Analysis of Sbi Life Smart Ulip free essay sample

Life Insurance too has joined the bandwagon of ULIP market. Similar players in the market include LIC jeevan Varsha, ICICI Return Guarantee Fund, IDBI Fortis Bondsurance and Birla Sun Life Platinum Plus. You can read my take on those policies by following the links mentioned for each of those. Now, here is a quick review of SBI life Smart ULIP. As usual, first the good things about this product: †¢The Smart ULIP product provides NAV guarantee that is the highest of 168 fortnightly NAVs during first seven years or NAV at maturity, whichever is higher. In case of the unfortunate event of the death of the insured during the policy term, the nominee receives the higher of fund value or sum assured. †¢ Shorter premium paying term (3 or 5 years). †¢Tax benefit on both premiums [U/s 80C] and maturity amounts[U/s 10(10D)] †¢Investment is managed by SBI Life – policy holder need not panic in volatile market Now the bad: †¢Short term – just 10 years! †¢Too many charges †¢Premium allocation charges : 15% in 1st yr, 5% for next 2-4 yrs for 3-5 yrs terms respectively. We will write a custom essay sample on Analysis of Sbi Life Smart Ulip or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page †¢Admin charges – Rs 60/- per month for full term. For first three years, annual administration charges of Rs 5 per 1000 of sum assured. †¢Fund management charge 1. 5% pa. Fund management charge can be increased to 2. 5% pa †¢Mortality charge levied on 1st day of each policy month. For more details on this product check the brochure and see the benefit illustration here. Verdict: This product may appear to be better than other ulip products in the market but not better than a combination of mutual funds with term insurance. I still suggest you folks not to combine insurance with investment. Invest of specific products for each purpose and reap the best benefits from each of those. I know many of you may not agree with me, again it boils down to individual requirement and the phase at which an individual looks at these products. Whatever the case may be, I welcome your comments and suggestions. This is the first product I have seen with so much clarity being provided to the customer upfront. Sandeep Garg True. But all other similar products in the market aren’t any different. Just that they don’t show all the charges opaquely. Reply 4 Suraj April 5, 2009 at 7:44 pm Thank u Sandeep u are calculating my way. Many do not know about these charges and the agents used to lure the people for high returns if the market is â€Å"BULL†. Otherwise it is † HELL † like now. the index was 21 thousand plus and now 10 th plus ! Reply 5 Chirantan April 6, 2009 at 6:55 pm Hi Mohan, thanks for all the details on SBI Life smart ulip. Now my question – Is there a better ulip than this in Indian market? Can someone provide me details with comparison please? Reply 6 pushpa April 6, 2009 at 9:55 pm sir, i am planning to invest 1. 5 lakhs ( 3yrs). how much i can expect at the end of 7th year. pls inform present nav of smart u lip Reply 7 pushpa April 10, 2009 at 12:55 pm @Chirantan Please reply sir Reply 8 Ashutosh April 11, 2009 at 2:36 pm I m currently working with SBI Life and Unit Values for SBI Life – Smart ULIP Plan options as on 11/04/2009 Fund Name Unit Value (Rs. / unit) FlexiProtect Fund 11. 39 Money Market Fund 12. 33 Reply 9 gaurav April 14, 2009 at 3:21 pm ow much i can expect at the end of 7th year with this plan .. Please be true to with the facts †¦ Reply 10 nidhi ajmani April 15, 2009 at 12:22 pm If we go for smart ulip then how much i can expect at the end of 7th year with this plan .. Please be true to with the facts †¦ you can suggest us the approx amount †¦.. Reply 11 harsh May 1, 2009 at 9:54 pm extraordinary work†¦. liked it much †¦. thank you†¦ Reply 12 Kalyan May 9, 2009 at 9:49 am My first question is: How much is the expected return at the end of seven years with an investment of Rs. 1. 5 lac through three years. Please mention the higher as well as lower side. Second question is: What is the other product compareable in the line of this product. Reply 13 Manoj Khatri May 17, 2009 at 2:21 pm If I invest for smart ulip then how much I expect after 10 years maturity with an investment of 1. 5 lac in three years? I want details. Reply 14 chandrakant May 20, 2009 at 1:18 pm Kalyan :My first question is: How much is the expected return at the end of seven years with an investment of Rs. 1. 5 lac through three years. Please mention the higher as well as lower side. Second question is: What is the other product compareable in the line of this product. @gaurav Reply 15 chandrakant May 20, 2009 at 1:27 pm my question is;how much is the expected return at the end of seven years with an investment of RS. 1. 5 lac through three years. Reply 16 Rakesh kumar Singh May 21, 2009 at 5:12 pm Dear Sir, My first question is: How much is the expected return at the end of seven years with an investment of Rs. 1. 5 lac through three years. Please mention the higher as well as lower side. Can I withdraw this money after 3 years? as my agent told me that i can. Reply 17 Rakesh kumar Singh May 21, 2009 at 5:18 pm Is it the correct time to invest in SBI ULIP plan? My agent didn’t tell me about all this charges, just i know that they will charge Rs. 4500/- for first year. not to combine insurence with investment, i didn’t get it ? In SBI smart ulip plan do we have this option ? Reply 18 Mohan May 21, 2009 at 8:45 pm Hi all, most of you have been asking what would be the return after n number years if i invest x amount. To answer your question, there is no specific number that I can quote. Since it is a ULIP, it is subject to market variations. It completely depends on how the fund manager takes care of your investment. Please talk to the concerned agents and they will be able to give you approximations based on some numbers. Reply 19 RAVI May 29, 2009 at 3:26 am Return is guarenteed. put 1. 5 and get 2. 5 min. guarentee. or more. so i did not understand why bother all charges etc. any one can get min. 2. 5 or more if NAV is more while withdrawing. do u guys agree with me? Reply 20 sureshkumar June 9, 2009 at 2:32 am Sir, If I invest for smart ulip then how much I expect after 10 years maturity with an investment of 1. 5 lac in three years? I want details. Please reply sir Reply 21 Mohan June 9, 2009 at 10:39 am Ravi I didn’t quite understand your statement. Could you elaborate on that please? @Suresh Please check their website for detailed calculations and deductions. If you get a chance to talk to their customer care, bring out such questions and get all your queries clarified. Reply 22 chitra June 19, 2009 at 12:42 pm hello mohan, thanks for the detailed info abt this Plan.. But i would li ke to invest 50,000 this year for tax saving.. This morning i talked to my agent and he told me abt this.. I thought to invest in this plan.. But after seeing these discussions.. I have a backlog.. So please suggest me in which i can invest with maximum profits..? Reply 23 Ankur Chawla June 19, 2009 at 1:26 pm SBI did a goof up on this one†¦when there employees contacted us to buy the polivy they said that return will start from 4th year onwards and the policy came stating that return will come only after 5th year completion i. e. in 6th year†¦so that is no good for me anymore†¦i ams tuck i want my money back as i feel cheated by SBI†¦and i donno how to do that†¦because they are not going to give it back that easily†¦

How to Make Every Word Count

How to Make Every Word Count Youre filling out a job application or academic program admissions packet and you encounter the essay question that everyone dreads: In 700 words or less, please provide information that will give a more complete and accurate picture of you as a candidate, e.g., greatest accomplishments, personal philosophy or traits, etc.Even with a limited professional background, most essay writers find this type of response to be daunting. If the writer has been in senior management, or has been involved with multiple researches or projects, the 700 word limit on an essay that adequately fleshes out that kind of history seems almost impossible to write. How can you combine decades of experience and personal philosophy into a little over a page of writing and feel comfortable youve summed yourself up adequately? Beyond that, how can you still make yourself stand out from the rest as a candidate when you are so limited with word count?Below is a list of 4 steps you can take to tackle an assignment like this.Step 1 - CategorizeThis is really a brainstorming activity that should be done from the onset of writing the essay. I often suggest that clients begin this exercise by sitting down with a piece of paper and writing a list of their most notable accomplishments or moments. Anything that was significant in about your lifes work or endeavors should be included.The list should then be categorized, with accomplishments placed into categories. For example, if you are a researcher and have published multiple studies on two or three topics, you might separate the studies into those topics. Category 1 might be Studies relating to brain function while category 2 might be studies relating to sleep deprivation. Or, if you participated in multiple studies in collaboration with other researchers and then multiple studies as the sole researcher, you might separate your categories this way.If your experience is in sales or if you have a history of successful deals or projects in corporate management, list them all and then perhaps categorize these by company, total dollar amount, or even by decade. This will allow you to group accomplishments together when you discuss them.Example:I successfully managed multiple building projects, from planning through completion, including†¦My successfully managed deals with x, y, and z all resulted in tripled sales for the company.Step 2 - Avoid redundant and wordy expressionsThis is just a rule for good writing, and one that you should follow at all times and in all communication, but keep in mind that it is especially important when word count is limited. Redundant expressions could be taking up valuable space that would be better filled with other information. Here is a list of some of the most common wordy expressions people tend to use, as well as words that can easily replace them while also lowering word count.is indicative of – indicateshad occasion to be – wasowing to the fact that – sincetake i nto consideration – considerin spite of the fact that – althoughStep 3 - Dont provide unnecessary detailsWhile discussing your personal reasons for getting into a specific career might be effective on some essays, you generally want to leave this information out of an essay requiring low word count unless you are specifically asked this question. Family history, tragedy, life-changing events, and epiphanies about ones future are all excellent topics of discussion in interviews, etc., but almost always take up too much space when word count is an issue.In this same vein, discussing specifics about your job requirements, research results, or sales numbers will also use up too much space when a general overview is what the admissions or job search committee is seeking from your essay. If the search committee reading your writing is interested in learning more specific details, you can be sure that they will ask for those details in interviews that will follow if you are chosen as a potential candidate.Step 4 - Dont repeat what you have already mentioned in other parts of the applicationMost applications require multiple essays and generally each essay has its own word count. This allows you to choose which essay best allows you to showcase your accomplishments and/or publications without repeating the same information in each. In such cases, you might use one essay to focus on the profits youve brought to a company or the dollar amount of grants youve written for academic research, while using another to focus on your volunteer work, community service, and participation in the global community at large.Also, many applications will ask that you list individual research publications, sales awards, or positions held within a company, so spending a large portion of word count repeating this information is not necessary. Again – the use of categorization will help to mention your accomplishments in brief, while they might be given more attention and more detail in other parts of your application or essays.The most important thing to keep in mind with repeated information is that admissions committees or hiring committees will have your entire application packet in front of them when considering your candidacy for the position or potential admission to an academic program. Dont look at each essay or each part of your application individually – consider the information contained within as a whole. This will help when you might be tempted to overly repeat information or provide details within a word count restricted essay that are not necessary to provide.

World War 1, New Deal, and Woman in the 1900,1920s. and 1930s Essay

World War 1, New Deal, and Woman in the 1900,1920s. and 1930s - Essay Example Roosevelt, with the help of his closest advisers, nicknamed the Brain Trust, prepared the social program which included reforming of the administrative and partly judicial power, economic planning and legislative regulation of economic relations. He explained the main objective of the New Deal in a speech to the electorate – it was a more equitable distribution of wealth and goods. The new course was formed from a number of legislative and administrative measures. Some of them were expected to fight the current crisis and some to act long term. In general, they formed a new regulatory system of social and economic relations. The new policy can be divided into four major blocks: measures to stabilize the financial system; measures to improve the situation in production sector and agricultural industry; labor and social legislation. The New Deal economic policy was aimed at the recovery of the fully unbalanced banking and financial system. For this purpose, Congress passed the E mergency Banking Relief Act (March 9, 1933), which granted the President broad powers in the financial sector. All the accounts of banks in the country were blocked to audit them in detail. The President got the right to monitor international financial operations, to confiscate gold from private ownership. Exchange of bank notes for gold was stopped. The state started to control banks’ gold reserves. The government devalued the dollar (in January 1934 to 14%). The number of banks was reduced by one fifth. The government strictly limited the banks. The Glass-Steagall Act (1933) prohibited the banks from combining deposit and investment functions. State deposit insurance was introduced in all the banks (up to five thousand dollars). The National Industrial Recovery Act was passed on 16 June 1933 and is the most significant legislation of the New Deal. It was enacted to provide general welfare, fight poverty, improve cooperation between workers and employers, eliminate and solve labor disputes and destructive competition leading to lower profits and reduced investment. It introduced the so-called Codes of Fair Competition - the special guidance documents for branches of industry, which were formulated by entrepreneurs and sanctioned by the President. All antitrust laws temporarily ceased to be effective and the government could cartelize companies by force. The codes also contained the rules of pricing, production, sale of goods and terms of employment in the industry. The norms of minimum wage per hour and maximum working hours (44 hours) were set. That was the most fundamental turn in the history of legal regulation of the U.S. economy. The New Deal’s agricultural policy was embodied primarily in the Agricultural Adjustment Act. A special administrative authority was created to regulate agriculture and balance supply and demand for agricultural products, raise their prices. For this purpose, a uniform percentage acreage reduction was introduced al ong with the compensation for raw land, which was harmful for the small farms. At the same time large-scale commercial farms received most of the premium payments and could, thereby, intensify production and get a considerable profit. The federal social insurance programs were introduced. The Social Security Act of 1935, for the first time in the U.S., guaranteed unemployment benefits and old-age pension. The next step was to reduce unemployment and its negative effects. Those activities were supervised by the Federal Emergency Relief Administration. The National Labor Relations Act (1935) officially proclaimed, for the first time in U.S. history, the recognition of trade unions and also provided legal guarantees for these rights. Fair Labor Standards Act of

Summery Essay Example | Topics and Well Written Essays - 250 words - 13

Summery - Essay Example The study was carried out on 1337 young school going people aged between 17 and 18 in Vastmanland, where the students completed a survey by answering questions about their relationships with parents, sexual abuse experience and delinquency levels, and saliva samples taken for determination of DNA. In conclusion, individuals carrying less active variant of MAOA, show a greater level of crime and violent delinquency, and those who experience abuse in childhood, are likely to display antisocial behavior to their adulthood(Amelia Para 13). BDNF variant on the other hand was associated with aggressive behavior if the peers were exposed to aggressive peers and among carriers of HTTLPR, those exposed to adversity in childhood were more likely to show antisocial behavior. Exposure to stress was found to increase violence and delinquency among kids, and genes were found to affect brains, thereby behavior by altering sensitivity to environment (Amelia Para 17). Amelia, Smith. New study reveals antisocial behavior is linked to genetics. 2014. Web 19th Jan 2015

Computer & application reseach paper Essay Example | Topics and Well Written Essays - 1000 words

Computer & application reseach paper - Essay Example These octopus cards can be recharged at a later stage in over the counter stores as well as through the facilitation of credit cards and not to forget the bank accounts as well. The historical significance of the octopus cards stems from the year 1979 when the MTR network put forward a system which brought different magnetic plastic cards into circulation. These cards were employed for single journey tickets and at times as stored value ones. The Kowloon Canton Railway Corporation made use of these magnetic cards in much the same way in the year 1984 and later on these were renamed as the Common Stored Value Tickets. The Octopus system was employed in the year 1997 after three trials had been done on it. Other transport services also made use of it in the coming times and in the year 2003; a major breakthrough was achieved when the Government of Hong Kong began using it. After this, there was the deployment of these octopus cards within the different faculties of the government which has remained like that to date. The usage of octopus cards is that they be purchased just about anywhere and for doing so, no identification process is deemed necessary. This suggests that the ease of usage is pretty much there so to speak. If the owner misplaces his/her octopus card then the stored value within the octopus card is lost and the anonymous basis of the octopus card makes it so much more easy to use as there is not a bit of personal information or bank account and similar details on the octopus card itself. The use of the octopus card has increased with the passage of time and nearly all forms of purchases with Hong Kong are taking place courtesy the octopus cards. The application of the octopus cards can be studied from the fact that they do not require any form of physical contact with the octopus card readers and can be easily read within a distance of a few centimeters. There are the

Food And Beverage Industry | Go Green Initiative Malaysia

Food And Beverage Industry | Go Green Initiative Malaysia The main objective of this research proposal is to discuss how the research process will be carried out on the selected topic. The topic for this research is Service Industry (Food and Beverage industry) perceptive on implementing Go Green initiative in Malaysia. This topic is chosen due to the fact that there is a limited research that applies to the Malaysian FB market. The purpose of this proposal is to shows how the actual research will be carried out on the topic. However, due to the limitation of the research, the research content will contain background analysis of green practices in Malaysia as well as in other counties. Other aspects of the research are based on demographic, attitude and behaviour of how the service industry has perceived in implementing such concept from its dimension of awareness, understanding and acceptance. By breaking down and studying these aspects, it will help to provide the actual information that is useful for the service industry players to become a sustainable FB industry and take initiative on such practices. This proposal will later discuss how this concept has been implemented in other countries. This is to develop a theoretical framework of these aspects and form a Go Green framework. This includes comparison of current implementations of Go green initiatives. Moreover, the research will also look into whether the government should enforce regulations on the FB industry for Go Green initiatives as default practices. Irrespective of industries, a business is governed with the intension of being Profitable, Sustainable, Productive and aims at achieving the highest level of customer loyalty towards their products and services. Achievements of profitability in businesses are focused more on increased revenue, lower cost of operations and higher profits. Long term growth, consistent revenue and profits, low cost of labour and resources, and being self-sufficient is the focus of businesses in terms of sustainability. Optimal usage of resources, Better utilization and optimal usage of assets are the main focus of businesses for productivity. Increased customer loyalty and increase in customer traffic are the focus of businesses for customer loyalty. In the above mentioned context, sustainability and productivity is a major impact to the FB organization to achieve positive profitability. As a result of industrys major impact, Going Green concept focuses service industry to become sustainable and productive with low cost, and optimal utilization of both assets and resources. Research Problem The idea of going green is relatively new to the food service industry in Malaysia compare to other industry sectors. This is due to the fact that there is limited industrial research and government regulations undertaken on green restaurant concept implementation and its practices in Malaysian market context. Malaysian FB industry is not a highly regulated market by the Malaysian government. Licenses to operate a FB outlet is not a combined effort of various agencies but limited to Ministry of Health and other licensing agencies. Department of environment and other agencies are generally not involved. The legislations / rules and laws of Department of environment and other related agencies are more concentrated on environment issues that are generated by commercial establishments in terms of pollution control and not green initiatives. Therefore, this research focuses on understanding and comprehension of various processes, methodologies and best practices for a Go Green framework for the food and beverage industry in Malaysia. There are two reasons that this research has carried out on this specific topic. Green related articles were already published in Malaysia. Environmental concerned green programmes have been implemented in Malaysia since many years ago. And also many articles that related to its programmes has being published in various sectors like waste management, green building, recycle policy, organic food sectors, hospitality and tourism sector, and etc. Especially in service industry perceptive, there are very limited or almost none have been published green related articles. Provided government regulations are not clearly specify for service industry. There available data like environmental education, green building index, green technology guidelines and process, however, there are no clear information that are stated for service industry to follow. Appendix 1 shows that industry commitment in Green initiative has increased from 2008 to 2009, thus research was analyzed by restaurant industry forecast, 2010. However, such kind of focus has not been done in Malaysia restaurant industry. These shows that service industry in Malaysia has very limited research that give clear information on Go green implementation. From this research, industry will benefit the actual information of industry players perceptive and the best suitable framework of Go green implementation in Malaysian market context. Research Objective To measure the degrees of industry awareness towards the green restaurant concept in Malaysia market context. To identify and understand existing knowledge of green restaurant concept among Malaysia market. To discover the market acceptance ability of green restaurant concept. Develop a framework for the industry to accept Go Green concept to be implemented for long term sustainability. Objectives of the research aim to understand the used of Go green concept in service industry. This is due to limited research has not been done in this particular study area in Malaysia. The outcome of the research will not only benefits to the industry players but also will give a clear framework of how industry can sustain by developing this idea. Therefore, the research will carry out to investigate how industry perceived and identify needs of framework to implement the concept. Research Questions How good is the industry player aware of a green restaurant concept? What is their understanding of the Green restaurant concept, and what is their current contribution towards going green? What is their existing methods or processes of having a sustainable business? Is the Malaysian Food and beverage market willing to accept green restaurant concept practises? Is the food and beverage industry acceptable for the Go green initiatives to be a government regulation? Literature Review Definition Go Green or Going Green is a concerned with the protection of the environment (Oxford Advanced learners Dictionary, 2000); steps to conserve energy, reduce pollution and save money (The U.S. Chamber of commerce Small Business Nation). Tauxe.C.S (2009) mentioned that green practices as a cost-saving response to the effect of high energy prices on operations and on supply and distribution chains, and these measures are valued first in terms of efficiency gains. In restaurant industry, green restaurants may be defined as new or renovated structures designed, constructed, operated, and demolished in an environmentally friendly and energy-efficient manner (Lorenzini 1994, 119) cited by Hu.H.H, Parsa.H.G and Self.J, 2010. In Union for reform Judaism (2010) stated that going green defines as the activity of adding sustainability principles and considerations into the planning process of an event or organizational or personal lifestyle. According to Ministry for the environment of New Zealand defines a sustainable industry as an industry that anticipates economic, environmental and social trends to minimise risk and takes opportunities to improve comparative advantage. A research of Schubert.F (2008) mentioned that companies across all sectors try to develop products and practices with minimized environmental effect as part of social responsible practices, but also in order to establish themselves in a new niche for consumers with environmental concerns this is also true for the hospitality and tourism industry where businesses often rely on the integrity of the environment. Hotels located in natural areas such as mountains or beaches for example, are especially dependent on the healthiness of their sites, and therefore some have been engaging in green practices and eco-tourism for several years. Restaurants however, are often less dependent to such environmental factors and have therefore shown less care for these issues. Areas of green practices Green restaurant association (GRA) explained that fully transformed green restaurant provides a comprehensive and user-friendly method of rewarding existing restaurants foodservices operations, new builds, and events with points in each of the green restaurant associations seven environmental categories. Seven categories which compiled with water efficiency, waste reduction and recycling, sustainable furnishings and building materials, sustainable food, energy, disposables, and chemical and pollution reduction. Hence, the restaurant who are pursuing for becoming fully integrated green restaurant from GRA are also require to use products like- chlorine-free paper products, nontoxic cleaning and chemical products, renewable power, and green building and construction (Wallace.A, 2005). One of the most popular going green concepts is done by practicing the 3R principle which is by reducing, reusing, and recycling the resources used, using organic products, and installing equipments with green technology. In the restaurant industry, small daily savings often make the difference between long-term profit and loss (Restaurant waste minimization guidebook, State of Hawaii). In addition, a restaurants costs go up when it installs pricey equipment to make its operation more sustainable and pay extra to source ingredients that meet sustainability standards (Going Green: Will Customers Notice? 2010). Furthermore, Schubert.F (2008) highlighted that the details of creating an Environmentally Sustainable Restaurant Industry- Green restaurant association (GRA) has also provides guideline for the following areas: Energy Efficiency Conservation: Energy efficient technologies and conservation practices exist for lighting, heating, ventilation, air-conditioning, foodservice appliances, office equipment and transportation. Water Efficiency Conservation: Water efficient technologies and conservation practices exist for foodservice appliances, equipment, and landscaping. Recycling Composting: Recycling services exist for many waste products such as glass, plastic, metal, cardboard, mixed paper, grease, ink toner cartridge. Food waste can be diverted from landfills and made into nutrient-rich soil through the use of a composting service or an on-site system. Sustainable Food: Sustainable food products support the long-term maintenance of ecosystem and agriculture for future generations. Organic agriculture prohibits the use of toxic synthetic pesticides and fertilizers, irradiation, sewage sludge, and genetic engineering. Locally grown food reduce the amount of pollution associated with transportation primarily by fossil fuels. Plant-based food require fewer natural resources and create less pollution per calorie consumed. Pollution Prevention: Pollution prevention is achieved through source reduction, reuse, or improving operational practices. Recycled, Tree-free, Biodegradable Organic Products: Recycled products are made from materials that are collected from post-consumer or post-industrial waste sources. Tree-free products are made from alternative plant sources such as hemp or knead. Biodegradable products are capable of being decomposed by biological agents, especially bacterial. Organic products are grown without the use of toxic synthetic pesticides and fertilizers, irradiation, sewage sludge, and genetic engineering. Chlorine-Free Paper Products: Chlorine-free paper products are unbleached or whitened with alternatives such as hydrogen peroxide, oxygen, and ozone. Non-toxic Cleaning Chemical Products: Non-toxic cleaning and chemical products are biodegradable, free of hazardous ingredients, and are safe for people, animals and environment when used properly. Green Power: Electricity and power is available from renewable resources such as wind, solar, geothermal, small hydro and biomass. These energy sources cause dramatically less air pollution and environmental damage compared to fossil fuel, nuclear, and large-scale hydroelectric energy sources. Green Building Construction: Green design and construction practices significantly reduce or eliminate the negative impact of buildings on the environment, occupants, and the local community. Education: Education of staff on the environmental impact of the restaurant industry and a path toward ecological sustainability. Benefit of Go Green Publicity The GRA and its certified green restaurants have been featured in the following media outlets: NBC Nightly News, The Wall Street Journal, Time Magazine, CNN, The Washington Post, The New York Times, National Public Radio (NPR) and etc (Green Restaurant Association). Cut costs In dine-green website mentioned that some restaurants that are green certified save thousands of dollars each year, and through the help of the GRAs consultants, are able to access rebates, incentives and other money saving programs. Improve staff productivity and morale Staff awareness of going green due to the fact that the industry is currently run by young entrepreneurs who are aware of the environmental issues. GRA have reported that staff productivity and morale increase upon their certification. Restaurant employees have demonstrated that they want to work for businesses that are making real, credible and transparent environmental changes. Being a part of the solution to our worlds environmental problems goes a long way in gaining a restaurant employees loyalty. (Green Restaurant Association) Increase in new customers and customer loyalty Eating out has always been considered a splurge or extravagance in the average Americans budget. The growing trend in restaurant dining is that consumers want to feel as if they have done something good, other than just having nice meal. This fact alone can drive in new customers and create loyal ones. (Green Restaurant Association) Stay ahead of legislation Environmental legislation for restaurants is sweeping across the world, from plastic bag and Styrofoam bands, to recycling mandates. More and more cities are in the process of either considering or passing legislation relating to matters of restaurants and the environment. Because Certified Green restaurants have already completed these important environmental changes voluntarily, when legislation strikes, the GRAs restaurants are able to continue running their businesses while their competitors are scrambling to comply with the latest mandates. (Green Restaurant Association) Industry perception of Go Green According to Oxford Dictionary for the Business World (1993), perception is an intuitive recognition of and an aesthetic quality; a way of seeing, understanding. Perception is the terms used to cover those processes, which gives coherence, unity and meaning to a persons sensory input. It involves all those processes we use to select, sort, organise and interpret sensory data to make meaningful and coherent picture of our world (Rice, 1993). cited by Ramli.K. I, Yusof.N.S Mohamed.M.B.HJ (2004). A frequent research by Hu.H.H, Parsa.H.G and Self.J (2010) said that knowledge of sustainable restaurant operation is an important determinant of intention to patronize a green restaurant. Although a restaurants costs go up when it installs pricey equipment to make its operation more sustainable and pays extra to source ingredients that meet sustainability standard (Going Green: Will Customers Notice? 2010), restaurant can easily make up these costs (Carley.N, 2010). For example, A restaurant that installs a $60 spray valve that release a maximum of 1.28 gallons per minute, compared to regular valves that release 2 gallons to 6 gallons per minute, can save $500 or more a year in water bill. Research Conceptual Framework Perception Awareness Understanding Acceptance Go Green Framework Awareness of going green The following are some points that will be made during the awareness stage. Awareness of the businesses on the green initiatives, Availability of information for these businesses about going green Understating green objectives The following are some points that will be made during the understanding stage. Existing knowledge on going green Knowledge on the impact of the current environment on not going green. Knowledge on how they can be profitable and have a sustainable business by going green Acceptance of going green The following are some points that will be made during the acceptance stage. Weather they are willing to invest in going green initiatives Participation in going green by changing business processes Investments into resources to go green Methodology Methodology of this research will be used base on the primary data and secondary data. Primary data will be collected by using survey questionnaires to the restaurant managers and owners around Kuala Lumpur. Secondary data will be gathered from the relevant academic journals, books, published magazines and articles, and also internet sources. Basically, the survey questionnaires will be distributed to three different types of restaurant such as: fast food restaurants, casual dining restaurants and semi-fine dining or fine dining restaurants. Approximately 30 survey questionnaires will be distributed as sample. The questionnaires will be demonstrated in demographic, attitude and behaviour study on each type of restaurants. This is to ensure there is a balance in different types of service restaurants owner perceptive on Go green concept implementations in Malaysia. The outcome of this survey will give better understanding on how restaurant owners aware and deep analysis of their understanding on this concept. And also it will help to indicate the best options of practices needed for the Malaysian market context. Secondary data will be collected from academic journals, books, relevant magazines and articles, and internet sources. This will enhance the better understanding on theoretical framework of Go green concept practices. In additionally, local government data and non-government organisation data will also include in this research. This is to clarify such concept has been performed in other industry sector as well as to identify the availability of Green supply chain in Malaysia. From above mention data collections, this research will shows industry perceptive on implementing Go green concept and it will also show the best options of practices for Malaysia market which may or may not be an exact practices to compare to other country. Project Timeline Weeks Activities 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Introduction Literature Review Distributing survey Findings Conclusion Submission of Draft References Hu.H.H, Parsa.H.G Self John (2010), The Dynamics of Green Restaurant Patronage, Cornell University, vol.51 Issue.3, pp. 334-362. Schubert.F (2008), Exploring and Predicting Consumers Attitudes and Behaviours Towards Green Restaurants, The Ohio State University. Tauxe.C.S (2009), Shades of Green: Discursive Plurality in the Public Conversation on Sustainability, Green Theory Praxis: The Journal of Ecopedagogy, vol. 5 no. 1, pp. 14 25. Wallace.A (2005), Creating a Sustainable Restaurant Industry with the Green Restaurant Association. Going Green: Will Customers Notice?'(2010), Observer: Restaurant Hospitality, pp.20. Carley.N (2010), Going Green in many ways, Community: Franchise Focus, pp. 26. Ramli.K. I, Yusof.N.S Mohamed.M.B.HJ (2004) Measuring Service Quality in Gourmet Coffee Restaurants in Penang, Universiti Utara Malaysia. Restaurant Waste Minimization Guidebook, State Hawaii, Department of Health and Environmental Health Administration. Conserve Solutions for Sustainability (2010), Greener Restaurants à ¢Ã¢â‚¬Å¾Ã‚ ¢ Wehmeier.S (2000) , Oxford Advanced Learners Dictionary, 6th edn. Great Britain, Oxford University Press. pp.590. Six Reasons to Become a Certified Green Restaurant à ¢Ã¢â‚¬Å¾Ã‚ ¢, Green Restaurant Association http://www.dinegreen.com/restaurants/benefits.asp [ACCESSED ON 1st November 2010] What Is Going Green?, U.S. Chamber of Commerce Small Business Nation http://www.uschambersmallbusinessnation.com/toolkits/guide/P15_1001 [ACCESSED ON 18th November 2010) Green Glossary: Greening/Going Green, Union for Reform Judaism http://urj.org/green/101/glossary/ [ACCESSED ON 18 th November 2010] hat is a sustainable industry?, Ministry for the Environment Manatu Mo Te Taiao http://www.mfe.govt.nz/issues/sustainable-industry/ [ACCESSED ON 18 th November 2010] Appendixes Walt Disneys Leadership Style | Essay Walt Disneys Leadership Style | Essay Whenever people interact in the organization, many factors come into play towards improving an organizations effectiveness. There are factors that influence the behavior of the employees in any organization. Behaviors such i.e. commitment, cooperation, satisfaction, decision-making, motivation, competitiveness, turnover à ¢Ã¢â€š ¬Ã‚ ¦.. Etc, all impacts greatly the effectiveness of any organization. Leadership has sometimes been described as taking people to a place that they would not normally go to on their own. Once a sound strategic planning process has determined what that place should be it is the leaders prime and fundamental responsibility to assure that there is cultural alignment with the vision and that the full resources of the organization are effectively brought to bear to achieve that destination. These definitions tell us that leadership is a way of focusing motivating a group to enable them to achieve their aims. The leaders influence is non-coercive, which means that followers must consent to be influenced, which lead to that leadership is conferred from below, not above as leadership. Also leadership is a goal-directed activity. Followers consent to a leader exercising influence with a view to achieving something. This research would be a great opportunity for the researcher to get a better knowledge about the leaders influence on people and guided through their Endeavour to achieve organization objective. This report is about one of the most famous leaders whos name is known by everyone since childhood. This leader has created one of the leading entertainment businesses in the world. Walt Disney is the founder of Walt Disney Production which had a famous influence in the entertainment field in the 20th century. This report will analyze Mr. Walt Disneys leadership qualities and style. The report starts with a literature review on leadership, Walt Disney biography, his leadership qualities and styles, comments on his style and a conclusion to sum up the finding. The purpose of this study is to: To study the literature on leadership styles in organizations. To analysis the style and the role of leadership of Walt Disney and its effectiveness in reaching the organization objectives. To draw conclusions of what lessons we learn from Walt Disney case about leadership. Review of Literature Leadership is the process of influencing others to work willingly and to the best of their capabilities towards the goals of the leader. (Gallagher, K, Rose, E, McClelland, B, Reynolds, J and Tombs, S, 1997, P527) The word leadership has two common uses meanings: (A) It can be used to describe a process, in which non-coercive influence is used to direct and coordinate the activities of a group toward its objectives. (Rollinson, Broadfield, Edaward 1998). (B) To express the idea that follower perceives that a person has certain attributes or characteristics which enable him or her to exert influence over them (Rollinson, Broadfield, Edaward 1998). In modern society the words of leader and leadership carry a great deal of prestige. Thus many managers lay claim to being leaders, and some probably believe the position they occupy confer the mantle of leadership upon them. It is important to examine whether leadership and management are synonymous; are they, for example, just different words that express the same idea? The success of any group in any organization can be challenged by the effectiveness of the leader and his/her leadership qualities, knowledge leadership style. Leaders can be found in any group by default. Groups they tend to have leaders, and it belief that leadership is one of the -if not the most important- factors which determines whether a group, an organization, or even a nation will be successful granted a degree of power to influence subordinate behavior. An important leadership role is to manage and lead so the Leaders make speeches, produce written communications, listen and chat to colleagues, observe and respond to the needs and otherwise communicate for most their time in the organization. Leaders also interact with the external environment, with suppliers, markets, even competitors. What is more, leaders communicate in far more than words. For example leadership uses symbolic communication as part of a change management strategy. In a simple context, in organizations we can view leadership in: that the employees are willing to work in a more committed way with someone they view as a leader. The important of leadership Leadership is a concern for all of us. (We all share in the responsibility to contribute effectively.) Leadership is viewed and valued differently by various disciplines and cultures. (A multi-disciplinary approach gives better understanding of leadership.) Conventional views of leadership are changing. (The rapid pace of change requires new ways of relating to problems.) Leadership can be exhibited in many ways. (It is adapted to varying situations.) Leadership qualities and skills can be learned and developed. (Leaders are made, not born.) Leadership committed to ethical action is needed to encourage change and social responsibility. (Leaders must apply the highest possible standards of ethical conduct.) Leaders vs. Managers It is an important to the researcher to understand and defined the leader in the chosen Organization. Thus, to understanding the different between the manager and the leaders will help to focus in the right person once the interview taking place. Managers usually have goals or objective to achieve, and are expected to do this by the appropriate use of resources at their disposal. So mangers tend to adopt impersonal or passive attitudes towards goals. In order to get people to accept solutions, the manager needs continually to co-ordinate and balance in order to compromise conflicting values. In relationship with other people, managers maintain a low level of emotional involvement. Managers see themselves more as conservators and regulators of the existing order of affairs with which they identify, and from which they gain rewards. Leaders, they adopt a more personal and active attitude towards goals. Leader creates excitement in work and develops choices that give substance to images that excite people. Leaders have empathy with other people and give attention to what events and actions mean. Leader work in but dont belong to, the organization. Their sense of identity doesnt depend upon membership or work roles and they search out opportunities of change. So the important to organization come in a leader can have a strong influence on the behavior and performance of group members. While influence is a form of power, it is much more subtle from control than the naked use authority. Where leadership is exercised, followers willingly their own subordination, and because the whole situation is partly their idea they are more likely to be committed to performing well. Leadership Styles Leadership Styles is the manner and approach of providing direction, implementing plans, and motivating people, there are normally three styles of leadership: Authoritarian or autocratic: when leaders sets directions and motivate people by reward and punishment. Predicative or democratic: when people are involved in decision making and leaders become more relation oriented. Delegative or free Reigan: when leaders delegate powers and people are more responsible. Walt Disney Biography: Walter Elias Disney is an American business leader who brought to the world the most famous entertainment companies in 20th century. He was born on  December 5, 1901 in Illinois in Chicago in USA. His dream started when he loved drawing while he used to live in a farm and worked in selling candies and newspapers. After his coming back from the World War I in France, he worked at the Pesemen-Rubin Art Studio. Walter met Ubbe Iwwerks and they put up their own company Iwerks- Disney in 1920. The company collapsed eventually and they moved to work with Kansas City Film Ad. In 1922, he formed Laugh-O-Gram Films where he produced short cartoons and started producing Alices Wonderland. Before ending his production of Alices Wonderland, his company got bankrupt and he moved to Hollywood seeking direction job with no luck. He convinced his brother to finance the new company, Disney Brothers, and hired more people in 1925. The big success happened when they created Mickey Mouse which was his popular cartoon character and Disney regained from the loss of the Oswald character rights and his staff in 1928. He even got an Academy Award in 1932. Disney did well in the 1930s especially when he started producing full length features such as now White and the Seven Dwarfs and The Three Little Pigs. However, he faced a big break during the World War II. In the late 1940s, he start recovering when he start using Technicolor and sound scores in his work. In that period he started his vision for an amusement park which came true 1955. Walter Disney died in 1966 of lung cancer. His brother continued his dream and opened the Magic Kingdom in 1971. Walt Disney Achievements: Walt Disney is one of the largest media corporations worldwide. It is publicly traded in the New York Stock Exchange. The company has four main divisions: studio entertainment, media networks, parks and resorts and consumer products. The company owns ABC TV network, broadcast TV stations and lots of radio stations. The studio entertainment movies produced by Disney represent the meaning of family entertainment. Mickey Mouse, Snow White, the Seven Dwarfs, etc. are famous movies created by Disney and become legends for every kids and even adults. Disney Parks and Resorts is the place when you find all Disney characters. The company owns eleven theme parks in three continental, operates 35 resorts and two cruise ships. Disneys media network has arms in television, radio and internet industries. It includes television networks (ABC), radio channels, TV shows, etc. Disney consumer products started in 1929 which is mainly different products represent Disney characters in different sectors such as food beverages, toys, home dà ©cor, books, electronics, interactive games, fine arts, etc. Walt Disney Leadership Analysis: Walter Disney was so ambitious and enthusiasm to make his dream and the drop-backs he faced didnt stop him putting more effort into it. He was hard worker, visionary and devoted. As being creative is one of the main success factors in such businesses. Therefore, Walter had a passion in developing talents through training were he used to have evening classes for employees. He was a risk taker and a hands-on leader. He never stopped dreaming and never stopped trying pursuing his dreams. Since his start, he didnt stop working hard toward his goal even after many break downs happened to him in his early start. Walter was more relationship oriented as he cares a lot about his employees. He used to know each one by name and insist to call him with his first name Walter. He tried to make everyone happy and had a strong commitment to his employees. His main traits which helped him to be successful are: perseverance, passionate, dreamer, and highly imaginative and creative. These traits kept him focused in achieving his vision. Being in the entertainment business, these traits are the best suitable for him to be a leader in this area. He is also a risk taker and has courage to accept changes even with high risk. As he struggled in his early life with the bankruptcy of his early ventures, he still kept focused and took further steps to achieve his goals. He didnt change his career bath as result of the bankruptcy. Instead, he kept focused on his dream and believes as he saw an opportunity a head. He also changed with the new technologies and use technology as a way to be innovative. Walt Disney said When you believe in a thing, believe in it all the way, implicitly and unquestionable. This quotation describes his hard effort to achieve his dream. As a leader, he tried his best to have good relation with his employees. He worked closely with everyone in his company. He was willing to help employees to learn about animation. He pushed his employees to attend art school at his expense. This helped improving the quality of the work. Such attitude from Walter helped gaining the loyalty of his employees and increases their enthusiasm. He motivates people by sharing his ideas and concerns. He created a work environment where all work to gather in all business aspects. All discussion above shows how Walter communicated his vision and dreams to his employees. He was motivating them by involving them in his dream. He showed them the big picture and described his vision to them. They followed his lead with high enthusiasm to achieve his goals. Disney as a company continued toward success even after his death in 1965 and is considered one of the largest entertainment companies around the world. Mr. Walter is classified as transformational leader who influence people to follow him by his charisma. His way of dealing with people created trust, commitment and loyalty of followers which helped in achieving organizational goals and make dreams come true. Mr. Walter said: Disneyland will never be completed. It will continue to grow as long as there is imagination left in the world. This keeps Disney moving forward and keeps it successful. Disney has the characteristics of transformational leaders of being idealized influence, intellectual stimulation, individualized consideration and inspiration motivation. These factors describe his charisma which made him a successful leader. Conclusion: How to manage people become the largest challenges in any organization and is the focus of researchers. Lots of theories have been found to describe different attitudes, behaviors and management practices in organizations and development in this science will never end. As long as people are the key driver of organizations success, managing them will be the first step to achieve goals. As long as there are different people working together, there must be managers who direct them toward achieving organizational goals. Managers guide people to do their work and instruct them in order to reach the organization goals. Managers have specific knowledge and skills to do so and follow lots of techniques to motivate people to follow their orders. Some managers become leaders who capture peoples willingness to follow them. Management is doing things right; leadership is doing the right things is a famous quote by Peter F. Drucker that distinguish between managers and leaders. This case shows that leaders have strong impact on people where they become followers rather than subordinates. Followers are inspired by their leaders to do their work. Napoleon Bonaparte quoted: a leader is a dealer in hope. This can explain the willingness of people to follow them. People believe on their leaders which motivate them to follow them. Its a common sense that people will do thing better if they are willing to do it rather than forced to do it. Walter Disney case shows how leadership makes difference. It also shows how people are inspired by leaders and how they willingness follow leaders. Disney being a transformational leader gained peoples respect and become a loved person. How he involves his staff in his work kept people committed even after his death. His company still successful and his visions are followed till date. People use his quotes as inspiring quotations to motivate others. He said: If you can dream it, you can do it. He also said: All the adversity, Ive in my life, all my troubles and obstacles have strengthened meà ¢Ã¢â€š ¬Ã‚ ¦ You may not realized it when it happens, but a kick in the teeth may be the best thing in the world for you. People are driven till now by his vision and still willing to follow his lead after his death. He put his fingerprint in all peoples heart. His dream become true and he is an evidence of how leadership important and how it makes differences.

James v. Lorenz :: essays research papers

William James and Konrad Lorenz are at a cafà © in the middle of Piccadilly Circus having coffee, smoking cigars, deep in conversation. J: What say you about this Konrad, I have a Scotch terrier that used to live in the barn, and I recently moved him into my home. In the barn, he had this nasty little habit of burying things into the ground, and upon being moved into the house continued with the same behavior. After a few days, he eventually stopped trying to dig altogether. How would you explain this? L: I believe that your carpet was not the right stimulus for your beloved terrier. An animal needs to have a specific stimulus in order to elicit a certain response; in this case, the dirt would elicit the digging. Because the dog was not in an environment that had dirt readily available to him to be able to dig, he had no need to do so. J: Okay, but why did he continue, if even for a few days, to try to dig into my carpet and deposit useless items such as gloves into the floor? L: He was so used to digging in your barn that he continued to do so in your house. The intensity of the stimulus changed, so the response followed suit and changed as well. J: But that is like my fly-wheel of society, he kept on trying to dig into my carpet because he was used to doing it†¦but then that is considered to be a habit and not an instinct. L: It was instinctive for him to bury in the barn not only because he had the right stimulus to elicit the digging, but also what was he burying in the barn? Food, I suppose. I believe that if you take for example the concealment response of Corvids, you will see that some animals purposely hide their food so that in the future, they can retrieve it if necessary. Because as you know of course, that unlike domestic animals, wild animals need to search for their food in order to survive. Your terrier was doing as much in trying to hide his food in the barn, probably because there were other animals that were present and he assumed they might try to take his food. After having been in your home for a few days, he realized that there was no need to continue with the act of burying items such as gloves because it was useless.