Friday, November 15, 2019

Strategic Management at Zhujiang Iron and Steel Company

Strategic Management at Zhujiang Iron and Steel Company 1.0 Introduction This material critically analyses the process of strategic management in the areas of nature of competition, the strategy, the strategy process, method of entrepreneurship and resources ofZhujiang Iron Steel Company (ZISCo). The analysis has been done by using some major theories such as gap analysis, balance score card, triple loop learning of ZISCo. Zhujiang Iron and Steel Company (ZISCo) is a Chinese state owned enterprise established in 1997. ZISCo is a steel manufacturer who produces wide range of steel sheets and plates that are used as inputs of various other products. In early 2003, ZISCo faced many problems in the key areas of production, procurement marketing and this has resulted in poor financial performance. In the past ZISCo implemented niche marketing strategy from 2003onwards, ZISCo planned to implement value creation strategy undertook many functional reforms with active participation from all its employees improved its financial performance during 2004 2006. However, in 2007 also ZISCo encountered various challenges, predominantly in the areas of cultural change, knowledge management, and development of organisational competence and learning capability Thus, this material initially analyses the current business strategies of ZISCo to understand the nature of their operations. Subsequently, conducts a PESTEL analysis, Porters five forces and value chain analysis to understand the environment of ZISCo, drivers of profit in the industry at present and the future. In addition, gap and balance score card analysis also has been done to understand the gaps that are existing in the context of ZISCo and to evaluate its performance. Strategic options can be considered to address the gaps that have been identified by the organisation. Therefore, the report will provide an exposure to the strategic options available used by ZISCo and whether they have effectively implemented the strategies. This has been done by analysis of 7S framework triple loop learning alone with an action plan. Finally, the report will suggest the recommendations where its applicable by providing justifications. The analysis of this report was done with the assistance of the case information provided and through industry related information from academic books, journals, websites and other publicly available secondary data sources. 2.0 Process of strategic management followed at ZISCo Businesses vary in the processes they use to formulate and direct their strategic management activities. The model enhances the development of strategy formulation skills by guiding the analyst systematic and comprehensive study of each business situation 2.1 Strategic factors and capabilities 2. 1.0 External environment From the PESTEL analysis Michael Porters five forces analysis it is clear that ZISCo is functioning in a very complex volatile environment which will impact all the strategies adapted by the organisation. Hence, a good understanding of ZISCos external environment will facilitate the organisation to exploit opportunities and avoid threats From the steel industry analysis we can conclude there are many well established key players in the Chinese market the industry has high potential to attract new players in future. Thus, the PESTEL variables in macro environment have major impact on the performance of ZISCo. 2.1.1 Internal environment Analysis of internal environment is a crucial phase to an organisation as it helps to identify the strength and weakness of the organisation. This would mean internal analysis will determine the required skills resources of ZISCo to cope up with competitors capabilities thus measures ZISCos effectiveness to gain competitive advantage According to the value chain analysis the main competitive advantage of ZISCo is technology leadership and implementation of value creation strategy in the steel and iron industry in china. However, through this analysis it is clear focus on quality was very low this is mainly due to the fact that quality department people were ignoring their responsibilities management did not place more care in this department as it does for marketing. 2.1.2Analysis of SWOT From the SWOT analysis key strength of ZISCo is that they have gained competitive advantage over technology leadership as they are the first company to introduce CSP technology in steel iron industry. In addition the other most important strength is their value creation strategy; ZISCo is the first company to implement value creation strategy and one stop shop services to their customers. Thus this will provide a first mover advantage to ZISCo as Chinese market moving toward planned economy to market economy. However, the primary weaknesses of ZISCo are poor quality products are being produced, has liability to pay bank loan interest of US$ 40million annually, and lower bargaining power in purchasing raw materials as a result of signing a contract with a supplier. The quality issues identified would erode companys goodwill among major most important customers; even company may lose its profitable customers for lack of focus in quality issues. Further the non current liability seems to be a huge amount, if proper care is not taken to settle the debt the whole company would go into liquidation. In addition company also faces problems with supplier; ZISCo will directly get affected if supplier does not provide raw materials on time in intended quality. Rapidly changing environment has influenced the performance of the organisation by creating opportunities and threats. The key Opportunities of ZISCo are Chinese economy is transforming towards market economy by creating an advantage for all the organisations in Chinese market and unsatisfied higher demand for container used steel sheets is a big opportunity for ZISCO. The unfavourable key factors that affect ZISCo performance and barrier to growth are slow moving organisational culture (slow change from production orientation to value orientation) , competitors imitating CSP technology and marketing practice very quickly. Further high raw material and electrical cost, the government restriction in steel industry such as limiting the number of employees been recruited and fixed price ranges are also threats for ZISCo 2.2 Strategies adapted by ZISCo Organisation can formulate strategies in three different levels known as corporate level, business level and functional level (Viljoen, J. and Dann, 2003, pg 235). As GISCo is the parent of ZISCo, they have adapted several comprehensive business strategies for their organisation. The business strategy of ZISCo is â€Å"value creation for both customers and company†. In order to follow this business strategy Zhujiang has adapted following strategies. Such as: Changing their niche marketing strategy to mass marketing strategy Pre-emptive strategy Differentiation strategy Cost reduction strategy New product development strategy Informal communication strategy Outsourcing strategy Adapting a new business model strategy 2.3 The performance of ZISCo The rapidly changing external environment has created some significant challenges for management of ZISCo. In order to analyse the overall performance balance score card approach has been used A general conclusion that the overall performance of ZISCO is at satisfactory level can be drawn from the balance score card analysis .However if we take each perspective in to consideration ZISCo has achieved maximum performance in financial and innovation learning perspectives whereas customer perspective and internal business perspectives are at moderate level. Therefore, ZISCo should concern on accelerating order cycling process to make improvements in internal business perspective performance. In addition they should also create possible steps to retain attract more customers by means of customer satisfaction. 2.4 Analysis of External, Internal and Stakeholders inconsistency To be successful, an organisations strategy must be consistent with the requirement of its current and expected future environment (external consistency), its capabilities must be consistent with the business strategy being pursued (internal consistency), and its performance from the existing business strategy must be acceptable to its key stake holders (Hubbard R.B, 2008, pg.167). Hence, an analysis has been done to identify the internal, external and stakeholder consistency of ZISCo According to the analysis of internal consistency of ZISCo it is evident that they have failed to adapt systems those match with their business strategies. This has ultimately created an internal inconsistency within the ZISCo. In addition, ZISCo also has external inconsistency as a result of government regulation on steel industry and changing market in china. 2.5 Gaps in Strategy formulation Gap analysis of ZISCo has been done on the basis of current business strategies of the organisation. Therefore environmental business strategy, organizational performance and business strategy gaps have been identified for ZISCo (Refer appendix diagram8). By analyzing these gaps it can be identified that ZISCo is trying to position its self uniquely in the market. 2.6 Strategic options available to overcome gaps ZISCo was not able to achieve their novelty among competitors due to gaps recognized in formulation of strategy. Thus, there are several strategic options available for ZISCo such as market strategy, generic strategy direction strategy. In order to sustain and gain competitive advantage all 3 options are equally important for ZISCo 2.7 The effect of competitors and stakeholders Stake holders competitors have major role in the performance of ZISCo. The key stakeholders who are exerting more power on ZISCo are government: Government has restricted the number of employees recruited by ZISCo; thus have created a barrier for further business expansions also government is controlling the prices of the steel products thus ZISCo wont be able to use the cost based pricing strategies add their target profit margins. Secondly, the bargaining power of suppliers is also high in the context of ZISCo because ZISCo has entered in to contract with limited number of suppliers. Thus this enables ZISCo to solely depend on them gives high power to the supplier. The other most important stakeholders are employees. They also create an impact on the business strategy adapted by ZISCo by resisting for the required cultural change. As employees have product orientation values it would be very hard to change them towards customer orientations. This would have greater impact in developing overall strategy of ZISCo. ZISCo would have to invest more funds for a long time period in training development since cultural change cannot happen soon as company requires. Finally, like all other stake holder mentioned above Customers also exerts high power in ZISCo because there is an unsatisfied demand for steel products in Chinese industry many market players are there. If a customer is not satisfied with ZISCo, the chances of switching brand are high. Therefore to survive grow in the competitive environment as ZISCo planned it should provide value to its customers. Competitors ZISCo is operating in a very competitive environment in which competitors are adapting to their opponents strategies very quickly. In the case of ZISCo also they have tried to adapt to CSP technology and tried harder to copy ZISCos business model and marketing practices. Thus, there is a possibility competitors can attack ZISCo anytime by imitating their unique innovations soon after the patent rights expire. Thus, this compels ZISCo to continually invest huge amount of funds in research development and in marketing. In addition to the local players ZISCo also faces high international competition in Chinese steel industry due to unfulfilled steel demand in China low costs of labour. These foreign players might have advanced technologies than ZISCo attack ZISCo simply in terms of quality. Thus, it is necessary for ZISCo to carefully understand nature of pressures exerted by both domestic international players and develop the most suitable strategy. 2.8 Implementation of gap Strategic implementation is complex and time consuming but success of an organisation lies on this stage. However good the business or corporate strategy is, it is off little value unless implemented (Hubbard R.C, 2008, pg 349). Therefore, during this phase, strategy makers should consider the question of who implements that strategy, what must be done and how the strategy is implemented (Fletcher, 2001, p.2). Hence, 7S framework has been applied to ZISCo to identify gaps the issues that should be addressed during implementation phase 2.9 Paradigm of operation ZISCo has shifted their paradigm from the conventional wisdom about how things have always been done and must be done to that of emergent strategies From previous paradigm ZISCo achieved efficiency productivity but did not produce products in intended quality that will fit the purpose of customers. Therefore ZISCo has shifted the paradigm from production orientation to marketing orientation by providing more value to their customers. In order to operate in new paradigm ZISCo has changed their market from niche to mass market, changed their organisational structure from functional structure to matrix structure and improved their financial performance through cost reduction 2.10 Recipe issues Recipe can be defined as a set of believes assumptions held commonly throughout the organisation, taken for granted in that organisation, but discernible to the outside observer in the stories of organisation history and explanations of events (Strategic management guide 3, 2004, pg 3). There are several issues have been identified for ZISCo in current paradigm In formulating strategy ZISCo did not define its goals objectives clearly which is critical for any organisation as it guides the employees towards mission vision of the organisation. Therefore, unstated purpose or goal of ZISCo makes the organisation unable to analyse the long term strategic purpose. Even though, ZISCo increased their financial performance by increasing profits through new business strategy still they unable to over come their long term debt. Therefore, this imposes a huge hidden financial risk on ZISCo. Another issue in relation to ZISCo is that cultivating a market oriented culture within the organisation while adding value to the organisation as well. In the past economy of china organisation strategies focused mainly on the production orientation, the value for production orientation already rooted strongly in employees minds is hard to change. Finally, ZISCo is loosing competitive advantage of CSP technologies as a result of competitors are adapting to CSP technology over past 2-4 years. Therefore, loss of competitive advantage (technology leadership) is a critical recipe issue for ZISCo. 2.11 Recommendation justification for ZISCo From the above analysis, I would recommend the following recommendations; ZISCo should implement vision mission in more transparent manner to their employees as it will help the employees to understand the long term strategic direction of the organisation. Thus, ZISCo should develop objectives that are Specific, Measurable, Achievable, Realistic and within the Time limit. ZISCo can transform their organisation as a learning organisation by allowing more innovations, continuous improvement in new product development by investing more in new technology, empowering employees and providing freedom to experiment. ZISCo should adapt to a TQM (total quality management) approach to attend real-time quality issues and invest more in compliance costs (Refer appendix diagram 14) In order to add value for both organisation customers, ZISCo should focus on new management accounting concepts such as extended value chain analysis target costing. These concepts will add value to organisation by reducing costs will add value to customers by providing them the intended benefits or quality(Refer appendix diagram 15 ) The president should also consider changing his leadership style; He should act both as charismatic a transactional leader because the president had performed well in strategy formation but he didnt concentrate much on communicating monitoring the developed strategy. ZISCo can also diversify their product to such as refining metals such as steel alloys. This can be done by merging with a recycling company or starting them self. This might reduce the cost of raw materials and reduce suppliers bargaining power in purchasing raw materials. Further, ZISCo can sell the raw materials to outsiders gain competitive edge. ZISCo can implement Just in time (JIT) system rather than having buffer stocks for raw materials, work in progress finished goods. JIT system would help ZISCo to deliver goods on time will reduce inventory holding costs Further ZISCo should also focus more in managing its supply chain. It should reconsider the contract with suppliers because the present supplier seems to be not reliable enough poor in quality. Thus, management should consider signing contracts with few reliable suppliers (Refer appendix diagram 16 ) ZISCos communication system also should be developed because it seems there is communication gap between top people bottom people ZISCo. Even though, Middle managers are acting as effective communicators between two parties it is insufficient for an organisation that intends to create value. Organisation should extend their one stop shop services in many geographical areas. By doing this they can gain competitive advantage and increase customer satisfaction as it reduce the transportation cost and time of customers. Organisation also should concern on their employees by creating carrier opportunity and carrier development to provide a value to their employees by providing them future sustainability. 2.12 Action plan of ZISCo ACTION Measure Person Responsible TARGET (Period Ending) 2007 2008 2009 2010 2011 Focus on growth strategies Market share, competitiveness President and Middle Management 6% 7.5% 8.5% 10% 15% Improve the CRM strategies Contribution to total revenue and net profit President and middle Management 10% 18% 28% 42% 55% Improve the quality of the final output Quality control measures Department of product quality 15% 25% 40% 65% 90% Create Learning Culture, Continuous Improvement and a flexible organization Innovation efforts, ability to correct mistakes and progress, quick response President and the middle Management 2% 4.5% 7% 10% 15% New Product Development New products developed R D 1% 2.5% 5% 9% 12% 4.0 Conclusion This case analysis has focused on the strategic management process of Zhujiang in the areas of nature of competition, the strategy, the strategy process, method of entrepreneurship resources of Zhujiang Iron Steel Company (ZISCo). The analysis has investigated apparent effects of the issues of ZISCo determined the causes of these consequences by use of appropriate theories. Based on this analysis, justifiable recommendations have been developed, which would redirect the organisation to its required respective strategic objectives. The recommendations for the organisations have been logically presented within a 5 year timeline which enables to generate the favourable outcomes while keeping the environmental changes in focus. At present ZISCo is operating in a very competitive market the competitive advantage of technology leadership is more short time oriented. Thus, in order to sustain in the market a key core competitive advantage is required for ZISCo as company planned the value creating strategy would be the most suitable. Further, the quality levels of ZISCo are inadequate. This is furthering them from their objective of value creation. ZISCo is putting efforts to move from a paradigm of production efficiency to value orientations. However, it is a great challenge to ZISCo as there are many gaps at ZISCo. The analysis indicates though the strategic objectives are appropriate for the environment, implementation of strategy is ineffective. Thus in conclusion it is clear that only by formulating effective strategies an organisation could not achieve its strategic objectives, unless it has the systems, procedures and most importantly willingness to efficiently implement the formulated strategies. 5.0 References Fletcher J (2003) .Strategic management Study guide and plan Edith Cowan University Perth Australia Hill,C and Jones G (1995) Strategic management an integrated approach (3rd)Houghton Miffin, Boston, Toronto Hubbard, G. Rice, J. Beamish, P. [2008] Strategic management Thinking analysis action 3rd ed Pearson education Australia Miller A, (1998), Strategic Management, McGraw Hill, 3rd Edition. New York.Study Guide: Strategic Management Viljoen, J. Dann, S. 4th edition (2003). Strategic Management, Frenchs Forest, New South Wales: Pearson Education Pty Ltd.

Tuesday, November 12, 2019

Islamic Art Essay

To start this topic, the first question that arises in the mind is that what is art? Basically art is not a word, which has a specific definition, but in literal meanings art can be defined as a spiritual sense of a human being, which he or she notes down in an artistic way. Art refers to creativity. Creativity is something very similar to art. The human mind is a congregation of many ideas. These ideas when get note down beautifully on a piece of paper, it is called an art. An artwork is usually considered as a masterpiece when its concept reaches the mind of the people and it is considered as an appreciable piece of work among the people. Masterpieces of art are just not paintings but spray painting, wall painting and other forms of art created for buildings are much appreciable. Islam is not only a religion but it is a way to lead a happy life. Islamic culture and traditions express its importance in the life of a person. Islam has always supported everything either it is of any field. Today the topic is about arts in Islamic religion so an outlook on the past Mughal and Muslim rulers will serve the arts in Islam as a great commodity. Islamic art is not only features which have been introduced to make beautiful mosques or tombs but in fact in true and literal meanings Islamic art is a beautiful creativity which is in every country conquered by Muslims in past centuries. Muslim art has been one of the wonderful one in the world. Islam is not only a religion but it is a pattern of life. It is a beautiful way of life through which every new aspect of creativity has been launched. The reason of Muslim art is not only extension in this field but to introduce new designs throughout the world and improve skills, which have been unknown since centuries. The newly conquered lands by the Muslims have many things old created by the Muslim rulers of past centuries. However, the architectures working there are now working according to the Muslim motifs and strategy. It has been a fact in almost every era that Muslims have succeeded in every field of creativity and this can be seen in Agra. Taj Mahal is considered as one of the most beautiful monuments of the Sub continent. Taj Mahal was built by the Mughal Emperor Shah Jahan for his beautiful wife Mumtaz Mahal. It is still recognized as one of the most beautiful monuments of the Sub continent. The grave of Mumtaz Mahal and Shah Jahan lies inside the Taj Mahal and the beautiful calligraphy and textile designing on the beautiful bluish tiles can be seen from inside. But something really drastic happened with the laborers who built Taj Mahal. According to resources some 22,000 laborers built it and after its completion the laborers lost their hands as Shah Jahan said that no body could be able to build such a beautiful monument. This incident rocked the world but still now the laborers are not valued for their creativity but Shah Jahan is praised for laying the base of such a beautiful monument. â€Å"In the time of Muhammad the Arabs had little or no art of their own, but, in their conquest of Syria, Mesopotamia, Egypt, and Iran they adopted the highly developed art of these countries. It is known from literary sources that the caliphs of the Umayyad dynasty (661-749) requisitioned materials and craftsmen from all the provinces for the construction of new cities, palaces, and mosques. Byzantine and Syrian masochists were employed to decorate the mosque at Damascus, for which an Iranian was the chief architect. Artists from Egypt worked in Jerusalem, Damascus, and Mecca. † (Dimand, 1947) It is a fact that Muslims in the beginning had no art of their own but soon as they started conquering other Muslim countries, they started introducing various forms of art and cultures adapted from other civilizations. Islamic art is basically an old art form, which started ruling the territories since seventh century. It reached the minds and eyes of people when Muslim rulers of past started preaching of their wonderful ideas. The fields in Muslim arts contain ceramic painting, calligraphy, painting and architecture. There is a sort of unity among the Islamic arts and artists. The merchants, traders who buy the antique pieces created by Muslim artists of high quality have much more understanding with the consumers than any other buyer or sellers around the world. Moreover, the art of ornaments among Muslim craftsmen is an art of great common sense and attention or concentration. Today, Muslim ornaments of past and present are valued most among the people. Muslim jewellery is much more appreciable than that of any other country. The most important feature in the classification of the Muslim art is architecture. Because of pious mosques and imambargah’s the Muslim architectures have to work very hard on the designs and decoration motifs of the mosques they are building. Muslims have many beautiful mosques and religious and visiting monuments on their credit such as the Great Mosque of Cordoba, Dome of the Rock mosque and the Taj Mahal. Apart all of that the religious places, such as Kahan-e-Kaaba and the Shrine of Hazrat Imam Hussain (A. S, whose dome is made of gold). Besides architecture another important and most valued feature in Islamic art is of calligraphy. Calligraphy plays an important role in the history of Islam. Islam values calligraphy both piously and artistically. Artistically Muslim calligraphy is of high quality and piously it is used for writing the phrases of Quranic. Quranic verses when written through calligraphic wittings look more beautiful than ever. Besides all of these creations Islamic artists or craftsmen have been master in metal work and pottery making. The sand of nearly all-Muslim countries is very fertile being close to rivers and seas so pottery work is very courageous here and appreciated too. Metal making, carpet weaving and ceramic work are also very common features in all of the Muslim countries especially in villages that is the reason why Muslim art is so much demanded in all of the foreign countries. â€Å"Islamic Art is an illustrated history that takes a broad approach, covering architecture, crafts, and aesthetics as well as â€Å"art† in the narrow sense, and placing them within their social and historical context. It extends to around 1700, but does not cover the entire Islamic world, only the arid area from Morocco to Afghanistan. Mosques are central to Islamic architecture, but have by no means been static. â€Å"Minarets may now be seen as entirely characteristic of Muslim religious architecture, but the very first mosques had none. † Patronage was critical, and rulers often reworked earlier buildings, making major monuments â€Å"architectural palimpsests. † (Irwin, 1997) Islamic art has always been a way to enhance the skills of workers and people who work for the betterment of Islamic society. Islam is not just a religion but it is a patron to lead a happy life. Even today many visitors from foreign countries and people interested in arts and crafts come to see the creativity or Muslim artists, who work according to the Islamic principles and bring out the designs of those Mughal Muslim rulers who have been now hidden under some old rocks. It can be said like that â€Å"Removing the sand from old rocks†. Conclusion Muslim art has been defined clearly. Research clearly shows that Muslim art is one of the most demanded and old forms of art in the world. Muslims has been working in this field since 7th century. However, when Muslims started conquering other states, they introduced new forms of art and craft there and now they are conquering the peaks of this creativity. Muslims and Islam has always guided people throughout their life in every field. Islam gives us better knowledge to lend a wise and proper life. Islam has given a perspective to us. Today if Muslims are reaching high in this creative field then it is just because of the principles of our prophets and the guidance of Islam. Following of Islamic principles can lend to live a better and happy life and through this one can be able to touch those peaks, which sometimes remained in just imaginations. References M. S. Dimand, (1947), A Handbook of Muhammadan Art, Hartsdale House. New York Robert Irwin. Irwin Islamic Art: Art, Architecture and the Literary World. Laurence King 1997.

Sunday, November 10, 2019

The Appendicular Skeleton

The clavicle is a long bone, but it has no medullary cavity. The clavicle supports the scapula and arms, it protects deeper structures (blood vessels, for example) in the upper chest, and it transmits impact from the arms to the axial skeleton. The scapula is attached to the thorax and vertebral column by muscles. The pectoral girdles attach the upper extremities (limbs) to the axial skeleton and provide attachment sites for many muscles that move the upper limbs. The 2 pectoral girdles and the associated muscles form your shoulders.The pectoral girdles are very flexible and allow the upper limbs a great deal of flexibility. They permit movement in many directions at the shoulder joint. The socket of the shoulder joint is small, shallow, and poorly reinforced with ligaments. This arrangement is good for flexibility, but it is not very stable. Shoulder dislocations are therefore fairly common. The UPPER LIMBS (extremities) (FIGS. 8. 4-8. 8) consist of 60 bones; 30 bones per limb. Thes e are the bones of the arms, wrists, and hands.They include the HUMERUS, ULNA, RADIUS, CARPALS, METACARPALS, and PHALANGES. The PELVIC GIRDLE (hip girdle) (FIGS. 8. 9-8. 11 & TABLE 8. 1) attaches the lower extremities (limbs) to the axial skeleton, and it supports and protects the visceral organs of the pelvic cavity. The pelvic girdle is a strong and stable support for the lower limbs. While the shoulder girdle moves somewhat freely and allows the arms a great deal of mobility, the pelvic girdle is secured to the axial skeleton by some of the strongest ligaments of the body.Its sockets, which articulate with the thigh bones, are deep and cup-like and are heavily reinforced with ligaments. Even though both the shoulder and hip joints are ball-and-socket joints, the thigh cannot move in its socket with the same degree of freedom as the arm can in the shoulder joint. Flexibility in the hip joint is sacrificed for stability. The pelvic girdle consists of the 2 HIPBONES (coxal bones). E ach hipbone of a newborn baby consists of 3 bones: the superior  ILIUM, the inferior and anterior PUBIS, and the inferior and posterior ISCHIUM. Eventually these fuse into one COMPOSITE bone.The area where they all fuse is called the ACETABULUM, which serves as the socket for the femur. The PUBIS of the hipbones meet anteriorly at the PUBIC SYMPHYSIS. The hipbones articulate posteriorly with the sacrum at the SACROILIAC JOINT. The 2 hipbones, with the sacrum and coccyx, form the basin-like structure called the PELVIS. The LOWER LIMBS (extremities) consists of 60 bones (FIG. 8. 12-8. 17); 30 bones per limb. These include the FEMUR (thighbone), PATELLA (kneecap), FIBULA & TIBIA (lower leg), TARSALS (anklebones and heel bones), METATARSALS (feet), and PHALANGES (toes).

Friday, November 8, 2019

Free Essays on Jakob The Rich

Jacob Fugger â€Å"The Rich† During the Renaissance there were many advances, new ideas, and other things that helped create a time period in which we still study greatly today. One of the contributing factors of the Renaissance was the merchant and financier fields. There were quite a few families that were extremely successful in their professions of trading and financing. One of the most successful families was the Fugger family of Germany. The Fugger family were one of the most prominent mercantile of the Renaissance. They mastered their competitors in such feilds as trading spices, wool clothe, jewelry, and silk. They also made much of their money in lending finances to important people and charging a high interest rate in order to profit as much as possible. However the biggest of their revenue was their near monopoly in the silver, copper and quicksilver mines. The family business was started by Hans Fugger who died in 1409. He was just a wool weaver with a big dream. The family was based in Augsburb, Germany and expanded their business throughout Renaissance Europe. The most important of the Fugger family was Jacob Fugger the second, or better known as Jacob the Rich. Jacob the Rich was one of the hardest working men I have ever read about. He did so McDonald 2 much for his family name. While so much of the ground work was underway on building the family business stronger, Jacob was a young man and he was to become a priest. Shortly after Jacob had taken his first orders to become a priest in 1478 his family asked him to do one of the hardest things anyone can ask of their fellow family members. They asked if Jacob could abandon his dream of being a priest and help oversee and expand the Fugger business. He was sent to Venice to learn the traits of a good merchant and business person. This sacrifice would be forever remembered by the family because now Jacob demanded that every available family d... Free Essays on Jakob The Rich Free Essays on Jakob The Rich Jacob Fugger â€Å"The Rich† During the Renaissance there were many advances, new ideas, and other things that helped create a time period in which we still study greatly today. One of the contributing factors of the Renaissance was the merchant and financier fields. There were quite a few families that were extremely successful in their professions of trading and financing. One of the most successful families was the Fugger family of Germany. The Fugger family were one of the most prominent mercantile of the Renaissance. They mastered their competitors in such feilds as trading spices, wool clothe, jewelry, and silk. They also made much of their money in lending finances to important people and charging a high interest rate in order to profit as much as possible. However the biggest of their revenue was their near monopoly in the silver, copper and quicksilver mines. The family business was started by Hans Fugger who died in 1409. He was just a wool weaver with a big dream. The family was based in Augsburb, Germany and expanded their business throughout Renaissance Europe. The most important of the Fugger family was Jacob Fugger the second, or better known as Jacob the Rich. Jacob the Rich was one of the hardest working men I have ever read about. He did so McDonald 2 much for his family name. While so much of the ground work was underway on building the family business stronger, Jacob was a young man and he was to become a priest. Shortly after Jacob had taken his first orders to become a priest in 1478 his family asked him to do one of the hardest things anyone can ask of their fellow family members. They asked if Jacob could abandon his dream of being a priest and help oversee and expand the Fugger business. He was sent to Venice to learn the traits of a good merchant and business person. This sacrifice would be forever remembered by the family because now Jacob demanded that every available family d...

Wednesday, November 6, 2019

Dental Admins 5 Interview Questions You Need to Master

Dental Admins 5 Interview Questions You Need to Master There’s no denying it: a great dental office needs a great admin. Do you want to cut through the job-hunting crowd and become the administrative assistant that dentists dream about? The first step is to ace your next interview. Charles Crawford at Dentistry IQ has targeted five key questions that you better be prepared for when it’s your turn to dazzle potential employers. 1. Are you approachable?Great admins work well with every other member of the dental office team, and are great with clients, so employers are going to want to know that you’re the sort of person others feel comfortable with, or avoid like the plague. If you want the job, be sure the person in charge of hiring thinks you’d be great to work with.2. Are you a good talker?Dental admins are often the faces of the practices they work for- as an admin you may even be the first person patients interact with- so of course potential employers are going to want to know if you’re charismatic , a great talker, someone people feel good communicating with.3. Do you know how to listen?Listening is an absolutely essential skill when you’re an admin in a dental practice- from communicating effectively with other members of the team to helping patients on a daily basis and making them feel like they’re being heard. Your job during the interview is to convince potential employers that you’re a born listener.4. Do you have attention to detail?Ask any great admin at any dental practice- large, small, or in between- what the must-have skills are for job success. There’s no doubt that an unflinching attention to detail will show up on every list. From those minor office logistics that help a practice run smoothly to important patient factors, your eye for detail better be razor sharp! If you want to leave your next interview confident that you just landed your next great job, you better have convinced the employer that your attention to detail is undenia ble.5. Do you have a good work ethic?Employers aren’t going to be thrilled to hire admins who stare blankly at the clock until 5pm hits, just waiting to bolt out the front door and head home. Let’s face it, if you want the job you’ll have to show that you have the extra drive and initiative to solve problems, offer solutions, and do what it takes to get the job done well. Sell potential employers that you have a great work ethic or they’ll quickly show you the door.Are you ready? Master these 5 questions and you’ll have potential employers lining up to hire you!

Sunday, November 3, 2019

Compose one job application using information from the narrative Essay

Compose one job application using information from the narrative below. A Solicited Job application letter in block format - Essay Example I used to supervise in and out flow of the products. I also learned about the shipping lanes, the shipping cost, insurance policies and the restricted goods for different countries. During the summer 2007 I worked as a loader and dock worker in the same company. I know about the high risk of shipping over the ocean and also about loading the containers with or without cranes. So I have all the basic knowledge about the commercial merchant ships, about their speed, design and the crew. I have worked as a laborer as well as a member of the management team so i know the in and out of the whole business. Moreover I am energetic, disciplined and quick learner and have a real gusto for hard work. Thank you for your consideration. Please see my resume for additional information. I can be reached anytime via email jackst@yahoo.com or my cell phone 23456034809. Sincerely, Jack S. Turner

Friday, November 1, 2019

Paul's First Missionary Journey Essay Example | Topics and Well Written Essays - 4000 words

Paul's First Missionary Journey - Essay Example Table of Contents Introduction 2 Dating Issues 5 Bringing God’s Message to the Gentiles 9 Implications for the Church 19 Conclusion 20 Bibliography 21 Introduction Paul was born in Tarsus as Saul1, into a devout Jewish family that brought him up â€Å"a member of the people of Israel, a Hebrew...; as to the law, a Pharisee†23. By that time, Tarsus was the metropolis of Cilicia, which had been administered by the governor of the Roman province of Syria4. There is a little mention of the city of Tarsus in the scriptures5; however, having been written about the time of Paul, Strabo’s Geography presents a more detailed account of the issue, stating that the city of Tarsus possessed a flourishing and powerful population, and all kinds of schools of rhetoric6. Another description of Tarsus is given by Flavius Philostratus in his Life of Apollonius, where the city is considered â€Å"harsh and strange and little conductive to the philosophic life†, and its citize ns nowhere else more addicted to luxury7. From looking at these accounts of Paul’s place of birth, one would envisage an important city, whose self-confident inhabitants lived more or less a comfortable life, in a â€Å"proud and virile atmosphere of mental and physical achievement†8. According to Paul’s own words, not only could his family trace their line of descent back to â€Å"the tribe of Benjamin†9 – they also adhered very strictly to the way of life regulated by the stipulations of the Jewish law – â€Å"circumcised on the eighth day†10 – and maintained close ties with the Jewish community in Palestine11. Some scholars point out that the traditional concept of Paul’s personality could be traced back to the second-century apocryphal Acts of Paul –â€Å"Small of stature, balding, bow legs, large eyes, eyebrows meeting, nose slightly hooked†, with appearance â€Å"full of grace†, sometimes looki ng â€Å"more like an angel than a man†12. On the other hand, his writings imply a sign of specific weakness – â€Å"a thorn was given to me in the flesh†13, which has been variously interpreted in terms of a physical defect, whether epilepsy, leprosy, or even stigmata14. Compelling evidence of Paul’s education is provided throughout his letters, insofar as some of his ideas, theological assertions, and terminology could be paralleled in rabbinic Judaism15; however, an explicit account of the issue is found in Acts of the Apostles – â€Å"brought up in this city at the feet of Gamaliel, educated strictly according to our ancestral law†16. On the other hand, the style of Paul’s letters, e.g. literary patterns, hint other educational influences, namely Roman, Hellenistic stoic philosophy, etc.17 The turning point in Paul’s life – from a persecutor of the Church of God to the apostolic commission to preach the word of God t o the Gentiles – is widely believed to have taken place during the Damascus episode18. Nevertheless, Paul’s own account in his letter to the Galatians speaks of the continuity of divine action19, which had actually began before his birth – â€Å"†¦God, who had set me apart before I was born and called me through his grace, was pleased to reveal his Son to me, so