Economics Critical Thinkings Samples For Students

1. In the unfortunate case of a natural disaster occurring, there are various measures which should be taken into account, vital in securing the general population’s safety. These are inclusive of amongst others: - disaster response, evacuation measures, food and water delivery, medical service provision, fire-control and the fixing of electric cable lines amongst others. Regarding Case 43 as aforementioned, there should be guiding principles which are appropriate for the existing measures of disaster coordination. In the field of disaster and emergency management, there are guiding principles, which provide both an ...

1). In the articles “Population Growth Sentencing Millions to Hydrological Poverty”, and “20th Century Power System Incompatible with Digital Economy” authors have described some ethical issues. In the article Population Growth Sentencing Millions to Hydrological Poverty, the author has described that there is a shortage of water in most of the countries, the demand of water is more than the supply, it is not even available for drinking. The scarcity of water is because of the increase in the growth of population, industrialization, and urbanization, and also because of over pumping (Brown, 2000). The article provides the solution ...

Question 1

The recent income distribution in U.S. indicates that the top 20 percent of the population earn above fifty percent of the aggregate income whereas the bottom 20 percent get 3.4 percent of the aggregate income. The main benefit of this unequal income to the economy and society is that it fosters economic growth (Krueger 8). The top 20 percent who receive more than half of the total income play the vital role of creating more jobs in the economy in terms of doing mega investments. The majority bottom 20 percent receiving the meager income own the skills required in ...

Any good is either a private or public good. A public good can be enjoyed by more than one person concurrently. Public goods are further classified as pure public goods and impure public goods. Impure public goods are goods that can be used by more than one person. The limit goes up to a point where exclusion is made possible. Impure goods are also known as club goods. In common property resources, impure goods are open for consumption to numerous people up to a point where restrictions are put and consumption restricted. The main difference between impure and pure public goods is ...

- Find an outline an example of one economic policy/practice from any country that fits into the realist perspective of IPE. Don’t all choose the same country

The great example of the economic policy in realist context is Russian gas policy. Currently Russia uses its neighbor Ukraine to deliver gas to Europe, however the emergence of new projects for Russian gas exports to Europe provoked the gas conflict between Russia and Ukraine, which began at the turn of 2005-2006. Then Ukraine created obstacles to the free transit of Russian gas to Europe. Particularly acute gas war was at the turn of 2008-2009. The absence of the Russian-Ukrainian agreements on gas supplies and its conditions of transit interrupted the supply of hydrocarbons from Russia to Europe through ...

- Discrimination
- Is discrimination still a major issue in the work place in this day and age?

According to the internet resource WiseGeek (2013), the word “Discrimination” is defined as treating a person in a less favourable manner based on specific characteristics of a person. Under the laws of the United States of America, the term “discrimination” is defined as “the act of denying rights, benefits, justice, equitable treatment, or access to facilities available to all others, to an individual or group of people because of their race, age, gender, handicap or other defining characteristic” (lawdictionary.com, 2013). While ...

How Can Workers Achieve a Balance between their Work and Social Life?

Structuration Theory
In the workplace, workers try to strike a balance between work and life. In the family context, life casts many demands upon the workers that force them to work harder and meet the demands. The credibility approach enables workers to weigh the importance between work and their social life. Workers weigh what is more important between socializing and generating revenue to meet the demands they have. Those who have pressing demands work for longer where as those who value their social time work for shorter periods.
The second approach is the rationalization approach. Workers prefer to ...

Introduction

China is the most populous country in the world. It is one of the fastest growing economies in the world. The population of this country is also growing at a steady rate. As a result, the demand for food in the country is growing with time. One of the reasons why the demand for food in China grows with time is the steady growth in the economy. As people’s purchasing power in the country increases, their eating habits change thus causing them to demand different varieties of food. Food security is important to a country’s growth and sustainability. Food security ...

Introduction

Rising levels of industrialization in Australia has led to increased demand for energy by both the domestic and commercial sectors of the economy. This is due to the fact that energy providing companies are parent firms to numerous firms especially in the manufacturing, processing and motor industries. As a result, it has been stated that energy is the vehicle for driving the economy to heights of economic growth and development. Without energy, rates of economic growth and development would stagnate or even drop in severe circumstances. However, in recent times, there have been intensified calls for energy companies to produce ...

Money is an economic igniter that has a powerful effect on spending and saving. Money makes economic transaction more efficient, therefore individual are better off with the money than without it. Therefore, from my personal perspective, I think am better off saving money than spending. This is so because I believe saving money is making money. For instance, last year I made around 11,000, I have 6,500 in savings and I spent the rest at the age of 20. I saved more money in order to secure a better future. Spending money is a daily routine because we have to ...

Introduction

Market capitalism refers to a market in which things like distribution, investment, and production are influenced by demand and supply forces. As such, the prices of both services and goods can be established in an economy with a price system that is free. Alternatively, it can be defined as an economic system where the industry and the country’s trade are controlled by the private sector without any sort of interference from the state. On the other hand, market socialism is one where methods of production and other economic activities are socially owned or publicly owned such as cooperatives. The essay ...

Introduction

In his essay on Canada’s changing national development trajectory, Hutton has discussed the nation’s economic transition to a ‘post-staples’ era. He makes it very clear that his notion and hypothesis of the changing phase after that of ‘mature staples’ is not absolute. Instead, it is much as the theory on society post-industrialization as proposed by Daniel Bell; they both observe and analyze changes in the economy of the nation, owing to social, political, cultural and/or spatial developments. And in this particular case, Hutton’s essay focuses primarily on the contribution of staples towards a developing Canadian economy. Hutton describes ...

Stability in the development of the higher education depends on the funding that is used to finance the required equipment and facilities in the institution. The important issues are to ensure that the higher education has sufficient and suitable equipment to deliver a high quality teaching and research that meets broader perspective on the educational, social, cultural and economic goals (Paulsen & Smart, 2012).
Resources are vital and fundamental in supporting learning in higher education. Therefore, financing of the institutions makes it available for the learning facilities. In so doing, regulations to control this sector are required to prevent over ...

Introduction

Capitalism refers to a form of political and economic system where country's trade and industry is manned by the private sector, rather the government. Every society is characterized by an uneven distribution of wealth and income. The speculated thoughts help a small percentage of the people in the society to gain control over the majority in the country. Therefore, the minority must, be able to find ways in which they sustain their status quo within the society. The majority group uses myriad ways to battle and be at the top of the prestige minority class. For instance, they convince the majority ...

The Customs Union of Russia, Belarus, Kazakhstan

THE CUSTOMS UNION OF RUSSIA, BELARUS, KAZAKHSTAN 2
The Customs Union of Russia, Belarus, Kazakhstan
I will consider the advantages and disadvantages of the Customs Union of Russia, Belarus, Kazakhstan in the table.

THE CUSTOMS UNION OF RUSSIA, BELARUS, KAZAKHSTAN 3

The Customs Union of Russia, Belarus, Kazakhstan
The main feature of the current global economy is the creation of different regional economic formations. Since the early 1990s, Russia has initiated several integration projects in the region. The Customs Union is one of them. The Customs Union of Russia, Belarus, and Kazakhstan became reality on the 1st of January, 2010. A customs union is a ...

Introduction

The process in which there is a decline of manufacturing in the region or society; for example, when a company closes down its production facilities due to being under pressure from the foreign competition. It is an economic and social change that happens due to the removal of many industries. Marx’s and Row thorn’s theory of de-industrialization is considered one of the earliest definitions, which say that it happens due to technological innovations . With the invention, work that is more physical is increased and with that, the capital increases. The machines then replace the labor and the rate of ...

Summary

This article reflects the theoretical and definitional literature which surrounds adaptation of rural communities to change which arise due to transition to economy based on knowledge. This article discussed and defined the benefits of community assets, community resilience, social capital and community capital by placing these concepts in a bigger framework of entrepreneurial social infrastructure. The socio-economic realities and history of Atlantic-Canadian provinces are woven together for keeping the arguments and literature review as important as possible to the current condition of the region. This paper discusses the factors which are involved in former community’s resilience and conditions which ...

The essay is about eminent domain practice by the government of New London, Connecticut. Eminent domain is the power of the government to seize property of a citizen, without owner’s consent with the aim of providing benefit to the public from that property. The court has established this law that it is sovereign right to take private property for the greater public benefit. The fifth amendment of United States Constitution state that private property cannot be acquired for public use, without just compensation, which means appropriate compensation has not be paid in case of needing the property for use. ...

Sustainable Development

Sustainable development refers to the environment that meets the necessary needs of the current without compromising the coming generations in meeting their needs. The present needs include food, secure environment, clean air, transportation, useful employment, peace, social sustainability, sustainable agriculture, job creation, good health and industrial development, sustainable economic advancement among others. Such needs often conflict with one another. For example, if an individual need to cook food-using firewood, he or she meet one requirement and at the same time degrading environment through deforestation and causing soil erosion. Sustaining the environment is, therefore, a trade-off between needs. Sustainability is defined ...

Introduction

“Foreign aid consists of all resources – physical goods, skills and technical know-how, financial grants (gifts), or loans (at concessional rates) transferred by donors to recipients” (Riddell 2007, 17). It can be in three different forms: bilateral, which is from one country to another, multilateral, which is from institutions like World Bank and IMF to other countries or institutions, and NGOs based foreign aid (Riddell 2007). The idea officially started from post World War Two even though many countries are found before that too helping the other countries in various forms of aid (Hjertholm and White 1998). The objective behind ...

Philosophy

Mill vs. Kant on Ethics and Free Markets

Introduction

Philosophy provides a framework for politics and economics. When approaching the subject of free markets, the viewpoints of Immanuel Kant and John Stuart Mill were divergent. Their philosophical viewpoints flow out of the ethics of deontology and utilitarianism.

The ethics of utilitarianism is built upon the framework of maximizing benefits to all members of society (Shaw 41). John Stuart Mill, a proponent of utilitarianism, propounded the moral corollary that “society ought not to interfere with people’s liberty when their actions affect only themselves (Shaw 19). Therefore, utilitarianism translates to free market economics ...

Introduction

In order to critically analyze the theories surrounding the development of tourism, it is crucial that this paper provide a brief picture of the situation of tourism sector in developing states. For the past few centuries, the definition of tourism as well as travel has evolved tremendously (Cohen 2010, p.5). For decades, traveling has been known to be a simple and temporary journey that focuses on leisure, pleasure and recreational reasons, in other terms, a luxury item. The 20th Century proved this wrong by ushering in a paradigm shift in regard to tourism. The transition has been found to have taken move between ...

There are three ways to solve the problem of North-South. Supporters of the liberal approach believe that the main problem is failure of developing countries to adopt in the national economies modern market mechanism prevents these countries to overcome backwardness and take their rightful place in the international division of labor. According to them (Moon, 2007), developing states should adhere to the policy of macroeconomic stability, economic liberalization and privatization of state property, in other words, Washington Consensus. Liberal approach can be quite clear found in the positions of many developed countries in the multilateral negotiations on foreign issues ...

The Name of the Class (Course)

The Name of the School (University)
The City and State
Sustainable Design and Construction
Abstract
In the recent past, several environmentally inspired projects have been built in the United Kingdom and around Europe. These projects have claimed to embody the principles of sustainable development. The Greenfield and Brownfield are examples of sites that have been used to parade such projects I bet in small scale. These projects have always presented debates regarding their sustainability and maintainability.

Introduction

In 2009, the Hometown foundation revealed an ambitious plan in south Lanarkshire to build a brand new town named Owenstown ( ...

- The World Trade Organization (WTO) is the third institution that completed the “The Bretton Woods Trio” formed by the victorious nations after WWII. Its main function was to focus on the trade side of the international economic cooperation that was already established by the International Monetary Fund (IMF) and the World Bank. It is responsible for dealing with the rules of trade between nations which they themselves negotiated and agreed on. However, people power groups protesting against globalization argue that WTO is mainly controlled and has become the platform of multi-national corporations in maximizing their profits at the ...

Throwing garbage in the yellow trash can instead of the black one is not admirable, but it may encourage people to think about their consumption and what sustainability means. It is one tool, and the last line of defense in a more comprehensive strategy to reduce waste. Recycling is not difficult, requires no sacrifice, and is much easier than changing lifestyle. It is much easier to recycle plastic bottles than it is to organize and participate in car-pooling. Trading in the SUV for a much smaller fuel efficient car could help, but many Americans identity is intertwined with the car or ...

Intentions (Thinking) Over Impacts (Results): A Critical Analysis of New Deal Liberalism through the Themes of Crisis Control, Community Construction and Creating Confidence
Often when we pause to reflect on history, in remembering what occurred, we tend to focus primarily on the impact and results of initiatives which were implemented. At the same, however, we forget or are unaware of the original thinking or purpose behind those same initiatives, policies, programs, and movements, etc.

New Deal Liberalism - Roosevelt administration – represents just such a space in time.

New Deal is credited for facilitating the development of several programs. For example, social security; agriculture; industrialization; and, growth in union membership. Banking ...

Establishment

Abstract
According to some scholars, globalization started with the discoveries in 15th century. It caused the creation of the first charter companies, exchange in the world scale, and the first international agreements. Globalization in the present stage of development becomes an object of special, maybe, even the greatest attention. It is due to the fact that globalization is primarily the actual development of the civilization in the late 20th and early 21st century that is the creation of a unified and coherent system in the fields of economy, politics, culture, and mass communications.
Key words: globalization
Globalization ...

Comparing White Women of Rural West Virginia and Black Males from Michigan

Introduction
Many of the life changing and life affecting problems white women face in rural West Virginia are consequences of poverty. These problems are of varied categories. For instance, there is a fairly low interest in education among rural white women and a primary reason for this is the lack of future employment opportunities in rural areas. Deteriorating women’s health and domestic violence are also major concerns among white women from rural West Virginia. Psychological issues such as stress and depression are common among women belonging to these areas (Mulder, et al 2000). Many of these health related issues ...

In this report, we are interested in determining if there is any relationship between the dependent variable (y) business friendliness and the independent variables: change in revenue, state economy, black, Hispanic, and Asian. In this case we are interested with a multiple linear relationships between the dependent variable and independent variable.

Problem statement

In this study, the main idea behind this work is to determine if there is any relationship between the regressor variable business friendliness and the predictor variables; Asian, Hispanic, Black, State Economy, and Change in revenue. These predictor variables may directly contribute to the dependent variable business friendliness. In ...

According to Aldo Leopold, the land ethic is a concept that extends the boundaries of communities to include waters, soil, animals, plants, or jointly: the land (Leopold, 1989). Land ethics defines a new relationship between nature and people, and set the stage for the current conservation movement. Leopold (1989) argues that ethics direct people to cooperate with one another for the mutual gain of all. His argument that land is a community is a foundational concept of ecology; however, the argument that it should be respected and loves is an ethical extension. As a result, land ethics reflects the presence of ecological conscience; that ...

HISTORY 110 QUESTION 6QUESTION: What expectations influenced Americans who chose to vote for Ronald Reagan? What is "Reaganomics," and what were the outcomes of Reagan's economic policies for the economy and society? Furthermore, how much of a conservative revolution took place during the Reagan presidency? Would you rank him as one of the greatest presidents of the twentieth century or has his legacy been over-glorified? Barack Obama was shrewd enough to note that Reagan was a transformative president, who left an impact because his star power and deep convictions along with political skills. When Reagan made his national debut, the transformations ...

Telecommunications is an important component of the national infrastructure of a country and plays a major role in national security. The telecommunications industry provides its services to several consumers, industries and government organizations. The infrastructure and the underlying telecommunications are the prominent factors in maintaining the economic and social life . Information technology and telecommunications is the backbone of the economic growth of a country and is a critical resource, which all economic sectors such as finance, transport, health, energy and other sectors rely on. The Business models are built on the smooth functioning of information system and telecommunications, such as the internet .
...

The current aging population is presenting a very serious economic challenge. This is very well evidenced in most of the research documents, and it gives us some right on how we are to perceive this whole perspective. When we commence asking ourselves about some questions such as who is responsible for the care of the Americans who are aging then we will begin to appreciate the relevance of this whole concept. As of now, the ultimate answer is no one specifically. This brings forth the social disaster that could be facing us. In this respect, this paper seeks to reconnoiter ...

Drug trafficking is a form of slavery that is rampant in America. Some people across the nation are contemplating on legalizing the vice which is detrimental to the society. Drug trafficking, as the article argues, has its advantages after legalization and its disadvantages. The article argues that legalizing the slavery of drug trafficking in America would be beneficial to the society. Legalizing drug trafficking would make life less risky and for free. The case argues that the money that will be collected from the legalization of drug trafficking can be reinvested back to the economy to assist in improving the ...

Business Cycles

Overview
There is a contraction phase where the economy shrinks, the trough phase where growth is in negativity but manageable; the Expansion phase is when growth rate turns positive and peak phase is where the expansion grows. This happens every time in a country's economy cycles.

With currently the biggest electronic industry in the world, Japan's free market economy is the third largest globally. Best acknowledged by its effectiveness and efficiency in exports; it is competitive and a good business partner. However, the Agriculture sector is dwarfed. The exports can no longer service the national economy, so the country has shifted ...

Richard Nixon (1913-1994) served as the 37th president of the United States from 1969-1974 when he resigned. An economic climate of high interest rates, large government spending and high inflation shaped President Nixon’s economic policies (Friedman, 16). President Nixon’s economic policies were geared towards making amends for the wrong economic policies that president Johnson had made.
President Nixon imposed wage and price freezes by taking advantage of the new authorities. He enacted price and wage controls to reduce inflation and strengthen the economy. He ordered for a 90-day freeze on all process and wages throughout the US ( ...

Changes in University

The article by Simon Young explains how changes in Universities Education have taken place since the earliest times to the present. To attract the interests of the reader, Simon Young has employed use of several techniques to make his article convincing. Such technique includes personal anecdotes, comparison and contrast.
The article begins with a personal anecdote. Simon Young explains his personal experience the University for over forty years. He then moves the reader through changes in academic research which he finds disturbing, “the purpose of this editorial is to discuss the current state of University research and explain why ...

Any approach that focuses on educational development contains many dimensions with numerous alternatives that a person can gain knowledge in terms of history, politics, social and economic aspects. Structures have different effects on the diverse environment, some of which are beneficial while others cause harms to the environment. Reyna Grande takes us through her life before and after illegally migrating from Mexico to United States in her book “The distance between us”. The teachings from this reading give a perfect relationship between structures and systems that affect diverse populations. Any education program provides knowledge in four basic dimensions; the function, the ...

Article Used : Economic Crisis Engulfing Developing CountriesAuthor Name: Martin Khor

Publication: Global Geo Politics and Political Economy
Link:
http://globalgeopolitics.net/wordpress/2014/03/07/new-economic-crisis-engulfing-developing-countries/

Introduction:

In this article, the writer Martin Khor has mentioned the downfall of currency in many developing countries and it impact on the economies.

Statement of topic:

According to the writer, the stock markets are facing down fall and thus it results in the fall of a currency ( Prins, 15). This downfall has now reached America as well so we can say that this problem has covered not only the developing countries but the whole world is coming in its way.

Thesis Statement:

The depreciation has a direct negative impact upon the economy of state and ...

When the source of livelihood for a small community no longer exists, they have to adapt or die out altogether. Many aspects determine whether a community regains its glory or fades. In small communities, the source of livelihood is often singular for a majority of people in the community. The importance of the source of income therefore ranks as the central pillar to the socio-economic health of such a community. The source of livelihood plays a much significant role socially as it does economically.
The problem of continuity in the face of face of adversity is an important one to the survival of ...

According to John Ashworth the rise of American capitalism led to increasing calls for the complete and unconditional abolition of slavery from the United States. In the text provided John Ashworth proves this claim. He proves the claim by explaining the underlying ideologies of American capitalism and how these ideologies eventually led to demands for abolition of slavery. Capitalism advocates for privately owned businesses which bring forth profits for the owners. According to ashworth this was completely in line with abolitionism. This is because as capitalism grew there was increasing demand for labor and calls for the work force ...

- There are abundance of literature and articles which are actually forming the relationship among the perceived pricing and its competitiveness. Organizational planners are still in the process of considering economic approach or perceived approach while estimating the pricing of a product (Wilkinson, 2005). In my view, organizations have to use the perceived value approach or strategy to set the prices of their products, because required profit margin should be added in the cost of making the product to earn economic profit, otherwise companies would have operating on the breakeven, or may incurred economic loss. Approaching the perceived value strategy ...

The main force behind the author’s idea to come up with this article was mainly to discuss some important factors about the international law. The law applies to all regardless of their status in the community at large; that is the world at large and more specifically those bound with the said laws. It includes both the powerful and the weak in terms of structures. The law is believed to be having some of its dark side despite its application to the members that subscribed to it. The author puts it that, “its uses by the powerful, its ...

Should Declining Fertility Rates be a Cause for Concern in Australia?

Australia has experienced a decline in fertility rates since the 1960s when the fertility rate peaked. According to the Australian Bureau of Statistics (ABS), the total fertility rate has remained below the replacement level since 1976 (ABS 2013). ABS also observed that women of all ages, occupation, or education level are having fewer children now than in the past. Another research dubbed “Battering the Evaluation of Care Health (BEACH)” revealed that 1.3 per 1000 encounters in hospitals between 2007 and 2012 were attributed to infertility (Britt, Harrison & Zhang, 2012) Majority, 81.6% of the infertility cases were reported in women. The ...

The word Globalization is frequently used whenever there is a discussion on development, trade and economy. Globalization is therefore understood as a process integrating the economies around the world so that they together constitute a global economy and is operated with the implementation of global policy making. This interlinking arises not only out of the movement of people, goods and capital but also due to the merger of many cultures across the economies. This paper evaluates the basic question of whether globalization brings equivalent benefits and opportunities to the developed and developing nations or it contributes to enlarging the gap between rich ...

I once decided to make an impulse purchase of a camera that was selling at a cheap price. This was a bad decision because I did not have complete information about the item. The camera a reject from the manufacturer, and it affected my finances since it did not last long before it became faulty.
I believe that NASA’s decision concerning emergency measures was impacted by economic interests. This is because NASA’s proposal identified the flyaway escape pods as prohibitively expensive and would cost $1 billion. They chose to use alternative emergency egress slide to save lives.
If I ...

CRITICAL REVIEW OF ‘SICK AROUND AMERICA’

According to the article, “Sick around America” by the Frontline, the number of uninsured in the United States of America is increasing by the day. This saddening situation can be attributed to the deteriorating economic situation in the country. The country is currently under a declining economic state that is leading to a scenario of massive job losses through lay-offs and job-closures. The economy being the pillar supporting all economic activities in the country has in turn negatively affected the health system, particularly the Insurance sector. Frontline reports that the private insurance system fails to cover close to 46 million Americans, ...

Distribution of political power can be categorized in three forms, where an individuals’ power takes the form of social order through their status. It can also be shown through the economic order of their class, while the political order entails the party. These aspects largely affect individual areas as well as other perspectives such as wealth, prestige and power. Power can be grouped into two dimensions; where one includes the possession aspect and the other is the exercising part (Staples, et al. 2004). The possession of power involves the ability to have authority within your jurisdiction that allows people ...

ECO 2105 – Principles of Macroeconomics

- How would building more universities change India’s current and future production possibilities? Illustrate your answer by drawing India’s current and future PPFs.
- Why is the reality of the unemployment problem in Michigan actually worse than the unemployment rate statistic of 15.2 percent?
Despite the unemployment problem in Michigan being high the real problem is the collapse of the auto industry combined with the housing crisis in the state. This means that the infrastructure neede to spur growth and subsequently employment will require revamping and will take time to be setup especially now that ...

The societal inequalities and discriminatory practices have haunted the women folk of the society from the ancient times of history. In the wake of globalization and blurring of geographical gulfs, the patriarchal norms and practices have taken a more complex turn and have come up to threaten the position of women more vehemently with all the discriminatory devices in its arsenal.
In the article titled, ‘Interactive and Intersectional Analytics of Globalization’ by Peterson, one comes across the discriminatory practices which are in vogue in the economic domain of the globalized world. The hegemonic transcendence of the masculine over the ...

- Introduction
This paper aims to explore and explain different issues associated with human rights. The focus of this paper is on the violations of human rights in China. In this paper, different theories of human rights have been discussed including rational choice theory, strain theory, differential association theory, and others.
- Discussion
- Human Rights: Theoretical Overview
2.1.1. Rational Choice Theory
The rational choice theory has made valuable contributions towards the development of international scholarship. The theory has described different aspects of international law within the framework of rational choice (Murdoch 989). The ...

National Differences and Political Economy

There are is a big relationship between corruption in a country and economic growth. Corruption will affect a country’s economic growth mostly negatively (Hill, Richardson & McKaig, 2006). Corruption among government officials goes hand in hand with public auction which is the theft, piracy, and blackmail by private individuals or individuals or groups. Public auction and corruption occurs public officials acquire income through excessive taxation. Requiring expensive licenses or permits from property holders, or taking property into ownership by the government without compensating the owners (Hill, Richardson & McKaig, 2006). Corruption can also be in the form of bribing a government official to obtain ...

Research Paper – Phenomenal Economic growth of Asian countries

In the last few decades there has been a tremendous growth in the Asian economies which as been as a result of various factors put together. This factors comprise of the population dynamics, the economic markets and the social political conditions.This factors are attributed to the immense growth which has made the Asian economies to be among the world’s most fast growing economies of all time. However the leading economy In Asia is China which is also ranked the second successful economy in the whole world.
Population dynamics has been over the years seen as a major facilitator of economic ...

How would you measure and assess effectiveness of a production capability?

Production capability the total output that a plant or an enterprise produces in a given period with existing capital equipment. It involves the balancing of inputs for the manufacturer to match output demand. Effectiveness is the capability of producing the expected results. It also includes preservation and enhancement of assets. An effective production therefore is production that meets the desired production goal (Blanchard, 2012).

The following methods are used to measure and evaluate effectiveness of production capabilities:

- Overall Equipment Effectiveness (OEE): it was a measure developed by the Japanese in the 1970s under the concept of Total Productive Maintenance (TPM). It is a function of production line availability, quality defect rate and process effectiveness ...

It’s Contestations in Contemporary Organizations

The Notion of Corporate Social Responsibility and It’s Contestations in Contemporary Organizations
Every action or business operation of an organization is in some way related to social factors. As such, it is unavoidable for a company to lay sincere focus towards being a responsible and active corporate citizen. In order to thrive under this social dependence, corporations need to collaborate with scientists, activists and thought leaders to make Environmental Justice economically feasible. While corporate social responsibility was once considered to be philanthropic activities that could only be afforded by corporate giants, the view of the business community has changed ...

Democracy emphasizes precise principles that define the role and position of all individuals in the society. Even though in most democracy the views and suggestions of the majority are supreme, minority section of the society has a role of enjoying their democratic rights. This means inequality in the society presents a violation of essential democratic principles (Margaret & Janet 49). Government agencies and officers should adopt mechanisms that would facilitate equality among all citizens irrespective of their racial or religion backgrounds to adhere to the existing principles that control and govern democracy.
Institutions that do not treat everyone equally are in ...

Discuss the contemporary public debate about some forms of foreign investment in Australia and provide your advice on whether the government should adopt stricter controls to address these concerns
Australian policies and engagements with other global states have been beneficial to the country’s economic, political, and social development. Job security and economic development in Australia have largely been increased by the country’s ability to sell its products in various parts of the world especially in Asia and European countries (Narlikar, 2010, p.79). Studies on Australian market affirms that international agreement has not only helped in marketing ...

Following the American Psychological Association’s Guidelines

Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development?
It is not given in the question, but I assume that the owner of the motel rents the land on which the motel built. At the beginning time, the motel s tarted in a less valuable location. The motel owner made a comparison at the beginning between alternatives. He could open another business at this location or he would not do any business and keep the money in a bank account for interest gains. However, ...

Sustainability has no clear line of definition as it means a lot different things to different people. To some, it could be a way of living with regard to the extent they can bear. Others could define it as the production styles they use in their flow of business, or a business as a whole. It could imply the responses to policies especially in the question of to what extent the environment that should be consumed over time (Ana Markulev, 2013).
Sustainability entails the ability to do an activity continuously. In sustainable development, the current needs are met without affecting the ability ...