Case Study Social Structure - 1157 Words

Primary Groups Primary groups are those that are formed by a bond of like psychology, genetics, or phase of life. The members of a primary group are usually intimately familiar with each other, and form close bonds that often result in an altruistic approach to supporting, and if necessary defending the group. Usually, the group’s cohesiveness is based on time spent together sharing a culture, fostering kindred feelings in one another, trust and deep sympathy. As a father and husband, my family is the most obvious primary group in my life. My wife and I share time, shelter, trust and a loving relationship with each other. We know each other’s secrets, fears and doubts, no matter how embarrassing or painful. We also share our victories, conquests and successes with support and pride, no matter how big or small they might seem. We watch our toddler son grow more into a boy, and inevitably a man, every day. We share in each stumble, giggle and tear, and help him to help himself in every way that we can possibly think of. We couldn’t imagine living any other way. The thought of ever having to be separated is inconceivable, and we revel in every moment we have together. As a defense contractor, I am also a part of a more novel group of men that share a common interest in doing whatever it is that we must do in order to support the warfighter, and our country. We willingly put ourselves in harm’s way in order to bring our expertise and consistency to the combat zone, inShow MoreRelatedThe Gentrification Theory: Ruth Glass Essay1350 Words   |  6 PagesDescription. Since Ruth Glass first coined the term back in 1964, in order to explain the forced displacement of low-income groups from the inner city areas (Lees et.al, 2008), gentrification has been one of the most popular theories discussed among social and urban specialists. The initial hypothesis states that gentrification is a process lead by middle to high-income people, generally represented under the tags of young families with managerial jobs, real estate investment firms, or the rise of theRead MoreRelationship Between Social Institutions And Economic Growth By Comparing Countries From East Asia And Latin America1072 Words   |  5 PagesBirdsall and Jaspersen, 1997; Todaro and Smith2003). There is a lack of research in the effect of social institutions on economic performance in these two regions. The main proposition of this research is an analytical focus on the relationship between social institutions and economic growth by comparing countries from East Asia and Latin America. The reason for comparing East Asia to Latin America’s social institutions is since the East Asian economic development experience is relevant for developingRead MoreSociology: Are People Just Puppets? Essay922 Words   |  4 Pagesthe social system or does it control us? Society is said to mould individuals, but to what extent? Questions no one can properly answer, although different sociologists have different perspectives. We could argue `Yes, we are puppets of society or `No, we have free will and can make our own decisions Although the most preferred theory is that `We are influenced by society but our fate is not determined by it. All three argue whether we are puppets of society or not? (Social structure -Education) Read MoreTheories Of Crime : Robbery1514 Words   |  7 Pagesbe discovered. Therefore, understanding the patterns and motivations of crimes can be helpful towards preventing their occurrence. This paper focuses on robbery as a type of crime. The two theories that are applied to robbery, in this case, are strain theory and social disorganization theory. Robbery usually involves unlawful taking of property from an organization or an individual through use of force or threat of force. There may also be the use of a weapon in robbery. According to strain theoryRead MoreAshford Mgt 330 Entire Course (Management for Organizations)1371 Words   |  6 Pageshttp://homework-aid.com/ASHFORD-MGT-330-Entire-Course-Management-for-Organizations-944.htm?categoryId=-1 MGT 330 Week 1 DQ 1 Surf Shop Comparison MGT 330 Week 1 DQ 2 Company Evaluation MGT 330 Week 2 Case Study Starbucks’ Structure MGT 330 Week 2 DQ1 Structure for Conglomerates MGT 330 Week 2 DQ2 Classifying Structure MGT 330 Week 3 DQ 1 Legal Aspects of Staffing MGT 330 Week 3 DQ 2 Bias in Performance Appraisal MGT 330 Week 4 DQ 1 Theories of Motivation MGT 330 Week 4 DQ 2 Productivity Management MGTRead MoreIntroduction:. â€Å"All The World’S A Stage† – Shakespeare1583 Words   |  7 Pagesvarious views on social skills and the development of â€Å"soft skills† (Heckman Kautz, 2012), there is a constant inflow of people and situations within which social norms require us to present different versions of ourselves – what in this paper we shall call â€Å"masks† or â€Å"personas.† This paper will provide examples from old plays and stories in order to keep it more contemporary – even use pop culture as a reference, so as to create a deeper and more comprehensive understanding of how social personas andRead More The Role of the Lesion Method in the Understanding of Healthy Brain Functions1578 Words   |  7 Pagesinconsistent behaviours and the profound difficulties when performing certain tasks with Galen being the first to underpin the complexities that underlie brain-behaviour relationships (in Banich, 2004). One of the most compelling and well-known documented cases of severe brain injury and personality disorders comes from Phineas Gage (1848 in Passer, Smith, Holt, Bremner, Sutherland, Vliek, 2009). Gage was a road rail construction foreman who had experienced an iron metal rod passing right through to hisRead MoreEssay on Social Polarisation1496 Words   |  6 Pages Polarisation is a term that usually refers to ‘extreme of two extreme situations’. In this context, social polarisation is examined in detail. Social polarisation is an expression associated with the segregation within a society that may emerge from income inequality, real-estate fluctuations, economic displacements etc. and result in such differentiation that would consist of various social groups, from high-income to low-income (Moulaert, F. et al. (2003)). This essay will outline the two contrastingRead MoreJournal Article Evaluation And Critique1625 Words   |  7 PagesElizabeth A. et al. (2014). â€Å"Good Girls†: Gender, Social Class, and Slut Discourse on Campus. Social Psychology Quarterly, 77(100), 100-122. Doi: 10.1177/0190272514521220. The issue that the authors address is trying to find an explanation and understanding of why women actively participate in slut shaming. 2. The theory that was tested was whether women participate in slut stigma in order to maintain their different status in regards to social standing. The main concepts of this was that womenRead MoreAnomie Theory1630 Words   |  7 Pages(pathological) social phenomenon (Cartwright, 2011). It describes a lack of social norms, lawlessness and normlessness (Cartwright, 2013). In detail, it is a breakdown of social bonds between an individual and the community. This theory was first coined by Emile Durkheim, a French sociologist in his book Suicide published in 1897 (Cartwright, 2013). Later on, Robert Merton, the President of American Sociological Association, developed the link between anomie and social structure. Unlike Durkheim

Conclusion To Financial Statement Free Essays

Conclusion This Project has been very useful to me because I learned how to prepare cash flow statements and ratio analysis. This has improved my knowledge on financial statements which is very useful in business and commerce ever day. The work I did in this project has helped me to understand the techniques, applications and usefulness of financial statements to understand the performance of a particular company or enterprise without much difficulty and also understand how to prepare them in future. We will write a custom essay sample on Conclusion To Financial Statement or any similar topic only for you Order Now I came to the following conclusion while preparing this project. Purposes of Financial Analysis Judging The Earning Capacity On the basis of the financial analysis, the earning capacity of the business concern may be computed. In addition to this, the future earning capacity of the concern may also be forecasted. All the external users of accounts, specially the investors and potential investors are interested in this. Judging The Managerial Efficiency The financial statement analysis helps to pinpoint the areas where in the managers have shown better efficiency and the areas of inefficiency. For example, using financial ratios, it is possible to analyze relative proportion of production, administrative and marketing expenses. Any favorable or unfavorable variations can be identified and reasons thereof can be ascertained to pinpoint managerial efficiency and deficiency Judging The Short-term Long-term Efficiency Of The Enterprise On the basis of financial analysis, long-term as well as short-term solvency of the concern may be judged. Creditors or suppliers are interested to know the short-term solvency/liquidity of the concern i.e. ability to meet short-term liabilities. Debenture holders and lenders judge the ability of the company to pay the principal amount and interest on the basis of financial analysis Inter-Firm Comparison Inter-firm comparison becomes easy with the help of financial analysis. It  helps in assessing own performance as well as that of others, if merges and acquisitions are to be considered. Making Forecasts Preparing Budgets Past financial statement analysis helps a great deal in assessing developments in the future, especially the next year. For example, given a certain investment, it may be possible to forecast the next year’s profit on the basis of earning capacity shown in the past. Analysis thus helps in preparing the budgets. Understandable Financial analysis helps the users of the financial statements to understand the complicated matter in simplified manner. Different date can be made more attractive by charts and diagrams which can be easily understood Uses of Financial Statement Security Analysis It is a process by which the investor comes to know whether the firm is fulfilling hi expectation with regard to payment of dividend, capital appreciation and security of money. Such analysis is done by a security analyst who is interested in cash-generating ability, dividend payout policy and the behavior of share prices Credit Analysis Such analysis is useful when a firm offers credit to a new customer or a dealer. The manager of the firm would like to know whether to extend credit to them or not. Such analysis is also useful for a bank before granting loan to the public. Debt Analysis Such analysis is done by the firm to know the borrowing capacity of a prospective borrower. Dividend Decision Financial analysis helps the firm in deciding about the rate of dividend. Management would have to decide about how much portion of earnings to distribute and how much to retain. Such decisions indicate the profitability of the firm and hence to some extent affect the behavior of share prices General Business Analysis Financial analysis can be used to identify the profit drivers and business  risks in order to assess the profit potential of the firm. It helps in the future growth scenarios of the firm Limitations Of Financial Statement Historical Analysis Financial statement analysis is a historical analysis. It analysis what has happened till date. It does not reflect the future. Person like shareholders, investors, etc are more interested in knowing the likely position in the future. Ignore Price Level Changes Price level changes and purchasing power of money are inversely related. A change in the price level makes analysis of financial statements of different accounting years invalid because accounting records ignore change in the value of money Qualitative Aspects Ignored Since the financial statements are confined to the monetary matters alone, the qualitative aspects like the quality of management, quality of labor force, public relations are ignored while carrying out the analysis of financial statement Not Free From Bias In many situations, the accountant has to make a choice out of alternative available, e.g. choice in the method of inventory valuation or choice in the method of depreciation. Since the subjectively is inherent in personal judgment, the financial statements are, therefore, not free from bias Variation In Account Practices For inter-firm comparison, it is necessary that accounting practices followed by the firms don’t vary significantly. As there may be variations in  accounting practices followed by different firms, a meaningful comparison of their financial statements is not possible How to cite Conclusion To Financial Statement, Papers

Role of HR in Change Management

Question: Identify and assess the process of planning and managing change within an organisation. What role should HR play in change management? Answer: What Role Should HR Play in Change Management? The competition within the business environment has increased to such an extent that it drives the organizations to be creative and innovative in their approach which in turn drives them towards implementing change (Armenakis et al., 1993). This is important because change is the only constant thing and an organization while conducting its operations is likely to get affected by various external forces which can be depicted with the help of the following figure: [Source: www.changeboard.com] However while implementing change; the organization might various challenges out of which resistance to change on the part of the employees is looked upon as one of the most important factors (Burke et al., 2008). The main reasons on the part of the employees to resist change can be depicted with the help of following figure: [Source: www.changeboard.com] So this demands that the Human Resource Management should play an important role in managing the people so that changes can be implemented in an effective and efficient manner. The HR department within the organization is involved in recruiting, training, developing and monitoring the performance of the employees i.e. takes into consideration the various aspects that are related to the employees together with their level of motivation and job satisfaction and thus it can be said that it tend to play a major role in change management (Farndale Paauwe, 2010). So in this context the HR department strives to provide various resources that facilitate an organization to identify the processes which are essential in managing change and this reveals the fact that HR department involves in formulating strategies in order to ensure that the members of the organization readily and successfully adapts the change (Murray et al., 2008). Thus the role of HR as a change agent can be illustrated wit h the help of the following table: [Source: www.managemetnstudy.com] [Source: www.managemetnstudy.com] Thus it can be inferred that facilitating an organization with the tight kind of motivated employees is the responsibility on the part of the HR department and thus they strive towards recruiting the candidates who possess the ability to think out of the box can thus come up with fresh perspectives (Han et al., 2006). On the other hand it is also the responsibility of the Hr department to encourage and mentor the employees recruited in such a manner that they can act as future change agents. Again HR department also focuses upon organizing various training and development programs in order to equip the employees with the necessary skills which would facilitate them to adapt the change and remove their fears regarding the change. Again this can be illustrated with the help of the example of Royal Philips Electronics which has experienced various changes from both the internal and external forces. In the external context, it can be said that business environment is changing at a rapid pace and also has to deal with high price of raw materials due to inflation. Moreover in the year the company faced an internal change when Frans Van Houten was appointed was the CEO in place of Gerard Kleisterlee who was the former CEO. The newly appointed CEO announced various change areas like they have to operate faster and also announced that the management of the company is centralized. These responses reveal that the new CEO is looking forward towards minimizing the costs, motivating the employees to work with their full potential and enhance the organizational agility. Thus there was a shift in the culture of the organization and the values created were as follows Taking ownership Teamwork Eager to win Thus if the above changes is taken into consideration it can be said all these can changes within the organization can be successfully implemented only if the employees are motivated and are ready to accept the change. So in this regard, the HR department of the origination should strive towards establishing an effective communication with the employees in order to communicate the various aspects of change focusing mainly upon the benefits of change (Kotter, 1995). This would facilitate in reducing the uncertainty on the part of the employees and provide them a clear idea regarding what is expected from them. So it would facilitate in accelerating the process of the change implementation. So analyzing the incidence in the concerned organization it was observed that the company focused upon the above mentioned aspects and motivated HR department to play the major role in the change implementation and this facilitated the organization to occupy the position in the market it is experien cing at present. Thus HR change management competency model can de illustrated with the help of the following figure: [Source: www.amo.uvt.com] References Armenakis, A. A., Harris, S. G., Mossholder, K. W. (1993). Creating Readiness for Organizational Change. Human relations: studies towards the integration of the social sciences, 46 (6), 681. Burke, W. W., Lake, D. G. Paine, J. W. (Eds.) (2008) Organization change: a comprehensive reader. San Francisco: Jossey-Bass Farndale, E. Paauwe, J. (2010) Context-bound configurations of corporate HR functions in multinational corporations. Human Resource Management, 49 (1), 45-66. Han, J., Chou, P., Chao, M., Wright, P. M. (2006). The HR Competencies HR effectiveness link: a study in Taiwanese high-tech companies. Human Resource Management, 45 (3), 391-406. Kotter, J.P. (1995). Leading change: Why transformation efforts fail. Harvard Business Review, March-April, 59-67. Murray, J., Markides, C., Galavan, R. (Eds.) (2008). HR Dreams: Where Human Resource Management is Headed to Deliver Value. Oxford: Oxford University Press