Thursday, January 30, 2020

Other Cosmic Quandaries Essay Example for Free

Other Cosmic Quandaries Essay Even readers with no prior experience with theoretical physics, cosmology, or astronomy, will find Death by Black Hole and Other Cosmic Quandaries (2007) by Neil deGrasse Tyson, very accessible. In fact, it may very well be the ideal starter manual both for aspiring cosmologists and non-specialist readers who are curious about the history and ultimate destiny of the universe. The vast majority of cosmology books are dry and overly laden with mathematical equations and technical jargon. While such information is very useful for specialists, it would instantly put off a non-scientific audience. Tyson, on the other hand, keeps his presentation engaging and fun by introducing each topic clearly and concisely, successfully simplifying complex astronomical concepts and making them easy to understand. On the subject of black holes, he helps us understand them by asking us to visualize certain phenomena with each of our senses. He also uses funny analogies and examples to explain physical principles. First, in seeking to prove that the laws of physics are universal, he suggests the use of science as a sort of universal Esperanto in gaining the peaceful acquaintance of alien cultures: â€Å"You don’t even know whether shaking their hands – if indeed they have hands to shake – would be considered an act of war or of peace. Your best hope is to find a way to communicate using the language of science†(p. 33). A few pages later, he proves the universality of physics by ordering a hot cocoa in a dessert shop in Pasadena, California. He ordered whipped cream with his drink, however, the chocolate mix did not show any evidence of it, in spite of the waiter’s assertions to the contrary: `Since whipped cream has a very low density and floats on all liquids that humans consume, I offered the waiter two possible explanations: either somebody forgot to add the whipped cream to my hot cocoa or the universal laws of physics were different in this restaurant†(p. 37). If the latter explanation was correct, perhaps said dessert shop could become a tourist site where patrons can hurriedly dine on entrees that disappear at random intervals. To introduce concepts such as x-rays, he cites popular shows such as Superman and Star Trek to give the audience a familiar point of reference. However, the most interesting part of the book was chapter 23, when he used the children’s classic ‘Goldilocks and the Three [Planets] to compare the habitability of Venus, Earth and Mars. Who knew one could compare planets to porridge? `Once upon a time, some four billion years ago, the formation of the solar system was nearly complete. ` `And among the dozens of planets that had formed, some were on unstable orbits and crashed into the sun or Jupiter. Others were ejected from the solar system altogether. In the end, the few that remained had orbits that were `just right` to survive billions of years† (p. 207-8). Of course Venus was much too hot with its oppressive atmosphere of carbon dioxide with an atmospheric pressure 90 times that of the earth. Even though it has a reputation for being the planet of love, the climate is most reminiscent of Hell. Mars, on the other hand, is much too cold. Even though there is water at the poles, the average surface temperatures are on par with the Antarctic†¦sometimes it can get even worse than that. Earth is just right because of its distance from the sun, a wide range of habitable areas (for a wide variety of species), and enough water to sustain them. Another enjoyable chapter was â€Å"Hollywood Night†, which highlighted many of the myths and misconceptions the film industry uses to entertain people. Overall, the book was lively and engrossing. Placing his work in the context of Galileo, James Joule, Jacob Cornelius Kapteyn, and Pierre-Simon Laplace, he brings the excitement of new discoveries closer to us. It is almost as though we are there with the great scientists of the time. After one semester of Astronomy, I was already familiar with most concepts Tyson introduces and could therefore very easily follow his arguments. The outline of the book was comparable to many philosophers because he would pose a question at the beginning of the chapter and try to present a compelling argument for each section. The only part that merits criticism is chapter five, which in my opinion is redundant. There are many experiments a reader can carry out with a stick and a patch of mud to measure time and the position of the sun, but the chapter does not introduce any new information or arguments. While Tyson successfully manages to infuse humor, unfortunately, the jokes tend to repeat and reappear in different chapters. For example, he twice mentions that if the sun were yellow, snow would also be yellow â€Å"whether or not it fell near fire hydrants. † Recently, there has been much discussion among many scientists and philosophers that mysticism and empiricism are not as separate as most people seem to think. The concluding section of Tyson’s book gives a strong and coherent description of the relationship between religion and science. Ultimately, Tyson concludes that there is no such relationship. In the future, I am looking forward to learning much more about life, the universe, and everything, but this is a good start for now. References Tyson, N. D. (2007). Death by Black Hole: And Other Cosmic Quandaries. NY: W. W. Norton.

Wednesday, January 22, 2020

Advertisements Help Women Make Informed Decisions Essays -- Advertisi

Do advertisements give us a false sense of reality? Advertisements aren’t supposed to portray real life. Feminists exaggerate when criticizing advertisements and the power they have on culture. The sole purpose of advertisements is to sell products, not to change society’s values, and marketers are less likely to shape our nation’s culture than to be shaped by it (Makin www.digitas). Advertising simply serves to inform us of the choices that we have as consumers, and leaves us to make rational decisions based on what we need (Ingham www.aber). Most women are relatively satisfied with their appearance and advertisements impact them minimally. Women are not affected negatively by the images they see in advertisements. Women don’t want to be attractive because advertisers tell them that they should be. Advertisers put attractive women in ads because that it is what men want to see and what women naturally aspire to be. Advertisements don’t tell us what we should want to look like. Rather, they show what we already want to be. They are not intended to â€Å"brainwash† individuals into purchasing their products over others. Jean Kilbourne states, â€Å"Eighty percent of American women think that they are over weight.† Of course, that’s because many of them are – according to the Framingham Heart Study, Seventy percent of women over forty years of age are indeed above their optimal weight (Makin www.digitas). People don’t want to buy products demonstrated by overweight models, because they associate being overweight with negative connotation. Advertisers use images that are pleasing to the human eye, thus showing the models we aim to be like. When we watch an advertisement on television, or look at one... ... The world of advertising is not the real world and is much different. Since we know this, we are able to look at the various aspects of how advertisements work and look at them with open eyes as well as an open mind. We understand how and why advertisements use specific techniques to sell products and that they are not out to make women self-conscious or to strive to live in this imaginary, perfect world. Advertisements help give us a better understanding of ourselves (Ingham www.aber). All things considered, advertisements help us more than they hurt us. They help us make informed decisions about the products we choose to purchase. By purchasing the best for us we are able achieve our goals and become the successful, beautiful woman that we strive to be. Sources Cited www.aber.com www.digitas.com www.social.com www.teenink.com

Tuesday, January 14, 2020

Gentleman of the Jungle

In Kenyatta’s The Gentlemen of the Jungle, man renders space in his hut to elephant who seeks shelter from man. Man resorts to violence after elephant and the rest of the animals take advantage of his kindness. â€Å" my deer good man, will you please let me put my trunk inside your hut to keep it out of this torrential rain? ’’ asked the elephant, knowing very well that he needed more space than just what his trunk was going to occupy. Man invited elephant to put his trunk in, once invited, the elephant pushed his whole body into mans hut pushing man out of his hut â€Å"as there is not enough room for both of us, you can afford to remain in the rain while I am protecting my delicate skin from the hailstorm† said the elephant. Against the one tone beast man was helpless so he seeks the help of the King of the jungle, who deems the elephant to be just. With no one to turn to for justice, man resorts to violence. Under the pretence of civilizing Africa, colonial powers entered into Africa and brought tobacco whisky and religion, once in, they took gold silver and spice to nourish their land as did the elephant to protect its delicate skin. Colonial inhabitants like the Elephant were big and powerful. Against their gun powder and muskets, the sharpest African spear is blunt; they were more advanced in weaponry and larger in number since Africa was then divided into many little tribes. There are several reasons why colonizers explored the world. Although their motive for Africa is made known after the colossal damage they caused in Africa, their facade was the premise of making the world a better place for all to live. The colonizers of Africa needed resources to build the life of luxury they wanted, but they had a problem; they did not have enough resources in their land to live the lifestyle they wanted; hence the exploration. The Colonizers took more than they were offered by the Africans. Elephants are known to appear calm and docile, but can be very violent. An elephant is unpredictable and can turn on any one at any time, with a high probability of causing colossal damage to their surroundings. According to www. discovery. com, an elephant is â€Å"the beast which passes all others in wit and mind. † With this knowledge of elephant’s capability to outsmart man, one can argue that elephant intentionally asked for man’s help with the ulterior motive of taking what is rightfully man’s property. The hide of an elephant is very hard and can withstand any burden; hence why the elephant is referred to as a beast of burden. The scientific name for an elephant is pachyderms, which means thick-skinned animals. Elephant’s statement that his â€Å"skin is too delicate† is insulting, and condescending to man, considering the fact that an elephant’s hide is very rough and rugged; a characteristic that is quite opposite of the delicate skin of man. One can argue that this is an effort by the author to give the reader a glimpse of the attitude of colonizers towards Africans; the attitude of the African being inferior to the colonizers. Once in Africa, in this case, man’s hut, with the size and might of an elephant, the natural inhabitants of Africa were pushed out of their land. How then does one defend himself from a beast that weighs a ton, to whom do you ask for help if your cry for justice is suppressed with what is an unjust law? The African allowed the colonizers on to their land and the colonizers established their own law on the land of Africa to judge and dissolve disputes how they see fit. Another point that sparks my attention as a reader is Kenyatta’s choice of the members of the animal kingdom. Why the choice of the lion, buffalo, leopard, and hyena as the intruders of man’s hut, and the members of the ruling committee of this case. Why not a cat, a mouse, or any other domestic animals? To further investigate the nature of these animals, an in-depth research was done on the personalities of such animals. The head of the Judging committee, the Lion, is notorious for its greedy nature. Lions steal what is not rightfully theirs. It is in their nature to take advantage of weaker species whenever the opportunity presents itself. The hyena is by nature a scavenger. The spotted African hyena â€Å"features prominently in African mythology and folklore, where its portrayal varies from being a bringer of light, to a symbol of immorality and depravity. †(www. wikipedia. com) African folklore associates the hyena with immorality and depravity; this says a lot about the hyena in this story considering the fact that it was a member of the unjust rulers of the animal kingdom, and also an intruder to man’s hut which he built for himself. Hyenas are opportunistic and consistently fight with lions in the wild because they’d rather steal the lion’s food than hunt for themselves. The rhino is a bully. Most people view the rhino as a slow lumbering animal; however, they can turn 180 degrees at the blink of an eye and when necessary can run remarkably fast. The leopard operates with stealth, and is known to be the most secretive, shrewdest and elusive of the large carnivores. It is the strongest climber of the large cats and capable of killing prey larger than itself. All of the above named animals have tendencies to appear docile, but have great capabilities of doing damage. It is not like the nature of these animals to even co-exist together. However, in this story, they, like colonial powers unite and form an alliance against man, the African. Like the recurring theme of colonizers taking Africa’s wealth, the animal kingdom continues taking from man. The colonial powers, like the elephant had ulterior motives of taking what’s rightfully the property of man, the African. This constant power struggle and trend of injustice and disregard for the African caused the African to seek violence as the ultimate problem solver.

Sunday, January 5, 2020

Acc 556 Week 1 - 1028 Words

Internal Accountant’s Report to Management | |Accountant | Memo To: Management From: Internal Accountant Date: 10/8/2011 Re: Government Bid Occupational fraud is defined as the use of a person’s job for individual enrichment through the purposeful mishandling or misapplication of his or her employer’s capital or assets (Wells, 2005). Occupational fraud can have a serious impact with far-reaching consequences. In 2004 for the Association of Certified Fraud Examiners (ACFE) conducted a survey that provided 508 usable studies of fraud for a total of over $761 million†¦show more content†¦The final category is conflict of interest. A conflict of interest occurs when an employee has an undisclosed economic benefit in a situation. For example, maybe the employee has a family member who works for one of the companies bidding on a project. If the employee knows that the family member will benefit and does not disclose the information to his superior than that is a conflict of interest. To begin the review process there should be some knowledge of the processes and procedures in the accounti ng department. It may be a good idea to observe all of the procedures that go into creating the financial statements. Look for any weaknesses or questionable practices and create a list of questions. Then in the next phase the auditor can conduct interviews to get a better understanding of the accounting staff. Observations and interviews can set the groundwork and provide information into any nuances or potential fraud or abuse. Any material weaknesses found can be further explored. Another recommended method for completing a status review is to work back from the financial statements. Make sure that all balance sheet accounts are properly documented and choose a handful of transactions to verify. In verifying the transactions it is important to look at the original documentation for each transaction. It is important to ensure that all of the documentation is accurate and complete. If there are missingShow MoreRelatedAcc 556 Complete Discussion Acc556 Acc 556 Complete Cour se Week 1 to Week 112045 Words   |  9 PagesACC556 ACC 556 Complete Course Week 1 to Week 11 Download Answer here http://workbank247.com/q/acc556-acc-556-complete-course-week-1-to-week-11/12254 http://workbank247.com/q/acc556-acc-556-complete-course-week-1-to-week-11/12254 http://workbank247.com/q/acc556-acc-556-complete-course-week-1-to-week-11/12254 ACC 556 Complete Discussion ACC 556 Week 1 Discussion Financial Statements  Ã‚  Please respond to the following: * From the e-Activity, analyze Apple’s most recent financial statementsRead MoreEssay Acc 556 Week 9 Acc556 Week 914012 Words   |  57 PagesACC 556 Complete Course ACC556 Complete Course Click Link for the Answer: http://workbank247.com/q/acc-556-complete-course-acc556-complete-course/22176 http://workbank247.com/q/acc-556-complete-course-acc556-complete-course/22176 ACC 556 Week 1 Discussion Financial Statements  Ã‚  Please respond to the following: * From the e-Activity, analyze Apple’s most recent financial statements. Based on your analysis, predict whether Apple’s financial health will likely improve or deteriorate over the nextRead MoreAcc 556 Week 10 Acc556 Week 1013988 Words   |  56 PagesACC 556 Complete Course ACC556 Complete Course Click Link for the Answer: http://workbank247.com/q/acc-556-complete-course-acc556-complete-course/22176 http://workbank247.com/q/acc-556-complete-course-acc556-complete-course/22176 ACC 556 Week 1 Discussion Financial Statements  Ã‚  Please respond to the following: * From the e-Activity, analyze Apple’s most recent financial statements. Based on your analysis, predict whether Apple’s financial health will likely improve or deteriorate over the nextRead MoreAcc 5561986 Words   |  8 PagesSyllabus School of Business ACC/556 Version 5 Forensic Accounting Copyright  © 2012, 2011, 2009, 2008 by University of Phoenix. All rights reserved. Course Description In this course, students are introduced to the conduct of fraud examinations, including a discussion of specific procedures used in forensic accounting examinations and the reasoning behind these procedures. Topics include an overview of fraud and abuse, forensic evidence, substantive procedures for cash outflow irregularitiesRead MoreIncome Taxation Solutions Manual 1 300300 Words   |  1202 Pagescorporations assets are used for business purposes, the corporation qualifies as a small business corporation and a subsequent sale of shares would be entitled to the Buckwold and Kitunen, Canadian Income Taxation, 2012-2013 Ed. Solutions Manual Page C-1 Copyright  © 2013 McGraw-Hill Ryerson Ltd. capital gain deduction of $750,000. Although Court will be subject to further taxation when dividends are paid to him from the corporation, double taxation will not occur to the extent that income consists

Saturday, December 28, 2019

How Advertising Affects Our Society Essay - 1438 Words

What is advertising? It is the billion-dollar industry that is slowly taking over our lives as they try to sell us everything. Advertising is an ever expanding force that has impacted every part of our society, including what clothes you wear, what electronics you buy, and what candidate you should vote for. Advertising is everywhere and in everything. It doesn’t only sell us products anymore, but ideas and morals. Look at any political ad to see what morals society wants humans to have. Ads have become powerful enough that they influence who becomes the most powerful person in the free world. They play off our emotions to create a desired reaction to manipulate us into buying their product and ideas. The sad part is we know we are being manipulated, yet we buy the product or idea anyway. They are still an inescapable part of our society. The â€Å"Ford f-150† ad in the June 2016’s edition of North American Whitetail features a grey F-150 driving throw a large amount of dirty water. It is set against a background of grey cloudy sky with an overpass running throw the ad diagonally from the top left. In the top right in large capitalized orange outlined text it says â€Å"This is the Ford F-150 and every other truck in history† directly under that it gives some claims including weight, power, and gas mileage. Under this box it gives the ford website and the â€Å"Built Ford Tough† logo. At the bottom of the page in the right hand corner in small white text they clarify theirShow MoreRelatedHow Advertising Affects Society And Our Lives901 Words   |  4 Pages Advertising has recently become a hundred billion dollar industry that affects society and our lives . On the other hand, the question still remains whether or not advertisers should be allowed to use children, and women to promote their products? In my opinion, I think that advertisers should not be able to use children to promote their products because they’re being used as sex objects, exploited, and being created artificially. When it comes to advertising , children and adolescents are particularlyRead More How Advertising Affects Our Society Essay397 Words   |  2 PagesHow Advertising Affects Our Society   Ã‚  Ã‚  Ã‚  Ã‚  Advertising is an important social phenomenon. It both stimulates consumption, economic activity models, life-styles and a certain value orientation. Consumers are confronted with substantial daily doses of advertising in multiple media. With the perpetual bombardment of marketing media, it is presumable that it will affect our individualism and society as a whole. This is an analytical approach to advertisings effects on the society.   Ã‚  Ã‚  Ã‚  Ã‚  ConsumerRead MoreEssay on The Effects of Advertising on Society 1585 Words   |  7 PagesIn a society where malls have replaced parks, churches and community gatherings, many people no longer take time to meet their neighbors; people move frequently as though cities are products to be tried, like differing brands of shampoo. These unfortunate occurrences can be the result of many causes, one of them being advertising. Advertising is designed to foster a desire to purchase goods and services, yet it is much deeper than that—advertising is a system of effective manipulation that twistsRead MoreThe Degenerative Influence of Advertising on Society Essay1563 Words   |  7 PagesAdvertising is designed to foster a desire to purchase goods and services, yet it is much deeper than that—advertising is a system of effective manipulation that twists the mentalities of those subjected to it. It shapes people’s views of the world and warps their connec tions to each other. Therefore, advertising not only shapes their personal values but also distorts them until their principles no longer come from within them. Thus, in my opinion, advertising, unless deeply rooted in high ethicalRead MoreInfluence Of Advertisements On Society1530 Words   |  7 PagesUnited States since 1841. Advertisements influence society on what to buy. Advertisements lures society into buy their products. The basic role of advertisements is to provide people with basic information about a product. Companies hire celebrities to be in the advertisement in order to get more consumers to appeal to the advertisement. In Jean Kilbourne’s article, â€Å"Two Ways a Woman Can Get Hurt: Advertising and Violence,† she discusses ways how advertisements sexualize women and make them act aRead MoreAdvertisement as a Social Phenomenon953 Words   |  4 Pages Advertising is an important social phenomenon. Consumers are constantly confronted with advertiseme nts in our daily lives. Seeing as how advertising is such a large chunk of our daily lives, it can be assumed that it will have an affect on not only us as individuals but our society as a whole. My question is â€Å"Are the affects doing more harmful than helpful?† As you yourself are a part of the body of consumers, you should take an interest in this. Think about this for a second, have you ever watchedRead MoreEffects Of Advertising Essay1249 Words   |  5 Pagesof everything our eyes see. We live in a world where we contribute to the prominence of advertising; however, the effects upon us are unknown. Advertising can be seen in the majority of the world, it has gotten to the point in which people become almost completely oblivious to them. People see advertisement in stores, in billboards, television, and even their homes. It has come to the point where people believe they are not affected by these ads but that is not the case. Advertising has various effectsRead MoreE ssay about Two Ways a Woman Can Get Hurt by Jean Kilbourne1577 Words   |  7 Pagestime now, advertising has played a huge role in how we identify ourselves in the United States with the American culture, and how others identify themselves with all the cultures of the rest of the world as well. It guides us in making everyday decisions, such as what items we definitely need to invest our money on, how to dress in-vogue, and what mindset we should have to prosper the most. Although advertising does help make life easier for most, at the same time it has negative affects on the peopleRead MoreAdvertising Vs Society : Close Your Eyes Essay1550 Words   |  7 PagesZuà ±iga1 Angela Zuà ±iga Advertising Assignment #1 September 8th 2016 Advertising VS Society Close your eyes. Think about a single commercial or ad that has caught your eye, made you look back or think twice; that one ad that echoed its catch phrase incessantly, and stirred feelings inside you. As you start to remember the sound of that catchy tune playing in its background, what exactly did it make you feel or think? Now ask yourself this, why is it still lingering in your subconsciousRead MoreThe Negative Effects Of Advertising And Its Effects On Society885 Words   |  4 PagesProducers use advertisement to sale their products. Society are using advertis as the use of communication and get a lot of informations from them. According to the writer â€Å" ...advertising, like any form of mass communication, can be a force for both good and bad. .† There are different types of advertisement, some of these affect peoples life and some of improve people’s of life. Although some believe advertisements can be a bad impact of society, advertisements is a very b ig guide and information

Friday, December 20, 2019

Keynesian Views On Money Price Relationship Essay

2.4 Keynesian Views on Money-Price Relationship Keynes accepted the classical view that increase in money supply causes rising prices or inflation only when the aggregate output corresponds to full employment and aggregate supply curve is vertical. Keynes published an article entitled ‘How to Pay for the War’ in 1940, in which he developed a demand side model incorporating inflation process with temporarily rigid prices in the labor market. The primary concern of Keynes was to provide space for the necessary increase in output during war where the economy had already reached the full employment level. At full employment level, as aggregate demand increases it results in inflationary gap. This inflationary gap can be removed either by taxation or by saving in such a way that aggregate demand equals existing output (Skidelsky 2000, 84). Snowdon and Vane (2005) write â€Å"Keynes, in his ‘How to Pay for the War’ (1940), advocated wartime fiscal restraint. This pamphlet is described by Vines (2003, p. 343) as a ‘marvelous piece of applied economics’ even if his plan was only partially adopted (Keynes believed that an alternative system of universal rationing amounted to ‘Bolshevism’; see Skidelsky, 2000, p. 68). Keynes’s analysis involved comparing aggregate demand, including war expenditures, with potential aggregate supply. Keynes (see Skidelsky, 2000, p. 84) defined the ‘inflationary gap’ as ‘the amount of purchasing power which has to be withdrawn control as the most efficientShow MoreRelatedNeoclassical Theory Of Keynesian Theory1578 Words   |  7 PagesNeoclassical-Keynesian synthesis? In what way does it differ from the Cambridge (UK) view of Keynesian economics? Intro The Neoclassical-Keynesian synthesis contains theoretical principles and ideas from both the Neoclassical school of economic thought and Keynes’ General Theory. The UK Cambridge Post Keynesian view of economics also contains elements from both these schools, yet the Neoclassical Keynesian synthesis and the UK Cambridge Keynesian bodies of economic thought differ in their views, methodsRead MoreThe Conceptual Framework Of Quantity Theory Of Money Essay1112 Words   |  5 Pages2.2 Conceptual Framework of Quantity Theory of Money A number of frameworks have been introduced by the economists regarding the concept of Quantity Theory of Money. Ajuzie Immanuel, et.al. (2008) opines as â€Å"The concept of the Quantity Theory of Money (QTM) was introduced in the economic theory in the 16th century. Jean Boldin in his book reprinted in 1924 argued that the reasons for the rise in French prices were abundance of gold and silver, monopolies, scarcity, the pleasure of princes, and devaluationRead MoreEconomics : Classical Economics And Keynesian Economics1665 Words   |  7 Pageshead. I will attempt to highlight the key factors of the two theories of economics: classical economics and Keynesian economics. Since Classical Economics is considered to be the first school of economics. I will start to explain this concept first. In the 18th and 19th centuries, there was a group of economists that worked together to develop theories to explain how market to market relationship work between each other. The most important contributor to the classical school of economics was the greatRead MoreEssay on Keynesian Revolution1244 Words   |  5 PagesKeynesian Revolution Classical economic theory assumed that a ‘free-market’ economy is a ‘self regulating’ system that continually tends toward a full-employment equilibrium, with optimum economic benefits for everyone. Therefore, the best government economic policy is to ‘excuse itself’ and give utmost freedom to individual enterprise. A key element of the ‘Keynesian revolution’ was its demonstration that these basic assumptions are false, both in theory and practice, and its assertionRead MorePost-Keynesian Economic Essay1317 Words   |  6 Pages Post-Keynesian economic was formed and developed by economists such as Joan Robinson and Nicholas Kaldor who believed Keynesian economics was based on disequilibrium and uncertainty, and that challenges the general equilibrium assumptions of neo-classical theory. The main aim of post-Keynesian economics is to complete the unfinished Keynesian revolution. Post-Keynesian economists fundamentally used ideas from Keynes and his concept of effective demand, Marxist economist Michael Kalecki to provideRead MoreKayne vs Hayek1370 Words   |  6 PagesMacroeconomists study aggregated indicators such as GDP, unemployment rates, and price indices to understand how the whole economy functions. They develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, international trade and international finance. The two major theories of economics are Classical Economics and Keynesian Economics. Classical economists believe that markets function very well, will quicklyRead MoreKeynesian, Monetarist, Fiscal Policy, Unemployment, Inflation898 Words   |  4 PagesKeywords: Keynesian, Monetarist, Fiscal policy, Unemployment, Inflation The Keynesian-Monetarist Debate When looking from both side of the Keynesians and Monetarist argument, we notice that both sides are correct in different terms. How unemployment is resolved in a labor market is opposed on the Keynesian side. While the Monetarist looked at the quantity of money, which should be increasing at a constant rate. The Monetarist reduce the money supply, which reduces the spending’s and increases theRead MoreNew Classical Macroeconomics Arose From The Monetarism And Rational Expectation School Essay922 Words   |  4 Pagesallowed to play its role spontaneously, which could solve the unemployment, recession and a series of macroeconomic issues. Keynesian economists believe that changes in the money supply will lead to changes in effective demand that will changes in the total economy. For economic cycle fluctuation, Keynesian economists believe that is a disequilibrium phenomenon. In 1960s, Keynesian economists appealed to the Phillips curve, which means monetary or fiscal policy will lead to lower unemployment rate andRead MoreEssay Keynesian Economics1662 Words   |  7 Pages and the rate of inflation. It is distinct from microeconomics, which is the study of the composition of output such as the supply and demand for individual goods and services, the way they are traded in markets, and the pattern of their relative prices. At the basis of macroeconomics is an understanding of what constitutes national output, or national income, and the related concept of gross national product (GNP). The GNP is the total value of goods and services produced in an economy duringRead MoreEssay about Monetarist and New Classical theories1452 Words   |  6 Pagesstress on the velocity of money, which is defined as the number of times a dollar bill change hands, on average, during the course of a year. The velocity of money is the rates of nominal GDP to the stock of money, or V=GDP/M= (P x Y) (M. Alternately, M x V=P x Y). The New Classical model, firms are assumed to be perfectly aggressive â€Å"price takers†, with no control over the price. For instance, manufacturing firms, airlines, and many other firms can choose exactly what price to set, but they have no

Thursday, December 12, 2019

Advantages And Disadvantages Of Outsourcing Business †Free Samples

Question: Discuss about the Advantages And Disadvantages Of Outsourcing Business. Answer: On the basis of the conducted research it has been concluded that the research depends on the advantages and disadvantages of outsourcing business. In the business corporations, the concept of outsourcing has brought a number of changes and that too a considerable level in the recent years. Nevertheless, in the present time, business entities have a propensity of dealing with the procedure of outsourced practices that could be maintained abstemiously low-ability practices and data focused services (Bryman and Bell, 2015). Apart from the fact that, outsourcing practices have been grabbed with the typical support and the developing of their negotiation has indisputably disagreed with some weight inside and outside associates. Nevertheless, it is also observed that expected improved two-way feature of supplier-consumers relations in the concept of outsourcing requires a focused reflection on its definition. The below presented analysis has been focused on the two given assessments and t he same has been presented as a reflective essay. Segmentation has been done for the essay and there are two major divisions which are made focused on the advantages and disadvantages of outsourcing business (Zikmund et al., 2013). The first part consists of the divisions which involves the creation of a clear understanding regarding the research methodologies which can be adopted by a business corporation. In this research the first part comprises of the analysis which has been conducted on the background. The analysis further consists of the description of the of the term outsourcing. The concept of outsourcing has been considered as a distinct experience for the business corporation (iek and Ozer, 2011). The term outsourcing can also be held responsible or referred as one of the significant tool which can be utilized by the business entity so as to attain the milestones of growth, business, and operational strategies. Further with the analysis it has also been concluded that the concept of outsourcing for the past years was considered as the offshore international sourcing which is executed by the business entities so as to develop amanagement in the expenses associated with manufacturing as well as to advance and update the performance of the firm. The presented report has been focusing on the process of outsourcing and also the advantages and disadvantages of the concept are also analyzed (Dolgui and Proth, 2013). Further, there was two hypothesis defined by the outsourcing practices in a particular business that showed a negative and positive impact of the practices. On the basis of the research and the analysis executed over the concept, I accessed some knowledge over the study and the same is required or can be utilized for the research techniques for offering a better perception of the process of outsourcing. This research comprised of the data which was collected from the primary and secondary sources. The main sources of data collection are the peer reviewed journals, reports and in case of collecting primary data the major source for study were results from IBM (Kang et al., 2012). Furthermore, number of data sources were included in this study such as sampling process, data analysis etc. By making use of thee sources and methodologies, I attained a sense of reliability and validity on the research mechanisms utilized in the study. But it has also been noted that the reliability of the research have some limitations in context of the primary analysis. Moreover, the research also lacks on some points such as a comparison of the studies which is required to be investigated for executing the outsourcing operations adopted by the business corporations. On the basis of the further analysis if executing additional research on the concept of the outsourcing and the associated practices outsourced to suppliers who have attained expertise in the specific areas (Hair, 2015). Such suppliers are making utilization of mechanisms and tools equipment for evaluating the results of the conducted analysis within a short period of time. And from all these analysis it can be inferred that with the assistance of this methodology, the business corporation will be aided in the business operations and will be focused and will efficiently in their core activities (Eriksson and Kovalainen, 2015). The concept will aid the entity in ignoring the othermanagement tasks as they can be done by the other related to the other outsourcing entities. And hence, this concept offers a sense of relief to the business corporation as now the focus will only be concentrated on their core objectives and goals. In addition, the other benefits of this process such as reduction in staffing cost, depletion in operational cost. Through this process the company can share the risk and it can also delegate the power and authorities. It will help to attain the long term goals and objectives of the firm. Through outsourcing process, the organization is able to share power and responsibilities with other minor outsourcing companies (Sreejesh, Mohapatra and Anusree, 2014). In this way, the company is able to gain long term advantages in the market across the world. After the various researchers, it has been evaluated that this process also helps to reduce and prevent the various mistakes and inaccuracy within the organization. This process also provides assistance to thehuman resource management in the company. It helps in recruitment, selection and performance appraisal process in order to hire potential and competent candidate in the organization. Now it has been analyzed that above mentioned report guided me to know and evaluate the merits and benefits of outsourcing process in the company. Along with this, it also explains the demerits of the outsourcing process. It reduces the efficiency and effectiveness of the company as well as employees (Wilson, 2014). As result it also reduces the profit and revenue of the firm. Further disadvantages of the outsourcing process include hidden cost and security threat etc. It also affects the productivity and performance of the employees. Further, various quality issues are faced by the company. Due to outsourcing process, the firm is able to maintain control on its business processes, procedures and policies. As a result, the firm has to bear major loss in the market. The organization is also not able to maintain confidentially in the organization due to ineffective outsourcing process. There is big gap between the capabilities and resources due to outsourcing process (Narayanan et al., 2011). Thus, it affects the growth and success of the company adversely. On the basis of the above conducted research it has been analyzed and concluded that according to these facts it has been noted that the business organization will be aiding with numerous advantages and disadvantages by making initiatives towards the concepts of outsourcing within their organizational structure and also in the operations and functionalities. And also the issues are analyzed and described which will be faced by the business entity after implementing the process of outsourcing. Whereas, if the implementation of the mentioned methodology has been done with a quality approach and done by a reputed company then there will be chances of low risk faced by the business entries. References Bryman, A. and Bell, E., 2015.Business research methods. Oxford University Press, USA. Zikmund, W.G., Babin, B.J., Carr, J.C. and Griffin, M., 2013.Business research methods. Cengage Learning. iek, I. and Ozer, B., 2011. The effect of outsourcing human resource on organizational performance: the role of organizational culture.International journal of business andmanagement studies,3(2), pp.131-144. Dolgui, A. and Proth, J.M., 2013. Outsourcing: definitions and analysis.International Journal of Production Research,51(23-24), pp.6769-6777. Kang, M., Wu, X., Hong, P. and Park, Y., 2012. Aligning organizational control practices with competitive outsourcing performance.Journal of Business Research,65(8), pp.1195-1201. Hair, J.F., 2015.Essentials of business research methods. ME Sharpe. Eriksson, P. and Kovalainen, A., 2015.Qualitative methods in business research: A practical guide to social research. Sage. Sreejesh, S., Mohapatra, S. and Anusree, M.R., 2014.Business research methods: An applied orientation. Springer. Wilson, J., 2014.Essentials of business research: A guide to doing your research project. Sage. Narayanan, S., Jayaraman, V., Luo, Y. and Swaminathan, J.M., 2011. The antecedents of process integration in business process outsourcing and its effect on firm performance.Journal of Operations Management,29(1), pp.3-16. Advantages and Disadvantages of Outsourcing Business – Free Samples Question: Discuss about the Advantages and Disadvantages of Outsourcing Business. Answer: Introduction: I have executed this research program on the topic Advantages and disadvantages of Outsourcing Business Function in Small Business. In this reflection, I have discussed the knowledge which I have gained by getting enrolled in this research program. I have also discussed the importance of the knowledge and skills gained for my future and for my professional life. This research has provided a quality experience to me. I have discussed the knowledge which I have developed regarding the research topic. In this research program, I have made discussion on the most common aspect of the business environment which is outsourcing business functions. While executing this research program, I have learned about the concept of outsourcing business environment and pros or cons of outsourcing business function. I have understood that the role and importance of outsourcing business function have increased with the change in the different factors of the business environment. Outsourcing can be defined as a delegation of the business environment to the other firm or external party and gets the task performed as per the agreed criterion. There are various factors which have resulted in rise in the number of companies opting outsourcing business function. These factors include a reduction in the cost, enhance the flexibility of business operations, and enhance the quality of the task or function outsourced and many more. I have gathered quality data for enhancing the knowledge of the different aspects of the research program. This knowledge which I have gained has provided clarity to my thoughts regarding the outsourcing business functions and its importance for small business. In this research program, I have gathered information related to advantages of outsourcing to business. These advantages of outsourcing business function include expertise in the function outsourced, enhancing the performance of the function outsourced, focus on the important functions of the business, reduction in the time and cost involved, reduction in the risks and reduces the efforts of the business. I have developed knowledge of various disadvantages of outsourcing business function. These disadvantages of outsourcing business functions include an increase in the risk to the confidentiality of the confidential data of the business, loss of control on the operations, hidden cost and delay in the work delegated. This research has enhanced my skills and knowledge regarding the topic of the research. The concept of outsourcing has gained much importance and I have analyzed that the number of businesses using outsourcing has increased. According to me, the learning process is an important aspect for one as it enhances the experience gained by an individual. I will apply the knowledge which I have developed during the execution process of this research for performing the tasks assigned to me with applying better approach. This experience gained while executing this research has acted as a base for the future knowledge. I have learned the manner in which I can conduct research programs. Learning process of this research has helped me in completing the research for meeting the objective of the course successfully. For the completion of the course, criteria of the research need to be met. For attaining the objectives of the program, I have analyzed the manner in which research programs are carried out. This course and program are crucial aspects of the future career and life as the knowledge gained can be applied in different aspects of the future career and life. As a professional, I will have to conduct market research activities or business research activities for gathering knowledge related to the task assigned to me. I will use this knowledge gained for attaining the goals of a future career in an enhanced manner. I have conducted this research by developing knowledge of the manner in which a business research is carried out. I have learned about the research topic as well as different methods or approaches which can be considered for collecting reliable and authentic data for the research. I have applied different methods or approaches for ensuring that I have conducted the research in most suitable manner. I have gathered data with the use of reliable sources. A questionnaire has been presented for gathering data related to the research program. I have analyzed various internet sources for presenting views of the different authors. This research program has contributed towards the development of my knowledge along with preparing me for better future opportunities. I would be able to take advantage of these opportunities on the basis of the knowledge which I have gained while executing the different activities of this research. This business research has encouraged me to learn different aspects which are required for completing the research program. I will use the skills for ensuring that the roles are being performed properly in future. Conclusion: In the assignment one and assignment two, I have conducted different activities. In the assignment one, I have presented information related to the research topic so as to execute the research successfully. I have collected data related to the research topic for ensuring that the objectives of the research are attained. I have formulated research objectives and research questions so as to guide the research program in the right direction. In the assignment two, I have discussed various methods or approaches which I have applied for gathering relevant data. Summary of the literature review has also been presented. The knowledge which I have gained will be used for attaining the objectives of the future role or career. This learning will ensure that the future roles are fulfilled and Im able to ensure that the proper methods are adopted for the attainment of the objective. Thus, it can be summarised from the above discussion that execution process of the research program has enhanced my knowledge by contributing to my skills. Knowledge which I have gained will help me in future in performing the roles and responsibilities assigned. This learning process has encouraged me for performing the future research programs in a better manner. I will use this knowledge gained for meeting the objectives set.