Friday, May 8, 2020
Essay Topics For 10-Year-Olds
Essay Topics For 10-Year-OldsIf you have found yourself with many essay topics for 10-year-olds, your time has come to consider what you should write about. It is a good idea to be more specific in your topics, as long as the ones you do choose are not considered by your child's teacher as too repetitive.However, it may be more difficult for them to understand if you are discussing something that was taught in school, even if the teacher did not want the topic to be taught as such. Remember, the school you attend could be of an older age than your child, and their curriculum and teaching methods may differ from yours. Therefore, make sure that the topic you choose is relevant to the information they will be learning in school. They need to know that this topic is relevant and therefore, must be able to understand what you are discussing in order to be able to understand the essays that follow.There are many resources for essay topics for 10-year-olds available, especially for the par ents who are writing the essays for their children. However, your child might not feel comfortable with the suggestions they get, especially if they were not told what the topic was before. The information can come from the teacher, a parent, or the parent or teacher themselves. However, before you look into a resource, consider how much you already know about these topics.As you search for information, ask yourself if you are at a young age to have knowledge about such subjects, and if you feel that you know enough to write an essay on this topic. Perhaps you will be challenged by the contents of the information that you find, and you might even want to write about a different topic entirely. So, ask yourself whether you can still write a good essay with some help.You will find a number of sites that contain essays about such challenging topics as reading, writing, and math. These are all very interesting to children, and if they are able to complete all the homework assignments, t hey will most likely remember all that they have read, and how they learned it. There are also some interesting topics to write about, such as favorite foods, animals, places, and people. This can be educational but also entertaining for the child, so you should give some thought to the topics you choose.Before you decide on any essay topics for ten-year-olds, it may be a good idea to consider the children's current writing skills, and how well they learn and retain information from books and movies. It is important to choose topics that will be very useful to them.As you research online, it may be a good idea to start by looking at several websites that have already written essays on similar topics, to find out if they were successful at providing the information they needed. After you have chosen the best essay topics for 10-year-olds, it is just a matter of writing them up and presenting them to your child, so that they can enjoy their assignments and test.
Wednesday, May 6, 2020
The Last Report On The Miracles At Little No Horse Essay
In the novel The Last Report on the Miracles at Little No Horse by Louise Erdrich, the main character, Agnes, goes through many transformations throughout the course of the novel, be that spiritual, gendered, or in the basis of identity. Agnesââ¬â¢s identity, both as a female and as Father Damien, is an imperfect example of syncretism, as they appear at certain times as two distinct individuals, and at others, the individual identities are indiscernible. Syncretism is a term related to the concept of hybridity, and is defined as ââ¬Å"â⬠¦the fusion of two distinct traditions to produce a new and distinctive whole (Ashcroft).â⬠In this case, syncretism is being examined in the context of the combination of Agnesââ¬â¢s gendered identities to form one new person, distinct from what it began as. To fully become Agnes, at the beginning of the novel, the main character strips her identity as Sister Cecilia. He past experiences in some way influence her opinions and actions , but she no longer identifies as Sister Cecilia as a person. Agnesââ¬â¢s transformation into Father Damien is drastically different. In adopting his identity as her own, Agnes retains her feminine, drawing on both individuals at separate times when the situation calls for it, and retains both identities until right before her death. There are times during the novel when, if not for the gendered pronouns used by the author, it would be impossible to distinguish which identity has taken control, thus alluding to a single, newShow MoreRelatedThe Last Report On Miracles At The Little No Horse1065 Words à |à 5 Pagestheir own. Most interestingly, identity is a controlling factor in motivating oneââ¬â¢s behavior and actions. A common thread in shaping identity across all cultures is the role of spiritual tradition. Through the characters in The Last Report on Miracles at the Little No Horse, Louise Erdrich confronts individual and communal responses to that reality. Since tradit ion is symbolic, not material, one can not physically hold on to their tradition. In other words, an individual makes the conscious decisionRead MoreThe Last Report On The Miracles At Little No Horse2065 Words à |à 9 PagesNovels and plays are two different forms of literature that are both capable of delivering similar messages. A novel is a type of literature that is meant to be read and excite the imagination as is shown in the novel ââ¬Å"The Last Report on the Miracles at Little No Horse.â⬠On the other hand, a play is another form of literature that is meant to be acted and is based on conversations as is displayed in the play ââ¬Å"fareWel.â⬠Although both of these forms are uniquely different, they both are connected byRead MoreLast Report on the Miracles of Little No Horse Essay2005 Words à |à 9 PagesLast Report On The Miracles Of No Horse: A Review of the Literature The focal character in this novel had many different characters throughout this touching narrative. Though the main focus was on the priest, Father Damien Modeste, he began and was actually a woman. Beginning as a young girl, Agnes Vogel nà ©e DeWitt, was also known as former Sister Cecilia of a convent in Wisconsin, widow of Berndt Vogel and lover of the piano and, more specifically, the Polish music composer, Chopin. I amRead MoreMy New Perception Of The World And Gender Studies Class Essay1751 Words à |à 8 Pagesmathematicians and scientists and other ââ¬Å"bread winningâ⬠professions. Examples of these gender roles and systems of oppression can be seen in nearly all of the novels that we read. Beginning the first novel of this semester, The Last Report on the Miracle at Little No Horse, Agnes who later becomes Father Damien Modeste lives her life with both gender roles and society expectations. The novel begins with her as a nun which is the epitome of the ââ¬Å"ide al womanâ⬠a devout virgin, modest in clothing, andRead MoreThe Miracles At Little No Horse2478 Words à |à 10 PagesLong ago, huge puffy white clouds glided across the vast bodies of water surrounding the land of the Native Americans. The tribes were thrilled yet shocked at the same time to see them. Little did the natives of America know that these harmless looking fluffy clouds were actually huge vessels filled with their descending doom. Western civilization took hold quickly on Native Americans and had disastrous effects on a majority of them. Some native individuals resented the colonization and fought backRead MoreEssay on A Horse and Two Goats: Detailed Summary7459 Words à |à 30 PagesA Horse and Two Goats Detailed Summary A Horse and Two Goats is the story of a comical and fateful meeting between two men, neither of who speak each others language. Muni and his wife live in poverty in a remote village in India called Kritam. In his prosperous days, before pestilence took most of his cattle, Muni had 40 sheep and goats. Now, in his old age, Muni has just two goats. His usual daily routine is to take the goats to graze two miles from his home, alongside the highway, atRead More The American Education System Essay2534 Words à |à 11 Pagesthe future. However, these cries for reform are so demanding that many times the reforms created to please the people are pushed through so fast that consequences are never completely considered. These latest cries for reform came after the annual report by Program for International Student Assessment (PISA) was released in December 2010 stating that 15-year-old American students ranked average in mathematics, reading, writing, and science (Duncan, 2010). ââ¬Å"Averageâ⬠might not be much of an alarm toRead More francis of assisi Essay3048 Words à |à 13 Pageslife, poverty, and humilit y before God. He worked to care for the poor. Thousands were drawn to his sincerity, piety, and joy. In all his actions, Francis sought to follow fully and literally the way of life demonstrated by Christ in the Gospels. My report is going to discuss the life and contributions of St. Francis of Assisi. Francis of Assisi lived about eight hundred years ago. He was born in the city of Assisi, Italy, in 1182. He was the son of Peter Bernardone (A wealthy merchant) and MadonnaRead MoreLiberty University Bibl 323 John Module 5 Notes Essay examples11938 Words à |à 48 Pagesand Jesus was in the temple area walking in Solomonââ¬â¢s Colonnade. The Jews gathered around him, saying, ââ¬ËHow long will you keep us in suspense? If you are the Christ, tell us plainly.ââ¬â¢ Jesus answered, ââ¬ËI did tell you, but you do not believe. The miracles I do in my Fatherââ¬â¢s name speak for me, but you do not believe because you are not my sheep. My sheep listen to my voice; I know them, and they follow me. I give them eternal life, and they shall never perish; no one can snatch them out of my handRead MoreEssay on The Global Threat of Malicious Code6210 Words à |à 25 Pagesinfecting all vulnerable hosts. A Trojan horse is a program containing hidden code allowing the unauthor ized collection, falsification, or destruction of information. 1 The term Trojan horse comes from Greek mythology. During the battle for the city of Troy, the attacking Greeks struggled to find a weakness in the citys defenses. So they built a large horse and presented it to the Trojans as a gift, which the Trojans accepted. Hidden inside the gigantic horse was a small army of Greek soldiers. During
Recognized Sustainable Bank Of Australia â⬠Myassignmenthelp.Com
Question: Discuss About The Recognized To Be The Most Sustainable Bank Of Australia? Answer: Introduction This research study aims to identify the utility of multi-perspective Strategic Performance Measurement System (SPMS) along with the effect of motivational theories on reward system. This study describes real examples of the companies that integrated multi-perspective SPMS and reward system in their management as an important tool of motivation. It has been analysed that Australian companies are gradually increasing the implementation of SPMS related to the social, sustainability and environmental measures that are focused on the climate change legislations (Striteska and Jelinkova, 2015). The disclosure of companies performance on various aspects such as social, environmental and economic through the adoption of a SPMS system helps them to achieve transparency in their business operations. This in turn is essential for maintaining trust and integrity in their business operations in mind of its various stakeholders. Thus, the report undertakes a literature review that determines the salient features of SPMS as well as creates profound knowledge for the implementation of reward system and theory of motivation in companies. This has been done to illustrate the importance of linking of SPMS measures to the compensation plan of the executives and non-executives of a business entity in order to achieve a competitive advantage in the marketplace. The literature review has presented the importance of two of the major SPMS systems adopted by business corporations around the world that are balanced scorecard and triple bottom line. In addition to this, the report has carried out evaluation of two publicly listed top 100 corporations in Australia regarding the effectiveness of their SPMS disclosures. For this, one company selected belongs to an environment sensitive industry whereas the other belongs to a non-sensitive environment industry. This has been done to compare and contrast the SPMS disclosure adopted by the companies belonging to different industry sectors. The companies selected for the purpose are. AGL Energy Limited and Westpac Banking Corporation as these are renowned Australian companies and have provided good sustainable performances over the years. The report analyse the annual report, sustainability reports and the information extracted from the companies websites for evaluating the effectiveness of their SPMS s ystem. The financial measures of both the companies are also evaluated for assessing the linking of their SPMS financial measures with that of the executives compensation plan. Literature Review Salient feature of Multi-Perspective SPMS Almeida, and Azevedo, (2016) reports that in the contemporary world, where immense and cut-throat competition is there, incorporation of strategic tools to measure the performance of the organisations are very imperative part of management. For the long-term success of operations and consistency in the performance, it is mandatory for the organisation that it implements corporate strategies focused on the social and environmental prospective (Almeida, and Azevedo, 2016). The business corporations are operating in a continuously dynamic environment where it has become extremely important for them to achieve the trust and satisfaction of all its stakeholders. The sustainable growth and development of business entities depends on meeting the needs of all its stakeholders. This can be done through promoting transparency in business procedures through disclosing its performances on various aspects, such as, social, environmental and economic. The strategic performance measurement systems adopted by a business entity helps to provide all the non-financial information to its stakeholders. The strategic performance measures of a business entity helps in providing information regarding the business strategies adopted by it for meeting the various needs and demands of its stakeholders. These are the key performance indicators of a business entity provides a measurable value that helps in analysing the effectiveness of a business entity for meeting its pre-determined goals and objectives. Multi dimensional strategic performance measurement system (SPMS) comprised of balance score cards and other techniques are used to determine comprehensive and profound information about the performance of the company. It has also been analysed that it controls internal and external context of the company along with the constant assessment of priorities and objectives of the company (Almeida, and Azevedo, 2016). Furthermore, SPMS are designed for the organisations to measure the changes and to reach prompt feedbacks in the strategic operations. Besides that, Chenhall and Smith, (2007) explores that key characteristic of SPMS is to measure the performance of the company in multi perspective. It evaluates the balanced picture of an organisation that can be improved simultaneously. SPMS is mainly integrated in an organisation to analysed the performance of the organisation and provide a concise overview of business activities. Comprehensive mapping has also been created with the help of performance measurement matrix. Moreover, the strategic performance measurement can be used to critically examine the past performance of the company (Chenhall and Smith, 2007). The future planning for the performance of the organisation to set parameters can also be incorporated through SPMS. Some of the models of SPMS are SMART performance pyramid, the performance pyramid, performance prism and the performance measurement matrix. Furthermore, the performance measurement system is comprised of balance scorecard and EFQM business excellence mod el (Chenhall and Smith, 2007). On the other hand, Iselin, Sands and Mia, (2009) states that the balance scorecards has four perspectives that is financial, customers, internal business process and learning and growth which help the organisations in achieving strategic goals and objectives. These factors facilitate measurement of performance through variables like revenue, cost/productivity, asset utilisation and investment strategies for the financial performance evaluation. In addition to this, customer satisfaction, profitability of customers, customers acquisition, retention and market shares are other parameters and data that provides wide information about the customers. Post sale service, innovation and quality of the operations emphasises on the internal business processes (Iselin, Sands and Mia, 2009). However, motivation, configuration and empowerment with information system capability and employee capability dimensions are analysed as learning and growth features of the company. The performance factors m easured by balanced scorecard can be illustrated as: Striteska and Spickova (2012) describes that the use of triple bottom line as a performance measurement system can be highlighted in three stages which can help the organisation in achieving the strategic goals that includes environmental, social and financial prospects. SPMS provides tool that measures the relationship between the environment in which strategies have been operated and system implemented for the measurement of performance. It also specifies and focuses on set of performance measures with other variable relationship. Lastly, it identifies the individual performance measures of each element and variable in performance measurement system. Apart from this, SPMS has provided very innovative and latest information technology that gathers the information or data easily and promptly in a low cost (Striteska and Spickova, 2012). The strategic performance measurements have provides advancement to the organisation with various advantages. It has highly contributed in intellectu al capital of the company and provided other intangible resources that help the company in improving their performance and quality of work. Along with this, it has ensured the involvement of management in social responsibility by providing data related to the performance of the company in market (Striteska and Spickova, 2012). The performance factors measured through the use of triple bottom line method can be depicted as: In this context, according to Management Association and Information Resources, (2017) various companies have followed the SPM System that increased its organisational performance in financial, social and environmental level such as General Electric Company (Management Association and Information Resources, 2017). General electric company implemented non financial and financial measures to analyse and monitor the performance of the company. The company has integrated some of the traditional methods that facilitated information of its performance in the market like personnel development program for employees, employee attitude, product leadership and public responsibility (Gimbert, Bisbe and Mendoza, 2010). Similarly some financial measures such as accounting profits that indicates the performance related to the income of the General Electric Company. Reward Systems Related to the Motivational Theory As per Ndungu and Kwasira, (2016), in an organisation reward and recognition system plays a very important role in improving the performance and enthusiasm of an employee that results in the profitability and development of the business. These reward system are internally also related with the motivational theories that has been employed by the top management in the organisations. The motivation through good leadership also emphasis on the reward irrespective of financial or non financial, if any employee achieves the desired target or puts extra efforts to accomplish the task that has been assigned to him. Furthermore, the motivation gives the power to the employees to do better, whereas reward system ensures their direction where to put their efforts. The combination of motivation and reward is very crucial for the employees as it balances the development of business as well as individual or employee of the company (Ndungu and Kwasira, 2016). It can also be analysed that the perfor mance of the employee can also be improved with the reward system by enhancing the motivation to achieve it. Safiullah, (2014) explains that motivational theories such as Maslows hierarchy of needs, Herzbergs two factor theory and self efficacy theories can be reached through the implementation of rewards like non-financial and financial rewards as well as performance based or membership based rewards. Maslows theory of motivation emphasising on self actualisation need of creativity by giving freedom and authority to the employees, esteem need of prestige by rewarding position in the office, affection need by arranging get-together and healthy communication, safety need by providing health insurance or fringe benefits and physiological needs by basic pay can be fulfilled. It directly impacts on the efficiency of the employees and punctuality of the work. Not only, it enhances the commitment of the employees, but also results in less absenteeism. Reward system in the organisation highly influences the job satisfaction and commitment of employees (Safiullah, 2014). It has also been noted that the practice of reward by the employer should be based on fairness, transparency and equitability. Therefore, motivation can also be related to the good working condition in the working environment, appreciation and career development which can be ensured as reward to the employees. The reward system with apt motivation results in increase in productivity and performance of employee. In real life scenario, there are various companies such as Apple, Woolworths, Toyota that provides motivation to the employees with the reward as an achievement and successful in raising their profitability in the market (Safiullah, 2014). In addition to this, these organisations are continuously improving their internal environment by strengthening their manpower resource. In the view of Ranjan and Mishra, (2017), as an example, Motonet-Espoo has integrated such a reward system for its employees that motivate them to increase their performance and productivity. The process of decision making regarding the reward system in the company was also been taken with the help of employees. The system has also improved the job satisfaction in employees and increases their motivation as well. The result has also attained enhancement in the employees engagement in the business activities of Motonet-Espoo. The reward system of the company is being decided by the top level management. It is a retail store and therefore, there are different levels of store mangers that help in employing the reward system in each department. The store managers are not static and consequences in problems that are resolved by learning and development practices (Ranjan and Mishra, 2017). The employee involvement in feedbacks session every year and discussion for further improvement also encourages employees in the company. Apart from this, the store manager that participates in the discussion also changes every year. The reward has been categorised into three types that is tangible recognition, personal bonus and profit sharing. Different rewards for full-time and part-employees have been arranged. This system has immensely changed the working environment of the company in a positive way (Ranjan and Mishra, 2017). Hence, it can be depicted that there is an affirmative relationship between the motivational theory and reward from the above text; Company Research The present section of the report aims to analyze and examine the Strategic Performance Measurement System (SPMS) of two top 100 publicly listed companies in Australia. The companies selected for the purpose are, AGL Energy Limited and Westpac Banking Corporation. In addition to this, the financial performance of the selected companies has been analyzed for the year 2015 and 2016 through the adoption of financial measures. Company Profile AGL Energy, an ASX listed public company that is involved in providing energy products and services to the economy of the country. The company is actively involved in development and retail of energy related products for both housing and business usage. The company serves about 3.6 million customers across the country. The company carries out its business operations through generating thermal, hydro and wind power. The major segments of the company are energy markets, group operations and data provider business that are involved in various energy related business activities (About AGL, 2017). On the other hand, Westpac Banking Corporation, an Australian bank and financial services provider is recognized as one of big four banks of Australia. It is recognized to be the first bank of Australia established in the year 1817 by the name of Bank of New South Wales and in the year 1982 has came to known by the name of Westpac. The banking corporation serves about 13 million customers across Australia with the main objective of meeting appropriately their financial goals. The banking corporation aspires to become the largest company around the world through providing financial assistance to the customers and communities for promoting their economic prosperity and growth (Westpac Banking Corporation, 2017). SPMS Disclosure The Strategic performance Measurement System (SPMS) has a large impact on the performance of a business entity as it plays a critical role in developing the strategic decisions. The Australian firms are placing large emphasis on transforming their performance measurement systems over the lat years through adopting a strategic performance measurement system. The strategic performance measurement system provides an analysis of financial and non-financial performance of a business entity through the adoption of tools such as Balanced Score Card (BSC). The implementation of multi-perspective approach of SPMS is essential for AGL Energy Limited as it is an environment sensitive company and thus need to analyze its performance through the help of adopting environment indicators. The adoption of a proper environment strategy is essential for AGL as it needs to continuously monitor the impact of its operational activities on the communities for ensuring its long-term growth and development. The SPMS will enable quantification of environmental performance measures and therefore proving beneficial for the company to measure its sustainable performances (About AGL, 2017). The corporate policies of the company aim to minimize the environmental risk by assessing the outcomes on the environment by its operational activities. The major corporate policies as outlined by the company in respect of realizing high environmental management and performance are as follows: Integrating the environmental considerations into all its operational activities Improving the business processes for reducing the environmental hazards Efficient use of energy for reducing the waste emissions The company has implemented and adopted a health, safety and environment management system as per the Australian Standard AS/NZS ISO 14001 for measuring and controlling the negative impacts on environment by its regular business activities. The system is specially designed for benchmarking environment performance and thereby implementing effective strategies for improving its sustainable performance (About AGL, 2017). The development of such an environment management system helps in quantification of its environmental performance. Thus, it helps in strategic aligning of performance measures with the companys corporate policies and goals and therefore developing a strategic performance measurement system of the company. The websites of the company has provided all the necessary data relating to air and water monitoring, irrigation program and gas projects undertaken by it for promoting the sustainable growth and development of the environment. The company has also disclosed its strategic performance on environmental perspective in its sustainability reports through disclosing the measures adopted for improving economic, customers, community and environment performance. The sustainability reports act as a tool for the company in disseminating the information about its daily work activities aligned with its corporate policies and monitoring the progress towards its strategic targets (AGL Sustainabili ty Report 2015, 2015). Therefore, it can be said that company has published all detailed information regarding its key performance indicators in its sustainability reports and company websites. Also, the comparison of the public disclosures of the company regarding its SPMS over the last two years of 2015 and 2016 indicated that it has adopted same pattern of providing information in relation to its strategic performances (AGL Sustainability Report 2016, 2016). On the other hand, Westpac banking corporation places strategic performance measurement at the core of its business strategy. The banking corporation provides disclosure of its strategic performance measurement system in its sustainability reports. The bank prepares and publishes its performance metrics in its sustainability report that provide a measurement of its performances on all perspectives that are, customers, employees, environment, suppliers and social and economical impact. The sustainability report of the bank has provided a complete disclosure regarding the sustainability of its workforce through measuring and reporting their progress via a number of indicators. The customer satisfaction is also measured against a number of indicators such as examining the customer numbers, customer relationships, no. of complaints received and customer service quality (2015 Westpac Group, 2015). Also, it assesses its environmental performance through a number of indicators such as GHG Emissions, energy consumption, carbon footprint; waste recycling, water consumption and air travel. The sustainable performance of suppliers is measured against suppler validations, expenditure in total supply chain and continuous improvement in SSCM code of conduct. The social and economic performance is assessed through measuring value generation and community investment. The analysis of public disclosures of the banking corporation regarding its SPMS indicates that it has adopted same pattern of developing its performance metrics over the last two years (2016 Westpac Group, 2016). The comparison of SPMS disclosures of AGL and Westpac reveals that Westpac has adopted a better and improved strategic performance measurement system. It sustainability report revels that it has measured performance against each of its strategic perspectives through quantitative measurement of performance indicator s. On the other hand, AGL Energy Ltd has not adopted quantitative measurement of all its performance indicators. Comparing Financial Performance of two selected companies There are three accounting based performance measure that help in comparing the financial performance of the two selected companies. These accounting based measures are: Return on Investment (ROI) Residual Income (RI) Economic Value Added (EVA) Return on Investment (ROI): Formula to calculate the Return on Investment is as under Operating Income/Average Operating Assets In order to calculate the numerator some analyst uses operating income and some uses net profit. For denominator either total asset is used or total assets less current liabilities. Formula Used here: Net Income/Total Assets Return on investment of both the selected companies Westpac Financial Data for Westpac Particulars 2016 2015 in million AUD Net Income $ 6,941.00 $ 8,069.00 Total Assets $ 839,202.00 $ 812,156.00 Return on Investment 0.83% 0.99% (Annual Report 2016: Westpac) AGL Energy Limited Financial Data for AGL Energy Limited Particulars 2016 2015 in million AUD Net Income $ (407.00) $ 218.00 Total Assets $ 14,604.00 $ 15,833.00 Return on Investment -2.79% 1.38% (Annual Report 2016: AGL Energy Limited) Residual Income This method of performance evaluation uses operating profit or net profit and required dollar return on investment (Total Assets). Net Income can also be taken in place of operating profit. Formula is given as: Residual Income (RI): Income (Required rate of return*investment) It is assumed that required rate of return = 12% Westpac Financial Data for Westpac Particulars 2016 2015 in million AUD Net Income $ 6,941.00 $ 8,069.00 Total Assets $ 839,202.00 $ 812,156.00 Rate of Return 12% 12% Residual income -93763.24 -89389.72 (Annual Report 2016: Westpac) AGL Limited Financial Data for AGL Energy Limited Particulars 2016 2015 in million AUD Net Income $ (407.00) $ 218.00 Total Assets $ 14,604.00 $ 15,833.00 Rate of Return 12% 12% Residual income -2159.48 -1681.96 (Annual Report 2016: AGL Energy Limited) Economic Value Added EVA = after tax profit-after tax WACC*Assets used As it is not easy to calculate the EVA, performance measurement of both the companies are based on Return on Investment and Residual income. Below is the table of comparison: Comparing Performance in year 2015 Company ROI Rank RI Rank Westpac 0.99% 2 -89389.72 2 AGL Energy Limited 1.38% 1 -1681.96 1 Comparing Performance in year 2016 Company ROI Rank RI Rank Westpac 0.83% 1 -93763.24 2 AGL Energy Limited -2.79% 2 -2159.48 1 Link to Rewards/Compensation Plan It has been analyzed from the annual report of Westpac banking corporation over the last two financial years of 2015 and 2016 that it has effectively aligned its strategic performance measures with the executives and non-executives compensation plan. The balanced scorecards are developed by the ban that assesses a number of factors that helps in determining the remuneration provides to its top executives and non-executives. The factors include key performance drivers such as meeting customer needs, effective implementation of strategic initiatives, risk management and its financial performance (Annual Report Westpac. 2016). The remuneration framework of the banking corporation is well-aligned with its strategic performance measure targets that have helped it to achieve sustainable growth and development. On the other hand, AGL Energy Limited through has developed a remuneration framework but its annual report has shown that its performance drivers are not aligned with the remuneratio n received by the executives and non-executives (Annual Report AGL Energy Limited, 2016). Conclusion From the above discussion it can be interpreted that the multi-dimensional strategic performance measurement system is very necessary in an organisation to increase the productivity as well as to achieve strategic goals. It has also been found that the social, economic and financial features are involved in the SPMS of an organisation. It helps evaluating the internal and external variable of the company that influences the profitability and growth. Additionally, this research has also determined a positive link between the reward theory and motivation theory. accounting theory helps in attain motivation that also facilitates increase in the commitment and job satisfaction of employees in each level of management. Also, it can be inferred from the overall discussion held in the report that strategic performance measurement system enables a business entity to align its strategic activities with the strategic plan. The introduction of various climate legislations in Australia is placing large need on the business entities to incorporate social, economic, environment and sustainability measures in their performance management system. The adequate disclosure of all these performance measures is essential for business entities in their public disclosures such as sustainability report, annual report or their company website. This is essential for providing complete information regarding the financial and non-financial performance of a firm to its overall stakeholders. However, in this context it is essential that SPMS measures should be aligned with the reward system of a business entity for ensuring the protection of interests of all the stakeholders. In this context, it can be stated from the analysis of SPMS approach adopted by the selected companies of AGL Energy and Westpac banking Corporation that both the companies are emphasizing on the public disclosure of their SPMS. The Westpac banking corporation however has adopted a sound system of its strategic performance disclosure through developing a performance metrics that provides a quantitative measurement of each of its key performance indicators (KPIs). Although, AGL also has adopted and implemented strategic performance measurement system but yet it has not quantified its performance indicators as indicated by its sustainability report. The AGL Energy Limited need to improvise over its strategic performance measurement system through developing and disclosing its performance metrics that provides an quantitative assessment of its KPIs. The analysis of the financial measures of both the companies also revealed that Westpac has adequately aligned its financial measures with the strategic performance measurement system as compared to AGL Energy Limited. References 2015 Westpac Group. 2015. Sustainability Performance Report. [Online]. Available at: https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/aw/sustainability/2015%20Westpac%20Group%20Sustainability%20Performance%20Report.pdf [Accessed on: 13th September 2017]. 2016 Westpac Group. 2016. Sustainability Performance Report. [Online]. Available at: https://2016annualreport.westpacgroup.com.au/assets/Westpac_Sustainability_Report_2016.pdf [Accessed on: 13th September 2017]. About AGL. 2017. [Online]. Available at: https://www.agl.com.au/about-agl/how-we-source-energy/monitoring-data [Accessed on: 13th September 2017]. AGL Sustainability Report 2015. 2015. [Online]. Available at: https://agl2015.sustainability-report.com.au/system/files_force/downloads/about_agl_0.pdf [Accessed on: 13th September 2017]. AGL Sustainability Report 2016. 2016. [Online]. Available at: https://agl2016.sustainability-report.com.au/system/files_force/downloads/agl_csr_2016.pdf [Accessed on: 13th September 2017]. Almeida, A. and Azevedo, A. 2016. A Multi-Perspective Performance Approach for Complex Manufacturing Environments. Journal of Innovation Management 4(2), pp. 125-155. Annual Report 2016. AGL Energy Limited. [Online]. Available at: https://www.agl.com.au/-/media/AGL/About-AGL/Documents/Investor-Centre/160828_AR_1587084.pdf?la=en [Accessed on: 14 September 2016]. Annual Report 2016. Westpac. [Online]. Available at: https://2016annualreport.westpacgroup.com.au/assets/Westpac_Annual_Report_2016.pdf [Accessed on: 14 September 2016]. Chenhall, R. H., and Smith, K. L. 2007. Multiple Perspectives of Performance Measures. European Management Journal 25 (4), pp. 266282. Gimbert, X., Bisbe, J., and Mendoza, X. 2010. The Role of Performance Measurement Systems in Strategy Formulation Processes. Long Range Planning 43, pp. 477-497 Iselin, E., Sands, J., and Mia, L. 2009. Multi-perspective performance reporting, continuous improvement and organisational performance. Accounting and Finance Association of Australia and New Zealand (AFAANZ) conference. Adelaide, Australia. Management Association and Information Resources. 2017. Decision Management: Concepts, Methodologies, Tools, and Applications: Concepts, Methodologies, Tools, and Applications. IGI Global. Ndungu, A.W., and Kwasira, J. 2016. Role of Reward Systems in Enhancing Employee Motivation in Commercial Banks in Nakuru Town, Kenya. International Journal of Economics, Commerce and Management 4 (10), pp. 797-820. Ranjan, R., and Mishra,U. 2017. Impact of Rewards on Employee Performance: A Case of Indian Oil Corporation, Patna Region. Journal of Business and Management 19 (6), pp 22-30. Safiullah, A. B. 2014. Impact of Rewards on Employee Motivation of the Telecommunication Industry of Bangladesh: An Empirical Study. Journal of Business and Management 16 (12), pp. 22-30. Striteska, M., and Jelinkova, L. 2015. The Characteristics of Effective Performance Measurement System: Case Study Analysis. Recent Advances in Environmental and Earth Sciences and Economics, pp. 290-295. Striteska, M., and Spickova, M. 2012. Review and Comparison of Performance Measurement Systems. Journal of Organizational Management Studies, pp. 1-13. Westpac Banking Corporation. 2017. [Online]. Available at: https://www.westpac.com.au/ [Accessed on: 13th September 2017]. AGL Energy. 2017. Corporate Governance. [Online]. 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Monday, April 20, 2020
Unilever Company
Abstract Unilever Company is operated by two parent companies which are Netherlands-based Unilever N.V. and UK-based Unilever PLC. It is one of the largest makers of consumer based goods. The product strategy, distribution strategy, communication strategy and pricing strategy that the company has applied over the years has been the main driving force towards its success. In addition, the company has majorly concentrated on the products preferred by consumers. Advertising We will write a custom research paper sample on Unilever Company specifically for you for only $16.05 $11/page Learn More Its entry in to developing markets has also fanned its growth and success. The reception in such markets was enormous thus any attempt to oust unilever from these markets has not been fruitful. It still dominates the developing markets and some of developed markets. Unilever Company profile Unilever Company is a top manufacturer of packaged consumer goods globally. It s products vend in more than 170 countries through out Western Europe, Latin America, Africa, Middle East, North America and Asia. The company offers several categories of products. The paramount sellers include mayonnaise, tea, soaps and antiperspirants. Unilever is the working arm of Unilever PLC and Unilever N.V. Mission statement ââ¬ËMeeting the everyday needs of people everywhereââ¬â¢ Product strategy Unilever is going by the inexpensive pricing strategy of Hindustan unilever limited in markets with recession such as the US. It offers products through dollar stores to consumers. This is a fraction of a recent Unilever strategy to increase its earnings from recession-hit emerging markets such as China, India and Brazil which have been growing more rapidly. Product strategy is considered a management process (McGrath, 2001). Distribution strategy Unilever has established plants in the 170 countries where their products are vended. The company distributes its products using the plant names in the market. For example in India, the distributor is Hindustan Unilever Limited. In UK, the distributor is Unilever PLC.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Anonymity conceals the companyââ¬â¢s significance. Unilever trades using brand names. Everyone knows its brand names. Distribution strategy must always be considered before marketing process (Rolnicki, 1998). Pricing strategy Unilever Thai Holdings Ltd, a large consumer products maker, have taken up a new pricing strategy, offering customers up to 20 per cent discount the usual prices of its products, and setting the phase for ferocious competition in this sector. The firm has reduced its marketing and advertising expenses to hold up the new strategy as more customers have less expenditure ability and confidence, as they are affected by the decrepit economy (Baker, 2010, et al.). Global busin ess environment and the countries selected market Currently emerging and already existing companies that produce similar products as unilever are restrategizing and entering the market. These companies have majorly concentrated in developed countries. This includes the whole of Europe, parts of Asia, South America and Australia. Although unilever vends its products globally, it has mainly conquered the markets in developing countries. These include Africa, Latin America and parts of Asia. It has divided its products to meet market specification. In these developing countries, the competition is low thus unilever enjoys the market dominance. Competitive environment As a result, of the competition in most countries unilever vends products in appropriate markets. Unilever manufactures consumer packaged products used mainly at home. Advertising We will write a custom research paper sample on Unilever Company specifically for you for only $16.05 $11/page Lear n More The stiff competition present in the 170 countries that unilever operates makes the company to perform selective vending. For example, the ice cream and dressings are not vended in developing countries like Africa, as there are low sales and are not considered basic requirements. Instead, they are retailed in Europe and some parts of Asia where there are more sales. The same applies to products like Omo, dove, Lux and Rexona which are majorly vended in developing countries. This is because they are considered basic requirements; as a result, there is a ready market. Target market Unilever has got a wide target market which includes both domestic and general utilities. These markets include drinks and domestic products. In each market, there are specific products that are retailed. The products include soaps, drinks, spreads (blue band) and ice cream (Kurtz, 2009, et al.). Communication strategy Unilever communicates with its customers by use of media and bill boards for ad vertisement. This is a strategy most companies employ. As a result, Unilever wants to use the Internet in order to perk up brand communication, advertising and on-line selling. It will also simplify business-to-business connections a long the distribution chain. Unilever has lately awarded an Indian firm an IT contract. Unilever has made contact with several software developers to facilitate this project. The use of visual and audio communication means is widely employed by many companies (Jones, 2008). Impact of culture Culture has played a big role in dragging and speeding the prosperity of Unilever Company. When the company first entered the markets in undeveloped countries, for example, Africa, it faced many challenges. The personal care and home care products that are vended in Africa took long to be accepted in the market. This is so because the communities were still conversant with their traditional modes of personal and home based care. Once these products were accepted, the presence of new products from other companies faced massive rejection. This resulted to their withdrawal. Thus, unilever products still dominated.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Key management issues Changes were recently made in the companyââ¬â¢s top administration. It has started selling off any subordinate companies that are earning less profit, and ââ¬Ëdecentralizedââ¬â¢ control of subsidiaries. The Head Quarter in Europe just scrutinizes profit margins and making sure they are maximized. This resulted in cutting of expenditure like reducing workers pay. References McGrath, M. (2001). Product strategy for high technology companies: accelerating your business to web speed. New York: McGraw-Hill Professional. Rolnicki, K. (1998). Managing channels of distribution. New York: AMACOM Division of American Management Association. Baker, W. Marn, M. Zawada, C. (2010). The Price Advantage. New Jersey: John Wiley and Sons. Kurtz, D. Mackenzie, H Snow, K. (2009). Contemporary Marketing. Toronto: Cengage Learning. Jones, P. (2008). Communicating Strategy. Gower Publishing limited. This research paper on Unilever Company was written and submitted by user Legion to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Sunday, March 15, 2020
Nan Goldin essays
Nan Goldin essays As a documentary photographer there is a certain knowledge that needs to be held of the subject matter. What makes Nan Goldin stand out is that all of her subjects are people who are closely involved in her life, and sometimes even herself, which gives her the ultimate knowledge. Her life is not mutually exclusive from theirs, and I think thats what gives her photographs a life of their own that is just as intimate as if we, the viewer, were actually there. The idea that many times she was photographing as a means of recording events of days and nights that she was unable to recall due to alcohol and drugs, makes her images have even more of an impact. Nan Goldin started photographing in Boston, taking pictures of herself and her friends in different costumes, and progressed on to photographing drag queens in their regalia. She continued with similar themes and grew to include the unavoidable aspects of her life, which were the affects, and occasional death, of those around her due to sexual and chemical addiction. These documentations evolved in to an intimate collection of sex, destruction, and self-reinvention. She gets right in to the personal space of her subjects, she is allowed this closeness because of the personal relationships with these people. There is a sense of trust between her and her subjects, the way they all have let down their guard and let her document them in compromising situations almost makes this a portrait of an entire lifestyle more than just the individuals. Of course it is her life, intertwined with the others, that eradicates the feeling of her imposing as a photographer, which is why h er images are so powerful. There isnt a feeling that anyone is putting on an act for her, which would diminish some of the documentary feel, everyone is comfortable in her presence which makes this a true document of the love and loss, and highs and lows of the dr ...
Friday, February 28, 2020
Sentencing and Corrections System Research Paper
Sentencing and Corrections System - Research Paper Example Sentencing and Corrections System Even though rehabilitation is one of the listed purposes of sentencing, its capability to achieve the goals has been questioned at length. On the contrary, incapacitation unlike the other retribution methods is the severest form of punishment that reduces the possibility of the criminalââ¬â¢s reversion for a specific period of time. According to Mackenzie (2001), the world has been witnessing enormous changes in the philosophy and practice of sentencing and corrections during the last thirty years. The early twentieth century justice systems emphasized more on rehabilitation, whereas, by the end of the century emphasis was given on fairness and justice, considering sentences as necessary. With the changes of time, the concept of sentencing was altered into a crime-control method that focused on incarceration intending to reduce the amount of crime in the community. According to Mackenzie (2001), the four essential and fundamental goals attributed to the sentencing process are retr ibution, rehabilitation, deterrence, and incapacitation. Retribution is based on the basic principle that those who break the law must be prosecuted. However, deterrence focuses the hardness of punishment. As a result, offenders are discouraged to commit any further crimes considering rationally the cost of punishment which is too hard. The process of Incapacitation physically confines the person into prison, providing him no further chance o commit any crime. On the other hand, rehabilitation tries to develop the offenderââ¬â¢s behavior thinking which may prevent persons from continuing to commit crimes. The sentences frequently meet several of these objectives in practice emphasizing the priority of them. However, emphasis of the methods is given to protect the public and the mechanisms are expected to provide public safety. The objectives and goals of punishment have been changing with the passage of time; and the number of persons under the correctional supervision in the Uni ted States has been enlarging rapidly. Variations in the philosophy and practice of sentencing and corrections can create significant impacts on the imprisonment rates. In the opinion of Mackenzie (2001), some of the issues during the mid twentieth century were the arguments for abandoning the rehabilitation model as well the demand for increased crime control through incapacitation and deterrence. Proponents asked for limitation off the authority of judges and correctional administrators on moderate criminal offences and to bring minimum mandatory sentences. However, everyone agree with the notion that crime prevention with the help of incapacitations is a major justification of justice. The overall impact also considers the impact on individual offenders, who are restricted by several Federal and State laws that deny the right to vote, hold offices, and engage in particular occupations. Sentencing has been affecting the state and federal corrections system throughout the years. Th e sentencing principle focused more on incarceration, having greater impacts on the total legal structure of the nation. As Blumstein (n.d) pints out, 12 percent of the increase in incarceration rates was due to more offenses being committed. Variations in the philosophy of sentencing and correction have a dramatic impact on the criminal judicial system. Even when some States did not alter to a determinate sentencing procedure, they undertook the changes to
Tuesday, February 11, 2020
Reflaction essay Example | Topics and Well Written Essays - 750 words
Reflaction - Essay Example he semester and from the number of essays I have written to meet the above objective, it is evident that my writing skills have gradually improved, and have partially met my objective of writing perfect mistake free essays, though there are still a few areas that need more efforts and improvement. One of the improvements that I have made this semester in effective writing is the ability to narrow down my thoughts to specific and narrow issue, which allows better coverage of the topic. In the water shortage essay that I wrote, I managed to narrow down the topic in addressing the problem of water shortage, specifically in Tucson, Arizona. Narrow topics are easier to cover and present ideas concretely rather than dealing with a broad topic that may not be addressed to a good degree of material coverage (Ferris and Hedgecock, 40). Another major improvement in the course of the semester is ability to formulate a narrow thesis to guide my essay in proper and systematic presentation of ideas. For example, in this essay, my thesis was based on issues that may lead to shortage of fresh water specifically in Tucson, which is a narrow area of coverage, and a specific objective that guided me in the entire essay as required in effective writing. Another improvement that I have made in writing skills in the course the semester is in using data to support my ideas, which gives concise information on the extent of problem being addressed. For example, in the essay in have noted that only 2.5% of water may be considered fresh water, and out of this, only 0.88% of fresh water is available for use to man currently. Such statistics and others as used throughout the essay makes the essay to be more authoritative in portraying the extent of the problem being addressed, which might not be perceived through the use of plain text in presenting these ideas. This has been my major breakthrough in research and presenting ideas. Moreover, I have improved in the use of references in
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