Leadership and Discrimination in Croft Foods Essay -- Business Managem

Leadership and Discrimination in Croft Foods From my understanding Croft Foods have certainly demonstrated clear leadership in rather abstract terms. They have tried to reduce their production costs to an absolute minimum whilst attempting to produce and market as many products as possible. Klaus made effective communications with the employees and established the need to purchase new machinery which may have allowed the factory to work more efficiently and generate more profit. Leadership here was demonstrated by upper management conversing, with the factory floor directly, and making relevant employees aware of future developments, for example the fact that â€Å"further machinery is due to be installed later this year†. By recognizing a need with-in the market to remain competitive, and also delivery through spent time with employees. â€Å"Effective purchasing management and professional buying works better when a good strategic framework exists. Commonly, relationships between suppliers and customers are driven by personalities, or the needs of the moment, whereas relationships and purchasing strategy should ideally be based on a combination of factors reflecting the nature of each purchasing area, including: risk, complexity, value, the market and basic matters of supply and demand† 1 This theory suggests there is a vast array of issues which need to addressed whilst purchasing. There was obviously a need to work more efficiently, create more gross income, and allow employees to work to their optimum. In addition to satisfying the above, employees also felt listened too. Also by remaining distanced at suitable times from the factory floor at times they have been able to concentrate and free up time for other issues that may arise such as possible redundancies. Although the basic concept of these decisions may have necessary; it has all the hall marks of a ‘knee jerk reaction’. The decision to install new machinery without additional training was inevitably going to cause a skills gap and evidently cause a low working morale to sink further. Advice from the machinery supplier could have been sought after to perhaps provide guidance on the new machinery and thus offer advice on employee training. This would have leaded to a more structured and organised approach to productivity as well as improve factory morale... ... and Limitations All employees can expect a fair performance related pay which works on the basis of company loyalty and productivity. Performance related pay will reflect the level of success or decline, which ever is relevant. Employees are expected to speak to the nominated 'team leader' regarding any problems which it would like to be addressed to management in connection with ideas. Management whom are responsible to Managerial Director; must remain diligent to the concerns and welfare of fellow employees never abusing their positions. Stakeholder shares in Croft foods will be awarded on performance and loyalty basis. Senior Management will have their company shares capped. Training Training for all employees will be mandatory. Review These policies will be reviewed on a regular basis in keeping with the interests of every employee at Croft Foods. Bibliography Management and Organizational Behaviour, Prentice Hall, Seventh Edition 2005 by Laurie J. Mullins2 www.businessballs.com/buyingtechniques.htm1 www.womenandequalqualityunit.gov.uk/legislation/equal_pay_act.htm3 www.bized.ac.uk/compfact/mcdonalds/mc15.htm4 www.mcdonalds.com5

Four Key Attributes of Strategic Management

Strategic Management must firstly be directed towards a company’s goals and objectives. Typically the company will be organized with a mission and vision developed, stating a purpose and direction of the overall organization. The goals and objectives set by the manager’s act as stepping stones to maintain that vision. These goals need to be transparent throughout the organization to allow the key players to achieve buy-in as the team moves towards accomplishing these goals.Secondly, the strategic management of an organization must include multiple stakeholders in decision making . Typically stake holders have demands on different areas of the organization. Managers must consider the consequences of how certain decision will affect each stakeholder group. Stakeholders will include the owners, shareholders, employees, customers, suppliers, and the community . Decisions that may benefit the owners such as taking short cuts in safety may have drastic effects on the employee s or a local community’s environment.Decisions to cut costs in quality control and employee training may benefit the bottom line of a company for a short time, but eventually will lead to a poorer product being produced and a lack of consumer confidence or higher warranty claims of the end user. Third, strategic management requires incorporating both short-term and long-term perspectives. Managers must maintain a vision for the future as well as focus on the present needs.Managers can be put in a position to be â€Å"short sited† to reach production numbers or sales goals by making decisions that don’t coincide with those long term goals of growth. Salesmen with quotas may always look for the quick sale without respect for building a long term relationship with the customer. This can cause long term reputation issues and cause a company to develop a culture of poor service and trust. Strategic managers must fourthly recognize the trade-off between effectiveness and efficiency. This is described as â€Å"doing the right thing† or â€Å"doing things right†.Managers must make decisions that guide the organization towards its overarching goals and perform actions which create cost savings, best practice’s, and build a culture of a positive corporation. Sometimes doing the right thing may cost the company more money to stay on focus of the mission. Companies may make organizational decisions that inhibit the success of the organization. In a recent news story, a company in West Virginia made a decision not to report a chemical spill from its holding tanks into the Elk River .This spill has now contaminated the drinking water supply of over 300,000 residents and sent some of them to the hospital. Freedom Industries made the decision not to report the spill until after the state Department of Environmental Protection had already traced it to one of their leaking tanks. Through this act of neglect and failure to report the lea k, the company now creates a reputation of untrustworthiness and may face legal action which will significantly affect the stakeholders (both stockholders and local community).A local company in my business area has been known as a poor company to work for and has a reputation of a sour culture. This company has had safety issues and difficult times finding quality employees. The company deals in supplies to major automakers and has recently seen great growth due to the surge in automotive sales over the last several years. Now the company has a need for expansion of its building and added equipment to produce the needed volume of parts to match the growth.Because they have had a short term perspective of the economy due to the downturn in 2008, the management has made decisions to pay the employees lower wages and fail to train them adequately which eventually have led to a 40% turnover rate. The company has recently spent millions of dollars on the expansion and can’t find employees that are willing to work for them due to the reputation they have. Poor cultures within a company can have long term effect on its continual growth and take many years to turn around even with the best strategic managers.

Cause Of Poverty In America - 1303 Words

More than 3 billion people are living in poverty across the world, among those an estimated 43.1 million people in America are living in poverty. There are many causes of poverty, but mass incarceration is one of the most prominent ones. When people get out of prison or jail, they have a very low chance of getting a job and finding a home because they have the label of being a criminal. People tend to explain poverty especially poverty in America is that people are lazy and do not want to work, but that is not the reason at all. The government is ultimately responsible for distinguishing who is in poverty and what measures are going to be done to help those people get assistance. But because people do not particularly talk about this†¦show more content†¦Mass incarceration is defined as the drastic increase of people in prison and/or jail, and the high rates of racial disparities in prison. From slavery to the Jim Crow laws, now to mass incarceration. People identify how his tory seems to be repeating itself, but not being as straightforward as it was in the 1800s. Because of the â€Å"war on drugs† specifically people of color have been incarcerated for minor crimes. Most of these people cannot afford a decent lawyer so they have to plead out and do their time in prison. The problem with this is that when these people get out they cannot get a job or get housing because they have been labeled as a criminal. This affects the poverty percentage because when people are incarcerated they do not have an access for education or real world skills that they need when they get out. Therefore, when they are released from prison they resort to crime as a source of income because it is so hard for them to earn a job, or they even become homeless because they cannot live in government housing and have no place to go. Because of the stereotype that America has placed on blacks and hispanics, they become more targeted for police searches than white people, whi ch heavily influences whether they are arrested and processed. Society commonly refers to people in America who are living in poverty as people being lazy or saying that there are plenty of jobs and thatShow MoreRelatedCause Of Poverty In America787 Words   |  4 Pagesyou can see, there are more than the basics of poverty. These poor people struggle on a daily basis to provide the needs of themselves and their family. Poverty affects adults and their children in so many ways. I believe that poverty should be one of the main focuses of America. I have deep sorrow for these people doing whatever they can to make money. I think that poverty needs to be decreased in the United States. I don’t know how the people in poverty do it. They have a weight that they are carryingRead MoreWelfare Causes Poverty in America Essay811 Words   |  4 Pages There seems to be an increase in poverty in the United States and there are so many theories behind why this might be a problem. It seems as if Society as a whole wants to blame this social â€Å"condition† on Society itself. I believe that the problem of poverty lies within the actual individuals that are experiencing poverty. There are a few reasons why people experience poverty. They are as follows: One, the liberal welfare programs that were started in the 1960’s, two, individuals lack the characteristicRead MoreEssay on North America Causes Poverty in the Third World1428 Words   |  6 PagesAfter much deliberation, I have come to the conclusion that ‘we’ are all horribly selfish. Not intentionally of course. It just sort of happened you know, snuck into our lives when we weren’t looking. By ‘we,’ I mean much of the population in the Northern Hemisphere. Yes, we’re gorgers, gluttons, plump little people living luxurious lives at the expense of those skinny folks in the Third World. â€Å"Luxurious!?† you cry in objection. â€Å"But of course,† I cry back comparing our living space to the niceRead MorePoverty in America840 Words   |  4 Pagesabout poverty’s history in America and its definition, the causes/reasons of poverty, the effects of poverty on America, and the salaries of people in poverty. Poverty is the state or condition of having little to no money or goods. In America, poverty started being a major issue in the late 1950s when it reached 22.4 percent of the American population. Throughout the 1960s, poverty steadily declined, and reached 11.1 percent in the year 1973. Over the next 10 years, poverty alternated between 11.1Read MorePoverty And Poverty854 Words   |  4 PagesPoverty is a problem that the world suffers from, in which case can cause an awareness. There’s people in a current area downtown who are going through poverty. Mark Gongloff states in â€Å" 45 Million Americans Still Stuck Below Poverty Line: Census† â€Å"More than 45 million people, or 14.5 percent of all Americans, lived below the poverty†¦..But the level of poverty is still higher than 12.3 percent in 2006† (2014). There’s so many people, such as children suffer from poverty. Haiti suffers 37% more inRead MoreThe Poverty Cycle Of Poverty1096 Words   |  5 Pages Children are said to be the future of America, but what if their future is lined up for them already because they are stuck in a cycle of poverty? The Panel Study of Income Dynamics (PSID) collects information on the social and economic status of families and their offspring every year. The National Center for Children in Poverty used a PSID study that found â€Å"that individuals who grow up in poor families are much more likely to be poor in early adulthood. Moreover, the chances of being poor inRead MorePoverty in Places Such as Africa786 Words   |  3 PagesThere are many different forces that cause poverty in America as well as other places around the world. All countries and or territories have some type of poverty, No one can deny that. Different forces such as bad government policy, overpopulation, high standards of living, costs of living, environmental degradation, and lack of individual responsibility are some of the forces that contribute to poverty. The poor in devel oping countries are trapped. They lack education, good nutrition, and a safeRead MoreEssay on The Root Causes and Solutions to Poverty676 Words   |  3 Pagesstrongly in certain things, all of our ideas on poverty fall on the same path. Unfortunately, as reality points out, is that inside the walls of the White House, where it is commonly believed that actual progress is happening, ideas on poverty revolve around stock exchange, whose ideas only benefit those who get elected. Subsequently, these elected officials lead a group or campaign in a worthless round of unethical ideas that instead of helping poverty, increases U.S. debt. It is also commonly misinterpretedRead MoreCause Of Poverty Essay1527 Words   |  7 Pagesthe U.S are slipping below the middle class and into the grip of poverty. More than 45 million people are living in destitution in the U.S. That means more than 14% of the population is making less than $2,400.00 a month. The Many people believe that there seve ral factors that cause poverty. However, there are really only three main causes of poverty; a poor economy, a long history of drug use, and lack of education. The America that most people know is deteriorating, along with the backbone ofRead MoreWhat Is The Cause Of Poverty?959 Words   |  4 PagesWhat is the cause of Poverty? In this paper I will discuss the causes for those below the poverty line in America set by the census bureau and how we might begin fixing them and how they are already being fixed. I believe these issues are able to be helped but they need to be clarified and addressed properly. Currently in America there are 46.2 million people currently listed as impoverished according to the Census Bureau. As such first we need to look at the causes for poverty for nationally. In

Gun Control Against Or For Essay - 1635 Words

Floyd Hopsin Gun Control Against or For? 9/21/2015 In the United States gun control has become very important, every time you watch the news or read the newspaper you hear about gun related violence in the U.S. It isn’t just war, suicide, and gang related incidents, it is kids killing kids. On February 29, 2000 there was six year old boy who accidently killed a classmate, who was also six years old. Prior that day the two children was witnessed to have been a in a fight and the boy brought the gun to simply frighten or scare her. That one shot at Buell Elementary School, in Michigan echoed around the country to the immense problem that we have with gun control. It isn’t just adults killing adults, its kids killing kids. Gun laws are the cause of much violent crime in America, and the best way to resolve the problem is to change the laws so that owning an illegal firearm carries a very stiff prison sentence for first time offenders. By creating a more aggressive approach on gun control would lower the number of weapons throughout the U.S. especially in urban areas. Creating a system with a stricter handgun control laws and licensing are necessary to save lives. When it comes to gun control in the U.S. controversy was started a long time ago when colonists first came to North America. Because of the heavy losses is what first established the idea of having gun control. This is where the second amendment came into play where it allowed people the guaranteed the rightShow MoreRelatedGun Control: For or Against?1495 Words   |  6 Pages The debate over gun control in the U.S today is not merely as welcomed today as it was in the early 1700’s because of controversy, misunderstanding of the law, and the danger guns cause. In 1791 James Madison had written the Bill of Rights. The Bill of Rights makes up the first 10 amendments in the Constitution. Madison had to create this Bill of Rights in order to win over the state of New York in order to rewrite the Constitution himself. The right to keep and bear arms is the second amendmentRead MoreThe Arguments Against Gun Control Essay1207 Words   |  5 Pagesthe arguments against and for gun control? Gun control is a controversial topic in the United States. Therefore, the arguments against gun control are whether or not there is gun control law, and people still can find firearms from some illegal place. Second, the 2nd Amendment’s allows people have the rights to own guns for self-defense. Third, my friend gives me detailed explanation about why he likes to own a gun. On the other hand, I also research some arguments for gun control. People who voteRead MoreThe Argument Against Gun Control Essay1141 Words   |  5 Pagesthis paper, I consider the topic of gun control. First, I present Dixon’s argument in support of gun control, which is that all personal guns should be banned. Second, I introduce Huemer’s argument against the regulation of guns, which is that banning personal firearms is not justified. Third, I critique Huemer’s argument against gun control on the grounds of three claims. First, the right to own a gun is nullified by its n egative repercussions. Second, gun control does not violate an individual’s rightRead MoreArgument Against Gun Control1340 Words   |  6 Pages Final Paper: Argument Against Gun Control The argument on firearm regulation has been a heated discussion for many years. On one side of the debate, we have people in favor placing restrictions on guns, while, on the opposite end of the spectrum, we have people fighting the regulation of guns. People in favor gun restrictions believe gun control can reduce crime ,while, the people against gun control believe having the right to bearRead MoreAn Argument Against Gun Control Essay912 Words   |  4 Pageslaw to outlaw all guns would be more effective at disarming law-abiding citizens than at disarming the criminals who abuse them. If guns were outlawed, the criminals would not stop carrying guns, but the good, law-abiding citizens would. It would do nothing about the illegally obtained handguns in the possession of criminals. In The NRA is Right, Josh Sugarmann states that â€Å"One tenet of the National Rifle Association’s faith has always been that handgun controls do little to stopRead MoreEssay on An Argument Against Gun Control773 Words   |  4 PagesArgument Against Gun Control An Argument Against Gun Control As long ago as 1789, the creators of the Constitution realized the importance of guns in American society. The Second Amendment states,A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed. No loopholes, or legal caches exist in this statement. The Founding Fathers allow for no restriction of the private ownership of firearmsRead MoreAgainst Gun Control Of The United States1145 Words   |  5 PagesEnglish II November 1, 2015 Against Gun Control Crime and guns, the two always seem to be acting together, however, these two elements are absolutely nothing alike. Do guns commit the horrific crimes? Do the laws placed on gun control keep the citizens of the United States safe? These are the questions many citizens and lawmakers are asking themselves when they try to launch laws on gun control. Although many people are for gun control, they do not realize that gun control violate the United StatesRead MoreArguments For And Against Increased Gun Control994 Words   |  4 PagesThis paper analyses data from several sources to create a more complete understanding of the arguments for and against increased gun control in the US. While this paper will not cover all of the factors that should be taken into account it does cover some of the more prominent ones are discussed. The first has to do with the effects weapons may have on people, more specifically called the weapons effect. Second is the effect of intent and the difference bet ween aggression and violence. The thirdRead MoreAmericas Debate Against Gun Control1155 Words   |  5 Pages ï » ¿ The United States and the war on Gun Control The gun control issue has recently created a massive uproar throughout the U.S. due to some major horrific events such as the Virginia Tech shooting in 2007, where 32 people were killed, the Sandy Hook shooting in 2012 where 27 people were killed, mostly children, and the Columbine shooting in 1999 where 13 people were killed, (CNN) as well as many others. To some, it is a crime issueRead MorePersuasive Essay Against Gun Control1934 Words   |  8 Pageswould outlaw guns would be a more of a disadvantage to the law-abiding citizens than it would be to the criminals. If a law like that would be enacted, the criminals would not stop carrying guns but the pleasant citizens of the United States would. Currently, there is three major laws that prohibit specific firearms. The National Firearms Act of 1934 restricts citizens from possessing automatic weapons, hand grenades and other powerful arms. There is another federal law, The Gun Control Act of 1968

Hamlet What Is the Appeal to the 21 Century Audience

As people in the twenty-first century generally dont believe in ghosts and dont consider revenge a duty, why is a play like Hamlet still of interest to film and theatre audiences? As William Shakespeare began writing Hamlet in 1598 - at the end of the 16th century - the play which would go on to become one of his most famous pieces of work was geared towards an audience of â€Å"churls†, â€Å"groundlings† and the less-educated members of theatre-going society, just as equally as the more educated and affluent audience members. Theatre being a relatively affordable and popular form of entertainment for the less wealthy individuals, Shakespeare would cater as much to their tastes as he would to the ‘higher society’ who would attend his plays. A†¦show more content†¦When you consider that he was following the instructions of his father’s â€Å"ghost† it becomes even more blurred. It was the ghost which created the fire inside Hamlet, the desire for revenge but also the need for revenge as a duty, to his â€Å"murdered† father. The ghost, however, has been the subject of much debate amongst critics and read ers of Hamlet, with the controversy surrounding whether the ghost is â€Å"real† as a physical element of the play, or whether it exists simply in the mind of Hamlet. The play opens with Horatio and various watchmen alarmed that they have seen a ghostly presence, although we don’t know for sure that they have actually seen the purported ghost of the former King. This could indicate that what they saw wasn’t actually a ghost, and further evidence to suggest this could be found in the scene in which Hamlet sees the ghost but Gertrude cannot see him (Act III, Scene IV). Some critics, such as Jan Pick, argue that the appearance of the ghost as an actual element of the play is simply to encourage the audience to accept Hamlet as a rational human being rather than an insane character; the inclusion of the ghost as somebody the audience (if not the other characters) can see lends an air of authenticity to the ghost scenes, authenticity which can only exist to a modern audience in the assumption that Hamlet actually is insane, and imagining the ghost. Still, this scenario leads the viewer down a different butShow MoreRelatedA Rhetorical Analysis: of I Have a Dream Essay1484 Words   |  6 Pagesmakes the audience feel an immense amount of emotion due to the outstanding use of pathos in his speech. King also generates a vast use of rhetorical devices including allusion, anaphora, and antithesis. The way that King conducted his speech adds to the comprehension and gives the effect that he wants to rise above the injustices of racism and segregation that s o many people are subjected to on a daily basis. Throughout King’s speech, he uses the rhetorical mode, pathos, to give the audience an ambienceRead MoreHAMLET AND ORESTES10421 Words   |  42 Pages07 1 THE BRITISH ACADEMY THE ANNUAL SHAKESPEARE LECTURE 1914 Hamlet and Orestes A Study in Traditional Types By Gilbert Murray, LL.D., D.Litt. Regius Professor of Greek in the University of Oxford Fellow of the Academy New York Oxford University Press American Branch 35 West 32nd Street London : Humphrey Milford THE BRITISH ACADEMY THE ANNUAL SHAKESPEARE LECTURE 1914 Hamlet and Orestes A Study in Traditional Types By Gilbert MurrayRead MoreAnalysis Of The Movie Kabuki 3062 Words   |  13 Pages Center Stage Left - In traditional western theater stages (as opposed to street theater or theater-in-the-round) this is an area of the stage that is about halfway between the front edge and the back wall, and to the left (as you are facing the audience) of the middle of the stage. 4. Prop - a prop is any object that the actor can use to assist in conveying motion, meaning, or energy. Props are representative of the setting in which a play takes place; for example, a water bottle is representativeRead More Comparing Arthur Laurents West Side Story and Shakespeares Romeo and Juliet 2318 Words   |  10 Pagesshow well that now shows best.     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  (I.ii.99-104)    Tony confesses to Riff that hes reachin out for something; just what, he doesnt know (Laurents 19).   Riff chides him: Maybe what youre waitin forll be twitchin at the dance! (Laurents 21).   Not to mention, Tony has to show, because Riff already told the gang youd be there (Laurents 20).   So, Tony succumbs to the plea of an old friend, despite his premonitionRead MoreSAT Top 30 Essay Evidence18536 Words   |  75 Pages............................ 21 Billie Jean King (Tennis legend and women’s rights activist) ................................................................. 23 Jesse Owens (Track star and civil rights icon).......................................................................................... 25 Muhammad Ali (â€Å"The Greatest† boxer of all time) .................................................................................. 27 Fiction and Literature: Hamlet by William Shakespeare (â€Å"To beRead MoreQuestion and Correct Answer7042 Words   |  29 PagesAnswer: |   Ã‚   As celebrations of the priest-kings power | | | | | ï‚ · Question 2 2 out of 2 points | | | What did lost-wax casting enable the Mesopotamian sculptors to create?Answer | | | | | Selected Answer: |   Ã‚   Larger and more lightweight bronze pieces | Correct Answer: |   Ã‚   Larger and more lightweight bronze pieces | | | | | ï‚ · Question 3 2 out of 2 points | | | What classic struggle do Gilgamesh and Enkidu represent?Answer | | | | | Selected Answer: |   Ã‚   Nature versusRead MoreHow English Literature Affects the Monarchy2997 Words   |  12 PagesEnglish Literature (English Renaissance). Through William Shakespeare, The Golden Age of Drama emerged through his famous Elizabethan dramas, which included many of the following works: Hamlet, Romeo and Juliet, Oedipus Rex, and Macbeth. These dramas included elements designed to entertain every member of the audience which included people from every social class, but many Puritans, strictly religious Protestants, believed that these dramas were immoral (Literature and Language 16-17). Ultimately, QueenRead MoreMasculinity in the Philippines12625 Words   |  51 Pageswomen soldiers in 1963; and another thirty years after that before the Philippine Military Academy (PMA) admitted its first female cadets in 1993 (Hilsdon 1995, 48, 51, 89; Duque 1981, vii). If we accept what one historian has called the emancipated status of Filipino women in the 19th century, then the prewar nationalist movement, with its rhetoric of militarism and male empowerment, may have skewed the gender balance within the Philippine polity. In a Malay society with a legacy of gender equality-bilateralRead MoreAmerican Literature11652 Words   |  47 Pagesinnocent young woman is tested by a seductive male Effect: ï‚ · ï‚ · ï‚ · ï‚ · patriotism grows instills pride creates common agreement about issues shows differences between Americans and Europeans Historical Context: ï‚ · ï‚ · tells readers how to interpret what they are reading to encourage Revolutionary War support instructive in values American Renaissance/Romanticism period of American Literature - 18001855 Content: ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · writing that can be interpreted 2 ways, on the surface for commonRead MoreSummer Olymoics23416 Words   |  94 Pagesthe most decorated Olympic athlete of all time, winning his 22nd medal.[20] Saudi Arabia, Qatar and Brunei entered female athletes for the first time, so that every currently eligible country has sent a female competitor to at least one Olympic Games.[21] Women s boxing was included for the first time; thus, the Games became the first at which every sport had female competitors.[22] Contents[hide] * 1 Bidding process * 2 Development and preparation * 2.1 Venues * 2.2 Public transport

Animal Farm Power corrupts free essay sample

Animal Farm, by George Orwell, is a complex book, which conveys a lot information. The book is basically a parallel of the Russian Revolution, but Orwell also wrote this book with, as an objective, to understand the major theme: power corrupts. This theme is obviously presented in the novel, but to simplify your understanding of this essay, Napoleon will be used as an example of a corrupted individual by power. To conclude this introduction, the corruption of Napoleon will be presented under three aspects: Desire, Achievements and absolute power. Dishonest by those in power’, despite the dictionary definition of the word, corruptions could be used in many ways and contexts, here is an example: Napoleon’s, Squealer’s and Snowball’s nature has been corrupted by old Major’s speech. Only his words and idea corrupted the pigs’ nature. Napoleon forgot what he was and only foreshadowed what he would be as a leader. We will write a custom essay sample on Animal Farm Power corrupts or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I think that this is the first step of how power corrupts someone. The desire of power makes Napoleon forget about his own nature because he only sees how he could rule the farm. This desire came from the pigs’ inferiority to Mr. Jones and to add some more Napoleon was for sale, so his value to the farm owner was even more relevant. It is the same story in the real life, with Joseph Stalin and the Tsar Nikolay Alexandrovich Romanov or Nicholas II. Stalin was a peasant which from nothing got the absolute power because the desire that he had to get it was so big and did some smart moves, just like Napoleon. Stalin took advantage from the situation to get out of his labor class. This communicates that we, inferior people, ‘’hate’’ so much powerful individuals. Not because they are because we would so much like to take their place. This feeling could be summarized with the word jealousy, desire and pride. Let’s get back to our pig, only the idea got him ready to take Mr. Jones’ place, by learning the alphabet and creating animalism as it is said at the page 13 of the novel. Those are two hints proving Napoleon’s corruption and so only because of an old individual who said I had a dream! Now that the corruption cycle started, our pig, Napoleon is ahead of the ‘’temporary government’’ followed with Squealer and Snowball. They took control of the farm and now get advantages which will get them attached to their power. They now could do anything from the farm as they are the leading group and they have Squealer which is all the propaganda that cover up their dishonest activities. One of these activities is stated at the page 14 when Squealer explains to the animals that the pigs need the milk and the apple for their health, that if the pigs were to get sick Mr. Jones would be back on the farm. So all the animals concluded that the milk and the apples shall be reserved for the pigs. We clearly see that the pigs are now manipulating he others animals, another proof that their intentions are again corrupted by power as if the pigs wouldn’t had it, they would never had lie to the other animals on the farm. It’s the same story in real life, Stalin and Trotsky, when Nikolay died, with the control of the Medias they (Squealer) they set up exactly what they wanted. More corrupted than the others, Stalin even took control of one Newspaper and made it the national journal calling it ‘’La Pravda’’ which means the truth in English, by doing so he gets another key to control the population. This show the ‘’Facette’’ of power that everybody would like: the benefits that corrupts. At this point, our individual, Napoleon has already reached a certain level of corruption as he gains more and more power. The last step he can reach is, absolutism and to do so he need to eliminate any other leader and get another way to control despite Squealer to gain the ultimate power. This is exactly what Napoleon will do, by chasing Snowball off the charm with the puppies he took from their mother as it is written at the page 21 of the book. Here we can see the complete corruption of Napoleon as he now has all the power he wanted, he does anything he wants even what is forbidden by the amendment, like drinking alcohol or sleeping in beds. In a parallel world, it’s the same story with Joseph Stalin, who exiled Trotsky, the only other leader that limited his powers. In the both world this complete corruption could be seen because of one detail. Both leaders killed to get their entire power without any problem, act that no slave, normal person or powerless human could do without getting punished. On a deeper level we can even say that by doing so the leaders corrupted their fate and souls because killing is the only way to ‘’divide’’ in a breaking way your soul. Finally everyone would absolutely like to get power as it gets you ‘’higher’’ than others, everyone would enjoy it as it gets you benefits and finally everyone would like to be upon everyone else as it’s human nature. The power really corrupts and one of the main reasons is that man will always want more: let’s take a guy in a Porsche parking beside a Honda civic, he will feel good but he know his power is limited as the dude at the cross light laughs in his Ferrari but even him feels limited when he see that family passing by on their yacht at port. Even them when they are enjoying the sun will see a private jet taking off they will know that the person inside is even more powerful. This cycle will never end because even the owner of this private jet will feel inferior to the guy in the space station with his clown nose. This only shows us that power corrupts because men will always want more as feeling such as happiness aren’t supposed to be developed with properties material and power.

Financial Performance and Positional Repsol †MyAssignmenthelp.com

Question: Discuss about the Financial Performance and Positional Repsol. Answer: Introduction: The report has been prepared to evaluate the financial performance and positional Repsol plc. It evaluates the annual reports, financial statements and the market position of the company to evaluate the performance and the investment position of the company. In the report, management discussion and analysis, ratio analysis, security market, news about the company etc has been discussed and it has been concluded that whether the investment into the company is a good idea or not. Repsol plc is an integrated international energy company which is operating its business in Madrid, Spain. The company carries downstream and upstream business in the entire world. The company operates in all the areas of the oil and gas industry such as exploring, refining, marketing, power generation, distribution, trading etc. the main competitor of the company is British petroleum. The economic position of the company is quite better (Bloomberg, 2018). The financial position of the industry briefs about better position of the company and the economic environment. Annual report (2017) of the company briefs that the company is looking forward to diversify the market more. Though, the report also tells that the natural resources are used by the company and thus the company is looking for the other perspectives to enhance the revenue and reduce the uses of natural resources. It has also been found that the company is quite concern about the future due to natural resources and the company has disclosed all the information according to the accounting policies and the standards. Ratio analysis: Ratio analysis is a study which is done to evaluate the financial changes and the performance of the company. The financial performance of Repsol plc has been evaluated in context with the financial performance of British petroleum to evaluate the performance and the investment position of the company. Following is the calculations and analysis of different ratios of the company and the competitive company: Profitability ratios of company briefs about the performance and the competition position of the company. Return on equity and return on asset ratio explains that the performance of Repsol is quite better in terms of generating the profit in context of total equity and the assets of the company. In addition, the financial leverage percentage briefs that the company has managed the profits in an effective way. Further, the earnings per share, quality of margin, fixed asset turnover ratio and the profit margin of the company also expresses that the profitability position of Repsol is quite higher than the performance of British petroleum. It explains that the company has generated a great margin of profit in recent year. Profitability Ratios: Repsol BP Return on equity Net income / 2,121 3,388 Average shareholder's equity 29,793 98,491 Answer: 7.12% 3.44% Return on assets Net income / 2,121 3,388 Net assets 59,857 2,76,515 Answer: 3.543% 1.23% Financial leverage percentage Return on equity - 7.12% 3.44% Return on assets 3.54% 1.23% Answer: 3.58% 2.21% Earnings per share Net income / 2,121 3,388 Average number of shares 1551 3282 Answer: 1.368 1.032 Quality of margin Cash flow from operating activities / 5113 18931 Net income 2,121 3,388 Answer: 2.411 5.588 Profit margin Net income / 2,121 3,388 Sales Revenue 59,857 2,76,515 Answer: 3.54% 1.23% Fixed assets turnover ratio Net sales revenue/ 2121 3388 Average net fixed assets 45086 201547 Answer: 4.70% 1.68% Liquidity ratio: Liquidity ratios of company briefs about the performance and the competition position of the company. Cash ratio, Current liquidity ratio explains that the performance of Repsol is quite better in terms of managing the funds to pay for short term debt obligations. Further, the acid test ratio, receivable turnover ratio and inventory turnover ratio of the company also expresses that the liquidity position of Repsol is quite better than the position of British petroleum. It explains about the better position of the company in the industry. Liquidity Ratios Repsol BP Cash Ratio Cash + cash equivalents 4601 25586 Current liabilities 12035 64726 Answer: 0.38230162 0.395297099 Current Ratio Current Assets / 14,771 74,968 Current liabilities 12,035 64,726 Answer: 1.23 1.16 Acid test ratio Current Assets - Inventory / 10,974 55,957 Current Liabilities 12,035 64,726 Answer: 0.91 0.86 Receivable turnover ratio Net credit sales / 2121 3388 Average net receivable 6116 28832 Answer: 0.35 0.12 Inventory turnover ratio Cost of goods sold / 30045 203945 Average inventory 3797 19011 Answer: 7.91 10.73 Solvency ratios: Solvency ratios of company briefs about the gearing position, debt position and the equity position of the company. Times interest coverage ratio and cash coverage ratio of the company expresses that the interest cost in terms of profits of Repsol is quite better than the position of British petroleum. It explains about the better position and the less cost of the company in the industry. Further, debt equity ratio explains that the performance of Repsol is not better in terms of managing the better capital structure in context with the managing strategy of British petroleum. Solvency ratio Repsol BP Times interest earned ratio Net income + interest expenses + Income tax expenses 3708 8521 Interest expenses 327 1421 Answer: 11.34 6.00 Cash coverage ratio Cash flow from operating activities / 5,113 18,931 Interest paid 222 2,504 Answer: 23.032 7.560 Debt to equity ratio Total liabilities / 29,794.00 1,76,111.00 Stockholder's equity 29,793 98,491 Answer: 1.000 1.788 Market related ratios: Market related ratios of company have been studied lastly to evaluate the performance of the company and make a decision about the investment position of the company. The report briefs about the performance and the competition position of the company. Price earnings ratio explains that the Repsol plc is offering equal earnings to its stakeholders than the BP which explains that the market position and the investment position of Repsol plc is better in the industry. Further, the dividend yield ratio of the company expresses that the company is paying better dividend amount in context with the British petroleum. The dividend coverage ratio of the company is better in the industry. Market based ratios Repsol BP Price earnings ratio Market price per share 15.65 515.00 Earnings per share 1.37 39.87 Answer: 11.423 12.917 Dividend yield ratio Dividend per share / 0.21 1.87 Market price per share 15.65 515.00 Answer: 0.014 0.004 (Morningstar, 2018) Security analysis: The security position of the company has been evaluated further and it has been found that the stock price of the company has been enhanced by a huge % after release of the annual report. Annual report has attracted the investors towards the company (Yahoo Finance, 2018). The annual report contains all the related information about the changes into the organization, financial and non financial informnation of the organization, future outlook of the organization and the comparison of the organization with the last year performance of the company. Annual report makes it easy for the investors and the financial analyst to evaluate the financial performance and the position of the company. In case of Repsol plc, the annual report is quite helpful for the investors (Morningstar, 2018). Investors could get the information about the financial performance, segment performance, dividends, net profit etc information of the company on the basis of annual reports. Financial times (2018) has disclosed that the company has generated huge profits and the current position of the company is quite competitive in the market. The analyst report tells that the financial performance of the company is quite better in the industry and it suggests the investors to invest into the company. The Yahoo finance (2018) tells that the corporate social responsibility policy of the company is quite better. The company is using the natural resources for its business and for it; the company is paying the society back in terms of providing job opportunities and launching various new projects for the environment. Reuters (2018) has also briefed that the comapny has diversified its market into vertical way. It has launched various subsidiaries to manage the various operations of the company such as exploring, refining, marketing, power generation, distribution, trading etc. The economic position of the company is quite better. The financial position of the industry briefs about better position of the company and the economic environment. On the basis of above study on Repsol limited and the British petroleum, it has been found that the performance of the company is quite better and at the same time, the market position of the company is also well. The report explains that the investors should invest into the organization for short term as well as long term (Bloomberg, 2018). In both the situations, the investors would be able to get huge return as the stock price of the company briefs about positive changes as well as the dividends of the company are also attractive. The report explains that the investors should hold the stock of Repsol plc for now and at the time of announcing the dividend amount or releasing the annual report, investors should sold it in the market. It would offer them huge return. Investors could buy the stock now and hold it for some time to enhance the return, Conclusion: To conclude, the financial performance of and the market position of the company is quite better and briefs about a competitive position in the industry. It expresses that the investment position of the company are quite better. An investor should invest into the organization for short term as well as long term to generate the extra profit. References: Annual Report. Repsol plc. Web. 18th April 2018. 2018. https://www.repsol.com/imagenes/global/en/2017_Integrated_management_report_tcm14-123306.pdf Bloomberg. Repsol plc. Web. 18th April 2018. 2018. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=323502 Financial Times. Repsol plc. Web. 18th April 2018. 2018. https://markets.ft.com/data/equities/tearsheet/summary?s=REP:MCE Morningstar. British petroleum. Web. 18th April 2018. 2018. https://www.morningstar.com/stocks/XNYS/BP/quote.html Morningstar. Repsol plc. Web. 18th April 2018. 2018. https://financials.morningstar.com/cash-flow/cf.html?t=XBER:REPregion=deuculture=en-US Reuters. Repsol plc. Web. 18th April 2018. 2018. https://www.reuters.com/finance/stocks/overview/REP.MC Yahoo Finance. Repsol plc. Web. 18th April 2018. 2018. https://finance.yahoo.com/quote/REP.MC/