Text Essay Example | Topics and Well Written Essays - 2250 words

Text - Essay Example ork-life balance issues, leisure benefit systems related to conflicts of between leisure and work, and work-family conflicts that would influence turnover intentions. This study explored the perceptions of employees in the hotel industry on issues of balancing work and life activities. In particular, the study sought to assess hotel workers for their views on issues of work-life balance as well as uncovering attributes brought dilemma for the work-life balance. In addition, factors affective general perceptions over balance of work and life were studied and suggestions for improving policies developed. These objectives are of great relevance to the hotel industry and led to an experimental study. The study identified the methodology applied in collecting information as the questionnaire survey method developed through literature review and pilot qualitative research (Wong & Ko, 2009 p197). This was desirable to ensure the research instrument was consistent with the existing literature as well as with the current situation in tourism hotel sector. The pilot research involved 24 detailed interviews classified into three categories: HR managers working in hotels, hotel workers from different levels, and professionals in the industry and government bodies. These interviews would gather rich information for the study and involved throbbing open ended, semi structured questions formulated in Chinese and English languages to cater for the diversity of the sample used (Wong & Ko, 2009 p197). The questions were translated from either English or Chinese and back to ensure no cultural or workplace bias was present. 24 individuals consisting of academia, HR professionals, master students in universities pursuing hospitality management, management staffs in hotels and hotel workers participated in the pilot study conducted in two phases. The diverse sample increased the reliability and appropriateness of the data. The data collected was analyzed using the dendrogram method in

Pestel Analysis Of The Auto Ancillary Industry Economics Essay

Pestel Analysis Of The Auto Ancillary Industry Economics Essay Auto ancillary industry is an important segment of the economy in any country. The Indian auto industry has the potential to emerge as one of the largest in the world. Presently, India is The largest two wheeler manufacturer in the world. The largest three wheeler market in the world. Second largest two wheeler market in the world. The fourth largest commercial vehicle market in the world. Auto ancillary company comprises of OEM (original equipment manufacturers). Replacement Market. The automotive sector in India contributes to 5% of the nations GDP. This envisages the Auto ancillary sector output reaching a level of $145 billion accounting for more than 10% of the GDP by 2016. PESTEL ANALYSIS There are many factors Consists of internal environment and external environment will affect the decisions of the managers of any organisation. This analysis is essential for all organization before beginning its marketing process. 3 Investments in Industry Foreign Investments: India enjoys a cost advantage with respect to casting and forging as manufacturing costs in India are 25 to 30 per cent lower than their western counterparts. Seeing the growing popularity of India in the automotive component sector, the Investment Commission has set a target of attracting foreign investment worth US$ 5 billion for the next seven years to increase Indias share in the global auto components market from the existing 0.9 per cent to 2.5 per cent by 2015. Â · French tyre major, Michelin, has gained clearance from the Foreign Investment Promotion Board (FIPB) for its US$ 2.26 billion Foreign direct investment (FDI) proposal to set up a manufacturing facility in Tamil Nadu. Â · Ford motor car is investing about 500$ million (Rs. 2,445 cores) to double capacity at its India plant, which will Become a strategic global production hub. Â · Bosch will continue to maintain its focus in India in spite of global recession as it is planning to set up manufacturing units for electronic control units (ECU) by investing US$ 26.76 million. Â · Renault in association with Nissan is to source USD 440 million worth of auto components from India in the coming years. Â · Italian car manufacturer Fiat is planning to increase sourcing to USD 330 million by 2010 and make India its global sourcing centre. Â · Volkswagen has set target to capture 8-10 percent of market share in the passenger car segment in India by 2014 with a series of launches and by doubling the number of dealers. Domestic Investments: The market is so large and diverse that a large number of players can be absorbed to accommodate buyer needs. The Sector not only has global players looking to invest and expand but leading domestic component companies are also pumping in huge sums into expanding operations. Indian tyre makers are rolling out investment plans worth US$ 1.24 billion, due to the rising popularity of radial tyres in the commercial vehicles segment. Some other investments include: Â · Hero Motors will invest US$ 19.84 million in association with Austrian firm BRP Power train for manufacturing Automotive transmissions in India. Â · Indian arm of Swedish automotive component maker SKF is investing US$ 30 million in new ball bearings manufacturing plant at Haridwar. Â · Mahindra Mahindra will invest approx US$ 400 million for setting up an integrated auto facility in Tiruvannamalai(Chennai). Â · an auto park is coming up near Hyderabad with investments worth over US$ 409.30 million from around 34 automotive ancillary units. A lower labour cost gives Indian auto ancillary companies an absolute cost advantage. ACMA numbers suggest that wage cost accounts for 3% to 15% of revenues for Indian manufacturers as compared to 20% to 40% for US players. Historically, Indias strength in exports lies in forgings, castings and plastics. But this is changing with more component manufactures investing in up gradation of technology in recent years. DEMAND SUPPLY SCENARIO Demand supply scenario Demand is generated from two segments namely OEMs and replacement markets. The volume of demand varies by product segments. The replacement market has 45 percent of its sales coming from unorganized players. There are no regulatory standards prevailing in the market. The level of technology is not sophisticated in the replacement market. The replacement market is a safe bet even when the economy faces a slowdown. Hence, it looked as an area of focus by major players of the auto component industry. The margins in the replacement market are generally higher because of low cost operations and counterfeit sales. Success in the organized market depends on the presence of an established brand name and a wide distribution network. Unorganized sector enjoys huge advantages over the organized players in terms of excise duty exemptions and lower overheads. The suppliers to OEMs have to adhere to requirements of high quality, tight delivery schedules and lower margins. Duty structure Regulations Government Policies: Reduction in excise duties in select segment of automobiles. Extension of tax holiday for 100 per cent export oriented units (EOU) until 2010-11 will benefit only players with established EOUs. Scheme to provide enhanced Export Credit and Guarantee Corporation (ECGC) cover at 95 per cent has been extended up to March 2010. This scheme will assist players to mitigate risk of payment defaults in the export market. Automatic approval for foreign equity investment up to 100 per cent of manufacture of automobiles and components is permitted. The automobile industry has been delicensed. There are no restraints on import of components. Free Trade Agreements: The growing number of FTAs (Free Trade Agreements) that are being signed by India with countries like Thailand, Singapore, China etc is likely to hurt the domestic players as they pay a relatively higher duty of around 25% as compared to 1%-10% being paid by its Asian counterparts. P- POLITICAL FACTOR Political factors the most important influence on the regulation of any business. How stable is the political environment Influence the Government Policy / Law on your business Governments position on Marketing Ethics Governments policy on the economy Governments view on culture under religion Political System is responsible for Law Making. Immediate laws which affect any business in general are Central Excise, Sales Tax/ VAT, Corporate Income Tax, Personal Income Tax Service Tax Controls if any on Marketing Strategies Like Marketing / Advertising of Cigarettes, Tobacco, Alcohol etc. Government Policies on the Economy Role of Public Sector Role of Private Sector Role of Joint Sector E- ECONOMIC FACTOR Inflation Employment Disposable income Business cycles Energy availability and cost Government outlook towards Bank Financing Interest Rates Exchange Rate Mechanism Incentives for Exports Restrictions for Imports Inflation Labour Policies Level of Government Spending Avenues for Capital Creation Size of the Capital Market Role of the Regulator Type of the Instruments Nature of the Investors Business Cycles Monsoon Energy Availability Cost of Energy S- SOCIO CULTURAL FACTOR Demographics Distribution of income Social mobility Lifestyle changes Consumerism Levels of education Demographics Distribution of Income Division of population Male / Female Age Group of the Population Disposable Family Income Disposable Income in the hands of the different Age Groups Education Level of the Age Groups Life Style Changes Consumerism Attitude to living Different Age Groups In tune with available disposable income Thrust on taking care of present needs by spending than saving for the future. Joint living and nuclear families Availability of various media tools Reach of the media to the population T- TECHNOLOGICAL FACTOR New discoveries and innovations Speed of technology transfer Rates of obsolescence Internet Advantage of Technology In terms of Economies of Scale E- ENVIRONMENTAL Environmental factors include the weather and climate change. Changes in temperature can impact on many industries including farming, tourism and insurance. With major climate changes occurring due to global warming and with greater environmental awareness this external factor is becoming a significant issue for firms to consider. The growing desire to protect the environment is having an impact on many industries such as the travel and transportation industries (for example, more taxes being placed on air travel and the success of hybrid cars) and the general move towards more environmentally friendly products and processes is affecting demand patterns and creating business opportunities L- LEGAL Discrimination law Consumer law Antitrust law Employment law Health and safety law CONCLUSION The auto ancillary industry is in the growth phase. As, the auto sector grows, the auto ancillary sector also grows. The industry is graduating towards the world-class technology by implementing TQM, TPM and Six-Sigma. India is becoming the global manufacturing hub for the small cars. European companies are expressing interest in India for sourcing their needs. Many other companies are looking to consolidate their global operations; India is now a supplier of high value and critical automobile components to global auto makers such as General Motors, Toyota, Ford and Volkswagen. India is expected to soon become a destination for sourcing the auto components. The Automotive Mission Plan 2016, states to increase the turnover to $145 billion and increase the export revenue to $35 million by 2016 and also to provide employment to 25 million people. With investments around US$ 15 billion slated for the sector over the next few years, the prospects for Indias auto market are bright. The results for the month of November and December2009 of the auto sector and the improved sentiments have already resulted in the BSE Auto Index outperforming the Sensex over the last one year. Therefore, the auto component industry is expected to grow in the near future. SUBMITTED BY: PANKAJ KUMAR YADAV

us patriot act :: essays research papers

There are many issue with the Patriot Act. Yes it has prevented many attacks on us from terrorists, but would you really want to give up so much freedom in order to have better control of terrorists. Many people would support the act since it does offer more protection against those attacks. Other however, would totally disagree with the act. The Patriot Act is actually violating many of our Constitution rights. The act will allow the government rights to look into your personal life. If the government has enough proof this act will give the opportunity to look into your personal items such as phone taps, electronic communications, and even what is in your bank account. As a person would you really like to have the government go thourgh your personal life and belongings, just for a little more protection.   Ã‚  Ã‚  Ã‚  Ã‚  The government has set up a boundary that allows them the chance to go into your personal lives. The main reasons that are noted that would give them a chance to violate your rights as an American. As noted on web page http://www.epic.org/privacy/terrorism/usapatriot/, that only a certain event will allow a certain individual the chance to allow such things as wiretap. This will occur if an individual is committing one of a list of immune rated crimes, if that happens the communication concerning that offense, and the facilities in which the offender has used in connection with the offense. The only persons that came allow an interception would be only designated officials. The interception is only valid for a certain length of time. In order for a wiretap to be conducted it has to be authorized by a Judge that feels that it would be beneficial to the country. The USA Patriot Act, also known as the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, was set up in order to offer a greater feeling of security to Americans, however, I don’t feel that the Americans really know what the Patriot Act really stands for and what it will do to our rights as Americans. The bill was passed and signed into law by President Bush on October 26, 2001. The Patriot Act was a lot like

Urbanization as a Social Problem

How is urbanization negatively effecting our society The answer to this question is not a simple one. This essay will not only break down the problems of urbanization in the United States, but it will also tell you some of the attempts made to fix the problem and give some solutions as to how it could possibly be solved in the future. Also when answering this question one must understand that urbanization, can not be stopped, but only contained in a manner that will help the United States to function better as a country. The more densely populated and more heterogeneous a community is, the more accentuated characteristics can be associated with urbanism. Urbanism causes decrease in per capita, and promotes urban violence, political instability, crime and aggressive behavior. Rapid population growth in urban areas also perpetuates poverty. Another major issue being created by this social problem is the breaking of the traditional family structure. Our cities are not working well! Sanitation, safety, transportation, housing, education and even electricity are failing. These are all responsibilities of the government or it is at least their job to regulate these services deemed to be monopolies. And it is a known fact that monopolies deem toward inefficiency. Functionalist look at our cities as a means to profit. Cities are a place where everybody visits, and therefor vendors can raise their prices and profit more on their products. For example, from my own personal experience, I bought a pack of cigarettes for $3. 00 at my local gas station, and when I visited inner city Orlando, I bought the same brand of cigarettes for $4.0 . This is just a minor example, and most of the residents in an urban area are in poverty and have trouble affording the $3. 00 pack if they smoke much less adding a dollar to the already ridiculous cost. In the United States, the breaking of the traditional family structure is an issue that has become increasingly noticeable in recent years, particularly in urbanized areas. The traditional, mom and dad, and children are rarely seen in the inner cities any more. There is a weakened bond of kinship, and declining social family significance as America has transferred industrial, educational and recreational activities to specialized institutions outside of the home. It is depriving families of their most characteristic, historical functions. While individuals pursue their own diverging interests in their educational, vocational, religious and recreational life. With divorce rates rising, delinquency is also becoming more of a problem than before. With single parent families, children lack in the authority department due to the lack of the amount of time their parents have free to raise them. These specialized institutions often help, but can not replace the role of a child s guardian. As long as the divorce rate continues to increase, delinquency will continue to increase in these areas as well. The density of people reinforces effect of numbers in diversifying people and their activities and increasing the complexity of the social structure. The variations of people give rise to segregation of people by race, religious practices, ethnic heritage, as well as economic and social status. Segregation often creates much tension and prejudice between social groups. This can cause physical or mental damage to individuals or society, which means that sometimes people may permanently suffer before any action is taken to solve the problem because the delay in action is most often the result of people underestimating the problems. As for racism and segregation, there is not much that can be done to fix these problems. Individuals will always have their own opinions no matter how ignorant, and the only thing we can do is to hope that these problems die out as we desegregate our communities. People will choose their destination or place of residence according to many different ideals and needs, for example what fits their budget. Political pathology and population growth is closely related because of the population change and this change carries with it a high likelihood of social disruption. Government assumes major responsibility for development attempting to meet rapidly increasing demands for education, housing, agriculture and industrial development, transportation and employment. The government s budget is not distributed equally mainly due to differentiation in areas. Areas with higher income will have higher income and therefor will obviously have a higher budget to work with. Urban areas are usually lacking in the financial department. Therefor they are not able to repair all the problems in which need to be fixed in these areas, such as sanitation, education and many other categories. America has hired approximately fifty percent more teachers in the last few years than have been hired in the past, but the increase in population keeps the classrooms just as large. The effort does not meet the need; thus the problem remains as strong as ever. Due to the overpopulation in urban areas and the lack of employment opportunity, the crime rate is also a huge problem in which they are faced with. Also the lack of the traditional family structure and weakened bonds of kinship weaken the moral of the children growing up in the urban areas. These children grow up in poverty and usually look at crime as a quick and easy way out. The problems in urban areas are far more, than can be handled in any short term efforts. We can only hope to contain them, and attempt to make sure that no more problems arise from the already existing ones.

Parenting styles Essay

1.What are the different parenting styles used by families? Which do you think is better? Why? The three different parenting styles used by familes are authoritarian style, permissive style and democratic style. In my opinion, the better style of the three is the democratic style. Reason being, I believe kids should be disciplined and learn how to behave in a controlled environment for the future, but I also believe children should have their voices heard. I also believe that kids should make their own decisions in life because they wont have their parents their whole lives and need to learn how to live and make decisions on their own. The democratic style of parenting allows this to come into play. It is stern with the rules, but allows freedom for the children to make their own life choices, within reason. 2.What makes a person ready for parenthood? When should an individual consider entering parenthood? Who should postpone parenthood? Should everyone become a parent eventually? Do you think some people should not become parents altogether. A person who’s ready for parenthood is one who has a stable job and income. One who can support the financial and emotional needs of a child and one who is ready to take on the responsibility of a life. An individual should consider taking on the task once they have a stable income, job and can provide for the child. One should also consider becoming a parent when he/she feels it is the correct time to do so. One should postpone parenthood if they feel as if they cannot be there 100% for their child. If they cannot financially support themselves, then they should not take on the responsibilities of caring for another life, especially one who cannot care for themselves. I don’t believe everyone should become a parent eventually. If you are not the caring and nurturing type of person and would not be  content with caring for another life, I do no think it would be a good idea to have a child. Some people are just not cut out for parenthood. Becoming a parent takes a lot of sacrifice. Whether it may be holding off on climbing the ladder of success or taking personal time away, parents are always sacrificing themselves for their children. If one is not ready for that type of commitment, then they should not enter the world of parenthood.