Business Resources Assignment Example | Topics and Well Written Essays - 2750 words - 1

Business Resources - Assignment Example In corporate and large organizations, well defined resource management teams are appointed to ensure optimum allocation of all resources and to avoid over or under allocation of same resources in multiple projects at a time. In this paper, allocation and management of human, technical, physical and financial resources will be evaluated. For the purpose of the study, the resource management techniques of Waitrose will be analysed for getting an insight of the company’s resource management. Waitrose is a UK based supermarket chain and retail division of Britain’s largest employee owned retailer John Lewis Partnership with headquarter in Berkshire. As per the reports of 2014, Waitrose currently has 317 stores across the UK including 30 Little Waitrose, making the retail based grocery superstore the sixth largest in the United Kingdom. The company also have the warrant of supplying groceries, wine and spirits to the royal family of Queen Elizabeth (Waitrose.com, 2015). Duri ng the course of study, how Waitrose has been successful in identifying and managing its critical resources to ascertain smooth running of such well expanded business will be examined in details. Recruitment documentation may be defined as the system of filling up information related to personal, educational and working qualifications, required at the time of applying for a job. The process consists of collecting copies of application forms and all supporting document of the information provided from all individuals present in the panel and interested in applying for the particular job opening. Recruitment documentation ensures consistency, standardization and streamlining the recruitment process for the HR and administrative personnel of a company (Armstrong, 2006). Requirement for recruitment documentation varies according to companies and job profiles. For instance, for a job profile of Supermarket Assistance in Waitrose, the requirements specified by the company show

Jet Blue in the United Kingdom Research Paper Example | Topics and Well Written Essays - 1000 words

Jet Blue in the United Kingdom - Research Paper Example As an MNE, Jet Blue also services Aruba, The Bahamas, Puerto Rico, Mexico and Bermuda. Jet Blue is able to compete with much larger U.S.-based airline companies such as American Airlines as the business has been able to shed much of its high operating costs related to supply chain and fleet management by maintaining a lean operations methodology (Jet Blue, 2011). Price reductions in the form of lower and competitive ticket prices are accomplished through its lean business model that makes Jet Blue an attractive alternative to high-frills airline companies. A country where Jet Blue does not have market presence is the United Kingdom, a generally attractive market for foreign direct investment by the organization. The United Kingdom maintains a significant airline infrastructure that will assist Jet Blue in establishing a centralized hub in order to serve the UK market effectively. Major renovations to such airports as Heathrow International have provided more traffic space and feasibi lity for structured and timely arrivals and departures. Alongside the infrastructure exists recent government deregulation of the airline industry that had once controlled pricing and established anti-monopoly legislation by major carriers. This has removed some of the financial and regulatory barriers to new entry by airline competitors, making the United Kingdom a viable market for direct investment. Another advantage of investing in the United Kingdom is the economic environment. Currently, the United Kingdom still measures its currency against the Pound Sterling, a method of isolating volatility and risk associated with the current Eurozone economic crisis related to the Euro. The UK Pound Sterling is currently worth $1.61 as compared to a single U.S. dollar. Jet Blue currently has established a very viable and well-developed supply infrastructure within the United States, giving it many comparative advantages in relation to procurement. By investing in the United Kingdom, Jet B lue can establish a moderately higher pricing structure that is comparative to the British Pound Sterling, providing profit opportunities of approximately 60 percent, especially when moving materials procured in the United States into the foreign UK market where import pricing risks are dramatically reduced compared to this much higher-valued Sterling currency. Procurement costs for on-board operations management will be fundamentally less expensive than in the United States if not procured domestically in the United Kingdom. There is, however, a significant disadvantage to entering the United Kingdom for direct investment. There are currently many different low cost carriers, such as RyanAir and Air Asia, that provide similar low-cost and low-frills options for consumers and business travelers. Deregulation occurring in the last few years has removed entry barriers to these companies that now have high cash flow and considerable positive brand reputation with price sensitive consum ers. Even Virgin Airlines offers similar low-cost methodology allowing this carrier and those such as RyanAir and Air Asia to have comparative and competitive advantages in pricing and quality. Jet Blue is not a well-known brand name in the United Kingdom which could provide much higher cost allocation toward the promotional function (such as advertising and online marketing) in order to compete in this dynamic competitive market. Minimizing foreign exchange risks is not that complicated for Jet Blue, considering the currencies regularly traded in this market. The Euro and the Pound Sterling are both valued much higher than the

Mythical man-months Essay Example | Topics and Well Written Essays - 750 words

Mythical man-months - Essay Example One of the first problems that existed previously was that any activity was taken up with a sense of over-confident optimism with the belief that nothing could go wrong at all. But, even the biggest of corporations and the most intelligent of people make mistakes. Therefore, the industry experts have devised new techniques for debugging any errors that are encountered. Any occurrence of an error is considered as a risk and under such a scenario, Risk mitigation and monitoring management techniques (RMMM) are adopted. Under this approach, all possible risks that may arise in the development of the application are identified and they are prioritized according to their impact and efforts are made to eliminate them beforehand or whenever they are encountered. The second deficiency is with estimation of the Cost and effort. Though, the man-month is considered to be a fallacious concept, it is still used in estimation, with the only change being that industry has come up with certain concrete mathematical formulas under different techniques by which the man-months can be estimated and the effort can be calculated. One major observation in these modern techniques has been that the formulas for these methods has been devised using historical data from previous projects that have been taken up by the industry. Thus, the only limitation in this aspect is that any project may not conform to stay with the historical limits and may go out of range at any time. Thus, it is extremely important to devise concrete techniques even today.Earlier, scheduling the testing stage for any Software project was the most mismanaged aspect and the industry was not particularly concerned about it. But, today's software products are very specific and in order to s atisfy the customer, products are examined in minute detail. For this, the industry uses the concepts of '' and '' testing that uses the approach of enabling the user to assess the product and help the maintenance team to unearth all underlying errors. Even prior to this stage, the Spiral Model of Software development, which is popular in the industry today, is of a cyclic nature, which uses the concept of evolutionary prototyping and constant customer feedback, that minimizes the chances of any errors, thereby ultimately reducing the burden on the testing team.Today, Large software systems are developed in a planned and systematic manner, which eliminates yesteryear problems of understandability and clarity. Under this approach, complex tasks are broken down into simpler ones and each simple task (that is known as a module) is assigned to a team, wherein each individual solution is then assimilated through proper & preplanned interfaces that connect every individual module hierarch ically. Present software is developed in such a manner that there is always scope for adding enhancements and additional features to it. This is done under the concept of adaptive maintenance. The interesting thing with present SW engineering methodologies has been that such provisions for all possible add-ons are predetermined at the planning stage itself, with a major emphasis on reusability and platform independence.A major difference SW engineering and any other form engineering say in the construction domain is that analysis is much more complex, with some

Assignment Example | Topics and Well Written Essays - 500 words - 228

Assignment Example The executive director of New Yorkers Against the Death Penalty David Kaczynski claimed that medicine is supposed to heal people; it is not sets as its purpose to heal them in order to kill. There appears to be a strong controversy. One point is that he conducted a crime and deserves death penalty. Another point is that he is not sane to be executed. Thus, Singleton has to bear the responsibility for own actions. The goals of court and medicine appear to be in a conflict regarding this issue. There are three main possible outcomes: he is being cured and killed; he is insane and would not be executed; he remains insane but still he is being executed – without conscious perception, just murdered like an animal. Each argument has its sense. Supporting the first variant, I cannot accept the second one. If a person conducted a crime, he has to face the consequences. If he is already a death row prisoner, no reason could be strong enough to change the decision. Another aspect is that he has to be conscious enough to realize the weight of the crime he conducted. Just eliminating him may help society, yet such extent of punishment has no conscious and moral element. There is a probable claim that medications and efforts of doctors are applied not properly. Doctors spend their time, drugs are bought and used for accomplishing a short-turn goal – to heal to execute immediately. It all may happen the same time when people are ill and suffering, they may have no money to buy medications; while the government spends money and medicine for those who will be executed shortly. It is a kind of waste of resources. If there is a person, who is dangerous and destructive, he or she has to be isolated; murder is a reason for death penalty. There are objections to such measure of punishment and debates are still held. Anyhow, doctors and medicines have to be used for healing people. Medicine values reject healing for killing. I would

Business & Society case Study Essay Example | Topics and Well Written Essays - 500 words

Business & Society case Study - Essay Example Market stakeholders aid Disney Corporation in delivering its services to the community, notably the provision of job opportunities to the surrounding communities, though commuting from the less expensive surrounding community since the area is considered to being a business location and not for settlement. The first key market stakeholders are the creditors who play an important role in the day to day running of the business in most corporations as they provide the unavailable funds that companies and businesses require to invest in as the aim to boosts its business activities (James E. Post 6). Disneyland is a business location in which their major business is the tourist and resort centre which is a booming industry. The creditors of the companies involved in the tourism and resort business are the major stakeholders because they have lent their money expecting the returns of capital principal as well as the interest (James E. Post 15). The second key stakeholder in this case study are the employees who contribute the relevant knowledge and experience as the workforce to the company in which, in return, they get wages benefits, salaries and the chance for personal realization and satisfaction. The third suppliers who are the holding key backbone on the going concern of the tourist and resort business in Disneyland, the suppliers supply services, energy, raw materials, other various inputs in return for payments. The final non-market stakeholders are the wholesalers, distributors and the retailers who are the main chain of the distribution in the whole process thus aiding its movement to the final consumers (Post et al. 25). In this case, the non-market stakeholders are the surrounding society, the general public, media, non-governmental organizations and the business support groups. All of these non-market stakeholders are generally not affected by the economic exchange of the company. It is important to note that the decisions of

The Man of the House Essay Example for Free

The Man of the House Essay The Man of the House The book Angela’s Ashes by Frank McCourt is about a young man that retells his childhood, when he and his family move from America to Ireland. Throughout the book the three main characters are Angela Mc Court (Frank’s mother), Malachy Mc Court (Frank’s father), and himself. All three of the characters play a very important role in the book, and they also affect each other. The most complex character of the book is Frank. Frank is not only the protagonist of this book, but he is also able to express all of his feelings in all the situations he goes through, throughout this book. Frank is the most variegated character in this book. He is the one that has to deal with not only his problems but everyone else’s. As the book continues the protagonist, Frank is growing up to be a man by himself (324). Usually boys have fathers that help them grow up into mature men, but Frank never was able to have that. His father was out drinking, not worrying what was going to happen with his family, and being irresponsible and selfish, which is what happens to a person when they have an addiction. When his father abandons the family, the weight is then put on Frank to take care of his siblings and mother. He is then put in the spot of â€Å"the man of the house†. Frank doesn’t mind getting a job at all, in fact he rather get a job then get an education (261). He likes the idea of working because when you work you see the result right away, which is money, but when getting an education your reward is more long term than short term. He sees this as a responsibility, but he also looks forward to being a man, and bringing home the wages his father was never able to do (265). Frank goes through this struggle throughout the book, becoming a man without his father, but he also has a hard time with his religion. Frankie, at this point, goes back and forth with Catholicism. His whole family is catholic and he believes in God, but there has been so many times where the Catholic Church has shut the doors on him. All of the experiences that Frank has had with the church do not make him think of his Irish religion as a positive thing. Frank mentions that when he is out being the messenger boy the poor people of Limerick are the ones who will tip him exceptionally well, the wealthy people on the other hand, the nuns, and the priests do not tip at all (315). Mentioned  throughout the book are the sins that Frank makes, all of the sins he makes guilt him, and they just get worse as the time goes on. Frank, as any other protagonist, goes through a long journey that makes him the man that he grows into by the end of the book. He goes through many obstacles, which is why I think he is the most complex character. Frankie makes the most progress, he has a goal that he makes early in the book, and that is to go back to America, which he later on succeeds at doing. He keeps determination that comes from within, but from also people around him that believe in him and what he is capable of doing.

Effect of sleep quality on perceived academic performance

Effect of sleep quality on perceived academic performance Purpose: The purpose of this paper is to study the impact of the quality of sleep of student of premier MBA institutes on their perceived academic performance. This study also aims to establish whether the burnout faced by students behaves as a mediator in the relationship between the sleep quality and the perceived academic performance. Finally, keeping work experience as a moderator, we also aim to study whether students with more than 12 months of work experience show any difference in the results when compared to those with less than 12 months experience. Design/methodology/approach: A questionnaire was designed using 3 pre-existing scales to measure Sleep Quality, Burnout and Perceived Academic Performance. This questionnaire was floated in the electronic format to students of XLRI Jamshedpur and other schools of business in India. A total of 163 students responded with completely filled in surveys. Findings: The study concluded that the Sleep Quality does not have a direct impact on the Perceived Academic Performance in the case of students without work-experience. However, the indirect effect is significant, and Sleep Quality affects Burnout, which in turn has an impact on Perceived Academic Performance. Research limitations/implications: One of the major limitations of the study was that majority of the respondents were from only one Business-school, viz. XLRI Jamshedpur. In order to generalize the result across all B-school students of India, more participants from other B-schools need to be contacted. Also, while the Academic Confidence Scale, used to measure perceived academic performance, is better than using only grades, a better scale needs to be developed to thoroughly measure the performance of students not only in examinations but also in class through learning capacity, etc. Originality/value: Previous studies have identified that there is certainly an impact of duration and quality of sleep on the academic performance of high-school (and younger) students, as well as on the organisational performance of professionals. However, no study has previously been conducted for students of MBA courses. Keywords: Sleep Quality, Perceived Academic Performance, Burnout, Exhaustion Paper Type: Research Introduction As the corporate world begins to get more competitive, greater demands are made by organisations from employees and even more from those in managerial capacities. These demands are met by working professionals who modify their lifestyles in order to dedicate more time and effort towards achieving the high standards set by a demanding corporate world. This includes habits such as skipping breakfast and sleeping less. Such characteristics are observed also among B-school students who live on or near campus. Apart from low duration of sleep, many students also have irregular sleeping patterns and their quality of sleep is often not very high due to disturbances and other reasons. This irregular sleep pattern and low quality of sleep result in a drop in perceived academic performance of students. The high levels of academic rigour encouraged by the premier B-schools of India result in a high requirement of hard work and a very large number of hours per week to be put into coursework. A continued high level of demand can result in students feeling a sense of burning out-which is defined by a drop in motivation levels to work, mental exhaustion and sometimes also leads to students questioning their courses and their own abilities. Irregular and poor quality sleep is likely to result in a quicker onset of burnout among students. It is to be expected that once students start burning out, their performance in class and their confidence in their academic capabilities begin to suffer. Prior studies have observed and established the effect of sleep quality on students of high-school and of younger ages. Some studies have also been carried out on students of under-graduate courses. However, our study is primarily aimed at observing these effects on students of Business schools only. We are also aiming to establish whether or not the burnout level of a student is a significant mediator on the effect of sleep quality on perceived academic performance. Research background and hypotheses Sleep Quality Sleep is a complex phenomenon to measure. Sleep quantity is considered universally as a good measure to evaluate this phenomenon but results indicate that for studies, researchers should use sleep quality than sleep quantity which includes many other factors other than just the duration of sleep (Vail-Smith et al, 2009). In some studies, sleep quality was measured by factors such as sleep environment, noise disturbances, other sleep accessories (Triangle Business Journal, 2010). Many other studies measured sleep by collecting information regarding not just the number of hours of sleep but also time awake in the middle of the night, time taken to fall asleep related factors (Business Wire, 2009) To suit our requirement for measuring sleep quality, Pittsburgh Sleep Quality Index (Sleep Medicine Index, 2010) was used. This index includes not only the number of hours of sleep but also any disturbances in sleep, sleeping waking up time, and the subsequent effects of the sleep pattern on the subsequent days functioning. The Pittsburgh Sleep Quality Index (PSQI) (Buysse et al. 1989a) helps to discriminate between good and poor sleepers. The different dimensions covered by this index are Subjective Sleep Quality, Sleep Latency, Sleep Duration, Habitual Sleep Efficiency, Sleep Disturbances, Use of Sleep Medications, and Daytime Dysfunction. It is comprises of 19 self-rated questions 5 questions that are by a roommate. In the end it generates seven scores by summing up the component scores of the seven components. For our research purpose, we have taken only the 19 self-rated questions only since in the B-School context many students stay in single rooms in hostels. Hence, including the other 5 questions will not aid in the research. For the scale items, see Appendix 1. Burnout No doubt the sleep quality affects the perceived academic performance but it alone will keep the research restricted. Hence, a mediating variable is used to explain the whole effect. So burnout is used as a mediator here. Burnout is a concept that is used mainly in the work related context. It is defined as a syndrome of emotional exhaustion, cynicism or depersonalization, and reduced personal efficacy. Common symptoms of burnout are stress, exhaustion, fatigue, lack of concentration etc. As stated above, usually burnout is used in work related context especially for executives, CEOs etc (Anonymous, 2002); however, we have extended its usage for B-School students as well. Since a B-School environment demands meeting deadlines, toiling hard working for long hours- all of which are reasons that can cause burnout. To measure Burnout, School Burnout Inventory (SBI) is used. This inventory comprises of three dimensions- exhaustion, cynicism towards meaning of school sense of inadequacy. Out of these, only first two namely, exhaustion cynicism are used in our research; inadequacy is not measured since it is not applicable for our sample students. For the scale items, see Appendix 2. Perceived Academic Performance Instead of taking the academic Grade point as a measure of the academic performance of a student, we took the perceived academic performance as an effective construct to measure the capability of a student. Since academic performance means understanding, assimilating reproducing the teachings not getting good grades alone. This has been cited as the militation in many studies before. According to researchers, learning satisfaction from the course sheds more light on the topic of academic performance. (Garger et al, 2010) To measure the perceived Academic Performance for the B-School student, Academic Confidence Scale (ACS) is used. This scale has six factors namely, studying, understanding, verbalizing, clarifying, attendance grades. Out of these, verbalizing clarifying are not very relevant variables in a B-School context since these are basic skills which are expected from all students of B-schools. For the scale items, see Appendix 3. Work Experience as Moderator Research has been done linking sleep deprivation with burnout in corporate environment. The continuous stress that people in jobs feel is more especially at the higher levels in the organization (Anonymous, 2002). This continuous exposure to the high levels of stress gives students with more than 12 months of work experience more ability to handle low quality sleep and therefore, it should not affect their performance. Sleep Quality Burnout Burnout has a variety of causes and symptoms that erode the mental, emotional and spiritual quality of life. (Francis, 2006) Among other symptoms, sleep quality is considered as one of the major symptoms of burnout in humans. During sleep our body releases hormones etc which are used to repair damaged cells etc. Lack of sleep stops this process and hence leads to irritation, frustration, fatigue-all symptoms of burnout (Francis, 2006). Human body has a natural way of relieving stress through sleep (Spencer, 1987). Research has been done linking sleep deprivation with burnout in medical students (Dyrbye et al, 2006) corporate (Anonymous, 2002) but no such study has been done in B-School students. This research gap has been identified used in our model. Burnout and Perceived Academic Performance Students who feel energetic feel the vigour to perform give good academic results compared to their counterparts (Schaufeli et al, 2002). Burnout levels of students indicated by stress, fatigue etc cause low performance by students in academics this result is true not just for people of a particular nationality but has been proved for people of many countries (Schaufeli et al, 2002). This result can be used here as well for linking the burnout to academic performance of B-School students. Since in a B-School environment, there is a high stress work load which causes burnout to a large extend hence can affect the academic performance of the students. Sleep Quality and Perceived Academic Performance In the past, extensive research has been done in the area of sleep affecting academic performance. Most of the students who complained about sleep difficulties showed a drop in the performance compared to the others. (Anonymous, 2008). Regular proper sleep patterns among others are healthy habits which affect the grades a student gets. (Paul et al, 2008). Especially in a college environment, the students who take enough sleep, tend to score better than the others who sleep less. (France. 2009). Sleep patterns of college students are unique since it is influenced by work-related stress, parties, communal living arrangements etc. (Vail-Smith, 2009) This is an interesting observation as peoples attitude here are determined, to a large extent, by the group dynamics. Methods Sample The targeted sample consisted of B-school students studying in a 2-year full-time Post-Graduate course in MBA. Most of the respondents were students of the first year who have spent approximately 9 months in the course. However, some students of the second year have also been contacted to take their responses. The questionnaire, consisting of 33 items, was hosted online on Google Documents and the link to the form was sent personally to students via email and instant messages. The form contained no personal information that could be used to identify the respondents. In total, 163 respondents filled in the questionnaire. Of these, it is estimated that 131 respondents are from among the first and second year students of XLRI Jamshedpur. The remaining 32 respondents are from other institutes across India. Measures Our model consists of 3 constructs and one moderator as given below. The constructs were measured using modified versions of pre-existing scales as indicated below. Figure 1: Model Sleep Quality Work Experience Burnout Academic Confidence Sleep Quality Sleep Quality was measured using the Pittsburgh Sleep Quality Index (PSQI), a 24-item scale that consists of various types of questions ranging from subjective questions to multiple-choice questions, as well as some questions based loosely on the Likert Scale. Of the 24 items present on the PSQI, we have modified the scale to exclude the last 6 items (refer Appendix 1), since these are not applicable to B-school students. These questions are to be answered if the respondent generally sleeps with a partner or room-mate, and if the room-mate has observed any irregular sleeping patterns. Burnout Burnout has been measured by the School Burnout Inventory, developed by Salmela-Aro et al (Salmela-Aro,K. et al, 2009). This inventory was developed to be used on higher secondary school students and contains 9 items that measure burnout on 3 dimensions-exhaustion due to coursework, cynicism towards school and inadequacy at performing well at school. Of these dimensions, we have chosen to study only exhaustion and cynicism, since inadequacy is not applicable to students of the age of MBA students. Therefore, the scale has been modified to include only 7 questions in the final questionnaire (refer Appendix 2). Perceived Academic Performance The perceived academic performance is measured by using the Academic Confidence Scale (ACS) (Sander, P. Sanders, L., 2003). This scale consists of 24 items based on 5-point Likert scale. The questions measure Academic Confidence in 6 dimensions-Studying, Understanding, Attendance, Grades, Verbalizing, Clarifying. Of these 6 dimensions, the last 2 are not applicable for students of B-schools, since it is assumed that these students would show an accomplished level of verbalizing and clarifying aptitude. Of the remaining questions, we have chosen 8 items (Appendix 3) that display the best coefficients for the remaining 4 dimensions. Analysis The analysis is carried out for both Moderator Analysis and Mediator Analysis. For types of analysis, we are using the four-step method developed by Baron and Kenny (Baron, R.M. Kenny, D.A., 1986). For Moderator Analysis, we initially select all cases for which the student has work experience greater than 12 months and carry out the analysis. Similarly, the same is carried out for students having greater than 12 months of work experience. Finally, all cases are taken to carry out the Mediation Analysis. In order to measure the significance of mediation analysis, the Sobel Test is carried out as well. Results Sleep Quality and Burnout The regression analysis was carried out to find out the relationship between sleep quality burnout. It was carried out for both the values of the bi-variate moderator. Relationship Significance Unstandardised coefficient Standardised coefficient R Square Work experience 0.000 0.453 0.405 0.164 Work experience > 12 m 0 0.428 0.444 0.197 Overall 0 0.461 0.442 0.195 Table 1: Results for Sleep quality Burnout As we can see from the above table, the relation is significant in all the three cases the impact is also almost the same. From the values of beta and B, we can interpret that for every B-School student a poor sleep quality leads to increase in burnout. This could be attributed to the fact that burnout is a physical a mental condition which is same for the all the human beings. Every human being needs sleep to recover energy though the time duration of the requirement may be different. But a minimum amount of sleep is necessary for all. Burnout and Perceived Academic Performance The regression analysis was carried out to find out the relationship between burnout and academic performance. It was carried out for both the values of the bi-variate moderator. Relationship Significance Unstandardised coefficient Standardised coefficient R Square Work experience 0.001 -0.53 -0.355 0.126 Work experience > 12 m 0.002 -0.541 -0.355 0.126 Overall 0 -0.527 -0.353 0.125 Table 2: Results for Burnout Perceived academic Performance As we can see, here also burnout level increase leads to a decrease in the perceived academic performance of an individual. This shows that a persons perceived academic performance is affected by the burnout level. This in turn proves the hypothesis stated and reinforces the previous researches done on the same subject. Sleep Quality and Perceived Academic Performance The regression analysis was carried out to find out the relationship between sleep quality perceived academic performance. It was carried out for both the values of the bi-variate moderator. Relationship Significance Unstandardised coefficient Standardised coefficient R Square Work experience 0.883 -0.040 -0.024 0.001 Work experience >12 m 0.009 -0.443 -0.302 0.091 Overall 0.081 -0.213 -0.137 0.019 Table 3: Results for Sleep quality Perceived Academic Performance As we can see that the significance level is within the confidence interval only for the values with work experience > 12 months. The likely reason for this can be that people with work experience are used to maintaining high pressures on the job. Working round the clock, meeting deadlines etc are a part of their lives and they dont feel much difference when they enter a B-School. In contrast to this, freshers (college graduates) are not accustomed to a hectic schedule. The model with the results is shown below: Figure 2: Model with the moderator values Values on the left hand side are values for work experience less than 12 months; Values on the right hand side are values for work experience more than 12 months *symbolises that the result is significant Discussions and Implications As we can see, that the total effect is significant but is attributed to the indirect effect only and not to the direct effect. Also, the net magnitude of the total effect is very less. The factors that can be attributed to these results can be as follows. Over a period of time, human body adapts itself to any routine. Here the timing of our research plays an important role. Most of our respondents are 1st year MBA students who have spent almost nine months in a B-School. Nine months is a long enough time for the human body to adapt to such any change in routine. Had this research been conducted when the students entered the B-School, results might have been different The age group of all the respondents is between 20 to 30 years. In this age group predominantly, the human body has the energy, stamina the will to withstand any adversities in the external environment. If such a study is conducted in people of a different age group, their body might not have the vigour and will to withstand harsh environment circumstances Also, as we saw that the direct relationship between sleep quality perceived academic performance is significant only in the case of people having work experience more than 12 months. As we know, across B-Schools in India, number of students with prior work experience is less compared to the others. Hence, had the research been conducted for B-Schools overseas as well, the results might have been different with a significant direct effect as well. This research highlights the relationship between poor sleep quality burnout of students in B-Schools. This further leads to a dip in their perceived academic performance. To avoid this, B-school administration should consider preparing the schedule or curriculum of the academic year in such a way that the students dont need to compromise on their sleep quality. This will help them maintain attentiveness, concentration, etc. this in turn will help them improve their perceived academic performance. Also, the hectic life-style in a B-school takes its toll on mental health of the students by making them cynical in their approach towards their courses/academics due to burnout. Limitations Following are the limitations we encountered during this research study: Sample size not large enough: Although, responses from 163 respondents were collected but, still larger number of respondents if covered would lend more accuracy to the research findings. Also, majority of the respondents (about 80%) are XLRI students, research findings could be much more accurate if we can collect more responses from other B-school students. Timing of the survey: Since, after spending about 9-10 months in a B-school environment, students become habitual to this kind of a life style, so the impact of sleep quality on burnout or their perceived academic performance subsides. Had this research been conducted when the students would have just entered the B-school, responses would have been more impactful. Age group of the respondents: Since, most of the students in a B-school are in the age group of 20 to 30 years, they have much more will power their capabilties in terms of adapting to the needs of the environment are much more. Thus, they easily adopt to the lifestyle requirements of a B-school. Homogeneous group: These responses are collected from the respondents belonging to the same race culture, thus, the group is homogeneous. Responses should also be collected from the students of foreign B-schools who belong to different race, culture, religon ethnicity then, the findings would be far more accurate diverse. Group Dynamics: Group Dynamics play a very important role in influencing the behaviour of B-school students. Since, almost everybody sleeps late in the night, so it becomes a norm nobody feels that he/she is not getting enough sleep or he/she is being sleep deprived. Future Scope The scope of this research can be extended in future as follows: Increase the sample size to include students from other B-schools also, not only students from top B-schools. Also, students from foreign B-schools can be included in the sample. Similar research can be done for students who are not B-school students but, tend to follow similar life-style, like aspirants preparing for competitive entrance examinations. As already stated above, this research should include the responses of the students studying in foreign B-schools. Probably, then we will be able to make general statements about the characteristics of all B-school students. We need to measure the effect of Group dynamics also in our research study since group behaviour is known to influence the norms in the group. The timing of the research study is very important. Research should be conducted at the start of the B-school session for new admits who have not become habitual to B-school lifestyle. References Anas, B. (2009), Sleepless On Campus, McClatchy Tribune Business News. Training Development Anonymous (2002), To burnout and back: CEOs are top candidates for stress overload. Admit it or face the consequences, Profit. Toronto: Sep 2002. Vol. 21, Iss. 5; pg. 70 Anonymous (2008), Study Finds Lack of Sleep, Excessive Computer Screen Time, Stress and More Hurt College Students Grades; University of Minnesota study is the first to present data showing direct link between health-related behaviors and grades, PR Newswire. New York Baron, R.M. and Kenny, D.A. (1986), The moderator-mediator distinction in social psychological research: conceptual, Strategic, and statistical considerations, Journal of Personality and Social Psychology, Vol. 51, pp. 1173-82. Bower, B. (2002), Snooze Power, Science News.  Washington:  Vol.  161,  Iss.  22; pp. 341.  Alexandria Vol.  48,  Iss.  11;   pp 8 Business Wire (2009), First-of-Its-Kind Sleep Innovation Helps Consumers Measure and Manage Sleep Quality to Achieve a Better Nights Rest., , last accessed on 23-March-2010 Dyrbye, L.N., Thomas, M.R., Huntington, J.L., Lawson, K.L., Novotny, P.J., Sloan, J.A., Shanafelt, T.D. 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(2009), Relationship Between Sleep Quality And Health Risk Behaviors In Undergraduate College Students, College Student Journal, East Carolina University, Vol. 43 Issue 3, p924-930 Appendix 1 Pittsburgh Sleep Quality Index INSTRUCTIONS: The following questions relate to your usual sleep habits during the past month only. Your answers should indicate the most accurate reply for the majority of days and nights in the past month. Please answer all questions. 1. During the past month, what time have you usually gone to bed at night? BED TIME ___________ 2. During the past month, how long (in minutes) has it usually taken you to fall asleep each night? NUMBER OF MINUTES ___________ 3. During the past month, what time have you usually gotten up in the morning? GETTING UP TIME ___________ 4. During the past month, how many hours of actual sleep did you get at night? (This may be different than the number of hours you spent in bed.) HOURS OF SLEEP PER NIGHT ___________ For each of the remaining questions, check the one best response. Please answer all questions. 5. During the past month, how often have you had trouble sleeping because you . . . a) Cannot get to sleep within 30 minutes Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ b) Wake up in the middle of the night or early morning Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ c) Have to get up to use the bathroom Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ d) Cannot breathe comfortably Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ e) Cough or snore loudly Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ f) Feel too cold Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ g) Feel too hot Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ h) Had bad dreams Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ i) Have pain Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ j) Other reason(s), please describe__________________________________________ __________________________________________________________________________ How often during the past month have you had trouble sleeping because of this? Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ 6. During the past month, how would you rate your sleep quality overall? Very good ___________ Fairly good ___________ Fairly bad ___________ Very bad ___________ 7. During the past month, how often have you taken medicine to help you sleep (prescribed or over the counter)? Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ 8. During the past month, how often have you had trouble staying awake while driving, eating meals, or engaging in social activity? Not during the past one month _____ Less than once a week _____ Once or twice a week _____ Three or more times a week _____ 9. During the past month, how much of a problem has it been for you to keep up enough enthusiasm to get things done? No problem at all __________