Job Satisfaction Essay Example | Topics and Well Written Essays - 22500 words

Job Satisfaction - Essay Example Employee satisfaction is the most important factor for the successful operation of companies nowadays. When the employees are satisfied, it improves the performance and productivity of the company and contributes towards the profitability. On the other hand, low job satisfaction has negative results such as increasing cost, decreasing profits and customer dissatisfaction. In order to be successful companies need to concentrate on increasing employee’s satisfaction so that employees’ retention rate can be increased. Past studies have shown that employees’ satisfaction can be increased by the following: †¢ a sense of engagement and decision-making responsibilities †¢ use of skill and abilities †¢ opportunities to advance †¢ opportunities to learn new skills †¢ positive communicative relationships with supervisors, and †¢ good pay and training. Job satisfaction has been defined by Locke as â€Å"the pleasurable or positive emotional state that results from an employee's job or experience associated with the job†. Moreover as discussed in, job satisfaction is â€Å"the fulfilment and gratification that comes from work†, it is not really the money or the benefits received but the positive feelings experienced from accomplishing tasks. Every job holds the potential to provide certain levels of satisfaction related to individual employees. Job satisfaction is an important factor especially in high risk environment like oil and gas in terms of the potential hazard towards the safety of an employee.

Intellectual property law (need top marks) Essay

Intellectual property law (need top marks) - Essay Example Since its implementation from the year 1911, application of the Copyright Act has become mandatory for various sectors to use and follow this system. In order to keep parity with the forms of offensive acts in this field several changes have been done in the existing form of the Act and finally it was implemented in the year 1988.1 Copyright is associated with creative works associated with literature, drama, music, films, broadcasting network to the typographic arrangement of various editions. Copyright does not include a work where a mismatch can be noticed between the requirement and the qualification.2 Due to technological progress scope of the intellectual property rights has become broader and an individual, who wishes to protect his creative works, coming within scope of the Act, is required to register the work. However, in the UK legal context, if a person wishes to exercise his/her intellectual property rights, no registration is required for copyright purpose. It is a completely costless procedure, both simple and flexible. When it comes to protection of information through the Intellectual property rights, introduction of the Internet is the most effective instrument.3 However, if a person wants to bring his work within the scope of copyright protection, it is required that his idea should be a novel and genuine at the same time. Business names and product names does not belong to group for copyright, rather they are protected as trademarks.4 The 1988 Copyright act contains certain factors which makes it an inferior commercially to exploit various copies that is known by the defendant. The right does not deal with those people who carry out direct infringement of copyright but applied to those people who deal commercially with infringing copies. Secondary infringement of copyright material covers the area of importation,

Yamaha motors :: essays research papers

Introduction Ever since its founding as a motorcycle manufacturer on July 1, 1955, Yamaha Motor Company has worked to build products which stand among the very best in the world through its constant pursuit of quality; and at the same time, through these products, it has sought to contribute to the quality of life of people all over the world. Following on the success of our motorcycles, Yamaha began manufacturing powerboats and outboard motors in 1960. Since then, we have used our engine and FRP technology as a base to actively expand and diversify our areas of business. Today our fields of influence extend from the land to the sea and even into the skies as our business divisions have grown beyond our Motorcycles operations to include Marine operations, Power Product operations, Automotive Engine operations, Intelligent Machinery operations, Sky operations and our PAS operations. corporate mission We create â€Å"kando† 'Kando' is a Japanese word for the simultaneous feelings of deep satisfaction and intense excitement that we experience when we encounter something of exceptional value. At Yamaha Motor, we believe that Kando can be generated by products and services that surpass customers expectations. We strive to achieve our corporate mission by adhering to three principles: We must remain keenly aware of customers' evolving needs to provide them quality products and services of exceptional value that surpass their expectations. We can and will earn a fair profit by putting forth a superior effort to satisfy our customers. Our corporate environment should be staffed with autonomous, empowered employees. In cultivating our employees' creativity and abilities, we will establish an equitable system of evaluation and rewards. As a good corporate citizen, we act from a worldwide perspective and in accordance with global standards. We will work locally to better the social environment, and think globally in helping preserve the natural environment. 1. Management Policy for 2004 There is some sense of anticipation that the Japanese economy will recover in 2004, reflecting the bottoming out of stock prices. However, business conditions remain unpredictable for Yamaha Motor, resulting from such factors as uncertainty in the U.S. economy, due mainly to the situation in Iraq and the appreciating yen against the U.S. dollar. In 2004, we plan to expedite the reforms spelled out in our medium-term management plan. By implementing global strategies and establishing a profitable structure, we will swiftly build a robust corporate structure capable of withstanding exchange rate fluctuations even if the yen continues to become stronger.

Business Finance Written Assignment

Q1. Define an â€Å"efficient market† and the three forms of market efficiency. Explain how each of the forms differs from a perfect market. Define arbitrage and explain what kind of information is needed for you to obtain arbitrage in each of the forms of market efficiency. (5 points) Q2. Please compare the advantages and disadvantages of the following investment rules: Net Present Value (NPV), Payback Period, Discounted Payback Period, Average Accounting Return, Internal Rate of Return (IRR) and Profitability Index (PI). You can start by considering the following questions for each investment rule: Does it use cash flows or accounting earnings? Does it consider all cash flows or not? Does it apply a proper discount rate? Whether the acceptance criteria are clear and reasonable? In what situation it can be applied? What kind of weakness does it have? ) (5 points) Question 1 An efficient market is advocated by a hypothesis that under free movement of information, the true valu e of securities are fairly priced, which immediately and accurately reflect all information available to investors.By the assumptions that rational investors evaluate the price by ascertained future cash flows, and are able to learn and react quickly to new information once delivered, investors do not expect to achieve returns in excess of average market returns. The three forms of market efficiency are weak, semi-strong, and strong. Different degree of information is reflected by price in different forms. Under weak form, the prices reflect all past publicly available information, like historical prices movements. Under semi-strong form, the prices reflect all publicly available information, like financial statements and news reports.Under strong form, the prices reflect all public and private information. Generally, because of quick reflection of information in price and quick response of investors to the market, it is impossible for investors to obtain or use new information to f ind undervalued stocks. To illustrate, in weak form, using past prices for technical analysis is useless to predict future trend as past information is irrelevant to the future. In semi-strong form, using fundamental analysis is not useful as the prices are immediately adjusted once the information widely circulated in the market.In strong form, finding undervalued stocks is not consistent as all information is well known. Thus, no investors can earn excess return by trading the information or selling the stocks with too high expected returns. A perfect market is where no arbitrage opportunities occur (i. e. Law of One Price) because complete information is shared among all investors. Compared with efficient market, no distinction in degree of information is reflected in price here. Arbitrage means the practice of buying and selling equivalent goods in different markets to take advantage of a price difference.An arbitrage opportunity occurs if making a profit without taking any risk . An efficient market does not necessarily mean investors cannot yield excess return. Instead, an arbitrage opportunity does exist if they ask for appropriate information quickly. If a market achieves strong form efficiency given that it is mature enough, no investor can yield any excess return in long run. Thus, no more information is needed. On the other hand, private and latest public information are needed to obtain arbitrage in semi-strong and weak form efficiency respectively. (395 words) Question 2 Use of cash flows and discount rateAll investment rules are determined by estimated cash flows but only NPV, IRR and PI consider all cash flows throughout the project’s life. Except payback period, the cash flows are discounted by proper discount rate under each rule. A positive NPV expects the project adding value to firm and shareholders’ wealth. All discounted expected future cash flows are taken into consideration compared with the initial cost. The discount rate estimates the risk level and the return and thus it is appropriate. Thus, NPV is the best because it accounts for time value of money and risk of cash flows.IRR is the return that set NPV to zero. Similarly, the calculation is based on cash flows and discount rate (i. e. same benefit as NPV). It provides a simple tool without estimating all details but intuitively appealing to know. If IRR is high enough, the time spent on estimating a required cost of capital is avoidable. PI measures benefit per unit cost based on time value of money to estimate an additional value to firm. Two versions of PI provide same decision and both are easy to understand and communicate. For calculating PI, NPV calculation is used and thus PI’s advantage is same as NPV’s.Payback period is the amount of time for future cash flows taken to recover the initial investment. It is a scanning tool for uncertain cash flows. However, it ignores cost of capital and time value of money since only cash f lows for that current period are concerned. Also, not all cash flows are considered as cash flows beyond payback period are ignored. Similar to payback period, the only difference is discounted payback period better considers discount rate (i. e. time value of money). Therefore, payback period on a discounted basis will be longer. Clearness and reasonableness of acceptance criteriaNPV, IRR and PI can provide clear and reasonable criteria while only NPV can be applied to all situations. The NPV rule is to accept a stand-alone project with positive NPV or a mutually exclusive project with the highest NPV. As NPV is estimated absolutely, the rule can still be applied despite of different scale of projects. The IRR rule is to accept a stand-alone project with IRR greater than cost of capital or a mutually exclusive project with the highest IRR. However, IRR rule is consistent with NPV rule only if all negative cash flows precede positive cash flows. In other words, the conflict is due t o non-conventional ash flows and change in signs more than once. Thus, non-existent or multiple IRR(s) may cause uncertainty in decision making. IRR is unreliable when mutually exclusive projects are different in scale, risk and time horizon. PI is closely related to NPV, generally leading to identical decisions. PI helps evaluate and identify the optimal combination under resource constraint, especially for limited budget. The project with the highest PI should be chosen first. Nevertheless, it ignores the size factor and thus leads to incorrect decisions among mutually exclusive projects.Moreover, PI cannot be applied during multiple resource constraints. The rule of (discounted) payback period is to accept the project if it is less than a pre-specified length of time. It is easily understood and simply used because of clear acceptance criteria. However, an arbitrary cutoff point is required for determination. It is subjective since ignoring the impact of cash flows after payback period favors short –term projects and biases against long –term projects. Conclusion NPV is the most commonly used investment criteria and true at any time. If any conflicts exist among the investment rules, NPV rule should prevail. 605 words) Reference 1. Hong Kong Institute of Investors (2001), â€Å"Efficient Market Hypothesis†, retrieved 1 April 2012, from http://td. hkii. org/investu/168ch7/7-5. php 2. NYU Stern, â€Å"Market Efficiency – Definition and Tests†, retrieved 1 April 2012, from http://pages. stern. nyu. edu/~adamodar/New_Home_Page/invemgmt/effdefn. htm 3. Wikipedia, â€Å"Efficient-market hypothesis†, retrieved 1 April 2012, from http://en. wikipedia. org/wiki/Efficient-market_hypothesis 4. Wretch (21 February 2006), â€Å"Efficient Market Hypothesis†, retrieved 1 April 2012, from http://www. wretch. cc/blog/jeysafe/3421966

Essay about Understanding Good Practice in Workplace Coaching

UNDERSTANDING GOOD PRACTICE IN WORKPLACE COACHING What is coaching – â€Å"The coach works with the clients to achieve a speedy, increased and sustainable effectiveness in their lives and careers through focused learning. The coach’s sole aim is to work with the client to achieve all of the client’s potential-as defined by the client† The Coaching Manual Starr, J 2008. There are fundamental personal qualities, coaching competencies and skills that are needed to become a good coach. These include but are not limited to Be an active listener this is when the coach is focused on what you are saying, recording facts and paying attention Capable of building rapport this can be done with being a good observer of body language and non†¦show more content†¦When setting up a coaching session a way in which the coach can ensure that the coach carries out the coaching relationship in a professional manner, is to set up a contract with the client prior to the start of the relationship. This may be either written or verbal but should include both the coach and clients expectations, responsibilities if the worst fears materialise, it should also include the issues of confidentiality, boundaries and professional and ethical conduct. It is important that the client is assured that any information revealed in the coaching session is confidential and kept that way, this promotes trust and confidence in the relationship, which in turn will promote openness. Learning styles and barriers to learning can be by the VARK to give a profile of learning preferences of how a person takes in and gives out information or Tidwell and Rodgers Practical learning styles Questionnaire. The VARK learning styles determines if the person learns by being a theorist, reflector, activist and/or pragmatist. The practical learning styles questionnaire looks at how people learn by their orientation, whether they are a realistic or creative, by their interaction, are they a doer or a thinker, by how they represent things, either by words or pictures, and how they process information, whether they are a surface or deep processor. There are many otherShow MoreRelatedUnderstanding good practice in workplace coaching3237 Words   |  13 PagesASSIGNMENT : UNDERSTANDING GOOD PRACTICE IN WORKPLACE COACHING UNDERSTANDING THE CONTEXT FOR EFFECTIVE WORKPLACE COACHING †¢ 1.1 Describe and define the purpose of workplace coaching Coaching as defined by the International Coach Federation (ICF) is: †¦ an ongoing partnership that helps clients produce fulfilling results in their personal and professional lives. 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I choose this article to discuss based on Dr. Welfel’s discussion in Chapter 12 regarding â€Å"The Ethics of Coaching† where she asked the question â€Å"what constitutes competent and ethical coaching?† regarding coaching as a practice activity for mental health professionals that has emerged fairly recentlyRead MoreIntroduction to Business Communications Essay1194 Words   |  5 Pagesmeans to be a ‘’good ‘’Communicator? A good communicator is an individual that can listen, organized, clarity, a being sincere. Understanding their communication style, because understanding your communication style is the key to being a great communicator whether it is being aggressive, passive, or passive aggressive. After knowing your communicating style you must be able to use your communicating skills in order to perform your job and make your company a success. And being a good communicator isRead MoreWho Is a Line Managers?1709 Words   |  7 Pagesquality dealing with customers/clients measuring operational performance. As examined in detail below, line managers in many organisations also carry out activities that have traditionally fallen within the remit of HR such as providing coaching and guidance, undertaking performance appraisals and dealing with discipline and grievances. They also often carry out tasks such as recruitment and selection or pastoral care in conjunction with HR. The role of line managers in implementing HRRead MoreThe Rogerian School of Thought1093 Words   |  5 Pagespotential of their abilities. Rogers views human beings as inherently good and they desire to self-actualize (Peltier, 2009). Rogerian thought is also commonly referred to as person-centered, client based, or the emphatic approach. The true purpose of coaching is to facilitate a behavioral change through a client’s self-awareness and discovery. The Rogerian approach aligns particularly well with this purpose by allowing the coaching process, itself, to lead the client in discovering his or her ownRead MoreManagement Styles1130 Words   |  5 Pagescomplete break down would be: Leadership by: • Coaching • Competition • Data • Empowerment • Example • Exception • Model • Objectives • Process • Relationship • Teamwork • Vision Most effective leaders employ a combination of different types of management styles to reach different types of employees. As an example a manager using the coaching style of leadership will act more as a trainer than a boss. That manager will have employees practice tasks and try to motivate them to learn more

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Barriers to Quality Healthcare for People with Disabilities

In a perfect world with unlimited time and money, health-care would be easily accessible for all patients; from businessmen making millions on Wall Street down to the homeless living on the street, all patients would be treated equally. However, the real world is far from a perfect place, and a large portion of society is neglected and discriminated against in receiving the healthcare they need: the disabled population. Over a billion people in the world have some form of disability with between 110 million and 190 million having significant trouble in functioning.1 With resources limited, these disabled patients do not have all the luxuries some other people may have in the aspect of health-care creating a viscous cycle of people needing more care yet not being able to receive it. The main problem of providing healthcare to individuals with disabilities lies within the inherent barriers of access to quality care for these patients. These barriers include lack of finances, lack of sp ecial equipment in facilities, and difficulties training providers to work with these patients. It is up to pharmacists and other healthcare providers to use the skills learned not only by their own individual specialties and practices but the skills learned by working together to help disabled persons receive the care that they need unobtainable by other means. The first main barrier to quality healthcare for people with disabilities is related to finances. People with disabilities often lackShow MoreRelatedThe Disabled And Mentally Disabled Youth Transitioning For Adults Experience Improper Health Care1024 Words   |  5 Pagesto adulthood, the in depth healthcare they received before dwindles, if not already, cuts off completely. The highest rates of this phenomenon are among the disabled children of minorities. Predominantly due to the high rate of individuals having no insurance coverage, along with other socio economic reasons such as low income, gender, and housing demographics. Other disparities in individuals’ health are the improper treatment by healthcare providers and the healthcare system. These inequalitiesRead MoreUnit 503 Qcf 5 Essay1501 Words   |  7 Pagesregulate equality diversity and inclusion with each area of responsibility. Below is a list of acts. Every child matters Rights to action Equality act 2010 Essential standards for quality amp; safety compliance criteria The equal pay act 1975 The disability discrimination act 1995 Race relations act 1976 The children act 1989 The children act 2004 The NHS and community care act 1990 The data protection act 1984 The mentalRead MoreDisparities Within The Health Care Environment1702 Words   |  7 PagesHealthcare Disparities Healthcare disparities have been an issue all over the world for a very long time. The purpose of this paper is to give you knowledge on disparities within the health care environment. This paper will discuss the definition of disparities, types of disparities, reasons for disparities, statistical data from trends and reports, and information on disparities elimination and improvements. What are healthcare disparities? Defining a disparity can eliminate confusion that disparitiesRead MoreA Sociological Perspective On The Doctor Patient Relationship1616 Words   |  7 Pageseffective healthcare. Individuals with disabilities, however, often face varying degrees of discrimination within the field of healthcare from its providers, ultimately hindering the doctor-patient relationship and its span of effectiveness. This paper seeks to synthesize and analyze findings from an array of literature research to answer the following question: What are the social explanations for the often negatively biased attitudes of healthcare providers toward individuals with disabilities? A sociologicalRead MoreEpidemiology Paper Part Two : Analysis And Application Essay1245 Words   |  5 Pagesinequalities in access to care, quality of care and interventions to reduce disparities, and outcomes (Chin, 2005). It is important for the Doctor of Nursing Practice (DNP) to understand identif ication of â€Å"at risk† populations when moving to develop a plan to intervene and improve statistical health outcomes. This paper will identify an â€Å"at risk† population, address how the health risk for this population can be affected by nursing science, discuss potential barriers to health prevention and promotionRead MoreEssay about vulnerable population1581 Words   |  7 Pagesto reduce or eliminate disparities in healthcare by 2010, significant disparities, including risk factors, access to healthcare, morbidity, and mortality, continues in vulnerable populations. For example, studies find that Americans living in poverty are much more likely to be in fair or poor health and have disabling conditions, and are less likely to have used many types of healthcare. I believe that more effort should be made to bring affordable healthcare to vulnerable population Read MoreThe Determinants Of Health Framework1168 Words   |  5 Pageslanguage and culture of Indigenous or Aboriginal peoples, impact their access to healthcare, and overall quality of that care. Aboriginal peoples face many more challenges in maintaining their health in comparison to the general population (Cameron, Camargo Plazas, Santos Salas, Bourque-Bearskin, Hungler, 2014). To understand why this may be, we will be discussing exactly how their culture and language may impact their access to quality healthcare, and how nurses can venture a response to theseRead MoreThe Gap Between Academia And Clinical Practice857 Words   |  4 PagesAccording to Billing and Halstead (2012), the goals from Healthy People 2020 includes a focus on reducing disparities, preventable diseases, disability, injury, and premature death in improving health care for all. Further, the role of the nurse educator must bridge the gap between academia and clinical practice. Nursing education fa ces great transformation as faculty strive to adapt curricula to prepare graduates at all levels of education for an increasingly complex workforce that has greater practiceRead MoreImportance Of Communication In Pharmacy1000 Words   |  4 PagesPharmacy Services to provide quality patient care especially for Pharmacy Technicians who involve in communication on their daily tasks. Strong communication skill is an important key behind the scene with other healthcare professionals which is as important as good customer service to achieve customer satisfaction. The tools use in interacting with others properly is the Interpersonal skills wither verbal communication or non-verbal communication ways to understand people needs. This report is goingRead MoreHigh Rates Among Various Ethnic Backgrounds1060 Words   |  5 Pages Healthcare disparities exist at higher rates among various ethnic backgrounds as well as individuals with disabilities. Although receiving good healthcare should b e a privilege, statistics have shown that social determinants such as poor education, low income, limited access to quality care, as well as environmental factors have contributed to healthcare disparities. If society could improve barriers like health education, communication, and healthcare cost, quality healthcare could be successfully