Thursday, January 30, 2020

Reflective Statement Essay Example for Free

Reflective Statement Essay For this module, we are required to do an assignment with regards of SME company. The purpose of writing the report is to analyze the key internal issues the management is likely to face when strategizing their marketing formula. Besides, we are also required to provide a practical recommendation for the company. For this project, the class was divided into 3 groups and each group consists of 3 members. My group members are Miss Tai Geok Yeong and Miss Sharanya. Discussions among group members were held 4 times, on the 29th October, 2nd November, 4th November and 6th November, respectively. Besides of our normal eeting in college, the discussions also were held through the MSN chat and email. Each of our group members was allocated with task and although conflicts arise during the discussion, we still managed to solve the problem. In my opinion, conflict in a group is not necessarily bad and we use several of techniques in order to resolve conflicts like compromising and exercises work delegation. Throughout completing the task CareKoolTint Sdn Bhd, I have gained lots of new information about SME and the company. In order to get more facts about the company, we held an interview with one of their sales representatives on 2nd November 2009. From the 1 hour interview, we managed to gather the information needed for this project, which for example are, their current marketing strategies and the companys internal issues. One important lesson I learnt from the interview is that, even though small firms is not properly structured, it does not mean that SMEs do not engage in marketing. It is only that, they are doing marketing according to their own terms and not according to a theoretical framework. Other than interviewing the sales representatives, my group and I also did a research based from their websites and also by reading books. It is important so that e will have a broader view on the business environment and help us to write the task more accurately. In order to complete the task, I read Marketing and Entrepreneurship in SMEs, Principles of Marketing by Philip Kotler and Fundamentals of Management to have a better understanding about SME and its management as well as several websites related to the topic which for example SME Info Portal. This whole process, I believe has improved both my knowledge and skills. I learnt how to work with others as a team, it taught me how to compromise as I need to be open in accepting other people ideas or opinion and also in handling conflicts. In addition to that, basically, I am more knowledgeable on this topic. From the research, I discovered various type of SME in Malaysia which can classified under 3 category that are Primary Agriculture, Manufacturing (including Agro-Based) ; MRS, Services Sector (including CT) . Furthermore, I am also more aware on characteristics needed to be an entrepreneur, and one essential trait they must have is to be a risk taker. This is important as SME business environment is very uncertain and whenever they make a wrong decision, it may affect their business as a whole.

Wednesday, January 22, 2020

Romeo and Juliet - Act III, Scene V :: Shakespeare, Romeo and Juliet

Romeo and Juliet - Act III, Scene V Act III, Scene V of Romeo and Juliet is significant for it is the most pivotal scene of this tragic play. Although prior scenes present extreme circumstances, this scene reveals the results of past activities and begins a series of tragic misunderstandings and fatal reactions. Transformations occuring amongst characters and their relationships with one another and the tone of the play are revealed in this scene. Through language, Shakespeare presents these changes as well as foreshadowing the eventual tragedy Romeo and Juliet's death. From this point on in the play there are no more comedic or romantic scenes. The following scenes are of extreme actions, mishap and tragedy. The "star-crossed lovers" cannot escape their fate. One of the many transformations presented in this scene is that of Romeo and Juliet's love for one another. Romeo and Juliet's love makes the transition from infatuation to a deep and sincere love. In earlier scenes they used overly romantic language and metaphor, whereas, now they speak to one another of their love in a mature and tender way. They will do anything to be with one another, for their love surpasses any emotion for their familial or community ties. They are willing to make any sacrifice in order to have their desire for one another fulfilled. Both Romeo and Juliet enjoy each other's company on their first morning together following their marriage and they do not want to part. Juliet's first visible transformation to adulthood is revealed here. In Romeo's desire to be with Juliet, he is willing to risk capture, and most probably death, in being found within the Capulet walls. Romeo, although maturing in his feelings of love and intimacy is still young and reckless in his behavior. In contrast, upon rationalizing the circumstance of daylight and their being found, Juliet eventually pleads for Romeo to leave "O, now be gone! More light and light it grows." (III, v, 35) To which Romeo responds, "More light and light- more dark and dark our woes." (III, v, 36) The metaphors associated with light (i.e. the sun, the moon, the day) which previously protected their affair is now their enemy. Nature itself has turned upon them

Tuesday, January 14, 2020

Goodner Brother Inc Essay

1. Key internal control objectives of Goodner’s Huntington Sales Office: a. Controls should be able to prevent and detect fraud. Authorization should be required for every sales transaction. Woody would not be able to sell returned tires from customers and consignees for his own benefits if all sales transactions needed prior management’s approval. b. Controls should aim at safeguarding physical assets. Sales Office should ensure that only certain authorized personnel could get access to the warehouse and at any time security should be enforced to minimize inventory shortages and shrinkages c. Controls should ensure the completeness and accuracy of accounting records. Woody would charge merchandise that he sold for his benefit to the accounts of large volume customers. Or in other words, Woody has altered the nature of the transactions by inflating the number of tires the customers actually ordered. 2. Key internal control weaknesses that were evident in the Huntington unit’s operations a. Strong reliance on the honesty and integrity of the employees they hired. The company recruited its personnel basing off references and recommendations; however this practice could not make up for the lack of a strong internal control system. b. Insufficient personnel. Its crew of 10 to 12 people had to staff its 14 sales outlets. Many of Goodner’s personnel had to take on double positions such as Goodner’s secretary who worked as both the receptionist and the bookkeeper. c. Unrestricted access to the accounting system by the unit’s sales manager and two sales representatives. This gave Woody a good opportunity to commit fraud. d. Lack of security for its tire inventory, which typically ranged from $300,000 to $700,000 per each sales outlet. 3. Control policies or procedures to alleviate the control weaknesses identified in question 2: a. Authorization of transactions: Management approval should be required on all transactions. Otherwise, the tire purchase request should be made by one individual and got approved by a different one. b. Segregation of duties: The secretary should not act as both the secretary and the receptionist. Report on returned items should be generated by one individual and then another individual should receive and put the returned items back to stock.

Monday, January 6, 2020

Social Media And Its Impact On The Media - 4022 Words

Summary Today Social media is generally utilized. Many clients login to online networking destinations like Twitter to disperse breaking news and impart their insights and considerations. For organizations, LinkedIn is possibly valuable for observing people in general discernment and the social notoriety of organizations and items. In spite of incredible potential, how terrible news around an organization impacts general society slants in online networking has not been concentrated on inside and out. The motivation behind this contextual investigation is to survey individuals estimations in Twitter upon the spread of two sorts of data: corporate awful news and a CEO s statement of regret. We endeavored to see how estimations on corporate terrible news show in Twitter and whether any interpersonal organization highlight encourages its spread. We explored the Domino s Pizza emergency in 2009, where terrible news spread like flame in online networking took after by an official expression of re morse from the organization. There is the nitty gritty data of different responses of clients towards the awful news in online networking, for example, negative buy plan. Likewise regularly utilized as a part of corporate organizations, the scattering of awful news frequently implies an emergency, having a negative effect on brand notoriety, mouth notices, and even deals. These days, in any case, people in general anticipates that organizations will statement of regret inside of 24Show MoreRelatedMedia Impact On Social Media1220 Words   |  5 PagesMan Kala Limbu Sherry Sharifian GOVT 2305-71013 10/29/17 Social Media and its impact on social media Social media is an important part of our life because greater impact on people today than ever before. 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