Forecasting the manpower needs of Ya Kun Essay

Question-1: How would you forecast the manpower needs of Ya Kun? There are few ways by which we can forecast the manpower needs of Ya Kun Kaya. They are: * Trend analysis * Ratio analysis * Scatter plot and * Computerized system Based on trend analysis, we can find new recruit by studying the variation of their past employment levels which means that they can provide an initial estimate of future staffing needs, but employment levels rarely depend just on the passage of time. They looked their past performance of sales, productivity and so on to estimate their employee also because if their performance goes beyond their expectation like Ya kun that have many outlets throughout the world, they may required more employee either full time or part-time. Other forecasting method that we can use to forecast their manpower is ratio analysis. In this method, the forecasting would be based on the historical ratio between some causal factor (like sales volume) and the number of employee required such salespeople. In this case, Ya Kun need more employee because they need more salespeople to run the business in each of their outlets. The sales volume for Ya Kun also one of the factor that Ya Kun need to recruit employee. Compared to trend analysis, ratio analysis assumes that productivity remains about the same. Another method we can use is scatter plot to forecast their manpower. In this method, the personnel may use two related variables to indicate the relation between the two such as sales volume and number of employee. If these two factors are related, then the points will tend to fall along straight line then the personnel can forecast the need of new recruitment. Computerized forecasting also is one way that can be used to forecast their need of manpower. With programs like these, employers can more accurately estimate how many employee that they need to projected productivity and sales. Question-2: What are the advantages and disadvantages of Ya Kun’s hiring part-time workers? Advantages of hiring part-time workers include: * Flexibility in scheduling as they help to fill in the gaps when the full-time workers go on leave or are taken ill. * Part-timers will complement the full-time workers. * Allows Ya Kun to tap into a larger available pool of job applicants as many more people may be willing and able to work part-time as opposed to full-time. * They may be deployed strategically during peak hours. Disadvantages include: * They may be less committed to the company. * It may be more difficult to integrate them as they only work occasionally. * Having too many part-time workers may affect teamwork. Question-3: A good attitude and commitment are two important attributes that Ya Kun looks for in its job applicants. Is a job interview an effective method to assess these two attributes? What else can Ya Kun do to get reliable information on these two attributes? A job interview may not be the most effective method to assess these two attributes as they are not directly observable during the interview process. In order to obtain reliable information on these two attributes, managers of Ya Kun may: * Ask the job applicants for referrals in the application pack, and contact the referrals to obtain information regarding these two attributes. * Use critical incidence interviews to test if the job applicants have past examples of these attributes. * Provide job applicants with a realistic job preview by telling them about all the challenges and worst case scenarios that their staff faces. This allows the applicants to have a better idea of the job and make a better-informed choice of whether to take up the job or not. * Use role-playing exercises where the applicants play the role of the staff, and the managers the customers, so that the managers may observe how the applicants may potentially react when they are actually working for Ya Kun. Question-4: What suggestions would you make to Ya Kun to improve its recruiting processes? Ya Kun’s low turnover rate and large pool of hardworking committed workers indicates that its recruitment processes are working well. However, to improve their recruiting process, Ya Kun’s managers may choose to: * Use more internal referrals as employees know what kinds of applicants will fit well with the prevalent company culture. * Hire a larger ratio of part-timers to full-timers as this allows them greater flexibility in scheduling. * Convert part-timers to full-timers if they perform well and if they are open to the switch. * Maintain contact with those employees who have left the company so that they can be informed of any new positions in the company. Q1. Ya Kun can forecast the manpower needs by using ratio analysis to conduct a quantitative analysis of information in a company’s financial statements. Ratios are calculated from current year numbers and are then compared to previous years, other companies, the industry, or even the economy to judge the performance of the company. Based on the analysis, Ya Kun could increase their salesperson to run the business in their outlet. Ya Kun can even use trend analysis as an aspect of technical analysis that tries to predict the future movement of a stock based on past data. Trend analysis is based on the idea that what has happened in the past gives traders an idea of what will happen in the future. Based on trend analysis, Ya Kun can find new recruit by using their past experienced by estimating the number of staffs needed in future. The organization could either recruit full- timers or part timers. YaKun also can use computerized system to predict the manpower needs for their organization. The employer could estimate the number of staffs needed to increase their sales. Q3. A job interview is not really an effective way to assess these attributes. It is because a job interview is only a process in which a potential employee  is evaluated by an employer. During this process, the employer hopes to determine whether or not the applicant is suitable for the job by looking at their experience and academy level. If Ya Kun is looking for an employee with a good attitude and commitment they could use behavioral interview questions. Through this way the employer could ask questions related on what they did in past jobs or life situations that are relevant to the particular job and skills. The answers given by the applicant can be used to predict their future performance in similar situations. Ya Kun could also use situational interview questions. During the question and answer session the applicant will be ask to imagine a situation and respond base on it. Based on the answers given, the employer could predict the commitment level of the applicant. Ya Kun could use the two weeks training period to study more about the applicant because it is difficult to judge the attitude and commitment level during theinterview. Usually commitment level and attitude will be only revealed after acertain period of time.

Britain Between the Wars Essay

The armistice came into effect at 11.00am on 11th November 1918 and effectively brought the fighting on the Western Front to a close. In more than four years of war Britain and the Empire had lost more than 750,000 dead in France and Flanders, with many times that wounded and sick. The political and social life were ruined not only by the war, but also by the severe crises and by the dividing of the society into classes. The 1920’s and 1930’s were unhappy decades for most of the people in Britain. The Liberal Lloyd George enjoyed wide support by the Conservative party and duly formed a new coalition government. He immediately transformed the British war effort, taking firm control of both military and domestic policy. A general election the first for 8 years was held in December 1918. This election was often called â€Å"the coupon election†. Conservative leader Bonar Law identified candidates who agreed to support them with a letter of endorsement, signed by both, and known as a â€Å"coupon†. Coupons were issued to 159 Liberal candidates and 364 Conservatives though in some cases, they were rejected. This election are also considered the first universal elections in the United Kingdom of Great Britain and Ireland, in which for the first time the majority of poorer British and Catholic Irish adults were allowed to vote for Parliament. The decision of Lloyd George to create a coalition between the Liberal and Conservative party hardened the divisions within the Liberal party and after the election the division of the Liberal party was even deepened. In 1920’s the Labour party succeeded in overtaking the Liberal party and establishing itself as one of the country’s two main political parties. By the end of 1921 unemployment has risen beyond 2 million. There were several reasons for the decline in industry after the First World War. Structural weaknesses in the British economy meant a disproportionate number of jobs were in the traditional industries. A lack of pre-war technological developments and post war competition damaged the economy and the new industries which emerged employed fewer people. At the same time Britain began to lose her overseas markets due to strong foreign competition. A committee on unemployment was set up in 1920 and recommended public works schemes to ease unemployment, this led to the establishment of the Unemployment Grants Committee. The government wished, also, to return to the gold standard, a move which would have required cuts in public spending. In Unemployment Insurance Act 1920 extended unemployment benefits to cover all workers who earned less than  £250. The â€Å"Seeking Work Test† was introduced in 1921, it stated to receive full unemployment benefit there had to be evidence the recipient was looking for work. The Addison Act after Dr. Christopher Addison, the then Minister for Housing was passed to allow the building of new houses after the First World War, and marked the start of a long 20th century tradition of state-owned housing, which would much later evolve into council estates. Education Act or know as Fisher Act was enacted in the 1918, it extended educational provision, increased the powers and duties of the Board of Education, raised the school leaving age from 12 to 14 and gave all young workers right of access to day release education. (The raising of the leaving age was not immediately implemented, however, and had to wait until the 1921 Act). Other features of the 1918 Education Act included the provision of ancillary services (medical inspection, nursery schools, centres for pupils with special needs, etc.).

Biology Article Analysis Essay Example | Topics and Well Written Essays - 750 words

Biology Article Analysis - Essay Example Miller and several others started to construe that life started not in heat but in ice-at temperatures that hardly any living creatures can currently subsist. The very rules of chemistry may have preferred ice. If existence on Earth began from ice, then man's probability of discovering life in another place in the solar system-not to point out anywhere in the galaxy-could possibly be superior than we could ever think of. The researchers were amazed by the results of the samples which appear better in cold temperatures rather than in room temperatures. With these findings, they tried to submit their documents to a well-known science journal but they were rejected. The reviewer had different theories and notions about their findings such as the idea that the molecules were formed while thawing. Being challenged by this, the researchers conducted more experiments to strengthen the validity and reliability of their claims. When the time came for Trinks to go back to Hamburg in 2003, the scientist had created an assumption that ice was responsible not only for just concentrating chemicals. The ice facade is a plane of positive and negative charges; Trinks predicted those charges seizing specific nucleobases and piling them like Lego, aiding them to combine into a series of RNA. For years scientists had attempted to force RNA chains to develop under all types of circumstances without the means of enzymes; this feat was reached when they were able to form a chain which consisted of about 40 nucleobases. When Biebricher examined his own trials, he was surprised to discover RNA molecules up to 400 bases in length. In more recent, some of his experiments he states he has monitored RNA molecules 700 bases in length. The scientist's outcomes are incredible that some contemporaries have questioned whether unintentional contamination is a possible reason. Orgel supported the experiment. He stated that it was a remarkable result. The experiments and finding of the research opens up possibilities of being able to answer the origin of life on earth as well as the probability of man being able to live elsewhere in the solar system. The common themes that I have noticed on the discussions in the article that I had are: identification and justification of the experiments and findings of different researchers and scientists, the scientific explanations of opposing views and reactions regarding the experiments, the collaboration of experts in the field of biology. Aside from this, the article also provided an insight as to how tedious the jobs of researchers are for it takes years or even decades to be able to come up with breakthrough findings which needs adequate amount of evidence for support. Even though the research already existed for decades, the public still has skepticisms that can be used to challenge, oppose and criticize the works of the researchers. Miller

STRATEGIC MANAGEMENT Case Study Example | Topics and Well Written Essays - 4000 words

STRATEGIC MANAGEMENT - Case Study Example The trend is such that the businesses and consumers expect to communicate with each other instantaneously. Information Technology has brought huge increase in the level of productivity in the last few decades. There has been a union between the telephony sector and IT, which was driven by altering the voice traffic from the analogue signal to a digital packet. The union is indistinguishable from the rest of the data packets, which travel via the computer network (Graduate Prospects Ltd., 2013). The sector has encountered a number of problems, in the recent past and the biggest of them is the economy. The conditions of the sector can be enumerated through examples, so that a clear picture of the same is obtained. The economy of United States (US) has been in an inflationary path. After elections, the technology sector has encountered a huge decline. The scenario in Europe has been the same. The Euro collapse had decreased the demand in European consumer technology. When the European Union countries experience an increase in commodity prices and tax hike, the US export, availability of credit and corporate profitability are bound to suffer. So, all these factors have affected the sector to a large extent. Despite the euro crisis, European demand for consumable technology has not hampered and technological companies are seen to invest in more and more new products that are invented by them. The technology sector demands for huge cash in dollars and euro, so that the sector co ntinues to flourish in the future. The vital part of the technology sector is insurance coverage, which is designed in order to maintain same pace with potential growth of the individual business (Private Sector Development, 2009). The mobile segment of the technology market had encountered drastic changes, along with potential growth, in the past few years. It is also expected to enjoy further growth in the future. According to certain

Gender&Global cinema Essay Example | Topics and Well Written Essays - 2000 words

Gender&Global cinema - Essay Example Identifying the concepts of marginalization and gender definitions in global film shows how the boundaries of gender are defined in various regions of society. Two films which portray this theme are A Question of Silence by Marleen Gorris and The Housemaid by Im Sang – Soo. The discourse of feminist theory in A Question of Silence is one which shows several areas of boundaries and marginalization, as well as a question of gender identity. The portrayal of the three women are first depicted, all which take on a traditional identity in terms of gender. However, this is broken when they move from shoplifting different items to beating the male shopkeeper to death. This specific action sets the gender identity into motion, specifically because the action is one which is not expected in relation to the female gender identity. The shock which this leaves is one which creates a suspicion that the women are insane and that the actions which were warranted were because of mental instability. After finding that this is not true, there becomes a question of what the intent was of beating the male shopkeeper, specifically because of the associated anger that was taken with the actions (Gorris, 1). The feminist discourse which is associated with this film is based on the silence of the women as well as the stereotypes and immediate associations with gender identity which is portrayed. The silent association with the fight is one which is displayed through the actions which the women take as well as the shift in actions. The narrative is one which depicts silence after the action which is taken; however, the women are all known to fight the male domination in society through the action of beating the male shopkeeper to death. The metaphor of violence, as well as the following assumptions, all show the concept of feminist identity and the marginalization which the women are placed into. The violence becomes a way to speak about the male domination in society as

SWOT Analysis Essay Example | Topics and Well Written Essays - 250 words - 1

SWOT Analysis - Essay Example Sustainable business practices and strong commitment to corporate social responsibility are other major strengths of Trader Joes. â€Å"Trader Joe’s is committed to providing selective products that cannot be found in grocery stores† (â€Å"What is Trader Joe’s Strategy?†). In other words, unique products are the major strength of Trader Joes. Expanding global market, growing demand for organic foods and growing ecommerce opportunities are providing many opportunities to Trader Joes. India and China like Asian countries are developing rapidly at present provides excellent opportunities to Trader Joes like companies. Product recalls and the increased focus on some geographical areas alone are some of the weaknesses of Trader Joes. It should be noted that Trader Joe has limited presence outside California. Inability to expand business to other territories not only in America but also in other parts of the world is some of the major weaknesses of Trader Joes. Increasing manpower cost, increasing competition and the entry of substitute products are some of the major threats of Trader Joes. Manpower cost in America is extremely higher compared to that in countries such as India or China. As a result of that Indian and Chinese products are causing big threats to the products of Trader

Rondell Data Corporation Case Study Example | Topics and Well Written Essays - 1500 words

Rondell Data Corporation - Case Study Example This report stresses that Rondell Corporation uses a functional structure, a design that entails grouping of people because they possess similar knowledge, skills or use the same resources. The employees in the Rondell are sourced mainly from one particular field, that of engineering, and they are then grouped in specialized departments because they use the same skills and resources. In the case of Rondell, for example, Doc Reeves was preferred by Dave Schwab to move from Frank Forbus department to work in his. This shows that Reeves possesses skills that can enable to work in another department. Reeves are generally and engineer. This paper makes a conclusion that due to increased competition within companies, this structure is the most suitable as it tends to reduce the time required to bringing a new product to the market, as the process of product development is sped up. This structure involves centralization of the support functions and adoption of multidivisional structure whereby each department will have its own support functions. Specialists from the support functions are put together into product development groups that concentrate in the needs of a specific kind of product. The result is that each group becomes an independent division led by a product team manager, whose role is to oversee the operational activities related to the development and production of the product. The product groups specialize on the requirements of the product and they put their effort in it to ensure customer satisfaction.