Stock Market Report - Macys Inc - Free Essay Example

Sample details Pages: 9 Words: 2837 Downloads: 8 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? Stock Market Report Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc A Stock Market Report that reveals various areas of the publically traded company Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s. Student will share research and report on topics such as Company Background, Product Line, Competition, Diversity Management, etc. throughout this report. Stock Market Report Name of Company: Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. Ticker Symbol: M Security Market: NYSE Company History R.H. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Co., today known as Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. was founded by Rowland Hussey Macy, business man who owned four retail stores previously. In 1858, in New York City on Sixth Avenue-between thirteenth and fourteenth Streets the first R.H. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Co store opened. In 1875 Macy, took on two partners on his business venture Robert M. Valentine and Abiel La Forge. R.H. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Co started as a small dry goods store , with its expansions now carrying a variety of products including clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and house wares it has become the nationà ¢Ã¢â€š ¬Ã¢â€ž ¢s largest retailer. Through marketing and advertising they ensured the expansion success of the business. à ¢Ã¢â€š ¬Ã…“In 2014 Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s totaled seven-hundred and ninety-three total locations across the nationà ¢Ã¢â€š ¬Ã‚  (Macys Inc. 2012). The companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s headquarters is located in Cincinnati, Ohio, accompanied by a well-known flagship store in Herald Square located in Midtown Manhattan in New York City. à ¢Ã¢â€š ¬Ã…“Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s pioneered such revolutionary business practices such as the one-price system, in which the same item was sold to every customer at one price, and quoting specific prices for goods in newspaper advertisingà ¢Ã¢â€š ¬Ã‚ (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc). After many acquisitions over the years that have both contracted and expanded the company. Macys Inc is divided into mid-tier Macys and Bloomingdales, an upper-tier store that sells more exclusive items. Currently in 2014, the CEO of Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s is Terry J. Lundgren . Macys has not only liberated business practices to suit their consumers, but they also provide the diversity of its merchandise to their customers. Product/Se rvice Line Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. is a global department retailer with stores across the nation carrying a variety of private brands and third party goods , including mens, womens and childrens apparel and accessories, cosmetics, home furnishings and other consumer goods. à ¢Ã¢â€š ¬Ã…“Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s offers powerful assortments and the best brands, tailored to each and every customer with obvious value, engaging service and unforgettable moments, creating a product mix that cannot be competed withà ¢Ã¢â€š ¬Ã‚ ( Sluzewsk, 2012). In the household department, various private brands such as can be found Dyson, Kitchen Aid, and Cuinstart. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s also carries private brands such as Calvin Klein, Tommy Hilfiger, Charter Club, and Ralph Lauren in all apparel departments including Menà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Womenà ¢Ã¢â€š ¬Ã¢â€ž ¢s, and Childrenà ¢Ã¢â€š ¬Ã¢â€ž ¢s. Consumers can shop at Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s and purchase a Kitchen Aid Blender, Cliniqu e foundation, and Jessica Simpson heels in the same store. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s has the largest selection of private brands and exclusive lines, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s also relies on big-name designers to get shoppers in the door. à ¢Ã¢â€š ¬Ã…“Such brands allow retailers to eliminate middlemen and capture more earnings. Exclusive partnerships, such as Macys with Madonna and J.C. Penney Co.s with Liz Claiborne, are also on the riseà ¢Ã¢â€š ¬Ã‚  (Miller). Mission Statement Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc mission statement is Our goal is to be a retailer with the ability to see opportunity on the horizon and have a clear path for capitalizing on it. To do so, we are moving faster than ever before, employing more technology and concentrating our resources on those elements most important to our core customers. (Alchin 2012). Most recently Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s has been implementing the M.O.M and Omni-Channel strategies to focus on capitalization of customer interaction to p roduce customer awareness. M.O.M strategy includes My Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢sis our formula for localization à ¢Ã¢â€š ¬Ã¢â‚¬Å" in merchandising, in marketing and in the shopping experience. The Omni-Channel Strategy also known as the Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s App à ¢Ã¢â€š ¬Ã…“ uses technology and mobile devices allows customers to browse online, then come to Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s to lie on the mattress or try on the shoes before buying them in the storeà ¢Ã¢â€š ¬Ã‚  (Sluzewsk). Competition Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s operates in the retail markets of United States which is a highly competitive in environment with an immense selection of market players offering a wide range of products. The company faces certain level of external threats in its competitive market of monopolistic competition exists. In monopolistic competition market or industry characterized by numerous buyers and relatively numerous sellers trying to differentiate their products from those of competitors. Ma cyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. largest competitors are Dillardà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc, J.C. Penny Corporation Inc. , and Saks Incorporated (Yahoo Finance). All three of Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s top competitors create this monopolistic environment by selling differentiated products, in their stores such as private-brand labeled goods. My Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s localization, Omni channel Strategy, and MAGIC Selling are what make Macys Inc products different from their competitors. The company implements all three of these strategies to set itself apart from competitors by providing a world class customer service with MAGIC Selling. The Omni channel creates personalized experience by recognizing and fostering brand advocacy while driving repeat purchases. Lastly, with My Macys localization, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. is able to locate to fit each customerà ¢Ã¢â€š ¬Ã¢â€ž ¢s specific merchandise need. With diversity of its merchandise ensured at low prices, the three strategies stated above, it assists the company in defining its niche in retail markets. Industry Market Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s participates in the retail industry of department stores .The Retail Department Stores industry consists of companies engaged in the operation of department store chains including auxiliary Internet and mail order facilities; the industry is limited to department store retailers offering a diversified product line (Miller). à ¢Ã¢â€š ¬Ã…“The Department Store Industry collected about two hundred-billion in revenue dollars, with an annual profit growth of 0.3% in 2013à ¢Ã¢â€š ¬Ã‚  (IBIS World). Of the two hundred million in revenue collected by this industry, 9.35 billion belong to Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. à ¢Ã¢â€š ¬Ã…“Macys is the largest U.S.department storecompany by retail sales and is the sixteenth-largest retailer in theUnited Statesin 2013 in terms of revenueà ¢Ã¢â€š ¬Ã‚  (Hoovers). Products are sold throughout stores nationwide in the domestic marke t as well. Products are also sold in the global and international market through Macys Inc. Macys.com. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s markets its products in over one-hundred countries including Australia, Canada, the United Kingdom, Antigua and Barbuda, Argentina, Austria, Bahrain, Bangladesh, Barbados etc. à ¢Ã¢â€š ¬Ã…“International shipping will enable Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s to build upon its existing customer base beyond the United States by exposing our product offerings abroadà ¢Ã¢â€š ¬Ã‚ (Alchin). Ethical and Social Responsibility Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc has an ethic code that is both integrity and compliance based. The ethic code can be found on an internet website named eMag for Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s. The company does not have an ethics officer but if a problem occurs an HR Manager must be contacted. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc participates in many philanthropic pursuits whether ità ¢Ã¢â€š ¬Ã¢â€ž ¢s done internally with the help of employee engagement or exte rnally through customer engagement. Internally, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc partnered with United Way fund to allow employees to contribute a portion of their paycheck weekly. à ¢Ã¢â€š ¬Ã…“More than 700 United Way chapters across the United States received contributions totaling more than $10.9 million from Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc. associates during 2013à ¢Ã¢â€š ¬Ã‚  (Sluzewsk).Another philanthropic pursuit carried out by Macys Inc. includes there Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s à ¢Ã¢â€š ¬Ã‹Å"Thanks For Sharing Programà ¢Ã¢â€š ¬Ã¢â€ž ¢ a holiday gift rewards program allowing customers to give back to charities while spending money in the store. à ¢Ã¢â€š ¬Ã…“Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s contributed $14.7 million to charities such as à ¢Ã¢â€š ¬Ã‹Å"Go Red for Women,à ¢Ã¢â€š ¬Ã¢â€ž ¢ à ¢Ã¢â€š ¬Ã‹Å"Make-A-Wish Foundation in 2013à ¢Ã¢â€š ¬Ã‚  (Sluzewsk). Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc is always involved in community relations with neighboring communities. In a recent campaign à ¢Ã ¢â€š ¬Ã…“Great Give Backà ¢Ã¢â€š ¬Ã‚  each Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s location nationwide was given a local park which they had to raise money for. At Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Tysonà ¢Ã¢â€š ¬Ã¢â€ž ¢s Corner in Virginia customers were encouraged to donate funds to support the Wolf Trap National Park Performing Arts in Vienna, Virginia. Diversity Management Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc does meet its corporate responsibilities by hiring minority workers. à ¢Ã¢â€š ¬Ã…“Racial minorities represent more than 52 percent of our associate team and more than 39 percent of our management teamà ¢Ã¢â€š ¬Ã‚  (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s). Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc ensures that diverse perspectives are vital to their company promoting diversity greatly from the individual strengths of each associate. Public Safety Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s purchases its products through a third party company which legally requires them to offer safe products. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s private brand me rchandise allow unannounced factory inspections for contractual compliance, as well as for compliance with laws and regulations dealing with child or forced labor, wages and hours, and unsafe working conditions (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s). The company does provide safe working conditions for its employees as well. At Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc., our commitment to safety and health is based on a vision to create an environment free of hazards for both employees and guests. Establishing, implementing and enforcing good safety standards and best practices at every location accomplish this (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s). Environmental Policy The company takes measures to minimize overall waste and pollution by following à ¢Ã¢â€š ¬Ã…“Sustainability Guidelinesà ¢Ã¢â€š ¬Ã‚ . One of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s policies on sustainability includes à ¢Ã¢â€š ¬Ã…“Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s 5-Point Action Planà ¢Ã¢â€š ¬Ã‚ , this plan is designed to ensure that Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc.à ¢Ã¢â€š ¬Ã¢â€ž ¢s commitment to sustainability is multidimensional. Point one ensures that Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc will be aggressive in our drive to eliminate wasteful behavior, point two ensures Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc will reduce our use of scarce resources in a meaningful way. Point three ensures that whenever possible and sensible within the context of our business requirements, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc. will pursue the most environmentally-friendly solution. Today 100% Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s shopping bags are made of 100 percent recycled paper with 50 percent post-consumer content and are totally recyclable.(Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc) Point four Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc will take a comprehensive approach to sustainability, involving everyone around us we will measure what we do and strive toward quantifiable goals. According to business fact book Growth on all Fronts Terry Lundgren states à ¢Ã¢â€š ¬Ã…“As a leading national retailer with a signiÂà ‚ ¬Ãƒâ€šÃ‚ cant workforce, we have the opportunity to make a meaningful difference in improving the environment and we do so by using resources more efficiently and striving to reduce our overall impact on the environmentà ¢Ã¢â€š ¬Ã‚ (Sluzewsk). Form of Business Ownership Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc is a publically shared company owned by various banks and institutions. The company is considered a Conventional-Corporation because it has more than one hundred shareholders. Under the C-Corporation regulations, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc also is a state-chartered legal entity with authority to separate from it ownerà ¢Ã¢â€š ¬Ã¢â€ž ¢s as well. Another factor that sets apart Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc into a C-Corporation is because it has liability separate from its owners. Cooperate Mergers Since its opening in 1858 Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc has had quite a few corporate mergers expanding the company into what we know as Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc today. Both horiz ontal mergers and horizontal acquisitions were made outside of the New York City region. In 1986 Edward Finkelstein, Chairman CEO of R. H. Macy Co., Inc., led a leveraged buy-out of the company and subsequently engaged in a takeover battle for department retailers(IBIS World). At the start of 1994, Federated began pursuing a merger with Macys. After a long and difficult courtship, R. H. Macy Co. finally merged withFederated Department Storeson December 19, 1994. Department stores in Federated Department Stores, Inc. were formed as a holding company by several different family-owned department stores, including Abraham Straus and FR Lazarus and Fileneà ¢Ã¢â€š ¬Ã¢â€ž ¢s of BostonFederated also merged itsAbraham Straus, Jordan Marshdivision with the new Macys East organization based in New York. In mid-1995 Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. sought to acquire the bankruptWoodward Lothrop/John Wanamakerorganization in the mid-Atlantic region. Consequently Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. l ost bid to rival group and future acquisition targetThe May Department Stores Company. Acquisition with The May Department Stores Company taken place on February 28, 2005, Federated agreed to terms of a deal to acquire.à ¢Ã¢â€š ¬Ã…“The May Department Stores Companyfor $11billion in stock, creating the nations second largest department store chain with $30billion in annual sales and more than 1,000 storesà ¢Ã¢â€š ¬Ã‚ (IBIS World). On July 28, 2005, Federated announced, based on the success of converting its own regional brands to the Macys name, its plans to similarly convert 330regional department stores (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc). Product Distribution Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc distributes its products through three channels, including their own retail stores, e-commerce website, and fulfillment centers. The company uses e-tailing to sell their products as well. Macys.com has enabled customers globally; to order merchandise from Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s that cannot be found in stores in their home country. With technology and mobile devices taking over Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s has implemented a distribution network that the company uses called OmniChannel. With OmniChannel pertains to in-store, online, and mobile customer interaction so it can have a 360-degree view of customer shopping habits, and so it can collaborate merchandising strategies and integrate the shopping experience across all channels. à ¢Ã¢â€š ¬Ã…“Macys goal has been to cater to the omnichannel consumer, not just in the sense to cater to each type of consumer, but Macys is also using digital technology for marketing purposesà ¢Ã¢â€š ¬Ã‚ (Miller). Marketing and Promotional Mix Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc, fosters various departments, which in result leaves target markets their products to a wide range of consumers varying in age and gender. The typical consumer shopping at Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s is bargain savvy and looking for the best price possible for a quality item. For example an expansion for a new Impulse apparel and accessories department, would be targeted toward 13- to 30-year-old shoppers. The company uses a combination of advertising, MAGIC selling, sales promotion, and credit incentives to inform consumers about their products. For example, when a customer applies for a Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Credit Card the cardholder is eligible for 20% discount off their purchase for that day and the subsequent day. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s also airs television ads before their sale events to inform customers for upcoming sales promotions. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s does have a public relations office located in New York City. They their stakeholders with information on topics including range of news items, such as scheduled events, personal promotions, awards, new products and services, sales and other financial data, accomplishments. Recently Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. has had favorable publicity from the media. The most recent press release are articles reporting topics such as expansion of private brands in a specific department. Tommy Hilfiger will expand his womenà ¢Ã¢â€š ¬Ã¢â€ž ¢s apparel brand, to bring in a collection with celebrity Zooey Deschanel that captures the classic à ¢Ã¢â€š ¬Ã…“American Iconà ¢Ã¢â€š ¬Ã‚  looks with an array of merchandise varying from skirts, to pants, and dresses (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc). Financial Information à ¢Ã¢â€š ¬Ã…“Year over year, Macys, Inc. has seen revenues remain relatively flat $27.7BUSDto $27.9BUSD, though the company was able to grow net income from $1.3BUSDto $1.5BUSD. A reduction in the percentage of sales devoted to selling, general and administrative costs from 30.64% to 30.22% was a key component in the bottom line growth in the face of flat revenues.à ¢Ã¢â€š ¬Ã‚  (Miller). Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s also has assets totaling $21,634 dollars a $643 increase from last yearà ¢Ã¢â€š ¬Ã¢â€ž ¢s total. Total Liabilities and Shareholdersà ¢Ã¢â€š ¬Ã¢â€ž ¢ Equity for Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. was $21,623. For the 52 weeks of fiscal 2013, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc.à ¢Ã¢â€š ¬Ã¢â€ž ¢s operating income totaled $2.678 billion.. Earnings per diluted share were $4.00 for fiscal 2013, excluding pre-tax expenses and asset impairment charges of $88 million. à ¢Ã¢â€š ¬Ã…“The company is reiterating its annual sales and earning guidance, initially provided on January 8, 2014. Comparable sales growth in fiscal 2014 is expected in the range of 2.5 percent to 3 percent. Earnings of $4.40 to $4.50 per share are expected in 2014.à ¢Ã¢â€š ¬Ã‚ (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc). Closing Comments During the research and investigation of this report I learned different aspects of the company not only from an internal viewpoint but as well as an external viewpoint. After my investigations I believe Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. stock is a good investment. I would invest in this company because through my research I have found that Macyà ¢Ã¢â€ š ¬Ã¢â€ž ¢s Inc is a sustainable company always using technology to its advantage, which is why the are one of the worldà ¢Ã¢â€š ¬Ã¢â€ž ¢s largest omni-channel retailers. In my investigations I also found that Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s has a made expansions in order to adapt to an ever-changing industry, which is key to staying profitable in this industry. In conclusion I would invest in Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s because the business practices are profitable and their social responsibilities are in line with my personal morals. Works Cited Alchin, Linda. Macys.Macys. Sisteen Ltd, 2012. Web. Apr. 2014. IBIS World. Department Stores in the US: Market Research Report.Department Stores in the US Market Research. NAICIS, Web. Apr. 2014. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s: A History Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc.Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s: A History Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc.Macys Inc, 2014. Web. 05 Apr. 2014. Macys Inc (M) Ownership Summary.NASDAQ.com. 2014. Web. Apr. 2014. Macys, I nc. Names of Competitors.Macys, Inc. Names of Competitors. Hoover, 2011. Web. Apr. 2014. Miller.An Integrated Company Analysis of Macys. Business Library, Dec. 2013. Web. 2014. Nickels, William G., James M. McHugh, and Susan M. McHugh.Understanding Business. New York: McGraw-Hill Irwin, 2013. Print. Sluzewsk, Jim.Growth on All Fronts.FDS.com. Macys Inc., 2012. 2014. Print. Strider. Press Release Investor Relations Macys Inc.Press Release Investor Relations Macys Inc.Macys Inc., 2014. Web. Apr. 2014. Yahoo Finance. Macys, Inc. Company Profile.Yahoo Finance. Yahoo, 2013. Web. Apr. 2014. Don’t waste time! Our writers will create an original "Stock Market Report Macys Inc" essay for you Create order

Global Warming A Catastrophic Situation - 1956 Words

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Strategies help students stay engaged and think about what they are reading (Lynch, 2012).Read MoreTeaching And Learning Styles And Teaching Essay1610 Words   |  7 Pagesand science of educating children, the strategies for using teacher professional knowledge, skills and abilities in order to foster good learning outcomes’ (p.3). Teaching and learning is a two-way process. Teachers choose the effective instruction modes to disseminate knowledge. Students adapt to different learning styles and use different learning strategies to help them process the information. When teachers receive evaluations and feedbacks from students, they revise, reconstruct and re-enactRead MoreMemory Loss In Memory853 Words   |  4 Pages One study measured memory capacity through different number of words recalled as well as memory efficiency (through selectivity based on value assigned to different words) in different age groups (Castel et al., 2011). This differs from tests looking at episodic memory (free recall) by examining control of attention can result in encoding high-value information. Age-related differences were found in memory capacity (through number of words recalled). This study used a selectivity task where participantsRead MoreIf Only They Knew: Which Techniques are more Effective in Order to Receive Higher Test Scores870 Words   |  4 Pagesit is proven that techniques such as practice testing and distributed learning help improve the scores of students as opposed to the most popular forms of studying like rereading and highlighting. Overall, researchers have come to the conclusion that practice testing and distributed learning received the highest effectiveness rating (Which study strategies make the grade? Popular strategies found ineffective). Practice testing is useful in the sense that it prepares you for possible questions

Human Science And Natural Science - 1276 Words

Disagreement may aid the pursuit of knowledge in the natural and human sciences because disagreement leads to new discoveries. Disagreement is about gathering reliable knowledge as well as using this newfound knowledge, and occurs when a group fails to reach a consensus over the logic of an argument. Knowledge is composed of facts, information, and skills acquired by a person through experience or education. Two areas of knowledge that are impacted by disagreement are human science and natural science. Human science is the study of human behavior and how humans gather information. Natural science is a branch of science that deals with the physical world. In order for a disagreement to occur, one must be familiar with the subject and have his or her own prediction that is different from the norm. Therefore, to advance knowledge in the areas of human and natural science, people must disagree. The roles of logic, reason, and emotion will be investigated to see how they are used to help gain new knowledge in both human and natural science. Many knowledge claims in human and natural science are based on theories. Jean Lamarck proposed the theory of evolution in 1801. The theory of evolution proposed by Lamarck was based on the idea that organisms had to change their behavior to survive. For instance, if a giraffe stretched it neck for a long period of time to reach the leaves as the top of the tree, then a â€Å"nervous fluid† would flow in the neck and make it longer. Thus, itsShow MoreRelatedNatural Sciences And Human Sciences1560 Words   |  7 Pagesexample of this are natural sciences. Years ago science was trying to describe how the world around us worked, but thanks to developments and new technologies, natural sciences have been able to use that knowledge to create great changes in the world. However, even today some areas of knowledge seek to only describe the world. Human sciences, is an example of this, as it often only generates theories that describe processes or behaviors. Both natural sciences and human sciences, use description asRead MoreThe Natural And Human Science1381 Words   |  6 Pagesbehaviorism in political science research. It does also lead to interpretation. The difference between behavioral and interpretive studies is that behavioral study of politics would be to make an assumption and predict causes of certain phenomena’s. Interpretative takes one’s values and uses that to find a solution without so much jumping to a conclusion. Kuhn, Gunnell, Taylor, and Webber analyze the meanings of value and interpretation and how it affects social/ political science research and societiesRead More Theories in the Human Sciences and Natural Sciences Essay1585 Words   |  7 PagesWhat it is about the theories of human sciences and natural sciences that make them so convincing? When focusing on the human sciences and natural sciences, one might wonder why we believe what we believe. In general, human science can be defined as a social science, or anything that deals with human behavior in its social and cultural aspects (Bastian 190). Natural science is more often thought of as regular science. It is an organized undertaking that focuses on gathering knowledgeRead MoreExplanation And Prediction Of The Human Sciences And Natural Sciences Essay1593 Words   |  7 Pagespredict and therefore suggest knowledge. Emotion, reason, intuition and memory are essential in order to arrive at an explanation, and consequently many give explanation a high level of credence. However, my thesis is that even though the human sciences and natural sciences use explanation as a prerequisite for prediction, this procedure shouldn’t be used as the model by which one arrives at new knowledge. Instead we should be critical of the process and the link between explan ation and prediction. UnderstandingRead MoreThe Relevance of Maps in Natural and Human Sciences1260 Words   |  5 Pagesused to simplify the knowledge, it wouldn’t have been relevant in the situation. What I plan to do in this essay is to explore what it means to simplify knowledge as well as discussing the relevance of maps in two areas of knowledge; Natural Sciences and Human Sciences, as well as discuss the extent to which a map simplifies knowledge. Simplifying knowledge means breaking it down from a complex form to a form in which most people would understand. This question is saying that the only reason a mapRead MoreWhat Is It About Theories in the Human Sciences and Natural Sciences That Makes Them Convincing798 Words   |  4 PagesWhen I was very young, my science teacher taught me Charles Darwin’s evolution theory, and I never doubted that theory since Darwin is a well-known scientist and the authority in the field of biology. Until one day, I became a Christian; I need to accept another theory which is that human beings are created by God. My knowledge had a crash. I have never seen neither earlier species develop to human beings nor God creates human beings by using mud. That is when I started to question the knowledgeRead MoreTOK Essay: What is it About Theories in the Human Sciences and Natural Sciences That Makes Them Convincing?1476 Words   |  6 Pagesof the Revolution of science, the western world has va lued the scientific improvement over any other, placing scientific theories and leaders on the base above their equals in lower sectors of society such as leaders within the business sector or governmental leaders, which leads to the question: Why is it that the Sciences and theories are held in such as great respects? With the two different areas of knowledge what results and consequences, do these two different sciences utilize methods suchRead MoreIs the Knowledge We Gain from the Natural Sciences More Reliable Than the Knowledge We Gain from the Human Sciences1228 Words   |  5 PagesIs the knowledge we gain from the NATURAL SCIENCES more reliable than the knowledge we gain from the HUMAN SCIENCES? When I first pondered over the question in class confidently my thoughts were natural sciences, of course, but before long I was left bewildered. I realized I had taken the reliability of all sciences for granted, who’s to say any one is more reliable than the other? What even makes something reliable? I strongly believe the reliability of knowledge soundly depends on the varietyRead MoreEssay Positivists 1421 Words   |  6 Pagesreality by applying methods of natural sciences in sociology . For them, reality exists independently of the human mind and nature is made up of objective, observable, physical facts that are external to our minds. They believe that like matter, humans are directed by an external stimuli-the society-and they act accordingly (example: functionalism, Marxism). By analyzing quantitative data, positivists simply seek to discover laws of cause and effect that determine human behavior. One of the first positivistsRead MoreScience Throughout the Ages912 Words   |  4 PagesThe term Science comes from the Latin word scientia, meaning knowledge. The definition of science is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe. An older term of science refers to a body of knowledge itself, of anything that can be successfully applied to a situation. Someone who practices science is known as a scientist. Modern science has been traced back to the early modern period and in particular to the

Why Smoking is Bad for You Free Essays

Did you know that the primary cause of death around the world is smoking? Are you aware that every cigarette you smoke reduces your expected lifespan by eleven minutes? And that 4. 9 million people world wide dies as a result of smoking? Smoking Is a common and popular occurrence and also responsible for approximately ninety percent of lung cancer deaths. Smoking is a bad habit and is also very hazardous to those who don’t smoke. We will write a custom essay sample on Why Smoking is Bad for You or any similar topic only for you Order Now So, before you act heedless, stop and think about what smoking will do to you and the people around you. Smoking cigarettes is a commonly pastime in the United States. At almost ever super market or gas station there are ads encouraging you to buy cigarettes. Which the smoke from the cigarettes contains over seven-thousand chemicals, sixty-nine of them are known to cause cancer which eventually lead to your dead. There are kids getting Influenced by these ads. Smoking Is abhorrent because it’s not good for you health, not only good for your health but does as much damage to the ones around you, and It also makes drastic changes In your appearance. One of the many reasons why I think smoking is bad for you is obviously because of al the health problems smoking causes. From smoking just one cigarette can lead you on your way to cancer because of the nicotine it contains. Nicotine does not cause cancer, it is an addictive drug. This can eventually make you go from one innocent smoke to multiple smokes, which then leads you to being an addict and from addict to patient with lung cancer. In other words your death sentence and I know you don’t want that for yourself. In a way by smoking you encourage cancer. Because you know what cancer can lead to so Instead of wasting your money on a cancer suck you should donate It to find a DOD cause, for Instance finding a cure to cancer association. You may say â€Å"But smoking helps me when I’m stressed out† or â€Å"Smoking makes you look cool† please no disrespect but please keep your trap shut. If you’re stressed find something besides smoking, find a hobby, go for a run, and make a plastic of your favorite songs that help you stay calm, or eat if that helps you and for smoking being ‘cool’ do you think its cool when there are infants who breathe second hand smoke and causes them have weaker lungs than other babies. Do you think it’s fair? Or do you think is so ‘cool’ hat there is patients painfully dying in hospitals because they decided to smoke and now are suffering the consequences? If you do please think again its not cool or funny It Isn’t safe for yourself or others around you. Now please stop Influencing smoking and realize how smoking Is a major Issue because It affects you and your loved ones. When I think of smoking I think of all the different ways people can make a change in this situation instead of encouraging it. Please think before you decide you need another cigarette to release some stress or because others think your cool Just because you smoke something so harmful. How to cite Why Smoking is Bad for You, Papers

Human Resource Management Demystified Holistic Approach

Question: Describe about the Human Resource Management Demystified for Holistic Approach? Answer: Introduction This study deals with Human Resource Management. In this particular scenario, HR Director needs to undertake instant decision on change of policies for the benefit of the organization. In a recent meeting, HR Director was shocked in hearing vital issue prevailing in the particular organization. This particular have lost major customer who used to contribute 50% of the revenue for the company (Armstrong Armstrong, 2011.. Due to unavoidable circumstances, these particular customers left the company and went to their competitors. This major issue needs urgent consideration by the HR Director by less than 24 hours of time. Selection of protocol HR Director should select the method of At-will employment in the final decision-making process. It is important to understand the fact that potential customers are very important for an organization. This particular method will help in terminating the employees that is showing low performance from past 3 months (Byars Rue, 2011). This particular method is a famous term used in the US Labour law. Under this method, an employer for any reason can dismiss employee. Method for selecting the protocol It is easy to use the selected protocol for terminating the underperformed employees in an organization (Werner, Schuler Jackson, 2012). It is advisable to use this method and terminate employee because low performance cannot generate revenue in the business organization. Federal and state laws governing layoffs It is necessary to understand the fact that wrong human policies will harm organization and costly on the other hand. HR Director should involve the correct laws for taking the final decisions for solving the issues faced by the particular organization. Violation implies fines, penalties as well as lawsuits that will harm the goodwill as well as reputation of the business organization (Torrington, 2011). There are several laws that govern fair treatment of employee from interview to the stage of termination in an overall manner. Department of Labour It is advisable at federal level for gathering reliable information on department of labour association. It mainly focuses on the multiple agencies for charging various enforcement employment laws. Fair Credit Reporting Act Most of the HR hiring practices are not aligned with Fair Credit Reporting Act in accordance with the Federal Trade Commission. Warn Act It is essential for the HR Director for having clear and concise policies on matters relating to layoffs concerning multiple employees for the same (Stone, 2011). Addition to that, Worker Adjustment as well as Retraining of Notification Act reveals various specific guidelines for the advancement of employees working in an organization. State Laws Federal laws require various compliance measures. Most of the State Laws shows generous attitude for the employee and provide with the additional protections in an overall manner. Collective bargaining agreements Decisions undertaken by the HR Director will ensure huge collective bargaining from the employees in the near future. Collective Bargaining is a platform that helps in enhancing in the relationships between employees as well as employer for the same. It implies offering professional for speaking for his or her own rights (Dessler, 2013). Most of the professional uses collective bargaining technique for ensuring integrity as well as respect in an overall manner. It will help in creating safe as well as rewarding work environment for the same. Employees have the right for negotiating in their compensation, and addressing the issues in an effective manner. This particular method helps in addressing the grievances of the employees and provide with specified guidelines in an overall manner. Investigation on employee termination HR Director should indulge in fair decisions that will benefit employees as well as organization in an overall manner. It is necessary for investigating on the termination issues faced by any employees at the time of working in an organization. Purpose of lay-offs for saving money Owners and Founders of the organization need proper layout by the HR Director for dealing the issues in the most appropriate way (Byars and Rue, 2011). Organization can easily save money by hiring new employees who are equally efficient in working for the business enterprise. Checklist items Employee Redressal Measures Transparent Communication Retention of existing employees who are performing best for serving the organization Alternative to terminations HR Director should suggest alternative method for termination that includes warnings to the employees for working hard and enhancing the level of performance in the nera future. Loss of potential customer is loss to the company but it is important to consider the fact that employees are the real assets of any business organization. HR Director should suggest employee termination alternatives. These include: Reassignment It is a myth that underperformed employees are bad employees and cost to the company. The job role and specifications are aligned with the particular work. It is advisable to reassign employees to the back office and understand the skills and expertise for the same. It is important to focus on the employees fails to perform the job in proper manner. It is the case of improper training at the beginning of the working organization. Most of the employees face big trouble in managing with the change in job roles and responsibilities. This hampers the level of productivity and hampering the smooth functioning of the business enterprise. It is advisable to alter the schedule and design temporary suspension. Holistic approach From the above discussion, it is necessary to gather the information on Human Resource Management. Holistic Approach will help the organization for retaining back the position and ensure smooth functioning of the business enterprise. New plans and policies will ensure bringing change in the management and boost up the confidence among the employees as well as higher authorities for the same. HR Director should ensure conduction of employee redressal measures whereby every employee are free for citing their issues and problems to the business organization. Figure: Holistic Approach (Source: Armstrong Armstrong, 2011) Holistic Approach helps in engaging development of a whole person. HR Director should use this approach and understand the needs of the employees at different levels. It mainly engages with the concept of human beings for multi-dimensional aspects in an overall manner. It relates purely with the rational as well as irrational concepts. Reference List Armstrong, M. Armstrong, M. 2011.Armstrong's handbook of strategic human resource management. London: Kogan Page. Byars, L. Rue, L. 2011.Human resource management. New York: McGraw-Hill/Irwin. DelCampo, R. 2011.Human Resource Management Demystified. New York, NY: McGraw-Hill. Dessler, G. 2013.Human resource management. Boston: Prentice Hall. Stone, R. 2011.Human resource management. Milton, Qld.: John Wiley. Torrington, D. 2011.Human Resource Management. Harlow: Pearson Education Ltd. Werner, S., Schuler, R. Jackson, S. 2012.Human resource management. Australia: South-Western Cengage Learning.

The Principles of Plating free essay sample

There are no hard and fast rules to determine how a dish is to be plated, but there are standards and guidelines that have been proven to work. Balance is the key element to success in the creation of any dish and that element applies to many areas of the plating process as well. Achieving Balance: Proteins, Starches and Vegetables * One primary consideration when putting together a dish is nutritional balance. * It has long been stated that a nutritionally balanced plate contains a protein, a starch, and a vegetable. The old standard of protein, vegetable, and starch has been broken down further to emphasize lean cuts of meat, starches that are high in fiber, and vegetables that are prepared in a way that does not diminish their nutritive value. Recently, protein was believed to be the most important part of a dish and should therefore be the predominant componentmaking up 50 percent of the overall plate. We will write a custom essay sample on The Principles of Plating or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Consider Taste and Texture * In plating, texture and taste are each important to consider. A well balanced dish might feature one main flavor, but that should be complemented by other flavors that are intended to accent and enhance. * Texture is another component to factor in and a well thought out dish has more than one texture. The multiple textures in a dish should play off of and enhance each other. Pretty Plating Pays Off * Visual appeal is another thing to consider. * A good chef envisions how a dish is going to be plated long before the food actually gets to the plate. Some chefs go so far as to make a sketch of a dish when they begin to conceptualize it, which assists them in determining what is needed to make a dish visually enticing. Important factors to consider, as follows: * How food is placed on the plate greatly influences how the dish is received by the diner. * A plate of food should look full and satisfying, but should never appear overflowing or sloppy. * Leaving a little bit of space between items helps a plate to look clean and uncluttered. * The spacing of the food, the height of various items on a plate can offer some nice visual appeal. Giant towers of food are overly contrived and impossible to navigate. * Flat, one dimensional plates are boring and offer little in the way of appeal. * The concept of balance comes into play and it might be a good idea to have certain items on a plate mounded higher or molded into shapes in order to offer contrast to other items the a plate. * When balance, based on nutrition; flavor; texture; and appearance is factored into the creation of a dish, you are presenting a plate of food that is appealing to the diner from all angles.