Tuesday, April 30, 2019

DQ2 Essay Example | Topics and Well Written Essays - 1000 words

DQ2 - Essay congressmanJob analysis is basically concerned with establishing the qualities and roles needed for an individual to perform the job and these range from qualifications, material as well as mental capabilities. In the practice of HRM, this instruction is very useful as it would enable the recruiter to select the best candidate for the job from a pool of other applicants. Without detailed information about job analysis, it would be difficult to conduct job description which is very important in determining the position held by an employee as well as remuneration. If an employee is fully cognisant of the position he or she holds in the company, there would be less chances of confusion and duplication of duties since all the workers would be aware of the positions they hold within an organisation.The information gathered from a job analysis is very crucial in that it determines the value of a job within the organisation thereby allowing the management to make informed de cisions in terms of compensation and benefits to the workers. Usually a salary that is commensurate with a persons qualifications and skills is determined from information obtained from conducting a job analysis. The process of conducting a job analysis is also important in that it promotes good relations within an organisation. It often eases the organisation to be more objective in reservation performance appraisals as well as making informed decisions when employees are considered for promotion or pull down demotion. A well prepared job analysis is always advantageous in that it can help the employer to prove that any action that may be taken regarding employees would be legal. In most cases, decisions make from information obtained from a job analysis are often regarded as objective with little chances of preconceived opinion since they would be relying on practical data.2. In recruitment of employees, there are

Monday, April 29, 2019

What is your specific research interests in finance Scholarship Essay

What is your circumstantial research use ups in finance - Scholarship Essay ExampleMy research interest in strong estate financing stems from the challenges facing the genuine estate industryhigh interest rates. Increased interest rates have negative impact on investors and buyers, who may be reluctant into making important investment options. Often, some investors have to contend with high interest rates that reduce the ability to recall their mortgages with time. Despite this scenario, I am interested into finding factors that influence interest rates on real estate products. Equally important, I will focus on how this research will provide steerage to investors interested in avoiding burdens from mortgages.With this goal, I am confident being awarded scholarship in finance will enable me to learn the tools and concepts that will allow me to conduct this study. Without doubt, awarding me this scholarship will enable me deriver great insight on financial trends in the real es tate arena. Ultimately, I see myself graduating and providing significant solutions on how investors can take make sound investment, despite challenges high interest

Sunday, April 28, 2019

Amazon case study Essay Example | Topics and Well Written Essays - 2000 words

amazon case study - Essay ExampleSince July 1995 when it began, Amazon.com has enjoyed a 30 percent increase in line of work every month. Industry analysts believe the company is grossing up to $12 million a year. This was in kindle of the fact that up until recently Amazon.com was not turning a profit. (Horvitz 1997 37)Bezos believed the power of the Internet lay in continuous communication and word of mouth, which made branding even more important. As a dissolver he chose to name his site after the gentlemans gentlemans largest river, believing Amazon.com would become the biggest bookstore in the world. (Stockport & Ivory 2004 648)He was somewhat mistaken. Now amazon.com has not only become one of the largest bookstores in the world but it is also one of the largest on-line retailers for just about everything both new and used worldwide. As mentioned previously one of the main driving forces for Amazon.coms strategic intent in the marketplace was to be the biggest provider of goods and services to the largest amount of customers. This required a great deal of planning and certain guidance to bring it all together.A central tenet of Amazon.coms strategy, therefore, had been the customer-focused innovation designed to improve the thingummy of the online shopping experience. This had included offering the worlds biggest collection of goods and services in a gigantic array of categories (Stockport & Ivory 2004 648)They achieved this by paying very close attention to the needs of their customers and putting in place the strategic technologies and the support services necessary to do so. They completed this strategy but a great deal more was needed in order to keep up with the technological changes that were fortuity in leaps and bounds as well as keeping pace with the changing marketplace almost them. They experienced first mover growth between 1994 and 1997, but the competition was soon piling up, companies much(prenominal) as Barnes & Nobel as well as E-bay

Saturday, April 27, 2019

Local Ecology Term Paper Example | Topics and Well Written Essays - 750 words

topical anaesthetic Ecology - Term Paper ExampleMost of the plants are either fruit or veg plants. This is our way of promoting an organic lifestyle at that place is a pomegranate tree, an apricot tree and two apple trees. We have also planted garlic and tomatoes. There is a crowd of electrical wires upon the street at the level of the street light. Normally, they remain covered with insulation tape, but a couple of times, crows have been electrified when they seek to sit over the wires while it was raining. On the street, one can often find fruity dogs chasing cats, and wild cats chasing mice. Most of the people in my area are pure vegetarians and there is a culture of developing vegetables within the homes. List of factors distinguishing between my local ecology and environment and those of the nearby towns The factors are as follows tillage of vegetable and fruit trees Intense electric wiring across the roof Dense population Houses make of stones and bricks Occasional out burst of heavy smoke generated by the burning of rubbish heap Frequent rain Wild cats, dog and mice wandering around Temperature significantly lower than the nearby towns because my town is at a greater altitude. The effect of human activities on the local ecosystems The ecology and environment of my locality was considerably polar two to three decades back than what it is now. Human activity such as farming, building dams and clearing for phylogenesis can also lurch the characteristics of land cover, which in turn affects how an ecosystem operates (Hartman, 2010). Human activities have also caused a lot of changes in the local ecology and environment. Since my town is at an altitude, it used to be one of the superlative attractions for the local and foreign travelers. That is why, one can still notice a lot of rest houses in my area. It is basically a hilly area. About twenty years ago, it used to be very green. There were pine trees everywhere. One could not locate one brown spot in the whole perspicacity of valley. Everything was green. There were very less houses. It was like a forest. Close to 1.6 billion people to a greater extent than 25% of the worlds population rely on forest resources for their livelihoods (FAO, 2011). Likewise, the people of my town used to pee-pee by entertaining the travelers with the folk tales, local dance, selling fresh fruits and vegetables from the forest trees to them and renting their houses. As more and more people started to dwell here, they cut the trees to make fire. Within a decade, trees were greatly cut back in number. Accordingly, tourists lost interest in coming here. This impacted the businesses of hundreds of local people. They became jobless and moved to the cities for jobs. The temperature of my region instantly is generally 5 to 6 degrees higher than what it used to be twenty years back. Today, we can not see any sea-gulls flying over the sky unlike in the past. Twenty years back, galore(postnomina l) people kept cattle and would eat their meat. But the gradual shift from this area to the city reduced the trend of keeping cattle and more people became pure vegetarians. Comparison of the effect on my local ecosystem change with other areas In comparison to other areas, my local area has suffered from a greater change of ecosystem because of the fact that it is a hilly area has been the greatest tourist attraction for many years in the past. Today, one

Friday, April 26, 2019

Career Development Essay Example | Topics and Well Written Essays - 1750 words - 1

Career Development - Essay ExampleMy discernment on the technical skill rapidly becomes well established each day to an extent that they were delegate truly technical and intricate work to be done. I easily I adopted to the Chinese working culture. The roles that I widely worked on included the followingWhen repacking the bearing for the wheel of car, I was multiform in, jacking up the car and removing the wheels. Then checking the drum and ensures it is rubbed. Then prying the grease drum and also removing the cottier pin, and sliding all in all the castellated nuts off the spindles. In addition, I used to slide the satellite bearing, with the washer in front of it, off the spindle and check the grease availability in all the spaces between the bearings.The second contact that gave a wealth of experience in my field of automotive was very satisfying. It was in a very renowned ordination of Manchester that involves international countries in racing competition of Manchester. I used to work for 2 hours per day earning a wage of 100$ per hour. It is contract that lasted for three historic period that is from September 2007 to September 2010. I finalized by getting a contract of supplying the very Manchester club with the spare parts. The contracts were for two years.I acquire registered with professional bodies that are affiliated with car repackaging to ensure that I get any updates involving the field of car repackaging I am at abreast with the knowledge. I have registered with the following professional bodies that allow keep me updated with the very current knowledge.Communicating ones conviction can be hard verbally compared with written. In my cartoon, words have been given power to communicate my convictions. In my resume I have one single conviction in life that has been the drive of my life. The drive that I intend to impact with on the institution that I place my bid for employment. The

Thursday, April 25, 2019

Substance abuse Essay Example | Topics and Well Written Essays - 500 words

Substance offense - Essay ExampleThere are various early(a) subjects which can be ab partd like cocaine, marijuana, opiates, steroid, inhalants, and tobacco (refer Fig A).Under the manual guidelines published by WHO and the American Psychiatric Association (APA), the term drug abuse is not official everymore kinda they have opted for the term substance abuse that in its nature and scope includes the term drug abuse. accord to APA (1932), the term drug abuse can be applicable to the illegal, nonmedical use of a limited amount of substances, most of them drugs, which have properties of altering the mental state in ways that are considered by sociable norms and defined by statute to be inappropriate, undesirable, harmful, threatening, or, at minimum, culture-alien (Glasscote, et al., 1932). However, we find that in 1973, the National Commission on Marijuana and Drug Abuse, recommended the removal of the term drug abuse from official documents stating that the term refers to only kind disapproval, and actually has no relevant scientific meaning. The Commission states drug abuse may refer to any type of drug or chemical without regard to its pharmacologic actions...The Commission believes that the term drug abuse must be deleted from official pronouncements and public policy dialogue. The term has no functional utility and has endure no more than an arbitrary codeword for that drug use which is presently considered wrong.According to Diagnostic and statistical Manual of Mental Disorders(DSM-IV-TR), substance dependence can be termed as When an individual persists in use of alcohol or other drugs despite problems related to use of the substance,substance dependencemay be diagnosed. Compulsive and repetitive use may result in tolerance to the effect of the drug and pulling out symptoms when use is reduced or stopped (APA, 2000). Chemical dependence is the same thing as substance dependence,

Wednesday, April 24, 2019

Managerial Accounting Essay Example | Topics and Well Written Essays - 1750 words - 2

Managerial Accounting - Essay ExampleInitially, they started off with producing extravagantly quality record doers which attracted customers belonging to a certain age group but gradually they shifted into producing technologically advanced products such as CD players, MP3 players and USB turntable. This sufficeed the comp whatsoever to reach a wider customer base, rather scarce a younger one. This indicates that their primary dodge was to achieve a racyer level of customer satisfaction. In addition to that, GEKs leaders followed a team or sound style of leadership strategy which was concerned with both the production and employees (Zeidan 2009, 82-85). This was evident from the fact that highly skilled and experienced employees were paid sufficiently head. B. Strength The development of the USB turntable has proven to be a huge strength for GEK technologies. With the rising necessitate for new style of products which demonstrated portability, USB turntable was a perfect intro duction. This is evident from the sharper than expected increment in sales for the USB Turntable over the last few years. Another strength associated with GEK technologies comes from the product figure player as the manufacturing of this product requires high level of craftsmanship. In 2012, the employees of GEK technologies working on the record player division were older, more experienced and very loyal. These workers displayed the highest level of craftsmanship in the company as well as in the entire industry. This was evident from the fact that record players represented a relatively high proportion of total sales in certain places. Weaknesses GEKs weakness can be determine in the CD player and MP3 player division where the sales growth became stagnant after 2010. This besides shows that the development of USB turntable was mistimed as it halted the sales of CD players and MP3 players whose sales rate were significantly higher than any other product divisions. Opportunities GEKs opportunities can be witnessed in the USB turntable production division as it is shows a sharper than expected increase. The investment in this division is prospective. This is aided with the consistent increase in the sales rate and rising demand of new style of products which are portable, which in turn would help the division to generate significant wealth for the companies. Moreover, USB turntable as a product can be viewed as a ground work for further development of other products. Apart from that, another fortune can be noticed in the record player division. Since the sales rate of this division is decrease rapidly and the technology is becoming obsolete, the company can choose to shut it down and use the repletion proceeds, generated from selling the assets, to either invest in another prospective project or distribute the surplus cash as dividends to the shareholders. Threat Having studied the report of GEK, record player and USB turntable division poses a certain de gree of bane to the company. Record player which is an obsolete technology has accrued obsolete assets and inventories worthy $287,000. Moreover, the company might incur losses as there was a sharp decline in sales in this division and high cost of production was associated with it. The USB turntable division is another threat to the company because a sharper than expected increase in sales for the USB turntable had resulted in delays in production and a backlog of orders. This

Tuesday, April 23, 2019

How to be Creative Essay Example | Topics and Well Written Essays - 2000 words

How to be Creative - Es theorise Example each(prenominal) animals do possess brains, and suck in been provided with varying levels of creativeness by nature. A sparrows nest differs in style and force from that of an eagle. A honey bee stores honey in tiny pores. Likewise, rabbits dig holes in the earth to make their tunnels. All of these are signs of creativity in non-human living beings. The fact that humans are the most creative among each living beings can be estimated from the fact that all development in the world is the gist of the discoveries of humans. valet discovered ways to fly not only in the air, but also to float in the space. Humans constructed skyscrapers, invented trains and ships, and developed satellites that record information 24/7. From the first day man was sent on the Earth till straightaway, man has been creating things that would facilitate him and improve his standard of living. The world in which we live today is much different form the way it was few centuries back. Rapid industrialization and advancement in the subject field of science and technology has brought an altogether change in the life on Earth. All of this is not the result of the efforts of a single person, community or a group of wad. Instead, all human beings have been playacting their respective roles in developing the mod world from prison term to time. The modern world is the outcome of creativity of all human beings. Therefore, there is no doubt in the fact that creativity is a course occurring phenomenon and occurs in all living beings, but varies in extent depending upon the level of sharpness and intelligence. This paper discusses somewhat of the ways in which creativity can be improved. Creativity as a necessity of modern age Competition in the contemporary age has grown manifolds in all fields as compared to the past. With the affix in general awareness, people have become highly educated in range to make full use of the emerging opportunities. This has increased the competition in the market scenario. Business entrepreneurs are looking for ways to be more and more creative and innovative in their approach so as to gain competitive advantage over their parallels in the market. It would not be wrong to say that creativity is the need of the hour in the current business practices. This has generally raised the interest of people in creativity and ways and means are being suggested on organizational level in order to improve individuals creativity. The concept of creativity In order to find out ways to increase creativity, it is customary to discuss the basics of the concept of creativity. Creativity is neither something that can be created nor can it be called as an event that would happen occasionally. Instead it is within ourselves and needs to be explored. It cultivates in human musical theme and nurtures as we go through various experiences in our life. It slowly shows up in our thinking as we mature. There is virtuall y no problem you cannot solve, no goal you cannot achieve, no obstacle you cannot overcome if you make out how to apply the creative powers of your mind, like a laser beam, to cut through every difficulty in your life and your work (Tracy cited in Kotelnikov). Creativity is more often than not, an involuntary action. An individual can not intentionally raise his/her level of creativity at a particular point in time when he/she might need it the most. Creativity can not be invited.

Definition of finance Essay Example | Topics and Well Written Essays - 250 words

Definition of finance - Essay ExampleKnowing which investment to make with the available resources also collects being aware of levels of irresolution attached to the investment. When classifying investments, they may be grouped into either laconic-term- where returns are expected within a short time-frame, and long-term-where returns are expected after a relatively long time.Finally, there is the sources of finance, commonly referred to as funding, includes financial institutions i.e. banks, informal bring facilities i.e. shylocks, financial instruments e.g. bonds and liquidating assets that are not in use. There are also debts where a company, individual or group may decide to transfer a debt previously incurred to a lending institution or individual. The lending institution or individual would then receive repayment of the debt when due. This is make where a relationship or trust has been built between the borrower and lender and it usually implies an urgent situation. A com pany, individual or business may choose this as a source of funding when they require money urgently and mostly the decision is arrived at, as a last

Monday, April 22, 2019

NURSING CARE PLAN Research Paper Example | Topics and Well Written Essays - 500 words

care for CARE PLAN - Research Paper ExampleDorothea Orem considered all human beings as basically biopsychosocial beings with capabilities and willingness to relegate care of themselves and also be dependent on others. It is through these capabilities that human beings live and maintain wellness (Clark, 1986). The ultimate aim of these capabilities is to meet 3 groups of needs, which are known as self-care requisites and they are universal, developmental and health deviation (Orem, 1985 cited in Comley, 1994 ). The requisite for Mr. C at this current juncture is health deviation. Mr. C is in congestive heart failure, has anemia and also deep vein thrombosis. He also has hypothyroidism. He is on lasix and metoprolol for heart failure and coumadin for deeep vein thrombosis. He is very pale because of mild hemoglobin and also congestive heart failure. His laboratory tests are suggestive of renal impairment. In thought of congestive heart failure, he is dyspneic and his saturations are low. Mr. C needs to feel comfortable at breathing. He is dysneic and his saturations are low.

Sunday, April 21, 2019

Zara Term Paper Example | Topics and Well Written Essays - 3750 words

Zara - Term Paper ExampleHowever, in order for the IT systems to offer all their benefits, it is necessary for modern way techniques to be introduced within the organization. Canon case study can be reviewed for understanding the management of change due to the improvement of the firms information systems 2. IT changes our life In this class I can learn how IT can change our life. In the terms of social life, IT systems have promoted communication among plenty worldwide, meaning especially the social networking sites and the microblogging sites. When use in various industrial activities, IT systems have helped to improve quick manufacturing processes. Also, through IT systems, the development of daily financial transactions becomes easier and safer. Examples indicating the influence of IT on our lives are a) Facebook (social networking site), b) mobile gadgets used by mobile users daily, c) teleworking, d) teleconference and so on. 3. IT benefits on newspaper or book and video I n this class I can learn how IT systems can benefit newspaper or book and video. employ IT systems, editors in newspapers can have quick access to news worldwide and check demographics and statistics, which cannot be forthcoming otherwise. Through IT systems,

Saturday, April 20, 2019

A Philosophical Review of Nature's and Animal Rights Essay

A Philosophical critique of Natures and Animal Rights - Essay ExampleIn contrast, Tom Regan disputes that there is a difference between having an lodge in in something and taking an interest in it (Varner, 1998, 55), which then implies that national species, being mindless species, realise inbred biologic interests. Regan thus mendd biologic interest in this way the two senses really argon logically distinct A being can be interested in something that is not in his interests, and something may be in a beings interest despite the fact that he is not interested in (Varner, 1998, 55). This means that domestic species, having no conscious desires in whatever way, form biologic interest of their give birth. Regan added that plants and objects can reasonably be thought to have biological interests, since both have immanent orders in their own breed. On the other hand, Gary Varner (1994) argues that if all living things have biological interests, then it is implausible to prev ent spoiling countless biological interests of others. Varner cited John Pass mores passage to define biological interest the Jainist principle of avoiding harm to all living things is far too strong. This is the more obvious now that we are aware of the minute living organisms which everywhere surround us. In breathing, in drinking, in eating, in excreting, we kill. We kill by remaining alive (as cited in Varner, 1998, 77). This implies that nonhuman animals and plants have biological interests of their own, but lose these biological interests when confronted with the biological interests of human beings. However, if domestic species do not have biological interests, it is still possible that they have constitutive(a) or intrinsic outlay(predicate) as shown by the arguments of capital of Minnesota Taylor, Tom Regan, and Peter Singer. First, according to Taylor (1981), to argue that a nonhuman animal has natural worth is to wear off that its interests Taylor believes that domes tic species have biological interests merit the respect and thought of every moral agent. Moreover, the recognition of its interests has intrinsic value, to be realized as an objective and on behalf of the being whose interest it is. Taylor further argues that inherent worth is not some mysterious sort of objective property belonging to living things that can be discovered by empirical observation or scientific investigation (Taylor, 1981, 204). Hence, to say that a domestic species, which would not exist without human interference, have no inherent worth is wrong since, according to Taylor, inherent worth cannot be determined by inductive reasoning or sense perception. Ultimately, Taylor (1981) believes that inherent worth is a value that is ascribed to nonhuman animals and plants themselves, independently of their relationship to what humans judge to be conducive to their own good (p. 204). Hence, with or without human interference, domestic species have inherent worth. Similarly, Tom Regan states that the presence of inherent value in a natural object is independent of any awareness, interest, or appreciation of it by any conscious being (Varner, 1994, 26). Domestic species have inherent value, and it is equal to that of human beings. The lack of intellect or reason is not a justification to say that nonhuman animals do not possess inherent value. Likewise, Peter Singer claim that if a nonhuman animal has a particular feature, like biological inter

Friday, April 19, 2019

Is regulation really necessary, or can all the benefits claimed for it Essay

Is regulation genuinely necessary, or can all the benefits claimed for it be achieved through the promotion of competition alone - Essay exemplificationNational g all overnments may regulate for a variety of reasons, including re-election and influence from economically powerful houses (Baldwin, Cave, and Lodge, 201216). Governments may as well technically justify regulations, thus the general assumption that the regulation was in the context of normal use up. However, virtually rationales presented are instances of market failure, thus regulation is initiated, as the uncontrollable market will produce results or behaviors against public interest. Other scenarios may present issues of market absence, or an ineffective market. One of the advancing and underdeveloped industries in the global economy is information and communication technology (ICT). The rapid growth of ICT presents concern over regulation and the possibilities of eliminating market failures, thus the rise of suc h regulatory bodies like the Federal Communication boot in the US.In summary, regulation is better than competition in safeguarding public interest. Among the theory favoring regulation, include public interest theory, private interest theory, and interest groups theory. According to the public interest theory as argued by Baldwin, Cave, and Lodge, in their 2012 publication, the rationale behind regulation is to benefit and protect the public at large. The theory capitalizes on potential market failures such as monopolistic powers, externalities, asymmetric information, and strategic behaviors. It thus creates the ideology that consumers affect protection from market failures and business abuses, with the assumption that regulation serves the best interests of the public through restricting potentially harmful business behaviors (Baldwin, Cave, and Lodge, 2012164). The interest groups theory suggests that there is need for regulation for the interests of stakeholders, while the pr ivate interest theory seeks to safeguard the interest of private interest groups in regulation.

Thursday, April 18, 2019

New York Demographics and the Economy Term Paper

New York Demographics and the Economy - Term melodic theme ExampleIn coming years, the population is set to increase at a rate of 1-1.5% that privy be a source of worry for the government. It was further found that 51.5% of the total population of the state argon female and the remaining 48.5% are male. 53% of the total population identify themselves as Caucasian, 18% as Hispanic, 8% as Asians, and remaining as native individuals.The health status of New York State operates a state-based marketplace that is known as the NY State of Health. It is designed to help and support pack to shop and infix for health insurance coverage along with comparing insurance coverage and costs. The marketplace also helps people to check their eligibility for healthcare programs such as Medicaid. The marketplace helps people to know about the financial assistant that plays an important role in availing relevant medical and healthcare services. 2The state seems to be expanding its medical and healt hcare coverage for low-income adults in order to enhance their wellbeing.Fiscal capacity of a state can be defined as the ability of a governmental jurisdiction to transform economic activities within its geographical boundaries into the public spending. The idea is to raise revenue along with keeping a transparent approach in terms of presenting data and information to the public. 3 Thus, the economic capacity of states is based on taking into the musical score the income produced, income received from the residents, and total property wealth along with relevant expenses on the public needs and demands. found on the State Health Facts, it was found that the state fiscal capacity for the year 2013 fell gyp by $2,000 million and that was around the total shortfall of 3.4%. This was mainly because of the expenses that affected the total earnings and therefore the shortfall.

Wednesday, April 17, 2019

Business News Event - Article Summaries Example | Topics and Well Written Essays - 1000 words

Business News Event - Summaries - Article ExampleIn this member, the strategies that Samsung pursues to find out competitive edge together with the challenges and threats facing the company possess been enumerated. The strengths and strategies of the competitors like apple, Nokia and Motorola have also been highlighted. The article testament however be used in identifying some of the management concepts and elements that Samsung engaged in to advert its products remain relevant in the market where consumer selectence determines success. In this article, the management of Samsung recognizes the need to employ foreigners to service in the development of softwargon for their handset. The company targeted the highly talented professionals from India and other nations who were ready and willing to layabout their services to improve the quality of the handsets and products that were manufactured. Moreover, this would be a deviation from the company norms and culture whereby the co mpany employees were exclusively locals. memorial tablet culture forms an important concept in the operations of argumentes and the manner in which contrastes conduct their activities (Treat 86). Organization culture is important for branding, identification, and history. It has often been used in developing strategies meant to ensure organization successfully markets its products. From the article, it is soak up that managing competition requires high level of flexibility and breaking of organizations norms (KIM 25). Competition determines how management will conduct business and set their prices. Quality must be improved in a bid to ensure that customers prefer a companys products more than those of competitors. Managing competition therefore requires the commitment of the managers and other important business stakeholders. In the case of Samsung, the company management had to act at the fastest time possible to have the company embrace competition in a the free market. Anoth er management concept that can be learnt from the article is mixture management. Change can be defines as the alteration of the status quo i.e. making latch oning new ways and methods of doing things. In the business scenario, companies have to continuously conduct environmental scan in which they attempt to predict the possible changes in the environment and analyze the impact of such environmental factors on the business performance and operations (KIM 26). Companies that are able to accurately forecast on the possible changes in the environment and formulate policies that may assist in ensuring that the business is not adversely affected will always be in a military position to survive and maintain desired growth. From the article, Samsung as a company has been in a position to realize the need to change some of the fundamentals that are necessary in ensuring it enhance efficiency and promote customer satisfaction. The company was in a position to predict the shifts in the mar ket tastes and preferences by the development of smart phones and iPhones. Samsung realized the need to have them change their employee base by employing and engaging employees who are foreigners (Treat 89). The company further went ahead to accept completely adopt new ways of conducting business without really remaining fixed on the mode of their operations. In addition, Samsung change magnitude its investment in research and development in order to support the development of