Reaction Paper on Personality Thoery - 1037 Words

If you were in this situation, how would you explain this mistake? Many of us might blame the slip on distraction or describe it as a simple accident. However, a psychoanalytic theorist might tell you that this is much more than a random accident. The psychoanalytic view holds that there are inner forces outside of your awareness that are directing your behavior. For example, a psychoanalyst might say that James misspoke due to unresolved feelings for his ex or perhaps because of misgivings about his new relationship. The founder of psychoanalytic theory was Sigmund Freud. While his theories were considered shocking at the time and continue to create debate and controversy, his work had a profound influence on a number of disciplines,†¦show more content†¦In many cases, the id s impulses can be satisfied through a process of delayed gratification--the ego will eventually allow the behavior, but only in the appropriate time and place. The ego also discharges tension created by unmet impulses through the secondary process, in which the ego tries to find an object in the real world that matches the mental image created by the id s primary process. The Superego The last component of personality to develop is the superego. The superego is the aspect of personality that holds all of our internalized moral standards and ideals that we acquire from both parents and society--our sense of right and wrong. The superego provides guidelines for making judgments. According to Freud, the superego begins to emerge at around age five. There are two parts of the superego: 1. The ego ideal includes the rules and standards for good behaviors. These behaviors include those which are approved of by parental and other authority figures. Obeying these rules leads to feelings of pride, value and accomplishment. 2. The conscience includes information about things that are viewed as bad by parents and society. These behaviors are often forbidden and lead to bad consequences, punishments or feelings of guilt and remorse. The superego acts to perfect and civilize our behavior. It works to suppress all unacceptable urges of the idShow MoreRelatedMANAGEMENTOF PERCEIVED STRESSORS AMONG RADTECH INTERNS OF ST. JUDE COLLEGE YEAR 2009-2010 IN TWO HOSPITALS NAMELY PHILIPPINE ORTHOPEDIC CENTER AND ST. LUKE’S MEDICAL CENTER7382 Words   |  30 PagesRRT __________________________ Prof. JENERLITO CASAJE, RRT ACKNOWLEDGEMENT Doing this research is not easy. We experienced difficulties doing the research paper, but despite the hard times, we finally did it. We take this opportunity to express our sincere gratitude to the following that helped in the completion of this paper. To Dra. Mary Ann Pasicatan-Aggrao, our professor, for her willingness and kindness in guiding us all throughout, and for teaching us all the steps and guidelines in

Warehousing in Supply Chain Free Essays

WAREHOUSING IN SUPPLY CHAIN Introduction Warehousing is one of the most important and critical logistic activities in industrial and service systems. A few production philosophies, e. g. We will write a custom essay sample on Warehousing in Supply Chain or any similar topic only for you Order Now just in time (JIT) and lean manufacturing, propose and support the so-called ‘‘zero stock’’ as basic and strategic pillar. Also manufacturing requirement planning (MRP), the well known and widely adopted ‘‘push-’’ based full? lment technique, theoretically guarantees no storage quantities when the ‘‘lot for lot’’ reorder policy is adopted. Nevertheless, these special production systems do not operate in absence of warehousing systems that support and smooth the discontinuity ? ow of materials, products and components, at the input and at the bottom of a generic production stage. Warehousing activities and storage systems are necessary! This is true in many industrial and not industrial sectors: from automotive to tile industry passing from food industry, health care production systems, service sectors (e. g. banks, universities, hospitals), etc. Obviously, warehousing is the core activity of logistic providers, usually specialized in distribution activities including storage and transportation issues. In special sectors, like the food industry and the health care supply chains, warehousing means storage systems in critical operating conditions, e. g. controlled temperature and/or humidity levels, by the management of fresh and perishable products. The storage systems signi? cantly affect the level of quality of products, the customer’s service level, and the global logistic cost. Just an example: the food industry. Warehousing and transportation issues signi? cantly affect the level of quality of foodstuffs at the consumer’s location, especially when production plants and ? nal points of demand (consumers’ locations) are far away and frequently located in different countries. The mission of warehousing is the same of the discipline ‘‘logistics’’: to effectively ship products in the right place, at the right time, and in the right quantity without any damages or alterations. Important keywords in warehousing and storage systems are: safety, quality, availability, cost saving, customer service level, traceability, picking, automation, ful? llment, travel time, etc. With increased globalization and offshore sourcing, global supply chain management is becoming an important issue for many businesses. Global supply chain management involves a company’s worldwide interests and suppliers rather than simply a local or national orientation. This is the operational arena of warehouses in most complex production systems. THE ROLES OF WAREHOUSE IN THE SUPPLY CHAIN Warehouse play vital roles in the supply chain. The warehouse is not only a facility where a company can store their products, but the warehouse offers inventory management, physical inventory counts and shipping functionality. The warehouse charges their clients for a certain rate for the goods stored, the volume of the warehouse used and the services the client wishes to use. The company using the warehouse does not have to employ warehouse staff, does not require any inventory software or warehouse equipment. The owner of the warehouse is responsible for the costs and passes this on to their clients based on the rate they are charged. The warehousing functionality today is much more than the traditional function of storage. The main function that warehousing serves today are hold raw material at or near the point of induction into a manufacturing or assembly process. The work-in-process warehouses hold partially completed assemblies and products at various points along an assembly or production line. Besides, the finished goods warehouse hold inventory used to balance and buffer the variation between production and schedules and demand. For this purpose, the warehouse is usually located near the point of manufacture and is often characterized by the flow of full pallets in and full pallets out, assuming that product size and volume warrant pallet-sized loads. A warehouse serving only this function may have demands ranging from monthly to quarterly replenishment of stock to the next level of distribution. Edward Frazelle. (2001) claims that distribution warehouses and distribution centers accumulate and consolidate products from various points of manufacture within a single firm, or from several firms, for combined shipment to common customers. Such as warehouse may be located central to either the production locations or the customer base. Product movement may be typified by full pallets or cases or broken case quantities out. The facility is typically responding to regular weekly or monthly orders. Warehouse also receive, pick, and ship small orders for individual consumers. As a fulfillment warehouse and fulfillment centers. The local warehouse, distributed in the field in order to shorten transportation distances to permit rapid response to customer demand. Frequently, single items are picked, and the same item may be shipped to the customer every day. The value –added service warehouse serve as the facility where key product customization activities are executed, including packaging, labeling, marking, pricing and returns processing. According to Edward Frazelle. (2001) the figure below illustrates warehouse performing these functions in a logistics network. Unfortunately, in many of today’s networks, a single item will pass in and out of warehouse serving each of these functions between the point of manufacturer and the customer. When feasible, two or more missions should be combined in the same warehousing operation, and handling steps in the chain should be minimized. Current changes in the availability and cost of transportation options make combining activities in a single location and link skipping possible for many products. In particular, small high-value items with unpredictable demand are frequently shipped worldwide froma single source using overnight delivery services. Figure : the roles of a warehouse in logistics and supply chain management. Cliff Otto (2010) is of the opinion that Cross-docking as manufacturers seek ways to move products more efficiently and cost-effectively, many are ediscovering cross-docking—moving product directly from receiving to shipping with little or no inventory and minimal handling. The process is resurfacing as a way to take costs out of the supply chain, accelerate inventory velocity, and improve service levels. While historically used for durable goods, high turn rates and reduced handling make cross-docking an effective solution for everything from perishable products to high-value/high-security g oods. The process helps get product to market quickly and economically while reducing the need for warehouse space and inventory carry costs. In simple words, warehouses are used by manufacturers,  exporters, wholesalers, retailers,  transport businesses, customs (exporters, Importers), etc. They are usually large plain buildings, equipped with loading docks to load and unload consignment from trucks. Based upon the size of the goods and volume of operation they also often have cranes and forklifts for moving goods, which are usually placed on ISO standard pallets. Warehouse is a facility where the supply chain holds or stores goods, until they are needed by the customers. Warehouse can be owned by manufactures, wholesalers, retailers to store the goods. In my opinion, the role of warehousing and storage has changed drastically as customer and vendor compliance issues have come to surface and a greater emphasis has been placed on operations and customer satisfaction. There are more demands and expectations in today’s industry. The management of warehousing operations requires a unique combination of engineering, IT, human resources and supply chain skills. Motorsense offers an integrated warehouse solution that incorporates all the above to give a cost effective solution with the added benefit of stock reworking, returns management, sub-assembly and repackaging. REFERENCES 1. Manzini, Riccardo. (2012) Warehousing in the Global Supply Chain. Bologna: Springer 2. Martin Murray. Public Warehousing In The Supply Chain. About. com Guide 3. Edward Frazelle. (2001) World-Class Warehousing and Material Handling. McGraw-Hill Prof Med/Tech 4. Radhakrishnan. (2010) Logistics – Warehouse Management (Part I). 5. David K. Ecklund. (2010) Warehousing Efficiency and Effectiveness in the Supply Chain Process. Supply Chain Management Review 6. G Raghuram. Warehousing to Supply Chain Management -Complementary or Supplementary. Indian Institute of Management, Ahmedabad How to cite Warehousing in Supply Chain, Essay examples

Financial Management of Wesfarmers-Free-Samples for Students

Question: Discuss about the Financial Management of Wesfarmers. Answer: Introduction The main aim of this report is to analyze and evacuate different factors related to the industry of Wesfarmers. The report also aims to analyze and value different kinds of strategies of Wesfarmers. Wesfarmers is one of the major conglomerates of Australia and the company operates in the retail industry of Australia (wesfarmers.com.au 2018). This report analyzes the major strategies of Wesfarners. Industry Overview The Australian retain industry is one of the largest industries contributing largely towards the development of Australian economy. Economic and social development of Australia is well supporting the continuous growth of the Australian retain industry. Apart from this, rising population and increased purchasing power of the customers is also providing boost to the Australian retain industry. In the recent year, the Australian retail industry registered $169 billion as a total revenue; and the annual growth of this industry from 2013 to 2018 is 0.7% (abs.gov.au 2018). Australian retail industry is a major source of employment in this country as 705,302 numbers of Australians are currently employed in this industry. Economic Environment Some major economic factors have major negative influence on the business growth of Wesfarmers; they are rate of interest, exchange rate, rate of inflation and others. In addition, the slow growth rate of this industry is another major hindrance for the growth of Wesfarmers. Apart from this, different government policies like Competition and Consumer Act 2010, Australian Consumer Law, Commerce (Trade Description) Legislation and others have influence on the business operations of Wesfarmers (business.gov.au 2018). Moreover, the wage rate of Australian retain market is higher when compared to the global market and it negatively affects the business of Wesfarmers. Competitive Environment It needs to be mentioned that Wesfarmers operates in a very competitive industry where there is the exeiancer of some major competitors of the company; they are Woolworths. Metcash Limited, Cantex Australia Limited, ALDI and others. In the presence of this intense competition, Wes fames become forced to lower the price of their products and this aspect affects the profitability of the company. Moreover, the long-term growth and long-term profitability of Wesfarmers gets affected in the presence of this intense competition (Kotler 2015). Influence of Industry Structure on Financial Management It needs to be mentioned that the industry structure of Wesfarmers has influence on the financial management of Wesfarmers. The business organizations under retain industry structure of Australia have to incur huge amount of expenses and there is an increasing trend in this expenses. For this reason, Wesfarmers needs to employee effective financial strategies for the management of expenses. Apart from this, Wesfarmers has to incur different kinds of costs for their business like direct cost, administrative cost and others. Thus, the adoption of correct cost cutting system is required to be implemented as a part of financial management. Apart from this, the industry structure has also influence on other aspects of financial management (Brigham and Ehrhardt 2013). Threat and Opportunities The presence of some major opportunities can be seen for the business of Wesfarmers. Considering the worldwide growth of retail market, Wesfarmers has the opportunity expand their business outside Australia. In addition, there is a large opportunity for Wesfarmers to register effective growth in the online segment. Moreover, the company can diversify their business into new segments and products. In this case, excessive competition from the existing competitors is creating major a major threat for the company. Another major threat is the effect of world economic downturn that leads to the decreased confidence and purchasing power of the customers. The offering of specialized products by the competitors is also posing threat for the business of Wesfarmers (Yuan 2013). Drivers of Income, Cost and Profit There are some major drivers of income, cost and profit in Wesfarmers and they are called as Growth Enablers. The first driver is the presence of outstanding people as the company always involves in attracting and utilizing outstanding people for the growth of the company. The implementation of strong financial discipline in the financial decision making process is another driver. As per Wesfarmers, an empowering culture can lead the company towards financial excellence and thus, it is another driver. Innovation is considered as the next driver for the financial success of Wesfarmers as innovative culture helps in fostering financial stability. Wesfarmers always try to maintain a strong balance sheet that is a major driver for financial success (wesfarmers.com.au 2018). Key Risks At the time of conducting the business operations, Wesfarmers has to face with some major financial risks. The key risks of Wesfarmers are liquidity risk, market risk and credit risk. Wesfarmers has divided market risk in three major parts; they are foreign currency risk, interest rate risk and commodity price risk. As all of these risks are key risks, the management of Wesfarmers is required to develop strategies for minimizing them (wesfarmers.com.au 2018). Financial Management Strategy for Risk Mitigation It can be observed that Wesfarmers has developed a major framework for the mitigation of the above-mentioned risks. The management of Wesfarmers has established divisional structure, reporting line, appropriate authorities and responsibilities for the guidelines and limits on business expenditures, capital expenditures, investment and others. There has been development of operating cycle and divisional reporting requirements. Wesfarmers has also developed the strategy of annual budgeting and monthly reporting system for the purse of performance monitoring. There has been an implementation of appropriate due diligence for acquisition and divestments. Most importantly, Wesfarmers has also implemented the strategy of crisis management for their key businesses. There has been also implementation of internal assurance programs (sustainability.wesfarmers.com.au 2018). Conclusion From the above discussion, it can be seen that he major economic factors have major impact on the business of Wesfarmers like interest rate, inflation rate and others. The retail industry of Australia provides opportunities as well as threats to Wesfarmers. From the above discussion, it can be seen that Wesfarmers has developed a major risk management framework for mitigating the major risks like interest risk, market risk, currency risk and others. References Abs.gov.au. (2018).8501.0 - Retail Trade, Australia, Feb 2018. [online] Available at: https://www.abs.gov.au/ausstats/abs@.nsf/mf/8501.0 [Accessed 8 Apr. 2018]. Brigham, E.F. and Ehrhardt, M.C., 2013.Financial management: Theory practice. Cengage Learning. Business.gov.au. (2017).Retail wholesale trade industry fact sheet. [online] Available at: https://www.business.gov.au/info/plan-and-start/develop-your-business-plans/industry-research/retail-and-wholesale-trade-industry-fact-sheets [Accessed 8 Apr. 2018]. Group, D. (2018).The Wesfarmers Way. [online] Wesfarmers.com.au. Available at: https://www.wesfarmers.com.au/who-we-are/the-wesfarmers-way [Accessed 8 Apr. 2018]. Group, D. (2018).Who we are. [online] Wesfarmers.com.au. Available at: https://www.wesfarmers.com.au/who-we-are/who-we-are [Accessed 8 Apr. 2018]. Kotler, P., 2015.Framework for marketing management. Pearson Education India. Sustainability.wesfarmers.com.au. (2018).Risk management framework. [online] Available at: https://sustainability.wesfarmers.com.au/our-principles/governance/robust-governance/risk-management-framework/ [Accessed 8 Apr. 2018]. Wesfarmers.com.au. (2018).2017 Annual Report. [online] Available at: https://www.wesfarmers.com.au/docs/default-source/reports/j000901-ar17_interactive_final.pdf?sfvrsn=4 [Accessed 8 Apr. 2018]. Yuan, H., 2013. A SWOT analysis of successful construction waste management.Journal of Cleaner Production,39, pp.1-8.

Charles Lindbergh Essays - Charles Lindbergh, Anne Morrow Lindbergh

Charles Lindbergh One of the greatest heroes the world has ever known Charles Augustus Lindbergh. He is most famous for his transatlantic flight from New York to Paris. Lindbergh acquired great fame for doing ?good will? tours in Latin America. Other than politicians and war heroes no one has yet quite matched his fame. He was a genus when it came to aviation and mechanics. He advised the making and design of several planes from ones made of wood and wire to supersonic jets. He helped several countries and airlines by giving them advise on their air fleets. He wrote several documents of his journeys and of his life. Charles Lindbergh entered this world on February 4, 1902 in Detroit, Michigan. He grew up in Rapid Falls, Minnesota on a family farm. His father's name was Charles Augustus Lindbergh, Sr. He was a lawyer and a congressman for the state of Minnesota between the years of 1907 and 1917. His mother's name was Evangeling Land Lodge. As a child Lindbergh showed that he had a great deal of mechanical ability. When he was eighteen years old he began attending the University of Wisconsin. While at Wisconsin he majored in mechanical engineering. During his time at the university he paid more attention to the growing field of avaion than he did to his studies. In 1924 Charles Lindbergh enlisted in the United States Army so he could begin studying on how to be a fighter pilot. One year later he graduated from the Army flight training school that was held on both Brook's field and Kelly's field. He graduated as the number one pilot in his class. After that he bought his own airplane and for the next six years of his life he spent flying an airplane for Robertson Aircraft Corporation. The planes filled with mail he flew from St. Louis, Missouri to Chicago, Illinois. During this time he was also a barnstormer which is a stunt pilot that does stunts over fairs and other public gatherings. During this time he received a reputation of not only being a cautions pilot but a quite capable pilot as well. A New York City hotel owner named Raymond Orteig started the Orteig Prize. The Orteig Prize was a twenty five thousand dollars for the first man to fly across the Atlantic Ocean solo and without stopping in between. Many pilots were injured or even killed trying to win the Orteig Prize. Raymond Orteig started the competition in 1919 and Charles Lindbergh had begun to take interest in it in the year 1926. In 1927 when somebody had yet to win the Orteig Prize Lindbergh found nine St. Louis businessmen to sponsor him because he thought with the right plane he would have no problem flying across the Atlantic Ocean. The businessmen began to promote the flight. That right plane was known as the ?Sprit of St. Louis?. Ryan Aircraft Company in San Diego built the ?Sprit of St. Louis?. He gave the ?Spirit of St. Louis? a test drive from San Diego, California to New York, New York making one stop in St. Louis. That flight took twenty hours and twenty-one minutes setting a new transcontinieal re cord. Charles Lindbergh started his transatlantic flight in Roosevelt Field on Long Island; the time was seven fifty two a.m. He flew from Roosevelt Field to Le Bourget Airport in Paris. He landed at ten twenty two P.M. on May 21. It took him thirty-three and half-hours to fly across the Atlantic Ocean. He traveled three thousand six hundred miles until he finally reached Paris. At the airport one hundred thousand people gathered after hearing that he was sighted flying over Ireland. A few days later he flew to Croydon Airport in London. It was dark when he landed and there were not many people there to witness the landing. As a result of having few people there, there were no photographs taken. When he returned to America there were several photographers waiting to get a picture of him. The press began to give him nicknames such as ?Lucky Lindy? and the ?Lone Eagle?. The world instantly made him a hero and an international celebrity. Lindbergh was a

APA Referencing What You Need to Know

APA Referencing What You Need to Know APA Referencing: What You Need to Know Although produced by the American Psychological Association, APA referencing is now used to cite sources in a variety of academic fields (not just the social sciences). Knowing the basics of APA referencing is therefore important for any college student. In today’s post, we run through a few important facts about APA referencing, including its background and the format you should use for in-text citations. What is APA Style? APA style and APA referencing are set out in the Publication Manual of the American Psychological Association, which covers various elements of style and formatting as well as citing sources. First published in 1974, the APA manual is designed to ensure that academic writers communicate â€Å"with a minimum of distraction and a maximum of precision.† The APA’s simple-but-clear referencing system is part of this. APA Citations APA referencing uses parenthetical citations, meaning basic source information is provided in the main body of your document. For the majority of source types, APA citations require you to give an author surname and year of publication (along with relevant page numbers if you’re quoting a source directly): Ciabatta is â€Å"one of the most famous Italian breads† (D’Acampo, 2011, p. 22). Note that the name, year and page number are separated by commas in APA citations; it’s also important to remember that the page number is preceded by â€Å"p.† in these citations. The format changes a little when the author is named in the text. In these cases, the year of publication is given immediately after the name, but any page numbers still appear after the quoted text: D’Acampo (2011) claims that â€Å"Tuscan bread is well known for being low in salt† (p. 33). APA Reference Lists In addition to in-text citations, APA referencing requires all sources to be listed with full publication information at the end of your document. This reference list should: List all sources cited in your document (do not list sources you haven’t cited) Invert the names of authors (surname first, followed by initials) Order sources alphabetically by author surname List multiple works by the same author chronologically, earliest first Italicize all journal and book titles Use a half-inch hanging indent for each line after the first in an entry Provide all names of authors for any text with up to seven authors; for texts with more than seven authors, simply list the first six then add the final author after an ellipsis Capitalize only the first word and proper nouns in titles and subtitles The precise information required for each source varies depending on format but will generally include details about the author(s), title and publisher. The D’Acampo book cited above, for instance, would appear in the reference list as: D’Acampo, G. (2011). Italian home baking. London: Kyle Books. And after finishing your reference list, why not treat yourself to a nice ciabatta?

Raise or Lower Tuition Essay Example | Topics and Well Written Essays - 1000 words

Raise or Lower Tuition - Essay Example On that note, we are going to comprehensively study the ways in which this institution can generate more income, for instance through the increase of tuition fees among other strategies that need to be undertaken in a bid to achieve this goal. Evidently, another way in which in the nobody state university can raise its income is through the reviewing of some of the mechanisms that involved in the enrolling of students into the institution. Notably, in the study of the manners in which institutions of higher learning can increase revenue, it is essential to discuss on the enrollment exercise since the major earner of capital in this line of business is largely dependent on the number of individuals that enroll in the particular institution which in this case is the nobody state university. Consequently, in the subsequent sections we are going to highlight some of the ways that revenue can be increased in this institution giving account of the impact they will have in the institution a s whole. Will an increase in the tuition fee automatically contribute to an increase in revenue? From a literal point of view, a rise in the tuition fees will result in the increase in the revenue in the institution of higher learning; nobody state university. ... Thus, in the case of lower population, the capital generated may not be as pleasant. On the other hand, high tuition fees may cause huge loses. On a similar theme, if the tuition fees are raised by significantly with comparison to other educational institution, the enrolment rates will drop and as a result the revenue collected will be less. Furthermore, with high tuition fees many students who are enrolled may opt out in search of other institutions that offer favorable fee structures and therefore it follows that huge revenue loses will be recorded. Although, an increase in tuition requires an increase in revenue generation, it is essential to monitor the margin of the rise to avoid exploitation of the individuals in the educational institution; students who are the major earner of capital. Describe conditions under which the revenue will rise? Apparently, one of the most logical approaches to increase the revenue of nobody state university, is the incorporation of business strateg ies founded on the principle of unit elastic demand. On that note, this business principle postulates that, a change in the price of a commodity results into an equal change in the quantity demanded for. In this case, incorporation of this business strategy into the education institution requires that, an increase in the tuition fee will consequently lead to the increase in the revenue collected since the enrolment rate will increase due to an increase in the demand for the educational services. On the same note, the rise in revenue will be attributed to the increase in the student population. Describe conditions under which the revenue will fall? The revenue collected

Describe how your place of business uses different forms of Essay - 1

Describe how your place of business uses different forms of communication - Essay Example I work for Wal-Mart, a company dealing with processing and sale of grocery products across the country. Communication is crucial in the purchases and sales department as it enables fast procurement of raw materials and capital goods. Additionally, good communication allows management of inventory in all company’s retail outlets and delivery of the processed goods to customers. The most prominent form of communication used in this department is oral communication. It involves calling via the cell phone to make queries and helps in resolving misunderstandings that are frequent in the department (Chaturvedi 47). Also, one can speak directly to the members of staff in charge of any operation in the company. When procuring raw materials, I usually call via the phone to request for certain materials before placing a detailed purchase order in the supplier’s inventory. Written communication is another form of communication that is commonly used in the department. Paper-based communications give a clear message that can be filed in the offices (Chaturvedi 48). With the advanced technology, we usually draft papers in a digital format and send them via e-mail to the intended recipient. In the department, purchases orders are sent to the suppliers via e-mail, as well as, the details of the materials required together with their specifications. In response, the different suppliers send delivery notes to the department in the event of delivering materials. Written messages are sent to customers informing them that their invoices have been received. Face-to-face communication is also applied in the department operations as it enables clear understandings among the parties involved. Speaking directly to someone saves time and reduces subsequent communications especially when there are organizational conflicts. When customers complain of delivery of broken or substandard goods they are advised to visit the premises for a talk with the manager. Meeting