Wednesday, May 6, 2020
Cba 300 Ch 1 Notes Free Essays
CBA 300ââ¬âSection 01 ? Dr. Sam Min CBA353 ? Office Hours: Friday 8:00am ââ¬â 10:00am ? Read your text book first, come take notes, and read newspapers ? Tests are straightforward, text, weakly reading, and lectures TEST 1 September 14 Chapters 1, 2, 3 TEST 2 October 5 Chapters 4, 5, 6, 7 TEST 3 October 26 Chapters 8, 9, 10, 11 TEST 4 November 16 Chapters 12, 13, 14, 15 FINAL Final Week Chapters 16, 17, 18 Assignments in-class activities Total (50 points) (50 points) (50 points) (50 points) (50 points) (30 points) 280 points CBA 300ââ¬âSection 01 â⬠¢ The grading system will be as follows: Total points Possible: 280 252 and more = A 224 to 251 = B 196 to 223 = C 168 to 195 = D Less than 167 = F 2 3 ASSIGNMENTS 1-5 Please read any article of your interest, which is related to International Business and (1) summarize the article (1/2 page) and (2) discuss what you learned from reading the article (1/2 page). â⬠¢ Do not write more than 1 page. We will write a custom essay sample on Cba 300 Ch 1 Notes or any similar topic only for you Order Now â⬠¢ Use 12 font size, 1. 5 spaced, 1-inch margins, and Times New Roman. This assignment is worth maximum 4 points. Due is on each testing date! 4 Chapter 1 ââ¬â The Challenging World of International Business International Business 13e by Ball, Geringer, McNett, and Minor 5 Why you need global business perspective? â⬠¢ ââ¬Å"Having a foreign perspective gives you an advantage not only for doing business outside U. S. but domestically, where we have the most diverse society in the world. â⬠ââ¬â Carlos Gutierrez, the CEO of Kellogg US 35th Secretary of Commerce 6 CEOs of Fortuneââ¬â¢s larges American corporations strongly believe: (1) An international orientation should be an important part of college business education (2) International business skills and knowledge were important not merely for promotion to senior executive positions, but also for appointment to entry-level positions, and across a broad array of functional as well as cross-functional areas (3) The above two points are even more important for those anticipating international activities increase in the next five years. 7 My suggestions 1) Take IB course(s) (2) Consider going overseas (exchange program, intern, English teacher, volunteer, mission, etc. ) (3) Learn foreign language 8 Topics â⬠¢ What is international business? â⬠¢ IB Concepts and seven dimensions for globalizing a business â⬠¢ What is different about international business? â⬠¢ Growth of international firms and IB â⬠¢ What is globalization? â⬠¢ The drivers of globalization 9 What is In ternational Business? â⬠¢ International Business (IB): any business transaction across national borders ââ¬â Trade in goods ââ¬â Cross-border services ? consulting, advertising, egal, financial, accounting ? tourism, banking, communications/media, construction management, etc. â⬠¢ Company activity inputs may involve IB activity even if outputs do not ââ¬â Firmââ¬â¢s revenues may come entirely from the home country ââ¬â Key raw materials, knowledge, processes may come partially or entirely from other countries Concepts of International Companies A Multidomestic Company has multi-country affiliates, each of which formulates its own business strategy based on perceived market difference A Global Company attempts to standardize and integrate operations worldwide in all functional areas. 1 The 7 Dimensions for Globalizing a Business 1. 2. 3. 4. 5. 6. 7. 1-12 Product Markets Promotion Where value is added Competitive strategy Use of non-home-country personnel Ex tent of global ownership in firm What is Different about International Business? International Business â⬠¢ deals with 3 environmental forces: 1. Domestic 2. Foreign 3. International Domestic Business â⬠¢ deals with the domestic market â⬠¢ Butâ⬠¦may face foreign competition in domestic market 1-13 Why is International Business Different? : Forces in the Environment ? Environmental forces can be classified as external or internal. â⬠¢ External forces are uncontrollable, but perhaps can be influenced by mgmt. â⬠¢ Internal forces are controllable by mgmt, but not completely. 14 External Forces â⬠¢ Competitive ââ¬â Kind, number, location â⬠¢ Distributive ââ¬â For distributing goods and services â⬠¢ Economic ââ¬â GNP, unit labor cost, personal consumption expenditure â⬠¢ Socioeconomic ââ¬â Characteristics of human population â⬠¢ Financial ââ¬â Interest rates, inflation rates, taxation 15 External Forces, contââ¬â¢d. Legal ââ¬â Laws governing how international firms must operate â⬠¢ Physical ââ¬â Topography, climate, and natural resources â⬠¢ Political ââ¬â Forms of government, and international organizations â⬠¢ Sociocultural ââ¬â Attitudes, beliefs, and opinions â⬠¢ Labor ââ¬â Skills, attitudes of labor â⬠¢ Technological ââ¬â Equipment and skills that affec t how resources are converted to products 16 Internal Environmental Forces â⬠¢ Factors of Production ââ¬â Capital, raw materials, and people â⬠¢ Activities of the organization ââ¬â Personnel, finance, production, and marketing 17 Explosive Growth â⬠¢ Exporting ââ¬â transportation of any domestic good/service to a destination outside a country or region ââ¬â The level of world merchandise exports increased from $2 trillion (1980) to $15. 24 trillion (2010). ââ¬â Service $365 billion (1980) to $3. 7 trillion (2010). 18 Growth in the volume of world merchandise exports and production, 2000-2007 2000-07 World merchandise exports Agricultural products Fuels and mining products Manufactures 5. 5 4. 0 3. 5 6. 5 2005 6. 5 6. 0 3. 5 7. 5 2006 8. 5 6. 0 3. 5 10. 0 2007 6. 0 4. 5 3. 0 7. 5 World merchandise production Agriculture Mining Manufacturing World GDP 3. 0 2. 5 1. 5 3. 0 3. 0 3. 0 2. 0 1. 5 4. 0 3. 0 3. 0 1. 5 1. 0 4. 0 3. 5 4. 0 2. 5 0. 0 5. 0 3. 5 Note : See the Metadata for the estimation of world aggregates of merchandise exports, production and GDP. 19 Growth in volume of world merchandise trade and GDP, 2000-11 (Annual % change) Source: WTO 2011a: Figures of 2011 are projections 20 Explosive Growth ? Foreign Direct Investment ââ¬â Direct investment in equipment, structures, and organizations in a foreign country â⬠¢ level sufficient to obtain significant anagement control ââ¬â World stock of outward FDI was $19 trillion at the beginning of 2010 (9 times larger than what it was in 1990). 21 Number of International Companies â⬠¢ Keeps expanding and the big get bigger. ââ¬â ExxonMobil sales for 2011: $486 billion ââ¬â Wal-Mart sales revenue for 2011: $446 billion 22 Globalization â⬠¢ the process of transformation of local or regi onal things or phenomena into global ones. ââ¬â Technological globalization ââ¬â Political globalization ââ¬â Economic globalization ââ¬â Cultural globalization 23 Globalization Economic Globalization ââ¬â is the international integration of goods, technology, labor, and capital. ââ¬â refers to the implementation of global strategies which link and coordinate a firmââ¬â¢s international activities on a worldwide basis. 24 Drivers of Globalization â⬠¢ â⬠¢ â⬠¢ â⬠¢ â⬠¢ Political Drivers Technological Drivers Market Drivers Cost Drivers Competitive Drivers 1-25 Political ââ¬â There is a trend toward the unification and socialization of the global community. ââ¬â NAFTA and the European Union present significant marketing opportunities for companies. the progressive reduction of barriers to trade and foreign investment by most governments. ââ¬â the privatization of much of the industry in formerly communist nations. 26 Technology à ¢â¬â Advancements in computers and communication technology are permitting an increased flow of ideas and information across borders. â⬠¢ The Internet and network computing enable small companies to compete globally. â⬠¢ Business to business commerce is experiencing significant savings by using the Internet for business exchanges. â⬠¢ Foreign outsourcing more and more common 27 Globalization Forces Market ââ¬â As companies globalize, they also become global customers. â⬠¢ Companies follow customers abroad in order to avoid a competitor stealing the account. ââ¬â The saturation of the home market also sends companies into foreign markets. ââ¬â Emergence of global customers 28 Cost ââ¬â Economies of scale to reduce unit cost are always a management goal. â⬠¢ Globalizing product lines to reduce development, production, and inventory costs can help achieve economies of scale. â⬠¢ Companies can also locate production in countries where productio n costs are lower. 29 Competitive ââ¬â Competition continues to increase in intensity. ââ¬â Companies are defending their home markets from competitors by entering the competitorsââ¬â¢ home markets to distract them. 30 Views On Globalization Arguments Supporting Globalization â⬠¢ Enhances socioeconomic development Concerns with Globalization â⬠¢ Uneven results across nations and people â⬠¢ Promotes more and better jobs â⬠¢ â⬠¢ Deleterious effects on labor and labor standards Decline in environmental and health conditions 1-31 $1. 25 per Euro Crude Oil ($94. 61) Gold ($1,653. 5) Corn ($8. 10 per bushel) How to cite Cba 300 Ch 1 Notes, Essay examples
Tuesday, May 5, 2020
Document Design and Production for KMP Pty-myassignmenthelp.com
Question: Discuss about theDocument Design and Production for KMP Pty. Answer: Company Background In an organization useful information are maintained in the database of the company and is maintained and updated timely. The process involves inputting the financial data, account of customers and personal information and medical records or purchase orders into the computer system of the company. In many cases, the information entry involves administrative duties like typing memos, forwarding circulars and delivering mails. KMP Pty is a textile manufacturer that employs 500 employees. Documents of each of the departments are processed separately. Information Entry As soon as any information enters the organization it is being processed. Previously the data entry and management was done manually. The company now uses computer system for maintaining important data. That information that is not to be circulated to the employees are generally stored in the data base of the company with the help database management system software. Important documents of the organization include memos, business letters, reports, budgets, employee handouts, notices, circulars and others. Storage The crucial information of the organization is stored in the computer systems. Database management system is the software that company uses for storage of the data. Important dat if not protected properly might be lost (Turner et al., 2016). Data therefore needs to be stored. Previously KMP Pty used to store important data in the files and folders. Output Some of the information will be stored while some will be drafted in form of documents for distribution among the employees. Soft copies of the information will be mailed to the employees while hard copies, the print outs of the document would be distributed to the employees. The company allocates 5 percent of its total budget for document design and production (Leijten et al., 2015). Quality of document design and production The business letters, notices, forms, reports and budgets would be made using templates. Formal language would be used for drafting the contents of the documents. Companys future capability In future, the company is planning to expand its business in two other cities as well. Expansion of the company might require more documentation. The amount of information will also increase. I future the company will have a separate department that will take care of document design and production. As the number of employees would increase, the requirement for circulating necessary documents will also increase. Information technology will also be advanced in future. New technologies might be used for data storage and processing. KMP will also require changing the technology it uses for data storage. Currently the company distributes documents like, memos and circulars with emails. Hard copies of notices and employee handouts are distributed among the employees. The company is planning to improve the quality of the documents by setting a standard for documentation. Previously no such standards where used and hence there were many errors in the document. The errors even caused confusio n for the customers (Campbell, 2013). Currently, KMP Pty uses a variety of documents that are in PDFs, PPT, Spreadsheets and Word document. It depends on the content of the document for using any of the formats. Usually pdf is used for employee handouts, the printouts of the employee handouts are distributed to the employees. Word document is used for business letters, circulars and notices. Excel documents are used for maintaining records, like sales records, customers records and employee records (Brumberger Lauer, 2015). Documentation standards For all the important documents, a standard would be used. Templates would be used in order to avoid errors in documentation. For employee handouts the paper used would be A4 size and the font size used is ideally 12 Times new Roman. Tasks for documentation would be: Two employees would be hired for document design and production. The tasks included in the process of document design and production would be Designing the documents as per the standard template Reviewing the designed the documents Correcting the errors if found Drafting the document Forwarding the document for approval of the Director/CEO Publishing the documents Finally taking out the hard copies of the documents if necessary for distributing to the audience (Blythe, Lauer Curran, 2014) For document production updated software would be used like, desktop publishing, various application software like spreadsheets, Microsoft word and Microsoft PowerPoint for making audio visual presentations. Right tools would be used for drafting the documents. Designed documents should be able to communicate the information for which it has been drafted. References Blythe, S., Lauer, C., Curran, P. G. (2014). Professional and technical communication in a web 2.0 world.Technical Communication Quarterly,23(4), 265-287. Brumberger, E., Lauer, C. (2015). The evolution of technical communication: An analysis of industry job postings.Technical Communication,62(4), 224-243. Campbell, K. S. (2013).Coherence, continuity, and cohesion: Theoretical foundations for document design. Routledge. Leijten, M., Van Waes, L., Schriver, K., Hayes, J. R. (2014). Writing in the workplace: Constructing documents using multiple digital sources.Journal of Writing Research,5(3), 285-337. Turner, J., Schomberg, J., Cole, K., Bergman, B. J., Kurtz, D., Peters, V., Bothmann, R. L. (2016). Inclusivity, gestalt principles, and plain language in document design.The Library with the Lead Pipe.
Thursday, April 2, 2020
Trees Water Pollution and Natural Air Filter Essay Example
Trees: Water Pollution and Natural Air Filter Paper Trees clean the air. Tree foliage works as a natural air filter of particulate matter such as dust, micro sized metals and pollutants such as ozone, nitrogen oxides, ammonia and sulfur dioxides. Trees take in carbon dioxide and produce oxygen. Combined with the cooling effect of trees, these processes can have a significant impact on reducing smog and overall air pollution. Trees improve water quality. A healthy urban forest can have a strong influence on our regions water quality. Tree canopies and root systems slow ND reduce storm water runoff, flooding and erosion. Trees also help filter water runoff reducing potential sources Of water pollution into our rivers and storm drains. Trees save energy. Trees cool the air naturally in two ways: through water evaporating from the leaves and direct shade. Homes shaded by trees need less energy for cooling which means lower monthly utility bills in summer and a reduced need for utilities to increase power generation to meet peak load demand. Trees raise real estate value. Shaded neighborhoods and well-landscaped arid have a positive economic influence on real estate values, timeliness of house sales and neighborhood desirability. Studies report that landscaping speeds the sale of a home by four to six weeks. We can save trees by * reducing the consumption of products made from trees (e. G. Paper) providing alternate fuel to rural poor for cooking (e. G. Ii gas) so as to reduce cutting of trees for fuel wood * avoiding indiscriminate disposal of plastic products (especially thin plastic pick up bags) so as to allow rain water to recreate into ground and prevent erosion of soil to save the root system of * planning new projects (especially Hyde power projects/water trees storage reservoirs) not involving deforestation/ submergence of forests under water * avoiding any human activity that may cause forest fires * making tours echo friendly * creating awareness among people about importance of trees and need for their conser vation. We will write a custom essay sample on Trees: Water Pollution and Natural Air Filter specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Trees: Water Pollution and Natural Air Filter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Trees: Water Pollution and Natural Air Filter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer
Sunday, March 8, 2020
Marijuana a new medicine essays
Marijuana a new medicine essays In society today, there are many serious diseases that plague nations all across the world. Diseases like Glaucoma, Epilepsy, Parkinsons disease, and migraine headaches. What do all of these serious illnesses have in common? Every one of theses sicknesses can be cured or helped by the use of Marijuana. Throughout this paper I will discuss the positive aspects of Marijuana and the negative aspects. This issue has been raising a lot of eyebrows ever since scientific evidence has been provided that links Marijuana to the cure and decrease of certain illnesses. The main reason that Marijuana has been looked down upon by so many people for so long is because many individuals abuse the drug. An obvious setback to legalizing marijuana for medicinal uses is that the number of people that abuse the drug will undoubtedly increase. Glaucoma is the second leading cause of blindness in the world, and there is an estimated 67 million people affected by this disease in the world today (National Academy of Sciences.) Effective treatment for glaucoma involves pharmaceutical agents or surgical procedures that prevent progressive optic nerve damage. For surgery to be an effective way of therapy, a drug or surgical procedure that reduces intraocular pressure (IOP) must do so without causing more damage to the eye. Marijuana can reduce IOP when administrated orally, or by inhalation (Marijuana and Medicine.). Marijuana is a natural way to slow down the progression of glaucoma. Marijuana should be legalized in all states just for the main purpose of helping those who are infected with the serious disease of Glaucoma. Sixty percent of people who are affected by epilepsy can benefit from Marijuana. To this day it is still considered to be the best medication for many types of epilepsy and for most victims that have epileptic seizures. The use of Marijuana for epilepsy is not fully understood yet. Scientist don ...
Thursday, February 20, 2020
Solving The Moral Dilemma Of Janet Moore Essay Example | Topics and Well Written Essays - 500 words - 7
Solving The Moral Dilemma Of Janet Moore - Essay Example If there are any misgivings about the firm or if I donââ¬â¢t like the product and goals, then I should not join the firm. This reasoning applies to manufacturers of alcohol products and arms. As per the case, the firm aggressively targets younger children with low-nicotine mint and cherry-flavored products so that they would graduate to the two much stronger and best selling brands. The issue that arises now but which has not been mentioned in the case is how does the snuff product compare with cigarettes. The case does not mention the comparison between the two products for addiction and harms done to the body and it is further assumed that the two products have the same levels. Cigarette marketing and branding are widely accepted and if the addiction and harm levels are same, then the marketing job that Janet is exploring should be acceptable. However, Janet has to take cognizance of the Kantian Philosophy of treating men as means to achieve an end. This attitude is callous as Kant argues that while men can be used as a means, they must be also treated as an end in themselves (Seidler, 1986). Therefore Janet has to realize that what her senior Karen says is also true, that they can use the job as a means to improve the firms' image and to save peoples lives. There are a number of lawsuits being files about the dangers of the tobacco product. Soon the firm would be in serious trouble. Janet and Karen can use their training and education to modify the marketing campaign to bring in the principle of utility. A balance can be struck between obtaining the required sales revenues yet prevent younger age children from being targeted by the Ad campaigns. Janet should take up the job more as a challenge and because she believes in the good that she can bring to kids. She could explore the concept of corporate social responsibility and ensure that the product carries enough health warnings and that people are aware of the dangers.
Tuesday, February 4, 2020
Free Market Economy Essay Example | Topics and Well Written Essays - 2000 words
Free Market Economy - Essay Example The restrictions include both the ownership and exchange of commodities. In this type of economy, the price of each item or service is agreed upon with the mutual consent of sellers and buyers. The seller is free to offer how much he wants to sell his products or services. Likewise, the buyer is free to bid for the purchase price he wants or needs to buy the product or service he or she craves for. The free market economy is similar to laissez fair economy where the economic condition in the real world is mostly confining government intervention in economic matters as a regulating against force and fraud among market participants. Therefore, with the country's government force limited to a defensive role, government does not ignite the spark in the marketplace. The government, in this scenario has the economic role to levy taxes in order to finance the smooth flow of the free market economy. In the extremely free market economy, its advocates strongly denounce the government's tax in tervention. On the other hand, the opposite to free market economy is a controlled market. In this type of economy, supply and price are set by a government. ... the free market economy is that the traders and buyers themselves must not force for defraud the other party thereby making the other person unhappy. In short, all trading done are morally voluntary on all parties. Supply And Demand Theory Table 1. Demand Curve1 The above table shows that, if the buyer is made to choose, if the purchase price (P1) above was lowered (P2), the demand for the products increases from the original quantity (Q1) to the higher quantity (Q2). This is taken from the St. Charles County Community College Econ 100-80 Survey Economics class. Table 2. Supply Curve Supply Curve2 above shows that if the supplier is made to choose, the supplier can increase the quantity he sells when the prices of his goods and services increases. Table 3. Equilibrium Price. Table 3 above based on Deardorff's Glossary of International Economics3 , states that the equilibrium price is the price where the demand curve and the supply curve intersect or meet. This equilibrium price is designated by the letter E. This is the price that makes both the seller and the buyer happy. 2. Explain the possible reasons for state intervention in the working of free markets and decribe the manner in which such intervention could take place. (30 marks)In reality though, there is really no completely free market economy. We have to admit that all governments do interfere with the generally free market to some degree. There will always be government intervention in the form of price controls, taxes and restrictions that prevent new or unwanted competitors from entering the state's free market. In supply-side economics, free market is a technical term that is used to pinpoint to a political or ideological viewpoint on policy which is may
Monday, January 27, 2020
Human Resources Culture Makes for Top Employer
Human Resources Culture Makes for Top Employer Vincent M. Mendez In 1966 at the North Carolina State University (NCSU), individuals from eight other universities where brought together by the National Institute of Health (NIH). The purpose of this group of individuals was to develop software to analyze data being developed by the United States Department of Agriculture (USDA). The original product was identified as Statistical Analysis System (SAS). This gave way to both the name and corporate beginnings. In 1972 NIH ended funding for the project. When funding ended the members of the team decided to each contribute $5,000.00 a year to continue the project at NCSU. Over the next few years SAS software was licensed to various companies across the business spectrum. As more business requested the software it was determined in 1976 by the original developers to privatize their efforts. SAS Institute Inc. originated at 2806 Hillsborough Street, Raleigh, North Carolina (NC), building located across the street from NCSU. In the beginning the small business relied on everyone in the business to know and do everyone elses job. When a shipment of users manuals arrived, everyone stopped what they were doing and formed a human chain to hoist each box, person to person, to storage space on the second floor. (SAS Institute Inc., 2016). Throughout the rest of the seventies SAS continued to grow and add employees. SAS also expanded into the global market opening subsidiary office overseas. In 1980 SAS moved to its current Headquarters location in Cary, NC. What makes SAS Institute Inc. a great place to work. CEO James Goodnight put it best in interview by Angus Loten for CIO Journal by The Wall Street Journal. The culture is the heart of the company and started in the beginning. The question and answer follows: SAS is often cited as a great place to work. Why is it important for you to keep workers happy? Because we are maintaining software for years and years, and constantly improving it and adding new features and capabilities, its very important to retain the people who originally wrote it. To do that, weve tried to create a culture where we have a great deal of respect for people and that rewards innovation. We have a weekly meeting every Tuesday where we have any number of people will come over and do demos of what theyre working on, for upper management, so we get a constant view of all the new things people are working on. (Loten, 2016). Culture is the key to SAS Institute Inc. success. Employee satisfaction along with showing their value to the company, was always at the beginning of the corporate culture of SAS. Early employees have related that in the beginning on Hillsborough street, James H. Goodnight (co-founder and current CEO) would take everyone in his car down the street to the pizza place. The company paid for everything during these outings. This was a regular occurrence when 100 customers where added. Flexible work schedules along with free MMs and breakfast goodies were present from the beginning. SAS posted its first company bulletin in 1978, which was type written on a single page of paper and posted on the bulletin board. Technology was not the only innovation SAS was a leader. In the year after moving to their new location in Cary, NC, SAS broke new ground opening the first employee child care center in the basement of the Headquarters building. This was decision by the company to keep employees (valuable programmers) considered not returning to work after pregnancy. At this point in time this was an idea not even considered by companies. This goes back to the interview Goodnight had with the Wall Street Journal in early 2016. These ideas began with the formation of the company and years before this type of information was identified as Strategic Human Resource Management (SHRM). This was the first of the ideas which made SAS a leading company to work for world wide. However, this was not the end. Following the opening of the daycare center, SAS took employee needs to a whole other level. At their headquarters campus, they open a recreation and fitness center. A health care center was open on the campus to support employees and families. This was followed by the opening of a gourmet cafà © to serve meals to employees. These additions garnered SAS awards to include Healthiest Company to Work For by Health and Living Magazine. The health care center has been a valuable to both SAS and their employees. Confirmation by a study conducted in conjunction with Duke Health. The finding was reported in a news release from SAS. Key point was the health care center lead to lower costs for both SAS and employees. For 30 years, analytics leader SAS has operated an on-site Health Care Center (HCC) for the convenience of employees and dependents. Now, a new study led by researchers at Duke Health finds those who use the HCC for primary care are less likely to need emergency department visits or hospitalizations than those who do not. (SAS Institute Inc., 2016). SAS highlights these benefits by providing them to all employees regardless of location. This type of culture is proof of success in that over the years has kept a turnover rate to around four percent. Employees, which are in 149 countries, are provided the same services as those at the Headquarters in North Carolina. Now it is not feasible to build and sustain medical clinics at all these location, the company has adapted ways to provide these services. For instance, in remote locations benefits such as childcare and medical are subsidized with local service providers. SAS does not hide it success in employee satisfaction. This is evident by visiting their website (http://www.sas.com/en_us/careers/life-at-sas.html). At this location, the company outlines what a career with SAS would be like. The headline here is this quote: By taking care of our employees, the rest takes care of itself (SAS Institute Inc., 2016). This location further discusses the culture and benefits. By separating these two areas the company can show its commitment to employees. Under the umbrella of culture there are eight areas discussed. These all relate to the company and how it manages work environment such as: open style of management to worker relationship, work conditions (college style campus at headquarters location), continuing employee growth, flexible work schedule allowing time during the day for fun and fitness, return investments (education and volunteer), and conservation. Benefits discusses four areas pertaining directly to the employee: money, career, health, and life. The founders of SAS had a vision and in that vison had the forethought that to succeed the company would not only have to provide a top line product but employ top line people. This has made for adjustments to business strategies, which requires changes to SHRM, easy and transparent. In other words: Organization development is a systematic approach to improving organizational capability, ie the capacity of an organization to function effectively in order to achieve desired results (Armstrong, 2016, p. 96). The company culture provides for change and growth. This type of corporate culture emulates SHRM. Much research has been carried out, which has shown that there is a correlation between good HRM practice and organizational performance. (Armstrong, 2016, p. 17). Being on the forefront of ideas which are now identified in discussions related to SHRM helps keep SAS as a leading place to work. The key to this is how to maintain and go forward into the future. SAS continues to be a leading place to work for many years. In 2016 Fortune ranked SAS the number two global company to work for. The reasons for the ranking came from Great Place to Work Ãâà ® reviews which related: At SAS Institute Inc., 94 percent of employees say their workplace is great (Great Place to Work, 2016). The survey provided a review of what employees think about the company and lists all the perks and programs SAS provides. What was discussed in this paper seems to be just the tip of the benefits. SAS by being far advanced in the idea of SHRM continues to adapt and change to new world and technological developments. In doing so has never forgotten to provide new and current customers great products and services requires those employees who got them in the first place. These practices has kept SAS a leader is analytical analysis and employee satisfaction. References Armstrong, M. (2016). Handbook of Strategic Human Resource Management. In M. Armstrong, Handbook of Strategic Human Resource Management (p. 17 p. 96). Philadelphia: Kogan Page Ltd. Great Place to Work. (2016, Aug 24). Great Place to Work SAS Institute Inc. Retrieved from Great Place to Work: http://reviews.greatplacetowork.com/sas Loten, A. (2016, Mar 08). SAS Institute CEO, the Godfather of Analytics, Sees Future in the Past. Retrieved from The Wall Street Journal, CIO Journal: http://blogs.wsj.com/cio/2016/03/08/sas-institute-ceo-the-godfather-of-analytics-sees-future-in-the-past/ SAS Institute Inc. (2016, Feb 03). Fewer ER, hospital visits for employer health center patients, per major academic medical center study. Cary, NC. Retrieved Dec 27, 2016, from http://www.sas.com/en_us/news/press-releases/2016/february/sas-duke-study-employer-health-care-centers.html SAS Institute Inc. (2016, May 10). Life at SAS. Retrieved 2016, from SAS, Careers, Life at SAS: http://www.sas.com/en_us/careers/life-at-sas.html SAS Institute Inc. (2016). SAS Institute Inc. Company Information. Retrieved Dec 27, 2016, from Company History 1976-1980: www.sas.com/en-us/company-infomation.html#1976-1980
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