A Study On Computer Science - 1402 Words

A thirty-three-year-old Asian man, called a genius with a master’s degree in computer science, was sitting on a comfortable wooden chair in his own room, staring at his laptop, and continued typing â€Å"cheap flights.† As the search result came out, he unthinkingly clicked one by one, visiting each website labelled Google-branded ads. Ultimately, he got a good deal from OneTravel.com with 15 percent off. He thought he was smart by choosing the stickiest websites, but he didn’t know his search alternatives were set by a Big Salesman, namely Google. The more he clicked, the more he increased Google’s advertising profits. He is my brother, a computer programmer. He used to drive me crazy with his own scary program he created, Teamwork. The†¦show more content†¦By attacking solely users’ cravings, Google is able to take advantage of users’ habits to maximize its advertising profits. Specifically, it generates users’ cravings during their searches and targets advertising to them instantly. In the article â€Å"Selling You and Your Clicks: Examining the Audience Commodification Google,† the authors Hyunjin Kang and Matthew P. McAllister argue Google commodifies its users to advertisers through their search habits (150). According to the authors, to commodify its users through the Internet, Google implements â€Å"keyword-matching ads† by running AdWords and AdSense (147). Once users type keywords on the Google search engine, through AdWords, â€Å"a keyword-matching advertising service,† targeted advertisements which match the keywords automatically pop up on users’ pages (146). AdSense, â€Å"the cost-per-click† paradigm, is an exchangeable tool between Google and other advertisers who register for the program. The advertisers can choose their own keywords which are relevant to their business. Eventually, their ads will be displayed on Google-branded ads after they agree to â€Å"pay per click† (146). However, â€Å"the number of clicks† actually reflects how much profit â€Å"keyword-matching ads† would bring (150). The more users click, the more money advertisers will pay Google (150). Thus, to maximize â€Å"the number of clicks,† Google attempts to provide wise keywords for advertisers to attractShow MoreRelatedA Study On Computer Science2265 Words   |  10 Pagesdegree in computer science is decreasing due to to common stereotypes women believe about computer science and the experiences they have while studying computer science. According to the National Center for Women Information Technology only â€Å"17% of 2014 Computer Science and Information Sciences bachelor’s degree recipients were female†(NCWIT Fact Sheet). Computer Science is mainly a male dominated field. There are many factors that come into play when a woman decides to become a computer science majorRead MoreComputer Science Is The Study Of Principals And How The Computers12 07 Words   |  5 PagesComputer Science is the study of principals and how the computers works. Which leads to computer programming. What is computer programming? Well computer programing is a process that leads from an original formulation of computing problem to executable computer programs. You wonder why this is so important to everybody, but it is very important since things you will use in your daily life had to be programmed to be able to work. For example writing this paper I am using Microsoft Word which had toRead MoreWhy I Want to Study Computer Science510 Words   |  2 Pagessymbolizes mans rational thinking. On that account a computer is the most ingenious invention of man. It exemplifies the prowess of human mind to perceive things rationally and put them to use in performing extremely difficult tasks with effortless ease. With this kind of attitude towards machines I was introduced to computers about what they can do and how they do it. This was enough for me to decide that I was going to work with computers all my life. The boundless possibility of tryingRead MorePhysics And Computer Science Study The Behavior Of Complex Systems By Computer Simulation2326 Words   |  10 Pagesmodelling as ‘the use of mathematics, physics and computer science to study the behaviour of complex systems by computer simulation’ (http://www.nibib.nih.gov/science-education/science-topics/computational-modeling) then that’s something I’m very familiar with, especially when modelling chemical processes in a manufacturing environment. In Chemistry, computational modelling is used for a range of different purposes (see Figure 1 below). You can use computer models to predict the behaviour of chemicalRead MoreI Want to Pursue My Studies in Computer Science743 Words   |  3 Pagesto make this a dry short letter either. Why Computer Science? Right from the time of my schooling I was taught at home and school that Computer Science was the most progressive emerging subject and that the wonderful contraptions called computers were considered The next best thing to Human Brain if not equaling it together. With this developed a keen interest in this fascinating field and as time passed by I realized that Computer Science would pervade into humanity to help man realizeRead MoreCareers And Careers : Computer Science1037 Words   |  5 PagesComputing: Computer Scientist Computer science offers many different career options including software engineering, system analyst, and computer scientist. Each one of these career options focuses and specializes in one study of computer science and certain aspects. One major career choice that deals with computer science is a computer scientist. A computer scientist has acquired knowledge of computer science itself and various principles and applications that involve computer science. This coversRead MoreIdentify Underlying Causes And Theories Of The Field Of Medical Research1563 Words   |  7 Pagesresearch, which was how the field of computer science is invaluable to the field of medical research. The result of this came from analyzing three research papers that focused on the past and recent use of computer science within the conjunction of the life science field. It showed that with new technology rapidly growing, computer science has not only become extremely important to the medical science field, it has become an extremely vital part of the life science field. Now that we have accomplishedRead MoreTheoretical And Conceptual Of Computer Science1528 Words   |  7 PagesKnowledge in Computer Science Computer Science is not just the study of computer software and computational problems. It comprises the investigation of imitation and natural manifestations. The fundamental studies in this field are: computer system, artificial intelligence, data base system, programming languages, networks, software engineering, human computer interaction, graphs, and bioinformatics and computing theories. Even though, computer programming is a principal part of computer science, it isRead MoreComputer Ethics Awareness Among University Students Essay895 Words   |  4 PagesIntroduction 1.1 Background Computers are the core technology of our times and apparently, the most important technology to be invented and used by man . Without computers and computer networks, especially, the Internet, activities of most organizations, such as banks, schools, government agencies would simply grind to a halt. Modern societys dependence on the use of information technology, make it more vulnerable to computer malfunction caused by unreliable software and to computer misuse (Forrester andRead More Women and Technolgy - The Gender Gap in Computer Science Essay1719 Words   |  7 PagesGender Gap in Computer Science Abstract: This paper reviews the gender gap that exists in computer science. By analyzing the probable causes of the divide, solutions may be developed and possibilities of minimizing the gap increase. Although the general public’s efforts toward shrinking the divide subsist, modern society must change its views of women before the technological world can fully appreciate women’s talents. A gender gap undeniably exists in the field of computer science. Hundreds

Biometrics Term Paper Free Essays

Biometrics Meredith Thomas Strayer University 1 Biometrics, according to Foster, â€Å"is the science of using technology to automatically identify an individual based on physical, biological, and behavioral characteristics. † There are two classification systems in biometrics and they are: physiological and behavioral. Physiological characteristics pertain to fingerprints, facial recognition, DNA, hand geometry, the shape of your body, iris recognition, etc. We will write a custom essay sample on Biometrics Term Paper or any similar topic only for you Order Now Behavioral characteristics pertain to voice recognition, handwriting, the way that you walk, etc. There are also two categories for the use of this biometric information and they are: access control, and remote identification. Access control pertains to the prevention of others from gaining access to information. Remote identification helps to identify a person through fingerprints or hand geometry. According to globalsecurity. org (2000-2010) they have given biometric technologies the following characteristics: Universality: Every person should have the characteristic. People who are mute or without fingerprints will need to be accommodated in some way. Uniqueness: Generally, no two people have identical characteristics. However, identical twins are hard to distinguish. Permanence: The characteristics should not vary with time. A person’s face, for example, may change with age. Collectability: The characteristics must be easily collectible and measurable. Performance: The method must deliver accurate results under varied environmental circumstances. Acceptability: The general public must accept the sample collection routines. Nonintrusive methods are more acceptable. Circumvention: The technology should be difficult to deceive. Now let’s get more into biometrics! Fingerprinting is one of the most popular physiological characteristics in biometrics. No two people on this earth have the exact same fingerprint, which helps in distinguishing where a person has been, and what they have touched. Once a criminals fingerprints have been recorded in IAFIS (the Integrated Automated Fingerprint Identification System), then they a re permanently recorded and easily traced. Another physiological characteristic is facial recognition, which is newer to the scene than fingerprints. While it may be one of the easiest to use, the environment in which it is used definitely controls it. A mug-shot is the ideal way to capture facial recognition, because it is a controlled environment. One of my favorite physiological characteristics is the use of the iris for identification. According to globalsecurity. org (2000-2010), â€Å"The technology is based upon the fact that no two iris patterns are alike (the probability is higher than that of fingerprints). The iris is a protected organ which makes the identification possibilities lifelong. Criminals may be able to duplicate fingerprints, but not irises. Some behavioral characteristics associated with biometrics are, handwriting and voice recognition. Every person has their own unique handwriting, it is measured by the rhythm, pressure, and flow that one applies to the paper while writing. Voice verification is tough to analyze, because a person’s voice changes if they have a cold, or if they are over-excited, an xious, nervous, afraid. Background noise is also a factor. All of the above mentioned characteristics can be used in access control and remote identification. Iris identification is used more and more often for security purposes in passports, hospitals, high profile building access, etc. 3 There are new and emerging technologies in the biometrics field such as: vein scan, facial thermography, DNA matching, blood pulse, skin elements, nailbed identification, gait recognition, and ear shape. Vein scan is a non intrusive scan of the veins on the back of one’s hands hand, they are very unique patterns that are formed before birth, and only change in size throughout one’s lifetime. Facial thermography is very similar to facial recognition, except an infrared camera is used. Skin elements are an interesting biometric technology because just like fingerprints or irises everyone’s skin makeup is different. Gait recognition is one technology that I would have never thought of, but it makes a lot of sense. According to globalsecurity. org, â€Å"A person’s musculature essentially limits the variation of motion, and measuring requires no contact with the person. One disadvantage to gait recognition could be loose fitting clothing, the body is hidden and you don’t have much to compare. Everyday new and different technologies are emerging in the biometrics field. I can’t wait to see what happens in the next ten years, and what I will have to look forward to working with in the future. 4 Foster, Raymond E. (2005). Police Technology. Pearson Prentice Hall. Upper Saddle River, New Jersey. http://www. globalsecurity. org/security/systems/biomet rics. htm Site monitored by John Pike. How to cite Biometrics Term Paper, Essays

Management of Change Business Ideas

Question: Discuss about theManagement of Change for Business Ideas. Answer: Introduction: Change management is one of the integral factors for developing new business ideas. Over the past few decades, the change management has facilitated organizations in enhancing their business opportunities in an efficient manner. However, there are both beneficial and negative impacts of the implementation of the change management in the business. Cummings Worley (2014) have argued that the organizational change is needed for obtaining new and fresh ideas into the business process management. Sometimes, the workforce of the organizations resists the change. There is a relation between the power and resistance in context to the organizational change. For obtaining an effective change management program, most of the organizations implement the strategic approaches into the business. Hayes (2014) has identified the fact that the change is resisted in the organization, as the change might not provide the equal progress in the business. Hence, there must be a risk factor for implementing organizational change. On the other hand, the workforces of the organizations often resist the change due to the lack of knowledge about the new process. In this context, the particular essay highlights why the change management is demonized as a problem in the business. Moreover, the easy discusses ethical implementations for conducting the change management into the business. With the involvement of the detailed discussion, the particular essay draws benefits and challenges of the change management. Discussion: Over the past few decades, the change management has been portrayed as a problematic situation in the business. Rice (2013) has discussed that the change management is one of the major parts of bringing the new ideas into the business. Most of the organizations focus on the change management for competing with the rivals in the large marketplace. Most of the business analysts have argued with the fact that the change management often demonized as a problematic situation in the business. By involving a certain change into the business, the management would not be able to experience the equal progress. Most of the organizations emphasize on a particular culture that facilitates them in bringing profitable outcome out of the business. Hence, the change of the culture might create the challenges for the organization to retain the growth of the business at the same rate. Besides this, there are some other factors affecting the change management. Goetsch Davis (2014) have argued that the change is never free, and the organizations have to spend adequate financial and physical resources for implementing change into the business. Moreover, the organizations must spend on the intangible cost such as morale and consumer satisfaction during the adjustment period. Sometimes, the management of the organization fails to determine the fact whether the cost of change is overweighed by the beneficial aspects brought by the changes. Hence, this particular factor often demonizes the change management as a problematic situation in the business. According to the article by Cameron Green (2015), there are two prime reasons creating unwillingness to the workforce for bringing changes into the business. These reasons include the lack of knowledge about the new process and the certain fear of the unknown system. Due to the lack of knowledge, most of the employees frig htens about the work execution in the business. As discussed by Frankland et al. (2013), organizations need to provide the enhanced training session to the employees for understanding the new changes in the business. Without providing adequate information about the new process, the organizations would not be able to obtain the production rate in an efficient manner. For bringing the change management, organizations often fail to choose the right solution for the business. Due to the involvement of the wrong solution, organizations often face challenges in retaining the business growth in an effective manner. Although the change management has been demonized as the problematic situation, the management of the organization needs to manage this particular problem in an appropriate manner. Without bringing changes into the business, the organization would not be able to identify the effective way for enhancing the trade opportunities. Consequently, it facilitates the companies in competing with its rival in the domestic and international market. On the other hand, it contributes to developing the new skills or products that would be responsible for providing high benefits to the company. According to Burke (2013), the organization needs to provide a session to the employees highlighting the fact that the change management could facilitate individuals to realize their personal skills. On the other hand, the new process would demand enhanced working skill from the employees. Consequently, it facilitates the employees to develop the personal skills in an effective manner. Kondalkar (2013) have argued that the organizations should not bring frequent changes into the process, as it would create challenges for the management and employee to adopt the particular changes in an appropriate manner. On the other hand, the workforce may improve its workability by avoiding the frequent changes in the business. It not only provides the adequate opportunities to the employees to adopt the entire changes but also contributes to enhancing the business opportunities in an effective way. By executing the open communication, the management can focus on providing information to the employees about the future benefits of the new process. According to Alexander (2013), the adoption of innovations indicates the alternative human behavior along with the acceptance of change. However, there are natural resistances for changing the existing process in the business. Most of the time, people resist the change when the particular transformation threatens in modifying establishe d patterns of work. Hence, the organizations need to provide the adequate information to the employees to implement the process in an effective manner. Moreover, the future benefits of the organizational change must be discussed with the employees and other staffs in the business so that they could understand the entire process. Jeston Nelis (2014) have argued that the organization needs to consider the factors affecting the adoption of innovation in the business. These factors include characteristics of the change and the distinctiveness of the organization. The management needs to follow the ethical implications for bringing the organizational change into the business. The managerial positions are required to follow the code of conducts to execute the organizational change in an effective manner. Anderson (2013) have argued that the code for managers include the honesty, accountability, integrity, respect and the flexibility. Sometimes, the managers do not follow the basic code of conducts in upholding the organizational change. On the other hand, the resistance of the change should also follow the ethics in the business. For instance, the workers of the organization need to understand the beneficial aspects of the change management before going against it. Without understanding the adequate outcomes of the implemented change in the business, the employee would not be able to adopt the particular process. Creasey et al. (2016) have argued that the managerial positions often fail to uphold the ethics while implementing the change managem ent in the business. For example, most of the managerial positions are not able to deliver in-depth knowledge about the new process to the existing employees. Hence, it creates the confusion among the employees of the organization. Jeston Nelis (2014) have identified that the confusion could create huge challenges in obtaining the profitable outcome from the implemented organizational change. Sometimes, the management does not provide the training session to the employees due to the high cost. Consequently, it is responsible for lack of knowledge of the employees about the newly implemented changes in the business. For achieving the effective change management program, the managerial department must follow three stages of implementing the changes. First, the managerial posts should communicate the rationale behind the requirement of a change in the organization. Without communicating the rationale for changes, the management would not be able to make resisting force understand the importance of the process. Consequently, the process would not be accepted in the business. Second, the management must implement the change process into different phases. Without broken down the changes into different phases, the management would not be able to understand the progress of the implemented process. Cummings Worley (2014) have argued that the organization often put all changes together in the business and fail to obtain the adequate benefits out of it. Collaboration is the key factors for the change management. For achieving the objectives of the change management, the managerial posts should continue t he process after conducting the proper planning. Third, the management must prepare the review to report on the change. By discussing the ethical approach to the management, it can be assessed that they must implement the monitoring system into the business for the evaluating the outcome of the change in an efficient manner. On the other hand, there is a relationship between the power and the resistance in the context of organizational change. The leaders cannot always make the workforce feel comfortable with the change. However, they can minimize the discomfort in an effective manner. Hayes (2014) has discussed the fact that the management must consider the Kotters 8-step change model prior to the implementation of the change into the business. these steps include creating urgency, development of powerful coalition, creating a vision to change, communicate the vision, diminish the obstacle, creating short time wins, blind on change and anchoring the changes in Corporate Culture. By following this particular model, the management would be able to implement the organizational change in a systematic process. By discussing the resistance to the change management, it can be identified that the organizations often fail to evaluate the impact of the process on business. The organization could obtain different symptoms of resisting the particular change in the business. First, the management could understand the resisting force against the change through analyzing the productivity (Goetsch Davis, 2014). If the organizations select the wrong solution, it may experience the low production rate in the business. In most cases, the employees do not obtain the adequate knowledge on the changed process. Consequently, they are unable to understand the demand of the process. It creates challenges for the organization in retaining the production level high. On the other hand, most of the organizations implement changes in the business due to achieve some objectives and goals. Hence, the management needs to identify whether the newly implemented changes could facilitate them in achieving the goals and objective of the business or not. For identifying the progress of the change management, the organization needs to implement a monitoring process into the business. According to Cameron Green (2015), the resistance can be understood in many ways. By executing open communication with the employees and other staffs, the management could easily understand the power of the resisting force against the organizational change. Frankland et al. (2013) have identified that the forced changes often creates challenges for the management to experience the desired outcome out of the business. On the contrary, forced changes indicate adjacent to the ethics of the business. By discussing the ethical approaches of the business, it can be identified that the managerial positions should not implement any major changes into the workflow process without taking any suggestions or feedbacks from the existing workforce. Hence, the particular discussion highlights the importance of ethical approaches of ma nagerial position in the business. Moreover, the particular discussion identifies the process for understanding the resisting force against the organizational change. Conclusion: It can be concluded that the organizational change has both positive and negative impacts on the business. In this particular essay, the importance of the change management has been discussed in a detailed manner. Moreover, the essay has focused on identifying the fact why change management often considers as a problem in the business. Over the past few decades, many organizations have experienced the profitable outcome by implementing the organizational change. Hence, the essay highlights the importance to manage this particular issue out of the business. On the other hand, different ethical implications of the change management have been sketched through this assignment. Hence, it can be assessed that the organizational change is responsible for evolving new ideas in the business, which could facilitate in enhancing the profit margin within the short timeline. References: Alexander, K. (2013).Facilities management: theory and practice. Routledge. Anderson, D.L., 2013.Organization development: The process of leading organizational change. Sage Publications. Burke, W. W. (2013).Organization change: Theory and practice. Sage Publications. Cameron, E., Green, M. (2015).Making sense of change management: a complete guide to the models, tools and techniques of organizational change. Kogan Page Publishers. Creasey, T., Jamieson, D. W., Rothwell, W. J., Severini, G. (2016). Exploring the relationship between organization development and change management.Practicing Organization Development: Leading Transformation and Change, Fourth Edition, 330-337. Cummings, T. G., Worley, C. G. (2014).Organization development and change. Cengage learning. Frankland, R., Mitchell, C. M., Ferguson, J. D., Sziklai, A. T., Verma, A. K., Popowski, J. E., Sturgeon, D. H. (2013).U.S. Patent No. 8,484,111. Washington, DC: U.S. Patent and Trademark Office. Goetsch, D. L., Davis, S. B. (2014).Quality management for organizational excellence. pearson. Hayes, J. (2014).The theory and practice of change management. Palgrave Macmillan. Jeston, J., Nelis, J. (2014).Business process management. Routledge. Kondalkar, V. G. (2013).Organization effectiveness and change management. PHI Learning Pvt. Ltd.. Rice, A. L. (2013).The enterprise and its environment: A system theory of management organization(Vol. 10). Routledge.

Kevin Michael free essay sample

New Wave Soul Artist Kevin Michael You cant pin this guy down with one lable. Kevin Michael mixes funk, soul, hip-hop, r, and everything else to make his own sound. Not only is he an amazing singer, hes got a background and he uses that in his music. He sings about- among many things- multi-racial couples. This is pulled from his real life, his mother being bi-racial and his father being black. He is definitely pulling away from mainstream thought about music. Kevin Michael mixes all different sounds and sings about more than just cash and cars and girls, all of which we hear too much about on the radio today. When he is in concert, he has a DJ and a guitar player/beat boxer who does his background beats. He doesnt stand at the microphone and sing the songs hes sung a million and two times before, he dances around the stage and lives the music like he digs it as much as he did the first time it was put together. We will write a custom essay sample on Kevin Michael or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page That being said, he is still an artist on the rise. He is original and has so much vocal talent, but he isnt recognized by a large portion of regular people yet. I was truly crestfallen seeing him in concert with The Hives and Maroon 5, not getting received well by the audience. He is getting there, though, and I am sure it is only a matter of time until Kev Michael will be all youll hear on the radio. :VV:

Another Turn of the Crank essays

Another Turn of the Crank essays 0Wendell Berrys Another Turn of the Crank is about sustainability of the environment. He believes that you must first start at a local level then sustainability can be accomplished at a global level. This is the same idea that was expressed at the start of this course, think globally, act locally, which means the consequences of our actions effect the world. As I address the some of the chapters in the book I will associate how Berrys ideas link into the material discussed in this class. Farming and the Global Economy is the first chapter of the book. He starts with the history of farmers during WWII. The farmers were quickly becoming a minority because the nation was not supportive of its farmers. They wanted to mass produce and buy cheap industrial goods. Farmers cant buy cheap machines, fertilizers, chemicals, and produce crops cheaply without losing any money. Wendell recommends two efforts to help the survival of the farmer. The first is up to the farmers, which they need to minimize their dependence on industrial supplies. Farmers need to replace purchased goods and services with natural health and diversity and with their own intelligence (5, Wendell). The second concern is for cooperation between the farmers and the local community. The community needs to see that a sustainable local food economy is appealing. The human population cannot live on imported food. Someone has to grow it, why not let the people in our own community do it. The topic of the farmers has to do with decentralization. We talked about this in class time and time again. We need to let the local communities take control. We need more self reliance in our own communities, and not in the big corporations. This is one of the main steps to attaining a sustainable environment. The next chapter, Conserving Communities, opens with surprising numbers. Times magazine reporte ...

Constance Weavers 12 Principles for Teaching Grammar

Constance Weaver's 12 Principles for Teaching Grammar For many years, when middle and high school English teachers would ask me to recommend a good book for teaching grammar, Id direct them to Constance Weavers Teaching Grammar in Context (Heinemann, 1996). Based on sound research and extensive road testing, Weavers book views grammar as a positive activity for making meaning, not just an exercise in tracking down ​errors or labeling parts of speech. But Ive stopped recommending Teaching Grammar in Context, though its still in print. Now I encourage teachers to pick up a copy of Weavers more recent book, Grammar to Enrich and Enhance Writing (Heinemann, 2008). Assisted by her colleague Jonathan Bush, Dr. Weaver does more than simply rework the concepts introduced in her earlier study. She delivers on her promise to offer a text thats more comprehensive, more reader-friendly, and more concretely focused on teachers practical needs. The fastest way to help you decide whether youd get along with Dr. Weaver, theoretically speaking, is to reprint her 12 principles for teaching grammar to enrich and enhance writingprinciples that underlie all the varied activities in her book. Teaching grammar divorced from writing doesnt strengthen writing and therefore wastes time.Few grammatical terms are actually needed to discuss writing.Sophisticated grammar is fostered in literacy-rich and language-rich environments.Grammar instruction for writing should build upon students developmental readiness.Grammar options are best expanded through reading and in conjunction with writing.Grammar conventions taught in isolation seldom transfer to writing.Marking corrections on students papers does little good.Grammar conventions are applied most readily when taught in conjunction with editing.Instruction in conventional editing is important for all students but must honor their home language or dialect.Progress may involve new kinds of errors as students try to apply new writing skills.Grammar instruction should be included during various phases of writing.More research is needed on effective ways of teaching grammar to strengthen writing. To learn more about Constance Weavers Grammar to Enrich and Enhance Writing (and to read a sample chapter), visit the Heinemann website.

Human Behavior in Organizations Assignment Example | Topics and Well Written Essays - 2000 words

Human Behavior in Organizations - Assignment Example at leadership based theories became well-known around 1950s and during the same period leadership interaction, implication and classification was done. It was also determined that so far significant research has been pursued for establishing relationship between leadership and performance (Allio, 2012). The paper is a critical assessment of leadership as a concept and its classifications. Moving on, the role of various kind of leadership has been elaborately discussed in the paper with respect to organizational behavior. Similarities and dissimilarities between various leadership styles have also been discussed followed by an overview of charismatic leadership, its features and implications in organizational framework. Leadership, especially charismatic leadership was considered appropriate for this paper because the study will help in developing a clear understanding of roles and characteristics of leaders played within an organizational framework. It has already been highlighted that the concept of leadership is highly subjective and as a result, several definitions has been developed thereof. Leadership has been defined as the technique of influencing other individuals for developing agreement and understanding regarding things that are to be done and the process of achieving these objectives in a collaborative manner. Other definition suggests that leadership is to influence an individual or a group to achieve common goals by means of shared objectives. Based on these definitions, several components of the phenomenon of leadership can be recognized, such as, it is a process, it involves influencing individuals logically and it provide shared goals and objectives to them (Allio, 2012). Regarding leadership and leader, different authors have presented a variety of views some of which are also conflictive in nature. For instance, a group of researchers argued that leadership qualities are acquired by leaders since birth while other group of researchers argued

Reflection Essay Example | Topics and Well Written Essays - 1750 words

Reflection - Essay Example It is a cause of worry since organizations must have continuity in good leadership to be able to maintain its productivity. An organization is safer when it adopts risk prevention measures, and equips current and future leaders with skills necessary to cope with any organizational changes. There are both formal and informal leaders. They all influence an organization towards achieving its goals effectively. Organizational success goes beyond an individual leaders will to achieve and the organizations chain of command. Most importantly, it is how all leaders relate together towards achievement of set goals. This is termed as collective leadership as William (2011) observes. In addition, James and Barry (2001) suggest that several things should be considered. They include: the number of leaders needed currently and expected in the future by an organization. This enables an organization base its leadership strategies on the expected turnover of employees in the organization. Leadership culture entails how leadership is practiced for example employee relations, discharge of duties and working together for a common purpose. The culture ensures that all factors affecting growth and performance of the enterprise are pooled together towards the same set targets. Demand and supply forecasting is crucial in ensuring the number of leaders employed is specific to the present and future expected needs Another factor to consider is the quality of leaders desired. Every organization must aim at employing high quality leaders for a competitive organization. Phillip (2010) sees a leader as a person who owns and takes responsibility for every action an organization takes and feels any loss incurred as his own. For organizational success, there must be leaders who are goal oriented and put all their effort and hard work to ensuring achievement of goals and

Family and Consumer Behavior Essay Example for Free

Family and Consumer Behavior Essay Therefore, not only do we have to study and do research about individual consumers but we also have to consider groups of people such as families and the influence of their members on others within the group. â€Å"Today in the United States, 68 percent of the 111. million household are families. According to many sources, the family remains the central or dominant institution in providing for the welfare of its members and is the major household consumer and consuming unit† (Schiffman and Kanuk 2007, 347). This means the family is a notable consuming unit if not the most important one. â€Å"Although families sometimes are referred to as households, not all households are families. For example, a household might include individuals who are not related by blood, marriage, or adoption, such as unmarried couples, family friends, roommates or boarders. However, within the context of consumer behavior households and families usually are treated as synonymous, and we will continue this convention† (Schiffman and Kanuk 2007, 347). Consequently, groups of people who interact to accomplish either individual or mutual goals may be considered as a unique consuming unit even if they are not related by blood, marriage or adoption. Thus, The research process would be the same. Families can be divided in three main types: the married couples, the nuclear family and the extended family.

World Populations And Development :: essays research papers

World Populations and Development 1.) The Neolithic and Industrial Revolutions The two changes in the use of the earth's resources that had the greatest effect on the world population were the neolithic and the industrial revolutions. The neolithic revolution (a.k.a. agricultural revolution) was a change in the way of life of our ancestors. It took place about 8000 years ago among various tribes in Asia and the Middle East. It included a transition from foraging and hunting to the domestication of animals (most probably starting with the dog) and to farming. Tribes settled in fertile areas and formed agricultural communities many of which grew into villages and cities. This relatively stable way of life and the more reliable food supply (and surplus) led to the development of new professions, to labor specialization and ultimately to the stratification of these societies. Improved conditions of life led to somewhat longer life spans. Nevertheless population growth remained low due to high infant mortality rates. The impact of the neolithic revolution was not as much on immediate population growth (even though it did have a long term impact on population growth) as on the material and spiritual development of the human race. It is widely regarded as the beginning of civilization. Industrial revolution was another process of change. It was the process of substituting muscle power with machine power. It took place in the 18th century in Europe and is still happening in many parts of the world. In many characteristics it has been similar to the neolithic revolution: it increased production, it led to the use of resources that had been mostly unused until then and it improved the overall quality of life. It also led to changes in the structure of society. What was different, was its impact on population growth. It was quick and easily noticeable. Advanced sanitation, hygiene and medicine led to longer life spans and declining death rates, with the birth rates remaining high. This resulted in a high rate of population growth that still continues in many countries. The information revolution is the process of change that began in the second half of the 20th century in the developed countries of the world. It is the process of substituting "brain power" with "machine power". It leads to increased production and has the potential to create a more even distribution of the world's population on the surface of the earth. It also has the potential to decrease the differences between the less developed and the highly developed nations of the world. Then again it also has the potential to increase those differences. It causes changes in the structure of society.

Chevy vs. Ford Essay

We have all heard the argument concerning vehicles and their brands, whether you are a Chevy, Ford, or even Dodge fan it really doesn’t matter. We all seem to stick to one side and if nothing else is ever said about either company, they both have very loyal customers and very similar beginnings. Not to mention that if it were not for the difference maybe more people would be willing to admit just how alike these two brands really are. Louis-Joseph Chevrolet was born Christmas Day in 1878, in a small village in Switzerland. During his childhood he spent his time in the villages of Bonfol and Beurnevà ©sin, which were close to the French border. Around 1887, Louis learned to repair and later race bicycles. Louis had gained a hunger in the knowledge for the repair of bicycles while working at a mechanics shop which fixed not just bicycles but carriages as well. There is where he would learn the basics of gears and mechanicals. He would also end up building and selling his own bicycle called the Frontenac. This name would be later used for his race cars. Louis became known for racing manufactured bicycles and was given a job in the mechanical shops of Mors and Darracq Company. Darracq built the â€Å"well-known† Gladiator bicycles, Louis was introduced to the Darracq internal combustion engine and this would consume his interest and where he would began studying the 4 cycle engine. Louis Chevrolet founded the brand in 1911 in Detroit Michigan, along with W.C. Durant. They both earned a reputation for developing cars with performance, durability, and value. Those characteristics are still a core part in the business today which is the fourth largest automotive brand. Chevy has made performance affordable. With its four and six cylinder engines they have become known for their strong performance and their durability. In the 1955 Chevy introduced a small-block V-8 which opened a new era in attainable high performance that would result in powering millions of cars and trucks for the next 50 years. With the traits of the small block Chevy  has helped establish their company as a force in almost all forms of motorsports. This legacy has been passed on to new generations, and it is very evident that they have stayed true to the original beliefs which are still noticeable with today’s Camaro SS and the Corvette. The Ford Motor Company has a similar past with the exception of their founder, Henry Ford. Henry was also a racecar driver in fact he not only drove racecars but also built them as well to demonstrate that his designs produced a reliable vehicle. Ford finally came to be in 1903, after two failure attempts before. In this case Henry Ford was on as vice president and chief engineer where he could realize his own dreams which was to produce an automobile that was reasonable priced and efficient. This came about with the introduction of the Model T in 1908. In 1913 Henry Ford was the first to introduce the continual moving assembly line, by have all the employees stay in one place and having their parts sent to them on conveyor belts with that, he single handedly revolutionized the automobile industry in 1913. By 1918 50% of all cars in the United States were Model Ts. With the growing economy the demand for the Model Ts were in such high demand that they had to open a larger factory in Highland Park, Michigan. Although he was a very clever businessman, Henry Ford was at time a complex and contradictory personality with strong held opinions and a very wide range of interest. Both founders were very dedicated and strong willed unfortunately with Chevrolet, he sold his shares to the Chevy companies cofounder, W. C. Durant. Henry Ford was a part of his company until his death in 1947. Both companies are still going strong today and are still a force in the automotive industry. Both are producing efficient and affordable vehicles and it really does come down to the individual’s choice as to whom you fall  in with. For the diehard racers Chevy offers the Camaro where Ford has the Mustang, both are beautifully made vehicles and are very similar not just in appearance but also in performance. Both offer the standard package that comes with any car, they both have similar gas mileage, engine size, and optional features. Both have even started producing more energy efficient type cars as well as electric and even hybrid vehicles. With both companies track record I am sure both will have their ups and downs but that doesn’t make one better than the other, in fact, it appears that both companies are dependable, affordable, and dedicated to their customers. However there is one difference that sticks out more than any other, Fords seems to have the edge on pricing and making sure their vehicles are affordable to any income bracket. While Chevy can be on the expensive side depending on make and model you are looking into to purchase. Both companies continually produce well built vehicles, their customer base is evident of that. It’s understandable for people to have their preferences but what does it really come down to? It comes down to which one offers everything each individual wants in a certain type of vehicle. You can see the similarities in almost every model each company has. Chevy has the Silverado; Ford has the F series in the truck models. Chevy has the Camaro and Corvette to where Ford has the Mustang, and both companies produce minivans as well as sedans. The argument between the two companies will continue to go on for years to come, but is there really any argument about the two companies other than if it weren’t for the difference in name there wouldn’t be an argument since both are still producing efficient and affordable vehicles along with exploring other options concerning energy sources, because of those decisions they are both still moving strong in today’s economy and both are still a force to be reckoned with in the automotive industry and will be for many years to come.

HR PRACTICE ON GRAMEEN BANK Essay

In any comprehensive work, like this, credit must go to the multitude of people. I am still students and just novice. Hence, I have taken help from different people for preparing my report. Now here is a petite effort to show my deep graduate to those helpful people. First, I commit my selves grateful to Allah for his unlimited kindness and maximum helpful hand in continuing my report preparation. I express my sincere gratitude to honorable supervisor, Ms. Monsura Zaman, †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Faculty of Business Administration, ASA University Bangladesh, for their guidance and valuable remark about the convention of the report. I have come to believe, deeply and firmly, that we can create a poverty free world if we want to. I came to this conclusion not as a product of a pious dream, but as a concrete result  of experience gained in the work of the Grameen Bank. It is not micro credit alone which will end poverty. Credit is one door through which people can escape from poverty. Many more doors and windows can be created to facilitate an easy exit. It involves conceptualizing about people differently; it involves designing a new institutional frame work consistent with this new conceptualization. Grameen bank has taught me two things first our knowledge base about people and their interactions is still very inadequate: second each individual person is very important. Each person has tremendous potential. She or he alone can influence the lives of others within the communities, nations, within and beyond her or his own time. Background of the Study Successful human resource management makes it possible for the organization to acquire the number and types of people necessary to ensure the continued operation of the organization by the†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. So it acts an important role in HR department. As a part of BBA program, my honorable supervisor, Ms. Monsura Zaman, †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.., assigned me to prepare a report on related topic on Human Resource Management course. I have selected our report topic as â€Å"HRM practice in microcredit Sector of Bangladesh (Grameen Bank).†. Executive Summary The importance of human resources management (HRM) practices to the success or failure of organizational development system performance has, until recently, been generally overlooked. In recent years it has been increasingly recognized that getting HR policy and management. In this paper, I take my theoretical point of departure in recent work in organizational economics on systems of human resource management (HRM) practices. Though this program good balance between theory and practice is gained. Furthermore this is Thesis assignment is a vital requirement for obtaining Masters of Business Administration (MBA) program. I worked Grameen Bank’, how they practice HRM on their microcredit sector. Microcredit is the extension of very small loans (microloans) to impoverished borrowers who  typically lack collateral, steady employment and a verifiable credit history. It is designed not only to support entrepreneurship and alleviate poverty, but also in many cases to empower women and uplift entire communities by extension. In many communities, women lack the highly stable employment histories that traditional lenders tend to require. Many are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million men and women held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 per cent. Report Overview Introduction Background of HRM: Human Resource Management is defined as the people who staff and manage organization. It comprises of the functions and principles that are applied to retaining, training, developing, and compensating the employees in organization. It is also applicable to business organizations, such as acting, news presenters and Models etc. Human Resource Management is defined as the set of activities, programs, and functions that are designed to maximize both organizational as well as employee effectiveness. Scope of HRM without a doubt is vast. All the activities of employee, from the time of his entry into an organization until he leaves, come under the horizon of HRM. The divisions included in HRM are Recruitment, Payroll, Performance Management, Training and Development, Retention, Employee Relation, etc. A human resources management (HRM) professional is responsible for successfully acquiring, developing, motivating, and retaining employees. That is, they are on the â€Å"people† side of business operations, and because people do the work of organizations, a company’s success rests heavily on the quality of its HRM. An HRM professional is a full business partner who adds value to business decisions and aligns HR practices with those decisions. The work calls on you to know about compensation and benefits, labor relations laws, how to forecast working needs, organizational learning, and organizational change. Students’ specialty courses include â€Å"Competitive HRM Practices,† â€Å"Negotiations,† and â€Å"Cultural Aspects of  International Business.† They also select an honors seminar in â€Å"Management of Innovation.† In the classroom and on co-op, students gain the acting base of knowledge and the business expertise that’ s needed as an HRM professional. Human resource management is an effective tool for students interested in helping businesses succeed in a changeable personnel environment. This guide is based on Human Resource Management in a Business Context, and includes links to extra articles, notes, tips and exercises. It introduces you to the essential elements of HRM, its origins and applications. HRM is viewed as an all-embracing term describing a number of distinctive approaches to people management. They help you to understand and evaluate the different and sometimes ambiguous views of human resource management by investigating its origins, explanatory models, technology and practice. Human resource (or personnel) management has in the sense of getting things through people. It’s an essential part of every manager’s responsibilities, but many organizations find it advantageous to establish a specialist division to provide an expert service dedicated to ensuring that the huma n resource function is performed efficiently. â€Å"People are our most valuable asset† is a clichà © which no member of any senior management team would disagree with. Yet, the reality for many organizations is that their people remain under valued under trained under utilized poorly motivated, and consequently perform well below their true capability The rate of change facing organizations has never been greater and organizations must absorb and manage change at a much faster rate than in the past. In order to implement a successful business strategy to face this challenge, organizations, large or small, must ensure that they have the right people capable of delivering the strategy. The market place for talented, skilled people is competitive and expensive. Taking on new staff can be disruptive to existing employees. Also, it takes time to develop ‘cultural awareness’, product/ process/ organization knowledge and experience for new staff members. As organizations vary in size, aims, functions, complexity, construction, the physical nature of their product,  and appeal as employers, so do the contributions of human resource management. But, in most the ultimate aim of the function is to: â€Å"ensure that at all times the business is correctly staffed by the right number of people with the skills relevant to the bu siness needs†, that is, neither overstaffed nor understaffed in total or in respect of any one discipline or work grade. These issues motivate a well thought out human resource management strategy, with the precision and detail of say a marketing strategy. Failure in not having a carefully crafted human resources management strategy, can and probably will lead to failures in the business process itself. Origin of the Report: This report has been prepared as a requirement of the Thesis program based upon the Grameen Bank where my organization supervisor is Golam Morshed Mohammed (Senior Principal Officer, International Program Dept.), and my institution supervisor is Golam Mahbubul Alam,( Assistant Professor, Department of Business Administration, Stamford University). My institute supervisor duly approved the topic decided for doing the report. Since the MBA program is an integrated, practical and theoretical method of learning, the students of this program are required to have practical exposure in any kind of business organization in last term of this course. Scope and Objectives of the Study A clear objective helps in preparation of well decorated report in which other take the right type of decision. So I identify objective are very much important. Our purpose of preparing the report is: To know the human resource management (HRM) practice of Grameen Bank. To identify the various avenues for improving the HRM policies of Grameen Bank To know about the management ability of Grameen Bank. Suggesting strategies to improve the HRM policies of Grameen Bank. This study covers the HRM policies of Grameen Bank along with some recommendations to improve the HRM policies of Grameen Bank. Methodology A sample survey was conducted to collect primary data using two pre-designed survey instruments from concerned groups following an appropriate sample  design. In view of the complexities involved in generating quantitative data for assessing the real impact, qualitative data were also collected. In the context of the unique features of the area an attempt was made to identify the strengths, weaknesses, opportunities and threats of the private HRM sector. Data Collection: This study is mainly based on secondary data available from the various divisions and departments of Grameen Bank, in addition to these other necessary information have been collected from the relevant journals, annual reports of the Grameen bank, website and publications of other relevant institutions have also been taken into consideration. Primary sources of data: Face to face conversation with the Grameen Bank administrative dept. and International depts. Officers & staffs. Conversation with the clients. Different’ manuals of Grameen Bank. Secondary sources of data: Procedure manual published by the Grameen Bank. Files and documents of the branch. Annual report of Grameen Bank. Unpublished data. Different text books. Web sites. Unstructured data: This data was compiled using information from Grameen Bank branch and centre visits, informal discussions with branch managers, field staff and various management level officers conducted during field and head office visits. Limitations of the Study As a student of faculty of Business Administration, this is my first initiative for making a report on â€Å"HRM Practice in Microcredit sector of Bangladesh: A case study on Grameen Bank†. By meeting with officers, I was really unable to collect enough information from due to their official restrictions. While carry out the study I had to face a few limitations, which are mentioned below: The main constraint of the study is inadequate access to information. The employees did not disclose much information for the sake of the confidentiality of the organization. Since the bank and other companies personal were very busy, they could provide me very little time. The clients were too busy to provide me much time for interview. The time frame fixed to prepare the study report was hard to be met. As a result, sufficient concentration could be given on it, which was needed for a much better study. Chapter 2 An Overview on Microcredit in Bangladesh What is Microcredit? Much of the current interest in microcredit stems from the Microcredit Summit (2-4 February 1997), and the activities that went into organizing the event. The definition of microcredit that was adopted there was: Microcredit: programmers extend small loans to very poor people for self-employment projects that generate income, allowing them to care for themselves and their families. Definitions defer, of course, from country to country. Some of the defining criteria used include- size – loans are micro, or very small in size target users – microenterpreneurs and low-income households utilization – the use of funds – for income generation, and enterprise development, but also for community use (health/education) etc. terms and conditions – most terms and conditions for microcredit loans are flexible and easy to understand, and suited to the local conditions of the community. Three C’s of Credit Character: means how a person has handled past debt obligations: Form credit history and personal background, honesty and reliability of the borrower to pay credit debts are determined. Capacity: means how much debt a borrower can comfortably handle. Income streams are analyzed and any legal obligations looked into, which could interfere in repayment. Capital: means current available assets of the borrower, such as real estate, savings or investment that could be used to repay debt if income should be unavailable. Microcredit in Bangladesh Microcredit programs in Bangladesh is implemented by NGOs, Grameen Bank, state-owned commercial banks, private commercial banks, and specialized programs of some ministries of Bangladesh government. In the microfinance sector total loan outstanding is around TK 248 billion (including Grameen Bank TK 72 billion) and savings TK168 billion. The total clients of this sector is 35 million (including 8.4 million clients from Grameen Bank) that accelerates overall economic development process of the country. Credit services of this sector can be categorized into six broad groups: i) general microcredit for small-scale self employment based activities, ii) microenterprise loans, iii) loans for ultra poor, iv) agricultural loans, v) seasonal loans, and vi) loans for disaster management. Loan amounts up to BDT 50,000 are generally considered as microcredit; loans above this amount are considered as microenterprise loans. LICENSING STATUS OF THE NGO-MFIS IN BANGLADESH The Microcredit Regulatory Authority (MRA), established by the government in August 2006, received applications from 4241 private institutions (NGO-MFIs). But, around 1000 applications of them were found to be very small organizations that had fewer than 1000 borrowers or less than the USD 58,000 in outstanding loans that is generally considered as the minimum initial operating portfolio of a single branched MFI to be sustainable. However, till August 2012 the MRA had approved licenses in favor of 651 NGOs. There are another 210 applications are under process for a final decision although they are mostly small organizations but with some potentiality to become viable in course of time. As of August 2012, 3380 applications have been rejected. Recently MRA has invited new applications for obtaining license to conduct microcredit activities. STATE OF MICROCREDIT IN BANGLADESH In the backdrop of global ‘double-dip’ recession and over-indebtedness crisis in microcredit sector in several countries, Bangladesh’s microfinance sector shows strong resilience and continues to contribute towards enhancement of macroeconomic growth. Bangladesh microfinance sector is mature now and its assets constitute around 3 percent of GDP in 2011. Total outstanding loan of  this sector (only licensed MFIs) has increased by 20.0 percent from BDT 145.0 billion in June 2010 to BDT 173.8 billion in June, 2011 disbursed among 20.7 million poor people, helping them to be self-employed and accelerating overall economic development process of the country. The total savings has also increased by 23.25 percent to BDT 63.3 billion in June 2011 compared to previous year from 26.1 million clients, over 93 percent of them are women. Table 2 shows the market scenario of NGO-MFIs in Bangladesh. The top three MFIs contribute 54 percent of total loan outstanding as well as savings of the microfinance sector in Bangladesh. Two of the largest MFIs, viz., BRAC & ASA, are each serving over five million borrowers. There are a few more developing fast. On the other hand the smallest 428 NGO-MFIs have contributed only 4 percent of total loan outstanding and 5 percent of total savings. Institutional concentration ratio is highly skewed in favor of large MFIs: just 22 institutions are in control of 76 percent of the market share while three largest organizations have control of over 50 percent in terms of both clients and total financial portfolios. Table 3 depicts the scenario of micro enterprise loan, i.e., loans above BDT 50,000, of different NGO-MFIs in Bangladesh. It is observed that micro enterprise loan outstanding is BDT 40 billion which is around 24 percent of total loan outstanding in which the top ten NGO-MFIs contributed around 19 percent. It also shows that BDT 40 billion is disbursed to around 6 lakh borrowers which are only 3 percent of total borrowers. The table expresses that only the top NGO-MFIs are capable to run micro enterprise loan. Selected Indicators of NGO-MFIs in Bangladesh It is observed from table 4 that savings per member has been increasing over the years. In 2006 savings per member was Tk. 1,207 which stands at Tk.2495 in 2011 – an increase to more than double within the last five years. The loan outstanding per borrower also increased over the years and average growth rate of loan outstanding per borrower is around 17 percent in 2011 compared to the previous year. The loan outstanding per borrower has increased by more than 100 percent within the last five years. These two indicators, savings per member (average saving size) and outstanding loan per borrower (average loan size) increased over time perhaps due to the increase in the income level of the poor resulting in an increase in their need for higher amount of loans from the MFIs. The ratio between borrowers to clients (members) remained steady for the last few years, which is within 70 to 80 percent and the savings to outstanding loan ratio has also been stable from 2006 to 2011. Since the total number of branches of MFIs has increased at a much higher rate in 2011 compared to the previous year, the number of members and borrowers per branch has decreased. Substantial rate of increase in the sizes of loans per borrower and savings per member has resulted in a rise in the total loan outstanding and savings in the sector. Consequently outstanding loan and saving per branch has also increased. The loan outstanding amount per branch which was TK 8.42 million in 2010 has increased by 14.4 percent in 2011.

Free Essays on Environment

Empty Aerosol Cans The amount of waste buildup will threaten human survival on Earth if its people do not begin to properly manage their waste. Recycling common used items, such as aerosol containers, facilitates a proper waste management system, reduces solid waste buildup, and most importantly, it protects nonrenewable resources used by the steel industry from depletion. Around the world, the households and industries of today use aerosol containers. People rely on aerosols for paint, deodorizers and cleaners, hairspray, adhesives, and even bug repellent. They are used on a daily basis because aerosol cans offer the most precise and efficient delivery of product to hard to reach places. The United Kingdom currently recycles just 7.5% of the 600 million aerosol cans that it produces each year. Clearly, people lack awareness of the ability of recycling centers to accommodate aerosol containers. However, the growing public concern over the disposal of solid waste has sparked the promotion of communities to collect empty aerosol containers. The aerosol and steel industry have teamed up to make recycling aerosol containers both efficient and accessible for the consumer and producers of aerosol products. Thousands of communities now include aerosols in both household and curbside buy-back and drop-off programs. Before the recycling process can begin, the aerosol container must be fully emptied. Otherwise, the propellant could cause dangerous effects when the container is compacted. The consumer will normally empty the container through regular use, as indicated by the aerosol’s instructions. The aerosol industry finely measures the product and propellant so that the consumer exhausts them equally with proper use. If a new can cannot be emptied due to a malfunction, the consumer should return it to its place of purchase. A consumer may also elect to bring a broken or stored aerosol container that can no longer be ... Free Essays on Environment Free Essays on Environment Empty Aerosol Cans The amount of waste buildup will threaten human survival on Earth if its people do not begin to properly manage their waste. Recycling common used items, such as aerosol containers, facilitates a proper waste management system, reduces solid waste buildup, and most importantly, it protects nonrenewable resources used by the steel industry from depletion. Around the world, the households and industries of today use aerosol containers. People rely on aerosols for paint, deodorizers and cleaners, hairspray, adhesives, and even bug repellent. They are used on a daily basis because aerosol cans offer the most precise and efficient delivery of product to hard to reach places. The United Kingdom currently recycles just 7.5% of the 600 million aerosol cans that it produces each year. Clearly, people lack awareness of the ability of recycling centers to accommodate aerosol containers. However, the growing public concern over the disposal of solid waste has sparked the promotion of communities to collect empty aerosol containers. The aerosol and steel industry have teamed up to make recycling aerosol containers both efficient and accessible for the consumer and producers of aerosol products. Thousands of communities now include aerosols in both household and curbside buy-back and drop-off programs. Before the recycling process can begin, the aerosol container must be fully emptied. Otherwise, the propellant could cause dangerous effects when the container is compacted. The consumer will normally empty the container through regular use, as indicated by the aerosol’s instructions. The aerosol industry finely measures the product and propellant so that the consumer exhausts them equally with proper use. If a new can cannot be emptied due to a malfunction, the consumer should return it to its place of purchase. A consumer may also elect to bring a broken or stored aerosol container that can no longer be ...

Accounts Sba Essay Example for Free

Accounts Sba Essay ? The aim of my project is for me to arrive at a comprehensive understanding of the financial sector of the business world. To draw up the financial records for the year 2009 for Jen’s Supermarket and to comment on the entity’s performance using appropriate tools of Analysis Description and Overview Jen’s Supermarket is a developed and simulated entity owned by Jenevonne Kirton, who is the sole proprietor. Jen’s Supermarket is a developed supermarket which sells a variety of food items and miscellaneous goods, serving most of the island in its convenient location. The supermarket employ fifteen staff along with Ms. The capital at beginning was 202800 while at end it was 208165 which showed an increase by 5365 at the end of the month. Suggestions/Recommendations Current Ratio It is recommended that Jen’s Supermarket 1. Uses the excess money to expand the business by opening another supermarket. 2. Introduce new product to the business and purchase new equipment. Gross Profit It is suggested that Jen’s Supermarket should 1. Source cheaper suppliers to facilitate the demand of goods so profitability would be greater at the end of the month. 2. Offer new promotions every week and offer the customers raffles at a chance to win prizes at the end of the year. These are given to help Jen’s Supermarket increase gross profit and sales. Conclusion It is clear that Jen’s Supermarket keeps adequate records for the business to demonstrate the profitability over the financial period for the month. It could however, increase the current ratio and gross profit by incorporating the suggestions/recommendations outlined. Nevertheless Jen’s Supermarket made a good net profit for the month of December in 2009. Overall based on the performance of the business Jen’s Supermarket was able to make a profit of 6365 despite the low sales of 104 850. Accounts Sba. (2018, Nov 13).

Comparetive Advertising Essay Example | Topics and Well Written Essays - 1000 words

Comparetive Advertising - Essay Example In a direct comparative advertising, a product or the particular features of a product are specifically compared with same features of a specified competitor. In the second classification, an advertisement describes only one product or the features of that one product and favorably compares it with all other competing products in an indirect and general way (Comparative Advertising 3). Comparative The utilization of comparative advertising in the United States mounted with the Federal Trade Commission's contention that "direct comparative ads, which provide information on named competitors, result in more informed decision making (Pechmann & Esteban 1)." There had been a widespread debate whether this type of advertising must be permitted. After it had been approved in the US, there is an ensuing controversy of its effectiveness. Though many American companies use comparative advertising in their operations, its efficiency as a marketing tool to create demand is still in question. Others claim that instead of boosting revenue, comparative advertising fail to reach the target audience with the intended message. This situation dampens the efficiency of marketing campaign but also misleads buyers. The effectiveness of comparative advertising is linked with various factors notably cultural and degree of comparison. ... This paper aims to assess the efficiency of comparative advertising in the US market. It also aims to expose the significant factors which should be considered before coming up with an effective comparative advertising campaign. In order to develop the idea further, two different advertisements, Miller and Urine-Gone which are examples of comparative advertising will be utilized. It should be noted while Miller employs a direct advertising campaign, Urine-Gone uses lesser degree by using an indirect approach. The commercial of Miller shows a consumer which made a decision of choosing the Miller product after being presented with other competitors' brands inside the refrigerator. The main rationale of using comparative advertisement rests on the premise that this marketing tool significantly affects the behavior of customers as well as the image of the business. This claim was supported by the study conducted by Bennett which revealed that projected brand quality in comparative ads is directly correlated with improvement in buyer behavior (Bennett 93). Urine-gone was able to achieve this result as it became quite successful in gaining customers' preference towards the products by using a comparison on the features of its product to the ones made by its competitors. On the other hand, it was found out that the higher intensity of comparison in advertising decreases its efficacy. The research conducted by Barrio-Garcia which analyzed how buyers respond to comparative advertising and confirmed that the greater the degree of comparison results in lower consumer perception and increases counter-arguments among customers on the true value of the product. Thus, analyzing the ad

Current Events in Public Health Leadership and the Fiedler Contingency Assignment - 1

Current Events in Public Health Leadership and the Fiedler Contingency Theory - Assignment Example In adults, pertussis is starting as a cough but is ending up as a persistent cough (CDPH, 2014). The response of the department exemplifies the tenets of Fielder’s contingency theory. The director of the California Department of Public Health (CPDH) has acted by mobilizing his subordinates to launch a statewide campaign against the epidemic. The harmony with which the response has taken off demonstrates the good relationship that exists between the leader and his juniors. For example, some juniors have gone to local health departments and they are coordinating vaccination activities with physicians. They are providing a link between the physician in the grassroots with CDPH so that to ensure that there are enough supplies of the vaccines. Just as in Fielder’s theory, Dr Ron Chapman, the director of CDPH, comes across as a leader who can exercise control. He has been quoted assertively clarifying the rumours that the epidemic has killed people already (Kapur & Smith, 2011). An important observation that is in line with Fielder’s contingency theory is that Dr Chapman is using a task-motivated interaction with his subordinates. This is seen in the way the director has emphasized the nature of the epidemic and how fast it is spreading rather than his relationship with his subordinates. Based on his perception of the high volatility of the epidemic, Dr Chapman has taken a multisectoral approach to curbing the effects of the disease. Schools are one of the sectors that he has deployed some subordinates to sensitize teachers and students about pertussis and the available resources such as vaccine stations. He has directed others to work with media outlets in order to disseminate accurate information about the progress of the epidemic and about the actions that are being taken to curb its spread (Clements, 2009). The emphasis that Dr Chapman has demonstrated on the task of curbing pertussis shows that he has a low score on the least preferred co-worker.     

Free Speech on the Internet Essay Example | Topics and Well Written Essays - 500 words

Free Speech on the Internet - Essay Example These varying ideas and opinions provide the uninformed with a wide range of possibilities and sufficient grounds to make their own judgement. Hence freedom of speech, in this context, must remain untied with restrictions and laws. The criticism against freedom of speech is the fact that people may use this right in order to defame other people, develop controversies, provide an easy platform to make sex talks and the like common and negatively change people’s arguments. The criticisers believe that restrictions must be imposed in order to protect people’s privacy and reputation from the abusers of this freedom. The justification to their criticism is the increasing debates over political, social and religious issues. The increasing conflicts and worsening law and order situation provide them with the chance to stand against such freedom. In my opinion, all these arguments are, to a great extent, baseless. Milton describes in Areopagitica two kinds of people: the prudent ones and others who are imprudent. Prudent class of people are able to distinguish between good and bad, reasonable and unreasonable; imprudent, on the other hand, are unaffected by any judgements. In other words, we may say that prudent class has the power to analyze, asses and judge every event, claim or argument; whereas, imprudent do not have their own opinion and they lack the power of expressing and judging. Hence, imprudent remain unaffected by the opinions and expressions of others and prudent accept the claims only if they have any instance of truth in them. Moreover, it is also a noticeable fact, that any restrictions on freedom of speech may keep people from exposing the truth which is against society, political system or well-known personalities. In conclusion, we may say that freedom of speech is a right of people and must not be violated by unnecessary laws and regulations either in real life or on internet. Freedom

Effect of Business and Management on SACCOs

Effect of Business and Management on SACCOs The background gives a brief history of the savings and credit cooperative societies, highlights its importance to the society and touches on the problems that have influenced its performance of its roles and finally on the possible solutions or causes of actions. This preambles the statement of the problem, the purpose, significance, scope and limitations of the study together with the research questions. 1.2 BACKGROUND OF THE STUDY One of the basic principles of Cooperative Savings and Credit Movement is the belief in co-operation and mutual self help for the uplifting of members standards of living. Kussco(2006). Members with a common bond join hands to form those quasi-banks institutions. With finances mobilized through such joint efforts the savings and credit society members build up the capital which they can use through local arrangements to finance their own social as well as economic development. The traditional form of cooperation involved working together on farms, hunting and gathering. All people have basic needs of food, shelter, security and belonging. People would invite neighbors to come and give a hand. Also people did not have money and resources, which enables individuals to employ people or machinery to do the work for them. In any community cooperation usually exists in the form of associations of people who come together as a group driven by their social and economic needs in order to cope with their problems and improve their conditions of living MOCD (2006) According to Odepo and Nyawinda (2004) , savings and credit cooperatives societies (commonly referred to as SACCOs), accept monthly payments for shares from which, members may borrow an amount equivalent to two or three times their own savings if they can get other members to guarantee them. They say that growth in SACCOs in the last twenty years has been spectacular. According to statistics from Kenya Union Of Savings and Credit Cooperative societies   (KUSCCO), the number of SACCOs rose from 630 in 1978 to 3,870 by the end of October 2002 while savings and share capital rose from Kshs. 375 million   in 1978 to Kshs. 80billion by 2003. Credit outreach similarly recorded significantly, having risen from 357 million in 1978 to kshs. 70 billion by 2003. Saccos active members numbered over 1.5 million by 2002 having risen from 378,500 members in 1978. Their rapid growth indicate that they have filled a need which had not been made by the financial institutions. Of the Kshs. 110 bill ion in the current share capital and deposits held by cooperatives, the statistics show that Kshs. 90 billion has been lent out to customers. However, the recent statistics from the ministry of cooperative development and marketing shows the position as below The internal management principles need to be enforced strongly to improve efficiency of collections, and even perhaps consider insuring the loans in case of demise of member loaned. The Sacco movement has the capacity to propel the economic lives of the citizens if indeed it is well managed. Its principles of democratic management, voluntary membership and common bond give it the base to take its members to new heights. The movement has been a boon for this country and many people would not be where they are now were it not for the harvests of the opportunities sowed in the garden of the movement. It mobilizes savings and finance and penetrates to areas not valued by other financial institutions, while serving special needs of members. The prospects for the industry are so huge. By identifying the fact that the easiest source of funding is the locally mobilized savings, the saccos should come up with innovative ideas to encourage the members of the common bond to save, as a first step. Other sources of funds like the cooperative bank, which all the saccos have a stake in, should be considered exhaustively. Besides they should think outside the box and get organi zations willing to empower members economically by allowing loans at a rate less than what saccos offer to its members. The saccos umbrella body- Kussco- has a fund to assist the member saccos when they are in need of the funds   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   ( www.kusco.com) Saccos face numerous challenges that hinder the exploitation of their full potential. Mudibo(2005) raised concerns on the calibre of leaders who run saccos noting that since these are voluntary organizations, members can elect anybody they like, who may not necessarily have the skills to run a sacco. He suggested that before a member is elected, he should have certain number of shares so that he has something to loose if he mismanages the sacco. Non remittance and delayed remittance of cooperative dues by employers has led to inconveniences and loss of income by the societies. New rules have however provided stiff penalties for errant employers. Members are also at risk due to HIV/AIDS and ways to attract new members are required. Ngumo (2005), in his article the cooperative movement in Kenya; the eagle that wont fly Nairobi, Kenya institute of management raises several unsettled issues affecting the saccos. First the government should decide on whether to control or facilitate the cooperatives. Cooperative roles should be re-emphasized. One member one vote should be questioned. Instead he suggests the policy of one share one vote. Still, ownership and control should be de-linked for good corporate governance. Then business strategies need further scrutiny before implementation. He concludes that it will be sad for Kenyans to compose a eulogy for the movement after all this time. He said; We cannot milk a cow, refuse to feed it, cry that it was wonderful cow and blame God for its demise. According to National Micro and Small Enterprise (MSE) Baseline Survey (1999/2000), Kenya has a relatively well developed banking and formal financial sector. This consists of the Central Bank, 43 commercial banks, 16 non-bank financial institutions, 2 mortgage finance companies, 4 building societies , 8 developed financial institutions about 3870 cooperative savings and credit societies, 38 insurance companies, the Nairobi stock exchange and venture capital companies. The survey further indicates that nearly 89.6% of MSEs had never received credit and other financial services. Table 1.2 Sources of credit   to MSEs in Kenya 2000 Source: National MSE Baseline survey 1999/2000 (CBS, K-rep and ICEG) The unserved credit needs portrayed by the statistics in the table 1.2 in the background section above signifies a wealth of opportunities untapped by all the financial institutions. The proof of the existence of market implies that a lot needs to be done to raise what it takes to serve a market. The most basic need is the finance to lend in a discipline way. Voluntary savings from members is therefore imperative. Saccos abilities to improve their members wealth is determined by a number of factors, among them is the funding levels due to members marginal propensity to save, contributions; remittance by the employers, legal and regulatory framework, internal management principles and practices (e.g customer service, marketing, dividend / interest payment etc) amongst other factors. These factors level of influence on saccos ability to perform captured the attention of the researcher. It was the intention of the researcher to examine them and possibly recommend on the best way to miti gate the underlying challenges and take advantage of the available opportunities by exploiting existing strengths. Voluntary deposits / savings as a source of commercial finance for micro credit institution have generated a lot of interest and debate in recent years. Locally mobilized voluntary savings is potentially the largest and the most immediately available source of finance for some micro credit institutions, most of all the saccos. Bearing this in mind, one is left to wonder what is hindering the saccos from prosperity, given the access to its resources and the wealth of its opportunities. The purpose of this research is to broaden the discussion of what, when, why and how a sacco should use its resources, get the right framework, apply effective policies for improvement of the wealth of its members. Getting these elements right is a crucial part of meeting the demand for the unmet credit needs. The researcher will also seek to bridge the gap that exist between Saccos that have exemplary performance in their services to members and excellent returns and some others which barely afford to offer loans, leave alone dividends. According to Armstrong, performance is often defined in output terms the achievement of quantified objectives. But performance is a matter not only of what people achieve but how they achieve it. High performance result from appropriate behaviour, especially discretionary behaviour, and the effective use of the required knowledge, skills and competencies. 1.3 STATEMENT OF THE PROBLEM Quite a number of Saccos e.g TENA sacco, have a long string of pending loan applications from members SACCO star ( 2006) . Some saccos pay out little or no dividends/ interests on members savings. Some others still have a low loan multiplier and / or limited concurrent loans compared to some well performing counterparts e.g Stima Sacco, Sacco star,(2006)- which has even started ATM services for FOSA customers and manages to advance more that three times the members deposits, can give up to four concurrent loans without closing any applications for the year and gives loans almost immediately it is applied for by the member , (mwaura (2004). Among the major problems hindering this is the unavailability of much needed cash to lend, when it is required. This therefore causes a mismatch in the availability of funds and the demand for loans. Other reasons could be poor investment decisions or lack of investment opportunities or delayed cash flow from employers/ members among others. Rutherford (1999) wrote that funding these large sums of money is the main management problem. The only reliable and sustainable way is to build them from savings. Saving- making a choice not to consume- is thus the fundamental and unavoidable first step in money management, without which financial services cannot operate. The poor themselves recognize the need to build savings into lump sums and contrary to the popular belief, the poor want to save and try to save, and all poor people except those who are entirely outside the cash economy can save something, no matter how small, When poor people do not save, it is for luck of opportunity rather for lack of understanding or of will. Most of the saccos have succeeded in mobilization of savings from members. Inspite of this, still they have a huge backlog in terms of loans advanced to members (Sacco star, 2005). Furthermore, most of the saccos pay little dividends/interests on deposits or none at all, in-spite of trading with the deposits/savings. It was therefore the intention of the researcher to seek to establish the determinants of saccos capabilities to improve its members well being. 1.4 OBJECTIVES OF THE STUDY Main Objective The main purpose of this study was to investigate and refine our understanding of the major factors that determine the performance of saccos to enable them maximize their members wealth. Specific objective Specifically, the study sought: To find out the extend to which the nature of business/ check off system affects performance of SACCOs To establish the relationship between management practices and performance of SACCOs To examine the level of education and training of general members, committee members staff and their effects on performance of SACCOs To determine if long term investment affects performance of SACCOs 1.5 RESEARCH QUESTIONS To what extent does the nature of business/ check off system affect performance of SACCOs? Do management practices affect performance of SACCOs? Is education and training of general members, committee members staff a factor that affects the performance of SACCOs? Does long term investment affect the performance of SACCOs? 1.6 SIGNIFICANCE OF THE STUDY This study is aimed at developing an understanding on major factors determining the accessibility to funds to process and dispense all loan requisitions in time by saccos in Kenya. It is seeking to examine and underscore the salient principles that have a bearing in the success in similar or related areas of focus, and hence suggest ways and means of overcoming failure. The study is aimed at benefiting, among others, the management teams. These are the people entrusted by the members to take care of their interests in saccos. They will study to understand and improve on policy setting and implementation for overall sustainability of the sector. The entire sacco membership will also get enlightened. The members of the common bond will appreciate their role in sustaining their welfare through sacco as a vehicle. They will be more willing to take a center role instead of quiting when they feel their interests are not being taken care of by the people they entrusted them with. It will also benefit the sacco staff/secretariate; these are the people who get their daily bread from the sacco. They will understand their role in the growth of the organization, hence acting to secure their source of livelihood. It will also be of good use to the government department in charge of cooperatives. The report will bring to light issues requiring framework and only them can attend to for the overall sustainability of the sacco industry. Finally other researchers in this area will find this useful. They will get recommendations for further research from this study. The beneficiaries will have access to the information on the findings from the compiled report. The final report will be available in selected major libraries, organized groups, especially the respondents will get a copy of the report on the findings. 1.7 SCOPE OF THE STUDY This studys scope was the saccos based in Eldoret. The researcher selected a suitable sample from the population by purposive convenience sampling. According to the statistics from MOCD/M, there are about 10 such saccos within Eldoret town. About 40 % of the population (4 saccos) were covered by the study. The study targeted the members of the central management committee (CMC) in the selected SACCOs. CHAPTER TWO 2.0 LITERATURE REVIEW 2.1 Introduction to literature review This section contains literature that has been reviewed and continues to be reviewed relating to the problem. Literature review involves locating, reading and evaluating reports of previous studies, observations and opinions relating to the planned study. It therefore enables the researcher to know what has been done in the particular field of study, makes one aware of what has been made and what challenges remain, and gives suggestions on the variables and procedures that could be used. Literature review logically leads to objectives on the study. 2.2 Past studies in the area 2.2.1 Background information According to Mwaura (2005) sessional paper No. 4 of 1987 on renewed growth through the cooperative movement highlighted the significance of the movement in national development. By this time there were 3500 registered cooperatives with more than 2million members and an annual turnover greater than 6billion. The paper noted that one in every two Kenyans derived its livelihood from the cooperative either directly or indirectly. The cooperative movement in Kenya is reputed to be the most advanced in the African continent. The Kenya Nordic agreement of 1967led to the establishment of the Cooperative college of Kenya at Langata, which is the main training ground for both ministry staff and the movement employees. According to MOCD (2002) the first Savings and credit Cooperatives in Kenya were started in the sixties. The Government annual economic survey shows that as at December 2002 there were more than 2,400 active SACCOS with membership in excess of 1.5 million people. Share capital stood at Kshs. 65 billion while outstanding loans were Kshs. 59 billion.. The structure of the cooperative movement in Kenya comprises of four tiers. These include the primary societies, secondary cooperatives, tertiary cooperatives and nationwide cooperatives. The Kenya Federal of Cooperatives (KNFC) is the only apex society in the movement. It was formed with an objective of promoting, developing, guiding, assisting and upholding ideas of the cooperative principles. KNFC is the link between cooperatives in Kenya and the international cooperative alliance. Of special mention here is the African Confederation of Cooperative Savings and Credit Associations (ACCOSCA), which is registered under the Societies Act, Chapter 108 of the laws of Kenya. Its area of operation is Africa and the adjacent islands. Its head-quarters is in Nairobi. It has twenty five affiliated organizations. It is affiliated to the International Cooperative Alliance through its members in the world council of Credit Unions (WOCCU). According to the cooperative Societies Act (Cap 490), persons desirous of forming a cooperative society must fill the prescribed form from the commissioner for cooperatives. It requires that at least ten members will sign the form, though for savings and credit the commissioner has been asked for more people. The form requires that the society makes its by-laws. For ease of convenience the commissioner has prepared model by-laws for the cooperative societies. The societies are nevertheless free to change these or come up with their own by-laws. The by-laws must detail the following; the name of the society, objects of the society, purposes to which its funds may be applied, disposal of surplus funds, qualifications for membership and terms and conditions of admission of members. For savings and credit cooperatives, the following are also includes, the rate of interest, the maximum amount loan-able, extension, renewal and recovery of loans and the consequences of default in the repayment of any sums due. On receipt of the application form the office of the commissioner will register the cooperative society on the advice of the cooperative officer in charge of the area of operation. Chapter 490 provides that no companies registered under the companys Act or any un-incorporated body of persons shall become a member of a registered society except with the written permission of the commissioner. It also provides that no person can join more than one cooperative society with unlimited liability. A member may nevertheless be allowed to join two or more cooperatives with limited liability if the two are in different areas of operation. A cooperative society just like a company, may be registered with or without limited liability. The commissioner has power to refuse to register a cooperative society. Nevertheless, the refusal must be given to the applicants in writing. Applicants can appeal to the minister for cooperative developments and finally to the high court. The commissioner may register the cooperative either provisionally or fully. A provision registration is given where some requirements for registration have not been met. The applicants are given a period o f one year to satisfy all conditions. A provisionally registered cooperative society may act as a fully registered in all ways. Upon registration such a cooperative society is deemed to have been registered on the date of the provisional registration. Upon registration a society becomes a body of corporate. According to Ouma(1980), the term cooperative in its widest sense simply means working together. In this context cooperation is as old as mankind and exists wherever the human family is found. Indeed such cooperation exists among animals, insects, bees and ants. Thus cooperation generally means working together for a common purpose. Thus group effort through traditional form of cooperation may be traced in all communities of the world. However its narrow sense as a movement, it means an association of people whose purpose for group work yields good results not only for the members but to the community in general and even to the humanity at large. Cooperative is a business organization by profit, but rather the result of mutual association whose objective is equitable economic betterment of man and the society in which he lives. According to the MOCD, cooperatives are regulated by a set of principals. These principles were formulated by a group of people who lived in a village in England known as Rochdale, and they are therefore referred to as Rochdale pioneers. They formed the first successful cooperative society   in 1884. This society which was a consumer cooperative society was formed in 1844 when Britain was undergoing industrial revolution. As a result of the revolution, a lot of people lost their jobs in the factories as machines were introduced to replace them. In addition to this there was general lack of credit and supply of essential commodities like salt, sugar, flour and cooking fat. Businessmen also took advantage of this situation and started offering impure products at high prices. It is against this background that Rochdale Pioneers decided to draw up some sort of principles which would guide their operation as cooperative society.   These principles were intended for the regulation of cooperative society as indicated by the great stress on the sale of pure products and the sale of goods for cash only. It was therefore found necessary to formulate the principles for adoption by other types of cooperatives. The International Cooperative Alliance (ICA) Commission of 1966 adopted the following principles which are genuine for the running of a genuine cooperative society:- Open and voluntary membership, democratic administration (one man, one vote), limited interest on share capital, payments of dividends and bonuses to members, promotion of education and cooperation with other cooperatives at local national and international levels. According to Ouma (1980), the traditional cooperatives have been in existence in Kenya, as it has been elsewhere, from time immemorial. Examples of such cooperative practices are to be found in Kenya. The group association is normally based on lineage according to the natural geographic environment in which the members of the group are born. This is usually based on clan or people who live within the same village. It can be stated with fair amount of certainty that the   traditional forms of cooperation do generally speaking, form the basis for the establishment of modern cooperative organizations. There is for instance in Luo, Saga whereby a group of people do ploughing, weeding or harvest for each member of the group in turn. In Kwath, members of the group look after their cattle together for three or more days consecutively, in turn. In Kikuyu there is what is called ngwatio (Mwethya in Kamba) whereby members of the group get together to build houses for themselves, each member of the group breinging what is required for the construction e.g. grass and poles. When the first house is completed then the members start on the next one. In Kisii, there is what is called obituary wherby men go on a job hunting exercise, and when they kill an animal, they will either divide it or take it home (village) where it mis cooked and eaten communally by all the villagers. Among the Kalenjin there is the practice of Kokwet wherby a group of people   would go out to harvest or weed the garden of their members in turn. The Kalenjin also have Loget whereby the men   go in a joint   effort to kill animals for food. According to Ouma(1980), practically all the ethnic groups in this country, whether small or big, has since time immemorial practiced mutual association in order to satisfy their needs socially, economically or otherwise. It is also necessary to point out that in the traditional forms of cooperatives, in contrast to the modern cooperatives, members had a great sense of commitment and belonging.. They had mutual trust and   were voluntarily involved in their activities and affairs.. It is of course not possible and it may not be expected that with the development of cosmopolitan populations consisting of different ethnic groups and tribes that members can still hold   together without some form of regulations. Hence the necessity to resort to legal reinforcement and education in order to develop efficient cooperative organizations. Although these associations of group effort could be deemed self help which is infect a for of cooperative , it is nevertheless true to say that the modern cooperative movement, born in Kenya during the beginning of twentieth century owed much of the cooperative idea to these earlier practices. It is also true that the modern cooperative associations in this country took a different approach and   mainly because of expediency. Its founders the British settlers- merely wanted to use it as a cheap means of business for easy profit making. They never spontaneously involved the indigenous people who already were familiar with cooperative effort. The early settlers were beset by very many problems as regards their agricultural activities. For instance prices for Agricultural products were very low, transport of the agricultural inputs and outputs to the markets by each individual settler were classical nightmares. Therefore this new system of farming with its large scale production caused the needs for associations by the few European farmers who undoubtedly had conceived the cooperative idea from the British cooperative movement back home. It will of course be recalled that the formal and successful cooperative organisations started in Britain in 1844. In 1908, they resolved to join together at a place called Lumbwa and formed Lumbwa cooperative Society Ltd. Although not registered as such under any cooperative Societies Act, it is deemed to be one of the modern cooperatives in Kenya. The main objective was to purchase merchandise; i.e. fertilizers, chemical seeds, and other agricultural inputs through collective effort, and to market their produce collectively thus taking advantage of the economy of scale. It would appear quite clear at this point that cooperatives in Kenya did not start as a poor mans defensive weapon against the exploitation by the middlemen, as it had started in Europe and elsewhere. It was on the contrary an easier means to enable the white settlers to receive high returns from their agricultural produce. Thus it was rather an economic necessity for the well to do and not the ordinary man with little or no means at all. It will be remembered that during this time, there was no cooperative societies ordinance to regulate and to assist the management of these cooperative efforts in Kenya. It is also not clear whether or   not Lumbwa Cooperative society ltd was registered even under the companies Act, otherwise calling it a co-operative society was misleading. However one thing remains certain, and that is that the settlers wanted to maximize their profits by trading under the pretext of a co-operative organisation, thereby enjoying its privileges. According to Ouma (1980) many self help groups, most of which were very small and un-economic, were started all over the country. But these were not economically viable and consequently had to be amalgamated into larger economic units. These were for instance Kenya farmers association (co-operatives), Kenya planters co-operative union, Kenya cooperative creameries and Horticultural cooperative union. It is a fact that these institutions formed the backbone and the base for formal cooperative movement in this country. These initial cooperative ventures in Kenya were unfortunately not quite in the spirit of the Rochdale Pioneer Cooperative Society. They never for example, observed the principle of membership, for no African could participate in it until later. The need to form formal cooperative organisations arose when some African peasant farmers realized that they were being exploited, especially by the Asian traders who were paying very low prices for their agricultural produce. As early as in the 1930s there were attempts to form cooperatives by the indigenous people of Kenya, in spite of lack of proper guidance. Of these early attempts two examples can be mentioned here, The Taita vegetable company and the Kisii coffee Growers cooperative. The farmers had 239 members and bought 3 lorries at the cost of $1170 out of the profits made from the operations. The group was producing, grading, transporting and selling on the mombasa market over 900,000Lbs of vegetables a year and the growers received over $4,500 out of a gross selling price of $ 6300. This was indeed too substantial an enterprise to be left without a legal basis. It was later registered as cooperative society. The Kisii coffee growers Association which was able to raise from the sale of its coffee a sum of $2470 of which   $1240 was paid out to the 251 members who had cultivated only 159 acres, but had already accumulated a surplus of $1065. In 1994, the British Colonial Office in London appointed Mr. W.K.H Campbell to come to investigate the possibilities of African participation in the cooperative organisations. He carried out his investigations by touring and visiting many towns and districts in the republic of Kenya and talking to the people. After all his investigations Mr. Campbell submitted his recommendations that subject to availability of capable staff attempts to organise cooperatives were worth while. It was also during this time that the first African Mr. Eliud Mathu was nominated to the legislative assembly, as the Kenya parliament was called then. He demanded in parliament and such people as Ex chief Koinange from outside, that the Government should come out openly to encourage African participation in the cooperative movement. It was as a result of Campbells recommendation that the cooperative societies (Registration) Amendment, Ordinance of 1932 was repealed and the cooperative societies Ordinance of 1945 was enacted under Cap. 287. It was as a result of this new ordinance that the department of cooperatives was created, although it was placed under different ministries at various times. Consequent to the establishment of the department, a registrar ( now called commissioner for cooperative Development) was appointed and together with his staff was responsible for registration and promotion of cooperative societies in the country. The 1945 cooperative societies ordinance further gave the registrar certain powers over cooperative societies, for example refusal to register a cooperative society, cancellation of certificate of registration, to audit societys books of accounts, authority to inspect books of society, authority to settle disputes in cooperat Effect of Business and Management on SACCOs Effect of Business and Management on SACCOs The background gives a brief history of the savings and credit cooperative societies, highlights its importance to the society and touches on the problems that have influenced its performance of its roles and finally on the possible solutions or causes of actions. This preambles the statement of the problem, the purpose, significance, scope and limitations of the study together with the research questions. 1.2 BACKGROUND OF THE STUDY One of the basic principles of Cooperative Savings and Credit Movement is the belief in co-operation and mutual self help for the uplifting of members standards of living. Kussco(2006). Members with a common bond join hands to form those quasi-banks institutions. With finances mobilized through such joint efforts the savings and credit society members build up the capital which they can use through local arrangements to finance their own social as well as economic development. The traditional form of cooperation involved working together on farms, hunting and gathering. All people have basic needs of food, shelter, security and belonging. People would invite neighbors to come and give a hand. Also people did not have money and resources, which enables individuals to employ people or machinery to do the work for them. In any community cooperation usually exists in the form of associations of people who come together as a group driven by their social and economic needs in order to cope with their problems and improve their conditions of living MOCD (2006) According to Odepo and Nyawinda (2004) , savings and credit cooperatives societies (commonly referred to as SACCOs), accept monthly payments for shares from which, members may borrow an amount equivalent to two or three times their own savings if they can get other members to guarantee them. They say that growth in SACCOs in the last twenty years has been spectacular. According to statistics from Kenya Union Of Savings and Credit Cooperative societies   (KUSCCO), the number of SACCOs rose from 630 in 1978 to 3,870 by the end of October 2002 while savings and share capital rose from Kshs. 375 million   in 1978 to Kshs. 80billion by 2003. Credit outreach similarly recorded significantly, having risen from 357 million in 1978 to kshs. 70 billion by 2003. Saccos active members numbered over 1.5 million by 2002 having risen from 378,500 members in 1978. Their rapid growth indicate that they have filled a need which had not been made by the financial institutions. Of the Kshs. 110 bill ion in the current share capital and deposits held by cooperatives, the statistics show that Kshs. 90 billion has been lent out to customers. However, the recent statistics from the ministry of cooperative development and marketing shows the position as below The internal management principles need to be enforced strongly to improve efficiency of collections, and even perhaps consider insuring the loans in case of demise of member loaned. The Sacco movement has the capacity to propel the economic lives of the citizens if indeed it is well managed. Its principles of democratic management, voluntary membership and common bond give it the base to take its members to new heights. The movement has been a boon for this country and many people would not be where they are now were it not for the harvests of the opportunities sowed in the garden of the movement. It mobilizes savings and finance and penetrates to areas not valued by other financial institutions, while serving special needs of members. The prospects for the industry are so huge. By identifying the fact that the easiest source of funding is the locally mobilized savings, the saccos should come up with innovative ideas to encourage the members of the common bond to save, as a first step. Other sources of funds like the cooperative bank, which all the saccos have a stake in, should be considered exhaustively. Besides they should think outside the box and get organi zations willing to empower members economically by allowing loans at a rate less than what saccos offer to its members. The saccos umbrella body- Kussco- has a fund to assist the member saccos when they are in need of the funds   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   ( www.kusco.com) Saccos face numerous challenges that hinder the exploitation of their full potential. Mudibo(2005) raised concerns on the calibre of leaders who run saccos noting that since these are voluntary organizations, members can elect anybody they like, who may not necessarily have the skills to run a sacco. He suggested that before a member is elected, he should have certain number of shares so that he has something to loose if he mismanages the sacco. Non remittance and delayed remittance of cooperative dues by employers has led to inconveniences and loss of income by the societies. New rules have however provided stiff penalties for errant employers. Members are also at risk due to HIV/AIDS and ways to attract new members are required. Ngumo (2005), in his article the cooperative movement in Kenya; the eagle that wont fly Nairobi, Kenya institute of management raises several unsettled issues affecting the saccos. First the government should decide on whether to control or facilitate the cooperatives. Cooperative roles should be re-emphasized. One member one vote should be questioned. Instead he suggests the policy of one share one vote. Still, ownership and control should be de-linked for good corporate governance. Then business strategies need further scrutiny before implementation. He concludes that it will be sad for Kenyans to compose a eulogy for the movement after all this time. He said; We cannot milk a cow, refuse to feed it, cry that it was wonderful cow and blame God for its demise. According to National Micro and Small Enterprise (MSE) Baseline Survey (1999/2000), Kenya has a relatively well developed banking and formal financial sector. This consists of the Central Bank, 43 commercial banks, 16 non-bank financial institutions, 2 mortgage finance companies, 4 building societies , 8 developed financial institutions about 3870 cooperative savings and credit societies, 38 insurance companies, the Nairobi stock exchange and venture capital companies. The survey further indicates that nearly 89.6% of MSEs had never received credit and other financial services. Table 1.2 Sources of credit   to MSEs in Kenya 2000 Source: National MSE Baseline survey 1999/2000 (CBS, K-rep and ICEG) The unserved credit needs portrayed by the statistics in the table 1.2 in the background section above signifies a wealth of opportunities untapped by all the financial institutions. The proof of the existence of market implies that a lot needs to be done to raise what it takes to serve a market. The most basic need is the finance to lend in a discipline way. Voluntary savings from members is therefore imperative. Saccos abilities to improve their members wealth is determined by a number of factors, among them is the funding levels due to members marginal propensity to save, contributions; remittance by the employers, legal and regulatory framework, internal management principles and practices (e.g customer service, marketing, dividend / interest payment etc) amongst other factors. These factors level of influence on saccos ability to perform captured the attention of the researcher. It was the intention of the researcher to examine them and possibly recommend on the best way to miti gate the underlying challenges and take advantage of the available opportunities by exploiting existing strengths. Voluntary deposits / savings as a source of commercial finance for micro credit institution have generated a lot of interest and debate in recent years. Locally mobilized voluntary savings is potentially the largest and the most immediately available source of finance for some micro credit institutions, most of all the saccos. Bearing this in mind, one is left to wonder what is hindering the saccos from prosperity, given the access to its resources and the wealth of its opportunities. The purpose of this research is to broaden the discussion of what, when, why and how a sacco should use its resources, get the right framework, apply effective policies for improvement of the wealth of its members. Getting these elements right is a crucial part of meeting the demand for the unmet credit needs. The researcher will also seek to bridge the gap that exist between Saccos that have exemplary performance in their services to members and excellent returns and some others which barely afford to offer loans, leave alone dividends. According to Armstrong, performance is often defined in output terms the achievement of quantified objectives. But performance is a matter not only of what people achieve but how they achieve it. High performance result from appropriate behaviour, especially discretionary behaviour, and the effective use of the required knowledge, skills and competencies. 1.3 STATEMENT OF THE PROBLEM Quite a number of Saccos e.g TENA sacco, have a long string of pending loan applications from members SACCO star ( 2006) . Some saccos pay out little or no dividends/ interests on members savings. Some others still have a low loan multiplier and / or limited concurrent loans compared to some well performing counterparts e.g Stima Sacco, Sacco star,(2006)- which has even started ATM services for FOSA customers and manages to advance more that three times the members deposits, can give up to four concurrent loans without closing any applications for the year and gives loans almost immediately it is applied for by the member , (mwaura (2004). Among the major problems hindering this is the unavailability of much needed cash to lend, when it is required. This therefore causes a mismatch in the availability of funds and the demand for loans. Other reasons could be poor investment decisions or lack of investment opportunities or delayed cash flow from employers/ members among others. Rutherford (1999) wrote that funding these large sums of money is the main management problem. The only reliable and sustainable way is to build them from savings. Saving- making a choice not to consume- is thus the fundamental and unavoidable first step in money management, without which financial services cannot operate. The poor themselves recognize the need to build savings into lump sums and contrary to the popular belief, the poor want to save and try to save, and all poor people except those who are entirely outside the cash economy can save something, no matter how small, When poor people do not save, it is for luck of opportunity rather for lack of understanding or of will. Most of the saccos have succeeded in mobilization of savings from members. Inspite of this, still they have a huge backlog in terms of loans advanced to members (Sacco star, 2005). Furthermore, most of the saccos pay little dividends/interests on deposits or none at all, in-spite of trading with the deposits/savings. It was therefore the intention of the researcher to seek to establish the determinants of saccos capabilities to improve its members well being. 1.4 OBJECTIVES OF THE STUDY Main Objective The main purpose of this study was to investigate and refine our understanding of the major factors that determine the performance of saccos to enable them maximize their members wealth. Specific objective Specifically, the study sought: To find out the extend to which the nature of business/ check off system affects performance of SACCOs To establish the relationship between management practices and performance of SACCOs To examine the level of education and training of general members, committee members staff and their effects on performance of SACCOs To determine if long term investment affects performance of SACCOs 1.5 RESEARCH QUESTIONS To what extent does the nature of business/ check off system affect performance of SACCOs? Do management practices affect performance of SACCOs? Is education and training of general members, committee members staff a factor that affects the performance of SACCOs? Does long term investment affect the performance of SACCOs? 1.6 SIGNIFICANCE OF THE STUDY This study is aimed at developing an understanding on major factors determining the accessibility to funds to process and dispense all loan requisitions in time by saccos in Kenya. It is seeking to examine and underscore the salient principles that have a bearing in the success in similar or related areas of focus, and hence suggest ways and means of overcoming failure. The study is aimed at benefiting, among others, the management teams. These are the people entrusted by the members to take care of their interests in saccos. They will study to understand and improve on policy setting and implementation for overall sustainability of the sector. The entire sacco membership will also get enlightened. The members of the common bond will appreciate their role in sustaining their welfare through sacco as a vehicle. They will be more willing to take a center role instead of quiting when they feel their interests are not being taken care of by the people they entrusted them with. It will also benefit the sacco staff/secretariate; these are the people who get their daily bread from the sacco. They will understand their role in the growth of the organization, hence acting to secure their source of livelihood. It will also be of good use to the government department in charge of cooperatives. The report will bring to light issues requiring framework and only them can attend to for the overall sustainability of the sacco industry. Finally other researchers in this area will find this useful. They will get recommendations for further research from this study. The beneficiaries will have access to the information on the findings from the compiled report. The final report will be available in selected major libraries, organized groups, especially the respondents will get a copy of the report on the findings. 1.7 SCOPE OF THE STUDY This studys scope was the saccos based in Eldoret. The researcher selected a suitable sample from the population by purposive convenience sampling. According to the statistics from MOCD/M, there are about 10 such saccos within Eldoret town. About 40 % of the population (4 saccos) were covered by the study. The study targeted the members of the central management committee (CMC) in the selected SACCOs. CHAPTER TWO 2.0 LITERATURE REVIEW 2.1 Introduction to literature review This section contains literature that has been reviewed and continues to be reviewed relating to the problem. Literature review involves locating, reading and evaluating reports of previous studies, observations and opinions relating to the planned study. It therefore enables the researcher to know what has been done in the particular field of study, makes one aware of what has been made and what challenges remain, and gives suggestions on the variables and procedures that could be used. Literature review logically leads to objectives on the study. 2.2 Past studies in the area 2.2.1 Background information According to Mwaura (2005) sessional paper No. 4 of 1987 on renewed growth through the cooperative movement highlighted the significance of the movement in national development. By this time there were 3500 registered cooperatives with more than 2million members and an annual turnover greater than 6billion. The paper noted that one in every two Kenyans derived its livelihood from the cooperative either directly or indirectly. The cooperative movement in Kenya is reputed to be the most advanced in the African continent. The Kenya Nordic agreement of 1967led to the establishment of the Cooperative college of Kenya at Langata, which is the main training ground for both ministry staff and the movement employees. According to MOCD (2002) the first Savings and credit Cooperatives in Kenya were started in the sixties. The Government annual economic survey shows that as at December 2002 there were more than 2,400 active SACCOS with membership in excess of 1.5 million people. Share capital stood at Kshs. 65 billion while outstanding loans were Kshs. 59 billion.. The structure of the cooperative movement in Kenya comprises of four tiers. These include the primary societies, secondary cooperatives, tertiary cooperatives and nationwide cooperatives. The Kenya Federal of Cooperatives (KNFC) is the only apex society in the movement. It was formed with an objective of promoting, developing, guiding, assisting and upholding ideas of the cooperative principles. KNFC is the link between cooperatives in Kenya and the international cooperative alliance. Of special mention here is the African Confederation of Cooperative Savings and Credit Associations (ACCOSCA), which is registered under the Societies Act, Chapter 108 of the laws of Kenya. Its area of operation is Africa and the adjacent islands. Its head-quarters is in Nairobi. It has twenty five affiliated organizations. It is affiliated to the International Cooperative Alliance through its members in the world council of Credit Unions (WOCCU). According to the cooperative Societies Act (Cap 490), persons desirous of forming a cooperative society must fill the prescribed form from the commissioner for cooperatives. It requires that at least ten members will sign the form, though for savings and credit the commissioner has been asked for more people. The form requires that the society makes its by-laws. For ease of convenience the commissioner has prepared model by-laws for the cooperative societies. The societies are nevertheless free to change these or come up with their own by-laws. The by-laws must detail the following; the name of the society, objects of the society, purposes to which its funds may be applied, disposal of surplus funds, qualifications for membership and terms and conditions of admission of members. For savings and credit cooperatives, the following are also includes, the rate of interest, the maximum amount loan-able, extension, renewal and recovery of loans and the consequences of default in the repayment of any sums due. On receipt of the application form the office of the commissioner will register the cooperative society on the advice of the cooperative officer in charge of the area of operation. Chapter 490 provides that no companies registered under the companys Act or any un-incorporated body of persons shall become a member of a registered society except with the written permission of the commissioner. It also provides that no person can join more than one cooperative society with unlimited liability. A member may nevertheless be allowed to join two or more cooperatives with limited liability if the two are in different areas of operation. A cooperative society just like a company, may be registered with or without limited liability. The commissioner has power to refuse to register a cooperative society. Nevertheless, the refusal must be given to the applicants in writing. Applicants can appeal to the minister for cooperative developments and finally to the high court. The commissioner may register the cooperative either provisionally or fully. A provision registration is given where some requirements for registration have not been met. The applicants are given a period o f one year to satisfy all conditions. A provisionally registered cooperative society may act as a fully registered in all ways. Upon registration such a cooperative society is deemed to have been registered on the date of the provisional registration. Upon registration a society becomes a body of corporate. According to Ouma(1980), the term cooperative in its widest sense simply means working together. In this context cooperation is as old as mankind and exists wherever the human family is found. Indeed such cooperation exists among animals, insects, bees and ants. Thus cooperation generally means working together for a common purpose. Thus group effort through traditional form of cooperation may be traced in all communities of the world. However its narrow sense as a movement, it means an association of people whose purpose for group work yields good results not only for the members but to the community in general and even to the humanity at large. Cooperative is a business organization by profit, but rather the result of mutual association whose objective is equitable economic betterment of man and the society in which he lives. According to the MOCD, cooperatives are regulated by a set of principals. These principles were formulated by a group of people who lived in a village in England known as Rochdale, and they are therefore referred to as Rochdale pioneers. They formed the first successful cooperative society   in 1884. This society which was a consumer cooperative society was formed in 1844 when Britain was undergoing industrial revolution. As a result of the revolution, a lot of people lost their jobs in the factories as machines were introduced to replace them. In addition to this there was general lack of credit and supply of essential commodities like salt, sugar, flour and cooking fat. Businessmen also took advantage of this situation and started offering impure products at high prices. It is against this background that Rochdale Pioneers decided to draw up some sort of principles which would guide their operation as cooperative society.   These principles were intended for the regulation of cooperative society as indicated by the great stress on the sale of pure products and the sale of goods for cash only. It was therefore found necessary to formulate the principles for adoption by other types of cooperatives. The International Cooperative Alliance (ICA) Commission of 1966 adopted the following principles which are genuine for the running of a genuine cooperative society:- Open and voluntary membership, democratic administration (one man, one vote), limited interest on share capital, payments of dividends and bonuses to members, promotion of education and cooperation with other cooperatives at local national and international levels. According to Ouma (1980), the traditional cooperatives have been in existence in Kenya, as it has been elsewhere, from time immemorial. Examples of such cooperative practices are to be found in Kenya. The group association is normally based on lineage according to the natural geographic environment in which the members of the group are born. This is usually based on clan or people who live within the same village. It can be stated with fair amount of certainty that the   traditional forms of cooperation do generally speaking, form the basis for the establishment of modern cooperative organizations. There is for instance in Luo, Saga whereby a group of people do ploughing, weeding or harvest for each member of the group in turn. In Kwath, members of the group look after their cattle together for three or more days consecutively, in turn. In Kikuyu there is what is called ngwatio (Mwethya in Kamba) whereby members of the group get together to build houses for themselves, each member of the group breinging what is required for the construction e.g. grass and poles. When the first house is completed then the members start on the next one. In Kisii, there is what is called obituary wherby men go on a job hunting exercise, and when they kill an animal, they will either divide it or take it home (village) where it mis cooked and eaten communally by all the villagers. Among the Kalenjin there is the practice of Kokwet wherby a group of people   would go out to harvest or weed the garden of their members in turn. The Kalenjin also have Loget whereby the men   go in a joint   effort to kill animals for food. According to Ouma(1980), practically all the ethnic groups in this country, whether small or big, has since time immemorial practiced mutual association in order to satisfy their needs socially, economically or otherwise. It is also necessary to point out that in the traditional forms of cooperatives, in contrast to the modern cooperatives, members had a great sense of commitment and belonging.. They had mutual trust and   were voluntarily involved in their activities and affairs.. It is of course not possible and it may not be expected that with the development of cosmopolitan populations consisting of different ethnic groups and tribes that members can still hold   together without some form of regulations. Hence the necessity to resort to legal reinforcement and education in order to develop efficient cooperative organizations. Although these associations of group effort could be deemed self help which is infect a for of cooperative , it is nevertheless true to say that the modern cooperative movement, born in Kenya during the beginning of twentieth century owed much of the cooperative idea to these earlier practices. It is also true that the modern cooperative associations in this country took a different approach and   mainly because of expediency. Its founders the British settlers- merely wanted to use it as a cheap means of business for easy profit making. They never spontaneously involved the indigenous people who already were familiar with cooperative effort. The early settlers were beset by very many problems as regards their agricultural activities. For instance prices for Agricultural products were very low, transport of the agricultural inputs and outputs to the markets by each individual settler were classical nightmares. Therefore this new system of farming with its large scale production caused the needs for associations by the few European farmers who undoubtedly had conceived the cooperative idea from the British cooperative movement back home. It will of course be recalled that the formal and successful cooperative organisations started in Britain in 1844. In 1908, they resolved to join together at a place called Lumbwa and formed Lumbwa cooperative Society Ltd. Although not registered as such under any cooperative Societies Act, it is deemed to be one of the modern cooperatives in Kenya. The main objective was to purchase merchandise; i.e. fertilizers, chemical seeds, and other agricultural inputs through collective effort, and to market their produce collectively thus taking advantage of the economy of scale. It would appear quite clear at this point that cooperatives in Kenya did not start as a poor mans defensive weapon against the exploitation by the middlemen, as it had started in Europe and elsewhere. It was on the contrary an easier means to enable the white settlers to receive high returns from their agricultural produce. Thus it was rather an economic necessity for the well to do and not the ordinary man with little or no means at all. It will be remembered that during this time, there was no cooperative societies ordinance to regulate and to assist the management of these cooperative efforts in Kenya. It is also not clear whether or   not Lumbwa Cooperative society ltd was registered even under the companies Act, otherwise calling it a co-operative society was misleading. However one thing remains certain, and that is that the settlers wanted to maximize their profits by trading under the pretext of a co-operative organisation, thereby enjoying its privileges. According to Ouma (1980) many self help groups, most of which were very small and un-economic, were started all over the country. But these were not economically viable and consequently had to be amalgamated into larger economic units. These were for instance Kenya farmers association (co-operatives), Kenya planters co-operative union, Kenya cooperative creameries and Horticultural cooperative union. It is a fact that these institutions formed the backbone and the base for formal cooperative movement in this country. These initial cooperative ventures in Kenya were unfortunately not quite in the spirit of the Rochdale Pioneer Cooperative Society. They never for example, observed the principle of membership, for no African could participate in it until later. The need to form formal cooperative organisations arose when some African peasant farmers realized that they were being exploited, especially by the Asian traders who were paying very low prices for their agricultural produce. As early as in the 1930s there were attempts to form cooperatives by the indigenous people of Kenya, in spite of lack of proper guidance. Of these early attempts two examples can be mentioned here, The Taita vegetable company and the Kisii coffee Growers cooperative. The farmers had 239 members and bought 3 lorries at the cost of $1170 out of the profits made from the operations. The group was producing, grading, transporting and selling on the mombasa market over 900,000Lbs of vegetables a year and the growers received over $4,500 out of a gross selling price of $ 6300. This was indeed too substantial an enterprise to be left without a legal basis. It was later registered as cooperative society. The Kisii coffee growers Association which was able to raise from the sale of its coffee a sum of $2470 of which   $1240 was paid out to the 251 members who had cultivated only 159 acres, but had already accumulated a surplus of $1065. In 1994, the British Colonial Office in London appointed Mr. W.K.H Campbell to come to investigate the possibilities of African participation in the cooperative organisations. He carried out his investigations by touring and visiting many towns and districts in the republic of Kenya and talking to the people. After all his investigations Mr. Campbell submitted his recommendations that subject to availability of capable staff attempts to organise cooperatives were worth while. It was also during this time that the first African Mr. Eliud Mathu was nominated to the legislative assembly, as the Kenya parliament was called then. He demanded in parliament and such people as Ex chief Koinange from outside, that the Government should come out openly to encourage African participation in the cooperative movement. It was as a result of Campbells recommendation that the cooperative societies (Registration) Amendment, Ordinance of 1932 was repealed and the cooperative societies Ordinance of 1945 was enacted under Cap. 287. It was as a result of this new ordinance that the department of cooperatives was created, although it was placed under different ministries at various times. Consequent to the establishment of the department, a registrar ( now called commissioner for cooperative Development) was appointed and together with his staff was responsible for registration and promotion of cooperative societies in the country. The 1945 cooperative societies ordinance further gave the registrar certain powers over cooperative societies, for example refusal to register a cooperative society, cancellation of certificate of registration, to audit societys books of accounts, authority to inspect books of society, authority to settle disputes in cooperat