Essay On Biotechnology - 1520 Words

Current advances in biotechnology through massively parallel sequencing, or Next Generation Sequencing (NGS), has allowed for the investigation and in-depth sequencing of the human genome particularly for the study of biological markers, translational research and genotyping. Upon discovery of cell-free DNA in maternal plasma, implementation of Non-invasive Prenatal Testing, or NIFTY/NIPT, has been actively performed throughout the globe to test for fetal chromosomal abnormalities, particularly Down’s syndrome. Detection rates of fetal aneuploidies can be done in the first and/or second trimester – as early as 4 weeks of gestation, however, most accurate results are found at 7 weeks of gestation. The high accuracy rate of detection of†¦show more content†¦Each clinic has set several standards and cut-off ranges in order to reduce the rate of false positive that is dependent on the age of the pregnant mother and the ranges set by the clinic itself (De Jong, A., Dondorp, W. J., et.al., 2010). The age of a pregnant woman can cause high-risk scenarios and increases the chance of fetal abnormalities. A study conducted by Dr. C. Lewis and associates (2014) have shown that most pregnant women seeking NIPT were typically older, predominately white, and well-educated. Furthermore, with the utilization of NIPT worldwide, there are various factors contributing towards higher aneuploidy rates, especially in lower middle class communities, urban areas, and the slums. Dr. C. Lewis and associates (2014) produced statistics that have found that there are typically higher rates of aneuploidy in rural and urban areas because women tend to marry or conceive children at age 35 and older. Likewise, due to high consanguineous marriage rates in many parts of the Middle East, there is a higher incident and increased rate of delivering a child with birth defects or a genetic disorder (Allyse, M., Minear, M., et. al, 2015). These studies have supported that although the number of cases associated with children born with a genetic disorder is unknown, there is a high correlation associated with increased age of conception of the mother with some growing evidence of high paternal age as well, thus leading to high terminationShow MoreRelated Biotechnology Essay763 Words   |  4 Pages Biotechnology nbsp;nbsp;nbsp;nbsp;nbsp;Over the past decade, Biotechnology has advanced much to the advantage of many people. We have learned that with certain chemicals, we are able to cut-and-paste the DNA of certain organisms, and alter them to comply to our sociable needs. But this can also affect modern medicine, political factors, economic, and societal balances in our nation. nbsp;nbsp;nbsp;nbsp;nbsp;For medicine, Biotechnology has been a blessing, healing people who suffer fromRead MoreBiotechnology in London Essays856 Words   |  4 PagesBiotechnology in London The phrase â€Å"location, location, location† is often used from the real-estate side of business. This phrase is also essential for an organization to determine where they are going to set up their operations in order to have success. When doing business in another country there are several factors that CEO’s must take into account. Predominantly culture is the major concern because there are some variables that cannot be measured; how will the locals react to us beingRead MoreThe Uses of Biotechnology Essay682 Words   |  3 PagesThe Uses of Biotechnology The scientific rules of genetics were not known until the nineteenth century, when Gregor Mendel determined from his study of plants that particles that can not be seen carry traits that are passed on from generation to generation. In 1953, James Watson and Francis Crick made the makeup of the genetic code called deoxyribonucleic acid, or DNA, the genetic material that is in all living cells. Deoxyribonucleic acid encodes the order of amino acids that have peptides andRead MoreAdvancements In Biotechnology Essay1088 Words   |  5 Pageslife. One of the most important fields of science and technology is Biotechnology. The advancement in biotechnology brought forward the solutions for many of the problems that human race were facing, including the problem of feeding a large population but at the same time, it poses some new threats and challenges to human beings as well. This short report discusses the merits and demerits of extensive applications of biotechnology, specially the imp acts of genetically modified/engineered crops whichRead MoreEssay Food Products and Biotechnology1636 Words   |  7 PagesFood Products and Biotechnology INTRODUCTION This paper is about Biotechnology and its use in creating new food products. In researching this paper, I found there is a lot of information on this subject and a lot of debate on the creation of genetically altered food, medicine, crops, and more. I decided to do my paper on the genetically altered food part of the subject. I will discuss what biotechnology is, who is for it and who is against it, and what some of the ethical concerns are whenRead MoreBacteria Transformation in Biotechnology Essay1673 Words   |  7 Pagessource of error was found during the experiment since the results obtained were completely expected based in the information of the procedure. New studies are being made constantly and this transformation technique is widely used in the field of biotechnology. In the study of Plasmid DNA Transformation in Escherichia Coli: Effect of Heat Shock Temperature, Duration, and Cold Incubation of CaCl2 Treated Cells, the experiment was based on how much quantitative is the difference between different variablesRead More A Discussion of the Social Effects of Biotechnology Essay2006 Words   |  9 PagesA Discussion of the Social Effects of Biotechnology The world of work in agriculture is in a process of rapid change. While change is by no means alien to agriculture, something new has entered the arena which promises and/or threatens to fundamentally alter agricultural practices across the globe. Biotechnology has already begun to be implemented resulting in what may be important shifts in not only agricultural production, but indeed changes in the very makeup of agricultural products themselvesRead MoreLeading Biotechnology Company: Genentech Essay1617 Words   |  7 Pagespresently it is Ian T. Clark. Genentech is a leading biotechnology company, using human genetic information to discover, develop, manufacture and commercialize medicines to treat people with serious or life-threatening medical conditions (2014). Biotechnology is the technology based on the science of cellular and biomolecular processes to develop technologies and products that help improve peoples’ lives and the health of our environment. How biotechnolo gy uses cellular and biomolecular processes are byRead MoreRNA Interference in Biotechnology and Pharmacetics Essay1200 Words   |  5 PagesThey utilized the nematode, C. Elegans due to its whole genome being sequenced. This unique characteristic allows for every gene to be tested 2 during RNAi. RNA interference is now applied in many forms of biological science from, Physiology to Biotechnology. RNA Interference has been successfully applied in many fields of medicines used to treat issues such as, Parkinson’s and Lung Cancer. One study, sponsored by Alnylam Pharmaceuticals, Cambridge suggested that use of RNAi can be used to inhibitRead MoreBiotechnology in Malysia : Medicinal Patent Essay1161 Words   |  5 Pagesfall under statutory exceptions for non-patentable subject matters. The requirements for patentability of pharmaceutical inventions are that the invention must be new, involves an inventive step and it is industrially applicable. According to Biotechnology In Malaysia (2008), granted patents in the healthcare field are showing an increasing trend by scoring 121 patents amongst 296 patents in total. These patents are under legislation of the Patents Act 1983 in Malaysia. This biological patent can

Grand Theory Compare and Contrast Essay example - 1511 Words

Contrast and Comparison of Nursing Grand Theorists Carol Goetz Maryville University The purpose of this paper is to compare and contrast nursing theorists from the four categories which are identified by Meleis as: Needs, Interaction, Outcome and Caring. (Meleis, 2012, Chapter 9) I have chosen Faye Abdellah, Imogene King, Myra Levine and Jean Watson as the grand theorists that I would like to explore for this study in contrast and comparison. This decision was made, in part, due to the fact that all of these theorists were born and educated in the twentieth century and I felt that their theories might be more applicable to my nursing practice. The information contained in the tables was obtained from several sources in an†¦show more content†¦| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |Show MoreRelatedGrand Theorists : Theories And Theories Essay1262 Words   |  6 Pages Grand Theorists Susana Nwosu Maryville University â€Æ' Grand Theorists Theory is a journey to uncover the past and improve the future. By uncovering and analyzing a discipline’s theoretical journey, insight and self-awareness are gained. According to Meleis (2012), â€Å"Theories are reservoirs in which related knowledge is articulated and organized into meaningful wholes† (p.33). By implementing and analyzing theories, empowerment and guidance for the future is obtained. Meleis (2012) further classifiesRead MoreNur502 All Weeks Discussions Latest720 Words   |  3 Pagesselected APN role. Grand Canyon NUR502 Week 3 Discussion DQ1 DQ 2 Latest 2015 DQ 1 Discuss the value of nursing theory to the profession of nursing. Identify one way in which you could use nursing theory to improve your practice (present or future role). Provide a reference for your response. DQ 2 Read the AACN documents for essentials of baccalaureate versus masters education and identify the competencies that reflect use of theory and knowledge. Compare and contrast the competencies forRead MoreDating : The Rocks Of The Grand Canyon1013 Words   |  5 Pages Dating the Rocks of The Grand Canyon (old earth vs. young earth) I. Introduction The Grand Canyon is a National Park located in Arizona where over four billion individuals go to visit yearly (â€Å"Grand Canyon National Park,† n.d.; Hill Moshier, 2009, p. 99). It is over â€Å"18 miles wide†; â€Å"a mile deep†; and â€Å"300 miles long† (â€Å"Grand Canyon National Park,† n.d.; Bohlin, 1993). When looking at the Grand Canyon, there are essentially two sides, the South side and the North side also known as Rims. BothRead MoreGarnd and Middle Range Theories1080 Words   |  5 PagesGrand and Middle Range Theories Meriam Izobo Oakland University Grand and Middle Range Theories When one thinks of the word theory the next thought should be nursing because the foundations of nursing are built from nursing theories. The history of nursing holds a significance to theory in that theories help establish nursing as a profession (Smith amp; Liehr, 2014). Theories from the past in the Nightingale era and new theories today in the 21st century aid in the guidance of nursingRead MoreDating the Rocks of the Grand Canyon (Old Earth vs. Young Earth)1102 Words   |  5 PagesIntroduction This is a comparative essay and its purpose is to compare old-Earth and young-Earth viewpoints on Dating the rocks of the Grand Canyon. There are different views on this and no scientific method that can prove (completely) the age of the universe or the earth. There are the use of different types of calculations that can provide some guesses on the age of the earth. Many things need to be assumed such as a beginning date and the speed of change along with varying increases and decreasesRead MoreIn this compare and contrast paper I will highlight the differences and commonalities1167 Words   |  5 Pagesï » ¿ Compare and Contrast Paper Jeremiah Barwick Liberty CCOU 201 In this compare and contrast paper I will highlight the differences and commonalities between Larry Crabb’s biblical model of counseling, theories, and techniques of Rodgerian theory called Rodgers’ Client-Centered Therapy (RCCT), Rational Emotive Behavior Therapy (REBT), and Cognitive-Behavioral Therapy (CBT). All of these theories are a form of psychotherapy. Couselors today use techniques such as pharmacologicalRead MoreEssay on Creationism and Grand Canyon755 Words   |  4 Pagesï » ¿ Comparative Essay Dating the Rocks of the Grand Canyon (Old Earth Comparative Essay 1 Dating the Rocks of the Grand Canyon (Old Earth vs. Young Earth) Dating the rocks of the Grand Canyon is a scientific way to find out the age of this mysterious landmark. The age of the Earth and the Grand Canyon is a question both of a biblical interpretation and scientific investigation. It can be viewedRead MoreCompare and Contrast of the Paintings: Man in a Red Turban and Louis XIV by Van Eyck and Rigaud886 Words   |  4 Pagesalways about vanity, it means so much more and can be conveyed in many different ways. In some cases, the artists moved beyond that of a simple likeness and can instill different emotions in the viewer. That being said, in this essay I will compare and contrast two portraits. The first is an oil painting titled Man in a Red Turban by Flemish painter Jan van Eyck from 1433. The second work of art is Louis XIV by Hyacinthe Rigaud, a French Baroque painter. The portrait is from 1701 and is an oil-on-canvasRead MoreThe Development Of Middle Range Theory1474 Words   |  6 Pagespracticing nurses started to incorporate nu rsing theories into their research and clinical practices. The most of the early theories fell into category of â€Å"grand theory†. While nursing researchers initially tried to utilize the grand theory in to their research, due to its wide range of information it made the effort difficult. The development of middle range theory started to emerge in attempt to incorporate in nursing research and practice. Middle range theory extend the understanding of nursing practiceRead MoreHow Do the Major Theories of Child Development (Known as the ‘Grand Theories’) Explore the Importance of Social Experiences?1675 Words   |  7 PagesHow do the major theories of child development (known as the ‘grand theories’) explore the importance of social experiences? Social experiences play a vital role in the development of children. Theories of child development have been created to help us to understand how children’s minds develop, taking into account the differences between cultures around the world. Some of these theories explore the possibility that children gain knowledge, develop new concepts and bridge new ideas through interaction

Nike vs Adidas - 1127 Words

ENTREPRENEURSHIP PROJECT CASE STUDY INTRODUCTION CONTENTS 1. | ACKNOWLGEMENT | 2. | AIM | 3. | INTODUCTION OF THE COMPANIES | 4. | COMPARISION OF MARKETING STRATEGY | 5. | DATA ANALYSIS | 6. | DATA REPORT | 7. | CONCLUSION | ACKNOWLEDGEMENT I would like to thank my teacher Mrs. Grace for her extensive support in the completion of this entrepreneurship project and also providing me with help full tips. This project has enlightened me and made me more aware of the product. I would also like to thank all my classmates for their help in doing this project. AIM The main aim of this project is to compare and identify the various marketing†¦show more content†¦Nike also owned Bauer Hockey (later renamed Nike Bauer) between 1995 and 2008. In addition to manufacturing sportswear and equipment, the company operates retail stores under the Niketown name. Nike sponsors many high profile athletes and sports teams around the world, with the highly recognized trademarks of Just do it and the Swoosh logo. Marketing strategy of Nike:- *Product:- * Nike’s foremost focus is athletic footwear and apparels designed for sports and everyday usage with the brand name. * New product offerings under the name of brand include sports balls, eyewears, bats etc... * They also utilize the auxiliary bodies to sell the sports related raw materials and products. *Price:- * The company has designed its pricing structure in a way to make it competitive to other shoe sellers. * The prices of the products are variable depending on the type and the size. *Promotion:- * The company has used electronic media (commercials, websites and newspapers) to promote their brand. * Many well known athletes have also worked for the advertisement of the brand. * They sponsor events for the marketing of the brand. * The brands swoosh logo and image played an important role in its advertisements. *Place:- * Nike has its individual stores and also available at major malls all over the globe. * The company also sells its products through individuals, auxiliaries and licenses. * The company has its productionShow MoreRelatedNike vs Adidas1039 Words   |  5 PagesNike, Inc. (IPA: / naÉ ªki/) (NYSE: NKE) is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered in Beaverton, near the Portland metropolitan area of Oregon. It is the world s leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment with revenue in excess of $18.6 billion USD in its fiscal year 2008 (ending May 31, 2008). As of 2008, it employed more than 30,000 people worldwide. Nike and Precision CastpartsRead MoreNike vs Adidas1379 Words   |  6 Pages1. Visit minimum 5 retailers of NIKE/ADIDAS and prepare a brief summary report of: a) Typical customer profile/demographic profile of the products of NIKE/ADIDAS shoes. b) Acceptance levels of the 2 brands in the consumers of your city. c) Consumer feedback for improvement, if any, of NIKE/ADIDAS. Ans: The Finally report After visit of Six Outlets of Nike Adidas: Introduction: As we know that both the brands NIKE and ADIDAS are having a very good reputed brandsRead Morenike vs adidas Essay14192 Words   |  57 PagesVS 1 A COMPARITIVE ANALYSIS OF MARKETING STRATERGIES FOLLOWED BY NIKE AND ADIDAS TEAM MEMBERS ANUPAMA VENU CLAES JOTORP DEEPAK TUSHIR GUSTAV TENERZ SAIRAM KRISHNAN SANJAY SHARMA SUNANDA SURESH 09014 09126 09032 09128 09088 09090 09112 2 INDEX 1. INTRODUCTION 1.1. BRIEF ANALYSIS OF INDUSTRY 1.2. BRIEF DEFINITON OF INDUSTRY 1.2.1.TRENDS IN THE INDUSTRY 1.2.2.MARKET ANALYSIS 1.2.3.MAJOR PLAYERS AND MARKET SHARES 1.3. MAJOR FORCES SHAPING THE INDUSTRY 1.3Read MoreNike vs Adidas2240 Words   |  9 Pagesstrategies of sport companies for Nike and Adidas. Introduction My area of study for this project would be more on comparing the performances for Nike and Adidas for the past 5 years. In this project I would explain the performance such as growth in profits, revenues, market share, the company employers and employees, size of the market share, steps for increasing the social performance, products performance, dividends per share, assets and the company investment. Nike and Adidas and have been the top twoRead MoreAdidas vs Nike Marketing Battle2963 Words   |  12 Pagesand Mix for athletic shoe brands in the UK: Adidas Vs Nike. Table of contents 1.0 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦p.3 2.0 Market and Literature Review 3.1 Nike Inc†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..p.3 3.2 Business Segments†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.p.3 3.3 Marketing mix: Nike†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..p.3 3.4 Adidas†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦p.3 3.5 Marketing mix: Adidas†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..p.4 3.6Read MoreFinancial Analysis: Nike Vs. Adidas4709 Words   |  19 PagesComparative Financial Analysis Nike Inc. vs. Adidas AG Submitted to: Dr. Ismail Gomaa By: Ghada Mahmoud Saafan 1/1/2010 CONTENTS Contents ........................................................................................................................................................................2 Methodology: ................................................................................................................................................................3 Nike Inc. ...............Read MoreFinancial Analysis: Nike Vs. Adidas4725 Words   |  19 PagesFinancial Analysis Nike Inc. vs. Adidas AG Submitted to: Dr. Ismail Gomaa By: Ghada Mahmoud Saafan 1/1/2010 CONTENTS Contents ........................................................................................................................................................................2 Methodology: ................................................................................................................................................................3 Nike Inc. ............Read MoreEssay on Promotion of Nike vs. Adidas1745 Words   |  7 PagesPROMOTION! NIKE Nike is the worlds #1 manufacturer and marketer of athletic footwear and apparel. Almost out of the blue, the company established itself as one of the worlds most familiar brands during the 1980s and 1990s.and now 2000s. As familiar as a Coke bottle or Big Mac, the Nike swoosh logo came to symbolize not just sports culture, but street culture, as the appeal of the star players who endorsed the brand was carried onto city streets. Nike is undisputed leader in sports-orientedRead MoreAdidas vs Nike Case Study2676 Words   |  11 PagesADIDAS GROUP OF COMPANY [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] Adidas Executive Board is composed of four members who reflect the diversity and internationality of the Group: Herbert Hainer The Chief Executive Officer Glenn Bennett Responsible for Global Operations Robin J. Stalker Responsible for Finance Erich Stamminger Responsible for Global Brands Read MoreAdidas and Nike1270 Words   |  6 PagesADIDAS AND NIKE Nike and Adidas are two the largest sportswear companies of nowadays. They are the giants in the sportswear industry, which always introduce innovative products, in order to become the ultimate market leaders. Nike is an American multinational corporation, which produces footwear, clothes, equipment and other active sport items (Feifer 2014). The company was founded in 1964 by Phil Knight and Bill Bowerman. Nike uses specific method of advertising, which differentiates it from

Organizational Commitment Satisfaction and Productivity - MyAssignment

Question: Discuss about the Organizational Commitment Satisfaction and Productivity. Answer: Introduction: Company through effective bonus system can reap enough benefits for the overall practice, though experts state that they need to be considered in careful manner (Luciano et al. 2015). They do not always work in every situation or in that sense for all the employees. It is important for the company management to know their employees. It is significant to know the employees who are motivated for striving their goals and respond to the bonuses (Justis, Chan and Werbel 2015). The company needs to have the right type of people for the right place. One of the significance of efficient bonus plan is the goals that the management sets for the employees. The goals of an organization need to be stretched ones. The management in all probabilities would want their employees to reach for it in order to attain them; however it should never be unattainable so that the employees stop trying (Mattson, Torbirn and Hellgren 2014). This paper has taken in three forms of bonuses which are referral bonus, spot bonus and signing bonus. Firstly, referral bonus takes in the ways the company would be handling the payouts. It might either be at the starting of the probationary period and then again in the end of it or fully at the end (Kee, bin Ahmad and Abdullah 2016). The company needs to decide whether the referral bonus should be for every job or for certain positions within the company (Yang et al. 2016). Companies generally offer higher referral bonuses for referring of the candidates who augments staff diversity and they turn out to be best performers (Deepa, Palaniswamy and Kuppusamy 2014). Secondly, spot bonuses are generally provided to the employees provided on spot in rewarding their desirable behavior. Spot bonuses can add up to several thousand dollars, though smaller organizations try to keep that reasonable (Wei and Yazdanifard 2014). Companies do well in keeping spot bonuses as an element of surprise. It helps them motivating the employees as employers keep them guessing and offer these bonuses in irregular manner (Ockenfels, Sliwka and Werner 2014). Lastly, this paper dealt with signing bonuses. This type of bonus would motivate more effort from the new recruits along with generating of more positive feelings inclined towards their new owners (Deepa, Palaniswamy, and Kuppusamy 2014). These types of bonuses are very common within the IT employees where employers require attracting individuals having gifted skills (Brandts and Belda 2016). Through this signing bonus employers can also motivate a desirable candidate in moving in from another state. Recommendations: It is desirable and much passionate from the part of the company in creating a perfect bonus scheme for everybody working for them. There are certain factors that need to be kept in mind while coming up with effective bonus plans. Hiring: The management needs to generate multiple levels for the employees for striving for higher levels. Simple: The management should focus on making the bonus plan a simple one so that employees get to understand what actually they need to do. Objective: The main objective of the bonus scheme would be making the bonus based on the results that are computable and not on some subjective estimation. This restricts any sort of biasness as employee performance would be the last thing that would state who would be getting bonus and who not. Timely: The frequency needs to be varied as per the extent of job. Each level of employee should be entitled to bonus depending on the way management wants to pay them. Reference: Brandts, J. and Belda, C.S., 2016. Experiments on Organizations. InExperimental Economics(pp. 136-148). Palgrave Macmillan UK. Deepa, E., Palaniswamy, R. and Kuppusamy, S., 2014. Effect of performance appraisal system in organizational commitment, job satisfaction and productivity.Journal of Contemporary Management Research,8(1), p.72. Justis, R.T., Chan, P.S. and Werbel, J.D., 2015. Reward Strategies for Franchising Organizations.Journal of Small Business Strategy,2(2), pp.16-23. Kee, L.B., bin Ahmad, R. and Abdullah, S.M., 2016. Relationship between financial compensation and organizational commitment among Malaysian bank workers.Asian Business Research,1(1), p.75. Luciano Jr, R.A., DiMichele, C. and Morrow, J.W., Bally Gaming, Inc., 2015.User interface system and system-controlled bonus system. U.S. Patent 9,022,866. Mattson, M., Torbirn, I. and Hellgren, J., 2014. Effects of staff bonus systems on safety behaviors.Human Resource Management Review,24(1), pp.17-30. Ockenfels, A., Sliwka, D. and Werner, P., 2014. Bonus payments and reference point violations.Management Science,61(7), pp.1496-1513. Wei, L.T. and Yazdanifard, R., 2014. The impact of Positive Reinforcement on Employees' Performance in Organizations.American Journal of Industrial and Business Management,4(1), p.9. Yang, M.M., Young, S., Li, S.J. and Huang, Y.Y., 2017. Using System Dynamics to Investigate How Belief Systems Influence the Process of Organizational Change.Systems Research and Behavioral Science,34(1), pp.94-108.