Synonymous vs. Nonsynonymous Mutations - Definitions

Deoxyribonucleic acid (DNA) is the carrier of all the genetic information in a living thing. DNA is like a blueprint for what genes an individual has and the characteristics the individual shows (the genotype and phenotype, respectively). The processes by which DNA is translated using Ribonucleic acid (RNA) into a protein is called transcription and translation. DNAs message is copied by messenger RNA during transcription and then that message is decoded during translation to make amino acids. Strings of amino acids are then put together in the right order to make proteins that express the right genes. This is an intricate process that happens quickly, so there are bound to be mistakes, most of which are caught before they are made into proteins, but some slip through the cracks. Some of these mutations are minor and do not change anything. These DNA mutations are called synonymous mutations. Others can change the gene that is expressed and the phenotype of the individual. Mutations that do change the amino acid, and usually the protein, are called nonsynonymous mutations. Synonymous Mutations Synonymous mutations are point mutations, meaning they are just a miscopied DNA nucleotide that only changes one base pair in the RNA copy of the DNA. A codon in RNA is a set of three nucleotides that encode a specific amino acid. Most amino acids have several RNA codons that translate into that particular amino acid. Most of the time, if the third nucleotide is the one with the mutation, it will result in coding for the same amino acid. This is called a synonymous mutation because, like a synonym in grammar, the mutated codon has the same meaning as the original codon and therefore does not change the amino acid. If the amino acid does not change, then the protein is also unaffected. Synonymous mutations do not change anything and no changes are made. That means they have no real role in the evolution of species since the gene or protein is not changed in any way. Synonymous mutations are actually fairly common, but since they have no effect, then they are not noticed. Nonsynonymous Mutations Nonsynonymous mutations have a much greater effect on an individual than a synonymous mutation. In a nonsynonymous mutation, there is usually an insertion or deletion of a single nucleotide in the sequence during transcription when the messenger RNA is copying the DNA. This single missing or added nucleotide causes a frameshift mutation which throws off the entire reading frame of the amino acid sequence and mixes up the codons. This usually does affect the amino acids that are coded for and change the resulting protein that is expressed. The severity of this kind of mutation depends on how early in the amino acid sequence it happens. If it happens near the beginning and the entire protein is changed, this could become a lethal mutation. Another way a nonsynonymous mutation can occur is if the point mutation changes the single nucleotide into a codon that does not translate into the same amino acid. A lot of times, the single amino acid change does not affect the protein very much and is still viable. If it happens early in the sequence and the codon is changed to translate into a stop signal, then the protein will not be made and it could cause serious consequences. Sometimes nonsynonymous mutations are actually positive changes. Natural selection may favor this new expression of the gene and the individual may have developed a favorable adaptation from the mutation. If that mutation occurs in the gametes, this adaptation will be passed down to the next generation of offspring. Nonsynonymous mutations increase the diversity in the gene pool for natural selection to work on and drive evolution on a microevolutionary level.

The Economics Behind American Government - 836 Words

Currently, I feel that the United States public does not fully understand the economics behind American Government. I can reassure you that I was not aware of certain situations and outcomes could impact our entire economy. Macroeconomics has broaden my mind on how to efficiently operate a government’s economy, based on scientific theory and data. Expansion and recession will always be prevalent within a government. You cannot have one without the other. A government will learn from mistakes that cause a recession, which in turn will create expansion from learning past mistakes. There is always a way for efficient production and return. A government or company must please the public’s demands in order to create adequate profits and useful resources. I have learned a lot of information in a short time period of 8 weeks. Scarcity, which is always a fundamental problem in the United States Market. It is the seemingly unlimited human wants in our world, which only has limited recourses. Demand is product consumers desire to purchase. Supply represents how much the government’s economy can offer. A government is in economic equilibrium if forces such supply and demand are balanced without any external influences. Input and output refer to how much a money, time, and production is going into an economy as a whole and the results of being completed and if the product is used effectively. They are sets of data, and reveal if production is working efficiently or ifShow MoreRelatedThe Rise Of International Trade1283 Words   |  6 Pageshemisphere, derives from personal motivations, political setting and relations, as well as the overall economic development of each country. Literature on trade agreements, not specifically on the relation between those two countries, can be divided into three schools of thoughts. Literature on the first category takes a motivational approach to explain trade agreements, emphasizing countries’ interests behind their settlement. 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The Psychological Effect Of Academic Achievement Education Essay Free Essays

string(36) " Dubois Award for lower limit of 3\." African American pupils have the chance to gain academic accomplishment awards where pupils of their ain race are their lone competition. Each clip they receive those awards, they are reminded of the demands that had to hold been met in order to make such acknowledgment. The GPA demands for these awards normally equal the mean GPA of their Asiatic and Caucasic schoolmates. We will write a custom essay sample on The Psychological Effect Of Academic Achievement Education Essay or any similar topic only for you Order Now Therefore, the criterions of these awards statistically pale in comparing to the accomplishments of the Asian and Caucasic pupils. Because there are no tantamount race-specific awards given to Asian or Caucasic pupils, it is clear that there is a disagreement in what society expects from pupils of certain races academically. These awards were created by organisations to actuate these pupils to go on their academic enterprises and possibly accomplish more. This survey attempts to measure the cogency of such awards by the specifying academic excellence for all pupils, irrespective of race. With research, the paper besides attempts to find grounds for possibly take downing the criterions for Afro-american specific awards. Taking in to account all the factors that contribute to a pupil ‘s motive, it is concluded that the awards could merely turn out to be uneffective. Michael-Ann Henry Ms. Emily Sigman Senior Independent Undertaking Spring 2010 The Psychological Consequence of Academic Achievement Awards on African American Students Over the past twosome decennaries, public schools and separate organisations in Montgomery County, Maryland have awarded African American and Latino pupils who display accomplishments in faculty members, leading, and sports. One of these awards was granted to an jock who maintained a 2.5 class point norm ( lone.5 above the ineligibility GPA of 2.0 ) ; another was rewarded to an African American pupil for geting a GPA of 3.0. These awards clearly exclude other populations such as Asiatic Americans and Caucasians. How is it that the pupils of those ethnicities, who typically sit on the more successful terminal of the academic accomplishment spread, are non awarded for similar achievements? Harmonizing to research, it is statistically more of a rareness for Afro-american and Latino pupils to achieve equal degrees of accomplishments when compared to Asians and Caucasians ( NAEP Studies ) . Because such achievement remains uncommon with the pupils of these races, the achievements warrant wages, in the sentiment of the organisations giving the awards. Organizations like Montgomery County ‘s African American Festival of Academic Excellence claim that they seek to â€Å" promote and help African American pupils to endeavor for academic excellence † by showing pupils with congratulatory certifications ( AAFAE Online ) . However, it needs to be proven whether these awards do actuate African-American and Latino pupils to prosecute more academic asperity or whether they set the saloon depression in a manner that indicates that it would be excessively hard for them to accomplish more like their Asiatic and Caucasic opposite numbers. Furthermore, a survey of the possible relationship between the awards and the achievement spread demands to be considered to measure the necessity and effectivity of these awards in our school systems. Challenged by statistical and psychological theories, the cogency of the awards and their ability to motivate more motive in African American pupils has proven, so far, to be uneffective. Context for Evaluation of the Awards In order to find the legitimacy of these academic awards as motivational tools, true academic excellence must be defined. A pupil ‘s grade point norm is normally the first listed demand for the awards in inquiry and therefore, apparently, the most of import and simplest manner to mensurate school performance.. In order to specify academic excellence in footings of a pupil ‘s grade point norm, the national mean GPA of all high school pupils should be considered. Harmonizing to an article by Justin Pope of the Associated Press, in the twelvemonth 2000, the national norm for GPAs was a 2.94. At that clip, the above norm public presentation could hold been defined by a GPA that surpasses 3.0. However, it was reported that in 2005 over a fifth of the high school population claimed to hold a GPA equivalent to an A norm ( Pope ) . Therefore, throughout this survey, a GPA of 3.5 is believed to outdo represent academic excellence in today ‘s society, across the racial spectr um. In short, awards with this demand are less likely to be given due to racially subjective grounds or differing outlooks of pupils based on race. Students awarded based on this demand would undeniably be considered deserving of the acknowledgment that comes with academic excellence. Granted that academic excellence should besides be evaluated along with several other factors-such as each county ‘s assorted methods of making a class point norm, each instructor ‘s or academic section ‘s assorted rating policies, and the pupil ‘s single attempt and socioeconomic position to call a few-this survey specifically analyzes academic awards given chiefly based on grade point norms. Therefore, sorting a GPA that about indicates academic excellence for all races, a 3.5, is necessary to measure the cogency and the effectivity of the awards given to merely Afro-american pupils. Examples of Awards Given While based on the national norm GPA, an above norm GPA would be closer to 3.5, most of the race-specific awards do non necessitate a GPA stopping point to that estimated pot of academic excellence. Within Montgomery County Maryland, the African American Festival of Academic Excellence awards high school pupils in this county who earn a â€Å" cumulative unweighted Grade Point Average ( GPA ) of 3.0 or above or a cumulative leaden GPA of 3.2 or above for all combined high school old ages through the first semester of the current school twelvemonth † . Besides in the Montgomery County country, the Iota Upsilon Lambda Chapter of the Alpha Phi Alpha Fraternity, a historically Black fraternity grants the undermentioned awards based on the corresponding demands: Jesse Owens Award for jocks with outstanding devotedness to sports and a minimal GPA of 2.5 ; Paul Robeson Award for minimal 3.0 GPA ; and the W.E.B Dubois Award for lower limit of 3. You read "The Psychological Effect Of A cademic Achievement Education Essay" in category "Essay examples"5 GPA. Illustrated in Montgomery County, the disagreement conspicuously separates the races that typically perform good at the high terminal of the accomplishment spread and the races that normally fall short of the criterions of academic excellence. The bulk of the acknowledgment given to African American pupils in Montgomery County does non run into the criterion of excellence that was based upon the mean GPA in the state. Hence, there seems to be a disagreement between the likely definition of â€Å" above norm † for the pupils across the state ( a class point norm of 3.5 or higher ) and the likely definition of â€Å" above norm † for African American pupils. Although the conditions of the listed academic awards still represent all right accomplishments, tantamount certifications and acknowledgment are non given to Asian and Caucasic pupils of in a similar race-specific manner. Based on informations from the National Assessment of Educational Progress ( NAEP ) , if organisation s were to give out the same awards to Caucasian and Asiatic American pupils that met the same demands, the sum of pupils that would have wagess would be overpowering. In contrast, there exists merely a little part of the African American pupil organic structure that reach the criterions of those academic awards. This disparity in the awarding system for pupils of different races nowadayss itself non merely in Montgomery County, but besides throughout the state. In the San Francisco Unified School District, the territory itself hosts a community event known as the Annual African American Student Honor Roll Parade and Celebration honouring â€Å" all center and high school pupils with a 3.0 class point norm or above for the past two semesters, along with the 10 top accomplishing pupils from each simple school in the territory † ( Robbins ) . However, the degree of acknowledgment seems indefensible when a pupil with a 3.0 does run into the same criterion to which other pupils are held for the non-race specific academic awards they would be eligible to have. Superintendent of Schools in that San Francisco territory, Waldemar Rojas, besides yearly presents a particular gold embossed plaque, â€Å" the Academic Excellence Award † to all Afro-american center and high school pupils with a 4.0 GPA ( Robbins ) . Even though the conditional GPA of this award seems to transcend the antecedently decided definition of academic excellence, in footings of GPA, there was no grounds that equal acknowledgment was given to pupils of other races who achieved the same. In Seattle Public Schools ( 2003 ) , â€Å" more than 140 African American pupils from Garfield High School [ were ] recognized for their academic accomplishment at the Ku’Onesha Awards. These pupils have achieved a class point norm of 3.0 or higher † sponsored by the â€Å" Parents for African American Student Excellence ( PAASE ) , a multicultural group dedicated to shuting the academic accomplishment spread at Garfield High School † ( â€Å" Seattle ‘s Public Schools † ) . Therefore, the incompatibility among the awards given to pupil of assorted races becomes clear when there is no clear tantamount acknowledgment for academic accomplishment given to specifically Asians and Caucasic pupils. It is apparent that there is inequality in the presenting systems across the state ; the Afro-american pupils get awards with less demanding conditions than what the national norm GPA implies the demands should be, while the pupils of the races on the statistic ally better side of the academic accomplishment spread, receive no acknowledgment for equal accomplishment. The latter pupils must vie with all races to have more requirement intensive awards ( Divoky 220 ) . Reasons for Race-Specific Academic Awards In order to decide the evident disparity, the grounds for presenting second-rate accomplishment ( or achievement deemed mediocre for pupils of other races ) must be analyzed. Why do organisations and school systems feel that it is necessary to allow race-specific academic awards to African American pupils? The allowance of these lowered outlooks and demands for African American pupils must be argued and evaluated by statistical and historical informations Sandra Graham, who studied motive in African American pupils, define motive as a perceptual experience of the â€Å" likeliness of achieving a end and the value ( affect ) associated with that end attainment † ( 57 ) . Thus we must dig into the factors that influence this perceptual experience of what can be attained. The deficit of internal motive for the bulk of African American pupils has been the beginning of argument of pedagogues across the state. One theory claims that within the African American pupil community, there is animus towards the high-achieving that stems from cultural associations, making an environment that discourages larning. Therefore, the awards may function as a physical manner to battle the verbal â€Å" put-downs † that can impede a pupil from accomplishing self-actualization in academe. Harmonizing to a survey performed by the University of Illinois, Afro-american high school pupils who considered themselves really good pupils were shown to be more likely to be the victims of verbal maltreatment from their equals ( Cherry ) . â€Å" The survey farther suggests that covering with classmate squelchs can do it hard for good pupils to larn while doing it near impossible for behind to catch up ( Cherry ) . Harmonizing Fordham and Ogbu who studied internal cultural pr ejudice, high accomplishing African American pupils tend to be labeled by their academic strive as â€Å" moving white † ( 178 ) . As clarified by Tyson, Darity, and Castellino, the formation of the term, â€Å" moving white † was portion of a larger oppositional civilization constructed by African Americans in response to their history of captivity and favoritism. The oppositional individuality was said to be â€Å" portion of a cultural orientation toward schooling which exists within the minority community † ( Tyson, Darity, and Castellino 583 ) . Thus, some African Americans claim that academic accomplishment should non be extremely valued in the community because such actions have been associated with the standard norms of success among Caucasic Americans. Therefore, academic awards, specifically given to African American pupils, may hold lowered criterions for retrieval to equal this force against instruction in the African American community. The end of t he awards in this instance would be to allow the pupil with assurance that what their difficult work in school is worth the possible ridicule because of the hereafter success. School systems and private organisations would make these race-specific awards besides to possibly excite motive when pupils face hard socio-economic and place environment related issues that result in less drive to win. As indicated by the U.S. Census Bureau ‘s survey of kids younger than 18 life in households, 27 per centum of Latino kids and 30 per centum of black kids live in poorness, compared with approximately 13 per centum of white kids. Harmonizing Graham research of the motive of African American pupils old â€Å" societal scientistsaˆÂ ¦found it easy to associate differences between Blacks and White persons in household construction to differences in their accomplishment demands † ( 60 ) . Graham cited George Mussen as holding conducted first comparative racial survey on the demand to accomplish, or a pupil ‘s motive. Thereafter, 18 more surveies arose that fundamentally tested for the same information, the degree of each race of pupils ‘ dema nd to accomplish. Seven out of 19 surveies, or 36 % , reported Whites to be higher in the demand to accomplish than Blacks, ( Graham 61 ) . Graham goes on to reason that â€Å" even though African Americans appeared to be lower in the accomplishment motivation in these surveies, they reported educational and vocational aspirations equal to or higher than their White opposite numbers. † This means that they were merely every bit likely as Caucasians to draw a bead on to travel to college and to come in high position professions ( Graham 66 ) Therefore the awards could be given to bring forth this demand to accomplish that compels pupils to hold higher aspirations and academic successes and hence associate the awards with the wagess that difficult work brings in the hereafter such post-secondary instruction and a steady occupation. Graham continues to indicate out the concrete correlativity between hapless socio-economic position and low motive. Therefore, the awards could supp ly the encouragement that their economic state of affairs knees. The Research Center for the organisation known as Editorial Projects in Education asserts that, â€Å" the disparities in accomplishment are frequently attributed to socioeconomic factors † . As referenced earlier, Graham noticed that motive was lower among pupils of certain socioeconomic position, non pupils in a peculiar race. Therefore, the academic awards do non necessitate to be race specific because race entirely has no correlativity to the deficiency of motive. While the proportions of African American and Latino pupils who achieve good academically continue to increase, there is still a clear disparity between those who are rewarded for their accomplishments with relation to ethnicity. Illustrated in Montgomery County, the disagreement conspicuously separates the races that typically perform good at the high terminal of the accomplishment spread and the races that normally fall short of the criterions of academic excellence. Harmonizing to the U.S. Census Bureau Ã¢â‚¬Ë œs survey of kids younger than 18 life in households, 27 per centum of Latino kids and 30 per centum of black kids live in poorness, compared with approximately 13 per centum of white kids. Graham goes on to reason that â€Å" even though African Americans appeared to be lower in the accomplishment motivation in these surveies, they reported educational and vocational aspirations equal to or higher than their White opposite numbers. † This means that they were merely every bit likely as Caucasians to draw a bead on to travel to college and to come in high position professions ( Graham 66 ) The Research Center for the organisation known as Editorial Projects in Education asserts that, â€Å" the disparities in accomplishment are frequently attributed to socioeconomic factors † . As referenced earlier, Graham noticed that motive was lower among pupils of certain socioeconomic position, non pupils in a peculiar race. Therefore, the academic awards do non necessitate to be race specific because race entirely has no correlativity to the deficiency of motive. Therefore, the deficiency of motive among African American pupils is non a subscriber to the accomplishment but the deficit of thrust in pupils who live in hapless economic conditions remains the job. Unfortunately, African Americans and Hispanics go on to organize the bulk of the economically down-trotted. Conversely, we must besides retrieve that non all African Americans are in economic adversity while there are several Caucasian and Asiatic American pupils in hapless socioeconomic state of affairss who can non have awards that encourage to them endeavor academically despite their state of affairs further set uping inequality within our school systems. The Academic Achievement Gap Although it has been concluded that African American pupils are capable of bring forthing adequate motive for great accomplishment, despite some possible obstructions, the statistics still problem pedagogues as there still clear differences between the racial groups of pupils ( see Figure1 ) . Fig. 1. Swerve in Grade Point Average by Race/Ethnicity, â€Å" NAEP 2005 HSTS: Grade Point Average, Entire GPA. † NAEP. U.S. Department of Education. Web. 3 Jan. 2010. lt ; hypertext transfer protocol: //nationsreportcard.gov/hsts_2005/hs_gpa_3a_1.asp? tab_id=tab3 A ; subtab_id=Tab_1 # chart gt ; . The mean GPA for Asian and Pacific Islander pupils throughout the U.S. surpasses all other groups with a 3.16, a class point norm higher than most of the demands for the African American particular academic awards. Black pupils remain at the bottom terminal of the GPA spectrum with a GPA of 2.69. Taking this figure in to account, school systems and private organisations that create the academic awards in inquiry clearly must hold made the demands low plenty to do certain that there would be some feasible campaigners for such awards. But if these organisations continue to further the thought that 3.0 is an academic range, some African American pupils will ne’er make above that saloon. By puting the saloon at such a degree, I hypothesize that it sends a message to African American pupils that they are hardly capable of making their opposite numbers ‘ mean tonss. Why Awards with Mediocre Requirements Do Not Work As Incentives for Education No affair what the grounds are for presenting African American pupils for mean work, the permanent effects of such acknowledgment and attending on mediocre accomplishments have yet to be to the full examined. Based on psychological inclinations, trying to put extrinsic value on instruction, particularly through the representation of a simple piece of paper, in attempt to supply an inducement to larn proves uneffective with striplings ( Plotnik 333 ) . In order to bring forth more of an intrinsic desire to accomplish, Henry Murray ‘s original theory on human motive must be understood. He â€Å" observed that persons vary in their inclination or desire to make things good and vie against a criterion of excellence † ( Graham 60 ) . Alternatively of seeking to make an inducement to larn, pedagogues who desire to shut the accomplishment spread should arouse with the intrinsic motives within pupils by puting the academic accomplishment saloon even higher. How to cite The Psychological Effect Of Academic Achievement Education Essay, Essay examples

Mediating Role of Organizational Learning †Free Samples to Students

Question: Discuss about the Mediating Role of Organizational Learning. Answer: Introduction Every organization needs to train their employees and for this conventional kind of training is needed to cover important work based skills, tools and techniques along with right knowledge. For thee training and development, one needs to be more optimistic and improve the approach to traditional training. The concept also works as a guide which is based primarily on what is good for people and mainly what can be profitable for the company. The biggest reason behind it is that training and development believes in activities which can be good for people with improved performance, customer satisfaction, overall quality, effective control and management. Therefore, bringing a profitable change in the organization. (Dhar, 2015). It must be about the complete development of an individual and not only associated with the transferring skills or the traditional level interpretation of training. It is very important to be realistic with right corporate level attitude with expectation about the training. But while starting the program it is important to imagine, perceive and speak about the progressive approach in developing people mind. The increased productivity, less supervision and the job satisfaction are some of the crucial points for the development of the organization which are required for the assessment of both the employers and the employees of the organization. The concept of training and development can be defined as organization development in a planned set up from top down approach where organizations overall efforts to enhance the companys effectiveness. Organization development is accomplished through proper interference in the process of the company by using behavioral pattern. The concept of organization development is expected to transform the belief system, approach, values and overall structure of company so that they can improve with adaption of new technologies, markets as well as challenges. Studies have also focused on that fact that organizational development is not only about anything that can be done to better a company (Goetsch Davis, 2014). It is specifically kind of transform the proc ess designed specifically to bring outcomes as far as organization development consist of reflection, improvement in systems and self-analysis. The on-the-jo training, mentoring, simulation and the web-based learning is important as it focus on the supervisor management, new employee orientation, professional skills training and the customer service training. The talent development is also helpful for the change in organization, employees and the other stakeholders. To make sure that the workforce is well equipped with the right form of skills, knowledge and capacities to work well with the assigned work, training and development plays an important role for the development as well as overall success of the business. While selecting the right kind of training, it is important to make sure that the employees gain the right kind of skills for the organizations and the same requires to be updated constantly to get the best along with new HR based operations (Brewster Hegewisch, 2017). To meet the present as well as future demands in business, training and development process assumes as well as its strategy role is based on number of studies done by many experts, have achieved much significance since this throws light on training and development practices in cross cultural perspective. It is important to understand that there is considerable amount of influence of training on the overall performance of organization. The training and development is a proper education process which involves the sharpening of the skills and the enhancement of the performance. With this, the focus is on how the stakeholders in the training are categories for the focus on the jobs that the individual tends to hold. The development of the activities focusses on the organization employing the individual where the clients of training and development are the business planners. Some of the conflicts are the issues related to career mainly in between the employees and the bosses. Importance of training and development in an OD Training along with development of career is very crucial in any organization that focuses on the concept of progress or development. This happens to include right kind of decision making along with thinking in a creative manner and management of people (Ford, 2014). The concept of training and development is very crucial since it assist in dealing with weakness of employees: - Improving the performance of worker Consistent in performance based duty Making sure that the employee is satisfied Rise in the level of productivity Improved in the quality of services and products Decreased cost Decrease in the need of supervision Approaches to training and development Reactive approach: it is a traditional approach in training that can be called as reaction based, driven by number of activities and delivery of technical set of skills in a traditional way which means in classroom setting and where training is an event focused functions. Proactive approach: in a learning set up of organization, this approach aligns with all kind of learning operations with the corporate strategy of business and it aims on development of abilities (Real et al, 2014). Active learning approach: this approach helps the trainee to play a crucial role in learning as well as exploring challenges and situation based issues under the super vision of the facilitator. The learning happens while asking questions as well as look for outcomes and interpreting many kinds of observation made at the time of process. The approach of active learning has a more lasting influence on the overall learning since it assists in retaining it for long run and finding a much better option in varied challenging examples. In the current time where everything is fast, the importance of learning has increased further to succeed. Organizations also need to make sure that the workforce is learning new skills constantly so that they can stay updated with rise in demand and the organization can also gain high level of competitive edge in the market (David Schoorman et al, 2016). Identification of training and development requirements There is an obvious expectation from the managers that will discuss about the needs associated with training and development with the staff member at least on yearly basis since it is a part of performance review and planning procedure. The needs from training and development for the workforce when appointed newly on the position must be discussed in detail properly within one month of their taking up the work. The training and development unit also must organize a structured training program for the staff on all branches and establish a session to meet the recognized need for the section group of departments or occupation based group. The service related with computing administers the current program for the workforce and other companies as well as departments that provide training for the workforce as and when need arises (Anitha, 2014). External training and development Companies also have the option to sponsor the staff to go out and attend multiple external course every now and then. It completely depends on the ultimate nature of the course as well as the time along with nomination on who will go for the training. There is also representation based on deciding the nomination of the sub-committee of the training and development which is done in accordance with the sections designed. The fees along with travel and accommodation can be applicable that can be met from a centralized budget for training. Any other kind of situational cost are the accountability of the nominating section (Hornstein, 2015). The member of the staff is well supported from the current budget and are also expected to submit a brief kind of report to the management. It is also expected further to pass the knowledge as well as skills that were gained in training to a wider group is done through workshops and seminars. The role of the company in investing in training and development is directly linked with the bottom line within the current business. With rise in high performance company in the present time, the overall recognition is done based on needs to have best kind of training and development programs to increase the competitive edge in the organization. Training and development is very crucial for every kind of organization when the value and overall potential of people that must be harnessed and developed. There are number of studies that have highlighted the clear connection that exist between a well-structured and training and development initiatives and the bottom line that exist within the business (Reynolds, 2017). The overall image of the present industry and people based managers is also impacted by the level and quality of workforce training and development. The prospective employees in such an open labor force will evaluate the record of all the potential managers in this crucial field. Progression in career as well as overall growth is becoming more and more attractive with basic level needs for many members of workforce. In the present business world, where every industry is going through some or the other kind of shortage in staff or basic skills, organization are also facing stiff competition internally as well as externally for high quality workforce. Every manager who can invest seriously in areas of training and development will reap the advantages of a rich working culture with high level of retention in staff as well as rise in level of productivity and impactful performance (Reynolds, 2017). Training and development objectives The kind of training and development objectives recognized will rely on the personal as well as organizational goals identified with the strategic level planning procedure and the agreed level of appraisal cycle. In any kind of event based on goal will as a part of minimum standard considers some factors mentioned below: The values inculcated by organization The strategic goals of the institute Policy of equal opportunity Need for core competencies Continued personal as well as professional growth Need for professional as well as vocational level skills in education further (Reynolds, 2017) Need for professional, workplace updating and vocational training Need to change as per the market demand Conclusion The field of training and development is the field which was based on organizational level function aiming at the betterment of the overall performance of people in organizational setting. It is further combined with the role which is usually called as Human Resource also called as HR. It primarily means development of human resources to stay competitive in the current marketplace. Training also aims on doing operations of the current time to grow employees for the present jobs and growth based on preparation of workforce for the coming future responsibilities (Reynolds, 2017). It also conducts an analysis which covers the goal of training and development for the creative learning company which also make sure that the workforce through proper value addition can effectively work for the jobs and gain competitive edge and look for self-development. The calculative performance is a result of good training and development and can also rise the overall development of organization. It is a lso a process of moving the information as well as knowledge to managers. It helps the management to translate that knowledge or information to real practice with an opinion to increase the overall effectiveness of organization and the overall productivity along with the quality of management of people (Reynolds, 2017). Reference Anitha, J. (2014). Determinants of employee engagement and their impact on employee performance.International journal of productivity and performance management. Brewster, C., Hegewisch, A. (Eds.). (2017).Policy and Practice in European Human Resource Management: The Price Waterhouse Cranfield Survey. Taylor Francis. David Schoorman, F., Mayer, R. C., Davis, J. H. (2016). Empowerment in veterinary clinics: The role of trust in delegation.Journal of Trust Research,6(1), 76-90. Dhar, R. L. (2015). Service quality and the training of employees: The mediating role of organizational commitment.Tourism Management,46, 419-430. Ford, J. K. (2014).Improving training effectiveness in work organizations. Psychology Press. Goetsch, D. L., Davis, S. B. (2014).Quality management for organizational excellence. Upper Saddle River, NJ: pearson. Hoobler, J. M., Lemmon, G., Wayne, S. J. (2014). Womens managerial aspirations: An organizational development perspective.Journal of Management,40(3), 703-730. Hornstein, H. A. (2015). The integration of project management and organizational change management is now a necessity.International Journal of Project Management,33(2), 291-298. Real, J. C., Roldn, J. L., Leal, A. (2014). From entrepreneurial orientation and learning orientation to business performance: analysing the mediating role of organizational learning and the moderating effects of organizational size.British Journal of Management,25(2), 186-208. Reynolds, M. (2017).Organizing reflection. Routledge.

Toyotas Culture and Leadership Strategy

Theoretical Background Efficient leadership is seen as one of the crucial factors affecting the company’s performance. Researchers, as well as practitioners, stress that leadership strategy should be consistent with the organisational strategy as well as the culture of the company (Witcher Chau 2010).Advertising We will write a custom essay sample on Toyota’s Culture and Leadership Strategy specifically for you for only $16.05 $11/page Learn More Bersin (2012) claims that a high-profile top manager can be unable to run a company if he/she chooses the wrong leadership strategy or worse has no leadership strategy at all. Toyota has been one of the examples of an organisation with the strong leadership consistent with the company’s organisational strategy. It is possible to evaluate the leadership strategy employed to get an idea of the way effective leadership strategy is linked to the organisational strategy. The evaluation of the co mpany’s leadership strategy should be considered in terms of the theoretical framework. The transformational theory has been regarded as the most efficient leadership approach for decades (Witcher Chau 2010). In terms of this paradigm, the leader inspires team members and implements the change. At that, the change should be ongoing as the business world is constantly transforming. Notably, such frameworks as lean leadership and servant leadership have been developed within the transformational theory. These leadership styles are based on the concept of collaboration, effective communication, guidance and mentoring. The styles will be discussed in more detail based on the particular example of Toyota. Toyota’s Background First, it is necessary to provide some background information about the company in question. Toyota was founded in 1937 when it produced its first automobiles. Importantly, one family runs the company throughout its entire history. This contributes to the creation of a particular culture and vision in the organisation. In 1958, the company penetrated the US market (Company history 2015). This was the start of the company’s global growth. Now, it is a high-performing company with a significant market share. It has also developed rapidly, and it had 9.7% of the global market share in 1998 while it achieved 13% market share in 2008 (Cole 2011). Schwagerman and Ulmer (2013) emphasise that the company has grown steadily for 40 years though other carmakers’ sales decreased. The financial crisis of 2008 had a significant adverse impact on the development of the company and led to some reduction in production. However, the company managed to overcome the difficulties and was even more successful than its primary competitors who faced more substantial losses.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More At that, the quake-tsunami that took place in 2011 was a significant impact the company is still trying to recover from. The natural disaster disrupted the supply chain that was highly efficient but unprepared for such a large-scale crisis (Agence France-Presse 2013). It is noteworthy that Toyota has been an illustration or even a symbol of performance excellence and high quality. Piotrowski and Guyette (2010, p. 90) note that the organisation has been â€Å"touted as the pinnacle of automotive excellence† by such rating agencies as Consumer Reports. Nonetheless, there have been a number of constraints associated with poor quality, and the company had to recall millions of cars in the 2000s. For instance, the scandal associated with car mats took place in 2009 (Cole 2011). Another serious quality crisis took place in 2010 when the company lost more than $2 billion as repair costs (Piotrowski Guyette 2010). Such crises had a significant adverse effect on the company’s performance and image. It is clear that some changes should be implemented. Thus, Mark Hogan who is American and has not moved through the ranks of the company was appointed (Agence France-Presse 2013). Some other international professionals are also promoted to top management positions to link the company’s leadership to the global market trends and peculiarities. Toyota’s Leadership Toyota’s Leadership and Culture Irrespective of numerous difficulties, the company is still one of the leaders of the industry. It is necessary to evaluate the strengths of the leadership strategy used in the company to come up with methods to improve it. Liker and Convis (2011) provide a detailed analysis of the company’s approach to leadership and note that lean leadership employed has proved to be effective and consistent with the organisational strategy and culture. Toyota is regarded as the creator of the lean leadership strategy, which is based on the principles introduced by Henry Ford (Shang 2014). Importantly, the lean approach has proved to be inefficient when it is not linked to the corporate culture of the organisation (Al-Najem, Dhakal Bennett 2012). To understand the essence of the lean leadership, it is crucial to consider some peculiarities of the company’s culture. Toyota’s culture is characterised by the so-called 4P model that consists of such major elements as philosophy, process, people/partners and problem solving (Liker Hoseus 2008).Advertising We will write a custom essay sample on Toyota’s Culture and Leadership Strategy specifically for you for only $16.05 $11/page Learn More Characteristic features of this culture are the emphasis on open communication, development and training as well as building trust. Liker and Hoseus (2008) highlight two primary parts within Toyota’s culture. The external part starts with the organisation’s customers while the internal part concentrates on employee s and their involvement in the culture. Importantly, the basic principle of the company (and the core of its culture) is ‘go and see’ (Daft Samson 2014). The case when Kiichiro Toyoda found one of his workers standing in front of his machine trying to understand why it was not working. The founder of the company literally rolled up his sleeves and looked into the machine’s pan. He found a lot of sludge there, which was the reason for the malfunction. This case has become one of the major concepts for the organisation’s employees (executives, managers, workers and so on) who have been trained that to understand the core of the problem it is essential to dig into it. The Role of the Leader The role of the leader is clearly defined and incorporated into the organisational culture. Hence, the leader is an observer who spends a lot of time with employees and is an empathetic listener (Wilson 2013). The leader is a lifelong learner who is ready to acquire knowl edge or to be trained. The leader is an initiator who develops, communicates and implements the plan. This is the person who is able to take risks as well. The leader is a lifelong teacher who is eager to find and realise new teaching opportunities. The leader is a role model who inspires employees. Finally, the leader is a supporter who encourages, guides employees and who has the necessary skills of the so-called servant leadership. Servant leadership presupposes prioritising employees at the top while placing the leader at the bottom of the pyramid (Shang 2014). Such leaders have three primary responsibilities. First, they support the operations, which implies guidance and mentoring. Secondly, they promote the system, which presupposes effective articulation of the vision and mission as well as development of the healthy atmosphere in the company. Finally, they lead the change through mentoring, encouragement and employment of various tools. Importantly, the servant leadership al so involves the concept of value-adding work, which is the process of doing tasks in the environment where all members add value.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Lean Leadership Since Toyota’s culture is described, it is possible to define lean leadership and evaluate its effectiveness. The concept of the lean leadership has developed from the lean manufacture. The primary concern of the latter is eliminating wastes. The concept transcended other areas, and now lean leaders focus on eliminating any wastes in production, quality, provision of services, communication, and so on. The central goal of the lean approach is to change the culture of the organisation from â€Å"passive and defensive to open and pro-active† (Al-Najem, Dhakal Bennett 2012, p. 125). The company with lean leadership ensures that customers are the major priority, and the customers should also feel that. This type of leadership presupposes elimination of barriers between senior management and employees. Another characteristic feature of the lean approach is standardisation (Chandra 2013). Mann (2009) stresses that lean leadership can be effective when senior management adopts it and sets an example, which leads to the development of the corresponding mind-set. As has been mentioned above, the leadership strategy has to be closely linked to the company’s culture, and this is the case with Toyota. The company’s corporate culture is based on the principle of empowerment of employees who are trained and committed to the culture. Leaders have to go and see what is really happening on the site. Prior to obtaining the right to make decisions, they have to be at â€Å"gemba†, which is the place where â€Å"the value-creating work happens† (Ahmed 2013, p. 32). There are no barriers between senior management and employees. Cooperation and open communication are the basis of the decision-making process. Finally, both Toyota’s culture and leadership strategy are based on the principle of empowerment. All employees are adding value, which is especially crucial when it comes to quality. Improvements to Be Made None theless, it is clear that the company, which has always been a symbol of high quality, has been involved in a number of quality scandals. This shows inefficiency of the leadership practices. Senior managers seem to forget about the ‘go and see’ principle or worse they chose to conceal some issues, which later led to significant impairment of the quality of products and services provided (Rajasekera 2013). Hence, it is essential to make sure that senior managers are committed to the culture as the lean leadership starts with top management. At that, these leaders should also be aware of major trends existing in the global market to be ready to address various issues that can occur (Agence France-Presse 2013). It seems that the principle of reporting about problems and malfunctions rather than concealing them was abandoned in the late 2000s (Piotrowski Guyette 2010). The organisation is lacking for transparency when it comes to operations, as well as communication among employees. These impairments in the leadership practice can be removed through the implementation of the change. Employees should be trained and mentored to become more committed to the corporate culture of the organisation. Apart from that, it is clear that the leadership failed in the period of crisis. The quake-tsunami in Japan and the flood in Thailand in the 2010s impaired the supply chain of the company, and it was unprepared to act in the time of crisis. Heineman (2014) stresses that crisis management should be incorporated into the leadership strategy utilised. The focus on quality should remain but executives should pay more attention to possible threats and crisis situations. The practice based on the ‘go and see’ principle should be facilitated by practices based on the principle ‘evaluate and foresee’. Employees should constantly question decisions made and make sure that the slightest issues are tackled properly. Finally, the organisation has t o be more transparent when it comes to internal as well as external communication. Rajasekera (2013) argues that Toyota’s inability to employ social networking has led to a significant damage of the company’s reputation. At that, modern customers are heavy users of such kind of technologies. More so, public opinion is often constructed through social networks. Therefore, it is crucial to utilise this platform as a way to increase the organisation’s openness. The focus should be made on the quality. Conclusion On balance, it is necessary to note that Toyota has long been a symbol of quality in business operations and leadership. The company has developed and successfully utilised the lean leadership. This paradigm consists in the elimination of all possible ‘waste’ in operations, manufacture, communication, leadership and so on. It presupposes elimination of barriers between senior managers and the rest of the employees. It is also based on the princ iple ‘go and see’ where all employees are active contributors adding the value. The leadership strategy is closely connected with the organisational culture, which makes it so efficient. However, the company has had certain difficulties associated with impaired quality lately. At that, the situation can be improved if Toyota returns to the core values and practices. The major focus should be made on such aspects as decision-making, transparency, and crisis management. Reference List Agence France-Presse 2013, ‘Toyota leadership changes signal new direction, analysts say‘, Industry Week. Web. Ahmed, M. H. 2013, ‘Lean transformation guidance: why organisations fail to achieve and sustain excellence through lean empowerment’, International Journal of Lean Thinking, vol. 4, no. 1, pp. 31-40. Al-Najem, M., Dhakal, H. N. Bennett, N. 2012, ‘The role of culture and leadership in lean transformation: a review and assessment model’, Internat ional Journal of Lean Thinking, vol. 3, no. 1, pp. 119-138. Bersin, J. 2012, ‘It’s not the CEO, it’s the leadership strategy that matters‘, Forbes. Web. Chandra, P. V. 2013, ‘Approach to lean leadership through creating a lean culture’, International Journal of Engineering Science and Innovative Technology, vol. 2, no. 4, pp. 35-40. Cole, R. E. 2011, ‘What really happened to Toyota?’, MITSloan Management Review, vol. 52, no. 4, pp. 28-35. Company history, 2015. Web. Daft, R. L. Samson, D. 2014, Fundamentals of management: Asia Pacific edition, Cengage Learning Australia, South Melbourne. Heineman, B. W. 2014, ‘The crisis management lesson from Toyota and GM: â€Å"It’s our problem the moment we hear about it†Ã¢â‚¬Ëœ, Harvard Business Review. Web. Liker, J. Convis, G. L. 2011, The Toyota way to lean leadership: achieving and sustaining excellence through leadership development, McGraw-Hill Professional, New Yor k. Liker, J. Hoseus, M. 2008, Toyota culture: the heart and soul of the Toyota way, McGraw-Hill Professional, New York. Mann, D. 2009, ‘The missing link: lean leadership’, Frontiers of Health Services Management, vol. 26, no. 1, pp. 15-26. Piotrowski, C. Guyette, R. W. 2010, ‘Toyota recall crisis: public attitudes on leadership and ethics’, Organization Development Journal, vol. 28, no. 2, pp. 89-97. Rajasekera, J. 2013, ‘Challenges to Toyota caused by recall problems, social networks and digitisation’, Asian Academy of Management Journal, vol. 18, no. 1, pp. 1-17. Schwagerman, W. C. Ulmer, J. M. 2013, ‘The A3 lean management and leadership thought process’, The Journal of Technology, Management, and Applied Engineering, vol. 29, no. 4, pp. 2-10. Shang, G. 2014, ‘Toyota way lean leadership: some preliminary findings from the Chinese construction industry’, in Proceedings of IGLC22, Oslo, pp. 1145-1156. Wilson, L. 20 13, ‘Six qualities of lean leadership’, Industry Week. Web. Witcher, B. J. Chau, V. S. 2010, Strategic management: principles and practice, Cengage Learning EMEA, Hampshire. This essay on Toyota’s Culture and Leadership Strategy was written and submitted by user Otto Skinner to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

What is investment and an introduction to investing The WritePass Journal

What is investment and an introduction to investing Introduction What is investment and an introduction to investing IntroductionWhat is investment and an introduction to investingFactors to consider to when investing in a companyLiquidityProfitabilityCapital structureGearingInvestor relationsShare price trendsCorporate social reportingCompany background Marks and spencerEasyjet Profitability for marks and spencerConclusionRecommendationsReferencesRelated Introduction What is investment and an introduction to investing Investment is a term to describe in business, which is totally dependent on how money or capital used to buy assets or where as the financial instruments which is to create profit return which is used to relating to the interest and income. The different types of investment used in finance are when purchasing securities or any other financial assets that are purchased from the capital market. Investment describes that when you are buying in the capital market it shows that a market has a high liquidity. Real life examples of investment include buying properties, gold, silver, insurance companies and cars. (http://finance.mapsofworld.com/investments) Financial investments are when investing in stocks, bonds or any type of investment.   Indirect investment is when investing with a third party such as the bank, pension funds which are available for old people and also there is a account which is made for students to invest in. Factors to consider to when investing in a company The factors to consider when investing in a company is how the company is generating profit for the next five years The next factor is that look at the company’s share prices and how well the company is performing on the London stock exchange. The main point of investing and putting money in a company is that how much returns on investment that they will get back. Investors should also look the newest addition of the annual report and analyse what so good in that company compared to others to invest in that company There is also a 50/50 chance of losing money when investing in a company and there is also 50 % chance of getting more money than you have invested in. Investing also contain huge amount of risk. Liquidity Liquidity in the finance terms refers which has the ability to change assets into cash quickly in order to repay the debts, which refers to a current liability.     The main points of liquidity in a company is that to meet the needs for liquidity where as the company must have the needs for cash because this shows that the cash in hand is relevant to the company can earn more cash or borrow money by paying off the debtors.   The liquidity of a company also depends on the short notice of cash, the cash in hand and also what the company reputation is in the financial market. Www.Riskglossary.com/liquidity Profitability Profitability is a word to describe how a company can generate or make earning form their products. The purpose of profitability is to help investors look at how the company has been performing over the two years and also they do this by using the profitability ratios and this is used to help the investors how the company has been performing over the two years and also the investor may choose one of the best companies to invest in. The profitability ratio measures seven different ways of how a company is using and how are they making their profits. The main points of profitability ratios are the gross profit and operating profit margin. investopedia.com/terms/p/profitabilityratios Gross profit is where the costs if goods have been sold which shows a percentage of sales. The gross profit margin shows how good the company or business is performing and how are they controlling their costs and also the stock of their products where as it is being sold and given to the customers. The bigger the gross profit it is showing that the company will get a higher amount of profit. Operating profit margin is where earning before interest and taxes which is included in the comprehensive statement which measures how well the company is performing overall efficiency and also showing all the expenses incurred for the period and also the business activity that the company is doing. http://tutor2u.net/business/presentations/accounts/profitabilityratios/default.html Capital structure Capital structure is how a company receives their money to help investors of how to finance or manage their money in an organisation. The purpose of capital structure in a business is that it shows where to allocate the shares in order to purchase new financial assets, which they must sell the shares in an organisation to buy the new assets. investopedia.com/terms/c/capitalstructure.asp Gearing Gearing is when a business or organisation manages or receives it money to the business activities that what exactly are they doing. Example of gearing includes bank loans, debentures, loans and shareholders.   A company or business which can use gearing to analyse which tells the potential investors that a company with a high gearing ratio is going to be weak in investing because it probably will not have the money is financed by long term loans where is shows there is a low gearing ratio is for shareholders and for retained earnings. investopedia.com/terms/g/gearing.asp Investor relations Investor relation in business states that it how a company or organisation gives financial data about the company and also shows how well they are doing financially to the shareholders. investopedia.com/terms/i/investorrelations.asp Share price trends Share price trends is where it shown on the London stock exchange which looks at company’s shares prices and looks at what has happened daily, weekly, yearly and monthly. All the UK based companies are FTSE 100, which are the best 100 companies in the UK Corporate social reporting Corporate social reporting in business looks how well an organisation is how good a company stabilizes. For example how a company create products for the environment the product must be eco friendly and it also look at the social factors and environmental issues of when a company is creating a product. consultnet.ie/Corporate%20Social%20Reporting.htm Findings Company background Marks and spencer Marks and spencer is one of the biggest leading retailers in the UK as they achieve very high profits such as net and gross. Marks and Spencers also consider how to attract their customers and also expand their marks and spencer branches locally and internationally.   Marks and spencer also think about future plans of how to improve the profitability and also Marks and spencer’s have recently have been making organic food to help customers to eat healthy and it was made to make the environment a better place to live. Marks and spencer annual report pg 1 Easyjet Easyjet is one of the successful and leading airline companies in the UK and Europe.   The purpose of Easyjet is to give customers the value for moneys and safe when travelling with Easyjet.   Easyjet also offers a good product and airline fares which apply to leisure activities and business, which is in a range of UK and European routes. Easyjet annual report pg1 Profitability for marks and spencer Marks and spencer is one of the biggest retailers in the UK because it shows they are able to generate high profits which are taken from the shareholders that they invest in and which also gets the results that shows the shareholders get paid dividends each year.   Also marks and spencer has a very long-term strategy because this shows how they can generate their long-term profits for the future.  Ã‚   Marks is spencer is also good for investing in the business which consider benefits for example is opening and creating more products and thinking about services is to get more money from the investors to improve the profitability of marks and spencer. Marks and spencer annual report Profitability for easy jet Easyjet for the last couple of years are doing well in the business market and also overall easyjet financial highlights are that there is continued growth in the total revenue per seat, which is 5.1%, but last figures show it was 8.6% so the change in percentage was 3.3 %. This shows that the shareholder has got a higher number of dividends in 2010 because it is a 3.3 % increase, which shows that they have profitability. Looking at the airline industry it shows easy jet is a low cost airfare airline which shows Easyjet are very well structured in the market.  Ã‚   Easyjet are also in the airline industry shows that the fares are going to increase so the business and leisure activities might decline for easyjet causing them to lose profits. Easy jet annual report Analysis of both companies Making the analysis of both companies and seeing both of the companies profitability it shows that marks and spencer is a business is making more cash which shows it is very good for the investors because marks and spencer have a better return on equity which shows marks and spencer have a better profitability than easyjet. Looking at easyjet as a business it is more profitable for the investors to invest in. Look at appendix Liquidity of easy jet and Marks and spencer Marks and spencer are quite weak at their liquidity because they cannot convert their assets into cash because marks and spencer don’t meet the need for the criteria because the company have invested in management systems which main aim is to reduce all the costs and make a high level of customer satisfaction which shows they are think about their long term goals which is to maintain profitability. Marks and spencer annual report Looking at easyjet profitability it shows that in the annual report it is shown that they are able to use liquidise which shows that they convert their assets into cash. When current situation arises such as volcanic ash disruption, winter snow disruption and air traffic control and this is to show that how easy jet can use liquidity to pay for the current situation but a disadvantage is that they might not be able pay off the long term loans. Easy jet annual report Analysis of liquidity of easyjet and marks and spencer. Looking at both of the companies liquidity it shows that easyjet has a higher liquidity factor which shows they have a higher current liability which tells you about how they can pay off the currents situations and also easyjet has more cash than marks and spencer as they can convert their assets into cash so easyjet can then make payments for dividends for marks and spencer. Look at appendix Capital structure Marks and spencer use capital structure and gearing by looking at all their finances which are the current liabilities such as bank loans, retained earnings finance rent lease is when you rent a shop branch. Marks and spencer borrow money from the bank and then marks and spencer will pay the bank later. Also if the interest rates are high for marks and spencer may not be able to pay of the long-term debts. Marks and spencer annual report Easyjet uses capital structure and gearing by looking at the money available which are all the long-term loans and which are looked at by the finance lease payments. The capital structure reviewed is looked is having the financial resources in place to support the circumstances occur that arise to the company’s which can withstand the company’s stock. These risk show that easyjet take are safety and security and incidents that are having a effect on the reputation, operational and the financial performance of the company.   The other risks that easyjet take is macroeconomic which is the effect of the residual value of the aircraft.   The next that easyjet risk they take is whether competition in the airline that can also result to the losses of the market shares. The next risk that easy jet take is where the impact on easyjet is where in the business market is the cost base and the market share of easyjet.   The last risk that easyjet take is environmental issues which there is lots of customer demand for easyjet. Easy jet annual report Analysis for both companies for capital structure and gearing. Looking at both of the companies it is shown in the appendix that marks and spencer have a higher long term finance which equals the liabilities which shows how the ratio is and how the largest amount of interest charge but there is a bigger risk so in the last couple of years it is shown that marks and spencer are doing better than easyjet. The figures show that the long-term debts to equity show how safely they can borrow money after a long period of time. The figures show they are more than 50% so this states that marks and spencer borrow more safely than easyjet.   The figures show that gearing that easyjet has a higher gearing than marks and spencer so this shows easyjet knows how to finance its operations. Look at appendix Investor relations Investors relations is when marks and spencer is that when the board members of marks and spencer is the main points of investor relations is that it has a good brand, clear plan and also marks and spencer has the people and employers which have very good leadership skills and also it is how the managers motivate the employees and gives the customers something to cheer about.   The importance of investor relations is that marks and spencer thinks about the long-term strategy and plans of the business. The approach to governance report is how marks and Spencers is thinking about what correct steps and decisions to take which are the potential shareholders, managers, employees and suppliers and also the environment.   Marks and spencer take the correct steps by doing the right thing by taking the right point across the business, which shows the correct balances, which is treating customers and supplier with kindness and respect. Marks and spencer annual report The investors in easyjet gives a chance to all it shareholder to have a say against the board of easyjet plc.   The easyjet investor will talk about how the business issues effecting easyjet and also how the relation department which talks about the easyjet which is about easyjet operations and presentations of the company. Easy jet annual report Analysis of investor relations The analysis of both of the companies is that it shows both of the companies are mature which shows that both of the companies have perfect management programmes. The disadvantage between easyjet and marks and spencer is that easyjet and marks and spencer are that easy jet has better researching and development methods in their products better than marks and spencer.   Easyjet also feels help out the investor when it involves the business activities Easyjet also offers and provides more information than marks and spencer such as monthly transactions going in and out which can show investors making the correct decisions in which company to invest is. Look at appendix Corporate social reporting in marks and spencer use in the products which are climate change, waste materials, natural resources and fair partner and health and well being of marks and spencer.   Marks and spencer try to decrease the greenhouse gases that produce and also mark and spencers in the last couple of years have cut down the carbon emissions by eight percent.   Marks and spencer’s have also help customer and employees who has made them choose them for a healthy lifestyle and also their 81% salt reduction on the food products.   Marks and spencer also ensure that their raw materials come from sustainable sources. Marks and spencers annual report and also look at appendix Easyjet in the corporate social reporting is that easyjet use composite risk value, safety management programme and airborne volcanic object identifier. Composite risk value looks at how safely the manager reports to the board, which is marked and looked at the members of the easyjet.   The safety management looks at how to look and identify the potential hazards and looking at all the risks involved and looking at the different changes which effect and the chosen hazards, which they may find a solution.   Airborne volcanic object idenfier look at how easyjet looks at the management systems with the infrared technology which is the aircraft, which is given help to the pilots to see volcanic ash, hundred kilo metre ahead in the attitude. Easy jet annual report Analysis of corporate social reporting of the both companies. The analysis of both of the companies is that marks and spencer shows they have a better way of showing it better than easyjet and also marks and spencer think about how to make the product eco friendly for the environment.  Ã‚   Easyjet has a major advantage compared to marks and spencer is that they main four points which are included which think about the safety of the customers and give the customers the value for money when travelling with easyjet and also think about why to invest in a company for easyjet. Easy jet annual report and marks and spencer and also annual report Analysis of the share trend of marks and spencer and easy jet   The share prices trends compared to marks and spencer and easyjet throughout for the year is at the start of the year easyjet figures shows that there is 20,000 pound difference and throughout is shown in the appendix it has been dropping and also been rising and then went to a constant price buts marks and spencer company share prices have been constant but they have lower share prices than easyjet so it better to invest in easyjet because it shows to the investor to get a better return back for how much you will put in the business. Look at appendix Conclusion As you can see from the analysis above it shows that easy jet and mark and spencer are both stable companies, which are currently in profits. Marks and spencer is a better company compared to easyjet is that in the profitability figures is shows that marks and spencer has a better return on sales than easyjet as this shows is this ratio describes how well the performance of the company is doing and also and getting the maximum sales available. Comparing both of the companies liquidity shows that marks and spencer has a better liquidity which shows that they have more cash in hand so it better to pay of their current obligations.   If you look at the retail industry and you look at the marks and spencer where the major competitors are and also looking how good are those companies are good to invest in. If you look at the retail industry it is current in huge profit so this shows the investors if they want to invest in marks and spencer they will get a higher dividend the following y ear. When looking at the airline industry have to look at other airline companies how are their share prices compared their share prices and also how are doing are losing profit or they gaining profits.   If looking at the share price trend is shown in the graph that easyjet has a higher share price so it better for the investors to invest in easyjet because it is shown that company has a got a high share price in the current market. Easyjet compared to mark and spencer capital structure and gearing show that marks and spencer know how to finance it money properly and also think about how total debts which equals to total amount of the total amount of assets which basically is how it focuses on the financial structure and also it shows how well marks and spencer has a got very good financial structure and also shows how effective marks and spencer’s use it finances which shows how well marks and spencer and easy jet are doing for the last couple of years. Recommendations The recommendation is that the company that I would go for is that marks spencer’s rather than easyjet because marks and spencer has a very good liquidity, profitability capital structure and gearing ration but the major disadvantage is the share prices and trends is that easyjet has a higher share price than mark spencer that is the only factor that effect that gives a weakness on marks and spencer. Investors should invest marks and spencer because it a well know profitable company and is well known internationally and will get a better return on equity at this shows the investor will get a higher dividend per year which is a good company to invest in. References www.investopedia.com marks and spencer annual report 2010 easy jet annual report annual report www.investorwords.com www.riskglossary.com/liquidity www.tutor4u.com/business and profitablity (http://finance.mapsofworld.com/investments) Books references Financial accounting and reporting (barry Elliot and Jamie Elliot Company accounts fourth edition roger groves Accounting international edition harrision

Impact of Other Industries on Power Tools Industry Essay

Impact of Other Industries on Power Tools Industry - Essay Example Hand Tools are tools that are powered manually (U.S. Department of Labor, 2002). These tools are powered solely by the person using it and do not use motors (Wikipedia, 2007). These include hammers, screw drivers, hand drills, saws and knives etc., that require manual power to operate. The Hand Tools industry can be a threat for power tools. Though outdated and used less frequently, yet they can be the tools of choice by some consumers due to their lesser costs and supposedly longer lives. Hand Tools offer some benefits as compared to power tools, these don't rust easily, there is no expenditure required for purchasing batteries etc., electricity is not required to operate these and there are no essential scheduled maintenance requirements. Hence, hand tools can provide a cost competitive alternative for some people, mainly the Do-It-Yourself (DIY) type of customers. The forecasting for the hand tools industry depends upon the value the user derives from the use of these tools. The estimations can be obtained using customer surveys that show preferences of customers who are using hand tools. The surveys can provide valuable information about the features that power tools manufacturers should try to incorporate in their design if possible. In addition, some estimates can be developed by analyzing the revenues and sales data of various companies providing hand tools and then comparing this data with the power tools sales information to identify the extent of competition hand tools providers are posing for power tools industry. Bench Mounted Tools Bench Mounted tools are those that are not portable; these are fixed (mounted) at a place. Usually, these are required in small industries where tools like Thickness Planer, Saw Table etc. (Mitre 10, 2007) are used by a group of workers at the same time. These are mainly used where a number of people are involved in doing a single task like an assembly line where all workers follow similar procedures. In these kinds of situations, using portable tools is cost ineffective; instead the bench-mounted tools are used for efficiency and effectiveness gains. These are also used in metal working environments. The Bench Mounted tools industry provides competitions to the portable electric power tools industry because a large number of industries have now installed fixed tools instead of providing portable tools to all its workers. The forecasts can be derived by analyzing the historical industrial data for new technology deployment and from sales figure of these tools. Air Driven (Pneumatic) Tools Pneumatic tools are powered by compressed air and include chippers, drills, hammers and sanders (U.S. Department of Labor, 2002). These tools are usually used in the mechanical and automotive industries which require high power tools. They may pose a competition to the portable electric tools market where the electric tools face the threat of substitution. The relevant forecasts and statistics can be obtained by analyzing the market size and segmentation. Liquid Fuel and Hydraulic Power Tools These tools are operated by generating power from liquid fuel like gasoline or water. These are used in environments where there is a need of extremely high power to operate the tool. The industry data can be obtained for estimating the market size and usage level and then an estimate can be made regarding