Chapter Practice

QuestionAnswerthe pattern towards overall markets makes it simpler to anticipate where contenders will jump up. valid or false?falsebecause numerous nations are putting resources into nations other than their own, every nation is getting progressively self-sufficient and free. valid or false?falsean bit of leeway of global development is that opposition inside outside nations is commonly fundamentally the same as that of the US. valid or false?falseIn michael watchman's â€Å"diamond of serious advantage† there are 4 expansive qualities that, as a framework, comprise a country's intensity in an industry. valid or false?truethe factor gifts of a nation are acquired and can't be made. valid or false?falsewith respect to factor conditions the pool of assets that a firm has is significantly more significant than the speed and proficiency with which these assets are conveyed. valid or false?falsedemanding residential customers will in general push firms to push forward of organizat ions in different nations where shoppers are not so much requesting but rather more smug. valid or false?truehigh levels of natural mindfulness in Denmark have prompted a decrease in Denmark's modern intensity in the global commercial center. valid or false?falsecountries with a solid provider base advantage by adding proficiency to upstream exercises. valid or false?truetypically, extraordinary competition in local markets doesn't compel firms to look outside their national limits for new markets. valid or false?falsemany universal firms are expanding their endeavors to advertise their items and administrations to nations, for example, India and China as the positions of their working class keep on expanding. valid or false?trueinternational development can expand the existence pattern of an item that is in its development stage in an association's nation of origin. valid or false?truean preferred position of worldwide extension is that it can empower a firm to streamline the area of each action in its worth chain. valid or false?truethe laws, and the implementation of laws, related with the assurance of protected innovation rights, speak to a noteworthy cash and the board hazard to worldwide firms. valid or false?falsedifferences in remote markets, for example, culture, language, and customs can speak to noteworthy administration dangers when firms enter outside business sectors. valid or false?trueoffshoring happens when a firm chooses to move an action that they were formerly acting in a residential area to a remote area. valid or false?true2 restricting weights that directors face when they contend in remote markets are cost decrease and adaption to neighborhood markets. valid or false?truetheodore levitt has contended that individuals around the globe are happy to forfeit inclinations in item highlights, capacities, and plan on the off chance that they are offered lower costs and high caliber. valid or false?trueamong theordore levitt's presumptions that would support a worldwide system is that customers around the globe are getting less value delicate. valid or false?falsewithin an overall market, the best procedures are neither simply multidomestic nor absolutely worldwide. valid or false?trueindustries in which relatively more worth is included upstream exercises are bound to profit by a worldwide methodology than those in which more worth is included downstream. valid or false?truein a worldwide system a firm works every one of its organizations under a solitary basic procedure paying little mind to area. valid or false?truea multidomestic methodology is the most fitting procedure for global activities since it drives economies of scale beyond what many would consider possible and gives a widely appealing item speaking to the biggest number of purchasers in each market. t or f?falsethe need to accomplish economies of scale urges worldwide firms to work under a multidomestic methodology. valid or false?falsecorporations with var ious outside tasks that demonstration autonomously of each other are following a multidomestic system. valid or false?truea multidomestic system would probably incorporate the utilization of high volume, unified creation offices to augment economies of scale. valid or false?falsea restriction of a multidomestic procedure is that it might prompt overadaptation as conditions change. valid or false?truemultinational firms following a transnational system endeavor to upgrade the tradeoffs related with effectiveness, nearby adjustment, and learning. valid or false?truea key precept of transnational system is improved adjustment to every single serious circumstance just as adaptability by exploiting correspondence and information streams all through the association. valid or falsetrueaccording to concentrates by Rugman and Verbeke, the vast majority of the world's 500 firms are worldwide not provincial or biregional. valid or false?falsea establishment by and large terminates following a couple of years while a permit is intended to last into interminability. valid or false?falsetypically joint endeavors include less control and hazard than diversifying. valid or false?falsetypically the best strategy for section into an outside market is the foundation of a completely claimed remote auxiliary with the goal that the parent association can keep up an elevated level of control. valid or false?falsea significant pattern in universal improvements include:greater worldwide exchange and tasks, developing acknowledgment of a worldwide administrative point of view, a huge increment in universal investmentthe reasons that clarify why a few governments utilize the inflows from outside speculation and expertise than others include:governmental rehearses that are business agreeable, nearby business visionaries that can prepare laborers and put resources into present day innovation, sound administration of more extensive monetary factors, for example, financing costs and inflati onaccording to michael doorman's system these components influence a country's competitivenessfactor conditions, request attributes, related and bolstered industriesrivalry is exceptional in countries with states of ____ shopper request, _____ provider bases, and _____ new participant potential from related industriesstrong, solid, highaccording to michael watchman, firms that have encountered serious local rivalry are:more prone to plan techniques and structures that permit them to effectively contend abroad.all of these variables have made India's product administrations industry incredibly serious on a worldwide scalelarge pool of gifted specialists, huge system of open and private instructive organizations, enormous, developing business sector and refined customersadvantages of worldwide diversificationfirm not being exclusively subject to residential market, firm with huge edges at home sponsoring its tasks in different countries, potential to bring down expenses of activity re gardless of whether the essential market is at homeoptimizing the area of each action in the worth chain can yield these key advantagesperformance upgrades, cost decrease, broadening the existence pattern of the item or serviceMicrosoft chose to set up a corporate research lab in Cambridge, Englandto get to the remarkable specialized and expert ability accessible there so they can achieve world class greatness in chose esteem making activitiesthe offer of boeing's business airplane and microsoft's working frameworks in numerous nations empower these organizations to profit from:economies of scaleMany US global organizations set up maquiladora tasks south of the US-Mexico fringe primarilyto exploit the minimal effort of laborappreciation of the US dollar will have this effect on McDonaldslower benefits, on the grounds that remote benefits will be discounted when estimated in dollarsThis happens when a firm chooses to use different firms to perform esteem making exercises that were re cently acted in houseoutsourcingwhat is one of Theodore Levitt's presumptions supporting an unadulterated worldwide strategy?MNCs can rival forceful valuing on ease items that meet the normal needs of worldwide consumerspressures to diminish costs require thata organization must seek after what is financially advantageous to the organization including expanding economies of scale and expectation to absorb information effectsLow pressure for neighborhood adjustment joined with low weight for lower expenses would propose what kind of strategy?internationalHigh pressure for nearby adjustment joined with low weight for lower expenses would recommend what sort of universal strategy?multidomesticSoftware Tech Inc. an organization in the PC programming industry, puts intensely in R&D and item plan. In this manner, the majority of its worth is addedupstreamIndustries in which relatively more worth is included _____ exercises are bound to profit by a ______ strategy.upstream, globalWhat sorts of universal firms are destined to profit by a worldwide technique instead of a multidomestic strategy?firms in enterprises that have a lot of significant worth included research and structure or manufacturingRecent patterns that may prompt directors of global organizations to receive a progressively decentralized methodology for their tasks would includeconsumers are the world are progressively ready to exchange off peculiar inclinations in item includes for lower cost, adaptable mftg patterns have permitted a decrease in the min volume required to arrive at worthy degrees of creation efficiencyFirms following a worldwide procedure endeavor to offer ______ items and administrations just as find assembling, R&D, and advertising exercises in ______ locations.standardized, fewGillete's overall accomplishment with its Sensor razor demonstratesthat a worldwide showcasing exertion can once in a while be successfulas on account of Siebel frameworks, components of a worldwide sys tem may encourage the upper hand of separation bythe formation of an overall system to accomplish steady assistance paying little heed to location.risks related with worldwide strategyfirm with only one mfg area must fare its item, geographic convergence of any action may likewise will in general seclude that movement from the tar

Cash vs. Accrual Accounting and Balance Sheets Essay

Money versus Collection Accounting and Balance Sheets - Essay Example With the assistance of the money bookkeeping strategy any association can recognize its accurate income, gave if the organization has entered every single exchange in the record. Money bookkeeping strategy is relatively simple to perform. Gathering premise bookkeeping is where the exchanges are thought about once the request is made, the item is disseminated, and administration is given. It doesn't consider when the sum is paid or gotten. In the accumulation strategy for bookkeeping, the costs and the salary would be recorded once the products and the administrations have been gotten or the deal has happened. It would not think about the installment simultaneously of the exchange. This technique basically offers need to the advantages or the offices given or got and not the money related exchange. Money bookkeeping technique is more mainstream than some other bookkeeping frameworks. Money bookkeeping technique is anything but difficult to execute, then again, accumulation bookkeeping strategy is progressively exact if there should be an occurrence of making an accounting report for any association. Now and again, accumulation bookkeeping is hard to execute, because of specific disarrays in a critical position sheets. In the money bookkeeping strategy it is anything but difficult to keep up the fund, as the passage isn't permitted till the installment is gotten on the deal and the other way around. Then again, the accumulation bookkeeping technique would build the troubles as the exchanges may be entered before getting the installment, which may inturn raise issues for the association. Both the bookkeeping strategies are useful to assess and to break down the organization fund toward the finish of the money related year, with their unmistakable natures. Q2. The money bookkeeping strategy is simpler to act if there should arise an occurrence of independent ventures. The money bookkeeping strategy doesn't record the exchanges to be decided sheet until and except i f the installment has been accomplished for the exchange, either by the purchaser or by the merchant. When an association pays for the request put, the exchange would enter the asset report and simultaneously if the association gets the installment for the request set to them, they would enter the detail of the exchange. It is a simple procedure, gave the organization size is little. Money bookkeeping doesn't enter all the dealings at the hour of the exchange, in this manner it would make challenges and clashes if there should be an occurrence of bigger estimated associations. In this manner, they suggest the collection bookkeeping strategy for its better exactness and lucidity. Collection bookkeeping framework incorporates all the exchanges made either paid or not. This assists with realizing the specific income of an association. Along these lines, the money bookkeeping is progressively well known in private ventures and the collection bookkeeping is increasingly successful if the re should arise an occurrence of the large undertakings. Task 2 Q1. Monetary record is one of the most indispensable and pivotal parts of money related bookkeeping. It is the aggregate or the summed up estimation of the account of an association toward the finish of the money related year. An accounting report incorporates association, ownership, resources of an organization, and liabilities of an organization and the value of the proprietor among others. The date on the asset report after each money related year is diverse if there should be an occurrence of various organizations. In the event that regardless an organization doesn't have their monetary record, for instance Microsoft, it would be exceptionally hard to realize the exchanges made by the organization, whether the organization has confronted misfortune or benefit, what are the liabilities and the advantages of

Bye Bye Boomers Who Will Fill your Workforce Gap

Bye Bye Boomers Who Will Fill your Workforce Gap Were you born between 1946 and 1964? If so, then you’re the subject of much discussion.It’s becoming clear that your generation is about to leave a huge gap in the workforce due to the ongoing retirements.Baby boomers is the name of your generation. The name comes from the “boom” in child birth right after the end of the World War II. With an improving economy, many children were born in the period between 1946 and 1964.As of 2019, the oldest boomer is 73 years old with the youngest being 55. Some have already retired while others are on their way to retirement.According to a studies, approximately 10,000 baby boomers are turning 65 every day. This is a big number and many vacancies are being created on a daily basis as they retire.There are several concerns arising from this situation. But for businesses, the major one is in regards to filling those vacancies.Looking at the current workforce in general, the gap being left behind is not an easy one to fill.A DEEPER LOOK AT TH E BOOMERS’ RETIREMENT SITUATIONSome companies allow employees to work past their retirement age for various reasons. One of those reasons is discussed below as part of the solution to this situation.It happens that as employers become more anxious about the future of their companies, those retiring are also anxious. You would expect this generation to be eager to stop working after so many years, butthat is not the case.There are at least three reasons:Lack of enough savings â€" baby boomers, at least a majority of them, do not have enough savings. They either didn’t save enough, or they started saving late. As a result of this, they heavily rely on social security.Obviously, this is not enough and that is why they’re working to supplement that income with a salary.Source: Voya FinancialPending debts â€" many in this generation are still struggling with debt in their old age. Much of this debt is mortgage. To keep their homes, they have to pay up. Since social security alone c annot sustain the payments plus other expenses, working ends up being the only solution.High costs of healthcare â€" healthcare costs have been a big challenge for baby boomers. Although they planned for it, they largely underestimated the costs involved.Many assumed that Medicare will handle everything. It then becomes a shock to later learn that Medicare doesn’t handle long-term care and other expected aspects of medical care. What do they do? The easiest thing to do is continue working.Continued working may be viewed by others as being unfair and being unwilling to make room for younger employees.But the truth is that employers are also afraid of letting boomers go.HOW THE BABY BOOMER RETIREMENT IS AFFECTING ORGANIZATIONSIf an employer is part of the majority who aren’t sure how to fill the impending gap, then he is worried.As a boomer, for all the years you’ve worked in the company, you have gained a lot of experience. This experience and expertise is what will be lacking after you leave. Apart from the skills you possess, there are other great character traits you have which have benefited the company.These are largely connected to the uniqueness of your generation. These center on work ethic, a sense of responsibility, self-discipline and mental focus. These are some of the identifiers of a baby boomer.These qualities have dominated the top positions in many companies as well as other important positions. The absence of these attributes without a fitting replacement spells danger.Here are some ways in which the impact is being felt.Loss of an Extremely-Dedicated WorkforceAs a baby boomer, you’ve been working for a long time. Apart from the number of years, your generation is also known to willingly work long hours. This is because it believes in working hard.This trait is part of the definition of your work ethic. You stand out as employees who will go the extra mile to ensure the work gets done well and on time.You’re also credited with the ab ility to work well under pressure. This is a desirable trait in many companiesâ€"whether a product or service-based company. As you’ll see below in the section about possible successor generations, not everyone shares this trait.Loss of Loyal EmployeesWhereas millennials are known to be job hoppers, boomers are known to be loyal employees. You are likely to have worked in a maximum of two different companies.Instead of seeking growth through working for several employers, you have grown through promotions in the same company. With your characteristic loyalty, your employer definitely likes you.So, what does your departure mean to him?He will have to embrace different types of employees. Though this is not a bad thing, the problem is that change is not always welcome. Change is disruptive and disruption pushes you out of your comfort zone.Being out of your comfort zone is often seen as a dangerous thing since you have no control.Loss of Experienced EmployeesYour long tenure at the same company and hard work gave you another badge: that of great experience.This is one of the biggest losses your employer is staring at. It’s unfortunate that not enough skills have been transferred from your generation to the others. This has a big impact.The tasks which need some form of hands-on specialization will soon be challenging to complete.It’s going to be a situation of going back to the drawing board. And considering that other generations are not as patient to learn as you are, it’s definitely going to be an uphill task.Change in Workplace CultureEvery generation has its own way of working. An office full of baby boomers has a different atmosphere compared to one full of millennials.Traditionally, younger employees have had to adapt to the work environment dominated by older staff. It seems that now the tables are turning. Not against the older generation but against what has been long labeled as the norm.If you remain in the workplace, you’ll be experiencing some nostalgia.You’ll be wishing the good old days were here with you. You might even be telling those stories to your younger colleagues.Hoping they don’t find those days weird, organizations will have to make changes. And as an employee, you’re going to need to adapt.A beautiful thing about changing workplace culture is that anyone can drive the change. It doesn’t have to be started by the top management even though they’ll need to be deeply involved.That means that an employee who sees the dangers of the workplace culture not changing can start the conversation. And if he does it well enough, promotions are always available.Watch the below video for tips on this. WHICH INDUSTRY IS MOST AFFECTED?There is one industry that stands to feel the biggest impact in this departure.That is the manufacturing industry. This is arguably one of the biggest industries still employing many boomers.Manufacturing has for long been known as a mechanical and manual job.And considering that current job seekers are not very excited about that kind of job, there is a big problem on the horizon.Just how do you get someone who has grown up playing with tablets and smartphones to work using metals and plastic? And if there are absolutely no other job opportunities and this is picked, how much enthusiasm will there be in the job?Manufacturers are facing a trying time.Another problem is the perception of many about factories being dirty and noisy places.Who really wants that?But as you may know since you’ve worked there, manufacturers have also embraced technology.You don’t even need to go far to see this. In any case, hasn’t there been a debate about how machines will take over jobs?These machines are however there to help make the work easierâ€"maybe even more fun. At the end of the day, it may be just an issue of the mindset one has.All the same, mindset or not, manufacturers know too well the challenges lying ahead.FILLING THE GAPIt’s already happening and no amo unt of continued work into the golden years will stop boomers from leaving the workplace.The challenges at hand are many and business owners and managers know that solutions are needed.So, what’s to be done?There are only two generations which can fill the gap left behind by baby boomers. These are the generations X and Y.As much as generation Z already exists and some of them are already in the workplace, those cannot really fill the gap.First of all, they’re still very young and compared to generation Y, there are differences which make their adaptation even more difficult. Any employer seeking to use them to replace the boomers will face a more difficult task.The gap and differences in character traits are simply too big. That will require a very big change in a very short time. For that reason, we will only look at the candidacy of generations X and Y.Generation XThis generation is also known as Gen Xers.This is the generation that has received very little attention. All ove r the internet, you will find news and articles about baby boomers and millennials but very little about this generation.Born between 1965 and 1980, the oldest is currently 54 years old while the youngest is 39 years old. The older ones may have some characteristics similar to those of the boomers since they were born almost at the same time.This generation is however quite different in some ways.Here are some of their characteristics:work-life balance â€" this generation is the one that is championing the push for a better work-life balance. Most of them have families and need time to spend at home. They want to be part of their children’s lives and for the married ones, they want to spend time with their spouses.Because of this push, some employers have started developing policies to allow for it. There are now work-from-home options with some even allowing shorter work hours during the weekdays.Adaptive to technology â€" although they were not born when tablets and smartphones were common, at least the internet was coming of age. This means that they grew up knowing what the internet was as well as having access to a mobile device.This has helped them adapt to technology. As much as they may not be the first to embrace new technology, they easily adapt and make use of it where necessary.Loyalty â€" Generation X has some level of loyalty to their employers. Although it is not to the level of boomers, they are certainly more loyal than millennials. This is one reason we believe they are the best fit for some of the positions being left vacant by retiring boomers.Loyalty has many benefits to the organization. One benefit is that loyalty breeds flexibility.That means that this generation can make some personal changes so as to take up roles they weren’t really looking for.The organizations will however need to create conducive environments.Rewards, higher salaries and overall motivations will also need to be put in place to make them more willing to make th e changes required. Training will also be necessary for some positions.Self-reliance â€" this is another trait shared with the boomers. This generation grew up taking responsibilities thus developing this trait of putting in the required effort. Although they appreciate teamwork, they are also able to make sacrifices to finish what needs to be finished.Skeptical and suspicious â€" gen X employees have a characteristic skepticism and will not always be quick to embrace new ideas. This is especially when the change is a big one. In fact, most of the people skeptical of automation are the Gen Xers.Organizations seeking to raise this generation to fill the boomer vacancies need to introduce change gradually. They should communicate it well in advance and even collect opinions before implementing new measures.Generation Y (Millennials)Now to the most popular generationâ€"the millennials. These are the people born between 1981 and 1995.Millennials have been discussed all over the media an d the comments made have not been very positive. You may have heard of them being described as lazy, disloyal, feeling entitled, arrogant etc.As much as such conclusions are usually based on observations, the truth is that these conclusions are not very balanced. Labeling a whole generation as lazy only means that you haven’t really understood it.To fully understand a generationâ€"and this is the reason they are categorized by birth yearsâ€"you have to look at what defined their upbringing.The people labeling millennials often wonder why they aren’t fitting into the “norm” which is defined by the boomers and Xers. However, the millennials are at the same time wondering why these generations can’t be “normal.”So, whose “normal” should we adapt to?Here are some traits which employers need to keep in mind when dealing with millennials.They expect transparency â€" in contrast to the Gen Xers who are skeptic and suspicious, millennials are quite trusting. This opens the m up to potential exploitation. But woe unto you if they discover that you’re not genuine.Once you lose their trust, it’s very difficult to regain it. And being the well-connected generation, the news will spread faster than you can say sorry. This is one of the reasons online reviews are powerful and well guarded by brands.In dealing with millennials, do your best to keep your word. When drafting agreements, minimize the number of terms and conditions and use simple and clear language. Do not tell them one ting then later claim something else. Just be open.Information availability â€" the digital age has made information available and that is what millennials are used to. Companies used to keeping information only available to top management will have a hard time coping with this generation.Millennials want to have information available so they can look at it and make the decisions which suit them. To them, failing to provide information means you are trying to hide something.O bviously, not all information can be made available. But whatever helps employees make more informed decisions should be availed. It will even be better if the information is provided before it’s requested for.Multi-taskers â€" whereas they may be seen as those with very little concentration power, millennials see themselves as multi-taskers. And indeed they are.Multitasking happens at all levels. From work to social. It’s not difficult to see one speaking with a friend while chatting with another on the phone. For millennials, this is a productivity hack and it works well for them.They even wonder why others aren’t adopting it.Check out this video of a millennial teenager multitasking. He’s doing his homework, playing therapist, ordering pizza while also solving computer problems. His baby boomer mother, aware only of the homework, wonders why the millennial isn’t going to the library. Quickly and easily embrace change â€" navigating change is not a problem at all for mil lennials. This is largely due to their social nature. They often get to know about new trends from their friends and in order to stay connected, will quickly embrace the new.Since technology is the driving force behind much change, it has also contributed to their ability to quickly adapt. New technology is increasingly being designed to be easy to use. This enables millennials quickly adopt the new.In any ever-changing environment, millennials are the best fit. You will find them in the technology industry due to this trait.Seek inclusion and diversity â€" since they are very connected, millennials have interacted with many people even from different parts of the world. They also happily embrace diversity and expect the same from the companies they work for.Since their friends embrace them, they expect to be embraced even when donning clothes and hair styles others deem unfit for the office. For them, it’s a show of freedom and they expect to be allowed to enjoy it.BRIDGING THE G AP BETWEEN THE GENERATIONSThis section will show you how to bridge the gap between the generations. And after reading it, you’ll see that it’s very possible for the different generations to co-exist peacefully.The only requirement is mutual understanding.These generations are very different from the boomers and they’re the ones organizations will have to pick from in filling job vacancies. For that reason, it’s important to learn how to bridge the gap.For organizations already working with these three generations, they have the opportunity to prepare in advance. If your boomers are already retiring, make the best of the remaining time.If you still have some time before they retire, then move with speed and implement the below measures. They will help you manage the situation better and you’ll avoid unnecessary challenges.Change Your Workplace CultureAs already seen, the biggest challenge with multi-generational workplaces is that they don’t understand one another.Failing to understand the story behind the generation brings about confusion and misunderstanding.The best way to deal with this situation is to create an environment conducive for mutual respect.The older staff should hold the view that being young doesn’t mean millennials have nothing to offer. Likewise, millennials should understand that being old doesn’t mean boomers can’t get the job done.Both of these generations, if left to themselves and asked to prove their worth, they will do the required work. The only difference will be the means of achieving their goals.A workplace culture of mutual respect and appreciation should be entrenched in the company policy. The implementation should however not be a legal issue but more of a fun experience.The management can have, as part of the onboarding process, time for describing the background of the workforce.New employees can be told of the benefits of the diverse workforce. They can also be asked what they will do to blend in and sugge st more ways of benefiting from the diversity.Implement Two-Way Mentorship ProgramsMentorship is often seen as the training of a younger person by an older experienced person. This is very okay. But if we consider the part about experience and ignore the age part, we can have a unique take on mentorship.This is referred to as the two-way mentorship program.In the work environment, boomers are the more experienced in terms of the work itself and the industry in general.The millennials, and the Gen Xers to some degree, are experienced in new innovative solutions. If these solutions can be implemented, the organization will enjoy improved efficiency.Since the work, industry as well as technology expertise and experience are required, everyone can learn from the other.As long as the right environment has been created, the younger tech-savvy staff can train the older ones. In doing this, they’ll be helping their older colleagues catch up with new trends and the whole company will move together in unity.At the same time, the older ones can teach their younger colleagues how specific operations are done. While at it, they can also explain why the procedures used are preferred and whether changes can be done.It’s all about having an open mind and willingness to learn.Create Cross-Generational TeamsHaving learned and now appreciating others, the next step is to form teams consisting of staff from different generations.If there is a project to be worked on, it should not just have younger employees simply because they are fast and energetic. It should be inclusive enough to accommodate all age groups as much as possible.If you need the work to be finished fast, this will obviously not happen. But would you rather finish a project quickly or have your employees enjoy the work and learn from one another as they work?If you stick to preferring maximum productivity, it will cost you in the long run. The rushed deadlines will make people only interact when necessary and with limited time.Those who are slow (boomers) will be shunned by those who are fast (millennials). In the end, the experience and knowledge which the boomers have will be missing in the Gen Xers and millennials who remain.The whole idea of having a work environment suitable for genuine and friendly interactions is to facilitate skills transfer. The friendships formed will cause an increase in productivity since teamwork will be improved.Provide Onboarding for Younger LeadersLastly, just as new employees go through an onboarding process, so should the young leaders taking the reins at the various levels. Keep in mind that onboarding is different from orientation.They should be helped to understand why things are done the way they’re done. In case they have any questions or suggestions for changes, they should be listened to. Their ideas should also be considered.This is because people have different leadership styles.Gen Xers will lead differently from millennials. Still, among bo th generations, there will be different perspectives and motivations since people are unique.Young leaders should feel comfortable and know that they have the support of the leaders at the higher levels.CONCLUSIONAlthough it may seem a difficult time for many organizations, it can also be seen as an opportunity to improve.Creating a work culture where all employees are valued despite their age will greatly benefit the company. And with information about the characteristics of the generations likely to fit the vacancies, it’s easier than ever to plan ahead.Use the above tips for bridging the generational gap at work and see your transition process becoming simpler.

Andragogy and Self-Directed Learning - Free Essay Example

Sample details Pages: 2 Words: 460 Downloads: 1 Date added: 2017/09/20 Category Education Essay Type Argumentative essay Tags: Discussion Essay Learning Essay Did you like this example? Andragogy and Self Directed Learning March 10, 2008 Adult Education and Learning: Principles and Practice Andragogy and Self-Directed Learning: Pillars of Adult Learning Theory Candys written statement (1991, p. 309) which reads â€Å"since a learners autonomy is likely to vary from situation to situation, educators should not assume that because a person has been self-directed in one situation, he or she will be able to succeed in a new area: Orientation, support and guidance may all be required in the first stages of a learning project†, was a highlight for me. As I read through this article it seems as though to much emphasis was being placed on who was right and who was wrong about their theory. In all actuality theories are evolutionary just as learners in adult education are; therefore, all of the theories were probably applicable during the time in which it was established, for the most part. Now Candy comes along and writes this statement in which I agree wi th, wholeheartedly. I do so, because I can think of instances were I prefer to be a self-directed learned, but thats only when I want to know something miscellaneous; however, primarily, by nature, I am a dependent learner with a concrete sequential learning style. I need explicit directions before feeling comfortable with going forth with a task. To me self-directed learning puts me in the mindset of on line courses, in which, I would never subject myself to, unless it was absolutely necessary. I need the teacher directed, concrete experience of being in a classroom and learning from discussion, feedback and interpretation, something that I just do not feel I would get from and on line course per se. Insight for me is the mere fact that the methodology behind teaching adult learners is so widely debated. I never actually took the time to think about how someone should educate me as an adult. However, now that I am an adult learner, I am extremely thankful that someone did take the time to develop theories on how adult learner should learn. And I am even more elated because they are all closely knit which gives me confidence in the fact that the general picture is effective. I feel challenged to keep up with the latest research on theories behind adult education to see if modern day theorist are relating their theories to the â€Å"fathers and grandfathers† of adult education. As I venture out into the world as an adult educator, I will incorporate different practices and theories and note which ones were most effective and for what type of learner. Bibliography Candy, P. C. Self-Direction for Lifelong Learning. San Fransico:Josey-Bass, 1991 Merriam, S. B. (2001) Andragogy and self-directed learning: pillars of adult learning theory. New Directions for Adult and Continuing Education, 89,3-13. Don’t waste time! Our writers will create an original "Andragogy and Self-Directed Learning" essay for you Create order

Generation Z Fast and Furious Essay - 1247 Words

‘Fast and Furious’. Not only is this phrase the title of an incredibly successful, action-packed film, but it also briefly outlines the stereotypical traits associated with those in Generation Z. People in Generation Z in the Western world, which today range from around 11 to 20 years of age, have lived their entire lives in a technologically advanced society where mountains of information are at their fingertips. Due to the instantaneousness of current technology, Gen-Zers expect everything to be immediate, making them notorious for their impatience. This cutting-edge technology also means that Generation Z is very interconnected. Even when at home or on holiday, they can still be communicating with their peers. This makes Gen-Zers even†¦show more content†¦Three of these societal influences are the media (body image), money and gender stereotypes. The media is defined by the Google Dictionary (2014) as â€Å"the main means of mass communication† and encompasses the internet, radio, newspaper, television etc. Due to recent advancements in technology, society can now be even more easily influenced by the media. Prior to the existence of the mass media, our ideas of beauty were restricted to what we saw in our own communities. We were not told by the media that women must have tiny waists and tan skin, and men must be tall with giant muscles to be good-looking, acceptable even. Through social networking sites, advertisements, films etc. the media bombards us with clips and images of these ‘stunning’ people, gradually manipulating Generation Z’s sense of what is beautiful and healthy. The age bracket that Gen-Zers are currently in (11-20 years old) makes them especially susceptible to the media and what you supposedly must look like to be pretty. The media exploits Generation Z’s interconnectedness and impressionability and uses it to it’s own avail, because all the media cares about is making money. If making the models on clothing websites size 6 as apposed to size 16 sells more goods, then they will do so. If it is thought that a movie with a young, white, stick-thin female as the protagonist will be more popular, then they will cast a person with those characteristics. Not only that,Show MoreRelatedThe Hoover Company and Dyson2418 Words   |  10 Pagesmaterials into various products. The operation phase is preceded by the development of a prototype. Various forms of technology is used to develop a prototype from special computerized technology to plasticine and cardboard. | Outbound logistics | Fast and direct link to distributors all over the world, Dyson’s sell his products directly from their website and retail stores like comet or curry’s. Activities of outbound logistics are customer’s orders which are shipped to different locations aroundRead MoreMarketing And Customer Relationship Management Essay6883 Words   |  28 PagesMcDonald in early 1940, it is the largest fast food restaurant chain in the world, in the very first drive in California, US, and self-service restaurants have established that the history of McDonald noted. As we all know, it is very convenient to the people in my country to love McDonalds is why everyone Most of the countries have a tendency to eat fast food. Today, more than 32,000 local McDonald s restaurants around the world for being one of the leading fast food retailer. McDonald’s more than 60Read MoreMarketing Strategies of Tata Motors8079 Words   |  33 Pagesmore important way of advertising is to create an image or brand image. Take BMW Z3 for example, it was introduced in 1996 and shortly the car has been used in the famous James Bond movie. This is similar to Nissan 350 Fairlady Z in the recent 2007 Fast and the Furious 3 – Tokyo Drift. Over the years Tata Motors have been successful in creating their brand image especially they use some famous stars as their spokesman. Other important marketing strategies are such as the packaging, innovationsRead MoreFashion and Zara6167 Words   |  25 PagesZara Case Study: Fast Fashion from Savvy Systems After studying this case you should be able to: Understand how Zara used a technology-dominated strategy to make its parent company, Inditex, the world’s largest fashion retailer. List the factors leading to the demise of Gap. Understand how the application of technology to data collection and analysis allows Zara to spot trends and gain insight into the future preferences of customers. Identify the strategies, and the technologies used to implementRead MoreThe Demon in the Freezer Essays12595 Words   |  51 Pagesmucus membrane in someones throat or lung, it sticks. It enters a cell and begins to make copies of itself. For one to three weeks, the virus spreads from cell to cell, amplifying silently in the body. No one has discovered exactly where the virus z hides during its incubation phase. Probably it gets into the lymph cells, confusing the immune system, and victims are said to experience terrible dreams. On February 21st, when the Pilgrim had been feeling achy for almost a week, a thirty-year-oldRead MoreProject Managment Case Studies214937 Words   |  860 Pagesour biggest money maker. We re turning out disk drives at an incredible rate and are backlogged with orders for at least six months. Many of our top RD engineers are working in production support capacities because we cannot get qualified people fast enough. Furthermore, we have a yearly turnover rate in excess of 10 percent among our engineers below thirty years of age. We have several engineers who are earning more than their department managers. We also have five consultant engineers who areRead MoreArticle: Performance Appraisal and Performance Management35812 Words   |  144 Pages[22]. Organization’s priority to retain the employees has revolutionized. Competition among the organizations has increased and talented employee’s retention has become the first priority of the organization [9]. Not only orga nizations confronted of furious competition of products but as well as faced problem of best employee retention [8]. Right retentions strategy made possible for the organizations to survive and grow in the market [10] and complementary for more profit. The extrinsic motivators comprisesRead MoreA Picatrix Miscellany52019 Words   |  209 Pagesapproach of enemies and for the storage of drinking water, as well as talismanic sculptures against disease and for the unmasking of libertines (pp.285-88). The discussion of â€Å"Indian† practices now continues, including examples of the artificial generation of living beings (pp.288-90). We now return to philosophy, which occupies the last chapter of Book III and the first of Book IV. The definite division of the two chapters is not easily accounted for. One has the impression that the author may haveRead MoreDeveloping Management Skills404131 Words   |  1617 PagesManager 310 SKILL PRACTICE 311 Exercise for Gaining Power 311 Rep airing Power Failures in Management Circuits 311 Exercise for Using Influence Effectively 312 Ann Lyman’s Proposal 313 Exercises for Neutralizing Unwanted Influence Attempts 314 Cindy’s Fast Foods 314 9:00 to 7:30 315 x CONTENTS SKILL APPLICATION 317 Activities for Gaining Power and Influence Suggested Assignments 317 Application Plan and Evaluation 318 317 SCORING KEYS AND COMPARISON DATA 319 Gaining Power and Influence 319Read MoreEssay on Fall of Asclepius95354 Words   |  382 PagesFall of Asclepius By Harm 1 and Icrick Prologue Where should I begin? The apocalypse happened so fast. In less than a month, monsters infested every part of this world. People panicked, people died. They clawed at each other just to get out of all the infested areas around the world. There was problem about fleeing from infested areas. Everywhere was infested. There was no where anyone could go without encountering the walking plague. You know that phrase War is Hell? Well... its dead

Personal and Team Effectiveness †Motivation Free Essays

Personal and Team Effectiveness is a big topic and I, personally think that motivation is very important in the business world. I think it is a must to provide motivation for the workers. If the workers are more motivated to complete the task, it can increase the productivity and effectiveness of the company. We will write a custom essay sample on Personal and Team Effectiveness – Motivation or any similar topic only for you Order Now This is the reason why we all want to motivate our workers to exert their best effort. Not only in the business world, is motivation everywhere. Parents always motivate their children to study hard by offering small presents. For example, I remember when I was young, my parents often rewarded me by visiting Ocean Park if I achieved good results in the exams. This worked and I was motivated to study harder and harder as I really wanted to go to Ocean Park. It is the same in the business world. If we want to motivate the employees to improve their performance, we have to give them some rewards. For example, the Incentive Compensation Program implemented in some companies has good effects. In this program, workers who have excellent performance can be rewarded a certain amount of bonus. Apart from bonus, I think good welfare systems, good working environment, good relationship with colleagues are ways to motivate the workers. All the above motivation we have talked about is extrinsic. It is provided by the third party, i. e. comes from outside of the individual. Besides extrinsic motivation, intrinsic motivation is also a way to motivate the workers. This refers to motivation that is driven by an interest or enjoyment in the task itself, and exists within the individual rather than relying on any external source. In fact, people who are intrinsically motivated are more likely to improve their skills, and hence the performance. In my childhood, apart from my parents’ reward systems, I was also motivated by myself. I liked Mathematics so I put much effort on it and did a lot of Mathematics exercise. This was due to my own interest. In the workplace, if the workers enjoy the task, they will exert their best effort in order to achieve excellent. No matter it is about studies or careers, intrinsic motivation is important. To conclude, motivation is everywhere in the world. If we want to achieve better results, it is a must for us to think about what motivation can be applied. If people are more motivated, they perform much better. How to cite Personal and Team Effectiveness – Motivation, Essay examples

United Nations Essays (409 words) - United Nations, Peacekeeping

United Nations Part I. #3 51 countries established the United Nations also known as the UN on October 24, 1945 with the intentions of preserving peace through international cooperation and collective security. Over the years the UN has grown in numbers to include 185 countries, thus making the organization and its family of agencies the largest in an effort to promote world stability. Since 1954 the UN and its organizations have received the Nobel Peace Prize on 5 separate occasions. The first in 1954 awarded to the Office of the United Nations High Commissioner for Refugees, Geneva, for its assistance to refugees, and finally in 1988 to the United Nations Peace-keeping Forces, for its peace-keeping operations. As you can see, the United Nations efforts have not gone without notice. The UN has made strides toward and continues to fight for world peace, but this however is not the only function of the agency. Environmental protection, Human rights, health and medical research, alleviation of poverty and economic development, emergency and disaster relief, and labor and workers' rights are just a sample of what the UN continues to battle as the year 2000 approaches. The United Nations has made many achievements since the agreement made in 1945. The efforts of the UN helped end the apartheid in South Africa allowing the citizens of South Africa equal participation in the Elections of April 1994 followed by a consensus in choosing a form of government. 90 percent of children in developing countries attend school and 60 percent of adults in these countries can read and write thanks to the UN and the struggle to improve education in developing countries. Over 300 international treaties have been created through United Nations efforts to strengthen international law. These achievements and many others encourage people like myself to promote and praise the United Nations. Without the UN the world would be a bigger place full of confusion and hatred. The efforts of this world organization have improved global life for all of its citizens and will continue to do so for many years to come. We need to abide by the principles of the UN charter: maintain international peace and security, develop friendly relations among nations, cooperate in solving international problems, promoting respect for human rights, and to be a center for harmonizing the actions of nations if we wish to solve many of the problems facing our world today and for years to come. Political Issues