U.s. Gross Domestic Product - 1361 Words

hiding something behind the actual unemployment rate in America or people in America are still feeling the effects of the 2008 recession. The housing market crash in the fourth quarter of 2008 may still be affecting many families today. Since consumer spending drives two thirds of the economy, according to econoday, it also affects retail sales because when consumers are confident in their economy, there are willing to buy more (Econoday: â€Å"Consumer confidence†). This, in turn, affects U.S. retail sales which is also a reflection of the U.S. Gross Domestic Product. These indicators have a chain reaction because when one changes, it affects the rest. (Ferreira, 2015). As we can see from both the consumer confidence and retail sales†¦show more content†¦According to Lynn Franco, she says that consumers are cautious heading into 2016 and expect little changes in business conditions. Next year is definitely not looking very promising for the United States. Retail Sales Indicator The retail sales indicator measures the dollar value of merchandise sold within the retail industry, which includes traditional retailers selling via internet but excludes companies conducting non-retail operations such as travel, ticketing, and financial services (â€Å"FAQ†). The retail sales is a leading indicator because it gives us a glimpse of what we can expect in the following months in the economy. It is important to keep in mind that leading indicators are not always accurate and are subject to revisions. The retail sales indicator covers the previous month’s data and is typically released on or around the 13th of each month. The report is usually presented in one of two ways: with auto sales being counted and without auto sales being counted since auto sales can skew the data due to their high price (â€Å"Investopedia: retail sales†, n.d.). Companies of all sizes are used in the survey, from large corporations such as Wal-Mart t o independent mom and pop shops. The methodology behind the survey is conducted by the U.S. Census Bureau and the U.S. Department Commerce (United States Bureau: â€Å"Monthly Annual retail trade: Annual retail trade survey methodology†, 2015).

Effective Time Management Managing Your Time - 1032 Words

Effective Time Management Effectively managing your time will enable you to work more efficiently and do more to further the bottom-line objectives of your company. As a manager, the use of your time is critical in order to carry out your many duties and responsibilities. This Origami Warrior Life Lessons - Basic Management Skill article on Time Management will enable you to become a more effective manager for yourself, and for your organization. You will learn how to better manage your time, which will help you achieve your overall goals. What Should You Expect We will not be able to explore every facet and component of time management. Rather, we will focus on the major principles of effective time management including planning and†¦show more content†¦Although not a difficult task, it takes time to reflect upon your duties and responsibilities. Make time for this. It will save you time in the long run. Begin all new projects, responsibilities, or tasks with a planning session. Ask yourself: o What tasks need to be done. o When should they be completed. o Besides myself, who else will need to be involved, can this be delegated, if so to whom, etc. o How much time will each project require. o What part of my duties and responsibilities are fixed and routine. o What intermediate steps need to be completed. Not only should new work begin with a planning session, but all on-going work needs to be reviewed, evaluated, and re-planned. Schedule planning time every day. Plan your day the first thing in the morning, as soon as you arrive at work or the previous day the last thing you do at work before leaving for home. When defining your work load, be aware of four points: First, is the task really your responsibility? Don t fall into the trap of taking on others responsibilities. You may be able to route the task or project to those who are more responsible for it in the first place, thereby freeing up time for those tasks and projects you are definitely held responsible for. At the very least, you may be able to share the project with others, thereby splitting the work load in half. Channel projects to others who have responsibility forShow MoreRelatedWhat Does Time Management Mean?1111 Words   |  5 PagesEffective Time Management Throughout years of experience with balancing school, work, and family affairs; learning how to manage your time effectively can become a bit time consuming. The benefits however are well worth the effort it takes to master time management. Time management consists of three major components motivation, flexibility, and organization. At times juggling these components can become overwhelming and stressful for those individuals who are not under usual time constraints. AlthoughRead MoreHr a Short Briefing for New Hr Colleagues to Help Them Perform Effectively and Efficiently in Their Roles.986 Words   |  4 PagesFunction and its implementation within the organisation. You will act as a sounding board for employee relations, feeding back information to your HR Manager and facilitating change initiatives when required. You will be responsible for your own personal continuous professional development and as such will record and plan your development during your time at YWP. You will work with the HR Team to ensure you are well versed with the organisation and its context to ensure all decisions made withinRead MoreThe And Detailed Time Management Tips For A Fulfilling Life1102 Words   |  5 Pagesractical and Detailed Time Management Tips for a Fulfilling Life By Nirupama N Raghavan | Submitted On January 21, 2015 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Expert Author Nirupama N Raghavan Time is what we needRead MoreIlm M3.18943 Words   |  4 PagesLEADERSHIP AND MANAGEMENT ILM/L3DipLM/0308 Introducing the qualification The ILM Level 3 Diploma in Leadership and Management has been specially designed for first line managers looking to develop a wide range of management and leadership skills suitable for their role. The qualification also develops both understanding and application of leadership skills through the use of action learning. The Diploma consists of six mandatory units ‘Understanding change’, ‘Planning change’, ‘Time management’, ‘An introductionRead MoreOperational Skills1372 Words   |  6 PagesOperational Management Skills Operational Management Skills www.mce-ama.com/190 level †¢ Middle managers days 4 Workshop overview Operational management is about getting things done through goal-setting, work planning, budgeting, organizing and controlling. The more you can master the basic tasks of management, the more effective you are at getting things done, creating real value for your company. And the more you show your management ability to get things done and add value, the betterRead MoreThe Autocratic Management Style As A Non Effective Style1077 Words   |  5 PagesThe Autocratic Management style is not hard to distinguish in the workplace. Opinions are kept to themselves concerning the firm’s approach to cases, and all employees know what they are expected to do and not do. In this management style only one attorney is in charge and he or she resolves all issues. This type of management style can be thought of as more of a dictatorship. They can be found in small-scale offices and there is only one attorney proprietor. The staff is never in doubt aboutRead MoreChange Management Failures12 28 Words   |  5 PagesChange Management Failures The case for change management: Costs and risks of poorly managing change In Prosci’s 2007 and 2009 benchmarking studies, the top trend identified by study participants was a greater recognition of the need for and value of change management. While some find themselves in a situation where change management is being requested, many other practitioners are still working diligently to make a compelling case for the need for change management. For these practitionersRead MoreEssay on Delegation793 Words   |  4 PagesManager in your company, Delegation is the process in which you assign important task to other employees. In doing this process as a manager you must 1) Identify the task that is to be accomplished, 2) Choose the right employee to complete the assignment, 3) give complete and concise directions, 4) The next step is to monitor the progress of the assignment, check back with your employees to see how things are going and to make sure deadlines are being kept. 5) Provide feedback in order for your employeesRead MoreChange Strategies For Im proving Workplace Transformations.1329 Words   |  6 PagesStrategies for Improving Workplace Transformations Effective Human Resource management requires a strong understanding of the logistics of managing change. Now more than ever organizations are facing fundamental shifts in their markets. Very often however, organizations become caught up by their internal dynamics. It is not surprising that companies are reluctant to undergo coordinated programs of change for a fear of failure. Successful Change management needs to be a systematic approach to dealingRead MoreManaging Time Effectively1205 Words   |  5 PagesManaging Time Effectively BUS 520 Organizational Behavior Abstract `In order for an organization to be runeffectively you must manage your time wisely. Procrastination should not play a major part in your daily duties. It is also important for managers and employees to go through the decision making process before making an imperative decision. This will help to eliminate barriersthat are set up for failure. Teamwork and team building skil ls also play a major

The And Its Effect On Society - 1343 Words

In any society encompassed by varying ideologies, change is inevitable. This inescapable component is one that results from an exposure to different truths and realities in life. As we are under the pressure of change, we tend to develop a certain set of beliefs and our comprehension of things are altered. In government, for example, what we perceive to be morally just is all dependent upon how the laws function. We must first understand the role of the government. Essentially, the government assumes the duty of serving the people. Those officials elected to serve are meant to represent the people. The elected are to set up laws for the community in which they serve, and are to enforce these laws. In losing sight of this basic function, there would not be an effective and fairly stable government; thereby creating stalemates and other barriers in the community. If in the event the people begin to be misrepresented and are being affected in some way by the law, the judgement of the la w and those governing are questioned. More so, values are challenged and the people begin to realize they are not being guaranteed what should be, whether it be equality, civil rights, or so on. It goes straight to the fundamental ideas of morality. Is the law just and does it truly provide for the people? In cases of these injustices, who is held responsible? Does this responsibility eventually fall in the hands of the citizens? To what extent are the citizens capable of fighting theseShow MoreRelatedSociety s Effect On Society1419 Words   |  6 PagesSociety has a set way of perceiving everyone in the world. There are set things and places in which we all â€Å"belong† to and if we do not fit that then we somehow find ourselves isolated from the normal population. People dream and long for the day where they can fulfill the â€Å"American† dream where they settle down with someone of the opposite gender, fall in love, get married, and eventually try for a baby. Peo ple wait for nine-months of long and hard obstacles to finally meet their baby boy or babyRead MoreThe And Its Effects On Society1410 Words   |  6 Pagesupon time, and many ages ago, there was an ancient planet called Kaspaar. This land was so old, no inhabitant alive could remember the year of the creation of the world. This land is much like ours. We could even live there, in fact, with no ill effects. The way it looks, though, is very different from Earth. It may have mountains similar to ours, but its turquoise waters teem with rainbow-colored fish, and that fair planet’s bluish lands bristles with life. 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EXTERMINATE!† the army chanted as they prepared to make contact with the planet called Earth. Their mission was to destroy all life forms on earth, particularly humans. Unlike Daleks, human beings frail organic flesh was exposedRead MoreThe And Its Effects On Society Essay1432 Words   |  6 Pagesare confronted with a deep type of fear in reaction to the bizarre rituals of their new host culture (Hollander, 2013). The symbols that represent the ideals of an individual’s individuality; in comparison, these immigrants are used to a collective society. Immigrants are overwhelmed with survivor’s remorse for having escaped and protected themselves (Hollander, 2013). These refugees frequently confront symptoms, which include bewilderment, misperception, severe self-distrust, nightmares, sleeplessnessRead MoreThe And Its Effects On Society1072 Words   |  5 PagesNearly four people obtain a voice each second, of each day. 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Organizational Behavior for Business and Management Invention

Question: Discuss about theOrganizational Behavior for Business and Management Invention. Answer: Topic: Employees should be passionate about their jobs. It is not the responsibility of managers to motivate them. In the current business scenario, self motivation of the employees is much important due to the reason that after a certain extent, external motivating factors will be not effective for them. However, still there is a certain extent to which, managers can motivate their employees and it is their responsibility to motivate them. There are various arguments given by different authors regarding the responsibility of the managers in motivating their employees. Maslows hierarchy of needs According to Maslow, there are some needs, which should be fulfilled by the managers only for their employees. According to him, safety and security need consist of both internal and external motivating factors. For instance, the health, family and social stability are the internal motivating factors for the employees. On the other hand, employment and financial security are the job of the managers (Jerome, 2013). They should provide timely promotion and increments to the employees in order to make them financially stable. This will motivate the employees in their workplace. In addition, in the self-esteem level, it is the duty and responsibility of the managers to provide reward and recognition to the employees. This will help the employees to be motivated in their workplace. Thus, it can be concluded that managers are having the responsibility n motivating their employees. X and Y theory Another theory stated by McGregor regarding the motivation of the employees. According to him, there are mainly two types of employees in the workplace. One section of employees is considered as X. This section of employees is hate work in their workplace. On the other hand, Y section of employees is self motivated in their workplace. According to the author, it is the responsibility of the managers to motivate the X type of employees. Managers can initiate negative motivating factors such as coercion (Gannon Boguszak, 2013). In addition, managers can initiate democratic type of leadership in order to keep the employees engages. Therefore, in the both the cases, it is seen that managers are having the responsibilities to motivate both negative and positive employees. Herzbergs Two-factor Theory According to Herzbergs two factor theory, there are mainly two types of factors, which determine the level of motivation of the employees. According to the author, hygiene factors include the basic facilities for the employees to be given in their workplace (Yusoff, Kian Idris, 2013). On the other hand, motivating factors are the factors that include the added facilities such as reward and recognition. The author stated that it is the responsibility of the managers to determine the level of motivation and satisfaction of the employees by providing more or less hygiene and motivator factors. Thus, from the above discussion, it can be concluded that discussion of different motivation theories states that managers are having much responsibilities in motivating their employees. Though it is true that employees should be passionate about their job, but it is the responsibility of the managers to enhance the motivation level of the employees. Reference Gannon, D., Boguszak, A. (2013). Douglas McgregorS Theory X And Theory Y.CRIS-Bulletin of the Centre for Research and Interdisciplinary Study,2013(2), 85-93. Jerome, N. (2013). Application of the Maslows hierarchy of need theory; impacts and implications on organizational culture, human resource and employees performance.International Journal of Business and Management Invention,2(3), 39-45. Yusoff, W. F. W., Kian, T. S., Idris, M. T. M. (2013). Herzbergs Two Factors Theory On Work Motivation: Does Its Work For Todays Environment.Global journal of commerce and Management,2(5), 18-22.