Thursday, October 31, 2019
Death of a salesman- willy recalls his sons teenage years as fruitfull Essay
Death of a salesman- willy recalls his sons teenage years as fruitfull and charming. what evindence canwe find to show that the - Essay Example The form of illusion highlighted here may be termed as self-deception. Though Willy himself was never a big success and even at the age of sixty he had to borrow money from Charley to pay his bills, he is inquisitive and critical of his son Biff. Willy was critical of the fact that Biff has not yet ââ¬Å"found himselfâ⬠which was a disgrace. He seems to be oblivious to the fact that even he was not half as successful as Biff at that age. When Linda tells him not to be too critical of Biff since he admires him, Willy tells her, ââ¬Å"I simply asked him if he was making any money. Is that a criticism?" (Miller 7) This shows his over consciousness regarding money matters and a reader who is not introduced to Willyââ¬â¢s state of mind and existence would think that he was perhaps a very successful businessman himself. This reflects a very significant symptom of the disease - confusion and illusions that lead to unorganized thinking. In fact he is to a large extent responsible f or his sonsââ¬â¢ (Biff and Happy) immaturity and slow emotional development as he pampers them during their teenage years and tells them the importance of appearance over substance showing them the dreams of high promises held by their future. He recalls that Biff had a promising teenage but he lost many opportunities and hence could not make anything out of life. This also reveals his evasion from admitting that he is failure as a father. Biff has grown up admiring his father more by his words than actions. He has not been a successful student and failed in Math. Bernard, the son of Willyââ¬â¢s friend Charlie has always been a good grade achiever but according to Willy Charlie is not well liked like himself and following the same Biff responds to his fatherââ¬â¢s query about Willyââ¬â¢s popularity, saying that he is liked but not ââ¬Å"well likedâ⬠. Willy even brags to his wife, saying that even though Bernard, the son of his friend gets good grades in schools, he cannot grow into a successful businessman unlike Biff and Happy. Willyââ¬â¢s comments at this juncture is worth taking a deeper reading, ââ¬Å"Bernard can get the best marks in school, yââ¬â¢understand, but when he gets out in the business world, yââ¬â¢understand, you are going to be five times ahead of him. Thatââ¬â¢s why I thank Almighty God youââ¬â¢re both built like Adonises. Because the man who makes an appearance in the business world, the man who creates personal interest, is the man who gets ahead. Be liked and you will never want. You take me, for instance. I never have to wait in line to see a buyer.â⬠(Miller 21) The above lines expresses his self boasting nature and setting a wrong example in front of his son Biff who ends up idolizing his father and following the wrong way. Staying around his father with a doting wife his sons cannot see his faults and all they end up learning is to give importance to appearance. Biff who has grown up with the habi t of a Kleptomaniac never faces his fatherââ¬â¢s disapproval when he lies about borrowing the things which he actually ends up stealing. When Willy tells Biff to study, the latter shows him the emblem of his University of Virginia he created on his sneakers. Bernard points out that those sneakers cannot obtain good grades for him. He also says, ââ¬Å"I heard Mr. Birnbaum say that if you donââ¬â¢t start studyinââ¬â¢ math heââ¬â¢s gonna flunk you, and you wonââ¬â¢t graduate. I heard him!â⬠(Miller 20) Finally Willy ends up shunning away Bernard saying, ââ¬Å"
Tuesday, October 29, 2019
Emerging Leadership Trends And Theories Essay Example for Free
Emerging Leadership Trends And Theories Essay The contingency theory of leadership concentrates on the efficiency of leadership in terms of organizing, leading and making decisions for an organization, and it is dependent on matching a leaders style to the right situation. This theory was introduced by Fielder, who analyzed various leaders in different contexts, but mostly he studied on the military. The theory assumes that behavior and styles cannot be influenced or modified; it is contradictory to ââ¬Ësituational leadership which emphasized the need for the leaders to adapt to the situation. Besides, the term ââ¬Ësituation implies to a complex combination of leader-member relation, task structure, and position power. 1. Leader-member relation is an evaluation of leadership acceptance between the organizational hierarchies. Therefore, the relationship is high when the leader is respected and accepted by his or her juniors. 2. Task structure is an evaluation of the simplicity of the task or project and their methods used to achieve the end product. 3. Positional power is an evaluation of amount power the leader has to manipulate the productivity of the juniors. Therefore, the power is high if a great deal of power is formally attributed to the position of the leader. Transformation Leadership Theory Leadership expert James Burns introduced the transformation leadership theory. As per Bass, transformation leadership can be identified when leaders and followers cooperate in order to advance or change to a higher level of motivation. Therefore through the strength of their personality and vision, the leaders can inspire followers to change perceptions, expectation and motivation to work to attain a common goal. There are also four components of transformations leadership theory; 1. Intellectual stimulation arises when the leader motivates the followers to explore new ways of doing things and invent new opportunities to learn. Individual consideration thatà involves encouraging and offering support to individual followers 2. Inspirational motivation arises when the leaders have a clear perspective that they can articulate to followers. 3. Idealized influence occurs when the followers emulate and internalize the leaders ideas that they usually respect and trust as their role model. Situational Leadership Theory Situational leadership theory was developed by a professor known as Paul Hersey. The fundamental underpinning situational leadership theory is that leadership depends on each situation. Therefore, there is no single leadership style that can be considered the best. A good leader is the one who can adapt to his or her objectives and goals in accomplishing his leadership. In fact, the capacity to assume responsibility, education, experience and goal setting are the main factors that make a leader successful. Also, the maturity or ability of the followers is a critical factor as well which facilitate good leadership.
Saturday, October 26, 2019
Background Of Toyota Motor Company Limited Management Essay
Background Of Toyota Motor Company Limited Management Essay Since it was founded in 1937, Toyota Motor Company has contributed to the development of the automobile industry and society by providing people with quality vehicles. TMC manufactures automobiles in 25 countries and regions all over the world. Today, its vehicles are sold in more 160 nations worldwide under the brand names of Toyota, Lexus, Daihatsu, and Hino, manufacturing small cars to luxury sedans, full-sized pickup trucks, and crossover vehicles. This report is mainly focusing on the human resource management system of Toyota Motor. The major issues like technological issues of HRMS, change management and innovation to management style of Toyota Motor Company in detail. It also depicts the relation between the human resource management system and among these key issues in the context of Toyota motor company. Technological changes in HRMS of Toyota include the recruitment and selection process of Toyota and different techniques how to motivate and encourage employees towards the objectives and goals of organization. In change management an example of change management has been explain about the Toyota Motor and different styles of management which are used in Toyota are also describe in detail and some techniques which Toyotas management is using to control and directing its employees. Some recommendations are given at the end of the report on those areas where Toyota needs some improvements. Background of Toyota Motor Company Limited Toyota Motor Co. Ltd. (TMC) was first established in 1937 as a separated company from Toyoda Automobile Loomworks, the leading manufacturing of weaving machinery. The Toyota Automobile Loomworks was then headed by Sakichi Toyoda, the king of investors (Schewe, Charles and Hiam, Alexander, 1998). The giant automaker faced its one and only strike in 1950. This event, however, supplied Toyota an important philosophy, giving it the labour and management system which helped Toyota to gain mutual growth and success in both domestic and overseas markets. Today, this philosophy is very important to the structure of Toyota. Toyotas production system improved in the late 1950s, establishing the Toyota Production System. This system became the major factor in the reduction of inventories and defect in the plants of Toyota and its suppliers. It also underpinned all of Toyotas operations across the world. It launched its first small cars in 1947. The operation outside Japan started in 1959 in Brazil and continued with growing network of foreign plants. Toyota celebrated its 60th anniversary in August 1997. It believes that its local production can provide customers with the productions they need, giving it the stable and long-term growth. It also has a global network of design and research and development facilities, consisting Japan, North America, and Europe markets (Schewe, Charles and Hiam, Alexander, 1998). Toyota is at rank 8 in fortune global 500 2007 companies of the world Toyota Motor Company is committed to the principle of Equal Opportunities by providing fair and equitable treatment to all individuals and applicants. Toyota seeks to abide by the intent as well as the letter of appropriate legislation in these matters and Toyota management team is committed to the promotion of and adherence to the Equal Opportunities Policy. . Why Toyota Motor need Innovation and Change? Any organization needs change for some reason. It may be for its survival if business is not doing well or may be business wants to attain competitive advantage. Sometimes this change is required due to the external pressure like mergers or change in any legislation. Overall change is for the benefit of the business and their employees. There are so many reasons for the Toyota for the innovation and change which are: Reduced Sales Customer Turnover Employee Turnover Loan Repayment Investments in a new project Extension of Organization i.e. overseas business Need for Technology Core Competence Customer Value Creation Basic Issues to Toyota Motor Company In the past, Toyota was not giving much attention to its Human Resource management system but now it is known that success of the Toyota is more dependant on its employees rather than on any thing else. Toyota Motor also believes its employees are assets for them and sometimes they give more attention to the employees than customers. They believe on the philosophy that organization with more satisfied employees having more satisfied customers. So now, It is necessary for the Toyota to choose the right employee for the right job. Because one wrong decision regarding selection of the employee will harm Toyota till that employee will work on that job. The three most vital issues related to HRMS of Toyota includes Technological Changes in HRMS of Toyota Innovation to Management Styles of the Toyota HRMS Change Management perspective of Toyota HRMS Technological Changes in HRMS of Toyota In this competitive environment of global business, it was very difficult for Toyota Motor Company to remain always competitive and managed profitable relationship with the customers. Toyota Motor is the 3rd best automobile corporation of the world and it always needs innovation (Ronald J. Burke, Cary L. Cooper, 2006). Innovation can be in any form or in any field e.g. it can be in the design, production processes, quality, product, managing human resource effectively etc. in this report main focus will be on the human resource management system of the Toyota. The solution of technological changes in HRMS of Toyota includes: Innovation in recruitment and selection process How Can Toyota maintains employees satisfaction and low employees turnover Innovation in recruitment and selection process of Toyota With the passage of time, so many technological changes have also come into the recruitment and selection process of the Toyota. Now for the selection of employees Toyota gives special attention. Because finding right employee for the any position is necessary for the Toyota Motors (R. L. Compton, Alan R. Nankervis, 2008). The first step in the process of acquiring the human resource for the Toyota is to specify the kind of work which will be done by the employees. Job analysis and job design are the process used to determine this Job Analysis Job Design Training of Employees Job Analysis Job Analysis means gathering the pertinent information regarding the nature of the specific job. It is determining the tasks that comprise the job which includes skills, qualification, abilities and experience of the employees (Ronald J. Burke, Cary L. Cooper, 2006). Now job analysis is must for every job in Toyota Motor. Job analysis serves as foundation of the every human resource functions. Products of job Analysis Job description: means written synopsis of nature of the job. Job specification: means description of competencies, educational, and experience qualification the incumbent must possess to perform the job. Job Analysis Method Different methods are used by the Toyota for the job analysis which are: Observation (Motion and time study, Work Sampling) Interview Questionnaires Functional job Analysis Job Design Job Design is the process of structuring work and designing work for the specific job in Toyota. Job design gives the answers to basic questions of how the job is performed, who is to perform. Both job analysis and job design are linked with each other. Two dimensions of job design include job scope and job depth (Ronald J. Burke, Cary L. Cooper, 2006). Job scope refers to the number and variety of tasks performed by the jobholder in the Toyota Motor Company. In Toyotas working environment most jobs have high job scope. In a job with less scope, jobholder has to performed few tasks. Low job scope can be the reason for dissatisfaction of the particularly job. Job depth refers to the freedom of the job holders to plan and organize their own work. Toyotas management gives freedom to its employees up to his control or limit and works at your own pace and communicates according to your need (R. L. Compton, Alan R. Nankervis, 2008) Training of the employees After selecting the employees, Toyota arranged training activities for its employees. To get this training is compulsory in Toyota. This training is very helpful for the employees and it takes less time to learn the employees lots of things than learning on job from own experience. Toyota Motor used different methods for the training of its employees like some lectures and training classes are arranged for them or give them on job training with the senior members who are having vast experience and can help the employees in its training. Job rotation is another term which is used for learning and developing new skills of the employees. How Toyota can maintain employees satisfaction and low employees turnover In managing human resource of the Toyota effectively the first step is to select the right employee for the right position. For this right selection of employees, it is necessary for Toyota to use new innovative techniques for selection of employees, compensating and rewarding to employees. Because job satisfaction is the most important variable and Toyotas success is dependant on its employees. So, Toyota always follows the innovative techniques for managing its human resource. Satisfied and committed employees are asset for the Toyota. It has seen organization with more satisfied employees perform better than other whose are not satisfied. So, Toyotas success or failure also depends on its employees satisfaction or dissatisfaction. Organization whose employees are dissatisfied with their jobs cost too much to the organization. Mostly they will be absent from the work or might quarrel with the co-workers .These employees do not take interest in their job which affects the overall pr oductivity of the organization and ultimately organization will suffer. There are so many reasons for their dissatisfaction; it can be the environmental conditions in which they work, Nature of the work like repetition etc. There are different techniques which are used to make employee satisfied and ultimately low employees turnover which are: HR Development Career Development Motivation HR DEVELOPMENT Skills and knowledge of staff is crucial for Toyotas innovation process. Most of the innovation ideas are come through the employees of the Toyota Motor. But the time is changing so quickly that every technology and change becomes obsolete in no time. It is important for the Toyota that its employees remain up-to-date with the knowledge and changes to compete in the industry Career Development It is the duty of the Toyotas management to provide the growth opportunities to its employees. Career development is an ongoing process that focusing on the developing and enriching the organizations human resource in the light of both employee and organization need. It is also the responsibility of the Toyotas employee himself to think about his career development. It is something which one can not do for others. It has to come from the individual himself. Toyota also helps, guide and provides opportunities to its employees. MOTIVATION Motivation is a feeling of satisfaction and commitment towards its goals and objectives. This is an internal psychological state which determines the action of the person. Employees are motivated via different ways .It is important for Toyota to give much attention to the needs of its employees and keep moving in the desire direction. Toyota enhances its employees motivation through two basic ways: Financial Non-financial Financial motivators Toyotas financial motivators are connected to the monetary need of the employees which includes salary system, bonuses, and allowances etc. which have usually short term effect on the employees. Base salary: A person is paid a salary for the job he/she is doing in a specific time. In Toyota, persons basic salary depends upon his knowledge, skills, qualification and competencies of the employee. Basic salary should be compatible with the job. It is required for the Toyota to give the compatible salary to its employees which keep them motivated and committed. Variable pay Sometimes Toyota gives incentives to employees to enhance or improve the performance of the employees focusing on the specific targets or projects. Financial rewards provide financial recognition to people. Extra money is given to the employee for their achievements. Benefits are also given to the employees for their well being which includes contribution to pension fund, health insurance schemes, life insurance, loan with no interest or lower interest rate, free use of products or services of the company, etc. Allowances for relocation, transportation, subsistence, accommodation, recreation, etcà à Non-financial motivation techniques The most important technological changes which are used by the Toyota to motivate its employees include non-financial motivation techniques. These non- financial motivators are very effective it cost nothing to the Toyota but depend on the willingness of pertinent managers to pay more attention to their staff. These non financial motivators are connected to the work itself and having a longer term effect. Non financial motivators are honors, self respect, Change Management perspective of Toyota HRMS Change Management as it seems made up of two words Change plus Management. Change means to transform while management means the art of controlling, leading, organizing and decision making. So apparently change management means the art of controlling, leading, organization and decision making in the transformation process (J Dawkins, 2007) More precisely, in the context of Toyota Motor, we can define change management as systematic methodology of changing the individuals, teams and organizations from current state to the desired state. This change may or may not include all the employees of an organization. In the case Development of new system was very crucial for Toyota Motor. Company was using old system but new computerized system was needed. And Toyota was facing problems in changing the old system due to its employees behavior (Chaffey D, 2004) Change Management process Change Management process includes the Toyota context, pace and scale of change, people management, change management content plan page and implementation of plan In Toyotas Context In Toyota Motor company, management decided to change its old manual accounting system with new computerized system. Toyota Company needed the new computerized system for the following reason: Toyota Motor wanted to increase its efficiency in doing business and also wanted to gain competitive advantage over its competitor. For the development of new system company took the services of the other organization (J Dawkins, 2007) The new system was after the stage of successful testing was almost complete and the only problem for Toyota was the implementation because its workers who were resisting this new change they were thinking that after the development of the new system they will have problem to use it and they have to made major adjustment even layoffs are expected as a result of new system in reality company was predicting for the growth they were planning for product development and wanted to add new models and staff for managing this growth (Ayse Saka, 2003). After this implementation of new system lots of employees of Toyota was thinking about the early retirement. Pace and Scale of Change in Toyota Motor Company In pace and scale of change business needs to know that how many people are affected with the development of the new system. For this organization can choose different ways that how they will know about these affected employees because this new system had been used by the same people there was very high cost attached with the new system so Toyota Motor needed to know exactly about the number of people who are affected and how often they had to change their attitudes and behavior. Toyota should know the time period in which the old system will be replaced by the new computerized system (Joel Oleson, 2009) For this change Toyota needs a sponsor and best person fits to this role are senior and as well as influential personality of the Toyota. This was the first step for the Toyota to identify the sponsor next step was to identify champions and change agent who will bring this new change system in the organization. People Management in Toyota In the new system development process at Toyota the most complicated stage in the process was people management. This is the most difficult process of development of new system. Because people are the final user for this new system in this case Toyota was facing some challenges as their employees were not favoring the new system due to some future doubts e.g. they were feeling their selves insecure that this new system will be harm for them (Joel Oleson, 2009) It will not in the benefit of them. There are so many ways organization can manage this issue of contradiction (Ayse Saka, 2003). First it is the responsibility of the Toyotas management to tell about the change to its employees who will be affected by this new system. They should be aware of about this system before its starting so, then these hurdles do not exist. Now proper coaching is required for the employees who will use this new system. They should be trained and learned to use new system. Toyota should communicate new systems benefits and new opportunities which will arise due to implementation of the new system to the employees like presentations, road shows; team briefing and regular meeting of the senior employee would be called and arranged for the employees. Toyotas Change Management Plan Contents Page Change management is a very difficult process that demands a proper step by step process for the change in a firm or organization. It has been often found that employees resist to the change management process a lot. Same as the case of Toyota Motor which wanted to implement a change within the organization and was facing resistance from his employees. Change management plan contents page includes: Initial Knowledge Implementation Plan of Toyota Initial Knowledge For Toyota initial knowledge is called as the foundation to the change process. Toyota Motor believes, when they have a strong introduction to your change requirements, they can have a first impact on the stakeholders who may be the cause of the resistance to the change. The more impressive the introduction to the problem and the change need, you have the most chances of the success in the change management (Ayse Saka, 2003). An introduction is the part of the change process in which you introduce the objectives, needs, rules and policies and deliver change effectiveness. Implementation Plan of Toyota For Toyota Implementation plan in the change process works as the milestones towards Toyotas destination. In the plan first Toyota management sets its milestones so that they may not lose their track from the change process. Plan has a significant importance (Chaffey D, 2004) .It helps the people, technology, process, and the change implementers like Toyota Motor Company define the service, reduce ambiguity in the change process and it also help to mitigate conflicts within the firm where change needs to be implemented. Communication Whenever a change is required, the change management team is required to seek, produce and properly communicate the evidences to Toyotas management in support to the change. Taking employees in confidence has a great importance for Toyota, as the change is mostly not implemented due to the resistance from the employees (Helen Taylor, Cary L. Cooper, 1998) .And to get their support, it is widely required the good communications of the evidences to the support of change. Because if the employees will understand the benefits and reasons behind change, they will respond positively. Implementation plan includes: Readiness measurement By Toyota Involvement of employees Training Readiness measurement by Toyota Along with the strong communication, Toyota Motor also measures the readiness to use the change in the daily operations. If the staff will see it more ambiguous and difficult to implement, they will deny accepting change as it will not be secure to them. It may harm their performance that will impact on their jobs too. The experts in new system may replace them. So they will never accept the change. But if they find the system is easy to use and change, then most staff will embrace changes for the long term security. Involvement of employees Keeping the involvement of the staff and employees in the change process is also an important step for Toyota. If you keep their opinion and suggestions in the changing process, you may face very less probability of the resistance from them. It will give them an affiliation with the change process (Helen Taylor, Cary L. Cooper, 1998). They will consider the success of the change as their success. Keeping them aware and involve also keep them aware what is going on so that there would be less chances of negative words of mouth and rumors. Training The new systems and the changing should have training sessions for the employees who are use to the older systems and the business environment. The training sessions should be conducted by Toyota so that it may reduce the resistance, to increase efficiency and to avoid any risk in the stoppage of the production, jammed processes or other factors related to the less knowledge for the new systems (Chaffey D, 2004). Innovation to Management Styles of the Toyota HRMS Different management styles are used in Toyota to manage its workforce. These styles are dependent on the on various factors e.g. culture of Toyota, nature of the task, skills, qualification of the employees, nature of the leaders (Kotter, J. and Schlesinger, L. 2003). Style of leader depends on all these factors and after analyzing appropriate style is employed. Sometimes different styles are used at same time to control the situation. Different Management Styles Normally there are three management styles which are followed by the different organizations including Toyota which are Autocratic Democratic Lassie Faire Autocratic In Toyotas Autocratic style employees involvement is minimal or not taken. No information is shared with the employees. Rules are set and then tell employees to follow them. All the objectives and goals are set by the Toyota top management. The communication flow is from up to downward from top level to low level. The advantage of this style is that objectives and goal remain constant. These type of leaders make unilateral decision and always keep an eye on subordinates whether they are doing the right things. In this style subordinates have no control on any thing and they just need to follow leader (Kotter, J. and Schlesinger, L. 2003). The disadvantage of this style is that employees are dissatisfied and which cause the reason of turnovers, absenteeism and low productivity. Democratic In Toyotas Democratic style, employees input are taken in the planning and decision making process. Employees are motivated and encourage participating in the affairs of the Toyota. In this style every issues and problems are solved with the consent of the majority. The communication flow is both way upward to downward and vice versa. Democratic style is more often used at Toyota when the problem is complex and need everyone input. There are some advantages and disadvantages of this style. Employees are more satisfied with their job and turnover rate is low and productivity is high. Disadvantages may include to get everyone consensus is difficult. This style is time consuming because it takes time to get the input from others. Laissez-faire In Toyotas Laissez-faire leadership style, leader gives free hand to employees or a group or team and asked for the end result. Toyotas leader does not set any rules and regulations. Toyotas employees set the rules and objectives according to their need. Leader role is very nominal in this style. The communication style is horizontal in this style (Kotter, J. and Schlesinger, L. 2003). This style is not very common in the so many organizations including Toyota but still used when management feels its need. There are also some disadvantages for this style, lack of staff focus, no clear hierarchy, poor company image and less dissatisfaction of customers How to manage Toyota Human Resource? Toyota motor company has also adopted the different management techniques for keeping its employees competitive, satisfied and to solve all the potential problems related to its HRMS. These different techniques are: Job rotation Job Enrichment Involving employees Communication Management by walking around Employee driven innovation Maintain a knowledge sharing network Job rotation In Toyota job rotation is the newly concept and it is effective as well. The process of moving employees among different jobs is job rotation. Job rotation helps employees to improve their skills, Knowledge and competencies. Employees get bored by doing the repetitive task every time so job rotation is a good way to keep them active and fresh every time (Jeffrey H. Dyer and Kentaro Nobeoka, 2000). Job rotation also helpful for the Toyota itself in the time of crisis, if an employee is unavailable due to the any reason other employee can do its work Job enrichment: Toyota Motor Company knows intrinsic factors in a job such as achievement, responsibility and growth need the job enrichment. With job enrichment employees are more likely to be satisfied with the job and motivated to perform it. Combining tasks takes existing and fractionalized tasks and puts them together and form a larger module of work. Forming natural work units tasks and employee does create an identifiable and meaningful whole. Establishing client relationship increases the direct relationship with the clients. Expanding jobs vertically gives employee more responsibilities and control (Jeffrey H. Dyer and Kentaro Nobeoka, 2000). Opening feedback channel lets employees knows how well they are performing their jobs whether performance have improved or not or remain constant. Involving employees Take input from the employees to increase their commitment is important for the success of the Toyota. The extent to which decisions affect the employees and Toyota should involve the employees. By increasing their autonomy and control over their work lives, employees will become more motivated, more committed to the organization, more productive and more satisfied with their jobs. Communication Keep informing the employees about the goals and direction of the Toyota. Communicate all the related issues regarding employee future, job and performance. Each and every matter which Toyota can share to the employee should communicate them. Every thing which affects the employees itself also communicated to them. Management by walking around: Visit to the Toyotas offices, factories, workshops, and labs regularly, always asking the employees about their work and work related problems, sort out the problems and giving them feedback etc. à Employee Driven Innovation Toyota believes in collection of key ideas and uses the experiences of most of the employees to create opportunities and new ways for them. It is important to bring incremental changes in culture of Toyota, products, behavior, processes, and in business models that create value for customers, stakeholders and the company. Maintain Knowledge sharing network It is necessary for organization to maintain knowledge sharing network that will help in quick knowledge diffusion than other competing manufactures. Due to the best knowledge sharing network organization can gain competitive advantage on other competitors. Knowledge sharing system made organization effective and capable to do any thing with in no time. This knowledge sharing network includes organizations employees, suppliers, management and all the related stakeholders. This network improves the productivity and reduced the delivery time. This knowledge sharing network of will solve three basic problems: Motivate and encourage members involvement and share their valuable ideas Reduce cost of doing business Prevent free Riders Conclusion Studies have proved that organizational success is affected by the innovative management styles. These management styles are vary from every organization to another organization. There are different managing styles which all used to manage employees. Management styles can bring success and innovation in the organization but the most important thing is that management style should be suitable for the organization Satisfied and committed employees are asset for the Toyota. It has seen organization with more satisfied employees perform better than other whose are not satisfied. So, Toyotas success or failure also depends on its employees satisfaction or dissatisfaction. Organization whose employees are dissatisfied with their jobs cost too much to the organization. The Change Management Could arises from several many situations and could be applied in several many kinds. Actually the type of problem or situation decides why and how to change. The successful implementation of change depends on the human capital that an organization possesses and also on the measures adopted to implement change. The main objective of organizational change is to bring about a strategic change in its organizational structure to better utilize its human and non-human resources to efficiently achieve organizational goal. Recommendations Effective and Timely Change Management is the secret of success of Toyota. But for effective change, Toyota needs to plan the design, sequence and implementation of change proactively. Satisfied and committed employees are asset for the Toyota. It has seen organization with more satisfied employees perform better than other whose are not satisfied. So, it is vital for Toyota to maintain a healthy relationship with its employees in order to become competitive. Today world is changing very quickly so Toyota should change and up grade its self with the modern standards and technologies. Toyota should welcome any key idea by the any employee. Self recognition, self esteem and honors are also very important for the employees so, Toyota should more emphasis on these non financial motivators and keeps its employees as most satisfied and happy.
Friday, October 25, 2019
Essay --
Since the beginning of time, man has been defined as a carnivore devouring all meets for their cultural, religious and everyday lifestyles. But now, people are starting to realize that eating meat is also harmful to the environment and our health. It has been said that becoming a vegetarian would help prevent cruelty to animals and reduce the impact on the environment. An environmental scientist named Thomas Robbins said ââ¬Å"we can eliminate world hunger out of society if people were to maintain a vegetarian diet.â⬠Producing and manufacturing beef tend to leave our environment to suffer from air and water pollution. Animals tend to take up a lot of resources from farms and countrysideââ¬â¢s such as water, top soil, and fossil fuels. As our planet begins to degrade from social and environmental issues, cultures around the world need to start thinking about change in their diets and lifestyles in order for future generations to succeed. It is not if it will ever happe n, it is when it is going to happen. The first issue of having a meat eating diet is the depletion of earthââ¬â¢s natural res... Essay -- Since the beginning of time, man has been defined as a carnivore devouring all meets for their cultural, religious and everyday lifestyles. But now, people are starting to realize that eating meat is also harmful to the environment and our health. It has been said that becoming a vegetarian would help prevent cruelty to animals and reduce the impact on the environment. An environmental scientist named Thomas Robbins said ââ¬Å"we can eliminate world hunger out of society if people were to maintain a vegetarian diet.â⬠Producing and manufacturing beef tend to leave our environment to suffer from air and water pollution. Animals tend to take up a lot of resources from farms and countrysideââ¬â¢s such as water, top soil, and fossil fuels. As our planet begins to degrade from social and environmental issues, cultures around the world need to start thinking about change in their diets and lifestyles in order for future generations to succeed. It is not if it will ever happe n, it is when it is going to happen. The first issue of having a meat eating diet is the depletion of earthââ¬â¢s natural res...
Wednesday, October 23, 2019
Research Essay
ââ¬Å"Reading is neither neutral, nor natural. â⬠How does your context as a reader influence your reading of The Dreamers? Reading is neither neutral, nor natural. Readers are constantly positioned to make their own ideas and opinions of different texts based on their own understand and connecting of their personal context. In Jack Davisââ¬â¢ The Dreamers the descriptions of the tribal family in the first scene provide a strong, central reading that while I would accept, the earlier generations from those times would challenge the mutual reading of the harmonious tribal family.The different generations of past and present times would also have many contrasting views on particular characters such as Worru. Additionally, the study of past texts, such as The Glass Menagerie by Tennessee Williams and Coonardoo by Katherine Suzanne Prichard, allows me to comprehend the meaning behind the symbol of alcohol in The Dreamers and how it is a representation of escapism for people in d egrading ways of society.In the beginning of The Dreamers by Jack Davis, we are described a scene of a tribal family walking, relaxed, across an escarpment with children happily singing songs of cultural meaning, relaying their innocence and happy family-based futures: ââ¬Å"Dawn. We hear the distant echoing of children singing a tribal song. A tribal family walks slowly across the escarpment silhouetted against the first light of dawn. The central, prominent reading brought forward by Davisââ¬â¢ descriptions and symbolism of the melodious, peaceful tribal family is one I accept because of Davisââ¬â¢ way of showing the harmonious nature of the aboriginal culture and way in their environment, in the world they know. However, the white generations of the 1980s would contrast and challenge this communal reading because of their own racial attitudes and beliefs of Aboriginals.To the whites of the 1980s, Aboriginals were filthy and worthless individuals and therefore the white soc iety audiences were unable to cope with and respect the cultural identity and way of life of Aboriginals. These confrontational views of The Dreamers show how reading is not neutral. Every generation is different, therefore they all respond to particular readings inversely due to their own personal context. This reinforces that reading is not neutral.Worru is a character in The Dreamers who is exceedingly diverse from the members of his family. Worru is the representation of Davisââ¬â¢ views of his own complicated culture and aboriginal context. Worru is desperately trying to hold onto his Nyoongah (aboriginal) culture that within him has ââ¬Ësurvived civilisationââ¬â¢ through reminiscing about life before white settlement and his language: ââ¬Å"I walked down the track to where the camp place used to be and voices, laughing, singing, came surging back to me. In Act One Scene One, Worru sings of his past, something that is all but real now that he is going through a lost a s a result of living in a suburbia-dominated world. Through the study of Coonardoo by Katherine Suzanne Prichard, I am able to see that the aboriginal generational views would be ones of sympathy and empathetic understanding, as aboriginals would be able to relate heavily with Worru, knowing just how much they lost because of the dramatic change in the way they wanted to live.On the contrary, a white audience of the same era wouldnââ¬â¢t be able to understand how aboriginals couldnââ¬â¢t adapt to such a ââ¬Å"easyâ⬠lifestyle, and be unable to connect to the Aboriginal background and estrangement of their race. Readers who have read more texts than most are able to see and understand how changed contexts but parallel themes are cooperative in identifying symbols. Through my reading The Glass Menagerie by Tennessee Williams and The Dreamers has allowed me to understand the symbol of alcohol and its meaning of escapism in both plays respectively.Tom Wingfield from The Glas s Menagerie drinks constantly, trying to escape the horrors of the Great Depression in America. He drinks to forget his issues and withdraw from a pitiful reality. This reading allows me to understand the reasoning behind why, in The Dreamers, Worru, Peter, Eli and Roy all drink constantly ââ¬â using money needed for food and other essentials: ââ¬Å"The full bottle is now nearly empty. The heat and the alcohol are taking their toll. â⬠The characters drink alcohol to also escape from the cultural oppression of white society and the failing ways of aboriginal life.They see alcohol as the only way to forget what has been done to them, as it is an influential depressant, and using it to disengage from a reality that would see the complete deprivation of the aboriginal way ââ¬â a way they cherish. An informed reading is not something that just comes naturally, it must be taught and learnt over the reading of numerous texts, therefore reading is not natural. In Conclusion, readings are mostly advanced through a readers own individual context and experiences.My interpretations on a tribal aboriginal family were analogized by the white generations of the 1980s view on aboriginals, establishing that reading is not neutral. The diverse generational views formed unlike perspectives on who would sympathise with the hostility of the aboriginal race, my own background through the study of the other texts Coonardoo, The Dreamers and The Glass Menagerie has given me a purer understanding of how alcohol embodies escapism for people in contemporary society. All these factors have established my view that reading is neither neutral, nor natural.
Tuesday, October 22, 2019
Practice Final Answers Essays
Practice Final Answers Essays Practice Final Answers Essay Practice Final Answers Essay When the interest rate falls in the money market, the quantity of money demanded and the quantity of money supplied A) decreases; increases B) increases; decreases C) increases; stays the same D) stays the same; decreases 2) In short-run macroeconomic equilibrium, A) real GAP and the price level are determined by short-run aggregate supply and aggregate demand. B) real GAP equals potential GAP and aggregate demand determines the price level. C) the price level is fixed and short-run aggregate supply determines real GAP. D) real GAP is less than potential GAP. 3) The idea that a government budget deficit decreases investment is called B) the crowding-out effect. A) the capital investment effect. C) the Richard-Barron effect. D) government diseasing. 4) As labor increases, there is a A) shift of the aggregate production function, but no movement along it. 8) movement along the aggregate production function and real GAP will increase less with each additional increase in labor. C) movement along the aggregate production function, but no shift in it. D) decrease less with each additional increase in labor. ) Net investment equals A) the total quantity of plant, equipment and buildings. B) gross investment/depreciation. C) gross investment minus depreciation. D) capital stock minus depreciation. 6) If real GAP decreases, the demand for money curve will shift A) rightward and the interest rate will fall. B) leftward and the interest rate will rise. C) leftward and the interest rate will fall. D) rightward and the interest rate will rise. 7) Factors that influence labor productivity include . A) the labor demand curve B) the inflation rate, the real wage rate, and the exchange rate C) physical UAPITA, the real wage rate, and technology D) physical capital, human capital, and technology 8) The quantity theory of money is the idea that in the long run A) the quantity of money is determined by banks. B) the quantity of money serves as a good indicator of how well money functions as a store of value. C) the quantity of money determines real GAP. D) an increase in the growth rate of the quantity of money leads to an equal increase in the inflation rate. 9) Prime Pharmaceuticals has developed a new asthma medicine, for it has a patent An inhaler can be produced at a constant marginal cost of $2/inhaler. The demand curve, marginal revenue curve, and marginal cost curve for this new asthma inhaler are in the figure above. With its patent giving it a monopoly for its new inhaler, if it is a single-price monopoly, Prime Pharmaceuticals will produce each inhaler. C) 8 million; $6 A) 8 million; $2 B) 16 million; $2 D) 10 million; $5 inhalers and set a price of for 10) A small country is a net foreign borrower if its real interest rate without foreign borrowing is A) lower than B) not comparable to C) higher than D) equal to the world real interest rate. 1 1) Which of the following is the most liquid asset? A) a share of stock C) money B) land D) a government bond 12) Starting at full employment, a business cycle can be described by the following sequence: equilibrium, equilibrium. A) below full-employment; full-employment; below full- employment B) above full-employment; below full-employment; full- employment C) full-employment; below full-employment; above full- employment D) below full-employment; full-employment; above full- employment 2 1 3) Suppose that the money multiplier is 4. If the monetary base decreases by $2 million, the quantity of money will A) decrease by $8 million. B) decrease by $500,000. C) increase by $8 million. D) increase by $500,000. 14) A bank creates money by A) buying bonds from the Reserve Bank. B) lending its excess reserves. C) purchasing currency from the Reserve Bank. D) printing more cheeses. 1 5) A decrease in the money wage rate increases the full employment quantity of labor increases B) only the Ass; the ASS and the LASS A) the ASS and the LASS; only the ASS C) only the LASS; the ASS and the LASS D) the ASS and the LASS; only the LASS and an increase in 16) Suppose the current account of a country is in balance and the official settlements account equals O. A new transaction occurs so that the current account is now in surplus, but the official settlements account does not change. From this we know that A) the balance of trade is now in surplus. B) the government is running a budget deficit. C) the government must make official reserve transactions. D) the capital and financial account is now in deficit. 17) People know that the inflation rate will increase from 3 percent to 5 percent. As a result A) the nominal interest rate rises by 2 percentage points. B) the real interest rate rises by 2 percentage points. C) the nominal interest rate is constant. D) the nominal interest rate falls by 2 percentage points. 8) A firm in will engage in to try to earn an economic profit. A) perfect competition; price wars B) perfect competition; advertising C) monopolistic competition; product differentiation D) monopolistic competition; price wars 19) Over time in a growing economy, the long-run aggregate supply curve will A) shift leftward. B) become horizontal at the long-run potential price level. C) become increasingly steep. D) shift rightward. 20) In 2011, Armenia had a real GAP of approximately 54. 21 billion and a population of 2. 98 million. In 201 2, real GAP was $4. 9 billion and population was 2. 7 million. Armenian real GAP per person in 201 2 was A) $1 ,545 B) $380 C) $1 32 D) $1,413 3 21) The key aim of monetary policy is to A) maintain price stability. B) change tax rates to boost investment. C) change government spending to spur in innovation. D) change tax rates to boost saving. 22) According to social interest theory, A) regulation helps markets achieve efficiency B) price regulations are unconstitutional C) unregulated firms try to avoid creating deadweight loss D) monopoly practices last forever 23) The velocity of circulation is A) constant. B) the changes in the purchasing power of money over a given time period. C) the rate of change of the GAP deflator. D) the average number oftentimes a dollar of money is used in a year to buy goods and services that make up GAP. 24) The quantity theory of money predicts that in the a 10 per cent increase in the quantity Of money leads to a 10 per cent increase in A) long run; velocity B) long run; real GAP C) long run; the price level D) short run; velocity 25) If the ARAB sells Australian government securities, A) the Australian Treasury gains some revenue. B) the cash rate rises. C) bank reserves increase. D) None of the above answers is correct. 26) Handy is a large South Korean company that produces finished steel products. Handy plans to buy raw steel from Australia. As a result, the A) demand Cleave for Australian dollars shifts leftward. B) demand curve for South Korean won shifts rightward. C) demand curve for Australian dollars shifts rightward. D) demand curve for South Korean won shifts leftward. 27) The market for maple syrup is perfectly competitive. Suppose that the market is in long-run equilibrium when the market demand for maple syrup increases. What happens in the short run? A) The firms decrease production. B) Some of the existing firms shut down. C) The firms increase production. D) Firms will enter the market. 4 28) If the exchange rate between the Australian dollar and Japanese yen is below the equilibrium exchange rate, there will be a dollars, and the exchange rate will A) shortage; rise to the equilibrium level B) surplus; rise to the equilibrium level C) surplus; fall to the equilibrium level of Australian D) shortage; change only when the supply curve shifts leftward 29) Workers who pursue an education directly increase their A) financial capital. B) saving. D) human capital. C) physical capital. 0) Diminishing marginal returns occurs when A) a variable unit is increased and its marginal product falls. B) all inputs are increased and output increases by a smaller proportion. C) all inputs are increased and output decreases. D) a variable input is increased and output decreases. 31 ) If a countrys central bank does not intervene in the foreign exchange market, the country has A) a crawling peg exchange rate policy. B) a fixed exchange rate policy. C) a flexible exchange rate policy. D) no exchange rate policy. 32) The Reserve Bank of Australia A) sells Australian dollars to China in an attempt to depreciate the Australian alular. B) has no influence on the exchange rate. C) allows a flexible exchange rate, though their actions can impact on the exchange rate. D) alternates between a flexible, fixed and crawling peg exchange rate policy depending on economic conditions. 33) If the real interest rate is below the equilibrium real interest rate, A) a shortage Of Of alienable funds will cause the real interest rate to rise. B) lenders will be unable to find borrowers Willing to borrow all of the available funds and the supply of alienable funds curve will shift leftward. C) borrowers will be unable to borrow all of the funds they want to borrow ND the demand for alienable funds curve will shift leftward. D) borrowers will be unable to borrow all of the funds they want to borrow and the demand for alienable funds curve will shift rightward. 34) Suppose a country is producing $20 million of real GAP. If the economy grows at 10 percent per year, approximately how many years will to take for real GAP to grow to $80 million? B) 14 A) 30 35) If the Reserve Bank wants to depreciate the Australian dollar against the British pound, it will B) sell Australian dollars A) decrease the money supply C) sell foreign exchange D) sell British pounds 5 6) In the global alienable funds market, A) funds flow into countries with the highest risk-adjusted interest rates and out of countries with the lowest risk-adjusted interest rates. B) when funds leave a country, a shortage of funds lowers the real interest rate. C) when funds enter a country, a surplus of funds raises the real interest rate. D) funds flow into countries with the lowest risk-adjusted interest rates and out of countries with the highest risk-adjusted interest rates. 37) Ticket scalpers at the FALL grand final last year charged prices high above the printed ticket price. This observation is evidence Of A) a surplus at printed ticket prices. B) the grand final not being televised. C) the grand final getting too much television exposure. D) a shortage at printed ticket prices. 38) As the real wage rate increases, the A) supply of labor curve shifts leftward. B) quantity of labor supplied increases. C) supply of labor curve shifts rightward. D) quantity of labor supplied increases and the supply of labor shifts rightward. 39) When the ARAB increases the cash rate, the Australian interest rate differential B) rises; appreciates A) rises; depreciates C) falls; depreciates D) falls; appreciates ND the Australian exchange rate 40) To pay for a current account deficit, a country can A) borrow money from abroad. B) increase official reserves to cover the shortfall. C) lend money abroad. D) transfer money from the capital account to the reserve assets account. 41) Fifth price level in the U. S. Is 120, the price level in South Africa is 140, and the nominal exchange rate is 7 South African rand per dollar, then the real exchange rate is A) 1. 4 South African goods per U. S. Good. B) 8. 4 South African goods per U. S. Good. D) 6 South African goods per U. S. Good. C) 9. 8 South African goods per U. S. Good. 2) If Chinas government runs a budget surplus and there is no Richard- Barron effect, there will be in the supply of alienable funds, private . B) an increase; decreases; increases saving 6 and investment A) an increase; increases; increases C) a decrease; decrease; increases D) a decrease; Increases; Increases 43) For a commercial bank, the term reserves refers to A) the profit that the bank retains at the end of the year. B) a bankers concern (reservation) in making loans to an individual without a job. C) the cash in its vaults and its deposits at the central bank. D) the net interest that it earns on loans. 4) people expect their incomes will decrease next year. As a result, the will shift .
Monday, October 21, 2019
David Foster Wallace on SNOOTS - Extreme Usage Fanatics
David Foster Wallace on SNOOTS - Extreme Usage Fanatics After reading this article, decide if you are a SNOOT: one of the Few, the Proud, the More or Less Constantly Appalled at Everyone Else. Question: What Is a SNOOT? Answer: SNOOT (n) (highly colloq) is this reviewers nuclear familys nickname clef for a really extreme usage fanatic, the sort of person whose idea of Sunday fun is to hunt for mistakes in the very prose of [William] Safires column [in The New York Times Magazine]. This definition of the family word SNOOT (an acronym for Sprachgefà ¼hl Necessitates Our Ongoing Tendance or Syntax Nudniks of Our Time) appears in footnote number five of David Foster Wallaces review article Authority and American Usage (in Consider the Lobster and Other Essays,à 2005). There, the late author of Infinite Jest devotes more than 50 smart and entertaining pages to the topic of grammarin particular, to the dispute between linguistic conservatives and linguistic liberals, otherwise known as the Prescriptivists vs. the Descriptivists. Before deciding whether you would feel comfortable characterizing yourself as a SNOOT, consider Wallaces description of SNOOTitude: There are lots of epithets for people like thisGrammar Nazis, Usage Nerds, Syntax Snobs, the Grammar Battalion, the Language Police. The term I was raised with is SNOOT. The word might be slightly self-mocking, but those other terms are outright dysphemisms. A SNOOT can be defined as somebody who knows what dysphemism means and doesnt mind letting you know it.I submit that we SNOOTs are just about the last remaining kind of truly elitist nerd. There are, granted, plenty of nerd-species in todays America, and some of these are elitist within their own nerdy purview (e.g., the skinny, carbuncular, semi-autistic Computer Nerd moves instantly up on the totem pole of status when your screen freezes and now you need his help, and the bland condescension with which he performs the two occult keystrokes that unfreeze your screen is both elitist and situationally valid). But the SNOOTs purview is interhuman social life itself. You dont, after all (despite withering cultural pressure), have to use a computer, but you cant escape language: Language is everything and everywhere; its what lets us have anything to do with one another; its what separates us from the animals; Genesis 11:7-10 and so on. And we SNOOTS know when and how to hyphenate phrasal adjectives and to keep participles from dangling, and we know that we know, and we know how very few other Americans know this stuff or even care, and we judge them accordingly.In ways that certain of us are uncomfortable about, SNOOTs attitudes about contemporary usage resemble religious/political conservatives attitudes about contemporary culture: We combine a missionary zeal and a near-neural faith in our beliefs importance with a curmudgeonly hell-in-a-handbasket despair at the way English is routinely manhandled and corrupted by supposedly literate adults. Plus a dash of the elitism of, say, Billy Zane in Titanica fellow SNOOT I know likes to say that listening to most peoples public English feels like watching somebody u se a Stradivarius to pound nails. We are the Few, the Proud, the More or Less Constantly Appalled at Everyone Else.(David Foster Wallace, Consider the Lobster and Other Essays. Little, Brown and Company, 2005) As regular visitors to this site may have noticed, we strive to remain on speaking terms with both sides in the Usage Wars. Looking at how language works (description) happens to interest us more than laying down arbitrary laws on how language should be used (prescription). And yet its clear that most readers arrive at About.com Grammar Composition in search of rulings, not linguistic ruminations, and so we do try to be accommodating. But how do you define your interest in language? Are you a fan of Lynne Trusss Eats, Shoots Leaves: The Zero Tolerance Approach to Punctuation (2004), or do you feel more at home with David Crystals The Fight for English: How Language Pundits Ate, Shot, and Left (2007)? Are you inclined to fuss at a child who uses aint, or are you more interested in finding out that until the 19th century in both England and America aint was an acceptable usage? In short, do you consider yourself a SNOOT?
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