Monetary Policy, Fiscal Policy, Business Cycles, and Economic Growth Assignment

Money related Policy, Fiscal Policy, Business Cycles, and Economic Growth - Assignment Example Proprietors of worldwide organizations in Malawi will get decreased profits. Some worldwide corporations’ representatives in Malawi will either be laid-off or get lower compensations (Hansen, 2013). 6.b). On the off chance that the leader of Malawi forces an obligatory the lowest pay permitted by law of $5.00 every hour, laborers in worldwide organizations will get better compensation. Therefore, the degree of destitution will diminish in the nation. Worldwide enterprises will acquire more expense particularly pay costs. Because of greater expenses benefits for the organizations will decrease in this way investors will get lower profits. Worldwide organizations may decrease the quantity of workers to diminish the pay rates costs they bring about (Hansen, 2013). 7. Western states like the United States and United Kingdom resort to shortfall going through by getting cash to animate financial development or recuperation in the midst of monetary downturns. The primary disservice with deficiency spending is that it prompts loan costs. High-loan costs diminish the capacity to acquire. High-financing costs demoralize business visionaries to contribute. Thusly, low speculation rates imply that the creation limit of a nation is diminished the general yield of the nation diminishes consequently. Decrease in the yield of a nation lessens the pace of monetary development in a nation. Deficiency spending implies that the legislature spends more than the private division. States will in general use assets wastefully. So these activities may prompt squandered assets. Shortage spending and expanded obtaining builds an economy’s expansion rate. Expanding swelling rate diminishes the estimation of a money and unfavorably influences its seriousness wit h different monetary standards. Swelling will likewise decrease the measure of reserve funds (Hansen, 2013). 8. Listening to Laurence Kotlikoff of Boston University, I was keen on the contention he presented with respect to the government’s camouflage of its obligation commitments. Kotlikoff called attention to that United

Leadership Essay Introduction Essay Example for Free

Initiative Essay Introduction Essay Maybe none of you are sufficiently fortunate to be a pioneer and battle for basic entitlements or different convictions, yet consistently schools and colleges expect understudies to compose an authority paper. Its will likely recognize and assess your potential authority characteristics. Probably the most ideal approaches to adapt to the errand is to list the attributes that effective government officials or assessment pioneers have. And afterward show their essence for your situation by a case of explicit life circumstances. This is the primary contrast between the administration papers and comparable ones. Rather than investigating abstract works or their creators, you have to concentrate on your own character. The pioneer isn't constantly connected with the authority or the solid willed warlord. A powerful guide could be solid and feeble, learn and educate all the while. The authority class offers a ton of characteristics, the nearness of which assumes an extraordinary job in the life of every individual. We are discussing sympathy, commitment, truthfulness, consistency, charitableness, obligation, self-advancement, impact, the capacity to instruct. The basic piece of initiative paper plot comprises of portraying the splendid snapshots of your life to prove the expressed postulation. Models ought not be extract and contain emotion reflections. It is smarter to fall back on the points of interest and show in which cases you indicated fearlessness, knowledge or hierarchical aptitudes. The subtleties increment the trust in the substance of the content. The individual idea of the paper on initiative makes it conceivable to utilize accounts as contentions. Each new quality must start with another passage while staying in contact with the past content utilizing transitional expressions. This will help make the paper effectively clear to the crowd. You likewise could utilize the data gathered before from different sources. When composing an authority exposition, the accompanying fundamental parts ought to be thought of. As a matter of first importance, to make a thought out of ​​the marvel of authority, utilize online assets or personal stories. They won't just explain the idea yet will likewise prompt smart thoughts. Try not to befuddle the initiative expositions with the courageous epic. You need regard for yourself, yet not to others. Simultaneously, it is important to keep away from dreams and explicit untruths. Stay as legit as conceivable to make your work reasonable, and resemble a fantasy. To accomplish this, evade characteristics that are not natural in you. The utilization of the technique for conceptualizing will help decide the necessary abilities. Recall the circumstance where you were given an extraordinary obligation, for example, a venture, a games group or the primary job in the play. When all is said in done, any understanding of participation can be introduced with regards to initiative. When you have settled on the field of research, it is huge to build up an exposition conspire. Along these lines, a fruitful finishing of an initiative article relies upon the profundity of comprehension of this idea, your genuineness and beneficial experience. Additionally, recollect that genuine successful pioneers have a one of a kind vision of things. Utilize this quality to introduce yourself in a positive light.

Identifying Schizophrenia in Children

Identifying Schizophrenia in Children Schizophrenia Print Identifying Schizophrenia in Children Childhood-Onset Schizophrenia Is Rare But Serious By Amy Morin, LCSW facebook twitter instagram Amy Morin, LCSW, is a psychotherapist, author of the bestselling book 13 Things Mentally Strong People Dont Do, and a highly sought-after speaker. Learn about our editorial policy Amy Morin, LCSW Medically reviewed by Medically reviewed by Steven Gans, MD on January 05, 2018 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on August 03, 2019 Schizophrenia Overview Symptoms & Diagnosis Causes & Risk Factors Treatment Living With In Children In This Article Table of Contents Expand Prevalence Causes Symptoms Course When to See a Doctor Diagnosis Treatments Prognosis Coping and Support View All Learning your child has schizophreniaâ€"or suspecting your child may have itâ€"can feel  overwhelming and scary. But early identification and treatment are important in managing the symptoms and improving your child’s long-term prognosis. Schizophrenia is a mental illness that causes people to interpret reality abnormally. It involves a range of cognitive, emotional, and behavioral problems that impair a child’s ability to function. Verywell / Cindy Chung Prevalence Onset usually occurs between the  late teens and the mid-thirties. The peak age of onset for males is the early twenties and for females the late twenties, but it may occur at any age. According to the Institute of Mental Health, about .25 to .64% of Americans have schizophrenia.?? Childhood schizophrenia, characterized by onset before age 13, is only found in 1 in 40,000 children. Childhood schizophrenia presents special challenges in terms of diagnosis and treatment.?? Causes Scientists haven’t found a single set of causes for schizophrenia. It’s suspected that there are multiple genetic and environmental factors that play a role:?? Genetic Factors -  Family, twin, and adoption studies support a strong genetic component in schizophrenia. Parents of children with schizophrenia are ten times as likely to also develop schizophrenia.?? If an identical twin has the illness, the likelihood that the other twin will develop schizophrenia is over 40 percent.??Environmental Factors -  There may be some environmental factors that contribute to schizophrenia in children, especially if there are already genetic components at play. Prenatal infections, obstetric complications, and maternal famine may play a role.?? Symptoms Hallucinations, thought disorder, and flattened affect have been consistently found in children with schizophrenia. Delusions and catatonic symptoms occur less frequently.?? Childhood schizophrenia is often associated with cognitive delays. Cognitive decline typically occurs at the time of onset of schizophrenia. Intellectual deficits appear to be stable over time without continued deterioration.?? Here are the symptoms of schizophrenia:?? Hallucinations â€" Seeing or hearing things that aren’t actually thereDelusions â€" False ideas that are believed by the individual but not by othersDisorganized thinking - Evidenced by derailed or incoherent speechFlat affect â€" Monotone, diminished facial expressions, and appear apatheticPaucity of speech or thought â€" Only speaking when prompted and replying with short answersBizarre behavior â€" Inappropriate, disorganized, or odd behavior inappropriate for a child’s age Course The course of schizophrenia varies from person to person. But, there are hallmark phases that individuals tend to experience. Prodrome phase  â€" Most individuals with schizophrenia experience some functional deterioration before the onset of psychotic symptoms.?? Social withdrawal, bizarre preoccupations, unusual behavior, academic failure, or a decline in hygiene and self-care may begin before any signs of psychosis.Acute phase â€" This phase is marked by prominent symptoms, such as hallucinations, delusions, disorganized speech and behavior, and a serious deterioration in functioning. This phase may last several months depending on the response to treatment.??Recuperative/Recovery phase â€" After the acute psychosis subsides, there is generally a several-month period when the individual continues to experience a significant impairment. Flat affect and social withdrawal are often present.??Residual phase â€" Children with schizophrenia may have several months or more between acute phases. However, most individuals will continue to be at least somewhat impaired. Some individuals never progress to residual symptoms and continue to have symptoms despite treatment.?? When to See a Doctor It’s hard to identify schizophrenia in children. Young children have excellent imaginations so it’s common for them to have imaginary friends with whom they carry on conversations. That type of pretend play doesn’t mean your child is having hallucinations. Kids also aren’t good at telling adults about their symptoms. When young children are asked questions about hallucinations or delusions, many of them say yes. But, that doesn’t mean they have psychosis. Instead, in a paper published in 2013, researchers believe kids may report having those symptoms because they have overactive imaginations, cognitive limitations, or they simply misunderstand the question. So asking your child questions like, “Do you ever see things that no one else sees?” isn’t likely to give you much insight into whether your child should see a doctor.?? Symptoms also tend to begin gradually. Over time, however, a child may develop psychosis and the symptoms become much more obvious. If you notice developmental delays, strange eating rituals, bizarre behavior or ideas, change in academic performance, or social isolation, consult your childs doctor. Since schizophrenia in children is rare, there’s a good chance the symptoms may stem from something else. But it’s important to find out the reasons for the changes that you’re seeing. Diagnosis There isn’t a lab test that identifies schizophrenia. Mental health professionals make the diagnosis based on several factors, after gathering a full history, observing the child, and interviews with the parent and child. Other conditions must also be ruled out. Schizophrenia Discussion Guide Get our printable guide to help you ask the right questions at your next doctors appointment. Download PDF Many of the symptoms of schizophrenia in children are also found in other disorders, such as autism spectrum disorders, mood disorders with psychotic features, or obsessive compulsive disorder.?? Medical conditions may also result in psychosis. Central nervous system infections, endocrine disorders, genetic syndromes, autoimmune disorders, and toxic exposures may cause children to exhibit symptoms similar to those found in schizophrenia.?? Drug use may also cause psychosis. Hallucinogenic mushrooms, stimulants, inhalants, and cannabis are just a few of the drugs that may lead to psychotic symptoms. Prescription drug misuse may also lead to acute psychosis. Symptoms resolve within a few days to weeks after the drug is discontinued.?? All of those other conditions must be ruled out before a diagnosis of schizophrenia can be made. How Mental Health Professionals Use the DSM Today Treatments Antipsychotic medication is the primary treatment for schizophrenia in children as well as adults. Individuals with schizophrenia are at significant risk of relapse if antipsychotic medication is discontinued. It’s essential for parents to maintain contact with physicians to monitor symptoms, side effects, and adherence.?? Talk therapy may also be helpful to children with schizophrenia. Children and their parents may benefit from psychoeducation and problem-solving sessions. It may be important for siblings to get involved in therapy so they can understand their brother or sister’s behavior.?? Social skills training, relapse prevention, and basic life skills training may be helpful. Some children with schizophrenia may need specialized education programs or vocational training programs. If a child becomes a danger to herself or others, a psychiatric hospitalization may be necessary. Inpatient treatment can be helpful in getting symptoms under control. The 9 Best Online Therapy Programs Prognosis Childhood-onset schizophrenia is associated with low intellectual functioning and higher rates of negative symptoms across the lifespan. According to a 2011 study published in Pediatric Clinics of North America, childhood-onset schizophrenia is associated with greater social deficits in adulthood compared to those with other mental illnesses.?? It’s also been linked to lower level of employment and a lesser likelihood of living independently, compared to other psychiatric disorders.?? Adolescents are at a higher risk of suicidal behavior during their first episode of psychosis. At least 5 percent of people who exhibited symptoms of schizophrenia before age 18 die by suicide or accidental death directly related to behaviors caused by their psychotic thinking.?? Individuals with schizophrenia are at a higher risk of physical health conditions such as heart disease, obesity, hepatitis, diabetes, and HIV. There isn’t a cure for schizophrenia, but symptoms can be managed with treatment. Early intervention is key to improving the outcome for children with schizophrenia.?? Coping and Support Learning your child has schizophreniaâ€"or suspecting that he or she may have itâ€"can feel scary and overwhelming. It’s important to learn as much as you can about schizophrenia in children, however, so you can best support and advocate for your child. Ask your child’s doctor for resources on schizophrenia. Attending support groups for people who have a family member diagnosed with schizophrenia could serve as a wealth of information. The National Alliance on Mental Illness, NAMI, may also be a valuable resource. NAMI is a mental health organization who has local affiliates who provide support, education, and services in communities throughout the United States. NAMI may be able to help you locate the resources, tools, and information you need to help your child. It’s important to take care of yourself as well. Attend a support group or seek therapy for yourself. Managing your stress level will be key to helping you be best equipped to support your child. What to Know About Child Psychology and Development

The Oil And Gas E P Industry - 1556 Words

The oil and gas EP industry started back in 1859, when the Pennsylvania Rock Oil Company of New York regrouped as Seneca Oil Company, found the first ever marketable oil near Titusville, Pennsylvania. Edwin Drake, a former railroad man, discovered a great amount of oil in his well that was refined into kerosene, a petroleum product. Even before the â€Å"Drake Folly† (AOGHS), oil was sold and used for medicine, oil was only produced and found at smaller amounts. After this finding, the exploration and production industry hit off from that point on to discover more wells through drilling grounds all over the United States to find commercial oil to be refined into the market. The reasons for success in producing the shale formations were due to hydraulic fracturing also known as fracking, horizontal drilling, and directional drilling. George Mitchell was the â€Å"Father of Fracking,† had his trial and errors through finding a successful way â€Å"to drill into a shale and fracture it with highly pressurized fluids, freeing natural gas to be drawn to the surface† (Gertner). Before this, fracturing the surface was not intentional for freeing natural gas from the shale play but now technology and times have changed. Due to fracking and horizontal drilling, this provides natural gas to approximately 15 million homes for a year with one trillion cubic feet of natural gas. Directional drilling can â€Å"hit targets that cannot be reached by vertical drilling, drain a broad area from a singleShow MoreRelatedExxon versus Chevron Essay1576 Words   |  7 PagesBenchmarks Net Profit Margin, Competitors BP PLC 6.19% 3.08% 6.84% Chevron Corp. 9.73% 11.35% 11.01% ConocoPhillips 16.83% 14.54% 5.08% Royal Dutch Shell PLC 3.63% 5.69% 6.58% Net Profit Margin, Sector Integrated Oil Gas 6.75% 7.43% 7.60% Net Profit Margin, Industry Oil Gas 6.92% 7.39% 7.54% 2013 Calculations Net profit margin = 100 Ãâ€" Net income attributable to ExxonMobil à · Sales and other operating revenue = 100 Ãâ€" 32,580 à · 420,836 = 7.74% Exxon Mobil Corp., Operating Profit Margin(https://wwwRead MoreThe Giant Bomu Oil Field Essay1531 Words   |  7 PagesThe giant Bomu oil field in Ogoni located in Gokana Local Government Area, which has estimated ultimate recovery of 0.311 billion of barrels of oil and a total of 0.608 billion of barrels of oil equivalent including gas, was discovered in 1958 (Aniefiok et al 2013, Amanyie 2006, and Vassilion 2009). 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This is to say, crude oil is the most important natural resource of the industrialized nations, as it has assisted in the technical expansion and discovery of new sources and productionRead MoreElectronic Procur ement ( E Procurement ) Essay1259 Words   |  6 PagesIntroduction: Infusion with technology would create new opportunities for petroleum industry to extend their supply chains by reducing the transaction and sourcing cycle time and improved integration of the company with suppliers and customers. Because of incorporated with centralized tracking, system of transactions enables full reporting on requisition, things obtained, orders handled and installments made, therefore advancing the straightforwardness and minimizing the manual interventions andRead MoreIndian Oil Corporation1111 Words   |  4 PagesIndian Oil Corporation (IOC), established in 1959, is committed to the investigation and generation and showcasing of oil. 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The Kite Runner By Khaled Hosseini - 1574 Words

Arnav Tripathi Mrs. Gommerman Honors English 10 18 October 2017 Lao Tzu once said, â€Å"Being deeply loved by someone gives you strength, while loving someone deeply gives you courage†. To break it down, love can be meaningful as it can give one confidence. A main theme present in Khaled Hosseini’s, The Kite Runner, is love. The Kite Runner follows Amir, the main character, finding redemption from a series of traumatic childhood events. Throughout the novel, the author uses many powerful symbols to represent the complexity of love that many experience in relationships. The use of the kite, the pomegranate tree, the slingshot, and the cleft lip all tie together to underscore a universal theme of love. To begin, the most explicit symbol†¦show more content†¦But Amir hung onto the string of this kite. He loved Baba and Baba loved him, but they could not express this in Amir’s childhood because of their clashing personalities. When Baba comes to realization that Amir did everything for his love, he empathizes with Amir more. As described above, the kite represents Amir and Baba’s complicated relationship in the book where they are unable to express their love for each other. Next, the slingshot is used to represent the complication of protecting loved ones and things that they love. The author uses the book’s setting in Afghanistan to create personal experiences in the plot of the book to help highlight these complications. As known by many, the war in Afghanistan created much pain and suffering for its people. It changed how Afghans thought and acted. Hosseini clearly and effectively represents the changed mindset of Afghans before and after the war. The author does this through the symbolism of the slingshot. The use of the slingshot by Hassan, Amir’s best friend, and Sohrab, Hassan’s son, portrays this. When Hassan and Amir were confronted by Assef, the novel’s main antagonist, in their childhood, â€Å"Hassan held the slingshot pointed directly at Assef s face †¦ [Assef] then turned around, walked away†(42) and then, â€Å"[Hassan] tuck[ed] the slingshot in his waist†(43). This excerpt shows us how one protected in pre-war Afghanistan. They only had toShow MoreRelatedThe Kite Runner, by Khaled Hosseini883 Words   |  4 Pagesregret from past encounters and usually feel guilty and bitter about the situation. The Kite Runner, by Khaled Hosseini, revolves around the theme of redemption. Redemption can be used as a cure for guilt. Throughout the novel, the author shows that redemption requires some sort of sacrifice and the only way that is possible is if you can forgive yourself from the mistakes you have made in the past. Khaled Hosseini effectively portrays redemption through motifs such as rape, irony and flashbacks, symbolismRead MoreThe Kite Runner By Khaled Hosseini1651 Words   |  7 Pages  Ã‚  Ã‚   The novel â€Å"The Kite Runner† by Khaled Hosseini describes the life of a boy, Amir. Amir’s best friend and brother (although that part isn’t known until towards the end), Hassan, plays a major role in Amir’s life and how he grows up. Hosseini p ortrays many sacrifices that are made by Hassan and Amir. Additionally, Amir seeks redemption throughout much of the novel. By using first person point of view, readers are able to connect with Amir and understand his pain and yearning for a way to be redeemedRead MoreThe Kite Runner By Khaled Hosseini1655 Words   |  7 PagesSarah Singer Major Works Data Form Title: The Kite Runner Author: Khaled Hosseini Date of Publication: 2003 Genre: Historical Fiction Historical information about the period of publication: Since the September 11th attacks in 2001, the United States has been at war with Afghanistan. Their goals were to remove the Taliban, track down those in charge of the attacks, and destroy Al-Qaeda. Biographical information about the author: Khaled Hosseini was born in Kabul, Afghanistan, in 1965. HIs motherRead MoreThe Kite Runner by Khaled Hosseini1098 Words   |  5 PagesIn The Kite Runner by Khaled Hosseini, we learn a lot about Amir the main character, and Hassan his servant/brother. 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However, others may believe that Amir truly changedRead MoreThe Kite Runner By Khaled Hosseini1583 Words   |  7 Pagesnovel the Kite Runner by Khaled Hosseini, Amir, the main character, shares his thoughts and actions due to his poor decisions. The problems he encountered were all because of the sin committed in his youth. His sins taunted the beginning of his life and gave him a troublesome memory full of guilt. As the novel continued, Amir attempted to disengage the memory of his sin and forget about it. Amir then faced the long bumpy road to redemption. Khaled Hosseini’s novel the Kite Runner is about sinRead MoreThe Kite Runner by Khaled Hosseini1313 Words   |  5 Pagesis not unique to just J.K. Rowling. Khaled Hosseini also incorporates life experiences into some of his novels. A prime example of this is The Kite Runner. The storyline of this novel reflects his past to create a journey of a young Afghanistan boy, whose name is Amir. This boy changes drastically throughout his lifetime from a close minded, considerably arrogant boy to an open hearted and minded man. This emotional and mental trip is partially based on Khaled Hosseini’s own life. Throughout Hosseini’sRead MoreThe Kite Runner By Khaled Hosseini1908 Words   |  8 Pages​In the novel, â€Å"The Kite Runner†, written by Khaled Hosseini, was taken place in Afghanistan during the 1970’s to the year of 2002. Many historical events happened during this time period and Hosseini portrayed it into his novel. Kabul, the capitol of Afghanistan, was a free, living area for many Afghanistan families to enjoy the life they were given. Until one day, Afghanistan was then taken over and attacked. In the novel, Amir, the protagonist, must redeem himself and the history behind his actionsRead MoreThe Kite Runner, by Khaled Hosseini871 Words   |  4 Pagesthat person is trying to fix that mistake. This also applies to the novel The Kite Runner. The story revolves around the main character Amir, and his childhood friend, Hassan. After Amir came to America with Baba, his father, he still regrets the things he had done to his childhood friend. He left Hassan getting raped by Assef in a small alley in 1975. Thereafter, Amir always feel regret and seeks for redemption. Hosseini -the author, argues that redemption can be achieved by helping others, teachRead MoreThe Kite Runner By Khaled Hosseini2522 Words   |  11 PagesIn The Kite Runner, Khaled Hosseini creates an awareness and humanization of Afghanistan as a nation and as a culture. Throug h a postcolonial perspective, the main character, Amir resembles the internal conflicts and external tribulations that a country and its citizens’ face when living in a war-torn region. Postcolonial criticism offers a unique perspective by highlighting the destructive events that lead to death and misery, rather than glorifying the exploratory nature of colonists as they

Marketing Executive Skills Free Essays

Axiom steel (PVT) Ltd is a privately owned steel re-rolling firm which consists of three units and is located within the industrial zone at the outskirts of the city. Two of the firm’s units are automatic which produce wire rods whose end users are the wire electrode manufacturers. The third is a manually operated unit producing reinforced steel, the end use of which is for construction purposes. We will write a custom essay sample on Marketing Executive Skills or any similar topic only for you Order Now The Chief Executive Officer, who is also the owner of the firm, sits at the firm’s head office which is located 25 kilometers away from the production units in the heart of the city. Axiom Steel is currently facing all time huge losses, which the CEO thinks is due to the firm’s production planning deficiency, under /restricted use of the firm’s capacity and ability poor marketing strategies.   The CEO thinks he needs a good marketing individual who can market his products and can bring business to the company and only then can the company survive, other wise the firm is heading for a shut out which can result in not only a dented reputation for the owner business loss but also several individuals who are related to the firm, losing their jobs. After through screening and interviews,   the firm hires a new individual at the post of assistant manager marketing whose main goal is to identify the loop holes in the company’s marketing and planning infrastructure and boost sales by formulating proper strategies thus helping Axiom Steel mills, which now poses to be a sinking ship. The newly appointed Assistant Manager visits the various departments of the firm which includes all three units, their production technicians, marketing representatives, quality control and the firm’s ware house. A thorough marketing strategy discussion with the individuals and after discussing results in following points being put forward for analyses:- There is no proper marketing department of the firm, the individuals that are so-called marketing people are actually being used for follow up of the orders, which are netted by the company’s CEO and then transferred to the production floor. These individuals are being paid at price which is far below the prevailing market prices for individuals working under such capacities and are working for the firm since a very very long time. A through interview also reveals that most of the marketing individuals do not posses a recognized degree in Marketing and are working on bases of sheer experience. The production planning is being done in the head office without consulting the production capabilities with the production technicians. The production planning is carried out by the CEO himself with the team he calls his â€Å"marketing team†. Since the CEO seldom visits the production mills and depends purely on the information presented to him by the â€Å"marketing team†; he is un-aware of the ground realities; often, orders are being shipped out late, which are resulting in customer losing faith and looking for other vendor options. There is a communication gap between the head office and the Mill’s Production Management resulting in delay in production planning and preparation of the orders at mill’s end. This gap is also due to the fact that the CEO held the powers to make decisions and enforce to his management. The CEO belongs to an older generation which is reluctant to learn new methods of communications such as the internet (Although the facility is available for use). The fastest method of communication for the CEO is the communication via Fax and Telex. Sales of wire rods are restricted to wire and electrode manufacturers only and thus sometimes, there came a time when the units often faced shut downs due to lack of orders! The two Automatic units which are producing wire rods are also capable of producing reinforced steel for construction but this capability is not being utilized and the units are restricted to production of Wire rods only. This is also a reason for late shipments as bottle necks are being produced and the load is not shifted from one production unit to another which is capable but not being utilized of producing the same product. The CEO is therefore correct in pointing out this issue as one of the reasons for current losses. After looking at above problems, following strategies are being proposed: The company should adopt a proper marketing strategy for its firm. This includes injecting fresh blood in the marketing team, those individuals who are capable of taking the company beyond a certain level. This means certain over hauling of the marketing machinery. The CEO must realize that if he wants the business turn over to increase; he must then look after and take care of his people well†¦ In fact a policy of profit sharing should be introduced where the marketing individuals are given a certain %age of commission over their efforts to bring new business to the firm. If not, then the rate of payment must be increased for the individuals who have lost motivation in working for the company because of the poor compensation for their work. There should be a separate production planning department whose specialization should be the planning of order executions at mills. These individuals will provide the correct idea to the marketing individuals and the CEO regarding the timeline of orders from raw material stage to the shipment Ex-Factory. Each marketing individual should be provided with at-least a desktop computer work station with internet facility and designated individual email IDs which they lack today. This will help the marketing individuals to concentrate on marketing and transfer order execution information from their firm to the customer. Internet excess will also help the marketing people to search for new potential markets and fetching customers, also not to forget faster communication The CEO must realize that if he wants the business to grow, then he must delegate authorities to the individuals working under him as with the increase of business, a phase will come where he cannot handle things on his own. The CEO must introduce a layer of Management which includes Top Management consisting of himself and his reporting General Managers, Middle Management of Managers and Assistant Managers reporting to the GM and the work staff that will be reporting to the Middle Management. This delegation of authorities and creation of Management chain will not only help in quicker decision making but also in fluent transfer of orders from top level to down. These are the points which are basics for an improvement in the marketing structure and in the communication and centralized decision making problem which the marketing department is facing within the firm. These together with a few production related issues highlighted above, if addressed will result in better performance. If successful, more recommendations for improvement will be forwarded for perusal.          How to cite Marketing Executive Skills, Essay examples

Marketing Executive Skills Free Essays

Axiom steel (PVT) Ltd is a privately owned steel re-rolling firm which consists of three units and is located within the industrial zone at the outskirts of the city. Two of the firm’s units are automatic which produce wire rods whose end users are the wire electrode manufacturers. The third is a manually operated unit producing reinforced steel, the end use of which is for construction purposes. We will write a custom essay sample on Marketing Executive Skills or any similar topic only for you Order Now The Chief Executive Officer, who is also the owner of the firm, sits at the firm’s head office which is located 25 kilometers away from the production units in the heart of the city. Axiom Steel is currently facing all time huge losses, which the CEO thinks is due to the firm’s production planning deficiency, under /restricted use of the firm’s capacity and ability poor marketing strategies.   The CEO thinks he needs a good marketing individual who can market his products and can bring business to the company and only then can the company survive, other wise the firm is heading for a shut out which can result in not only a dented reputation for the owner business loss but also several individuals who are related to the firm, losing their jobs. After through screening and interviews,   the firm hires a new individual at the post of assistant manager marketing whose main goal is to identify the loop holes in the company’s marketing and planning infrastructure and boost sales by formulating proper strategies thus helping Axiom Steel mills, which now poses to be a sinking ship. The newly appointed Assistant Manager visits the various departments of the firm which includes all three units, their production technicians, marketing representatives, quality control and the firm’s ware house. A thorough marketing strategy discussion with the individuals and after discussing results in following points being put forward for analyses:- There is no proper marketing department of the firm, the individuals that are so-called marketing people are actually being used for follow up of the orders, which are netted by the company’s CEO and then transferred to the production floor. These individuals are being paid at price which is far below the prevailing market prices for individuals working under such capacities and are working for the firm since a very very long time. A through interview also reveals that most of the marketing individuals do not posses a recognized degree in Marketing and are working on bases of sheer experience. The production planning is being done in the head office without consulting the production capabilities with the production technicians. The production planning is carried out by the CEO himself with the team he calls his â€Å"marketing team†. Since the CEO seldom visits the production mills and depends purely on the information presented to him by the â€Å"marketing team†; he is un-aware of the ground realities; often, orders are being shipped out late, which are resulting in customer losing faith and looking for other vendor options. There is a communication gap between the head office and the Mill’s Production Management resulting in delay in production planning and preparation of the orders at mill’s end. This gap is also due to the fact that the CEO held the powers to make decisions and enforce to his management. The CEO belongs to an older generation which is reluctant to learn new methods of communications such as the internet (Although the facility is available for use). The fastest method of communication for the CEO is the communication via Fax and Telex. Sales of wire rods are restricted to wire and electrode manufacturers only and thus sometimes, there came a time when the units often faced shut downs due to lack of orders! The two Automatic units which are producing wire rods are also capable of producing reinforced steel for construction but this capability is not being utilized and the units are restricted to production of Wire rods only. This is also a reason for late shipments as bottle necks are being produced and the load is not shifted from one production unit to another which is capable but not being utilized of producing the same product. The CEO is therefore correct in pointing out this issue as one of the reasons for current losses. After looking at above problems, following strategies are being proposed: The company should adopt a proper marketing strategy for its firm. This includes injecting fresh blood in the marketing team, those individuals who are capable of taking the company beyond a certain level. This means certain over hauling of the marketing machinery. The CEO must realize that if he wants the business turn over to increase; he must then look after and take care of his people well†¦ In fact a policy of profit sharing should be introduced where the marketing individuals are given a certain %age of commission over their efforts to bring new business to the firm. If not, then the rate of payment must be increased for the individuals who have lost motivation in working for the company because of the poor compensation for their work. There should be a separate production planning department whose specialization should be the planning of order executions at mills. These individuals will provide the correct idea to the marketing individuals and the CEO regarding the timeline of orders from raw material stage to the shipment Ex-Factory. Each marketing individual should be provided with at-least a desktop computer work station with internet facility and designated individual email IDs which they lack today. This will help the marketing individuals to concentrate on marketing and transfer order execution information from their firm to the customer. Internet excess will also help the marketing people to search for new potential markets and fetching customers, also not to forget faster communication The CEO must realize that if he wants the business to grow, then he must delegate authorities to the individuals working under him as with the increase of business, a phase will come where he cannot handle things on his own. The CEO must introduce a layer of Management which includes Top Management consisting of himself and his reporting General Managers, Middle Management of Managers and Assistant Managers reporting to the GM and the work staff that will be reporting to the Middle Management. This delegation of authorities and creation of Management chain will not only help in quicker decision making but also in fluent transfer of orders from top level to down. These are the points which are basics for an improvement in the marketing structure and in the communication and centralized decision making problem which the marketing department is facing within the firm. These together with a few production related issues highlighted above, if addressed will result in better performance. If successful, more recommendations for improvement will be forwarded for perusal.          How to cite Marketing Executive Skills, Essay examples