Saturday, August 31, 2019

Alienation Essay

Metamorphosis is a change in physical form or structure. In The Metamorphosis, there is a literal change in the protagonist, Gregor Samsa’s, physical form from a man to an insect. This metamorphosis brings to light one of the major themes in the novel; the theme of alienation. Today’s society demands conformity to its norms and any individual who refuses to accept these faces alienation. Such is the fate of Gregor in the story. Before Gregor’s metamorphosis, he is alienated from his job, humanity, his family, and even his body. The metamorphosis, however, takes the alienation to a different plane. In the story, Gregor’s job precipitates his alienation from society, his family, and himself. Gregor’s initial alienation is from his physical body and as the story progresses we find that Gregor’s life as an insect is not much different from his life as a human. From the first few paragraphs we get the impression that Gregor’s metamorphosis has only transformed him from one body to a less convenient one. He does not seem frazzled by his transformation, but explores his new body and tries to work with it. He observes his â€Å"numerous legs, which were pitifully thin compared to the rest of his bulk† (Kafka, 494), he feels a â€Å"dull ache he had never experienced before† (495), and he discovers a place on his body that he cannot itch. Gregor does not seem to have any emotional change due to this transformation. This is evident when he wakes up after his transformation and is annoyed that he cannot go to sleep because he cannot turn onto his right side. He also thinks about how he can no longer attend work.

Friday, August 30, 2019

Research Papers on Ready to Eat Food

CRISES Paul Krugman, January 2010 As this is formally billed on this program as the Nobel lecture, I suppose that I’m expected to focus on the work for which I was honored with the prize. And yet †¦ proud as I am of the work I and many others did on increasing-returns trade and economic geography, given what is happening in the world – and given what I’ve largely been working on these past dozen years – that work is not uppermost in my mind. Fortunately, there’s an out. The Nobel committee did cite another line of work that goes back to the first good paper I ever wrote: â€Å"A model of balance of payments crises†, published in 1979 but originally written while I was in still in grad school. When I’m in an expansive mood, I like to say that I invented currency crises – not the thing itself, which goes back to the invention of paper money, but the modern academic literature. And business has been good ever since. Now, most of what has gone wrong with the world these past two years has not taken the form of classic currency crises (though give it time – the Baltic nations, in particular, seem well positioned to follow in Argentina’s footsteps). But there are strong parallels between the kinds of crises we actually have been experiencing and what those of us in the currency crisis biz call â€Å"third-generation† crises. Both the similarities and the differences are, I think, illuminating. 1 So without further ado, let me launch into a discussion of currency crises, their relationship to financial crises in general, and what all of that tells us about current prospects. A history of violence The sudden implosion of world financial markets, trade, and industrial production in 2008 shocked many if not most economists. I think it’s fair to say, however, that international macroeconomists were less startled. That’s not to say that we predicted the crisis: speaking personally, I saw that we had a monstrous housing bubble and expected bad things as it deflated, but both the form and the scale of the collapse surprised me. What is true, however, is that international macroeconomists were aware, in a way those who focused mainly on domestic data were not, that the world economy has a history of violence. Drastic events – sudden speculative attacks that emerge out of a seemingly clear blue sky, abrupt economic implosions that slash real GDP by 5, 10, even 15 percent – are regular occurrences on the international scene. Let me illustrate the point with the figure below, which shows peak-to-trough declines in real GDP during â€Å"third generation† currency crises (a term I’ll explain in a little while). This list is close to, but not identical to, the Reinhart and Rogoff (2009) list of banking crises: as R&R point out, crises often combine elements of several of their ideal types. What I’ve done in this case – in a poor man’s homage to Reinhart and Rogoff’s awesome data-collection effort – is scan the Total Economy Database for all cases of sharp GDP declines in high-and middle-income countries since 1950, then do some cursory historical research to ask whether they fit the profile of a third-generation crisis. 2 GDP declines in third-generation currency crises Mexico 1994 Korea 1997 Chile 1981 Malaysia 1997 Finland 1990 Thailand 1997 Indonesia 1997 Argentina 2002 5 10 15 20 A few observations: First of all, we’re talking huge declines here – Depression-level, in some cases. You can see why international macroeconomists were more attuned to the possibility of disaster than domestic macroeconomists: if you were looking only at US data, your idea of a really bad slump would be 1981-1982, when real GDP fell only 2. 3 percent. Second, if you know a bit about the history, you get a very strong sense of just how wrong conventional wisdom can be. Reinhart and Rogoff emphasize the â€Å"this time is different† syndrome, the way people wave off clear parallels to earlier crises. I’d go a bit further and argue that there’s a strong â€Å"pride goeth before a fall† syndrome. In many if not all of these cases, the country in question was everybody’s darling just before the disaster. Chile was a showpiece for Chicago School policies in action. I remember personally the enormous optimism about Mexico on the eve of the tequila crisis; I was very unpopular at a 1993 meeting of investors where I raised some questions about prospects. Argentina’s currency board was lionized by the Cato Institute, the Wall Street Journal editorial page, and so forth. The countries caught up in the East Asian crisis were the subject of glowing reports, including a major World Bank study. 3 After the fact, of course, everybody saw many flaws in each afflicted country’s economic model – just as everyone now sees the rottenness of the U. S. financial system, a system that was being praised just yesterday as one of the wonders of the world. Finally, note that half my examples are from the late-90s East Asian crisis. That crisis had a profound effect on some of us. Nouriel Roubini was transformed from a mild-mannered macroeconomist into Doctor Doom. I lost my faith in the healing powers of central bankers, and wrote the original edition of The Return of Depression Economics. In essence, the East Asian crisis awakened us to the fact that there were more dangers in the world economy than were dreamt of in textbook macro. But what were these dangers, anyway? Generat(ion)ing crisis All crises are divided into three parts. OK, maybe not. But the currency risis literature has evolved in three â€Å"generations†, successive accounts of what can cause sudden speculative attacks on currencies. First-generation models began, at least in my mind, with wise words from the governor of the Bank of Portugal. Back in 1976, a group of MIT graduate students was working at the Bank, thanks to a personal connection between the governor and Dick Eckaus. Portugal at the time was 4 a bit of a crazy place, still suffering from the mild chaos that followed the overthrow of the dictatorship the year before. The economy had stabilized after an initial slump, but the currency was under pressure, with reserves rapidly dwindling. It turned out later that most of the reserve loss was due to foreign exchange hoarding by commercial banks – which was kind of funny, since at the time those banks were state –owned. But in any case, the governor made a remark that intrigued me: â€Å"When I have six months of reserves,† he said, â€Å"I will have no reserves. † What he meant was that once reserves dropped below some critical level, there would be a run on the currency that would quickly exhaust whatever was left. There were already economic models like this, albeit of very recent vintage – and not exactly about foreign exchange. Notably, Salant and Henderson (1978, but circulated as a working paper in 1976), in an analysis of gold prices, devoted part of their paper to attempts to stabilize gold prices with stockpiles. They showed that an unsustainable stabilization scheme would eventually collapse in a speculative run that quickly exhausted the remaining stock, which is more or less what happened in March 1968. I realized that this was in effect what Silva Lopes had been saying about the escudo. Translating that insight into a fully-specified model was a bit tricky. Krugman (1979) was more complicated than it should have been; it took the work of Flood and Garber (1984) to get it in comprehensible form. But the result was a highly suggestive analysis of speculative attacks on fixed exchange rates. 5 But there were problems with that analysis. Some complained about the asymmetry between super smart speculators and super stupid governments. More compelling, in my view, was the fact that the story didn’t seem to fit very well with what actually happened in many currency crises, especially in advanced countries. For example, neither the sterling crisis of 1931 nor that of 1992 seemed to be mainly about dwindling foreign exchange reserves. Instead, both seemed to be about governments who found that their commitment to a fixed exchange rate was interfering with attempts to achieve domestic objectives, especially full employment. When speculators began to bet on an abandonment of the currency peg to deal with pressing domestic concerns, spiking interest rates sharply increased the cost of defending that peg – hence, a crisis, with speculators in effect forcing the government’s hand. In an influential survey of evidence from the 1992-1993 European crisis, of which the fall of sterling was one component, Eichengreen, Rose, and Wyplosz (1995) coined the term â€Å"secondgeneration models† to describe models that tried to capture this quite different kind of crisis dynamics. The most influential modeling came from Obstfeld (1994), who showed that this kind of analysis strongly suggested the possibility of multiple equilibria: countries in a vulnerable state could experience a currency crisis whenever investors believed that such a crisis was imminent, or for that matter believed that other investors believed in a crisis. But two generations of crisis theory, it turned out, were not enough. Second-generation crisis models suggested that succumbing to a speculative attack should be good for employment and GDP: no longer constrained by the exchange rate commitment, a government would be free to 6 expand demand. That is, in fact, what happened in the aftermath of the two sterling crises, 60 years apart: I used to joke that Britain should erect a statue of George Soros in Trafalgar Square, to thank him for getting the UK out of the ERM. But it’s not what happened to Mexico after the tequila crisis, or the East Asian economies after the crises of 1997, or Argentina after the collapse of convertibility in 2002. In all these cases the collapse of a fixed rate under speculative attack was followed by a severe contraction in the real economy. Hence the development of third-generation models. These models – e. g. Krugman (1999), Aghion et al (2001), Chang and Velasco (1999) – emphasized private-sector balance sheets, especially firms or banks with foreign-currency debt. The key argument was that a currency depreciation set off by speculative attack would sharply worsen balance sheets, as the domesticcurrency value of foreign-currency debt rose. This in turn would damage the economy, e. g. by depressing investment, which would feed back into further currency depreciation, and so on. Some models stressed the possibility of multiple equilibria, but even without such multiplicity there was the clear possibility of disproportionate depreciation and output decline from an adverse shock, including the end of a bubble financed by foreign capital. Or to put it a different way, what happens in a third-generation currency crisis is a vicious circle of deleveraging. Hence the severe cost to the real economy. One question you might ask is whether this diagnosis is all ex-post rationalization. Did the theory of third-generation currency crises actually succeed in predicting any crises? The answer is yes: Argentina, which, alas, played out exactly as expected. 7 Before I proceed to the relationship between currency crises and the financial crises that have afflicted all of us recently, let me briefly ighlight two policy issues that arise in the context of third-generation crises. First, does this analysis argue that troubled economies with large foreign-currency debt should avoid currency depreciation? This is a highly relevant question right now for the Baltics, which, as I’ve already mentioned, are currently in a situation highly reminiscent of Argentina’s position just before the collapse. It might seem, given the a ccount I’ve just provided, that Latvia or Estonia should do anything possible to avoid devaluation. But that’s not right. Suppose that the underlying problem is a level of prices and wages that makes your production uncompetitive – typically the consequence of an earlier period of excessive capital inflows. Then what must happen, sooner or later, is a decline in prices and wages relative to those in your trading partners – a real depreciation. This can happen through nominal currency depreciation – but this has the unpleasant consequence that the real value of foreign currency debt will rise, creating a deleveraging crisis. Unfortunately, the alternative is worse. Real depreciation without nominal depreciation must take place through deflation. And this means that the real value of all debt, not just foreigncurrency debt, rises. So the deleveraging crisis will be even worse if you don’t depreciate. 8 A second issue concerns the role of capital mobility. Clearly, substantial capital mobility is a prerequisite for third-generation crises, which can’t happen unless you’ve already run up a large foreign-currency debt. And in the crisis, it’s capital flight that leads to the large depreciation that in turn worsens balance sheets. So there is a clear case for temporary capital controls – a sort of curfew on capital flight – in the heat of a third-generation currency crisis. But what does all this have to do with the current problems of the United States and other advanced countries? Deleveraging crises: similarities and differences In the movie The Longest Day there’s a scene involving a German general who is first shown preparing for a war game in which he will play the American commander. He tells his aide that he plans to surprise everyone by landing, not at Calais, but in Normandy – but not to worry, the Americans would never do that. Then, when the invasion begins, he mutters, â€Å"Normandy! How stupid of me! † Now you know how some of us felt as the current crisis unfolded. By 2006, huge U. S. urrent account deficits suggested that the dollar would have to fall eventually, and the fact that U. S. real interest rates weren’t significantly higher than rates in other major economies suggested that markets weren’t taking that fact into account. So there was reason to expect a Wile E. Coyote moment – a moment of sudden realization – leading to a 9 sudden dollar fall. But U. S. external debt, although large, is overwhelmingly dollar-denominated. So America didn’t seem vulnerable to a third-generation currency crisis. No worries, then, right? Yet the logic of the models should have suggested that there were, in fact, reasons to worry. After all, a vicious circle of deleveraging could arise as easily on the asset side as on the liability side, as noted in Krugman (2002). It should have been easy to put the evidence of a mammoth housing bubble together with the concepts of third-generation crisis theory to see how a nasty deleveraging cycle could occur without the â€Å"original sin† of dependence on foreign-currency debt. Sadly, almost nobody – certainly not yours truly – put the pieces together. Even those of us who diagnosed that housing bubble correctly failed to foresee the financial implosion that would follow. Normandy! How stupid of me! But now it has happened. How does the crisis we have actually stumbled into compare with a currency crisis, both in terms of outlook and in terms of the policy response? One difference one might have expected to be important is the role of monetary policy. The normal front line of defense against recession involves cutting interest rates. For a country facing a currency crisis, however, that defense is of ambiguous value: cutting rates may help domestic demand, but it may also weaken the currency, intensifying the vicious circle. For a country facing an asset-side deleveraging spiral, however, interest rate reductions are all good: in 10 addition to their usual effects, they support asset prices and help balance sheets. So you might have expected central banks to be very effective in fighting asset-price-driven deleveraging. In reality, however, the monetary line of defense was quickly overrun: reductions in policy rates quickly ran up against the zero lower bound, and that was that, at least as far as conventional monetary policy was concerned. We should have seen this coming: Krugman (2002) laid it all out, but nobody – the author included – took the message to heart. Meanwhile, there’s another difference between currency crises and asset-side crises that makes the latter look worse: namely, the fact that asset-price deflation, unlike currency depreciation, has no indirect stimulative effect on the economy. As Calvo et al (2006) have stressed, financial crises in emerging markets are often followed by â€Å"phoenix-like† recoveries, with the downturn giving way to very rapid growth. Key to these recoveries is the fact that a severely depreciated currency makes exports extremely competitive, leading to a large positive swing in the trade balance. As with the output declines associated with third-generation crises, the violence of these turnarounds is startling to economists accustomed to the tameness of U. S. data. The figure below shows the â€Å"current account reversal† for each of the cases shown at the beginning of this paper – that is, the extent of the swing from current account deficit on the eve of the crisis to the maximum current account surplus following the crisis. 1 Current account reversal as % of GDP 0 Mexico 1994 Korea 1997 Chile 1981 Malaysia 1997 Finland 1990 Thailand 1997 Indonesia 1997 Argentina 2002 5 10 15 20 25 These are awesomely large swings. In part, no doubt, they were due to the import-compressing effect of recession. But mostly they represent a gain in competitiveness due to plunging currencies. Plunging prices of house s and CDOs, unfortunately, don’t produce any corresponding macroeconomic silver lining. This suggests that we’re unlikely to see a phoenix-like recovery from the current slump. How long should recovery be expected to take? Well, there aren’t many useful historical models. But the example that comes closest to the situation facing the United States today is that of Japan after its late-80s bubble burst, leaving serious debt problems behind. And a maximum-likelihood estimate of how long it will take to recover, based on the Japanese example, is †¦ forever. OK, strictly speaking it’s 18 years, since that’s how long it has been since the Japanese bubble burst, and Japan has never really escaped from its deflationary trap. 2 This line of thought explains why I’m skeptical about the optimism that’s widespread right now about recovery prospects. The main argument behind this optimism seems to be that in the past, big downturns in the world’s major economies have been followed by fast recoveries. But past downturns had very different causes, and there’s no good reason to regard them as good precedents. Living in a crisis-ridden world Looking back at U. S. commentary on past currency crises, what’s striking is the combination of moralizing and complacency. Other countries had crises because they did it wrong; we weren’t going to have one because we do it right. As I’ve stressed, however, crises often – perhaps usually – happen to countries with great press. They’re only reclassified as sinners and deadbeats after things go wrong. And so it has proved for us, too. And despite the praise being handed out to those who helped us avoid the worst, we are not handling the crisis well: fiscal stimulus has been inadequate, financial support has contained the damage but not restored a healthy banking system. All indications are that we’re going to have seriously depressed output for years to come. It’s what I feared/predicted in that 2001 paper: â€Å"[I]ntellectually consistent solutions to a domestic financial crisis of this type, like solutions to a third-generation currency crisis, are likely to seem too radical to be implemented in practice. And partial measures are likely to fail. † 13 Maybe policymakers will become wiser in the future. Maybe financial reform will reduce the occurrence of crises: major financial crises were much rarer between the end of World War II and the rise of financial deregulation after 1980 than they were before or since. Meanwhile, however, the fact is that the economic world is a surprisingly dangerous place. REFERENCES Aghion, Philippe, Philippe Bacchetta, and Abhijit Banerjee, 2000, â€Å"Currency Crises and Monetary Policy with Credit Constraints† (unpublished; Cambridge, Massachusetts: Harvard University). Chang, Roberto and Andres Velasco 1999, â€Å"Liquidity Crises in Emerging Markets: Theory and Policy,† NBER Working Paper No. 7272. Eichengreen, Barry, Rose, Andrew, Wyplosz, Charles and Dumas, Bernard, â€Å"Exchange Market Mayhem: The Antecedents and Aftermath of Speculative Attacks†, Economic Policy, October. Flood, Robert, and Peter Garber 1984, â€Å"Collapsing Exchange Rate Regimes: Some Linear Examples,† Journal of International Economics, Vol. 17, pp. 1–13. Krugman, Paul, 1979, â€Å"A Model of Balance of Payments Crises,† Journal of Money, Credit and Banking, Vol. 11, pp. 311-325. Krugman, Paul, 1999, â€Å"Balance Sheets, The Transfer Problem, and Financial Crises,† in Flood, Robert, Isard, Peter, Razin, Assaf, and Rose, Andrew, eds. , International finance and financial crises: essays in honor of Robert P . Flood, Jr. , Kluwer. Krugman, Paul 2002, â€Å"Crises: the next generation† in Assaf Razin, Elhanan Helpman, and Efraim Sadka, eds. , Economic policy in the international economy: essays in honor of Assaf Razin, Cambridge. Obstfeld, Maurice; 1994, â€Å"The Logic of Currency Crises,† Cahiers Economiques et Monetaires, Bank of France, Vol. 43, pp. 189-213. Reinhart, Carmen and Rogoff, Kenneth 2009, This Time is Different: Eight Centuries of Financial Folly, Princeton. Salant, Stephen and Henderson, Dale 1978, â€Å"Market Anticipations of Government Policies and the Price of Gold†, Journal of Political Economy 14

Thursday, August 29, 2019

Islam Definition Essay

For the past few months I have been overseas working in the wonderful country of India. I’ve observed many different things; many unusual things about this country. India has a wide variety of cultures and religions. The holiday I have learned about is called Hajj. Hajj means ‘to set out for a place’. Hajj is the pilgrimage that Muslims make to Makkah or also called Mecca , Saudi Arabia, and is one of the five basic requirements of Islam. It is a religious high point of a Muslim’s life and is an event that every Muslim dreams of being part of. Hajj is a religious obligation to be fulfilled at least once in the course of the life of each Muslim law grants, and is a series of detailed rituals. It is a Muslims obligation to be mindful of their friends and family and to all humans whatsoever. Islamic followers believe that every nation should have a unity so they can all worship God. They believe that through culture people will come together as a whole to praise God, and learn each other’s difficulties. All official duties are suppose to be completed between the ninth and thirteenth day of Hajj. There are three main pillars that are to be performed during Hajj. The first pillar is to get into a state of â€Å"Ihram† and intend to perform the pilgrimage. The second pillar is to stay at the field of â€Å"Arafat† on the ninth day of Hajj. If the person cannot complete the pilgrimage then he/she will have to try to complete it the following year. The third pillar is additional circling of the â€Å"Ka’ba† which is done after the first pillar and is performed from the tenth day of Hajj till the end of the month. These past couple months in India have been a great experience. I’ve learned a lot of new things, which has been something different for me. I would love to come back and visit all of the people that I have met, because everyone was so nice. Learning about the Hajj was very interesting to me, and I will go back and share all of my experiences with everyone back home.

Wednesday, August 28, 2019

Business marketing assignment (Starbucks) Essay

Business marketing assignment (Starbucks) - Essay Example Several terrorist groups are targeting the customers of Starbucks Cafe in order to achieve their political goals and demands. For example, terrorist attack in Africa and Middle East took the lives of several in-store customers. These kinds of terrorist activities have negative effect on the business operation of Starbucks. The impact is affecting the overall sales and profit of the organization. Starbucks are selecting politically stable countries for their business operation. This strategy will help the organization to maximize business growth and market share. Recent financial crisis and global economic recession has reduced the purchasing power of people. Low disposable income, increasing unemployment rate, high interest rate and low per capita income reduced the consumption activities of people. Costa Coffee, JD Wetherspoon and McDonalds are the potential competitors of Starbucks. These competitors implemented competitive pricing strategy in order to achieve potential competitive advantages. Low pricing strategy of the competitors is affecting the business performance of Starbucks. The organization is one of the leading employers around the globe. Starbucks has developed ample job opportunities for the job seeking applicants in their coffee shops. This organizational process is helping in economic development and employment opportunities. Moreover, the organization has developed respectable and better social hubs where the people can visit with their friends and relatives. Effective workplace diversity motivates the employees to perform significantly. The organization promoted valuable respect and diversity leading to effective social lifestyle and significant internal stakeholders’ contentment. Starbucks is capitalizing on the potential opportunities that developed due to the implementation of advanced technology. Phone applications, Starbucks cards and payment through online eased the business functions of

Tuesday, August 27, 2019

- Art and Music Appreciation Essay Example | Topics and Well Written Essays - 250 words - 5

- Art and Music Appreciation - Essay Example in God’s design, but Leonardo illustrated it in a scientific or mathematical diagram, still showing a beautiful form and capturing the movement of that time. This painting seeks ancient classic forms to create a historic scene: a Renaissance characteristic that is carried off with architecture (Palladian columns) and figures (Constantine). If the same action took place in a forest, it would be robbed of the elegance and historic props necessary to tell the story, and it would lose significance. The Emperor requires the regal surrounding and the baldachin (or marquee): piety. The poor and rich onlookers would not be contrasted so sharply if the background was neutral: here the beggars are seen as being there at the behest of a kind king: charity. The rich are there to pay homage to a Christian leader: humility. The grandeur underlines the meaning. Mother and child pictures and statues have come down to us from ancient times: much further back than the Christian era. Isis, the Egyptian goddess, was often depicted with her son Horus, which scholars think is one example of the source of most Mother/Child portrayals. There is also the Phemba, a 19th century African secular statue of a mother and child. Michelangelo’s early 1500s statue of Madonna and Child is a highly evolved rendition of a very old theme that differs greatly from early medieval images, which were idealized, and largely based on icons. Even medieval statues have a stiff flat look, and almost all show the Madonna with an ‘upturned egg-shaped head’ and long Byzantine nose. Michelangelo’s statue is a sensitive portrayal of a melancholic woman: a humanistic sketch of emotion. The lyrics of the Spring sonnet, and the strains of the chamber music that paradoxically paint an outdoor scene, are my favorite of all the four movements. Here we have a clear sensation of hope in all things new: ‘a glittering arrival of Spring’ full of little birds, zephyrs (light breezes), leaves and plants that

International Trade Simulation Essay Example | Topics and Well Written Essays - 1000 words

International Trade Simulation - Essay Example Say for example, a country that has fertile soil and a climate that is beneficial to agriculture can specialize in agricultural products. They can export the agricultural products and import products that are products more efficiently by other countries. By using this advantage, both countries will be able to increase their wealth by specializing products they products efficiently and export them, then import the ones they don’t produce so well. The Trade Representative Office of Rodamia would like to give the Hon. Michael Jacobs, President of Rodamia, some recommendations for the scenarios in the international trade we will encounter. Lisa Drake, Chairman of the Trade Commission, gave expert advice to formulate sound international trade policies and Walter Barnes, Deputy Trade Representative, assisted in handling negotiations with neighbouring countries. Rodamia has three neighbouring countries: Uthania, Alfazia, and Suntize. And each of them has their own resource of special ization. It is also of absolute importance to know the rationale of each recommendation, its advantages and disadvantages. Understanding Opportunity Costs and the Production Possibility Frontier In the first scenario, the opportunities for trade in Uthania, Alfazia and Suntize should be explored. In this case, we need to decide which products should be exported to which country and which to be imported to which country. ... To better understand the comparative and absolute advantages of Rodamia, the opportunity costs for each product of each country are shown in the tables below: Table 1. Opportunity cost comparison for countries producing agricultural products Corn (units: 000 tons) Cheese (units: Mn Pounds) Rodamia 1 2 Uthania 1 1 Alfazia 2 3 Table 2. Opportunity cost comparison for countries producing electronics DVD Players (units: Mn pieces) Watches (units, Mn Pieces) Rodamia 2 3 Uthania 1 2 Suntize 2 5 The opportunity cost described here is the value of what is given up. Before we set to trade, it is important to understand the Production Possibility Frontier (PPF) and the opportunity cost for each decision we take. PPF measures the maximum combination of outputs you can get from a given number of inputs, For example, the PPF of corn and cheese in Rodamia shows the maximum amounts of two goods that can be produced from the given resources and technology. In Table 1, the opportunity costs for corn and cheese were presented. If you produce no cheese, then all resources can be used to produce 4000 tons of corn. For every 1 unit of corn produced in Rodamia, 2 units of cheese are equivalent. Walter Barnes discussed Rodamia’s comparative advantage that lies in corn production since it has a lower opportunity cost compared to cheese. In the scenario of corn vs. cheese, it is highly recommended to export corn and import cheese. Now the next step is to determine which country to import cheese. We can import cheese from Uthania since the cheese production has a lower opportunity cost compared to Alfazia. Though Alfazia has an absolute advantage in producing

Monday, August 26, 2019

Jean-Jacques Rousseau Essay Example | Topics and Well Written Essays - 750 words

Jean-Jacques Rousseau - Essay Example Natural inequality involves differences between one man's strength or intelligence and that of another - it is a product of nature. Rousseau is not concerned with this type of inequality and wishes to investigate moral inequality. He argues this inequality is endemic to a civil society and relates and causes differences in power and wealth. This type of inequality is established by convention. Rousseau appears to take a cynical view of civil society, and refers to times before the current state of civil society, when man was closer to his natural state, as happier times for man. To Rousseau, civil society is a trick perpetrated by the powerful on the weak in order to maintain their power or wealth. But this is Rousseau's end product. He begins his discussion with an analysis of a natural man who has not yet acquired language or abstract thought. Rousseau's natural man possesses a few qualities that allow him to distinguish himself from the animals over a long period of time. Of extreme importance is man's ability to choose, what Rousseau refers to as the "free-agency" that differentiates him from other animals. Man's ability to refuse instinct pushes him along the path out of his natural state. In addition, Rousseau argues that "another principle which has escaped Hobbes" is man's compassion. This quality of man also motivates him to interact. And finally, man possesses the quality of "perfectibility" which allows him to improve his surroundings. Man's contact with other men leads him to develop "amour propre" which is in a sense a "moral me" that creates concern for how others perceive him. Amour proper has four consequences: (1) competition, (2) self-comparison with others, (3) hatred, and (4) urge for power. These all lead to Rousseau's cynical civil society. But amour proper already suggests a significant step out of th e state of nature (http://www.radicalacademy.com). Perhaps Rousseau's most important work is The Social Contract, which outlines the basis for a legitimate political order. Published in 1762 it became one of the most influential works of abstract political thought in the Western tradition. Building on his earlier work, such as the Discourse on Inequality, Rousseau claimed that the state of nature eventually degenerates into a brutish condition without law or morality, at which point the human race must adopt institutions of law or perish. In the degenerate phase of the state of nature, man is prone to be in frequent competition with his fellow men while at the same time becoming increasingly dependent on them. This double pressure threatens both his survival and his freedom. According to Rousseau, by joining together through the social contract and abandoning their claims of natural right, individuals can both preserve themselves and remain free. This is because submission to the authority of the general will of the people as a whole guarantees individuals against being subordinated to the wills of others and also ensures that they obey themselves because they are, collectively, the authors of the law. In the words of Jean-Jacques Rousseau, the general will is different from the will of all; the general will considered the common interest, while the will of all considered the private interest, a sum of

Sunday, August 25, 2019

Personal study skills Assignment Example | Topics and Well Written Essays - 1000 words

Personal study skills - Assignment Example The many teaching opportunities have given me a chance to manage my time effectively. The main challenges I encountered in the pursuit of my targets include lack of adequate time to carry out my activities. In other instances, stress arising from family matters made it impossible for me to manage my many activities. Due to my intolerance towards others, I found that most people neglected me and I spend most of the times alone (Cobb, 2002). I have not been able to achieve some of my set targets, for example, my learning skills due to dyspraxia. Due to this condition, I take more time to understand some things since for me to understand I need to be given a more detailed explanation which may take longer period of time. In terms of keeping fit, I have not been able to manage my weight due to my inability to maintain a healthy lifestyle (Bligham and Drew, 2010). Additionally, my trip to New York has been affected by my parents desire to buy a second home in London. Having not saved enough money to cater for my trip, I have to push it up to 2016. By 2016, I intend to have saved around $2,000 for the trip. In order to keep fit, I will take boxing classes 3 times a week and engage in daily home exercise as well as maintain a healthy â€Å"Dukan Diet†. To improve my learning skills, I will engage into more learning activities and devote more time into learning. In an effort to reset my targets I have tried to identify my own strengths and weaknesses and try to work on them. Additionally, to be able to reset my targets, I need to develop good time management skills (Lee-Davies and Bailey, 2007). During the semester, I have had good moments through the learning process. I have been able to gain many skills and improve my way of approaching life. I have also been able to change my attitude towards others and appreciate working with others to achieve the desired results (Lee-Davies and Bailey, 2007). I have been able to improve my time

Saturday, August 24, 2019

Retail Purchasing and Supply Chain ( about Zara ) read the case study Essay

Retail Purchasing and Supply Chain ( about Zara ) read the case study and answer the questions 1 and 2 - Essay Example The buying decision process at Zara Zara produces wears for the global consumer market; thus, the need to understand the buying process towards the fashion offers becomes a necessity in order to ensure that all programs target the needs of the consumer (Evans, et al 2004, p. 23). The garment store establishes that the emerging trends in the consumer market pose the feeling of deprivation as the female gender seeks to match with the prevailing trends in the market. For example, the company recognizes that the consumers realize that there is need to access the most current fashion on seeing other influential characters wear the item. In most cases, Zara depicts the consumer needs through fashion advertisements in the television media and analyzes that there could be relative consumer needs in the global market (Pahl and Mohring, 2008, p. 40). Therefore, Zara establishes consumer need recognition as the first approach the consumers take towards the company’s programs. Zara unders tands that consumers search for the right information concrning the emerging fashion trends. The company establishes that different sources of information may serve to deviate or enhance consumer knowledge and understanding; thus, the best initiative that the company establishes should focus on availing effective information (Evans, et al., 2004, p. 30). Zara creates an informative flow that affects efficiency in reaching the customers at the right time. The company depends on online and television advertisements to relay information to the consumers at a critical time, when the consumer seeks for the available fashions as advertised in the television shows. In response to the growing consumer anxiety to access information, Zara designs relevant fashions and distributes them throughout the chain stores while ensuring effective advertisement of the offer. This aspect tames consumer loyalty; thus, with the emergence of new fashion trends, the fashion consumer segments tend to search i nformation on Zara’s line of offer (Toru, 2007, p. 12). The clothing company researches and implements that the fashion business does not eradicate the problem of evaluation of alternatives as consumers seek to access the best offers out of the emerging trends (Rosenbloom, 2009, p. 70). Information linkages are turning the world into a global market place, and thus the consumer gains access to an effective criterion of assessing the value preposition of a trend over another. Zara establishes the aspect that the global consumer may vary its products with those of the H&M and other close competitors. However, this fails to yield consequential pressure over the company based on the delivery criteria (Evans, et al., 2004, p. 34). Although this is not a dependant aspect in marketing, Zara improves it through ensuring quality and progressive innovation, which controls all perceptions of the global consumer to assume that Zara offers the desired products duly and to the anticipated status. Consumers seem to establish different buying decisions with effect to their distinct perceptions towards products. The fashion market depicts convergence in the buying decisions as outweighing the differences. For example, the Zara company outlets tend to offer standardized products in the different countries they operate

Friday, August 23, 2019

Report Critique Assignment Example | Topics and Well Written Essays - 1000 words

Report Critique - Assignment Example The Turnaround group of analysts considered the six best performing companies in the industry, which is indeed a reasonable number to regard in compiling the report. This piece of writing analyses the way out given by the explanation compiled by the team. The Turnaround research team’s idea of rating Lions Gate Entertainment’s company as the low performing firm is dreadfully precise considering the corporation’s portfolio diversification, leverage level, profitability and market allocation. Nevertheless, the firm performs highly in video production compared to other competitors. The Turnaround team therefore considered the overall industry performance, which is exceptionally plausible. The first six companies in the Motion Picture and Video production industry occupy the market focus. The top six companies comprises of 91.2% market absorption and experiences a fierce competition amongst themselves abandoning Lion’s Gate Entertainment Company with only 4.3% of the market allocation (Davidson et al 1) . High profitability in this established companies are caused by various factors ranging from the barriers imposed by the existing firms, buyers bargaining power, medium supplier power and the economies of scale enjoyed by the firms. The financial capabilities of the top six Motion Picture and Videos production companies have enabled them to acquire highly developed technologies and burly promotional networks thus covering a wider market. The monetary competence boosts the medium supplier power by using celebrities and creative artists in their Video production thus attracting larger crowd. Investors’ self-belief is also elevated on these companies due to a first-rate standing enjoyed by the enormous companies thus encouraging investments. The need to focus on the taste and fulfillment of the population is additionally important in attracting a huge customer base as explained by the team (Davidson et al 2-3). Lions Gate Entertainme nt Corporation should embark on having a large risk tolerance portfolio, which eventually increases investors’ confidence, and widening customer base. However, the increase of portfolio does not directly raise customer base as claimed by the report. The Lions Gate Entertainment Corporation should increase its investment in production in order to increase their profit margin as explained by the team. The larger firms seem to be investing much in video production thus increasing their income. This can also apply in the Lions Gate Entertainment Corporation for higher profitability. The fact that Lions Gate Entertainment Company has lower cost of production is not adequate since the team further explains the higher debt to equity ratio, which directly affects the net profit of the firm. The shareholders do not enjoy the dividends because a larger amount of profit is used to pay the debtors. The Lions Gate Entertainment firm cannot therefore use diversification strategy properly d ue to its fiscal incapacity. Furthermore, the financial inability makes the corporation have a low cost budget, which cannot be interpreted as efficiency due to diseconomies of scale. Although, Lions Gate has expanded its portfolios, it experiences an overall net loss due to its unprofitable subsidiaries thus reducing its dividends. The team suggestion that the

Thursday, August 22, 2019

Pragmatism in Government Essay Example for Free

Pragmatism in Government Essay The character of politics makes consistency pretty close to impossible, partly because politicians are human and human nature is inconsistent, and partly because the voters dont really want consistency. As voters, we have the luxury of holding politicians to standards we would almost certainly be unable to meet if we were in their positions. And when they fail, we revile them for their hypocrisy, which is as pointless as reviling a dog for having a moist nose. Now, all of this may make Auntie sound awfully cynical. Should we have no moral standards at all for politicians? Should we throw principles by the wayside and let ome kind of shifty situational ethics fgleaf naked greed and power grabbing? Not at Just for illustration, take the issue of saving people from oppressive dictators, which is unquestionably a worthy concept, right up there with protecting children from pedophiles or saving animals from being abused and mistreated. But no matter how worthy an end is, its moral righteousness alone can never Justify evil means employed in achieving it. Its not wrong, cold, or cynical to carefully calculate the cost of achieving a noble end, its responsible, and responsibility is what we should be emanding from ourselves and the leaders we elect to represent us. Costs come in many forms. We may not always agree on the totals, or even what should be counted as cost in such an equation, but the greater the potential for harm from an action, the more stringently we should perform the analysis. If, for example, saving people from an oppressive dictator requires unpopular political decisions, economic pressure that involves some level of pain and suffering on both sides, diplomatic actions that require quids-pro-quo wed rather not give, possibly even strained relations with another party whose good will has value for us, etc. thats one calculation. If it requires military action, thats another cost accounting entirely. Military action, even for noble motives, has enormous potential for doing harm if something goes wrong, if errors are made, or the logistical or tactical situations change. And the intensity and impact of that harm is likely to be enormous as well. The consequences can be grave, long-lasting, and far-reaching, so the costs have to be calculated with extreme care and with maximum possible integrity. Those potential costs, and the likelihood of their being required, have to be factored into the equation. Lets take the other examples, protecting children from pedophiles and saving animals from abuse † each of these goals is indisputably good. What is required to achieve them, however, must be calculated, and each voter, and each elected official, will calculate differently. How effectively will any given measure reduce the risk of children being victimized? What are the costs of each measure, both short-term and long-term? . who bears those costs and n It, tor example, the measure under consideration involves restricting or denying civil rights and liberties granted under the Constitution, how do we choose whose rights will be curtailed? How much will that reduce the risk to children, and how much will it cost all of us to ensure that only those we are certain pose such a risk are denied their civil rights? I saw an amusing bumper sticker recently that said Liberals treat dogs like people, and conservatives treat people like dogs. Although I cant agree with such blanket characterizations (l have known liberals who mistreat dogs, and whose treatment of people wouldnt give dogs much to hope for, and conservatives who rescue dogs and exhibit deep compassion and care for people,) it provokes considerable thought. What are our priorities, and how do we choose to act on them? What should we expect our elected leaders to do with our priorities? First, it helps to remember that our elected officials are balancing my priorities against my neighbors priorities, not to mention the priorities of those who gave big money to their campaigns. And not only our priorities, but our beliefs about what means can and should be used to address them, will differ widely. What if the policy or legislative action that an elected leader truly believes is right also happens to address a priority of a donor who gave them a lot of money? On the other hand, what f the means of implementing that policy or action would go against the donors ideas of what is acceptable? What if those means address a priority of mine, but would require a sacrifice from my neighbor and seem a little doubtful to me? The reason so many people think of issues in black and white is that its easier. By establishing a rigid framework of right and wrong and tying everything to that framework and ignoring the complexities, they free themselves from having to do all those calculations. Its reprehensible enough in a voter, because after all, we have the ultimate responsibility for our government. But in an elected official, whose actions have immediate and far-ranging consequences, taking the black/white shortcut is deeply irresponsible. An elected leader cant be consistent and still be responsibly considering all the aspects of her actions. What she has to be, is thoughtful, cautious, and open-minded† willing to admit mistakes and work to correct them, but less likely to make them because she considers each action thoroughly. And we as voters need to stop reflexively chastising those we elect for inconsistency or hypocrisy, and start holding them accountable for how carefully and completely hey calculate the costs of their decisions, and their willingness to abide by those decisions. Thanks for bringing up such an interesting question, Jeniece, and for putting it to Auntie Pinko! It seems that the question is based on a false dichotomy. Ideology and pragmatism arent an either-or, its a case of apples and oranges. The liberal call tor a pragmatic response to Iraq is not necessarily a choice between idealism and the ends Justify the means, while Clintons support of NAFTA was both pragmatic AND ideological, no matter how misguided (Clinton is a neoliberal after all). The response seems to confuse ideology and values. Ideology is political theory, the basis of policy and, when misguided the lense through which problems and opportunities are viewed. Pragmatism (in the sense used in both the question and the response) is tantamount to realpolitik, which is the practice of politics without moral or ethical values. I myself have an issue with the American political system because it IS largely bereft of ideology outside the leitmotif of neoliberal economics and neoconservative foreign policy. The GOP and the DLC indeed propound the above ideologies and to a great extent base their world-view through ideologically-tinted glasses, but it is a alse ideology in more ways than one. What is worse is that neither group actually articulate their ideology in political discourse with the electorate it is hidden through rhetorical flourish and spin. Neoliberalism is a false ideology because it was created ex post facto in order to justify a pre-existing condition (laissez faire capitalism, free marketism, greed, abuse, etc. ). It was created in Mt. Pellegrin on the basis of the Austrian School of economic theory and it is wholly divorced from democratic principles (the common weal, etc). Neoconservatism is philosophically based on a serially mendacious ndividual (Leo Strauss) that Justifies manipulation and lies. Nevertheless, America NEEDS ideologies because, for too long our political discourse has been driven by relatively unimportant, short-term and specific issues such as abortion, gun control, immigration, and the like. Neither party has expressed a long- term goal and of course strategies to achieve said goals while both parties have gone their merry way maintaining a situation of corporate corruption and the tyranny of special interests. This makes American political discourse something of a bad Joke and party affilliation little different from being a fan of a sports team. cepting, of course, those earthshaking issues such as Terry Schiavos cerebral cortex. Politicis in a democracy is indeed the balancing and negotiation between sides, groups and individuals. The responses confusion between values and ideology clouds the issue in a democracy with ideologically-driven parties (that articulate said ideologies) the compromises take on a different meaning and scope. The absence of ideo logy turns our body politic into a trade show and keeps the electorate from fighting for a better future. Hear, Hear, from the OTHER District of Columbia, Washington State. The Columbia River restricts access, Just like the security forces in D. C. ) Here our politics has shitted over the years as well, even though, tortunately, we are rather progressive. Pragmatism is an important factor in the decisions politicians make, and sometimes utopians lose sight of the dangers and difficulties in making things turn out right. Even so, I agree with the utopians regarding their goals and commitment. The main questions involve what to do about the fact that not everybody agrees, at least in the short term, on the issues. I urge utopians to maintain their goodwill, while nderstanding reality as much as possible. Fighting for justice and a well-adjusted society requires patience and effort, which can often cause people to quit working for a better future. I urge steadfastness to principle here. Idealism is good, as long as you realize that not everybody is idealistic. Progress in human affairs is difficult and somewhat uncertain. But we do have evidence of its existence. Lets stick to our beliefs, through thick and thin. Remember to use your head to help your heartfelt beliefs come to realization, because finding the answers to problems takes thinking and effort.

Wednesday, August 21, 2019

Factors affecting the resistance of a wire Essay Example for Free

Factors affecting the resistance of a wire Essay Theory: When an object is lifted up, work is done. Once the object is in the raised position, it has gravitational potential energy. The energy it is has is the same as the work done to get there. When the ball is lifted to the height it will be dropped from it will, therefore, gain gravitational potential energy. This means that when my ball is in the raised position it will have gravitational potential energy. The equation for this is: Potential energy = Mass x gravity x height When the ball is dropped this is converted into K. The equation for this is: Kinetic Energy = 1/2 x mass x velocity2. However, the energy transfer is not perfect. Some of the energy will be wasted as non-useful energy, mainly heat and sound. This means that when the ball bounces upwards again, it will not have as much energy as when it was dropped and will therefore not bounce up to the same height. Because some of the energy is wasted as heat and sound. The amount of kinetic energy at the end is always less than the amount of potential energy you had to start with. This means that the ball will not bounce up as high, and therefore not have as much potential energy as it started with. Prediction: In this investigation I will investigate the percentage energy loss when a ball bounces. The variables that could affect the amount of energy lost are:   The height the ball is dropped from. The type of ball used   The size of the ball The temperature of the ball.   The type of surface the ball is dropped on. The height the ball is dropped from will affect the energy lost because the higher the ball is dropped from the more force it will it the surface with, and therefore the more power it will lose through sound, vibrations, and heat. The type of ball I use will effect my results, because some balls will have more elasticity than others, causing them to bounce higher. Also, balls will have different levels of pressure inside them. The higher pressure is the higher the speed of the molecules. When the molecules go at a higher speed they will have more kinetic energy, so the molecules will hit the walls with a greater frequency and force, and so the pressure on the walls will increase. This will make the ball bounce higher because it will hold more energy. The size of the balls will effect my results because Force=Pressure x Area so a change in area would also cause a change in force. The temperature of the ball will effect my results because if there is a higher temperature then the molecules will move at a greater speed and the ball will have more energy causing it to bounce higher. The surface I drop my ball onto will effect the amount of energy lost because some surfaces, like softer surface, will absorb more energy and cause the ball not to bounce up as high. To ensure a fair test I will choose one variable to change, and keep the others constant throughout the investigation. There are other variables that could effect the outcome of my investigation, for example gravity. However, gravity is always constant on the earth, and is a force of about 9. 8 m/s2. This would be too hard for me to change in a classroom situation. I will also not exert any force on the ball other than those already acting on it, because it would be to hard to keep the force constant, and would mean the test was not fair. For this investigation I will only change the height the ball is dropped from. I have chosen to use the height because, although all the variables are hard to accurately measure, height is easier than the others. Height is also a constant variable (unlike, type of ball or type of surface dropped on), which will help me when recording my results. Using a variable that I can measure fairly accurately will help ensure a fair test. By investigating the percentage of energy lost when I drop the balls from different heights, I will be able to see if there is a relationship between bounce height and drop height. This is also the relationship between potential energy and kinetic energy. Because some of the energy will be transferred into non-useful energy, mainly heat and sound, I do no think the ball will bounce up to the same height as it is dropped from. I think that the percentage of energy lost will remain approximately the same no matter what height I drop the ball from. This is because the amount of energy lost to non-useful energy such as heat and sound is proportional to the gravitational potential energy the ball has to start with. Method: I will drop my balls from various heights up to a meter. (The Heights I will use will be: 40cm, 60cm, 80cm and 100cm) I will then record how high they bounce up on the next bounce. I will do each experiment 3 times and take an average to ensure I have accurate results. I will time all my experiments using a stopwatch. I learnt in my preliminary work, that if I drop a ball from lower than 40cm it is very hard to measure the bounce height. This is why I have left out the bottom height which would have been 20cm. I will try and drop the balls straight downwards because this will make it easier when I measure the height they bounce up to, as I wont have to move the ruler too much. This will also ensure a fair test, as my results will be more accurate if I am not moving the meter rule, as moving it could mean it is not entirely straight and would cause me to take an inaccurate measurement. I will not exert any force on the balls as I drop then, because it would be virtually impossible to keep the force constant, and would therefore make my results unreliable. I will calculate how much energy my balls have using the equation PE = mgh, this will be PE1. I will then drop my ball and record the height it bounces up to. I will then record its potential energy, again using the formula PE = mgh, this will be PE2. I will then find the percentage of energy they have lost using the formula.

Tuesday, August 20, 2019

Wireless Devices and Applications

Wireless Devices and Applications There are different uses of remote gadgets inside a business association. The applications, for example, M-Business and field benefit administration. The advances that are utilized by remote gadgets: Email, SMS, WAP, Wi-Fi, PDAs, Cell phone, GPS and WLAN. Remote telemedicine in which pictures of conclusion and therapeutic treatment is sent utilizing remote system inside an association is one of the WDA application. There are substantial quantities of uses in which remote gadgets are utilized inside associations, for example, document sharing, texting to staff individuals and errand planning. There are countless that are putting forth different remote applications and gadget. The different famous WDA suppliers, for example, Sprint, Verizon and ATT. Contending in the market drives them to give best administrations keeping in mind the end goal to build their profitability and incomes. The point of these merchants is to furnish better remote arrangements with greater security strategies and expanded data transmission and execution. These WDA suppliers have alternatives for moving up to their administrations, according to the client needs and market patterns. These remote suppliers goes for giving best quality administrations more components as changing business sector pattern and client necessities. These associations have adaptable plans of action which give the capacity to assemble and execute such plans that requires change according to the necessities of clients. The plans of action B2B and B2C utilized by Verizon is a standout amongst the most adaptable model in which number of modules and techniques can be added by organizations necessity which extemporizes organizations profitability by executing such models. With the developing innovation techniques the execution and administrations by WDA gadgets must be at the pinnacle so that more clients will be pulled in. Better data transfer capacity, checking frameworks and giving administrations at lower cost is a portion of the regions in which an association r ivals another. Verizon has its reliable model which has a few elements, for example, speed, connectionless, adaptability and security. Verizon has presented another model for performing distributed computing administrations for giving successful business answers for its clients. Verizon concentrates on giving more business-focused way to deal with giving cloud administrations and advancement of such framework which can meet the necessities of clients. This current Verizons cloud hosts a few elements for coordinating third get-together applications and giving information relocation offices better workload functionalities. This present Verizons cloud display goes for giving greater security to the cloud information and applications with availability to open cloud administrations. It has a few elements and apparatuses that assistance in sending of cloud applications and support operations. Sprint additionally has an adaptable plan of action in which changes should be possible as per prerequisites, for example, the new System Vision design has been presented for giving vitality proficient arrangements. The developing innovation gives the more number of business openings by setting their business inclines by giving amazing finished results with fantastic consumer loyalty. The aggressiveness of a business association relies on upon its administrations offered, for example, speed, transmission capacity, flag scope, cost, unwavering quality and execution. These different WDA gives goes for expanding efficiency, better remote arrangements and incomes. Remote suppliers have reliable models for giving superb administrations to its customers with overhaul choices to its gadgets and advancements. A plan of action that must be produced by these specialist co-ops in, for example, a way that it can be altered by changing needs and innovation patterns. On the premise of different correlations made above it has been inferred that among these three remote sellers Verizon it at the top in furnishing fantastic items with most extreme consumer loyalty. Verizon has the biggest number of endorsers eve rywhere throughout the world as in contrast with AT and T and Sprint. As a result of its remarkable plan of action and approached it turned out to be an effective and adaptable model for giving remote administrations over the globe. References Baumer. (2004). Legal Environment of Business In the Information Age. [Bookshelf Online]. Retrieved from https://online.vitalsource.com/#/books/0697804534/ Funk, J. L. (12/2003). Mobile Disruption: The Technologies and Applications Driving the Mobile Internet, 1st Edition. [Bookshelf Online]. Retrieved from https://online.vitalsource.com/#/books/9781118118207/ Wireless, V. (2008). BUSINESS STRATEGY. Retrieved from http://team6verizon.blogspot.in/2008/07/business-strategy.html.

Revenge in Hamlet and The Revengers Tragedy Essay -- Elizabethan Reve

  Ã‚  Ã‚   In this study of revenge and revengers in two Elizabethan revenge tragedies the two plays I shall look at are Hamlet, by William Shakespeare, and The Revenger's Tragedy, by Thomas Middleton. I shall look first at the playwrights' handling of the characters of the revengers, and then at the treatment of the revengers by other characters in the plays. Although having similarities in their underlying themes, and in their adherence to conventions, these two plays present contrasting pictures of the figure of the revenger; Hamlet offering a far more complex treatment of its main character, and The Revenger's Tragedy appearing, in comparison, limited by the author's social message, and lacking in realistic characterisation. Hamlet and Vindice, the two revengers, have in common their tasks as revengers, but they have very different methods of dealing with situations, modes of thought, and instinctual behaviour. Middleton's Vindice is largely an allegorical character; his name and the names of other characters in The Revenger's Tragedy (e.g. Spurio, Ambitioso) are derived from Medieval morality plays; names which suggest the quality of near-farcical exaggeration which is a feature of The Revenger's Tragedy from the opening scene's remarkable similarity to a procession of the Seven Deadly Sins, to Vindice's simplistic association of lust with Judas and the Devil. Hamlet, in contrast, is an individual with depth, who suffers from insecurity, and a sense of absurdity. As we see him at the beginning of the play he is suffering from melancholy, not only from the death of his father, but also from "the moral shock of the sudden ghostly disclosure of his mother's true nature" (Bradley). Hamlet is psychologically real, and in my view... ...tentions in the face of a whimsical providence. Works Cited Bradley, A. C., John Russell. Brown, and A. C. Bradley. A.C. Bradley on Shakespeare's Tragedies: A Concise Edition and Reassessment. Basingstoke: Palgrave Macmillan, 2007. Print. Garber, Marjorie B. Profiling Shakespeare. New York: Routledge, 2008. Print. Nietzsche, Friedrich Wilhelm, and Ian Johnston. On the Use and Abuse of History for Life. Arlington, VA: Richer Resources Publications, 2010. Print. Erlich, Avi. Hamlet's Absent Father. Princeton, NJ: Princeton UP, 1977. Print. Middleton, Thomas. â€Å"The Revenger’s Tragedy.† 1607. Five Revenge Tragedies. Ed. Emma Smith. London: Penguin Classics, 2012. Print. Shakespeare, William. Hamlet. New York: Bedford Books of St. Martin's Press, 1994. Wilson, J. Dover "What Happens in Hamlet" New York: Cambridge University Press, 1959 Revenge in Hamlet and The Revenger's Tragedy Essay -- Elizabethan Reve   Ã‚  Ã‚   In this study of revenge and revengers in two Elizabethan revenge tragedies the two plays I shall look at are Hamlet, by William Shakespeare, and The Revenger's Tragedy, by Thomas Middleton. I shall look first at the playwrights' handling of the characters of the revengers, and then at the treatment of the revengers by other characters in the plays. Although having similarities in their underlying themes, and in their adherence to conventions, these two plays present contrasting pictures of the figure of the revenger; Hamlet offering a far more complex treatment of its main character, and The Revenger's Tragedy appearing, in comparison, limited by the author's social message, and lacking in realistic characterisation. Hamlet and Vindice, the two revengers, have in common their tasks as revengers, but they have very different methods of dealing with situations, modes of thought, and instinctual behaviour. Middleton's Vindice is largely an allegorical character; his name and the names of other characters in The Revenger's Tragedy (e.g. Spurio, Ambitioso) are derived from Medieval morality plays; names which suggest the quality of near-farcical exaggeration which is a feature of The Revenger's Tragedy from the opening scene's remarkable similarity to a procession of the Seven Deadly Sins, to Vindice's simplistic association of lust with Judas and the Devil. Hamlet, in contrast, is an individual with depth, who suffers from insecurity, and a sense of absurdity. As we see him at the beginning of the play he is suffering from melancholy, not only from the death of his father, but also from "the moral shock of the sudden ghostly disclosure of his mother's true nature" (Bradley). Hamlet is psychologically real, and in my view... ...tentions in the face of a whimsical providence. Works Cited Bradley, A. C., John Russell. Brown, and A. C. Bradley. A.C. Bradley on Shakespeare's Tragedies: A Concise Edition and Reassessment. Basingstoke: Palgrave Macmillan, 2007. Print. Garber, Marjorie B. Profiling Shakespeare. New York: Routledge, 2008. Print. Nietzsche, Friedrich Wilhelm, and Ian Johnston. On the Use and Abuse of History for Life. Arlington, VA: Richer Resources Publications, 2010. Print. Erlich, Avi. Hamlet's Absent Father. Princeton, NJ: Princeton UP, 1977. Print. Middleton, Thomas. â€Å"The Revenger’s Tragedy.† 1607. Five Revenge Tragedies. Ed. Emma Smith. London: Penguin Classics, 2012. Print. Shakespeare, William. Hamlet. New York: Bedford Books of St. Martin's Press, 1994. Wilson, J. Dover "What Happens in Hamlet" New York: Cambridge University Press, 1959

Monday, August 19, 2019

Homeless Children In America Essay -- essays research papers fc

Homeless Children in America   Ã‚  Ã‚  Ã‚  Ã‚  To be homeless is to not have a home or a permanent place of residence. Nationwide, there is estimated to be 3.5 million people that are homeless, and roughly 1.35 million of them are children. It is shown that homeless rates, which are the number of sheltered beds in a city divided by the cities population, have tripled since the 1980’s (National Coalition for Homeless, 2014). Worldwide, it is estimated that 100 million children live and work on the streets. Homeless children are more at risk than anyone else, and are among the fastest growing age groups of homelessness. Single women with children represent the fastest growing group of homeless, accounting for about 40% of the people that are becoming homeless today.   Ã‚  Ã‚  Ã‚  Ã‚  Children that are homeless can become this way for a variety of reasons. Youth can be on their own, with no permanent residence or even usual place to sleep. They could have also been separated from their own homeless parents and placed in foster care or living with some of their relatives. A child could be part of a family that becomes homeless, or even belong to a single parent. The decline in low cost housing, which has been declining over the last 20 years, could be to blame for the amount of people on the streets. With the explosion of growth in the suburbs, these cities have created local governments that make it easy to keep low income housing out of their communities. Ideas such as redlining and predatory lending can lead to low income families not receiving the needed loans to move into housing, which can force them into the streets.   Ã‚  Ã‚  Ã‚  Ã‚  The programs to help the poor and homeless are few and far between. There are five general programs that assist those who are not able to provide for certain things, such as food, shelter and care for the children. These programs are Aid to Families with Dependent Children (AFDC), the Food Stamps programs, Supplemental Security Income (SSI), Unemployment Compensation, and General Assistance. These programs are generally harder to get into than what most people think. People must meet strict requirements to be able to receive money from the federal government. For example, a household qualifies for the expedited service of the Food Stamp program, a family must have less than $150 in gross monthly income, be a migrant or seasonal farm worker with resources o... .... People refuse to get jobs once they are on welfare, which hurts their chances even more of saving up money to be able to buy or rent housing, which could force them eventually out onto the streets. Affordable housing is another issue that needs to be addressed quickly to alleviate the problem of homelessness. Low income housing is generally associated with crime and other undesirable characteristics, which force other communities to shun these types of housing proposals. I agree with the concept that the CWS is now implementing into their system, by not removing a child from their own household unless absolutely deemed necessary. By giving the child a chance to live in their own house and not be placed into foster care so quickly gives the child a future that would otherwise not be so great. Bibliography Baumohl, J. Homelessness in America. (1996). Phoenix, AZ: The Oryx Press. Kryder-Coe, J., Salamon, L.M. & Molnar, J.M. (1991). Homeless Children and Youth. New Brunswick, NJ: The Transaction Publishers. National Coalition for Homeless. (2014). How Many People Experience Homelessness? Web 10 April 10, 2015 http://www.nationalhomeless.org/numbers.html.   Ã‚  Ã‚  Ã‚  Ã‚  

Sunday, August 18, 2019

Lord Of The Flies :: essays research papers

Lord of the Flies   Ã‚  Ã‚  Ã‚  Ã‚  I The Characters...   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ralph - Ralph is one of the older kids stranded on the island, one with a natural leadership quality about him. He is one of the stronger, if not the strongest of the boys; 12 year old with common sense to help him get along on his own; unfortunately, common sense doesn’t fly too well with small children. Ralph is stuck between what is considered fun, and what needs to get done in order to have peace on the island. Not a position many would like to be in, but as he was chosen leader, he has the respect of most of the kids on the island.   Ã‚  Ã‚  Ã‚  Ã‚  Piggy - Piggy is an eager, chubby kid, who likes to poke his nose where it doesn’t belong. Piggy is the only one on the island that wears glasses to aid his vision, and seems to be a character easily disliked because of his babyish personality. Although he is one of the most rational and logical thinkers, his ideas are seldom heeded, mainly because of his persistent whining. Piggy has asthma, and this makes it difficult for him to work. Ralph, being the first to meet Piggy, became his guardian, and protector from the other children’s cruelty on the island.   Ã‚  Ã‚  Ã‚  Ã‚  Jack - Jack Merridew is a singer, head of the choir, and has an intimidating appearance and way of talk. Jack is jealous, and when Ralph is elected Chief, Jack forms a bit of hatred in his heart, not revealing it even unto himself until time passes. He is head hunter, and likes fun more than work, and eventually wins the favor of the children, claiming Ralph as a coward, and a person who just dreams about being rescued. II The Conflict...   Ã‚  Ã‚  Ã‚  Ã‚  The main conflict in Lord of the Flies is that a fairly large group of boys have been stranded on an island in the Pacific with no adults around to lead and guide them. They do set up a leadership consisting of a chief, and then workers who carry out the chiefs orders. This works great for about a week, but soon the children tire of the work, and do not realize the long term consequences involved with not having necessities like shelter and a signal fire, and before long, fun rebels against common sense, turning the island into chaos. Eventually there is a war, the hunters against the worker/dreamers.

Saturday, August 17, 2019

Job roles at Tescos Essay

A Director is also sometimes known as chief executive officer. CEO are the main â€Å"bosses† of PLC’s-Public limited Companies- The title reflects his or her role as both a member of the Board of Directors but also as the senior manager. In large Companies, including investment banks and other financial institutions, â€Å"Director/Managing Director† does not refer to the chief executive but can rather refer to the head of a major business unit. Even though it is known as CEO in some cases, companies prefer the term Director or Managing Director. The responsibility and the role of a CEO is to make sure the company is functioning properly financially. They are the main people who give instructions to employee’s lower status to them. The Directors are the face of the business. They have a huge responsibility as if the company becomes corrupt or bankrupt this will be due to the director not making correct choices. A Managing Director usually has job security because the board rely on them to keep the company running correctly, if the board decides to fire the director it would be really difficult to find a replacement quickly, therefore it would cost the company quite a lot of money. Because of this usually the job of a CEO is secured. Typical day to day jobs of a Managing Director range from making strategic planning to dealing with customers. Skills, qualifications and personal qualities needed to be a Managing director range from University level degree to peer to peer skills in order for them to communicate accordingly with customers. Managing director are highly appreciated for their work, therefore are paid quite large amounts of salaries, these salary begin from à ¯Ã‚ ¿Ã‚ ½65,000 and can lead up to à ¯Ã‚ ¿Ã‚ ½500,000. The benefit of a CEO is that they get paid bonuses in the end if they are PLC Company. These bonuses range from 50%+ of the original salary. The CEO/Managing Director of Tesco’s is Terry Leahy. The role and day to day jobs of Terry include making final decisions on things like if Tesco’s wants to create more branches or close down branches. Mr Leahy might also be involved into making decisions such as if Tesco as a whole want a redecoration or they want a new logo. Again Terry Leahy is the face Tesco; he reflects the popularity of Tesco. Operative: Tesco’s operative’s key responsibilities are to offer customer service for their customers. For example, if they are a cashier they will offer customer service when the customers buy products from the till, where as if the they are a shelf stacker they may help customers who are looking for a specific product or give them advice about particular products they might be interested in. A Tesco operative isn’t considered usually as a secure job. The reason being, to be an operative you don’t require a lot of skills, because of this it means that a large amount of people fit this criteria, therefore Tesco’s wouldn’t hesitate to quickly fire the operative as they would have a handful of people to select the new operative from. Tesco also likes to employ their operatives on temporary contracts. This means that by law it is easy for Tesco to get rid of the employee. The only way a Tesco’s operative could get a little bit of security would be if they sign a permanent contract. This means that it would be legally much harder for the company-Tesco- to fire the operative. Usually an operative wouldn’t be offered a permanent contract without previously completing a temporary contract. The basic skills that a operative will need is ranged from good communication skills, and to have basic English and maths skills, also on top of these educational skill they will also need a common sense and a sense of humour. They will need to be organised and well presented. No degree is usually needed to qualify as an operative, but obviously a GCSE will be taken as a good factor. The wages of an operative usually ranges from minimum to around à ¯Ã‚ ¿Ã‚ ½7 an hour. Operatives are rarely paid their salaries in a yearly basis. Benefits which affect a Tesco’s operative would be things like a certain amount discount on the companies products, the operative would also be entitled to around about 4-5 weeks paid holiday per year. Manager: The managers, of a branch of Tesco’s have important responsibilities. These range from ensuring that their operatives and supervisors are working to their full potential and that the department or the store is meeting their day to day targets. For example an overall Tesco store manager will have much more responsibilities than for example a meat department manager. The tasks of a Tesco’s store manager would range from ensuring if for example the meat department has enough supplies for the week, or if bakery departments needs more flour to bake bread, the manager might need to arrange the sources. The managers at Tesco’s usually have a stable and secure job. This is explained because to apply for a position like a manager, you will need either have a lot of experience working for Tesco, or another supermarket, or will need to have degrees at a higher level of education. Usually managers of Tesco’s have worked their way up from starting at a lower place like an Operative, and through years of experience they reach the managers position. However reaching a managers position this way is very difficult as it takes a lot of patience and hard work. The other way of getting a job as a manager of Tesco’s, might be to get a business masters degree, although again, this takes a few years of studying in university, and there is only a small range of people who have these type of qualifications in the labour market. The role of the manager of Tesco’s is very different to the job role of an operative. The job of a manager requires a large range of skill; as they will have many decisions to make and problems to conquer. The store manager of a certain branch of Tesco’s might need to make decisions from such as if they need to fire a certain employee at that branch to decide whether or not to change the layout of the Tesco. Another serious problem a manager will be facing would be deciding how to react with the complaints of the stores customers. As you can see the manager has a large amount of responsibility when it comes to decision making, this is why either experience or qualifications is a must, so the person makes the correct decision. The skills which a manager of a supermarket will need will range from good communications skills-in orders to deal upfront with customer’s complaints- to being a proven leader, a motivator in order to lead his or her employees to complete the aims of Tesco the fastest and most efficient way. They need to be able to do independent work, to be organised, committed and hardworking. A sense of humour is also a skill which they need; this comes in handy with the communication with the customers, and is a big asset in solving day to day problems, such as complaints. As a standard procedure, benefits come with the job of being a manager. These benefits are much better than the benefits of a standard operative. Managers are paid in a annual salary-per annum. The amount will vary on the size of the store of Tesco, for example if it’s a Tesco express not a standard big Tesco and the amount of qualifications the individual has. The amount ranges from à ¯Ã‚ ¿Ã‚ ½20,000-à ¯Ã‚ ¿Ã‚ ½35,000. The contract of a manager may state that they are contracted to work 40 hours per week, and this is all they will be paid for, however they may find themselves working longer hours then problems might occur. The benefits of a manager include larger discounts on Tesco’s products compare to operatives, and unlike the 4-5 weeks of paid holiday for operative, the managers will get 5-6 weeks of paid holidays per year. C-Grade A contract of employment is a contract binding under the law of United Kingdom, between the employee and the employer-Tesco’s- stating the terms and conditions of the employment. Explanation of sales operatives contract of employment Salary: A sales assistant is paid just above minimum wage, at à ¯Ã‚ ¿Ã‚ ½6.50 per hours. A salary is a form of a periodic payment from an employer to an employee, which is specified in the contract of employment, while the wage is a payment for a certain unit of labour for a certain unit of time. The reason for such a small wage for a sales assistant is because this doesn’t require a lot of experience and qualifications, in fact if you can count its enough to be a sales assistant. Date paid: A sales assistant salary day is usually paid monthly, and during the end of the month and is important because this is the day they receive payment for the service which they have provided. Hours of Work: Sales assistant work for around 40 hours a week, over a 5 day period which Name of the contracted parties: This is where the employer and the employee are named with there addresses Starting date of the employee: This is the date of which the employee has begun working at Tesco’s. Job title and description: This is one of the most important sections in the contract, due to the fact that this is the bit where it is fully described on what the employee has to do, and what fits into their jobs guidelines. Address of workplace: This is the section where it clearly states the address of the place the employee will be working every day, and where they should go to every morning. Holiday entitlement: This is the section where it states how much holidays an employee is allowed. Usually for a sales operative on average its 4 weeks (20 days) of paid holiday per year. And every year after the first year an amount of 1 day is added to the paid holidays. Sickness entitlement: Contractual sick pay: the employee will receive their normal salary for a period of 4 weeks, in any 12 month period where a doctor’s certificate is produced after 7 consecutive days of sickness. Payments will be less statutory sick pay and any social security’s benefit due to the employee. So the sales operative would only be allowed to take 7 sick days off without a doctor’s note. Devoting full time to the company: This shows that the sales operative will need to devote their full attention to their job when they are at work. They are not allowed to spend any time phoning friends, or furthering other business interest at a time which Tesco is paying them. Reimburse of expenses: If a Tesco’s employee like the sales operative spends any money on the business of Tesco’s, then they need to keep the receipts so Tesco’s reimburse the amount in which the employee has spent. Disability: If a Tesco’s employee is injured at the workplace, Tesco’s are legally obliged to pay for their medical costs. Notice Periods: Time In Employment Minimum Notice Under 1 Month No Notice Over 1 Month 1 Week 2 Years Service 2 Weeks 3 to 12 years service One week for each year to a maximum of 12 weeks. Death Benefits: If one of the Tesco’s employees dies, then Tesco’s are legally obliged to compensate the family of the employee who just died. Oral Moderation not binding: This means that anything that are orally changed that might be made to the contract are not binding under the law of the United Kingdom. And if both the employee and the employer wish to have this a legal matter, they will need to write it down, agreed , and then Tesco’s and the employee have to both sign it Both the employee and the employer have to sign the contract otherwise, it is not a legally binding contract and can not be used in the court of law, if in any case needed.

Friday, August 16, 2019

Yakka Tech Pty Ltd

This case tells us about the Information technology service firm (Yakka Tech Pty. Ltd. ) This firm provides I. T services throughout Australia and New Zealand. Basically, this firm install and upgrades enterprise software systems and related hardware on the client’s sites. To provide all these services it employees 1500 people. It has customer service division that consist of four customer contact centres serving clients within each region. Each customer service centre consists of half- dozen departments representing functional specialisations and a single department consist of more than two dozen employees. Over last five years time period Yakka tech’s customer service business has nearly doubled. But this growth not only brought positive aspects to the company, rather brought various negative consequences such as, increased customer complaints regarding poor customer services, in-enthusiastic response from the employees, conflict between employees of various departments, increased number of employee’s resignation. This not only increased the labour costs but it also showed direct impact in terms of productivity of the employees. Due to these negative consequences Yakka tech decided to increase the pay rate and keep the employees. Moreover, they also offered a share of profit with employees if they work more than two years for the company. This reduced the resignation of the employees, whatsoever, customers complaints did not end. Q1) What Symptom (s) in this case suggests that something has gone wrong? It is a fact that something went wrong, due to which this I. T service provider was unable to live up through customer’s expectation. As the business grows, it is likely that the work pressure will be more. Proper management is required to make work pressure less. Moreover, a proper channel of communication from the time of query has been made by the customer and ticket has been issued till the time it has been solved should flow. And rather than closing the ticket and re-issuing another ticket to same customer with same problem it would be effective to make a record of customer with same ticket number that could be used as future reference if some complaints or queries would be used by same customer again. Re-issuing of ticket again and again to same customer and different way of handeling same problem by same company would definitely make customer unsatisfied and ould cause more time. This is one of the symptoms that shows the initial mistake of Yakka tech. Similarly, Being I. T service provider, it should have had individual account of customer with their unique reference code that describes the type of system they are operation in their organisation. So that once customer give their refrence any employee with related department gets the ca se history of what had been done by previous colleague and what needs to be done further more. This would make it lot easier for the employees to understand the customer’s problem and solve query quicker. This is the second symptom that created customer dissatisfaction and longer time to tackle with some problem that created blockage in several departments that over loaded the work. Moreover, when the query had to deal with more than one department of the division it always created customer complaints. This was one of the major symptoms of customer’s dis satisfaction and yakka tech’s internal employee conflict. Since, every single employee were unaware of how the customer was dealt by previous employee, every single time each employee had to deal with each customer form the beginning. This would create frustration for the client. Due to work pressure and number of call waiting there was no proper communication between employees of different department. Yakka tech should had tried to figure out possible reasons for employee resignation. In many cases pay rate is not only the reason for employee’s resignation. On the other hand company’s first priority should be to deal with customer. Customers were not satisfied by the way they were served. Hence Yakka should have take a better step by talking with employees. Supervisor and managers to try identify what kind of problem they are going through to serve the customer. Another symptom that shows something went wrong was, due to lack of communication between management and employees of different division. Where employees felt they had to do what they were employed for. Same time they had to listen to number for frustrated customers and job was becoming monotonus. At this stage there should have been some role from management to step in have a meeting with employees make them cheer up and assure them to make some flexible way of working. Due to lack of such approach, despite the pay rate was increased the customer were still not satisfied and employees were working just for the sake of high payment. These were some of the symptoms that suggest something has gone wrong in Yakk tech Pty. Ltd. 2. What are the main causes of these symptoms? 2. 1 Customer complains regarding poor quality service. Unhappy customers are bad news for any company. Every single complaint from a client is a manifestation of dissatisfaction because of poor quality service. Customer complains should be considered as a major factor as it will serve as a feed back of the company IT systems infrastructure(managing customer complains). Yakka Tech’s customer service business has doubled over the past five years yet the management was not focused towards the existing complains process and how it should be handled. Customer complains of Yakka Tech need to be defined and clarify the company’s policies to establish procedures in order to satisfy their clients. The clients’ requirements need to be synchronized with the company’s resources is one of the important element in complaint handling. The complains should be addressed at the earliest and in a fair approach rather than having a defensive manner of dealing the problems. Developing a structured customer complaint management can prevent this problem. 2. 2 High employee turn over The number of employee resignation in YakkaTech contact centers has risen above industry average until eighteen months ago. It resulted in increase in labour cost due to recruiting and training of new technical staff and caused low productivity of new staves. There should be good relationship between employee satisfaction, employee turnover and customer satisfaction(better employees). Employee turnover will be high in a company if the work environment is not up to the standard, which is exactly what happened in YakkaTech and that resulted in negative effects between the relationship of the company and its customers. The management needs to understand the reasons for high employee turn over and need to take necessary steps to overcome it. Lower productivity of employees can be reduced if the employee turnover is lesser as new employees are the main reason for lower productivity. Some of the reasons for high employee turnover are poor management, low employee compensation and not considering employees quality of life. 2. 3 Poor customer service training. according to the result of an employee survey as well as informal comments since then many of the YakkaTech employees said that they find their job monotonous and have the filings for disconnection from the work they do. This has resulted in failure on customer service skills and behaviors which cause in increase in responsibilities performed by a customer service staff. So the training that company gives to the new employees should emphasize to gain patience when dealing with customers problems and giving real effort to solve it. YakkaTech should design the training programme to achieve the predetermined objectives goals and needs of the organization. Improved communication skills, retention of customers, problem solving capabilities focus on customer satisfaction and maximum and effective use of the resource available. 2. 4 Conflicts. There have been few complaints about the ongoing conflicts with people in other departments and the stress of serving dissatisfied customers. The reasons for conflicts in YakkaTech may be because departments have different objectives and if their members cant find common values and goals they cannot cooperate which fail to coordinate team action effectively. Changes take place constantly in an organization and these changes can generate emotions and employees can more easily adopt to change if they are well prepared, included and supported. Task interdependence may be another important conflict in the firm that is conflict between individuals or groups that are dependant on one another. Lack of proper communication between different divisions can cause conflict. The management can develop different approaches that fit employees’ personalities and responsibilities. Some of the conflict management skills that YakkaTech can adopt are, getting feedback from employees about the different operations of the department, assessing the source of the conflict and different conflict management styles. 2. 5 Lack of team motivation. YakkaTech’s executive team decided to raise pay raise for its customer service staff to become among the highest in the industry. They assumed that high rate would improve morale and reduce turn over and reducing hiring costs and improving productivity. Increased pay rates failed to improve morals but it did reduce employee turn over in the firm. It clearly shows that there is lack of motivation by the management to maintain effective team work and employee retention. Interesting work, appreciation, pay, good working conditions, and job security are important factors in helping to motivate. (http://www. bpir. com/employee-motivation/menu-id-71/implementation. html). Work and personal life of an employee should be given importance in the company.