Ethical principles contribute to good business operations

Businesses that practice good ethics tend to succeed in the business world. Not only is it the right thing to do it is also proven to pay off in financial gains. To have good ethics a business must be legal for starters. Businesses must conduct themselves with integrity, be honest, and fair. Businesses should manage relationships in an organizational and ethical manner as well. This allows employees to address problems with other employees and management without fear of retaliation. Management must effectively convey with employees and not put pressure on them to act unethically. They should also have a zero tolerance for any kind of sexual harassment or discrimination in the workplace. There are factors that may seem touchy in practicing good business ethics such as giving gifts. This can be perceived as bribes to some but innocent to others. To avoid any problems companies should have a policy set in place stating what is acceptable and the value of the acceptable gift in detail. There are principles the make a business have respectable business ethics. Some of these principles include the following: being trustful, keep open mind, meet obligations, have clear documents, stay involved in the community, maintain account control, and be respectful. Businesses should understand that consumers want to do business with a company that they trust. This built strength and a growing client base. For continued growth the leaders of the cooperation should keep an open mind foe new and improved ideas that help them growth. Honor all your commitments as a business try everything in your power to keep your customers happy. Make sure all that you advertise or promise is correct not falsely or incorrectly isrepresented this leads to distrust so stay on top of what is actually represented by your company. Participating in community events or staying involved in local affairs shows you care which could bring in more business because customers might trust you even more. Finally, treating others with respect regardless of any differences goes a long way in practicing good business ethics. There is little difference between service and manufacturing business. Discuss I believe this is totally false according to the research that I have done on this topic. First, of all manufacturing businesses sell different than service businesses. Manufacturing businesses creates and sells a physical while a service business just sells a service. For example, Pepsi sells Pepsi products which are a physical product that comes from a manufacturing business. If a lawyer represents the Pepsi Company he is not selling any products but rather a service. Manufacturing and Service businesses also reside in different locations. Manufacturing businesses need to be close to their customers either retail or distribution. Service businesses have more latitude. This depends on the service that is being offered. Some service businesses are successfully ran out of homes or warehouses. In these cases most of the time the client never visits the business. Accounting is another way that these businesses are run differently. Manufacturing businesses have inventory to keep track of while service businesses do not. However, service businesses have to levy a cost on the hours their service provider’s work. Manufacturing usually uses the account method. This method counts an invoice as income. If any returns happen then the company has to make an offset of the income. Which can lead to further reduction by the costs of goods sold to eventually find the company net profit. Finally, there is a thing called forecasting that manufacturing businesses do differently than service businesses. In a manufacturing business they count inventory first. Then it estimates the number it can produce in a certain amount of time. This is dictated by the equipment that the business has as well as forecasted or predicted sales. Lastly, they add up the cost for all goods sold. Service businesses run completely different. They have no costs of goods to keep track of except the cost of overhead. Since there is no inventory there is no way economize equipment that helps determine efficiency gains. In the end, service businesses base their forecast entirely on what the service providers themselves can manage. It is all up to them not any product or any kind of equipment. In conclusion, It is definitely more profitable to run a business I believe with the best ethical standards set in place for a business. People trust a company more that has a strong background and a known image of being trustworthy. Not practicing good business ethics can end a business fast or cause bankruptcy. It is best to do the right thing at all times no matter if it is in business or just life in general.

Networking models Review Essay

3.1: Networking models Review: The two networking models are TCP/IP which had 5 different layers and the OSI model which has 7 layers. They mainly incorporate the same layers and the only difference is that the TCP/IP layer combines layers 5, 6 and 7 all into layer 5. Both models are along the same line of information and both explain how a network moves data. 3.2: OSI reference model: The OSI model includes two more layers that the TCP/IP layer already had but is constructed in only layer 5. 7: ApplicationWeb browser, 6: PresentationWhat is being displayed on your page 5: SessionControl structure between sessions 4: Transport(TCP) Transfers data between points 3: Network(IP address/URL) Routing, responsible for addressing, sending and translation of logical and physical addresses 2: Data linkSends frames back and forth with necessary sync and error control (MAC/PPP) 1: Physical(Copper, wires ect) Defines the mechanical procedures that are required to establish and maintain physical links. 3.3 The TCP/IP model TCP/IP reference model; includes all information as OSI but only has 5 layers and not 7, Layer 5 includes layers 5, 6 and 7 combines. 5: ApplicationCombines layers 5, 6 and 7: provides network services such as email, file transfers, exchanges of data, support connections between sessions and inner host communications 4: Transport(TCP) transfers data between end points 3: Network(IP/URL) The routing process, packet switching and exchanging (looking for your URL) 2: Data LinkSends frames to and from with flow control, error control and sync; also addresses topology and medias. 1: Physical(Copper, wires ect) Defines mechanical procedures that are required to establish and maintain physical links 3.4 data link connections Computer A is trying to send information to Computer B, the IP address must see the advertisement from Computer B for the router to know where to send the information. The router then strips the Ethernet and sends the information over a leased line to router B, Router B then sends connects to another ether and PPP to further send to Computer B.

Energizing Red Bull Essay Example | Topics and Well Written Essays - 2750 words

Energizing Red Bull - Essay Example This essay discusses that the â€Å"Red Bull – The Anti-Brand Brand† case showcases the strategic and global growth of energy drink, Red Bull. Discovered in Asia by Dietrich Mateschitz as a drink to boost factory productivity in 1982, the drink became a household name by 2003 with sales in more than 100 markets and a market share of 70%. Being a pioneer in energy drinks segment, Red Bull is an innovative product that tactically filled a gap in the market that only had coffee or natural juices as alternative options for energy. Red Bull, a compund mixture of taurine, caffeine and glucuronolactone, claimed to boost metabolism, improve performance, increase concentration and reaction speed, and increased endurance. Red Bull attained operational excellence by having decentralized sales and distribution channels, making sure that the product was accessible and available at all times. The brand created high barriers to entry by making sure there were â€Å"exclusive† p artnerships with strong distributors. The sales teams helped generate an aura of â€Å"exclusivity† by handpicking initial distributors and deliberate limiting of the supply. As expected in any industry, a growing market always attracts competition. In 2004, Red Bull faced intense competition from giant brands such as Coca-Cola and Pepsi who were developing their â€Å"health drinks† business and from private lables across the market. Currently, the top competition for Red Bull is from Monster, Pepsi and Suntory. It is seen from recent reports that the market share of Red Bull slipped to 40% in 2010. (Privo, 2010). The following write-up describes the marketing & communication strategies that Red Bull shouls adapt in order to rebrand its image and increase its sales to fight competition. Media Strategy Adopted by Red Bull in the case Key Customers & Customer segments The key customers for Red Bull were Generation Y-ers (18-29 year olds) who were the main consumers of à ¢â‚¬Å"extra energy† projects. Previously, these customers looked out for products (sometimes illegal) such as alchohol to provide them the extra thrill in their lives. Within the young adults customer group, Red Bull segmented them further to customize their promotional activities with respect to their needs. These segments are: Club-goers: All party-loving people who love a vibrant nightlife, like to dance and drink. These customers were the major consumers of thrilling vodka-red bull mix. Outdoors enthusiasts (Skiers, Skate-boarders): Outdoors enthusiasts such as skiers, snowboarders wanted Red bull to keep their energy levels high during their expeditions. Extreme Sports & Action games lovers: Lovers of extreme sports and action games such as racecar, bike racing and skydiving etc. also consumed Red Bull with zest. Hardcire Music fans: Music fans that regularly attend music festivals, rock concerts and other music gatherings were also users of energy drinks as Red Bull. Stu dents: Students who needed extra energy during their exams and university classes were another segment of Red Bull consumers. Product Positioning The manufacturers of Red Bull created an innovative niche for itself by positioning the product as a different, cool and rebellious product, which is available at a premium. Dietrich Mateschitz deliberately separated Red Bull from carbonated drinks (soda), juices or coffee. (Joyner, 2011). Key Messages & Brand Positioning The brand positioning and key messagers were derived from out of the product benefits and after-effects: Red Bull vitalizes body and mind. This key message became the nucleus of all promotional activities surrounding Red Bull with brand attributes as innovative, rebelling, self ironic, intelligent, nonconformist, self-confidence, mysterious, witty, charming, polarising and unpredictable. Red Bull’

The Mental Status Examination Essay Example | Topics and Well Written Essays - 1000 words

The Mental Status Examination - Essay Example He was finally taken to the rehabilitation centre after along struggle. Joni finished high school and was enrolled in a middle college. However, he dropped from the college after two semesters due to drug influence. In the college, he had other friends whom they were taking drugs together. Because of this, they were suspended and warned of arrest incase they proceeded with the act. However, he stated that the administration was just suspecting and he had to move away fast before any action. However, he seems to be above average because he reports that he had passed well in high school. The language proficiency and fluency were evidenced since he could coordinate well with little difficulty. Therefore, he can be considered as brilliant. Joni initially started using the drug while at the age of eighteen. Before, he started drinking alcohol every weekend. Gradually, his interest shifted to smoking cigarettes until he graduated to cocaine use while in the college. This practice proceeded and the frequency increased daily. He did not realize that he had become addicted until one day when he missed taking the substance he became very sick and started trembling. On taking the drug, he felt good and was then motivated more to continue with the drug usage. At the age of twenty two years, the body’s demand went higher and he introduced the injection. He stared doing the injection once a day, but later in a few months the rate of usage increased to about three to four times a day. Joni is still struggling to abandon the drug use because he has started feeling the consequences and challenges. The challenges he faces are mental in nature. Since I can understand his responses, he now has some small mental challenge cases that needed to be addressed. Joni appeared to be older than his age and was looking frustrated.

Training Objectives and SMART Goals Assignment Example | Topics and Well Written Essays - 750 words

Training Objectives and SMART Goals - Assignment Example During the training of the designers, managers as well as the heads of departments, the company will adopt the Grasha-Reichmann Learning Style. According to this style, the approach of the employees been trained will be analyzed while at the same time ensuring that concepts of participative, dependent and collaborative will be applied (Sprenger, 2003). The training program will ensure that adequate time is provided for the trainees to participate through asking questions and providing feedback on the impact of the training on their productivity. Similarly, the employees will form teams that will allow them to evaluate themselves and share knowledge.   It is vital to note that my making the employees dependent during training, it will make them acquire wide range of skills that will make them perform wide range of duties independently after training (Noe,   2012). Additionally, making the employees dependent will create strong positive working relationships that will ensure that c onflicts that may jeopardize operations in the work place are avoided.  Training objectives Training objective 1: Employees will be trained to come up with unique designs that will not only meet the needs of the customers but also that which will be difficult to be copied by the competitors. The managers will adopt good leadership skills that will entail innovation and need to attain a goal.Performance of outcome desired: Improve their skills of coming up with good designs as directed by heads of department.

Cultural Activity Report Essay Example | Topics and Well Written Essays - 500 words - 1

Cultural Activity Report - Essay Example In fulfillment of the requirements of this course, on 15th/03/2014, I took my time and attended a live concert at the City Auditorium. This was a spectacular event organized by the National Jazz Promoters which features the renowned Jazz Band of America. As a student, I had to attend this show in order to have a first-hand encounter with this high school-students-dominated band. It was indeed a great experience because it exposed me to lots of entertainment that I had never enjoyed before. With the National Jazz Promoters at the helm of the concert, everything went as planned. I was very excited and anxious to come across great figures like David Alex Lacy, Joel Gardella, Aaron Mutchler, Josh Achiron and Max who have made a name in the music industry. Even before the beginning of the event, my attention was captured by the theatre. For sure, the event was organized in a very spacious theatre equipped with modern facilities including chairs, stage, auditorium and laser lights. Meaning, all the fans that had thronged the venue would be easily accommodated without any problem. Besides, there were still enough spaces in which everyone would get to dance and enjoy the sweet melodious songs played by these artists. I was impressed by the manner in which these artists entertained us. Each of them seemed to have been adequately prepared for their respective roles which they played excellently. Meaning, the conductor, vocalists, singers, dancers and the instrumentalists were quite articulate in their performance. Everything was properly coordinated to help in producing sweet sounding rhythms that could be enjoyed by everyone. As a matter of fact, I was particularly delighted by the performances of Phillip Ahn who played the saxophone; Nathaniel McKay who played a trumpet; guitarist Josh Achiron and the pianist Max Holm. Their participating in the concert was so entertaining. A part from these instrumentalists, the singers also displayed a

Avon Calls for Foreign Market Case Study Example | Topics and Well Written Essays - 1000 words

Avon Calls for Foreign Market - Case Study Example From this paper it is clear that Avon applied product orientation strategy where it produced its goods and went to its customers to check whether they will be interested. Oudan & N.S. U, 2007 observes that this orientation has the advantage of saving the customer the burden to second-guess how a new product would develop. Product orientation allowed Avon to keep producing the items it was good in without having to deal with the risks involved in producing new products. Marketing orientation bears more advantages. In their line of duty, Avon representatives meet people and they get to hear their varying queries, ideas, and needs.  This study outlines that  Avon depends more on foreign markets because they do not stiff competition. There are many cosmetic manufacturers in the U.S. cosmetic industry. Avon’s independent salespersons help advertise products through the word of mouth. This cuts advertising costs that would accrue from other ways of marketing such as media.  Gr owth in the numbers of women who use cosmetics would raise Avon’s profitability. These are women of ages ranging between young adulthood and middle age. On the other hand, if the elderly exceeded the young, Avon’s profitability will go down. Avon targets women and an unbalanced growth in population that would lead to more men than women would reduce Avon’s sales and profitability. Global recession renders some people unemployed because companies resort to lay-offs and retrenchments in order to cut on their costs.