Happiness Ancient and Modern Essay Example | Topics and Well Written Essays - 750 words

Happiness Ancient and Modern - Essay Example Aristotle, the greatest of all philosophers, stressed upon the need to lead a life of virtue, and Stephen Augustus White in his book Sovereign Virtue, says that Aristotle was adamant that ‘in any circumstances, the virtuous, find life more satisfying than other people do† and make better lives for themselves in spite of their â€Å"modest good fortune.†(Page xi) According to Aristotle’s theory on happiness, he says that in order for a human being to achieve a state of happiness, he has to achieve the happiness that is most suited for a human being. In his opinion, happiness is not just a state of mind but it is a sort of disposition that involves our activities and experiences throughout our lives. The ancient view of happiness was shaped by the usefulness of man for his fellow beings, and based itself on such abstract qualities as ‘wisdom, kindness and goodness† .  Moreland and Issler find that the modern view of happiness is nothing more than instant gratification, and very often this depends upon the attitude of others towards us. Other modernists often equate happiness in the modern world to what we do and the road we take towards achieving predetermined goals. Davies’ take on happiness is right in the sense that happiness comes to us from the things we do, but the modernists don't agree with the fact that analyzing emotions can make us happy.   Happiness accrues from the frequency with which we flood our lives with simple pleasurable moments, than from those which are intense, but few and far in between.  Ã‚  

E-Procurement Assignment Example | Topics and Well Written Essays - 750 words

E-Procurement - Assignment Example Deptt. prepares a â€Å"Components List† 2) The components list is then forwarded to the Planning Deptt., which plans Product Codes (for new components, if any) and schedule reservation; 3) Thereafter the list is handed-over to the Purchase Deptt. for raising a Purchase Order (PO). In case of new requirements, three quotations are first obtained from different suppliers. Finally the PO is created, signed by two persons – i.e DGM Commercial and GM Technical and then delivered to the supplier. 4) Once goods are received, Inspection checks the quality of goods and if found ok, it hands-over to the Store, which makes a Goods Receipt (GR) upon receiving the goods 5) Planning then prepares a â€Å"Pick List† of the required components and gives it to Production for issuance of components from the Store. 6) Upon receipt of supplier’s invoice, items & amount charged are reconciled and then payments are made to the supplier. 7) The performance of Purchase Deptt. is checked through certain KPIs set by the Company while suppliers’ performance is analyzed by means of assigning different grading. Ans# 3: Three key advantages of using e-Procurement over manual processes: 1) Using e-Technology and an integrated ERP application, automates & speeds up business processes related to the production of goods and services. 2) It also serves as a tool in sourcing new suppliers and tendering bids whilst cutting down material cost 3) It ensures modernization which keeps your workplace up to date with the latest procurement/selling techniques. Ans# 4: Three critical process flows of e-Procurement system: 1) Data integrity: In case of error in a PO shall cause incorrect delivery/shipment. Therefore an extra care needs to be taken when preparing & submitting a PO to the supplier. 2) Availability: Ensuring availability of the required material is a critical part of e-Procurement, as the firm is committed to timely delivery of the finished goods to its cus tomers. 3) Inventory Management: Being a fully integrated system, a small error has a large impact. For Instance, it could result in over-stocking or under-stocking of inventory or distracting inventories’ safety level, etc. Ans# 5: How EDI works? The diagram below shows a two-way nature of EDI. For example, if a customer/business partner wishes to place an order, it shall generate an electronic purchase order which shall automatically get transmitted and arrive into the company’s order management system indicating arrival of new order(s). Once the order is processed and goods delivered to the customer, company’s inventories position will be automatically updated. In a nutshell, from order processing till payment, relevant information through out the system shall get automatically updated at both sides (Customer & Vendor). Ans# 6: Business-to-employee requisitioning system benefits an employee in several ways. Many terms used in this context. Human Resource Mana gement System (HRMS) or Shared Services Human Resource (SSHR) is the most commonly used term in business world. The system provides an online submission and approval of a requisition including viewing attendance, applying for leave, requesting a loan, seeking training, submitting Work Objectives or Appraisal, and much more. For example, if applying for a leave, an employee needs to fill-up an online leave form and click on â€Å"Submit† button. The application directly goes to the concerned supervisor under intimation to