Reaction Paper in Top Secret Essay

At the age of 16, what are you doing at this age? Ordinary teenagers at this age used to go to school particularly high school, and enjoy their teenage years. Aside from this routine, teenagers may earn money by different stuffs around them. Most of the teenagers enjoy playing online computer games as for now. And who knows you can use this stuff to earn money and lead your first step to become a successful entrepreneur or I should say technopreneur. Like Ittipat who is now a successful businessman. I just can’t imagine how these young people became successful in their life in a simple way like using technology. Ittipat made his first step when someone offer the money to buy the equipment of the online game he was addicted. Of course that way is illegal but he does not think the risk about that. Maybe this is the starter for Top to think about the business. But likes the other gamer addictive he forget his duty as a student, always playing game every day. Because of that he always get low score in his school and he didnt make up to enter state university of Thailand. Until his account became unable to use because of the transaction that he did in the game. And one day when he bought some DVD units but he was cheated by the seller of the DVD. But he didn’t give up. He try other business and like the other successful businessman, he went through many struggles in life like his family go to Shanghai because of the debt in bank, broke up with her girlfriend and many more. But he keeps trying to reach success. And when he start his own business on fried chestnuts and he is earning the management prohibited him because of the smoke that is from his roasting machine. So the sales were dropped. His life is so hard in the early age, where he should enjoy his youth that the time. And when he turns 19 he created new product which are dried food and seaweed snacks called â€Å"Tae kae Noi† and that product brought him to the top! I think he got that idea when he ate dried seaweed from his girlfriend. His product became the best selling product and took over Chestnuts sales. And it grows faster when he entered it in 7-eleven. His business grows fast and he paid all the debt of his father and now the owner of a company. From an online gamer addict to a successful businessman and a billionaire and that is Ittipa! I am very amazed to this story of Ittipat. This will be a great inspiration to all new entrepreneurs around the world. He also proves the saying try and try until you find success. Before, he was  underestimated by his teachers and I’m sure that these people were very proud of him especially his parents that never thought of the thing that their son although is not committed to studies became a successful businessman. And lifted them up from their old life. Ittipa showed his industry and his great mind in reaching for his success with the help of the people around them especially God. Victory in life is sweeter because you worked hard of it But I think to my fellow teenagers like me, I advice to don’t forget studies for the simple enjoyment form playing computer games. We can be all like Ittipa, and we can find our own success in our own way. We know that if we do something to reach the dream, we just can’t give up that easily to reach that. If there’s a will there’s a way.

Hy Dairies, Inc. Essay

Analysis Rochelle Beauport an assistant brand manager for HY Dairies and is one of the few women of color in brand marketing management. She played a prominent role in increasing the organization’s sales volume, and market share by improving sagging sales of their popular gourmet ice cream. This achievement did not go by un-noticed; Rochelle’s boss, Syd Gilman the vice president of marketing promptly offered Rochelle a promotion to a lateral position of market research coordinator. Syd justified assigning the role of market research coordinator to Rochelle because it gives her broader experience, and access to high profile work, which would enhance her career. Syd took the same path to the office of vice president of marketing; Rochelle thought this promotion was a demotion in â€Å"job status† and not a route to top management, and an implied assumption of racial inequality. Syd obviously overestimated Rochelle’s belief of moving to market research coordinator wou ld be the same as his, and now Syd’s false â€Å"consensus effect† has threatened Rochelle’s values and dedication to HY Dairies. Concept Complexity Complexity is the distinct role or identity that people perceive about themselves; to this point Syd did not see himself as stereotyping Rochelle because he did not view the promotion as a negative but rather a preparation for her future with the company. The lack of communication in this case study shows everyone has their perception of things and if you do not open the lines to effective communication you can cause issues within the organization. Self Concept Self-concept has a more varied effect on behavior and performance; Rochelle  defined herself as a person who overcomes challenges, specifically her role controlling a product that directly affected HY Dairies’ profitability. This â€Å"opportunity† resonated as a restriction in career growth and not an advance in her career in brand management. Ms. Beauport views this new job that could hurt her career. Without clarity on the position from Syd, Rochelle now examines her self-concept and defines herself as a â€Å"black woman with no future in brand management.† Recommendations Syd and HY Dairies must be aware of perceptual biases, and to do that, HY Dairies must know that it exists. In Syd’s and Rochelle’s situation, it is obvious that diversity awareness a necessary requirement. This process if implemented, attempts to minimize discrimination, this makes employees aware of systemic discrimination. Awareness of perceptual biases reduces biases by making employees more mindful of their thoughts and actions. HY Dairies should also minimize perceptual biases by increasing self-awareness; from this insight, employers have an enhanced understanding of biases in their decisions and behavior. If Syd used self-awareness when considering offering the promotion to Rochelle, he would have displayed authentic leadership and able to explain to Rochelle his vision of her in the role of market research coordinator. Discussion Questions Apply your knowledge of stereotyping and social identity:  Within this case study both stereotyping and social identity came into play. The employee identified herself as a minority, feeling as if the job offer was a negative due to her skin color and gender. The employee further felt she was being stereotyped for being a woman due to the lack of communication from the vice president. If the vice president took the time to explain the reasons for the new job offer and where he saw his employee’s future, it could have eliminated the feelings his employee felt. What other perceptual errors are apparent in this case study: Perceptual errors that are apparent in this case study is the employee felt she was being discriminated against due to an experience at her previous employer. She made the assumption that the job offer was a negative when in fact it was a positive. Another perceptual error was the vice president felt he communicated the promotion  well to the employee, when in fact he was very vague in the job offer. He could have explained the reasons behind the promotion, further explaining his previous position and his future goals for her within the organization. What can organizations do to minimize misperception in these types of situations: In order to minimize misperception in stereotyping situations an organization must implement effective communication throughout the organization. Implementing programs such as diversity training for all employees, with additional training for supervisors to learn ways to maintain fair employment practices where employees feel comfortable. It is important that all employees are held accountable and if anyone, regardless of position, violates a policy that there are consequences to ensure employees have faith in the organization and its leadership.

Intermediate Management Accounting past paper Essay

Intermediate Management Accounting past paper - Essay Example Nevertheless, the target profit margin is seen to rise substantially from a low of -0.004% in year one to 10.25% in year three. (b) Issues facing firms like KZ in making decisions on the costs to cut in order to meet the specified target income level. Costs relevance: It could be difficult for firms like KZ to associate all the costs involved to products. This makes the firm continue incurring costs that do not directly involve production hence eating on the margins. Cost classification: The firm has not classified its costs appropriately. For instance, marketing costs are classified as fixed costs and such costs are required to be consistent with sales made in a given year. In this regard, during year 2 and year 3, KZ sales were the same despite difference in marketing campaign undertaken. The marketing campaign should therefore be consistent with the amounts allocated in a given year. ... 27,000,000 Years Cash inflows in ?’000’ Discounting rates 17% N.P.V Year 0 (27,000) 1 (27,000) Year 1 1,454 0.855 1,243 Year 2 4,009 0.731 2,931 Year 3 3,904 0.624 2,436 Year 4 3,799 0.534 2,029 Total (18,361) Recoveries at the end of year 4: Technology estimated re-sale value – ? 8,000,000 Reimbursement by customers - ? 2,000,000 Total – ? 10,000,000 Net present value of recoveries = 10,000,000 x 0.534 = ? 5,340,000 Total Net Present Value (N.P.V) in ? ‘000’ = (18,361) +5,340 = (13,021) (b) Comment: Investment in the product should not be undertaken since it has a negative NPV. The net present value does not represent a proper assessment of the value of the new product since the objective of calculating NPV is to establish whether the project is viable. Question 11 Roles and limitation of transfer pricing in managing divisional firms Roles Transfer pricing refers to the price at which services or goods are transferred between different units of the same organization. However, the degree in which transfer pricing contributes to firms profitability or covers costs is a matter of policy. The main role of transfer pricing includes optimization of group’s profitability by supporting goal congruence, motivate divisional managers of both buying and selling divisions to engage in business with one another, facilitate realistic performance appraisal of different divisions, preservation of autonomy of divisional managers and also plays a significant role in facilitating decision making. Transfer pricing leads to operation of different division whose profits are assessed separately. The management of a division becomes simpler and coordination of sales, production and pricing decisions are also eased. The principal types of transfer pricing includes: Cost-based

International Affairs Essay Example | Topics and Well Written Essays - 500 words

International Affairs - Essay Example She graduated from Concordia College in Moorhead, Minn., with degrees in mass communication and French and with dreams of being an international correspondent. She said that her goal as Miss North Dakota was to encourage people to appreciate cultural differences. When she received her Miss North Dakota title, Ms Saberi said that her aim was to encourage other people to appreciate cultural differences - an ambition that eventually led her into a career in journalism. TEHRAN, Iran (AP) -- Iran convicted an American journalist of spying for the United States and sentenced her to eight years in prison, her lawyer said Saturday, complicating the Obama administrations efforts to break a 30-year-old diplomatic deadlock with Tehran. The White House said President Barack Obama was "deeply disappointed" by the conviction, while the journalists father told a radio station his daughter was tricked into making incriminating statements by officials who told her they would free her if she did. Roxana Saberi, a 31-year-old dual American-Iranian citizen, was arrested in late January and initially accused of working without press credentials. But earlier this month, an Iranian judge leveled a far more serious allegation, charging her with spying for the United States. The Fargo, North Dakota native had been living in Iran for six years and had worked as a freelance reporter for several news organizations including National Public Radio and the British Broadcasting Corp. The journalists Iranian-born father, Reza Saberi, told NPR that his daughter was convicted Wednesday, two days after she appeared before an Iranian court in an unusually swift one-day closed-door trial. The court waited until Saturday to announce its decision to the lawyers, he said. Saberis father is in Iran but was not allowed into the courtroom to see his daughter, who he described as "quite depressed." He said she denied the incriminating

Why We Cant Wait Essay Example | Topics and Well Written Essays - 750 words

Why We Cant Wait - Essay Example People of color especially African Americans were seen as people who belonged to the lower or second class in society. As a result, African Americans were not allowed to access certain areas, and were not admitted to same schools as whites. It is clear that Martin Luther stated that African Americans could no longer wait for the followings things; ii. Lack of trust in government and politicians especially after the perceived failures of President Kennedy in that during his reign, Kennedy failed to establish a stance housing desegregation policy and did not address the issue of African American voting rights in states such as Virginia and Texas. It is vivid from the article that the media in American helped to propagate racial sentiments against black people. For instance, the media propagated racial segregation in their articles where they referred to black people as darkies, coons, and niggers. Their messages in the articles spread anti-black information and stereotypes. In schools, white children saw black children as inferior and worthless. All social institutions such as schools and churches reinforced oppression of the people of color particularly African Americans (Luther 56). Many things happening in the American society prompted Luther to write the book. For instance, King argues that the white race mistreated black people. He documents the following practices and norms to depict how pervasive and inclusive racial segregation was entrenched in society. Violence was used to place African Americans at the bottom of the racial hierarchy. For instance, the Jim Crow used war on drug to discriminate black people whereby, police applied excess force to arrest black men on conception that they were drug dealers. This reveals how the criminal justice system in America was racist in trying to connect the dots between earlier forms of social and current system of mass incarceration (Luther 61). There was rebirth of the

Knowledge Management in Accenture 1992 - January 2001 Essay

Knowledge Management in Accenture 1992 - January 2001 - Essay Example In the case of Accenture, the various issues related to the daily organizational activity have to be analyzed in order to identify the facts that have caused delays to the firm’s development in the long term. For this reason, the identification of the firm’s key managerial practices is necessary in order to understand the structure and the ethics of the firm’s administration and design the appropriate plans for the development of organizational performance. In order to identify the problems related with a firm’s performance within the international market, it is necessary primarily to describe the organizational environment referring to the key achievements of the firm both in its market and internationally. Accenture is a leading firm in the management consultancy and IT sector with approximately 75,000 employees worldwide. In August 2001 the firm ‘entered’ the New York Stock Exchange. The firm’s knowledge management (KM) department has just a few top executives and follows its own strategic plans. The structure of the operational activities has been proved quite important for the development of the firm up to now. Through the years, the firm’s structure has been reviewed and updated in order to meet the requirements of the market and the demands of customers around the world. For the future, it is necessary the Accenture will review its organizational practices and proceed to any requested change in o rder to meet the challenges set by its competitors within the international market. The current paper focuses on the strategic performance of Accenture (or ACN as it is known within the New York Stock Exchange) from 1992 up to 2001. The firm’s organizational structure for the above period will be examined and analyzed; appropriate recommendations will be then suggested trying to present a framework that could lead to the improvement of the firm’s performance for the above mentioned period.  Ã‚  

Contract Law on Offer and Acceptance Case Study

Contract Law on Offer and Acceptance - Case Study Example Hence Brenda succeeds on the both the counts against Andrew. Tuesday Morning: Brenda replied by e mail that the price of 50 was a mistake instead of 500 and offered to Andrew the car at a discounted price of 450.and kept the offer open till 12.00 p.m on Friday. and Andrew replied that he would consider the new offer though expressing annoyance at Brenda's mistake. Brenda had corrected the price on the website before receipt of Andrew's offer. An offer is made when one person signifies to another his willingness to do or not to do a certain act with an intention that it shall be binding on the offeror if accepted by the person to whom the offer is made. The latter is called 'offeree"1 The offeror's signifiying act called expression of willingness may be by means of a letter, newspaper, websites, e mail and also by conduct by which an offeror may be genuinely offering or just displaying an act what is known as 'invitation to treat" As such goods advertised are only 'invitation to treat'. 2 They are of unilateral nature i.e. open to the whole world to accept such as offer for rewards etc. 3 In Partridge v Crittenden [1968], appellant Patridge had been convicted for sale of banned variety of bird punishable under Protection of Birds Act 1954 by inserting a classified advertisement in a journal without mentioning the words "offer for sale" In the appeal it was held to be an invitation to treat and not an offer for sale and co nviction was set aside. On the other hand in the case of Carlill v Carbolic Smoke Ball Co [1893], an exception was made because the offeror meant business by depositing a certain sum of money as a reward for any one contracting influenza inspite of using medicine. So they could not escape liability stating their offer was an invitation to treat. Question arises website advertisements are offers or invitations to treat, relevant the instant case of Andrew v Brenda. .An offer is a set of conditions contemplating acceptance and capable of being accepted. "Thus in Thomson v James (1855) 18 D 1, Lord President MacNeill said, 'an offer is nothing until it is communicated' (at p.10). This is because an offer is not capable of acceptance until it has been communicated to the offeree" 4 "It is important to be able to differentiate between these invitations to treat and true offers, as acceptance of an offer creates a concluded contract whereas 'acceptance' of an invitation to treat is merely an offer. To assist in the identification of such invitations the law has developed presumptions as