Saturday, August 24, 2019

European union Essay Example | Topics and Well Written Essays - 1000 words

European union - Essay Example In addition to this, public law involving the commerce in European Union has fundamental significance:2 i. Most of the laws governing ECJ commercial circles whether directly or indirectly, are grounded on the European Union Laws ii. The framework which governs private businesses is widely derived from the rules that were established in 1957: that is, The Rome Treaty iii. Most of the sections of the regimes ruling and providing guidance and direction are either prescribed to European Union Regulations or largely affected by the â€Å"sectoral† agreements reached upon by the states in agreement. The reference of the aforementioned views are made to the C-213/89 Factortame (No1) [1990] ECR I-2433 Case 11/70: a case that involve the controversy in the fishing policy that were change in British. The fishing policy which started iin early 1970s was intended to make fishing within the EU member state of more economicvalue by giving people the liberty to access water freely in within the member states. The common fisheries policy of the European Union also was providing funds to make fishing modernized to meet the market demands. Becase of the increasing demands for fishing in the member states, the EU came up with another agreement in1980 with Spain on to allowance of the fishing agreement which defined to level of fishing grounds and the access points of fishing in the British grounds. As time advanced, the British felt a little uncormfortable with the magnitude of fishing that was taking place in their waters. Fishermen from Spain and elsewhere in the European Union started taking advantage of the fishing vessels that they had to penetrate the UK waters. This led the British to enacting various laws to curb this situation. The British law wanted that the only people who could fish on their water were to be those who were qualified: of which those who were qualified were the British citizen and a company registered in Britain whose 75% members were Brish citiz ens. This move sparked the heat of debate that led the major owners of the fishing vessels from Spain to seek the redress of the law. The people who were affected most were the Factortame from Spain. Their vessels could not meet the conditions that were set by the British newly established laws. The first aurgument advanced by the Factortame was that the British act of 1988 was offensive and could not be applicable to them. They made their reference to the EU law and the Treaty of Rome article 7 which scheduled that one ought not to be discriminated against on the grounds of race, gender and the nationality. According to the EU laws, they had the right to establish themselves in business anywhere and their company could be operative and situated in a nother member country. In general, the approach given to the ECJ to the administration of law, putting up a common honor and alignment to the framework of observance to the general rule of the community law, include values of the intern ational law and guarding the basic rights, is now more to the knowledge of the EU judges. The influence of human rights has made the standard approach in the judicial to grow very rapidly. Upon the investigation and consideration of the structure of the constitution of the European Union, and the numerous changes that have occurred in is so far, its basic structure can be categorized under three broad and general positions3. The

Friday, August 23, 2019

Ethics and Values Case Study Example | Topics and Well Written Essays - 1000 words

Ethics and Values - Case Study Example Confidentiality is an imperative standard in nursing ethics; however it might be overruled in certain situations. Generally, revelation of confidential information with the consent of the patient is not deemed to be a violation of confidentiality. However, the quandaries of safeguarding confidentially occur in those circumstances when the patient does not provide the approval to disclose. In such cases, the ethics of confidentiality clashes with a rationale of harm prevention (Badzek, Mitchell, Marra, & Bower, 1998). Case in Question: Application of Ethical Theories and Principles The case under discussion presents a quandary in terms of maintenance of confidentiality and prevention of harm to the patient. In such a situation, on one hand the physician owes the obligation of confidentiality and on the other he has to shelter the patient from harm. Since the patient belongs to a culture where the males make the decisions regarding health care, the physician should try to persuade the patient about the necessity of disclosure of her disease to her family. If in case, the patient does not agree for the disclosure, the physician would have no other option than to disclose the matter to the patient’s family. ... The ethical theories and decision-making models attempt to characterize the boundaries of morally satisfactory actions and clarify the guiding principles for making resolutions within those boundaries. The two most common approaches in the process of ethical decision making are the utilitarianism theory and the deontological theory. The utilitarianism theory also known as the ‘consequentialism’ was formulated by Jeremy Bentham and John Stuart Mill. This theory characterizes the ethical goodness of acts by their outcomes (Jamieson, Smart, and Williams, 1973).  The utilitarianism theory differentiates between good and bad act on the basis of the contentment produced by the outcomes of the acts. According to this theory those acts are considered to be correct that generate maximum contentment for the utmost number of people. Thus, the utilitarianism theory prescribes that, once in a while, certain good be forgone for the overall good of larger number of people. The deonto logical theory is often referred to as the theory of duties and was formulated by Immanuel Kant. This theory differentiates between right and wrong by accentuating on the observance of duty as the chief indicator of moral rightness (Frankena, 1973).  The actions and behaviors are considered to be right or wrong on the basis of the intentions behind those actions and not by the end results. Thus, as opposed to exploring the outcomes of actions as in the case of utilitarianism theory, as per the deontological theory the selection of the act is examined. The belief of respect for another individual is intensely entrenched in the deontological theory, which results in the notion

Wednesday, August 21, 2019

HR Practices Of Four Seasons

HR Practices Of Four Seasons Introduction Nowadays the range of luxury hotels all over the world is very big. There are different types of luxury hotels and all of them have their own policy, procedures and missions. Competition among these kinds of hotels is huge nowadays. The competition is based not on prices or percentage of discounts but it is based on values, exclusivity, atmosphere and quality of service. One of these competitors is world known, luxury brand Four Seasons Hotels and Resorts. However Four Seasons Hotels and Resorts managed to differentiate them from all other competitors in the Hotel Industry. In Four Seasons, management has a huge value of their employees, because they know that the power of service is in human resources. Human Recourse Management in Four Seasons Hotels and Resorts definitely plays very important role for providing success of the company and delivering premises to their employees and customers. The following research provides readers with full picture of Human Resource Management Polic y of Four Seasons hotels and Resorts. Also additional recommendations and comments are given in order to clarify the policy and mission of Human Resource Management. The research includes five important questions about HRM. Answers for these questions can be used as tools to improve the human resource policy of Four Seasons Hotels and Resorts. As for readers the research will help them to understand the value and mission of Human Resource Management in Hospitality Industry. Introduce the Company and its positions in the Hospitality Industry. Is it an employer of choice? Four Seasons Hotels and Resorts Company was founded in 1960 by Isadore Sharp and positioned as luxury hotel chain. The first hotel was opened in 1961 in the downtown area of Toronto, Canada. Isadore Sharp started a new kind of luxury hotels by making it personalized, taking care of each customer and offering an excellent service for their guests. For funds Sharp involved his brother-in-law, Eddie Creed and his friend, Maurry Koffler. Each of them contributed to the project. From 1970 till 1976 there were opened several Four season Hotels and resorts in London, Ontario and Bahamas. In 1976 Four Seasons hotels and Resorts grew and decided to expand in North America. So in 1976 they entered the US market in San-Francisco. So in 1977, Isadore Sharp along with Creed and Korrler decided to convert Four Seasons Hotels and Resorts into private company. Four Seasons has created a new niche in luxurious segment of Hospitality Industry, thus provided themselves with a great opportunity to grow. In 1986 the company went public, by being presented on stock market, but in 2007 it became private company again. By 1991 the company had around 36 hotels all over the world and around 13 sales and corporate offices. However Four Seasons faced with some financial issues and was rescued by investor from Saudi Arabia, the Saudi Prince Al-Waleed. In 1994 he purchased 25 percent of Four Seasons stocks and invested around C$100 million. After investing by Saudi Prince, the Four Seasons continued their expiation and opened new properties in Singapore, Mexico City, Berlin and Prague. In mid-nineties, whole hotel industry faced a downturn. As a result Four Seasons Hotels and Resorts turned to managing style rather owning hotels because it was much more profitable in the long run. (Four Seasons Hotels Incs HR Practice., 2009). Nowadays Four Seasons Hotels and Resorts has 84 properties all over the world with exclusive service and very clear companys culture. Nowadays Four Seasons Hotels and Resorts has several competitors in Hospitality Industry. They are Fairmont Hotels, Ritz-Carlton, St. Regis and Mandarin Oriental Hotel Group. Positions of Four Seasons Hotels and Resorts are very strong now. Despite on financial problems they faced in 1994, Four Seasons managed to stabilize and continue growing in hospitality industry. Four Seasons continues to have more of its hotels designated as AAA Five Diamond properties than any other hotel company and it has the most Mobil Five Star awards in the industry. The company is also consistently highly ranked in readers surveys in publications such as Conde Nast Traveler, Travel + Leisure, Institutional Investor, Andrew Harpers Hideaway Report and the Zagat Survey. (Hospitalitynet, 2010). First of all, the writer would like to give the definition of term Employer of choice. Any employer of any size in the public, private, or not-for-profit sector that attracts, optimize and holds top talent for long tenure, because the employees choose to be there. (Herman and Gioia, 2002, p. xi). Personalized service is a unique feature of Four Seasons Hotels and Resorts. But in order to make the service unique for their guests, the company pays attention to their employees. Four seasons Management teams do value their staff and treat them as guests, also with uniqueness. As one of employees said: Youre never threated like just and employee. You are a guest. (Four Seasons Hotels Incs HR Practice., 2009). This is the one and the most important reason why Four Seasons Hotels and Resorts became an Employer of choice. The company is recognized by many popular magazines as an Employer of Choice. For example, since 1998 Four Seasons Hotels and Resorts are among 100 The best Companies to Wo rk for, by Fortune Magazine. In 2009 Four Seasons Hotels and Resorts Company was awarded The best Workplace by Great Place to Work Institute Canada. Later in 2009 the Company was awarded Lifetime Commitment Award by National Society of Minorities in Hospitality (NSMH). In addition they were awarded Inductee to Canadas 10 Most Admired Corporate Cultures Hall of Fame 2010. Also Four Seasons Hotels and Resorts pay a lot of attention to trainings and development programs, thus in 2010 the company was listed in Training top 125 by Training Magazine. (FourSeason, 2010). As Four Seasons Hotels and Resorts in an international company and has many hotels all over the world, some of Four Seasons properties were also recognized by leading tourism and hospitality magazines. For example Four Seasons Hotels in the United Kingdom were The Best place to Work in Hospitality in 2008; Four Seasons Hotel Dublin received Business Award Status, based on the Hotels best practices in Recruitment and Select ion and Learning, Development and Progression; in 2008 Four Seasons Hotel Prague was awarded as Company of the Year 2008. This award is given to the companies who supporting the employment of hearing-challenged individuals. (FourSeason, 2010). All these awards and recognitions are the main indicator of Four Seasons Hotels and Resorts culture and a result of well-organized corporate environment. Explain its culture, its unique to the Company, how does this vary from its major competitors. Four Seasons Hotels and resorts has their own and unique service culture. The culture is mainly based on Golden Rule by Four Seasons Hotels and Resorts. The philosophy of Golden Rule is very simple and clear. As the CEO of Four Seasons Hotels and Resorts, Isadore Shard defined it: The Golden Rule do unto others, as you would have them to do unto you (Four Seasons Hotels Incs HR Practice., 2009). According to Mr. Sharp definition it is very important to treat everyone: guests, colleagues and partners as you would want them to treat you. Within Four Seasons Hotels and Resorts the Golden Rule applied to every person in the company and it does not matter whether you are manager or front line employee. What Four Seasons calls its unique service culture is based on a series of insights and beliefs about the person who provides the act of service, and the one who receives it. In writers opinion, the Golden Rule makes the uniqueness and creating a very positive atmosphere within all company and all properties around the world. The scheme below represents the forming of the culture. (Scheme 1) Scheme 1 As readers can see from the Scheme 1 there are several steps leading to the organizational culture. The first step is Philosophy of companys founder. As it was mentioned above Mr. sharp has his own philosophy of service and companys culture which is based on making the service exclusive and personalized. By implementing his own view of the service into Four Seasons Hotels and Resorts Companys structure, Isadore Sharp has created absolutely new type of culture not only for his personal need but also for whole the company. The next step is Selection Criteria, which is based on recruiting and selection of candidates. As we know from the case-study of Four Seasons Hotels Inc., each potential candidate for any position in four seasons Hotels and Resorts had to pass through five interviews and the final one was with the General Manager of the Hotel. In the example above readers can see that selection process in Four Seasons Hotels and Resorts is very difficult. It means that the company ne eds the best employees from the best. The selection process is very important for the company, because managers look for really professionalized persons or persons who have potential to learn and to be trained. The thing is that Four Seasons Hotels and Resorts based on personal service, thats why they have such complicated selection process. The next steps of analyzing Four Seasons culture are Top Management and Socialization. Top Management plays very important role in forming companys culture. As readers can see, in Four Seasons Hotels and Resorts Company, senior executives help to establish behavioral standards that can be adopted by the company. Socialization is a process which helps new employees to adopt into companys culture and implement skills and advantages in practice, by making service in Four Seasons Hotels and Resorts personalized. In addition the Socialization step can be separated into several stages like Pre-arrival stage, Encounter stage and Metamorphosis stage. Al l these stages directly helps in the process of forming the culture of Four Seasons Hotels and Resorts. In writers opinion, Four Seasons company culture is much differentiated form its main competitors. As an example, the companys culture of Ritz-Carlton Hotels and Resorts is based on Gold Standards of the company. Gold Standards consist of six parts which includes the credo, the motto of the company, the three steps of service, service values, the 6th diamonds and the employee promises. (Gold Standards of Ritz-Carlton, 2010). As if follows, Four Seasons and Ritz-Carlton cultures are focused on making the service they provide more personalized, but in addition Four Seasons hotels and Resorts are focused on their employees. As a result, readers can make a conclusion that in Four Seasons Hotels and Resorts, the culture is as guests oriented as employees oriented. To prove this statement, the writer would like to present a phrase maintained in the case-study: Loyalty to guests is important, but employees come first. (Four Seasons Hotels Incs HR Practice., 2009). One of the most important Four Seasons Hotels and Resorts differences from major competitors is that the company is more employees oriented rather other companies in Hospitality industry. As a result it attracts more and more employees to join Four Seasons Hotels and Resorts. How does HRM fit into the companys vision, mission values? Do these reflect a strategic purpose? How does HRM fit into the overall identity of the company, its managers and employees, make recommendations for any improvement and justify these. Four Seasons Hotels and Resorts haves their own vision, mission and values which are behead on Golden Rule. From HRM point of view, it directly into companys values, vision and mission. From the strategic nature of HRM in Four Seasons Hotels and Resorts, they deal with day-to-day issues, but it is also proactive in nature and integrated with other management functions. In addition HRM makes more clarified strategic view of human resource in Four Seasons Hotels and Resorts. From the recruitment point of view, human resource management makes sophisticated recruitment for all employees. In addition it has strong internal labour market for core employees. (Henderson, 2008). One of the most important values of Four Seasons hotels and Resorts is empowerment. HRM is responsible for delivering this feature to employees vision. Empowerment is management responsibility of sharing information, rewards, and power with employees so that they can take personal initiative and make decisions to solv e problems and issues of the guests and improve service quality and performance of the company. It is based concept of giving employees the skills, resources, authority, opportunity, motivation, as well giving them responsibilities of their actions. (BusinessDictionary, 2010). In Four Seasons Hotels and Resorts management pay lots of attention to empowerment because it helps to increase the level of service and in addition it makes employees feeling more responsible and important for the company. Thats why in all Four Seasons properties employees can act and take decisions independently. It means that for human recourse management, employees satisfaction is very important as guests satisfaction. Based on this writer can definitely say that Human Resource Management make big contribution into companys vision, value and mission. In Human Resource Management, trainings play also an important role in employees development and success. As for Four Seasons Hotels and Resorts, trainings ar e transformed into learning and development philosophy transcending job-related training programs. The advantage of trainings in Four Seasons is that all trainings are designed foal all levels of employees including non-management. In addition trainings are designed to develop leadership and personal skills. For example Four Seasons Hotels and Resorts has a special program designed for graduates of hotel schools. Applying to Manager In Training Programs (MIT) is meant that candidates has the attitude to be trained, accept Golden Rule and successfully implement it in their job. (Manager In Training Programms, 2010). In order to improve HRM policy of Four Seasons Hotels and Resort the writer would suggest several steps to make it more balanced between guest oriented policy and employees oriented policy. Four Seasons are trying to balance these two subjects, but it seems that they are a bit confused about it. The solution of this issue is to provide more benefits for their employees. First of all it would increase the flow of qualified persons who have ability to be learnt. From the other hand it would motivate employees to increase their level of education, to apply for mote training programs in order to get career development in the future. The third advantage of increasing employees benefits is that this would change and directly review the policy of the Four Seasons Hotels and Resorts thus make it more employees oriented. But for the other hand the company should not forget about their main goals personalized service for each customer. That is why Four Seasons Hotels and Resorts make their em ployees empowered. The HRM policy of the company is also based on forwarding employees to the right way, the way of Golden Rule. They dont do anything special, but their work is not easy, because Human Resource Department is the first who faced with employees challenges and in addition they have to bring the ideas and values of Golden Rules into employees minds, in order to reach companys goals which are based on exclusive and personalized service in all Four seasons Hotels and Resorts. Does it have effective policies and procedures in HRM? Critically evaluate the ones you have identified. As readers can see from examples above, Four Seasons Hotels and Resorts have very specific HRM policy. The thing is that in Four Seasons Hotels and Resorts Human Resource Management is based on standards, but they dont have lots of rules. As they prefer personalized customer service they do empower their employees, so they can act in any situations. This allows employees to take actions and to feel free to respond all customers needs. As in all situations, there is a risk of making wrong decision. The employee will be responsible for this, but in all cases the company can lose their customer which will affect the company as a whole. As Human Resource policy in Four Seasons Hotels and resorts is more companys philosophy orientated the employee turnover is just a half compared with the whole industry. Four Seasons created their own niche in the hospitality industry. Nowadays Four Seasons Hotels and resort has several main competitors. From HRM point of view, employees benefits are one of the most attractive parts for people who are interested in joining company. The term employees benefits is common for all industries. Employee benefits are all benefits and services, other from wages for time worked, that are provided to employees in whole or in part by their employers. (Definition of Employee benefits, 2010). Below, the researcher presented the table of benefits, which presents the whole picture of benefits policy of Four Seasons Hotels and Resorts and its main competitor Ritz-Carlton. The table will help readers to analyze and examine employee benefits of two main competitors in luxury mid-size hotel niche. In addition both competitors use management contracts model of managing properties. This is very good decision. The thing is that there are several recent examples that show that franchising method of managing properties doesnt work in a proper way nowadays. Development of employees commitment or loyalty directly depends on job conditions provided by employer. That is why providing basic benefits in necessary for big companied like Four Seasons Hotels and Resorts. But in order to attract more employees whey included more benefits in basic conditions. Definitely this action would influence the flow of employees and would increase motivation, which will positive effect the company. Table 1 Benefits Hotel Brands Four Seasons Hotels and Resorts Ritz-Carlton Hotels and Resorts Career growth opportunities Career growth/promotions opportunities Unique deep culture Discounts on spa treatments Best-in Industry training Childcare discounts Luxury environment in magnificent locations world wide Tuition reimbursement Profit sharing / incentive bonus / competitive salaries Income replacement programs (both short and long-term disability) Complimentary stays at Four Seasons properties with discounted meals Discounted accommodation in all Ritz-Carlton Hotels and Resorts Paid holidays / vacation Paid vacation, sick and holiday leave Educational assistance Health and wellness insurance programs Dental and medical / disability / life insurance Life/health/dental/vision insurance Retirement benefits / pension Retirement savings and profit sharing plans Employee service awards Healthcare and dependent care spending accounts Annual employee party / social and sporting events Service anniversary awards Complimentary meals in dedicated employee restaurants Complimentary or low cost meals in your Employee Dining Room (Four Seasons Benefits, 2010), (Ritz-Carlton: Understand Benefits, 2010) After careful comparison of both employees benefits, readers can define several differences, which directly influence the loyalty of employees. In order to make HRM policy more reliable, writer would suggest to enlarge number of benefits. In addition increasing different incentives for line-staff employees would also positive effect Human Resource policy of Four Seasons Hotels and Resorts. If you were the VP of HRM how would you move the company forward in the next five years? Four Seasons Hotels and Resorts is very developed luxury hotel chain.

Tuesday, August 20, 2019

Porter Five Forces Analysis Economics Essay

Porter Five Forces Analysis Economics Essay In 1979 the renowned business strategist Michael E. Porter identified five competitive forces that influence planning strategies in a model called porters five forces. It is a management tool that allows an external analysis of an enterprise, through the analysis of the industry or sector to which it belongs. The competitive forces that this tool considers are: Barriers to entry Threat of substitutes Buyers power Supplier power Degree of rivalry Sorting these forces thus allows a better analysis of the business environment or industry to which it belongs and, thereby, based on this analysis, to design strategies to exploit the opportunities and address the threats. Barriers to entry This point refers to the potential entry of companies that sell the same type of product. If the companies enter to the industry easy, the competition will be more cutthroat. When trying to enter a new business to an industry, it could have entry barriers such as lack of experience, customer loyalty, scarcity  of resources, market saturation, lack of distribution channels, government restrictions or legislationà ¢Ã¢â€š ¬Ã‚ ¦ The analysis of the threat of entry of new competitors it is interesting because it allows us to establish entry barriers that prevent the entry of these competitors. Supplier power It refers to the ability to negotiate with suppliers that have, for example, while there are fewer suppliers, the greater its bargaining power, and that absent such input supply, they can easily increase their prices. Some of the most typical reasons that suppliers might have power are: Many suppliers of a particular product There arent substitutes The product is very important to buyers Switching to another (competitive) product is very costly The analysis of the bargaining power of suppliers, we can design strategies to achieve better agreements with suppliers or, in any case, strategies that allow us to acquire or have more control over them. Buyer power It refers to the ability to negotiate with consumers who have or buyers, for example, while there are fewer buyers, the greater its bargaining power, and that absent such a demand for products, they can claim for lower prices. Besides that there are many buyers, the bargaining power of buyers also might depend on: Volume of purchase The product is not very important to buyers Customers are price sensitive Switching to another (competitive) product is simple The analysis of the bargaining power of consumers and buyers, we can design strategies to attract more customers or obtain greater fidelity or loyalty of these, for example, strategies such as increasing advertising or offering more services or warranties. Availability of substitutes It refers to the potential entry of firms that sell products substitutes or alternatives to the industry. The principal problem could be the similarity of substitutes. For example, if one customer likes coffee but the price of coffee rises substantially, that customer may change the cup of coffee for a tea. In analyzing the threat of substitute products income allows us to design strategies to prevent penetration of companies selling their products or, in any case, strategies that allow us to compete with them. Degree of rivalry This point refers to companies that directly compete in the same industry, offering the same type of product. The degree of rivalry among competitors will increase as raising the amount of these, go matching in size and capacity, lower product demand, prices fall à ¢Ã¢â€š ¬Ã‚ ¦ The analysis of the rivalry between competitors allows us to compare our strategies and competitive advantages of other rival companies thus know, for example, whether to improve or redesign our strategies. Case study Barriers to entry The threat of new entities entering the oil industry is insignificant due the high barriers to entry that exist. Oil industries need a huge capital associated with the activities, but it depends on the area of the market. In addition, it is required an enormous capital for the development of oil fields. For these reasons the threat of new entries are insignificant, these costs cannot be supported by everyone. This does not only include costs for exploration of new fields, but also for drilling, oilfield services, scientific research, materials and energy, all of which create substantial barriers for potential entrants. Other areas of the oil business require highly specialized workers to operate the equipment. Another barrier prevalent here are economies of scale. Due to the increased unit costs in the exploration and production of oil, only big oil companies and refineries that are able to take advantage of economies of scale can survive. This makes things very difficult for new pla yers, since they usually dont have access to a big number of oil reserves. The need to secure access to distribution channels can also create barriers to entry. Usually only major oil companies possess well established channels of distribution. Oil pipelines for some companies, as means of distribution, are costly and require time to build. This creates obstacles for new entrants. However, some of the greatest impediments for potential entrants come from different government policies that favour national companies in different ways. Oil is state owned resources and governments tend to give access to these raw materials to national companies. Most of the oil-rich countries also allow other companies to engage in the exploitation of oil fields, but in partnership with the national company. Supplier power There are a lot of oil companies in the world, but only a small handful of powerful companies dominated the oil business. The large amounts of capital investment tend to eliminate a lot of the suppliers of rigs, refining à ¢Ã¢â€š ¬Ã‚ ¦ There isnt a big competition between them, but they have a bit power over smaller companies. Big oil companies, like Petrobras , have a complex chain of suppliers, ranging from suppliers of oil (fields), to suppliers of engineering, field development management, pipeline installations, specific equipment and materials, or even scientific researchers and engineers. Oil is a scarce resource and we have to speak about OPEC nations. Open nations were the ones to actually nationalize oil production in their countries and take over most of the business from big oil corporations. As OPEC nations own 2/3 of the worlds proven reserves, with oil that is one of the cheapest to produce, they in fact possess significant bargaining power to oil corporations. Therefore OPECs bargaining power is one of the most bargaining powers when it comes to granting oil-fields-concession rights to international companies. The conclusion within this point is that the power distribution between oil companies and their suppliers is that it all depends on the type of the supplier. Big oil companies can exert power due to their position, However, the suppliers of oil fields, with OPEC countries as a specific example, which hold most of the easy-to access oil reserves in the world. Buyer power The oil industry in different comparing with others because the Price of the product is determine on a global level, based on the economic relationship between global demand and supply of oil. The oil customers are refiners, major international companies, national oil companies, marketers, distributors, traders and the countries themselves. The last point it is important due the countries can be the only customers that can exert some degree of bargaining power, through different volumes of demand. These countries are the US, the EU, China and Japan, which account for more than half of the world consumption of oil over the world. Although nowadays countries are experiment with other renewable energies, in the next decades oil will be need and rise especially for transportation and industry. So the conclusion is that only the largest buyers can exert some bargaining power in this market. Availability of substitutes Oil is a dominant and prevailing source of energy, still irreplaceable in many sectors, especially in transportation and industry. The oil exploitation technology is every day more sophisticated, for this reason oil is likely to stay one of the cheapest sources of energy in the following years. However the policies of the countries are working in renewable energies like as: coal, natural gas, renewables (wind, solar energy, From the substitutes, based on the Energy Information Administration, natural gas Governments around the world think also that fossil fuel make a big harm to the planet. The projections are that gas is going to gain significant market share in the industrial, residential and commercial sectors. This is a bad notice to oil industries. Renewable energies, like wind-, hydro- power or hydrogen are expected to slowly but surely increase their market share in the future. However, without major proactive governmental policies aimed at reducing the impacts of carbon dioxide emissions in the atmosphere, the process of adopting renewable energies on a large scale is going to be rather slow. So long as these sources of energy have relatively high production costs, they will not be economically competitive to fossil fuels. The conclusion within this point is that oil energy will predominate the following decades, but the intensive search for alternative energy resources will be a real threat for this product. Degree of rivalry The competitive environment in the oil industry can be described as: a few big and strong players and several smaller players with less power. Most of the oil companies are inside the OPEC, so they operate as a single entity, reducing rivalry or competition among these companies. However, it is true that exist a big rivalry between producers when they need to replace drying fields. This leads to make alliances, acquisitions or mergers. In the end, other factors are: the high fixed and storage costs and the lack of product differentiation. http://www.investopedia.com/features/industryhandbook/oil_services.asp http://www.smalltimes.com/articles/article_display.cfm?Section=ARCHIC=EnergARTICLE_ID=325165p=109 http://www.businessinsurance.com/cgibin/article.pl?articleId=24938 http://www.fngas.com/green.html http://www.newser.com/article/d977f9io0/bargaining-power-shifts-in-the-globalhunt- for-crude-western-companies-look-to-expand.html http://www.financialexpress.com/news/occidental-ousts-shell-in-developing-oman-oil-field/131414/

Monday, August 19, 2019

Strategic Human Resource Management Essay -- HR Management Strategies

However you define the activities of management, and whatever the organisational processes are, an essential part of the process of management is that proper attention be given to the Human Resource function. The human element provides a major part in the overall success of the organisation. Therefore there must be an effective human resource function. In the past, most organisations viewed Human Resource Management (HRM) as an element function, that is an activity that is supportive of the task functions and does not normally have any accountability for the performance of a specific end task. Because of the emphasis on analysis and precision there is a tendency for strategists to concentrate on economic data and ignore the way in which human elements and values can influence the implementation of a strategy. 'Economic analysis of strategy fails to recognise the complex role which people play in the evolution of strategy - strategy is also a product of what people want an organisatio n to do or what they feel the organisation should be like.?(1). Understanding the strategic potential of HRM is a relatively recent phenomenon. Strategic HRM attempts to bring HRM to the boardroom. It requires personnel policies and practices to be integrated so that they make a coherent whole, and also that this whole is integrated with the business or organisational strategy. Strategic HRM has evolved through three main stages. Up until the mid 1960?s HRM comprised mainly a file maintenance stage with most emphasis on selection, recruitment, screening and orientation of the new employee. They also looked after employee-related data and organised the Christmas party. The second stage, government accountability developed with the arrival of the Civil Rights Act and evolved with subsequent laws. To avoid costly legal battles, the HRM function gained in stature and importance. The third stage in HRM development which began in the late 1970?s and early 1980?s was the realisation that effective HRM could give an organisation competitive advantage. Within this stage HRM is viewed as important for both strategy formulation and implementation. For example 3M?s noted scientists enable the company to pursue a differentiation strategy based on innovative products. At the competitive stage, then, human resources are considered explicitly in conjunction with strategic manage... ... Management vol. 32 no. 8 November 1982 pp.263 -9 (7) Peter F. Drucker ?The Practice of Management? Heinemann Professional Publishing 1955 (8) Roethsliger, F.J. and Dickson, W.J. ?Management and the Worker.?, Harvard University Press 1939 (9) Shoshana Zuboff ?In the Age of the Smart Machine.? (10) Derek Torrington and Laura Hall ?Personnel Management, HRM in Action? pp.59 Prentice Hall 1995 (11) Derek Torrington and Laura Hall ?Personnel Management, HRM in Action? pp.28 Prentice Hall 1995 Bibliography Derek Torrington and Laura Hall Personnel Management HRM in Action, Prentice Hall Ltd 1991 Laurie J. Mullins Management and Organisational Behaviour, Pitman Publishing 1994 Kathryn M. Bartol and David C. Martin Management, McGraw Hill 1991 Tom Peters Liberation Management Necessary Disorganization for the Nanosecond Nineties, Macmillan London 1992 Samuel C. Certo Modern Management, Allyn and Bacon 1992 Peter F. Drucker The Practice of Management, Heinemann Proffesional Publishing Ltd. 1955 J. Richard Hackman, Edward E. Lawler III and Lyman W. Porter Perspectives on Behaviour in Organisations, McGraw Hill 1983

Sunday, August 18, 2019

Flannery OConnors A Good Man is Hard to Find and Good Country People

â€Å"A Good Man Is Hard To Find† and â€Å"Good Country People† are two short stories written by Flannery O’Connor during her short lived writing career. Despite the literary achievements of O’Connor’s works, she is often criticized for the grotesqueness of her characters and endings of her short stories and novels. Her writings have been described as â€Å"understated, orderly, unexperimental fiction, with a Southern backdrop and a Roman Catholic vision, in defiance, it would seem, of those restless innovators who preceded her and who came into prominence after her death†(Friedman 4). â€Å"A Good Man Is Hard To Find† and â€Å"Good Country People† are both set in the South, and O’Connor explores the tension between the old and new South. The stories are tow ironically twisted tales of different families whos lives are altered after trusting a stranger, only to be mislead. Each story explores the themes of Christian th eology, new verses the old South, and fallen human nature. In â€Å"A Good Man Is Hard To Find†, O’Connor introduces the reader to a family representative of the old and new Southern culture. The grandmother represents the old South by the way in which she focuses on her appearnace, manners, and gentile ladylike behavior. O’Connor writes â€Å"her collars and cuffs were organdy trimmed with lace and at her neckline she had pinned a purple spray of cloth violets containing a sachet. In case of an accident, anyone seeing her dead on the highway would know at once that she was a lady†(O’Connor 118). In this short story, â€Å"the wild diproportion of the terms, the vapid composure that summons up the ultimate violence only to treat it as a rare social opportuinty, and the cool irony with which O’Connor presents the sentence makes it both fearful and ludicrous†(Asals 132). The irony that O’Connor uses points out the appalling characteristics of the grandmother’s self-deception that h er clothes make her a lady and turns it into a comic matter. Flannery O’Connor goes to great length to give the reader insight into the characters by describing their clothes and attitudes. The fact that the grandmother took so much time in preparing herself for the trip exemplifies the old Southern tradition of self-presentation and self-pride. The grandmother takes pride in the way she presents herself because she wants everyone to know that she is a â€Å"lady†. Bailey’s, the grandson’s, family repre... ...ition, she presents the reader with the differing generations of the old and new south, and she illustrates the contrasting views between the two. O’Connor is not afraid to question Christian theology or the Southern culture. Her irony and satire add depth to ther stories, and her deep cultural analysis of the South brings a higher level to her writings. O’Connor also explores the concept of fallen human nature and how it is brought about. Overall, O’Connor’s works prove to be very in depth in both her social and cultural analysis of the South. She is not afraid to critique the society in which she grew up and lived. Works Cited Asals, Frederick. Flannery O’Connor: The Imagination of Extremity. Athens, Georgia: The University of Georgia Press, 1982. Bleikstan, Andre. â€Å"The Heresy of Flannery O’Connor†. Critical Essays on Flannery O’Connor. Ed. Melvin J. Friedman and Beverly Lyon Clark. Boston: G. K. Hall & Co., 1985. Friedman, Melvin J. Introduction. Critical Essays on Flannery O’Connor. Ed. Melvin J. Friedman and Beverly Lyon Clark. Boston: G. K. Hall & Co., 1985. O’Connor, Flannery. The Complete Stories of Flannery O’Connor. New York: The Noonday Press, 1971. Flannery O'Connor's A Good Man is Hard to Find and Good Country People â€Å"A Good Man Is Hard To Find† and â€Å"Good Country People† are two short stories written by Flannery O’Connor during her short lived writing career. Despite the literary achievements of O’Connor’s works, she is often criticized for the grotesqueness of her characters and endings of her short stories and novels. Her writings have been described as â€Å"understated, orderly, unexperimental fiction, with a Southern backdrop and a Roman Catholic vision, in defiance, it would seem, of those restless innovators who preceded her and who came into prominence after her death†(Friedman 4). â€Å"A Good Man Is Hard To Find† and â€Å"Good Country People† are both set in the South, and O’Connor explores the tension between the old and new South. The stories are tow ironically twisted tales of different families whos lives are altered after trusting a stranger, only to be mislead. Each story explores the themes of Christian th eology, new verses the old South, and fallen human nature. In â€Å"A Good Man Is Hard To Find†, O’Connor introduces the reader to a family representative of the old and new Southern culture. The grandmother represents the old South by the way in which she focuses on her appearnace, manners, and gentile ladylike behavior. O’Connor writes â€Å"her collars and cuffs were organdy trimmed with lace and at her neckline she had pinned a purple spray of cloth violets containing a sachet. In case of an accident, anyone seeing her dead on the highway would know at once that she was a lady†(O’Connor 118). In this short story, â€Å"the wild diproportion of the terms, the vapid composure that summons up the ultimate violence only to treat it as a rare social opportuinty, and the cool irony with which O’Connor presents the sentence makes it both fearful and ludicrous†(Asals 132). The irony that O’Connor uses points out the appalling characteristics of the grandmother’s self-deception that h er clothes make her a lady and turns it into a comic matter. Flannery O’Connor goes to great length to give the reader insight into the characters by describing their clothes and attitudes. The fact that the grandmother took so much time in preparing herself for the trip exemplifies the old Southern tradition of self-presentation and self-pride. The grandmother takes pride in the way she presents herself because she wants everyone to know that she is a â€Å"lady†. Bailey’s, the grandson’s, family repre... ...ition, she presents the reader with the differing generations of the old and new south, and she illustrates the contrasting views between the two. O’Connor is not afraid to question Christian theology or the Southern culture. Her irony and satire add depth to ther stories, and her deep cultural analysis of the South brings a higher level to her writings. O’Connor also explores the concept of fallen human nature and how it is brought about. Overall, O’Connor’s works prove to be very in depth in both her social and cultural analysis of the South. She is not afraid to critique the society in which she grew up and lived. Works Cited Asals, Frederick. Flannery O’Connor: The Imagination of Extremity. Athens, Georgia: The University of Georgia Press, 1982. Bleikstan, Andre. â€Å"The Heresy of Flannery O’Connor†. Critical Essays on Flannery O’Connor. Ed. Melvin J. Friedman and Beverly Lyon Clark. Boston: G. K. Hall & Co., 1985. Friedman, Melvin J. Introduction. Critical Essays on Flannery O’Connor. Ed. Melvin J. Friedman and Beverly Lyon Clark. Boston: G. K. Hall & Co., 1985. O’Connor, Flannery. The Complete Stories of Flannery O’Connor. New York: The Noonday Press, 1971.