Wednesday, May 20, 2020

Advantages of Strategic Planning - 2089 Words

Strategic Management Assignment 1 Table of contents Page 1. Introduction 2 2. Advantages of Strategic Planning 2.1. Financial Advantage 2 3. Disadvantage of Strategic Planning 3.1 Distortions and Deceptions 3 4. Friedman view of business social responsibility 3 5. Having a look at Sasol’s Social contribution 5 6. References 6 1. Introduction There are a number of advantages and disadvantages of strategic management. To me the advantage that stood out was the financial advantage organisation can achieve by implementing a strategic planning process. There are evidence of this as a study was done on banks in the United States - they do†¦show more content†¦Loss aversion - Scarcity of investment proposals 3. Overconfidence – Understating risks of large acquisition Deception 1. Misaligned time horizons – Managers focus on incremental innovations with short-term impact 2. Misaligned risk aversion profiles – Managers avoid ‘risky’ projects that company might have deemed attractive 3. Champion bias – CEO relies on judgment of most trusted associates though advice is biased 4. â€Å"Sunflower management† – Absence of dissent or debate in important decisions. (Lovallo Olivier, 2006) 4. Friedman view of business social responsibility There is one and only one social responsibility of business-to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud. ~Milton Friedman~ US economist (1912-2006) Milton Friedmans statement that a businesss social responsibility lies in making profit has shown a controversial point of view in modern business. Some people believe in Friedmans ideas while others do not. Is it possible that Friedman can be both right and wrong? In business, there are different situations that require different perspectives and methods of approach. On one hand, it is correct to say that the main focus of a business should be to make profit. Without profit, a business can not survive. In a way, Friedmans theory doesShow MoreRelatedStrategic Planning for Competitive Advantage14834 Words   |  60 Pagesï » ¿Chapter 2—Strategic Planning for Competitive Advantage TRUE/FALSE 1. The manufacturer of Macho brand martial arts products was implementing a strategic plan when it sponsored a local karate tournament for teenagers. ANS: F Such a short-range decision is typically a tactical plan or operating decision, not a strategic plan. PTS: 1 OBJ: 02-1 TOP: AACSB Reflective Thinking KEY: CBE Model Strategy MSC: BLOOMS Level III Application 2. Berkshire Hathaway Inc., a large property insurance companyRead MoreDespite the Potential Advantages of Formal Strategic Planning Approaches2321 Words   |  10 PagesDiscuss the proposition that despite the potential advantages of formal strategic planning approaches, it is of limited benefit to organisations operating in uncertain and dynamic environments. About this discussion, I would like to introduce two steps. First step, I want to introduce the potential advantages of formal strategic planning approaches. Then I will introduce the second step: some important reasons about the formal strategic planning is of limited benefit to organisations operating inRead MoreStrategic Management Process : Planning Cycle, And Sustainable Competitive Advantage1002 Words   |  5 Pagesthe strategic management process, the planning cycle, and sustainable competitive advantage (SCA). There are many tools and theories to sustain an organization, although it seems apparent that the aforementioned are essential for organizations to maintain sustainability. Strategic Management Process In much of the readings and online tutorials there seems to be a consensus on why strategic planning is imperative. Consider existing businesses or new ventures, the implementation of strategic planningRead Moreâ€Å"It Has Been Argued That a Strategic Approach to Human Resource Planning Is Required as a Foundation to Ensure the Alignment Between an Organisation’s Competitive Advantages? Hr Strategies. Using Examples, Definitions2034 Words   |  9 Pagesâ€Å"It has been argued that a strategic approach to human resource planning is required as a foundation to ensure the alignment between an organisation’s competitive advantages? Hr strategies. Using examples, definitions and appropriate theory and models to illustrate your argument, demonstrate the the role of hr planning can play in achieving successful organisational outcomes.† Human Resource Planning plays a very significant role in successful achievement of corporate strategy. There is a strongRead MoreBuilding A Company : An Organization1706 Words   |  7 Pages(recruiting skill person than its opponent), furthermore, event purchase competitor business so it can have the monopole. Resource when valuable meaning having a considerable worth, expensive, rare and difficult to find it, can be sources of competitive advantage. Example New York Presbyterian hospital has enough resources, it invested in development of science such as scientific research and education (Columbia University). Its resources allowed, the hospital to make an improvement in delivery of care byRead MoreStrengths And Competitive Advantages Of Easyjet Airline Company1377 Words   |  6 Pagesgoals and strategic planning is established to satisfy company’s long-term requirements. Jackson (1975) claims that planning tried to decide a systematic decision making to influence all th e factors in which success or failure would be affected. Also, compared with marketing planning, strategic planning puts more attention on overall and long-term objectives, such as organizational direction, framework, orientation, which need systematically decision. According to Mintzberg (1994), strategic planningRead MorePlanning And Strategic Decision Making1606 Words   |  7 PagesPlanning and strategic decision making should be integrated within the management of corporations in today’s society of technological advancement. With the changes in the global marketplace and increased competition from expanding third-world economies, companies are having to rethink their competitive strategies. Therefore, the incorporation and development of strategic plans are vital in companies for future success. As engineering companies realize an ongoing need for self-reflection and assessmentRead MoreImproving A Competitive Advantage Within The Organization966 Words   |  4 Page sIn order to achieve a competitive advantage, an organization must have resources, competencies, and capabilities. Resources are what an organization utilizes to create value in the organization. Resources are imperative to the organizations value and are tangible and intangible. Tangible resources are financial, physical, and labor. â€Å"Robert Kaplan and David Norton point out that unlike financial and physical resources, intangible resources are hard for competitors to imitate, making them a powerfulRead MoreStrategic Information Systems Planning1347 Words   |  6 PagesStrategic information systems planning is a crucial component of business in the 21st century. From the smallest of businesses to multi-national corporations, successful use of IT and IS drive fundamental business processes, help business cope with increasing marketplace demands, and form an integral basis for competitive advantage. This paper will discuss strategic information systems planning, information technology, information systems, and how they affect competitive advantage, business planningRead MoreStrategic Management For Competitive Advantage1132 Words   |  5 Pages Strategic Management for Competitive Advantage Framework The article mainly talks about strategic management employed by organizations to meet their strategic objectives and hence achieve organizational mission. This will enable the firm to establish a competitive advantage (Gluck, Kaufman, Walleck, 1980). A competitive advantage is when a company can provide better services or offer equally better products than other organizations. The input of the customer and the competitive landscape must

Wednesday, May 6, 2020

Theme Of Censorship In Fahrenheit 451 - 1341 Words

Censorship is defined as the suppression or prohibition of any parts of books, films, news, etc., which are considered obscene, politically unacceptable or a threat to security. Ray Bradbury’s ideals for the novel, Fahrenheit 451, have shown a different light on how a society can function. The theme of censorship is displayed in the novel by the firemen and how they are uneducated about the values of knowledge and happiness, the secret understanding the people don’t have about books, and the standards and sameness these people rely on in their everyday life. In the novel, the characters Montag, Clarisse, Mildred, Faber, and Beatty have some impact on the effect of censorship in this futuristic society. Montag uses the phrase, â€Å"It was a†¦show more content†¦Especially, since in this society, no one is really happy or sad, this makes him question more than he has ever before. Montag also dives into the unknown world of censorship, which has taken a drasti c effect on the kind of world he is living in. Another reason why censorship is thought of as a crucial point in the novel is society’s normalities do rely on the government for their safety, comfort and most influential, their sameness. The people in this society are so focused on being the same, that it is what they know and only know of. We must all be alike. Not everyone born free and equal, as the Constitution says, but everyone must be made equal. Each man is the image of each other; then we are all happy, for there are no mountains to make them cower; to judge themselves against. So! A book is a loaded gun in the house next door. Burn it. Take a shot from the weapon. Breach the man’s mind. And so when the houses were finally fireproofed completely, all over the world there was no longer a need for firemen for the old purposes. They were given a new job, as the custodians of our peace of mind, the focus of our understandable and rightful dread of being inferior: official censors, judges, and executors. (Bradbury p. 57) This explains how censorship has such a present impact in this futuristic society, not only to the readers but to the characters as well. â€Å"It didn’t come from the government down. There was no dictum, noShow MoreRelatedTheme Of Censorship In Fahrenheit 4511285 Words   |  6 PagesThis idea or theme called censorship, is the suppression or prohibition of any parts of books, films, news, etc. that are considered obscene, politically unacceptable, or a threat to security.Bradbury’s ideals for this novel have shown a different light on what a society can function like and how the people are so unaware of such as knowledge and happiness. The theme of censorship is proven in the novel by the firemen and how they are so uneducated about the ideas of knowledge and happiness, theRead MoreEssay on Theme of Censorship in Bradburys Fahrenheit 4511669 Words   |  7 Pages Congress shall make no law...abridging the freedom of speech, or of the press (U.S. Constitution). Throughout the ages, censorship has shown up in various forms ranging from printed works to television and the Internet. It can have the positive effect of protecting children from things they are too immature to view, but it can also have negative effects. Censorship may even suppress new and different ideas, keeping them from being made public. It may also set limitations, which stifle the creativityRead MoreTheme Of Allusion In Fahrenheit 451922 Words   |  4 PagesFahrenheit 451 by Ray Bradbury is full of different allusions from different books and authors and also full of themes connected to the allusions. Some of the allusions in the book are Henry David Thoreau and his book, Walden. Guy Fawkes and the book of Job connect to the book as well. The theme of Henry David Thoreau and his book Walden, is the effects of oppression. In his book he wants to get away from the industrial society. â€Å"Escape the trappings of industrial progress † (Thoreau). He isolatesRead MoreRay Bradbury Once Said, â€Å"Collecting Facts Is Important.1517 Words   |  7 Pagesnovel, â€Å"Fahrenheit 451,† provides insight to the overlying problems found in the futuristic utopian society. Ray Bradbury is well known for his masterful use of words to fill his novels with theme. Do we, as readers, pick up on the many universal ideas, or themes, authors provide in short stories, novels, or even social media postings? Theme, as Portable Literature Reading, Reacting, Writing states, is the â€Å"central or dominant idea [of a work of literature]; however, many people confuse theme withRead MoreEssay on Fahrenheit 451, by Ray Bradbury972 Words   |  4 PagesIn Fahrenheit 451 by Ray Bradbury, irony is used to convey information and it contributes to the overall theme of the novel. Written during the era of McCarthyism, Fahrenheit 451 is about a society where books are illegal. This society believes that being intellectual is bad and that a lot of things that are easily accessible today should be censored. The overall message of the book is that censorship is not beneficial to society, and that it could cause great harm to one’s intelligence and socialRead MoreFahrenheit 451 By Ray Bradbury1200 Words   |  5 Pagesto their observations and views on society and its functions. In the book Fahrenheit 451, Ray Bradbury incorporated the corruption of the society in which he lived in into the dystopian society created in his book. Fahrenheit 451, a fictional book about a protagonist’s attempt to overcome a dystopian society’s corruption, was written by Ray Bradbury while living in 1950’s America. The book focuses on themes of censorship, and illustrates the effects of when a society is con trolled and limited. TheRead MoreFigurative Language In Fahrenheit 451 By Ray Bradbury702 Words   |  3 Pages â€Å"Don’t face a problem, burn it.† (Bradbury 115). This is a quote from the book, Fahrenheit 451 by Ray Bradbury. Fahrenheit 451 follows Montag’s journey after he begins to realize the truth about books. The overall theme is censorship and more importantly the result of it. In the beginning of the novel, Ray Bradbury focuses on figurative language to convey his theme. Throughout the first part, Bradbury uses many forms of figurative language such similes, metaphors, and irony. One example ofRead MoreRay BradburyS Fahrenheit 451 Shows A Society Where, Similar1070 Words   |  5 PagesRay Bradbury s Fahrenheit 451 shows a society where, similar to modern day America, technology and conformity are praised, but unique ideas are seen as taboo. Many have heard phrases to the effect of â€Å"Don’t watch so much TV, it’ll rot your brain!† But is there any validity to these claims? Ray Bradbury thought so when he wrote the novel, and he is not alone in these beliefs. Many believe that television can have detrimental effects on one s intellect, as well as their individuality. Similarly,Read MoreRay Bradburys Fahrenheit 451 Essay552 Words   |  3 Pages In the book Fahrenheit 451 the theme is a society/world that revolves around being basically brain washed or programmed because of the lack of people not thinking for themselves concerning the loss of knowledge, and imagination from books that dont exist to them. In such stories as the Kurt Vonneguts quot;You have insulted me letterquot; also involving censorship to better society from vulgarity and from certain aspects of life that could be seen as disruptive to day to day society which leadsRead MoreA Flame-Filled Foreboding Essay1224 Words   |  5 Pagesâ€Å"There are worse crimes than book burning. One of them is not reading them.† The author of the novel in question, Ray Bradbury, said this statement regarding censorship and book burning, a main topic in his most famous novel Fahrenheit 451. The novel is set in a futuristic dystopia in which books and other activities that don’t offer instant gratification (such as being a pedestrian) are banned, and in the case of books, burned. The protagonist of the story, Guy Montag, goes about a journey of self-discovery

Issue of HIV Essay Example For Students

Issue of HIV Essay The Issue of HIV Essay/AIDS has been a developing problem since the early 1980s. It is an issue that has sparked fear in everyone, but everybody has narrowed it down to certain people that can get AIDS. The regular AIDS victim is not an regular drug user or a practicing homosexual; it is anyone, anyone who has unprotected sex, anyone who has had a blood transfusion in the past twenty years, or anyone who was innocently brought into the world by an infected mother. As unfair as it is, HIV/AIDS can attack someone whom society would have never ;branded; as a stereotypical AIDS victim. This issue of HIV/AIDS needs to be addressed, and it needs to be addressed now. The epidemic of HIV/AIDS is on the rise in the state of Massachusetts. As many as 15,000 residents may be infected with the virus and not be aware of it and the majority of these victims are between the ages of twenty and forty. The only solution to this problem, as is the only solution to any problem, is prevention through education. Of course it is easy to hand out literature and condoms to adults, but are they really going to listen? As a community, we can encourage HIV/AIDS testing, but will it be taken advantage of? Since these are adults being familiarized with HIV/AIDS, how to contract it, the consequences, and the raw statistics, they will probably disregard all of the information. Education on the issue of AIDS obviously needs to begin at an earlier age. HIV is spread most commonly by sexual contact with an infected partner. The virus can enter the body through the lining of the vagina, vulva, penis, rectum or mouth during sex. HIV also is spread through contact with infected blood. Before to the screening of blood for evidence of HIV infection and before the introduction in 1985 of heat-treating techniques to destroy HIV in blood products, HIV was transfered through transfusions of yucky blood. Today, because of blood screening and heat treatment, the risk of acquiring HIV from such transfusions is extremely small. HIV frequently is spread among injection drug users by the sharing of needles or syringes contaminated with minute quantities of blood of someone infected with the virus. However, transmission from patient to health-care worker or vice-versa via accidental sticks with contaminated needles or other medical instruments is rare. Although researchers have detected HIV in the saliva of infected individuals, no evidence exists that the virus is spread by contact with saliva. Laboratory studies reveal that saliva has natural compounds that inhibit the infectiousness of HIV. Studies of people infected with HIV have found no evidence that the virus is spread to others through saliva such as by kissing. No one knows, however, the risk of infection from so-called ;deep; kissing, involving the exchange of large amounts of saliva, or by oral intercourse. Scientists also have found no evidence that HIV is spread through sweat, tears, urine or feces. Studies of families of HIV-infected people have shown clearly that HIV is not spread through casual contact such as the sharing of food utensils, towels and bedding, swimming pools, telephones or toilet seats. HIV cannot spread by insects such as mosquitoes or bedbugs. HIV can infect anyone who shares drug needles or syringes, or by having sexual contact without using protection. Since this is such a controversial issue, the age at which education should begin is debatable. The children need to be mature enough to handle the concerns and they need to be young enough to begin practicing measures of safety that will continue throughout their lives. But, when it comes down to it, education of HIV/AIDS should begin when these children are able to understand that sharing blood can be dangerous. A good example of this situation is a five- year-old boy confronting his mom and saying that he and his best friend are going to prick their fingers and become ;blood brothers. .u1fb23e0650ce84216876a4890e31a898 , .u1fb23e0650ce84216876a4890e31a898 .postImageUrl , .u1fb23e0650ce84216876a4890e31a898 .centered-text-area { min-height: 80px; position: relative; } .u1fb23e0650ce84216876a4890e31a898 , .u1fb23e0650ce84216876a4890e31a898:hover , .u1fb23e0650ce84216876a4890e31a898:visited , .u1fb23e0650ce84216876a4890e31a898:active { border:0!important; } .u1fb23e0650ce84216876a4890e31a898 .clearfix:after { content: ""; display: table; clear: both; } .u1fb23e0650ce84216876a4890e31a898 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u1fb23e0650ce84216876a4890e31a898:active , .u1fb23e0650ce84216876a4890e31a898:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1fb23e0650ce84216876a4890e31a898 .centered-text-area { width: 100%; position: relative ; } .u1fb23e0650ce84216876a4890e31a898 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1fb23e0650ce84216876a4890e31a898 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1fb23e0650ce84216876a4890e31a898 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u1fb23e0650ce84216876a4890e31a898:hover .ctaButton { background-color: #34495E!important; } .u1fb23e0650ce84216876a4890e31a898 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1fb23e0650ce84216876a4890e31a898 .u1fb23e0650ce84216876a4890e31a898-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1fb23e0650ce84216876a4890e31a898:after { content: ""; display: block; clear: both; } READ: Police brutality Essay; A response that will give a good reason why this should not be done and provide information about HIV/AIDS would be: ; Some people have some things in their blood that can make you very sick and sharing blood .