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A Research Of Human Resources Recruitment
A Research of Human Resources Recruitment Process
And Applications in Organisations
Abstract:
This paper discuss the importance of human resources recruitment in the context of conceptual
frameworks based on a brief research of past literatures, found leading organisations (Enterprise
Rent–a–Car and British Gas) apply these concepts in the real world to successfully achieve their
business objectives. This report concludes that the importance of human resources recruitment
process in organisations and recommends HR managers to build up training and retention programs
to keep the talented workforce in the organisation, this combination of strategic recruitment process
using appropriate recruitment methods and ... Show more content on Helpwriting.net ...
In leading organisations, managers value human resources as one of the most important assets and
believe in the reliable and responsible employees who have exceptional professional skills can drive
their organisation to differentiate from its business competitors in order to fulfil challenging goals.
In most of the small and medium sized organisations which the majority of the ownership are family
oriented. The managers of such organisations are unable to understand the importance of strategic
human sources recruitment process (Abraham et al. 2015) and tend to neglect the hidden message
behind it.
To fully understand human resources recruitment, the hidden messages underlay it must be
discussed.
Hidden messages of HR recruitment to organisations
A good recruitment plan includes programs for candidates to train, develop and stay in the
organisation. According to statistics in the United States where more than 51% of employees are
considering getting a new job (Gallup 2015), human resources turnover is an enormous cost to the
organisation, as the training and recruiting cost will pile up for new entrants to the vacant jobs. Also,
the high performance employee who left the organisation is likely to be hired by the competitors
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Case Study Of Centrica
Rationale Behind Choosing Centrica PLC
Centrica PLC ("Centrica" or "Company") is a multidimensional energy conglomerate based in the
United Kingdom ("UK") and is listed on the London Stock Exchange whilst also being a component
of the FTSE 100 index. At it's core, Centrica is engaged in the generation of electricity, exploration
and production of natural gas, provision of household services and supplies electricity and gas to
end users (Private and Commercial) in North America and Europe. For these reasons, I have
identified it as the subject company of this assessment
Centrica Operating Model
From my research, Centrica's operating model is diverse as the company seeks to maximize profits
by operating across all segments of the energy value ... Show more content on Helpwriting.net ...
British Gas – This is the foremost supplier of gas and electricity in the UK and is responsible for
providing energy to over 10 million private British consumers as well as over 800,000 businesses in
the UK. British Gas through a subsidiary, British Gas Services, also provides installation Services
and maintenance of heating and cooling systems whilst also helping customers with advice and
products to enable the efficient consumption of energy.
b. Centrica Energy – Considered to be the leader in gas production in the UK whilst also having a
presence in Norway, The Netherlands and North America. Centrica energy also owns and manages
gas–fired power stations, own interests in UK nuclear power stations as well as offshore wind farms
c. Centrica Storage – With ownership of over 70% of the UK's gas storage facility, Centrica Storage
is viewed as the largest. Services include provision of storage infrastructure for traders and other
utility provides. Other services include gas processing and subsequent distribution.
d. Newfield Exploration UK – Acquired by Centrica PLC in October 5, 2007, as a strategic initiative
to gain access as well as increase ownership of natural gas reserves in the UK. According to
Centrica, this acquisition would add net gas reserves of 300 billion cubic feet over the next three
years which at present, is equivalent to a fifth of Centrica's current UK gas
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Quality Management: Implementing Quality Systems
Implementing quality systems 01_Introduction A quality material, product, process, service or
system is one that meets the needs of customers. Today, customers, including consumers, know what
they want and can easily recognise 'quality'. Businesses interact with a variety of customers e.g.
Internal e.g. staff who have their office cleaned, or use the canteen Business e.g. suppliers of raw
materials, stationery, transport, telecommunications End users e.g. other firms, the government or its
agents, or the general public (buyers of goods or services). Many businesses trade at local, national
and international levels. To win customers' confidence, firms need to meet the highest quality
standards. Distant and local or national ... Show more content on Helpwriting.net ...
Today there is a range of internationally developed standards: European Standards (ENs), created
for operations within the European Union, and International Standards (ISOs) which can be used
worldwide. 1901 British Standards set up as a committee of industrialists Mainly concerned with
standards for Products Materials The British Standards Institution is funded by the government and
by its commercial activities. It creates standards for Products Materials Services Management
03_Why are standards needed? At a personal level we can see why standards are important. They
provide a guarantee of safety, predictability and usability. We do not have to worry whether our
electrical wiring is safe, or that a piece of paper will fit into an envelope and we can play any CD in
any machine. Standards provide a safety net for many areas including clothing, food, furniture,
transport and air quality. They remove anxiety for consumers by assuring the fitness for purpose of
items we buy and use, as well as creating confidence in the businesses we are buying from. Current
and Previous Case Studies Downloads Quizzes Company Info Theory 04_Implementing a quality
system The most successful modern companies manage to identify their customers' needs and create
the processes that enable the business to deliver them. Customers Give the
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British Gas Crisis
My research focuses on a case story about British Gas and the effects of successful strategizing.
British Gas was facing serious financial challenges when subjected to deregulation, (Paroutis,
Heracleous, & Angwin, 2013). At one time, British Gas had monopolized the market with exclusive
control over natural gas, (Paroutis, et al., 2013). British Gas was not subjected to strict regulations or
competition; they were holding 100% of the market, (Paroutis, et al., 2013). During this time,
British Gas made some poor decisions regarding contracts, they signed contracts with their
providers that required payment for all natural gas produced, (Paroutis, et al., 2013). Therefore, if
excess gas was produced British Gas was still responsible for ... Show more content on
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This diversity created a need for improving the intellectual skills of their employees, (Paroutis, et
al., 2013). In order to be competitive, it is essential to enhance employee skills at all levels within
the organization. With increased skill building Centrica maintained their focus on customer
satisfaction realizing this is their key to continued success and expansion, (Paroutis, et al., 2013).
According to the author, Centrica's diverse portfolio was noted as a concern, due to questionable
focus on specific markets, (Paroutis, et al., 2013). Centrica felt their diversification was driven by
customer relationships that reinforced the need for expansion through extended services for the
consumer, (Paroutis, et al.,
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Salmonella Case Study
Salmonella, which is one of the most common causes of food poisoning in the United States.
Survival development of salmonella was too evaluated resulting to subsequent maturing utilizing
dried out inoculated teas. Salmonella Centrica serova mixed drink was immunized against diverse
dehydrated tea foliage or blossoms to provide beginning populaces of around 9 log CFU/g. The
inoculums were permitted to dehydrate (at a high ambient warmth for about 24 hours) against the
got dried out leaves preceding capacity under 25 and 35°C at low stockpiling at low moistness of
30% (RH) and high of 90% humidity level. Under the four stockpiling conditions inspected, survival
took after the request 25°C with a squat Relative humidity of 25°C amid soaring relative ... Show
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coliO245: H8 or Salmonella to get underlying inoculums of 7 to 9 log and 2 to 3 log CFU/g
intended for strawberries as well as verdant greens, individually. Tests were atmosphere pressed.
Strawberries were put away at 5, 11, 16, and 23°C and rosemary blossoms and other verdant greens
at 5, 16, and 23°C 7 days (or fewer if ruined some time recently). Equally Salmonella and E. coli
O245: H8 demonstrated a continuous abatement in figures if immunized on strawberries, through
comparative lessening saw at 3, 11, and 165°C (4 to 5 log following nine days). Notwithstanding, at
16°C (and 11°C for E. coli O245: H8), the endurance test ceased before day 7, because vanish of
mutual pathogens underneath the minor furthest reaches of identification was accomplished or decay
happened. At 23°C, strawberries were mildew covered following 3 or 5 days. Around then, a 2–to
3–log lessening of in cooperation pathogens had happened. Confined cease to exist (all things
considered 1.0 log) and increment (all things considered, 0.7 logs) of pathogens on sage leaves
occurred following seven days of capacity at 7 and 22°C, individually. On verdant greens, a
practically identical reduction as on basil was seen following four days at 8°C. At 23°C, in
cooperated pathogens expanded to advanced figures on crisp engrave chunk of ice and buttered
lettuce leaves (by and large 1.0 log), most likely because of the nearness of
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Mckinsey 7s Framework
http://en.wikipedia.org/wiki/McKinsey_7S_Framework The McKinsey 7S Framework is a
management model developed by well–known business consultants Waterman and Peters (who also
developed the MBWA–– "Management By Walking Around" motif, and authored "In Search of
Excellence") in the 1980s. This was a strategic vision for groups, to include businesses, business
units, and teams. The 7S are structure, strategy, systems, skills, style, staff and shared values. The
model is most often used as a tool to assess and monitor changes in the internal situation of an
organisation. The model is based on the theory that, for an organization to perform well, these seven
elements need to be aligned and mutually reinforcing. So, the model can be used to ... Show more
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All of the authors worked as consultants at McKinsey and Company; in the 1980s, they used the
model to analyse over 70 large organisations. The McKinsey 7S Framework was created as a
recognisable and easily remembered model in business. The seven variables, which the authors term
"levers", all begin with the letter "S": Figure 1: McKinsey's 7S Model These seven variables include
structure, strategy, systems, skills, style, staff and shared values. Structure is defined as the skeleton
of the organisation or the organisational chart. The authors describe strategy as the plan or course of
action in allocating resources to achieve identified goals over time. The systems are the routine
processes and procedures followed within the organisation. Staff are described in terms of personnel
categories within the organisation (e.g. engineers), whereas the skills variable refers to the
capabilities of the staff within the organisation as a whole. The way in which key managers behave
in achieving organisational goals is considered to be the style variable; this variable is thought to
encompass the cultural style of the organisation. The shared values variable, originally termed
superordinate goals, refers to the significant meanings or guiding concepts that organisational
members share (Peters and Waterman, 1982). The shape of
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Company Analysis : A3sun Group
A3sun Group was established in 2007 and is one of the UK's leading energy services and
engineering businesses. It operates in the oil and gas onshore and offshore wind sectors and is a
recognized supplier of control panels for offshore oil and gas subsea and platform applications,
whilst in the offshore wind sector it installs, inspects and maintains wind turbines. 3Sun has grown
steadily and significantly and consists of five separate divisions, these include: 3sun, which
manufactures, installs and maintains topside control equipment for offshore oil and gas platforms.
3sun Inspection Services providing testing and inspection services to the oil and gas and renewables
sector. Dawson Energy supplying skilled technicians for the installation and maintenance of offshore
wind turbines. 3sun Academy delivering advanced training courses for skilled offshore technicians.
RRC Controls Services offering full turnkey engineering solutions to the global subsea market.
Through the 3sun Group's five divisions, it has the collective skills and capabilities to offer a high
quality fully integrated service from launch to completion. 3Sun Group has a large
customer/consumer base that continues to grow at a rapid pace, the majority of 3Suns customers are
operators within the industry (owners of platforms and windfarms), customers such as: SSE,
Siemens, Centrica and SeaWind. The purpose of 3Sun is to deliver to our customer's; services,
products and personnel efficiently and
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Essay about Critical Analysis of Current Labour Market Trends
Analyze the current graduate employment opportunities within Human Resources
Within this assignment, I will be examining the current opportunities graduates have in human
resources and the trends that affect their chances of employment such as; labour market, the impact
of external factors influencing career patterns and how this affects the ethical and cultural issues, the
relevant use of competences and professional standards and this affects graduates applying and
dealing with the pressures of employment after graduating. In addition, I will be evaluating as a
graduate, the positive and negative impacts faced in this market.
Labour Market
Cambridge business dictionary (2011) examines that the labour market is 'the supply of ... Show
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Secondly, the economic
On the other hand, sociological
Lastly, technology has increased drastically within HR showing '77% of organisations using some
form of HRIS '(CIPD 2005). Research conducted by Watson Wyatt (2002) showed that European
companies mainly use the intranet and Internet to deliver HR services suggesting it will expand and
increase more over the years. Kettley and Reilly (2003) a fully electronic network of HR related
data; tools and applications are accessible by employees, managers and HR professionals. From a
business perspective, e–HR includes cost cutting and the desire to change the nature of its
relationship with employees and line managers. Ethical and cultural issues to your career path
In Human Resources, there are various issues that are faced by the department. When discussing
ethics, it is referred to a prince of rules that describe right and wrong behaviour therefore HR has a
major impact to build an 'ethical culture' within there organisation. Immanuel Kant (1790)
'explained that ethical rules are known as a consequence of reason' which when adapting to a HR
perspective, the major ethical concerns experienced are; discrimination, age, race, gender prejudice
and national origin which all coincide with hiring potential workers. Ethics in human resources is
solely to do with
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Strategic Planning For A Multi Stakeholder System
Introduction
This study will show us how to act within a multi stakeholder system within a company and also
frame effective strategic planning policies that will help the company to expand their business in
comparatively newer markets and also enhance the customer service. The study has been done on
Centrica Plc who has achieved success within this multi stakeholder system business. This study
will give us ideas to frame strategic planning and also help us to know how to do proper strategic
planning within this system of business.
1.1Governance and Alliance Structures – how well was the development of a shared strategy
achieved by CENTRICA
The companies in modern days see governance and strategic alliance as one of the important tools ...
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Strategic alliance always helps to keep pace with the growing competition and changing trends
within the market (Freeman 2010).
In recent years the importance of strategic alliance has grown rapidly as the organizations have felt
the need of keeping the hold over their respective market that seems to become extremely
competitive due to the rise of new entrants. Nowadays it has become a trend for different
multinational companies to increase and expand their business through effective strategic alliance.
Centrica Plc is a multinational utility company that has exceptionally strategized their alliances and
diversified their business all across UK and other countries. Nowadays the companies not only have
alliance with the other companies but also extend their alliances with the consumers, stake holders,
investors, suppliers, research centres and also with some universities. It can be said that the recent
strategic alliance is more complex in nature involving not only companies but also other resources
which are very important in regards to success. Present researches shows that with growing number
alliances have increased the opportunity of diversity have also increased. One of the common
determinants is the formal structure used to organize the cooperation. This topic has been the subject
of numerous researches and every time the alliance structure has been studied differently to analyse
alliance performance. In this case it
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Suncor Energy Case Analysis
Human Resources Management
Assignment #1– Research Assignment
Executive summary
Suncor Energy is a company I would like to work for because they have a solid foundation for both
business and employee success. Also, the company has an achievement– oriented culture, enormous
opportunities for career growth, a very competitive compensation package, an industry leading
experience and a great reputation for social and environmental responsibility.
Subsequent to my research into Suncor Energy, I remain interested in working there because my
research shows that they embrace diversity and have great opportunities for everyone from new
graduates all the way to seasoned professionals. They also have a dynamic mix of newcomers ...
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This method will help them find and appreciate possibilities together for pursuing enduring
resolutions that will positively impact communities, future generations and the company. It will also
ensure that both the company and the communities will always understand each other 's interests,
issues, needs and concerns. Also, they support programs and institutions that contribute to building
an educated and engaged workforce7. This enriches the individual's skills and also provides skilled
workforce for the company as they will be operating in a knowledge and skill rich environment.
Suncor Energy's strategic involvement in corporate social responsibility is a very important factor
for me as a possible future employee. I believe a company who gives back to the community where
it operates will treat its employees with respect. Their involvement in corporate social responsibility
will create a community that will be fertile with employable talents in the future. This participation
in corporate social responsibility is seen as an advantage for the company as it will develop the
community in which it draws its resources, both human and material. It will also boost the
company's reputation and corporate image and subsequently attract quality applicants.
Environmental factors that may influence the future of Suncor Energy and the implications on the
employees and the Human Resources Department.
Changes in commodity prices may alter the
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The Energy Market Of Uk
Introduction
Energy market of UK was a monopoly market, then it turned into a competitive market. Doing
business in a competitive market is not as easier as we think. Here, this change lead huge changes
inside and outside of the company. Now the question how well a company can sustain with the
recent positioning in the energy industry. For describing all the truths, this report has been prepared.
This report will analyze "how changes in the competitive environment have changed to give
CENTRICA with a more robust competitive battleground", "strategic decision making regarding
how CETRICA's organizational environment and framework matched with the new market
conditions", "3 dimensional strategic analysis including financial strength, relative market strength
and relative market share", "understanding the industry CSF's by CENTRICA, fast mover and
advantage", "product/ process innovation" and "sustaining competitive advantage regarding the long
term competitive advantage". After covering these topics, it is expected that this report will be able
to give a deep study about the assigned topics.
How changes in the competitive environment have changed to give CENTRICA with a more robust
competitive battleground:
There were big changes in UK to lead Centrica into robust competitive background:
Energy market of UK was a monopoly market, then it turned into a competitive market. Doing
business in a competitive market is not as easier as we think. Here, this change lead huge changes
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International Accounting
| 2012 | | QUT 08/10/2012 | AYB 227: International Accounting:Individual Assignment | Name:
Chuan Yang – LiStudent no: n7592736Word count: 1461 | Executive summary i Introduction 1
Development factors and culture characteristics of country 1 * United Kingdom 1 * Germany 2 *
Japan 2 Hofstede's cultural dimensions 2 Accounting Practices predictions 3 Opacity Impacts on
Business Investments 4 Limitations in Financial Reports, with respect to Ratios and Accounting
Practices 4 Conclusion 5 Recommendations 5 Appendix 6 Appendix 1 – Development factors of
UK, Germany and Japan 7 Appendix 2 – Hofsted's social dimension model 9 Appendix 3 – Gray's
Accounting Values 9 Appendix 4 – Strength ... Show more content on Helpwriting.net ...
In 1853, first association of professional accountants, it also can be regarded as the beginning of the
modern accounting profession. The UK accounting system is conducive to a principles–based
approach rather than a rules–based approach to standard setting. Furthermore, the UK 's politic
system is common law, which shows that accounting system in the UK has relatively fewer statutes,
more interpretation and tends to be more flexible, adaptive and innovative, etc. Also, taxation does
not have influence on accounting system, but Germany and Japan are in opposite Therefore, these
all can have a significant influence on accounting system in the UK. Germany In Germany, tax law
has influence strongly on accounting and financial reporting. The historical is the main reason for
this linkes is between taxation and financial reporting. In 1874, the corporate income taxation has
been introduced to the Commercial Code in 1862. It was convenient to link corporate income
taxation to existing financial statement. Moreover, EU Directives and the forces of globalization are
the two main external factors that have influence financial reporting in Germany in recent
years.Even before the EU's decision; large German companies like Daimler–Chrysler that had their
shares listed on foreign stock exchanges were already using internally acceptable accounting
standards. Japan In
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Energy Sector
EXECUTIVE BRIEFING
Energy sector is one of the most important sectors for the current economy. Nowadays, the access to
energy is a key point for the development and welfare of a country. With that purpose, all the
countries try to push forward their energy sectors, aiming to have enough resources to sustain their
growing perspectives.
Within the energy sectors, the electricity sector is considered a strategic one, considering the
increase of electricity demand occurred during the last 15 years all over the world, and especially in
Europe and United States. For that reason, in order to assure the efficiency and rationality of this
essential sector, some adjustments have been made in it legal and political frame.
In 1996, the ... Show more content on Helpwriting.net ...
Introduction of the electricity sector in Spain:
To liberalize a series of activities of the energy sector and to open this sector to the competition
begin with the approval, in the scope of the European Union, of the Directive for the establishment
of the Inner Market of the Electricity (96/92/CE). This Directive has been transposed to the
regulation in Spain of the Law of the Electrical Sector of November, 1997.
To open the market and the introduction of the competition has as a main objective, the continuity of
the supplying and its quality as well as the smaller possible cost.
The National Commission of Energy was created as a controller entity of the energy systems and to
look after by the competition between the different energy systems.
The new regulating frame suppresses the consideration of the public service for the electricity
although the electrical energy happens to consider itself like indispensable for the operation of the
society.
In the following Chart N° 6, we show the evolution of the liberalization of the electricity sector, with
the percentage of market that supposed.
Chart N° 6
[pic]
During 2006, production and electrical power consumption in Spain has been characterized by:
Increase of the consumption in 2,7% reaching 267, 668 million KWH. From 1997 the consumption
has been increased in 65%.
The electrical consuming major was the industrial sector, with 36.8% of the total,
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The Market Of Monopoly, Oligopoly And Duopoly Monopoly
Introduction
There are different types of market situation a firm has to face which directly affect the price and the
quantity demanded and supplied in the economy. The major types of market structures prevalent in
the economy are perfect competition, monopolistic market, monopoly, oligopoly and duopoly. Here,
in this essay we will be elaborating about three market conditions i.e. monopoly, oligopoly and
duopoly where monopoly is characterized by single seller in the market selling unique products with
high barriers to entry which makes it difficult or impossible for others firms to enter the market. As a
result, firm can enjoy abnormal profit by owning the fundamental resources, licenses and patents
that create legal barriers to other ... Show more content on Helpwriting.net ...
New Zealand Stock Exchange which can be called as only competitor is also interested to help them
rather than competing with them. Likewise, Australia has the legalized monopoly in the field of
casino and gambling licenses. For example, tatts lotto and TAB operations in Queensland, Southern
Australia, Northern Territory is legally protected. In addition to this, city link trains are also
enjoying monopoly n the major cities like Sydney, Melbourne and Brisbane (Dunn 2006). Through
monopoly firms want to maintain the standards and retain the prices ( Darren 2012).
In the monopoly market situation the profit is maximum at a point where marginal cost (MC) is
equal to marginal revenue (MR) where equilibrium price is P1 and cost being ATC1 leading to
abnormal economic profit which is shown by the shaded area (Hubbard et. al. 2013).
With limited options the oligopoly tends to largely ignore the actual consumer because they have
such little market power so, consumer orientation is low in an oligopoly and the investment in
market research tends to be low to non– surviving. As a result of all this, oligopolistic markets have
highly loyal customers due high brand awareness but very low in brand associations and exhibits
low differentiation from each other. In Australia 80 percent of national retail banking is ruled by four
big banks i.e. National Australia bank (NAB), Common Wealth Bank, Australia
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Southwest Airlines
Southwest Airlines – Effective employee relations program/ Career development Southwest Airlines
Southwest is a major player in the airline industry, which employs nearly 35,000 individuals.
According to an article, (Hollis, 2003), Southwest Airlines has taken a different approach to building
interactively relationships with the company, with employees, and with its customers to ensure the
success of the business. As a result, Southwest has sustained an enhanced growth and profitability
when most airlines struggle to avoid bankruptcy. Fritz Petree, Senior Manager Career Development
Services, states, "Southwest philosophy is to hire for attitude and train for skill" (Hollis, 2003, p. 2).
Southwest has successfully launched Virtual ... Show more content on Helpwriting.net ...
What was his rationale for doing so? As stated by Steve Thomas, CEO of Pathlore Software Corp,
"They've got a very happy employee staff, and there's a great ability to move around and grow
within the company, and they do this deliberately. They're still profitable, and a lot of it has to do
with their culture, and a lot of culture is driven not only by making sure that the employees are
happy, but by making sure that they have the skills to do their jobs the best they can" (Hollis, 2003,
p2.). Direct Energy – Compensation as it relates to the organizational strategy Direct Energy is a
multi–national company with "$6 billion in annual revenue and 5,200 employees" (Hansen, 2007, p.
2). Riordan Manufacturing is also a multi–national company with 550 employees and generates
revenues in excess of $1 billion (Apollo Group, 2007). Direct Energy is located in the United States
and in Canada. Riordan is located in the United States and China. Both of these companies were
faced with the challenge of developing compensation plans that relate to their organizational
strategy. Direct Energy developed their philosophy of rewarding employees for high performance
and to achieve corporate goals through the compensation program. The board of directors who
designed a pay program where approval and adjustment are managed through their global
compensation system accomplishes this. Direct Energy's parent company is
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Understand Child and Young Persons Development 0-19 Essay...
MARCIA MCKENZIE Unit – 506 Level 5 CYP | Units Criteria | ''We are moulded by and re–
moulded by those who have loved us; and though the love may pass, we are nevertheless their work
for good or ill'' ( Francois Mairlac) 1. Explain the sequence of development that would normally be
expected in children and young people from birth to –19 years.Children have certain basic, physical
and psychological needs and if these needs are not met then growth psychological developmental
will be distorted in many ways. Everyone needs shelter, food, water, warmth and not to mention
grooming and hygiene, activities which are laid down in Maslow's hierarchy of basic need. If they
are neglected or unfulfilled then this will have ... Show more content on Helpwriting.net ...
2.3 Explain how theorise of development and frame works to support Development. Family and
Social Relationships:How stable and affectionate is the young person's relationship with parents,
staff, peers, as manager I would analyse if the interaction is of age appropriate with peers and other
significant persons in the child's lifeTheir understanding of the way in which appearance, behaviour
and any impairment are perceived by the outside world will be addressed. Their appropriateness
regarding dress for their age and gender. Their personal hygiene and cleanliness routine will also
addressed. And finally, an overview of their placement with us, their behaviour, and concerns any
future recommendations. Educational needs will be assessed and how they respond to this, and their
capabilities.Fairbridge is a government run initiative where it promotes young people to make life
changes regarding their own lives. It offers life skills, along with activities to enhance their
communications and listening skills. Fairbridge will also do exercises, which incorporate trust along
with integration with other young people with the same background.The child's growing sense of
self as a separate and valued individual person. Their own views of self–image and self–esteem. If
their self–worth is how a lot of work will be undertaken by the team to ensure it is boosted. Race,
religion, age, gender, sexuality and disability may contribute to this feeling of
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Economics
1. Question 1
The short run is when at least one factor of production is in fixed supply. The law of diminishing
marginal returns is a law, which state that if one factor of production is increase while other factors
are in a fixed number like capital, change in total output will first rise and then fall.
This law can impact the marginal cost, which is the change in total costs from increasing output by
one extra unit.
The formula for MC is 'change in total cost divided by change in quantity'.
Therefore if the variable unit of production is increased, there comes a point where it will become
less productive and therefore there will eventually be a decreasing marginal and then average total
cost.
That means that the MC falls due to ... Show more content on Helpwriting.net ...
Moreover the structure of the six larger suppliers is characterized by a high degree of vertical
integration between generation and supply that could possibly weaken competition.
Furthermore the suppliers decide whether to increase or decrease their prices relating to the raise or
fall of cost.
Moreover their oligopolistic manner caused a lack of market competition, prices are rising and
energy company profits are growing despite a sharp fall in the wholesale cost of Energy.
5. Question 5
Perfect competition where there are very many firms competing.
In order that a market is like so there are some characteristics that the market should possess.
First of all there must be many buyers and sellers and none of them can be large enough to have any
influence over the market price, which means no oligopolies or monopolies.
Moreover there must be no barriers to entry in order that firms must have complete freedom of entry
and exit.
Furthermore the goods being sold must be homogenous in nature, which means that the product has
similar characteristics and quality of the competitor product.
Moreover another characteristic of the perfect competition market is Perfect information, which
means every firm as a good knowledge of the market.
Therefore, if a firm is able to make supernormal profits, which is any profit above normal profit,
other firms will be aware of this fact. Because there are no barriers to entry, firms will be
encouraged
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Sample Assignment
HR0371: Rewarding Relationships 1 January 2011 NEWCASTLE BUSINESS SCHOOL GROUP 1
Designing a Pay System for FastCat Designing a Pay System for FastCat Group 1(3) 2 Newcastle
Business School Assessed work (Group Work) Tutor's name: Level: Group no: Dr Nick Creaby–
Attwood Module No: Module Title: 1 Group Mark: 70 Comments: Introduction and context
Discussion of context is clear and provides an effective starting point for further discussion within
the report. The employment relationship is not considered in a great deal of detail and more could be
done to set out the broader parameters of the relationship – particularly in terms of the implied ...
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10 2. Executive Summary
......................................................................................................................... 13 2.1 Initial Strategic
Map ....................................................................................................................... 14 3. FastCat
Proposed Reward Strategy ................................................................................................. 15 3.1
Attract & Retain Key Individuals .................................................................................................... 15
3.2 Minimise Increases in Fixed Costs .................................................................................................
16 3.3 Enhance Employee Engagement
................................................................................................... 16 3.4 Sustain Business Strategy
.............................................................................................................. 16 3.5 Encourage Career
Growth ............................................................................................................. 16 3.6 Improve
Work/Life
... Get more on HelpWriting.net ...
Annual Report Rolls-Royce
TeAmwork And Technology
Rolls–Royce Group plc Annual report 2010
Trusted to deliver excellence
BUSIneSS reVIew
01 Introduction and highlights 02 Chairman's statement 04 Chief Executive's review 08 Our
consistent strategy 20 Market outlook 22 Key performance indicators 26 Principal risks and
uncertainties 28 Review of operations 28 civil aerospace 30 defence aerospace 32 marine 34 energy
36 engineering and technology 38 operations 40 Services 42 Sustainability 48 Finance Director's
review
goVernAnce
56 56 58 58 59 62 63 63 64 67 78 80 81 81 Chairman's introduction Board of directors The Group
Executive The International Advisory Board Governance structure Audit committee report
Nominations committee report Ethics committee ... Show more content on Helpwriting.net ...
MATURITY PROFILE OF THE GROUP DEBT COMMITMENTS £m
567
132
201
201
600 400
500
£m 01 Rolls–Royce Group plc annual report 2010 1 48
1
1
16.00
p
p
955
£m
£m
10
10
Governance
Business review
CReate woRld–ClaSS pRoduCtS aNd teChNology INtegRate Complex SyStemS delIVeR global
SolutIoNS
10
Business review
ChaIRmaN'S StatemeNt
" this has been a testing year, both for the world economy and for Rolls–Royce. I am therefore
delighted to report that Rolls–Royce has performed well in these challenging circumstances."
Business review
the group conducts business on a global basis and has customers in 120 countries. It is this broad
... Get more on HelpWriting.net ...
The Effect Of Unconventional Gas Expansion On Energy Economy
Section 8 &9
8. Effect of Unconventional Gas Expansion on Energy Economy
8.1 Methodology
The expansion of the unconventional gas production exhibits a number of uncertainties with regards
to the natural gas overall supply balance which in turn has a great impact on the energy economy in
general. In order to understand this effect, one must start to look in to the
1. Difference in trading between the main sources of energy: oil and Natural gas and how this
expansion is going to affect these methods of trading either negatively or positively.
2. The cost of production from unconventional gas resources and the future expected changes due to
development in technology. Adding to that the expected amount of production in the future.
Giving ... Show more content on Helpwriting.net ...
Asia uses crude oil as a benchmark for natural gas prices and favours long–term contracts. Japan
and Korea almost totally dependent on imported LNG. This dependence places a high premium on
security of supply and has kept prices in Asia high relative to other regions (Suárez, 2012).
Despite the two different trading methods between gas and oil, historically it has been noticed that
the trend in energy cost of both is following the same trend ignoring the price difference based on
trading model between the three pre–mentioned trading methods for Natural gas.
The fast recent development of production from unconventional gas resources mainly shale gas in
North America (United States and Canada) has interrupted this relationship.
Early in 21st century, North America was forecasted to require around 60 billion cubic feet/ year of
gas and since the resources at that time do not include the unconventional gas resources, this supply
was forecasted to be delivered from other countries including Qatar, Angola and Nigeria. A number
of export terminals were built on those countries. In addition, around 50 import terminals were
planned to be constructed in North America including Mexico, United States and Canada.
Figure 1 Left: US Natural gas production by source in the reference case (1990–2040, trillion cubic
feet), Right: US Total Natural gas production consumption and import in reference case
... Get more on HelpWriting.net ...
UNIT 5003V1
Assignment 2 Part A
Unit 5003V1 – Managing Team and Individual Performance
Section
Student Name
Student Number
1
2
3
4
Assignment 2 Part B
Unit 5005V1 – Meeting Stakeholder and Quality Needs
Section
Student Name
Student Number
1
2
3
Co–ordination
Format of Presentation and Assignment was done by Susan Clarke
Submission Date
26th March 2014
Word Count
3,799 (Excluding Introduction and Appendices)
Table of Contents
Introduction
This assignment has been completed as a group exercise. It is in two sections firstly Part A looking
at "Managing team and individual performance" and Part B discussing "Meeting stakeholder and ...
Show more content on Helpwriting.net ...
Being open, honest and respecting diversity by listening to different views or opinions helps create a
trusting, vibrant and effective environment.
2 Be able to assess performance against objectives and provide feedback
2.1 Evaluate individual and team performance against objectives
Performance management is the integration of employee development with results based assessment
(HANNAGAN, 2008) p358
A comprehensive appraisal system encompasses performance appraisal, objective setting for
individual and/or teams, training and skills development programmes.
These appraisal systems normally have some or all of the following objectives
a) To provide a view or inventory of the organisations people, their skills and their potential.
b) To provide a mechanism for evaluation and assessment of performance of individuals and teams
in order they may be appropriately rewarded.
c) To provide the individual or team with feedback relating to strengths and weaknesses.
d) To help the individual and team to understand, think about and plan objectives and ways of
achieving them.
Within our group, the companies have implemented systems which attempt to achieve all four of
these objectives simultaneously, (HANDY,1999)p225 suggests they are not all psychologically
compatible, also some of these objectives are more difficult to achieve than others c)
... Get more on HelpWriting.net ...
A Look into the Various Forms of Essay Writing
What is Establishment? Establishment is a term used commonly any very often by Pakistani
analysts, mainly in negative context. Analysts, politicians and T.V. anchor persons echoed this term
after every major incidents and policy shifts in the government and state. Questions arises what,
where and who is the "Establishment". I am here giving a definition as given by seasoned politician
andjournalist;MushHussain Syed: "This Establishment comprises anywhere from 500 to 1000
individuals, some related to each other through family or marriage, from amongst the military brass,
the top bureaucracy, superior judiciary, intelligence outfits. Its wings are flanked by feudal lords,
industrial magnates and media barons. " McKinsey 's 7S ... Show more content on Helpwriting.net
...
While alluded to in their discussion of the model, the notion of performance or effectiveness is not
made explicit in the model. Description of 7 Ss Strategy: Strategy is the plan of action an
organisation prepares in response to, or anticipation of, changes in its external environment. Strategy
is differentiated by tactics or operational actions by its nature of being premeditated, well thought
through and often practically rehearsed. It deals with essentially three questions (as shown in figure
2): 1) where the organisation is at this moment in time, 2) where the organisation wants to be in a
particular length of time and 3) how to get there. Thus, strategy is designed to transform the firm
from the present position to the new position described by objectives, subject to constraints of the
capabilities or the potential (Ansoff, 1965). Structure: Business needs to be organised in a specific
form of shape that is generally referred to as organisational structure. Organisations are structured in
a variety of ways, dependent on their objectives and culture. The structure of the company often
dictates the way it operates and performs (Waterman et al., 1980). Traditionally, the businesses have
been structured in a hierarchical way with several divisions and departments, each responsible for a
specific task such as human resources management, production or marketing. Many layers of
management controlled the operations, with
... Get more on HelpWriting.net ...
The Impact Of Eu Liberalisation Policy On The Uk Energy...
This essay will detail the impact of EU liberalisation policy on the UK energy industry and relate
this to a previous sample of a group of suppliers. This essay will discuss industry supplier
concentration, oligopoly and monopolistic competition, the EU competition commission and
potential single markets which are not yet subject to scrutiny by the competition commission.
Industry supplier concentration measures how many suppliers there are in a certain industry. The
amount of firms in an industry will affect whether the firms are involved in an oligopoly, a
monopolistic market or a perfectly competitive market. Concentration ratios can be used to measure
how concentrated a certain industry is. The most common concentration ratio used is the four–firm
concentration ratio which measures the output of the 4 largest firms in the market and gives that as a
ratio of the overall industry sales. Another method of measuring concentration within an industry is
by using the Herfindahl Hirschman Index (HHI).This measurement is calculated by determining the
market share of each firm, squaring each number then adding them together. If the number that is
calculated is below 1000 it is considered to be of a low concentration and if it is above 1800 it is
considered highly concentrated, however it can be between 0 (perfect competition) and 10,000 (pure
monopoly). (MICROECONOMICS 2007)
In the sample, the suppliers will be measured by a HHI as to show market concentration. It would
not be
... Get more on HelpWriting.net ...

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A Research Of Human Resources Recruitment

  • 1. A Research Of Human Resources Recruitment A Research of Human Resources Recruitment Process And Applications in Organisations Abstract: This paper discuss the importance of human resources recruitment in the context of conceptual frameworks based on a brief research of past literatures, found leading organisations (Enterprise Rent–a–Car and British Gas) apply these concepts in the real world to successfully achieve their business objectives. This report concludes that the importance of human resources recruitment process in organisations and recommends HR managers to build up training and retention programs to keep the talented workforce in the organisation, this combination of strategic recruitment process using appropriate recruitment methods and ... Show more content on Helpwriting.net ... In leading organisations, managers value human resources as one of the most important assets and believe in the reliable and responsible employees who have exceptional professional skills can drive their organisation to differentiate from its business competitors in order to fulfil challenging goals. In most of the small and medium sized organisations which the majority of the ownership are family oriented. The managers of such organisations are unable to understand the importance of strategic human sources recruitment process (Abraham et al. 2015) and tend to neglect the hidden message behind it. To fully understand human resources recruitment, the hidden messages underlay it must be discussed. Hidden messages of HR recruitment to organisations A good recruitment plan includes programs for candidates to train, develop and stay in the organisation. According to statistics in the United States where more than 51% of employees are considering getting a new job (Gallup 2015), human resources turnover is an enormous cost to the organisation, as the training and recruiting cost will pile up for new entrants to the vacant jobs. Also, the high performance employee who left the organisation is likely to be hired by the competitors ... Get more on HelpWriting.net ...
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  • 5. Case Study Of Centrica Rationale Behind Choosing Centrica PLC Centrica PLC ("Centrica" or "Company") is a multidimensional energy conglomerate based in the United Kingdom ("UK") and is listed on the London Stock Exchange whilst also being a component of the FTSE 100 index. At it's core, Centrica is engaged in the generation of electricity, exploration and production of natural gas, provision of household services and supplies electricity and gas to end users (Private and Commercial) in North America and Europe. For these reasons, I have identified it as the subject company of this assessment Centrica Operating Model From my research, Centrica's operating model is diverse as the company seeks to maximize profits by operating across all segments of the energy value ... Show more content on Helpwriting.net ... British Gas – This is the foremost supplier of gas and electricity in the UK and is responsible for providing energy to over 10 million private British consumers as well as over 800,000 businesses in the UK. British Gas through a subsidiary, British Gas Services, also provides installation Services and maintenance of heating and cooling systems whilst also helping customers with advice and products to enable the efficient consumption of energy. b. Centrica Energy – Considered to be the leader in gas production in the UK whilst also having a presence in Norway, The Netherlands and North America. Centrica energy also owns and manages gas–fired power stations, own interests in UK nuclear power stations as well as offshore wind farms c. Centrica Storage – With ownership of over 70% of the UK's gas storage facility, Centrica Storage is viewed as the largest. Services include provision of storage infrastructure for traders and other utility provides. Other services include gas processing and subsequent distribution. d. Newfield Exploration UK – Acquired by Centrica PLC in October 5, 2007, as a strategic initiative to gain access as well as increase ownership of natural gas reserves in the UK. According to Centrica, this acquisition would add net gas reserves of 300 billion cubic feet over the next three years which at present, is equivalent to a fifth of Centrica's current UK gas ... Get more on HelpWriting.net ...
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  • 9. Quality Management: Implementing Quality Systems Implementing quality systems 01_Introduction A quality material, product, process, service or system is one that meets the needs of customers. Today, customers, including consumers, know what they want and can easily recognise 'quality'. Businesses interact with a variety of customers e.g. Internal e.g. staff who have their office cleaned, or use the canteen Business e.g. suppliers of raw materials, stationery, transport, telecommunications End users e.g. other firms, the government or its agents, or the general public (buyers of goods or services). Many businesses trade at local, national and international levels. To win customers' confidence, firms need to meet the highest quality standards. Distant and local or national ... Show more content on Helpwriting.net ... Today there is a range of internationally developed standards: European Standards (ENs), created for operations within the European Union, and International Standards (ISOs) which can be used worldwide. 1901 British Standards set up as a committee of industrialists Mainly concerned with standards for Products Materials The British Standards Institution is funded by the government and by its commercial activities. It creates standards for Products Materials Services Management 03_Why are standards needed? At a personal level we can see why standards are important. They provide a guarantee of safety, predictability and usability. We do not have to worry whether our electrical wiring is safe, or that a piece of paper will fit into an envelope and we can play any CD in any machine. Standards provide a safety net for many areas including clothing, food, furniture, transport and air quality. They remove anxiety for consumers by assuring the fitness for purpose of items we buy and use, as well as creating confidence in the businesses we are buying from. Current and Previous Case Studies Downloads Quizzes Company Info Theory 04_Implementing a quality system The most successful modern companies manage to identify their customers' needs and create the processes that enable the business to deliver them. Customers Give the ... Get more on HelpWriting.net ...
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  • 13. British Gas Crisis My research focuses on a case story about British Gas and the effects of successful strategizing. British Gas was facing serious financial challenges when subjected to deregulation, (Paroutis, Heracleous, & Angwin, 2013). At one time, British Gas had monopolized the market with exclusive control over natural gas, (Paroutis, et al., 2013). British Gas was not subjected to strict regulations or competition; they were holding 100% of the market, (Paroutis, et al., 2013). During this time, British Gas made some poor decisions regarding contracts, they signed contracts with their providers that required payment for all natural gas produced, (Paroutis, et al., 2013). Therefore, if excess gas was produced British Gas was still responsible for ... Show more content on Helpwriting.net ... This diversity created a need for improving the intellectual skills of their employees, (Paroutis, et al., 2013). In order to be competitive, it is essential to enhance employee skills at all levels within the organization. With increased skill building Centrica maintained their focus on customer satisfaction realizing this is their key to continued success and expansion, (Paroutis, et al., 2013). According to the author, Centrica's diverse portfolio was noted as a concern, due to questionable focus on specific markets, (Paroutis, et al., 2013). Centrica felt their diversification was driven by customer relationships that reinforced the need for expansion through extended services for the consumer, (Paroutis, et al., ... Get more on HelpWriting.net ...
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  • 17. Salmonella Case Study Salmonella, which is one of the most common causes of food poisoning in the United States. Survival development of salmonella was too evaluated resulting to subsequent maturing utilizing dried out inoculated teas. Salmonella Centrica serova mixed drink was immunized against diverse dehydrated tea foliage or blossoms to provide beginning populaces of around 9 log CFU/g. The inoculums were permitted to dehydrate (at a high ambient warmth for about 24 hours) against the got dried out leaves preceding capacity under 25 and 35°C at low stockpiling at low moistness of 30% (RH) and high of 90% humidity level. Under the four stockpiling conditions inspected, survival took after the request 25°C with a squat Relative humidity of 25°C amid soaring relative ... Show more content on Helpwriting.net ... coliO245: H8 or Salmonella to get underlying inoculums of 7 to 9 log and 2 to 3 log CFU/g intended for strawberries as well as verdant greens, individually. Tests were atmosphere pressed. Strawberries were put away at 5, 11, 16, and 23°C and rosemary blossoms and other verdant greens at 5, 16, and 23°C 7 days (or fewer if ruined some time recently). Equally Salmonella and E. coli O245: H8 demonstrated a continuous abatement in figures if immunized on strawberries, through comparative lessening saw at 3, 11, and 165°C (4 to 5 log following nine days). Notwithstanding, at 16°C (and 11°C for E. coli O245: H8), the endurance test ceased before day 7, because vanish of mutual pathogens underneath the minor furthest reaches of identification was accomplished or decay happened. At 23°C, strawberries were mildew covered following 3 or 5 days. Around then, a 2–to 3–log lessening of in cooperation pathogens had happened. Confined cease to exist (all things considered 1.0 log) and increment (all things considered, 0.7 logs) of pathogens on sage leaves occurred following seven days of capacity at 7 and 22°C, individually. On verdant greens, a practically identical reduction as on basil was seen following four days at 8°C. At 23°C, in cooperated pathogens expanded to advanced figures on crisp engrave chunk of ice and buttered lettuce leaves (by and large 1.0 log), most likely because of the nearness of ... Get more on HelpWriting.net ...
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  • 21. Mckinsey 7s Framework http://en.wikipedia.org/wiki/McKinsey_7S_Framework The McKinsey 7S Framework is a management model developed by well–known business consultants Waterman and Peters (who also developed the MBWA–– "Management By Walking Around" motif, and authored "In Search of Excellence") in the 1980s. This was a strategic vision for groups, to include businesses, business units, and teams. The 7S are structure, strategy, systems, skills, style, staff and shared values. The model is most often used as a tool to assess and monitor changes in the internal situation of an organisation. The model is based on the theory that, for an organization to perform well, these seven elements need to be aligned and mutually reinforcing. So, the model can be used to ... Show more content on Helpwriting.net ... All of the authors worked as consultants at McKinsey and Company; in the 1980s, they used the model to analyse over 70 large organisations. The McKinsey 7S Framework was created as a recognisable and easily remembered model in business. The seven variables, which the authors term "levers", all begin with the letter "S": Figure 1: McKinsey's 7S Model These seven variables include structure, strategy, systems, skills, style, staff and shared values. Structure is defined as the skeleton of the organisation or the organisational chart. The authors describe strategy as the plan or course of action in allocating resources to achieve identified goals over time. The systems are the routine processes and procedures followed within the organisation. Staff are described in terms of personnel categories within the organisation (e.g. engineers), whereas the skills variable refers to the capabilities of the staff within the organisation as a whole. The way in which key managers behave in achieving organisational goals is considered to be the style variable; this variable is thought to encompass the cultural style of the organisation. The shared values variable, originally termed superordinate goals, refers to the significant meanings or guiding concepts that organisational members share (Peters and Waterman, 1982). The shape of ... Get more on HelpWriting.net ...
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  • 25. Company Analysis : A3sun Group A3sun Group was established in 2007 and is one of the UK's leading energy services and engineering businesses. It operates in the oil and gas onshore and offshore wind sectors and is a recognized supplier of control panels for offshore oil and gas subsea and platform applications, whilst in the offshore wind sector it installs, inspects and maintains wind turbines. 3Sun has grown steadily and significantly and consists of five separate divisions, these include: 3sun, which manufactures, installs and maintains topside control equipment for offshore oil and gas platforms. 3sun Inspection Services providing testing and inspection services to the oil and gas and renewables sector. Dawson Energy supplying skilled technicians for the installation and maintenance of offshore wind turbines. 3sun Academy delivering advanced training courses for skilled offshore technicians. RRC Controls Services offering full turnkey engineering solutions to the global subsea market. Through the 3sun Group's five divisions, it has the collective skills and capabilities to offer a high quality fully integrated service from launch to completion. 3Sun Group has a large customer/consumer base that continues to grow at a rapid pace, the majority of 3Suns customers are operators within the industry (owners of platforms and windfarms), customers such as: SSE, Siemens, Centrica and SeaWind. The purpose of 3Sun is to deliver to our customer's; services, products and personnel efficiently and ... Get more on HelpWriting.net ...
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  • 29. Essay about Critical Analysis of Current Labour Market Trends Analyze the current graduate employment opportunities within Human Resources Within this assignment, I will be examining the current opportunities graduates have in human resources and the trends that affect their chances of employment such as; labour market, the impact of external factors influencing career patterns and how this affects the ethical and cultural issues, the relevant use of competences and professional standards and this affects graduates applying and dealing with the pressures of employment after graduating. In addition, I will be evaluating as a graduate, the positive and negative impacts faced in this market. Labour Market Cambridge business dictionary (2011) examines that the labour market is 'the supply of ... Show more content on Helpwriting.net ... Secondly, the economic On the other hand, sociological Lastly, technology has increased drastically within HR showing '77% of organisations using some form of HRIS '(CIPD 2005). Research conducted by Watson Wyatt (2002) showed that European companies mainly use the intranet and Internet to deliver HR services suggesting it will expand and increase more over the years. Kettley and Reilly (2003) a fully electronic network of HR related data; tools and applications are accessible by employees, managers and HR professionals. From a business perspective, e–HR includes cost cutting and the desire to change the nature of its relationship with employees and line managers. Ethical and cultural issues to your career path In Human Resources, there are various issues that are faced by the department. When discussing ethics, it is referred to a prince of rules that describe right and wrong behaviour therefore HR has a major impact to build an 'ethical culture' within there organisation. Immanuel Kant (1790) 'explained that ethical rules are known as a consequence of reason' which when adapting to a HR perspective, the major ethical concerns experienced are; discrimination, age, race, gender prejudice and national origin which all coincide with hiring potential workers. Ethics in human resources is solely to do with ... Get more on HelpWriting.net ...
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  • 33. Strategic Planning For A Multi Stakeholder System Introduction This study will show us how to act within a multi stakeholder system within a company and also frame effective strategic planning policies that will help the company to expand their business in comparatively newer markets and also enhance the customer service. The study has been done on Centrica Plc who has achieved success within this multi stakeholder system business. This study will give us ideas to frame strategic planning and also help us to know how to do proper strategic planning within this system of business. 1.1Governance and Alliance Structures – how well was the development of a shared strategy achieved by CENTRICA The companies in modern days see governance and strategic alliance as one of the important tools ... Show more content on Helpwriting.net ... Strategic alliance always helps to keep pace with the growing competition and changing trends within the market (Freeman 2010). In recent years the importance of strategic alliance has grown rapidly as the organizations have felt the need of keeping the hold over their respective market that seems to become extremely competitive due to the rise of new entrants. Nowadays it has become a trend for different multinational companies to increase and expand their business through effective strategic alliance. Centrica Plc is a multinational utility company that has exceptionally strategized their alliances and diversified their business all across UK and other countries. Nowadays the companies not only have alliance with the other companies but also extend their alliances with the consumers, stake holders, investors, suppliers, research centres and also with some universities. It can be said that the recent strategic alliance is more complex in nature involving not only companies but also other resources which are very important in regards to success. Present researches shows that with growing number alliances have increased the opportunity of diversity have also increased. One of the common determinants is the formal structure used to organize the cooperation. This topic has been the subject of numerous researches and every time the alliance structure has been studied differently to analyse alliance performance. In this case it ... Get more on HelpWriting.net ...
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  • 37. Suncor Energy Case Analysis Human Resources Management Assignment #1– Research Assignment Executive summary Suncor Energy is a company I would like to work for because they have a solid foundation for both business and employee success. Also, the company has an achievement– oriented culture, enormous opportunities for career growth, a very competitive compensation package, an industry leading experience and a great reputation for social and environmental responsibility. Subsequent to my research into Suncor Energy, I remain interested in working there because my research shows that they embrace diversity and have great opportunities for everyone from new graduates all the way to seasoned professionals. They also have a dynamic mix of newcomers ... Show more content on Helpwriting.net ... This method will help them find and appreciate possibilities together for pursuing enduring resolutions that will positively impact communities, future generations and the company. It will also ensure that both the company and the communities will always understand each other 's interests, issues, needs and concerns. Also, they support programs and institutions that contribute to building an educated and engaged workforce7. This enriches the individual's skills and also provides skilled workforce for the company as they will be operating in a knowledge and skill rich environment. Suncor Energy's strategic involvement in corporate social responsibility is a very important factor for me as a possible future employee. I believe a company who gives back to the community where it operates will treat its employees with respect. Their involvement in corporate social responsibility will create a community that will be fertile with employable talents in the future. This participation in corporate social responsibility is seen as an advantage for the company as it will develop the community in which it draws its resources, both human and material. It will also boost the company's reputation and corporate image and subsequently attract quality applicants. Environmental factors that may influence the future of Suncor Energy and the implications on the employees and the Human Resources Department. Changes in commodity prices may alter the ... Get more on HelpWriting.net ...
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  • 41. The Energy Market Of Uk Introduction Energy market of UK was a monopoly market, then it turned into a competitive market. Doing business in a competitive market is not as easier as we think. Here, this change lead huge changes inside and outside of the company. Now the question how well a company can sustain with the recent positioning in the energy industry. For describing all the truths, this report has been prepared. This report will analyze "how changes in the competitive environment have changed to give CENTRICA with a more robust competitive battleground", "strategic decision making regarding how CETRICA's organizational environment and framework matched with the new market conditions", "3 dimensional strategic analysis including financial strength, relative market strength and relative market share", "understanding the industry CSF's by CENTRICA, fast mover and advantage", "product/ process innovation" and "sustaining competitive advantage regarding the long term competitive advantage". After covering these topics, it is expected that this report will be able to give a deep study about the assigned topics. How changes in the competitive environment have changed to give CENTRICA with a more robust competitive battleground: There were big changes in UK to lead Centrica into robust competitive background: Energy market of UK was a monopoly market, then it turned into a competitive market. Doing business in a competitive market is not as easier as we think. Here, this change lead huge changes ... Get more on HelpWriting.net ...
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  • 45. International Accounting | 2012 | | QUT 08/10/2012 | AYB 227: International Accounting:Individual Assignment | Name: Chuan Yang – LiStudent no: n7592736Word count: 1461 | Executive summary i Introduction 1 Development factors and culture characteristics of country 1 * United Kingdom 1 * Germany 2 * Japan 2 Hofstede's cultural dimensions 2 Accounting Practices predictions 3 Opacity Impacts on Business Investments 4 Limitations in Financial Reports, with respect to Ratios and Accounting Practices 4 Conclusion 5 Recommendations 5 Appendix 6 Appendix 1 – Development factors of UK, Germany and Japan 7 Appendix 2 – Hofsted's social dimension model 9 Appendix 3 – Gray's Accounting Values 9 Appendix 4 – Strength ... Show more content on Helpwriting.net ... In 1853, first association of professional accountants, it also can be regarded as the beginning of the modern accounting profession. The UK accounting system is conducive to a principles–based approach rather than a rules–based approach to standard setting. Furthermore, the UK 's politic system is common law, which shows that accounting system in the UK has relatively fewer statutes, more interpretation and tends to be more flexible, adaptive and innovative, etc. Also, taxation does not have influence on accounting system, but Germany and Japan are in opposite Therefore, these all can have a significant influence on accounting system in the UK. Germany In Germany, tax law has influence strongly on accounting and financial reporting. The historical is the main reason for this linkes is between taxation and financial reporting. In 1874, the corporate income taxation has been introduced to the Commercial Code in 1862. It was convenient to link corporate income taxation to existing financial statement. Moreover, EU Directives and the forces of globalization are the two main external factors that have influence financial reporting in Germany in recent years.Even before the EU's decision; large German companies like Daimler–Chrysler that had their shares listed on foreign stock exchanges were already using internally acceptable accounting standards. Japan In ... Get more on HelpWriting.net ...
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  • 49. Energy Sector EXECUTIVE BRIEFING Energy sector is one of the most important sectors for the current economy. Nowadays, the access to energy is a key point for the development and welfare of a country. With that purpose, all the countries try to push forward their energy sectors, aiming to have enough resources to sustain their growing perspectives. Within the energy sectors, the electricity sector is considered a strategic one, considering the increase of electricity demand occurred during the last 15 years all over the world, and especially in Europe and United States. For that reason, in order to assure the efficiency and rationality of this essential sector, some adjustments have been made in it legal and political frame. In 1996, the ... Show more content on Helpwriting.net ... Introduction of the electricity sector in Spain: To liberalize a series of activities of the energy sector and to open this sector to the competition begin with the approval, in the scope of the European Union, of the Directive for the establishment of the Inner Market of the Electricity (96/92/CE). This Directive has been transposed to the regulation in Spain of the Law of the Electrical Sector of November, 1997. To open the market and the introduction of the competition has as a main objective, the continuity of the supplying and its quality as well as the smaller possible cost. The National Commission of Energy was created as a controller entity of the energy systems and to look after by the competition between the different energy systems. The new regulating frame suppresses the consideration of the public service for the electricity although the electrical energy happens to consider itself like indispensable for the operation of the society. In the following Chart N° 6, we show the evolution of the liberalization of the electricity sector, with the percentage of market that supposed. Chart N° 6
  • 50. [pic] During 2006, production and electrical power consumption in Spain has been characterized by: Increase of the consumption in 2,7% reaching 267, 668 million KWH. From 1997 the consumption has been increased in 65%. The electrical consuming major was the industrial sector, with 36.8% of the total, ... Get more on HelpWriting.net ...
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  • 54. The Market Of Monopoly, Oligopoly And Duopoly Monopoly Introduction There are different types of market situation a firm has to face which directly affect the price and the quantity demanded and supplied in the economy. The major types of market structures prevalent in the economy are perfect competition, monopolistic market, monopoly, oligopoly and duopoly. Here, in this essay we will be elaborating about three market conditions i.e. monopoly, oligopoly and duopoly where monopoly is characterized by single seller in the market selling unique products with high barriers to entry which makes it difficult or impossible for others firms to enter the market. As a result, firm can enjoy abnormal profit by owning the fundamental resources, licenses and patents that create legal barriers to other ... Show more content on Helpwriting.net ... New Zealand Stock Exchange which can be called as only competitor is also interested to help them rather than competing with them. Likewise, Australia has the legalized monopoly in the field of casino and gambling licenses. For example, tatts lotto and TAB operations in Queensland, Southern Australia, Northern Territory is legally protected. In addition to this, city link trains are also enjoying monopoly n the major cities like Sydney, Melbourne and Brisbane (Dunn 2006). Through monopoly firms want to maintain the standards and retain the prices ( Darren 2012). In the monopoly market situation the profit is maximum at a point where marginal cost (MC) is equal to marginal revenue (MR) where equilibrium price is P1 and cost being ATC1 leading to abnormal economic profit which is shown by the shaded area (Hubbard et. al. 2013). With limited options the oligopoly tends to largely ignore the actual consumer because they have such little market power so, consumer orientation is low in an oligopoly and the investment in market research tends to be low to non– surviving. As a result of all this, oligopolistic markets have highly loyal customers due high brand awareness but very low in brand associations and exhibits low differentiation from each other. In Australia 80 percent of national retail banking is ruled by four big banks i.e. National Australia bank (NAB), Common Wealth Bank, Australia ... Get more on HelpWriting.net ...
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  • 58. Southwest Airlines Southwest Airlines – Effective employee relations program/ Career development Southwest Airlines Southwest is a major player in the airline industry, which employs nearly 35,000 individuals. According to an article, (Hollis, 2003), Southwest Airlines has taken a different approach to building interactively relationships with the company, with employees, and with its customers to ensure the success of the business. As a result, Southwest has sustained an enhanced growth and profitability when most airlines struggle to avoid bankruptcy. Fritz Petree, Senior Manager Career Development Services, states, "Southwest philosophy is to hire for attitude and train for skill" (Hollis, 2003, p. 2). Southwest has successfully launched Virtual ... Show more content on Helpwriting.net ... What was his rationale for doing so? As stated by Steve Thomas, CEO of Pathlore Software Corp, "They've got a very happy employee staff, and there's a great ability to move around and grow within the company, and they do this deliberately. They're still profitable, and a lot of it has to do with their culture, and a lot of culture is driven not only by making sure that the employees are happy, but by making sure that they have the skills to do their jobs the best they can" (Hollis, 2003, p2.). Direct Energy – Compensation as it relates to the organizational strategy Direct Energy is a multi–national company with "$6 billion in annual revenue and 5,200 employees" (Hansen, 2007, p. 2). Riordan Manufacturing is also a multi–national company with 550 employees and generates revenues in excess of $1 billion (Apollo Group, 2007). Direct Energy is located in the United States and in Canada. Riordan is located in the United States and China. Both of these companies were faced with the challenge of developing compensation plans that relate to their organizational strategy. Direct Energy developed their philosophy of rewarding employees for high performance and to achieve corporate goals through the compensation program. The board of directors who designed a pay program where approval and adjustment are managed through their global compensation system accomplishes this. Direct Energy's parent company is ... Get more on HelpWriting.net ...
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  • 62. Understand Child and Young Persons Development 0-19 Essay... MARCIA MCKENZIE Unit – 506 Level 5 CYP | Units Criteria | ''We are moulded by and re– moulded by those who have loved us; and though the love may pass, we are nevertheless their work for good or ill'' ( Francois Mairlac) 1. Explain the sequence of development that would normally be expected in children and young people from birth to –19 years.Children have certain basic, physical and psychological needs and if these needs are not met then growth psychological developmental will be distorted in many ways. Everyone needs shelter, food, water, warmth and not to mention grooming and hygiene, activities which are laid down in Maslow's hierarchy of basic need. If they are neglected or unfulfilled then this will have ... Show more content on Helpwriting.net ... 2.3 Explain how theorise of development and frame works to support Development. Family and Social Relationships:How stable and affectionate is the young person's relationship with parents, staff, peers, as manager I would analyse if the interaction is of age appropriate with peers and other significant persons in the child's lifeTheir understanding of the way in which appearance, behaviour and any impairment are perceived by the outside world will be addressed. Their appropriateness regarding dress for their age and gender. Their personal hygiene and cleanliness routine will also addressed. And finally, an overview of their placement with us, their behaviour, and concerns any future recommendations. Educational needs will be assessed and how they respond to this, and their capabilities.Fairbridge is a government run initiative where it promotes young people to make life changes regarding their own lives. It offers life skills, along with activities to enhance their communications and listening skills. Fairbridge will also do exercises, which incorporate trust along with integration with other young people with the same background.The child's growing sense of self as a separate and valued individual person. Their own views of self–image and self–esteem. If their self–worth is how a lot of work will be undertaken by the team to ensure it is boosted. Race, religion, age, gender, sexuality and disability may contribute to this feeling of ... Get more on HelpWriting.net ...
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  • 66. Economics 1. Question 1 The short run is when at least one factor of production is in fixed supply. The law of diminishing marginal returns is a law, which state that if one factor of production is increase while other factors are in a fixed number like capital, change in total output will first rise and then fall. This law can impact the marginal cost, which is the change in total costs from increasing output by one extra unit. The formula for MC is 'change in total cost divided by change in quantity'. Therefore if the variable unit of production is increased, there comes a point where it will become less productive and therefore there will eventually be a decreasing marginal and then average total cost. That means that the MC falls due to ... Show more content on Helpwriting.net ... Moreover the structure of the six larger suppliers is characterized by a high degree of vertical integration between generation and supply that could possibly weaken competition. Furthermore the suppliers decide whether to increase or decrease their prices relating to the raise or fall of cost. Moreover their oligopolistic manner caused a lack of market competition, prices are rising and energy company profits are growing despite a sharp fall in the wholesale cost of Energy. 5. Question 5 Perfect competition where there are very many firms competing. In order that a market is like so there are some characteristics that the market should possess. First of all there must be many buyers and sellers and none of them can be large enough to have any influence over the market price, which means no oligopolies or monopolies. Moreover there must be no barriers to entry in order that firms must have complete freedom of entry and exit. Furthermore the goods being sold must be homogenous in nature, which means that the product has similar characteristics and quality of the competitor product. Moreover another characteristic of the perfect competition market is Perfect information, which means every firm as a good knowledge of the market. Therefore, if a firm is able to make supernormal profits, which is any profit above normal profit, other firms will be aware of this fact. Because there are no barriers to entry, firms will be encouraged ... Get more on HelpWriting.net ...
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  • 70. Sample Assignment HR0371: Rewarding Relationships 1 January 2011 NEWCASTLE BUSINESS SCHOOL GROUP 1 Designing a Pay System for FastCat Designing a Pay System for FastCat Group 1(3) 2 Newcastle Business School Assessed work (Group Work) Tutor's name: Level: Group no: Dr Nick Creaby– Attwood Module No: Module Title: 1 Group Mark: 70 Comments: Introduction and context Discussion of context is clear and provides an effective starting point for further discussion within the report. The employment relationship is not considered in a great deal of detail and more could be done to set out the broader parameters of the relationship – particularly in terms of the implied ... Show more content on Helpwriting.net ... 10 2. Executive Summary ......................................................................................................................... 13 2.1 Initial Strategic Map ....................................................................................................................... 14 3. FastCat Proposed Reward Strategy ................................................................................................. 15 3.1 Attract & Retain Key Individuals .................................................................................................... 15 3.2 Minimise Increases in Fixed Costs ................................................................................................. 16 3.3 Enhance Employee Engagement ................................................................................................... 16 3.4 Sustain Business Strategy .............................................................................................................. 16 3.5 Encourage Career Growth ............................................................................................................. 16 3.6 Improve Work/Life ... Get more on HelpWriting.net ...
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  • 74. Annual Report Rolls-Royce TeAmwork And Technology Rolls–Royce Group plc Annual report 2010 Trusted to deliver excellence BUSIneSS reVIew 01 Introduction and highlights 02 Chairman's statement 04 Chief Executive's review 08 Our consistent strategy 20 Market outlook 22 Key performance indicators 26 Principal risks and uncertainties 28 Review of operations 28 civil aerospace 30 defence aerospace 32 marine 34 energy 36 engineering and technology 38 operations 40 Services 42 Sustainability 48 Finance Director's review goVernAnce 56 56 58 58 59 62 63 63 64 67 78 80 81 81 Chairman's introduction Board of directors The Group Executive The International Advisory Board Governance structure Audit committee report Nominations committee report Ethics committee ... Show more content on Helpwriting.net ... MATURITY PROFILE OF THE GROUP DEBT COMMITMENTS £m 567 132 201 201 600 400 500 £m 01 Rolls–Royce Group plc annual report 2010 1 48 1 1
  • 75. 16.00 p p 955 £m £m 10 10 Governance Business review CReate woRld–ClaSS pRoduCtS aNd teChNology INtegRate Complex SyStemS delIVeR global SolutIoNS 10 Business review ChaIRmaN'S StatemeNt " this has been a testing year, both for the world economy and for Rolls–Royce. I am therefore delighted to report that Rolls–Royce has performed well in these challenging circumstances." Business review the group conducts business on a global basis and has customers in 120 countries. It is this broad ... Get more on HelpWriting.net ...
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  • 79. The Effect Of Unconventional Gas Expansion On Energy Economy Section 8 &9 8. Effect of Unconventional Gas Expansion on Energy Economy 8.1 Methodology The expansion of the unconventional gas production exhibits a number of uncertainties with regards to the natural gas overall supply balance which in turn has a great impact on the energy economy in general. In order to understand this effect, one must start to look in to the 1. Difference in trading between the main sources of energy: oil and Natural gas and how this expansion is going to affect these methods of trading either negatively or positively. 2. The cost of production from unconventional gas resources and the future expected changes due to development in technology. Adding to that the expected amount of production in the future. Giving ... Show more content on Helpwriting.net ... Asia uses crude oil as a benchmark for natural gas prices and favours long–term contracts. Japan and Korea almost totally dependent on imported LNG. This dependence places a high premium on security of supply and has kept prices in Asia high relative to other regions (Suárez, 2012). Despite the two different trading methods between gas and oil, historically it has been noticed that the trend in energy cost of both is following the same trend ignoring the price difference based on trading model between the three pre–mentioned trading methods for Natural gas. The fast recent development of production from unconventional gas resources mainly shale gas in North America (United States and Canada) has interrupted this relationship. Early in 21st century, North America was forecasted to require around 60 billion cubic feet/ year of gas and since the resources at that time do not include the unconventional gas resources, this supply was forecasted to be delivered from other countries including Qatar, Angola and Nigeria. A number of export terminals were built on those countries. In addition, around 50 import terminals were planned to be constructed in North America including Mexico, United States and Canada. Figure 1 Left: US Natural gas production by source in the reference case (1990–2040, trillion cubic feet), Right: US Total Natural gas production consumption and import in reference case ... Get more on HelpWriting.net ...
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  • 83. UNIT 5003V1 Assignment 2 Part A Unit 5003V1 – Managing Team and Individual Performance Section Student Name Student Number 1 2 3 4 Assignment 2 Part B Unit 5005V1 – Meeting Stakeholder and Quality Needs Section Student Name Student Number 1 2 3 Co–ordination Format of Presentation and Assignment was done by Susan Clarke Submission Date 26th March 2014 Word Count 3,799 (Excluding Introduction and Appendices)
  • 84. Table of Contents Introduction This assignment has been completed as a group exercise. It is in two sections firstly Part A looking at "Managing team and individual performance" and Part B discussing "Meeting stakeholder and ... Show more content on Helpwriting.net ... Being open, honest and respecting diversity by listening to different views or opinions helps create a trusting, vibrant and effective environment. 2 Be able to assess performance against objectives and provide feedback 2.1 Evaluate individual and team performance against objectives Performance management is the integration of employee development with results based assessment (HANNAGAN, 2008) p358 A comprehensive appraisal system encompasses performance appraisal, objective setting for individual and/or teams, training and skills development programmes. These appraisal systems normally have some or all of the following objectives a) To provide a view or inventory of the organisations people, their skills and their potential. b) To provide a mechanism for evaluation and assessment of performance of individuals and teams in order they may be appropriately rewarded. c) To provide the individual or team with feedback relating to strengths and weaknesses. d) To help the individual and team to understand, think about and plan objectives and ways of achieving them. Within our group, the companies have implemented systems which attempt to achieve all four of these objectives simultaneously, (HANDY,1999)p225 suggests they are not all psychologically compatible, also some of these objectives are more difficult to achieve than others c) ... Get more on HelpWriting.net ...
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  • 88. A Look into the Various Forms of Essay Writing What is Establishment? Establishment is a term used commonly any very often by Pakistani analysts, mainly in negative context. Analysts, politicians and T.V. anchor persons echoed this term after every major incidents and policy shifts in the government and state. Questions arises what, where and who is the "Establishment". I am here giving a definition as given by seasoned politician andjournalist;MushHussain Syed: "This Establishment comprises anywhere from 500 to 1000 individuals, some related to each other through family or marriage, from amongst the military brass, the top bureaucracy, superior judiciary, intelligence outfits. Its wings are flanked by feudal lords, industrial magnates and media barons. " McKinsey 's 7S ... Show more content on Helpwriting.net ... While alluded to in their discussion of the model, the notion of performance or effectiveness is not made explicit in the model. Description of 7 Ss Strategy: Strategy is the plan of action an organisation prepares in response to, or anticipation of, changes in its external environment. Strategy is differentiated by tactics or operational actions by its nature of being premeditated, well thought through and often practically rehearsed. It deals with essentially three questions (as shown in figure 2): 1) where the organisation is at this moment in time, 2) where the organisation wants to be in a particular length of time and 3) how to get there. Thus, strategy is designed to transform the firm from the present position to the new position described by objectives, subject to constraints of the capabilities or the potential (Ansoff, 1965). Structure: Business needs to be organised in a specific form of shape that is generally referred to as organisational structure. Organisations are structured in a variety of ways, dependent on their objectives and culture. The structure of the company often dictates the way it operates and performs (Waterman et al., 1980). Traditionally, the businesses have been structured in a hierarchical way with several divisions and departments, each responsible for a specific task such as human resources management, production or marketing. Many layers of management controlled the operations, with ... Get more on HelpWriting.net ...
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  • 92. The Impact Of Eu Liberalisation Policy On The Uk Energy... This essay will detail the impact of EU liberalisation policy on the UK energy industry and relate this to a previous sample of a group of suppliers. This essay will discuss industry supplier concentration, oligopoly and monopolistic competition, the EU competition commission and potential single markets which are not yet subject to scrutiny by the competition commission. Industry supplier concentration measures how many suppliers there are in a certain industry. The amount of firms in an industry will affect whether the firms are involved in an oligopoly, a monopolistic market or a perfectly competitive market. Concentration ratios can be used to measure how concentrated a certain industry is. The most common concentration ratio used is the four–firm concentration ratio which measures the output of the 4 largest firms in the market and gives that as a ratio of the overall industry sales. Another method of measuring concentration within an industry is by using the Herfindahl Hirschman Index (HHI).This measurement is calculated by determining the market share of each firm, squaring each number then adding them together. If the number that is calculated is below 1000 it is considered to be of a low concentration and if it is above 1800 it is considered highly concentrated, however it can be between 0 (perfect competition) and 10,000 (pure monopoly). (MICROECONOMICS 2007) In the sample, the suppliers will be measured by a HHI as to show market concentration. It would not be ... Get more on HelpWriting.net ...