Monday, February 24, 2020

This reflective statement is an account of my journey towards my dream Essay

This reflective statement is an account of my journey towards my dream job - Essay Example This is a special secret, it seems to me, can be summarized into four C’s. They are curiosity, Confidence, Courage and Constancy and the greatest of these is Confidence.When you believe a thing, believe it all the way, implicitly and unquestionably. â€Å"I believe him; with confidence in myself, my dream of becoming an entrepreneur at my 20’s will be a reality. My passion for self-employment has been fueled by different experiences. First, it was influenced by the experience working on different levels in the Saudi government where I worked first as an account assistant was promoted to the top as a Controlling Management Accountant. (Parker, 2009) Self-awareness The H & R tests in my opinion are accurate and are very effective in analyzing and getting to know you better. I believe that the tests greatly helped me to learn myself better. I know understand my strengths, this is in connection to my personality. For example I have learnt that I can be a leader in differen t capacities as I have influence on people and people can actually listen to me. Thus I have realized that I do have leadership skills which before this course I had no idea I had. I have also realized and come into terms with my weakness and have hereby looked for ways of improving myself. I have also been given the opportunity of seeing what others see as my strengths and also what they view as my weakness. All this have given me the opportunity to understand myself and also given me a chance to look for ways of improving myself. The self-analysing tests that we took in the course of this unit has been geatly helpful to both my professional and personal development.I took a test to better appraise my personality type.I took an online test by Team Technology,whereby I identified my personality as the ENFJ personality.Individuals from this personality type put their energy in building harmony between people.They take the personal approach,appreciative of other people and accepts the m.They also tend to adapt to their new enviroment ,aim to understand other people’s needs and when working in a team tend to bring harmony within the group.I am more suited to work in a capacity where am costantly interacting with people.I believe that am propely placed in the research assistant job.The main weaknesses in this personality type is talking too much and taking critisism personally. The second test I took was the learning style test whereby I took an online learning style(learning-styles-online.com) where I was to be a social learning type .I am a good listener,able to understand others views and communicate easily with others whether verbally or non-verbally.Thus I can be very important to a organisation as I will be able to understand my customers views and also those of my colleagues.Learning my learning style has also influenced my studies here in the university as I know what to focus on. The last test I took was the VAK Test where I took an online test whic h is also an online test where by one’s learning style is identified.Am a auditory learning style kind of an individual whereby I gather information

Thursday, February 20, 2020

Economics Coursework Assignment Example | Topics and Well Written Essays - 1250 words

Economics Assignment - Coursework Example iew the decisions and behavior of individual households and firms in allocating limited resources.First to be considered are the demand drivers of the Toyota sedan.Toyota Motor Corp.s sedans have remained in high demand all over the world owing to the effective quality, design, pricing and reputed brand name of the company. The Camry remains the best-selling car in the United States for 13 out of the past 14 years and has effectively beaten competition from Hyundais Sonata, Kias Optimum and Fords Fusion. One major demand determinant is the price of the product and the prices of its competitor products. Toyota, through its effective lean management policies manages to price its sedans at competitive prices in the world market and through Total Quality Management, enforces high quality and safety standards in its cars that keep the demand high.Another demand driver is the rapidly growing population of the world and the even faster growing middle class as a result of increased income, r esulting in rise in demand for normal goods such as cars. For example, in India, the middle class enjoys a 4.9% increase in its annual income.Toyota Etios sedan sales in India are expected to go up by 32% in 2012. Moreover, the changing consumer tastes and preferences also determine the profitability of Toyota sedans.Consumers today demand fuel-efficient and eco-friendly cars accompanied with a more streamlined, comfortable andluxurious design. Toyota has launched sedans that cater to its customers demands. However, the global economic recession of 2008 adversely affected the sales of all automobile companies including Toyota since the depression hit the economies and the pockets of the public(Ball et al. 2012). Among supply factors, environmental conditions are significant. The 2011 Japan Tsunami wiped off 650 of Toyotas suppliers bringing the car production to a standstill and causing it to lose its sales by 7.8% in the U.S. market. Also, the recent Thai floods have caused parts

Saturday, February 8, 2020

Why there may be greater potential for FDI activity in China rather Essay

Why there may be greater potential for FDI activity in China rather than India - Essay Example theories therefore inform that FDIs may be attracted to India as a result of its relatively lower labour costs, lower political risks and its closer proximity to developed OECD states. China on the other hand, may appeal to FDIs as a result of its large consumer market and its more impressive trade with developed OECD countries.3 This paper conducts a comparative analysis of FDI appeal in India and China with a view to demonstrating that there may be greater potential for FDI activity in China rather than India. In order to demonstrate the greater potential for FDI activity in China, this paper analyses TNC theories and the determinants of FDI inflows and outflows and examines these determinants in the context of India and China’s economy. This paper is therefore divided into three parts. The first part of this paper provides an analysis of TNC theories and the determinants of FDIs. The second part of this paper examines India’s economy and the final part of this paper examines China’s economy. Since the 1960s several theories of TNC have emerged helping to explain the factors that weigh in favour of or against TNCs investing abroad.4 Traditional neoclassical theory usually represented by eclectic or OLI theories (ownership, localization and internalization advantages) are typically used to explain and predict the â€Å"determinants of FDI†.5 The eclectic theory arose out of J. Markusen’s reconceptualization of John Dunning’s neoclassical theory of investment and trade. Dunning’s neoclassical theory takes the position that FDIs are selected by TNCs as a result of a â€Å"combinations of transport costs, factor endowments and country size.†6 Eclectic theory explains why a company would elect FDI as opposed to producing locally and exporting locally produced goods abroad and where the TNC would most likely direct its FDI. In this regard, Dunning’s eclectic theory identifies the â€Å"why, where and when/how decisions in terms of ownership,

Tuesday, February 4, 2020

Toyota Motor Manufacturing and its Problems Essay

Toyota Motor Manufacturing and its Problems - Essay Example In terms of purchasing, the seat made up the highest expenses of all purchased parts. The fabric made up almost half of its $740 cost (Mishina & Takeda, 2015). As a result, the company wishes to find out the immediate actions that should be taken so as to address the Camry seat problem. The company also wishes to examine whether the current method of handling seat defects that are the TMM method has been in line with the Toyota Production System’s philosophy. When the Toyota Motor Manufacturing was established in 1988 in Georgetown, the plant had a sole objective of producing 200,000 Camry seats that would replace the bulk of similar model imports from Japan. Toyota has an objective of providing cheaper and better cars for more people meaning that the company has to produce cars that meet the wide range of customer preferences with minimal flaws. The company also has to provide vehicles with perfect timing and at an affordable price. As Toyota was forced to cut its cost dramatically without large economies of scale compared to the American firms, the company needed a new source of economies in order to satisfy its customers with a wide variety, timeliness and quality at a reasonable price (Mishina &Takeda, 2015). The Toyota Production system, therefore, evolved as an answer to this challenge through eliminating wastes. The Toyota Motor Manufacturing sole supplier for seats was the Kentucky Framed Seat. As the cars went down the TMM’s assembly line, the seat assembly pieces in KFS had to do the same with the matching pieces emerging at one end fully inspected. A truckload of the fifty-eight seats would then arrive at TMM after thirty minutes. Upon reaching TMM, the seats would be offloaded to the staging line that was not big enough to accommodate the whole truckload. The seats, therefore, had to have to wait in the specific line until a space in the overhead conveyor. The conveyor line is  synchronized with the assembly line and runs above a panel of steel mesh that protects the cars and people below. The seats travel a quarter of a kilometer to the Final 1 which has the rear seat loading workstation.