Critical reflection on a previous assignment (will be uploaded later) Essay

Critical reflection on a previous assignment (will be uploaded later) - Essay Example The Study of Society and the Environment will not only give the students an interactive scope and experience but will also equip them with a sense of citizenship. The SOSE makes individuals capable of coping with the day to day challenges by providing them with decision making powers and broad exposures. This paper depicts critical reflection and analysis on the feedback of assignment no. 3 which was intended to explain the learning plans and intent of the SOSE. The future learning sequences are also proposed at the end in order to give a clear course of direction and brainstorming so that the clear direction can be laid out for the productive and optimal results (Dyer, 2005). Identification and Proposals of the Issues in the Previous Assignment The SOSE should be taken into the global perspective rather than be limited to just Australia and other localities, because the study of society and environment is a science of environmental and societal studies keeping in view the diverse fo rm of changing and volatile environments. As depicted in assignment number 3, the intent and course of the SOSE and are defined to be in some kind of a limited perspective and the reader perceives it to be restricted to the border of Australia. Similarly, the previous assignment

Introduction to people at work Essay Example | Topics and Well Written Essays - 1000 words

Introduction to people at work - Essay Example As such, there are factors in this aspect that focus mainly on extrinsic motivation, which is known to be related closely to intrinsic motivation. As a result, there is need to have attention paid to the environment in which I work as an employee following this close-knit relationship, in which offering the right tools for the job to be done should serve as a motivator. This is in addition to presentation of a suitable environment such as lighting and ventilation as depicted by the Maslow hierarchy of needs to eliminate the need for certain things before one can graduate to the next level of productivity (Nader, n.d, p.4). As a result, tools and physical conditions would serve as ate best means of motivation following the need for a highly productive employee. This couples further with making the employer enjoy that which he does as per Taylor’s theory of motivation and this provide perfect motivation to enjoy work (Silver, n.d). In addition, another expectation lies with lead ership and hierarchy, which studies have expressed concerns that strategic management is the best way to go when dealing with new employees and developing a company to success. As a result, the key expectation as per this depends on having positions of power and a distribution of authority throughout the organization such that there is not a single employee in the organization that cannot take responsibility. The implication of this is having a hierarchy of authority as called for amongst those that advocate strategic management, but based on more modern systems of interaction following the questionable nature of traditional strategic management and the role of these managers in the said era (Chakravarthy and Henderson, 2007, p.4). Employers that follow new tested means have more appeal that those who stick to traditional means following the image of dynamism that is depict for both employees and clients. This also serves as a motivating factor, especially in the interactions betwee n managers and employees, in which case I aspire to be a marketing manager, as there is immediate feedback and development of corporate behaviour that is unique to the business model of the organization. Reward systems are also to be looked into keenly as it is this that works to motivate employees significantly coupled with conventional motivators such as meeting all their needs at work. This serves for remuneration and compensation for other works and duties fulfilled outside the normal job description, but for the benefit of the organization. The incentives provided for such performances outside of the normal job description are part of larger scheme to improve performance of workers in the organization, and personally as an employee, I am of the opinion that having a scheme such as this boosts individual performance. In addition, it is crucial for the image of the organization in that it pushes employees to work towards the overall success of the organization and every employee wants to be part of a successful organization, and I am no exception. Other forms of rewards and of utmost importance include remuneration as it plays the role of pay for services rendered, and an attractive pay is part of the package expected from future employers

Current Economic Policy Essay Example for Free

Current Economic Policy Essay From 2006 up to the present, the economy of the United State has been performing great in general. Gross Domestic Product increased by significant rate enough to encourage the foreign investors to invest in the country. Furthermore, more jobs have been created for the labor marker creating huge improvement on the welfare of the workers, thus, increasing their income. Around more than 850,000 jobs has been created in the economy from 2006 up to the present. Energy prices, on the other hand, seem to become worse after oil prices in the international market has been increasing sharply for the past years. Because of the said increase in the prices of oil in the market, it negatively affects the non-energy goods and services since oil is one of the major components of production processes in most of the industries in the economy. Inflation also increased as a consequence of the increasing prices of the commodities in the market due to the rising oil prices. Inflation rate, since 2006, stood high enough to impose panic to the consumers and there is a possibility that the latter might just lower down their spending making. Moreover, the housing industry also made the improvement of the GDP sluggishly and this is the side effect of the massive housing spending of the market in 2005 not to mention that the disposable income of the consumers today is not that high enough as compared to 2005. Although there are certain hindrances on the improvement of GDP or economic improvement of the country, still, the economy manages to offset those costs by the benefits derived from the good market condition of the international market which in turn advance the trade balance of our country. In addition to that, increasing job opportunities makes the depletion in the consumption of the consumers to slow down since income of the workers improves as more job were created in the economy. Furthermore, labor productivity helps the private firms to reinvigorate their profitability and sales volume making the government able to charge higher taxes to be used for financing government projects for the economy. Proposed Economic Stabilization Policy One of the possible way by which the US government could further stabilize the growth of the US economy would be through lower down the tax rate that the government has been charging especially for the multinational corporations. Through cutting down the tax rate of the companies in the market, especially those multinational corporations since it could offset the rising salaries of the laborers due to the high demand for laborers in the market. It was identified that because of the high demand for laborers in the market due to the fast-faced growth of the economy for the past years, the bargaining power of the laborers for higher salaries increased imposing threats for a higher operational costs for the private firms. The improvement of the income of every household could helped the economy revitalized the housing market that is why an increase in the salaries of the laborers is badly needed in the market today. So as not to sacrifice the welfare of the private firms which also contributes largely to the sustainable growth of the economy of the past years, the only option of the government is to lower down the taxes that they are charging from these people. In short, it is the government who would shoulder the burden or the costs of improving the housing industry not to mention that there is a great possibility that disposable income of the consumer group might increase due to the increase in their salaries. For sure, the job losses on the part of the government due to the lack of fund to finance government projects after the taxes being collected to large corporation would be offset by the additional job vacancies being created by the private industry every month in the economy. This only points out that even if this kind of policy would slow down the construction of infrastructures for the public or any government services being offered in the economy is very insignificant as compared to those persons or group of person that will benefits from this kind of policy. Policy Target The said proposed policy would only cover multinational and corporation type of companies for these are the business entities that employs the majority of the worker in the market. Moreover, international branches of the said corporation will also be included in the said proposed policy. For multinational company, tax rate would depend on the level of their profitability and sales volume. Whereas, corporations or those companies that only operate on the US market would have a fixed tax rate just to account their financial capabilities and the amount of labor force that they are utilizing for their operation. Current Use of the Policy Well, so far, President George W. Bush actually advocating the importance of tax cuts in order to protect the interest of the producers or private firms in the market for they are the one who drags the economy towards progress as well as the increase in the salaries of the workers in the economy (Seib, 2007). Moreover, the issue regarding this tax rate reduction becomes more interesting to the presidential candidates and serves as part of their platforms in their campaign. The reason behind the popularity of tax cutting to most of the presidential candidate is due to the fact that this issue encompasses not only the private sector but also the consumer and labor group of which the majority are voters for the up coming election. Although politically driven, there is still a basis for the presidential candidates to propose and support such said kind of policy for the economy, and true enough, tax cutting is being viewed as one of the possible solution for the growth of the US economy to become more sustainable. But then again, after considering those benefits than can be derived from implementing this kind of policy, based also from the tax cutting model of President Bush, there is a little possibility that this would not be implemented in the near future alongside with other economic policies of the government. Potential Problems and Issues Although the consumers and the private firms will be well-off from the shouldering of the government of the costs of high oil prices in the market, still, the insufficient amount of available budget for the coming fiscal period would surely made the provision of government project become sluggish. As most of the economists know, government plays a vital role in maintaining equilibrium condition in the economy like the provision of public goods. These are goods that when provided by the private firms would only caused inefficiencies and ineffectiveness on producing such goods, thus, worsening the welfare of the consumer group. Like for instance, the provision of street lights, it is the government’s responsibility to give its citizens with street light for the security of the latter. By cutting the tax being charge to the corporation, there is a big chance of having insufficient funds for street lighting perhaps, or unfinished roads for a couple of months due to lack of funds and so on and so forth. Tax, on the field of public economics, only causes losses on the societal welfare. It only creates gain for the society if it is being used as a correctional tool to put back the economy into its equilibrium state. Like in the case of negative externality emitters in the economy, the are being charged by higher tax that the usual amount in order to force them to cut down their production or to slow down their operation on the optimal level for the society. The only point here is that, tax cutting would just make the budget deficit problem of the government to become worse assuming that the gains from the performance of the economy will not change that significantly for the next couple of fiscal periods. But since the Federal Reserve predicts that the US economy would still expand for the next period, then, tax cutting will not worsen the budget deficit of the government as what is being expected by some of the government officials.

Definition Of Demand And Supply Economics Essay

Definition Of Demand And Supply Economics Essay Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. generally resulting in  market equilibrium  where  products  demanded at a price are equaled by products supplied at that price. Demand depends on the  price  of the commodity and refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply depends not only on the price obtainable for the commodity but also on the prices of similar products and represents how much the market can offer. The quantity supplied refers to the amount of a certain good producers are willing to supply when receiving a certain price. The correlation between price and how much of a good or service is supplied to the market is known as the supply relationship. The law of demand and supply: The relationship between demand and supply underlie the forces behind the allocation of resources. In  market economy  theories, demand and supply theory will allocate resources in the most  efficient  way possible. How? By the following of demand and the law of supply. Generally, if there is a low supply and a  high demand, the price  will be high.  In contrast, the greater the supply and the lower the demand, the lower the price will be. The four basic laws of supply and demand are: If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price. If demand decreases and supply remains unchanged, a surplus occurs, leading to a lower equilibrium price. If demand remains unchanged and supply increases, a surplus occurs, leading to a lower equilibrium price. If demand remains unchanged and supply decreases, a shortage occurs, leading to a higher equilibrium price. The Law of Demand   The law of demand states that, if all other factors remain equal, the higher the price of a good, the less people will demand that good. In other words, the higher the price, the lower the quantity demanded. The amount of a good that buyers purchase at a higher price is less because as the price of a good goes up, so does the opportunity cost of buying that good. As a result, people will naturally avoid buying a product that will force them to forgo the consumption of something else they value more. The brief meaning is when the price of a product is increased then less will be demanded. Also is the same for the opposite, when the price of a product is decreased then more will be demanded. The Law of Supply   Like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied. Producers supply more at a higher price because selling a higher quantity at a higher price increases revenue. The brief meaning is If  demand  is  held  constant, an  increase  in  supply  leads  to a decreased  price, while a  decrease  in supply leads to an increased price. Factors affecting demand and supply: Price: when the price goes up, demand goes down and vice versa. Changes in consumers Income spent on goods and services Changes in government fiscal policy  Ã‚  and monetary policy Changes in the growth rate of a Population Natural disasters (storms, hurricanes, earthquakes, tornadoes, floods etc) Changes in the Tastes/Preferences of consumers for goods/services Changes in the state of the art of business firms Nature of the good is basic commodity, it will lead to a higher demand As more or fewer producers enter the market this has a direct effect on the amount of a product that producers are willing and able to sell The producers expectations Paragraph of demand and supply( with an example) C:UsersRioDesktopsupply_and_demand.gif The perfect competition: Perfect competition is a theoretical market structure, Also is market structure where there are large number of buyers and sellers who are willing to buy or sell a product or service at a given price basically used as a benchmark against which other market structures are  compared. Perfect competition describes a  market structure  whose assumptions are extremely strong and highly unlikely to exist in most real-time and real-world markets. Economists have become more interested in pure competition partly because of the rapid growth of  e-commerce  in domestic and international markets as a means of buying and selling goods and services Basic assumptions required for conditions of pure competition to exist   Essentially these factors exist to prove that firms in perfect competition have no influence over other competitors or over the demand for its own goods. Large Number of Small Firms Each firm produces only a small percentage compared to the overall size of the market output.   If one firm decides to double its output or stop producing entirely, the market is unaffected. The price does not change and there is no discernible change in the quantity exchanged. The meaning is firms has no control over the market price. Many individual buyers,  none of whom has any control over the market price Firms have the freedom of entry and exit from the industry.  They are not restricted by government rules and regulations Perfect knowledge: In perfect competition, buyers are completely aware of sellers prices, such that one firm cannot sell its good at a higher price than other firms. Each seller also has complete information about the prices charged by other sellers so they do not inadvertently charge less than the going market price.   other words, there are few transactions costs involved in searching for the required information about prices Monopolies A monopoly exists where there is only one supplier of a product or service. This allows the supplier to charge higher prices than if there was competition The meaning of monopoly is that there is no competition and therefore the supplier has a very high degree of pricing power Monopolies can arise in a number of ways including: By developing or acquiring control over a unique product that is difficult or costly for other companies to copy   By using various legal and/or illegal tactics such as an agreements by former competitors to cooperate on pricing or market share illegal in most countries. And/ or taking control of suppliers of inputs required by competitors or conspiring with them to raise their prices (or lower their quality of service, etc.) to competitors  

The Ghost of Cloudcroft New Mexico Essay -- Ghost Stories Urban Legend

The Cloudcroft Ghost Cloudcroft, New Mexico, meaning a "clearing in the clouds", is a small mountain town located to the east of Alamogordo, NM ("Cloudcroft"). The town's history is intimately tied to the building of the Alamogordo and Sacramento Mountain Railway that allowed the town to be permanently settled in the late 1800s, and to the logging business that made the town and railroad successful for half a century ("Investigation†¦ Lodge"). As with many frontier towns, Cloudcroft has a number of legends that document the unique and violent events in its history, and also a fair number of ghosts that haunt its historic sites. I was told a story about one of Cloudcroft's more famous ghosts when casually lounging in the undergraduate student physics lounge at the University of Maryland, College Park, with a group of students during a lunch break before class. This occurred during early April, 2005. I inquired whether anyone knew any ghost stories or folklore. A friend of mine volunteered that she knew several ghost stories from her travels. The storyteller was a 23-year-old Caucasian female from an upper-middle class family in Baltimore. She currently lives in Crofton, MD, and is a physics and astronomy major. For a prior internship a few summers earlier, the storyteller had worked at the Apache Point Observatory in Sunspot, NM, studying various solar phenomena. Sunspot is located 17 miles from Cloudcroft. She originally heard her legend from a coworker at the observatory, who took her to visit the place of the haunting. After finishing a story about the ghost of the astronomer Maria Mitchell (who allegedly haunts Nantucket, Massachusetts), the storyteller began the tale of the ghost of The Lodge at Cloudcroft. .. ... Cited "Cloudcroft New Mexico, A Brief History." Cloudcroft Online. Retrieved 5 Apr 2005 http://www.cloudcroft.com/history.htm. "Investigation of the La Fonda Hotel" Southwest Ghost Hunters Association. 31 Oct 1998. Retrieved 5 Apr 2005 http://www.sgha.net/lafonda.html. "Investigation of the Lodge." Southwest Ghost Hunters Association. 07 Aug 2001. Retrieved 5 Apr 2005 http://www.sgha.net/lodge.html. "New Mexico: Ghost Stories and Haunted Places." Haunted New Mexico. Retrieved 5 Apr 2005 http://hauntednewmexico.tripod.com/id1.html. "The Haunted St. James Hotel, Cimarron, NM." Legends of America. Retrieved 5 Apr 2005 http://www.legendsofamerica.com/HC-Cimarron5.html. "The Lodge" Lost Destinations. Retrieved 5 Apr 2005 http://www.lostdestinations.com/thelodge.htm. Wood, Ted. Ghosts of the Southwest. New York, Walker & Company:1997.

Athletes Essay -- Sports, High Salary

How much money does the average person really need to be able to eat three times a day, have a roof over their head, send their children to school and have a car? All this could be done on an income between $30,000 and $40,000 easily. But somehow it was decided that people who labour harder than most, city workers, janitors and factory workers, would be paid less than someone who sits behind a desk all day or someone who plays a game for a living. Today athletes are the highest paid people in the country, with the exception of Donald Trump and his toupee. It is ridiculous to believe that someone is really worth hundreds of millions of dollars, and all they have to do is play a sport that millions of people would play for free if given the chance. Therefore, I strongly believe that professional athletes are overpaid due to several reasons. Schingle stated that personal athletes get paid what the market will bear (2008). If attendance at sporting events were to decrease, or advertising dollars were to dry up, they would start getting paid less (Schingle 2008). Since professional sports are a form of entertainment, Schingle said that in America, people pay for their entertainers dearly (2008). Moreover, Schingle compared sports with other field which is Hollywood where he stated that actors are also overpaid in their industry (2008). Bate stressed that most people are jealous that they keep complaining about athlete’s pays (2008). Some people claimed that they pay the athlete’s wages through the ticket money but they did not realize that the endless demand for the tickets and the thirst for the game is what created the high wages (Bate 2008). An athlete has to sacrifice a lot to reach the top of his profession which is being a pr... ... in Africa who are dying from hunger (2008). On top of that, the money can be used for other beneficial things such as increase the salary of doctors, engineers, low paid factory workers working 12 hours a day and make this world a better place to live in (Wadhwa 2008). Lastly, Wadhwa stressed that athletes entertain us but they do not save lives or make this world a better place to live, like doctors and other workers who spend the whole life time just earning enough to survive (Wadhwa 2008). In conclusion, the reason that the athletes are overpaid because of the market demand is not acceptable because the individual’s greed, the owner’s greed and the fact that sports are only for entertainment make it clear that athletes are overpaid for no beneficial reasons. The government should control the flow of money and use it for the development of the country.

Kindle Fire, Amazon’s Strategy Essay

The Kindle Fire was released on November 15, 2011 by Amazon. It’s a tablet computer, and it’s the last version of Kindle up to date. The product Its dimensions are 7. 5 by 4. 7 inches, with a 0. 45 inches of depth. The display is a 7 inches (180 mm) multi-touch color screen with a 600? 1024 pixel resolution. Connectivity is through Wi-Fi and USB. The device includes 8 GB of internal storage, which is enough for 80 applications, plus either 10 movies or 800 songs or 6,000 books. According to Amazon the Kindle Fire can run up to 8 hours of consecutive reading and up to 7. 5 hours of video. Let’s take a look on the software side. The Kindle Fire runs a customized Android 2. 3 OS. Along with access to Amazon Appstore, the Fire includes a cloud-accelerated â€Å"split browser†, Amazon Silk. The user’s Amazon digital content is given free storage in Amazon Cloud’s web-storage platform, 5GB Music storage in Amazon Cloud Drive, and a built-in email application allows webmail (Gmail, Yahoo! , Hotmail, AOL Mail, etc. ) to be merged into one inbox. Content formats supported are Kindle Format 8 (KF8), Kindle Mobi, TXT, PDF, DOC, DOCX, JPEG, GIF and a lot of others. Why it is an innovative product? And what is the Amazon’s strategy with the Kindle Fire? Amazon tries to surf on the Kindle success by launching this product way under the market price. Amazon is willing to sell its core tablet device at a loss (one-quarter its list price) and at painfully low margins because it is an efficient point-of-sale storefront. They have 18 million songs, books, movies and television programs. The surprisingly low $199 price point will especially undercut smaller competitors and force more affordable hardware and software economics-even at Apple. Amazon founding CEO Jeff Bezos, said that the Kindle Fire is â€Å"a service† that provides â€Å"seamless integration† to all things Amazon for the world’s largest online retailer. That represents a unique pipeline for marketers, as well as content providers, wanting to connect with consumers on very specific fronts, or any interest. Marketers and content providers can follow consumers in all their movements on the website and adapt all the marketing. Amazon’s Kindle Fire strategy is designed to bring consumers closer to their main activity, selling things. The Kindle Fire is pre-loaded with a new AmazonLocal daily deals and services which is a good way to stimulate connections between buyers and sellers. Amazon is linked with NBC Universal, Twentieth Century Fox, CBS and others to become a video service like Netflix. Kindle Fire’s alignment with the Android operating system also puts Amazon in line to do more with Google and its YouTube video service to become a dominant video streaming player.