Sunday, February 23, 2020

Essay title Even young children can be involved in decision making in

Title Even young children can be involved in decision making in the family and in schools. Use the course materials to illustrate how children can be involved and also why involvement might be difficult - Essay Example Parents who are aware of these issues can begin to interact with their babies from the start. When a child is older, especially when they get to preschool or school age, it is important to begin the process of their decision making by allowing them to make decisions of what they want to wear or about a particular toy they want to use in their play. Another very important aspect of involving children into the decision making process is to help them form secure attachments when they are very young. Secure attachments make a child fell loved and help them to understand that they can talk about anything they need to talk about with a parent. Establishing this type of opportunity when children are young will give them another opportunity to find their place in the family. Decisions making for many things are easy for a parent to involve their child in, but when it comes to something like bedtime the child may not have much of a choice. According to the text book, there are many ways that a parent can work with a child who does not want to go to bed at a certain time. The challenge for parents is that sometimes they are working to get a child to conform to their wishes and the child has no reason to do so. A parent may decide that the child has several options for bedtime that are around the same time. They can then allow the child to pick one of those bedtimes and the child will think they have made their own choice. One of the challenges when a child does not conform or do what a parent says is that the parent may want to use corporal punishment (spanking) for the child. According to the text, this is never a good idea because children can bully other children with hitting, a child is taught to repress strong emotions, smacking can often make defian t or uncooperative behaviour worse and children can become angry and resentful which can change their attitude towards their family members (69). Instead of smacking, many parents use time outs for children and

Thursday, February 6, 2020

Economics of Business Strategy Case Study Example | Topics and Well Written Essays - 2500 words

Economics of Business Strategy - Case Study Example The managerial practices of the company are more products oriented so as to facilitate the customers, and provide them with different opportunities for making most out of their purchasing power. The company has also restricted itself from applying such policies where chances of bankruptcy are dominant, and have shifted towards consumer service. The management in particular operational management related to the decision making is widely practiced and encouraged by the company, the employees at the mediocre level, are involved with decision making, however such employees work within certain monetary limit. All this has made the company achieve laurels, 'We continued to strike what we believe is an appropriate balance between achieving our net income growth targets and investing in our future. In 2004, we delivered record earnings while increasing spending on marketing, promotion, rewards and card member services by 30 percent from a year ago. This increase came on top of a stepped-up l evel of investment spending in 2003' (Audit Repot 2004). American Express has incorporated different management strategies for optimization of their performance, and economic gain. The bank has implemented several different policies that minimized and reduced the indirect cost (goods and services other than raw materials, or "direct" expenses). The company's adopted policy has been to reduced and control expenses, such as office supplies, computer equipment, express delivery, and telecommunications. 'Our new survey and drafted policies shows that we as banking giant see the light at the end of the tunnel for an economic turnaround' (Anr Williams, senior vice president and general manager, U.S. Middle Market, American Express Corporate Services). The general manager further added that, 'At the same time, financial executives say that bank is challenged by rising expenses, and they're searching for new ways to control them - regardless of the economic climate'. The bank is involved in Expenses Management, and focused mainly upon corporate c ost-saving strategies. The company believed that cutting indirect costs and generating new revenue sources were equally important strategies in improving the financial health of their organization. The bank has encouraged and motivated their employees to participate enthusiastically towards compliance to those policies, the employees are urged to submit timely expense reports, desired employee adherence. 'Over the past several years, the institution have made strides in taking control of spending for travel, office supplies, computer equipment and other indirect expenses', (Anr Williams). 'But the push for profitability in these tough economic times has prodded the institution to expand their cost-control expertise and implement more effective solutions - such as new technology and innovative payment systems'. The web technology has emerged as an effective solution to cater for the surging expenses, the technology provided improved control and greater efficiency, and is being adopted by all the departments of the institution. The institution has adopted following practices for improving expenses management, and variety of strategies have been implied for streamlining the processes. The effective strategies are