Tuesday, May 26, 2020

Essay Topics For Bank Po Exam - Save Time and Make Your Essay Interesting

Essay Topics For Bank Po Exam - Save Time and Make Your Essay InterestingAs you begin your quest to pass the next bank exam, you will have to ensure that you are utilizing the most current essay topics for your essay. This means you need to be making the most of what is available and making sure that your essay is not a waste of time and effort.Many people may have taken a test for a position in the corporate world, but did not realize that they had taken a bank exam. Many people think that when they take a test for a position, that they have passed it. In fact, many companies use testing in order to measure their applicants for the positions they are hiring.Most businesses do not take the time to teach their employees how to write an essay, but when they do require an essay to be written, they do not teach it to them. They are just happy if the person is proficient at writing about a current topic. They know that at the end of the day, they are able to hire the best people for the j ob.One of the best essay topics for bank exam that you can use is about current events. This allows you to work with current events and make a personal opinion about them. The problem is that when it comes to essay topics for the bank exam, you cannot use current events because you will find out that you will not be able to use this topic because your essay will be considered boring and uninteresting.Instead, you will want to utilize current events essays because you can make the topic interesting without using current events. Many times these topics can be in any form, such as a newspaper article, a newspaper column, or an opinion piece. The key to writing good current events essays is making sure that the topics are new, well thought out, and surprising.Remember that you can always use current events and make a personal opinion, but you will need to choose topics that interest you. You do not want to have boring topics that are written by a committee, but instead you will want to have topics that you can explain yourself. You do not want to use topics that are pre-written either.Take the time to choose your essay topics carefully so that you can pass the next bank exam and earn your first real job. Good luck!

Monday, May 18, 2020

Post-Traumatic Stress Disorder Research Paper - 6725 Words

Abstract Posttraumatic stress disorder (PTSD) is a widespread disorder that affects certain individuals psychologically, behaviorally, and emotionally following the experience of a traumatic event (Lee et al., 2005, p. 135). However, because of inconsistencies regarding the percentage of individuals who experience PTSD and the percentage of individuals who subsequently develop PTSD, researchers hypothesize that both biological and environmental factors contribute to the development of PTSD (Wolf et al. 2010, p. 328). In order gain a better understanding of this disorder and to discover contributing and predicative factors which contribute to the development of PTSD, this paper analyses the historical context and prevalence of PTSD, the†¦show more content†¦A physical indicator of this type of symptom is nightmares in which the individual relives the event. Re-experiencing symptoms are often triggered by a sound, sight, or event that causes the individual to relive the initial trauma. For example, triggers might include a seemingly trivial occurrence such as hearing a car backfire which could resurface memories of gunfire for a combat war Veteran, or seeing a car accident which can remind a crash survivor of their own accident (Friedman, 2007). The second type of symptom frequently occurring in individuals with PTSD is avoiding situations that serve as a reminder of the initial event. Individuals with this symptom may choose to purposely avoid situations or people that trigger memories of the initial traumatic event (Friedman, 2007). For example, a person who underwent a devastating earthquake may avoid watching television shows or movies involving earthquakes. Also these individuals may simply attempt to stay extremely busy to avoid having to think or to talk about the traumatic event that occurred. The third type of symptom most often experienced by individuals is emotional numbness (Friedman, 2007). Often victims of PTSD find it difficult to accurately expre ss their feelings. Consequently, not only is it easier for these individuals to avoid expressing their feelings, but it also allows them to avoid memories of the catalytic event. IndividualsShow MoreRelatedPost Traumatic Stress Disorder Research Paper975 Words   |  4 PagesThe topic of this paper is post-traumatic stress disorder (PTSD) viewed and discussed through a trauma theory lens. PTSD is typically associated with veteran and military personnel; in fact, one in six Army and Marine veterans of Operation Enduring Freedom and Operation Iraqi Freedom, and women are more than twice as likely to develop the disorder than man (Satcher, Tepper, Thrashwer, Rachel, 2012). Although usually associated with the military, PTSD affects many different facets of the populationRead MorePost-Traumatic-Stress-Disorder Research Paper757 Words   |  3 Pages   Ã‚  Ã‚  Ã‚  Post-traumatic-stress-disorder (PTSD) is part of many veteran’s lives in the U.S. today. PTSD is a serious mental and emotional disorder that people often don’t understand or don’t know about. It’s defined as a mental illness that develops after a person has lived through a traumatizing event, such as sexual assault, physical abuse, threat of death, or serious injury. Most people who experience a distressing event don’t develop PTSD, but for those who do, it’s extremely terrifying to go throughRead MorePost Traumatic Stress Disorder Research Paper5425 Words   |  22 PagesIntroduction According to the Diagnostic and Statistical Manual of Mental Disorders Fifth Edition (DSM-5), the projected lifetime risk for Posttraumatic Stress Disorder (PTSD) is 8.7% by the age of 75 (American Psychiatric Association, 2013). While 8.7% may not initially seem like much, that is almost 28 million people living in the United States who could develop PTSD by the time they turn 75. The most disconcerting aspect about this statistic is that it does not include other factors that increaseRead MoreDreaming and Posttraumatic Stress Disorder: The Connection974 Words   |  4 PagesIntroduction According to the dictionary diagnosis in PsychCentral, Post-Traumatic Stress Disorder is defined as a â€Å"debilitating mental disorder that follows experiencing or witnessing an extremely traumatic, tragic, or terrifying event† (PTSD Info Treatment, 2013). While this definition describes the general definition of PTSD, the DSM-IV states that the criteria for being diagnosed with PTSD varies between a person who â€Å"experienced, witnessed, or was confronted with an event or events that involvedRead More Post-Traumatic Stress Disorder Essay1420 Words   |  6 Pagesof psychiatric disorders listed in the Diagnostic and Statistical Manual of Mental Disorders, 4th ed. (DSM-IV). One of them is called Post-traumatic stress disorder (PTSD). Based on the research, post-traumatic disorder usually occurs following the experience or witnessing of life-threatening events such as military combat, natural disasters, terrorist incidents, serious accidents, or violent personal assaults like rape (Harvard Women’s Health Watch, 2005). The purpose of this paper is to discussRead MoreResearch Based Interventions Paper1727 Words   |  7 Pagesï » ¿ Research- Based Intervention on Post- Traumatic Stress Disorder Erica Mariscal Vigil PSYCH 650 Dr. Harry Beaman 05/25/15 Research- Based Intervention on Post- Traumatic Stress Disorder According to Butcher, Mineka, and Hooley (2013), Post-Traumatic Stress Disorder (PTSD), is a â€Å"disorder that occurs following an extreme traumatic event, in which a person re-experiences the event, avoids reminders of the trauma, and exhibits persistent increased arousal†. An example may be, a person whoRead MorePost Traumatic Stress Disorder ( Ptsd )989 Words   |  4 Pages Post Traumatic Stress Disorder Sarah Batson Eastern Florida State College, Melbourne CLP 2140 03M Abstract In today s society, it has become prevalent that the amount of individuals suffering from mental illnesses is rapidly increasing. This paper will focus on one of the disorders associated with mental illness – Post Traumatic Stress Disorder. The introduction will define and describe the disorder, and the following paragraphs will discuss causes, symptoms, target populationsRead MoreMethods of Treating Post Traumatic Stress Disorder Essay924 Words   |  4 PagesWhen humans undergo traumatic events that threaten their safety and wellbeing, they may become vulnerable to nightmares, fear, excessive anxiety, depression, and trembling. Post Traumatic Stress Disorder (PTSD) is a psychological illness that results from the occurrence of a â€Å"terribly frightening, life-threatening, or otherwise unsafe experience† (Posttraumatic Stress Disorder (PTSD), 2012). This condition often leads to unbearable stress and anxiety. PTSD is significantly prevalent as indicatedRead MoreIntr oduction. In This Paper, I Am Going To Talk About Acute1159 Words   |  5 PagesIntroduction In this paper, I am going to talk about Acute Stress Disorder and how it affects the daily lives of people who have it. What exactly is Acute Stress Disorder? According to Steve Bressert, a doctor in philosophy, ASD is: Acute Stress Disorder is characterized by the development of severe anxiety, dissociative, and other symptoms that occurs within one month after exposure to an extreme traumatic stressor (e.g., witnessing a death or serious accident). As a response to the traumatic event, theRead MorePost Traumatic Stress Disorder ( Ptsd ) Essay1321 Words   |  6 Pages Post-traumatic stress disorder also known as PTSD. Post-traumatic stress disorder is developed from a scary, dangerous or shocking events. For example, a soldier exposed to a near death experience or a scary event overseas could cause that person to be diagnose with PTSD. Also another example, could be someone in Miami experiencing a category 5 hurricane and have everything taken away from them. Research on OEF/OIF Veterans suggests that 10% to 18% of OEF/OIF troops are likely to have PTSD after

Saturday, May 16, 2020

Adolf Hitler s Biography Early Childhood Through...

Adolf Hitler’s Biography Early childhood through adolescence Adolf Hitler was born April 20, 1889, In Braunau am inn, Austria, the largest town in the upper Austrian Innviertel region. Adolf was the fourth child of six to Alois Hitler and Klara PÃ ¶lzl. (Rise of Hitler: Adolf Hitler Is Born). At the age of 3 his family moved to Passau, Germany, there he acquired the distinctive lower Bavarian dialect, rather than Austrian German, which marked his speech throughout his life. In 1894 Adolf’s family moved back to Austria and settled in Leonding where he attended his studies in Volksschule, a primary school in nearby Fischlham. The discipline of his new school caused Adolf to start acting out and add to the father-son conflict that had already existed. in 1897 the Hitler family moved to Lambach, by this time Adolf was eight and took singing lessons, sang in the church choir and even considered becoming a priest but that changed when the family returned once again and finally decided to stay in Leonding. (Adolf Hitler: Early Years) In 1900 the death of Edmund Hitler, the youngest sibling, Hitler was deeply affected, and his personality changed from confident, outgoing, conscientious student to a detached and sullen boy who fought constantly with his father and teachers. Alois Hitler, his father, had a successful career in the customs bureau and wanted his son to take up in his footsteps so he put Adolf in Realschule, a secondary school in Linz, in September of 1900, but Adolf

Wednesday, May 6, 2020

Description, Analysis And Discussion Of Internship Essay

Description, analysis and discussion of the internship’s activities: For my community service internship, researching innovative and interesting ideas was an everyday occupation. When dealing with seniors, or patients that suffer from different types of diseases your work, becomes much more of a responsibility because you need to find activities that can be executed by everyone and in the same time are helpful and may improve their capabilities. My community service internship was a big challenge for me and demanded a lot of hard work and researches, but it was worth it at the end of the day because I knew all the patients were having fun and improving themselves. Physical activities: †¢ Regular Exercising and physical activities are important to the wellbeing of the human body’s physical and mental health. Although physical activity is underrated nowadays, it is a big important extent in everybody’s life in order to stay happy, stress-free and independent while aging. Constant exercising influences on your long-term health and welfare. Aside from the benefit of staying in shape, physical activity will reduce the risk of possible future health problems or disease development. Studies have shown that people who are suffering from chronic diseases for example: diabetes, heart disease, or arthritis, benefit from regular exercising. In addition to being an effective treatment for people with high blood pressure, difficulty walking, or balance problems. There are noShow MoreRelatedA Research On The Public Sector914 Words   |  4 Pagesjob description, developing recruitment and selection techniques, providing continuous training, and making sure that routine performance appraisals are carried out. The purpose of this essay is to provide and in-depth discussion of each of these factors and to educate its readers on why they play a significant role in the success of a new hire for a public organization. The first step in hiring a new employee is to develop a clear and descriptive job analysis and description. A job analysis isRead MoreThe Legal Aspects Of The Health Forecasting Course Essay919 Words   |  4 Pagesthe complex task of healing patients. During the course we learned the legal aspects of human resources, importance of job descriptions and interview tactics. Good forecasting and budgeting provides financial stability and the ability to confidently care for patients. The health forecasting course provided the ability to make service line decisions, perform value analysis, pricing, and capital budgeting. During quantitative methods the main objectives of the course were to obtain databases, manipulateRead MorePersonal Statement : Marketing Plan1298 Words   |  6 Pagesreach my target market. The use of discussion boards will be vital for achieving my goals, along with social publishing in the form of articles, videos, blogs, and more. This was all done at no cost and will be truly beneficial both now and in my future endeavors. All this will increase the awareness of my personal brand and position me in a positive manner relative to my competition in the mind of business professionals. Situation Analysis Company Description My love for both creativity and organizedRead MoreStrategic Management and Cold Stone Creamery1255 Words   |  6 PagesMBA 6601 Unit V Unit V Discussion Board Write an international mini-plan for a company that interests you (or a product/service that you want to sell yourself). Address the following in your mini-plan: * Location of value-added functions—The choice of where to locate each of the functions that comprise the entire value-added chain, from research to production to after-sales servicing * Location of sales target—The allocation of sales among countries and the level of activity in each, particularlyRead MorePersonal Statement : Marketing Plan1523 Words   |  7 Pagespresence and reach my target market. The use of discussion boards will be vital for achieving my goals, along with social publishing in the form of articles, videos, blogs, and more. Situation Analysis Company Description My love for both creativity and organized planning is what initially sparked my interest in marketing. Currently a fourth year Marketing major at Eastern Illinois University with a minor in Entrepreneurship, I m seeking a job or internship to apply my experience upon graduation. ThroughoutRead MorePersonal Statement : Griffin Communications Group1655 Words   |  7 Pagesexperienced great things together and they have given me immense knowledge that will serve as a great platform to further my professional career. At last I would like to thank Kenneth Mays, account executive and internship supervisor for giving me the opportunity to be part of this interesting internship and work alongside him in various projects. I will forever be grateful to have him as mentor and friend. Overview of Griffin Communications Group Our primary objective is to exceed client expectations inRead MoreInventory Management - Internship Report2646 Words   |  11 Pages[ INTERNSHIP REPORT] | This report serves as the summary for my internship experience at Lam Viet embroidery thread division. Enclosed in this report is the brief introduction of the firm, the description of my duties and responsibilities as well as the analysis of the organization. Sample of my major assignment could be found in the appendix at the end of the report. | Table of Contents Acknowledgement 3 INTRODUCTION: 4 RESPONSIBILITIES: 5 1. General description 5 2. Major responsibilities:Read MoreMy Experience At Pleasant Valley High School900 Words   |  4 Pageshear the word professionalism, I automatically think of tattoos, social media, and appropriate language/attire. After some in-depth discussion with my classmates and teachers, I have come to realize that professionalism encompasses so much more. Professional development, also referred to as lifelong learning, is a major component of professionalism as well. In my internship experience at Pleasant Valley High School, I believe that I have displayed many aspects of professionalism, which is a major componentRead MoreCase Study : Blue Cross Blue Shield Of Nebraska ( Bcbsne )1494 Words   |  6 PagesBrief description of your activities This week I began my 6-week internship at Blue Cross Blue Shield of Nebraska (BCBSNE). The first day was a common orientation for all new employees, internally denoted to as the â€Å"onboarding process† where all employees are told they matter. This full-day session communicates the core mission, vision and goals of BCBSNE, organizational structure, operating objectives, and workplace culture. BCBSNE is a not-for-profit health insurance company that is focusedRead MorePersonal And Career Development Program1144 Words   |  5 PagesOver the past 24 weeks, the Personal and Career Development program and the internship helped me learn a lot about myself. The professional path helps me gained more confidence and experience and has given me a substantial opportunity to discover my practical and management skills. As a result, I learned about my thinking approach, decision-making ability, capacity, and time management skills. I become more confident in communicating with others, how to discuss and make effective decisions while

Leonardo di ser Piero da Vinci Essay - 1146 Words

Mona Lisa, The Last Supper, The Vitruvian Man (Reti 146). Who was the man behind all of these famous artworks? It was I, Leonardo di ser Piero da Vinci, a polymath: sculptor, painter, engineer, mathematician, inventor, botanist, architect, anatomist, geologist, writer, and cartographer. I wanted to know everything; the noblest pleasure is the joy of understanding (Riter). Whenever people saw me, they visualized wealth and happiness, but what they overlooked was the factor that molded me into who I am right now. My early life was filled with hardships, sorrow, and intricate obstacles. April 15, 1452 was the day this talented man was born, but it was also the beginning of my challenging life. I was born in the town of Vinci which was†¦show more content†¦I started to sketch landscapes; this was when I discovered my artistic talent (SparkNotes Editors). Since many career paths were closed to a illegitimate child, art was an obvious choice for me. At the age of 15, my father no ticed the artistic talent in me and apprenticed me to the noted sculptor and painter Andrea de Verrocchio of Florence. (SparkNotes Editors). Life as an apprentice was pretty boring in the beginning, performing simple chores, almost as a servant would. Later, I learned to prepare pigments and canvases; then I started to study my masters’ works and models. My first well known contribution was in my master’s Baptism of Christ (Reti 98). I painted the leftmost angel with such graceful quality unlike any figure in the painting. According to my first biographer, â€Å"Everyone acknowledged that this was true of Leonardo da Vinci, an artist of outstanding physical beauty who displayed infinite grace in everything he did and who cultivated his genius so brilliantly that all problems he studied were solved with ease. He possessed great strength and dexterity; he was a man of regal spirit and tremendous breadth of mind...(Vasari). Unfortunately, my master grew ashamed of his ow n paintings because of how other people complimented on my painting skills. He eventually abandoned painting. Although he abandoned painting, I still wanted to stay in the workshop to work under him. I rejected the painters’ guild of Florence when they offeredShow MoreRelatedThe Arts Of Leonardo Di Ser Piero Da Vinci2018 Words   |  9 PagesThe Arts of Leonardo Di Ser Piero Da Vinci One of the most well-known artists worldwide is Leonardo di ser Piero da Vinci (April 15, 1452 – May 2, 1519). He was an Italian Renaissance polymath whose areas of interest included invention, painting, sculpting, architecture, science, music, mathematics, engineering geology, writing, and cartography. He is considered to be not only one of the greatest painters ever but also the most diversely talented person ever. Leonardo has been known as the archetypeRead MoreItalian Figures Of The Renaissance964 Words   |  4 PagesLeonardo Da Vinci, also known by his unnecessarily long Italian name, Leonardo di ser Piero da Vinci, was probably one of the most well-known Italian figures of the Renaissance. Aside from his many other skilled areas, including but not limited to, a mathematician, engineer, inventor, geologist, writer, anatomist†¦he was considered to be one of the best painters of his time. Of course like most painters, he had to scale the ladder of success, pun int ended, which is where the story will begin. LeonardoRead MoreStanding On The Shoulders Of Giants999 Words   |  4 Pagesproven to be wrong, they still laid the foundation for future scientists to revise their information and improve upon it. One of the most famous and well-known scientists of the times was Leonardo Da Vinci. Da Vinci was born April 15th, 1452 in Italy, by the full name of Leonardo di Ser Piero Da Vinci. Da Vinci was a jack-of-all-trades; he was a painter, sculptor, architect, inventor, geologist, botanist, and writer. Some consider him one of the best artists and scientists of all time. Some of hisRead MoreLeonardo Da Vinci, Painting And Modeling1407 Words   |  6 PagesLeonardo da Vinci was born on April 15, 1452 in the town of Vinci, Italy. He was the son of Messer Piero Fruosino di Antonio da Vinci, a Florentine notary, and Caterina da Vinci. His full name, Leonardo di ser Piero da Vinci, means Leonardo son of Messer Piero of Vinci. Leonardo’s youth did not get documented until 1466, when he was 14 years old. He became the apprentice to one of the most successful artist of his day, Andrea di Crone, who is also known as Verrocchio. He learn many skills from thisRead MoreArt Case Study1192 Words   |  5 Pagespainting of Juan Luna. Leonardo da Vinci Birthname Leonardo di ser Piero da Vinci Born April 15, 1452 Vinci, Republic of Florence, in the present day Province of Florence, Italy Died May 2, 1519 (aged 67) Amboise, Touraine (in present-day Indre-et-Loire, France) Nationality Italian Field painter, sculptor, architect, musician, scientist, mathematician, engineer, inventor, anatomist, geologist, cartographer, botanist and writer Style of painting Leonardo da Vinci avoided the palette andRead MoreLeonardo Da Vinci Research Paper1632 Words   |  7 PagesLeonardo di ser Piero da Vinci, also shorten to Leonardo da Vinci, is a very famous and respected artist. He is known as the Renaissance man. Born on April 15, 1452, his parents were not married, but he was accepted by both of his parents families. Leonardos father, a notary, named Piero da Vinci, refused to marry his mother because she couldnt couldnt contribute to his job. Instead, he married a wealthy lady named Albiera di Giovanni. Leonardo lived with his stepmother for the first five yearsRead MoreThe Great Artists Of The Renaissance Period911 Words   |  4 PagesRenaissance Period Michelangelo Buonarotti and Leonardo da Vinci, are considered the greatest and most influential artists of the High Renaissance. Both of them are widely known for their astonishing paintings and sculptures. Most of their famous works abound in religious characters or events, and anatomy influenced their works enormously. Both artists share various similarities and talent but had different beliefs. Michelangelo and Leonardo da Vinci were amazing artists ahead of their time that inspiredRead MoreLeonardo Da Vinci vs. Michelangelo Buonarroti Essay873 Words   |  4 PagesLeonardo da Vinci vs. Michelangelo Buonarroti Linda Williams Art 101 Instructor: Anne Olden April 9th, 2012 1. Thesis statement a. Michelangelo’s sculpting of David, the Pieta, as well as his painting of the Creation of Adam on the ceiling of the Sistine chapel was some of his great works that influenced the art of the 16th century; Leonardo da Vince also contributed great works such as; the Last Supper, the Mona Lisa, and the Modonna of the Rocks. 2. David a. Michelangelo wasRead MoreLeonardo Da Vinci : The Leading Renascence Man Essay1728 Words   |  7 PagesTimothy Long Professor Sharoff Western Civilization 12/14/15 Leonardo Da Vinci: The leading Renascence Man Known as one of the smartest men of his time and one of the most well-known human beings in history having excelled in all fields in human talents as he was very multi-talented which is correct as he was one of the most talented people ever to live and was even called the universal genius. His talents and curiosity included engineering, anatomy, literature, geology, mathematics, paintingRead MoreHumanism : Leonardo Da Vinci And The Renaissance1459 Words   |  6 Pagesarts, science, and architecture. Leonardo di ser Piero da Vinci or more commonly known as Leonardo da Vinci was the embodiment of the term â€Å"Renaissance Man† because he studied various disciplines. Leonardo Da Vinci’s ideas and bodies of work have influenced countless artists, scientist, and others and made Da Vinci a leading light of the Renaissance. As the illegitimate son of Piero da Vinci, a successful notary, and Caterina, a peasant girl, Leonardo Da Vinci was raised by his father and several

Effective Planning Strategic Management

Question: Discuss about the Effective Planning for Strategic Management. Answer: Introduction Strategic management includes an effective planning, the execution of it and the ultimate process of monitoring the constant improvements and progress of a particular organisation. Volkswagen, a renowned company of automobile manufacturing industry has made it positive step in Malaysia in last decade. The management of Volkswagen encountered serious challenges from its competitor companies like Honda, Audi and Toyota at initial stage. However, the expert engaged in this company help to combat certain issues with effective strategy and Volkswagen enjoys minimum 64% market share in the automobile industry of Malaysia (Volkswagen.com.my 2016). Although Volkswagen is German company, however, the management has decided to open factories in Malaysia and other region of South-east Asia only because of business expansion. Mission, vision and objective statements The fundamental mission Volkswagen is to offer safe, eco-friendly and attractive vehicles that can compete with other existing companies in the automobile industry of Malaysia. The vision of Volkswagen is to hold the position of innovative automobile manufacturer, which is capable enough to offer best quality. Another important vision of this company is to power the regenerative electricity for the electric motors that are used by existing vehicles (Kumaraswamy et al. 2012). The objective statement of Volkswagen is to ensure the constant profitable growth and to expand the product and brand portfolio for future success of the company. The mission, vision and objective statements help Volkswagen to decide the future strategies. Environmental analysis PESTEL analysis is appropriate to understand the environment and the major drivers of changing the environment of automobile industry in Malaysia. Political New regulations of Malaysian government have direct impact on the business process of Volkswagen. Instability of the Malaysian government also influences the company. Economical The predictions of GDP forecast suggest 17% rapid growth in this continuing year (Pauwels et al. 2012). The unemployment rate of Malaysia affects the business of Volkswagen. Interest rates for importing cars are increasing day by day and it influences the strategy of Volkswagen. Inflation rate has grown from 12% to 14.7% since few months. The sudden increment of fuel price also affects the business of Volkswagen. Social The purchasing capacity of the inhabitants of Malaysia has been enhanced. Customer loyalty towards the innovative product of Volkswagen helps to develop the strategy for capturing better position in the automobile industry of Malaysia (Lasserre 2012). The constant growing population of Malaysia also has a huge impact on the business of Volkswagen. Technological Although the management of Volkswagen has incorporated effective technologies in the manufactured vehicles, still this particular company lacks behind from the other competitor companies. Environmental Volkswagen has revealed a serious level of concern for the various environmental issues that are rapidly growing in Malaysia. The higher officials of Volkswagen are committed to manufacture environment friendly and safe vehicles for the customers (Wieland and Marcus Wallenburg 2012). Legal Government protection helps Volkswagen to continue its business in Malaysia in effective and adequate manner. The revised new tariffs can influence the manufactured products of Volkswagen. Table 1: PESTEL analysis (Source: Ritala 2012) PESTEL analysis is an effective and useful business tool to understand in critical manner the basic potentiality of specific business. The results of PESTEL analysis can help the management of Volkswagen to collect benefits and make strategies accordingly. The concerned expert of Volkswagen can monitor, evaluate and assess each factor, which is very much significant for curving out success in future for this particular company. Capability analysis According to Ferrell and Hartline (2012) capability analysis in the context of the value chain includes the way of prosper and survival in a particular industry. Value chain analysis of Volkswagen suggests that this company is potential enough to meet the two key criteria of any organisation, such as to satisfy the customers and survive the competition. In Malaysian automobile manufacturing industry is very much competitive for Volkswagen because of the presence of Honda, Audi and Toyota. The value chain analysis involves the entire competitive advantages, which are derived from the basic differences in between the cost to make customer value and the core value it offers to the customers. In order to detect every assigned activity in a proper systematic manner, value chain analysis will be apt for generating the ultimate advantages in differentiation and costs. Lee (2013) has mentioned that these aspects play an important role in todays competitive business world. Therefore, the value chain analysis will not only concentrate on low costs, however, tries to provide developed vehicles in terms of design, quality, technology and innovation. The manufactured vehicles of Volkswagen have great attributes, which can perform as unique value to the customers in order to appreciate the willingness of payment with premium price. Value chain is appropriate capability analysis as it provides an established set of calculation to evaluate and assess the effectiveness of an organisation, which is capable enough to satisfy various requirements. The controlled chart of Volkswagen has reflected the fact that this company holds at least 39% market share in the automobile manufacturing in dustry of Malaysia (refer to Appendix 1). The vehicles of Volkswagen are essential rather than some effective steps within the value chain process. The value chain analysis of Volkswagen includes the internal cost analysis, internal differentiation evaluation and the monitoring procedures of vehicle linkage. This kind of analysis is not so much exclusive in collaborative manner (Kapferer 2012). However, it clearly determines the area of concentration in internal operations level in order to consider the competitive situation in the concerned industry. For identifying the value-creating way, Volkswagen de-emphasizes the core functional structure. Proposed strategy Strengths Weaknesses The major strength of Volkswagen is its global presence. Volkswagen enjoys a string and matured brand portfolio. Volkswagen has a strong existence in Malaysia. The ultimate performance of this company is gradually increasing (Ramamurti 2012). The primary weakness of Volkswagen is its not manufacturing passenger vehicles. The manufactured vehicles of Volkswagen are not environment friendly. Opportunities Threats The great opportunity of Volkswagen is its positive attitude towards manufacturing green vehicles in order to save the environment of Malaysia from pollution. The basic growth by acquisition is another potential opportunities of Volkswagen. Completely new standards of emission are an effective threat of Volkswagen in the automobile manufacturing industry of Malaysia. The constant increments in the prices of raw materials are significant threat for Volkswagen. The competitor companies manufacture more technologically advanced cars than Volkswagen. Table 2: SWOT analysis (Source: Loureiro et al. 2012) From the abovementioned SWOT analysis, the management of Volkswagens is able to understand the existing strengths and weaknesses of the company that can be improved. However, from the detected possible threats and opportunities, Volkswagen should incorporate new strategies to combat with these issues. Volkswagen has adopted effective strategies, such as battery technology strategy for promoting the autonomous and digitisation driving process (Volkswagen.com.my 2016). In order to combine the strengths and weaknesses (SW), opportunities and threats (OT) of Volkswagen, TOWS matrix would be perfect. Opportunities Threats The changing preferences of customers are the great opportunity for Volkswagen. Malaysian government support this company. The market of automobile industry is rapidly growing in Malaysia. Constant increment of costs and maintenance of manufactured products. New laws regarding labour are potential threat for Volkswagen. The automobile manufacturing market in Malaysia is unknown for Volkswagen (David and David 2016). Strengths Weaknesses The durability, reliability and the quality of the cars of Volkswagen is major strength. The management philosophy is very much strong. Worker productivity is increasing is gradual manner. Volkswagen lacks the capital for business expansion. Volkswagen fails to retain its specialised workers in the competitive automobile market in Malaysia. Table 3: TOWS matrix (Source: Chesbrough et al. 2014) After analysing and evaluating the strength, weakness, opportunities and threats, the management of Volkswagen has adopted few effective strategies such as Together- strategy 2025. This particular strategy focuses on changing the basic business after tapping effective new revenue streams. As opined by Hill et al. (2014) the adopted strategies are taken with proper following of Porters generic strategies, which clearly suggests the competition level of business in a particular market. Porters generic strategies involve the significant sources of competitive advantage, which involves cost leadership, focus, differentiation leadership and focus. Volkswagen even develops the strategies to make positive decision power as shareholders. These proposed strategies should counterbalance the core flaws in between the reduction cost and flexibility. Strategy evaluation In order to evaluate the adopted strategies of Volkswagen SAF evaluation would be perfect for proposed strategies. Suitability Both the proposed strategies are potential enough to address the major opportunities and threats encountered by Volkswagen. Acceptability The proposed strategies fail to meet the expectation of stakeholders. However, the level of risks after incorporating these strategies is high within the organisation. There is a very low possibility of acceptance of stakeholders of these strategies. After adopting the proposed strategies, Volkswagen can expect its adequate sales revenue from the automobile industry of Malaysia. Feasibility The proposed strategy is very much applicable to make it in practice. The proposed strategies require more than finance budget than the discussion in general meeting of Volkswagen. The expert professionals are needed in order to incorporate the above-mentioned strategies. Table 4: SAF evaluation (Source: Chesbrough et al. 2014) Conclusion Volkswagen is famous automobile manufacturing company in Malaysia. However, in present times, this company faces serious level of competition from its competitor companies like Audi, Honda and Toyota. Therefore, the higher management of Volkswagen has decided to make some effective strategies in order to solve the issues regarding the competitiveness of automobile industry. Although the expert professionals of Volkswagen have proposed adequate strategies in order to capture at least 67% automobile market by the end of this present year, still there are some recommendations that can help Volkswagen to develop its current position and enjoy the highest position in the automobile manufacturing industry of Malaysia. Recommendations: 1. Volkswagen should incorporate completely new innovative equipments for the manufactured vehicles. 2. Volkswagen should share modules in between segments and VW brands. 3. This company should offer new range of vehicles in Malaysian market. 4. Volkswagen should focus on manufacturing more technologically advanced vehicles rather than its competitor companies like Toyota, Honda and Audi. 5. Volkswagen should create new way of more earning of sales revenue after the end of the annual year. References Chesbrough, H., Vanhaverbeke, W. and West, J. eds., 2014.New frontiers in open innovation. OUP Oxford. David, F. and David, F.R., 2016. Strategic Management: A Competitive Advantage Approach, Concepts and Cases. Ferrell, O.C. and Hartline, M., 2012.Marketing strategy, text and cases. Nelson Education. Hill, C.W., Jones, G.R. and Schilling, M.A., 2014.Strategic management: theory: an integrated approach. Cengage Learning. Kapferer, J.N., 2012.The new strategic brand management: Advanced insights and strategic thinking. Kogan page publishers. Kumaraswamy, A., Mudambi, R., Saranga, H. and Tripathy, A., 2012. Catch-up strategies in the Indian auto components industry: Domestic firms responses to market liberalization.Journal of International Business Studies,43(4), pp.368-395. Lasserre, P., 2012.Global strategic management. Palgrave Macmillan. Lee, K.H., 2013. Integrating carbon footprint into supply chain management: the case of Hyundai Motor Company (HMC) in the automobile industry.Journal of Cleaner Production,19(11), pp.1216-1223. Loureiro, S.M., Sardinha, I.M.D. and Reijnders, L., 2012. The effect of corporate social responsibility on consumer satisfaction and perceived value: the case of the automobile industry sector in Portugal.Journal of cleaner production,37, pp.172-178. Pauwels, K., Silva-Risso, J., Srinivasan, S. and Hanssens, D.M., 2014. New products, sales promotions, and firm value: The case of the automobile industry.Journal of marketing,68(4), pp.142-156. Ramamurti, R., 2012. What is really different about emerging market multinationals?.Global Strategy Journal,2(1), pp.41-47. Ritala, P., 2012. Coopetition strategywhen is it successful? Empirical evidence on innovation and market performance.British Journal of Management,23(3), pp.307-324. Volkswagen.com.my (2016) News Available at https://www.volkswagen.com.my/en/tools/navigation/meta/news.html [Accessed on Aug 10, 2016] Wieland, A. and Marcus Wallenburg, C., 2012. Dealing with supply chain risks: Linking risk management practices and strategies to performance.International Journal of Physical Distribution Logistics Management,42(10), pp.887-905.

Tuesday, May 5, 2020

Construction Contracts in Context-Free-Samples-Myassignmenthelp.com

Question: Read this legal briefing paper (by Fenwick Elliott) relating to relatively recent case law on contractual liquidated damages, and penalty. Write an internal company memo explaining the key legal and practical implications for construction contracts of these developments in the case law. Answer: Internal memo To, Contract team/ project control office From, Contracts Manager Subject: primary legal and practical implication of liquidated damage in construction It is a common fact that the contractor of a commercial contract will suffer irreparable loss if the project delays and the profit margin will also be affected by that. In every contractual agreement, there are certain provisions on the liquidated damage to protect the employer or the contractors to sustain loss from the project. However, it has been advised that the provision of liquidated damage has been widening by the Supreme Court and it is therefore, required to be applied after proper evaluation. While considering the scope and impact of the liquidated damage in commercial contracts or construction, the Court has made a distinction in between the liquidated damage provision and law of penalties in the light of two historical cases of Cavendish Square Holdings v MakdessiandParking Eye Limited v Beavis. It has been observed by the court that the employers are not mandatorily required to prove the actual estimated loss under the liquidated damage provision and options are still open for them to make claim for liquidated damage. However, if the liquidated damage is unable to characterize the pre-estimated loss of the employer, the contractor can challenge the provision on the basis of penalty clause[1]. The difference between the liquidated damage and penalties has been established for the first time in the case of Dunlop v Matthew Tyre Co Limited v New Garage Motor Co Limited[2]. It had been observed by the court that penalty will be imposed on the parties if any breach has been made against any contractual terms and the breach must be extravagant and unconscionable. In the case of Cavendish Square Holdings v Makdessi[3], it has been observed by the court that where the level of liquidated damage does not represent the pre-estimate loss of the employer and failed to justify the commercial credibility, it will be excluded from the provision of penalty clauses. It has further been observed by the court that in case of penalty, the nature of liquidated damage clause should be penal and unconscionable and where the clauses are primary; the breaching parties are required to pay the liquidated damage only for delay in the work. The court was of the view that liquidated damage is differen t from penalty as it is extended beyond the recovery of financial loss and the same principle has been established in Parking Eye Limited v Beavis appeal[4]. Therefore, it can be concluded that the provision of the liquidated damage should be reviewed for evaluating the claim made by the employer for the purpose to determine whether the application for claim can be challenged or not and it has a primary legal obligation. Kind Regards Dated: Signed Contracts Manager References: Cavendish Square Holdings v Makdessi [2013] EWCA Civ 1539 Dunlop v Matthew Tyre Co Limited v New Garage Motor Co Limited (1915) AC 79. Nicholson, Alex. "Too entrenched to be challenged? A commentary on the rule against contractual penalties post Cavendish v Makdessi and ParkingEye v Beavis."European Journal of Current Legal Issues22.3 (2016). Parking Eye Limited v Beavis appeal [2015] UKSC 67 Nicholson, Alex. "Too entrenched to be challenged? A commentary on the rule against contractual penalties post Cavendish v Makdessi and ParkingEye v Beavis."European Journal of Current Legal Issues22.3 (2016). (1915) AC 79. [2013] EWCA Civ 1539 [2015] UKSC 67