Measuring Business Performance Coursework Example | Topics and Well Written Essays - 1500 words - 2

Estimating Business Performance - Coursework Example As indicated by Chary (2009: 19.7) productivity is characterized as the capacity of a business to create an ideal impact, administration or an item with a base measure of exertion. While viability is characterized as the degree or degree to which destinations are accomplished, it is being fruitful in acknowledging or accomplishing what is required. Wharton (2012) characterizes adequacy as the all out yield that is created while productivity alludes to the economy in the use or utilization of assets to play out an assignment. Expect a machine administrator relegated to make shrubs, makes 500 hedges for every move utilizing 25 kilogram of steel bar. The adequacy is that the administrator makes 500 shrubs for each move while the proficiency is that the administrator produces 25 brambles for every kilogram of steel pole. I) Higher degrees of adequacy and effectiveness add to better outcomes. They empower the organization to expand their efficiency by delivering lower cost merchandise and enterprises than contenders. This along these lines makes the organization to make higher benefit for every unit sold or offer lower cost than contenders to the clients (Wharton (2012: 24). ii) The organization can build up an upper hand over its rivals. More elevated levels of proficiency and viability empower associations to deliver great products and ventures. The association can use their assets ideally to accomplish wanted yield in this manner being in front of their rivals (Chary, 2009: 19.8). iii) Finally, accomplishing more elevated levels of viability and productivity empowers organizations to figure out how to stimulate their workforce to concentrate on shared objectives. It encourages the association to oversee and coordinate their human capital towards objective accomplishment and mission satisfaction. The association is in this manner ready to make better correspondence, initiative, cooperation, bearing, flexibility just as positive condition (Chary,

The Tet Offensive through the strategic eyes of the Viet Cong and Research Paper

The Tet Offensive through according to the Viet Cong and North Vietnamese - Research Paper Example Be that as it may, the socialist north chose to organize a hostile in what came to be viewed as the greatest assaults ever, since the Vietnamese war started. During this assault, the socialists assaulted significant towns of the South to a tune of in excess of 100 towns, including the southern capital, while additionally spreading the assaults to more than 36 commonplace capitals of the south, utilizing a detachment of in excess of 80,000 soldiers (Donaldson, 161). In spite of the South Vietnamese and the USA armed force being gotten off guard, reacted to the hostile and in the end defeated the socialists, despite the fact that the entire situation took two additional months, with the most noticeably terrible event being the Battle of Hue, where the entire of the city was decimated and a huge number of occupants, to a tune of 7600 executed by the socialists, in what came to be alluded as the Hue slaughter (Collins, 42). There are three fundamental viewpoints that have made the Tet Of fensive stick out, in the entire scene of the Vietnamese war. To begin with, the Tet hostile was propelled by the North Vietnam against South Vietnam unsuspecting, the socialists to dispense more harm on the South, on the underlying essence of the hostile. Besides, the hostile stands apart as the biggest military activity that was ever directed by either the north or the south in the Vietnamese war. Thirdly, it stands apart as the most noticeably awful assault on the regular people, since the hostile didn't just focus on the Southern Vietnamese and the USA armed forces, yet additionally stretched out its assaults to the non military personnel order and control focuses all through South Vietnam, coming full circle with the terrible Hue slaughter that left more than 7000 regular folks dead (Anderson, 183). Such a gigantic assault activity couldn't have quite recently gone ahead board, without productive and compelling arranging and execution of the assaults. The Tet Offensive happened when the weight was mounting on the USA military and government to think about dropping its inclusion in the Vietnamese war, taking into account that near 45% of the Americans accepted that the war was not worth being sought after, chiefly because of the misfortunes it had delivered on the USA, as far as the quantity of the setbacks of its officers, the addition in tax collection to the residents, and the absence of a smallest sign that the war was reaching a conclusion (Robbins, 12). With such displeasing inside general society, and even a few segments of the legislature and knowledge, the military order expected to act definitively in carrying the entire issue to a stop. The USA military order thusly responded by mounting the achievement hostile in 1967, where it tried to state to the open that the USA would win the war, and carries it to an expedient end. This was accomplished through media purposeful publicity where the military commanders misdirected the American open on the a bilities of the Northern Vietnamese Army and the Viet Cong, by attesting that they were losing ground and thusly were not in a situation to dispatch any significant assault. To check everything, and give more certainty to the individuals, the US armed force General approached the socialists to take a stab at something, in light of the fact that the USA was really searching for a battle (Donaldson, 155). In this way, the counter war feelings by the American open, coupled by the underestimation of the socialists capacity

Knowledge Management Audit Report Free Essays

string(40) sure about releasing their duties. The contextual investigation portrays the issues related with a rule stupendous, a five-star lodging arranged In Thailand. At first the lodging was performing admirably under Thai General Manager; anyway since the takeover by a huge American inn network, rule terrific inn was encountering falling apart conditions with respect to its business and notoriety. Mr. We will compose a custom paper test on Information Management Audit Report or on the other hand any comparable point just for you Request Now . Becker was drafted as another General Manger if Regency Grand Hotel. He was Interested in applying the ideas, strategies, approaches and systems of inn the executives which he prior rehearsed effectively in the US to the Regency Grand Hotel. Mr.. Backer’s achievement was for the most part on securing were the activities were encountering low spirit and poor gainfulness. One of the significant focuses For this situation study Is the way that Regency Grand Hotel was not encountering low confidence and poor productivity. Truth be told Regency Grand Hotel was one of the top performing inns of Thailand were representative fulfillment was high. Mr.. Backer’s ability was in effectively executing administration procedures in a sinking association instead of in a built up and stable association. Research has indicated that the correct representative ought to be employed at the ideal time. [r] One of the significant issues as outlined for the situation study is the execution of same Human Resource Management Strategy in various nations. This Human Resource Management technique by Becker contained presenting the idea of decentralization at Regency Grand Hotel. As indicated by Becker, this system will yield upgraded worker inspiration and generally speaking Job fulfillment which will inauspicious lead to more benefits. This procedure was effectively Implemented by Becker In his past assignments. Becker was sure of accomplishing positive outcomes by Introducing this methodology right away. One investigation shows that training of Human Resource The board can differ across nations predominantly due to adjustment of administrative practices and social peculiarity [Snell and Dean, 1 992, Salk and Brannon, 2000]. Hauled contends that national societies sway the perspectives and practices of representatives (Hefted, 1980). This Is valid on account of Mr.. Becker. Since he originated from United States and had been effectively rehearsing Human Resource Management with workers displaying us culture, he had a mentality reflecting us employee’s conduct towards the board practice. Moreover, Mr.. Becker was of the feeling that a similar Human Resource Management could be polished in Thailand without understanding that there would be methodical contrasts that may have existed in Human Resource Management in various nations. The executives by Objective Is the way toward determining goals inside an association to guarantee that the workers at the administrative level and non administrative level live with the targets set fourth so they can completely comprehend what is required and what should be done inside an association. Studies have indicated that efficiency inside an association increments if Management by Objective program is propelled (Robbins and Coulter, 2005, 165). Be that as it may, Becker Introduced the idea of decentralization however couldn't Implement It unpleasantly. Becker burned through most AT Nils story shrink ten operational level workers. This came about in Backer’s direct correspondence with the operational level representatives which helped the workers better comprehend what Becker needed and anticipated from them. Notwithstanding, the supervisor’s strengthening job was limited which brought about lackluster showing. Researchers have composed that commonly concurred goals are gone ahead between representatives. Becker executed him decentralization plan in the wake of getting endorsement from a few as opposed to all supervisors ND division heads. The majority of the researchers concur that the Management by Objective is fruitful on the off chance that it is executed from top to down while guaranteeing total cooperation [Rodgers, R. ; Hunter, J. E. 1991]. At the point when force and control in partook in association, the general viability increments. (Organelle et al. , 2007)The strengthening is utilized as the board instrument which engages representatives to rehearse inventive methodology while working. Moreover, strengthening is the force which is moved from top level to base level [(Teach et d. 0 04).. Sharpened (1997) contended that strengthening ought to have higher level of openness and responsibility while having the opportunity to act. This means the board so as to engage their workers, must guarantee that the representatives will be persuaded and submitted. This will assist them wit h accomplishing hierarchical objectives while the odds of a representative to stop will essentially diminish. Worker strengthening has been defensiveness’s ways, however K defrosts et al. (2007), Money and Hankie (2006) and Honed (1997) concurred that the center component of strengthening includes giving representatives segment or scope over certain undertaking related exercises. Smith and Mold, (1998) characterized strengthening as an exchange of rower stream the business to the representatives to settle on brisk and quality choice. Sharpened (1997) contended that strengthening isn't just having the overflowed to act, yet additionally having higher level of obligation and responsibility. This shows the executives must enable their me people groups so they will be inspired dedicated fulfilled and help the associations accomplishing destinations Mohammedanize representatives aim to stop. Moving capacity to the representatives ought to be finished with due tirelessness, simultaneously workers to whom the force is moved to, must be considered responsible for their activities. Responsibility will impart discipline in using the scant assets ideal to serve the association and different partners. In this way, representatives ought to be enabled through, sharing data, self-governance in settling on choices and improving their scholarly limit. Welling et al (1991) comparably suggested that an association that engages their representatives will have the option to endure and develop in any condition. Mohammed and Prevail (1998) contended that strengthening is a perspective and enabled representatives mind encounters sentiments of, (1) power over the Job to be performed, (2) familiarity with the setting in HCI the work is performed, (3) responsibility for individual work yield, (4) shared duty regarding unit and hierarchical execution and (5) value in the prizes dependent on individual and aggregate execution. The Cognitive model of strengthening, characterizes strengthening on a wide term, which Includes ten support AT ProvoEng worker Witt certified Coo enlistment Ana chances to have their voice heard having genuine force for control and impact over work forms, which prompts representatives to be positive about releasing their obligations. You read Information Management Audit Report in classification The board This model further underscores that associations have no alternatives but to enable their representatives for reason for endurance, development and increment productivity and being intensity. Further, the model of work group adequacy hypothesized by Cohen et al. (1996) remarked that worker strengthening ought to be the essential concentration for any supervisor who attempts to plan powerful self overseeing work groups in association. Organelle et al. (2007) recommended that, similar to the idea of intensity, strengthening can be seen in two different ways. To start with, it very well may be seen as a social lead †which me that directors should assign capacity to the subordinates. Besides, a persuasive develop where worker strengthening is viewed as a plan to spur representatives in association. In this manner engaged representatives feel roused when they are offered self-rule to settle on choice about their work or are associated with the arranging procedure of Ethel association. Thusly representative strengthening suggests that force is conceded to the workers or assignment of power. Essentially, Procter et al (1999) proposed that for the utilization of the term strengthening of individuals to be significant, there must be a veritable move in the locus of intensity away from the top administration to the shop floor. Scuffle (2004) contended that strengthening is a complex intuitive procedure which includes the demonstration of creating and expanding capacity to the subordinates. Furthermore they distinguished five center mimeo which can upgrade strengthening in associations and these incorporates teaching of representatives, driving, coaching, supporting and demonstrating appropriate structures to improve worker strengthening in association. This unmistakably shows strengthening is a multi-monsoonal process which includes numerous frameworks of the association and is a continuous procedure. Lloyd expense al. 1999) attested that, supervisors should go about as mentors and help representatives to take care of issues. Administrators ought to engage subordinates by appointing susceptibilities and helping them when they have issues and in this manner workers will feel increasingly happy with their supervisors and they will believe them to be reasonable and consequently they will perform to their mana ger’s desires. Workers should be aided the procedure of strengthening. Participative administration, supervisors must engage their representatives by permitting them to take part in choice m a h g process. For anxiety the model of worker strengthening hypothesized by Mammal and Securest (1996) contended that representative strengthening has been expounders the idea of participative administration. The model underscored that strengthening to squeeze a solid establishment in associations; supervisors ought to inherently inspire the conduct of their representatives and must discharge a portion of their position and obligation to different degrees of the association. Sharpened (1997) likened representative strengthening as the board by-stress procedure that pushes individuals and frameworks to the limit by driving specialists to accomplish more.

Reducing Violence in Society free essay sample

Finn’s that â€Å"we truly comprehend the market just when we look at it inside its [full] political, social, and social context† (p. 144). His utilization of the term the â€Å"moral nature of markets† alludes to his idea that business sectors include complex collaborations among a wide scope of social factors that must be examined like an environmental framework. Finn has distinguished four regions of morality:(1) government forced requirements to business sectors that forestall showcase mishandles, likewise they different suppositions from left and right rely on where wall ought to be constructed (2) the arrangement of fundamental merchandise and enterprises to all people, that way to change distributional deficiencies of the market and adjusted the interest and flexibly. (3) the profound quality of people and gatherings to limit singular quest for personal responsibility by uprightness. 4) the nearness of common society, in different universes intentional relationship of people to accomplish shared objectives. He recommends, isn't between tending to these issues through thoroughly free markets from one perspective, or a midway arranged framework on the other, since all true financial frameworks incorporate some blend of business sectors and government inclusion. We will compose a custom exposition test on Lessening Violence in Society or then again any comparable point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Market frameworks give a few limits that restrict or deny certain practices, and arranged economies permit a few choices to be made by people. For all perspectives from left to right, the appraisal of equity will depend on the structure for business sectors themselves as well as on the setting of business sectors. Finn gives a financial safeguard of personal circumstance and market. Since he attempted to accept that libertarians look to safeguard markets without plan of action to moral cases. Be that as it may, they have bombed in the long run, in light of the fact that any guard of business sectors essentially includes some ethical cases, and to be sure libertarians do acknowledge a few cases, however regularly verifiably. With the goal that Finn proposes the â€Å"four issues of financial life†Ã¢â‚¬allocation, appropriation, scale, and nature of relationsâ€which every single monetary framework must address. The monetary issues are interrelated, and endeavors to settle on can have a useful or negative consequences for the others. Starts with the â€Å"construction of fences† that characterizes the limits of reasonable market wall. They permit the built up wall individuals are allowed to seek after their own advantages. All the while, USA individuals concur that present market wall are ethically adequate to forestall manhandles. Since Finn contends that do following up on personal responsibility inside the game is permitted. The officials ought to be dependable to investors and representatives. It isn't simply partnership get benefits as a principle reason, yet in addition supervisors ought to think about others. For instance an organization had lack, officials doesn't lay off its laborers during a downturn sought after but instead lessens the wages and compensations of organization representatives, since everyone has option to seek after their personal circumstance. Workers likewise need to pay for their family or horrendous life. Likewise, every individual want to seek after personal responsibility in social and permit do acting inside guidelines what they made, similar to the â€Å"construction of fences†, the global organization should commit to treat all groups be reasonable. Finn’s contentions are not persuading. I don't think Finn’s record of personal responsibility advance common comprehension. To begin with, Finn’s record of personal circumstance neglects to perceive that in most market trades neither the purchaser nor the merchant assesses their personal responsibility, nor the enthusiasm of others, however each essentially â€Å"goes about their business. For instance on the off chance that I back to home and by the route go to grocery store to purchase foods grown from the ground, I make estimations nor do I think about tradeoffs. I basically select the things, take care of my tab, and head for home. I seek after my personal responsibility since I base my choice on varia bles, for example, comfort, deals, however how regularly do â€Å"abuses† emerge by virtue of self-intrigued conduct? Second, Finn’s record of personal circumstance is that he appears to compare self-intrigued conduct with advertise conduct. An administration official may try to broaden his financial plan, or the quantity of laborers answering to him, to build his compensation.

Civil disobedience Essay

In Ralph Waldo Emerson’s exposition â€Å"Self Reliance† and Henry David Thoreau’s paper â€Å"Civil Disobedience,† both visionary scholars talk about being individual and what changes and changes should be made in a traditionalist society. Thoreau explains more on the connection among uniqueness and society and to break liberated from congruity. Which means to take a position and impact man to roll out a social improvement. Emerson inclines more towards nature and the association with otherworldliness. He shouts that for uniqueness there must be a type of comprehension of oneself to have an effect †which is the fundamental nature. He accepts that man’s association with nature is the most significant wellspring of life since nature is the thing that connections man to God, â€Å"the divine providence.† Both creators express the requirement for independence so as to have a solid good and gotten entire through their visionary goals. In Emerson’s â€Å"Self-Reliance,† social obligation is significant. The importance behind this is there is a period in man’s life when he will at last understand that he has a reason, a predetermination, and the obligation to accomplish objectives as long as there is a tap into profound nature. Emerson states, â€Å"The most grounded man on the planet is he who stands alone,† which references the conviction of independence. Emerson takes note of that celebrated people are regularly misjudged just as a result of their feeling, thoughts, and musings; in any case, this misconception is the reason they are so regarded. One huge point in â€Å"Self Reliance† is that people ought not comply with society however to be free as a top priority. Emerson focuses on that one ought to interface with nature to keep up genuine feelings of serenity and individual attitude. In â€Å"Civil Disobedience,† Thoreau meets a man while spending time in jail in jail who has been secured away for consuming a horse shelter. All things being equal, Thoreau sees his cellmate as a legitimate man by basically confiding in his own instinct. Besides, Thoreau composes, â€Å"The government is best which administers least,† in lines 2-3, which depends on the conviction that individuals ought not fit in with society yet remain autonomous and grasp their own convictions, objectives, qualities, and ethics. Both â€Å"Self Reliance† and â€Å"Civil Disobedience† are pertinent in present day society since they debilitate congruity, which is a major issue on the planet today. People will in general lean with the larger part, yet ought to be educated to hold fast. The two expositions likewise notice the legislature and the issues associated with it. Since they were composed, government has not improved; it might have even exacerbated. Government is best when it oversees least-that point of view should in any case be applied to today’s government. Presently, the administration attempts to continually control each viewpoint in everyone’s life, except like Thoreau states, it ought to permit its kin to choose significant issues.

Management Consultant Resume Examples, Templates Complete Guide

Management Consultant Resume Examples, Templates Complete Guide How do I make the best out of my resume? How can I increase my chances of going to the second round of interviews? Is it possible that I have been making some mistakes while creating my resume that thwarted my success?How Can I improve?Those and many other questions are what taunt each candidate each time they decide to send out a resume.Are those questions valid? Yes, yes they are. Creating a perfect resume is not just a matter of listing personal, educational, and experience information.Many recruiters and HR professionals have studied the ups and downs of summaries to come to a conclusion of how a perfect resume should look like and what pieces of information it should contain.We at Cleverism, have perfected the art of creating resumes! Our resume builder will make it easier to choose the right template, the right font, pick the right information and essentially put you and your resume at the top 10%.So, if you are in the process of looking for a new job, take a look at our resume builder, and find what suits you the most!If you are looking for the very first job ever, and are dreading writing about your non-existent experience, we have a solution for you as well.As if writing resumes is not stressful even if you have a great experience under your belt, you now feel like you have to highlight the lack thereof.You do not.We will show you how to emphasize other parts of your resume so that the lack of experience may even work to your advantage, rather than disqualify you from the job search.We have prepared this text for all of you aspiring Management Consultants with the idea to help you create the best resume of your life which will be a tool on the road to getting that promotion, that dream job, or reaching your very first professional milestone.What are some other questions that are going through your mind when you think about writing your resume? Is it something along the lines of what information you should include? How about the length of it? Keep it sh ort or let your pen run wild? How do you stand out among possibly hundreds of others?In this guide we will help you find the answers to those and many other questions you did not even know you had!You will learn to pick the right information, to order them in a way that is most logical to the recruiters, to highlight your strengths and mask your weaknesses.Our guide is not designed to ensure you get the job, we cannot make that guarantee.However, we do guarantee a larger number of callbacks and that you will be noticed during that first, impersonal round where all the recruiters are basing their choice on is your resume.The rest is pretty much on you and the fact whether you actually meet the job criteria.So, visit our resume builder.Have you picked a layout yet?Great!Let’s get started on creating your resume.We will start by showing you two great examples for a person of your interests, and then we will explain the requirements of each section, and the mistakes that can possibly sneak up on you, step by step.You can try to fill in the resume as we go, or you can make notes and do it later.Check yourself for any mistakes that you might have made in the past and correct them. You will be surprised how much damage a little mistake can do.Ready? Let’s start!!Consulting Resume Example: Helen Paul Right Management Consultant Resume Example: Kenneth Blind Right Create your own resumeAfter going through those two excellent examples of Management Consultant resumes for candidates with or without experience, you may already know how to fill out the template you have chosen from our resume builder.To check and have more of your questions answered to, read our section-by-section in-depth guide.TRICKS ON WRITING THE PERSONAL INFO SECTION OF A MANAGEMENT CONSULTANT RESUMEThe personal information section contains all the necessary information needed to contact you. It seems unlikely, but many resumes are discarded just based on personal information. The reason for that is not in the content, but in the manner in which they are presented.The most important thing here is to keep it professional.Let us go through the personal information subsections step by step.Your name Write your full name i.e. your first and last name. Avoid middle names, nicknames, and abbreviations. All of these make you look unprofessional and childish. If the recruiters see something like this, regardless of how strongly you identify with your nickname, for example, the chances of you getting an interview are slim to none.Profession i.e. the job you are applying for. Very often, a company will have more than one position open in that recruitment period so, specifying what you are applying for makes it easier for the recruiters to spot you.Photo â€" providing a photo is not obligatory in a conventional sense. IT is because some countries do not allow resumes with photos, while others require it. Both have valid reasons for that. Check the practices of the country you are applying for a job in, and act accordingly. If a photo is required make sure it is decent, that you are neatly combed and dressed. It should be a one-person headshot with a neutral background. If you do not have such a photo, ask a friend do make it or visit a studio, do not crop existing pictures.Address, e-mail, and phone number â€" those should be valid, and you should be available to answer a call during working hours (this is when you may expect an interview call). Provide your current address. Keep the e-mail professional as well- use trusted platforms like hotmail, Gmail, or yahoo, and make sure that the e-mail is easily connected to your full name.LinkedIn Account â€" Having a professional LinkedIn account is not obligatory, however it is considered that every contemporary job-seeker has one. It is easy to set up and it provides a great online extension to your resume.Additional information drivers’ or other licenses, social media and more. Provide them if you think that they may contribute to your job. E.g. you used social media to promote your consultant company.Name and EmailHelen Paulhelen.paul@yahoo.com RightName and EmailKenny Blind, Kenneth J. BlindOrKenneth B.K. Blindladyhelen@yahoo.com WrongWith our resume builder quickly add or remove sections as you need. And never worry that you will miss providing important information!SUMMARY SECTION TH AT’LL MAKE YOU A CONSULTANT IN NO TIME!Aside from the experience section, the summary section has proven the most difficult to write for the majority of candidates. It is because it seems as if it is almost completely a space to write whatever you want about yourself. It is not.It is your introduction to the recruiters which means it should have certain attention-grabbing aspects.What are those and how do you find them? The information you should include are given in the job description, use them as keywords.If the job description requires that you operate a certain program, say it, if they are looking for an experienced person-mention how much experience you have.Use the job description as a guideline.What are the most common mistakes candidates make on writing the summary?Length â€" the summary should be 2-3 sentences with specific information. Candidates who find it difficult to write about themselves will opt for a short, generic summary. The mistake with it is that it does no t provide any new information rather than restating the obvious “I want the job you are offering”. Others find it easy to write about themselves, and even if they do include some additional information, it gets lost somewhere in those sentences and other information, and the recruiters miss the important stuff.Content â€" When writing a summary you should highlight a couple of your accomplishments, which ones are determined by the job description. However, many candidates choose to put in the summary something that they want to emphasize, but it is not related to education, experience or skills. If that is the case, why include it in the resume at all?SummaryAn experienced, motivated and creative Management Consultant with 10+ years of experience in Management and Marketing is looking for a new job where I can help my clients reach their greatest potential. I am singlehandedly responsible for the 15% increase in sales over the last year in the previous job. Experienced in busine ss strategy and employee training, I am looking for a fresh working environment to progress more and share my experience. RightSummaryExperienced consultant is looking for a new job. WrongUse up our advice and fill in the summary section in the best possible way.WHAT REALLY MATTERS TO POINT OUT IN THE EXPERIENCE SECTIONThe key to writing the experience section is relevance. You should only write down the experience related to the job application. Summer camp tutoring or working in McDonalds before you got your first “real” job is not relevant.Aside from relevance, pay attention to list the experience in the reverse-chronological order. Start with the most recent one.Recruiters consider the experience acquired the latest as something you would be best at, and that is still fresh in your mind.Aside from providing pure facts on when, where, and in which position you have been working, give short descriptions of your duties and accomplishments (two lines each max).Mistakes that ar e made here:Crowding the section with irrelevant jobs making it more difficult for the recruiters to find what they are looking for.Not stating specific accomplishments. Right WrongWriting the experience section is especially tricky if you do not have any experience to show for. In this case, handling this section can make or break your chances at an interview. What is it that you can do?Emphasize your education over your experience. Either put the experience section under the education or leave it altogether. Deciding to write about any experience that is not related to your field of interest, is okay if you have a ready answer to how it prepared you for the job you are looking for.HOW TO WRITE THE EDUCATION SECTION AS A MANAGEMENT CONSULTANTWriting about the education section consists of writing about your formal education, and it may be the easiest part of creating a summary.You should start with the most recent point and work down to the first one. It is important that you state where you got your degree.It is not enough to say “BS in Management” without mentioning the institution in which you have received your degree.So, start by mentioning the school, and then add the accomplishments.If during your college years you have received scholarships, honors and awards, feel free to highlight them.This will show the recruiters that you are one of the rare ones. If you had a specifically noteworthy GPA, mention it.Also, mention the clubs you have participated in.The education section is particularly important if you do not have any experience, or if your experience is so scarce that putting an emphasis on education has more sense.If that is the case, put the education section right under the summary, and leave experience section for later, or leave it out altogether.Other information that you should include are any certificates or licenses that you have obtained, whether online or in continuing education.Make it a point that those information showcase your ability to successfully do the job you are applying for. Scuba-diving certificate does not count.To make things easier, we have provided you with an option to completely remove the sections, so you can choose a template with or without experience section, and you can add (or remove) as many information as you wish! Have filled in your education section yet? Right WrongTHE BEST WAY TO SHOWCASE YOUR MANAGEMENT CONSULTING SKILLSWriting the skills section is seemingly easy, and you might think that there is no room for mistakes there.You just put down everything you are good at, right?Well, wrong.The choice of skills that you want to improve should mirror the skills required in the job description.There is no need that you have them all, and it is not forbidden that you put down more than that, the key is to include those that you have and which match the job description. The choice of other skills that you desire to put down is on you.The thing that you should pay attention to is that you should not include skills that are relevant to the management, consulting or any other aspect of your job. If it somehow helps you do the job well, then include it.You can divide the skills into core skills and soft skills.Core skills are those which directly enable you to do your job like knowing a certain program or for example, accounting if your job will consist of managing finances.Soft skills are the personality traits that enable you to be a great consultant: great time management skills, people skills, communication.When you are listing the skills, establish an order. The usual way is to list the core skills and then the soft ones, however there is no rule that says you cannot reverse it.What you should not do is mix them up, and only for the sake of consistency and order. The recruiters spend only seconds skimming through your resume, so do not confuse them. Right WrongMake sure that you provide the level of knowledge of each skill. The recruiters will have a better picture of whether you are the person for the job if the skills are not just listed all on their own.Pick from a variety of grading options (descriptive, star-based, scale…) from our resume builder.TIPS TRICKS THAT GET MANAGEMENT CONSULTANTS HIRED RIGHT AWAYKeep and regularly update a master resume. A master resume is a resume with all your experience, education and personal information. Have them listed at one place so that you do not forget some of it, or if for nothing else, it is quicker and easier to copy information than write it all over again.Tailor-make a resume for each job application. Do not make the mistake of sending out generic resumes, even if you create it on our builder. Even the slightest tweak according to the job description can make a huge difference.Steer clear of highlighting politically colored causes and accomplishments.Do not get discouraged. Finding a perfect job happens overnight only in movies. If you do not get a job that you have applied for that does not mean that you will not get the next one, or the next one.Before sending the resume, make sure to proofread it for either type-Os or content mistakes. Remove information you may find redundant, or add more if you need to. It is also advisable to have somebody else look at it, just so you do not miss something.Try to take a look at your resume from the HRs perspective and try to be as objective as possible. Compare the resume with the job requirements. Here, a colleague’s or a friend’s helpful hand can also point out misses and mistakes.Save your resume in a PDF format- un-editable, nice and neat.Practice answering interview questions. If you do not have an explanation or a reason why certain information found its place on your resume, it is better to remove them. Otherwise, you may seem unprepared.Use our resume builder. It will significantly improve your resume and yo ur resume-creating experience.FINAL THOUGHTSAnd voila- your perfect Management Consultant resume!We, here at Cleverism sincerely hope that you will get your dream job!   We have given you all the necessary information and showed you our best tips and tricks to create a resume that will help you achieve that.If you follow the guidelines you will surely be noticed among others, we are sure of that!Our last advice for you is to keep improving, master new skills that can help you be a better Management Consultant, invest in furthering your education, your current employers will appreciate that, and when you decide that it is time that you moved on, it will be easier to choose what to put on your next resume. Good luck! Create your own resume

Key Differences Between IFRS and AAOIFI Research Assignment - 275 Words

Key Differences Between IFRS and AAOIFI Research Assignment (Essay Sample) Content: Differences between AAOIFI and IASB standardsNameCourseProfessorUniversityDateIslamic AccountingPart 1Buy and sell over loan contractsIt is referred as Bai-Inah in Islamic finance. The bank sells an asset to a client and later repurchase it at a discount hence creating debt. It is opposite of a Murabahah contract where a client sells an asset to the bank and repurchases it at cost-plus-profit. Under the Bai-Inah contract, the bank has no intention to sell its assets to the clients, and the conditions are that upon completion of the property transfer to the client the asset is resold back to the bank. There is a debate if it is Hilah as its only economic value is to create debt. One of the features of this type of contract is that it provides a clear flow of buy and sell off an asset emulating an underlying transaction. Another feature provides clear documentation of the transaction to show the sequential order of the sell and buy off the contract. Bai-Inah contract sh ows clear demarcation between a buyer, seller, offer, value, and asset (Islam, 2015). The selling and purchase price is agreed, and terms cannot be tampered with without consent. Though this type of contract is not allowed, Malaysia has allowed it since the Shariah scholars there consider it as valid.Form over substanceAccording to the IFRS, the principle of substance over form is the concept of the reliability of financial statements. A financial statement which is reliable is one that reflects transactions in their true nature rather than in their legal form. However, AAOIFI prefers the principle of form over substance where they emphasis on the legal nature of a financial transaction rather than its economic benefits. The preference of this principle by AAOIFI is seen on their standard on leasing. They recognize the obligations and rights of the contractual parties which are reflected by the legal form of the contract. The legal form of Islamic contracts is considered fully vali d even when the contracts do not have economic substance.An example where the principle of form over substance is used is in the execution of BBA financing. A BBA contract is where a bank acts as a seller to a client and sells the goods at cost price plus a predetermined markup. The client determines the goods he needs from a supplier and the bank purchases the goods from the provider and then sell them to the client at a higher price. The client then repays the bank in installments for a specific period. It enables the bank to evade giving the prohibited interest-based loans. A BBA contract is allowed by AAOIFI since it is considered as a trading activity where the seller is the bank and the purchaser is the customer. The legal form of this financial transaction is given more emphasis than the economic benefits. However, the economic substance and legal form of a BBA contract are the same (Ismail and Sori, 2017).Time value of moneyThe AAOIFI rejects the concept of time value of mon ey, as is shown in the Statement of Financial Accounting 2. It is haram for financial institutions to make money out of money since money is considered worthless by itself in Islam. The definition of money in Islam is different from the conventional way of defining money. In Islam, money is only a medium of exchange and is considered capital when combined with other resources. The inability of money to produce itself means that it would be unjust to assign the time value to it as it must be joined with other resources for it to gain value. The concept of time value of money is rejected since no interest is charged (Rosman et al., 2016). However, some critics argue that although interest is prohibited, it would be appropriate to show a financing effect of a financial transaction.Islam prohibits people from making a profit out of currency they have received before being given its counter-value as valuation is only done when the trade of goods is complete, not when the loans or debts a re given. Thus, qard is stated on maturity rather than up front. Any increment in Islamic finance is set by the debtor and is voluntary.Reconciling the differencesThe differences between the AAOIFI and IASB standards are mainly of the time value of money, form over substance and loan contracts. Some of these differences cannot be reconcilable as the conventional way of doing it is haram from an Islamic point of view. The time value of money in the conventional way as applied by the IASB is where the present value of money is always greater than its future value, with the interest rate being the discounting factor. In Islam, interest is prohibited and hence the time value of money cannot be used (Hanif, 2014). However, though interest is prohibited in Islam, use of time value of money can be necessary to show the financing effect of transactions. Presently, time value of money is not acceptable in Islam.The legal and economic nature of a financial transaction is a point of debate bet ween the AAOIFI and IASB. IASB prefers substance over form principle while the AAOIFI prefers the form over substance principle. An Islamic perspective will emphasis on a legal nature of a transaction rather than the economic benefit. The loan contracts are also handled differently by the two regimes where AAOIFI standards ensure that banks do not charge interest they give their clients. AAOIFI only establishes standards to be applied in situations where the IFRS are contrary to the beliefs of Islam or when IFRS have not set any standards for products unique only to Islamic Finance. The reconciliation process between AAOIFI and IASB is still at the early stages, and a solution will be hard to arrive at due to the different principles being applied by the two regimes.Part 2Financing leaseAccording to IASB, a financing lease is a lease where a lessor buys an asset for a lessee and rents it to the lessee for a specified period. The lessee is in a similar position as if they had bought the asset themselves. The lessors reward is the rent they charge the lessee and retains ownership of the asset until the complete payments have been paid. However, the lessee has exclusive use of the asset. For a lease to be considered a financing lease, the following tests have to be met: The lessor has to hand over the ownership of the asset to the lessee at the end of the lease period. The lease period runs through the bigger part of the economic life of the asset, even if the ownership transfer of the asset is not done. At the beginning of the lease, the present value of the present value of all the lease payments has to be at least the fair value of the asset. The asset leased have to be specialized in nature such that they can be used without major modifications. If the lessee is allowed to cancel the lease, any losses incurred by the lessor are transferred to the lessee. Any fluctuations in the fair value of the residual leading to gains or losses fall to th e lessee. The lessee/ hirer can continue the lease for a subsequent period paying a rent lower than the market rent.How can a firm using AAOIFI standards mimic economics of financing leasing?Firms that use AAOIFI standards can gain the economics of financing leasing through Ijarah Muntahia Bittamleek. Ijarah Muntahia Bittamleek literary means to give something on a stream of rental payments. It can also be defined as a process where the usufruct of a property is transferred to the lessee in exchange for rewards in the form of rental payments. It is a contract that has three major elements: form, two parties and subject matter. The form includes an offer and acceptance. The contract has to have two parties, a lessor, and a lessee. The subject matter of Ijarah Muntahia Bittamleek includes the consideration and the benefit from the utilization of the asset leased (Sarea, 2012). In an Ijarah Muntahia Bittamleek contract, the ownership of the leased asset to the lessee at the end of t he Ijarah term.There are five different ways with which the transfer of ownership of the asset can be done. The first is a gift at the end of the period of the lease. The transfer of the ownership of the asset is done under no consideration to the lessee. The second way is through the sale of the asset to the lessee for a token consideration the end of the lease period. The token must be agreed by the two parties. The third way is through the sale of the asset at the end of the period of Ijarah for an amount specified in the lease. There must be a promise to enter into a sale contract which includes the amount to be paid at the end of a lease period. The fourth way is selling the asset any time during the Ijarah period for an amount equal to installments remaining. The fifth way of transferring ownership of the asset is through the gradual transfer of the title. The price has to be determined so that a proportionate share of the asset is transferred at every period.Firms using AAOIF I standards can use the Ijarah Muntahia Bittamleek contract to mimic the economics of a financing lease.Accounting treatment of Ijarah Muntahia Bittamleek and financing leaseAccounting treatment of Ijarah Muntahia Bittamleek in the books of the lessor1. Accounting treatment when the bank purchases the asset on behalf of the client.Dr Advance against IjarahCr Pay orderDr CashCr Security deposit2. When the lessee receives the assetDr Asset acquired for IjarahCr Advance against Ijarah3. Accruals of income when dueDr Rental receivableCr Rental income4. When receiving rental paymentsDr Party Bank A/cCr Ijarah rental receivable5. At maturity of Ijarah contractDr Security DepositCr Party Bank A/cDr Party Bank A/cCr Asset acquired for Ijarah at wdvAccounting t...