The Unknown Rebel Essay Example

The Unknown Rebel Paper On the fifth Of June 1989 a solitary Chinese man confronted a line of 18 tanks in Tiananmen Square. The picture of him and his equitable demonstration was communicated everywhere throughout the world as the picture to always outline one unimportant keeps an eye on capacity to confront a for all intents and purposes relentless power. Regardless everything being equal, Western Media Sources have been not able to find his actual character so he has been named The Unknown Rebel by Time Magazine and was remembered for their rundown of 100 Most Influential People of the twentieth Century. This man is viewed as an agitator since he conflicted with the man and would not do as told by the tanks remaining before him. For the past two days there had been unpleasant brutality happening between understudy dissenters and the Chinese Government with episodes of individuals being shot in the back by officers for their master majority rule government dissents in Tiananmen square. His demonstration was characteristically insubordinate in light of the fact that he held up traffic of the tanks and even moved left and right with the tank to additionally obstruct its way in a resistant manner. He was even observed to jump on the tank and state to the driver Why are you here? My city is in turmoil as a result of you. He at that point moved down and observers pulled him over into the group as he retreated into namelessness. The Chinese government is a power to be dealt with and this obscure renegade more likely than not known about they were fit for killing as military law had been announced and thousands simply like him had been killed in the previous days. Just a genuine renegade would chance his life to resist the legislature and confront a line of 18 tanks. We will compose a custom article test on The Unknown Rebel explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on The Unknown Rebel explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on The Unknown Rebel explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer His picture has been received by numerous individuals in numerous nations as a sign that each man can have any kind of effect and accomplish something significant that impacts a huge, assorted measure of individuals. It has been said that he was found in his wonderful second by more individuals than any other time in recent memory looked at Winston Churchill, Albert Einstein and James Joyce joined. This by itself is demonstrative of the centrality his one demonstration had contrasted and the lifetime accomplishments of certain men viewed as generally increasingly well known. The way that after his demonstration of insubordination he gloriously vanished into the group further adds to his picture of the dissident. Nobody knows what his identity was, not to mention what befallen him after that day. After a year, when an American correspondent asked Chinese pioneer Jiang Zemin what had befallen the obscure revolutionary and he answered I think never slaughtered. This riddle encompasses the obscure revolutionary is one ascribe that adds to his picture as a radical because of the picture that has been made around his namelessness. All in all, the obscure renegade of Tiananmen Square is a radical since he has become an image for facing the enormous force at the danger of everything for something you have confidence in.

Economics Financial Crisis

Question: Talk about theEconomicsfor Financial Crisis. Answer: Presentation The paper for the most part centers around depicting the significant makes that drove worldwide money related emergency, which urbanized in the United States in the year 2007-2008. This paper, by divergence is a push to appreciate the significant instances of the GFC. Between the year 1996 and 2004, there was essential decrease in the drawn out paces of enthusiasm for the US. This was connected with a high just as expanding current record shortfall (Erkens, Hung and Matos 2012). The US therefore, needed to utilize tremendous totals of cash from abroad, for the most part from China just as the other oil delivering nations so as to subsidize the deficiency. Therefore, the drawn out paces of premium were brought due down to immense inflow of capital and it was re-lent by US monetary foundations to homebuyers just as financial speculators (Treeck 2014). Body Research Question Will the US money related emergency lead to end of the US? How does the cost of gold impact the soundness of an economy? Writing Review As opined by Thornton et al. (2015), the enormous venture banks of the US expanded their resource for value proportions from 23 in the year 2004 to 30 constantly 2007. At the end of the day, for every one dollar of equity or capital the banks had twenty-three to thirty dollars in assets financed by loaning. Because of the huge increment in the cost of gold that broke its record for the most elevated ascent in a one-day time frame, Morgan Stanley and one of the last two US resource banks left standing. Morgan Stanley and Bear Stearns had accomplished advantage for value proportions of thirty-three to one. The business banks were likewise perilously utilized be that as it may; it was not clear as they kept a tremendous measure of their returns, off their accounting reports. At that equivalent time, loaning got costless as home loans just as business credits were being packaged up and sold on to different investors. Subsequently, Goldman Sachs and the Morgan Stanley are the main massive left standing. As indicated by the Marxist financial experts, the significant reason that prompted stagflation in the US economy was a critical fall in the general pace of benefit. The pace of benefit in the US declined by just about 50 percent from around 12 percent (Yamamoto 2014). The significant basic reasons for the US budgetary emergency were the expansive just as expanding disparities of salary and flourishing between families in the US society. Modern private enterprise was bolstered by just 42 percent of the complete populace and the number was for the most part higher among the gathering of more established people. Universally, free market private enterprise is experiencing harsh criticism as nations across Europe addresses the benefits of the US (Kilian and Hicks 2013). The US monetary emergency, brought down business consumption just as work and financial development. The cost of gold for the most part uncovers the genuine territory of US budgetary wellbeing. On the off chance that the cost of gold expands, it demonstrates that the economy isn't sound. Financial specialists generally buy gold as it goes about as a protection from both monetary emergency just as swelling. Notwithstanding, then again the low cost of gold shows that the economy is sound. The costs of gold are for the most part impacted by the laws of both interest and gracefully (Karanikolos et al. 2013). Quantitative Approach As indicated by the information from the World Bank Group, the US budgetary emergency generally expanded because of increment in loaning to the emergency hit creating nations. The general loaning is probably going to increment from US$13.5 billion to more than US$35 billion. Since the year 2009, programs identified with advance alteration have helped a great many borrowers to stay in their homes. Year Swelling Gold Price 1977 560 300 1987 450 500 1997 500 430 2007 800 520 2017 1600 1500 Between the years, 1979-2007, genuine yield every hour raised by 1.91 percent while the genuine normal hourly income of non-administrative representatives declined by 0.04 percent. In the year 2008, the cost of gold expanded by 2.6 percent in any case; the PPI for gold diminished by 12.8 percent as the US was postponed in the money related just as monetary emergency of the Great Recession. The sudden moves by the US Federal Reserve to ingrain liquidity into the economy helped subordinate the estimation of the dollar. The costs of gold hopped by 50.6 percent during the year 2011. This was for the most part because of suspicion encompassing an unpredictable recuperation also precariousness in the US money related market. The expansion in the cost of gold eased back down during the year 2012. In the year 2012, there was a 5.4 percent expansion that prompted littlest yearly benefit. During that year, the Producer Price Index (PPI) for finished merchandise progressed 1.3 percent. The desc ending movement of costs for middle of the road vitality products prompted deceleration in costs for transitional merchandise (Domhoff 2013). The kinds of episodes that are related with the US monetary emergency incorporate separated occurrences or simply financial commotion. The indents are for the most part identified with the rate of a monetary emergency. The US budgetary emergency, prompted overall gloom that additionally prompted absence of worldwide coordination. This is for the most part because of the way that most governments just as financial organization that turned inwards (Peters et al. 2012). Proposal It is enthusiastically suggested that there ought to be a superior coordination between organizations just as more grounded assortment of information and expanded guideline on protection firms and non-bank money related administrations. The Federal Reserve additionally requires doing rulemaking that will assist with bringing down the money related emergency. The cost of gold ought to likewise be brought down with the goal that the US private enterprise doesn't get broke. End It tends to be inferred that the US acquired enormous aggregates of cash from abroad, generally from China just as the other oil creating nations so as to finance the deficiency. It tends to be likewise be presumed that administrative spines matter undoubtedly. Morgan Stanley and Bear Stearns had achieved resource for value proportions of thirty-three to one. It has been discovered that main source that prompted stagflation in the US economy was a vital fall in the general pace of benefit. References Domhoff, G.W., 2013.Finding importance in dreams: A quantitative methodology. Springer Science Business Media. Erkens, D.H., Hung, M. what's more, Matos, P., 2012. Corporate administration in the 20072008 budgetary emergency: Evidence from monetary foundations worldwide.Journal of Corporate Finance,18(2), pp.389-411. Karanikolos, M., Mladovsky, P., Cylus, J., Thomson, S., Basu, S., Stuckler, D., Mackenbach, J.P. what's more, McKee, M., 2013. Budgetary emergency, starkness, and wellbeing in Europe.The Lancet,381(9874), pp.1323-1331. Kilian, L. what's more, Hicks, B., 2013. Did out of the blue solid financial development cause the oil value stun of 20032008?.Journal of Forecasting,32(5), pp.385-394. Stowell, D., 2012.Investment banks, multifaceted investments, and private value. Scholarly Press. Thornton, J., Glasgow, S.M., Hamza, H.R. what's more, Ismael, I.M., 2015. Bear Stearns: A Financial Analysis of the First Domino To Fall. Treeck, T., 2014. Did imbalance cause the US monetary crisis?.Journal of Economic Surveys,28(3), pp.421-448. Subsides, G.P., Marland, G., Le Qur, C., Boden, T., Canadell, J.G. also, Raupach, M.R., 2012. Quick development in CO2 discharges after the 2008-2009 worldwide monetary crisis.Nature Climate Change,2(1), pp.2-4. Yamamoto, S., 2014. Transmission of US money related and exchange stuns to Asian economies: Implications for overflow of the 20072009 US budgetary crisis.The North American Journal of Economics and Finance,27, pp.88-103.

10 Ways Millennials are Turning Hobbies into Successful Businesses

10 Ways Millennials are Turning Hobbies into Successful Businesses Millennials have turned hobbies upside down.Unlike previous generations that only engaged in their hobbies as a way of having fun or passing time, millennials have found ways to get paid doing what they love by turning their hobbies into successful businesses.Activities that were solely done for fun have been transformed into income generating activities.Love riding your bike? Why not join Uber Eats and do deliveries while you ride? Love having in-depth conversations with friends about quirky topics? Why not start a podcast and monetize it? Love making things with your hands â€" origami, for instance, or carpentry?You can do monetized YouTube tutorials, and make money while at it. Love playing an instrument?Well, you can become an online coach and make money teaching others how to play the same instrument, or you could do local gigs like parties and get paid. Love planning and throwing parties?That’s a business right there!In short, millennials are turning almost anything that was previously done for fun into a business.This has been aided in great part by the internet, which revolutionized the concept of work.The rise of platforms like Instagram, WordPress, You Tube, Medium, and Facebook has brought seemingly limitless opportunity, and millennials are taking advantage.Below are 10 ways millennials are turning their hobbies into successful businesses.1. GAMING This one must sound totally outrageous, but I’m not kidding you. Millennials are doing it and making real money from it.As strange as it sounds, it is possible to earn from your passion for playing video games.A good example of a millennial making money from video games is PewDiePie. Born in 1989, his real name is Felix Arvid Ulf Kjellberg. In 2011, Kjellberg dropped out of university and waded into the world of content creation through his YouTube channel.His following grew quickly and by June the next year, PewDiePie’s YouTube channel had garnered over one million subscribers. By August 2013, PewD iePie’s channel was the most-subscribed channel on YouTube.Between December 2014 and February 2017, it was the most-viewed channel. Counting up to April 2019, the channel’s subscribers have surpassed 96 million, with 21 billion views.While PewDiePie also makes vlogs and comedic shows on You Tube, he is most noted for his Let’s Play video game commentaries. Let’s Play is a video format which documents a video game as you play it.Unlike a video game walkthrough or a strategy guide, a Let’s Play video focuses on the gamer’s subjective experience of the game. The video typically includes the gamer’s commentary and camera view of his/her face.The Let’s Play gamer is typically humorous, irreverent, or even critical as opposed to providing objective information on how to play the game. For instance, PewDiePie’s commentary is noted for its genuine, unfiltered nature.Some have criticized it for being abrasive. Kjellberg is so popular that when he plays indie games on his ch annel, their sales rise significantly â€" the “Oprah effect”.In 2016, he was named by Times Magazine as one of “The World’s 100 Most Influential People”.So, how much can someone really make from vlogging about video games? While Kjellberg does not like to talk about how much money he makes, in June 2014 the Wall Street Journal estimated that he made $4 million in 2013. Kjellberg later admitted on Reddit that the figures were close to what he actually earned.In 2015, he was featured at the top of Forbes’s list of the richest You Tube stars, with a reported $12 million earned that year.The next year, with $15 million annual income, Forbes named him the highest-earning You Tuber. In 2017, his earnings dropped to $12 million.There is more than one way to make money from YouTube gaming videos. The most obvious one is ads. Advertising has gone online, as this is where most people spend their time. That’s why many videos on You Tube are preceded by an ad.The second way is spo nsored videos. If your channel attracts enough views, advertisers will come to you with offers.In the case of gaming, a video game company will pay you to play their game on one of your videos and give a review of the game.Sponsored videos will earn you more money than regular ads. YouTube Premium (a paid subscription program which provides ad-free content for users who are willing to pay a certain monthly rate) is another way to make money on You Tube.Aside from making YouTube videos about video games, some millennials also make money from their passion for video games by engaging in e-sports competitions.You can think of it as ordinary sports like basketball or soccer, only that this time, the players are competing virtually.There are teams, and players can even be transferred as happens in the NBA or Premier League. Want to hear something even more surprising? The players are actually paid salaries, which can go as high as $300,000 or more?Yes. While some may view your passion fo r video games or YouTube as a waste of time, if you make the right moves, you can turn it into a business.How I wish my dad had allowed me to play video games more often!2. PODCASTINGDo you have something burning to say, an interesting point of view? Do you like sitting around talking with friends or colleagues about issues that are important to you?If this sounds anything like you, you might want to consider podcasting.Podcasting is like radio, but without the stifling corporate structures. It is basically the democratization of radio. It’s like having a blog that operates using digital audio technology.Podcasting, just like blogging, gives you the freedom to express your authentic self.Podcasts were first popular among techies, but over time the general public embraced them, and today they cover all sorts of topics: music, philosophy, politics, international relations, sports, art and literature, celebrity gossip, and so on.As with most platforms that give you a voice, the best way to stand out as a podcaster is to zero in on a niche that appeals to you or in which you are an expert.People are more likely to consult your podcast when looking for information or entertainment on a specific topic if they know that’s your area of specialization than if you have a finger in every pie.Podcasts mainly make money through advertising and sponsorship. Podcast advertising involves the podcaster introducing a product to the listeners and giving them a discount code.Given the popularity of podcasts, brands are willing to sponsor entire episodes or podcast series.Another income stream for podcasters is through the membership/subscription models.This is where the podcaster charges the listeners for early access to content, exclusive extra episodes, and ad-free content. Podcasters also earn through donations from listeners through websites like Kickstarter and Patreon.Podcasts are largely mainstream now and some podcasters opt to do live events, even going on tour, like bands or live comedians.They host live events and people pay for tickets, merchandise, and “behind the scenes” access.If giving your opinion is something that appeals to you, do start a podcast â€" but first, figure out what your area of specialization is going to be.If you are a millennial who wants to start a business and is considering podcasting, check out The Millennial Entrepreneur podcast to get some ideas.3. TRAVELMost people would love to travel, but majority of them are not able to due to various reasons â€" work obligations, family, money, you name it.What if I told you that you could live your dream of traveling the world, and make money while at it? Sound like a dream?Well, there are several millennials who have turned their passion for travel into a business.So, how do they do it?The easiest way of making money from your passion for travel is to start a blog.If you aren’t a good writer already, work on that â€" or look for someone who will edit your writing into something coherent and fun to read.Since everyone dreams of travelling, those of us who are unable to do so will indulge this desire by vicariously enjoying the experiences you write about on your blog.Travel blogs also function as travel guides.Anyone who wants to go to Bali, for instance, will check out what their favorite travel blogger has to say about the place.Travel bloggers tell us about the foods to try, phrases to memorize, places to visit, and warn us of things we might do or say that will cause friction or misunderstanding due to cultural differences.One of the best things about being a travel blogger is that you don’t even have to have a website. You could actually be a successful travel blogger on Instagram like Chris Burkard, curating beautiful pictures of the places you visit.You could also be a vlogger, doing videos from your travels.There are different ways to approach this. The only thing constant is that you must travel a lot and document your adventures. Wher e or how you document them does not really matter.Once you have established yourself as a trusted travel brand, find ways to monetize this passion. Ads and sponsored posts go without saying.You can also forge business partnerships with hotels, airports, tour companies, tourism ministries in foreign countries, and so on.If you get your name out there, brands will want to work with you. In other words, be so interesting, compelling, and relatable that brands start to approach you as an influencer.You can also write a bestselling book about your adventures, the wisdom you have gleaned from years of travelling, different cuisines and recipes from around the world, and so on.The monetization options are endless.Before you become a trusted brand, however, you will have to travel on your own money.You can save prior to starting, or find ways to make an income while you travel.If you have an extra skill that can make you money during your travels, that will come in handy â€" for instance, b eing a freelance writer or graphics designer.4. SELL CRAFTS ONLINEDoes your hobby involve making things with your hands? If you love making pottery, jewelry, pieces of art, and so on, you can monetize your passion by selling your creations online.Think about it. If you set up a booth at your local art fair, or even a little shop in your neighborhood, how many people do you have access to? Not that many.On the internet, however, you can sell your creations to the whole world. If you market yourself properly online, there is really no limit to the market you can tap into.The only limit is your ability to create a trusted brand and attract as many followers as possible.It’s important that you have your own website, as this gives you credibility.It also enables interested buyers to check out your entire catalogue in a single online space, with no competition for their attention with other sellers.Add a blog to the website and write informative articles about your craft. Don’t just s ell. Provide back knowledge.The more knowledge you give, the more people will look at you as an authority and trusted source. People who want to learn about making crafts will come to your blog and form a community around you.Meanwhile, as the blog attracts traffic, find creative, non-intrusive ways to monetize it.For instance, you could try affiliate marketing, where you direct your site’s visitors to products on Amazon that they need for making crafts. Brands that make such products can also approach you for partnerships.If you are not ready to build a website, you can instead create a following on social media, particularly on Instagram, where you can post beautiful images of your work in different states of creation.You can check out Jesiii’s Instagram for inspiration. You could also sell your creations on Etsy.5. BECOME AN INSTAGRAM INFLUENCERWho would have thought that one day people would make millions just to post pictures online?If you love taking and posting photos, ho wever, that can easily become your full time job. Instagram is the king of social.Everyone who is cool and everyone who wants to be cool are all on the gram. This makes the Facebook-owned site the perfect medium for brands to reach their customers.The problem is that most brands aren’t cool â€" not unless they are Apple, Nike, Coca Cola, a luxury vehicle, or a high-end champagne brand.No one wants to follow a brand that makes wheelbarrows. No one cares about a makeup brand that isn’t Chanel, Laura Mercier, L’Oreal, or any of the other top, high-end brands.As an Instagram influencer, you give brands a voice on a platform that prioritizes the “cool factor” above all else.If you are cool, brands will want to associate with you, hoping some of your cool will brush off on them.The first thing to do, of course, is to make a name for yourself. Become famous and gather a large following.The more followers you have, the more leverage you have and the more you can earn.Find a topic or niche or just anything that makes you stand out in a sea of interesting people. If you are a model, post pictures of yourself in good-looking clothes (partner with local stores, fashion designers, or stylists so you don’t have to buy your own clothes). If you are a poet, post your poetry.That’s how people like Huda Kattan earn a rich living. Huda is one of the most influential beauty bloggers in the world, with over 35.7 million followers.Once you get the followers and become an Instagram celebrity, there is no limit to how much you can earn. You can sell anything and your followers will buy it.Write a book, create an app… they will buy, so long as your provide value.6. COACHINGIf there is something you love doing and can do better than the average person, you can also turn that into a business by teaching people how to do it as well as you do.I’m literally talking about just anything â€" dressing fashionably, talking to the opposite gender, working out, dating, building confidence, or anything else. I have even seen people make money by teaching others how to kiss.Yeah, imagine that. If you can do something better than others, you have a business idea right there. At the moment, the coaching industry in the United States is worth over $1 billion.Yes, you heard me right. And you can easily coach your customers over the internet, without even having to leave your house.As with most businesses nowadays, your brand is your main source of customers. Create an online presence for yourself on Instagram, Facebook, Twitter, You Tube, Medium, a personal blog, or wherever your target audience is.Curate unique posts and quotes around your area of specialization.Come up with unique insights on how to solve problems people are dealing with in your area of specialization.People will be willing to pay you handsomely if you show that you can improve their lives.7. ONLINE RESEARCHWhat if your hobby is exploring the internet? Are you the sort of person who goes onlin e to search the correct spelling of Singapore and two hours later you know all about Singapore’s history, including the fact that there was once a time when long hair was illegal in the country, and bands like Led Zeppelin couldn’t go on tour to Singapore?If you recognize yourself in that sentence, you might want to leverage this genuinely impressive skill to make yourself some money.Your clients will include companies, authors, bloggers, students, and a variety of professionals who want certain information they don’t know how to find or don’t have the time to trawl through.You can get easily online research jobs through websites such as AskWonder. To cement your reputation, you should create your own freelancer website which contains your portfolio.Ideally, you should eventually have your own network of direct clients who you communicate with directly via email or Skype, rather than relying on freelancer websites.8. SOCIAL MEDIA MANAGEMENTDo people tell you that you spend t oo much time online, that you should go out more often, or that you post pictures of your food a little too often? Are you crazy about everything social media? Are you one of the cool kids who understand what is in and what is out before everyone figures it out? Do you often communicate in memes, gifs, and emojis instead of words?If that sounds like you, you can actually make a living from this passion for social media.The world is filled with brands and people who either don’t understand social media or don’t have the time to. That’s where you come in.Approach the brands and position yourself as someone who can help them reach out to a younger audience.Unlike influencers, you will be anonymous, working behind the scenes, handling the brand’s social media accounts, bleeding your innate coolness and social media savvy into the brand’s core message.Naturally, you can’t promise anything if your own social media accounts have only a handful of followers.You must therefore be gin by investing real time and effort to spice up your own social media accounts and attract a huge following â€" when starting out, your accounts are basically your portfolio.You can check out this article to learn more about the traits and skills you need to succeed as a social media manager.9. AFFILIATE MARKETING NICHE BLOGSTake your favorite topic, something you are really passionate about and create a blog that caters to the niche market related to that topic.For instance, if you like reading, create a niche blog where you review books and give book recommendations.You can then turn your blog into a business by putting up affiliate links.These are links which direct traffic from your website to sites where the products you are reviewing on your blog are on sale. Every time someone clicks on a link and actually buys something, you get a commission.When it comes to affiliate marketing, it is good to note that some niches are more profitable than others.Profitability of niches is determined by the number of people doing searches of the keywords related to that niche on Google and other search engines.However, the quality of the searches is important. For instance, many people may search for quotes, but they won’t buy quotes.Instead, you should focus on a niche where people are willing to spend their money. You can learn more about choosing profitable niches for affiliate marketing here.To succeed as an affiliate marketer, you must also be excellent at search engine optimization (SEO). If you are good at SEO, you will be able to draw more traffic to your blog, which you can then turn into buyers.10. REVIEWING YOUR FAVORITE THINGSWe started with an unconventional business â€" gaming â€" and we will close with another unconventional business idea. It’s an idea so simple that even a kid can do it.Don’t believe me?Check out this kid who makes millions reviewing toys on YouTube.Just like Ryan (the millionaire kid above), you can also build a business out of reviewing stuff you like.This could be anything â€" cars, bikes, computers, headphones, gaming consoles, or anything else you are passionate about.You need to get your hands on whatever you are reviewing and talk about it in an interesting or informative way.People can then decide whether they really want to buy these products by watching your reviews.Reviewers make money from ads and sponsored posts. The key to success as a reviewer is identifying a niche and sticking to it.For instance, if you like cell phones, be the go-to reviewer that people come to when they want to check out the latest iPhone. If your niche is gaming consoles, stick to that.Once your brand is secure, manufacturers and brands will start seeking you out and asking you to review their products.At this point, you will have enough leverage to negotiate lucrative compensation.WRAPPING UPAs you have seen, there is no shortage of opportunities.If you have something you enjoy doing, all you need to do is find a way to turn it into a business and start making crazy amounts of money doing something you love.However, it is good to note that once you turn your hobby into a business, you won’t be doing it for leisure any more.There will be client orders to meet, marketing, financial goals, and so on, and these will require lots of hard work if you want it to grow into a successful business.

Leadership Styles And The Entrepreneurial Spirit Created...

Leadership style is a leader’s style to guide in a specific direction, plan and motivation to whole team. There are different influences on the entrepreneurial spirit created by different leadership styles (Darling Leffel, 2010). For this reason, an effective leader should choses a suitable leadership style to lead the team. There are four different kind of leadership style according to Darling and Leffel, analyzer, director, creator and connector. Analyzer-type leaders always do a great deal of research before they take any action, and they take precise, logical and systematic approaches to lead their team. Director styles tend to be goal-oriented, they are independent, confident, terse in expression and willing to take risks. Creator leadership styles tend to take approaches that are fresh, new and innovative, they are creative and grand designs. This kind of leadership style always can be a strong power to motivate and inspire team members with the vision of the future. The last one is Connector leadership styles, they are sensitive and always get along well with others, and connector type is the style that is the most sympathetic and understanding. Good leaders should take different styles to influence, to provide a direction and opinion to their group. It is different with managers. Managers have responsibility for the team to conduct, to achieve and to bring about. As Darling and Leffel(2010)expressed† activities of controlling resources, and mastering procedures andShow MoreRelatedEntrepreneurial Spirit950 Words   |  4 PagesThe three pillars of GCUs College of Business are Entrepreneurial Spirit, Innovation and Servant Leadership. These are three key characteristics that are critical in building a strong foundation for students to succeed in their professional growth and in business. This paper reviews each of these pillars and how they apply personally to my work environment and career development. 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American Express Company was an appropriateRead MoreBusiness1501 Words   |  7 Pagesadvanced technology, services and finance company dedicated to innovation in energy, health, transportation and infrastructure. GE operates in more than 100 countries.  GE has had a few major keys to its success over the years, most notably its management style, massive size, ability to constantly adapt, and major acquisitions over the years. Throughout the 20th century, they have not only been one of the world’s biggest industrial corporations, but also a â€Å"model of management.† GE’s history with acquisitions

Economic Growth And Its Effect On Society - 1737 Words

For most of human history, life remained pretty much the same. The conditions of living were almost completely stagnant, and there was no such thing as economic growth to the general public. This all changed when two different events occurred that greatly impacted the course of history. The first of these being the British industrial revolution in 1750, and then the more prominent American industrial revolution in 1870. Acting like a catalyst, these two events created a boom of economic growth unlike anything the world had ever seen. As certain nations have continued to expand, an important question that arises is, is economic growth beneficial or harmful to society? Economic growth as defined as: â€Å"An increase in the amount of goods and services produced per head of the population over a period of time (The Oxford American College Dictionary)† is in no way a bad thing for society. 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Shower Gel Marketing Free Essays

Soap, Bath and Shower Products Issues in the Market The soap, bath and shower category straddles two worlds – at once it falls into the arena of must-have consumer goods, which consumers see as integral to their everyday wellbeing, while at the same time it has an opportunity to tap into a consumer desire for escapism and fantasy. Close to half of women who use bath additives, for instance, cite a long bath as their ultimate pampering treat. How many fast-moving consumer goods segments can claim to satisfy such lofty needs with such a low ticket price? The beauty industry often cites the resilience of the colour cosmetics category in times of crisis – otherwise known as the lipstick index. We will write a custom essay sample on Shower Gel Marketing or any similar topic only for you Order Now It is time for the beleaguered bath additives segment to do the same and position their products as a luxury indulgence at prices accessible to most. Q: How is the economic environment impacting sales of soap, bath and shower products? A: Value sales of SBS products grew in single digits between 2006 and 2011 (with the exception of 2010 when year-on-year growth was more or less flat). The category is buffered somewhat from he inclement economic climate because of the must-have nature of daily cleansing products. At the same time, consumers are clearly under pressure to keep a close eye on household budgets. A third of adults who use shower products are paying more attention to how much they spend on such items because of the economic situation and the same is true for four in ten bath product users and three in ten soap users. Looking ahead, Mintel forecasts the SBS category will grow by 11% between 2011 and 2016, while in real terms (excluding inflation) sales will slip very slight ly. Q: Which segments have most potential for growth? A: There is a clear divide between two promising segments – liquid soaps and shower gels – and two less buoyant ones – bar soaps and bath additives. Mintel expects liquid soap and shower gel sales to grow by 28% and 17%, respectively, between 2011 and 2016, whereas we expect bath additives to slump by 4% and bar soaps by 15% in the same timeframe. The differing performances come down to consumer preference. Adults are much more inclined to use shower gels and creams over bath additives, for instance, likely because showering is uch more convenient and is a quicker option for today’s time-poor consumer. In addition, half of soap, bath and shower product users have switched to taking showers rather than baths in an effort to save water. Meanwhile, liquid soaps have an edge over the more traditional bar format with 89% of women using liquid soaps compared to 77% who use bar soap. While they potentially offer a cost saving over liquid varieties, Brid Costello Senior UK Beauty Analyst bcostello@mintel. com Tel: +44 (0) 20 7606 4533 A self-confessed beauty junkie, Brid tracks the UK’s fast-moving beauty market. Before joining Mintel in 2010, she spent a decade as a beauty editor for fashion and beauty trade newspaper Women’s Wear Daily. Based in the Conde Nastowned title’s Paris office for five years before transferring to its London bureau, Brid acquired expertise across the beauty spectrum. Brid studied Journalism at Dublin City University (DCU). Â © 2012 Mintel Group Ltd. All rights reserved. Confidential to Mintel. Soap, Bath and Shower Products Issues in the Market bar soaps suffer from a somewhat old-fashioned image. With no sign of consumers’ habits changing in the hort term, there is unlikely to be any reversal of these sectors’ performance. A third of bath and shower product users buy whatever product is on special offer, while half stock up when their favourite brands are on special offer. Q: What are consumers’ primary concerns when it comes to buying soap, bath and shower products? A: While the basic premise of SBS products is to cleanse, such items now go above and beyond that call of duty. More than three quarters of adults who use shower products, for instance, want their gels and creams to moisturise or soften their skin, while just over half are looking or an invigorating or refreshing showering experience. When it comes to bath additives, pampering and relaxing are the key concerns for two thirds of bath product users. Women are particularly keen on luxurious soaks, with just over half considering a long bath to be their favourite pampering treat. Soap, meanwhile, has a much more pragmatic bent. Close to half of liquid and bar soap users say that cheap or good value products are their top priority, while suitability for the whole family comes second. Q: Which consumer demographics are most important to the category and how will opulation changes impact sales going forward? A: Changes in the UK’s population make-up will impact the SBS sectors to differing extents between 2011 and 2016. Shower product and liqu id soap sales will likely be buoyed, for instance, given that these sectors’ highest volume users – adults aged 25-34 – will grow in number by 872,000 in the period. Population changes are less favourable for bath additives and will do little to bolster the category, which is already in the doldrums (sales dipped by 2% in 2011). In general, however, the country’s population will increase y more than 3% (or 1. 7 million) between 2011 and 2016. Given the high penetration rates of soap and shower products, this is some good news for the category in general. Q: What influence do promotions have on the market? A: The SBS category is highly promotional with multi-purchase offers and discounts top priorities for consumers. For instance, a third of bath and shower product users buy whatever product is on special offer, while half stock up when their favourite brands are on special offer. It is little surprise then that the multiple-door grocery hains dominate the retail landscape and account for close to half of category retail sales. With large chains – such as Sainsbury’s, Tesco, Asda and Morrisons – frequently basing advertising on their commitment to low pricing and vying with each other to offer headline-grabbing discounts, it’s unlikely the situation will change anytime soon. This will continue to put pressure on the category vis-a-vis growing value sales as consumers have become accustomed to finding their preferred goods at preferential prices. Â © 2012 Mintel Group Ltd. All rights reserved. Confidential to Mintel. 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Diversity Management in Multinational Organizations

Question: Discuss about the Diversity Management in Multinational Organizations. Answer: Introduction: Simply defined, Workplace diversity refers to the variety of differences between people in an organization. This definition appears so simple; however, there are vats implications of diversity management at workplace. The concept of diversity management may sound simple, but diversity encompasses race, gender, ethnic group, age, personality, cognitive style, tenure, organizational function, education, background and more. Workplace diversity and diversity management is a vast field and this paper would focus on diversity management in multicultural environment (Lauring, 2013). The use of diversity management is pretty much more important for multinational organizations as they would have the people from different cultures and backgrounds. Cultural diversity requires that people understand and respect the cultures and values of other cultures. Changing societal trends require that organizations respond responsibly, respectfully, and ethically to accommodate the new trends. According to research completed by (Resick, Hanges, Dickson, Mitchelson, 2006) there are some universal understandings of diversity management that makes it a little easier to implement in the global context. The universal concepts that they listed are freedom to employees, increase adaptability, effective communication and change management encouragement (Resick et al., 2006). The research concluded that these four concepts are global, but are valued at varying degrees across cultures so leaders need to ensure that they are aware of the cultural expectations throughout the decision-making process (Resick et al., 2006). There was a time when people used to believe that diversity management can be ignored as it is not linked with organizational performance and employee productivity. However, this view has changed and today organizations have realized that by allowing employees to be creative and include ideas and creations that they would be willing to pay for affords companies the ability to stay ahead (Alcazar Romero, 2013). Employees are more plugged in to the social network and have a better idea of what consumers want. The diversity management approach can be helpful in many ways. With this approach in place, Daft, (2015) explains that it combines both the organic and mechanic organizational structures together for multinational organizations. This is done by allowing freedom of information to flow in the organization as seen in organic organizations, but still implement an order of hierarchy as seen in mechanic organizational structure. Groschl, (2011) shares the example of Toyota that has mastered the art of diversity management. They allowed young staff members the freedom to review old technology and discover how new technology could advance the organization but they still reported up to a senior member in the organization. The diversity management approach worked being that it allowed the change to not hold back but to conduct work in manner that was once not used in the organization and at one time could have been seen to break the rules. By allowing this, Toyota could remain competitive in t he market and adapt to change by presenting better technology in vehicles. The focus on diversity management enabled Toyota to get the best talent from the market. With this approach, Toyota use the geocentric approach of recruitment and recruited the people across the globe irrespective of their cultural backgrounds (Benschop Holgersson, 2015). Sarkees, et al. (2010) shares that the diversity management approach is most helpful when needing change. This is so because when organization find themselves struggling in the market, the diversity management approach aids in avoiding pitfalls and reaching more functional levels. The diversity management approach is most helpful because it allows organizations to explore new opportunities and methods they can implement in the organization while maintaining in the current market (Sarkees, et al. 2010). Sarkees, et al. (2010) states that the diversity management approach has been successful in organizations implementing change by forming new and more effective marketing strategies and increasing the level of performance in the organization. According to Daft, Murphy, and Willmott (2010), organizations using a diversity management approach strive to create systems and management structures that support both the development and the implementation of innovative ideas. According to Karrer and Fleck (2015), a diversity management approach is necessary to balance the inherent conflict between an organizations creative arm and organizational divisions responsible for maintaining current organizational processes. It would be correct to say that leaders also have an important role to play to establish and to create a culture of diversity management. Tarody, (2016) suggest the concern of making a definite choice is a challenge between the exploration of trade off and exploring another create dependencies where leadership is distracted in the decision-making and leads to inappropriate adaptations when explicit choices have to be made. Moreover, Tarody, (2016) suggest contradictions in the subfields of diversity management; structu ral and contextual ambidexterity is not a simple case of exportation-exploitation due to the difference in leadership competencies systems, processes, cultures, incentives need to be created, maintained, held together and internally aligned with the strategic intent articulated at the structural level. From my experiences, when all of those are not in place, it can create the misalignment of the strategy intent even though each is acting independently to create the coordination requisite mechanism of leadership. Research by OReilly and Tushman (2013) suggests that use of organizational ambidexterity places organizations in a position to explore and exploit (p.324) the elements of both mature and new technologies in the marketplace. A diversity management approach can be beneficial in a situation such as Dell, Inc. and their attempt to revitalize their company (Daft, 2015). With the recurring reference that the type of organizational structure used is dependent on the life cycle stage the organization is operating in (Quinn Cameron, 1983), the use of ambidextrous approach is beneficial at some points and not feasible at others. In the transformation Dell is taking with their new areas of development, using a diversity management approach enables the company to seize the new opportunities as they reorganize, and exploit the resources the company has developed over the term of its growth (OReilly Tushman, 2013). The challenge is discovering the proper way to leverage the resources without inf ringing on the autonomy of the new departments. In this scenario, another approach would probably not be beneficial. Dell has found that bureaucracy lends to mechanistic operations, which leads to declines in market share and innovation (Kersten, 2000). If an organization were in the early stages of its life cycle, the ambidextrous approach would not be one that fits. The organization would not have the resources available to exploit within their own group. It would be correct to say that diversity management should be used wisely within the organizations. The management should be careful while developing and implementing the diversity management policies. It is important that the people from any cultural background should not get offended with any of the policies (Janssens Zanoni, 2014). It is suggested that the management should take a step-wise or a gradual approach to implement the diversity management strategies. This approach is definitely one that fits in organizations who have longevity and the experience from which new departments can glean information. The previous review of Dell, Inc. is another example of an organization that would benefit from a diversity management approach. In fact, it would be correct to say that any organizations that has a global presence and that has the employees from various cultural and diverse backgrounds would be benefited with the approach of diversity management. Making a diversity management approach can be helpful when changing organizational structure because this approach provides a different perspective to how an organization grows. There are a series of events which follow when making a structural change. For starters, is it important that they follow a series of events that are specific to the desired change. (Jones, 2013) these changes can be difficult because they challenge existing power and authority relationships (Jones, 2013) this approach is most needed when an organization is stagnant in the growth when the COE or leader of the organization decides to stop leading or should people say thinking from the days of old then they will soon begin to think out of the box regarding the organizational structure and change. According to OReilly and Tushman (2004) for organizations to have effective diverse culture the organizations leadership and managers must operate with a diverse methodology even if team members do not contribute much to diversity. A diversity man agement approach creates a competitive advantage through revolutionary change and evolutionary change (Bleijenbergh Peters, 2010). Conversely, organizations which create a competitive advantage through adaptability and alignment are deemed highly diverse organizations. References Benschop, Y., Holgersson, C., Van den Brink, M., Wahl, A. (2015). Future challenges for practices of diversity management in organizations. Handbook for Diversity in Organizations, Oxford University Press, Oxford, 553-574. Bleijenbergh, I., Peters, P., Poutsma, E. (2010). Diversity management beyond the business case. Equality, diversity and inclusion: an international journal, 29(5), 413-421. Daft, R. L. (2015).Organization theory and design(12th ed.) Mason, OH: South-Western, Cengage Learning. Groschl, S. (2011). Diversity management strategies of global hotel groups: a corporate web site based exploration. International Journal of Contemporary Hospitality Management, 23(2), 224-240. Janssens, M., Zanoni, P. (2014). Alternative diversity management: Organizational practices fostering ethnic equality at work. Scandinavian Journal of Management, 30(3), 317-331. Jones, G. R. (2013).Organizational Theory, Design and Change(7th ed.). Upper Saddle River, NJ: Prentice Hall. Kersten, A. (2000). Diversity management: Dialogue, dialectics and diversion.Journal of Organizational Change Management,13(3), 235-248. Lauring, J. (2013). International diversity management: Global ideals and local responses.British Journal of Management,24(2), 211-224. Martn Alcazar, F., Miguel Romero Fernndez, P., Snchez Gardey, G. (2013). Workforce diversity in strategic human resource management models: A critical review of the literature and implications for future research. Cross Cultural Management: An International Journal, 20(1), 39-49. O'Reilly, C. I., Tushman, M. L. (2013). Organizational ambidexterity: Past, present, and future.The Academy Of Management Perspectives, 27(4), 324-338. Resick, C. J., Hanges, P. J., Dickson, M. W., Mitchelson, J. K. (2006). A cross-cultural examination of the endorsement of ethical leadership. Journal of Business Ethics, 63(4), 345. Sarkees, M., Hulland, J., Prescott, J. (2010). Ambidextrous organizations and firm performance: the role of marketing function implementation.Journal Of Strategic Marketing,18(2), 165-184. Tarody, D. (2016). Organizational ambidexterity as a new research paradigm in strategic management.Vezetstudomny / Budapest Management Review, 47(5) 39-52. Quinn, R. E., Cameron, K. (1983). Organizational life cycles and shifting criteria of effectiveness: Some preliminary evidence. Management Science 29(1), 33-52.