Hewlett Packard Swot Analysis Essay Example for Free

Hewlett Packard Swot Analysis Essay The Hewlett-Packard and Compaq merger decision case study provided many points necessary in the understanding of why these two companies would undergo a risky business venture. Compaq was a company that began successfully with record setting financial statements, but in an attempt to expand its market, threatened company stability. With the acquisition of Tandem Computer and Digital Equipment Corporation, Compaq experienced decreased revenues resulting in their inability to fully recover. In a competitive information technology market, HP was one of the industry leaders. Due to a failure to be proactive to market changes, HP grew stagnant and looked to reinvent company strategies through newly appointed President/CEO Carly Fiorina. Competitive advantages for both HP and Compaq included imaging and printing segment and high performance PC technology respectively. Management’s reasons for the merger included their assumption that together, HP and Compaq would be able to replicate and overtake competitors. Oppositions to the merger included a decrease in shareholder interests, a reduction of focus for company core competencies, and an unprofitable future. Several financial advisors and industry analysts were in agreement that the proposed merger would not be in the best interests of either company. Despite the uncertainties, information gathered and forecasts projected were in favor of the merger, which resulted in shareholder approval and the merger of Hewlett-Packard and Compaq Computer. SWOT Analysis In researching Hewlett-Packard’s present-day company position, a strengths, weaknesses, opportunities, and threats (SWOT) analysis was conducted. Strengths found include HP’s strong market position internationally and on the domestic end, a successful growth throughout large acquisitions, and a considerable brand value. HP currently has a 28.6% market share in the United States of America while internationally they stand at 17.7%. As the current number one leader in PC sales, HP has a solid market position. Although the strengths are allowing HP to maintain market position, there are also weaknesses present in all companies. Compared to other companies in the same industry, Hewlett-Packard lacks significant software product and management consulting services. As a result, Hewlett-Packard’s weakness is its weak market segment integration. HP is able to answer consumer demand when it comes to PC technology and imaging and printing software, but they fall short in t he software product creation and consulting services to combine with their successful departments of PC technology and imaging and printing services. As Hewlett-Packard continues to grow and seek an increase in market position, opportunities surface. A spin-off of the PC technology business, entering the cloud computing market, and expanding imaging and printing solutions portfolio are opportunities HP has going forward. In placing more emphasis on the PC technology aspect of the company, HP may find that this venture will become as profitable as the imaging and printing department in the long-run. With the announcement of this spin-off, their share of US PC shipment increased from 25.4% to 28.9%. This positive reaction from consumers is an early indicator of possible success as a result of placing resources to build up the PC technology department. Cloud computing is a fairly new concept in which resources and software are delivered through a network, mainly over the Internet. As this is market quickly growing in demand, HP’s introduction of HP Cloud Assure is a great opportunity for future prosperity. With success comes o pportunities of threats, and Hewlett-Packard is no exception. With projected decrease in information technology (IT) in the near future, an increase in demand for non PC devices, and competitors with more diversified portfolios, HP’s threats are numerous. Industry analysts have projected a decrease of IT in upcoming quarters which will decrease HP’s profitability. HP has already witnessed a decrease in consumer spending during last quarter’s back-to-school spending. If analyst projections prove to be true, changes will quickly need to be made. As more and more consumers are entering the non PC device era, HP is losing a segment of the market with their inability to provide products for this demand. HP’s more diversified competitors such as Dell and Samsung are able to easily capture the demand for these tablets. Future of the Company Through the case study, present-day SWOT analysis, and outside research conducted on Hewlett-Packard, the group has concluded that the company will remain constant, but unless strategies are implemented to answer more consumer demands, they may lose market share. New CEO Meg Whitman has a technology visionary that will shift HP’s focus to answering consumer demands. Her leadership capabilities and projections for company future are a desirable mix for a company to achieve sustainable future relevance. With the implementation of HP Cloud Assure, a new venture capitalizing on the growing consumer interest of cloud computing, HP is already adapting to answering the demands of consumers. As long as the company continues to anticipate and provide the products and services desired, sustainability will be maintained. Questions 1. What are the strategic challenges that HP is facing? Strategic challenges: Cost- reduction initiatives that included â€Å"difficult but necessary voluntary- severance programs† and manufacturing consolidations. â€Å"Unacceptably high expense growth† contributed to a decline in earnings from operations and net earnings. HP had a weak macroeconomic environment and competitive price pressures that led to slumping sales. Management was unable to keep pace of the changing market conditions which were a key contributor. HP management failed to follow Dell’s lead in adopting a low- cost, Internet based direct sales channel to offset its reliance on the retail channel. * Accelerating growth in existing businesses * Streamlining the existing decentralized operating model to fuel growth opportunities * Implementing a â€Å"total customer experience† approach * Taking advantage of HP’s strong balance sheet and cash generation capability to fund new growth initiatives * Leveraging HP’s market position * Creating e- services ecosystems and placing HP at the center 2. Is the proposed merger likely to address these challenges? Benefits from the merger included personal systems, improved economics, and innovation. HP management believed that the combined company would have a lower cost structure due to economies of scale. HP would also be able to leverage Compaq’s progress in developing a direct sales channel, yielding a more flexible distribution model. Complementary leadership in key markets: Compaq’s strength in industry standard servers, coupled with HP’s Linus and UNIX offerings, would result in an industry- leading product line spanning the entire server category. By adding HP’s strength in high- end storage, the combined company would be the industry leader in both the enterprise storage segment and the fastest growing sub-segment storage area networks. Doubling HP’s sales force, the merger would allow HP to increase account coverage and better compete for important customer engagements around the world. IT Services: Strengthened Business Provides Critical Mass in Key Growth Market- Management believed the merger would significantly strengthen HP and Compaq’s combined services business for several reasons. Financial Benefits- As predicted the merger would yield $2.5 billion in annual cost saving by mid-2004. Yes, we do believe the proposed merger is likely to address the challenges HP faces. 3. How do you interpret the market’s reaction to the proposal deal? We interpret the market’s reaction to the proposed deal to be negative. Just two months of the Merger announcement, HP’s share price trailed the preannouncement level by 27%, representing a loss of $12.3 billion of market share value at the same time comparable companies increased 9.9%. 4. If you were a shareholder of HP, how would you vote on the deal? If we were shareholders of HP, we would vote against the deal. It is obvious the company is losing a great deal of money at the same time other companies in the same industry are making money. The merger is not looking out for the best interest of the shareholders so we would not vote for the merger. Sources Bloomberg Businessweek http://www.businessweek.com/news/2011-10-12/hewlett-packard-gains-pc-market-share-after-mulling-spinoff.html CNN Money http://money.cnn.com/magazines/fortune/fortune_archive/2005/02/07/8250437/index.htm http://money.cnn.com/2011/09/22/technology/hp_ceo_fired/index.htm Hewlett-Packard Website http://www.hp.com/hpinfo/newsroom/press/2009/090331xa.html Hewlett-Packard Case Study â€Å"Hewlett-Packard – Compaq: The Merger Decision† Marketing Research http://www.marketingresearch.com/marketing/swot-analysis-hewlett-packard Jennifer Brown Synopsis The process of completing this assignment has helped me discover how to view business decisions in a more analytical way. When approaching this one it seemed overwhelming at first. I began pulling outside sources and background information that helped me gain a better understanding of the project at hand. That extra research was very useful in explaining what the companies were going through and giving different perspectives as to why. I was able to apply what I have learned in my accounting classes when the case study and articles referred to financial ratios and provided financial reports. That was helpful when trying to answer the questions assigned. Working with a group was also beneficial because there were several times my group members made great points that I may have missed working alone. Our group has met several times since the project has been assigned. I have been present at each meeting. Before we met the first time we decided we would read the case study in full to have an understanding of what we would need to do. Our first meeting we discussed the case study and our stance on what HP should do. We also discussed the questions within the case study and started our outline for our power point. Outside of the meeting I researched articles to gain background information. Our group had several more meetings at which we outlined our strategy report and assigned each person a portion of the report. When we were finished with our portion we would submit it to the rest of the group for proofreading. Everybody completed their task as set and we came together as a group and finalized the report. I, as well as the other members of the group, contributed to the makeup and layout of both the strategy report and the power point. Charnele Hodge Synopsis Being that this has been my first time in a group doing a strategy report on a company, I took away a few key elements. I have learned, understood, and properly used the purpose of a SWOT Analysis. I know this form of analysis will be used in my future endeavors, so I know it will be very beneficial to me. Also, I learned while in a group setting how to effectively achieve a SWOT Analysis to inform and persuade others to understand and see our point-of-view on our particular position. As a Business Management major, this group project has helped me realize that in not every group setting, that there needs to be a set leader. In my group, I felt that everyone meshed well with each other and there was not a constant need for someone to be in charge. Every group member knew what was at stake and that being at meetings and pulling her part in the group was essential. My individual contribution to the group was making sure that I gave my opinion on the different positions that we would be taking on the SWOT Analysis. I made it my individual objective to make sure that I pulled my part in completing each and every task that I volunteered to work on, that it was done properly, as well as completed on time. Being a Business Management major, I believe I helped bring balance among my other peers that are majoring in different genres in the college of business. I took a more realistic, rational approach to the group, in who would be better fit for particular objectives. Sakina Middleton Synopsis Conducting a strategy report required using resources from all aspects of my undergraduate studies. I was able to read the Hewlett-Packard and Compaq merger decision and understand the different aspects used to compile the information. In utilizing marketing concepts, I was able to conduct a strengths, weaknesses, opportunities, and threats (SWOT) analysis of Hewlett-Packard’s present company structure. My management background allowed for an understanding of company decisions made, such as whether to undergo a merger. Finally, the accounting knowledge I have acquired thus far has enabled me to read and comprehend the many financial statements used to decide which options should be made based on the factual numbers provided. Overall, my primary takeaway was my ability to read, comprehend, and analyze a case study regarding two merging companies with the knowledge and education provided by Savannah State University’s College of Business Administration. Throughout this project I was able to increase my ability to problem solve in a group of my colleagues. No one group is perfect, but the communication skills I have acquired allowed me to handle all situations appropriately and in a timely fashion. For this strategy report, I was responsible for arranging all group meetings regarding the collection and accumulation of information for the paper. I was the initiator of correspondence and also the channel of delivery for every member’s designated portion of the paper. My personal contribution includes the compilation on the strengths, weaknesses, opportunities, and threats of the present-day company Hewlett-Packard. I was also responsible for the editing of the final paper. Summer Wilcox Synopsis In March 2002, Hewlett- Packard’s current CEO and president, Carleton Firiona announced the acquiring of HP’s rival company, Compaq Computer. The merging of the two companies was designed to put Hewlett- Packard/Compaq in a position to challenge one of its top leaders in the industry, IBM. The merger was also designed to create a global technology powerhouse that would provide consumers with products and services demanded by profitable enterprise customers. After reading over the case, I started to feel like the merger was not going to be a success. The merger presented itself to be too risky. Although Hewlett Packard was aiming to become the industry’s leader by expanding into new markets, the idea of the merger just didn’t seem to look out for the best interest of the company. Management felt that HP and Compaq needed to improve their whole business structure to effectively compete with Dell which was the industry’s leader. They also felt that HP and Compaq’s leadership would complement each other in key markets such as the enterprise storage segment and storage area networks, and by having a broader portfolio of products and services. Management believed that HP and Compaq had a weak combination of products and services, and merging would strengthen that area. While some thought that the merger would be a success to Hewlett- Packard, there were some who were against it. Among those few were the director and son of HP cofounder William Hewlett, Walter Hewlett. Walter Hewlett was HP’s second largest shareholder and had a very powerful, important voting privilege of HP. Walter was against the merger for 4 main reasons. He felt the proposed merger would be worse, the integration risk of the proposed merger would be substantial, the financial impact on HP’s stockholders would remain negative, and the position of the company would not improve. I agree with opposing the merger of HP and Compaq. They knew from the beginning stages that the merger was going to be risky. Shareholders would lose and ample amount of value on their shares. Stockholders would get a very small amount of the combined company’s contribution to earnings. The merger would drown the stockholder’s interest in the imaging and printing business which is the most profitable of HP already. The merger would not improve the position of the company. Furthermore, HP had no experience with handling a merger of that size. All HP had to do was invest and focus more on the printing and imaging part of the company. The printing and imaging varied in low-end printers and supplies to commercial printing solutions. Instead of taking such a risky acquisition, they could have focused on something that proved already successful for the business. My contribution to the overall strategy report was to research where HP stands now. I also found official documents filed by both HP and Compaq to the SEC about the planned merger. The documents further explained forward- looking statements, assumptions, uncertainties, and risk of the planned merger between the two companies.

Effects of Alcohol and Fetal Alcohol Syndrome Essay -- Alcohol Alcohol

Effects of Alcohol and Fetal Alcohol Syndrome Works Cited Missing Alcohol plays a major role in society today. It is constantly being in our minds through advertisements, whether its commercials or billboards, holidays, or even just at the popular social scene. Alcohol is consumed for many purposes, such as celebrations, to increase romance, out of boredom, or a way to relax. Alcohol is a drug that is depended upon by the majority of our society. Nonetheless, alcohol has very damaging effects, not only does it cause self-inflicted diseases resembling alcoholism or cirrhosis of the liver, but it harms unborn fetuses as well. Many women drink alcohol when they do not even know that they are pregnant yet. Alcohol can cause disorders such as Fetal Alcohol Syndrome and Fetal Alcohol Effects.   Ã‚  Ã‚  Ã‚  Ã‚  Fetal Alcohol Syndrome, FAS, is a congenital disorder which is characterized by a variety of physical and behavioral traits that result from maternal alcohol consumption during pregnancy. The term Fetal Alcohol Effects, FAE, indicates that alcohol is being considered as one of the possible causes of a patient's birth defects. In other words, FAE is a less severe form of FAS. Both FAS and FAE are the results of the use of teratogens, which are nongenetic influences that can potentially complicate fetal development.(Harris, p.85)   Ã‚  Ã‚  Ã‚  Ã‚  FAS is due to the mother's consumption of alcohol during pregnancy. Alcohol in the woman's bloodstream circulates to the fetus via the placenta. There, the alcohol intrudes with the ability of the fetus to receive a sufficient amount of oxygen and nourishment for normal development in the brain and other body organs. The critical time for alcohol teratogenicity is around the time of conception. Effects of FAS/FAE   Ã‚  Ã‚  Ã‚  Ã‚  Although alcohol is the only cause of FAS, there are unfortunately numerous effects. Infants with FAS may have a weak sucking response and an irregular sucking pattern early in life. Some doctors describe them as distracted and fatigued when sucking. Withdrawal symptoms such as prolonged twitching, jitteriness, sweating, and hyperactivity have also been reported in infants exhibited to alcohol before birth. (Timberlake and Birch, p.1)   Ã‚  Ã‚  Ã‚  Ã‚  Prenatal alcohol exposure is one of the leading known causes of mental retardation in the United States. Mental retardation is usually mild to mode... ...st be an increase in the number of women who abstain from alcohol during their pregnancies. To reach that goal further research needs to continue. There must be an improvement in public health surveillance methods, a refinement in methods used for identifying children who have been affected by prenatal alcohol exposure, a demonstration in the effectiveness of primary prevention programs, and an investigation on the effectiveness of secondary intervention strategies, such as foster-care placement and special education strategies.(Centers for Disease Control and Prevention, p.4)   Ã‚  Ã‚  Ã‚  Ã‚  Not all women who drink during pregnancy will have an infant with FAS or FAE, but if there is a 40-50% risk of harming the fetus, why chance it? Women should be more careful when drinking, because drinking often leads to sex even if it is not planned. The best prevention for FAS/FAE is to either abstain from sexual intercourse while consuming alcohol, or abstain from alcohol while planning a pregnancy. Therefore sexual partners should use birth control. Fetal Alcohol Syndrome and Fetal Alcohol Effects are fully preventable and the responsibility lies within the role of being parents.

Spss Regression

Simple Linear Regression in SPSS 1. STAT 314 Ten Corvettes between 1 and 6 years old were randomly selected from last year’s sales records in Virginia Beach, Virginia. The following data were obtained, where x denotes age, in years, and y denotes sales price, in hundreds of dollars. x y a. b. c. d. e. f. g. h. i. j. k. l. m. 6 125 6 115 6 130 4 160 2 219 5 150 4 190 5 163 1 260 2 260 Graph the data in a scatterplot to determine if there is a possible linear relationship. Compute and interpret the linear correlation coefficient, r. Determine the regression equation for the data.Graph the regression equation and the data points. Identify outliers and potential influential observations. Compute and interpret the coefficient of determination, r2. Obtain the residuals and create a residual plot. Decide whether it is reasonable to consider that the assumptions for regression analysis are met by the variables in questions. At the 5% significance level, do the data provide sufficient evidence to conclude that the slope of the population regression line is not 0 and, hence, that age is useful as a predictor of sales price for Corvettes? Obtain and interpret a 95% confidence interval for the slope, ? of the population regression line that relates age to sales price for Corvettes. Obtain a point estimate for the mean sales price of all 4-year-old Corvettes. Determine a 95% confidence interval for the mean sales price of all 4-year-old Corvettes. Find the predicted sales price of Jack Smith’s 4-year-old Corvette. Determine a 95% prediction interval for the sales price of Jack Smith’s 4-year-old Corvette. Note that the following steps are not required for all analyses†¦only perform the necessary steps to complete your problem. Use the above steps as a guide to the correct SPSS steps. 1.Enter the age values into one variable and the corresponding sales price values into another variable (see figure, below). 2. Select Graphs ? Legacy Dialogs ? Scatte r/Dot†¦ (select Simple then click the Define button) with the Y Axis variable (Price) and the X Axis variable (Age) entered (see figures, below). Click â€Å"Titles†¦Ã¢â‚¬  to enter a descriptive title for your graph, and click â€Å"Continue†. Click â€Å"OK†. Your output should look similar to the figure below. a. Graph the data in a scatterplot to determine if there is a possible linear relationship. The points seem to follow a somewhat linear pattern with a negative slope. . Select Analyze ? Correlate ? Bivariate†¦ (see figure, below). 4. Select â€Å"Age† and â€Å"Price† as the variables, select â€Å"Pearson† as the correlation coefficient, and click â€Å" â€Å"OK† (see the left figure, below). b. Compute and interpret the linear correlation coefficient, r. The correlation coefficient is –0. 9679 (see the right figure, above). This value of r suggests a strong negative linear correlation since the value is n egative and close to –1. Since the above value of r suggests a strong negative linear correlation, the data points should be clustered closely about a negatively sloping regression line.This is consistent with the graph obtained above. Therefore, since we see a strong negative linear relationship between Age and Price, linear regression analysis can continue. 5. Since we eventually want to predict the price of 4-year-old Corvettes (parts j–m), enter the number â€Å"4† in the â€Å"Age† variable column of the data window after the last row. Enter a â€Å". † for the corresponding â€Å"Price† variable value (this lets SPSS know that we want a prediction for this value and not to include the value in any other computations) (see left figure, below). . Select Analyze ? Regression ? Linear†¦ (see right figure, above). 7. Select â€Å"Price† as the dependent variable and â€Å"Age† as the independent variable (see upperleft fi gure, below). Click â€Å"Statistics†, select â€Å"Estimates† and â€Å"Confidence Intervals† for the regression coefficients, select â€Å"Model fit† to obtain r2, and click â€Å"Continue† (see upper-right figure, below). Click â€Å"Plots†¦Ã¢â‚¬ , select â€Å"Normal Probability Plot† of the residuals, and click â€Å"Continue† (see lower-left figure, below).Click â€Å"Save†¦Ã¢â‚¬ , select â€Å"Unstandardized† predicted values, select â€Å"Unstandardized† and â€Å"Studentized† residuals, select â€Å"Mean† (to obtain a confidence interval†¦output in the Data Window) and â€Å"Individual† (to obtain a prediction interval†¦output in the Data Window) at the 95% level (or whatever level the problem requires), and click â€Å"Continue† (see lower-right figure, below). Click â€Å"OK†. The output from this procedure is extensive and will be shown in parts in th e following answers. c. Determine the regression equation for the data. From above, the regression equation is: Price = 29160. 1942 – (2790. 2913)(Age). 8.From within the output window, double-click on the scatterplot to enter Chart Editor mode. From the â€Å"Elements† menu, select â€Å"Fit Line at Total†. Click the close box. Now your scatterplot displays the linear regression line computed above. Graph the regression equation and the data points. d. e. Identify outliers and potential influential observations. There do not appear to be any points that lie far from the cluster of data points or far from the regression line; thus there are no possible outliers or influential observations. f. Compute and interpret the coefficient of determination, r2. The coefficient of determination is 0. 368; therefore, about 93. 68% of the variation in the price data is explained by age. The regression equation appears to be very useful for making predictions since the value of r 2 is close to 1. 9. The residuals and standardized values (as well as the predicted values, the confidence interval endpoints, and the prediction interval endpoints) can be found in the data window. 10. To create a residual plot, select Graphs ? Legacy Dialogs ? Scatter/Dot†¦ (Simple) with the residuals (RES_1) as the Y Axis variable and Age as the X Axis variable. Click â€Å"Titles†¦Ã¢â‚¬  to enter â€Å"Residual Plot† as the title for your graph, and click â€Å"Continue†.Click â€Å"OK†. Double-click the resulting graph in the output window, select â€Å"Options† ? â€Å"Y Axis Reference Line†, select the â€Å"Reference Line† tab in the properties window, add position of line â€Å"0†, and click â€Å"Apply†. Click the close box to exit the chart editor (see left plot, below). 11. To create a studentized residual plot (what the textbook calls a standardized residual plot), select Graphs ? Legacy Dialogs ? Scatter/Dot†¦ (Simple) with the studentized residuals (SRES_1) as the Y Axis variable and Age as the X Axis variable. Click â€Å"Titles†¦Ã¢â‚¬  to enter â€Å"Studentized Residual Plot† as the title for your graph, and click â€Å"Continue†.Click â€Å"OK†. Double-click the resulting graph in the output window, select â€Å"Options† ? â€Å"Y Axis Reference Line†, select the â€Å"Reference Line† tab in the properties window, add position of line â€Å"0†, and click â€Å"Apply†. If 2 and/or -2 are in the range covered by the y-axis, repeat the last steps to add a reference line at â€Å"2† and â€Å"-2† (see right plot, above); any points that are not between these lines are considered potential outliers. If 3 and/or -3 are in the range covered by the y-axis, repeat the last steps to add a reference line at â€Å"3† and â€Å"-3†; any points that are beyond these lines are considered ou tliers. 2. To assess the normality of the residuals, consult the P-P Plot from the regression output. g. Obtain the residuals and create a residual plot. Decide whether it is reasonable to consider that the assumptions for regression analysis are met by the variables in questions. The residual plot shows a random scatter of the points (independence) with a constant spread (constant variance). The studentized residual plot shows a random scatter of the points (independence) with a constant spread (constant variance) with no values beyond the  ±2 standard deviation reference lines (no outliers).The normal probability plot of the residuals shows the points close to a diagonal line; therefore, the residuals appear to be approximately normally distributed. Thus, the assumptions for regression analysis appear to be met. h. At the 10% significance level, do the data provide sufficient evidence to conclude that the slope of the population regression line is not 0 and, hence, that age is u seful as a predictor of sales price for Corvettes? Step 1: Hypotheses H 0 : ! = 0 (Age is not a useful predictor of price. ) H a : ! † 0 (Age is a useful predictor of price. ) Step 2: Step 3: Step 4: Significance Level ! 0. 05 Critical Value(s) and Rejection Region(s) Reject the null hypothesis if p-value ? 0. 05. Test Statistic (choose either the T-test method or the F-test method†¦not both) T = –10. 8873, and p-value = 0. 00000448 Step 5: Step 6: F = 118. 5330, and p-value = 0. 00000448 Conclusion Since p-value = 0. 00000448 ? 0. 05, we shall reject the null hypothesis. State conclusion in words At the ! = 0. 05 level of significance, there exists enough evidence to conclude that the slope of the population regression line is not zero and, hence, that age is useful as a predictor of price for Corvettes. . Obtain and interpret a 95% confidence interval for the slope, ? , of the population regression line that relates age to sales price for Corvettes. We are 95% co nfident that the slope of the true regression line is somewhere between –3381. 2946 and –2199. 2880. In other words, we are 95% confident that for every year older Corvettes get, their average price decreases somewhere between $3,381. 2946 and $2,199. 2880. j. Obtain a point estimate for the mean sales price of all 4-year-old Corvettes. The point estimate (PRE_1) is 17999. 0291 dollars ($17,999. 0291). k.Determine a 95% confidence interval for the mean sales price of all 4-year-old Corvettes. We are 95% confident that the mean sales price of all four-year-old Corvettes is somewhere between $16,958. 4604 (LMCI_1) and $19,039. 5978 (UMCI_1). l. Find the predicted sales price of Jack Smith’s selected 4-year-old Corvette. The predicted sales price is 17999. 0291 dollars ($17,999. 0291). m. Determine a 95% prediction interval for the sales price of Jack Smith’s 4-year-old Corvette. We are 95% certain that the individual sales price of Jack Smith? s Corvette wi ll be somewhere between $14,552. 9173 (LICI_1) and $21,445. 1410 (UICI_1).

I Introduction. 1.What Role Did Zionism Play In Influencing

I: INTRODUCTION 1. What role did Zionism play in influencing Inter-Arab state politics? 2. In what ways did Western Imperialism mobilize Zionism and Arab Nationalism? 3. What were the key differences between Zionism and Arab Nationalism? 4. Was the 1948 Palestinian/Israeli war inevitable, or could it have been avoided? II: Theoretical Framework This essay will seek to examine the role Identity Politics played in the conflict between Zionism and its Arab neighbors in the Middle East. At the core of Identity Politics, Nationalism is one of the driving forces. The theoretical framework of the concept ‘Nationalism’ is multifaceted and has been ardently debated by scholars. For the sake of brevity and context for this essay, we’ll examine†¦show more content†¦Because of historical religious ties the Jews had with Jerusalem, Zionists began migrating to Palestine in waves known as the aliyot. The first aliyot occurred in 1882 and lasted until 1903. It’s important to note, that the vast majority of Jewish immigrants were moving to the United States instead of Palestine. Approximately 1.5-2 million Jews went to the US, while only 115,000 went to Palestine during this time period. This demonstrates the small amount of support the movement of Zionism initially received from the Jewish community. It wasn’t until the early 1920s when the US tightened immigration policies that mass amounts of Jews started immigrating into Palestine. The significant rise of Zionism in Palestine between WWI and WWII was seen as a threat to the Arab community. In 1922 the annual immigration was a few thousand annually, by 1935 Jewish immigration had risen to 62,000. A surge of Palestinian Nationalism developed as a result, and tensions between the ethnocentric rivalry steadily escalated. Egypt and its brand of Arab Nationalism was also taking root during this time period, and played a notable role in supporting Palestine in its struggle against Zionism. In 1936 the Palestinian Arabs made a list of demands in an effort to squelch Zionism; prohibition of Jewish immigrants, outlawing Jews from purchasing property, and formal independence. Attempts at negotiations were made, in 1937 the Peel Commission proposed a mandate that would partition

Example Answers to Tasks on STRATEGIC HUMAN RESOURCE MANAGEMENT - Free Essay Example

Sample details Pages: 9 Words: 2593 Downloads: 4 Date added: 2017/06/26 Category Management Essay Type Analytical essay Did you like this example? The purpose of this assignment will try to critically examine the short coming in CPP (NALCO), human resource management. It will try to explain the importance of strategic of human resource management and it probable contribution to the company. Human resource is the backbone of an organisation. Don’t waste time! Our writers will create an original "Example Answers to Tasks on STRATEGIC HUMAN RESOURCE MANAGEMENT" essay for you Create order Strategic human resource management is a branch of human resource management. In an organization SHRM means accepting and involving the HR function as a strategic partner in the formulation and implementation of the companys strategies through HR activities such as recruiting, selecting, training and rewarding personnel. Armstrong (2000). Strategic Human Resource Management is a concept that integrates traditional human resource management activities within an organisations overall strategic planning and implementation. SHRM integrates human resource considerations with other physical, financial and technological resources in the setting of goals and solving complex organisational problems. Legnick-Hall Legnick- hall, (1988). Case study NALCO The case study discusses about the human resource management policies adopted by Captive Power Plant (CPP), a power plant set up by National Aluminium Company (NALCO) in India. The study discusses about the human resource development in the organisation and the practices with the organisations overall corporate strategy. It details relate to the employee training, training and development, mentoring and work-life balance. It also describes how the organisation has established a culture of poor performance and struggling to achieve its strategic goals. The case study concludes with the suggestion on whether the CPP can further optimize its returns by modifying its HRM practices to prepare itself for the future. TASK-1 Purpose of the Strategic Human Resource Management in CPP (NALCO) The purpose of Strategic Human Resource Management is to create strategic capability by ensuring that the company has the well-motivated, skilled and committed employees to achieve its strategic goals and to provide a sense direction in a turbulent environment. SHRM consists with both Human capital requirements and the development of the process. It provides a perspective way in critical issues or in success factors which relates to people, major impact on strategic decisions and success of the organisation. Todays corporate world became an extremely complex and competitive market. Scaling and heights of the success in business is not easy task. Now a day for any organisation, employees play a key role to success of the organisation. It does not mean that only an employee will do the best job, but also means that every employee must be right for the job what they are doing. Captive Power Plant (CPP), a public sector power plant, a power unit on National Aluminium Company (NALCO) . It operates in an inclusive environment; this means a culture that gives stress on individual and cultural differences. The management of the company has very old and poor culture which has lack of flexibility among the employees. It has got an unstructured organisational culture. The company has lack of interest to the developing human resource, not interest on the employees. Although it is a very old company, the traditional management systems of the organisation still supporting. They are making policies of human resource which has been used by the management without any consultation of any other department. The management decision making in functional orientation of the company hampering the cross-functional perspective. So it is very complicated for the whole management system which can be a big loss for the organisation. For their hierarchical decision making, that can be effect on response from the employee. Organisational culture is made by the value of assumptions, bel iefs and those are shared by the whole members of the organisation. It has been created by the top level management or team members which presents the important unit of the work environment in which the employee do their jobs. The idea in this culture sometimes most of the employee cannot touch which is intangible, but it can be feel and follow. The management system and organisational culture affects all over the organisation. The work culture of CPP is not giving the important for its employees and executed by hierarchical and rigid culture. The company had adopted the traditional structure which needs a big change in responds to rapidly changing markets and conditions in order to competitive and grow. Good management culture motivated the employees to perform more and more and provide the optimum output for the organisation. Organisation should believe in the philosophy of people first than all other thing in the organisation. CPP has created an environment where the people ar e not happy to work. Most of the employee takes sick holiday, more absenteeism, irregular on work. Strategic human resource management is the way to help the company to satisfy the needs of the employees while desiring the goals. Human resource consult with any part of the company that effect on employees, such as training and development,, hiring and firing, pay incentives, safety information and sick or vacation days. However, the management of the company pointed out that it could not allow highly accelerated career growth due to the companys unstable career policy. The company felt that there is no job secure in the company. It has to considerable the stability at the company, so that employee can work stress-free and could give their best to the company. TASK-2 Developing Human Resource Plan An organisation always thrives on challenges and tries to overcome those and prove itself to its effort to prosper. Many organisations fall upon major assets, the human resource to achieve its strategic goals. Forcefully workforce in an organisation is not a key of chance. In fact CPP has led the public sector undertaking in setting traditional management structure. Human resource is the back bone of any organisation. It provides the most important policies for the organisation to achieve its objectives. As the time of developing and expanding of the organisation, the human resource department of the organisation needs to change the policy and the regulation according to the employee satisfaction. So it helps the organisation to achieve its strategic goals. The main elements of human resources are like planning, recruiting, training and development, performance and measurement. Planning is a process of determining the strategic goals of an organisation and developing the stra tegies with the operation and utilizing resources towards setting goals and objective. A human resource manager needs to plan for the future according to the external environment of the company like competitor, government policy, and labour market. He needs to know if there are required skills needed or if there are few people with the type of skill needed by the company. It is all about recruiting the right people and developing them with the new strategy. In case of recruitment and selection it is very important to know when, why and how to recruit staff. Organisation recruit the employee so business can be expand and changing job roles within the business because of new skills and new technology. Employees are also recruited due to the company needs to fill the vacancies. Training could be defined as a learning experience or activity of the work, making the high performance of employees which will turn the business successful. Training provides to the employee to contribute the effective of an organisation, while on the other hand employee also get development itself. In order to competitive business the performance of the management needs to monitor employee effectively. Some of the organisation use to monitoring the performance of their employees like performance reviews, self-evaluation, peer evaluation and target setting for individual or group. TASK-3 Principal Impacts on Human Recourse Management The impact of strategic of human resource management in an organisational culture of a company, it influence by life values, thinking patterns and behavioural modes of senior managers and employees. When organisational culture and strategies of human resource management supplement each other, the strategies can exert their effectiveness and competitive advantages. The organisational culture provides an equal and open environment for the senior managers and the employees to communicate frankly and share their knowledge and study from each other. It is on the base of frequent communication, mutual supporting, and trust between employees. Improving the effectiveness of Human Resource Management CPP is a big company but recruits less amount of people during the year. It should be aim to ensure that they attract and offer employment, to either internal or external applicants who are most suitable for the current and future needs of the business. When there are some new opportunities for internal staff, the company has to advertise the new job. They have to advertise the job by using the Internet, newspapers and job centres. If anyone is interested then they can apply and if selection has been done that, they will go for an interview. For an interview the interviewer will ask the candidate a set of questions. This questioner will include questions, which will be the main objective or details of an employee, those the company is looking for. Training and development programme There are different types of training for different position. Company should provide the specific training every six months. Different types of training such has on going, training framework, care skills, health safety, legal, and multi- skill. Performance management The organisation should monitor the performance of its employees by giving them a review plan once a year depending on different department. To academic aspiration of employees company should sponsor employees to induct for courses which are basic require of an employee. To meet the strategic goal of becoming a learning organisation, company should integrated knowledge management system which will be facilitates tactic knowledge of employees for the future reference. Appraisal system has to be carried out every 12 months. An appraisal system is an opportunity to discuss with members of staff whats going well, what can be improved, how they would like to develop and any reasonable suggestion from any member of staff. At CPP these meeting are done between the manager and CPPs employee. These meeting are also confidential. The pay and reward system should be every year for the best member or members of staff that have contributed to the company in respectively. Organisation will give certificates of recognition, praise and value awards. Rewards and Recognition Creating a new organisational culture of rewards and recognitions through an events, function and celebration of various achievements and recognising the contributions for the success of organisation. Career Advancement Opportunities Talent management system in an organisational culture is to ensure that the commitment of meaningful growth new challenges for the employees. Talent management should comprise with performance management, career paths and leadership development. TASK- 4 Purpose of Human Resource Management Policies in an Organisation The purpose of Human resource management policies is to well establish, develop, maintain and communicate office policies throughout the entire company providing help, advise and consult with the employees (www.smallbusinessbible.org). Handling people is always hard task and difficult people are always hard to handle. With the help of Human Resource department, employees can work together in a cordial and friendly atmosphere with their peers to create an effective business mechanism. John Purcell (1993) considers that when in an organisation applied new policies and practices, it often associated with such words like organisational commitment, competence, empowerment, flexibility, organisation culture, performance, assessment, reward, teamwork, involvement, cooperation, harmonization, quality and learning. These policies are intended to support the effectiveness of the human resource function. An organisation introduces their Human Resource Policies for very different reason. Th ese are including: To support their general management strategy To follow the latest developments in effective people management To comply with existing or new rules and regulation Complying with the government rules and regulations To keep up with the competitors particularly in a tight labour market. Purpose of Human Resource Management Policies in CPP CPP has adopted a visionary approach to address the issue of corporate social responsibility since inception. CPP management takes every care to promote and fulfil the recreational and health requirements of the employees. It creates different social groups to organise their project with cultural traditions and social values. Recruitment and Selection policy Recruitment is the process of employing the staff in an organisation and then selection consists of choosing suitable candidate from the application form to fill the post. Recruiting procedure can be done through internally by recruitment within the firm or externally by recruiting people from outside. When in an organisation forming a recruitment policy, it comes with some elements like job analysis, job profile, recruitment advertising, selection techniques, interviews, references, medical examinations, asylum and immigration, documentation and equal opportunities monitoring. The recruitment policy had provisions to give preference to marginalised classes of society like the scheduled castes/tribes, economically backward classes, Ex-servicemen, persons uprooted from the project areas, physically handicapped and dependents of regular employees who die in harness. Specific provisions are made for reservation and concessions to SC/ST and physically handicapped persons. Recognition to employee CPP has introduced a combined team Award Scheme to bring in an inter-unit competitiveness in various areas of activity, leading to excellence and perfection. With this in mind CPP is introducing inter-project competitions in Productivity, Safety, House Keeping, Industrial Relations, and Improvement Protection in the Environment. The objective of the Award Scheme is to induce a Team Spirit amongst all employees of Projects/Stations, to bring in a sense of competitiveness amongst all employees and the teams and to reward the best performing project. Training development In organisation, training consists of the way of developing skills with productivity and quality of work and accepted as a method of improving the skill of employees in work environment. To meet the objective of the effective organisation it depends on skills, abilities and commitment of the employees who contribute the most important asset of the organisation. In CPP it has developed its own comprehensive training infrastructure, which envisages a minimum of 7 man days of training per employee per year. Gender equality The HR policies and the practices ensure gender equality. CPP is one of the few organizations to have a policy for grant of paternity leave. Adequate mechanism has been provided in the form of a committee for investigating complaints relating to sexual harassment of working women. CPP also taps rich resources available in families of employees. Ladies clubs at each of the projects utilises this potential for educational, health and other community development projects in and around the project areas. SC/ST CPP has endeavoured that it takes responsibility for adequate representation of SC/ST and OBC categories in employment. Towards this effort, there have been exclusive advertisements/notifications for employment of SC/ST category candidates. These vacancies are circulated to all accredited SC/ST associations as prescribed under Govt. guidelines. Social efforts for physical handicapped people CPP has a deep-rooted commitment to reach out and light up lives of physically challenged people. Apart from the medical camps as described above, equal employment opportunities are offered to this special category of individuals as defined under Persons with Disabilities (Equal Opportunities, Protection of Rights and Full participation) Act 1995. With 125 such persons already provided regular employment, 200 odd are more likely to be recruited at various projects in the near future. Such a massive effort of this magnitude has never been undertaken by any organisation in the past. This has been done because CPP has committed itself to provide enhanced employment opportunities to disabled persons. Health Safety The organization provides comprehensive medical care to employees and their families inclusive of primitive, curative and preventive healthcare. It also provides adequate health care to the community around the project sites. conclusion

generalized anxiety disorder Essay - 1107 Words

Generalized Anxiety Disorder Generalized Anxiety Disorder (GAD) is a chronic and often disabling condition that is associated with uncontrollable worry and tension. The vicious cycle of anxiety and worry interferes with relationships, careers, and education, and often leads to depression. This disorder is much more than the normal anxiety that everyone experiences from time to time, and can be crippling in its severity. GAD is unlikely to disappear without proper treatment, and often worsens over time. Physical manifestations of GAD often include headaches, trembling, twitching, fatigue, irritability, frustration, muscle tension, and inability to concentrate. Sleep disturbances may also occur. Individuals suffering from this disorder†¦show more content†¦5.nbsp;nbsp;nbsp;nbsp;nbsp;The anxiety, worry, or physical symptoms cause clinically significant distress or impairment in social, occupational, or other important areas of functioning. 6.nbsp;nbsp;nbsp;nbsp;nbsp;The disturbances is not due to the direct physiological effects of a substance (e.g. a drug of abuse, a medication) or a general medical condition (e.g. hyperthyroidism) and does not occur exclusively during a Mood Disorder, a Psychotic Disorder, or a Pervasive Developmental Disorder. Treatment of GAD: Medications: Benzodiazepines- Medications such as Klonopin, Ativan, Valium, and Xanax often bring quick relief from the symptoms of anxiety. They are generally used while waiting for other medications to begin working, as addiction and tolerance is possible. 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the Saatchi Gallery Free Essays

As an art gallery that exists both in actuality as well as virtually, the Saatchi Gallery is second to none in the volume and quality of work housed on its website and in its halls. In fact, Saatchi represents the standard against which all other galleries are measured, and indeed may itself be the definitive source for accessing contemporary art of all styles. The gallery uses several methods to publish the creative work of the thousands of artists that utilise its services as a means of promoting themselves. We will write a custom essay sample on the Saatchi Gallery or any similar topic only for you Order Now In its online form, a wide variety of rooms exist in which artists may not only post samples of their work, but also interact with the other artists and with the art lovers that frequent its cyber-halls. Such rooms as the Stuart Room, provide a place for students of the visual arts to display their own work and form networks to promote and discuss art. The Crits Room allows other artists the opportunity to critique the works placed there on display, while a room exists in which street artists have the freedom to create and display their works without prejudice, but rather with acclaim. Other resources on the site also allow for the actual creation of artistic pieces, such as the availability of an online studio. In addition to this, the gallery (both London- and online-based) hosts a wide variety of exhibitions based on important historical or cultural themes. It includes culture-based themes such as â€Å"USA Today: New American Art,† â€Å"Germania: New Art from Germany,† and â€Å"New Britannia. † Exhibitions are also held under such themes as â€Å"The Power of Paper† and â€Å"Shape of Things to Come† in order to underscore the strength of these respective artistic mediums. The Saatchi Gallery therefore offers more than a portal to viewing art: it is a means of creating, exploring, and understanding current art as well as shaping its direction for the future. Showdown The Saatchi Gallery hosts its artist â€Å"Showdown† as a means of promoting and rewarding artists that demonstrate themselves as possessing extraordinary talent. It is also a means of getting popular opinion on the works of these up-and-coming artists. Over a one-week period, Saatchi accepts one piece of art work from each artist that chooses to enter the contest. Submissions are accepted between 9:00 a. m. on Monday until 6:00 p. m. on the following Sunday. Voting then begins, and each visitor to the site is allowed to rate the quality of each piece of work submitted. Visitors may vote on as many pieces as they wish, but are allotted only one vote for each individual piece. They indicate their preference for a particular work by rating it on a scale of one (1) to ten (10). After the scores are tallied, a duel begins between the two artists who have attained the highest scores. These two leaders vie for a chance to enter the final showdown, where the winners of twelve such rounds go head to head for the final prize of ?1000 for the winner and ?750 for the runner up. Entrance into this event on the Saatchi website is free and easy, and it holds the promise of furthering the careers of not just the talented winners but also of the wide variety of talented entrants whose works will be seen by Saatchi’s large viewing audience. The competition is also a means of exposing young artists to the triumphs and pitfalls that are likely to attend them throughout their entire artistic career. Therefore, artists not only get the chance to benefit monetarily, but also the chance to develop as a professional businessperson. Art Fair The Saatchi Gallery acts as a means of informing the public about the plethora of art events that take place annually around the globe. Within its pages, it is possible to find the profiles of those organisations that host and promote art shows in the various cities, regions, and countries of the world. Local, regional and international events are promoted on the site daily, with images, descriptions, and other critical information that enables the selective art lover to determine the likelihood of the event to suit his/her preferences. Saatchi welcomes all event hosts to utilise this resource as a means of getting traffic to their art shows or fairs, as well as to their website. In fact, this resource is offered free of charge to such art fair event planners, and they are welcome to use as many pages as necessary to aptly describe their fair and reach out to their intended audience. Upon choosing a username and password, event hosts are able to create a profile of their event that includes various dimensions. In addition to venue, hours, tickets/prices, directions and exhibitor profiles, space is granted for the inclusion of information about sponsors and also to upload pictures, images, or other graphics that will enhance the appeal of the event in the eyes of the public. Furthermore, the Saatchi gallery supports the editing of such event profiles so that pertinent information regarding the fair may be added at any time after the initial posting. This resource’s value has already been discovered by hundreds of artistic organisations, and the benefits gained by their use of the service have been incalculable. With this service, Saatchi offers next-generation methods of on-demand promotion to meet the requirements of 21st century art aficionados. Photographers The breadth and scope of the Saatchi Gallery’s influence in the world of art can be gauged by the variety of artistic genres to which it extends its facility. Saatchi extends all courtesies granted to artists also to a large number of photographers, and caters especially to those photo-artists who have gone unrecognised despite having produced consistently solid and meritorious work throughout their careers. The gallery bars no photographer on grounds of his/her cultural, national or ethnic background. Rather, cultural diversity is encouraged and fostered in the international artistic forum that the Saatchi Gallery has become. Photographers are welcome to upload their work to the website after completing a short registration process. Images should be uploaded as jpg files of a size no greater than 2 megabytes. Upon uploading, their work becomes viewable by the millions of viewers already frequenting the site, and accessible to the hundreds of art-oriented websites that link to Saatchi Online. For any photographer, this resource is invaluable in its ability to vivify their career as an artist. All are given the freedom to create their own profiles online and upload up to eight (8) pieces that they believe are most representative of their artistic talent and creative posture. Photographers are also allowed the chance to make contact with those interested in their work, and this group may range from admirers to potential buyers. The gallery also enhances the networking capabilities of these photographers with respect both to their work and to the work of others in their field. It allows them the chance to converse with photographers and critics alike as a means of gaining inspiration or of improving the quality of their future work. Saatchi Online is therefore an indispensable tool for the improvement of artistic photography careers on an international scale. How to cite the Saatchi Gallery, Papers