Minority Shareholders Proprietary Rights Essay Example | Topics and Well Written Essays - 2000 words

Minority Shareholders Proprietary Rights - Essay Example As on account of Gambotto in Australia, in various cases, the courts have taken insight to the way that regardless of whether the offended party doesn't demand for the two tests, the courts may and can expose the change to these tests and see to their fitment to the equivalent. Bombing which in both of the cases, the alterations might be invalidated. The exclusive privileges of the investors must be maintained however not at the expense of the organization as indicated by the British Law, as opposed to the Australian view of the issue. Practicing of the greater part controls by the investors of an organization is quite widespread in the nation. It is with most extreme consideration and intrigue that the courts need to actualize these laws so the concealment of the shareholding minorities is ensured and simultaneously, the targets of the organization are not weakened. In any case, the point brought up in the showed quote is to guarantee that the enthusiasm of both the minorities and that of the organization ought to likewise be ensured. For the sake of securing the enthusiasm of the minorities, the organization ought not be winding up as a washout in the game along these lines, cutting down the interests of the remainder of the investors of the organization. So as to get this, the possibility of restrictive rights being secured must be dissected. Exclusive rights as a rule have been the proprietorship rights or the option to possess. In cases identified with claiming area or working there had not been conflicts on the restrictive privileges of an individual and what is offered to one individual is same as the other one3. While on account of investor restrictive rights, the minority investors rights may be not the same as what the lion's share investor may have. The relationship of the organization could be for one straightforward explanation that of the organization making more benefits or as high a benefit as is genuinely conceivable.

Effects of television Essay

TV might be one approach to instruct kids however nearby of it is something that is unsafe particularly to little children. Letting your kids watch kid's shows, for example, Dora the Explorer, Sesame Street and the preferences is both advantageous and hazardous. Sooner or later there are things that should be tended to by the parent when their youngsters are staring at the TV all alone. For guardians whose kid is under 2 years old, letting their children sit in front of the TV for the whole day would be unsafe. One approach to forestall any untoward things to occur at a youthful age is to restrain their review hours. The Baby Center Medical Board Advisory wrote in their site: Since your youngster is under age 2, it’s best to downplay TV-viewing. In the event that you decide to permit some TV, split it up into 15-minute augmentations. Considerably more than that and your toddler’s cerebrum can move to autopilot. Get rid of letting your kids sit in front of their preferred TV program as it might have vicious scenes. Analysts have discovered that when a baby watches those sorts of projects, almost certainly, they will, sometime, mimics the scene or they will show a forceful conduct. Additionally, letting youngsters sit in front of the TV throughout the day would give them less time to understand books, work out, play outside and make companions in the area. In the event that a kid claims a computer game comfort, there is an opportunity of a lifetime that they will be difficult to train. Guardians should manage calling their children for supper time and get no reaction since they are occupied with whatever game they are playing. The advancements of various types of mixed beverages, cigarettes, and unlawful medications are likewise hurtful to kids who stare at the TV throughout the day. Such sort of advancement makes the kid imagine that utilizing these items is useful for everybody. Furthermore, the significance and beliefs passed on in any TV program may give youngsters an alternate comprehension of things that will in the long run impact the manner in which they think and the sort of conduct that they will display. A worry raised by the American Academy of Pediatrics says that, youngsters are being exposed to much sexual symbolism in any semblance of music recordings, TV programs, and the promotions. Then again, there are things that can be instructed while sitting in front of the TV, for example, great virtues, following legitimate eating routine, other learning, for example, talking, perusing, valuation for expressions and numerous others. Guardians ought to really manage their youngsters when sitting in front of the TV. They ought to have the option to disclose to their kids what's going on in the scene or if the scene isn't suitable for them. Additionally, having guardians sit in front of the TV with their youngsters is one method of holding. There is where guardians can limit the shows that can be seen by the kids through the assistance of the V-chip. V-chip is a gadget use to square projects that are not reasonable for kids in a particular age section. Setting the survey time breaking point of a youngster can contribute a lot to their development. A training, for example, letting youngsters sit in front of the TV program simply subsequent to completing their schoolwork is one of the manners in which where they can be constrained to watching or playing computer games. More, staring at the TV is hazardous for youngsters since they will in general become large. An investigation introduced by Harvard Medical School understudy, Sonia Miller, shows that the more a youngster sits before the TV, the more propensity of eating undesirable nourishments and taking in an excess of sugar. The investigation indicated that for each extra hour of TV seeing every day, the youngsters expended 0. 06 extra servings for each day of sugar-improved drinks, 0. 32 extra servings for each seven day stretch of inexpensive food and an aggregate of 48. 7 extra calories for each day, subsequent to modifying for age, sex, maternal socio-socioeconomics, race, weight file, breastfeeding span and rest term. In addition, the more extra hours a youngster spent before the boob tube implies that they have taken various natural products or vegetables that is required for their day by day consumption. In any case, Miller said that heftiness and TV viewing is in any capacity not the equivalent. â€Å"Watching TV the entire day and doing nothing physical isn't a reason for a kid to be fat at an early age, yet at the same time the analysts are turning out to be on the said matter† (Lepage-Monette, 2007). In any case, for a working mother, she can't simply contain her kids to watch programs that she means to watch. In an admission made by a working mother, she said that so as to have things done, she once in a while needs to turn on the TV to grab the eye of her kids and leave her with whatever work she needs to do. The utilization of TV in school is, then again, one approach to get the consideration of a youngster particularly those in their kindergarten. With the utilization of various instructive DVDs, understudies become increasingly keen on learning things. Utilizing recordings that have subjects like science and history catches the enthusiasm of an understudy since they will in general see more the exercise given that they can see it for themselves. In science, the educator can let their understudies watch a specific scene on National Geographic or Discovery station that is concerning their up and coming exercise. In the Philippines, there are TV programs that are planned to be utilized as an instructional media to understudies. There are programs for advancing the information on understudies in Mathematics, Science, English, History and Literature and the Arts. For more than 4 years, the Philippine government has consented to utilize these media so as to instruct understudies. Both private and government funded schools in the Philippines utilize the said media to let their understudies further comprehend the exercise. Actually, the utilization of instructional media like that in the Philippines is extremely useful to understudies. It doesn't open the understudy to quite a while of TV seeing yet it causes them comprehend their particular exercises with the assistance of the recordings. Letting understudies read thick books is something that they won't do and will just give them having an A-rundown schoolmate accomplish the work and at long last; the understudy doesn't get the hang of anything. While, with demonstrating video clasps or narratives, they will in general be more pulled in to the exercise and will later on investigate on things that is in agreement to what they saw and take in some things from it. It isn't awful to let youngsters sit in front of the TV programs, just there ought to be legitimate direction from older folks. Also, these older folks ought to have the option to clarify if the scene is truly expected for understudies at a specific age or not. References BabyCenter Medical Advisory Board (2006, October). Television watching rules for little children Milton Chen, Ph. D. (1994). The Smart Parent’s Guide to Kids’ TV. KQED Books. Hanna D Margeirsdottir; Jakob R Larsen; Cathrine Brunborg; Leiv Sandvik; et al (2007, June). Solid Association Between Time Watching Television and Blood Glucose Control. Diabetes Care. pg. 1567.

Health Services and Information Systems Communication Technology

Question: Depict about the Health Services and Information Systems for Communication Technology. Answer: Presentation The arrangement of the wellbeing administrations is changing with fast headway in data and correspondence innovation (Minichiello et al., 2013). A wellbeing data framework helps with picking up information identified with general wellbeing status, the determinants of the medical issue, their inclination, intercessions to determine these issues and the clinical results (Barakat et al., 2013). Huge improvement in wellbeing results can be accomplished with these advances about an assortment of the clinical and segment data, its transmission and recovery for permitting consistent progression of care (Knowles Mikocka-Walus, 2014). The report manages the structure for assessing the e-wellbeing innovation framework and clarifies how the innovation will improve the wellbeing results of the patients. Further the report satiates the advantages of presenting the innovation or framework as recognized in the writing. The report manages the dangers related with presenting the e-wellbeing innovation in the social insurance association just as the dangers for the patients. The report exhaustively presents the potential perils, the probability of the hazard event, its effect on the social insurance association and the alleviating arrangements. An exhaustive writing audit is performed to help the realities in the report. In light of the conversation, results are summed up to reach a determination and proposals are recommended. Structure for assessment of wellbeing innovations and frameworks The eHealth innovation in Australia expects to acquaint a successful strategy with gather and offer data, for example, test results and remedies (Suominen et al., 2013). The eHealth innovation intends to fortify correspondence between clinical expert by permitting the electronic correspondence of the clinical records, data, and referrals (Yardley et al., 2015). The different eHealth devices incorporate electronic endorsing programming, electronic wellbeing records, choice help projects and wellbeing data sites (Bergmo, 2015). The point of the eHealth innovation is to convey proficient, compelling and economical framework. Notwithstanding, it was discovered structure the examination paper of (Meier, Fitzgerald Smith, 2013) that the medicinal services settings where the data correspondence advances and the empowering condition are at the beginning time, the eHealth frameworks neglect to exhibit maintainability. So far not very many such undertakings have been found to support themselve s in both created and creating nations (Minichiello et al., 2013). There are different difficulties related with eHealth frameworks, for example, lawful issues, absence of ICT abilities, lacking money related assets, frail observing, and assessment. Theoretical system There is a requirement for the compelling theoretical system for the assessment of this innovation to guarantee its maintainability. As per Tyrrell Redshaw (2016), inside the created and the creating scene, the ecological, financial and social measurements fluctuate essentially. The creating nations experience deficiency of ICT abilities, insufficient ICT framework, and the lack of assets (Mastellos et al., 2015). Then again, the created nations are well outfitted with the necessary foundation. To effectively actualize the eHealth innovation framework, it is important to comprehend the operational condition of the framework and it's communication with the arrangement of intrigue. The writing survey features four elements to assess the eHealth innovation. The reasonable system intends to assess dependent on these components which are social, mechanical, natural and innovative variables (Khoja et al., 2013). The monetary factors about the maintainability of the eHealth include adequate and supportable financing, cost viability, and degree of profitability. The point of the financial components is to advance reasonable social insurance. The mechanical components incorporate specialized pointers, for example, unwavering quality, proficiency, information quality, accessibility, versatility, exactness, and flexibility (Suominen et al., 2013). Further the social and the ecological components are talked about in the outline beneath. Figure: Context outline eHealth framework (Source: Suominen et al., 2013) Social components Social result Moral Partners Social Culture Improved wellbeing and nature of care Dependability and agreeableness of eHealth Better clinical results Quick medicinal services administration and its value Upgraded support, clinical consideration, and successful dynamic Improved clinical consideration and wellbeing the executives Secrecy of the data, and upkeep of the patients personality Affectability to sociocultural issues Sharing of the wellbeing data with various elements of human services in same or various nations, inside a similar social insurance office Clients in the standard work get immediate advantage Inclusion of the partners Fulfillment, trust and readiness in utilizing eHealth Advantage in mindfulness and learning eHealth Appropriation of the innovation among the clients Prepared to make changes Advancement of human-PC connection Individual refined of utilizing electronic data Natural variables Lawful Ability and limit building Client and Authoritative Availability Arrangement Specialized, The board and Political Support Protection of the wellbeing information eHealth and ICT laws Insurance of licensed innovation Programming robbery ICT innovation preparing and other help for specialized group Accessibility of the equipment and programming projects, electric force and versatile system inclusion Rapid web and security of servers eHealth and ICT obtainment arrangement Change Management and eGovernment approach ICT administrations and backing Condition of administration backing, coordination and compelling association Backing of eHealth among strategy creators The social, ecological and monetary elements are related with the accomplishment of the eHealth. Ecological components like absence of strategy guidelines, ICT aptitudes, are the significant difficulties to the eHealth usage. Among the financial variables subsidizing issues is the eHealth maintainability challenge (Barakat et al., 2013). The theoretical structure can help the arrangement producers, administrators and the designers to ensure there is a supportable eHealth usage even in the asset compelled setting (Rippen et al., 2013). Assessment of the eHealth innovation Assessment ought to be completed in a few iterative stages comprising the lifecycle of the framework directly from the initial step to the last advance. Right off the bat, appraisal of the partner is led to distinguish their requirements and test the equivalent with the substance specialists to affirm that the necessities are satisfied. This is at the same time followed by idea and model assessment which is important to recognize that the eHealth device is in fact vigorous (Khoja et al., 2013). The new mediations can be created dependent on the evaluation. Furthermore, the impact of the inventive innovation on the medicinal services results is resolved in the objective setting. This phase of assessment includes hard estimates, for example, clinical status, cost,efficiency, and mistake rates. Delicate measures are additionally assessed, for example, demeanor of the clients and the degree of fulfillment. Thirdly, a realistic assessment is performed. It includes the assessment of the fr amework turn out, for example, revealed blunders, variety in the take-up, specialized issues, long haul impacts on the result pointers, and others (Rippen et al., 2013). The evaluator at this stage hopes to get results that reflect consistent improvement in the nature of the human services. The figure given shows the assessment of the assets at various strides of improvement and usage. (Source: Rippen et al., 2013) How the innovation will improve understanding consideration or wellbeing results The essential human services division in Australia can considerably profit by the eHealth innovation. The nature of human services administrations conveyed to the patient is accepted to be helpful for improve by giving refreshed data (Kaye et al., 2013). The Personally Controlled Electronic Health Records are heavily influenced by singular patients. These patients can settle on choices about which suppliers can get to which data (Minichiello et al., 2013). This framework is effectively open and can be changed according to the need. It is anything but difficult to store and offer the gathered data in this framework, dissimilar to the paper-based partners. The Computerized Provider Order Entry And Electronic Prescribing System has been found to improve the wellbeing of the patient using programmed dose alterations in this manner lessening the opportunity of recommending ineffectual drug dosages (Ossebaard et al., 2013). Constant alarms and updates encourage patients with fast mediation during a basic period. It prompts improved operational productivity and diminishing long of emergency clinic remain. Subsequently, it guarantees diminished various avoidable clinical episodes (Lam et al., 2013). As concentrated by Ossebaard et al., (2013 ), the Electronic clinical choice emotionally supportive networks, stores and utilize electronic solution information for producing counsel that shows restraint explicit. It assists with recognizing and report the impacts of potential medications association. It prompts updates about the way of life alteration and screening (Popescu, 2014). This vigorous choice help highlights are arranged towards extraordinary patient results, understanding needs, and patient fulfillment. Patients in remote and provincial networks can have expanded access to social insurance administrations. In Australia, various Indigenous populaces are spoken to in death and inability than the non-Indigenous (Meier et al

The Law of Constant Composition Essay Sample

The law of constant composition is one of the most fundamental laws, a true cornerstone of quantitative chemistry. Together with another basic law the law of multiple proportions developed by Dalton, the law of constant composition makes the basis of stoichiometry. This fundamental chemistry law is also sometimes called as Prousts law, or the law of definite proportions, or the law of definite composition. The Law of Constant Composition Definition What is the law of constant composition? In chemical science, the law of constant composition states that any chemical compound always contains exactly the same (fixed) proportion of chemical elements by mass whatever its source or method of preparation are. In other words, if we take any unique chemical compound, the composition of its elements is always the same for all pure samples that exist in the Universe. For example, 18 g of H2O contain 16 g of oxygen and 2 g of hydrogen 54 g H2O contain 48 g oxygen and 6 g of hydrogen 72 g H2O contain 64 g oxygen and 8 g of hydrogen In any case, the proportion by mass of oxygen to mass of hydrogen is 8 to 1. This ratio is fixed and it will never change no matter whether we take river water, sea water, lake water or water from a well or a spring. Similarly, we can use different methods to obtain carbon dioxide (CO2), for example, heating a lime stone or burning carbon, and each sample of pure carbon dioxide that we get is made of carbon and oxygen in 3:8 ratio. The History of the Law of Constant Composition The law of constant compositions is also referred as Proust’s law because it was first observed by a French chemist Joseph Proust. His observation was based on series of experiments that he conducted between 1798 and 1804. He studied inorganic binary compounds such as metallic oxides, sulfates, and sulfites. First, the law was published in a paper discussing iron oxides. He summarized the results of his observations in 1806 in his law hat stated that all chemical compounds are made of definite and fixed ratios of elements by mass. Nowadays, this fundamental law seems obvious to modern chemists because it is a basic part of the very definition of a chemical compound. But at that time it was completely a new idea, and Proust’s theory was considered controversial. It was disputed by a number of his contemporaries. The most noted of scientists who opposed Proust’s theory was a well-known French chemist Claude Louis Berthollet. He was a supporter of the concept that elements could mix at any proportion. This debate showed that at that time scientists did not understand the difference between mixtures and pure chemical compounds. The conflict lasted until an English chemist John Dalton formulated his atomic theory in 1803. He explained that the matter consisted of discrete atoms for each element and that compound chemicals consisted of certain combinations of different types of atoms in a constant proportion. The theory supported Proust’s law. Dalton’s law of multiple proportions developed the law of definite composition and stated that if certain elements could make multiple combinations, the proportion with which elements combined to make these compounds can be expressed in small whole numbers. Swedish chemist John Jacob Berzelius explained the relation between Dalton’s atomic theory and Proust’s law in 1811. Exceptions to the Law of Constant Compositions The law of constant composition laid the foundation for many outstanding breakthroughs in chemistry. It won’t be an exaggeration to say that the entire quantitative chemistry is based on his essential law. But the law of constant composition is not universally true. There are exceptions – non-stoichiometric compounds which can differ in elemental composition from sample to sample, for example, iron oxide wà ¼stite, which can have between 0.83 and 0.95 iron atoms for every atom of oxygen, and so contain something between 23% and 25% oxygen by mass. Proust had only basic instruments at his disposal so he couldn’t detect such variations. The existence of isotopic variations has a lot of advantages and they are used in geochemical dating because oceanic, atmospheric, astronomic, crustal, and deep Earth process may contain lighter or heavier isotopes. These variations are rather small, except in hydrogen, but they could be measured with modern instrumentation.

Communications Effect on Effective Conflict Management

Communication’s Effect on Effective Conflict Management Communication Conflict August 16, 2010 The process of effective conflict management is very complex. There are many elements that one must master in order to become effective at conflict resolution. In life, we will be faced with a myriad of people, all with different views and opinions; so naturally, we will be faced with conflict at some point in our lives. Once conflict is initiated (intentionally or not), it is important to keep a cool head and remember a few steps. According to our textbook, there are 5 stages for successful conflict resolution which are prelude to conflict, the triggering event, the initiation phase, the differentiation phase, and the†¦show more content†¦The most effective way to ensure resolution is to formulate an adequate conflict strategy. Conflict strategies are â€Å"overall plans consisting of a cluster of behaviors that people use in a specific conflict situation† (Abigail Cahn, 2007). This should occur during the following phase which is known as the differentiation phase. During this phase, it is advised that you analyze the information exchanged in the previous stages and work to formulate an adequate conflict strategy suitable for this particular conflict. Ideally, this process should foster an open, honest communication amongst the affected parties. It is important that everyone involved keep an open mind so that all possibilities are heard and so that we may keep our conflict strategy flexible. Again, communication plays a pivotal role in determining the success of the conflict strategy. The use of active listening and clear communication will be useful in getting all resolution ideas out on the table. It is important to be clear about what you expect from this conflict but it is of equal importance to listen to what the other party is seeking from this conflict. The final phase is the resolution phase. During this step, the affected parties should work together to achieve a realistic resolution that will benefit both parties. Part of good comm unication is having good listening skills. Once you reachShow MoreRelatedDtac Business Analysis38421 Words   |  154 Pagescould give general guidance and will be of benefit to marketers in similar fields on how to analyze competitive environment. From the result of internal and external evaluation matrix, DTAC can gain advantage of the opportunities and reduce negative effects from the threats as well as reinforce the strengths and minimize the weaknesses efficiently. As a consequence, in order to gain higher market share in Thai mobile phone market, DTAC has to improve the overall elements of marketing mix for serviceRead MoreDtac Business Analysis38437 Words   |  154 Pagescould give general guidance and will be of benefit to marketers in similar fields on how to analyze competitive environment. From the result of internal and external evaluation matrix, DTAC can gain advantage of the opportunities and reduce negative effects from the threats as well as reinforce the strengt hs and minimize the weaknesses efficiently. As a consequence, in order to gain higher market share in Thai mobile phone market, DTAC has to improve the overall elements of marketing mix for serviceRead More1200 Words on Army Leadership1501 Words   |  7 Pagescredit for what they have done right, but advise them on how to do better. When motivating with words, leaders should use more than just empty phrases; they should personalize the message. 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It has been defined as the specific collection of values and norms that are shared by people and groups in an organization and that control the way they interact with each other and with stakeholders outside the organization.[1] Ravasi and SchultzRead MoreThesis About English Proficiency Among Bshrm Students10781 Words   |  44 PagesPartial Fulfillment of the Requirements of Degree Bachelor of Science in Hotel and Restaurant Management By: Wendell Galapate Mau Bryan Calimlim Alvin Pancito Robert Charles Magno Rodrigo Tinaja Jr. Heizel Bisnan Lea Sojor Jenelyn Soriano Aisha Valencia Clarisse Hipolito Ian Victo APPROVAL SHEET In partial fulfillment of the requirement for the degree of  Bachelor of Science in Hotel and Restaurant Management, this thesis proposal entitled â€Å"LEVEL OF ENGLISH PROFICIENCY AND COMMUNICATION SKILLS AMONG

The Digital Of Digital Literacy Essay - 1403 Words

Context Digital literacy has been an ever steady presence in today’s society. It is time to bring digital literacy into mainstream America. It is no longer acceptable to wave aside the need for computer literacy; people more than ever need the ability to access information that can benefit them in an array of ways. In order for adults to have the ability to obtain valuable resources and services that they might be able to access, engage in critical thought involving everyday issues such as shopping, health, leisure activities and most important, work. With so many ways to communicate, adults are constantly connected through home and work. Digital consumerism is on the rise, and adults are inundated with an array of technologies devices available, anything and everything adults may need or want is at their fingertips. 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Strategic Supply Chain Management and Logistics of Wal Mart

Question: Discuss about the Strategic Supply Chain Management and Logistics of Wal Mart. Answer: Introduction Today, all successful companies are reaching out other markets in other countries or beyond boundaries. While doing business, the most crucial aspect of a company is related with the supply and distribution of raw material and finished goods in the target market effectively and efficiently. Thus, implementation of strategic and strong supply chain management and logistics is very vital in any organization (Leeman, 2010). This management is related with the planning, scheming, controlling and implementation of all business functions associated with the acquisition, manufacturing, dispersion and merchandising of products and services. In this study, significance and execution of effective supply chain management has been discussed. Along with this, integration of information technology to improve and benefit supply chain management are also been illustrated. The company is Wal- Mart to report and outline all the supply chain management and logistic aspects of a company. Moreover, effective logistic and procurement management plus strategy to improve supply chain management have also been represented. Wal-Mart is the largest and most prestigious supermarket in retailing industry in the world. Besides this, supply chain management is the backbone of any organisation that provides resources with low cost management (Brunn, 2006). It is just like nutrition to the company as it helps the company in operating and functioning of its business smoothly with financial benefits. Wal-Mart is based on the rebate retailing and opens up huge warehouse style supermarkets to save costs. It is also known as discounted city because of their supply chain management, they re able to operate their stores economically plus their self distribution management and transportation by trucks and deployment of RFIDS and bar codes to track their products with the suppliers are very efficient and effective (Coyle, 2012). This provides environment to a company to achieve its targeted goals in the market conveniently. In addition to this, an effective supply china management enable a company to reduce its supply chain cost as well as risk of costly breakdowns. Strategic supply chain management also ensures sufficient resources for the company with its extra money (Dyckhoff, et al., 2004). Moreover, it helps in improving the operational management due to which all the functions of the company carried out effectively. It also reduces the delivery time of the company that ultimately augments the experience of the customers and increases satisfaction among them. Supply Chain Management and Business Function Affiliation Wal-Mart supply chain management is very strong which assists it in other functions of the business such as purchasing of products from the wholesalers and suppliers, impressive inventory management like distribution, tracking, recording and availability of products on time. Furthermore, supply chain management integrated with information technology helps Wal-Mart in all other business function such as marketing and sales department to reach the target market and effective sales management in financial department (Hugos, 2010). Moreover, the strategic supply china management also aids in engineering department and human resource department. Wal-Mart also benefited in productive manufacturing system that cuts costs as well as improves the quality of the goods. Hence, it can be seen visibly that business functions are coordinated and efficaciously operated with the supply chain management. Wal-Mart persistently uses supply chain management to increase its market share and to survive or take competitive advantage over other competitors. Powerful supply chain management increases the skills and process experience of a company. Wal-Mart is emphasising in strengthening its supply china management over general business strategies (Rushton, et al., 2007). Thus, it can be depicted that supply chain management is based on the outlook of the company and its management team whether they are taking it as competitive advantage and very important part to perform business functions or not (Hugos, 2010). Moreover, is company able to outsource its supply chain management plus what are the resources company has that can give positive privilege to the supply chain of the company. It is also based on the factors that how company reacts to achieve its customers services, growth and profitability (Rushton, et al., 2007). Some of the key drivers that improve the supply chain management of Wal-Mart are customer services management process and procurement process. Customer service management is related to the customer experience and satisfaction because of services and products provided by the company. Procurement is the relationship of suppliers with the company that affects the product quality and cost management of the company. Building a strong relationship with the customer as well as suppliers is very important in this regards. Relationship management with suppliers via Strategies Wal-Mart advanced performance is based on the strong connections and longevity of the suppliers that helps any manufacturing in its growth. Information exchange between the suppliers and the company through RFIDS and bar codes are the strategy to coherence and articulate the relation between suppliers, wholesalers and Wal-Mart (Bidgoli, 2010). Its supply chain management is also famous for Just-In-Time delivery of the products. They are also precocious in sourcing their suppliers and easy relationship management with the suppliers. This provides various advantages to the company at the crucial or adverse time of companies. Besides that, many researches in manufacturing companies have shown that modern relationship management with suppliers are superior over the tradition price driven management of suppliers. Wal-Mart adopted some of the very effective and advanced technologies that bestowed it with easy and clear management of the company with supply chain management such as Collaborative Planning, Forecasting and Replenishment (CPRF) and Vendor Management Inventory (VMI) in its sales force (Bidgoli, 2010). It helps them in providing the product requirement from the market and objective to the manufacturing resource planning department to work accordingly. It also strengthens their inventory control management by effective co-ordination between suppliers and distributors. Filling stock on time, recording and crisis management is also being handled with ease due to integration of information technology. Wal-Mart satellite network is very advanced that appends transactions at the time of sale and sent massages to its management team quite easily. The software system incorporation in business processes has enabled companies in accurate accounting and recording of the data and transactions (Roberts and Berg, 2012). Due to information technological incorporation Just-In-Time manufacturing practices are also being implemented appropriately in Wal-Mart. Suppliers demand is also watched in the company by global satellite system, Retail Link which enables company to analyse and forecast suppliers demand. It is connected with suppliers network and provides real time sales data to distribution centres and cash counters. Create System for Supplier Relationship Management Supplier and buyer relationship is a vital aspect in the cost cutting and it also indirectly related with the customers satisfaction, customers gets qualitative goods in time as a result of good relationship with the suppliers (Hugos, 2010). Thus, this relationship needs a considerable focus to amplify the coordination and healthy relationship between suppliers and buyers. Some of the information system that helps the company in proper supplier relationship management is articulation of real time information associated with orders and market trends. Moreover, change in demand is also being forecasted and treated in time will help the company (Mangan, et al., 2008.). Supply information is being hatched and handled timely. Inventory systems that help in predicting the market need and communication and collaboration through internet with the suppliers to share massages and informations. Enterprise Resource System is integrated in the supply management system of Wal-Mart that embroils programming of entire business regarding suppliers such as placing order, tracking orders, receiving details and issue of invoices and bills. Along with this, online analytical processing system helps a company to predict on sales performance from different suppliers by analysing the history of the supplier. Wal-Mart uses integration information system in the supply chain management to mainly carry its operations with effective and coherent knowledge management between the stakeholders and management of the company. Persuasive knowledge management is the success key of Wal-Mart. Furthermore, Wal-Mart uses its advanced technologies in every part of the company for a flexible but accurate communication (Myerson, 2012.). Using Transactional Process System, the company ensures the timely and accurate billing, payroll and point-of-sale in the company which also entails the use of universal bar code with incorporating satellite system and electronic scanning of uniform product code for better knowledge management. It also helps in potent merchandising and inventory control. Next is Management Information System (MIS) that provides correct performance report of the company improves the security, tracking and business to business transaction of the company (Sukati, et al., 2012). Last is DSS that is related with the data storage with the help of retail link, it helps in improving the relationship of both retailers as well as suppliers. Information technology has contributed a vital functioning and operation ease to the company. It provides all the transaction to the company in real time as well as it communicates and forecasts with the information technology implementation significantly (Sukati, et al., 2012). It has provides strategic planning to the company to successfully achieve its targeted goals and improve its way of operations by fastening and delivering data with accuracy. Information technology is the fastest way of commute any message to any department of the company. It escalates the productivity of staff of the company (Wisner, 2014). Furthermore, it ensures the competitive advantage to the company and enhances the electronic bill experience. It aids in depleting the cost and enhances the tracing and expedition services. In Wal-Mart information technology has solved many issues related to almost all departments very effectively (Coyle, et al., 2012). However, there are various aspects which can be outlined as how information technology has a positive impact in supply chain management. It has provided the best E business solution to the company and provided extra time and budged to the company personnel's to look out for other serious and severe matters of the company. It has improved all over implementation of supply chain management by endowing rapid motion and teamwork support in the operation system (Monczka, et al. 2015.). In addition to this, it has provided effective supplier and retailer relationship management. Information technology enabled the best warehouse management for Wal-Mart with quick processing and quality information. Role of Logistics Management and Procurement Practices in Wal-Mart Basically the logistics management and procurement practices are categorised into four parts that is material management, channel management, distribution management and supply chain management (Ross, 2013). The material handling facilitated by logistic management enhances the quality and process of the production and manufacturing of the products. Channel management helps in transportation, and communication of raw material, and finished goods from one place to another (Ross, 2013). Distribution management is associated with the supplies of product in its ultimate place or middle place. With the execution of effective logistic management supply chain management complements the company in determined growth and profitability. There are some factors that need to be profoundly acknowledged while considering management practices related to logistics and procurement. It includes effective order processing, which ensures the improvement in performance of any task carried by the logistic department. Second is transportation that is related with the cost cutting by the aid of logistics department (Liu, 2011). Declined transportation cost will give competitive advantage to the company by making its product cost at low price and offering it as discounted price to the customers. Third, inventory management that is crucial and vital part of the company gives the maximum assistance to the logistic department by handling it right. Moreover, others are warehousing, material handling are also factors that influences the improvement in the logistic and procurement department (Croxton, 2001). Additionally, last is information system is the foremost integral part of the logistic and procurement management as it provides the best and advanced help to make the work faster and easier. To improve the supply chain management, some points can be considered that provides the company an opportunity to increase its profitability even more (Christopher, 2016). The focus of the company should always prcised on the narrowing of the supply chain cost of the organisation. Besides that, any strategy implemented in the supply chain management should involve less time to complete the whole process. The targeted value of production should always be watched and acquired through systematic execution of planned strategy (Ross, 2013). The quality of the product should be the main concern in the supply chain process for the customer satisfaction. Strategies should be based on the subsidised cost and with optimal utilisation of resources. Improvement in Business Performance Through Improvement Strategy With the above strategies for improvising the supply chain management, company will get some long- term and steady benefits such as lowering the over all cost in the supply chain management will give financial resources to the company (Lia, 2006). Along with this the improvised supply chain management will assist in satisfaction of customer services, effective manufacturing of the product and knowledge sharing even more flexible and clear between the management (Natto, 2014). On the other hand, it will also accumulate trusts between the stakeholders of the company and fewer inventories will be handled by the employees. To reduce the overall barriers in the implementation of new plan Wal-Mart has to make strong connection with customers as well as focus on suppliers and retailers. Apart from this, it has to reduce any complex system or hard strategies that delays or resists the production or operation of the company (Natto, 2014). Along with this, improvement in predictions related to market trends or suppliers, sales, production will also help in enhancing supply chain management effectiveness. Conclusion In the above discussion, it has been highlighted that Wal-Mart is fully integrated with potent supply chain management incorporating information technology. It benefits the company in proper knowledge management of the company which ensures the functioning of every business function smoothly. 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