Noahs Ark Education Plan Essay Example | Topics and Well Written Essays - 3000 words

Noahs Ark Education Plan - Essay Example Noah’s Ark is one of the most-loved bible stories of children. The story is rich in concepts and values. Children get to learn about different animals, family members, transportation, weather, and obedience. It is laden with actions, colors and sounds that children can re-enact and enjoy. In doing activities related to the story, children retain the concepts and skills learned better. The activities planned for this curriculum are balanced with quiet listening and perceiving and active participation. Activities are both educational and enjoyable – a perfect mix for a developmentally-appropriate curriculum for very young children. †¢ Watching the video of Noah’s Ark. This wonderful book introduces the children to a variety of creative dramatics ideas on the story of Noah’s Ark. The characters in the story are likewise little children who improvise on props (ex. Use a big box for the â€Å"ark†; sprinkling cut-out papers to symbolize the rain; using stuffed animals for the role of animals in the ark)

Archaeology Topic Assignment Example | Topics and Well Written Essays - 250 words

Archaeology Topic - Assignment Example Developing material culture and brand concepts of culture that are inseparable from the communities is essential. Culture heritage belongs to people, therefore ensuring cultural heritage is a necessity at all cost (Fiol 191). Heritage duration is important to the local people. Duration is long-term preservation of heritage assets and provision of their access in different forms. The fragile heritage assets need to be preserved in an environment that protects them. Large museums offer such conservators for the fragile assets. Museums give culture heritage long life through preserving artifacts or through recreating a historical place that can be experienced by people. There are different forms of protecting buildings and structures that hold cultural heritage. Heritage management for buildings requires continued use of the building. Intangible cultural heritage also needs to be managed through being re-interpreted by people of the specific cultural regions. Management of intangible cultural heritage is not easy but it is still manageable. Cultural resources are all very important and they need constant maintenance (Fiol

Development of Logistics Industry in China

Development of Logistics Industry in China Chapter 1 Introduction 1.1 Background With the expansion of the globalization and the rapid development of the Information Technology (IT), the logistics industry has become one of the most important industries in the 21st century. The scope and role of logistics have changed dramatically over recent years. In the past, logistics played a supportive role to primary activities such as marketing and manufacturing. Now logistics has expanded from its traditional aspects: transportation and warehousing to purchasing, distribution, storage management, packaging, manufacturing and customer service. More importantly, the role of logistics has changed from cost absorbing to an important of competitive advantage for logistics companies. Modern theory of logistics in China was introduced in 1980s. Since its economic reformed and opened up in 1978, Chinas economy keeps booming, with a growth rate of nearly 10% in annual GDP which has become a global manufacturing centre. (Appendix 1) After China joined the World Trade Organization (WTO) in 2001, foreign companies were allowed to invest in China at the beginning but only in form of joint ventures that Chinese partner took up the majority. At the end of 2005, this restriction was completely phased out. At present, state-owned, private, and foreign logistics companies are all equally allowed to entry and compete in logistics industry in China. Chinas logistic industry has been experiencing fast growth because of sustainable economic growth. The logistics industry reported an annual growth rate of 31% in 1999, 35% in 2000, and 55% in 2001, and was expected to continue to expand rapidly in the future. (LI FUNG RESEARCH CENTRE, 2008) According to Exhibit 1, the average annual growth rate of the logistics industry in China was 22.2%, added value has reached to RMB 1.4 trillion in 2006 up 13.9% over 2005; and in 2007, the added value even reached to near 1.7 trillion up 20% over 2006. It is expected that Chinas logistics market value will continue to maintain an annual growth of 20% in 2010. Exhibit1: Total volume and growth of Chinas logistics industry 1.2 Total logistics market size The GDP of China was above RMB 10 trillion in 2002 that achieved a real growth of 8%. In the 10th Five-year Plan, China government is forecasting an average growth rate 7% per year from 2002-2007. According to the forecasts by State Development Planning Commission (SDPC), the GDP will be quadruple, about US$4.3 Trillion by 2020. In a detailed survey by the China Federation of Logistics and Purchasing (CFLP), the total logistics market was estimated at RMB1, 788 billion, 20% of the GDP in 2000. In 2002, it was estimated that the total logistics market of China were about RMB 2 trillion. According to HK Trade Development Council, leading logistics companies in China such as UPS, FedEx and DHL-Sinotrans have all recorded annual growths in over 30% on operations in China and there are more outsourcing contributes to the growth of professional logistics companies. 1.3 Players in the China Logistics Market Chinas logistics market is fragmented. Government registration shows there are about 700,000 logistics companies in China and many of them are small, poorly managed with fundamental infrastructure and technology. (Alan Dixon, 2008) Those of the players are lack of nationwide competences and customer target is narrow which mainly focus on simple transportation and warehousing activities. Competition is intense, especially in the low-end market. Traditionally, Chinas logistics market is dominated by the state-owned enterprises (SOEs) which provide 90% of the logistics services in China. 1.3.1 State-Owned Players There are many state-owned players in China logistics market. Before China joined WTO, Chinas logistics industry was a monopoly industry which could only be managed by state-owned enterprises (SOEs), mostly for transpiration and warehousing. The characteristics of the SOEs are small-scale local enterprises, slow product renovation, poor management, production plans following from various government agencies. Because of government investment and monopolistic operation, these enterprises obtained large assets and became relatively large-scale business organizations. Relying on their sufficiency capital and existing market share, these enterprises became leaders in China logistics industry at that time. The following is a list of SOEs that ranked top 5 in 2008 in China logistics industry: China Ocean Shipping (Group) Company (COSCO); China Railway Express Company Limited (CREC); China Post Logistics Company Limited (CPLC); China Railway Container Transport Company Limited (CRCTC). COSCO Logistics COSCO Logistics is a branch of China Ocean Shipping Company (COSCO) which was established in 2002. Because of the existing market share and advantaged infrastructure, it ranked number 1 in China logistics companies from 2002 to 2008. (Cen, 2005) COSCO Logistics has 300 logistics facilities, covering 90% of the China market and the competitive advantage is shipping transport. 1.3.2 Private Players Since the mid-1990s, Chinas private domestic logistics firms started to develop themselves such as St-Anda, PGL, China Overseas logistics and so on. The private logistics companies are in medium-size which keeps the rapid growth in the market because of achieving in efficiency and effectiveness and they are more focused on geographies, service and customers. But they are lack of sufficient financial supporting for market expansion and ineffective management to support high growth and profitability. (Fu. and Gwi, 2004) EAS International Transportation Ltd (Shanghai). This company was established in 1985. In the past twenty years, EAS has acquired tremendous achievement in building the unique operation platform to develop modern logistics business according to the demand of customers. 1.3.3 International Logistics Players (ILCs) Although the domestic companies dominate the general China logistics market, ILCs are also playing a very important role and their market shares are increasing rapidly. The most famous international logistics players in China are: DHL, TNT, UPS, FedEx and so on. DHL DHL entered China in 1981 and in 1986 it used joint venture with Sinotrans, one of the biggest SOEs in China logistics industry. DHL-Sinotrans has the biggest market shares in courier service. In the past twenty years, DHL has invested about $273 million in China. (Cen, 2005) Nowadays, many foreign logistics organizations have built good relationship with Chinese logistics companies by using joint ventures. Foreign companies have competitive advantage in technology and management, when they are integrated with experiences and existing service network of Chinese firms that they could be brought into full play. Therefore, Chinese logistics companies usually face Merge and acquisition (MA) risk. Many inland Chinese cities offer lots of commercial opportunities to foreign logistics companies but it need time for foreign companies to fully penetrate into the Chinese market. 1.3.4 Third Party Logistics companies (TPLs) Third Party Logistics companies (TPL) is a new concept for most of the Chinese companies. A TPL company normally provides process-base services rather than a function-base logistics service, which generally toward to the integration and fully control of a part or whole process of customers logistics network. (Fu. and Gwi, 2004) Because small or middle sized companies may not always achieve economics of scale in operating, which is even one of the advantages for third-party logistics companies. But due to the fundamental infrastructure of China logistics industry and developing technology, the TPLs are still need time to further improve the internal management in order to be expert in handling business. 1.4 Major modes of Transport in China After enter 21st century, the construction of transport infrastructure keeps rapidly increasing in China. 1.4.1 Ports Since China government opened ports to foreign investment companies in 2002, Chinese port facilities had taken huge steps that tremendous increased the capacity. In 2003, the total investment in Chinese port construction was US$2.2 billion, and in 2004, the Ministry of Communication has reported this figure was to reach nearly US$4.3 billion. Currently, Chinas coastal cities such as Dalian, Tianjin, Qingdao, Shanghai, Guangzhou and Shenzhen, which dominant regional logistics centres are completed new berths building. (Exhibit 2) In Shanghai for example, in 2003 the container throughput are 11.28 million Twenty-Foot Equivalent Units (TEUs) that is expected to increase to 14.5million TEUs in 2004 and in 2005, the TEUs of capacity has expanded 2M more. (Richard Brubaker ¼Ã…’2005) Although such huge investment and abroad expansion, Chinese ports need to keep up with the increasing demand by use foreign terminal operators more. Exhibit 2: Logistics hubs in China. Source: Beijing Readies Logistics Stimulus, 2008 1.4.2 Road China government heavy invests on China transport infrastructure, so the road transport becomes the prior choice for inland distribution. During the Five-year Plan from 2001 to 2005, transport infrastructure has been built significantly including 250,000 kilometers of highways and 24,700 kilometers of expressways. (Fu. and Gwi., 2004) By the end of 2006, the total length Chinese highway has reached 3,457,000 kilometers and 77,000 kilometers of railways. 1.4.3 Rail Compare with China road and port infrastructure, Chinas railway infrastructure has received relatively low levels of investment. The Ministry of Railways plans to increase Chinas existing rail network from 72,000 km to 100,000 km by 2020. (Woosir, 2009) Use of the Chinese rail system increased 6% year on year from 2003 to 2004, the modest increase is because the weak demand of rail transportation. There are many problems cause the weak demand for logistics companies, such as poor handling practices, delays, unpredictable delivery times, theft and a general lack of infrastructure. However, despite these issues exist, the heavy subsidization still makes Chinas railway become the cheapest transportation compare with shippers. 1.4.4 Inland Waterways The most significant Infrastructure on inland waterways is the Yangtze River, which increased 8% from 2003 to 2004. (Richard Brubaker ¼Ã…’2005) Yangtze River can handle ships up to 6000 tonnes totally, however, the capacity of canals and low bridges are relative in low level because of the dry season in China. There are many waterway projects such as Gorges Dam which can serve to extent dry seasons and keep water levels low. 1.4.5 Air freight Chinas airfreight sector is developed rapidly which has become the second-large domestics airfreight market in the world. According to Boeings World Air Cargo Forecast, the market has grown at more than 20 percent annually since 1991. (Richard Brubaker ¼Ã…’2005) The airports are fast developed by three economic zones: the Yangtze River Delta (YRD), the Pearl River Delta (PRD), and the capital city of Beijing. Moreover, the agreement between China mainland and Hong Kong gives Hong Kong airlines greater opportunities that access to the mainland. But the China airfreight is limited by insufficient infrastructure. In the coastal cities, the airfreights are more developed than that in inland cities. 1.5 Statement of the Problems Since China jointed WTO, the logistics industry developed rapidly. But there are lots of problems during the development; here the researcher mainly focuses on cost, productivity and expansion of China logistics industry. 1.5.1 High Cost Since China became one of the members in WTO, China logistics industry developed rapidly which kept high growth among all the industries. But the most important factor that slow down the development of China logistics industry is the high logistics cost. Chinas logistics expenditures took up 20% of the GDP in 2000 whereas logistics spending accounted for 10.3% of United Statess GDP, 14% of Japans GDP, and 10% to 13% of European Unions GGP. (Exhibit 3) The annual growth rate of total logistics expenditures is 10.29% in 2002, 12.99% in 2003, 16.76% in 2004 and 12.86% in 2005. (Song H. and Wang L., 2004) Statistics published by China Federation of Logistics and Purchasing shows that Chinas total logistics expenses reached RMB3.8414 trillion in 2006, up 13.5% year on year at current price, a growth 0.6 percentage points higher than in 2005. The rate of total logistics expense of GDP was 18.3%, 0.2 percentage points lower than in 2005. In 2007, the total logistics cost increased by 18.2% to 4540.6 billion yuan compare with 2006. Exhibit 3: Cost of moving and storing goods (as share of GDP). The total logistics cost in China generally includes three cost components: transportation, inventory storage and management cost. In 2004, the total cost amounted to US$ 352 billion, grew by 16.6% compare with 2005. Of this total, transportation cost took up the largest portion which accounted US$ 200 billion and had the highest growth rate which was 56.9% of total. On the other hand, inventory storage and management cost were US$ 102 billion and US$ 49 billion, accounting for 29.1% and 14% of the total logistics cost respectively (Exhibit 4). Exhibit 4: Total logistics cost and its composition, 2003-2007. Source: CFLP, 2007 Adding the costs of packing, transport, storage and damage cost, the ratio of total logistics costs to total industry production ranges from 40% to 60% in China logistics industry, whereas in the United States this percentage is close to 20% (Zhang Z.Y. and Andres M.F., 2006). So general speaking, the transportation costs in China logistics industry are twice as expensive as in developed countries such as US. Japan and European countries. 1.5.2 Low in productivity The ratio of total logistics cost to GDP represents the efficiency of logistics operation in the economy which means the productivity of logistics industry. It is also used as an indicator to the level of development in logistics industry. In general, the higher the percentage, the less efficient is the logistics industry. Exhibit 5 shows the total logistics cost as a percentage of GDP in the 10th Five-year Plan period (2000-2005) in China. Although the total logistics cost as a percentage of GDP has a downward trend that decreased from 19.4% in 2000 to 18.57% in 2005 and the total cost savings in the 10th Five-year Plan period are 109 billion RMB; according to exhibit 3, the logistics cost are higher than that in US, Japan and developed countries which means China logistics industry is still in high inefficiency. As predicted by the CFLP, the ratio of total logistics cost in China to GDP will continue higher which resulting inefficiency of modern logistics industry. CFLP predicted t hat total logistics costs during the 11th Five-year Program period (2006-2010) will grow at 10% annually, 2% higher than that of the 10th Five-year Plan period. It also forecasted that the total logistics cost will reach 5,400 billion RMB in 2010, the ratio of total logistics cost to GDP at around 16.8% and cost savings yield during the period will be around 435 billion RMB. (Ling Feng research centre, 2006) Exhibit 5: Total logistics cost as a percentage of GDP, 2000-2005. 1.5.3 Slowly expansion/outsourcing One of the most significant drivers of growth in the global logistics industry is the trend of mergers and acquisitions. Although many big China logistics companies have established overseas offices from the 1980s and 1990s to support their international transportation, their businesses are heavily depend on agents which means the Chinas global logistics network is still weak. For example, Sinotrans has business in nearly 200 countries, but there are only 40 overseas offices and most of the international businesses are done by the agents. In this situation, the expansion for China logistics industry is very slow. So, the global market share of China logistics industry is still relative low. As Contrill claimed, â€Å"dont expect a wave of Chinese 3PLs to land on Western shores soon. The pace of change in China is slow by Western standards and there is much to do in the home market†. (Cen Xuepin, 2005) 1.6 Research objective The objective of this research is twofold. To understand the development of China logistics industry in the last decade. To investigate the factors affecting the development of China logistics industry and recommend the solutions to improve on the problems to further develop logistics industry in China. On meeting the two objectives, this paper will develop a framework to address the factors that affect the development of China logistics industry. 1.7 Research questions Three questions will be discussed in this article: 1: Review the development of logistics industry in China in last decade? 2: What are the factors that affect the development of China logistics industry? 3: How to solve the current problems to further improve logistics industry in China? 1.8 Significance of study In this article, the author introduces the development of China logistics industry in last decade. Also, this paper will contribute by indicating and analyzing some of the problems that affect development of China logistics industry according to questionnaires and interview by managers in logistics companies in China. The theoretical framework is based on an extensive review of the hypothesis in literature review (Chapter 2) to ensure the main factors that affect development of China logistics industry. After that, the searcher will give readers recommendations that solve the problems in China logistics industry. 1.9 Limitations of the research Because of time restriction (from September to November, 2009), this thesis will be finished within 3 months, the research will cover the detail of logistics management (Transportation, Warehousing and IT supporting) as specific as possible. Because of the location of sampling in Shanghai, China, the researcher has to come to China but only around 1month, so it is time limited to the questionnaire distributing and receiving which may cause low response rate. There are many problems that influence the development of logistics industry in China; in this paper, the author only focus the above 5 main problems. Because some logistics companies are not public listed companies, it is difficult to find the data from the current annual reports released by these companies, so the researcher may analyze data in these companies using the previous annual report. (Eg: Annual Report of company A in 2006 or 2007) Some of the questions in questionnaires are directly related to the internal strategy of company management, so managers may do not want to answer which will cause the low response rate also. 1.10 Chapter Outline Chapter one Introduction: This provides the readers with background information of the study which creates a pictorial flow of the main research, research objectives, background of study, problems and significance as well as the limitations faced by the researcher are clearly stated in this chapter. Chapter two Literature review: This chapter explores relevant literature; it basically dealt with pertinent literature on problems of current China logistics industry with discussions on related research variables such as government policy and regulations, transportation cost, warehousing and storage, IT supporting and infrastructure. Also, 3 indicators to development of China logistics industry are given to be as dependent variable when analyzing the correlation with independent variables. Chapter three Methodology and Data collection: This chapter describes the research design used to conduct this research. This chapter will further disclose the ways used in analyzing data collected, limitations of the methods used and how the data are collected. This section concludes with discussions of the data gathering techniques and the data analysis procedures that are used to answer the hypotheses and research questions to readers. Also, theoretical framework is given to show the relationship between independent variables and dependent variables. Chapter four Results and discussions: This chapter outlines results of data analysis, provides discussion of research findings and builds bridges between objectives, findings and relevant literature. The result section summarizes the analysis of the data and present findings of the study with respect to the hypothesis and research questions, while the discussion section reviews the findings of the study in the context of the theoretical framework of the study. Chapter five Conclusions and recommendations are provided in this chapter together with discussions on the future of the study. This chapter concludes the research and documents the implications of the study with recommendations for future research. Chapter 2 Literature Review 2.1 Definition of logistics â€Å"Logistic† is the process of planning, implementing, and controlling the flow and storage of goods, services using related information from their point of origin to point of destination for the purpose of fulfilling customer requirements in efficient and effective way. (Raymond F. B. and Wm. B. M. Jr, pp: 45-55, 2004). Luo Wenping and Christopher Findlay (2002) said that the provision of logistics services requires inputs from a number of service providers; including the providers of transport and warehousing as well as other value-adding activities. Basically, logistic is business flow that connects packaging, distribution, storage and warehousing integrated Information Technology (IT) to transfer goods and service to the end users to satisfy their requirements. The concept of logistics has undergone many significant changes. Luo Wenping and Christopher Findlay, (2002) divided the development of logistics into three stages: Stage 1: Physical distribution or outbound logistics system (during 1960s and 1970s). Organizations attempted to systemically manage a set of interrelated activities including transportation, distribution, warehousing, finished goods, inventory levels, packaging, and materials handling to delivery finished goods to customers in efficient way. Stage 2: Integrated logistics management (during the 1970s and 1980s). Firms began to recognize the additional opportunities for savings by combining the inbound side (materials management) with the outbound side (physical distribution). Initially, this provided potential savings by having a single transportation manager who could coordinate inbound and outbound transportation. Companies also become aware of the opportunities to view the whole process, from raw materials to work-in-process inventory to finished goods, as well as managing the whole process from a systems perspective which could lead to more efficient operation. Stage 3: Supply Chain Management (from 1980s to 1990s). Logistics management is one of the parts of Supply Chain Management (SCM) that companies expanded their purpose on the logistics processes to include all the firms involved, making use of partnerships/alliances between manufacturing companies and their suppliers/vendors, customers (channels of distribution), and other related logistics parties such as transportation and public warehousing companies. 2.2 Third Party Logistics (TPLs) Third party logistics and related concepts are most often developed by researchers or consultants in collaboration with businesses demanding or offering third party services. Thus, the definitions reflect the phase of third party cooperation (Tage Skjoett-Larsen, 2000). Alessandra Marasco, (2008) used the following definition: â€Å"Third-party logistics involves the use of external companies to perform logistics functions that have traditionally been performed within an organization. The functions performed by the third party can encompass the entire logistics process or selected activities within that process†. According to this definition, third party logistics includes any form of externalization of logistics activities previously performed â€Å"in-house†. Through interviews with a number of North European third party service providers, Prabir K, B. and Helge V. (1996) have pointed out the following definition: â€Å"A logistics alliance indicates a close and long-term relationship between a customer and a provider encompassing the delivery of a wide array of logistics needs. In a logistics alliance, the parties ideally consider each other as partners. They collaborate in understanding and defining the customers logistics needs. Both partners participate in designing and developing logistics solutions and measuring performance. The goal of the relationship is to develop a win-win arrangement†. This definition emphasizes the strategic dimension of the concept and presupposes that several characteristics are fulfilled before the relationship between buyer and seller of logistics functions can be characterized as TPL. These characteristics include certain duration, joint efforts to develop further cooperation, a customerization of the solution, together with a fair sharing of benefits and risks. 2.3 Measurement the development of logistics industry Logistics has dramatically evolved from a supportive role characterized as passive and cost absorbing, to a primary role and critical factor in competitive advantage (Fu Chinchin and Gwi Ok Kim, 2004). Companies experiencing growing pressure to reduce costs and provide better service can improve their logistics by outsourcing to third-party logistics (3PL) firms, an option that can improve both efficiency and effectiveness, so logistics outsourcing has become a rapidly expanding source of competitive advantage and logistics cost savings. 2.3.1 Productivity Alan Stainer (1997) believe that, in measuring logistics performance, a comprehensive strategy of measurement is necessary for the successful planning, realization and control of the different activities which comprise the business logistics function. He also pointed out that, there should be a family of measures. This is a balanced collection of four to six performance measures, usually including productivity, quality and customer satisfaction, which together furnish an all-inclusive view of results but, individually, also provide a diagnostic value. Within this performance scenario, productivity can be seen as a measurement of resource utilization, including the time element. Alberto G. Canen and Ana Canen, (2002, number: 2.pp: 73-85) points out, the productivity philosophy and its improvement has been a high priority, in the first instance, in manufacturing, then in marketing, and later in physical distribution and materials management. Thus, the time is now ripe to focus on the whole logistics process. The term productivity is often ill-defined but, basically, its measurement is that of a prescribed output to the resources consumed. It can be divided into three main types: Partial measures being a ratio relating output to a single input, such as labour, materials or capital. Total factor or value-added productivity being based on sales less bought-in goods, materials and services. Total productivity measures being a ratio of total output to total input. There is a clear link between productivity and performance improvement, as purported by Lynch and Cross (1995, pp. 63-91). They show performance as a pyramid which is filtered down from the corporate vision, with market and financial measures as the main resultants, supported by customer satisfaction, flexibility and productivity as core business processes. Despite this emphasis on performance, previous research by the author (Stainer and Stainer, 1995), based on a survey of both manufacturing and service industries in the UK, France and Germany, suggests that the implementation of formal productivity programmes is still marginally behind that of the US a decade ago. Further analysis of the survey divulges the use of these three productivity measures for all respondents, as well as for those respondents employing productivity measures in the field of logistics. 2.3.2 Cost The total Logistics cost as a percentage of GDP has widely been used as an indicator of the development level of the Logistics industry in many developed countries. In general, the higher the percentage, the less efficient is the Logistics industry, which means the cost affect the development of logistics industry. The costs associated with logistics activities normally consist of the following components: transportation, warehousing, order processing/customer service, administration, and inventory holding (e.g. Lambert et al., 1998; Saccomano, 1999). Not surprisingly, total logistics costs often represent a large portion of total supply chain costs, especially when the supply chain is extended to the global market. As more organizations are outsourcing their products or services to global suppliers, it becomes increasingly critical to understand and evaluate the various logistics cost components in order to assure the profit margin. 2.3.3 Expansion /outsourcing Elliot Rabinovich, Robert Windle and Martin Dresner, (1999) said that: the outsourcing of logistics functions to partners, known as â€Å"third-party logistics providers†, has increasingly become a powerful alternative to the traditional, vertically-integrated firm in logistics industry. A growth in the number of outsourcing partnerships has contributed to the development of more flexible organizations, based on core competencies and mutually beneficial longer-term relationships. Overall, some 60 per cent of Fortune 500 companies report having at least one contract with a third-party logistics provider. Such buyouts and mergers enable logistics players to build up their infrastructure and service scale, both of which are critical to remaining competitive. By merging their operations and collaborating on technology, complementary services partners can also scale up their logistics capability without having to invest heavily in infrastructure. The result is lower cycle-time, streamlined business processes and lower manpower costs, which in turn boosts companies productivity and profitability. The development of logistics outsourcing broadly defined in this paper as long and short-term contracts or alliances between manufacturing and service firms and third-party logistics providers has been largely based on the needs that companies have to obtain cost savings and to concentrate on their core competencies. They also indicated that, the market and firm characteristics influence the decision to contract multiple combinations of third-party logistics services. These services range from single transportation activities to integrated warehousing, distribution, and information management activities. Also several authors have indicated that across many industries logistics outsourcing has become a rapidly expanding source of competitive advantage and logistics cost savings in logistics industry. For example, Elliot Rabinovich, etl (1999) reported that some firms routinely have achieved up to 30 per cent to 40 per cent reductions in logistics costs and have been able to greatly streamline global logistics processes as a consequence of outsourcing. Other studies, however, have indicated that some logistics outsourcing arrangements are not successful. These

Sociology and Disabilities :: Sociology Essays

â€Å"If the technology became available for the deaf to hear completely, would you want your deaf child to have this technology?† It is every parent’s dream for their child to grow up healthy and happy. There are so many children in the world that do not have the ability to hear, and it is a horrible thing. Many would think it wrong for a parent to not want to give their child the gift of sight. If I had a child that was deaf, I would do everything in my power to help them get their hearing. If the technology was there to fix this disability, why wouldn’t anyone want their child to have it? â€Å"840 babies are born with a permanent hearing loss every year.†(NDCS of UK). This is a horrible number to hear, that so many children will never be able to hear. If there was any technology able to restore a child’s hearing it would be a shame if the parents didn’t get it. â€Å"Deaf children face tremendous difficulties learning to read, write and communicate with the hearing world around them.†(NDCS of UK). Not only would you be giving your child the gift of hearing by using this technology, but you will also help child to be able learn on the normal level of other children.   Ã‚  Ã‚  Ã‚  Ã‚  It is also true that we can change and enhance our body features through elective cosmetic surgeries. Many people choose to undergo these surgeries because they are unhappy with their appearance. I feel that these procedures are unnecessary, and that you shouldn’t undergo surgery unless you need it for your health. I believe that people go through these procedures purely because they have low self-esteem. Society tells them that there is something wrong with their body, and they feel that they need to change it to fit in. I think that this is a way to see if someone is truly happy with themselves, as we all should. No one is perfect, so no one should try to be it. It’s just a waste of time and money on their part all so they can fit in, which I think is pathetic. It is always a risk to undergo surgery, and there is no reason to put yourself in unnecessary risk. I think that it is ridiculous to put yourself through something like that. If I had a ten year old dark-skinned African American daughter who wanted blue contact lens, have her skin chemically lightened, and straighten her hair, I definitely say no.

A Socio-Demographic Characteristics

INTRODUCTION Demography is the scientific study of characteristics and dynamics pertaining to the human population. It is expanded to include education, income, the structure of the family unit, housing, race or ethnicity, and religion. The characteristics encompassed by this study include size, growth rate, density, vital statistics, and distribution of a specified population. People who study and record this information are referred to as demographers. Demographers must know both how to scientifically obtain information and how to interpret it relatively. Demography is widely used for various purposes and can encompass small, targeted populations or mass populations. Governments use demography for political observations, scientists use demography for research purposes, and businesses use demography for the purpose of advertising. In real estate, demography is employed to give clients an overview of specific neighborhoods. Statistical concepts essential to demography include birth and death rate, infant mortality rate, fertility rate, and life expectancy. These concepts can be further broken down into more specific data, such as the ratio of men to women and the life expectancy of each gender. A census helps provide much of this information, in addition to vital statistic records. In some studies, the demography of an area is expanded to include education, income, the structure of the family unit, housing, race or ethnicity, and religion. The information gathered and studied for a demographic overview of a population depends on the party utilizing the information. Advertising relies heavily on demography, since service and goods providers need specific information to reach the maximum number of potential customers in their target audience. Similarly, education relies on demography to help gather information to provide necessary governmental and local assistance. An example of large-scale demography is the collection of demographic information for an entire country. Such information might be used to determine a need for world assistance due to famine, disease, or other serious issues. Demography is an interesting science used to create statistics. Sociology, which is the study of society and social behavior, is an example of an independent area of study in which demography is frequently used. Economics is also a specific area of study employing the science of emography. Anyone can review basic information about the demography of the United States by reviewing the most recent US census. Moreover, this survey is important to know the Socio-demographic Characteristics of the Stakeholders of First Year Level in Caridad National High School. Objective of the study With our study getting on surveying the Socio-demographic Cha racteristics of the Stakeholders of First Year Level in Caridad National High School. School Year 2011-2012. This study is geared towards the attainment the following factors: a. Age is a period of human life. It is measured by years from birth, usually marked by a certain stage or degree of mental or physical development and involving legal responsibility and capacity. b. Gender is the sum of the structural and functional differences by which  the male and female are distinguished. c. Educational attainment is terms refer to the highest level of education that an individual has completed. d. Relationship of the students refers to the connection or association to the respondents whether the students is their son, daughter, relative and sister. e. Marital status the condition of being married or unmarried or single. . Occupation is a person's usual or principal work or business, especially as a means of earning a living. g. Monthly income is a convertible and callable (usually after a call protection period) shares that pay a fixed monthly dividend. Scope and Limitation of the study The following factors were studied: age; gender; marital status; relationshi p of the students; educational attainment; occupation and monthly income of the respondents. METHODOLOGY A. Locale and Time of the study This survey was conducted and worked on January 7-8, 2012 in Caridad and Hilapnitan Baybay City Leyte. B. Population Stakeholders in the covered area by this survey or the respondents are stakeholders in First Year Level at Caridad National High School. C. Instrumentation The main instrument that we are using in this research was the questioner and secondary data as well. The questions include the following factors: age; gender; marital status; relationship of the students; educational attainment; occupation and monthly income of the respondents. D. Procedure in Gathering Data The researchers in gathering the data made a procedure by this way: a. First, is making and creating some questions about the biography and aspects of the respondents. . Second, is going to their respective houses to conduct direct one-on-one interview. While asking and questioning there must be a picture for evidence. c. Lastly, after accomplishing and completing the data, tabulated result is made as well as the chart. E. Data Analysis Using simple analysis, the data were consolidated and compiled according to age, gender, m arital status, relationship of the students, educational attainment, occupation and monthly income of the respondents. It is presented in tables and different kinds of graph or charts. Result and Discussion A. Age Distribution Age distribution,  also called Age Composition,  in population studies, the proportionate numbers of persons in successive age categories in a given population. Age distributions differ among countries mainly because of differences in the levels and trends of fertility. a period of human life, measured by years from birth, usually marked by a certain stage or degree of mental or physical development and involving legal responsibility and capacity. As you can see in the table or graph below, the age 41-45 has the highest number of age which is 25% or 33 respondents in all both male and female. And that was closely followed with 23% or 30 numbers of respondents who belongs of the age of 46-50. But there are equal in frequency as well as the percentage which is 20 or 15% and the age of that are 26-35 and 55-61 years old. While the lowest percentage of 2 which is 22-25 years old. Table 1: Frequency distribution by age of the respondents. Age| Frequency| Cumulative Frequency| Percentage (%)| 22-25| 2| 130| 2| 26-35| 20| 128| 15| 36-40| 25| 108| 19| 41-45| 33| 83| 25| 46-50| 30| 50| 23| 55-61| 20| 20| 15| Figure 1: Chart of age distribution of the respondents B. Gender Distribution Gender is a sexual identity, especially in relation to society or culture. Gender refers to the socially constructed roles, behavior, activities and attributes that a particular society considers appropriate for men and women. The table below contains the division of the male and female stakeholders in first year level. In our result, there are 69 numbers of respondents who are female and there percentage is 53%. For the stakeholders of a male there are only 61 and 47 percent. And so, it means that there are many stakeholders in first year level at Caridad National High School. Table 2: Frequency distribution by gender of the respondents. Gender| Frequency| Cumulative Frequency| Percentage (%)| Male| 61| 130| 47| Female| 69| 69| 53| Figure 2: Chart of gender distribution of the respondents C. Marital status Marital status is the condition of being married or unmarried. Marital status studied in combination with other factors also reveals a marriage gap. A person's marital status indicates whether the person is married. Based on the result of the data regarding about their marital status, stakeholders who are married has 89% or 116 numbers of respondents and the unmarried parents are only 4. And a single mother or father is 10 only. Therefore, married stakeholders get the highest number in terms of marital status. Table 3: Frequency distribution by marital status of the respondents Marital Status| Frequency| Cumulative Frequency| Percentage (%)| Married| 116| 130| 89| Unmarried| 4| 14| 3| Single| 10| 10| 8| Figure 3: Chart of marital status of the respondents D. Relationship of the students A relationship is normally viewed as a connection between two individuals, such as a romantic or intimate relationship, or a parent–child relationship. Individuals can also have relationships with groups of people, such as the relation between a pastor and his congregation, an uncle and a family, or a mayor and a town. Out of the 130 respondents, 68 or 52% is their daughter and 57 or 44% is their son. And the relative is only 4, whereas their sister is only 1% or 1 number of students. It means that most of the stakeholders are their child is a girl. Table 4: Frequency distribution by relationship of the students to the respondents Relationship| Frequency| Cumulative Frequency| Percentage (%)| Son| 57| 130| 44| Daughter| 68| 73| 52| Relative| 4| 5| 3| Sister| 1| 1| 1| Figure 4: Chart of relationship of the students to the respondents E. Educational Attainment Distribution Educational attainment is a term commonly used by statisticians to refer to the highest degree of education an individual has completed. Educational attainment refers to the highest level of education that an individual has completed. As you can see in the table below, the highest level of educational attainment is high school graduate both male and female and followed by high school undergraduate. And in elementary undergraduate there are only 34 or 36% stakeholders. But in elementary graduate there are only 4 who graduated. In college level 10 of them are college undergraduate and 8 or 6% are college graduate. It means that there are only few stakeholders who graduated in college and also in elementary. Table 5: Frequency distribution by educational attainment with the respondents Educational Attainment| Frequency| Cumulative Frequency| Percentage (%)| Elementary Undergraduate| 34| 130| 26| Elementary Graduate| 4| 96| 3| High School Undergraduate| 35| 92| 27| High School Graduate| 39| 57| 30| College Undergraduate| 10| 18| 8| College Graduate| 8| 8| 6| Figure 5: Chart of educational attainment of the respondents F. Occupation Distribution Occupation an activity that serves as one's regular source of livelihood; a vocation. An activity engaged in especially as a means of passing time; an avocation. A person's usual or principal work or business, especially as a means of earning a living. Based on the result of the data regarding about their occupation there are only few have a serious job and there are many have not. In father’s occupation the highest percentage is 19 or 15% which is the farmer and in mother’s occupation are 50 or 38% who are housekeeper only. It means that there are few who earn a big and high salary a month. Monthly income is connected with occupation of the stakeholders, because salary depend only the occupation of the respondents. Table 6: Frequency distribution by occupation of the father. Occupation of the father| Frequency| Cumulative Frequency| Percentage (%)| Fisherman| 4| 61| 3| Farmer| 19| 57| 15| Housekeeper| 3| 38| 2| Security Guard| 1| 35| 1| Automotive| 2| 34| 2| Baker| 1| 32| 1| Driver| 4| 31| 3| Laborer| 1| 27| 1| Carpenter| 5| 36| 4| Factory worker| 5| 21| 4| Construction| 2| 16| 2| Machinist| 1| 14| 1| Scrap buyer| 1| 13| 1| Maintenance| 1| 12| 1| Caregiver| 1| 11| 1| Mechanic Expeller| 2| 10| 2| Business| 2| 8| 2| Barangay Police| 2| 6| 2| Banana vendor| 1| 4| 1| Barber| 1| 3| 1| Furniture Maker| 1| 2| 1| Welder| 1| 1| 1| Table 6. 1: Frequency distribution by occupation of the mother. Occupation of the mother| Frequency| Cumulative Frequency| Percentage (%)| Housekeeper| 50| 69| 38| Manicurist| 1| 19| 1| Teacher| 2| 18| 2| Barangay Health Workers| 1| 16| 1| Banana Vendor| 2| 15| 2| Cooker| 1| 13| 1| Factory Worker| 3| 12| 2| Laundry Woman| 3| 9| 2| Business| 2| 6| 2| Market Vendor| 1| 4| 1| Babysitter| 1| 3| 1| Maid| 1| 2| 1| Barangay Secretary| 1| 1| 1| Figure 5: Chart of occupation of the father Figure 5. 1: Chart of occupation of the mother G. Monthly income Distribution Monthly income is a solemn binding promise to do, give, or refrain from doing something: signed a pledge never to reveal the secret; a pledge of money to a charity. The table and graph below contains the monthly income of the respondents that is range from 1000-20000 pesos. The table and graph show that 1000-1500 has the highest number of families which is 26 numbers in all and 10000-20000 has the lowest number of families which is 2 percent. It means that many families earn low salary in a month and there are imperceptible families who earn high emolument. And this is because of their occupation. Table 7: Frequency distribution by monthly income with the respondents Monthly income| Frequency| Cumulative Frequency| Percentage (%)| 1000-1500| 26| 70| 20| 2000-2500| 11| 44| 8| 3000-3500| 7| 33| 5| 4000-4500| 5| 26| 4| 5000-5500| 7| 21| 5| 6000-6500| 3| 14| 2| 7000-7500| 4| 11| 3| 000-9000| 2| 7| 2| 10000-20000| 5| 5| 4| Figure 7: Chart of monthly income of the respondents SUMMARY Demography is the scientific study of characteristics and dynamics pertaining to the human population. It is expanded to include education, income, the structure of the family unit, housing, race or ethnicity, and religion. The characteristics encompassed by this study include si ze, growth rate, density, vital statistics, and distribution of a specified population. Based on the interview, stakeholders in First Year Level at Caridad National High School are aging 22-61 years old and the highest percentage is 41-45. In educational attainment, it suggests that most of the stakeholders are high school graduate. For their gender, it explains that there are many stakeholders are male and in marital status, married stakeholders get the highest frequency. For their monthly income, it tells that most of the families have only earned 1000-1500 pesos in a month and this income is not enough for the families need. For the relationship of the students, stakeholders are supporting their son. For the occupation distribution, many stakeholders have no permanent or serious job like farmer for the male and housekeeper for the female. When the occupation of the parents is not permanent, then their monthly income also is not permanent or their salary is low. CONCLUSION Based from the data gathered and after a thorough analysis, it was concluded that 41-45 is the highest age of respondents. In educational attainment high school undergraduate and high school graduate are the highest. For the monthly income, 1000-1500 is the highest percent. And farmer and housekeeper are the highest range for the occupation of the stakeholders RECOMMENDATION Throughout the whole survey, commitment, dedication and hard work are strongly recommended. Without the said words, the research is not possible. Knowing that in a team, a group of people does not necessarily agree and are likes with one another. Problems, obstacles, hindrance, and arguments are always present yet this should not outweigh the commitment, dedication and hard work that are present. Also, effort and time management is very important. Effort and time management should always be present since without it the time allotted for the survey might be put to waste, thus having problems, hindrance and obstacles in the later on. Reference * http://www. wisegeek. com/what-is-demography. tm * http://www. merriam-webster. com/dictionary/demography * http://www. britannica. com/EBchecked/topic/8904/age-distribution * http://www. thefreedictionary. com/marital+status * http://www. census. gov/hhes/socdemo/education/ * http://wiki. answers. com/Q/Occupation_distribution_of_India_in_various_sectors_-_primary_secondary_and_tertiary * http://www. answers. com/topic/demography * L ibres Jocelyn, Castro Arche, Santianez Marjorie, Bandialan Irene, Avila Ritchie, Moreno Jovanie (Socio Demographic Characteristics of students) * Webster’s Universal Dictionary and Thesaurus (2009)

A New Health Care System

Presently, the United States health care system is experiencing plentiful challenges ranging from staff shortage, overcrowding of emergency departments, and high cost of medical care to limited access for the unfortunate in the community.Signs that the system is going to collapse are almost everywhere, from hospitals overflowing with underinsured people to film laboratories unable to establish diagnosis. Currently, the health care is provided through the market with the government playing a restricted role. This has made it almost impossible for all people to have access to basic medical care. Moreover, access to health care is a major issue facing the citizens.Specific barriers to health care include lack of medical cover, the big figure of undocumented residents Although universal health care can ensure increased coverage, many people in   are opposed to increased government participation.Among the developed countries, United States is the only country that spends colossal amount s of money in its health care and fails to provide health care for its citizens. A new health care system that includes increased government participation, provision of health care in schools, ambulatory services and establishment of a charitable assistance can ensure admittance to health care for all.Introduction of Ambulatory ServicesThe new health care system will deal with common problem is overcrowding in hospital emergency departments, a trend which has momentous health implications (Park, 2007).Emergency patient’s rerouted to distant facilities risk increased mortality and morbidity. Overcrowding within the emergency department is linked with poorer results and can lead to prolonged pain and discomfort for patients. There is   need to embrace ambulatory services as means of offering health to the citizens   due to high numbers of people visiting medical facilities. The inclination towards ambulatory care in the widest sense of the word will mean outpatient health c are for which the individual isn’t booked for an overnight stay.These underlying factors will include; the dire need to reduce mounting hospital expenditure; the increased demand for better patient-focused care and the passion for improved admission at the community level. The embracement of ambulatory health care in the city may lead to greater patient contentment.School Based ProgramsMost of the young children will benefit from this novel program. In order to make health care accessible to all residents, the health care will be provided through the schools as well as in health facilities. Schools have the capacity to offer preventive and screening services to a broad range of children who might otherwise not access health care.For most of the young people attending educational institutions, there is a dire need to provide health care including dental services. This will include not only referrals for restorative but also health care preventive health care as well.A connecte d area is education on good dieting to prevent health problems such as dental conditions and to deal with the prevalent problem of obesity and its related health effects among school children. This program will not be disadvantaged by the new system.For adolescents, broadening of health programs will be required to assist students manage substance abuse, family conflict and sexuality. Learning institutions can serve as locales for early diagnosis of health problems and mental conditions; a key issue is relating students to comprehensive care to assist them deal with those problems.Increased Government Involvement.A new health care system that includes increased government involvement will help in addressing current challenges such as hazardous and pointless medical procedures and removal of monetary games between patients, insurers and doctors Park, 2007).In addition, huge amounts of cash would be saved doing away with expensive health care needed when a sick individual fails to obt ain preventive care. Further, establishment of charitable assistance for the underprivileged would be enviable, as many people would agree the current programs such as Medicaid and Medicare are invasive and harmful to the health of the patient (Castro, 1991).According to Castro, Medicare is too bureaucratic and expensive and is depriving young employees in the country (1991). To make health care more affordable, voluntary charitable assistance will be provided to enable the poor to purchase personal medical coverage thus saving them the massive bureaucratic expenses and the unbearable book-keeping requirements as well as legal threats impressed upon physicians and insurers.Challenges to the Proposed SystemThe proposed system that includes increased government participation would create problems because even in difficult days the benefits of increased government participation in health care in U. S are sadly hidden from the general public (Lev, 2009). Instead the negative effects con tinue to triumph in the minds of many policy makers.   Erroneously, most Americans are often ensnared into ideological arguments such as the perception of freedom, opposition to nationalized health care, a fake feeling of autonomy of option and irrational fear of government ineffectiveness in managing such a large system of health care.ConclusionSuch a health care system will not cause problems because when government fully caters for the expenses of medical care, in fact the individuals or employers would be freed from paying private insurance.Further, increased government participation in medical care provision would greatly decrease expenses not only as a result of exercising monopoly authority mainly in the process of purchasing drugs but also for the reason that management overheads linked   with private cover and profit margins will be eliminated. Second, the use of school based health care will guarantee that most of school going children receives screening and preventive health services which may otherwise not have been available to them.ReferencesCastro, J. (1991). Condition: Critical. Time, 38(21), 8-34Lev, S. (2009). Healthy Questions: Private versus Universal Health Care. Retrieved May3, 2009 from http://www.groundreport.com/Politics/Healthy-Questions-Private- versus-Universal-Health.Weinstein, M. et al. (1996). Recommendations of the panel on cost –effectiveness in health and medicine. Economic issues, 276(1), 1253-1258.Park, H. (2007). Broken system: The U.S. has failed at health care. Retrieved June 25,2009 from http://74.125.93.104/search?q=cache:Vj7uCP6pSB8J:www.uga.edu/globis/direc tor/articles/10272007.pdf+why+united+states+has+failed+to+socialized+medicine&cd=5&hl=en&ct=clnk&gl=ke.   

Theory of Homeopathy Abstract Essays

Theory of Homeopathy Abstract Essays Theory of Homeopathy Abstract Paper Theory of Homeopathy Abstract Paper Gibson, S. , MacNeill, A. , Buchanan, W. (1980). Homeopathic Therapy in Rheumatoid Arthritis: Evaluation by Double-Blind Clinical Therapeutic Trial, British Journal of Clinical Pharmacology, 9, 453-459. Jennifer, J. , Jimenez, M. , Gloyd, S. (1994, May). Treatment of Acute Childhood Diarrhea with Homeopathic Medicine: A Randomized Clinical Trial in Nicaragua. Pediatrics,93, (5) 719-25. Khuda-Bukhsh A. R. , Banik, S. (1991). Assessment of Cytogenetic Damage in X-irradiated Mice and its Alteration by Oral Administration of Potentized Homeopathic Drug. Berlin Journal of Research in Homeopathy,1, 254. Kleijnen, J. , Knipschild, P. , Riet, G.. (1991, February 9). Clinical trials of Homeopathy. British Medical Journal, 302, 516(8). Langman M. (1997, October). Homeopathy: Does it really work? Or is it merely a placebo effect? Healthfacts, 22, 3. Reilly, D. T. , Taylor, M. A. , McSharry, C. , Aitchison,T. (1986). Is Homeopathy a Placebo Response? Controlled Trial of Homeopathic Potency, with Pollen in Hayfever as Model. Lancet,2, (8512) 881-886. Websters New World Dictionary. (1982). (2nd ed).. Springfield, MA: G.

The Rise and Fall of Salomon Brothers Essays

The Rise and Fall of Salomon Brothers Essays The Rise and Fall of Salomon Brothers Paper The Rise and Fall of Salomon Brothers Paper Essay Topic: O Brother Where The Rise and Fall of Salomon Brothers Treasury Bond Scandal- 1991 Executive Summary Salomon Brothers was at one time, the largest bulge bracket firm on Wall Street. Although it offered a number of financial services, it had established its name through the legacy of bond trading. Its bond trading department boasted of iconic traders of 1980’s era- John Meriwether and Myron Sholes. Salomon Brothers can be considered as the founder father of mortgaged back securities trading on the Wall Street, an area in which it was a near monopolist for a long time with not much competition from other firms. In 1981, Salomon Brothers which operated as partnership was taken over by Phibro Corporation and became known as Phibro-Salomon. With a lot of ups and downs in its fortune during the late 1980’s and early 1990’s, finally in 1997, it merged with Citigroup and became their Investment Banking arm called Salomon Smith Barney. Finally the existence of the name of â€Å"Salomon† ceased when Citigroup decided to drop the name in 2003 and branded its investment bank and underwriters as Citigroup Global Markets. We chose to work on the topic â€Å"The Rise and Fall of Salomon Brothers† as this topic offers an insight into the development of a particular securities market- the Mortgaged backed securities, the dominance of the market player, the culture of the firm and finally the scandal which served as the turning point of fortunes of ‘once the market leader’ or metaphorically- the final nail in the coffin. Background Salomon Brothers was founded in New York City in 1910 when three brothers-Arthur, Herbert, and Percy Salomon broke away from their father Ferdinands money-brokerage operation and went into business for themselves. The company was primarily a bond trading firm. The private company entered equities in the mid-1960s and between 1962 and 1964, Salomon more than tripled its underwriting business, from $276 million to $873 million. They entered investment banking in the early 1970s and established themselves with Pepsi-ICI merger among others. Since till 1981, the firm operated as a partnership, it had a close-knit culture and partners put the firm’s interest before their own. There were no issues over compensation or credit for work and slowly but surely Salomon was climbing the ladder of being a bulge bracket firm of Wall Street. As Salomon partner Abraham Eller once explained, â€Å". . . what helped make Salomon Brothers was not only the partners, but that the men they hired were hungry. †¦ We weren’t the sons of rich men. † However, in 1981, it was taken over by the Phibro Corporation and became a corporation with the name Phibro-Salomon Inc. until 1986, when Salomon gained control and changed the name of the parent company to Salomon Inc. In 1980’s under the leadership of John Gutfreund, Salomon participated in the leveraged-buyout boom of the 1980s and did deals like Xeroxs acquisition of Crum Foster and was also the adviser by ATT. In 1985, the firm’s peak year, Salomon brought in $760 million in pre-tax profits. In 1987, the company’s capital reached $3. 4 billion. Legislations which fuelled growth The following changes in legislation led to a conducive environment for bond trading and the development of the mortgage backed securities market which in turn impacted the fortunes of Salomon Brothers: * In 1979, the Federal Reserve announced that that the money supply would cease to fluctuate with the business cycle. Bond prices moved inversely with interest rates. Bonds became the means of â€Å"creating wealth rather than merely storing it. † The industry’s revenues rose from $16 billion in 1980 to $51. 8 billion in 1988. * In 1981, Congress passed a tax break which allowed thrifts to sell all their mortgage loans in order to put their money to work for higher returns. Subsequently, the volume of outstanding mortgage loans increased from $700 billion in 1976 to $1. 2 trillion in 1981, and the mortgage market surpassed the combined U. S. stock markets as the largest capital market in the world. The SEC’s Rule 415, enacted in 1982, where corporations were allowed to register in advance all the securities they intended to issue over the next two-year span (â€Å"shelf registrations†) and Salomon Brothers was the industry’s leader. * The protection of the Glass-Steagall Act, which stopped commercial banks to underwrite and distribute most securities ended and the competition intensified. Overall, the beginning o f the 1980’s decade led to an explosive growth in the bond markets and Salomon was ready to jump on the opportunity as it was one of the few Wall Street firms to have a proper mortgage trading department. Culture of the firm In order to understand the culture of the firm, we read the book Liar’s Poker written by Michael Lewis who was a bond salesman in Salomon Brothers and gives an inside account of the culture prevalent in the firm. Bond Traders and Salesmen: The two major classes of people at Salomon were the bond traders and salesmen. More than any other firm on the Wall Street, Salomon was run by bond traders who kept an eye on the market and made most of arbitrage opportunities while the salesmen gave information to the traders about the sentiments in market. The CEO of the company John Gutfreund also started off as a trader and spent his time at a large desk over seeing one end of Salomon’s bond trading room. The trading floor- the 41st floor, which was known as â€Å"Power Central†- was actually the power centre of the firm. He promoted an environment of risk-taking and agility and the Salomon Trading floor had minimal supervision, minimal controls and no position limits. That is, a trader could buy or sell as many bonds as he thought appropriate without asking. With an increase in business, the firm recruited widely. The firm, which had employed 2,000 people in 1982, tripled to 6,000 people by 1987. † Due to excessive focus on generating revenues, one insider put it as, â€Å"competing fiefdoms replaced interconnected businesses. † and â€Å"Making money was mostly what mattered. † Also, the mortgage department which made the maximum money had a culture of its own promoted by Ranieri (head of the department) which alienated it even more. According to Ranieri, â€Å"The reason everything was separate was because no one in the firm would help us. They wanted us to fail. † The Scandal This scandal was unique in itself as it shook the foundation of the sacrosanct $2. trillion government securities market which was considered too big to rig. The conventional wisdom was shaken to a great extent and regulations tightened for all the 40 primary designated dealers of T-bills and government bonds. Orchestration of the fraud: Paul Mozer, Managing Director of Salomon Inc. ’s government securities trading desk, submitted three separate bids for the U. S. Treasury’s $9 billion 5-year treasury note auction on Feb. 21,1991. Each of the bids was for $3. 15 billion, or 35% of the total bond offering, the maximum bid the Treasury would recognize from any individual buyer. Since two of the bids were submitted under the names of outside firms who were Salomon customers, Warburg and Quantum, the Treasury accepted all three bids. The Treasury was unaware that only Mozer’s bid in Salomon’s name was legal. The other two were unauthorized customer bids placed by Mozer trying to get Salomon a larger share of the auction. However, what Mozer did not know was that Warburg had taken part in the auction with a $100mn bid and with combined bid of more than 35% in name of Warburg; Treasury started an investigation which uncovered the plot of Mozer. This scandal led to the firing of Mozer, resignation of the top brass including Gutfreund and a loss of reputation of Salomon Brothers which they never recovered. Aftermath: This scandal shook the confidence of participants in the government securities market and led to investigations by Federal Reserve Bank, the Justice Department and the Securities and Exchange Commission. The Treasury Department re-examined the records of every auction since 1986, a total of more than 200, searching for evidence of collusion with customers to violate the 35% rule. Salomon was fined $290 million as damages but it escaped criminal charges. The Treasury however, banned Salomon from bidding in Government Securities market. After the resignation of John Gutfreund, majority stakeholder Warren Buffet was made the chairman to revamp the organisation. He also convinced the Treasury to lift the ban as it would lead to Salomon towards bankruptcy. The firm became a victim of its own culture and finally the name of Salomon ceased to exist on the Wall Street which it had once dominated. Joining the dots Having done a course on Ethics, analysed case studies of Enron, WorldCom etc, made us realise that the frauds/scandals do not germinate over night; rather they are fruits of greed which is perpetrated by the Top management either directly or indirectly. As mentioned earlier, the culture of Salomon Brothers was such that traders were given a free hand as long as they generated revenues and were never questioned. This led to the audacity of Mozer wherein he submitted false bids not just the time when he was caught but in other auctions as well and had landed in trouble with the Treasury before. Had a proper system of reporting and accountability existed, the previous instances would have been known to top management and the entire scandal could have been averted which tarnished the reputation of the firm. At the same time, we believe, Treasury department should have been more vigilant as market participants i. e the 40 primary dealers could always collude and try to take the maximum out of the pie of the auction. Having a system which was transparent such that the bids could have been monitored by all the participants would have lead to detection of anomaly of bids in much short period of time without any extensive examination. The main learning that we can derive out of this study is twofold- * Promotion of Ethics and fair dealing as a part of corporate culture of the organisation following a top-down approach such that lower level employees get motivated from the conduct of senior levels * No matter who the participant is and the financial market in question, the regulator has to be vigilant at all times and have a stringent set of rules and regulations as well as penalties in place which deters market participants from erring. References: fundinguniverse. com/company-histories/Salomon-Inc-Company-History. html http://en. wikipedia. org/wiki/Salomon_Brothers#Long_Term_Capital_Management time. com/time/magazine/article/0,9171,973726-2,00. html answers. com/topic/salomon-brothers Robert Sobel, Salomon Brothers 1910-85: Advancing to Leadership Michael Lewis, Liar’s Poker Salomon Brothers: â€Å"Apologies are Bullshit†- pdf

Could you be selling yourself short Use the New York, New York Principle.

Could you be selling yourself short Use the New York, New York Principle. I grew up in New York City, intimately familiar with the song New York, New York, written by John Kander and made famous by Frank Sinatra. The lyrics opine, â€Å"If you can make it there, you’ll make it anywhere!† I have lived in many cities, including New Haven, CT, Oakland, CA and now Madison, WI, and I’ve always â€Å"made it†- so I suppose the saying has proven true for me! I never used to think of the implications of the New York, New York principle for other aspects of life, where I am selling myself to others who are evaluating my ability to â€Å"make it† with them. But as a resume writer and student of leadership, I apply this idea all the time. Here are a few places (your resume summary section, bids for leadership positions, and proposals for business) where it’s important to keep the words of Mr. Kander in mind. Resume Summary Section Your resume summary, located at the TOP of your resume, is usually the very first thing that a hiring manager reads about you when you apply for a job. It’s a prime opportunity to highlight a past workplace or project that would clearly qualify you for the position you are now targeting. But many resume summaries describe the candidate as something like this: Results-driven, successful professional with x years of varied experience in widget industry. Proven track of leading cross-functional teams to profitable results. Skilled in multiple technologies and methodologies. What if this same candidate wrote the following summary instead? IT Director with expertise in Quality Assurance (QA) who has managed up to $20M annual budgets at Amazon subsidiary. 15+ years of experience across retail, financial, and health care organizations. Strong partner to company departments, ensuring repeatable, scalable testing solutions. Solutions have saved company up to $2M annually. I don’t know about you, but as soon as I see the number $20M and the word â€Å"Amazon† I think: This guy is someone I’d probably want on my team! If he can make it there, †¦ Plus I learn right away that he is not limited to one industry (this is good if I am a hiring manager at a finance organization, for instance) and that he has saved at least one company $2M. Yep, I think I want this guy! Of course, not everyone has an Amazon or IBM or Coca Cola to put on their resume. If you don’t, you can still be specific about the size and type of organizations you worked for, giving the reader a clear sense of what you’ve done and where you’ve done it. One (perhaps obvious) flaw in the New York, New York principle is that many New Yorkers would probably not make it â€Å"anywhere†; they might, for instance, lose their minds if dropped into a podunk town in North Dakota. But when you’re crafting your resume, I trust you’ve chosen a target where something from your past  does  make you highly qualified for this next position. Don’t make the reader work to figure out what that is. Tell them up front and get their attention! Bids for Leadership Positions On my annual June leadership retreat with the Wright Foundation, leadership roles come up for grabs every day. I was struck by how reluctant people were, in the 30 seconds to 1 minute they were given, to say what they had done in the past that qualified them for the position they wanted. One woman unsuccessfully ran twice for the â€Å"Reflecting† role, which entails overseeing the audio and video quality and presentations at the event; then, on the third try, she included in her speech the small details that she had filled this role on multiple previous trainings, and that she manages audio/visual projects at a high level in her work. She was elected. And she wasn’t the only one who failed to portray herself accurately. Even a long-time leader in the community, who actually stood up and advised people to include their past roles and qualifications in their speeches, did not take his own advice! Like so many others, he painted a vision of what he wanted to accomplish in the role and put forth enthusiastic energy, but didn’t ground his bid in his past experience. He was ultimately elected, though I think that was because people knew more about him than he shared in his talk. I also noticed a lack of New York, New York awareness in the speeches delivered at the annual meeting of my local food coop. One guy stood up and, as I remember, said he had gray hair and therefore was the right person for a board position. He must be very well known by many voting members as someone well-qualified for other reasons, because he was elected. But I did not know him and did not vote for him based on his presentation. I would have advised him not to mess with the New York, New York principle! Proposals for Business A potential client called me this week who had been referred by another client. But just one referral source was not sufficient to convince her that we were the right company to write her husband’s executive-level LinkedIn profile. She wanted to know that we had written profiles for other executives, and she wanted to read them for herself. She figured if we could write for them, we could write for her husband. I sent her samples and she said her husband would contact us shortly. If you’re writing a proposal for new business, consider whom you’ve worked for in the past that will put you in good stead according to the New York, New York principle. And let your potential client know about your successes up front and center. Of course, no matter what you’ve done in the past, you’ll still need to prove yourself worthy of the trust the New York, New York principle has conferred upon you. As the last line of that famous song goes, â€Å"It’s up to you, New York, New York!†

Observation is a crucial element in ensuring successful provision for Essay

Observation is a crucial element in ensuring successful provision for children in the early years setting. Detail the key elements necessary to maximize the eff - Essay Example The causes of many problems, which parents and teachers face (the lowered cognitive activity, infringements in communication, restraint and the heightened shyness, or on the contrary, aggression and hyperactivity of children, etc.), lay in the early childhood. As matter of fact correction of these deformations at preschool and school age represents essential difficulties and demands much greater efforts and expenses, than their timely prevention. High-grade development of a child in the early years setting demands an adequate and qualified psychological and pedagogical support from the professionals possessing corresponding qualification. However, nowadays there is a certain deficiency of such experts (psychologists and teachers) able to work with small children. Today a great attention is paid to a principle of the account of individuality of each child. This principle predetermines the corresponding approach to education, especially in the age of from 3 till 7 years. At first sight, all children of the same age seem similar to each other, but at detailed observation over each of them, we are able to consider born or got particular features or deviations in their development. Some of them may and should be corrected and, on the contrary, observers should provide the best development to positive qualities of a child. Not all adults working with children are involved in formal observation of the children. However, â€Å"all are observing and making judgments on a daily basis. Structured, purposeful observation is a vital tool for the educator. Through observation we can not only monitor young children and their learning, but we can monitor our own actions and reactions to situations† (Sutherland, 2005, p. 22). Observation is one of the most widespread and accessible method of studying of children in early years setting development. Scientific observation is understood as a specially organized perception of

The effects of caffeine on sprint performance times in cyclists Literature review

The effects of caffeine on sprint performance times in cyclists - Literature review Example al., 2012). The caffeinated drinks are gaining importance among the sprinters and other sport persons depending on the notion that drinks containing caffeine leads to physical and mental development. Furthermore, the caffeinated drinks are even noted to be increasing strength and endurances among athletes, which actually develops the popularity among the sportspersons to use such drinks. Physiological effects of caffeine are noted to be creating a huge amount of influence on sports person (Zapata & Obispo, 2011). Moreover, many sports persons have even affirmed the fact that the use of caffeine is noted to be creating an influence on the overall development of the physical needs of the players. Additionally, this is creating an impact on their physiological development during the initial days of practice. During the early years of practices, the use of caffeine is creating a huge amount of influence on the overall performances of the players during the initial use of the product. Use of caffeinated supplements during the time of practices has been affecting the overall development of the players. Laboratory reports support the views that the use of the caffeinated supplements increases stamina and strength among the players and develops their capacity to perform better. Positive effect of caffeine is even noted to be enduring performances among sprinter and is often acting to be a positive support for their development (Lee & et. al., 2014). With the positive impact of the product in the lifestyle of the athletes, there has been a change in the quantified use of the same. The caffeinated products support the sprinters with alertness and wakefulness and the same is easily digestible, hence, its acceptance within the different field of sports and other programs are likely to increase. The alarming rate of increase in the use of caffeine with regard to energy drinks are noted to be creating an influence on the

Persuade your employer that you deserve a raise OR Persuade a family Essay

Persuade your employer that you deserve a raise OR Persuade a family member that the world today is a better than it was 50 years ago - Essay Example Not all people considered going to school a basic life requirement. Only a few people who were enlightened went to schools to gain knowledge. Let us look at our grand parents and some uncles and aunts for example. There is none we can talk of as an educated person, those who afforded to go to school got minor education and surrendered in the long run. The schools were also not developed such that they only had limited resources therefore offered little knowledge. People relied on the indigenous knowledge which though was effective to some extend, could not be applied to solving all of the issues the society faced. The society was so backward such that new advancements tools were only owned by the educated in the society, simply because they were the only ones who could operate them. Poverty for example, which is highly associated with lack of education, was part of the society whereby, to most people poverty was a norm. People only relied on the products of nature. Compare this scenario to the contemporary society where going to school is like a norm. Every individual in the present society is expected to have basic education. Some countries have even gone to the extent of providing free basic education to ensure every individual gets a chance of going to school. Laws have also been formulated to ensure people get educated. The modern schools also have resources that ensure students get quality education. Look at the current advancements whereby each day comes with its own technological advancement. Today things that were rare such as media tools are a thing of the past. You only choose to be poor since I believe every individual has his own ability to make money. For instance, according to the World Development report, knowledge is intangible, light and weightless. With this knowledge still, some people still living in poverty. This therefore means that knowledge is able to counter poverty,

Management Styles within Large and Small Firms and How These Styles Essay

Management Styles within Large and Small Firms and How These Styles May Impact On the Employment Relationship - Essay Example This adoption of managerial styles has yielded long term workforce commitment and led to sustainable levels of overall organisational success (Turnbull and Blyton, 2004, p22). This statement clearly implies that management styles have a profound and measurable impact on the long run success of firms, although there have been claims that the managerial styles in large firms differ from those adopted in small firms (Longnecker et al., 2000, p75), due to a number of possible reasons. As a result, the employment relationship also differs within large and small firms operating within the same industry. According to the European Commission (2005, p14), a small enterprise is described as a business, which employs less than 50 individuals. The annual balance sheet or the annual turnover for this business does not go beyond the 10 million euro mark (European Commission 2005, p14). On the other hand, a large enterprise is a business, which has more than 250 employees, and has exceeded the limi ts of a medium-sized enterprise (QFinance 2012, p1). Therefore, this study is attempts to critically appraise the management styles within companies of various sizes, in order to ascertain and illustrate the impact that variations in management styles may have upon the employment relationship. Management styles can be defined as the characteristic ways in which decisions are made related to the subordinates. They are the efforts, direction, and strategies used by the manager to develop an efficient workplace, and accomplish organizational goals. There are five management styles and they include autocratic, consultative, persuasive, democratic, and laissez faire management styles (Chartered Technofunctional Institute 2012, p1). This study is informed by reference to relevant examples and case studies drawn from academic literature, seeking to ensure a balanced examination of the issues relating to managerial styles and their relationship to the employment relationship. In order to do so, this study provides a comparison of the managemen t styles within firms with reference to theoretical concepts in order to examine the difference, if any, present in the styles used by small and large companies. This essay also describes how the concepts of ‘Unitarism’ and ‘Pluralism’ influence employment relationships, and moves on to a discussion played by trade unions and whether their presence or absence might affect the way in which employers and employees deal with one another. These discussions will be used to inform an examination of the main area of inquiry, providing an informed appraisal of the way in which management styles might affect the employment relationship in firms of varying size. Management Concepts Underlying the Management Styles within Large and Small Firms An abundance of academic literature has been published in the field of management, with one of the earliest theories on management style being that of Frederick Taylor (Casell et al. 2002, p673). This management style (Taylorism ) advocates the standardization of strict standards for performance, and was therefore widely adopted by large industrialized firms (Marlow and Patton, 2002, p22). Taylorism was based on quantity and time as important standards for the measurement of output (division of labour), meaning that the adequacy of any worker was judged by the capability to meet a particular production quota (Berk and Berk 2000, p91). Casell (et al. 2002, p674) states that critics of this management style argue that it degrades the workforce, treating them as mere factors of production: the emphasis on judging people according to rate of output also meant that the quality of an item did not matter, only

Storytelling Marketing Approach Essay Example | Topics and Well Written Essays - 2750 words

Storytelling Marketing Approach - Essay Example To be remembered is the aim and the story telling method is gaining strong grounds in today's dynamic global horizon. The customer gets the opportunity to perceive the story to match his own mind set and thereby accepting the story and the product underlying in the story. Imagine a child, being told a creative bed time story. The child adds his imagination to the story and if it fascinates him enough he communicates his thoughts across to many of his play group friends the next day. Every person still holds the same child like ability to appreciate and spread an interesting story. Here lies the key to the story telling method. An image is created in the mind of the customer which he further copulates and spreads across to acquaintances, friends, family. Thereby the word of mouth spreads. However as every marketing strategy, the story telling method also requires to be supported by attributes of the product to retain the buzz created.1 The aim of weaving a story is what would guide the key success factors for the strategy. Most stories are built to help people learn, absorb, remember and share information and ideas 2 stories can bring forth the strengths of a company, the vision the company has or even the past experiences of others to provide an assurance. Stories can be incorporated to market products and brands, demonstrate leadership, build affinity or many varied reasons. Few factors should be kept in mind to make sure the story telling method reaps adequate advantage for the company.3 These factors would be maintaining the timeliness of the story- communicating the story in a timely manner is crucial for its success. The other factors to be kept in mind are that the story should meet the objectives of the company. The mission and vision of the company will help ascertain the primary objective of a marketing strategy. There should also be orientation towards the detail as to what information is to be passed on to the customer and in what manner. Innovation and creativity form the key to a good story. A creative way of presenting a simple thought can help grab the attention of the customers. Personal affinity towards the story should exist for all the employees as the commitment should be visible in the employees. Finally as every marketing tool, the cost factor should be considered in the story telling method as well. Although there is an advantage in this method as it leads to buzz marketing however the cost aspect and budget analysis should be done before the planning is started. The key elements of success for story telling method of marketing can be summarized in the following manner: 1. Create a simple, credible and compelling Story The business journey and the vision that has been conceptualized should be visible in the story told to the customers. The simplicity of a story is crucial though. The people of every level in the business enterprise should be capable of believing the story. Only then can organization make the customers believe in the story. The story can be a simple narratrion about a personal achievement or an act of excellence been demonstrated at some time frame by the company. The achievement can also be about a particular division or employee of the company as employees are representatives of the larger

STRONG LETTER Essay Example | Topics and Well Written Essays - 500 words

STRONG LETTER - Essay Example Without education, it will be impossible for me to get a suitable job that can help me in paying back my loan. I do not want to be dismissed from the university after coming this far. I assure you that I will focus more on my studies now as I have more time for studies now as compared to before. Earlier, I was the only source of income for my family due to which I did not have much time to spend on studies. However, my life has changed recently. My wife has started working due to which I have more time to study now. It will be difficult for me to cut off from studies at this point of time when I have completed the major portion of my degree. I have completed all of my courses and have met all the requirements of becoming a physician. All I need to do is to pass the board exam to complete my medical degree. I understand the consequences of failing my board exam. I know that I will have no chance for residency in this country without this degree. I also know that without this degree, I will not be able to get any job here in the United States. I may have hard time to practice in the United States, but I can return home where my degree will be very valuable. I am taking this exam very seriously. It was just a mistake that I made a wrong choice by writing the clinical skills (CS) part before writing the critical knowledge (CK) part in the board exam. I assure you that I will not repeat this mistake if given a chance to continue my study. I have also registered for a program that I think will be very helpful for doing CK, CS, and NYCSPrep. The program director, Dr. Lakshman Somasundararam, is a practicing physician and he has promised to help me. He wants me to complete CK before doing CS. He has also assigned a mentor who will help me in studying CK for the next two months. He can be contacted on my behalf at (917) 349-2605. Please, I am asking for a chance to allow me to pursue my degree. Having come to this point and

Storytelling Marketing Approach Essay Example | Topics and Well Written Essays - 2750 words

Storytelling Marketing Approach - Essay Example To be remembered is the aim and the story telling method is gaining strong grounds in today's dynamic global horizon. The customer gets the opportunity to perceive the story to match his own mind set and thereby accepting the story and the product underlying in the story. Imagine a child, being told a creative bed time story. The child adds his imagination to the story and if it fascinates him enough he communicates his thoughts across to many of his play group friends the next day. Every person still holds the same child like ability to appreciate and spread an interesting story. Here lies the key to the story telling method. An image is created in the mind of the customer which he further copulates and spreads across to acquaintances, friends, family. Thereby the word of mouth spreads. However as every marketing strategy, the story telling method also requires to be supported by attributes of the product to retain the buzz created.1 The aim of weaving a story is what would guide the key success factors for the strategy. Most stories are built to help people learn, absorb, remember and share information and ideas 2 stories can bring forth the strengths of a company, the vision the company has or even the past experiences of others to provide an assurance. Stories can be incorporated to market products and brands, demonstrate leadership, build affinity or many varied reasons. Few factors should be kept in mind to make sure the story telling method reaps adequate advantage for the company.3 These factors would be maintaining the timeliness of the story- communicating the story in a timely manner is crucial for its success. The other factors to be kept in mind are that the story should meet the objectives of the company. The mission and vision of the company will help ascertain the primary objective of a marketing strategy. There should also be orientation towards the detail as to what information is to be passed on to the customer and in what manner. Innovation and creativity form the key to a good story. A creative way of presenting a simple thought can help grab the attention of the customers. Personal affinity towards the story should exist for all the employees as the commitment should be visible in the employees. Finally as every marketing tool, the cost factor should be considered in the story telling method as well. Although there is an advantage in this method as it leads to buzz marketing however the cost aspect and budget analysis should be done before the planning is started. The key elements of success for story telling method of marketing can be summarized in the following manner: 1. Create a simple, credible and compelling Story The business journey and the vision that has been conceptualized should be visible in the story told to the customers. The simplicity of a story is crucial though. The people of every level in the business enterprise should be capable of believing the story. Only then can organization make the customers believe in the story. The story can be a simple narratrion about a personal achievement or an act of excellence been demonstrated at some time frame by the company. The achievement can also be about a particular division or employee of the company as employees are representatives of the larger

Police Administration Essay Example for Free

Police Administration Essay In the general concern of police administration, strategic program evaluation is indeed important for the effectiveness of their service and function in the society. Through the thorough evaluation and analysis of their administration and programs, the police organization can understand their processes and strategies in which they can notice their challenges, pitfalls, and problems thus ensuring measures to further develop their performance and service. Another is that through evaluation, the police administration can likewise determine their strengths and advantages, which they can incorporate in their organizational development and further performance plan. Indeed, with the knowledge determined in the administration and program evaluation, the police organization can find effective solutions and strategies for the realization of further development in their function as public servants. However, for the effectiveness of the program evaluation, certain measures must be implemented to achieve the desired results and information accuracy. In this aspect, most evaluations of the police organization programs are conducted by outsiders from the said institutions who mainly represent the public sector which are the primary target of the said program. There are three reasons for this arrangement namely as inclined with humanitarian concern, neutrality view, and the awareness campaign for the fundamental characteristics of the program. Indeed, the dialogue of program evaluation by outsiders counteracting the police institutions is arranged mainly for the intention of achieving effective influence and positive results from the program for the benefit of its target namely the public sector. The arrangement placing outsiders as the evaluators of the programs and strategies of the police organizations is established based on three reasons inclined towards the effectiveness of the police function concern. The first involves humanitarian concern wherein the outside evaluation will be conducted on the perspective of its target sector and the realization of its effects on the public. In the process of outside evaluation, the examiners can thoroughly consider whether the said police program, strategy, or action will be either advantageous or detrimental to their concern. With them conducting the evaluation as the party representing the public interest, they can significantly determined if there are any abusive characteristics or grounds in the program which would be contradictory to the function and responsibility of the police department. Another reason for the said evaluation arrangement is the neutrality pursuit wherein both parties namely the police force and the public sector desire a transparent and unbiased view on the examination. Having an outside party conduct the program evaluation will result to a process free from the political nature and pressure existing inside the police organization. With this arrangement, any bias qualities inside the program can be reduced or even eliminated as both contrasting parties have reviewed and commented on the nature of the said program. The third reason for the said arrangement in police program evaluation lies in the awareness campaign and interest of the police organization. In this concern, the police group must acknowledge the presence and relevance of the public sector representation in terms of information dissemination and awareness. Manifested in the outside party evaluation, a party representing the public must be allowed to investigate and acquire knowledge regarding the program of the police organization. Having been informed of the program’s nature and characteristics, the said party can aid the public in understanding the purpose and relevance of that program thus, gaining the trust, support, and participation of the public sector. Indeed, doing the arrangement of outside party evaluation can effectively aid the interest of the program of manifesting the function of the police organization and benefit the need of the public sector. In the pursuit of achieving effectiveness in the action and performance of the police organization, programs embodying the function of the organization are created as part of their action. In the concern of achieving the beneficial interest from the police performance, the arrangement establishing outside parties to evaluate and examine the performance program of the police organization is created. This approach is developed mainly based on the reasons of humanitarian concern, transparency in the organization’s activities, and the interest of the public for awareness in the presence and activities of the police organization. In general, the development of the said arrangement as part of the procedural activity of the police organization is for the effectiveness of their function and duty of protecting the welfare of the public and promoting peace in the society.