Tuesday, February 25, 2020

Communication and Problem Solving Research Paper

Communication and Problem Solving - Research Paper Example gh team satisfaction have resulted from creativity in conflict resolution by dedicated team members seeking to create a culture of mutual respect combined with effective communication. In the article by Ken Pierce (p.60), the conflict arose as a result of building tension between an office scheduler and one of the physicians regarding a perceived negligence on the part of the physician to adequately carry his workload of patients. Lack of effective communication between them led to a breakdown of working cooperation which eventually involved management. There are actually several components to this particular conflict. The staff scheduler has made assumptions regarding the physician, â€Å"since the weather is nice, Jones is taking off with a couple of colleagues to go sailing or play a round of golf. After all, he always sports a dark tan, comes to clinic late and leaves early.† She sounds resentful at feeling forced to assume an extra workload as the result of his choice not to see patients, â€Å"having cancelled clinic twice this month already†. She also has internal filters that judge his level of commitment to the team. She appears to be operating from a position of intolerance and micromanagement. The scheduler, feeling manipulated and disrespected on several levels, opts not to show him the professional courtesy of discussing the situation with him by involving management to resolve the issue. The physician appears to act from a position of insensitivity and disrespect. He is insensitive to the needs of his patients, the seemingly unnecessary workload for the scheduler, and disregards what is involved in rescheduling the patients more than one time in a month. He exhibits disrespect for her position in asking her to breach trust with the patients and lie to them about why he can’t see them, and, possibly disrespect for his fellow team members, as well as the business, in not honoring his commitment to see patients. This is evident in his

Friday, February 21, 2020

Building the Franchise of IHoP Assignment Example | Topics and Well Written Essays - 1500 words

Building the Franchise of IHoP - Assignment Example Following a step by step process can then be used to ensure that the culture is one which is conducive to the needs of the franchise. The first steps implemented with the project are to ensure that the requirements with IHOP are met with the different needs within the organization. Even though the franchise creates specific developments with the space, electricity, requirements for functioning and the overall organization, the need to implement this is the requirement of the main manager and owner. The strategy implemented at the beginning stages of the franchise is one which incorporates ensuring that all tools and machinery are placed correctly while making sure that the different structure works effectively for the franchise. The franchise system is one which has to be developed specifically to incorporate a set of communication and culture with the main layout which is used while incorporating different methods with the work in the franchise. From recent studies, (Chiou et al, 19: 2004), it is found that the use of a system is one which creates a higher level of satisfaction among employees and customers (Chiou et al, 19: 2004). The main concepts which are used for the safety, organization and different concepts for IHOP are only the beginning stages of the franchise. When all requirements are met, the owners of the franchise are required to build a system for a franchise culture. The first step to this is to work with new employees, including chefs, customer representatives, and waitresses about the rules and regulations which are a part of the main system. Training sessions and the implementation of different ways to communicate become a part of the building of the franchise.  

Saturday, February 8, 2020

International Bond and Currency Markets Essay Example | Topics and Well Written Essays - 2000 words

International Bond and Currency Markets - Essay Example In precise, it also helps in pre-determining the fluctuation of the currency appreciation or depreciation in respect to countries and influenced cross border trade prospects by a substantial extent. It is noteworthy that the volatility of exchange rate, in the short run and also in the long run depends on multiple factors such as the demand and supply prospects in the financial market. Arguably, forecasting in the long run and short run is considered as quite difficult, which can be explained with reference to the Theory of Speculation in the market and the collective belief of the investors about the future prospects (Andreou & Zombanakis, 2006). Based on these underpinnings about the importance of forecasting exchange rate fluctuations, this essay will aim at emphasising the challenges commonly witnessed by analysts when obtaining the intended forecasting results in the short run as well as in the long run performance of the exchange rate. Challenges in Forecasting Exchange Rate in Short Run Arguably, in the short run, the forecasting of exchange rate is nearly impossible. Forecasts, which are delivered by the macroeconomic factors, are generally less accurate than the results obtained through Random Walk theory application. In general, the Random Walk Theory presumes that market changes, in terms of stock-prices changes, are unpredictable. Even though in the long run forecasting, the theory has been considered by many financial investors and analysts, the short run implications of Random Walk theory remains under considerable scrutiny. It is in this context that no claims to substantiate a perfect Random Walk model in the short-run stock price fluctuation were firmly made. On the contrary, arguments centralised on the theory that forecasting stock-prices changes in the short run is challenging owing to the fact that in the short run, the volatility of the exchange rate is less but the speed of convergence based on Purchasing Power Parity (PPP) is slower than that recorded in the long run (Babazadeh & Farrokhnejad, 2012). Correspondingly, it has been argued that the level of exchange rate in the short run is not very predictable, but is also not entirely unpredictable, as the volatility of the currency and the correlation between them vary with time and hence, forecasting becomes challenging (Mitra, 2008). The current account balances, real income of the people, interest rates, the preferences of the consumers regarding the domestic or foreign products, are all signified as market fundamentals influence the stock-prices in the short run, as per the conceptual framework of PPP. As explained by Taylor & Taylor (2004: 135), â€Å"PPP is a disarmingly simple theory that holds that the nominal exchange rate between two currencies should be equal to the ratio of aggregate price levels between the two countries, so that a unit of currency of one country will have the same purchasing power in a foreign country†. Subsequently, it is the m onetary policies, the fiscal policies and the market speculations affect the forecasting decisions in the short run. These factors are important when considering the financial transfers with regards to the

Wednesday, February 5, 2020

Plastic materials Essay Example | Topics and Well Written Essays - 500 words

Plastic materials - Essay Example By using Autodesk Moldflow Insight software, the user is able to add packing filling and phases of the injection moulding process. This allows for a greater ability to forecast the melted plastic flow model at a higher manufacturing quality than usual. This ability will also allow engineers to help enhance gate locations, systems of balance runner, process assessment, and part defect correction with more preciseness. Mould manufacturers greatly benefit from the ability of the software to simulate effects of non-uniform mould temperatures, better assess adjusted valve-gate timing categorizations and the hot versus cold runner flow system associations. All of these can be achieved along with the spread simulation competencies of selective models. These can now go beyond ordinary thermoplastic injection moulding to state moulding procedures. Procedures which require gas aided co-injection, and injection compression. Another advantage of using Autodesk Moldflow Insight software is that it offers a constant monitoring of inventors, mould makers, and engineers whose work in a simulation set up and consequences allow the program to better understand the required performance of the moulded plastic material. The program comes to better understand and depict the alterations to geometry, material, mould designs, wall width, and circumstances that affect plastic manufacturability. This means that â€Å"what-if† situations in design problems. are most likely real problems that the software already knows how to handle when it comes to design confirmation.