Ford Motor Company in the UK - Free Essay Example

Sample details Pages: 19 Words: 5727 Downloads: 3 Date added: 2017/06/26 Category Transport Essay Type Research paper Did you like this example? Henry ford was the founder of the ford motor company in 1903 with very few people working in it earlier days as established And later as the years of hardship from 1903-1920 ford was trying to make its name in the united states by manufacturing new models in the market. As the years past ford became one of the best car company in the united states and later gradually entering into the global market in the economical world and becoming one of the most trusted automobile industry in the world. This company had its own vision, mission and values as rest of the other companys did which helped this company to judge its own performance which in common business term is known as our vision, our mission and our values. Don’t waste time! Our writers will create an original "Ford Motor Company in the UK" essay for you Create order Henry fords vision was to make the company worlds leading in the automative lines in both its in products and its services. His mission was to make the company a globally diversed with great honour and pride in the top lists with totally committed people working with them. And lastly the values were to do excellent things for the people taking into consideration the environment factor in the world of science and also to keep up with their customers satisfaction. Ford dint only found the automobile company he also was the innovator of the assembling of the car manufacturing system. He introduced the way to manufacture new cars in a short period of time thus saving the time factor in world of business which made the ford company one of the king of highlights in the earlier days and even today. In addition to this part from automative lines ford the enterprenuer also had made a great changes in the working hours of the workers, he started to make the company run full day by making shifts for the workers which helped in making a good profit for the company. Well talking about the ford motors in united kingdom as the chosen topic by myself the research made by me showed that ford motor company is at the top five best selling company in this country over the past years making its place in the peoples mind over the years. Some of the names of the models over here are Ka, Fiesta, Fusion, Focus, C-Max, Mondeo, S-Max, Kuga, Galaxy. Talking about the organizational sectors this company plays the role as public sector as it is globally established and the main reason of mine behind chosing this organization is that as we all know that ford was the first car company in the world to come up with automation and also adopted new innovative ideas in its field for example introduction of new way of assembling the car,change in daily working hours system, which encouraged me to take up with the project as the enterprenure of the company Sir Henry Ford is known for his new invovative ideas that is active manufacturing,assembling and the way he handled the business structure og his orgnisation in which I will also gain loads of knowledge in doing the project. (https://www.ford.co.uk/AboutFord/CompanyInformation ) (https://entrepreneurs.about.com/od/famousentrepreneurs/p/henryford.htm) (https://www.confused.com/featured-articles/motoring/car-insurance/the-best-selling-car-brands-in-the-uk-3287012318) Task 1 b) As in recent years recession had badly effected most of worlds major as well as other companies right from banking to educational sector of organization, most of the companies went in loss but there were some few companies which survived in this crucial environment. Ford motor company was also one of the victim of the resesion period in which the company had to go throw loss for a certain period of the time like GM or Chrysler, bmw etc and as a result of this the company had to really do some great thinking and had to go thr ow some of the reenginnering processes which would helped them to overcome the current situation. The critical and anylytical thinking of the companys people working under them made up its new plans and strategies in such a way that The company could even survie in the crucial situations like recession and crisese situation and be its best among all the other compititors. Some of the major changes of the company were their marketing, introduction of new type of car in the market, customer services offer etc. So as a result of this Ford took the iniciative to walk alone in its way as there were other compititors also facing the same problems nad this one wanted to be different from the rest once, as said above some of the examples off the major strategies of planning they had taken was in terms of Strategic marketing planning :- The marketing process applies the same for all companies as advertisement. The ford motor company had to restrucrture its advertisement policy in or der to gain the more number of customers for example:- eco friendly car like ford fiesta with less co2 emmision etc they had to come up with new form of advertisement which the people will get attratted too better than the rest of the others by adding the feature or the pillars of its quality,eco friendlyness and safety point in the minds of the people.the company not only have to telivesion advertisement they had to tpo online advertisement also, pamplets advertisement with load of of creativity in it.Ford had to also expand its business towards the different regions of the globe as a result of the highly skilled marketing strategies. Introduction of the new cars:- The company had to find new ways in terms of production of good quality of cars with improved engine, good performance, and with great satisfaction of the people for this the company had to introduce good types and variety of cars right from the economic to the high class people. And the company mainly made the mar ket in the most of the Europe countries inlcluding uk,usa etc. For example:-te car ford fiesta fr economic people with features of high class cars with low carbondioxide emission by sacrificing little bit of its performance.great design with stylish looks of royal cars,qualitative pats with maximum protection towards them. And also ford focus which made highest sale in uk as per the survue made by me personally going to the most of the londons showrooms and also by surfing net. Ford galaxy Montero were some of the cars which were for hight class people with all the features in it which helped them to take up the market of the company even in the crises. Some of the pasrts improverment like dashboards of the car, engine upgradation,etc really helped the company to cope up wtj the situation with the following cars. https://www.oppapers.com/essays/Strategic-Planning-Ford-Motor-Co/455254?read_essay bettere customer services:- as we all knowe that seving customers is th e first priority of any of the company Ford has always been execellent towards their customers right from the first the research made by me showed that the company had to make some necessary arrangement in maintaining their customers and also to give good services to their customers.for example introduction of online purchase of cars from one place to another and also within theier area. If a person wants to buy a car he he has no time to see the car personslly he will just go to throw the website c the car features his range wise select the car and book the car and pay online this lead to increase of online customers also and saved their as well as ompanies time inturn the company people use to also call the customers up time to time for their satisdfaction report etc. Task 1 c) Ford Motor Company Ford Motor company marketing innovative ideas customer satisfaction Task 1 d) The tool which I would like to take to Describe the strategies of the company will be great ly done with swot analysis. As we all know that we can measure the strengths , weakneses,oppurtunities and threats of any particular company and come to a conclusion towards the companys working structure. Coming back to the topic from my point of view I would like to give some pointsa and explain them in brief of the swot anaylsis. Strengths: According to the survey made by me me the major strength of the ford motor company is its goodwill as it was the first in its own to manufacture automobiles, another is that it has made a largest sales in Europe as per the survey made by me. The website designed by the company also comes in the lime light for the attraction of the customers, the quality of the products, its globaly estailised market also plays a very important role,the technology they use is higly profilled. For example :- as we all no that ford was the first in its own to produce a car it has its own name in the market inspite of gradually falling down in the market in back 90s n tahan increasing its sales back to great extent in the market in the coming years. Say if I want to buy a car I will see throw its previous history its name in market, its management skills in market etc and than take a decision to buy the car this all will be strenghgs weaknesses : Starting of the weaknesses about the company it was seen that the company went throw a oug profit in the inicial stages than went in severe loss as the competitor were doing really great on its own side. Due to some unknown diversity factors the company had also lost its focus in someof its lines. It had also sold out some of its collibrating companies such as jaguar and landrover at earlier stages which the other competitor took the advantage of making sale of this one less.it had also lost its management structuring for some point of time by removing the . Opportunities: The major parts of expansions the company wil b going is thorw making of good and efficient in fuel car eng ines in the upcoming years, also to produce a car working on solar energy that is sun and also some hybrid cars in future, some collibration with some of the major companies in the world, try to manufacture cars at lowest price possible with same quality nad also to take the manufacturing units in low cost countries like india Africa etc.lending charity to was also one of the advantures of the company. Threats: Some of the factors which effected the success of the company were the changes in the prices of fuel and government structure in the parts of us.,te change inn the currencies,recesion hitting it badly over a long period of time made to bag the investors on its parthreats https://www.mba-tutorials.com/marketing/342-ford-motors-swot-analysis.html Task 2 The term marketing in general refers to advertisement of the any of the given product to the customers / audience so that they get attracted towards it. And marketing strategies refer to the plans made out to reac h the goals that is the people by various ways such as collibration, television, media etc.. Coming towards the topic ford motors have taken the marketing polices/ strategies as five p that is 1) product 2)price 3)promotion 4)place and 5) process 1) product:- When talking about the product of ford motors they are designed from consumer point of view that is taking into consideration the quality, efficiency etc of the product, It may be from car to the service points of view. The company desingns its product with the standard of quality what their customers demand throw the research made by them. Each and evert part of the ford cars are designed uniquely. For example :- the cars of ford may vary throw the customers like galaxy which is build for higher class people where as festa for economy people, it also wants to manufactuer a car which will work on solar system in future. Some ecofriendly cars with less fuel effiecincy etc. Ford also likes to tgarget theier their c ustomers throw their likes for example its mergeing with the football teams as they know throw the research that most of tehn people watch football and throw which they can promote their cars. 2) price:- The price of ford cars varies according to the taste of their customers as they design the models according to the customers point of view taking into consideration their tastes, fords price range starts right from economic to high class rates such as galaxy, mondeo which are high class cars of very high rates and featured with best of the luxuries in it whereas cars like fusion tec are for the economy people who cant afford to buy other luxurious cars in it. 3) promotion:- Promotion is one of the biggest thing which all the other companies to as regards to familiarizing their product to the public.ford has revised the theories and done very inovately the promotion of its cars. They have used the technics like television, local newspapers, internet etc to advertise its p roducts happily, thorw their research they have also noticed that loadz of the people watch football so tehey did sponsorship with one of the very good team in football that is UEFA and astarted doing their advertisement with them when the mactches add use to come 4) place :- The company have taken this point into consideration the most it sees where its car sales will be going high, it is targeting those arears where the cars will be sold very fast like Europe countries etc.. where ford is in the top 3 position in salling its cars. its colliberation with football teams also makes it globally recogonised as football is a globaly seen match by the peopleas a result many people from many countires like this brand as it reaches the different places. Ford has its manufacturing plants and many of its showrooms in Europe almost more than 100s and more tan 80s in the Asian countries. 5) process:- Ford manufacturing processes refer to the upcoming improvement processes in its own field like its colliberation with other big companies like range rover and rolls Royce in its lates helped them in making its own status in the market, their sponsherhip with the football team UEFA also helped them up in the same and made its cars favorite to the viewers, other improvements like making up eco friendly cars and solar system cars are also in process which made good publicity of the company. This lead all ps lead to the marketing of the companies cars. www.thetimes100.co.uk/download-summary The advantages and disadvantages of these are:- 1)By using the five ps there comes good publicity of the product. For example Seens ford is sponsherer for the football team many peope watch sports so whenever there will be break theyl put their adds thus making its publicity nad gaining customers 2)Helps in easy understanding the customers and thier demand for the product. due too the research made by the company people from different pales and having iots plant and showrooms in different places of the world they can very well know where there is more sales an all and better unbderstand customer needs what they want etc. 3)helps in maintaining good relations with others. seens there are colliberation and sponcership propgrams adopted by the company with other major companies like range rover and rolls Royce , UEFA it helps to maintain healthy environment in the market. 4) increase profitability of business loads of colliberation with major and the good companies increased the profit of the company since there were people getting attracted towards them. Disadvantages Lots of cost involved Since there is colliberation of major companies there is loads of coast iknvolved in it. 2) Risk factor increases due to the large cost involved there is no gurantee that the business will make a gian only so there is a risk factot involved. Task 2 (b) Stakeholders are the people behind the hold of the hole organsiation they may sometimes not be actively taking part in the day to day working of the organistion. There are many types of stakeholders internal and external stakeholders. The major people involved in the develpment of ford motors are Indivisual customers , Employers, institutional investors 1) Indivisual customers :- Here the customers in the sense common people invest in the companies shares and company inturns give them some percentage of profit in doing so,the company utilizes this peoples money in expansion of its business and do some other projects which will help in companies expansion. 2) Employer:- employers come under the internal type of stake holders, the companies CEO, managers , people working in the company all come under this category, All this people help in the development of the company in all the senses that is right from marketing to saling of its cars and products and also responsible to give services to its customers. 3) Institutional investors:- major in stitutional investors of ford motor compaant are a) Evercore Trust Company, N.A. which invests in the ford company and helps them to carry on their business. Evercore is a national trust bank which is subsidiary of evercore partners who provides investments to the othet companies and get some benefit son it Another example of such type of investors is: (b)State street Corporation which also invests billions of money in the ford and hel[ them in expansion and development plansand get some profit from it (c)one more same type of functional investor is Alliance Bernstien LP which also does same function as the above investors. https://investors.morningstar.com/ownership/shareholders-major.html?t=F Task 2 (c) Ford has adopted new types of strategies right from the time it was born and perhaps has been adopting it for its improvement and development of the company. Recently ford has adopted new stagtegy of making less number of vechiles in the market in the com ing years and will deal more with the parts sharing with the same ford logo to other auto companies worldwide and making its products globally established as the company feels that it will be bring a good deal to them. They dint say that they will stop producing cars but they will produce cars but less by 40 percent as it use to produce. Ford has also planned to increase the sales of its colliberated companies that is of land rover and jaguar in the coming years side by side and also have planned to look after the sales of volvos in the market. The stakeholders over here will really play a hero role as the company will need loads of money investment in making of the parts and its didribution to the other companies and aslo in the publicity of the cars like land rovers etc,. there will be ought investment invoved as the ford itself will be manufacturing royal types of cars in his name. Task 2 (d) As it will be quit a tought job for the senior management to conveince the e mployees as we humans at starting dont like to change in simple terms resisitance towards change senior level should explain the benefits in regards to the plan in doing so, they should first give explaination of the idea to the managers of what are the advantages involved in it,where will be their position in the coming years after imploimentating the idea than also tel him the disadvantages like there will be less work of production as a result less employment but they should not remove any instead they should shift them in another department from production to sales or else in some another so that the workers are also happy and the company is also with healthy environment. As a result the manager in turns should pass the information to its employes and explain the benefits and help he company in implementing the idea. https://www.caranddriver.com/news/car/07q3/top_ford_execs_outline_new_strategy-car_news Task 3 (a) The term vision mission statement, values and objective of the company can be defined as follows: (a) Vision: it is the permanent direction in which any of the company should go which are put forward for better understanding. If suppose I am opening an organization and there are some people working under me so I should put in their mind the vision of mine company that is where the company should reach after certain period of time. (b) Mission:- It is the temporary thing or the work what the company is going to do and where it should reach. if suppose I have a company and also have a vision and have some work to be done it is my mission to complete it within that given time. (c) Values: It is the culture to followed and gained from the company in simple what the company will provide you.and also the gradual feeling got by the people from the company. for example if I join working in a company it will have its own values like (d) Ojectives:- In short it is the goal put forward by the company. The terms can also be explained from companies point of view that is :- Vision :- The companies vision is to be on the top most position on the globe in regards to te production of its products and its services. Mission:- Its mission is to provide excellent services and products worldwide as it is globally diversed company. Values:- most importantly to do good thing and in very good way to its customers, their society and our environment. Objective:- the companies objective is to produce quality products and services to the world and to maintain its goodwill in the market by serving its customers. Task 3 (b) Shortly explaining the stratagies that I have chosen for the organistion is the further expansion of the ford motors by introduction of new types of cars that is eco-friendly solar system cars , the company wants to concentrate more on the production of parts and services to its customers and also some colliberation with some major auto companies. So the vision and the mission st atement plays a key role in such matters. Both this factors that is vision and mission statement will help in implementing this idea in a very developed way.the vision will help the company to cope up with their strategies that is mentioned above and the mission statement will help in the completion of the strategies taken. Here the information also plays a great role along with the vision and the mission statements as it is essential for better understanding the above both statement and aslo helps in effectiveness of this. Task 3 (c) Defination of organizational culture A pattern of shared basic assumptions that the group learned as it solved its problems that has worked well enough to be considered valid and is passed on to new members as the correct way to perceive, think, and feel in relation to those problems. Edgar Schein(https://www.organizationalculture101.com) And the definition for the ethical values is : The term ethical values refers to the ideas or the va lues bought in the persons behavior towards working of the company and in himself in the organization. Coming towards the second part of the question that is the fords culture after meeting them personally I came to a conclusion that the ford culture is very formal the way they address their customers, seek their advises and do something or the other for the betterment of their customer, serving their customer is the main purpose of the organization. The dress code in the company is also very formal for everyone working for them as its a multinational company. ethical values of this organization are also some what similar to the culture of the company it is implimantation of the cultural activities of the organization what ideas are learned by the people working and what the customers gain after lokking at the people and also the services provided by the organistion. Dagenham Motors Ilford (micheal manager of the showroom) Task 3 (d) Explain the terms core competencie s and critical success factors. State whether these are necessary to the success of the organisation of your choice.   A core competency is fundamental knowledge, ability, or expertise in a specific subject area or skill set. https://searchcio-midmarket.techtarget.com/sDefinition/0,,sid183_gci214621,00.html In simple it is the ability of the company success from the beginning towards its operational work and so on. Even the other companioes cant be in its term, this things come right from the start of the company till its working. The critical success factor is : Critical Success Factors  (CSFs) are the critical factors or activities required for ensuring the success your business. The term was initially used in the world of data analysis, and business analysis. https://rapidbi.com/created/criticalsuccessfactors.html that is it is always necessary to have critical success factors as it is very much necessary for the success ofrthe organization. In general this two factors that is core competence and critical success is very much necessary as it is required for the success of the company without it the company cannot give good performance its For example if ford company has its own way of thinking for its growth and expansion plans and they they are totally unique from other companies that is first factor and will surely come up with a good thing and do it a slo very well with customer satisfaction. And they also need some activities that will help them in implementiong some of their plans easily that is the second factor. Task 4 (a) The ford has gone to a drastic change it its own as it has introduced more fuel effiecient engines with great quality without compromising their customers expectation that is speed/power as there was a price hike in the fuel rate and also some government changed the price of the raw materials as a result there was a price hike for almost all parts inspite of this external force ford kept its promisree by giving good quality cars and parts at reasonable rates and also giving their customers fuel effeiceint cars and also eco friendly cars which use to work on batteries (BEV) and also some of thems on solor system for making this types of changes ford had to go thorw many things like cooliberation with other part makers so as to produce parts for them at a cheaper ratesof good quality. Ford had made recent changes in just 1years back . it focused more on the sales of the economic cars such as focus which was one of the best saling car in Europe and thus saving the economicy of the company. https://media.ford.com/article_display.cfm?article_id=30571 Task 4 (b) As explained briefly in the earlier part that is 4 (a) as the recession had hit most of the major companies ford was also the victim of the same but ford had bravely survived in that condition even now when fuel prices and government had changed the compny had to suffer a great lose but instead of that be cause of its qualitative management ford invovated some new ideas like introduction of new type of cars which work on batries and also someon the solar power, it also introduced cars with low fuel effiecy without compromising the customers demand thus saving its market in the company and gaining back its trust in the global market not only this it also calibrated with some of the parts making company for that period to produce parts for them at a cheaper rates than what they do and thus made their parts making business of the cars successful. For exaxple:- ford launched the car focus,fiesta etc with ga skid solution in it improveds its market in the market and thus this plan of the company was very much effective. Task 4 (c) The major fuctional area effecting the ford motor company I would say will be its Research and development (RND). manufacturing area. marketing strategies. I have selected this areas because I feel this three are equally responsible and also the most important player which are crelated to each other in making the company reach at that height even after so many difficulties like recession, change in government rules, hikes in fuel prices etc. Research and development (RND):- research made by the people working under this company helped the company to fight the current situation in the market as the companys researchers informed that it need to develop its existing products like converting its cars to fuel efficient cars, collaborations with the football teams so as to attract its customers as they made a research that most of the people like football so this type of research helped them to handle the situation in a great ways. Manufacturing area (MA) :- MA because it manufactured really good quality cars in the market over the years as they promised their people,their manufacturing unit also worked very hard to cope up with the market and as a result manufactured good car like eco-friendly cars, solar system cars etc. Marketing startegies :- ford marketing strategy by advertising its cars to the public throw various means of communications the most widely used was internet in Europe countries nad television by collebrating with some football teams thus gaining its consumers . they very well knew what te people watch more throw the research team so they targeted those areas and made their market a very good and the strongest. Task 4 (d) As said discussed earlier the three functional areas that is the research and development, manufacturing area and the marketing have been internally correlated and equally contributed in the development of the company as the three stages went in a line as researchà  manufacturingà   marketing . (this is explained in above point 4(c) ) The advantage was that thois company came up first with such type iof innovation in the automation as a result it had a name in market, good investers, helped the company to have name in the market by providing g oodwill. Task 5 (a) The research personally made by me shows me that the timetable plays a very important role in implementation of the strategies or the plans of the business as it makes the other people understand the work to be done, in what time it should be completed, how should be done in details etc. it also gives the information to some of the important people in the business such as shareholders,investors in the business etc. According to the ford they had said that they wil be making ecofriendly cars, solar system cars in the year 2007 and than they implemented the plan by making proper precision, plan , accurately and than giving its copy to the people involved in it like shareholders, investors etc. so that they get the clear view of the company where it will reach till the year 2010 and what they will benefit from that etc. timetable prepared helps in better understanding the business and helps to follow up with the routine. This timetable can be produced by on e of the member of the company as giving all the brif details in it and than circulating it to the people involved in it. Task 4 (b) In general the reseach showed me that ford had made the decision of making ecofrindly cars in the year 2007 as they had made an research and found that there will be fuel price hikes in future, scarcity of fuel, pollution etc will effect their market so they decided to do such type of cars which are fuel efficient etc. as the strategy was kmade in the year 2007 they had made a timetable that they will out in the market again till the year 2010 with new technology cars, in the mean time they concentrated on their present cars by increasing their fuel effieciny in the market which thhier customers will ilike they also till that made a marketing strategy of advertising their products right from start of the production so that the people get attracrted towards them.for example cars like focus which were made with fuel effeiciency. Colliberation with major companies like land rover, rolls Royce etc plans were included in the TT. Task 4 (c) Once implemented how can the effectiveness, efficiency and economy of an organisations strategy be evaluated? Once the plan is executed in the market the effectiveness and the effieciency of te organization can be calculated by its acceptance of its product by the customers, the research made from their database can it self show that how many cars have been sold in the market how many people like the services of this company what were their reviews in the market thus making the company globally accepted. the economy of the organistion can be also easily calculated by making a small research in the showrooms and also throw the people throw internet or the personal interviws taking by going to their customers home Economy can be very well judged throw the sales of its companys product in the market. Task 4 (d) According to my opinion I feel that once the strategy has been choosen it should always be monitored or been checked till the time it is fully suceesfull because there is ough amount of investment in it, lots of expectation from the people etc. If you want to change the strategy it should be done before implementing it other wise it will create a bad impression on the customers of the company and also other people like shareholders investors of the company . for example :- if i have a one small clothing shop in goa and I have made a plan that I want to make it whole over the goa by opening at least 10 shops in goa within 5 years, here I should make explain to my dad what is my idea since he is the decision maker ( invetor/shareholder ) and than see that the planned is going on in a healthy condition and also see that the plan is on the right track and reach the mine demand.

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As time goes on, new and improved technology is developed in the mass media industry for communicating and entertainment purposes. As mass media continues to grow andRead MoreMass Medi a Usage813 Words   |  4 PagesEssay Media Usage Mass media has become a powerful tool in shaping our culture, and is largely reflective of our society today. According to our text book and class lecture notes, mass media can be loosely defined as the technological vehicles through which mass communication takes place, along with the industries which control them. Over the years, mass media, has had a profound effect on American society, on its culture, and on the individuals exposed to the media. Mass media effects people differentlyRead MoreInternal And External Influences That Help Shape Businesses871 Words   |  4 Pagesinternal and external influences which help shape businesses. The NSW government has All business decisions about how and what to produce are affected by the environment in which the business operates. Successful business managers have a good understanding of the environment in which the business operates. This allows them to respond positively to changes that take place and prepare for the impact such change s will have on their business operations. It is through these influences which shapes a business’sRead MoreHow Does Globalization Affect Cultural Traditions in the Arabic Communities?923 Words   |  4 Pagestrade, business and communications together. The problem is the culture that is dominate is the West, many people feel to be globalized means to do everything like America and the West. Ira Rifkin in his book, Spiritual Perspective On Globalization define globalization how different religions and traditions understand it, include Islam which is the religion many Arabs follow. In his opinion, globalization on cultural level is the spread of the influence of West culture, which he calls western

Racial Identity And Access For High Academic Achievement

Racial Identity and Access to High Academic Achievement Modern research identifies race as a cause for educational attainment disparities; despite this conclusion, researchers have not yet ascertained a definitive reason why students of minority races have lesser academic achievement when provided the same economic opportunities and environment in which to learn as white students. Several hypotheses assert that the inequalities must be due to racialized peer pressure and unjust teacher interactions or different racial expectations to which minority students and white students hold themselves. In her article â€Å"Studying While Black: Trust, Opportunity, and Disrespect,† Sally Haslanger asserts that blacks are denied access to equal opportunity for knowledge based on racial discrimination and the resulting ego depletion of black students; she states that unjust epistemic exclusion is the cause for the education gap between blacks and whites. In â€Å"It s Not A Black Thing : Understanding the Burden of Acting White and Other Dilemmas of High Achievement,† Tyson, Darity, and Castellino argue that black culture encourages black youths to uphold stereotypes and underperform in school so as not to be the target of racial bullying. If a black child were to achieve highly in school, they would be, in high school culture, â€Å"acting white,† which may cause peers to bully them. Generally, this study says that cultural norms may influence race differences in education but does not holdShow MoreRelatedAn Analysis Of The Model Minority Stereotype1676 Words   |  7 Pagesintelligence and education; Jews are shrewd and miserly. What is unique about stereotypes concerning Asian American are the comparatively positive connotations compared to other ethnic and racial groups. Asian Americans are what is known as the model minority. They are considered to have strong work ethic and high intelligence and are the successful minority group (Beyond mo del minority status 19). While being the model minority sounds flattering and beneficial on the surface, it can alsoRead MoreUnderstanding The Family Dynamics, And School Preparation917 Words   |  4 Pagesvariables that influence student achievement, I agree with Dr. Sampson that attitudes and behavior is perhaps the foundation for achievement outcomes. Common practices such as parents helping with home-work and properly supervising children are referenced as key supports for academic success. Other strengths of Dr. Sampson arguments include the critical assessment that community organization, families and schools need to collaborate in effort to foster greater academic achievement in students. By acknowledgingRead MoreJohn Ogbu s Oppositional Culture Theory1325 Words   |  6 PagesJohn Ogbu’s oppositional culture theory explains racial differences in educational performance by looking at the societal structures of minorities. Ogbu uses case studies which he looks at the affluent neighborhoods that represent oppositional culture. There are several explanations as to academic disengagement among certain minorities. He also looks at white academic efforts and explanations of their own disengagement. According to James Ainsworth-Darnell and Douglas Downey, they state that, â€Å"ImmigrantRead MoreAffirmative Action For College Admissions990 Words   |  4 Pagesthe life experiences of black, Latino, and Native American students. The impact of race on their lives af fects their learning and puts them at a disadvantage socially, economically, and psychologically. Secondly, they argue that factors that assess academic competence, such as grades, standardized test scores, and course loads, only test the skills that students gain based on the amount of resources that are available to them; minorities tend to have less resources. Thirdly, they point out that a diverseRead MorePhysical Maturation B : Cognitive Development And Schooling1406 Words   |  6 Pagesthinking about them. Adolescents build up personal fables that affect their immunity and uniqueness to harm. Student’s performance is affected by less intensive instruction and less time spent in classes. Academic performance is depending on socioeconomic status, race and ethnicity. Web access will have both positive and negative points. There are several reasons for drop the school such as problem with languages, pregnancy and economic status. Adolescents use drugs for pleasurable expe rience toRead MoreSocioeconomic Inequality Between White Students And Minority Students1605 Words   |  7 PagesEducational inequality is attributed to economic disparities that often falls along racial lines and much modern conversation about educational equity conflates the two, showing how they are inseparable from residential location and, more recently, language.Educational inequality between white students and minority students continues to perpetuate social and economic inequality. Throughout the world, there have been continuous attempts to reform education at all levels. With different causes thatRead MoreCulturally Responsive Teaching : An Emerging Field1509 Words   |  7 Pagesdifference is the single largest difference in U.S. schools and also the most neglected. The goal of Culturally Responsive Teaching is to provide an equal opportunity for all students to learn in school, regardless of their gender, social class, ethnic, racial or cultural characteristics (Banks 2005). Ladson-Billings (1994) suggest that the historic failings of educators in educating non-white students is that educators attempt to insert culture into education rather than insert education into the cultureRead MoreThe Key Elements Of Educational Opportunity Essay1322 Words   |  6 Pages Hammond recognizes this and after presenting her concerns, she postulates that to achieve a greater democracy we must continue to work to â€Å"equalize access to educational opportunity†(H ammond 2010) by focusing on â€Å"five key elements: Meaningful learning goals...Intelligent reciprocal accountability systems...equitable and adequate resources...Strong professional standards and supports...Schools organized for student and teacher learning.† (Hammond 2010). Although well intentioned past federal reformsRead MoreAsian American And Asian Americans964 Words   |  4 PagesMany Asian Americans take great pride in a strong work ethic and an equally strong value system in terms of educational achievement. This cultural legacy stems from a long tradition of Asians coming into America as immigrants since the 19th century. During this time, there are third and fourth generation Asian Americans that have adopted the principles of a quality education and strong work ethic as part of being of Asian descent in a primarily white Anglo-American population. Culturally, many AsiansRead MoreA Study of Factors Contributing to the Lack of Success and Participation of African American in Males in Advance Placement Classes1538 Words   |  7 Pagesbrief review of those factors that contribute to the academic achievement gap between African American males. A sample of 25 8th grade, African American, male students from Dent Middle School will be identifyied as participates for the research. Although there has been research written about the achievement gap between African American and their counterparts, the literature is limited regarding strategies tailored specifically to address the achievement gap between African American males. Participant’s

The Fundamental Forces in Nature - 1110 Words

The fundamental forces in nature have been around for centuries. Tying everything together many scientist and physicist have came about to help with the theories of these fundamental forces which include gravitation, electromagnetism, strong, and weak forces. Physicist like Maxwell, Newton, Fermi, Chadwick, and Kepler, have made a strong impact on how people see the world today. These fundamental forces are what goes on in everyday life and what we still see till this day. The point we are going to get to are the coming about of these theories and how they are seen in the outside world and also in physics. In my paper I will be splitting up how the scientist/physicist came to contribute to the fundamental forces and how each scientist came to contribute to the coming and discovery of each force. In the second part of the paper I will be describing how each force strong and weak are used in nature. These topics will help anyone in the search for information on the topic of forces that came to be due to physics. History of the fundamental forces In 1605 Kepler published the laws of â€Å"planetary motion† which included 3 laws. First law was that every planet is an ellipse with the sun. Second a line segment connecting a planet and the sun sweeps out equal areas during equal intervals of time. Lastly the third law which states that the time it takes for a planet to orbit the Sun increases rapidly corresponding with the radius of the planets orbit. These laws came to help theShow MoreRelatedThe Pursuit of a Theory of Everything1237 Words   |  5 Pagesdescribes the fundamental building blocks of matter not as individual point-like particles, like electrons, but immensely small strings of energy (Duft). Different particles result from different vibrating patterns of the fundamental strings. When calculations are performed assuming our universe contains more than three dimensions, the mathematics is consistent and highly precise (Kaku). Supposing that this theory is shown to be experimentally valid, then all matter and natural forces could be tracedRead MoreThes Equations Of The Universe1749 Words   |  7 PagesIsaac Newton, famous for his equations of the forces of the universe, has been put to the test by Einstein himself. Although Newton has found the numbers and equations to describe gravity and the way nature is, he has not figured out how it really works. Einstein noticed this, and learned that space, gravity, and time work together like a Spiral Wishing Well. He says that space is flat with no matter, but when there is matter, like the earth, the fabric of space warps and curves. One must imagineRead MoreThe Pursuit of a Theory of Everything1489 Words   |  6 PagesA belief in the unifying principles that underlie all natural phenomena was first articulated by Aristotle, who proposed all matter stems from the four elements of nature: earth, air, fire, and water (Duft). The search for such principles has since evolved considerably, yet the firmly rooted interest in a fundamental un ification persists. Unification is defined as attempts to explain several principles according to one definition or equation. This process occurs in all areas of science, from biologyRead MoreYin Yang s Influence On Human Body Being Dealing With Health Issues1633 Words   |  7 Pagesbut the two forces of nature are complementary halves(having nature of change) as a whole. Yin Yang can be experienced daily in our day to day lives, example night and day; giving and receiving; man and woman and so on. In China, people handle opposites as mutually dependent or complementary but they perceive the west as confusing. Yin Yang in the west focus on three elements: Firstly that Yin and Yang is a condition in which there is two opposite but interdependent and related forces. Their interactionRead More Locke Vs. Locke Essay examples1174 Words   |  5 PagesLockeamp;#8217;s state of nature, meaning it was present since the beginning. quot;Thus labor, in the beginning, gave a right of property, wherever anyone was pleased to employ it upon what was common, which remained a long while the far greater part, and is yet more than mankind makes use of.quot; (Locke, 27). In order for property rights to exist, they must be recognized by other individuals through the act of mixing physical labor with nature. The most fundamental and natural forms of the propertyRead MoreMilitary Science: Irregular Warfare Essay1230 Words   |  5 Pages(COIN) and terrorism. Resources such as time, space, legitimacy and support present themselves as key issues in dealing with insurgency and terrorism and are leveraged by an insurgent or terrorist group to gain an advantage over conventional military forces. Modern day understanding of insurgency and terrorism has become blurred over time and thus it is necessary to make the difference between the two clear when examining strategies used in irregular warfare. Alex Schmid defines terrorism as: ... anRead More Atom Essay561 Words   |  3 Pagesthe fundamental forces that govern interactions between particles and energy of the universe. The electromagnetic force arises from matter carrying an electrical charge. It causes positively charged protons to attract negatively charged electrons, and hold them in orbit around the nucleus of the atom. This force also causes closely packed protons in the nucleus of the atom to repel each other. This repulsion is over by the second fundamental force, strong nuclear force. Strong nuclear force bindsRead MoreThe Standard Model Of Particle Physics1489 Words   |  6 PagesWe all live in a complex universe and human is curious about by nature. What is the world made of? This is an enormous progress era that allows humans to find some answers to their curiosity. And string theory is the recent attempt of humans to answer this curiosity. Our basic science would explain to us that the world is made of matter. This ordinary matter is made of atoms which is composed of the basic components, electrons which are around the nucleus,a nucleus that is composed of neutrons andRead MoreThe Behavior and Study of Particles Essay1499 Words   |  6 Pagesamong the fundamental constituents. (abyss.uoregon.edu) There are over two hundred subatomic particles that have been detected by the super collider, but not all of those are fundamental, meaning that they are all the same, have no shape, and cannot be broken down into something smaller. These fundamental particles include electrons, and quarks. These fundamental particles are the most basic and smallest unit of matter that has yet to be discovered by scientists. The two most fundamental particlesRead MoreThe s Equations Of The Universe1401 Words   |  6 Pages Isaac Newton, famous for his equations of the forces of the universe, has been put to the test by Einstein himself. Although Newton has found the numbers and equations to describe gravity and the way nature is, he has not figured out how it really works. Einstein noticed this, and learned that space, gravity, and time work together like a Spiral Wishing Well. He says that space is flat with no matter, but when there is matter, like the earth, the fabric of space warps and c urves. One must imagine

Slavery During The Civil War Essay - 1140 Words

Slavery has dependably been the most stunning wonders of our reality. Slavery, independent from anyone else appears to be exceptionally unnatural and incites blended sentiments from the heart of every individual. A few people are relatives of those who used to be slaves years prior. Some confronted slavery even in the contemporary times. What s more, a few people do not comprehend the likelihood of one individual considering another person its slave. Slavery, by definition, is the primary authentic type of misuse, under which a slave alongside various actualizes of generation turns into the private property of the slave proprietor. At the end of the day slavery changes an individual person into a thing or even some sort of customer item. These spectacles have done a ton of mischief to millions of individuals, taking without end lives and pulverizing the destiny of the general population who could have been upbeat. It is basic learning that slavery was disposed of with the end of the Civil War. The South was discharged from the load that made the slavery to stop and that began crushing the partialities concerning the color of skin. These days, it is as of now history. Throughout the paper, the topics that will be discussed is a life of a slave on how they were mistreated, the Emancipation Proclamation, and lastly Lincoln most famous speech; The Gettysburg Address†. Working extend periods of time, whipped to death, starved, and broken spirits all portray a slave. SlaveryShow MoreRelatedSlavery During The Civil War1159 Words   |  5 PagesThe Civil War, occurring between the years 1861 and 1865, was a devastating effect of sectionalism caused by the division of the country on the topic of slavery. Slavery impacted every aspect of the country, whether in the North or the South, though primarily in the South; major impacts were in the politics and economy of the early country ways which inevitably caused the Civil War. Slavery was the focal point of the economy in the South, this inthrallment was the fuel for the agricultural SouthRead MoreSlavery During The Civil War989 Words   |  4 Pagesthe foul seeds of slavery in American soil. Quickly, slavery would spread like weeds throughout the colonies, and became significantly important to the South. According to the Constitutional Rights Foundation, â€Å"Before the Civil War, nearly 4 million black slaves toiled in the American South.† However, during the late 1800s, many American citizens began to contemplate the mortality of slavery, thereby causing the states to divide. Although the North was for the abolition of slavery, the South defendedRead MoreSlavery During The Civil War Essay1728 Words   |  7 Pages Eighteen century was a time period when slavery took deep roots in the New World. Slavery institution deeply affected and shaped the United States in the way we know it now. It affected all aspects of an American society: politically, economically and socially. Slaves were the ones who worked on large plantations, harvesting the crops, taking care of houses, fighting for an American independence, and gave the white people a leisure time to improve their knowledge and exercise political powerRead MoreSlavery During The Civil War1571 Words   |  7 PagesSlavery, defined in Webster’s dictionary as the â€Å"condition in which one human being is owned by another†, was a heinous crime against humanity that was legal and considered a normality in America from 1619 to 1865. In 1865, the Union won the Civil War against the Confederates and declared that African American slaves be emancipated. Before their emancipation, African American families were split up, never to see each other again. Their rights of political and social freedoms were also stripped awayRead MoreSlavery During The Civil War Essay1761 Words   |  8 PagesThe idea of slavery in early America began when African slaves were brought to the newly settled North American settlement called Jamestown in Virginia in 1619, to help in the cultivation of cash crops as tobacco. Slavery was practiced all throughout the colonies in the 17th and 18th centuries, with the abundance of practically free labor provided from the enslaved African-Americans helped pave the road of economic foundations in the newly founded nation. With the invention of the cotton gin in 1793Read MoreSlavery During The Civil War1751 Words   |  8 PagesFreedom. Independence. Liberty. Slavery in America began as early as the 1600’s when the colonists began settling in Jamestown. Originally, slavery was merely a small system of labor, meant to aid the production of crops and help build the economic foundations of the New World. The concept of slavery differed from place to place and from person to person. Some believed that owning another person as a source of free labor was just, wanting to extend the idea of slavery. Others thought the labor systemRead MoreSlavery During The Civil War1900 Words   |  8 Pageslifestyles, abolitionists from north were against slavery and advocated emancipation to slaves in the south. Slavery may not have been the only factor that sparked a disagreement between the north and south but it certainly had an influence on states decisions to remain or leave the Union. The conflict of slavery has been an issue as early as the American Revolution but it became a serious problem around the 1850’s and during the Civil War. The impact slavery had on the Union can be seen in events suchRead MoreSlavery During The Civil War Essay1754 Words   |  8 Pages‘Modern’ slavery in America began in 1619 when the first wave of slaves, were brought from Africa to a North American colony in Jamestown, Virginia. From 1619 to 1807 (when The Act Prohibiting Importation of Slaves was made) according to the Trans-Atlantic Slave Database 12.5 million african were shipped to America. Prior to this slavery had existed as early as 1400 in europe. In America their sole purpose was to facilitate the production of lucrative crops such as Tobacco and cotton. By the 18thRead MoreSlavery During The Civil War1636 Words   |  7 PagesThe Reasons that led to the Continue of Slavery in Virginia When Englishmen arrived at Jamestown they found a great land for farming. A few years later when the Englishmen decided to settle down at the new land, they grew a high-grade tobacco at the Chesapeake . It did not take long time for settlers to understand that they could pay their fines, debts, and taxes with tobacco, so they started to grow tobacco everywhere. In order to support economic growth and luxury living, EnglishmenRead MoreSlavery During The Civil War1908 Words   |  8 PagesThroughout the 1800s in America, slavery was a controversy between the north and the south. A Slave was one who was the property of another human being under law and was forced to obey them. The North felt that slavery was unfair and inhumane, whereas in the South, they felt as though slavery was crucial to their success. African American slaves were not allowed many rights: they were not allowed to testify in court against a white person, could not receive an education, or even sign c ontracts

Ethical Issues and Treatment Of IKEA Samples †MyAssignmenthelp.com

Question: Discuss about the Ethical Issues and Treatment Of IKEA. Answer: Ethical issues faced by IKEA Unethical treatment of truck drivers Truck drivers who distribute IKEAs goods to the stores in employed by haulage companies in western Europe were found to be living in cabs for several months at ago. The drivers mostly those from foreign nations were being paid less than 3 pounds a month, an amount which cannot even sustain them in their native countries(www.ikea.com, 2017). The lack of time to rest from work was prevalent and the drivers even spend a continuous period of 4 months working. Furthermore, they were made to cook and eat at roadsides as they sleep in the cabs because nowhere else could be afforded. Lack of access to water and toilets for sanitation is inhumane. All these conditions were against the European Union stipulation. Accidents were common as a result of fatigue and demotivation. Several legal actions have been taken by some drivers, human rights bodies, unions and native companies and the process are defaming the company together with losses being incurred as fines for damages. Selling of meatballs of horsemeat IKEA was found to have failed in its oversight role of finding out the authenticity of their meatballs. The occasion was followed by withdrawing of the meatballs from the market and the cafeterias only after one batch was found to contain horsemeat. IKEA ay a big brand lost a large portion of its market by the loss of trust. The company itself did not want to sell contaminated meat but was found to have neglected to its role of delivering quality to the customers. Spying on employees IKEA France was locked in a scandal of spying on employees and customers. The issue was linked to the top executives and raised eyebrows across a wide range of stakeholders. The human resources department obtained police files of employees and the customers and even hired investigative firms to source the information illegally(danielsethics.mgt.unm.edu, 2017). The company went ahead to give out sensitive social security and bank information of the employees to the investigative firms acting against privacy terms of employment. Dealing with the ethical issues raised The company formulated the following values to resolve the ethical scandals(inter.ikea.com, 2017). Leadership by example. A constant drive for renewal through innovation. Enthusiasm and togetherness. Consciousness with costs. Striving to provide a practical solution based on realities to create, make and develop decisions. Willpower and humbleness drive respect for each employee, the customers, and the suppliers. Being daringly different has created a great will to change. Acceptance and delegation of responsibility promote co-workers' potential the help stimulate their expectations and even surpass them. Simplicity by using straightforward and easy going approaches to deal with people, solve problems and provide solutions to challenges. Staying on track by reviewing today's operation to identify which one will be done better in the future through new ideas and operations. IKEA has formulated and implemented a sustainability strategy to encompass people and the globe. The companys long-term strategic objectives are directed toward the environment and the community. One of the strategies is the idea to increase its consumption of renewable energy. The goals are achieved in parts as short-term goals(inter.ikea.com/en, 2017). IKEAs key stakeholders according to power, legitimacy and urgency and their ethical treatment. IKEA aims to be more transparent to the stakeholders by providing regular and frequent disclosures about the progress of the company. Employees The company has developed training programs together with codes and policies which guide ethical conduct. The company holds series of employee events regularly as a form of appreciation. In this program, the total sales facilitated by employees are divided among the employees globally. In a move to show its values to the employees, the company never calls the employees as such but recognizes them as co-workers regardless of the position they hold in the company(Penman, 2007). Uniforms are provided free of charge including a yellow IKEA polo shirt. During recruitment, the company looks for those who will share I the company's values and visions. The values are created with the view of likening employees to kids who need simplicity, thrift, responsibility, and humility. These are the values that must be held by potential employees so as to be selected. The company has also set up a strategy to understand employees views in the workplace. Employees are supported in their personal sustai nability goals through training and development. IKEA has strict laws against corruption and outlines how employees will act on the occasion of questionable situations. An established trust-line helps the co-workers report concerns to the firm. Suppliers The company has not overlooked the suppliers in its ethical conduct. It poses the most ethical risk for the company. Most of the business of IKEA is the purchase of materials, products, and services. The company has developed a robust code of ethics and branded it as the IWAY which means the IKEA way(Moon, 2014). The code outlines the expectation of the company for the suppliers. Any supplier who is found to violate the IWAY just be dropped to be a supplier no more. Suppliers are required each to assign a person to be responsible for ensuring compliance with the supply code with unconditional yearly audits(www.ikea.com, 2017). Sub-contractors are also expected to comply with the codes contract. The IWAY outlines the working conditions of suppliers employees to a maximum of 60 hours a week. Responsible and sustainable sourcing of wood products must adhere to forestry standards and regulations to be accepted (Ehrgott, et al. 2011). The community IKEA aims to create better lives for the customers and the community at large. Partnerships with organizations such as UNICEF and Save the Children funds the construction of schools and provides educational material. They also address the issue of empowering women and child labor. IKEA widely advocates for the rights of children and business principles outlined by the UNICEF. Some partnerships have been initiated to support social entrepreneurship. Sustainability actions involve the use of certified forest stewardship and paper products. Household furnishings are made of renewable, recyclable or recycled material. IKEA is currently investing in solar and wind sources of energy to reduce the use of non-renewable energy which has long-term adverse effects on the environment(danielsethics.mgt.unm.edu, 2017). References Inter.ikea.com/en, 2017. News. [Online] Available at: https://inter.ikea.com/en/media/news/ [Accessed 24 09 2017]. Inter.ikea.com, 2017. Inter inea annual report published. [Online] Available at: https://inter.ikea.com/en/media/news/2014-inter-ikea-group-annual-report-published-/ [Accessed 24 09 2017]. Matthias Ehrgott, Felix Reimann, Lutz Kaufmann, Craig Carter, 2011. Social sustainability in selecting emerging economy suppliers. Journal of business ethics, 98(1), pp. 99-119. Moon, J., 2014. Corporate social responsibility. Journal of Business Ethics, 54(4), pp. 323-337. Penman, S., 2007. Financial reporting quality: is fair value a plus or a minus?. Accounting and business research, 37(1), pp. 33-44. University of New Mexico, 2017. Ikea pdf. [Online] Available at: https://danielsethics.mgt.unm.edu/pdf/ikea.pdf [Accessed 24 09 2017]. www.ikea.com, 2017. About the ikea group. [Online] Available at: https://www.ikea.com/gb/en/this-is-ikea/about-the-ikea-group/ [Accessed 24 09 2017]. www.ikea.com, 2017. Key figures. [Online] Available at: https://www.ikea.com/gb/en/this-is-ikea/about-the-ikea-group/key-figures/ [Accessed 24 09 2017].

Ambiguity Aversion and Household Portfolioâ€Free Samples to Student

Question: Discuss about the Ambiguity Aversion and Household Portfolio. Answer: Introduction: The purchase of any item or assets in belief that it can produce maximum benefits or income in near future is called as the investment in general terms. In economics, goods are purchased to use them in the near future not in present conditions to generate maximum income or money is called as the investment. Residential, non-residential, human capital and inventory are some types of investments (Bodie et al, 2014). The technique of risk Management which includes different varieties for investment within any portfolio is called as the investment diversification. The reason to select investment diversification in economics is that different varieties of investments within any portfolio will produce higher returns on an average basis and also low risks associated with it as compared to investments which are done on individual basis within any portfolio. The diversification for household assets can be measured using the Gini Index. This index has been preferred for household diversification as it has both statistical and theoretical properties for the analysis and also all findings will be done by comparing equality diagonal with the Lorentz curve (Gaudecker and Von, 2015). Further, it measures all household distribution by directly comparing across population using certain specific weights. The index can be measured using the formula as, The households during the diversification can also be classified into various components like superannuation, vehicles, business value, home value, bank accounts, trust funds, cash investments, equity investments, other assets value or insurance policies. From all these, bank accounts, superannuation and equity investments shares the largest part in households investment portfolio (Macours and Vakis, 2014). The household suffer various risks during the investment like health risk, expenditure risk or income risk associated with labour market. Further, there are several other factors as well which determines investment risk for the households like age, net worth, income, occupation, social interaction, living place, and educational attainment. The household assets which are constrained with liquidity and who have more income or net worth have more chances to diversify their investments. The demographic factor like age will also affect diversification as increase in age will increase investment diversification factor and with less risks (Fransen and Mazzucato, 2014). The relation between social interaction and educational attainment will also enhance chances for more diversification in the investment and also reduces chances of risks on the investment within portfolio. If there is less investment on different assets, then there will be more chances of risks associated with household investment and will affect diversification of household assets. Further, the risk or returns for every household will be different and will depends on different categories like their income, net wealth, employability, age, living place and many more. Corporations: From the economical perspective, it has been found that diversification has certainly increased the borrowing capacity for most of the companies and corporations all across the globe. There are carious drivers which are associated with the corporate diversification like investment efficiency, productivity, financial constraints, and information asymmetry or agency conflicts (Hartzell et al, 2014). The diversification in corporations will provide more opportunities related to investment and capital funding. The corporations who are looking to expand their business operations and market share will be mostly affected by the diversification. The diversification enables corporations to transfer their capital for different financial projects at expenses of other financial resources. These also reduce risks associated with cash flows and provide more access for the credits in order to enhance business operations. The diversification in corporations has enhanced cross pledging effect which certainly provides more finance for the companies to invest in order to enhance business operations (Junior and Funchal, 2013). The various empirical studies also define the investment advantages and different financial resources for the corporations from the diversification factor. It has also analysed that different credit constraints has also enhanced efficiency to allocate internal resources of finance in case of extreme harsh market conditions. The diversification will help in such cases to the companie s to provide advantages of investment and at the same time also enable the corporations to allocate resources on more cost effective projects rather than on projects which are less efficient. Further, diversification in case of corporations can be defined in two stages that are on the basis of Herfindahl index and on the basis of segments which are associated with the corporations. The Herfindahl index is mainly sum associated with percentages for net revenues on the reportable segments associated with the corporations (Najeeb et al, 2015). If there is one segment then the indexs value will be one and these provides its closeness to zero for the corporations which are more diverse in nature. The corporation diversification defines negative relationship among growth opportunities and leverage. These also provide more growth opportunities for the corporations which have high leverage. The companies which are large in size have high diversification level and bankruptcy risks are also low which provides more credits facilities for such corporations (Damodaran, 2016). If corporations have not enough credit facilities then there will be more chances of bankruptcy resulted in lower degree level for diversification. Tangibility resources of corporations will provide more chances for diversification and reduces debt characteristics of the corporations in order to provide maximum leverage benefits. Government: It is the responsibility of the governments to protect funds of the public and also to manage publics investment for achieving all investment objectives for liquidity, return and safety. Generally, if more risks associated with investment portfolio then there will be more opportunities for better returns. The Management for risks needs to be done effectively to achieve all objectives of the investment. Diversification is the medium which can be efficiently used as strategy to manage all the risks associated with the investment (Government Finance Officers Association, 2016). Government needs to implement targeted risk profiles which include constraints or objectives of investment, risk tolerances, current risks or liquidity requirements for the market. This type of profile helps to create framework to make all investment decisions on individual basis which reduces market risks and establish required structure for investment portfolio. Further, appropriate risk profile will help the government to determine diversification level. There are various risks associated with diversification related to government like interest rates, credit risk and liquidity risk (Dimmock et al, 2016). These risks can affect various business operations and other loan rates which can affect both the households and the corporations. If the interest rates for loans will be low, then there will be more chances for individuals and corporations to take loans so that can effectively invest on various objectives. Conclusion: From the above discussion, it is evident that the various government policies are affecting the diversification level for both households and corporations. The bank rates needs to be reduced in order to enhance more investment opportunities for households and corporations as these will also create lower risk level for various financial activities. The various external factors like inflation or globalization may also affect the level of diversification. It is also observed that if there will be more investment then there will be more chances for more returns due to diversification and also reduces risk levels associated with different financial resources. References: Bodie, Z., Kane, A. and Marcus, A. (2014) Investments, 10e.USA: McGraw-Hill Education. Damodaran, A. 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