Riordan Manufacturing Accounting Systems free essay sample

Streamlining each accounting system to include the basic accounting modules and incorporating other company systems will help to ensure compliance and identify spending costs and potential capital investments. With the three operating entities (Georgia, Michigan, and California) and the joint venture in the People’s Republic of China, Riordan Manufacturing has a complex accounting setup. All information gathered from the operating entities is compiled at their corporate office in San Jose, California. Similar to that of other companies, Riordan Manufacturing must ensure that there is cohesion between the various entities by instilling basic use of accounting functions and methods. Although the accounting configuration and distribution is transparent to their customers and suppliers, the aggregation process is complex. The recommendations presented by Team A will help to build an integrated approach to their accounting and distribution setup. At a minimum, the basic components of each operating entity accounting system include the following functions: General Ledger, Accounts Payable, Accounts Receivable, and Inventory. We will write a custom essay sample on Riordan Manufacturing Accounting Systems or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The company has published balance sheet information that shows this level of data by comparing fiscal year ending September 30, 2010 vs. September 30, 2011. Assets for the Riordan Manufacturing include the following: information received from General Ledger, Accounts Payable, Accounts Receivable, and Inventories. Fiscal year ending September 2011 yield total assets of $47,409,137 compared to fiscal year 2010 numbers of $34,825,498. That is an increase of $12,583,639 or approximately 26. % in 2011 compared to 2010 assets. In addition to the aforementioned accounting functions, Riordan Manufacturing uses the standard accounting methods of cash and accrual. Both methods are similar, but one of these methods will be used based on timing. In financial reporting, the cash method of accounting is used when accounting records revenue when cash from customers is received, and records expenses when they are paid in cash (Sanker, 2012). Therefore, cash basis does not recognize accounts receivab le or payable. Conversely, accrual method of account include items when they are earned in addition to claiming deductions when expenses are incurred (Sanker, 2012). There are plenty of software programs available to help an organization’s accounting needs. With so many available finding the right software program can be a burden. Evaluating the needs of an organization as well as the size of the organization will help one find the correct software program. When selecting the software program it should be upgradeable for future needs as well as be able to troubleshoot and fix any errors in the program. The cost of the accounting software will also play a huge part in deciding on an accounting program. Riordan Manufacturing has multiple divisions of the company. When it comes to accounting software there are different programs used throughout Riordan Manufacturing. The San Jose plant use a different accounting software program than the Michigan and Georgia plants. This often causes a delay in financial reporting, which has caused Riordan Manufacturing investor’s confidence to decrease. The delay will also impact the outcome of future capital investments. When are there errors in accounting and financial documents this will often lead to errors and spark costly audits (Perry, 2006). The different departments of accounting such as accounts payable, accounts receivable, and order entry need to be maintained by one system and an individual server with mirroring will suffice for the above needs and of course, a proper backup solution will be for safekeeping of this data (Perry, 2006). Microsoft produces a program that can meet the needs of Riordan Manufacturing. Solomon Great Plains program is the recommendation for Riordan Manufacturing. The functions needed by Riordan Manufacturing and pricing makes this the logical choice for accounting software. This program will allow all divisions to report back to the central point, therefore providing instance reports. One must find a compatible program that works well with the system currently in place. Riordan Manufacturing requires certain systems to create an effective and efficient accounting system. Systems such as sales, accounting, financing and human resources need to have access to the accounting system (Apollo Group, Inc. , 2012). Point of sale and cash register systems must continuously, during business hours, be connected to the accounting system. Reason being, sales are tracked and verified instantaneously. Inventory must also be considered within the accounting system to make certain that all inventory levels are monitored and replenish without user input. Monetary needs for inventory replenishing is tracked within the accounting software system. Billable hours must be tracked for cost purposes to make certain the company is working within budgetary and time constraints. The accounting systems directly connected to accounting software must also contain the general ledger accounts, accounts payable, and accounts receivable. Purchase orders for plastics orders must generate bills to customers. Collections must also have access to the companys accounting system because many times bills do not get paid, therefore collection action must be pursued. These requirements must also be as secure as possible, behind a firewall, and virtual local area network (VLAN). Expense accounts must also be tracked within the accounting software to make certain every expense is accounted for. Finally, payroll, which includes salary and wages, payroll taxes, and deductions must be accounted for and budgeted. Integrating different modules provide a well-rounded accounting software package with the ability to keep management informed of the financial status of the company. Riordan’s current system does not include basic accounting departmental functions or modules. The company must devote funds and time to generate accurate Income Statements, Balance Sheets and the General Ledger in a consolidated effort with external auditors. As a result, a coordinated effort should be made to consolidate systems, link associated databases, and purchase appropriate accounting software. Purchase or development of software will reduce data redundancies and increase efficiency and productivity. By undertaking these measures Riordan will be able to ensure compliance, therefore cutting costs, and focus on identifying new sources of revenues and cost savings initiatives. References Apollo Group, Inc. (2012). Riordan manufacturing intranet. Retrieved on November 4, 2012, from https://ecampus. hoenix. edu/secure/aapd/cist/vop/Business/Riordan/index. asp University of Phoenix. (2010). BSA/500 course notes. Retrieved from University of Phoenix, BSA500 Business Systems I website. Perry, Cornell. (2006). Riordan Manufacturing Proposal. Retrieved November 18, 2012 from http://www. scribd. com/doc/48198199/Riordan-Manufacturing-Proposal Sanker, S. (2012). Accounting Methods: Cash vs. Accrual. Small Business Chronicle. Retrieved Novem ber 19, 2012, from http://smallbusiness. chron. com/accounting-methods-cash-vs-accrual-3732. html

Reading Response to Ode to a Nightingale Essays

Reading Response to Ode to a Nightingale Essays Reading Response to Ode to a Nightingale Essay Reading Response to Ode to a Nightingale Essay In Ode to a Nightingale Keats introduces the reader to his discontent with the void of feeling he is experiencing. In the first line Keats says how his, â€Å"heart aches† which the reader would interpret as pain; however the second half of the first line he describes, â€Å"A drowsy numbness†. This tells me that Keats is uncomfortable with the â€Å"numbness† he experiences. In the second line Keats says, â€Å"as though of hemlock I had drunk†. Norton foot notes tell us that hemlock is a poison that acts as a tranquilizer in mild doses. Sedatives cause a euphoria that could be described as â€Å"drowsy numbness†. In the first line Keats repeats the A sound with â€Å"aches, and a drowsy numbness pains†. In the second line Keats repeats the H sound with â€Å"Hemlock I had drunk†. This alliteration and assonance creates a sort of euphoric musical quality, further emphasizing Keats’ chemically induced lack of feeling described. Continuing with the idea of drug induced emptiness in the third line Keats speaks of â€Å"some dull opiate to the drains†. Also continuing the use of assonance Keats repeats the D sound with â€Å"emptied some dull opiate to the drains†. Again the feeling produced by this repetition mimics the numb sway of a high. However this line is still more obvious than the first two because Keats mentions â€Å"opiate† which is a much more well-known drug that produces a numb sort of euphoria. The fourth line of the poem introduces a new dynamic to the first stanza. Keats says, â€Å"Lethe-wards had sunk:† Norton tells us that Lethe is a mythological river in Hades that causes forgetfulness. With this line Keats’ intention in the first stanza can be expanded from a euphoric void of feeling to one that causes him to forget. Because of this and Keats’ later references to intoxication (see stanza 2) as well as references to death (see stanza 3) the reader could infer that Keats’ desired the forgetful, euphoric, lack of feeling. Though Keats opens the poem in line one with â€Å"My heart aches† one could debate just how much his heart really aches.

My Media Uses and Gratification Essay Example | Topics and Well Written Essays - 1750 words

My Media Uses and Gratification - Essay Example In other words, people from all walks of life seek to gratify their needs in line with surveillance or information, personal identity, personal relationships or integration and social interaction, and diversion or entertainment (Marris and Thornham 258). All of these are integral parts of my media uses and gratification discussed in the following sections. Presented in this paper is the analysis of how my media use can illustrate the uses and gratifications theory with alternate perspective of magic bullet theory. Watching television Uses and gratifications theory There are many reasons why I need to watch television. I have personal desires that could be addressed if I watch the television. I could be entertained. It can relax me at some certain level and it is a form of recreation activity for me, and including the people around. In other words, television can address my affective needs which include emotions and pleasures. People have varying emotional needs and watching televisio n seems to gratify them. The very example is watching television that may substantially result to emotional release or sexual arousal. People can cry with sentimental soup opera or be sexually aroused with TV programs with depiction of highly erotic scenes. The above illustration shows that watching television is a form of activity that gratifies one’s specific needs as motivated by personal desire. This also shows that people have significant things to do with television based on gratifying their needs. There are different reasons or intentions why watching television is a must for some people. At some point, television could be a source of information like TV news report or weather forecast, current affairs and live events around the world including popular sports. As for me, watching television is also a source of information. I watch television in order to be also updated with the current economic, political and social status of the country and around the world. In other words, television also helps me gratify my cognitive needs. Magic bullet theory These are specific things I need from watching television, but along the way there are also other things that I encountered which are not integral parts of my needs. For example, commercial advertisements give me specific idea about the latest trend in fashion. Although I also have personal integrative needs, I am not expecting to find them out from watching television. Watching commercial advertisements from television increases my ideas on the latest fashion trends, diet techniques and many more. In other words, it is in this aspect that I am being influenced by the television because it was not my desire to find my needs for fashion trend or diet in there. This is the main point of the magic bullet theory, which states that the audience is substantially influenced by the media due to their being passive and communication has powerful effect on attitudes and behaviors (Kelly 352). It is therefore impor tant to point out that apart from my personal needs as what motivate me to watch television; there are other personal needs that could be addressed by it outside of my innermost desire or intention. It is at this point that television has substantially influenced me not because of my desire to find my needs fulfilled by it, but because it has specifically just informed me beyond my desire

Human resources FSLA Case Study Example | Topics and Well Written Essays - 500 words

Human resources FSLA - Case Study Example There are exemptions of compensation of the extra hours by the Act, meaning that not all employees are appropriate for compensation by the Act. The worker in this case is eligible for compensation of the overtime hours by the employer under the Act. From the scenario, there was denial for the employee’s appeal for compensation by the department. The department claims to have a policy where they do not consider overtime where an employee is on duty during his off duty hours (Calvasina et al, 2010). Conversely, the worker works for extra hours so that he is able to keep to the standards of his job description of top physical conditioning. The extra hours by the worker, area benefits the company too, because during the overtime hours the employee works for the good of the employee, and not for his own bosom (Calvasina et al, 2010) There are no legal exemptions by the Act against the employee in this scenario, so the department should compensate him (Costa, 2000). The Act vividly expounds overtime hours as time that one works when there are no authoritative directions from the employer to do so. The employee in this case toils for not certified operational extra hours; therefore, the employee should get his compensation from the employer. (Scott, 2010) Employers can shun FLSA claims by guaranteeing that they consult with the human resource team to ensure that they comply with the requirements by the Act (Calvasina et al, 2010). This entails making sure that there is the proper classification of all employees, to know whether the law excludes the worker. The employee does this by asking some questions relevant to the Act and carrying out tests where there is no clarification about the exemption status (Costa, 2000). The human resource department should ensure that they explain to the employees about the Act so that they avoid scenarios where the employees state to have claims, whereas there is none (Scott, 2010). Employers do

The Young and the Innocent Essay Example for Free

The Young and the Innocent Essay Alison Croggon once said, â€Å"We are all mistaken sometimes; sometimes we do wrong things, things that have bad consequences. But it does not mean we are evil, or that we cannot be trusted ever afterward.† The story of the 1692 Salem Witch Trials is portrayed in Arthur Miller’s play, â€Å"The Crucible.† In this drama a troubled girl named Mary Warren fights through the false accusations of other girls and the citizens of Salem, Massachusetts. Mary Warren is an innocent girl stuck in the middle of a bad situation. She is forced to make some harmful decisions in order to protect her own life. Mary Warren is a young girl that is intimidated easily. She is a follower and her leaders are John Proctor and Abigail Williams. Throughout the play both Proctor and Abigail force Mary to do things that put her life in danger. Proctor said to Mary, â€Å"You’re coming to court with me, Mary. You will tell it in the court†¦You will tell the court how that poppet come here and who stuck the needle in† (Miller 1134). Mary doing what Proctor says will force the other girls to turn on her and put Mary’s life on the line. This time, Mary makes the right choice and tells the truth out of fear of Proctor. Later on, Proctor isn’t so lucky. The biggest enemy of Mary is her countless fears. She has a fear of disappointing others, a fear of Abigail, and most importantly a fear of death. Looking back on the play, these fears are what control Mary’s decisions. Her fear of disappointing people is shown by the amount of begging and apologizing she does in the play. Since the beginning she has had a fear of Abigail and has always obeyed her. Abigail said, â€Å"Let either of you breathe a word†¦and I will come to you in the black of some terrible night and I will bring a pointy reckoning that will shudder you† (Miller 1107). Abigail was referring to the truth about what happened the night they were caught dancing in the forest. Last but not least, she had a great fear of death. This is such a powerful thing and in Mary’s situation, this fear indirectly made her a murderer. Mary had a choice, tell the truth and get hanged, or lie and sacrifice Proctor’s life in order to save her own. Mary Warren is a sympathetic character. She had a lot of weight resting on  her shoulders and in the end she did not make the right choice. Mary said to Proctor, â€Å"You’re the Devils man† (Miller 1151). This put Proctor next in line to be hanged and set Mary free. At the time of the trials Mary was only eighteen and even though technically an adult, she was a child at heart. She had not experienced any hardships of life until one day when she was forced to face the worst of them all, death. Over all, Mary Warren was a good person but was in the wrong place at the wrong time. She made some good choices and some really poor ones. Mary was able to walk away from the trials with her life and a clear name. Unfortunately, nineteen other innocent people were not as lucky and were hanged. Mary may have condemned John Proctor, but it is important to remember that one mistake does not define you or the outcome of your life.

Impact of Political Stability in India on Economic Growth

Impact of Political Stability in India on Economic Growth Political stability helps in making economic decisions and reducing the risk of imbalance in the economy. In May 2004, elections brought the United Progressive Alliance (UPA) into power. Growth, stability and equity are mutually reinforcing objectives. The quest of the UPA Government is to eliminate poverty by giving every citizen an opportunity to be educated, to learn a skill, and to be gainfully employed. The economic strategy of the UPA is composed of four main elements: maintaining macroeconomic balances; improving the incentives operating upon firms; enhancing physical infrastructure; and a range of initiatives aimed at empowering millions of poor households to participate in the growing prosperity. The major concern remains on commitment towards national interest, reduction of interference of unlawful elements in politics, public accountability and growth oriented policies of the government. Under the leadership of Dr Manmohan Singh the focus of the government is appropriate a nd will not be cause of distress It has positive effect on economic growth but many times due to other factors it may be negative. In India in last 20 years many governments were made. India is a developing country and it grows very fast. Whenever the govt. changes economic effected very much. India is the worlds largest democracy. In India, the prime minister is identified as the head of government of the nation, while the president is said to be the formal head of state and holds substantial reserve powers, placing him or her in approximately the same position as the British monarch. Executive power is enforced by the government. It can be noted that federal legislative power is vested in both the government of India and the two characteristic chambers of the Parliament of India. Also, it can be said that the judiciary is independent of both the executive and the legislature. For most of the years since independence, the federal government has been guided by the Indian National Congress , In India the two largest political parties have been the Indian National Congress and the bhartiya janata party (BJP). Presently the two parties have dominated the Indian politics, however regional parities too exist. From 1950 to 1990, barring two brief periods, the INC enjoyed a parliamentary majority. The INC was out of power between 1977 and 1980, when the Janata Party won the election owing to public discontent with the corruption of the then Prime Minister Indhira Gandhi. In 1989, a janata dal-led National Front coalition in alliance with the Left Front coalition won the elections but managed to stay in power for only two years. As the 1991 elections gave no political party a majority, the INC formed a minority government under Prime Minister P.V.Narsimha Rao and was able to complete its five-year term. The years 1996-1998 were a period of turmoil in the federal go vernment with several short-lived alliances holding sway. The BJP formed a government briefly in 1996, followed by the United Front coalition that excluded both the BJP and the INC. Political uncertainty is an investors nightmare. It does disturb the flow of foreign direct investment plans both into the private sector as well as the government owned public sector units and that surely affects economic growth. However, this argument is good only to a limited extent. Political stability is not necessarily an essential pre-requisite item for good economic growth. In actual practice, it is the other way around as it can be argued, that it is good economic growth, that essentially leads to political stability. Therefore, when the Congress spokespersons talked of political stability without mentioning its correlation with economic growth, their apprehensions of coalition governments appeared misplaced. Further Congress talking political stability was like the devil quoting the scripture. One cannot but remember that it was the Congress that destabilized the governments of 5 Prime Ministers, viz. Mr. Charan Singh, Mr. Chandrasekhar, Mr. H. D. Dev Gowda, Mr. Inder Kumar Gujral and of course Mr. Atal Bihari Vajpayee. Every one, of these governments, was toppled on flimsiest grounds. Indeed, they could have easily lasted their full term, if and only if politics had taken the back seat. Indias Growth Since Independence India has moved from a moderate growth path of the first three decades (1950 to 1980) to a higher growth trajectory since 1980s. Over the last two and a half decades, India has emerged as one of the fastest growing economies of the world, averaging about 6 percent growth rate per annum and ranking of the country in terms of size of the economy, especially in Purchasing Power Parity (PPP) Terms have improved. In the last three years. We have averaged a growth rate of 8 percent. Apart from registering impressive growth rate over the last two and a half decades, Indias growth process has been stable. Studies indicate that the yearly variation in growth in India has been one of the lowest. During the period, we have faced only one crisis in 1991. The crisis was followed by a credible macroeconomic structural and stabilization program encompassing trade, industry, foreign investment, exchange rate, public finance and financial sector. The evidence of stable economic con dition is the successful avoidance of any adverse contagon impact of shocks from the East Asian crisis, the Russian crisis during 1997-98, sanction like situation in post pokhran scenario, and border conflict during May-June 1999. The performance of the Indian economy during the current fiscal year has exceeded expectations. Initial growth projections for the period April 2004 to March 2005 were around 6.8%. Expectation was paired with a percentage point due to low rainfall from July 2004. Global price shocks in oil, steel and coal added to apprehension, particularly about inflation. However, shaking off these fears, the economy has grown by a robust 6.9%. There are two aspects to the emergence of India. First, there are signs of vigorous growth in manufacturing. High growth rates in exports have been extended beyond the now-familiar services story to skill-intensive sectors like automobiles and drugs. Manufacturing growth accelerated every month after May 2004 to reach double-digit levels in September and October. Merchandise export growth in the first 10 months of 2004-05 was 25.6%. For three quarters running, revenue growth in the corporate sector has been above 20% and net profit growth has been around 30%. Second, there is a pronounced pickup in investment. From 2001-02, the investment rate in India, low by East Asian standards, rose by 3.7 percentage points to 26.3% of GDP in 2003-04. ROLE OF POLITICAL PARTIES: The janata dal won elections in 1989, but its government managed to hold on to power for only two years. Between 1996 and 1998, there was a period of political flux with the government being formed first by the right-wing nationalist Bhartiya janata party (BJP) followed by a left-leaning United Front coalition. In 1998, the BJP formed the National Democratic Alliance with smaller regional parties, and became the first non-INC and coalition government to complete a full five-year term. The grenal saw the INC winning the largest number of seats to form a government leading the united progressive alliance and supported by left-parties and those opposed to the BJP. On 22 May 2004, Manmohan Singh was appointed the Prime Minister of India following the victory of the INC the left front in the 2004 lok sabha election. The UPA now rules India without the support of the left front. Previously Atal Bihari vajpeyi had taken office in October 1999 after a general election in which a BJP-led coalition of 13 parties called the national democratic alliance emerged with a majority. Formation of coalition governments reflects the transition in Indian politics away from the national parties toward smaller, more narrowly-based regional parties. Some regional parties, especially in South India, are deeply aligned to the ideologies of the region unlike the national parties and thus the relationship between the central government and the state government in various states has not always been free of rancor. Disparity between the ideologies of the political parties ruling the centre and the state leads to severely skewed allocation of resources between the states. Central and State Governments The central government exercises its broad administrative powers in the name of the President, whose duties are largely ceremonial. The president and vice president are elected indirectly for 5-year terms by a special electoral college. The vice president assumes the office of president in case of the death or resignation of the incumbent president The constitution designates the governance of India under two branches namely the executive branch and real national executive power is centered in the Council of Ministers, led by the prime minister of India. The President appoints the Prime Minister, who is designated by legislators of the political party or coalition commanding a parliamentary majority. The President then appoints subordinate ministers on the advice of the Prime Minister. In reality, the President has no discretion on the question of whom to appoint as Prime Minister except when no political party or coalition of parties gains a majority in the Lok Sabha. Once the Prime Minister has been appointed, the President has no discretion on any other matter whatsoever, including the appointment of ministers. But all Central Government decisions are taken by president. Political stability and Economic Growth: The politicians should realize that in the last decade or so, the scene in the country has undergone a sea change: India is a young country, where the average age is less than 26years. The literacy rate is continuously rising. The Primary Health Care services are improving. Female life expectancy rate and infantile survival rate are improving. There is a growing awareness of the need to let market forces decide on their role in the development of infrastructure projects. The power distribution has shifted from a centralized command structure to one where even the leader at local level has an opportunity to address his local aspirations at the national level. Privatization and Disinvestment Vajpayee had a vision of the 21st century information age. So, he privatized the Internet, reformed the flawed telecom policy, opened radio broadcasting in 40 cities and allowed up-linking facilities to satellite channels. Congress has yet to realize the impact of global market and address issues on taxes, subsidy etc so that the effects of globalization do not come as a jolt to the common man in the street. Mr. Narasimhas government approach on globalization lacked this humane approach. There was progress on other incremental reforms cut the diesel subsidy, de-licensed petroleum products and oil refining, set up a power regulatory authority, threw open transmission to the private sector. Moreover, he surprised us by squashing the irrational swadeshi forces within his own party. Impact in India: There are many affect in Indian economy due to political stability every factor is affected. India opened up the economy in the early nineties following a major crisis that led by a foreign exchange crunch that dragged the economy close to defaulting on loans. The response was a slew of Domestic and external sector policy measures partly prompted by the immediate needs and partly by the demand of the multilateral organisations. The new policy regime radically pushed forward in favour of amore open and market oriented economy. Major measures initiated as a part of the liberalisation and globalisation strategy in the early nineties included scrapping of the industrial licensing regime, reduction in the number of areas reserved for the public sector, amendment of the monopolies and the restrictive trade practices act, start of the privatisation programme, reduction in tariff rates and change over to market determined exchange rates. Over the years there has been a steady liberalisation of the current account transactions, more and more sectors opened up for foreign direct investments and portfolio investments facilitating entry of foreign investors in telecom, roads, ports, airports, insurance and other major sectors. The Indian tariff rates reduced sharply over the decade from a weighted average of 72.5% in 1991-92 to 24.6 in 1996-97.Though tariff rates went up slowly in the late nineties it touched 35.1% in 2001-02. India is committed to reduced tariff rates. Peak tariff rates are to be reduced to be reduced to the minimum with a peak rate of 20%, in another 2 years most non-tariff barriers have been dismantled by march 2002, including almost all quantitative restrictions. The Indian economy is passing through a difficult phase caused by several unfavourable domestic and external developments; Domestic output and Demand conditions were adversely affected by poor performance in agriculture in the past two years. The global economy experienced an overall deceleration and recorded an output growth of 2.4% during the past year growth in real GDP in 2001-02 was 5.4% as per the Economic Survey in 2000-01. The performance in the first quarter of the financial year is5.8% and second quarter is 6.1%. Sectors Industry and services India has one of the worlds fastest growing automobile industries. Shown here is the Tata motors make Nano, the worlds cheapest car. Industry accounts for 28% of the GDP and employ 14% of the total workforce. However, about one-third of the industrial labor force is engaged in simple household manufacturing only. In absolute terms, India is 16th in the world in terms of nominal factory output. Economic reforms brought foreign competition, led to privatization of certain public sector industries, opened up sectors hitherto reserved for the public sector and led to an expansion in the production of fast-moving consumer goods. Post-liberalization, the Indian private sector, which was usually run by oligopolies of old family firms and required political connections to prosper was faced with foreign competition, including the threat of cheaper Chinese imports. It has since handled the change by squeezing costs, revamping management, focusing on designing new products and relying on low labor costs and technology. Textile manufacturing is the second largest source for employment after agriculture and accounts for 26% of manufacturing output. Ludhiana produces 90% of woolens in India and is also known as the Manchester of India. Tripura has gained universal recognition as the leading source of hosiery, knitted garments, casual wear and sportswear. Dharavi slum in Mumbai has gained fame for leather products. Tata Motors Nano attempts to be the worlds cheapest car. India is fifteenth in services output. It provides employment to 23% of work force, and it is growing fast, growth rate 7.5% in 1991-2000 up from 4.5% in 1951-80. It has the largest share in the GDP, accounting for 55% in 2007 up from 15% in 1950. Business services (information technology, information technology enabled services, business process outsourcing) are among the fastest growing sectors contributing to one third of the total output of services in 2000. The growth in the IT sector is attributed to increased specialization, and an availability of a large pool of low cost, but highly skilled, educated and fluent English-speaking workers, on the supply side, matched on the demand side by an increased demand from foreign consumers interested in Indias service exports, or those looking to outsource their operations. The share of Indias IT industry to the countrys GDP increased from 4.8% in 2005-06 to 7% in 2008. In 2009, seven Indian firms were listed among the top 15 technology outsourcing companies in the world. In March 2009, annual revenues from outsourcing operations in India amounted to US$60 billion and this is expected to increase to US$225 billion by 2020. Organized retail such supermarkets accounts for 24% of the market as of 2008. Regulations prevent most foreign investment in retailing. Moreover, over thirty regulations such as signboard licences and anti-hoarding measures may have to be complied before a store can open doors. There are taxes for moving goods to states, from states, and even within states. Tourism in India is relatively undeveloped, but growing at double digits. Some hospitals woo medical tourism. Agriculture Farmers work inside a rice field in Andhra Pradesh. India is the second largest producer of rice in the world after China and Andhra Pradesh is the 2nd largest rice producing state in India with West Bengal being the largest. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 17% of the GDP in 2009, employed 52% of the total workforce and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a significant role in the overall socio-economic development of India. Yields per unit area of all crops have grown since 1950, due to the special emphasis placed on agriculture in the five-year plans and steady improvements in irrigation, technology, application of modern agricultural practices and provision of agricultural credit and subsidies since Green revolution in India. However, international comparisons reveal the average yield in India is generally 30% to 50% of the highest average yield in the world. India is the largest producer in the world of milk, cashew nuts, coconuts, tea, ginger, turmeric and black pepper. It also has the worlds largest cattle population: 193 million. It is the second largest producer of wheat, rice, sugar, cotton, silk, peanuts and inland fish. It is the third largest producer of tobacco. India is the largest fruit producer, accounting for 10% of the world fruit production. It is the leading producer of bananas, sapotas and mangoes. Finance in India Banking in Indiaand Insurance in India The Indian money market is classified into: the organised sector (comprising private, public and foreign owned commercial banks and cooperative banks, together known as scheduled banks); and the unorganised sector (comprising individual or family owned indigenous bankers or money lenders and non-banking financial companies (NBFCs)). The unorganised sector and microcredit are still preferred over traditional banks in rural and sub-urban areas, especially for non-productive purposes, like ceremonies and short duration loans. Mumbai is the financial and commercial capital of India. Shown here is the World Trade Centre of Mumbai Prime Minister Indira Gandhi nationalised 14 banks in 1969, followed by six others in 1980, and made it mandatory for banks to provide 40% of their net credit to priority sectors like agriculture, small-scale industry, retail trade, small businesses, etc. to ensure that the banks fulfill their social and developmental goals. Since then, the number of bank branches has increased from 10,120 in 1969 to 98,910 in 2003 and the population covered by a branch decreased from 63,800 to 15,000 during the same period. The total deposits increased 32.6 times between 1971 to 1991 compared to 7 times 1951 to 1971. Despite an increase of rural branches, from 1,860 or 22% of the total number of branches in 1969 to 32,270 or 48%, only 32,270 out of 5 lakh (500,000) villages are covered by a scheduled bank. The public sector banks hold over 75% of total assets of the banking industry, with the private and foreign banks holding 18.2% and 6.5% respectively. Since liberalisation, the government has approved significant banking reforms. While some of these relate to nationalised banks (like encouraging mergers, reducing government interference and increasing profitability and competitiveness), other reforms have opened up the banking and insurance sectors to private and foreign players. More than half of personal savings are invested in physical assets such as land, houses, cattle, and gold. Indian has the highest saving rate in the world at 36 percent. Natural resources in India Energy policy of India India has the worlds fifth largest wind power industry, with an installed wind power capacity of 9,587 MW. Shown here is a wind farm in Muppandal, Tamil Nadu. Indias total cultivable area is 1,269,219km ² (56.78% of total land area), which is decreasing due to constant pressure from an ever growing population and increased urbanisation. India has a total water surface area of 314,400km ² and receives an average annual rainfall of 1,100mm. Irrigation accounts for 92% of the water utilisation, and comprised 380km ² in 1974, and is expected to rise to 1,050km ² by 2025, with the balance accounted for by industrial and domestic consumers. Indias inland water resources comprising rivers, canals, ponds and lakes and marine resources comprising the east and west coasts of the Indian ocean and other gulfs and bays provide employment to nearly 6 million people in the fisheries sector. In 2008, India had the worlds third largest fishing industry. Indias major mineral resources include coal, iron, manganese, mica, bauxite, titanium, chromite, limestone and thorium. India meets most of its domestic energy demand through its 92 billion tonnes of coal reserves (about 10% of worlds coal reserves). Indias huge thorium reserves- about 25% of worlds reserves- is expected to fuel the countrys ambitious nuclear energy program in the long-run. Indias dwindling uranium reserves stagnated the growth of nuclear energy in the country for many years. However, the Indo-US nuclear deal has paved the way for India to import uranium from other countries. India is also believed to be rich in certain renewable sources of energy with significant future potential such as solar, wind and biofuels (jatropha, sugarcane). CONCLUSION: After complete this term paper I come at this conclusion that politics effects economy very much. If a govt. change than many other factors also changes. Every govt. do work by their own style, they change many things like construction, infrastructure, their employees, contractors and it may affect positive or negative. So it based on situation. Political stability is very important for economic growth. REFERENCES: www.businessline.com www.oppapers.com Wikipedia www.scribd.com

Bureaucracy and Public Policy

In most situations of dealing with government, people often find themselves experiencing communication with street-level bureaucrats who, despite of their comparatively low position, in many ways define the person’s further well-being. Street-level bureaucrats have a direct influence on the number of people participating in public programs, and it’s them who determines what number of people is going to receive certain benefits, or participate in some programs. This, their final decisions become vital for certain groups of society.The communication which occurs between bureaucrats and people in such situations creates the public policies which all the citizens experience when dealing with government. A very important issue concerning bureaucracy still remains understanding the mechanism of decision-making by street-level-bureaucrats, for it appears a much more difficult problem than it seems. As Brehm and Gates state, despite a large number of literatures sources on the point of decision-making by bureaucrats, it still remains uncertain what real reasons influence their behavior [1].Due to the complexity of decision-making by street-level bureaucrats, different approaches have been suggested towards this matter. Various authors suggest their own solutions of the problem. The first approach is connected with economics, while the other one deals with public administration and organization theory. According to the behavioral theory of choice, bureaucratic decisions are the function not only of rational decision-making, but as well of all the variables which might influence the decision-making in the process.This can occur in situations when cognitive abilities of decision-makers fail them in the situation of uncertainty, and they become unable to make rational decisions. One of the main economists who have carried out the research of decision-making by bureaucracy were Brehm and Gates in their work â€Å"Working, Shirking, and Sabotage: Bureaucratic Response to a Democratic Public†, and Michael Lipsky â€Å"Street Level Bureaucracy: Dilemmas of Individuals in Public Services†. John Brehm and Scott Gates in their work were dealing with the problem of the types of bureaucratic decisions.As far as authors have found out, the decisions which the bureaucrats make are divided into 3 categories: working, shirking, and sabotage, which are very different in their descriptions. The main criteria is the matching the supervisors’ goals by the street-level bureaucrats in their decisions. In the category of â€Å"working†, the bureaucrats completely answer the goals which their supervisors put in front of them, and this is the most efficient decision-making for them.In the case of â€Å"shrinking†, the bureaucrats direct some of their efforts towards recreation or any other activities which have nothing to do with the goals set for them by the supervisors. The category of â€Å"sabotaging† is the leas t efficient because in this case the bureaucrats choose the goals which completely differ from the goals which their supervisors set for them, and that is why they can often fail to achieve the outcome which the supervisors would like them to achieve [1].According to the analysis of the mentioned categories, Brehm and Gates come to the conclusion that in many cases it’s impossible for supervisors to coordinate the actions of street-level bureaucrats, and thus the public policy which they carry out on a high level might appear very different from the policy which is actually provided on the lower levels in which the actual interactions of people with government occur.It means that the efficiency of the government policy becomes much lower in the case of street-level bureaucrats’ shirking and sabotaging because they don’t achieve the goals set for them by higher officials. The connection between the bureaucrats of higher and lower levels does exist, but it’ s much weaker in reality than it appears in theory, so many decisions might simply not reach the lower level.As far as the empirical evidence shows, the main argument in decision-making by street-level officials lies not in the instructions which they get from the top but from their own preferences, or the preferences which other bureaucrats have. However, here lies the crucial point of the analysis: lower-level bureaucrats have their own interests which they want to follow, but those interests turn out very close to the interests of high-level officials, and thus the actual public policy which is provided in the country becomes very close to the policy which was elaborated in the high level of government.This means that according to Brehm and Gates, by understanding the policy-preferences of the bureaucrats, we are able to predict the decisions they will make in different situations. Michael Lipsky in his â€Å"Street-Level Bureaucracy: Dilemmas of Individuals in Public Servicesâ €  also investigates the problems of bureaucrats behavior in relation to their customers, and decision-making by bureaucrats of low level in relation to the instructions they get from higher officials.According to the author, the mentioned issues are very important because â€Å"†¦in delivering policy street-level bureaucrats make decisions about people that affect their life chances. † [2] Michael Lipsky defines one of the main reasons of the importance of bureaucrats’ behavior in the fact that â€Å"†¦they play a critical role in regulating the degree of contemporary conflict by virtue of their role as agents of social control. Citizens who receive public benefits interact with public agents who require certain behaviors of them† [2].When investigating the main aspects of bureaucrats’ decision-making, Michael Lipsky believes in rational decisions of bureaucrats: â€Å"There is every reason to think that the general evaluations of social wo rth that inform the society will also inform the decisions of street-level bureaucrats in the absence of strong incentives to the contrary† [2]. Unlike Brehm and Gates, Michael Lipsky focuses not on the relationship of higher and lower level bureaucrats but on the importance of discretion in this matter.If Brehm and Gates tend to analyze the main categories of bureaucrats’ decision-making through the prism of their working, shrinking, and sabotaging categories, Michael Lipsky devotes his attention to the analysis of the necessity of discretion in making decisions. He finds the main reasons of that in the fact that street-level bureaucrats cannot learn by heart all the instructions which they were given and carry them everywhere, or decide every matter in the same way not regarding the difference of cases, or not to take into consideration a personal impression of a person.The discretion is very necessary in order to carry out the right decision because only the particul ar official investigating the particular case can make the right decision based on his knowledge of instructions and his general impression. In case of following his personal impression of interaction with a client, the bureaucrat doesn’t simply sabotage or shrink, but makes the only right decision in the particular case. Michael Lipsky argues that there are some practices which commonly contribute to routine control of clients.One of them is that clients are separated from the officers by certain desks in order to minimize the personal conflict. There are no comfortable sofas in such places, either. Another practice is isolating one client from another one for them not to know what is going on with others in the same position. It’s also important to mention that street-bureaucrats carry out special sanctions for those who disobey the order of the procedure. The investigations have shown that it’s impossible to conclude the general criteria for decision-making b y street-level bureaucrats.Brehm and Gates investigate the subject from the point of view of interactions between higher and lower level officials in the general outcome of the public policy, and argue that at the end, the preferences of the officials turn out the same. Michael Lipsky makes a point that discretion is very important in decision-making, and the influence of higher officials and instructions is minimized in this situation. Bibliography. 1. John Brehm and Scott Gates. â€Å"Working, Shirking, and Sabotage: Bureaucratic Response to a Democratic Public†. 2. Michael Lipsky. â€Å"Street-Level Bure

Logical Framework Analysis – Definition and Example

Logical Framework Analysis (LFA) LFA is an analytical, presentational and management tool which can help planners to: * analyse the existing situation during project preparation; * establish a logical hierarchy of means by which objectives will be reached; * identify the potential risks to achieving the objectives, and to sustainable outcomes; * establish how outputs and outcomes might best be monitored and evaluated; * present a summary of the project in a standard format; and * monitor and review projects during implementation.A distinction is usefully made between what is known as the Logical Framework Approach (LFA) and the Logical Framework Matrix (LFM). The approach involves problem analysis, stakeholder analysis, developing a hierarchy of objectives and selecting a preferred implementation strategy. The product of this analytical approach is the matrix, which summarises what the project intends to do and how, what the key assumptions are, and how outputs and outcomes will be m onitored and evaluated. The Logical Framework Approach consists of 2 phases – the Analysis Phase and the Planning Phase.The Analysis Phase consists of 4 steps – Stakeholder Analysis, Problem Analysis, Analysis of Objectives and Strategy Analysis whilst the Planning Phase consists of the LFM and Activity and Resource Scheduling. | Intervention logic| Indicators| Sources of verifications| Important assumptions| GOAL| Target groups’ health shall improve| 20% fewer cases of diarrhea, eye infections,malaria, blood parasites| Reports from health clinics inthe project area| | OBJECTIVE| Consumption of clean water shall increase from x to y and the use of latrines from a to b| | Project half –yearly reports| 1.Water sources remainunpolluted2. Primary health care andeducation are still provided| RESULTS | 1. 50% of the target group supplied with sufficient quantities of clean water2. 50% of existing water points in the target area repaired3. Hygienic habits of the target group improved| 1. water quality tested2. 50% of existing water points in working order3. All water points included in the maintenance programme4. Target groups’ habits more hygienic| 1. Project personnel who visit allconstruction sites when theinstallations are complete2.Reports from the District3. Half-yearly reports from theMin of Health 4. Examinations of the target group which is given training in health matters| 1. Maintenance system willcontinue to function2. Action to be taken: budget for current costs to be established at the healthauthority3. Target group is willing toadopt new habits in respectof water and sanitation| ACTIVITIES| 1. 1 Train xx personnel1. 2 Designate xx places for water points1. 3 Procure materials1. 4 Drill and construct xx wells2. 1 Train xx â€Å"water groups†2. Acquire materials2. 3 Repair xx old waterpoints3. 1 Survey present habits of hygiene3. 2 Train in hygiene| Project and costsForeign financingCapital goods ______ Operating costs ______Infrastructure ______Technical assistance (4)Total cost District 1 $_____Total cost District 2 $_____Total foreign cost ______Local financingPersonnel (unit at local health authority) ____Infrastructure _____Maintenance ______Operating costs Total cost District 1 $_____Total cost District 2 $_____Total local cost ____| 1.Necessary capital goods,materials and personnel areavailable2. Action to be taken: study tobe made3. Action to be taken: targetgroup participates in planning, implementationand follow-up4. Implementing organizationfulfils its obligations5. Action to be taken: healthauthorities sign anagreement| INPUT| | CONDITIONS| 1. Adequate supply of ground water of good quality2. Government continues to support the project|

Impervious and Impenetrable

Impervious and Impenetrable Impervious and Impenetrable Impervious and Impenetrable By Maeve Maddox The synonyms impervious and impenetrable have similar meanings, but, depending on context, one is preferable to the other. The words are used both literally and figuratively. Here are their literal meanings: impervious: Through which there is no way; not affording passage (to); not to be passed through or penetrated; impenetrable, impermeable, impassable. impenetrable: That cannot be penetrated, pierced, or entered; impossible to get into or through. Both words are negatives. Impervious is formed from the negative prefix im- and the adjective pervious. Impenetrable combines the same prefix, im-, with the adjective penetrable, which in turn comes from the verb penetrate. pervious: adjective. Allowing the passage of water, air, etc., through its substance; permeable. Freq. with to. penetrate: transitive verb. To get into or through, gain entrance or access to, especially with force, effort, or difficulty; to pierce. For example, using the words literally, one might say that cheesecloth is pervious to air and water, while a raincoat is impervious to water. The words are used frequently in a figurative sense. If something is impervious, things wash over it without entering. It remains sealed from outside influences. Something impenetrable is not only impervious, it resists efforts to pierce it, either literally, with a pointed object, or figuratively, with the mind. Compare the uses of both words in the following quotations from the web: Such a standard was originally developed to ensure that governments and other organizations could maintain electronic archives that would be relatively impervious to changes in technology. Recruits become fanatics on the subject, impervious to argument, quick to cut themselves off from doubters. After listening to the debate people made up their minds and were fairly impervious to new information. Let your plans be dark and impenetrable as night, and when you move, fall like a thunderbolt. Sun Tzu, The Art of War. After 9,000 emendations to James Joyces notoriously impenetrable novel, a smoother new edition is promised. The Guardian Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Passed vs PastLatin Plural EndingsOne "L" or Two?

A Critical Look at Death of a Salesman

A Critical Look at 'Death of a Salesman' Have you ever loved a rock band that had lots of great songs you cherished? But then the band’s hit single, the one everyone knows by heart, the one that gets all the airtime on the radio, isn’t a song you particularly admire? That’s the way I feel about Arthur Millers   Death of a Salesman. It’s his most famous play, yet I think it pales in comparison to many of his less popular dramas. Although it’s by no means a bad play, it certainly is overrated. Wheres the Suspense? Well, you have to admit, the title does give everything away. The other day, while I was reading Arthur Miller’s esteemed tragedy, my nine-year-old daughter asked me, â€Å"What are you reading?† I replied, Death of a Salesman, and then at her request I read a few pages to her. She stopped me and announced, â€Å"Daddy, this is the world’s most boring mystery.† I got a good chuckle out of that. Of course, it’s a drama, not a mystery. However, the  suspense is a vital component of tragedy. Sure, when we watch a tragedy, we fully anticipate death, destruction, and sadness by the play’s end. But how will the death occur? What will bring about the destruction of the protagonist? When I watched Macbeth for the first time, I guessed that it would conclude with Macbeth’s demise. But I had no idea as to what would be his undoing. After all, he and Lady Macbeth thought they’d never be â€Å"vanquished until Great Birnam wood to high Dunsinane Hill shall come against him.†Ã‚   How the heck is a forest going to turn against them?! Therein lies the suspense because, sure enough, the forest comes marching right up to their castle! The main character in  Death of a Salesman, Willy Loman, is an open book. We learn very early on in the play that his professional life is a failure. He’s the low-man on the totem pole, hence his last name, â€Å"Loman.† (Very clever, Mr. Miller!) Within the first fifteen minutes of the play, the audience learns that Willy is no longer capable of being a traveling salesman. We also learn that he is suicidal. Spoiler! Willy Loman kills himself at the end of the play. But well before the conclusion, it becomes clear that the protagonist is bent upon self-destruction. His decision to kill himself for the $20,000 insurance money comes as no surprise; the event is blatantly foreshadowed throughout much of the dialogue. The Loman Brothers I have a hard time believing in Willy Loman’s two sons. Happy: He is the perennially ignored son. He has a steady job and keeps promising his parents that he’s going to settle down and get married. But in reality, he’s never going far in business and plans to sleep around with as many floozies as possible. Biff: He’s more likable than Happy. He has been toiling on farms and ranches, working with his hands. Whenever he returns home for a visit, he and his father argue. Willy Loman wants him to make it big somehow. Yet, Biff can’t hold down a 9-to-5 job to save his life. Both brothers are in their mid-thirties. Yet, they act as though they are still boys. The play is set in the productive years following World War II. Did the athletic Lowman brothers fight in the war? It doesn’t seem like it. If they had, perhaps they would be completely different people. They don’t seem to have experienced much during the seventeen years since their high school days. Biff has been moping. Happy has been philandering. Well-developed characters possess more complexity. By leaps and bounds, the father is the best part of Arthur Miller’s play. Unlike many of the show’s flat characters, Willy Loman has depth. His past is a complicated tangle of regrets and undying hopes. Great actors such as Lee J. Cobb and Brian Dennehy have mesmerized audiences with their portrayals of this iconic salesman. Yes, the role is filled with powerful moments. But is Willy Loman truly a tragic figure? Willy Loman: Tragic Hero? Traditionally, tragic characters (such as Oedipus or Hamlet) were noble and heroic. They possessed a tragic flaw, usually a bad case of hubris. (Note: Hubris means excessive pride. Use the word hubris at cocktail parties and people will think you’re ever-so-smart! But dont let it go to your head!). In contrast, Willy Loman represents the common man. Arthur Miller felt that tragedy could be found in the life of ordinary people. While I certainly agree, I also believe that tragedy works best when the main character’s choices become whittled away, much like a masterful yet imperfect chess player who suddenly realizes he is out of moves. Willy Loman has options. He has a lot of opportunities. Arthur Miller seems to be criticizing the American Dream, claiming that Corporate America drains the life out of people and casts them away when they are no further use. Yet, Willy Loman’s successful neighbor continually offers him a job! Willy Loman declines the job without ever explaining why. He has a chance to pursue a new life, but he wont let himself give up his old, soured dreams. Instead of taking the decent paying job, he chooses suicide. At the play’s end, his loyal wife sits at his grave. She does not understand why Willy took his own life. Arthur Miller would claim that the dysfunctional values of American society killed him. However, I believe that Willy Loman suffered from senility. He exhibits many of the symptoms of Alzheimer’s. Why couldn’t his sons and his ever-attentive wife recognize his failing mental condition? It’s a mystery to me.

Employment at Will and Due Process Essay Example | Topics and Well Written Essays - 1750 words

Employment at Will and Due Process - Essay Example However, at the same time, "at will" employees enjoy rights parallel to employer prerogatives. They may also quit their jobs for any reason whatsoever, including no reason at all, without giving any notice to their employer. The law has upheld employment at will because it promotes business productivity and efficiency. Besides, there are already existing laws, such as those covering freedom to contract, union agreement, public policy, and the resort to courts, which can be used by employees to address their appeal regarding any violation of rights. Governments are naturally supportive of the growth and prosperity of private business because they contribute to the economy and the general welfare of the citizenry. Due process is a means by which a person can appeal a decision in order to get an explanation of that action and an opportunity to argue against it. The two aspects of due process are procedural and substantive. Procedural due process is the right to a hearing, trial, grievance procedure, or appeal when a decision is made concerning one's self. Substantive due process is the demand for rationality and fairness for good reason for decisions. Currently, the legal situation with respect to due process at work is only available to public-sector employ... Moreover, unless there is a public policy violation, the law has traditionally protected employers from employee retaliation during court actions. 2. Examine and critically assess each of the five justifications for EAW, as stated on page 308. Which of these arguments is the strongest How persuasive are Werhane and Radin's rejoinders to them Are there arguments to EAW that the authors have overlooked or not answered adequately There are five justifications for EAW. First is that the proprietary rights of employers guarantee that they may employ or dismiss whomever and whenever they wish. Employees provide a resource, in this case, manpower resources, much like other company resources, which have been deemed necessary by the employer to effectively conduct the business. Therefore, when the employer feels that an employee resource is no longer required, the employee may be dismissed. Second, EAW defends employer and employee rights equally, in particular, the right to freedom of contract, because an employee voluntarily contracts to be hired and can quit at any time. The employer's right to hire and fire is balanced by the employee's right to accept or reject employment. If any restriction will be imposed on the employer regarding EAW, a similar restriction should be imposed on the employee. If an employee will be protected from being fired, the employer must be similarly protected from having any employee quit employment. Limiting EAW practices or requiring due process would both be coercive Third, in choosing to take a job, an employee voluntarily commits himself/herself to certain responsibilities and company loyalty, including the knowledge that he/she is an "at will" employee. It is of the employee's free will that he/she accepts an employment

Greenhouse Business Challenge and Carbon Footprint - Apple Assignment

Greenhouse Business Challenge and Carbon Footprint - Apple - Assignment Example bon emission and 98% of the emission comes from the manufacture and usage of its products, and its operational response to the reduction of carbon footprint is through the design of its products (Grady, 2009). The company develops lighter, smaller and thinner products which are environment friendly. Imbimbo (2009) asserts that the new generation Ipad, is 33% smaller and 15% lighter compared to the old generation Ipad (p.16). This has resulted to a reduction of 5% carbon footprint from the company. From this policy of developing thinner and lighter products, the company has achieved success in reduction of carbon footprints in the manufacture, transportation and use of its products (Imbimbo, 2009). The best practice in the development of thinner and lighter products is to integrate all processes in the manufacture and design of the product to the principles of environmental sustainability which are to maximize energy efficiency, reduce the use of hazardous materials and promote the recycling of obsolete waste (Davis and Holzman, 2012). Samsung has achieved success in reducing carbon footprint by following the best practices of product design and manufacture of eco-friendly machines. For example the company has produced F2 eco-green drive which has low power consumption and is free of hazardous substances. Problems that arise in the three responses of an organization are high operational and implementation costs of the initiative and psychological resistance to changes by employees of the organization (Carbon , 2007).The larger the organization, the tougher it is to enact change, and issues of environmental conservation are difficult to understand by employees of the organization. In cost, especially during economic times, it’s difficult for organization to set aside funds in meeting their environmental obligations. The main problem in enacting environment friendly policies in an organization is psychological resistance from the employees. It is important for