Hospitality Industry PESTEL Analysis

Hospitality Industry PESTEL Analysis The process of conducting research on the business environment within which the organization operates and on the organization itself, in order to formulate and implementation of strategy for future business operations can be mentioned as Strategic analysis of hospitality organization. To do the assessment can use number of tools to process of strategic analysis, including PEST (sometimes PESTLE) for analyze external environment and, SWOT analysis use for the internal environmental scanning, and Michael Porters five forces model use to assists to understand the competitive forces, the attractiveness and current position in the industry. An effective way to know the past, present and future potentials regarding the industry development is analyzing the industry background as the part of strategic analysis. The External analysis can assess the factors affecting the industry to be existed including political, economical, social, technological, legal and environmental which have great impacts to run the business and use PESTLE analysis. In any industry which it is domestic or international, whether relating to products or services, the rules of competition are personified in five competitive forces of entry of new competitors, threat of substitutes, bargaining power of buyers, bargaining power of suppliers, and rivalry among the existing competitors. According to Porter, one of the crucial determinants of firm profitability is industrial attractiveness. In this assignment, a strategic analysis of the Galadhari hotel which is in hospitality industry has been done through the combination of both theoretical and practical facts regarding this property including organizational background and industry background of this hospitality sector in Sri Lanka, an assessment of the forces affecting the external environment (the use of PESTLE analysis) and an assessment of the attractiveness of this industry (the use of Porters 5 forces) regarding the future strategic action to grab more hospitality market share. Background of the industry and about Organization By concerning about the Sri Lankan market of tourism there can be seen growth in the tourist market. All this euphoria gives rise to the doubt about whether Sri Lanka Tourism is well on the way to recovery and growth or not. For the last seven months that ended July this year (2010), arrivals are up almost 50% year-on-year (YOY) (341,991), with income also keeping pace at 69% growth (Quarter 2; US$ 244.5 million). The hotel and travel Colombo Stock Exchange (CSE) index has been increased by almost 200% for 2009. Today tourism is running on everyones minds, and it is difficult to open a local newspaper without seeing at least one written article on tourism. The reason for the dramatic improvement in Sri Lankas tourism data is the victory of war in May 2009. This would be a remarkable result when compared with other regional tourism destinations. Another reason for this improvement was the leader of the terrorist has killed and there is reason for cautious optimism that the social situation in Sri Lanka can improve rapidly. We can hope the company can take advantage of the peace dividend by increasing the number of destinations the airline serves. Hotel Galadhari is one of the leading five star luxury hotels in the Sri Lanka. The story of the Galadari Hotel, Colombo which opened its doors in 1984, is a splendid tale of continual improvement of product and highest standard of quality in hospitality over the past 25 years. The vision beliefs of the hotel is firmly grounded in extending a true personalized service to all our guests, laced with an unforgettable luxury hotel experience with the finest traditions of international hotel-keeping. The Galadari Hotel, Colombo, meticulous about maintaining the privacy of its guests has drawn in many an elite personality from around the world such as heads of government, prime ministers of leading nations, royalty, well known sports music personalities over the past two and half decades. Situated in Colombo city with many a historical building within walking distance and a panoramic view of the magnificent Indian ocean, the Galadari Hotel offers a rich blend ofÂÂ  service and quality in five star luxury living with 450 room super luxury hotel in Sri Lanka that overlooks the Indian Ocean and is adjacent to the Presidential Secretariat, Banks and the World Trade Center, with easy access to the shopping areas in Colombo. In hotel they are so many facilities are available, coffee shop lobby bar, chines restaurant, Scheherazade Arabic restaurant, pastry shop and garden terrace, karaoke, pub and also have health club and pool, body care and massage therapy ,bed-and-breakfast hospitality properties are available to accommodate the guests and the basic requirements of their comfortable stay. Hospitality sector is a great source of income generation for the new investors.For instance, annual turnover (in2008) was Rs. 164 (million), operating profit (in2008) was Rs.13.65(million), growth in turnover (in 2009) was 25 percent, number of rooms is 450 rooms, average occupancy rate was 80 percent and growth in local hospitality sector is 15 percent. Now, it is easy to understand that how much revenue earning Galadhari hotel in its sector of hospitality. Mission of Hotel Galadari We are exceptional operators of contemporary 4 and 5 star hotels and create value in every encounter with our owners, guests and associates. Vision Exceptional and personalized service, exceeding expectations, and inspiring a connection to our brand in the experiences we provide. Values Exceptional Service Company understand that the value can be created with every encounter and this is reflected in its superior standard of service. Integrity honest and straightforward in our interactions with hotel owners, guests, colleagues and the communities in which hotel operate Respect Hotel Galadari respect the objectives of our stakeholders, the values of its guests, and the cultural difference in the locations that it operate. Teamwork and Passion We bring our individual expertise, creativity and passion for industry as a Hotel Galadari team member. Continuous Improvement Hotel is innovative and utilizes best practices to continually improve its management techniques, and the quality of products and services. Strengths and Weakness Strengths Visitors from Western Europe also prefer to stay in hotels in the southern coastal belt where the main attraction is the beaches. So Location of the Hotel Galadhari is strength to the organization to enhance their businesses. There has also been a downturn in the arrival of Indians, who prefer Colombo hotels. Colombo city hotels have been able to maintain higher occupancy levels than hotels on the southern coastal belt because of more business travelers, and special visitors such as those coming for conferences. Hence Galadhari also have more business opportunities in the Colombo city. Since then the leisure sector has under-performed hugely, and Galadhari hotel has more facilities to spend the day more leisurely. Well expertise work group has Galadhari to give satisfied service to their customers Weaknesses The location of the hotel is in the high security zone in Colombo which is Located in Galle Face Green promenade and with views over the Indian Ocean, this property offers a high level of service and security. Hence it could get difficulties to the tourists. Situated right next to the World Trade Center and the Presidents Residence, the hotel enjoys the most secure part of the city. The distance to hotel between airport is very far and gets more time to re ach hotel. It could cause to the business conferences which are held in the hotel. The main purpose of the established of Galadari Hotel is to attract the overseas seminars conferences to the Sri Lanka. Because of the distance to Airport and hotel is too far and get more time to reach to the destination. And also the traffic on the roads is mainly impact to the time it takes to come to the hotel. Because of these reasons the main purpose has not been achieved. Galadhari has only few room facilities and they have enough land to build new hotel rooms in their own land. Hotels Galadhari has high gearing, high costs to maintain staff, and for refurbishment. Factors affecting the external environment in hospitality In strategic planning, external analysis of hospitality industry has been done with the use of PESTLE analysis and Porters 5 (five) forces in defining the strategy, making decisions on allocating resources to pursue the strategy. Source: http://www.sltda.lk/sites/default/files/Statistics_book.pdf (Access: 15th September 2010) Source: http://www.sltda.lk/sites/default/files/Statistics_book.pdf (Access: 15th September 2010) PESTLE Analysis (P)olitical Factors In Sri Lanka it is socialist republic, state. The government is a mixture of the parliamentary and presidential system. Head of the state is president and current President is Mr. Mahinda Rajapaksha and he is the chief of armed forces and head of government. When the companies formulate and implement the strategies the political arena has a huge impact upon the regulation of businesses, and the spending power of consumers and other businesses. We have to concern about how stable is the political environment, influence of polices, laws that regulate or tax your business, What is the governments position on marketing ethics, governments policy on the economy, government view on culture and religion, government involvement in trading agreements. State has main responsibility to facilitate to the tourists and funding to the tourism products development projects and do promotions to attract the tourists to the country. On the other hand government has to encourage local and foreign investors to invest their money to develop tourism products and liberate taxes. To growth of the tourism infrastructure facilities are directly affect. So government has the main responsibility to develop and maintain infrastructure. Educated workforce in international standard is also important to give good and satisfactory service to the customers. Because of that government has make rules and regulations to standardize. A change in government party is directly impact to the any industry in the country because their policies it will effect to run the business. When the government strict their security policies it highly impact to the Galadhari hotel. Because tourist who are coming to the hotel. It leads to waste time and may be getting bad image among the tourists. The Tourism Act No 38 of 2005 came into effect in October 2007. With the flow of the new Tourism act, the Sri Lanka Tourist Board Act No 10 of 1966, which was in effect for the past 41 years, was replaced. In terms of the requirements contained in the new act, the Tourism Development Fund was officially constituted, with 2 main sources remitting finances to the fund. By way of 1/3 of the Airport Tax collections and 1% of the Turnover of all Sri Lanka Tourist Board registered establishments. The Act provided for the setting up of the Sri Lanka Tourism Development Authority, thereby replacing the Sri Lanka Tourist Board. (E)conomic factors In Sri Lanka it has open economy and the Gross Domestic Pproduct grew at an average annual rate of 5.5% in the country. In Sri Lanka service sector is strong in the economy and it indicate 58%, fro agriculture its 12.8% and from industry 29.2%. Almost everyone talks about Sri Lanka tourism being the engine of growth and expects it to play a pivotal role in the economy and it has improved in 6% in this year. Tourism give benefits to the economy as well as it are the cost to the economy. Tourism process also involves economic costs, including the direct costs incurred by tourism businesses, government costs for infrastructure to better serve tourists, congestion and related costs borne by individuals in the community. Economic impacts are also become crucial factors in marketing and management decisions which are directly effecting. Communities therefore need to understand the relative importance of tourism to their region, state or community. Tourism provides great opportunities for regional development particularly for regional areas undergoing structural change. Being a labor intensive industry, with the right motivation tourism can deliver great employment and training opportunities particularly for young people who like to be professionals in this field. (S)ocial Factor Sri Lanka being a multi-religious, multi-ethnic country with a population of 22 million pluss Lankan culture is a rich blend of the interaction of diverse cultural patterns both indigenous and derived from, trade, religions which are Buddhism 69%, Islam 15%, hinduism 8%, Christianity 8%. The cultural patterns of Sri Lanka today show the lasting impact of a diverse range of cultures.. The overall culture is largely the result of the impact of the introduction of Buddhism, more than 2,300 years ago and Hinduism the second most prevalent religion in Sri Lanka. This does not erase the heavy influence of Hinduism, together with the lesser impact of Islam, and Christianity. By concerning about the education background the literacy rate of 92%, and 83% of the total population having had secondary education in the country. Sri Lanka has one of the most literate populations amongst developing countries. Tourists appreciate the hospitality of Sri Lankan People. When the hotel Galadhari provide the services like cabare dancing, supplying prostitutes are not suitable to the Sri Lankan culture. The bad effects of the tourism can said that tourism has affected the values of our people, particularly our youth. It is true that some tourists engage in anti social acts. Some of the tourists are drug addicts or perverts and corrupt our youth and they spread incurable diseases such as aids. But we should keep in mind that all the tourists are not black sheep. (T)echnological Factors Technological factors are also important fact which effect to the hotel industry in many ways which are comprises the utilization of the latest inventions and technologies facilitate the business activities which are digital telephone facilities, broadband Internet connection, Wi-Fi technology, multimedia projector, LCD screens, online reservation systems, property management software and online information exchange program (Point of Sale) etc. Now a days technology is rapidly changing in the world day by day. As the five star hotel Galadhari should doubt to the new technology in the market. It will help the organization to have competitive advantages. Technology can used to reservation, online services like online booking, do the promotions. The rapid development of technology is affecting the businesses in Sri Lanka and all over the world. Changes in the technology have changed the way businesses operate i.e. Internet booking for tickets and holidays. Faster changing development in technology creates a need to react quickly for different businesses in order they want to maintain the competitive environment by providing the same innovative services, which their competitors are offering. Distribution of products by the use of technologies. (L)egal Factor When concerning about the legal factors include tourism act, discrimination law, consumer law, employment law and health and safety. These factors can affect how a hotel operates, its costs, and the demand for its products in tourist industry. The Tourism Act No 38 of 2005 came into consequence in October 2007. With the flow of the new Tourism act, the Sri Lanka Tourist Board Act No 10 of 1966, which was in achieve for the past more than forty years, was replaced. In conditions of the supplies controlled in the new act, the Tourism Development Fund was legally constituted, with two main sources remitting funds to the fund. By way of 1/3 of the Airport Tax collections and 1% of the earnings of all Sri Lanka Tourist Board registered establishments. Attracting and promotion is handled by the Tourism Promotion Bureau. Tourism HRD functions and the Hotels School operations are undertaken by the Sri Lanka Institute of Tourism Hotel Management. The Sri Lanka Convention Bureau was also restructured as a statutory body like other Institutions to be managed by an independent Board of Management (E)nvironmental Factor Hotel Galadhari is situated in the Colombo and in Colombo it hasnt proper drainage disposal system and the hotel dispose its drainage to the sea. Because of that so many environmental issues occurred around that. When we promote tourism there are thousands and thousands of tourists unleashed annually in the country, without proper planning, there is bound to be serious environmental and sustainability issues. Such large-scale and fast track growth has to be carefully planned and managed within specific tourism zones to prevent environmental and cultural degradation. Individual hotel developments will not suffice. Such well-planned, large-scale tourist resorts can be designed to encompass sound sustainable environmental practices (e.g., common self-contained sewage disposal facilities with recycling of water, solar lighting for resort public areas, no-build green belts within resorts, etc). Such organized and well-managed, large-scale developments contained in several designated zones will help mitigate most of the possible negative fallout of the socio-cultural and environmental aspects. Building and subsequent maintenance should be under strict environmentally-sustainable guidelines. Hotel industry directly affect to the environmental pollution in the country. As the five stars category hotel, Galadhari has the responsibility to protect our environment and also developments in the country and have to think about the pollution Assessing the Attractiveness of the Hotel in the Industry Threat of new entity According to tourism act the new entrant has to abide by this regulation to establish a hotel as well as charges for the services. In the business arena, the number of competitors increases when any business organization makes good profit and has a good potentiality for future. According to current situation, entry barriers are high and exit barriers are low, few new firms can enter into the industry and poorly performing firms can easily exit. After the war Sri Lankan government has opened the market to new investors to invest their money to build new hotels as the hotel industry is now booming in the country. In that situation so many hotels are building in the north area and customers willing to go in those areas. New entities are use new technology and specialist knowledge to develop their business and it may be affect growth of the business of Galadhari hotel. There are factors related with the threats of new entrants in the hotel industry in Sri Lanka which are as follows- Easy credit facilities for new entrepreneurs in hospitality industry and Legal supports from the government for local entrepreneurs Infrastructure development Policies for foreign investors to establish world-class organization including tax exemptions, ownership, duty, tax law and remittance, National Tourism Policy and Vision to boost up the tourism and hospitality industry, Fewer numbers of competitors in the current marketplace. (Only 5 five-star hotels in Sri Lanka). Higher profit margin Threat of substitute products As the hotel industry specifically targets on accommodation, entertainment and fooding facilities, the substitutes of these facilities may include other food industries (fast food and restaurants), entertainment (bar, discos, clubs etc.) and for accommodation facilities sharing with private establishment (visiting friends and relatives) and others related with accommodation facilities. Every customer looks for high perceive value in their owned products. Substitute products are goods and services from outside a given industry that perform similar or the same function as a product that the industry produces. In this context, many organizations focus on their competitors rather than substitute products and the market share declines concurrently, therefore the market strategies should be flexible to cope with such threats. In the hospitality industry, the substitutes may include various types of guest houses, inns, motels, private-owned guest houses, condominiums, small boutique hotels, bread-and-breakfast hotels and apartment hotels which might be the threats for a specific star-category hotel like Galadhari. In this current marketplace, there are many substitutes of the star-category hotels in Colombo for accommodation Jaj -Samudra, Gall face Hotel, Hilton, Mount Lavinia,.; for food KFC, McDonalds, Pizza Hut, BFC, Pizza Corner, Dominos Pizza etc.; for entertainment night Clubs, many more which might distract the customers rather than the hospitality industry to have the products and services of a hotel. Competitive Rivalry among existing players In the conventional financial mock-up, contest between rival companies drives profits to zero and is not ideal and companies are not simple inactive price takers. Rather, companies struggle for a competitive benefit over their rivals. The strength of rivalry among firms varies across industries, and tactical analysts are paying attention in these differences. In this current competitive period, the tough contest among business organizations increases when number of competitors are in the same marketplace based on their products categories, target markets, types of services, financial affordability, volume of the organization, profitability and potentiality of the market trends for long term business. In this case, price discount, special offers, lower profit margin and turn down in the market share are generally occurring between competitors. In Colombo, the rivalry among competitors is really high as this hospitality is a booming sector in Sri Lanka and only few competitors in the five-star category hotels in Sri Lanka to serve the customers. Moreover, the customers are trying to defend each other through products variation, service quality improvement, defining new target markets, exploring new products innovation and development and providing exclusive facilities to the guests. The competitive rivalry is happening in hospitality industry in the Sri Lanka and it is also affect to the hotel like Galadhari. When the company implements their strategies they should have Varity in their products and services. Bargaining power of suppliers The suppliers can play one of the main roles in developing or declining the reflection of an organization .When the suppliers are more, the bargaining power of them generally goes down whereas fewer suppliers can demand more benefits from the organization. Suppliers are those firms or individuals that provide contribution into the creation of an industrys production on time. It could be in forms of resources and raw materials, services, employment, direct products and others obligatory stuff by the organization. Now a day most of the services have out source in the companies. In the hotel industry, the suppliers are involved in various departments including rooms, food and beverages, IT, guest and travel bookings, security assurance, property management, transport, ensuring business facilities etc. The suppliers in case of hotel of Galadhari is including travel agents and tour operators for guest reservations as well as corporate clients, educational institutions for manpower supply, IT firms for property management software and IT solutions, local importers for international food and beverages supply, security agents for safety and security, local rent-a-car for special arrangement etc. Bargaining power of customers One of the main parties is customer in every organization. Customers mean consumers or intermediaries those who buy the production of an organization to have or resell it to someone else in the market. If there are various products and huge competition, customer bargaining power rises up and vice versa. The bargaining power of customers depends on some factors like requirements of the customers, time and convenience to the desired destinations and thus, they can easily toggle into another product. By considering the hotel industry in Sri Lanka, the bargaining power of customers are very high and they have enough options to toggle into another hotels by comparing in terms of costs, quality of service, product categories and special offers provided particularly for group bookings and long-term stay. Sometimes Galadhari hotel has rack rate of the hotel facilities. In the pick seasons like December, the bargaining power of the customers becomes lower and lower. When in the tourism season the hotel has unbearable customers and their bargaining power also very high in this season. 7.0 Conclusion The process of conducting research on the business environment within which the organization operates and on the organization itself, in order to formulate and implementation of strategy for future business operations can be mentioned as Strategic analysis of hospitality organization. To do the assessment can use number of tools to process of strategic analysis, including PEST (sometimes PESTLE) for analyze external environment and, SWOT analysis use for the internal environmental scanning, and Michael Porters five forces model use to assists to understand the competitive forces, the attractiveness and current position in the industry.

Regression Results :: Research Analysis

3.3.4. Results For the purpose of finding a suitable function for benefits transfer, different meta-regression models become specified: (i) different functional forms (e.g., a simple linear form versus semi-log form); (ii) a fully specified model including all independent variables and a restricted model on grounds of statistical significance or econometric problems (e.g., multicollinearity); (iii) robust consistent standard errors to correct for heteroskedasticity. As shown by the test for heteroskedasticity (see Table 3.7), a simple linear form has heteroskedasticity. There are several ways to correct for heteroskedasticity (e.g., GLS, WLS, robust consistent errors, and data transformation). For this study, robust consistent standard errors and data transformation (e.g., the log transformation of the dependent variable) are utilized. All independent variables initially are considered, even if later dropped on grounds of statistical significance or econometric problems (e.g., multicollinearity). Some variables (e.g., MSW and ACTIV) are dropped because the variables have multicollinearity and/or are statistically insignificant at the 20% level for optimizing the meta-regression transfer model (suggested by Rosenberger and Loomis (2001, 2003). A wide range of diagnostic tests has been conducted on each regression for benefits transfer (suggested by Walton et al. 2006). The R^2 for the overall fit of the regression, hypothesis tests (F tests and t tests), and diagnostic works (e.g., skewness-kurtosis normality test, Ramsey’s RESET test for the specification error bias, heteroskedasticity test, and multicollinearity assessment) are reported. The F test assesses the null hypothesis that all or some coefficients ( ) on the model’s explanatory variables equal zero i.e., ã€â€"H_0: ÃŽ ² ã€â€"_1= ÃŽ ²_2=â‹ ¯= ÃŽ ²_k=0 for all or some coefficients (Wooldridge 2003). A linear restriction test on some coefficients is useful before dropping the variables when some variables are unreliable due to multicollinearity (Hamilton 2004). An important issue when handling small samples is the potential for multicollinearity which has a high degree of linear relationships between explanatory variables (Walton et al. 2006). The high correlation between estimated coefficients on explanatory variables in small samples can produce possible concerns: (i) substantially higher standard errors with lower t statistics (a greater chance of falsely accepting the null hypothesis in standard significance tests); (ii) unexpected changes in coefficient magnitudes or signs; and (iii) statistically insignificant coefficients despite the high R^2 (Hamilton 2004). A number of tests to indicate the presence and severity of multicollinearity exist (e.g., Durbin-Watson tests, VIF, Tolerance, and a correlation matrix between estimated coefficients). One test is the variance inflation factor (VIF) which measures the degree to which the variance and standard error of an estimated coefficient increase because of the inclusion of the explanatory variable (i.

Preparing a Virtual Workstation Essay

Abstract To be able to launch Windows 7 virtual machine on any computer in our labs without triggering the WGA antipiracy warning. Lab 1 Worksheet: 1 Preparing a Virtual Workstation Question 1: What is the current screen resolution? My current screen resolution is 800Ãâ€"600. I would have prefer this resolution, because I can slide between the virtual machine and my main computer. Question 2: What security advantage does displaying the login screen on resume offer? Some security advantages that displaying the login screen on resume offer is that it offers security from anyone coming along and taking a look at what you were working on. As well as gaining access to your computer and all your data. Question 3: How did changing the theme affect your display? Changing the theme will affect the cursors color, selections and icons. Question 4: What other file type option are available? The other file type options that are available is CD .ISO or DVD .ISO. Conclusion Based on Lab 1, I was able to launch Windows 7 in the virtual machine without triggering the WGA antipiracy. To know how to adjust the current screen resolution and the benefits of having a login screen on resume for security purpose. Finding that changing the theme for personalizing the computer and how to create an .iso image with Roxio Creator DX. References Zacker, Craig. (2012). Windows 7 Configuration Microsoft Certified Technology Specialist Exam 70-680. John Wiley & Sons, Inc.

Analysis Of The Poem Django Unchained - 1313 Words

assuage guilt as it is well-documented that westward expansion could not have occurred without the displacement of Native Americans and the exploitation of slaves, later-freed slaves, and immigrants of varying origins. As such, modern westerns have chosen this aspect as a point of subversions with examples such as Blazing Saddles (1974), Django Unchained (2012), and The Magnificent Seven (2016). Blazing Saddles serves as a merging of the Ranch and Marshal narratives and is ostensibly meant to shed light on the absurdity of racism but also manages to provide a scathing critique of a common archetype of the Classical Western: the Rancher. â€Å"These are people of the land,† says Gene Wilder’s Waco Kid. â€Å"The common clay of the New West. You know†¦Ã¢â‚¬ ¦show more content†¦2. He must never go back on his word, or a trust confided in him. 3. He must always tell the truth. 4. He must be gentle with children, the elderly, and animals. 5. He must not advocate or possess racially or religiously intolerant ideas. 6. He must help people in distress. 7. He must be a good worker. 8. He must keep himself clean in thought, speech, action, and personal habits. 9. He must respect women, parents, and his nation s laws. 10. The Cowboy is a patriot. The parallels to these other moral codes are apparent in its’ call to kindness, honorable action, and behavior worthy of role model. And like all other practitioners of warrior codes, the cowboys routinely flouted these rules. Just as knights and samurai engaged in wanton acts of cruelty and Anakin Skywalker violated the Jedi mandate against attachment, historical cowboys would violate every one of these rules. In fact, there is no historical precedent for a Cowboy Code existing; such a thing was purely a product of East Coast imaginations and dramatizations of the untamed West. And it is important to note that most Western fiction operates with this core logic with one example being previously cited in this volume: the narrative of Jesse James and his death at the hands of Bob Ford. Autry-logic shames Bob Ford for violating the First Commandment while labeling James as a victim, despite the fact that he was an outlaw (this labeling is allowed

The Picture Of The Pictures Essay - 2290 Words

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The officer is persevering and shows exceptional resourcefulness in tackling unforeseen events effectively. Is absolutely honest and utterly loyal to the organisation. Has well developed and ripened mental faculties and provides whole hearted co-operation for his colleagues

Hat Task 3 - 1308 Words

Global and Environmental Communicable Disease Effects July 8, 2013 Western Governors University HAT- Task 3 Global and Environmental Communicable Disease Effects Community health nurses face many concerns that can create environmental and global health issues. In history, humans have battled many health epidemics, from as early as the black plague, to polio, and more recent issues of measles, small pox, and HIV/AIDS. Many vaccines have been created and billions of lives have been saved, but there is still many unimmunized. Communities worldwide are at risk for many communicable diseases and should be prepared and knowledgeable about their community’s risks, protocols, and how to keep their community members safe. Measles,†¦show more content†¦At the first possible outbreak of SARS, the nurse will need to follow protocol. The initiation of the protocol begins with an assessment of the patient. A doctor will determine if the patient is possibly infected with SARS by following the physical and epidemiologic criteria. The Center of Disease Control and Prevention mandates reporting to the all cases where the patient has pneumonia of an unknown origin, and could have recently been exposed of the SARS virus [ (Center of Disease Control, 2005) ]. Once the report has been made the community health nurse should have all hospitalized patients with respiratory symptoms questioned on their recent history and possibilities of contact with the virus. Next, the community health nurse needs to educate staff and the community about possible ways to contract SARS, and encourage behaviors such as, frequent hand washing, covering their nose and mouth while coughing or sneezing, and using and properly disposing of tissues for respiratory secretions. [ (Center of Disease Control, 2005) ] Once health care members and the public are educated on the route of transmission they can prevent being exposed. Confirmed infected patients would be transferred to Seattle, where they can be in isolation rooms, patients can be more critically monitored, and research centers can be of benefit toShow MoreRelatedWgu Hat Task 32188 Words    |  9 Pages  Global   Health    EEEeeCommunity   Health   Nursing    EE                Community Health Nursing Environmental   and   Global   Health- ­Ã¢â‚¬ HAT   Task   #3    Lynn   Senfelds    Western   Governor’s   University       Environmental   and   Global   Health    Task   A- ­Ã¢â‚¬ 1    The   Communicable   Disease   Outbreak   of   Avian   Influenza    2               Communicable   diseases   account   forRead MoreKey Findings From Secondary Sources1510 Words   |  7 Pagesall parts of the guide were be relevant to this Hills Hat project, it was nevertheless very comprehensive and encouraged a whole-of-life analysis. †¢ Operations Management, Edition 9, by Jay Heizer and Barry Render (Heizer Render, 2008). 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They can create innovations for health systems, hospitals, and healthcare providers so they can help and provide the best care possible to patients and their families around the world. Medtronic is working with health systems to provide and combine our capabilities with their knowledge to help change how the company can work together and to achieveRead MoreEssay on Strategic Management and Strategic Competitiveness1374 Words   |  6 Pages With offices in more than 30 countries, Red Hat, founded in 1993, is the worlds leading provider of open source solutions, using a community-powered approach to provide reliable and high-performing technologies (Red hat company, 2012). The five technologies are cloud, operating system, storage, middleware and virtualization. Globalization and technology have positively impacted Red Hat. 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Commonwealth Operational Issues Using ERP System †Free Samples

Question: How Commonwealth Focus On The Operational Issues With The Usage Of Best ERP Systems? Answer: Introduction The report focuses on how the accounting information system is able to handle the collection, storage and the processing of the financial and the accounting data that is being used by the different decision makers. The context of AIS is taken with respect to Commonwealth Bank in Australia, where how it has been able to incorporate Xero as the accounting software package which provides the secured data feed solutions for the business. All the small business customers are also required to work on the applications for the data feed where Commonwealth Bank focus on delivering the simple, and the best functionality to make the life of the people easy. The report also focusses on the ERP systems and the structure which relates to managing the resource planning with the improved setup process and secured connection. The company CBA will define how the inefficiency and the errors need to be evaluated with the standards set to meet the accounting forms. For Commonwealth banks, the accounting software is important to handle the payroll management in the system along with the proper analysis of the inventory. Through this, there is a proper access to the small business systems along with handling the data security. The solutions are based on working over the NetBank and Xero systems that hold the reconciliation of the functionalities. Organizational Structure As per the decision of the Managing Director of Commonwealth Bank, the structure is aligned on the development of product and the service delivery. This is important for handling the customer segments with the changed responsibilities for the leadership team (Commbank.com.au., 2017). The structure focus on the customer base, where there are retail banking services where the customers seek the accessible and the affordable banking procedures (Commbank.com.au., 2017). The investments and the insurance services are also based on the third-party support services from the brokers and the agents. The company works on the management of the institutional and the business services that cater for the financial needs of the initiation and the middle market business customers as well. Operational Issues As per the analysis, Commonwealth Bank is facing major issues related to the operational risks, where there are scandals related to the chronic overcharging of the customers at the British banking arm (Commbank.com.au., 2017). The CBA customers are left cashless with degradation in the electronic services which are for the bank customers and the executive teams. The errors riddled online platforms are also driving the customers away. ERP systems There is a need for the company to work and make use of Xero software which helps in handling and balancing the improvement for a proper processing. The secured success and the connection is possible through the transactions that are being done and delivered. The bank feeds also include the improved and the secured connection (Commbank.com.au., 2017). This is mainly through handling the cloud based technology where the ERP of the system works with easy forms of the data transactions along with working on how to handle the savings account. CBA is also able to cater to the needs with the reconciliation of the accounts and then controlling the flow of cash with proper setup of business (Khairi Baridwan, 2015). Here, the demands are depending upon the records and the easy processing of the data. The modules are highlighted with the easy management of the payroll and how the inventory standards are able to make a better place for the in-house systems. Flowchart Here, the procedure of the sales includes the receiving agent, vendor, superintendent, buyer and the customer. Here, there is a need to prepare a proper quote so that the process could be reviewed along with preparing the invoice for making the payment (Bhiani et al, 2014). The process also includes how there is a possibility to receive the orders of the different items and then proceeding with the shipping officer. The review of the quote and the quote acceptance is important for the proper flow of the data. The reviewing is based on the preparation of invoice and how the system is able to handle the evaluation of RFQ (Request for Quote) (Collier, 2015). Possible issues There are different issues which relates to how the functioning and the processing could be done when there are issues related to the system of Xero. The foundation is based on the possibility where the false data need to be evaluated and then linked for the system accounts. The employees ID along with handling the deletion of data for the previous employees is a major issue. Along with this, there is a need to set up the connection to the bank account with the ID so that it is easy for the money to float in the account. Some of the users work on accessing and making use of the network connections for the system, where the software is never able to give a proper access to the rights of the user (Commbank.com.au., 2017). Hence, it is seen that the system of the user is set at a lower pattern. With this, there are issues related to the system storage upgradation, where there is a time wastage in the conversions that all require a proper amount of time for money that comes when there ar e changes in the business principles (Ismail King, 2014). The major focus is on the time and how the expense efficiency could be satisfied with the proper designing of the software. For this, it is important to take note of how to balance any of the unbalanced error and work towards reporting and setting a better business performance. The best solution for the same is to work on the evaluation of the system where the user can easily handle the system of the file on the local driver. Through this, there is a major possibility where the user could also maintain and work towards the setup of the system privacy. This is only possible when there are monthly updates about setting and deleting the data of the files which are irrelevant. Accounting Information System Package The AIS has been launched by IBM which is considered to be able to setup the system dynamics along with working on the proper generation of reports. The working is based on the regulatory and the tax agencies where there is a need to handle the different financial transactions and record keep that is important to work on the real-time applications. AIS is also important to work with the inventory order and how the notifications are processed for the accounting. The sales are made where there are invoice customers and the warehouse to assemble the order and get notified for any receivable. The functionality is based on the flexibility and how the investments are processed for the effective development (Wang et al, 2014). The functioning could be worked on through the Peachtree which includes the expansions and the working on the system integration. The structural standards are based on working with the accounting applications and how the different requirements could be met with the ma jor focus on quickening the processes and handling the processor systems (Bodnar Hopwood, 2013). MYOB includes the company acquiring with the Australian standards set to meet the research and work with the business that is based on the small and the large number of the organization structure. The adaptation is based on the software standards with the reduced paperwork (Wang et al, 2014). Market Size The market size depends on the AIS software requirement, where there are people 1600 approximately who are working on the management. Along with this, there are certain investors and the creditors who are able to proceed with the accounting systems and management. ERP includes the basis where the software packages are defined under the choice of ERP. Hence, for this, the architectural format is based on the larger forms where the setup is through the data that is collected and worked on for the proper storage of the information. The accounting information is also depending upon the fact about how the clerk tends to enter and work on the details related to the invoice with the check on how it is easy to provide with the accounting vendor information (Simkin et al., 2014). The characterization is based on the costs with determining the different ledgers. Here, the purchasing format and the patterns are generated to handle the accounts with effectiveness that is based on working for any of the medium and the small sized companies. The check is on the cloud computing factors. Leaders in the market With the change in the market standards, it is seen that Xero is considered to be one of the leading companies that is able to handle the different transactions. The company is able to work on the different standards of accounting and how the information could be processed through it. It is important to analyze about the different set of factors which is for maintaining the system standards as well as the accounting software. The check is important to maintain the consistency where the company like Commonwealth Bank tend to make use of Xero and the implementation for this is also based on the considerable reliable standards with the ignorance to the system inconsistency. Limitations The check is on how the issues could be evaluated with the system security and the inconsistency factor. The integration is based on the fact how the users are able to take hold of the third party vendors along with easy handling of the fast time to market. With this, the check is also on the limitations which relates to the system of fraud that is to take hold of the other individual forms of recommendations (Wang et al, 2014). Recommendations The company needs to work on the cloud computing with the focus on how the encryption could be done. The flexibility will also work to handle and solve all the issues related to the development of system structure. The challenge is related to the desktop factors and other forms of the associated software which relates to cryptography. The measures are also set for the cloud computing and to handle the competitive edge that will improve the efficiency and the information security factors. The focus is on the needs and how the processes could be reported mainly to deal with the limits of consolidation along with evaluation of the system in a proper manner. With this, all the risk management techniques and the governance is also important to be evaluated. Conclusion Here, the check is on the documentation with the standards required to meet the system patterns. Xero and MYOB has been able to handle the system of the ERP market. Here, the users are also able to work on how to design the input control with the proper functioning so that there is an easy process that could be followed for handling the system transactions. The procedures and the instructions are based on collecting the information, storing and then retrieving the records which are for handling the internal and the external sources. The customer online orders and the procedures are processed to store the information where there is a major need to work on the impacts of different users and the different type of the information. References Bhimani, A. and Willcocks, L., 2014. Digitisation,Big Dataand the transformation of accounting information.Accounting and Business Research,44(4), pp.469-490. Bodnar, G.H. and Hopwood, W.S., 2013.Accounting Information Systems: Pearson New International Edition. Pearson Higher Ed. Collier, P.M., 2015.Accounting for managers: Interpreting accounting information for decision making. John Wiley Sons. Ismail, N.A. and King, M., 2014. Factors influencing the alignment of accounting information systems in small and medium sized Malaysian manufacturing firms.Journal of Information Systems and Small Business,1(1-2), pp.1-20. Commbank.com.au., 2017.Annual reports - Commonwealth Bank Group. [online] Available at: https://www.commbank.com.au/about-us/shareholders/shareholder-information/annual-reports.html. Khairi, M.S. and Baridwan, Z., 2015. An empirical study on organizational acceptance accounting information systems in Sharia banking.The International Journal of Accounting and Business Society,23(1), pp.97-122. Simkin, M.G., Norman, C.S. and Rose, J.M., 2014.Core concepts of accounting information systems. John Wiley Sons. Wang, P., Che, F., Fan, S. and Gu, C., 2014. Ownership governance, institutional pressures and circular economy accounting information disclosure: An institutional theory and corporate governance theory perspective.Chinese Management Studies,8(3), pp.487-501.