Emotional Inteligence Essay -- Emotional Intelligence

An increasing percent of the population begins to know the idea of emotional intelligence. This concept was firstly developed by two American university professors, John Mayer and Peter Salovey (1990) and they concluded that, people with high emotional quotient are supposed to learn more quickly due to their abilities. Another psycologist named Daniel Goleman (1995) extended the theory and also made it well-known. In his articles and books, he argued that people with high emotional quotient do better than those with low emotional quotient. In this essay, it will be argued that high emotional intelligence can influence work performance positively to a relatively high extent. Both benefits and limitations of a high level of EI in the workplace will be discussed and a conclusion will be drawn at the end of this essay. The definition of emotional intelligence given by Salovey and Mayer (1990) focuses on the ability to understand one’s own and others’ emotions and also to manage one’s own emotions positively. On the other hand, Goleman’s definition (1995) covers more aspects, including 25 abilities and skills such as trustworthiness, communication and empathy. The former definition is more scientific and appropriate while the latter one is called the ‘corporate definition’ because its contents accommodate the interests of large corporations. However, the academic findings of the two professors are not widely known while Goleman’s edition is commonly accepted due to his best-seller book ‘Emotional Intelligence’ (Goleman 1995). The following essay will be mainly based on Goleman’s definition. High emotional intelligence can improve work performance and its varied aspects can contribute to work differently. One aspect of emotion... ...igence: Isses in Paradigm building, The emotionally intelligent workplace: how to select for, measure, and improve emotional intelligence in individuals, groups, and organizations, Jossey-Bass Ch.2 Goleman D.(2001) An EI-based theory of performance, The emotionally intelligent workplace: how to select for, measure, and improve emallenge emotional intelligence in individuals, groups, and organizations, Jossey-Bass Ch.3 Fernandez-Araoz C.(2001) The challenge of hiring senior executives, The emotionally intelligent workplace: how to select for, measure, and improve emallenge emotional intelligence in individuals, groups, and organizations, Jossey-Bass Ch.6 Arnold J., Silvester J., Patterson F., Robertson I., Cooper C. and Burnes B. (2005) Work Psychology: Understanding Human Behaviour in the Workplace 4th edition, Pearson Education Limited Essex

Advanced Medical Technology Corp Essay

There are numerous factors, apart form the amount involved and security or collateral offered, a bank or any lending institution considers when granting a loan to potential borrowers. Some of the most important are a business/company’s financial standing, its financial obligations, the purpose for borrowing, past financial dealings of the borrower and its existing businesses with other entities. All of these are important factors to determine whether or not a bank shall tie its money down to the borrower. Advanced Medical Technology Corporation (AMT), a growing company, is eagerly interested in borrowing capital from Western National Bank of San Francisco, California in the amount of $8 million to maintain its current market position and to exploit new markets. The president of AMT believes that given the current standing of the company, sales will continue to grow in the same pace. Here are the issues Western National Bank of San Francisco should look into and study in order to come up with a decision regarding the loan request of AMT: (1)Current financial condition The financial statements of AMT for the years 1983, 1984 an 1985 shows that the company has been experiencing net losses for the past three years, primarily brought about by heavy spending on research and development. However, despite the losses, it seems that the company’s net profit margin has been improving in a continuing velocity. From 1983 to 1984, the net profit margin of the company improved considerably from -9.77% to -5.44%. This continued the following year with a net profit margin of -4.82. From this, we can infer that should the company continue its aggressive and competitive market stance, its net income would continue to improve. However, given the percentage of increase, the company will still continue to see negative income in the coming years. Reviewing the company’s financial statements also shows that company is realizing negative return on assets. Albeit negative, AMT’s return on assets improved significantly from -14.1% in 1983 to -7.15% in 1984. This growth in ROA continued the following year. Because AMT relies heavily on credit lines to finance its needs for research and development, it is important to look into the ability of the company to pay off its debt given its current earnings and assets. The current ratio of the company is decreasing. In 1983, it had a current ratio of 2.57. It dropped down to 1.78 in 1985. This shows the ability of AMT to pay-off its short-term debt. With the current ratio of the company, it may be safe to infer that the company has the ability fulfill its short-term obligations. (2)Security/Collateral The possible sources of security for the bank are accounts receivables, inventories and investments. AMT has a total of almost $6 million outstanding receivables in 1985. Given the aging of accounts receivable that year, it seems that there is a lot of room for improvement in the AR collection of the company. AMT should also implement a more rigorous investigation prior to granting a credit line to clients or customers. This is to ensure that the company attains a more acceptable average collection period. The investment of AMT totaling a little more than $1 million may be a good source of security for Western National Bank of San Francisco, California. Recommendation Given the factors stated above, this paper does not recommend the granting of the requested line of credit in the amount of $8 million. The ratio analysis clearly shows that AMT will continue to see negative returns and profits in the coming years. Its heavy investment in research and development leads to disproportionate operational expenses, which subsequently results to net losses. While the president of AMT is confident that sales will continue to increase at unprecedented pace, this may not be enough for the company to generate profits from its assets and investments. Given this, AMT is most likely to have a difficult time in managing and paying off a loan in this amount.

Heineken Essay - 609 Words

Global distribution channels vary in general because everyone is trying to discover a way to make money without getting the flow of current distribution channels. Each channel is a very important chapter in the process of the global channel in order for the world to obtain some type of harmony within the distributing between the channels. The article discusses brand management on a global scale. Marketing across cultures can be done with Theodore Levitts idea for exploiting the quot;economics of simplicityquot; with standardized products, packaging, and communication. Global brands become symbols of cultural ideals; therefore, transnational companies have to offer a high-value product that deliver the cultural myths consumers are†¦show more content†¦From that commonsense standpoint, global branding was only about saving costs and ensuring consistent customer communication. The idea proved popular in the 1980s, when several countries opened up to foreign competition and American and Japanese corporations tried to penetrate those l branding has lost more luster recently because transnational companies have been under virtual siege. The evidence is on the streets and in stores all around us. Comet , 1991 nbsp;nbsp;nbsp;nbsp;nbsp;Managers at Heineken headquarters were concerned that Heinkens’ brand image was to being consistently projected so they begain advertisng, but particular in the larger markets. Mosa, 1992 Managers started an international advertising Commissioned eight countries to figure out what made the male beer drinker come alive when it came down to the taste of his beer. nbsp;nbsp;nbsp;nbsp;nbsp;Both projects has good taste image based core brand vales which were quite similar in both project such as taste, premiumness, tradition, winning spirit and lastly friendship World of Heineken is a diverse world of customers and employees who span the globe and represent different cultures, customs, professions and interests. They have widely differing tastes – and many different reasons for getting together to enjoy theirShow MoreRelatedThe History of Heineken4266 Words   |  18 PagesThe history of Heineken The Heineken family entered the beer business in 1864, when Gerard Adriaan Heineken bought a brewery in the heart of Amsterdam. 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