Friday, May 15, 2020

Average National SAT Scores for 2012

Over a million high-schoolers registered for the SAT  in 2012. Their average scores provide some interesting insights into this group. Whether they wanted admission to the  top public universities  or another school of their choice, see how they performed. Overall SAT Scores for 2012 The mean is the average score of every student who took the SAT from the fall of 2011 through June of 2012. Here are the mean scores for all testers by section: Overall: 1498Critical Reading: 496Mathematics: 514Writing: 488 (subscores: multiple-choice: 48.1 / essay: 7.3) See how these compare: SAT Scores for 2013 SAT Scores by Gender As is often seen, boys were better on average in the Mathematics section and they also slightly outperformed girls as a whole in the Critical Reading Section. But females outperformed them on average in the Writing section. You can compare your scores with the average for your gender. Critical Reading:  Males: 498. Females: 493Mathematics:  Males: 532. Females: 499Writing:  Males: 481. Females: 494 SAT Scores by Reported Annual Income Higher parental income is associated with a higher SAT score. This doesnt necessarily mean that wealthier families produce smarter children. But it likely has some relationship to parents sending their children to better schools and being more willing to purchase SAT prep. They may also be more willing to spend money on retakes of the examination. $0 to $20,000: 1323$20,000 to $40,000: 1398$40,000 to $60,000: 1461$60,000 to $80,000: 1503$80,000 to $100,000: 1545$100,000 to $120,000: 1580$120,000 to $140,000: 1594$140,000 to $160,000: 1619$160,000 to $200,000: 1636$200,000 and more: 1721 SAT Scores by AP/Honors Classes It is helpful to know which courses in school tend to produce the highest SAT scores. You could guess that students who take AP courses or rigorous Honors courses are going to score higher on the SAT, but the degree to which they score better is significant. The question is which came first, the chicken or the egg? Do these students score higher due to their natural abilities, or do the courses themselves prepare students better for the SAT? Check out the stats: AP/Honors Math 1698: Mean SAT score for those enrolled in AP/Honors Math1404: Mean SAT score for those not enrolled Percentage of SAT Testers Enrolled in AP/Honors Math by Ethnicity All students: 36 percentAfrican American: 25 percentAmerican Indian: 31 percentAsian: 47 percentHispanic: 31 percentWhite: 40 percent AP/Honors English 1655: Mean SAT score for those enrolled in AP/Honors Math1404: Mean SAT score for those not enrolled Percentage of SAT Testers Enrolled in AP/Honors English by Ethnicity All students: 42 percentAfrican American: 34 percentAmerican Indian: 40 percentAsian: 44 percentHispanic: 39 percentWhite: 46 percent AP/Honors Natural Science 1698: Mean SAT score for those enrolled in AP/Honors Math1414: Mean SAT score for those not enrolled Percentage of SAT Testers Enrolled in AP/Honors Natural Science by Ethnicity All students: 35 percentAfrican American: 24 percentAmerican Indian: 28 percentAsian: 43 percentHispanic: 28 percentWhite: 38 percent 2012 SAT Scores Summary The statistics say youd have the best advantage on the SAT if you were a male of Asian ethnicity whose family who made more than $200,000 per year. You could always prepare regardless of your ethnic heritage or familial status. These statistics represent the mean but do not, of course, represent the individual. If you have nothing in common with the groups scoring the highest on the SAT, it does not mean that you cant secure a top-notch score. Start with some free SAT practice quizzes, grab some free SAT apps, and prepare yourself the best way you can.

Wednesday, May 6, 2020

The Sarbanes Oxley Act ( Sox ) - 1728 Words

In 2002 the telecommunication company, WorldCom committed one of the biggest accounting scandals of all time. They perpetrated over *1 $3.8 billion in fraud, leading to a loss of 30,000 jobs and $180 billion losses for investors . This is one of the several accounting scandals that led to the passing of Sarbanes-Oxley Act, which introduced the most comprehensive set of new business regulations since the 1930’s. The Sarbanes-Oxley Act (SOX) is an act that was passed by United States Congress in 2002. This act safeguarded investors from the likelihood of fraudulent accounting practices of publicly traded organizations by authorizing strict reforms to advance financial disclosures and prevent accounting frauds. With SOX being an extremely important piece of legislature it is necessary to understand the reasons why SOX was passed, how it was passed, what it entails, the aftermath of the act. To understand the events that lead to SOX passing it is imperative to grasp the bus iness regulations that existed and allowed these accounting scandals to occur. This lenient regulatory environment was a precursor to the accounting scandals that occurred in the early 2000’s. Prior to SOX there was the Securities and Exchange Act of 1934. It created the Securities and Exchange Commission which supervises all publicly traded companies. This act also was created to regulate commerce in stocks, bonds, and other securities. It also required public companies to provide complexShow MoreRelatedThe Sarbanes Oxley Act ( Sox )1604 Words   |  7 Pagesthe company. Thus, to respond to the public pressure over acts of corporate offense, the Sarbanes-Oxley Act (SOX) was enacted in 2002. SOX proposed major changes to the regulation of corporate governance and financial reporting by improving the accuracy and reliability of company disclosure. This essay will explain the effects of SOX on the financial statement fraud in an organization. Situation Prior to the legislation of Sarbanes-Oxley Act, the regulations of financial statement were much more laxRead MoreThe Sarbanes Oxley Act ( Sox )943 Words   |  4 PagesThe Sarbanes-Oxley Act (SOX) was passed by Congress in 2002, and is administered by the SEC. The SEC checks for compliance and creates rules and requirements. The Act was created to restore investor confidence in financial statements after major accounting frauds, such as Enron, Tyco, and WorldCom. In addition, SOX aimed to prevent future accounting fraud through improving the accuracy of disclosures and through increasing corporate governance, accountability, and reliability. Major Provisions TheRead MoreThe Sarbanes Oxley Act ( Sox )2238 Words   |  9 Pages The Sarbanes-Oxley Act. An act passed by U.S. Congress in 2002 to protect investors and the general public from the possibility of accounting errors and fraudulent practices by corporations. The Sarbanes-Oxley Act (SOX), named after U.S. Senator Paul Sarbanes and U.S. Representative Michael G. Oxley, which contains eleven sections, mandated strict reforms to improve financial disclosures and prevent accounting fraud. The eleven sections of the bill cover responsibilities of a public corporation’sRead MoreThe Sarbanes Oxley ( Sox ) Act1995 Words   |  8 PagesThe Sarbanes-Oxley (SOX) Act was passed by Congress in 2002 to address issues in auditing, corporate governance and capital markets that Congress believed existed. These deficiencies let to several cases of accounting irregularities and securities fraud. According to the Student Guide to the Sarbanes-Oxley Act many changes were made to securities law. A new federal agency was created, the entire accounting industry was r estructured, Wall Street practices were reformed, corporate governance proceduresRead MoreThe Sarbanes Oxley Act ( Sox )1202 Words   |  5 PagesBrief historical summary on SOX enactment The Sarbanes Oxley Act (SOX) was sanctioned in July 2002 with the objective of reestablishing public trust in the markets. SOX was promised as one of the opportunities for cultivating organizational ethics by clearly outlining the code of ethics. This included the raise of truthful and strong ethical behavior. SOX moreover, demands that corporate organizations to release codes applicable to the senior financial officer. Indorsing whistle blowing in theRead MoreThe Sarbanes Oxley Act ( Sox )955 Words   |  4 PagesErnestas Zarskis BUS 5644 International Accounting and Reporting Paper #2 Dr. LuAnn Bean 1. Based on the video Bigger Than Enron, discuss at least five features of the Sarbanes-Oxley Act (SOX) that are the result of events related to corporate fraud. Under Section 302 signing officer should be familiar with the report and are responsible for internal controls and have evaluated these internal controls within the previous ninety days and have reported on their findings. Also, report should notRead MoreThe Sarbanes Oxley Act ( Sox ) Essay1609 Words   |  7 Pagesmalpractices across several companies in the United States such as Enrol Corporation, Tyco International and WorldCom, there has been a lot of attention with regards to the accounting practices in the corporate sector. Specifically, the Sarbanes – Oxley Act (SOX) which was passed by congress in 2002, was aimed at addressing the situation by regulating fraudulent accounting practices such as bribery and wrong entries in books (Williams Elson, 2010). While regulation has its own limits, it is hopedRead MoreThe Sarbanes Oxley Act ( Sox )969 Words   |  4 PagesU.S. Congress passed the Sarbanes-Oxley Act of 2002 (SOX), a legislation put in place not only to improve the accuracy of corporate disclosures, but also to protect shareholders and the general public from accounting errors and fraudulent practices in all organizations. Although these organizations include corporations, small businesses, non-profit institutions, government bodies and any other entity where business is conducted, according to Accounting in Business, the Act was mostly enacted to â€Å"toRead MoreThe Sarbanes Oxley Act ( Sox ) Essay1233 Words   |  5 Pagescompanies such as Enron and WorldCom in the turn of the century motivated Congress to pass the Sarbanes-Oxley Act (SOX) in 2002 to strengthen regulations within the accounting profession (Whittington Pany, 2014). As a result, the SOX introduced provisions that changed the accounting function, such as the establishment of the Public Company Accounting Oversight Board (PCAOB) and other major elements; however, the SOX regulations subsequently resulted in consequences to its compliance. In the United StatesRead MoreThe Sarbanes Oxley Act ( Sox )1526 Words   |  7 PagesEssay #1- Tax Advantages and Disadvantages of Sarbanes-Oxley Eric Kitts Liberty University â€Æ' Introduction The Sarbanes-Oxley Act (SOX) of 2002 was implemented to deter fraudulent activities amongst companies by monitoring and auditing financial activities as well as set up internal controls to aid in the safeguard of company funds and investor’s interest. SOX also regulates the non-audit tax services (NATS) that can be performed by an auditing firm. SOX was passed by Congress in 2002 in an attempt

Tuesday, May 5, 2020

Personal Computer and Dell free essay sample

Synopsis: In 1984 Dell Inc. was founded by University of Texas freshmen, Michael Dell. Dell would buy computers from the excess inventory of local retailers and revamp them to sell out of his trunk. Dell was able to sell his computers at 10%-15% below retail price. After Dell’s freshmen year he dropped out to run his business full time. By 1995 Dell had sales of nearly $3. 5 billion and was one of the top five PC vendors in the world. Dell focused on customer support and service and became the master of process engineering and supply chain management. Dell has faced many challenges including distribution through US retail stores, management changes, and keeping up with its competitors. Since consumers aren’t willing to pay huge amounts of money for computers unless they were unique, Dell is at a crossroads. Which road Dell chooses to follow will determine its future. Resources: Dell Inc. ’s most valuable resource has been Michael Dell and its ability to sell computers at 10-15% below market value. We will write a custom essay sample on Personal Computer and Dell or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Another huge resource is the executive team that Dell formed for guidance. Capabilities: Dell’s capability at producing products at a lower cost to its consumers is key. By adding services such as laptops, software/peripherals, servers/networking, services, and storage Dell expanded its capabilities. With the added services Dell can keep pace with its competitors. Core Competencies: Dell’s core competencies are the ability to offer quality products at cheaper prices, personalized orders, and the ability to keep their inventory relatively low. These competencies have helped Dell become a leader in the computer industry. Finding of Fact: Dell is currently at a crossroads; the company’s margins aren’t in a favorable position for the company. In 2010 yes their net income rose, but was still only 2. 91% of net revenue. Dell’s consumers are no longer willing to pay top dollar for a computer, unless it was unique. Competitors are selling laptops for around $300. Tablets have pushed Dell’s laptop sales down as well. Many more competitors have stepped into the industry since Dell first was founded. Dell also spends about 1% of its sales on research and development, while other companies spend about 5%. Justified Recommendation: Dell should invest more of its money into research and development for its products. Technology is constantly changing and for Dell to stay ahead or at least at the same pace, research and development is a must. I’m not saying Dell needs to go out and hire some new employees for this team. Dell could use members from each of its sections to help brainstorm and come up with new and innovative ideas. Innovative employees are invaluable to a company. Dell’s management should perform environmental scanning both internally and externally to find Dells SWOT (strengths, weaknesses, opportunities, threats). Once SWOT is determined management could strategically figure out how to move forward. Environmental scanning shouldn’t be done just when a company finds it has â€Å"hit a bump in the road†, but periodically to keep the company innovative and make sure it is on the correct path. Dell should also perform an industry analysis. This analysis will review potential entrants, buyers, substitutes, suppliers, other stakeholders, and competitors. By completing the analysis a company can determine the high and low forces against the company. The low forces could be turned into a possible opportunity or based on the analysis results, the company could switch strategies.

Monday, April 13, 2020

A History of United Nations Missions in Africa

A History of United Nations Missions in Africa The United Nations (UN) conducts a number of peacekeeping missions throughout the world. Beginning in 1960, the UN began missions in various countries in Africa. While just one mission occurred through the 1990s, turmoil in Africa escalated and the majority of missions were run from 1989 on. Many of these peacekeeping missions were the result of civil wars or ongoing conflicts in African countries, including Angola, the Congo, Liberia, Somalia, and Rwanda. Some of the missions were brief while others lasted years at a time. To confound things, some missions replaced previous ones as tensions in the countries escalated or the political climate changed. This period is one of the most dynamic and violent in modern African history and its important to review the missions that the UN carried out. ONUC -  UN Operations in the Congo Mission Dates: July 1960 through June 1964Context: Independence from Belgium and the attempted secession of the Katanga province Outcome:  Prime Minister  Patrice Lumumba  was assassinated, at which point the mission was expanded. The Congo retained the secessionist province of Katanga and the mission was followed by civilian aid. UNAVEM I -  UN Angola Verification Mission Mission Dates:  January 1989 through May 1991Context:  Angolas lengthy civil war Outcome:  Cuban troops were withdrawn one month ahead of schedule, having completed their mission. The mission was followed by UNAVEM II (1991) and UNAVEM III (1995). UNTAG  -  UN Transition Assistance Group Mission Dates:  April 1990 through March 1990Context:  Angolan Civil War and Namibias transition to independence from South Africa Outcome:  South African troops departed Angola. Elections were held and a new constitution approved. Namibia joined the UN. UNAVEM II  -  UN Angola Verification Mission II Mission Dates:  May 1991 through February 1995Context:  Angolan Civil War Outcome:  Elections were held in 1991, but the results were rejected and violence escalated. The mission transitioned to UNAVEM III. UNOSOM I  -  UN Operation in Somalia I Mission Dates:  April 1992 through March 1993Context:  Somali Civil  War Outcome:  The violence in Somalia continued to escalate, making it difficult for UNOSOM I to deliver relief aid. The United States created a second operation, the Unified Task Force (UNITAF), to help UNOSOM I protect and distribute humanitarian aid. In 1993, the UN created UNOSOM II to replace both UNOSOM I and UNITAF. ONUMOZ  -  UN Operations in Mozambique Mission Dates:  December  1992 through December 1994Context:  Conclusion of the Civil War in Mozambique Outcome:  The ceasefire was successful. Mozambiques then government and the major rivals (Mozambican Nation Resistance, or RENAMO) demobilized troops. Those people who were displaced during the war were resettled and elections were held. UNOSOM II  -  UN Operation in Somalia II Mission Dates:  March 1993 through March 1995Context:  Somali Civil War Outcome:  After the Battle of Mogadishu in October 1993, the United States and several Western countries withdrew their troops from UNOSOM II. The UN voted to withdraw UN troops from Somalia after having failed to establish a ceasefire or disarmament. UNOMUR  -  UN Observer Mission Uganda-Rwanda Mission Dates:  June 1993 through September 1994Context:  Fighting between the Rwandan Patriotic Front (RPF, based in Uganda) and the Rwandan Government Outcome:  The Observer Mission encountered many difficulties in monitoring the border. These were  due to the terrain and the competing Rwandan and Ugandan factions. After the Rwandan genocide, the missions mandate came to an end and it was not renewed. The mission was succeeded instead by UNAMIR, which had already begun its operations in 1993.   UNOMIL  -  UN Observer Mission in Liberia Mission Dates:  September 1993  through September 1997Context:  The First Liberian Civil War Outcome:  UNOMIL was designed to support ongoing efforts by the  Economic Community of West African States (ECOWAS)  to bring an end to the Liberian Civil War and ensure fair elections. In 1997, elections were held and the mission terminated. The United Nations established a Peacebuilding Support Office in Liberia. Within a few years, the Second Liberian Civil War had broken out. UNAMIR -  UN Assistance Mission for Rwanda Mission Dates:  October 1993  through March 1996Context:  Rwandan Civil War between the RPF and the Rwandan government Outcome:  Due to the restrictive rules of engagement and an unwillingness from Western governments to risk troops in Rwanda, the mission did little to stop the Rwandan genocide (April through June 1994).   Afterward, UNAMIR did  distribute and ensure humanitarian aid. However, the failure to intervene in the genocide overshadows these significant although belated efforts. UNASOG  -  UN Aouzou Strip Observation Group Mission Dates:  May 1994 through June 1994Context:  Conclusion of the territorial dispute (1973-1994) between Chad and Libya over the Aouzou Strip. Outcome:  Both governments signed a declaration agreeing that Libyan troops and the administration had been withdrawn as previously agreed upon. UNAVEM III  -  UN Angola Verification Mission III Mission Dates:  February 1995 through June 1997Context:  Angolas Civil War Outcome:  A government was formed by the National Union for the Total Independence of Angola (UNITA), but all parties continued to import arms. The situation also deteriorated with the involvement of Angola in the Congo Conflict. The mission was followed by MONUA. MONUA  -  UN Observer Mission in Angola Mission Dates:  June 1997 through February 1999Context:  Angolas Civil War Outcome:  Fighting in the civil war resumed and the UN withdrew its troops. At the same time, the UN urged a continuation of humanitarian aid. MINURCA -  UN Mission in the Central African Republic Mission Dates:  April 1998 through February 2000Context:  Signing of the Bangui Accord between rebel forces and the Central African Republics government Outcome:  Dialogue between the parties continued and the peace was maintained. Elections were held in 1999 after several previous attempts. The UN mission withdrew. MINURCA was followed by a UN Peacebuilding Support Office in the Central African Republic. UNOMSIL  -  UN Observer Mission in Sierra Leone Mission Dates:  July 1998 through October 1999Context:  Sierra Leones Civil War (1991-2002) Outcome:  The combatants signed the controversial Lome Peace Agreement. The UN authorized a new mission, UNAMSIL, to replace UNOMSIL. UNAMSIL  -  UN Mission in Sierra Leone Mission Dates:  October 1999 through December 2005Context:  Sierra Leones Civil War (1991-2002) Outcome:  The mission was expanded three times in 2000 and 2001 as the fighting continued. The war ended in December 2002 and  UNAMSIL troops were slowly withdrawn. The mission was followed by the UN Integrated Office for Sierra Leone. This was created to consolidate the peace in Sierra Leone. MONUC  -  UN Organization Mission in the Democratic Republic of the Congo Mission Dates:  November 1999  through May 2010Context:  Conclusion of the  First Congo War   Outcome:  The Second Congo War began in 1998 when Rwanda invaded. It officially ended in 2002, but fighting by various rebel groups continued. In 2010, MONUC was criticized for not intervening to stop mass rapes near one of its stations. The Mission was renamed the UN Organization Stabilization Mission in the Democratic Republic of the Congo. UNMEE -  UN Observer Mission in Ethiopia and Eritrea Mission Dates:  June 2000  through July 2008Context:  A ceasefire signed by Ethiopia and Eritrea in their ongoing border dispute. Outcome:  The mission was ended after Eritrea imposed numerous restrictions that prevented an effective operation. MINUCI  -  UN Operation in  Cà ´te dIvoire Mission Dates:  May 2003 through April 2004Context:  Failed implementation of the  Linas-Marcoussis Agreement, which was to end the ongoing conflict in the country. Outcome:  MINUCI was replaced by the UN Operation in Cà ´te dIvoire (UNOCI). UNOCI is ongoing and continues to protect the people in the country and aid the government in disarmament and demobilization of former combatants. ONUB -  UN Operation in  Burundi Mission Dates:  May  2004 through December 2006Context:  Burundian Civil War Outcome:  The missions goal was to restore peace in Burundi and help establish a unified government. Pierre Nkurunziza was sworn in as President of Burundi in August 2005.  Twelve years of midnight-to-dawn curfews were finally lifted on the people of Burundi. MINURCAT -  UN Mission in the Central African Republic and Chad Mission Dates:  September  2007 through December 2010Context:  Ongoing violence in Darfur, eastern Chad, and northeastern Central African Republic Outcome:  The concern for civilian safety amidst activities by armed groups in the region prompted the mission. By the end of the mission, the government of Chad pledged that they would retain responsibility for protecting its citizens. After the termination of the mission, the UN Integrated Peacebuilding Office in the Central African Republic continued efforts to protect the people.   UNMIS  -  UN Mission in Sudan Mission Dates:  March 2005 through July 2011Context:  End of the Second Sudanese Civil War and signing of the Comprehensive Peace Agreement (CPA) Outcome:  The CPA between the Sudanese government and the Sudan Peoples Liberation Movement (SPLM) was signed, but it did not bring immediate peace. In 2007, the two groups came to another agreement and Northern Sudanese troops withdrew from Southern Sudan.   In July 2011, the Republic of South Sudan was formed as an independent country. The mission was replaced by UN Mission in the Republic of South Sudan (UNMISS) to continue the peace process and protect civilians. This started immediately and, as of 2017, the mission continues. Sources: United Nations Peacekeeping.  Past Peacekeeping Operations.

Wednesday, March 11, 2020

Acedemic Analysis Essay Example

Acedemic Analysis Essay Example Acedemic Analysis Essay Acedemic Analysis Essay Did living standards improve during the Industrial Revolution? Historians know that the Industrial Revolution made Europe wealthy. An imp rattan question is was it like to live through it? Historians are divided over what hap penned to wages during the Industrial Revolution. Most agree that they did increase; the quests on is, when. It is hard to say when because wages change constantly due to inflation and the w ages Of workers in the industrial revolution were paid informally leaving no real records behind. Luckily for researchers Britain is one of the best countries for keeping historical records such as wages that were paid out. Using the information from British records it can be concluded that wages rose after 1840. Some even claim that wages doubled between 1840 and 1910 beck cause the technological improvements lead to higher levels in labor productivity. However, quality does not only refer to money and wages, it also involves pee pleas health. One way to measure health is to study peoples heights at the time b cause well nourished people tend to be taller. During the Industrial Revolution, people w ho did less manual labor and who were less afflicted by disease tended to be taller. Life expect icy is another way researchers can accurately measure the living standards of the time. Life expel stance is calculated by looking at death registrars. If you know the distribution of ages at which pee pole die, you can work out the most likely age to which people will live. I agree with the points made in this article and I find the fact that we can use height to measure quality of life interesting.

Monday, February 24, 2020

Tree in a field Essay Example | Topics and Well Written Essays - 1250 words

Tree in a field - Essay Example At the age of 15, Walter Kuhn sold the first drawing to a certain magazine; it is at this point that he began to sign his name as Walt. He would later enroll for evening art classes at Brooklyn Polytechnic Institute in 1893. Later, Kuhn lost interest on becoming artist and instead chose to sell bicycles in a shop at Brooklyn. He had a very dedicative personality and yet he would also be regarded as impulsive. By 1899, Kuhn was overwhelmed with the ideas from the American West. Though he only $60, he decided to move to California. In San Francisco, Kuhn began to draw cartoons to WASP magazine. He later moved to Paris in 1901and then enrolled in the formal class of the Academy Colarossi. He never got much exited with the learning and chose to move to Munich where he got opportunity to study under Barbizon Painter Heinrich von Zugel After 2 years, Kuhn returned to New York and found himself immersed in the booming art scene in New York. He helped manage the Kit Kat Club while at the same time he continued to work as an illustrator for local journals. The Kit Club was an organization which had a responsibility of raising funds for the scholarship at the Academy of Design. Kuhn staged his first exhibition in 1905 at Salmagundi Club, presenting himself both as a serious painter and a cartoonist. In the same year, Kuhn submitted his first illustration of the LIFE magazine. (Meally, Robert G., and Romare Bearden, 19) Kuhn in most of his time spent his summer in Fort Lee in New Jersey. This area provided him with a good environment for creativity which he needed to thrive in the industry. Kuhn would later join the New York School of art when they moved to the area as a member of the faculty. He later moved to New York where he got married to Vera Spier. They got one child Brenda Kuhn. At the point when his home life blossomed, his career too became better and better. In 1909, he spent the

Saturday, February 8, 2020

Human Resource Development Essay Example | Topics and Well Written Essays - 1500 words - 1

Human Resource Development - Essay Example According to Fisher(1996), more positive group climate, more cooperative behavior on tasks, more productivity in accomplishing tasks, faster problem solving, few errors in solving problems and less hostility among members are most prominent characteristics of an interpersonally compatible group. Any organization can use these findings to create a motivated environment by understanding the internal environment of the organization. With the importance of development of human resources highlighted, next it is essential that the role of awards has on improving the effectives of the training and development programs has to be analyzed. In this paper, the essentials of a good employee development program are discussed. Then the role of the National Training Awards(NTA), instituted by the UK government to improve the efficiency of the training and development of human resources is explained. In the current era of globalization the business environment is so rapidly changing that it is challenging for the managers to foresee the changes that are going to occur in future. The organizations have to be continuously take efforts to equip themselves to cope with the ever-changing business environment. ... But at this point of time, it is not sufficient that a company just grows, but it can serve the best interests of its stakeholders only if it can ensure sustained development. United Kingdom has a long history of good corporate governance and managerial excellence, but can this excellence sustain the competition from the emerging economies is the biggest question. The UK companies have to be prepared to withstand the onslaught of efficient products and services from Asian economies like China and India for example. Hence, it becomes very essential that the corporations realize the need for careful development of their human resource in order to have a sustained growth. Thanks to the information technology, that geographical distance does not define the sphere of business transactions. Hence, companies have to be ready to face the competition with their strengths better toned. The institution of the NTA is the need of the hour to emphasize the importance of quality human resource to h ave growth. Importance of self awareness In a study by Whetton and Cameron(2005), 402 individuals were asked to name the most effective managers and the skills they have, the main factors listed were verbal communication, managing time and stress, managing decisions, influencing others, delegating, self awareness and team building. Self awareness here implies awareness at the individual level, team/ department level and as a whole in the organization level. It can be often observed that in a business organization, managers are faced with the challenge to modify the day to day operations to achieve the long term strategic goals and vice versa. This may be due to the gaps between the aspirations and the actions