David Jones Strategy and Branding - 1534 Words

As the new CEO of David Jones, it is recommended that Zahra reinforces internal branding, leadership capabilities and undertakes a re-evaluation of David Jones’ company culture and employee skills to restore organisational stability and a favourable public image. Reinforcing Internal Brand to Restore Image One of Zahra’s primary concerns should be to ameliorate the damage of McInnes’ actions on the integrity of the David Jones brand in the public eye. This is a critical organisational behaviour issue due to the correlation between projected brand image and firm cultural identity (Gioia et al. 2000). David Jones employees, of which 79.5% are female (David Jones Limited 2010) may feel alienated from organisation’s identity due to†¦show more content†¦2006). Zahra’s ability to re-establish these links and control the organisational network will enable him to lend further to his leadership credibility, as well as effectively disseminate core ideas for organisational focus (Eisenstat et al. 2008). Organisational Corporate Social Responsibility The final issue to be discussed upon the inception of Zahra’s role is the authority of David Jones’ management and behavioural expectations, focusing on the firm’s approach toward stakeholder complaints. This is stipulated in light of recent litigation by former employee Kristy Fraser-Kirk following the supposed dismissal of her sexual harassment claims by her colleagues and superiors (Fenner and Schneider 2010). The rejection of such claims demonstrates a poor understanding †¨of behavioural expectations within the workplace together with an unsatisfactory commitment to addressing employee concerns, indicating substandard protocol enforcement in David Jones (Gruber 1998). Dubios et al. (1997) state that the conduct of senior management generally shapes the organisational culture of a workplace and its employees, and as a consequence, when issues of sexual harassment are recognised as significant professional concerns and addressed appropriately by management , awareness and respect from staff will improve along with employee morale, thus enhancingShow MoreRelatedWhat Do You Identify as Sonys Resources, Capabilities and Core Competencies? Does Sony Have a Sustainable Competitive Advantage?1289 Words   |  6 Pagesspecialist manufacturers. It employs a number of strategies in order to differentiate itself from these rivals and maintain its authentic association with surfing culture. These strategies include pursuing a niche market of 10-24 year old brand obsessed and anti mainstream consumers, multi branding, high involvement in multiple promotions to convey that Billabong is genuine and linked directly with the sport and also the strength of the brand itself. These strategies enable Billabong to successfully distinguishRead MoreResearch Proposal on Brand Loyalty in Mobile Phone Market1416 Words   |  6 Pagespreferences of Vietnamese growing market, and therefore being able to apply the knowledge and gain a competitive advantage in m arketing over existing firm. 4. Significance of the study This paper may be significant to improving the existing marketing strategy of Vietnamese’s mobile phone suppliers, particularly for new companies in the market, such as FPT with their S99 smart-phone; thus helping them to gain an advantage over established foreign suppliers (such as Nokia, Samsung, etc.). 5. DefinitionsRead MoreStrategic Review of Australian Department Store David Jones2623 Words   |  11 PagesDavid Jones Limited (DJS) is an Australian retailer tracing its origins back to 1838 when it first opened in Sydney to sell â€Å"the best and most exclusive goods† (DJS, 31 Oct. 2009). It has since expanded to become a national retail chain comprising of nearly 40 premium department stores. The subject of this analysis is a strategic business unit (SBU) that is playing an increasingly important role in the company’s future growth strategy; namely the provision of financial services. As the resultRead MoreDavid Jones Case Study3251 Words   |  14 PagesComparative Financial Analysis for the financial year 2012 for DAVID JONES Word Count: words Members of the Group (surname underlined): LIM EWE LEE 30109302 WONG MEI LIN 30109335 TEH KONG CHENG 30111788 Executive Summary David Jones, an Australia base company with its core business of operate departmental store in Australia, the company focus are beauty and cosmetic products, women’s wear, women’s accessories and footwear, menswear and accessories, food products, toys,Read MoreClass Or Mass? Neptune Case Study1801 Words   |  8 Pagesfrozen and processed seafood to retailers, their products are considered high quality brand seafood, and Market prices are changes daily with seafood, meat and fruits to customers who want to have quality goods. The knowledge creative organization’s strategy is to be one step ahead of the competitor and view customers and products as a whole—a total package. A customer cannot make do or survive without the product or service that the organization is soliciting. Of course, not all creative endeavorsRead MoreCompany Vision And Strategy Of Unilever1174 Words   |  5 Pagescommerce to many countries. Due to the fact that they sold their com modities in many regions, Unilever had to invest in a matrix of managers for financial and creativity to adapt to the locals’ palatableness and inclinations. This company vision and strategy led to the matrix organizational structure. (Maljers, 1992). Unilever’s Matrix Structure Unilever is made of a matrix of an organizational structure. This provides flexibility, efficiency, and the uncertainty of customers’ needs worldwide. ( NahavandiRead MorePop Up Stores1304 Words   |  6 PagesINTRODUCTION At the beginning of the 21st century, retailing has experienced a significant change due to the increase of competition strategies. This report will illustrate the traditional concept of retailing and introduce three new kinds of retail forms and combinations that has emerged, which includes co-branding retailing, limited time only stores and retail entertainment in the global market. RETAILING Retail, in the traditional sense includes all the activities in selling goods or servicesRead MoreMcdonalds Organizational Structure1757 Words   |  8 Pages(Scott amp; Davis, 2007). Rational systems theory is generally viewed as a closed system (Ashmos amp; Huber, 1987); however, to deal with environmental changes the organization sets new tactical goals to satisfy the organization’s strategic goals (Jones, 2010). The language employed connotes†¦knowledge, efficiency, optimization, implementation, and design occurs frequently (Scott amp; Davis, 2007, p. 36). The goals of McDonald’s remain consistent with the characteristics of most formalized organizationalRead MoreTesco in China4816 Words   |  20 Pages...................................................................... 16 Is Tesco able to deliver its Strategy? ......................................................................... 17 5. List of References............................................................................................................. 18 i List of Tables Table 1: Tesco’s International Strategy Table 2: Current Shopping Trends in China Table 3: Opportunities and Threats in the Chinese Retail MarketRead MoreEssay on Strategic Marketing : Colgate3843 Words   |  16 Pages INTRODUCTION The concern given to develop a marketing strategy which acts as a vital and integral part of business where a fastest growing company like Colgate being taken under consideration focusing to the basic understanding and developing opportunities in sales increment, brand management as well as to evaluate and understand the current opportunities to derive the best from it as an advantage. The development of marketing strategies acts as value added in business and also helps the firm to

Molecular Geometry Definition in Chemistry

In chemistry, molecular geometry describes the three-dimensional shape of a molecule and the relative position of the atomic nuclei of a molecule. Understanding the molecular geometry of a molecule is important because the spatial relationship between atom determines its reactivity, color, biological activity, state of matter, polarity, and other properties. Key Takeaways: Molecular Geometry Molecular geometry is the three-dimensional arrangement of the atoms and chemical bonds in a molecule.The shape of a molecule affects its chemical and physical properties, including its color, reactivity, and biological activity.The bond angles between adjacent bonds may be used to describe a molecules overall shape. Molecule Shapes Molecular geometry may be described according to the bond angles formed between two adjacent bonds. Common shapes of simple molecules include: Linear: Linear molecules have the shape of a straight line. The bond angles in the molecule are 180Â °. Carbon dioxide (CO2) and nitric oxide (NO) are linear. Angular: Angular, bent, or v-shaped molecules contain bond angles less than 180Â °. A good example is water (H2O). Trigonal Planar: Trigonal planar molecules form a roughly triangular shape in one plane. The bond angles are 120Â °. An example is boron trifluoride (BF3). Tetrahedral: A tetrahedral shape is a four-faced solid shape. This shape occurs when one central atoms has four bonds. The bond angles are 109.47Â °. An example of a molecule with a tetrahedral shape is methane (CH4). Octahedral: An octahedral shape has eight faces and bond angles of 90Â °. An example of an octahedral molecule is sulfur hexafluoride (SF6). Trigonal Pyramidal: This molecule shape resembles a pyramid with a triangular base. While linear and trigonal shapes are planar, the trigonal pyramidal shape is three-dimensional. An example molecule is ammonia (NH3). Methods of Representing Molecular Geometry Its usually not practical to form three-dimensional models of molecules, particularly if they are large and complex. Most of the time, the geometry of molecules is represented in two dimensions, as on a drawing on a sheet of paper or a rotating model on a computer screen. Some common representations include: Line or stick model: In this type of model, only sticks or lines to represent chemical bonds are depicted. The colors of the ends of the sticks indicate the identity of the atoms, but individual atomic nuclei are not shown. Ball and stick model: This is common type of model in which atoms are shown as balls or spheres and chemical bonds are sticks or lines that connect the atoms. Often, the atoms are colored to indicate their identity. Electron density plot: Here, neither the atoms nor the bonds are indicated directly. The plot is a map of the probability of finding an electron. This type of representation outlines the shape of a molecule. Cartoon: Cartoons are used for large, complex molecules that may have multiple subunits, like proteins. These drawings show the location of alpha helices, beta sheets, and loops. Individual atoms and chemical bonds are not indicated. The backbone of the molecule is depicted as a ribbon. Isomers Two molecules may have the same chemical formula, but display different geometries. These molecules are isomers. Isomers may share common properties, but its common for them to have different melting and boiling points, different biological activities, and even different colors or odors. How Is Molecular Geometry Determined? The three-dimensional shape of a molecule may be predicted based on the types of chemical bonds it forms with neighboring atoms. Predictions are largely based on electronegativity differences between atoms and their oxidation states. Empirical verification of predictions comes from diffraction and spectroscopy. X-ray crystallography, electron diffraction, and neutron diffraction may be used to assess the electron density within a molecule and the distances between atomic nuclei. Raman, IR, and microwave spectroscopy offer data about the vibrational and rotational absorbance of chemical bonds. The molecular geometry of a molecule may change depending on its phase of matter because this affects the relationship between atoms in molecules and their relationship to other molecules. Similarly, the molecular geometry of a molecule in solution may be different from its shape as a gas or solid. Ideally, molecular geometry is assessed when a molecule is at a low temperature. Sources Chremos, Alexandros; Douglas, Jack F. (2015). When does a branched polymer become a particle?. J. Chem. Phys. 143: 111104. doi:10.1063/1.4931483Cotton, F. Albert; Wilkinson, Geoffrey; Murillo, Carlos A.; Bochmann, Manfred (1999). Advanced Inorganic Chemistry (6th ed.). New York: Wiley-Interscience. ISBN 0-471-19957-5.McMurry, John E. (1992). Organic Chemistry (3rd ed.). Belmont: Wadsworth. ISBN 0-534-16218-5.

Self Control Theory A General Theory Of Crime - 1309 Words

Self-control theory hypothesizes that self-discipline explains a variance in the extent to which people are susceptible to specific urges, whether committing criminal or non-criminal actions. Travis Hirschi and Michael Gottfredson gave rise to self-control theory in their book named A General Theory of Crime. Because its creators define the self-control theory as a â€Å"general theory of crime†, to them it is believed that this theory can be implemented to multiple behaviors where a person is not capable to resist desires, which allow for a quick self-gratification. Not only this, but Gottfredson and Hirschi also trust that the self-control theory describes the flexibility of crime; because of this, it is appropriate to assume that criminals are also expected to partake in other dangerous behaviors seen as innocent by the law (Kubrin, Stucky, and Krohn 187). Self-control theory operates under the assumption that willpower is developed early on in childhood and from thereafter it is relatively stable throughout the remainder of that individual’s life. Hirschi and Gottfredson state that low-self control can be determined by an individual’s propensity to have behaviors revolving around being â€Å"impulsive, insensitive, physical, risk-taking, short-sighted, and non-verbal† while also having a â€Å"here and now† attitude towards situations (Kubrin, Stucky, and Krohn 186-187). This theory mainly focuses on the belief that low self-control is caused by inadequate parenting. By notShow MoreRelatedDifference Between Integrated Theory And Holistic Theory1200 Words   |  5 PagesAn integrated theory merges concepts, but it does not attempt to explain all criminal behavior from different concepts or assumptions. The difference between integrated theory and holistic theory is it does not attempt to explain all criminal behavior, but a holistic (general) theory of crime attempts to explain all forms of criminal behavior through a single approach.There are four examples of a holistic (general) theory of crime John Braithwaite’s theory of crime shaming and reintegration, GottfredsonRead MoreThe Theory And Social Control Theory1106 Words   |  5 Pagesdeveloping the self-control perspective on crime and social control perspective on juvenile delinquency. In his groundbreaking work, Causes of Delinquency, he argued out that an explanation for delinquenc y can be achieved by absence of social bonds. He also stated that delinquency could be prevented by social attachments, acceptance of social norms, recognizing the moral validity of law and involvement in conventional activities. In his other work with Michael R. Gottfredson, they defined crime as fraudulentRead MoreProposed Theories And Approaches Surrounding The True Nature Of Crime1382 Words   |  6 Pagesof proposed theories and approaches surrounding the true nature of crime and what drives criminals to act in the ways that they do. From approaches based around philosophy to those with origins in biology, sociology and psychology, there is yet to be a completely provable explanation for the motivations behind criminal behaviour. The case of 41 year old Alfred is a prime example of this as his case shows aspects of a number of different theories. The sociologically based strain theory first proposedRead MoreSocial Bond And Social Learning Theory1570 Words   |  7 Pageswhy c rime happens if a very important concept. Throughout history, criminologist have debated on which theory of crime is most accurate. Currently, social bond and social learning theory are two of the leading theories in the criminological world. Between these two theories there are a variety of differences and similarities. In addition to these theories Gottfredson and Hirschi have published a book where they use the concept of self control to describe crime. Analyzing these three theories canRead MoreA Norm Is A Rule Of Behavior Of Individuals In Society1491 Words   |  6 PagesEmile Durkheim sociological founder considered norms to be social factors that exist in individual’s society of independence that creates the shapes of our behaviors and thoughts (Crossman, 2017). In the terms of not having sociality without social control the society would have no function without enforcing social orders that make daily life and the complex division of labor possible (Crossman, 2017) . Social order is produced by ongoing life longs process of socialization that individual experienceRead MoreCybercrime Law Research Paper911 Words   |  4 Pagesparticipate in crime because of forces beyond individual control and relies on the scientific method to prove it s theories (Cullen amp; Agnew, 2006 ). Individuals should not be held solely responsible for their actions because not everyone is rational. Outside factors can play an important part in determining one‟s participation in crime. Now that we have exami ned the two most dominant schools of criminological theory we can examine how two theories, self - control and routineRead MorePolice Corruption within XYZ Organization Essay1076 Words   |  5 Pagesaimed at reducing the prevalence of these instances. I will be using a blend of two criminological theories. The two theories that I would like to blend is the deterrence theory and the self-control theory. A blend of the two allows us to apply a direct application across a multitude of demographic groups within the organization while still focusing on what I believe to be the main contributor to crime, personal decision. By utilizing a blend of the two, I think we are able to see how personal choiceRead MoreGeneral Theory Of Crime And Delinquency919 Words   |  4 PagesGeneral Theory of Crime and Delinquency Many theories exist including biological, psychological, and sociological theories that have been proposed by many criminologists in the criminal justice field and have been closely studied by people (Agnew, Cullen, Wilcox, 2004). Most theories are proposed at the micro level meaning it tries to explain the criminal behavior of individuals and some are proposed at the macro level which tries to explain the crime rates in social groups, meaning micro focusesRead MoreAnalysis Of Ronald Aker s First Social Learning Theory1375 Words   |  6 PagesSocial Learning Theory Ronald Aker’s first social learning theory article was first published as a way to explain Sutherland’s claim the â€Å"Criminal behavior is learned† (Willams McShane, 2014). Aker believed that most deviant behavior is learned through social interaction. The main components of Aker’s social learning theory focused on differential association, definitions, differential reinforcement, and imitation. A study performed by Kim Lersch (1999) found that social learning theory can reliablyRead MoreEssay on Factors Affecting the Complexity of Criminal Behavior1489 Words   |  6 Pagesbehaviours. There are a range of theories that attempt to describe human behavior reflecting the complexities of human behaviour. Given the range of theories of behaviour, there is not any one theory that can fully explain criminal behaviour given the complexity of the behaviour. There are also a multiple of factors impacting on people’s behaviour including criminal behaviou r. These include family circumstances, their personality, and mental health issues. Some of the theories that this essay will consider

Latino Culture Related to Purnell Model - 1750 Words

Latino Culture Related To Purnell Model NSG 3069 Norfolk State University Twelve Domains in Purnell Model Cultural competence is the ability to interact well with people of different cultural backgrounds (Rundle, 2002). It provides the best ways of meeting the needs of diverse patient population which is always on the increase, as well as ways of effectively advocating for them. This means that cultural competence has the benefit of enabling nurses to deliver services that respect and effectively respond to health beliefs and practice needs of diverse patients. Through the process of globalization, nurses are moving to places of nursing shortage to offer their knowledge and skills beyond their home†¦show more content†¦However, it is worth noting that a great deal of Latino’s are private wage and salary workers and many others employed as chief executives, physicians and surgeons, teachers, lawyers and reporters. With regard to women, their primary role is to fully participate in the Hispanic culture and keep the family together. Bio-cultur al ecology When it comes to identifying the Latino’s population by a type of skin color most would consider themselves as Caucasian while a few identify themselves as Black. Many others associate themselves with indigenous race while others are increasingly identifying themselves as â€Å"other†. Their origins range from Mexico, Puerto Rico, Cuba and Guatemala. Notable differences among the Latino groups center on the aspects of language refinement, educational status, cultural values and attitudes toward mental health treatment (Brice, 2001). I found that an America Latino’s are prone to illnesses such as COPD, diabetes, asthma and obesity. Diabetes and heart disease are great in Latinos then the non-Latin population is attributed to lifestyles difference such as the intake of fatty foods. It is very difficult to detect some illnesses due to their biological variations of individuals from the Latino communities. Some illnesses take time before they are detected and effectively treated and that is why there is no specific genetic disease associated with the Latino community. But research has been known to find cases of sickle

My extraordinary leadership lessons from an ordinary experience Free Essays

When I was at grade school, I placed special reverence to teachers. I specially admire their power over their students: the way they make them seated properly in their designated seating arrangements, the way they let them enter and leave the room in a file and the simple way of making each student to greet them even outside the school campus. There were times when I also dreamed of being a teacher when I finished school for one good reason: I wanted to lead. We will write a custom essay sample on My extraordinary leadership lessons from an ordinary experience or any similar topic only for you Order Now As I grew older, I have learned that teaching profession is not as easy as what I thought it was. As a joined school and community activities, I have learned that holding positions in organizations makes a lot of sense in terms of leadership training. I also learned that leading does not always take intelligence, energy and time and that being a leader does not in anyway make anyone greater than the ones being led. Leadership rather takes the whole personality of a person, including his heart, his mind and his soul. Leadership is not all about power; it’s about love and concern. With this ordinary experience, I will prove that the leader and the follower in its sense are ordinary participants in the game of life where everyone is regarded equal. My experience will prove that by being a protà ©gà ©, one will be able to prepare himself to be a good leader someday. I was raised in a conservative family; conservative in a sense that my family has countless rules and regulations set for us children. When it’s a rule, conformity has to be no more, no less. At home, the power lies in the hands of my strict father. House rule says no one has to be outside the house when it’s already dark. House rules say everyone has to around the table when it’s dinner time, no talking, and most of all, eat whatever food is prepared. When my father says â€Å"you’re wrong†, don’t dare to question his judgment and don’t ever dare to speak a word to explain and to defend yourself. Until I entered high school, there’s nothing I know about leadership but power. I studied really hard because father wants me to have good grades. So no one can blame me if I see leadership as having the power to make others fear you. Not until I was asked to join a stage play and have the courage to try, that these views on leadership have all changed. The organizers were meticulously picking the players. Actors and actresses were selected from different levels and when the final list came out, I was really glad to find my name there. But no, I was not one of the stage actresses. I will be part of the play as the narrator, and yes, I chose to play that part. It may sound really weird for some because people often desire to be at the lime light. It is but common for anyone to grab the opportunity of having his or her abilities and talents be shown to many. If there be exemption to this common life scene, I am an exemption. I chose to stay behind the stage because I am afraid to ruin the presentation in the event that I forget my lines. My family training developed me into a well-behaved individual, but it also deprived me of learning how it is to be outside my own home. I was locked in the house all my childhood life so I was not able to develop my social skills. I was raised to be a loner, and so I lived that kind of life until I entered high school. My family training deprived me of the opportunity to gain self-confidence. That is maybe the reason why I chose to be behind the scenes of the stage play. What made me choose to play as a narrator is my stage fright. I lack the confidence of bringing myself in front of many people. I hate being in a place where I am noticeable. I am weird, they say. Yes, I am. I am afraid to make a mistake, so I chose to just narrate since I have something in my hand to read. During rehearsals, I often got insulted by the trainor for my poor diction. There were many times when I was threatened to be replaced by someone who could do better than I do. Few days have passed and yet the trainor still told me I have not yet improved. I felt like I am the least performer in group. I have the least coaching time while I had the most naggings and silly words swallowed during the practice. I was then planning to quit but I was halted by the thought that my father would not surely like the idea of his daughter giving up. I have to continue, I have to strive more. I have to make sure my trainer will not replace me when he got fed up of nagging at me. One rehearsal session made all things in my mind changed. The trainer gathered all the stage play participants, including the support group. He has to make some announcements on some little changes on the script and on the planned stage set-up. We were all gathered in the gym, with the trainer’s microphone as loud and clear so that anyone will surely hear what he has to say. He asked the group to make the best of every session as the play is as important as the name of the school. We have to make sure that everything will turn out fine and excellent in the night of the performance. He told the main characters that they are the one who will face the audience and should therefore have the assurance of performing very well. He told the support group that even if they only play as backgrounders, they are great contributors to the success of the presentation. He said the play will not be as beautiful as it is supposed to be when the facilities, especially the sounds and the lights are not properly set-up. He then called me up and said that I am holding an important role in the play. He said that as the narrator, I am the one who will bring life to the scenes that are not to be played on stage but are important in bringing out the essence of the story. He told me that I am not in anyway the least of the group because I have in my hands the responsibility of connecting every scene in the play. I am, in its essence the light of the dark spots in the story. WHAT I HAVE DISCOVERED ABOUT MYSELF My energy from that day seemed to have been refueled. I strived really hard by reading my lines over and over again, day and night. I realized that I am not in anyway the least of the group, nor I am to let myself be the least performer. My life has never been this busy and meaningful until I started gaining my self-confidence. To believe in yourself in not what others call pride but it is a thing that I believe a personal need. I have learned that everyone has his own talent, ability and skill that is innate in him. That precious thing in a person just needs to be discovered and be used to meaningful activities. HOW THE EXPERIENCE STRENGTHENED MY SELF-LEADERSHIP SKILLS I have learned that every person has a unique way of discovering his abilities. Some just naturally show up. There are some that need to be tapped, some need digging up, and there are those which require pain and suffering before their talents are squeezed up. Having these facts, I have learned that mentors, teachers, trainers and anyone who manage people have their own style of handling things. If they choose to be generous and considerate, they have all good reasons of doing so. If mentors choose to be strict and display their strong personalities, they all the valid reasons to do so. What I have most importantly learned in my experience is that teachers, mentors and even parents all wanted their students, their subordinated and their children to learn the vital lessons of life: that is, to bring out the best out of them. I have realized that my trainer chose to be too strict to me because he wanted me to strive harder. He did not mean to frighten me, not he did want to make me feel that he did not like me. Since that day, my trainer eventually noticed and commended the improvements on my performance. He told me that I have already gained the confidence that he long been wanting me to bring out. He told me that loners like me are not at all hard to handle. Like him, loners need encouragement like what he did. HOW THE EXPERIENCE IMPROVED MY INTERPERSONAL SKILLS Since the school play, I have not yet had the guts of joining activities which require a lot of public exposure. I did join more activities and have chosen the same roles. I did so not because I was not able to learn and apply what my trainer have taught us. It is because I have learned that leadership need not to be as publicly done as many think it is. I have learned fro, that experience that leadership is not all about taking a post, having an official designation and handling people. I have learned that leadership begins when one was able to conquer his fears in life. Leadership begins by leading your own life and let others see the difference when you come out of your own shell. I have learned that extraordinary lessons in life are learned by paying attention to little things in ordinary life experiences. When one has to learn, he has to experience pain and sufferings before glory comes in his hands. My journey in life did not go that smooth and easy. It took me to endure insults and discouragements. But all of these are part of training and I believe, every tear shed and every sweat that comes out of my body is worth the lessons of leadership. AN EVALUATION OF MY PERSONAL EFFECTIVENESS After the activity, I have never been a loner. I still did not have the guts of doing public appearances but I did improve on handling people who work as supports. It was not because this is all I can do but because I chose to do it, and this is what makes me happy. I feel that by doing so, I am able to give my best and that in this area where my talents and skills are best utilized. HOW THE EXPERIENCE HAS BEEN A VALUABLE EXPERIENCE TO ME Now I understand why my father has to lock us up in the house all day long during weekends. Now I understand why we have to behave well during dinner. Now I understand why I have to bring out my books and notes even after school and at night after meal. Now I understand why father deprived us of reasoning out at him. Like all parents, father wants us his children to be raised as well-behaved individuals. He just wants us to learn that childhood life is not all about eating and playing matters. He has been this strict because he wanted to show us the realities of life. Sometimes, it really takes to deprive someone of common and ordinary things in order to gain the extraordinary lessons of life. By my father’s way of training us, I have learned that leadership is not all about fear, but obedience. Leadership is not all about power, but respect. If they have not handled me this way, I am afraid that I was not able to reach my status in life now. The experience has been a valuable event in my life that whatever life takes me, I will surely look back to the time when I was in that time of my life, trying to grasp the valuable lessons of life.                   How to cite My extraordinary leadership lessons from an ordinary experience, Essay examples

Global Issues faced by Financial Professionals- MyAssignment Help

Question: Discuss about the Global Issues for the Finance Professional. Answer: Introduction This study deals with understanding the on-going global as well as domestic changes in the economic environment. This means getting the viewpoint of risk perception as well as associated required rates if returns are turning invariably (Wyplosz2012). In the year 2016, UK voted in a referendum on leaving the European Union. This particular poll refers as the Brexit Referendum. This mainly results in understanding the risk perceptions from wider conservative perspective. This current report will address the consequences on capital markets pensions as well as bonds. The present study elaborates on ideas as well as principles and issues related to risk factors upon given rates of return from the given study (Ottavianoet al. 2014). This will further provide underlying assumptions enabling the impact of Brexit referendum on pension funds as well as pensioners in UK. In this particular assignment, the emphasis has been given to describing the significant action taken by Bank of England at t he time of UK decisions for leaving the European Union. This evaluated the impact of Bank of England actions especially on the UK pension industry for meeting the obligations in desired way for future activities. It is in reference with the investing in real assets affecting Brexit for required rate of return for pensioners in achieving and maintaining an acceptable standard of living at the same time (Oliver 2016). Description of Major Actions taken by Bank of England concerning UK Decision for Leaving European Union Brexit is the word that has been used as a shorthand way of saying the fact where UK is leaving EU merging with Britain as well as an exit in getting Brexit. This has been presented in a way whereby possibility was present in a Greek exit from the euro as dubbed Grexit from the past activities (Mller and Oliver 2014). The reason behind Britain leaving the European Union is referendum vote system whereby everyone of voting age takes part in deciding activities. It was conducted for whether UK leaves or remains in EU. Resulted figures move won by 52% to 48%. This means referendum turn out to be 71.8% consisting of 30 million for voting purpose. There were above facts concerning other major European bourses for pointing out a potential weakness in the given scenario. This reveals risk faced by Britain voting for the fresh crisis in the Eurozone especially in the wider global economy (?azowski 2012). In other words, other developments were carried out bringing economy through a tough patch. This was due to drop present in the valuation of pounds making exports cheaper in boosting the industrial relations. Secondly, it takes into consideration interest rates are paid by the government for financing the own borrowings from referendum outcomes. UK Economy appears as the initial shock from Brexit vote for viewing at the valuation of the original stock. This opinion was kept quiet regarding long-term effects of leaving the European Union. Most of the major firms like Easyjet and John Lewis points out slumps in the case of increased costs. Therefore, Britain loses it AAA credit rating revealing cost of government borrowing at higher rates. This is because of the share prices recovering from dramatic slump valuation involving British-based business for great trading activities at the time of the referendum. Bank of England hops in cutting interest rates from 0.5% to 0.25% for recording small range for the year 2009. It enables stimulating investment acting as economic indicators in case of economic downturn. The European Union considers as an economic as well as political partnership consisting of 28 European countries. This has become single market transactions allowing goods as well as people in moving along in certain way (D agnisJensen and Snaith 2016). Evaluation of the impact of Bank of England actions on UK pension industry Market Segmentation hypothesis reveals the fact regarding debt market for rendering goods in homogenous markets as a whole. It defines the sub-markets, especially at maturity range. This explains the yield curve for the creation of supply as well as demand conditions regarding sub-markets (Conroy et al. 2012). Most of the banks tend in remaining active in the short-term for viewing at the pension funds for becoming buyers in the long-dated segment. Bank of England borrows large quantities on bulk for selling some of the short-term instruments. This deals in an increase of supply on the market as well as pushing down for the price. This is for raising the yield as far as possible (Booker and North 2016). Therefore, pension funds flush with the card as well as purchase large quantities on a temporary basis. During times, banks pension funds for buying as well as selling pressures of the multitude in the case of other financial institutions influencing the demand and supply position(Mller and Oliver 2014). This point of action was committed by players for yield curve tending in remaining different in most of the cases. Therefore, hypothesis helps in explaining the lumpy or humped yield curve at the same time (Beck 2012). European pension funds, as well as investment funds for US public sector bodies, trusted under double-A ratings. This is needed in investing for mortgage-linked CDOs for checking over the reduced savings (Koutrakos2016). This reveals lacking skills or data for valuing the securities in SIV investment for future analysis purpose. It is presented in response with policy toll as devised by quantitative easing involving central banks on creation money on the electronic mode of payments. This is used for purchasing assets especially from investors from the market. Therefore, pension funds as well as insurance companies and non-financial firms sale assets in the form of non-government bonds credited in the bank account money (Winkel and Derks2016). This mainly raises issues from bank reserves as well as allowing ways for crediting money. It involves increased demand especially for government bonds in price attributes in the given economy. The Obligations of Pension Funds Bond yields have fallen on a global basis from the time UK voted for leaving the European Union dated 23rd June. This gave rise to acute problems in financing pensions for growing for many years (Dhingra and Sampson 2016). These problems can be well-defined by the guarantees f members regarding the retirement income as they were expecting at that point of time. Obligations of Pension Funds considers as an actuarial liability equals to present value of liabilities(Mller and Oliver 2014). This is earned by the present valuation of liabilities for the purpose of gaining future compensation in desired way. This help in measuring the amount of money for a particular company for making payment of clear benefit known as a pension plan for satisfying all the pension entitlements as earned by employees on updated basis. It has to be adjusted from expected future salary for gaining future benefits(Winkel and Derks2016). It reveals the magnitude of obligations as determined with the help of pre sent value calculation. Projected benefit obligations show the calculation of the total amount as due by employees especially in the pension funds for all the past service activities, In other words, it assumes for the planning of terminated attributes from viewing at the foreseeing future as well as adjusted in reflecting expected future compensation(DagnisJensen and Snaith 2016). This is majorly differentiated from the accumulated benefits obligations lacking adjustments for expected future increase in salary. This remains limited criteria for total future liability in the planned labor for rendering activities for future analysis purpose(Mller and Oliver 2014). Required rates of return for pension funds to meet obligations From more than three decades, bond yields for following the interest rates for decreased Treasury yield(Winkel and Derks2016). This was estimated at 16% for the year 1981 and nor at 1.5%. These returns are considered as US long-term interest rates for more than 16% purchasing $100 million worth of bonds. This is with an interest rate of 1.5% for receiving an annual interest rate of 1.5%(Kao and Authers2016). This pension fund will receive an annual payout from $100 bond. Of $1.5 million especially from the Required rate of return for funds should be 15% for meeting the obligations in the desired format. This will reveal the funded status of the pension plans for any business organization. This will pose expected assets calculated at good value attributes. In other words, Actuarial gain or loss mainly represents adjustments for making actuarial assumptions for valuing the corporation pension plans obligations(DagnisJensen and Snaith 2016). This is not okay for the pension funds in relying upon bonds for funding yearly payouts. It requires making up lower interest rates as well as spending more at given annual return. It required continuing operations from investing more than 1.5 percent interest rates for making the same amount in interest rates at 16%(Winkel and Derks2016). Corridor rule will have smoothing effect in respect with reporting pension gains or loss. FASB Statement established this particular rule. This means previous accounting standards for pension reporting consider as weak as well as results in inconsistent reporting methods in and within a business organization. These are the pension benefit as accrued by an employee who works for given time. These are the current service benefit adding up with prior earned service benefits representing the total value of an individual pension for a particular time(DagnisJensen and Snaith 2016). Impact of Brexit on Required Rate of Return for Pensioners in Achieving Acceptable Standard of Living There was new approach presented affecting the working of Brexit like consumers as well as business. They mainly forecast the recession at the time of referendum campaign for bringing the acceptable standard of living. This is conducted by International Monetary Fund by making an own prediction by voting short-term risk on checking for the financial stability. This mainly hits up issues looking inevitable in nature. UK Economy was slowing down at the time of referendum in making the investment decisions in the most appropriate way. These are majorly delayed for a specified period of heightening political as well as economic uncertainty. There was also a significant prospect in action by Bank of England softening the blow from either consumer or business confidence. This is helping in cutting the interest rates as far as possible. There are many other developments assist in getting the best economy(Mller and Oliver 2014). Pension Accounting help in stimulating the retirement benefits as treated under deferred income for earning purpose. These are the active participants receiving future benefits like incurring in the corresponding cost such as average cost. This is the additional actuarial gains or losses considering as fundamental assumptions for Pension funds change in calculation. These are the assumptions used for calculating the mortality rates of employees. It is the unfunded plans existing in the pension plan assets in the most appropriate way. Actuarial Basis of accounting considers as a method for computing the periodic payments when the company makes use of funding its employee pension benefits(DagnisJensen and Snaith 2016). Conclusion At the end of the study, it is concluded that impact on perceptions of risk reveals the associated rates of return. These values will bring significant values affected by discounted rates for calculating present valuation of benefit payments and expected rate of performance. This will make a response to the funded status as mentioned in the Financial Accounting Standard Board. It reports for planning from the balance sheet by accounting rules like pension assets and liabilities. It marks up the market attributes presented in the entity balance sheet providing actuarial gains as well as losses for changing the actuarial assumptions. It required being amortized with the help of comprehensive income as mentioned in the shareholder equity in directing towards income statement accounts. These are the accounting methods stipulating contributions by a company adding up the investment returns on pension assets for matching required annual contribution from the pension fund. These are the ass umptions made for viewing at the length of workers career as well as plan assets return and rate of salary for discounted rate of future benefits attributes. Reference List Beck, T. 2012.Banking union for Europe: risks and challenges. 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