Wednesday, August 26, 2020

American Government Personal Statement Example | Topics and Well Written Essays - 250 words - 1

American Government - Personal Statement Example In the United States, as per PLU (n.d.), President Bush has been a backer of genius re-appropriating approaches and supporter of facilitated commerce. The President accepts that the nation profits by re-appropriating over the long haul despite the fact that there are short-run inconveniences in the framework. Bush’s organization calls the framework as another method of doing universal business. Emergency made by re-appropriating. The Heffner’s (2010) study said that over the previous years, 3.7 million assembling work in the U.S. have been lost on the grounds that the laborers can't contend with the pace of third world’s compensation. For instance, he refered to the pay of a designer in US is $100,000, while this sum is as of now likeness 3 architects in the third world. Hemphil (n.d.) determined its expense and media transmission work in US as $100 every hour while same work should be possible in India or China at $20 every hour. Rees, 2004, a creator of work st rategies, said that the impact of redistributing was felt by representatives who lost their positions, and to other people who had to acknowledge low paying occupations as a result of changes. There are likewise social expenses and inconveniences brought about by excruciating disengagements and partition of families. On the administration side, the administration will in general lose personal expenses for positions re-appropriated in different nations in addition to the speculation and capital moved somewhere else.

Saturday, August 22, 2020

Negative Comments for Nursing

Questions: 1.What do you think this assessment depends on? 2.Discuss how this situation could influence the patient ? 3. What are the repercussions of a senior medical attendant communicating this conclusion? 4. How might you react to this announcement? Answers: 1. As I would see it, I hold the view that this conclusion depends on generalization and proof. He chose to make such articulations due to the antagonistic demeanor he has towards the elderly individuals and old patients specifically. His generalization has made him to see the old as individuals who ought not be given equivalent treatment like the more youthful ages since they don't merit that (Braithwaite Schrodt, 2014). Then again, the Senior Nurse is an accomplished proficient who has been in the administration for an exceptionally prolonged stretch of time. He more likely than not offered that expression since he has encountered the equivalent or depended on logical research. There is sufficient research that has been done to demonstrate that careful tasks performed on the old is dangerous on account of the perioperative and postoperative entanglements, for example, falls, wooziness, respiratory disappointment, congestive cardiovascular breakdown, utilitarian decrease, contamination, regurgitating, queasiness, heart complexities, and mortality (DiCenso; Cullum Ciliska, 2011). This is the reason the Senior Nurse doesn't care for the old people to be exposed to enormous tasks. It may open them to such entanglements. 2. The negative remarks given by the Senior Nurse were unseemly in light of the fact that they would contrarily affect on the patient and understudy. Above all else, the remark will meddle with the success of the understudy or youthful medical caretaker. It will cause him to lose trust in the office and older consideration. Simultaneously, it may impact him to build up a comparable recognition and begin treating the older patients with bias. The Senior Nurse is very persuasive and viewed by the more youthful medical caretakers as tutors (Fairman, Rowe, Hassmiller Shalala, 2011). Since what they do is copied by the more youthful ones, clearly the understudy may wind up creating poor relational correspondence relations with a specific area of the patients. Plus, it shows that the Senior Nurse is discriminative and has built up a generalization towards the old patients. The remarks would make the patient to lose trust in the administrations gave by the office. The way that one of the workers isn't content with the administrations gave implies that they are not up to the normal norm. Accordingly, the patient will change his conviction and begin building up a negative demeanor towards the office, its workers and the administrations gave to the customers (Bylund, Peterson Cameron, 2012). A negative recognition will end meddling with the recuperation procedure of the patient. It may result into passionate and mental pain that may wind up influencing the patient considerably after release. 3. The negative remarks given by the Senior Nurse were bad since they would have a ton of impacts on the clinic. The remarks would contrarily influence the notoriety of the association. It would make the patient to accept that the emergency clinic isn't worried about the life of the patients. The announcement may be deciphered to imply that the specialists demand working the older for bringing in cash, however not to improve their wellbeing (Fairman, Rowe, Hassmiller Shalala, 2011). When the customers lose confidence in the office, they will stop utilizing its administrations. This is grievous that may wind up prompting the loss of patients, salary, and productivity. 4. On the off chance that I were available when the announcement was made, I would give a valiant effort to rescue the notoriety of the medical clinic. To start with, I would utilize my influence abilities to tell the senior medical caretaker and the patient that it is fundamental for the older people to experience enormous careful activities since it is essential for sparing their basic lives. Also, I would engage the Senior Nurse to forgo such articulations since they can hurt the association (Braithwaite Schrodt, 2014). On the off chance that the Senior Nurse wishes to offer such expressions, I would speak to him to do as such without the patients. References Braithwaite, D.O. Schrodt, P. eds., 2014. Connecting with speculations in relational correspondence: Numerous points of view. New York: Sage Publications. Bylund, C.L., Peterson, E.B. Cameron, K.A., 2012. A professional's manual for relational correspondence hypothesis: A review and investigation of chose speculations. Quiet instruction and guiding, 87(3), pp.261-267. DiCenso, A.; Cullum, N. Ciliska, D. (2011). Actualizing proof based nursing: a few misguided judgments. Proof Based Nursing 1 (2): 3840. doi:10.1136/ebn.1.2.38.

Friday, August 21, 2020

What is Company-Owned Life Insurance - COLI

What is Company-Owned Life Insurance - COLI Corporate owned life insurance which is also known as “dead peasant insurance” is the life insurance that is purchased by a business on the life of an employee.The employee is the subject of insurance (insured) while the business or employer is the beneficiary.If the employee that is insured dies, his employer will receive the death benefits from the insurer.Even when the employee leaves the company, that particular company will still remain the beneficiary. Company-owned life insurance can be written for a group of workers or one worker as the case may be.This is no surprise as stats reveal a rise in unexpected employee deaths. Hence, firms seek to protect their business due to the effects of losing important staffs. Source: YouExecThe Corporate-owned life insurance was formed to protect the business from the effects that the deaths of executives and employees who are vital to the operation of the company.When employees who play vital roles in a business dies, the business may face a lot of challenges and it will take a while for the business to adjust to the absence of this valuable employee, this insurance enables the company to weather the storm and get back on their feet.Companies believe that the more important a person is and the role he plays in the organization, the more difficult it will be to replace the person when he dies.The insurance policy will enable the company to foot the bill of finding a replacement for the deceased staff.This is the major reason why Company-owned life insurance is commonly used for the top executives of a firm. These executives are harder to replace than other regular employees.Certain people think that it is inappropriate for a business to cash in or benefit from the death of an employee especially when some employers take advantage of this to exploit tax loopholes.But companies believe that it is just seeing that the demise of a top employee or executive can put the company in a tight spot.The companies dont consider this to be taking undue advantage of the death of the employees, it is however considered to be a way of ensuring that the finances and smooth running of the company are not affected by the death of an employee.If the companies have to bear the cost of replacing dead employees from the pocket of the company, it may affect the finances of the company either immediately or in the long run especially when the loss of more than one top executive is experienced within a short time frame.PURPOSE OF COLIThe original aim of the adoption of the Company-Owned Life Insurance was to hedge against the financial costs that came about as a result of the loss of life of key employees and the risk of recruiting and training the replacemen ts for the deceased key employees.COLI can be utilized to generate income for organizations which is then used to offset the benefits costs that spill over to the income statement. These death proceeds, which are gotten tax-free, can be used to recover expenses related to offering benefits. Source: Fulcrum PartnersIt was also aimed at finding corporate obligations to redeem stock when the owner of a business dies.When employees are being hired a part of the requirements for the firms that adopt COLI is that the employee has to write a written consent to the insurance policy.Presently, the benefits from COLI can be paid to the family of the employees directly, but the company paying the premiums has the right to legally deduct from the earnings and the corporate profits.Most people think that company-owned life insurance is the same as additional insurance coverage of companies which is geared at protecting the employees and their families.Under the insurance coverage of companies, the family of the insured staff is the beneficiary of the benefits of the insurance but with the corporate-owned life insurance, the business are the beneficiaries of the insurance benefits.As stated earlier, the company owned life insurance is required to enable the organization to pay for th e cost of finding a replacement for a valuable employee who dies.Most often this replacement process can be expensive and the insurance benefits will enable them to pay for the cost incurred without taking from the companys account.Another reason is that the benefits from the insurance will provide a way for the company to earn additional income which usually exceeds what the company pays in premiums.HOW DOES COLI WORK? To further understand what COLI entails; it is important to know how it works.Company-Owned Life Insurance consists of two major parts namely: the cost of insurance and the cash value.The cash value is the savings element (i.e. funds invested in assets such as stocks and bonds) of the policy while the cost of insurance consists of the amount that will be paid for the death benefit and the administrative expense.The savings element of the cash value can be held in a general account or a separate account. When it is in a separate account, the policy holders control the assets and can decide on how to allocate the funds.When the value of the underlying assets changes; the value of the savings portion also fluctuates.On the other hand, when the company-owned life insurance is set up with a general account, the control of the assets is in the hands of the insurer, it is the insurer that will decide on how to allocate money among the assets held, he also is responsible for the declaration of the yearly application rate of return.TYPES OF COLIThere are two types of Corporate-Owned Life Insurance.The two types have varying modes of operation and they also have different advantages and disadvantages.1. Superheated AccountThe first type is the superheated account where professional brokers invest the cash value; the account holder is responsible for the risks of the investment.2. The General AccountThe second type is the general accounts where the insurance company in a general portfolio is responsible for investing the cash values of the policies.The in surance company is responsible for the risks of the investment.Before choosing which type to implement, the firm will examine the pros and cons of the two types and they will choose the one that serves the needs of the organization.FORMS OF COLIThere are also two forms that the company-owned life insurance takes.The first is key person insurance while the second is split-dollar life insurance.1. The Key Person InsuranceUnder the key person insurance, the company is compensated for the loss of a key person such as the president or a partner. Life or disability benefits are also provided under key person insurance.2. The Split-dollar Life InsuranceThe split-dollar life insurance, however, involves the splitting or sharing of the premium, the cash value of benefits of the insurance between the employee and the company.There are various options available under the split-dollar life insurance, for example, all the death benefits of an employee can be paid to the beneficiaries of the empl oyee or the company can receive the cash value of the amount it paid in premiums.IMPORTANCE OF COMPANY OWNED LIFE INSURANCEBelow are the importance of Company Owned Life Insurance:1. It Gives the Company a Cash ReserveWhen a company purchases company-owned life insurance, it buys the traditional death benefit coverage amount while giving the company insurance coverage that can compensate the company for the loss of a valuable employee or executive.The cash value of the policy enables the company to have access to funds that it can use to expand the business. The cash value from the insurance can become a saving from the company which will be used to carry out other business operations.2. It Gives the Company Access to a Lower Premium Cost and Higher Cash ValueHaving COLI gives a company the advantage of having good pricing on premiums.If the company is buying cash policies it can be offered as special policies that are designed to generate cash value quickly and easier than other po licies.These policies are designed to show the cash value of the policy as an asset to the account books of the company especially in the early years of the policy.3. Companies can use it to Retain Employees Having a company-owned life insurance is often very enticing to employees especially since it gives them access to enjoying the benefits of group term coverage.If an employee is concerned about the commitment of his employer to provide benefits and compensation over his salary, he can be retained in the company when the employer offers him COLI this will boost confidence in the company.Some companies use this as a competitive advantage to keep the best employees in their company.4. Pre-tax Premium PaymentsCompanies can make pre-tax premium payments on behalf of the employees on a pre-tax basis.This gives the employees and the company the ability to buy more life insurance that they would legally buy if they were operating a private policy.Organizations make use of the Company-Ow ned Life Insurance to soften the blow that taxes place on the finances of the organization. They are used to offset the costs of the expensive benefit packages of employees.It is, however, important to note that the company-owned life insurance does not hinder or replace the personal insurance that the employees have.The company-owned Life Insurance benefits the company more than the employee; it doesnt really benefit the insured person or help his loved ones to pay the debts or final expenses he leaves behind so it is important that the employees have personal insurance which will be offered through the employer.BACKGROUND OF COLI As already seen COLI can be gotten on a group or individual basis, and the company generally becomes the owner, beneficiary, applicant and premium payer of the policy.This is because the organization pays the premiums by itself and acquires all the benefits.The individuals or the employees actually insured do not get any of the benefits. Hence, COLI isn†™t for employee benefit. It is usually mistaken for group life insurance which employers offer their employees.COLI take’s on numerous forms. Originally, narrow-based services termed key man insurance were utilized by organizations as a means to protect themselves against the effect of the death of important employees who are costly or especially difficult to replace.Whats more, it was also used for the insurance of the life of top-level executives.Other similar uses of narrow-based COLI services include the financing of deferred compensations for important employees or individual stock redemption agreements.Based on news reports, some organizations, have acquired broad-based COLI services that do not just cover important employees, but for most or all of their employees.This particular application of COLI principles was developed to create a funding source for various other purposes of an organization, such as supplemental pensions, broader employment related perks like retiree h ealth plans, and executive benefits.The use of company-owned life insurance to pay for retiree medical perks is largely linked to the promulgation of Financial Accounting Standards Boards  statement 106 ( FASB 106)Under this statement post-retirement benefits, such as the retiree medical benefits, must be recognized as a cost due to the fact that they are acquired over the employee’s entire working lifetime, rather than like a payment after retirement.If these benefits arent funded in some way, they develop into an expanding balance sheet liability.The Company-owned life insurance benefits accruing to an organization from the death payouts of workers and the tax-free buildup within the policies can be utilized to develop a balance sheet asset that the organization can use in order to offset liabilities and finance the retiree benefits cost.Individuals who support the use of COLI to pay for such retirement benefits costs, state that without the presence of such funding, a lot of c ompanys would have to discontinue that retirement medical benefits.CRITICISMS OF COLIHowever, critics are on the opposite side of the line, stating that the organizations should not make profits from the deaths of low ranking employees. These critics have termed COLI as dead peasant insurance or janitors insurance.Criticisms are also on the issue that although organizations claim to utilize COLI for the purpose of financing employee benefits, there are no regulations of how it is done, as there are for the Employee Retirement Income Security Act benefit plans (ERISA).Whats more, ERISA also makes provisions for tax-preferred investments for employee funding benefits.Even though company-owned life Insurance isnt well known, it has pulled the attention of both the print media and film. In the month of April 2002, a three-part series was initiated by the Wall Street Journal termed the Janitors Insurance- Profiting from Employees Deaths.The articles were extremely critical of COLI and c alled out numerous organizations that had allegedly put in billions of dollars into the company-owned life insurance policies insuring a large number of employees.After the Wall Street Journal articles, other major press co-operations, like the Washington Post, released articles which were critical of BOLI and COLI.  In May 2009 the Wall Street Journal again focused on COLI, reporting on bank filings which reported their utilization of COLI.Whats more, in 2008, banks reported COLI totaling up to $122.8 billion. Asides from this COLI pulled public attention due to how the heavy criticisms it received in Capitalism: A Love Story, a Michael Moore Movie.BANKS AND COLIWhen a bank purchases COLI policies, it is sometimes termed as bank-owned life insurance (BOLI). The Comptroller of the Currency (OCC), in 1996, outline general guidelines for banks in the United States to ascertain that BOLI purchases are consistent with safe banking practices.The OCC stated that buying BOLI is incidental to banking, therefore, making it legally acceptable, if it is useful or convenient in relation to the conduct of the banks business.The office of the Comptroller of the Currency guidelines particularly makes emphasis on the fact that national banks are allowed to use COLI as a cost recovery vehicle or as financing for post-retirement employee benefits.Also, that the COLI value is an organizational asset even after the severance of the employee and employer relationship.Furthermore, it states that employees do not have interest in COLI other than their claim that the organizations assets arise from the banks obligation to offer the stated benefits.LEGISLATIVE PROPOSALSThe Life Insurance Employee Notification Act (H.R.130) was introduced on January 5, 2011, by Representative Gene Green. The aim of this bill was to require that the employee is notified of COLI. This includes the beneficiary of the policy, the benefit amount and violating this would result in unfair trade practice.Thes e requirements were to be enforced by the Federal Trade Commission (FTC). This legislative proposal is quite similar to the Pension Protection Act limitations of 2006.However, these requirements are to be enforced by the FTC and not the Internal Revenue Code as is the case of fur Pension Protection Act limitations.PREVIOUS LIMITATIONS ON COLI The 2006 Pension Protection Act was inclusive of additional tax-code requirements with the aim of ensuring the COLI policy enjoys the normal tax positives of life insurance.These specific requirements stated that these policies have to rest on highly compensated personalities or directors and that all insurance employees have to be notified and give written consent in the same period the life insurance is acquired.The phrase highly compensated employees are inclusive of any worker who gets payouts in the top 35% of the organization. Organizations were also demanded to file yearly returns with the Secretary of the Treasury with details of their utilization of the COLI policies.Keep in mind, however, that the information of these returns is just as confidential as any tax information. The recent interest in COLI is mainly due to the recent congressional focus on insurance.Since 1986, the tax benefits of company-owned life insurance in relation to on tax deductibility of COLI related to loan interest has been under limitations by legislation.In 1986, the Congress slated a deductible interest for all indebtedness which exceeded $50,000 for each singular contract.Only loan interests which were related to policies bought after the 20th of June 1986, were covered.It has been stated that the organizations reacted to this limitation by broadening their specification of life insurance benefits from the executives to regular employees.This, in turn, generated more COLI-related loans, however at the capped amount.Congress in 1996 passed legislation that totally eliminated (inclusive of a phase-out rule) all interest deduction for pol icy loans which cover officers or employees except for important personalities.Going even further, Congress capped the deductible interest rates on top executives and also the pre-1986 contracts which were hinged on the typical corporate bond rate.Certain business responded by proposing to broaden the coverage of life insurance contracts as well as related tax-advantaged loans in order to cover customers and mortgagors specifically.In 1997 Congress addressed this particular reaction by placing more limitations on interest expense deductions.The 1997 ruling required that all interest deductions be diminished via pro-rata calculations based on the cash value ratio of an organizations life insurance policy to the total assets of the corporation.Nevertheless, policies for directors, employees, owners, and officers were removed from this calculation, which suggested that the 1997 change was aimed at addressing particular policies, like those covering borrowers.This approach produced the effect of preventing the interest deduction for cases like lender policies which cover mortgagors.Adding to the increased limitations Congress forced on company-owned life insurance interest deduction, the IRS as well, successful embarked on several cases which were considered to be a play of the system.Furthermore, the Internal Revenue Service provided a settlement initiative with the aim of encouraging the disclosure of shady transactions as well as to cause payment of a part of the presumed tax liability.CONCLUSIONThe company-owned life insurance is utilized extensively by numerous organizations to aid them in achieving their financial goals.Based on various industry surveys, 75% of Fortune 1000 corporations have running COLI programs. Whats more, of the 50 leading banks and thrift institutions in America, 43 of them have gotten Life Insurance.A lot of organizations are currently purchasing Company-owned life insurance policies.Presently, major companies engaged in purchasing COL I include: Citi Baker, Bank of America, Win-Dixie, Walt Disney, American Electric Company, Morgan Chase, Wells Fargo, Procter and Gamble, Dow Chemical and numerous others.

Wednesday, May 13, 2020

Metamorphosis And Zaabalawai - 1307 Words

The Metamorphosis and Zaabalawai: An Exploration into the Meaning of Life What is the meaning of life? Many philosophers and religions have attempted to answer the question of what, if anything, gives an individual a purpose. Nevertheless, contrasting metaphysical interpretations have created a perpetual discussion on the ontology of an individual. Consider western monotheistic ideology, existentialism and nihilism. Western monotheistic ideology outlines the purpose of existence as living to the standard of perfection defined by the religion’s god and exemplified by the religion’s messiah1. Contrarily, Existentialism is based on the proposition of existence coming before purpose: an individual will give himself purpose through his own†¦show more content†¦The investigation begins by introducing The Metamorphosis, a story that depicts Gregor Samsa’s absurd metamorphosis into an insect. Through an external force, Gregor is faced with a contradiction he cannot resolve and seizes to be understood by the world around him. However, through this isolated torment, the reader connects further with Gregor, as his only form of communication is through internal dialogue as the story progresses. Moreover, Gregor has no extraordinary qualities and is shown to be a selfless individual, as his anguish before becoming an insect was brought forth by a job he was only employed at because of his yearning to support his family (Kafka, 1205). As Gregor is such an average and self-sacrificing individual, the audience is forced to question the motive of the author. That is, why is Gregor Samsa the target of such an absurd punishment? And that is Kafka’s thesis in the story. Kafka is daring the audience to question his motives, forcing the audience to contemplate how such an average person can be chosen to undergo such cruelty. All individuals have an insect they can morph into and it is analogous to the absurdity of life. The conflict between an individual’s tendency to seek an inherent value in their existence a nd their inability to find one creates a fundamental dissonance, shown metaphorically as an insect.

Wednesday, May 6, 2020

The Fight Against Essay Writing Topics for University Students

The Fight Against Essay Writing Topics for University Students By itself, essay it's not hard, and together with lectures, laboratory work, and control merely a disaster. On our site you'll find far more useful special information that will certainly be helpful for junior and higher school kids from, like common home task essay about Hamlet, together with, for instance, application essays for college for future students. Our Custom essay writing service means your paper is going to be written from scratch by a specialist writer that specializes in that area. If you're looking for unique, reasonable and topnotch graduate essay writing assistance then you're in luck. Essay Writing Topics for University Students Books should not be banned. Students ought to be permitted to pray in school. School tests aren't powerful. Textbooks ought to be free. Curriculum proposal topics is a means to try. A lot of students put on a uniform. The Upside to Essay Writing Topics for University Students Once you receive an idea, the practice of writing will be much simpler. The ability to spell out something doesn't come easily for a whole lot of individuals. Such a part of work should have some emotional effect on your readers. A student might need a topic about something not far-fetched because the sensory details ought to be vividly portrayed. The reader ought to take the author's side by the close of the reading. With fantastic arguments, it is going to be simple to create your viewpoint. Very often it becomes tough to choose 1 topic either due to the many ideas in the student's head, or due to their complete absence. Characteristics of Essay Writing Topics for University Students Academic writing has ever played a big and central role for students all around the world. Colleges are more inclined to admit students who can articulate certain explanations for why the school is a great fit about them beyond its reputation or ranking on any list. The ways students ought to be taught about their well-being. Many students think that it is a waste of time. So you believe some type of English essay writing help might arrive in handy. Understanding how to compose a strong argumentative paper will help you advance your very own argumentative thinking. In choosing your topic, it's frequently a good concept to start with a subject which you already have some familiarity with. Another reason is to observe how well students argue on distinct views and demonstrate understanding of the studied subject. How people will act if there will not be any rules in any respect. Many brilliant individuals who achieved success in life proved actually academic drop-outs. Writing about nuclear weapons is always an excellent idea. The best strategies to accept the society and ensure it is accept you. What the In-Crowd Won't Tell You About Essay Writing Topics for University Students Recent argumentative essay topics that are related to society is going to do. Remember your essay is about solving problems, thus a solution ought to be a highlight of the essay. Thanks to the correct selection of presentation style and a thorough understanding of the goals you wish to attain in your essay, there are many categories essay themes may be broken into. Your principal essay question forms an essential part of the paper requirements. A proposal essay is quite straightforward to comprehend. An argumentative paper is part of the persuasion. You're able to define a notion in your short essay. The top rated argumentative essay ideas are broken up into various categories. Who Else Wants to Learn About Essay Writing Topics for University Students? There may be a total lot of people who need assistance with authorities essay writing. Before students select their topics, they ought to know about the essential length. A great case in point is cyber unlawful activity where individuals can commit unique felonies on the internet. It is cyber criminal activity where individuals can commit various felonies on the net. If you are searching for tips about how to compose a descriptive essay, you've come to the correct spot. Numerous on-line posts and videos can be utilized in work. Since you can see, several of the topics listed are new and handle the present issues happening in the World today. Superior news is that we've got a solution.

Tuesday, May 5, 2020

Leadership and Business Management Communicating Stakeholders

Question: Describe about the Leadership and Business Management for Communicating Stakeholders. Answer: Describe how you maintained an open communication process between: Team: Describe what would you do with your team to make sure everyone is communicated to The most common and important elements for communicating stakeholders are determining the target audience. One should be deliberate and should identify known groups for determining unknown groups. It is going to be very tough for a company if they find that in a serious critical meeting, one of their main candidates was attending the meeting without any clue about the proceedings of the meeting, as he was not given any kind of information on that matter. Documents should be developed in a proper manner and stakeholders should be communicated in an effective manner about all this. Following the ways mentioned below, one can easily manage to keep the communication active and ongoing (USCG, 1998) Formal methods for Communication: Formal Meetings: Formal meetings are one of the old methods of communication. These meetings can have varied facets depending on organizational structure. It depends on a person to maximize every minute of their time spent for having an effective dialogue. It is one of the effective way of communication as it enhances credibility and avoids misinterpretation (USCG, 1998) Call on Conference: This mode of communication is becoming most common now days. This mode is beneficial as it saves time and expenses of travelling (USCG, 1998). Through conference call, one can talk anywhere, as one does not depend on voice intonation. Letters: Strategy of sharing newsletters is one-way communication and it is often utilized in the way of email utilization, brochures and newsletters. One major weakness is that messages are delivered and one seems to be unable to gauge them (USCG, 1998) Informal Methods Hallway communication: These are such kind of meetings which mainly involve one to one communication mode, but in the case, if an organization follows such communication mode then, it should be clear that they should not develop false expectation (USCG, 1998) Meetings during unofficial Time: Meetings can be arranged after working hours where staff members can interact informally with seniors during lunch or dinner. These causal environment helps in bonding and gaining feedback (USCG, 1998) Events of Sporting: Company can arrange for the badminton or golf games, where informally, staff members can interact with one another and can gain feedbacks (USCG, 1998) Mails on voice: Emails often hold superiorities in comparison to voice mails but still, people prefer listening rather than reading (USCG, 1998) Staff should be provided with the opportunity to discuss issues related to relationship with fellow colleagues. Talking about an issue through the channels above can help in diffusion of negative situation before it gets out of hand. So, one should devise strategies for encouraging open communication. There should be commitment from the senior level managers to encourage open communication and discussion. By showing that management is willing to listen and bring about the changes based on what staff has discussed, in that case the staff will become more open(USCG, 1998). Manager: How can you keep regular communication with your manger to make sure that they are informed of how your team is working? By establishing a good relationship with a manager, we can keep regular communication with him for achieving the desired goals and objectives. Business relationships are built upon openness, honesty, cooperativeness and productiveness(Regional Skills Training, 2010). One will find that a manager, with whom we have to establish relation with, is mainly aware of the tasks of team which a team has to perform. People are found having no ability to work in team, as they are found working with people who normally does not believe in choosing friends in many cases. By incorporating the below stated factors in communication, a team can effectively communicate its performance with a manager: Clear: Information will be read by a manager only when he will be able to understand it properly. If the team is writing about its performance and the same is not clear to the manager, the communication is useless. Clarity can come out by selecting easy understandable words, being concise and importantly, understanding that even though one may understand what the team has written, the other party may not be able to do so. Therefore, it is necessary to write in a proper manner to make the manager aware about the correct position and performance standard. Complete: Apart from being clear, information should be complete. One should be open and offer full information. One should not hold information or put any kind of opinions simply because the end user does not want to hear it. It is very essential that the information a team offers to a manager should be complete so that he/she does not take any kind of wrong decision. Taking into account the end user: While one can find that information that a team is offering is not really what the manager is looking for or wants to hear, it is important to ensure that one takes into account the way the end user will respond to the given information. If it is not good information, be sensitive and attempt to make the information or your opinion easier for them to read. Describe how you were able to initiate and maintain this communication process so that input from outside the team could contribute to team performance Who and how can you work with team/management/ customers to get ideas on communication and team performance The main elements of Project communication(University of Tennessee System, 2012) Communication with whom: It is very essential to understand that all stakeholders should be informed about a project and all the necessary detailing related with it for the proper execution of the project. However, this kind of approach would mainly guarantee the failure of a project as, every stakeholder carries his/her own view and, meeting everyones demand is going to be very difficult. Some important stakeholders that must be taken into account are been illustrated below: (University of Tennessee System, 2012). Sponsors of Project: These are the main customers of any project with whom the managers have to communicate and share the information on timely basis. It is to be ascertained that every stakeholder under this category is been communicated in the manner he/she likes to be done with. Members of the team: This is again one of the main popular groups of stakeholders. One might think of dividing the groups of teams in sub -groups on the basis of the role each of them possess. For instance, a manager can think of drafting separate communication mode for business analyst. Customers: These stakeholders can be internal or external. They are not bothered about project communication until and unless a product is been delivered to them. Partners in a company: These stakeholders are those people whose activity does affect the manner in which the project communication takes place. A partner may be someone who is working on a project or heading any team. What is to be communicated: What information is to be communicated to which stakeholder should be considered in a proper manner and should be communicated according to the prescribed modes. The choice of communication of information cannot be done without any tool of project for gathering information How to communicate: We can several different many mediums of commutation like face-to-face, intranet, internet or video conference. Ways to maintain communication process for contributing to team performance Clear Objectives: The overall objective needs to be determined which should assure that every member should understand the goal. A leader has an important role in communicating the clear picture of what organization expects from a team. Appropriate Leadership: Leadership is considered as a shared function, which is based on the need of a task instead of consideration of formal role based on power. Suitable Membership: For a team to work productively, members must display the skills and experience and the right mixture of these for the task being undertaken. Commitment towards team: Members of a team experiences real strength from membership and goal sharing. They will ready to invest energy in interest of the team Supportive team climate: The order of maintaining communication process is to build supportive climate. Members should be asked to contribute in a mature fashion Relationships with other teams: An effective team also invests its time and energy in developing ground rules for managing relationships with other team members in a positive and productive way. Describe how you evaluation of team performance and rationale behind corrective actions in order to provide evidence of you knowledge of Group behavior to build team cohesion How will you monitor and evaluate the team as a group is working well together and that your solutions are working? All of the assessment principle that applies to individual work applies to group work as well. Group of assessment has called for many challenges, however such objectives of assignment which assessor might wish to assess depends on team final design and report, their processes and both (Universit Nice Sophia Antipolis, 2012). Below are the ways for monitoring and evaluating whether group cohesion is working or not Assess individual and team: An individual can mainly feel de-motivated when they feel that their success is very much dependent on the success of the team members and team performance. One single way of interacting and counteracting the hazards of motivation of group activities is mainly to assess the learning and performance of an individual in response to the output of group. Team leaders can take test for testing the learning knowledge of the individuals. There is no such breakdown in assessment section but still grading should mainly reflect motives for learning and motivating the kind of work one want to see. Assessing process: In the case, when developing teamwork skills is one of the main objectives for the course, it is important for assessing students progress towards such goal. Processes can be accessed on the basis of number of dimensions like the ability of generating range of ideas, listening respectfully for disparate perspectives and communicating effectively(Niazi, 2011). Making criteria and scheme of grading: It is very essential to illustrate the criteria of performance so that one can easily make out the difference between the expectations and decisive expectations(Smith, 2000) How to support team members to achieve goals through coaching, mentoring and training What training/ mentoring or coaching can you do to help your team members reach their goals? Training programs should be strategy driven: Trainers should be made aware of the fact that all training programs are required to be in line with an organizations strategic goals(Harun Mahmood, 2012). Setting Criteria for defining success: Success of a training program should be measured against varied criterias(Vinesh, 2014). Training programs needs to support the key strategies: While designing a training program, trainers should be made aware about the fact that learning is very much aligned and is directly supported by the structures of an organization(Nischithaa Rao, 2014). Resolution techniques and Strategies What were the resolution strategies you put in place for your team Guideline establishment: Formal meetings were arranged in between the contracting parties for understanding the guidelines and defining the ways for meeting the same. Both the parties were asked to share their views calmly and unemotionally for effective outcomes(Rouge, 2014). Keeping Effective and open Communication: The main objective in resolution of conflict was to have open communication in between the members (Jung, 2003). Decisive Actions: After collecting the information, all parties should be involved in the decision making process (EDCC, 2011). References EDCC, 2011. ConflictResolution Skills. EDCC. Harun, M.Z.M.B. Mahmood, R.B., 2012. The Relationship between Group Cohesiveness and Performance: An Empirical Study of Cooperatives Movement in Malaysia. International Journal of Cooperative Studies, 1(1), pp.15-20. Jung, H., 2003. Conflict resolution strategies and no strategy and their Performance Models for Large Scale Multiagent Systems. University of Southern California. Niazi, A.S., 2011. Training and Development Strategy and Its Role in Organizational Performance. Journal of Public Administration and Governance, 1(2), pp.42-57. Nischithaa, P. Rao, M.V.A.L.N., 2014. The importance of staff training in the hotel industry. International Journal of Business and Administration Research Review, 1(5), pp.50-56. Regional Skills Training, 2010. Workplace Communication. Regional Skills Training. Rouge, B., 2014. Effective Conflict Resolution Strategies. Louisiana State University. Smith, J.L., 2000. Group Cohesion. AUBURN University. Universit Nice Sophia Antipolis, 2012. Team Building Team Cohesion. Universit Nice Sophia Antipolis. University of Tennessee System, 2012. Communcitaion Process. Knoxville, Tennessee: University of Tennessee System. USCG, 1998. Effective Communication. [Online] Available at: https://www.uscg.mil/auxiliary/training/tct/chap7.pdf. Vinesh, 2014. Role of Training Development in an Organizational Development. International Journal of Management and International Business Studies, 4(2), pp.213-20.