Wednesday, October 30, 2019

Scope statement( course)- project management( major) Assignment

Scope statement( course)- project management( major) - Assignment Example One of these will be noted to be constraints. Most of the time project managers fail to accept from the onset that there could be constraints, which can militate against the success of the project. Consequently, most of these constraints come to them much unprepared, making it difficult to use any continuous process method to address them (Jacob, Bergland & Cox 89). There have been times that the scope statement has worked particularly well and other times that they have not worked so well. In a personal experience, there was a time that the scope statement did not work well because the stakeholders who were to put their efforts together to make the project a successful one failed to play their roles adequately. Consequently, the project manager had to take care of everything, which became problematic because the scope that was used to finish the project seemed to be different from the expectation of project owners when the project was completed. The use of requirements documents and work breakdown structure has however proven to give good support to scope statements in ensuring that they work

Monday, October 28, 2019

Children with special educational needs Essay Example for Free

Children with special educational needs Essay The home environment and lifestyle of a child can be influenced from as early as conception. In pregnancy if a mother chooses to drink alcohol they run the risk of alcohol crossing the placenta, which can lead to foetal alcohol syndrome. This condition affects foetal growth and causes delayed development, learning difficulties and congenital abnormalities. In addition there is a risk of miscarriage. Furthermore, increasing hours of work pressured upon parents from their place of work can lead to bad eating habits, for example, fast food takeaways giving children snacks, fizzy drinks, sweets and crisps, which in-turn could lead to obesity and all the health problems that are associated with obesity, such as diabetes and osteo-arthritis. Moreover they could be the subject of bullying at school. The child may become socially excluded because of their size; they may feel depressed and withdrawn hindering their learning potential. Gender influences: Children are aware of their gender identity. Read more: Explain how children and young peoples development is influenced by a range of external factors essay Research indicates: By the age of 21/2 years, children think girls prefer to play with dolls and engage in domestic activities with mum, while boys prefer to play with cars or construction toys and helping dad. (www. geocities/gender. edu. ) Gender stereotyping is damaging to childrens social development and their personality as it damages their self-image, in addition too the identity of girls because it can affect their confidence and lower their self-esteem. Boys too can be limited by gender stereotypes by being forced to behave tough or less caring, in order to conform and by accepted by others. This can be overcome by early years practitioners providing role-play opportunities including dressing-up clothes, which allow children to explore different roles. Furthermore, books and games should be avoided, which demonstrate gender stereotyping. Special Educational Needs: The range of special educational needs, (SEN) is vast and the starting point for looking if a child may have a learning difficulty can be seen through their level of academic attainment. Learning difficulties can be described as moderate, severe or profound and multiple. They can range from a mild hearing impairment, to a severe impairment, for example, Cerebral palsy. This condition affects the part of the brain that controls movement. This may cause disability of all four limbs. Children with this condition may have motor problems, visual and hearing impairments, in addition to speech and perceptual difficulties. Dyspraxia is referred to as, Clumsy child Syndrome in this condition the child has difficulty with physical movement, language development may be delayed. In addition learning difficulties can occur where fine or gross motor skills are needed. Dyslexia is a condition where the child has difficulty with words and learning to read, spell and write. This could cause the child to have low self- esteem and become frustrated, or even disruptive. These examples are just a few of the conditions that may have an impact on a childs ability to learn and develop to their full potential. It is just as important recognising the child has SEN, as to meeting their needs to help them achieve. Communication is of paramount importance, in addition to remembering to put the needs of the child first and then the disability. In conclusion it can be shown that a childs learning and development can be affected by many factors, throughout the human life-span. This is why it is imperative that these factors are highlighted to early years professionals, so they can recognise and act upon them in the childs best interests, to promote their well being and education. REFERENCES: Alcott, M. (2002) Children with special educational needs, 2nd edition, Hodder Stoughton, London. Haralambos, Rice, D. (2002) Psychology in Focus A level, Causeway, Lancs  www.geocities.com

Saturday, October 26, 2019

Romeo And Juliet by William Shakespeare :: Papers

Romeo And Juliet by William Shakespeare This scene is a turning point in the play, showing how Romeo is drawn into the violence that haunts Verona. He enters full of the optimistic joys of love; at the end, he flees into banishment, leaving behind him the bodies of Tybalt and Mercutio. At the beginning of the scene as Mercutio and Benvolio enter; Shakespeare is quick to build up the threat of danger. Straight away, Benvolio is making an excuse for why he Mercutio should withdraw, "I pray thee, good Mercutio, let's retire". Benvolio is simply trying to keep the peace, as he knows Mercutio has a short temper. He is obviously very worried about the threat of danger, as shown by his language, "I pray thee". The Montague's seemed worried, upon the arrival of the Capulet's, fearing that they may be irritated that they sneaked into the Capulet's party, but it seems that is not the reason for the apprehensiveness. Mercutio stirs trouble with Tybalt, but Tybalt doesn't really want to hurt Mercutio, as he knows he ´ s only teasing around, and Mercutio isn't a Montague, but Tybalt however wants a word with Mercutio ´ s good friend, Romeo. Tybalt settles the quarrel with Mercutio when Romeo turns up on the scene. Tybalt accuses Romeo of being a villain, Romeo tries to reason with Tybalt, and even goes as far as saying 'And so good Capulet, which name I tender as dearly as my own, be satisfied ´. Mercutio cannot believe this; he calls it a vile submission, and so shows a little more hatred towards Tybalt. Mercutio is portrayed as a very playful character, For example in Zeffirelli's version of the play Mercutio is washing in the fountain, Mercutio is shown to be having a good time and knows that he does not have to leave, therefore why should he. He has a good reason to stay where he is, although Benvolio is desperate to prevent trouble and tries to get Mercutio to leave. Benvolio has intervened previously when Mercutio has been in trouble, but Benvolio is kept on the

Thursday, October 24, 2019

Macbeths feelings

Macbeth feels great remorse and guilt for the act that he lust committed. He wash's very much that he did not kill the King and this Is shown through his excerpts in Act 2 scene 2. He describes his hands as being a ‘sorry sight' for they are drenched in the King's blood. The blood is has a very symbolic meaning for Macbeth as the blood does not just show that he has killed the King but also that he has shown shame towards the one closest to God, and that it has now been proven that he must go ahead with being crowned King.He constantly suffers psychologically and contemplates that people will find out about his killing of the King and explains that he heard a voice saying that he has killed sleep so he will ‘sleep no more'. He starts acting very nervous towards the people around him, especially the servants who he killed when he saw them straight away. He explains to Macadam that it is not possible to feel ‘wise, amazed, temperate and furious, loyal and neutral' all at once, and that he just killed them because he saw the daggers in their hands and It would not be fair If they survived.Macbeth over exaggerates his murder eying that the blood from his hands will turn the oceans ‘green to red' and that ‘Neptune ocean would never clean his hands of this act'. Macbeth is starting to act guilty towards the murder and he is regretting largely what he did. There are also streaks of fear in his thinking patterns when he says to Lady Macbeth that he is ‘afraid to think what I have done', being the King's slaughter. These comments from Macbeth explain to us that he really does feel great remorse for killing the high Liege and that hopes no one will ever find out his horrendous crime

Wednesday, October 23, 2019

Samsung Introduction

Founded Samsung Introduction-2 Important points, 1970’s subsidized, In 1938, Samsung began as a small business trading produce and consumer goods. Almost 70 years later, Samsung has transformed itself into a global powerhouse whose superior products and services now range from semiconductors and LNG ships to fine chemicals and financial services, just to name a few. 1938-1970 Samsung Beginning On March 1, 1938, founding chairman Byung-Chull Lee started a business in Taegu, Korea with 30,000 won (South Korean currency).At first, Mr. Lee's little business was primarily in trade export, selling dried Korean fish, vegetables, and fruit to Manchuria and Beijing. But in just over a decade, SAMSUNG – meaning literally â€Å"three stars† in Korean – would have its own flour mills and confectionery machines, its own manufacturing and sales operations, and ultimately become the roots of the modern global corporation that still bears the same name today. 969-SAMSUNG- Sanyo Electronics established (Renamed SAMSUNG Electro-Mechanics in March 1975 and merged with SAMSUNG Electronics in March 1977) 1969-SAMSUNG Electronics Manufacturing incorporated (Renamed SAMSUNG Electronics in February 1984) 1970-1980 Samsung Industrial Era Throughout the 1970s, SAMSUNG laid the strategic foundations for its future growth by investing in the heavy, chemical, and petrochemical industries.The company's second â€Å"Five-Year Management Plan,† announced in August 1973, targeted these industries and also introduced SAMSUNG to the shipbuilding industry Another burst of growth for SAMSUNG came from the burgeoning home electronics business. SAMSUNG Electronics, already a major manufacturer in the domestic (Korean) market, began to export its products for the first time during this period. Another significant development was SAMSUNG's 1974 acquisition of a 50 percent stake in Korea Semiconductor, further consolidate SAMSUNG Electronics' reign as a leader in semic onductor manufacturing. 980-1990 Entering the global technology marketplace The late 70s and early 80s represented a time of increasing diversification and global growth for Samsung’s core technology businesses. In 1978, SAMSUNG Semiconductor and SAMSUNG Electronics became separate entities as new products were introduced to the global market. SAMSUNG Precision Company (established in 1977) laid the foundation in another high-tech industry – aerospace.Renamed SAMSUNG Aerospace Industries in February 1987 (now known as SAMSUNG Techwin), SAMSUNG has been developing its aerospace capabilities with unprecedented speed ever since. Future plans include the development of future space stations – and even space facilities for the Moon and Mars in the early 21st century. SAMSUNG's increasing focus on technology led to another key development in the mid-80s with the creation of the company's two Research & Development institutes, SAMSUNG Economic Research Institute (S ERI) in 1986.SAMSUNG Advanced Institute of Technology (SAIT) in 1987. Together, these two pioneering R&D organizations have helped SAMSUNG expand its reach even further into electronics, semiconductors, high polymer chemicals, genetic engineering, optical telecommunications, aerospace and new fields of technology innovation from nanotechnology to advanced network architectures. On November 19, 1987, SAMSUNG's founding Chairman Byung-Chull Lee passed away after almost fifty years at the helm of the company. His son, Kun-Hee Lee succeeded him as the new Chairman.On the 50th anniversary of SAMSUNG's founding in 1988, he announced the â€Å"Second Foundation† of the company, directing SAMSUNG's growth towards becoming a world-class 21st century corporation. For this â€Å"Second Foundation,† SAMSUNG challenged itself to restructure old businesses and enter new ones with the aim of becoming one of the world's top five electronics companies. The merger of SAMSUNG Electro nics and SAMSUNG Semiconductor & Telecommunications was undoubtedly a key strategic moment in the progress towards this goal.For the first time in the group's history, SAMSUNG was now in a position to maximize its technological resources and develop value-added products. 1990-1997 Leaping onto the Global Stage New management Era New Management is more than a mere re-engineering of SAMSUNG but rather an entire revolution dedicated to making world-class products, providing total customer satisfaction, and being a good corporate citizen. In retrospect, New Management was a decisive turning point for SAMSUNG, the moment when the entire company was repositioned on the basis of â€Å"Quality first. During this period, 17 different products – from semiconductors to computer monitors, TFT-LCD screens to color picture tubes – leaped into the ranks of the top five products for global market share in their respective areas. There is no doubt that part of SAMSUNG's success in these areas is due to its rigorous enforcement of quality control at all its plants across the world.? Thanks to the â€Å"Line Stop† system, any employee can shut down the assembly line when inferior products are discovered.Production is simply halted until the problem is solved. SAMSUNG also adheres to the â€Å"Six Sigma† concept of total quality management. 1997-2000 Digital Frontier 1997 was a dark year for nearly all of Korea. That year, nearly all companies in Korea shrank. SAMSUNG was no exception. The company restructured by reducing the number of its affiliated companies to 45, decreasing personnel by almost 50,000, and improving the soundness of its financial structure.Although the news was bleak, SAMSUNG was one of the few companies able to continue growing thanks to its leadership in digital and network technologies, and its steady concentration on electronics, finances, and related services. 2000-Present Pioneering the Digital Age With the start of the s econd millennium, SAMSUNG begins its second century. The digital age has brought revolutionary opportunities and changes to global business. The SAMSUNG Group has responded to these changes and is currently upgrading its business structure, management perspective, and corporate culture to meet global standards.Our commitment of being â€Å"World's Best† has won us the number one global market share for thirteen of our products. We succeeded in achieving the global competitiveness through continually improving our financial structure and profitability, as we examine the structure of our own organization. The quick pace of our development is reflected in our management philosophy â€Å"We will devote our human resources and technology to create superior products and services, thereby contributing to a better global society. â€Å"

Tuesday, October 22, 2019

What to Do When You Are Bored in Class

What to Do When You Are Bored in Class Who hasn’t zoned out in class before? Whether your professor has a monotonous voice or you just didn’t get enough sleep last night, everyone has times when paying attention in class is a challenge. Here are some things you can do when boredom overcomes you during a lecture: Eat or Drink Something Depending on your class rules, a quick blood sugar or caffeine boost can be exactly what you need. Just make sure it’s not distracting to the rest of the class such as eating something crunchy or something with an overpowering smell. A fruit salad or cereal bar can be ideal snacks for a classroom setting. Chewing gum can also help give you something to do while you’re passing the time. A cup of coffee is a great pick-me-up for any time of the day and could be just the boost you need to make you sit up and pay attention. Record The Class If you simply can’t pay attention to the lecture, try using a recording app on your phone to make sure you at least have the class on file. That way you can listen to it later when you’re able to concentrate better. Some recording apps also give a written version of the recording, which can be convenient for you to look over. Take a Lot of Notes Sometimes when the teacher is droning on and it’s hard for you to keep focused on what they’re saying, it can be helpful to just write down as much as you can from their lecture. Keep your pen moving as he/she speaks and try to capture as much as you can. This will give you something to concentrate on and keep from zoning out. It will also ensure that you have some enviable class notes that your classmates who fell asleep will want to borrow. Participate More If your professor has class activities such as breaking you up into groups or allowing for question and answer periods, make sure you participate, even if you don’t feel like it. It can force you to wake up and engage more seriously with the material. Ask questions, offer to be a group leader or volunteer to take part in an informal debate. Read Your Textbook You might not be able to pay attention to what your professor is saying, but it could help if you look over your textbook to remind yourself of the context of their lecture. As you read, keep an ear tuned to your professor’s voice to see if what they’re saying connects with the content you’re reading to help you follow along better. Count Everyone has days when their attention span is less than desired. You can’t be â€Å"on† all the time. If you find yourself spacing out in the middle of a lecture, give yourself a break and count to 100. Counting will likely be more boring than your teacher’s lesson so take a big breath after you get to 100 and prepare yourself to focus. Every time you space out again after that, count to ten and then get your focus back on track. This gives your brain a temporary break and allows you to reset. Use Fun Note-Taking Tools When you were a kid, you probably liked using crayons or colored pencils or funny erasers and notebooks with your favorite cartoon characters for school. So, make note-taking fun again by buying some cool accessories, whether it’s colored markers, fun stationary, or other things that ignite your excitement. You could also use a note-taking app on your tablet that makes it more entertaining for you to go to class. Whatever you end up doing to get through class, just make sure you’re not interrupting your professor or being a distraction to your classmates. image credit: flickr.com

Monday, October 21, 2019

Essay Einstein Principle for Effective Time Management

Essay Einstein Principle for Effective Time Management Essay: Einstein Principle for Effective Time Management Modern society seems to be focused on intensive lifestyles. People are in a hurry almost all the time. This brings about a great need for effective time management. Some people try to optimize their time by getting up earlier or by going to bed early just to cope with as many tasks as possible. But does this really help? After all, this approach seems to be pointless as it only makes us exhausted and depressed due to lack of sleep. Now take a moment to consider some better ways to effectively manage time. What could be better than a method invented by Albert Einstein? No matter how hard we try to multitask, it seems impossible to do everything on our daily list. However, the theory of Albert Einstein states: â€Å"We are most productive when we focus on a very small number of projects on which we can devote a large amount of attention† (Newport, 2007). The following principle is based on the fact that serious tasks are time-consuming and require plenty of effort and concentration. Heres another trick. If we follow Mr. Einsteins principal, were likely to have a very low number of so called life-projects: education, career, marriage and hobby. Besides, each of us is overloaded by a number of duties and myriad small, but still important things to complete, alongside with the major ones. Moreover, putting all of your effort, time, money and other resources in one gigantic project can prove to be too risky, especially if something goes wrong. (Newport, 2007). There are no â€Å"sure things† in life! Therefore, lets base an approach toward time management based on the theory of a world-famous scientist, by updating the approach to better fit the standards of modern society. To achieve the best possible results, follow the scheme below: Step 1. When you feel time is short and youre peppered with hundreds of things to do, take a piece of paper and subdivide it into four columns: education, personal development, friends, and relations, and hobbies. In this way, you build a basic structure for the most important spheres of your life. Step 2. Write down the items which refer to a definite part of your life and list them in a corresponding section. So, for example, in the section titled Education, list the tasks connected with your studies (e.g. go to the library and find the needed book, start writing your new project, consult your professor and clarify the questions you need for your term paper, etc). The section for Personal Development could be filled with such issues as: taking driving lessons, paying more attention to your health and workouts, or it can be an intention to buy new furniture or decorations for your room. The section Friends and Relations may include activities like meeting a friend in a cafà ©, visiting a distant relative, or even buying Christmas presents! Finally, the fourth section Hobby can be filled with your intentions connected with something you like to do, or it can be going to see a movie, cooking a new dish containing exotic fruit, or even exploring a new route for a bicycle ride! Step 3. As soon as your list is completed, take a closer look at it and cross out all the unnecessary items, the ones, you can forget about straight away. In such a way youll get a chance to focus on the most important things. Step 4. Next, select the tasks that must be completed right away, and mark them to be completed as soon as possible! Step 5. Youll be glad you found out that only a small amount of things are left for you to do! The most important thing to do at this stage is to not start any new projects until you complete the listed ones, which you should begin right away (Newport, 2007). Such a practical approach may turn out to be rather helpful in terms of time management. Reducing the number of unnecessary tasks and placing your full concentration on the truly urgent tasks will help you plan your schedule much more effectively! If you need to hire a professional essay writer to get your custom paper written from scratch contact our online paper writing service.

Sunday, October 20, 2019

How to Format an Ebook for Kindle

How to Format an Ebook for Kindle Congratulations!   You’ve finished your book.   If you’ve polished your manuscript and had it edited, you’re ready to publish on Kindle.   Not much in life is free anymore, but publishing a Kindle book is.   You can format a Kindle book yourself and upload it to Amazon for no charge.   Here’s how. First, SAVE your manuscript as a new doc so you’ll have a copy of the original.   You won’t be able to use the Kindle version for anything else once you’re done. Margins should be around .5 top and bottom, .8 for left and right margins. Don’t use more than three or four line spaces to separate text- more than that can cause text to break to a new page on smaller readers such as i-Phones. Use font sizes of 16pt or smaller- a title with a lot of text can easily run over to a second line. Be sure to include a title page and brief copyright notice. Marketing tip:   If you’ve written other books, you can include them on an â€Å"Also Option: you can make the chapter titles in the Table of Contents into clickable links Don’t include page numbers or page breaks- just let the text run on.   Otherwise, the finished product will be a mess!   You can, however, insert page breaks at the end of chapters. Don’t add headers or footers. Amazon usually indents paragraphs during formatting, so I suggest not adding any.   But they sometimes change their process.   If your final uploaded version doesn’t show indents, .3 is a good indent for paragraphs. Include a line space between each paragraph for a little more â€Å"white space.†   Also, shorter paragraphs are more visually appealing on a Kindle reader or i-Phone than longer ones. When you’ve finished formatting (and spellchecking!), save the file so you have a final copy for Kindle, then save it again TO A DIFFERENT FOLDER as â€Å"Web Page, filtered.†   If you don’t save it to a different folder, Word will automatically transform the doc you just worked on into the html file, and then you won’t have the original (which you might like to use to create an EPUB version or PDF later). Then page through the html file to make sure it looks okay (use the Paragraph tool on the toolbar to check the number of line breaks between paragraphs).   Go to Amazon’s Bookshelf (https://kdp.amazon.com), click on â€Å"Create a New Title,† and follow the instructions to upload the book.   You can also use the Cover Creator tool to create a cover at that point. After you upload the interior of the book, BE SURE TO PREVIEW IT using the Amazon previewer.   There will probably be errors, and readers who write book reviews on Amazon are not always kind about typos or formatting errors in the books they read (this is why editing is so important).   You can fix and re-upload it as many times as you need to in order to make it perfect.   Remember, you’re creating your reputation as a writer with every book you publish. Best of luck!   And Happy Writing!

Saturday, October 19, 2019

Briefly set out a) the main theoretical perspectives underlying the Essay

Briefly set out a) the main theoretical perspectives underlying the remuneration of executive directors in major national or mul - Essay Example However, this silence is less relevant to their leadership qualities, and more a result of their resultant extra ordinarily high salaries. In addition, there has been a very significant difference in the remunerations of CEOs belonging to US companies, as compared to those belonging to companies in the UK. With respect to this observation, this paper studies the remuneration of executive directors, and delves into the issues and theories concerning their outrageous amounts, and the debates that arise from them. The debate on the remuneration that executives receive has been carried out for several years. A recent factor, which has heated this debate even further, is the current recession and its effects (The Economist, 2010). This stems from the fact that over 13 percent of the residents of the US are unemployed, while millions others struggle to hold on to their jobs as their salaries and wages are reduced from what they used to be (Robbins, Judge & Judge, pp. 278, 2008). Apart from this, Lehman Brothers experienced a downfall, and needed two bailout packages from the government to recover and prevent further such happenings. This occurrence has made the common person wary of the way the scarce resources are employed, and that they should be treated as scarce instead of being wasted. However, people who only see half the picture make majority of the complaints and criticisms that the system of high remunerations receives. They see how these directors receive huge salaries for what they do, but they do not consider or even know about the stressful and demanding jobs that these directors do which help them secure such large payments (The Economist, 2010). This is a critical element that is missing from their perspectives, which makes theirs an unfair, unbalanced perspective. These critics do not bother considering the perspective of the CEOs themselves, or the significance and value of their services (The Economist, 2010). This paper aims to prove that, for this reason, their perception is flawed, and that the CEOs do earn the money they receive, using research, and statistics. Theoretical Perspectives It is an observation (Robbins et al., pp. 23-39, 2008) that a huge number of experts have carried out research on the issue of remuneration of executive directors in the United Kingdom, as well as in the United Kingdom, especially during the last decade. Analysis has identified that extraordinary increment in the salaries of executive directors been one of the major reasons of such a huge number of researches carried out on the subject. In order to understand theoretical perspectives of executive directors’ remuneration, the paper will include agency and expectancy theories that will provide a comprehensive understanding. In particular, every company in the United Kingdom follows a standard remuneration package for its executive director that usually includes a basic salary, a yearly bonus along with long-term benefits. In this packag e, salary is the permanent component whereas the other components vary in different organisations. It is an observation that two factors play a critical role in determining variable components in remuneration of executive. Firstly, the calculation that relates variable components as functions of basic salary (Robbins et al., pp. 23-39, 2008). The second factor refers to the achievement of directors in terms of their target, thus, an average performance will lead towards to a lower bonus. Besides understanding

As the instruction Essay Example | Topics and Well Written Essays - 1000 words

As the instruction - Essay Example It is worth noting that some of the earlier documents of this kind can be seen to greatly influence later documents and the ideas presented within them. President Roosevelt presented this paper in Congress in 1941. Some of the key ideas sene to be laid out in this paper have been widely adopted and voiced by subsequent administrations and other Americans over time. In this paper, President Roosevelt is seen to emphasize the fact that prior to the year 1941, the United States had been greatly affected by occurrences in other continents. These had seen the country involved in about two wars as well as a number of undeclared wars in the United States’ attempt to secure the basic principles of peaceful commerce and civil rights. He urged for democracy which he claimed was greatly assailed across the world. In his speech Roosevelt points out that there are some fundamental things that Americans happen to expect from their government pertaining to their economic and political system s. He summarizes these things as being security for anyone that may happen to require it, jobs offered to those who are in a capacity to work, the general preservation of all civil liberties for each and every individual, and the ending of granting of a number of special privileges to only a select few. These civil liberties, as presented by Roosevelt in 1941, were later seen to be adopted by the UN in the UDHR that it presented in 1948 as the freedom from fear and want and the freedom from of speech and religion (Roosevelt 6). The UDHR presents a number of human rights that contain compressed versions of civil liberties as declared by Roosevelt. Some of them include Article 1 that emphasizes the fact that all human beings are born equal and should therefore have both equal dignity and rights. Article 23 of the UDHR is also seen to borrow its idea from Roosevelt as it stresses the innate right of all individuals to be able to work and have a basically free choice of employment. Secu ring the freedom for individuals to essentially be in a capacity to hold a job is seen to serve to save the individual from lacking some of the wants such as food, essential medical care and housing. (UN General Assembly 2–5). Similarly, in declaring the right for everyone to obtain security, liberty and life, Article 3 of the UDHR highlights the right of all people to obtain personal security, the government should be in a capacity to provide adequate security for its citizen’s according to the expected requirements of this Article which are in turn seen to be in-line with the freedom from fear (UN General Assembly 2). In his article, Kaplan is seen to point out that the United States’ concerted efforts to promote democracy in the poorer different parts of the world are critical. In a similar fashion to Roosevelt, Kaplan stresses that the current democracy in the United States is essentially at a greater risk than ever before (Kaplan 1). Kaplan ends his article by painting a substantially gloomy picture of the potentially bleak future that stands to affect America and the various achievements that have been made possible across the world primarily as a result of the advent and continual spread of democracy. He contends that the West could arguably be seen to stand to eventually fall to the same fate as most of the earlier civilizations across the world, such as the Roman Empire that strongly believed

Friday, October 18, 2019

SLP - 3 Negative Letters Essay Example | Topics and Well Written Essays - 1000 words

SLP - 3 Negative Letters - Essay Example In this case, messages sent to customers possess attributes meant to foster beneficial reactions; hence facilitating realization of business goals. In this context, positive messages are usually meant to foster positive and beneficial relationships with existing customer base. However, certain situations require delivery of negative messages to clients. Within any given commercial setting, some clients may demonstrate negative business practices towards service providers. Based on financial and marketing management, undesirable practices may undermine realization of commercial goals of revenue generation and profit maximization. In such instances, business leaders should be able to synthesis objective letters meant to deliver desired messages to incorporative clients. In order to formulate an objective negative letter, one has to take into consideration relevant communication principles. Carl and Naether (2012) agree that close adoption of these principles will ensure synthesis of a letter in a manner that delivers desired message in a professional and timely manner. The first principle involves the effects of the negative letter upon reception by the target client. Negative business letters should elicit desired effects upon reception by the client. With respect to the element of effect, effective letters should be clear and concise in order to facilitate understanding by target audience. Wordings within a negative letter should possess a stern and somber mood. Suitable selection of words will ensure that receiving client understands the required effect of the communication. According to Carl and Naether (2012), the next principle takes into consideration significance of communication with respect to the business relationship. From a theoretical perspective, business persons ought to maintain positive communications with their clients. However, certain situations necessitate adoption of negative communication. In this regard, negative letters should express th oughts and emotions in a precise and accurate manner. Accuracy and precision ensure that target clients pay close attention to the causative factors of message in the letter. This will create an atmosphere where the client will appraise the seriousness of his or her negative practices. Letter To Ms. Minnie MacElroy, 27694 Bay Point Lane, Bonita Springs, FL 34134. Dear Madam, Re: Termination of Business Contract It is understandable that the current economic situation may cause constrains to most WebTastic’s clients. The company’s management express its general concerns and on the issue, and would like to thank loyal clients for their earlier corporation. As the owner of this small business, I appreciate the fact that current client base facilitated inception and growth of the company’s business objectives. We have always strived hard in maintaining relationships with clients through regular communication and feedback analysis. In situations where the companyâ₠¬â„¢s website programs develop technical hitches, we have always responded appropriately and in a timely manner. In this case, WebTastic goals seek to provide quality and responsive services to its current new clients. In certain instances, web developers worked for additional hours in order to deliver customized services to loyal patrons. In addition,

Proportionality and discrimination are key concepts for jus in bello Essay

Proportionality and discrimination are key concepts for jus in bello. Examine the practical consequences of these concepts in th - Essay Example It differs from jus ad bellum in the sense that while the former refers to regulations and decrees issued during a war, the latter deals with legal justification and legitimate reasons for commencing a war (Orend, n.d. p. 105). This paper examines the principles of proportionality and discrimination and their present practices with respect to principles of jus in bello. Jus in bello According to war theorists, ‘jus in bello’ refers to the rights and regulations that are followed after commencement of a war. It is a Latin term, which for a large part also evaluates and justifies a nation’s reasons for entering into warfare. At the same time, it also justifies whether the war is conducted on a just manner or not. Under any circumstance, nations are not allowed to adopt perverse means to meet their objectives. Due to this reason, jus in bello is often referred to be an ethical parameter. Thus, principles of jus in bello function with the sole objective of maintaining a coherence between the means and outcome of an armed conflict. Added to these, jus in bello performs another important function. Its principle task is to limit warfare. This is a measure to control the ever- escalating destruction and cost of war (Henderson, 2009, pp. 3-4). Principle of proportionality: jus in bello The term ‘proportionality’ refers to adoption of methods which will not only be proportional to the ends of the war, but will also help in achieving just goals. From a narrower perspective, war theorists define ‘proportionality’ as the method that is adopted by combatants for fulfilling their respective goals, without inducing mass- massacre of enemy troops. Proportionality has often become a controversial issue for it often justifies violence to a certain degree. Though the principles of proportionality are pitted against general sense of humanity, it ensures that basic respect is paid for lives and privacy. Thus, the principle of proportiona lity demands the war commanders not to chase unattainable objectives or which were relatively unimportant by paying with lives of their own military troops. This brings the principles of proportionality in line with the codes of jus in bello (Shapcott, 2013 ). Though not itself the key consideration, the principles of proportionality hugely influences one of the key concepts- humanness, and is directed towards ensuring basic human rights. Proportionality imposes severe limitations on activities of States, especially when it adopts extreme means to save few soldiers by claiming more lives. It aims at saving more lives compared to those risked at war. This makes it a ‘consequentialist concern’. Three chief principles of proportionality are- firstly, when any aspect or objective has provisions for both good and bad, the ‘good’ must be chosen. Secondly, the effectiveness of good must be taken into consideration. Lastly, in case they are unequal, effectiveness b ecomes the decisive factor (May, 2008, pp. 117- 120). Principle of discrimination Civilian immunity is central to principles of discrimination which insist that when at war, discrimination must be practiced between the combatants and the ones who are not. Irrespective of war objectives, under no circumstances the military is supposed to make the civilian population a permissible target. The principles also incorporate certain chivalric codes of conduct and customary practices, in respect to the material characteristics of armed combat. The immunity

Thursday, October 17, 2019

MGMT U5DB Research Paper Example | Topics and Well Written Essays - 250 words

MGMT U5DB - Research Paper Example Change leader is not only responsible for the financial success of the project but is also concerned with the allocation, management and integration of the human resources. Hence, change manager plays a role of, or shows certain traits of, a HR manager. In the capacity of a HR manager, the change process is handled in terms of appropriate human skills being gathered, training being provided properly to accommodate the change process, new systems, technologies and processes being appropriately incorporated in the business culture and employees being ready to adopt and accept the change project. For the purpose, the change leader or HR manager provides training courses, proper guidance on the viability of the project, explanation on the importance and benefits of the change to the employees and organization and a rationale to motivate employees on adapting to the change process. The assessment of the impact of a change project remains one of the most important responsibilities of a change leader. He is liable to account for any discrepancies that existed during the change process. He tracks and amends the change strategy to avoid negative or unexpected outcomes by the end of the change

Reflection Essay Example | Topics and Well Written Essays - 500 words - 36

Reflection - Essay Example sense of developing the human capital of a leader’s subjects, most of the internal responsibilities of change become left with the leader alone to do, making it impossible for him to fit in well the tasks at hand. Another fault that was identified with the leader was that he did not value the need to give feedback to his subjects. In often cases, this leader would implement a plan or take a decision without letting the subjects under him know the outcome or results of such programs. Due to these faults, there was generally lack of cooperation on the part of subjects under the leader. I suggest that there should be a special meeting to put opinions for the development of various fields in this school. A development plan for the leadership of the school should therefore be generally focused on the need to bringing about a change in the leadership style used by the leader of the school. By change in leadership style, an advocacy is being made for the introduction of a democratic leadership style in which the leader learns to share the task of decision making with all other subordinates and subjects. The meeting should therefore address the assignment of roles to other members of staff so that the leader will not be left to do all things by himself. Secondly, the plan should clearly outline various ways by which the human capital of the staff is going to be developed. Specifically, there should be skills development and training for the staff to make them highly effective in their assigned roles. Finally, there should be a mechanism of evaluating and assessing the p erformances and outputs of the staff in accordance with the roles that are given to them. This way, it will be possible for the staff to identify their shortfalls and how these can be empowered for growth. My future job is the principle of school, so Im I developing myself by reading about leadership in the fields of education. This means that learning and knowledge acquisition have been an important

Wednesday, October 16, 2019

MGMT U5DB Research Paper Example | Topics and Well Written Essays - 250 words

MGMT U5DB - Research Paper Example Change leader is not only responsible for the financial success of the project but is also concerned with the allocation, management and integration of the human resources. Hence, change manager plays a role of, or shows certain traits of, a HR manager. In the capacity of a HR manager, the change process is handled in terms of appropriate human skills being gathered, training being provided properly to accommodate the change process, new systems, technologies and processes being appropriately incorporated in the business culture and employees being ready to adopt and accept the change project. For the purpose, the change leader or HR manager provides training courses, proper guidance on the viability of the project, explanation on the importance and benefits of the change to the employees and organization and a rationale to motivate employees on adapting to the change process. The assessment of the impact of a change project remains one of the most important responsibilities of a change leader. He is liable to account for any discrepancies that existed during the change process. He tracks and amends the change strategy to avoid negative or unexpected outcomes by the end of the change

Tuesday, October 15, 2019

Advanced Database Systems Essay Example | Topics and Well Written Essays - 2000 words

Advanced Database Systems - Essay Example Additionally, all of these computers are connected with each other and every system has the capability to process the data individually thus helping local systems. In addition, each of the systems contributes in running a single or many wide-reaching database applications. However, a distributed database is not installed on a single location completely. But, it is divided throughout a network of computers that are physically detached and linked via communications medium. However, these types of system require accessing data from a single place. Thus, the distributed nature of the database is unknown to its clients as well as this simplicity appears itself in a different means. In more simple words, a distributed database (DDB) is a set of numerous, reasonably organized databases, spread over a large size computer network. A distributed DBMS is the computer application software that helps manage the distributed database as well as enables the sharing apparent to the clients. Moreover, the term of distributed database system (DDBS) is normally utilized to state both distributed database systems as well as distributed database management system. Furthermore, the distributed database management systems are similar to the distributed file systems in a sense that they help access distributed data (Oracle Corporation, 2003), (Camarinha-Matos, 2010), (Borysowich, 2007) and (Ozsu, 2010). This report discusses some legal and ethical issues that need to be considered when introducing a distributed database system. In this connection this report will analyze the legal and ethical issues that apply to distributed and relational databases. DISTRIBUTED DATABASE After the emergence of the distributed networks (which later on became more and more popular), the need for the development of distributed database management systems turned out to be more critical. In this regard, a distributed system differs from a centralized structure in one main feature: The information and data i s frequently in the command of data are distributed/dispersed over two or additional distantly scattered places. On the other hand, distributed database management systems are exposed to a lot of security challenges more than that exist within a centralized DBMS. Additionally, the improvement of proper distributed database security has been challenging through the comparatively new development of the object-oriented database paradigm. Moreover, this innovative paradigm is not able to be disregarded. Thus, it has been formed to tackle with the rising complication of the data stored in current business or corporate database structures (Coy, 1996) and (Camarinha-Matos, 2010). Distributed systems basically allow users to access files that are placed on different computer systems. Additionally, this data has no obvious organization as well as the relationships between data in diverse files are not handled by the system and are the client’s duty. In this scenario, a distributed dat abase system is developed on the basis of a design (normally called schema) that describes together the arrangement of the distributed data, as well as the relations between the data. In addition, this design can be expressed with a number of data models, such as object-oriented or relational data model. In this regard, a distributed database management system encompasses all the tasks of a database management system. For instance, it offers advanced transaction management, declarative query capability and integrity implementation. However, in fact distributed database management systems differ from transaction processing systems due to the fact that transaction proce

Monday, October 14, 2019

Organizational Technology Plan Essay Example for Free

Organizational Technology Plan Essay Team C is researching University of Phoenix and the technology used at the school. The team will research new technology, workforce training, and recommendations to stay ahead of future challenges. In addition, team C will cover value chain analysis and primary technology the school uses for instructions. University of Phoenix has extensive support activities that students and instructors access daily. Team C will retrieve information and recommend ideas for UOPX to create a more enjoyable learning environment. The team will also cover the different ways UOPX uses the Internet to market products available to all stakeholders. Challenges University of Phoenix has set itself apart by creating a competitive advantage for working adults seeking to further his or her education. Points of differences include advanced technology and communication networks, service-oriented staff in a virtual environment, and easy access of training modules for students of all levels. Although technology has proved a point of difference for UOPX, it also is a hurdle for those intimidated by new advancements. Fear of technology is a consideration. The target market for UOPX is adults who have been away from college for 10-15 years or more. With this market comes a clientele removed from technology that did not exist when he or she enrolled in high school or college. This supports a strategy of establishing partnerships with organizations such as Microsoft or Apple to assist in managing server workload as well as attracting new customers. Staying ahead of the technology curve is essential, and organizations such as Apple can introduce new customers as well as offer new mediums of communication that can bring more awareness to each brand. One example would be developing an Apple tutorial available within the UOPX library. This would help to train, service the students, and enhance their academic experience. University of Phoenix needs to continue to enhance the on boarding process with orientation classes and a consistent stream of tutorials to engage new students to the online program. The current model includes communication networks including e-mail, blogs, chat forums and online forums. This is effective but will become dated if UOPX does not stay ahead of the technology curve. â€Å"Current struggles with bandwidth size for wireless networks is a good example of the need to anticipate and stay ahead of the competition† (Information Systems and Technology Articles, 2011). In addition to the software, it is important to be aggressive with hiring talent who is current with tomorrow’s technology. Recruiting from organizations such as Microsoft, Google, and other technology companies will inspire creative and innovative thinking that will assist in maintaining a competitive advantage and attract new markets. Value Chain Analysis University of Phoenix is an accredited college that is available for adult learners seeking a learning environment, which is flexible, has challenging curriculum, provides a supportive learning environment and is a top-rated college to attend. University of Phoenix has five goals that help students understand what key subjects are essential to his or her education; professional competence and values, critical thinking, problem-solving, communication, information utilization, and collaboration (University of Phoenix, 2011). University of Phoenix primary activities related to value chain analysis is apparent; the learning environment has been constructed. An online campus is available for those adult learners not able to attend an educational campus. The value chain support activities are readily available for any student to research via University of Phoenix website or by calling an academic counselor who can provide information and answer any student or potential students’ question or concern. Primary Activities University of Phoenix was technologically created so learners are provided the same learning experience as those students who attend on-campus classes. Virtual students can feel they are provided the same learning environment and are just as engaged as if sitting in a classroom. This technological edge gives University of Phoenix a competitive advantage over many other universities not offering virtual classrooms or just started to implement virtual learning. Dr. John Sperling, a Cambridge-educated economist and professor-turned-entrepreneur, established University of Phoenix in 1976. He saw an opportunity to cater to working adults seeking higher education by offering convenient class times at local sites (University of Phoenix, 2011). University of Phoenix is the nations largest private university, offering undergraduate and graduate degree programs at more than 200 locations as well as online in most countries around the world (University of Phoenix, 2011). Support Activities Many organizations use some type of support services put into place to help the people who need it. At University of Phoenix, there are support systems to help the students who require help. Most of the students at University of Phoenix are online students and the need for technical support and help desks are extremely important to facilitate with the success of the student. When students and instructors need to meet deadlines, the most important system in place is technical support. UOPX even has help desks for the student or teacher help him or herself instead of talking to a support specialist. Often this list is full of questions that can help solve many common problems. University of Phoenix has numerous types of help desks for the students not just for technical questions. (Regan and O’Connor, 2002. p. 246). UOPX has enrollment specialists and staff members available to help the student enroll in the program they are seeking and properly prepare for the upcoming course. Because University of Phoenix is predominantly online campus, help desks and technical supports are necessary from the start of the course to graduation to ensure the success of the instructors and students. These systems are in place and are usually 24 hours so that help is available when needed. Innovative Approaches University of Phoenix uses innovative approaches toward higher learning and uses the business technology to help them approach new information and old. Data mining is utilized by the business world to help them discover how customers like or dislike a certain product or process; University of Phoenix uses data mining to find new and old information that can be used in classes. Harvard Business School is considered one of the top business schools in the world; the professors teach information that can be useful in all business schools. The information taught by the Harvard professors is available online and in websites like those that are available in the UOPX library. By collaborating with sites like EBSCOhost, Gale PowerSearch, and ProQuest students can research information that has been reviewed by professionals from different sources. Another source of information and also a source of friendship that helps the University of Phoenix with communication, learning, and camaraderie are the e-mail, individual class threads. In addition, the new phoenix connect forums that allow students and faculty to keep in touch with each other. The online learning environment is new to many students and the idea that a person can receive his or her bachelorettes’ in an online class is hard for the professional world to grasp. According to a study about the online learning experience, â€Å"In comparing students who had and who had not completed online courses, Dobbs, Waid and del Carmen (2009) found that students who had completed online courses viewed the online experience as positive, would likely take more online courses and wished faculty would put more materials online† (Deggs, Grover Kacirek, 2010). With this in mind, the online education experience is improving and using more technology to help students gain access to the material that is available. Internet Use University of Phoenix uses the Internet to recruit staff, for customer service and marketing purposes. In the instance of recruitment of new staff, one can find job listings on careerbuilder.com and the phoenix.edu site. This is an added benefit for University of Phoenix to uses the Internet to reach a larger demographic of potential staff. Staff recruiters are available via e-mail if there are questions or concerns. University of Phoenix is quite transparent and open for comments and suggestions. When dealing with marketing, one can stumble across a non-University of Phoenix site and see a banner that can be clicked on to, acquire information about the school. â€Å"University of Phoenix is recognized as the pioneer of online higher education and has been at the forefront of advancing education through technology for more than 30 years† (Mary Berry, UOPX). With Phoenix Connect alone, University of Phoenix is not only tackling customer service for students but also a marketing tool for the university. Banners, blogs, videos, and social networking are exceptional ways that University of Phoenix has used the Internet. Potential students want to know that the university is on the cutting edge and can provide a quality education. By having these avenues to research and learn online are additional advantages and benefits to students and potential staff. Organizations to Move University of Phoenix must remain a dynamic organization with regard to technology. Using Michael Porters Value Chain model, technology is a key support system that influences each of the value chains (NetMBA: Business Knowledge Center, Strategy, 2010). For University of Phoenix to continue to look ahead to future opportunities for growth the outbound logistics and operations units will need to adapt to change. The operations value chain for UOPX is the transformation of the raw materials into a finished product or service. This correlates to the network and infrastructure that UOPX uses today. Advances in technology affect UOPX more than most organizations because they rely on this technology as a primary support system to present the finished product to its customers. Technology advances to increase productivity and service will enhance the website, increase the efficiency and speed of service, introduce new tutorials, and change the design and brand of the network used by students . How the product is delivered describes Porters outbound logistics value chain (NetMBA: Business Knowledge Center, Strategy, 2010). Brick and mortar organizations would refer to this as the packaging and presentation. Phoenix presents this value chain as the online experience it provides the students. Enhancements and technology upgrades to the library, blogs, academic advisory center, and access to the writing and mathematics center for excellence contribute to the online presentation that UOPX provides for the students. Advancements in technology will drive change with Phoenix because it is more than just a support system for the value chains. People upgrade technology at home and at work via communication media, smart phones, and wireless technology. UOPX must embrace this change and adapt it to the current model to remain current with the expectations of its customers and faculty. Embracing this change will ensure that UOPX is keeping pace with the expectations of the public, and stay ahead of competition using technology as a point of difference. Manager Responsibility An essential part of organizational change is the learning curve involved in the implementation plan within the organization. The four phases consist of vital key components involved within managements grasp include unfreezing change, learning, change, and refreezing. Unfreezing change is the management skill of making sure that all parties involved within the change ahead, are current, and prepared for the learning curve ahead. Management must create urgency for the need to change toward each individual. The second phase will include a period of learning. This will be considered the urgency brought upon by the first phase of needing to be prepared for adaptation of change. During this period, the change will focus on changing the old attitude so that each individual is acclimated for the new company vision. Vision during the implementation phase is extremely important to guide each individual. The next phase is called the change phase that takes place after the unfreeze phase. The most optimal time to introduce this phase is once everyone has communicated his or her differences or concerns about the phase. This will include organized meetings within the company to brainstorm within each department. Final phase of this process is called the refreeze phase. The refreeze phase will inclusively bring together the entire process and knowledge gathered by each process. Staff will be encouraged to attend the advanced training sessions created to make the change possible. Through attending these sessions or training classes, each employee will unknowingly become more comfortable with the change. Implement Change Participation will allow employees to be part of the planning and implementation process; he or she can contribute to identifying and understanding the goals of the strategic plan. Education is another factor to help overcome resistance to change from employees. Leaders should educate employees about the strategy before and during the implementation process. Education is a method that supplies individuals with information he or she needs to understand the reason for change. A method a leader can use in the negotiating process is to identify and offer incentives to individuals who resist change such as giving him or her important role in the implementation process. Management and Knowledge Every business needs a good manager to be successful. Without a knowledgeable manager the business will not thrive. One of the most important jobs of a manager is the ability to find and recruit new employee’s that will be able to aid in the success of the business (Change Management Learning Center, 1996-2011). Once the manager has the employee trained and ready to work, the manager will need to have the knowledge to manage the employees. Successfully managing employees is not easy and would require the knowledge of the laws and regulations of employee’s rights. The employees represent the business and are the people that the customers turn to for help. If properly trained and managed the employees will be a huge reason that customers will be loyal. Customer loyalty is partly based upon how much the customer can trust and rely on the business. So training employees to be the best representatives is the absolute most import job of a manager. Managers are also responsible for overseeing the daily business to include stock and supply. It is important for a business not to run out of anything that will help them be successful. The manager must oversee that equipment is staying in good repair and that all the employees be responsible for his or her own duties. Also when needed a manager must restructure any plan or process not working up to standards. Because of changing times and constant technological upgrades new processes are a must, and where there is new processes there must also be new training to learn new processes. The manager is the one person who everyone goes to, when there is an issue or problem it is the manager’s expertise and knowledge that will help the employees to have a good working condition Areas of Manager Knowledge At University of Phoenix, management must be knowledgeable of process re-engineering and restructuring, innovating application of goods and services approaches to managing employees as a vital element in the value chain, methods of achieving, and maintaining customer loyalty. To remain and compete as one of the top nation’s largest private universities offering degree programs in 200 locations as well as online courses in many countries around the world. An organization must be aware of what consumers want and need to keep up with the changing times and remain successful. â€Å"Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals† (Bateman Snell, 2009) . In today’s world of technology, University of Phoenix must be able to invent new ways of advancing the company, coming up with competitive advantages while staying progressive, looking for revolutionary technological advances. Planning involves analyzing current situations as well as projecting and estimating future requirements. Company Preparedness Top management in any company has the responsibility to communicate the organization’s vision and guide strategic planning. Consistent and clear communication with team members is other key factors to identify desired outcomes. Leaders will achieve success by simply communicating with the team his or her shared vision, achieving milestones, and celebrating large, or small wins. Team members should share in the vision without fear of reprimand because he or she voices an opinion or challenges premises. Internal Resistance Organizations understand that changes in technology are a constant in today’s business. Management needs to understand that with those changes individuals will react differently depending on how the information is conveyed to the employee. Management understands that individuals will have issues or concerns with new technology changes in the workforce. Individuals who have those issues or concerns should understand that management has his or her best interest in mind when making those changes. Organizations that have a direct communication style with those individuals will ask members of his or her staff what his or her thoughts are with the new change. This will give direct feedback regarding what individuals think about the changes. Individuals, who express those concerns, are more apt to understand the change and move forward. Managers who will use this style can understand that not all members of his or her staff will express his or her concern. Management should develop a straight talk with individuals when he or she has gathered information about any changes in technology within the organization. Management should be straightforward with individuals when the information is needed to be communicated with individuals so that the individual can understand the change and how this will affect his or her job. Employees who are included with developing changes will understand those changes and work on developing a positive attitude toward those changes. Management should understand that some individuals will not understand the changes and do not want to make those changes. Individuals who are part of those groups should be addressed as individuals who need extra attention and understand what concerns that he or she has. Those individuals are people who do not understand those changes and should have extra training to help those individuals with his or her issues. Management should include trainers with any new change in technology so that individuals could be trained on the new processes with the company. Trainers with a hands-on approach with employees are a tool that can assist with the negativity an employee may experience. Employees will be more open to express his or her concern with a coworker who is a trainer. The trainer can take that information and pass it on to management. Management can sit down and come to positive conclusions for all parties involved to provide better solutions to employees. The solution to resistance from employees during technology changes can be implemented differently. It depends on the individual and not every individual will be positive with any change in an organization with technologies. Management needs to let people know the benefits of those changes, and involve as many people as possible to ensure people can understand the changes. Involvement and open talk with employees with make the resistance dwindle as much as possible. Management must prepare for those changes and be open with individuals to show him or her change. Effective Communication of Change Companies are prone to change regardless of how hard an organization attempts to limit changes. Companies like University of Phoenix embrace change because they know it drives the competitive edge. Recently University of Phoenix went under some drastic changes for the betterment of the school and most important the students. This was highlighted in the media as well as on the Internet. One example of how the university effectively communicated changes was by having their representatives speak to the media and reporters about why they were changing compensation for employers and eliminated staff members. The following is a statement from a representative at University of Phoenix about changing compensation, â€Å"We are the first to do so among proprietary schools, and it is an important change that is clearly something that regulators and policy makers in Washington want to see† (De Groote, Michael of Deseret News). This statement alone lets any potential student know that the reason for the change is to align with what the government wants to see. This puts in the customers mind that the UOPX is serious about abiding to guidelines and policies. Making such a statement is a bold move and advantageous in creating the competitive edge for the university. Because the university is the first to make such a change this allows students whether new or old, know they are serious about the accreditation of the school. They proved this by making a tough decision even though it may have displayed weakness but were essential at the time. Ownership UOPX markets itself as an accredited institution that provides education at the highest level. It provides students an online library with resources that represent the integrity of the university and the product UOPX delivers to its students. This information and the content provided represent the outbound logistics and the sales and marketing value chain for University of Phoenix. The university packages this information to attract students to the benefits and value of the product. Accuracy, quality, and flow of this information (outbound logistics) will determine the success of this value chain and the impact on the entire system. If this value chain breaks down the synergy of the organization will be lost. The raw materials and operations value chains can be managed perfectly but if the logistics of the customers’ access to this information is flawed, UOPX will fail. More important, technology becomes a key support to this value chain because the content, accuracy, and accessibility of this information is a primary point of difference for UOPX. Leaders must have excellent communication with the technology team and logistics team to coordinate the product in a way that offers value to the student but not overwhelming him or her with complicated application to access the information. Accuracy and quality of the information will reflect the sales and service value chain. UOPX markets itself as an institution that affords students every benefit of a traditional brick and mortar university. With that statement UOPX must ensure that all information obtained from the students complies with privacy regulations and material found within the university library is credible. Communicate Change University of Phoenix is at the forefront of technology in an educational environment. The company is continually looking for the best technology to be used in the adult education field. To stay at the top as the largest private university the organization must be able to communicate internally with employees and externally with customers. Different resources reach out to different individuals. Apollo Group is the parent company of University of Phoenix. Within the walls of the company Apollo group uses several ways to communicate with employees about technology changes coming down the road. The organization uses both broadcast e-mail as well as individual e-mail to relay information on technology researched, beta tested, and progressed pertaining to the implementation plan. The organization uses an internal website and network to allow employees to learn more about different projects and give input to the project teams. Employees can access training materials for the new technology implemented or considered for implementation. Social Contract Social contract will meet these principles of social contract through actively contributing revenue earned through the successful implementation of new technology. This shows the benefit rather than just the revenue by exemplifying to the public that this company is in support and contributes to welfare of society and not just focused on maximizing profit. University of Phoenix’s annual report will highlight the progress of our social responsibility on many levels. Including furthering members of society education, minority help, donations to arts, and social welfare agencies that will improve many social conditions. Through implementing a well planned/organized technology, these standards of ethical issues will be met. Ethical issues concur with the science of human duty to one another. Giving social responsibility to society exemplifies an easy and unique decision for our future investors. â€Å"Primary functions, such as product research and development, production, and marketing; and support functions, such as human resources, public relations, and information systems† (Regan O’Connor, 2002, p. 17) are extremely important primary functions involved in actively and directly involving the production and marketing for this product. The IT department expanded to other departments of the new technology will correlate a focus on organization-wide management to develop skills of knowledge management in training and development issues. Ownership Any organization has social responsibilities to the community and the employees. Technology plays a role in that responsibility. Not only does University of Phoenix use technology to service its customers but also to help the employees of Apollo group. The University of Phoenix uses secure technology programs to transmit information with the Department of Education and Direct Loans. The students social security number, birth date, contact information, and sometimes banking information must be secure. Personal information must be protected because of privacy rights set in place by the federal government. One of the largest reasons to protect this information is identity theft. This would be the biggest failure of social responsibility. Technology Technology is used to help employees as well. Apollo group employs people across the nation. Human resources to provide benefits and pay to all employees use technology. Paperwork for different types of leave is transmitted electronically. Changes in personal information are kept on the human resources website. The University of Phoenix uses technology to improve and support the well-being of the employees. Through the internal intranet system, the employees have access to resources to become healthier, physically, and mentally. Through the same HR site, employees can view paychecks, vacation, sick hours, change personal information, and complete training. Technology is continually being used to help employees. Many items have to consider when researching going global. In fact, the world is becoming a smaller place in terms of business. With all the new technology, it is easy for a business to be productive in other countries. E-mail, video teleconferencing, the Internet, and e-commerce are some of the methods used by businesses so that they can be in more than one place. Many rules apply that may make the transition difficult if not known. Possessing an IT manager is a must when going global because of the rules and regulations of other countries for the Internet. Web accessibility in some countries is limited that would make setting up the Internet in another country difficult. Each country has policies and procedures that must be followed in order for use of the Internet to be used (W3C Web Accessibility initiative, 25 August 2006). This means that a company should understand the policies and procedures before they purchase their property in the country. Being online will be one of the m ost important tasks this business will have. Without the use of the Internet the business will be, blind so to speak from their sister locations, and this may pose a problem to the company. The long term effects of cultural and languages differences on a company’s business operations can be positive and negative for an organization depending on how that organization is prepared for that development. Organizations must understand the countries culture when expanding to that country. Different cultures have different customs that is acceptable and unacceptable in that country. The long-term effect of an organization moving into a country and conducting business not fully aware of those habits and customs in that country can result in very negative for that organization. Different nations have different customs that he or she is accustomed too. If an organization crosses those lines in the form of the employee, those employees will not work as effetely as he or she should. This happens because of an individual upset with the organization and spending more resources complaining about what had happen. This result for the organization will take time to resolve to make things work for the better. That organization must communicate with the employees and other members of the community what the goal is for the organization. If the goal is positive for both the organization and country than that business will result in a win-win solution for everyone involved. In an organizations standpoint it should be able to communicate effetely so that miscommunication cannot accrue. If an organization does have miscommunication, the organization must be able to correct that miscommunication as quickly as possible to save the organization from down time. Organizations can benefit from expanding globally if it is done correctly. The correct way to do this is to have research done on the country that the organization is looking to expand. This will ensure that the organization is successful in working with that organization. The long-term effect for doing business that must expand to stay competitive is positive for the organizations and expands employment for other people involved. Expansion is a necessity for organizations. With that necessity, the expansion should have the research needed to support effective communication within that organization. Ownership UOPX markets itself as an accredited institution that provides education at the highest level. It provides students an online library with resources that represent the integrity of the university and the product UOPX delivers to its students. This information and the content provided represent the outbound logistics and the sales and marketing value chain for University of Phoenix. The university packages this information to attract students to the benefits and value of the product. Accuracy, quality, and flow of this information (outbound logistics) will determine the success of this value chain and the impact on the entire system. If this value chain breaks down the synergy of the organization will be lost. The raw materials and operations value chains can be managed perfectly but if the logistics of the customers’ access to this information is flawed, UOPX will fail. More important, technology becomes a key support to this value chain because the content, accuracy, and accessibility of this information is a primary point of difference for UOPX. Leaders must have excellent communication with the technology team and logistics team to coordinate the product in a way that offers value to the student but not overwhelming him or her with complicated application to access the information. Accuracy and quality of the information will reflect the sales and service value chain. UOPX markets itself as an institution that affords students every benefit of a traditional brick and mortar university. With that statement UOPX must ensure that all information obtained from the students complies with privacy regulations and material found within the university library is credible. Communicate Change University of Phoenix is at the forefront of technology in an educational environment. The company is continually looking for the best technology to be used in the adult education field. To stay at the top as the largest private university the organization must be able to communicate internally with employees and externally with customers. Different resources reach out to different individuals. Apollo Group is the parent company of University of Phoenix. Within the walls of the company Apollo group uses several ways to communicate with employees about technology changes coming down the road. The organization uses both broadcast e-mail as well as individual e-mail to relay information on technology researched, beta tested, and progressed pertaining to the implementation plan. The organization uses an internal website and network to allow employees to learn more about different projects and give input to the project teams. Employees can access training materials for the new technology implemented or considered for implementation. Social Contract Social contract will meet these principles of social contract through actively contributing revenue earned through the successful implementation of new technology. This shows the benefit rather than just the revenue by exemplifying to the public that this company is in support and contributes to welfare of society and not just focused on maximizing profit. University of Phoenix’s annual report will highlight the progress of our social responsibility on many levels. Including furthering members of society education, minority help, donations to arts, and social welfare agencies that will improve many social conditions. Through implementing a well planned/organized technology, these standards of ethical issues will be met. Ethical issues concur with the science of human duty to one another. Giving social responsibility to society exemplifies an easy and unique decision for our future investors. â€Å"Primary functions, such as product research and development, production, and marketing; and support functions, such as human resources, public relations, and information systems† (Regan O’Connor, 2002, p. 17) are extremely important primary functions involved in actively and directly involving the production and marketing for this product. The IT department expanded to other departments of the new technology will correlate a focus on organization-wide management to develop skills of knowledge management in training and development issues. Ownership Any organization has social responsibilities to the community and the employees. Technology plays a role in that responsibility. Not only does University of Phoenix use technology to service its customers but also to help the employees of Apollo group. The University of Phoenix uses secure technology programs to transmit information with the Department of Education and Direct Loans. The students social security number, birth date, contact information, and sometimes banking information must be secure. Personal information must be protected because of privacy rights set in place by the federal government. One of the largest reasons to protect this information is identity theft. This would be the biggest failure of social responsibility. Technology Technology is used to help employees as well. Apollo group employs people across the nation. Human resources to provide benefits and pay to all employees use technology. Paperwork for different types of leave is transmitted electronically. Changes in personal information are kept on the human resources website. The University of Phoenix uses technology to improve and support the well-being of the employees. Through the internal intranet system, the employees have access to resources to become healthier, physically, and mentally. Through the same HR site, employees can view paychecks, vacation, sick hours, change personal information, and complete training. Technology is continually being used to help employees. Many items have to consider when researching going global. In fact, the world is becoming a smaller place in terms of business. With all the new technology, it is easy for a business to be productive in other countries. E-mail, video teleconferencing, the Internet, and e-commerce are some of the methods used by businesses so that they can be in more than one place. Many rules apply that may make the transition difficult if not known. Possessing an IT manager is a must when going global because of the rules and regulations of other countries for the Internet. Web accessibility in some countries is limited that would make setting up the Internet in another country difficult. Each country has policies and procedures that must be followed in order for use of the Internet to be used (W3C Web Accessibility initiative, 25 August 2006). This means that a company should understand the policies and procedures before they purchase their property in the country. Being online will be one of the most important tasks this business will have. Without the use of the Internet the business will be, blind so to speak from their sister locations, and this may pose a problem to the company. The long term effects of cultural and languages differences on a company’s business operations can be positive and negative for an organization depending on how that organization is prepared for that development. Organizations must understand the countries culture when expanding to that country. Different cultures have different customs that is acceptable and unacceptable in that country. The long-term effect of an organization moving into a country and conducting business not fully aware of those habits and customs in that country can result in very negative for that organization. Different nations have different customs that he or she is accustomed too. If an organization crosses those lines in the form of the employee, those employees will not work as effetely as he or she should. This happens because of an individual upset with the organization and spending more resources complaining about what had happen. This result for the organization will take time to resolve to make things work for the better. That organization must communicate with the employees and other members of the community what the goal is for the organization. If the goal is positive for both the organization and country than that business will result in a win-win solution for everyone involved. In an organizations standpoint it should be able to communicate effetely so that miscommunication cannot accrue. If an organization does have miscommunication, the organization must be able to correct that miscommunication as quickly as possible to save the organization from down time. Organizations can benefit from expanding globally if it is done correctly. The correct way to do this is to have research done on the country that the organization is looking to expand. This will ensure that the organization is successful in working with that organization. The long-term effect for doing business that must expand to stay competitive is positive for the organizations and expands employment for other people involved. Expansion is a necessity for organizations. With that necessity, the expansion should have the research needed to support effective communication within that organization. To allow a company to grow, the expansion globally may need to take place. Whereas this would be an excellent feat to take on, there are technology issues that can occur in the process. It is best to prepare oneself for any technology issue that may arise. First, it is important to understand where the company plans to spread globally and if that country is capable of meeting the standard s required in the United States. One issue that may arise is some â€Å"countries lack the infrastructure to support such technology† (Encyclopedia of Business, p. 1). If this occurs, a solution may be establishing intermediate technology for the time being. Another problem could be security when business is conducted online. Other countries may not uphold the same privacy acts as The United States therefore customers could suffer because of this. One key issue would be the Internet and how quickly information can be communicated. Looking at University of Phoenix the online students would suffer in another country if they did not have comparable Internet to the United States. This would hinder their schooling, and this would not be something the university would want for the student. Another factor would be the time difference and tech support available for students who need it in other time zones. Hence, it is crucial to research and know the location thoroughly so these technology issues would not take place. Team C completed extensive research on University of Phoenix’s technology plan and current upgrades. UOPX has a business description of giving all individuals the chance to receive a degree to improve his or her marketability and improving his or her lively hood. Technology has an enormous impact on UOPX because a majority of students attends classes on-line. The university has a stringent policy on proper conduct of students and faculty. UOPX requires and expects all stakeholders to respect and treat all students and employees with proper etiquette. In addition, UOPX has students and instructors around the world. This requires UOPX to establish technology and support staff that is well versed in the technology that is used by all stakeholders. UOPX has consistently been on the for-front of technological advancement for on-line classes. The university has consistently sought out the best and brightest individuals in the technology field to stay ahead of all other on-line universities. Because of being on the for-front, UOPX has continued to set the standard with-in the for-profit universities. References Information Systems and Technology Articles. (2011, April). Wireless Infrastructure: Can our Current System Handle Bandwidth Demands. Retrieved from http://www.phonix.edu University of Phoenix. (2011). Introducing PhoenixConnect: The University of Phoenix Academic Social Network. Retrieved from http://www.phoenix.edu/colleges_divisions/business/articles/2011/01/introducing-phoenixconnect-the-university-of-phoenix-academic-social-network.html Regan, E., OConnor, B. (2002). End-User Information Systems: Implementing Individual and Work Group Technologies. [University of Phoenix Custom Edition e-Text]. : A Pearson Education Company. Retrieved from chap7,pg.6 , TEC401 website. Deggs, D. Grover, K. Kacirek, K. (Sep. 2010) EXPECTATIONS OF ADULT GRADUATE STUDENTS IN AN ONLINE DEGREE PROGRAM. College Student Journal, 01463934, Sep2010, Vol. 44, Issue 3 retrieved June 4, 2011 from EBSCOhost Bateman, T.S., Snell, S.A. (2009). Management: Leading and Collaborating in a Competitive World. (8th ed.) McGraw-Hill. University of Phoenix, (2006-2011), retrieved on June 2, 2011 from http://www.phoenix.edu/ Change Management Learning Center. (1996-2011). An Overview of Change Management. Retrieved from http://www.change-managment.com/change-managment-overview.htm http://www.deseretnews.com/article/700088460/University-of-Phoenix-enrollment-drops-because-of-changes-to-enrollment-recruiting-practices.html NetMBA: Business Knowledge Center, Strategy. (2010). The Value Chain. Retrieved from http://www.netmba.com W3C Web Accessibility initiative. (25 August 2006). Policies Relating to Web Accessibility. Retrieved from http://www.w3.org/WAI/Policy Regan, E. A., OConnor, B. N. (2002). End-User Information Systems: Implementing Individual and Work Group Technologies (2nd ed.). Pearson, NY: Prentice-Hall.

Sunday, October 13, 2019

Brief Description Of The Economy Of Finland Economics Essay

Brief Description Of The Economy Of Finland Economics Essay Finland is highly developed industrialized country with a mixed economy with per capita of 50000$ which is nearly the same as Austria, Belgium, the Netherlands, and Sweden. Finland was not one of the developed countries until 1990s as they have lack of resources. They had Central Planned Economy as the other socialist countries. In 1950s half of the population had been working for the primary productions and Finland was relatively poor country compared to their neighbors, but in the 1970s, there was an industrial boom led by government in Finland and strengthened its competitiveness. In 1980s, Finnish government deregulated financial market and opened it to the foreign capital; therefore lots of foreign capital flowed to the firms and households. As a result, investment and consumption increased rapidly and the prices of assets got expensive. At the beginning of 1990s, Finland had suffered a serious economic risk as the collapse of Soviet Union and the economic recession in Western E urope and America. Finnish financial authorities tried to fix the exchange rate and therefore the exports decreased dramatically. Finland faced financial crisis caused by debts, and reduction of exports until 1993 and started to recover in 1994. In the course of recession, the government has proceeded restructuring its economic system. The Finnish government focused on export promotion in ICT industries by investing more in Research Development and education. Finland made dramatic changes in social and economical sectors and became one of the most competitive developed countries in the world. In the short period of time Finland has been transformed to the knowledge based economy with very high performance in the high-tech industries. Finland is a country of forest and lake. 86% of the countrys area is covered with forest and so in the past the forestry played a major role in the Finnish economy. Because of climate, the agricultural development is limited and it takes only 1/12 of the GDP. Now Finland has developed a modern, competitive economy. Export has a big impact on Finnish economy. Main exports are timber, pulp, glass ware, ceramics, stainless steel, engineering products and telecom equipments. Finland has a strong competitiveness in manufacturing the wood, metal, engineering, telecommunication, and electronics. Finland is famous for its high-tech exports such as mobile phones. The Finnish company Nokia which has 40% of market shares of mobile phone is well known all over the world. As Finland has lack of natural resources the biggest sector of the economy is services at 66%, followed by manufacturing and refining at 31%. With respect to foreign trade, the key sector is manufacturing. Industries like electronics (22%), machinery, vehicles and other engineered metal products (21.1%), forestry (13%) and chemicals (11%) takes the major parts in the economy. Finland has wood and several mineral and freshwater resources. Forestry, paper factories, and agricultural sectors are very important for rural population because they provide most of the jobs for rural residents. The Finnish government is paying attentions on these sectors because they are very important for controlling unemployment rates. Finland is highly integrated in the global economy, and international trade takes a third of countrys GDP. The European Union makes 60% of the total trade. The major flows of trade are with Germany, Russia, Sweden, United Kingdom, United States, Netherlands and China. As Finland has been among the free trade supporters, The European Union manages the trade policy. Finland has joined European Union in 1995 and in 2002 it became the only Nordic country to adopt Euro as its national currency instead of Finnish Mark. Employment rate in Finland was 68% and unemployment rate was 6.8% in early 2008. 18% of residents are outside job market at the age of 50 and less a third working at the age of 61. Impact of Fiscal policy and Monetary Policy on the economy There are some underlying economic factors that affect the major market trend. Factors like GDP growth rates, tax, interest rate, unemployment or threat of inflation, economic trends are the major determinants of what happens to the companies and their stock prices. Fiscal policy and monetary policy have widespread effects on the decisions and behavior of businesses and individual. Fiscal policy How the government gets the revenue, how to spend for the expenditure, how to deal with the national or public debt and how to budget are determined by the fiscal policy of the government. Fiscal policy consists of taxation, fees and fines, borrowings, government expenses on the expenditure and budgeting which affects directly to the national economy. Taxation plays major role in fiscal policy because most of the governments in the world get their revenue from taxes. Tax is a sum of money that individuals and organizations have to pay to the government at a specified rate which is imposed by government. There are two types of taxes which are direct tax and indirect tax. A direct tax is a tax that are imposed and collected on a specific group of people or organizations. For example, income tax would be a direct tax which is collected from the people who actually earn their income. On the other hand, indirect taxes are collected by intermediaries such as retailers from the consumers who actually take the economic burden. Sales tax is an indirect tax and merchants collect it from the customers and merchants actually dont take any burden. The rising in direct tax reduces the post-tax income of general public. This could motivate individuals to work more hours to maintain their target income that can lead more productivity. But on the other hand, individuals could be de-motivated since their income has reduced. The government has to introduce a low level of direct taxes like income taxes for lower income earners in order to motivate people to work extra hours and keep more what theyve earned. Changes to tax system can reduce the risk of unemployment and therefore increase the total GDP growth rate. For example, when the income tax is high, the households with low income are not trying to work extra hours as their net income is very low after the tax. If the income tax rate got lower, they can be motivated to work which increase the labor supply. The changes to indirect taxes have a strong impact on the demand of general public for goods and services. Rising tariffs on foreign cars can reduce the demand for foreign cars and helps to protect and develop the national car manufacturing industry. In Finland theyve imposed relatively high tariffs on some foods from abroad, in order to maintain stability of their agriculture. In contrast, government financial assistance (subsidy) has impact on reducing their costs of production, lowering the market price and helping to increase the demands. Tax changes can have a role on motivation of work forces and their overall efficiency and productivity. Reducing the rates of cooperation taxes and other business taxes can encourage the capital investments in the businesses. If the investment increases, the national capital stock can rise and the capital stock for the individuals can also rise. The government can also use some tax allowances to encourage more start-up businesses and increase and developments in RD. With the low rate of cooperation taxes and other business taxes can lead more inflows of foreign investment which might benefit both public demand and supply. Fiscal policy has been used as a tool of demand management for a long time by many governments in the world. The decisions of changing the fiscal policy must be made deliberately as it has a great impact on the general economy. The fiscal stance is a term that is used to describe whether fiscal policy is being used to actively expand demand and output in the economy or otherwise to take demand out of the circular flow. A  neutral fiscal stance  might be shown if the government runs with a balanced budget where government spending is equal to tax revenues. Adjusting for where the economy is in the economic cycle, a neutral fiscal stance means that policy has no impact on the level of economic activity. A  reflationary fiscal stance  happens when the government is running a large deficit budget. Loosening the fiscal stance means the government borrows money to inject funds into the economy so as to increase the level of aggregate demand and economic activity. A  deflationary fiscal stance  happens when the government runs a budget surplus. The government is injecting fewer funds into the economy than it is withdrawing through taxes. The level of aggregate demand and economic activity falls. The level of government borrowing is an important part of  fiscal policy  and management of aggregate demand in any economy.  When the government is running a  budget deficit, it means that in a given year, total government expenditure exceeds total tax revenue. As a result, the government has to borrow through the issue of debt such as Treasury Bills and long-term government Bonds.  The issue of debt is done by the central bank and involves selling debt to the bond and bill markets. Continuous running of large budget deficit can be a problem for government and the economy. The budget deficit can be financed by issuing of new government debt to investors from home and abroad. But if the budget deficit rises to a high level, the government might have to offer higher interest rates to attract buyers of the debt which will affect the general economy negatively. In the long term, government borrowings become a heavy burden as the government has to spend more each year in interest payment for the debts to the holders of government bonds and other securities. Therefore the government has to introduce a high rate of taxes which can hinder or decrease the growth rate of GDP, consumption and investment spending. This has happened in Finland in the 1990s which was the financial crisis caused by massive national debt. Fiscal policy should not be isolated from monetary policy. Monetary policy is made and developed by central bank of the nation to control supply of money within the economy. Monetary policy affects all the sectors of the economy but in different ways and with a variable impact on it. Monetary policy plays a very important role in controlling inflation, interest rate, exchange rate and money supply which has great impact on overall economy. Lower interest rates will lead to an increase in both consumer and business capital spending which increases equilibrium national income and also the growth rate of GDP. In the contrast, high interest rates will decrease the capital spending of both consumer and business which will definitely reduce the productivity and buying power. But raising interest rate can be used effectively used to control the inflation when it is caused by the bank credit. When the economy is in a recession, fiscal policy may be more effective in increasing spending and income by stimulating demands. But when there is inflation problem, it can be easier to control it by introducing monetary policies such as controlling interest rate, cash reserve ratio and open market operations. http://www.jftc.go.jp/eacpf/04/singapore_p.pdf http://www.odi.org.uk/sites/odi.org.uk/files/odi-assets/publications-opinion-files/6056.pdf http://www.cuts-international.org/pdf/CCIER-2-2008.pdf http://www.isnie.org/ISNIE06/Papers06/09.3/voigt.pdf q1 http://economydetail.blogspot.com/2010/01/allocation-of-resources-in-economics.html     http://www2.gsu.edu/~ecomaa/Lecture2.pdf http://economicsworlds.blogspot.com/2010/02/resources-allocation.htm