Tuesday, November 26, 2019
How to Answer the How Would You Fire Someone Interview Question
How to Answer the How Would You Fire Someone Interview Question It sounds counterintuitive to discuss firings in a job interview, right? Ordinarily, you might be asked to explain any firings in your own past- but you might also be faced with a question about firing others. Have you done it? How did you do it? If you havenââ¬â¢t done it, could you do it? How would you do it? Pretty macabre turn for the interview to take, but if it happens, donââ¬â¢t sweat it- here are some strategies you can use. DO understand why youââ¬â¢re being asked.Itââ¬â¢s unlikely that the interviewer is thirsty for corporate blood, and looking for a kindred spirit. Rather, firing people is an unfortunate fact of life at any company. If youââ¬â¢re interviewing for any kind of management position, or a position that has the potential to grow into management level, itââ¬â¢s a valid test of your future management skills.If you recoil and say, ââ¬Å"Oh, I could never fire anyone,â⬠you could look like a pushover. If you go the opposite way and talk about how much you love firing people, you could come off more like a sociopath than a tough boss.DONââ¬â¢T try to seem like a shark.This isnââ¬â¢t a test to see how badass you can be. Itââ¬â¢s a test to see how you would handle a real-life situation. You donââ¬â¢t get extra points for making the metaphorical fired person cry, so make sure you keep a neutral, professional tone. Very few companies are looking for a tyrant to fill a position.DO emphasize that you wouldnââ¬â¢t arrive at the decision lightly.Make sure the interviewer knows that you would monitor the situation closely, and fire someone as a last resort. This is kind of a backdoor test of your problem-solving skills. If you have a real-life example of having to fire someone in the past, talk about the process that led up to the decision, and how you handled it. If it didnââ¬â¢t have a great outcome, donââ¬â¢t lie- talk about what youââ¬â¢d do differently in the future.DONââ¬â¢T run down a laundry lis t of everyone youââ¬â¢ve fired.If youââ¬â¢ve left a ton of firings in your wake, that could be a major red flag for the interviewer: why has this person made so many bad hiring decisions that led to necessary firings? Instead of running that risk, use specific relevant examples that show the firing as a good management decision for the benefit of the company and/or your team. The interviewer is most interested in process here, so pick quality examples that donââ¬â¢t make you look like a manager who canââ¬â¢t manage a competent and harmonious team.DONââ¬â¢T be mean if youââ¬â¢re asked to ââ¬Å"fireâ⬠the interviewer.If youââ¬â¢re asked to give a demonstration of a potential firing, be sure to be firm with the person and make the reasons clear. Donââ¬â¢t let the role-playing get loud or out of hand, even though itââ¬â¢s just for show. This is not the time to channel your inner Donald-Drumpf-circa-The Apprentice.So, to recap: be firm but empathetic in a ny examples you provide (real or hypothetical), and always emphasize the process you would use to arrive at the decision.
Friday, November 22, 2019
How Insulin Was Discovered
How Insulin Was Discovered The experiment that led to the initial discovery of insulin- the hormone manufactured in the pancreas that regulates the amount of glucose in the blood- almost didnââ¬â¢t happen. How Insulin Almost Wasnt Discovered For years scientists have suspected that the secret to controlling elevated levels of glucose lay in the inner reaches of the pancreas. And when, in 1920, a Canadian surgeon named Frederick Banting approached the head of the University of Torontoââ¬â¢s physiology department with an idea about finding that secret, he was initially rebuffed. Banting suspected a mysterious hormone was being produced in a section of the pancreas called the islets of Langerhans. He theorized that the hormone was getting destroyed by the pancreasââ¬â¢ digestive juices. If he could shut down the pancreas but keep the islets of Langerhans working, he might find the missing substance. Fortunately, Bantingââ¬â¢s persuasive powers prevailed and department head John McLeod gave him lab space, 10 Langerhans hormone before it could be isolated. If he could stop the pancreas from working, but keep the islets of Langerhans going, he should be able to find the stuff!à experimental dogs, and a medical student assistant named Charles Best. By August of 1921, Banting and Best succeeded in extracting hormones from the islets of Langerhans- which they called insulin after the Latin word for island. When they injected the insulin into dogs with high blood sugar levels, those levels dropped quickly. With McLeod now taking an interest, the men worked quickly to duplicate the results and then set about running a test on a human subject, 14-year-old Leonard Thompson, who saw his blood sugar levels lower and his urine cleared of sugars. The team published there findings in 1923 and Banting and McLeod were awarded the Nobel Prize for Medicine (Banting shared his award money with Best).à On June 3, 1934,à Banting was knighted for his medical discovery. He was killed in an air crash in 1941.
Wednesday, November 20, 2019
Social Media as an Effective Marketing Channel Essay
Social Media as an Effective Marketing Channel - Essay Example This paper illustrates that there are many types of social media that help people communicate with each other and develop business relationships. However, social media mainly refers to the social networking websites that play a dynamic role in the personal and professional lives of people. Some of the main business benefits of using social media include the provision of an effective marketing platform, ability to reach large audiences, and improved customer service. Social networking websites are playing a valuable role as effective marketing channels for all types of companies whether large, small, or medium-sized. With the advent of the social media as an effective network for marketing and advertising, companies started using social networking websites for achieving the better response, as well as to provide customer service through an enhanced level of interaction with the customers of the company. ââ¬Å"The main goal of social media marketing is to ensure high participation of target audience in campaigns and content shared by the companyâ⬠. It is imperative for a company y to know the needs and demands of the customers for the provision of best products and services. Managers use a range of tools to gather required information because, without the information of customersââ¬â¢ requirements, it is not possible for a company to deliver customer value properly. Social media marketing helps managers and concerned employees in contacting the customers of the company directly to know their requirements and preferences. Today, many small and large companies form manufacturing and retail industries are focusing on the use social media marketing to customize their products in accordance with the customersââ¬â¢ preferences, as well as to deliver their message in a more effective and conventional way to the target audience. Social media marketing refers to marketing using social networking websites and other forms of social media.
Tuesday, November 19, 2019
Discussion Board 1-2 Research Paper Example | Topics and Well Written Essays - 250 words - 1
Discussion Board 1-2 - Research Paper Example h a 2005 estimate showing more than 32 million Americans suffer addiction disorders (excluding tobacco addiction), more studies have become necessary (James & Gilliland, 2005). Over the years, public policies, especially those regarding alcoholic beverages established that the problem with alcohol use lies in the abuser and not the beverage. Although this stand shaped policies that either legalized or illegalized certain beverages, it also called for specialized ways to explain the etiology of addiction. However, none addressed the entire field of addiction comprehensively, neither were they dismissed as being incorrect. Therefore, experts in the field had to come up with more than one etiology, which served the mutual role of complementing each other. To that end, they came up with etiologies that attempted to explain addiction from various perspectives including moral, socio-cultural, psychological, disease and family. The most significant reason for having more than one etiology is for a wider and better understanding of addiction in an attempt to make plans in diagnosis and treatment as effective as possible. The scope of addiction itself is too wide f or a single etiology, with each aspect calling for its own kind of
Saturday, November 16, 2019
Tessellation Patterns Essay Example for Free
Tessellation Patterns Essay A tessellation is ââ¬Å"the filling of a plane with repetitions of figures in such a way that no figures overlap and that there are no gapsâ⬠(Billstein, Libeskind, Lott, 2010) . Tessellations can be created with a variety of figures, including triangles, squares, trapezoids, parallelograms, or hexagons. Tessellations use forms of transformations to show the repetitions of the figures. The transformations can includes translations, rotations, reflections or glided reflections. Any student would be able to create their own original tessellation by piecing together a variety of geometric shapes in a repetitive pattern by a transformation, either by hand or on a computer. The tessellation that I have created includes hexagons, squares, and triangles. I placed the squares and triangles around the hexagon to fill in the open spaces; this is to ensure that it is a complete tessellation. I did that because I found it to be very eye catching and adding the colors makes it a visually stimulating piece. This tessellation has the transformation of translation. Each shape is moved from one point to another in a straight line. The line can either be up or down, left to right, or even diagonally, but the shape itself is a copy of the original. The different colors of the hexagons allow you to see where the repetition occurs. Tessellations have been found in real-life. Soccer balls, plaid clothing, honey combs, and brick lying are examples of tessellations. One of my favorite things as a child was a kaleidoscope. This was a toy the when you held it the light showed a tessellation and if you rotated the scope, the tessellation would change. It was a fascinating toy for a child and it introduced them to the idea of a tessellation without knowing about them. Tessellations are a visual stimulate and cause many of happy days in my childhood and hopefully will be that way for my children as well. Reference Billstein, R., Libeskind, S., Lott, J. (2010). A problem solving approach to mathematics for elementary school teachers (10th ed.). Boston, MA: Pearson Addison Wesley..
Thursday, November 14, 2019
Polaroid Essay examples -- GCSE Business Marketing Coursework
Polaroid In March 1996, Ralph Norwood, treasurer of Polaroid Corporation, was asked to consider refinancing proposals from investment bankers of $150 million of debt due to mature in January 1997. Gary DiCamillo, newly appointed CEO of the firm,in reaction to the company's lagging share price, had set forth a new plan to agressively expoit the existing Polaroid brand, introduce product extensions, and enter new emerging markets. Before Norwood can choose a refinancing proposal, he must consider the funding needs of DiCamillo's new corporate strategy and the capital structure which would provide the lowest cost of capital and most financial flexibility. Norwood also needed to consider the maturity structure of debt. COMPANY PROFILE Nature of product Polaroid Corporation has been engaged primarily in the business of designing, manufacturing, and selling instant photographic imaging products worldwide. Since 1948, this mission has led them to develop instant black-and-white film in 1954, instant color film in 1960, and the SX-70 camera in 1972 which no longer required users to coat the developing picture. However, most revenues generated from the instant photography market were not through camera sales. Cameras were often sold on low margins to encourage film sales. By increasing the base of instant camera users the company increased file sales, its primary margin product. However, the advent of digital photography in the 1990s threatened to erode Polaroid's base of instant film camera users. Demand for Instant Photographic Services In the consumer market, demand for film on newly purchased cameras tended to be highest and then tappered off to somewhat predictable patterns. Therefore film demand often correlated to camera sales. In the commercial market, demand was derived from instant photography for indentification purposes such as I.D. badges, as well as various applications in medicine and law enforcement. The market for instant film photography in the U.S. had matured. Sales in 1994 and 1995 had fallen 2 percent and 12 percent respectively. International sales, on the other hand, offered strong growth potential. With rising standards of living and no infrastructure to process 35 mm film in many emerging market countries, there was a large untapped market for instant photography. Polaroid's cameras were in high demand. Growth in int... ...over, the company's EBIT coverage ratio would shift downward. If Norwood, were to reduce the company's debt requirement to under $690.47, Polaroid would maintain its investment-grade bond rating and benefit not only from a lower cost of debt, but also from a lower cost of total captial as shown in Appendix B. In addition, Polaroid's EBIT would remain above 2 over the next 5 years. Norwood could also raise the bond rating to A if he were to reduce the required debt amount to $574.47 million. At this level of debt, the company's EBIT coverage ratio would shift upward even more and remain above 4 over the next 5 years. Yet, lowering the amount of debt used would also raise the company's WACC. RECOMMENDATIONS Norwood should choose to maintain the company's current bond rating of BBB. Allowing Polaroid's bond rating to drop to BB could not only cause damage to the firm's brand name, but it would also increase the company's total cost of capital. Polaroids current level of debt financing surpasses the benefits of debt. Although it increases the company's credit worthiness as measured by their EBIT coverage ratio, it also raises their WACC do to the increased risk of default.
Monday, November 11, 2019
Change and Continuity in Constantinople
Constantinople was a city with a long a diverse history especially through the years of 1450 to 1750. Between these to dates Constantinople changed drastically in its political structure. Constantinople also had a tremendous chance in its trade activity. Innovation both militarily and nonmilitary within this city however remained virtually unchanged between 1450 to 1750. In short Constantinople transformed itself between 1450 to 1750 in the fields of government and business, but remained constant in its technological advancements. In the area of politics the chance of Constantinople couldnââ¬â¢t have been more drastic in the years between 1450 and 1750. In1453 the Byzantine Empire fell to the Ottoman Empire in the siege of Constantinople. This in turn allowed the Ottoman Turks to take Constantinople and completely defeat the rest of the remaining Byzantine Empire. The Ottoman Empire renamed the city to Istanbul and made it one of there capitals of there empire that ruled most all of the Middle East. The city was extremely vulnerable to attack because of the forth crusades that sacked the city and heavily depleted its population and allowed ottomans to take it. This new government allowed for the growth of religions, even make Constantinople a once Christian stronghold to a predominantly Muslim city. This new government also allowed for a large rise in population going from a few thousand in the 15th century to the over half a million in the 18th century. This was caused by an increase of culture and artwork due to the leadership of Suleiman the Magnificent. The other massive change in Constantinople between 1450 to 1750 was the amount of trade that was preformed. The lack of trade was because of Ottoman conquering of the city in 1453. This capture of the city created total dominance of the Middle East created a regional block of all trade routes effectively creating an Ottoman trade monopoly which allowed the Ottomans to charge whatever they wanted, this made it unprofitable to trade for the Asian goods that Europeans wanted so bad. This was the largest reason for the Europeââ¬â¢s age of exploration. The simple fact that the prices were too high making trade impractical causing a lack of trade and Europeans looking to the sea for trade with Asia. This in contrast with the previous large amounts of trade that use to go through Constantinople because of its great location between the Black Sea and the Mediterranean. Those most elements of the city of Constantinople were changed by the new empire that ruled it the one thing that stayed the same was the technology that was used in Constantinople. The Ottoman Turks were very regressive and didnââ¬â¢t embrace new technologies. This lack of progression caused by the Ottoman conservative clergy plus the lack of trade cause a lack of diffusion and a lack of advancements in there society. This all the while the rest of the world was making leaps and bounds forward. This was what caused the long term demise of the Ottoman.
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