Credit Cards And Bank Accounts - 1430 Words

Most importantly a company should protect their assets, specifically their credit cards and bank accounts. Credit cards and bank accounts are a common source of fraud and should be recognized as the most important advice to adhere to (Beesley, 2013, para. 5).Professionals recommend â€Å"separating your personal banking and credit cards from your business accounts – this will ensure fraudsters don’t get their hands on all your money. This will also make it easier to track your business expenses and report deductions on your tax return† (Beesley, 2013, para. 5). It is also recommended that credit cards are not shared with employees within the company. There are many advancements in technology that allow for reduced use of having to tote around†¦show more content†¦8). Forbes Magazine offers a recommendation for using a â€Å"dedicated computer for banking† (Beesley, 2013, para. 9). Individual personal uses of the internet are recommended to be abstained from on this computer. Online activity that should be avoided include â€Å"social media, email, and web-surfing which can open up the machine to vulnerabilities† (Beesley, 2013, para. 9). Passwords are recommended to protect unwanted entry into secured systems (Beesley, 2013, para. 10). It is advised that passwords are changed periodically to avoid hackers breaching the system. Every three months is recommended. Also, never use the same password for all your passcode’s, in the event one is solved, all your accounts would be at risk (Beesley, 2013, para. 10). Education is the foundation for success. This is true in every aspect of life, but within a company employees need to be educated in preventative tactics. Education of how to react to security threats are a great asset in the event of a situation where security is at risk (Beesley, 2013, para. 10). Enforcement of new rules and policies on how to handle â€Å"company confidential information, including financial data, personnel and customer information† is needed as well (Beesley, 2013, para. 11). One major resource that companies have at their disposal is administering employee background checks when hiring a new employee. Employees are the motor of a company and are

The Strategy And Priorities Of The Product Service

1. SUMMARY The base line of this case study is to identify a service along with three different providers of that service and compare the different competitive priorities and operating strategies such as cost, quality, time, flexibility, product range†¦ etc. for these three different service providers with the help of â€Å"COMPETITIVE PRIORITIES BY KRAJEWSKI RITZMAN† and â€Å"ORDER WINNING CRITERIA BY T. HILL† . Each and every corporate objectives and marketing strategies are taken into deliberation to comprehend how the services win orders in the market place, by taking source from the particular provider’s promotional information and reviews. Every service developers comes up with disparate new ideas to provide best service quality to the costumers. Some of the provider’s concentrate on wide range of the services and some on low cost and some of them concentrate on quality in the service, because every costumer will have different personalized priorities. In this study we are going to compare operations strategy and priorities of the product service that is being provided to the costumer. The below disquisition depends predominantly on the advancement information of the manufacturer and costumer reviews on the service. 2. SERVICES A service is an activity or series of activities of more or less intangible nature that normally, but not necessarily, take place in interactions between costumer and service providers or physical resources or system of the service providers which areShow MoreRelatedOperation Strategy Within an Organization1287 Words   |  6 PagesOperation Strategy within an Organization Raven Davis MGT 4850 Operation Strategy within an Organization Operation strategy has been defined as â€Å"the development of a long term plan for using the major resources of the firm for a high degree of culpability between these resources and the firm’s long term corporate strategy.† (Davis, 2007) Operation strategy is a very important function for any organization. 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The highly spiritedRead MoreCompetitive Priorities of Amul1092 Words   |  5 PagesDefinition of Operations Strategy: Operations strategy is the total patterns of decisions and actions which set the role, objectives and activities of the operation so that they contribute to, and support, the organization’s business strategy. Operations strategy addresses very broad questions about how these major resources should be configured to achieve the desired corporate objectives. Some of the major long-term issues addressed in operations strategy include: * How big to make

Three Symbols in the Great Gatsby free essay sample

â€Å"The Great Gatsby† to criticise America from straying from the â€Å"American Dream†. Typically the American society tries to follow the American Dream, which is a dream of a society that allows everyone, no matter what economic class they were born into, to be able to accomplish whatever they want with hard work. With this principle no matter their social class Americans should be able to accomplish anything. Fitzgerald thought that the American society wasn’t following the American dream; he successfully used symbols to criticize different aspects of American society, showing the weakness of each deviation from the American Dream. Many symbols were used, but the three most significant symbols were: the â€Å"green light†, the godliness of the eyes of Dr. T. J. Eckleburg and the sadness of the â€Å"Valley of Ashes†. Each symbol played a key role in Fitzgerald’s criticism. How did these symbols play a key role in Fitzgerald’s criticism of the American society that doesn’t follow the American Dream? The first of the three symbols, the green light, was a powerful tool in which Fitzgerald used to criticise the loss of the American Dream from the American society. The green light was important because it represented the endless â€Å"hope† of which the American Dream promises. The hope for a desire should never be lost if the American Dream is followed correctly; Fitzgerald showed that this isn’t always true in the American society by showing that Gatsby’s hope fades away when he realizes because of class distinction he will never be able to marry Daisy. Fitzgerald emphasizes this though Nick Caraway, his narrator, who observes: -â€Å"Possibly it had occurred to him that the colossal significance of that light had now vanished forever. † (The Great Gatsby, pg. 125) Fitzgerald used Nick to show as Gatsby begins to realize that Daisy will never leave Tom and go with him, that the green light slowly begins to fade and symbolically so does his hope, his hope was what kept him going and now it was gone he had nothing to live for. When Gatsby’s hope dies does his will to live dies also. Gatsby realizes that because he wasn’t born in the upper class he wouldn’t be able to accomplish his dream. A green light means go, but in this case Gatsby has had to stop, thus stoping his hope and his American Dream. Fitzgerald is then able to symbolise how the American Dream has â€Å"stoped† in the American society. How did this play a key role in the criticism of the American society? It allowed the reader to see that even though some Americans work their hardest for something they were still not able to accomplish their dream because of the class they were born into, this completely goes against the American dream thus allowing Fitzgerald to criticise the American society on this aspect of the American society. The eyes of Dr. T. J. Eckleburg symbolizing God’s eyes watching over the people played a key role in the criticism of the American society because the reader was able to view the actions of various characters as being contrary to what God would agree with. Fitzgerald could then use the reader’s dislikes of the behaviour of the characters to inturn dislike the society. The readers disliking the society allowed Fitzgerald to criticise the American society more effectively. In order for a successful criticism the reader needs to agree with the criticism. If a reader sides with the group that is being criticised they probably won’t agree with the criticism, but with Fitzgerald using the eyes of Dr. T. J Eckleburg he was able to make the reader dislike the society, and in turn the reader wouldn’t want to side with them. The symbolism of the eyes of Dr. T. J. Eckleburg was made clearer to the reader when Michales looked to the billboard in the following quote: -â€Å"Standing behind him, Michales saw with a shock that he was looking into the eyes of Dr. T. J. Eckleburg. †( The Great Gatsby, pg. 152 ) Michales realizing the symbolism of the eyes of Dr. T. J. Eckleburg allowed the reader to realize this symbolism too. The reader than could decide that some actions of some characters were immoral. Fitzgerald went on to write that the sign was faded. This symbolized that god was leaving the hearts of the people allowing the reader to find more fault in the American society. Why were the eyes of Dr. T. J Eckleburg one of the most important symbols in the criticism of the American dream? For Fitzgerald to show that the society was doing things against God’s will, depicts that what they are doing is very immoral. A religious reader will probably want to side with what God judges so they would also think that some characters in the American society were immoral. The reader would then be more against the American society allowing Fitzgerald to better criticise it because the reader won’t be trying to defend it if they were against it. The American Dream allows all Americans the same opportunities for self improvement. The Valley of Ashes was a key force in the criticism of the American Dream because it was used in two literary devices of setting and symbolism. Fitzgerald by establishing the setting in the Valley of Ashes allowed the reader to better relate to the working class because they could see a very detailed picture of the daily life of the working class. The Valley of Ashes depicts the working class as not getting the same opportunities as the upper class for self improve. The working class will probably stay in the working class forever and so will their children. Fitzgerald tells this with the use of his narrator Nick Caraway’s description of the Valley of Ashes -â€Å"But above the gray land and the spasms of bleak dust which drift endlessly over it†¦Ã¢â‚¬  (The Great Gatsby pg. 26) The bleak dust that â€Å"endlessly covers† the land symbolizes how the working class lives are static, non-changing. Fitzgerald by showing the poor conditions of the working class makes the reader feel pity for the working class, causing the reader to be against that aspect of American society that puts the lower class into poverty. The idea of someone not being able to accomplish something just because of the circumstances of which they were born shows the corruption of the American society. How was the Valley of Ashes one of the most important symbols for Fitzgerald to use in the criticism of the American society that follows the American dream? The Valley of Ashes showing the poor qualities of the working class makes readers realize that some Americans aren’t able to accomplish their dreams because of circumstances from when they were born goes against the principles of the American Dream. Fitzgerald was better able to criticize the American dream with the use of three symbols. His symbols allowed the reader to, better relate to his writing, use prior knowledge to help in the understanding of his criticism, have a visual picture of the working class, and realize the flaws of some characters in a religious sense. The green light played one of the most important roles because without out it the reader wouldn’t have realized that people in the American society that do try to follow the American dream and work their hardest sometimes aren’t able to accomplish their dream thus showing that America isn’t following the American Dream. The seconded of the most important symbols was the Valley of Ashes, without the valley of ashes the reader wouldn’t have realized that sometime a person isn’t able to accomplish something because of the status of which they were born. The last most important symbol used was the eyes of Dr. T. J. Eckleburg with this symbol Fitzgerald was able to move the reader against the actions of the American society because he showed that god was against the actions, if the reader was against the actions than Fitzgerald could criticise the actions of the American society more effectively because the reader would agree more with what he was saying. Without the above three symbols playing their key role in the criticism of the American society, Fitzgerald’s criticism of the American society not following the American dream wouldn’t have been as greatly done.

People today are looking for much more than a pay check Essay Example

People today are looking for much more than a pay check Essay It is essential to remark that employees are not just human beings; they should be treated as assets also, because they are the economic resource that is valuable for the companys development and well-being. Nowadays, at the core of a commitment to an organization is the quality of the relationships that laborer have with their managers. It is the respect, the trust, and consideration toward the individual that motivates them performing exclusively (Nelson, 1997). In reality, the crucial outcome for the manager would be the fact that the workers are sharing the companys interests because they were challenged, inspired and supported. However, it does not mean that the abovementioned management strategy is the only one or the most appropriate one for every company. One size does not fit all. Traditional accounting systems find themselves challenged in deciding whether people could be valued as assets. There is a moral argument involved whether treating people as intangible assets is e quivalent to dehumanization (Mayo, 2000). Treating employees as if they truly were assets maybe would not only impact how they get accounted for by the company, but how, such treatment would positively affect the organizations long-term performance in financial aspect (Lustgarten, 2003). However, the emphasis should be put on the human factor because that is what energizes employees in reality feeling of belongingness. Utilitarian Instrumentalism v Developmental Humanism In 1960 Douglas McGregor developed two sets of theories in human resource management: Theory X and Theory Y. They are based on radically different assumptions (McGregor, 1960). According to Theory X people are lazy by nature, only pursuing their own interests. Workers have no ambitions and they avoid responsibility. No development is needed, enthusiasm exists rarely. Because of indifference, people cannot be trusted. Therefore they need to be strictly controlled. It does not reflect human nature but the organizations nature just like the scientific management itself (Taylor, 1967) where people were regarded as resources just like machinery was also a resource. Industrialization, scientific management and labor resistance set the scene for the emergence of industrial psychology. Treating workers as hands, or as extensions to the machines, was creating problems of control for employers and the new class of managers (Wendy Hollway, 1991: 34). Unfortunately, there is still a lot of Taylorism in us. A contradicting theory was needed. We will write a custom essay sample on People today are looking for much more than a pay check specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on People today are looking for much more than a pay check specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on People today are looking for much more than a pay check specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Theory Y is the opposite approach, called the Harvard model the emphasis is put on feelings, emotions, and motivations. The workplace is the source of self-actualization. Companies pay more attention to the creativity of their employees. It sounds like the perfect approach. Unfortunately, sometimes it does not work. It is not always possible to integrate the individual objectives with those of the corporation. So what is the perfect HR practice? The truth is that neither of them represents reality completely. It is complicated to understand why people behave in very different ways. That is why sometimes managers use the hard approach, sometimes the Harvard model. If we go deep into the theory we may notice that they can actually both exist at the same time and this is what represents reality. What is suitable for one does not mean it would be right for another. According to Torrington (et al 2002: 26) At root it is about whether or not there is an identifiable best way of carrying our HR activities which is universally applicable. It is best understood as debate between two schools of thought, although in practice it is quite possible to take a central position which sees validity in both the basic positions. McGregor (1960) argued that employees would respond reciprocally to how they were managed. Therefore, if workers were treated on Theory X they would react in Theory X manner, and vice versa. Maslows Theory Z and Ouchis Theory Z While Mcgregors XY approach is generally focused on ambitions and management from the supervisors and corporations perspective, Maslows Theory Z allocates more reliance on the behavior and responsibilities of the employees (1954). He developed what is called the hierarchy of needs up that human beings progress. Once people reach a specific level of the hierarchy, they need to fulfill the next one. There are general needs (physiological, safety, love, and esteem) which have to be reached first, and eventually self-actualization. From Maslows theory, modern executives and managers find what really motivates employees. Maslows Theory Z should not be mistaken with the William Ouchis book called Theory Z. Ouchis approach is often mentioned as the Japanese management style. It is a mixture of Theory Y and modern Japanese management which assumes that employees are loyal and share the organizations interests so it places a huge amount of reliability, respect, team-work and support. Treating Employees as Human Beings A fames quote states that communication is the lifeblood of an organization and it truly is; it keeps the members of the company together. Better communication means employees are well-informed and thus, more productive because they feel involved. According to Jan Carloz (Former President and CEO, Scandinavian Airlines System), an individual without information cannot take responsibility; an individual who is given information cannot help but take responsibility (Nelson, 1997:44). For example, VITAL (Virtual Interactive Teaching at Liverpool) is the University of Liverpools online learning environment. It enables quick and easy access to course materials and provides communication tools such as discussion boards, virtual chat and announcements. It is the best source for the students of University of Liverpool because it provides all the information about their lectures, courseworks and task, and they can keep in touch with their module coordinators. VITAL is an investment that is worth the money spent. The collection of employees suggestions is the most appropriate way to involve all the members of the organization in running the business. It is important for them to know that their managers pay attention to workers ideas because these suggestions can make enormous difference (Nelson, 1997: 48). In one year, employees at Hughes Aircraft in Los Angeles generated more than 23, 000 ideas. The companys management demonstrated its respect for its employees by adopting most of them resulting in savings of $477 million (Nelson, 1997 : 49). According to Bob Nelson (1997), empowerment can energize employees and motivate them perform exclusively. To empower workers means to give them the independence and autonomy in making their own decisions when a specific task needs to be done. This strategy would help them feel that they are significant part of the corporation and are trusted. Moreover, employees are able to make better decisions because no one knows better what their job is all about and what it needs to be improved. Generally, people know what they are looking for from empowerment a flexible, fast-moving organization that is responsive to change (Danby, 1992: 1). Nurses at San Diegos Mercy Hospital have been giving the authority to perform patient-related tasks, such as drawing blood and performing EKGs (Electrocardiography), formerly reserved for specialized technicians. This approach has energized the nurses and improved patient care and has allowed management to cut six or seven layers of supervision down to three or four, and collapse thirty-five separate job descriptions down to only four (Nelson, 1997 : 24). The disadvantage of empowerment is that not every single person can be reliable. Not all the employees will behave in the corporations interests. However, the successful manager will always recognize the employees who can be trusted. Workers should not be scared of punishment because of mistakes. Think about an employees particularly tough day maybe he is getting late to work because of annoying traffic jam; probably as soon as he arrives at the workplace, he realizes he forgot to take his laptop with him (and he was supposed to present a new project to his colleagues and managers the same day); a couple of hours later a customer decided to vent his or her anger at the worker. Just when it seemed that all was lost, his boss dropped by to thank him for doing a terrific job on an assignment that he is particularly proud of, and mentioned that his project can be introduced the next day. Suddenly, the employees troubles with the traffic jam, the laptop, and the customer were forgotten replaced with the personal satisfaction of being recognized for a job well done (Bob Nelson, 1997). The good manager realizes that employees are not robots. To err is human, to forgive is divine. An employee in a constant fear of maki ng mistakes will probably suffer from work stress and exhaustion by his job (Brun and Cooper, 2009). Treating Employees as an Economic Resource Some argue about the idea of employees treated as assets. It can be seen demeaning for humans to be listed as an economic resource. However, others think that treating human beings as assets will help bring to the attention of managers the significance of developing this asset (Atril and McLaney, 2011:482). As Torrington put it: Managing resourceful humans requires a constant balancing between meeting the human aspirations of the people and meeting the strategic and financial needs of the business (Torrington et al, 2005: 4) Treating employees as valuable assets should combine two types of fundamentalism: people and shareholder value. Friedman et al. (1999) argued that people are not our greatest assets as Michael Hammer suggested. For Friedman et al., employees become more valuable when we invest in them, and we can evaluate returns on that investment (p3). If you treat people as assets, they will generate wealth. Unfortunately, few organizations have placed the same amount of attention to understanding and tracking the human resources as they do in the tracking of financial and tangible assets. The problem is that the corporation often invests little time in understanding the nature of their intellectual capital. As Gordon Petrash, Director of Intellectual Capital at Dow Chemical, says if it can be visualised it can be measured and if it can be measured it can be managed (Mayo, 2000). By placing human beings in the asset section, managers can measure the profit, which the business generated, even better How human capital contributes to value? Evaluating human capital is not an easy task. The more we see employees as the key driving force of value, the more crucial is to understand the balance of assets they comprise and how these can be grown. People can be stuck doing the same tasks they did yesterday, with the same level of knowledge. They can add value to the business day by day, but it may be the same value. On the other hand, people can experience different learning each day, as they grow, innovate and contribute more, pursuing the self-achievement level of the Maslows hierarchy of needs.(Mayo, 2000) If companies take care of their employees they will respond by taking care of the customers, that means that customers will come back and, therefore organizations will generate profit. The first step toward achieving the strong and productive departmental structure is to build a solid foundation; one that can support the departmental structure, a supervisor wants to create (Grossman, Jack H.; Parkinson, J Robert; 2001: 25). Managers should not overstate the human factor or understate the asset factor because they are interrelated in every single aspect. The key to the successful management is to find the balance between treating workers as human beings AND as economic resources.