Career Plan Essay Example | Topics and Well Written Essays - 1750 words

Career Plan - Essay Example The self-assessment exercise determines my suitability in pursuing the career. This process is crucial because it enhances the best utilization my tangible and intangible resources. I had the blue-print of establishing my business in the supply chain management. The process will enable me to have a clear understanding of the requirements of my vision. The process protects me from skill obsolescence. This notwithstanding, the process of career planning requires a comprehensive career plan framework. Different perceptions regarding career planning exist, but the bottom line is that the plan must be subjected to my strengths and weaknesses, and objectivity. Sometimes career planning is influenced by my parents, tutors and peers. The influence is healthy because new ideas are factored into the decision making process with a career plan. Moreover, the process is influenced by self-efficacy. The objectives of my career are to establish a sole-proprietorship in the supply chain management. The plan will enable me to achieve the best scores in academic contests. The plan also enables me to streamline his activities towards getting the best-paying job in the future. A career plan also enhances the utilization of scarce resources like finance and education. The plan makes me to be focuses and result-oriented. Objectivity enhances creativity and innovativeness among the career planers. My success in life is determined by the career choice adopted. The aspect of success in life is relative given that success implies different things for different people. My self-assessment entails the reflection on my personal strengths and weaknesses. The evaluation enhances better decision making pertaining to career choice. The process entails consideration of my values, tastes and preferences. These are matched with the available learning opportunities. According to Rothwell (2010), the circumstances surrounding me are also

Kodak and Fujifilm Essay Example | Topics and Well Written Essays - 1500 words

Kodak and Fujifilm - Essay Example The company has been slow in responding to the digital revolution. George Eastman started commercial production of dry plates as early as 1888 in New York (Schaede, 2008). He formed Eastman Company in 1888 and later transformed it to Eastman Kodak in 1892. The first brownie Camera was introduced in 1900 while the first motion picture film was launched in 1929. The first digital camera was introduced in 1975 with the capability of capturing black and white images with a resolution of 10,000 pixels. Eastman Kodak ventured in the video market in 1984 with the Kodavision series 2000 8mm video system. In 2003, Kodak Easyshare printer dock 6000 was launched to produce borderless 4 by 6 inch prints. In 2011, the company began shopping its 1,000 digital-imaging patents and experienced a downgrading of its debt ratings. In January 2012, the company announced plans to realign its business operations in order to cut costs but later in the month it filled bankruptcy protection in order to boost cash position and stay in operations. The profits and sales of Eastman Kodak have been eroding since 1990s due to foreign competition from Fujifilm. Eastman Kodak core business is divided in to three business segments that include digital and filming systems for consumers, professionals and entertainment industry (Schaede, 2008). The second business segment is the commercial imaging group that consists of aerial, graphic, micrographic, inkjet printers, scanners and digital printing equipments that target industrial, banking and insurance markets. The third business segment is health imaging that caters for medical films, processing equipments and chemicals (Schaede, 2008). On the other hand, Fuji Photo Film Ltd was founded in 1934 and is headquartered in Tokyo, Japan. Fuji Film prides itself of continuous technological innovations since the company spends almost 7 percent of its sales towards research and development activities. Fuji Photo Film was established as part of the governm ent plans of establishing a local photographic film industry. Ashigara factory began operations immediately by producing photographic print papers, dry plates and photosensitive materials. The company entered the US market in 1965 and diversified to Europe the following year (Schaede, 2008). In 1983, Fuji acquired 51 percent of the shareholding of Chiyoda medical company in order to boost its medical photography and imaging business segment. In the 1990s, the company made several acquisitions and entered markets such as Hong-Kong, China and German. In 2003, an Enovation Graphic system was established in the US and acquired Arch Chemical, Inc currently known as the Fujifilm Electronics materials Co, Ltd. The company acquired Avecia inkjet limited and Problem solving concepts, Inc in order to boost imaging information systems business segment in the US. The company entered in Dubai in 2010 and also acquired endoscopy products in Turkey to boost its sales promotions. FujiFilm launched light production color system for on-demand printing in 2012. Fujifilm core business is divided in to three business segments that include imaging solutions, information solutions and documents solutions. Imaging solutions segment consists of electronic imaging, color films, color chemicals and papers, labs and photofinishing equipments. Information solutions business segments consist of medical systems, graphic systems, industrial products, optical devices and recording media (Schaede, 2008). The document

JITT Assignment Example | Topics and Well Written Essays - 250 words - 2

JITT - Assignment Example It is wrong to hoard food while others are starving. And for the benefit of the whole society, the person should release the food. The utilitarianism shows that the society should pursue maximum happiness. A journalist should aim to minimize the harm caused to the people. The case of Thompson should not be reported since apart from ruining the chances of him winning, there is no other good that will accrue to the society. The SPJ principle of minimizing harm should be applied (â€Å"SPJ Code of Ethics | Society of Professional Journalists | Improving and Protecting Journalism since 1909† 1). Some decisions depend on whether we can apply the choice made universally. If a cancer patient is allowed to take away her life due to pain, what will happen if we apply this principle to all such cases? The Kant, categorical imperative principle shows that the decision will not be desirable. It will be vital for the doctor to reduce the pain but not necessarily help the patient to hasten death. In the Kohlberg’s model of moral development, I am on the stage four. I view law as an important invention and will in most cases abide by the rules and regulation. I will not be comfortable breaking the accepted social order or going against the established legitimate authority. I believe this is right since anytime, I a break a rule it disrupts the balance in the society, and there is high likelihood someone else will suffer because of my actions. Thus maintaining law and order helps the society that I live in to have harmony and

Risk financing and portfolio management Essay Example | Topics and Well Written Essays - 2500 words

Risk financing and portfolio management - Essay Example Section 2 provides a description of how an investor can hedge long and short positions in the stock using calls, puts, and option spreads. 2. Options Strategies as of the 1st of December 2011 This section describes how long and short positions in the stock can be hedged using puts, calls and spread options. The discussion begins with how a long position in the stock can be hedged and later focuses on how a short position can be hedged. a) Hedging a long Position A long position in a stock means that the investor has invested in the stock with the objective of profiting from prices increases. However, because the stock price behaves in a stochastic fashion, the investor cannot tell for sure whether the price will rise or fall. If the investor does not do anything and the price rises, then he will be better off. However, if the investor fails to hedge against price declines and the price ends up declining, then the investor runs the risk of losing all or some of his/her investment in t he stock. Consequently, strategies have been developed which enables investors and portfolio managers to hedge against the risk that the price of a stock might fall. This can be done using calls, puts, and option spreads. ... For a European call option which can only be exercised on the maturity date of the call, the call will only be exercised if it is in-the-money on the maturity date. A call option is said to be in the money if the stock price is above the exercise price. Having described what a call option is, the discussion will now be narrowed down to the question at hand. Now, the investor has a long position in the stock and is interested in hedging against a decline in its price. To do so, the investor can write call option on the stock. If the stock price rises above the exercise price, the option will be exercised and the investor will be required to sell the stock at the exercise price on the maturity date of the call. Since the stock is currently selling at 3375 pence, the exercise price of the option should be stated at 3375. By specifying the exercise price at 3375 pence, the investor has bought a guarantee to sell the stock at 3375. Therefore, even if the option is exercised, the investor will be able to benefit from the call premiums collected for writing the call option. In order to hedge against declines in the price of the stock using a put option, the investor should buy a put option on the stock. The exercise price should be the current price of 3375. A put option will give the investor the right but not the obligation to sell the stock at the exercise price at the end of the year. When the price of the stock is falling, the value of exercising the option will be high. In order for the put option to be exercisable, the price of the stock on the maturity date (that is one year from now) must be below the exercise price. Therefore as the price of the stock is falling, the value of the put option is rising. If the price of the stock happens to rise, then the

Unity of Virtues Essay Example for Free

Unity of Virtues Essay Virtue in its broad meaning is replicating God which is a perfect being but for a moral being it means the habit of being righteous. This also means that virtue is a collection of traits for a being to be morally good. When we consider all the virtues, we can consider how each virtue is related to other virtues. For example, being honest also have an impact on being truthful, trustworthy and other virtues. In this point of view, we can see that virtues are dependent of each other. . Circular unity of virtues is the relation of each virtue to one another and the union of a group of virtue for a human being to be considered good. If one virtue is done, another virtue is also affected. However, this is not applicable to all virtues. It is true that one virtue affects other virtues but not totally all because not all virtues have the same essence and limitations. A good example is that you may be honest but you can also lack generosity at the same time. There are other examples showing that virtues are grouped according to their essence, but cannot be grouped as a whole based on their essence. Circularity of virtues according to Aristotle is having virtues through our own experiences but all normal men tends to the basics of being good. He also stated that being good is dependent on the opinion of each person. Therefore the action of man also states his virtues. This just means that there is no true unity of virtues. We can have a particular virtue but for sure but we cannot have it all because we are just humans and humans are not perfect. We are enclosed to different reasons that unconsciously causes us not to do other virtues. These variables are culture, principle, and experiences. If the standard of being good is having all the virtues then no man is good because we are bounded by our different cultures, principles and experiences which is sometimes a hindrance to other virtues. It is true that there is no unity of virtues but having virtues connected to one another is already a standard to being good. Virtues tends to rely to one another. This just means that being helpful also connects to goodness, generosity and friendliness. You can easily see the relation of each virtue to one another because if you do one virtue it also part of the limitation of the other virtues. Circularity tells us that the virtues we have because of actions we do must not be judged because we all do with our own principles, instinct and knowledge. Virtues we acquire are just part of what we do. In that case to avoid circularity one must only judge in a way that it is meaningful. This also rises the need for moral responsibility which will give rise to molding of your character. Bibliography â€Å"The Ends of Thought. , 2009: Journeys to Philosophys Third Kingdom. † http://endsofthought. blogspot. com/2009/02/aristotle-on-virtue-question-about. html Blackwell Refrence Online. â€Å"The Unity of the Virtues, 2006. † http://www. blackwellreference. com/public/tocnode? id=g9781405115216_chunk_g978140511521625

The Effect of Trade Balance on National Income Growth Essay Example for Free

The Effect of Trade Balance on National Income Growth Essay Every country wants to be Just an exporter of goods and services. But since no man is an island, no matter how much exports a country makes, it still has to import at some point. Using the national income identity, Y = National income or GDP C = Consumption I = gross investment G = Government expenditure X = Exports and, M = Imports. From the equation above, the GDP of a country is dependent on consumption, investment, government spending and net exports. Other variables apart, this paper focuses on how exports and imports affect the GDP. Having a high GDP is the aim of every nation but having the right mix of exports and imports is the problem. Some countries live beyond their means by importing more than they export while some export more than they import.

Customer Oriented E-Commerce Website

Customer Oriented E-Commerce Website Task 1: As a IT Project Manager along with Marketing officer you should visit a company XYZ to propose them to divert all the activities into IT based. Your proposal report should be SMART and must be follow the following criteria: * It should identify the project scope, functionality and consumption resources. * Your proposal should clearly mention the project objective, goal, outcome and time frame. The key Objective of our project is that it is a customer oriented e-commerce website. People can directly purchase without wasting the time. In todays hasty world time is a prime factor. People can directly buy Tshirt stuffs and other clothings with the help of our e-commerce portal. This is completely customer based or we can say B2C i.e, Business to Customer. The latest fashion arrival is available on our website with cheaper prices. GOAL: The Goal of our project is to create an online e-commerce service which is specialised in Tshirt accessories with todays fashion world. We have our own house and some business tie ups with vendors to sell the t-shirt apparels. Phase-2: (Project Planning). Assume that you get this project. IT Manager and Marketing Officer make a plan how the project will complete. Being the project manager (Simran) I have assigned the work to my dedicated team. My team members (Simran, vipul, Amrit, sukhwinder, Rajwinder). Our complete project will be done by the every members effort. The tasks are divided as per the time frame. During the first week of the project we create a complete layout for the project requirements. The design phase will then be conducted during the second week, In design phase we will create two phases one is customer oriented. Customers can view the products and can purchase online. The second phase of design is accessible by the owner of the site. The owner can edit the products, set the prices and also remove the products or we can say any update he can perform via backend operations. The most important phase i.e., data based will be conducted on the third week. The php my admin will be used for this because of its greater flexibility and availability of code m is easier with this. The connectivity will be done in the next session of the week. Therefore, database connectivity will be done in the 4th week. The fifth week will be of our group meeting in which we will thoroughly revised the project between us and discuss with each and every group member. So that we can get to know any pitfall (if it occurs). Thus the feasibility of our project can be obtained. The sixth week is our submission time domain to our client. We will discuss the project with our client . TASK 2(LO 1) 2.1 Create a project description (project description should be distinguish between program, sub project and project. Your proposal of the project should be identifies the following criteria: 2.2 Analysis of the project function which include dependencies, IT resources, manpower, time consumption and total cost. The analysis of our project with respect to dependencies, IT resources, manpower, time consumption and total cost can be defined as below: Dependencies: The project is designed in html, php, css style. The database is stored in XAMPP. IT resources: local host , 4 laptops Manpower: There is a vital role of our entire team behind this project. Contribution of each and every person is reliable and there is manpower of five people is applied for this project. I would like to mention the name of our team members who contributes towards the success of this project. The resource people are: Simran, Vipul, Amrit, Sukhwinder, Rajwinder . Time consumption: The total time consumed for the development of this project is almost 6 weeks. Per week three days are contributed. Each day consist of 8 hours. Total Cost : The total investment for this project is NZD5000 2.3 Develop a Gantt Chart that must include the following information: Task number and task name Time frames for the completion of each task (start and end dates) Float time to mention the time delay probability between each task Add milestone Successor and predecessor(dependencies) Gantt Chart legend 2.4 Analysis the risk factor and contingency plan to avoid the risk during project period. The risk factor for this project may be the hardware get crashed, software may be get corrupted. Lost of data and other important files, People involved in this project may be withdrawal due to their personal issues or may be due to any other reason. The total budget for be project may be detained if investors step back. The contingency plan to avoid the risk during project period are For Hardware crash issue, we will consider the additional laptops and other machine. To avoid the software corruption we will use the valid and updated versions of softwares. 2.5 Distribute role and responsibilities among the group member and set the milestone. Use the Waterfall Model (Requirement Analysis, Design, Programming source code, Testing, Documentation) from software development life cycle to categories your task: Phase-3 (Manage the project) You should Team leader of your group will be responsible for manage the project. TASK-3: (LO 5,2,3) 3.1 Develop your project according to the plan. The project is developed according to the plan. The Plan of our project is discussed as follows: Our project is about the E-Commerce website. We are creating a web portal for E-Commerce. Our client business is related to the garments that specialized with T-shirts and shirts. Our project is completely based upon the requirements of our client. We are creating a online E-Commerce website for this. To meet the challenges of todays scenario of dynamic websites. Our team decided to make this project in HTML, PHP is used for the backend server side programming as its of dynamic nature. We also use local host. And for database we are using PHPMyAdmin. 3.2 Analysis the project status, milestone and project progress rate. 3.3 Make a plan against the project progress and project plan (if any). The project plan is carried out so that each and every aspect of the project could be run out. The strategies are quite simple and up to the point. During the first day we made a pen and paper layout as per the requirements of our client. Then we transformed this into the designing structure. The website design was carried out . We used html, CSS, PHP for backend. The database is designed by using PhpMy Admin. This was done in the 2nd and 3rd week. After this , we implement the design into the running platform and also provide the useful structural approach for this. The next phase of verification of code was conducted. In this phase each code is run separately and tested accordingly. 3.4 Analysis the risk (manpower, resources) and make a project plan so that project can meet the timeframe. The risk factors that affect our project can be resources related and manpower related. The people engaged in the project, they may leave the project due to any reason (it might be their personal etc.) The resources related issue can be caused if any failure may occur that may be related to hardware failure or software failure. Phase- 4 (Test and Review the final project) TASK- 4(LO7) You need to keep records of day to day activity of your project. You will maintain a separate journal in which you will enter these daily activities. These activities will range from non-technical to technical activities. The journal will be maintained on an individual basis. 4.1 Use a Microsoft office software (world/excel) to maintain your journal. Put data and name of the day each separate entry. 4.2 You have to keep a record of the Minutes of Meeting which you have held with your client. Use the following format to record the minutes of all meetings: Project Name Project Manager Team Members Attended Clients Attended Date and Time Minutes 4.3 Create a User Manual document to support your project. This is a separate document. This document will help your client on critical factors, how to use the program and quality of the program. It is necessary to include the following items to complete your user manual: a) User manual cover sheet b) Table of contents c) Introduction d) System requirements/specifications e) List of available functions f) Description of each function detailing the purpose with screen shot and how to use these functions. g) Frequently asked questions (FAQ) h) Index and keywords (Glossary) 4.4 (LO6 and LO7): Prepare a group presentation to demonstrate your project to your client. This will help u=your client to review and propose changes accordingly. Note these proposals as you will making changes to your project after this presentation. Your presentation must cover the following topics: a) Group members introduction b) Project Introduction c) Functions demonstration d) Question and Answers e) Conclusion Each of your group members will be judged for their professional behaviour and actions during the presentation as well as the whole project. You will be judged for. Meeting and greeting: You will be judged on how you meet and greet people related to the project. This will also include your group members. Adopt words like Please and Thank you in your conversation. Avoid words that may be offensive to other people. Appearance: Appearance is an important aspect of this project. You will be assessed on your overall appearance (Avoid casual dressing). Eye contact : Maintain eye contact at all times while delivering your presentation. Organization: You will be appraised on the contribution you have made towards your project. You must always be well prepared and know the progress of your project. Your attendance and punctuality will be a key aspect for this project. Body language: Your gestures and postures while delivering the presentation will be evaluated.