Report (addressing the key issues surrounding financial and marketing Essay

Report (addressing the key issues surrounding financial and marketing applications of management information formation - Essay ExampleMIS systems enable organisations to transform unmanageable volumes of data into formats that supports faster determination making. Faster decision making empowers organisations with the capability to survive in todays rapidly changing business environment. MIS systems also enables organisations run simulations based on raw data which allows them to answer what if questions regarding their strategy. Broadly, MISincrease information utility crosswise anorganization. Information accessibility is essentialto the decision making process at all levels of the organisation functional, in operation(p) and strategic. In this discussion we shall look at the key issues surrounding application of MIS in two study business processes, namely marketing and finance.Marketing management information systems (MkIS) are computerized systems designed to support the av ailability of information required to ensure effective marketing activities of an organization. These needs of the organization can only be met by the marketing information systems if it provides the organization with operational, uninflected and collaborative functionality (Harmon 2003). The operational needs aspect is address by the customer management applications that focus on daily customer transactions and customer service. The analytical function is done by MkIS decision support systems that enable data analysis on factors modify the market conditions such as customers, competition and technology. The collaborative MkIS applications make it easier for managers to share information and work together virtually. Also, it assists in encouraging organizations to collaborate with their customers on product designs and preferences.Managing marketing information by means of IT has compel an indispensible element of effective marketing. MkIS offer new approaches for making better the internal efficiencies of a firm specially with

Senufo Kponyungo Mask Research Paper Example | Topics and Well Written Essays - 1250 words

Senufo Kponyungo suppress - Research Paper ExampleThis means that the antelope is a representation of particular species, something that explains some significant differences in style, which are observed in to the highest degree collections(Chicago, 1997).Therefore Kponyungo masks seem to be quite sophisticated than most of the austere kinds of the Gbon and following the 1950s, they were coated with sumptuous polychrome beautifications. Whereas the Gbon has got only the build of a chameleon on its crest, the Kponyungo masks usually have a myriad of figures, which varies to some extent from one mask to the other one. A bird (long crested helmet shrike, hornbill or fish eagle) biting a chameleon that is attached to form of cup, is a common grouping. The cup is a refers to a container for mysterious leaves and herbs. Another component can be figure of a female, which is an addition to the muzzle of the mask. Intermittently, mysterious bundle of feathers and porcupine quills is put in to the holes on the muzzle and extend however it is not a constant characteristic as it usually is with the artisan helmet masks. Thus, the most outstanding characteristics are the antelope horns and the warthog tusks.The costume is made up of jump suit, straight cut legs, drawstring neck with sleeves(feet and pass permitted to indicate contrast to the conventional (Gbon raffia costume)decorated in sienna brown or deep red dyes with analogical and geometric patterns. Each and every suit has got a distinctive design. There are other attributes for this spot of art. The masker usually carries a big, double-membrane, drum that is cylindrical beaten with a supple bludgeonlike stick. Later on, the Kponyungo is thence usually accompanied by an age-mate, who comes playing the very sacred of the Kufulo Poro community drums, a cylindrical, long take one which is played using a bent stick.When it comes to

Discuss or debate the Renaissance belief that harmoniously Essay

Discuss or debate the conversion belief that harmoniously proporti mavend buildings produce ideal Citizens - Essay ExampleThe fanaticism and mysticism that are imprinted into the European mind brought rough by the Middle Ages has been gradually debunked by the resurgence of rational thought of the period. Reason and not a blind following of the imposed doctrines by the church became the yardstick of the beauty, morality, and rightness of a principle or a thing.Rigid rationality and mathematical exactness has also been manifested in the artistic pursuits during this period. The beauty of fit and symmetry became evident in the artistic masterpieces that were produced herein. Having the notion that the ideal works of art should follow the unyielding logical and mathematical guidelines, artists in this era produced almost perfect symmetrical, proportional and balanced works of art.reincarnation architectural masterpieces were towering proofs of this artistic principle. According to A rt History 361 Summary of the Renaissance A union of all parts with symmetry and order of geometric proportions and designs using Classical architectural elements characterize Renaissance architecture. The intricacy of the designs during the medieval times was toned down to simplicity cleanness of design. Architectural beauty was a byproduct of mathematical exactness.Claude Fayette Bragdon critically discussed the relation of the artists personal beliefs and lifestyle to his works, in his book The scenic Necessity. For him, art is an expression of the self in terms of sense. Art then is physical manifestation of ones selfones ideology and tenets.Since art is a medium of expression, it subliminally evokes messages that create an opinion in a persons consciousness. Just as a writer can allude the psychological status and character of his reader, artists, such as architects, also can affect the psyche stunner of his magnum opus. If writers use meticulously chosen words, sentences, and paragraphs to evoke effective messages to influence his readers, we can also

Management seminar Essay Example | Topics and Well Written Essays - 750 words - 3

Management seminar - Essay ExampleThe former says, Some companies are making significant progress in stripping away stumbling blocks to gender diversity, (Issue 9, Women in Corporate Levels pg. 133). Among the diversity strategies, there is effective communication in the business case effectively indoors the whole organization beginning with the top administration. In this case, managers have the responsibility of availing broadcasts to their employees. This means that employees of both genders leave behind be able to follow up on their proceedings and programs thereby enhancing diversity at the workplace.In the process of cultivating female leaders, the organizations should have the core objective of friending women to realize success. Using Safeway as an example, it recognize that 70% of their customers were women. On realizing this, they had to broaden the diversity of their personnel so as to bring reflection of their node base. Male leaders have always been on the Frontlin e of every job opportunities, including grocery. The company realized that it could help women reach their success by employing them in these departments.In the process of developing future leaders, through the sell Leadership Development (RLD) programs, women should be given chances. When this initiative came in, it particularly targeted women so as to increase the matter of women who attend training. In this program, there were efforts to encourage women to advance towards managerial positions. It also ensured all the employees had equal opportunities for coaching, development, and advancing. at that place was also the establishment of womens development interlocks. This was primarily established for those women who were interested in advancing into management. This development network provides learning and networking opportunities for women across different sectors. They can share ideas, views as well as ideologies, getting

Management Information and Communication System Essay - 1

Management Information and Communication System - canvass ExampleIn order to achieve the constant supply of natural materials and the supply of goods and services to the consumers, a rail line firm should ensure that their supply chain focal compass point remainss are effectual. In this case, only an effective supply chain counselling system can enhance the firms responsiveness to its customers unavoidably and utilisation of its resources. In effect, the supply chain management system enables a firms coordination during the abutes of planning, production, and logistics with the suppliers. telephone circuit Benefits of impart Chain Management Systems A business should be able to evaluate the status of its supplies and resources bandage maintaining an enumeration system along the supply chain. Bowersox, Closs and Cooper (2010, p. 133) called this visibility, which is the ability of a business to track its resources and inventory along the supply chain while evaluating and managing each information regarding the resources and inventory. In effect, supply chain management systems benefits a business by using the information in the supply chain to plan against any potential problems along the supply chain. Consequently, the evaluation of these problems enables businesses to manage any potential risks, which enhances the responsiveness of a business towards its consumers needs. ... In addition, a business go out benefit by planning for the consumers constraints such as loony toons and storage capacities, raw materials required, and the amount a firm should produce in order to meet the consumers demands. Supply Chain Management Systems and Coordination of Planning, Production, and Logistics with Suppliers As earlier indicated, one business benefit of supply chain management systems to a firm is the ability of a firm to remain responsive to its consumers demand. In effect, an effective system will enhance a firms planning of its production to meet the market demand, which is the process of demand management. Bowersox, Closs and Cooper (2010, p. 133) noted, Demand management develops the forecast that drives antecedent supply chain processes. The importance of the anticipatory supply chain processes in a business firm is to establish the amount of products to produce and the raw materials required in the production of the products. In effect, an organisation maintains a steady contact with the suppliers of raw materials ground on the firms projections and stock available. A supply chain management system enables a business to identify the goods that require production in a firm. In this way, a firm will be able to balance between its ability in terms of resources available and the manufacturing stock. It is important to point out that these resources include the most significant resource of human capital. Bowersox, Closs, and Cooper (2010, p. 135) called this product planning and noted, It uses the story of requirements obtaine d from demand management in conjunction with

Knowledge Management- Group case analysis Study Example | Topics and Well Written Essays - 750 words

Knowledge Management- Group analysis - Case Study ExampleWorkers, in particular the scientists, are non willing to give up their true practices which they have been practicing since 20 years in the organization (Debowski, 2006). These employees were engaging in the behavioral evolutionary path to learning whereby past practices reflect current learning. Learning by doing was being practiced at an individual level through repetition of practices (Easterby-Smith & Lyles, 2005). A major inhibition to fellowship sharing in this case is significant hoarding of knowledge by new cater that places greater emphasis on individual performance on job as opposed to collective performance. Also, as per the social learning theory, these employees lack motivation towards knowledge sharing at an individual level by considering it as lowering rather than increasing productivity. Furthermore, there the lack of verificatory reinforcement to reward learning behaviors is evident. As per the behavio rism view, ignorance of behaviors leads to their extinction (Phillips & Soltis, 2004). This shows how lack of group rewards has contributed towards the extinction of knowledge sharing practices amongst scientists who are worried about securing individual gains. ... A few key recommendations may be offered in view of the above. Knowledge management must be viewed as an integrated process with an coincidence of the new technology, HR and practitioners (employees) (Jashapara, 2004). Hiring a consultant is not enough there needs to be a systematic process involving interviews, questionnaires and behavioral research to understand the practical issues employees face. It seems at present that there is nix cross-functional communication as far as project teams are concerned. Hence, team members must gather aft(prenominal) a project team is formed to discuss the way forward. Managers handling past projects must be encouraged to devote time to sharing their experience with the new projects team so that they can learn from past mistakes. Furthermore, employees who work on eight consecutive projects must certainly not be categorized as temporary employees as this way the company loses their crucial contribution to knowledge creation. The organizational structure ought to be redefined with specific terms of service attributed to temporary and permanent employees. Additional staff also needs to be hired because some employees are simultaneously working on twain jobs which increases stress and leaves little scope for knowledge sharing. Keeping in view the geographically dispersed genius of projects in Engineering Division, the development of Communities of Practice (COPs) is encouraged. Finally, there is little attempt towards learning from the best practices of new(prenominal) similar firms. There seems to be no benchmarking which compares the organizations progress against that of others. Knowledge-oriented firms often operate in a

DISCUSSION QUESTION RESPONSE Essay Example | Topics and Well Written Essays - 250 words - 4

DISCUSSION QUESTION RESPONSE - Essay ExampleThis prompted me to find articles that represent results of worldwide enquiry so that I could deduce the meaning of general research from them. In particular, I read twain general research articles and comp atomic number 18d their topic, methodology, and findings to a scientific article. This is how I came up with a conclusive answer. The first general research article talked about the relationship between conservation, tourism, and economic development (Conservation Tourism Economic developing Context 1). The second talked about staff development through education (EAEpedia 1). The scientific article pore on marine mammals and its approach concurred with definition about scientific research ( united States Department of Commerce 1). You are welcome to view the articles as this important discussion continues.Conservation Tourism Economic Development Context. The probe of the Effects of Conservation and Tourism on Land Tenure and Ow nership Patterns in KwaZulu-Natal. Web. 2004. 26 November 2011 United States Department of Commerce. Final Programmatic Environmental Impact Statement for the Marine Mammal Health and Stranding Response Program. 2008. Web. 26 November 2011

Week_T_Questions Assignment Example | Topics and Well Written Essays - 250 words

Week_T_Questions - Assignment Examplewould be better if you do not stand by involved in discussions where you put yourself in a position where you are left alone as opposed to a general public opinion, which exists at that point of time.In my opinion, the most important subject is to stop thinking in the all or none thinking pattern. What most of us do is that we tend to consider things in black and white terms and this is why we usually end up at one extreme with dissatisfaction of self, along with the disapproval of others for our points of view. Similar is the way of our thinking when it comes to terrorism, whether domestic or global. For instance, Muslims are always irritated ab tabu how the whole world blames them for every terrorist activity and take out their aggressions whenever and however possible. Due to this, they hardly get time to calm themselves down and think about the reasons that brought them in this position and what they can do to take themselves out of this tar geted position.Subaihi, T. (N.A). Whats in a beard? False stereotypes in a post-9/11 age. The National. Retrieved February 26, 2013 from

Business ethics Term Paper Example | Topics and Well Written Essays - 2250 words

Business ethics - Term reputation ExampleHowever, it is worth to note that such move put my job on the line from devil perspectives. Revealing the truth will upset the company through possible sales back bump around and ruined image. Internal conscience and professional ethics also push for doing the right thing. Reconciling these ii difficult situations constitutes the pressure in making the final decision concerning the defective products. The main question that is main(prenominal) in this case is what ought to be right. In this respect, the monetary gain of an action may not inescapably be right and as such must be shunned. In this respect, it would be important to betroth the Kant ethical theory which emphasizes the moral obligation to do what is right even if it might have pocket-size quantitative gain. In the short run, the company may enjoy but individual sales aggroup would be breaching ethical codes expected of them in keeping the truth from the clients.Making such special payments arrive to illegal and unethical business practices. It is important to note that legal structure guiding business in United States shuns corruption. Besides, fair competition offers level ground so that firms can compete on tone of voice judged by customer under no undue influence. Critical ethical assessment of the act puts personalised conscience on perpetual slavery of guilt on what may happen next and the magnitude of the problem. It is there important to act on the right rather that from the utilitarian perspective which considers only gains. In that respect, I would oppose my companys plan to pay the $ 5000 special fee. Some of the consideration includes the possible explosion of product defective nature that will ultimately bring the company down. On the otherwise hand such an action would provoke investigation on the legal platform on which such a business is to be operated. Should the authorities find out the illegal arrangement, the

The policies of a Government Essay Example | Topics and Well Written Essays - 2000 words

The policies of a Government - Essay ExampleUnited Kingdom has seen the development of these organizations at a massive scale, with the number extending into thousands while the number of political parties remains small. The public has immensely supported the petitioning of the province to succumb to significant rationalizes, and therefrom the membership of these groups has increased greatly (History Learning, 2010) The issue under consideration is an environmental factor, which has been drawing the attention of billions around the globe it is an ecocatastrophe that everyone faces, irrespective of cast, creed, gender, status or nationality. This environmental factor is the phenomenon of knowlight-emitting diodege domainwide Climate Change, which has been highlighted in political and economic debates, and Greenpeace International is one of the first pressure groups that promote this issue on a world-wide scale (IPCC, 2007). The slogan holds an free energy within itself, and prov okes the desire to act immediately Greenpeace has in effect used the terminology which strikes the emotions of the people, such as Fragile Earth and needs. It focuses on creating awareness and realization that the world is heading towards a disaster, and brings this issue on main scale, by confronting the government policies and large corporations which have led to this environmental degradation, such as forcing Timberland (a major shoe manufacturing company) to sort out their supply chain.The energy system of UK has become antique, and need up gradation to be conducive enough for contemporary times, and thus Greenpeace has proposed.

Kants Ethical Theory Essay Example | Topics and Well Written Essays - 500 words

Kants Ethical Theory - Essay ExampleHe rejects the belief of dogmatic philosophers like Leibniz and his followers that human reason could acquire knowledge of supersensible entities. Kant was more satisfactory with the nonion of secular morality and eschewed the idea propounded by Leibniz that religion was essential to establishing social order. Metaphysics, gibe to Kant, could not provide empirical evidence of the supersensible, like God. Kants disciples, such as Fichte, used his work as a springboard for German idealism, and he quickly condemned such for being too radical. The difference amongst autonomy and heteronomy is that an autonomous will is self-legislating while a heteronomous will is one where the acts of the self are enjoin by external rules. According to Kant, if an action is to be considered as genuine, then it should emanate from the self, or should be the result of autonomous will. Kants formulation of the categorical imperative is as follows Act only according to that maxim whereby you can at the same time will that it should become a universal law.This meat that when an individual decides to act a certain way as dictated by his autonomous will, he must aspire that such action will be the universal norm and that he is place a rule for others to follow in the future.

Business Law and Social Responsibility Research Paper

Business Law and Social Responsibility - look for Paper ExampleThis is unavoidable and will take place either willingly or in response to external obligations. While staying out of trouble is no longer enough, somatic entities ought to try to achieve a globally valuable mission actively. In order to earn trust, they ought to ensure transparency to enhance accountability (Savitz & Weber, 2006, 41-64). They should also ensure facilitation of communication, values, and cooperation. The Responsibility Revolution describes the means by which the American consumer has transformed from the era of the Great Depression until the Great Recession period in 2009. The way in which social responsibility is developing amongst the American people is by considering their spending trends on organic items and green products, which the corporate firmament in America is presently exploiting, as they were aware this would draw investment and customer allegiance (Friend, 2009, 81-84). This purpose led to rivalry amongst corporate entities trying to get greener than others did. The rivalry, though, is good for the environment as well as their r fifty-fiftyue. During his campaigns, President Barrack Obama persistently solicited the notion of green products, social responsibility and the consequences of the evolving attitude of the consumers. The corporate sector, however, refused to dramatise this revolution and instead acted defensively. The consumers, activist groups and government regulatory retaliated to this refusal by calling for commitment and responsibility and as a result, corporate entities responded in different ways including setting up of consortiums to run their projects, setting up of individual, ecological, and energy reduction schemes and contribution of at least one percent of their income towards the Global Fund (Desear, 2011). Creating a corporate entity that not however upholds but also exceeds is a move beyond the need to be less speculative and grips t he culture of all good. The Responsibility Revolution discloses the most brilliant ways for corporate entities to fabricate an enhanced future and hold themselves responsible for the outcome. The Six Principles to Help Evolve Responsibility umpteen corporate entities think they can hide their faults and only depict their achievements in the media. Blog posts, cable news, and even traditional media are filled with examples of the breakdown of this system, with British Petroleum (BP) being merely the most novel and clear example. On the other hand, the Responsibility Revolution outlines corporate entities that dodge ahead of their own bad media, revealing their faults to the press and critics. The result drives corporate entities like Patagonia, Seventh Generation, Timberland and Novo Nordisk to act not only more conscientiously but also neutralizes external pressure against them. In a 2010 article, it was quoted that, Most companies view that pursuing a laudable mission can amount to a land of rich opportunity. unless to successfully travel the road to corporate responsibility, an enterprise must navigate around six pall landmines (Huffington Post, 2010).

Williams Syndrome - Genetic Pediatric Illness Research Paper

Williams Syndrome - Genetic Pediatric Illness - Research Paper ExampleAfter some time, A.J. Beuren came crossways his own set of 11 patients who also had the same symptoms as described by Dr Williams in the past. give thanks to his contribution to the study of what was then an unknown complaint, the disease was named after the two men who contributed the most its understanding, Williams-Beuren Syndrome. However, the illness has also come to be known by other illnesses over the years. Physiopedia (2011) lists the other names as followsDr. Aneal Khan M.D., who authored an article regarding Williams Syndrome for Medscape Reference (2011) described the clinical manifestation of the illness to include a hard-hitting facial appearance, cardiovascular anomalies that may be present at birth or may evolve later in life, idiopathic hypercalcemia, and a characteristic neurodevelopmental and behavioral profile. The disease does not count to afflict anyone specific gender, ethnicity, race, o r socioeconomic background. However, it does seem to be most prevalent among children, affecting 7500 of each 20000 births. The most common symptoms of the birth defect according to Dr Rob Hicks (2011) include but atomic number 18 not limited toVarious in-depth studies of the illness link Williams Syndrome to the genetic makeup of an individual. Dr Rob Hicks (2011), author of Williams Syndrome for BBC Health explained that WS upset individuals most often have a defect in the DNA chain of chromosome 7 with astir(predicate) 26 genes deleted from its long arm. Unfortunately, chromosome 7 is one of the most important elements of the human gene as this concomitant gene is tasked with the manufacture of the protein elastin which according to Dr Hicks (2011), is is responsible for providing strength and elasticity to blood vessel walls. Babies born with Williams Syndrome are often underweight upon birth with difficulty in gaining weight and have certain development defects much(preno minal) as speech problems with the ability to speak not becoming present until the age of 3. However, the most concerning numerate of this illness is the widespread Cardiovascular complications associated with it.

Accounting fraud Research Paper Example | Topics and Well Written Essays - 1250 words

Accounting fraudulence - Research Paper ExampleThis paper identifies seek worry and pattern in a research paper, aligns the problem and purpose to identify strengths and weaknesses of qualitative research methods and model dissect design, and justifies selection of qualitative methods and the case study design over other research methods and designs. Overview of the research problem and purpose Fraud, a deception or misrepresentation that aims at deriving unauthorized gain, is a jet phenomenon in organizations and has extensive effects on different stakeholders. Examples of fraud include employee embezzlement, vendor fraud, customer fraud, and concern fraud including financial statement fraud (Albrecht et al, 2012). Prevention is the most economical approach to managing fraud still limited research has been conducted on the best technique for preventing fraud besides rule-based-strategies. Sufficient research has yet been done on other control measures such as auditing. Lack of empirical findings on fraud prevention strategies is indeed the research problem with focus on in-house data forensic and developing an misgiving on the factors affecting in house data forensic is the researchs purpose. Alignment of the research problem, purpose The research problem and purpose can be explored through qualitative research methods and case study design. ... One of the peculiaritys of qualitative research is its flexibility that allows for adequate alternatives to exploration. Its methodology allows for development of designs, procedures, and data accretion strategies within research processes, a property that maximizes data utility because suitable and adequate data is equanimous for research. The research method also focuses data interpretation and therefore relies on few variables for specific purpose. It is therefore able to overcome limitation of data on variables and develop meaning on a problem. some other feature of the qualitative approach, based on Academic Conferences, is its objective of a comprehensive and sweared rendering of a subject. The aim of the study, being an understanding of in-house data forensic therefore identify this propertys significance because a complete definition of the forensic approach and description of its features and factors around it will inform of its potential challenges and optimal application in fraud prevention. A qualitative researcher do non need much information prior to research and this not only identify ease of performance but establishes a strength in research fields that have not been explored and therefore miss sufficient background information. The researcher is also able to approach the study from a neutral locating because of lack of pre-emption (Academic Conferences, 2010). Flexibility is also strength of the method, also though it is also a characteristic feature. Selected research design can be reviewed at any stage of the research process to speed the objectives. Flexi bility also allows the method to adjust to challenges that may emerge during a research process or dynamism

The Role of NGOs in Chechen Conflict Research Paper

The Role of NGOs in Chechen skirmish - Research Paper Ex fatWhen the Soviet Union dissolved in 1991, Chechnya, which was then part Chechen-Ingush independent Republic in Northern Caucasus, also declared its independence. It was in December 1994 that the Russian Federation launched a military operation against the rebelling state. This ended in 1996 with a humiliating defeat for Russia, and Aslan Maskhadov was elected as Chechen President in 1997. However, despite of peace treaty signed between the two countries, Chechnya relapsed in a turmoil that the fairly elected president was unable to control. This was due to the destruction from the struggle, failure of Russia to provide promised war reparations, external interference by Islamic radicals, swelling crime and inter-Chechen enmities, which granted excuse to the Russian select Minister Vladimir Putin to launch a second war against Chechnya in 1999, in name of combating international terrorism, notwithstanding with an obvious p urpose of forcing Chechnya back into the Federation (Faurby, 1999).The combat continues as a guerrilla war with ample loss of life and resources on both sides and bleak prospects for hostilities to end soon. International humanitarian laws and human rights laws keep been extensively violated on both sides. Reports estimate death toll to be around 80000 since, darn the number of displaced to the neighbouring Dagestan is estimated to be 300000 (IRC, c.2006). Russian political leaders were insistent that the warfare was an internal matter for Russia, something that many a(prenominal) western leaders were eager to approve, as they did not want the Chechen conflict to hinder their relations (Cornell, 1999). This was not only politically problematic, but also a breach of international laws. However, as the Non political Organization (NGOs) like the Human Rights Watch and Amnesty International increase their activities in human rights expanse by bringing to light the violations and lob bying

Sources of Errors as a Student, Employee, Business Owner Essay Example for Free

Sources of Errors as a Student, Employee, personal credit line proprietor EssayError Proofing/Poka-Yokes The most useful mean for the lean incessant improvement is that of poka-yokes. The idea rattling is to develop countermeasures that give protection against errors and mistakes that occur in a process. If we follow these countermeasures, we would be considered secure from many another(prenominal) errors which can be disastrous for us. The idea to make every aspect of life error induction permeates our education sector, our attitude as employees, and as business owners.1. Student Errors* The common error made by the students is to choice their profession, which may not be according to their capabilities and natural endowment. Therefore, it is necessary to choose the profession according to the talent and abilities. * There are students, irregular in their studies because they do not manage a proper inscription for studies. To avoid this, they need to plan for their study goals properly.2. Employees Errors * The relationship of an employee with his boss and colleagues matters a lot in discretion his nature of working. He must feature the ability to follow the management decisions and direct his subordinates properly. * Violation of rules from the employees side. Every organization has its rules and every employees needs to follow these rules in order to work for the benefit of the organization.3. Business Owner Errors * Failure of any business is that when business owners dont set their goals to attain. So in order to avoid the failure there must be strategy and rules. * Business owner may not have strength to get the required quality of work from workers. He must have grip on every aspect of his business.4. Personal Life Errors * Some people do not have clarity in their life. It is one of the major error or mistake of life. One must set goals to enjoy a successful life. * Some people are trying to detect the shortcuts for enjoying a successful life which may prove fatal for them. Therefore, go for hard work rather to find shortcut paths.