Monday, October 21, 2019
The Divorce Effects
The Divorce Effects Introduction Divorce involves restructuring of the family where parents separate. When people get married, they get children in the union and who are under the care of both parents. Divorce causes emotional and psychological strain among the parents. The process of divorce is very involving and parents end up as opponents and seek to be independent (Roderick 6). Advertising We will write a custom research paper sample on The Divorce Effects specifically for you for only $16.05 $11/page Learn More After divorce the parents reside in different houses and have to settle with the other about the custody of children. In most cases the children remain in custody of the mother. Although some people believe that parents absorb the major effects of divorce, I believe that divorce has a big effect on children than parents. Discussion on how effects of divorce on children are more than effects on the parents Emotional effects According to Friedman (17), when parents di vorce the family members are affected. The children as well as the parents have to adjust to changes and may take up to two years to settle down. They often have emotions that are triggered by the divorce. In cases where children exposed and saw the parents engage in conflict, children find it more comfortable to live with a single parent and be not see the parents engage in quarrels. On the other hand, some parents keep their differences secret from the children. When they divorce, such children usually have a harder time to cope with the change than children who knew their parents differences. Therefore parents can live in a marriage for the sake of the children. Children encounter difficulty Children from divorced families portray differences from those who grow up in stable families. Divorce affects childrenââ¬â¢s social life because some have difficulties relating with other members of society when compared with the others. Roderick (pg 8), argues that some children from t he divorced families may learn skill of copping with difficulties and therefore may end with less problems than those from non divorced families.Advertising Looking for research paper on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More The recovery from divorce of the children is depended on the pace of the parent to pull through the difficult times. As Wilson (pg 10) argues, in cases where parents recover quickly, the children were able to cope with changes while those parents who took long to overcome challenges posed by divorce, their children continued manifesting problems like regression. Unprepared to deal with change Young children find it unbearable to deal with divorce of the parents because at their age they have not learnt how to muddle through changes and are thereby not fully ready to handle separation of one of the parents. Most often, boys have a harder time than girls when parents divorce. When they devel op problems, the divorced wife poorly manages the sonââ¬â¢s problems and may liken him with the father besides having her own problems. The problem may include the fact that they had a relationship with the father which is no longer present. Children are affected by the separation of parents. ONeill (Para 2) reveals that the father figure or the mother figure is important to children. They lose the connection and some support they got from the parent. Loss of one parent Children end up spending limited time with parents. The divorce makes the children live with one parent and may see the other parent at another time. This makes them fail to experience the love and care of the parent who is away. The parents may enter into other relationships where they have to spend some time with the new found partner. The child does not fully enjoy the company of both parents as the parents may be committed to other relationships. Failure in effective parenting Some parents change their style o f parenting after divorce as Hughes (Para11) mentions. They abandon some practices that would have benefited the child positively. For instance parents may fail to assist in home work since they relocated due to the divorce. The abandonment of the practices affects the child more than the parent because the child needs quality parenting which they are denied. Children are largely affected by the process of divorce where both parents are adverse enemies. They are affected more than the parent when the two parents extend the fights in court about who is to provide care for the children. The child changes in the way they handle situations and may become irritated easily. Advertising We will write a custom research paper sample on The Divorce Effects specifically for you for only $16.05 $11/page Learn More They may become criminals and at times attempt to take their life. They may also deliberately neglect authority and at time run away from their home. In some cases children feel insecure and uncertainty about their future. Children suffer when the parents involve them in the divorce cases. Because parents need someone to confide in, some parents end up discussing their problems with the child. The child gets hurt when they become awre of their parents antagonism towards each other. They get feeling of helplessness since they both parents are important to them. Roderick (Pg 14) supports the claim then process of divorce is traumatizing to the children. For this reason single parents living without divorce are viewed as healthier than families that are conflicting. Moreover, children love to live in a peaceful family rather than a family with violence. Economic effects Children have more problems than parents when affected by changes in economic support. Divorced parents may have economic challenges as suggested by most of the authors. Due to inadequate finances following divorce, the single mother of father may relocate and the children change the school they attend as a consequence (ONeill 16). Children lose relationships and friendships that are already and may be required have difficulties copping in the new environment. They may also change their lifestyle due to economic constrains. Psychological effects Children are psychologically affected by divorce. The memories of a good family, when the conflict began and became worse, the divorce process and later the experiences after the divorce remain in the child brain. Another experience that remains to distress children with divorced parents is the movement from one parentââ¬â¢s residence to the other. Such children suffer because they consider that if the situation would change they would have one home (Friedman 27)Advertising Looking for research paper on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Divorce is stressful and not pleasant. The parents may understand and be willing to go through some changes as a result of the divorce. Children suffer more than the parents because they are neither prepared nor do they understand why they should put up with some changes. The encounter is more unbearable when the parent marries again and divorces again. Change in organization of family Some divorces causes greater loses of relationship with extended family members as well as the organization of a family (Wilson pg 9). The child may lose conduct with the other parents kinsmen like lovely grandparents and only meet them less frequently. During annual parties like a birthday, the child may feel the loss of important members of the extended family and the absence of one parent. Recommendations Children are affected by divorce more than parents because it has negative impact on the childââ¬â¢s maturity. Considerations made when parents choose to divorce do not include the feelings and opinions of the children. Thus children are forced into separating without being involved. Tension increases when one parent influences the child to side with one parent. Friedman (Pg 15) notes that both parents should be committed to follow the progress of their child both in education and in social life. Additionally, parents can make efforts to see their children most often as the children need the figure and emotional support from both parents. Furthermore, parents can also consider staying in the marriage for the sake of the children. This is because children suffer even more than the parents for due to the divorce. Conclusion The effects of divorce cannot be under estimated because children are affected more than their parents. Based on the words of Wilson (pg 1) we can learn that children of divorced parents are affected by the loss of one parent, financial changes that cause change of lifestyle and relocation. They are affected emotionally and psychologically and may end u p with low self esteem and a feeling of helplessness. In addition, stress and memories concerning the divorce remain high among the children and hence they are affected more than the parents. Friedman, Debra. Towards a structure of indifference: the social origins of maternal Custody. New York: A. de Gruyter, c1994. ONeill, William. Divorce in the progressive era. New York, New Viewpoints, 1973 Roderick, Phillips. Putting asunder: a history of divorce in western society. Cambridge; New York: Cambridge University Press, 1988. Wilson, Mike. Divorce. Detroit: Greenhaven Press, c2009
Sunday, October 20, 2019
Whats a Good PSAT Score for 2017 Expert Analysis
What's a Good PSAT Score for 2017 Expert Analysis SAT / ACT Prep Online Guides and Tips If you plan on taking the PSAT in October 2017, then you wonââ¬â¢t have to wait too long for the results. Youââ¬â¢ll get your scores back mid-December, just before winter break. Your PSAT score report gives you a few different score types, including your total scores, section scores, and Selection Index. With all this data, how can you sort through the numbers to figure out what's a good PSAT score? This guide goes over the full scoring system of the PSAT so you'll know exactly what makes a good score. We'll start with a quick glossary explaining the various types of PSAT scores youââ¬â¢ll find on your score report inDecember. Types of PSAT Scores: A Glossary At first glance, your PSAT score reportcan be pretty intimidating. You'll be faced with your total score and section scores and subscores. All this information is meant to help you, but if you donââ¬â¢t understand what each type of score means, it'll be hard to figure out how well you performed on the PSAT. Your PSAT score report will contain six main kinds of data: scaled total scores, section scores, raw scores, subscores, Selection Index, and percentiles. Hereââ¬â¢s a quick rundown of what all of these terms mean: Scaled total score: Your total score on the PSAT, ranging between 320 and 1520. Half of your total score comes from Math and the other half comes from Evidence-based Reading and Writing (which is a combination of the Reading and Writing and Language sections). Scaled section scores: Two scores, one for Math and one for Evidence-based Reading and Writing. Both of these scores fall between 160 and 760. Section (test) scores: Three scores: one for Math, one for Reading, and one for Writing and Language. All section scores fall between 8 and 38. Subscores: Seven scores, each on a scale of 1 to 15. Subscores tell you how you did on certain types of questions, some of which appear across two or more sections of the PSAT. Youââ¬â¢ll get a subscore for questions that fallinto these seven categories: Command of Evidence, Words in Context, Expression of Ideas, Standard English Conventions, Heart of Algebra, Problem Solving and Data Analysis, and Passport to Advanced Math. Raw scores: Three scores, one for each PSAT section, representing the number of questions you got right. The ranges for raw scores vary by section. You can get a maximum raw score of 48 for Math, 47 for Reading, and 44 for Writing and Language. Selection Index: One score that ranges from 48 to 228. Your selection index is the sum of your three section scores between 8 and 38 multiplied by 2 ((section score + section score + section score) x2). The National Merit Scholarship Corporation (NMSC) uses Selection Index to award test takers Commended Student and Semifinalist status. Percentiles: Ranking of your performance compared to that of other test-takers. Percentiles tell you what percentage of other students you scored the same as or better than. If you score in the 80th percentile, then you scored the same as or better than 80% of other test-takers. There it is- all of the categories of data on your PSAT score report, explained. The next step is understanding which of these types of data matter most for you. Out of all six kinds of data, which are the most important? Which PSAT Scores Are Most Important? All of the PSAT score data is useful in different ways, but the most important numbers on your score report are your scaled total and section scores. As you saw above, you can score a maximum of 1520 on the PSAT overall, or a 760 each on Math and Evidence-Based Reading and Writing. While the Reading and Writing and Language sections are separate sections on the PSAT, your scores on these sections are combined into one scaled section score. As a result, your total PSAT score is half-Math and half Evidence-Based Reading and Writing. Another important piece of data for students competing for National Merit distinction is their Selection Index. The NMSC sets a different cutoff for students in each state that determines who becomes a Commended Student and Semifinalist. The top 1% of scorers in each state are named Semifinalists, which means they may be able to move on to become Finalists and win scholarship money. Finally, you can use your non-scaled section scores, raw scores, and subscores to get detailed insight into how you did on each section and question type on the PSAT. Understanding what kinds of questions you got wrong is especially helpfulwhen you go on to study for the SAT, as they show your strengths and weaknesses as a test-taker and where you need to improve the most. For instance, your scaled section scores might tell you that you're fine with most of the Math and struggle more with Evidence-Based Reading and Writing. However, if you look deeper by checking your raw scores and subscores, you might discover that what you really need to work on is the Writing and Language section, or, more specifically, ââ¬Å"Command of Evidenceâ⬠questions. Now that you have the tools to sort through your PSAT score report, letââ¬â¢s go back to our original, million-dollar question: what makes a good score on the PSAT? Read on to find out. What Makes a Good Score on the PSAT 2017? Before we can answer thequestion ââ¬Å"Whatââ¬â¢s a good score on the PSAT?â⬠, we need to define what we mean by a ââ¬Å"good score.â⬠Because everyone will have their own specific goals for the PSAT, what's good for one person may be just okay for another. To help us find some answers, letââ¬â¢s try defining good in a few different ways. First, we could define ââ¬Å"goodâ⬠as meaning that you scored better than 50% or more of other test-takers. Based on this definition, we can use percentiles to figure out what makes an above-average PSAT score. Second, we can define ââ¬Å"goodâ⬠PSAT scores as scores thatqualifyfor National Merit. Actually, qualifying for National Merit means that you got excellent, amazing, near-perfect PSAT scores. Weââ¬â¢ll discuss what you need to get in greater detail below. Finally, weââ¬â¢ll consider what kinds of SAT scores colleges are looking for. The PSAT is very similar to the SAT, so your score can help you figure out if youââ¬â¢re on track to get the scores you need for the colleges you want to apply to. Letââ¬â¢s start by considering PSAT percentiles. How do PSAT scores correspond to percentiles? How Do PSAT Scores Correspond to Percentiles? Full Chart PSAT percentiles give you a way to compare your scores to those of other test-takers. If your score is in the 75th percentile, then you scored the same as or better than 75% of other students. The remaining 25% scored better than you. The highest possible percentile on the PSAT is the 99th percentile. You donââ¬â¢t have to get a perfect PSAT score to land in the 99th percentile. We donââ¬â¢t yet have percentile data for the October 2017 administration of the PSAT, but we can get an idea of what to expect by looking at percentiles from the 2016 PSAT. Hereââ¬â¢s the full chart that shows how PSAT scaled section scores compare, usingpercentiles: PSAT Section Score Evidence-Based Reading and Writing Percentile Math Percentile 760 99+ 99+ 750 99+ 99+ 740 99+ 99+ 730 99+ 99 720 99+ 99 710 99+ 98 700 99+ 98 690 99 97 680 99 97 670 98 96 660 97 95 650 96 95 640 95 94 630 93 93 620 91 92 610 90 91 600 88 90 590 86 88 580 85 86 570 82 83 560 80 81 550 77 77 540 74 73 530 71 69 520 67 65 510 63 62 500 60 58 490 55 54 480 50 49 470 46 43 460 42 40 450 39 37 440 35 31 430 31 26 420 28 23 410 26 20 400 23 18 390 20 14 380 16 11 370 12 9 360 10 6 350 7 3 340 6 2 330 4 1 320 2 1 310 1 1- 300 1- 1- 290 1- 1- 280 1- 1- 270 1- 1- 260 1- 1- 250 1- 1- 240 1- 1- 230 1- 1- 220 1- 1- 210 1- 1- 200 1- 1- 190 1- 1- 180 1- 1- 170 1- 1- 160 1- 1- Via CollegeBoard.org As you can see, percentiles work slightly differently for Math and Evidence-based Reading and Writing, with Math being a little more competitive at most score levels. For instance, an Evidence-Based Reading and Writing score of 680 ranks in the 99th percentile, whereas youââ¬â¢d need a 720 to get into the 99th percentile for Math. This variation happens because more students get top scores in Math than they do in Evidence-Based Reading and Writing. Using this chart, letââ¬â¢s pick out what you have to score in each section to get a ââ¬Å"goodâ⬠PSAT score in a higher-than-average percentile. What Is a Good 2017 PSAT Score Based on Percentiles? If we define a good PSAT score as one that's higher than what most students achieve, we can use percentiles to figure out what exact score you'd need to rank higher than the majority of other test-takers. To rank in the 50th percentile, youââ¬â¢d need at least a 480 in Reading and Writing and a 490 in Math. What if you want to rank in the 70th, 80th, 90th, or even 99th percentile? Here are the section scores youââ¬â¢d need to score higher than the majority of other students. Percentile Reading and Writing Score Math Score Composite Score 70% 530 540 1070 80% 560 560 1120 90% 610 600 1210 99% 680 720 1400 Oddly enough, youââ¬â¢d have to score slightly higher in Evidence-Based Reading and Writing than in Math to make it into the 90th percentile. To make it into the 99th percentile, though, youââ¬â¢d have to score 40 points higher in Math than in Evidence-Based Reading and Writing. If youââ¬â¢re a strong test-taker aiming for National Merit, then a good PSAT score for you will be one that qualifies you for Commended Student or Semifinalist. Read on to learn what is a good PSAT score for National Merit distinction. Whatââ¬â¢s a Good 2017 PSAT Score for National Merit? The National Merit Scholarship Corporation distinguishes students who get top scores on the PSAT. Students who score in the top three to four percent are named Commended Students, and students who get top one-percent PSAT scores are named Semifinalists. However, instead of relying on PSAT percentiles, NMSC uses itsSelection Index to determine which students qualify for which honor. Each state has its own Selection Index cutoff that students need to make to qualify for National Merit. Before we look at all of these cutoffs, let's review how your Selection Index score is calculated so you understand where it comes from. Qualifying for National Merit Commended Student or Semifinalist is a feat worthy of celebration (and being put on your college applications) How Is the Selection Index Calculated? You can easily calculate your Selection Index score once you know your 8-38 scale section, or test, scores. Simply add your section scores for Reading, Writing and Language, and Math together, and then multiply the entire sum by 2 to get your Selection Index Score. Letââ¬â¢s say you got a 25 in Reading, a 37 in Writing and Language, and a 38 in Math. Hereââ¬â¢s how you would figure out your Selection Index. Section Score Sum x 2 Selection Index Score Reading 29 (29 + 37 + 38) x 2 = 208 Writing and Language 37 Math 38 Once you add together and double your section scores, you get a Selection Index of 208. Does this score qualify for National Merit Semifinalist? That all depends on where you live. Keep reading for the full chart that shows the qualifying cutoff scores for National Merit in each state. Qualifying PSAT Scores for National Merit, State by State We've created a chart that shows the Selection Index score you need to qualify for Semifinalist in everystate. While the National Merit Scholarship Corporation doesn't release a full list of cutoffs, it will tell interested individuals what scores they need for their own state. Because of this, the data in the chart below was crowdsourced from individuals across the country If you think any cutoffs are in error, let us know in the comments! You can also verify your own state's Selection Index cutoff by calling NMSC at (847) 866-5100. Hereââ¬â¢s the full list of state cutoffs to qualify for National Merit Semifinalist. State PSAT Cutoff for National Merit Semifinalist Alabama 215 Alaska 213 Arizona 219 Arkansas 213 California 221 Colorado 218 Connecticut 220 Delaware 218 DC 222 Florida 217 Georgia 219 Hawaii 217 Idaho 214 Illinois 219 Indiana 217 Iowa 215 Kansas 217 Kentucky 215 Louisiana 214 Maine 214 Maryland 221 Massachusetts 222 Michigan 216 Minnesota 219 Mississippi 212 Missouri 216 Montana 210 Nebraska 215 Nevada 214 New Hampshire 216 New Jersey 222 New Mexico 213 New York 219 North Carolina 218 North Dakota 209 Ohio 217 Oklahoma 213 Oregon 219 Pennsylvania 218 Rhode Island 217 South Carolina 215 South Dakota 209 Tennessee 218 Texas 220 Utah 215 Vermont 215 Virginia 221 Washington 220 West Virginia 209 Wisconsin 215 Wyoming 209 Average score 216 On average, students need a Selection Index score of 216. If you live in Washington, DC, Massachusetts, or New Jersey, then you need to meet the highest cutoff of 222. If you haven't taken the PSAT yet and are aiming for National Merit, I'd recommend aiming for a PSAT score that's at least two to five points higher than your state's cutoff on this list. The cutoffs can fluctuate a bit from year to year, depending on how students around the country do on the PSAT/NMSQT. Once youââ¬â¢ve found your stateââ¬â¢s cutoff, how can you figure out what scores you need to qualify for National Merit? Your National Merit Selection Index score cutoff depends on what state you live in. How to Calculate Your Target Scores for National Merit This section is for students that haven't taken the PSAT yet and are aiming for National Merit. You read above how to convert your PSAT section scores into the Selection Index. If you know what Selection Index youââ¬â¢re aiming for, all you need to do is work backwardto figure out your target section scores. Remember how you needed to add your section scores together and then double that sum to get your Selection Index? Working backward just means dividing your Selection Index by two and then further splitting that quotient into three. Letââ¬â¢s say you live in New Mexico. To qualify for National Merit, students who took the PSAT in 2015 needed a Selection Index of 213. To be on the safe side, you'll want to aim for around a 216 as your target score (just in case the cutoff fluctuates). Our first step, then, is to divide 216 by 2. 216 / 2 = 108. Now you know that your section scores in Reading, Writing and Language, and Math need to add up to 108. You can also figure out what section score you need for each section (Math, Reading, and Writing and Language) by dividing 108 by three. 108 / 3 = 36 However, not everyone is equally strong at math and reading and writing. You might be able to aim a little higher in Math and a little lower in Reading and Writing and Language, or vice versa. As long as your section scores still add up to 108, youââ¬â¢ll still get a Selection Index of 216 and potentially qualify for National Merit. Once you understand what total section scores you need, you can adjust your target scores among the three PSAT sections however you want. Set realistic goals for yourself based on your own math, reading, and writing skills. Of course, only a small group of students are aiming to become National Merit Semifinalist. Only 16,000 of the 1.6 million who take the PSAT will receive this distinction. Disappointed with your PSAT performance? Want to improve your PSAT score by 150 points? We have the industry's leading PSAT prep program. Built by Harvard grads and SAT full scorers, the program learns your strengths and weaknesses through advanced statistics, then customizes your prep program to you so you get the most effective prep possible. Check out our 5-day free trial today: A good PSAT score is also one that shows youââ¬â¢re on track to achieving your SAT goals and getting into college. Letââ¬â¢s consider our third and final piece of criteria, which defines a ââ¬Å"goodâ⬠PSAT score as one that helps you meet your college goals. What Is a Good PSAT Score for College? The PSAT is extremely similar to the SAT, and your performance on the PSAT can help predict your SAT score. Almost everyone improves when they take these tests more than once, sothe PSAT is a useful trial run. You'll likely score higher on the SAT than you would if you'd never taken the PSAT. You can use your PSAT score report to see your current scoring level and findout what skills you need to improve to hit your target SAT scores. To figure out your target SAT scores, you should do some college research. Find schools that youââ¬â¢re interested in, and look for the average SAT scores of accepted students. You can then use this information to set your own SAT score goals. Once you know what scores you need to get into your colleges of interest, you can use your PSAT score report to design a study plan. Use the data provided by section scores and subscores to pinpoint your strengths and weaknesses, then type yourself up a personalized SAT study plan that targets your weak areas. Depending on how many points youââ¬â¢re seeking to improve, you can roughly predict how much time you'll need to set aside to prep. Hereââ¬â¢s an estimate of how many hours you need to study to achieve variousscore improvements. 0-50 SAT composite point improvement: 10 hours 50-100 point improvement: 20 hours 100-200 point improvement: 40 hours 200-300 point improvement: 80 hours 300-500 point improvement: 150 hours+ If youââ¬â¢re already scoring close to your target SAT scores, then you can feel satisfied with your PSAT scores. If you fell short by a hundred points, then you need to kick your test prep into gear and devote several hours a week to getting ready for the SAT. If you have months to prepare, then you can definitely see a big improvement in your scores and skills as a test-taker. Your PSAT score report offers a useful starting point for your SAT prep. Whether or not you think you got a good score on the PSAT, you can still achieve a good score on the SAT with enough commitment. In closing, we'll go over the key points you need to remember about what makes a good score on the 2017 PSAT. edX Social Media/Flickr. What SAT score do you need to be a good candidate for your dream school? Your PSAT scores can help you achieve your dream. 2017 PSAT Scores: Key Takeaways If you take the PSAT in 2017, then you'll get your scores back mid-December. Your PSAT score report might look confusing at first glance, but now you understand what all of its scaled scores, section scores, and subscores mean. Any students aiming for National Merit will also want to check their Selection Index score to see if it's above past years' qualifying scores for their state. If you haven't taken the PSAT yet, you can use the cutoffs to set goals for your scores. Everyone has their own definition for what is aââ¬Å"goodâ⬠PSAT score. For example, you might think a good score is one that is higher than that of most other students. You can use percentiles to figure out what makes a good score on the PSAT. If youââ¬â¢re a high-achieving student who has spent time prepping for the PSAT, then a good score for you might mean receiving National Merit distinction. National Merit is extremely competitive and only goes to the top scorers across the country. Finally, scoring well on the PSAT can help shape your plans for taking the SAT and getting into college. You might have a certain PSAT score goal based on your eventual college applications. Even if you fall short of it, you'll then know you need to boost your SAT performance through studying. Taking the PSAT is a valuable experience that will help you get ready for the SAT.In the end, you should decide what makes a good score for you based on your personal goals and plans. Whatââ¬â¢s Next? If you get named a National Merit Semifinalist, what steps do you need to take to move on to become a Finalist and earn scholarship money? Find out with our complete guide on how to become a National Merit Finalist. What are the differences in content between the PSAT and SAT? Should you prep for both simultaneously? Learn more about the four key differences between the PSAT and SAT here. How many hours should you plan on prepping for the SAT? Figure out how far in advanceand for how long you should study for the SAT. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:
Saturday, October 19, 2019
Compensation Management Essay Example | Topics and Well Written Essays - 1500 words
Compensation Management - Essay Example resentation that was bestowed to them by me on the employment of the compensation system and the way it may advance the overall productivity of the corporate Compensation is the full of all rewards provided to the workers reciprocally for his or her services. The general functions of providing compensation are to draw in, retain, and inspire staff (Tropman, 2001). This includes: Indirect money compensation system that comprises a theme as well as all money rewards that arenââ¬â¢t enclosed in direct compensation and may be understood to create a part of the agreement between the leader and worker like benefits, leaves, retirement plans, education, and worker services I had projected to the corporate management to adopt the indirect money compensation system in enhancing their productivity of the company. The projected compensation system is meant to support the organizationââ¬â¢s business strategy and to adapt to the social, competitive, and regulative pressures within the atmosphere (Gibbon, 1978). The eventual purpose is to achieve and sustain competitive advantage. Completely different business ways translate into different compensation approaches. A compensation system is a scheme that is premeditated to establish quantity of pay given the many workers in an organization. A compensation system includes many diverse choice processes, guidelines, and rules for formative pay level and pay arrangement. Here are the different elements of an indirect compensation system. A vital element of each compensation and choice systems, job competency profiles outline in writing the responsibilities, needs, skills, functions, duties, location, atmosphere, conditions, and different aspects of jobs. Descriptions could also be developed for jobs separately or for entire job families (Daft, 2007). Job analysis techniques embody the utilization of interviews, questionnaires, and observation. Job analysis could be a system for comparison jobs for the aim of crucial acceptable
Friday, October 18, 2019
MGM Resorts International Case Study Example | Topics and Well Written Essays - 1750 words
MGM Resorts International - Case Study Example The purpose the case analysis is precisely to determine the best strategic alternative for MGM Resorts International, given the business and general environment in which it operates, and given an analysis of its strengths and weaknesses, the threats to its business, and the opportunities that are present in the market. The paper also presents a plan for implementation of the chosen strategic alternative arising out of the strategic analysis. The firm in focus is properly a holding entity for a number of assets operating in the hospitality industry (Google Finance, 2013; Bloomberg, 2013; MGM Resorts International, 2013). As a holding firm in the hospitality industry, the key business for MGM Resorts International is in the business of owning and operating resorts that are casinos. As such, it is in the business of offering within those casino resorts such services as retail, dining, entertainment, gaming, convention, hotel, and a number of corollary services and activities. Its presen ce is confined to two markets, the US domestic market, where it owns and operates 15 casino resorts throughout the United States, and the China Market, where MGM Macau has ownership of the casino resort known as MGM Macau resort and casino. The company has sole ownership and total control of operations for its US casino resorts, whose casino operations in particular are open the whole year round without pause and for 24 hours everyday, except for its operations at the Grand Victoria, which pause for work two hours out of 24 hours on a daily basis (Google Finance, 2013). Apart from the wholly owned resorts, MGM Resorts International also has 50 percent stakes in three other facilities, chief of them being CityCenter, where the company has half of total ownership stakes in the ARIA Resort and Casino, among other assets. Its MGM China Holdings control 51 percent of the MGM Macau Resort and Casino, apart from new planned developments for a Cotai resort and casino. Its expertise in the h ospitality segment has allowed the holding firm, moreover, to get involved in a vast array of management agreements as well as development agreements for various projects worldwide, involving all kinds of projects outside of casino development as well as projects in casino and resorts development (MGM Resorts International, 2013). Its key bases of operations in the US, meanwhile, are Michigan, Nevada, and Mississippi, with additional stakes in properties in Illinois and Nevada outside of its core interests. In China its base of operations is essentially Macau These properties coupled with consulting and management services make up the totality of its core business offerings to the world (Bloomberg, 2013). A look at its 10-year stock performance shows that MGM Resorts International shares have traded in a relatively narrow band since sharply dropping from its peaks of close to 100 dollars a share in 2007. Current stock prices of about 12.86 dollars a share are within the narrow band that it has been in since that time (Google Finance, 2013) Image Source: Google Finance, 2013 Meanwhile, shorter-term investor sentiments towards the stock shows that many hedge funds and other investors are cautiously long on the stock, and recent developments that indicate some long-term investors such as Kirk Kerkorian are upping their shares in the company by buying more shares are boosting sentiment. The
What is development Essay Example | Topics and Well Written Essays - 1750 words
What is development - Essay Example This is possible by empowering people through proper education, quality healthcare and training. Satisfaction of basic needs of the people is realized when people can access quality and adequate food, water, housing, clothing, justice and peace. Efficient infrastructure in education, agriculture, commerce, health, defense and transport sectors exhibit improving development. Other indicators of development are higher per capita income, political stability, quality healthcare, availability of clean, safe and adequate water as well as food. Progressive countries and societies aspire to achieve higher development status. Peet et al (2009 p.1) claimed that development is a conscious act and process of improving the life of everyone. Therefore, development covers all aspects in life that makes lives better. For example, development involves having healthy and sufficient food; safety in dwelling place; affordable goods and services; availability of employment opportunities; efficient and adequate utilities (Medicare, education, energy and transport) and being accorded respect and dignity as human being. Various actors pursue development in different spatial setting. For example, governments pursue development nationally while individuals pursue development around their environment such as the homes, villages or urban dwelling. Development is more concerned with the conditions and environment under which goods and services are produced and distributed as compared to economic growth. Economic activities and wealth generation processes give rise to economic environment. Development is also biased to socia l consequences of production and distribution of goods and services. Economic growth alone is not necessarily development especially when few powerful individuals control the growth process. This is because economic growth can concentrate wealth on the hands of the few and leave
Analyze the passage Essay Example | Topics and Well Written Essays - 250 words - 2
Analyze the passage - Essay Example If we regard our action first from the point of subjective inclination and then from the perspective of conformity to reason, we do not find a contradiction; we are led to realize the validity of the categorical imperative. The writer concludes that if duty has to be a practical and unconditional necessity of action and account for the legislative authority it can only be expressed in terms of categorical imperatives. If there is any such thing as an a priori notion of duty which is absolute, it must cover the willing and inclination of all human beings. They should conform to reason. Such duty is intrinsic and sublime and its validity gets diminished if it is dictated by subjective inclinations or natural dispositions. The reasons that the writer gives do support his point to a great extent. The writerââ¬â¢s views are important because everyone has certain duties and obligations in life. Our duties must conform to reason and we should not be liberal and compromising regarding our personal
Thursday, October 17, 2019
Case study Tetra Tech EC and risk management case
Tetra Tech EC and risk management - Case Study Example The Task initiation Procedure was quite instrumental in ensuring that this happens. The most important factor that makes Tetra Tech successful in risk management is prior planning. Implementation of Tip ensures that all the potential risks are identified and the cost and ways of mitigating these risks created. This goes together with the fact that the company would inform its clients of all the potential risks involved and created a room for negotiation if after digging up the conditions were not as anticipated. This ensures that the company is able to share the risk of unpredicted conditions with the clients and thus reducing its losses. This was unlike in the previous situations where the initial contract was bidding all the way even when the conditions were observed to be worse than anticipated. In the lesson learnt portion, it has been stated that it is not important to write lesson learnt in writing as it makes them as discoverable. I think this is a statement of failing to acknowledge mistakes and errors that may have been made. This is very dangerous as it may lead to a repetition of the same mistakes. Mistakes are supposed to build up ones experience that makes them more competent to deal with future obstacles. Don Rogers can manage the lesson learnt through making his subordinates understand the importance of using past experience in solving future problem. This would be through creating a record that shows past and present performance with an analysis of what made it succeed or fail. Recommendations on how the limitations should be mitigated should then be given. In cases where a project succeeded, the factors that led to this success should be identified and ways in which they can be made to work better be analyzed. This would lead to the creation of a list on what to do and what not to do when dealing with a certain situation. In my view, Don Roger had done a
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