Reporting Requirements Memo Essay Example | Topics and Well Written Essays - 1250 words

Reporting Requirements Memo - Essay Example The memo ends with the comparison of the accounting reporting practices of the two entities. Reporting requirements for private sector, not-for-profit organizations under Financial Accounting Standard Board guidance The Financial Accounting Standard Board has specific accounting reporting requirements for all types and kinds of health care organizations. This also includes the private sector not for profit nursing homes. The Financial Accounting Standard Board have issued several standards especially for private not for profit nursing homes. Few of the standards that have been introduced are â€Å"Accounting for Contributions Received and Contributions Made,† â€Å"Financial Statements of Not-for-Profit Organizations† and â€Å"Accounting for Certain Investments Held by Not-for-Profit Organizations†. The American Institute of Certified Public Accountants’ (AICPA’s) accounting and audit guide for Health Care Organizations have made these statements m andatory. Both AICPA and FASB promote the accrual method of accounting. An accrual method accounting gives a complete, accurate and meaningful report about the financial condition of the organization. The accounting period should span for one year. A private sector not for profit nursing home’s financial statements should have a balance sheet, a statement of operations, cash flow statements and statements showing changes in net asset. If the not for profit organization decides to invest in financial assets the transactions that involves financial instruments have to be recognized on the settlement date. Any transactions that involve a third party have to be measured at fair value. For investments in debt securities, the securities that are not held up to the maturity period are recorded at fair value with subsequent changes in net assets and net income. The organization can invest in debt bonds at amortized rate without any restriction. The debt security should be measured at fair value and any changes in net income should be recorded. The principles for investment in equities are that the shares that are quoted in the active market should be recorded at the fair price and the resulting change in the net assets should also be recorded. Unquoted equities can be measured at the actual market price (Carmichael & Rosenfield, 2003). Investments in mutual funds will also be considered as equity investments. Derivatives that involve hedging characteristics should be measured at fair price. A private nonprofit organization should be very careful in selecting the methods it wants to use to measure its investments so that its relationships with its benefactors are not compromised. It should successfully incorporate the unrealized losses and gains in its financial statements. Transaction costs that arise due to purchasing of financial instruments should be capitalized and will be measured at the amortized cost. At the end of each accounting period the organization has to check for assets that are impaired. If there is any such asset its carrying amount should be reduced to the highest of the amount the organization expects to generate by selling the asset or the present value of the expected future cash flow of the financial instrument. Accounts receivable will be treated in the same way as debt securities. But receivables that are not due for a minimum of one year and are without market rates

Shell company Essay Example | Topics and Well Written Essays - 1000 words

Shell company - Essay Example The company was then run through different operating companies. Prior to the merger both the companies were struggling to sustain their business. Their decision to join hands led them to become one of the most successful company in the world and all signs showing in the first twelve months of their strategic decision. The company was under the management of Henry Deterding, whose guidance and dedication made the two barely managing companies into a strong force to reckon with, in the oil industry. The company began to make its mark quite quickly around and business started to expand globally. The Marketing companies started coming up throughout Europe and also in certain parts of Asia. With the growing demand of oil all around the globe, Dutch Shell began exploration and production in countries like Russia, Venezuela, Mexico, Romania and even in the United States. Along the timeline, the company has been able to maintain its competitive edge by looking out for newer technologies, alternative resources and advance developments. They have concentrated on their core products as well as kept their eyes open for any opportunities making them one of the most competitive companies in the market. Marketing is one of the core functions of any organizations. It is the function that helps a company defines the right kind of market and allows the company to identify consumer needs and wants and then searches for solutions and ideas for how to aptly satisfy those needs. (Bartels, 2002) When Organizations like Shell and other multinationals define their marketing strategy it evolves through a series of stages. This is because as the company starts growing, so does the demand. Eventually the company adopts a multi national strategy of marketing. At this stage the company has already gone through the local markets exporting and to international marketing. This is the kind of marketing Shell is doing as at this stage the company can use its size and scale

Royal Mails Human Resource Strategy

Royal Mails Human Resource Strategy 1.The Royal Mail do have three levels of strategies:- Corporate level -which deals with the overall organization. Ex: Geographical regions, Market selection. Business level strategy is mentioned for each type of business carried out by the Royal mail. Functional level- The Finance, Human Resource Management, Production, Marketing, Research and Development comes under this section. The Corporate strategy of Royal mail is designed in such a way that it shows their ability to cope with the market changes in a positive and negative manner. It is the hardships of the employees and their standard customer services makes the Royal mail to get a competitive advantage over its competitors like TNT, DHL etc. Royal Mail which was once said to be the Monopolist in the field of Postal services lost the title of Monopoly in the beginning of 2006. It had 99% of the market share in its hands. Royal mail do have a view to make their corporate Strategic responsibility to become a part of their strategic management process. They are:- 2. Corporate Strategic responsibility includes:- The support of the workers from the workplace which forms the backbone of the Royal mail. The management also deals with the workers in a more friendly manner without any kind of discrimination. Being workers said to be the assets of the firm, Royal Mail takes good care of their workers and regarding the working conditions too. To make its actions designed to have a strong positive effect on its workers, customers and to its suppliers. Achieve a net zero carbon footprint by 2015 and to support their clients to do their activities to have a positive advantage towards the environment and to attain a competitive advantage. With their Corporate responsibility in mind Royal Mail wishes to be different from its competitors Royal mail had created their corporate strategy by taking into consideration of their Organizational objectives and their achievement. It is in the Functional level the Human Resource Strategies arrives. The definition of the Human Resource strategy and the Human Resource Strategies of the Royal Mail from 2005-2010 are mentioned below. 3.Human Resource strategy (Definition):- Before moving to Human Resource Strategy we should know what is meant by the term strategy?.Strategy usually means selecting the best decision from a stream of decisions. According to Lundy and cowling (1998,p16), strategy is: The art of war, generalship, especially the art of directing military movements so as to secure the most advantageous positions and combination of forces. The Human Resource Management team in the Royal Mail directs the workers by motivating them and providing them proper training in order to achieve the Organizational goals and to get a competitive advantage over its rivals. The term Human Resource Strategy is well defined as Human Resource management (HRM) is a strategic approach to managing employment relations which emphasises that leverage peoples capabilities is critical to achieving sustainable competitive advantage, this being achieved through a distinctive set of integrated employment policies, programmes and practices. [Bratton and Gold,4e,p3] 4.The Human Resource Strategies from 2005 2010:- Human Resource Management forms the most important function in an Organization as the workers are considered to be the valuable assets of the firm. The right kind of people in right position at the right time is the objective of the HR Manager. It is said that normally in a day HR Manager usually spends 20% of their working hours in dealing with the grievances of the employees without affecting the Organizations routine activities. HR Executives should have an ability to deal with their staffs in a fair and friendly manner rather than imposing more control on them. The Royal Mail take the efforts made by their workers into good consideration and rely on the fact about their career development rather than simply a job. The Royal Mails Human Resource strategies in the period from 2005 to 2010 is mentioned below which includes several threats they faced and the steps undertaken to face those threats. Human Resource strategies of the Royal Mail in 2005:- One of the most important actions of the Royal Mail can be seen in the beginning of 2005 which employed candidates from the socially excluded groups. The candidates who were recruited performed very well in the selection process as well as in the Organization too. New recruits by this process were placed in position as post man, delivery van drivers, letter sorting who were ex-service men or those who are homeless. This Pilot program helped the Royal Mail in lowering the cost and labour turnovers and proved as the firm with best employee satisfaction. The employees thus had a long term commitment and had a self motivated approach to work hard for the firm to achieve its goals. The employer expectation of high commitment and the employee expectation of taking care of their social needs made the workers of the Royal Mail to be loyal to the firm and improved the ratio of trust towards the firm. The voluntary organizations like the Royal Association of Disabled and Rehabilitation, Busine ss action on Homelessness etc helped the Royal Mail to get candidates of socially excluded groups. The Human Resource team played a very important function in sorting out the list of disabled candidates and selecting the best candidates through a standard selection process. The Human Resource Manager who have the Management as an art aspect means having inborn talents will have those skills to recruit those people who can contribute to the maximum of their extend towards their Organization. The Royal mail team supervised by Mr. Adam Crozier made record annual profits in 2005 which helped to give 1074 pounds of bonuses to its workers. These were achieved by the employee performance,better customer service by properly trained staff and their performance related pay strategy of the Human Resource team. Human Resource strategies of the Royal Mail in 2006:- The Human Resource team in the Royal Mail were able to provide instant solutions to the grievances of the employees. The starting of the year 2006 was not as good for the Royal Mail as it faced a postal strike in Belfast. Nearly 200 postal workers stopped their work for 2 weeks which made a very negative impact on the Royal Mails services to the customers. The customers were said to contact the office directly for any important matters and most of the letters and documents were blocked in some places remained undelivered. The Communication Workers Union says that the strike was due to the bad and unfair practices of the managers towards the workers in Belfast and the core issue is not accepted by the Royal Mail. Important delivery including specialized services were stopped temporarily and the management took immediate action to solve the problem. The Workers in strike were assured that they will not be treated badly when they return to their work and necessary actions will be taken against those who were found guilty. The Human Resource team in the Royal Mail took the issue seriously and they guaranteed that the workers will be treated fairly and without any discrimination. The psychological contract which says high motivation and high commitment should be taken into consideration which made the Human Resource Manger to deal with the situation in a friendly and wise manner. It was this year the Royal Mail lost its position as a Monopoly in the postal Industry and started facing wide spread competition. The management agreed that their will be no reduction in the work force, high job security will be provided with raise in pay scales to the staffs. The Christmas season of 2006 also made the customers of the Royal Mail to suffer due to the strike of 800 workers which caused huge volume of undelivered documents in the office. The managements decision to change some full time post to part time when an job opening arise was objected by the trade union by saying tha t it is against the National agreement. The matter was raised very seriously and the Royal Mail responded to it by saying that the decision will be with the consent of the worker agreement. The strike was stopped by reaching to the point that the new job openings in the Royal Mail will be carried out by the management with the combined hands of the trade union to make decision regarding whether to treat the vacancy full time or part time and the management assured that no staff will be forced to change his full time job status to part time. The closing of the sorting office in Paddington, London in the same year was explained by the Royal Mail as a step taken in order to improve their customer satisfaction and productivity against the wide spread rumours about some illegal actions of the postal workers. The 950 workers who worked their were temporarily kept away from their duties and some of them were given transfer offers. The workers commitment in a firm not only depend on their s alary but also on other factors like work atmosphere, employee- employer relationship, colleague character etc. The sacking of 5 workers who treated their women colleague very badly in one of the Royal Mail branch shows the immediate response taken by the Human Resource team in those matters which affects an employee to perform well in an Organization and to reduce those activities which affects the reputation of the firm. The Human Resource team has made recently certain improvements in the health and safety measures for the workers due to the huge fine the firm had to pay regarding the death of an employee, which was made as a health and safety issue by the court. Human Resource strategies of the Royal Mail in 2007:- The Privatization of the Royal Mail was the main problem discussed by the Human Resource team in the Royal Mail and the workers point of trust towards the firm tends to decrease day by day affecting their performance in the work. The Communication Workers Union was opposing the issue but some managers say the Privatization will help the future of the Royal Mail. A deal was agreed between the management and the labour union in 2007 followed by stopping the workers strike. The new policies changed the working time and new technologies were introduced which was implemented in each and every branch of the Royal Mail improved the productivity and performance of the workers. The new modern way of thinking and acting was successful in the Royal Mail. Also Mr. Mark Higson the managing director of the Royal Mail added that the future of the Royal Mail Pension scheme will not form any part of the agreement. The Human Resource Strategy of making the employees feel they are a part of the firm made the management to come to a point of distributing around 20% of its shares to the employees was opposed by the Government and the plan was turned down. The Human Resource team and the other managing partners have plan to explore the unused markets and to identify new opportunities to make the Royal Mail to offer quick and friendly based customer services. The Human Resource Department also do have plans to provide Occupational pension schemes for their employees in future. The Human Resource Manager also responded to the worst situation of poor quality service by the Royal Mail in Scotland and he promised to provide better customer service the coming year. The contract lose with the online service provider Amazon hits very badly towards the Royal Mail and its bad position to face more rigorous competition. Human Resource strategies of the Royal Mail in 2008:- In order to face the competition and the consideration of the future of the Royal Mail, the Human Resource Department made plans to reduce the number of workers and providing better benefits for those who remains. The Workers and the union feared about the reduction of the full time jobs and including more part time workers. The Privatization of the Royal Mail which the British public doesnt like was also considered as the main issue by the trade unions and the management. The Privatization will cause more job losses says the union members but the Royal Mail needs finance to support its future plans says the Management. The Management also planned to change the offices from old buildings to new ones in which the trade unions responded and they said that the change of offices will cause problems in sorting of letters, loosing some customers and they feared about loosing jobs too. Also plans were prepared by the Human Resource team to raise the salary scale of the executive Directors o f the Royal Mail who are the main key players in obtaining maximum profit. The Devanna model which shows performance appraisal, Human resource development and reward systems should be given due consideration. Many office branches of the Royal Mail were shut down and the remaining workers should be motivated by their performance and the management should create trust from the side of the workers which in turn gives high commitment. The Soft HRM feature of high commitment and high motivation as well as the Hard HRM feature of managing the workforce in a more rational way should be undertaken by the Royal Mail. Human Resource strategies of the Royal Mail in 2009:- To Prevent the customers complaint about the closing of the post offices the Human Resources team implemented a plan to provide mobile post office services to the customers by Van. The Royal Mails plan to make 30% privatization was opposed by the public and the Government continuously, if privatized it will cause raise in prices, job losses and the customers as well as the workers trust in the Royal Mail will reduce. The Human Resources team introduced new uniforms to the workers which is suitable for the climate and having big pockets to place the hand held computers which the customers prefers to sign and trace items was considered as a part of the improvement in the delivery system of the Royal Mail. The year also faced a strike on the pay cuts, salary freeze of the workers. The Communication Workers Union said that even cutting the wages or freezing the salary will not help the Royal Mail instead it should implement new ideas in technology and new advanced machinery to support th e workers. All over the strike is making the customers to move away from receiving the services from the Royal Mail. In the matter of improving their services, the Royal Mail and the Microsoft had joined hands to hands by introducing the new e-mailing service without having computers. The HR strategy of how to compete with their rivals has made the above decision to implement in the Royal Mail. Human Resource strategies of the Royal Mail in 2010:- The Privatization of the Royal Mail is the main consideration of the Royal Mail as the firm is running out of Finance, huge pension deficits and inefficiency in operations. The private fund is needed for the smooth function of the Organization, says the Managing director of the Royal Mail. The Human Resource Manager is taking keen steps in promoting the existing workers with good training but most of the workers had lost the trust with the Royal Mail. The privatization will cause more job losses, price for the products will be raised and the top level managers will get more benefits; a trade union leader says in a meeting. The workers says that if the new management can help them in providing benefits and good promotional appraisal packages to them, it is better to get privatized. The natural constraints like volcano ashes also affected he Royal Mails service in some part of the United Kingdom. The Psychological contract between the employee and the employer is broken. The employees social and other needs are not fully met and the huge sacking of employees made them to loose commitment towards the firm which leads to inefficiency, reduced services, low productivity and down turn of profits. The Royal Mail is still considered as the provider of the best service among the European nations with lowest service charges. The Human Resource team have plans to increase the state pension age for men. The Royal Mail is trying in many ways to improve its services by providing different varieties of stamps, weekend services, superior customer service but the competition and its bad financial position is weakening its movements to go forward. Even though it is known that the entry of new firms into the Postal Industry is very difficult due to entry restrictions, the Royal Mail is facing very tough competition. The firms like TNT, DHL and many of the online services are serious treats to the Royal Mail. The day when the Royal Mail lost its Monopoly in 2006 marked the beginning of competition as a headache to the Royal Mail. Another problem which the Royal Mail faces is the reduction in the volume of the letters but the postal workers tells that the number is increasing day by day. The Royal Mail like all other firms had undergone a SWOT ANALYSIS to understand its positives and Negatives internally and Externally. TheSWOT analysis is done to identify their threats and opportunities, strengths and weaknesses. 5.SWOT ANALYSIS:- The Swot Analysis is usually conducted by the management which gives the Royal Mail a good indication of its Strength and Weakness internally and its Opportunities and Treats in the outside market. The highly skilled hard working staffs having high commitment motivated by the efficient management and the firms large and other financial resources forms the Strength of the Royal Mail. Some complaints have been raised regarding the letters not reaching the destination and stealing of the letters/parcels by its staffs affects the Royal Mails prestige and the strikes which are made by the trade unions in Royal Mail forms its major weaknesses which hardly hits its reputation and directly states that employees are not satisfied with the management actions. The Royal Mail do have new opportunities to identify more customers and Business clients and providing support to them which will have a competitive advantage over its rivals. The Competitors like TNT, DHL, UKMAIL and the possibility of more rivals to enter the Industry forms the main threats for the Royal Mail. The wide usage of internet, online banking, online delivery and e-mailing has reduced its number of customers to a large extend has made huge reduction in the volume of mails in the Royal Mail is also considered as big threats. The Royal Mail still stands as the Standard postal service in the United Kingdom with its valuable staffs and its improved services like First class service, weekend service etc. Royal Mail also provides online supports and International postal services. The Administration of the Royal Mail includes series of committees like The Audit and Risk committee, The Management board, Pensions committee, Remuneration committee, Nomination committee and Social and Responsibility Committee. The new Human Resource Strategy and policies are being Introduced by the Royal Mail in order to face these threats and for the motivation of the workers. 6. The new Human Resource strategy to support the Royal Mail in the present bad condition:- Steps have been taken in the all the levels of the Organization to support the firm from the credit crunch and competition. To the workers:- Workers are provided with improved new range of training and guaranteed performance related pays. The employees who are considered as a valuable assets in the Royal Mail were provided with revised employee policies and procedures and long term job security and motivation. In order to improve its reputation and to obtain a good employee- employer relationship some additional steps were also taken. They are:- The new plan for temporary redundancy and early retirement are going to be enforced as soon as possible. Existing contracts will be renewed and new standardized contracts will be provided to the employees. The introduction of new machinery and techniques helps the workers to achieve world class standard in performance. The new revised Pension scheme plans are going to implement for those employees in the Royal Mail pension scheme. The working hours, the minimum wages are also revised. The safety of the staffs are taken in great consideration. Improved working conditions, first aid facilities, stress relief exercises, changing their job tasks over a period of time, self appraisal process, promotional and increments are also introduced to the new plan. To the firm:- The modernization of the firm with improved customer service support is the main objective of the firm. The co-operation of the Management with the workers and the trade union added with signing an agreement in new policies and procedures of the firm supported by the trade union is going to happen. The improved efficiency and productivity with unmatched competition by providing lower price and better quality services to its clients. To the Trade Union:- The firm will give suitable position for the trade union in its management activities. Support from the trade union in motivating the workers to cope with the Organizational rules and regulations and to achieve a sustainable competitive advantage. To develop new communication levels between the trade union and the management. 7.The Royal Mails respond to the Competition and to the recent Credit Crunch:- The Royal mail which was once called as a Monopoly firm now faces serious competition and holds a bad reputation due to its continuous strikes , shutting down of the offices and complaints regarding its employees. Even though any firm can compete with its rivals in two ways, one way by reducing its prices and the other is by improving its quality of service/product. The Royal Mail provides high quality service to its customers and also the lower service/product price compared with its competitors helps the Royal Mail to attain a sustainable competitive advantage. The Human Resource team is making its level best efforts to prevent such issues but the employees relationship with the management is unclear. One of the main issues is the privatization of the Royal Mail which make the staffs to loose trust towards the firm making them de-motivated. The corporate strategy is well defined and the Human resource planning and its strategical process is some what following the corporate strateg y. Making a friendly relation with the CWU and a strong psychological contract between the workers and the Management is very much needed for the smooth functioning of the Royal Mail. The recent credit crunch has made the Royal Mail to close most of its offices and to sack many of its employees. The economic downturn in the UK is being faced by the Royal Mail in some extend due to its highly skilled, flexible core employees. The peripheral workers who were highly skilled were also taken into good consideration by the Royal Mail. The customers still rely on the Royal Mail due to its better quality services and lowest prices compared to its competitors the TNT, DHL, UKMail etc. The name of the above model is The Five Forces Framework which is developed by [Porter 1980] shows the fact from where does the competition come from?. We can combine this model with the Royal Mails competitive nature. It has elements like 1.Potential entrants mentioned as new competitors of the Royal Mail. 2.Rivalry from existing firms like TNT, DHL etc which are faced by the Royal Mail with its high quality products/services and of its highly skilled workforce who are trained and developed by their talented Human Resource team. The substitutes can be shown as the e-mail, online transfers and online mail ordering groups. Threat from the customers in the form of bargaining power, their change of demand, their potential for forward integration (which is implemented by the firm with the availability of suitable Human Resources). Threat from the Suppliers includes their bargaining power, switching costs, market dominance of the suppliers, the potential for backward integration (which is implemented by the firm with the availability of suitable Human Resources). The suppliers include the printing and stationery, technology, clothes, transport and travel agents. The Royal Mail uses the Generic Strategies frame work of Mr. Porter(1985) to define how they faced these competitions. The basic idea which is derived from the framework is:- Any firm can compete with other by lowering their prices Competing in the matter of quality makes each firm different Focusing on the main market and its customers can gain competitive advantage over its rivals. The Human Resource strategy of identifying the competitive areas and setting plans for how to compete helped the Royal Mail to face all types of competition and to gain a competitive advantage over its rivals. The Human Resource Management team of the Royal Mail have a good background from the Top Ranked Business Schools added with their inborn talents and experience helps the Royal Mail to compete with their rivals in a more technical way which is difficult for the competitors to identify and which makes the Royal Mail to have a strong base in the UK postal industry. The top quality products/services with the top quality employees makes the Royal Mail to move forward with confidence. The Human Resource strategy of implementing new techniques and training services with the performance related pay aspect for the workers can be seen in the Royal Mail. Last year the Royal Mail received three bronze awards from the World Class Manufacturing Association for its performance, health and saf ety care of its workers. The Royal Mail consider each and every worker in the matter of safety and performance and they say that if they can make one worker to perform well, it will make another to perform well and it goes on and the whole workers will perform well gives high productivity and profits to the firm. 8.Conclusion:- The essay can be concluded by stating that the Royal Mail have to face the credit crunch and the present difficulties in order to hold a strong position in the UK postal Industry. The Royal Mail do have a strong corporate responsibility strategy and Human Resource strategy which is properly planned and helpful to the employees as well as the to the firm for further development. The Human Resource Strategy from 2005 2010 shows the problems faced by the Royal Mail and the Strategies used by them to solve these problems. The privatization and the pension deficits are the main problems faced currently by the Royal Mail in which the management have certain plans to overcome the situation. The new entrants and the present rivals are competing very roughly with the Royal Mail and they are faced by the Royal Mail by its good quality services and its lowest service/product prices.

Tyranny can Never be Completely Removed Essays -- essays research pape

From fictional novels to real life experiences, tyrants who have been removed from power will only be replaced by the next, thus negating the original objectives of the revolution that was once hard fought for. Animal Farm by George Orwell is a story of which animals overthrowing their tyrant owner and establishing a nation of their own. As time passes, the more intelligent of the animals taste the lure and addiction of power, turning out to become the tyrants they once abolished. A leading Irish figure in 20th century theater, George Bernard Shaw, once said "Revolutions have never lightened the burden of tyranny, they have only shifted it to another shoulder." Tyranny is yet to be diminished since human (animal) nature is selfish and only seeks the good of oneself. When one steps down, another rises from the crowd, repeating this pattern of a power shift. Basically, those with the influential powers and support of many, tend to obtain power. This does not allow the power to be share d amongst the commoners. The grasp of tyranny is to be hovering over the masses and time by time the one abusing the power would be switched. History demonstrates to us that Shaw's observation applies in any era. After the expulsion of the previous tyrant, the masses believe that all are equal, but as time flows, some become ?more equal than others? (133). From the beginning, when the revolution was yet to be complete, Old Major introduced the basic idea of revolting against Mr. Jones, their owner. In his final speech to provide his fellow animals with a boost, the old boar reminded them that they must not follow in the steps of the tyrant they hated. ?Even when you have conquered him, do not adopt his vices? (31). As the cornerstones of Animalism a... ...is overwhelming power overcame him. Nothing was changed after all. Leaders have all been the same, as many fall into the same traps or follow the footsteps as previous ones in power. George Orwell?s Animal Farm is a definite entertainment and moral. One of the main themes, human nature dictates that revolutions are bound to fail, incorporates with what George Bernard Shaw said about revolutions. ?Revolutions have never lightened the burden of tyranny, they have only shifted it to another shoulder.? Tyranny is part of life. It cannot be avoided unless God rules over man as William Penn suggested. ?Men must be governed by God, or they will be ruled by tyrants.? As one succeeds to power, original objectives most likely are neglected while becoming tyrannical like the previous. Shaw?s observation serves as a core of Animal Farm, an illuminating and realistic lesson.

Barriers of Dell

For Dell Company to achieve its organizational development and change it requires several things to be done. Without which the company will not be in a position to achieve its set goals. Anything that will block the company from attaining its objective of organizational development will be a barrier to its development. There are many barriers to organization development and they vary from organization to organization. All the processes that are involved in the organizational development require funds.The initial stage of the organizational development involves analysis and research so as to establish the most likely problem the company is going through. Every part of this research will involve money, for example the materials used in the research, the hired manpower to carry out the research. The organization therefore needs money to have all this recommendations be implemented. Before Dell coming up with an idea of making simple machine to his customers he had to make a research so as to establish the level at which his customers could operate his machines.Establishing a channel by which Dell could get feedback required funds. According to consumer channels feed back (2009) Dell was to use the modern technology in his management. The advantage with this modern communication was its efficiency in terms of time and accuracy. Despite its efficiency this technology requires a lot of initial capital to install it. This means that the company needs a lot of funds so as to start using this technology in its management. Without this money the company can not establish good feedback to its customers.Therefore in case the money from Dell Company’s returns goes down then it will imply that he will not be in a position to establish these channels. In this case funds become barrier to his organizational development. Dell has as tried as much as possible to reduce the number of middlemen in his chain of distribution. He has an intension of reduce the cost of his prod uct in doing so. But this can also become a barrier to his development. The reason for middlemen is to increase the rate of exchange of goods and services at the ground level.Without them some of the areas will never be reached hence the consumers coverage area will be small as compared to his competitors. It is through this channel that he can understand his customers fully; hence without these middlemen it can be impossible to understand some of his customers. The idea of reducing the middlemen therefore can be a barrier to the development of Dell Company. Dell put a lot of interest in his customer; he produces machines that are demanded by his customers. Foxall, G. (2005.) Understanding consumers is the key to winning them. This means that a lot of his goods and service are done on demand instead of innovation. This can become a barrier especially in this era of technological advancement and development. He should stop producing goods on demand and come up with new skills that wi ll lead to invention of new machines that are more efficient than the ones he produced later. This will help him have a competitive advantage over his competitors. Dell was also ensuring that his goods gain an advantage over the other competitors.To do this he was making sure that he reduces the number of hands during the manufacturing process. This can become a barrier to the organizational development since it will reduce the out put of the firm. When less people are working the out put will be low and hence the company will have low incomes. Before any progress is noticed the workers in the organization must own the recommendations, if they fail to own them it becomes hard to implement them, Dell to not have any strategy that looks at the needs of the workers.When the company encounters this problem then it becomes a barrier to its organizational development. This company has put a lot of emphasis on the completive strategy. There is nothing put in place so as to look at the work ers within the company. Since they are the ones to implement the ideas of Dell they may be barriers to the development of the company. The strategy of global consultancy can become barrier to Dell’s development. This will expose this company to may company’s that manufacture the some goods and service to Dell company.Some of this companies can steal the skills used by Dell in its manufacture and start produce a replica of Dell machine in their own names and hence establishing new competitors that will reduce the market command to Dell company. As this company workers interacts with the other foreign company they may start to demand some favors that are given to workers of other countries. When this favors are beyond Dell’s or to expensive for him then this becomes a barrier to his development.In some cases such worker may even transfer to other companies with also the technological skill acquired in Dell Company hence becoming a big treat to Dell. Schiff man, L. G. (1993), explains that worker behavior is influence by other worker in their environment Reference Foxall, G. (2005. ) Understanding Consumer Choice. Baingstoke. Palgrave Macmillian. Schiffman, L. G. (1993), Understanding Workers Consumer Behavior, Prentice Hall International, London. http://www. allbusiness. com/marketing-advertising/marketing-advertising/5504141-1. html

The Economic System of Western After the Breakup of Fuedalism

The distinguished in the nineteenth century and it†s collapse in the twentieth century have led to similar, though much slower and less obvious, process in the course of modern science. Today†s frantic development in the field of technology has a quality reminiscent of the days preceding the economic crash of 1929. The clearest evidence of it may be seen in such comparatively young sciences such as psychology and political economy. In psychology, one may observe the attempt to study human behavior without reference to the fact that man is conscious. In political economy, one may observe the attempt to study and device social systems without reference to man. Political economy came into prominence in the 19th century, in the era of philosophies post kantian disintegration, and no one rose to check its premises or to challenge its base. Political economist-including the advocates of capitalism-defined their sciences as the study of management or direction or organization or manipulation of â€Å"community†s† or nations resources. The author goes on to say that the European culture regarded material productions as work that should be done by slaves or serfs but not first class citizens. It must be remembered that the institution of private property, in the full, legal meaning of the term, was brought into existence only by capitalism. In the pre-capitalist eras, private property existed de facto but not de jure, i. e. by custom and sufferance, not by right or by law. In law and in principle all land belonged to the head of the tribe, the king, and was held only by permission, which could be revoked at any time. CAPITALISM, a term used to donate the economic systems that has been dominate in the western world since the breakup of feudalism. Fundamental to any system called capitalist are the relations between private owners of non-personal means of production (land mines, industrial plants, etc†¦. collectively known as capital) and free but capitalizes workers, who sell their labor services to employers. The resulting wage bargains determines the proportion in which the total products of society will be shared between the class of laborers and the class of capitalist entrepreneurs. Productive use of the â€Å"social surplus† was special virtue that enabled capitalism to outstrip all prior economic systems. Instead of building pyramids and cathedrals, those in command of the social surplus chose to invest in ships, warehouses, raw materials, finished goods and other material forms of wealth. There is of course, no such thing as a â€Å"social surplus. † All wealth is produced by somebody and belongs to somebody. Mans essential characteristic is his rational faculty. man†s mind is his basic means of survival-his only means of gaining knowledge. If some men do not choose to think, they can survive only by imitating and repeating a routine of work discovered by others-but those others had to discover it, or none would have survived. If men do not choose to think or to work, they can survive (temporarily) only by looting the goods produced by others-but those others had to produce them or none would have survived. Man cannot survive as animals do, by the mere guidance of perceptions. He cannot provide for his simplest physical need without process of thought. e needs a process of thought to discover how to plant and grow food or how to make weapons for hunting. His precepts might lead him to a cave. No precepts or instincts will tell him how to light a fire. Is man a sovereign individual who owns his person, his mind, his life, his work and it†s products-or is he the property of the tribe (the state, the society, the collective) that may dispose of him any way it pleases, that may dictate his convictions, prescribe the course of his life, control his work and expropriate his products? Does man have the right? To exist for his own sake-or is he born of bondage, as an indentures servant who must keep buying his life by serving the tribe but can never acquire it free and clear. In a capitalist society, all human relationships are voluntary. Men are free to cooperate or not, to deal with one another or not, as their own individual judgments, convictions, and interests dictate. They can deal with one another only in terms of and by means of reason, i. e. by means of discussion, persuasion, and contractual agreement, by voluntary choice, by voluntary choice of mutual benefit. The right to agree with others is not a problem in any society; it is the right to disagree that crucial. It is the institution of private property the protects and implements the rights to disagree-and thus keeps the roaf open to man†s most valuable attribute (valuable personally, socially, and objectively): the creative mind. The recognition of individual rights entails the banishment of physical force from human relationships: basically, rights can be violated by only means of force. In a capitalist society, no man or group may initiate the use of physical force against others. The only function of the government is such a society is, the task of protecting man†s rights, i. e. the task of protecting him from physical force. The author goes on to say that the only time the government can use force is when there is retaliation. Such there is no such entity as â€Å"society† since society is only a number of individual men, this meant, in practice, that the rulers did not abide by the moral laws only subject to traditional rituals, they held total power and exacted blind obedience. They believed good which is good for the society. The most profoundly revolutionary achievement of the United States of America was subordination of society to moral law. The principle of man†s individual rights represented the extension of morality into the social system-as a limitation tot he power of the state, as man†s protection against the brute force of the collective. He goes onto say the United States was the first moral state. I don†t know what kind of morals the author is actually referring to. A right is a moral principle defining and sanctioning a mans freedom of action in a social context. There is only one fundamental â€Å"right†: mans right to his own life. The right to life is the source of all rights-and the right to property is their only implementation. He goes on to say all previous systems had regarded man as a sacrificial means to the end of others, and society as a means to a peaceful, orderly, voluntary, coexistence of individuals. All previous systems had regard man†s life as society property that they could dispose of him anytime they felt like it Without property rights, no other rights are possible. Since man has to sustain life by his own effort, the man who has no right to property is a right to action, like all the others: it is not the right to an object, but to the action and consequences of producing or earning that object. It is not a guarantee that am man will earn any property, but only a guarantee that he will own it if he earn it. It is the right to gain, to keep , to use and to dispose of material values. To violate man†s right means to compel him against his own judgment, or to expropriate his values. there is only on why to do it: by the use of physical force.