Wednesday, August 14, 2019
Manager and Leader Research Paper Example | Topics and Well Written Essays - 250 words
Manager and Leader - Research Paper Example They are likable due to their genuine interest in others more than in outcomes (DuBrin, 2010). Managers like doing things right whereas leaders like doing the right things. Managers are competent in following company protocol, enforcing rules, and ensuring employee performance owing to their position in the company. In contrast, leaders lack formal authority. However, their power comes from the natural desire of people to follow them (Ruiz, Ruiz, & Martà nez, 2010). Being a good manager is not necessarily being a good leader and likewise, being a good leader is not necessarily being a good manager. Nevertheless, there exists an overlap between leadership and management skills. Best managers can decide to become more than administrators and become leaders. Similarly, best leaders can decide to become more than visionaries and become managers. Based on the characteristics of a good leader and manager outlined above, I consider myself a good leader and less of a manager. I have a strong conviction of realigning my thought and decisions along the needs and attributes of the people around me. I find my orientation towards paying keen attention to what is done other that how it is as a big feature distinguishing myself as a leader. Nevertheless, the leadership position cannot be complete without management roles. Therefore, it is not possible separate the two aspects since a leader must be good at management as well because appropriate decision affecting people must be founded on the right things as stipulated by established
Tuesday, August 13, 2019
Diamonds Industry of South Africa Essay Example | Topics and Well Written Essays - 5000 words
Diamonds Industry of South Africa - Essay Example It discusses the cartel's behavior during the apartheid era, specifically its observance of human rights and corporate responsibility under a fascist and racist regime. Chapter V discusses the agreement reached between the ANC government and the De Beers cartel on the status of diamond mines and mining industry in South Africa, and how the cartel can help in the country's development program. It also contains recommendations on how the agreement can help in promoting black economic empowerment, and economic and political democratisation throughout South Africa. De Beers is a monopoly and the cartel of the diamond world. Monopoly is a term that translates literally into "single seller,"1 which means a corporation that dominates the production and distribution of a particular service or product (such as diamonds). There are various forms of monopolies and a cartel is just one of them. A cartel (such as De Beers) is a formal or informal group of corporations that have agreed to avoid and minimise non-productive or destructive competition among them in order to dominate the market and maximise profits. that maximum strictly, to avoid flooding the market with products which usually results in a decrease of their prices. To guarantee their profits, members of the cartel can either agree on a common product price for their entire area of operation or set up local Diamonds of South Africa 4 monopolies where they may or may not apply a common price structure.2 The price is of course higher than what it would be if production was not regulated by the cartel, and if prices were determined, not by the cartel, but by genuine competition and the interests of the consumer. De Beers for instance set an artificially high price for its diamonds despite the fact that there was already a large supply of diamonds in the mines of South Africa (which were discovered as early as 1867) and other African countries. The supply increased astronomically following the discovery of mines in Russia, Canada and Australia. De Beers kept prices high by cultivating the myth that diamonds are valuable and scarce and should be priced accordingly. The cartel has not lowered the prices of its diamonds in its entire existence. Many countries have legislated against price fixing cartels to encourage competition, which theoretically should lower prices and improve product quality. The European Diamonds of South Africa 5 Commission, in its 2005 Report on Competition Policy, proclaimed that "(c)ompetition is crucial for the whole partnership for growth and jobs."3 In fact, "the fight against international price-fixing and market-sharing cartels has become a top political priority in Europe."4 B. The Birth of De Beers De Beers can be viewed as an exceptionally innovative and long-lived cartel. On the other hand, it has been criticised and even condemned as "the most
Monday, August 12, 2019
Legal Foundation for Business Essay Example | Topics and Well Written Essays - 2750 words
Legal Foundation for Business - Essay Example This is because Part B creates a major background that can be used for the discussion of the application of the precedence from the Donghue V Stevenson case. Facts of the Case On the 26th of August, Mrs. May Donoghue, a Scottish widow went to a cafe with her friend and made some orders. Donoghue's friend ordered something else and Donoghue ordered a ginger beer. Donoghue's friend paid for the order. The cafe owner served Donoghue with the ginger beer which she poured from an opaque bottle to Donoghue's cup2. There was normal ginger beer in the cup and Donoghue drank it. However, when Donoghue's friend poured some more of the ginger beer, a decomposed snail came afloat. Donoghue fell ill form the sight of it and complained of abdominal pain. She was admitted to hospital a few days later and was diagnosed of gastroenteritis and shock3. Donoghue's friend took the details of the manufacturer of the ginger beer which led to Stevenson, the manufacturer. This led to a case against Stevenson in court. A case was filed against Stevenson and hearings begun in May 1929. Arguments in the Court Case In the case, Donoghue tried to get Stevenson to take responsibility for her sickness resulting from drinking the contaminated ginger beer and the emotional shock that came with it. Her argument was that Stevenson should have gone the extra mile to prevent injuries. However, Stevenson argued that since Donoghue was not the one who paid for the beer, there was no contract between Donoghue and himself. Also, there was no proof that Stevenson was negligent in delivering the ginger beer to the Donoghue. The court at the local level could not uphold Donoghue's case. Donoghue appealed to the Inner House in Scotland but the case could not be ruled in her favour. Donoghue went on and filed a gase in the House of Lords as a pauper in 19314. The House of Lords The House of Lords began to hear the case in 1932. The House of Lords had to decide between whether to hold Stevenson responsible f or the sickness and emotional pain that Donoghue suffered or not. It was clear that there was some kind of unfair injuries had been suffered by Donoghue. And it was also obvious that the injury was directly attributable to the decomposed snail in a ginger beer supplied by Stevenson. However, the fundamental laws could not directly link Stevenson to the issue because: 1. There was no contract between Donoghue and Stevenson since Donoghue did not pay for the ginger beer. 2. There was no evidence that Stevenson was negligent. There could be a chain of possibilities that could include other third parties who could potentially be responsible for the issue. The House of Lords, being the highest adjudicating body with some law making powers at that time had to decide on how to deal with the problem. They could set a precedence. However, such a precedence had to be sensitive to the broader society since it could be reapplied to other cases in the future. Thus, the five judges of the case sa t on the facts and took a decision. The submissions of the different judges were as follows: Lord Thankerton He identified that there was no contract between Donoghue and Stevenson and clearly, there was no duty of care between the parties. However, he conceded that a manufacturer brings himself a voluntary obligation of not harming a consumer. This obligation was to be upheld in order that a consumer can rely upon the diligence of the manufacturer without issues. This means that he identified
Sunday, August 11, 2019
Ethical Standards Essay Example | Topics and Well Written Essays - 1500 words
Ethical Standards - Essay Example The new code of conduct will act as a guideline for all the employees to follow, when confronted with a dilemma (Roth, 2005). The devised code of conduct will try to cover all the business aspects where any predicament can arise. Thus, code covers the matters of business conduct, marketing and sales practices, business gifts, relationship with colleagues and clients, insider trading, reporting measures and the use fo company or clientsââ¬â¢ resources. Therefore, it is very important for every ECG employee to fully understand and abide by the code of conduct. A companyââ¬â¢s image is affected by the manner the employees, within and outside the workplace. With ECGââ¬â¢s plan of venturing into international business market, acquiring rival firms and launching an IPO it is essential for the company employees to be on their finest behaviour. This will affect the companyââ¬â¢s representation and in turn affect the planned investments (Johnson, 2006). The purpose of developing a code of conduct and policies is to ensure through mutual consent and understanding that these policies are implemented in order to achieve the ultimate target of integrity. The role of all the HODs is very crucial in this regard. The HODs have to become an example for their subordinates. Until the HODs follow these codes of conduct, it is very unlikely for the members of that department to do so. In order to ensure that these policies are adhered to at all times, the HODs should adopt the ââ¬Å"lead by exampleâ⬠approach in this regard (Roth, 2005). The code of conduct clearly specifies the kind of behaviour which is expected from all the employees, irrespective of their stature in the company. Emphasis has been placed on integrity, honesty and trust which should be the foundation of any ethical code. The general business code of conduct lays down the rules for the employees, for the business practices and for the overall business as well. The code of conduct outlines the cul ture of the organization and provides the employees with a framework which will help them in their daily activities. The code also provides the employees with a framework by which they can judge their own behaviour and also learn how to interact with other colleagues and clients. A successful and positive relationship with our clients is essential for the success of ECG. We as a company have been proud of the fact that all out business activities are dealt with honesty, integrity and fairness. Since the relationship with our clients is so vital for our success, care should be taken with the information we provide to our clients, which is always accurate and never misrepresented. Even though client servicing is important, care should be taken when the company is incurring expenses on account of client entertainment or other benefits. These expenses should not exceed a reasonable limit and should always be approved by the finance department. This is made mandatory in order to increase transparency within the system (Lagan & Moran, 2005). Special attention needs to be paid to the marketing and sales department in particular. The marketing department is the department that directly interacts with the consumers. Therefore, the working of the marketing department is a reflection of the companyââ¬â¢s image and policies. Documentation of the transactions is an essential part of the code of conduct. Employees are required to document every transaction which takes place between ECG and its clients. This not only makes audit very easy, but also helps
Saturday, August 10, 2019
Snyder v. Phelps Research Paper Example | Topics and Well Written Essays - 1250 words
Snyder v. Phelps - Research Paper Example __). The picketers also peacefully displayed the following signs ââ¬Å"for about 30 minutes before the funeral beganâ⬠: ââ¬ËThank God for Dead Soldiers,ââ¬â¢ ââ¬ËFags Doom Nations,ââ¬â¢ ââ¬ËAmerica is Doomed,ââ¬â¢ ââ¬ËPriests Rape Boys,ââ¬â¢ and ââ¬ËYouââ¬â¢re Going to Hellââ¬â¢ (Snyder, 562 U.S. __). These signs were seen by Matthew Snyderââ¬â¢s father (Snyder), while driving to the funeral (Snyder, 562 U.S. __). However, he was only able to learn what was written on the signs when he watched the night news broadcast (Snyder, 562 U.S. __). For this reason, he filed ââ¬Å"a diversity action against Phelps, along with those who participated in the picketingââ¬âand the church (collectively Westboro) alleging, as relevant here, state tort claims of intentional infliction of emotional distress, intrusion upon seclusion, and civil conspiracyâ⬠(Snyder, 562 U.S. __). The jury held Westboro liable for millions of dollars in compensatory and punitive damages, but the District Court reduced the punitive damages award, leaving the verdict intact (Snyder, 562 U.S. __). The Fourth Circuit however reversed such a ruling, stating that since ââ¬Å"statements were on matters of public concern, were not provably false, and were expressed solely through hyperbolic rhetoric,â⬠Westboroââ¬â¢s statements were then protected by the First Amendment (Snyder, 562 U.S. __). Hence, this petition for Certiorari by Snyder. In its decision, the US Court of Appeals sided with the Fourth Circuit and held that Westboros statements were indeed protected by the First Amendment, shielding it from tort liability. First it explained that the Free Speech Clause under the First Amendment can work ââ¬Å"as a defense in state tort suits, including suits for intentional infliction of emotional distressâ⬠(Snyder, 562 U.S. __). The Court then went on to examine the content of Westboroââ¬â¢s signs, to determine whether it is of public or private
Friday, August 9, 2019
Internet Marketing Essay Example | Topics and Well Written Essays - 250 words - 1
Internet Marketing - Essay Example Customer today has a varying need with some needing more human interaction for customer interaction while others may value price and variety of selection. The gap in customer experience is more likely to be a result of technology bumps. You see, no matter how good and efficient technology is in facilitating transaction and even lowering cost, it cannot replace human interaction. Human interaction is the bedrock of most customer experience where the customer comes face to face with another human being who attends to his or her need as a customer. In a technology base business, it is often assumed that customer has already a working knowledge of what he or she needs or wants because there is little if any human interaction that will be extended to assist him or her in the purchase. This may be inimical to customers who need assistance to what they will buy. Customers who know what to buy and are familiar with the product, will be less affected by the absence of customer experience as long as the product that he or she need is available at a price that is
Personal Ethical Foundations Statement Example | Topics and Well Written Essays - 1250 words
Ethical Foundations - Personal Statement Example I have moral obligation to offer my patients the best care possible to alleviate their suffering because it is right to help a person in need. I would not perform abortions because itââ¬â¢s murder unless when saving the life of the mother. This is a dilemma but by saving the mother, I am following the natural law. I would not practice in eugenics or assist in voluntary suicide because it is morally wrong and is against the social norms of the society. These laws preserve the dignity of human life and the sanctity of life as it is God given. They uphold the dignity and respect of medical practice and all who practice it. Human nature makes upholding natural law very difficult. One must be virtuous to have consistency in medical practice. According to Aristotle, a virtue lies between two central vices and is described as the mean by reference to two vices. Cardinal virtues expounded by ancient Greek philosophers are courage, prudence, temperance, and justice. By using reason, we make the right decisions and this will make me achieve job satisfaction and eventually actualization. By being courageous and doing the right thing we get happier and better at our jobs, this law is fundamental to success in the work place, as the code of conduct will govern most of the key decisions in the work place eliminating unnecessary conflict of beliefs. It is my responsibility to care for my patients and be responsive to their needs at all times during their medical care. It is not right to say that this principle applies to females alone as all practitioners care for the sick in health facilities. My responsibility would be to reduce their physical and emotional suffering by using own experience and expertise in the medical field. I would not withhold necessary treatment and facilities to a sick individual for whatever reason because it is morally wrong and against the medical code of ethics. It would be wrong to offer
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