The World of Management Research Paper Example | Topics and Well Written Essays - 1750 words

The World of Management - Research Paper Example At present, the demand of the management professionals are increasing gradually as an efficient manager is able to fulfill the objective of the company and increase the profit. In the globalized economy, when the economies of different country are connected to one another, the demand of a certified professional from an international organization is high. The professionals, who are certified from a professional organization, are able to handle the issues that arise in an organization in a proper manner. The areas of management include human resources, accounting, marketing, operations etc. Every department has some specific works to manage the company well overall. The managers of the operations department need to manage the resources available for them, for instance, labor and raw materials, and increase the profit of the company. The human resources mangers are responsible to manage the employees and make sure that they are motivated enough to do the job. Marketing managers have to make sure that the company is providing goods and services as per the customer requirement and the accounts department managers have to make sure that there is nothing false in the revelation of the financial information, which are used by the stakeholders of the company. The researcher has selected the area of business administration identify the history, job prospects and needed professional licenses in the field. Historical Overview of Business Administration Business administration means to manage the sources available to an organization effectively and optimally use the sources so that the organization can fulfill the objectives. During the 18th century, a Scottish philosopher Adam Smith has argued that in order to efficiently manage an organization, it needs to have specialized labor resources. He has also stated that some changes in the process can improve the productivity of the organization. If the specialized employees can be used in related places, they will get motivated , as well as the company would be benefited. During the 19th century, the classical economists provided the theoretical background about the processes of allocation of the resources, pricing and the production issues. In the 20th century, the organizations started to understand the importance of administration of business. They felt that an efficient leader could manage the subordinates very well. They can take out the best from the employees by motivating them. The universities have started the business schools where they provide the degree Master of Business Administration, also there were many personalities like Peter Drucker, who provided the theories of management. In this century, various processes invented by the researchers which can improve the efficiencies of the processes and increase the profit of the organizations like six sigma process, reengineering, various software development. During the period, business administration was divided into six different branches, namel y management information systems, marketing management, strategic management, financial management, operations management and human resource management. During the current 21st century, the administration process became more effective; for

Ecological Footprint Analysis Article Example | Topics and Well Written Essays - 750 words

Ecological Footprint Analysis - Article Example Further on the most popular methodologies of environmental impact measurement, such as the Ecological Footprint Analysis (EFA) and the Carbon Footprint are considered. The Ecological Footprint Analysis (EFA) first occurred in 1996 and was focused on measurements of consumed natural resources. This concept is defined in the following way: â€Å"the total area of biologically productive land and water required by an entity to sustain its current consumption levels† (Haque 2005). EFA is a helpful tool defining the magnitude of consumption. Every nation has its own measurement of EFA. For example, Canadian footprint is 7.8 ha per capita (Schmidt 2002, p. N/A). Therefore, in average, every citizen of the planet consumes 2 hectares of earth. There are many benefits of EFA as the measurement method of ecological consumption. This measurement enables nations to develop patterns of consumption. Moreover, the EFA serves as a factor of sustainability influencing policy changes and practi ces. Nevertheless, there are also some drawbacks in EFA. This measurement is a static and consumption is presented as a static phenomenon measured at a certain point of time. Each person can consume less goods and services and in such a way, it is not a realistic way to appropriate and consumption measurement of ecological resources. There are many factors missed in measurement of EFA, such as toxic waste production and assimilation, but much attention is paid only to environmental impact of the consumption. Very often EFA is beneficial, because it is very quick and does not require numerous attributes to the sample. There are many impurities related to gas, crucible and accelerator. In average, carbon contribution to the carbon signal can be measured and calculated (York, 2009, p. N/A). There are numerous inconsistencies triggered by the levels of impurity and this affects a failure of exact measurements. The accuracy of determination is often questioned because of quick measuring methodologies. Basically, EFA refers to the amount of resources consumed by people, especially water and land. A Carbon Footprint is focused on greenhouse gases emission. EFA contains greenhouse gas calculations. Both of these methods are focused on human activities’ impact on the ecology and the environment. Actually, there is an evident difference between these two methods, such as operational mode of methods. EFA looks like an accounting balance sheet of the global world. Minus side of the sheet is occupied by resource-consuming activities supporting human life, such as energy consumption, logging, construction, fishing or hunting and waste caused by those activities. On the plus side there is the Earth's bio-capacity, i. e. the natural ability of the environment to replace the resources and consume the waste (Heddings and Wendy, 2009, p. N/A). Ecological footprints are focused on estimation of sea and forest areas, which absorb greenhouse gases. The strategy of carbon foo tprints measurements has been widely spread for a long period of time (Wheeler 2004, p. N/A). The areas of greenhouse gas waste are used for increasing awareness of the gas impact on climate change. People contribute much to burn fossil fuels directly impacts an ecological footprint. More greenhouse gases require more sea and forest