3A.
Data mining involves extracting meaningful information from data. There is much misinformation about data mining. The data is important, and data mining is a larger process applied on that data. It is not necessary that data mining be accurate, but important is to derive patterns and hypothesis. In short data, mining can also be termed as an automated extraction process of information from big data sets. There are various data mining tools and algorithms that enable the extraction of information, though some level of statistical expertise is required to use those techniques. Some data mining techniques are decision ...
Salary Course Works Samples For Students
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Objective 1:
i) Aggregate demand shows demand for real GDP by all the people in an economy, which they are willing and able to buy at different possible prices at a given point of time, holding other factors constant. The aggregate demand curve is downward sloping and shows an inverse relationship between price level and real GDP.
Following is the explanation for downward sloping demand curve, which is very much different from income and substitution effects of demand of a single product:
1) Interest Rate Effects:
When price levels increases in the economy, businesses and industries, have to borrow additional funds to ...
The labor market has become competitive on the highly skilled and qualified employees. Additionally, there are many companies that are entering the market each day attracting employees who are already working for other companies. For a company to compete, attract and retain qualified and efficient work force it has to compensate them for their labor and the contribution to the company (Bryant, et al., 2013). Moreover, the company has to compensate the employees for an exceptional work. This will make the employees feel motivated and they are appreciated for their work by the firm. In addition to compensation, the employees ...
- You owe £40 K in Corporation Tax: This amount will be recorded under the liabilities section as it is an outstanding expense, which the company is liable to pay.
- There are £15K worth of FPGA in the stock room: Since stock/inventory is a current asset for every entity, it will be recorded in the asset side under current assets.
- Paid £20K to a supplier for ARM Boards that are yet to be delivered: Since the transaction is prepaid and the company is yet to receive the boards, it will be classified in the ...
- It is not uncommon in today’s world to hear the news of termination of lower level or assembly workers in order to make leeway for large salaries of top executives to be paid. It is a matter of opinion whether such actions are justified or not. Many companies argue that it is the strategies adopted by the top management and executives that leads to the growth of the company, and hence they have first claim on the earnings of a company. However, people against such an action argue that this action is not justified because the assembly workers are ...
Introduction
A teacher’s database for their compensation is a significant component to fit the State information systems for education (Aldridge, 2007). The module is an examination of Alabama’s teachers’ salaries and making a clear comparison with that of other states in addition to an overview of the general US teachers’ salaries for the financial year 2011/2012. It is however, difficult to make teacher’s salaries comparison has every state pay its teachers under various conditions and considerations. Since the cost of living in US differs from state to state the annual salary that a teacher receives is not a good measure for ...
A financial reporting system refers to an established system of presenting an organization’s financial data, its operating performance and its flow of funds for a given accounting period. This system is guided by a set of accounting standards that dictate how particular transactions are reported in financial statements (Miller and Bahnson, 2002). The major components of financial reporting systems are the balance sheet, income statement, statement of retained earnings and statement of cash flow.
An operation budget is essentially an estimation of operations costs. The management can use this type of budget to measure variances with the actual operation costs ...
Findings
Based on the 2010 HSE data, we have done statistical analysis of all the variables as potential attributing factor to asthma. Variables such as salary, Smoking habits, Ethnicity, Drinking habits and Sex were analyzed. It was found that salary is negatively correlated with asthma or in simple words as the income of a household increases, chances of asthma reduce. Drinking was also found as a contributing factor to asthma. Heavy drinkers are less prone to asthma than non-drinkers. Also, it was established that there is not enough evidence that smoking causes asthma. It was also found that asthma is not biased ...
I am an employee of the Oxfam Pvt. Ltd organization presently working in my home city i.e. Chicago. I am an assistant marketing manager at the regional office of Oxfam Pvt. Ltd. My annual pay (about $52,000) has been stagnant for four years now and just recently I found it hard to cope to with the rising inflation rates. So, one day I decided enough is enough; I need a raise in my salary and made up my mind to approach my boss and voice my demands.
After finally deciding to raise my opinions to the boss I thought ...
Minimum Wage
Perhaps, the issue of minimum wage legislation is among the most controversial issues surrounding the labor market. In many a country, minimum wage is determined through collective bargaining rather than through the determination of the law. Instead of using statutory regulation in the determination of minimum wage, governments intervene by following an arbitration procedure. Minimum wage often covers employees engaged under private contract and employees in public enterprises. Categories of workers covered under the minimum wage include full-time workers, part-time workers, piece workers, casual workers, freelance workers, and agency workers. Minimum wage regulations gives exceptions to workers such as the ...
Cookbooks are products that are thought to create health problems to many people. As a result, the government has resulted in taxing the product as a way of reducing the consumption of the cookbooks. This type of tax is called sin tax. It is a tax that is usually imposed on products that are thought to be harmful to the people. Similar tax is levied on cigarettes and alcohol. When sin tax is levied, the supply of the cookbooks reduces. This is because the price increases hence the demand reduces because the consumers shift to other similar products. Therefore the producers are ...
My Career Choices: Economist or Accountant
It is important when choosing a career path that one chooses carefully before committing to any life-altering plans. This is, in part, due to the increased need for qualifications and education before one is eligible to enter a specific career path meaning that if upon embarking on such a path, the individual finds that they do not like the choices they have made then they have wasted a lot of time, money and energy in pursuing it. Therefore, to avoid this fate, I will be exploring two particular career paths that are of interest to me and investigating what the work involves, the ...
The United States government has been facing challenges in controlling the illegal immigrants who enter the country through the Southern Border. The Federal government has been tasked with the mandate of protecting the border however due to its wide territory it has been facing several challenges. The States that have been facing the border have enacted laws to assist them to deal with the crisis. The State of Arizona came up with laws that have stirred up high emotions across the country. Statistics show that in the year 2010, 450,000 illegal immigrants managed to enter the country through ...
THE GREAT DEPRESSION
The Great Depression
During the time of great depression, there was a sharp increase in demand for labor however the supply for the jobs significantly decreased. According to the law of Supply, the more the wages available, the more people would want to work. Since people are not willing to work under conditions whereby there are low wages, the number of employees willing to work during this time reduced significantly as the wages was also low. During this time, the employers’ response would be to hire more workers thus increasing the number of employees and hence paying much lower wages. ...
International Business
The two companies chosen for this essay belong to two categories; a government agency and a multinational company located in America. The two companies selected from the aforementioned categories are; Overseas Private Investment Corporation and Apple Inc. The Overseas Private Investment Corporation (OPIC) aims to support the American legislation along with solving critical developmental challenges faced by its citizens. On the other hand, Apple Inc. is a multinational with the aim of making a profit by providing high-end technological products.
OPIC provides investors with financing opportunities along with guarantees, political risk insurance, and supports private equity investment funds of its clients. However, ...
I. EXECUTIVE SUMMARY
This paper is a study about Creative Edge Parties, a thriving catering and service company in New York. It has been in the industry, serving restaurant-quality food and service, for 25 years. Carla Ruben leads her team through the mission and vision of delivering quality events. It is estimated that the company profits $500, 000 to $1 million annually.It received the “Best Caterer” award via the Bizbash magazine, a publication on event planning. Despite this, the recognition as the most popular caterer goes to Le Pierre while the top rated company is Amoraco. This is through Thumbstack, a search engine of food ...
Today teachers are broadly viewed as central both in the area of problems with education and as the ones who can solve it. School leaders and education researchers are facing the challenge of motivating teaching professionals for reaching high levels of performance. Only in this way the nation’s goal of teaching students to the highest standards can be achieved, closing the achievement gap at the same time.
According to the requirements of the Federal government, and the No Child Left Behind Act, all the teachers of academic subjects in schools and other educational establishments should be highly qualified. ...
- How did Gardner's actions match the description that Murray Rothbard gives to entrepreneurs and entrepreneurship?
Gardner is truly an entrepreneur. Professor Murray Rothbard describes an entrepreneur or a “capitalist-entrepreneur” as the person that invests in land and/or capital goods and uses these factors of production in the present for producing goods and services that will be sold in the future. The entrepreneur makes a profit if the rate of return he gets from this economic activity is greater than the prevailing general interest rates. This is brought about by his realization that capital or capital goods is “ ...
This paper will outline my financial plan. It will also put the plan into a budget that I will revise every year according to my financial consumption.
I am currently a graduate of Bachelor of Economics. I relied on the student’s loan and grants from both the university and charity organizations while in school to pay my school fees and meet my daily expenses. My inclination to student loans and bursaries was largely contributed by the fact that my family lived in reduced circumstances. I made it my obligation that I will pursue my education regardless of the obstacles ...
Discussion 1
According to FDU Magazine (1999), three out of every four American workers report stress associated with their employment with the United Nations’ International Labor Organization stating the epidemic is global. The effect in the United States is approximately $200 billion annually. A Wall Street Journal(Mantell 1999) survey reported one third of employees consider quitting their jobs due to stress and 14% actually did.
The major medical, behavioral, and psychological consequences of distress are:
- workplace violence
- an estimated 60% of lost work days are related to stree
- increased health care costs of approximately 75% to 90%
- mistakes in production
- employees ...
Introduction
The report includes a speculative summary which is highly rendered by the project submitter. The report includes the rules and exemption to work with an accommodated job in United Kingdom. The summary and the report includes the rules and regulations which are necessary as per working in the UK company, and it also discuss about the Tax redemption charges as per the incomes basis of an individual. The report even includes the taxation of any employee working in a UK based company. The rules and regulations are also jotted down to make the project analyst know about the main factual finding ...
Over the years there has been a great nursing shortage or rather a great demand for nursing professionals which surpasses the current supply locally, nationally or globally. This is backed by national surveys from the Bureau of the Census, National Council of State Boards of Nursing, American Hospital Association and Centers for Medicare and Medicaid Services. It is notable that the nursing service or profession is well diversified in order to meet a wide spectrum of health and needs. In the US there are core types of nurses Licensed Practical nurses or LPNs, Registered Nurses or RNs and Advanced practice registered nurses ( ...
Part I: A Problem Exists
In the past few decades, the debate regarding payment for college athletes has become a pressing issue for higher education, necessitating a deeper look into the consequences of paying college athletes such high amounts for their playing. Currently, the NCAA’s rules and regulations regarding student athletes’ compensation include a no-pay rule; NCAA member colleges are forbidden from sharing revenue with athletes, leaving the payment and budget to go to coaches and faculty (Edelman, 2014). However, the possibility of paying student athletes raises many different arguments. Some argue that the emphasis on athletics in the higher education experience has left other departments ...
Example Of Course Work On The Impact Of Combined Compensation Methods On Employees And Organizations
Introduction
The discussion on Human Resource Management and changing business environment received a lot of attention over the past decades in view of growing understanding of the role that individuals can play in overall performance of a given organization. Terms like organizational culture and performance emerged as part of integrated Human Resource management (HRM) and continue challenging academic and professional circles in view of complex response to existing performance management systems as well as multifaceted universe of motivation and retention constructs. In spite of growing interest and effective response to strategic HRM, a lot of organization still goes through the process of actual ...
Introduction
As modern contemporary society draws its attention to labor-intensive approach to production, business analyst has become interested in determining what could constitute to increasing workforce efficiency. This was when the concept of motivation came into place, and intellectual leaders in the likes of Frederick Winslow Taylor began formulating a model or framework that would suffice for economic efficiency alongside work productivity. It is not a surprise that economic institutions began extending its resources to help power the thriving and yet promising business economy. Frederick Winslow Taylor initiated the application of blending in the principles of science to the engineering of ...
Working as a manager of beverage and Food Company may be challenging especially when faced by rude and unsatisfied customers, this may require professionalism and calmness of the highest degree. There are several ways of handling such customers. First is holding the smiling face. It is important to remain professional no matter how belligerent the customer gets. Just keep smiling since this may neutralize his hunger. Second, if any case there was misconduct in management it is advisable to apologize and assure them their concerns are validated. Third is maintenance of neutral tone of voice (Heejung & June, 2009).
When a ...
Introduction
This paper has a sole aim to connect the features of a good training program in relation to other factors like the returns on investment and budgetary considerations in a profit maximizing business. The paper presents that a good training is conscious of the budget, the returns and has its focus on improving productivity and output of the employee base. Through researching on existing literature, this paper will aim to get a better clarification and understanding of the impact good training has on both the employee benefits and the company’s long run agenda.
Budgetary Considerations
Training bears various considerable influences on the finances of the ...
1. Putting in place a more effective ethics programs and a more viable code of conduct could have helped Nike alleviate some of the ethical issues faced by the company. Effective ethics program helps an organization “foster ethical decision making in business” Ferrell, Fraedrick & Ferrell, 2011, p.216). A more effective ethics program and a more viable code of conduct can help the firm evade legal problems because ethics program and code of conduct can help identify and prevent misconduct in an organization (Ferrell, Fraedrich, & Ferrell, 2011). Additionally, a strong code of conduct offers real value to a company. Nike must have a more ...
The concept of Strategic Human Resource Management has attracted a lot of attention from scholars and practitioners since it came to the surface in the mid 1980s. Strategic Human Resource Management has replaced the word “Personnel Management” in the field of Human Resource. Moreover, scholars agree that Human Resource Management is the right approach to managing people at the work place since it meets the requirement of what happens in the highly competitive market structure. Strategic Human Resource Management adds value and profits to companies while making managing fun and exciting since it challenges workers to think for themselves ( ...
Question 1. A
Everything business cannot utilize technology to enhance their business. A business of selling fruits and vegetables in a wet market cannot utilize information technology to aid them in selling their products on site because the business depends on the number of buyers coming, but it can utilize mobile technology to get orders and ask clients for their orders. Another business that can’t be helped by technology is the business of having a banana plantation. Of course, IT can help the business with the recording part but the actual increasing of banana fruit yield can’t be helped by IT. The ...
Accounting Cycles
Adjusting Entries: These are entries made at the end of an accounting year usually at the end of year. These are journal entries to ensure incomes and expenses are allocated in the period that they were earned and incurred respectively. The money may not have been received or paid out in the particular period but the expenses and income are accounted for in the particular year they were earned or incurred. This is known as accrual accounting. It is also the principle of matching principle since revenue and associated costs are accounted for in the same accounting period. There ...
Question 1
According to Chapter 12 (2) there are universal values that are used in most ways of life and at the same time are vary from culture to culture. The specific conditions that drive workers to put in all their energy and focus on the job depend on what they view as important. The Goal Setting Theory states that how individuals go about setting goals and achieving or responding to them.
1) The theory has been proven to work within one country and not in another because as explained, there are certain details that vary from one way of ...
Introduction
The AS-AD framework is a very useful economy tool, which reduces the economy into a simple model of supply and demand. The aggregate demand curve (AD) is given by the summation of consumption (C), investments (I), government purchases (G) and net exports (X-M). On the other hand, the supply curve is a function of the expected price levels. This paper uses the AS-AD model to analyse the economy at various levels of employment, and the adjustments that accompany movement various policy actions. It begins with a depiction of an economy operating at less than full employment, showing that economies often tend towards the ...
A business process management IT analyst constantly evaluates the production process of a company to ensure that it is up to the required level. He formulates new strategies to improve production and profits and develop the required processes and production procedures to ensure that the company cuts on production costs. Constant evaluation makes sure ineffective processes; equipments and members of staff are changed to improve profitability. He also leads and guides the team on the best production processes. This makes a business process management IT analyst an important part of the company as they directly impact on the profitability of the ...
Part 1
- In what ways did the video "The Crisis of Credit" demonstrate the failure of the banking industry's Fiduciary Relationship to investors and home owners?
The video explains a worldwide financial disaster that effected everyone. It started on the burst of the dot com bubble when the federal reserve of the United States decreased the interest rate to 1%. This value dramatically dropped the investment level because of the reduced ROI. This action made banks to take more and more loans from the Federal Reserve. The leverage increased as it became very easy to return a loan, so the demand for credit increased rapidly.
The banks took a lot of credit, and they were easily able to payback and made a lot of profits. Investors saw this as ...
Introduction
People working across different organizations, spend huge amount of time and significant part of life at workplace. This increases their expectations from the employers and it is essential that employers keep their workforce satisfied and happy in order to achieve efficiency in job performed by employees. Motivation is one the major factor that govern various aspects related with why people perform their jobs and what is driving factor that determine their overall behavior. A satisfied employee benefited the organization not by performing their job with full efficiency but also by reducing their absenteeism, encouraging co-workers and creating healthy environment ...
Law school tier system
Evidently, the recent past has experienced an increase in the number of students with the quest to pursue law. As such, various laws schools have been developed across various settings in the United States. Many at times, these law schools compete with each other; hence, seek to be ranked higher than its competing laws schools. As such, there exists a stratification system utilized to rank laws schools in the United States. Often connoted as law school tier system, this refers to particular compartment of university and college grading that targets law schools only. Many at times, such rankings are determined ...
The state where an individual or community lacks certain amount of money or the material possessions is described as poverty. On the other hand, absolute poverty or the destitution defines the deprivation of the essential basic needs by human beings including water, food, shelter, sanitation, clothing, education and healthcare. In addition to that, the relative poverty was described as the poverty affecting the economy or contextually seen as the economic inequality in the society or location where people live.
The group to be supported was low incoming families in the central urban areas. The proposal was on the general ...
Introduction
Performance Appraisal is a process of evaluating the performance of employees and their productivity in connection with certain predetermined goals and organizational objectives. Performance appraisal also measures other aspects of each of the employees including their organizational behavior, achievements, potential for improvement, strengths and weaknesses. Though performance appraisals are usually conducted on an annual basis, many companies are adopting the process of making evaluation on a quarterly basis. The objectives of performance assessment include 1) deciding and defining the performance goals, 2) evaluating the performance of the employees, 3) setting target bonus for various levels of performances and 4) giving rewards ...
- Identify three mistakes management makes in hiring hospitality employees.
The management remains prone to making certain mistakes while hiring hospitality employees. These mistakes take a toll on the services and business of the institution in return. Thus, it becomes extremely necessary to identify the common mistakes which are made while hiring the employees. The management at times is left in a situation where it has lost employees. Then it hires the first warm body walking in. This is beyond doubt a great mistake. Also, education cannot be taken as the sole parameter for judging a potential employee. This does not indicate the career growth of the person. The management should avoid hiring ...
INTRODUCTION
Civil Engineering (CE) is a career in existence since 4000 BC, where human beings begun changing from a nomadic lifestyle, to construct shelters (Narayanan 2003). Construction, design and maintenance of the structures has been made possible through the study of CE, to share scientific and physical principles. Currently, CE applies physics and mathematical principles in the study of design and construction of roads, bridges, buildings, dams, and canals (Narayanan 2003). The disciplines under the study relate to material science, soil mechanics, hydrology, geography, environment, design, and structures. To be a civil engineer one must pursue a Bachelor of Engineering degree, which takes three ...
Introduction and project description
Bench Fitness Centers (BFC) is a chain of eight fitness centers located separately in one area. Majority of the centers operate using similar equipment and also provide similar services. Some centers operate using different equipment and have specialized trainers (case study). The challenges facing BFC include an inefficient website that does not attract as many customers as they would wish, networking of computers and internet accessibility by customers, and client tracking. Having identified the challenges Bench Fitness Centers is facing in Information Technology (IT), a website makeover has been recommended, the creation of a network as well as the updating of computers. ...
Question one
The specific occupation I was searching from the O*NET website is that of mental health counselors. It was relatively easy to find the occupation because of the clear instructions given by the website. The website has comprehensive information that can be used to lead the researcher to the occupation of interest without any problems. The steps given are also clear, and there can be no confusion because the options are well labeled. From the O*NET Online link, I traced the Next Move button, entered the occupation I needed (psychology), and then selected the browse button. There was a ...
1. Claims of Globalism
Globalism is mesh of inter-reliance at a multi-continental level whereby, there is exchange of people, information, and capital between continents. An increase in Globalism is termed as Globalization while a decrease is De-globalization.
Globalization integrates global markets and liberalizes them
Globalism integrates global markets via the inter-reliance among the continents and liberalizes global markets through the divide between a state’s economy and the government, such that there is minimal interference from the government. The absence of government interference increases social interaction among the continents and the exchange of technology, labor, and wealth.
Globalization is unavoidable and permanent
The establishment of inter-reliance among the continents has been going on and will continue to take ...
Conducting a plan investment review is an important part of sponsoring any retirement plan. A review can provide your firm with a valuable opportunity to review key areas, and to help ensure that every area is operating efficiently and also you are providing a compelling retirement plan benefitting your plan participants.
Retirment Plans
Q.1. Discuss the types of questions that a plans sponsor should ask during the design, implementation, and monitoring phases of the development of plan investment provisions. Please provide an explanation of why asking the question is important. Bring in supporting references where needed.
A.1 These days people are living their lives attending ...
Are corporate executives compensated excessively? Why or why not?
The corporate executives are compensated excessively. It is documented that for last ten years, corporate executives were compensated three times more than the usual worker. The report reveals that a US Chief executive office earns 365 times more than what a normal employee earns a day, they are rated the leading earners in the whole world. For instance, in 1974, it was estimated an American CEO earned over 30times than a factory worker. Statistically, the rate of pay of the CEO gradually increased from 120 times in 1990 to 431 times in 2004. The reason behind these was due to corporate revenue increment ...
As a matter of fact, financial occurrences happen all through the year. In most cases, these financial occurrences are recorded in books of accounts, in various ways depending on their nature. Notably, the recordings are first made in journal entries which mark the first step in financial analysis. An example of financial entries that are made in accounting is the adjusting entries. Arguably, adjusting entries are associated with income statement accounts as well as balance sheet accounts, (Loren, John & Jefferson, 2009).
Importance of adjusting entries
In this context, adjusting entries can be defined as journal entries that are usually made when an accounting ...
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Question 1:
Before the meeting with Tom, Mary was nervous and anxious of about what the job review entails. She expected the job review to be challenging because she never attended to any of the job reviews. After meeting with Tom, Mary was overwhelmed with happiness due to the positive response and rewards she got from the job reviewed. Mary was highly appreciated and rewarded by Tom due to her exemplary and outstanding performance in the job. The Abraham Maslow hierarchy of Needs fits this case because both the low level needs and higher level needs are shown ...
Question#1
The null hypothesis is a hypothesis, which is checked for consistency with the existing sampling (empirical) data. Often used as a null hypothesis act hypothesis of no relationship or correlation between the studied variables, no differences (homogeneity) of the distributions (or parameters of distributions) of two and / or more samples. The standard scientific approach for testing hypotheses the researcher attempts to show the failure of the null hypothesis of its inconsistency with the available experimental data, that is, to reject the hypothesis. This implies that there must be adopted another, alternative (competing), excluding the zero hypothesis. Used in the statistical ...
A developed country is known by the growth and the level of its economy. Economy of the United States is the world's largest single national economy. The United States' nominal GDP was estimated to be $17.1 trillion in December 2013. Budget deficit affects the taxpayers to a great extent this is because government spending exceeds all the revenue. This forces United States government to increase taxes on the taxpayers. The deficit affects taxpayers forcing them to dig deep into their pockets to increase government revenue. This will, therefore, enable the government plan for its appropriated financial activities. The government will ...
Globalization brings about the needs of global companies to operate more efficiently with the aim to gain competitive advantages and to face the contemporary issues and challenges in the contemporary world. A critical factor in optimizing organizational efficient operations of these companies is the IHRM (Guest et al., 2000a; Guest et al., 2000b). The HRM operations helps in developing and motivating the workforce of the companies to improve skills, knowledge, and the modernization required for the companies to vie with ...
- Scope of the Project
The scope of the project is to create a robust software process for the organization. The system is named as MarketPlace Software. The creation of the software process involves creating database schema that supports the organization business and processes. The database also allows for storing of data, representing and querying the ...
Recognition of employees in an organization is the formal or informal acknowledgement of the behavior and effort of the person or team that support the values and goals of the organization. The good work of employees in the organization should be recognized in a timely manner. The people should be caught performing exemplary, and commendable work, and their efforts should be acknowledged. They should be encouraged for taking initiatives and risks. For example, the comment from senior authority or managers for employee that you are doing a great job, if you can do it in this way, it will be ...
Management
The tracking of employees in organizations has raised a lot of ethical concerns. Privacy is critical with many feeling that tracking is an invasion of their privacy. Information gathered while the tracking is not only about their performance or productivity at their workplace. The data collected can also reveal an individual’s habits, routines and even their decisions. Even though employers use the tracking technology as a way to improve the organization’s performance, the data collected can get used for much more than that especially if accessible to other people. Also, if the data does not get stored securely, it ...
1. Some hyper-globalizers claim we live in a borderless world where states don’t matter. Critique this claim by providing specific examples of the role of state in the context of globalization.
While globalization is incredibly powerful because the borderless world allows for the transfer of jobs, resources to be extracted and mobile individuals to access markets overseas, the role of the state is more important than ever. Amartya Sen's essay "Globalization, Inequality and Global Protest" makes the argument that a globalized world seeks a workforce that is educated, in good health and relatively “free” in order to maximize opportunities for ...
Why do firms feel that liquidity is desirable even though it may mean that the firm does not utilize the investment capability of cash?
CASH IS KING! This was highlighted in the article and has become the popular slogan at the peak of the 2008 financial crisis. Indeed, this phenomenon is more apparent in bad times than in good times when businesses and households are somewhat oblivious of their accumulating debt and complacent which entail potential liquidity risks. If for anything, a financial meltdown reminds everyone again of the importance of being liquid.
So why is liquidity important? In ...
Role of Federal Reserve
In the past few years, the Federal Reserve has come under increased scrutiny due to the financial crisis of 2007 – 2009. It has been criticized for lowering the interest rates, which resulted in cheaper mortgages, and thereby precipitating into a full blown financial crisis. Further, it has also been criticized for transforming itself into an investment vehicle, due to its role in quantitative easing, even though it helped in financial recovery.
Historically, it has been Federal Reserve’s dual mandate to maintain the stability of prices and employment. That it does by varying its federal funds target, by ...
Question 1
A deferred benefit retirement plan is one which involves the submission of contributions by the employer to a kitty set aside to benefit the employee upon retirement. This plan is an works by the logic of the employer holding back some of the earnings made by the employee and holding them in trust on their behalf. A traditional approach to the defined benefits plan is one where workers accrue a promise of monthly remuneration starting the day of their retirement up to their the date of their death. Some plans cover both the employee and their spouses and as such the ...
Employees enjoy better satisfaction, greater quantity and quality of their output from their job environment and less absenteeism when they feel valued and genuinely recognized for their efforts. Motivation programs help employees’ understanding of their input in fulfilling the duty of the team to the organization. Motivation plans can also aid in attracting and retaining top value staff. Elements that play a key role in motivation vary from an individual to another. They include challenging work, recognition, employee participation, job security and good compensation.
Due to the complication of the human and the associates’ aspects of motivation, many experts over ...
Entrepreneurs engage in different forms of business ownership in an effort to satisfy their business goals and objectives. Different types of organizations and organization structures are available in the present business world influenced by the type of environment a business operates in. This discussion focuses on four types economic concepts namely: Sole proprietorship, partnership, public sector organizations, and not for profit organizations.
Sole proprietorship
As the name suggests, a sole proprietorship is a form of business organization owned and managed by a single person. It forms the simplest type of a business to start because it does not fall under the categories of legal entity businesses. ...