Strategy

“For example, the federal government regulates the quality of food and water, the safety of workplaces and airspaces, and the integrity of the banking and finance system.” (Bianco, Canon 2011, p 582) Regulations find out if the product is a market failure. There are two types of regulations, which are economic and social. “Economic regulations sets prices or conditions on entry of firms into an industry, where as social regulation address issues of quality and safety.” (Bianco, Canon 2011, p 582) Economic regulations are concerned with the price regulation of monopolies.

Striving to provide high quality childcare provisions that support children’s development to reach their potential.

This is a two sided argument which needs complex and in-depth analysis to make a final judgement. The degree of government intervention may depend on many factors affecting the economy as a whole, a specific market and the businesses operating within it. The nature of different government regulations may have a restrictive nature, however some government action may have a beneficial effect on business activity and positively impact their objectives. It is essential to look at this argument from the businesses perspective to determine the government impact on their performance.

First of all, every economic sector that was subject to economic regulation before 1975, has undergone significant changes in the nature and extent of regulation. These changes had profound effects on the structure of industries, price levels, costs and productivity. The industries in which changes occurred in economic regulations are the carriers, heavy transport, public transport, railways, telecommunications, production and transportation of natural gas, cable television, banking and financial services , electricity and property insurance and liability. These industries vary in structure, behavior, nature of regulation, and distribution of responsibilities between federal and state regulatory authorities. There are also wide variations in the major reasons, causes, and consequences of regulatory changes in these industries.

The values and principles that underpin the childcare sector work along side the laws, rules and regulations that I follow in my everyday work at my setting. They govern things such as how many children can attend my setting, how many staff I have working each day, making sure that the children’s wants and needs are met and that they are always the main focus of any planning I do. For myself it means that I have to always make sure that I keep myself up to date with any changes in these laws and regulations and that I keep myself up to date with any training so I can always provide the best possible care I can. When planning I try to use many different curriculum’s but always making sure that they are flexible and is based upon the values

I am using the mind mapping strategy because I like images and the mind mapping helps to organize and condense information in the form of a picture. I have found that mind mapping is very practical when the information are well organized and in chronological order. For our reading, information are given chronologically so they suit to mind mapping strategy. Also, with this note taking format “little thinking is needed, relationships can easily be seen and it is easy to edit my notes by adding marks, and color coding (“ Note Taking Systems”)

Once mothers started going into to the workforce, the need for child care boomed. Approximately one-forth of children spend some time in child care. However, years later, it is rather hard to do the research necessary for an accurate assessment of its quality as a whole. There are three major types of nonparental child care; relative, non relative, and center based. Due to convenience and affordability, family-care (non-relative care) have started to rise in ranks in the industry. This leads to even more holes in overall research, due to the lack of consistent regulation. The policies regarding these regulations vary from state to state.

The cost of childcare has become a major issue for parents. Families struggle to pay their daycare expenses, but need to put their children in care because they need to work. Some families are limiting the number of children they have because they will not be able to afford the daycare costs. The government should develop framework so that all families who need to have child care can have access to quality care, but at an affordable cost.

1: To start early as this can give me time to sit think and plan the day, also as starting early i am calm, creative and clear-headed, and as the day progress energy levels intend to drop, which can effect my productivity and therefor i would not preform as well.

Economic regulation is defined as a type of government regulation that determines conditions or standards on entry of firms into the industry. Economic regulation shall also include the regulation of financial firms. However, economic regulation is not the only governmental regulation established. The other type of regulation, called social regulation, includes environmental controls, restrictions on labeling and advertising as well as health and safety regulations. Social regulation involves the correction of externalities. However, there are many arguments about the exact economic rationale for such social regulation. One reason which sets economic regulation apart from social regulation is that the two have followed very different paths in recent history. There has been a tremendously increasing expansion of social

With the video game industry being the fastest growing sector of the growing entertainment industry, the industry's revenue has now reached $26 billion in annual revenue and there is currently no indication of decline in the industry. So, in order to identify how the revenue is distributed, it's essential to look at the supply chain of the entire PS3 business. As seen in the supply chain, there are opportunities in many aspects of the console business, coming from the actual console sales as well as extras such as games.

In the book “Good Strategy and Bad Strategy”, Richard Rumelt illustrates examples of success and failure of business management to explain the true meaning of the strategy, and tells companies how to develop a correct strategy and adhere to core of management strategy. He also emphasizes the central role of strategic management as to remind the readers to understand the huge difference between a good strategy and bad strategy. This book has three sections: good and bad strategy, sources of power, and thinking like a strategist. I will be evaluating strengths and weaknesses under these topics. After finish reading the book, I had gained a better understanding of what a good strategy means to the success of a company. According to Rumelt, a good strategy is coherent, where companies pursue multiple objectives that are connected with each other. Rumelt points out that a good strategy consists of three elements: diagnosis, guiding policy, and coherent action. (71) First, diagnosis means to define the obstacles and challenges that the companies are facing, and guidelines help the people to overcome the obstacles. Lastly, coherent action is the activities or actions that company did to be consistent with its guiding policy. Today, many of us lost the focus of the strategy, which results in the downward of businesses and organizations. Rumelt has defined the strategy as acknowledging the main problems and take coherent action to overcome the problems. Moreover, he illustrates

Regulations imposed by the government in any economy determine the market efficiency and growth. Policies and laws governing the flow of goods and out flow determined the internal trade affairs. When the government formulates policies and regulations, which is the market conducive, efficiency is enhanced. In such instances, the outcomes of the market yields can be predicted. Such ability of the policies and regulations to enhance efficiency in the markets can be enabling the government to have prior arrangements and plans concerning future economic goals. On the other hand, as the governing body there is a need to establish the effectiveness of the current policies in enhancing marketing efficiency. However, there is a need to establish the criteria for determining the correctness and effectiveness of the regulations which are to be set. Governing body should intervene in the control of the market regulations though independent bodies and private sectors should be involved in such regulations formulations. Many economies, such the United states and United Kingdom, the government has the power to intervene in the market policies. When the market fails in such instances, the government is blamed for the failure. The modern economies advocates for more freedom of choice in the formulation of regulations of the markets. Others concentrate on the efficiency of the policies and regulations in the achievement of the market goals.

Organizations successful at strategy implementation effectively manage six key supporting factors :     1.  Action Planning

Nóirín Hayes explains in her research paper Perspectives On The Relationship Between Education and Care In Ireland (2007), how demand for early years education in Ireland has increased in the last two decades for a multitude of reasons. Due to this growing demand for quality early years education the NCCA (National Council for Curriculum and Assessment) introduced Aistear as the early childhood curriculum framework for 0-6 years in Irish early years settings in 2009. Aistear was introduced as the curriculum framework which when