The Readymade Garments Industry Of Bangladesh

The Readymade Garments Industry Of Bangladesh The readymade garments industry of Bangladesh is the fastest growing export oriented industry of the country. Starting in late seventies, the ready made garment industry of Bangladesh now accounts for over 64% of the countrys total export earning. A close look at the composition of RMG export of Bangladesh over the last two decades reveals that the woven garments sub-sector constituted the lions share. In fact, the beginning of the development of RMG sector started with woven garments in 1985. In the first half the 90s, the share of woven garments was above 80%. However, the share gradually started to decline to about 70% in five years late and to 62% in 2004 and to 38.80% in 2005-2006 (Export Promotion Bureau Bangladesh, 2006). In addition, compared to its double-digit growth in the 90s, the woven garments export grew only about 8% in 2000. Such a declining growth rate and a steep decline of the share of woven garments export in the total RMG export makes it urgent to re-evaluate the status of the sector of Bangladesh vis-Ã  -vis with that of the competing countries. Moreover, with the dominance of the proponents of free market economy, some changes are taking place in the global trade regulations affecting the readymade gar ments sector of Bangladesh in general. One example of such change is the phasing out of the apparel quota on December 31, 2004. Under these circumstances, it is imperative to assess the competitiveness of the woven garments sector of Bangladesh in the global market place. Hence the researcher studied the overall woven garment industry in group and this study analyzes the woven garments industry competitiveness of a single organization from strategic management perspectives. 1.2 Rational of the Study The objectives of the enterprise analysis are the following. To identify the vision, mission, objectives, and values of the company. To identify the process of crafting and executive strategy. To analyze the companys resources and competitive position. To find out the application of the five generic competitive strategies. To find out the application of various complementary strategic options. To find out the fit of the strategies to the company and the industry situations. To identify various diversification strategies. To find out the application of ethics and corporate social responsibility. To identify the leadership styles and corporate culture. 1.3 Scope of the Study The study has some boundaries. The following points delineate those boundaries. Because of the highly fragmented nature of the industry even in the domestic market (with about 400 woven producers present in different parts of the woven garments value chain), aggregation of enterprises could not be provided. Rather, a whole view point of the enterprise has been taken. This limits the researchers of this study not to use financial aggregation as well since only a few woven garments industries (not more than 5) are enlisted with the stock exchange. The analysis has been confined to the key markets of the woven markets. The markets where Bangladesh occasionally exports or where the amount of export is very small, those markets are excluded from the scope of the study. 1.4 Methodology 1.4.1 Research design The study, given the nature of the objectives, has a descriptive research design. Since this study is going to be one of the earliest studies with similar objectives about the woven garments sector, the research would be of reporting kind. According to Cooper and Schindler (2003), at the very elementary level a reporting study is done to provide an account, or to make a summation of data, or to generate some statistics. They have also argued that a reporting study requires very little inference. However, the current study answers what and why of Macro environment, industry and competitive conditions, and thus, requires a great deal of inference. Hence, the current study would be more appropriately termed as a descriptive study. Therefore, the research design for the study is descriptive research design. 1.4.2 Data collection 1.4.2.1 Primary sources The researchers collected the enterprise data organizing and a number of key informant interviews (KII) with the key persons in Rahim Textile Mills Ltd. as I have selected this organization for the enterprise analysis. Due to time limitation, the participants were chosen through personal contacts and participants willingness to participate in the discussion. The key informants considered were senior managers of the selected organization and a few bankers related to the organization. 1.4.2.2 Key Informant Interview The researcher will select at least 7 owners or managers to interview as key informants. This interview will focus on the enterprise level information like the vision, mission, objective, current performance in both local and international markets, the competitors in both markets, products and so on. 1.4.2.3 Secondary sources The researchers have explored the following secondary sources to meet the objectives of the report. Data inventory of Bangladesh Export Promotion Bureau Bangladesh (EPB) relating to readymade garments export. Data inventory of Bangladesh Garments Manufactures and Exporters Association (BGMEA) On-line news archive of newspapers and news agencies home and abroad Annual report of the company Books and journals at the library of Institute of Business Administration and University Press Limited 1.5 Limitations of the Study The current study is limited by a number of factors. First, the participants for KII have been chosen conveniently. Second, the list of questions KII has been developed from the scratch by the researchers themselves. However, these limitations are not likely to invalidate the conclusions. The reasons are the following. First, the researchers will depend on both primary and secondary sources. Second, the primary sources have been bifurcated into managers of woven garments companies in Bangladesh. Third, the list of questions has been checked for recasting by the instructor of the course. The refinement of the list of questions following the suggestions of such an expert enhances the relevance and reliability of the questions asked. Hence, these two approaches ensure cross-validation of information needed to fulfill the objectives of the report. Strategic Planning process for Rahim Textiles Limited Mission and Goal SWOT External Analysis: Opportunities and Threats Internal Analysis: Strengths and Weakness Functional Level Strategy Business Level Strategy Global Strategy Corporate Level Strategy Corporate Performance, Governance and Ethics Implementing Strategy in a Single Industry Strategy Formulation Implementing Strategy across Industries and Countries 2.0 Company Profile 2.1 Vision The vision statement of Rahim Textile Mills Ltd is to create added value to the common wealth and to benefit the society. From the discussion with company managers, the researcher revealed that by the above stated vision statement they want to mean to improve the well being of valued equity holders, investors, employees and members of the society without interrupting or disordering the universal socio-ecological-economic position and the process of human civilization leading to peaceful co-existence of all the living beings. The vision statement of Rahim Textile Mills Ltd. lacks the important characteristics of a vision statement. First of all, from the vision the kind of company cannot be identified. It is too much generic and fails to identify the business or industry to which it is supposed to apply. This vision can be applied to companies of any kind of industry. Secondly, the vision statement is not focused to provide managers with guidance in making decisions and allocating resources. The vision is also bland and lacks motivational power. Finally, the vision statement of the company is vague in meaning; no concrete objective is mentioned in the vision. 2.2 Mission Realize the vision; the mission of the company is to play a leading roll in export oriented textile sector through reasonable application of Knowledge and Skills. This mission is also very weak in meaning. There is no description of the companys present business scope and purpose in the vision statement. 2.3 objectives The objective Rahim Textile Mills Ltd is to maximize our productivity on strict ethical standards at minimum cost to ensure optimum growth of wealth of the company. This is basically falls in the type of strategic objective. Since the company is making profit satisfactorily and the existing financial condition is healthy enough, they are concentrating on the strategic objective. 2.4 History Rahim Textile Mills Ltd started its journey in 31 December, 1981. The company commenced production in the year of 1987. Initially the company was producing only woven garments, afterwards with the expansion strategy the company built its capacity in both woven and knit sector as well as in dyeing. They already established huge factory at shafipur, Kaliakar and Gazipur, all outside but very much near to the capital city. The company has four sister concerns. They are as follows: Malek Spinning Mills Ltd. Knit Asia Ltd. New Asia Ltd. Salek Textile Ltd. Rahim Textile Mills Ltd. enlisted in Dhaka stock exchange on 29 March, 1988. 2.5 Products The main woven products of Rahim Textile Mills Ltd are shirts, trousers, hats and jackets, mostly made from cotton. Recently the company are enlarging its product width and producing inner wears for different worldwide famous brands. On the other hand, the company also produces knit garments products, e.g. sweaters and socks. Products Cotton products Shirts, trousers, hats and jackets Knit garments products Sweaters and socks 2.6 Export Volume and Destination As we discussed with the key persons of the company, the informants were declined to disclose the exact quantity of exports from their production, but they mentioned the proportion of export to total production. They mentioned that the company exports about 92% of its products. Most of the export is sent to USA as well as the other major portion in EU countries. From figure 2.3, it can be concluded that earning per share of the company is consistent and higher in the last year. In the last year Rahim Textile Mills Ltd. diversified its business in knitting sector and the result is increased earning per share in the last year. 3.0 Internal Analysis 3.1 Core competencies By the definition of core competence, it is a competitively important activity that a company performs better than other internal activities. In case of Rahim Textile Mills Ltd. its core competence is the quality of its products. In production the company has been using its highly experienced and skilled professional in its manufacturing process. Therefore it already gained loyalty from its buyers. The company not only concentrates in quality, but also maintains the cost of the product so that the cost becomes competitive among the rivalry in the industry. 3.2 Distinctive competencies From literature, distinctive competence is a competitively valuable activity that a company performs better than its rivals. The researchers tried to identify distinctive competence of Rahim Textile Mills Ltd. through key informant interview with the top level managers of the company. But from the response of the KII participants, it has been revealed that the company has no distinctive competence to attract the vigorous buyers in the market. 3.3 Key resources Key resource strengths of a company generally form the cornerstones of strategy and make the company competitive in the industry. From the KII with the top level managers of Rahim Textile Mills Ltd. the researcher identified that key resources of the company are: Highly experienced professional Better technology Better market access 3.4 SWOT Analysis In order to accomplish SWOT analysis the researcher followed the steps below. Figure 3.2: Steps of SWOT analysis. 3.4.1 Resource strength and competitive capabilities From primary data of KII and secondary data, the researchers identified the following resource strength and competitive capabilities. Highly experienced and skilled workforce as its intellectual capital relative to rivals which provides the company learning and experience curve advantages. Better product quality compared to the medium size competitive rivals Better customer base as compared to the small garments companies Technology is on average updated, but not like that of Square textile or Bex-tex Capacity is well-matched with its production volume. 3.4.2 Resource weaknesses and competitive deficiencies Potential resource weaknesses and competitive deficiencies of the company, as identified by the researcher, are mentioned below. The company has no clear strategic vision to direct the company towards specific targets Behind rivals is using e-commerce for their promotion purpose whereas the company even has no website for the convenience of information gathering by the foreign buyers. Its product line is narrow compared to the other rivals in the industry. It has no brand image in local market and very weak influence of brand in the global market, only with the selected suppliers. Long lead time is another crucial factor for which the foreign buyers are declined to buy its products. 3.4.3 Market opportunities Although Rahim Textile Mills Ltd. had been running their business in woven sector only, they are now expanding their business horizon in the knit sector also. The company realized that its skilled and experienced workforce can be utilized in the knit sector effectively and efficiently. We foresee a brighter future for us. Print and dyeing orders shall increase overall. We must continue to strive to achieve more orders which shall ensure greater progress and prosperity. It has become essential for us to embark upon capacity enhancement and balancing of our dyeing printing machineries urgently to meet the stringent quality assurances imposed by the buyers. We need to improve labor productivity and consistency in quality. We will face tougher competition both from within and outside. We need to resolve issues related to bond and customs to ensure faster disposal of imported raw materials. We need to work extensively and pursue the government to have provision of subsidy and other incen tives at different stages of production and process to remain competitive in the international market. The concerted and coordinated efforts will ensure higher production, better quality to make the production year 2007-2008 the year of greater progress and prosperity. 3.4.4 Threats to the future profitability Day by day the strong rivals are capturing the markets available to the industry in Bangladesh. Another threat is coming from technological change. Rahim Textile Mills Ltd. is not large enough to regularly update its technology to compete with other key rivals and so losing market share gradually. Besides, the company is facing cost cut competition from the rivals. 3.5 Prices and costs competitiveness The rise in the price of chemicals and dyes by over 30% also affected the order acceptance and overall production. Exporting countries of dyes, Chemicals and Colors especially China, India increased their prices making the market very competitive and difficult. Buyers took advantage of the competition amongst similar dyeing printing Factories and offered lower price. Despite such a situation we could improve both export and local market prices. Dearth of the trained manpower had led to poor labor productivity and inconsistency in the quality of textile products. 3.6 Business model A companys business model relates to whether the revenue-cost-profit economics of its strategy demonstrate the viability of the business enterprise as a whole. In case of Rahim Textile Mills Ltd. business model of the company is not only viable but also it shows its success in many consecutive year as the company is making huge amount of profit regularly. The business model of Rahim Textile Mills Ltd. is a proven model which ensures the companys viability in the market for a long period- from 1986. 3.7 Value chain of the company The value chain of Rahim Textile Mills Ltd. is similar to the following value chain model. Absent Figure 3.3: Value chain model for Rahim Textile Mills Ltd. On the value chain model, Rahim Textile Mills Ltd. lacks efficiency in sales and marketing. Therefore the company is loosing market share to the competitive rivals. Also there is no R D department in the company. This is why they are lacking in product innovation and product differentiation. 3.8 Dimensions of organizational culture Culture of an organization consists of the characteristics as described in the following figure. Figure 8.1: dimensions of organizational culture From the perspective of the woven garments industry in Bangladesh, most of the employees in the industry come from inferior background in terms of both academic and social status. Almost all the workers educational background is either SSC or below SSC. They are mostly unaware about the culture of the organization. Even the managers are very little concerned about the culture of their organization. From our focus group discussion, the discussants give importance on the following characteristics of organizational culture: Aggressiveness The managers are aggressive with their workers rather than easygoing. The managers always give pressure to the workers about their performance. Even a worker is performing satisfactorily; she or he is not given any kind of motivational incentive or compliments to continue his performance. Team orientation In this industry team orientation among the employees is nearly absent. The managers, in most of the cases being unaware about synergy, do not bother about the performance of team, rather always prefer individual performance. People orientation People orientation reflects the degree to which the management decisions take into consideration the effect of outcomes on people within the organization. By definition and comments of the discussants of FGD, this characteristic of organizational culture is rarely practiced by the managers in planning, design and implementation of production. Outcome orientation Outcome orientation measures the degree to which management focuses on results or outcomes rather than on the techniques and processes used to achieve those outcomes. In most of the woven garment industry the production managers are outcome oriented. They attach importance to the quality of the products rather than their production process and technology used in production. Attention to detail Attention to detail is the degree to which employees are expected to exhibit precision, analysis, and attention to detail. Since most of the workers in the garment industry are unskilled and even they are not provided any kind of training, they must follow the guidelines of their work literally as mentioned by the managers. 4. External Analysis 4.1 Competitor Analysis Major competitors of the Rahim Textile Limited is given below Monno fabric, Babylon Garments, Desh garments and Viella-tex Square Textile Mills Beximco Textiles The factors of similarity are mostly activism in marketing and selling, availability of local raw materials, delivery reliability, and level of backward linkage. 4.2 Competitive Positioning In order to identify the competitive position of the company, the researcher used strategic group mapping considering the selected 7 companies by the group. In strategic group mapping researchers has given importance to the cost of the products, product quality, active marketing, lead time, delivery time, and export quantity. The figure above shows that Monno fabric, Rahim textile, Babylon Garments, Desh garments and Viella-tex have similar ranking on the basis of the two attributes. All these five companies have higher quality while they are low in price. So, these five companies emerge as a strategic group. On the other hand, Square and Bex-tex have average performance on each of the considered factors of the mapping and hence, they can be said to fall in the same group. 4.3 Textile Industry: The textile industry in Bangladesh occupies a prominent position within the countrys industrial structure. It is the largest manufacturing sector, providing jobs for some 50% of the total industrial workforce and contributing 9.5% of the countrys GDP. Also, it accounts for almost 77% of total exports, making it Bangladeshs leading foreign exchange earner. In the early 1980s exports were dominated by jute while garment sales were insignificant. But today garment exports are by far the leading export category. In 2001/02 the clothing sector generated as much as US$4.58 bl in foreign exchange. The industry benefits from special access to markets in the EU, Canada, Norway and Japan. Because Bangladesh is a least developed country, its textile and clothing exports enter these countries quota-free and duty-free. This concession, together with low labour costs, provides the garment sector with a strong competitive advantage. But in order to produce garments for export, the sector has to purchase a large share of its yarn and fabric needs from abroad, especially woven fabrics. Few local textile firms are able to produce materials of the required quality or in adequate quantities. The Bangladeshi government is attempting to remedy this situation. To reduce the countrys import bill, it is offering tax concessions and incentives aimed at encouraging investors to develop the necessary backward linkages. Profitability of a market/industry depends on strength of five threats to profitability: 4.4 Porters Five Factor Analysis: 4.5 Industry life cycle Analysis: A useful tool for analyzing the effects of industry evolution on competitive forces is the industry life model, which identifies five sequential stages in the evolution of an industry that lead to five distinct kinds of industry environment: embryonic, growth, stakeout, mature and decline. Embryonic Shakeout Decline Maturity Growth Textiles industry is at maturity stage in the industrial product life cycle stage. 5.0. Strategy Analysis 5.1 Generic Competitive Strategy A competitive strategy concerns the specifics of managements game plan for competing successfully and achieving a competitive edge over rivals. A company achieves competitive advantages whenever it has some type of edge over rivals in attracting buyers and coping with competitive forces. There are countless variations in the competitive strategies that companies employ. Mainly because each companys strategic approach entails custom-designed actions to fit its own circumstances and industry environment. The mostly used five competitive strategies are shown in the following figure: Figure 4.1: Five generic competitive strategies 5.2 Low-cost provider strategy Among the five mentioned competitive strategies, Rahim Textile Mills Ltd. achieve overall low-cost provider strategy. The company is the lowest cost provider rather than just being one of perhaps several competitors with comparatively low costs. The companys strategic target is meaningfully lower costs than rivals but not necessarily the absolute lowest possible cost. 5.3 Fitness of the strategy Ready made garment industry is moving very fast, new competitors are emerging in the market frequently; growth rate is decreasing year after year. To cope with changes Rahim Textile Mills Ltd. must tailor its strategy so that the company can become profitable and competitive to surrounding rivalry establishing a distinctive competence. 5.4 Strategies for entering the market More and more companies are finding themselves in industry situations characterized by rapid technological change short product cycles because of entry of important and fast-evolving customer requirements and expectations -all occurring at once. Due to the entrance of new competitors the market for Rahim Textile Mills Ltd. is shrinking. To compete with these fast moving changes, this company has to be technologically sound, product innovative to attract the change-demanding customer and product diversification. 5.5 Strategies for coping with rapid changes It is very important to understand the key driving forces of an industry to decide upon the strategy of any company inside the industry. By searching the internet, reviewing related literatures, implementing key informant technique, and by organizing focused group discussion the following key forces have been identified. Growing use of internet technology and applications Increasing globalization Changes in the buyers requirements Changes in cost and efficiency Changes in global regulations in the textiles and apparels industry In Bangladesh internet technology and web applications play a vital role in establishing collaboration between importers and buyers abroad. Exporters communicate with Importers though internet where buyers put their proposal and ask for bidding. Prospective sellers bid through the internet and the lowest bidder is rewarded with sales contract This is how internet technology acts as a bridge in connecting business people across different parts of the world. In domestic market there is no such seller who uses websites as a part of their supply chain. Amazon uses website as a competitive tool in gaining customers. But such facilities havent yet gained prominence in a developing country like Bangladesh. So Rahim Textile Mills Ltd. can take an initiative eto develop website for buyers and suppliers. The overall global trade is increasing phenomenally every year and after. In business the process of going global is largely marked by increasing volume of export and import and greater number of licensing, franchising, strategic alliances, joint venture and setting up of foreign subsidiaries by business houses. Thomas Friedman while describing the trend of globalization summed it up in one sentence that globalization is farther, faster, cheaper, and deeper.(Hossain and Sandhir 2004) Key informant interviews reveal that trade liberalization has made it much easier for entering into new market and carry out manufacturing activities by out sourcing them. Brands like Reebok, Marks Spencer, Denim, Wall Mart, Levies, Nike etc. out source their manufacturing activities to countries like Bangladesh where they can get value chain activities done cheaper than any other part of the world. Although the ready made garment sector is not so much speedy changing, it has to be proactive about the market demand and thereby make itself prepared for the market demand. Other option is the company can react with the change. Rahim Textile Mills Ltd. is considering the latter approach. It is reacting with the changes. When the other companies are fighting to reduce lead time and improve delivery time, this company also trying to walk in the same way. The company is trying to incorporate new technology for its production process. 5.6 Strategies for sustaining rapid company growth As Rahim Textile Mills Ltd. is medium size company in the woven sector industry in Bangladesh, the company is following horizon 1: short-jump for sustaining rapid company growth. By this technique, the company is adding new items to the companys present product line, expanding into new geographic areas where the company does not yet have a market presence and launching offensives to take market share away from rivals. The objective of this short jump is to capitalize fully on whatever growth potential exists in the companys present business arenas. The sustainability of exports of woven garments in Bangladesh remains under question as the sector lacks backward linkages far from the requirements. At present, around 20 to 25 per cent of the raw materials required for the woven garments are supplied domestically whereas the same for the kit garment is 75 to 80 per cent. The manufacturers depend on the international market for the rest of the raw materials required for both the sectors. Given the pattern of growing demand for TC in the international market and the increasing competitiveness from the major exporting countries it would be difficult for Bangladesh to stand in the competition with her limited supply-side capacity. Bangladesh may supper a serious setback in outsourcing raw materials from the international market. 5.7 Diversification Strategy The big risk of a single-business company is having all of rhe firms eggs in one industry basket. If the market is eroded by the appearance of new technologies, new products, or fast-shifting buyer preference, then a companys prospects can quickly dim. For these reasons the company takes diversification strategy to broaden its business horizon. In the researchers case analysis, Rahim Textile Mills Ltd. has also realized the risk of single-business Company and also realized that the existing potential resources can be utilized efficiently if the business is broadened with the similar sectors. From this view point, Rahim Textile Mills Ltd. has extended its business in knitting sector as well as spinning. 5.8 Strategies for entering new businesses From the view point of input side, Rahim Textile Mills Ltd. considered the following factors in expanding its business horizon in new businesses. Existing technologies and expertise complement to the expanded business Existing competencies and capabilities are same valuable competitive assets for the expanded business New business in spinning and knitting is closely related to existing woven garments and so opens new avenues for reduction of cost The existing suppliers expanded their supply in spinning and knitting raw materials as well as buyers demanding products of knitting garments. Besides the management of Rahim Textile Mills Ltd. has thought about the outcome and the benefit of shareholders so that value is added to them.. There were three different choices for the company to diversify in the new business. The choices are as follows: Acquisition of an existing business

A heart, a life, a cure

What causes heart problems? Young and old people alike have been keen on the effects of heart problems mostly leading to stroke, disability of immobility, even death.We know of the heart as a concept of biological lifeworks affecting the brain, blood flow and other functions of human overall body system. The context of the heart continuously contracting, pumping and relaxing warrants constant supply of oxygen carrying blood and nutrients. The presence of cholesterol plaque which was found to accumulate through the years will successfully block the flow in the coronary artery. This is turn will deprive the heart of its vital requirement.Lately people have realized the importance of looking to the effects of high cholesterol and diet but it seems not to work on a lot of adults anymore. Are we coming in to the theory of starting life, in its literal meaning, at a very early age of pre teens like the age of ten to twelve? Finding difficulties in controlling the disease implies human inte lligence inability to create appropriate interventions. This paper seeks to recommend early age intervention as appropriate part solution at a macro level of the problem. Let’s take a look with the cause of heart system failures.Cholesterol plaque is seen to be increased by smoking, fatty foods, inactivity, high blood pressure and high cholesterol levels. The five causes are notably common and are expected to affect people in as early as the age of thirty.Cholesterol build up may not be detected immediately since it is slow and accumulates over years. Cholesterol plaque grows and merged with other cholesterol plaques that has infiltrated through the walls of the artery through the years. Plaque rupture and heart attacks structural damage are irreversible and shall be noted and understood by every human being on this planet.Smoking reflects social habits, social classification, and produces layers of platelets that progresses to thrombosis or blood clots resulting to rapid inc rease of heart rate (Schneider 2006).High blood pressure is the common product of stress generated psychosocial factors of anger, hostility, depression, work overload, and anxiety. Cholesterol rich diet more in saturated fat increases cholesterol levels.Dissecting each of the causes and realizing the effects on controlling over intake in an adult will make us understand that doctors may just be generating prescriptions to extend life and sustain the heart but not intervention. Intervention in an adult stage where cholesterol plaques were already accumulated and have been affecting heart beats is a matter of superficial medical practice.Analysis will show that man as intelligent as he is cannot prevent the onset of cholesterol deposits which immaturity and childhood practices of more saturated fats intake have been made a fad for children and youth. Diet and practices before teens are simply irresistible and uncontrollable where parents commonly regard it as an approved or agreeable food habits. In the life of a person, please take note where you eat most of the don’ts and you will see that it is in the pre teens. This is the age where cholesterol intake interventions shall be properly managed and controlled.The psychosocial conditions of stress and smoking in both adult and young people are always present no matter how hard the government seeks to control economics and environment. The heart disease effect is one sure thing which a general prescription to sustain blood flow can be generated to extend life but the attempt to make interventions on the psychosocial factors of stress and smoking points to a lot of relevant network of sub problems and headaches.Everything refers to a change in the menu, availability of the food, corresponding budget, and a whole lot of factors covering human interaction and stress. Research has not even started to perfect the failing conditions of family life and failing government strategies. These are the contributing fact ors of mankind’s failure to decrease heart illness death rates. The only option available is treatment of emergencies and prolonging life. That is our reality and it still is not changing.

Secrets (Speech)

Right now there are over 7 billion people in the world who are lying and keeping secrets the average person has kept or is still keeping at least over 100 and in a world of over 7 billion people that is a lot of secrets and lies people are keeping or telling people often ask â€Å"why do people keep secrets? there are 3 main reasons people do; the first one is the fear of being rejected, people dont want to face the feeling of being rejected by the person it is just an awful feeling to have two is that people want to keep the peace they dont want to hurt each other by telling them something they dont want to hear. And the last one is that people don’t want to be confronted by whatever they did Secrets and lies are very closely linked to each other the person is keeping the secret because instead they lied.When you lie you are just creating problems for yourself because then you are going to have to remember what you said and the fact that you are telling a lie means you are k eeping a secret from someone When it comes to ‘lying’ there are different types like remember when your parents told you about ‘farther Christmas’ or the ‘tooth fairy’ they were telling white lies to let you have a child hood but they knew one day you were going to find out then your life would be crushed but only for a little while.But then you get people who lie about serious stuff like stealing something or not doing homework or telling your mom you feel violently ill just to miss something you don’t want to go to or even worse stealing her money to buy those cute shoes you saw at the shops.And this isn’t just that rare one person who lies and tells secrets it’s mainly all of us everyone has at least told a lie or kept a secret and it won’t just be one it will be quite a bit more than that But why can’t we all just be honest and tell the truth its less things to remember and less things to try forget? Simpl e you can’t everyone will lie society is a cruel place and there will never not be secrets or lies and if you say you haven’t ever kept a secret or told a lie†¦ stop lying to yourself†¦ because you probably have everyone has.

The Theory Of Management Is Important Part Of Any Business...

Management is arguably the most important part of any business or organisation. Without successful management any organisation will struggle to succeed in today’s competitive business world. But what is the best approach for managers to take? How can employers use the idea of motivation within their management approach, to achieve a true competitive advantage? From the moment that the labour shortage hit the United States of America, during the industrial revolution, back in the early 1900s, theorists around the world have been attempting to answer this very question. With the two main ideas being the classical perspective and the behavioural approach, there are a number of key differences between the approaches that managers should all be aware of. The behavioural perspective is also believed to have addressed some of the criticisms that the scientific approach, a subfield of the classical perspective has received. The earliest study into management began with the classical perspective. Developed in the early 1900’s the classical perspective â€Å"emphasised a rational, scientific approach† (Samson, Catley, Cathro, Daft, 2012, p. 54) that’s main objective was to help increase productivity of workers. The classical approach is a very structured, un-personalised perspective, with little thought into the less mathematical needs a workforce. The three management approaches that it includes are scientific management, bureaucratic organisations and administrative principles.Show MoreRelatedOperations Management Paper1329 Words   |  6 Pagesto the Field of Management NAME Amberton University Operations Management MGT5203.E1 Teacher June 13, 2011 MGT5203 Assignment 1 - Contributions to the Field of Management What is operations management? Operations management is the management of processes that create goods and/or services which is the core to any business. 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To have an organizational and management analysis review of organizational chartsRead MoreBusiness Management : Motivation Theories Analysis Paper1384 Words   |  6 PagesBusiness Management (Motivation Theories Analysis Paper) By Ethan Cole Table of Contents Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 1.0 Motivation Types†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.2.0 Motivational Theories†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....2.1 Investigation into Workplace Satisfaction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3.0 Evaluation of Performance Pay / Recommendation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4.0 Appendix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5.0 Appendix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5Read MoreThe Mission Of College : Nitt Is An Educational Institute Recognised By Nzqa And Provides High Range Of Business Essay1298 Words   |  6 PagesTask 1 Nitt College: Nitt is an educational institute recognised by NZQA and provides high range of business courses, marketing; accounting etc. the mission of institute is to provide good courses to student with help of appropriate resources and technology. They provide leadership in teaching, learning, assessment and professional development for diverse community within New Zealand. The address of college is 13b ronwood ave, manukau. New Zealand National College- This College was started in 1989Read MoreThe Classical School Of Thought1358 Words   |  6 PagesIntroduction Management styles have evolved over the years. Being able to adapt the management style to the needs of the organization is crucial for the continued success of the business. During his time at Recycled Furnishings, Robert enjoyed success as a manager because he was able to adapt his style to changing environments. This paper will examine Roberts styles, which theorists best represent him, and how Thor Enterprises will further transition with a 21st century manager. Part One When Robert