Extant literature on entrepreneurial activities by companies evidences their significant role in economic growth, enhancing innovation, and creating jobs (Estrin et al., 2018, p.425-26). However, realizing the opportunities and benefits accrued from entrepreneurial activities may fail due to the lack of funding. Funding is the foundation on which every start-up thrives, without which it will fail. According to Garg and Shivam (2017, p.22), start-ups normally fail because they run out of capital, experience working impediments resulting from demographic or bureaucratic reasons, the lack of resources, or the failure to meet targets. Either way, funding plays a critical role as a determinant of success or failure of a business, which is why entrepreneurs need to evaluate underlying issues that would cause the start-up to fail so that they can effectively manage their funding. The same applies to lenders as they determine whether they are making meaningful investments and whether the start-ups will effectively and efficiently utilize the finance provided to ensure sustainable growth. It is especially critical for start-ups in the early stages of growth as they struggle to demonstrate their legitimacy into transitioning from conceptualization to commercialization (Islam et al., 2018, p.36). The current report discusses early-stage funding using crowdfunding and why it would be the most appropriate funding strategy for the business. It does so by establishing the strategies used by lenders to invest, the value it will have on the business, and why it is more appealing than other funding sources.
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Obesity and being overweight are conditions affecting over a third of the global population today (Hruby & Hu, 2015). The increasing prevalence of obesity emanates from increasing industrialization, economic growth, urbanization, sedentary lifestyle culture, mechanized support, and nutritional transition to processed foods. Obesity is a global economic problem due to the strain it places on the healthcare system spending, which comes from taxpayer money through government finance (Dobbs & Manyika, 2015). As much as an economic burden may have some significance in the criticality of reducing the menace, it is the health effects of obesity that cause more concern. Some of the comorbidities related to overweight and obesity include cancers (breast, endometrial, ovarian, colorectal, esophageal, kidney, pancreatic, prostate), Type 2 diabetes, hypertension, stroke, Coronary Artery Disease, Congestive Heart Failure, asthma, chronic back pain, osteoarthritis, pulmonary embolism, gallbladder disease, and an increased risk disability. Additionally, obesity contributes to an annual mortality rate of three million deaths (Djalalinia et al., 2015).
Continue readingThe current review is a critical evaluation of the company’s new business opportunity for selling bottled water as well as the marketing opportunity in marketing the new product through social media. Together, the process will contribute to the informed decision-making of organizational strategy. The literature by George and Desmidt (2018, p.133) highlights the criticality of collecting and exchanging information to make informed and qualitative decisions. A rational planning practice for decision-makers in whatever capacity is to inject information relevant to decision-making into the decision-making process to improve strategic decision quality. The rational model of decision-making is systemic (step-by-step) and relies on facts and informational analysis to arrive at a decision. Ultimately, the choice of a strategy depends on what the decision-maker perceives to have the most benefit as opposed to cost (Uzonwanne, 2016, p.3). Ideally, the goal for any business is to maximize the value of outcomes, while reducing the risk and inherent cost associated with the strategy.
Continue readingIntroduction
Globalization, broadly defined as the increasing interdependence between countries, has changed the rules of competition in business by enhancing capabilities that allow the transfer of information, skills, technology, products, and culture (Bodislav et al., 2015; Wiesmann et al., 2017). It has allowed companies to develop critical strategy approaches that leverage the different alternatives available to them to survive in complex, dynamic, and competitive global value chains. One such type of strategic approach is offshoring/outsourcing. Offshoring is a popular strategic practice where companies disaggregate fine pieces of activity from their value chains and relocate them across national objectives to save on cost, enhance performance, or learning opportunities (Mykhaylenko et al., 2015). Companies will typically outsource their services from high-cost to low-cost environments, mostly characteristic of developing countries. However, the success of this offshoring depends on the ability of the low-cost environment to balance supply and demand. The failure to which the offshoring company could seek alternatives in the form of reverse offshoring. According to Wang & Song (2017), reverse offshoring can involve a backflow of offshoring where companies move their offices back home from developing countries, outsourcing tasks of enterprises in developed countries, and developing countries becoming contract issuers.
Continue readingIntroduction
The body comprises an interconnected network of physiological systems fine-tuned throughout evolution to achieve and preserve a relatively stable internal state – homeostasis (Everly & Lating, 2019). Sometimes this equilibrium will be in a state of disharmony arising from intrinsic, extrinsic, real, or perceived forces, known as stressors, which the body needs to counter to maintain or reestablish the threatened homeostasis (Tsigos et al., 2016; Cool & Zappetti, 2019). The disharmony reflects the body’s inability to allocate sufficient resources to restore the balance, meaning that the body is in a stressed state. When the brain perceives stress, it activates coordinated neurophysiological responses in the brain and the periphery to initiate behavioral and physiological responses that facilitate allostasis (stability through change) and adaptation (Cool & Zappetti, 2019). It takes place through a process referred to as adaptive stress response, which enhances resilience and facilitates coping mechanisms to prevent future adverse impacts from stress stimuli (Suri Vaidya, 2015). However, there is a notable variation in individual response mechanisms to stress, perhaps due to people’s uniqueness, which is why it would be prudent to consider this aspect when recommending stress management strategies. Consequently, the current review explores the significance and feasibility of nature/plants as a stress-reduction strategy.
Read more: SAMPLE PAPER:The Effects of Nature/Plants on StressRole of Nature in Stress Management
Nature provides a range of services and benefits to the ecosystem, much of which past research has extensively covered. The least appreciated is perhaps the impact it has on psychological well-being and health through what Bratman et al. (2019) refer to as psychological ecosystem services. These services encompass a range of cognitive and psycho-physiological outcomes stemming from two mechanisms, considered to be the two primary environmental psychology theories (Jiang et al., 2020).
Attention Restoration Theory (ART)
The first is Kaplan & Kaplan’s (1989, as cited in Ohly et al., 2016; Jiang et al., 2020) Attention Restoration Theory (ART). The basic premise underlying the theory is that natural environments contain elements that provide a relaxing space through which humans can relax and reduce mental fatigue, which helps restore voluntary/direct attention. Direct or voluntary attention refers to the human ability that allows people to pay attention to a particular task requiring effort (Ohly et al., 2016). However, this ability is finite and becomes exhausted with use, especially if overworked or overloaded with mental processes. For example, focusing requires the individual to exclude other thought stimuli from nearby environments. Voluntary attention makes this possible by suppressing distractions that may be inherently more interesting. Nonetheless, fatigue may set in when there is no motivational draw to rest or restore the ability. Attention fatigue leads to poor decision-making and self-control, potentially threatening individuals’ health through neural and behavioral pathways to cause conditions like obesity (Ohly et al., 2016). ART proposes that individuals experience nature as it offers a relaxing and refreshing environment that facilitates and enhances their ability to reflect and consider any unresolved issues. According to Jiang et al. (2020), the “softly fascinating” aspect associated with natural elements like trees, water, and sunsets helps capture an involuntary attention sphere in humans, which provides a means through which rest and recovery can take place. The reason is that the inherent characteristics associated with these elements that draw human interest require minimal mental effort to process, thus causing no strain on the voluntary human attention paid to them.
Stress Reduction Theory (SRT)
The second is Ulrich’s (1991, as cited in Jiang et al., 2020) Stress Reduction Theory (SRT). The primary argument is that the natural environment presents an unthreatening setting that provides humans with the space to calm down, generate positive feelings, and reduce arousal. Ultimately, natural environments will promote stress recovery by reducing the adverse psychological and physiological signs of stress (Jiang et al., 2020). According to Ulrich et al. (1991), humans may not have the same capacity to recover from stress in artificial settings as natural ones because human evolution mostly occurs within the latter context. Essentially, the argument Ulrich drives with SRT is that the natural environment can improve individuals’ positive affect and attention following a stressful event. It can operate as a remedy or solution in stress management as the natural environment possesses certain qualities that provide the individual with an incentive to adapt due to the positive affective appraisals derived from them (Ratcliffe et al., 2013). These qualities can either be aesthetic or semantic. Aesthetic elements may feature as perceived complexity, patterns, texture, or environmental mystery, while semantic elements through such aspects as absent threats or resource availability. Whichever the case, human beings can make use of natural spaces to reduce stress because these inherent characteristics reduce blood pressure, lowers cortisol levels in the body, self-reported stress, and increases positive mood (Jiang et al., 2014; Ewert & Chang, 2018). The SRT and ART environmental psychology theories support the idea that nature facilitates restoration from mental fatigue, stress, and negative moods, thus improving individuals’ health and well-being.
Literature Review
Several past authors have conducted tests and analyses to determine the relationship between nature and stress management, focusing on consequent impacts like performance, attention, health, and well-being. For example, Dravigne et al. (2008) sought to investigate whether having indoor plants in the office and having windows overlooking green landscapes could influence employees’ job satisfaction levels. The underlying motivation was that recreating a natural environment in the office or exposure to one could reduce employees’ stress levels by creating a calming and comfortable working environment to foster job satisfaction. The study results showed that employees perceive work environments exposed to nature as more comfortable, consequently influencing their job satisfaction and quality-of-life scores. A more recent study by Toyoda et al. (2019) corroborates the finding that plant or nature-oriented work environments enhance employee well-being by reducing office workers’ psychological and physiological stress. The author identified three levels of involvement that can help with promoting mental health in the workplace. These include passive observance, the prescribed activity of staring at the plant, and active involvement in selecting and caring for the office plant (Toyoda et al., 2019). These observations within a work setting context align with the SRT and ART functional mechanisms of stress management.
Nonetheless, the findings are not always consistent, as some authors find a very minimal association between nature exposure and improved performance and mental well-being. Bringslimark et al. (2007) carried out a study to explore the potential benefits of placing indoor plants in a work setting. The findings indicated a minimal association between nature exposure and proxies for employee well-being like self-reported stress, sick leaves, and productivity. These may infer that nature may not significantly impact mental health and well-being, as indicated in the SRT and ART theories. Authors like Korpela et al. (2017) and Lottrup et al. (2012) corroborate the outcomes by finding limited support for the link between employee well-being over time and nature exposure in a work setting. These investigations show that nature exposure studies can only explain a small portion of stress reduction variance within work settings. These studies may have differing opinions on the significance of nature/plant exposure in work settings to improve employee well-being and productivity. However, it is important to acknowledge that they do not return negative associations, meaning that nature exposure does have relevance in psychological and physiological balance. Furthermore, most people spend much time at work over their lifespans, inferring that these small associations could culminate in an overall significant impact in the long term.
It would be plausible that the pattern is limited to the work and office setting context, so exploring other stress settings would be appropriate to elucidate the outcome in other stress-associated settings. However, partial positive findings are consistent with the meta-analytic review conducted by McMahan and Estes (2015). An excellent example is school and learning institution contexts. Here, class and learning settings, including high expectations for success, schoolwork, low performance, fear of failure, and conflict, impose pressure on students, possibly leading to stress (Deb et al., 2015; Hirvonen et al., 2019). In one study, Daly et al. (2010) investigated the impact that indoor plants would have on student reading, spelling, and analytical outcomes. The results reported a 10-14% improvement, which categorizes as significant progress by educationists. The results also exhibited a lack of change in one of the schools. However, it could be perhaps due to the active gardening program involving ornamental and vegetable species, meaning that students were already exposed to nature and had a continuing relationship with it compared to those introduced to nature during the investigation.
Further studies have explored various other attributes related to the learning institution environment, focusing on performance, creativity, health, and well-being. The study by Studente et al. (2016) examined various attributes associated with nature, such as the use of live plants, nature views, and the color green and their impact on visual and verbal creativity. The results found that exposure to nature enhanced visual creativity among students and no impact on verbal creativity. There are three critical implications to these findings. The first is that it proves exposure to nature or green landscapes can improve creativity, which is a core tenet of performance as part of the critical thinking ability that enhances achievement (Gajda et al., 2017). The second inference is that creativity is domain-specific, meaning that practitioners must take caution in the approach used to mitigate stress. Some stress management methods may not have any impact if directed to the wrong domain (Studente et al., 2016). Nonetheless, the research does acknowledge that nature exposure has a positive impact on creativity but can also extrapolate to infer positive outcomes on well-being – the third implication. The assertion stems from Schutte et al.’s (2017) revelation that there is a significant relationship between visual stimulation or exposure to green landscapes and students’ positive affect and well-being. These observations
Aside from the work and educational contexts, using nature in stress management has also received attention for its use in general contexts. Given the progression of contemporary living and conditions, there is a need to evaluate the consequence of nature exposure and interior plants’ use in practice. The positive outcomes within learning institutions reflect those observed within the work context. Earlier studies like Lohr et al.’s (1996) observed a general impact of using interior plants on productivity. The research proved that plants and nature could resolve attention deficits and foster greater reaction times to tasks requiring some visual concentration. They can do so because the visual stimulation of plants possesses physiological and psychological relaxing effects, as observed in Ikei et al. (2014). The study recommended using foliage plants to help shift the sympathetic/parasympathetic balance to improve mood as a simple method strategy for reducing stress and improving mental health for high school students.
Park & Mattson (2009) at a similar conclusion but within hospital settings, noting the therapeutic value possessed by plants in hospital environments. Plants provide a non-invasive, affordable, and effective complementary medicine for surgical patients. The authors recommended their use to medical practitioners to enhance the healing environment for their patients. Lee et al. (2015) explain how this therapeutic mechanism operates in their study The therapeutic mechanism through which this occurs. The authors found that using interior plants in places requiring significant mental effort can reduce mental strain. Plants suppress the sympathetic nervous system activity and diastolic blood pressure, thereby promoting comfortable, soothing, and natural feelings that enhance one’s self-control. In so doing, individuals can more realistically and practically engage tasks with optimal outcomes.
In conclusion, there appears to be a bulk of literature that supports the idea that exposure to nature, green landscapes, or the use of interior plants in different settings induce positive feelings and mood, reducing or preventing instances of stress among individuals. The available literature has not yet identified any observation suggesting a negative relationship as yet. However, more empirical research should help provide a more comprehensive and detailed understanding of the potential benefits natural environments provide when dealing with stress. Nonetheless, the current literature supports its use as a stress management approach, even with minimal improvements as there is no notable shortcoming or loss from its application.
References
Bratman, G. N., Anderson, C. B., Berman, M. G., Cochran, B., De Vries, S., Flanders, J., … & Daily, G. C. (2019). Nature and mental health: An ecosystem service perspective. Science advances, 5(7), eaax0903.
Bringslimark, T., Hartig, T., & Patil, G. G. (2007). Psychological benefits of indoor plants in workplaces: Putting experimental results into context. HortScience, 42(3), 581-587.
Cool, J., & Zappetti, D. (2019). The physiology of stress. In Medical Student Well-Being (pp. 1-15). Springer, Cham.
Daly, J., Burchett, M., & Torpy, F. (2010). Plants in the classroom can improve student performance. National interior plantscape association.
Deb, S., Strodl, E., & Sun, J. (2015). Academic stress, parental pressure, anxiety and mental health among Indian high school students. International Journal of Psychology and Behavioral Sciences, 5(1), 26-34.
Dravigne, A., Waliczek, T. M., Lineberger, R. D., & Zajicek, J. M. (2008). The effect of live plants and window views of green spaces on employee perceptions of job satisfaction. HortScience, 43(1), 183-187.
Everly, G. S., & Lating, J. M. (2019). The anatomy and physiology of the human stress response. In A clinical guide to the treatment of the human stress response (pp. 19-56). Springer, New York, NY.
Ewert, A., & Chang, Y. (2018). Levels of nature and stress response. Behavioral Sciences, 8(5), 49.
Gajda, A., Karwowski, M., & Beghetto, R. A. (2017). Creativity and academic achievement: A meta-analysis. Journal of Educational Psychology, 109(2), 269.
Hirvonen, R., Yli-Kivistö, L., Putwain, D. W., Ahonen, T., & Kiuru, N. (2019). School-related stress among sixth-grade students–Associations with academic buoyancy and temperament. Learning and Individual Differences, 70, 100-108.
Ikei, H., Song, C., Igarashi, M., Namekawa, T., & Miyazaki, Y. (2014). Physiological and psychological relaxing effects of visual stimulation with foliage plants in high school students. Advances in Horticultural Science, 111-116.
Jiang, B., Chang, C. Y., & Sullivan, W. C. (2014). A dose of nature: Tree cover, stress reduction, and gender differences. Landscape and Urban Planning, 132, 26-36.
Jiang, B., He, J., Chen, J., Larsen, L., & Wang, H. (2020). Perceived Green at Speed: A Simulated Driving Experiment Raises New Questions for Attention Restoration Theory and Stress Reduction Theory. Environment and Behavior, 0013916520947111.
Korpela, K., De Bloom, J., Sianoja, M., Pasanen, T., & Kinnunen, U. (2017). Nature at home and at work: Naturally good? Links between window views, indoor plants, outdoor activities and employee well-being over one year. Landscape and Urban planning, 160, 38-47.
Lee, M. S., Lee, J., Park, B. J., & Miyazaki, Y. (2015). Interaction with indoor plants may reduce psychological and physiological stress by suppressing autonomic nervous system activity in young adults: a randomized crossover study. Journal of Physiological anthropology, 34(1), 21.
Lohr, V. I., Pearson-Mims, C. H., & Goodwin, G. K. (1996). Interior plants may improve worker productivity and reduce stress in a windowless environment. Journal of environmental horticulture, 14(2), 97-100.
Lottrup, L., Stigsdotter, U. K., Meilby, H., & Corazon, S. S. (2012). Associations between use, activities and characteristics of the outdoor environment at workplaces. Urban Forestry & Urban Greening, 11(2), 159-168.
McMahan, E. A., & Estes, D. (2015). The effect of contact with natural environments on positive and negative affect: A meta-analysis. The Journal of Positive Psychology, 10(6), 507-519.
Ohly, H., White, M. P., Wheeler, B. W., Bethel, A., Ukoumunne, O. C., Nikolaou, V., & Garside, R. (2016). Attention Restoration Theory: A systematic review of the attention restoration potential of exposure to natural environments. Journal of Toxicology and Environmental Health, Part B, 19(7), 305-343.
Park, S. H., & Mattson, R. H. (2009). Ornamental indoor plants in hospital rooms enhanced health outcomes of patients recovering from surgery. The journal of alternative and complementary medicine, 15(9), 975-980.
Ratcliffe, E., Gatersleben, B., & Sowden, P. T. (2013). Bird sounds and their contributions to perceived attention restoration and stress recovery. Journal of Environmental Psychology, 36, 221-228.
Suri, D., & Vaidya, V. A. (2015). The adaptive and maladaptive continuum of stress responses–a hippocampal perspective. Reviews in the Neurosciences, 26(4), 415-442.
Toyoda, M., Yokota, Y., Barnes, M., & Kaneko, M. (2019). Potential of a Small Indoor Plant on the Desk for Reducing Office Workers’ Stress. HortTechnology, 1(aop), 1-9.
Tsigos, C., Kyrou, I., Kassi, E., & Chrousos, G. P. (2016). Stress, endocrine physiology and pathophysiology. In Endotext [Internet]. MDText. com, Inc..
Ulrich, R. S., Simons, R. F., Losito, B. D., Fiorito, E., Miles, M. A., & Zelson, M. (1991). Stress recovery during exposure to natural and urban environments. Journal of environmental psychology, 11(3), 201-230.
- Critical Analysis of Google HR Policies
Every department must have a working policy detailing how to achieve objectives in the organization’s interest, including its workforce (Joshi, 2013). HR policies are an outcome of these working principles and rules of conduct governing the firm’s relationship with its employees. There are two perspectives from which do discuss Google’s HR policies. The first is the employee motivation perspective, which essentially focuses on how the company motivates employees and creates a comfortable working environment. According to Thomas & Karodia (2014), Google’s ability to attract a talented workforce stems from its attractive packages, which act as the pull factor. It offers employees competitive salaries, bonuses, and stock awards at regular time intervals. It also encourages and rewards outstanding performance achievement amongst the employees. The Google campus has a series of facilities, leisure and recreational activities, and benefits to promote a comfortable working environment, enhance employee wellbeing, creativity, and consequent performance (Samani et al., 2014; Aksoy, 2017). Google also offers its employees flexible work hours, work from home opportunities, telecommuting, and generous vacation policies to help maintain a proper work-life balance, reducing stress and increasing job satisfaction levels and performance (Adnan Bataineh, 2019). Finally, Google also offers employees career development opportunities by emphasizing 20% work, allowing them to dedicate 20% of their time to be creative and innovative. It an exciting feature for existing and prospecting employees, as it provides them with some level of autonomy, thus serving as an attractive tool to retain employees in the organization (Thomas & Karodia, 2014)
Continue readingIntroduction
Employment is crucial in ensuring that human needs are addressed. Employment refers to any connection between two people or an individual and a company that governs labour performance for a fee paid by the person or company who benefits from the job. In an employment relationship, employment rules preserve the working connection between the parties involved and control all actions resulting from the relationship. They primarily serves to safeguard both parties engaged in employment contracts.[1] Any breach of the employment contract can result in legal or disciplinary action, as agreed upon before the employment agreement.
Continue readingFinal Word Count: X / 1300 words
RQ: How do sportswear clothing brands respond to the stakeholder pressure for more CSR?
1. How did companies respond to the arising stakeholder pressure that comes by effectively conducting responsible and effective CSR?
2. How did companies deal with the social impact of CSR?
3. How did companies adapt with the new protocols to help cope with stakeholders’ expectations in regards to CSR?
PART A: ANALYTICAL STRATEGY
i) Explain and justify the analytical strategy suitable for the proposed qualitative multiple-case study research design in the Group Assignment. Insert the codebook for the study in Appendix 1.
Think about the topics we covered in the class related to chapter 5 of Yin (2014) and chapter 4 of Miles et al. (2013). The supplementary sources in the Qualitative Research Design Readings are also of interest for this task.
Recommended word count: 200 words
Continue readingIntroduction
Pressure from stakeholders occurs in diverse ways and on critical issues of governance, sustainable development protocols of environmental concerns, and in the reporting and management concerns. For instance, governance oversight agencies often seek responsive management and corporate leadership to eliminate sweatshop practices. The sourcing of materials and components for the production of diverse garments and dyes ought to respect established environmental protection rules. The UN Global Compact and sustainability indices are a vital international benchmark mechanism for rating and ranking organizations on their impact on society through their strategic initiatives on CSR. The need to comply with stakeholder demands is paramount to the success of the businesses because the industry is highly profitable, and varied stakeholders have diverse conflicts that require effective deliberation and apportionment of responsibilities on ethical concerns. Pressure from stakeholders thus implies the corporations have to constantly invest in suitable promotion, effective public relations, and suitable brand management through direct initiatives of CSR.
Continue readingAccording to the World Health Organization (WHO), schizophrenia affects 1 in 300 (approximately 24 million) people worldwide, causing psychosis and compromising their cognitive capacity, behavior, and moods (World Health Organization). The article Theory of Mind in Schizophrenia by Mirjam Sprong, Patricia Schothorst, Ellen Vos, Joop Hox, and Herman Van Engeland investigates the theory of mind and its relationship to schizophrenia, concluding that the “theory of mind is impaired in individuals with schizophrenia” (Sprong et al. 5). The primary goal of the article is to “assess the magnitude of the deficit and analyze associated factors,” as well as to “investigate the extent of mentalizing impairment in people with schizophrenia” (Sprong et al. 5,10).
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