Controlling System Within Unilever Commerce Essay

Controlling System Within Unilever Commerce Essay Unilever has an immovable control experience, which is agreed and frequently reviewed by the Boards. This incorporates risk management, internal control procedures and operations control which are planned to provide rational, but not complete, security that assets are refreshed, the risks facing the business are being addressed and all information required to be released is reported to the Groups senior management, including where appropriate the Group Chief Executive and Chief Financial Officer, within the required timeframe. RISK MANAGEMENT: Unilever manages a variety of marketplace risks, including the effects of fluctuations in foreign exchange rates, interest rates, and liquidity. It deals with the following risks: Treasury Risks Commodity Risks Procedure Risks Customer Relationship Risks Systems and information Risks External Risks TREASURY RISKS: Unilever has an interest rate management policy designed at enhancing net interest cost and decreasing instability. This is accomplished by adjusting the interest rate analysis of debt and cash places over the practice of interest rate switches. Fixed rate investments and borrowings give growth to a rational value interest rate risk. The fluctuating amounts give growth to a cash flow interest rates. Because of Unilevers wide operational reach, it is subject to risks from changes in foreign currency values that could move incomes. It is not possible to fully border these fluctuations.   Unilever does have a foreign exchange policy that needs operating companies to manage tradeoff and economic foreign exchange contacts within given limits. This is attained mostly through the use of forward foreign exchange contracts. Regional groups monitor compliance with this policy.  Unilever objects to decrease its foreign exchange contact in operating companies by borrowing in the local currency, except where introverted by local guidelines, shortage of local liquidity or local market conditions. In order to decrease the risk, Unilever border such investments and from time to time they reevaluate the currency. COMMODITY RISKS: Unilever sees risk where there is the potential for price instability in respect to the distinct commodities used in the production of the ultimate product. Commodity is the term used to describe a type of good which, while in demand, has no different variances when related to a rivals offering. Unilever feels that compelling a goods-based supply-chain perception helps to manage contact. In accumulation to the commodity risk focus, Unilever also borders risk by locking down contracts and using results. PROCEDURE RISKS: Procedure risk involves that theres a lack of formal procedures and lack of quality control system. Unilever always check their procedures and policies and they do have a check and balance over their control system. CUSTOMER RELATIONSHIP RISKS: To know the needs and taste of customer and building strong relationship is also a risk factor for Unilever because of the continuous innovations and developments the needs and taste of the customers are changing frequently. In order to know the needs of customer Unilever has set its customers sales and design outlets which enables them to find the new ways to satisfy customer needs. They monitor the progress on a regular basis. SYSTEMS AND INFORMATION RISKS: Unilever use IT systems to interact with their customers but on the other hand they have a threat of the misuse of their personal and sensitive information through unauthorized access. In order to prevent this risk they maintain the control system check the security settings on a regular basis. EXTERNAL RISKS: The external factors such as economic and political indicators and natural disasters can create a great amount of risk for Unilever. They regularly update themselves from the current business results and cash flows. They have been continuously designing plans for crisis management in the event of economic, political and natural disasters. INTERNAL CONTROL AND PROCEDURES: Unilever control framework is supported through a code of Business Principles which set values of efficiency. It needs that senior managers in each department controls the value of internal control because they are a key to huge risk factors. The Boards have individually all the responsibility for establishing procedure to check the effectiveness of internal control and reviewing and revaluating them their effectiveness. There is a day- to- day review of effectiveness of internal control system and Unilever monitor its risks with ongoing basis. OPERATIONS CONTROLS: Operations Controls is the control in which you make sure that operations activities are carried out as they were planned. Operations Controls include following controls: Financial Control Budget Control Inventory Control Maintenance Control Cost Control FINANCIAL CONTROL: Managers at Unilever put financial controls in order to trace performance and evaluate the performance to the attainment of financial goals. Unilever managers develop strategies to line the risk in a structured way. They follow a financial assessment process through which they evaluate that at what pace they are reaching their strategic financial goals. This assessment process requires the senior manager in each business unit to check effectiveness of financial controls. BUDGET CONTROL: Managers at Unilever put budget control in order to track that whether their income and expenditures are planned or not. They have a comprehensive budget system which is approved by all the stakeholders and board of directors, which is revised and restructured on a regular basis. The performances against the budget of Unilever are monitored through monthly and quarterly reporting routines. Then the updated report is distributed among the stakeholders. INVENTORY CONTROL: Unilever has a very proper system through which they control their inventory. They produce the goods according to the demands and tastes of their customers. A unique supply chain and warehouse capacity is bigger challenge for them. They had a very strong inventory control at their different distribution centers, where they control the supply and demand of their products. Unilever has also a proper warehouse management system in which they capacitated their inventories. MAINTENANCE CONTROL: Unilever has a proper maintenance control system. The maintenance manager at Unilever individually monitors the equipment on daily basis. After monitoring, they create a report on the history of this monitoring for future examination. Furthermore, they have a warning system alerts on their equipments which makes their controlling system more effective and efficient. COST CONTROL: COST control is the process of controlling cost and checking whether the costs are with the accordance to the budgeted cost. In Unilever cost control is an essential part because it determines business stability. Unilever controls cost to create more profit. They have a proper check and balance over the wastages of raw materials so that they might eliminate those raw materials which are inadequate for their production process. INSPECTION: Unilever has also an inspection system in which they hire inspectors. They check quality of products, machines and equipments, raw materials used for the production of goods, site inspection and location inspection where they conduct their research work. AUDIT AT UNILEVER: Unilevers internal audit plays an important role in the assurance of the value of risk management and other related control operations to both operations management and the Board. Unilever has an independent audit committee which is entirely composed of Non-Executive Directors. This Committee meets Chief Auditor and external auditors on a regular basis. INFORMATION TECHNOLOGY: Unilever uses Information technology to provide managers with information which they need in their decision making. Unilever uses SAP software to monitor and control its business, which now used globally. The ERP system produces annual sustainability reports. SAP is working more with the business leadership and process leaders; it develops and support business strategy. The SAP system values it customers, meet its customers, started to listen its customer and take corrective actions for the needs of its customers. Mistakes can be controlled by SAP and they are rectified at the time they are detected by SAP. SAP: SAP stands for Systems Application and Products in Data Processing. It was developed by IBM engineers in 1970s as standard based software. SAP is used by organizations to manage their enterprise. This includes managing their day-to-day operations, inbound and outbound logistics, finances, HR etc. ERP: ERP stands for Enterprise Resource Planning. It is implemented by various organizations to centralize the database systems and functions of every department in a single system. ERP is used by Unilever which helps them to decrease their losses and increase their profit.

Leadership 101

John C. Maxwell is an Evangelical Christian author, speaker, and pastor. He has written over sixty books, known internationally as a leadership expert and coach. Dr. Maxwell has co-founded the company Equip, which is a non-profit leadership company. Also he founded The John Maxwell Company, known for training leaders all over the world. He speaks at many companies and different organizations throughout the years, as well write many books within that time. He has written books for people who cannot attend one of his incredible conferences. The book written by John C. Maxwell, titled â€Å"Leadership 101: What Every Leader Needs to Know. He discussed three main points important to enhancing people leadership abilities. These points include leadership development, traits of successful leader, and what type of impact a leader could have. The first point Dr. Maxwell explains his concept called â€Å"The Law of the Lid. † In this principle the lid is the leadership ability that det ermines a person level of effectiveness. The lower the lid indicates an individual lack of leadership ability which leads to poor effectiveness. On the other hand leaders with greater abilities have greater effectiveness. This means your leadership ability determines your level of effectiveness.Dr. Maxwell said â€Å"Success is within the reach of everyone, and personal success without leadership brings limited effectiveness† (Maxwell 7). Basically leadership and effectiveness goes hand and hand. The next topic Dr. Maxwell discussed in his book was the traits that every leader should posses. One important trait for leaders is self discipline. Dr Maxwell said â€Å"no matter how gifted a leader is he will never reach his full potential without the application of self discipline† (Maxwell 26). Self discipline is the ability to accomplish goals within a certain time period.In order for a leader to be successful they must be able to manage and prioritize their time to reac h their goals. Another important thing related to time manegment and leadership is where to focus your time. Dr. Maxwell also dicusses the twenty / eighty principle, which states twenty percent of your priorities, will give you eighty percent of the production (Maxwell 30). This means the top twenty percent of an individual leadership produces and the next eighty percent is spent to develop it to its greatest potential. Additional traits important for leaders include character traits and vision.Vision allows you to see the final goal that you want to obtain. A leader also needs to relate or connect with others to share that vision. The last topic Dr. Maxwell discusses was the type of impact a leader could have. A leader needs to be able to influence the people around them. Dr. Maxwell said â€Å"the true measure of leadership is influence- nothing more, nothing less† (Maxwell 61). Basically leadership is influence. Influence can be develop and use effectively to get an amazin g outcome that every leader wants to see. By having influence you can make your leadership last. A leader is a lasting value measure by succession†, said Dr. Maxwell (Maxwell 98). Leaders leave legacy of succession. As I read this book, I’ve realize I can be more effective leader by growing and also learning. As I get older, I’m getting wiser. Reading this book the points Dr. Maxwell discussed developing and traits of a leader. I have certain traits that each leader has, and I’m not using my full potential to be as effective as I can be. Dr. Maxwell asked â€Å"Will you leave a legacy? † (Maxwell 99). I know I will one day leave a legacy in the world. I just need to grow and keep learning to be a good leader.

Issue of Immigrant child in Canada Essay

During the recent years, there has been extraordinary raise in the number of immigrants in Canada. Asians cover the largest group of the recent arrivals to Canada. During 1986 and 1991, there were 819,000 immigrants in Canada of whom 19 percent of them were children under the age of 12 years . (New Canadian children). At present, Asians are the fastest growing population in Canada. Asian immigrants include Indians, Chinese etc. , of whom Chinese make the greatest number of Asian immigrants in Canada over the past 20 years. (Asian Canada). In 2003, Chinese comprise of 17. 3 percent of Canada’s immigrants. The Government of Canada is providing many facilities for such immigrant children. Despite of the facilities and the help given by the government of Canada, the Chinese immigrant children in Canada are facing many problems which include language problem, family income, school learning system, food style, living environment, cultural change, etc. , The teaching style in the Asian nations and Canada are quite different from each other. (Researcher debunks) Chinese immigrant children in Canada face many problems in the school due to the teaching style and the language problem. Because Chinese value traditional ways of schooling, power imbalance occurs in between the teachers and the immigrant parents. Parental involvement is very important to the children whose native language is not English. (Parental involvement). Chinese immigrants who came to Canada recently are facing barriers to communicate effectively with the school personnel. Chinese parents communicated with the teachers or school personnel only two to four times a year where as the non-immigrant parents communicated once in a month and even once in a week. (Home school communication). This happens because of one of the common reason that the Chinese parents cannot speak English and need to rely on the interpreters. The other reasons include non-availability of the school letters, school programme schedule and also with the lack of time. The immigrant children feels much pressure on the new education system. When the home language is Chinese and English being the medium of instruction in the school, the child finds it very difficult to adjust and could not understand the concept when compared with the non-immigrant child. The children because of the language problem to communicate with other people, could not mingle with other children and find hard to make friends. If the immigrant child has friends in the school, it makes the child to develop communication skills as well as the interpersonal skills. This effects the child’s mental development. When the child is physically and mentally happy and supported by the parents and the society, then that child becomes successful in the future. There are several reasons which leads to the vulnerability of new immigrant groups in Canada. Some of them are inability to speak dominant language, separation from community, negative public attitudes, and lack of knowledge of the health care systems. Poverty can be calculated using product of education and occupation but this may not be true with the immigrant situation. Most of the immigrants have more formal education when compared to Canadians, they often face underemployment and unemployment. Due to the instability in the income, their children are affected. The parents cannot provide them with good educational facilities, quality food, and all other necessities as compared with the non-immigrant children. Due to the low functioning capacity of the family, the children suffer from the mental disorder, stress, conduct disorder, hyperactivity etc. These children are psychiatrically disordered. These affect the education, games and other activities of children when compared with the non-immigrant children. The immigrant children also includes the children of the single parent family status. These families are usually accompanied by low education, low income, and there is a high risk of mental and physical health problems. The development of the child completely depends on the parents and the society. Children of alcoholic parents have high risk of developing psychiatric disorder. However, according to the report by Offord and Lipman, the disorder rates among the new immigrant children are lower. (Growing up Canadian) Immigrants start their adaptation to the new country through a process called acculturation. (Acculturation/adaptation). An individual who is a participant in culture contact situation and when a person is being experienced by the external culture directly, it is known as psychological acculturation. The result or conclusion of acculturation is adaptation but this method includes stress which affects both immigrated parents and children. Expectations of both the new and old culture on the immigrant children show much burden. The acculturation affects the Chinese immigrant children in internal domains such as aspirations and values and external domains such as social experience and the living environment. The meeting of the two cultures takes place in several levels to the immigrant Chinese children. The fore most level would be the cultural practices and beliefs, social experience and the parental expectations. Chinese culture is completely different from that of the western culture. Asians give importance to the needs and rights of the group of people and they believe in interdependence. But these principles are incompatible with the western culture where they believe in the individualism, personal growth and individual achievement. Certain amount of discontinuity concerning cultural contexts and values of their new and previous homelands are shown on the recently immigrated Chinese children. By the cultural discrepancy, the immigrant Chinese children feel acculturative pressure from both sources like schooling and peers. The immigrated Chinese children will be unwilling to stick to the parental norms due to the pressures of the new culture. The cultural values to which the immigrant children are used to in their homes would conflict with those of the values and beliefs of the western culture. However, the immigrant children stay different from the non-immigrant children in their values. The immigrant children have their own norms and values which are important in the practise of daily life. The immigrant Chinese Children experience discrepancy in the food they eat usually because the food which Chinese eat is completely different from that of the western nations. The immigrant Asian children have been found to achieve higher academic performances and the parental aspirations are high when compared to non-immigrant parents. Chinese immigrant children may thus locate themselves between the parent’s high expectations and comparative poorer aspirations of the new culture. A source of concern over the Chinese-Canadian community is the racial discrimination. According to the leaders of the Chinese-Canadian community, the immigrant Chinese children have not only been ostracized but also they have been subjected to physical and verbal attacks. These attacks were unacknowledged by the schools and the teachers. Adolescents and the immigrant Chinese children have been the unknowing sufferers of violence. The immigrant Chinese children were the targets of different forms of discrimination. Due to this the immigrant Chinese children experienced complicated social relationships even in the school where the children feel alienated and isolated. The immigrant high school Chinese students feel much difficult and socially isolated in their English classes. Encounters with discrimination and racism are very common among the immigrant Chinese children. Thus the difference between the parental expectations, cultural beliefs of their country and the new host country would confuse the immigrant children regarding their aspirations and personal values. The Chinese immigrant children experience bias based on race and so they have diminished sense of belonging to their school communities. In Canada, the immigrant disabled child is not treated properly. Canada is violating Rights of the child as well as the seven articles of the united nations conventions. The disabled immigrant children in Canada are not guaranteed social and basic educational services. Canada is violating the rights of the immigrants by refusing the children with disabilities. Disability is understood as a political issue rather than the personal issue. The provisions under immigration and refugee protection act (IRPA) and the original immigration is best known to the poor treatment of people which was later enacted to replace in 2002. Canada’s system of immigration does not recognise children with disabilities but rather gives importance to the economically desirable workers. The immigration of a disabled child depends on the how independent the children could be when they grow up. Even now, the Government of Canada is admitting disabled immigrant children only in some of the cases. If the government does not give permission for the disabled child to get immigrated, the child goes through tough times which spoils his career. The Government of Canada is providing certain programs which help the immigrant children to build up English language and adjust with the school environment. These programs include ESL, LINC etc. , ESL stands for English as a Second language. (ESL in Canada directory). ESL means teaching English to a person whose primary or native language is not English. Education laws in Canada provide that ESL should be provided to all of the students who have been enrolled in the schools and whose primary language is not English. ESL programs in secondary and elementary schools are designed in such a way to meet the needs of the children to meet the proficiency standards. It focuses on English alphabet and phonetics to the children of all ages. In cooperation with the local school boards and colleges, community and immigrant organisations, the Government of Canada offers French and English language training programmes. This is known as LINC. LINC stands for Language Instructions to Newcomers to Canada. (LINC programs) Intergovernmental cooperation helps territorial and provincial governments to put forward to members of official-language minority communities to provide education in their own language. (Intergovernmental Cooperation) British Columbia literacy program for the immigrant families/children have been released for the immigrant families with young children. The immigrant PALS (Parents As Literacy Supporters) is made for the for the pre-school children and the parents living in Canada for at least three years. The Government of Canada provide education to the immigrant children through the language schools. Language schools are the schools where foreign languages are studied. Language schools offers certain specific programs to the people wishing to prepare for internationally recognised language exams such as TOEIC, TOEFL, University of Cambridge ESOL examinations, DELE etc. The immigrant Chinese people comprises most of the population in Canada. The immigrant Chinese children are facing many problems in the society, school etc. , and they are often confused with the culture and customs of the new and previous homelands. They are also experiencing bias based on race, language and food and they stand socially isolated. Despite of these problems, the immigrated Chinese children are achieving higher academic performances. The Government of Canada should provide more schemes and facilities to the immigrated Chinese children and should help them to get better in their studies. REFERENCES: 1. Morton Beiser, New Canadian children and youth study, Health Canada, March 31, 1999. http://ceris. metropolis. net/Virtual%20Library/health/beiser1. html 2. Marc Star, Asian Canada, http://www. goldsea. com/Features/Canada/canada. html 3. Guofang Li, Researcher Debunks â€Å"Myth† that Asians Are, by Nature, More Academically Successful than Other Minorities, December 4, 2002. http://www. buffalo. edu/news/5975 4. Simich-Dudgeon, Carmen, Parent Involvement and the Education of Limited-English-Proficient Students. ERIC Digest. 1986-12-00. http://www. ericdigests. org/pre-925/parent. htm 5. Lily L. Dyson, Home-school communication and

Family Health - 1300 Words

Family Health Assessment Family health assessments are an interactive way to gather information regarding family history and dynamics, level of knowledge and interaction. â€Å"Families provide the structure for many health-promotion practices; therefore, family assessment informs health-promotion and disease-prevention appraisal†. (Edelman, Kudzma, Mandle, 2014, p. 150) This paper will review a completed family health assessment that addresses eleven separate topics. After reviewing and analyzing the information, appropriate wellness diagnoses will be identified. Including the whole family is important since â€Å"Family health practices, whether effective or ineffective, encompass activities performed by individuals or families as a whole to†¦show more content†¦While none of the family members have any memory deficits, there is a strong family history of Alzheimer’s on the females said that does concern her. All of the senses seem to be intact, though the adult male states he has a decreased sense of smell related to his past smoking history. Self-perception and role relationships were discussed with the individuals separately and then together. The family dynamics are very traditional. While both parents work outside the home, all four members of the family agreed separately that the adult male was the disciplinarian. The adult female was frustrated at times with the lack of support from all members with household chores, describing the men in the household as â€Å"lazy†. The oldest child stated that the parents were easier on and had less expectations for the youngest. All members seemed to have respect and love for the others and the boys were respectful of their parents. Sexuality was the most uncomfortable topic for the boys to discuss. They left the room when their parents answered questions. 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