Effect of IT on Organizations Effectiveness Free Essay Example, 8250 words

Business- Wal-Mart's core competency is having the lowest prices in the discount retail industry. Sam Walton found his niche by locating Wal-Mart stores in rural towns then growing into suburban areas where there is a demand for discounted retail items. Wal-Mart uses a cost leadership strategy against its competitors. (DeRuyter, K., Wetzels, M., Kleijnen, M. (2001, 190) Corporate - Wal-Mart has taken action in continuing to take a growth strategy in building new stores throughout the United States and also building and acquiring stores throughout International markets. Policies - Makes things available to the customers at a value. Team oriented associates, providing treatment to one another other and the buyers as they want to be treated. (Walmart Website, 2008) Wal-Mart is known for promoting people from the inside. It is evident here with top managers. (Shneiderman, 2005, 65) Most of the top managers with Wal-Mart have been with the company several years prior to the positions th ey are in right now or they have had experience with their particular position. The bottom line is that Wal-Mart does hire internally for positions all the way up to top management. We will write a custom essay sample on Effect of IT on Organizations Effectiveness or any topic specifically for you Only $17.96 $11.86/pageorder now There are negative economic situations that Wal-Mart is currently facing. There is the rising cost of energy which is affecting the prices of gasoline and electricity. These added costs have led to increased transportation costs of goods from distribution warehouses to the stores not only in the United States but in the foreign markets as well. (Stephens, 2007, 287) Another situation is that the increase of consumer debt and unemployment decrease discretionary income leaving less total products purchased. (Kanter, 2006, 97) With regards to the International markets, there are currency fluctuations in those foreign countries and the fall of the value of the U. S. Dollar which impacts the transfer of American products to those stores. Along with that, there also continuous changes with tariff rates and costs of freight. Wal-Mart is also facing trade restrictions trading with countries outside of NAFTA.

The Broken Contract Inequality And American Decline

Analysis â€Å"The Broken Contract: Inequality and American Decline† by George Packer explores the ideas of how different inequalities create an unwritten contract, the rise of organized money, and the mocking the American promise. Packer discusses how these inequalities will continue to weaken American democracy unless something is done to fix the problem. Analysing this specific topic is important because it is of current interest in today’s time; these are issues we are facing as a country presently. A constantly asked question in society today is â€Å"What would happen if certain individuals did not face inequalities?† This essay will further analyze the ideas of discrimination and inequality and what our country would be like if we did not†¦show more content†¦He explains that the elites believe they have actual responsibilities within our community. Packer describes that society in the postwar years look better compared to how society is today. â€Å"The Rise of Organized Money† is an inequality that has created many things since a certain social adjustment: youth rebellion, revolution, economic deflation, and the oil shock. These creations alarmed the country’s business leaders and turned their alarm into action. Packer explains the the rise of organized money created an enormous transfer of wealth to the richest Americans. It has also created an immense divide between the economic and social classes, specifically between the rich and the middle class. However, Packer explains that getting rid of the elites would not necessarily empower ordinary people. â€Å"Mocking of the American Promise† is the main inequality that dominates the others. Packer describes this mocking as a force that â€Å"pervades every corner of the United States and saps the strength of the country’s democracy,† (p. 60). The author goes on to explain that it is almost impossible to find the source of the mocking to turn it off. For many years, many governmental influences have denied the existence of this force, but over the past couple of years, the evidence of its existence became overbearing. The main factor of its origins has been â€Å"tax rates, spending choices, labor laws, regulations, and campaign finance rules,† (Packer,Show MoreRelatedChile : An Engine Of Global Growth1471 Words   |  6 Pageseconomic performance during the 1982 Crisis and The Asian Financial Crisis from 1997-1998. Chile has a current population of 18,034,692 with a male population of 49.4% and a female population of 50.6% (The World Bank, 2015). The Ethnic groups are broken down by white and non-indigenous 88.9%, Mapuche 9.1%, Aymara 0.7%, other indigenous groups 1%. In recent years, Chile has become an aging society, with life expectancy on par with other developing countries (The World Bank 2015). Going forward ChileRead MoreLabor Unions And The Civil War Essay1409 Words   |  6 Pagesprotest, but both strikes were broken up by the government. The Federation of Organized Trades and Labor Unions was formed in 1881, and the American Federation of Labor was founded five years later. The United States Congress became more sympathetic toward the labor force as time passed, which led to the creation of the Department of Labor. The Clayton Antitrust Act of 1914 allowed employees to strike and boycott their employers and was followed by the Public Contract and the Fair Labor Standards ActsRead Mor eAnalysis Of The City Zoning And Population Migration1707 Words   |  7 Pagesthe structures was compromised early on. As such, the towers were in disarray within ten years of being built. As the buildings deteriorated, more African Americans moved in, leading to a slow migration of White Americans into neighboring urban and suburban areas. Eventually Cabrini Green had a 99 percent population of unemployed African Americans. With little money budgeted by the city for maintenance, crime exploded. In the spring of 1981, a wave of shootings and homicides in the housing projectRead More The Decline of the American Dream Essay4488 Words   |  18 Pageseconomic recession in 2007 and 2008. Over the course of the month, the movement protesting the miscarriage of justice and democracy following the economic catastrophe and the overall inequitable and unfair wealth distribution diffused to over 100 American cities as well as 1,500 cities worldwide. The revolutionary movement was named Oc cupy Wall Street and through occupying and protesting the symbolic location of the financial elite, Wall Street, the crusade aimed to â€Å"[revolt] against the corrosiveRead MoreThe Eighteenth Century : Age Of Enlightenment2647 Words   |  11 Pagesconflict between competitive things? -Was this debate brought up to figure out how to help people with their economy? -Laissez faire had to have restrictions in order to maintain order? Later Enlightenment: Rousseau and the Social Contract: -Did romanticism focus on how human emotion aids or depreciates the value of reason and rational thought? Woman’s Question in Enlightenment: -How did men respond to women’s roles in thinking and creating ideas? Social Environment ofRead MoreProblems in America Education3409 Words   |  14 Pagessociety. This current crisis is America’s failing education system. The United States has fallen behind many other developed nations when it comes to the quality of our children’s education. A good, strong education had been a crucial part of the American dream, so then why is that this problem is being ignored and allowed to continually worsen? School districts across the county are dealing with problems like lack of funding, low teacher salary, teachers unions, increasing class sizes, and failingRead MoreThe Prison System Needs Reform7898 Words   |  32 Pages(The Holy Bible; King James Version, 1990).† is the hallmark of the retributive approach to justice. Retribution is reliant on two premises: that citizens willingly enter a societal contract forfeiting a small amount of their freedom in exchange for protection from the state, and that if that societal contract is bro ken by someone, then the state has the authority to punish, and that the punishment imposed by the state essentially corrects the wrong committed by the individual. †¢ Rehabilitation: EmployingRead MoreThe French Revolution And The Reign Of Terror2165 Words   |  9 Pagesbelonged to the noble family, and the monarchy are people in the throne (King and Queen). Therefore the conflict between the head of the monarch and the nobility was about taxation. The French government was in a deep debt after fighting a war with the American, their king Louis the XVI forced the noble and the clergy to pay tax in order for them to pay their dept. As a result the nobility revolted. During the French revolution political, social and economic conflict is the events leading up to overthrowRead More Bob Dylan Essay3671 Words   |  15 Pageswhen he wrote them in the midst of then President Lyndon Johnsons controversial deployment of American troops to Vietnam. The audience that evening wasnt watching some fly-by-night hipster playing senseless fluff. They were caste in the shadow of the most prophetic musical figure of the last fifty years. A man whose inn er fire forged a new musical frontier and shaped an entire generation of American youth. Background The man affectionately known as Bob Dylan to millions of fans worldwideRead MoreCultural Anthropology6441 Words   |  26 Pagesin the language, ESL, learn to think in a language, understand, speak.† Critical Discourse Analysis: Focus is on the relations of power and inequality in language. * Gender Codes, (AAE = African American English) Black African American urbanized language: Is it BAD language or a DIFFERENT type of language. Linguistic supporters: African American language is a language in its own right. Gender Codes: Key differences in words, intonation (stress or syllables), meaning and grammar - Conversational

Kennedy Kesidi Richard

Question: How to prepare a curriculum Vitae? Explain. Answer: Kennedy Kesidi Richard E.Mail: Citizenship: United Kingdom Age: Objective Overview I am seeking a position to utilize my skills and abilities in the industry that offers professional growth while being resourceful, innovative and flexible. Personal Profile An enthusiastic, hardworking and energetic professional who has a consistent and successful track record of achieving high returns for clients. Possessing extensive knowledge of the global market and exploring a wide variety of industries and sectors. Employing evidence based approach for the accomplishment of project and prudent in assisting senior managers and analysts to deal with situations proficiently. Education and Certificate Mediterranean Insurance Training Centre Diploma in applied insurance Year: April to July (1994) University of Plymouth (United Kingdom) Priscilla Memorial Grammar School Oguta (IMO State) Year: 1979- 1985 Greenwich community college Honors and Awards Level 1 National award in customer care Year: 2006/2007 NEBOSH ENVIRONMENTAL CERTIFICATE Year: 2016 Related Work Experience 1. Working experience at National Electric Power Authority Year: 1985- 1989 Place: Nigeria Designation: Senior Admin Officer My skills and expertise includes: Skills to engage with the community and negotiate with the public bodies Ability to demonstrate strong community focus Proficient to communicate with the staff, councilors, and the general public in a pleasant and effective manner Ability to supervise and mediate with the staff 2. Working experience at Tropicana Hotel and Leisure Center Year: 1994-1999 Designation: Event Manager . Working experience at Raco Int. United Kingdom Year: 2007-2012 Designation: Sales Manager My skills and expertise in the field of Event Manager: Meticulous attention to detail and perfectionist for quality Excellent communication skills with the influence power Ability to anticipate the clients need serve them beyond the expectations. Administrative ability and strong planning skills Business Experience 2. I was the founder and Director of Afro Promotions Malta. I was able to develop and incorporate very special qualities while working for my company. This expertise may appear as the special hierarchy of requirement; however most of them were organizational specific. 3. Presently working as the President and CEO of Kaycee Records The major responsibilities that I deal with being the President and CEO of the said company encompasses extensive expertise , but not limited to. My skills and expertise in the field of Sales Manager: Excellent negotiation and sales skills Prudent business sense The proficiency to motivate and lead a team Skills of coaching and mentoring Enthusiasm and initiative approach Excellent communication and people management skills Stress management skills and ability to work under pressure Personal Interest Listening to Music Conduct extensive researches and explore Tech Savvy Proficient in Corporate Social responsibilities and Environmental activities Excellent team performer References Cameron, P., 2012. Curriculum vitae: Embodied ethics at the seams of intelligibility.Hypatia,27(2), pp.423-439. Chaudhary, A.G.A., 2013. Curriculum Vitae.Cell,1, p.778. Cleary, M., Walter, G. and Jackson, D., 2013. Editorial:Is that for real?: curriculum vitae padding.Journal of clinical nursing,22(17-18), pp.2363-2365. Irving, B.A., 2013. CURRICULUM VITAE/BIBLIOGRAPHY.Cell,507, pp.990-3959.

The real exchange rate and the nominal exchange rate

Introduction The essay is an in-depth examination of two major economic terms; real exchange rate and nominal exchange rate. It is no doubt that these terms are more often than not used in economy. Unfortunately, it does not only confuse non economist but also some of the economics students (O’Sullivan Sheffrin 24).Advertising We will write a custom research paper sample on The real exchange rate and the nominal exchange rate specifically for you for only $16.05 $11/page Learn More The paper thus seeks to clearly distinguish the two terms and succinctly explain the reasons behind real exchange rate being used rather than nominal exchange rates. It is worth mentioning here that exchange rate is of great significance in economics since it expresses a country’s currency quotation as compared to foreign currencies (Munro 41). It helps in specifying how much a currency of one country is worth compared to another. For that matter it is used in c onverting currencies. There are different types of exchange rate; sport, forward, bilateral, pegged real and nominal the last two are the center of discussion. Differences between real exchange rate and nominal exchange rate Nominal exchange rate has been economically defined as the actual foreign exchange quotation which is the opposite of real exchange rate that has been adequately adjusted to cater for changes in the purchasing power of a country currency. Mathematically, nominal exchange rate is considered in terms of prices of domestic currency of a unit of currencies from other foreign countries. It is worth noting that the determinants of nominal exchange rate are; changes in real side of economy, variability in monetary as well as financial attributes usually influenced by what has been termed as cross link market and finally past as well as current values of same financial markets with it independent variability (Smith par. 3). Additionally, nominal exchange rates are broug ht to play in financial markets. In that case they are more less the same as stock exchange market. It is worth noting that the establishment of the rate is done on a continuous quotation. Print media especially newspaper on daily basis report such quotations. There are also cases where the central bank might engage in fixing such type of rate (Sanderson 31).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More On the other hand, real exchange rate has been thought of as a corrected nominal rate probably by considering issues relating to inflation. Strictly speaking, real exchange rate is different from nominal exchange rate as the former factors in issues of goods that are either tradable or non-tradable. With this in mind, when prices go up and other things remain constant, and then real exchange rate appreciates (O’Sullivan Sheffrin 345). Additionally, real exchange rate tell s us more about the differences in prices by weighting trade volumes. Similarly, it shows what a country really gets for one unit of her domestic currency. Reasons why real exchange rate is utilize According to Gillmore par. 5 the major reason for utilizing real exchange rate over nominal exchange rate solemnly lies on the concept that the former is a corrected version of the later. This means that the varying level of inflation rates in various countries as compared to that of a given country is adequately factored in (Sanderson 19). For that reason, this provides the relevant stakeholders with a more specific and informative value of their currency. This is very important considering doing business internationally (Engel 45). Conclusion From the review of the two economic terms, nominal and real exchange rate, there are indeed some distinguishing characteristics such as real exchange rate factors in issue relating to inflation rates while nominal does not. Similarly real exchange rate is utilize rather than nominal exchange rate since it provide individuals and government with informative information concerning the country’s currency strength as it considers inflation rates from different countries. Works Cited Engel, Charles. Exchange rates and prices, 1998. Web.Advertising We will write a custom research paper sample on The real exchange rate and the nominal exchange rate specifically for you for only $16.05 $11/page Learn More Gillmore, David. The costs of inflation, 2008. Web. Munro, Anella. What drives the New Zealand dollar? 2004. Web. O’Sullivan, Arthur Sheffrin, Steven. (2003). Economics: Principles in action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall, 2003. Print. pp. 458. Sanderson, Raymond. Exchange rates and export performance: evidence from the micro data 2009. Web. Smith, Mark. Impact of the exchange rate on export volumes, 2004. Web. This research paper on The real exchange rate and the nominal exchange rate was written and submitted by user Allan Powers 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.