Case study - Financial Report on Candescent Partners buying Physician

- Financial Report on Candescent Partners purchasing Physician rehearses - Case Study Example In addition, this speculation approach is gainful for the organization to concentrate more on business extension and in this way draw nearer to its drawn out business objectives. Presentation Candescent Partners, LLC is a speculation/the board organization had some expertise in business extension exercises like buyouts, development capital, center market, mezzanine obligation ventures, and recapitalization. The organization was established by Steve Jenks and Sandy McGrath in 2009 at Boston in the United States. The organization is intrigued to put resources into social insurance, IT part, programming administrations, purchaser items, and business and innovation empowered administrations. Candescent Partners is investigating venture openings in US and Canada based organizations. According to its venture strategy, the company’s speculations may go from $2 million to $30 million and the firm will in general put resources into organizations having an income scope of $10 million - $50 million, EBITDA somewhere in the range of $2million and $10 million, and an undertaking an incentive between $10 million and $75 million (â€Å"Company Overview of Candescent Partners†). Candescent Partners keeps up a board seat in organizations where it has ventures. It is fascinating to take note of that the association raises assets for ventures through close to home capital. This paper will concentrate on the medicinal services division speculations of the Candescent Partners by giving explicit reference to the money related parts of purchasing doctor bunch practices, for example, Koch Eye in RI. Candescent Partners’ Investments in Healthcare Currently, the association has dealt with a sum worth over $600 million of private value interests in 44 private developing organizations (Candescent Partners site). In this, a striking percent of private value speculations is represented social insurance innovation and administrations. A portion of the significant doctor rehearses purchased by the firm are portrayed underneath. 1. Koch Eye Associates Koch Eye Associates, one of the main suppliers of far reaching vision care benefits in Rhode Island, was obtained by Candescent Partners in January 2012. Candescent Partners drove this business procurement in relationship with other co-financial specialists including Pine Street Capital Partners, First New England Capital, Bush O’Donnell Capital Partners, and BCA Mezzanine Fund, LP. The Koch Eye Associates has its own medical procedure community and offers vision care administrations going from essential optometry to LASIK and waterfall medical procedure. What's more, the association

Organizational Behavior Role in the Organization Performance

Presentation Organizational conduct can be seen as the manner by which people, gatherings and the structure influence (and are influenced) by the conduct inside an association. The hierarchical conduct assumes an essential job in deciding the exhibition of an association. An away from of the idea of authoritative conduct can fundamentally influence the efficiency of an organization.Advertising We will compose a custom research paper test on Organizational Behavior Role in the Organization Performance explicitly for you for just $16.05 $11/page Learn More A decent comprehension of hierarchical conduct inside an association can essentially help in diminishing issues like non-attendance, representative turnover subsequently improving profitability, and expanding worker work fulfillment. Robbins and Judge (2010) saw that inspiration have an incredible effect in creating employees’ states of mind and feelings, which may decide their exhibition in different territories inside an ass ociation. Conversation The capacity to perceive one’s viewpoint or mental system is itself a crucial administration dynamic. This comprehension is significant in an association as it helps in improving the general efficiency levels. As a representative, one of the significant describing issues I face in an association is non-attendance. This issue is exceptionally predominant in our association, which has countless workers. Subsequently, the organization has lost a lot of assets through non-attendance. This conduct has been predominant in our association, a circumstance that has brought about much productivity in the association. There are a few different ways through which this issue can be survived. One of the best ways is by incorporating viable authoritative conduct angles in the organization’s activities. This can help in advancing positive conduct among the workers by expanding the general execution. One of the fundamental parts of authoritative conduct is the hi erarchical culture. Authoritative culture fundamentally decides the manner in which workers act in an association. It is important to improve an authoritative culture that will assist with expanding the profitability of representatives while limiting the all out costs. Hierarchical culture bonds workers together as one, a thing that encourages acknowledgment of authoritative objectives. This nearby bond additionally rouses representatives to progress in the direction of the acknowledgment of organization’s targets and missions. All the while, the degree of non-attendance will be limited. Culture affects individuals from an organization.Advertising Looking for explore paper on business financial matters? How about we check whether we can support you! Get your first paper with 15% OFF Learn More It can impact the conduct of people in a hierarchical situation in various ways. Nonetheless, culture is a result of proceeded with communications among the individuals and is molded by the people’s conduct. At the end of the day, culture mirrors the conduct of a specific gathering of individuals. In each association, change is significant in keeping up a top performing association. As a worker, it is essential to figure out how to adjust to hierarchical change. Hierarchical change is a significant factor in authoritative conduct. It is essential to encourage the important changes so as to advance worker responsibility in the work place. Be that as it may, associations may change in a way that the new changes advance representative wrongdoing. In each association, hierarchical change assumes a huge job in deciding the organization’s achievement both in the long haul and present moment. In the advanced business world the degree of intensity of an association is dictated by its capacity to deal with fundamental changes in its activities. The procedure of progress isn't in every case simple as one would might suspect. It includes alterations in an assoc iation, which may influence everyday exercises. As a representative, one should shape their conduct so that they are in accordance with the authoritative objectives. Culture is vital in each association, culture assumes a significant job in coordinating the lead of representatives. Representatives will constantly will in general carry on as indicated by the social determinations inside an association. For example, if there is an inclination for employees’ inability to answer to the working environment, at that point this pattern will create lastly will be joined into organization’s culture. At the point when the way of life grows, even new workers will in general embrace the way of life through communication with different representatives. This suggests this culture may have long haul impacts in an association. Improvement of the way of life of non-attendance will in this manner impactsly affect an association. One of the most amazing parts of the authoritative culture is that we can experience comparative associations under a similar domain and now and again with comparable innovations yet with various hierarchical societies. As effectively noted, authoritative culture helps new representatives in an association to know the right manner by which to lead their behavior.Advertising We will compose a custom research paper test on Organizational Behavior Role in the Organization Performance explicitly for you for just $16.05 $11/page Learn More This altogether decreases wasteful aspects that are related with ingestion of new workers. Along these lines, making and supporting a culture in associations is significant in advancing the accomplishment of different associations. Associations should give a basic consideration in making just as supporting authoritative culture. Inspiration Another path through which this issue can be tackled is through inspiration. The pace of non-appearance can be decreased altogether if the association can receive the fund amental inspiration measures. Spurred representatives will in general report to the work place in like manner. There are a few different ways through which representatives can be propelled. The decision of the inspiration estimates will be controlled by the predominant conditions. Inspiration can be characterized as the arrangement of reasons that influences one’s choices to connect with themselves specifically practices. At the point when representatives are inspired, they will turn out to be progressively dedicated to their separate obligations since they accept that their difficult work is perceived. They will be persuaded to work more enthusiastically so as to boost the profits of an association. At the point when their endeavors are perceived, workers will get a feeling of personality with an association. They will by one way or another have feeling of responsibility for association. Thusly, they will be resolved to meet the authoritative objectives. Over the long haul, the organization’s gainfulness will increment from the expanded worker profitability. One of the routes through which workers can be propelled is through pay. In each association, laborers assume a crucial job in advancing its prosperity. The more gainful the laborers, the better will be the exhibition of an association. Be that as it may, workers need inspiration so as to keep up a significant level of execution (Schermerhorn, Hunt and Osborn, 2008). One path through which this should be possible is through pay. Remuneration is the prize to representatives for the measure of work they have done in a particular timespan. Through pay, representatives feel increasingly connected to their association and they won't be urged to skirt their obligations without fundamental reasons. In the advanced world, people’s see on worker pay has essentially changed. In the former times, individuals were increasingly worried about the wages with less consideration given to the working c onditions. This is notwithstanding of the huge effect the workplace can have on the general execution of representatives. No much consideration was paid with an end goal to spur employees.Advertising Searching for examine paper on business financial aspects? How about we check whether we can support you! Get your first paper with 15% OFF Find out More Truth be told, representatives were seen like some other instrument in the association that can without much of a stretch be supplanted. As such, workers were not esteemed in those times past. This may prompt expanded propensity of truancy in an association. With time, the circumstance has totally changed. Representatives are increasingly worried about the workplace that has constrained the businesses to give more consideration on the measures that prompts worker inspiration. These progressions were activated by expanded instances of strikes; viciousness, work questions, work delayed down and non-appearance. Thusly, this hosts constrained managers and other concerned gatherings to put more accentuation on the issue of representative inspiration. So as to have the option to persuade their workers viably, it is significant for an association to utilize the suitable administration practices and practices. The executives practices and practices is one of the most proper devices that can be utilized to build the employee’s efficiency and upgrading worker resolve and responsibility, which helps in diminishing the pace of representative truancy. Regardless of these favorable circumstances of representative inspiration, the procedure is looked by various issues. These issues have essentially influenced the accomplishment of employees’ inspiration. For example, all together for any association to have a fruitful worker inspiration process, it needs to dole out a significant measure of cash. It will cost an association, for example, to purchase presents for the representatives or to complete any motivator so as to rouse representatives to work more enthusiastically. Much of the time, it turns out to be hard to quantify the profits that a specific worker inspiration practice will bring to an association. For instance, what amount of will an association gain for each unit of assets apportioned to worker inspiration? This inquiry achieves con

Research Paper Writing Services: How to Prepare Your Own Paper

Research Paper Writing Services: How to Prepare Your Own PaperIf you are currently looking for research paper writing services in order to prepare your latest exam, then you should take note of some important considerations. First, you should consider the time it will take you to actually produce the work. Furthermore, you should keep in mind that the results of your research paper writing services will depend on the type of submission it is. So, you have to think about the type of style of the paper that you want.Now, if you are a junior in high school or college, you can write a paper according to the normal style. Of course, this will not only be an effective way to perform research paper writing services but also it will be a good way to hone your academic skills. However, if you are already an adult, you have to consider how you can determine the type of paper you want to write and what kind of format it should have.For example, a student's essay may contain lots of facts and fi gures. This is not something that a parent can write. Moreover, if you are a faculty or a teacher, you can definitely do research paper writing services for an exam instead of directly submitting your paper.The results of your essay will depend on the style you want to use. In addition, if you have taken up writing as a hobby, you can prepare a short story instead of submitting a formal essay in order to submit it for a competitive exam.So, it is no longer hard to decide on research paper writing services when you have decided to do it as a hobby. However, in order to prepare your study material in a good manner, you should consider what you want to make of your results and what you will need to do in order to make it appear more convincing.Lastly, if you are writing an essay to defend yourself in front of your professor, you can incorporate some points that he would not have prepared for you in order to get out of your marks. You can find many of these essays online, so you can def initely check it out yourself to know how you can best prepare it.These are just a few of the tips on how you can handle research paper writing services when you want to do it for your own purpose. Also, if you are still a beginner on the topic, you can simply search the internet for free papers that you can compose on your own.

A Phenomenon Of Renaissance - Free Essay Example

Sample details Pages: 4 Words: 1302 Downloads: 6 Date added: 2019/05/28 Category Art Essay Level High school Tags: Renaissance Essay Did you like this example? One recalls the not-so distant polemics around the place of Islam in the European Renaissance. What if Europe did not owe its knowledge to Islam? Many historians reject the idea that the science of the Greeks has been transmitted to the West by the Muslim world. Contrary to the crescendo that has been repeated since the 1960s, European culture, in its history and development, has much to do with Islam. Don’t waste time! Our writers will create an original "A Phenomenon Of Renaissance" essay for you Create order The division of the world between the West and the East goes back to ancient Greece, and for a thousand years, it has played out an eternal confrontation between two conceptions of the world. During the Middle Ages, two civilizations faced each other. One mixed Greek heritage with the message of the Gospels, the scientific spirit rooted in a religious tradition of which the Church was the guarantor. The other was the daughter of the Book of God, the Uncreated Book. It was primarily moored to its central axis, the Quran. And it is, of course, in France that the Renaissance appeared. It represented for this nationalist historian a break with the dark age of the Middle Ages, a victory of the ideas of Reason, Truth, Art and Beauty. The Renaissance is truly the definitive portrait of an Italian phenomenon of the fifteenth century. This therefore allowed the creation of the modern individual characterized by the revival of classical culture. This vision shaped our imagination and led us to understand the Renaissance not as a historical period but as a spirit that seems to define more the ideal of these intellectuals for the nineteenth century than the historical reality. One of the problems with these classical definitions of Renaissance is that they celebrate the achievements of European civilization to the exclusion of all others, especially where laws applied to guard humanity (Code of Hammurabi). Introducing The Persian Empire as a celebrated culture, because of its particularly intelligent way in governing. Each province was governed to the nine, which is perfectly reflected in how Hammurabi sought to keep his law down to each detail, â€Å"These judgments of righteousness did Hammurabi the mighty king confirm, and caused the land to take on a sure government and a beneficent rule (Code of Hammurabi 3). Driven by success, organized and logically placed governance set the stage for western society to take after. The Persian government system further created social as well as political examples for empires that would later rise into society. Beginning with the greatest empire yet, the Persian Empire, King Cyrus began expanding the boundaries of Persia into the neo-Babylonian empire – one of the greatest early western civilizations. Through expanding its boundaries, the Persians focused on increasing trade throughout their kingdom. The Persian Empire became an extraordinary empire that was multi-lingual, multi-faith, and carried much political loyalty. By standardizing weights, officiating coinage, and implementing societal laws, the Persians opened doors to opposing nations and beyond. It is not a coincidence that the period in which the term, Renaissance, was invented was also the moment in history when Europe proclaimed with the greatest aggressiveness its imperialist domination of the globe. Translated in English, in On the Harmony of Religions and Philosophy, Ibn Rushd introduced the idea that philosophy works together with religion to develop the notion of a synthesis of faith and reason. This Islamic philosophy heavily influenced the west and further suggested the idea that God exists independent of bible. Until the eighth century, Greek philosophy was seen with great suspicion. Conservative thinkers in the west explicitly believed that scripture, like the bible, was the only proof of the relationship between God and his creation. Western thinkers were unable to see the study of philosophy, where reason is understood as the standard for themes like morality and religion. Faith and reason are heavily dependent on sacred writings backed by a theoretical rationa le. Inspired by this philosophy, the west gained the idea that you did not have to be Christian to have a conception of God. The concept that it is vital that you account your own journey of faith, because â€Å"it is necessary for one who wants to know God as He ought to be known to acquaint himself with the essence of things, so that he may get information about the creation of all things† (Ibn Rushd). This was the dawn of the philosophical idea that inspired thinkers like St. Thomas Aquinas to believe that faith comes after reason, and further faith enables a person to understand what couldn’t be understood through the previous theories of religion alone. The exchanges with the Ottoman Empire, however, have profoundly changed the tastes and possibilities in the west of the continent and contributed to the birth of the modern world. Oriental imports covered a wide range of products, from cotton spices, satin carpets, tulips to porcelain and horses, pigments, and so on. The palette of painters has also been enlarged and brought to the paintings of the Renaissance the bright blue and red that characterize them. It is the Arab and Islamic trade practices that have spread, and imposed the Indo-Arab figures, the use of the comma the signs of addition (+), subtraction (-) and multiplication ( x). Not only objects from the east that were shown on the paintings (including inscriptions in Arabic on the Virgins clothes), but also the painters themselves. A case in point is the many artists who went to Istanbul and reported motifs inspired by Ottoman and Persian traditions. The flows in the scientific field, especially from East to West, were no less dense. Even the fall of Constantinople in 1453 was seen with moderation by many Christians. The period of the fifteenth and sixteenth centuries was, therefore, that of a tremendous commercial and financial boom, a breathtaking dynamism of which all the protagonists were aware. It was the breeding ground of humanism that was part of that era in which enrichment, power and greed were glorified. The very practical concerns of humanists are brought to light by the Italian writer Petrarch, who advocated both the personal quest for philosophical truth and the practical ability to operate effectively in society through rhetoric and persuasion. Montesquieu was a French writer that voiced his strong opinions about the Parisian society through the Persian Letters. This series of 161 letters reveals the true jealousy and wit the French had towards the Persians during the late eighteenth century. True criticism is revealed within the letters, as concise and clear statements are made to express the Europeans’ high grade of self-esteem. From the western point of view, people thought â€Å"[The King of France] has often been heard to say that of all the governments of the world, that of the Turks or that of our own august sultan pleased him most, so greatly he affected the oriental style of politics† (Montesquieu 1). The text, thereafter, criticizes Middle Eastern society in their ways of politics, culture, religion, and social structure. The so-called cultural domination over non-Western people forever inspires the future of the West to live up to these unrighteous virtues of superiority. Montesquieu therefore is t he initial culprit of Western thought of domination over foreign countries – in this case, the Middle East. The deeply rooted culture of western world is considerably thought to be original and ever so inspired by their earliest civilizations. Many unfortunately look past the Middle East’s incredible sciences, math, social conduct, great thinkers, scholars, and innovations. Orientalism, an idea introduced by Edward Siad, truly transformed the vision of the relationship between the West and East. Understanding that western culture was to believe that the Middle East was essentially timeless, further helps us understand that this was just a faà §ade. Through the exchange of ideas through conquest and trade, we are now able to grasp that notion the west acquired great inspiration from the Middle East.

Analysis on the Bride Comes to Yellow Sky Essay - 623 Words

Analysis of The Bride Comes to Yellow Sky Set on the Texas frontier, â€Å"The Bride Comes to Yellow Sky† is a short story in which the setting plays a major role in symbolizing the changes in western civilization, as the East flows into the old West. The theme of the story is that change is inevitable whether one likes it or not it is going to eventually happen. This story uses symbolism to put images in our minds of the old West and the new West as well as how the characters are portrayed throughout the story. In part one, Crain uses Jack Potter, the protagonist traveling from the old West, which is somewhat civilized, to meet and marry a woman that is older and more civilized from the East. The writer then uses their travels on a†¦show more content†¦Scratchy is also referred to as a â€Å"spectacle† (249) meaning he is similar to a child putting on a show. In part four the focus is on Jack and his new bride walking â€Å"sheepishly†(249) meaning that they both feel consciously at fault or embarrassed for their marriage. Scratchy is portrayed as having the attributes of a snake in the sentence â€Å"gazing at the apparitional snake† and as he â€Å"thrust his revolver venomously forward† (249). Through the marriage of Jack and his new bride Scratchy â€Å"was like a creature allowed a glimpse of another world† signifying that he can finally see civilization settling into the new West. Then Scratchy calls off the gun fight knowing there is nothing left for him in the old West and he must become more civilized. One can see that symbolism is strongly used throughout the story to represent eastern civilization approaching and enveloping the West as the West becomes more civilized. The symbolism is seen mainly through the setting of the story and the marriage of Jack and his new bride. We can also tell the character of the people in the story through visuals of their attire and how the narrator describes this in theShow MoreRelated Character and Setting Analysis of Bride Comes to Yellow Sky Essay729 Words   |  3 PagesCharacter and Setting Analysis of Bride Comes to Yellow Sky Setting and characters go hand in hand in The Bride Comes to Yellow Sky. With Each new setting there is at least one new character development. A new setting in each part of the story makes for diverse settings and characters. From a train leaving San Antonio to around the corner in a small town in Texas, a drunken gunslinger to negro waiters, this story has it all. This story begins on a train specifically in a parlor car. 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DavidRead MoreFactors Affecting the Cultural Beliefs of Tagakaulo Tribe in Southern Mindanao7929 Words   |  32 Pages124,698 based on 1987 census of Lumads in Mindanao (Santos, 2007). AFRIM (2007) conducted a census of the Tagakaolo in Soccsksargen last 2007 and come up with the total population of 12,336 while in Southern Mindanao, the population is 212,285. Santos (2007) elaborated that members of the tribe can be recognized by the close fitting suits of red and yellow striped cloth. The majority of them have hair curled in locks. 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Different Types of Management Styles free essay sample

Law enforcement management is a process of deciding goals and objectives, adopting a work plan to accomplish them, obtaining and wisely using resources and making decisions that result in a high level of performance and productivity. Difference in Authority, Responsibility, and Delegation: Authority, law, and delegation are key factors in any organization. Authority is the power to enforce laws, exact obedience, and command. It is the legal right to get things done through others by influencing behavior. Responsibility means being answerable, liable, or accountable. Thus managers have the authority to give commands, and subordinates have the responsibility of carrying out commands. This authority-responsibility structure is in keeping with the paramilitary organization that traditional police management is modeled after. Delegation, or transferring authority, is a necessary and often difficult aspect of management because it requires placing trust in others to do the job as well as, or better than, the manager would do it. Seagull Management: manager hears something’s wrong, flies in, makes a lot of noise, craps on everybody and flies away. Characteristics of Effective Managers: Successful managers have: clear goals, a commitment to excellence, feedback, and support. In addition to these basic skills and tools, effective managers usually possess characteristics that help them succeed. Management Style Theories: â€Å"Theory X/Theory Y† – Douglas McGregor: Mangers act toward subordinates in relation to the views they have of them. Theory X views employees as lazy and motivated by pay. Theory Y views employees as committed and motivated by growth and development. The humanistic approach reflected in Theory Y is more effective in today’s work world. â€Å"Four System Approach† – Rensis Likert: System 1) is the traditional, dictatorial approach to managing people. This system generally exploits employees, and uses coercion and a few economic rewards. Communication flows downward from the top, and this is little to no feedback. System 2) is similar to system 1, except that economic rewards replace coercion. Some information on organizational development is permitted but not in opposition to management’s control. System 3) is more liberal, uses employee initiative and gives employees more responsibility. System 4) is participative management (the opposite of system 1). Final decisions are made by management but only after employees have added their input. Communication flows through the organization, and there is much feedback. Also includes team management, which is widely used today. â€Å"Mature Employee Theory† – Chris Argyris: Organizations and individuals exist for a purpose. Both are interdependent: organization provides jobs, and people perform them. Managerial/Leaderships Grid Theory† – Mouton and Blake: 1) Authority Compliance Management Style – the early autocratic authoritarian approach. Concern is for manager authority, status, and operation of the organization. 2) Country Club Management- managers are overly concerned with keeping employees happy at the expense of reasonable productivity. Concern for employees is utmost; concern for productivity is limited. 3) Impoverished Management – permits workers to do just enough to get by. Little real concern exists for employees or management. Little is expected and little is given. The prevailing attitude: ignore problems and they will go away. 4) Middle of the Road Management – the manager shows some concern for both employees and management but in a low key manner that is not productive. The manager is a fence straddler. 5) Team Management – The manager works with employees as a team, providing information, caring about their feelings and concern, assisting, advising, and coaching. Employees are committed to their jobs and organization through a mutual relationship of trust and respect. Goals are achieved as a team. The ideal approach. Difference between Initiating Structure and Consideration Structure: initiating structure looks at how leaders assign tasks. Consideration Structure looks at establishing the relationship between the group and the leader. Leadership Styles: Autocratic Leadership – managers make decisions without participant input; completely authoritative, showing little or no concern for subordinates. Mechanistic Model – divides tasks into highly specialized jobs where job holders become experts in their fields, demonstrating the â€Å"one best way† to perform their cog in the wheel; the opposite of the organic model. Organic Model – a flexible, participatory, science based structure that will accommodate change; designed for effectiveness in serving the needs of citizens rather than the autocratic rationality of operation; the opposite of the mechanistic model. Chapter 2 The Hierarchy of Authority: the structure of most police departments has traditionally been a semi military, pyramid shaped hierarchy with the authority flowing from the narrow apex down to the broad base. This formal organization is generally supported in writing by rules and regulations, department operational manuals and job description. Chain of Command: the order of authority; begins at the top of the pyramid and slows down to the base. Community Policing: decentralized model of policing in which individual officers exercise their own initiatives and citizens become actively involved in making their neighborhoods safer; this proactive approach usually includes increased emphasis on foot patrol. Problem Solving Policing: management ascertains what problems exist and tries to solve them, redefining the role of law enforcement from incident driven and reactive to problem oriented and proactive. Chapter 3 Stakeholders: those affected by an organization and those in a position to affect it. Goals: broad, general, desired outcomes; visionary, projected achievements; what business calls key result areas. Objectives: specific, measurable ways to accomplish goals; more specific than goals and usually have a timeline. SMART Goals and Objectives: objectives that are Specific Measurable Attainable Relevant and Trackable Functions of Managers at Various Levels: The first line level (sergeants, first line supervisors), the middle level (captains, lieutenants), the top level (chief, sheriff). At each level of management, responsibilities include planning, organizing, controlling and leading. Although the same activities are performed at each management level, the activities flow downward with each management level interacting with its subordinates. Tactical Planning: short term planning; this year’s work plans. Strategic Planning: long term planning; futuristic planning Chapter 4 Communication Process: the complex process through which information and understanding are transferred from one person to another. This process may involve written or spoken words or sings and gestures. Successful communication occurs when the receiver’s understanding of the message is the same as the sender’s intent. Jargon: nonsense or meaningless language Nonverbal Communication: messages conveyed by body language as well as tone of voice Body Language: messages conveyed by gestures, facial expressions, stance and physical appearance. Listening: the weakest link in the communication process Active Listening: includes concentration, full attention and thought Feedback: the process by which the sender knows whether the receiver has understood the message. Most feedback is direct and oral. Barriers to Communication: noise, time, volume of information, saying what others want to hear, certainty, bad word selection, prejudices, strained sender-receiver relationships Communication Enhancers: send clear messages; say what you mean and mean what you say. Select the best communication channel; focus on one-on-one, face-to-face communication, the most powerful channel available. Be open; investigate options rather than steadfastly clinging to the solution. Lines of Communication (Internal Communication): similar to channels of communication; may be downward (vertical) or lateral (horizontal) and internal or external. Downward communication includes directives from managers and supervisors, either written or spoken. Lateral communication includes communication among mangers on the same level and among subordinates on the same level. Grapevine: informal channel of communication within the agency or department; also called the rumor mill. Agenda: a plan, usually referring to a meeting outline or program; a list of things to be accomplished. Ways Police Communicate with the Community: annual reports, the internet.

UAE Country Profile

Table of Contents Introduction Political and Legal environment in the UAE Economic environment Social / Cultural Technology Hofstede country characteristics Reference Introduction The UAE is one of the most lucrative countries to invest in owing to its favorable economic policies and strong infrastructural framework. Nonetheless, social distinctions may prove difficult for foreigners to handle, if they do not learn about them beforehand.Advertising We will write a custom term paper sample on UAE Country Profile specifically for you for only $16.05 $11/page Learn More Political and Legal environment in the UAE The UAE consists of seven Emirates that operate independently; consequently, the government that one is located governs commercial activity and the use of natural resources. The central government largely decides on immigration and foreign policy issues. A foreign business person will have to familiarize himself with the laws governing a certain Emirate in order to do business legally. No elections take place in this country, and no political parties exist as the country has a hereditary system of power. Members of royal families in each Emirate have a Sheikh as a leader; these seven Sheikhs then select a President from amongst them. The UAE has established free trade zones with several nations around the world. If a businessman comes from any of these countries, then he or she can own a UAE-based business fully. The person will pay no levy for exports or imports and he or she will be exempt from taxes. If the equipment or the raw materials in production come from outside the UAE, a person does not have to pay any taxes on them (Rehman, 2009). The legal system in the UAE is a civil law jurisdiction that has elements of Roman, French and Islamic law. Nonetheless, persons from common law backgrounds may use common principles in creation and management of contracts. In the seven Emirates, federal laws exist to govern commerc ial transactions, commercial agencies and labor relations. Usually, these laws are passed as local decrees by the ruler of a certain Emirate. Economic environment The economy of the UAE rests on its oil deposits. It is the second wealthiest Islamic country owing to these oil resources. Furthermore, economic growth levels are quite promising because, over the past decade, the country has reported growth levels of 2% or more. However, certain parts of the Emirates, such as Dubai, are diversifying their economy. The Emirate is now recognized the tourist and financial hub of the Middle Eastern region. It possesses artificial Islands such as Jumeirah and also has numerous villas that tourists can enjoy. Currently, Dubai has an International Financial Centre, which allows foreigners to own 100% of their portfolio. It does not charge taxes and allows participants to own freehold space and land. The country’s economic prosperity also stems from the UAE’s reliance on foreign l abor. Approximately 80% of the population consists of expatriate workers, most of who come from the Asian continent (Rehman, 2009).Advertising Looking for term paper on political culture? Let's see if we can help you! Get your first paper with 15% OFF Learn More Employers in the UAE have been known for their abuse of workers’ rights. Many of them withhold employees’ passports throughout the duration of their contract. The Human Rights Watch group claims that UAE employers discriminate against Asian workers. Therefore, a business person who partners with locals should expect such mistreatment, but should also plan on how to deal with it. The UAE government has worked to create a lucrative investment climate. Its regulatory structures are not restrictive for foreigners. Additionally, the country has the infrastructural framework needed to support businesses efficiently. Several Emirates have minimized exchange control such that remittances can be made back to an immigrants’ home country without restrictions. Even taxation laws and tariffs are quite promising. Almost three quarters of all imports in the UAE are duty free, and one can export one’s products without paying any tariffs. With regard to freedom to trade, the UAE is position 5 in the world; consequently, foreign entrepreneurs would find the country quite appropriate for conducting business. Social / Cultural UAE citizens are predominantly Muslim, so their work week ends on Thursday afternoon and commences on Saturday. Nonetheless, certain multinationals may opt to change their working week to coincide with foreign businesses. Additionally, most businesses are closed in the afternoon during the month of Ramadan. The Islamic religion also governs most interactions with Emiratis. They expect people, especially women, to cover their bodies regardless of the heat. Foreign businesswomen should keep this goal in mind; although wearing traditional UAE clothing may off end locals as it must be worn by members of the Islamic faith. Individuals in this country detest pork or any pig products. Furthermore, men do not shake hands with women, so one must respect their practices (Rehman, 2009). Business meetings may be conducted unconventionally, according to western standards. First, the person who speaks the most during a business meeting may not be the decision maker. Therefore, foreigners should pay attention to silent individuals in the group. Additionally, an Emirati may nod or say yes when what they really imply is maybe. Since Emiratis respect ranks and titles, one should endeavor to learn about a business partner’s title prior to the meeting. Many of them will take phone calls, or welcome interruptions during business meetings, so this should be expected. Additionally, some topics are quite sensitive to the typical Emirati; these include: women, Israel or other personal questions.Advertising We will write a custom term paper sample on UAE Country Profile specifically for you for only $16.05 $11/page Learn More Citizens of the UAE speak Arabic, so communication with government bodies ought to be written in Arabic. Nonetheless, businesses communicate with each other using English. Foreign entrepreneurs would not heavily rely on translation as is the case with other Arabic countries. Technology The country has a technology and telecommunications centre at Dubai known as Dubai Internet City. This area offers businesses wireless connectivity and cutting edge technology for offices in the vicinity. Approximately one thousand companies are located in this part of the country alone. Some of the leading technology giants in the world can be found in Dubai Internet City. They include Cisco, Sony Ericson, IBM, Dell, Siemens, Computer Associates and many others. Additionally, several other service-oriented firms do business there. E-commerce is thriving in the UAE with provisions for online payme nts and deliveries among many companies. The government as well as its agencies can be easily accessed through the internet. Nonetheless, censorship issues have been reported concerning internet use. Furthermore, internet prices are not as competitive as they are in other parts of the world. Hofstede country characteristics The UAE has a high power distance score of 80 out of 100. This implies that inequality thrives in the UAE; leaders’ decisions are accepted without question. Furthermore a UAE version of the caste system exists in the country; this minimizes upward mobility of citizens (Rehman, 2009). Therefore foreign entrepreneurs should not expect democracy or diplomatic principles to operate. Emiratis have a low tolerance of uncertainty as seen through a UAI score of 68; this explains why they have instated plenty of policies, laws and regulations. Their goal is to exert as much control as possible over situations. Their masculinity index is 52, which is surprisingly close to the average of 50.2. Consequently, perceived restrictions on women may stem from their Islamic faith rather than their cultural inclinations. The individualism ranking of the UAE is 38, which is quite low. Emiratis are collectivist, and family or kinship links take precedence over individual needs. Reference Rehman, A. (2009). Dubai Co.: Global strategies for doing business in the Gulf States. London: McGrawhill.Advertising Looking for term paper on political culture? Let's see if we can help you! Get your first paper with 15% OFF Learn More This term paper on UAE Country Profile was written and submitted by user Marco Avila to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.