The Business Continuity Plan For A Dummy Variable

The Business Continuity Plan mediating variable represents the existence or non-existence of an established Disaster Recovery or Business Continuity Plan from Mergent Online (2016). The Business Continuity Plan is operationalized by a dummy variable. The MNEs used in the Business Continuity Plan mediating variable are same MNEs identified for the Terrorism Exposure and Breadth of Experience in High-Risk Countries independent variables. The Erosion variable operationalizes the negative moderating effect from deterioration or wearing away of performance resilience over time. In other words, the Erosion variable is indicating the recency of the terrorism incident. The Erosion moderating variable is measured as the number of days since the last terrorist incident using the difference of the Event Identification Number from Table 3 of the GTD (2015). The Severity moderating variable is measured using two different types of terrorism metrics from Table 2: 1) Economic or market based metric and; 2) Traditional terrorism metric. First, the economic value of the direct property damage, adjusted for time value of money, from terrorist attacks on the firm is cumulated using the Casualties and Consequences property damage data in Table 3 from the GTD (2015). Second the cumulative number of confirmed deaths from terrorist attacks on the firm is cumulated using the Casualties and Consequences fatality data in Table 3 from the GTD (2015). Finally, Company Size, Industry, CompanyShow MoreRelatedStudy Of The Airline Industry Resilience And The Terrorist Attacks Of 9 / 111219 Words   |  5 Pagesdependent variable of performance resilience. Data Analysis The research method relies upon the general methodological framework used by Gittell et al. (2006) in the study of the airlines industry resilience to the terrorist attacks of 9/11. This exploratory archival data analysis employs quantitative statistical techniques from the terrorism and international business literature stream. Initially, correlation analysis between the operationalized independent variables, moderating variables, controlRead MoreAttack Incidents On A Firm1831 Words   |  8 PagesTerrorism Experience is an independent variable representing the depth of proficiency, knowledge, best practices and insights that corporations, who were directly impacted by a specific terrorist incident, acquire from coping with the effects of terrorism. The Terrorism Experience is measured in terms of the cumulative number of terrorism incidents that directly affected the firm. The number of attack incidents on a firm is a Traditional type of terrorism measurement as categorized by Fre y et alRead MoreNetwork Penetration Testing2192 Words   |  9 PagesSoft  Copy Information b.  Ã‚  Ã‚   Obtain Top Managerial Personal Information, (Addresses etc) c. 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This text, Marketing research and information systems, reviews the role of marketing research and the techniques used to undertake market research, including questionnaire design and sampling and writing of a research report. The principalRead MoreProblems on Cost Accounting70221 Words   |  281 Pagesconfident that the provision of such education literature shall enable our potential chartered accountants to compete with the best in the world. 30th January, 2010 Mumbai CA. Uttam Prakash Agarwal President PREFACE With the fast changing business dynamics, fierce competition, globalization, complicated laws and transactions, there is tremendous pressure on the Chartered Accountancy students to acquire knowledge not only to clear examinations but also to build strong foundation for futureRead MoreOperational Management36687 Words   |  147 Pagestake a look at the diverse ways a student can prepare for careers in operations management. WHY STUDY OM? We study OM for four reasons: 1. OM is one of the three major functions of any organization, and it is integrally related to all the other business functions. All organizations market (sell), finance (account), and produce (operate), and it is important to know how the OM segment functions. Therefore, we study how people organize themselves for productive enterprise. 2. We study OM becauseRead MoreA Study on Customer Preference in Retail Store- Adani Store28361 Words   |  114 PagesGandhinagar have completed their grand project titled as â€Å"A STUDY OF CONSUMER PFERENCE IN GARMENT IN ADANI HYPERMARKET AT AHEMDABAD† in the year 2005-2006 in partial fulfillment of Gujarat University requirement for the award of degree of Master of business administration. Prof. S. Chinnam Reddy Prof. Siddarth Das Prof. Rajeshwari Jain Director Coordinator Grand Project Guide Date: __/__/2006 DECLARATION We hereby, declare

History of the Caribbean Essay - 1959 Words

Vacation has always been a way for people to escape the humdrum activities of everyday life. It is a way to escape from the real world and have a few days with nothing to worry about other than what to do. For some people, the idea of vacation is going somewhere warm and intriguing, a place that could keep a person entertained and captivated for days. For a lot of people, this place could be the islands of the Caribbean. The Caribbean is a place of wonder and draws thousands of people to it every year because of its diverse history and culture. The Caribbean islands are a chain of over 7,000 islands found in the Caribbean Sea, located directly south of Florida and east of Mexico. A majority of the islands found in the Caribbean are†¦show more content†¦It would then make sense that the Lesser Antilles would be the smaller islands of the Caribbean, which are typically the islands on the east end of the Caribbean Sea. These islands are not only vastly different, but the islan ds also have historical significance, beginning with Christopher Columbus. When Christopher Columbus and his crew sailed across the Atlantic Ocean they stumbled onto land that no one had any knowledge of in Europe. This new land quickly became known as the New World. This New World seemed to hold endless supplies of valuable materials that could greatly benefit the country of Spain. There was gold and all kinds of valuable minerals found in the land. The land was also full of fertile soil that would be perfect for farming and raising animals. The more of the land that was explored and discovered the more valuable it became. This new knowledge was sent back to Spain which then marked the beginning of colonialism. After Spain began claiming parts of this new land, other European countries began wanting land. These countries wanted a piece of this new, rich land that Columbus had discovered. The land provided endless possibilities and none of these countries wanted to miss out on it. E uropean countries began to colonize the islands, funding their colonies with the European Trading Company. Through the European Trading Company, the countries were able to obtain the value out of the land’s crops, furs, andShow MoreRelatedThe Caribbean History1095 Words   |  4 Pages Derek Walcott and Jean Rhys both have texts that use the fragments of the Caribbean history to create their texts. Walcott has mentioned in many essays and interviews how important it is for the artist to not become disillusioned and bitter about history. Rather, artists should make use of these fragments of European, African, and native Arawak/Amerindian, to reinvent and create a voice that entails all of those influences. 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SWOT Analysis of Next plc Free Essays

Abstract This report will analyse the corporate activities and position of Next plc, focusing on clothing, which is the company’s main product area. The report firstly provides an overview of the history and background of the company as well as mentioned the state of the clothing retail market. Following the introduction the report then goes into deep analysis of Next, beginning with identifying the company’s key strengths and opportunities for future success, before going on to explore certain dangers with the corporate decisions and its market structure. We will write a custom essay sample on SWOT Analysis of Next plc or any similar topic only for you Order Now 1. Introduction Founded by Joseph Hepworth in 1864 as a tailoring business, and still holds clothing retail at the core of its products. For this reason this report will focus on Next’s clothing products as they are the company’s main product lines. Next Has grown from a small tailor to now being a constituent of the FTSE 100 index and bringing in ?550 million profit in 2011 alone (Next Corporate 2011.) To accomplish this outstanding feat the company has a unique set of attributes that contribute to its success, which show both a strong current market position as well as an optimistic future. However, the industry Next operates in is fraught with uncertainty, as Key note publications (2000) saw that many clothing retailers have had to rethink their strategy, due to the â€Å"declining real prices and soft demand patterns.† Therefore Next also faces certain threats to the company’s future success. 2. Analysis of Next plc 2.1. Strengths and Opportunities A key strength held by Next is the company’s adaptability, which is crucial in the ever evolving retail market according to Morganosky (1997.) Examples of this can be seen by the company’s steps in next day delivery services and home shopping networks (Next Corporate 2011.) Next has identified the growing demand for online purchasing (More than ?50 billion is expected to change hands online according to Tong (2010.)) Next has also ensured that the new business initiatives centre around key themes such as quality customer service, for instance there is a standard next day deliver for orders placed before 9:00 p.m (Next Corporate 2011.) Actions such as this have helped the company create a trusting atmosphere with their online service, which is seen byMiyazaki and Fernandez (2001) as one of the biggest difficulties in online retailing. Harris and Goode (2004) found that establishing an atmosphere of trust will help ensure further customer loyalty and sales. Next’s creative and responsive approach to retailing envisions an ambitious future, as the company’s financial statements show increased turnover from eight out of the last nine years (Next Corporate 2011.) As economic performance is a significant factor for clothing retailers (Investopedia, Date unknown) Next’s success implies a bright future. Asides from its practical approach to purchasing in stores and via online methods, Next’s stance on corporate responsibility also deserves some of the credit for this future, as the company produces annual corporate responsibility reports outlining its â€Å"social, environmental and ethical performance† as well as setting clear priority areas such as a 4% energy reduction in the 2011 report. (Next Corporate 2011.) Whilst Verschoor (2009) found that 22% of employees said the recession has negatively impacted the ethical culture within their company, Next keeps its actions in line with Toor and Ofori’s (2009) belief that ethical management will mediate corporate culture, increasing the company’s reputation for the general public and for the company employees. The company’s attitude towards providing an environment where â€Å"employees are supported and respected† is believed to help motivate the workforce to better results (Wolinski and Coates 2005.) 2.2. Weaknesses and Threats Whilst Next plc has been largely successful in the retail business the biggest threat to the company is its highly competitive market. Key Note publications (2000) cites that the discount clothing brands in particular â€Å"still has considerable opportunities to take sales away from the standard clothing market.† As people still feel the country is in a recession, many will be more selective with how they spend their disposable income, for instance Gold (2011) mentioned that 70% of people have had either a pay cut or pay freeze. Certainly luxury products like the clothes Next offers are still in danger of substitute products, as seen by Porter (1985) as one of the five key threats to a company’s competitive advantage. This threat is more so in the case of Next as the products they produce are fairly standardised and so are replicated by competitors such as Topman and River Island. Porter (2008) cited how strategy â€Å"rests in unique activities† and so the issu e the company faces is that with low priced clothing manufacturing available globally, how can it make its products unique to ensure future sales. As the clothing retail market is based primarily on price competition, any aspect of customer loyalty to a store or brand is severely diminished. Next’s reliance on its competitor’s prices showcases a kinked demand curve scenario, which was identified by Maskin et al (1988) as problematic for companies as their power over their own profit margins is reduced. It could be argued therefore that Next has little power to change its own profits as the company cannot control either the price or demand for their products. In addition, Padmanabhan (1997) acknowledged that retail clothing is a particularly uncertain market, due to the disposable income people spend on such products and the seasonal cyclical implications (for instance breaking news (2011) found that the snowy winter of 2010/11 significantly affected Next’s high street sales as people were not venturing out to buy clothes.) 3. Conclusion To conclude, Next plc is currently a tremendously successful organization, as shown by both its financial successes and its innovative stance on new aspects of clothing retail, such as online shopping. Next’s biggest strength is clearly in the company adaptability, which is crucial in the ever changing clothing retail market. In regards to the company’s future successes, Next has appeared to succeed in increasing its sales despite the recent economic recession. The company’s adaptive approach in addition to its strict stance on corporate responsibility puts future sales growth as a strong possibility. However it is also clear that Next operates in a very turbulent market. Certain academics point towards a shrinking demand for luxury products due to economic circumstances. This threat is intensified by the company’s lack of a unique selling point in its products and an unconsolidated market power, which indicates that the company’s future successes e ven if significant are out of its own control. Therefore the ideal recommendation implied is for Next plc to create a more unique appeal for its clothing lines to ensure its future successes. Also, review FREE Dissertation Topics right here 4. References Author unknown (2011) UK retail sales figures to reveal impact of snow. Breaking News, available from http://www.breakingnews.ie/business/uk-retail-sales-figures-to-reveal-impact-of-snow-490182.html. Accessed on 04/02/2012. Gold, T. (2011) Beside the horror of recession, something gaudy is stirring †¦ The Guardian online, available from http://www.guardian.co.uk/commentisfree/2011/oct/07/ftse-luxury-goods-sales-soar. Accessed on 04/02/2012. Harris, L.C. and Goode, M.M.H. (2004) The four levels of loyalty and the pivotal role of trust: a study of online service dynamics. Journal of retailing, Vol 80, Issue 2, pp. 139-158. Investopedia (Date Unknown) The industry handbook: The retail industry. Available from http://www.investopedia.com/features/industryhandbook/retail.asp#axzz1l3ZtOgbw. Accessed on 01/02/2012. Key note publications Ltd (2000) Clothing retailers market assessment. Available from http://www.researchandmarkets.com/reports/3557/clothing_retailers_market_assessment. Accessed on 04/02/2012. Michelle A. Morganosky, (1997) Retail market structure change: implications for retailers and consumers. International Journal of Retail Distribution Management, Vol 25, Issue 8, pp. 269- 274. Miyazaki, A.D. and Fernandez, A. (2001) Customer perceptions of privacy and security risks for online shopping. The journal of consumer affairs, Vol 35, Issue 1, pp. 27-44. Padmanabhan, V. (1997) Manufacturers return policies and retail competition. Marketing science. Vol 16, Issue 1, pp. 81-94. Porter, M.E. (1985) Competitive strategy. Free Press,New York, 1985. Porter, M.E. (2008) What is strategyHarvard business review (November – December 1996: 61–78.) Next Corporate (2011) Business overview. Available from http://www.nextplc.co.uk/about-next/business-overview.aspx. Accessed on 01/02/2012. Next Corporate (2011) Corporate responsibility reports. Available from http://www.nextplc.co.uk/corporate-responsiblity/corporate-reports.aspx. Accessed on 01/02/2012. Next Corporate (2011) Financial summary. Available from http://www.nextplc.co.uk/financial-information/financial-summary.aspx. Accessed on 01/02/2012. Next Corporate (2011)Our History. Available from http://www.nextplc.co.uk/about-next/our-history.aspx. Accessed on 01/02/2012 Tong, L. (2010) Online shopping statistics: July 2010. Availabble from http://www.brightlemon.com/blog/online-shopping-statistics-july-2010. Accessed on 01/02/2012. Toor, S.R. Ofori, G. (2009, Online; Business Source Premier) Ethical Leadership: Examining the Relationships with Full Range Leadership Model, Employee Outcomes, and Organizational Culture. Journal of Business Ethics, Dec2009, Vol. 90 Issue 4, p533-547, 15p, 5 charts. Accessed on 21st Feb 2010. Verschoor, C. (2009) Are We Experiencing an Ethics BubbleStrategic Finance, Vol 91, Issue 7, pp. 10-13. Wolinski, J. Coates, G. (2005) A2 Business Studies. Phillip Allen Updates. How to cite SWOT Analysis of Next plc, Essay examples

Stakeholder And Issues Management Approach â€Myassignmenthelp.Com

Questions: Why There Is A Requirement For The Work Ethics In An Individual? As Per Me What Can Be Considered The Most Crucial Workplace Ethic? What Could The Important Workplace Ethics In Ones Organization? What Could Be The Possible Two Workplace Ethics That Needs To Be Possessed? Does The Ethics In The Workplace Ultimately Helps In Improving The Level Of The Performance In An Employee? Answers: Introduction The workplace behavior and ethics is regarded as a crucial part for the employment that has aspects that can assist ones efforts to be profitable. These two important aspects are based on the performance that has high morale and teamwork for its success. The key component of any workplace is the behavior and the ethics of an individual. The ethical behavior tends to be good for the business that involves demonstrating the key moral principles that includes dignity, equality, diversity, honesty, fairness and the individual rights. Integrity plays an important aspect in the workplace that means for instance the employee of any organization who would like to register cash is expected to balance the deposit and the drawer of the correct amount. In this report, Significance of the work place ethics In this section, the conditions of the business have to be on a quick pace and be profoundly aggressive. In order to maintain that pace and be ahead there is a need for the organizations to assure that the workplace ethics is maintained in a proper way (Lowery, Duesing and Beadles 2014, p.408). The key characteristics for an example is the co operation, appearances, participation and the mentality that will help in increasing the value of oneself as well as that of the organization. A strong ethical culture in any business organization will help in safeguarding ones assets, which is really an important thing (Mukherjee, Bhattacharjee and Singha 2016). The employees need to abide by the workplace ethics so that the company may also invest in the employees in respecting and protecting their assets. The company needs to specify what the acceptable behavior is and what is not in the organization, when they are hiring the employees. There is a need to summarize the expected conducts that is required in the description of the job or during the process of the interview. (Verschoor 2013, pp. 11-14) The guidelines that need to be typically addressed on the topics like the work culture, language and the harassments. There is a need to follow the codes of conduct that may receive verbal and written warnings and may be ultimately fired. The key component of the workplace behavior and ethics is to maintain integrity, be honest, or always do the right things (Taylor and Pattie 2014, pp.595-616). For an instance an employee of a health care needs to work on ones psychically or mentally challenged patients that must possess an integrity of high degree that needs to be managed and worked primarily with money. There is a need for integrity amongst the workers that will avoid sneaking and gossiping in the workplace. Accountability is like taking actions for ones responsibility that is another major factor. This means that arriving on time or showing up on the scheduled workdays is like putting an honest effort in the job. The workers need to exhibit the accountability so that it remains honest even when the things go wrong and then work towards the resolution that needs to be professional all the time (Mitonga-Monga, Flotman and Cilliers 2016, pp. 326-333) There is a need for teamwork in any workplace and this co ordination of the work with one another will help one to improve ones skill as well as ones productivity (Holmquist 2013, pp. 2221-2236). There is a need to include everyone in it from the peers to the supervisors and the customers even. Not all the employees will be found to like each other but they need to set aside their personal grievances during the office time. When these issues will be resolved, the organization will start to prosper and their growth can be seen. In some of the instances, the people who are not considered as the team players might often face demotion or termination. Whereas on the other hand it can be said that those who can easily work well with others can easily work alone (Michaelson et al. 2015, pp. 77-90). Even when the teamwork has an outweighing level of the performance, the organization might face a problem. In case of the commitment, there is a need for a proper guideline that will help the people in the workplace to make a comparatively high level of importance in the level of the dedication. There is a need to possess the necessary skill that is quite essential and has a strong work ethic along with a positive attitude towards carrying the job in a long way (Hartman, DesJardins and MacDonald 2014). There is a need for dedication that has been viewed in the world of business that is contagious and it means that the employees are strong enough to control the efforts and inspire them as well to their co workers. The work place ethics is regarded as an integral part that helps in fostering an increased amount in the productivity level and in the teamwork amongst our employees. This will help in aligning with the various values in the business of the organization. hence by achieving this it helps in the integrity, community and the open mindedness of the employees. The ethics will enable one worker to feel a strong bond in the alignment between their values and those in the business(Chiang and Tseng 2016, p.46). They often show such strange feelings that has been increased through the motivation and productivity. The public image will help one to earn a lot of respect and there is an immense need to cultivate it through a strong image when making choices in the ethical issues. For example, there is a need to fulfill the corporate social responsibility by minimizing the waste discharges from the business. The publics need to consider the business by operating it through an integral and honor way while valuing the people over the profits (Ewest 2015, p.12). There is a need to build strong image through the various ethical conducts that needs to be earned by the clients. The customers need to develop the trust and also to build the business in a strong way in the organization (SHENOY 2016). There is a requirement for the proper attendance amongst the employees that is a compulsory thing in making it build a guaranteed achievement in the maintenance and the objectives of the workplace ethics (Adeyeye et al. 2015). This learning opens up an entryway that presents an open door for the career orientation of the individuals. As one enters the working environment, there is a requirement for the ethical code of conduct that is much important in order to meet the convenient commitments so that it becomes a quick paced condition. An individual must possess a workplace ethics and that will eventually help the organization. One must possess the ethics that includes honesty, corporate standards and several other morals that is important. In order to sustain the organization just like the organization needs to provide and help various facility to the employees and the later should assure of providing and helping the organization by enhancing its own self. None can survive without the help of the organizational workplace ethics. As per the Kolbs learning theory, there is a requirement for the introduction of new ideas that is primarily based on the various inconsistencies that is found in the understanding and the experiences of the ethics. Morality and behaviour can be considered the two most crucial workplace ethics. A strong ethical culture in an organizational business helps in safeguarding ones assets. The employees who abide by the ethics of the workplace would be able to respect and protect the assets of the business. The environment should have an integrity and strong ethics ins ensuring the performance of the work culture. From the reflective observation of the Kolbs learning theory, thee workplace ethics that are most important can easily be identified. Cooperating with one another and maintaining a healthy workplace environment is something that is quite essential as a workplace ethics in any organization if seen from my point of view. The essential ethics in the workplace includes the corporate standards, morals, principles of direct, code of training or organization theory with respect to the duty to workers, investors, shoppers, the earth or whatever other parts of society outside to the organization. There is a need to build good relationships and healthy work culture by maintaining the work environment. The active experimentation that one has been influenced from in the Kolbs cycle is primarily based on those that can be applied from around the world when it comes to the results. Maintaining the team work and an integrity can be considered as the two possible workplace ethics. Team work is required in every organization that will eventually help the organization in many beneficial programs in their long run. Integrity must be possessed by an employee that includes being honest and holding strong moral principles. Possessing these qualities will help one to improve and cultivate their own self in a better way in the workplace. From the Kolb s learning cycle it is quite evident that these integrated processes has helped in understanding the two most essential workplace ethics. Yes, certainly I do believe that work place ethics will help one in improving the level of their performance. This will ultimately help one in various stages of life even if they are not working in that same organisation. The workplace does vary from place to place to some extent, but the basic few remains the same. From the Kolbs learning cycle, it is quite evident that the reflection on the observation in the experience can be viewed on the basis of the particular importance that is based on the various inconsistencies that is primarily based on the understanding and the experience. Conclusion The workplace ethics is almost a standout that is considered the most basic issue in the business world and particularly in the human resource management. The moral cultural association helps in providing directions and guidance from different ranges with a specific goal to make symphony, moral and united workers. The code of the ethics is made on a decent marker in the association that has the responsibility of accepting the requirement that is solely for the moral practices and also has the power of executing it. The work ethics needs to be alluded in order to come up to a social standard that needs support of the individuals in order to become accountable so that it can charge their work the way they light up the conviction in the work that has bought an inborn incentive to that person. As per the corporate code of ethics an announcement can be made on the various morals, principles of direct, corporate standards and the codes of training that is regarded as the duty of the invest ors, shoppers and workers that has to be on earth or any other part in the world. The impression of the representatives is to make the moral association of the atmosphere to be fully observed and identified making their work completely fulfilled in an authoritative duty that makes the performance of the organization. The appraisals due to the performance by the companions and the employees is to make such a technique that will help in measuring the execution of their work. The work place where the needs to make their performance seen through the conduct of the humans with an evaluating angle. The workers need to conduct and show at their work those which is not identified and has a specific side in most of the parts that is on how well one performs his or her duty. 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