Introduction to business Essay Example | Topics and Well Written Essays - 2500 words

Introduction to business - Essay Example Thus, it becomes clear that steel is highly significant to modern society. Tata Steel is the second biggest steel manufacturer in Europe and has its chief steelmaking plants in Holland and UK. It supplies steel and associated services to main industries such as production, vehicle manufacture and packaging. The European operations are a supplementary of Tata Steel Group, one of the world’s top ten steel manufacturers. The joint Group has approximately 80,000 employees. A dedication to environmentally-sound practices is an important part of many businesses’ promise to act responsibly. Social responsibility refers to company’s responsibilities to take advantage of its long-term positive impacts and reduce its negative impacts on society. This paper is in the form of a report of its current approach to managing environmental drivers in their market. The impact of five key environmental drivers, namely, the effects of urbanization, generation of energy, transportatio n, agriculture and tourism, on the organization is also incorporated in this report. Report: Tata Steel Europe Ltd is a multinational company making steel, which is headquartered in London, UK, and is a completely owned subsidiary of Tata Steel. It is the second biggest steel-maker in Europe. â€Å"Today, it is one of the largest steel producers in the world with over 80,000 employees across five continents† (The World of Steel n.d.: 11). The company functions two main integrated steel plants in the UK, at south Wales, Scunthorpe Port and Talbot, north Lincolnshire, and one in IJmuiden, the Netherlands. Started in 1907, and at present the company is among the top ten global steel manufacturing companies with a crude steel capability of over 28 million tonnes per annum. The company is also engaged in activities relating to discovering, prospecting, and mining iron ore, ferro alloys, coal and other minerals; manufacturing and designing plants and equipment for oil, steel and na tural energy, gas and power, mining, ports, railways, aviation, and agricultural implements and space industries. â€Å"The manufacturing facilities at Tata Steel Europe comprise of manufacturing hubs† (The journey towards enduring sustainability 2013: 16). It is at the present, one of the world's most geographically-diversified producers of steel, with operations in 26 nations and a commercial presence in over 50 nations. The Tata Steel Group Company, in FY 2012- 2013 with a turnover of US$ 24.82 billion, has over 81,000 workers across five continents and is a Fortune 500 business. â€Å"By carefully identifying and articulating the drivers of social performance and measuring and managing the broad effects of both good and bad performance on the corporation’s various stakeholders, managers can make a significant contribution both to their company and to society† (Epstein & Roy 2001: 585). Vision of the Tata Steel is to be the world’s steel business bench mark through the excellence of its citizens, its modern approach and overall conduct. Supporting this vision

Instructional Planning and Strategies Essay Example | Topics and Well Written Essays - 1500 words

Instructional Planning and Strategies - Essay Example This type of strategy helps the students to learn more effectively by communicating with each other and do their work with a little fun with their friends. In group assignments students take active participation in the tasks that has been assigned to them. This strategy also encourages the students to teach other students of their group who are little weaker in their studies. (Goleman, D. 1998) Another type of strategy that is been commonly practiced is Collaborative Strategy. This is a type of strategy which is used for broader groups or large groups. This strategy is used for the interactions of larger groups to communicate with each other. In classroom environment this type of strategy is not suitable because in classes the group formation is smaller. This strategy is useful for making school communities, discussion group of faculty and students of school and other broader groups which have much complicated issues to discuss with each other. (Goleman, D. 1998) The Strategy that I have chosen to implement in the classroom is Co-Operative Instructional Strategy. The reason why I chosen the Co-operative strategy rather than collaborative strategy is that it encourages the student to achieve their tasks more efficiently and effectively because this strategy helps the students to achieve the common goals that have been given by the instructor. ... Students in groups also know that there success depends upon team work and every one has to try his/her best to achieve the desired result. It also provides students to learn with more well defined frame work from which they learn from each other in a group. (Johnson, D. & Johnson, R. 1998) The importance of Co-operative Strategy is becoming very fruitful now days. Many teachers are applying this strategy in classrooms to make students feel comfortable and enjoy their studies. Implementing this strategy also improve the self-esteem of students; students who have disabilities for learning also accept this type of learning style and their attitude towards the school eventually becomes good. (Johnson, D. & Johnson, R. 1998) CIRCUMSTANCES FOR IMPLEMENTING THE STRATEGY There are certain conditions that have to be followed for successive results while implementing Co-Operative Strategy. When applying this strategy the teachers must do careful planning and well preparation before going in classrooms. They have to brainstorm their minds that how they will implement the strategy and what would be alternatives regarding this approach if the implementation goes wrong. They should plan and prepare that how they will interact with their students in class and how will they make the environment of classroom more interactive Another condition is the proper formation of groups because if groups are not formed properly then the results of the strategy will not be appropriate. The instructor has to form groups in such a way that every one in the group feels good about their group members and every group has one or two members that are more intelligent then others so that they can teach the group members as well.

Astra Planeta Assignment Example | Topics and Well Written Essays - 750 words

Astra Planeta - Assignment Example Twinkle 5 is a suitable name for this company because the first thing that comes to the mind of most Europeans and Americans when they hear the word â€Å"Twinkle† is â€Å"star†. Since the name has to be connected to â€Å"Five Stars†, â€Å"Twinkle 5† is a name that shares the theme as well as number. Twinkle 5 is also suitable because it will be the first bicycle and e-scooter company in Europe and America that will be called Twinkle 5, so the name lends the company a unique identity. A very important aspect of Twinkle 5 is that it carries the themes of tidiness, neatness, cleanliness, and perfection. Sparkle is the word used for shining and twinkling. It is commonly used in the toothpaste ads. Sparkle shares the theme of shining and twinkling with the â€Å"Five Stars.† Sparkle is a very simple yet sophisticated name that never goes out of trend. Besides, there is no bicycle and e-scooter company named Sparkle in Europe or America. To hear the name Sparkle, a bicycle or e-scooter is not the first thing that comes to mind; but then all this company is about is innovation, creativity, and drama. Even if not technically, the name does lend a feeling of cleanliness and tidiness that is the embodiment of this work. The name Tri-Prism is the short form of Triangular Prism. â€Å"Tri-Prism† is a suitable name for this company because a triangular prism has five faces through which light passes and refracts or reflects. This has quite a lot in common with â€Å"Five Stars† both in terms of number and in terms of function. Stars also serve as a source of light. Tri-Prism is a fancy name unheard of in the bicycle and e-scooter industry as the name of a shop before in Europe or America. It is easy to pronounce and yet, its uniqueness leaves a trace on the mind of the listener. â€Å"Shine at Prime† is a very different name and has a theme to share with â€Å"Five Stars.† Prime is also connected to the word â€Å"primary† which in academic terms is translated as â€Å"five†. Shining is a function of stars. So joined together, shine at prime not only relates to â€Å"Five Stars† but also generates a beautiful message to the customers.

THE CURRENT MACROECONOMICS SITUATION IN THE UNITED STATES Essay

THE CURRENT MACROECONOMICS SITUATION IN THE UNITED STATES - Essay Example Continuous increase in the prices of food, shelter and gasoline lead to an increase of 0.2% in August, 2011, same as the previous month. Apparel and shelter are the biggest contributors whereas the prices of health care, personal care, medical care, household operations and furnishing have also seen to be increased significantly. Since April, the Unemployment rate has detained between narrow ranges of 9.0% to 9.2%. Currently, the unemployment rate is 9.1%. The number of long-term unemployed people is 6.2 million, as recorded in September, 2011. These individuals accounted for 44.6% of the total unemployed people in U.S. GDP growth rate is an important indicator to measure the strength of an economy. GDP growth rate is said to be positive when the economy develops. Annualized Growth of real GDP has been recorded far below than 5.4% than the normal recoveries of previous business cycles. Credit rating of U.S is also at risk. Credit rating agencies have downgraded the credit rating of U.S from AAA to AA. Many economists now believe that America’s economy has gone fragile. They recommend that it would not be to cut down the consumption and increase tax rates at this point of time. The dysfunctions in U.S have immense pressure from increasing population, globalization and technological advancements. The U.S requires smart and effective policies in every area. It needs to spend in areas like retirement funds and health care whereas it is encouraged to invest in the fields of research and development, education and infrastructure in order to grow. U.S is at that point of budgetary limits where money should to be used wisely and only on effective projects. But in every other area, government policies are suboptimal. The world used to look at the U.S with awe as Americans had built highway systems for interstate, created best standard for education in the world, invested heavily in the frontiers of knowledge. But this is not now how the world perceives America

Community health nursing(strategies for community health promotion) Essay

Community health nursing(strategies for community health promotion) - Essay Example There are four phases identified in the program outline. Nutritional aspects are identified as the means to improve the health of the community as a whole. The roles of the community health personnel in the program are discussed. The stress is on the role of the community nurse, as the community nurse is required to play several roles, each of which is vital to the successful outcome of the program. In this manner the various aspects that go into the development of a program for improving the health of communities, as a part of efficient public health are discussed in the formulation of the program outline. The objective is to develop a program outline for promoting health in an economically disadvantaged community. In the process goals and objectives to encourage better health in the economically disadvantaged community would be identified. In addition two frameworks or models that influence community change towards the identified goals and objectives would be evaluated. Finally the role of the community health service worker in facilitating the program goals and objectives of health promotion in the economically disadvantaged community would be evaluated. 2. Relevance: Promotion of health in disadvantaged communities is becoming more relevant, as disadvantaged communities around the world are on the increase, and found to have very poor health parameters in comparison to their more prosperous counterparts (Heath & Haines, 2000). Therefore, for two reasons it becomes important that efforts be directed at disadvantaged communities to increase health awareness, and better health parameters. The first reason is that societal equality norms demand that these communities not be left out in the advantages that developments of science and technology have given humankind in the understanding of the nature of diseases and

(RESEARCH PROPOSAL) EVALUATING QUALITY OF SERVICE DELIVERY IN Essay

(RESEARCH PROPOSAL) EVALUATING QUALITY OF SERVICE DELIVERY IN MARKETING OF BANKING SERVICES IN NIGERIACASE STUDY OF BANK PHB PLC (NIGERIA) - Essay Example Specific emphasis will be given to Bank PHB which is one of the most influential and successful banks in this country. (Obafunmilayo, 2007) All banks in any part of the world are expected to provide efficient payment systems, conduct financial mediation and serve as platforms for implementation of monetary policies. Consequently, countries whose banks are able to perform these functions efficiently can boost their respective economies by sufficiently channeling and saving funds that can prove to be very useful for those who are planning on setting up their own businesses or carrying out a specific project. In any country with banking institutions, there are always certain conflicting needs between banks and governments. Banks usually want to operate under liberal market forces yet the Government needs to ensure that the former reflect the fundamentals of the economy. This is actually the reason why the banking sector is one of the most regulated sectors in most world economies and the same applies to Nigeria. This matter is further compounded by the fact that certain actions taken banks are done secretly or in private. Consequently, most of them tend to hide their agenda from the public. (Elumelu, 2005) The Nigerian banking indust... It should be noted that in Nigeria, universal banks take up the largest share; others such as community banks usually restrict their consumer base to certain communities. On the other hand, universal banks operate in the entire nation and may sometimes extend their services to other parts of the world. The Nigerian banking industry has been recording considerable growth over the past few years. This is indicated by the following; Total deposits Total assets Total advances Total loans Over the past five years, these numbers have been increasing. Consequently, one can assert that there will be potential growth in the sector. Competition within the Nigerian banking industry can be classified as oligopolistic. This industry is very saturated but only a small number of banks dominate it. In this case, ten of them are responsible for driving the industry. The dominance of these ten banks is reflected by their market share, loans and advances and their total deposits. As of 2003, it had been established that fifty one percent of the Nigerian banking industry was driven by these companies. (Obafunmilayo, 2007) There are a number of reasons why the latter industry is oligopolistic. First of all, these banks have established consumer loyalty due to the fact that they are old generation banks. Additionally, some historical facts in the previous decades contributed to this outcome. In the nineteen eighties, there was an emergence of commercial banks that saw the dilution of these old generation banks. However, in the next decade, there were a series of distressed banks that had to be liquidated thus causing the earlier concentration that had characterized the nineteen eighties

Alan Firmin Ltd Essay Example | Topics and Well Written Essays - 2500 words

Alan Firmin Ltd - Essay Example Another form of strategy may involve availability of large warehouses to take goods closer to customers. This assists in cutting down the cost of operation and subsequently increasing profits. Alan Firmin Ltd explains what mission, vision, goals, objectives, and core competencies are. In most companies, it is difficult to distinguish between missions and visions. However, the two have a difference if one does a proper analysis. While the mission focus on what the business intends to do currently, vision focus on future achievements. For instance. Alan Firmin Ltd has a main mission of delivery goods and services to the customers at the right time while mitigating environmental pollution. Its vision has been to ‘become a global transport and logistics company.’ however; vision is an extension of the main mission of the company. In most cases, companies may have missions but no vision (Fahey 1999, p.87). To achieve the mission of the company, objectives and goals become imp erative. Objectives objective ways or strategies, which the business must use to reach the mission of the business. Objectives are related to goals with only exception being that the latter are more refined and specific to the mission of the company. ... Question 2 Strategic planning is a long process involved in focusing on the overall assessment of the company. The main questions are ‘what needs to be done, why, to whom and when?’ the aim is to make the company more effective and competitive in the market. It is the process where rational objectives are highlighted to assist in achieving the mission and vision of the company. Question 3 The SWOT analysis and PESTEL are the most suitable planning techniques or tools used to achieve the strategies. In the first category, the strengths, weaknesses, opportunities, and threats of the business are analyzed. Under this, the competitor analysis for instance can provide a company with strategies needed to make the business more competent. PESTEL involves the analysis of political, economic, social, technological, environmental, and legal factors, which may affect a business. Question 4 The economic downturn has contributed to many challenges within the world of business. For th e 2007/2008 economic depression prompted many companies to downsize in order to reduce the cost of operation. On the other hand, companies had to reduce the scope of their businesses due to reduced revenue. However, companies should go beyond their normal business activities and include others that are closely related (Lorenzen 2006, p.56). The selected business activities however must reduce the cost of operation and increase the business revenue. For the purpose of this company, two main activities ought to be included within the strategic structure. Outsourcing and construction of large warehouses are the two main activities proposed. The two play an important role of providing the business with a competitive edge over its main competitors. The