FedEx's HR Essay Example | Topics and Well Written Essays - 500 words

FedEx's HR - Essay Example The FedEx Team integrates a range of technological solutions, Management Information Systems, and leadership ideas to deliver quality services by maintenance of cohesion in its team and monitoring of performance levels. Use of innovative technology begins right with the collection of the shipments. FedEx ® Ship Manager Software gives a unique track record of the shipment from collection to delivery. The software also helps the company in risk mitigation during transit. FedEx Compatible Solutions Program gives, the customer, flexible shipping options linked with time and cost. White Glove Services ® and FedEx Custom Critical also provide customer specific deliverables. The company’s intellectual properties are owned, operated and protected by its IT division. The increased focus on quality deliverances go hand in hand with strengthening of the company’s human resource infrastructure. FedEx allows strategic decision making at all levels and has a well-oiled system to monitor its implementation by managing the upward, downward and lateral flow of information. Four business divisions of FedEx are integrated by a centralised IT system that has an annual budget of $1.5 Billion. 7 Habits ® training module keeps the IT team in a dynamic improvement of key skills mode. The company used the exclusive FXTV and IP multi-cast technology to keep the employees, worldwide, abreast of a change management initiative. The training curriculum in FedEx, the Leadership Evaluation and Awareness Process (LEAP) carried out in-house at Leadership Institute moulds employees into middle rung managers, sometimes catapulting them to the top echelons of the company. An Internet based program helps the employees to look up and seek company wide promotion oppo rtunities available. This doesn’t exclude company’s policy to take into its ambit, at any level, HR talent from outside. Creativity, aptitude, and to undertake

Discussing Theodore Roosevelt's views of American Nationalism and Research Paper

Discussing Theodore Roosevelt's views of American Nationalism and Imperialism - Research Paper Example By the nineteenth century, it was almost impossible to interchange the concepts of nationalism and racism. Enlightenment ideals heightened on nationalism and imperialism regardless of the emphasis on the equality and liberty of men as well as the cosmopolitan aspirations. Following the French Revolution, the republican government tries to unify all the French-speaking nations making them a single rule. This led to an aggressive campaign by the military in the Low Nations. Italian liberals on the other hand hoped to have a unified nation that would be under the Italians only and not a jumbled combination of foreign and domestic monarchs. Come the nineteenth century, there was no accord that the different species of mankind shared a common origin and that there worth was not equal. Most nations and leaders believed on the biological superiority of what was referred to as the Caucasian race and this was common with the Germanic peoples who seemed to be justified by the global colonial e mpires rise headed by the European countries. It is in the wake of this situation that this paper looks at the position taken by Theodore Roosevelt on imperialism and nationalism. Theodore Roosevelt’s came to power at a time when most of nations had adopted nationalistic and imperialistic modes as they tried to gain more territories and come up with the best military. This situation strengthened the desire of Theodore Roosevelt to construct the American race so that it becomes one that is full of ambitious, brave and hardworking men. To come up with such a race, Theodore Roosevelt’s remained open to mixing races as he believed that by mixing different races, he will be able to have men who had superior qualities than those men who were pure. Despite this position, Theodore Roosevelt also believed that there were some groups of people who he viewed as better representations of this race. He was in favor of people from the European descent as he excluded the Asians and A frican American considering them as being inferior. Some of his actions and speeches contrasted this position on race. He strongly believed and promised that people from different races were welcome and that they had the same rights as the rest of the American citizens. Early life Experience Theodore Roosevelt came from a tradition that revered the Protestant ethic, the middle class Americans. In his early childhood, he learned the ethic of the Bible and was introduced to social consciousness now that his father happened to be an avid philanthropy practitioner as well as a social worker who believed in putting in action what the Bible preached. His concern with regards to the poor was that the legislative form in pursuing to lessen the distress resulting from a new industrial and urban society. This take is evident in his progressive stance while he was serving as a New York’s Governor as well as the President. This showed that Theodore Roosevelt attitude was reverent and he pursued the highest Christian virtue ideals and opted to implement his own faith in assisting others and helping to come up with a better world. Theodore Roosevelt’s involvement in religion in his early life was that of works. His early Christianity life was behind his means to live a good life and this led to his ruling to emphasize on moral and good life. This remained to be an overriding passion in the faith of Theodore

Reflective Report includee 2 tasks M Essay Example | Topics and Well Written Essays - 1750 words

Reflective Report includee 2 tasks M - Essay Example My expectation from UK was to find and acquire quality education applicable in the current global job market. I also expected to combine work and study in order to finance my personal needs, acquire valuable work experience as well as improve my professional network. I have learned how to live in a multicultural environment since I came to the UK even though there were a lot of challenges in adapting to the life in UK. I have also become a more sociable and confident person from interacting with individuals from diverse backgrounds. I have been exposed to different experiences and cultures of which I wouldn’t have if I was not in the UK. Before I came to the UK I was very shy unlike now. It was not easy for me to make major decision all by myself but the experience here has made me more independent. Among the things I have learnt at Greenwich is how to combine both the theoretical and practical aspects of my studies in real life situations. This has been very helpful to me sin ce theory doesn’t always aid one in getting a placement, an internship or a job. Given that English is not my first language, communication proved quite an uphill task for me at first but I eventually had to learn how to use it fluently. I have learnt to improve my English by wide range of educative books such as those which target international student learning English. This was very useful in the beginning since English in such books is written in a manner that is somewhat simplified. This made it easy for me to learn and understand English. I also sharpened my skills by frequently watching English TV episodes. This made learning more fun. I also engaged in discussions with my fellow student. This improved my communication skills since I can now confidently express myself in English. Since I started learning at the Greenwich University, my study skills have greatly improved. I have learnt to always prepare for my classes at the most appropriate time. For classes that involv e recitation, I spend time making questions regarding previous recitation, brushing up on the facts I have and try to memorize them. In the case of lecture classes I make sure I review my notes and organize them appropriately. I have also come to learn to study at the time when I feel fresh and vibrant. In my case, early morning hours are my favorite. In the night times, I am usually tired making reading at such a time is ineffective. Since I work and study at the same time, I believe I have excellent employability skills. I am therefore in a good position to get a full-time job in my home country after I graduate. I was also able to make professional contacts back at my home country through networking skills I acquired here in the UK. My communication skills will enable be work efficiently with people from various regions while at my home country. The knowledge which I have acquired at Greenwich University is of high standards and globally recognized. This will help me climb my car eer ladders faster while back at home. I am very delighted to be studying and working in the United Kingdom since I have gained a lot in terms of knowledge and experience. TASK 2 Reflection on Research Preparation The process of preparing for my research was quite interesting. This is because of what I learnt and the challenges which I faced. To begin with, I did not know where to start from since I had not thought of an area in which I

The origin, growth and development of Japanese art and culture Term Paper

The origin, growth and development of Japanese art and culture - Term Paper Example Most of the Asian fashion designs might seem to be imitations of the European styles, but this is not the case in actual sense. On the other hand, it would be absurd to ignore the impact that the Western countries have had on the East. In the entire development period which was most vibrant during the twentieth century, aesthetics and other methods where gotten from the European countries and many Asians where proud to recognize the efforts of Western countries. As the poet Tekkan once mentioned, â€Å"We love the poetry of our predecessors, who are both from the West and the East† (Arrowsmith, 2011, p.28). The beginning of the Metropolitan Court Culture By the occurrence of the Heian period, which was between 794-1185, the Japanese governing system was not fully transformed. During this period, power in Japan had been transferred to the emperor and his ministers. The quasi-independent aristocracy was now changed to the metropolitan elite that comprised of the rituals, intrigu es, history and the imperial courts. The most fundamental happening during this revolution was the adoption of the Chinese cultures and civilization. In 618, a dynasty known as Tang was established and it reigned for almost 300 years. During this period, most of the Chinese cultures acquired their flowering and maturity. ... These styles were unique, and an example is the three dimensionality and realism by the use of models in visual arts. In no time, the art designs and models came to be known as Tang International Styles (Mason, 2005, p.41). The Art of Buddhism Buddhism is one of the earliest arts that were established in China. By the mid years of the fifth century, Koguryo and Paekche, which were all Korean kingdoms, had adopted the art of Buddhism. Silla also adopted the art during the same period as the Korean kingdoms. During the Tang, just as the other Chinese dynasties, the Buddhism community played a vital role in the general affairs of the nations that adopted it. With well located monasteries and temples, the Chinese empire was inhabited by the Buddhist community that managed to make the Tang emperor the most supreme authority on the planet. In an artistic view, the Buddhist community can be said to be the richest, as arts lead to wealth and influence. As the Tang International Style is stil l embraced and praised in the four corners of the earth, its originality is reflected on the surviving paintings and sculptures of the Buddhists (Mason, 2005, p.41). The Paekche embassies, including that of 584 and 552, were unable to introduce Buddhism to Japan. However, they managed to attract the attention of Prince Shotoku who was a champion of the Buddhist cause. By 587, Buddhism had gained control in the Japanese Imperial government and was in fact a crucial foothold. In less than a century, the art has spread and was now in Yamato itself, under the regimes of Tenmu the emperor and Jito the empress who was Tenmu’s successor. Jito officially advocated Buddhism as one of the vital instruments in the

Discussing Theodore Roosevelt's views of American Nationalism and Research Paper

Discussing Theodore Roosevelt's views of American Nationalism and Imperialism - Research Paper Example By the nineteenth century, it was almost impossible to interchange the concepts of nationalism and racism. Enlightenment ideals heightened on nationalism and imperialism regardless of the emphasis on the equality and liberty of men as well as the cosmopolitan aspirations. Following the French Revolution, the republican government tries to unify all the French-speaking nations making them a single rule. This led to an aggressive campaign by the military in the Low Nations. Italian liberals on the other hand hoped to have a unified nation that would be under the Italians only and not a jumbled combination of foreign and domestic monarchs. Come the nineteenth century, there was no accord that the different species of mankind shared a common origin and that there worth was not equal. Most nations and leaders believed on the biological superiority of what was referred to as the Caucasian race and this was common with the Germanic peoples who seemed to be justified by the global colonial e mpires rise headed by the European countries. It is in the wake of this situation that this paper looks at the position taken by Theodore Roosevelt on imperialism and nationalism. Theodore Roosevelt’s came to power at a time when most of nations had adopted nationalistic and imperialistic modes as they tried to gain more territories and come up with the best military. This situation strengthened the desire of Theodore Roosevelt to construct the American race so that it becomes one that is full of ambitious, brave and hardworking men. To come up with such a race, Theodore Roosevelt’s remained open to mixing races as he believed that by mixing different races, he will be able to have men who had superior qualities than those men who were pure. Despite this position, Theodore Roosevelt also believed that there were some groups of people who he viewed as better representations of this race. He was in favor of people from the European descent as he excluded the Asians and A frican American considering them as being inferior. Some of his actions and speeches contrasted this position on race. He strongly believed and promised that people from different races were welcome and that they had the same rights as the rest of the American citizens. Early life Experience Theodore Roosevelt came from a tradition that revered the Protestant ethic, the middle class Americans. In his early childhood, he learned the ethic of the Bible and was introduced to social consciousness now that his father happened to be an avid philanthropy practitioner as well as a social worker who believed in putting in action what the Bible preached. His concern with regards to the poor was that the legislative form in pursuing to lessen the distress resulting from a new industrial and urban society. This take is evident in his progressive stance while he was serving as a New York’s Governor as well as the President. This showed that Theodore Roosevelt attitude was reverent and he pursued the highest Christian virtue ideals and opted to implement his own faith in assisting others and helping to come up with a better world. Theodore Roosevelt’s involvement in religion in his early life was that of works. His early Christianity life was behind his means to live a good life and this led to his ruling to emphasize on moral and good life. This remained to be an overriding passion in the faith of Theodore

The origin, growth and development of Japanese art and culture Term Paper

The origin, growth and development of Japanese art and culture - Term Paper Example Most of the Asian fashion designs might seem to be imitations of the European styles, but this is not the case in actual sense. On the other hand, it would be absurd to ignore the impact that the Western countries have had on the East. In the entire development period which was most vibrant during the twentieth century, aesthetics and other methods where gotten from the European countries and many Asians where proud to recognize the efforts of Western countries. As the poet Tekkan once mentioned, â€Å"We love the poetry of our predecessors, who are both from the West and the East† (Arrowsmith, 2011, p.28). The beginning of the Metropolitan Court Culture By the occurrence of the Heian period, which was between 794-1185, the Japanese governing system was not fully transformed. During this period, power in Japan had been transferred to the emperor and his ministers. The quasi-independent aristocracy was now changed to the metropolitan elite that comprised of the rituals, intrigu es, history and the imperial courts. The most fundamental happening during this revolution was the adoption of the Chinese cultures and civilization. In 618, a dynasty known as Tang was established and it reigned for almost 300 years. During this period, most of the Chinese cultures acquired their flowering and maturity. ... These styles were unique, and an example is the three dimensionality and realism by the use of models in visual arts. In no time, the art designs and models came to be known as Tang International Styles (Mason, 2005, p.41). The Art of Buddhism Buddhism is one of the earliest arts that were established in China. By the mid years of the fifth century, Koguryo and Paekche, which were all Korean kingdoms, had adopted the art of Buddhism. Silla also adopted the art during the same period as the Korean kingdoms. During the Tang, just as the other Chinese dynasties, the Buddhism community played a vital role in the general affairs of the nations that adopted it. With well located monasteries and temples, the Chinese empire was inhabited by the Buddhist community that managed to make the Tang emperor the most supreme authority on the planet. In an artistic view, the Buddhist community can be said to be the richest, as arts lead to wealth and influence. As the Tang International Style is stil l embraced and praised in the four corners of the earth, its originality is reflected on the surviving paintings and sculptures of the Buddhists (Mason, 2005, p.41). The Paekche embassies, including that of 584 and 552, were unable to introduce Buddhism to Japan. However, they managed to attract the attention of Prince Shotoku who was a champion of the Buddhist cause. By 587, Buddhism had gained control in the Japanese Imperial government and was in fact a crucial foothold. In less than a century, the art has spread and was now in Yamato itself, under the regimes of Tenmu the emperor and Jito the empress who was Tenmu’s successor. Jito officially advocated Buddhism as one of the vital instruments in the

Financial Markets Assignment Essay Example for Free

Financial Markets Assignment Essay Explain how interest rates decline following major Fed purchases of mortgage-backed securities. The FED implements quantitative easing by buying financial assets of longer maturity, e. g. , mortgage-backed securities, from commercial banks and other private institutions in order to inject a pre-determined quantity of money into the economy. This is a means of stimulating the economy and lowering longer-term interest rates further out on the yield curve; quantitative easing increases the excess reserves of the banks, and raises the prices of the financial assets bought, which lowers their yield. Graphically, this can be explained with the aid of Figure below. The supply of money is shifted from point 1 to the right (MS1 to MS2) and, all else equal, the new equilibrium point (with aggregate money demand curve) is at point 2, where the interest rate is lower. i i1 i2 AD1 MS1 MS2 Quantity of Money 2. What could be the implications of lower interest rates for households and businesses? By implanting the policy of purchasing mortgage-backed securities, the FED has set its sight on increasing consumption and investment, which will ultimately increase employment. As described in question one Bernanke’s policy decreased interest rates to new record lows, encouraging borrowing for both businesses and households. The ability to borrow money at more attractive rates stimulates investment in durable consumer goods, such as automobiles, and in operational necessities such as buildings and capital equipment for businesses. Indeed, after the implementation of the policy mortgage applications increased significantly. Because of low interest rates households and businesses as investors could shift their preference away from bonds and into stocks. According to frbsf. org, the increase in stock trading volume has the effect of raising the value of existing stock portfolios, which in turn stimulates consumer and spending across the country due to the psychological effects of rapid capital appreciation. Lower interest rates can have negative effects on the value of the local currency compared to other currencies. As foreign investors dump their local-denominated investments in favor of more profitable currencies, exchange rates can shift to the detriment of the local currency. The weakening of the local currency serves to increase the attractiveness of local goods to foreign purchasers, which has the effect of boosting exports and international sales. All of the factors mentioned above have the combined effect of increasing productive output, or GDP, and increasing employment across a wide range of industries. As individuals, businesses and foreign investors are encouraged to spend more due to increased access to capital, higher portfolio valuations and weaker currency values, businesses in nearly every sector experience an increase in sales, often requiring them to grow their operations and employ additional labor. However, there are some negative implications from this policy. Without a strong commitment to control inflation over the long run, the risk of higher inflation is one potential implication of experiencing real interest rates below the economy’s natural interest rate. Low interest rates provide a powerful incentive to spend rather than save. In the short term, this may not matter much, but over a longer period, low interest rates penalize savers and those who rely heavily on interest income. If short-term interest rates are low relatively to long-term rates, households and firms may overinvest in long-term assets, such as Treasury securities. If interest rates rise unexpectedly, the value of those assets will fall (bond prices and yields move in opposite directions), exposing investors to substantial losses. Finally, low short-term interest rates reduce the profitability of money market funds, which are key providers of short-term credit for many (large) firms, e. g. the commercial paper market. 3. Explain the Fed’s policy dilemma and try to rationalize why unemployment in the US is stubbornly high while inflation is low. Based on the theory of the Philip’s curve diagram we notice that there is an inverse relationship between inflation and unemployment. Stated simply the lower the unemployment in an economy the higher the rate of inflation. Philip’s Curve Inflation Unemployment The explanation of the inverse relationship between inflation and unemployment is based on two assumptions. The first has to do with the fact that as unemployment rises there is no room for workers and labor unions to demand an increase so a wage inflation that would increase the prices of the final products cannot occur. Secondly high unemployment is a reflection of the decline in economic output and indicates an economy’s slowdown. Therefore competition among firms in recession will lead the prices at lower levels. But this is not the case currently in the US since we observe high unemployment and low inflation. The FED is concerned about the unemployment rate and in an effort to stimulate the economy and improve the labor market conditions it started implementing the quantitative easing policy. So the FED purchased MBS, helped banks to rebuilt their balance sheets, contributed into maintaining price stability, preserved interest rates near zero for more than three years, and prevented the economy from slipping into greater recession. Despite all these efforts the situation in the labor market did not improve. Apparently the fact that unemployment is still very high depicts the limitations of the monetary policy. The low business confidence, policy uncertainty, and the government’s reluctance to act are beyond the FED’s capacity. What is more the infinite use of the quantitative easing may produce undesirable effects in the long run such as stagflation. The only optimal solution under these circumstances is the co ordination of the FED’s monetary policy with the government’s fiscal policy plan that could boost the society’s confidence. . Do you think that another round of quantitative easing (QE) by the Fed would help stimulate the US economy? Please explain. The FED declared that the use of QE will be aggressively continued until the economy is improved. The cash injections into the economy helped interest rates to remain at low levels. Consequently everyone wins from this decision in the short run; homeowners can borrow at historical low levels of inter est rate, corporations can also take advantage of this act and invest, consumption increased and also the banks increased their profits and the stocks record a growth. So as long as the QE is active in the short run everyone is a winner. But in the long run things become vague. First of all historical evidence shows that despite the fact that interest rates may be at levels near zero it remains uncertain whether this will be the incentive to boost the actual economy. Secondly the fact that consumers will have more money to spend but fewer goods to buy might lead to a hyper inflation. Furthermore by repeating the use of QE is very possible to lead to a liquidity trap, unless the economy finds ways to stimulate production. Last but not least the FED’s decision to inject cash into the economy by purchasing MBS is questionable; Mortgage backed securities entail the risk of defaulting once again as they did in the real estate crisis and that would cost the Americans a lot more money repeating the history that started back in the September of 2001. To sum up the use of QE is indeed very effective but only in the short run. Short periods of economic recession can be avoided by stimulating the economy temporarily through cash injections but to maintain growth on the real economy we need to improve labor market conditions, productivity, innovation and bolster the economy’s confidence. So a combination of fiscal and monetary policy is the only way to prevent an economy from collapsing, and also is this is the only way to avoid a possible systemic risk that will negatively affect all the institutions and individuals. . How is a loose Fed monetary policy in the US affecting fundamentals (such as inflation, asset and commodity prices) in other countries? What does that imply about global monetary policy? Since the dollar is the vehicle currency in the global economy almost every country is tied to its value and everyone is affected by the monetary decisions of the FED. By the QE, the supply of dollars is increased and consequently the dollar depreciates against foreign currencies. This means that America’s exports will increase and on the contrary the imports will decrease. So countries trading with the US fear about the capital inflows and the possible inflation on commodities. On the other hand the FED support that there can be no further inflation since the global economy is in recession. Moreover countries experiencing huge capital inflows resulting in inflation can implement fiscal policy, such as imposing taxes, in order to contain the effects of foreign capital inflows which push up local stock prices and the currency itself. Every country should focus on its own monetary policy adjusting it to the problems that may experience. For example the US chose to inject more money in the economy. The results of such a decision are low interest rates, more exports but always with the risk of inflation. On the other hand a country experiencing high inflation might limit the money supply, increasing the interest rates with the risk of experiencing a decline in exports.