Chapter one Essay Example for Free

Chapter one Essay The balanced scorecard was developed by Kaplan and Norton in the 1990s, according to published reports approximately 50% of fortune 1000 corporations have implemented the BSC system of business management. This discourse will examine the balance scorecard (BSC) business module and its potential fit on Pepsi Saudi Arabia. It will critically analyze the core elements of BSC, and why it could serve as the primary operating business engine for Pepsi corp of Saudi Arabia. This paper will reference data from other companies that  have adopted the BSC to evaluate the potential financial and operational advantage that Pepsi Saudi would stand to gain by using BSC. Even though there are inherent shortcomings in the BSC system of management, the paper will seek confirmation by using empirical findings and reports from other organizations that have already embraced BSC, Pepsi Saudi ought to benefit immensely from the system when it is fully implemented. INTRODUCTION: The Balanced Scorecard (BSC) was developed by Kaplan and Norton in the 1990s, it  is a management system designed to measure the entire performance of a company by measuring all relevant angles of the company’s operations. BSC requires the company to retain its core financial measurement, but it goes further and expands the measurement to other important business areas. The BSC looks at the entire business from four perspectives, the customer perspective, financial perspective, the internal business process and the learning and growth perspective. It collects and analyzes data relevant to the company. And it helps managers to get clearer more meaningful picture of their company, which in turn enables them to plan, improve and execute operational goals. The objective of this paper is to advocate the adaptation of BSC by Pepsi Saudi. The strength and economic advantages of BSC and why it would be beneficial to Pepsi Saudi will be extensively discussed in this presentation. PEPSI SAUDI ARABIA: The Pepsi company of Saudi Arabia is comprised of two key divisions based on the western region of the country, one the Saudi International Project Company (SIPCO)  and the other is Saudi Fruit Juice and Beverage Industry (SFJBI). This paper will look at this merger and how it could use the BSC methodology to elevate its entire operation and increase its profit margin. BALANCE SCORECARD (BSC). Developed in the 1990s by Kaplan and Norton, balanced scorecard is a business management system that uses measurement to verify strategic plans. It tries to align business operations to the strategies of the business, by measuring the performance of the business in relations to its goals, usually for a given time period. It relies largely  on the premise that a business principle or a business function that could be measured could also be improved upon. â€Å"What gets measured gets done†. If a company can establish a measurement system to analyze its performance, then that company can find a way to improve on its performance based on the result of the measurement. Experts generally agree that the companies that take the time to measure their own performance usually does better than the companies who do no possess the tools of measurement. Based on the outcome of a business measurement BSC encourages  managers to prioritize their efforts. The BSC does not focus on financial measurements alone, because financial measurement alone can not reveal all the important data needed for long term performance. The balanced scorecard incorporates such business elements based on the customers needs, employees, technology, and other critical elements that could help the company emerge stronger in the future. Essentially BSC takes stock of the whole business. It uses the â€Å"feedback loop† to pinpoint all problematic areas and then it develops solutions  for them. Managers and employees can then learn from those points that had been identified by the loop. It looks at the company’s current position then initiates the necessary strategies for correction. It uses learning, technical innovations and appropriate behavioral shifts and cultural identities to accommodate essential actions for the benefit of the company. BSC also sets aside time to study the applications that have been implemented, and then analyzes the results for effectiveness of those mechanisms or lack of effectiveness.

Biotechnology in the Rio Grande Valley :: Genetics Biology Essays Papers

Biotechnology in the Rio Grande Valley When you get right down to it, the Rio Grande Valley is a lot like a cell. Everyone in the valley contributes to its existence, working day and night, keeping everything working. Our unique cultural blending serves as the DNA, and tacos seem to serve as our primary food source. Oh, and not to mention that the vast openness of the King Ranch serves as our cell membrane. The Valley, even though our quiet and simple life may not speak it, is well aware of the science taking place in the world around us, as well as in our own backyard. Lately, major scientific advances have been made in the area of biotechnology and medicine. People don’t always recognize it, but they are definitely feeling the ramifications of such major advancements. I like to sit down to a healthy breakfast of pan dulce (doughnuts that is). Oh, and not just any doughnuts, the ones drowned in glaze, and don’t forget about the ones dipped in pink sugar stuff that I don’t even know the name of. Yes, I might as well eat cyanide, but it makes me think. People all over the valley can’t do that. They suffer from a disease called diabetes. Oh yes, I know this disease well†¦ my grandmother lost her big toe due to that tyrant of a problem. Even my fellow youth in my Biology class suffer from it. The battle for health is not a one sided one however. Scientists have just recently mapped the human genome, and are now working on finding the â€Å"flaws† of our bodies. Once we can pinpoint the problems, or the places in our bodies, which have a hard time dealing with diseases and viruses, we can work on solutions, or cures. Just recently, I have discovered the horrors of old age. My grandfather of 81 years has a major case of Alzheimer’s. I mean, I sit on the couch and watch as the poor man tries to remember how to put a sandwich together. What once was the most simple of tasks now poses a half hour problem. It’s times like those when you realize that we all take youth for granted.

Disadvantages of the studying abroad Essay

The studying abroad is the problem of youth of Kazakhstan The most difficult for a young person is looking for profitable occupation.  «Do you speak English?  » – a question that can be heard at any companies even they are not foreign ones in our country. And if you confidently answer  «Yes, I do!  », you will be supplied with the high-salaried job. It will be good chance for you to take a place in a prestigious company and develop yourself. English language is the most important language in the world, because it is so widely spoken, it has often been referred to as a â€Å"world language†. As English is an world language, it is the very first problem to know English to make a good carrier. It is expected to know it. They think if they are taught abroad, they will be chosen without any difficulties for this or that position. This necessity leads them to abroad to study. Is it right? However, do you need to study abroad to make a brilliant carrier? Cannot we gain it studying at home? â€Å"Bolashak† is the president’s program for youth of Kazakhstan. It gives a good chance to study abroad for everyone. Even the president of our country supports the study abroad. During the 20 years, there were studied thousands of students and most of them work at the state influential companies. However, do not forget about disadvantages. For 20 -year history of the program 333 people could not complete training – mainly because of their own poor progress while getting knowledge, and 47 students of Bolashak did not return to Kazakhstan. About 300 graduates could not find work at home. Does the president want this? â€Å"Tens of millions of dollars we spend on overseas training, and thus, of course support the foreign universities. Let’s maintain ours† President of Republic of Kazakhstan Nursultan Nazarbayev President of the Center of International Program â€Å"Bolashak† Sayasat Nurbek reported about unemployment of youth of our country. According to him, about 300 graduate students â€Å"Bolashak† program could not find work at home, despite the excellent education abroad. One reason is the factor of â€Å"high expectations†. â€Å"Students come to the country and believe to take a leadership position with a big salary and an official car. Alas, the real economy demands tough enough. We need employment experience and  understanding of the industry and the specifics of this particular production in Kazakhstan. For example, college graduate comes to us, and I have not been putting his department director since he took the necessary steps to understand the specifics of the industry well even he has an excellent education.† President of the Center for International Programs † Bolashak † Sayasat Nurbek Recall, at the 9th of February, deputy of Majilis Saginbek Tursunov offered to employ graduates of † Bolashak † at the public authorities. Parliamentarian doubted â€Å"whether it is necessary to continue this program and further† as part of the students cannot find work at home. Nowadays, many people continue their studies outside of their country. They think that educations in other countries is better than in their own country. In the world, many students are continuing their studies overseas. For example; Australia, Malaysia, Singapore, China and USA are the most favorite countries to study. It is believed that the studying abroad is the most significant way to improve your world view. Also the studying abroad gives many students a kind of prestige in their home country. There are some students who want to study abroad because of the pure pleasure and excitement it brings. But living in a foreign country might be difficult at times. As I mentioned before studying abroad has advantages, however it has some disadvantages on students. Some of the disadvantages are being away from your country, spending too much money. The first disadvantage is spending too much money. As Calvin (2007) mentioned â€Å"For students who want the opportunity to study overseas during their time in college, the cost of doing so can seem daunting. According to the Education Abroad Center, studying abroad in China costs $8000. Italy? $10, 000. Paris? Up to $15,000 â€Å". Also as my friend Dosan Nursultan, student of SEGI University in Malaysia, said â€Å"The single ticket for a flight from Malaysia to Almaty costs 90 000 tenge. Return ticket is 180 000 tenge. So, not all can take liberties.† But also many students say that studying abroad is not expensive. They think, it is normal to spend that much money for studying in a foreign country. In my opinion, there is no doubt that it takes money to  study abroad. It all depends on a person, because even if person goes to a foreign country it does not guarantee that this person will have successful future in life. If person has a goal of getting education, he will do whatever it takes to achieve this goal and it does not matter whether he is studying in his homeland or abroad. On the other hand, you can travel in the world with that much money and you could have more world outlook than you would have studying. The second disadvantage of studying in a foreign country is being away from your family. From my perspective, living in a foreign country, even if it is with a host family, means you might be doing things you may not have done in your home country. These include cooking, cleaning, grocery shopping, washing clothes, figuring out transportation, making living arrangements, setting up accounts for cell phones and utilities, etc. those are just some of examples of disadvantage of being away from your family. There are many opinions, which shows being away from family is a wonderful experience for everyone and it could be a wonderful opportunity to be independent. Also, there are a lot of sit uations when teenagers where so overwhelmed with living on their own, without parent control, so they started bad habits. It is third disadvantage. For example, skipping classes, constant pub visit. â€Å"We send bachelors, but they do not suit us, because the low level of training due to the fact that English is learned in the pub, that they were not the best specialists. â€Å"Bolashakers† are different, so we basically take smart, but they are not so much, â€Å"- said Talgat Musabaev at a cabinet meeting on Tuesday. I think he wanted to say about the â€Å"independent† of our students in other countries. The next disadvantage is culture shock. The trauma you experience when you move into a culture different from your home culture. A communication problem that involves the frustrations that come with the lack of understanding; the verbal and nonverbal communication of the new culture, it’s customs and it’s value systems are only a few of the problems. The differences that people may experience include lack of food, unacceptable standards of cleanliness, different bathroom facilities and fear of p ersonal safety. In addition, you will probably have times when you miss your family, friends, food, and everything familiar. Almost everyone goes through some culture shock. When you realize that it is impossible to be at home any time you want, you will understand how difficult being away from your family is. It is a time for  learning and experimentation, and it’s also a time to build your responsibility and sense of self-direction. Overall, it’s a time of discovery and that’s why it’s easy to follow â€Å"influences†. Keep in mind that they grow up in another culture, and I am afraid they will forget their own nation, own Kazakh culture. Teenagers are easily influenced by others. The influences may adversely affect their view of the world as no parents giving them advice. Ambitious young people without life experience can join extremist communities. It is hard to resist â€Å"influences† of all sorts. Most of them are not related to violence. For example in Germany, they use Neo-Nazis music to attract young people or foreign students to join into extremist groups. That is why the parent should control their children, because you do not know what awaits you on border out of the country. The last is studying in a second language. Many people think that studying your major in another language is wonderful for everyone. There are many students who want to go to other countries to learn another language. That is not true for me because you can learn the language in your country. Also many people think that they just need to live in another country and they will learn the local language, but this is not completely true. You still need to pay attention and study. There are people who live in foreign countries for many years without knowing the language well. You have to learn some information about language when you are in high school. On the other hand, studying university is the most difficult part of education. Many people are not able to study at a university even if they study in their native language. For international student it is really hard to study at a university in a foreign country. Because of the difficulties in learning, they can keep up with the program and can complete their education. If I do not trust my ability to communicate, I would prefer to study in my country. In my opinion, the educational system in our country is improving from year to year. In conclusion, everything has two sides: advantages and disadvantages. Each of us should accept that studying abroad has good sides as well as bad one. For sure many students would get over all those disadvantages but how about others who might not be able to handle all of them. It might not be good choice to study abroad for all students. They have to figure it out before they leave their country. Otherwise, those issues would affect all your life with failure. Studying abroad is a good  opportunity to chose, but the advantages and disadvantages must be weighed very carefully before a student leaves the country.

Adoption Is Necessary For Children Essay - 940 Words

Introduction Since 1776, the United States of America has had a growing problem with orphans and childhood adoption. Orphanages become overpopulated while foster homes shelter up to 3 children on average. The foster care system has been viewed as positive reinforcement for American homes; yet the point of fostering children is consistently overlooked. Adoption is necessary for orphans, foster children, or children in abusive homes. The act of adopting a child comes with positive benefits and fiscal responsibility, such as government assistance and wiser spending. Children obtain a healthy childhood with a familiar sense of belonging. The drawback of this is the long governmental process of petitioning for adoption. Seeking the birthparents, if they are alive, retrieving consent, being fiscally responsible, and having a safe environment for the child to grow up in are all responsibilities to look forward to when adopting a child. The adoption rate in the United States of America needs to increase dramatically, as there are social benefits, mental health improvements, and economical advantages for families who adopt. Paragraph 2-Social As the transition of adoption is finished, a problem of identity arises within the child. It may be months, or even years, depending on the age of the child. Since the child has come from a different background or heritage, the cultural normal is considered different for the child. This is especially the case whenShow MoreRelatedAdoption Is Not An Expensive Process1702 Words   |  7 Pagesfour hundred thousand children without permanent families and over one hundred thousand waiting to be adopted (U.S. Department of Health and Human Services, 2015). Couples who cannot have children and are looking for ways for to have children can adopt. Children in foster care are alone and in desperate need of someone to love them unconditionally, showing them that no matter what they are wanted. Adoption is one of the ways couples can have children, through the adoption process, couples can rescueRead MoreInterracial Adoption Is A Controversial Issue For Decades Now1741 Words   |  7 Pages â€Å"transracial adoption†, is a white family bringing an African American baby into their home. However, that is not always the case. Transracial adoption means the joining together of racially diverse parents and children together into an adopted family. Many families have had the life changing opportunity of adopting a child into their home, whether the child is African American, Chinese, or Vietnamese, that has shaped the family into something even stronger. People should consider interracial adoption becauseRead MoreThe Effect Of Interracial Adoption On A Child s Racial Identity933 Words   |  4 PagesThe Effect of Interracial Adoption On A Child’s Racial Identity In 1972 the National Association of Black Social Workers (NABSW) passed a resolution, which said, â€Å"Black children should be placed only with black families whether in foster care or adoption. Black children belong physically, psychologically and culturally in black families in order that they receive the total sense of themselves and develop a sound projection of their future.... Black children in white homes are cut off from the healthyRead MoreBest Practices for Implementing Post-Adoption and Wrap Services for International Adoptive Families680 Words   |  3 PagesAdoptive Families are special; they have a desire to grow their families by reaching out to children that need homes. These families face many unique challenges, but also receive many rewards, associated with the decision to adopt. These challenges continue for many families, through the process of adoption, legal finalization, and for many years post-adoption. The challenges are different in many ways from those faced by biological parents. Adoptive parents not only face the normal challenges facedRead MoreHistory of Adoption Essay1146 Words   |  5 PagesIn today’s society, over 143 million of children worldwide are growing up without parents (The United Nations Children’s Fund, 2006). This is largely due to homelessness, wars, natural disasters, and disease which produce many unadopted children (Bartholet Smolin, 2012). Unparented children find themselves at a high-level danger of perception, deficient care, mistreatment and exploitation, and their welfare is regularly inadequately monitored. Many Children without parental care are placed in terribleRead MorePersuasive Essay On Adoption1064 Words   |  5 Pagescomplication in the war you became sterile. Military Veterans look towards adoption as a way to have children since combat injuries dont permit them to (Wax-Thibodeaux). Therefore, the costs of adoption are almost 40,000 dollars per child in the U.S. today (Kamine r). Furthermore, you have to think about the additional funds you need to raise the child after the adoption is complete. Within the year 2008, domestic adoption ranged from 15,000 to 30,000 dollars per child. Therefore, the government triedRead MoreChild Welfare And The Foster Care System Essay1623 Words   |  7 Pages000 children were in foster care, but a series of successful reforms, began with that year s Adoption Assistance and Child Welfare Act, dramatically decreased the number of children in foster care. But in the early 1990s, with the advent of crack cocaine and an economic recession numbers went back up. Child welfare advocates say the foster care system is in need of changes so that children spend less time in foster placements America’s child welfare systems needs an improvement. Some children inRead MoreAdoption Of Single Parent Households1150 Words   |  5 PagesTwo-thirds of all children in the U.S. will spend some time in a single-parent household before they’re eighteen. In fact, the amount of single-parent families has been steadily increasing in the past few decades. If single-parent households are becoming part of the norm, then why are adoptions by single men and women still facing so much scrutiny? This is a countless amount of people who are trying to adopt as a single parent that are being overlooked by the adoption agencies in favor of marriedRead MoreThe Adoption Process For Children1576 Words   |  7 PagesThe adoption process domestically and internationally has been a huge topic of controversy for years. There are many reasons why couples, and even single people choose to adopt children. Some can’t have children of their own, and some are just determined to make the world better for at least one child. Many people choose to adopt international because they feel they can make a difference for some child out there somewhere, but Some people choose a different route though, some parents choose to becomeRea d MoreAdoption For Children And Families1734 Words   |  7 PagesBethany for Children and Families offers a variety of programs, but adoption is one of the most beneficial to those in the community in both Iowa and Illinois. Bethany offers infant, special needs, domestic, and international adoption services to families. Other services offered with adoption include; recruitment, screening, licensing, placement, case management, counseling and support services to birth parents placing a child for adoption, and post-adoptive services for adoptees, adoptive parents