If you’re in the search for a job, then you certainly know the better place to find one. The Internet has given us, job seekers, immense opportunities, saving a great deal of time and effort for job applications. Today, with the support of worldwide job directories, we can find jobs in a large number of countries, suitable to our own preferences and demands. Though the competition may be rigorous, we still cannot feel anything but grateful to the opportunity of finding jobs online.
You can take support of the internet to find employment in Canada. You can simply query the search engine and find what jobs are currently available on the open market or are in demand. Then analyze if your skills match the job offered in Canada or not. But in case, you’re a permanent Canadian resident, you should pay a visit to a few recruitment agencies. You will find these agencies a great help in your quest to reach a right job for yourself.
You simply can’t ignore the logic.
It is more than evident that job searching has been done a lot easier since the arrival of the Internet and the introduction of employment websites. Let’s take for instance, the employment directories for jobs in Canada. You can enter these directories and search for a variety of career opportunities, not to mention get in touch with specialist consultants in the field. The subsections for jobs in Canada allow you to search for jobs by profession and industry, offering you the best search tools you could ever use. This is why you’ll find a job in your field of interest, making sure at the same time that you go for jobs in Canada that are in your city or in nearby areas. jobs in canada?
Recruitment agencies in Canada have understood the power that the Internet has when it is a question of seeking employment opportunities. This is why they have resorted to the services of specialized job directories, providing jobs for Alberta, Nova Scotia, Ontario, Quebec, Yukon, or British Columbia. And if you’re wondering what sort of jobs in Canada you can find online then take a look at the healthcare job sites links, find out more about possible teaching jobs and why not take into account the job opportunities provided by the government. As a student, you can also qualify for the jobs in Canada offered through the Internet, having the opportunity to work as a part-time employee.
Yes, it is a fact that just like you there’s probably thousands of Internet users search for a job. The searching process isn’t difficult and the opportunities are many. Gone are the time when searching for a position was done on foot and with the assistance of the classified ads in the newspaper. We live in a modern society where information is transferred in the wink of an eye and it’s also valid for job offers. And if we have talked a little bit about jobs in Canada, let us see what we can debate about jobs in UK.
It’s no secret that there is a great deal of countries who’ve started to provide job opportunities on the Internet. This is actually one of the major advantages offered by the Internet: we’ll find the job we want, looking at the available job banks and directories in our own rhythm. We do not feel pressured, and then we can compare several job offers much easier. There are plenty of offers out there, as for jobs in UK. Starting with nannies, construction, education, engineering, healthcare, catering and ending with IT, finances, marketing or publication, you can find all the jobs in UK you want if you just have the patience to browse a comprehensive and accurate global job directory. There are a variety of jobs available for England, in Bristol, Cambridgeshire, Cheshire, Essex, London or Manchester. Also, you can look for employment opportunities in Northern Ireland, Scotland or Wales. You can find and search for a wide range of jobs and apply for the advertised positions depending on your studies and relevant expertise in the field.
In order to manage your working capital in an effective manner, make timely payment to your creditors, and keep cash on hand for catering to the limited-term financing needs of business.
Working capital is a financial metric that measures a company’s liquidity and ability to repay short-term loans. It likewise determines the company’s operational efficiency. A business has to effectively manage its working capital to maintain a positive credit standing and reputation in the market.
Before I get to the part about how working capital can be calculated, it is necessary to define a pair of terms related to the determination of working capital.
Current assets are generally those assets which can be liquidated quickly. The general idea is that when you turn to the assets’ edge of the balance sheet, certain items like cash-in-hand, cash at bank, marketable securities, working inventory, etc., fall under current assets.
Moving The Discussion Forward
Current Assets: Current assets are the short term assets of a company. These are utilized within one year. Cash, accounts receivable, inventory, pre, and short term investments-paid expenses constitute the current assets of a company.
Current Liabilities: Current liabilities are the short term liabilities of a company. These are settled within one year. Accounts payable, outstanding expenses, payable taxes and short term loans constitute the current liabilities of a company.
Let’s take an illustration of a fictitious company named’ Tensa International ‘, to learn how to calculate working capital ratio. Suppose the current assets of Tensa International are USD 200, 000 and the current liabilities are USD 150, 000, then the working capital ratio for Tensa International is calculated as current assets / current liabilities, that is, USD 200, 000 / USD 150, 000, which is 1.33.
Ideally, the working capital ratio should be somewhere between 1.2 and 2.0. In case of Tensa International, the working capital ratio is 1.33. This indicates that its current liquidity position is good. However, a very high ratio, that is, above 2, indicates that the business has underutilized current assets, that is, it isn’t investing its assets properly.
On the other hand, negative working capital, that is, working capital ratio which is smaller than one, indicates that the business mightn’t be able to meet its short term liabilities. It shows that the business won’t be in a position to pay its creditors in time. A negative working ratio could also be due to reduced current assets. Negative working ratio should be analyzed very intently, as it might suggest that the sales of a company are going down and hence, accounts receivables are shrinking, thus causing a decrease in the current assets value.
Working capital management is very necessary, for maintaining an ideal ratio. Working capital management is a very important aspect of the financial administration of a company. This is because the investors base their investment decisions on a series of ratios, such as working capital ratio, debt ratios, return on equity ratios, return on investment ratio and return on assets ratio. A business should keep a number of things in mind, for managing its working capital properly. Firstly, the credit period granted to the customers shouldn’t be too long. This will see to it that the business has enough cash in hand from the realized sales. Secondly, to increase its liquidity position, the company itself should ask for longer credit period from its suppliers. Thirdly, the level of inventory maintained by a business shouldn’t be too high or too low. It should be sufficient enough to minimize the overall raw material costs. Fourthly, cash in hand and cash in bank should be managed, in a way that cash holding costs for the business are reduced to a very large extent. These measures will verify that the cash conversion cycle of a company isn’t too much and thus, the company will have enough working capital in hand at any particular time.
An appropriate working capital ratio is essential to the proper functioning of a business. A negative ratio can hamper the future investments of a company, as the investors might think that the business isn’t being run efficiently. Unavailability of enough liquid capital which presents itself in the negative working capital ratio can sometimes, lead to bankruptcy too.
Current liabilities are those liabilities that will have to pay sooner or later. The payment date for current liabilities isn’t fixed. The debt might mature anytime. So, typically, current liabilities is the total of the amount due to the creditors, bills payable, dividend, wages, etc.
I have placed current assets first in the formula as the working capital should be positive, I.e., the sum of the current assets should be greater than that of the current liabilities. It is often twice the sum of the current liabilities to mitigate any unforeseen risk factors.
Negative working capital is also helpful for a company under certain circumstances. Such companies are often better at raising cash as in relation to those with a positive working capital. Also, they’re good at generating free cash flow when the want to raise their revenues. A negative working capital is highly beneficial for a company, particularly if it is planning to reduce its revenue. However, remember that few industries can actually enjoy a negative working capital. It isn’t recommended for the highly risky and expensive automobile industry, for example.
Current ratio often depicts the ability of the company to pay back short-term loans. It helps measure the liquidity of the house.
It is often noted that the acceptable current ratios lie between 1.5 and 3 for healthy businesses. However, ratios may vary between this range for various industries.
So, this was all about calculating working capital. Remember that the working capital amount which hardly involves 4-5 balance sheet items, with usually the lowest amounts in the entire sheet, if ignored, can even lead to bankruptcy or at any rate, lead to short term debt settlement problems. How? If your current liabilities exceed the assets, and you don’t have liquid funds to pay your creditors, then the business might find itself in a real fix. Secondly, the working capital shows the efficiency in running the business. A low capital, generally, indicates that your debtors pay you slowly (your collections are low), while your creditors are a great deal more demanding. Hence, ensure that you get a favorable working capital for your business.
A Forex arbitrage refers to making use of a member of inequality between markets, where a trader can make use of the gap of a certain currency in one market with another to gain profit by buying the currency at a lower price market and selling it off at a higher price market. The inequality is caused by a modification of a currency. This would then affect other currencies in the market as well. However, the difference is only temporary as currencies will need to self-correct themselves with one another in such a way that the inequality will be overcome.
Thus, in order to prevent such market risk, a trader should recognize that the successful Forex arbitrage isn’t simply the question of buying a currency at a lower price market to be sold to a higher price market. The transaction of both the purchase and selling should be made simultaneously because the prices may correct themselves at any instant. This makes the method of using Forex arbitrage trading one that should spotted, decided upon, and traded quickly.
And, have you considered:
Furthermore, there are many other traders using the arbitrage method as well. Since the currencies in a market is dependent on the demand and the provision of a currency, the profit of which one can get will depend on whether other traders are also aiming for the same markets. Your profit may be lower if there are a number of other trades before you. Thus, it is important for one to be quick with their decision while being meticulous with their calculations.
How Would You Have Known?
Active traders are now in a position to trade in large numbers whenever during the day with lesser costs. The stock market is not your only market, the online trader can trade within the futures, Contracts for Difference, currencies, and several other derivatives based upon your location.
Another thing is that these opportunities of which you’ll find profitable gaps don’t come very often. So, this will require you a great deal of patience should you adopt this method. If you miss it, you’ll need to wait some time before finding another profitable opportunity.
With Forex arbitrage systems, you can keep yourself informed and monitored over the different currencies, while having the calculations automatically done for you. It is quicker and more accurate than the human capability. Yet, the presence of the human trader is always important to make the most important decisions. Nevertheless, choose a system that will complement its capacity and your abilities to work hand-in-hand.
Most business owners and finance directors would agree that automating travel expenses could deliver huge returns. It has been estimated that travel and entertainment costs can account for 10 percent of a company’s total operation expenses. By and large, most organizations—small or big—manage their travel expenses data by using traditional methods such as Excel or other spreadsheet software. This is cumbersome. It is also unreliable at some times.
It is in the interest of the company to introduce automated systems to manage travel expenses due to these drawbacks. This would invariably streamline daily, weekly and monthly operations greatly. Most finance managers would recognize that the automation of travel expense management would incur a high price of implementation, but in the long term, it actively manages company spending and enables decision makers to take more efficient decisions.
If you’re a finance director or a business owner who wishes to cut down travel expenses and manage the entire travel and expense management process, you can try out a good online employee spend management solution.
The Whole Business Travel Expense Enchilada
A good online employee spend management solution will help you manage your vendor invoices, travel bookings, and expense reports as well. A cloud based spend management solution is the latest buzz word in the Internet world and it has many benefits as well.
An end-to-end on demand travel and expense reporting solution can help you manage your travel expenditures by automating the complete process. Moreover, most web expenses applications that are available with SaaS service providers comply with generic corporate travel polices. So, business is as usual with the addition of online SaaS employee spend management applications—but surely there are process that get streamlined and smoothened.
A compliance friendly travel expense management solution that processes card transaction and other electronic payment process needs the traveler to justify personally all the deviations from the policy to their supervisor. This is to do on a transaction by transaction basis. However, keeping in mind the various requirements, today eminent service providers have come up with travel expense management solutions that assists you in all your goals, whether they be to reduce the direct travel expenses, assure that the internal policies and rules are followed, speed up an individuals travel administration, or to achieve a better spend analysis. This solution is a quantum leap from what were offered previously by the conventional expense management solutions.
Thus we find that the modern day travel expense management solution using the Cloud Process is a complete control, optimization and automation of your travel spend analysis.
Software as a Service is also known as on-demand software. This can be accessed using a computer and an internet connection. In SaaS, you do not have to purchase the software application, but you use it on a rental basis. Moreover, you do not have to place it on your local computer either. If you do not have an Internet connection, it isn’t possible to connect to the on-demand software application. In terms of travel expenses management software, you’ll find plenty on the Internet, but for the majority of them, you need to acquire the license.
This isn’t the case with Saas. You do not need to buy the software at all. So, at each point of time, you can decide to pull the plug and opt for another service provider when you’re using SaaS on-demand travel expenses software. You can focus on other major areas of expense management with no worry of software maintenance and installation. Surely, SaaS is a better option in today’s fast paced world. Cost center controller and departmental heads of many organizations are also finding the automation of travel expense management beneficial in the long run.
Leaders are entrusted with the task of forging a path for the organizations they control. However, there’s more than one way to achieve the job done. This article undertakes a leadership style analysis that highlights differences and suggests when one form may be more appropriate than another.
In regards to situation theories, leadership is proposed to be triggered by the situational variables such as decision making. In a situation where the leader is more experienced and knowledgeable than the followers, an authoritarian leadership style is more favorable. On the other hand, in a position where the followers are skilled, a democratic leadership style is more effective. Therefore, situational theories define leadership on the basis of situational factors which influence the leadership style and the follower’s motivation. These are the relation between task structure, the leader and follower, and the power position. In leader-follower relationship, emphasis is placed on the followers’ trust of the leaders while the task structure is in the very nature of the task and power position is on the leader’s authority and influence. Moreover, the employee characteristics determine the leadership style as mentioned above. Directive style is preferred for followers that are unskilled and non-motivated; coaching style for unskilled but motivated followers; supporting style for skilled but non-motivated; and observing style for both skilled and motivated followers.
A Parade Of Leadership Information
Relative to management leadership theories (also known as transformational), leadership is based as the influential factor in job performance and satisfaction (Braun, Peus, Weisweiler, and Frey, 2013). In this respect leaders are required to set clear goals and paths to guide and to allow the employees to perform. In addition, the management theories highly focus on employee motivation. In this respect, leaders should incorporate styles which enhance employee motivation; supporting style where the followers lack confidence; and instructive style when the task is ambiguous, demanding and there’s no motivation to meet the deadlines. Most important, the management theories recommend regular leaders consultation with the followers as well as followers’ involvement in decision making (Braun, Peus, Frey, 2013), and Weisweiler.
In both theories above, employee behavior is totally dependent on the leader’s individuality. That is, if the leader is task oriented or relationship oriented. Leaders are supposed to adjust to their employees as well as their workplaces. These theories emphasize on the leadership approach which is flexible and helps in utilizing fully the possibilities of the employees, for this reason. The situational theories of leadership provides specifications upon which leaders should rely on in different situations. These specifications are based on three dimensions. First and foremost is the prioritization of tasks, next is assessment of employees skills and motivation and finally, formulating of the leadership style. In regards to management theories, leaders concentrate on employees’ skills, with a view to assign tasks and influence performance through rewards. The situational leadership theory portrays followers as having different responses based on their personality coupled with their capacity and willingness. Followers act based on the type of leadership applied by contrast to the management leadership theory.
The situational leadership theory developed from Hersey and Blanchard model of leadership, Vecchio, 2009), and the life cycle theory (Thompson. The life cycle theory purposed to help change the parenting approach of parents towards their children starting from infancy, adolescence to adulthood. Later, the two authors changed the application setting of this theory from home-based parent child relationship to the workplace relationship between leaders and followers. This approach laid emphasis that leadership needs to be based on leadership style is contingent on the members as well as their behavior. This brought forth newer aspects of leadership from relations with the behavioral aspects. For this reason, the situational leadership theory is seen as the single best model of leadership (Thompson, and Vecchio, 2009).
The situational leadership theory stipulates that different situations of varying degrees influence leadership effectiveness. Most notably, the situations in this model vary between the task behavior and related behaviour of the leaders to the followers. The task behavior refers to the extent upon which the leader clearly explains the functions and responsibilities of the followers. Task behavior is characterized with one way communication where the leader closely directs and supervises employees in their tasks. Relative to the relationship behavior, emphasis is placed on the degree of support that the leader provides to the employers. The relationship behavior uses a two way channel of communication unlike in the task behavior. Here, the leader plays both the function of a facilitator and the hearer. Therefore, an effective leader is the only able to determine the degree of task behavior and relationship behavior to accommodate based on employees readiness. In this context, readiness refers to the employees’ ability and willingness in directing their behavior towards the task at hand. Ability defines the knowledge, skills and experience of followers whereas willingness the confidence, commitment, and motivation possessed by the followers. Therefore, situational model of leadership revolves about the task and relationship behaviors provided by the leader and the follower readiness (Thompson, and Vecchio, 2009).
As far as the functions and relationship behaviors are concerned, their effectiveness is based four different dimensions. These are telling, selling, participating and delegating. Leaders should clearly define stipulate the rights and supervise them closely with respect to telling. Here, one way communication persist as the leader makes and announces the decisions based on what job is to do, when and how. Next to merchandising, the leaders encourage followers’ ideas and opinions about the task but the decision making prerogative remains with the leaders. Further to participation, leaders offer their followers support to boost their confidence and move them as well. Lastly, on delegation the followers should be ready and able to handle the task freely with minimal support and supervision (Thompson, and Vecchio, 2009).
The situational behaviors depend on the willingness of the followers, on the situational model of leadership. The dimension of readiness is comprised of four levels. Followers in the first readiness level are classified as unable and non-willing. This class of followers has little knowledge, skills and experience related to the task. In addition they’re less confident, committed and motivated to bring the task. Second level followers are those that are unable but willing. Similar to the first level followers, they’re less knowledgeable, skillful and experienced about the task but are confident, committed and motivated in the existence of the leader. Third level followers are able but non-willing. In this level, the followers are able to deal with the task but not willing. Finally, followers in the fourth readiness level are able and willing to perform the task (Thompson, and Vecchio, 2009).
Autocratic leaders expect obedience, not understanding and input from their staff or followers. Under the autocratic style, the leader is the highest ruler and they make all the decisions without seeking any input from those below them. It is characterized by very little trust and management relies on threats and negative enforcement to get things done. Hitler is one of history’s autocratic leaders and it is generally said that Martha Steward uses the same iron fist to rule her company. This style of leadership, though, has been criticized terribly in the last few decades as the workforce has started to crave more input.
Despite the overwhelming amount of negativity surrounding this style of leadership there are a few instances when it can be the best suited option. When employees are largely untrained and insecure, the firm decisions that come down from an autocratic leader can be welcomed. When there is limited time to get results or if their is a power struggle arising from lower levels an autocratic style might be in a position to maintain order.
In most instances, autocratic leadership needs to be taken in smaller doses. This style probably will not work for a long period, especially in modern organizations because Generation X employees expect to get a different level of participation in the workplace and autocratic leaders eventually create fear and low employee morale. These are both counter-productive.
Democratic leadership can be said to be the polar opposite of autocratic leadership. It is sometimes referred to as a participative style because it is marked by a more of a bottom-up approach. Management empowers lower-level staff to establish goals and even to assess their own performance. There is a steady flow of information up the hierarchy of command. This style of leadership often enlists greater employee commitment because everyone has a say in the sense of decisions so they’re more likely to attempt to make sure they succeed.
Democratic leadership styles come in handy when there are complex problems to resolve and they require several different perspectives to reach some agreement. When there is a major focus on team work and improving production based on this pattern of working in groups a democratic style is likewise appropriate.
This leadership style can seem particularly attractive so it might be difficult to think of cases where it wouldn’t be useful, but when there’s no time for mass consultation and the cost of making the wrong decision is simply too high, the consultative democratic style may have to take a backseat. If the workforce doesn’t have the level of experience necessary to make decisions, the democratic style can have devastating results.
Continuing with the leadership style analysis, laissez-fair leadership also needs to be examined. This style of leadership calls for the individual at the head to allow those who follow to make their own decisions and select the path they think is best. The leader takes direction and advice from those placed in key positions and here is in stark contrast to the democratic leader who invites input but reserves the right to make the final decision. Under a laissez-faire approach the experienced staff members analyse, interpret and arrive at a decision. Laissez-faire leaders shouldn’t choose this as a path to laziness but rather they must have extreme trust in their team.
Laissez-faire leadership is only ever appropriate when the employees are subject area experts. They’re capable of responsibly executing their duties. It is commonly adopted when working with consultants or other field specialists.
Laissez-fair leadership shouldn’t be used stronger management input is necessary and it isn’t an excuse to mask management incompetence.
Transformational leaders lead by example. They are ready to take charge by standing front and center and inspiring those who look up to them to perform in a manner that is always reaching for excellence. Transformational leaders seek to achieve some sort of change so they’re characteristically passionate and energetic. They are also usually charismatic, although the subtle distinction between a charismatic leader and a transformational one resident in a shift in focus, while the charismatic leader has a high belief in himself and is able to project that onto others, the transformational leader is there to sell belief in a process and highlight that all hands need to be on deck to accomplish the change.
Adopting this style of leadership is great when it is necessary for a change leader. If the situation calls for conversion of ideas and processes towards a different way of thought and doing, nothing is more appropriate than a transformational leader.
The danger of transformational leadership is the sacrifice of substance for style. Transformational leaders need to rely on a heavy dose of charisma to glamor their followers into accepting their chants for change. However, there needs to become a solid vision and programme of action to back-up their claims otherwise they may direct their followers to disillusionment.
After careful analysis of only some of the major leadership styles it is clear to see there are many to choose from. The final choice must rely on a match between the requirements of the company, the level of experience of the employees and the preference and the limits of those at the helm.