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Plagiarism and Editing Tools
Better TipsPersonal GrowthScholarlyTop 10TrendingWriting

Students Must Use Plagiarism and Editing Tools to Get Better Grades

by Shamsul December 27, 2022

Students Must Use Plagiarism and Editing Tools to Get Better Grades

You must write assignments and research papers to improve your grades as students. Unfortunately, most students don’t know about writing skills. Just because of this factor, their grades suffer. If you have the ability to write research papers and assignments, then you should use editing and plagiarism tools. When you submit error-free and plagiarism-free papers, there is a high chance that you will get fantastic grades. There are so many online tools and platforms available for students. You can use Grammarly, Small SeoTools, WritePoint, an editing software, and Turnitin, CopyScape, Grammarly, and others to check for plagiarism. Every student should use one of this software to make their assignments and papers error-free.

If you want to become a successful student, then you should use these tools. They can help to meet the requirements of teachers. Below, we have listed some popular editing and plagiarism software for students:

 

Professional Editing Software

For editing a document, WritePoint is the best software. It is professional editing software that inserts comments directly. This program also highlights spelling and grammar problems. It also addresses formatting issues as well as wording options. From verbs to punctuation, hyphenation to subjects, it resolves every problem. It also suggests editing in the form of comments. On the basis of these edits, a student can fix all the mistakes to stand out. Now, your paper or assignment is ready to submit. There are so many ways to edit a document. It will also help professors to pay attention to the student’s content without any tension.

 

Database Search Engine

When it comes to database search engines, Proquest is the leading software. It offers various information databases in the form of scholarly journals, newspapers, and dissertations. This program is very useful for research purposes. This tool is very important for every student who is doing research on any subject or topic. In the presence of this program, you don’t need to search for anything on Yahoo or Google.

 

Plagiarism Checker

Without any doubt, Turnitin is one of the most powerful tools when it comes to checking plagiarism. They have more than 150 million archived papers in their database. This program can detect plagiarized content in your assignment or essay. It is vital to consider Turnitin before submitting your report or project.

Using these programs is not that easy. That’s why you should learn how to use these platforms for editing and checking plagiarized content. All in all, don’t ignore the importance of these platforms or tools. They can learn how to use these apps by watching videos on YouTube. They can also take help from their seniors and professors. These tools will help to make your content interesting, error-free, and engaging. You can easily become a pro blog writer or influencer when you use these platforms in the right way. Whether you are a student or teacher, you can use these tools to improve your work without putting in so much effort. These programs also offer premium services to special clients.

 
 

Need Help or Advice in Content Management:

Would you like more advice? Do you have good practices to share? Express yourself in the comments.

Also, if you want help writing content to drive more traffic and boost conversions, please get in touch through Contact our team.

Do you want help writing quality content, driving traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely. 

 

 

Read More:

How to Do Better SWOT Analysis in 2023

Bad Mood, Depression… Why is Sleep So Important?

How to Write an Evergreen Content

December 27, 2022 0 comment
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PTSD Problems
HealthScholarlyWriting

Empirical Investigation into how PTSD Problems Manifests

by Shamsul October 24, 2022

Empirical Investigation into how PTSD Problems Manifests

 
 

According to Friedman (2000), PTSD is differentiated from other disorders of DSM-IV Axis 1 based on the centrality of the occurring event. Explaining PTSD’s pathophysiology can be theoretically presented as a consequence that results in failure to cope with devastating or shocking stress. The dichotomization between other (normal) stressors and traumatic stressors is based on the hypothesis that even though individuals acquire the ability to withstand and cope with the stress of ordinary nature, in some cases, their adaptive capacity may get overwhelmed owing to the stressor of traumatic nature.

Several studies indicate the numbers of PTSD sufferers, including 1 million in the UK (Kinchin, 2005) and half of America (60.7% males and 51.2% females) (Friedman, 2000), that have gone through symptoms of PTSD.

Evidence collected from different sources on how PTSD is identified in patients showed that the following symptoms were common.

  • Problems in sleeping with reported nightmares or waking up early from sleep
  • Replays and constant flashbacks of the traumatic event, with the inability to turn the mind off from it
  • Forgetfulness, impaired memory, gradual inability to recall events, names, dates, facts, etc, that was previously well known to the sufferer
  • Impaired concentration
  • Panic Attacks
  • Undue fear
  • Exaggerated or overstated startle response
  • Obsessive-ness to the incident, to the extent of taking over life
  • The feeling of anxiety and nervousness
  • Emotional numbness, or inability to feel intense emotions such as joy or love
  • A feeling of an excessive level of embarrassment or shame
  • Avoiding anything that reminds of the incident
  • Muscle or joint pain without any apparent reason.

The introduction of DSM-IV has considerably increased the possible events that can aid in diagnosing PTSD in patients, based on which different diagnostic tools can be used (Blake, et.al., 1995).

 
 

Contact Our Team

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help writing content to drive more traffic and boost conversions, get in touch through Contact our team.

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 
 

References

Blake, D. D., Weathjers, F. W., Nagy, L. M., Kaloupek, D. G., Gusman, G. D., Carney, D. S., & Keane, T. M. (1995). The development of a Clinician Administered PTSD Scale. Journal of Trauma Stress. 8(1), p. 75-90. doi:10.1002/jts.2490080106

Friedman, M. A. (2000). Post-Traumatic Stress Disorder. Retrieved from http://www.acnp.org/G4/GN401000111/CH109.html

Kinchin, D. (2005). Post Traumatic Stress Disorder, The Invisible Injury, 2005 edition. Retrieved from http://www.bullyonline.org/successunlimited/books/ptsympt.htm

October 24, 2022 0 comment
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Largest Retailer in Kuwait
BusinessManagementMarketingScholarlyWriting

The Sultan Center | TSC | Kuwait

by Shamsul October 24, 2022

The Sultan Center | TSC | Kuwait

 

Introduction

The Sultan Center (TSC) is a dynamic organization that incorporates a diverse portfolio of successful companies in their respective fields. Making retail its primary operation, TSC is the largest retailer in Kuwait, and it is a leading supplier of departmental store items, general merchandise, and perishables within the Middle East region.

The Sultan Center operates in Kuwait with 14 outlets and a portfolio of convenience stores throughout the country. In addition to retailing, TSC uses trading, security, telecommunication, catering, restaurants, investment, and fashion.

TSC is listed in the Kuwaiti Stock Exchange as ‘SULTAN’ and holds approximately 15% share of the total retail market in the country. The employees working in the company are about 7,000 in quantity.

 

Differentiation Strategy of Sultan Center

Since the organization includes a diverse portfolio of successful companies, it operates with a vertical organizational differentiation strategy. Within vertical differentiation, the company has implied a chain of command within which the salesperson in the retail outlets will report to floor managers, who will then report to departmental heads, who will then report to the CEO. This is implemented to ensure that every department properly communicates with the other.

The Sultan Center, a center of diverse companies, comprises mainly retail stores operating with similar products and services; however, there are other portfolios for the group. Although retail stores include a considerable share in the portfolio of TSC; however, every store operates uniquely to enhance customer satisfaction. Moreover, to keep in line with the operations and activities of different departments, the employees of TSC are well-trained. In most cases, the employees are responsible for handling multiple tasks. A designated employee collects the daily sales revenues of the stores; however, if that employee is absent or unavailable for any reason, another designated employee by the store manager will be responsible for handling payments. Also, the daily revenue will be deposited with the bank by the designated employee only.

The center also has an effective vendor development system through which it measures and maintains the performance of its suppliers. Also, the inventory system has been rendered to be of high quality, and TSC manages its inventory through computerized database management, through which the stock required is determined effectively. Also, the items needed in the store are determined through this system. The employees have been trained adequately to respond to the customers’ and clients’ queries and issues for which they are offered rewards and incentives, which results in increased employee morale and customer relationship.

 

Integration Strategy of Sultan Center

The integration policy within the organizational structure includes rules that every business employee should follow. Most rules serve as guidelines; however, some rules are store-made and in accordance with the environment of the store’s location.

Decisions regarding issues with the suppliers, recruiting decisions, staff salary, downsizing, and outsourcing decisions are taken in the head office; however, decisions like product marketing, customer relationship, and promotions of the employees are made in the head office of The Sultan Center. However, the training decisions of the employees are made upon the mutual consent of the store employees and the head office. The training aspects include dealing with customers and vendors as well as assuring that products delivered are of high quality. The subordinates that one manager supervises are quite a few, which renders the company’s organizational structure flexible.

The level of quality within the products should be maintained under every circumstance, and for this, the staff members are provided with adequate training facilities through which they effectively deal with suppliers and customers while maintaining a quality assurance level to be high.

TSC operates with a flexible organizational structure, leaning more towards the flexible section. The employees are given the authority to make decisions while the store staff members also discuss major decisions such as promotions, suppliers, and customer-related aspects.

 

  Retail Outlet Manager  

  Organizational Structure Of Sultan Center

  Assistant Store and Area Manager  

   Financial Operations Manager  

   Advertising and Promotion Staff  

   Store Items and Merchandise Manager  

   Area Manager  

   Finance Department Head  

   Marketing Department Head  

   Planning Department Head  

   Area Supervisor  

  Salesperson  

  Floor Supervisor

     

     

The differentiation and integration strategy adopted by TSC indicates that it operates with a hybrid organizational structure, emphasizing a flexible one. This can be said from the provision of set guidelines being a component of a flexible organizational structure. Also, all aspects are considered by the store manager, who believes the decisions as to how different products will be made easily available to the customers in less time, along with drafting an affordable pricing strategy. Also, the salespersons are given the authority to make snap decisions in an emergency, another example of a flexible organizational structure.

 

Goals of The Sultan Center

The retail outlet’s goals and objectives primarily focus on attaining a solid and loyal customer base and increasing the shareholders’ value. The attainment of these goals involves emphasizing the timely availability of items and merchandise so that customer expectations can be met. Various marketing efforts are being invested in making TSC a customer-centric organization through which the demands and requirements of potential customers can be understood and fulfilled. The practice of customer analytics is being implemented so that customers’ preferences and requests can be understood and the effectiveness of marketing campaigns can be measured.

To achieve the company’s stated goals, the employees are provided with a detailed written guide that emphasizes the objectives and the process of achieving them. These goals are based on the performance of the previous year of TSC. Moreover, the objectives are directed toward increasing revenue generation, so all marketing efforts are devised to incorporate this aspect. In addition to this, customer satisfaction is another concern for the retail outlet, and since The Sultan Center is operating on a large scale, the goals defined are team-oriented. The team is responsible for determining the customers’ changing preferences and incorporating them within marketing strategies.

Incentive programs have also been devised to appraise individual performance. It is because a team of experts can handle the tasks well; however, the company also believes in praising individual performances. Linking incentives with individual performances will increase the motivational level of the employees, and they will invest efforts with more determination. In this way, the company also aims to eliminate inefficiencies within teamwork as every employee will work for their job appraisal, eventually increasing team performance and thereby attaining goals effectively.

Concerning employee or customer satisfaction, the retail outlet believes both aspects are interrelated and attaining employee satisfaction will ultimately lead to customer satisfaction. The outlet considers all those factors crucial for employee motivation, including benefits and incentives. Stimulating employee motivation will positively affect the turnover rate, which is a good sign of successful operations. Moreover, they are provided with adequate training facilities and workshops so that they have the opportunity to improve their skills and abilities and deliver their work more efficiently. When employee morale is raised, they will work harder for the company, which will serve as a way to attain customer satisfaction.

 

Environment of The Sultan Center

Kuwait has been rendered as the second largest country where international brands are being promoted within the entire MENA region. The Sultan Center’s service center in Sharq operates in a dynamic environment. The Sharq district is one of the oldest districts in Kuwait, along with a special business district with some famous buildings and hotels. Moreover, the community is also central for shopping purposes, making this place a reasonably favorable environment for the Sultan center.

The communities within the area are pretty supportive since The Sultan Center is considered among the pioneers of retail stores in the country. There are many international stores throughout the country; however, TSC, being a local company, has received adequate appreciation from the local citizens of Kuwait.

The location of the store is considered to be ideal. Sultan center, having its preliminary operations started in Saudi Arabia, has settled in Kuwait as there was no major retail outlet at the time of its establishment. This factor eventually led the store to build a positive customer base. The outlet’s operations are directed toward serving the entire family’s needs.

TSC is a strong competitor as it has attained a huge market share in the presence of other renowned international retail stores. Moreover, the competition level is gradually increasing as the number of retail outlets within the area increases. In a nutshell, the environment for The Sultan Center is highly competitive, which eventually reduces its element of being operative in a stable and simple environment.

As a listed company with the KSE, the company operates with a controlled law and order situation. All in all, the business environment of The Sultan center is stable.

 

Technology

Technology implications have been a major part of the retail outlet’s strategy. The outlet has implemented complete technological solutions catering to every store section. Handling all the information pertaining to the products, customers, and suppliers of the store helps improve business decisions. The Point of Sale (POS) system has been installed throughout the store so that every item sold is automatically entered into the database. In this way, sales receipts are generated automatically, benefiting the store to analyze their sales situation for reordering products. A strong online payment system is also operative through which customers can make purchases online and pay through the same mode.

The inventory control system is being carried out in a computerized manner, and every item stored and displayed within the outlet is stored in the computer database used to prepare documents. POS software has been installed all over the store, with a cash drawer and a receipt printer. A credit card reader and a barcode scanner are also installed to enhance the software’s functionality. In this way, the huge inventory of the outlet can be assessed accurately. In the case of perishable items, the store staff is responsible for checking every item frequently so that fresh items can be delivered to the customers. The store’s First In, First Out method helps maintain its product line efficiently.

TSC also has a vendor performance assessment system which helps the store in improving collaboration level with its suppliers to meet the business objectives in a better way. Moreover, with this system, vendors have the opportunity for initiating to perform tasks like updating their current information so that everything remains updated. The store considers this system to help reduce expenses and improve the accuracy of invoices.

The order processing system is updated and automates the entire ordering process, starting from receiving the order from the customer to creating the ERP system. The store tracks customer orders with accuracy, efficiency, and visibility.

The store includes a vast range of different products, so the sales staff have been trained to provide expert advice on these products. The customers are allowed to test products under special promotional plans, which the store holds twice every year. Also, the complexity and wide range of products allow the company to appoint salespeople to every department so that specific information about the products can be provided to the customers.

 

Life Cycle Of The Sultan Center

The increasing customer loyalty rate to TSC renders it a renowned name in the retail business in Kuwait. The store is operating in the growth stage of the life cycle and has spread its outlet all over the country. The organizational structure of the store aims more towards being flexible. The salespersons directly dealing with the customers are given the authority to make decisions on the spot so that the issue is resolved and their motivational level is increased as well. This step will take the organization to a new level of customer satisfaction. By incorporating flexibility within its organizational structure, The Sultan Center can efficiently move ahead to the next phase of the life cycle.

The size of the store is enormous, and it has operated for a long time in the Kuwaiti and international markets. Having a staff of more than 7,000 employees, The Sultan Center is contributing significantly to increasing the employment rate in the country.

 

Performance

The profitability level of The Sultan Center has been meeting expected standards. However, the management is investing more effort as well as portfolios to improve profitability. Presently, profitability levels are stable in the company; however, the increasing competition rate will impact this aspect. Compared to Kuwait’s overall retail store industry, The Sultan Center enjoys an advantageous position that it maintains every year.

 

Discussion

The different aspects of The Sultan Center have been evaluated, including environmental, technological, and other factors that affect the performance of the retail store. This analysis derived the result that the company is operating with a mixed organizational structure, focusing more on being mechanist. Although there are strategies through which employee motivation is ensured; however, the formalization and centralization within the outlet are high. Various reporting levels can reduce the intensity of the issue under question. Moreover, it also results in employee demonization as they are vested with the power of making on-the-spot decisions.

The life cycle stage of the store is in its growth stage, where the implementation of a flexible organizational structure is considered very important. The only problem with the structure is its centralization element, where lower-level staff does not have decision-making powers.

 

Conclusion

The Sultan Center is a renowned retail outlet with franchises all over Kuwait. It grabs a huge market share and aims to attain customer satisfaction within all its operations and increase its profitability. The organizational structure includes 4 – 5 levels which increase formalization.

The outlet’s environmental factor can be considered relatively stable as the store entered the retail industry when not many players were in the market. However, with the increasing number of retail stores within the country, the level of competition is increasing. Also, the technological aspect is up to the mark, and the entire process, from obtaining items and merchandise to that of processing orders of the customers, every task is performed in a technologically-effective manner.

The only recommendation for the retail outlet is to provide its sales staff with certain authorities to deal with the store matters effectively and increase their motivation level.

 
 

Contact Our Team

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help writing content to drive more traffic and boost conversions, get in touch through Contact our team.

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 

Read More:

BIGGEST COMPANIES IN THE WORLD BY MARKET CAPITALIZATION

HOW TO MANAGE OPERATIONAL RISKS | ORM

DIRECT COSTS | DEFINITION, ILLUSTRATIONS | ESTIMATE DIRECT COST

 
 

References:


• -. (-). TSC. Available: http://www.sultan-center.com/Default.aspx?pageId=10. Last accessed 3rd Nov, 2014.
• -. (2014). Kuwait Retail Report. Available: http://store.businessmonitor.com/kuwait-retail-report.html. Last accessed 3rd Nov, 2014.
• Abdo kamel. (2014). Sultan Center. Available: http://prezi.com/gh-atqxy8not/sultan-center-for-yasser/. Last accessed 3rd Nov, 2014.
• Glenn Wheaton. (2009). Supplier Performance Management. Available: http://www.epiqtech.com/supplier-performance-management.htm. Last accessed 3rd Nov, 2014.
• Mark. (2013). Kuwait the 9th most emerging retail market. Available: http://248am.com/mark/kuwait/kuwait-9th-most-emerging-retail-market/. Last accessed 3rd Nov, 2014.
• Rick Nauert . (2011). Employee Satisfaction Key for Customer Satisfaction. Available: http://psychcentral.com/news/2011/06/02/employee-satisfaction-key-for-customer-satisfaction/26623.html. Last accessed 3rd Nov, 2014.
• Sree Rama Rao. (2009). Concept of Life Cycle in Retail. Available: http://www.citeman.com/7774-concept-of-life-cycle-in-retail.html. Last accessed 3rd Nov, 2014.
• Sree Rama Rao. (2009). Differentiation and Integration in Organizations. Available: http://www.citeman.com/4675-differentiation-and-integration-in-organizations.html. Last accessed 3rd Nov, 2014.
• Steven Aldrich. (-). Point-of-Sale System Basics for Retailers. Available: http://www.epiqtech.com/supplier-performance-management.htm. Last accessed 3rd Nov, 2014.
References
  • -. (-). Available: http://www.sultan-center.com/Default.aspx?pageId=10. Last accessed 3rd Nov, 2014.
  • -. (2014). Kuwait Retail Report. Available: http://store.businessmonitor.com/kuwait-retail-report.html. Last accessed 3rd Nov, 2014.
  • Abdo kamel. (2014). Sultan Center. Available: http://prezi.com/gh-atqxy8not/sultan-center-for-yasser/. Last accessed 3rd Nov, 2014.
  • Glenn Wheaton. (2009). Supplier Performance Management. Available: http://www.epiqtech.com/supplier-performance-management.htm. Last accessed 3rd Nov, 2014.
  • (2013). Kuwait the 9th most emerging retail market. Available: http://248am.com/mark/kuwait/kuwait-9th-most-emerging-retail-market/. Last accessed 3rd Nov, 2014.
  • Rick Nauert . (2011). Employee Satisfaction Key for Customer Satisfaction. Available: http://psychcentral.com/news/2011/06/02/employee-satisfaction-key-for-customer-satisfaction/26623.html. Last accessed 3rd Nov, 2014.
  • Sree Rama Rao. (2009). Concept of Life Cycle in Retail. Available: http://www.citeman.com/7774-concept-of-life-cycle-in-retail.html. Last accessed 3rd Nov, 2014.
  • Sree Rama Rao. (2009). Differentiation and Integration in Organizations. Available: http://www.citeman.com/4675-differentiation-and-integration-in-organizations.html. Last accessed 3rd Nov, 2014.
  • Steven Aldrich. (-). Point-of-Sale System Basics for Retailers. Available: http://www.epiqtech.com/supplier-performance-management.htm. Last accessed 3rd Nov, 2014.
October 24, 2022 0 comment
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Business
Better TipsBusinessManagementMarketingScholarlyWriting

Managing People in Business Organizations

by Shamsul October 19, 2022

Managing People in Organizations |The Paul A Young Case

 

 

Introduction | The Paul A Young Case

Finding the right candidate or the individual with the required talent for the job is the biggest challenge faced by Human Resource departments worldwide. Small business cases are even more complex, even when the number of job seekers is very high (Ree, French, & Rayner, 2010). Talent management in this regard for businesses is a significant factor and equally challenging to manage and measure (Kehinde, 2012). Hiring suitable candidates for the job is as important for a business as any other part that contributes to the business’s overall strategy, irrespective of whatever the conditions of the business may be (Khatri, et.al., 2010).

Rossheim (2016) further explains businesses’ difficulties when hiring new individuals, especially small-level businesses or entrepreneurs. Ree, French, & Rayner (2010) also stress that small businesses or new entrepreneurs have to put in extra effort in order to attract potentially talented individuals. Rossheim (2016) defines the main challenges faced when hiring new talent as the tough competition from rival companies and bigger ones where more resources and better benefits packages win the hearts of several potential employees. Other challenges include finding the right applicants, as if the company cannot hire recruiters, the overall hiring process can be rather costly, selecting candidates based on efficiency (low pay, convenience, etc) rather than effectiveness, and having no prior experience related to the management of talent (Rossheim, 2016). Hall (2012) offers advice in the form of 7Cs, using which small and big businesses can hire great employees through employing different hiring mediums. These include looking for the following characteristics: Competent, Capable, Compatible, Commitment, Character, Culture, and Compensation.

Especially in the case of specialty industries, acquiring talent becomes even more of a challenge provided not many people are aware of the job description and requirements also, an industry that is in its initial stages of development itself does not have well-defined job descriptions making a selection and recruiting of new employees and even more testing affair (Johansson, 2017).

 

The Paul A. Young Case in Business

Paul A. Young’s business has created a mark of its own by establishing the chocolate business that made him a recognizable chocolatier in all of Britain. What’s unique in his business is that none of the employees working in his shops have acquired the skill of working with chocolate. What’s more, even Young is not a certified or experienced chocolatier by profession, rather, he was an experienced pastry chef before he pursued his dreams as a chocolatier. His passion, combined with his creativity, led his business to receive several awards, ultimately making his business one of the leading chocolate outlets on the globe. All preparations of chocolates are done in a pure artisan manner, by hand, after successfully experimenting with different flavors to introduce new tastes and past favorites. Also, since no preservatives, additives, and other such components are used, chocolates are prepared in batches daily.

It is evident that Paul requires individuals who are creative, innovative, and experimental employees, who preferably have the passion for being a chocolatier and having at least basic knowledge of handling it. Since Paul’s chocolates enjoy popularity all over the globe already, opening new shops in big cities demands, he hires creative, committed, and passionate individuals who are preferably experienced.

Creativity is the core of Paul’s business and what makes him stand above his rivals is the new combination and level of creativity put into all his new creations. Creative employees tend to generate new ideas and since more minds are always better than one, more and more new ideas can be generated which will ultimately contribute to the building up of the business (Andrews, 2015). Also, it is necessary that creativity is in alliance with the preferences and tastes of the market they are being catered to. Individuals who are creative and aware of the culture of the market they are operating in can offer better results (Andrews, 2015). Commitment is another quality required to be searched in new employees, as Paul’s business model requires a commitment to create new products that will demand more time, effort and teamwork to be put in order to derive expected results. Passion is another aspect Paul would like to look into. Even though Paul was not an experienced chocolatier when he started his business, his passion led him to success. Individuals who acquire these three skills can be trained appropriately for Paul’s business and can be an asset to the company.

 

How Paul Can Attract New Talent in Business

As far as educational or technical knowledge or expertise is concerned, chocolatiers do not have any specific degree or learning programs, so the closest experience that Paul would be looking for would be some experience as a pastry or confectionery chef, or at least some experience working in a professional kitchen, if not as a chocolatier. Since chocolatier is still no0t an established profession, not many professionals can be found to be hired, and thus settling for someone with lesser experience and hiring them as an apprentice is the only way to hire talent that can prove to be beneficial in the future, after substantial training. However, attracting the best talent to apply for the job is a complicated task, requiring several steps and methods to be used. According to Sharon (2015), every artisan has his style, financial possibilities, ambitions, expertise, and market knowledge. Based on these things, different steps are required to be taken to attract the right talent.

However, as Ree, French & Rayner (2010) suggest, the end result should be that all actions taken in attracting potential candidates should produce an appropriate number of candidates from which the right ones can be selected, staying within reasonable cost constraints. The different mediums that can be used for applications include recruiting agencies, which are the best source of attracting new talent. Online methods can be used, including online advertisements, job search databases, job networking sites, etc (Ree, French & Rayner, 2010).

Other press media, such as newspaper advertisements, is also a good option, whereas fresh graduates can be hired by campus recruitment (Ree, French, & Rayner, 2010). Paul’s main objective is to use methods that attract him to many potential future chocolatiers. As evident from the past history of the business, Paul selects potential candidates who he then trains in his shops, and since a majority of his workers, including himself, have perfected over time, with no formal experience being a chocolatier, he will be looking to hire apprentices, who over time will learn the traits of being a chocolatier and master the art of chocolate making (Macrae & Furnham, 2014).

Paul can place job adverts in newspapers and use social media and job networking sites to narrow down potential candidates for the job. You can use other digital tools to access candidates with specific criteria, such as pastry chef experience or experience working as a professional chef, etc (Prensky, 2001). To further shortlist candidates for his shops, he can interview candidates to learn more about and judge their background and the enthusiasm these applicants show towards the new job. He can also ask them to participate in a writing test, especially design, to check the interest of the individual in the job and to assess the level of creativity he or she possesses (Beechler & Woodward, 2009), as it is a major component and requirement of being a chocolatier apprentice in Paul’s shops.

 

Best Sources To Attract New Talent in Business | The Paul A Young Case

Social networking sites and social media are the best sources to reach out and attract potential future employees and those who have acquired the background and startup experience related to being a chocolatier. One reason for choosing social media to attract new applicants to apply for the job is the low cost associated with this medium, compared to traditional forms of advertisement in print or digital media (WSJ, 2017). Social media or other job search sites such as LinkedIn offer a good source of the talent pool to choose from, whereas your colleagues and peers can also suggest and recommend candidates they might have worked with or known, offering a somewhat guaranteed candidate at least to the level of commitment and experience he or she has (WSJ, 2017).

Another very beneficial source to attract potential new candidates is campus recruitment, where Paul can target pastry chef schools and graduates, who acquire the basic knowledge of the industry, are young and enthusiastic, and offer better chances of adapting to the requirements and culture (Al Ariss, Cascio & Paauwe, 2014) of Paul’s chocolate shops. Not only is campus recruitment a cost-effective method of hiring, they are less time-consuming and does not need too much effort to be put in. the selection ratio of campus recruitment is also high and since Paul require specialized individual for his shops, but campus recruitment can also be one best way to select from the best potential candidates. It is also a general finding that students tend to work with more loyalty and closeness in their first jobs, as they are new and enthusiastic about starting a professional life (Beechler & Woodward, 2009). Also, since campus recruitment activities are carried out every year, it is easier to access fresh talent regularly (Al Ariss, Cascio, & Paauwe, 2014). Additionally, recruiting agency services and networking sites can be used to select candidates for the job.

 

Making Paul’s Job Offer Exciting | The Paul A Young Case

Though a known name worldwide, Paul’s chocolate shop is still in its growing phase and will be considered a small business ready to expand. One benefit such businesses have is the flexibility to make their job offers more exciting and appealing for interested individuals. Like in any job, the pay scale matters a lot, and with Paul paying an attractive first salary to new trainees and apprentices, the job can be made attractive (Taylor, et.al., 2014).

An attractive salary; however, is not solely enough to attract new employees as there should be more fringe benefits added on to the list, such as training and growth opportunities, the flexibility of timings, family and entertainment-related incentives, health insurance, fixed annual holidays, etc (White & White, 2014). All these benefits tend to create an Employee Value Proposition (EVP) for the company, which helps attract and retain employees who prove to be an asset to a business over time (Nicole, 2016). The culture of a business goes a long way in establishing a positive image for it, as employees consider other benefits significantly as well and a mere salary package alone is not enough to attract the best talent and retain it (Andrew, 2014).

 

The Recruitment And Selection Process | The Paul A Young Case

Ree, French & Rayner (2010) define the recruitment and selection process as a filter stage where candidates that match the requirements of the job specifications are shortlisted based on their expertise and potential for success in a given job. According to CIPD (2015), interviews are the most common tool selectors use today. Tests are the most common form used to hunt for a specific talent, such as personality assessment tests, general ability, creativity-based tests, etc. Though Paul is hiring candidates that will be appointed in the future on his international shops to be opened shortly; however, he needs to hire local talent instead of internationally hiring them, as he needs to specifically train them and have them understand the culture of the business before he can appoint herm in his internationally located shops. Since being a chocolatier is a specialty job and no formal training institute for the profession is available, there is a strong need for an apprentice with some kind of professional experience or education to be selected who will be further trained for the kind of products that Paul’s chocolate shops are known for.

Thus, Paul will be selected keeping in mind the education or experience required (as a pastry chef or at least work experience in a professional kitchen). He will be screening candidates on creativity tests that will allow him a better picture of the level of creativity an individual will bring to the business. Reference checks should also be made to better understand a candidate’s potential. However, the basic selection form will be like Beechler & Woodward (2009) suggest using interviews. Also, since Paul is the main authority, he should be present in the interviews and remain a part of the final selection process. The level of interest and enthusiasm should also be checked utilizing interview questions and tests Natalie Glock is one example. She currently works in Paul’s shop, which explains that even though she without any background in pastry or professional cooking, she switched her career from a journalist to a chocolatier and is happily following Paul’s chocolate shop tradition, contributing as an asset to the company (Greig, 2015). Of course, Paul will require more professional individuals; however, after he has successfully trained his apprentices, they will benefit his shops irrespective of their backgrounds.

 

Talent Management in Business | The Paul A Young Case

Attracting, acquiring, hiring, and retaining employees are all part of the talent management functions that an organization regularly practices from its inception. Every business aims to hire and retain the best possible employees, using whose services the company can achieve a competitive edge over competitors.

What is required to be done in this perspective by Paul is aligning his business goals with the corporate strategy. It will allow him to single out the abilities that he requires in these employees, which can help him further expand his chocolate business. As a specialty industry business, several aspects need to be considered, such as creativity and innovativeness, as they are the core of business success and popularity in Paul’s case.

 

Conclusion | The Paul A Young Case

In this distinctive The Paul A Young Case, selecting candidates is more of an assessment of a person’s abilities than educational or experience-based attributes, as being a chocolatier does not require any specific qualification. Experience as a pastry chef would help and offer an added advantage; however, since Paul is an artisan and prepares all his products by hand, offering a unique personal touch, the experience of any kind will require a certain level of training to be correctly incorporated with Paul’s business. However, the rising competition in the chocolate industry demands that the right candidate be selected, especially when new shops in international markets are aimed, where chocolatiers are already working and are established, challenging them to require the best talent to be utilized.

 
 

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

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References

Al Ariss, A., Cascio, W. F., & Paauwe, J. (2014). Talent Management: Current Theories And Future Research Directions. Journal of World Business. 49(2), pp. 173-179.

Andrews, S. (2015) Why Companies Should Hire Creative People. Available at http://www.huffingtonpost.com/sophie-andrews/why-companies-should-hire_b_6129360.html [Accessed: 04 Aug, 2017].

Andrew, D. (2014) Small Businesses Can offer Big Benefits to Attract The Best talent. Available at https://www.entrepreneur.com/article/236988 [Accessed: 03 Aug, 2017].

Beechler, S., & Woodward, I. C. (2009). The global “war for talent”. Journal of international management, 15(3), 273-285

CIPD. (2015) Resourcing And Talent Planning 2015. Survey Report

Greig, R. (2015). Quit your job, become a…chocolatier. Available at http://now-here-this.timeout.com/2015/02/16/quit-your-job-become-a-chocolatier/

Hall, A. (2012) The 7C’s: How To Find And Hire Great Employees. Available at https://www.forbes.com/sites/alanhall/2012/06/19/the-7-cs-how-to-find-and-hire-great-employees/2/#6c726f72916f [Accessed: 03 Aug, 2017].

Johnsson, A. (2017) The Top 4 hiring Challenges Small Businesses Are Facing. Available at https://www.inc.com/anna-johansson/the-top-4-hiring-challenges-small-businesses-are-facing.html. [Accessed: 03 Aug, 2017].

Kehinde, J. (2012) Talent Management: Effect On Organizational Performances. Journal of Management Research. 4(2). doi. https://doi.org/10.5296/jmr.v4i2.937. [Accessed: 03 Aug, 2017].

Khatri, P., Gupta, S., Gulati, K., & Chauhan, S. (2010) Talent Management In HR. Journal Of Management And Strategy. 1(1), pp. 39-46.

Macrae, I.  D., & Furnham, A. (2014). High potential: how to spot, manage and develop talented people at work. Available at http://site.ebrary.com/id/10855005. [Accessed: 03 Aug, 2017].

Nicole, F. T. (2016). 6 ways to ensure you’re recruiting the best talent. Business daily news. Available at. http://www.businessnewsdaily.com/6252-tips-for-recruiters.html [Accessed: 03 Aug, 2017].

Prensky, M. (2001) digital natives, Digital Immigrants. Available at http://www.marcprensky.com/writing/Prensky%20-%20Digital%20Natives,%20Digital%20Immigrants%20-%20Part1.pdf [Accessed: 03 Aug, 2017].

Rossheim, J. (2016) 2016 Small Business Hiring: Sharper Tactics For A Tight Market. Available at https://hiring.monster.com/hr/hr-best-practices/small-business/hiring-process/2016-small-business-hiring.aspx [Accessed: 03 Aug, 2017].

Sharon. (2015) The Perfect Staff For Artisan Chocolate Stores. Available at https://thechocolatejournalist.com/the-perfect-staff-for-artisan-chocolate-stores/ [Accezssed: 03 Aug, 2017].

Taylor, J., Furnham, A., & Breeze, J. (2014). Revealed: Using Remote Personality Profiling To Influence, Negotiate And Motivate.

White, D., & White, P. (2014) 4 Advantages That Small Businesses can Sell To Attract Top Talent. Available at https://www.entrepreneur.com/article/236778 [Accessed: 04 Aug, 2017].

WSJ. (2017) How To Attract talent to A Small Company. Available at http://guides.wsj.com/small-business/hiring-and-managing-employees/how-to-attract-talent-to-a-small-company/ [Accessed: 04 Aug, 2017].

October 19, 2022 0 comment
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Application Portfolio Management
BusinessManagementMarketingScholarlyWriting

Value of Exponential Technologies on Application Portfolio Management

by Shamsul October 18, 2022

Value of Exponential Technologies on Application Portfolio Management

 

Introduction

Organizations are under the requirement to improve their business processes so as to enhance velocity as well as service along with reducing the costs of processing and differentiate from the intense market competition (Engert et al., 2016). The business has increased its focus on information management to be a major determinant in determining success or failure; the implementation of exponential information technology proposals embeds enticing benefits for the business (Bican and Brem, 2020). Application Portfolio Management (APM) is that practice which aims to synchronize business activities with that IT activities, regaining control over application usage, measuring the associated financial benefits of every application relative to its cost along with creating as well as maintaining adequate inventories of available functionalities to hamper the growth of portfolio along with reversing it through actively eliminating duplicate functionality.

The value of exponential technology in application portfolio management is that it helps overcome the gap created between the business and IT by aligning IT-based investments and IT practices with the demands and needs of the business. It is a way for organizations to answer what should be measured and how, what needs to be made part of the portfolio, and what are the ways to optimize the use of applications so that the portfolio tends to create value for the business both externally as well as internally (Vogelzang, 2002).

 

Problem Statement

Studies that are related to digitization have suggested that exponential technologies have the potential to bring a positive contribution to the organization’s effort to become sustainable (Ordieres-Meré et al., 2020 and Bican and Brem, 2020). However, this suggestion is not quite clear and holds various opinions as well (Mohout and Kiemen, 2017). Exponential technology eliminates the need for material resources and pursues a strong social commitment, including considerable economic benefits. It is essential for businesses to ensure their permanence in the market and should be closely aligned with sustainable development.

This report will aim to determine the addition of an IT framework that extends support to decision-makers to make effective, valuable, and well-informed decisions and deal with application portfolios today and in the future.

 

Scope and Delimitations

The main objective of the present research paper is

  • To determine how application portfolio management has changed the way of doing business
  • To bridge the knowledge between exponential technologies and application portfolio management within organizations.
 

Research Question

The research question of this review is:

Q.1 “How does exponential technology add value to application portfolio management in an organization?”

Structure of the paper

Chapter 2 of the report presents a critical review of the literature on the different concepts useful during this work. We will analyze the aspect of application portfolio management and its importance in modern business organizations. Then chapter 3 will present the research methodology adopted for this report. Chapter 4 presents the discussion and conclusion that will be useful for future research on the topic.

 

 

Conceptual Model/Framework

Application Portfolio Management is like a proactive approach to managing your wardrobe. Take that t-shirt you bought on the spur of the moment before heading home and realize that it doesn’t match any other piece you own. Things would turn out better if you had taken a more methodical approach. For example, you could have examined your existing clothes before shopping, identifying your needs before choosing new items to complement your wardrobe. The same applies to enterprise applications (Bondugula and Kasargod, 2005).

As organizations grow, IT departments and affected employees buy applications to solve pressing problems without worrying about the implications (or at least not caring enough). As a result, applications accumulate, and it is difficult, if not impossible, to integrate them with existing applications or other systems (Kogekar, 2009). Similar apps performing the same tasks are purchased multiple times. Others are left out and no longer in use but are always paid for and never uninstalled. And others are bought and never used.

The methodical approach to avoid these scenarios is as follows:

  • Carry out a complete inventory
  • Decide on the value of each application
  • Keep the most useful applications
  • Update/change apps that are useful but no longer quite suitable
  • Remove/remove applications that are no longer suitable
  • Use the updated overview to decide what you need before purchasing other apps

 

Now, imagine that the following process has to cover hundreds or even thousands of applications simultaneously. For many organizations, the task seems so big that they just don’t have the time to do it.

 

Value of Exponential Technology in Application Portfolio Management

Failure to update your app portfolio means organizations spend unnecessarily on apps that don’t add value, leaving less money and resources to spend on software and services that could add value and boost the organization’s competitiveness. This also leaves them vulnerable to potential compliance and security breaches (Hallikainen, 2003).

 

Enable Cloud-Native Policies

A dynamic application catalog is a prerequisite for securely upgrading key business-critical IT processes and implementing cloud-native development standards that are both responsive and efficient. As a practical resource for enterprise and cloud architects, APM exposes organizational barriers during the repeated expansion of cloud environments and the integration of agile principles ().

 

Mitigate Security and Compliance Vulnerabilities

Compliance issues arising from the lifecycle of end-of-life application services can be predicted using IT portfolios integrated with vendor information databases or managed distributively. In addition, all applications dealing with customer data but running time-sensitive software licenses can be tracked to support audit management.

 

Optimize Cloud and Hybrid Costs and Resources

IT managers need to help businesses analyze cloud costs and investments. This process, along with strategically distributing workloads between on-premises data centers and public cloud spaces, requires contextualized and automated updates on cloud cost trends across multiple accounts and business units, such as allowing application inventories directly integrated with cloud providers.

 

Upgrade Processes with Lean Principles and the TBM (Technology Business Management) Framework

Data from APM’s programs are used to measure company-wide adoptions of the TBM framework. By documenting the specific services of cloud providers based on their ability to help information technology optimize business change and operating expenses, APM is making its mark on business leaders. IT and businesses that want to scale services cost-effectively.

 

Ensure the Adoption of Strategic Platforms Offering a Global Vision Through Effective Reports

APM offers enterprise architects and executive-level players the ability to oversee large-scale IT transformation projects. Specifically, most businesses are using fully configurable or automated reporting mechanisms so as to measure the impact of evolving technologies in real terms.

 

Conclusion

Leveraging agile mapping is essential in today’s business climate. With digital transformation driving customer demand, IT architecture must dynamically adapt to rapidly changing market needs. Most organizations spend 70-80% of their IT budget supporting aging, low-value legacy applications, leaving very little money to invest in optimizing business processes.

The objective of Application Portfolio Management is to articulate a unique architectural vision to enable the achievement of business objectives, respond effectively to strategic drivers, comply with architectural principles and standards, and respond to the concerns and objectives of key players. APM, businesses can optimize application stack, establish transparency amongst the stakeholders and bring added value to the business in real terms.

 
 
 

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help writing content to drive more traffic and boost conversions, get in touch through Contact our team?

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October 18, 2022 0 comment
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Artificial Intelligence Tools
Better TipsMarketingScholarlyTrendingWriting

5 Superb AI Tools and Their Results on Content Writing

by Shamsul October 8, 2022

5 Superb AI Tools for Content Writing

 


It is a fact that AI tools are transforming the way we consume and write content. With the help of automation, AI writing tools can enhance content creation’s productivity level and accuracy. But, some risks can put this process in trouble. AI-powered tools are beneficial for content creators. Besides advantages, one of the most significant disadvantages is that this type of content can be low quality and generic. In short, this thing can negatively impact the content. Fortunately, we have 5 best AI tools that can totally transform content writing,

 


1) Grammarly Writing Assistant | Superb AI Tools


Grammarly is one of the most popular copywriting assistants intending to improve your writing skills. This software offers plenty of fantastic writing features, including spell-checking, grammar-checking, etc. If you are a generalist, copywriter, or freelancer, this app can help you a lot. You can provide high-quality content to your clients. Moreover, it also provides feedback on your writing, helps to choose appropriate words, and gives tips to improve your content and sentence structure.


Major Advantage

The most significant advantage of Grammarly Writing Assistant is that it can help to edit and proofread your content. So you can deliver high-quality content to your clients.


Major Disadvantage

You have to be careful while using Grammarly. Sometimes, it can give you suggestions that can change the meaning of your sentence or copy. So, read your copy before hitting the publish button.


Conclusion

We recommend using Grammarly Writing Assistant for every copywriter and freelancer. It is an AI-powered writing tool that can make your content creation process incredibly easier. You can proofread, edit, and improve your content in a matter of seconds. Could you go and check it out today?

 


2) Copymatic AI | Superb AI Tools

If you are a content writer, freelancer, or copywriter, then you should use Copymatic AI. It is one of the best writing tools to help you create an effective and efficient copy. This tool helps to optimize your content for your audience. It is much better than other writing tools because it automatically makes adjustments by understanding your context. So, you should be happy now that you can create engaging and relevant copy for your audience.


Besides making your copy efficient and effective, Copymatic AI also saves time by completing your copywriting tasks. It is also helpful for editing and research purposes.


How to use Copymatic AI?

Copymatic AI is a valuable tool that helps writers to improve their content in no time. This AI-powered tool can make writing easier for content writers and freelancers. As a result, freelancers can give their best to their clients.


For Research Process

Copymatic AI can be used for research processes. If you are doing research about anything and want to make your research more efficient and effective, try Copymatic AI. You can insert your keyword, and Copymatic AI will help you find all the relevant articles. Through this, you can save much time and focus on other research areas.


For Editing Your Work

After writing a copy, the next step is to edit it. Copymatic AI can also help to edit and proofread your document. It has several built-in features that can transform your copy to make it relevant and effective. Your content will be more readable. So, you don’t require to use time editing when you have Copymatic AI.


For Brainstorming Ideas

If you are a content writer and running out of new ideas, Copymatic AI can help. It helps to brainstorm new ideas. Just enter the topic, and it will show you some of the best new ideas and topics. As a result, you can write on any topic and generate high-quality content.


For Tracking Your Progress

This software has a built-in feature that can track your writing progress. This way, you can easily complete a task within a given period. You must try this out if you are working on a project. Isn’t it helpful?


For Collaborating with Other Writers

If you work with a team, you can use Copymatic AI to collaborate with others. You can give feedback to improve the quality of the content to your team and other writers. This amazing feature makes this software incredible.


Major Advantage

There are plenty of advantages to using Copymatic AI. First, it saves time and automatically makes your content relevant. It focuses on improving your content and you can collaborate with others more effectively through Copymatic AI.


Major Disadvantage

Due to its complex processes, it could be difficult for some users to use Copymatic AI. Moreover, you have to pay separate subscription charges to access Copymatic AI features.


Conclusion

Nowadays, writing high-quality content is crucial. With this writing tool, you can make your clients happy. Check it out now.

 


3) Jasper AI | Superb AI Tools


Whether you are a freelancer or a copywriter, you must have heard about Jasper AI (formerly known as Jarvis). It is an AI-powered writing tool that helps to create better content faster. How is Jasper AI different from Grammarly and Copymatic? This tool utilizes artificial intelligence to make your content better in no time. It also gives suggestions on how to improve your content. It also shows examples and templates as a suggestion to understand things better. All in all, it is an important tool for every copywriter to speed up their work. You can take your copywriting skills to a new level with Jasper AI.


How to use Jasper AI?

1- If you are new, then you must read the following tips that show how to use Jasper AI.
2- You can find the right keywords for your content by using the keyword research feature of Jasper AI.
3- Make your content error-free by using the grammar and spelling checker feature of Jasper AI.
4- Utilize the readability feature to know how simple your content is to understand and read.
5- You can check the tone of your copy by using the tone analyzer of Jasper AI.

6- Make your content plagiarism-free by using the plagiarism checker.
7- You can save your content in different formats, such as HTML, Word, PDF, etc., with Jasper AI.

Major Advantage

Jasper AI gives creative content with different variations in no time.

Major Disadvantage


It has some short faults that make it less attractive for copywriters and freelancers.

Conclusion


If your goal as a copywriter is to enhance the speed of your workflow, then you must consider Jasper AI.

 

Read Also: A STUDY PREDICTING FUTURE OF ARTIFICIAL INTELLIGENCE VS HUMAN BEINGS

 

4) Copysmith AI | Superb AI Tools


When you desire to create original, attractive, and high-quality content, no one can beat the level of Copysmith AI. It utilizes machine learning and NLP (Natural Language Processing) to recognize the context and helps to generate unique content. This is mainly designed for businesses and big projects that want to save time. It can affect everything from articles to product descriptions, blogs, and posts. So, you can actually improve your ranking on search engine pages.

How to use Copysmith AI?


Copysmith AI is equally important for freelancers, copywriters, and content writers. If your goal is to create high-quality original content according to international requirements, then you can’t go wrong with Copysmith AI. You can create better content without extra hard work with Copysmith AI. From brainstorming to editing, proofreading, and much more, Copysmith AI can do everything. Below, we are going to mention some uses of Copysmith AI,

For Brainstorming

If you are planning to write so many articles but don’t have enough ideas, fret not because Copysmith AI is here to help you. It can literally brainstorm ideas for you. This handy tool allows you to find new keywords as well.


For Proofreading and Editing

You can make your copy error-free in no time with this writing tool. It comes with built-in editing and proofreading features. After creating a content draft, you can edit and proofread it faster with Copysmith AI.


For Creating Content

Copysmith AI can help to give you new ideas for writing interesting content. If you are running out of original ideas, then don’t worry. You just need to insert your keywords, which will show you a bunch of new ideas for your project.


For Improving Writing Skills

Copysmith AI also gives feedback, and you can make changes accordingly to make your copy different and exciting. This feature sets Copysmith AI apart from its competitors.


Major Advantage

Copysmith AI helps to brainstorm new ideas for your next project. It also gives suggestions and feedback on how to improve your work. This is also very convenient for editing and proofreading your content. It also helps to generate unique and exciting articles faster.


Major Disadvantage


Copysmith AI is not so effective when compared to Grammarly and Copymatic.


Conclusion

If you are a professional freelancer, you must get a subscription to Copysmith AI. It can make your content highly useful and you can rank your content or website on search engines.

 


5) Writesonic AI | Superb AI Tools

Regarding content marketing, Writesonic AI is the best copywriting tool. It provides plenty of amazing benefits and features that can help your business to gain the right fame. Honestly speaking, we can discuss unlimited advantages of Writesonic AI, but it offers the following features,
You can get automated copywriting services from Writesonic AI. It means you can get high-quality and original content without a copywriter’s help. On the other hand, Writesonic AI also offers SEO optimization. Businesses can optimize their content for SEO in order to target an audience. You can target your audience with the help of targeted content. It helps to improve their traffic and organic search ranking on Google and other search engines. Plus, you can also personalize your content with Writesonic AI. The most prominent feature of Writesonic AI is that it provides businesses with detailed analytics and reports. As a result, you can track your content performance and make changes accordingly.


How to use Writesonic AI?

If Writesonic AI is new for you, fret not because we will tell you how you can use Writesonic AI. Writesonic AI is extremely popular in several industries and professions. It is really simple to use. Here are some uses of Writesonic AI,


You can find the right keywords for your content with Writesonic AI.
You can produce original and high-quality content with Writesonic AI.
Anyone can revise their content with the help of Writesonic AI.
Writesonic AI assists you in writing the best content.
It is also helpful for research processes.

Major Advantage

Writesonic AI is really easy to use due to its simple and interactive interface.


Major Disadvantage

It takes time when it comes to generate content.


Conclusion


We have no shame in accepting that Writesonic AI is a powerful tool. Marketers and businesses can use this copywriting tool to make their content better.

 

Tips to Choose the Best AI Writing Tool | Superb AI Tools


There are so many AI-powered writing tools available out there. It is hard to pick the best AI writing tool. But you can choose the best AI copywriting tool by keeping the following tips in mind,

It should save you time.

They should improve your content quality.

They should brainstorm new ideas.

It should speed up your workflow.

It should automate repetitive tasks.

They should focus on other areas as well.

It should connect you with other writers.

It should keep you organized.

They should help you in publishing.

It should improve your search engine optimization ranking.

 

Final Thoughts


Based on these tips, you can effectively find the best AI copywriting tool for your content or business. So many top-notch services offer unlimited features at minimal subscription charges. Try these AI-powered tools to make your content unique, error-free, and exciting.

 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help in writing content to drive more traffic and boost conversions, get in touch through Contact our team.

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 

Read More

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INTEL SHARES NEW ROADMAPS AND MILESTONES

October 8, 2022 0 comment
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SUO MOTO
ScholarlyTop 10TrendingWriting

Forty-Six Suo Moto Cases in Supreme Court from 1990 to 2021

by Shamsul September 30, 2022

Forty-Six Suo Moto Cases in Supreme Court from 1990 to 2021

 

Indian Supreme Court has sometimes taken up ‘suo moto’ cases without any interest or filed a petition.

Indian Supreme Court takes ‘suo moto’ cases sometimes. It means they take up these cases without any of their interest or filing a petition.

While this type of power is given by the s. 23 of Contempt of Courts Acts, 1971 For the court’s contempt, usage of a process in judicial review authority or writ has been new. It came into existence by relaxation of the procedure while considering PILS. The first example is considered in the case of Sunil Batra. Process for suo moto petition was made formal in 2014 by the adoption of Order 38, Rule 12(1)(a) in Supreme Court Rules, 2013.

Vasujith Ram and Marc Galanter take data from the time duration of 1990 to 2018, ‘Suo Moto Intervention and the Indian Judiciary,’ Chapter 4 in Rosenberg et al. (eds), A Qualified Hope (CUP 2019). This data is collected from many reports and there is suspicion of human errors in it. Mainly because until the 2010s, courts were not counting suo moto petitions separately. Data from May 2018 is taken from the website of the Indian Supreme Court. Here, we see the ‘suo moto’ awareness only in Court’s Review authority or writ. We look at the frequency & no. of cases from 1990-2021. Also, look at the nature of cases instituted from 1990 through 2021.

 

Total 46 Suo Moto

Court has started a total of 46 cases in this duration of time. These numbers are rising with the passage of time or over the years. One of the earliest cases was looked up in 1994, which addressed pollution in the Yamuna river, but it is still pending. It is interesting to know that one of the most recent cases of 2021 is about looking at the river’s pollution in more detail. The highest number of suo moto cases was in the year 2020, and the number was 10. It was mainly because of the Covid pandemic at that time. Within the first three months, there are already 3 new cases in 2021.

In the past 27 years, almost fifty percent of cases were taken-up only in the last three years. The steepest increase was seen in 2014 (4x from 2013) and 2019 (2.33x from 2018).

Almost 18 cases out of them are still pending, and it makes up forty percent of all cases. Some of them issue orders at ‘continuing mandamus’, which means these cases will endure open for reviewing situations & issue fresh orders instead of instituting the new case. The case of air pollution in Delhi is an example of it.

 

A shift is seen over time in the matters dealt with by the court in the suo moto cases.

Some cases deal with a ‘particular issue.’ It means issues that are basically found in nature, but their scope is limited only to one place. E.g., pollution in Delhi. Covid cases are also included in it, as 9 cases deal with the fallout of Covid.

‘Particular incident’ means an issue taken up by reference to an incident that involves a specific number of people. E.g., a case in which there was a fire in Tamil Nadu which killed twenty-five asylum inmates. From 1994-2014, sixty-one percent (11 out of 18) of total suo moto cases dealt with a particular incident. From 2015-2021, fourteen percent (4 out of 28) cases dealt with a particular incident.

‘Systemic Issues’ mean broader matters like the approach of criminal justice structure to cases of sexual violence. Sixty-nine (69) percent (9 out of 13) cases are dealing with these issues, which were initiated in 2015.

 
 

Need Help In Content Writing?

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Read More:

SUO MOTO POWERS IN THE WRIT JURISDICTION | SOUTH ASIAN REVOLUTION?

SUO MOTU | JUDICIAL ACTIVISM OR JUDICIAL ADVENTURISM? 

September 30, 2022 0 comment
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Fugitive Billionaires
ScholarlyTrendingWriting

Why Do the British Love Fugitive Billionaires?

by Shamsul September 28, 2022

Why Do the British Love Fugitive Billionaires?

 

This article will focus on the United Kingdom. Why & how does Britain have a fondness for fugitive tycoons? The largest and friendliest haven for financial fraudsters. Britain appears to like fugitive millionaires of any color or nationality, irrespective of their criminality or dishonesty. If you have a great deal of money and want to go beyond your country’s legal system, Britain seems to be the destination to go. They will accept you with welcoming arms if you present them with enough bucks. The authorities would not only give you refuge but will also assure that your business enterprise never comes to an end. From African dictators to Arab emirs, Russian billionaires to Eastern-European crooks, all kinds of coupists have sought shelter in the so-called mighty country over the years (Mosamku, 2020).

From evacuating Pakistani rulers to tax cheats in India. The United Kingdom has become a sanctuary for various business magnates (Fugitive Billionaires) on the run. Most of you are probably aware of this person, who spent years working for an airline before opting to escape his country, named Vijay Mallya.

Vijay Mallya

Mr. Mallya has always been having a good time. This colossal king of the past owed 17 Indian banking industry a total of 9,000 million rupees. As a result, he chose to relocate to Britain (Fugitive Billionaires). Later, after 3 years, he turns up for court proceedings puffing expensive cigars. 

Nirav Modi

Nirav Modi, an Indian-origin diamond merchant on the loose, is also suspected of a “13-billion-rupee” fraud.

He has since been spotted sporting a 10,000-pound blazer in London. When questioned, he pretended to be on his way to India after reclaiming the Kohinoor. However, I’ll offer you other figures because this list is extensive. In all, 5,500 Indians filed for asylum in the United Kingdom until 2013. India and the United Kingdom do have an extradition pact in place since 1992. Now, do you know how many evacuees have been deported to India due to this treaty? Just ONE – The gentleman named Sameer Bhai Vinu Bhai Patel (Mosamku, 2020). There’s only been one extradition to India. It was in 2016, and no additional deportation attempts have been made since then.

 

Why Hasn’t India been able to Take Back these Perpetrators? (Fugitive Billionaires)

There’s been much finger-pointing and political posturing, although have you really pondered why India can still not take back its fugitive tycoons? Because of the ingeniously crafted UK Legislation. But no, I’m not planning a legal workshop; these are simply some notions.

 

The Judicial System in the United Kingdom ((Fugitive Billionaires))

The judiciary system in Britain is the most significant impediment to repatriation. The nation ratifies the European Conventions of Human Rights. If a Britain judge determines that the deportation is for political grounds, the extradition will proceed. Alternatively, if the transferred individual is likely to be subjected to violence or capital punishment, they would refuse the extradition process. Some might call it a reward for Indian offenders.

 

Money Speaks Louder (Fugitive Billionaires)

Such rogue capitalists could be in severe debt to their throats. However, they are still multimillionaires and have a great deal of money. The British authorities would do everything possible to avoid repatriation. As a result, the plundered funds are held in UK banks or offshore bank accounts. I do have figures for you once more. As per a study by Deutsche Bank, Britain collected $129 billion in cash from runaway asylum seekers from 2006 to 2015. 

This money goes directly to British marine paradises like Gibraltar, the British Virgin Islands, Cayman, Guernsey, and Jersey. According to corruption surveillance, the UK financial planning business controls $800 billion in worldwide money, with a hidden embezzlement hazard of $800 billion.

The FCA [Financial Conduct Authority] is the financial industry regulator in the United Kingdom. As per the “Corruption Watch,” no judicial actions for financial fraud have been undertaken by this entity since 2007 (Mosamku, 2020). 

As a result, for the past 13 years, this organization has held firm despite international opposition and offered complete security to fugitive investors and companies from any court inquiry. So, if you’re accused of Financial Misconduct, Holiday Forex, or Stock HEDGING, the Britain financial sector and its arcane regulations will back you up.

 

THE MOST EXPERIENCED LEGAL MINDS (Fugitive Billionaires)

Fourth, Britain boasts some of the most influential legal minds in the world. Leading British politicians are contending for the millionaires who are departing the country. These are folks who also are incredibly knowledgeable about Indian law. Vijay Mallya’s matter is being handled by BOUTIQUE LAW, a global law company. Anand Doobay, one of Britain’s top legal minds, is a co-managing partner at this firm.

This individual was assigned to a group to evaluate the UK’s extradite arrangements by outgoing Prime Minister Theresa MAY while she was the nation’s Home Secretary. After consulting the country’s home secretary, her firm is now contesting the Vijay Mallya trial. 

Neerav Modi likewise solicited the same firm’s expertise. Whatever I imply is this: the British are brilliant people who haven’t governed half of the world by accident. They turned their small island into the most lucrative location for monetary scam artists. They initially provide sanctuary, then create possibilities for laundering money, cut off the robbed riches, and eventually force countries to seek repatriation in their tribunals. 

But India’s ties with the UK are so commercial that it just doesn’t challenge the UK’s underlying reasons for postponing extraditions. Instead, from the perspective of British lawmakers, India demands certifications from Kashmir. The Supreme Court of India has directed Vijay Malia to show up in court soon. The judges have urged the Ministry of Home to make it easier and more secure for Mallya to appear on this occasion. This is an instance of disobedience to the court.

 

Why are fleeing Indian criminals seeking asylum in the United Kingdom?

Because the judicial systems in India and the United Kingdom are almost comparable, fugitive Indian offenders are sheltered in the United Kingdom. In 1992, India and the United Kingdom concluded an extradition deal. The year before, India handed over 57 runaways to the United Kingdom, while the United Kingdom handed over 17 of the same to India. According to figures, 5,500 Indians reportedly sought asylum in the United Kingdom since 2013. 

Two offenders have already been handed up to the United Kingdom by India. However, not all of those are offenders. India and the United Kingdom signed an exchange pact in 1992, and the United Kingdom only repatriated one offender, Indian Samirbhai Vinubhai Patel, in 2016 (Singh, 2019). Since then, the United Kingdom has not returned any runaways to India. The issue now is what type of assistance the British government provides to Indian offenders.

 

What are the Geneva Convention’s concepts and regulations?

Let’s take a closer look at this phenomenon. (Fugitive Billionaires)

1. The fact that Britain governed India for approximately 200 years is well known. Well after the British left, India still maintained numerous British-era customs and laws. Numerous competent attorneys in India and the United Kingdom are very well accomplished in both British and Indian legislation, which gives Indian offenders an edge. Since the judicial systems of India and the United Kingdom are nearly comparable, India’s offenders have sought refuge in the United Kingdom.

2. The British Commission on Human Rights is highly rigorous and defends the rights of all individuals who live in the United Kingdom. Criminals are abusing this privilege. If a British judge considers that repatriation may result in a person being sentenced to death inside India, mistreatment, or repatriation for political purposes, the extradition will be denied. 

Nirav Modi’s attorney told a London hearing that their client’s repatriation is politically driven because Indian politicians exploit his image at gatherings, angering Indian citizens and putting his client’s security at risk in India (Singh, 2019). 

3. Many Indians reside in London, making it a friendly atmosphere for fleeing offenders. South Asian cuisine is widely found here. Many parts of London have indeed been dubbed “Mini India.” Numerous Bollywood businesses and celebrities own homes in London & frequently visit. Vijay Mallya, as everyone realizes, also lived in a big villa in London. It is not factual that London is solely home to fleeing Indian offenders. 

Former Pakistani PM Nawaz Sharif (Now Declared absconder by the court)

In addition, several Pakistani offenders seek shelter in London. Former Pakistani PM Nawaz Sharif (Now Declared absconder by the court), his children, Benazir Bhutto’s clan, Bilawal Bhutto, and his siblings have all resided there for a long time. It is now essential for the Indian & Pakistani governments to reauthorize the extradition agreement with the United Kingdom to expedite offenders’ expulsion.

Why Do They Find it so Easy?

The following will help explain:

Human Rights Legislation that is Rigorous (Fugitive Billionaires)

The Modis (Nirav & Lalit) and the Mallya’s of India were not the only ones who sought protection in the Queen’s realm. Since 2013, upwards of 5,500 Indians have applied for asylum in the United Kingdom; however, not all are offenders. They would be subjected to torture or the death sentence, or if extradition is being sought for political purposes. The United Kingdom is a party to the “European Convention on Human Rights”; UK courts can refuse extradition requests if they believe the individual to be deported.

 

Extradition is Being Delayed (Fugitive Billionaires)

In the United Kingdom, extradition processes are sluggish. Rajesh Kapoor (2011) for counterfeiting and forgery, Tiger Hanif (2004) for engagement in terrorist activity, Atul Singh (2012) for sexual crimes, Raj Kumar Patel (2009) for falsification, Jatinder Kumar Angurala as well as Asha Rani Angurala (2014) for financial crimes, Sanjeev Kumar Chawla (2004) for cricket gambles, and Shaik Sadiq (2004) for corruption: India has submitted nine deportation orders, including that of Vijay Mallya In courts, these cases are still ongoing (ET ONLINE, 2018).

 

Extradition Requests Were Turned Down

Lalit Modi
Nadeem-Saifi
Ravi-Sankaran
Raymond-Varley
Sudhir-Choudhrie
Tiger-Hanif

Since the two nations approved an extradition agreement in 1992, the UK has only deported back one Indian, Samirbhai Vinubhai Patel, in 2016. In contrast, India has deported several British fugitives, including Maninder Pal Singh Kohli in 2007 for killing, Somaia Ketan Surendra in 2009 for dishonesty, and Kulwinder Singh Uppal in 2013 for abduction. Why hasn’t India been able to take back these perpetrators? 

For various reasons, the UK has denied many extradition petitions made by India for Fugitive Billionaires. Ravi Shankaran, Raymond Varley, Ajay Prasad Khaitan, Velu Boopalan, Virendra Kumar Rastogi, as well as Anand Kumar Jain are some of the names on the list (ET ONLINE, 2018).

 
 

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PESTLE Analysis of Pakistan

MERGERS AND ACQUISITIONS

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Green Supply Chain
ManagementMarketingScholarlyTrendingWorld's Climate

Impact of Green Supply Chain on Organizational Performance

by Shamsul July 3, 2022

Impact of Green Supply Chain on Organizational Performance

 

Introduction

The spectacular development of technologies and sales techniques has greatly caused the overconsumption of industrial products, especially high-tech products whose life cycles are increasingly short (Ahi and Searcy, 2013). On the other hand, this development has led to increased consumption of raw materials and energies as well as to the growth of the quantities of greenhouse gases and of waste in landfills. So, the Importance of Green Supply Chain is crucial on Organizational Performance

The rapid economic growth of emerging countries like China and India along with changes in their lifestyles will aggravate the problem. Awareness of the planet’s ecological problems has taken on a global dimension since the UN Conference on the Human Environment, held in Stockholm during1972 in the capital of Sweden. The years that followed saw the birth of an international environmental movement. Long separated, questions of economy and ecology have become linked to define what is called “sustainable development.”

 

The Logistics Chain and the Concept of Sustainable Development

Ever since its inception in the early years of the 1990s, the idea of “supply chain management” is established itself as a key driver of corporate competitiveness. Initially, this concept was only functional management of each activity of the industrial company to become, at the beginning of the year 1990, a logistics chain integrating a greater number of business partners upstream or downstream of a business (Bechtel and Jayaram, 2007). The supply chain can be represented by a sequence of activities starting with the supply of raw materials and ending with the delivery of the finished product to the consumer (figure 1). Supply chain management thus pursues an objective of integration, not only by sharing information between its partners but also by continuously reviewing value-added activities (Christopher, 1998). Globalization has enforced most organizations to remain at least a part of one supply chain the result of which is that there is increasing competition amongst the existing supply chains instead of insulated companies (Gold, Seuring and Beske, 2009).

Figure 1: Traditional supply chain representation (Chouinard, 2007)

Thus, in the context of market globalization, the main objective of supply chain management is the creation of value which is based upon the premise that an integrated and effective supply chain subsidizes the minimization of financial risks and to increased profits (Fawcett, Magnan & McCarter, 2008). Therefore, the business models that are implemented by industrial companies involve logistics chains within which the raw materials are changed into finished products using non-renewable technologies and energies, and then transported to the end consumer, regardless of the disposition of the products. Along with the economic challenge, sustainability has been seen as a second major challenge for companies in recent years (Kleindorfer, Singhal and Van Wassenhove, 2005). The operationalization of sustainable development in the company is reflected in the corporate social responsibility approach (Boukherroub, 2013). The relationship between supply chain management and sustainability is more approached from an environmental perspective using different terminologies such as green sourcing, responsible product stewardship, reverse logistics, and chain management green logistics (Vachon and Mao, 2008).

Traditionally, the regulations governing environmental aspects have been seen as equal to that of additional costs and consequently seen as a barrier to a company’s competitiveness. The hypothesis of Porter and Van der Linde (1995) states that “in case there are strict environmental regulations however they are flexible and can be adapted; the restrictions created tends to encourage innovation and may sometimes improve the level of competitiveness of the business”. In their statements, the authors quoted some cases in which firms that were in alignment with environmental laws saw their profits increase. It is therefore not surprising, in this context, that the sustainability of the company has gradually extended to logistics networks through pressure from stakeholders (customers and shareholders). Vachon and Mao (2008) claimed that there is a considerable relationship between the strength of the supply chain and environmental innovation and which also supports the hypothesis of Porter and Vander Linde, (1995).

Indeed, today in the context of sustainable development and for several reasons such as the economic advantages that the recovery of certain products used, the government legislation, and growing consumer demand for environmentally friendly products, several pioneer companies have felt the need to review the management strategy of their supply chains in order to integrate end-of-life product processing activities and reduce as much as possible environmental impacts. The classic linear model of the supply chain is therefore gradually giving way to a cyclical model through which the recovered products are reinjected into the traditional supply chain to build a value loop. Thus, the concept of the circular economy seems to be the most recent practice of sustainable development and is defined, according to ADEME (2014) as “an economic structure of production and exchange which, at every phase of the life cycle of the product, seeks to escalate the efficiency regarding the usage of resources along with reducing the impact over the environment”

Green supply chain management can then be seen as integrating environmental concerns within the supply chain management (Sarkis, Zhu and Lai, 2011). The term “green” has become more and more abundant, it can have several meanings depending on the perceptions of its users, but all refer to the environment (Boks and Stevels, 2007). The concept of “green supply chain” has been initially suggested by the University of Michigan Manufacturing Research Consortium in 1996, in view of evaluating the different environmental influences and the optimization of resources of manufacturing supply chains (Hanfield, 2016). The key motivations for the implementation and management of the green supply chain can be grouped into 4 distinct categories (Zhu and Sarkis, 2004; Walker, Di Sisto and McBain, 2008): regulations, the search for a competitive edge, pressure from that of the stakeholders and internal company innovation. The level of these motivations with respect to their importance is difficult and is dependent upon various factors like the country, the field of activity, and the size of the companies studied.

In the Canadian aspect, a recent study reveals that the companies that have implemented practices of green products such as reduced consumption of energy, packaging, and waste have reported improvement in terms of reducing their distribution costs, customer loyalty, and opportunities to access foreign markets (Industry Canada, 2009). Today, companies are increasingly proactive when it comes to environmental sustainability. The results obtained have been confirmed by the results of a current survey undertaken over 582 European companies. The results clearly show in Figure 2 that regulation is no longer seen as the most important motivation for the establishment of sustainable actions and instead gives way to corporate branding and management leadership. According to research carried out by Zhu and Sarkis (2006), there always is an impact on the environment at every stage of the product life cycle, from the extraction of raw materials to the discarding of the product after its consumption (Solvang and Hakam, 2010; Andiç, Yurt, and Baltacioglu, 2012).

Figure 2: Motivations for the implementation of green practices (Bearing Point, 2010)

Green supply chain management processes

Within the green supply chain, various procedures tend to combine as well as complement each other so as to assure the product delivery to that of the end consumer as well as its return after use. These processes vary according to the business sectors of the company and link one link with another or with several links in the network. Stadtler (2002) subdivides supply chain management into two distinct parts: integration as well as the coordination of the network of the various flows. Network integration involves the choice of organization, partners, management, and collaboration within the network. Network coordination tends to constitute planning along with the control processes of the chain along with the process of information sharing and the technologies that are used for this purpose. Lambert and Cooper (2000) describe the different processes defining the management of a supply chain. The transversal functions allowing the management of flows and the integration of the basic functions of a company in a supply chain are:

  • customer service management
  • customer relationship management
  • demand management;
  • order management;
  • production flow management;
  • product development and marketing;
  • supplier relationship management;
  • reverse flow management (recycling, after-sales service)

in order to further illustrate the major processes within a green supply chain, the GreenSCOR model is rendered to be an example (SCC, 2006), illustrated in figure 3. This model assumes that the supply chain is divided into four processes: planning, green procurement and manufacturing, green logistics, and carbon management

Figure 3: Green supply chain management processes (SCC, 2006)

Planning

is a process aimed at organizing other processes in the supply chain? At this level, the strategic decisions for the configuration of the integrated closed-loop logistics network and the ecodesign of products are determined

Paquette (2005) states that key variables which can influence the environmental performance of a system or product are determined in this planning phase of the supply chain.

 

Supply procurement

Mainly because of its upstream position within the logistics chain, the “supply procurement” process plays an essential strategic role; it is able to prevent when selecting suppliers and service providers, the transfer of goods, environmental risks of raw materials and acquired products.

 

Green manufacturing

The “manufacturing” process encompasses the processing of raw materials and the assembling of that product. In order to assure the implementation of green manufacturing, businesses should focus on improving their manufacturing procedures by working through the triangle which comprises three main elements: energy, technology, and materials.

 

Green distribution

The “deliver” procedure comprises two sub-procedures: transport and storage.

  • Green transportation. This assures the movement of the material flows from that of the supply chain. Nevertheless, this sector does hold a huge impact on the environment, for example, freight transport accounts for around 14% of total industrial emissions
  • Green storage. The logistics buildings have a very important role in the management of flows both upstream as well as downstream of the logistics chain, it also ensures storage along with other order finishing operations (packaging, labeling, etc.). The objective of green storage is primarily to plan logistics buildings in compliance with eco-construction standards (eg, standard NF EN 15643-1) which reduces environmental impact. Business warehouses can be built using materials such as wood and can operate with alternative and renewable energies such as solar and wind energy
 

Reverse logistics/ Carbon management

The ‘return’ process is the last process in the green supply chain. It allows the closure of the value loop through the extension of the product lifecycle to allow its reuse (Fleischmann, 2001).

 
 

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References

  1. ADEME(2014). ADEME & Vous.76, juin.
  2. Ahi, P., & Searcy, C. (2013). A comparative literature analysis of definitions for green and sustainable supply chain management. Journal of Cleaner Production, 52(1), 329-341
  3. Andiç, E., Yurt, Ö., & Baltacıoğlu, T. (2012). Green supply chains:Efforts and potential applications for the Turkish market.Resources, Conservation and Recycling,58, 50-68
  4. Bearing Point (2010). Green Supply Chain: From awareness to Action. 4th Supply Chain Monitor
  5. Bechtel, C., & Jayaram, J.(2007).Supply chain management: A strategic perspective. International Journal of Logistics Management, 8(1), 15-34
  6. Boks, C., & Stevels, A. (2007). Essential perspectives for design for environment. Experiences from the electronics industry. International Journal of Production Research, 45(18-19), 4021-4039.
7.      Boukherroub, T. (2013). Integration of the objectives of sustainable development in the strategic and tactical management of the supply chain. Doctoral thesis, National Institute of Applied Sciences of Lyon, France
  • Chouinard, M. (2007). Modeling and design of supply loops: multi-product, multi-state and multi-alternative processing context. Doctoral thesis, Faculty of Graduate Studies, Laval University, Quebec, Canada.
  • Christopher, M.G. (1998).Logistics and Supply Chain Management: Strategies for Reducing Costs and Improving Services. Londres: Pitman Publishing
  • Fawcett, S.E., Magnan, G.M., & McCarter, M.W. (2008). Benefits, barriers, and bridges to effective supply chain management.Supply Chain Management:An International Journal,13(1), 35-48.
  • Fleischmann, M. (2001). Quantitative models for reverse logistics. Berlin: Springer-Verlag, 181 p
  • Gold, S., Seuring, S., & Beske, P. (2009).Sustainable supply chain management and inter-organisational resources:Aliterature review.Corporate Social Responsibility and Environmental Management, 17(4), 230-245.
  • Handfield,B. (2016). Green supply chain:Best practices from the furniture industry. Proceedings of the Annual Meeting of the Decision Science Institute(No3, pp. 1295-1297). États-Unis
  • Industrie Canada (2009).Green Supply Chain Management Logistics & Transportation Services –A Canadian Perspective.Industrie Canada, tiré de http://www.ic.gc.ca
  • Kleindorfer, P.R.,Singhal, K., &Van Wassenhove, L.N.(2005).Sustainable operations management.Production andOperations Management, 14(4), 482-492
  • Lambert,D.M.,& Cooper,M.C. (2000).Issues in supply chain management.Industrial Marketing Management, 29(1), 65-83.
  • Paquette, J.R. (2005).The Supply ChainResponse to Environmental Pressures. Thèse de doctorat.Massachusetts Institute of Technology
  • Porter, M.E., Van der Linde,C. (1995).Green and competitive:Ending the stalemate, Harvard Business Review, 73(5),120-133.
  • Sarkis, J., Zhu, Q., & Lai,K.H. (2011). An organizational theoretic review of green supply chain management literature. International Journal of Production Economics, 130(1), 1-15
  • Solvang, W.D., & Hakam, M.H.(2010). Sustainable logistics networks in sparsely populated areas.Journal of Service Science and Management,3(1), 72
  • Stadtler, H. (2002). Basics of supply chain management. InH.Stadtler& C.Kilger (éd.), Supply Chain Management and Advanced Planning. Concepts, Models, Software and Case Studies(pp. 7-28).Berlin: Springer-Verlag.
  • Supply Chain Council -SCC (2006). SCOR Model Overview. Version 8.0. Supply Chain Council Inc
  • Vachon, S., & Mao, Z. (2008). Linking supply chain strength to sustainable development:Acountry-level analysis.Journal of Cleaner Production,16(15), 1552-1560.
  • Walker, H., Di Sisto, L., & McBain, D. (2008). Drivers and barriers to environmental supply chain management practices:Lessons from the public and private sectors.Journal of Purchasing and Supply Management,14(1), 69-85
  • Zhu, Q., & Sarkis, J. (2006). An inter-sectoral comparison of green supply chain management in China:Drivers and practices.Journal of Cleaner Production,14(5), 472-486
July 3, 2022 0 comment
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Money Laundering
Better TipsBiographyBusinessManagementMarketingScholarlyTrendingWriting

How to Mitigate Money Laundering Risks?

by Shamsul May 7, 2022

How to Mitigate Money Laundering Risks?

 

Terrorists and criminals utilize the way of money laundering to hide their illegally obtained money. The money-laundering system exploits the financial system and businesses for its benefit. It also focuses and targets those companies and financial institutions involved in this practice. The FATF (Financial Action Task Force) has successfully revised several changes to make it difficult for the culprits. Want to know how to mitigate money laundering risks? Read on to learn some useful ways that can reduce the risk of money laundering.

 

Identify the Risks:

First of all, you need to evaluate the outcomes of money laundering. There are countless risks associated with this illegal activity. You try to must the following factors in mind,

  • It is really difficult for any person to understand the business structure of a foundation, trust, or company due to its complex system. That’s why these companies or trusts utilized money laundering methods in order to hide the source of illicitly obtained money and protect the identity of their owners.

  • They show their assets from a country in developed or developing countries.

  • Recent transactions are completed by a trust or foundation that highlights participation in fraudulent or illegal activities.
 

In order to keep your firm away from money laundering, you should follow anti-money laundering laws and regulations imposed by your country. It is also crucial to make effective policies that can help to identify the potential outcomes of corruption.

 

Follow a Safety List:

  • Monitoring:

It is imperative to contact the owners and contracting parties to monitor whether they can be trusted or not. This step is referred to as screening or monitoring.

  • KYC:

Before doing business with other parties, confirm their verified contact information. If they seem slightly suspicious, then conduct annual meetings, reassess their information, and make regular contact to identify their authenticity.

  • Virtual Assets:

You must check your partner’s technical means if they are using virtual assets or wallets. You should also check their profile and transaction history if they cross any limits.

 

Anti-Money Laundering Program:

In order to mitigate the risks of money laundering, you can utilize the expertise of financial professionals. There are numerous anti-money laundering programs that you can use to monitor your business and financial dealings. Make sure that your business operations should be aligned with the anti-corruption program.

Risk-based Due Diligence:

If you are sensing some kind of risk, then conducting risk-based due diligence is important. It encompasses associates, clients, and third parties. On the other hand, you must monitor new laws and regulations and ensure that your business activities comply with these laws or regulations.

Adopting Technology:

Nowadays, the way of doing business has changed completely with the adoption of new technology. But, it also increases the risk of online fraud and cybercrime. That’s why you must have the latest technological tools to revoke any kind of financial risk. According to NICE Actimize, you must invest in a robust and proper system that can monitor anti-money laundering activities on various scales. Some useful tools can monitor trends, transactions, and behaviors.

Organizing Workshops:

Online frauds and cybercrime are complicated to understand due to their complex nature. It would help inform your workers or employees about how your company can be misused for illegal activities, including money laundering. You should give them proper training so that they can tackle any risk or danger if they find something suspicious. Taking immediate action can be helpful in this regard.

Organizing Internal Assessments:

Many anti-money laundering laws and regulations suggest conducting internal assessments more often. If you are using an anti-corruption program, then it should highlight potential risks or outcomes. But, if your data is too huge, it is hard to mitigate risk easily. Conducting a complete reassessment is critical in this situation. To cope with these issues, you must build a qualified financial crime team. This team can evaluate potential risks and collect data by using available tools and resources. You can’t mitigate the risk of money laundering without the help of a financial crime team.

Identifying Transactions:

It is crucial to document every transaction to avoid the risk of any financial problem in the future. For this purpose, you need to identify every transaction made through your account. If you found something dubious in payments, then you should conduct a risk assessment ASAP.

Fraudulent Trusts:

If you have recognized a company with a high anti-money laundering risk, you must have enough suitable tools to minimize the risks. For this reason, you can conduct a matter risk assessment with the client to highlight the potential frauds. After this, you have to confirm their funding resources with enough research and documentation.

Staying In Contact:

You can contact your client through video calls or in-person meetings. If you do not contact your clients, then it can amplify the risk of fraud. So, staying in contact with the client is really important.

Promoting Anti-Money Laundering Culture:

It is the responsibility of managers and workers to promote an anti-money laundering culture and awareness. The workers or managers of an organization can identify the risk of fraudulent activities better. They can monitor potential risks better and provide good solutions to mitigate them. They can also help implement effective solutions to minimize the risk.

Revising Your Policy:

International and national laws and regulations must be revised every year because money launders can easily find loopholes in the financial system. They use better techniques to launder money. By changing the regulations, you can increase trouble for them. On the other hand, you must revise your anti-money laundering policy to comply with the revised laws or regulations.

The effect of corruption on the economy has devastating consequences. It strengthens corruption and weakens the financial system. Millions and billions are laundered every year. Policymakers and governments are revising anti-corruption programs and regulations to mitigate this. Investors and financial players like to invest in businesses in a robust anti-corruption laundering ecosystem.

This is our detailed guide on how to mitigate the risk of money laundering. There are many other ways to control money laundering, but the above methods are also very helpful. You must do proper research and analysis to identify online crimes and fraudulent practices.

 
 

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PESTLE Analysis of Pakistan

MERGERS AND ACQUISITIONS

THE EISENHOWER MATRIX – IMPORTANCE AND URGENCY

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