Natural Disaster Hazard Assessment

Hazard Assessment for Memphis, Tennessee Environmental Geology Hazard Assessment for Memphis, Tennessee A natural disaster is defined as any event or force of nature that has catastrophic consequences (â€Å"natural disaster†). The only reason that these events are considered to have catastrophic consequences is because people are negatively affected by these natural events. If people were not present during these events, they would not be considered catastrophic. The more people affected means the event would be considered more catastrophic. Tennessee is the 17th most populated state, with approximately 6. million residents (Infoplease. com). Within the state, Shelby county covers the most area, (755 square miles), and is also the most populated county, with approximately 927,644 people residing there (Infoplease. com). Shelby county includes the city of Memphis. Memphis is the most populated city within Tennessee with at least 645,000 residents (Infoplease. com). I have atta ched several maps in order to see different parts of the land. Map I shows where the county lines are located within Tennessee. You can also see where Memphis is located within the county. Map II shows the elevation levels of the state.As you can see in that map, Memphis is located within the lowest elevation levels of the state. Map III shows the rivers that run throughout the state. The main river that runs between the Tennessee, Arkansas, and Missouri borders is the Mississippi River. There are several natural disasters that I would consider to be threats to the Memphis area. One natural disaster that I would consider to be a concern to Memphis would be an earthquake. According to the United States Geological Survey, (USGS), there is an approximately six percent chance that there will be a major earthquake within 50 kilometers ofMemphis in the next 50 years (Homefacts. com). The last earthquakes that had magnitudes of five were in 1976 and 1991 (Homefacts. com). The earthquake re corded in 1976 was approximately 40 miles away from Memphis. Looking at the sources found, I see that Tennessee has had its fair share of earthquakes, so I would say that another earthquake occurring in the area should be a concern of the citizens and government officials. â€Å"There is a broad agreement in the scientific community that a continuing concern exists for a major destructive earthquake in the New Madrid seismic zone. Many structures in Memphis, Tenn. and other communities in the central Mississippi River Valley region are vulnerable and at risk for severe ground shaking. † (USGS. gov). The New Madrid Earthquake of 1812 was one of the most significant events in U. S. history. Topographic changes were noted over an area of 75,000 to 130,000 square kilometers, with the total area shaken being at least five million square kilometers (USGS. gov). Back then, the damage was minimal because of sparse population. Nowadays, an earthquake that severe could result in  "great loss of life and property damage in the billions of dollars† (Cusec. rg). The fact that Memphis is the most populated city in the state, a small earthquake could cause a significant amount of damage. â€Å"By learning about the potential earthquake hazards in your area and by taking certain preparedness measures now, you can increase your chances of surviving an earthquake and minimize its dangerous and damaging impacts† (Cusec. org). There are many organizations that Memphis has in order to help citizens learn how to prepare for these catastrophic events, and what to do in order to survive.One organization is the Radio Amateur Civil Emergency Service (R. A. C. E. S. ), which is a volunteer communications group that assists the Shelby county area. R. A. C. E. S. provides emergency personnel that can help with communications during local, regional, or national emergency/disaster events (Cityofmemphis. org). Another organization that provides help during emergency situations is the Memphis/Shelby County Emergency Management Agency (EMA). The EMA helps local, state, and federal agencies with response to disasters that requires a multi-agency/multi-jurisdictional response.The EMA has satellite links with the National Weather Service that activates sirens in order to warn the residents of multiple cities, including Memphis (Cityofmemphis. org). There are also things that the citizens and homeowners could do in order to minimize the damage during earthquake. Earthquake drills are a great way to help enforce the importance of preparedness, and to prevent panic and injury during an earthquake. Families should have emergency plans that lay out where everyone is going to be and where to reunite with one another. Keep a flashlight and a batterypowered radio in the home.Place large or heavy objects on lower shelves, and fasten the shelves to walls. And lastly, have a seven to ten day supply of food and water (Cusec. org). You can never be too prepared for any natural disaster, so being safe is better than being sorry. Not all natural disasters are threats to Memphis. Volcanoes are an example of a natural disaster that is not a threat to the Memphis area. There are no known volcanoes in the area that would cause any kind of harm to the residents of Memphis. Historically, there have not been any known volcanoes in the area either.Memphis is not located on any fault boundaries, so I would think that there would no volcanoes forming in the area any time in the near future. Hurricanes are a little more of a concern for Memphis. The western area of the state has the possibility of being affected by the end of certain storms. Hurricane Katrina is an example of this situation in which Memphis can be affected by storms not necessarily in the direct area. When Hurricane Katrina hit the U. S. in 2005, multiple counties in Tennessee were evacuated; Shelby County was one of those counties (Fema. gov).I would consider Memphis to be slightly co ncern about hurricanes occurring in the area, especially since the city is located at a low elevation. The lower elevation would be more susceptible to flooding. The government should have adequate warning of the hurricane, since it would most likely be coming from the Gulf of Mexico. I would also expect that the citizens would be prepared for hurricanes, since they are used to flooding situations. Tornadoes, I feel, are more of a concern than hurricanes. There are many more tornadoes in the middle of the state then there are on the outskirts.Tornadoes are more likely to strike open plains rather than in an urban area, like Memphis. â€Å"The reality is, very few tornadoes ever touch down in the city of Memphis†¦.. Nevertheless, tornadoes can and have struck within the city† (About. com). There have been numerous tornadoes that have affected Shelby county, but not nearly as many as the middle of the state. The last one that affected Shelby County, and had a high death co unt was in 1987, with at least 120 deaths (NWS Memphis Forecast Area Tornado Database). There have since been tornadoes that have caused deaths, hich is not surprising considering the amount of people that live in the city. With all the tornadoes that have gone through the county, there has always been a significant amount of damage. That also is understandable since there are a lot of buildings in the city. There have also been plenty of tornado warnings for the state, but not all of them affecting Shelby County. The last tornado warning that included Shelby County was on May 9, 2011. In order to be prepared for a tornado, there are several things we could do. First of all, avoid windows and seek shelter in the center-most room on the lowest floor possible.Use your hands and arms to protect yourself from falling debris. Also, keep some sort of identification on you at all times in case you are hurt or disoriented (About. com). Keeping identification on you is a good idea for every natural disaster. It will help emergency personnel identify who you are and hopefully get you back with your family. Tsunamis are another type of natural disaster that is not a concern for Memphis. There have been no known tsunamis recorded for Memphis. I do not think that there will be any future tsunamis in Memphis because there is no ocean or large body of water located near Memphis.The Mississippi River is near Memphis, but the river does not create waves that would be large enough to create a seismic wave. Even though tsunamis are not a threat to the city, flooding is a huge concern for the city. The Mississippi River is right near the city, so that would be a reason as to why the area floods frequently. The city is also at a low elevation, which is another reason as to why the area floods frequently. There is currently an active flood warning in effective right now (Fema. gov). Last year, there was flood that occurred in the beginning of May.The Mississippi River was supposed to rise to a record level of 48 feet, with 48. 7 being the record crest in 1937. More than 1,300 homes were ordered to evacuate and nearly 400 people were living in shelters. According to an article on abcnews. com, the most extensive damage occurred in Memphis, where â€Å"entire neighborhoods have been swallowed by the water and vehicles completely submerged† (Tanglao, â€Å"Memphis Flooding†). Since this obviously happens frequently, the citizens and government have ideas of what the levees can hold, and what the river’s maximum water level is.To prepare for flooding situations, there are certain things the government should tell their residents in order to make sure they are safe. They must send out warnings letting people know when and if the water level is high enough to go over the lands limits. In Memphis, the government should be able to accurately know when and if the Mississippi River has reached its maximum, and if people should evacuate their homes. As a resident, you should also be aware of what is going on in your community and know about the town’s emergency plans.You should also have sump pumps with back-up power in order to prevent contamination of the flooded water. Turn off all utilities at the main power switch in order to prevent electrocution. Fill bathtubs, sinks, and soda bottles with clean water, so you have water to drink that is not contaminated. You should also have water bottles and a food supply that will last a couple of days (Bt. cdc. gov). On the opposite end of the spectrum, wildfires are another example of a non-threat to Memphis. There are no forests in Memphis because it is a highly urban area with lots of people and buildings.The last wildfire reported in Memphis was in 1952, when there was a serious drought (Tnema. org). Even though there was that wildfire many years ago, I do not think that there is a serious threat to Memphis for another wildfire. Lastly, I also think that there is not a thr eat for extreme winter conditions to occur in Memphis. The last warning for some sort of winter conditions for Shelby County was in February 1992 (Fema. gov). Even though that was not too long ago, I still feel like there is not a huge concern for extreme winter conditions to occur any time soon again.Since Memphis is further south, they do not really get harsh winters like we do here in Pennsylvania. Memphis Tennessee has its fair share of natural disasters. They have to be concerned about earthquakes, floods, and tornadoes the most, while extreme winter conditions, volcanoes, and tsunamis the least concerned about. Every place on the Earth has to be concerned with natural disasters. Humans make the disasters a lot worse than they actually are, but there is nobody else to blame but ourselves. We get in the way of nature, and have to pay the consequences some way or another. Map IMap II Map III Works Cited Centers for Disease Control and Prevention. Natural Disasters & Severe Weathe r. Web. 12 April 2012. Central United States Earthquake Consortium. Earthquake Safety. Web. 12 April 2012. City of Memphis. Emergency Management Agency. 2003-2011. Web. 12 April 2012. Federal Emergency Management Agency. Tennessee Disaster History. 26 March 2012. Web. 12 April 2012. â€Å"Memphis Earthquake Information. † Homefacts. com. 2012. Web. 12 April 2012. â€Å"Natural Disaster. † Dictionary. com. Web. NWS Memphis Forecast Area Tornado Database. Web. 12 April 2012. Tanglao, Leezel. Memphis Flooding: Mississippi River Nears Record Highs. † AbcNews. com. 9 May 2011. Web. 12 April 2012. â€Å"Tennessee. † Information Please Database. Pearson Education, 2011. Web. 12 April 2012. Tennessee Emergency Management Agency. Wildfire. Web. 12 April 2012. â€Å"Tornadoes in Memphis: What to expect and how to stay safe. † About. com. The New York Times Company, 4 April 2011. Web. 12 April 2012. United States Geological Survey. Earthquake Hazard in the New Madrid Seismic Zone Remains a Concern. 3 August 2009. Web. 12 April 2012. United States Geological Survey. Tennessee: Earthquake History. 21 October 2009. Web. 12 April 2012.

Principles of diversity, equality and inclusion in adult social care settings Essay

Diversity – The concept of diversity is to encompass acceptance and respect. It means that each individual is unique and recognizing our individual’s differences, these can be along the dimensions of race, ethnicity, gender, social- economic status, age, physical abilities or religious beliefs. An example of diversity is to accept someone’s views even if you don’t agree Equality – Equality basically means access or provision of equal opportunities, where individuals are protected from being discriminated against. Equality can occur in race, sex, health, religion, family structure, age, disability or in terms of believes. An example of equality is not treating anyone different just because they have money or don’t and that everyone has the same changes if that be being prime minster or access to the same drugs or medications. Inclusion – the term inclusion is seen as a universal human right and aims at embracing all people irrespective of race, gender, disability, medical or other needs it is about giving equal access and opportunities and getting rid of discrimination and intolerance. Discrimination – discrimination is the equal treatment of individual. Usually on the basis of gender, race, age or disability. It is a negative action towards members of a specific social group. Read more: Principles of diversity equality and inclusion  essay The potential effects of discrimination can be different for different people. The effects can be physical, emotional or a combination of both. For example children with disabilities may not be given a chance to join in with activities due to others thinking that their disability prevents them from being able to do so. This will make the child feel very different from others. I have listed other possible effects below: * Feeling isolated * Low self-esteem * Depression * Fear of rejection * Stress * Low self-worth * Feeling withdrawn from society * Humiliation * Weight loss/ gain * Fear * Anger Long term effects may be: * Loss of motivation * Restricted opportunities * Limited access to services * Long term depression * Increased behaviour problems * Difficulty communicating * Lack of education * Lack of achievement The effects listed above are not only ones that affect the individual child/young person; they are effects that can be experienced by the individual’s family and friends too. The individual’s family can become isolated from society through trying to protect their family member and will often experience verbal abuse for having a family member that is perceived to be different. Family members can sometimes feel embarrassed about the shame the victimised individual brings to them and may distance themselves from the individual. Those who discriminate others often do so because they have been discriminated against themselves, are unhappy or because they have watched people close to them discriminate against others and are copying and responding to their actions. People that discriminate against others sometimes end up being isolated as many members of society disagree with it and make a stand against those who victimise others. If enough people challenge those who discriminate they may reconsider their views and actions. It can cause a split in society between those who go along with it and those who see it as an injustice. There will also be those (often the majority) who might not agree with it but don’t want to get involved – until it actually starts to affect their own lives. Practicing active participation – Active participation allows individual to realise their value and reduce isolation. Such a way an individual can gain self esteem which helps to reduce any form of abuse and discrimination. Quick and effective complaint procedure – Quick and serious effective complaint procedure helps to let individual to know that how seriously the act has taken and the consequences of discrimination. And it restrains people to engage in such act knowing the consequences of these acts. Meeting and discussion – It helps to increase awareness and carefulness to discriminatory acts. Also discussing and exercising this issue in day to day tasks help individual to challenge discrimination. Direct confrontation – this method can encourage the abuser to see and understand what they have done wrong this is more likely to promote change in their behaviour then leaving them unchallenged it would also send a message to others that discrimination is not accepted TASK B Legislation and codes of practice relating to diversity, equality, inclusion and discrimination Anti-discrimination Act 1977 The Anti-Discrimination Act 1977 is an Act of the Parliament relating to discrimination in employment, the public education system, delivery of goods and services, and other services such as banking, health care, and property and night clubs. The Act renders unlawful racial, sexual and other types of discrimination in certain circumstances and promotes equality of opportunity for all people. The Act covers the following types of discrimination: †¢ Sex (including breastfeeding, pregnancy and sexual harassment) †¢ Disability †¢ Race (including ethno-religion) †¢ Homosexuality (actual or perceived) †¢ Marital or domestic status †¢ Age (present or future) †¢ Transgender (including trans sexuality) †¢ Carer’s responsibilities (but only within employment). Racial discrimination act 1975 The Race Relations Act 1976 was established by the Parliament of the United Kingdom to prevent discrimination on the grounds of race. Items that are covered include discrimination on the grounds of race, colour, and nationality, ethnic and national origin in the fields of employment, the provision of goods and services, education and public functions. The Act also established the Commission for Racial Equality with a view to review the legislation, which was put in place to make sure the Act rules, were followed. The Act incorporates the earlier Race Relations Act 1965 and Race Relations Act 1968 and was later amended by the Race Relations (Amendment) Act 2000, notably including a statutory duty on public bodies to promote race equality, and to demonstrate that procedures to prevent race discrimination are effective. The Act was repealed by the Equality Act 2010, which supersedes and consolidates previous discrimination law in the UK The Equality Act 2010 The primary purpose of the Act is to codify the complicated and numerous array of Acts and Regulations, which formed the basis of anti-discrimination law in Great Britain. This was, primarily, the Equal Pay Act 1970, the Sex Discrimination Act 1975, the Race Relations Act 1976, the Disability Discrimination Act 1995 and three major statutory instruments protecting discrimination in employment on grounds of religion or belief, sexual orientation and age. This legislation has the same goals as the four major EU Equal Treatment Directives, whose provisions it mirrors and implements.[2] It requires equal treatment in access to employment as well as private and public services, regardless of the protected characteristics of age, disability, gender reassignment, marriage and civil partnership, race, religion or belief, sex, and sexual orientation. In the case of gender, there are special protections for pregnant women. However, the Act allows transsexual people to be barred from gender-specific services if that is â€Å"a proportionate means of achieving a legitimate aim†. [3] In the case of disability, employers and service providers are under a duty to make reasonable adjustments to their workplaces to overcome barriers experienced  by disabled people. In this regard, the Equality Act 2010 did not change the law. Under s.217, with limited exceptions the Act does not apply to Northern Ireland. The Mental Health act 1983 and 2007 amendments The 1983 Act is largely concerned with the circumstances in which a person with a mental illness can be provided with treatment without his or her consent. This is to ensure that people with serious mental illnesses can be treated where it is necessary to prevent them from harming themselves or others. Most people who receive psychiatric treatment in hospital are there on a voluntary basis and have the same rights as people receiving treatment for physical illnesses. However, a small number of people may need to be compulsorily detained under a section of the Mental Health Act. The Act explains who is involved in the decision about compulsory admission, the processes to be followed and the appeals and safeguards that are available to the patient and to their nearest relative. An application for compulsory admission must be supported in writing by two authorised practitioners. The recommendations must include a statement about why assessment or treatment is necessary and why other opt ions are not appropriate. People detained under the Act may have a right to apply to a Mental Health Review Tribunal to challenge their detention. Legal advocates are available to represent people at MHRTs and can be contacted at Sheffield Mental Health CAB From November 2008 new amendments to the 1983 Act were introduced. The following are the main changes to the Act: †¢ Introduces of the new role of Approved Mental Health Professional (AMHP) which replaces the Approved Social Worker (ASW). As well as social workers other professionals such as nurses, psychologists and occupational therapists can now be involved in compulsory admissions. †¢ Introduces of the Approved Clinician (AC) replacing the Responsible Medical Officer (RMO). T he RMO had to be a doctor, but the AC can now include other professions. †¢ Introduces a new ‘appropriate medical treatment’ test meaning that for a patient to be compulsorily detained there has to be appropriate medical treatment available to the patient. †¢ Gives patients the right to make an application to displace their nearest relative and appoint an alternative. †¢ Introduces Supervised Community Treatment (also known as Community Treatment Orders) for some patients following a period of detention in hospital. It will allow some patients to live in the  community whilst they continue with compulsory medical treatment. †¢ Introduces additional safeguards for patients by way of ‘Independent Mental Health Advocates’ who must be available for all patients who are detained. These are in addition to having a legal representative at a Mental Health Review Tribunal. It also reduces the time before a case can come before a Mental Health Review Tribunal. †¢ Introduces new safeguards for patients with regards to electro convulsive therapy (ECT). Carers (Equal Opportunities) Act 2004 The Carers (Equal Opportunities) Act 2004 (c 15) is an Act of the Parliament of the United Kingdom aimed at helping carers achieve fair access to training, work and leisure opportunities. It was introduced as a Private Member’s Bill by Dr. Hywel Francis and sponsored in the House of Lords by Lord Ashley of Stoke. 5.2 million People in England and Wales identified themselves in the 2001 Census as providing unpaid care to support family members, friends, neighbors or others because of long-term physical or mental ill-health, disability or old age. That represented nearly 10 per cent of the population and of those, 21 per cent (1.09 million) provided care for 50 or more hours per week. The Act requires assessments to be offered to carers, to consider the needs of carers in relation to leisure, education, training and work. Not all carers will wish to pursue all of these opportunities but practitioners completing assessments with the care should be able to signpost carers to other relevant agencies. Human Rights Act 1998 The Human Rights Act 1998 (c 42) is an Act of Parliament of the United Kingdom which received Royal Assent on 9 November 1998, and mostly came into force on 2 October 2000.[1] Its aim is to â€Å"give further effect† in UK law to the rights contained in the Convention for the Protection of Human Rights and Fundamental Freedoms, but more commonly known as the European Convention on Human Rights. The Act makes available in UK courts a remedy for breach of a Convention right, without the need to go to the European Court of Human Rights in Strasbourg. In particular, the Act makes it unlawful for any public body to act in a way which is incompatible with the Convention, unless the wording of any other primary legislation provides no other  choice. It also requires the judiciary (including tribunals) to take account of any decisions, judgment or opinion of the European Court of Human Rights, known as the Strasbourg court, and to interpret legislation, as far as possible, in a way which is compatible with Convention rights. However, if it is not possible to interpret an Act of Parliament so as to make it compatible with the Convention, the judges are not allowed to override it. All they can do is issue a declaration of incompatibility. This declaration does not affect the validity of the Act of Parliament: in that way, the Human Rights Act seeks to maintain the principle of Parliamentary sovereignty (see: Constitution of the United Kingdom). However, judges may strike down secondary legislation, so long as the legislation does not derive its power from primary legislation. Disability Discrimination Act 1995 The Disability Discrimination Act 1995 (c 50) (informally, and hereafter, the DDA) is an Act of the Parliament of the United Kingdom which has now been repealed and replaced by the Equality Act 2010 ([1]), except in Northern Ireland where the Act still applies. Formerly, it made it unlawful to discriminate against people in respect of their disabilities in relation to employment, the provision of goods and services, education and transport. The DDA is a civil rights law. Other countries use constitutional, social rights or criminal law to make similar provisions. The Equality and Human Rights Commission combats discrimination. Equivalent legislation exists in Northern Ireland, which is enforced by the Northern Ireland Equality Commission. It is still permissible for employers to have reasonable medical criteria for employment, and to expect adequate performance from all employees once any reasonable adjustments have been made. Explanation of the possible consequences for individuals, social care workers if the legislation and codes are not followed. An explanation of the possible consequences for individuals, care workers and others if the legislation and codes of practice are not followed. If this codes of practice and legislations where not to be followed the consequences can be diverse. They can affect just one individual or can affect an entire team of social care workers. By not following the codes of practice and the legislation you could cause a service user to feel discriminated against which would have negative effects such as making them feel isolated or un-heard and could  lead to more problems that would affect the people around them as well as the individual . By not using inclusive practice you may find that the S.U might be put in a situation in which they are not happy which could make them act out in a way that could affect their future and how other team members interact with them? For example by failing to us an inclusive practice with an service user by taking them to a public park, without first consulting or discussing this with the service user they could miss out on important information. How inclusive practice can promote equality and diversity. A successful and reliable health care sector requires the promotion of diversity and equality throughout its setup. The fundamental need for this is the ability of the health care workers to promote an unwavering sense of fairness and indiscrimination for all persons involved; patients, employees, and colleagues. Inclusion refers to providing the opportunity to everyone to avail all available resources, services and facilities. Acceptance is one of the vital traits of any person who is working in the health care sector. Workers who realize the need for understanding, comprehending and respecting the needs of all patients, regardless of their diverse nature and background will be the most effective ones. Valuing the beliefs of others and keeping a wide ranging and accepting perception will aid considerably in the promotion of impartiality and equality. A community which is based on the fair rights of humanity realizes that consciousness, self-esteem, culture and physical and mental health are interrelated. In order to provide a balance in society the health care sector must be free of all prejudice and discriminatory practices. The most important factor in developing inclusive practices is to provide the necessary training to all health care and support workers. A good care worker will be ingrained with the value of accepting, accommodating and respecting the diversity of all patients /clients, therefor providing an enriched level of care. How to support others to promote diversity, equality and inclusion. You can support others to promote diversity, equality and inclusion by ensure they can life a fulfilling and healthy lifestyle, ensure they have skill development opportunities see they can have meaning full relationships with Friends and family encourage meaningful activities in their life enable them to access appropriate services ensure they can take an active part in their local community are involved in decision making (service user involvement and in their local area) have access to appropriate care and support all of the above regardless of age, sex, race, religion, sexuality and disability. Each support agency usually follows a particular model to summarize this in 5 point – but there is no way of telling what model is used. Try calling them and asking. All models pretty much cover what I have said. All support agencies base this on Maslow’s hierarchy of needs too – definitely look this up. I personally don’t think it is all that – it is very capitalist, fine for someone who can work, and ignores those who make sacrifices for spiritual enlightenment (actualization) such as monks. I once saw a manager freak a depressive out by trying to teach him about it. It made him feel he had a mountain to climb before feeling better – not good. Some examples of how you could raise awareness of diversity, equality and inclusion are Through Training and Discussion: Training and discussions are essential to raise awareness of diversity, equality and inclusion in any work settings. Discussion in meetings or group discussion among staffs play a vital role to raise awareness of equality, diversity and inclusion. The more they will engage in discussion or obtain trainings about this issue the more they will learn and be aware of and also they will be able and put them in their every day’s practice. Through providing leaflet, information and policies and procedures: Providing leaflets and sufficient information regarding diversity and equality can raise awareness to a social care worker by acquiring adequate knowledge about it. It also helps them to know about the consequences if agreed ways of working are not followed which restrain them from doing any form of  discrimination relating this issue. Task C My personal preferences, attitudes, heritage, and beliefs might impact on my working practice because I have to honor service users believes and other religion or non-religion. It is most important to remember that my own preferences are different to others and that I can never expect others to think, act or feel the same as I do about something for example I like to bath at night and have a shower in the morning but some of the service users have a fear of water and they really hate the idea of being showered, washed or baths even once a week. I have to respect their decision but at the same time I need to encourage them to maintain a health and clean state of mind and body, in cases like this I will spend more time encouraging the service user that they will feel better and not try and tell them how I feel when I am clean and fresh. It is important to understand that your attitude might have an impact on your working practice because your attitude can be broken down into a few things such as your mood, tone of your voice and your body language. So if one day you go into work in a bad mood and have an angry tone to your voice and your body language to match arms crossed etc. then the service user could feel intimidated, scared and uncooperative and less likely to do something that you ask them to do. Whereas if you go to work in a good and have a smile on your face and a cheery tone to your voice then the service user is more likely to be more cooperative and happier also it could put them in a better mood. Your heritage as a person could also have an impact on your working practice because if you have had a good caring up bringing or your parents have worked in the care industry then you would be more likely to understand what is required and a better understanding of the care sector. To ensure that your own practice is inclusive and respects the beliefs, culture, values and preferences of an individuals by knocking on the service users door asking them what they want to wear or what they wish to eat and if they go to church getting them ready even though I am not religious and you/I should also have a little understanding of a service users culture as it could make them feel more welcome and understand the service user better improving the quality of the  care that you give to that person. Mary is a 80 year old lady and before entering her room I would knock on the door and making sure that my mood, language, tone of voice, body language and approach are good and appropriate, Mary also likes to sit in her room watching TV however I like to encourage Mary to join in activates and events in the lounge so she interacts with others, Mary likes to chat and has questions so I like to chat and has questions so I like to take time to pay her attention and answer any questions she may have so that she feels listened too by listening to Mary’s ideas and concerns and taking onboard what she has said with also help make Mary more confident and by using some of Mary’s ideas may also help Mary feel more valued, by doing this will make Mary feel accepted and welcome. Types of practice that excludes an individual and that is also discriminatory is if you were to leave a service user in bed and not get them up washed and dressed or not allowing them to join in on act ivies another example is if you did not give a service user the pills that they needed therefor leaving the service un comfortable and maybe in pain also leaving them in their room with the TV on but the volume so low that the service user can’t hear the TV or if a service user is in a wheel chair and if they can’t get access to certain rooms or parts of the house, another example is if a service user is deaf and there is a meeting and they can’t join in or get their views across.

Evaluate a Significant Experience, Achievement, Risk You Have Taken, or Ethical Dilemma You Have Faced and Its Impact on You.

â€Å"Time is money†, a truth touted by all. Parents remind their kids of it, teachers preach to their students about it, society reinforces it with wages being paid by the hour; everything we do, every purpose we have, every goal we strive for, every moments we live by, it is what all for. So simply, that we are told thousands of times. But do we believe it live we believe the existence of life itself? Can we see it as we see everything crystal clear around ourselves?It was not too long ago that I went to an optometrist to have my eyes examined. I set aside the entire day, believing that I would leave the exam with dilated pupils and that like last time, I'd not be seeing properly for a solid three hours, three hours that I would never have returned to me. However, unbeknownst to me, in the time between my previous eye exams, a new machine had been developed. This machine called the Optomap Panoramic Retinal Imaging System, and on that day, it stood in the corner of a room an d hummed sonorously.Casting it aside as a non-contact tonometer, I sat down and instinctively braced myself for air puffing, bright lights and minor discomfort or in other words, an eye exam. Passing through the tests in mere minutes, the dreaded moment of pupil dilation was to rear its unwanted head in. However, much to my surprise, I was directed to the corner where the previously sonorous hum now bordered ominous. The doctor proceeded to ask if I would like to use the humming Optomap in lieu of pupil dilation.I asked apprehensively if this would be a simpler procedure and was given an enthusiastic nod in return. Against my better judgment, I allowed for the optometrist to take images of the retina through the Optomap. Amazingly, it was mere seconds per eye and my exam was finished. This machine which at first appeared almost ominous had saved me three hours of my time. I had been by some miracle, reunited with the three hours that I thought I would never be seeing. The feeling I had afterwards was nothing short of euphoria.On top of this feeling of elatedness because time is equivalent to money, by the application of the substitution property of equality it can also be said that this machine, the Optomap, saved me money as well. It was from that moment, I felt that every person and ever time consuming medical procedure could benefit from the effects of advanced technology made available by bridging the gap between the various principles of engineering to the world of medicine. It is this experience, a simple visit to the optometrist for an eye exam that I consider one of the most significant of my life.

What does the Ionian revolt tell us of the nature of Persian imperial Essay

What does the Ionian revolt tell us of the nature of Persian imperial rule - Essay Example At first sight, Ionian revolt was caused by the reasons, which can’t be called occasional. Ionian cities were first of all trade centers. The capture of Hellespont and Bosporus by Persians was fatal for the trade and the competition from the side of Phoenician merchants was becoming more and more threatening. Besides the economic damage, Ionian cities suffered from political pressure: in all the cities, ruled by Persians there were tyrants appointed. The failure of The Scythian Campaign of Darius disrupted the prestigious of his army. At last, the fewness of Persian troops located in the western part of Asia Minor made Greeks confident of the fast victory. The history of V century BC deserves special attention. It was an excellent example of how the mistakes in the organization can spoil the results. By the end of VI century Persia was the most important player on the arena of the Middle East. This country gained much power and influence during the government of Achaemenid dyn asty. It conquered such powerful east-Mediterranean states as Midia, Lidia, Babylonia and Egypt. After the last Lidia’s ruler Kreza was defeated, Persians had conquered the Greek colonies that were located at the west coast of Asia Minor. Now it is the territory of the modern Turkey. Most of the colonies had been established by Ionians. Till this time people who lived there considered themselves to be Greek and were engaged in trade. They had to pay contribution to Lidia who controlled their land. In return Lidia provided Greek with autonomy and right to act without obstacles. Ionians has good relations with their strong neighbor. They were dependent, but had peaceful and satisfied life. However, everything changed when the Persian Empire took control over the lands. The situation changed for Greeks completely. They appeared under control of a very strong and strict conqueror, who dictated his own, unbeneficial rules. Thus, it seems rather understandable that Greeks refused t o keep their previous status under new rule and this resulted in rebellion in the 499 BC that played a very important role in Greek history. It is not very easy to judge what happened in reality and what the main reasons for such rebellion were, because the only source of information is work of Herodotus â€Å"The History†. He was known as the father of history and at the same time as the father of stories, some of which are considered to be the product of his own imagination. So, the credibility of information found inhis work is pretty disputable. Herodotus was Greek, he was born in Halicarnassus. He was exiled from his native town and had to leave for Athens. There he worked on the description of the conflict between Greeks and Persians. Historian annals were not created during that period of time, thus Herodotus is deservingly considered to be the pioneer in this field and genre. The trouble is that in the most cases he did not care much about the credibility of facts and preferred to present his own opinion than the real facts. Moreover, he depicted history from the position of Greeks and also had prejudices towards Ionians. So his depiction of Ionian rebellion should be considered from a critical point of view. The rebellion failed. And in this case the actions of Herodotus were predictable. He tried to find a scapegoat. He did not reveal the real reasons of defeat and the easiest way that he found was to accuse Aristagoras, the leader of Miletus, in failure. So it is very difficult to

THE COST DIFFERENCE BETWEEN MENS AND WOMENS PRISONS IN THE UNITED Essay

THE COST DIFFERENCE BETWEEN MENS AND WOMENS PRISONS IN THE UNITED STATES - Essay Example People who are convicted of federal or state laws violation are held by the Federal Bureau of Prisons, serving more then one year sentences. All the States have their own prison systems and they hold persons under the State laws’ violation. Furthermore, there are a myriad of local jail systems which hold less then one year sentence convicts, those waiting to be sentenced or tied as well as those waiting to be transferred (Stephan James, 2004). From the above evidence statistics indicative of massive arrests and incarcerations, one cannot fail to imagine the burden of costs involved, not only in maintenance of the prisoners in jails but also on the free tax payers who have regularly been inflicted to increased taxes in many fields to provide the government with the staggering funding it requires for this task. The inmates must be provided with food, health care, housing, protection, probation, psychological counseling, and many other social economic amenities (Donna Willmott & Juliana van Olphen, 2005, pp. 42). However, as we delve in this endeavor of understanding the various prison costs of inmates, it is necessary to understand that there are differences between how these costs impacts on women and men in prison. Before making an in depth consideration of these differentiations, it is necessary to have a look at the trends of incarcerations in the united states from 1990 to date. The above statistics illustrated in figure 2 above indicates that women prisoners’ numbers are proportionately increasing at a faster rate than those of men prisoners. From 2000 to 2005, the populations of women prisoners in State and Federal systems increased by 2.9% while the population of male prisoners in the same systems increased by 1.8%. A total of $38.2 billion was spent by corrective authorities in the 2001 fiscal year for Nation’s State correction facilities, of which $29.5

Market Segmentation Essay Example | Topics and Well Written Essays - 500 words

Market Segmentation - Essay Example Apart from brushes, kid’s toothpaste is also available. Along with children, Oral-B offers various brushes and dental floss to adults. Mouth rinses are also available. Psychographic: The products of Oral-B can also be divided on the basis of psychographic market segment. People can choose Oral-B toothbrushes according to their individual taste, as variety of brushes with variable prices are in offer. They can also choose brushes according to their color fascination. If someone likes mouthwash or wants complete cleaning care, it is also available in Oral-B, in the form of floss and mouthwash. Apart from manual toothbrushes, power products are also available that comes with rotating oscillation that is effective inn reducing gingivitis and oral plaque. But, they are a bit expensive than manual brushes. Benefit: Oral-B uses benefit segmentation as it offers a variety of toothbrushes. One type of Oral-B toothbrush has nylon bristles that offer extra cleaning power, while some other brushes offer soft bristles for gentle care. Toothbrushes designed for children are easy to hold and they also have cartoon characters in the handles. It also offers angled handle toothbrush to easily clean the areas that is hard to clean. Oral-B also offers interdental and floss for complete oral care, as it is effective in removing plaque. Floss is also effective in fighting gum diseases. Power toothbrushes with rotating and oscillating bristles make cleaning really easy. Toothpastes and mouth rinses are also available in Oral-B. Demographic: Beauty products of Urban Care cater to women with variant tastes and lifestyle. Though the products are meant only for women, there are products for daily use as well as for special occasions. Psychographic: Products of Urban Decay can be categorized on the basis of interests and occupation. Women can use the cosmetics from this company while going to office and can also use other cosmetics while

Critical assignment Essay Example | Topics and Well Written Essays - 1000 words

Critical assignment - Essay Example (Position Statement, 2004). In one California study, it was revealed that more than 32 percent of all schoolchildren are overweight and 7.4 percent are unfit (O’Connell, 2008). This indicates that schoolchildren everywhere are struggling with issues of weight, not just your child. There is also a greater likelihood that obese people, what most would recognize as significantly overweight, will develop Type 2 diabetes if they don’t have it already. They have more body fat than is considered healthy for a person of their particular height. Generally speaking, a person who is 40 to 100 pounds over their recommended weight is considered obese while those who tip the scale at 100 pounds or more over their desired weight are categorized as morbidly obese. The condition dramatically lowers life expectancy and is directly linked to the deaths of at least 300,000 in the U.S. every year (Dorfman, 2007). Up to 90 percent of people with diabetes (type two) are either overweight or obese. Diabetes plays a significant role in the deaths of millions of people worldwide and the number is growing exponentially. According to the International Diabetes Federation (cited in Dorfman, 2007), the number of people diagnosed with diabetes has risen from 30 million people to more than 246 million people in only the past twenty years. This illness is well documented in the United States, revealing that the total annual economic cost of diabetes in 2002 was estimated to be $132 billion, or one out of every 10 health care dollars spent in the United States. This means it can have a significant impact not only on the health and happiness of your child, but also on the family’s finances, particularly as insurance benefits continue to suffer cutbacks. A primary factor in diabetes is the level of insulin present in the body. Insulin is a chemical the body produces naturally to mange the induction of glucose into the system. When the body produces too little amounts of

Sustainability plan Coursework Example | Topics and Well Written Essays - 2250 words

Sustainability plan - Coursework Example Sustainability principles were applied in all areas of activities of the Games that helped to achieve the broader objectives of sustainable legacy plans. The five themes vis-a-vis climate change; waste management; biodiversity; inclusion; and healthy living were major platforms that exploited sustainability principles to bring about major change in the behaviour of the people as well as initiated a new paradigm of sustainability within sports. London 2012 Olympic and Paralympic Games successfully achieved its sustainability objectives as defined within its plans. Introduction Sustainable development practices have become one of the most crucial issues of contemporary times. Scientific advancement, globalization and lifestyle changes have brought mixed blessings in people’s lives. While they have contributed to better living conditions, they have also been linked to degradation of environment that threatens the survival of human species on earth. The adverse effect on the ecolo gy necessitates development of effective mechanism that would address the issue of sustainable practices within our lifestyles. The environment conservation and preservation need to be intrinsically linked to human activities so that finite resources of the nature could be sustained for future generation. ... The paper is an analytical business report on the success of the London 2012 Olympic Games in terms of sustainability. Overview of London Olympics London 2012 Olympic Games were held from 27 July to 12 August 2012 which was followed by Paralympic Games from 29 August to 9 September where 300 events were held. 205 nations took part in Olympic Games and 147 nations in Paralympic Games. 10, 568 athletes participated in the games with women making 44% of the competitors. The games witnessed more than 25,000 artists across the countries, 70, 000 volunteers, nearly 1.5 million people visited free events at festival, 1,450,000 visited gallery and museum and over 600,000 people attended events, performances etc. at the games (IOC-2, 2012). Managing and catering to the needs of gigantic number of people was a major challenge for London Olympic committee, especially when sustainability was critical issue across all activities of the Games. The responsibility for organizing the games was primar ily on LOCOG or London Organising Committee of the Olympic Games and Paralympic Games and ODA or Olympic Delivery Authority. The two organisations were supported by various stakeholders like Minister of Olympics, Mayor of London and British Olympic Association. The main partners were: London Development Authority (LDA), Olympic Park Legacy Company (OPLC), Transport of London, British Paralympic Association; six host boroughs vis-a-vis Barking and Dagenham, Greenwich, Hackney, Newham, Tower Hamlets and Waltham Forests; and sponsors and commercial partners (London 2012 sustainable plan, 2009). LOCOG was meticulous in its strategic planning and earned gold in Environmental and Sustainability category of the 6th International Sports

Intellectuals and Revolutionary Politics Term Paper

Intellectuals and Revolutionary Politics - Term Paper Example Even though telling the half of the story, this description is perhaps among the most comprehensive ones, shedding light on such a contradictory personality and intellectual path. Another part is told by Sorel’s own ideas expressed in his writings which to one degree or another reveal his preoccupation with themes like integration and disintegration, decadence, rebirth, and decline; as well as his deepest sentiments – the aggressive and overwhelming pessimism and his strong desire of deliverance. His notion of pessimism - as a notion of an advance toward deliverance, closely connected to the knowledge gained from experience of the obstacles resisting the satisfaction of human’s imagination and to the deep conviction of human beings’ natural weakness - perhaps most powerfully reveals the breadth and width of his meandering soul (Sorel, G. 192- 226) Sorel regards pain and suffering as instrumental in riveting human beings to life, and scorns those who promis e easy solutions and rapid improvement, assuming that the natural tendency toward dissolution and decay is a universal law (Talmon, J. L. 453-454). Having embraced the theory of Marx by the early 1890s, George Sorel added some flesh to the confused blur of his ideas; the universal sinner and perpetrator of all the sufferings of the poor has been found, personified by the evils of capitalism. From that point on, the integral trade unionism, as a bearer of a new morality, became the new ‘self-sufficient kingdom of God’ (Talmon 456), whose destine is seen by Sorel ‘to enthrone a new civilization on the ruins of the decaying bourgeoisie. From here to hailing Mussolini as ‘a man no less extraordinary than Lenin’ (Talmon 451), Sorel has had a short way to go. Sorel’s roaming between Marx, trade unionism and fascism is easily explained, given his rejection of the very idea of any guidance, supervision or control, either from outside or from above; whi ch is considered to have prepared him to endorse Mussolini’s famous slogan: ‘Every system is an error, every theory is a prison’ (Talmon 467). This slogan appears to fully match Sorel’s ever seeking (though most of the time on mistaken or strange grounds) spirituality. 2. Both Jean-Paul Sartre and Frantz Fanon long for revolution – Sartre to see his country, France, destroyed, Fanon to see former French colonies liberated. Which of the two seems to want to be destroyed along with the establishment he resists? Why the one and not the other? The preface to Fanon’s book, The Wretched of the Earth, written by Jean-Paul Sartre, delivers a shocking message to the reader, as it comes from a thinker whose outlook on the then world realities and his nature (or posture) of a politically engaged intellectual indicate an emphasis on the humanist values and

Execitove Summary for Riordan Manufacturing Essay

Execitove Summary for Riordan Manufacturing - Essay Example uch as Operations, Finance and Legal Counsel, with Vice Presidents of various departments such as Transportation, Sales and Marketing, Human resources, Finance, Product Support and Information Services. Each operating entity of Riordan Manufacturing has its own Finance and Accounting System, however compliance with new Government reporting systems has proved to be a costly, labor intensive process. Another problem faced by the Company is in terms of the F&A systems compatibility among the various entities, so that part of the data generated is relegated into hard copies involving labor intensive, costly work. These are two of the most significant problems the Company faces, for which effective solutions must be developed. Riordan has 15 to 20 major, regular customers for its products, of which the U.S. Government is one, with several additional minor customers. Sales and customer data is available to every member of the Sales and Marketing team and the Company also maintains profit and loss statements of all the items that are sold. Sales initiatives include discounts for key customers, sales promotions, public relations, tradeshows and sponsorships, among others. The Company invests annually in marketing research by conducting research in brand development, opportunity studies and by using customer focus groups. The current projected annual earnings of the Company are $46 million, however the Marketing Department has set a target of $50 million in revenues to be achieved in the next two years. The new Sales Promotional approach focus on two major aspects (a) increased sales to existing customers and (b) expanding the sales outreach to new customers. Old customers are to be subdivided on the basis of the size of the accounts, customer needs for the large accounts will be thoroughly assessed, and they will be provided with RFP updates such that these can be developed around Riordan products. Riordan employees will develop sales growth plans for individual

Hybrid Cars Essay Example | Topics and Well Written Essays - 750 words

Hybrid Cars - Essay Example These hybrid cars can prove to be useful in many different ways which include the environmental factors along with the factors of scarce resources. Hybrid cars have features which help reduce pollution from the environment and are also economically feasible as compared to the conventional cars. With the increase in the prices of fuel as well as the reduction in the amount of natural resources, the popularity of these hybrid cars is increasing every day. As compared to traditional cars there are two main advantages of hybrid cars. One is that it emits less carbon dioxide which makes it an environmental friendly car. The second advantage is that it has higher fuel efficiency that can help people save sufficient amount of money and thus it can be counted as an economic advantage of these cars. In present times when world’s economy is in crucial state, every dollar matters and this has become the most important benefit of these vehicles (Hantula 2009). Some of the other benefits o f these cars are their smart styling, their well equipped interiors and their up to date safety features. In the long run hybrid cars are more of a practical choice to opt for because of low fuel cost and low emissions. Hybrid cars are more competent because of their light weight due to the usage of light weight materials in its structure. Hybrid cars capture, accumulate and recycle the kinetic energy that is produced from the car’s brakes (Congress House 2010). Hybrid cars have the ability to save energy in a very efficient way. They can switch their power on and off according to the usage of the car. If the car is standing in an area full of traffic, the car automatically turns off its power and saves energy. When the accelerator is pressed the engine automatically starts again and thus this saves energy. These cars can be said to be energy efficient considering these factors. These cars also have batteries which have a long life. The tires which are used in these cars have low resistance which reduces energy loss. All this helps this car to accelerate and drive up on higher plains easily. In this way these cars can achieve greater speed which decreases the fuel consumption and also less energy is wasted. There are also certain disadvantages attached to hybrid cars. The major drawback of hybrid vehicles is that they are still quite expensive. This is because of the fact that its production costs are very high due to using uncommon equipment for example dysprosium which is used in the manufacturing of highly developed electric motors and many more. The maintenance of hybrid cars can be very expensive as well. As for now these cars are not that common so it is difficult to find garages which have necessary materials to service them. Hence taking them to the producer can be very expensive. Even though these cars are gradually gaining popularity but there are still factors that make traditional cars more feasible as compared to them. Hence, because of the se reasons hybrid cars cannot fully compete with gasoline powered cars. When the cost of production of these vehicles would be lowered as compared to other cars the production would also rise. Once the supply rises the price would go down and the demand would rise. The exact time of this happening cannot be told but when this happens new mode of researches to

Uniform accounting standards produce Essay Example for Free

Uniform accounting standards produce Essay In the last decade, various countries around the globe have shifted towards a uniform accounting standards or the International Financial Reporting Standards (IFRS). The main motive behind this movement is to come up with a global language for accounting which will be comparable and understandable beyond the borders of a nation. As of today about 120 countries require IFRS for domestically listed companies, although only about 90 countries have fully conformed to IFRS . While some argue that it is necessary to have a system of accounting that is clear and transparent to global investors and companies, some others are skeptic about it being efficient. Furthermore, some feel that the costs of implementing IFRS can be too high and hence uniform accounting will not be worth the cost. Hence, critically analyzing IFRS and understanding its impact on accounting principles will help us to recognize the costs and benefits of this system. One of the main objectives of IFRS is to increase the efficiency and transparency in accounting. However, the main tension in the model rests due to the non- uniform nature of firms as well as nations. For instance, countries differ on myriad ways such as capital and labor markets, nature of government, involvement of government in the company and so forth. Similarly, firms differ from each other in various ways including size, growth, types of products, geographical location and technological advancement . Therefore, coming up with a detailed accounting system or a set of principles to fit all of these can be challenging. Thus, IFRS uses a principle based system, rather than a rule based system which wi ll allow the companies to apply IFRS according to their situation and prepare their statements. However, this flexibility can itself be seen as a big down- side of this system. This will provide a way for companies to manipulate the statements which in turn can encourage fraud. Trancy Coenen comparing the fraud under the system of GAAP and IFRS says that, As IFRS is largely based on judgment in applying principles, it only stands to reason that the risk of fraud in the financial statements will increase with the change . For example, Fair Value judgment is one of the corner stones of IFRS system of accounting. However, it is unclear as to who gets to value things and how can these figures checked for reliability. Thus, IFRS, which is created to form a uniform and transparent system of accounting can itself lead to non-uniform accounting practices with very little information about who makes the judgment behind numbers presented in  the financial statements. Furthermore, another crucial concern that rises with the implementation of IFRS is the balance between the capital alloc ation benefit of a uniform accounting standard against the social cost of forcing diverse firms to adhere to the same rigid standard says Korok Ray, a professor of Economics from George Washington University . Hence, for a small company the cost of shifting from its current accounting practice to IFRS might be too high whereas for a big company it might be small. Furthermore, the time in which all the companies will have to shift from their old system to IFRS can decrease the quality of the financial statements. Lack of experience in this new system of accounting can also increase mistakes making the system less accurate . Nevertheless, it is undeniable that in an increasingly more globalized world, a cross-border accounting system will immensely benefit firms and investors. This system will lead to investment comparisons between various countries, making investors better off. In fact, Marc Fogarty, a Certified Public Accountant says that the single set of standards will cut down the costs to which foreign companies investing in the U.S. markets will have to adhere. He also believes that, the U.S. GAAP standards along with other strict accounting regulations have long been deterrent to foreign companies trying to raise money in the U.S. capital markets . Small investors will be benefited from this change, as they will have an access to more financial information which can be easily understood. In short, implementing IFRS will lead to easy to understand, clear and efficient financial data which will be made available to the general public. Just the implementation of IFRS does not mean investors are prot ected against fraud or misrepresentation of a company’s financial statement. In addition, IFRS also has numerous short term problems that can have a huge impact on its initial adaption and implementation. However, company’s and investors can protect themselves against risks by learning IFRS which will increase their understanding of the financial statement. This will not only help them to critically analyze the numbers represented on the statement but also help them to better compare and contrast one statement from the other nationally or internationally.

Development of Regulatory Mechanism

Development of Regulatory Mechanism Critical Analysis of Role of IRDA (Regulator) In the Last Decade In Respect of  General Insurance Companies In India, insurance has a very deep-rooted history. Insurance in India has evolved over time heavily drawing from other countries, England in particular. The history of general insurance dates back to the Industrial Revolution in the west and the consequent growth of sea-faring trade and commerce in the 17th century. It came to India as a legacy of British occupation. General Insurance in India has its roots in the establishment of Triton Insurance Company Ltd., in the year 1850 in Kolkata by the British. In 1907, the Indian Mercantile Insurance Ltd., was set up. This was the first company to transact all classes of general insurance business. In 1968, the Insurance Act was amended to regulate investments and set up minimum solvency margins. The Tariff Advisory Committee was also set up then. In 1972, with the passing of the General Insurance Business (Nationalization) Act, general insurance business was nationalized with effect from 1st January, 1973. 107 insurers were grouped into four companies, namely National Insurance Company Ltd., the New India Assurance Company Ltd., the Oriental Insurance Company Ltd. and the United India Insurance Company Ltd. The General Insurance Corporation of India was incorporated as a company in 1971 and it commence business on 1st January, 1973. Evolution of IRDA In 1993, the Government set up a committee under the chairmanship of RN Malhotra, the former Governor of RBI, to propose recommendations for reforms in the insurance sector. The objective was to complement the reforms initiated in the financial sector. The committee submitted its report in 1994 wherein, among other things, it recommended that the private sector be permitted to enter the insurance industry. They stated that foreign companies should be allowed to enter by floating Indian companies, preferably a joint venture with Indian partners. Following the recommendations of the Malhotra committee report, in 1999, the Insurance Regulatory and Development Authority (IRDA) was constituted as an autonomous body to regulate and develop the insurance industry. The IRDA was incorporated as a statutory body in April, 2000. The key objective of IRDA includes promotion of competition so as to enhance customer satisfaction through increased consumer choice and lower premiums, while ensuring the financial security of the insurance market. The IRDA opened up the market in August 2000 with the invitation for application for registrations. Foreign companies were allowed ownership of up to 26%. The Authority has the power to frame regulations under Section 114A of the Insurance Act, 1938 and has from the year 2000 onwards framed various regulations ranging from registration of companies for carrying on insurance business to protection of policyholders interests. In December, 2000, the subsidiaries of the General Insurance Corporation of India were restructured as independent companies and at the same time GIC was converted into a national re-insurer. Parliament passed a bill de-linking the four subsidiaries from GIC in July, 2002. Today there are 24 general insurance companies including the ECGC and Agriculture Insurance Corporation of India. IRDA plays a vital role in shaping the growth of the insurance industry as a whole. Ever since IRDA came into existence and started regulating the insurance industry, there were many changes which were brought in the insurance industry which immensely helped the customers in choosing the right policies as well as helped the insurance companies in delivering the right policies to its customers as well as the insurance company. IRDA made a huge impact of its presence in the insurance industry since it started regulating the insurance industry firmly and stiffly as well as imposed many new regulations on the insurance companies to protect the policy holders interests and help the insurance companies grow and have a healthy competition among each other so that no insurance companies are declared bankrupt. Insurance companies were made to comply with all the regulations framed by IRDA and IRDA had full authority to penalize any insurance company for non-compliance of the guidelines of IRDA. IRDAs role in shaping the whole insurance industry has been a challenging job since its inception because the insurance companies enjoyed the freedom of non-regulation before IRDA came into existence. This is the reason why IRDA worked tiresomely in order to put everything in place and faced so many challenges for regulating the insurance industry as a whole. Mission Statement Of The Authority To protect the interest of and secure fair treatment to policyholders; To bring about speedy and orderly growth of the insurance industry (including annuity and superannuation payments), for the benefit of the common man, and to provide long term funds for accelerating growth of the economy; To set, promote, monitor and enforce high standards of integrity, financial soundness, fair dealing and competence of those it regulates; To ensure speedy settlement of genuine claims, to prevent insurance frauds and other malpractices and put in place effective grievance redressal machinery; To promote fairness, transparency and orderly conduct in financial markets dealing with insurance and build a reliable management information system to enforce high standards of financial soundness amongst market players; To take action where such standards are inadequate or ineffectively enforced; To bring about optimum amount of self-regulation in day-to-day working of the industry consistent with the requirements of prudential regulation. Composition of Authority As per section 4 of IRDA Act, 1999, Insurance Regulatory and Development Authority specify the composition of Authority: The Authority is a ten member team consisting of: a Chairman; Five whole-time members; Four part-time members. (All the members are appointed by Govt. of India) Review of Literature Insurance Regulatory Development Authority IRDA since its inception has done a wonderful job in carrying out its duties, powers and functions without failing. The powers and functions of IRDA are such that it has the authority to issue to the applicant a certificate of registration, renew it, modify it, withdraw, suspend or cancel such registration. IRDA plays an important role in protecting the policy holders interests in matters concerning assigning of policy, nomination by policy holders, insurable interest, settlement of insurance claim and other terms and conditions of contracts of insurance. IRDA also specifies the requisite qualifications, code of conduct and practical training for intermediary or insurance intermediaries and agents. It clearly states the code of conduct for surveyors and loss assessors as well as promotes efficiency in the conduct of insurance business and regulates the professional organizations connected with the insurance and re-insurance business. IRDA always calls for information related to undertaking inspection, conducting enquiries and investigations including audit of the insurers, intermediaries, insurance intermediaries and other organizations connected with the insurance business. IRDA fully controls and regulates the rates, advantages, terms and conditions that are offered by the insurers in respect of general insurance business which were earlier not so controlled and regulated by the Tariff Advisory Committee. IRDA also specifies the form and manner in which books of account shall be maintained and statements of accounts shall be rendered by the insurers and other insurance intermediaries. Now to discuss some of the guidelines and regulations framed by the IRDA in respect of General Insurance Companies, IRDA issued some regulations relating to protection of policy holders interests which stated that an insurer or its agent or other intermediary shall provide all material information in respect of a proposed cover to the prospect to enable the prospect to decide on the best cover that would be in his or her interest. Where the prospect depends upon the advise of the insurer or its agent or and insurance intermediary, such a person must advise the prospect dispassionately. Except in case of marine insurance cover, whereby current market practices do not insist on a written proposal form, a proposal for grant of cover for general business must be evidenced by a written document. It is the duty of an insurer to furnish to the insured free of charge, within 30 days of the acceptance of a proposal, a copy of the proposal form. Every insurer should have proper procedures and effective mechanism in place in order to address complaints and grievances of policy holders efficiently with speed. An insured or the claimant should give notice to the insurer after any loss has occurred arising under the contract of insurance at the earliest and within specified time period which may be allowed by the insurer. On receipt of such a communication, the insurer has to respond immediately and give clear indication to the insured on the procedures that he or she should follow. In case a surveyor is appointed for assessing the loss, it shall be done within 72hours of the receipt of intimation from the insured. On receipt of the survey report, the insurer should offer a settlement of claim to the insured within a period of 30days. If the insurer for any reason decides to reject or repudiate the claim under the policy, it has to do so within a period of 30days from the receipt of the survey report. Non-Tariff Regime In the year 2005, General Insurance Companies and other stake holders in the insurance market voiced the demand for removal of tariff as the existence of tariff was considered contrary to free market principles and insurance products needed to be priced based on market forces. IRDA accordingly considered moving to a tariff free regime. IRDA stated that in a market free of tariffs, all the insurance companies should have in place internal capabilities, procedures and controls. It also stated that the functions of underwriting and rating of insurance business should be independent of the business development function and not be made subservient to the business development function. Employees with authority were to be trained to evaluate proposals, underwrite and rate the risks as per the guide tariff. Following the decision of the tariff advisory committee to de-tariff Marine Hull Insurance, IRDA issued certain guidelines in respect of Marin Hull Insurance. All the general insurers who had wish to underwrite marine hull business, should follow the exact existing policy wordings, terms and conditions including clauses such as the Institute clauses as it was before de-tariff regime. It was also indicated and stated that all the insurance companies who wanted to underwrite marine hull class of business should file separately with the IRDA regarding the reinsurance arrangements for protecting the net account exposures. Guidelines Pertaining to Corporate Agents Outsourcing of Activities All the non-life insurers were directed to lay down minimum business requirements for Individual agents. The said provision of minimum business requirements is extended to all Corporate Agents as well. Accordingly, all the non-life insurers were directed to lay down minimum business requirements for Corporate Agents and monitor the performance of Corporate Agents as often as it is required. Insurers in India increasingly used outsourcing, as a means of both reducing cost and accessing expertise, not available internally and in order to achieve strategic aims. IRDA in respect of outsourcing stated that, all applicants will carry on functions in respect of insurance business including management of investment, within its own organization. It was observed that certain insurers were even outsourcing the core activities such as investment, underwriting and policy servicing. IRDA said that it was not desirable to outsource the core and important activities which will immensely affect the corporate governance, protection of policy holders, solvency and revenue of flows of insurer. IRDA further stated that outsourcing arrangements should neither diminish its ability to fulfill its obligations to policy holders nor impede effective supervision by IRDA. Insurers therefore were to take steps to ensure that the service provider employs the same standards in performing the services as would be employed by them if the activities were conducted in house. Accordingly, Insurers were not to engage in outsourcing that would result in their internal control, business conduct or reputation being compromised or weakened. Therefore, IRDA does everything that they can in order to protect the policy holders interest as well as control the Insurance Industry as a whole for betterment. Need of the Study What is the purpose of IRDA in regulating the General Insurance Companies? How IRDA framed and implemented the policies. Role of IRDA. Objectives of the Study A comprehensive wide case analysis of the role of IRDA in the last decade in respect of General Insurance Industry will aid and help in understanding the details regarding the benefits of the guidelines bestowed upon on the General Insurance Companies by the IRDA as well as to know the problems faced by General Insurance Companies in complying with IRDA regulations. Rationale of the topic Insurance industry in India has come a long way since the time when businesses were tightly regulated and concentrated in the hands of a few public sector insurers. Following the passage of the Insurance Regulatory and Development Authority Act in 1999, India abandoned public sector exclusivity in the insurance industry in favour of market-driven competition. This shift has brought about major changes to the industry. This topic will help in identifying the role of IRDA and its impact on the General Insurance Industry since its inception. IRDA plays a vital role in shaping the growth of the insurance industry as whole due to which it is very important to understand how IRDA framed and implemented the policies in order to protect the policy holders and bring transparency in the insurance market. This is the reason why it is very important to critically analyze the role of IRDA since its inception and find out whether the general insurance companies have strictly adhered to the rules framed by IRDA and followed it without any problems faced. Research Methodology Research method: Descriptive Research Sampling tool: Questionnaire Data collected: primary Statistical tool used: Microsoft excel Data collection methods Primary data: the primary data will be collected by means of a survey. Questionnaire will be prepared and the General Insurance companies will be approached to fill up the questionnaire. The filled up information will later be analyzed to obtain the required information. Hypothesis Null: H0: Guidelines framed by the regulator are useful. Alternative: H1: Guidelines framed by the regulator is not useful. Null: H0: IRDA treats all the insurance companies both Public and Private, equally and fairly. Alternative: H1: IRDA doesnt treat all the insurance companies both Public and Private, equally and fairly. Data Analysis Interpretation Q1. Insurance Regulations includes all the objective of insurance business. Code Response Frequency Precentage 1 Agree 10 100 2 Disagree 0 0 According to the survey collected from 10 respondents one each from 10 general insurance companies, it was found that the regulations framed by IRDA includes all the objective of insurance business. Q2. Regulator Examines the documents thoroughly before issuing a license to any new insurance company. Code Response Frequency Precentage 1 Agree 10 100 2 Disagree 0 0 As per the pie chart above, we can easily interpret that all the respondents agree on the fact that the regulator examines the documents thoroughly before issuing a license to any new insurance company. Q3. Insurance Companies are able to meet the capital requirement set by the regulator. Code Response Frequency Precentage 1 Agree 10 100 2 Disagree 0 0 The response on the capital requirement is that Insurance Companies are able to meet the capital requirement set by the regulator as responded by the survey respondents. Q4. True disclosure of the working of insurance company ensures the soundenss of the business of the insurance company. Code Response Frequency Precentage 1 Agree 10 100 2 Disagree 0 0 According to the respondents, all of them agree to the fact that true disclosure of the working of insurance company does always ensures the soundness of the business of the insurance company thus showing transparency in the workings of insurance companies. Q5. Regulator has a very important role in the selection of the management. Code Response Frequency Precentage 1 Agree 2 20 2 Disagree 8 80 As the chart speaks for itself, we can clearly see that 80% of the respondents does not agree to the fact that regulator has a very important role in the selection of the management as opposed to 20% who agree to the statement. This shows that regulator is not so important when it comes to the selection of management. Q6. Guidelines framed by the regulator are useful Code Response Frequency Precentage 1 Agree 9 90 2 Disagree 1 10 According to the survey conducted, it shows that 90% of the respondents feel that guidelines framed by the regulator are useful whereas 10% feels it is not useful meaning that majority of the insurance companies feel that the guidelines are very useful for insurance companies to sustain and grow in the market. Q7. Filing a new product with regulator for approval is easy. Code Response Frequency Precentage 1 Agree 1 10 2 Disagree 9 90 The survey on the filing of new conducted concluded with 90% denying the fact that filing a new product with the regulator for approval is easy meaning that they feel it is difficult to file a new product. Only 10% feels it is easy which is quite bad. Q8. Setting up of the customer grievance cell as the directives by the regulator helps in satisfying the policy holders and getting more business for the company. Code Response Frequency Precentage 1 Agree 9 90 2 Disagree 1 10 90% respondents feel that setting up of the customer grievance cell as directed by the regulator helps in satisfying the policy holders and getting more business for the company where as 10% of the respondents doesnt support the statement. Q9. Establishment of the IRDA to regulate the insurance industry was a wise step taken by the government of India in order to protect the policy holders interest and insurance industry as a whole. Code Response Frequency Precentage 1 Agree 10 100 2 Disagree 0 0 The above pie chart shows that all the insurance companies that were surveyed feels that establishment of the IRDA to regulate the insurance industry was a wise step taken by the government of India in order to protect the policy holders interest and insurance industry as a whole. Q 10. IRDA treats all the insurance companies both public and private equally and fairly. Code Response Frequency Precentage 1 Agree 10 100 2 Disagree 0 0 All the 100% respondents agree to the fact that IRDA treats all the insurance companies both public and private equally and fairly. Q11. IRDA takes strict actions on insurance companies for non-compliance with the regulator. Code Response Frequency Precentage 1 Agree 10 100 2 Disagree 0 0 According to the pie chart, we can easily come to a conclusion that all the respondents from 10 general insurance companies accepts that IRDA is very strict and that it takes strict actions on insurance companies for non-compliance with the regulator. Findings Insurance Regulations does include all the objectives of insurance. IRDA always examines the documents thoroughly before issuing a license to any new insurance company. Regulator doesnt have much role in the selection of management according to the general insurance companies. Guidelines framed by the regulator are very useful for the insurance companies. Filing a new product with the regulator for approval is not at all easy. Establishment of the IRDA to regulate the insurance industry was a wise step taken by the government of India in order to protect the policy holders interest and insurance industry as a whole. IRDA treats all the insurance companies both public and private equally and fairly. IRDA takes strict actions on insurance companies for non-compliance with the regulator. Suggestions Since regulator doesnt have important role in the selection of the management, I think the regulators should take part in the selection of the management so that there is a fair and transparent management. Since filing of a new product for approval from the regulator is not so easy, IRDA should take into account such problems and issues so that various types of products are available immediately in the market which would help the customer choose the best suited product. IRDA can try to increase their man power and examine the new products filed thoroughly in a quick moment. Although guidelines framed by the regulator are useful, few insurance companies feel it is not due to which IRDA should also take the consent of the insurance companies for sharing their ideas on the guidelines, then note it down and if the regulator feels it is valid, then adapt that guideline. Conclusion The study of the topic Critical Analysis of the Role of Regulator (IRDA) in the Last Decade in Respect of General Insurance Companies it was found that regulator plays a very vital role in protecting the policy holders interests as well as growing and shaping the insurance industry as a whole. It was also found out that establishment of IRDA to regulate the insurance industry was a wise step taken by the Government of India as well as the most important factor for IRDA to be a very prominent and successful regulator is due to the hard work and wise firm decisions and steps taken by the Government as well as the Management of the regulator. The study also found out that there was not much gaps and flaws in the functioning of the regulator since the regulator has properly framed the guidelines taking into account the customers protection and the Insurance Industrys protection as a whole. The general insurance companies are all satisfied with decisions taken by IRDA and do appreciate the presence of IRDA. So finally, it is concluded that IRDA as a regulator does play a very important role in shaping the whole insurance industry and that IRDA should maintain the same henceforth so that even the new insurance companies would also stick to the norms and proper procedures. Sonam Tobgay

PepsiCos diversification in the world market

PepsiCos diversification in the world market Pepsi-Cola came into being in 1898, when Caleb D. Bradham, introduced Brads Drink, a blend of Peps-Cola, carbonated water and sugar. Bradham later renamed the drink Pepsi-Cola. The company Pepsi-Cola was launched in 1902 in the back room of the pharmacy of Bradham, as the business began to grow it was officially registered with the U.S. Patent Office on June 16, 1903 as Pepsi-Cola. (Pepsi Store History of the Birthplace of Pepsi). 1 As time passed by Pepsi-Cola moved away from the low-price strategy and launched an extensive marketing campaign to boost the companys image. In 1950, Pepsi- Cola had the slogan, Be sociable, have a Pepsi. The number of CEOs, Presidents changed over time but the essence of the culture of Pepsi-Cola remained intact, from Donald M. Kendall, CEO in 1963 to Wayne Calloway. CEO in 1986, the company remained consistent with its emphasis on people, the company backed people, not projects, in its resource allocation decisions, and these decisions were made quickly. Wayne Calloway was resolute to continue in the strong tradition of the company and the previous CEO, of identifying investment opportunities, which had potential the potential to make the company grow. These opportunities would eventually lead to higher sales, higher earning growths and increase in companys value on the stock market. Over the years PepsiCo has been able to build a dominant market share in the world as provider of snack foods or beverages, during the process PepsiCo has made key decisions, both positive and negative. To attain this position several acquisitions of fast food chains were made and precedinmg divestitures as well. ( PepsiCos Diversification Strategy, oppapers.comHYPERLINK http://www.oppapers.com/essays/Pepsico-s-Diversification-Strategy/248234). 2)HYPERLINK http://www.oppapers.com/essays/Pepsico-s-Diversification-Strategy/248234). 2.HYPERLINK http://www.oppapers.com/essays/Pepsico-s-Diversification-Strategy/248234). 2 HYPERLINK http://www.oppapers.com/essays/Pepsico-s-Diversification-Strategy/248234). 22 PepsiCos diversification strategy can be viewed in three broad categories: Soft Drinks Soft drinks represented 35% of PepsiCos sales and 39% of its operating profits in 1991.To make the figures even better Pepsi Co acquired acquire several of its franchised bottlers, including some of its largest ones. It also acquired the international operations of Seven-Up, the third largest soft drink operation outside the United States, for $246 million. Snack foods Pepsi-Cola acquired Frito-Lay in 1965 and with brands such as Doritos, Lays, Fritos, and Ruffles, Frito-Lays share of the $10 billion U.S. snack chips market was nearly half, and PepsiCo Foods International (PFI)s share of the $13 billion international snack chips market was about one-quarter. In 1989, PepsiCo purchased two U.K. snack companies-Smith Crisps, Ltd. and Walker Crisps, Ltd.-for $1.34 billion, becoming the leading snack food company in Europe. Restaurants In 1986, PepsiCo purchased Kentucky Fried Chicken. Combined with Pizza Hut and Taco Bell, the purchase made PepsiCo the international leader in number of restaurant units. In 1991, PepsiCos restaurant segment attained the highest revenue of the companys three segments, surpassing soft drinks for the first time. With three top line restaurants under its charge, Pepsi Co was on its way to constructing a recognizable three-legged stool. The CEO Calloway, felt that the new structure would bring the company success and costs would decrease significantly by transferring of skills across the three chains. PepsiCos strategic planners believed that quick service restaurants would remain the largest segment over the following decade. They had identified several major industry trends. First, they believed that simplicity and convenience were becoming increasingly important as people worked longer hours and had less leisure time. Second, they thought that, due to economic pressures and an overall decline in consumer interest in prestige and status, consumers would look for value. Third, they identified variety as a significant trend, remarking that growth in ethnic product categories tended to reflect the increasing diversity of the U.S. population. Finally, they believed that the health and nutrition trend that had begun in the 1980s would continue as the population aged. Based on this analysis, PepsiCo thought the quick service, casual dining and take-out segments would be attractive opportunities for investment. Why Should PepsiCo acquire Carts of Colorado (CoC) and California Pizza Kitchens (CPK)? Carts of Colorado (CoC) Carts of Colorado (COC), is a Denver designer, manufacturer, and merchandiser of mobile food carts and kiosks (Carts of Colorado,HYPERLINK http://www.cartsofcolorado.com/index.htm).3 INC).3 Carts of Colorado was setup by two brothers, Stanley and Daniel Gallery from Denver, Colorado. Both had previous experience of working in their mothers restaurant, they took credit card cash advance, and setup a cart .The business did good, they expanded and had 20 carts by 1984.The carts of Chicago-Style Sandwiches did not meet the standards of Federal Food Drug Administration (FDA), so Stan modified the cart and produced one that did more than meet the current standards. In 1984, the Gallery brothers established Carts of Colorado to manufacture carts. It would be extremely beneficial for PepsiCo to acquire Carts of Colorado (CoC) for a number of reasons. Firstly CoC has clients ranging from Burger King, Coca-Cola Company, Dunkin Donuts, Mrs. Fields, and Disney, this acquisition would enable Pepsi Co to tap into a new market and become a supplier to these big companies. Secondly CoC had a potential to grow into an even better and bigger company, as the founders were willing to invest for the technological advancement of the carts, such as radio telecommunications and computers. Lastly the point which goes in favor of acquiring CoC is that they had they purchased their largest competitor, for $65,000 in 1990, so basically they were market leaders. California Pizza Kitchens (CPK) California Pizza Kitchen (CPK) was started by Larry Flax and Rick Rosenfield, both were assistant U.S. attorneys for the Department of Justice; both had a passion for cooking and the two setup their own restaurant. (California Pizza Chicken).4 CPK targeted young, upscale singles and couples, families, and elderly retired people seeking a moderately priced, yet comparable-quality alternative to fine dining restaurants. Acquisition of CPK will prove to be profitable business for PepsiCo as CPK is a thriving and profitable business with potential to grow even further. Secondly their core competency, that is, constant adding of new items in the menu and the high level of service make it a well reputed restaurant in the market. Lastly the employees of CPK were committed to the company as it provided them job security and opportunities of moving up to the higher positions in the chain administration. This would be a welcome addition in the task force of PepsiCo. Why shouldnt they acquire them? Carts of Colorado (CoC) Firstly, the Stanley brothers were not the best people to work with; they wanted complete control over their own business. After selling 30% of their business to a venture capital firm ,they eventually forced the new management out ,as the Gallery brothers were vary of the way the business was been run. Secondly CoC was not the lowest cost cart manufacturer in the market, as the Gallery brothers had made a number of modification to the carts, e.g. (smaller carts, while increasing their food storage and cooking capacity) and invested in upgrading cart technology, they were not the cheapest option around. California Pizza Kitchens (CPK) Firstly the owners of CPK, Flax and Rosenfield had been hesitant to franchise the concept. Secondly Flax felt that it would be fatal to sell the company now after putting in so many years of hard work, he wanted to take it forward and had decided to make the company public. As he said: It would kill me to sell now for $100 million and sit on the sidelines and watch somebody else either destroy it or do great with it. (Michael Barrier, Nations Business, March 1991, p. 14.) 5 It would take long negotiating talks to convince Flax and Rosenfield to sell up the company. What do you recommend? According to my opinion PepsiCo should make very possible effort of acquiring Carts of Colorado (CoC) and California Pizza Kitchens (CPK). Since both the businesses are vibrant and progressive, making profits they would be a welcome addition to the food chain of PepsiCo. The other point which favors the acquisition is that both the businesses have the potential for growth, CoC is investing in technology which will make it even more cost efficient, where as on the other hand CPK has limited its advertising to store openings, but it received an avalanche of free press because of its distinctive menu, its fast-paced growth, and the unusual backgrounds of its cofounders. If bought to whom they should report? PepsiCo has always focused on a decentralized structure and the emphasis the firm placed on entrepreneurial management, Pizza Hut, Taco Bell, and KFC each operated with a great deal of autonomy. One restaurant CEO remarked, Calloway really wants to know just three basic pieces of information from us: (1) when we change the top people in our business, (2) when we change our strategy, and (3) what our capital expenditures are. Continuing in the PepsiCos tradition, if both the businesses were bought, each should be appointed with a separate CEO and that person should report to the CEO of PepsiCo. This would keep the roles of both the businesses separate instead of been lead by a single person. Does PepsiCo add value to its restaurant business? PepsiCo always has a strategic plan in place before acquiring a business or launching a new product in the market. Same is the case with the restaurant industry, PepsiCo had carefully planned out how they could add value to the businesses been acquired and how the business would help PepsiCo improve. PepsiCos strategic planners believed that quick service restaurants would remain the largest segment over the following decade. We can consider each of the three restaurants owned by PepsiCo separately: Pizza Hut In 1986 the development and roll out of Pizza Hut delivery took place under the leadership of the then CEO of Pizza Hut .This was primarily done as Pizza Hut was facing competition from Dominos which focused mainly of delivery. Pizza Hut was repositioned by PepsiCo into pizza distribution, this meant expansion into non-traditional locations, such as airports, amusement parks, stadiums, and school lunch rooms, using free-standing kiosks. A number of other measure were been considered to bring value to the Pizza Hut franchise such as concepts of, One in quick service iv. Introduction of new dishes6 Casual dining Pizza Hut Cafà © Taco Bell When PepsiCo bought Taco Bell in 1978, it was the countrys largest chain of quick service Mexican restaurants, selling tacos, tostadas and burritos. John Martin, CEO of Taco in 1983 took a number of steps to bring value to the Taco Bell restaurants, which mainly were: Introducing new dishes for the first time in 10 years Shift in focus, from production to customer service K-minus. (reduced the size of the average Taco Bell kitchen) MIS project, called TACO (Total Automation of Company Operations) introduced Empowering employees at all levels Revamping the compensation system to include more performance-based compensation Slashing of prices for a range of basic items Kentucky Fried Chicken PepsiCo acquired KFC in 1986, as the largest chicken chain in the world. John Cranor III became president and CEO of Kentucky Fried Chicken in 1989, he took a number of steps to ring value to the franchise, mainly of those were: Restructuring US and international operations Renovation program, New computer program Targeted college campuses Making the products more health-conscious Roasted and barbecued chickens and chicken sandwiched introduced. The points above show that PepsiCo brings value to it restaurants business in every possible manner to make it more profitable and customer accommodative. Is PepsiCos current organization of its restaurants chains appropriate? PepsiCos organizational structure of its restaurant chains focuses on decentralization and with each chain given autonomy to conduct their operations. In this way each chain runs its business in its own way, while keeping a sense of loyalty across the divisions. Senior management was of each chain was open to sharing of ideas, while keeping the secrets of their own chain well guarded. In discussing coordination across the restaurant chains, senior corporate executives stressed that joint activity should be initiated by divisions, not headquarters. Division presidents should have the privilege to decide whether or not a given division would participate in any specific joint activity. This organizational structure makes it possible for PepsiCos restaurant chains to effectively conduct their business, without intervention and according to the vision they have in mind.