Friday, December 27, 2019
A Life As A Philosophy Of A Person Who Told You That Can...
What would you say to a person who told you that you could retire at age 30, never have to work again, and still live a comfortable life, all on a normal salary and without winning the lottery? Youââ¬â¢d probably call them crazy. Of course thatââ¬â¢s not how money works. Well, my guest today did retire at age 30, and he did so without making hundreds of thousands of dollars a year. And through his blog, heââ¬â¢s helped other people reach ââ¬Å"financial independenceâ⬠a lot sooner than they thought possible by living a life of ââ¬Å"financial badassery.â⬠His name is Pete and heââ¬â¢s the owner of the website Mr. Money Mustache. In todayââ¬â¢s podcast, Pete and I discuss how living Teddy Rooseveltââ¬â¢s ââ¬Å"Strenuous Lifeâ⬠can help you become financially independent. Showâ⬠¦show more contentâ⬠¦A few days after I talked to him, I canceled my familyââ¬â¢s cable and saved us a little over $1,000 a year. I also got rid of some subscription services that I signed up for, but forgot about. Couple hundred dollars of yearly savings right there. If youââ¬â¢re looking for ways to get your finances in tip-top shape and perhaps even retire early, definitely take a look at Mr. Money Mustacheââ¬â¢s blog. Listen to the Podcast! (And donââ¬â¢t forget to leave us a review!) available-on-itunes available-on-stitcher soundcloud-logo pocketcasts Listen to the episode on a separate page. Download this episode. Subscribe to the podcast in the media player of your choice. Transcript Brett McKay: Brett McKay here and welcome to another edition of the Art of Manliness Podcast. Now, imagine youââ¬â¢re in your 20s. A lot of you are actually in your 20s and someone comes up to you and says, ââ¬Å"Look, with your current job, right, you donââ¬â¢t have to be making millions of dollars a year, just an average middle class job, you could retire at age 30 if you really wanted to.â⬠Of course, youââ¬â¢ll probably say, ââ¬Å"Well, thatââ¬â¢s crazy talk. Of course you canââ¬â¢t. Thatââ¬â¢s not how it works. You have to work 30, 40 years to save enough so you can stop working or the way you shortcut that is you start a business and sell it for millions of dollars or a rich uncle dies, you win the lottery. Weââ¬â¢re not counting on that so Iââ¬â¢m going to put my 30, 40 hours 30, 40 years in.â⬠My guest
Thursday, December 19, 2019
Machiavelli, Locke, By John Machiavelli - 1484 Words
Timothy Tran Robert Patch History 15 20 June 2015 Machiavelli, Locke, Marx Essay Locke would argue that Machiavelli represents the interests of monarchs who rule without the consent of the people. Locke is against absolute power; he thinks that the government should not be given all the power and that the people should get some of it. Machiavelli on the other hand would want all the power to be given to one person, so that they can make the decisions. Machiavelli argues that because of human nature, people do what they do, act the way they act and is why is wants a Sovereign society. People are selfish and self-interested. Machiavelli essentially wants the prince to increase his power and thinks that the prince should rule with force and not allow people to have consent. Living in Italy was not as peaceful as you would think. Italy had to face a big change in government in the late medieval period in the early Renaissance. Italy was in a bad situation because the country was being invaded by powerful foreign nation states such as France and Spain. No centralized government existed, and Italy had no monarchy to rule the country. Italy was practically tearing itself apart. It was a bad time to be an Italian. Machiavelli formulated his own theory of an effective government in a treatise known as The Prince, and he based his ideal Prince on Cesare Borgia s life. Machiavelli wanted a new theory that was freed from fixed ideals and ethical codes. Machiavelli s idea of aShow MoreRelatedNiccolo Machiavelli And John Locke974 Words à |à 4 PagesNiccolà ² Machiavelli, Karl Marx, and John Locke are three rationalists who, in spite of the fact that have changing feelings on how rulers should act, all think about the prosperity of the individuals from society. These three distinctive compelling figures of each of their own separate eras would in the long run make pieces out of scholarly showstoppers that give peruses a look into what the world resembled when overseeing powers ruled over social orders. The principal rationalist, Niccolà ² MachiavelliRead MoreNiccolo Machiavelli And John Locke1162 Words à |à 5 Pag esNiccolo Machiavelli and John Locke are, in simple terms, two vastly different kinds of people. They were separated by nearly two centuries, and lived in two different countries. Despite their contradictions on sovereignty, both Locke and Machiavelli shared a primary concern- the betterment of society. Machiavelli establishes in his work The Prince that there are two types of government; either republics or principalities, and The Prince will focus on principalities. He states that principalitiesRead MoreThe Contributions of Nicolo Machiavelli and John Locke to Political Thought1763 Words à |à 8 PagesThe Contributions of Nicolo Machiavelli and John Locke to Political Thought In political thought, there have been many people that have progressed political theory. Nicolo Machiavelli and John Locke are two of those famous individuals. The research here will be focused on them. Each Machiavelli and John Locke support a different political theory. At first, the background and relevant contexts will be discussed. Each person has written something that has influencedRead MorePhilosophers: Niccolo Machiavelli, John Locke and Karl Marx885 Words à |à 4 Pages With great ideas, comes and follows great change. Niccolo Machiavelli, John Locke and Karl Marx are renowned philosophers who paved way to the most prominent forms of government in the world. Through their literature they have created a huge wave of revolutionary ideas that exist in the several forms of government to this day. On one hand, Machiavelli advocates political absolutism. It is a form of government in which the governed accept the powers granted to a single ruler usually vested in aRead MoreHuman reason has not always been a presence in our daily lives. Doing the right thing, being1200 Words à |à 5 Pagesgovernments. Within such societies, political spokesmen like Machiavelli, Locke, and Marx, interpret their ideas to the people, which still remain significant to this day. One of their main focuses was to raise awareness, on their ideas on trust and human reason. While Locke and Marx urge us to have faith in human reason, as a positive means to society, Machiavelli wou ld claim the contrary. The concept of human nature and reason to both John Locke and Karl Marx juxtaposes that of Machiavelliââ¬â¢s, and theirRead MoreJohn Locke s Views On Private Property And Politics1133 Words à |à 5 PagesEach Philosopher in the early modern world has different perspectives regarding private property and politics in society. Although John Locke, Niccolo Machiavelli, and Karl Marx/Frederick Engels are from different times their criticism are crucial onto the world. Being from different eras gives them a unique perspective of how one should rule or govern. Each philosopher displays his own ideas and can seemingly disagree with one another in their methods of government. Therefore when issues of maliciousRead MoreThe Communist Manifesto By Karl Marx And Friedrich Engels1746 Words à |à 7 Pagesextreme in its own way, societies have implemented them into the roles of the government as well as how private property should be handled. John Locke wrote the Secon d Treatise on Government where his main issue concerns the relationship of people to their government and where the lines are drawn on what the government can do that is acceptable. Niccolo Machiavelli wrote The Prince, in which he argues that people are naturally immoral and will do what they can, whether good or bad, to maintain well-likedRead MoreEssay about Reasoning of Human Nature1611 Words à |à 7 PagesReasoning of Human Nature John Locke and Karl Marx have one thing in common, they both believe in human reasoning. Humans, they suppose, have the ability to be both rational and intellectual beings; they not only learn from those around them but also from their surroundings. Niccolo Machiavelli, however, disagrees with Locke and Marx. He argues that human beings are not reasonable and are chaotic without any such order. Although these three men differ drastically in their views on life and societyRead MoreThe Relationship Between Machiavelli And Machiavelli On Relationship Between Rulers And Subjects1930 Words à |à 8 PagesComparison between Locke and Machiavelli on relationship between rulers and subjects The sixteenth and seventeenth were the most important centuries for Europe. During this period, Europe saw rise of Scientific Revolution, skepticism and secularization. This era brought profound changes in the political realm of Europe. It was during this period strong centralized states entered world competition for wealth and power, accelerating the pace of world domination. Many major European powers colonizedRead MoreEssay on Impact of the Writers of Antiquity on Modern Times613 Words à |à 3 Pagesdescriptions of their theories. Born of brilliant men like Marx and Machiavelli, to name a few, these theories are preserved in books, illustrated in day-to-day domestic and international affairs, and immortalized in modern theories and documents. They are the predecessors of present theories that have been reinterpreted for a different era and reapplied in a new context. In his most famous work, The Prince, Niccolà ³ Machiavelli discusses the ways in which to not only attain, but also retain, political
Wednesday, December 11, 2019
HOBBY Essay Example For Students
HOBBY Essay A HOBBY Essay That I Enjoy My favorite past time is to spend time at the computer, even at a tender age I like computer systems. To having a computer was a dream, an almost impossible dream. I had a friend named George at that time, we were in the same school, same grade and we had a very good relationship. At that time he had a computer system and we spend our free time playing games, printing greeting cards, banners, we also did our school home work. It was very nice and playful even then I yearned to own my own computer, so I could spend more time learning how to use the computer. Once, searching for a nurse took 20 minutes, the elders were really aggravated at me. Then I quickly distributed candy to calm them down. For a while, I was dealing with kids who needed care and others to entertain them. As I get used to their manners, I began to feel more like a friend to them. A veteran from WWII told me the hardship he had to face against the Germanys. Due to the tests I had in school on that Friday, I was going to collapse. I honestly didnt want to volunteer that Friday, 4 hours of sleep really got me. But the encouragement from the veteran and the story he told me about facing the enemy, I told myself to have no fear and continue to study to achieve my goal. Another lady showed me some of her fine arts that she painted during her early age. The realistic characters and objects attracted me. Every little character was carefully drawn, as if popping out like 3-D objects. She taught me to be patient, not only at art but also in life and school. Patience is the key to success, which lead to a good future. I can be familiar with different knowledge which acquire only if I volunteering at the care center and by talking to the elders. Not so long did I get to know most of the elders and nurses around the building. It is much easier after 1 month of trying and error of taking and experiencing with them. When I play bingo with them, I would be a very talkative person if John were around whom likes to communicate a lot. On the other hand, I would be a quiet person when everyone is silent. After the few hours of working, I can feel a new person. Its always been this way since the day I started it. Not only volunteering at the care center makes the elders happy, but also I can experience different situations and how to manage them. There are many things I dont know about in the world. By working at the care center, elders who had encountered enough difficulty can tell me that about the things I need to improve. The most important is that I can feel a new me after the few hours of volunteering. Suddenly all my stress is gone. Bibliography: .
Wednesday, December 4, 2019
Speed Limits Essays - Traffic Law, Road Safety,
Speed Limits Imagine driving on I-75 as cars race by you at a blink of an eye. You are driving 60 miles per hour, the speed limit; they must be doing 100 miles per hour or more. This is not an illusion; this is the reality of driving on a highway. Believe it, it happens everyday. Cars race down the road at uncontrollable speeds that cause tickets, accidents, and sadly death. Speed limits are a must for traffic control, for safety in neighborhoods and for avoidance of collisions. Traffic control establishes a set of rules and regulations that people rely on to help avoid collisions and other hazards. With almost 160 million motorists and 3.8 million miles of public roads in the United States, traffic control on the highways is an important aspect of daily life. Without the control of speed there would be more fatalities than we already have now. Speed limits should be obeyed. A motorist going too slow could cause an accident. When everyone is traveling at the speed limit, a car comes up going 40 mph; if you break everyone will, too, perhaps causing a collision. Motorists depend on traffic control to avoid collisions and travel safely to their destination. Our neighborhoods need control of speed, too. Accidents not only happen on the highway, but also on residential streets, with the speed limits being 25 mph. Motorists are exceeding these limits as I speak. They would be unable to stop quickly enough for pedestrians, possibly swerving out of control and hitting a house or another car. My street has been monitored, by the city, due to this excessive speeding. The city of St. Clair Shores is trying to make the motorists aware of their speeding by posting a digital sign, which posts their current speed. Without a legal speed limit in residential areas, people would drive in excess of 25 mph all the time. We need this wild speeding controlled soon before something bad happens. Death! It's scary to think about that especially if it happens to someone you know. The single greatest cause of accidents in the United States is the automobile. In 1991, the U. S., automobile accidents were responsible for about 49.4 percent of all accidental deaths. That is not all from speeding, but it would be higher without speed limits. Motorists who exceed speed limits swerve in and out of lanes, which cause them to lose control of their vehicle. When seeing these cars on the news, speeding and getting into car accidents, you see the picture of the car and it is smashed. It leaves a fatal memory. Speed limits are a must for traffic control, for safety in neighbor hoods and for avoidance of collisions. Accidents are unintedtional and unforeseen, but result in personal injury or property damage. Let's try to avoid this by obeying the limits. Legal Issues
Wednesday, November 27, 2019
Sunday, November 24, 2019
College vs. High School Differences and Similarities
College vs. High School Differences and Similarities Many students cant wait for high school to end and college to start which is associated with freedom, friends, living without parents and a chance to take control over your life. Most people admit that in college theyve entered adult life. We wont talk about adulthood here as its not the time for tedious matters we are going to compare the differences and similarities of life in high school and college instead. What should you expect from each? What are the main challenges of each? Is college academically hard? Lets go straight to business. Comparing Two Milestones of Student Life So, you want to move out of your parents house as quickly as possible to have fun and attend parties, as youve heard these are the only things college students do. However, this is not actually true. Obviously, there are a lot of differences between studying in high school and in college. To help you figure out what they are, weve prepared the lists that are divided into categories determined by different spheres and aspects of both academic levels. Studying Process While high school studying process might seem difficult, many students find studying in college more challenging due to lack of self-motivation. High School: You attend all the scheduled classes You have a lot of classes a day You are obligated to be in school and do your homework College: You schedule your classes the way you want You choose classes which you long to learn Attending classes and completing assignments are your responsibility You spend most of your time on homework Commonly your course grade is defined by one single exam or assignment You might be also interested to know more about the differences between high school and college finals. Lifestyle and Social Sphere Its hard to be objective when it comes to comparing college vs. high school social life because getting into a college can be too overwhelming to keep a clear mind. Parties, adulthood, numerous new friends, tight budget, anxiety, new everyday routine ââ¬â all of these things are like an avalanche for a freshman. High school: You need to get up early in the morning to be able to get to school right on time for your first class You live with your parents You know everyone in your class You have a schedule assembled by your teachers and parents Studying at home for 2-4 hours a week might be enough the rest of your spare time you spend as you wish You try to look ââ¬Å"coolâ⬠and often feel embarrassed College: You get to know a lot of new people from different parts of the country (or the world) You can stay up all night ââ¬â anyway, getting up the next day will be only your problem You can schedule your weeks as you want to You spend less time in class, but you have to study more in the dorm or in the library You can visit events and parties without someones permission Everyone is too busy to pay attention to your outfits Establishing a friendship with your roommate is highly recommended Teachers and Professors Its not a secret that most of the time in college you spend on trying to force yourself to complete your assignment. You will also need to learn how to contact your professor and how to find his or her office hours in a gigantic schedule. High school: Teachers closely follow the books Teachers help to be right on time with all of your assignments Teachers try to motivate and engage you Teachers provide you with assigned material College: Professors follow the books they wrote and academic works or personal experience No one will hunt you down for attendance, but you will have problems if you skip the classes You are the only one who can motivate yourself ââ¬â its not your professors business Professors treat you like a grown-up and expect responsible and deliberate behavior from you Food Food is almost the last thing a student thinks about when imagining studying in college. But its a very significant issue which almost in all cases requires basic cooking skills. High school: Your parents provide you with healthy dishes You can eat in a school cafeteria during a school year You rarely or never cook for yourself College: Just find something more nutritious than a pack of chips. These Tricks for Cooking Healthy College Meals on a Budget can help you. So, weve already defined some differences between these two life stages. Lets make an overall comparison of student life in high school and college. College vs. High School Life in college has so many opportunities, which were banned for students during high school years. But it is also accompanied by many difficulties students face for the first time in their lives. High School You dont know what time-management is You need to learn how to take care of a plant in your room Teachers try to encourage you to learn You are banned from many events You wish you had more spare time You are anxious about specialization choice Sometimes you lie youre sick Everyone attend high-school because they are obligated to You think that college level is the end of learning You believe that tests are the worst part of studying You think that college students spend the whole time at the parties You cant wait to get into a college You wish you were older College You need to work on your time management skills You need to learn how to plan your budget You need to learn how to take care of yourself Self-motivation is your main task Parties are not as fun as one says Studying takes a lot of spare time You choose college classes which you are interested in You have no time to be sick Those who attend college do that because they want to and chose to You know that you have a lot more things to learn after college graduation You need to perform actually in-depth researches You think that high-school students are kids You can find a part-time job You need to learn how long human can live without sleep
Thursday, November 21, 2019
LAND LAW Essay Example | Topics and Well Written Essays - 1000 words
LAND LAW - Essay Example In respect of establishment of an easement there has been a criteria that has been laid down in Re Ellenborough Park1 which are generally referred to. The first criterion is that there must be a dominant and servient tenement and therefore the easement cannot exist in gross. (Hawkins v. Rutler)2. Clearly in respect of the facts at hand there was a land that is number 3 which was the dominant tenement and a servient tenement that is number 1. The second criterion is that the dominant and servient tenement must be owned or occupied by different persons (Roe v. Siddons)3. In respect of the facts at hand even if the land was owned by the same person according to Wright v. Macadam4 the occupation by different persons would allow an easement to be created. Thirdly the fact the easement must benefit the dominant tenement and this is dependent upon the proximity of the servient tenement; it should not be purely personal advantage (Hill v Tupper); and the right must not that be of a recreatio nal user. In respect of the fact at hand clearly there can be seen the fact that the benefit is of the dominant tenement. ... the facts at hand, the second that there must be a grantee which is evident because the tenants were granted the rights; thirdly the subject matter of grant is sufficiently certain, which is clear enough in respect of the facts that is the right to cross; and finally the right must be capable of being called an easement that is it is covered under the rights which have been recognized to be easements, which has been done in respect of the right to cross. The final factor that has not been expressly listed down in the case was that of public policy which is considered when determining whether an easement is existent or not. The next aspect that is considered is that easement can be existent either legally or under equity as laid down under section 1 of the Law of Property Act (LPA) 1925. As far as legal easements are considered there are a number of formalities that need to be fulfilled. The first requirement is that for a legal easement there must either be a fee simple absolute in p ossession or as an adjunct to a term of years (section 1 LPA 1925). Secondly easements can only be legal if created by way of statute, by prescription, by deed or registered disposition. All other easement are equitable in nature. As far as easements by statute are concerned they are created by the Acts of Parliament, which is clearly not the case in respect of the facts at hand. As far easement by prescription is concerned it is by way of long use and is by way of common law prescription, ââ¬Ëlost modern grant and/or Prescription Act 1832. In respect of easement by prescription it can be in fee simple only. Thus clearly this would not be applicable to the case at hand As far as deed or registered disposition is concerned this is done by way of a formal document which has clearly not been
Wednesday, November 20, 2019
Cordoba House Essay Example | Topics and Well Written Essays - 1000 words
Cordoba House - Essay Example People's opinions differ greatly, as not all inhabitants of New York are looking forward to seeing the building being constructed there. Personally, I strongly believe that the Cordoba building should be moved elsewhere. This would be a very sensible step; it would prevent unrest from taking place. Many lives may also be lost in that unrest, hence it is in the best interest of everyone to move the building elsewhere. Based on the First Amendment to the United States, which is part of the Bill of Rights. The amendment guarantees freedom of religion, free exercise of religion, and freedom of speech. American society is diverse and is made up of people belonging to different religions. Cordoba house can be built anywhere, even two blocks from ground zero. They do have the right that guarantee by the first amendment, but it does not mean they have right they can make it right. This is relates to human morality. The majority of people, especially those families whose members died on Septe mber 11, feel that the Mosque is a ââ¬Å"slap in the faceâ⬠for them and for the society in general. This building will always remind on events taking place on that terrible date, and the darkest day in American history .The life of people who suffered from those events would become a terrible nightmare. The Park 51 was initiated by both American and Muslim representatives in order to build the proper relations between these two nations and to enhance the place of religion in the life of people but it was funded by Muslim. It was stated that Cordoba House project calls for a ââ¬Å"15-story community center including a mosque, a temple, a worship place for Christian community and Catholic, performance art center, gym, swimming pool and other public spacesâ⬠(Bliman n.d.). It sounds very great and easy to attract to all community from every religion, gender, class, ages, and to visit and build relation with each other. The problem is why they have to build religion practic e inside the building, even though their intention is to build better understanding among various faiths. Do they have to build religion practice inside the building. There is a lot of way to unify all the religion they can make events every week or month where every religion can have their own workshop in one place. It is impossible to enhance the place of religion in one place. Imagine Muslim is praying and worship in their room with a loud sound. Next to it, Christian is worshipping their God by singing with a loud song and enthusiasm. Catholic and Jewish is praying with hymn. How they are going to react with each other when they feel being disturbed by other people that being worshipped their own God. It is like putting oil in the water which will never mix together. History has proved it time and again; it is been thousands of year people always fight each other in the name of religion. Many people died because of that do we have to add more pages to history of holy war. Everyb ody knows this building is a beautiful building with very proper architecture and elements, and this building will be added to beautiful constructions found in the New York city. But according to CNN Opinion research Corporation poll it showed that about 70 percent of all Americans oppose this plan. While only 29 percent were in favor of the park. People that want to build Park 51 should listen to this voice. They build this house based on tolerance between people. If they want to show tolerance they should consider this voice. This is like put salt into the wound that
Sunday, November 17, 2019
Nussbaums Approach, the Capabilities Approach Essay
Nussbaums Approach, the Capabilities Approach - Essay Example Nussbaumââ¬â¢s Approach, the Capabilities Approach The society is sometimes affected by vices such as inequality and favoritism in attitude and behaviors based on sex stereotypes, ethnic, originality, economic and social status. This was despite the common knowledge that the practice is erroneous. It led to the making of biased actions and consequently denial of justice especially for the underprivileged citizens. Inequality degrades understanding in various societal aspects including interpersonal, of intra- and interactions among members of society and the established institutions. The discussions equality in the liberal theory made Nussbaumââ¬â¢s expression in her capability approach to equality. Moreover, civil liberties are crucial factors that determine citizen participation in the decision making process. Some political philosophers argue that a country requires a constructive platform for social democracy in order to achieve socioeconomic development. This calls for resolution of disputes amicably and minimal interferences in the dealings of other nations. Nussbaumââ¬â¢s approach, the capabilities approach, is designed to remedy serious flaws in Rawlsââ¬â¢s theory of justice. While Nussbaum succeeds in addressing some areas of concern for Rawls, I will argue that ultimately, these changes are not enough and neither the capabilities approach nor justice as fairness can fully protect womenââ¬â¢s human rights.... First is the principle of equal liberty that maintains that every individual has an equal right to the broad autonomy. This principle seeks to merge the ethics of equality, individual autonomy and obligations. It is regarded as a better ideal compared to harsh social equality since it gives a fairer opinion on what constitutes inequality-reflecting disparities in preference. The second principle is the difference principle that asserts that socioeconomic disparities should be planned so as to make it beneficial to less-privileged people while opening up equal opportunities for all. In the egalitarian ideals, liberties are allocated equally to all people. Additionally, he argued that it would be correct that each time societal structures persuade these ideals, victims oblige as long as they are free and fair. Individuals who have cognitive disabilities need to be treated equal and with respect like the normal human beings. It is important for the law provisions to guarantee such peopl e equal access to basic amenities such as health care, employment, education and housing. This cluster of people should have political and civil rights to express their opinion and participate in decision within the society. Martha Nussbaum gave an elaborate and overwhelming critique on the social convention and Rawlââ¬â¢s theory of justice (Alkire p. 32). She argued that social contract gave an inadequate insight of justice, particularly on people disabilities and non-citizens. Inclusion of this group in a theory of justice was an infringement of ââ¬Å"premises of contractarianismâ⬠. The premises of contractarianism included; the treaty intended for the common benefit, some people were almost identical in powers and is largely egocentric in quest for their interests. She argued that disabled
Friday, November 15, 2019
Comparison of Stakeholder Theories
Comparison of Stakeholder Theories Compare and contrast stakeholder and stockholder theories. Discuss how each relates to ethics and regulation. The shareholder theory was described initially by Milton Friedman and it states the traditional view that the maximisation of financial value for shareholders is the ultimate goal of the business (Mansell, 2013). The central idiom of shareholder theory implies that long-term cash surpluses increase shareholder value (Rausch, 2011). Smith (2003), writes describing some of the misconceptions regarding Shareholder theory clarifying that the increase of profits is clearly restrained by legality. Additionally, there exists the perspective that under shareholder theory, charitable donations are discouraged as they would directly reduce profits however they are supported within the constraints of available capital. Stakeholder theory was described initially by Edward Freeman and it states that a company has a duty of responsibility to an extended group described as stakeholders. Stakeholders include all individuals which may be affected by the activities of the company for example shareholders, employees, customers, and competitors. According to Kaler (2006), stakeholder theory has two main ethical functions-firstly, it proposes distributive fairness within a capitalist framework, by distribution of profits to non-shareholder interests as opposed to the shareholders only, and secondly it promotes the concept of corporate social responsibility which produces ethical pressure for companies to adopt obligations to society that transcend shareholder appeasement. Stakeholder theory has gained popularity in light of recent corporate scandals (Reynolds et al, 2006). According to Smith (2003) the fundamental distinction between shareholder and stakeholder theory is that stakeholder theory stresses that stakeholder interests are considered even if profits are diminished as a consequence however as all interests are represented and as this includes the shareholders, there is still a requirement to show a profit without which the business would fail. According to Mansell (2013), it is possible for an organization to maintain and uphold the ethical principles, described in the shareholder theory model, whilst simultaneously upholding those described in the stakeholder theory model by modifying the traditional credo to extend the tenet regarding sole stakeholder focus being maximization of shareholder profit. This is achieved by questioning if the concept of corporate duty to achieve happiness of any non-shareholder contravenes shareholder theory. Mansell maintains that the original shareholder theory is effectively outdated and that his modifications would allow both theories to coexist. 2. List five normative ethical theories and provide a one-paragraph summary of each. How are they similar? Different? You may choose from the following: virtue ethics, deontology, consequentialism, welfarism, egoism, relational ethics, role ethics, and pragmatic ethics. Deontological theory is determined by the categorical imperative and states that one should act only on axioms which can be reasoned to be universal laws of nature and to treat humanity in an individual as the end and not the means. Thus ethical behaviour is based on intent. The virtue approach considers virtuous behaviour such as honesty, kindness, and generosity. When looking at behaviour from an ethical perspective the question is asked are these actions reflective of virtuous behaviour and is it representative of the type of business the bank aspires to. This is similar to deontological theory from the perspective in that its characteristics are intentional. According to Melchert (2006), consequentialism is a utilitarian moral philosophy in which actions are categorized as morally acceptable or unacceptable according to their consequences. This theory opposes Deontological theory in that the deontological approach is to judge according to the intention of the individual rather than the consequence of the action whereas the action in consequentialism is absolute. According to Gravel and Moyes (2013), welfarism describes a number of normative approaches which rank social states based upon the distribution of welfare levels. An prime example of one of these approaches is utilitarianism, Utilitarianism has its roots in early Greek philosophers who reasoned that the best life is one that causes the least amount of suffering. Utilitarian theory states the principle focus is maximizing utility. In the field of business ethics, utility equates to the increase in happiness with the reduction of suffering. Ethical egoism is often described as the traditional business model (Debeljak and Krkac, 2008) who debated that opposing the concept of Friedman that the only goal in business is the generation of profit, there are ethics in business namely egoistic business ethics. As is the case in business and other interests, additional factors are essential besides self-interest such as the right to exercise freedom of choice and continuous concern. Self-interest can only be achieved if all conditions are met therefore if the individual maintains the conditions for themselves, they are met for all. References Debeljak, J., Krkac, K. (2008). Me, myself I: practical egoism, selfishness, self-interest and business ethics. Social Responsibility Journal; Bingley4.1/2 (2008): 217-227. Gravel, N., Moyes, P. (2013). Utilitarianism or welfarism: does it make a difference? Social Choice and Welfare; Heidelberg40.2 (Feb 2013): 529-551. Mansell, S. (2013) Shareholder theory and Kants duty of beneficence. Journal of Business Ethics: JBE; Dordrecht117.3 (Oct 2013): 583-599. Melchert, N. (2007). The great conversation: a historical introduction to philosophy (5th Edition). New York: Oxford University Press. Rausch, A. (2011). Reconstruction of decision-making behavior in shareholder and stakeholder theory: implications for management accounting systems. Review of Managerial Science; Heidelberg5.2-3 (Jul 2011): 137-169. Smith, H. (2003). The shareholders vs. stakeholders Debate. Retrieved March 18, 2017, from http://sloanreview.mit.edu/article/the-shareholders-vs-stakeholders-debate/
Tuesday, November 12, 2019
The Life-Threatening Experience :: essays research papers
I was a freshman in high school and invited to the biggest party an underclassman could attend. I had no reason to think that attending this party would put me in a life-threatening situation. I thought the party would be exciting and fun. Instead, it turned into a night that ends so tragically. One Friday night some friends and I decided to attend our high school's football game. Upon arriving, the stadium was already covered with overjoyed, and exciting fans. During the game, there was excited chattering about the party. Everyone was talking about going. Finally, the game was in the last seconds of the fourth quarter,a nd oru team was winning. The crowd was all fired up. When the game endend, everyone stampeded to theri cars and headed to the party leaving the once filled stadium deserted. When we finally arrived to the party, I could feel my body trembling with excitement and nervousness. It was a couple minutes after 10 pm and the party was already jumping off. Wehn entering the main room, you could see people dancing, clowning, and just having a good time. Althought the room wasn't that big, I begin to dance and enjoy myself as well. All of a sudden a fight broke out. You would have thought someone screamed free food the way everyone was running. People were falling all over the place trying to avoid the fight, but no one would break it up. When the fight was brought to a halt, everyone was ordered to leave. Everyone was stumbling trying to get out the house and to their cars, until one of the guys fighting decided the the issues wasn't resolved. He pushed his way back into the house, pulled out a gun and begins shooting. I was so close that I could hear the bullets flying by my ears, and I could see the sparks from the gun. I couldn't move; it was like someone turned my knees into the off position. Suddenly, I was pulled to the floor for protection. The shooting finally stopped. Everyone raced to their cars as if they were in a marathon. Out of nowhere, a low-pitched scream was heared. Two of my friends were found bleeding due to bullet wounds to the head.
Sunday, November 10, 2019
Law and Legal Instrumentalism Essay
Law, a set of coherent rules and values within a society, is a human process. As such, it is crucial to approach its application within society in a pragmatic and realistic sense rather than a formal one, which views law as a set of mechanical and abstract principles. A legal realist approach on law takes into account extra-legal factors which help shape how law is used within a social context. This approach does not view the discipline of law as a literal set of principles to be formally detected and applied, but recognizes that the interpretation of law by legal actors is manipulated by situational factors. BrianTamanaha in Law as a Means to an End: Threat to the Rule of Law examines how law, originally understood as an ââ¬Å"instrumental to serve the social goodâ⬠, is now just a mere instrument to further the goals and agendas of those who have access in its use (Tamanaha, 4). In essence, the notion of a common ââ¬Å"social goodâ⬠is no longer a qualifiable condition of law. In a complex, multi-faceted society, it is optimistic to presume that there is a true identifiable social good. Thus, lawyers, legislatures, judges and other legal actors are capable of using law to further their personal or collective political, social and economic interests. Tamanaha examines the ways in which legal actors, specifically cause litigants and judges, instrumentally exercise law. Thus, the term instrumentalism, a form of legal realism, is a pragmatic method which stems away from a formal application of law by critically examining cause litigation and judicial activism. Although law may be used as a mechanism to achieve a certain outcome, it is not used lawlessly and without merit as lawyers are advocating for a broad social cause and judges use law based on the merits of the constitution, given the benefit of time and postulated reason of their decision making. Brown, a case regarding segregation within the United States emerged with lawyers stirring up lawsuits by informing African American citizens of their legal rights (Tamanaha 159). The process of instigating litigation was previously prohibited in common law practice; it was not professionally ethical for lawyers to set lawsuits in motion. However, it became increasingly common for lawyers to achieve change in public policy and legislation by fighting for a specific cause within the judicial arena. This ethod was forward-looking in that the courts became a battle field for interest groups seeking remedial change; the decision of the law was not necessarily to compensate for any harm inflicted in the past, but to change the policy in the future. This expansion from the traditional bilateral litigation no longer was to award the affected parties with compensation, but became a method to attain a reformative decree (Tamanaha 161). Eventually, cause litigation was an encouraged means to a dvance societal goals, in the sectors of environment protection, political reform and mental health, to name a few (Tamanaha 160). Although such issues of public policy appear to benefit society as a whole, the intent of the cause lawyers who instigate such legal actions is questionable to Tamanaha. The lawyers in these situations are no longer amoral technicians of law, but individuals who seek their own ideological implementation (Tamanaha 156). The cause which lawyers strive towards becomes the primary concern, whereas the clients themselves are secondary, fulfilling the standing requirement before the court (Tamanaha 156). This can be very detrimental to the clients because they may not be aware of the consequences of their legal actions. For instance, Baehr v. Lewin, 1993 was a successful lawsuit brought forth to legalize same-sex marriage in Hawaii. Although the litigants won, the ultimate consequence was detrimental; following it was a series of amendments nation-wide which prohibited same-sex marriage (Tamanaha 167). The battlefield within the court became not a place to determine legal rights, but a remedial catalyst in public policy. Such political battles focus on adversarial ideologies rather than legal rules and merit. However, the work of cause litigants cannot be narrowly categorized as one that is purely self-serving. More often than not, cause lawyers instigate lawsuits by informing the oppressed and disadvantaged of their rights. By doing so, they use law to encourage political change to the otherwise uninformed public. These causes often grow to become social movements as it ââ¬Å"provides the basis for a sustained series of interactions between power holders and persons successfully claiming to speak on behalf of a constituency lacking formal representation (Austin 2)â⬠. This formal epresentation demands change from the power holders with a strong backing of social support. Often, these groups lack the resources and skills which lawyers can provide, offering their advice to enlighten the marginalized group to ââ¬Å"initiate and nurture political mobilizationâ⬠(Austin 4). The instrumental use of law by judges is immensely threatening to the judicial system and to a democratic soc iety as a whole. Judges who use law to achieve a certain outcome undermines the rule of law. The legal system requires that judges be objective arbitrators of the law. As independent bodies, it is essential that they remain impartial in their decision making and delegate based on rule, and not personal preferences (Tamanaha 227). This is a crucial aspect of the rule of law, which binds the action of the state to pre-fixed rules, placing judges equal under and before the law, just as all other subjects of society. The rule of law ensures transparency and predictability which prevents the government from ruling coercively. It is an essential component to a democratic state. However, when judges decide a cases, they may be inclined to achieve a particular result. In essence, they are using laws to achieving another end, namely one that strengthens their own ideological beliefs and interests. Whether it is a certain political philosophy or a particular social policy which they seek, arbitrarily decided cases and manipulated law enforcement defeats the characteristics of the judicial branch of the state. Because there is no particular hierarchy of values, judges are able to promote some while extinguishing others. The general terms of legal rules allows judges to focus on the consequences of their decision. Their decisions will naturally be based on their political affiliations or ideological tendencies. Consequently, it is difficult to believe that judges are truly impartial in decision making. The result of judicial activism is that private attitudes become public law (Tamanaha 234). Furthermore, the procedural process of the case takes a backwards approach; the decision is made first, then it is justified by the legal rules which judges find applicable (Tamanaha 236) Nevertheless, there is a certain form of procedure which judges are bound to. Although values are not ranked hierarchically, there are two forms of rights obtained from the constitution: specified rights and secondary rights (Bork 17). The latter is of utmost importance as it addresses the values held by the constitution, such as the right to vote or procedures in criminal processing, all which the courts need to protect (Bork 17). The former alludes to the principled rules which the original framers of the text intended to convey (Bork 17). Because constitutional law does not have a concrete theoretical premise on which adjudicators are required to base their decision making processes on, they are founded on neutral principles. That is, issues are addressed based on general principles postulated on reason to ensure that conflicting values are not lawlessly chosen over one another (Bork 2). Granted, there are adversaries in the legal principles to which judges ascribe. Therefore, it is critical for the judges to recognize that in deciding cases, they are setting legal precedent, and therefore should have a firm belief that the values being applied are done so lawfully. These beliefs are in relation to the legal system as a whole, not their personal preferences (Bork 2). Ultimately, Borkââ¬â¢s concern lies not with the decisions made by judges but what makes their decisions legitimate. The courts essentially work as advocates for the minority who otherwise would have no say on the issue at hand. Helping the powerless realize their rights is a form of advocacy that judges take. It is not about undermining the rule of law, but giving opportunity to access the law (Bork 3). Nevertheless, it is crucial for judges to base their decisions off of neutral principles; just as principles and values cannot be applied lawlessly, they just the same cannot be defined lawlessly (Bork 8). The critical examination of judicial review goes beyond itââ¬â¢s obvious implications and expositions of undermining the rule of rule. It is unfair to presume that judges are completely unreasoned in their decision making. There is a level of predictability as judges are bound to legal precedent and cannot decide cases in an tyrannical manner. Although the courts are not elected officials who are granted the power to delegitimize legislation, they are in many ways better equipped in making such decisions. For instance, the courts are distanced from political or social pressure allows them to make sound decisions in a timely matter. Elected officials tend to act on expediency and pressure when it comes to making value-based decisions (Bickel 25). Essentially, they are inclined towards one side of the issue in order to appeal to the interest of the predominate voters, as opposed to abiding to the fundamental values of law (Bickel 25). Judges on the other hand make decisions far from societal pressures, with more leeway in terms of time. This gives the courts the ability to make more calculated decisions, taking into consideration not only the fundamental values of the state but also the unforeseen implications of a decision. (Bickel 26) In dealing with the pith and substance of a case, decisions are argued to be ââ¬Å"sober second thoughtsâ⬠(Bickel 26). Ultimately, the use of law within a judicial context by judges and lawyers is not an arbitrarily unfair process. Such legal actors are bound to the values of the laws within society. Such values are premised on the rule of law, the foundational concept of a democratic society. Cause litigants are often involved in social issues and advocate for those who require a formal delegate. These cause lawyers may use law in such a way to achieve a certain outcome, but this outcome results in change in public policy to those who are otherwise be unaware of their legal rights. Moreover, although judges may have their own social desires and political preferences, they cannot easily sway towards them. Their professional duty requires them to be consciously rule-bound and rely on the precedent. Further, the basis of their decision is on neutral principles. Such principles are not vague and abstract, but stem from the precedent of previous judges in common law. Instrumentalism is pragmatic in that it recognizes that law is not a math; there is not a formula which judges rely on. However, social movements and changes through the judiciary ensures that fresh insight is continuously brought about within society, giving room for social change and progress.
Friday, November 8, 2019
Words and Expressions Related to Palm
Words and Expressions Related to Palm Words and Expressions Related to ââ¬Å"Palmâ⬠Words and Expressions Related to ââ¬Å"Palmâ⬠By Maeve Maddox I subscribe to a daily trivia email that gives the percentage of the quiz-takers who answer the questions correctly. The questions are rarely difficult, but I have noticed that the percentage of right answers for the more traditional ââ¬Å"general knowledgeâ⬠questions on history or literature tend to drop into the seventies, while those on rock groups and sports score in the high eighties. Different generations, different interests. Nevertheless, Iââ¬â¢m always puzzled by the low scores for questions that seem to contain the answer in the question. For example: The leaves from which tree inspire a palmette design? Palmâ⬠¨ Pine â⬠¨Plumâ⬠¨ Fern When I saw that question, I said to myself ââ¬Å"Doh!â⬠To me it was like Grouchoââ¬â¢s question ââ¬Å"Who is buried in Grantââ¬â¢s Tomb?â⬠The percentage of quiz takers that got this one right was 71%. Honest. Palm Lore Two common types of palm tree are palmate and pinnate. palmate: adj. from Latin palma, ââ¬Å"hand.â⬠Having a shape similar to that of a hand with the fingers extended. pinnate: adj. from Latin pinna, ââ¬Å"feather, wing.â⬠Resembling a feather; having parts or branches arranged on each side of a common axis. The Latin word palma also referred to the palm fronds that symbolized victory and were bestowed upon a contest winner or victorious general. The ancient practice is reflected in the English expression to win the palm: to succeed in some endeavor. Military decorations often feature leaves in the design. Leaves on medals awarded to U.S. service personnel tend to favor the laurel and the oak, but the RVN Gallantry Cross features a pinnate palm leaf. Palm has numerous meanings in English. Meanings of palm as a noun: the inner surface of the hand that extends from the wrist to the base of the fingers. the similar part of the forefoot of an animal a unit of length equal to either the width or the length of the hand the part of a glove that covers the palm the blade of an oar or paddle the flattened part of the antlers of certain animals Meanings of palm as a verb: to pick up furtively to conceal in the palm of the hand to commit a basketball violation by letting the ball rest momentarily in the palm of the hand while dribbling Like all body part words, palm has given the language many expressions. to palm off: to dispose of or pass off by deception to have an itching palm: to have a strong desire for money (the idea is that the palm must be scratched with coins, i.e. bribe money) In Shakespeareââ¬â¢s Julius Caesar, the grief-stricken Brutus insults his friend Cassius with this expression: Let me tell you, Cassius, you yourself Are much condemnââ¬â¢d to have an itching palm, To sell and mart your offices for gold To undeservers. Words that derive from palm: palmate: adj. 1. Of an antler: in which the angles between the tines are partly filled in to form a broad flat surfaceà 2. Of a leaf: having (esp. five) lobes, veins, or leaflets radiating from a common point like the fingers of an outspread hand; 3. Having finger-like branches, esp. diverging from a short or flattened base. 4. Of the foot of a bird or animal: webbed. palmer: n. A pilgrim, esp. one returned from the Holy Land, traditionally carrying a palm branch or palm leaf as a mark of pilgrimage. Chaucer mentions palmers in his prologue to The Canterbury Tales as he lists April activities: Then folk long to go on pilgrimages And palmers [wish] to seek foreign shores To distant shrines famous in various lands palmette: n. An ornamental design used on ancient pottery, and later on furniture, carpets, etc., having narrow radiating divisions and resembling a stylized palm leaf. palmetto:à n. Any of various fan palms, palmistry: n. The art or practice of supposedly reading a persons character or future by examining the lines and other features of the hand, especially the palm and fingers; chiromancy. palmier: n. à In French cookery: a biscuit made of sugared puff pastry, shaped like a palm leaf. palmitic acid: n. a solid saturated fatty acid, CH3(CH2)14COOH, found in palm oil and in many vegetable and animal fats. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Masters Degree or Master's Degree?Yay, Hooray, Woo-hoo and Other AcclamationsHow Verbs Become Adjectives
Wednesday, November 6, 2019
Death Row and Capital Punishment essays
Death Row and Capital Punishment essays It has been more than 50 years since the last person in Canada was executed, but a recent public opinion poll advocates that Canadians are becoming more supportive of the return to capital punishment. The ongoing debate even suggested that murderers should be given a rope to hang themselves while still in prison. In 2011, more conservatives were likely to view the death penalty as appropriate sometimes, as the liberals were opposed to its return in general. NDP supporters were equally divided. The United States and Britain also found that the majority of its people supported the return of the death penalty. This is definitely influencing Canada and its opinion on the matter. In this essay I will review different opinions on the notion of capital punishment as it is still to this day a very controversial matter. The history of the death penalty will be examined with the introduction of Ronald Smith, Arthur Lucas and Ronald Turpin. These three are key factors in the development of new opinions regarding capital punishment and are factors in the constant changes in opinion. On December 11 1962, Arthur Lucas and Ronald Turpin became the last people to be executed in Canada although capital punishment was still alive for more than a decade after. Ronald Turpin killed an officer after he was pulled over for a broken tail light while fleeing a robbery. Arthur Lucas killed an undercover narcotics agent in Toronto. The two were hanged and buried side by side. Capital punishment was abolished from the Criminal Code in 1976. The issue that quickly followed was that of igniting killers. This then led to many changes in policy. For example, the government recently established a custom of calling for clemency for Canadians sentenced to death overseas. In 2007 however, this custom changed again to only request clemency to those who have been tried in a democratic country that supports the rule of law. This was Stephen Harpers way of dealing...
Sunday, November 3, 2019
Art History Essay Example | Topics and Well Written Essays - 1250 words - 4
Art History - Essay Example Furthermore, she also studied philosophy in London and her artistic work My Bed presented at Tate Gallery made her to feature in Turner Prize list in 1999 (Lane 2013). This paper will discuss the works of Tracey Emin and their contribution to the growth of visual arts. This will also entail justifying that Tracey Emin is a good artist who deserves appreciation and a place in art history canon. Tracey Emin is a good artist who deserves a place in the art history canon. This is very true because today, Tracey Emin is recognized as one of the best contemporary artists globally. This is due to her artistic use of blunt and revealing style, which usually elicits peopleââ¬â¢s emotions through self-reflections (Lane 2013). In addition, Emin is capable of showing very painful situations through of poetic humor and figurative honesty using several artistic methods such as painting, drawing, and sculpture and even through films. Besides, Emin has been involved in several solo artistic shows at various places such as Amsterdam, Munich, Modern Art Oxford, Istanbul, and Art Gallery of New south Wales among many others. In 2007, she represented Britain at the fifty-second Venice Biennial festivals where she emerged second female artist (Lane 2013). Similarly, in the same year, she was awarded an honorary doctorate degree and a doctor of philosophy at Royal College of Arts and London Metropolitan University respectively (Banks 2013). Her artistic works are usually sexually provocative and very open to the audience. Despite the fact that she belongs to British working class, her open attitude makes her artistic works looks maverick. Furthermore, Emin also has uncontrolled and unpredictable persona with ability to show a variety of exhibitions such as, sewing, neons, videos, super eight films, photographs, animations and installations (Tracey Emin sticks 2005). In
Friday, November 1, 2019
The Community and Fire Threat Assignment Example | Topics and Well Written Essays - 750 words
The Community and Fire Threat - Assignment Example The results of the article have been achieved through data gathering from pre-existing sources such as the Web-based Inquiry Statistics Query and Reporting System (WISQARS). In the model used for the analysis of the data negative binomial rate regression had been used. To be able to observe the interactions of the different parameters that are measured, control of the socioeconomic factors had been undertaken (Diekman, Ballestero, Berger, Caraballo and Kegler, 2008, p. 1-4). As a result, there is a positive interaction observed. Smoking which is one of the common causes in residential fire, thus, the parameter under study can be closely related to the fire prevention efforts in the community. Although this is the case, it is important to consider that the issue under study is only one of the causes of fire occurrence. The ecological study is undertaken due to the fact that there is a complex interaction of multiple factors specifically involving man and the environment. The impact of smoking is studied to specifically target the residential area. Smoking is one of the primary causes of fire while residential areas are in need of strict study and implementation of the concepts for fire prevention (Diekman, Ballestero, Berger, Caraballo and Kegler, 2008, p. 1-4). Due to the recognized importance of the different parameters studies, the established objective in the article under study is the measurement of the relationship of the state-level residential fire morality and the percentage of adults who smoke. The study presented a relationship between smoking and residential fire mortality while controlling certain parameters, thus, one of the most important contribution of the study then is to focus on the actions to lessen smoking to be able to achieve the prevention of fire occurrences. Another contribution is the presentation of an individual-level perspective to the problems related to residential fire in addition
Wednesday, October 30, 2019
Events in U.S.A History in 1799 Research Paper Example | Topics and Well Written Essays - 1500 words
Events in U.S.A History in 1799 - Research Paper Example Major amendments to the American constitution took place during his reign (Henriques 148). Largely, the American society recorded great changes in its political history following the ascension and death of President George Washington. Many historical facts in American society developed from contribution of renowned personalities in the society. Politics and war are inseparable, in many cases, they would influence the out come of events in the society. The political system adopted by the society in a particular period would influence the outcome of events in the society. For instance, the quest for independence by the American late president George Washington changed the political history of the nation. Social lifestyle of people in the society would change when different politicians ascend to power. Social changes brought by a politician in office would influence the lives of the people in the society. This paper intends to explore the effects of death president George Washington in 1799. Many historical publications through books and articles provide information regarding many reputed political figures that brought social or economic changes in the society. Demise of such political personalities may lead the country into instability. The death of President George Washington brought many changes to the political and social systems in America. Death of George Washington influenced the political system of United States of America. Although he was thought to achieve amicably in many of his policies, some of the changes instigated by his successors impacted political state of the country positively. For instance, Washington did not like formation of many political parties and promoted federal ideology while he was a live (McMaster 326). His death was a blessing to the Militia Legion, which was against his federal system of governance. The Militia Legion believed that, the presence of George Washington promoted federal policies. History records that the Militia Legi on honored a partisan governor of Pennsylvania, Thomas McKean (Koschnik 237). Militia Legion acted contrary to the expectation of many people. The Republican wing followed national mourning script. Another notable event that took place when George Washington died is joint mourning program that was led by Republican militia companies. His death led to the abortion of slavery as he had started in his will. The will indicated the intention of George Washington to abolish slavery and promote equality among the American people. Historian believes that the death of George Washington influenced the reaction of United States to Quasi War. The decision made by United States to engage in Quasi War was contrary to the wishes of President George Washington. George Washington influenced the neutral position that American took in handling the issues European conflicts (Grizzard 111). It is important to note that the European conflict had an impact to United States politically and economically. Th e economical ties between United States of America and the western countries relied on peaceful coexistence among the countries. This major factor influenced the decision of President George Washington. Political events, which took place after his death, respected many political decisions that he made while he was a live. For instance, federal governance system did not collapse. This led to disagreement between the two warring faction which later jeopardized the unity of United States of America. Unity of the nation was very crucial because it marked the end of tyrannical British regime. Another crucial area that is worth noting is role of unity in passing of the sedition act.
Monday, October 28, 2019
Performance Management Plan Essay Example for Free
Performance Management Plan Essay I have been gathering information to help analyze your business and to assist in giving you recommendations based on the business strategy you have compiled to increase performance of the employees and business. I will be looking at several objectives to help with the performance plan that your company will use to identify any area of improvement and to enhance on the areas of expertise. I understand that your expectations are as follows, Landslide Limousine will be at a negative $50,000 for the first year with the expectation of a growth of 5% over two years, and you are planning to have 25 employees with a turnover rate of 10%. To assist in explaining the plan I have in mind, I will break the plan into different subject topics for you to follow, and give explanations as well. A. Aligning performance to the business strategy When considering performance it is necessary to incorporate some type of performance appraisal program within the organization. This serves as a tool for the employees to work toward, with the proper appraisal program the employee will feel a since of ownership of their own behaviors and will have a benefit for achieving goals or objectives. This also gives the employee aà motivation to change positions and continue with a training program to enhance their own personal wealth within the organization. The employees will also feel more open in providing feedback to other employees, provide ideas and help to develop new employeeââ¬â¢s skills as they learn the importance of enhancing their own skill set. Using a management by objective process will give the employees the objective to work toward, and will give the employee a standard of acceptable behaviors. Self-appraisals will be key in this realm, customer feedback, and continual monitoring will help to evaluate the performance of each individual. Immediate supervisors or managers will assist in the appraisal process, and you will be informed of the continual behavior of each employee on a regular basis. Customer feedback will be useful information as this will be one of the key elements in the appraisal as customer service is what will drive your business to the next level. Cascio, (2013). 2. Job analysis The skills necessary for the employee to have will be the basis of the job analysis. This is why it will be important to determine what skills are needed in this field. What measures will be used to evaluate each individualââ¬â¢s job or merit pay. We must define what job will require what skills and what will be the qualification for each position. By determining the job qualifications for each position will help in the selective process to find the right people for the right job. Mr. Stonefield, you will need to define the positions you will have within the organization by separating each skill set required and what each job title will need. This can be done with a job analysis; it should include the tasks required for each job by title. It will be necessary to determine what the limousine drivers will be expected to accomplish while transporting clients. The job can be also defined by how much lifting, long periods of downtime, ability to drive extended vehicles, and the skill set of the individual to navigate to different geographical areas within the region. The job must reflect the experience of the driver, their educational background, and what are their abilities or proven track records. 3. The organizational performance philosophy The rewards to excellence are the Landslide Limousine motto. The companyà is committed to the best customer experience; this is measured by consistency, customer satisfaction, and continual development of the staff. 4. Measuring the employeeââ¬â¢s abilities and continual skill enhancement Measuring employee skills is important to the performance of the individual; this provides continual feedback, coaching, and growth for the employee. The goals set for these individuals must be clear, concise, and obtainable, Cascio, (2013). Employees should have ongoing meetings with the management staff to reflect on achievements and goals set for future achievements. This setting should also encourage feedback from the employee; this will allow the employee to feel as though their suggestions count in the process of the growth of the organization. The objectives should have a clear vision of how each one will be achieved, using a graphic rating scale can assist in this process. The behavior anchored rating scale (BARS) can also help to analyze critical incidents and then compare these to the norm. Casico, (2013). 5. Addressing skill gaps within the organization A skills gap analysis identifies specific skills needed to complete any given task and then takes that information and compares it to the level of current requirements. This is completed by doing a skill assessment which will determine the skills needed for any of the particular jobs within the organization or job category (Cascio, 2013). Then by applying the assessment as a benchmark for the job you can develop a plan for the training process needed to assist the employees in their road to success. One must develop a list of skills per job and determine the knowledge needed for each role, and then once the skills are assessed and the training is planned out one must go through the skills needed to improve on these skills by reviewing with an appraisal review. According to (Lorri Freifield, 2014), transfer knowledge can assist in enhancing a technical talent through mentors helping employees to explore their best practices. 6. Delivering Performance through feedback Delivering performance is very important, I would suggest using a process of multi-rater or the 360-degree feedback. This uses observations from many aspects of a person in many roles. Cascio, (2013). The immediate supervisor or manager, co-worker and customers rate the employee through feedback form the performance of that individual that is observed. This willà assist with any self-evaluation error and the feedback from different areas will give a 360 view of the individual, this will assist in understanding how the employee is effective in their role. Observant views with others assist in keeping a fair and objective view of employees; this will also assist in continuing a fair and objective review process. Mr. Stonefield the performance management framework given outlines the steps necessary in reviewing standards of an individual and team by actual performance. When looking at the overall strategy of the company as a whole Landslide Limousine will need to minimize the turnover and enhance on the skill set to enhance the overall employee performance. It will be necessary to look into the best cost effective way to handle any performance management and by using the recommendations I have listed Landslide Limousine will be striving to the goal of being the best in the Austin Texas area. References Cascio, W. F. (2013). Managing Human Resources (9th ed.). New York, NY: The McGraw Hills Companies, Inc. Lorri Friefield. (2014). Training the Source for Professional Development Retrieved from http://www.trainingmag.com/solving-todays-skill-gaps
Saturday, October 26, 2019
Alternative Solutions Computer System :: Computer Science
Alternative Solutions Computer System Using a computer system would solve a lot of problems. When a customer wants to join the shop bonus club, their information could be added to a special file. All the information would be stored in a database using a program such as "access" in three tables, stock table, customer table, and employee table. This data would be linked Using a HCI like Visual Basic, someone in the company could create an easy way for customers to add their details, amend current details or delete their details if they wanted to stop being a member. The staff would use this same idea but the Vb program would be linked to the employee table instead of the customer, and the same with the stock. Manual Solution You could install a filling cabinet with dividers in, separating data into alphabetical order. If users wanted to add, delete or amend their details they would have to use a pen and paper to do it. Advantages for computerized solution: 1. It would be quick and easy to recall information by using a user friendly interface. 2. It would save room, as you wouldn't have to have a large filling cabinet in the room. 3. With different features such as clipart, if you ever need to create documents such as flyers or posters, you can add computer graphics. 4. A lot of information can be stored on the hard drive. 5. If a mistake is made it can be easily corrected. 6. Updates to information would be instant. 7. It is quick so staff wont waste time, meaning the business saves money. 8. With the link to the tills the database will constantly be updated. Disadvantages for computerized solution: 1. It would be expensive to install. 2. It would be expensive to train staff how to use different programs. Advantages for Manual solution 1. It would be cheap to install. 2. Staff would not have to be trained to use the system. 3. New documents would be easy to place in the cabinet as it is kept in alphabetical order. Disadvantages for Manual Solution 1. The filing cabinet that would store all the information would take up a lot of office space. 2. If there were a fire, flood or robbery all documents would be lost as there are no backups. 3. To keep the system neat and in order whoever was viewing the documents or adding a document would have to be very careful that they
Thursday, October 24, 2019
President of the United States of America Essay
The year 2008 saw the growth and emergence of various cultures around the world. This progression was however affected and sometimes hampered by the various global economic and political occurrences that defined the year 2008. The beginning of 2008 witnessed elections and consequent political instability in Zimbabwe which defined the global political system tremendously. This elections, which were characterized by allegations of rigging and foul-play caused global cries against the incumbent president in Zimbabwe, sanctions were imposed on the country thereby sending the country deeper into economic turmoil. These actions affected the global interaction of cultures in the sense that many Zimbabweans and Africans felt that the Western world was trying to impose its political culture on Africans who enjoy their culture to a great extent. This feeling of culture imposition from the Western world brought into Africa rejection of the Western culture irrespective of the goodness of the culture(David, K. 72-75) The middle of 2008 witnessed the ââ¬Ëheating upââ¬â¢ of the most dramatic elections in the United States of America. This American election had an immense effect on culture around the world because the favorite candidate in the election, Senator Barrack Obama, had various ethnic backgrounds. Born to a Kenyan father and an American mother, Barrack has been viewed as the ideal world representative. His background and connection to the Asian ethnic community, to a great extent, complements his worldly representation. Consequently, this favorite candidate for the United States presidency, who represented various cultures around the world, emerged victorious because in him, Americans and the world felt represented in the affairs of the world politics. This election and the subsequent win of Barrack Obama for the White House cemented the cultural diversity of the American people and brought other foreign cultures to fame and scrutiny. This American election and the subsequent win for Barrack Obama as President of the United States of America, went a long way to encourage and promote inter-cultural integration around the world through marriage and lifestyle(David, K. 80-82) The end of the year 2008 witnessed a most devastating slump in the global economy as the world faced the credit crunch instigated by the mortgage crisis in the United States of America. This global economic melt-down led to a decrease in travel and purchasing power of individuals. Therefore, there was a significant reduction in global interaction thereby causing a reduction in inter-cultural interaction. The reduction in the purchasing power caused a slump in global trade which is a key component of global interaction. This also therefore reduced cultural interaction on the global stage. The closing of 2008 witnessed the biggest political crisis of the year, the Middle East Crisis. This crisis has had a devastating effect on the global cultural integration due to its ever changing form of violence. Many times, the violence is political with the Palestinians and the Israelites being the two aggressors. Sometimes, the crisis takes a religious angle with the Palestinians representing the Muslim faction while the Israelites represent the Jews. This Middle East crisis has therefore slowed down cultural interaction from the political and the religious angles(David, K. 93-96) Analysis of Arts and Culture in 2008 The year 2008 showed the different effects on arts and culture by the political, economic and religious happenings around the world. The year just showed us how vulnerable global arts and culture is to extinction, and at the same time prosperity, thanks to the global economic, political and religious dispensation. Through political, economic and religious development, global arts and culture flourished and sometimes reduced to a very low point. This fact therefore poses a challenge to every human around the world to ensure the flourishing of global arts and culture by allowing and maintaining political, economic and religious stability. The future of global arts and culture as defined by 2008 is uncertain. The future lies in the choices of men. The right choices will lead to the positive development of arts and culture while the wrong choices will lead to negative developments. The future is unpredictable and uncertainâ⬠¦it lies in our choices(David, K. 100-103) Arts in Global Interaction Arts can play a huge role in global interaction. Through arts, experiences are shared throughout the world. For instance, tourists travel all over the world and are welcomed by different cultures which they end up assimilating with. They are attracted by the unique nature of the different cultures and styles and some end up purchasing commodities from those cultures which they take back home. This art work gives the tourists a story to tell to their loved ones back in their homes. Therefore, through the making and selling of art work, one individual from one global destination earns a living, while others from various other destinations get entertained and have a story to share(David, K. 109-114). Indigenous Development of Talent In the current global village, local talent has great potential of developing into independent industries. Different culture and art forms are always appealing. If the local talent can be given space to develop and grow, the global market always has room for accommodating new art works thereby creating employment and income for millions of people around the world who represent the various art and cultural backgrounds. This arts and cultural talent can be developed through national arts and cultural exhibitions where the arts and cultures are showcased to the rest of the world. These exhibitions should also develop business systems that can support trade and therefore enable the artistes to earn a decent living. This is the only way to ensure sustenance of the various arts represented by people around the world(David, K. 112-118). Survey into the Main Global Initiatives on Arts, Culture and Society A small survey can be carried out to give a deeper understanding into matters affecting arts and culture with the following specifics: Purpose Statement: ââ¬â the world at large need to take up the responsibility of promoting arts and culture through ensuring political, economical and religious stability. Hypothesis: ââ¬â arts and culture thrive in a world of political, economical and religious stability. Objective: ââ¬â To study the effect of politics, economics and religion on arts and culture. The findings of the survey can then be recorded and analyzed to give a comprehensive conclusion to the survey. Work cited David, Kilcullen. (2007). ââ¬Å"Ethics, Politics, and Non-State Warfare: A Response to Gonzalez. â⬠Anthropology Today vol. 23, no. 3. pg 56-120
Wednesday, October 23, 2019
Master of Business Administration Essay
Pricing policy refers to the policy of setting the price of the product or products and services by the management after taking into account of various internal and external factors, forces and its own business objectives. Pricing Policy basically depends on price theory that is the corner stone of economic theory. Pricing is considered as one of the basic and central problems of economic theory in a modern economy. Fixing prices are the most important aspect of managerial decision making because market price charged by the company affects the present and future production plans, pattern of distribution, nature of marketing etc. Generally speaking, in economic theory, we take into account of only two parties, i. e. , buyers and sellers while fixing the prices. However, in practice many parties are associated with pricing of a product. They are rival competitors, potential rivals, middlemen, wholesalers, retailers, commission agents and above all the Govt. Hence, we should give due consideration to the influence exerted by these parties in the process of price determination. Broadly speaking, the various factors and forces that affect the price are divided into two categories. They are as follows: I External Factors (Outside factors) 1. Demand, supply and their determinants. 2. Elasticity of demand and supply. 3. Degree of competition in the market. 4. Size of the market. 5. Good will, name, fame and reputation of a firm in the market. 6. Trends in the market. 7. Purchasing power of the buyers. 8. Bargaining power of customers 9. Buyers behavior in respect of particular product II. Internal Factors (Inside Factors) 1. Objectives of the firm. 2. Production Costs. 3. Quality of the product and its characteristics. 4. Scale of production. 5. Efficient management of resources. 6. Policy towards percentage of profits and dividend distribution. 7. Advertising and sales promotion policies. 8. Wage policy and sales turn over policy etc. 9. The stages of the product on the product life cycle. 10. Use pattern of the product. Objectives of the Price Policy: A firm has multiple objectives today. In spite of several objectives, the ultimate aim of every business concern is to maximize its profits. This is possible when the returns exceed costs. In this context, setting an ideal price for a product assumes greater importance. Pricing objectives has to be established by top management to ensure not only that the companyââ¬â¢s profitability is adequate but also that pricing is complementary to the total strategy of the organization. While formulating the pricing policy, a firm has to consider various economic, social, political and other factors. The Following objectives are to be considered while fixing the prices of the product. 1. Profit maximization in the short term The primary objective of the firm is to maximize its profits. Pricing policy as an instrument to achieve this objective should be formulated in such a way as to maximize the sales revenue and profit. Maximum profit refers to the highest possible of profit. In the short run, a firm not only should be able to recover its total costs, but also should get excess revenue over costs. This will build the morale of the firm and instill the spirit of confidence in its operations. 2. Profit optimization in the long run The traditional profit maximization hypothesis may not prove beneficial in the long run. With the sole motive of profit making a firm may resort to several kinds of unethical practices like charging exorbitant prices, follow Monopoly Trade Practices (MTP), Restrictive Trade Practices (RTP) and Unfair Trade Practices (UTP) etc. This may lead to opposition from the people. In order to over- come these evils, a firm instead of profit maximization, and aims at profit optimization. Optimum profit refers to the most ideal or desirable level of profit. Hence, earning the most reasonable or optimum profit has become a part and parcel of a sound pricing policy of a firm in recent years. 3. Price Stabilization Price stabilization over a period of time is another objective. The prices as far as possible should not fluctuate too often. Price instability creates uncertain atmosphere in business circles. Sales plan becomes difficult under such circumstances. Hence, price stability is one of the pre requisite conditions for steady and persistent growth of a firm. A stable price policy only can win the confidence of customers and may add to the good will of the concern. It builds up the reputation and image of the firm. 4. Facing competitive situation One of the objectives of the pricing policy is to face the competitive situations in the market. In many cases, this policy has been merely influenced by the market share psychology. Wherever companies are aware of specific competitive products, they try to match the prices of their products with those of their rivals to expand the volume of their business. Most of the firms are not merely interested in meeting competition but are keen to prevent it. Hence, a firm is always busy with its counter business strategy. 5. Maintenance of market share Market share refers to the share of a firmââ¬â¢s sales of a particular product in the total sales of all firms in the market. The economic strength and success of a firm is measured in terms of its market share. In a competitive world, each firm makes a successful attempt to expand its market share. If it is impossible, it has to maintain its existing market share. Any decline in market share is a symptom of the poor performance of a firm. Hence, the pricing policy has to assist a firm to maintain its market share at any cost. Ques2. Explain the important features of long run AC curve. Ans: Long run AC curves Long run is defined as a period of time where adjustments to changed conditions are complete. It is actually a period during which the quantities of all factors, variable as well as fixed factors can be adjusted. Hence, there are no fixed costs in the long run. In the short run, a firm has to carry on its production within the existing plant capacity, but in the long run it is not tied up to a particular plant capacity. If demand for the product increases, it can expand output by enlarging its plant capacity. It can construct new buildings or hire them, install new machines, employ administrative and other permanent staff. It can make use of the existing as well as new staff in the most efficient way and there is lot of scope for making indivisible factors to become divisible factors. On the other hand, if demand for the product declines, a firm can cut down its production permanently. The size of the plant can also be reduced and other expenditure can be minimized. Hence, production cost comes down to a greater extent in the long run. As all costs are variable in the long run, the total of these costs is total cost of production. Hence, the distinction between fixed and variables costs in the total cost of production will disappear in the long run. In the long run only the average total cost is important and considered in taking long term output decisions. Important features of long run AC curve 1. Tangent curve Different SAC curves represent different operational capacities of different plants in the short run. LAC curve is locus of all these points of tangency. The SAC curve can never cut a LAC curve though they are tangential to each other. This implies that for any given level of output, no SAC curve can ever be below the LAC curve. Hence, SAC cannot be lower than the LAC in the ling run. Thus, LAC curve is tangential to various SAC curves. 2. Envelope curve It is known as Envelope curve because it envelopes a group of SAC curves appropriate to different levels of output. 3. Flatter Unshaped or dish-shaped curve. The LAC curve is also U shaped or dish shaped cost curve. But It is less pronounced and much flatter in nature. LAC gradually falls and rises due to economies and diseconomies of scale. 4. Planning curve. The LAC cure is described as the Planning Curve of the firm because it represents the least cost of producing each possible level of output. This helps in producing optimum level of output at the minimum LAC. This is possible when the entrepreneur is selecting the optimum scale plant. Optimum scale plant is that size where the minimum point of SAC is tangent to the minimum point of LAC. . Minimum point of LAC curve should be always lower than the minimum point of SAC curve. This is because LAC can never be higher than SAC or SAC can never be lower than LAC. The LAC curve will touch the optimum plant SAC curve at its minimum point. A rational entrepreneur would select the optimum scale plant. Optimum scale plant is that size at which SAC is tangent to LAC, such that both the curves h ave the minimum point of tangency. In the diagram, OM2 is regarded as the optimum scale of output, as it has the least per unit cost. At OM2 output LAC = SAC.
Tuesday, October 22, 2019
Je Suis Intress(e) Dans French Mistake
Je Suis Intress(e) Dans French Mistake A common mistake when learning French is to use the phrase je suisà intà ©ressà ©(e)à dans to mean I am interested in. This is a tricky one because students translate literally and it doesnt work in French for many reasons. Use PAR (Not Dans) We say je suis intà ©ressà ©(e) PAR blablabla. Je suis intà ©ressà ©(e) par le cinà ©ma.Im interested in cinema. But it gets more complicated than that... In French, you could also say sintà ©resser Je mintà ©sse au cinà ©maIm interested in cinema You Must Flip Your Sentence Around Both these translations are fine grammatically. But its unlikely a French person would use these constructions at all. We would flip our sentence around. Le cinà ©ma mintà ©resse.Im interested in cinema Etre Intress = To Have Hidden Motives Watch out that à ªtre intà ©ressà © - followed by nothing can also be a way to describe someone who has hidden motives, bad intentions... Like someone who does something that looks genuine but has hidden reasons. Il prà ©tend à ªtre son ami, mais en fait il est intà ©ressà © (par... son argent par exemple).He pretends to be his friend but in reality, he is after something (his money for example).
Monday, October 21, 2019
Health Insurance Example
Health Insurance Example Health Insurance ââ¬â Coursework Example Your full January 12, The development of MCOs has improved health care in the United sManaged Care Organizations or MCOs use a variety of techniques to reduce the cost of health care services and at the same time improve the quality of health care before providing these services to the members or other organizations. MCOs provide health insurance plans by making agreements with health care providers and medical associations with the aim that the members are provided health care services at low cost. The development of MCOs, which has increased in the past 10 years, has definitely improved the status of health care in the United States (Scutchfield et al.). In the United States, there are many types of MCOs, the major ones of which are preferred provider organizations (PPO), exclusive provider organization (EPO), and health maintenance organizations (HMO). All of these MCOs are working to improve the overall quality of health care and, in turn, they are also benefitting from the manag ed care in that they can attract and retain employees who are offered medical services at reduced costs. So, it is a win-win situation for both the MCOs and employees. MCOs gain employees to stay competitive in the market, and employees in turn enjoy improved and affordable health care services. MCOs also tend to provide focused care to the patient since the current problem is focused on and treated, and the patient also does not have to waste time in a private physicianââ¬â¢s waiting room. Although there are some pitfalls too, but still I believe that MCOs are playing their part in improving health care in the country. Scutchfield, F. Douglas, Bosomworth, Peter M., Lee, Joel, and Dana Patton. ââ¬Å"Managed Care in the United States.â⬠Journal of Public Health, 19.3(1997): 251-254.
Sunday, October 20, 2019
Coordination Number Definition in Chemistry
Coordination Number Definition in Chemistry The coordination number of an atom in a molecule is the number of atoms bonded to the atom. In chemistry and crystallography, the coordination number describes the number of neighbor atoms with respect to a central atom. The term was originally defined in 1893 by Swiss chemist Alfred Werner (1866ââ¬â1919). The value of the coordination number is determined differently for crystals and molecules. The coordination number can vary from as low as 2 to as high as 16. The value depends on the relative sizes of the central atom and ligands and by the charge from the electronic configuration of an ion. The coordination number of an atom in a molecule or polyatomic ion is found by counting the number of atoms bound to it (note, not by counting the number of chemical bonds). Its more difficult to determine chemical bonding in solid-state crystals, so the coordination number in crystals is found by counting the number of neighboring atoms. Most commonly, the coordination number looks at an atom in the interior of a lattice, with neighbors extending in all directions. However, in certain contexts crystal surfaces are important (e.g., heterogeneous catalysis and material science), where the coordination number for an interior atom is the bulk coordination number and the value for a surface atom is the surface coordination number. In coordination complexes, only the first (sigma) bond between the central atom and ligands counts. Pi bonds to the ligands are not included in the calculation. Coordination Number Examples Carbon has a coordination number of 4 in a methane (CH4) molecule since it has four hydrogen atoms bonded to it.In ethylene (H2CCH2), the coordination number of each carbon is 3, where each C is bonded to 2H 1C for a total of 3 atoms.The coordination number of diamond is 4, as each carbon atom rests at the center of a regular tetrahedron formed by four carbon atoms. Calculating the Coordination Number Here are the steps for identifying the coordination number of a coordination compound. Identify the central atom in the chemical formula. Usually, this is a transition metal.Locate the atom, molecule, or ion nearest the central metal atom. To do this, find the molecule or ion directly beside the metal symbol in the chemical formula of the coordination compound. If the central atom is in the middle of the formula, there will be neighboring atoms/molecules/ions on both sides.Add the number of atoms of the nearest atom/molecule/ions. The central atom may only be bonded to one other element, but you still need to note the number of atoms of that element in the formula. If the central atom is in the middle of the formula, youll need to add up the atoms in the entire molecule.Find the total number of nearest atoms. If the metal has two bonded atoms, add together both numbers, Coordination Number Geometry There are multiple possible geometric configurations for most coordination numbers. Coordination Number 2- linearCoordination Number 3- trigonal planar (e.g., CO32-), trigonal pyramid, T-shapedCoordination Number 4- tetrahedral, square planarCoordination Number 5- square pyramid (e.g., oxovanadium salts, vanadyl VO2), trigonal bipyramid,à Coordination Number 6- hexagonal planar, trigonal prism, octahedralCoordination Number 7- capped octahedron, capped trigonal prism, pentagonal bipyramidCoordination Number 8- dodecahedron, cube, square antiprism, hexagonal bipyramidCoordination Number 9- three-face centered trigonal prismCoordination Number 10- bicapped square antiprismCoordination Number 11- all-faced capped trigonal prismCoordination Number 12- cuboctahedron (e.g., Ceric ammonium nitrate -(NH4)2Ce(NO3)6)
Saturday, October 19, 2019
Article Analysis for Sony Research Paper Example | Topics and Well Written Essays - 1000 words
Article Analysis for Sony - Research Paper Example This study, thus, digs into the affiliationââ¬â¢s prospects and summarizes various pertinent underpinnings to identify the diverse implications associated with the affiliation. Moreover, it critiques the various effects of restructuring on the case of Sony to enhance the rationale behind them choosing to constantly restructure when it appears to be detrimental to its business prospects. Statement of the problem Sony is apparently the most popular firm in the Japanese and global arena of electronics market. Its aptitude to ingeniously link administration capabilities with the general innovative design has been widely renowned. Additionally, most of its top management and administration personnel have been overtly powerful and influential to its past prospects and successes. Regardless of the truth that most of these personnel were overtly aware of market transformations that would implicate on their affiliationsââ¬â¢ business, they could not bear the contemporary upsurge implica ting on the worldwide economy. Since, it is, particularly, not invulnerable to the waves of revolution in the international economy, Sony has been on the rough ride in its business ventures and prospects to the present, unless a rectification measure is duly take to curtail the down surge in profitability and unfavourable market transformation (Robert, 1999). ... This turned out to implicate negatively on the R and D operations, a prospect that elicit significant losses in the outcome. Thus, this critical study concentrates on the Sony Corporation, a communication and electronic multinational affiliation that has been under numerous business restructuring initiatives to enable it fit into the market. Research Questions and Hypothesis With regard to this critical study, it is pertinent to note that various hypothetical prospects have been in utilization, research queries that enhance the readerââ¬â¢s ability to comprehend the actual conceptual underpinnings that relate to the critical study of Sony, a multinational giant in the electronics market whose prospects to restructure have elicited various detrimental implications in the market and also within its intrinsic organizational model. These hypotheses and queries encompass the need to comprehend the rationale behind the restructuring prospects of immensely coveted multinational affiliati ons, Sony Corporation being the major case in this study. Furthermore, the critique includes theoretical applications that seek to evaluate the repercussions and cost effectiveness of the constant restructuring of large international affiliation, Sony being the major. Additionally, the study aims to find out the implication of frequent transformations in an affiliation structure in response to alterations in within the business environment. In such a query, we seek to expound on the changes that implicated on Sony prospects, in terms of profitability and resultant performance. Eventually, the last hypothetical concern surrounds a critical study of the initiatives by multinational corporations within the electronics business challenges and the respective response (Robert, 1999). Review of the
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