Impotance of career planning Essay Example | Topics and Well Written Essays - 750 words

Impotance of career planning - Essay Example As a function of such differing aspects of personal well being and growth, this brief analysis will consider a few of the reasons why career planning is essential to maximizing success and satisfaction in life. In order to accomplish such an analysis and/or investigation, this author will integrate with career planning based upon the following determinants: the necessity of performing career planning in order to define and differentiate what actions must be accomplished in order to direct ones path towards the ultimate goal as well as the necessity of career planning in order to maximize satisfaction. Firstly, the reader can and should integrate with an understanding of the fact that it is necessary in order for the individual to make something of a road map of future actions that must be completed in order to realize the goals they have set for themselves. One can easily take a quick glance around their local academic institution and quickly realize that a very large majority of the students within the system have not a clue or the foggiest notion with regards to how they will accomplish the goals after university. As a function of this, creating a set of metrics and milestones that will help define and guide the shareholder in the correct direction is a requirement to proper career planning (Babik 7). This is not to say that career planning is something of a concrete science that cannot be bent or changed as time goes on. Rather, it is the understanding of this author that unexpected eventualities will shift the way in which the shareholder expects to accomplish the goals that he/she has set; however, having a plan and being able to change that plan is of vital importance due to the fact that without it there is little hope that much in the way of proactive planning or thinking will be accomplished. An aspect of career planning that is often ignored is the fact that proper career planning can easily help an individual to realizes a far greater degree of satis faction than they would had they not engaged in any level of planning (Chen & Fulmer 15). This strikes at the very root of what proper career planning can effect due to the fact that this is the connection between hopes, dreams and realities. Without a clear idea in mind of the aspects of one’s career that can bring the highest level of success and personal satisfaction, the individual oftentimes finds themselves in situations that hardly resemble what they had previously imagined (Magnuson & Starr 99). This is not to say that without proper career planning the individual will necessarily find themselves in a miserable career with little to no satisfaction in the work that they are performing; rather, it merely helps to underscore the fact that without career planning the likelihood that satisfaction will be evidenced in one’s work environment is necessarily reduced (Greenhaus 4). As a function of these determinants that have been listed in this brief analysis, the rea der can come to the understanding that proper career planning is an integral component of helping to maximize personal satisfaction and success. By creating a definitive road map for how key

Management principles Essay Example | Topics and Well Written Essays - 1250 words

Management principles - Essay Example Our company will strive hard to develop itself as a foremost local fast food brand in the market. We plan to offer the most enchanting services to our customers when they visit our outlet or surf through our website. What we endeavor to deliver, is satisfaction and quality, so that we can establish mutual trust with our customers. Paramount Fast Food Services will sell quality products such as fries, hamburgers, pizzas, hot dogs, sandwiches, ice creams and soft drinks. At our restaurant, customers will enjoy the proactive support of our people. The restaurant will be designed in a manner to deliver the most relaxed atmosphere to customers. Paramount Fast Food Services restaurant will range from 80 – 100 meter square and will seat from  35-40 guests. The restaurant will remain open all through the week from 8 in the morning to midnight. We will set up the most comfortable furniture in the restaurant along with the installation of air conditioners and heaters. We will also ensure that our brochures and posters are well distributed in all the parts of the city in order to reach out to our customers. Our restaurant will be adorned with the posters and photographs that highlight our products. In addition to that, we will also be installing a television at the restaurant so that customers can enjoy the foo d while watching their favourite soccer or cricket match. We will be making special arrangements for the children by allocating a separate play area for them where they can enjoy a variety of games. Thus, the atmosphere will be such that gratifies all our customers. Moreover, take away system is also an essential part of our restaurant and it will be one of our priorities to ensure smooth progress of it. Our restaurant will be located in the heart of London near the Oval Cricket Stadium. This location is quite popular in London as people of all ages often come to watch matches during the cricket season. This area is also populated with

Self evaluation learning and action plan Essay Example | Topics and Well Written Essays - 1500 words

Self evaluation learning and action plan - Essay Example This section will offer the progress report which will be only limited to the first three capabilities. The first three capabilities are communication, team work and problem solving. Hence the identification and evaluation process will be confined to these segments only. In the first segment, I have tried to enhance my communication skills, skills required for successful team work and also expertise required for solving various problems. Now in order to develop the aforementioned factors, I believe that elements such as listening & understanding, clear speaking and sharing information, working across different ages, identification of the strengths of the team members and offering creative and innovative solutions for various problems are important as well as essential. I have developed the skills mainly by following my teachers and the persons whom I admire. Apart from those, specialized trainings also facilitated learning for me and enhanced my skills. Moreover, feedback from the tu tors has helped to serve the purpose. I also feel that my communication skills, problem solving skills and team work skills have indeed developed. In order to cite an example, a few months back, when I took admission for the masters, I used to feel the nervousness when events such as individual presentations took place. However these days I feel confident and do not undergo any kind of nervousness. A few days back I was to give a presentation on ‘stakeholder’s role on developing a brand value’ and did not sense any nervousness within myself. This demonstrates that my communication skills have developed. As an example of successful team work I will share my experience about the market survey project. I was in a group of 5 people where there were students from USA, Australia and also from Asia. I get along with them very well, irrespective of the cultural differences and we worked as a team and formulated a successful project report. Finally regarding my skills as a problem solver, I have been praised by my friends a number of times. Recently, there was an incident that took place where our college assigned us a project of market survey, which requires substantial amount of money. Being students we could not afford to spend a significant sum of money, still we had to complete the assignments for securing good grades. I took the matter to the higher authority and they provided us the money required to conduct the project. This is how I solved the problem. However I also feel development is a continuous process and it should run as a chain. In future I would like to develop these skills by applying them in professional fields. In the aforementioned categories I believe my communication needs further development in the form of establishing and using networks, independent reading and writing exactly according to the requirement of the topic. Furthermore to enhance my skills I need to interact with the teachers frequently. Hence on the basis of th e skills and expertise, I intend to become a successful businessman in the near future. I believe that using communication skill, I can interact efficiently with my clients and employees. This will also help me in the long run. Also my problem solving skills will hugely assist me in the process of

Analyzing Fed Policymaking 1996-1998 Term Paper

Analyzing Fed Policymaking 1996-1998 - Term Paper Example With upward rising of the aggregate, there are favorable conditions to drive economic growth such as high job creation, high production, and business expansion. The Federal Reserve policies between 1996 and 1998 were aimed at stimulating growth in ensuring increased productivity, which resulted in increased employment and reduced inflationary rates through control of interest rates. A report by Federal Reserve Board (1999) showed that, economic growth between 1996 and 1998 was remarkable and stronger than many had expected. The economy growth was more than 3.5% in 1997 and between 2.5 and 3.0 % in 1998. By 1998 the real GDP growth was at 3.5%, and was expected to rise further in the following years (Lewis, 1998). According to Lewis, at the start of October 1998, the S& P was abnormally high having risen from about 1000 in earlier years to about 1400 by July 1999. The Fed had to impose a 40% increase in the S &P by hiking interest rates from 4.75 to about 6.5 in the following years. T his rise resulted from an â€Å"irrational exuberance’ where too much money was being injected into the booming internet and technology industries (Lewis, 1998). Figure 1 portrays the general trend of interest rates during this period, Figure 2 portrays the relations between money supply and price levels between 1950 and 2008, while figure 3 shows the dollar performance compared to German’s in 1998. The major driver of the U.S economy that resulted in a high economic growth between 1996 and 1998 was capital spending. Many organizations continued to invest heavily in information technology and modernizing communication equipment to improve their productivity (Lewis, 1998). The market interest rates affect borrowing and lending policies, which affect the production and consumption of goods, products and services. The Federal Reserve Board (1999) explains that, these factors largely influence employment and job creation; high interest rates will discourage investors henc e low job creation opportunities. For example, during this period, Fed decided not to hike the interest rates to control the exponential market growth in preventing the economy from tending to inflation. This is observed in graph 1. In the year 1996, it was expected that inflation and interest rates would be on the rise towards the end of that year, but it turned otherwise (Federal Reserve Board, 1999). As Mishkin (115) explains, the demand for money and interest rates are inversely related using the opportunity cost aspect. This is the expected return sacrificed by an investor by not holding the alternative asset, which refers to a bond in this case. Moreover, demand for money is determined by the wealth or income and the price levels in the market (Mishkin, 116). The federal authority polices during this period were aimed at robust growth in employment, recovery and strengthening of the dollar, and regulated interest rates, which increased wealth and lowered the interest rates mak ing the demand of money to increase. There was a general fall of the domestic interest rates and national debts over this period (Mishkin, 11). In the third quarter of 1998, uproar in financial market globally resulted in a sharp drop in value of the dollar, having dropped from DM 1.7993 to DM 1.6718, which could have shifted the economic growth as well as interest rate policies towards encouraging more borrowing. Low interest rates contributed

Tsunami Analysis Essay Example | Topics and Well Written Essays - 1500 words

Tsunami Analysis - Essay Example The process of research is the backbone to the preparation of any piece of academic writing. Research involves the processes of acknowledging sources, avoiding plagiarism, in-text referencing and preparation of references. According to an article from the University of Canberra, many students write their academic papers based on the ideas of other writers or authors. As a result, it is proper for these students to acknowledge sources since it gives credibility to the source or piece of writing being prepared. The acknowledgement of sources helps in supporting research conducted by the student or researcher. The article further clarifies that acknowledgement of sources gives authority to a piece of writing while at the same time it helps in avoiding plagiarism. Plagiarism is a crime that many students usually commit knowingly and unknowingly which can be avoided by properly acknowledging sources (Harbord, 2007). Finally the article gives examples of pieces of writing that could be con sidered as academic. Academic writing assignments include dissertations, literature reviews and annotated bibliographies which are commonly written by students. Dissertations can be short or long pieces of writing while literature reviews is a piece of writing that gives an overview of a research question or issue. Annotated bibliographies are also used in summarizing sources listed in the reference list and they are effective is shading light into the general idea expressed by the writer (Harbord, 2007). Different academic writing styles make use of citation styles such as APA, MLA and Harvard in acknowledging the sources from different authors. Generally, the article was important in giving... The paper tells that Asian Tsunami of the year 2004 did not spear the environment since several coastlands where the coastlines were redrawn leading to change in coastlines. For instance, the Andaman and Nicobar islands were severely destroyed by the Asian tsunami. Sea creatures were not speared in the aftermath of the tsunami as many sea animals were killed especially around the epicentre of the undersea earthquake. Once the ocean moved a lot of damage and catastrophe were noticed within a short period of time. The devastation led was noticed by the International community and many countries came along to the aid of the affected countries and people. Australia was one of the countries that came to the aid of the affected regions and people in the Asian region. Several Australian tourists who were holidaying in the region were evacuated with the help of the Australian governments. The tsunami was massive and it reached the coast of Australia but it did not cause a lot of damage. Aust ralia, the United States of America and several European countries mopped up funds and personnel aid to the Asian countries hit by the tsunami. Many people were displaced by the tsunami and they were in dire need of help thus help was extended to them. Most of these internally displaced people (IDP’s) lacked food, shelter, water and health services hence international community in conjunction with aid agencies such as the Red Cross and Medicine San Frontiers.

How Customer Service earns Customer Loyalty Thesis

How Customer Service earns Customer Loyalty - Thesis Example The study would also include a section that would address the area of primary research methodology that would be used to analyze the research question. Finally the study would also contain a section that would summarize the findings of the study and finally suggest certain plausible recommendations that would help marketers of service based organizations to formulate effective strategies that helps in build long term relationships with the organizations thus fostering customer loyalty and ensuring sustainable competitive advantage for the organization in the long run in the competitive and turbulent business environment. Table of Contents How Customer Service earns Customer Loyalty 1 Abstract 2 Chapter 1: Introduction 5 Statement of Problem and Importance of Study 6 Definition of Terms 8 Customer Loyalty 8 Brand 8 Brand Equity 8 Innovations 8 Service Mix 8 Research Questions 9 Summary 9 Chapter 2: Literature Review 10 Historical Background 10 Service Delivery and Customer Loyalty 11 Measuring Customer Satisfaction 14 Distinction between Products and Services 15 Elements of Customer Loyalty 17 Service Innovations and Customer Loyalty 18 Customer Loyalty and Competitive Advantage 20 Service Mix and Customer Loyalty 21 Customer Loyalty and Brand Image 22 Summary 24 Chapter 3: Primary Research Methodology 24 Sampling 25 Data Collection Techniques 25 Research Methodology 26 Summary 27 Chapter 4: Discussion, Conclusion and Recommendations 28 Discussions 28 Conclusions 29 Recommendations 30 References 32 Chapter 1: Introduction The present age of business and consumer markets is rightly termed as the age of consumers. Business organizations in the wake of increased completion within the market are trying out new means to lure customers. It has become essential for organizations to not only attract new customer alone but to also retain the existing customers. In this event customer relationship management and consequently customer loyalty have become largely an importa nt part of the strategy formulation of business organizations. This strategy of business organizations follows from the popular thought which states that it is easier and less expensive to retain an old customer rather than acquiring a new one. Promoting customer loyalty has therefore become one of the most important elements of strategy formulation for business organizations. Customer loyalty is largely measured as an outcome of the level of customer satisfaction which is defined as â€Å"the customer’s fulfillment response to a customer experience, or some part thereof† (Buttle, 2008, p.44). Business organizations are trying out newer strategies to induce customer loyalty which includes providing loyalty cards that can be used by the customer to redeem points based on their purchases. The points can be redeemed for cash discounts or other offers which helps induce repeat purchases by the customers. Customer loyalty has gained widespread importance in the recent years with the dynamics of markets changing from a seller’s market to a buyer’s market. Promoting customer loyalty also helps an organization to get closer to its customers so as to better analyze the demands of the customers. The importance of customer loyalty can be gauged from the fact that in Europe

The global shift against the death penalty Essay

The global shift against the death penalty - Essay Example by saying that the death penalties are not the trade mark of the civilized nations and should be eliminated from the laws as it is an abuse to the human rights. And no crimes will come to end by putting any person’s life to end even after committing any dreadful crime. United States is the one that break human rights itself. Though the government speaks a lot in the favor of saving human kind and ensures their protection in their course of communication with the foreign world yet it reveals concerns regarding violations of human rights in many country e.g Cuba, Iran, Afghanistan China. So its biasness towards this law is not likely to do so in near future. Q3. A number of U.S. states have suspended or abolished in practice the use of the death penalty in recent years due to cases of errors in its application. Should this situation be a factor in determining whether the death penalty should be continued? No, it does not guarantee that U.S will end the death penalty because American states will never be the follower of this abolishing of capital punishment. The suspension of states in following of this rule has a reason behind it as according to them penalty of life taking is now remained with the act of murder (in which the criminal had taken the life of the other one). Because in other crimes e.g rape the victim does not die and so criminal is not hanged till death. Q4. How do you explain the fact that the U.S. is one of the few nations in the world that actively employs the death penalty, and that the other nations are largely those with which the U.S. shares very little in common (i.e., few are U.S. allies or developed countries)? As discussed earlier, the U.S does speak of human rights and constitutional rights, but its acts are the evidence of insult of human rights themselves. The government considers the death penalty as not that much unpleasant and cruel act. Though they have reduce death penalties against the crimes of robbery rape etc to just one