Book Summary Essay Example for Free

Book Summary Essay The book I chose to read was â€Å"When I Say No, I Feel Guilty† by Manuel J. Smith. The first thing to stand out to me in this book was it seemed a little outdated. Even though the writing style and the examples appeared to be from a different era, I was still able to see how different points were relevant today and to me personally. This title screamed my name when I was browsing the list of choices because no matter what I am saying no to, I always feel guilty. From the first moment that we can feel and translate emotions, we have been manipulated by others. We have grown up under the sense that we should feel certain ways about particular actions. We forget to a chore when we are young, we should feel guilty. We bring a bad grade home on out report card, we should be scared of getting in trouble. Many activities are labeled either good or bad and we should portray emotions to match. As a manager, you should try to keep commands or statements neutral. A neutral statement is one that doesn’t assign the label of good or bad to a behavior so the recipient will not feel manipulated. Everyday, people try to manipulate you into doing what they want by making you feel nervous, uninformed, or blameworthy. If you let them push you around you will feel frustrated, angry or depressed. When you permit others to control your actions, you renounce your sense of personal responsibility. Smith states that the first step in fixing the situation is to know that â€Å"no one can manipulate your emotions or behavior if you don’t allow it to happen. † Also, following the Bill of Assertive Rights will help lead to non-manipulative relationships in all situations. The rights are the basis for all healthy relationships and are listed as: You have the right to judge your own behavior, thoughts and emotions, and to take the responsibility for their initiation and consequences upon yourself. You have the right to offer no reasons or excuses for justifying your behavior. You have the right to judge if you are responsible for finding solutions to other people’s problems. You have the right to change your mind. You have the right to make mistakes – and be responsible for them. You have the right to say, â€Å"I don’t know†. You have the right to be independent of the goodwill of others before coping with them. You have the right to be illogical in making decisions. You have the right to say, â€Å"I don’t understand†. You have the right to say, â€Å"I don’t care†. The first right is the foundation of all of the remaining rights. When you become your own judge, you help to build a barrier against manipulation. Judgements should be based on your values and not external systems of what is right or wrong. People base their manipulative actions on the belief that you should live up to their rules. If you are accepting of this situation, you open yourself up to a limitless variety of manipulation. Criticism is a common tool people use to get someone to behave according to their standards. Reactions to criticism can be negative with anxiety, denial, and defensiveness. Learning to take criticism in a constructive manner helps to avoid manipulation. Verbal coping methods to help accept criticism effectively are fogging, negative assertion, and negative inquiry. Fogging is when you only agree to the truths in a statement and respond to what someone has specifically stated rather than what is implied. A negative assertion is statement that takes responsibility for something you have done wrong. It takes courage to make a negative assertion and say, I’m sorry. Last, using negative inquiry encourages the critic to reply assertively instead of manipulatively. This tactic is typically used to ask for additional information about a critique. There are also different types of relationships that fall into three categories, commercial, authority, and equality. Basic verbal skills used to minimize manipulation do not change as problems are handled throughout these different relationships. Commercial relationships are clearly defined with a contract. Since this type of relationship follows a defined structure an assertive verbal skill works most effectively. In an authority relationship there is one person in charge while the other is not. Authority based relationships emphasize finding compromises that grow on existing interpersonal dynamic. Both parties are equal in an equality relationship. This relationship is the most informal and tends to have everything open for discussion. Thoughtful open communication reassures people that you will not hinder their decision making, even if you may disagree. The main concept I took away from this book is, it’s my life and what happens in it is completely up to me! I will not cower when I face manipulation. My reactions to particular situations can pave the way for a disaster or a triumph. We must always be in touch with reality to promote our own well-being and happiness. We also have to accept the possibility that changing our mind is completely normal and healthy. Keeping the Assertive Bill of Rights in mind will help to stand up against manipulation and keep our dignity, self-respect, and control over our own behavior. Book Summary. (2018, Oct 21).

Business Analysis Research Paper Example | Topics and Well Written Essays - 2000 words

Business Analysis - Research Paper Example This being the case, a proper review and assessment of the financials of Donna Karan ought to start with a review of the LVMH financials (Google, 2012). It is noteworthy that the key competitors listed for Donna Karan International are ANN Inc .and Giorgio Armani (Hoovers, 2012). Most of the other firms that are grouped with Donna Karan, meanwhile, are private firms, including Calvin Klein, Marc Jacobs, Louis Vuitton North America, Roc Apparel Group, and Lands' End Inc. (Google, 2012). As with ANN and Giorgio Armani, given the private nature of the entities, there is a dearth of information relating to their financials (Hoovers, 2012; Google, 2012). The data on LVMH is more comprehensive financially, and it is from the parent firm that we are able to glean insights into the nature of the financials of LVMH, and indirectly Donna Karan, from the financial statements. From the perspective of the parent firm a few players stand out as the real competition, with comparable market capitali zations. LVMH has the most recent valuation of about US 82.73 billion dollars. This compares with its competitors Christian Dior, at US 25.9 billion dollars; TSI Holdings, at US 56.27 billion dollars; and Hermes, at US 30.45 billion dollars. We can see that among the competitors, LMH has the largest market capitalization, and therefore the largest clout among the firms. A look at the movement of the share price of LVMH over the past five years shows that the share price is about 25 percent off the highs it achieved in 2008, but generally the price is on an upward trend from its lowest points in 2009. At the current price/earnings ratio of 18.63, the share price is undervalued in comparison to competition, such as Lancy, with a P/E ratio of 25.7, even as it is overvalued in comparison to Shejiang Semir, with a P/E ratio of 14.63. Given the high P/E ratio of Lancy, one can make the assumption that there are elements in the underlying financials of LVMH/Donna Karan that has resulted in analysts undervaluing the share price to the level that it stands at present, commanding that kind of P/E ratio. The table below details the comparison of top competitors in the space of Donna Karan/LVMH. It is surprising that LVMH is not commanding a higher share price and P/E ratio, given that its EPS is high in comparison to Lancy (Google, 2012b): Valuation Company name Earnings per  share P/E ratio Mkt Cap LVMUY LVMH Moet Henness... 1.78 18.63 82.73B CHDRF CHRISTIAN DIOR S A F 25.90B MMO1V Marimekko Oyj 0.26 55.63 116.82M 002612 Lancy Co Ltd 1.27 25.70 6.55B 3608 TSI Holdings Co Ltd -204.41 56.27B HESAF HERMES INTL SA 30.45B LTAN Le Tanneur & Cie SA -0.13 27.43M DPT S.T. Dupont SA 0.01 64.86 153.22M 002563 Zhejiang Semir Ga... 1.54 14.63 15.13B TAM Etam Developpemen... 1.83 7.89 115.27M 065060 GNCO Co., Ltd. Table Source: Google, 2012b From the growth ratios, meanwhile, one can see that LVMH has been on a growth tear, plowing back money into growing the business, with the att endant advantages that such growth can bring, including economies of scale, and the ability to rapidly expand profits in the future, from a large revenue base (Reuters, 2012)..    Company Industry Sector Sales (MRQ) vs Qtr. 1 Yr. Ago 25.98 13.75 14.56 Sales (TTM) vs TTM 1 Yr. Ago 22.41

Incident at Morales Essay Example | Topics and Well Written Essays - 500 words

Incident at Morales - Essay Example In addition, Chuck the vice leader of the engineering at the Phaust persuades Martinez to decrease the cost of building in order to save funds for built-up of their products. However, the engineer identifies environmental and technical challenges that could result to health problems to the members of the staff, and to the society around. In this regard, Martinez has no option but to abandon the challenges in order to regulate the construction cost to be able to leave behind funds for the manufacture of paint remover. For instance, Martinez deviated from the engineering principles which demand engineer’s to report to their superiors whenever they identify a hazard. In this regard, Chuck the vice president advised Martinez to reduce the construction cost as much as possible in order for the company to have manufacturing funds (Applegarth). As a result, the engineer ignored many ethical stuffs associating to protection, wellbeing, and the atmosphere. On the other hand, Martinez did not inform his fellow colleagues when the ethical decision was to be made, procedure for the project was not presented in an honest channel, and employee’s contributions were not considered. In this regard, the engineer neglected the environmental issues when acquiring different ingredients for the plant. For instance, he purchased less expensive pipes and connector for construction in order to be able to save money and ignored the repercussion it would cause (Applegarth). By doing this, Martinez failed to apply the engineer’s principles, which require engineers to consider the well-being of the individuals operating in the premise. In this regard, he purchased materials that could not hold out far above the ground hotness, and stress for a long period. In addition, Martinez failed to purchase the best quality sensors from Lutz and Lutz. The sensors failed to