doing so, they may run the risk of neglecting some general organizational characteristics that can affect a wider range of organizational outcomes. Starkey and Woodcock (2002) opined that organizations that are less customer oriented are more likely to perform poorly in terms of sales output as against those that are customer oriented. To survive in the highly competitive automobile markets, organisations need to provide products and services that will produce highly satisfied and loyal customers (Westbrook and Oliver, 1991). According to (Asif and Sargeant, 2000), several benefits accrue to the organisation via customer loyalty such as generation of profit, costs related to promotions, advertising, start-up costs are limited. More so, chances of increase in customers will be high, as satisfied customers will recommend the organisations products and services to others. As a result, customer satisfaction can be the key factor to the growth of the business, in term of market share and profit. A popular supposition about the role of organizational culture as it relates to customer satisfaction is that if an organization possesses a strong culture by demonstrating that it has a well-integrated and effective set of defined values, beliefs, and behaviors, then it will achieve a higher level of efficiency. Curry and Kkolou (2004) identify customer focus, participation, and teamwork as important cultural issues influencing customer relations outcomes. They suggested that empowering employees to excel at customer service and ensuring their job security also contribute to customer relation success. According to (Deshpandà © 1999), investigation into market orientation suggests that the existence of an innovative and entrepreneurial culture is strongly associated with exceptional business performance. Collectively, these reports suggest that an organizational culture that puts more importance on customer-oriented behaviours, cross-functional teams, performance-based rewards, adjustment and reactive attitudes to change, and a higher degree of risk taking and improvement, is likely to contribute to have successful customer relations management system implementations. Every organisation has to face the task of ascertaining the critical factors in their organisational culture that will ensure customer satisfaction and loyalty (McDougall and Levesque, 1992). For all these reasons, customers perception of the service experience is frequently the only way accurately to estimate quality level of services and product provided. Within many organizations, identifying these issues may be easy or complex depending on the type of culture involved. In either case, the development of a fitting solution is difficult and the application and maintenance on a long run complex, time-consuming and costly. However, an effective organizational culture is one of the key components influencing an organizations capacity to elicit customer satisfaction and to thrive in the long term. RESEARCH METHODOLOGY: Research methodology is basically the procedures and processes of collecting and analysing data. There are two types of research methodology positivist and interpretive. In this study, we would use positivist approach in order to collect and analyse data. According to Comte (1971), researchers that demonstrate the use of real life, data is known as positivist approach. Conversely, when researchers have a set of assumption about the outcome of the research, it is known to use interpretive approach (Malhotra 2003). As mentioned in the objectives, we aim to find the effect of organisational culture on the effectiveness of the organization and to do so, we would have to use factual data from Ford motors, and therefore, positivist approach will be used in this study. Research Strategy According to Brymen and Bell (2007:135), a researcher can follow five research strategies in conducting his research. They are: 1) longitudinal 2) experimental 3) cross sectional 4) case study and 5) comparative. For this study, case study approach will be used in order to accomplish the research objective. This is because the effect of organisational culture would be analysed in this research in order to figure out its effect on the customer relations of the company. Research Approach A set of methods researchers use in order to achieve the concluding remark on the research objective of the subject matter is known as research approach. According to Saunders (2003), there are two types of research approaches available to conduct a research and they are Inductive and deductive approach Deductive approach is mostly used when researchers needs to find a causal relationship between the variables while inductive approach is a widely used method for qualitative researches. Since the primary aim of this research is to find out the effect of organisational culture on customer satisfaction, the researcher will employ inductive approach for the research. RESEARCH METHOD: Different types of primary and secondary sources would be used in order to collect data regarding organizational culture and customer satisfaction. Primary Data is the vital data gathered by researchers via interviews, surveys or questionnaires (Anderson 2005). In this report, interviews and questionnaire will be used to provide the study a better understanding of corporate culture and the financial performance from all level of employees. The source that will be used in primary data is a survey and separate interview sessions with managers, executives and even temporary employees in Ford Motors. Secondary Data: Secondary data will be collected through researchers who are conducting the research. This data will be sourced from many departments and the web site in Zain Company, along with published and academic journals, articles, books, online resources and many other data from previous authors. Interviews: Interview is one of the most effective ways of conducting qualitative research. In this study, interviewing method will acquire a clear knowledge about the organisational culture of Ford Motors. There are many types of interviews such as structured, semi structured, focused group, in depth and so on. In this study, semi structured interview will be used since it is well known method to clear the doubts and misunderstandings that might arise from the interviews. It should be mentioned here that the primary feature of semi structured interview is flexibility from both interviewees and interviewers side. ANTICIPATED METHOD OF ANALYSIS AND FINDINGS: Data Analyses This study will involve both qualitative and quantitative data analysis techniques in order to establish its objectives. A qualitative approach will be used while in order to demonstrate the relationship between organisational culture and overall performance of the company. Conversely, quantitative approach will be adopted to create a relationship between organisational culture and customer satisfaction. CONCLUSION: This research will focus on the organisational culture factors inherent in Ford Motors and the individual effects these factors have on customer satisfaction.

Monday, August 19, 2019

Ancient Greek Health Theories: Understanding the Melancholic Mean in Aristotelian Problema XXX.1 :: Philosophy Medicine

Ancient Greek Health Theories: Understanding the Melancholic Mean in Aristotelian Problema XXX.1 ABSTRACT: In ancient Greek theories of health, it was the equal balance or mixing of the humors or elements (i.e., the isonomic mean) that comprised the ideal healthy state. In the Aristotelian Problema XXX.1, however, there is a description of a form of melancholic constitution that is both 1) itself characterized as a mean, and 2) thought to lead to intellectual outstandingness. This is theoretically problematic since the melancholic constitution was by definition a constitution in which there was a natural preponderance of black bile. Thus, there appear to be two incompatible means that are descriptive of the ideal in ancient Greek medicine: the isonomic mean that underlies the ideal healthy state, and the melancholic mean that describes the melancholic who is capable of greatness. This paper attempts to understand the melancholic mean as described in Problema XXX.1 by considering the two different but related models of this mean that are suggested in the text. A reconciliation of the two somatic ideals is argued for on the basis of what else is said in the Problema, as well as ideas found in the Hippocratic work Airs, Waters, Places and other Aristotelian Problemata. Why is it that all those who have become eminent in philosophy or politics or poetry or the arts are clearly of an atrabilious temperament, and some of them to such an extent as to be affected by diseases caused by black bile, as is said to have happened to Heracles among the heroes? (Problemata XXX.1 953a10-14) (1) So begins the Aristotelian Problema XXX.1. Why indeed! The atrabilious temperament or melancholia is, according to Aristotle, a natural disposition in which there is a preponderance of black bile over the other humours. The healthy somatic ideal, however, was conceived by Greek medical theorists as the equality of the humours, either with respect to their quantity or their relative strengths (quality); disease was by definition an excess of one of the humours or elements. If the ideal state with respect to the humours was equality or isonomic proportion, but "all those who have become eminent in philosophy or politics or poetry or the arts..." be melancholics, then which state is the ideal — health or melancholia? The explicit association of melancholia with genius is found for the first time in this Problema. The author was working within a long tradition that linked the ideal state with a mean.

Sunday, August 18, 2019

Florida Adoption Laws and Increased Involvement for Birthfathers Essay

Florida Adoption Laws and Increased Involvement for Birthfathers Since 1972, the issues surrounding the rights of unwed birthfathers have provided America with a highly controversial and morally challenging topic for debate. Prior to 1972, these unwed fathers were given little or no involvement in their child’s adoption proceedings, but because of highly publicized adoption cases in which birthfathers have retained custody of their child many years after their adoption took place, state legislatures have been forced to review their adoption laws regarding birthfathers and create more concrete ones. The laws in Florida regarding birthfathers have changed dramatically over the past several years, with complicating, senseless laws being replaced with more rational and reliable ones. The newest laws, passed in 2003 regarding a Putative father registry provide the most stable and fair support for legal adoption proceedings. According to ABC News, in August of 2002, a law passed concerning Florida birthfather’s rights regarding notification of their child’s placement for adoption. ...

Essay --

Attention all teens! As summer vacation is just around the corner, it is time to start thinking about where the best place to spend your escape from every day life. Choosing the proper hotspot is critical, as it will set the tone for the summer. Today’s world is full of extravagant geographical features with a variety of options to spend your time within them. There is a variety of options to choose from: such as the tropical island of Aruba, the mountainous Mammoth Mountain, the incredible Munich, Germany, the beautiful Californian city of San Francisco, or the glorious island of Maui. If you choose one of these hotspots, summer vacation has the potential to be unforgettable, every year. The Mediterranean Island of Aruba To start off, the Mediterranean island of Aruba tops most lists of hot spots. When choosing Aruba, it is essential to have knowledge of the type of clothing and materials to pack. Aruba can be described in one word, paradise. When thinking about paradise, it is important to pack bathing suits, sunscreen, and other beach items. When it comes to nightlife, it is key to bring relaxing, comforting clothing to enjoy a casual, pleasant, beachside dinner. The beautiful island is full of oceanic activities, such as snorkeling or scuba diving. However, if relaxation is what you are looking for, exploring the marvels of Arikok National Park is a pleasing selection. Arikok National Park is filled with Aruban rattlesnakes, parakeets, and other distinctive animals. With this in mind, it is wise to stay clear of this popular tourist spot if animals are not your forte. Picking Aruba as a destination is wise because it is perfect for a romantic getaway, but also a perfect, â€Å"cool† hots pot to hang out at with your friends. Mamm... ... will give you a fun, relaxing, and an all around perfect time. Although heading to Hawaii is found to be a typical summer vacation, the activities it provides vary and make it easy to make your vacation far from a typical hotspot. To conclude, finding any old place to spend summer vacation is not difficult. However, picking the perfect hotspot may take serious deciding. Whether it is the island of Aruba, Mammoth Mountain, Munich, San Francisco, or Maui†¦ spending your time at these hotspots will make you never want to leave the summertime. The wide variety of things to do, and audiences welcome in these hotspots provide a perfect place for everyone. There is no reason to not pick one of these 5 places; they are THAT amazing. Which spot will you choose? No matter what city you decide on, summer vacation will me unforgettable, as long as you pick a proper hot spot.

Saturday, August 17, 2019

Corporate Strategies to Hedge Commodity Price Risks Applying

Table of contents List of abbreviationsIII List of figuresIII List of tablesIII 1Introduction1 1. 1Problem and objective1 1. 2Structure of this paper1 2Background Information2 2. 1Definitions of fundamental terms2 2. 2Commodity price risk in different firms2 3Explanation of derivatives3 3. 1Options3 3. 2Futures4 3. 3Forwards6 3. 4Swaps6 4Hedging strategies with derivatives7 4. 1Hedging with options7 4. 2Hedging with futures7 4. 3Hedging with forwards8 4. 4Hedging with swaps8 5Pros and cons of hedging strategies with derivatives8 5. 1Pros and cons of options9 5. Pros and cons of futures9 5. 3Pros and cons of forwards10 5. 4Pros and cons of swaps10 6Practical example of corporate commodity price risk hedging10 6. 1Introduction on firm's practical hedging strategy10 6. 2Analysis on this strategy11 7Summary12 Appendix13 Appendix 1: Amounts outstanding of over-the-counter (OTC) derivatives by risk category and instrument——in billions of US dollar13 Appendix 2: Derivatives fi nancial instruments traded on organized exchanges by instrument and location——in billions of US dollar14 Bibliography15 Internet Source16 List of abbreviations CHClearing HouseIMInitial Margin MBMargin Balance MM NMaintenance Margin No OTCOver The Count VM YVariation Margin Yes List of figures Figure 1: Structure of this paper2 Figure 2: P of each option position4 Figure 3: Flow chart of marking-to-market process5 Figure 4: P of each future position6 Figure 5: Hedging model on fuel oil of Air China11 List of tables Table 1: Summary for 4 option positions4 Table 2: Summary for future positions6 Table 3: Summary for 4 derivatives9 1Introduction 1. 1Problem and objective The risk of commodity price is a ferocious topic in corporate operation.Corporate profit is equal to total revenue minus total cost. For firms, because of the high volatility on commodity price, their inputs and outputs relating to commodity are unpredictable. As a consequence corporate profit will be imm ensely volatile, which will possibly lead the firm to go bankruptcy if no any preventive actions are taken. For example, producers of commodities probably need to assume unexpected losses, when the price of outputs goes down or the price of necessary raw materials goes up. The situations are similar to wholesale buyers, retailers, exporters and even governments.Volatility of commodities price has great impacts on corporate daily operation. The objective of this term paper is to introduce derivative hedging strategies for corporate managers to reduce or even eliminate future unpredictability, mainly from the perspectives of the role commodity price risks play, what the typical derivative instruments are, where and how to apply these different derivatives in terms of hedging principles thereof, and both advantages and disadvantages when applying each derivative in real business transactions. 1. Structure of this paper Firstly, this term paper highlights problems existing in real world . Secondly, it introduces advanced derivatives theory that can be applied to solve these problems. Thirdly, specific details on the theory will be presented, including explanation, application, as well as pros and cons of each derivative instrument. Then, an example is analyzed to show how companies apply derivatives to hedge commodity risks practically. Last is a summary of this term paper. Following figure shows the body of this paper. 2Background Information 2. Definitions of fundamental terms In financial markets derivative is a contract or security whose value is derived from the value of other more basic underlying variables . One of its most important functions is hedging. In corporate operation, hedging is to secure the companies against potential loss caused by variable risks that arise in international market, such as the commodity price risks. In this paper, commodity means any tangible goods or raw materials that may be sold or traded in the markets, such as energy, gold , or agricultural products. 2. Commodity price risk in different firms Volatility of commodities price influences firms’ daily operation significantly. Producers of commodities, such as farms, oil producers, mining companies, face price risk on output. Wholesalers and retailers, face price risk during the time period from buying from suppliers and selling to customers. Exporters, face the same price risk as well as currency exchange risk. And governments face price and yield risks generating from tax revenues that depend on firms’ operational conditions. 3Explanation of derivativesDerivatives are traded in exchange-traded markets and over-the-counter markets. (See recent derivatives transaction status in appendix 1 and appendix 2. ) Notably, exchange-traded derivatives are default risk free and liquid. However over-the-counter traded derivatives are the opposite. 3. 1Options An option is the contract that gives the buyer the right but not obligation to buy (call option ) or sell (put option) an underlying asset at a predetermined price (exercise price) for certain quantity during a fixed period of time (maturity).The buyer of the option pays a particular amount of money (option premium) to the seller to buy a right whereby he can decide whether or not to exercise this option, simultaneously the seller has the obligation to perform if the buyer exercises the option. European options only can be exercised on expiration day, and American options can be exercised at any time before maturity. The buyer of the call option is named long call, while the seller of the call option is named short call. Similarly, the buyer of the put option is named long put, while the seller of the put option is named short put.In commodity market, underlying of commodity option is a commodity, such as oil, wheat, or gold. Commodity options are both exchanges-traded and OTC traded. Following figure shows P of each option. Following table is the summary for these 4 option po sitions. Table 1: Summary for 4 option positions Market price expectationMaximum profitMaximum lossBreakeven point Long callupunlimitedoption premiumexercise price + option premium Short calldown or stableoption premiumunlimitedexercise price + option premium Long putdownexercise price – option premiumoption premiumexercise price – option premium Short putup or stableoption remiumexercise price – option premiumexercise price – option premium Source: author’s own. 3. 2Futures A future is a contract between two parties to buy or sell a specified amount of asset at a specified time period in the future for a certain price. Normally there are two types of futures, commodity futures whose underlying are commodities and financial futures whose underlying are financial assets. They are highly standardized, regulated, and traded in exchange markets with highly liquid and default risk free property. Because of the marking-to-market process, at maturity the settling price is the spot price at expiration date with profit gaining or loss paying from a margin account, which indirectly makes the effective bargain price equal to the predetermined price in the future contract. Notably, to ensure high liquidity of futures, marking-to-market process plays a significant role. The following figure shows the marking-to-market process. Generally there are two alternative ways at maturity to settle futures, either by cash or by actual delivery of underlying, which is clearly defined by futures exchange.Following figure and table show the details of a future. Table 2: Summary for future positions ?Maximum profitMaximum lossBreakeven point Long positionunlimitedexercise pricespot price + cost of carry Short positionexercise priceunlimitedspot price + cost of carry Source: author’s own. 3. 3Forwards A forward contract is a customized and over-the-counter agreement to buy or sell an asset at a specified time in the future for a specified price, where a long position has the obligation to buy and a short position has the obligation to sell. Compared with futures, no marking-to-market process are required.Counterparties can negotiate with each about the parameters of the contract. As a result, a firm who wants to make forward contract needs to find the counterparty by itself. 3. 4Swaps A swap is a customized and over-the-counter agreement to exchange a series of specified assets periodically in the future. Normally the counterparties of a swap contract are a large institution such as a bank and a company. Basically, we can view a swap as a complicated forward. Except currency swaps, counterparties just need to pay the differences between the cash flow they should exchange. Because swaps are bespoken as a result they are less liquid.There are commodity swaps, interest rate swaps and currency swaps. Interest rate swaps is an agreement of two counterparties to change fixed interest and floating interest on predefined nominal pr incipal in the future periodically. Commodity swaps normally vary tremendously among different markets. In a currency swap, counterparties change same value of different currencies in inception and termination, where the exchange rate of the tow currencies depends on the negotiation of counterparties. 4Hedging strategies with derivatives This chapter will focus on the principles of hedging strategies on commodities. . 1Hedging with options If a trader wants to procure a commodity with high volatile price, he can buy a commodity call option to hedge the price risk of going up. Similarly, if a company wants to sell a commodity product, it can buy a long put to hedge the price risk of going down. In practice, because investors want to bet more precisely on the future price of the underlying, and hedgers with long positions want to save option premiums, a few combinations of options come out, such as a long call and a short put with identical parameters except the different strike price . 4. 2Hedging with futuresWhen the objective of a commodity trader wants to neutralize the price risk as far as possible, usually he will choose to take a position on a future on commodity. A hedger who already owns a commodity asset or doesn‘t own right now but will at some future time expecting to sell it in the future without assuming any price risk, he can apple future hedging strategy to enter into a short position to become a short. Likewise, a hedger who has to buy a certain commodity asset in the future and wants to lock in spot price immediately, he can apply a future to enter into a long position to become a long. . 3Hedging with forwards The principles of hedging strategy with forwards are similar with futures'. Whether to use futures or forwards depends on different requirements. Generally, financial assets investors who need high liquidity prefer to choose futures, while commodity investors such as producers who need high customization prefer to choose forwards. 4 . 4Hedging with swaps When investors want to hedge risks of interest rates, currencies, or commodities, they can use swaps. In gold swaps, counterparties change fixed lease rate with variable lease rate.In swaps on base metals, counterparties change fixed metal price with average price of near dated metal future. In oil swaps, counterparties change fixed West Taxes Intermediate (WTI is a benchmark in oil price) price with average price of near dated WTI future. 5Pros and cons of hedging strategies with derivatives The following integrated summary of these derivatives depending on pervious analysis makes systematic comparisons. (The options here are exchanged-traded European options) Table 3: Summary for 4 derivatives SUMMERY OF DERIVATIVES FOR GENERAL TYPES OptionsFuturesForwardsSwapsTypes of contractstandardizedstandardizedcustomizedcustomized Settlementscash and deliverymost cash and few deliverydeliverydepends on individuals Trading marketExchange tradedExchange tradedOTCOTC Liqu idityhighhighlowlow Marketing-to-marginnorequirednono Time of settlementmaturitydailymaturityperiodically Initial investmentoption premiuminitial margin nodepends Default risk assumed byClearing houseclearinghouseBoth partiesBoth parties ProsDefault risk free & liquiditycustomization & no initial investment Consinitial investment & inflexibledefault risk for both party & illiquidity Source: author’s own. . 1Pros and cons of options The pros of options are obvious. Firstly, they have no risk to assume more loss than premium but have possibility to get unlimited potential profit. Secondly exchanged-traded options are highly liquid and OTC traded options are flexible. However, the cons of options are also explicit, such as the difficulty to decide when to enter into a long position.Because buying an option needs to pay option premium, if the spot price cannot go above (for a long call) or go below (for a long put) the breakeven point the hedger will suffer a loss, and depends on statistics the possibility of a long position to lose is about 66%. 5. 2Pros and cons of futures It definitely makes sense for most companies whose majors are in businesses but not professional in forecasting the price of commodities price volatility, which can make them pay more attention on their core competences instead of fearing about volatile price.Nonetheless, taking neutralized strategies make hedgers give up the possibility of both profit and loss. Moreover, instead of hedging risks by companies, shareholders can hedge themselves according to their preferences. Additionally, if other competitors of the same industry don’t apply hedging strategies, in fact, it is the hedging company itself that assumes risks, because competitive pressures are the same for other all competitors but different for the hedging company its own. 5. 3Pros and cons of forwards Basic pros and cons have been listed in the table in front of this chapter.Generally, compared to futures, the most explicit pro is that forwards are highly customized and therefore the con is that they are hardly liquid. 5. 4Pros and cons of swaps Basic pros and cons have been listed in the table in front of this chapter. Gernally, compared to futures and forwards the most precise pros is that both counterparties could reap benefits from a swap, such as in a currency swap where a firm with a low rate may get a cheaper loan as other firms with high rates, and the counterparty may get a payment as compensation.However the corresponding cons is that counterparty may need to pay commision to intermediary, because it is difficult to find an appropriate counterparty by itself. 6Practical example of corporate commodity price risk hedging 6. 1Introduction on firm's practical hedging strategy Air China is an airline company, whose cost of fuel oil occupies 44. 75% of total revenue in 2008. To hedge the fuel oil price risk, Air China bought a call option with strike K1, meanwhile sold a put option with st rike K2, where K1

Friday, August 16, 2019

Nickel and Dimed Analysis

Looking at whether or not individuals living in poverty are considered to be a minority group by our contemporary culture is an interesting scenario. I’m a social work major so of course I want to think, yes, individuals living poverty are most definitely an oppressed group in society. Minimum wage is nowhere near to what could be classified as a living wage, and these positions often have little room for career advancement within the company. But I assume that what the question was getting at was whether or not those living in poverty are viewed as a minority group by America’s contemporary culture. The answer to that I believe is a â€Å"no.†People who belong to the upper and middle classes often don’t consider the fact that you can have a job yet still be living in poverty. A single parent may hold down two minimum-wage paying jobs, but still need a little help to make ends meet. And because they receive government assistance their hard work is ignored and they are simply viewed as lazy nuisances who are mooching off the middle classes’ tax dollars, not an oppressed minority group. The American government has taken steps to show that it is more aware about the minority status of those living in poverty, and has taken some steps help people in that group.Beginning with the civil right’s act in 1964, discrimination based on race, religion, or sex was 2 made illegal on a federal level and thereby beginning the first steps meeting the needs of poor individuals by combatting poverty through getting rid of housing codes, and racial redlining laws throughout the U. S. After the civil rights act a plethora of social justice programs were put into action. The Economic Opportunity act and The Economic Development act began to earnestly work a provided more jobs to both rural and urban communities.Medicare and Medicaid were developed to provide aid to the aging and poverty stricken communities, and multiple food programs were p ut into place for different types of people needing assistance. Special attention was paid to developing programs for America’s children and youth. The Special Milk and the National School Lunch Programs were developed feed children through their early childhoods as well as their school years. Grants and services were given to low-income and inner city schools and research was being put into how to deal with the social causes of delinquency and stop the emerging problems of youth gangs.Many of these programs started in the 1960’s have evolved into services we hear a lot about in social work today, such as AmeriCorps, TANF, and WIC. Although many of the programs above have helped to alleviate some of the pressures faced by those living in poverty, in our ever changing country new problems are always coming up. In modern day America, Homelessness, and the stereotypes associated with being homeless, is one of the larger problems social workers are working to help with. On e of the bigger issues with being homeless is finding a stable job and source of income.I remember in class when Dave talked about giving out cell phones to the people at his shelter so that if they had a job interview, they wouldn’t have to put down the shelter’s telephone number. The stereotypes that 3 come with being homeless often discourage employers to consider hiring someone who is living in that condition. When I had my field placement my sophomore year at Refuge of Hope, I remember one of the first things the director of the shelter would do during an intake, was to give the new client a bus pass, so that when the client was job hunting he could say that he had a reliable source of transportation.I think that a lot of these government programs are helpful in meeting some of the daily needs of those living in poverty, but I also think that one of the biggest needs that needs to be met is to stop the negative stereotypes and prejudices we have about those who ar e living in poverty, and I’m not sure I believe that’s something a government run program can do In our American Minorities course this semester we have defined prejudice and discrimination in the following ways; Prejudice is a negative attitude that rejects and entire group and discriminations is a behavior that deprives a  group of certain rights or opportunities.In other words, prejudice is how you feel towards a certain people group, and discrimination is the way you act towards that certain people group. One example of prejudice and discrimination that especially stood out to me in Nickel and Dimed was the way the hotel management in Key West would automatically have their Black and Hispanic job applicants sent to work as housekeeping staff or busboys in the hotel restaurant. Similarly the white applicants were pressed to work as front desk staff or as waitresses in the hotel restaurant.Obviously the Hotel management had conceived the idea that their Caucasian w orkers needed to be the ones interacting with the customers and guests, meanwhile the Black and Hispanic workers where supposed to have jobs that were more â€Å"behind the scenes. Why was this happening? Well perhaps it is because the hotel 4 managers held the stereotype that people of color are lazy, and wanted them out of sight from their customers and guests and in positions where management could easily keep an eye on them and hold them accountable for any â€Å"time theft.†Perhaps the reason is management viewed there Black and Hispanic workers as less educated and sophisticated, and therefore didn’t want them directly interacting with the hotel’s middle and upper class clientele. Either way it’s obvious that in this book the management held negative views of their Black and Hispanic workers, and acted upon them by denying people of color certain jobs. Another example of prejudice in noted while I was reading Nickel and Dimed was how the owners of the houses Barb cleaned while working as a maid in Portland seemed to always be on their guard from the maids.As evidenced by Eh Erenreich later in her book, you can see through the way hidden cameras are being sold to owners so they can spy on their maids or babysitters at home, there is a genuine distrust experienced by these home owners. It seemed like these homeowners are just waiting for one of their priceless heirlooms to disappear. I think that the main belief that Barbara Ehrenreich tried to explore in Nickel and Dimed is that, if anyone is living in poverty, than they can work their way out if they would only get a job.Basically, it’s the concept of the â€Å"American Dream,† where you can be a homeless orphan, but if you work hard enough you can make your way up the ladder until you become the president, or anything else you desire to be. Throughout Ehrenreich’s book, she proves this belief to essentially be a myth. If you are a healthy individual how can find at least two entry-level job positions run by companies who are willing to work around your schedule, and you’re also able to find affordable housing and transportation close to these job sites, then maybe it’s possible to make a better life for yourself.But finding and maintaining everything on this checklist is an 5 extreme rarity in life. If even one of the things on this list doesn’t come through for you, then you’re probably using any extra money you’re making to cover up the gap that this missing thing costs. Ehrenreich combatted many myths about poverty in her book, and I think the first and biggest myth she debunked is the common belief that poor people are lazy. After reading her description about what it was like when she worked as a maid, cleaning houses top to bottom every day, I know I couldn’t do the same.I used to throw a fit when my mom made me dust and vacuum my room once every Saturday. Housekeeping, retail work, e ven waitressing are some of the most tiresome jobs In America, and the fact that you’re paid minimum wage for these things is astounding. A myth I hear most commonly from my own friend’s and family, is that they are pouring so much of their tax dollars into people in poverty, that their basically getting a free ride through life.In the book however, we saw Barb practically chasing her tail to try and get some food assistance, and after hours of phone calls she eventually ended up with a basket of what sounded like expired leftovers from Sam’s Club, not anything the government actually paid for, or anything of real nutritional value. Finally, and perhaps most importantly, she showed her readers that â€Å"minimum wage,† is not equal to a â€Å"living wage. † Even when Ehrenreich was successfully holding down two jobs in Maine, the money she was making wasn’t enough to account for the small unexpected expenses she ran up against, let alone som ething like health insurance.In Nickel and Dimed, the concept of meritocracy is challenged in several ways by Ehrenreich. First we see that gaining employment at many of these entry-level jobs is in no way 6 associated with intelligence. We see Barb take several â€Å"personality† tests that are in reality actually designed to see how well you’ll be able to comply with the company’s standards and employee ethics. It’s also required several times for Barb to let the company test her for illegal drug use. These are the only two things every required before Barb is accepted into a job.I think this sadly only goes to show that companies are not at all interested in having employees that will rise through the store ranks to eventually become managers, in fact, Barb’s employers were often surprised to find that she hadn’t quit after the first week. In sort of an odd way, I actually thoroughly enjoyed this book from start to finish. Barb met some i ndividuals who had gone through or were going through truly horrible things, and while I didn’t enjoy reading about those situations, I did enjoy the breath of honesty that was brought into this book through those people.I think that perhaps the most stunning revelation I received while reading this book, was when Barb acknowledges that while she was struggling with the physical part of being a maid, she was a healthy person who had grown up exercising and getting three square meals a day. What could it possibly be like then, for someone who can only afford a bag of Doritos for lunch, and doesn’t have the vitamins provided by fresh fruits and vegetables to help get them through the day?It’s unbelievable how much the system works against you when you’re trying to make a living for yourself. If the government could start a program that could force everyone in America to read this book, that would be great, but I don’t see that happening. I suppose th at’s why Advocacy is such an important part of social work. We’re the ones who have the opportunity to help others see that a person living in poverty is oppressed by society, and we need to change the way we think about him or her.

Thursday, August 15, 2019

Aldi Hr

Introduction ALDI is a global food retailer. Since opening its first store in 1913, Aldi has established itself as a reputable retailer operating in international markets including Germany, Australia and the U. S. Aldi has over 7,000 stores worldwide. What distinguishes Aldi from its competitors is its competitive pricing strategy without reducing the quality of its products. In fact, in some cases Aldi’s products are 30% cheaper than those offered by its competitors. Aldi can do this because the business operates so efficiently. The Times Case Studies, 2011) ALDI and HR Aldi has a very flat organisational structure. In the UK it is split into 5 regions (there are 62 internationally); each region operates individually, only sharing the purchasing function. Each region has 5 departments, and there are only 3 levels between the Store Assistants and the Managing Director of the Region. Organisational Structure Noticeably, there is no IT, Marketing or HR function in the structure. IT and Marketing are both outsourced to third parties.IT are called on as and when needed by whichever department needs them at the time, whether it be till maintenance, or maintaining the logistics software package. Marketing is outsourced to a company in Atherstone, and their link in the organisation is the Trading function. HR is stripped back within ALDI, and is headed by 2 HR Managers in the Store Operations Function. All area managers within ALDI are trained in HR, and deal with all personnel issues, from Recruitment, to performance management and Training and Development.The HR managers in Head Office purely focus on making sure the Area Managers are up to date with new legislation and policies. ALDI adopt a grandfather technique, where, store managers have little to do with HR. It is their job to focus on the store, and deal with staff rotas and minor issues. This way, store employees report to their line manager for operational issues, and the Area Manager for HR issues. T he only HR issue not practised by Area Managers is Payroll, which falls into the Finance Function.ALDI is extremely focused on productivity and efficiency, and because of this, the Neston Region in the UK is trialling using a HR Agency (Kinetic), to manage a major amount of its HR function. The agency takes care of Recruitment, Induction, Payroll, Development, Performance Management, and acts as a HR Manager for the agency staff within ALDI. ALDI intend to get to a point where 70% of store staff is through an agency, with exception to Store Managers, Assistant Managers, Deputies and Full Time Staff. This saves money as it takes a lot of responsibility off Area Managers, leaving them with more time to focus on operations.According to Righeimer (Date Unknown, p. 4), most organizations view the department of Human Resources (HR) as an administrative function and ignore the need and opportunity to align it with its strategic plans. Aligning HR and strategic plans is an important endeavo ur for every organisation. Studies strongly support the alignment between strategies, HR, and performance and thus show the potential role HR can play in implementing strategy and developing an organisation’s competitive advantage. How HR activities support the organisations strategyRecruitment and Selection, Performance Management, and Training and Development are three HR activities that support the organisations strategy. (Hameed, 2011) Recruitment and Selection According to ALDI’s strategy (2012), â€Å"We want every ALDI employee to have a rewarding career, with opportunities to grow and develop, whether they work in our stores, distribution centres or management teams. We expect our people to be committed, hard-working and take ownership of their responsibilities. In return, we provide salaries that are considerably above the rest of the industry. The recruitment and selection activity supports this by ensuring the right people are hired first time. It is vital to find committed, hardworking people, who have a pride in their work and take responsibility for their success and mistakes. Productivity, quality and service are three of ALDI’s focuses, so HR’s ability to attract and select people with the right knowledge, skills and attitude is vital. As it is down for the most part to the Area Manager to fulfil this HR role, it is vital they have the skills to recognise the right sort of employee who would fit in the business.The major disadvantage of using the agencies, as currently being trialled, is that the agencies do not work in the stores, and are an outsider to the culture and work ethic of ALDI. For that reason, the Area Managers should have complete control, as they know what sort of person they need, how to motivate them, and exactly what is expected with ALDI’s culture. Performance Management â€Å"We have developed a range of high quality, structured training programmes to enable our employees to fulfil their roles successfully.ALDI Managers have a responsibility to develop and motivate employees, rewarding excellent performance and continuous improvement. † (ALDI, 2012) A HR activity that is also performed in part by Area Managers is performance management. As Area Managers spend a lot of time in stores, they can see the productivity of staff, who is excelling and who needs a little motivation. The store manager reports performance to them also, so they get a complete picture. The agencies receive reports from the Store Managers, only if something is not working out.The agencies manage the performance of their employees, but do not really focus on opportunities or continuous improvement, as they do not have the power in store to do so. Likewise, store managers and Area Managers do not focus on the agencies employees, as technically they are not their own. If this was fully down to the Area Managers again, and Store Managers were given a greater role, staff could be managed better. Stand out performers could be recognised better, and future progression would be a benefit.Also, employees would be more engaged and productive with a clear structure and with everyone being part of the same â€Å"team†, no â€Å"us† and â€Å"them† as such. Training â€Å"We want to attract the best talent and ours are among the highest advertised starting salaries for graduates in the UK and Ireland. Over 85% of our Directors are recruited from within the company, demonstrating the importance we place on training and development and rewarding performance. † (ALDI, 2012) The Training and Development aspect of HR is focused highly on, within ALDI. There is constant training available and succession plans in place for most stores.Deputies are trained to do the Assistant Managers job in case of Sickness, Pregnancy or Resignation of the latter, and likewise with the Assistant Managers, they are trained to do the Store Managers Role. Store Assistants are enc ouraged to progress to Deputies based on performance. Training and Development is also evident throughout Head Office. Area Managers are only recruited through Graduate Schemes, and Directors are successful Area Managers. 85% of the Directors were Area Managers, whereas the other 15% are either from international ALDI head offices, or â€Å"born into it†, i. e. the Albrieght family.The obvious disadvantage with the Agency is that they have no say or decision in regards to Training. As its employees are employed by them and not ALDI, they do not have access to the same training and development. How HR Professionals support line managers and their Staff With a 2006 ASTD study finding that 70% of training failure happens after the formal training finishes and a recent CIPD study finding that only 12% of employees feel that line managers take learning and development very seriously, it’s a little surprising that more is not being done to gain line manager support in the de velopment process. Peterson, 2006) The role of the line managers has changed over the last twenty years.There is a widespread drive to give line managers more responsibility for the management of their staff and to reduce the extent to which human resource departments control or restrict line management autonomy in this area (Brewster & Larson, 2000). HR professionals no longer have sole responsibility for the management of people, but share this responsibility with line managers. There is evidence that HR responsibilities are increasingly decentralized nd devolved to line managers (Cunningham & Hyman, 1995). In ALDI, Cunningham and Hyman’s point (1995) that responsibility is shared is correct, if not more centred toward the line manager rather than a 50/50 split. This is probably due to the amount of time passed since their original comment. It is interesting that what they originally said nearly 20 years ago still applies, giving the impression that the HR function has been under fire for quite some time, yet is still here in a pretty similar form in most companies.The line manager in terms of ALDI would be the Area Manager and the HR Professionals for the Area Manager. With the Agency staff, their line manager for HR would be their external agency manager. HR professionals in ALDI support the line managers by providing updated regulations, policies and visions down, to be implemented further down. The obvious benefit of Line Managers taking a front line role in HR, is that they know the staff better. HR Professionals in Head Office do not work with the store employees and do not know about performance or what motivates each individual.The CIPD states that where employees feel positive about their relationship with their front line managers, moreover, they are more likely to have higher levels of job satisfaction, commitment and loyalty – which are in turn associated with higher levels of performance or discretionary behaviour. (CIPD, 2 012) As the HR professionals have empowered the Line managers as such, it improves employee engagement. Talent can be spotted, managed and trained, and with the right people in the right jobs, the team’s works better together and is more productive.Consistency is an issue that can arise when different Line Managers have different attitudes and ways of working. This is when support from HR is vital as they can provide guidelines and policies that ensure the message across the company is consistent. With the agency, it does mean that the message HR is sending out, is not necessarily what the agency is doing / preaching. This is another shortfall in the HR process when it comes to agency working. If Area Managers had complete control and there was no agency, then the message would be consistent across the board.Conclusion and Recommendations It is evident that HR takes a simple yet complex form in ALDI. Although it is missing from the organisational structure, it is practiced in part by at least 46 Area Managers. There is a big emphasis on Training and Development throughout the company, and HR activities are being used for succession planning and finding the next generation of ALDI AM’s and Directors. The use of the agency seems to be slightly detrimental to ALDI’s message, and outsourcing the HR like it is, will cause confusion, and splits in the teams.They need to revert to AM as the main HR leader within the Area and only use agencies at times such as Christmas for relief workers etc. As AM know better than any agency, the staff recruited and selected will more than likely be more productive and fit the company better. Also, there may be an issue with succession planning if their aim of outsourcing most staff jobs out is achieved. It would seem that they would hire the people themselves, after trialling them with the agency, so why not just hire directly anyway.The overall finding however, is that HR must remain in the company, and be man aged as it once was. Eliminating the HR function more so than now, will cause major problems, and those problems are starting to arise now. If HR wasn’t managed at Head Office, then inconsistent practices would be followed out, creating discomfort within the stores and the ALDI mantra of Team working would be lost.Works Cited ALDI, 2012. CSR – Our People. [Online] Available at: http://www. aldi. co. uk/uk/html/company/15435_25201. tm [Accessed 06 11 2012]. Brewster, C. & Larson, H. , 2000. Human Resource Management in Europe. London: Blackwells. CIPD, 2012. Role of Line Managers In HR. [Online] Available at: http://www. cipd. co. uk/hr-resources/factsheets/role-line-managers-hr. aspx [Accessed 06 11 2012]. Cunningham, I. & Hyman, J. , 1995. Transforming the HRM vision into Reality: The Role of Line Managers. Employee Relations, 17(8), pp. 5-20. Hameed, T. , 2011. Organisation Strategy and Human Reosurce. [Online] Available at: http://www. rutilities. com/2011/0 9/organization-strategy-and-human-resource/ [Accessed 06 11 2012]. Peterson, E. , 2006. Employee Relations. 2nd ed. Chicago: Hardwell Press. Righeimer, J. P. , Date Unknown. Aligning Human Resources and Strategic Plans, London: Maverick Electric. The Times Case Studies, 2011. Aldi – Competitive Advantage through Efficiency. [Online] Available at: http://businesscasestudies. co. uk/aldi/competitive-advantage-through-efficiency/introduction. html#ixzz2CEnCsFmq [Accessed 06 11 2012].