Executive Diploma in Management Essay Example | Topics and Well Written Essays - 2000 words

Executive Diploma in Management - Essay Example In the following case the seven part model is applied to Southwest Airlines Strategy: Southwest Airlines has been in a business of low cost carriers operating .Their mission is to â€Å"To operate in a cost-effective and environmentally beneficial way while conserving environmental resources.†The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and Company Spirit. The competition included United Airlines and Continental Airlines. Although, railway and buses can be a substitute too. The strategy of Southwest thus revolves around this mission. It follows a low cost niche strategy with frequent flights in underutilized places and close in to a metropolitan. Southwest has simpler and cheap travel plans. The low cost strategy is followed by flying just one type of plane, the Boeing 737 series. That saves Southwest millions in maintenance costs, which includes spare-parts inventories, mechanic training and other nuts-and-bolts airline issues. SWA follows point-to-point flying. Most of the time it flies nonstop between two points. Costs are cut by less time that planes sits on the ground and also allows the average Southwest aircraft to be in the air for more than an hour longer each day. Southwests avoid-the-hubs strategy also pays dividends in the case of on-time operations. SWA has simple on-flight service. There is just one class of service on flight with no assigned seats. There are no meals just beverages and snacks SWA also follows a no frills, no fees. The airline only sells one-way fares and only in a few ranges of price. It keeps costs down and saves cost as complex fare structures are expensive to manage. Structure: The HR dept forms the bridge between all department ensuring cooperation and coordination between them. The department does an amazing job in continually feeding back information to employees

Strategic Financing for Discussion Essay Example for Free

Strategic Financing for Discussion Essay Preferred stock is defined as a type equity that has priority over common stock in terms of dividend payment and asset distribution in the event of liquidation. Basically it is a hybrid security that actually shares features with both debt and common stock. Further, it has the following features, convertibility to common stock, nonvoting right, and callability at the corporation’s option. However, its usage does not actually increase the probability of the firm’s bankruptcy. It pays dividend just like common stock out of the firm’s after-tax income (Brigham Houston, 2009). In case the preferred stock does not have a stated date of maturity, its cost is determined using the following formula (Brigham Ehrhardt, 2013). Cost of the Preferred Stock = the dividend on Preferred stock/ (Price of Preferred stock/1-Flotation Costs) Whereby the price of preferred stock is basically the current market value while the floatation costs are the preferred stock’s underwriting costs which are usually given as a percentage. Firms that use preferred stock should include its cost in their weighted average cost of capital (WACC) formula (Brigham Ehrhardt, 2013). Three publicly-traded companies that have preferred stock in their capital structure include: American Capital Agency Corp. (NASDAQ: AGNC) This is mortgage REIT that basically invests in agency securities that their interest and principal payments are usually guaranteed by US Government-sponsored entity (Federal National Mortgage Association) and the US Government agency (Government National Mortgage Association) Wells Fargo and Company             This is an American multinational company that deals in banking and financial servicers hence providing mortgage, banking, credit card, insurance, investing, and commercial and consumer financial services. Bank of America Corporation             This is an American multinational corporation that deals in banking and financial services and is has its headquarter in Charlotte, North Carolina. References Brigham, E. F., Houston, J. F. (2009). Fundamentals of financial management. Mason, OH: South-Western Cengage Learning. Brigham, E. F., Ehrhardt, M. C. (2013). Financial management: Theory and practice. Mason, Ohio: South-Western. Source document

Ethical dilemmas in social work: A case study

Ethical dilemmas in social work: A case study New Hanover County Senior Resource Center: Ethical Dilemma What are values, ethics, ethical dilemmas and a code of ethics? Values relate to principles and attitudes that provide direction to everyday living. Values also refer to beliefs or standards considered desirable by a culture, group or individual (Merriam, 2003). On the other hand, ethics means a system of beliefs that constitutes moral judgment. In essence, ethics are moral principles (Barsky, 2010, p. 12). An ethical dilemma is when a person is faced with a choice between two equally conflicting moral principles, and it is not clear cut which choice will be the right one. (Barsky, 2010, p. 6). In other words, adhering particularly to one principal might result in the violation of the other. Finally, ‘a code of ethics’ is an explicit statement of the values, principles and rules of a profession, which acts as a guide for its members and their practice (Code, 2008). In every occupation, professionals are faced with ethical dilemmas. Dilemmas at workplaces can sometimes be the hardest decision to make in life; however, as a professional we must take the proper steps to move further and not jeopardize our license or career. As a Bachelor of Social Work intern at the New Hanover County Senior Resource Center, ethical dilemmas are easy to come by. Description of Ethical Dilemma An ethical dilemma occurred on November, 20th of 2014. The client that this dilemma revolves around, is on the Senior Resource Centers Home Delivered Meals program. The program serves home-bound elderly citizens age 60 and over, and they receive a lunch Monday through Friday, prepared at the center nutrition site by a local catering company (Nutrition, 2015). This specific client has been receiving meals since 2006, and in November it was time for a reassessment to be done. Reassessments are done every six months to make sure the clients are still eligible to receive meals. I and my field instructor, Jean Wall, visited this client at their home. I knocked on the door, and after a few seconds I could smell marijuana wayfaring in the air coming out of an open window beside the door. The grandson of the client opened the door, and said the client was not there. He looked to be older than 18. My field instructor asked where the client was, and the grandson changed the story to the client was in the bedroom taking a nap. The grandson had red eyes, and was slurring his words, which are symptoms of marijuana use. Added with the smell of marijuana coming from inside, it was clear he had been smoking it. After leaving the clients home, I was unsure how to proceed with what just happened. The drug use in the home could negatively affect the clients overall health and well-being, but is it within our jurisdiction, as social workers at the senior resource center, to make a report? The Code of Ethics of the National Association of Social Workers, also known as NASW, expresses the values and principles of the profession. By having values and principles that guides our practice, this assists our work, and helps us to act in ethical ways. In short, values and principles provide a guide and standard for ethical practice in social work (Barsky, 2010). The ethical standards that conflict, in this ethical dilemma, are standards 1.01 and 1.07. 1.01 states that a social workers primary responsibility is to promote the wellbeing of clients. Standard 1.07 part ‘a’ states that social workers should respect clients’ rights to privacy (Code, 2008). Standard 1.07 is also in conflict with North Carolina possession laws. In North Carolina, Marijuana is classified as a Schedule VI Controlled Substance, and possessing marijuana in North Carolina is considered a Class 1 misdemeanor under N.C. Gen. Stat. 90-95(d)(4). Stakeholders Every decision we make affects other people. Social workers have a moral obligation to consider the ethical implications of their decisions on others. Each person, group, or institution likely to be affected by a decision is a stakeholder with a moral claim on the decision maker (Barsky, 2010). There are individuals, groups, and organizations that can be affected by the ethical decision made concerning this client who lets their drug using grandson live with them. First of all, the client is most likely to be affected by the decision because this ethical dilemma revolves around the client and questions what is best for the client. The grandson is also a stakeholder. More individuals that are stakeholders are Jean Wall and myself, because we are the social workers involved with the case. The organizations that are also stakeholders are the New Hanover County Senior Resource Center, the Apartments where the client lives, The Department of Social Services, and The Wilmington Police Depa rtment. Possible Courses of Action Identifying all possible courses of action and the participants involved in each, along with possible benefits and risks for each, is important for making the best decision when it comes to ethical dilemmas. In this case, there are three possible courses of action; doing nothing, reporting the drug use, and discussing it with the client. The first course of action, doing nothing, entails not reporting the drug use or confronting the grandson or client with the matter. Essentially, the participants with this option are the social workers involved with the case, which are Jean Wall and myself. We would document the home visit like we are required to, but no further investigation would take place concerning the drug using grandson living with the client. The benefit to this option is that the client gets to have the grandson continue to live there, which may help if she has an accident or medical emergency, where she would need help calling 911 or getting to the hospital. The risks of this option are that the grandson may become abusive as an effect of the marijuana use, and that the client’s health could be negatively affected from inhaling the smoke. The second course of action, reporting it, entails making a report of the drug use to the police department, or to Adult Protective Services. The participants in this option are, myself, my field instructor, the client, the client’s grandson, the Wilmington Police Department, and the Department of Social Services. The benefits for this option are that the client is no longer living in an unhealthy environment, and that, if the police reprehend the grandson for possession, then drugs have been taken off the street. The possible risks are that the client is displeased and makes complaints to the agency, and another risk is that the police can do nothing about the drugs being in the home, and in retaliation, the client may want nothing to do with the senior resource center anymore. The third course of action is discussing the issue with the client, and letting the client decide what they want to happen. Participants is this option would be the client, the grandson, myself, and my field instructor. The benefits are that the client becomes aware that there is an issue, and starts to take steps to get the grandson out of the house, and that the grandson will be aware that this could lead to a bad environment for his grandmother. The possible risks are that the client may get angry with us trying to get involved, the grandson may get violent and defensive, and that the agency may lose the client. Analysis of Courses of Action The courses of action mentioned previously need to be thoroughly examined. Doing this entails going over the reasons in favor of and opposed to each possible course of action. Option number one of doing nothing, entails not reporting the drug use or confronting the grandson or client with the matter. Reasons in favor of this option include the Code of Ethics ethical standard 1.07. That standard prohibits social workers from sharing client’s personal information (Barsky, 2010, p. 98). Social workers should respect the client’s rights to privacy, and this applies to this option because we would be protecting the clients privacy by not reporting the drug use. Another reason in favor of this option is that it’s not in our jurisdiction to do, or say anything, about the apparent drug use because there was no evidence of elder abuse, and we could see no actual drugs. The reasons opposed to doing nothing revolves around the Code of Ethics standard 1.01. It is a social wo rkers responsibility to promote the wellbeing of clients. In this case, doing nothing would not adhere to following that standard. Option number two, of reporting it, entails making a report of the drug use to the police department, or Adult Protective Services. One reason in favor of this option is that it would adhere to the ethical standard 1.01 of promoting the clients wellbeing. Another reason in favor of this option is because it would follow with my own personal value about being against drug use. Additionally, possession of marijuana is against the law in North Carolina. Reasons opposed to reporting is that it would compete with ethical standard 1.07 where it states that social workers have to respect client’s rights to privacy. Also, reporting this issue to police would go against the ethical principle of dignity and worth of the person. The NASW Code of Ethics (2008) states that, â€Å"Social workers seek to enhance clients’ capacity and opportunity to change and to address their own needs†. Finally, option number three, of discussing the issue with the client, and letting the client decide what they want to happen, has reasons in favor of and against it. Reasons in favor of talking it over with the client includes the ethical theory that the client is the expert on their own life, and the ethical principal of dignity and worth of the person. Option three adheres to this theory and principal because we would be giving the client the opportunity to change and to address their own needs instead of making the decision for the client, without the clients consent. A reason opposed to this option is the legalities involved with North Carolina law. Drug possession is against the law, so just discussing the issue with the client may not be enough. Consultation Consulting with colleagues and appropriate experts about ethical dilemmas can aide in the decision making process. With this case, I consulted with Jean Wall, who is my field instructor, and then I consulted with another intern at the New Hanover County Senior Resource Center. The reason I consulted with the other intern was to try and get a sense of what her opinions on the case are, and to see what her decision would have been. The outcome of that consultation was that she was stumped on what to do also, but that she agreed with me on that it was an issue. She was not sure what should be done about it either. Next, I consulted with my field instructor about the home visit in general, then asked what should be done with the issue. Jean stated that, first, it was not part of our job to advise our clients on what should be done. We are to only give them the resources and tools they ask for. Second, that since there was no sign of abuse or neglect we could not make a report. Determining a Course of Action and Documentation The course of action that was chosen was to do nothing about the issue. This option was chosen because there was no sign of abuse or neglect, so we could not make a report to Adult Protective Services, and because we did not actually see any drugs while we made the home visit. The Senior Resource Center does not have a particular method of documenting ethical dilemmas. Documentation is done for all client interaction with the agency and staff. I documented the reassessment, like I would any other reassessment, once we could get in touch with the client and do the full reassessment. Ongoing Evaluation and Documentation After making the decision, monitoring, evaluating, and documenting the decision comes next. After documenting the first home visit we did to see the client, my field instructor set up another appointment with the client, and did the full reassessment for Home Delivered Meals. After the assessment, my field instructor and I debriefed on how the second home visit went. My field instructor stated that the house was very cluttered and smelled of smoke. The grandson was still living with the client, but he was out of the room for the visit. The client was found to still be eligible for Home Delivered Meals, and in six months, my field instructor will conduct another reassessment. Conclusion In conclusion, an ethical dilemma is a conflict of moral principles, occurring when a person is faced with a certain situation where adhering particularly to one principal might result in the violation of the other. Over the course of this internship, I have found that dilemmas at workplaces can sometimes be the hardest decisions to make in life; however, as an aspiring professional I must take the proper steps to move further. While interning at the New Hanover Senior Resource Center, this ethical dilemma occurred during a home visit. The client’s grandson had been smoking marijuana within the client’s home. The reason this was an ethical dilemma was because two standards in the NASW Code of Ethics were in conflict, specifically 1.01, and part ‘a’ of 1.07. In the end, my field instructor and I were not able to do anything about the smoking of marijuana in the client’s home. We could not report it to Adult Protective Services because there was no sig n of neglect or abuse to the client. However, there will be further monitoring of the situation due to the client still being on the Home Delivered Meals program, and having to do reassessments every six months. References Barsky, A. E. (2010). Ethics and values in social work: An integrated approach for a comprehensive curriculum. Oxford: Oxford University Press. Code of Ethics of the National Association of Social Workers. (2008). Retrieved February 7, 2015, from https://www.socialworkers.org/pubs/code/code.asp G.S. 90-95. (2015). Retrieved February 7, 2015, from http://www.ncleg.net/EnactedLegislation/Statutes/HTML/BySection/Chapter_90/GS_90-95.html Merriam-Webster, Inc. (2003). Merriam-Websters collegiate dictionary. Springfield, Mass: Merriam-Webster, Inc. Nutrition. (2015). Retrieved February 7, 2015, from http://src.nhcgov.com/services/nutrition/

Werner Heisenberg and the Heisenberg Uncertainty Principle :: Physicist biography Heisenberg Essays

Werner Heisenberg and the Heisenberg Uncertainty Principle Werner Heisenberg, born in the dawn of the twentieth century became one of its greatest physicists; he is also among its most controversial. While still in his early twenties, he was among the handful of bright, young men who created quantum mechanics, the basic physics of the atom, and he became a leader of nuclear physics and elementary particle research. He is best known for his uncertainty principle, a component of the so-called Copenhagen interpretation of the meaning, and uses of quantum mechanics. Through his successful life, he lived through two lost World Wars, Soviet Revolution, military occupation, two republics, political unrest, and Hitler’s Third Reich. He was not a Nazi, and like most scientists of his day he tried not to become involved in politics. He played a prominent role in German nuclear testing during the World War II era. At age twenty-five he received a full professorship and won the Nobel Prize in Physics in 1932 at the age of thirty-two. He climbed quickly to the top of his field beginning at the University of Munich when his interest in theoretical physics was sparked Heisenberg was born the son of August Heisenberg in WÃ ¼rzburg, Germany on December 5, 1901. August Heisenberg was a professor of Greek at the University of Munich. His grandfather was a middle-class craftsman who’s hard work paid enough to afford a good education for August Heisenberg. The successfulness of August Heisenberg allowed him to support his family well. The professorship at the University of Munich put them in the upper middle-class elite, and was paid three times the salary of skilled workers. Through his life Werner Heisenberg was pestered with health problems. At the age of five, he nearly died with a lung infection which helped him get a little preferential treatment from his parents. During his early years, Werner was in constant competition with his brother Erwin which caused friction. The Heisenberg family were accomplished musicians. Every evening they would sit and practice together. August was on the piano, Erwin played the violin, and Werner played the cello. Their mother insisted that she had no musical talent as an excuse to not be involved in the male competition. Later Werner also learned the piano and used his musical talents as a social vehicle during the course of his life. This manly competition carried out in many other activities in the house. Werner Heisenberg and the Heisenberg Uncertainty Principle :: Physicist biography Heisenberg Essays Werner Heisenberg and the Heisenberg Uncertainty Principle Werner Heisenberg, born in the dawn of the twentieth century became one of its greatest physicists; he is also among its most controversial. While still in his early twenties, he was among the handful of bright, young men who created quantum mechanics, the basic physics of the atom, and he became a leader of nuclear physics and elementary particle research. He is best known for his uncertainty principle, a component of the so-called Copenhagen interpretation of the meaning, and uses of quantum mechanics. Through his successful life, he lived through two lost World Wars, Soviet Revolution, military occupation, two republics, political unrest, and Hitler’s Third Reich. He was not a Nazi, and like most scientists of his day he tried not to become involved in politics. He played a prominent role in German nuclear testing during the World War II era. At age twenty-five he received a full professorship and won the Nobel Prize in Physics in 1932 at the age of thirty-two. He climbed quickly to the top of his field beginning at the University of Munich when his interest in theoretical physics was sparked Heisenberg was born the son of August Heisenberg in WÃ ¼rzburg, Germany on December 5, 1901. August Heisenberg was a professor of Greek at the University of Munich. His grandfather was a middle-class craftsman who’s hard work paid enough to afford a good education for August Heisenberg. The successfulness of August Heisenberg allowed him to support his family well. The professorship at the University of Munich put them in the upper middle-class elite, and was paid three times the salary of skilled workers. Through his life Werner Heisenberg was pestered with health problems. At the age of five, he nearly died with a lung infection which helped him get a little preferential treatment from his parents. During his early years, Werner was in constant competition with his brother Erwin which caused friction. The Heisenberg family were accomplished musicians. Every evening they would sit and practice together. August was on the piano, Erwin played the violin, and Werner played the cello. Their mother insisted that she had no musical talent as an excuse to not be involved in the male competition. Later Werner also learned the piano and used his musical talents as a social vehicle during the course of his life. This manly competition carried out in many other activities in the house.

300 Word Essay about Emerson Essay

Emerson’s assertion â€Å" every young man [ or women ] is born with some determination in his [ or her ] nature, and is a potential genius† is very powerful and I agree. At a young age most children fantasies about what they wish to become. For example I wanted to be a surgeon when I was younger. Over time the interest in becoming a surgeon faded away because I started to know more about the many things you can study and do for the rest of your life. Having a huge goal when I was little influenced and made me think twice as I grew. Did I really want to become a surgeon and possible save lives, or study material remains of past human life and activities? The point is having a goal since I was little makes me push myself more because I know I want to be more than a high school graduate. See more: The stages of consumer buying decision process essay I have my own determination because I know I’m the one that needs to work for myself to become as successful as I wish and I want to be good and passionate about something. My parents are fond of me and they really support my decisions, they really want me to be better than them and they give me the best they can to achieve what I want. My parents are my support. For that same reason I agree with Emerson. We all want to do something for someone to either prove them wrong or make them proud. This could be yourself. What we are passionate about is different but we all have something to look forward to. It all really depends when we find what we are passionate and determined about. Our determination about things become intensified and much clearer as we grow up and they may change.

For Word Count, Make Words Count

For Word Count, Make Words Count For Word Count, Make Words Count For Word Count, Make Words Count By Mark Nichol One of life’s great ironies for writers is that they spend their high school and college years padding essays and papers because an instructor requires a minimum word count. In the struggle to reach a 500-word or 1,000-word or 5,000-word lower limit, hurried, harried students facing a looming deadline will burden their assignments with prolix prose. Sometimes a teacher or professor will penalize the writer for indulging in this verbose verbiage, but more often the student will get away with it, or will at worst receive a merely acceptable grade, and this bad habit will be positively reinforced. Then, students foolish enough to decide to become journalists or practice some other form of professional writing may oh, the irony discover that they must develop a diametrically opposite skill: Many newspaper and magazine writers are assigned to turn articles in that adhere to a maximum word count. At first, achieving this goal may seem out of reach, but then they conduct research and interviews and the words start to pile up. Often, before they know it, they’re facing down a 4,000-word draft of a 2,500-word article. At this point, the solution is not simply to slash nominalizations and pursue other strategies to make writing more concise, but to hack away at entire sentences, paragraphs, and sections, paring the piece down to its essentials. Then, when you’re within 100 words or so of your word count, you can further reduce on a phrasal level. But you’re not done yet. After you turn the piece in, your editor may ask you to provide more details or provide another point of view, and more cutting may be in order to accommodate the addition. Later, you may be told that the layout of your article is losing a page, or that the photographer assigned to shoot some pictures to go with it has so many good shots that the designer wants to add another image to the opening spread. Cut, cut, cut. Abridging an article is usually painful for the artist who has assembled it, so count on a family member or a friend to provide some dispassionate direction. Writers often feel that such condensing ruins a piece, but the truth is that readers are unlikely to feel that anything is missing. If it’s any consolation, if you retain republication rights, you might be able to sell a more extension version to another publication, or you can post the entire article to your own Web site. (You might even request that the editor run the full article, rather than the version published in the print publication, on the publication’s site.) You can always ask your editor to make more room for your story, but the decision is up to them (or may be out of their hands even though they would prefer to do so), and it’s unwise to push your argument farther than one polite request. A writer who turns in lean copy and will graciously render it even leaner on request is a writer who receives additional assignments or gets calls or emails about subsequent pitches returned. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Freelance Writing category, check our popular posts, or choose a related post below:Passed vs Past20 Pairs of One-Word and Two-Word FormsJanuary 1 Doesn't Need an "st"