Business resources M2 Essays

Business resources M2 Essays Business resources M2 Essay Business resources M2 Essay It is very important for an organisation like Sainsbury to control its cost so that it can manage it financial resources effectively. The reason Sainsbury needs to controls its cost properly would be that it would end up where it would save money on expenses and increase it revenue. This will help the company increase its profits and this would allow the company to invest money if they required. The reason Sainsbury needs to controls its cost and budget properly is that it would save its money by having the right amount of stock in the shop floor and stock room then the company will have full benefit by selling those stocks and not holding up cash which could be used for other areas of the business. It is very important for an organisation like Sainsbury to control its cost so that it can manage it financial resources effectively. The reason Sainsbury needs to controls its cost properly is that it would save its money by having the right number of staff then Sainsbury would benefit as they would have cash available to pay for other expenses in the business. The reason Sainsbury needs to controls its cost properly is that it doesnt go over the budget which has been set by the company It is very significant for an organisation like Sainsbury to control its debtors properly and effectively then this would mean that the company would get its money owed paid back quickly and this would aid the company by having it money back from it debtors. This would mean that the company would have money available to pay it creditors and purchase stock. It is essential for Sainsbury to control its budget has it helps the business to determine whether they have enough money to fund operations, expand the business and generate profit. It is essential for Sainsbury to control its budget so that it has finances for the period of the budget. The budget will help Sainsbury reach targets and goals. It would also help to create motivation among the teams by having a plan this will help the company improves its overall performance. Most importantly it would help them to monitor and compare the performance against the budget which is the budget variance On the other hand, if Sainsbury do not manage its costs and budget properly and effectively then this would cause the company a decrease in its profits. The company might even end up in a situation where it cant pay for its expenses no more and this would lead the business to shut down. If Sainsbury do not control its cost and budget properly then this would mean that the company would purchase too much stock and the stock be held in the stockroom. This would then mean that the value of the stock would decrease. As a result this would increase the cost of the company expenses. Also this would mean that the company would be wasting money in a non beneficial area so if the company wanted to use the money in another area it wouldnt be able. Then again, if Sainsbury do not manage its costs and budget properly then this would mean that the company would not be collecting the money owed back in time to pay for their expenses and stock. So therefore this would mean that Sainsbury will have to borrow money in order to pay it s creditors and stock. As a result, this means that Sainsbury will have to pay interest in the money which they borrowed and will end up paying more money. If Sainsbury doesnt control its cost and budget properly then it wouldnt manage to assess and evaluate its finances. Also if Sainsbury doesnt manage to control its budget then it would find it difficult to reach its objectives and targets. Furthermore the staff wouldnt feel motivated as they wont have any real and obvious targets to reach. If a Sainsbury doesnt control its cost and budget then it runs the risk of spending more money than it is taking in or, even, not spending enough money to expand the business and compete. The problems which can arise if the costs are left unmonitored are that spending might be more than what is available. It is important for a company like Sainsbury to maximise income and minimise it expense. The other problems which can arise if the costs are left unmonitored are that the amount spend on overheads will be too much and this will decrease the profits which the business makes. In addition to that, the other problems which can arise if the budgets are left unmonitored are the targets may not be achieved so therefore it may be difficult to identify what was the cause. It will be difficult for neither Sainsbury to implement changes if the performances are nor being monitored. If the management are not aware of where the business is going therefore they may not use resources adequately. Furthermore another problem will be that too much stock may bought and this would mean that the stock would be left in the stock room and then when the stock goes out of fashion then the business will have to put discount on the stock. So therefore they will lose money on those clothes. Another problem which can arise is that the company the company may not keep track of they debtors and this means that the debtors are not paying on time. So therefore they might find it difficult to pay it creditors and might even need to borrow some money to purchase stock and the company will make a loss as they would have to pay an interest on the money borrowed.

Cognitive development theory Essay Example | Topics and Well Written Essays - 1000 words

Cognitive development theory - Essay Example There are two perspectives in adult cognitive development. These are contextual and dialectical thinking. Dialectical thinking is shown, by reasoning and discussion, to create a meaning of the complexities and contradictions adults has to deal continually with them. It holds that dialectical sense thinking enables acceptance of alternative ways or truths of thinking on similar phenomena, which, in everyday life, abounds. Dialectical thinking involves a process of logical thought through which adults can take what, on the surface, may seem contradictory positions. Contextual approach shows how cultural, social, political and economic forces play a role in shaping adult thinking development (Dunkel & Sefcek, n.d). This approach argues that the contextual factors may constitute what affects cognitive development of an adult. I carried an interview on a respondent who showed various issues. I asked questions such as what is your name? How old are you? Have you a spouse? Do you have a hou se? Do you have problems paying fees? Do you drink? Do you have children? The respondent was 30 years and was married. He lived in a rented house and claimed that he had not enough income to settle his expenses including rent, electricity bill and payment of school fees. He also confessed that he occasionally did drink. I had to analyze this situation using contextual approach in order to understand my client. My client had issues in learning which were due to the situation he was undergoing. He could not concentrate because his focus shifted from time to time on the problems he was facing. Such a person needs help in learning to concentrate on issues at hand. I advised him to learn to avoid the thoughts about his problems whenever they came as he engaged other activities. While taking a contextual approach one should consider these social, economic, political and cultural factors rather than taking chronological factors as guiding tools for comparison. Contextual approach would arg ue consideration of contextual factors that have influenced behaviors rather than just evaluating behavior on its surface. Contextual approach plays a critical role in understanding issues and life events in a person’s life. Background, including family of origin, school, friends and place where raised determines the thinking pattern of an individual. For instance, an adult may be truant because of influence from peers. Family situation and a person’s age are also contextual factors that determine an individual’s decisions. For example, a married individual would take different courses from that of unmarried one. When a person reaches some age, he or she would like to act in some way according to what applies most to that stage. Consideration of prior and current learning experiences is a factor worth considering. An individual who has undergone formal learning would not act the same way as one who has not. An individual undergoing formal learning at present suc h as a college student will make decisions mostly as per his or her status quo. For instance, a woman would choose not to have children until she finishes her degree education. Similarly, a young adult man might not marry until he has employment in order to get some economic stability. Current life issues also play a role in an individual’s thinking. An individual experiencing adverse social issues may resort to certain behaviors in order to get relieve. For instance, a person can resort to drinking in an attempt to do away with disturbing thoughts. Past life issues and how the individual confronted them also matter in this case. Lifespan Ego Development Erikson’

Ethics statement Essay Example | Topics and Well Written Essays - 500 words

Ethics statement - Essay Example If values of both religions are compared, it can be deduced that human life is sacred in both religions. The best way to care oneself is to follow the divine personal rules. For example, for me, adopting the natural life style would be the best way to serve oneself. In which, waking up in the early morning would be the best service to oneself. In this way, the personal life would be healthy and it would put positive effect on one’s health which is fundamental to successful personal life. This success will also enable the person to perform other duties. Care and respect are two fundamental values that must be demonstrated from the character and behaviour of the person. Through these behaviours, tranquillity and mutual respect will spread among people which will increase the social cohesion in the society. For example, showing respects for elderly is the most important virtue in which a system of social cohesion is promoted. Additionally, if one witnesses an accident in which a person is critically injured, it is his moral responsibility to call the relevant authority and look after the injured until the police or any other rescue team is not arrived. â€Å"Family values are important for us† (Parma, 2009. p. 29).Family norms should always be followed. For example, showing respect to mother and father and caring them in their old age are some of those family duties and responsibilities that must not be compromised under any condition.

Organization Structure Essay Example for Free

Organization Structure Essay Tips: Or you can approach this way: 1. Briefly introduce the various organizational theories. 2. Mention that you will focus analysing two theories, where examples of principle and practice can be found from the case study, for the purpose of this task. Analyse how organizational theory underpins principles and practice of organizing and management. a. Briefly introduce the various organizational theories (Scientific management, classical administration and etc) b. Analyse in details the various organizational theories in terms of its principles and practice. ( Analysis: 1.Explain what they are, 2.describe their characteristics and under what circumstances each of them may be useful and 3.evaluate their strengths and weaknesses) c. Relate these theories, where appropriate and applicable, to the case study. d. Draw a short conclusion Tips: Or you can approach this way: 1. Briefly introduce the various organizational theories. 2. Mention that you will focus analysing two theories, where examples of principle and practice can be found from the case study, for the purpose of this task.1. Draw the organizational structures for both firms You should be able to see the differences of the two organizational structures: Tall and short hierarchical structure, narrow and wide span of management, specialization by geographic or functions or something else. These diagrams serve as the basis for you to do the following compare and contrast. 2. Compare and contrast the differences of organizational structures between the firms Based on the above diagrams, do the compare and contrast. Compare and contrast means you need to find out: * What are the things similar between the two companies? * What are the differences between the two companies? Sample answer for 2 a. Organizational structure Given the diagram, it is clear that both companies have a formal organizational structure. There are however differences between the two companies. First, Boss Ltd is taller than Agar in organizational hierarchy. (Plagarism is a serious offence. This content can be found at http://btechnd.blogpot.com/) This is due to the structure necessarily to support Boss Ltd’s geographical and product divisions that accommodate 400 more staff than Agar Ltd(Plagarism is a serious offence. This content can be found at http://btechnd.blogpot.com) . In contrast, Agar has a layer reporting hierarchy. Its line of command is shorter than that of Boss Ltd. Second, the span of management, in the case of Boss Ltd, is narrower than that of Agar. That being the case, a stronger degree of decentralised decision making is practised in Boss. Agar’s decision making mainly centralized to the CEO himself.

Enzyme :: essays research papers

The plot of enzyme activity Vs. pH is often "bell shaped" since two different amino acid groups of the enzyme are being titrated to different states of ionization at the different pH values. This means that only one of the two possible ionization states of the amino acid side chain is effective in enzyme catalysis - in other words, if an acidic side chain like Glu is involved in catalysis, it probably only works when it is ionized; since Glu side chain carboxylic acid groups have a pK around pH 5, at pH values below this pK, the enzyme will be less active; while at pH values above the pK, the enzyme will be most active. At higher pH values, another group, for example, the amino side chain group in a Lys may control the activity. So at pH values below the pK of the Lys amino side chain, which is about pH 9, the enzyme is active, while at pH values above the Lys side chain pK, the enzyme will be less active. In the end, the pH optimum lies somewhere between the pK values for these two groups that control the enzyme's activity. B. Temperature Optimum Most enzymes have an optimum temperature, which may be related to the type of organism from which the enzyme was isolated. Some organisms like plants grow well near room temperature and so their enzymes are most active at a temperature around 30 to 40Â °C. A general rule of thumb from chemistry is that a reaction's rate approximately doubles with a 10Â °C increase in reaction or assay temperature. However, since enzyme are held together by weak non-covalent bonds, at higher temperatures, the enzyme catalyzed rate slows down rather than increases: Of courese, at low temperatures, all the molecules in the solution slow down and so does the enzyme catalyzed reaction. At high temperatures, the thermal movement of the molecules become to great for the enzyme to hold its shape or conformation and so it begins to denature and lose its activity. Animal enzymes often have temperature optima near 37Â °C (especially human's since this is body temperature). For thermophilic organisms, like ba cteria or blue-green algae which grow well in near boiling hot springs, much higher temperature optima are found; some enzymes even have temperature optima near 90Â °C. In the end, the temperature you use for an enzyme assay may depend on the equipment available to you in the lab.

Ownership

In all, If you have the available finances to cover the start-up costs, Snap Fitness Is a great opportunity to become your own boss. The company has put in place many different Owning a Curves franchise is another fitness business that is relatively inexpensive to start-up. Much the same as Snap Fitness, they offer support from the beginning of the process. Starting with an application, an entrepreneur is provided with support in selecting the best financing options, location selection and promotional activities. The financial requirements are $15-45,000 in liquid capital and a minimum net worth of $75,000.The startup costs are as low as $39,900 and include the franchise ownership, equipment (excluding shipping costs) and training. This particular fitness center has the ability to provide service in small areas helping to keep fixed costs down while being convenient and affordable. Another benefit to this Franchise is the ability to cater to the clientele. Curves is providing fitness activities as well as meal replacement bars, accessories and apparel. There is a multipurpose mix, which provides multiple ways to benefit the customer. With the multiple products and proven success in the industry, Curves is a smart start-up.

Relationship Between Romantic Couples And The Middle East

There are lots of complicated relationships in the world and some are too complex for saying if they are â€Å"good† or â€Å"bad.† America’s relationships with some foreign countries, like China or the countries of the Middle East, are examples of these complex relationships. There are individuals that also have complex relationships with other individuals and there are extremely simple relationships. No matter how complex or basic the relationship, all successful relationships have one thing in common: good communication. Lack of communication creates turmoil in all kinds of relationships and will end them if it is not remedied. When communication is not prevalent in a relationship between romantic couples, it can cause the relationship to end. Obviously, if a couple does not communicate when or where they are going to go on a date, there is a miniscule chance that they will both pick the right place and time. Consequently, they will be angry at the other one for not telling them where they were going to be. This concept is simple and somewhat ridiculous but it applies in other situations. When one half of a couple does not address problems they are having with the relationship, the other person has no idea that there are problems and will continue life as usual. If this continues and the problems are never addressed, it will make the relationship seem worse than it really is and the couple will break up when they think the problems are too much to deal with instead of working outShow MoreRelatedSocial Class : The Great Gatsby, Conflicts And Relationships1176 Words   |  5 PagesClass is Everything In today’s society, social class plays a large role in who is with who. Celebrity couples and weddings are very commonplace, but the rich and famous rarely marry those who are of the middle, or lower class. If it does happen though, it is usually a rich, older man marrying a young, beautiful woman. 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