Tuesday, March 17, 2020
Conflict in Society Essay Example
Conflict in Society Essay Example Conflict in Society Essay Conflict in Society Essay On top of that, it can be argued by functionalist sociologists that society tends towards consensus and it is vital in the upbringing of any society. It is argued that conflict in society is not desirable as it destroys consensus, yet change is a must. Therefore, wholesale change is rejected but minor changes are tolerated in the functionalist point of view. This relates to culture in many ways as culture tends towards consensus. It(culture) must be agreed upon by various members of society if it is to be implemented. As example, pre-maritial sex is frowned upon in todays different levels of society [s5]and it has to be of a unanimous decision by society to condemn such behavior. But on the other hand, it is also true that change is needed in cultures of society, as example, dating among teenagers. It was almost a taboo back in the golden days for teenagers to date, but along with time, cultures will change as well, in an effort to gain stability and these days dating among teenagers is a common thing as well as understood among the various members of society. Francois de la Rochefoucauld (1680) quotes that the only constant in life is change and culture in society changes along with the advancement of mankind, so that they are not considered out-of-date and anachronous. Functionalists argue that the main institutional groupings play a tremendous role in determining the culture of society. These, as example include economic, politics, family and kinship, as well as media. Economic growth plays a role as well because it affects the way certain societies think and how they run their everyday lives. As example, the poor economy in Third- world countries such as Afghanistan has forced them to accept the growth of poppy plants, which is used to create cocaine AS an economic byproduct, even when it is a country governed by Muslim leaders who strongly oppose drugs. Politics affect culture as well because certain political parties will affect the lifestyles and culture of the people under the ruling party. A good example that we can use here is the differences between ruling parties in Malaysia, PAS, which is of an Islamic ideology[s6] does not allow material entertainment such as theaters and pubs in the states under their influence. This in hand, causes the teenagers living in these states to find other methods of escaping the stress and their teenage angst, causing them to experiment with drugs, devil worshipping, random sex and even membership into gangs. Furthermore, another example is the legalisationlegalization of prostitution in Singapore. This in hand, has successfully reduced the number of rape cases in Singapore as the culture of sex is no more a taboo and those who cannot find any other way of releasing their sexual stress before, can now. Although controversial, it has proved to have curbed the rape cases in Singapore and produced a safer environment. Conflict theorists such as Karl Marx argue that that economic inequality is at the heart of all societies[s7].. In short, some people will have more than their fair share of a societys economic resources (money) and others will consequently have less than their fair share. This, according to Marxists, will create a variety of new ideas, such as giving people new ideas of gaining wealth and making sure that the most qualified people are doing the important jobs. example, when a candidate for an interview of equal capability is forced to compete with other candidates, he has to innovate a new style or flair to stand out from the others. Moreover, MarxiansMarxians argue that the end product of economic organisation and inequality is common values. Marxist Conflict theorists argue that all modern societies consist of the common appeareance of a stable culture, which is actually masks the reality of all the competing forms. They argue that every society consists of social classes made up by terms of whether they own or do not own htethe means of ecnomiceconomic production and that ultimately, there only are two classes that make up the bundle of society, the bourgeoisie and the proletariat.
Saturday, February 29, 2020
Cash payment made on quarterly or semiannual basic by company to its shareholders.
The dividend decision is important because it affects the amount of internally sourced finance available and also affects the return received by shareholders on the shares. Once the company decided to pay dividends, they may establish a somewhat permanent dividend policy, which may show the impact of the investors and the financial markets. Establishing a specific dividend policy is to the advantage of both the company and the shareholder. The distribution of dividends requires the approval of the board of directors and paid out to shareholders a few weeks later. There are several dates between the times the board declares the dividend until the dividend is actually paid. The first date of note is the declaration date which the board of director declares the time or date is announced. The next date of note is ex-dividend date which time investors must have bought the stock to receive the dividend. The investor, who buying the stock after ex-dividend date is not receiving any dividend , record date, is a few days after the ex-dividend date the company close its stock transfer books and make up a list of the shareholder, who will receive the dividend. The final step is payment date which the checks of dividend will send to the shareholders. There are different types of dividend, which are cash or as additional stock which increase the number of shares outstanding and generally reduce the price per share, regular dividend which is paid at regular intervals, or a special dividend which is paid in addition to regular dividend and liquidating dividend which are excess of the retained earning they show on their book. There exist four main types of dividend policy theories Modigliani and Miller (1961) dividend Irrelevancy theory, Linter and Gordon (bird-in-the-hand) Theory, Signalling properties of dividend and clientele effect. Is the companyââ¬â¢s dividend policy irrelevant to its market value? One of the financial theorists (Miller and Modigliani, 1961) provides a proposition for dividend policy irrelevance. They assume that perfect capital markets, meaning no taxes or transaction costs exist, the market price has many buyer or seller, and there is costless and feely access to information. Modigliani and Miller state that dividend policy was not one of the determinants of share price .Share value is independent of the level of dividend paid. A firm pay dividend is irrelevant and those stockholders are indifferent about receiving dividend. For example, from the aspect of investor, that the company paid too big dividend, investor could buy more share with the dividend that is over the investorââ¬â¢s expectations. Similarly if the company paid too little dividend, an investor could sell some of the companyââ¬â¢s share to reflect the cash flow their expected. Market value of company its cost of capital is independent of its capital structure. According to their argument dividend policy is unaffected and irrelevance of market share price .Should the company pay out to its shareholders or retain that money to make new project. Modigliani and Millerââ¬â¢s dividend-irrelevance theory says that investors can affect their return on a stock regardless of the stockââ¬â¢s dividend Residual Policy Modigliani and Miller argued that financial objective is maximise shareholder wealth when the share price is maximised. Shareholders are indifferent between dividends and capital gain. Company is used M M Residual dividend policy when a company undertake all positive NPV project and paid out the residual as dividend. Alternatively a company with not enough funds to invest new project, paid no dividend and the additional funds can obtain from outside sources. They were arguing that if company followed the best investment policy the value of company is irrelevance to its dividend policy. They also argue that shareholders are also indifferent to the timing of dividend payment because if there were no dividends the market value of company would increase to reflect as future dividend and share price is also increasing resulting from the returns of investment. A dividend policy is irrelevant because shareholders have the ability to create ââ¬Å"homemadeâ⬠dividends that mean that ca pital gain is not perfect suitable for dividend in cash flow terms. This income is achieved by individuals adjusting their personal portfolios to reflect their own preferences. For example some shareholders prefer to get steady of income are more likely to invest in bonds, which interest payment donââ¬â¢t change ,rather than dividend ââ¬âpaying stock, which value can fluctuate. Bird-in-the-hand On the other hands, Lintner (1962) and Gordon (1963) believe that company dividend policies are relevant to their share price. Under conditions of uncertainty and imperfect capital market ,he argued ââ¬Å"bird-in-the-handâ⬠theory that investor can reduce the financial risk associated with their investment if the return is received in the form of dividend earlier, rather than capital gain or higher dividends later. On this analysis, current dividend represent less risky than future capital gain. Therefore, company paying higher dividend will be more worth than company paying lower dividend. Dividend policy is one of the importance factors of determining share price. Gorden argued that the payment of current dividends ââ¬Å"determine investor uncertaintyâ⬠. The key assumption, as argued by Lintner and Gordon, is that because of the less risky nature dividends, shareholders and investors will discount the firmââ¬â¢s dividend stream at a lower rate of return, ââ¬Å"râ⠬ , thus increasing the value of the firmââ¬â¢s shares. According to dividend growth model, the value of an ordinary share, Po is given by: Po=D1/(r-g) Where the constant dividend growth rate is denoted by g, r is the investorââ¬â¢s required rate of return and D1, represent the next dividend payments. Thus the lower r is in relation to the value of dividend payment D1, the greater the shareââ¬â¢s value. In the investorââ¬â¢s view, according to Linter and Gordon, r the return from the dividend, is less risky than the future growth rate g. http://www.oppapers.com/eassys/Bird-In-Hand/536314 Signalling effect of dividend This theory argued that financial information is asymmetric and managers will always know more than shareholders about the future financial prospects of the company. The dividend declared can be interpreted as a signal from directors to shareholders about the strength of underlying project cash flows. Increasing dividend is usually seen as good news, indicating that the company has positive prospects. The theory of dividend signalling has usually refers to a cash distribution of retain earnings. http://www.jstor.org/pss/2328393 Reference Watson, D. and Head, A. (2010) Corporate finance Principles Practice.5th edition. Essex: Pearson Education Limited. Cash payment made on quarterly or semiannual basic by company to its shareholders. The dividend decision is important because it affects the amount of internally sourced finance available and also affects the return received by shareholders on the shares. Once the company decided to pay dividends, they may establish a somewhat permanent dividend policy, which may show the impact of the investors and the financial markets. Establishing a specific dividend policy is to the advantage of both the company and the shareholder. The distribution of dividends requires the approval of the board of directors and paid out to shareholders a few weeks later. There are several dates between the times the board declares the dividend until the dividend is actually paid. The first date of note is the declaration date which the board of director declares the time or date is announced. The next date of note is ex-dividend date which time investors must have bought the stock to receive the dividend. The investor, who buying the stock after ex-dividend date is not receiving any dividend , record date, is a few days after the ex-dividend date the company close its stock transfer books and make up a list of the shareholder, who will receive the dividend. The final step is payment date which the checks of dividend will send to the shareholders. There are different types of dividend, which are cash or as additional stock which increase the number of shares outstanding and generally reduce the price per share, regular dividend which is paid at regular intervals, or a special dividend which is paid in addition to regular dividend and liquidating dividend which are excess of the retained earning they show on their book. There exist four main types of dividend policy theories Modigliani and Miller (1961) dividend Irrelevancy theory, Linter and Gordon (bird-in-the-hand) Theory, Signalling properties of dividend and clientele effect. Is the companyââ¬â¢s dividend policy irrelevant to its market value? One of the financial theorists (Miller and Modigliani, 1961) provides a proposition for dividend policy irrelevance. They assume that perfect capital markets, meaning no taxes or transaction costs exist, the market price has many buyer or seller, and there is costless and feely access to information. Modigliani and Miller state that dividend policy was not one of the determinants of share price .Share value is independent of the level of dividend paid. A firm pay dividend is irrelevant and those stockholders are indifferent about receiving dividend. For example, from the aspect of investor, that the company paid too big dividend, investor could buy more share with the dividend that is over the investorââ¬â¢s expectations. Similarly if the company paid too little dividend, an investor could sell some of the companyââ¬â¢s share to reflect the cash flow their expected. Market value of company its cost of capital is independent of its capital structure. According to their argument dividend policy is unaffected and irrelevance of market share price .Should the company pay out to its shareholders or retain that money to make new project. Modigliani and Millerââ¬â¢s dividend-irrelevance theory says that investors can affect their return on a stock regardless of the stockââ¬â¢s dividend Residual Policy Modigliani and Miller argued that financial objective is maximise shareholder wealth when the share price is maximised. Shareholders are indifferent between dividends and capital gain. Company is used M M Residual dividend policy when a company undertake all positive NPV project and paid out the residual as dividend. Alternatively a company with not enough funds to invest new project, paid no dividend and the additional funds can obtain from outside sources. They were arguing that if company followed the best investment policy the value of company is irrelevance to its dividend policy. They also argue that shareholders are also indifferent to the timing of dividend payment because if there were no dividends the market value of company would increase to reflect as future dividend and share price is also increasing resulting from the returns of investment. A dividend policy is irrelevant because shareholders have the ability to create ââ¬Å"homemadeâ⬠dividends that mean that ca pital gain is not perfect suitable for dividend in cash flow terms. This income is achieved by individuals adjusting their personal portfolios to reflect their own preferences. For example some shareholders prefer to get steady of income are more likely to invest in bonds, which interest payment donââ¬â¢t change ,rather than dividend ââ¬âpaying stock, which value can fluctuate. Bird-in-the-hand On the other hands, Lintner (1962) and Gordon (1963) believe that company dividend policies are relevant to their share price. Under conditions of uncertainty and imperfect capital market ,he argued ââ¬Å"bird-in-the-handâ⬠theory that investor can reduce the financial risk associated with their investment if the return is received in the form of dividend earlier, rather than capital gain or higher dividends later. On this analysis, current dividend represent less risky than future capital gain. Therefore, company paying higher dividend will be more worth than company paying lower dividend. Dividend policy is one of the importance factors of determining share price. Gorden argued that the payment of current dividends ââ¬Å"determine investor uncertaintyâ⬠. The key assumption, as argued by Lintner and Gordon, is that because of the less risky nature dividends, shareholders and investors will discount the firmââ¬â¢s dividend stream at a lower rate of return, ââ¬Å"râ⠬ , thus increasing the value of the firmââ¬â¢s shares. According to dividend growth model, the value of an ordinary share, Po is given by: Po=D1/(r-g) Where the constant dividend growth rate is denoted by g, r is the investorââ¬â¢s required rate of return and D1, represent the next dividend payments. Thus the lower r is in relation to the value of dividend payment D1, the greater the shareââ¬â¢s value. In the investorââ¬â¢s view, according to Linter and Gordon, r the return from the dividend, is less risky than the future growth rate g. http://www.oppapers.com/eassys/Bird-In-Hand/536314 Signalling effect of dividend This theory argued that financial information is asymmetric and managers will always know more than shareholders about the future financial prospects of the company. The dividend declared can be interpreted as a signal from directors to shareholders about the strength of underlying project cash flows. Increasing dividend is usually seen as good news, indicating that the company has positive prospects. The theory of dividend signalling has usually refers to a cash distribution of retain earnings. http://www.jstor.org/pss/2328393 Reference Watson, D. and Head, A. (2010) Corporate finance Principles Practice.5th edition. Essex: Pearson Education Limited.
Thursday, February 13, 2020
Summary of On Racist Speech Essay Example | Topics and Well Written Essays - 500 words
Summary of On Racist Speech - Essay Example Unfortunately universities have not been able to provide black and other minority students the protection which the Constitution guarantees them. Racism or racist speech is only tackled when it takes the form of face to face harassment or assaulting speech or acts on an individual or small group of persons. The Supreme Court has held that words which " by their very utterance inflict injury or tend to incite an immediate breach of the peace" are not protected by the First Amendment. Blacks and minorities have to be given recourse to the same education, facilities and security all over the campus from every form of racism, harassment, pain, injury and suffering. Against the backdrop of democracy, we should be sure to strike a balance with our concern, for free flow of ideas and the democratic process dependent on that flow and our desire to further the cause of equality. We have to recognize the fact that racial speech inflicts real harm and then with an equal commitment to equality and free speech can we come to some reconciliation. Debating and arguing we risk making the First Amendment an instrument of domination rather than a vehicle of liberation. Courts have, for example, exempted from the protection of the First Amendment obscene speech, speech that disseminates, official secrets, that defames or libels another person, or that is used to form
Saturday, February 1, 2020
Tikopia of Melanesia Research Paper Example | Topics and Well Written Essays - 1000 words
Tikopia of Melanesia - Research Paper Example CONCLUSION: A summary of key points 1.0 Introduction: Tikopia of Melanesia Tikopia of Melanesia is known to have gone through so many changes in society. The ââ¬ËTicopiaââ¬â¢ was an expression that the people of Solomon Islands used to make themselves distinctive from other people from neighboring islands, as a result forming the Tikopia community. From the past decade to the present, the communitiesââ¬â¢ culture remains unchanged, thus, portraying an interesting deal of information to be learnt about their way of life and work. Agriculture is their main means of subsistence, the tropical climate favoring the people to get good agricultural produce. They can be referred to as the emerging agriculturalists or horticulturalists. The Tikopia live on the island of Tikopia, which is in the Southwestern Pacific Ocean. From about half a century ago, the population of the Tikopia had grown dramatically, a factor that caused anxiety and concern among its leaders, there was the fear o f food shortages. As a result of this, they had to look for a solution on ways to control population growth. The community practiced some zero population measures which included warfare, sea voyaging and celibacy. These reduced their population and it is a good example of a reproduction policy (Nowak & Laid, 2010). This will form the basis of discussion in this paper. Thesis Statement: The Tikopia are a cultural group with unique kinship and reproductive practices aimed at promoting their idea of zero population growth and changes in the society so as to ensure survivability. 1.1 Subsistence Practices: The Tikopia of Melanesia practice precise techniques of agriculture. They are mainly Horticulturalists who rely on water from the sea for planting their main diet, however, on few cases they substitute fishing as part of their diet. The community is located near a sea that provides a wide variety of fish including shell fish. The Tikopia normally look for dried swamps and clear forest s, which usually provides them with trade routes and markets. The community does practice an intensive system of agriculture which has features of a perm-culture. The agricultural practices of the community depend on the density of the population, in the thick populated areas, some people practice fishing and pig rearing while others practice forest gardening. The foods that they grow include coconut, vegetables and yams which thrive best in the tropical environment, therefore, high yields of great quantity of foods are achieved. The access that the group has over empty land gives them control over a lot of resources. The Tikopia also incorporate technology into their subsistence practices. This is by practicing flood control, irrigation and terraces. In addition to this, technology has assisted the community in building roads, bridges and ports. Technology also allows the community to have control over their production and distribution (Nowak & Laird, 2010). à In the Tikopia soci ety, it is mostly men who do all the hard work such as building fences, clearing forests and planting processes. The women prepare food and take care of children. Both men and women play key roles in their societyââ¬â¢s subsistence practices. The community uses redistribution and exchange of balanced reciprocals to ensure that their goods and services are transported. Balanced reciprocals exchange refers to an agreement where there is return of an item, which is equivalent to another item or one with a greater value. Redistribution refers to a tribute, an individualââ¬â¢
Friday, January 24, 2020
Philosophy of Education :: Philosophy of Teaching Statement
Philosophy of Education On October 20, 2001 I had the greatest dream. From this dream, I came to the realization that I would become an educator. Iââ¬â¢ve always felt that the hardest decision to make is what to do for the rest of your life. My life was heading on a different road in a completely different direction. After being down this road for nearly three years, I discovered that I was not satisfied with my initial career choice. The road led me to Concord College. My educational plan is to graduate with a Bachelor of Science degree in Education with a concentration in Early Childhood Special Education. I have a six year old daughter and a four year old son, that gave me complete inspiration for deciding on this field of study. Once both of my children are in school I plan to work towards my Masters in Education with a concentration in Reading. While at Concord this semester, I have several courses, outside of education, in which I have incorporated my passion for education. Upon graduation I will substitute teach for the Mercer County School System until I am offered a full-time position or until I begin my graduate studies. I hope to be placed in a preschool or kindergarten class because I feel that this is where it all begins and I want to be a part of their first formal learning experience. I have been placed in seven Mercer County Schools for field placements. I have had positive experiences at all the placements. I have seen how wonderfully a school has embraced an ââ¬Å"openâ⬠school environment and overcame many obstacles that stem from this type of school. I have seen how standardized testing in the school system, puts a great deal of pressure on the teachers to make sure the students know their material well enough to move to the next level. These tests also put pressure on the students to do well. I have experienced how to modify your lessons to fit every student in the classroom.
Wednesday, January 15, 2020
Analysis Swot Tows and Financial Herman Miller
Financial Ratios and Analysis of Herman Miller Liquidity Ratios Liquidity ratios for a company help whomever is analyzing the data determine the companyââ¬â¢s liquidity. When a company has good liquidity they are able to pay off their short term debt without having to take out any additional financing. We will look at Herman Millerââ¬â¢s current ratio for 2009 and 2010. The current ratio is calculated by taking the companyââ¬â¢s current assets and dividing it by the current liabilities. It shows how many times the current assets can cover the current liabilities. 2009 current ratio | 2010 current ratio | 50. 9/282. 2= 1. 597| 394. 7/313= 1. 261| Herman millerââ¬â¢s current ratio in 2009 of 1. 597 shows they have approximately $1. 60 of current assets to ever $1. 00 in current liabilities. In 2010 they had $1. 26 of current assets to ever $1. 00 of current liabilities. This is a bit of a drop from 2009 to 2010. With the ideal point for the current ratio being above 1. 0; Herman Miller can cover their short term debt without any financing but, the ratio is still mediocre. Debt Management Ratios Debt management ratios show to what extent a company uses borrowed funds to finance its operations.These ratios are important to a company because creditors use them to determine the riskiness of the companyââ¬â¢s financial position. Using the debt ratio we can determine how much of Herman Millerââ¬â¢s assets are provided through debt. The debt ratio is found by taking the companyââ¬â¢s total debt and dividing it by the total assets of the company. Here is the debt ratio for 2009 and 2010 Debt Ratio 2009| Debt Ratio 2010| 759. 3/767. 3= . 99| 690. 5/770. 6= . 896| From the debt ratio we can tell that Herman Miller has nearly as much debt as assets in 2009. This could shy away some creditors.In 2010 they improved y about 10% which really helps their potential ability to gain more financing from creditors. With ideal ratio being below 1 Herman Miller is ok here but far from good. Profitability Ratios Profitability ratios are used to determine how profitable a company is during a specific period of time. These ratios are important because most investors will look at them when deciding whether or not to take stake in your company. High profitability shows that your company is strong financially, and, can also show that your company is growing. We will look at the return on assets ratio for Herman Miller.The ROA is found by taking the net income an d dividing it by the total assets of the company. The ROA shows how well a company can turn the money it has to invest into net income. Here is the Herman Millerââ¬â¢s ROA for 2009 and 2010 ROA 2009 | ROA 2010 | 68. 0/767. 3= 8. 86%| 28. 3/770. 6= 3. 67%| Herman Miller has pretty good ROA considering the industry they are in. according to statistics posted by Fortune 500 on money. cnn. com Herman miller was one of the few profitable companies in their industry with many of the top competitors losing money from 2007-2009. So looking at the industry this is a strong ROA. http://money. cnn. com/magazines/fortune/fortune500/2009/industries/216/index. html)SWOT Analysis Strength The first strength we will talk about is that Herman Miller is a profitable organization. In the two years that we looked at (2009 & 2010) Herman Miller had a positive ROA. This shows that even during the harsh economic times in the United States over the last four years Herman Miller has managed to make a pro fit where a lot of their competition struggled. Another strength that Herman Miller has is its management. The best example of this being a strength is the fact that Herman Millers top executives are illing to take pay cuts before the general workforce in 2009 they took a 10% cut in January and another 10% in march when they cut all other employees 10%. Showing your workforce that you are willing to make the sacrifices to stay employed before they bottom of the totem pole makes the employees feel appreciated and more willing to go along with a pay cut when necessary. The third strength we recognized is that Herman Miller creates an empowered and positive workforce. Employees at Herman Miller feel empowered they have no problem telling a supervisor that they are breaking the rules and also feel like they can make some decisions.Empowering your workforce even just a little boosts morale and makes workers feel like they are important to the company. This in The last strength we will me ntion is Herman Millerââ¬â¢s production. Herman Miller implements the process of lean manufacturing. They call their process the ââ¬Å"Herman Miller Performance Systemâ⬠. They maintain efficiencies and cost savings by minimizing the amount of inventory on hand by using ââ¬Å"just in timeâ⬠inventory process in the case they mention that some suppliers deliver to Herman Miller multiple times daily. Weaknesses The first weakness would be how close their debt ratio is to 1.Having such high debt ratio could chase away creditors. When you have a small amount of creditors to choose from then you lose the power to choose between different creditors depending on interest rates and other variables. This could greatly increase things like interest expense. Another weakness Herman Miller might have is also a strength. The manufacturing strategy and using just in time inventory can be very efficient but, it can sometimes create problems. If a supplier ran out of material or some other type of crisis could cause Herman Miller to lose out on orders and in relation lose out on sales.The third weakness is their participative management style. Although this could be considered a strength if this style isnââ¬â¢t used appropriately it could affect the company in a bad way. If managers take too much time making decisions because they want to have their employees participate in all decisions then it is extremely difficult to make the quick decision when needed. Sometimes in business managers need to make this quick decision and, with participative management if made fully participative some employees may feel different emotions about a decision being made without them knowing it was being made.The last weakness is they are in somewhat of a specialty market during a harsh economy. Being the manufacturer of high end office furniture during a recession is a big weakness when it comes to growth. Not many consumers are looking for high end products right now although they are still profitable with the strategy they have it could take a serious downturn if things were to get worse. Opportunities One opportunity that Herman Miller has is to become totally green. This means having next to no waste and using renewable resources.Herman miller has been working a little bit towards this in the past years. With the demand of environmentally friendly products on the rise this would open up the opportunity to break into and dominate a new market segment. Another opportunity is the increased amount of time spent by people in front of their computers. This is an opportunity because it opens up the idea of making ergonomically superior office furniture that would make the consumers time in front of their computer more comfortable and reduce the risk of injury. The third opportunity is the growth in the Mexican economy.With the Mexican economy rapidly growing this opens up a whole new country that Herman Miller could potentially do business in. the possibilit y of a whole new demographic of customers along with the possibility of opening a new location. The last opportunity Is the rising demand of senior housing in the United States. The baby boomers are getting older every year and with senior housing overflowing all over the US there will be more housing opening. These housing centers will need office furniture along with household furniture to furnish the units. Threats The first threat we will mention is the rise in telecommuting.With more and more people and business using telecommuting the demand for office furniture will see a hit. This could potentially hurt the sales for Herman Miller. Another threat is the possibility of new entrants in the market from overseas. Having international competitors enter the market can really hurt Herman Miller because of their ability to obtain low cost material while still creating a quality product. The third threat is the possibility of another economic downturn. With the economy on the downsid e right now Herman Miller is remaining profitable but would they be able to take an even harsher recession.The last threat is the shortage of skilled workers in the US. With skilled workers declining steadily in the US it is starting to effect manufacturing companies. Without skilled workers you have a higher turnover rate and longer training periods. This will boost up cost and will lose Herman Miller money in the long run.TOWS Analysis Strengths and Opportunities Herman Millerââ¬â¢s strength of an empowered good willed workforce could help them take advantage of the opportunity of the growing senior housing demand.With a workforce that is happy and willing to work they would have no problem taking on the extra hours and work needed to keep up with the added demand. Another strength that Herman Miller could use to take advantage of an opportunity is their production strategy would work well with the opportunity of a growing economy in Mexico. Using their production strategy and opening a new location in Mexico could help them benefit from the rapid growth of the Mexican economy. Strengths and Threats The strength of having empowered and good willed employees could help with the threat of declining skilled workers in the US.If the employees you get that are skilled are less likely to leave you company if they feel empowered and enjoy working there. This will lower your turnover rate and your demand for more skilled workers. Another strength that Herman Miller has is their management willing to take pay cuts. This could help during the threat of an economic downturn. During economic downturn most companies need to cut cost for the decrease in demand of their product having top executives take 10-20% pay cuts really helps the cost cutting process and, could be the difference between going under and staying afloat during a recession.Weaknesses and Opportunities A weakness for Herman Miller is operating in a high end market during a harsh economy. They could op en up a new location in Mexico where the economy is booming to help balance the loss of demand in the United States. With a dollar going a lot further in Mexico than it does in the US having a plant there would be more beneficial than exporting their goods from the United States. Using the same weakness Herman Miller could break into the rise of senior housing demand.Even with the economy being in a recession there are still customers that want your product itââ¬â¢s just a matter of getting the contracts and, having the willingness to make a product that suits the customersââ¬â¢ needs and wants. Weaknesses and Threats Herman miller has some weaknesses and threats that a related the goal is to turn them into opportunities and strengths. Every company tries to do this and the successful companies are good at it. Herman Miller needs to use their strengths as a counter when they see a weakness or a threat arise. They have done a good job at it thus far and will continue to stay a profitable company in the future.
Tuesday, January 7, 2020
Sexual Addiction Among Christians And Sexual Abuse
The world is full of men and women addicted to sex in some way, either through pornography, masturbation, adultery, rape, and even child molesters. A person is constantly being bombarded with sexual content. It is nearly impossible to surf the internet without coming across some kind of sexually explicit content. Sex is everywhere and it is no longer hard for anyone to get access to content that no one should be looking at. ââ¬Å"Healing the wounds of Sexual Addiction is my attempt to examine and address the issue of sexual addiction among Christians. We will expose these secret sins to the light of the gospel and out best psychological understandingâ⬠(Laaser 2004, 15). The author, Laaser, has a deep desire to see everyone free from the disease of sexual addictions. It is also, his strongest belief that people can be set free because he is free from the disease. This book is all about addressing sexual sins, bringing them into the light, and then finding hope in honesty and t ruth. The world is full of sexual problems and Laaser believes that the people with sexual addictions can be free if a person follows the steps in his book Healing the Wounds of Sexual Addictions. Does the Author Approach the Subject with a Biases? The author does have a very interesting biases. In his past, he was addicted to sex. He was in a church as a pastor, a counselor, and a devoted member to the church. To the world, he and his family seemed normal and as if everything was good but in reality he wasShow MoreRelatedAddiction And Substance Abuse Is A Serious Problem Among Teenagers806 Words à |à 4 PagesAddiction and substance abuse is a serious problem among teenagers. Teenagers begin abusing drugs because of peer pressure, or abuse in their life. Any type of drugs can be abused including over the counter medications. Since teenagerââ¬â¢s brain is still growing any type of substance abuse can cause serious harm. The most abused drug is alcohol. 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In Ghana ââ¬â West Africa ââ¬â for example, during the naming ceremony of a newborn, the baby is given a drop of alcohol and
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