Wednesday, April 22, 2020
Swot Analysis of Nestle Essay Example
Swot Analysis of Nestle Essay The target market of Nestle MilkPak is upper middle and high class because lower middle and poor class cannot afford to buy UHT milk due to its premium price. †¢Ã‚        It is a main weakness of MilkPak that there are different companies of milk but the name of nestle MilkPak is always stand in the last because of low advertising and marketing. OPPORTUNITIES:- †¢Ã‚       There are substantial growth opportunities considering the average yield of Pakistani animals at only 1,100 liters/annum as compared to 6,000 liters/annum for animals in Europe and USA. There are nearly 20 million milk producing animals in the country, mostly in Punjab (80%). †¢Ã‚       The overall milk market in Pakistan is 20 billion liters, out of which processed milk contributes only 3 million liters. Nestle MilkPak along with other processed milk businesses contribute only 2% to this large market. Nestle MilkPak has expanded its product range by entering the cold dairy market recently by launching Nestle plain yogurt and now fruit yogurt is also added to it.        To expand the cold dairy products range, Nestle fruit yogurt is the latest addition to this group. †¢Ã‚       The cold dairy market offers many opportunities for the company which can capitalize these products by banking on its superior quality milk. †¢Ã‚       The coffee brand also offers many opportunities for the company to expand by tuning the taste of the masses towards coffee. We will write a custom essay sample on Swot Analysis of Nestle specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Swot Analysis of Nestle specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Swot Analysis of Nestle specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Credit policy can be adopted to increase sales. †¢ Increase advertisement can help growing market share. Cost effectiveness if maintained can increase sell of the product. THREATS:- †¢Ã‚       Price fluctuations due to rupee devaluation as raw material are imported. †¢Ã‚       The uncertainty of economic conditions poses a great threat as the major funds invested in the country come from outside Pakistan. †¢Ã‚       The present economic crisis in the world, led to the withdrawal of foreign management from the company and the investment has come to a halt. †¢Ã‚       Competition with Nestle’s owns smuggled brands.        Effect of Seasonality’s upon sales. †¢Ã‚       Imported raw material, in some of the company’s products. †¢Ã‚       Market segment growth could attract new entrants. †¢Ã‚       Economic slow down can reduce demand. †¢Ã‚       Two main competitors Haleeb and Olpers are main threat for MilkPak especially the Olpers is growing very fast. †¢ Inflation is getting higher and higher so the purchasing power of the people is decreasing day by day. †¢Ã‚       There is no entry barrier for new entrants as the Olpers has come in the market.        Taste of consumer has already developed which is hard to change. †¢Ã‚       Current market situation SWOT Analysis Nestle Milkpak Strengths: †¢ Strong Brand image †¢ Quality Milk †¢ Milkpak is known as the best UHT milk in Pakistan due to consistency in quality. †¢ Focus on research and development Weaknesses †¢ Very low Marketing Campaigns Opportunities Milkpak brand may get entire or about entire market share by availing opportunities in Market that includes †¢ Health Conscious people †¢ Increased knowledge of health Competitors are not having any Ad campaign right now Threats †¢ Competitors may get better time and space in different Media There is no loyalty for as far as milk is considered. †¢ Quality is not being satisfied and taste as well by new comers. †¢ They can start their marketing Campaign and Milkpak may loose market share †¢ Nestle is facing the problem that is regarding the quality of milk. It is being perceive that infant or child belonging to poor family who use low quantity of milk then required in daily use are getting affected. Price is also a factor. Milkpak comprises 50% of profit of firm. That’s why price compromise can not be done. †¢ Firm is not advertising the milkpak on its official web site in first view although it is giving highest profit to firm. †¢ High collection of milk is required along with the presence of competitors. †¢ Credit system is not possible for firm as being given by local loose milk producer. †¢ Nestle is operating in a number of dairy products and milk allocation is first settled for other brand and then for milkpak.
Monday, March 16, 2020
How do Jacobs and Dickens create a foreboding atmosphere and build up tension in The Monkeys Paw and The Signalman Essays
How do Jacobs and Dickens create a foreboding atmosphere and build up tension in The Monkeys Paw and The Signalman Essays How do Jacobs and Dickens create a foreboding atmosphere and build up tension in The Monkeys Paw and The Signalman Paper How do Jacobs and Dickens create a foreboding atmosphere and build up tension in The Monkeys Paw and The Signalman Paper Essay Topic: Literature The Black Monk The Haunting Of Hill House To Build a Fire The main idea of a mystery story is to give the readers something to wonder about. You have to give them the clues one by one and lead your reader to a conclusion they werent expecting. A good mystery story will keep a reader guessing until they see the final twist and then everything they didnt understand before fits into place. This is definitely true in The Signalman. One of the techniques that Dickens uses to create a feeling of uneasiness and tension can be seen right from the very beginning. In the very first paragraph there is a sense of the unexplained: There was something remarkable in his manner of doing so (instead of the signalman looking up to where the narrator stood, he turned himself about, and looked down the Line. ), though I could not have said for my life, what. The vocabulary Dickens uses also adds to the atmosphere and it is well worth a close look at this. Words such as violent, clammier and earthly dead smell build up the sense that the narrator is in a dangerous location and that something terrible is about to happen. This sort of language use can be found throughout the tale. The angry sunset Dickens describes adds to the effect, as does the clammy and wet stones of the way down. These are indicative of a ghost story, and even the tunnel is described in such a way as to make us wonder about it. The description of the tunnel itself could very well remind us of the mouth of hell, which is appropriate because of what happens later in the story. terminating in a gloomy red light, and gloomier entrance to a black tunnel, in whose massive architecture there was a barbarous, depressing, and forbidding air. So little sunlight ever found its way to this spot, that it had an earthy deadly smell; and so much cold wind rushed through it, that it stuck chill to me, as if I had left the natural world. Charles Dickens uses repetition quite a lot to build up the feeling of fear and uneasiness, and this is particularly effective at the end. There is also the description of place, and the damp unpleasantness like he has left the natural world. The colors he uses are often associated with evil, such as red and black, and its with language like this that Dickens makes the audience uneasy and feeling that something is about to go wrong. Any comments on words such as monstrous will be useful, as will the miming of the actions. That is quite a visual effect and gives the full eerie effect at the end when the signalman dies. The repetition of words and phrases adds to the uneasiness of the story Below there! Look out! Look out! For Gods sake, clear the way! The use of the references to the supernatural and the story the signalman tells all add to the feeling of fear. Even the narrator says that he felt a slow touch of a frozen finger tracing out my spine. These are techniques in ghost stories, made more chilling by the fact that they are foreshadowing what is to come. Everything about the place and the signalman seems to be unnatural and uneasy. The spot is isolated and the feeling of fear and unease is built up by the speakers comments: The monstrous thought came into my mind as I perused the fixed eyes and the saturnine face, that this was a spirit, not a man. The signalmans behavior is at times inexplicable and this is contrasted with the exactness with which he does his job. There is definitely something odd about him. His manner seemed to make the place strike colder to me. The man himself is most mysterious, and the narrator was uncertain of whether he was man or spirit or even slightly disturbed because, there was something in the man that daunted me. All this contributes to the building of the tension, as does the eeriness of the signalman believing that he had seen the narrator before, despite the narrators certainty that he had never been there. The signalman himself even suggests some supernatural connection part way into the story. The draw of the signalman is so great that the narrator goes back to hear more. For the first time the specific reference to the gesture of waving frantically to clear the way becomes so important. The signalmans story is chilling. The language is indicative of a ghost story, like damp stains, frozen finger tracing my spine, disagreeable shudder. There are also rational explanations for what had happened. The tales of the appearances of the spectre are fearful, as are the narrators reactions, such as pulling his chair back from the floorboards where the young lady was laid. The wind, personified as wailing, also adds to the effect of the story. There is conflict between what the two people heard and saw the previous evening, but both agree that the spectre is not there now. The signalman gains empathy because he is aware that danger is imminent but he is powerless to do anything. Another technique that is used to prolong the suspense is the fact that the narrator could not see anyone nor hear the bell ring when the signalman claimed the spectre was there. The dismissing of events as a coincidence builds up tension, as we feel sure he is going to be proven wrong. The twist in the tale is so effective because everything has been building towards this, but we did not fully understand what was to happen. The third evening concludes the story. The narrator sees the figure waving in the mouth of the tunnel, but it is not supernatural: The nameless horror that oppressed me, passed in a moment, for in a moment I saw that this appearance of a man was a man indeed. The way Dickens talks directly to the audience in this story, is a good way of fully involving the reader in the mystery. It raises questions that he then leaves unanswered and unravels later. The death was that of the signalman himself, and the visions he had seen had been the premonition of his own death. There is the repetition of the action and also of the words that the signalman said were haunting him. The Monkeys Paw is based upon the unexpected happenings of a supernatural tale. Mr. White meets up with an old war buddy and invites him to his home for an evening visit. The purpose is to complete a story he had told of a monkeys paw and an old fakir. Sergeant-Major Morris has brought the paw with him and tells the story. At the beginning of the story, the mood is mysterious and ominous, created by these details: a cold, wet night; a house in an out-of-the-way place; a visitor tells of faraway places and strange events. Mr. White, his wife and son soon learn that the soldier had his three wishes granted and would rather have the paw destroyed than pass it on to anyone else. When pressed for more details he tells his hosts that the first owner used his third wish to wish for death and that was how he came into possession of the paw. With that he tosses the paw into the fireplace, but Mr. White rushes to the hearth and retrieves it before it is completely destroyed. The soldier leaves and warns them to wish for something sensible. At the sons urging, the father wishes for some money (two hundred pounds). Nothing immediately happens and they turn in for the night. Of course, only trouble can follow. Sergeant- Major Morris has warned the White family that the wishes come true almost like a coincidence, and his reactions to the paw show he is afraid of what it can do he throws it on the fire to destroy it, he turns white when he is telling of its history and is frightened when Mrs. White makes the joke about wishing for four pairs of hands. Once the wish has been made and the paw moved, we fear that gaining the two hundred pounds is not going to be a positive experience for the Whites. The story is neatly divided in three sections and primarily deals with three characters -Mr. White, his wife and their son. In the first section we are introduced to the wish motif and the family makes their first wish. In the second half they make their second wish. In the third and eeriest portion the husband ends their ordeal with a final wish -the only wise wish the family ever made. The old fairy tale motifs are all present and indeed Mrs. White at one point says Sounds like the Arabian Nights. There is some making fun of the whole idea and we get the idea that the family does not totally believe in the powerful magic they have come into contact with. Jacobs describes the son as frivolous and he mocks the idea by telling his father to wish to be an emperor to escape his nagging wife, Mrs. White asks the husband to wish her to have four hands and they all laugh at the prospect of getting what one truly desires. The reader knows only too well that this family is doomed. The foreshadowing events the author uses to prepare the reader for the events to come are: Morris says the paw has a spell on it -foreshadows negative reactions once someone wishes upon it, perhaps even Herberts death; Morris presses Mr. White to throw the paw away which foreshadows bad things to come, including Herberts Death, Herbert sees a vision in the fire and feels a shiver when he grasps the paw which foreshadows his own demise. When Mr. Mrs. White realize that in following the sons suggestion for money they have altered their lives in a horrible way they panic. The money comes to them as compensation for a horrible accident at the factory where their son worked. He has died at the hands of the machinery. Mrs. White immediately wants to wish her son back to life and runs to find the paw. There is a struggle and an argument. The family is beginning to learn that there is strange magic at bother, that they truly can defy the laws of nature. The husband is reluctant but is powerless at the maniacal urging of his wife and when he refuses to make the wish she does so herself. To some extent The Monkeys Paw depends on horror brought about through the death of a main character in the story. Herbert is killed in an accident because of the first wish and we experience revulsion at the thought of him being brought back to life. The story builds up to a climax at the end, and although we understand what will happen next, it has far more impact being left at the pinnacle of the action. It is at this point that Jacobs uses the best tool of the writer of a ghost story -the power of suggestion. We feel the terror of the husband and know the longing of the wife for her son. The terrible knocking at the door, the fact that the wife rushes downstairs while the reader remains upstairs with the husband who dare not move from his spot. While he envisions what must have happened to his son, remembering the accident and imagining something hideous crawling out of a fresh grave, his wife frantically tries to open the door but has trouble with the bolt. The reader is wondering as well: Will she see her son? What will happen to her? What kind of family will they be with a dead son returned from the grave? The word it implies that Mr. White believes whatever is on the other side of the door is not human. He believes perhaps it is his sons dead corpse. The word it creates suspense and a sense of fear. The husband at last makes the final and inevitable wish -the only sensible wish made while the paw was theirs those brief fateful days. And the story ends with an eerie image complete with a poignant sound effect that sends a final frisson up your spine: A cold wind rushed up the staircase and a long loud wail of disappointment and misery from his wife gave him courage to run down to her side, and to the gate beyond. The street lamp flickering opposite shone on a quiet and deserted road. It is certain that the echo of that misery-filled wail reached all the way to the cemetery where no doubt it settled like a mournful shroud on the still undisturbed grave of their hapless son.
Saturday, February 29, 2020
Discuss the Proposition that a Company's Dividend Policy is Irrelevant Essay
Discuss the Proposition that a Company's Dividend Policy is Irrelevant to its Market Value - Essay Example Some argue that dividend policy will not affect the wealth of the shareholders, whereas some have the opinion that the decisions about dividend policy will affect the shareholder’s wealth and the firm’s valuation. â€Å"Dividend policy refers to the decision regarding the magnitude of the dividend payout, the percentage of earnings paid to the stockholders in the form of dividends. The central, and as yet unresolved, issue concerning dividend policy is whether changes affect firm value†(Dividend Policy 2012). Following are the factors which influence the dividend policy: †¢ Market deficiency for example taxes, agency costs, asymmetric information, flotation costs and transaction costs. †¢ Behavioral considerations for instance illogical shareholder behavior, behavioral desires of shareholders and usual behaviors of firms. †¢ Industry characteristics for example profitability, size, investment opportunities, availability of cash on probable cash fl ows and future earnings. †¢ Managerial likings for example smoothing of dividends and the disinclination to decrease future dividends. Arguments for the Dividend Irrelevance: Dividend Irrelevance is a theory that an organization’s strategy of dividend has no actual influence on the value of the company. â€Å"The main cause for paying or not paying dividends is the cost of tax. Though dividend irrelevance is not absolutely accurate, it is a superior adequate estimate to the certainty that basic assessment should usually do not take into account strategy of dividend†(Expert 2012). The enduring assumption of dividends involves with the aim that if the organization cannot spend its income to make a revisit that is more than expenditure, it must deliver the income by paying dividends to shareholders. â€Å"The theory of dividend irrelevance is founded on the basis that an organizations dividend strategy is sovereign of the value of its share value, in addition to th e dividend choice is an inactive residual. The price of the organization is resolved by its financing and investment decisions in a best capital formation, and not by its decision of dividend. A general policy of dividend should provide every industry its value of shares, as the policy of dividend is irrelevant in resolving the value of the firm†(Barman n.d., p. 17). This method suggests that dividends symbolize earnings residual more willingly than a dynamic decision variable that influences the organization’s worth. Such a vision is reliable with the theory of dividend irrelevance put forward by the authors Merton H. Miller and Franco Modigliani. â€Å"The authors argue that the industries value is ascertained only by the earning risk and authority of its resources, and that the way in which it divides its earnings stream among dividends and internally maintained funds, does not influence this cost. The big variations in dividends increased the value of share. When there is an increase in the dividend, the share prices also get increase and when the dividend decreases, the share price gets reduced†(Gitman 2008, p. 513). An organization fascinates investors whose liking for the stability as well as payment of dividends match with an organization’s solidity of dividends and actual payment pattern. The shareholders wish for constant dividends on the basis of
Wednesday, February 12, 2020
Student debt management and student budgeting Research Paper
Student debt management and student budgeting - Research Paper Example Rising inflationary pressure and skyrocketing tuition fees are expected to make the situation worse. There is an overwhelming need to allow students to deal with debt management and budgeting in order to make the most out of an educational career. This memo delineates various online sources to help students with their debt and budget management. Online sources analyzed for this task have been assessed under three different suitability criteria – ease of understanding, ease of navigation and relevance to fiscal management. Ease of understanding is included the primary criteria since all students may not be able to comprehend fiscal language well. Ease of navigation is the secondary criteria since finding the right resource at the right time to deal with a fiscal management problem is essential to student debt and budget management. Relevance to fiscal management is the tertiary criteria since myriad material is available online but only some websites offer true fiscal management techniques. CanLearn covers all aspects of educational financing including secondary and post-secondary education. The information presented on CanLearn is specific to the Canadian educational scenario. Information included covers various methods of educational financing including financial aid, scholarships and student loans. CanLearn covers various aspects of student loan financing and repayment in detail though the language is a little advanced. In contrast, Debt 101 presents a simple interface coupled with direct and to the point articles. The information covered on Debt 101 uses simplified language that covers basic as well as advanced student fiscal management topics. This ensures that the information presented on Debt 101 appeals to simple as well as advanced student debt managers. In addition to student loans, Debt 101 offers budgeting tips and techniques that are arranged in a simple interface. This adds to
Saturday, February 1, 2020
Revieww the peospects of the UK meeting these targets by 2020, and to Essay
Revieww the peospects of the UK meeting these targets by 2020, and to identify the main barriers that could cause the targets no - Essay Example The paper will throw light on how the EU will meet its target, what barriers it faces and what are the prospect ways in which it can meet its target. Sources of Energy in the UK: In UK energy sources are via both renewable an non renewable sourcues. During 2004, total electricity generated stood as following: gas – 39.93% (0.05% in 1990) coal – 33.08% (67.22% in 1990) nuclear – 19.26% (18.97% in 1990) renewables – 3.55% (0% in 1990) hydroelectric – 1.10% (2.55% in 1990) imports – 1.96% (3.85% in 1990) oil – 1.12% (6.82% in 1990) The currenct electricity consumption in UK stands a 330 TWh p.a reduced in 2009 . At the moment the statistics of it’s fuels stand as following: 1. Coal – 29% 2. Natural Gas- 45% 3. Nuclear- 17% 4. Oil – 1% 5. Hydro and Renewables – 5% 6. Wind – 3 % Coal was the primary source of energy in UK during the 1940s. 90% of the generating capacity of UK was taken care of by coal whil e the remainder was looked after by Oil. Soon UK began expanding it’s energy producing capacity and domains. In the 1950s, it acquired nuclear generating capacity through the Calder Hall that was connected to the grid on 27th August 1956. This set the set trend for various other similar civil stations in the country. At this point more than 26% of the nation’s electicirity was generated via nuclear electricity. It peak in mid 1970s. During this period the overall electricity generation from oil continued to decline. Since the inception of 1993 and all the way through to the 1990s, electricity generation via coal was scaled up to boost gas fuelled generation. Various steps were undertaken to support this endeavor. This includes the privitisation of the National Coal Board, British Gas, the introduction of new policies favoring competition within the UK market and availability of cheap gas from the North sea. The scenario change was from 1.09% to 30.25% of gas produced u sed in electricity generation between 1900 to 2005. By then coal production in power stations had also fallen by 43.6% compared to the previous 1980 levels though it was slightly higher in 1999. During the 1990s and somewhere from it’s mid, reneweable sources of energy began to crop up in UK. They also added to the overall electricity generated, there by giving rise to hydro electricity generation capacity in UK. Current Energy Consumption In the United Kingdom: According to present statistics, United Kingdom is consuming 3894 kgs of oil equivalent per capita. On the contrary the world is consuming approximately 1778.0 kilograms of oil per capital. According to a statistics under taken by worldwide total, the total energy consumed in the last 2 years has been 9.85 exajoules. This means it is an estimated 2% of the world total of 474 EJ of energy. The over all demand for electicity has averaged at 40 GW in the last 2 years and was at 60 GW at it’s peak. The demand for e lectricity has been steadily increasing in the last 5 years in UK. UK 2008-Primary Energy Consumption (Energy resources) The table depicts that in UK primary energy consumption came down by 1.8% in 2008. Table shows that UK is dependent for 75% of its energy from oil and gas. Both oil and gas consumption have increased while coal consumption has decreased by 10.7%.. Almost 40% of the primary energy consumed was utilized in electricity generation. Similarly the contribution by renewable sources of en
Thursday, January 23, 2020
Report on Winner-Take-All :: Winner-Take-All Elections Politics Essays
Report on Winner-Take-All "Winner-take-all†is a term used to describe single member district and at large election systems that award seats to the highest vote getters without ensuring fair representation for minority groups. In the United States, these are typically single-member district schemes or at-large, block-voting systems. Under winner-take-all rules, a slim majority of voters can control 100% of seats, leaving everyone else effectively without representation. There's something else troubling about the way we elect presidents--something beyond the personal attacks, the derelict voters and the influence of big money. It is the fact that so many of those who do vote don't have their votes counted. Florida is a good example of what I'm talking about--not because that state turned out to make the decisive difference in this week's election, but because more than 2 million voters--nearly as many as will go to the winning candidate--had no say in the outcome. All of Florida's 25 electoral votes will go to the other guy. That's the unavoidable consequence of the winner-take-all system that prevails in all the states. At the end, of course, any contest for a single office is a winner-take-all affair. But why should it be that way in the states? Why should more than a million-and-a-half California supporters of George W. Bush see all 54 of the state's electoral votes go to Al Gore? In short, what is wrong with apportioning each state's electoral votes in accordance with the way the state's electorate voted? A better question, no doubt, is why not ditch the electoral college system altogether and go to direct elections? Politicians as different as Franklin D. Roosevelt and Richard Nixon backed a constitutional amendment to have all the states go to a proportional system. Obviously, nothing came of the proposals. It's probably because the political party that would be favored in a winner-take-all state is usually the party that runs the state. The party with the power to change the system has no incentive for doing so. It is not the sole fact that votes get wasted that bothers me. There is much more to it. Bush hardly campaigned at all in New York--and for the same reason that Gore neglected Idaho, Wyoming and Alaska: His opponent had the states locked up, along with 100 percent of their electoral votes. Indeed, Bush was criticized by some GOP strategists for wasting time and resources campaigning in California.
Wednesday, January 15, 2020
Internship Narrative
Internship Narrative My planned internship will be with Delaware North Company in their (Milwaukee) Sportservice division at Miller Park in the Majestic Team Store. I will be working under the direction of _______, who is the Retail Assistant Manager. This internship will fit well into my professional career objectives, is appropriate for my education, and will expand my knowledge in business operations. My career goal is to become a general manager in some area in hospitality. I have always been interested in a career that is mainly interpersonal and social, not sitting in a cubicle crunching numbers all day.Rather being out on the floor talking and meeting people. This position will give some insight to management in the service industry. My position at Miller Park will be overseeing the terrace level store’s operations and supervising the retail associates in that store. It is a great way for me to test my skills at management. Going from a fellow employee to one of their s upervisors will be difficult. I was a retail store attendant and now am a store supervisor. My old duties as a cashier were limited, I could only do sales. As a manager or supervisor I can now do a return, sell a gift certificate, or give a discount.I have more responsibilities as well outside cashiering. Now I am in charge of coming in on non-game days to restock and check in inventory, clean up and change out the displays, and any filler jobs that my supervisor might have. It will be quite a change from my previous position because of the amount of work and responsibility added to the new position. When I was a cashier, I could only come in two hours before gates open, leave about an hour after games, and could only work games. Now I have the opportunity to come in on non-game days, which leads to more hours but also much more responsibility.During these new hours before games I will be checking and ordering inventory up from warehouse, getting change for the cash registers, and a ny other miscellaneous jobs left to complete before the store attendants arrive. As a cashier I was only in charge of checking my register area, whereas now I am in charge of the whole store in making sure it is running smoothly during the game. This is completely different than my old position’s duties. It will be more challenging but will help prepare me for my career goal in management which is makes it worth doing.This internship is appropriate for my education because I can apply many skills and techniques I’ve learned in the classroom. The top classes I plan to incorporate into my internship are * Interpersonal Communication * Leadership and Management * Organizational Behavior In interpersonal communication we discussed the different patterns for group communication. I found this very helpful because it reminded me of how most leaders will run a meeting or discussion. The first figure (Figure 1) is from our chapter on communicating in the workplace from my inter personal communication textbook.It shows the three common patterns of group communication. While trying to get us involved in his lecture, our speech professor would incorporate the different patterns of group communication. Pattern A is how most teachers or managers will typically run a discussion, where it is them talking to all individuals at once. Most lectures are this way, and it made us realize how little communication or involvement there was from the rest of the class. When we used pattern B, it left out the shy and quiet students and didn’t get their opinions across. When we used pattern C, we were able to get everyone involved in the discussion.We were able to do this by having a tally marked next to our name every time we spoke or had a comment to add. By the end of the discussion, everyone had spoken at least once to get a tally. I plan on using the pattern we all agreed in class would be more effective which was pattern C. It represents the total group and each member being heard, the best for reliable conclusions. A is too rigid and is a leader-dominated group. It tends to lead to poor discussion. This internship will be a great way for me to test and experiment with pattern C and see how effective it can be.At the beginning of each shift we have a team meeting in each store. I plan on having each person contribute something in these meetings that might need more attention or could be changed. In leadership and management, we would mainly discuss what leadership styles there were, referring to the behavioral patterns that a person portrays when that person is trying to lead. The two main portrayals were task-oriented leaders and person-oriented leaders. Most effective leaders would have both skills. I want to become one of those leaders.One who determines what has to be done and how to go about doing tasks effectively as a task-oriented leader. As well as one who will also suggest ways of accomplishing the task at hand, but also will enco urage others to determine how. We also discussed how to prepare for such leadership in the six steps suggested and researched by Fred Fiedler (1967): â€Å"be knowledgeable about the particular tasks, develop mental models for managing meaning, work harder than anyone else, be personally committed to group goals and needs, be willing to be decisive, and develop people skills as well as task skills. In order to be an effective supervisor, I will need to work hard at becoming more knowledgeable about the store and its surroundings, the RetailPro program we use, and how to open and close down a store. I will need to be able to anticipate what if scenarios such as what if the program shuts down while quick-pulling and we need to switch all registers over to the hand held card readers. I am a hard worker, but will need to work even harder as a manager because I need to set a good example for all the employees to follow.I will also need to keep the group motivated in reaching the goals s et for the store, perhaps exceed well over the minimum for sales for most of the home stands. There will be times when I will have to make a decision and get resented, such as writing someone up for being on their phone, but I will need to be decisive and follow through with the discipline. Finally, I will have to work hard at finding that balance of people and task skills. Seeing to it that everyone has had their chance to contribute, handle conflicts in ways that end in better terms, and support their opinions and follow through on them if they are appropriate.Organizational behavior covered a comprehensive view of organizational theory and behavior by studying individual and group behaviors and how these interrelate with the organization’s structure, systems, and goals. Early on we discussed three basic managerial roles: interpersonal, informational, and decision-making. Right now I consider the internship to be under mainly an interpersonal role, which covers skills used to communicate with, understand, and motivate individuals and groups; a critical skill for first-line managers, according to our textbook by Griffin and Moorhead, as you can see from Figure 2.This figure was taken from our powerpoint on the overview of organizational behavior chapter. From the figure, you can see that technical and interpersonal skills are the most important. However still need to have some conceptual and diagnostic skills. This way of laying out these skills based on their contemporary Organizational Behavior approach is very clever in showing the level of each skill set to each level of management. I will be entering this industry as a first line manager while working under the direction of a middle manager and hope to someday become a top manager in the service industry.One way to implement the interpersonal skill will be by motivation. A main part of motivation process is need deficiency. I have to be able to motivate the employees to maintain some professionali sm while still having a bit of fun. Make it a little competitive to make them do their best with a reward system, resembling a goal-directed behavior. In this case, it follows the traditional approach by Fredrick Taylor where it assumes that employees are motivated solely by money. This is true for the entry level position of retail store attendants.This internship will expand my knowledge in business operations. Two skills I plan to take away from other workers at this position is * An increase in my confidence * Communication skills I am a very outgoing person, however when I am in a position of making the decisions and directing individuals to work I become quite timid and shy. I want to change this and increase my level of confidence with this position. All the other current supervisors excel with getting employees to follow their directions without sounding too upfront or direct. I hope to do the same and learn from them.As many know, the ability to communicate in an effective and professional manner can make all the difference in business. I will need to learn how to communicate better with other professionals rather than just the customers. I will have to constantly communicate with my manager and assist her with the buyers and player’s families that come into the stores from time to time. Since usually only the supervisors will be in touch with them while they shop or browse the store’s layout. I plan on watching how the other managers communicate with them and find out the do’s and don’ts when dealing with the buyers or player families.As I work there I hope to expand my knowledge of business in two ways * How to manage a small group of employees who are part of a larger group * How to multitask with large projects I believe I will have what it takes to make sure they do their jobs and understand when they disagree with my method. As I mentioned before, I am great with the one on one, but will adapt to talking in front of a larger group. I hope by midsummer I will know how to effectively manage a small group that follows the standards, policies, and procedures of a larger organization.Every year there are many different projects going on at once within the retail department. Within the last two years we’ve had two major projects alongside the seasonal and home-stand projects. Managers were dealing with training new supervisors with the opening of a club level store and last year redesigning the main store. While these were going on, they were juggling the projects and reaching the goals they had set for that season with sales and introducing new products. Time management is key, and learning how these managers in such a fast-paced job focus on reaching all goals set for that season and in the long term is outstanding.I would like to learn from them on how to better manage my time and juggle projects to make sure each gets the attention it needs to be attained. It is one thing to sit there in th e classroom and learn the different styles and techniques managers use but I am very interested in how I will implement what I’ve learned into the internship and my future career. This internship will give me the chance to test some of the theories and styles to see what works best for me; whether I can be both a task-oriented and person-oriented leader.No matter what area of business I study, the most important aspect is to be able to relate to my employees. I want to learn how to effectively motivate employees. Being able to observe and hear how employees respond to different strategies will teach me methods I could never learn in a classroom. In class, we generally learn about the different business areas independently. I am interested in seeing first-hand how all the divisions of a business function together. Figure 1 Figure 1 Figure 2 Figure 2
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