The Importance of Stem Cell Research Essay examples

Throughout our history, scientists continue to experiment and make discoveries that expand our knowledge of the world and the full potential of the matter around us. As the medical research of scientists improves, new treatments are found that enable people to have a longer lifespan and live healthier. Medical researchers continue to discover new medicines that help people overcome fatal diseases and allow them to achieve a more sustainable life. As scientists research the potential of treatment for diseases, there is a promising future in stem cells that offer a possible treatment for a wide variety of diseases. Scientists discover the capabilities of stem cells through their ability to repair, their opportunity of treatment, and their†¦show more content†¦Once the child is born, adult stem cells in the tissues carry-out the necessary growth throughout their life (â€Å"What are Some Different Types of Stem Cells?†). Embryonic stem cells can be acquired from an a bortion or fertilized eggs left over from in vitro fertilization, which is a process that joins a woman’s egg and a man’s sperm in a laboratory and once it is fertilized, the embryo is injected back into the woman’s womb. Adult stem cells are cells that are for specific cell types, like blood, skin, and muscle, and despite the name, adult cells are in children as well as adults (â€Å"Stem Cells Research†). They are limited to the possible cell types that they can become due to their tissue of origin, where as the embryonic stem cells are unlimited to any cell type in the body. There are restraints to the possible uses of adult stem cells due to the fact that they are limited to the number of cell types that they can form and they are difficult to extract from the tissue because they are not abundant (â€Å"Stem Cell Information† 5). Stem cells allow for our bodies to repair damaged cells and replicate into different cell types to allow growt h throughout our life. As scientists continue to gain new knowledge of stem cells and their capabilities, there are opportunities revealed for treatments and possible cures for diseases. In the article, â€Å"Stem CellShow MoreRelatedThe Importance Of Stem Cell Research1278 Words   |  6 Pagespaper, there has always been a lot of controversy surrounding stem cell research and the ethically rights researchers have obtaining it, let alone experimenting with it. Therefore, it is no surprise that before RCT with stem cells on humans were approved and accepted, trials were done on mice and rats. While it is not ideal and in no way similar to the effects on humans, experiments done during this phase were useful in viewing how stem cells actually alter and impact osteoarthritic joints. In an experimentRead MoreThe Importance Of Stem Cell Research805 Words   |  4 Pageshereditary altering. In stem cell research, â€Å" An isogenic human iPSC cell line precisely corrected by the CRISPR-Cas9 system was rece ntly constructed, despite the handling difficulties associated with gene editing of human stem cells† (Kim, â€Å"CRISPR-Cas9: a promising tool for gene editing on induced pluripotent stem cells.†) iPSCs, which are fundamentally the same as embryonic stem cells, are pluripotent cells with a high self-reestablishment rate that can separate into all cell sorts; be that as itRead MoreThe Importance Of Stem Cell Research812 Words   |  4 Pagesscientists has recognized a vital regulator of hematopoiesis, the process of making new blood cells after bone marrow transplants, bone marrow injury, and during systemic infection, creating new blood cells, including immune cells. This regulator is a protein known as the Del-1 (developmental endothelial locus–1). Researchers have deemed that focusing on Del-1 will be an effective way to upgrade stem cell transplants for both donors and recipients. It is also determined that there could be also methodsRead MoreThe Importance of Stem Cell Research Essay1649 Words   |  7 Pagessuch as above kill off important cells that reproduce rapidly to help the body function normally. Well, what alternatives does one have to turn to when the time clock runs out for all cells, resulting in death. Stem cell usage is a second chance given that doesn’t set death as an essential from these fatal diseases. Stem cell research is an unaware issue to society that could possibly be the antidote to saving lives, and to others who are familiar with the research is a controversial issue on howRead MoreEssay on The Importance of Stem Cell Research1060 Words   |  5 Pagesaccomplished through stem cell therapy and cell d ifferentiation. Stem cell therapy is like an intervention, in which new cells are introduced into the body or tissue in order to treat a disease or injury (Haldeman-Englet, Chad). Cell differentiation is the process in which a cell has the potential to become physically/fundamentally and functionally different from one another Also meaning they are pluripotent (Smith, S.E). These special cells have many uses, thus the nickname â€Å"The Golden Cell.† ScientistsRead MoreThe Importance of Stem Cell Research Essay2451 Words   |  10 Pagesto stop taking risks†. Dr. Elias Zerhouni from the National Institute of Health gave this quote during an interview to a reporter in 2007. He was referring to Stem Cell research, a controversial medical issue of today. Louise Brown of Manchester, UK owes her life to scientists and doctors taking risks and exploring the world or Stem Cells. In 1978 she became the first baby to be born via in-vitro fertilization, a process where a womanâ €™s egg is harvested and mixed with male sperm to become fertilizedRead MoreThe Importance of Stem Cell Research Essay example1686 Words   |  7 PagesOver the last decade the use of stem cells has been a controversial and heated topic. Debates have exploded over every aspect of stem cell research. It has been speculated by scientists that stem cell research may have the potential to cure harmful diseases or even regrow organs. However some find that the health issues seen in earlier attempts to use stem cell transplants and ethical controversies involved with extracting stem cells, make it very dangerous to further investigate. In actuality theRead MoreStem Cell Research in America: A Perfect Storm of Ideology, Politics, Science, and Religion1818 Words   |  7 Pagesï » ¿Stem Cell Research in America: A Perfect Storm of Ideology, Politics, Science, and Religion By: Me March 30, 2012 Abstract This paper discusses the recent history of stem cell research in the United States, tracking the controversies, politics, and promise of new technology that comes with a moral price. Starting in August of 2001, with President Bushs request that Stem Cell Research not be paid for with federal funding, the battle of science against religion began. (Rosenburg, 2001) DespiteRead MoreThe Expanding Field of Stem Cell Research744 Words   |  3 PagesStem cell research is one of the most widely expanding areas of scientific research being conducted all over the world today. In basic terms, stem cell research is the research of stem cells; however in actuality is much more complicated. A stem cell is a cell with the ability to develop into any of the cell types that make up the tissues and organs of the body. This makes these cells highly useful and provides limitless potential in the field of regenerative medicine. There are two expansive linesRead MoreResearch Essay : Stem Cell Research961 Words   |  4 PagesBiology Research Essay Erica Ford In recent years, there has been a lot more talk about stem cell research than ever before. The idea of stem cells arose in the 1960 s, with the first successful bone marrow transplant in 1968. Now, stem cell research is a widely known topic in biotechnology and shows a substantial amount of scientific promise. The future of stem cell research and the impact it could have follows with many questions on people s minds, as well the simple curiosity of what

Emily Dickinson s Poem, Because I Could Not Stop For Death

Death is everywhere. From the insect you killed this morning to the family member you lose recently, there is no force stronger than death. Emily Dickinson, a 19th century writer, indulges that fact but also goes beyond it in her work. Dickinson revisits the theme of death in her poetry. Through her work, she shows readers her fascination with death the emotions associated with it. In â€Å"I heard a Fly buzz—when I died† and â€Å"I’ve seen a Dying Eye†, Dickinson shows us a very intimate view of a person dying. The poem â€Å"Because I could not stop for Death† shows readers the journey to eternity after death and â€Å"The Bustle in a House† shows readers what happens to a family after death. These four poems by Emily Dickinson all share a central theme of death and give readers a very personal understanding of it. Emily Dickinson was born and educated in Massachusetts. She only remained in college for one year but still produced volumes o f poetry. She was very introverted and towards the end of her life, she only wore white. Her poetry, as stated by the Academy of American Poets, â€Å"reflects her loneliness and the speakers of her poems generally live in a state of want, but her poems are also marked by the intimate recollection of inspirational moments which are decidedly life-giving and suggest the possibility of happiness† (â€Å"Emily Dickinson.†). However, her works were never published while she was alive. After her death her family found 800 poems or 40 hand-bound volumes (â€Å"EmilyShow MoreRelatedEmily Dickinson s Poem, Because I Could Not Stop For Death877 Words   |  4 PagesEmily Dickinson is known for writing poems that relate to death and dying, and the poem â€Å"Because I could not stop for death† is no exception. This is a narrative poem that illustrates the passage from life to death as a carriage ride through a quiet town. In this particular poem, the speaker has alread y passed away and is remembering what seems to be a fond memory, however that is not revealed till the final stanza. There are only two characters, The speaker and Death. The speaker is a lady whoRead MoreThe Author That I Decided To Discuss The Literary Significance1232 Words   |  5 PagesThe author that I decided to discuss the literary significance is Emily Dickinson. Dickinson was born, raised, and in Amherst, Massachusetts in December 10, 180 and died May 15, 1886 in the same state. Her father was Edward Dickinson, and her mother was also named Emily, Emily Norcross Dickinson. Emily Dickinson went to Mount Holyoke College, a small private school in South Hadley, Massachusetts. She’s known as one of the best American Poet. Emily s poem were frequently perceived by a wide rangeRead MoreAnalysis Of Emily Dickinson s Poem My Life Had Stood- A Loaded Gun 993 Words   |  4 PagesEmily Dickinson is a very famous and accomplished poet with over 1700 published poems. Severa l of her poems are similar in theme, and also similar in bringing out human emotions that we humans usually try to avoid. The common theme in most of Dickinson s poems is the wonders of nature, and the identity of self, as well as death and life. The five poems with the common theme of death are: â€Å"My Life had Stood- A Loaded Gun†, â€Å"I Heard A Fly Buzz- When I Died†, â€Å"Behind Me Dips- Eternity†, â€Å"Because IRead MoreEmily Dickinson s A Route Of Evanescence And Because I Could Not Stop For Death1167 Words   |  5 PagesEmily Dickinson Emily Dickinson published only a few poems during her time. Her work was only truly discovered after her death of kidney disease in 1886 at the age of fifty-six. Upon her death her sister Lavinia Dickinson found hundreds of poems tied into a book stitched together by Emily. People claim that she is the most original 19th Century American Poet and is now considered one of the towering figures of American literature. Although She is known for her unconventional broken rhyming meterRead MoreEmily Dickinson : The Point When A Reader1749 Words   |  7 PagesHorieh Introduction to Literature Professor Knoernschild November 27, 2015 Emily Dickinson At the point when a reader hears the name Emily Dickinson, they consider a female who composed verse that has been surely understood for a considerable length of time and years. Much to their dismay that Emily Dickinson established American Literature, and began an entire unrest of verse. The procedure Dickinson used to keep in touch with her verse was at no other time seen and was the foundationRead MoreEssay on Emily Dickinsons Because I Could Not Stop for Death730 Words   |  3 PagesEmily Dickinsons Because I Could Not Stop for Death Emily Dickinson’s â€Å"Because I could not stop for Death† is a remarkable masterpiece that exercises thought between the known and the unknown. In Dickinson’s poem, â€Å"Because I could not stop Death,† there is much impression in the tone, in symbols and in the use of imagery that over flow with creativity. One might undoubtedly agree to an eerie, haunting, if not frightening, tone and use of symbolism in Dickinson’s poem. Dickinson usesRead MoreTheology Leads to Interpretation1336 Words   |  6 PagesEmily Dickinson’s extensive collection of poems on the subject of death can be better understood individually once time has been taken to view her works as whole. By viewing the works as a whole, it is possible to conclude a likely theological view point of the author and then apply this theology to the individual works in order to improve interpretation. Emily Dickinson’s poem â€Å"Because I could not stop for Death† is one such poem that when viewed individually is open to a wide scope of readingsRead More Death in Emily Dickinsons Because I Could Not Stop for Death, I Heard A Fly Buzz-When I Died, and I Felt A Funeral In My Brain1449 Words   |  6 PagesDeath in Emily Dickinsons Because I Could Not Stop for Death, I Heard A Fly Buzz-When I Died, and I Felt A Funeral In My Brain Emily Dickinsons poems Because I Could Not Stop for Death, I Heard A Fly Buzz-When I Died, and I Felt A Funeral In My Brain all deal with one of lifes few certainties, death. Dickinsons intense curiosity towards mortality was present in much of her work, and is her legacy as a poet. Because I could Not Stop for Death is one of Emily Dickinsons Read MoreAmbiguity of the Concept of Death: a Comparison of ‘Do Not Go Gentle Into That Good Night?and ‘Because I Could Not Stop for Death1201 Words   |  5 Pagesthought of death? Almost everybody does! However, people have differing views on the abstract idea of dying. In examining the poem Because I Could Not Stop For Death? by Emily Dickinson and Do Not Go Gentle Into That Good Night? by Dylan Thomas, it is evident that the poets use contrasting and comparative techniques in their unique presentations of the concept of death. In the poem Because I Could Not Stop For Death? Emily Dickinson presents the idea of acceptance of death, whereas in the poem Do NotRead MoreConcept Of Death in ‘Do Not Go Gentle Into That Good Night versus ‘Because I Could Not Stop For Death1167 Words   |  5 Pagesthought of death? Almost everybody does! However, people have differing views on the abstract idea of dying. In e xamining the poem Because I Could Not Stop For Death? by Emily Dickinson and Do Not Go Gentle Into That Good Night? by Dylan Thomas, it is evident that the poets use contrasting and comparative techniques in their unique presentations of the concept of death. In the poem Because I Could Not Stop For Death? Emily Dickinson presents the idea of acceptance of death, whereas in the poem Do Not

Professional And Scientific Staff Management A Case Study - Free Sam

Questions: For the purpose of this assignment, you are assumed to be one of the consultants appointed to shoulder the system analysis responsibilities in ABC Information Services in the project as in the case study. You will plan and manage the project as well as investigate and document the system requirements. For your Assignment 2 submission, you will produce a report that documents that discuss this project based on your understanding of it and the related investigation results through the tasks below. 1. Approach to Systems Development (a) Compare the use of SDLC and agile development approaches? (b) Justify your choice of your selected approach to systems development? 2. Systems Requirements (a) What are the primary functional requirements for the system in the case study? (b) What are the non-functional requirements for the system in the case study? 3. Project Cost Benefit Analysis (a) Discuss your Project Cost Benefit Analysis? (b) Provide an excel spread sheet with details in a Project Cost Benefit Analysis? 4. Project Schedule (a) Show a work breakdown structure and a project schedule (as a Gantt Chart). Explain each of them and discuss how they relate? (b) Given the system goals, requirements, and scope as they are currently understood, is the project schedule reasonable? Why or why not? 5. System Information Requirement Investigation Techniques (a) The stakeholders involved? (b) Explanation of your chosen 3 most useful investigation techniques? (c) Justify the usefulness of the 3 investigation techniques? Answers: Introduction The report presents a brief overview of the problems faced by PSSM with the current system. As it has been stated in the case study PSSM is a staffing agency recruiting employees for other companies. The present system of staff recruitment database is cumbersome. There are various redundancies of the current system. The problems faced by the company are regarding the electronic and the paper copies. The problems faced by the system could be eradicated if the company installs a new automated information system. This will reduce the complexity of the present system and the employees at PSSM will be able to use the software effectively. In the current system the staff report is difficult to manage. But the automated system will reduce the complexity. The employees can access the staff report easily. In the new system, the records of the employees can be stored only in electronic form. A track record of the success rate of placement can be maintained. 1. Approaches to system development (a) Software development lifecycle is the process of building and maintaining the software systems. There are various phases in SDLC which ranges from analysis of the preliminary development to testing of the post development software and evaluation. There are two methodologies in SDLC. They are the traditional development and the agile development. The traditional software development methodologies are the waterfall method, V-model. There are various steps in sequence that has to be followed for the development of the software. The traditional method is dependent on a set of processes that has been determined earlier. The success of the project will be dependent on meeting all the requirements before the development of the project begins. Agile development is based on the idea of incremental as well as iterative development. In this method each phase of the life cycle is visited over and over again. The software is improved by using feedback from the customer. (b) In the present scenario the agile development model will be chosen. The results can be delivered by the agile development quickly than the traditional method. The former model is less expensive than the traditional model. The return on investment is the major priority of the agile development model. Unlike the traditional SDLC model, the agile development model is divided into smaller parts which are known as increments or iterations. The increments in the agile development model passes via each of the conventional phase of development. The major difference of the agile development with the traditional SDLC model is that in the agile development model there is early involvement of the customers, iterative development takes place, teams are self organizing and the system is adaptable to change. 2. System Requirements During the phase of requirement, the stakeholders are identified by the team. The requirements are specified in the system requirement specifications. The requirement can be divided into two distinct groups. They are the functional requirements and the non-functional requirements. (a) Functional Requirements The functional requirements for the development of the software are based on agile philosophy. They are development of XP and Scrum. There is variance between the two approaches but they both share an iterative approach. XP is necessary to meet the programming requirements for the development of automated process. It does not focus on the managerial aspect of software development. The development of XP starts with the planning phase which is followed by various iterations. The acceptance of the user is tested before the software is released. Scrum Srum is the methodology for software development which includes the managerial and the developmental process. The project is divided into series of short iterations which is known as sprints. The backlog for each sprint is identified. At the end of each sprint, the team reviews the sprint in order to check the progress of the developmental process. (b) Non-Functional Requirements The non functional requirement for the development of software includes the environment in which the software is being built. The success of the development of the software will depend on the non functional requirements. The success of the functional requirements depends on the non functional requirements. The non functional requirements can be at the team level. It can also be at the program level. There are requirements of non functional elements at the portfolio level as well. 3. Project Cost Benefit analysis The cost benefit analysis of the automated information system calculates the return of the organization on investment. Return on investment is calculated for the justification of the effort as well as it is necessary for the planning process of the project. The development of automated information system has both fixed and variable costs. The fixed costs for the system are the expenditure on the tools, equipments and training. The variable cost may increase or decrease based on the number of tests and times the tests is run. The cost benefit analysis can be calculated as follows Return on Investment (ROI) = Benefits of automation/Cost of automation The time line for the development of the automated software is 14 days. The cost of automation can be calculated as follows Cost of automation = Price of the hardware + Price of the software + Time required to develop scripts + (Time required for the maintenance of the scripts * Number of times the scripts are executed) + ( Time required for the execution of the scripts * number of times the scripts are executed). The return from the automation of the information technology will be 44.74%. The automated system will make the process of recruitment at PSSM much simpler. It is seen that the return from investment in the manual system is more than the complex than the automated system. 4. Project Schedule (a) Gantt chart The schedule of the project is divided into four sections. They are as follows - Analysis Design Development Testing (b) The project schedule is reasonable. The project will be completed in one year. The analysis of the project will be completed in one month. The total time required for designing is three months. Five months will be required for the development of the software. The testing of the software would require three months. The entire project will be completed within 12 months. 5. Investigation Techniques of System Information Requirement (a) The stakeholders in the process of software development are the owners of the company investing in the project, the employees using the current the automated software. (b) Three useful investigation techniques The investigation techniques for System Information Requirement are Observation, Existing documentation and sampling. Observation - The system analysts can use this technique to become familiar with the system. The observation will be based on purpose. Uses - It helps to investigate the information that has been gathered during the process of software development. The variance in information can be determined and the actual information will be selected. The user will know whether the system will work or not. Existing documentation One source of information can be the existing documents which contain information about the past procedures, policies and the systems. The documents will have information regarding the procedures of input, procedures of output, specifications of the system and flow chart of the system. The existing documents will contain the information regarding the system interface procedures. Uses The historical data will be useful for the purpose of investigation of the system requirements. A well documented system requirement will contain information in a precise manner. Face to Face Interview The face to face interview will help the analyst interview the selected staff using the current system. They will gather a detailed overview of the ways in which the process of software development will take place. Uses The face to face interview will identify the main issues. The analysts will take suggestions from the users for the improvement in the system. They will improve the ways in which the things are to be done. This will make the system more users friendly. The complexities of the system will be removed. Conclusion The installation of automated information system within the organization will benefit the users of PSSM. The database can be accessed by many users and it will remove the use of papers. The organization will have a database of the success rates of placement. Reflection From the above project I learnt about the advantage of agile software development over the traditional software development system. It will reduce the time of the task. The processing of the work will be simple. I have come to know about the functional and the non functional requirements for the implementation of a new system. References Aalst W and others, Product-Focused Software Process Improvement (Springer Berlin Heidelberg 2009) Adler M and Posner E, New Foundations Of Cost-Benefit Analysis (Harvard University Press 2006) Agile Software Development Quality Assurance (2015) Avison D and Torkzadeh G, Information Systems Project Management (2015) Buragga K and Zaman N, Software Development Techniques For Constructive Information Systems Design (2015) Cohn M and Lister T, Succeeding With Agile (Addison-Wesley 2009) Cohn M, User Stories Applied (Addison-Wesley 2004) Dennis A, Wixom B and Roth R, Systems Analysis Design (J Wiley 2006) Kniberg H, Scrum And Xp From The Trenches (C4Media Inc] 2007) Layard R and Glaister S, Cost-Benefit Analysis (Cambridge University Press 1994) Leau Y and others, 'Software Development Life Cycle AGILE Vs Traditional Approaches' (ipcsit.com, 2012) https://www.ipcsit.com/vol37/030-ICINT2012-I2069.pdf accessed 10 January 2015 Martin R and Martin M, Agile, Principles, Patterns, And Practices In C# (Prentice Hall 2007) Nas T, Cost-Benefit Analysis (Sage Publications 1996) Rus G, Introduction To Cost-Benefit Analysis (Edward Elgar 2010) Satzinger J, Jackson R and Burd S, Systems Analysis Design In A Changing World (Thomson Learning 2004) Sobh T, Advances In Computer And Information Sciences And Engineering (Springer 2008) Sundar D, Software Engineering (2015) David Avison and Gholamreza Torkzadeh, Information Systems Project Management (2015).

Pipeline Transport free essay sample

Pipeline transport is the transportation of goods through a pipe. Most commonly, used to send liquid and gases, and the pneumatic tube that transport solid capsules using compressed air are also used it. In other words, any chemical stable substance can be sent through a pipeline. Besides that, pipeline is a unique method of transport. The `way’ in transportation by the pipeline is important as an artificial way, and it usually constructed by a private user for his own particular purpose. For examples, today the crude oil and natural gas pipelines was owned and operated by oil and gas companies like Petronas. In general, pipelines can be classified in three categories depending on it purpose. First is gathering pipelines which is a group of smaller interconnected pipelines that forming a complex network with the purpose of bringing crude oil or natural gas from several nearby wells to a treatment plant or processing facility. In this type, the pipelines are usually short which is about a couple of hundred meters and with a small diameters. A sub- sea pipelines for collecting product from deep water production platforms are also considered as a gathering systems. Second is a transportation pipelines. Mainly, long pipes with a large diameters can moving the products likes oil, gas and refined products between the cities, countries and even the continents. These transportation networks is include a several compressor stations in lines and pump stations for crude and multiproducts pipelines. And last but not least, is distribution pipelines which is a composed of several interconnected pipelines with a small diameters, which is used to take the products and to the final consumer. The pipelines at the terminals for distributing the products to tank and storage facilities are included in this types.   In Malaysia, Petronas was not the first company to extract oil or gas. It was the Royal Dutch Shell who had began the oil exploration in Sarawak, then a British colony at the end of the 19th century. In 1910, the first oil well was drilled in Miri, Sarawak. This became the first oil producing well known as the Grand Old Lady. Shell was still the only oil company in the area in 1963, when the Federation of Malaya, having achieved independence from Britain six years before, united with Sarawak and Sabah, both on the island of Borneo, and became Malaysia. The authorities in the two new states retained their links with Royal Dutch Shell, which brought Malaysias first offshore oil field on stream in 1968. Meanwhile, the federal government turned to Esso, Continental Oil, and Mobil, licensing exploration off the state of Terengganu, in the Malay Peninsula, the most populous region and the focus of federal power. By 1974, only Esso was still in the area. It made its first discoveries of natural gas in that year and then rapidly made Terengganu as a bigger producer of oil than either Sarawak or Sabah. By 1974, Malaysias output of crude oil stood is at about 81,000  barrels per day (12,900 m3/d). After negotiations lasting from 1977 to 1982, Petronas had concluded the contracts with Tokyo Electric Power and Tokyo Gas for the sale and delivery of LNG through to the year 2003. Malaysia LNG was to send almost the entire output of its Bintulu gas fields to Japan, under these contracts and another one, signed in 1990, to supply Saibu Gas of Fukuoka, in southwestern Japan, for 20 years from 1993. However, the depletion policy was being undermined by external circumstances. Through the year in early 1980s, a worldwide of oil glut, which OPEC proved unable to control. It forced the Malaysian government to increase production to offset deterioration in its balance of increased payments to a deficit of $1 billion. It became clear that this could only be sustained by relaxing the conditions for joint ventures between Petronas and the major oil companies. In 1982, the Petronas and government share was happened, which had risen to 80%, was cut to 70%, and taxes on company income were also cut. After that which ih 1983, Petronas went into refining and distribution. It initiated the construction of refineries at Malacca and at Kerteh in order to reduce its dependence on Royal Dutch/Shells as a two refineries at Port Dickson while Essos is refinery in Sarawak. These two major and other foreign companies, is already covered much of the domestic retail market but the new subsidiary, Petronas Dagangan was given the initial advantage of preference in the location of its stations. By 1990, 252 service stations carried the Petronas brand, which is all but 20 on a franchise basis, and another 50 were planned. Some were set up on grounds of social benefit rather than of strict commercial calculation. As production from Royal Dutch/Shell and Essos existing fields moved nearer depletion, the companies sought new fields and new contracts. In 1985, the government and Petronas revised the standard production about the contract sharing, increasing the rate of recovery of capital costs from 30% to 50% of gross production in the case of oil and from 35% to 60% in the case of natural gas, abolishing signature, discovery, and production bonus payments and increasing the foreign partners share of the profits The government and Petronas aimed to encourage the replacement of fast-depleting oil within Malaysia itself and simultaneously to foster a heavy industries which could help reduce the countrys overwhelming dependence on exporting its natural resources. In 1980, petroleum products accounted for 88% of the countrys commercial consumption of energy, the rest being provided from hydroelectric plants in Sarawak, too far away from the main population centers to become a major alternative. Five years later, gas accounted for 17%, hydroelectricity for 19%, coal for 2%, and petroleum products for 62% of such consumption, and about half of each years gas output was being consumed in Malaysia. The Petronas enture responsible for this shift is in fuel use, and along with Malaysia LNG for Malaysias to becoming the third largest producer of LNG in the world, was the Peninsular Gas Utilization Project (Projek Penggunaan Gas Semenanjung), the aim of which was to supply gas to every part of the Peninsula. In 1985, the first stage was completed, following the success of smaller gasification projects in the states of Sarawak and Sabah and involved the extraction of gas from three fields in the Natuna Sea, between the Peninsula and the island of Borneo. It is processing in a plant at Kerteh on the Peninsulas east coast and its distribution to the state of Terengganu by pipeline and abroad via an export terminal. Petronass least happy venture was is the ownership of the Bank Bumiputra, the second-largest with a least profitable of the commercial banks incorporated in Malaysia. Petronas spent more than MYR3. 5 billion over five years trying to rescue the bank from the impact of the bad loans it had made, starting with its support of the Carrian property group of Hong Kong, which collapsed in 1985, taking the banks share capital down with it. In 1991, Petronas sold the bank back to another state company, Minister of Finance Inc. , and announced it intention to concentrate on oil, gas, and associated activities in future. Petronas with its policies of promoting self-reliance, helping to develop associated industries, and varying the sources and uses of oil and gas, played an important role in the Malaysian economy as a whole. Under governments which is by current, if not historical, Western standards were strongly interventionist, the contribution of oil taxes to the federal governments revenue hovered at around 12% to 16% until 1980, when it showed a marked increase to 23%, followed by another leap to 32% in 1981. From then until 1988 the proportion fluctuated between 29% and 36%. Petronas was not just another big oil company. It controlled a crucial sector of the economy and remained for better or worse, an indispensable instrument of the state. Pipeline networks are composed of several pieces of equipment that operate together to move products from location to location. The main elements of a pipeline system are divided into six aspects which are: †¢ Initial injection station. Known also as supply or inlet station. It is the beginning of the system, where the product is injected into the line. Storage facilities, pumps or compressors are usually located at these locations. †¢ Compressor or pump stations. Pumps for liquid pipelines and Compressors for gas pipelines, are located along the line to move the product through the pipeline. The location of these stations is defined by the topography of the terrain, the type of product being transported, or operational conditions of the network. †¢ Partial delivery station. Known also as an intermediate stations. These facilities allow the pipeline operator to deliver part of the product to being transported. †¢ Block valve station. These are the first line of protection for pipelines. With these valves the operator can isolate any segment of the line for maintenance work or isolate a rupture or leak. Block valve stations are usually located in every 20 to 30  miles (48 km), depending on the type of pipeline. Even though it is not a design rule, it is a very usual practice in liquid pipelines. The location of these stations depends exclusively on the nature of the product being transported, the trajectory of the pipeline and the operational conditions of the line. †¢ Regulator station. This is a special type of valve station, where the operator can release some of the pressure from the line. Regulators are usually located at the downhill side of a peak. †¢ Final delivery station. Known also as outlet stations or terminals, this is where the product will be distributed to the consumer. It could be a tank terminal for liquid pipelines or a connection to a distribution network for gas pipelines. OWNERSHIP Petronas is short for Petroliam Nasional Berhad, is a Malaysian-owned oil and gas company that was founded on August 17, 1974. Wholly owned by the Government, the corporation is vested with the entire oil and gas resources in Malaysia and it is entrusted with the responsibility of developing and adding value to these resources. Petronas is ranked among Fortune Global 5oo’s largest corporations in the world. Fortune ranks Petronas as the 95th largest company in the world in 2008 and 80th largest in 2009. It also ranks Petronas as the 13th most profitable company in the world and the most profitable in Asia. Since its incorporation, Petronas has grown to be an integrated international oil and gas company with business interests in 35 countries. As of the end of March 2005, the Petronas Group comprised 103 wholly owned subsidiaries, 19 partly owned outfits and 57 associated companies. Together, these companies make the Petronas Group, which is involved in various oil and gas based activities. The Financial Times has identified Petronas as one of the new seven sisters. The most influential and mainly state is it was owned national oil and gas companies from countries outside the OECD. The Group is engaged in a wide spectrum of petroleum activities, including upstream exploration and production of oil and gas to downstream oil refining, marketing and distribution of petroleum products and trading, gas processing and liquefaction, gas transmission pipeline network operations, marketing of liquefied natural gas, petrochemical manufacturing and marketing, shipping, automotive engineering and property investment. Several factors converged in the early 1970s to prompt the Malaysian government into setting up a state oil and gas company, as first proposed in its Five Year Plan published in 1971. Former Chief Minister of Sarawak, Tun Abdul Rahman Yakub was one of the people who proposed the idea of Malaysia setting up their own oil company. These were years in which power in the world oil industry began to shift away from the majors, which then controlled more than 90% of the oil trade, toward the Organization of Petroleum Exporting Countries (OPEC), as well as a proliferation of new private and state companies joining in the search for reserves. By 1985, the majors, reduced in number from seven to five, were producing less than 20% of the world total. It seemed that Malaysia would either have to join the trend or continue to leave its oil and gas entirely to Royal Dutch/Shell and Esso, multinational corporations necessarily attuned to the requirements of their directors and shareholders, rather than to the priorities the government of a developing country might seek to realize. Further, an agreement between Malaysia and Indonesia, signed in 1969, had settled doubts and disputes about each countrys claims over territorial waters and offshore resources at a time when both were heavily indebted to Organization for Economic Co-operation and Development (OECD) governments and banks as well as to the International Monetary Fund (IMF) and the World Bank. Setting up a state oil and gas company, through which the government could get international capital but avoid tangling with foreign oil companies or governments, had worked for Indonesia: why not for Malaysia as well? The oil crisis of 1973–74 made the government even more aware of Malaysias dependence on foreign oil and foreign capital in general. Another factor in the decision was that the technology had recently been developed for extensive exploration and drilling offshore. The local geography included a combination of broad basins of sedimentary rock with calm and shallow waters around the Sunda Shelf, making exploration for gas and oil relatively easier and more successful than in most areas of the world. Malaysian crude turned out to be mostly high quality with low sulfur content. A final and crucial factor in the creation of Petronas, and its continuation in much the same form since, has been the political stability of Malaysia. Since the restoration of parliament in 1971, the country has been ruled by the National Front (Barisan Nasional), the heirs to the Alliance Party which had been dominant from 1957 to 1969 and the originators in 1971 of the New Economic Policy, which was designed to improve the economic position of Bumiputras, native Malays and other natives in Sabah and Sarawak—relative to Chinese and Indian Malaysians and to foreign corporations. The difficulties this policy has caused for foreign companies and investors are outweighed by the benefits they believe they gain from Malaysias political stability. Having created Petronas, the government had to choose what forms its dealings with private oil companies would take. Starting with its legal monopoly on oil and gas activities and resources, it had several options which it could simply award concessions without taking part in production, management, or profits. It also could try offering services at the supply end or could make contracts to cover profit-sharing, production-sharing, joint ventures sharing both profits and costs or all stages of the process, under carried-interest contracts. Petronass first move was to negotiate the replacement of the leases granted to Royal Dutch/Shell on Borneo and to Esso in the Peninsula with production-sharing contracts, which have been the favored instrument, alongside joint ventures, ever since. These first contracts came into effect in 1976. Allowing for royalties to both federal and state governments, and for cost recovery arrangements, they laid down that the remainder would go 70% to Petronas and 30% to the foreign company. Esso began oil production in two offshore fields in 1978, exporting its share of the supply, unlike Petronas, whose share was consumed within the country. Petronas went downstream for the first time in 1976, when it was chosen by the Association of South East Asian Nations (ASEAN) to begin construction on the second ASEAN joint industrial project, a urea plant. The subsidiary, Asean Bintulu Fertilizer (ABF), is based in Sarawak and now exports ammonia and urea all over the world. Also in 1976, Malaysia became a net exporter of oil, but exports were at such a low level as to make the country ineligible to join OPEC. This situation benefited Malaysia, and Petronas, by allowing the company a degree of commercial and political flexibility and reinforcing Petronass chief purpose, Malaysian self-reliance. Petronas supervised its foreign partners oil activities, taking no direct role in production until 1978, when the government saw to the creation of a subsidiary for oil exploration and production, Petronas Carigali. It began its work in an oil field off the Peninsula. Petronas retained its supervisory powers over all oil and gas ventures, particularly on issues of health and safety and environmental control. Malaysia has one of the most extensive natural gas pipeline networks in Asia. The Peninsular Gas Utilization (PGU) project, completed in 1998, expanded the natural gas transmission infrastructure on Peninsular Malaysia. The PGU system spans more than 880 miles and it also has the capacity to transport which is about 2 billion cubic feet per day of natural gas. A number of pipelines link Sarawaks offshore gas fields to the Bintulu facility. Petronas is building the 310-mile Sabah-Sarawak Gas Pipeline between Kimanis, Sabah and Bintulu, Sarawak to transport gas from Sabahs offshore fields, such as Kota Kinabalu, to Bintulu for liquefaction and export. Some of the gas will be used for downstream projects in Sabah. This pipeline is expected to be completed by March 2011. The Association of South East Asian Nations (ASEAN) is promoting the development of a trans-ASEAN gas pipeline system (TACP) aimed at linking 80 percent of ASEANs major gas production and consumption centers. Because of Malaysias extensive natural gas infrastructure and its location, the country is a natural candidate to serve as a hub in the ongoing TACP project. The first pipeline connected Malaysia with Singapore and was commissioned in 1991. This has been followed by gas pipeline links between West Natuna, Indonesia and Duyong, Malaysia, commissioned in 2002, and the Trans-Thailand-Malaysia gas pipeline, commissioned in 2005, which allows Malaysia to pipe natural gas from the Malaysia-Thailand JDA to its domestic pipeline system.

s Life

Looking deeper into the story This Boy’s Life by Tobias Wolff, we can see the impact of growing up with one parent and the effects of not having a father. Growing up without a father can cause several behavioral problems and have a long-term impact on a child’s life. In my essay I will look into the life of Tobias Wolff and point out numerous behavioral problems that may have arouse from his lack of a father. At age ten, Tobias moved with his mother Rosemary to escape her boyfriend and attempt to get rich on uranium, from that age Tobias was left without a father. Tobias was to enter into puberty, the physical maturity of a boy to a man, without a father to talk to. This led him to an understanding of women that came from his friends and had no true basis or regard for the way a man should treat a woman. This point is relevant on page 44, where Tobias sends letters of his love to Annette with content of â€Å"Inappropriate settlements and declarations.† I believe that Tobias lack of a father figure also resulted in him having a lack of discipline. This lack of discipline is extremely evident when we look at his performances during and after school. I think that had Tobias had a father figure he would not have partook in many of the delinquencies he performed in with his friends. Not to be overlooked is his constant want to â€Å"reinvent† himself. Without a father figure to mold his son and teach him as a man, we can see that Tobias was in constant thought about who he really was, and most of the time who he wanted to be. Finally I would like to talk about the role of Dwight in his life. Although Dwight, in my opinion, meant well in disciplining Tobias I feel that Dwight had a contrary effect on Tobias’ life. As Dwight attempted to be a father figure for Tobias, and instill discipline in him, Dwight seemed to be pushing him away more and more, instead of embracing him. This tended to drive Tobias toward acts of delin... 's Life Free Essays on This Boy\'s Life Looking deeper into the story This Boy’s Life by Tobias Wolff, we can see the impact of growing up with one parent and the effects of not having a father. Growing up without a father can cause several behavioral problems and have a long-term impact on a child’s life. In my essay I will look into the life of Tobias Wolff and point out numerous behavioral problems that may have arouse from his lack of a father. At age ten, Tobias moved with his mother Rosemary to escape her boyfriend and attempt to get rich on uranium, from that age Tobias was left without a father. Tobias was to enter into puberty, the physical maturity of a boy to a man, without a father to talk to. This led him to an understanding of women that came from his friends and had no true basis or regard for the way a man should treat a woman. This point is relevant on page 44, where Tobias sends letters of his love to Annette with content of â€Å"Inappropriate settlements and declarations.† I believe that Tobias lack of a father figure also resulted in him having a lack of discipline. This lack of discipline is extremely evident when we look at his performances during and after school. I think that had Tobias had a father figure he would not have partook in many of the delinquencies he performed in with his friends. Not to be overlooked is his constant want to â€Å"reinvent† himself. Without a father figure to mold his son and teach him as a man, we can see that Tobias was in constant thought about who he really was, and most of the time who he wanted to be. Finally I would like to talk about the role of Dwight in his life. Although Dwight, in my opinion, meant well in disciplining Tobias I feel that Dwight had a contrary effect on Tobias’ life. As Dwight attempted to be a father figure for Tobias, and instill discipline in him, Dwight seemed to be pushing him away more and more, instead of embracing him. This tended to drive Tobias toward acts of delin...

Characterstics Of Autaratic Leadership Style Management Essay Essays

Characterstics Of Autaratic Leadership Style Management Essay Essays Characterstics Of Autaratic Leadership Style Management Essay Essay Characterstics Of Autaratic Leadership Style Management Essay Essay Leadership is a procedure of act uponing other subsidiaries or followings acoording to the leader determination, thought, behaviours etc. Leadership is really of import for every sorts of organisation for doing determination wholly, implement decently aswell as accomplishing the organisational end. Without appropriate leading mission and vission must be falen. The bossy leading manner that is followed by the Sufit: The bossy leader dominates team members and makes determinations on their ain without seeking or leting input from group members.[ 1 ] Characterstics of autaratic leading manner: Very much depending on the leader Less employee engagement in determination devising Leader sets all the agenda and guidline for the work Hostile for the group determination Sometimes determination devising is one-sided Punishment and praised for employee is quicker Most appropriate to do pressing determination Hersey and Blanchard leading manner: it is a situational leading manner by which organisation can manage their state of affairs with different of leading manner. There are four types of manner to take the followings in the Hersey and Blanchard leading manner LEADERSHIP BEHAOUR Directing Leaderships define the functions and undertakings of the follower , and oversee them closely.A Decisions are made by the leader and announced, so communicating is mostly one-way. Coaching Leaderships still define functions and undertakings, but seeks thoughts and suggestions from the follower.A Decisions remain the leader s prerogative, but communicating is much more two-way. Supporting Leaderships pass daily determinations, such as undertaking allotment and procedures, to the follower.A The leader facilitates and takes portion in determinations, but control is with the follower. Delegating Leaderships are still involved in determinations and problem-solving, but control is with the follower.A The follower decides when and how the leader will be involved.[ 2 ] . DEVELOPMENT LEVEL Clearly the right leading manner will depend really much on the individual being led the follower and Blanchard and Hersey extended their theoretical account to include the Development Level of the follower.A They said that the leader s manner should be driven by the Competence and Commitment of the follower, and came up with four degrees:[ 3 ] D4 High Competence High Committedness Experienced at the occupation, and comfy with their ain ability to make it well.A May even be more skilled than the leader. D3 High Competence Variable Committedness Experienced and capable, but may miss the assurance to travel it entirely, or the motive to make it good / rapidly D2 Some Competence Low Committedness May hold some relevant accomplishments, but wo nt be able to make the occupation without help.A The undertaking or the state of affairs may be new to them. D1 Low Competence Low Committedness By and large missing the specific accomplishments required for the occupation in manus, and lacks any assurance and / or motive to undertake it. 4 Hersey and Blanchard leading manner would be really much appropriate than the bossy leading style.because there are assorted difference between this two manner those are given below: Autocratic leading manner Hersey and Blanchrd leaership manner Merely follow the relation or directing manner that can non manage all the state of affairs Directing, hoarding, back uping, deputing four manners folows to manage different state of affairs Leader can do dcision merely Followings can do determination Leader do nt take suggestion from follower Suggestions alsp taken from followings Leader ever show the manner of making the occupation Followings are allow to make the occupation their manner but can inquire to leader if necessary Relationship of leader ever low with followings Relationship physique on the footing of state of affairs There are besides some another ground for the rightness of the hersey and Blanchard leading manner in the Supfit such as: It besides divides the followings development degree harmonizing to their Competence and Commitment. If the new employee do non hold accomplishments or assurance he or she get the leader aid Sometimes employees have mopre or less skill but non hold adequate assurance for the occupation this state of affairs can besides manage decently by this leading manner. better public presentation. Sometimes employees have to work in a squad. The ability to work in squad and understanding with subsidiary should be appraised. Communication accomplishment: every employee communicates with the direction, subordinates or client. And this accomplishment should really good everyplace. Because if client or subsidiaries, or direction can non understand or make non fulfill with the communicating that do non give a good feedback. It hampers the public presentation of employee every bit good as organisation. So it should be evaluated. Time direction: it is other critical parametric quantities for rating. Finished the work within right clip helps employee development every bit good as organisation. And the disablement of proper usage of clip turns the organisation to bad public presentation. Accomplishments and part: the past accomplishment of the employee for the organisation such as which work help the organisation development or which has demerits for organisation should be considered. Problem resolution and determination devising in every work job must originate but it should protect carefully. To work out job absolutely employee need the ability to take right determination on right clip. So this besides of import factor and should utilize to measure the employees. Engagement or attending quality: attending in mundane work, engagement in assorted types activities, engagement on meeting and preparation is most of import. So these should measure. Task-3 In an organisation there are different types of employee and the activities are besides diferent. And different types of larning manner besides prefered by them. So learning learning manner is really of import to develop the employees. Honey and mumford acquisition manner: it is besides known as learning manner questionarie. There are four manners in this learning manner. Activist, reflectors, theroists, pragmatists. These are descriubed below: Activitists ( Do ) Immerse themselves to the full in new experiences Enjoy here and now Open minded, enthusiastic, flexible Act foremost, see effects subsequently Seek to center activity around themselves[ 5 ] Reflectors ( Review ) Stand back and observe Cautious, take a back place Collect and analyse informations about experience and events, decelerate to make decisions Use information from yesteryear, nowadays and immediate observations to keep a large image position.[ 6 ] Theorists ( Conclude ) Think through jobs in a logical mode, value reason and objectiveness Assimilate disparate facts into consistent theories Disciplined, taking to suit things into rational order Keen on basic premises, rules, theories, theoretical accounts and systems believing[ 7 ] Pragmatists ( Plan ) Keen to set thoughts, theories and techniques into pattern Search new thoughts and experiment Act rapidly and confidently on thoughts, gets directly to the point Are impatient with eternal treatment[ 8 ] 9 Figure: honey and mumford acquisition manner diagram. Kolb larning manner: it besides known as experimental acquisition manner. It consists of four manner Concrete Experience Brooding Observation Abstract Conceptualization Active Experiment Kolb given four types of definition of his acquisition manner and each of this are include combinition of two manners. Four definition are described below: Here are brief descriptions of the four Kolb larning manners: Diverging ( experiencing and watching CE/RO ) A These people are able to look at things from different positions. They are sensitive. They prefer to watch instead than make, be givening to garner information and usage imaginativeness to work out jobs. They are best at sing concrete state of affairss several different point of views. Kolb called this manner Diverging because these people perform better in state of affairss that require ideas-generation, for illustration, brainstorming. Peoples with a Diverging acquisition manner have wide cultural involvements and like to garner information. They are interested in people, tend to be inventive and emotional, and be given to be strong in the humanistic disciplines. Peoples with the Diverging manner prefer to work in groups, to listen with an unfastened head and to have personal feedback.[ 10 ] Assimilating ( watching and believing AC/RO ) A The Assimilating acquisition penchant is for a concise, logical attack. Ideas and constructs are more of import than people. These people require good clear account instead than practical chance. They excel at understanding wide-ranging information and organizing it a clear logical format. Peoples with an Absorbing acquisition manner are less focussed on people and more interested in thoughts and abstract constructs. Peoples with this manner are more attracted to logically sound theories than attacks based on practical value. These learning manner people is of import for effectivity in information and scientific discipline callings. In formal acquisition state of affairss, people with this manner prefer readings, talks, researching analytical theoretical accounts, and holding clip to believe things through.[ 11 ] Converging ( making and believing AC/AE ) A Peoples with a Converging learning manner can work out jobs and will utilize their acquisition to happen solutions to practical issues. They prefer proficient undertakings, and are less concerned with people and interpersonal facets. Peoples with a Converging acquisition manner are best at happening practical utilizations for thoughts and theories. They can work out jobs and do determinations by happening solutions to inquiries and jobs. Peoples with a Converging acquisition manner are more attracted to proficient undertakings and jobs than societal or interpersonal issues. A Converging acquisition manner enables specializer and engineering abilities. Peoples with a Converging manner like to experiment with new thoughts, to imitate, and to work with practical applications.[ 12 ] Accommodating ( making and experiencing CE/AE ) A The Accommodating acquisition manner is hands-on , and relies on intuition instead than logic. These people use other people s analysis, and prefer to take a practical, experiential attack. They are attracted to new challenges and experiences, and to transporting out programs. They normally act on gut inherent aptitude instead than logical analysis. Peoples with an Suiting acquisition manner will be given to trust on others for information than carry out their ain analysis. This learning manner is prevailing and utile in functions necessitating action and enterprise. Peoples with an Suiting acquisition manner prefer to work in squads to finish undertakings. They set marks and actively work in the field seeking different ways to accomplish an aim.[ 13 ] ACCOMODATORS A Concrete Experience A DIVERGERS A A ^ Percept | A A Active Experiment lt ; A ProcessingA gt ; Brooding Observation A A | | Volt A A CONVERGERS A Abstract conceptualisation A Learner A 14 A Task-4 Flexible work clip: It allows an employee to choose the hours he or she will work. There are normally specified bounds set by the employer. Employees on a flexible agenda may work a condensed work hebdomad or may work a regular work hebdomad. Those working a condensed hebdomad may work four 10 hr yearss, instead than five eight hr yearss. Those who work a five twenty-four hours hebdomad may work hours other than the typical nine to five. [ 15 ] Acceptable worker for flexible work hours: The individual can do up his or her vacations work by making more work. Who have no demand to remain all clip or anybody can make full his or her demand if necessary. If the consequence can be measured instead than ciphering clip he or she in office. Advantages of flexible work clip: It helps to cut down absenteeism and tardiness. Give the flexibleness to run into household duty. It increased the employees assurance degree. Increased chance to enroll outstanding employee and turnover bad employees. Employees are more loyal to the company and they basking their work. Disadvantage of flexible work clip: Employee want to avoid limitation Leess interested on the work. Sometimes it can do them tick over. Atkinson theoretical account of flexible house: Atkinson theoretical account is most celebrated for labour market flexibleness. Atkinson in 1984 divided into four parts in his flexible house theoretical account. External numerical flexibleness: External numerical flexibleness refers to the accommodation of the labour consumption, or the figure of workers from the external market.[ 16 ]In this flexibleness employees can work lasting and impermanent harmonizing to contact. On the other manus organisation can engage and fire employee harmonizing to their demand. Internal numerical flexibleness: this flexibleness is called working clip flexibleness. Workers can set their on the job clip within the organisation regular work agenda. Employee can work in their flexi clip such as in forenoon displacement, dark displacement or weekend displacement. Over clip is besides allowed. Function flexibleness: this is besides called organisational flexibleness. Employees are turned into assorted sorts of activities. This has been done to do the employee more efficient by outsourcing activities. Fiscal or pay flexibleness: in this flexibleness wages or salary is paid on the footing of the persons public presentations, evaluation the public presentation, appraisal based. Wagess do non fixed before jointly. Harmonizing to Atkinson the workers are split up into two groups these being core and peripheral . The core group being lasting exposing functional flexibleness features. The peripheral workers on the other manus are exploited in the signifier of numerical flexibleness and distance flexibleness being used and discarded, as required by demand. ( Stanworth J. , et Al, 1991, p202 ) . Subcontracting refereed to in Atkinson s theoretical account as distance flexibleness seems to be a structural alteration in the manner an organisation operates.[ 17 ] Execution of Atkinson flexible house theoretical account on Supfit : To implement this theoretical account at first Supfit has to split their employee into nucleus and peripheral groups. Core employees are those employees who are already in the company in the managerial place. And other employee whose have need in the organisation for full twenty-four hours work hr. Supfit can let the nucleus employees making the work or for good harmonizing their contact conditions. And Supfit can engage and fire their employee harmonizing to their demand. For the nucleus employee Supfit implement the map flexibleness. They can turn their employee in different plants. They may impart their employee in another organisation if Supfit want it. For the peripheral workers company have to make farm outing or outsourcing. The peripheral workers get the numerical flexibleness. So they can set their work clip that best suitable for them. As Supfit outsourcing for employees so they get good trained and experienced employee. It can increase their cost. For this they can enroll portion clip adult female worker for peripheral group because adult female ever less bargaining. On the other manus for the out sourcing employees they do non hold to set up excess preparation so it besides saves their cost. TASK-5 Employee preparation is really of import for the organisation. Because it including many benefits such as: It helps to increase the productiveness. It decreased the employee turnover. Enhance the company ability to give service. The demand of supervising besides decreased the preparation. There are two ways of developing the employees ( 1 ) on the occupation preparation and ( 2 ) off the occupation preparation. And on the occupation preparation have besides several attacks. Some attacks are discussed below that suited for the Supfit. Coaching methods: coaching methods is a really good method for employee larning about the occupation. Employees are working with really experient employee. Coaching gives valuable information about the employee. It helps to understand the employee behaviour such as is they feel comfort in their work topographic point. Coaching helps to understand employees about their strength and failing. Management inspires the employee by demoing their strength. And they show the same types respect as they want from their employee. Mentoring: it besides really utile methods for employee preparation and develops their accomplishment on the occupation hr. Under this methods employee take suggestion from their senior and experient staff. Employee can larn how they can accomplish their end like their senior from the senior. It helps to happen the employee incorrect and promote to develop. Employees show more willing about mentoring because they can larn how they improve their place. Self development: it is really of import for the employee to larn a occupation and better his or her public presentation. Nowadays employers besides search employees by sing their ability of teamwork, communicating and converting power. Companies provide to the employees their public presentation record through public presentation assessment. Employees can easy place their failing country where they need to develop. Then they can take aid from their senior co-worker or directors to screen out job. An single demand to maintain updates every clip because everything in the work environment is altering often. So the employees have needed to cognize plenty about the current state of affairs about the related undertaking of his or her occupation. Job direction preparation: it helps the employee to understand their occupation more easy. Because employees are learn what they should make, how they do what the equipment they use. Employees can derive experience absolutely by this occupation direction preparation. And the degree of public presentation addition significantly. This preparation include four stairss: ( 1 ) fixing the trainees by stating them about the occupation and get the better ofing their uncertainnesss ( 2 ) showing the direction, giving indispensable information in a clear mode ( 3 ) holding the trainees try out the occupation to show their apprehension and ( 4 ) puting the workers into the occupation on their ain with a designated resource individual to name upon should they necessitate aid.[ 18 ] Task-6 Employee relation consists of: Relationship with employees Directly or corporate understandings The understanding footings and status of employment Recognized trade brotherhood Specify a formal manner of communicating between employee and direction There are different attacks of direction manners in employee relation. Four manners are described below: Traditional attack: it is known as fire contending attack. Management does non desire to pay attending to the workers earnestly until job arises. Small concern or little companies ever avoid this sort of attack. On the other manus larger companies try to follow it because they have no fright if person gone from the organisation by turnover from the occupation. And this attack ever hostile for the trade brotherhood. Advantage: as the workers know direction has no bad caput for their turnover. So they try to give best public presentation to maintain direction happy. Management is able to take the end product from the workers without problem because there is no trade brotherhood. Disadvantage: workers are ever unsatisfied to the direction because they are non leting discoursing their job. The bad effects turn on their work. So they can non give their best degree end product. Advisory attack: it is an ideal one of direction manner in employee relation. The attack emphasizes informal instead than formal manner. Some employee can besides take portion in the determination devising. The employees who have necessary accomplishment, cognition or experience to do the determination they are taken to do the determination so it is a two manner communicating. Advantages: it creates a positive working environment for the employees. As the thought is taken from the so to guarantee the best usage of resources is possible here. Maximal satisfactions of the employees are possible. So the end product is ever positive for the organisation. Disadvantages: everyone demand may differ and can crates struggle and dissension in the workplace. Inappropriate individual may choose to do determination. Paternalist attack: it is a humanistic or benevolent manner of direction in employee relation. In the attack direction position is that high wage is high satisfactions. And they think as they are really much generous to their employees demands so at that place no demand to organize a trade brotherhood. Advantages: employers concern for their employees. Salary is besides high. Disadvantages: high wage is non solution for all jobs. There may non good working environment. Communication manner may besides bad. Opportunist attack: duty for employee relation left to single division, subordinates, go forthing no common room and am n accent on unit profitableness.[ 19 ]

The United States Economic Term Paper Example | Topics and Well Written Essays - 1750 words

The United States Economic - Term Paper Example It is thus important to analyze the macroeconomic causes and implications of price increase of commodities, collapse of the housing market and the ensuing financial turmoil. Main Body The global economy is currently in the grip of the maximum macroeconomic uncertainty in the last 25 years because prices of major commodities such as corn, coal, natural gas and oil have been consistently increasing in being triggered partly by the rapid increase in demand in developing countries such as China and India. However the prices in the housing sector, especially in the US have been declining. Housing prices in the US have fallen by almost 25 percent in relation to the 2006 peak period. The consequent financial turbulence that overwhelmed the world economy after September 2007 continues to retain its intensity in adversely impacting several sectors in the US economy. Although a number of economic forces have worked in creating this adverse macroeconomic situation, the two main causes have been the increase in the prices of basic commodities and the quick weakening of the housing market. ... Prices rose sharply because of many reasons but primarily due to the increasing demand for oil in many developing countries, even while prices of other commodities were rising. It is noteworthy that during the last 20 years global oil demand and consumption has increased considerably. For instance, consequent to the economic downturn in 2008, there was a decline in demand for oil in the US and in many European countries, but the decline was equalized by increased demand for the commodity in countries such as India, Middle East and China. In the US, factors such as poor crop yield, macroeconomic volatility and supply disruption appeared to have contributed in worsening the movement of prices (Jones, 2008). Another major macroeconomic shock to the US has been the large scale decline in housing prices that have been declining since 2006. Housing demand in the US was fuelled by demand created by the new economies of the late 1990s, by low interest rates during the initial years of the 20 00s and because of the constant loosening of lending policies. In view of such artificially created economic circumstances, housing prices in the US rose drastically prior to 2006 but soon started declining and by 2008 had declined by 20 percent. The beginning of the financial turmoil and America’s economic woes lies in the position of its housing market after 2006. People were attracted by low interest rates, flexible lending norms and by the perceptions that housing prices will continue to increase. As a result, large number of subprime borrowers who did not meet the credit standards in terms of credit record and application requirements were allowed to take credit and to buy homes. It is on record that during