Free Enterprise System - 1744 Words

The Free Enterprise System How the American System has changed Togar Johnson The ‘American Dream’ has recently transformed into the American nightmare. More and More people are retiring broke and are looking for some type of financial assistance either from families, government, or continuing to work past retirement. Not every American has the skill set to run a successful business, but more often than not, most Americans do possess a skill set that can be used to create individual wealth which each citizen will have complete control over. Therefore, Americans should embrace the principles that this country was based on, which is free enterprise. In order to insure fiscal independence, Americans must consider an essential component†¦show more content†¦Immigrants are educated on exactly what their economy is in their own country as well as what going on in America. The lack of education, in relation to the economy, displays an unfortunate example of what Americans are being taught in today’s society. Citizens of this country shoul d be informed on exactly how our economy works instead of foreigners migrating here and operate under those success principles and achieve that so-called ‘American Dream.’ Migrants come with a clear sense of exactly how to truly be successful by creating personal wealth. Immigrants are nearly 30 percent more likely to start a business than nonimmigrant’s, and they represent 16.7 percent of all new business owners in the United States. Nearly 30 percent of all new business owners per month in New York, Florida, and Texas, are immigrants. (Fairlie et al., 2008) The difference is most immigrants who come to this US have a great understanding and appreciation of what this country represents. They did not come to the country because it was the place to be, but they come for the opportunity to fail andShow MoreRelatedSocial Responsibility And The Free Enterprise System1186 Words   |  5 Pagesresponsible use of that media. In some countries, people do not have the freedom of speech rights like we do. We have a free market place of ideas that coincides with capitalism and the free-enterprise system. It is tied to a form of government that is based on the Constitution and the Bill of Rights. The First Amendment guarantees freedom of speech so that the press can remain fully free, and the public can be fully informed. â€Å"Congress shall make no law abridging the freedom of speech or of the pressRead MoreIs Turkey A Free Enterprise Economic System?776 Words   |  4 PagesIn 1776, Adam Smith argued in The Wealth of Nations that the free-enterprise economic system, all over the world encourages entrepreneurship because it permits individual s freedom to create and produce. This is not the case always, for example the culture plays an important role in this entrepreneurial process. Turkey has a stable economic and political conditions, variety of industries are performing well in the domestic market, the customers are early adopters which are all good signs for entrepreneurshipRead MoreMinimum Wage Regulations Strike At The Very Heart Of The Free Enterprise System1526 Words   |  7 Pagescontrol, minimum wage legislations strike at the very heart of the free enterprise system. The father of economics, Adam Smith explained in his masterpiece, â€Å"The Wealth of Nations†, that â€Å"the price system is the communication mechanism that coordinates, motivates, and harmonizes the actions of consumers and entrepreneurs†. His renown metaphor and philosophy of the â€Å"Invisible Hand† captured the idea that free-market pricing system molds individual self interest into extensive economic betterment forRead MoreExplain how resources are allocated in reference to the different economic systems?1686 Words   |  7 PagesAn economic system is the result of individuals (consumers and producers), groups (firms, trade unions, political parties, families etc) and the government coming together and interacting in a legal and social society. The function of an economic system is to resolve the basic economic problem - scarcity which means that the resources are limited but wants are infinite. This distribution has three dimensions: * What is to be produced * How is it to be produced * For whom is it to be produced.Read MoreChina755 Words   |  4 Pagesperformance compels economists all around the world to ask them selves is a democracy an only system of government which guarantee sustainable growth and development of an economy? Though some economists believe that democracy, as the most common type of capitalism, is the most â€Å"healthful† and useful economics and government system, China is a socialist country. Socialism – â€Å"Compare capitalism an economic theory or system in which the means of production, distribution, and exchange are owned by the communityRead MoreChinas Transition Economy Essay examples1120 Words   |  5 Pagesmonopolises international trade. It is somewhere in between. Reform measures: 1) The introduction of enterprise taxation. 2) The new wage system which linked with the productivity of workers (this would give workers incentive to work harder as they’d get paid more. Getting paid more than others would motivate them further now that pay isn’t equal.) 3) A new system of banking finance for enterprise investment. 4) The decentralisation of foreign trade through a rapid increase in the number of foreignRead MoreFree Enterprise : Advantages And Disadvantages1161 Words   |  5 PagesEnterprise The phrase â€Å"enterprise† has two basic connotations, the first one is simple it is another way of saying business. One thing that people will notice is that they will come about this phrase enterprise when they are looking up or reading up ways to startup businesses. Secondly and probably the most important one of the two uses of the phrase, enterprise is a way of describing the actions of people who display initiative by going out into the real world and take risks by setting up, investingRead MoreBusiness1651 Words   |  7 Pagesbuy, hold or sell. Shareholders are also interested in information which enables them to assess the ability of the enterprise to pay dividends.   (b) Employees. Employees and their representative groups are interested in information about the stability and profitability of their employers. They are also interested in information which enables them to assess the ability of the enterprise to provide remuneration, retirement benefits and employment opportunities.   (c) Lenders. Lenders are interestedRead MoreThe Types Of E Enterprise Systems1406 Words   |  6 PagesE-enterprise Enterprise is a firm or a business organisation that engage in an systematic economic activity to satisfy the demand of the people, specially focussed towards profit in obedience to the law. E-enterprise is a adaptable inclusive enterprise that is coordinated by system which makes simultaneous reaction to environment change, customer demand and aggressive situations. The types of e-enterprise systems are Supply chain management, Customer relationship Management and Enterprise resourceRead MorePoland s Economic Reform Plan Of 19891711 Words   |  7 PagesEuropean transition to market economy took Western neoliberalism as its principal ideological model. It is no secret, for instance, that Jeffrey Sachs, a celebrated economist and one of the main architects of the Eastern European transition to the free market economy, was a chief exponent of Western neoliberalism whose shock therapy principles were widely applied in Eastern European nations in the post-1989 period. Extremely influential during the early 1980’s, neoliberalism is somewhat of a misnomer

Analysis Of Christopher Columbus And Charles Lindbergh

Throughout the school year of 2015-2016 at the Founders Academy, I have wrote numerous essays, with generally positive results. Several of the essays exceeded expectations, while others reached expectations to a modest extent, but all of the essays were supported by the writing skills that I had learned that year, regardless of my strengths or weaknesses with these skills. These techniques vary extensively, from comparing and contrasting ideas in a text to editing and revising essays for quality results, which is proven in my writing portfolio. The first skill of note centers around the proofreading of essays, where an essay receives revisions, from the reconstruction of paragraphs to the replacement of disinteresting words with intriguing, more complicated vocabulary. My proof of mastery in this skill is in my essay on Christopher Columbus and Charles Lindbergh, in addition to my reflection on a project that I had worked on in my technology class, where I placed complex vocabulary into the essays with my portfolio draft. My strengths in the skill were that I paid close attention to detail, and added in excessively complex words to entice the reader. My major flaw, however, is that the process of replacing words is time-consuming, which gives me less time to focus on other issues in my essays, which were often longer than they needed to be. Fortunately, the constant expansion of essays doubles as a skill, especially when adding further information to short essays.

Managing the Network Organization

Question: Discuss about theManaging the Network Organization. Answer: Portfolio Preliminary Choice of Company and Justification Preliminary choice for making the individual report is considered as Nestle Multinational Corporation. The individual report required to discuss the financial and industry reports along with their organizational environmental analysis. The primary choice is taken for making the report completed with more information about the organization with detailed study about the reports. The study will relate the portfolio with more in-depth discussion about the company culture and operation purpose and profile. The choice is justified as the researcher will need to provide the questionnaire online to collect relevant data from the employees about the company operation. The questionnaire will depict the current strength in working agenda. As Nestle started their journey from 1866 as Swiss Milk, and changed to Nestle in 1905, they completed 150 years. As per 2014 employee strength survey, Nestle has more than 339,000 employees in their firm working under the process. The visualization of the work process network should be following some key points in work. First point should be to cover the company background to gain information, then to identify the industrial reports from the firm, circulate the research agenda towards the company structure, and conduct the questionnaire survey through the structure. The network diagram is shown as in below (Refer to Appendix). Analysis of the organizations formal structure and discussion on the environmental factors that are influencing it The section discusses the external environmental factors that are affecting Nestle in working within the structure meeting the necessary objectives. The external environmental forces may have significant events and influence over Nestle affecting the overall business growth. The forces are included as following: Metrics Explanation Economic factors The factors are in this category is identified as employment, income, inflation, rate of interest, employee productivity, and overall wealth of Nestle. Nestle conveys sustainable development in order to tackle all the factors to increase high quality food with contributing the social and environmental development as well. Technology factors The technology factors have major impact on the business operations and work. Nestle operates with several types of foods in different packaging types for manufacturing new beverage systems as Espresso, Special, BabyNes, Nescaf Dolce Gusto and others. They prepared technological infrastructure to serve all these types within sustainable environment. The technology progress is noticed in Extrusion, Foam booster technology adoption, healthier fat processing, fermentation, and portion dispensing systems. Socio-cultural factors The socio-cultural factors are is set of customer belief, their custom, behavior, and practices. Nestle conducted detailed socio-cultural examination before entering into the target market for food and beverage business. They stated the progress in identifying the target market following the same procedure as well. Brief Discussion on Organizational Culture Traits of Nestle Nestle follows corporate culture with reflecting the essence of Good Food Good Life within their logo. The company develops their infrastructure to emphasize on the food quality-increasing index and culture of good lifestyle. Nestle follows three essential things Nutrition, Health, and Wellness in all the products as mentioned in companys mission statement as well. Talking about the culture, the traits are dependent on people and target market structure, Nestle focuses on the collectivism and orientation performance as well. The company generally believes in safe food quality so that the customers may satisfy their optimal nutritional needs in meeting the psychological needs altogether. The mission of Nestle is to provide quality food for creating better lifestyle for common people, they have achieved on target as in meeting the value of product amongst the target people. The company states the mission statement with showing a direct relationship in between better lifestyle and good quality food. The company website relies on Nutrition, Health, and Wellness serving during long 150 years. The CEO, Paul Bulckc once confirmed in statement that the Strategic Purpose of the company is concerned with organizational achievement. In every organization, there are complex roles affecting the culture, however Nestle requires their stakeholders to be served with long-term sustainable values in products. Discussion on Affect of Technological Environment for Company Operation Nestle developed the technological environment for company operation with different technological aspects. The technological aspects are relevant for considering the company operations with technology installation within personal interpretation as well. The technological aspects are included as following: Extrusion: Nestle have strong expertise in this technical environment for hot extrusion in infant and breakfast cereals, co-extrusion in case of filled snacks, and cold extrusion in case of ice-cream and desserts. Foam booster technology adoption: The technology produces Creamy layer on Nescaf Cappuchino with lesser fat. The technology makes the beverage much denser and long lasting than regular foam. In 2002, Nestle launched Foam booster technology for Nescaf Cappuchino making and they succeeded in making suitable target market capturing. Healthier fat processing: The healthier fat processing allows the products for using natural vegetables and natural oils without using partially hydrogenated fats in products such as Maggibouillon cubes and other seasonings. Fermentation: The Nestle Research Center looked through the molecular interaction in pro-biotics of the products with intestinal cells. Nestle have sequenced the several genomes configuration in products for understanding better characteristics and proficient actions planning. Portion dispensing systems: The protein dispensing systems are important for identifying the essential beverage making system protein and essential ingredients. Strength and Weakness of Network Strengths I am connected to a reliable internet connection. The internet connection helps me to surf the job related websites where I can find suitable job opportunities. I am connected to a number of popular social networking sites. I use these sites for searching job opportunities and tenders. I have shared my personal profile; work experiences, strengths and weaknesses in some social websites like LinkedIn so that the companies can view my information and evaluate my abilities for their job profiles. I am open for contacts and calls from companies any time. Weaknesses I still do not have sufficient contacts that would enable me to gain a good job opportunity. I do not have sufficient popularity on the internet sites; hence, companies will not show much interest in me. I am yet to share my personal experiences in the internet. Hence, the companies or company personnel will not understand my credibility and will not contact me for a possible job opportunity. I may have some limitations on my research works but I am trying to overcome them. Personal Network Characteristics Personal network characteristics include following features in the communication network for circulating the portfolio. The online portfolio will depict my strengths, weaknesses, risks, and opportunities as well. The network should be more detailed with connecting all corporate organizations working persons in social networking site as Facebook, LinkedIn, and other job-hunting profiles. The features should be following: I need to depict my individual skills, knowledge in subjects, and proper technical aspects in terms of my work. The skills should be included with references of certificates in the profile. I need to add more proficiency in case of searching jobs and taking internships. In case of internships, the proficiency should include my set of expertise to support the intern jobs. The jobs should require showing the potential of myself in serving the capabilities of such profile. I need to add LinkedIn profile with the portfolio, so that recruiters can review my portfolio and gain knowledge about current study practices of mine. I need to circulate the portfolio through the friend circle. The friends can discuss more about the topic and posting more information in the portal. Risks and Opportunities for Professional Future Risks Too much sharing of personal information can pose threat on my professional future and anyone can steal my personal information and use them against me. Sharing of CV in the internet can result in stealing. Some people can steal my CV and fake it for their own use, resulting in loss of my credibility and authenticity. Many fake companies have extensive network over the internet. Contacting them will result in the loss of my resources. Different companies have set different standards for work. If my work level does not suit a companys requirements, it will result in termination and hamper my professional future. Opportunities My network will enable me to find better jobs anytime. Hence, I will be able to extend my professional career if I am deemed suitable for better job options. Sharing of personal profile will help me draw attention of many companies seeking people for vacant positions. More companies will learn about my credibility. They can learn my experiences and profile and may call me up if they find me suitable. I may have the opportunity to go abroad for a job if I can prove myself through my communication network as well as proficiency. Future Planning for Effective Professional Network In the near future, I plan to send my personal profile and CV to the companies whose job profiles match my proficiency. Moreover, I plan to start my personal blog for sharing my work experiences and credibility. This will help me draw attention from the companies for whom I would like to work. I also plan to join some job specific websites from which I can search for some more specific jobs from my interest and specialization. I will also communicate with more people and company authorities and let them know my credibility. Further, I will be more active in the social websites where the companies seek people for their vacant positions. Bibliography Bhattacharjee, A., 2012. How outsourcing HR created a profitable scenario for Nestle and PeopleScape Ltd?. Davila, T., Epstein, M. and Shelton, R., 2012.Making innovation work: How to manage it, measure it, and profit from it. FT press. Doorasamy, M., 2015. Product Portfolio Management: An Important Business Strategy.Foundations of Management,7(1), pp.29-36. Duggal, S., Narain, R., Mahindra, A.K., Piramal, S.A., Waszyk, A.H., Murli, B., Protonotarios, A., Garrett, M.W. and Benet, E., The Board of Directors of Nestl India. Hoppmann, J., Huenteler, J. and Girod, B., 2014. Compulsive policy-makingThe evolution of the German feed-in tariff system for solar photovoltaic power.Research policy,43(8), pp.1422-1441. Hrebiniak, L.G., 2013.Making strategy work: Leading effective execution and change. FT Press. Khan, P., 2016. Human resource department of Nestle Bangladesh Limited its various functions. Masuku, C. and Shava, T., 2014. Practices and approaches of corporate citizenship by Public Relations (PR) department at Nestle Zimbabwe to enhance corporate reputation from 2010 to 2013. Mohajan, H.K., 2015. Present and Future of Nestl Bangladesh Limited.American Journal of Food and Nutrition,3(2), pp.34-43. Nadim, S.S.I., 2014. Working capital management at Nestle Bangladesh Limited. Nisa, S., 2016. A Comparative Study on Business Models of Agro Food Business (Case Nestle India and AMUL).Available at SSRN 2776480. Popli, M., 2015. Organization Design of Emerging Market Acquirers: Insights from European Global Firms. Prast, H., Rossi, M., Torricelli, C. and Druta, C., 2014. Do women prefer pink? The effect of a gender stereotypical stock portfolio on investing decisions. Shah, P., 2015. Kill it or keep it?: The weak brand retain-or-discard decision in brand portfolio management.Journal of Brand Management,22(2), pp.154-172. Sharma, A. and Kiran, R., 2012. Corporate social responsibility initiatives of major companies of India with focus on health, education and environment.African Journal of Basic Applied Sciences,4(3), pp.95-105. Simister, J. and Whittle, R., 2013. Ethical Investment and portfolio theory: Using Factor analysis to select a portfolio. Sojamo, S. and Larson, E.A., 2012. Investigating food and agribusiness corporations as global water security, management and governance agents: The case of Nestl, Bunge and Cargill.Water Alternatives,5(3), p.619. Stankov, S., 2014, November. Multiple Attribute Decision Making Methods Applied in Evaluation of Corporate Social Responsibility. InEuropean Conference on Management, Leadership Governance(p. 541). Academic Conferences International Limited. STEINBOCK VILLARROEL, C.A.R.O.L.I.N.E., 2012. Intellectual property and RD contracts: A closer relation between patent portfolio and contracts to guide and enhance strategic innovation decisions. Trenado, M., Romero, M., Cuadrado, M.L. and Romero, C., 2014. Corporate social responsibility in portfolio selection: A goal games against nature approach.Computers Industrial Engineering,75, pp.260-265. Uggla, H. and Nyberg, B., 2014. Need States: The Missing Link to the Brand Portfolio Strategy Paragon.IUP Journal of Brand Management,11(2), p.28. XU, Z., 2014. The Challenges of brand innovation in different brand portfolio strategies.

Word Processing Advantages and Disadvantages an Example by

Word Processing: Advantages and Disadvantages Word processing system is useful for drafting messages, minimal graphic work and for as template for preparing documents for slide shows/power point presentation. It is an application that allows the writer to find adjuncts for preparing articles, essays and business messages that can is in compliance with laws of concord and comprehension. Its production also includes editing, formatting and even printing. Need essay sample on "Word Processing: Advantages and Disadvantages" topic? We will write a custom essay sample specifically for you Proceed No doubt, the word processing is extremely useful for any research works, and even personal messages. It comes with other applications useful for office works such as work memo, letters, graphics, worksheets, etc. Its most useful advantage is that it helps to edit the typed materials: I t underlines the place that has errors. Such errors can spelling errors, non-compliance with syntax and grammatical laws. This can then be edited with the provisions provided by default from the application, or the writer can use discretion in that instance. It even provides explanation of the syntax involved. Word processing can automatically generate batch mailings, tables of figures and contents, cross-referencing, and even indices of keywords. These are parts of the text manipulation it can perform. In fact, it is the same application that is used for this writing! Disadvantages: words are usually restricted. Registers peculiar to specific professions are not usually present, and as such are perpetual sources of errors. Besides, it makes you to become dependent on the use of the application, and can not use some applications like WordPad without editing functions. And people are liable to spelling and syntax errors outside the application. REFERENCE http://www.answers.com/Q/What_are_the_advantages_of_word_processing_package