Case Study †Problem Employee Free Essays

We often hear about the employers that don’t treat employees well; but you know, it sometimes works the other way as well. I had a call from a gentleman who was at his wits end as to what he could do with an employee that he has had on his payroll now for 5 years. This employee is running the entire show! He’s a bully and the employer is to the point that he is actually afraid of him – not in a physical sense – but in the sense that he’s afraid to stand up to him because – oh no – heaven forbid – he may quit! The employer has completely lost control of this fellow because he never had the courage to set any boundaries or expectations from the start and his leadership has been extremely inconsistent. We will write a custom essay sample on Case Study – Problem Employee or any similar topic only for you Order Now So, how did this happen, you may ask? The background: The business owner has a small restaurant. He and his wife and brother-in-law opened the restaurant about 7 years ago. The business started to grow and he brought in the employee in question to help them out. At first, the employee was really good and the owner gave him more and more responsibilities, to the point that he felt fairly comfortable in leaving him to open up on occasion and actually assist with the business decisions, etc. The business continued to grow and he hired a few more people, mostly part time, to work during lunch and dinner times. After a few more employees were hired, the original employee (we’ll call him Joe), started to exhibit some less than desirable behaviours by coming in late; opening the doors and then within 15 minutes, he would go out back to have a smoke break (virtually leaving the business open without anyone inside, which the owner found out by coming in a couple of mornings right after Joe and finding the place empty); talking on his cell phone right in front of customers (putting the customers on ignore while he chatted away on the phone); and when the owner tried to speak with him, Joe just held his hand up right in the owner’s face shutting him down. On occasion, when Joe decided he’d made enough tips for the night – he would just leave – an hour – sometimes two hours before his shift actually ended! To heck with the schedule†¦ he’d had enough†¦too bad†¦so sad. Oh – and he didn’t like the owner’s wife – so he told the owner to keep her out of the restaurant – and he did! It has now gotten to the point (according to the employer) that Joe comes and goes as he pleases and in fact, he has told the employer that he can’t do anything about it because he’d have to pay him to terminate him. The employer, unfortunately, does not know his rights in this case – and he has let it go on for so long now that he is getting treated this way by all of his employees. The example has been set! The saddest part of all is that the employee tells the employer what he will and will not do and the employer has no one else that can step into this fellow’s shoes because everyone else is part time and does not have the same level of restaurant business experience. At least, that’s what the owner believes at this time. So; how did we go about finding a solution to this problem when up to this point in time nothing was documented?Case Study – Problem Employee – Part 2 Published: November 1, 2010 The first thing we recommended to this employer was to take a good look at his current employees and consider which ones he could provide more training and development to so that if this problem employee did walk out; he could still manage his business. We also advised him that allowing others to develop their skills would not only increase his ability to provide a better quality business for his customers, it would also provide learning opportunities for his employees that would encourage them to stay. The next thing we did for this employer was to give him information around the basic employment standards act that he needed. He was allowing an employee to tell him what was required by law, and in fact; most of what he was being told was inaccurate. Ignorance is definitely not bliss for a business owner who employs others. We gave him â€Å"fact sheets† with the main areas that he should make himself familiar with so that it was easy to understand and didn’t have a lot of unfamiliar language to interpret. The next thing we recommended is that he considers doing is allowing us to develop an employee handbook and some basic policies that would help him in communicating to his employees moving forward. We recommended that he have a staff meeting prior to the construction of the handbook to allow the employees to have some input or suggestions. We offered to provide support at the staff meeting if he wished; but certainly this is something that he could do on his own as well. We offered to present the handbook to the employees with him so that we could respond to any questions and he didn’t have to feel concerned about how to respond (particularly because he believes the problem employee is going to challenge the implementation of a handbook and policies). We next suggested that he implement a performance management system that aligned with the handbook and policies and we will assist him through coaching sessions as to how he can manage the process. While this is a lot of work for him and it will not be an overnight solution; he has unfortunately allowed his employee to gain control of his business – and not in a good way. Due to the fact that he has not managed the whole relationship well and it has deteriorated to this stage, it will be a long process to repair the damage. The good thing is that he did seek help and he will learn how to retain employees through the provision of learning opportunities; he will have some ‘standards of operation and behavioural expectations’; and he will have a performance management system to ensure a more fair and just working environment. Last, but not least; we are also going to provide some ‘culture coaching’ sessions so he can develop a strong and healthy workplace that fits within his mission and values. As this project is not yet complete, we will report back on occasion to let you know how we move through the recommended processes. How to cite Case Study – Problem Employee, Free Case study samples

Case Study †Problem Employee Free Essays

We often hear about the employers that don’t treat employees well; but you know, it sometimes works the other way as well. I had a call from a gentleman who was at his wits end as to what he could do with an employee that he has had on his payroll now for 5 years. This employee is running the entire show! He’s a bully and the employer is to the point that he is actually afraid of him – not in a physical sense – but in the sense that he’s afraid to stand up to him because – oh no – heaven forbid – he may quit! The employer has completely lost control of this fellow because he never had the courage to set any boundaries or expectations from the start and his leadership has been extremely inconsistent. We will write a custom essay sample on Case Study – Problem Employee or any similar topic only for you Order Now So, how did this happen, you may ask? The background: The business owner has a small restaurant. He and his wife and brother-in-law opened the restaurant about 7 years ago. The business started to grow and he brought in the employee in question to help them out. At first, the employee was really good and the owner gave him more and more responsibilities, to the point that he felt fairly comfortable in leaving him to open up on occasion and actually assist with the business decisions, etc. The business continued to grow and he hired a few more people, mostly part time, to work during lunch and dinner times. After a few more employees were hired, the original employee (we’ll call him Joe), started to exhibit some less than desirable behaviours by coming in late; opening the doors and then within 15 minutes, he would go out back to have a smoke break (virtually leaving the business open without anyone inside, which the owner found out by coming in a couple of mornings right after Joe and finding the place empty); talking on his cell phone right in front of customers (putting the customers on ignore while he chatted away on the phone); and when the owner tried to speak with him, Joe just held his hand up right in the owner’s face shutting him down. On occasion, when Joe decided he’d made enough tips for the night – he would just leave – an hour – sometimes two hours before his shift actually ended! To heck with the schedule†¦ he’d had enough†¦too bad†¦so sad. Oh – and he didn’t like the owner’s wife – so he told the owner to keep her out of the restaurant – and he did! It has now gotten to the point (according to the employer) that Joe comes and goes as he pleases and in fact, he has told the employer that he can’t do anything about it because he’d have to pay him to terminate him. The employer, unfortunately, does not know his rights in this case – and he has let it go on for so long now that he is getting treated this way by all of his employees. The example has been set! The saddest part of all is that the employee tells the employer what he will and will not do and the employer has no one else that can step into this fellow’s shoes because everyone else is part time and does not have the same level of restaurant business experience. At least, that’s what the owner believes at this time. So; how did we go about finding a solution to this problem when up to this point in time nothing was documented?Case Study – Problem Employee – Part 2 Published: November 1, 2010 The first thing we recommended to this employer was to take a good look at his current employees and consider which ones he could provide more training and development to so that if this problem employee did walk out; he could still manage his business. We also advised him that allowing others to develop their skills would not only increase his ability to provide a better quality business for his customers, it would also provide learning opportunities for his employees that would encourage them to stay. The next thing we did for this employer was to give him information around the basic employment standards act that he needed. He was allowing an employee to tell him what was required by law, and in fact; most of what he was being told was inaccurate. Ignorance is definitely not bliss for a business owner who employs others. We gave him â€Å"fact sheets† with the main areas that he should make himself familiar with so that it was easy to understand and didn’t have a lot of unfamiliar language to interpret. The next thing we recommended is that he considers doing is allowing us to develop an employee handbook and some basic policies that would help him in communicating to his employees moving forward. We recommended that he have a staff meeting prior to the construction of the handbook to allow the employees to have some input or suggestions. We offered to provide support at the staff meeting if he wished; but certainly this is something that he could do on his own as well. We offered to present the handbook to the employees with him so that we could respond to any questions and he didn’t have to feel concerned about how to respond (particularly because he believes the problem employee is going to challenge the implementation of a handbook and policies). We next suggested that he implement a performance management system that aligned with the handbook and policies and we will assist him through coaching sessions as to how he can manage the process. While this is a lot of work for him and it will not be an overnight solution; he has unfortunately allowed his employee to gain control of his business – and not in a good way. Due to the fact that he has not managed the whole relationship well and it has deteriorated to this stage, it will be a long process to repair the damage. The good thing is that he did seek help and he will learn how to retain employees through the provision of learning opportunities; he will have some ‘standards of operation and behavioural expectations’; and he will have a performance management system to ensure a more fair and just working environment. Last, but not least; we are also going to provide some ‘culture coaching’ sessions so he can develop a strong and healthy workplace that fits within his mission and values. As this project is not yet complete, we will report back on occasion to let you know how we move through the recommended processes. How to cite Case Study – Problem Employee, Free Case study samples

Case Study of Mystic Monk Coffee Free Sample for Students

Question: Discuss about the Formulation and Implementation of Strategy in all Types and Size of Organizations within Private, Public, and Third Sectors. Answer: Introduction This report is based on analyzing the case study that is Mystic Monk Coffee. The company strength and weakness has been analyzed. The external environment is also been analyzed that is PESTLE. This report also examines the corporate and business level strategy of MMC. It also discusses the strategic change of the company through different leadership styles. This report also discusses SWOT analysis of Mystic monk coffee. It also discusses corporate level strategy of Mystic monk coffee. Report also explains structure and control system of MMC. The report also varies strategic change as well as evaluation of different leadership styles in order to manage the strategic change. It also evaluates the driving demand in the coffee industry. Overview of Coffee Industry Mystic monk coffee is a company that was developed by Father Daniel Mary in the year 2007 by the Carmelite order of monks in Clark, Wyoming. It was the humble beginning as the customers who are coffee drinkers are enjoying the coffee. It consists of delicious taste and because of its delicious taste, most of the customers become regular (Mystic Monk Coffee, 2017). Today, the Mystic Monk Coffee has become the delightful sip of the customers as 85% of the customers are repeated customers that orders for the coffee. The company relies on the word of mouth for producing coffee. For the customer positive reviews, the roasted monks are highlighted and rated by Kenneth David. Mystic Monk coffee is sold on the monasterys websites that are (www.mysticmonkcoffee.com). Its target market was the USA segment that is a catholic population who are the lovers of coffee. Its first year of operation in the USA is about $56,500 per month. Its revenue is about 30% and the shipping was about 19% of the r evenues as well as broker fees were 3% of revenues. Its profit margin averaged was 11% of the revenues. Identification of strengths and weaknesses of the company There is a various strength as well as the weakness of the company such as the company provides coffee at a reasonable price as it is sold for $7 to 10 dollars per 12 ounce package. Its average is $9.95 per 12 ounce bag as well as buying over $25 qualifies for free shipping. The other strength is that it has the differentiated brand that clearly defines the target market with no taxation policy. The companys employees have the same goal to further expanding the further business. On the other hand, there are various weaknesses that the company faces in the internal environment (Hitt, et al., 2012) It has the cloistered environment as well as limited labor hours and marketing. There are various customers who are unknown about the coffee but taste it because of the high quality as well as because of the good price. SWOT analysis of Mystic Monk Coffee Strengths: Mystic monk coffee has different strengths as it delivers coffee at a reasonable rate. Its average is $9.95 per 12-ounce bag and over $25 that is qualified for free shipping. It has the differentiated brand by the target market is clearly defined. Its employees also aim at expanding further the business in order to serve the coffee to more and more customers. It also attracts a large number of customers especially the coffee lovers. Weaknesses: It has a limited production and many of the customers are unknown about the coffee they taste it because of high quality and reasonable price. It also consists of limited hours of labor as well as capital and marketing (Rothaermel, 2015). Opportunities: It is expanding its coffee business into related markets as well as there is a decline in the world coffee prices. The company Mystic Monk has its unique approach towards coffee as it is marketing towards the Catholics US population. It has the opportunity as its price is in range in comparison with the other brands. Threats: There are various threats that are faced by the Mystic Monk Coffee as because of the background as well as meaning many of the Christians do not purchase it. The brands are established and there is variability in the price. PESTLE analysis There are various factors by, which coffee industry that is Mystic monk coffee can be affected that is political, economic, social, technological, legal and environmental and these are described as below: Political: The different kinds of political factors can affect the coffee industry that includes attitudes of the government. It also includes the relationships of the trade between the countries that are producing coffee that is to be exported. The manufacturer in the country has to look in the relationship of the trade of the other country. Economic: The economic factors also affect the coffee industry that also affects the spending power in the particular area. The chains of the multi-national as well as exchange rates are affected of the country UK as it also affects the pricing strategy (Keupp, et al., 2012). The sale is affected negatively to the other company. The corporation is affected by the exchange rates those countries import raw material. The import can become the expensive as when there is a higher exchange. Sociological: The coffee industry of the country UK can also be affected by the consumption of coffee in the country that is health. There is high caffeine in coffee that may lead a problem for the people such as sleep disorders, the problem of a migraine. It may cause to avoid people beverages that can have negative impact on the coffee. The attitude of the different cultures of the people of different countries affects the sales of the coffee. Technological: The coffee industry of the country is also affected by different techniques that is better which is more efficient that allows the countries coffees manufacturers to realize higher profit. The coffee machine development means that there is no limitation of expanding the coffee to the larger companies. The smaller companies also adopt the better brewing technique that increases the competition within the industry of the UK country. Legal: In the country UK, the coffee industry can also be affected by different laws as the import and export of the goods. If there is an export and import of the raw material of the coffee industry to another country then, it requires knowing about the laws regulating exports and imports. All types of industry are affected by the minimum wage laws in context of the bribery and corruption in the countries (Ho, 2014). Environmental: It also affects the country environmentally that includes earthquake, rain, drought, and poor harvest. The coffee industry is also affected by the weather and it increases the consumption of coffee in the winter and the sale is affected positively. Corporate Level Strategy of Mystic Monk Coffee The Mystic Monk Coffee adopts the Father Marys strategy that it purchases the 130 pound per hour roaster as a money maker. Its strategy is to target the catholic population of USA in order to make maximum profit. This strategy helps in increasing the production of coffee from 540 pounds per hour to 780 pounds per hour. At the 540 pounds per hour, its profit margin is 11% as increasing the 240 pounds as there should be an increase in the profit if there is an acceptance of 17 monks into the monastery (Mystic Monk Coffee, 2016). Mystic Monks Coffee Business Model is adopted by the company that is it begins with the customer value proposition. The companys approach is encompassed by the customer value proposition in order to fulfill the needs of the buyers of coffee. It provides the coffee to its customers at the reasonable price (Buller, and McEvoy, 2012). It offers different variety of flavors of coffee as well as high quality of Arabica organic coffee bean. On the purchase of three or more bags with the competitive prices, the customers get free shipping that attributes to the customer value proposition. MMC strategy can be called as the money maker it consists of niche target market. The Mystic Monks Coffee Business Model second element is the profit formula as the father Marys is planning to purchase $35000 roaster that would be helpful in increasing the production. Unfortunately, it cannot be called as the winning strategy as it was failed in the fit test of the strategy winner. But, the mystic coffee monk is considered as the well-matched product into the coffee industry. Hence, it is qualified as the winning strategy as the Mystic Monk Coffee provides the quality products that attract the customers to their brand. In the coffee market, the mystic monk limits itself (Jackson, Schuler, and Jiang, 2014). It has to boost the advertising of coffee ino the market. The loyal customers help the company to win the strategy in the external situation but there is a missing of opportunities. The competitive advantage of MMC Company is to provide a high quality of coffee at a reasonable price. It is easy to avail the coffee to the customers and the coffee is promoted by t he word of mouth. Business Strategy of Mystic Monk Coffee The Mystic Monk Coffee adopts differentiation strategy Differentiation strategy is the strategy that is making products and services different from that of the competitors. The differentiation strategy depends upon different factors such as customer base, the market as well as industry. The company who pursues the differentiation strategy can control the price of the products and services (Rosenbaum-Elliott et al., 2015). The differentiation of the product also helps in increasing the loyalty of the buyers towards the product. It is suitable for the place where there is no price for sensitive target segment. There is a risk of pursuing this differentiation strategy as competitors can attack. It produces unique coffee so as to attract the customers for the coffee. It also focuses on the quality of the product as well as the experience. It innovates different types of products so as to attract the customers in the various countries. Its aim is to provide customers with innovative tastes of the coffee. It organizes its company by meeting the customer needs (Drnevich, and Croson, 2013). It secures with the competitive advantage and produces the differentiated quality of the product as well as the services in the coffee industry. It is essential for the company to identify the strategic customers as there are various customers that have different requirements. It is important to fulfill the needs of the customers. Customer requirements and competition for identifying opportunities in competitive advantage MMC has the competitive advantage in order to identify the opportunities. The MMC produces the high-quality trade as well as organic Arabica beans with a different variety of flavors and blends. It sustainability is less as compare to other competitors in the industry due the coffees quality. It has the target market that is 69 million that helps in generating maximum profit. In order to compete in the market, it is essential to focus on building the strong loyalty among customers (Drakulevski, et al., 2016). It is essential for the companies to focus on the requirement of the customers in order to adopt the competitive advantage. Target audience should be focused who are the lover of coffee as the company MMC targets catholic population of USA. Corporate Social responsibility of MMC MMC social responsibility is based upon the three things that are community, ethical sourcing, and the environment. The community stores are developed for the local non-profit and it aims to locate the needs of communities in, which it is located. The ethical sourcing helps to discuss the way the MMC purchases its product. It helps in focusing on the positive changes for the working communities (Winn, et al., 2012). CSR can be called as the concept of management for the operations of the business. It helps in maintaining the balance between economic and environmental perspectives. Structure and control system of MMC Mystic monk coffee consists of four types of structure that are functional, geographical, and product-based and teams. The functional structure consists of group-based business functions. It includes Hr department, finance department, and marketing department. It is related to the hierarchy of the organizational structure. A geographic decision includes the senior vice president of mystic monk coffee. Through this, MMC managers report to the superiors that are the geographical head and functional head. Additionally, product based divisions as it is used by MMC in its organizational structure (Priem, et al., 2012). By this division product line is addressed by the company. The other structure is a team that is used by different parts in MMC. The team helps in managing the goods and services to the customers. Evaluation of the influence driving demand in the Coffee industry There are various factors by, which the driving demand is influenced in the Business to business as well as business to consumer. It is explained below: Demographic Information This can be called as a driving demand, which is influenced by the coffee industry. It is tangible and it includes age, gender, income level as well as educational level, geographic location/size of the community (Haines, 2016). It is required for the businesses in order to expand the business. Substitutes Substitute products can be replaced by the other such as when the price is high of tea then the customer can prefer coffee. It will decrease the demand for tea and there will be an increase in demand for coffee as per the price of coffee is low (Cuganesan, Dunford, and Palmer, 2012). Climate change The climate change is also the driving demand that influences the business. The demand for coffee is according to the season as it is preferred more in the winter season (Molina-Azorin, 2012). Standard of living Most of the people prefer coffee as to maintain their standard of living in the high society. The people want to maintain their status in the society in, which they are living. Strategic change and evaluation of different leadership styles for managing strategic change There are various strategic change programs such as proper implementation of change plan and in, which the competitive position is noticed and the changes are evaluated according to the requirement. The other strategic change program is identifying the future for making advance changes in order to avoid barriers to changes. Furthermore, leadership styles are assessed for the strategic change in MMC (Mahoney, and Qian, 2013). There are different leadership styles that are being evaluated for the strategic change in the organization. It includes charismatic leadership style which has the three elements vision, empowerment, and inspiration (Killen, et al., 2012). Charismatic leaders can help in the strategic change as when the employees will be motivated by the employer for the work then, it will gain their interest. The charismatic leaders help in the improvement. The other leadership style is operational leaders that help the employees in improving their performance. It includes incentives as a reward those who perform good. Recommendations It can be recommended to the Mystic Monk Coffee that it should adopt the innovative products in order to expand its business. Mystic Monk Coffee should be relevant to its customers for growing its market. It should also introduce the needs of the price as well as tastes, lifestyles of the customers in the market. It should also expand its business by offering beverages for the customers other than the coffee (Chen, Delmas, and Lieberman, 2015). It should provide a high quality of coffee for the people for attracting the customers towards their company. It should follow the concept of loyalty to customers. The company should apply the gradual change for the customers purchasing power as well the habits. It should also improve its e-commerce strategy (Frynas, and Mellahi, 2015). The company should also add different value chains to its website in order to link with its stakeholders that are customers, management, employees, and suppliers. It should also adopt product diversification strategy in order to expand the business for long-term. It should also support local events in order to expand its business in the international markets. It can also be recommended to the company to maintain its price and provide the coffee to the customers at reasonable price. The company must promote its product by promoting by doing advertising on different social sites. It should have a competitive advantage in order to compete with different competitors in the market. It should consider changing its objectives in order to include the new and advanced equipment (Kapferer, 2012). It should also increase its capacity of producing the monk coffees roaster for producing up to 540 pounds. The production should also be expanded with time. It should also maintain its quality of the coffee so that more and more customers may be attracted and come to drink coffee. Moreover, it can also be recommended to the Mystic Monk Coffee to increase the production by purchasing the new coffee roaster as it produces in the large capacity. It would also help in increasing the demand in the future. The cost should be managed properly for improving the net profit margin (Galliers, and Leidner, 2014). The distribution and current price for the coffee bags are required to be re-evaluated. It should also expand its market as well its marketing strategy. It also requires to take advantage of the current target market of Catholics. For pricing competitively in the market, the company has to focus to be closer to reduce the waste and sales cost of cutting. The word of mouth should be used by the company to attract the customers. It should hold a competitive advantage among the competitors so that the coffee industry can compete in the market. The workers those who are working in the company should be motivated in order to have continuous improvement (Vogel, and Gttel, 2013). It should also monitor the development of the business in order to achieve the goals. It can also be recommended to the MMC for the marketing strategy that would help to focus outside Catholics current target market. Conclusion From the above discussion, it can be concluded that the MMC is the most successful company in the world. It has been analyzed from the above discussion that the company has adopted the differentiation strategy as it produces the unique products than the other competitor. The customers are attracted by its coffee as it provides the good quality coffee to the society. It can be recommended to the company to expand its business by producing the innovative and different flavors of coffee to the customers in order to attract them. References Buller, P.F. and McEvoy, G.M. (2012) Strategy, human resource managementt and performance: Sharpening line of sight. Human resource management review, 22(1), pp.43-56. Chen, C.M., Delmas, M.A. and Lieberman, M.B. (2015) Production frontier methodologies and efficiency as a performance measure in strategic management research. Strategic Management Journal, 36(1), pp.19-36. Cuganesan, S., Dunford, R. and Palmer, I. (2012) Strategic management accounting and strategy practices within a public sector agency. Management Accounting Research, 23(4), pp.245-260. Drakulevski, L. and Nakov, L. (2016) Strategic Approaches to Creating and Developing the Concept of Business Integrity. Strategic management, 21(2), pp.23-31. Drnevich, P.L. and Croson, D.C. (2013) Information technology and business-level strategy: Toward an integrated theoretical perspective. Mis Quarterly, 37(2), pp.483-509. Frynas, J.G. and Mellahi, K. (2015) Global strategic management. USA: Oxford University Press. Galliers, R.D. and Leidner, D.E. (2014) Strategic information management: challenges and strategies in managing information systems. UK: Routledge. Haines, S. (2016) The systems thinking approach to strategic planning and management. UK: CRC Press. Hitt, M.A., Ireland, R.D. and Hoskisson, R.E. (2012) Strategic management cases: competitiveness and globalization. USA: Cengage Learning. Ho, J.K.K. (2014) Formulation of a systemic PEST analysis for strategic analysis. European academic research, 2(5), pp.6478-6492. Jackson, S.E., Schuler, R.S. and Jiang, K. (2014) An aspirational framework for strategic human resource management. The Academy of Management Annals, 8(1), pp.1-56. Kapferer, J.N. (2012) The new strategic brand management: Advanced insights and strategic thinking. UK: Kogan page publishers. Keupp, M.M., Palmi, M. and Gassmann, O. (2012) The strategic management of innovation: A systematic review and paths for future research. International Journal of Management Reviews, 14(4), pp.367-390. Killen, C.P., Jugdev, K., Drouin, N. and Petit, Y. (2012) Advancing project and portfolio management research: Applying strategic management theories. International Journal of Project Management, 30(5), pp.525-538. Mahoney, J.T. and Qian, L. (2013) Market frictions as building blocks of an organizational economics approach to strategic management. Strategic Management Journal, 34(9), pp.1019-1041. Molina-Azorin, J.F. (2012) Mixed methods research in strategic management: Impact and applications. Organizational Research Methods, 15(1), pp.33-56. Mystic Monk Coffee (2016) Coffee [Online] Available at: https://www.mysticmonkcoffee.com/collections/coffee (Accessed: 29 March, 2017) Mystic Monk Coffee (2017) About us. [Online Available at: https://www.mysticmonkcoffee.com/pages/about-us (Accessed: 24 March, 2017) Priem, R.L., Li, S. and Carr, J.C. (2012) Insights and new directions from demand-side approaches to technology innovation, entrepreneurship, and strategic management research. Journal of management, 38(1), pp.346-374. Rosenbaum-Elliott, R., Elliott, R.H., Percy, L. and Pervan, S. (2015) Strategic brand management. USA: Oxford University Press. Rothaermel, F.T. (2015) Strategic management. NY: McGraw-Hill. Vogel, R. and Gttel, W.H. (2013) The dynamic capability view in strategic management: A bibliometric review. International Journal of Management Reviews, 15(4), pp.426-446. Winn, M., Pinkse, J. and Illge, L. (2012) Case Studies on Trade?Offs in Corporate Sustainability. Corporate Social Responsibility and Environmental

Statistics and Business Research Methods Housing Market

Question: Discuss about the Statistics and Business Research Methods for Housing Market. Answer: Introduction: The housing market in Australia is a strong source of money. There has been a great change in the housing market in Australia from the beginning of the 21st century. Dwelling values are higher in cities like Sydney, Melbourne while Perth, Darwin, Brisbane and Canberra has shown a downward trend in the dwelling values(Buys Miller, 2012). There are several factors that effect the dwelling values. The Reserve Bank interest rate, the Core logic mortgage index, increase in price of property market are some of them(Chhetri et al. ,2013). The objective of this assignment is to study how the housing market in Australia has changed over the few years and what factors are affecting this change. An outline idea about the data collection and the methods used for interpretation and analysis of the data are given in this assignment. Problem statement The problem statement of this research is to determine the change in values of housing market in Australia in the current year and to find out the major factors that are accountable for the change. Aim of the Research The aim of the research is to determine to what extent the dwelling values has been changed in Australia and what are the reasons behind this change. Research Objective The objective of the research is given below: To determine the change in the dwelling value. To determine the major factors (like interest rate of Reserve Bank, Property price of the country) that are the cause behind the change Research questions The study is concerned with answering the following research questions: 1.How much the dwelling value has changed in the recent period? 2.Are there any fluctuations in the values from season to season? 3.How have these values changed across different cities? 4.Are the change in values due to the change in factors like property price, interest rate of Reserve Bank, core logic Mortgage index, etc.? 5.What is the effect on the economy due to this change? Literature review: The interest rate of the Reserve Bank has been lowered. The Core Logic has reported that there is a delay in the housing prices, and the values of dwelling have also increased. Among the top eight Australian cities there has been a decrease in the dwelling values of four cities while four cities have seen a rising in the dwelling values (Muellbauer, 2012). Also, the number of days required to sell the dwelling has become longer as compared to the previous years. The average number o days required to sell dwelling in previous year was 42 days which has become 47 days in the current year. This average value is longest during the period of Christmas and New Year. The dwelling values have been increased in Melbourne by 7.5% and in Sydney by 9.1%. In Sydney, there has been a large number of stock available than the number of buyers. Adelaide and Perth, however, has seen a decrease in the values. Brisbane, Hobart, and Darwin has also seen an increase in the dwelling values. Adelaide and Hobart are the cities where the average number of days required to sell the property has been increased. Methodology: Data collection: The data collection in this problem is to be done by sampling procedure. The cluster sampling method can be used to collect data on dwelling prices of the houses. At first the different cities of the country can be divided into several clusters based on the financial condition. Then the data on dwelling prices can be collected from this cluster. This is a first-hand data or primary data(Yang et al.,2014). There are also some other data that has to be collected for determining the effect of other factors on the dwelling values. These other factors include interest rates of Reserve Bank, Core value mortgage index, property index, etc. The data on these variables can be collected from the sites of the Reserve Bank, official site of Core Logic, etc. These data are secondary data. Data Analysis: The collected data could be analyzed using various descriptive statistics methods. The data used in this case are mainly time series data. Time series analysis could be done to determine the effect of time on the dwelling prices(Box et al., 2015). The time series analysis includes: Trend analysis: To check whether there is any trend(increasing or decreasing) in the welling values. Seasonality: To see if there are any seasonal fluctuations in the values. Cyclical fluctuations: To determine whether there is any oscillatory movement in the time series. Irregularity: To see if there is any irregular movement in the data(Chatfield, 2016). Along with the time series analysis, a regression model has to be fit to see how the factors like interest rate of Reserve Bank, Core Logic index values affects the dwelling prices(Draper and Smith, 2014). The regression that would be used here would be linear regression analysis. The value of the regression coefficients has to be checked whether they are significant or not (Montgomery, Peck and Vining, 2015). A cluster analysis study can also be done to determine if the values of different cities can be grouped into some specific clusters (Anderberg, 2014). For example, the business capital cities of the country will fall in the same cluster as compared to other cities. Conclusion: In this assignment, the change in dwelling prices of the country and the factors affecting the change would be analyzed. A detailed idea about the collection of data, analysis of the data and interpretation of the data has been given. The effect on the Australian economy due to the change of the dwelling values has been analyzed in this data. Also the effect of change of the factors like Core logic index values, Interest rates has been analyzed in this data. This report would help the Australians to take a deeper look on the change in dwelling values. This would also help to increase the state of economy of the country. References: Anderberg, M. R. (2014).Cluster analysis for applications: probability and mathematical statistics: a series of monographs and textbooks(Vol. 19). Academic press. Box, G. E., Jenkins, G. M., Reinsel, G. C., Ljung, G. M. (2015).Time series analysis: forecasting and control. John Wiley Sons. Buys, L., Miller, E. (2012). Residential satisfaction in inner urban higher-density Brisbane, Australia: role of dwelling design, neighbourhood and neighbours.Journal of Environmental Planning and Management,55(3), 319-338. Chatfield, C. (2016).The analysis of time series: an introduction. CRC press. Chhetri, P., Han, J. H., Chandra, S., Corcoran, J. (2013). Mapping urban residential density patterns: Compact city model in Melbourne, Australia.City, Culture and Society,4(2), 77-85. Draper, N. R., Smith, H. (2014).Applied regression analysis. John Wiley Sons. Montgomery, D. C., Peck, E. A., Vining, G. G. (2015).Introduction to linear regression analysis. John Wiley Sons. Muellbauer, J. (2012, September). When is a housing market overheated enough to threaten stability?. InProperty Markets and Financial Stability, RBA Annual Conference Volume. Reserve Bank of Australia. Yang, S., Chen, K., Chen, X., Shi, J., Li, W., Du, Q., ... Gao, G. (2014, March). Reliability and validity evaluation based on Monte Carlo simulations by computer in three-stage cluster sampling on multinomial sensitive question survey. InAdvanced Engineering and Technology: Proceedings of the 2014 Annual Congress on Advanced Engineering and Technology (CAET 2014), Hong Kong, 19-20 April 2014(p. 271). CRC Press.

Essay Writing Help - Step By Step Tips To Help You Learn English

Essay Writing Help - Step By Step Tips To Help You Learn EnglishAn IBT English language and literature paper are required for admission in an undergraduate or a graduate degree program, according to the level of the degree. Students belonging to any academic level can take up such kind of courses. It has become necessary for all students to learn and master the language for better communication and for seeking admission in higher levels of academic examinations.Many students are clueless as to what they should do to prepare their IBT English language and literature paper. You can choose from a variety of methods. You can read or listen to various books on the subject. This will be good for your motivation but you need to look out for the error-free versions which are recommended by the authors. You can also go for Internet where you can read about the subject and study the various languages.Once you have completed this process, you can start the writing of the IBT English language an d literature sample essay. It is better to concentrate on getting the final result right before submitting the paper.The basic idea of the IBT English language and literature course is to teach the students to use English as a medium of communication among people. Through the essays, you will be able to test your learning in English language. These essays should be written with perfect usage of the vocabulary.The difficulty of the English language is not limited to academics and people. You need to cope with both words and grammar in the essays. This will help you in controlling the errors which are found in the writing of many other essays which are used for admission purposes.There are many online resources that you can use to get information about the entire process of essay writing in English. The information available on the Internet provides you with guidance on different aspects of the writing of IBT Englishlanguage and literature paper.In case you have an idea of what essay to write, then these online resources can guide you well on how to plan the syllabus, which words to use and how to structure your essay to be able to stand the test of an examination committee. You will find it easier to complete this essay when you have all the information at hand. This can be found in the form of worksheets, syllabi, as well as test banks that you can download to help you out in writing the essay.

Work Life Balance

The ability of a person to maintain the healthy work-life balance is critical for his performance and commitment to the goals set by leaders. Therefore, managers should enable workers to attain this goal (Bogenschneider, 2014). The key issue is that non-profit organizations usually provide more support to employees.Advertising We will write a custom essay sample on Work Life Balance specifically for you for only $16.05 $11/page Learn More It is important to understand why they act in this way. Overall, it is consider a wide set of factors such as inability to compete in terms of salaries, regulations, unionizations of workforce, and changes in the labor market. The analysis of these issues can be useful for understanding the methods for retaining the most skilled professionals. At first, it is important to mention that non-profit organizations are not able to compete with various enterprises in terms of salaries that they can offer to workers. Therefore, they need to attract potential candidates by offering some non-monetary rewards (Valcik Benavides, 2011, p. 184). It is also necessary to mention that many modern employees value the work-family balance and they often regard non-profit organizations as potential employers. This is one of the trends that should be taken into account. One should also note the emphasis on work-life became one of the main trends in the late seventies, at the time, when the rate of employment among women increased significantly (Rajadhyaksha, 2012). Nevertheless, during the later decades, many organizations tried to help male employees maintain the work-life balance. These are the main details that one should take into account.  It is also important to study the critical differences between profit and non-profit businesses. For example, non-profit organizations do not often have to meet stringent deadlines that often prompt people to work overtime. This is one of the details that should be taken into consideration. Under such circumstances, employees should be compensated for their efforts, but non-profit organizations are not able to offer this reward. Apart from that, one should bear in mind that non-profit organizations are often operated by the government. For instance, one can speak about schools or medical institutions. The employees of these institutions are more likely to be unionized, and employers have to consider the increased bargaining power of workers. Thus, the influence of legislative and social factors should not be disregarded.Advertising Looking for essay on public administration? Let's see if we can help you! Get your first paper with 15% OFF Learn More Nevertheless, it is critical to remember that the policies of non-profit organizations can be explained by dramatic changes in the labor market trends, especially unwillingness of people to work in certain economic sectors. In particular, one can mention the shortage of nurses in many hospitals. As a result, the work of these medical institutions can be impaired. This is why these organizations try to eliminate or reduce administrative stressors. Additionally, they want to focus on the work-life balance in order to retain nurses (Teo, Yeung, Chang, 2011). Apart from that, this approach can be useful for reducing the employee turnover, which is one of the problems affecting public hospitals (Teo et al., 2011). These are the main points that can be made. On the whole, this discussion shows that non-profit organizations attach importance to the work-life balance because they want to recruit and retain the most skilled professionals. This strategy can be useful for reducing the turnover of employees who may be dissatisfied with their jobs due to some reasons. In the long term, this approach can be vital for strengthening their commitment. Additionally, these institutions have to find ways of competing with businesses that usually offer better salaries. These are the main elem ents that can be distinguished. Reference List Bogenschneider, K. (2014). Family Policy Matters: How Policymaking Affects  Families and What Professionals Can Do. New York, NY: Routledge. Rajadhyaksha, U. (2012). Work-life balance in south east asia: The indian  experience. South Asian Journal of Global Business Research, 1(1), 108-127. Teo, S., Yeung, M., Chang, E. (2011). Administrative stressors and nursing job  outcomes in Australian public and non-profit health care organisations. Journal of Clinical Nursing, 21(200), 1443–1452.Advertising We will write a custom essay sample on Work Life Balance specifically for you for only $16.05 $11/page Learn More Valcik, N., Benavides, T. (2011). Practical Human Resources for Public Managers:  A Case Study Approach. New York, NY: CRC Press. This essay on Work Life Balance was written and submitted by user Thunderball to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

How to Make a Cloud Chamber

How to Make a Cloud Chamber Although you cannot see it, background radiation is all around us. Natural (and harmless) sources of radiation include cosmic rays, radioactive decay from elements in rocks, and even radioactive decay from elements in living organisms. A cloud chamber is a simple device that allows us to see the passage of ionizing radiation. In other words, it allows for indirect observation of radiation. The device is also known as a Wilson cloud chamber, in honor of its inventor, Scottish physicist Charles Thomson Rees Wilson. Discoveries made using a cloud chamber and a related device called a bubble chamber led to the 1932 discovery of the positron, the 1936 discovery of the muon, and the 1947 discovery of the kaon. How a Cloud Chamber Works There are different types of cloud chambers. The diffusion-type cloud chamber is the easiest to construct. Basically, the device consists of a sealed container that is made warm on the top and cold on the bottom. The cloud inside the container is made of alcohol vapor (e.g., methanol, isopropyl alcohol). The warm top part of the chamber vaporizes the alcohol. The vapor cools as it falls and condenses on the cold bottom. The volume between the top and bottom is a cloud of supersaturated vapor. When an energetic charged particle (the radiation) passes through the vapor, it leaves an ionization trail. The alcohol and water molecules in the vapor are polar, so they are attracted to ionized particles. Because the vapor is supersaturated, when the molecules move closer, they condense into misty droplets that fall toward the bottom of the container. The path of the trail can be traced back to the origin of the radiation source. Make a Homemade Cloud Chamber Only a few simple materials are needed to construct a cloud chamber: Clear glass or plastic container with lid99% Isopropyl alcoholDry iceInsulated container (e.g., a foam cooler)Absorbent materialBlack paperVery bright flashlightSmall bowl of warm water A good container might be a large empty peanut butter jar. Isopropyl alcohol is available at most pharmacies as rubbing alcohol. Make sure its 99% alcohol. Methanol also works for this project, but it is much more toxic. The absorbent material could be a sponge or piece of felt. An LED flashlight works well for this project, but you can also use the flashlight on your smartphone. Youll also want your phone handy to take pictures of the tracks in the cloud chamber. Start by stuffing a piece of sponge into the bottom of the jar. You want a snug fit so it wont fall when the jar is inverted later on. If necessary, a bit of clay or gum can help stick the sponge to the jar. Avoid tape or glue, since the alcohol may dissolve it.Cut the black paper to cover the inside of the lid. Black paper eliminates reflection and is slightly absorbent. If the paper doesnt stay in place when the lid is sealed, stick it to the lid using clay or gum. Set the paper-lined lid aside for now.Pour isopropyl alcohol into the jar so that the sponge is completely saturated, but there isnt excess liquid. The easiest way to do this is to add alcohol until there is liquid and then pour the excess out.Seal the lid of the jar.In a room that can be made completely dark (e.g., a closet or bathroom without windows), pour dry ice into a cooler. Turn the jar upside down and place it lid-down onto the dry ice. Give the jar about 10 minutes to chill.Set a small dish of warm water on top of the cloud chamber (onto the bottom of the jar). The warm water heats the alcohol to form a cloud of vapor. Finally, turn off all the lights. Shine a flashlight through the side of the cloud chamber. Youll see visible tracks in the cloud as ionizing radiation enters and leaves the jar. Safety Considerations Even though isopropyl alcohol is safer than methanol, its still toxic if you drink it and its highly flammable. Keep it away from a heat source or open flame.Dry ice is cold enough to cause frostbite on contact. It should be handled using gloves. Also, dont store dry ice in a sealed container, as pressure build-up as the solid sublimates into gas can cause an explosion. Things to Try If you have a radioactive source, place it near the cloud chamber and see the effect of the increased radiation. Some everyday materials are radioactive, such as brazil nuts, bananas, clay kitty litter, and vaseline glass.A cloud chamber offers an excellent opportunity to test methods of shielding against radiation. Place different materials between your radioactive source and the cloud chamber. Examples might include a baggie of water, a piece of paper, your hand, and a sheet of metal. Which is best at shielding against radiation?Try applying a magnetic field to the cloud chamber. Positive and negative charged particles will curve in opposite directions in response to the field. Cloud Chamber Versus Bubble Chamber A bubble chamber is another type of radiation detector based on the same principle as the cloud chamber. The difference is that bubble chambers used superheated liquid rather than supersaturated vapor. A bubble chamber is made by filling a cylinder with a liquid just above its boiling point. The most common liquid is liquid hydrogen. Usually, a magnetic field is applied to the chamber so that ionizing radiation travels in a spiral path according to its speed and charge-to-mass ratio. Bubble chambers may be larger than cloud chambers and can be used to track more energetic particles.