Working Capital Management Essay Example for Free

Working Capital Management Essay Steel comprises one of the most important inputs in all sectors of economy. Economy of any country depends on the strong base of the iron and steel industry. Steel is versatile material with multitude of useful properties,  making it indispensable for furthering and achieving continuing growth of the economy-be it construction, manufacturing, infrastructure or consumables. The level of steel consumption has long been regarded as an index of industrialization and economic maturity attained by country. Keeping in view the important of steel, the integrated steel plants with foreign collaborations were set up in the public sector in the post- independence era. Capital is essential for setting up and smooth running of any business. Investments made on fixed assets will yield excess each cash inflows apart from the pay back amount and is spread over a longer period of time. Hence the cash inflows (or) benefits associated are not immediate but are expected in the future. Cash inflows outflows occur on a continuous basis in case of current assets. Credit forms an essential feature in the business (credit given to customers 7 credit from liabilities, suppliers). Since there is some time log from the mine of sales sales realization current assets current which together constitute the net working capital, supports the business in its normal of operations. This calls for an efficient management of working capital. The policies, procedures and measures taken for managing capital again further importance in an organization like RINL where the working capital requirements runs in crores or rupees. Any mismanagement on the part of authority will not just cause loss but may even impair business operations. It is in this context working capital has gained importance. The growth of any organization depends on the overall performance such as production, marketing, human resource and financial performance of the organization. The financial performance of the any organization reflects the strength, weakness, opportunities and threads of the organization with respect to profits earned, investments, sales realization, turnover, return on investment, net worth of capital. Efficient management of financial resources and deliberate analysis financial results are pre requisite for success of an enterprise. In that working capital management is one of the major and important areas of financial management. Managing of working capital implies managing of current assets of the company like cash, inventory, accounts receivable, loans an advance, bank balances and current liabilities like sundry creditors interest payments and provision. Rashtriya Ispat Nigam Limited is a multi-product steel-manufacturing unit with varying  cycle time for each product. The capital required by each department in a large organization like RINL depends on the product target for that. Particular year, invites the need for an effective working capital management. Monitoring the duration of the operation cycle is an important aspect of working capital management and control for an Effective management. RINL is now on its turn round path and needs to cut cost and increase its revenue its revenue therefore it must have to keep close check on the day to day expenses and to get a maximum utilization out of it. Some prominent issues should always be taken into account like: The duration of raw material stage depends on the regularity of supply, transactions time, degree of perish ability, price ability, price fluctuations, and economics of bulk purchases. The duration of the work in progress stage depends of Length of the manufacturing cycle, consistency in capacity utilization Different stages and efficient coordination of various inputs. The duration at debtors’ stage depends on the credit period Granted, discount offered for prompt payments and efficiency and r igor of collection efforts. Thus a detailed study regarding the working capital management in RINL is to be done to consider the effectiveness of working capital management, identify the shortcoming in management and to suggest for improvement in working capital management. â€Å"Working Capital is the Life-Blood and Controlling Nerve Center of a business† Working capital management is concerned with the problems that arise in attempting to manage the current assets, the current liabilities and the inter relationship that exists between them .The term current assets refer to those assets which in the ordinary course of business can be, or will be, converted into cash within one year without undergoing a diminution in value and without disrupting the operations of firm. The major current assets are cash, marketable securities, accounts receivable and inventory. Current liabilities are those liabilities which are intended, at their inception, to be paid in the ordinary course of business, within a year, out of the current assets or earning of the concern. The basic current liabilities are account payable, bills payable; bank over draft, and outstanding expenses, the goal of working capital management is to manage the firm’s current assets and liabilities in such way that a satisfactory level of working capital is maintained.

Segmenting the British Sports market Essay Example for Free

Segmenting the British Sports market Essay Introduction Sport England is the government agency responsible for building the foundations of sporting success, by creating a world-leading community sport environment of clubs, coaches, facilities and volunteers. They want to create a vibrant sporting culture working in partnership with national governing bodies, national partners, the HE/FE sector, local government, county sport partnerships and community organizations. Their focus is around three outcomes growing and sustaining the numbers of people taking part in sport and improving talent development to help more people excel. Five targets which will see us deliver these outcomes: 1. Grow   More people taking part in more sport   More children and young people taking part in five hours of PE and sport a week These targets account for 15% of the investment. 2. Sustain   More people satisfied with their sporting experience   25% fewer 16-18 year olds dropping out of at least nine sports badminton. basketball, football, hockey, gymnastics, netball, rugby league, rugby union tennis These targets account for 60% of the investment. 3. Excel   Improved talent development in at least 25 sports This target accounts for 25% of the investment. 4. What does our work involve? We invest expertise, resources and both government and Lottery money into community sport. ?480 million is invested directly through 46 national governing bodies of sport. And there are five open funding streams other organizations can apply to. We have a statutory role in protecting playing fields and must be consulted if community playing fields are threatened by potential developments. We provide a wealth of expertise and advice on range of sports subjects including planning, facilities, coaching, and volunteering and sports development. And we act as advocates for community sport bringing together a wide range of partners from local and national government, the commercial sector, higher and further education and the third sector to make the most of their investment in sport. 5. Who do we work with? To succeed, we have to work closely with a wide range of organizations, including:   Our sporting landscape partners Youth Sport Trust and UK Sport   National governing bodies of sport   National partners   Local authorities   County sports partnerships   Higher and further education   The third sector   The commercial sector. London Organizing Committee of the Olympic Games and the Olympic Delivery Authority. Questions 1. Using the full spectrum of segmentation variables, describe how Sport England has segmented the sports market? In order to understand the British people’s attitudes and motivations about sports, Sport England has developed 19 sporting segments all around the United Kingdom to target its customers in the sports market. In the segmentation process Sport England worked closely with Experian Business Strategies consulting group and analyzed data of the English people aged 18 and older. Each of the 19 segment profiles contains information about how sporty they are, the activities they enjoy, possible barriers and motivations and guidance in how to effectively market sport to each profile. The segmentation was based on Demographic and Geographic variables. This segmentation process allowed them to understand the top sports that people want to involve themselves in and helped them to identify the characteristics of their target groups for projects and initiatives. An example of their successful market segmentation policy is South Gloucestershire Leisure’s reopening of a refurbished leisure center in the year 2007. With the help of their market segmentation data and knowledge on how to market to its customers by identifying which activities people are more interested in. 1. Sport England created a segment profile which identified the largest segments within a 1-, 3-, 5-, 7- and 10- mile straight line buffer of the leisure center. 2. The largest segments were then mapped to show the geographic location of these segments which allowed them to localize the market and focus on specific things like information on lifestyles of customers in the Gloucestershire region, the proper community needs of the region. 3. They identified the dominant segment in each postal code and accordingly produced marketing material targeting at those segments. 4. They identified the areas where the population of children were more and targeted it with the right marketing techniques. Segment Name| | Forename| Population| Male| Female| In Million| Competitive Male Urbanites| A01| Ben| 6. 4| 13. 3| 0| 2,521| Sports Team Drinkers| A02| Jamie| 5. 4| 11. 1| 0| 2,127| Fitness Class Friends| A03| Chloe| 6. 9| 0| 13. 4| 2,717| Supportive Singles| A04| Leanne| 4. 7| 0| 9. 1| 1,851| Career Focused Females| B05| Helena| 5| 0| 9. 7| 1,969| Settling Down Males| B06| Tim| 9. 4| 19. 3| 0| 3,702| Stay at Home Mums| B07| Alison| 4. 6| 0| 8. 9| 1,812| Middle England Mums| B08| Jackie| 4| 0| 7. 7| 1,575| Pub League Team Mates| B09| Key| 5. 8| 12| 0| 2,284| Stretched Single Mums| B10| Paula| 3. 8| 0| 7. 4| 1,497| Comfortable Mid-Life Males| C11| Philip| 7. 8| 16| 0| 3,072| Empty Nest Career Ladies| C12| Elaine| 5. 3| 0| 10. 2| 2,087| Early Retirement Couples| C13| Roger Joy| 6. 2| 6. 2| 6. 3| 2,442| Older Working Women| C14| Brenda| 4| 0| 7. 6| 1,575| Local ‘Old Boys’| C15| Terry| 3. 4| 7| 0| 1,339| Later Life Ladies| C16| Norma| 2| 0| 3. 6| 788| Comfortable Retired Couples| D17| Ralph Phyllis| 3. 7| 5| 2. 4| 1,457| Twilight Year Gents| D18| Frank| 3. 5| 7. 1| 0| 1,378| Retirement Home Singles| D19| Elise Arnold| 8. 3| 2. 5| 13. 8| 3,269| A 18 24 year olds B 25 45 years C 46 65 years D 65 + 1. 2. Choose a segment and describe a campaign that could be used to encourage people in that segment to participate in one of the named sports related to their segment. I chose Segment 5 Helena â€Å"career focused females†. Characteristics:   Mainly aged 26-45   Single   Full time professional   Enjoy life in the fast lane As there are all career focused women in this segment, they are busy with their office work during the week and have a busy schedule. The working women also suffer from physical and mental fatigue. . Helena likes to keep in shape. After a long working day women in this segment might decide to catch a class or a long workout on the machines In this segment the participants in the cycling sport (11%) are less compared to swimming (22%) and keep fit gym (26%). Sport England could encourage more participants in the Cycling sport by organizing cycling rallies and events on the weekends. This could also help out in giving a social message to the community regarding health and environment. 3. Describe the role that Sport England plays in targeting a segment. South Gloucestershire Leisure center is an example of the role played by Sport England. The company is encouraging more and more people to participate in sports. Their web tool methods and using the media and communication platforms is being one of the most successful ways to target a segment. Sport England also carries out its target segmentation through various mediums like Internet, mobile phones, newspapers and magazines. These mediums are used by large audience and therefore the product information reaches them easily. 4. Choose a sport not listed and select appropriate segments that might participate in it. Explain why the sport might appeal to people in these segments.   Sport: Yoga   Segments:   Helena- Career Focused Females   Jackie-Middle England Mums   Paula- Stretched Single Mums   Brenda-Older Working Women It has been proved over the recent years that Yoga is one of the most successful exercise sports and helps in keeping fit and relaxing the mind. As Yoga is mostly a female oriented sport, it could be used to target the ladies in the above segments. There can be daily or weekend yoga sessions arranged for the segments according to their availability. As for the career focused ladies this would be the best form of exercise as it would relax them both mentally and physically. It is one kind of exercise which would appeal to all the age groups of women and motivate them to participate in it. 5. Briefly outline a marketing campaign for your chosen sport. 1. We will start a marketing campaign that focuses on the benefits of Yoga:   Yoga can help cure insomnia, as its regular yoga practice leads to better and deeper sleep. Yoga can help fight fatigue and maintain your energy throughout the day.   A regular yoga practice helps boost antioxidants throughout your body, resulting in a stronger immune system and improved ability to heal quickly from disease or injury.   Yoga can help you lose weight and maintain a healthy weight throughout your life. Power yoga is an excellent form of cardio conditioning, which strengthens core muscles while it keeps blood and oxygen circulating throughout your body. 2. We will use the appropriate marketing tools to reach our target customers and deliver the necessary message.

Singlish As A Language In Singapore

Singlish As A Language In Singapore To begin, we need to establish the difference between English and Singlish. English in this essay refers to standard international English that is used by native speakers of English and bilingual users of English for cross-cultural communication. (McKay 2002:132) It is the language formally used in public administration, law and education in Singapore. On the other hand, Singlish refers to Singapore Colloquial English, which is used by many Singaporeans. It is fused with the terms and intonations with the native mother tongues such as Bahasa Malayu, Chinese, Hokkien, Cantonese and Tamil. Singlish can be spoken both by people who do not have a good grasp of English, as well as those who have a strong command of international standard English. Firstly, Singaporeans understand the need for proper English for economical purposes. In the increasingly globalised and interconnected world, the government realizes the need to be able to communicate fluently with others not from Singapore. Singapore is an economically prominent city and does much of its trade with other countries, America being the second largest consumer of Singaporean exports after China. (Statistics Singapore: Ministry of Trade and industry, 2008) The economic situation of Singapore requires the people to be fluent in English so as to be able to communicate well with foreigners who are doing business with them. As such, the government has put in place measures to ensure that Singaporeans are able to speak English fluently. The first language of the Singaporean education system is English and very recently, in September 2009, the Education Minister Ng Eng Hen mentioned in his ministrys work plan seminar that raising the standard of English of students will be a main goal for schools in the coming years. He indicated that they would realize this by allowing students to speak up more often in class. Another government measure to raise help Singaporeans speak proper English is the initiation of the Speak Good English Movement that started in 2000 and is still in effect. The then deputy Prime Minister Lee Hsien Loong spoke at the launch of the Speak Good English Movement 2001, and voicing that there is a need for Singapore to grow into an attractive economic hub for foreign companies and foreign talent. Through out his speech, DPM Lee Hsien Loong constantly draws the link between Singapore being an economic center and the need for Singaporeans to be fluent in English. From these examples, we can see that th e government in Singapore recognizes the need for English and thereby initiates practices in education and public campaigns to increase the use of English in Singapore. I personally feel that greater emphasis on standard English in the Singaporean education system is in the right direction. I had previously tried relief teaching at a neighborhood school for a few months. On many occasions, I had the opportunity to read the English essays of the students and was rather unsettled by the fact that the students could not express themselves clearly in proper English. Many times, it was apparent that they used the sentence structure of mandarin and translated it to their written English. On many occasions, I find that the students are unable to switch between the use of standard English and Singlish, even when speaking. If they continue to use English and Singlish interchangeably, there is no doubt that people from other countries would not be able to understand them. Due to this, I agree that there is a need to raise the standard of English in Singapore. The government is not the only party who is aware of the need for proper English. Many Singaporeans are aware of this as well, especially when it comes to representing Singapore to the global world. This is clearly exemplified in the recent controversy over Miss Singapore World beauty queen, Ris Low. A local news channel, Razor TV, interviewed Low and it was revealed that her standard of spoken English was not up to the standards of many Singaporeans. Viewers were appalled that she was chosen to represent Singapore despite her low standard of spoken English. Soon after, it was made known that she was charged for credit card fraud. Nonetheless, there were many requests by the public who wrote in to the Straits Times forum, as well as other online forums, to oppose her being chosen as Miss Singapore World even before her credit card fraud case was publicized. This shows that Singaporeans understand the need to speak proper English when portraying Singapore to other countries. Together with their call for the usage of proper English in Singapore, government figures have also expressed concern over the use if Singlish in Singapore. In the opening speech at the launch of the Speak Good English Movement 2000 by Prime Minister Goh Chok Tong, he expressed concern over Singlish, instead of English, becoming Singapores common language. He maintained that if Singaporeans continue to use Singlish, something he referred to as a corrupted form of English not understood by others, we would lose our competitiveness in the economy. He also mentioned, if they (young Singaporeans) speak Singlish when they can speak good English, they are doing a disservice to Singapore. DPM Lee Hsien Loong highlighted a similar concern regarding this issue in his speech the following year. DPM Lee stated that on top of having more people speaking English, it is equally, if not more important to get Singaporeans to speak good, standard English à ¢Ã¢â€š ¬Ã‚ ¦ rather than Singlish, a local dialect unique to Singapore. He added that if we want to reinforce our identity as Singaporeans, we should choose something other than Singlish. Through this, we can see that together with their call for proper English, DPM Lee and PM Goh were also calling for a reduced usage of Singlish. Although I agree with the implementations in educational policies and public campaigns for the usage of proper English due to the need for economic competitiveness, I think that Singlish has a role to play in Singaporean Society. Singlish is unique to Singapore as it is a direct result of the interactions between people of different races and native tongues and is part of the national identity because people are connected to the language and to each other when they use it. Language is fundamentally a tool for us to communicate with one another and Singlish enables Singaporeans to do this effectively among ourselves. In fact, Singlish came about precisely to perform this function. Singapore, before and during the colonial times, already had a wide variety of people from different native tongues working here. Due to its situation as a port along the naval Spice Route, there were many emigrants from the region, such as southern Chinese and Indian laborers. Coupled with the indigenous Malay speaking population, this made Singapore a place with diverse language background. English was introduced when the British colonists used English as the medium for administration. Soon after independence in 1965, the government made English that main medium of education in Singapore. (Low, Brown, 2005, 20) Gradually, English came to be localized with terms from the native tongues of the people in Singapore. Malay, Mandarin and its dialects, and Tamil words were incorpor ated into this local version of English. This is especially so for words which seem to have no direct English equivalent, such as kiasu, blanjah or shiok. Singlish also often takes on the syntax of Chinese and Malay. (Wee, 2009, 56-59) It is seen that the Singaporean version of English, or Singlish, has come about as a result of the interactions between the different cultures and languages here and this mix is not observed anywhere else in the world. Wee (2009, 63-66) states that the formation of Singlish was not from a committee who sat down and discussed the structure, grammar and vocabulary of Singlish. Rather, Singlish was a natural result of the people from different native tongues and cultures in Singapore, communicating and interacting with one another. It is precisely because of the fact that Singlish is a cultural product that came about naturally from Singaporeans that makes it relevant to Singaporean society. While English can be used by everyone in Singapore and allow them to communicate with one another effectively, Singlish has an added quality to it. It allows Singlish speakers to feel a sense of connection to and through the language because Singlish is localized and English does not possess this trait. From my personal experience as a student in Singapore, it is apparent that my teachers try to use proper English during lessons where it is in a formal setting. As a student, I would answer and pose questions to my teachers in standard English. However, I would use Singlish when conversing with my friends because it is an informal setting. In fact, sometimes when we hear someone speaking in proper English in an informal setting, my friends would comment that that person was pretentious and that there was no need to use proper English among friends. In another experience, where I went for an inter- secondary school leadership camp, we were put in groups with students from other schools and backgrounds. During the first group discussion session, I had taken to speaking in standard English because I had thought that it would be more appropriate. However, I realized that some of my group mates were not responsive so I decided to switch to Singlish, hoping that they would open up and contribute more. As I had hoped, they immediately started to speak up more during the discussion. In the following group discussion sessions, I realized that when the facilitator posed a question in standard English, my group mates did not seem forthcoming with their thoughts, but once someone contributed to the discussion in Singlish, they would speak up more and subsequent contributions were in Singlish. Perhaps they initially didnt contribute because they had trouble understand that question or topic of discussion. However, I do not think that they had any trouble grasping what was being asked or discussed. Rather, they started to open up because Singlish provided us the opportunity t o establish a bond with each other. Although simple, these examples show us that Singlish connects Singaporeans together through a common colloquial language in which we are comfortable in expressing our thoughts. Singlish is also used in the media in Singapore to give it an authentic sense of being Singaporean. Singaporean sitcoms like Phua Chu Kang Pte Ltd, My Sassy Neighbor, Police and Thief, Under One Roof and Growing Up are seen as portraying the lives of Singaporeans and the characters in these shows speak in Singlish. Local films like I Not Stupid, Money No Enough and Just Follow Law had actors speaking in Singlish throughout the film. Even their titles are in Singlish. Musicals like Beauty World, Dim Sum Dollies and $ing Dollar incorporate Singlish as well. In fact, Beauty World was originally a play and it is seen as one of the more successful creative literature locally and has been produced into a musical a few times. It is about a girl called Ivy from Malaysia who comes to Singapore to find the true identity of her father. Her boyfriend, Frankie, accompanies her to Singapore as well. As noted by Low and Brown, both Ivy and Frankie speak in standard English throughout the show while the other Singaporean characters speak in Singlish (Low, Brown, 2005, p. 181). This amplifies how the use of English and Singlish by different characters help identify their nationalities in the show. These shows target the local audience and as a result, include the Singlish language to depict an authentic local portrayal. The Singapore tourism Board portrays Singapore as Uniquely Singapore and a common question asked is whether Singapore has anything to call their own. Singlish is definitely something that is uniquely Singaporean. A poll by NUS Students Political Association done on 750 undergrads revealed that Singlish was considered most Singaporean with 75.3% of the votes (Leo, 2005). Similarly, in a recent Political Science forum, the topic of debate was whether Singapore had a national identity. Singlish came up quite often because many forum participants recognized people who speak Singlish as being Singaporean. Whenever I visited Malaysia, my sister and I would even play a game where we would try to distinguish if a person was Malaysian or Singaporean simply by the way they spoke. Despite the fact that Manglish (Malaysian English) and Singlish are somewhat similar, we were still able to find something distinctive and unique in the way that Singaporeans speak. In this sense, Singlish can be said to be part of Singapores national identity because it differentiates us from people of other places and nations. In conclusion, I do agree that there is a need for Singaporeans to be fluent in standard English so as to be competitive in the global world and raising the standard of English is indeed the right course of action by the Singaporean government. However, I do not think that Singlish should be excluded from being used in Singapore. Not only does it transcend people of different racial identities in Singapore, it allows people to feel a sense of connection to the language itself, which English does not offer. Singlish is part of the nation identity because people are connected to the language and to each other when they use it.

Priorities and Hunting in Lord of the Flies :: Lord of the Flies Essays

" We can help them find us. We must make a fire."(P. 41). While the boys were making huts for shelter, Jack was off hunting instead of helping with the huts. All he cared about was that the boys needed meat, which was indeed true, but they also needed shelter. As Ralph, Piggy and Simon are working on a shelter they are listening to, " And then," said Jack, " when I've had a bathe and something to eat I'll just trek over to the other side of the mountain and see if I can see any traces. Coming?"(P.62). In the beginning, the boys got along great, but I think that it works against each other. Ralph and Jack get along so good that when things get kind of bad it just goes way bad. "Almost too heavy." Jack grinned back. "Not for the two of us."(P. 43). The book starts by Ralph and Piggy meeting in the jungle of a stranded island. They wander to the beach wondering if there is any other kids on the beach. When they find a shell , "the conch", they blow into it and make a bellowing sound. At the sound of the "conch", every boy, big and small, comes to the beach. Along with a group of boys is Jack Merridew, the leader of a choir. When the assembly begins, they decide that they want a chief. The kids all believe that the boy with the "conch" should be chief. They also decide that there is no "beastie", which Jack also obsesses about hunting and takes much of his attention. Immidiatly Jack is offended and has something against Ralph, even though he seems to hide his jealosy. When Jack's obsession for hunting overrides all other reality he decides to start his own tribe. Many of the boys choose to follow. One night when they have a feast over a dead sow of the tribe a figure considered to be the beast is beaten and stabbed with spears. It was really Simon. The ones who don't join the tribe are now the outcasts of the island. One night Jack and two of his tribe members raid the huts of Ralph, Piggy and Samneric. They stole Piggy's glasses, which only had one glass anyway, now making him blind in both eyes. The next day Ralph, Piggy and Samneric travel to the other side of the Island to get the glasses back.

Canterbury Tales - Comparison of the Millers Tale and the Knights Tal

A Comparison of the Miller's Tale and the Knight's Tale  Ã‚  Ã‚     Ã‚  Ã‚   It is common when considering The Canterbury Tales to discuss how some tales seem designed to emphasise the themes of others. Two such tales are the Miller's Tale2 and the Knight's Tale3. At first glance these two tales seem an incongruous pairing. The Knight's Tale is told by an eminent person, is an historical romance which barely escapes a tragic ending, and its themes are universal: the relationship of individuals to providence, fortune and free will. The Miller's Tale is told by a drunken "cherl" (MT 3182), is a farcical fabliau, and has "a plot, not themes"4. And yet, in my opinion, there is much to be gained by reading the Miller's Tale with the themes and characters of the Knight's Tale firmly in mind. The juxtaposition of the Miller's Tale to "the Knight's Tale makes its very lack of significance significant"5. These two tales have seemingly opposite doctrines, and yet, it seems to me, both have the same object: to encourage us to survive the misfortunes and uncertainties of life as best we can. The Knight's Tale tells us to "maken vertu of necessitee"(KT 3042) while the Miller's Tale expects "every wight" to "laughen at this stryf"(MT 3849). The Miller's Tale is designed to "quite" (MT 3127) the Knight's Tale. It certainly matches it in quality of composition, but 'repays' the other tale mainly through its use of comedy. Humour throws new light on the characters and actions of the preceeding tale. The folly of the carpenter in the Miller's Tale is by no means the only comic device used by Chaucer to create humour, but it is central in many ways. "He is, in theory, the 'authority figure' of the tale, and it therefore opens with him; ... ...e Chaucer: Third Edition (Oxford: OUP, 1987), The Miller's Tale. All line references to the Miller's Tale will be given in text, preceded by the initials "MT". 3. Larry Benson, The Riverside Chaucer: Third Edition (Oxford: OUP, 1987), The Knight's Tale. All line references to the Knight's Tale will be given in text, preceded by the initials "KT". 4. Helen Cooper, Oxford Guides to Chaucer: The Canterbury Tales (Oxford: OUP, 1989), p. 101. 5. Cooper, p. 101. 6. Cooper, p. 99. 7. Robert Miller, "The Miller's Tale as a Complaint," Chaucer Review, 5 (1970), p. 147-160. This from p. 150. 8. Derek Pearsall, "The Canterbury Tales II: Comedy," In Piero Boitani and Jill Mann (eds), The Cambridge Chaucer Companion (Cambridge: Cambridge University Press, 1986), p. 125-142. This from, p. 131. 9. Cooper, 99. 10. Pearsall, p. 129.      

Motivation Techniques for Businesses to Motivate the Work Force Essay

Motivation Techniques for Businesses to Motivate the Work Force Introduction ============ For this assignment I am going to look at different motivational techniques that businesses use in order to motivate their work force, I will then decide on which I feel to be the most effective and why it is so effective. Hypothesis ========== All businesses want a motivated workforce, and expend a lot of time and money in order to attempt to achieve this, what these people need to look at is the common goals that there employees hold, for example: Self-esteem: needs for self -respect and self-confidence, for autonomy, for achievement, for competence, for knowledge. Status: needs for recognition, for appreciation, for the deserved respect of others. These needs tend to be at the top of most employees priority list, once these are fulfilled the employee will be happy and therefore motivated, e.g. if a worker is appreciated and competent in their job, they tend to be happier and therefore more highly motivated, but if they do not fully understand their job, and do not feel appreciated for what they do, they tend to feel unhappy and under perform. It is only recently that employers have learnt to be more like coaches then law enforcement officers in the workplace, they have discovered that it is far more effective to praise an employee rather than punish them, and give them constructive criticism rather than shout at them Another factor that strongly affects employees' motivation is security, if an employee feels secure in their job, i.e. have a permanent position there than they will be a lot happier and therefore ... ...y would much rather be payed a reasonable salary in a job they enjoy instead of a high salary in one that they don't. The perfect worker in my view is somebody who enjoys what they do, and therefore does it well. Evaluation ---------- I have come to the conclusion that happiness is the key to the perfect workforce because as they say 'a happy worker is a good worker.' I also feel that we have only scratched the surface of motivation in the workplace, it is only now that people have realised due to being open-minded just how huge a part psychology has to play in the effectiveness of a workforce, and there are still bosses that believe that discipline is the way to go rather than encouragement, so if these people could open their minds I think that the world of work would be better for employees everywhere.

My Ambition Is To Become a Collector

MY AMBITION IN  LIFE Life affords no higher pleasure than that of surmounting difficulties, passing from one-step of success to another forming new ambitions and seeking them gratified. – Samuel Johnson In the life of mankind one has his own dreams and wishes. The dreams transform in to vibrant thoughts concerning about his career and future. No one can exactly predict what role he has to play in the society as the World is a play stage and all people are just performers in that center-stage. Ambition doesn’t need to be made of sterner stuff. It is an exaggeration of your dream and thoughts of how you want to be in your life. My ambition is to become an IAS officer. Though I know that the magnitude of civil services exam is tough but still I feel it is a challenge to relish upon. IAS – Indian Administrative Service sounds and preludes a sense of pride in the minds of the selected candidates. To lead a district/bunch of villages is not a simple joke and every time you need to be on your toes, manage crisis and you need to be a decision maker as well as an efficient leader. The very wish of me becoming an IAS officer is infused by the social evils that prevail in the society. The sufferings faced by poor and the destitute ignite the spirit in one’s self and instigate the proceedings. Every one should at least have access to basic amenities like food, shelter, clothing etc. Nothing can be changed in a day’s time, but it is possible only by the cumulative efforts of all people. If India is to become a super-power, she needs to get out of the webs of poverty, unemployment, social inequality and communal riots. So why IAS I don’t want to myself lie between the cobwebs of matrimony and job. Indeed I want to contribute something for the nation for her progress and development. India is in urgent need of youths who are determined for the sake of the nation. IAS officer to some extent can spur a change in the lives of people under his control. The task doesn’t end here and one needs to devote his soul to the nation building politics. The infusion of young blood in politics will surely have a great impact in the development of our nation. Ambition affords no greater responsibility, no greater privilege than the raising of the next generation. India is one of the most corrupt countries and this evil pegs her at the developing nations list. My ambition constitutes the dream of living and dying in a   Ã¢â‚¬Å"Developed India – 2020†. The positions in the IAS service vary from the powerful Cabinet Secretary to the District Collector. My ambition doesn’t and shouldn’t aim and hitch my vision for the highest cadre. Instead I feel fortunate and proud to be an IAS officer to serve the needy and the deprived in the modern â€Å"Information Era† based society. Education for all, abolition of castes, creed and religion, Prevention of social exploitation, abolition of social evils, weeding out corruption, improving infrastructure and basic facilities and these things stand for prior action. It is definitely a challenge for a young man to lead in such circumstances. Life is all about taking up challenges and at the end of the day/outset it is all about how well we fared at that moment/instant. My ambition is the vision of developed India -2020 dreamt by Dr. A. P. J. Abdul Kalam and to transform his dreams into reality. At the stroke of the midnight hour, when the whole world sleeps, India will awake to life and freedom. Since then midnights have passed, but we are still asleep. Now the time has come to redeem our pledge. A country with glorious history and uncertain future. The certainty depends on the young Turks†¦Dream of becoming a super-power will remain a dream if we fail to wake up from slumber. An ambitious dream of a Developed India be envisioned by our dreamzz†¦