Thursday, May 21, 2020
Organisation Study of Acc Cement - 14377 Words
AN ORGANISATIONAL STUDY Conducted at ââ¬Å"ASSOCIATED CEMENT COMPANY (ACC)â⬠WADI (JN) Internship training report submitted In partial fulfillment of the requirements of the Bangalore University For the award of the degree of Master of Business Administration Submitted By, Mr. NAGARAJUN GOUDA Register Number: 09SBCMA053 Under the guidance of Mr. M.A.SURESH KUMAR Administrative Management College 18th KM BANNERGHATTA ROAD BANGALORE-560083 DECLARATION BY THE STUDENT This is to state that the training of report titledâ⬠¦show more contentâ⬠¦Just as cement (product) lays the firm foundation of any good construction, similarly the cement industry lays the firm foundation of modern economy, which is important for all developmental plans. That is why the per capita consumption of cement in a country is regarded as an index of its progress. Cement being a key infrastructure industry, the first cement company was established in Madras (Chennai) in 1904. However, in 1912-13 three units of ACC were established at Porbandar in Gujarat and other two at Kavti, Madhya Pradesh and Lakheri in Rajasthan with a total installed capacity of 14,000 tones per annum. The industry is estimated at around Rs. 18,000 crores. At present cement industry is more than 94 years old. During the first half of the 20 Century India was plagued by an extremely slow growth rate and not until the dawn of independence in the era of planning the importance of the core sector industry ââ¬â cement ââ¬â to national development was recognized. On 24 May 1961 Cement Manufacturing Association (CMA) was formed in India. The period during 1982-85 was a boom period for the industry. By 1992 it had attained fourth position among the cement producing countries, behind only the USA, China, and Japan. The year 1990-92 was best for the cementShow MoreRelatedHuman Resource Accounting -Conceptual Framework3297 Words à |à 14 Pageshuman investments and enhanced quality of work. HRA quantifies information about human resource and for evaluation of managementââ¬â¢s utilization of human asset. If functioning of any organisation is ineffective resulting high turnover rates, the major reason may be motivational problems. HRA practices of that organisation can find out the possibility and reason of dissatisfaction and leaving the job. HRA also helps in examining expenditure on personnel and in re-appraisal of expenditure on servicesRead MoreNon Tariff Barriers to Trade25886 Words à |à 104 PagesNON-TARIFF BARRIERS TO TRADE IN THE CORE COUNTRIES OF THE STABILITY PACT FOR SOUTH EASTERN EUROPE Study prepared by Dr. Hanspeter Tschà ¤ni Dr. Laurence Wiedmer Bureau Arthur Dunkel 56, rue du Stand ââ¬â CH - 1204 Genà ¨ve Tà ©là : +41 22 312 48 35 ââ¬â Faxà : +41 22 312 48 71 E-mail : sti2@iprolink.ch ABBREVIATIONS ASYCUDA Automated System for Customs Data BiH Bosnia and Herzegovina BSEC Black Sea Economic Cooperation CAFAO Customs and Fiscal Office CAM-A/CAM-ES Customs AssistanceRead MoreExploring Corporate Strategy - Case164366 Words à |à 658 Pages22/10/2007 11:54 Page 597 CASE STUDIES ECS8C_C01.qxd 22/10/2007 11:54 Page 598 ECS8C_C01.qxd 22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extendRead MoreOnline Trading12832 Words à |à 52 Pagesform and electronic trading in case of IPO and corporate action such as rights, bonus. TWO TYPES OF DEPOSITORIES * National securities depositories Ltd.( NSDL) * Central depository services (INDIA)Ltd.(CDSL) NSDL was the first depository organisation promoted by UTI,IDBI AND NSE. Nsdl was set up to provide electronis depository facilities for securities being traded in capital market .the depository oridence was promulgated by the government of indiain September ,1995 The SEBI issued a guidelinesRead MoreInternational Financial Accounting155754 Words à |à 624 Pages(INTERNATIONAL) In this edition, approved by ACCA We discuss the best strategies for studying for ACCA exams We highlight the most important elements in the syllabus and the key skills you will need We signpost how each chapter links to the syllabus and the study guide We provide lots of exam focus points demonstrating what the examiner will want you to do We emphasise key points in regular fast forward summaries We test your knowledge of what you ve studied in quick quizzes We examine your understanding in
Wednesday, May 6, 2020
The Governesss Desire in Henry Jamess The Turn of the...
The Governesss Desire in Henry Jamess The Turn of the Screw nbsp; nbsp; Henry Jamess The Turn of the Screw paints a landscape that is ripe for psychoanalytic analysis. He has chosen language and syntax that symbolize his main characters psychological fragmentation and her futile attempt to mend herself. Many of Lacans theories emerge as the Governess reveals her motivations through her recollective narrative. nbsp; The Governess enters the Imaginary Stage of Lacans psychoanalysis theory when she sees herself in the mirror on her first night at Bly. She recalls,the long glasses in which, for the first time, I could see myself from head to foot... and as her idealized image gazes back, the Governess has nowâ⬠¦show more contentâ⬠¦The picture of Bly painted by the Governess pulsates with men who are not there; their absent presence agitates the Governesss anxiety over her own fragmentation. The master has abandoned her physically and emotionally, Miles has potential but is only a child, and Peter Quint is nothing more than air. Even though they are unavailable to her, the Governesss desire to be what these pseudo-men desire becomes the driving force behind her actions. nbsp; In order to please the master, the Governess makes it her mantra to carry out her agreement to in charge of Bly (a traditional male role and yet the Governess remarks, Well, I was strangely at the helm!)without engaging him in any of the messy details. In order to please Miles, the Governess indulges his late-night wanderings and until he brings up the subject, does not pester him with questions about his expulsion from school. To please Peter Quint, the Governess makes herself available to him by strolling alone across the grounds. None of these attempts to fulfill these imagined desires fulfills the Governess, of course, because unity of self is not possible. There is no phallic presence at Bly and according to Lacan, none is forthcoming. nbsp; Ironically, the other present characters at Bly are also fragmented and desire to fulfill the Governesss desires, if the narrative is reliable. Mrs. Grose, who could very well slap the Governess back intoShow MoreRelatedEssay Finding Meaning in The Turn of The Screw, by Henry James2788 Words à |à 12 Pagesglance, Bly appears to be a rather lonely place. The vividly bleak backdrop for The Turn of the Screw houses a handful of servants, two orphaned children, and ghosts who fade in and out of view. But there are others present who are less obtrusive yet just as influential as Peter Quint and Miss Jessel. Peering into and out of Blys windows and mirrors, engaging with the text and the lingering trace of author Henry James, a crowd of real and virtual readers hope to catch a glimpse of a specter orRead MoreSexual Repression in Turn of the Screw Essay975 Words à |à 4 Pagesduring the period, people took anything not specified in sexual connotations. Realizing this, the au thors of the time used this to their advantage and laid a heavy underlying sexual atmosphere as a basis for their stories. Henry James does just that in his Turn of the Screw. Though never directly stating so, his main character suffers from sexual repression that came along with her position in the Victorian age and eventually acts upon it, while the ghosts in the story then serve as protectionRead MoreHenry James, the Art of Fiction and the Turn on the Screw3624 Words à |à 15 Pages1. Henry Jamesââ¬â¢s theory of the novel, introduced in his critical essay The Art of Fiction, has been considered as ââ¬Å"playing an important part in the definition of the new conventions of the modernist novelâ⬠(Dobrinescu, 203). The theoryââ¬â¢s central point or main concern has to do with, as Hopkins considers, ââ¬Å"taking the novel (and, consequently, theoretical discussion of the novel) seriouslyâ⬠. For James, the novel corresponds to the ultimate art form and it should have a position the community as suchRead MoreEssay on Protecting Miles and Flora in The Turn of the Screw2242 Words à |à 9 PagesProtecting Miles and Flora in The Turn of the Screw ââ¬Å"I saw my service so strongly and simply. I was there to protect and defend the little creaturesâ⬠¦Ã¢â¬ The governess sees it as her duty to protect Miles and Flora. What do they need protection from and how does Henry James illustrate this in his novel ââ¬Å"The Turn of the Screwâ⬠? Henry Jamesââ¬â¢s ââ¬ËTurn of the Screwââ¬â¢ can be interpreted in many different ways. He constructed his novel in order to make allusions to sexual topics, (without stating
The Value Of Health Across Cultures Free Essays
Evaluating the Value of Health and Cultural Heritage across Cultures Culture and values are standards that influence and shape human behaviors, decision making processes, personal relationships, and status of health and happiness. The United States has become a symbol of a multicultural society representing many different ethnicities and minority groups. As our culture continues to grow rapidly so is the necessity to increase awareness, understanding, and tolerance of these diverse groups. We will write a custom essay sample on The Value Of Health Across Cultures or any similar topic only for you Order Now As health care providers we must understand the basic needs of our patients, whether they are black, white, green or purple, and the repercussions of prejudices and cultural insensitivities. Health care providers need to become responsive to the cultural values of different peoples and how these could augment effective and humanistic care delivery (Edelman, 2010). The Heritage Assessment Tools allows you to identify individual cultural beliefs and behaviors. These beliefs have shaped how we value health, the ways we maintain our health and the practice/acceptance of modern medicine. For example, if a patient identifies those relationships with family members or members from the community are highly valued then the nurse should consider lenience with the hospital visiting policy to meet the patients needs to maintain and restore their health. Many cultures value a caring holistic approach to medicine that incorporates family and supports systems to promote healing. Some cultures do not emphasis the practices of western medicine and utilize healers like priests, herbalists, or scientologist. By applying a heritage assessment in evaluating the needs of the patient as well as maintaining an open and understanding relationship of their culture, nurses can work to meet their needs in a holistic approach. How we have learned to take care of ourselves or our ââ¬Å"health maintenance ââ¬Å"varies from culture to culture. I grew up in a culture where regular exercise, watching what you ate, and ââ¬Å"being thin is inâ⬠were highly valued. I and most of my friends had retainers and braces to maintain the image of good health with a picture perfect smile. As kids we were all active and parents provided healthy snacks as well as well balanced meals. Fast food and take-out was a once-in-a-while indulgence. For ethnic groups, health as a value may have different definitions and their behavior may reflect this(Edelman, 2010). I interviewed a Hispanic female and her family about how her culture has influenced her maintenance of day-to-day health. Family is an important dynamic in her culture, putting everyone else in her family before herself. Her family has influence of her everyday decision making, sure her children and grown parents are always well taken care of. Diet is based on being able to provide for the family more than the value of the foods nutrients. She admits that fast food is a cheaper option for feeding her children than stocking up on healthy produce at the grocery store. Her home is shared with her husband, four children, and her two parents, so they are all involved in taking care of one another. I also had the opportunity to meet with a family that traveled from Saudi Arabia to receive cardiac evaluation and treatment at the world renowned Texas Medical Center. The adult male patient as his wife were very private and did express interest in developing personal relationship with their nurse, so most my assessment was made from conversations held with their daughter a practicing physician in the same hospital. She told me that health maintenance is highly valued and the government provides a number of health care services to the public. Those who can afford it will travel elsewhere for expert opinions and cutting edge treatments. In regards to their routine values of health maintenance, their family practices and beliefs are based from Islamic religion and culture. Islam promotes heath and wellness with meditation, proper diet, regular activity and cleanliness (bathing, fragrance, attention to hair and nails). Lastly, their culture strictly dictates the foods they eat as well as what is considered toxic or harmful to their health. The ways of preventing disease or ââ¬Å"health protectionâ⬠has made an impact on health care. Growing up with access to health insurance, routine doctors visits, vaccinations, and educational programs to promote heath and wellness such as the D. A. R. E program was normal practice. One of the biggest obstacles for the Hispanic family was not having access to affordable health are. Health care insurance is not affordable for many poor Americans, whose priorities are the basic needs of health including food, clothing, and shelter rather than health care(Edelman, 2010). They admit to not having good preventative health care like routine physicals, medication compliance, attending follow-up appointments, and regula r dental hygiene. Being hospitalized is often a last resort because of the finical stress is can cause because of lack of health insurance. In contrast to the Hispanic American family, the Saudi family viewed out of pocket expenses a low priority when considering health protection. This patient needed to have heart surgery and with support from immediate and extended family members in the United States, some practicing as physicians, this was the best option. Good health is often a sign of affluence and high social status. How individuals deal with disease and restore health is based from cultural beliefs and learned experiences. Learning from personal experience with my family members being hospitalized and being treated for disease, we are aggressive with treatment and expect the information and results quickly. We expect to have everything done to treat illness and when modern medicine fails we have a hard time accepting that reality because of our faith in the health care system, doctors, and nurses. The Islamic culture also encourages individuals to seek medical help and treatment. Religion plays a huge part in healing and health restoration. I witnessed my patient and his wife praying regularly. Family is also key for this culture, demonstrating strong ties with both immediate and extended family at the bedside involved in regular discussion with physicians and other health care providers. Being able to afford out of pocket expenses hey expect the highest level of expertise and excellence in care from their health care providers. Sometimes family members will contribute to these expenses. Hispanic cultures typically cater towards men, children, and the elders in the household. This Hispanic American female admits that even immediately after having her fourth baby, she was still the primary care giver to her children and homemaker/care taker of the household. Also, she admits that even though not having regular access to medical care this does not influence how she provides attention and nurtures her family members during times illness. Her culture has a strong emphasis on family and religion as well as practicing traditional home remedies. Being surrounded by family and prayer helps her and her family in times sickness and promotes healthy recovery. Based on the three different cultures evaluated there is one strong common value, family. Health traditions and beliefs are greatly influenced from learned family practices as well as from influential support systems. This century will continue to be a time of great challenges as the population of the U. S. continues to be a nation of diverse peoples(Edelman, 2010). Nurses continue to make many positive moves toward understanding culturally diverse populations (Edelman, 2010). As we have learned, culture is a very unique and complex set of values. By being aware of cultural differences and gaining cultural knowledge nurses can help promote and ensure a healthy society. How to cite The Value Of Health Across Cultures, Papers
The Value Of Health Across Cultures Free Essays
Evaluating the Value of Health and Cultural Heritage across Cultures Culture and values are standards that influence and shape human behaviors, decision making processes, personal relationships, and status of health and happiness. The United States has become a symbol of a multicultural society representing many different ethnicities and minority groups. As our culture continues to grow rapidly so is the necessity to increase awareness, understanding, and tolerance of these diverse groups. We will write a custom essay sample on The Value Of Health Across Cultures or any similar topic only for you Order Now As health care providers we must understand the basic needs of our patients, whether they are black, white, green or purple, and the repercussions of prejudices and cultural insensitivities. Health care providers need to become responsive to the cultural values of different peoples and how these could augment effective and humanistic care delivery (Edelman, 2010). The Heritage Assessment Tools allows you to identify individual cultural beliefs and behaviors. These beliefs have shaped how we value health, the ways we maintain our health and the practice/acceptance of modern medicine. For example, if a patient identifies those relationships with family members or members from the community are highly valued then the nurse should consider lenience with the hospital visiting policy to meet the patients needs to maintain and restore their health. Many cultures value a caring holistic approach to medicine that incorporates family and supports systems to promote healing. Some cultures do not emphasis the practices of western medicine and utilize healers like priests, herbalists, or scientologist. By applying a heritage assessment in evaluating the needs of the patient as well as maintaining an open and understanding relationship of their culture, nurses can work to meet their needs in a holistic approach. How we have learned to take care of ourselves or our ââ¬Å"health maintenance ââ¬Å"varies from culture to culture. I grew up in a culture where regular exercise, watching what you ate, and ââ¬Å"being thin is inâ⬠were highly valued. I and most of my friends had retainers and braces to maintain the image of good health with a picture perfect smile. As kids we were all active and parents provided healthy snacks as well as well balanced meals. Fast food and take-out was a once-in-a-while indulgence. For ethnic groups, health as a value may have different definitions and their behavior may reflect this(Edelman, 2010). I interviewed a Hispanic female and her family about how her culture has influenced her maintenance of day-to-day health. Family is an important dynamic in her culture, putting everyone else in her family before herself. Her family has influence of her everyday decision making, sure her children and grown parents are always well taken care of. Diet is based on being able to provide for the family more than the value of the foods nutrients. She admits that fast food is a cheaper option for feeding her children than stocking up on healthy produce at the grocery store. Her home is shared with her husband, four children, and her two parents, so they are all involved in taking care of one another. I also had the opportunity to meet with a family that traveled from Saudi Arabia to receive cardiac evaluation and treatment at the world renowned Texas Medical Center. The adult male patient as his wife were very private and did express interest in developing personal relationship with their nurse, so most my assessment was made from conversations held with their daughter a practicing physician in the same hospital. She told me that health maintenance is highly valued and the government provides a number of health care services to the public. Those who can afford it will travel elsewhere for expert opinions and cutting edge treatments. In regards to their routine values of health maintenance, their family practices and beliefs are based from Islamic religion and culture. Islam promotes heath and wellness with meditation, proper diet, regular activity and cleanliness (bathing, fragrance, attention to hair and nails). Lastly, their culture strictly dictates the foods they eat as well as what is considered toxic or harmful to their health. The ways of preventing disease or ââ¬Å"health protectionâ⬠has made an impact on health care. Growing up with access to health insurance, routine doctors visits, vaccinations, and educational programs to promote heath and wellness such as the D. A. R. E program was normal practice. One of the biggest obstacles for the Hispanic family was not having access to affordable health are. Health care insurance is not affordable for many poor Americans, whose priorities are the basic needs of health including food, clothing, and shelter rather than health care(Edelman, 2010). They admit to not having good preventative health care like routine physicals, medication compliance, attending follow-up appointments, and regula r dental hygiene. Being hospitalized is often a last resort because of the finical stress is can cause because of lack of health insurance. In contrast to the Hispanic American family, the Saudi family viewed out of pocket expenses a low priority when considering health protection. This patient needed to have heart surgery and with support from immediate and extended family members in the United States, some practicing as physicians, this was the best option. Good health is often a sign of affluence and high social status. How individuals deal with disease and restore health is based from cultural beliefs and learned experiences. Learning from personal experience with my family members being hospitalized and being treated for disease, we are aggressive with treatment and expect the information and results quickly. We expect to have everything done to treat illness and when modern medicine fails we have a hard time accepting that reality because of our faith in the health care system, doctors, and nurses. The Islamic culture also encourages individuals to seek medical help and treatment. Religion plays a huge part in healing and health restoration. I witnessed my patient and his wife praying regularly. Family is also key for this culture, demonstrating strong ties with both immediate and extended family at the bedside involved in regular discussion with physicians and other health care providers. Being able to afford out of pocket expenses hey expect the highest level of expertise and excellence in care from their health care providers. Sometimes family members will contribute to these expenses. Hispanic cultures typically cater towards men, children, and the elders in the household. This Hispanic American female admits that even immediately after having her fourth baby, she was still the primary care giver to her children and homemaker/care taker of the household. Also, she admits that even though not having regular access to medical care this does not influence how she provides attention and nurtures her family members during times illness. Her culture has a strong emphasis on family and religion as well as practicing traditional home remedies. Being surrounded by family and prayer helps her and her family in times sickness and promotes healthy recovery. Based on the three different cultures evaluated there is one strong common value, family. Health traditions and beliefs are greatly influenced from learned family practices as well as from influential support systems. This century will continue to be a time of great challenges as the population of the U. S. continues to be a nation of diverse peoples(Edelman, 2010). Nurses continue to make many positive moves toward understanding culturally diverse populations (Edelman, 2010). As we have learned, culture is a very unique and complex set of values. By being aware of cultural differences and gaining cultural knowledge nurses can help promote and ensure a healthy society. How to cite The Value Of Health Across Cultures, Papers
Saturday, April 25, 2020
Surfer dudes duds case free essay sample
During the Surfer Dudes case the going concern assumption and opinion an auditor might issue at the end of an audit are a focal point. It is brought up in relation to the audit of the Surfer dudes company. Whether or not to issue a going concern opinion is a tough decision and can have a serious effect on a company. Taking into account the relationship between the audit partner and CEO in this case the issue becomes even touchier. Going concern is an assumption that a particular company will be financially stable enough to continue and fulfill its obligations in the present and future. When an auditor issues a going concern opinion it is because this assumption is not met. An unqualified opinion is issued when all financial statements are thought to be free of material errors. Technically a company could have financial statements free from material errors and deserving of an unqualified opinion but still not meet the requirements of the going concern assumption and therefore have a going concern opinion issued by the auditor. We will write a custom essay sample on Surfer dudes duds case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page While deciding whether a going concern opinion is appropriate there are several types of information the auditor should consider. The auditor would need to decide from the information they gathered over the course of their audit whether or not they believe there is substantial doubt that the company will continue as a going concern. If the auditor does have substantial doubt they would then discuss with management any plans that they might have to turn things around. After these considerations they would then decide whether or not there is still substantial doubt that the company will continue as a going concern. If there is they then would disclose this and write an explanatory paragraph. If there no longer is considered to be substantial doubt they would then decide whether or not disclosure is necessary. There are many different audit procedures an auditor could perform to decide the appropriateness of a going concern opinion. Some of these are; analytical procedures, review of su bsequent events and terms of debt agreements, as well as an inquiry into legal issues and others. Surfer Dude is currently struggling financially and the auditor has substantial doubt that they will continue as a going concern. If he is to issue a going concern opinion with an explanatory paragraph this might become a self-fulfilling prophecy for Surfer Dude. Even though they are not doing well now, issuing a going concern opinion might cause customers, lenders, and creditors to shy away from doing business with the company causing a very negative affect by completely dooming any chance they had at turning things around. This would then prove the substantial doubt about the company continuing as a going concern to be true. There might be several implications an audit firm would face in the case of Surfer Dudes if they issued an unqualified report without a going concern explanatory paragraph. One of these would be possible litigation from lenders and creditors who relied on their audit opinion. Another might be litigation from Surfer Dudes themselves claiming the audit firm didnââ¬â¢t inform them about their going concern and therefore didnââ¬â¢t allow for them to make necessary changes. Another alternative is that Surfer Dudes might turn the company around and no one will be affected by the absence of a going concern explanatory paragraph. Taking into account everything concerning the Surfer Dudes case Mark should try to come up with a strong argument to convince George issuing a going concern opinion is the right thing to do. He should explain how this would allow George to sit down with the audit firm and discuss plans to turn things around; as well as giving customers, and creditorââ¬â¢s faith that Surfer Dudes is reliable in disclosing important information. CONTENT REQUIREMENTS What is a going concern opinion and what does it mean? How is it dif Requirement 1 ferent than an unqualified audit opinion? (3 pts) Requirement 2 What are the types of information the auditor should consider when determining whether a going concern opinion is appropriate? What audit procedures might an auditor perform to determine the appropriateness of the going concern opinion? (5 pts) Requirement 3 How might a going concern opinion become a ââ¬Å"self-fulfillingâ⬠prophecy for Surfer Dude? (4 pts) Requirement 4 What are the potential implications to the audit firm if they issue an unqualified opinion without the going concern explanatory paragraph? (4 pts) Requirement 5 How might Mark convince George that a going concern opinion is in the best interests of all parties involved? Give some arguments that Mark might make. (4 pts) WRITING REQUIREMENTS Requirement 1 You MUST include the following in your paper. Underline them, bold them, or italicize them so I can find them easily. Use both ââ¬Å"effectâ⬠and ââ¬Å"affectâ⬠Use a semi-colon twice Requirement 2 Include a proper introduction and a proper conclusion for this paper. In addition, ensure that this paper is cohesive throughout and paragraphs flow from one to another. This should read like one comprehensive essay rather than answers to specific requirements. Writing Restrictions for this assignment: Any spelling/punctuation requirement included on a prior assignment will also be reviewed for accuracy if included in this paper. For example, since ââ¬Å"thanâ⬠and ââ¬Å"thenâ⬠were included on the first assignment, if you use either in this assignment, they must be spelled correctly. Read ââ¬Å"On Writingâ⬠for the things I will be looking for in your writing 12-point font Double-spaced Two page maximum
Wednesday, March 18, 2020
Johnson Johnson SWOT Analysis
Johnson Johnson SWOT Analysis Introduction Johnson Johnson is an American company manufacturing pharmaceuticals, medical devices, and consumer packaged goods worldwide. It was founded in New Brunswick, New Jersey, in 1886; its headquarters are still there though it has subsidiary companies all over the globe. The company name is synonymous with its baby care products though it has wide range of products not only pharmaceutical but also in the allied segments of diagnostic devices and surgery.Advertising We will write a custom critical writing sample on Johnson Johnson SWOT Analysis specifically for you for only $16.05 $11/page Learn More Their well-known OTC products are Tylenol, Motrin, Johnsonââ¬â¢s baby oil, visine, Bengay, Neutrogenga skin care products and Band-Aid bandages (MBA Lectures, 2010). After starting in 1896, the company expanded first to Canada in 1919 and later to Britain in 1924. Its public launch was in 1944 listing with the New York Stock Exchange. Its strategic acquisition started with Neutrogena in 1994 and Depuy in 1998. During the period from 1989 to 1999, the company had 45 acquisitions to its credit. Johnson Johnson began to help doctors and nurses to use sterile sutures, dressings and bandages in the treatment of wounds. This fuelled further innovative ideas to be introduced from time to time ever since. (Marketing Teacher.com, n.d). Keeping its responsibility towards environment, the company formulated in its vision statement that it should use the resources that are environmental friendly. Its major products of traditional production are Band-Aids, Listerine and Baby Lotion. As part of its healthy planet program, it sets up new long term goals every five years Their long term goals include direct purchase of low cost hydro and wind power, and acquiring on-site solar power and land fill gas. It is also maintaining the largest fleet of hybrid vehicles throughout the world (Boone and Kurtz, 2011). The Company is still remembered for its response to people who died of cyanide poisoning of its Tylenol capsules as sabotage. The quick withdrawal of Tylenol from the market alone cost the company half a billion dollars as moving cost. Ethical practices of the company are proving to be its competitive advantage (Williams, 2011). Strengths:Advertising Looking for critical writing on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Workforce of 118,000 employees. Presence in 60 countries. More than 250 operating companies. The 8th largest pharmaceutical business and the 6th largest biotech business in the world. Recognized by the United Nations as the Humanitarian of the year for 2011 for the work of philanthropy touching lives of billions of peopleââ¬â¢s basic health care. Reported strong progress in the first of five year pledge to help save and improve lives of 120 million women and children in developing countries as part of the United Nation s Millennium Development Goals. Increasing sales of $ 61.1 bn in 2007, $ 63.7 bn in 2008, $ 61.9 bn in 2009, $ 61.6 bn in 2010 and $ 65 bn in 2011. Increased dividends paid per share $ 1.620 (2007), $ 1.795 (2008), $ 1.930 (2009), $ 2.110 (2010) and $ 2.250 (2011). Development of new treatment for prostate cancer. 125 years of experience. A number of new innovative products to meet the unmet health care needs across the world. Strong product portfolios in immunology, oncology, surgical devices and emerging markets. Scientific innovation. Well positioned to grow and increase market leadership. Delivering sustainable growth for shareholders. Business restructured to manage cost structure, simplify business operations. Nine major approvals for new pharmaceutical products in the U.S. obtained as a result of continued research and development for the last five years incurring over $ 37 billion. The new products include STELERA and SIMPONI in immunology, PREZISTA, INTELENCE in HIV, ZYTIGA in oncology, XARELTO in cardiovascular disease segments. R D efforts in the segment of Medical Devices and Diagnostics (MD D) and consumer platforms, such as contact lenses, electrophysiology, advanced energy, biosurgicals, oral care, and skin care. These amount to $ 7.5 billion. New technologies for replenishment of certain segments. E.g., Fibrin Pad, canaglifozin and bapineuzumab are produced for treatment of hemostasis, diabetes, and Alzheimerââ¬â¢s disease respectively. Sizeable amount of capital reserves returned by of refund of shares and payment of retained dividends that further strengthened financial parameters. Pfizer Consumer Healthcare and Beijing Dabao Cosmetics Company Ltd in the Consumer business segment acquisitioned as part of companyââ¬â¢s long term strategy. These were companyââ¬â¢s strategic alliances to improve its market and competitive advantage. Crucell N.V. and Elan Corporation Plc were introduced in pharmaceutical business segment, pending acqui sition of Synthes, Inc were applied in MDD business. Ingenuity, resiliency, tenacity, integrity and compassion shown by the people of Johnson Johnson during the period of industry and global changes. Growth in adjusted earnings for the 28th consecutive year. It amounted to $ 13.9 billion, and adjusted earnings per share were $ 5. Worldwide sales of $ 65.0 billion reflecting an increase of 5.6 % from previous year. Development of ââ¬Å"telaprevirâ⬠in partnership with Vertex Pharmaceuticals, which was approved in 2011 and set to meet the needs of treatment of hepatitis C affecting 170 million people all over the world. It is already in the market under the brand name IN CIVO in Europe. Making alliance with Bayer Healthcare. Due to that, drug by name XARELTO was introduced by the company in 2011. It is for the cure of complications arising out knee or hip replacement procedures. This medecine can also be administered to avoid stroke and systemic embolism in people suffering fro m nonvalvular atrial fibrillation. Broad based business and expertise. These allowed to create devices like blood glucose monitors, insulin pumps, and develop new drugs like canagliflozin. Nutritional products, such as SPLENDA sweeteners, brought out through Consumer Wellness and Prevention business. 70 % of sales. This rate is attributed to two products having No. 1 and No.2 global market share positions. 25 % of sales from the new products launched in the last five years. Maintained AAA credit rating. Paid increased dividend to shareholders for the 49th consecutive year. Generated a free cash flow of about $ 11.4 billion. Exceeded Standard Poorââ¬Ës 500 and Dow Jones Industrial Average in respect of one year shareholder return at nearly 10 percent. The above comparison has been maintained over a long period. The company remains an investment choice for several decades (Johnson Johnson 2011). Johnson and Johnson was the first to introduce a sterilizing technique for catgut su tures. It was the companyââ¬â¢s first major product. In the U.S., the company is able to keep their price increase in tune with Consumer Price Index (CPI). It is able to prevail upon the governments for differential pricing of its products so as to make its goods reach different segments of population. Thus, the company has agreement with the U.K. in respect of its product VELCADE meant for the treatment of multiple myelama. Another agreement was made with France for RISPERDAL and CONSTA for treatment of schizophrenia. Various companies and governments have also entered into agreements with the company for various risk sharing arrangements (Marketing Teacher.com, n.d). The company is able to offer discount for their baby care products and contact lens. Its promotional campaign ââ¬Å"Beauty for all Agesâ⬠has been quite popular at Wallgreens. The company is involved in helping manage many cases, such as healthy life styles. There were a lot of programs to promote a healthy l iving, such as the campaign for Nursingââ¬â¢s future, Having a Baby Changes Things and Because We Care We Act. Its decentralized management approach gives its employees an entrepreneurial feel of the belief that they succeed to meet the customer needs and provide them with solutions (Marketing Teacher.com, n.d).Advertising We will write a custom critical writing sample on Johnson Johnson SWOT Analysis specifically for you for only $16.05 $11/page Learn More Weaknesses: Uncertain macroeconomic conditions; Patent expiration in two years for two of the companyââ¬â¢s major drugs, Risperdal and Topmax which gained $ 6 billion in sales; Severe economic conditions that restrict consumer spending; Quality issues related to over-the-counter products at McNeil Consumer Healthcare; Recall of the DePuy ASR Hip system. As on January 1, 2012, the company is facing numerous product liability cases. Damages claimed are substantial although companyââ¬â¢s warning s and instructions were adequate enough to counter such claims. Yet it is difficult to predict the litigation outcomes. Approximately, there are 3,800 claimants for injuries due to LEVAQUIN, 4,700 in respect of ASRâ⠢ XL Acetabular System and DePuy ASRâ⠢ Hip Resurfacing System, 860 for PINNACLE, 420 for RISPERDAL, 480 for pelvic meshes, 95 for CYPHER stent and 60 for DURAGESIC. Johnson Johnsonââ¬â¢s subsidiaries are facing intellectual property lawsuits in respect of Medical Devices and Diagnostics. In 2004, Tyco Healthcare Group LP (Tyco) and the U.S. Surgical Corporation sued Ethicon Endo-Surgery, Inc for infringement of four of TYCO patents by the companyââ¬â¢s product EESââ¬â¢s HRAMONIC Scalpel in the U.S. District Court of Connecticut. Although the case was dismissed on the ground that TYCO did not own the patents, and the dismissal without prejudice also was affirmed in appeal, TYCO has filed complaint of similar infringements in the same court for monetary damages and injunctive relief in 2010. The case is expected to be heard in May 2012. Cordis Corporation filed lawsuits in New Jersey and Delaware courts against Guidant Corporation, Abbott Laboratories, Boston Scientific Corporation, Meditronic Ave in 2006 complaining that companyââ¬â¢s Xience V (Abbott), Promus (Boston Scientific) and Endeavor (Meditronic) infringed several of their Cordisââ¬â¢s Wright/Falotico patents. Courts found the claims invalid, and they were also affirmed in appeals in one of the cases for lack of written description and written enablement. In 2007, Bruce Saffran sued for patent infringement against Johnson Johnson and Cordis in Texas court for infringement of the US Patent No. 5,653, 760. Court found in 2011 that Cordis infringed a patent issued to Saffran who was awarded with $ 482 million. Cordis was also ordered to pay $ 111 in addition in 2011 as pre-judgment interest. Cordis appealed, and the company has not made any accrual in this regard sinc e it believes that there is no unfavorable outcome.Advertising Looking for critical writing on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In 2007, Rosche diagnostics filed lawsuit for patent infringement against Life Scan Inc. in Delaware Court for the reason that LifeScanââ¬â¢s blood glucose monitoring system infringed two of its patents related to the sue of microelectrode sensors. Lifescan obtained a favorable judgment. On appeal by Roche, appeal court has remanded the case for hearing on new findings. In 2008, Cordis filed lawsuit against Guidant, Abbott, Boston Scientific andMedtronic alleging that the Xience Vâ⠢ (Abbott), Promusâ⠢ (Boston Scientific) and Endeavorà ® (Medtronic) infringed their Wyeth (now Pfizer) Morris patents. In January 2012, court summed up in the favour the defendants for lack of enablement and failure to describe the full scope of the invention sufficiently. Cordis is likely to appeal. Similar lawsuits were brought by Rembrandt Vision Technologies L.P. in 2009. Howmedica Osteonics Corp and Styker Ireland Ltd filed lawsuits for patent infringements in Texas and New Jersey Court s respectively in 2011. Trials are pending. Companyââ¬â¢s subsidiaries have instituted lawsuits in respect of pharmaceutical patent infringements starting from 2007 till date. Similarly lawsuits are also pending against the companyââ¬â¢s subsidiaries (Johnson Johnson 2011). Opportunities: Ageing of the world population contributes to more spending on health care costs. International presence and outward growth help the company avail of the opportunities for additional business emerging from global health care reforms. Cancers, mental health disorders, diabetes, heart disease, stroke, rheumatoid arthritis, and HIV present opportunities in the unmet medical needs. These give chances to control the market where the company has presence and can make investments to gain leadership. Health care reforms evolving around the world requiring more cost effective health care solutions by the government payers and regulators present opportunities to make investments in personalized medic ine, companion diagnostics in the fields of oncology and anti-psychotics. There are also new opportunities through acquisitions for new technologies, such as the product REVIVE SE device which saved the life of Mrs. Wecker through full recovery from her stroke. Similarly, companyââ¬â¢s oncologist Bill Hait was saved from the use of newly introduced blood clot retrieval and removal device. Fibrin pad was developed through collaboration with Israel based Omrix Pharmaceuticals Ltd in the treatment of surgical bleeding. Sustained regulatory environment with a view of saving lives, mitigating patientsââ¬â¢ sufferings, and addressing unmet medical needs allows to make innovations. Company supports strong regulatory presence since it ensures patient safety, and fast approvals of lifesaving medicines (Johnson Johnson 2011). Threats: Slowdown in economic growth, fluctuations in financial markets, increased unemployment and pressure on heath care costs have a negative impact on healt h care spending (Johnson Johnson 2011). There is regulatory high-handedness. Its global competitors are able to offer substitute products at lesser prices. Established pharmaceutical products with brand selling face major threats from generic manufacturers from local markets. Bio-technology may wipe out pharmaceutical technology in future. There exist regulatory pressures of different kinds in different countries (MBA Lectures 2010). Strengths: Even before the advent of the 20th century, Johnson Johnson became an enterprise with international presence. It is credited with customer satisfaction and robust R D facilities. Large scale operations have helped the company minimize expenditure and become more competitive. Brand image, brand loyalty, and long standing customers are the plus points for the company. It commands world wide presence with as many as 250 subsidiary companies operating in about 57 companies. The companyââ¬â¢s products are represented in 175 countries as in 2008, and its annual sales revenue for the year ended in 2011 is $ 65,030 millions. The company has been able to differentiate from its competitors. With vast diversification in pharmaceuticals, medical devices, and consumer packaged goods, the company enjoys the competitive advantage over the others. Johnson Johnson has more than 29,925 internet domains associated with Internet and technology organizations having web presence (MBA Lectures, 2010). Strategic acquisitions mean that its stable financial position has enabled Johnson Johnson to make timely acquisitions utilizing its cash reserves. Its triple ââ¬âA credit rating indicates its ability to seize opportunities by remaining free from financial debt burden. Product diversification has enabled the company to avoid dependence on any particular market segment or product portfolio. Its long range plans of diversification are set to be completed by 2014. Positive revenue growth projections include that the new products launc hed will more than compensate its decline in revenues from prescription pharmaceutical market, and an increase of 1.8 % in 2008-14 is sure to be achieved (Marketing Teacher.com, n.d). Weaknesses: On April 30, 2010, Johnson Johnsonââ¬â¢s subsidiary company had to recall 43 kinds of OTC medicines that include Benadr, Tylenol Plus, Tylenol and Zyrtec. In 2010, Johnson Johnson was sued by the U.S. government unethical distribution of drugs to dementia patients through Omnicare. Several of its products are outdated due to patents or copy rights expiry. The company incurs heavily on expenditures related to information gathering having no value added output or input. Due to its copyright expirations, the company is facing lot of pressure to reduce its prices. Company is largely dependant on revenues from Risperdal and CNS (MBA Lectures 2010). Its new products recently launched are subject to uncertainties of market forces and regulatory overview. Reliance on small molecule drugs, wh ich are subject to competition from generics market, puts the company at a disadvantage (Marketing Teacher.com, n.d). Opportunities: The companyââ¬â¢s acquisition of Pfizer will add to its growth substantially. Johnson Johnson enjoys competitive edge to enhance its market capture by way of innovative products and sustained product development. The company has been leveraging its international presence with the strategies of joint ventures and acquisitions. Its foray into diagnostics and medical devices markets helps promote the growth of its markets. Growth in the economy round the corner promises increased customer spending which will in turn reflect in companyââ¬â¢s enhanced sales revenues. The company has the unique synergistic advantage in maximizing its revenues through acquisitions of diverse range of companies (MBA Lectures 2010) Cross selling opportunities abound due to its strategic acquisitions and strategic positioning. The disease life cycle presents unlimited g rowth opportunities in the segments of Cardiovascular, oncology, diabetes and I I therapy. Market for biological products has a huge potential not only to compensate its loss of market due to patents expiry on molecules. A biological major has already joined hands with the company in 2009 to develop and commercially exploit the items, such as therapeutic proteins Procrit, Natrcor, and monoclonal antibodies, such as Remicade, Reopro, Simponi, and Stelara. These provide the company with the intellectual property rights opportunities so as to strengthen its discovery rights (Marketing Teacher.com, n.d.; Johnson Johnson SWOT Analysis, n.d.). Threats: There is a regulatory high-handedness. Its global competitors are able to offer substitute products at lesser prices. Established pharmaceutical products with brand selling face major threats from generic manufacturers to local markets. Bio-technology may wipe out pharmaceutical technology in the future. There exist regulatory pressures of different kinds in different countries (MBA Lectures 2010). References Boone, L.E. Kurtz, D.L. (2011). Contemporary Business, U.S.A.: John Wiley Sons. Johnson Johnson. (2011). Annual Report. Retrieved from investor.jnj.com/2011annualreport/index.html April 27, 2012 Johnson Johnson SWOT Analysis. (n.d). Retrieved from businessteacher.org.uk/business-resources/swot-analysis-database/johnson-johnson-swot-analysis/ MBA Lectures (2010) SWOT Analysis of Johnson Johnson. Retrieved from http://mba-lectures.com/marketing/swot-analysis-marketing/1109/swot-analysis-of-johnson-johnson.html Marketing Teacher.com (n.d.). SWOT Analysis of Johnson Johnson, Retrieved from marketingteacher.com/swot/johnson-and-johnson-swot.html Williams, C. (2011). Management . Ohio, USA: Cengage Learning.
Monday, March 2, 2020
Tips to Manage Disruptive Behavior in the Classroom
Tips to Manage Disruptive Behavior in the Classroom Teaching adults is very different from teaching children. If you are new to teaching adults, you have hopefully been provided with training in this area, but if not, take steps to prepare yourself. Start with crucial skills and principles for teachers of adults. Establishing Norms Setting classroom norms is one of the best methods of classroom management. Hang a flip chart or poster, or dedicate a section of the whiteboard, if you have space,Ã and list expected classroom behaviors for everyone to see. Refer to this list when disruptions occur. Using a flip chart or whiteboard can be especially useful because you can involve students in the construction of the list on the first day. Start with a few of your own expectations and ask the group for additional suggestions. When you all agree on how you want the classroom to be managed, disruptions are minimal. List of Norms Start and end on timeTurn off or silence cell phonesSave texting for breaksRespect the contributions of othersBe open to new ideasResolve differences calmlyStay on topic Saving Questions for Later Its always a good idea to address questions of any kind when they occur because curiosity provides fabulous teaching moments, but sometimes it just isnt appropriate to get off track. Many teachers use a flip chart or whiteboard as a holding place for such questions to ensure theyre not forgotten. Call your holding place something appropriate to your topic. Be creative. When a question being held is eventually answered, mark it off the list. Managing Mild Disruptions Unless youve got a completely obnoxious student in your classroom, chances are good that disruptions, when they do occur, will be fairly mild and call for mild management techniques. These include disruptions like chatting in the back of the room, texting, or someone who is argumentative or disrespectful. Try one, or more of the following tactics: Make eye contact with the disruptive person.Remind the group of the agreed-upon norms.Move toward the disruptive person.Stand directly in front of the person.Be silent and wait for the disruption to end.Acknowledge the input, put it in your parking lot if appropriate, and move on.You may be right.Thanks for your comment.How about if we park that comment and come back to it later?Ask for help from the group.What does everyone else think?Rearrange the seating if you think it will help.Call for a break. Handling Persistent Disruptions For more serious problems, or if the disruption persists, rely on these steps to conflict resolution: Speak with the person privately.Confront the behavior, not the person.Speak for yourself only, not the class.Seek to understand the reason for the disruption.Ask the person to recommend a solution.Review your expectations of classroom behavior, if necessary.Try to get agreement on expected norms.Explain any consequences of continued disruptions. Sharing Challenges Its generally unprofessional to share frustrations about individual students with other teachers who may be influenced toward that person in the future. This doesnt mean you cant consult with others, but you should choose your confidants carefully.
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