Friday, September 4, 2020

Measurement and interpretation of the application of corporate Research Proposal

Estimation and understanding of the utilization of corporate administration to expand the upper hands of the monetary units - Research Proposal Example The corporate administration codes are produced by the organizations in order to fulfill the partners, which incorporate workers, financial specialists, clients and providers. The examination targets understanding whether the corporate administration codes are successful enough to build the quality of the organization or whether it very well may be considered as one of the most significant system to expand its upper hand. Accordingly, corporate administration codes are characterized alongside its significance at various degrees of the board. It is seen that the effect of successful corporate administration code prompts increment in piece of the pie of the organization as the clients and speculators are happy with their general execution. Subsequently, the exploration will target setting up the connection between corporate administration and upper hand in a more extensive manner. Corporate administration has gotten one of the dynamic subjects of conversation and examination among the scholastic specialists and furthermore a huge subject for starting a discussion. There have been a few investigations relating to corporate administration featuring its significance and effects on the presentation of organizations (Singh and Davidson, 2003). There are additionally scientists, who have focussed on the component of corporate administration for example building up a connection between governing body and partners, straightforwardness in the divulgence and protecting the enthusiasm of partners. In any case, these specialists have overlooked the significance of rehearsing outer corporate administration, which can forestall impedance of the directors that may influence the government assistance of the partners (Singh and Davidson, 2003). For this situation, it ought to be expressed that both outside and inside corporate administration are basic for increasing upper hand . The general impact of the impedance is thought about adequacy of the administration of the organization. Subsequently, so as to top off the hole in the scholarly investigates on this

Sunday, August 23, 2020

A world without Law would be a world without Sin Essay

3 Steps to Acing Your Upcoming Group Interview You’ve been approached in for a board meet. Perhaps you’re threatened. Perhaps frightened. Possibly you’re not even sure you comprehend what that really involves. Whatever your degree of fear, here are three simple strides to traversing your board meet tranquilly and in one piece. Stage 1: BEFOREYou reserve the privilege to ask who will be on your board. Do this. At that point inquire about each board part as well as could be expected. You’ll have the option to make sense of a considerable amount and get ready better for what each may be generally quick to ask you. What does this specific gathering of individuals educate you regarding what the organization is attempting to assess?You can likewise ask to what extent (generally) the meeting should last. This will give you a nice sentiment for what amount to and fro conversation will be conceivable, how much space you’ll be given to pose inquiries, to what extent your answers can be, etc.Step 2: DURING Treat every individual on the board like an individual not simply one more anonymous face. This isn't an indifferent divider asking you inquiries. Every questioner on your board is another chance to make a human association and persuade that a lot more individuals in the organization what an extraordinary fit you would be.Be sure to observe everybody’s name as they are presented. Record every one if that causes you recall. When responding to questions, talk straightforwardly to the person who asked, yet then attempt to widen your answer out to cause the remainder of the board to feel remembered for the discussion.Step 3: AFTERYou’ve took in their names and put forth an attempt to interface with each board part presently thank every single one of them earnestly withâ solid eye to eye connection and a quality handshake. From that point forward, it’s the typical post-meet follow-up methodology. Be that as it may, recall that you have to keep in touch with one card to say thanks for each board part. It appears to be a torment, however it’s these little contacts that will help set you apart.The board talk with: 6 hints for previously, during, and after

Saturday, August 22, 2020

Globalisation and the International Business Environment Essay

Globalization and the International Business Environment - Essay Example 64-65) as something contrary to localisation; it is the way toward adjusting items for use outside the home country (think controlling wheels in vehicles or Chinese variants of Windows). Firms must internationalize in the event that they need to offer to business sectors outside their nation of origin, in light of the fact that remote markets have various societies, needs and needs, requesting that organizations make changes in accordance with items and administrations, authoritative structures, initiative and individuals frameworks, and gracefully chains, among others. In a milestone paper on the point, Whitley (1994) saw that the post-war internationalization procedure of firms was basically determined by increments in outside direct venture by transnational (or global) undertakings. This prompted expanded association of the industrialized economies and changes on the planet economy with the accompanying attributes: (1) the foundation of an unmistakable worldwide arrangement of coordination and rivalry, (2) the denationalization of driving firms, and (3) the global normalization of administrative structures and practices. It very well may be said that the common movement from internationalization to relationship and more prominent joining of the world economy brought about the intricate marvel that we presently call globalization. Globalization is an idea that is best portrayed than characterized as a result of its intricacy. A basic definition, similar to globalization is the reconciliation of the world economy, reshaping business, reordering lives, making social classes, various employments, unbelievable riches, and pitiful neediness (Micklethwait and Wooldridge, 2000, p. xvi), would not do equity to the term since it concentrates a lot on the monetary viewpoint. Globalization is considerably more than just cash, business, and riches. As Stiglitz (2002, p. 9-10) portrayed it, globalization coordinates nations and people groups, their economies and legislative issues, their societies and destinies. It separates fake boundaries to the progression of merchandise, administrations, capital, information, thoughts, and (to a lesser degree) people groups across outskirts. It makes new foundations that got together with existing ones to work across outskirts. There are then acceptable and terrible sides, so while many censure natural debasement, defilement of societies, and the spread of filthiness, destitution, wretchedness, and voracity, numerous additionally acclaim the improved access to less expensive drugs and food, better day to day environments, progressive annihilation of neediness, and expanded open doors for many individuals around the world. In this manner, while many think about internationalization and globalization as interchangeable terms, the previous would allude to an outward procedure where firms adjust to and increment their quality in universal markets, while the last can be depicted basically as its characteristic incorporating result. Globalization is the same old thing, yet in its past manifestations, the failure of past ages to deal with its terrible side has made it a factor that prompted two of the bloodiest wars that humanity has ever experienced. Realizing this foundation helps us to remember the thing the logician Santayana said about learning the exercises of history so we would not be destined to rehash it. Primary Drivers of Globalization Like achievement which has numerous dads, globalization (as per whoever is the creator) has numerous drivers (Yip, 2003; Johnson et al., 2003; Stiglitz, 2002; Micklethwait et al., 2000; Porter, 1990) that we can immediately order into five gatherings. These drivers are the key

Friday, August 21, 2020

Management of a Health Care Staff Group Essay Example | Topics and Well Written Essays - 2000 words

The board of a Health Care Staff Group - Essay Example A respiratory treatment division includes climax of multi-disciplinary experts with the covering of day by day obligations of specialists and professionals. Strategy/Sequence of occasions: The conduct and technique for performing obligations of a lot of workers in the respiratory treatment division was watched. The arrangement of workers under perception included three respiratory specialists, an assistant, a managerial staff part and an administrative head dealing with their exercises. Likewise, factors, for example, individual qualities, different preferences, proficient rationale, etc, which decide the conduct of representatives were considered and noted down. The level of confusion engaged with the circumstance was examined. The difficult issues were recorded followed with potential arrangements. Results: It was seen that there were changed exercises going on inside a solitary division. Some played out the exercises legitimately identified with respiratory treatment and the others were performing supporting exercises. Notwithstanding, every action appeared to be imperative to the general execution of the division. Among the respiratory specialists, one of them was youthful, very energetic and cheerful. The other one was somewhat more seasoned, quiet, calculative and technique arranged. The third specialist was as youthful as the first, however came up short on the excitement, yet anyway kept on playing out his obligations without gripes. These advisors for the most part performed obligations, for example, examination of the issue close by, performing tests, setting up supplies and ventilators just as teaching the patients and their relatives. The understudy was new in the medical clinic premises. He just helped the specialists by bringing down the patients' clarifications and acting just when educated. The regulatory staff part was answerable for helping the patients fix arrangements, readiness of specialists' timetables, overseeing physical reports and going to calls. In spite of the fact that the quantity of obligations the authoritative staff part was doled out with was not many, her hands appeared to be full constantly. She gave a couple of indications of disappointment, however by and by kept on working enthusiastically. The administrative head just dealt with strange or outstanding cases, and meanwhile regulated the work performed by the specialists, oversaw association of professionals and settled clashes, assuming any. The administrative head had not many long periods of involvement with oversight and the executives. Issues/Conflicts/Constraints: The specialists worked under consistent tension. They were regularly required in ICUs and ERs. Their obligations were urgent to the prosperity of the patients. Their understanding also was critical to keep the patients calm. They went to wide assortment of patients from newborn children to the old. The youthful energetic specialist appeared to coexist well with patients having a place with all age gatherings. He was very cordial and the patients appeared to be calm in his organization. The marginally more seasoned advisor was progressively formal in his methodology. He put the patients calm through his fearlessness and solid confidence in the framework, and yet kept a good ways from the patients by not going past the clinical issue close by. He treated all patients the equivalent, regardless of whether newborn children, youthful, or old. The third specialist was constantly immaculate by what was happening. He played out his obligations calm

Fluke, or, I Know Why the Winged Whale Sings Chapter 14

Part FOURTEEN Down to the Harbor Down to the harbor they went †past the townhouses, the stick handle, the fairway, the Burger King, the Buddhist burial ground with its extraordinary green Buddha delighted out by the ocean, past the steak houses, the shams, the old person riding down Front Street on a young lady's bicycle with a macaw roosted on his head †down to the harbor they went. They waved to the scientists at the fuel dock, gestured to the haglets at the sanction corners, shakaed the divemasters and the chiefs, and schlepped science stuff down the dock to begin their day. Tako Man remained in the rear of his vessel having a morning meal of rice and octopus as the Maui Whale team †Clay, Quinn, Kona, and Amy †cruised by. He was a solid, conservative Malaysian with long hair and a wiry soul-fix whiskers that, alongside the bone fishhooks he wore in his ears, gave him the particular part of a privateer. He was one of the dark coral jumpers who lived in the harbor, and early today, as usual, he wore his wet suit. â€Å"Hey, Tako,† Clay said. The jumper looked up from his bowl. His eyes looked as though somebody had emptied shots of blood into them. Kona saw that the little octopus in the jumper's bowl was all the while moving, and he hurried down the dock feeling an instance of the deadheads vacillating to life in his spinal rope. â€Å"Nightwalkers, dim ones, on your vessel the previous evening. I seen them,† said Tako Man. â€Å"Not the first time.† â€Å"Good to know,† said Clay, belittling the jumper and descending the dock. You needed to keep harmony with any individual who lived in the harbor, particularly the dark coral jumpers, who lived far over the edge of what the vast majority would think about typical life. They shot heroin, drank vigorously, went through the entire day doing bob plunges to 200 feet searching for the gemstone-significant dark coral, at that point spent their cash on weeklong gatherings that had, more than once, finished with one of them dead on the dock. They lived on their vessels and ate rice and whatever they could pull out of the ocean. Tako Man had gotten his name on the grounds that on some random evening, after the jumpers came in for the afternoon, you'd see the grizzled Malaysian conveying a net sack brimming with tako (octopus) that he had skewered on the reef for their dinner. â€Å"Hi,† Amy said timidly to Tako Man as they passed. He scowled at her through his wicked cloudiness, and his head weaved as he nearly gestured out into his morning meal. Amy animated her pace and ran a Pelican case she was conveying into the rear of Quinn's thigh. â€Å"Jeez, Amy,† Quinn stated, having nearly lost his balance. â€Å"Do those folks make a plunge that condition?† Amy murmured, as yet adhering to Quinn like a shadow. â€Å"Worse than that. Would you back up a little?† â€Å"He's terrifying. You should ensure me, ya mook. How would they shield from getting into trouble?† â€Å"They lose a couple of a year. Incidentally, it's typically an overdose that gets them.† â€Å"Tough job.† â€Å"They're intense guys.† Tako Man yelled, â€Å"Fuck you, whale individuals! You'll see. Screwing nightwalker fuckers. Screwing screw you, haole motherfuckers!† He hurled the remaining parts of his morning meal at them. It landed over the edge, and little fish broke the water battling for the pieces. â€Å"Rum,† said Kona. â€Å"Too much antagonistic vibe in dat buzz. Rum originate from da stick, and stick originate from slavin' the individuals, and dat persecution all refined in de container and come out a man mean as feline poo on a day.† â€Å"Yeah,† said Clay to Quinn. â€Å"Didn't you realize that about rum?† â€Å"Where's your boat?† asked Quinn. â€Å"My boat?† â€Å"Your vessel, Clay,† said Amy. â€Å"No,† said Clay. He halted and dropped two instances of camera gear on the dock. The Always Confused, the prickly and ground-breaking twenty-two-foot Grady White focus reassure angler, Clay's unparalleled delight, was no more. A real existence coat, a water bottle, and different other natural debris bounced tenderly in a rainbow smooth of gas where the pontoon had once been. Everybody thought another person should state something, however for an entire moment nobody did. They just remained there, gazing at what ought to have been Clay's pontoon yet rather was a major, boatless gob of tropical air. â€Å"Poop,† Amy at last stated, saying it for every one of them. â€Å"We should check with the harbormaster,† said Nate. â€Å"My boat,† said Clay, who remained over the unfilled slip as though it were his as of late run-over childhood hound. He would have snuggled it and stroked its little dead doggy ears on the off chance that he could have, yet rather he angled the sleek life coat out of the water and sat on the dock shaking it. â€Å"He truly loved that boat,† Amy said. â€Å"Can I get a duh for the sistah?† shouted the feared light child. â€Å"I paid the insurance,† Nate said as he moved away, set out toward the harbormaster. Tako Man had descended the dock from his own pontoon to gaze at the unfilled water. Dismal at this point. Amy supported up into Kona for assurance, however Kona had sponsored up into the following individual behind him, which ended up being Captain Tarwater, brilliant in his naval force whites and recently Kona-scraped shoes. â€Å"Irie, dessert man.† â€Å"You're on my shoes.† â€Å"What happened?† asked Cliff Hyland, descending the dock behind the chief. â€Å"Clay's pontoon's gone,† said Amy. Precipice went up and put his hand on Clay's shoulder. â€Å"Maybe somebody just acquired it.† Clay gestured, recognizing that Cliff was attempting to comfort him, yet comfort fell like sandwiches on the as of late shelled. When Quinn came back from the harbormaster's office with a Maui cop close behind, there were about six researcher, three dark coral jumpers, and a couple from Minnesota who were taking photos of the entire thing, believing this would be something they would need to recall whether they at any point discovered what was going on. As the cop drew closer, the dark coral jumpers blurred to the edges of the group and away. Jon Thomas Fuller, the researcher/business visionary who was joined by three of his charming female naturalists, ventured up next to Quinn. â€Å"This is simply horrendous, Nate. Simply terrible. That vessel spoke to a significant capital speculation for you all, I'm sure.† â€Å"Yeah, however predominantly we jumped at the chance to consider it something that glided and moved us around on the water.† Nate really had an incredible limit with regards to mockery, yet he generally held it for those things and individuals he discovered genuinely aggravating. Jon Thomas Fuller was genuinely aggravating. â€Å"Going to be hard to supplant it.† â€Å"We'll figure something out. It was insured.† â€Å"You should get something greater this time. I know there's a proportion of wellbeing working off of these sixty-five-footers we have, yet in addition with the lodge you can set up PCs, bow cameras, a great deal of things that aren't generally conceivable on little speedboats. A decent size pontoon would add a ton of authenticity to your operation.† â€Å"We kind of chose to go with the authenticity we get from doing believable research, Jon Thomas.† â€Å"We didn't make those figures up.† Fuller found himself raising his voice. The cop talking with Clay investigated his shoulder, and Fuller brought down his tone. â€Å"That was simply proficient envy with respect to our detractors.† â€Å"Your depreciators were the realities. What did you expect when your paper presumed that humpbacks really delighted in being struck by Jet Skis?† â€Å"Some do.† Fuller pushed back his substance head protector and wandered a grin of earnestness, which fallen under its own weight. â€Å"What's your edge, Jon Thomas?† â€Å"Nate, I can get you a vessel like our own, with all the trimmings, and a working financial plan, and you'd simply need to do one little extend for me. One period of work, most extreme. Also, your activity can keep the pontoon, sell it, do whatever you want.† Except if Fuller was going to request that he push him off the dock into the slick water, Quinn essentially realized he was going to turn down the offer, yet he needed to inquire. Those were extremely pleasant vessels. â€Å"Make your proposal.† â€Å"I need you to put your name on an examination that says that human-dolphin communication offices are not hurtful to the creatures, and do an investigation that says that building one at La Perouse Bay wouldn't negatively affect nature. At that point I'd need you to stand up at the fitting gatherings and make the case.† â€Å"I'm not your person, Jon Thomas. To start with, I'm not a dolphin fellow, and you know that.† Nate abstained from adding what he needed to state, which was Second, you are a carefree weasel out to make a buck with no thought for science or the creatures you study. Rather he stated, â€Å"There are many individuals doing concentrates on hostage dolphins. Why not go to them?† â€Å"I have the creature study. You don't need to do the investigation. I simply need your name on it.† â€Å"Won't the individuals who really did the investigation have some issue with that?† â€Å"No. They'll approve of it. I need your name and your quality, Nate.† â€Å"I don't think so. I can't see myself affirming before sway panels and province arranging boards.† â€Å"Okay, sufficiently reasonable. Dirt or Amy can do the stand-ups. Simply put your name on the paper and do the natural effect study. I need the believability of your name.† â€Å"Which I won't have when I let you use me. I'm heartbroken, however my name is all I truly need to appear for a quarter century of work. I can't sell it out, in any event, for an extremely decent boat.† â€Å"Oh, right, the respectability of starvation. Screw that, Nate, and screw your high standards. I'm helping out these creatures by presenting the general population to them than you'll do in a lifetime of charting out melodies and recording conduct. Furthermore, before you resign to your I

Friday, July 10, 2020

Argumentative Essay Topics in Customer Service Help You Learn and Develop Your Customer Service Skills

Argumentative Essay Topics in Customer Service Help You Learn and Develop Your Customer Service SkillsArgumentative essay topics in customer service is an essential part of developing your customer service skills. If you want to improve your customer service skills, an argumentative essay topic can certainly be an important part of your academic success. The first thing that you need to do is find the right writing assignment. Make sure that you select a topic that will make you a better employee, not a worse one.One of the best arguments for argumentative essay topics in customer service is that it is a valuable tool for self-improvement. In your college career you will learn from your professors and other students the importance of being able to state and defend your views. Writing a powerful argumentative essay will help you to express yourself, while also building you as a writer.When you begin writing an argumentative essay, you must keep in mind that you should always be carefu l about what you are saying. You should avoid saying anything too personal or something that might hurt someone's feelings. It is always best to be positive about whatever you are saying and express how you will be helpful to others.It is important to note that an argumentative essay topic in customer service skills is also a great way to develop your argumentative and persuasive skills. If you write a good argument for such a topic, you will find that it is easier to convince people of what you want them to do. As you start your argument, you will find that you will be building your argument structure and understanding the importance of proof in good arguments. Writing an argumentative essay topic in customer service is also a good way to improve your argumentative skills.By developing your argumentative essay topic in customer service skills you will learn the importance of proof and how to clearly state the facts before presenting your case. If you have a good argument, you will find that it is much easier to talk your way through a difficult situation. All you need to do is convince the reader that what you are saying is true and your case will be strong.As you continue to learn the value of argumentative essay topics in customer service skills, you will find that this student's job will become much easier. By reading carefully about customers and their needs you will begin to see how customers use the internet and the World Wide Web to interact with businesses. You will also find that your customers are much more likely to trust you when you show that you have read their opinions. You will learn how important it is to make sure that you understand how the web works and what customers want.By getting help from an argumentative essay topic in customer service skills you will discover how useful they are in helping you learn and develop your customer service skills. By reading and thinking about the opinions of others you will find that you will gain a bette r understanding of what you should be doing. After all, if you want to be a good employee, you should read the opinions of others and be able to use them as evidence when you are arguing your case. As you continue to work on your argumentative essay topics in customer service skills, you will find that this student's job will become easier and you will find that this is indeed an important part of your academic success.

Wednesday, June 24, 2020

Tips for Developing Leadership Skills Essay - 275 Words

Tips for Developing Leadership Skills (Essay Sample) Content: Tips for Developing Leadership SkillsName:Institution:DateTips for Developing Leadership SkillsThe capability to lead successfully is based on a number of critical skills. These skills are highly required during interviews by employers since they involve dealing with individuals so as to inspire, show enthusiasm and build respect. Technical ability and professional knowledge may be necessary, but soft skills are necessary (Owen, 2006). The most significant management proficiency is the capacity to lead. Whether one has just been endorsed to a position with a number of direct information, has been selected as team leader for a venture or wants to hone his skills for a future role as manager, needs to follow the following tips to develop his/her leadership skills.To begin with, a clear communication is a core part of any successful connection, and the connection between the leader and a member of the team is no different (Leatherman EBSCOhost, 2008). A leader should ex press his/her ideas clearly ensuring that employees understand what they are being asked to do. One should, therefore, create a conversation responsive atmosphere, and offer employees the liberty to articulate their thoughts and concerns. Members of any team are more enthusiastic to trusting a leader with whom they are feeling cable communicate openly (Rossiter, 2004).For a leader to develop, his/her leadership skills need to verbalize his/her mission. Only a few leaders express or document their objectives and ambitions for their organizations. Members of these teams can, therefore, only suppose little changes in the future; therefore, they indirectly work against the leader's growth ambitions (Johansen, 2012).Finally, managers wishing to develop their skills need also to invest in team progress. He one should also encourage creativeness by allowing members of his/her team to be wide of the mark. Being off the mark sometimes is an inbuilt part of the creative progression. If employ ees know they will not be penalized for coming up with a typical idea or solution, they get inspired to think outside the b... Tips for Developing Leadership Skills Essay - 275 Words Tips for Developing Leadership Skills (Essay Sample) Content: Tips for Developing Leadership SkillsName:Institution:DateTips for Developing Leadership SkillsThe capability to lead successfully is based on a number of critical skills. These skills are highly required during interviews by employers since they involve dealing with individuals so as to inspire, show enthusiasm and build respect. Technical ability and professional knowledge may be necessary, but soft skills are necessary (Owen, 2006). The most significant management proficiency is the capacity to lead. Whether one has just been endorsed to a position with a number of direct information, has been selected as team leader for a venture or wants to hone his skills for a future role as manager, needs to follow the following tips to develop his/her leadership skills.To begin with, a clear communication is a core part of any successful connection, and the connection between the leader and a member of the team is no different (Leatherman EBSCOhost, 2008). A leader should ex press his/her ideas clearly ensuring that employees understand what they are being asked to do. One should, therefore, create a conversation responsive atmosphere, and offer employees the liberty to articulate their thoughts and concerns. Members of any team are more enthusiastic to trusting a leader with whom they are feeling cable communicate openly (Rossiter, 2004).For a leader to develop, his/her leadership skills need to verbalize his/her mission. Only a few leaders express or document their objectives and ambitions for their organizations. Members of these teams can, therefore, only suppose little changes in the future; therefore, they indirectly work against the leader's growth ambitions (Johansen, 2012).Finally, managers wishing to develop their skills need also to invest in team progress. He one should also encourage creativeness by allowing members of his/her team to be wide of the mark. Being off the mark sometimes is an inbuilt part of the creative progression. If employ ees know they will not be penalized for coming up with a typical idea or solution, they get inspired to think outside the b...

Wednesday, May 20, 2020

Economic Theories of population growth - 7492 Words

Population Growth and Natural Resources 73 3.2 Economic Theories of Population Growth In this section the demographic transition process observed in the previous section will be examined in terms of economic theories. 3.2.1 The Malthus model Thomas Robert Malthus Â…1766 ±1834† is known as a pioneer in the economic theory of population. His Principle of Population Â…[1798] 1926† was a re ¯ection of England s premiere entrance into the process of modern demographic transition. His population theory may be summarized as follows: as with other animals, human beings have a natural instinct to bear children to a physical maximum; under this ` ®xity of passion people tend to multiply in an exponential rate; where the production of†¦show more content†¦Population Growth and Natural Resources 75 following the Agricultural Revolution. Even if the wage rate per hour may not have increased very signi ®cantly, the household income level increased from increased working hours and employment of females and children. Such a condition induced people in the labour class to marry earlier and produce more children. When this tendency coincided with decreases in the death-rate Â…owing to improved living conditions† the  ®rst population explosion in the epoch of modern economic growth took place in England. Indeed, the way that the birth-rate responded positively to increased income per capita was consistent with Malthus s theory. Such a positive response through adjustments in the marriage age and rate can be universally observed in premodern societies, e.g. Wrigley and Scho ®eld Â…1981† for England, and A. Hayami Â…1992† for Japan. The rising trend of the birth-rate for Phase 1 in England seems to re ¯ect the premodern response to the early phase of industrialization. To predict the future course of demographic changes in developing economies, a more general model should be envisaged that is able to explain both the empirical relevance of the Malthus theory for the early phase and its divergence from reality in the later phase of development. Attempts to build such a model have used an approach of maximizing the utility function common to household members Â…Leibenstein, 1957; Easterlin, 1975;Show MoreRelatedOpositions to Thomas Malthus Theory on Population Growth 694 Words   |  3 PagesPrinciple of Population argued that the increase in population growth would ultimately create social and economic problems for a nation. On the contrary, many famous political economists such as Ester Boserup and Julian Simon suggested different views about population and resource growth; which contradicts the Malthus’ theory. Thomas Malthus’ wrote ‘An Essay on the Principle of Population’ argued that the increasing rate of population growth is the impetus of many social and economic issues thatRead MoreThe Neo-Malthusian Population theory assumes that poor nations will never be able to rise much above subsistence levels unless they engage in preventive population checks, if not positive checks.1445 Words   |  6 Pages  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  As stated the Neo-Malthusian population theory claims that poor nations are stuck in a cycle of poverty which they cant get out of unless some sort of preventative measures of population checks are engaged. The Malthusian model was developed two centuries ago by a man named Thomas Malthus. Malthuss model is based upon a relationship between both population growth as well as economic development. Empirical studies now-a-days show that the population theory model is quite flawed because of manyRead MoreThe Theory Of Economic Growth Theory1 703 Words   |  7 PagesLiterature review As an important and popular issue in the field of economic research, it attracts many economists and there are many models to explain economic growth. In the history of the development of economic growth theories, there are three important stages which are the Classical Growth theory, the Neoclassical Growth theory and the Endogenous Growth theory. To start with, the Classical Growth theory is based on the Keynesian theory and the representative one is the Harrod–Domar model. It was putRead MoreWhy Are Some Countries Rich While Others Poor?1502 Words   |  7 Pagesothers poor. This is a question about economic growth. Take Korea for example. Korea had been divided into North and South Korea since 1948. These two countries share nearly the same geography, history and culture. However, the GDP per capita in the South Korea is only 3.22% of the South Korea. Another phenomenon is that the rapid growth had been observed in East Asian in recent years. This is another key economic issue: whether the growth rate of poor economics are higher than developed ones and whichRead MoreChinese Economic Development And Structure Problem986 Words   |  4 Pages Chinese economic development and structure problem Key question: China s economy, (China s economic have increased of Efficiency Analysis .) China s economic high speed growth can be remained? PESTEL China s economic have increased of Efficiency Analysis . After Chine revolution , Chinese economic have increase very fast , take GDP for a example,after economic revolution , about annual growth rate have keep or more than double-digit , this is very crazy. However ,according to the explainRead MoreAn Evaluation Of The Economic Benefits And Ethical Issues Of Population Control1474 Words   |  6 PagesWorking Title Population control: an evaluation of the economic benefits and ethical issues of population control through the use of eugenics Background The topic of population has been prevalent in the study of economics but particularly since Thomas Malthus published his book ‘Essay on the Principle of Population’ (1798). Malthus was the first economist to propose a systematic theory of population. Malthus proposed in his book that humans grow exponentially whereas the food supply grows atRead MoreThe Analysis Of Savings Attitude Will Be Discussed From Two Approaches Macroeconomic And Microeconomic Essay928 Words   |  4 PagesThis section discusses some theories and models that highlights on savings. The analysis of savings attitude will be discussed from two approaches: macroeconomic and microeconomic (household) perspectives. The macroeconomic methodology concerns itself with the influence of economic indicators such as GDP growth rate, rate of inflation, money supply, interest rate, etc., on the saving rate in an economy. At the micro level, individual saving and consumption attitudes, particularly households, haveRead MoreNeo Classical Model1134 Words   |  5 PagesNeo classical theory: An economic theory that outlines how a steady economic growth rate  will be accomplished with the proper amounts of the three driving forces: labor, capital and technology.  The theory states that by varying the amounts of labor and capital in the production function, an equilibrium state can be accomplished. When a new technology becomes available, the labor and capital need to be adjusted to maintain growth equilibrium. This theory emphasizes that technology changeRead MoreThe Effects Of Population Growth On The Steady State Of The Solow Growth Model1502 Words   |  7 Pages The effects of population growth on the steady-state of the Solow growth model INTRODUCTION As the creation of neo-classical economic growth model pioneer, Solow growth model creates a new breakthrough in terms of the theoretical model in the reality and plays an important role in study in long-run economic growth model. The main purpose of this paper is to discuss the effects of population growth on the steady-state and growth rates of the Solow growth model. The structure of this essay isRead MoreEssay on Economic Growth and Development894 Words   |  4 PagesEconomic growth is a necessary but not sufficient condition of economic development. There is no single definition that encompasses all the aspects of economic development. The most comprehensive definition perhaps of economic development is the one given by Todaro: ‘Development is not purely an economic phenomenon but rather a multi – dimensional process involving reorganization and re orientation of the entire economic and social system. Development is a process of improving the quality

Monday, May 18, 2020

Maslow s Hierarchy Of Needs - 769 Words

Teaching is one of the most important jobs as the future of the country, and indeed the world, lies in the children of today. It is important that we as teachers provide an environment, day in day out, that encourages and enables the students to grow not only as learners but as individuals. I believe the environment that facilitates this, (1) includes a fair, enthusiastic and supportive teacher, (2) incorporates the students’ interests into the curriculum, and (3) includes continual assessment to ensure student progress and success. Being approachable, caring, passionate, creative and enthusiastic are all qualities that I possess. Being kind, helpful, fair, polite and respectful are things that I truly value. These are things that I want to be displayed in my classroom by not only my students but myself. Maslow’s Hierarchy of Needs suggests that teachers can play a major part in moulding a child and building a solid foundation for their future (McLeod, 2007). I will play my part by being a positive role model and leading by example displaying these qualities and values every day. I will create a safe classroom environment where students feel like they belong, are accepted and have a right to voice their opinion. I will achieve this through praise and recognition of the accomplishment of goals, big or small, and displaying the qualities and values that I find significant. It is also significant that the content being taught in the classroom is relevant, engaging andShow MoreRelatedMaslow s Hierarchy Of Needs1741 Words   |  7 PagesMaslow’s hierarchy of needs and Herzberg’s. The Maslow’s hierarchy of needs include five levels, and at the certain extent, reflect the rule of human s activities on psychological and behavior. Herzberg’ describe the more details of worker agree or disagree about working. In this essay, more related knowledge details and effects will de described, then, analysis the two theories individual, choose a better one. II. Describe the two theories. 2.1Maslow’s hierarchy of needs The Maslow’s hierarchy of needsRead MoreMaslow s Hierarchy Of Needs1536 Words   |  7 Pagesunderstanding of how to motivate different personality types. In the research I am going to compare Maslow’s hierarchy of needs against Lawrence and Nohira’s 4 drive theory in an attempt to better understand their possible uses inside an organizational structure. Let’s first take a look a look at the two theories before discussing their potential benefit. Maslow’s Hierarchy of Needs. We need to keep in mind that Maslow’s field was phycology, so his research was done from a medical viewpoint more soRead MoreMaslow s Hierarchy Of Needs1524 Words   |  7 PagesSummary of Maslow’s The Hierarchy of Needs Abraham Maslow developed the theories of motivation because he felt that the sophistication of human behavior could not be portrayed through reinforcement or rewards. He felt that human action were directed toward realization and fulfillments and that behavior could be gratified while using multiple types of needs at the same time. Maslow wanted to find positive motivation as to why people react or engage in certain behaviors. He felt that basic survivalRead MoreMaslow s Hierarchy Of Needs1295 Words   |  6 PagesMaslow’s hierarchy of needs (p. 379 in EP)? Outline each level and discuss how it relates to motivation. Abraham Maslow was born in 1908 in Brooklyn, New York. He originally studied law because of the influence of my parents, but after marrying his first cousin, Bertha Goodman, and moving to Wisconsin, he became interested in psychology. After achieving his Masters in Psychology, Maslow moved back to Brooklyn and started teaching at a school there. â€Å"One of the many interesting things Maslow noticedRead MoreMaslow s Hierarchy Of Needs982 Words   |  4 PagesAbraham Maslow was one of the most influential and important educational psychologists and is recognized by many for his theory on mankind’s hierarchy of needs. Maslow’s theory which is known as â€Å"Maslow’s Hierarchy of Needs† is best explained as a pyramid of needs that we as humans must meet in order to progress to another stage of needs. There are five stages in the pyramid of needs and they go as follows: physiological, safety, love and belongingness, esteem, and finally self-actualization. MaslowRead MoreMaslow s The Hierarchy Of Needs1769 Words   |  8 Pages Summary of Maslow’s The Hierarchy of Needs Jennifer Thompson Arkansas Tech University Author Note This individual research paper is being submitted on October 13, 2014 for Loretta Cochran’s Management [BUAD 3123] course. â€Æ' Summary of Maslow’s The Hierarchy of Needs Abraham Maslow developed the theories of motivation because he felt that the sophistication of human behavior could not be portrayed through reinforcement or rewards. He felt that human action were directed toward realizationRead MoreMaslow s Hierarchy Of Needs1498 Words   |  6 Pagesjust want to survive in life they want to flourish. Maslow s hierarchy of needs explains to us a ranking of needs for most essential to the least. While the interactionist point of view explains how humans are social creatures and social interaction is just as important as all of the other needs listed on Maslow’s Model. Maslow s hierarchy of needs is a ranking of needs for most essential to the least. Corrections Today explains that Abraham Maslow was an American psychologist born in New York, heRead MoreMaslow s Hierarchy Of Needs1846 Words   |  8 PagesAbraham Maslow developed the Hierarchy of needs (HON) to try and explain human psychological developments and how these manifest themselves into a worker’s life. We will explore some issues brought up by the model and why it may lack a certain the degree of unification and how it could potentially work better if entwined with other views. Motivation is the â€Å"word derived from the word ’motive’ It’s the process of stimulating people to actions to accomplish the goals† (guide, 2017) Also, MaslowRead MoreMaslow s Hierarchy Of Needs Essay1527 Words   |  7 Pages This international technology company demands strong motivation, stupendous leadership and great understanding between workers. Leaders need to create willingness amongst the employees to operate at their highest potential; this willingness is referred to as motivation. This report is based on a content/needs theory of motivation (Maslow’s hierarchy of needs). It consists of two pieces of primary research on the theory. The first one summarises worker motivation on selected construction sites inRead MoreMaslow s Hierarchy Of Needs1388 Words   |  6 Pages Abraham Maslow was an American philosopher who was born in the early 1990 s in Brooklyn, New York. He was one of the leading theorists that promoted humanistic psychology during his era. Maslow sought to understand what motivates and inspires individuals. He theorized that individuals possess and hold a group of motivation and incentive systems not related to plunder or insensible desires. Maslow declared that people are motivated and provoked to attain certain needs. When one need is fulfilled

Wednesday, May 6, 2020

02 02h Political Cartoon Map Essay - 898 Words

Political Cartoon Map Part 1: Select one image and write at least three observations to support each decoding category. Write your observations in complete sentences, using proper spelling, grammar, capitalization, and punctuation. Choice A: Putting His Foot Down, 1899 Public Domain Choice B: Imperialism in China, 1890’s Public Domain Indicate Your Selection: Choice A or Choice B: ___B_______ Action: Five people (represents five nations) is cutting up a pie called Chine (China). Germany, U.K., Russia and Japan already have their knives or hand on the pie, France has his eyes on it as well. A stereotypical Qing official throws up his hands to try and stop them, but is powerless. Characters/Personas: The woman on the left†¦show more content†¦Ã¢â‚¬Å"Shooting an Elephant† Comparison to Political Cartoon Action: The narrator shoots an elephant while it is peacefully eating grass. The narrator decided to shoot the elephant because he realized he will lose face and be humiliated if he does not shoot it. The elephant resisted. After the elephant got shot, he still struggled to live, breathing dreadfully but powerless. It took him half an hour to die. After his death, the natives had â€Å"stripped his body almost to the bones.† Action: Killing the elephant while it is peacefully eating grass symbolized the barbarity of colonialism as a whole. For instance, China was â€Å"peacefully eating grass† on its own, until the conquerors invade it and ripped the peace away. After China got invaded, it still struggled to live. Just like the elephant, the Chinese man in the cartoon is frustrated and making â€Å"dreadful noise† hope to stop the conquerors. However, both of them were powerless. The conquerors divided China into pieces and will use all of its resources just like how the natives stripped the elephant into the bones. Characters/Personas: The narrator, a British The elephant The natives Characters/Personas: China is the elephant. The five nations are the natives that want the elephant killed. The knives they are using represents their military, is also the narrator in the story. Expressions/Body Language: The natives pressured narrator to shoot the elephant. The elephant

International Business across Borders

Question: Discuss about the International Business across Borders. Answer: Introduction: The surging integration of markets has intensified challenges for business enterprises across the world while consistently unfurling new dimensions to them. Globalization, in the context of business opportunities has made it inevitable for the managers to develop a conceptual understanding of international business since each large and medium sized company, at present, needs to expand their business on an international level. The contemporary customers too prefer selecting a brand while purchasing that has an international reputation in the market. However, to compete in a global context while originating from a developing country only enhances the problems for business organizations as they lack exposure and credibility in a global market. Therefore, each business house, now a days strives hard to become transnational, establishing its business on an international level across the borders. This report reviews a brief analysis of the company, Godrej Groups background along with locating its current operating position. Then, the report discusses the organizations design and structure as well as control issues to verify whether the company is capable of competing in the international market while discussing its strategy for the global context. Besides, it probes into the organizations schemes to project itself in the international market (Godrej.com 2017). It is also worthy to review the companys operational control, production and distribution and human resource management that has caused its eminence in the Indian market. Eventually, this report attempts to identify the key issues in the management and provides some recommendations considering the opportunities that lay before them. Overview of the Company: The Godrej Group, headquartered in Mumbai, Maharashtra and originated back in 1897 presently operates in diverse sectors. This Indian conglomerate has been operating in varied sectors ranging from consumer products, electronic appliances, furniture and security, agricultural products to industrial engineering and even in real estates. The Godrej Industries and its subsidiaries functioning under the patron enterprise, which are as follows, operate these multifarious categories: Godrej Properties Godrej Consumer Products Godrej Household Products Godrej Hershey Godrej Agrovet and Natures Basket Ltd. Besides these, Godrej Boyce is a private holding enterprise that has its presence in 14 different countries investing majorly in home appliances and security sector. Current Operating Position: The chemical division of Godrej Group, Godrej Industries has a vast functioning area based in 40 countries and to more than 60 countries; it exports the products of its subsidiaries (Zander, McDougall-Covin and Rose 2015.). On the other hand, the highly diversified Godrej Boyce has a prominent existence in the major continent markets of Europe, U.S.A., Middle East, South East Asia and even in Africa. Organizational Design Structure: The design of the organizational structure determines the modes of performance a company is likely to deliver (Jensen, Larsen and Pedersen 2013). Since Godrej Group has been, an industrial giant in India an holds equal reputation in large number of countries, it operates in a multilayered hierarchy that ensures its smooth functioning. On the supreme position of the organization the Board of Directors, retain all the decision-making power. The Managing Director operates just under them and is responsible for all the internal processing and performance of the company. The complete structure of the conglomeration is rather complex and elaborate. Management and Control Issues: In order to expand their business in some of the salient markets worldwide the Godrej Group has had several joint ventures. Unfortunately, these ventures have given rise to some issues, rather serious ones that has made the company part ways with them. One of such issues has been the recently talked about split between Godrej and the leading American confectionary Hersheys , where Godrej itself called off the joint venture. It has been reported that Godrej was bothered by the slow progress of the JV of worth 4.5 billion whereas other chocolate marketers seemed to record good profit in the international market (Epaper.timesofindia.com 2017). Apart from this, Godrej had aborted several other joint ventures in the past, worth mentioning among them was in the early 90s call off between Godrej soap and Procter Gamble as brands like Cinthol were getting self-flagellation. According to a spokesperson of the company, the issues of ownership and funds have become a matter of concern for the organization since they have consistently been giving rise to control issues hindering the growth of the company. International Competitive Strategy: In pursuance of international growth, Godrej Consumer Product has adopted a two- pronged scheme that will aid their steady growth. The acquisition of Keyline in UK it has developed a strong ground to flourish. Godrej is going forward with twin strategies to become stronger footed in the global market: Diversifying risk and Grabbing new market. Godrej has much expectation from its alliance with Keyline and a multiplying growth in this particular sector. Besides Keyline, brands like Rapidol also garner huge profit for Godrej. However, Godrej plans to hunt for new opportunities by grabbing new market despite the fact that it increases the risk factor for the patron company (Hoenen and Kostova 2015). SWOT Analysis: The SWOT analysis gives an overview of the conglomerates strength points and weaknesses. Besides, it discusses the future opportunities the company can avail and that what the threats are, which have been a matter of concern for the Indian conglomerate ("Godrej Company Profile - SWOT Analysis" 2017): SWOT ANALYSIS Strengths The vast range of products that the company offers covers almost every area of day-to-day needs. The enterprise has a wide range of subsidiaries to concentrate on manufacturing several different products. Flourishing manufacturing units. Sophisticated and strong IT connectivity with wide range of distributors. Advanced RD capabilities Competent and well-trained management section. Weaknesses The company lacks promotional and advertising activities, which is a major disadvantage for it. It emphasizes more on prima division and office automation. At the same time, the company is focusing on several security products. Impressive selling schemes are absent. Dealers prefer keeping the stock of other companies since Godrej does not offer them attractive gifts. Opportunities The huge market share acquired by Godrej and its subsidiaries. The company may raise consumer offers. Threats Rapidly growing competition in the international market. Products offered by Godrej are not unique. Other competitors are also giving stress on branding. Entry Strategies to Enter Other Countries: Some subsidiaries that have been topping the Indian market are now aiming for a global expansion. The subsidiary of Godrej Consumer Products Ltd. (GCPL) is concentrating on chalking out a 3x3 strategy, which can aid their globalization. With this new strategy, they intend to penetrate deep into the three continents of Asia, Africa and South America basing on three different manufacturing segments as hair care, personal wash and insecticides. Instead of eyeing for the already populated markets of developed countries, where it would have been really challenging to introduce and establish a completely new brand they have rightly focused on the developing countries. According to a spokesperson of GCPL, they are studying the market of these continents to understand the trends of developing countries better. Again, the developing countries have more population than anywhere else in the world where the chances of consumption of the products are rather high (Epaper.timesofindia.com. 2017) In favor of expansion, GCPL has also undergone the process of a series of acquisition in the developing countries like Nigeria, Indonesia etc. In 2010, GCPL acquired a prominent consumer product enterprise in Indonesia, Megasari, which has been proved highly beneficial for the company notching huge revenues. Besides, a Nigerian beauty product company, Tura has also been acquired by GCPL and this acquisition looks promising (Epaper.timesofindia.com. 2017). Talking about the insecticides market, the company holds a large number of shares in the market of Indonesia (35%) as well as in the hair care and wipes market GCPL seems to be quite strong-footed. in addition to this, if not in directly jumping into the market with their products it is cleverly buying stakes of already existing local companies. Supply Chain Management: Supply chain management is often described as obtaining the right things to the right places and at the right time. Godrej believes in a thorough study of market place on a daily basis by the sale of the products considered as trigger. The enterprise has set up an effective channel of distribution to maximize the selling of their product while making sure they are available in abundance to the consumers (Kim and Mauborgne 2014). The supply chain that has been set up by the company follows the order of wholesalers, retailers, showrooms and consumers. Godrej also maintains a website making their goods available online and has tie ups with several shopping sites that result in a faster sale of the products. Product: The umbrella company Godrej offers a varied number of products conforming to all the basic and household requirements of people (Bhasin, 2017) (Altaf and Shah 2015). These product ranges are as follows: Appliances: Refrigerators Washing machines Air conditioners Microwave ovens DVD players Office and Home Furniture: Office Furniture Desking and Seating Open PlanOffice Systems like Computer furniture andStorages Home Furniture -Living Bedroom furniture and Dining and Kitchen cabinets. Locks Electromechanical and mechanical door locks, Furniture locks, Padlocks, Glass and Architectural Hardware etc. Prima Office Equipment: Multifunction devices Typewriters, Fax, Printers Plasma displays, projectors etc. Security Equipments: Burglar and fire alarm Coffers and Cash boxes Security/ Fire doors etc. Storage Solutions: Workshop equipments Tool Storage cabinets Mobile components etc. Electric and Electronics Compressors Energy Conservation Services Systems Bushbar Power Distribution Apart from all these sections, the Godrej Group deals in several other manufacturing segments, which also play key part behind the reputation of the company. Operational Control: Operational controlling in business refers to monitoring internal processes of how the business should be running (Verbeke 2013). It alludes to the decision-making part related to the business processes. The main components of operational control are: 1. Controlling the consequences 2. Liquidity planning Supervising the profitability Enhancing the efficacy even more using the existing resources While discussing the operational control in Godrej, we must primarily analyze the management function of the said organization (Stacey 2016). The management of Godrej has rather a complicated number of processes, which include: Planning, decision making, formulating of objectives and goals as well as selection of quality resources. Next comes the turn for employment, improving of the human resources, communication and deployment. The third step includes motivating the personnel by encouraging and inspiring them, issuing commands and drafting personnel policies. Eventually it is the turn for them to monitor all the operations going round and report to the higher authority. Human Resource Management across Borders: According to Aon Hewitt Best Employers 2015 Godrej emerged to be the best place to work and has achieved the command in talent management. However, in managing recruitment process overseas Godrej faces several challenges: Greater exposure brings greater risks in international undertakings Has to consider numerous external factors such as the regulations of the foreign country. While staffing their subsidiaries overseas Godrej conforms to the following approaches that smoothens the process of recruitment (Lee and Kang 2016.): Ethnocentric: As a family based company, Godrejs subsidiaries in overseas enjoy little autonomy. All the strategic decisions are taken only by the topmost level of hierarchy at headquarter in Mumbai. Polycentric: Recruitment of staff members of foreign subsidiaries is based on the policy of HCN while headquarter bases on PCN. Geocentric: Godrej does not strictly follow nationality as the key to recruitment but offers equal opportunity to the personnel as suitable for the growth of their career (Stahl and Tung 2015). As Godrej keeps rotating its employees in foreign locations, they provide proper pre-departure training to them in order to make them able to sustain in the foreign location. This training consists of three parts: Language Training Cultural Training Training to manage personal life Undoubtedly, this methodological management of human resource has become a strong point behind the dazzling success of the conglomerate (Rees and Smith 2014). Opportunities of Godrej Group: The chairperson of the Indian consortium Adi Godrej has clearly stated the future ideas of his organization, which includes an increase in overseas acquisition (Foss, Lyngsie and Zahra 2013.). The directors have identified the abundant opportunities of foreign acquisitions and this is why they have been exploring the possibilities of acquisitions specifically in the populated developing countries (Webcache.googleusercontent.com, 2017). As discussed above, they are aiming to propel growth in the international market of Latin America, Asia and Africa with their 3x3 strategy and targets CAGR of near about 26% from both organic and inorganic sectors within 2020 (Goerzen, Asmussen and Nielsen 2014). In order to achieve complete operational efficiency they intend to purchase 100 per cent in the enterprise in phases. The growth prospect of Godrej indicates it to surpass some of the biggest companies in U.S and China by 2040-2050 (Sriram and Panda 2013). Issues Faced by Godrej: As devised, Godrej had opted for several acquisitions in the recent years acquiring five out of the eight international affairs. This gave them the initial surge in the international revenues but now, it has become the biggest challenge for them to maintain the steady growth in a competitive market. Apart from this, the neglected promotional strategy section has become another matter of concern for them, as their individual branding in the international sector has been unconvincing. In addition to this, Godrej has to survive the stiff competition with some the renowned international brands with high brand value and of greater popularity among consumers (Mathiyazhagan et al. 2013.). Some of the competitors of two most prominent subsidiaries of Godrej, GIL and Godrej and Boyce being: The competitors of GCPL products are: Palmolive Black Rose LOreal Old Spice Gillette For Godrej Boyce the competitors are: Featherlite Office Systems Pvt. Ltd Monarch Furniture Store Recommendations: The growth in the insecticide segment of GCPL had slowed down in past few years. Among the other personal care goods, the soap category has also declined a bit which has inevitably reduced the consolidated net profit margin of the said subsidiary. In order to maintain the growth, the company must concentrate on the new and fresh variants of product range while sticking to their strong existing points that are running well both in domestic and international markets (Livemint.com, 2017). Talking about Godrej Boyce the company observed a growth of 31% in its consumer durables but at the same time, the furniture sector grew at a modest rate of only 10%. Though producing a low profit margin, Godrej also need to strategize the rapidly growing appliances business since it has immense possibility to compete in the international market (Kumar 2015.). In addition to this, GB needs to allocate greater capital for the industrial product division, GIL as it has been observed to underperform because of modest capital spending. Conclusion: Hence, reviewing all the major points covered in the report we can definitely affirm that the Indian conglomerate Godrej Group is sure to achieve their aimed international expansion. This multi-dimensional company has immense prospect overseas as it deals in almost everything and therefore, can certainly grab the larger share of market in the developing country. Leaving India, Godrej, as a brand already has a strong market position in the countries like Indonesia, Latin America, Africa and Europe, which delivers a strong consistent sales growth to the company. Since the Godrej Group owns a vibrant as well as a diverse business, it has the advantage of consumer trust; the consumers are likely to use one or the other products of the enterprise in their day-to-day life and thereby the factor of credence is formed among them. Lastly, as the company is still largely owned by the family it ensures the administrative smoothness without any sense of confusion in their routine operations. All these factors concerned, Godrej is one of those few companies that have successfully managed to retain its superior reputation not only as a domestic enterprise but also as a conglomerate one. References: Altaf, N. and Shah, F.A., 2015. Internationalization and firm performance of Indian firms: Does product diversity matter?.Pacific Science Review B: Humanities and Social Sciences,1(2), pp.76-84. Bhasin, H. (2017). Marketing mix of Godrej - Godrej Marketing mix. [online] Marketing91.com. Available at: https://www.marketing91.com/marketing-mix-godrej/ [Accessed 31 Jan. 2017]. Epaper.timesofindia.com. (2017). Godrej, Hershey?s End JV over Management Issues. [online] Available at: https://epaper.timesofindia.com/Repository/getFiles.asp?Style=OliveXLib:LowLevelEntityToPrint_ETNEWType=text/htmlLocale=english-skin-customPath=ETBG/2011/07/06ID=Ar00103 [Accessed 31 Jan. 2017]. Euromonitor.com. (2017).Godrej Company Profile - SWOT Analysis. [online] Available at: https://www.euromonitor.com/godrej-group-in-home-care/report [Accessed 2 Feb. 2017]. Foss, N.J., Lyngsie, J. and Zahra, S.A., 2013. The role of external knowledge sources and organizational design in the process of opportunity exploitation.Strategic Management Journal,34(12), pp.1453-1471. Godrej.com. (2017). Godrej | Welcome to the World of Godrej. [online] Available at: https://www.godrej.com/ [Accessed 31 Jan. 2017]. Goerzen, A., Asmussen, C.G. and Nielsen, B.B., 2014. Global cities and multinational enterprise location strategy. InLocation of International Business Activities(pp. 137-180). Palgrave Macmillan UK. Hoenen, A.K. and Kostova, T., 2015. Utilizing the broader agency perspective for studying headquarterssubsidiary relations in multinational companies.Journal of International Business Studies,46(1), pp.104-113. Jensen, P.D.., Larsen, M.M. and Pedersen, T., 2013. The organizational design of offshoring: Taking stock and moving forward.Journal of International Management,19(4), pp.315-323. Kim, W.C. and e Mauborgne, R., 2014.Blue ocean strategy, expanded edition: How to create uncontested market space and make the competition irrelevant. Harvard business review Press. Kumar, K.K., 2015. Are Indian FMCG Companies adding Economic Value to its Owners?.The MA Journal,50(11), pp.90-93. Lee, J. and Kang, N., 2016. A Study on The Moderating Effects of National Culture on International Human Resource Management Strategy and Knowledge Transfer. Livemint.com. (2017). After initial jump, Godrej faces challenge of driving steady growth - Livemint. [online] Available at: https://www.livemint.com/Companies/4hidAzRHVFgHFkX9yZHHrM/After-initial-jump-Godrej-faces-challenge-of-driving-steady.html [Accessed 31 Jan. 2017]. Mathiyazhagan, K., Govindan, K., NoorulHaq, A. and Geng, Y., 2013. An ISM approach for the barrier analysis in implementing green supply chain management.Journal of Cleaner Production,47, pp.283-297. Rees, G. and Smith, P. eds., 2014.Strategic human resource management: an international perspective. Sage. Sriram, S. and Panda, T., 2013. Analysis of the Globalization Approaches of Leading Indian Corporate Groups and Linking it to their Financial Performance. InProceedings of International Conference on Business Management IS(Vol. 2, No. 1). Stacey, R.D., 2016.The chaos frontier: creative strategic control for business. Butterworth-Heinemann. Stahl, G.K. and Tung, R.L., 2015. Towards a more balanced treatment of culture in international business studies: The need for positive cross-cultural scholarship.Journal of International Business Studies,46(4), pp.391-414. Verbeke, A., 2013.International business strategy. Cambridge University Press. Webcache.googleusercontent.com. (2017). Godrej's strategy for growth. [online] Available at: https://webcache.googleusercontent.com/search?q=cache:https://www.rediff.com/money/2006/jun/12godrej.htmgws_rd=crei=SnSQWKuBOYHgvgTX5oD4Cg [Accessed 31 Jan. 2017]. Zander, I., McDougall-Covin, P. and Rose, E.L., 2015. Born globals and international business: Evolution of a field of research.Journal of International Business Studies,46(1), pp.27-35.

Case Study of an Injured Workman Castro Free Sample for Students

Question: Give an Opinion as to Whether or not the Employer in the following example would be considered Negligent in providing a safe place and/or system of work. A workman, Castro, injured his back resulting in a permanent disability when he slipped and fell while carrying a very heavy oxygen bottle (about 146 lbs) which he needed to use on site some 20 or 30 yards away. Castro had not been working as a member of a team and had been moving the oxygen on site without assistance during a period of two weeks he had been working there. Because of the nature of the site, it was impracticable to use a trolley to move the bottle. He was carrying the bottle across his arms, which were held in front of his body when he slipped and fell on his back, the bottle falling with him, and to one side of his body. The defendant stated the bottle was too heavy for a man to carry and that there were other workers on site who could have provided assistance. Answer:Summary of the case The case study involves a work man who is permanently disabled after an accident in the workplace. The man by the name Castro is injured in the process of working in the company. Castro carried a heavy oxygen bottle and slipped on the site. The site by nature is impractical to use a trolley to carry the oxygen bottle. Castro is involved in an accident that caused him permanent disability. Analysis Castro is the plaintiff on the case while Transfield (Qld) Pty Ltd is the defendant. The Company is being accused of negligence. The Company has the duty of care of it employees of ensuring the working conditions are safe. The company has neglected on the responsibility of duty of case of providing a safety working environment. This shows that the company bleached it duty to care for it employees. This negligence by the company has caused Castro permanent disability. In this essay, I will use common law criteria to provide assessment of whether defendant is guilty of negligence. It will involve arguments for and against the guilt of negligence of the defendant. Arguments for the argument for guilty of the defendant in this case will be assessed on the scope of common law as foreseeability, causation, preventability and reasonableness Foreseeability Castro had been moving the heavy oxygen bottle for two weeks while holding it on the front of his body. This indicates that the bottle was held in contact with Castrols body. The site by nature was impassable by trolley. The site location and distance explained in the case was not made passable by the employer. It shows that Castro was daring to go ahead and carry the oxygen bottle for the work to be done. Castro risked his life to ensure work progresses. The oxygen bottle was very heavy (146 lbs) to be carried by one person. The site also had other workers who could have assisted Castro to carry the bottle. The foreseability of this case is that it common knowledge to understand that such heavy load should be carried by several workers to reduce the risk of falling on an individual worker. Also the company should have used wide or common knowledge to prepare the site to be passable before starting to work on the project. Therefore, it can be said that the company failed in this case to be foreseeable of likelihood of a hazard happening in the site. Causation The cause of negligence in this case is based on the unsafe condition that was prevailing in the site of the workplace. The site was by nature impassable by trolleys thereby indicating that there was negligence to improve the site. The company did not make efforts to ensure that safety and healthy work place was provided to the employees. The company was aware that the Oxygen bottle was heavy to be carried by one worker in the site and did not request other employees to offer help. This shows that if the company would have taken precaution measures Castro would not have been injured by the oxygen bottle to get permanent disabled. The negligence of the company efforts in the site led to unsafe matter. Therefore, the company fails this test of causation of unsafe matter as result of negligence. Preventability The heavy oxygen bottle that injured Castro would otherwise be carried by several workers or another hydraulic machine. Castro carrying the bottle on front with his hands was risk taking that could be prevented or reduced by having several workers in the site help Castro. This would have prevented the severity of the accident. Also carrying the bottle as a team would reduce the chances of the accident happening. Another alternative to carrying the oxygen bottle would be using machines that would prevent handling by human body. This would prevent slipping and the accident that happened in the site. Lastly, the company would have stopped Castro from carrying the oxygen bottle until the safety measures are put in place. These conditions would have been made possible by making the site passable or having shared responsibility to carry the oxygen bottle. The company hierarchy of control should have been keen in formulating and implementing policies that would make the workplace safer for workers. This would have prevented the occurrences of the accident that caused Castro disability. Reasonableness This criterion of common law analyzes the balance between the balance of significance of risk and the efforts required to reduce it reasonably (Yip and Goh, 2017). Stopping the progress of the work could have reduced the occurrence of the accident since Castro would not have carried the oxygen bottle. Second, requiring other workers in the team to assist in the carrying of the oxygen bottle would also have reduced the risk significantly. Third, the company would have purchased or hired a machine to handle the oxygen bottle in the site. Fourth, the company would be involved in the preparation of the site to ensure that it was safe for working. This would involve making the site passable before starting working. Lastly, the company would have warned or made it known of the risky situation that is in existence in the site. This would have cautioned worker in the site about the hazards in the site. These reasons show alternatives that would have prevailed to prevent or reduce the acciden t that involved Castrol making him permanently disabled. Adopting these measures would mean that the company should have done or incurred the following; first, the company would have delayed the progress of the project awaiting preparation and modification of the site location to guarantee safety to workers. Second, the company would have to incur expenses in purchasing or hiring a machine to handle the oxygen bottle. Third, the company should have increased it supervisory role to ensuring that periodic assessment is carried out on the safety of the site and workers worked as teams to avoid or reduce risk from excessive pressure. The company could also have incurred expenses to put on safety signs in the workplace. Therefore, the company should have implemented either of these factors before to significantly reduce the risks that are associated with the task. This criterion show that the balance of significant reducing the risk was not reasonably considered. Individual workers in th e workplace remained susceptible to hazards present in the site. Argument Against The argument against the defendant is aimed at disapproving the guilty of negligence of the defendant. It the company being proven innocent on the case of Castrol being injured to become permanently disabled after an accident in the workplace. The will involve a four common law criteria for an argument against the defendant. Foreseeability This entails the knowing of the occurrence of the incidence that injured Castrol. The prior events in the workplace indicate that Castrol had carried the same heavy oxygen bottle for two weeks without any help from his colleagues. This shows that the Castrol had carried the oxygen bottle severally before the incident occurred. From the case study, there are no complaining from either Castrol or worke mates about the working condition. This shows that despite the conditions being impassable it was bearable and the employees kept on working. There is no expert advice that is recorded on the regarding the condition of the work place where the incident occurred. From this analysis, there is no indication of foreseen risk in the work place. Employees were working for two weeks before the accident occurred. Castrol himself did not complain about the condition that he was facing while carrying the heavy oxygen bottle. Therefore, it can be said that the foreseeability of the hazard was canno t be supported by evidence. Causation Castrol slipped and fell while carrying the oxygen bottle. This indicates that the accident occurred to Castrol not as a result of negligence of the defendant but as an accident where the oxygen bottle fell on him. Therefore it was unseen accident that happened and not as a result of unsafe matter based on negligence of defendant. In addition, the plaintiff did not take any measure to reduce the occurrence of the risk while carrying the heavy oxygen bottle. Preventability This criterion involves alternative things that the plaintiff would have done to avoid the occurrence of the accident (Zhou, 2012). First, Castrol would have chosen not to carry the oxygen bottle if it was heavy for him. This would necessitate the company exploiting other meaning of carrying the oxygen bottle. Second, Castrol would have requested assistance from other employees in the team for assistance. This would mean that he would have been assisted to carry the heavy oxygen bottle. In this case, the heavy bottle would not have fallen on him causing the damage that it caused. Lastly, Castrol would have requested for advice from the supervisor on how to handle the heavy oxygen bottle in impractical passable site. This would have stimulated options for handling the heavy bottle. This would also stimulate need for formulating and implementing safety policies in the site. This would have generally improved the safety of the site. Therefore it can be said the alternatives in Castrol s afety were numerous hence the plaintiff due care was neglected. Reasonableness The company needed to get a machine to handle the oxygen machine if the site was impractically impassable by trolley. This implies that the avoiding the risk would cost the company the amount of either purchasing or hiring a machine (Gregory, n.d.). Second, the company supervision should have mobilized the team to handle the task as a group rather than as an individual. This would ensure that efforts are shared and no particular time that a task can cause harm to an individual. Third, the company could also have prepared the area that was the site for the project. This would have included leveling and adding signs where there is high risk of accident occurrence. Also, the company could also have restricted Castrol from carrying the heavy oxygen by having site policies that restrict individuals from lifting weights behold certain mass. Putting in place these measure would mean that the company would have invested on risk and uncertainty assessment and other expenses that would have re duced the occurrence of the accident. The company would have lost work worth two weeks that Castrol put on progress by risking his life. The company saved expenses on risk management. The reasons in this criterion do not outweigh significance of the risk. Conclusion From the analysis of Castrol Vs Transfield (Qld) Pty Ltd indicate that the company (defendant) did not observe due diligence in relation to risks in the workplace. Therefore the employers have a duty of care to provide a safe and healthy working environment for employees. Also employees have a role to play in ensuring that they only work in safe, low risky and healthy environment. References Cumming, D. and Zambelli, S. (2016). Due Diligence and Investee Performance. Financial Management, 23(2), pp.211-253. Gregory, D. (n.d.). Unsafe Workplaces, Injured Employees, and the Bizarre Bifurcation of Section 7 of the National Labor Relations Act. SSRN Electronic Journal. NETTLE, G. (2005). ETHICS - THE ADVERSARIAL SYSTEM AND BUSINESS PRACTICE*. Deakin Law Review, 10(1), p.67. Supplemental Material for Adversarial Allegiance: The Devil Is in the Evidence Details, Not Just on the Witness Stand. (2016). Law and Human Behavior. Yip, M. and Goh, Y. (2017). Convergence between Australian common law and English common law. Common Law World Review, 46(1), pp.61-68. Zhou, Y. (2012). Existential Level of Engineering Law and Its Characteristics. JOURNAL OF ENGINEERING STUDIES, 3(4), pp.375-383.

Thursday, April 23, 2020

Online Social Media Teen Suicide Essay Example

Online Social Media Teen Suicide Essay Influence of online social media, contributing to the recent increase in teen suicide. Previous and current research and statistics have shown that the rate of youth suicide, both in Australia and internationally, has increased a significant amount since 2009 and unfortunately only continues to rise (National Institute of Mental Health, 2013). This research project is designed at exploring the ways in which social media is involved and how it is has been able to influence and contribute to the increasing rates of youth suicide within the last two years.The research will be focusing on two major concepts which will analyse what forms of online social media (and social networking) contribute to youth suicide, as well as, identifying if there are mental health issues that youth begin to develop or experience due to online harassment and victimisation. In Australia over the past four years, the average total of deaths by suicide for each year is approximately 2, 300. In addition, youth s uicide accounted for 25% of deaths recorded in 2011 ranging between the ages of 14-24 for both males and females (Carr, 2009).As well as this, there is great research which displays not only the increasing rate of youth suicide, but the growth in suicide attempts and ideation. Throughout recent years, the growing awareness of suicide and the internet have become greatly connected and dangerously influential. Many recent studies are now finding that forms of social media and social networking are playing a large contribution within almost every teenager’s personal life.A survey found that individuals at risk of suicide who went online pursuing suicide related purposes, in comparison to online users who did not, reported greater symptoms displaying suicidal thoughts and ideation and were unlikely to seek outside help or support (Harris, McLean amp; Sheffield, 2009). The subsequent research proposal will describe the aim and methodology of this study, include a brief literature review and address the ethical issues and implications that may arise while conducting this research.Aims and Objectives It has been strongly recognised that the rate of youth suicide has greatly and ominously increased within roughly the past four years, and social media seems to play a powerful role. The aim of this research is to explore and understand the link between social media and teen suicide within recent years, whilst also identifying which forms of social media and social networking are frequently reoccurring and what is their connection.A Brief Overview of the Relevant Literature in this Field Youth suicide is the deliberate ending of one’s life under the age of 24. In Australia, suicide is second to motor car accidents, and third in the U. S, as the leading cause of death for individuals between the ages of 12-24 (National Institute of Mental Health). Over the past five years, recurring use of social networking sites and a variety of social media had greatly inc reased in popularity within youth aged 12-20 years of age.Alongside this, a drastic surge of events concerning cyber bullying increased rapidly within Australia and internationally. Many cases have been recorded involving issues of self-harm, suicide attempts and fatal suicides committed by teens from countries ranging from the U. K, Canada, India, the U. S and Australia (Centres for Disease Control and Prevention, 2012). The National Risk Behaviour Survey (2012) conducted a study which revealed that the number of attempted suicides among teens had increased from 6. 3% in 2009 to 7. 9% in 2011.In addition to these statistics, 157,000 teens are hospitalised for self-inflicted harm and 13% had admitted to creating a suicide plan. Cyber bullying, also referred to as internet bullying, is defined as the deliberate manner to harm, humiliate and cause emotional distress and this is typically common within youth. It has been found that three prominent, reoccurring social networking sites h ave been discovered when involved with youth who experience suicidal behaviour and potentially attempt suicide due to experiencing cyber bullying.These sites include Facebook, Tumblr and Twitter, all of which are easily accessible, include the option of anonymity and can display a lot of personal information. In recent years, a series of online bullying-related suicides across the globe have brought awareness to the connection between online bullying and suicide. A study conducted in Britain established that approximately half of suicides among youth are related to online bullying through social media networks and 23% of teens aged 12-15 had been bullied via Facebook or email.There are two key relevant studies that will be analysed within this literature review are as follows; a 2011 clinical report, ‘The Impact of Social Media on Children, Adolescents, and Families’ and a 2011 study, ‘Bullying and Suicide’. This literature review will evaluate and compare both studies, and discuss how this information could contribute to gaining further understanding of the research subject regarding the issue of online social media being an influential factor in recent teen suicide.The clinical report ‘The Impact of Social Media on Children, Adolescents, and Families’ written by O’Keeffe and Clarke-Pearson (2011) was to discuss the potential negative issues and risks of online social networking, predominantly looking at the impacts on ‘tweens’ (11-12 years of age) and teens (13-18 years of age). This report outlined largely significant concerns of online social media such as cyber bullying, sexting (sexually explicit messages and/or photographs via text messaging), online harassment and issues of privacy and personal information.The report presented statistics showing that 25% of teenagers accessed their favoured social networking sites and blogs more than 10 times a day and that 76% of teenagers owned a mobile phone which granted internet access. The report discussed studies which explored common risks and dangers of social networking, which additionally concluded such things like the regularity of cyber bullying and the profound psychological outcomes. These outcomes were depression, anxiety, severe individual isolation, and suicide (Hinduja amp; Patchin, 2010).To gather this information, O’Keeffe amp; Clarke Pearson (2011), included a number of different material such as collected data and statistics recorded from previously completed surveys and questionnaires, academic journals and publishing, media articles and so forth. The research that is analysed and discussed in this proposal is both quantitative and qualitative as it involves data recorded from surveys and collected statistics. However, it also explores qualitative elements as it is not written based on retained statistical and numerical information as it takes into account of observations, questionnaire responses, social inp ut and nterpreted facts. The was concluded that due to the gathered information and data (both previous and current), teens that frequently use social networking sites and/or blogs are highly vulnerable to endure some form of online harassment and depending on the severity, could possibly trigger the psychological outcomes that were previously described (depression, anxiety etc). ‘Bullying and Suicide’ is a research article published by Psychiatric Times and written by Klomek, Sourander and Gould (2011).The article describes online bullying as a universal public health issue, particularly in the Western society and in light of recent years, a distinctive link between online social media and teen suicide has definitely emerged. The article explains that findings from most studies that have been analysed surrounding this issue have been cross sectional studies, and indicate that online bullying/harassing behaviour in youth is greatly associated with depression, anxiety, s uicidal ideation and suicide attempts.Due to the results and statistics concluded from these studies, this behaviour was found in primary and high school students but numbers increased when specifically looking at students in grades 8 to 10. Furthermore, it was established that victims of online bullying display much greater symptoms of depression and have higher levels of suicidal ideation, additionally leading to increased likeliness of attempting suicide.This article determined that adolescent bullying continues to be recognised as a major public health concern, and in recent years now seems to be increasingly involved with suicide and other mental health issues. In current times, online bullying has been found to be executed in many ways and through several different social networking sites eg: Facebook, Twitter, YouTube. Correspondingly, studies showed that girls being bullied and hassled via the internet (e-mails, blogs, social sites etc) –infrequently or frequently- we re greatly associated with feeling depressed and experiencing suicidal ideation.On the other hand, studies concluded that boys experiencing frequent online bullying victimisation were associated with feeling depressed, and both frequent and infrequent levels of online victimisation were suffering suicidal ideation and contemplation. When conducting this research on a topic involving mental health and suicide, it is difficult to determine the accuracy of the results from. This is for the reason that some individuals and students may already experience and currently live with mental illness and perhaps have experienced suicidal ideation which then increased due to online bullying/harassment.From comparing the two research studies, it is evident that the easy accessibility, varies forms of online identity and anonymity and access of personal and private information, certainly contributes to the emotions and behaviour of individuals who are victimised via the internet. Methodology Parti cipants: Young adolescents between the ages of 12-20. Approximately 40 people, 20 of those male and 20 female. Materials: A letter asking for parental permission for those who are under the age of 16, and a survey for all consenting participants to anonymously complete.Procedure: 20 consenting females and 20 consenting males ranging from the ages of 12-20 years old will be requested to participate in anonymously completing a survey answering questions about their online usage, popular social networking sites and if they have experienced cyber bullying. Once the 40 surveys have been finalised, they will be collected and evaluated. Ethical Issues The ethical issues that surround this would include the fact that some of the required participants are under the age of 16 and parental consent is obligated for their participation (Spriggs, 2004).Confidentiality is also another aspect of ethical responsibility (Nelson-Jones, 2005). Each participant will be granted anonymity, and those who a re underage, their parents will be presented with a confidentiality agreement which cover the results of the survey and certify anonymity. Contribution of the Proposed Study to the Field The contribution of this research is proposed to raise awareness to the importance, danger and seriousness of the potential risks online social networking has, and the influencing power of social media. Project TimelineThe estimated timeline for this research to be is 12 months. This takes into account 1 month to compose the research proposal, 1 month to prepare the survey, 1- 2 months to analysis and review the survey, 1 month for sending the letters of consent, as well as receive a response, and to distribute the survey accordingly. Collecting all completed surveys from participants will take roughly 2 months and another 3 months to examine the data and assess the results. Finally, the remaining 2 months will be for writing and revising the research paper.

Tuesday, March 17, 2020

Germany hyperinflation Essay Essays

Germany hyperinflation Essay Essays Germany hyperinflation Essay Essay Germany hyperinflation Essay Essay In 1923. Germany experienced hyperinflation which about ruined the nation’s Mark. At the clip of this happening. Germany emerged from the first World War as a also-ran in more ways that one: Not merely did the state lose the war. but the application of Treaty of Versailles crippled the German economic system. The reverberations of England’s demands of war compensation from Germany led to the latter country’s turn with hyperinflation. Even as the American Dollar presently faces a devaluation. though non on the graduated table of 1923 Germany. the American Federal Reserve Board should be wary of its current pecuniary policy and zero rising prices methods. Hyperinflation refers to rising prices that rises rapidly due to lift in monetary values because of the rapid diminution in the value of a nation’s currency. There are assorted ways to specify the oncoming of hyperinflation. : As stated at Wikipedia. Philip Cagan claims an economic system possibly confronting hyperinflation in four ways: First. if a nation’s people choose to deprive from their nation’s pecuniary currency. choosing to put in other nation’s assets. for illustration ; 2nd. if the nation’s people see pecuniary sums in a foreign currency more stable than of the local currency ; 3rd. recognition gross revenues occur at monetary values that compensate for the doomed of currency value ; and 4th involvement rates. monetary values. and rewards are linked to the monetary value index and the cumulative rise of rising prices over a three twelvemonth period peers or surpasses the 100 per centum grade ( â€Å"Hyperinflation† ) . In the twelvemonth 1923 in Germany. rising prices hit 3. 25 * 10^6 per month. affecting monetary values that doubled every two yearss. Harmonizing to Wikipedia. most economic experts province. hyperinflation occurs with â€Å"an inflationary rhythm without a inclination towards equilibrium† ( â€Å"Hyperinflation† ) . There are marks of a state heading towards hyperinflation such as a period of uncheck rise in money supply. political and/or societal agitation. and/or wars or the consequences of wars. This latter class proves evident with Germany in the wake of World War I. Even as Germany made reparations in conformity with the Treaty of Versailles. the British demands led to stultifying effects on the German economic system. The â€Å"London Ultimatum† in May 1921 demanded reparations in gold to be paid in one-year installments of 2. 000. 000. 000 gold Markss plus 26 per centum of the value of Germany’s exports. 3 Before the ultimatum. the Mark â€Å"was comparatively stable at about 60 Marks per US dollar during the first half of 1921† ( â€Å"Hyperinflation† ) . Guttman stipulates that even as Germany made its first payment to the British in in August 1921 ( 21-26 ) . The seeds were planted for the rapid devaluation of the German currency which fell to less than one tierce of a cent by November 1921 about 330 Marks per US Dollar. The entire reparations demanded was far more than the entire German gold or foreign exchange. . The Germans printed more currency to cover its debt and at higher denominations. The Germans attempted to purchase foreign exchange with exchequer measures and commercial debt. but this unwittingly led to a quicker devaluation of the nation’s currency. More marks of hyperinflation appeared in Germany in the resulting old ages. Early on in 1922. the Mark temporarily stabilized at about 320 Marks per Dollar along with international reparation conferences. Unfortunately. nevertheless. these conferences offered no solution to Germany’s sufferings. and by December 1922. the value of the Mark dropped to 8000 Marks per Dollar. The cost of populating index was 41 in June 1922 roses to 685 in December. In January of the undermentioned twelvemonth. Gallic and Belgian military personnels that occupied the Ruhr vale in Germany demanded that reparations be paid in goods like coal since â€Å"the Mark was practically worthless† ( â€Å"Hyperinflation† ) . Reparations. accounted for one tierce of the German shortage from 1920 to 1923 ( Bresciani-Turroni. 93 ) . Germany printed ( see wikipedia ) The rising prices peaked in November 1923 when the authorities introduced the Rentenmark to replace the named Papiermark. The German authorities backed the Rentenmark with monies obtained from mortgaged lands and industrial goods. When the German people accepted this Rentermark. which had a fixed value. the rising prices ended. Another state that is perchance on the route to hyperinflation is the United States. Earlier in 2008. the Federal Reserve tried to bolster the dollar by take downing involvement rates and by harmonizing to Peter Schiff‘s â€Å"Dollar Bears: The route to hyper-inflation. † for illustration â€Å"switching out $ 200 billion dollars of exchequer debt for potentially worthless mortgage-backed securities. † The securities are considered worthless because no private equity house would even touch them. Paper dollars are Federal Reserve Note doing them the liabilities of the Fed. When the Fed puts new notes into circulation it does so by purchasing assets. normally U. S. exchequers. which it so holds on its balance sheet to countervail that liability. Schiff noted. â€Å"By trading exchequers for mortgages. the Fed efficaciously alters the digest of its balance sheet and the backup of its notes. † Schiff observed that â€Å"backing paper money with mortgages isn’t new. The Gallic tried it in the eighteenth century. and it [ led ] to hyperinflation. † Assignats. the currency which the French used in 1790 to help in funding the country’s revolution attempts. were backed by mortgages on confiscated church belongingss. The job was that the revolutionists continuously printed Assignats. despite deprecating the value of their ain currency. As Schiff stated. â€Å"By 1799 the currency was wholly worthless. † To avoid the possible hazard of investing in mortgage securities. the Fed could prosecute is zero rising prices policy utilizing the Keysenian macroeconomics theoretical account. Under this theoretical account the cardinal bank would keep a zero per centum nominal involvement rate. The intent is to promote investing in the economic system by doing capital purchases more enticing. Harmonizing to the pro-zero rising prices side in Rebecca Hellerstein‘s article â€Å"The Impact of Inflation. † â€Å"zero rising prices allow consumers and houses to compose simpler contracts and do long-run programs for retirement or future investing with less concern. † The statement. in the contrary. about the costs acquiring to this point would outweigh the benefits. Economic end product would be lost. Unemployment would lift. Workers would see lost in wage. because of Hellerstein provinces in her article. â€Å"Firms use rising prices to ‘cover’ accommodations in existent rewards. † Besides. retired persons wouldn’t see the cost of populating accommodations that that would have with a low to chair involvement rate due to zero rising prices. Furthermore. zero rising prices could take to deflation. and terrible deflation could take to high involvement rates with falling nominal monetary values. Germany. at the terminal of World War I went through a major economic crisis with hyperinflation because of rapid devaluation of its currency. Germany was unable to adequately run into the signifier of reparation of its war debt with England. This led the state to devaluate its ain currency to run into its demands. Because of this devaluation the Germans had to do other reparations in industrial goods like coal. America with its current rising prices and chases of a pecuniary policy that resembles what the Gallic pursued in the 1790s could take to hyperinflation. An option in the signifier of zero rising prices seems a proper class to some economic experts. but to the people themselves. the costs of making this point may be exceeded by the costs. WORKS CITED Bresciani-Turroni. Constantino. The Economics of Inflation. London: George Allen A ; Unwin. 1937. Cagan. Phillp. â€Å"The Monetary Dynamics of Hyperinflation. † in Milton Friedman ( Editor ) . Studies in the Quantity Theory of Money. Chicago: University of Chicago Press 1956. Guttman. William. The Great Inflation. London: Gordon A ; Cremonesi. 1975. Hellenstein. Rebecca. â€Å"The Impact of Inflation. † Regional Review Winter 1997. Federal Reserve Bank of Boston. Boston MA. 4 May 2008 lt ; hypertext transfer protocol: //209. 85. 173. 104/search? q=cache: Ihqt79CzCR0J: World Wide Web. Bos. frb. org/economic/nerr/r r1997/winter/hell97_1. htm+zero+inflation+policy A ; hl=en A ; ct=clnk A ; cd=1 A ; gl=us gt ; . Hyperinflation. Wikipedia 28 April 2008. Wikipedia Foundation. Inc. . lt ; hypertext transfer protocol: //en. wikipedia. org/wiki/Hyperinflation gt ; . Schiff. Peter. â€Å"Dollar Bear: The Road to hyper-inflation. † Today’s Financial News 1 5 March 2008. TodaysFinancialNews. LLC. St. Paul MN. 4 May 2008 lt ; hypertext transfer protocol: //www. todaysfinancialnews. com/us-stocks-and-markets/dollar-bear- hyperinflation/ gt ; .