Tuesday, May 26, 2020

Can This Marriage Be Saved - 804 Words

Can This Marriage Be Saved - Answers You Need to Hear By Catherine R King | Submitted On February 22, 2014 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Expert Author Catherine R King Divorce happens, this we know. About half of all marriages will end because of irreconcilable differences, and that is a well known statistic that we dread. Sometimes it may feel hopeless, as you try to ignore your suspicions but only face one disappointment after another. Maybe it seems as if your partner is unwilling to work with you. It feels like you re battling the inevitable. Can this marriage be saved is certainly the resounding thought in your mind. How It Used to Work Back in the Old Days You want things the way they used to be, that is quite understandable. Like most of us, you probably heard your parents or grandparents say, Till death do us part. Back in the day, people tried harder to stay together. Today social norms have changed; there are more divorces in the modern age than there ever were in previous decades. It s not a question of can this marriage be saved; anything could be forced to work. It s should it be saved? Relationships that involve physical violence or emotionalShow MoreRelatedThe Moral View Of Homosexuality1708 Words   |  7 Pagesin existence. This argument has been viewed by philological experts and people all over the world for centuries and it continues to be a major argument today. The moral view of homosexuality has many arguments, but the arguments that are going to be mentioned are the normative ethics argument, the argument on why the moral law is true when it comes to homosexuality, and why homosexuality should be viewed immoral in today’s world. The normative ethics argument against gay marriage states how oneRead MoreShould Gay Marriage Be A Hot Button Issue?944 Words   |  4 PagesGay marriage has been and is continuing to be a hot-button issue in America for some time now in which both sides have strong and passionate support. To say the least hysteria and outrage has ensued leading to discrimination against a whole community of people. Questions like â€Å"Is homosexuality genetically caused or is it by choice?† have been one of the main debating points. Everyone has an opinion on this question but few valid scientific answers have been provided but this could start to changeRead MoreA Critique of Eric Bartels My Problem with Her Anger Essay912 Words   |  4 PagesEnglish W131 Mrs. Dunn 18 October 2012 A Critique of Eric Bartel’s â€Å"My Problem with Her Anger† When most people get married, they go into the marriage with the expectations and hopes that everything will go as planned, that they will always get along, and that the responsibilities will be evenly divided between both spouses. And for two working spouses who have children, they share the expectation that no one parent will be more of a caretaker than the other. Eric Bartels, a feature writerRead More Chaucers Canterbury Tales - Marriage as Portrayed in Merchants Prologue and Tale1193 Words   |  5 PagesMarriage as Portrayed in The Merchants Prologue and Tale  Ã‚   The story of Januaries marriage to May and her subsequent infidelity with Damyan allows for not only Chaucers view of marriage to come through, but also includes the opinions of contemporary writers. Chaucer allows his views to be made known as the narrator and his views could also be said to infiltrate the speeches of the Merchant. Justinus and Placebos views are also accounted for as the fictional characters also air their opinionsRead More The Effect of Pride and Prejudice on Darcy and Elizabeths Relationship1366 Words   |  6 Pagescalled The Bennetts. This is one of the main families in the book. The whole novel is almost based around this family. In this family there is, Mr Mrs Bennett, Jane, Elizabeth, Mary, Lydia, and Kitty. There are five daughters. Mrs Bennett is very determined to get her daughters married to someone with a lot of money. An entail is to limit the inheritance of property or estate to a specified succession of heirs. A good marriage is very important for everyone. This is because the personRead MoreEvolution Of Male Dominance Throughout A Doll s House1416 Words   |  6 Pages the audience is guided through a dictatorship masked by the word â€Å"marriage†. The setting of the play is in Norway, where the Helmer family lives together in a patriarchal society around the late 1870’s. Nora and Torvald Helmer appear to be a delightful couple. However, as the novel progresses, it is easily seen that there are major problems in their marriage. Torvald’s male dominance slowly diminishes in his superficial marriage to Nora and he soon gains knowledge over a touchy implication.Torvald’sRead MorePortrayal Of Women : A Closer Look At Sleeping Beauty1527 Words   |  7 Pageswitches and ogress usually perish in the end whereas, beautiful, patient and good maidens are saved by charming princes who marry them and live happily ever after. This paper will analyze the French author, Charles Perrault’s fairytale version of â€Å"Sleeping beauty in the woods† to determine the feminine roles as portrayed by the heroines. Perrault’s fairytale version of â€Å"Sleeping beauty† To summarize this tale, Perrault tells the story of a king and his wife who were blessed with a very beautiful girlRead MoreAnalysis Of The Affordable Care Act1331 Words   |  6 Pagesunder the Obamacare program now risk losing access to birth control benefits due to the Trump administration draft rule which now allows basically any employer to file a religious exemption from the mandate. This is the first step at dismantling the Affordable Care Act mandate that has saved Americans citizens billions of dollars on health-care and stripping away womens rights to seek to reproductive health care. Robert Pear in his article, â€Å"Draft Rule Makes It Far Easier to Deny Coverage for BirthRead More The Character of Torvald Helmer and Nils Krogstad in A Dolls House1498 Words   |  6 Pagesbelieve this unless he had some suspicion of her past influence? A further hint comes when Helmer remarks: I pretend were secretly in love--engaged in secret--and that no one dreams that theres anythi ng between us. Why does he want that? Is this not a reference to the conflict of interest regarding her father? Lastly, after reading Krogstads letter, almost immediately Noras father comes to mind; he exclaims, So this is what I get for condoning his fault! I did it for your sake, and this is howRead More Henrik Ibsens A Dolls House Essay1067 Words   |  5 Pages Marriage is a forever commitment between two individuals to love one another but marriages dont always have the fairytale happy ending. In Henrik Ibsens play A Doll House, Nora and Torvald Helmer learn some things about their marriage that they had not realized before. Nora Helmer discovers Torvald, herself, her marriage, as well as her own identity as a woman. Nora Helmer, the wife of Torvald Helmer, throughout the whole play has been keeping a secret from her husband. A few years

Friday, May 15, 2020

Major General Alexander Hayes in the Civil War

Born July 8, 1819, at Franklin, PA, Alexander Hays was the son state Representative Samuel Hays.  Raised in northwestern Pennsylvania, Hays attended school locally and became a skilled marksman and horseman.  Entering Allegheny College in 1836, he left the school in his senior year to accept an appointment to West Point.  Arriving at the academy, Hays classmates included Winfield S. Hancock, Simon B. Buckner, and Alfred Pleasonton.  One of the best horsemen at West Point, Hays became close personal friends with Hancock and Ulysses S. Grant who was a year ahead.  Graduating in 1844 ranked 20th in a class of 25, he was commissioned as a second lieutenant in the 8th US Infantry. Mexican-American War As tensions with Mexico increased following the annexation of Texas, Hays joined Brigadier General Zachary Taylors Army of Occupation along the border.  In early May 1846, following the Thornton Affair and beginning of the Siege of Fort Texas, Taylor moved to engage Mexican forces led by General Mariano Arista.  Engaging at the Battle of Palo Alto on May 8, the Americans won a clear victory. This was followed the next day by a second triumph at the Battle of Resaca de la Palma.  Active in both fights, Hays received a brevet promotion to first lieutenant for his performance.  As the Mexican-American War ensued, he remained in northern Mexico and took part in the campaign against Monterrey later that year. Transferred south in 1847 to Major General Winfield Scotts army, Hays took part in the campaign against Mexico City and later aided Brigadier General Joseph Lanes efforts during the Siege of Puebla.  With the end of the war in 1848, Hays elected to resign his commission and returned to Pennsylvania.  After working in the iron industry for two years, he traveled west to California in the hopes of making his fortune in the gold rush.  This proved unsuccessful and he soon returned to western Pennsylvania where he found work as an engineer for local railroads.  In 1854, Hays moved to Pittsburgh to commence employment as a civil engineer.   The Civil War Begins With the beginning of the Civil War in April 1861, Hays applied to return to the US Army.  Commissioned as a captain in the 16th US Infantry, he left this unit in October to become colonel of the 63rd Pennsylvania Infantry.  Joining Major General George B. McClellans Army of the Potomac, Hays regiment traveled to the Peninsula the following spring for operations against Richmond.  During the Peninsula Campaign and Seven Days Battles, Hays men were predominantly assigned to Brigadier General John C. Robinsons brigade of Brigadier General Philip Kearnys division in III Corps.  Moving up the Peninsula, Hays took part in the Siege of Yorktown and the fighting at Williamsburg and Seven Pines.  Ã‚  Ã‚  Ã‚   After participating in the Battle of Oak Grove on June 25, Hays men repeatedly saw action during the Seven Days Battles as General Robert E. Lee launched a series of attacks against McClellan.  At the Battle of Glendale on June 30, he earned high praise when he led a bayonet charge to cover the retreat of a Union artillery battery.  In action again the next day, Hays helped repel Confederate attacks at the Battle of Malvern Hill.  With the end of the campaign a short time later, he departed for a month of sick leave due to partial blindness and paralysis of his left arm caused by combat service. Ascent to Division Command With the failure of the campaign on the Peninsula, III Corps moved north to join Major General John Popes Army of Virginia.  As part of this force, Hays returned to action in late August at the Second Battle of Manassas.  On August 29, his regiment spearheaded an assault by Kearnys division on Major General Thomas Stonewell Jacksons lines.  In the fighting, Hays received a severe wound in his leg.  Taken from the field, he received a promotion to brigadier general on September 29.  Recovering from his wound, Hays resumed active duty in early 1863.  Leading a brigade in the Washington, DC defenses, he remained there until late spring when his brigade was assigned to Major General William Frenchs 3rd Division of the Army of the Potomacs II Corps.  On June 28, French was transferred to another assignment, and Hays, as the senior brigade commander, took command of the division. Serving under his old friend Hancock, Hays division arrived at the Battle of Gettysburg late on July 1 and assumed a position towards the northern end of Cemetery Ridge.  Largely inactive on July 2, it played a key role in repelling Picketts Charge the next day.  Shattering the left side of the enemy assault, Hays also pushed part of his command out to flank the Confederates.  In the course of the fighting, he lost two horses but remained uninjured.  As the enemy retreated, Hays flamboyantly seized a captured Confederate battle flag and rode before his lines dragging it in the dirt.  Following the Union victory, he retained command of the division and led it during the Bristoe and Mine Run Campaigns that fall.   Final Campaigns In early February, Hays division took part in the abortive Battle of Mortons Ford which saw it sustain over 250 casualties.  Following the engagement, members of the 14th Connecticut Infantry, which had sustained the bulk of the losses, accused Hays of being drunk during the fighting.  Though no evidence to this was produced or immediate action taken, when the Army of the Potomac was reorganized by Grant in March, Hays was reduced to brigade command.  Though unhappy with this change in circumstances, he accepted it as it permitted him to serve under his friend Major General David Birney.   When Grant commenced his Overland Campaign in early May, Hays immediately saw action at the Battle of the Wilderness.  In the fighting on May 5, Hays led his brigade forward and was killed by the Confederate bullet to the head.  When informed of his friends death, Grant commented, He was a noble man and a gallant officer.  I am not surprised that he met his death at the head of his troops.  He was a man that would never follow, but would always lead in battle.† Hays remains were returned to Pittsburgh where they were interred in the citys Allegheny Cemetery.

Wednesday, May 6, 2020

Literary Criticism Of Oscar Wilde s The Canterville Ghost...

Analysis of characters, plot and literary criticism of Oscar Wilde’s Novel â€Å"The Canterville Ghost† and â€Å"The Picture of Dorian Gray† Oscar Wilde was an Irish playwright, novelist, poet, and critic. He is viewed as one of the best dramatists of the Victorian Era. Besides literary accomplishments, he is also famous, or perhaps or notorious, for his intelligence, showiness, and affairs with men. He was tried and imprisoned for his homosexual relationship (then considered a crime). In the wake of writing in various structures all through the 1880s, he found the opportunity to be one of London s most acclaimed dramatists in the mid-1890s. Wilde was aptitude in the genre of drama, short story, criticism, dialogue and journalism. He has also written many poems in his lifetime. Oscar Wilde is also known for his many novels and poetic masterpieces. Oscar Wilde is best known for the novel â€Å"The Picture of Dorian Gray†, the play â€Å"The Importance of Being Earnest† and a novel â€Å"The Canterville Ghost†. â€Å"The Canterville Ghost† is Wilde’s one of the best novel. This novel is unlike any other novel. In this novel, Oscar Wilde tries to create a new genre that is the fusion of horror and comedy in the storyline. â€Å"The Canterville ghost† is a short story about the haunted mansion with a ghost. The novel begins with a warning to Otis Family, who wants to move into Canterville Chase. Mr. Otis ignores the warning and moves with his family into the mansion anyways. Mrs. OtisShow MoreRelatedLiterary Analysis Of Oscar Wilde s Work Essay1786 Words   |  8 Pages Literary Analysis of Oscar Wilde’s work. Oscar Wilde was an Irish playwright, novelist, poet, and critic. He is viewed as one of the best dramatists of the Victorian Era. Besides literary accomplishments, he is also famous, or perhaps infamous, for his intelligence, showiness, and affairs with men. He was tried and imprisoned for his homosexual relationship (then considered a crime). In the wake of writing in various structures all through the 1880s, he

Tuesday, May 5, 2020

General Purpose Financial Reporting - Free Samples to Students

Question: Discuss about the General Purpose Financial Reporting. Answer: Introduction A large company has a large number of stakeholders who are interested in the financial information of the affairs of the company. The shareholders are owners of the company and can be thousands of lakhs in numbers for any big company. Now it will be practically impossible for the company to provide a copy of financial information of the company to each and every shareholder of the company. Thus the financial statement is made available on the internet and various other public sources. The various another stakeholder of the organization that is interested in the financial information of the company is loan providers, creditors, and investors which want to know the financial position of the company for purpose of their various needs. The financial reporting requirement does not bind the company to present every business activities of the company. The company has to give the financial data of the company which will be helpful in predicting the future of the company. Any financial inform ation that reflects change in the assets and liabilities of the company or the future existence for the company should be considered as material and reflected separately in the financial statements(Walker, 2013). Objective of general purpose financial reporting and characteristic of financial information as per CF The qualitative characteristics help in differentiating the material aspect of the financial information with the non-material aspect. It helps in identifying that which financial data is important for the users of the financial information of the company so that that should be presented in the financial reporting requirement of the Useful financial information. The qualitative aspect applies to the general purpose financial statements well as financial information presented otherwise. The various characteristics of the financial information which determines the qualitative characteristic of the financial statements are as follows : Materiality: The materiality of financial information means that its capacity to influence the decision of the user of the financial statement. Relevance: the financial information presented should be related to the need of the users of the financial statements. It should not contain information that is not relevant to the users of financial information and making financial statement unnecessary long. Comparability: the information provided in the financial statements should be in the generally accepted format so that it can be compared with the financial information of other companies. Faithful representation: the financial information should be presented with integrity and should not contain fake data which can mislead the users. Ansell Limited is a healthcare company that provides healthcare service and manufacture and sells high-quality products for protection of human beings at the workplace. Ansell Limited mainly deals in providing protection equipment for the industrial workers from the accidents that can happen at the workplace while working. Ansell Limited also conduct time to time awareness programs for educating dentists, physicians, and nurses from in different hospitals. These programs are conducted to enhance the capability of these professionals and to aware them about the various new challenges that are emerging from time to time. The criteria of the disclosure requirements for PPE are defined in the AASB 116. It requires the company to disclose the information about the Property, Plant, and Equipment. The various information that is required to be disclosed as per AASB 116 is as follows : The depreciation method used. The base for measuring the gross amount of the asset. Useful lives of the asset. The gross value of the asset and the accumulated depreciation of the asset. Reconciliation of the gross value of the asset from the beginning of the period till the end. In the annual report of the Ansell Limited for the years ending 2016, all the requirements of AASB 116 have been met by the finance departments while preparing the financial statement of the company. The useful life of the assets of different blocks has been separately mentioned in the financial statement. The depreciation method used by the company is the straight-line method. The gross carrying amount is calculated by deducting the accumulated depreciation and adjusting any impairment loss or gain from the cost of the asset at the time of purchasing the plant or Equipment. the cost incurred afterward are either included in the assets or mentioned as separate assets and then depreciated accordingly. The depreciation is charged to the useful life of the asset as per straight-line method(Ansell, 2016). The extent to which the company has meet the regulation of PPE and recommendation of improvement As per the findings mentioned in the Answer B, the Ansell Limited has met the criteria of the AASB 116 reporting requirements. The discloser that is mentioned in the AASB 116 that is required to be disclosed by the company has been reported by the Ansell Limited. The method adopted for Calculation of depreciation and the method used to determine the carrying amount of the asset have been laid down in the annual report of the Ansell Limited(Deloitte, 2010). The Fundamental Qualitative Characteristics of the Financial reporting states that the financial statement of the company should be presented with full integrity and the financial data should be relevant to the users of the financial statement. Ansell Limited has stated the information of the assets in the Annual Report of 2016 as per the Disclosures laid down in the AASB 116. The Annual report of the Ansell Limited given all the relevant calculation and financial information with full integrity. The material aspect of the company has been shown in details in notes to account for the Financial Statements. The materiality concept of the fundamental Qualitative Characteristic of the general purpose financial statement is incepted into the AASB 116. Fixed assets of the company are a very important element of the organization and can seriously affect the decision of the users of the financial statement. False information of the assets can show the different financial position of the company(Accounting, 2014). The enhancing Qualitative characteristic states that the comparability of the financial information of the company should be made easily with the financial information of the other companies. The financial statement of Ansell Limited is prepared and presented in the general format which is used by the other companies listed on the ASX. This format will make it easy for the users of the financial statement of the Ansell Limited to compare the Data with other companies. The data Ansell limited can be compared with the previous year data as the Annual report contain data of previous as well as the present year. The disclosure on the Property, Plant and Equipment that are laid down by AASB 116 provide detail reporting of the financial information about the asset of the company. Assets are an important part of any organization and help in identifying the financial position of the company by various users of the financial statement. The AASB 116 complies fully with the objective of the general purpose financial reporting. As the object behind the general purpose financial reporting is to provide the users of the financial information about the financial position of the company and its affairs. The AASB 116 provides complete information about the assets of the company in the general purpose financial statement. The useful life of the asset over which the depreciation is to be apportioned (Bradbury, 2008). Conclusion The conclusion from the above discussion can be made that the AASB 116 (Property, Plant and Equipment) provide complete information of the plant, property etc to the users of the financial statement. The basic objective of the general purpose financial statement is to give true and relevant information to the users of the financial statement. Therefore it can be assumed that the basic objective of the financial statement is achieved by the AASB in the field of assets reporting of the company. For the further improvement of the AASB 116 with the scope of the objective of the general purpose financial statement, the block of assets of the company should be showing the list of the assets that are covered in the block. The change in method of depreciation should be reported and the effect of such change in the method on the financial statement should be reported by the company. Bibliography Accounting, A. (2014). Property, Plant and Equipment. Retrieved September 18, 2017, from Compiled AASB Standard AASB 116: https://www.aasb.gov.au/admin/file/content105/c9/AASB116_07-04_COMPjun14_07-14.pdf Ansell. (2016). Annual Report 2016. Retrieved September 18, 2017, from Ansell: https://www.ansell.com/-/media/Corporate/MainWebsite/About/Investor-Center/Annual-Report-2016/Annual-Report-to-Shareholders-2016.ashx?la=en Deloitte. (2010). Conceptual Framework for Financial Reporting 2010. Retrieved September 18, 2017, from Deloitte: https://www.iasplus.com/en/standards/other/framework Walker, R. G. (2013). Objectives of Financial Reporting. Retrieved September 18, 2017, from Wiley Online Library: https://onlinelibrary.wiley.com/doi/10.1111/j.1467-6281.2003.00137.x/full Bradbury, M.E., (2008). Fifty?seven Curious Defects in Haswell and Langfield?Smith (2008): A Comment.Australian Accounting Review,18(4), pp.287-293.

Monday, April 13, 2020

Ethical Leader Characteristics

In spite of the widespread study that focuses on leadership, the issue of ethical leadership continues to be challenged with inconsistencies, paradoxes, and contradictions. Desire to have ethical leaders has led to numerous changes in leadership styles. One of the recent leadership styles is transformative leadership.Advertising We will write a custom essay sample on Ethical Leader Characteristics specifically for you for only $16.05 $11/page Learn More Caldwell et al., posit, â€Å"One benefit of becoming a transformative leader is that greater trust will be developed between the leader and their followers† (2012, p. 176). Indeed, â€Å"†¦leadership is more about the followers than it is about the leader† (Bennis Caldwell et al. 2012, p. 176). Without followers, there can be no leader. An individual becomes a leader if he or she has a group of people that he mobilizes to pursue a mutual objective. Bennis and Nanus allege, â€Å"To me rit the trust of organizational stakeholders, the leaders of tomorrow’s organization must raise their standards, demonstrate their character and meet the expectations of a cynical but increasingly complex world† (2007, p. 123). Bennis and Nanus posit that for a leader to succeed one ought to entrust cohorts with activities, transform the cohorts into leaders, and transform the leaders into instruments of change. The sentiment proves that for a leader to succeed, he or she has to depend on his followers. A leader can hardly succeed in achieving organizational goals without drawing the followers close. The role of a leader is to oversee organizational operations and give advice on areas that require changes. Consequently, a leader has to rely on followers for all organizational activities. Caldwell et al. (2012) formulated a â€Å"transformative leader† model that leads to ethical leadership by emphasizing on the importance of ethical practices like charisma, humil ity, values, principles, and servant leadership as some of the tenets of a transformative leader. According to Caldwell et al. (2012), a transformative leader is a servant leader. The leader ought to devote his or her attention to the interests of his or her subjects. Caring about others is one of the organizational ethics. Charisma refers to the ability of a leader to inspire others. By emphasizing on charisma in their â€Å"transformative leader† model, Caldwell et al. implies that a leader ought to establish a cordial relationship with followers. Charismatic leaders back an exceedingly moral purpose. Hence, a leader that meets the model would surely be ethical.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Mayer et al. allege, â€Å"A good ethical leader should first of all be truthful to themselves before they can effectively lead others† (2012, p. 152). Without moral id entity, it would be difficult for a leader to become an ethical example. Moral identity is associated with good behavior like charitable giving. A leader with moral identity treats all the followers with equality and is trustworthy. Conversely, a leader that does not have moral identity exhibits unethical features like dishonesty and greed. Hence, such a leader does not portray ethical behavior and cannot be an ethical example to cohorts. Employees learn through observing their leaders. Hence, majority of the employees borrow their behaviors from their leaders (Mayer et al. 2012). A leader without moral identity would lead to employees becoming corrupt. Such a leader lacks self-regulatory mechanisms, which promote ethical behaviors. Consequently, he portrays unethical behaviors, which he or she transfers to cohorts. For leaders to promote ethical behavior in organizations, they need to appreciate all the followers that behave in an ethical manner and reprimand, or even punish those that behave unethically. Punishing followers that behave unethically would go a long way towards promoting ethical behavior in an organization. Rewarding employees that behave ethically would not have a significant impact in promoting ethical behavior (Fielder 1986). For instance, some followers could be using their unethical behavior to enrich themselves at the expense of the organization. In such an instance, rewarding followers that behave ethically would not deter the unethical followers from pursuing their immoral activities. Nevertheless, punishing such employees by dismissing them, imposing enormous financial penalty, or withholding their salaries would compel them to change their behavior. Majority of the employees struggles to get jobs (Fielder 1986). After getting the job, they settle down and forget the challenges they faced when looking for a job. Eventually, they cease to appreciate their employment and engage in activities that are detrimental to an organization. The b est way to prevent such cases happening in an organization is to impose severe punishment on employees or cohorts that behave unethically. This would discourage the employees from engaging in unethical behavior.Advertising We will write a custom essay sample on Ethical Leader Characteristics specifically for you for only $16.05 $11/page Learn More While this may sound plausible theoretically, it does not manifest itself in most cases. Even though some followers refrain from unethical behavior due to fear of losing jobs, those that benefit from the behavior hardly abandons it despite the threat of facing severe punishment. In most cases, such threats only intensify their behavior as they try to reap enough before facing the punishment or losing their jobs. In other cases, such followers change their ways of propagating unethical behavior to avoid being noticed by their leaders. Hence, the organization continues incurring mysterious loses that it cannot b lame on a particular follower. There is a strong relationship between transformative leadership and trait theories of leadership. Trait theories focus on personal characteristics like personality, decisiveness, cooperativeness, and persistence (Derue et al. 2011). A leader with these features is likely to be successful. On the other hand, a transformative leader uses his or her traits to influence others. For instance, the leader applies his or her decisiveness to win trust from cohorts. A decisive leader makes followers believe in goals they are pursuing, thus, dedicating their energy to the goals. Similarly, individual’s personality determines if one gains support from their followers. Furthermore, transformative leadership is associated with the contingency theory of leadership effectiveness. The theory suggests, â€Å"Leadership effectiveness depends on the interaction of two factors: the leader’s task or relations motivation and aspects of the situation† (F ielder 1986, p. 34). Relations motivation is determined using coworkers that a leader prefers least. If the coworkers score high, it implies that the leader has managed to transform the workers into embracing organizational goals. On the other hand, if they score low, it means that the leader has not transformed the workers. In other words, employee commitment depends on the level of transformation a leader instills in them. The concept of moral identity discussed in â€Å"transformative leader† model devised by Mayer et al. (2012) aligns with trait theories of leadership. Trait theories of leadership focus on personal aspects like personality, judgment, sociability, decisiveness, and socioeconomic background. These aspects influence how a leader behaves. For instance, one’s judgment and personality are what determine if a leader becomes compassionate, caring, and honest. On the other hand, moral identity is what makes leaders exhibit certain traits. Hence, moral ident ity leads to either ethical or unethical traits.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Reference List Bennis, W Nanus, B 2007, Leaders: Strategies for taking charge (2nd ed.), Harper-Collins, New York. Caldwell, C, Dixon, R, Floyd, L, Chaudoin, J, Post, J Cheokas, G 2012, ‘Transformative Leadership: Achieving Unparalleled Excellence’, Journal of Business Ethics, vol. 109 no. 2, pp. 175–187. Derue, D, Nahrgang, J, Wellman, N Humphrey, S 2011, ‘Trait and behavioral theories of leadership: integration and meta-analytic test of their relative validity’, Personnel Psychology, vol.64 no. 1, pp. 7-52. Fielder, F 1986, ‘The contribution of cognitive resources to leadership performance’,  Journal of Applied Social Psychology, vol. 16 no. 1, pp. 532–545. Mayer, D, Aquino, K, Greenbaum, R Kuenzi, M 2012, ‘Who Displays Ethical Leadership, and Why does it Matter? An Examination of Antecedents and Consequences of Ethical Leadership’, Academy of Management Journal, vol. 55 no. 1, pp. 151–171. This essay on Ethical Leader Characteristics was written and submitted by user Cailyn Cruz to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Wednesday, March 11, 2020

Mcdonalds marketing plan Essays

Mcdonalds marketing plan Essays Mcdonalds marketing plan Essay Mcdonalds marketing plan Essay McDonalds will continue to increase its annual revenue and stock prices over the next five years. The purpose of this report is to show my working knowledge of the 4 As of marketing. Please evaluate this report and prepare for discussion on Wednesday. Product The corporate strategy for McDonalds product is a threefold approach using strategic flexibility. The three components are permanent, temporary, and local product. Each layer of the product strategy fulfills a distinct purpose. The main purpose of the permanent items is to ensure that there is always something familiar or consumers on the menu (1). The temporary products function as a development strategy to give customers a new experience and to experiment with products that may become permanent (1). As McDonalds expands internationally, the local products have been created to meet consumer demands in particular markets (1). The way that McDonalds implements its business level strategy is through product differentiation, such as the companys response to criticism and the publics of popular menu items, such as the Egg White Delight McMullen, which succeeds in cutting fat and calorie count (2). On a functional level, products such as the Microbial Tagging, available across Morocco, serve to support the strategic flexibility of McDonalds corporate strategy. When you walk into a McDonalds no matter where you are in the world the restaurant should connect to the local culture, said company representative Leslie Rose. So when you look at our menus Youll find food that reflects local taste preferences (3). Price The corporate pricing strategy for McDonalds is based on low price/high volume. Effective pricing is a main component but the company also realizes the importance f value- people enjoy McDonalds food which is a big part of repeat business. The best pricing in the world will not sell a product if the consumer does not perceive value in what they are purchasing (4). This strategy is implemented on the business level by the McDonalds Value Menu. The items on the Value Menu often serve as loss leaders in order to sell other products which are profitable (4). On a functional level, prices are contingent on competitors, such as Wendy. Wends has started advertising its lower-priced items more aggressively this year and came out with a ewe value menu (5). This has resulted in expansion of the popular dollar menu and continued efforts to compete with the offerings from other chains, such as the creation of the McDonalds dollar breakfast menu (6). A McDonalds spokesman, Bill Whitman, said the menu isnt aimed at repelling rivals, but several of McDonalds test sites are the same markets where Wends is entering into the breakfast business (6). Place The corporate strategy for McDonalds concerning place is a push and pull strategy. The major focus is on push- that is, opening restaurants all over the U. S. , both in ties and on highways as well as expanding internationally. This strategy has been so successful at discovery and exploitation of new business opportunities that the McDonalds business model has become the norm for other franchise organizations (7). The business level strategy can be seen in the expansion of McDonalds across China. McDonalds should open an outlet a day in China as it challenges Yum! Brand for dominance in Saiss economy (8). We should be opening a restaurant every day in the next three to four years in China, said Peter Iredell, company president for Asia. On a functional level, the company is also branching out to the internet. Americans will soon be able to order and pay from their mobile phones as McDonalds is currently testing a mobile payment application (7). McDonalds is hoping to capitalize on this new market as they develop this technology to ignite growth at a time when many Americans are eating out less (7). McDonalds vies to be successful by using a place strategy of adaptation and innovation, coming up with fresh products and services to address the needs of a diverse consumer market?as shaped by demographic, economic and local factors around the world (7). Promotion Strategy The corporate strategy for McDonalds for promotions is summed up in one word: saturation. McDonalds again utilizes a push strategy by using a variety of mediums for promotions: logos, billboards, mascots, packaging, and mass media. Mascots are used to promote good will for the company and their appearance also cause an the restaurants have begun promoting healthy menu items. This was likely sparked by the government requirements that restaurants such as McDonalds make public the nutritional facts of their food (4). Turning this into a positive, they have added healthy items to the menu and emphasized them both in an effort to appeal to a new market segment. This also downplays the less than positive nutritional facts of many of their traditional menu offerings (4). On a functional level, this promotion strategy functions through the use of temporary menu items, such as the Mighty Wings, which will be available only during football season (10). This expands upon the partnership between the NFG and McDonalds by using the NFG to promote the Mighty Wings (10). The traditional McDonalds customers eating habits may have changed, but the menu has also changed to accommodate them. This is marketing that evolves in relation to the changing needs of loyal customers (4). This adaptability combined with using traditional print media, characters, and product placement, allows McDonalds to implement its saturation promotion strategy. Threats One of the threats to McDonalds growth in the future is the creation and growth of fast food workers unions, which call for increases in benefits and minimum wage. If these demands are met, the company may have to reduce its staff to accommodate the larger wages (11). The Service Employees International Union in 2013 has helped establish a new union in at least six cities where the union and community advocacy groups have been organizing fast-food strikes (11). McDonalds will also have to continue to implement strategies within product, price, place, and promotion in response to the challenges brought by its competitors in the fast food market. Opportunities Opportunities for McDonalds in the future include: the continued expansion of the companys current product line, such as the Mighty Wings, to attract customers and the continued expansion of the popular dollar menu to compete with the offerings from other chains (6). Also, the expansion into new markets such as China and mobile applications should allow for continued growth. Responding to criticism and the publics increasing desire for healthier items by continuing to develop healthy versions of popular menu items, such the Egg White Delight McMullen. Another opportunity is the continuation of efforts to capitalize on promotions that have been successful for competitors, such as offering coupons to consumers to entice them to try new menu items. Prognosis The overall fiscal health of McDonalds over the past 1 5 years has followed a fairly insistent trend with revenue continuing to rise each year. The exception was from 2008 to 2009, where overall revenue decreased by 1. 7 percent (12). From 2009 to 2012, revenue has again continued to increase each year (13). Stock prices from the NYSE have followed the same trend of increasing during this period, from 64. 75 in 2009 to 102. 22 in 2012 (13). McDonalds also occupies the status as the largest single major player in terms of market share among fast food companies as outlined below (12). The overall trend that can be expected that using and expanding upon its product, annual revenue and stock prices over the next five years. Conclusion McDonalds will have to find a solution to the problem raised by fast food workers unions and strikes, but this may not be detrimental to growth. The company says it has not felt an impact from the strikes (11). With the high turnover rates of this type of employee, many have concluded that these unions will not be successful (11). The three-fold approach of McDonalds to product strategy ensures that there something familiar, provides avenues for new experiences, and creates room for local products. The price strategy focus on low price/high volume emphasizes both effective pricing and perceived value. A combination of adaptation and innovation, the push place strategy focuses on opening new franchises in the U. S. And abroad. By entering emerging markets and creating new technology, McDonalds can continue to expand. McDonalds saturation approach in its promotion strategy allows the company to remain both visible and able to respond to changing consumer tastes. If McDonalds continues to implement and expand upon its current corporate strategies then continued growth of revenue and market share can be expected.

Sunday, February 23, 2020

Events Marketing Management Assignment Example | Topics and Well Written Essays - 3750 words

Events Marketing Management - Assignment Example The main purpose of this paper is to write a Marketing Plan and Plan Report for a launch event of a new Master programme in Events Marketing Management. The event shall take place on London Metropolitan University premises in June 2006. The underlying assumption is that there will be launch of the programme in June 2006, and the main goal of promotion marketing plan is to make positive public opinion and awareness towards Programme launch by this date. The London Metropolitan University needs to implement an integrated marketing plan to achieve a level of 100% enrolment at the Course during its first year, in order to do this it need to strategically categorise the potential students into various segmented areas. Consideration also needs to be given to the large number of students who have not decided on whether they want to join the Course. The plan advises what methods need to be used along will how they need to be implemented to obtain the overall objectives of the plan. The theoretical part or this paper will analyse the plan written in terms of academic marketing theory. Following are the key terms and concepts explained; they could be found over marketing plan in order of appearance. The main distinction of this marketing plan is in its core objective - promotion and marketing of new Master's programme. Since it is not a tangible product or service, some characteristic points will be considered further. Context Analysis determines the overall strategic direction, it must be a "comprehensive and through analysis of the background situation"1, therefore consideration must be given to the market, customer, company (internal) and general environment (external) contexts. 2 It examines the 'marketplace and the company's preferred overall approach to achieving its objectives in the light of market conditions and competitor behaviour"3. . Promotional Objectives These are specific 'goals' that need to be achieved during the timescale of the overall plan. It is important that these 'goals' are clearly understood and accepted by everybody involved. All of these 'goals' need to be measurable in order for the organisation to establish whether they have achieved the overall goal. The 'SMART' objectives are a set of guidelines to assist in measuring goals.4 (Appendix 1) Corporate Objectives The corporate objective is normally included within the mission -statement and normally stems from the purpose of the organisation. Marketing Objectives "Marketing communication objectives are specific communications tasks to be achieved among a defined audience to a defined extent and within a specific time frame" Communication Objectives should "Enhance the image or reputation of a product or where promotional efforts are seen as a