Thursday, January 30, 2020

Lincoln Electric Essay Example for Free

Lincoln Electric Essay Lincoln Electric’s CEO Massaro was correct in his assessment that, markets in developing countries would grow faster and yield a higher return. This strategy was critical and in alignment with the organizations goal to reach 50% foreign sales revenue. As president of Lincoln Asia, Mike Gillespie faces a great challenge with his decision to enter the Indonesian market. If Mr. Gillespie does decide to enter Indonesia, he must also decide whether to do it alone or through a joint venture, and how to structure employee compensation. It looks like Gillespie conducted enough corporate anthropology research to identify viable consumer product needs that Lincoln Electric will be able to provide (stick consumables vs. automatic consumables segments). I understand that investing in Indonesia offers many benefits to the organization, mostly towards increased profit margins and market share of consumable products (for further information regarding the strategic planning for entering Indonesia see Exhibit 1). However, in my opinion, Gillespie does not have enough data to make an informed decision regarding this move. Fear of a rekindled Civil War, unstable inflation rates, and other activities in the country revealed both economic and political instability. Other issues to be considered include labor issues of Indonesia 1. I would recommend further market and cultural analysis to aid his decision-making. If Gillespie decides to enter Indonesia, it is my recommendation to enter with a partner. I support this recommendation because, through his own market analysis and consultation it was identified that due to the political structure a local partner with in-depth knowledge, and political connections would be essential for success. I understand that a joint venture will decrease Lincoln Electrics profit margins, but in my opinion, the joint venture will minimize investment risk, especially if a partner is able to provide capital towards the cost of building a facility. Gillespies choice in partners should be based off of a predefined set of criteria. These criteria should include current relations/contracts with Lincoln Electric, current market share, knowledge of local market and culture, political and business contacts. The partner should also have the ability to withstand any financial risk toward this investment. See table 2 for a breakdown of both potential partners and how they compare to the criteria. I would recommend a joint venture with both companies (Tira and SSHJ). The reason for this recommendation is due to the diverse benefits, which both companies can bring to the venture. However, I have concerns regarding the loyalty of either partner to the Lincoln Electric brand. If we apply the social exchange theory to this situation, one could speculate that when more than one partner is included in a business relationship, the loyalty of each business partner may decreases due to competition and fear of favoritism 2. It is Gillespies intention to implement a piecework compensation structure and I support this decision. It is also the intent of Lincoln Electric to exceed minimum wage requirements and prevailing rates. Gillespie has concerns regarding the ability for all employees to meet minimum wage using piecework compensation. It is my recommendation to set the minimum daily quota at the minimum wage rate. I would also implement an aggressive performance bonus paying out monthly vs. annual. I would highly recommend further cultural analysis with a focus on time perceptions and labor perceptions of the local culture. The compensation structure should be adjusted as time goes on and favorable trends in compensation are identified.

Wednesday, January 22, 2020

The Vanguard Group Essay -- essays research papers

The Vanguard Group Four C Analysis Company: The Vanguard Group, headquartered in Valley Forge, PA, is the nation’s second-largest mutual fund and a leading provider of company-sponsored retirement plan services. Vanguard serves come 18 million shareholders accounts and manages approximately $850 billion in US mutual fund asssets, including more than $260 billion in employer-sponsored retirement plans. Vanguard offers 130 funds to US investors and 40 additional funds in foreign markets. Vanguard’s corporate structure creates two major benefits for its shareholders:  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Tremendous cost savings  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Services with an unwavering client focus Admiral Shares were introduced by Vanguard in November 2000 to recognize and encourage the cost savings associated with large and long-tenured accounts by passing along these savings to these shareholders in the form of lower fund expense ratios. Vanguard is simplifying the eligibility criteria for Admiral Shares and lowering the account balance requirements, effective May 10, 2005. Under the new criteria, a Vanguard shareholder owning a regular or IRA account will qualify for Admiral Shares under the following circumstances:  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The fund account balance totals $100,000 or more. (Previously, a balance of $250,000 was required, or a $150,000 balance in a fund account established for at least three years.)  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The fund account balance totals $50,000 or more and the fund account has been established for at least ten years. (Registration for online account access on Vanguard.com ® is also required.) Competition:  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Fidelity  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  American Funds In August, Fidelity voluntarily capped expenses on its domestic equity index funds at 0.1 percent, undercutting fees on similar offerings from Vanguard. By making its index mutual funds the cheapest on the market, Fidelity has issued a challenge to Vanguard, and thrown up a significant hurdle for the indexing expert. And the change may well keep some assets under the Fidelity roof. The firm has added $2 billion in new index assets since its initial reduction in fees. However, Fidelity's $10,000 minimum may put off some new investors. Condition: With Wall Street entering an era of slower earnings growth, every penny o... ... market has also been rocked lately by several scandals involving improper mutual fund trading. Over the past year, a dozen mutual-fund companies have agreed to pay nearly $2 billion in fines. (not Vanguard) Fact Sheet Company name: The Vanguard Group Corporate headquarters: Valley Forge, Pennsylvania Founded: May 1, 1975 First fund: Wellington Fund (inception date: July 1, 1929) Offices: Valley Forge, Pennsylvania; Scottsdale, Arizona; Charlotte, North Carolina; Melbourne, Australia; Brussels, Belgium; Singapore; Tokyo, Japan Total assets: Approximately $850 billion in U.S. mutual funds (as of 05/31/2005) Number of funds: 130 domestic funds (including variable annuity portfolios); 35 additional funds in international markets Number of investors: 18 million institutional and individual shareholder accounts Chairman and CEO: John J. Brennan Number of employees (crew): More than 10,000 U.S.-based Largest fund: Vanguard ® 500 Index Fund—$104 billion (Admiralâ„ ¢ and Investor share classes, as of 5/31/2005) Aggregate expense ratio: 0.23% (expenses as a percentage of 2004 average complex net assets) Mailing address: P.O. Box 2600, Valley Forge, PA 19482 Website address: www.Vanguard.com

Tuesday, January 14, 2020

Positions During A Childbirth Health And Social Care Essay

BBC universe intelligence ( 2004 ) online article titled, â€Å" Actions urged over painful births † provinces that 40 % of adult females surveyed from the National Childbirth Trust are non encouraged to exchange to a more comfy up right place during childbearing. A representative from the NCT, Belinda Phipps, stresses in the article that presuming a posing, crouching or standing place reduces hurting, anxiousness, and extradural usage. This article besides remarks that placental blood flow is increased as is besides the infinite between pelvic castanetss while presuming an unsloped place ( 2004 ) . The following article from givingbirthnaturally.com, titled â€Å" Best Labor and Birth Positions † states that the grounds for taking a lithotomy place during labour has nil to make with comfort or effectivity for the female parent and foetus, but instead for the physician ‘s convenience ( 2007 ) . In add-on, a supine place may besides take to a excess intercessions, which include usage of forceps, vacuity and episiotomy. The writer besides points out that holding the adult female ‘s legs pulled back during forcing additions emphasis on the perineum and increases hazard of rupturing ( 2007 ) . In contrast, the 2010 article â€Å" Preparing for & A ; giving birth † from askamum.co.uk, gives ground to believe that being in a supine place is good. It argues that adult females may experience psychologically more comfy merely because they are more familiar with that place. It besides notes that a sitting place has its drawbacks because it puts greater force per unit area on the tail bone and limits its motion ( 2010 ) .Research ArticlesIn the quantitative survey by Adachi, Shimada and Usui ( 2003 ) , the hurting strength of labour experienced by female parents was evaluated utilizing supine and sitting places. A sample of 39 primiparous and 19 multiparous was used and back and abdominal hurting were measured utilizing a ocular parallel graduated table ( VAS ) . This survey was a nonexperimental retrospective chart reappraisal. The findings reported that there were lower hurting tonss in a sitting place compared to a supine place. The hurting tonss included uninterrupted lumbar and abdominal hurting during labour ; and besides during contractions. Using a 100 millimetre VAS graduated table ; a alteration greater than 13 millimetre in tonss would be more than sufficient for lessened alteration in patient badness ( Adachi, Shimada and Usui, 2003 ) . Although there were no important lessenings in abdominal hurting in either place ; there was a noticeable lessening affecting back hurting greater than 13 millimetres. Restrictions of the survey included that hurting badness was non measured in all phases and stages of labour. The hurting measurings were done for 15 minute intervals and were non administered on a regular basis. This survey besides involved a homogeneous sample in merely one clinic. The correlativity between hurting and parturition places besides is may be weak because it merely two places were used. The strength of this survey is that it used a VAS instrument. The VAS measurement instrument has been validated to reliably step both the quan titative degree of hurting and its badness with dependability. The quantitative survey conducted by Shorten and Donsante ( 2002 ) , examined birth places which influenced perineal cryings. Datas from 2981 vaginal births were analyzed utilizing a nonexperimental design and logical arrested development theoretical accounts. These theoretical accounts were used to categorise the dependent variables as perineal cryings, episiotomies and integral perineum. Each variable was coded as either a 0 ( non ) or 1 ( nowadays ) if a status was present. Findingss for the survey indicated that a correlativity did be between birth place and perineum result at the terminal of labour ( Shorten & A ; Donsante, 2002 ) . The side-lying sidelong place had the highest association with an addition for integral perineum. There was an 84 % opportunity of episiotomy when in the semi-recumbent place. One of the restrictions of the survey was that a randomized controlled test design was non used. An extra restriction was that immaterial variables such as perineum direction ( massage, oils, etc. ) were non recorded during the survey. However, the strength of this survey was the appraisal and designation of factors/variables such as age, birth-attendant, newborn weight, and length of 2nd phase on the chance of tear, episiotomy and integral perineum. The following quantitative survey conducted by Mayberry, Stange, Suplee, and Gennaro ( 2003 ) , studied if low-dose extradural usage affected fluctuations of unsloped places. A sample of 74 primiparous adult females was studied. The survey ‘s design was a nonexperimental descriptive survey with no control group. The findings reported that all 74 adult females were able to presume any of the eight unsloped places in the survey during 1st and 2nd phase of labour. The major restriction of the survey was the usage of a convenience sample, which poses a greater hazard of prejudice and lowers generalisation of consequences. One the strengths of this survey was consistence. Two trained research nurses were the lone 1s allowed to go to attention to all of the 74 survey topics. Besides the survey ‘s sample included adult females of different age, weight and tallness. Another quantitative survey, conducted by Jonge, Rijnders, Diem, Scheepers, and Janssen ( 2009 ) , examined the influence of sociodemographic and labour factors on the choice of delivering places in 2nd phase labour. The design was a nonexperimental retrospective cohort survey which used a postal questionnaire. The sample consisted of 665 low-risk adult females participants who received attention from accoucheuses. The writers found that 30.5 % of the adult females used the supine place along with other places. Of those 203 adult females, 42 % were 36 old ages of age or older and extremely educated ( Jonge et al. 2009 ) . Restrictions to the survey were the information was collected 3-4 old ages after the birth. The long period of clip may hold increased remembrance prejudice and weakened the relationship of variables in the survey. There was besides no information collected on how much control adult females had to take different places. Besides other clinical factors which influence birth places such as foetal weight, place, station, and emphasis were non included in the survey. The survey ‘s strength was that information was merely used if midwife attention began from the start of 2nd phase of labour. The sample composed of patient from eight different obstetrics patterns could besides be considered a strength to the survey because it added fluctuation of race, age, and sociodemographics. In the qualitative survey by De Jonge and Largo-Janssen ( 2004 ) , insight into adult females ‘s experience and influences of birth places were explored during labour. The design was a qualitative cohort pilot survey. Womans were sent a questionnaire and consent signifiers if they wished to take part in one to one interviews for the pilot survey. Twenty adult females agreed to take part in the survey. The pilot survey involved merely the topics and accoucheuses who were present during the labour. Of the 20 adult females, 13 of them used more than one place during the 2nd phase of labour. Ten adult females largely were in the supine place during labour and 11 of the 20 gave birth in that place ( De Jonge & A ; Largo-Janssen, 2004 ) . Findingss for this survey revealed that 17 of the 20 adult females claimed the accoucheuse as the biggest ground that influences their pick of place. Eleven adult females stated that the type of places used influenced the type of hurting experienced . Eight adult females felt they had more control direction of their labour forcing piece in an unsloped place during the 2nd phase. The survey ‘s strengths were that all interviews were face to face and recorded. To heighten the sum-up of their experience three types of the undermentioned informations were used: interview, questionnaire and background information from the original pilot survey. The survey topics were besides able to take the scene of the interview and were all asked open-ended inquiries. One of the major restrictions of this survey was that the interviewer was the same accoucheuse that had been at that place for their labour. This could hold caused a Hawthorne consequence in the topics ‘ responses. There was about a 7-19 hebdomad spread between the existent labour and the research interview which may hold biased callback.Compare and ContrastIn general, the consumer articles and the research articles both agreed on the benefits and results of utilizing di fferent places other than supine. The BBC consumer article included in their piece an NCT representative ; who stated an unsloped place would be good to cut down hurting and promote comfort ( â€Å" Action urged over painful births † 2004 ) . This concurs with findings by Adachi et Al ( 2003 ) their analysis of average VAS tonss that showed lower hurting tonss for entire hurting and during contractions while in a seated place. A average five point difference in entire hurting for uninterrupted and contraction hurting during labour was reported. The survey ‘s most important findings was a average 12 point difference in tonss for lumbar hurting during the first phase of labour ( 6-8cm dilation ) when in a seated place ( Adachi et al 2003 ) . Another similarity between articles was the perineum result and placement ; this was apparent in the survey by Shorten & A ; Donsante and the consumer article â€Å" Best Labor and Birth Positions † . Shorten & A ; Donsante ‘s ( 2002 ) survey reported the highest rate ( 66.6 % ) for integral perineum was in the sidelong place. The lowest rate ( 42 % ) of the birth places for integral perineum was the squatting place. The rates clearly show an advantage of utilizing the sidelong side-lying place over merely utilizing the semi-recumbent place. This corresponds with the ( â€Å" Best Labor and Birth Positions † 2010 ) recommendation of utilizing different places to diminish likely goon of cryings, episiotomies and utilize excess intercessions. The consumer article â€Å" Best Labor and Birth Position † besides agreed with the survey by De Jonge et Al. ( 2009 ) . The survey concluded that scenes in which the accoucheuse is the primary attention giver during intrapartum, there was a higher chance of utilizing more than one birth place. De Jonge et Al. ( 2009 ) , qualitative survey besides showed that the nurse accoucheuse is an of import determiner in act uponing birth places. This suggests that the wellness attention professional dramas in important portion in pick of places. â€Å" Best Labor and Birth Position † besides states that the predominate usage of one place ( largely lithotomy ) is based entirely on convenience for the obstetrician. In add-on, the BBC consumer article states that unsloped places are non encouraged in the West by accoucheurs. Both consumer and primary articles besides agree on comfort and anxiousness being decreased when utilizing different places. Several adult females in the De Jonge & A ; Largo-Janssen ‘s ( 2004 ) survey claimed to experience more abashed and less comfy chiefly in one place ( supine ) during old labours. In this research study the participants assumed a assortment of places non used in old labours. Towards the terminal of labour, the participant would exchange to the supine place and reported experiencing more comfy utilizing this method. One adult female described her labour experience as: â€Å" the more you can propose yourself, or happen out places for yourself, the better I find it coming to footings with it, instead than person stating, and now lay down and you pushaˆÂ ¦ † ( De Jonge & A ; Largo-Janssen, 2004 ) . This is similar to BBC ‘s article, in which Belinda Phipps advocates adult female to acquire up and travel about or exchange places instead than merely lying down and waiting. A little figure of dissensions did be between the consumer and research articles over birth places. â€Å" Fixing for & A ; giving birth † notes that several places may non be comfy and may really increase hurting. The standing place is reported to be the most exhausting ; while being in all 4s would most likely cause giddiness. This article besides argues that crouching and kneeling places would besides increase weariness because of the usage of more force in leg musculuss. However the Mayberry et Al. ( 2003 ) survey reported that one of the chief advantage of jumping places is overall maternal weariness is reduced. Although merely two places were used in Adachi et Al. ( 2003 ) survey ; they besides reported overall less hurting tonss for adult females. The usage of extradural anaesthesia was besides a point of dissension between â€Å" Preparing for & A ; giving birth † and the survey of Mayberry et Al ( 2003 ) . â€Å" Fixing for & A ; giving birth † encourages that when having epidural the female parent should remain in bed to restrict motion and placement ( â€Å" Preparing for & A ; giving birth † , 2010 ) . Mayberry et Al. ( 2003 ) survey reported that 67 % of adult females in the survey labored in two or more places and 21.6 % labored in four or more places. Besides two adult females in the survey were able to walk around after having the epidural. One of the safety issues that were addressed by ( â€Å" Preparing for & A ; giving birth † , 2010 ) is that presuming a sitting place may suppress transition for the babe. This is due to the increased force per unit area on the tail bone. It is besides advocated when in a kneeling place to utilize tablets or seeking the place in bed because of the force per unit area on the articulatio genuss. The article besides encourages restricting lying on your dorsum because the weight of the uterus pressure on blood vass and as a consequence may restrict blood supply to the babe. When the female parent has chosen hapless birth places ; the hazard of shoulder dystocia, foetal hurt, and usage of internal monitoring and other complications may increase ( â€Å" Best Labor and Birth Position † , 2010 ) .Nursing ChallengeA nursing challenge on birth places would most likely occur in the labour and bringing unit and at everyday office visits during gestation. The contention of birth p laces lies in the deficiency of instruction about alternate places and non deficiency of options given by wellness suppliers. Nurses play an of import duty in educating adult females of alternate places and by authorising adult females to do picks. Nurse must be cognizant of each birth place ‘s pros and cons on the foetus and female parent. These issues must be explained clearly in non-jargon footings whenever possible. Questions should be encouraged and developing places in progress can fix the female parent for when labour begins. This requires the nurse to be patient and helpful with the female parent happening the place she is most comfy at the minute. As the labour progresses ; hurting, anxiousness and weariness might increase, so the nurse must back up the female parent psychologically and physiologically.PICO QuestionAfter comparing the diverse point of views of consumer and research articles on birth places a hereafter survey might turn to these issues with adult femal es with multiple foetuss. PICO Question: Do the same benefits of utilizing more than one place during labour in a individual birth use to a female parent of multiple gestations in their first gestation? Population: Mothers in their first gestation with multiple gestations. Intervention: A assortment of different birth places. Comparison: Mothers with multiple gestations that merely used one place during labour. Result: Datas may demo a lessening in perineal cryings, hurting, anxiousness, weariness and addition in comfort for the female parent and foetuss.Decision

Monday, January 6, 2020

Free Trade Should Encourage Those Things - 959 Words

All of us looks for full job, high expectation of living and high quality of life. Free trade should encourage those things, yet we do not have free trade. This is genuine statement since when the government negotiate, things are not as basic as they should be. The government imposes laws and limitations along with taxes, which no longer make trading free. Free trade is not what we know: high pay jobs that will lift the living standard of lower class people but it is the hunger, poverty, disease, environmental degradation. Free trade agreement set up global organizations to administer the members. it guarantees that all parties people with the terms of exchanging agreement. The issue with free trade in America is it liberality give opportunity for foreign business to control over US marketplace. This has raised in high unemployment rates due to the facts that buyers and companies can buy foreign merchandise for somewhat less than local item. As Robbins said, people are more vulnerable to hunger if opportunities for employment decrease, if wages fail, or if food price rise; they can starve even in the midst of food availability(Robbins,162). If each nation can deliver what it excels at and grants exchange, as time goes on everybody will appreciate lower costs and larger amounts of produce, income and utilization that could be accomplished in disengagement. Trade limitations that are set up by the government on foreign items bring down the way of life for AmericanShow MoreRelatedImpact Of Globalization On The World Essay952 Words   |  4 PagesThe flattening of the world due to free trade and globalization has had both negative and positive effects on states. Because the world market has begun to level out, more states are becoming technologically advanced thus increasing the global economy. 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