Starbucks Corporation Case Study in Motivation and Teamwork

Because of rapid globalization over recent years, competition around the world becomes more intense, especially for the service industry with similar products. The most critical point for business to achieve success is not only the quality of products they supply, but the atmosphere of cooperating and the amount yielded from teamwork in retail sales. Therefore, it turns out to be essential for companies to motivate, reward and train their employees to be the best quality personnel. Starbucks Corporation, the most famous chain of retail coffee shops in the world, mainly benefits from roasting and selling special coffee beans, and other various kinds of coffee or tea drinks. It owns about 4000 branches in the whole world. Moreover, it has†¦show more content†¦For example, managers plan the working hours per workers and arrange the schedule of time off, according to the workers’ wants in order to meet their requirements. There are interviews weekly to see what employees’ needs are. The partners have the right to figure out what is the best policy for them, and the directors show a respect for each suggestion. Starbucks even wants every employee to join in making and developing plans, then work together in achieving their goals. As a result, the policies and principles are communicated between all staff, and there is no limitation in employees’ personal opinions. 3) Good welfare measures: All employees, including informal personnel, are offered a great deal of welfare policies, for instance, commodities discounts for employees, medical insurance (including health, vision and dental) and vacations. Moreover, the partners who work over 20 hours a week are entitled to benefits. Starbucks also thinks that debt financing is not the best choice, thus it chooses to allocate stock dividends to all employees with a free script issue. By this policy, the employees can get benefits from the dividends of the company. Because of this, they have the same goal; in other words, they are motivated to increase the sales to earn more profits. To Starbucks, the employees are the most important asset. Teamwork 1) The strategies to keep good relationships: Starbucks establishes a well-developed system to keepShow MoreRelatedTeamwork Report862 Words   |  4 Pageson Ensure Team Effectiveness Starbucks Corporation: Case Study in Teamwork Name: Jessie (Luyan) Wang âž ¢ Introduction This report is a case study of Starbucks’ teamwork practices. In the first stage, the overview background of Starbucks will be introduced. Secondly, the viewpoints of Starbucks and the strategies, which are used by the company to make their teamwork performance well, are going to discuss. Next, the effectiveness of Starbucks teamwork strategy will be point out. In theRead MoreStarbucks’ Corporation: Case Study in Motivation2241 Words   |  9 PagesCase Study Report Starbucks’ Corporation: Case Study in Motivation Submitted to: ----------------------------- Faculty, MBA Program, BRAC University Submitted by: SNS MBA, BRACU Course Title: Organization Behavior and Leadership Course Code: HRM 501, Section: 03 Semester: MBA, Fall-2013 Date of Submission: 8 November 2013 Introduction: This report is a part of Masters of Business Administration (MBA) program, Organization Behavior and Leadership (HRM 501) course ofRead MoreTeamwork wins Championship1511 Words   |  7 PagesTeam work wins Championship! â€Å"Talent wins games, but teamwork and intelligence wins championship.†1 I must say what an awesome saying by Michael Jordan! He beautifully portrays the success of teamwork. As nowadays, the challenge for companies is to deliver quickly and flexibly new quality products and services in order to respond to greater and changing demands from clients. â€Å"Standardization† and â€Å"specialization† characterize traditional work organization; the work is divided into different segmentsRead MoreCase Study on Motivating Partners at Starbucks2321 Words   |  10 PagesCONTENT CASE STUDY ON MOTIVATING PARTNERS AT STARBUCKS 2 Question 1: Given Starbuck’s training approach, benefits, package, work/life program, and partner relations mechanisms, what insights have you gained about its approach to employee motivation? Explain your answer. 2 Introduction 2 Motivation 2 Expectancy- Probability (E to P) 4 Instrumentality- Probability (P to O) 4 Valence- V(R) 5 Conclusions 6 Question 2 : What needs does Starbucks appeal toRead MoreEvaluating Organizational Effectiveness : A Case Study Of Starbucks2970 Words   |  12 Pages Examining Organizational Effectiveness: A Case Study of Starbucks Introduction Increasingly, scholars and researchers within the field of organizational research are finding it difficult to come up with a rational, systematic approach to measuring aspects such as organizational effectiveness. However, judgments are constantly being made either consciously or unconsciously by individuals who constantly make the decision on which company stock or which organization they should buy their productsRead MoreStarbucks Culture Essay9960 Words   |  40 PagesContents Summary 1 1. Introduction 2 1.1 History of Starbucks Coffee Company 2 1.2 Development of Starbucks in China 2 2. Positive Effects of Starbucks Culture in China 3 2.1 Starbucks Corporation Culture 4 2.1.1 Influence of Corporation Culture on Leadership 4 2.1.2 Influence of Corporation Culture on Staff Motivation 7 2.2 Starbucks Brand Culture 11 2.2.1 Effects of Brand culture on Brand Positioning 13 2.2.2 Effects of Brand Culture on Product Strategies 14 Read MoreGlobal Staffing Strategies and Starbucks2316 Words   |  10 PagesStarbucks Corporation (Starbucks) is a specialty coffee retailer of hot and cold beverages, coffee-related accessories, complementary food items, teas, and other non-food related products. Starbucks has retail stores in 39 countries and about 146,000 employees. The company operates primarily in the United States (U.S.) with headquarters in Seattle, Washington (Starbucks, 2007). In the early 1970s, Starbucks was established and the first location was in Seattles Pike Place market in 1971. By 1982Read MoreStarbucks Corporation ( Starbucks )2203 Words   |  9 PagesStarbucks Corporation (Starbucks) is a specialty coffee retailer of hot and cold beverages, coffee-related accessories, complementary food items, teas, and other non-food related products. Starbucks has retail stores in 39 countries and about 146,000 employees. The company operates primarily in the United States (U.S.) with headquarters in Seattle, Washington (Starbucks, 2007). In the early 1970s, Starbucks was established and the first location was in Seattle s Pike Place market in 1971. By 1982Read MoreA Report on Hr Policies of Starbucks7223 Words   |  29 PagesA Report on HR Policies Of Starbucks Contents Introduction 2 Mission Statement 2 Human Resource Management 2 Workforce Planning 2 Hiring Process 2 Interviews 2 Job Descriptions 2 Compensation System 2 Benefits 2 Employee Motivation 2 Training 2 Workplace Health, Safety amp; Security 2 Promotional Opportunities 2 Employee Evaluation/Appraisal 2 Social Activities for Employees 2 Grievance Mechanism 2 Recommendations 2 ReferencesRead MoreStarbucks3311 Words   |  14 Pages|Starbucks: Leaderships | |MGMT 451 Fall 2011 Dr. Peter Geib | |Christelle Dominique Timothy Bjornson | |Yuchi Kawakami Zaklina Aguilar | Introduction Coffee has historically been a beverage that has significant cultural impact, as over coffee people would socialize and make important decisions. Nowadays the most well known coffee house that spreads from the Forbidden City to the colorful

Anabolic Steroids As Performance Enhancing Aids Essay

1. Introduction In today’s society, one of the most controversial subject that is popping up in the news, is the use of anabolic steroids as performance enhancing aids. Anabolic steroids are man-made derivatives of the male hormone testosterone (Hoffman and Ratamess, 2006). They have been associated with professional and amateur athletes across the world but in society today it is not just athletes themselves taking them, but the general population looking to improve body image (Bailey et al., 2016). The main reason why athletes use them is that they are said to increase muscle mass and strength via the stimulation of protein synthesis (Kicman, 2008). In 1935, testosterone was first discovered and isolated from bulls’ testis (Schà ¤nzer, 1996) and by 1939 exogenous testosterone was said to be used to aid performance (Wu and Kovac, 2016). It wasn’t official until the 1950’s when the first reports came out of anabolic steroid use, especially among the German rowing team in 1952 and the Russian weightlifting team in 1954 (Wu and Kovac, 2016). Governing bodies such as the World Anti-Doping Agency (WADA) and International Olympic Committee (IOC) then undertook a fight against doping (use of performance enhancers) banning the use most anabolic steroids in 1974 (Schà ¤nzer, 1996). To deter the general population and athletes from using anabolic steroids, medical professionals have focused on studying the adverse side effects and efficacy of the steroids. Also to control the misuse ofShow MoreRelatedAthletes Use Drugs For A Variety Of Reasons1194 Words   |  5 Pagesenhance their quality of performance, and the effects of using performance enhancing drugs can have long term effects on an individual’s life. A commonly used drug in athletes goes by the name of anabolic steroids. The best way to help clarify your understanding of the importance of anabolic steroids is to define these steroids as a synthetic way to acquire the male sex hormone testosterone. The proper name for these steroids are anabolic androgenic steroids of which â€Å"anabolic† refers to muscle buildingRead MoreA Brief Note On The Aids And Its Effects On The Body1534 Words   |  7 PagesErgogenic aids are any foreign products taken by athletes to enhance their physical performance or endurance during physical exercise. Ergogenic aids are formulated to positively alter the physiological process in the body thus offering an advantage edge to the user. These aids may include drugs that enhance performance or even supplements formulated for sporting athletes and are divided into three categories including mental, physiological and mechanical factors (Liddle, 2013). Mechanical factorsRead MoreEssay about Consequen ces of Performance Enhancing Drugs1509 Words   |  7 PagesNegative Effects to Performance Enhancing Drugs At the age of 21 Rob Garibaldi committed suicide and it is believed to be from his consumption of performance enhancing drugs. As a young boy, Rob started to play little league, trying to match his favorite sport hero, and dreaming to make it to the baseball major leagues. Prior to high school, Rob was getting pushed by his coaches he had and scouts start to follow him to have him take supplements and more things that will help him gain weight compoundsRead MoreThe Effects Of Steroids And The Impact On Athletes974 Words   |  4 Pageschosen to write about steroids and the impact they have on athletes. I decided to choose this topic as I consider myself an athletic person and believe this is a perfect subject for me. I found a lot of my information on the topic from www.health.ny.gov/publications/1210 which has helped with my research. It is important to try and understand why athletes take steroids. Each individual will have a different reason on why they have decided to use the performance enhancing drugs. These can rangeRead MoreUse of Steroids by Athletes Essay1538 Words   |  7 Pages   Ã‚  Ã‚   A survey was presented to 198 U.S athletes with the following scenario. You are offered a banned performance enhancing substance that comes with two guarantees: 1) You will not be caught. 2). You will win every competition you enter for the next five years and then you will die from the side effects of the substance. Would you take it? More than half the athletes said yes. As we can infer from the above survey, a large number of professional athletes are willing to risk their lives for theRead MoreSteroid Use in Sports1732 Words   |  7 PagesAround an astonishing ten to fifteen percent of professional athletes use illegal steroids which are also known as performance enhancing drugs. These substances which are banned in professional sports aren’t just any type of steroid or drug. They are called anabolic steroids or performance enhancing drugs, and they are synthetically produced substances of male testosterone hormones. The use of these illegal steroids has gar nered a lot of publicity within the world of sports over the past few yearsRead MoreThe Effects Of Drug Abuse On Sports779 Words   |  4 Pagesabout is steroids in sports. I wanted to choose this topic because I’m a very athletic person myself and I thought that this topic is perfect for me, I found my research on www.health.ny.gov/publications/1210/ and from here this is how I got all my information from. Many athletes now a days are taking steroids, why is that? Is it to make a squad, or impress a member of the opposite sex? There really isn t a right or wrong answer to why athletes feel the need to take performance enhancing drugs.Read MoreEssay about Steroids in Professional Sports976 Words   |  4 PagesSteroids in Professional Sports Sports is one of the most popular forms of entertainment we have today. Whether it’s football, basketball, soccer, baseball, etc., fans are willing to pay ridiculous amounts of money in order to watch sports. There are few issues in the world of sports. But there is one issue that stands out, steroids. Although steroids may increase strength, stamina and athleticism, they are incredibly harmful to your body and should never be used. 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In this paper I hope to focus on the steroids and performance enhancing drugs and how they have become a problem in sports.   Ã‚  Ã‚  Ã‚  Ã‚  An anabolic steroid is a substance that is related to male sex hormones, known as testosterone. The word â€Å"Anabolic† means muscle building. The word â€Å"steroids† is just referred to as a drug name or a class of drug. Some athletes have made the decision

The Secret Circle The Divide Chapter 21 Free Essays

string(39) " to reach its bottom, she never would\." Cassie went home during lunch to go over all her notes on the locator spell Constance had taught them. Since she’d never actually performed the spell, the details of how it worked were fuzzy in her memory. Her notes went on for a few pages, but as far as Cassie could tell, the spell was intended to locate lost objects. We will write a custom essay sample on The Secret Circle: The Divide Chapter 21 or any similar topic only for you Order Now Nowhere had she written about using the spell to find a lost person. Just then there was a knock on her front door. It was Adam; she should have known. â€Å"I figured I’d find you here,† he said, following Cassie to her bedroom. â€Å"I’m not avoiding the Circle,† she said. â€Å"I wanted to do some research.† â€Å"I know. You’re off the hook anyway – everyone went home to gather stuff for the spell.† He plopped down on Cassie’s bed, beckoning her to join him. Did he really think this was a good time for a make-out session? Cassie sat beside him, holding her notes between them. â€Å"Is this locator spell really going to work on a person?† she asked. â€Å"I didn’t realize it’s actually a spell to find your missing car keys.† Adam removed the notes from Cassie’s hands and placed them down on the nightstand. â€Å"It might not work,† he said. â€Å"But it’s possible it will. These spells can be used to said. â€Å"But it’s possible it will. These spells can be used to find lost people if those people really want to be found.† Cassie felt her shoulders settle a bit. There was no question that Scarlett wanted to be found. â€Å"But what if the hunters don’t want her to be found?† she asked. Adam frowned sympathetically. â€Å"That could be a problem. But my guess is the hunters do want to be found, because they want us to go to them.† Then his eyes filled with remorse. â€Å"There’s a reason they’re keeping Scarlett alive, Cassie. Otherwise they would have killed her outright. We will find her. I promise.† Cassie knew Adam was right. She kissed him softly on the cheek. â€Å"I don’t know how I’d get through this without you.† â€Å"Luckily you don’t have to,† he said, as he went in for a kiss. For just a moment, the world felt right again. After school that afternoon, the Circle gathered under the bleachers just before the track-meet finals were set to begin. But Faye was nowhere to be found. Searching the bleachers for her, Cassie and Laurel weren’t surprised to find that she wasn’t alone. Crowds had filled in the bleachers on all sides of Faye and Max, but they hadn’t noticed. Max was kissing her neck as Faye ran her nails down the length of his torso and tugged at his jeans like a hungry animal. â€Å"So much for her laying off Max,† Laurel said. â€Å"But I guess once the love spell was done, it was done.† Cassie nodded. â€Å"But Faye’s not under a spell, so what’s her excuse?† â€Å"She’s Faye,† Laurel said. Cassie noticed Portia walking toward them, or more like marching toward them, wearing a high-collared blouse that was the same shade as her straw-colored hair. â€Å"Here comes trouble,† Cassie said. â€Å"Will you tell your disgusting friend to go get a room?† Portia shouted. â€Å"This is a track meet, not an R-rated movie.† Laurel giggled. â€Å"Portia’s right. I think they might be scaring the children.† She turned to Cassie. â€Å"Do you want to go douse them with some ice water, or should I?† Portia half-smiled. â€Å"Thank you, Laurel. I always knew you were the most reasonable one in your little clique.† Then glancing at Cassie, Portia added, â€Å"Though the bar’s been set pretty low.† â€Å"I’ll take care of it,† Cassie said, already walking away. She’d take any excuse to escape Portia. Laurel and Portia continued talking for a few minutes while Cassie did her best to pry Faye away from Max. â€Å"No,† Max whined. â€Å"Where are you taking her?† All the coolness had been sucked out of him. â€Å"Say good-bye, Max,† Cassie insisted. â€Å"Faye has to go now.† Faye struggled to cop one last feel of him before being hauled away. She grazed her fingers across his chiseled face. â€Å"Be a good boy and stay here,† she said. â€Å"And later you’ll get a reward.† Max’s strong features softened with boyish delight. â€Å"Do you promise?† he said. Faye blew a kiss in response as Cassie dragged her down below the bleachers. Once they were safely away from him, Cassie shook her head. â€Å"I can hardly believe that’s the same Max.† Faye smiled. â€Å"If you saw him with his shirt off, you’d believe it.† Below the bleachers, the Circle was almost done preparing the locator spell. Suzan and Sean stuck candles into the ground: one north, one south, one east, and one west. Nick ignited the wicks with his brass Zippo. Melanie tapped Cassie on the shoulder. â€Å"Excuse me,† she said, bumping her to the side. â€Å"I’ve got censers to light.† â€Å"Won’t they smell the incense?† Cassie asked, referring to the bleacher crowd above. â€Å"No,† Melanie replied, while clearing the ground’s energy. â€Å"It’s only jasmine. If anything, they’ll think someone’s smoking something.† â€Å"Is everybody ready to begin?† Diana called out, eyeing Cassie. She’d taken Cassie aside after chemistry class to hash out what happened at their morning meeting. She tried to explain her position, that she wished to save Scarlett as much as Cassie did, but she had to balance that wish with her responsibility to the Circle. It isn’t personal, she’d said. Cassie assured Diana she understood. But it was personal. That’s what nobody seemed to recognize. To Cassie this was all very personal. The sound of their schoolmates cheering above them indicated the track meet had begun. â€Å"We’re ready as we’ll ever be,† Laurel said. The group sat in a circle surrounding the candles as Diana instructed them to do. Then Diana placed a goblet of water within the circle. â€Å"Everyone invoke the element of Water,† she said. Cassie gazed into the goblet, imagining it contained the whole ocean, so blue and cold and deep that if she tried to stick her fingers inside it to reach its bottom, she never would. You read "The Secret Circle: The Divide Chapter 21" in category "Essay examples" â€Å"Power of Water, I beseech you,† Diana said. And then, together as a group, the Circle softly repeated the incantation four times. That which is lost shall now be found Hiding places come unbound They stared into the goblet as Diana called out, â€Å"Let the water show the location of Scarlett.† At first there was nothing, just some ordinary water pooled in a fancy glass. The crowd above their heads cheered and rose to their feet, and the water stirred. It took a few seconds for it to go still again, but when it did, Cassie noticed her own reflection in the water becoming more pronounced. The shape of her own face, her round eyes and pouting mouth, sharpened to a pristine clarity. How frightened she looked to herself, how desperate. But soon that faded away and a new image emerged, with equal clarity. It was a broken-down house – the same house as the one in her dream, except now she could really see it, not just sense it. It was a rickety beach cottage, in what Cassie recognized as the classic Cape Cod style. It sat near the end of a long, desolate, sandy lane, with a large body of water on one side and tidal marshes on the other. I know this place, Cassie thought, but in the next moment, the image transformed into something else. What was it? The image was forming slowly, but she could swear it was a loaf of bread. Then the loaf separated into slices. Maybe she was just hungry, because as quickly as that image formed, it re-shaped into something else: It was the face of a man who appeared to be from the 1800s. He had bushy eyebrows and a thick moustache and wore a high collar. Cassie was sure she recognized this man, too, but from where? And then, finally, the image changed one last time – to a number. It flashed for only a second, almost too quickly to catch, but it was 48. It appeared to Cassie like a numbered white ball plucked from a lottery. Then the water blackened and became still. â€Å"I think Scarlett’s in Cape Cod,† Cassie said, looking to the others for confirmation. â€Å"Yes,† Adam agreed. â€Å"In the town of Sandwich. It’s in the northwest corner of the Cape.† Cassie laughed to herself. Of course. Why hadn’t she figured that out? â€Å"But who was that man?† she asked. â€Å"I know I’ve seen him before,† Diana said. And then it was Melanie’s turn to have a laugh. â€Å"I just read The Scarlet Letter,† she said. â€Å"That was Nathaniel Hawthorne.† â€Å"It was probably a clue to a street name,† Laurel suggested. â€Å"Lots of the streets are named after old authors around there.† â€Å"Forty-eight,† Adam said, typing it into his phone. â€Å"Forty-eight Hawthorne Street, that’s where she is.† â€Å"Well, what are we standing around for?† Nick said. â€Å"Let’s go get her.† â€Å"We can’t,† Diana said firmly. â€Å"Cape Cod is outside the realm of the protective spell. It’s too dangerous.† Melanie, sensing that Cassie was about to explode, backed Diana up. â€Å"We’ll need all the power we can get if we have a chance at defeating the hunters,† she said. â€Å"We should wait to battle them here in New Salem, under the guard of the protection spell.† â€Å"I’m done waiting,† Cassie said. â€Å"We can’t count on the hunters sparing Scarlett for long.† Before anyone had the chance to respond, there was a spine-chilling scream from the bleachers overhead. It immediately registered that this was not the right kind of scream to hear at a track meet. It was a grisly sound, pain and shock and horror all wrapped into one. It sounded like death. death. Cassie and the others hurried out to see what happened, but it was complete havoc when they emerged. They strived to see over the mad crowd of panic-stricken students and frantic teachers and parents. â€Å"There’s a student down, on the bleachers,† Adam said. Cassie caught sight of a head of straw-colored hair and instantly knew who it was. It was Portia Bainbridge. And she was lying right above where the Circle did their spell. â€Å"She collapsed,† someone from the track team said. Laurel elbowed through the crowd to see if Portia was still alive. She kneeled over her body, calling her name, and checked for a pulse. But it was no use. Portia was gone – as lifelessly stiff as Constance had been on the ground the night of the spring festival. And what was worse, what Cassie wished more than anything she hadn’t seen, was the faint glimmer of the hunter symbol on Portia’s shirt, just over the place where her heart would have been beating. Cassie didn’t need to ask the others if they could also see it this time. She knew by their fright-stricken faces that they could. â€Å"We need to get out of here,† Melanie said, ghost-faced. â€Å"Now,† Diana commanded. â€Å"Everyone to my house.† Scattered around Diana’s living room, the Circle tried to regroup. But they were reeling from Portia’s shocking death, and their own near miss. Adam was walking in figure eights upon the hooked rug, gnawing on his fingernails. â€Å"Don’t you see what this means?† he said. â€Å"The hunters killed a human, thinking the source of the magic was coming from her. So they don’t know who the witches are yet.† â€Å"They still don’t know it’s us,† Faye echoed, from where she was lounging on Diana’s sofa. â€Å"After all this time. I told you so.† There was a hint of triumph in her voice. Laurel cringed at Faye’s insensitivity. â€Å"But that was a huge price to find that out, don’t you think? Portia’s dead.† â€Å"Ah yes, more Outsider blood on our hands,† Faye said mockingly. Suzan unwrapped a Twinkie she had buried in her purse and emotionally bit off its top. With her mouth full she mumbled, â€Å"I was finally starting to not hate Portia, too. And then we go and get her killed.† â€Å"It wasn’t our fault,† Deborah said. â€Å"There was no way we could have known that would happen.† Melanie disagreed. â€Å"We knew doing a spell as powerful as that was a risk, and we willingly took that risk. Portia would still be alive if we hadn’t.† Until now Cassie had remained silent. Of course she felt responsible for what happened to Portia, but there wasn’t time to dwel on it at the moment. She took control of the floor, hoping to channel the group’s fear and anger, and even their guilt, toward the task at hand. â€Å"I’m as rattled as the rest of you,† Cassie announced. â€Å"This proves the hunters are strong and getting closer. And Scarlett is still being held hostage and tortured in a shack on Cape Cod as we speak. We have to act fast before she reaches the same fate as Portia.† Diana began shaking her head before Cassie had even finished her sentence. â€Å"I’m sorry, Cassie, but we just can’t risk it. We’ll figure out another way.† Melanie jumped right in to aid Diana in shutting Cassie down. â€Å"We can’t mess with these hunters. Look at what they’re capable of.† Faye appeared to be utterly enjoying herself. What was it that charged her up? Was it the brutal loss of human life, the fractioning of the group, or everyone turning on Cassie? She sat upright from her lounging position on the sofa. â€Å"You had to know there was no way we would step right into the hunters’ hands, right?† She narrowed her snakelike eyes at Cassie. â€Å"Not with this group of cowards, anyway.† Nick rose up from his chair. â€Å"Shouldn’t we put it to a vote?† â€Å"No.† Faye laughed. â€Å"It’s called veto power. Right, D?† Diana looked down at her thin hands. â€Å"It’s called an executive decision.† â€Å"We can’t go after the hunters in Cape Cod,† Adam said. â€Å"But what if we try to lure them back here to New Salem?† â€Å"There’s no time for that!† Cassie lost her patience. Chris Henderson shot up and went to Nick’s side. â€Å"We should vote. Like we always do.† â€Å"I agree.† Doug joined his brother and Nick in their small insurrection. â€Å"Since when did you all become fascists? I say we go rescue Scarlett.† Then directly to Cassie he said, â€Å"I know what it’s like to lose a sister. You shouldn’t have to.† â€Å"And I trust Cassie’s judgment,† Nick called out. His jaw was tight, but his eyes were full of emotion. â€Å"I’m willing to take the risk.† Cassie’s heart was confused. How could her soul mate not understand her the way Nick sometimes did? Adam was standing there now, stubborn and overly protective, shaking his head no while Nick was willing to do whatever it took to support Cassie and rescue Scarlett. â€Å"It’s not going to happen, boys,† Faye said maliciously. â€Å"We have the right to vote on it,† Nick insisted, with Chris and Doug growing visibly more restless at his side. But even if they voted, it was clear who would win. After everything they’d been through, Scarlett was still an Outsider to them. They would do anything to save Melanie’s great-aunt, but when Cassie’s own sister was in trouble, and they had a way to save her, they refused. â€Å"Fine.† Diana appeared flustered and a little annoyed by this mutiny. â€Å"We’ll vote. But the decision is the final decision for the Circle. And let me just remind you that – â€Å" â€Å"Save your energy.† Cassie cut Diana off. â€Å"I don’t need your vote. I don’t need any of you.† She walked away, leaving a fracture in the Circle as she went. How to cite The Secret Circle: The Divide Chapter 21, Essay examples

Corporate Governance Of API Limited Samples †MyAssignmenthelp.com

Questions: 1.How corporate governance is important to API Limited? 2.Who should I advise if I need to change contact details related to my shareholding in API? 3.If I want to check API share price with the Australian Securities Exchange (ASX) what is the ticker symbol? 4.When did API acquire Priceline? Answers: 1. Corporate governance is the system of rules, practices, and processes by which a firm is controlled and directed. It essentially encompasses harmonizing the interests of several company stakeholders such as customers, shareholders, management, suppliers, community and the government (Deegan, 2012). In accordance to Australian Pharmaceutical Industries Limited, the goal of corporate governance is usually to enhance entrepreneurial, prudent and effective management that can provide the long-standing achievement of the business. Australian Pharmaceutical Industries Limited board often recognizes the significance of a strong governance culture and framework throughout the organization. According to API annual reports, the board of directors continues to shape on and heighten the fully established governance structure to ensure that the company maintains its culture. The responsibilities and roles of the company board are provided in the board agreement. In order to help with the establishment of its duties, the board has created a risk and audit committee, remuneration committee and a nomination committee that have detailed charters (Ferrell, Fraedrich, 2015). Under ASX rules of the listing and ASX corporate governance council recommendations and standards, API is needed to basically divulge the degree of its conformity with the standards since the details of the standards by the consolidated company are completely provided in Australian Pharmaceutical Industries Limited annual statements that are accessible in the corporate governance reports. Generally, the duties of the board involve making the firm strategic purposes, offering the management to put them into force, overseeing the company management and reporting to stakeholders on their leadership. According to API, the directors have also instigated control procedures for evaluating, ascertaining and managing substantial risks to the attainment of the first goal (Khan, Muttakin, Siddiqui, 2013). The company internal control practices often cover operating, compliance and financial risks that may affect the company operations. In this case, the API directors also obtain and consider the yearly control documentation by the CEO and CFO in conformity with the ethics that relate to operating and financial risks. This aspect is vital because it will ensure that the company production and management are in accordance with the set rules and responsibilities by the governing bodies (Australian Pharmaceutical Industries annual reports, 2016). Impact of corporate governance in the company Good corporate governance can have a broader impact on both listed and no listed because it is essentially about enhancing transparency and accountability within prevailing systems. According to the company, one of the most fascinating developments in the last decade has been the manner in which the aspect of corporate governance label has been employed to define accountability and governance issues being the business sector (Deegan, 2013). This can be misleading and confusing as Australian cooperate governance has been developed and built so as to deal with the governance of registered corporations bodies and not intended to cover all forms of organizations that might have a different framework of accountability. Australian Pharmaceutical Industries Limited basically promote holistic practices of working that includes but not restricted to continuing to provide worker assistance programs, eldercare kits, childcare kits and supporting a parental sabbatical return to work measures and providing a parental sabbatical return to work gear (Schroeder, Clark, and Cathey, 2013). APIs corporate governance structures often include the following documents: Corporate governance report that stipulates the roles and responsibilities of the board and management (Mason, Simmons, 2014). Australian Pharmaceutical Industries Limited Constitution Agreements for Risk and Audit Committee, Board, Remuneration commission and Nomination commission (Australian Pharmaceutical Industries annual reports, 2016). Diverse policies that encompass code of ethics and conduct, conformity, continues revelation, securities transaction and shareholders communication for Australian Pharmaceutical Industries Limited. Frequently Asked Question in Australian Pharmaceutical Industries Limited 2. This part encompasses the most frequently asked questions by both new and existing customers. In this case, customers will attempt to find viable information from the managers in charge of diverse departments before making any order or purchasing any of the company product or service (Holland, Albrecht, 2013). Diverse questions have been identified on the company website as some of the most asked questions. In this case, if a shareholder seeks to change his or her contact details in relation to the shareholding in Australian Pharmaceutical Industries Limited, he or she will have to notify the Boardroom Pty Limited since it is the companys share register and it basically manages all the shareholder's details. 3. Consequently, the shareholder will also visit the share registry page for the Boardroom Pty Limiteds contact information. According to the company website, if an individual or a shareholder seeks to check API share price with the Australia Security Exchange (ASX), Australian Pharmaceutical Industries Limited often uses API as the ticker symbol. The company share prices can be monitored on the company homepage and that there is often a 20 minutes delay in the price quotation (Holland, Albrecht, 2013). If I had shares prior to the company being listed on the ASX how do I calculate their original value? The company website also stipulates that if an individual or shareholder has share prior to the business being listed on the ASX, he or she must contact API for this case with the information in order to confirm the applied price. This is because Australian Pharmaceutical Industries Limited is a corporation that basically had share issues to pharmacists before being publicly listed. 4. Australian Pharmaceutical Industries Limited was publicly listed on the ASX in 1997 as the company was first established in 1910 primarily to engage in the wholesale distribution of pharmaceutical health, medical, lifestyle and beauty products to pharmacies across Australia and New Zealand and other regions (Mason, Simmons, 2014). The company was also initiated to offer wholesale delivery of products, marketing programs, business advisory services as we as retail services to diverse pharmacies across the region. In FY2004, Australian Pharmaceutical Industries Limited acquired new price retail as part of the strategy to become more emphasized to the customers. 5. The new price retail basically owned the products of Priceline Pharmacy, Priceline and Price House and Attack. According to the company, it sold off Price Attack and House shop in the FY2007 because the unit was considered non-core and provided low revenues (Mason, Simmons, 2014). Priceline franchise model acquisition in 2004 was basically dedicated to helping women look good, feel great and also live well. This was one of the most asked questions according to the company website because the customers often seek to know the time one of its renowned retail franchise was acquired. Bibliography Australian Pharmaceutical Industries Limited annual reports. 2016. Retrieved from https://www.api.net.au/investor/annual-reports/ Deegan, C., 2012. Australian financial accounting. McGraw-Hill Education Australia. Deegan, C., 2013. Financial accounting theory. McGraw-Hill Education Australia. Ferrell, O. C., Fraedrich, J., 2015. Business ethics: Ethical decision making cases. Nelson Education. Holland, D., Albrecht, C., 2013. The worldwide academic field of business ethics: Scholars perceptions of the most important issues. Journal of business ethics, 117(4), 777-788. Khan, A., Muttakin, M. B., Siddiqui, J. 2013. Corporate governance and corporate social responsibility disclosures: Evidence from an emerging economy.Journal of business ethics,114(2), 207-223. Mason, C., Simmons, J. 2014. Embedding corporate social responsibility in corporate governance: A stakeholder systems approach.Journal of Business Ethics,119(1), 77-86. Schroeder, R.G., Clark, M.W. and Cathey, J.M., 2011.Financial accounting theory and analysis: text and cases. John Wiley and Sons.