Tuesday, December 24, 2019

The Effects Of Workplace Stress On The Workplace - 1472 Words

Introduction â€Å"Work stress is one of the oldest issues in organizational psychology and is considered one of the most severe occupational injuries in modern society† (Chou, Chu, Yeh, Chen, 2014, p. 115). Overcoming this severe issue of workplace stress is an important topic to discuss. It is defined as the events or circumstances that cause strain to an employee, which can result in physical, mental, and emotional consequences (Dextras-Gauthier, Marchand, Haines, 2012; Nà ¤gel, Sonnentag, Kà ¼hnel, 2015). When referring to an individual’s career, stress can create negative outcomes if it is not effectively managed. For example, within the social service organizations, it is important that there are effective stress management interventions†¦show more content†¦The results of burnout show that there can be damage to an individual’s physical health and cognitive functioning. Studies found that there is a connection between chronic work stress and job strain, wh ich results in employee sick leave and the inability to function effectively (Deligkaris, et al., 2014). In addition, results of burnout can affect the organization and the clients, due to the possibility of inadequate services being provided or a high increase in turnover. Another negative impact to consider when it comes to stress is organizational constraints. Pindek and Spector (2016) show that organizational constraints are â€Å"conditions in the work that inhibit, interfere with, or fail to support an individual’s performance of job tasks†, which results in workplace stress that is linked to the strain felt by the employee (p. 7). There are various ways that organizational constraint can create workplace stress. First, organizational constraint can be caused by having an inadequate amount of resources (Pindek Spector, 2016). Providing resources to the employees allows them to be successful in accomplishing their tasks. In addition, organizational constraints can be caused by poor interpersonal interactions, which can make assigning tasks difficult. Furthermore, Pindek Spector (2016) state that increasing interventions thatShow MoreRelatedThe Effects Of Stress On The Workplace1563 Words   |  7 PagesEmotions in the workplace pla y a crucial role in how organizations communicate within and to the outside world. Emotional states in the workplace have strong influence on the outcomes and dictates behaviors and attitudes within organizations. Positive emotions help employees attain favorable outcomes including job enrichment, achievement and higher quality social context. There is smooth relationship in the workplace when there are positive emotions. Negative emotions on the other hand change theRead MoreThe Effects Of Stress On The Workplace2472 Words   |  10 PagesThe word stress is defined as a state of mental or emotional strain or tension resulting from adverse or very demanding circumstances. The world is full of endless opportunities; we are allowed to pursue anything in life through hard work. This is something that is emphasized early in life through school. Generally not everyone is informed of the stresses of certain routes chosen in life through occupations. There is now ways to find out how stre ssful jobs are. Schools are providing classes requiredRead MoreThe Effects Of Stress On The Workplace1398 Words   |  6 Pagesâ€Å"Stress is the body’s response to any change that requires an adjustment or response. The body reacts to these changes with physical, mental and emotional responses. Stress is a normal part of life.†(WebMD UK) Stress is the feeling of being under too much mental or emotional pressure. Pressure turns into stress when one feels unable to cope. For workers everywhere, the economy may feel like an emotional roller coaster. Layoffs and budget cuts are common in the workplace, and the result is increasedRead MoreThe Effects Of Stress On The Workplace2212 Words   |  9 Pagesand demands. Stress isn’t always bad, many times it can help people while they are performing under pressure since it will motivate them to do their best. Scientists use the term stress to refer to any force that impairs the balance of bodily functions. From this d efinition, the definition of job stress was formed. Job stress can be defined as the harmful physical and emotional responses that occur when the requirements of the job do not match the needs of the worker. When stress begins to becomeRead MoreThe Effects Of Stress At A Workplace1503 Words   |  7 PagesThis essay examines the impact of stress at a workplace. Stress has turned into a swarming highlight of individuals life in cutting edge world. The present day world which is said to be a universe of accomplishments is additionally a universe of stress. Stress is all over, whether it is in the family, business association, venture, organization or some other social or monetary movement. Right from conception till death, an individual is perpetually presented to different unpleasant circumstancesRead MoreThe Effects Of Stress On The Workplace Stress1387 Words   |  6 PagesWorkplace stress comes in endless types of reactions and is different from employee to employee. Accordin g to Hitt, Miller, Colella in Organizational Behavior, stress is a feeling of tension that occurs when a person perceives that a situation is about to exceed her ability to cope and consequently could endanger their well-being. Job stress is the feeling that one’s capabilities, resources, or needs to not match the demands or requirements of the job. In today’s world everybody deals with some sortRead MoreThe Effects Of Stress On The Workplace2214 Words   |  9 PagesStress is the body’s reaction to a mental/emotional strain subsequently from favourable or unfavourable conditions. â€Å"Workplace stress can be defined as the harmful physical and emotional responses that occur when the requirements of the job do not match the capabilities, resources, or needs of the employee.† (Nonprofitrisk.org, 2014). Stress is becoming an emerging issue within businesses and organisations as it causes damages such as sickness absenteeism, poor efficiency and more if not managedRead MoreThe Effects Of Workplace Stress On The United Kingdom Courts8122 Words   |  33 PagesThis study examined workplace stress in a random sample of litigated cases heard in the United Kingdom courts. The majority of claims related to clinical depression. The alleged causes of workplace stress most commonly cited in litigation included: excessive workload, followed by poor management practices, organisational, economic or technical change, aggressive management style, and bullying by co-workers. The presence of effective workplace stress management policies were important interventionsRead MoreThe Problems, Effects, and Solutions to Workplace Stress for Holland’s Automotive Repair2132 Words   |  9 Pagesexamines the problems, effects, and solutions to workplace stress. In addition, I will explain risk assessment, management, and prevention. Finally, I will review coping strategies for workplace stress. Holland’s Automotive Repair has seventy-seven people of a wide diverse nature. Internal research shows many employees are suffering from workplace stress. External research focuses on several studies, models, and theories of workplace stress effects. Workplace stress causes problems such asRead MoreEssay on Stress In The Workplace532 Words   |  3 Pagesaffects that stress can have on an employees performance and are offering different programs to help employees manage stress in their lives. This approach is proving to increase workplace performance, as well as improve employee loyalty and retention in the long run. What Causes Stress? Causes and Concerns Stress has been defined as a physiologic reaction to uncomfortable or unaccustomed physical or psychological stimuli. The biological variations that can result from stress of the sympathetic

Monday, December 16, 2019

Game Industry Forecast Shows Solid Growth Free Essays

The global game industry will generate $60 billion in revenue for 2011, and is growing at 10% annually according to a new research report by industry analyst Colin Sebastian for RW Baird. That growth rate should see overall industry revenue hit $80 billion by 2014, but the some areas of the business will remain flat or even decline, while other areas will be growing at an annual rate of 15% to 20%. The growth areas that Sebastian sees are in online and mobile games, â€Å"driven primarily by downloadable content (DLC) and mobile games† and social games to a lesser extent. We will write a custom essay sample on Game Industry Forecast Shows Solid Growth or any similar topic only for you Order Now These areas will be growing annually at a rate of 15% or more for the next several years, Sebastian believes. Unfortunately, other areas of the game business won’t be faring as well. He sees packaged software sales staying flat this year, with the growth in Xbox 360 and PS3 sales being offset by the decline in Wii and handheld game sales. This quarter will see strong sales with many big titles coming out, but that positive sales picture will only be enough to pull the sales out of the loss category for the year. The good news for the game business is that it’s the only media business with a strong positive growth forecast for the next several years. Newspapers, magazines, music, TV and other media businesses are struggling with the transition to a digital distribution model, but the high level of innovation in the game industry has kept the overall picture positive. That’s not to say there are no problems; Sebastian sees â€Å"many video game companies will continue to struggle through this transition. † Sebastian sees the mobile market as bringing in $2 billion in revenue this year, with growth continuing due to rapid adoption of smartphones and tablets. He cites studies showing that games are the leading applications on smartphones, and consumers consumers have been very willing to pay for games or for in-app purchases with â€Å"freemium† hgames, which now represent the majority of revenues for mobile games. Sebastian believes tablets can be the next great market for games, given that the form factor is better than a smartphone for playing games. Studies also show that gaming is the number one usage of tablets, with over 70% of tablet owners playing games on the devices. The difficult business climate for traditional game companies means there are fewer clear winners to invest in right now. Sebastian sees GameStop as a good holiday play given the large number of AAA titles coming out this quarter, and beyond that he picks Activision and Electronic Arts as the best performers for long-term investors, followed by Take Two. The nature of the game market is changing in the USA, according to studies cited by Sebastian. He points to the Entertainment Software Association study showing 72% of US households play games, with the average age of gamers being 37. Additionally, more than half of gamers play on their phones and other handheld game devices, and women now represent 42% of the gamer population. † It’s a far cry from the traditional â€Å"our market is teenage boys of all ages† that used to be the only demographic for game companies to care about. Sebastian sees hope for the core games segment, in that the broad appeal of casual games may get more people interested in gaming, and eventually looking for the deeper experiences that console games and PC games can offer. He sees the PC game market doing better in 2012, mostly on the strength of hit releases like Diablo III. Handheld devices, lead by the Nintendo 3DS and the Sony PSP (and soon the PS Vita) will be flat in 2012, with the launch of the PS Vita helping to offset the shift to smartphones, at least for a while. Sebastian believes the PS Vita may be able to take the leading position from the 3DS. Finally, Sebastian sees social games continuing to grow and develop in depth and richness, eventually being able to appeal more to core gamers. Console games will add more social elements, too, and eventually social games outside of Facebook will become more popular. He sees growth rates surpassing 10% annually for the next 3-5 years. The current leaders are Zynga, with 262 million monthly average users (MAU), followed by Electronic Arts with 203 million MAU. Overall, it’s a complex portrait of a rapidly growing and changing industry. Clearly there are dangers ahead for many companies as business models are changing, and once-profitable businesses are seeing their audiences depart for other types of gaming. Successful companies will be the ones who stay flexible as conditions continue to change rapidly. What’s your opinion on the future of the game industry? How to cite Game Industry Forecast Shows Solid Growth, Essays

Sunday, December 8, 2019

Accounting Software (MYOB) used in Australia

Question: Describe about the Report for Accounting Software (MYOB) used in Australia. Answer: Introduction Lin and Beck (2012) stated that the implementation of small business accounting (SBA) software has common among small as well as medium sized enterprises as it becomes technically reasonable. Ng, Harrison and Akroyd (2013) argued that implementing accounting software from many available software packages is vital for small industries. The issues are lack of exterior direction as well as support and the lack of accounting abilities are identified as the main issues faced by the small businesses in the process of executing SBA software. The exterior consultants are playing the major role in implementation of SBA software. This literature review on accounting software used in Australia summarizes the history of those software and its development and adoption areas. The current market size of the Australian software is summarized to identify the leaders within the market. The competitive advantage of the accounting software is discussed to identify the current gaps as well as challenges in the small business sectors. Finally, further recommendations are given to overcome the issues in those software packages. History of the Accounting Software used in Australia In the year 1886, the founding fathers of the accounting software discusses the future of the accounting profession. To achieve this vision, Certified Practicing Accountant of Australia was born (Myob.com.au 2015). The MYOB (Mind Your Own Business) is the software that is used in the small business accounting software product developed by Christopher Lee in the United States in the year 1980. The Australian business organizations are replaced their paper based work in the area of accounting into cloud based accounting system. Around 67 percent of the accounting business are moved their business into cloud (Myob.com.au 2016). In the year 2008, MYOB launched a new package of the online services as well as domain registration. Development and Adoption MYOB is the leader within cloud accounting for the SME in Australia. With a $40 million investment in the research and development, it is continued to expand their cloud offerings in order to meet with the SME. According to Myob.com.au (2014), MYOB introduces innovative mobile solutions such as MYOB PayDirect, it is the first for credit card payments on the Smartphone. MYOB launches first cloud ERP solution for the SME. MYOB advanced is the ERP solution planned for the mid to the large businesses (myob.com 2015). The features of this ERP solution is a browser interface which offers various functionality for the employees, clients as well as employers. With the implementation of the ERP solution, most of the organizations those are using MYOB gets a robust high speed of broadband network to provide accurate financial solutions. According to ABC News (2015), the experts at 4mation Technologies connect the website as well as customer web based software to the MYOB accounting software package. It is done so that the data are flowing instantly. The websites of e-commerce as well as booking system orders are imported into MUOB, product data as well as inventory records are synchronized between the website as well as MYOB (Myob.com.au 2013). The customer staff intranet systems and other back end office software are integrated with the accounting software package to update the details in payroll, update of timesheet as well as attendance records. This software package also developed the process of prepare tax and payments automatically. Current Market Size MYOB invested AU$29.3 million in the research and development and it increases in 2013. It invests AU$5 million in order to integrate BankLink products into the MYOB accountants office as well as accountants enterprises suites and accelerates their move towards online (Blog.rgtechnologies.com.au 2014). MYOB holds a market share of approximately 60-70% for the SME and 60-70% for the public accountants by revenues and sales. According to Myob.com.au (2013), MYOB seeks to rise to $833.3 million with an initial public offer. It becomes the biggest ASX technology float of 2015, the Melbourne-headquartered company values up to $2.69 billion. Even according to the chief executive of MYOB, the company has taken enormous strides within recent years under the ownership of Bain Capital. This accounting software makes significant investment in research and development in the business in order to innovate and drive leadership through the range of cloud accounting solutions (Myob.com.au 2015). Usi ng their cloud based products, the company, MYOB claims more than 116,000 paying subscribers in the year 2014. The accounting software package pushes into larger business and hence due to adoption of first cloud ERP product, they become attractive to the integrators. Identify the leaders in the market Armitage, Webb and Glynn (2016) stated that as the leading provider of the online business management solutions, MYOB becomes one of the leaders in the Australian accounting software. This software helps the businesses to provide online business management solutions for 1.2 million clients across Australia. The software package becomes a leader in the enterprise market by delivering ERP as well as human resource management software over 7000 clients. According to Myob.com.au (2016), MYOB is the strongest contender in the market of accounting software package. It is an established world leader within the ERP market. This accounting software package has strong network of trusted, local partners, third party developers as well as authorized partners in the market of Australia. This software package has offered local support as well as training to the workers. Competitive Advantage of the Accounting Software MYOB gains a competitive advantage in the Australian accounting software packages due to some of accounting features. It has greater speed of input. This software automates manual accounting processes, which waste time and money. Lin and Beck (2012) stated that the manual accounting system requires various entities of same information. Therefore, this software synchronizes the information and decreases the time consuming practices by automating credit notes, payroll and acquire orders (Ng, Harrison and Akroyd 2013). This software package has greater accuracy for effective financial management. It automates the manual processes and reduces the human errors. The most important competitive factor of MYOB is that it reduces both financial as well as operational expenditure (Curtis 2015). When the organization uses MYOB cloud solution, it eliminates the maintenance cost, updates and backups. Therefore, most of the organizations prefer to use this accounting software solution for their acc ounting operations. Identification of current gaps and challenges The major concern for the cloud accounting system such as MYOB is the safety of data. It is due to the reason that online content is susceptible to the hackers and threats. According to Macpherson (2012), MYOB invests in the security architecture as well as design, but most of the organizations are not affording the security level that MYOB offers. This software solution is not novice friendly. The workforce of the organization should be trained on the software to avoid inefficient manual processes. As most of the organizations are not taking advantage of cloud automation, then it is critical for staff training (Blog.rgtechnologies.com.au 2014). MYOB offers free webinars to the essential users. Suddenly, in the year 2012, MYOB faces a wide backlash as it released a bug-ridden upgrade that put the future of the platform at risk. That year the accountants partners are refused to recommend this software package as it becomes slow, contains of bug and breaks existing application integrat ions. Recommendations The following are the recommendations that are suggested to the users who are using the Australian accounting software (MYOB) for their financial and accounting purposes such as: MYOB should require investing in the architecture of data security as well as design. The accounting software package should require improving their online services so that the software becomes useful in the SME. MYOB should add various features to their accounting software version such that the international partners and users should also use it. MYOB should also undergo training to the users who are going to use it at the first time. Therefore, the software updates knowledge and skills with a current tools software package to help them in a preparation of payroll and tax. MYOB should require using strong authentication technique such that the data are kept secured and remove the bugs. It also improves their operational level and make it faster to operate. Conclusion It is concluded that MYOB is competing within the Australian accounting software package market. This software is not only used for the accounting purposes, but it is also useful to take managerial decisions in order to gain a competitive advantage. Among all the accounting software packages, MYOB is rated as a top with gaining a market share of 60-70%. The benefits of this software are that it gains cloud-computing solutions that give the employees ability to work on organisational content. This software package is accessed anywhere and anytime with greater speed of input, reduces costs as well as increases accuracy. Apart from the benefits, this software also faces challenges such as data security and it is not novice friendly. MYOB also offers office training by offering day courses as well as online seminars. It provides cost-effective solutions to the organizations in order to eliminate the manual processes and develops a strategic future for the company. References ABC News, 2015.MYOB shares rise on market debut. [online] ABC News. Available at: https://www.abc.net.au/news/2015-05-04/myob-shares-rise-on-market-debut/6442986 [Accessed 12 Aug. 2016]. Armitage, H.M., Webb, A. and Glynn, J., 2016. The Use of Management Accounting Techniques by Small and Mediumà ¢Ã¢â€š ¬Ã‚ Sized Enterprises: A Field Study of Canadian and Australian Practice.Accounting Perspectives,15(1), pp.31-69. Blog.rgtechnologies.com.au, 2014.MYOB: Benefits and Challenges for your Organisation. [online] Blog.rgtechnologies.com.au. Available at: https://blog.rgtechnologies.com.au/myob [Accessed 12 Aug. 2016]. Curtis, V., 2015.MYOB Software for Dummies-Australia. John Wiley Sons. Lin, Z. and Beck, M.B., 2012. Accounting for structural error and uncertainty in a model: An approach based on model parameters as stochastic processes.Environmental Modelling Software,27, pp.97-111. Macpherson, S., 2012.Backlash against MYOB. [online] The Sydney Morning Herald. Available at: https://www.smh.com.au/it-pro/business-it/backlash-against-myob-20120222-1tn1c.html [Accessed 12 Aug. 2016]. myob.com, 2015.Defining the challenges of a growing business. [online] www.myob.com. Available at: https://www.myob.com/content/dam/myob-website/docs/enterprise/industry-whitepapers/GROWING-BUSINESS-WHITEPAPER,3.pdf [Accessed 12 Aug. 2016]. Myob.com.au, 2013.News Media Releases. [online] Myob.com.au. Available at: https://myob.com.au/myob/news-1258090872838?articleId=1257830989162 [Accessed 12 Aug. 2016]. Myob.com.au, 2014.News Media Releases. [online] Myob.com.au. Available at: https://myob.com.au/myob/news-1258090872838?articleId=1408831212290 [Accessed 12 Aug. 2016]. Myob.com.au, 2015.What is MYOB? Mind Your Own Business | MYOB. [online] Myob.com.au. Available at: https://myob.com.au/myob-1258090781426 [Accessed 12 Aug. 2016]. Myob.com.au, 2016.MYOB data file repair services. [online] Myob.com.au. Available at: https://myob.com.au/business/customer-service-support/support/company-data-file-repairs-1258090985356 [Accessed 12 Aug. 2016]. Ng, F., A. Harrison, J. and Akroyd, C., 2013. A revenue management perspective of management accounting practice in small businesses.Meditari Accountancy Research,21(2), pp.92-116.