ShantanuT01/DACTYL-Pretraining huggingface dataset:
Introduction This report is a compilation of the aforementioned event’s strategy and plan for the Creative Décor (hereafter referred to as the company). The event involves a design contest that will be held in Brasilia. Creative Décor is a limited company that was started in 2003 in Port Arthur, United States. It is noted that the company started its operations in the printing and design industry but later diversified its products and services portfolio. Moreover, it has globalised its operations and it is currently doing business in more than 15 countries in South America, Europe and Asia. During the event mentioned above, the company will market its new products such as E- paper cards, urban cloths- line, sportswear, and consumer electronics among others. The contest is meant to draw artists, painters, designers, fine art professionals and the general public from all over the world. It is scheduled to take place on December 15 th 2012. All participants will be awarded with new products that the company is currently marketing. On the other hand, all attendees will receive branded ribbons and T- shirts for free and an opportunity to purchase other products from the company at half price. In the report, the author will address the strategic aims of the organisation as far as the event is concerned, the objectives, opportunities and risks associated with the international event. The report will also identify the evaluation methods that will be utilised before and after the event. Recommendations for future events will also be provided. Other areas that will be addressed in the report include the importance of the event to the organisation, the benefits of the event, the marketing and publicity support that are needed for the project, the value of celebrity of endorsement and strategies to attract sponsorships for the event. The Report Strategic Aims The following are some of the strategic aims that will be addressed in the course of planning for this event:  1. The introduction of the company’s products and services into the Brazilian market.  2. The aim to increase the company’s revenue and profitability from the South American region.  3. To enhance consumer experience in the South American region.  4. To locate more investment opportunities in Brazil and other South American markets. The Event’s Objectives and Actions The planning for this event has to address various objectives. Some of the objectives are listed below with their accompanying actions:   * Objective 1 and Action 1 Objective 1 : To gain competitive advantage over players in the Brazilian and other South American markets. The exhibition event will give the company an opportunity to understand the market dynamics in Brasilia. As the company’s representatives interact with the participants in the event, they will gather information concerning the needs that exist in the market and which other companies in the industry have not been able
First of all, it is known that firms and corporations build management teams in order to make the structure of a company strong enough. The competence of the company is the result of learning and searching for better solutions in this or that situation either in domestic affairs or in the market. In this case, “the only enduring source of competitive advantage is the ability to learn” (International Studies of Management & Organization, 1999). Westpac Bank of Australia is a many faceted banking structure, which provides financial services mainly in Western Pacific region and the Australia’s largest bank by its presence on market and the capitalization volumes. Along with NAB, ANZ, and the Commonwealth Bank it is included in ‘big four’ banks of Australia. Ten million customers, 1200 branches, more than 2800 ATMs – Westpac Corporation was evaluated as the most stable bank in the world for five years. The importance of “building control technology” (Commercial Case Study) is implemented in the fact that the company is centrally administered. Westpac Banking Corporation has reached further borders in facilitating the management system of its own. WESTPAC Bank, Australia’s fourth largest lender, announced a 16% rise in annual net profit to A$2.54 billion ([pounds sterling]1.05 billion) and said it was confident about the outlook despite tougher competition. Revenue jumped 15% to A$18.1 billion (The Evening Standard, 2004). The bank tries to deal with many global financial formations to provide the policy of experience exchange and meaning the difficult situation on main market platforms under conditions of crisis. The situation is that the Westpac Corporation strengthens the managerial conditions for the branch managers and ordinary ones within seven Western Pacific countries. “Westpac group head of retail and business banking Peter Hanlon said the cost of funding customer deposits as well as the cost of wholesale borrowings has risen substantially over the past 18 months” (Trading Markets). So the further development of its impact on the Australian economy and on world’s one on the whole is measurable, for it is the largest loaner on the continent. The beginning of the year 2009 was characterized as the critical time in financial world causing some changes in the global trade and financial segment. The activity of global economy seemed at that moment to be declined. So the governmental intervention helped funds and banks to support main branches of their influence. The size of recession is a predominant solution for the stabilization of two major countries economies, Australia and New Zealand. There will be two main impacts. Firstly slower loan growth is expected, in part from lower demand for cre
Introduction The historical closing price of DOW Jones industrial average index is showing significant upward movements in the value. The value of the index has crossed over 20000 points in the year 2017 surpassing all the expectations of market participants, which seemed impossible to most of the financial analysts in 2010 (Ungarino 2016).According to DJI trading data (2017), on 9th November 2017 the index value was closed at 23406. Data inform that after absorbing a steep fall of 1500 points (from 17500 to 16000), in February 2016 the index had been gaining value until it reached to 18000 points, where it remained steady for the next seven months. The second phase of growth has started from 18000 points in November 2016, since then the index value has been increasing at a substantial rate. Unpredictably, the value has increased by more than 5000 points in the last 12 months. Observing this high growth, some analysts are predicting a stock market crash while some financial experts are claiming the index value will continue to gain for the next few months. Using the historical closing price data of the last four years of Dow Jones industrial average, a forecast of the index value on the last trading day of the year 2017 is done to predict the future of Dow Jones. It is projected that the current value of Dow Jones is way beyond the logical supports that shall be adjusted in the value by the end of the year. Exponential Smoothing of Dow Jones Data The value of an index usually does not show any particular trend but the mean value of a time series data changes with the time. It is also difficult to identify seasonal movements from the trading data of an index. Hence, the use of exponential smoothing to forecast the index value would help to measure the accuracy of other time series models. Exponential smoothing is a weighted moving average model in which the weights are reduced exponentially with the time. Figure 1: Exponential smoothing output of closing price. The exponential smoothing (Figure 1) is suggesting that the index is significantly overpriced. And the trend is demonstrating a support at 21000pointeven though the price is now 23461at the moment. The fluctuations in price do not display any seasonal trend rather it has disregarded the seasonal movements which is not a sign of natural growth. A test of hypothesis was conducted to measure the reliability of the outputs of the forecasting. The null hypothesis is rejected at
Different cultures have varyingt perspectives. Some perspectives and attributes can affect the operations and performances of an organization. For example, some cultural practices and attributes can dictate what to do and what not to do. Companies should focus on managing this diversity in people for the betterment of giving a good value to the operations of the company. According to Anca and Vazquez (2007, p. 13), companies should focus on identifying dominant as well as rising values in the people. These values should be enhanced for the betterment of maintaining cohesiveness. This cohesiveness in workplace is vital for organizational performance. Hospitality industry provides a perfect means of effective management of diversity in workplace. This is because this industry attracts employees from diverse backgrounds. This is as opposed to regional companies whose workplace staff is likely to be from one region. Hotels and restaurants are most visible in hospitality industries. The paper looks at ways and means of managing workplace diversity in an international hotel. There also some difficulties that are associated with management of workplace diversity, especially diversity based in culture. There exist a number of benefits accrued out of management of workplace diversity. This paper discusses a number of benefits that are attached to management of workplace cultural diversity in a hotel. Management of this diversity can optimize user experience. It is possible to facilitate exchanges of cultures among people in an organization. Management of this diversity can help in identifying as well as removing barriers associated with equal opportunities. Workplace diversity can enhance team performance and operations of the organization when it is managed well. It can encourage the employees to enhance their talents and provide an opportunity for managers to retain the talents. Holden (2002, p. 95) writes that management of cultural diversity in workplace is the same as managing innovative knowledge. People in the organization have different talents, the same way they have different cultural perspectives. Management of talent ensures that performance of organizational operations is enhanced. In countries such as China, cultural influences on performance are huge (Holden, 2002, p. 158). There are some means of managing this workplace diversity in the organization. Phillip (2006, p. 36) lists some of means as enhancing
Who the organization is Primo smallgoods is an Australian-based organization that deals in the production of bacon, ham, meat-related products, and small goods. (PFG, 2010) It is, therefore, a national organization, although it does supply to other countries throughout the world and actually boasts of a large export market. The company is private in that it is owned by a family and is also run by it. (Primo Smallgoods, 2010a) A number of units are found within this organization and they include distributor warehouses, packaging facilities, industrial plants, and operating abattoirs. Organisational structure Primo smallgoods is headquartered at Homebush Sydney specifically Jessica road Campbellfield. Its CEO is Paul Lederer; the latter individual also happens to be its managing director. Its General Manager is Peter Treneman. (IBID, 2009) A number of organizations are owned by this firm with the most recent and latest one being Hans smallgoods (Irvne, 2009). This was purchased in early 2009 after its Japanese owners decided to sell it off. Other units traditionally associated with the firm are Gold Cob small goods, Acacia Ridge warehouse facility, and Port Wakefield abattoir. The latter company started as a family-owned business and still continues to be run and owned by this family. It, therefore, maintains a simple hierarchical organizational structure. At its very top, is the company CEO who usually works above the CFO and CIO. The latter individuals are then placed in charge of a series of directors and managers of its various business interests. In this category, there’s a sales director who is responsible for all supplies carried out by the company. It also possesses a marketing director who supervisors and thinks up marketing ideas and strategies to keep the company ahead. A human resource director also falls in the same hierarchy as the sales and marketing directors. He is required to handle all matters related to personnel issues within the company. The General manager also falls within this category and his function is to think of new company strategies as well as regulatory affairs that may affect the company. Corporate counsel is mostly responsible for social responsibility and environmental concerns. After this level, the firm has a series of line managers responsible for the day-to-day operations of its plants and other business units. Industry and activities The company’s activities mostly fall in the meat industry, poultry industry, and small goods section. Through continuous investment in technology for the operation, storage, and distribution of its goods, this firm has grown to become a household name. (Primo Smallgoods, 2010b) The company normally engages in the manufacture of its products and in order to do this, it has a number of plants in Queensland, New South Wales, and South Australia. Not only does the latter firm engage in the production of its commodities, bu
“One satisfied customer will tell three other customers while one dissatisfied customer will go out of his/her way to tell 300 hundred other customers” this is a common saying in companies and businesses that deal with a lot of customers, the moral of the saying is that a company has a lot to lose by not ensuring that its customers are satisfied and happy at all times. The customer is king and a satisfied customer will come back begging for more therefore it is paramount that the quality of service delivered is precisely of high quality. This is therefore why companies whether big or small concentrate on satisfying customers and are coming up with innovative customer service/care techniques that leave their customers smiling and begging for more. When creating a customer care service program you should have one aim in your mind quality and satisfaction the role of staff in this process of service delivery is as important as the product itself, and in cases where the products are assumed to be of the same quality across the industry then the way staff treat and interact with customers determines who crosses the finish line in the first position (Kotler and Keller 2002). As much as all customers should be treated the same it is also vita to know it is only fair to you to ensure that the biggest accounts in your business are treated like royalty. Below are some key elements to be considered while developing a leading customer service system: 1. Identify which of your customers is the most valuable to your business then cluster or rank them according to the level of importance to your business. 2. Find out the level of service expected by the customer. This can be obtained through conversations and use of questionnaires, surveys or gathering commercial intelligence from competitors. 3. Develop a customer service standard and programme that aims to maximize customer satisfaction and build loyalty and do not forget to involve employees in this stage. Their involvement creates an obligation for them to perform their duties diligently, at the same time create a system of rewarding excellent customer service and punishing poor customer service delivery amongst employees. 4. Create a monitoring system that will be able to gather the opinions and felling of customers and rank them in order of importance according to the various types of services that you deliver as far as customer service is concerned. Which will assist you in making any corrections to the existing programme and standards if need arises. By understanding the concept of customer care and how customers analyze service delivery to conclude whether a service delivered is either of good or bad quality can be very useful in your case. Below are some indicators of good customer care that you should strive to exhibit in your organization and urge your employees to ensure they adhere to: Friendliness/politeness, Responsiveness, constant communication and feedback mechanisms , acknowledging and taking notice of customers Keeping you promises by letting customers know what you can or cannot do, appreciating customers (Locker & Kienzler 2010).
The four types of plant layouts are line layout, functional layout, location layout and group layout. Line layout This layout is also called product layout and requires equipments to be positioned in one line in the sequence of activities needed for the products. Raw materials are fed into the first machine and moved to the next workstation in a linear motion without deviating from the sequence until the finished goods are obtained in the last machine. This type of layout is fast and cost effective as there is no interruption or congestion (Gupta & Khanka, 2003). Functional layout This layout involves grouping equipments that perform related tasks in one area thus forming various departments. For example, drilling, milling, painting and heating can form different departments and thus the respective machines performing each task are grouped together. However, the departments must be close to each other and operate in sequence. It requires lower capital and all machines are fully utilized as one machine can be assigned several products. Even if one machine breaks, the rest continue performing their tasks (Benjaafar & Sheikhzadeh, 2000). Location layout This layout requires arrangement of the major products in one place and moving the labour and equipments to the location. The work centre is one and surrounded by all the facilities involved. The layout is best for large-scale entrepreneurs because it saves time and cost of transporting labour and goods from one work centre to another (Bhide, 2000). Group layout Group layout combines intermittent process, functional process and the representative process into one. The layout is best for plants that produce products in masses at once without continuity. Group layout is a combination of plant layouts where the industry develops parts and assembles them in one station (Gupta & Khanka, 2003).
Introduction The Army’s ability to procure resources is vital for ensuring that its soldiers can complete their tasks. The theory of constraints (TOC) is a civilian approach to examining and improving the SCM. Moreover, TOC is a continuous process that can be used to determine the constraints that do not allow the supply chain to operate to the best of its capacity. This paper will examine the application of TOC in the Army context. Theory of Constraints in the Army Context Civilian SCM targets profits, which is why both the theory and practice are well developed and allow to balance the cost and quality. According to Marroitt (2017), civilian supply change management companies work in a competitive environment, which requires them to continuously improve their operations and work on quality and cost reduction, unlike the Army’s SCM. One of the theories used by civilian SCM companies is TOC. Under TOC’s principles, each process within the supply chain has a bottleneck that does not allow the procurement to flow smoothly (Naor et al., 2021). By removing these bottlenecks, the supply chain can operate more efficiently, allowing it to deliver goods within shorter deadlines. Under TOC, commercial organizations should aim to maximize long-term profit, and in the case of the Army, this goal can be to ensure that the cost of resources is sustainable. Another benefit of TOC is that it is based on continuous improvement. Hence, even if one bottleneck of the SCM was identified and removed, the organization continues to assess its supply chain to find other constraints and remove those as well (Chawla & Kant). This approach allows to adapt to the changing demands and ensure that best practices are used when supplying the goods. Moreover, Ikexiri et al. (2018) state that the TOC theory itself is undergoing continuous improvement. Therefore, the application of TOC allows to ensures that SCM practices are up to date. One of the principles that guide the TOC is that “a system’s constraint(s) determine its output” (Chawla & Kant, 2017, p. 366). This means that the bottlenecks affect the final result from a particular supply chain. Another aspect of TOC is its applicability towards potential policy constraints, which in many cases are the root cause of a bottleneck (Chawla & Kant, 2017). In the case of the Army, the need to adhere to standards is vital. However, there is a potential of improving the SCM by removing the policies that create unnecessary barriers for procurement. Thus, TOC allows identifying different types of barriers, including physical and policy-related. Conclusion In summary, this paper examines the TOC as a potential way of enhancing the military supply chain. This theory implies that in each supply chain, there is a bottleneck that causes the other processes to be problematic. Hence, by applying the TOC principles, one can examine each chain of the SCM and determine potential hazards. Moreover, TOC allows examining different types of physical and non-physical barriers.
In countries where patriarchal society or government is deeply rooted, single mothers who are either by choice, widowed, divorced, or unmarried are stigmatized and judged harshly. Despite financial independence and education empowering many women, Indian society is not ready to accept single parents. They are always blamed for failed marriages which is very stressful and emotionally draining. The patriarchal society has made Sakuntala the carrier and preserver of tradition. The natural desires and instincts of Sakuntala are forfeited together with her individuality to preserve and honor the codes of culture and practice (Shakuntala, 2021). Culture bonded Sakuntala’s identity within the confinement of family decency and morality. Being a single parent, Sakuntala is forced to stay in the forest because of the male-dominated society (Shakuntala, 2021). She is rejected and humiliated by the patriarchal society, making it hard to raise her son. Single parenting in India is very challenging, although there are various services that the changing community is providing single parents with. A single-parent network is a union that helps single parents understand each other in India (Support for single parents, 2021). Single parenting is made easy because the network of single parents supports each other in many ways. A similar network is present in my hometown, and it helps single parents guide each other on the various issues affecting them and their children. Some organizations offer emotional and financial assistance for single parents in India. They provide free counseling to single parents and motivate them in various ways, such as monitoring their children’s growth at home and school (Support for single parents, 2021). In my hometown, organizations such as “Let’s develop society” and “All women group” aid in helping single parents through the provision of therapists.