The Academic Stress in Accounting Students - 4494 Words

A Study on the Sources of Stress among Undergraduates in Bachelor of Accounting Program in International Islamic University Malaysia, Gombak 2nd August 2013 Abstract Study and stress are two common issues that can never be separated from a student’s life. The purpose of this research is to study the sources of stress which have been revolving around the undergraduates in International Islamic University Malaysia, Gombak. A sample of 40 respondents were used which consist the students from the Bachelor of Accounting program. The respondents were given a set of survey which was distributed in the class and via email. The results showed that the sources of stress among undergraduate students are related to academic performance pressure,†¦show more content†¦Therefore, the purpose of this research is to examine the sources of stress which have been revolving around the university students. In particular, this research will be emphasizing on the undergraduates of accounting program only. Hence, the aims of this study being conducted is to further investigate whether the sources of stress among undergraduates in Bachelor of Accounting Program in International Islamic University Malaysia, Gombak are related with the academic performance pressure, financial problems or unhealthy behavior or not. After that, the next objective of this research is to identify which of the three factors of unhealthy behavior, academic performance stress and financial status that has the strongest influence towards university students’ stress specifically among undergraduates in Bachelor of Accounting Program in International Islamic University Malaysia, Gombak. Thus, for these reasons this present study is worth being elaborated. The two fundamental research questions that can be generated from this study’s research objectives are as follows: 1. 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The Operations Management

Question: Discuss about the Operations Mangement ? Answer : Introducation The ARKAN Company is a public joint stock company located in the Abu Dhabi. The company began its operations in 2005. Arkan Company registered as ADX: ARKAN is owned by the government of Abu Dhabi and is specialized in the manufacture of construction and building products. 51% of the companys shares are owned by the SENAAT, which is the Abu Dhabis government entity with the responsibility of promoting sustainable industrial operations. The remaining, 49% of shares, are owned by the United Arab Emirate nations. The companys stocks are traded in the Abu Dhabis stock exchange market (Arkan Company, 2017). Arkan is a major player in the Gulf Countries building and construction industry dealing with a diversified range of products. Such products include cement, Slags, building blocks, pavers, Dry mortal, Anabeeb pipes, Arkan bags and Clinker among others (Arkan Company, 2017). The Arkan Companys operation is based on the Greenfield development and strategic partnership with other manufacturers. The companys objective is focused on growing and expanding its market base globally and within the Gulf countries. Through its Corporate Social Responsibility (CSR) initiative, the company is committed to promoting the local economies by partnering with the locals. This has been achieved by offering employment opportunities. Likewise, the company is engaged in training the people of UAE nations on the importance of environment-friendly operations (Arkan Company, 2017). The companys success and competitive advantage in the industry are as a result of solid leadership, benchmarking and diversified portfolio. With its leading in the position, Arkan is the customers and investors choice in the market. Arkan takes a swift response to the industrial changes by aligning its products and services with the customer needs. Lastly, the companys success is based on high standards of business ethics (Arkan Company, 2017). Strategy of the Company Arkans Vision To be the leading building materials company in the UAE and GCC The company has achieved part of its vision. Arkan is leading in the production and sales of construction and building materials in the UAE and GCC market. It is a company of choice; most of the customers love to associate with the Arkan brand and products (Heracleous, 2003). Arkans Mission To develop profitable building materials operations that create value for the shareholders, community and customers, based on social responsibility and human resources capability Illustration: Arkan has made several milestones in its quest to fulfill its vision. It has a large consumer base in the UAE and GCC. It responds swiftly to the market needs to satisfy its customers. This way the company has managed to expand its revenue base and create value for its investors. Lastly, the company is engaged in CSR with the aim to promote the lifestyle and economic improvement for the locals. Arkan provides them with employments opportunities. Conversely, the company does facilitate training of the people on the environment-friendly operations through conferences, training programs, and sponsored events (Miles, 2003). Clearly, Arkan Company focuses on differentiation and response strategies for its operations. First, the company uses Arkan bags to bag its products. This has created the uniqueness of its products from those produced by the competitors. Branding and packaging are differentiation strategy used by many companies. Second, the company has invested in a swift response strategy in handling changes in the market. Arkan acts by the consumer needs and behavior (Heracleous, 2003). Lastly, the productivity in the four segments of Arkan Company is based on the market demands. The demand for clinkers is 4million tons per annum and 5.7million tons per annum. Likes the company has to produce approximately 240,000 blocks and pavers per day. The demand for this essential products sets the productivity level. Each production demand has a set target which they strive to meet as a way of keeping at par with the customer needs (Miles, 2003). Forecasting The Arkan Company uses several forecasting approaches to estimate its future operations as well as the performance of the industry. The Company uses qualitative methods, Time series methods, and explanatory methods. Under the qualitative methods, the company uses the Delphi and visionary techniques to make future forecasting. By assembling experts, sales executives and team, consultants and supervisors, the company comes up with a forecast plan overcome the frequent changes in the industry (Makridakis, 1997). Time series methods are applicable when the projection is based on the past performance of the products. By analyzing the past performance trend of the companys products, the management develops a linear performance trend that is used to determine the future performance. The industrial survey is used at the Arkan Company to examine the operations different stakeholders like consumers, competitors, suppliers and creditors. The findings are then used to anticipate the future performance of the company (Steven C. Wheelwright, 2007). Lastly, regression analysis is used when relating to items such as sales and consumers incomes in projecting the future sales. Lastly, the explanatory methods are used to determine how the performance of one variable would affect another variable. For example, the company conducted the causal-effect analysis on increasing environment activism and how it would affect its sales in the future (Makridakis, 1997). Time Horizon Range Horizon Application areas Forecasting Methods Long Above 5 years Organization planning Product planning Capacity planning Market information Economic trend Demographic Technology Intermediate 1-2 years Production Plan Staffing plan Regression Time Series Short Less than One year Job Scheduling Purchasing Graphical Methods Trend exploration Exponential smoothing Capacity Planning At the Arkan Company, capacity planning comprises of the activities named below; Examining the existing capacity. Anticipating capacity needs. Establishing other ways of modifying capacity. Evaluating economic, technological, and financial capacity alternatives. Choose the most suitable capacity planning alternative. The company uses three steps to planning its capacity First, the company determines the work to be done and the workers to execute them. This is achieved through; Defining the workloads Determining the work unit Identifying the service level under each workload. Second, the management then analysis the current capacity at the organization. Current capacity is determined by; Comparing service levels and company objectives. Measure general resources usage Measure resource consumption via workload Establish elements of capacity response time Last, the management plans the future capacity using forecasts. In planning for the future capacity, the following situations should be considered. Establishing the future production requirements Planning the future system configurations In a situation where both the capacity and demand are an imbalance, the company takes both short term and long term measures (Patnaik, 2015). Short-term measures include; a) decreasing or increasing the workforce and producing more products during the lean period to be sold during the high demand period. Long-term measures are; a) expanding the current capacity or creating new ones if there is a shortage. And, selling or closing the excess capacity is in excess. The company can also relocate excess capacity to other investments. Process Selection and Facility Layout Cement is a major product by the Arkan Company. The section highlights the cement production process by the company. The process of the producing cement involves two steps. The first step involves feeding the raw materials into the kiln system. The output from this process is clinker which comprises of aluminates, ferrites of calcium and silicates (Arkan Company, 2017). The clinker process begins when the raw materials such as chalk, marl, limestone, iron ore, clay, shale, and sand are quarried. The raw materials are then crushed, grounded and mixed to get a smooth blend which is then stored. Handling of raw materials is done using both dry and wet processes. The choice of either to use dry process or wet process is based on the type of raw material, the technology, and the production cost. The final step under the clinker step is through the cooling phase (Wisner, 2008). The second phase involves grounding of the clinker adding other minerals with anhydrite or gypsum. The minerals added to the clinker are limestone, silica fume, fly ash, blast or natural pozzolanas. The composition of the components varies depending on the type of the cement to be produced. Diagram: Cement process. Note that the whole production process must follow the design presented below which, by the way, is a continuous process. The company has to meet the consumers demand as prescribed under the capacity planning. The company has a strategic layout which ensures; Effective utilization of equipment, people, and space Improved flow of materials, people and information Safe working environment and enhanced employee motivation Improved client interaction Product and Service Design Product design refers to creating a product that will appeal to the customers and make them buy. Arkans cement has been designed to meet the following characteristics; Appearance Materials Quality Cost Dimensions Performance standards Tolerance The company has done sufficient research on the kind of product that would appeal to the customers based on the feasibility study. The companys cement meets the functionality, manufacturing, maintainability and reliability aspects in the industry (Ulrich, 2003). However, it should be noted that cement is a common product in the market. It lacks differentiations hence a high competition level in the industry. The product is similar in quantity, cost, materials used and performance. The only difference between the Arkan cement and other substitute cement is the packaging bag. I can say that the Arkan did a good research and designed a product that many stakeholders love to associate with. The Arkan cement enjoys a large market share in the Gulf countries (Wisner, 2008). To keep its customers appeal high, the company should ensure that; Focus on improving quality, cost and performance of the product Improve or maintain market share for its cement product which is at its maturity stage. Have a small but steady improvement of the product Keep up to date with the customers perception of its products to ensure that quality is maintained every time. Ensure that the production process has been standardized. Location The Arkan Company is located in the Abu Dhabi City in the United Arab Emirates (UAE). Abu Dhabi is the second busiest and populated city in the UAE after Dubai. While many factors were considered when choosing the current location of the company, the main factors included; Nearness to the customer- This is considered as important factors when choosing the location. Abu Dhabi in a centralized location which makes its easier to access other markets within the UAE. Considering the economy was slowly shifting from depending on oil and fuel to industrialization and real estate sectors, there was a ready market for the product in Abu Dhabi (Arkan Company, 2017). Availability of raw material- The Company is located in the mining field to ease transport expenses. Abu Dhabi is known to be rich in limestone, chalk, and blast which are the main components in the manufacturing of cement and other products. Adequate infrastructures- Abu Dhabi is well connected regarding transportation, water supplies, and communication facilities. Some of the means of transport available in the region are seaports, good roads, airports and railway. This makes it easier to connect with other cities. The choice of the location for Arkan was the best one considering the companys growth since it started its operation. With the ever-growing UAEs industrialization and construction industry, Arkan has successfully dominated the market with its products which are applying to the customers and investors. Location Factor Rating Table Score Weighted Score Factor Weight Dubai Abu Dhabi Sharjah Dubai Abu Dhabi Sharjah Labour Attitude 0.3 80 65 90 24 19.5 27 Raw material availability 0.2 100 91 75 20 18.2 15 Adequate infrastructures 0.3 60 95 72 18 28.5 21.6 Nearness to the customer 0.2 75 80 80 15 20 20 Sum 1 77 86.2 83.6 Abu Dhabi had the highest score of 86.2 and was therefore chosen. Quality Management The Arkan Company has invested a lot of time and resources in the management of its product quality. The management, employees, supervisors and customers opinion are incorporated in the continuous improvement of product quality. The major quality determinant factors by the management are; Quality of product design- The company basis the design of the product on factors such as production capabilities, customer wants, cost, safety, liability and other considerations. Through these factors, the final product has always represented the quality that were initially intended by the designer (George, 2004). Conformance- Ensuring that the final product conforms to the intended design is important in maintaining the quality. The management have ensured that there is effective equipment, continuous employee training, required skills and that the employees are fully motivated. The products are monitored to assess the product conformance. With a huge difference, corrective action is taken (Madu, 2008). Ease of use is another determinant of quality used by the company. The company provides instruction to the customers on how to use its products. This is to ensure that product functions safely and properly as intended. The instruction includes the direction of unpacking its products as well (George, 2004). The last determinant of quality is the reliability of the products. Here the question to be answered is whether or not the product performance is consistency. The company has put in place adequate measures to ensure that the quality of its products has been maintained. However, the process does not include inspection and taking corrective action. Therefore, the management should use the Total Quality Management (TQM) flow chart in its quality management (Jain, 2001). Conclusion The Arkan Company is the market leader in the UAE building and manufacturing industry. Arkan deals in a diversified range of products. The Arkan Companys operation is based on the Greenfield development and strategic partnership with other manufacturers. The companys objective is focused on growing and expanding its market base globally and Corporate Social Responsibility (CSR) initiatives The companys success and competitive advantage in the industry are as a result of solid leadership, benchmarking and diversified portfolio. With its leading in the position, Arkan is the customers and investors choice in the market. Arkan responds to the industrial changes by aligning its products and services with the consumer needs. Therefore, Arkans strategies focus on differentiation and response strategies for its operations. These are the factors that have kept the company growing and expanding. Recommendations I have to recommendations for the company; First, although the company engages in CSR little has been done on environment sustainability. It should be understood that consumers today are environmentally conscious. They like to associate with a company whose activities are environmentally friendly. Therefore, Arkan Company should implement environment management programs within the mining fields. The programs should comprise of preventive measures against environmental hazards that might arise from its operations. Second, the company should invest in the modern technology that would ensure efficiency its production, transportation, and logistics operations. Having advanced technology ensures high quality of products, standardized production process and reduced cost of operations. References Allspaw, J. (2008). The Art of Capacity Planning: Scaling Web Resources. Washington, DC: O'Reilly Media. Arkan Company. (2017, 3 16). Arkan Company. Retrieved from About Us : https://arkan.ae/en/about-us/ George, M. L. (2004). The Lean Six Sigma Pocket Toolbook: A Quick Reference Guide to 100 Tools for Improving Quality and Speed . United Kingdom: McGraw-Hill Education. Hanke, J. E. (2009). Business Forecasting. Upper Saddle River, NJ: Pearson Prentice-Hall . Heracleous, L. (2003). Strategy and Organization: Realizing Strategic Management . Chicago: Cambridge University Press. Jain, J. P. (2001). Quality Control and Total Quality Management. London: Tata McGraw-Hill Education. Madu, C. (2008). Handbook of Total Quality Management. New York: Springer. Makridakis, S. G. (1997). Forecasting: Methods and Applications. New York: Wiley. Manas, J. (2014). he Resource Management and Capacity Planning . New York: McGraw-Hill Education. Miles, R. E. (2003). Organizational Strategy, Structure, and Process. Starnford: Stanford Business Books. Patnaik, S. (2015). Operations Management. United Kingdom: Lulu.com. Steven C. Wheelwright. (2007). Forecasting methods for management. New York: Wiley. Ulrich, K. T. (2003). Product Design and Development. New Delhi: McGraw-Hill Education. Wisner, J. D. (2008). Process Management: Creating Value Along the Supply Chain. Mason, OH: Thomson South-Western .

The Topics for Essay Writing for Grade 8 Diaries

The Topics for Essay Writing for Grade 8 Diaries The Most Popular Topics for Essay Writing for Grade 8 Assume that you're dwelling in a society which has no law. Our cheap essay help service will permit you to conserve time and money in the most efficient way. Though people believe education is a correct and will make society, overall, a better place for everybody, others feel there's no genuine means to provide a free college education as colleges would still must be funded (likely through tax dollars). Moral education enables somebody to pick the proper path. Unfortunately, scientists have yet to be in a position to explore a lot of the rainforest for gathering plants that would call for additional study. Nevertheless, when students ask how to compose a research paper there's set of steps that was shown to be effective and beneficial. Some students spend hours brainstorming ideas about how to start. So, you should understand for whom you're likely to tackle the paper and what their possible option of reading is. You should think about a task to locate a theme not an issue but an opportunity and even a benefit. Your selection of an acceptable research subject is often determined by whether you're interested in reading or investigating. At this point you know how you're likely to concentrate on your subject and the way you are likely to decide on the material for your research. The Topics for Essay Writing for Grade 8 Game An achievement which you're very proud of 28. Writing is among the most effective modes of self-expression, and it is likewise a remarkably effective approach to help your students sort out all their ideas and feelings. In eighth grade, students utilize every phase of the writing procedure and continue to construct their understanding of writing conventions. The students are going to learn how to revise and increase their writing using guidance from peer s. Conclusion The ending of the customized research papers have turned into the most valuable single portion of it. 1 way to assist you with writing a thesis statement is to earn an extremely short, research paper outline listing in sentence form the principal tips that you aspire to develop in order to demonstrate your thesis. Whenever you choose the topic which suits you most, remember the reason you write your essay, concentrate on the main details to tell about in your text and don't neglect the significance of senses and feelings in your essay. All the material you've gathered means nothing to your reader till you present the conclusion you've reached as a consequence of your research. The Dirty Facts About Topics for Essay Writing for Grade 8 Whether or not you're in high school or in college, you'll surely find at least one which is well suited for you. As an example, in college, you might be requested to compose a paper from the opposing viewpoint. You're reading abo ut an unusual event and you would like to understand why it happened. You've been invited to a basketball event that'll be graced by your favourite NBA star. Lies You've Been Told About Topics for Essay Writing for Grade 8 There's, clearly, a limit on the range of pages even our finest writers can produce with a pressing deadline, but usually, we figure out how to satisfy all the clients seeking urgent assistance. The 1st one is going to be the choice of a topic. MP3 music needs to be free. The students will learn how to research topics employing valid and varied sources to collect important details. Want to Know More About Topics for Essay Writing for Grade 8? Teens should have to take parenting classes. They should be able to choose their bedtime. Parents should speak to kids about drugs at a youthful age. Parents of bullies should need to pay a fine. Other folks think it's a whole lot more difficult than any other written assignment. Your assignment is being taken c are of simply as you would like to pay for essays. The absolute most difficult homework assignment that you've been given 48. The thesis needs to be clear and concise. How you compose an essay 17. Essays are not difficult to writethey all follow the identical structurewhich I will demonstrate in a minute. An argumentative essay requires you to choose a topic and have a position on it. If You Read Nothing Else Today, Read This Report on Topics for Essay Writing for Grade 8 In narrative essays, the author writes about a collection of events that had happened before. Writing about nuclear weapons is always a great idea. Every American should learn how to speak Spanish. He should learn to speak English. The 5-Minute Rule for Topics for Essay Writing for Grade 8 Additionally, there are chapter exams it is possible to complete after the last lessons. School tests aren't powerful. Yearly driving tests ought to be mandatory over a specific age. They should be mandatory for the first five years after getting a license. How to Choose Topics for Essay Writing for Grade 8 Few Ideas A paragraph could incl ude a few ideas regarding the central theme. Discipline contributes to harmony whereas indiscipline contributes to confusion. After you have settled on the subject, make certain you have sufficient original ideas about the subject. Readers should acquire a notion of the theme right at the start of the paragraph. There's a little bit of humor here. It's possible for you to produce a more original bit of writing.

How to Beat Your Cause and Effect Essay Topic Anxiety

How to Beat Your Cause and Effect Essay Topic AnxietyPeople often create a lot of stress when they create and edit an essay topic. They want to find the right place to write it, and then they are in a bit of anxiety about whether or not their topic will be accepted. This is something that really affects all writers, including you!You want to take some time to calm down while you're writing your cause and effect essay topic. The following are some things you can do to do this. One of the first things you can do is to think of the topic as a game. When you think of it as a game, you can begin to relax, which will make you more comfortable to concentrate on the topic.The next thing you can do is to figure out what it is you are playing, and it is simple - you are in a game and you need to win. Find some room to relax, get some zen, and relax before you begin. Relaxation is extremely important to relax yourself and for the topic to work.Now that you've found some time to relax, you can t hen start to write your essay. As you go along, you may have some moments of anxiety, but remember that you are in a game, so you can try to think of these as a distraction while you work.You can also try to identify some of the things that cause and effect an essay topic. Think of some things you can do to change some of the things in your life that cause some anxiety and you may find that some of them have been eliminated or changed.So with this information, you can relax and know that you will have an essay topic that is appropriate for you and that causes and effects are properly stated. You can then get to work, and when you are done you will know that you were able to relax and write an excellent essay.Hopefully this information will be helpful in allowing you to enjoy the process of creating and editing a cause and effect essay topic. Take some time to relax, and get some relaxation techniques and get comfortable before you start.

How to Write Term Papers on Person-Environment Fit

How to Write Term Papers on Person-Environment FitSo you want to learn how to write term papers on person-environment fit? Well, I'm here to tell you that it is possible. In fact, this can be a great experience for those in your college or university or even work environment who would like to specialize in this area of the subject.In case you're wondering what such a topic is, then read on and find out. In brief, an environmental fit involves the practice of the whole process of society working together in service of a common goal in a way that benefits the entire population. The goal may include the development of a new product or service or a better method of transporting goods or supplies to one another or the improvement of a way to utilize natural resources for commercial use.Just as a way to think about this, think of what happens when one person is in a situation with lots of personal advantage, but has no plan of going about it to benefit the entire population. Then think of how our society works as a whole. Think of the size of a car, truck, or bus compared to a person. It's not in their best interest to carry hundreds of pounds of fuel in a large vehicle than a person who is much more light and compact.So, what can you do to write term papers on person-environment fit? The answer is quite simple. You need to apply the whole process of 'organization' to make it work with the best possible result.Basically, you need to do what you would want to happen to your environment if you were in charge of making the decisions. Be as objective as possible, as it will be important that you base your observations on facts and figures. You will need to know the factors that determine how many children will survive in the future, where the water is clean and how polluted the air iswhere the food is from, and the roads are located.This knowledge can come in handy in writing term papers on person-environment fit because you can see the scale of your influence in getting things done. Sometimes, it's helpful to see things as they're happening so you can make plans for them in the future. Often, when you are so consumed with making a difference in the world, you lose sight of your own personal preferences and lifestyles.So, you can now see how to write term papers on person-environment fit, how to use ideas of organizational theory to get the job done, and how it can help you in getting a perfect grade in your coursework. So, let's get busy and start doing what needs to be done.

Writing the King Lear Sample Essay

Writing the King Lear Sample EssayWhen it comes to scoring well on the King Lear Sample Essay, writing is everything. The test is so stressful is how you have to write in order to give a good review and impress your teacher.It does not matter how many specifics you use; if the teacher does not see your writing as a skillful piece of literature, they will never have any interest in reviewing your essay. They do not want to see your writing in a specific word count, or number of sentences. However, that is what the paper is for. If you can use the right style, you will get to write in style.Your sample essay in this class is called 'On Leaving Cert.' This test is so specific that there are no chances of a student being put into the wrong section by their own bad habits.Your essay needs to be good because it will be required for the kind of paper that you have to write. Since this is the only area where the class will not allow you to make an error, your essay has to be an impressive pi ece of work.There are two areas where you will find difficulty when writing the King Lear Sample Essay. You have to do with sentence structure and knowledge of the text. However, these are minor obstacles that you must overcome. The King Lear exam will ask for more details and information than what you have and you will not be able to convey it with just some paragraphs.It is very important that you are aware of the King Lear exam because this exam is going to determine what degree you will get from this course. You will be judged on your essay and based on how much time you have, how fast you are, and whether you have studied the texts well. That is why it is important that you review the Sample Essay before taking the exam. You need to learn about the text so that you know what to say and how to say it, and if you do it correctly, you will score well.Although it is going to be challenging to write the King Lear sample essay, if you use the right style and you use knowledge of the texts well, you will get through this exam easily. You can study for the exam after you have written the King Lear Sample Essay. This will help you to focus on your topic and to make sure that you master the material before it appears in your exam. Remember that the whole purpose of this exam is to assess your skill and not to punish you, so do not give up until you have taken the exam.

Long Hours, Hundred of Emails, and No Sleep Does This Sound Like a Satisfying Job Essay Example

Long Hours, Hundred of Emails, and No Sleep: Does This Sound Like a Satisfying Job? Paper Group 1 Case Assignment Case Incident Long Hours, Hundreds of E-Mails, and No Sleep: Does This Sound like a Satisfying Job? Although the 40-hour workweek is now the exception rather than the norm, some individuals are taking things to the extreme. †¢ John Bishop, 31, is an investment banker who works for Citigroup’s global energy team in New York. A recent workday for Bishop consisted of heading to the office for a conference call at 6:00 P. M. He left the office at 1:30 A. M. and had to be on a plane that same morning for a 9:00 A. M. presentation in Houston. Following the presentation, Bishop returned to New York the same day, and by 7:00 P. M. , he was back in his office to work an additional three hours. Says Bishop, â€Å"I might be a little skewed to the workaholic, but realistically, expecting 90 to 100 hours a week is not at all unusual. † †¢ Irene Tse, 34, heads the government bond-trading division at Goldman Sachs. For ten years, she has seen the stock market go from all-time highs to recession levels. Such fluctuations can mean millions of dollars in either profits or losses. â€Å"There are days when you can make a lot, and other days where you lose so much you’re just stunned by what you’ve done,† says Tse. We will write a custom essay sample on Long Hours, Hundred of Emails, and No Sleep: Does This Sound Like a Satisfying Job? specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Long Hours, Hundred of Emails, and No Sleep: Does This Sound Like a Satisfying Job? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Long Hours, Hundred of Emails, and No Sleep: Does This Sound Like a Satisfying Job? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer She also states that she hasn’t slept completely through the night in years and frequently wakes up several times during the night to check the global market status. Her average workweek? Eighty hours. â€Å"I’ve done this for 10 years, and I can count on the fingers of one hand the number of days in my career when I didn’t want to come to work. Every day I wake up and I can’t wait to get here. † †¢ Tony Kurz, 33, is a managing director at Capital Alliance Partners and raises funds for real-estate investments. However, these are not your average properties. He often travels to exotic locations like Costa Rica and Hawaii, wooing prospective clients. He travels more than 300,000 miles a year, often sleeping on planes and dealing with jet lag. Kurz is not the only one he knows with such a hectic work schedule. His girlfriend, Avery Baker, logs around 400,000 miles a year, working as the senior vice president of marketing for Tommy Hilfiger. â€Å"It’s not easy to maintain a relationship like this,† says Kurz. But do Kurz and Baker like their jobs? You bet. †¢ David Clark, 35, is the vice president of global marketing for MTV. His job often consists of traveling around the globe to promote the channel, as well as to keep up with the global music scene. If he is not traveling (Clark typically logs 200,000 miles a year), a typical day consists of waking at 6:30 A. M. and immediately responding to numerous messages that have accumulated over the course of the night. He then goes to his office, where throughout the day he will respond to another 500 messages or so from clients around the world. If he’s lucky, he gets to spend an hour a day with his son, but then it’s back to work until he finally goes to bed around midnight. Says Clark, â€Å"There are plenty of people who would love to have this job. They’re knocking on the door all the time. So that’s motivating. † Many individuals would balk at the prospect of a 60-hour or more workweek with constant traveling and little time for anything else. However, some individuals are exhilarated by such professions. According to the Bureau of Labor Statistics, in 2004, about 17 percent of managers worked more than 60 hours per week. But the demands of such jobs are clearly not for everyone. Many quit, with turnover levels at 55 percent for consultants and 30 percent for investment bankers, according to Vault. om. However, it is clear that such jobs, which are time consuming and often stressful, can be satisfying to some individuals. Questions 1. Do you think that only certain individuals are attracted to these types of jobs, or is it the characteristics of the jobs themselves that are satisfying? 2. What characteristics of these jobs might contribute to increased levels of job satisfaction? 3. Given that the four individuals we just read about tend to be satisfied with their jobs, how might this satisfaction relate to their job performance, citizenship behavior, and turnover? 4. Recall David Clark’s statement, â€Å"There are plenty of people who would love to have this job. They’re knocking on the door all the time. † How might Clark’s perceptions of having a job that many others desire contribute to his job satisfaction? Source: Based on L. Tischler; â€Å"Extreme Jobs (And the People Who Love Them),† Fast Company, April 2005, pp. 55–60. http://www. glo-jobs. com/article. php? article_no=87. Group 2 Case Assignment Case Incident The Upside of Anger? A researcher doing a case study on emotions in organizations interviewed Laura, a 22-year-old customer service representative in Australia. Below is a summary of the interview (with some paraphrasing of the interviewer questions): Interviewer: How would you describe your workplace? Laura: Very cold, unproductive, [a] very, umm, cold environment, atmosphere. Interviewer: What kinds of emotions are prevalent in your organization? Laura: Anger, hatred towards other people, other staff members. Interviewer: So it seems that managers keep employees in line using fear tactics? Laura: Yeah. [The General Manager’s] favorite saying is, â€Å"Nobody’s indispensable. † So, it’s like, â€Å"I can’t do that because I’ll get sacked! Interviewer: How do you survive in this situation? Laura: You have to cater your emotions to the sort of situation, the specific situation . . . because it’s just such a hostile environment, this is sort of the only way you can survive. Interviewer: Are there emotions you have to hide? Laura: Managers don’t like you to show your emotions . . . They d on’t like to show that there is anything wrong or anything emotional in the working environment. Interviewer: Why do you go along? Laura: I feel I have to put on an act because . . . o show your true emotions, especially towards my managers [Laura names two of her senior managers], it would be hatred sometimes. So, you just can’t afford to do that because it’s your job and you need the money. Interviewer: Do you ever rebel against this system? Laura: You sort of put on a happy face just so you can annoy [the managers]. I find that they don’t like people being happy, so you just annoy them by being happy. So, yeah. It just makes you laugh. You just â€Å"’put it on† just because you know it annoys [management]. It’s pretty vindictive and manipulative but you just need to do that. Interviewer: Do you ever find that this gets to you? Laura: I did care in the beginning and I think it just got me into more trouble. So now I just tell myself, â€Å"I don’t care. † If you tell yourself something for long enough, eventually you believe it. Yeah, so now I just go â€Å"’Oh well. † Interviewer: Do you intend to keep working here? Laura: It’s a means to an end now. So every time I go [to work] and every week I just go, â€Å"Well, one week down, one week less until I go away. † But if I knew that I didn’t have this goal, I don’t know if I could handle it, or if I would even be there now. Interviewer: Is there an upside to working here? Laura: I’m so much better at telling people off now than I ever used to be. I can put people in place in about three sentences. Like, instead of, before I would walk away from it. But now I just stand there and fight . . . I don’t know if that’s a good thing or a bad thing. Teaching Note: Break up the class in groups of three or four students each. Ask them to discuss the questions and share their answers later as a class.  ¦ Questions 1. Do you think Laura is justified in her responses to her organization’s culture? Why or why not? . Do you think Laura’s strategic use and display of emotions serve to protect her? 3. Assuming Laura’s description is accurate, how would you react to the organization’s culture? 4. Research shows that acts of coworkers (37 percent) and management (22 percent) cause more negative emotions for employees than do acts of customers (7percent). What can Lauraâ⠂¬â„¢s company do to change its emotional climate? Source: J. Perrone and M. H. Vickers, â€Å"Emotions as Strategic Game in a Hostile Workplace: An Exemplar Case,† Employee Responsibilities and Rights Journal 16, no. 3 (2004), pp. 167–78. Group 3 Case Assignment Case Incident Reaching Out, Literally â€Å"Why are people at work always touching me? † asked  Elizabeth Bernstein. It’s a problem not everyone has, but  it makes you wonder why people like Bernstein are  touched a lot at work. It also makes you wonder who does  the touching. Though there is no literature on this, the part of the  Ã¢â‚¬Å"toucher† is perhaps easier to analyze. We know that extraverts  are more expressive, demonstrative, and physically  affectionate than are introverts. So one might well conjecture  that extraverted people are doing more of the touching  at work. As for the â€Å"touchee,† that’s harder to figure. Some evidence  suggests that women are more likely recipients of  touches than are men. One study of Japanese women suggested  that agreeable women are more likely to be  touched than less agreeable women. Elizabeth Bernstein is not sure what causes her to be the  target of so many touches. â€Å"I get bear hugs from men and  unsolicited kisses on the cheek from women,† Bernstein  wrote. â€Å"Co-workers of both sexes grip my elbows, tap my  knees, and pat my back. . . . One friend hugs me every time  she sees me in the elevator. † There also may be personality differences in the degree  to which someone likes to be touched. Greg Farrall, a 39-year-old financial advisor, has the  worst of both worlds: he receives touches all the time and  hates getting them. He has repeatedly asked people not to  touch him, to no avail. â€Å"If you’re looking over me at my  computer screen, you don’t need to put your hand on my  shoulder. You can easily put it somewhere else. † Farrall is not alone in his dislike of workplace touching. One employee commented, â€Å"Few things are more annoying  than employees who put their creepy-crawlies on  co-workers. As for when touching is inappropriate, obviously, touching  someone in an inappropriate place, or continuing to  touch someone when the recipient lets you know it’s unwelcome,  constitutes sexual harassment. But many touches  fall into neither of these categories. â€Å"There aren’t standards  about what touching i s nonsexual other than handshakes,†Ã‚  said Larry Stybel, a Boston-area management  consultant. Of course, some people like being touched at work. Todd Adler, a Florida equities trader, recently started working  from home. He says, â€Å"I work with myself and can only  touch myself hich has its pluses and minuses. † Questions 1. What causes others to want to touch others at work? 2. How would you feel if a teacher in one of your classes  put his or her arm on your shoulder? Can you imagine  a situation in which that would be acceptable? Do  you think your answers say something about your  personality? 3. Some experts advise that employees should avoid all  physical contact with coworkers at all times. Do you  think that’s a wise policy? Why or why not? 4. Do you think the social mores against are distinctly  American? If so, why? Group 4 Case Assignment Case Incident Predictions Consider the following: †¢ Prediction: â€Å"A very powerful and durable rally is in the  works. †Ã¢â‚¬â€Richard Band, editor, Profitable Investing Letter  (March 27, 2008)   o Status: At that time, the Dow average was trading at  12,300; one year later, it was at 6,626. †¢ Prediction: AIG â€Å"could have huge gains in the second  quarter. †Ã¢â‚¬â€Bijan Moazami, analyst, Friedman, Billings,  Ramsey (May 9, 2008)   o Status: AIG lost $5 billion that quarter, $25 billion the  next, and $62 billion the quarter after that, before being  given a $90 billion credit by the U. S. government in  2008–2009. †¢ Prediction: â€Å"Freddie Mac and Fannie Mae are fundamentally  sound . . . in good shape moving forward. †Ã¢â‚¬â€Ã‚  Barnie Frank, House Financial Services Chairman  (July 14, 2008)   o Status: By August 2008, Fannie Mae and Freddie Mac  were downgraded to the lowest credit ratings; on  September 7, 2008, they were placed in conservatorship  in â€Å"one of the most sweeping government interventions  in private financial markets† in history. †¢ Prediction: â€Å"I think Bob Steel’s the one guy I trust to  turn this bank around, which is why I’ve told you . . buy  Wachovia. †Ã¢â‚¬â€Jim Cramer, CNBC (September 15, 2008)   o Status: Wachovia shares lost half their value from  September 15 to December 29, and Wachovia was taken  over by Wells Fargo. †¢ Prediction: â€Å"I think you’ll see $150 a barrel [oil] by the  end of the year. †Ã¢â‚¬â€T. Boone Picke ns, investor (June 20,  2008)   o Status: By December of 2008, oil was trading at $40 per  barrel. †¢ Prediction: â€Å"In today’s regulatory environment, it’s virtually  impossible to violate rules . . . your money is safe  with me. —Bernie Madoff (October 20, 2007)   o Status: In 2009 Judge Denny Chin handed Madoff a  150-year sentence for his â€Å"extraordinarily evil† Ponzi  scheme, defrauding investors in the biggest financial  swindle in history. †¢ Prediction: â€Å"Smart investors should buy [Merrill  Lynch] stock before everyone else comes to their  senses. †Ã¢â‚¬â€Jon Birger, senior writer, Fortune’s Investors  Guide 2008 o Status: Merrill agreed to be acquired by Bank of  America to avoid insolvency; the takeover nearly cost  Bank of America its own solvency. Source: Based on P. Coy, â€Å"Worst Predictions about 2008,† Business Week ( January 12, 2009), pp. 15–16; D. Ng, â€Å"How Wrong They Were! †Ã‚  The World I Know (January 4, 2009), danielngsh. blogspot. com; and R. Frank and A. Efrati, â€Å"‘Evil’ Madoff Gets 150 Years in Epic Fraud,†Ã‚  Wall Street Journal ( June 30, 2009), pp. A1, A12. Questions 1. Do you think these examples paint a misleading or  unfair picture of financial market predictions? Why  or why not? 2. What perceptual or decision-making errors can you  identify in these predictions? 3. Why do we like making predictions so much? 4. Why do you think predictions seem so hard to make?