Analysis Of Gwynne Dyer Anybody s Son Will Do - 1312 Words

There are a number of tasks and basic provisions which are very important for the whole nation. One can easily get what it could be, but surely it belongs to the natural and social interests of the whole nation. Security and freedom are the key basic necessities of the nation, and for the survival of a nation there are a number of tasks which are done by the army / forces of the country. This also includes a variety of tasks which are considered as disgusting by ordinary people. In Gwynne Dyer â€Å"Anybody’s Son Will Do† These US Marine Corps socialize their soldiers through a hard well training course of two months called boot camp. They enable their soldiers to fight in their own self-respect while establishing the attitudes of group†¦show more content†¦The main focusing point of army to produce the best soldiers is their training. The selection of soldiers in their teen age years is the best policy for almost all the countries. Through these teens cognitiv e development it is very easy to train them according to army’s agenda or we can say that their mind can be easily washed as according to U.S Marin Drill Instructor â€Å" I guess you could say we brainwash them a little bit .â€Å" (Pg. 2) Armies could also train the older but old age people could be trained physical and it is very difficult or it could be said that it is impossible to train them mentally or forced them to change their likes and dislikes according to the army goals and agenda. That is the major reason of choosing the soldiers less than 20 due to physical fitness, activeness, lack of dependents and economic dispensability it is more suitable to put them on the main track of army. As according to British Army Recruiting Advertisement: â€Å"There is discipline. There is drill†¦.when you are relying on your mates and they are relying on you, there’s no room for slackness or sloppiness. If you are not prepared to accept the rules, you are better off where you are†. In my opinion the army controls a soldier’s body during the training process of their carrier. During this

Contribution Of Health To Economic Growth Economics Essay Free Essays

The linkage between wellness status and economic activity has been debated several times in the yesteryear, and this issue became even more of import in the last few old ages. This relationship is instead complex. It has been already recognized that increased national wealth is linked with betterment of wellness at single and social degree. We will write a custom essay sample on Contribution Of Health To Economic Growth Economics Essay or any similar topic only for you Order Now Furthermore, it is clear that improved wellness status has an consequence on economic activity and extent of economic growing. Several surveies in high- , middle- , and low-income states examined this linkage. These show that a important displacement in paradigm is discernible. Harmonizing to the new paradigm wellness was non considered as a pure byproduct of economic development, but as a cardinal factor and basic status for economic growing. This manner puting in wellness became a nucleus portion in many states ‘ development schemes and policies. At European degree the purpose of a competitory and dynamic cognition based community was set, enabling sustainable economic growing, invention and a stronger social coherence. The issue of part of human capital to economic growing was the footing for several treatments and analyses. Until now instruction was considered as the chief constituent of human capital. In the context of the neo-classical theory, economic growing is dependent on the undermentioned factors: stock of capital, stock of labour and productiveness. Productivity was considered in the first clip as a factor affected by outside forces. Subsequently on this point of position changed by looking at the investing into human capital as a possible beginning for heightening productiveness and invention. A research of Becker ( 1964 ) was based on the human capital formation. Harmonizing to him an addition in human capital raises the person ‘s productiveness. It is reached through investing into instruction, developing and wellness. The function of wellness as another of import constituent of human capital next to instruction was introduced by Grossman ( 1972 ) . Grossman constructed a theoretical account where the demand for wellness was applied in human capital theory. Grossman differentiated wellness as a ingestion good and as a capital good. In the instance of the ingestion good people practically enjoy their well-being and good wellness status. When looking at wellness as a capital good it reduces the figure of yearss spent badly. This manner it enhances the figure of productive on the job yearss and yearss spent for leisure activities. In this context wellness is non merely consumed ( enjoyed by persons ) , but produced at the same clip as good. Persons can put into wellness to keep and better it over clip. The theoretical account of Grossman received critics as good, but remained a cardinal theoretical account of analyzing the demand for wellness. Figure 1: Factors act uponing wellness and results Beginning: hypertext transfer protocol: //europa.eu.int/comm/health/ph_determinants/healthdeterminants_en.htm Figure 1 represents factors finding the wellness position at single and at society degree, and different channels through which wellness contributes to economic activity. On the left side factors are presented impacting wellness of persons: genetic sciences ( inherited ) life style, instruction, wellness attention and other socioeconomic and environmental factors. Many exogenic factors impacting the wellness position can be influenced by public policies. On the right side different ways are presented through which wellness exerts a direct consequence on economic results. When analyzing the linkage between wellness and economic growing the feedback of income on wellness should be taken into consideration excessively. Marmot ( 2002 ) provinces there are two ways of through which income influences wellness status. On one manus higher income can hold a direct affect on stuff conditions holding a positive impact on biological endurance. On the other manus higher income positively influences societal engagement. Therefore, persons have better conditions to pull off life fortunes and heighten the feeling of security. Based on Figure 1 there are four chief channels or mechanisms where the consequence of wellness on the economic system is explained. Labor productiveness Peoples with a good wellness position can bring forth more within a defined clip interval. Higher productiveness is arising from better physical and mental wellness. Furthermore, persons with improved physical and mental position can utilize engineering more efficient and they are expected to be more flexible excessively. Labor supply The direct consequence of wellness on the labour supply is non obvious in some instances. Good wellness status reduces the figure of ill yearss spent, therefore increasing the figure of productive on the job yearss. In this sense it influences determinations on labour supply every bit good, because of its impact on rewards and expected life-time. In the instance when rewards are connected to productivity a healthier worker can bring forth more, therefore heightening rewards and this manner the labour supply. On the other manus a better wellness position enables higher lifetime net incomes increasing the hazard of earlier backdown from working. The decision can be drawn that these effects are based on single penchants. Based on this wellness can impact the economic system in a similar manner as wellness affect single penchants. Education Based on the theory of human capital more educated people can make higher criterions in footings of productiveness and net incomes. With a good wellness persons can accomplish higher educational making lending significantly to future productiveness. Capital Formation The cardinal point here is, whether the effects of wellness at the micro degree are successfully applicable at macro or state degree, in footings of GDP and growing rate. The mentioned theoretical theoretical accounts already assumed that there should be a positive relationship. Now analyzing several empirical surveies the necessary grounds can be collected to do more accurate judgement sing this relationship. In first line, historical surveies contributed significantly to the research of this issue. Robert Fogel was considered as the innovator of the historical survey attack. These surveies examined the part of wellness to economic growing over a longer clip period ( 1-2 centuries ) . Fogel ( 1994 ) found that the development in wellness and nutriment resulted a 30 % addition in income and 1.15 % per capita in the instance of the UK, within two centuries. Researchers paid less attending to the part of wellness to economic growing in the instance of high-income states. Just a few surveies were made finding the impact of wellness on growing specifically. Some of them found even a negative relation between wellness and economic betterment, but this was chiefly due to the usage of imperfect wellness indexs and the institutional policy model for these states. Despite the few negative consequences wellness still remained as a robust determiner for economic growing. The most normally used placeholders for wellness are life anticipation and grownup mortality. Knowles and Owen ( 1997 ) made a research on 22 high-income states utilizing life anticipation as a placeholder for wellness and found an undistinguished relationship between wellness and economic growing. The consequences were adjusted by Tompa ( 2002 ) , where he stated that the undistinguished result of the survey was due to limited variableness of life anticipation within the chosen sample of states. More important consequences were achieved by Beraldo et Al. ( 2005 ) . He found that investings in wellness consequence a 16-27 % addition in growing rates. The work by Suhrcke and Urban ( 2005 ) followed a somewhat different manner by utilizing other indexs. They used non-communicable diseases as a footing to analyze the impact of wellness on growing in high-income states in a better manner. More specifically, cardiovascular disease ( CVD ) was used as a placeholder for wellness. 26 high income states were taken as a sample in the clip period of 40 old ages. Consequences showed that CVD is a robust index in the instance of high-income states. A decrease of 10 % in CVD resulted an addition in the growing rate of per capita GDP by 1 per centum point. The consequences of empirical surveies show that merely appropriate factors enable the accurate scrutiny of the relationship between wellness and economic growing. The best indexs are life anticipation and mortality rate, but in add-on CVD is good every bit good, because it shows more variableness among high-income states than life anticipation does. Furthermore, mental illness and other morbidity indexs for rich states are suggested by Tompa ( 2002 ) . How to cite Contribution Of Health To Economic Growth Economics Essay, Essay examples

Strategic Management Value Creation

Question: Discuss about the Strategic Management for Value Creation. Answer: Introduction Business strategy helps in creating plans for the achievement of goals and objectives of a firm (Henry, 2011). Paradise group is Singapore based chain of restaurants(Paradise Group, 2017). These restaurants specialise in good ambiance, food and creating a feel of Singaporean brand and culture. Therefore, a sound business strategy for the company would help in assessing its strengths and weaknesses. Paradise group is a known chain of restaurants and has a reputation of serving good food with proper ambiance(Paradise Group, 2017). However, the firm should not be lax in its business strategy. It needs to improve and implement its strategic planning process. Strategic planning gives orientation to the firm to achieving its objectives. For proper strategic implementation a firm should have a specific vison and mission statement which propels the firm ahead (Hill Jones, 2012). Vision of Paradise group is to become an international chain of restaurants offering oriental cuisine(Paradise Group, 2017). The mission is to provide customer value and customer satisfaction. The firm is doing well in creating a niche for itself in oriental cuisines(Paradise Group, 2017). However, for achievement of its vision of becoming an international diners choice, the firm needs to assess its strengths and weaknesses (Hiriyappa, 2013). Strength of the firm is the ambiance of its restaurants and the quality of service. This needs to be further enhanced through removing weaknesses like inadequate employee training. Increasing tourism to Singapore from across the globe is big opportunity for becoming international dinars favourite. However, competition is also equally growing. Therefore, the firm should aim on assessment of competitors strategy (Steiner, 2010). Major competitors of paradise group are Tung lok Group, Ding Tai fung and Crystal jade group. All these restaurant chains specialise in oriental cuisine and try to serve high quality food(Paradise Group, 2017) Tunglok group is one of the leading restaurants in Singapore and has a well trained staff and interior decoration to impress the customers. Ding tai fung has won various awards in customer service. Crystal jade has a much larger international presence and has its restaurants in Hong Kong, Indonesia and some other countries (Timeout, 2017). Paradise group needs to incorporate proper training of employees to match the competition(Ress Paul, 2014). It also has to think about further expansion globally. BCG matrix classifies a companys business units into four categories based on its market growth and market share (Thompson, 2010). Paradise group has to assess whether its restaurants or menu items have become dogs. Disinvesting such menu items is important. The competitors of Paradise group like Tuglok group or Cristal Jade have global standards restaurants and they discontinue menu items which show declining trends. Similarly paradise group also needs to disinvest such items. Paradise group needs to analyse whether the new restaurants opened by the firm which show question mark type of trends need to be developed further or divested(Ferrel, 2012). Paradise groups major competitor Cristal Jade opened restaurants in neighbouring countries which had initially low growth rate but with investment the growth rate improved. Paradise group has to use similar strategy. Paradise group has to analyse which of its restaurants are attracting more customers and further invest in such restaurants. The restaurants in main Singapore have traits of stars. Similarly the city restaurants of Cristal Jade and Tunglok have high growth rate and market share. Further investment is needed in such restaurants. Paradise group should assess its highest selling menu items and restaurants with maximum cash generation and try to generate maximum cash from them. Certain oriental cuisines are extremely high selling in these restaurants and maximum cash generation should be sought from them. Through this analysis company can foresee which of its question marks and stars have potential of becoming a cash cow. Paradise group has a potential for sustained and long term growth because of its good menu and trained staff however, the firm needs to improvise and make long term strategic changes in order to become an international diners favourite(Henry, 2011). Following are some suggestions which the firm should follow for this objective to be achieved by 2027. Paradise group needs to make a global impact to become global diners favourite by 2027. For this purpose the firm can use various market entry strategies which will help it in reaching new markets. There are various methods of market entry which can be adopted. These are mergers acquisition or joint ventures (Bamford West, 2012). The most effective and easily executable option for Paradise group will be joint venture where it needs to join hands with other resurrects in the country it aims to enter. The firm can also use substantive growth strategy to gather more market share within Singapore and outside. Growth can be achieved by finding new markets to sell the products (Bamford West, 2012). For example, the firm can target kids and youth by having youth and kids specific entertainment options available in the restaurants. The firm can also use horizontal integration and acquire other restaurants in Singapore or other countries to expand its global operations(Bamford West, 2012). This will help in global recognition of the Paradise brand. Another strategy that the firm can use to become a global chain by 2027 is to use related diversification(Hiriyappa, 2013). Through this strategy the firm can extend its product line and enters into similar areas (Ferrel, 2012). Paradise group can start selling readymade food products in addition to selling the menu items. The firm can extend its cuisines to appeal more to global customer so that it can easily achieve its objective of becoming a favourite place of the global customers. The firm can also incorporate activities which appeal to tourists more. As Singapore is a global tourist destination, the firm can include events which highlight Singaporean culture so that customers can enjoy a feel of Singapore. Moreover, Paradise group can extend its services by offering supermarket services and provide off the shelf eatable products to its customers. Therefore, with proper strategic planning, Paradise group can become a global restaurant chain with excellence in customer service and delivery. Conclusion An understanding of business strategy can help Paradise group in evaluating the various strategic choices it has. With the help of business strategy the firm can assess its growth potential, competitors and external environment. This will help the firm in achieving its organisational objectives. References Bamford, C. E. West, P. G., (2012) Strategic Management : value creation, sustanability, and performance. New York: Cengage Learning. Ferrel, O., (2012) Marketing Strategy. New York: Cengage Learning. Henry, A., (2011) Understanding Strategic Management. Oxford: Oxford University Press. Hill, C. Jones, G., (2012) Strategic Management: An Integrated Approach. New York: Cengage Learning. Hiriyappa, B., (2013) Strategic Management and Business Policy. bloomington: Booktango. Paradise Group, (2017) About us. [Online] Available at: https://www.paradisegroup.com.sg [Accessed 5 March 2017]. Ress, G. Paul, S., (2014) Strategic Human Resource Management: An International Perspective. London: Sage. Steiner, G. A., (2010) Strategic Planning. New York: Simon and Schuster. Thompson, J. L., (2010) Strategic Management: Awareness Change. London: Cengage Learning EMEA. Timeout, (2017) Singapore Restaurants. [Online] Available at: https://www.timeout.com/singapore/restaurants [Accessed 5 March 2017]. Ungson, G. R. Wong, Y.-Y., (2012) Global Strategic Management. Mew York: M.E. Sharpe.