Wednesday, May 6, 2020

Ethical Scrapbook Free Essays

In any profession unethical behavior can be present, it is ultimately up to the individuals. They have to decide what is ethically right and not take short cuts or engage in unethical behavior. The banking profession, such as bank tellers, is exposed to large amounts of money. We will write a custom essay sample on Ethical Scrapbook or any similar topic only for you Order Now They can choose to be ethical and not attempt to steal from their clients, or they can act unethically by choosing to steal money. Another profession is research, there are conditions that exist for unethical behavior. When researchers conduct experiments, they usually write a report about their results. If the results do not go in the direction that they wanted them to, this gives the researchers an opportunity to act unethically. They can either choose to act ethically, and report the true results from the experiment, or they can choose to act unethically, and report the results in a manner that will benefit them. â€Å"In the process of making decisions regarding their professional behavior, psychologists must consider this Ethics Code in addition to applicable laws and psychology board regulations. In applying the Ethics Code to their professional work, psychologists may consider other materials and guidelines that have been adopted or endorsed by scientific and professional psychological organizations and the dictates of their own conscience, as well as consult with others within the field. If this Ethics Code establishes a higher standard of conduct than is required by law, psychologists must meet the higher ethical standard. If psychologists’ ethical responsibilities conflict with law, regulations or other governing legal authority, psychologists make known their commitment to this Ethics Code and take steps to resolve the conflict in a responsible manner in keeping with basic principles of human rights† (American Psychological Association, 2014). Another profession is professional sports, the athlete could take enhancement drugs to improve themselves at the sport, like taking steroids which is also against the law. Most athletes choose to  do what is ethical and stay away from drugs to ensure that they keep their jobs and the respect of their fans. In medical professions, doctors could take the unethical route and give their patients their drug of choice just to satisfy them, but doctors that admire what they do will be ethical and give the patient what they need and get them help if they are showing signs of drug abuse. â€Å"Within the patient-physician relationship, a physician is ethically required to use sound medical judgment, holding the best interests of the patient as paramount† (The Patient-Physician Relationship, 2001). Pharmaceutical companies are a profession that also has to choose to be ethical or unethical. The individuals that work for pharmaceutical companies are tempted to take medication for their own use. They may steal medications to sell them to make money for themselves. Politics also can contribute to ethical or unethical behavior. If politicians do not like something, they try to hide it from Americans, or they may not tell the whole truth of certain facts. Politicians are famous for covering all of the facts up. How to cite Ethical Scrapbook, Papers

Monday, May 4, 2020

Case Study and Lecture Notes about the Pest Analysis For Madame Tussau

Question: Describe about the Pest Analysis For Madame Tussauds? Answer: Introduction Madame Tussauds, London is the most attractive place not only of Britain but also of the world. This is due to reason that you can find every celebrity who is famous for their works in various sectors. The celebrities who are found in here can be tangible and intangible. It was basically a wax sculptor museum found by Marie Tussauds in 1835. But now it is more than a museum, the wax figures are only the half the story. It is the places which can answer a typical question that, what is the place where you can find celebrities of different countries, sections, communities at one place?. This is the place which has all star celebrity party, giving the leaders of the world the peace of mind and also the torments of horrible chamber of past killings (Wells and John ,2009). The completion of the story of the wax museum is with the people who are managing the place, who work hard to make things come alive and make every visit of the people a memorable one. Indentify concepts and best practices of management The management at the Madame Tussauds have high focus on the making the trip of the visitors the most memorable one. This is done by proper management of all the things, it include all the work like the management of lighting effects on the sculptors, the sitting area, the areas around the wax sculptors, keeping the sculptors clean, maintaining the work place in a best condition and etc. these are few of the responsibilities that are performed by the management people of the museum. To make the experience of the people as the best whenever they visit the place they have set up certain critical terms on which they work upon. It the best management which have made the name of the Madame Tussauds as a world renowned place and due to this they have may branches at different countries of the world. Since the time it is set up by Marie tussauds, and after her, her grandson who have lead the museum in most effective way which make the room of sculptors turned into a place of attraction for the people of the world. This is the place where you find the compilation of all the celebrities of the world at one place. This time the management is with Merlin Entertainment Group Limited (GB) which is handing the European branches of the Madame Tussauds and they are handling it in a much better way as it was before. Now it is privilege place for all the royal ceremonies, the best example for this is when the sculptors of her royal highness Elizabeth II and the Price Williams Kate Middleton at the royal area of the museum which was the most media attraction things at that time at Madame tussauds. The following are couple of pictures of royal area and including some other past images. The best management team does achieve this success all in all. They have certain hard working efforts to make the place live up to the world standards. For this they have set up some very effective rules and regulations for the staff and the few are discussed below:- They have set up strict systems like the first step start with the punctuality of the people who are working in the museum. The management of all the sections of the museum by assigning the jobs to all the members and follows the terms of that job strictly. The work that is assignment to someone should be done well before the time period. This will give the flexibility to make changes if required. About the main ruling area of the Madame Tussauds where the people gather should be well maintained and the changes should be done on certain period of time so that people could experience a different thing at every visit to the museum, make it more excited for people (Wells and John ,2009). Setting up of various rules and regulations for the people who visit the museum and made them follow that rules. Setting up certain preventive measures if the rules are not followed by the people. This is done by setting up various security sections in the museum. All people have valid ticket for the admission in the attraction centre. These are few of the rules and regulations that are set by the management committee of the museum. So that anyone may not breach the rules and make the things not suitable as it is required. Staff stretegies/ procedure for customer care Madame Tussauds is reorganized as the most effective brand which has strong reputation throughout the world and is the second strongest group of the world after Disney. The staff which is engaged in making the things better, runs with some strategies and procedures which are always needed to be followed by the staff. There different section of staff strategies which include:- The marketing mix of four Ps PEST analysis for Madame Tussaud SWOT analysis for Madame Tussaud. These are the three most valuable and important strategies of the staff of Merlin group for Madame Tussaud. The brief description of all the three strategies are discussed below:- Marketing Mix of Four Ps:- The marketing mix is the perfect blend all the things that are required to promote the right product, at the right price, at the right place and with perfect form of promotion of the product. That means the four ps are the product, price, place and promotion. This is the most basic and most impressive form which maintains the balance in the product and the services which are introduced into the market. The brief introduction to all fours are given below:- PRODUCT: - This is the most important part of the marketing mix, as it is the main source where the group can generate sales revenue. Without this no one can think of the profit that is to be gained when the sales will rise about the product. At the Madame Tussaud in the second renowned tourist spots in the world. Due to the presence of wax statues of the celebrities, royal figures and highly profiled political leaders, the people feel facilitated make them to their loved ones at one place. so it is quite important to show the right product which will attract the people with full strength. Price: - The price of the product that is being introduced in the market should be right price so that people do not feel that is above the range of their pockets. To give the best experience to the people which spent the handsome sum of money to be the part of Madame Tussaut, the staff of the Merlin group do the best that they will give the full outcome of the money which the people have spent to experience the privilege of Madame Tussaut. This can also help increasing the revenue of the group. There are different kind of offer they introduce in the market to attract the customers towards them. So the right pricing of the product is necessary. Place:- Finding the perfect place where the marketing of the product is done. The place should be the one where most the people get attracted and getting awareness of the offeres that are being introduced and what kind of new product that is being introduced by the group. Madame Tussaud has different branches in the world like in America, Amsterdam, new York, Sydney, las vegas and many other places where there are the people which get attracted by seeing the history of the place. Promotion:- this the most perfect method with which you can know the interest of the people and their reactions towards the product that si being introduced. The most important thing is the promotion of the product in right way so that it may not give wrong meaning to the people outside in the market. Madame Tussaud use different kind methods of promotion of the product like advertisements, use of social media, interaction with the people directly, by sponsoring the brands and etc. which attract the eye of the customer and this further brings the better outcome for the future of the company. So these are the four Ps which always being the part of the staff strategies to boostn the business to the next level and generate Huge amount of revenue for the development of the museum (Weinstein, 2015). PEST analysis for Madame Tussauds:- The people who are working with the organization need to do PEST analysis. The full form of PEST is given by the important section are needed to be analyzed at every step it include politics, economy, social and technology. Politics:- Madame tussauds is engaged with the politics at every level. This is due to the reason that it the world renowned place and it is the connect with every government rule and regulation, the employment laws, the entertainment laws and many other with make it attached to the system politically (Goldsby, 2015). Economy:- from the economic aspect the staff of the merlin group so active and due to their efforts upto now around 500 million people have visited this place till the time it has set 250 years back. It is thing of high privilege that it is still doing the same as it was before and each figure costed by the people of Madame Tussaud is around $125000. That means the team which is involved in the group is highly responsible and the managers are highly skilled to maintain that international level economically. Social:- The staff of the Madame Tussaut high attached socially with the people. As it is the most favorable tourist attraction of the world. And is highly renowned because of its 200 years old wax sculptor legacy. It has every section that helps in entertaining the people at vast level. The social handling of the people is done with help of the internet, using of the social websites, interacting with the people personally. The team Madame tussaut consists of 1300 employees and the managers who are managing them to give their best and with social responsibility. Technology:- with the change of the time and technology, the usage of the advancement of the technology to make the place a perfect junction of the worlds best things at one place. To bring the improvement in the wax work of the sculptors the use of the latest technology gives the better outcome of the hard work done. So Merlin group staff always prefers to use the latest technology in the work (Goldsby, 2015). These are the important PEST analysis done by the staff members to make the perfect strategy to work with and use the right skills at the right time make them the world leaders in the wax sculptor making sector. SWOT analysis:- The SWOT analysis is done by the staff to check the strengths and weaknesses of the staff, to get the performance of the employee at every stage of work that is being conducted. This brings the quality assurance to the people who are the loving people of Madame Tussauds. The word SWOT actually means strength, weaknesses, opportunities and threats. This section will tell what are the basic strengths of the group that will lead it in the beneficial way and which section is the weakest that means with the analysis of these factors the staff will know who is performing well and which one is weak. With this Madame Tussaud make use of the opportunities to growth and achieving the organization objective in a better way. This gives the opportunity to explore into the new market and getting the business and increase the revenue of the government (Agrawal, 2015), January With this there is also inclusion of the threats that can be internal of external which can affect the group in a bad manner. So there is always need to take the precautionary action and get prepared to face these find of situations. With the use of intelligence the overcoming techniques will be found by the help of the staff. So these all above are the staff strategies and procedure to the customer care. These factors increase the responsibility of every employee that is working with the organization. Asses Madame Tussauds against principles in visitor attraction assurance scheme (VAQAS) According to the visitor attraction assurance scheme it is said the promotion should be done in accordance with the timings when the people visit the places at the most and promotion should be done by setting the time of visit between those highly engaged timings of the people. There should set period of the years in which the visitors can visit the place. But as we talk about the Madame Tussaud, it violates every quality assurance scheme. Because it is the place which is never empty, from the perspective of the visitors. If there is no international engagement of the visitors then there is a queue of the local residents to visit the place. This is due to the reason why that Madame Tussaud is the second most likable place in the world after Disney. There is always the engagement of people to see the wax world of the celebrities of the world and see them at the closest. Conclusion In concluding all the above facts about the Madame Tussaud, I came to the conclusion that being against the quality assurance schemes, it dont means that Madame Tussaud is not following the rules of the system. This happens due to its high level demand as a visitor attraction spot of the world. It is the second after the Disney which are highly renowned throughout the world ( Agrawal, 2015). The best efforts and planning of the staff that is working with the group make the things more better as before by using the latest technologies of lights and the wax that is being used by the artist in making the sculptures of the celebrities. They are carrying the legacy of 200 years of the place in much better way which results in 500 million visitors that visit the place from different section, countries and races of the world, which is the thing of high privilege. References Pest Analysis For Madame Tussauds Marketing Essay, Madame Tussaud List of rule and regulation of the Madame Tussaud for the visitors. Royal places in the Madame tussauds, the main attraction place, London Wells, John C.(2009). "Tussaud's".Longman Pronunciation Dictionary. London: Pearson Longman.ISBN978-1-4058-8118-0. Rothstein, Edward (24 August 2007)."Ripley's Believe It or Not Madame Tussauds".The New York Times. Retrieved12 May2010.: "Madame Tussaud (who gave the attraction its now-jettisoned apostrophe) ..." Times Online Style Guide M: "Madame Tussauds (no longer an apostrophe)." "The History of Madame Tussauds". Madame Tussauds.com. "Madame Tussauds to repair beheaded Hitler". Associated Press. 7 July 2008. Retrieved7 July2008 "Meltdown (At Madame Tussaud's) Meltdown Steve Taylor Discography". Sock Heaven. Retrieved14 November2010. Ozzy Osbourne scares people at Madame TussaudsonYouTube. Retrieved 30 May 2010 Awan, W. A., Salam, A., INAM, S. G. (2015). The impact of marketing mix (5 Ps) elements on sales of UPS: A case of Karachi MarketBuyers perspective.VFAST Transactions on Education and Social Sciences,6(2). Innis, D. E. (2015). Modelling the Effects of Customer Service Performance on Purchase Intentions in the Channel. InProceedings of the 1993 Academy of Marketing Science (AMS) Annual Conference(pp. 594-594). Springer International Publishing. Barrett, H., Weinstein, A. (2015). Corporate entrepreneurship, the marketing mix, and business performance. InProceedings of the 1997 Academy of Marketing Science (AMS) Annual Conference(pp. 144-150). Springer International Publishing. Rao, C. P., Agrawal, G. C. (2015, January). Marketing Decision Variables in the Context of a Developing Country. InProceedings of the 1990 Academy of Marketing Science (AMS) Annual Conference(pp. 198-202). Springer International Publishing. Goldsby, T. J., Goldsby, M. G. (2015). The Four PS of Green Marketing: A Critical Review of the Literature. InProceedings of the 1997 Academy of Marketing Science (AMS) Annual Conference(pp. 46-46). Springer International Publishing..

Monday, March 30, 2020

An Unlikely Source of Gratitude †and How it Changes Lives

An Unlikely Source of Gratitude – and How it Changes Lives I don’t pay much attention to my Facebook news feed, but this morning I woke up to something that caught my attention. My friend Jacob in Minneapolis had posted a message of gratitude. Gratitude that he was alive, and that he has such a supportive community of friends and family. This sort of message might not be an attention grabber if it weren’t for its context: Jacob, an avid cyclist, had been hit by a minivan on his way to work the day before his message. The story was newsworthy: the driver of the minivan had just tried to hang a toddler in her home and had hit and dragged another pedestrian for blocks as well. Jacob chose to focus on gratitude. Thankfully, Jacob escaped with his life and two breaks in his leg that required surgery. For someone whose life is focused around cycling, dancing, and skiing, an injury like this could be devastating. But, despite the fact that my friend’s bike was crushed, his spirits most definitely were not. Last year, another friend who makes his living through physical performance had a major injury that sidelined him for months. He expressed similar gratitude and has made a full, bright recovery. And there’s always the remarkable James Hinchcliffe, the only person ever to survive the type of severe internal injuries he incurred in a 2015 race car driving accident. After a remarkable recovery, he is one of the favorites on the current season of Dancing with the Stars and reports about the crash, Every day I wake up with an attitude and an outlook on life that I wouldnt have had without it. So Im reminded every day of all the good that came out of it. A famous 1978 study of recent paraplegics found that they are equally as happy if not happier than recent lottery winners – largely because they are able to gain pleasure from everyday activities that might not give pleasure to someone who has just acquired an outside item. The pleasure of a win can fade, but the pleasure of appreciating life does not. Jacob’s story, and other stories of survivors, are great examples of how gratitude can make a difference and inspire others. Perhaps because of his spirit, a GoFundMe campaign easily surpassed its $5,000 goal in just one day, climbing quickly (through almost 200 donations of $100 or less) toward the $7,000 mark. People like gratitude. Gratitude inspires gratitude! Yesterday a friend said to me, â€Å"Life it great! It is different every day!† I agree, and this week especially I am remembering to appreciate all the gifts it offers – especially those that might not look like gifts on the surface. I wish the same for you as you head into Thanksgiving week. Can you find gratitude for something you might not have felt grateful for? That’s a practice that will lead to a joyous life. Save Save Save

Saturday, March 7, 2020

Writing an Executive Summary that Emotes Confidence

Writing an Executive Summary that Emotes Confidence This article illustrates a simple rhetorical strategy, to apply at the sentence level, to increase your readers’ perception of your executive ability. This is a very useful strategy for all executive writing, but it is particularly important when writing an executive summary. Executive writing should embody both confidence and competence. If you write with a confident tone, it quietly affirms your leadership abilities to your readers. And, if you are smart and ambitious and aspire to executive level, you also want to present a confident voice in your writing tone because it will help you advance. During a recent training, a new executive shared with me that she had received feedback that she needs to â€Å"own† her decisions more strongly in all her communication, but especially in her executive summaries. The leadership team in her company felt her writing came across as tentative. When I reviewed her writing, I saw a common rhetorical error. Avoid Unnecessary Introductory Words This often stems from the very common â€Å"I am writing to tell you† approach. It is superfluous (and feels a bit like a grammar school essay) to remind your reader you are writing. I am writing to tell you that your order was shipped on Friday, January 26. You should receive it by Tuesday. Better: I am writing to tell you that Your order was shipped on Friday, January 26. You should receive it by Tuesday. Executives often fall into this same rhetorical trap by including weak introductory recommendation words: I believe closing our satellite office is the best decision. Enrollments declined 17% in 2012 and 9% in 2011. This accelerating decline reflects the program duplication with our satellite and main office programs. Better: I believe Closing our satellite office is the best decision. Enrollments declined 17% in 2012 and 9% in 2011. This accelerating decline reflects the program duplication with our satellite and main office programs. Avoid Using Qualifying, Opinion-Based Introductory Words Words like believe, think, or feelinfer a less confident voice. Instead of calmly owning your decision, this construct sounds less sure. A reader will likely think your statement is based on opinion more than clear business analysis and decision. Best: There is one verb, however, that works powerfully to convey confidence. Do use it when you want to make a strong, decisive executive impression. It connotes real ownership of your decision: I recommend closing our satellite office is the best decision. Enrollments declined 17% in 2012 and 9% in 2011. This accelerating decline reflects the program duplication with our satellite and main office programs. Notice that the verb recommend is so decisive it eliminates the need for the supporting statement â€Å"is the best decision.† I recommend clearly connotes your confidence and assessment of a business situation. It sounds confidently authoritative, but not at all brusque. Eliminate any tentative introductory clauses in your sentence structure when making executive assessments, and always eliminate them when writing an executive summary. This simple, yet very effective, rhetorical strategy will help you conveymore confidence and executive tone in your writing. Learn More in this Course: Writing anExecutive Summary.

Thursday, February 20, 2020

Trategic Marketing Plan Essay Example | Topics and Well Written Essays - 3500 words

Trategic Marketing Plan - Essay Example Today, thi form of global marketing i referred to a the hybrid trategic approach, or "glocalization." The trategic intent i to ue a centralized trategic "footprint" to build global brand identity, while allowing country-pecific flexibility in the executional or tactical and communication mix deciion. When determining what the trategic implication are for global interactive advertiing under thi form of marketing, one find that the concept of global marketing and global interactive advertiing are no longer utilizing an ethnocentric perpective. Intead, global marketing hould be conidered polycentric or geocentric (outward looking). Global marketing acknowledge and ue trategic intent to coordinate the combination of centralized corporate or brand directive with more localized adaptation in interactive advertiing placement and executional deciion-making. Thu, global marketing doe ugget that reaching global conumer i a trategically intended outcome of a hybrid trategic approach. In more de tail, four main factor included in the above-mentioned approach are product, price, place, and promotion. In other word, when marketing their product, whether locally or globally, firm need to create a ucceful mix of: A product i defined a: "Anything that i capable of atifying cutomer need". Then the product i the central point on which marketing energy mut focu. Finding out how to make the product, etting up the production line, providing the finance and manufacturing the product are not the reponibility of the only marketing function. However, it i alo concerned with what the product mean to the cutomer. Marketing therefore play a key role in determining uch apect a: * the appearance of the product - in line with the requirement of the market * the function of the product - product mut addre the need of cutomer a identified through market reearch. Buinee need to regularly develop new product and market for future growth. A ueful way of looking at growth opportunitie i the Anoff Growth Matrix which ugget that there are four main way in which growth can be achieved through a product trategy: (1) Market penetration - Increae ale of an exiting product in an exiting market (2) Product development - Improve preent product and/or develop new product for the current market (3) Market development - ell exiting product into new market (e.g. developing export ale) (4) Diverification - Develop new product for new market Analyi and Interpretation One thing hould be pointed out i how a product appear in relation to other product in the market, or how importance the brand of a product i. Brand i a mixture of tangible and intangible attribute ymbolized in a trademark, which, if properly managed, permit a buine to differentiate it product and ervice from thoe of it competitor, add extra value for conumer who value the brand and improve profitability. Profeor David Jober identifie even main factor in building ucceful brand: Quality Quality i a vital ingredient of a good brand. Remember the "core benefit" - the thing conumer expect. Thee mut be delivered well, conitently, etc... Reearch confirm that, tatitically, higher quality brand achieve a higher market hare and higher profitability than their inferior competitor. Poitioning Poitioning i about the poition a brand occupie in a

Tuesday, February 4, 2020

Categorize Costs as Fixed, Variable and Semi-Variable for a Given Assignment

Categorize Costs as Fixed, Variable and Semi-Variable for a Given Scenario - Assignment Example Contribution per product/customer will calculate how much contribution a certain product would earn for every unit of sales generated, which is expressed as a percentage or decimal. If the C/S ratio is 0.4, for every  £1 of sales revenue, 40 pence will be a contribution. Cost-Volume-Profit analysis looks at changes in profits as variable costs, fixed costs, sales price and quantity change. It is also called â€Å"what if?† analysis and it particularly looks at sales less variable costs. It is also called a contribution. With the contribution, management can easily understand the level of sales that they are likely to start making profits or cover all costs. For one to have a successful business there must be a clear understanding of the financial impact that basic financial decisions may pose (Dohr, Howell 1946, p15). One is ought to know his or her most profitable services or products, what will happen if sales volumes will suddenly drop, the impact of lowering sales prices or taking a loan, etc. To answer these questions, Cost/Volume/Profit (CVP) analysis becomes the answer (Atkinson 1997, p51). Cost/Volume/Profit analysis examines the relationships between variable costs and fixed costs, profits and sales volumes. The contribution margin analysis will help an entrepreneur in comparing the profitability of different products, services or even a line that he or she is offering. Breakeven analysis will help a businessperson to tell the sales volumes that he or she will need to breakeven under different cost scenarios and prices (Upchurch, 2002, 72). Operative leverage, on the other hand, will examine the degree at which the business is using fixed costs, this will in turn magnify the returns when there is an upturn in sales and will also magnify losses as sales will be  dropping.