Marx’s Theory of Alienation Free Essays

string(184) " this small scale example in the greater picture we can see that dialectics accepts reality as a set of opposing forces which exist at the same time \(Estefan,A:2002 Acc 10/11/2012\)\." Sociology Essay – Assessment 1 Q. Outline and assess Marx’s concept of Alienation Alienation, a concept that became widely known during the 19th and 20th century has been looked at extensively by a number of leading theorists. Theorists such as Georg Hegel first used the idea of alienation as a philosophic idea, but his work was later grasped upon by theorists known as Ludwig Feuerbach and more importantly Karl Marx. We will write a custom essay sample on Marx’s Theory of Alienation or any similar topic only for you Order Now The world till now has been witness to a change in different social structures and forms in which society operates. We as human beings must ask, what purpose do we serve within society? What means do we have to sustain an effective or prosperous way of living? Marx believed we have been through different economic stages and ownership of the things we need to live, beginning with the times of the ancient to feudalism (land granted from the crown) to now where we have arrived at capitalism (private ownership). He saw this as historical stages of development where each stage has the characteristics of a system of production and division of labour, forms of property ownership and a system of class relations (Morrison,K. 1995:40). This brought forward Marx’s idea of historical materialism which centred on how to interpret the history of mankind and the development of one stage of society to the next. In turn it looks for reasons for changes in human society and how humans together produced the necessary requirements to live. In relation to historical materialism there was another idea of dialectal materialism. This was a term used by Marx to study natural phenomena, the evolution of society and human thought itself as a process of development which rests upon motion and contradiction (Clapp,R: Acc 10/11/2012). Marx further explains historical and dialectical materialism which will be looked at further in the essay. By understanding how humans produce the necessities to live (historical materialism) and how a way of reasoning helps us to see the growth in efficiency of economic orders where in turn they develop contradictions and weaknesses (dialectical materialism), we can begin to look at the idea of alienation and how it exists through expanding economic orders according to Marx. Alienation can be described as an idea where humans are dominated by forces of their own creation, which pose as ‘alien powers’ (Coser: 1977 Acc. 0/11/2012). It is seen that we are subject to psychological or emotional separation from the things we produce and the surplus value that is gained, all be it in the control of private owners in a capitalist climate. There are different ways in which we are separated from these factors. They are the worker from the product of labour, the actual activity of labour, members of society and from our ‘species being’. However both the worker and capitalist suffer forms of alienation which will be discussed further. The purpose of this essay is to outline and assess Marx’s theory of alienation where many forms of separation occur and how different members of society suffer from it, as well as taking into account how historical and dialectical ideas help to give a background to it. Karl Marx who was born in 1818 in Germany was considered as an unconventional theorist. His reputation for being a political economist, philosopher, revolutionary and founder of Communism did not bring people to the typical image of a sociologist. Marx was a strong believer in the materialistic understanding of factors such as social change, class conflict, labour and the organisation of production. He put forward some notions that would help him identify the materialist perspective. So what does historical materialism tell us about history? When using this idea to analyse society we are always looking at the economic base or structure of it. In order for society to live in this sense, we must be able to produce the necessities like food, shelter and clothing in order to do so. The act of production is one of the principle requirements to satisfy human economic needs. Marx also made a comparison of humans to animals where we as humans produce the means to satisfy our primary material needs. For this reason humans are different from animals because humans need to produce the means for survival and when done, they build an active conscious with nature in order to do so (Morrison, K. 1995:40). Another point was that the way humans produce depends on what is already there in nature and what they must to survive. If this is the case then how they exist and how they live will run parallel to what they produce and how they produce. Historical materialism was given a number of main concepts to look at. These were the means of production (necessitates for survival), relations of production (the link between producers and non-producers of physical labour) and the mode of production (changing the way of making a living). By taking these points into account we can see how an economic structure has been formed over different periods of time and how historical materialism helps to look at social processes of human economic work and how it will help give a background to the theory of alienation. Historical materialism serves a link to the dialectical way of thinking as Marx was the first person to merge materialism and dialectics together. The dialectics was a way of thinking to understand the world. Marx was mainly influenced by the theorist Hegel in his younger days, he was a pioneer in understanding philosophic logic through his process of dialectic. This involved looking at natural phenomena, the evolution of society and thought through motion and contradiction with a direct challenge to formal logic. Marx seen that the contradictions and oppositions were paramount to the whole analysis. For example in using dialectics imagine there is tension for a nurse trying to accommodate a client but at the same time we know she is trying to bring change for the client. Using this small scale example in the greater picture we can see that dialectics accepts reality as a set of opposing forces which exist at the same time (Estefan,A:2002 Acc 10/11/2012). You read "Marx’s Theory of Alienation" in category "Essay examples" Moreover by understanding historical and dialectical materialism in nature, society or economy we are able to understand how through different economic periods it gives a background to Marx’s theory of alienation. As we discuss alienation by Marx we first need to analyse the environment he sees it in. Capitalism is an economic system, whereby ownership of factories, materials and machinery for production is the property of private individuals. The term alienation relates to the specific levels of separation that are seen through the production and increasing surplus value by workers. Marx had this idea that private property is the ‘material summary expression’ of estranged labour. Marx highlighted that labour power had a major value where the use of it by the capitalist was turned into surplus value. This labour is something that cannot be similar to work because it has a social relationship that can only identify with capitalism. What he is trying to say is that during the production of goods, physical effort (work) is changed into labour. With an increasing industrial demand for production workers are subject to exploitation, where they are required to work harder to meet demand but still for a wage not in proportion to the work carried out. The wage that the workers receive will fluctuate but will not be in proportion with the increase in productivity, the increased input turns into surplus value in which the capitalist owner takes in the form of profit. The relationship between the productivity of workers and the production of surplus value is therefore the more wealth he produces the less he will expect to see back or he will become all the poorer (Calhoun, Craig. 002). This shows us that an object which the worker produces becomes more distant from him as the bond created between the product and worker is lost, knowing that it will be owned or disposed of by another, the capitalist. In turn, the object that the worker has put a part of his life into stands against him as something alien. In all societies people us e skills that have been gained over time to produce goods that they need to live, exchange or sell. This is not the case in a capitalist environment because ‘‘the worker cannot use the things he produces to keep alive or to engage in further productive activity†¦ The worker needs, no matter how desperate, do not give him a license to lay hands on what these same hands have produced, for all his products are the property of another’’ (B Ollman, Alienation, Cambridge University Press, 1996, p143). This form of separation was highlighted by Marx as separation of the worker from the product of labour. He identified other main levels of separation within the idea of alienation. These consist of separation from the act of labour, from fellow members of society and from species being. When looking at separation from the activity of labour we mean that the worker is alienated by the lack of control in the process of production. This drainage of control completely restricts on how the worker can carry out his work. He is limited to a systematic process so the input of creativity almost becomes nothing as the worker would need to follow restrictions. With lack of input in the activity of labour, it would seem that an increased division of labour from the process would become more existent. For example in a car factory there would be a line to assemble a car together which consists of many different parts. With little say in the process the worker may be restricted to assembling only the tyres on the car. The activity would be a repetitive process and would separate the worker from the rest of the production line and in essence from his natural being as his potential is not being utilised. A third aspect of alienation is that man is a species-being. Marx argues that humans come across as social animals where he states ‘man makes his life activity itself the object of his will and of his consciousness. He has conscious life activity. It is not a determination with which he directly merges. Conscious life activity distinguishes man immediately from animal life activity. It is just because of this he is a specious-being’ (Calhoun, Craig. 2002. 38). What Marx is saying here is that we as humans have the ability to consciously interact with the world around us and it is in our character to do so. Also, the main thing that separates us from the animal world is that we know who we are and have a personal conscious of our self with a kind of relation to the natural world. In terms of capitalist relations of production when our labour is used, we are displaced from our species being as it turns labour into a physical act. We are effectively revoked from what nature has favoured us for over animal life. Also, by converting conscious being into physical being it makes human labour like the labour of animals (Morrison, K. 1995. 96). With this kind of alienation by being taken from our specious being we become creatures of physical activity all in tandem with the drive for profit for the capitalist owner. However under capitalism the development of production methods results in specialised division of labour which with some difference can increase society’s ability to produce, but the benefits in turn will flow in the favour the few private owners. The fourth factor of alienation that Marx brought forward is that from fellow humans and from our human social community. Those who live in a capitalist society are separated from fellow members as a class structure becomes evident. There is a structure of those who work and those who exploit the workers so for this reason Marx feels we are alienated from fellow members. Those in the capitalist society are only partially connected by the way of the market. In the market members will come to buy and sell goods that they produce or sell so by looking at it this way individuals are not connected properly but as separated representatives of different relations of production in competition with each other. We can then see the different forms of alienation that Marx sees existent in a capitalist society. The theory of alienation has taken many forms and laid down many points, but it may be important to consider a few criticisms that may exist within it. By looking at it from a modern perspective, some may consider that the concept is not fully defined in the sense that working for someone else or above with free movement is difficult. A main feature of Capitalism is that property rights and freedom of contract is what strengthens it. In a contract of employment if a worker is not satisfied with a job then it is possible for them to leave with notice and look for work elsewhere or even start up their own business. This level of autonomy in decision making is what one may argue shines light on capitalism. The government may play a role in alienating the capitalist owner as it may be through legislation that they need to follow specific rules. In turn it will filter through to the worker and that feeling of degradation may be situated elsewhere. In defence of the private owners the hate feeling of workers may point at the wrong direction when it is other factors that have contributed to their change. For example in 1912 employees went on strike from a textile factory in Massachusetts, U. S. A when owners reduced wages due to the reduction of working hours by the state from 56 to 54 hours. As the root of the change was the state, it should be them that are targeted not the owner. Marx’s theory of alienation therefore contests that in modern industrial production under a capitalist system workers will eventually lose control of their lives by the overwhelming conditions they are faced with at work. Through the different degrees of separation be it from the product of labour, the activity of labour, from species being or from fellow members of society Marx attempts to show that under the conditions of modern factory production the average worker is just like a cog in a machine where it is continuously worked and replaced by swarms of other parts. The new workers perform repetitive tasks which are closely under watch and with them they don’t have control over production, the products of labour and relations with each other. As a result the worker is taken away from his human nature. Overall, the role and conditions for the labourer has changed through time along with the changes in economic systems. Word Count: 2,475 Bibliography (B Ollman, Alienation, Cambridge University Press, 1996, p143) * (B Ollman, Alienation, Cambridge University Press, 1996, p143) Calhoun, Craig. (2002). Economic and Philosophic Manuscripts of 1844. In: Classical Sociological Theory. Massachusetts: Blackwell. 35. * (Calhoun, Craig. 2002. 35) * (Calhoun, Craig. 2002. 38) Coser. (1977:50-53) Alienation. Available: http://www. cf. ac. uk/socsi/undergraduate/introsoc/marx7. html. Last accessed 10/11/2012. (Coser: 1977 Acc. 10/11/2012) Clapp, R. An Introduction to Dialectical Materialism. Available: http://www. marxism. org. uk/pack/dialetics. html. Last accessed 10/11/2012. * (Clapp,R: Acc 10/11/2012) Estefan, A. (2002). Dialectical Thinking. Available: http://www. palgrave. com/nursinghealth/mcallister/suggestions_thinking/example%20of%20teaching%20dialectical%20thinking. htm. Last accessed 10/11/2012. * (Estefan,A:2002 Acc 10/11/2012) Morrison, K. (1995). Laws of Historical development. In: Morrison, K Formations of Modern Social Thought. London: SAGE. 40. * (Morrison, K. 1995. 40) * (Morrison, K. 1995. 96) How to cite Marx’s Theory of Alienation, Essay examples

Advantage and disadvantage of using computer free essay sample

A computer is a general purpose device that can be programmed to carry out a set of arithmetic or logical operations. There are many types of computers that we are using now like personal computers (desktop), mobile computers and mobile devices, game consoles, servers, mainframes, supercomputers, and embedded computers [1]. Since a sequence of operations can be readily changed, the computer can solve more than one kind of problem[2]. Every day, people around the world rely on different kinds of computers for a variety of areas. Computers can be used for educational purpose, in the bank, for entertainment, in railway stations and airports, in office, in hospital, in defence, for designing, and another category. However, computers contain both advantages and disadvatages. Almost every home, office, or school has a computer of some kind these days. The use of computer technology in learning allows the teacher to individualized the learning instructions as well as the technology grants the students the autonomy and making them to learn with their own [3]. In addition to this storing information on a computer disks is one of the most officient ways of keeping data. One computer disk can hold the same amount of information as several books[4]. Then, a computer with a CD-ROM drive can provide access to materials stored on a CD-ROM, including databases (containing descriptions of materials) and full-text (complete) materials. A computer linked to a modem can provide access to information available via e-mail and other Internet services, such as electronic newsletters and websites [5]. Moreover people can communicate with other computer owners through the internet, which offers nowdays everything from making freecalls from foreign countries to doing shoping [4]. The use of computer has also created some problems in society which are as follows. First, different tasks are performed automatically by using computers, so it’s the reason that reduces the need of people and increases unemployment in society. Second, many people use computers without positive purpose. They play games and chat for a long period of time. It causes wastage of time and energy. Young generation is now spending more time on the social media websites like Facebook, Twitter etc or texting their friends all night through smartphones which is bad for both studies and their health. And it also has adverse effects on the social life. Next, the data stored on a computer can be accessed by unauthorized persons through networks. It has created serious problems for the data security. Then, people use the computer for negative activities. They hack the credit card numbers of the people and misuse them or they can steal important data from big organizations. Moreover, the computers are used to store personal data of the people, so the privacy of a person can be violated if the personal and confidential records are not protected properly. In addition, the improper and prolonged use of computer can results in injuries or disorders of hands, wrists, elbows, eyes, necks and back. The users can avoid health risks by using the computer in proper position. They must also take regular breaks while using the computer for longer period of time. It is recommended to take a couple of minutes break after 30 minutes of computer usage. Finally, the computer manufacturing processes and computer waste are polluting the environment. The wasted parts of computer can release dangerous toxic materials. Green computer is a method to reduce the electricity consumed and environmental waste generated when using a computer. It includes recycling and regulating manufacturing processes. The used computers must be donated or disposed off properly[6]. There are many effects of excessive computer usage on people. Many people spend an excessive amount of time in front of the computer, so it means that they avoid doing meaningful activities such as sports and other social activities that can help them improve as a person as well as learning from working as a team. This causes severe loneliness followed by depression due to their lack of social interaction. For teens and children, their grades will slip as they prefer to surf the net or play games over finishing their homework. This will cause stress for both the parents and the kids [7]. Computers have impacted the way we live on a large scale. The positive impact is that people have access to a wealth of information on computers, without having to drive to the library for research, so wireless technology allows people to obtain information within minutes. Many online videos teach skills, such as learning a language. Then, Computers offer many opportunities to meet new people. The Internet can help people find others with common interests, form bonds with strangers and expand their social network. On the other hand, The more time a person spends on a computer, the less likely the person is to participate in physical activities, which can result in weight gain. The more dependent users are on their computers, the more likely these setbacks will affect their stress level and overall health. Children who use the Internet also are at risk of learning about different type of drugs and how they alter sensations or how crimes are committed [8]. In summary, computer is very essential for our daily lives eventhough it contain both pros and cons. Hence, there are some techneques to protect yourself from potential problems caused by computer usage. Good ergonomic design of workplaces and behavioural practices can create a working environment which will protect us against many of the debilitating effects of computer related injury [9]. You also regular stretche to relax your body while using computer. The most important thing is that you must go to see the doctor and get eye testing at least once every 2 years and more frequently if necessary [10].

A contrastive Analysis of translating metaphors free essay sample

The Course Paper A contrastive Analysis of translating metaphors in Shakespeares Sonnets is devoted to the analysis of English metaphors, their lassification, the difficulties and mistakes that can appear in translating them into Romanian. The reason of the choice of the given topic is determined by an increasing interest in the subject, mainly the ways of using and translating metaphors of Shakesperean sonnets. The main goal of the study is to compare metaphors from sonnets of Shakespeare with the translation of sonnets of Shakespeare of other translators. The working hypothesis suggests that this topic would help Romanian learners to identify common and specific features by comparing peculiarities of translating metaphors in their native language. The esearch objectives of the work are: to examine the main linguistic peculiarities of metaphors; to study more closely the main approaches and types of classifications of metaphors in both languages; to make a linguistic analysis of selected examples and to make statistical analysis of the most interesting cases; to select the most suitable methods and techniques for translating metaphors. We will write a custom essay sample on A contrastive Analysis of translating metaphors or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The research methods applied in the study include: Linguistic analysis of metaphors of Shakespeare; Comparative analysis of metaphors of Shakespeare in English and Romanian languages; Semantic and pragmatic analysis of translation techniques used with etaphors; The research material is based on English and Romanian examples from Shakespeare sonnets,translated by Vasile Voiculescu. The study consists of an, Introduction, Two Chapters, Conclusions, Summary, Appendix and Bibliography. The Introduction provides the main goal, tasks and objectives of the Course Paper. It also includes the methods applied in the study and its practical application. It also includes the structure of the paper and its short description. Chapter l: General Theory Concerning the Notion of Metaphor focuses on the researches tied with the determination of the term metaphor and its main determinations in stylistics. There are many approaches dealing with classifications of metaphors in both English and Romanian languages. Here we may also see the comparison of shortening of two languages and to examine specific groups ot Romanian metaphors suggested by the linguists. And at the end we may see the translation peculiarities of English metaphors into Romanian and some proposed universal techniques. Chapter II: Practical Approach to the problem of Translating Metaphors consists of the analysis of 50 examples of shortenings according to the theoretical preliminaries and by deduces some statistics. It is aimed at underlining some classifications and approaches and by using some methods in translation in practice. In the Conclusion the most significant similarities and differences are mentioned as well as further possibilities for research. In the Summary the main results of the experimental research are stated and it is aimed at expressing the whole message briefly for those who want to find out what the study is about. The Bibliography contains the alphabetical list of the quoted literature (the sources used in the study for theoretical and practical research) and Dictionaries (sources used for hecking grammatical or linguistic mistakes). In the Appendix 50 English and 50 Romanian examples of metaphors are enclosed which served as study material.

Code of Hammurabi essays

Code of Hammurabi essays During history, major civilizations have endured through a system of social, political, religious, and economic laws and traditions. Most of these laws and traditions were set up as guidelines for moral behavior, family life, education, government, and business. These basic principles were set forth by an early civilization known as the Babylonians. There are many aspects of modern day society which have their basis in the laws and teachings of Hammurabi. Hammurabi ruled Babylon from approximately 1792 to 1750 B.C. He published a list of 300 laws, which became known as the "Code" of Hammurabi. Hammurabi's Code described laws and traditions that were established from earlier civilizations. Much of Hammurabi's Code came from Mesopotamian culture which was developed many years earlier. Many of the laws of Moses were based on Hammurabi's Code too, and on civilizations that came after Moses himself. Because little was really known about Hammurabi, his life became a symbol of the tradition s and values of its civilizations. The most famous aspect of the Code is its dependence on laws of vengeance. Hammurabi's law stated that "If a man has put out the eye of a free man, they shall put out his eye (eye for an eye). Similarly, the Hebrew laws summarize Hammurabi when they stated that if someone harms another, "then you shall give life for life, eye for eye, tooth for tooth, hand for hand, burn for burn, wound for wound, and strike for strike." Other things include punishments for lying, forcing people to become slaves as payment for debts, and laws regarding marriage. Marital laws were important because they ensured the production of children and how property would be divided in case of divorce or death. The society also had a strong penalty for adultery. The Babylonian people had a complex system of irrigation canals that went from one land to another. If a man allowed the canal on his land to break, the water wo ...

Training and Development on the Rural Areas Electricity Company Essay

Training and Development on the Rural Areas Electricity Company - Essay Example ..Sign†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Date†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Declaration by the Principal Name†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Sign†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Date†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ DEDICATION This research project is dedicated to the creator, the almighty Jehovah God who gave me the gift of knowledge, courage, perseverance and good health throughout the period I have worked on this program. ACKNOWLEDGEMENT First is to thank God for giving me wisdom and courage of taking me through the entire process of developing the research project, for His Grace and guidance through my academic life. I want to acknowledge the patience and the steady advice and support of my supervisor. I would also like to offer individual thanks to my family and friends. ABSTRACT Rural Areas Electricity Company (RAECO) is an electricity company tasked with generating, transmitting, distributing, supplying electricity and desalination activities in Oman. The vision of Rural Areas Electricity Company involves providing cost effective electric power to all the remote areas in Oman. The missions of this company include supply of reliable electricity and potable water to customers at the lowest costs, provision of employment opportunities to Oman citizens and maintenance of environmental conservation standards in its operations. To this effect, the judicial training institute which has the mandate to promote effective training of judges, magistrates and judicial staff, has over the years conducted and continue to provide training to judges, magistrates and judicial staff to build their capacity to perform their functions effectively. To fulfill the vision and mission statements, Rural Areas Electricity Company has an obligation to endorse effective training and development of its employees. Over the years, RAECO has carried out traini ng and development programs of its employees of all layers. Despite the huge investing in training and development programs, challenges still there as shown by the constant electricity black outs, the delays in responding to customer requests and the constant need for upgrading the skills of the employees. This research study seeks to establish the impact on investing in employee training and development. The researcher used primary and secondary sources for the purposed of this researcher. The research findings showed that the training and development carried out by Rural Areas Electricity Company were insufficiently frequent. The research project further recommended that the details of training programs and the approach of delivery to be considered before undertaking a training and development program. Employee training and development offered by Rural Areas Electricity Company should lead to a deeper understanding of the objectives and goals of the employees and the frequency of external training programs should be increased to enhance employee performance at work for Rural Areas Electricity Company. DECLARATION ii DEDICATION iii ACKNOWLEDGEMENT iv ABSTRACT v LIST OF TABLES ix Table 1 showing Response rate 44 x Table 2 46 x showing Gender 46 x Table 3 showing experience in the organization 48 x Table 4 showing Knowledge of Training and Development 50 x Table 5 showing whether training program fulfils employee needs 51 x Table 6 indicating the effect of work efforts on work performance 53 x Table 7 showing response on whether the organization supported employee rights 55 x Table 8 showing response

Marketing---Publics Relations Essay Example | Topics and Well Written Essays - 3000 words

Marketing---Publics Relations - Essay Example izes itself when we suggest that proactive way is the manner to go about doing things as it is a basic ingredient of the PR practice and indeed the related philosophy. The importance of PR is all the more necessary to fathom because without publics getting satisfied and being at ease with the working methodologies of the organization, there can be real hardships in the way to achieve success and that too at a quick speed. The different activities and processes which are the lifeblood of the organization owe on the shoulders of the PR measures which the company has incorporated within its regime. This means that there is adequate arrangement for the planning, control, integration activities and tasks as and when they come. The public relations within the internal structure of the organization brings out the singular basis of its message as well as presents a unified approach to different media vehicles as well as the print and electronic forms of media. Moreover, public relations pres ents the true picture of the organization whenever there is some trouble within its ranks and when the publics demand of it to be accountable and truthful concerning its processes, ways and mannerisms. PR makes sure that the organization remains very much positive on its stance and there does not remain any shadow of a doubt when one speaks of its dealings with the general public and the stakeholders to which the organization owes plenty. The manner in which the formal and informal communication flows within an organization as well as outside it is governed by the fact that it is under a sound and proper PR policy. The motivation to remain loyal and committed to the well being of the stakeholders is an important proposition and all efforts should be made on the part of the organization under discussion to stay ahead of this race. In an increasing competition of media and its different forms, the need is to present the true picture as to what exactly is happening within an organizati on

My business planning and presentation experience Essay

My business planning and presentation experience - Essay Example Aimed at working women aged between early 20s to late 40s, the stores would carry the designer outfits of all leading designer labels. As a sole proprietorship firm with a total Capital deployment of 350,000 of which I would contribute 100,000 and rest would be loaned from the bank. Expected the breakeven by the end of the first year Closet expects positive cash flows by the second year onwards. Over 35% of the capital is to be deployed in marketing and promotional activities I have the long term of objective of having a total of The basic idea of Designer Fashion Retail Showroom is acceptable as viable proposition. Because, the demand for designer clothes is always there and the store could maintain its identity as a store that offers a good selection, reasonable prices, a convenient location would attract and keep customers. However, on hindsight it would have been better to go for a larger single store instead of opening three small stores at three different locations all of a sudden. 4. My work experience as a sales person in the Gucci Outlet gave a lot of practical knowledge on how a retail showroom works, how it looks like, how the customers should be treated, what are the things that customers look for etc. which gave me a lot of confidence. 3. My presentation could have been a lot better. ... My work experience as a sales person in the Gucci Outlet gave a lot of practical knowledge on how a retail showroom works, how it looks like, how the customers should be treated, what are the things that customers look for etc. which gave me a lot of confidence. The Weaknesses As realized while making the plan 1. Accounting is not one of my strong subjects and that reflected badly on the financial planning of the project. There were several grey areas in the plan that ought to have been taken care of. 2. Staffing : I paid very little attention to the Human Resource Planning and could not provide a clear picture on how personnel would be recruited, paid and maintained. 3. My presentation could have been a lot better. I did not do my homework on certain aspects such as the financial viability of the project. Especially when asked why the bank would give me a loan for such a big amount I was caught on the wrong foot. Also, I could have included a little bit of meaningful humour in the presentation. The flaws in the project as reviewed 1. The main problem was that three showrooms were planned within the first month of operation. It was a very flawed idea. There was simply no way that I could have managed all three stores. Moreover, this would eat into our resources so much that it was almost like spreading myself too thin. Instead, what would have been a brighter idea to invest in a single, larger, better store. More space means more places for comfort, more places to display the merchandise, more places to keep the stock, more frontages to attract more walk-in customers. And this would also mean that I could be around to meet all my customers and offer my services to them rather than having to run around to all the three stores trying to supervise every little