Essay --

Inequality within organizations

Associations are foundations which are set up and set up dependent on a specific arrangement of destinations with the point of guaranteeing that the vision for which they are set up are acquired or figured it out. It is significant that associations are foundations which are set up and run by human beings.Advertising We will compose a custom exposition test on Inequality inside associations explicitly for you for just $16.05 $11/page Learn More For this situation the achievement or disappointment of an association to arrive at the expressed goals lay in the hands of the individuals who are concerned and all the more critically in the pioneer who spells the vision to the individuals who are inside the association. As an element, associations have their own societies and frameworks of activity. This infers there are associations which work on standards which guarantee that requirements of the staff in addition to the client or customer based are acknowledged and there are different ass ociations which might not have that viewpoint by any means. Contrasts will undoubtedly exist in the midst of individuals who hold various philosophies and conclusions about specific angles. This is a significant viewpoint in associations since it offers the association a chance to work and gel in a remarkable and assorted way. Be that as it may, there are cases whereby these distinctions achieve struggle. These contentions emerge when there is no shared conviction and thus instances of disparity crop up among staff. Disparity might be characterized as a circumstance wherein an individual sees that the person is getting short of what the person in question is giving, or is giving short of what the individual in question is accepting. This prompts the experience of strain, and pressure propels an individual to act in a way to determine the imbalance. In the long run the picture of the organization is hurt just as the efficiency of the representatives. It is significant as an executive to progress in the direction of guaranteeing that any type of disparity is settled. There are a few systems which can be utilized in settling imbalance and reestablishing value to the circumstance . As a chairman these are a portion of the procedures that may be put to utilize. These incorporate adjusting the person’s results, modifying the person’s yield, changing the examination other’s results, modifying the correlation other’s inputs, change who is utilized as a correlation with the other, legitimize the disparity and leave the hierarchical situation.Advertising Looking for article on business financial aspects? How about we check whether we can support you! Get your first paper with 15% OFF Learn More It is significant for a director to choose a technique or a lot of strategies. This isn't a simple issue, it is an issue which is exceptionally touchy and which has long haul outcomes, therefore as the head thinks about definition of a methodology and strategies to reestablish value, the scope of results of elective moves must be made into account. This is the main way which will guarantee that the impacts of the imbalance included are placed into thought and simultaneously the gatherings which feel abused are provided food for genially. Coming to an end result on the best way to manage the issues which are looked inside an association is very significant. This is on the grounds that it empowers the individual to be in a place of creating procedures that are moral and setting up a dynamic procedure which cooks for the requirements of the considerable number of people concerned. Fundamentally morals in associations can't be ignored in light of the fact that it educates the procedure regarding showing up at the ideal choice. Morally, showing up at the correct choice involves distinguishing the main driver of the current issue. This is finished by building up a bit by bit approach towards settling the emerging clash. In this procedu re one needs in any case a thought of the vulnerabilities associated with any moral issue. Besides the age of elective answers for the difficult which on occasion may involve isolating the characterizing issue and assembling more data towards settling the contention and ultimately continually acting constrained to guarantee that these contentions are brought under prompt control. References Cooper, T. L. (2011 ). The Responsible Administrator: An Approach to Ethics for the Administrative Role. New York: John Wiley and Sons. Nelson, D. L., Quick, J. C. (2007). Understanding Organizational Behavior. California: Cengage Learning EMEA.Advertising We will compose a custom article test on Inequality inside associations explicitly for you for just $16.05 $11/page Learn More This article on Inequality inside associations was composed and put together by client Bowen P. to help you with your own investigations. You are allowed to utilize it for research and reference purposes so as to compose your own paper; be that as it may, you should refer to it as needs be. You can give your paper here.

A Field Guide to Spotting Predatory Lenders

A Field Guide to Spotting Predatory Lenders A Field Guide to Spotting Predatory Lenders A Field Guide to Spotting Predatory LendersThe lending jungle can be a dangerous place, especially if your low credit score has you at the bottom of the food chain.Unlike those dang falcons, with their 800+ credit scores  soaring high above the trees without a worry in the world, the rest of us  have to constantly be on the lookout for predators. Specifically, predatory lenders. They can smell out a bad credit score from a distance of 20 miles and have fangs that can completely shred a bank account in under 10 seconds.That’s all metaphorically speaking, of course.  Real  predatory lenders dont have big fangs and lean haunches, they just have short-payment terms, sky-high interest rates, and super sketchy business practices.Heres your field guide to understanding if you might be dealing with a predatory lender.They don’t do a credit check.If  you have bad credit and need a loan, you might think you should avoid lenders who perform credit checks. But a lender who doesnt look for re d flags (like troubled credit history) is, in itself, a red flag. The right bad credit loan can be a handy tool in a time of crisis, but a sketchy no credit check loan is more likely to land you in even  more  financial trouble than you were already in.If the lender isn’t concerned about your previous payment history, there’s a good chance that their fees and interest are so high and their payment terms so restrictive that the lender knows they can make more money off you not being able to pay them back. Their business model depends on continuously paying interest and extending the loan instead of paying it off in a reasonable time.If you are going to a lender who uses credit checks, try and find one who uses a soft credit check. Unlike hard credit checks, these will not have a negative impact on your credit score, which, if you’re reading this, you probably don’t need to have further damaged.Watch out for “cash advance loans.”A cash advance is money you get from using y our credit card. You can take out cash within your credit limit, but the interest rates are higher than with normal use and there’s no grace period, so the interest starts accumulating immediately.However, if you see a lender advertising “cash advance loans” they’re probably just offering a payday loan or some other kind of sketchy predatory loan. Cash advances arent great, but they are much better than a lot of more dangerous alternatives. If you’re not using your credit card to get it, it isn’t a cash advance loan.Look out for short payment terms.Payday loans tend to have very short payment terms. Around two weeks, on average. And at the end of that time, you’ll have to pay back the whole loan, plus interest and fees. That’s not a lot of wiggle room.If you’re totally sure you’ll be able to pay it back in time, then there’s no problem. But even then: just because you plan  on having the money to pay the loan back doesnt mean you  will  have it.You might be saf er if you can find an installment loan that can provide you a payment plan that fits within your budget. Ideally, they won’t have a penalty for prepayment either. That way, if you are able to pay it all back within two weeks, you won’t have to pay nearly as much interest.Don’t give them your car.Title loans are a lot like payday loans, except they require your car as collateral. You get all the high interest rates and short payment terms with the added fun of losing your car if you can’t pay it.And its not like the chances are super remote either: One study from the Consumer Financial Protection Bureau found that one in five title loan customers gets their vehicle repossessed! That number is high.Skip the title loan and stick with an unsecured personal loan from a more reputable bad credit lender. Not being able to pay back a loan sucks, losing your car over it sucks way more.Read the reviews.When you’re looking for a lender, take some time to read their reviews online. T his should give you some idea about the lender’s business practices. And this goes for all kinds of lenders, whether theyre a storefront down the street or an internet-based  lender providing online loans.User reviews will give you an idea of how a lender treats their customers. If you only read a companys advertisements, youll always come away thinking theyre the bees knees. User reviews will give you a much clearer picture of what the companys like. Maybe theyre not the bees knees at all. Maybe theyre something much worse, like the bees, um, armpit or something.Using the mistakes or successes of other people is a great way to avoid mistakes and achieve successes of your own. You should still read the actual terms of any agreement before you sign it, but reviews can be a great source of supplementary information.They have bad customer service.Reading reviews should help you get a sense of if a lender has responsive customer service. Ideally, you want a number you can call with a real person on the other end who can help you immediately if you think you’re going to have trouble making your payments.A good lender makes money from customers that can actually afford to pay them back, and thus they should want to help you do so if you’re struggling. It should be a mutually beneficial relationship.A predatory lender just wants to (metaphorically) swallow your finances whole. Once you’re able to spot these shady players, you can avoid them and keep working on building up your credit. Someday, youll be one of those falcons, soaring through the sky and taking out falcon-only credit card with totally sick falcon rewards.To learn more about predatory lending, check out these related posts and articles from OppLoans:What’s Worse: An Overdraft Fee or A Payday Loan?Want to Avoid No Credit Check Loans? Build an Emergency FundYour Guide to Cash Advance ScamsHave you ever taken out a loan from a predatory lender?  We want to hear about it!  You can  email us  or you can find us on  Facebook  and  Twitter.

Great Depression - Free Essay Example

Sample details Pages: 12 Words: 3551 Downloads: 7 Date added: 2017/06/26 Category Economics Essay Type Research paper Did you like this example? 1. The financial crisis of 2007-2009 has been called the worst financial crisis since the one related to the Great Depression by leading economists. a) Discuss the main factors that have contributed to the crisis. (20 marks) The financial crisis was due to the bankruptcy of banks and extreme market volatility. Don’t waste time! Our writers will create an original "Great Depression" essay for you Create order One of the factors leading to the financial crisis was the growth of the housing bubble which happened in 2005 to 2006. Real house prices surged greatly, making residential real estate great and very safe investment. This housing bubble resulted in numerous homeowners refinancing their homes at lower interest rates. Therefore, it was very easy to borrow money, especially for purchasing a home. This caused the high default rates on subprime and adjustable rate mortgages (ARM) to increase quickly. Cheap and easy credit terms (low interest rates) and a long-term trend of rising housing prices encourage borrowing since the Federal Reserve slashed the interest rates to cope with recession and September 11 terrorist attacks. This affects consumption and investment to increase as people and firms will borrow more. Loans such as mortgages and credit cards were easy to obtain and consumers feel that they have the ability to repay within the stated credit period. Banks repackage the mort gages as mortgage-backed securities (MBS) and collateralized debt obligations (CDO) and these financial instruments greatly increased as borrowers want higher returns. There is also a lack of transparency and understanding by the investors. Thus, the risk in investing regular mortgage backed securities was considered low and it was sold to institutions and investors all around the world. In addition, investors invested more than they actually had capital for as they considered such securities low risk. This in turn contributed to the deflating of the housing bubble as asset prices move inversely to interest rates and it is risky to speculate in housing. USA housing and financial assets decreased in value after the housing bubble burst. Even so, many banks and firms still continued bundling the mortgages despite many of them had bad loans, and Wall Street kept buying and selling them to investors. Agencies that regulate the U.S. financial sector were also not paying attention. Besides easy credit conditions, both government and competitive pressures led to an increase in the amount of subprime lending. Major U.S. investment banks and government sponsored enterprises like Fannie Mae contributed in the expansion of higher-risk lending. Some banks and institutions were willing to lend money to homebuyers with poor credit. U.S. Securities and Exchange Commission (SEC) relaxes the net capital rule and this encouraged the largest five investment banks to increase their financial leverage and aggressively expand their issuance of mortgage-backed securities. Fannie Mae and Freddie Mac further expanded their riskier lending. The subprime lending increased United States homeownership rate significantly. Thus, rents decrease and house prices increase. The increase in housing prices stopped in 2006 and many subprime borrowers faced difficulties paying their mortgage and some was on the verge of bankruptcy. The losses in the subprime mortgage markets triggered u proar throughout the international financial system in mid 2007. Confidence in many financial institutions and stock market were also affected. When stockholders found out about the bad loans these firms were carrying, they withdraw their money immediately. The markets plummeted. Besides that, there was a lack in trust in banks and interbank lending was disrupted. Defaults and losses on other loan types also increased significantly as the crisis expanded to other parts of the economy. Demise of Bear Stearns happened in March. In July, IndyMac Bank went into receivership, but the worse of all was the bankruptcy of Lehman Brothers in September 2008. In conclusion, all this happened due to greed, lack of regulation and creative innovation in the financial industry. b) Assess the impact of the US financial crisis on the Singapore economy. (20 marks) Singapore was the first East Asian country to suffer a recession from the US financial crisis after July 2008. As Singapore is a small nation, we have to rely heavily on exports and almost 66 percent of its domestic production is exported. Singapores economy will hence be affected since its export partners are affected by economic crisis. The recession arises due to the reduction of non-oil exports in manufactured goods caused by the deterioration of economic conditions in the US and Europe. The slowdown is caused by the weak global demand for high technology equipments, an industry on which Singapore is heavily reliant. As a result, Singapore exports decline drastically. In the first quarter of 2009, trade fell by a sharp 24 per cent. Fluctuations in Singapores real GDP are closely related to changes in trade figures because Singapore is an open economy. Hence, with the decrease in trade, Singapore real GDP declines. Labour productivity in the economy has also been declining due to recession. Cyclical unemployment rate increases due to recession as workers are unable to secure similar paying jobs. Companies are encouraged to make cut wages instead of retrenchment. Consumption will decrease as people have less income due to pay cut or retrenchment. The industries that were adversely affected by job losses are manufacturing, transport, tourism and wholesale trade since these sectors are most exposed to the external economic environment. The manufacturing industry, which accounts for a quarter of the economy, contracted 11.5 percent in 2009 last quarter, compared with a revised 4.9 percent drop in the previous three months, mainly due to the persistent weakness in global demand for electronics, chemicals and biomedical products. Due to this financial crisis, Monetary Authority of Singapore (MAS) eases its monetary policy to combat slowing growth. In order to boost export, MAS shifted Singapore dollar to a neutral stance, making it cheaper in relatio n to other major currencies and making domestic exports competitive. The Singapore currency has declined 8.1 percent against the U.S. dollar in that period. However, this also implies that import of necessities will be more expensive which will affect the purchasing power of people, i.e. people will spend less. There will be lesser business for companies and they will be struggling to stay afloat. Inflation in 2008 was 6.5%, higher than expected owing to rising oil and commodity prices. Hence, we can see supermarkets like NTUC selling many household brands to help the poor/middle aged families to survive this financial crisis. Due to expectations that inflation will get worse, consumers will curb their spending and consumption decrease as a result. The exposure of Singapores banks to sub-prime mortgage is limited. Economic conditions in Singapore have been affected by the massive loss in wealth from the collapse of the stock market. This in turn reduces consumption and investm ent in assets. Businesses might not have the operating capital and some businesses cannot meet their operating expenses. The government plays an important role to combat recession. They tapped its reserves to tackle this crisis and implemented ways to boost infrastructure spending and public aid in its Budget. 2) The Singapore governments year-long scheme to help companies avoid retrenchments and keep unemployment numbers down has been extended for another six months till June 2010. (a) Explain the likely causes of unemployment in Singapore. The causes of unemployment in Singapore can be described under 3 categories namely, frictional unemployment, structural unemployment and cyclical unemployment. Frictional unemployment is short term unemployment associated with the process of matching workers with jobs. This is commonly seen in Singapore as people will always spend time to look for better jobs e.g. higher pay, higher satisfaction based on their competency. One example will be university graduates who may need more time to search for jobs at an acceptable salary. Structural unemployment is long term and chronic unemployment which happens due to regular and predictable changes in labour demand.Due to the revolving world, everything is changing which might lead to a decrease in demand for certain goods/services. Hence, structural unemployment may arise due to rapid changes in technology. Besides that, it could also be due to lack of relevant skills which are in demand by the employers, language barriers, discrimi nation on the basis of age, ethnicity and race and long-term mismatch as employees need time to learn new skills. Major shifts of consumption taste and a variety of other factors can reduce the demand for certain skills and increase that of others, thus making structural unemployment occur. Structural unemployment also exists where there is a mismatch between the skills of the workforce and the requirements of job opportunities or the workers live too far from the demanding area. For example, many unemployed workers from manufacturing industry found it difficult to find new jobs without re-training. Cyclical unemployment depends on the business cycle. It will arise when there is a recession (lowest peak of the business cycle) as the business cycle is low and many firms will reduce the demand for inputs, including labor in recessional periods when production declines. On the other hand, cyclical unemployment will decrease when there is economic growth (highest peak of the busin ess cycle) because total economic output is being maximized. b) Describe the various policies implemented by the Singapore government to solve the problem of increasing unemployment. PM New Year message 2010 mentioned that the government will continue to focus on preserving jobs, and helping workers who are unemployed to find new jobs. In December 2008, the tripartite partners launched the Skills Programme for Upgrading and Resilience (SPUR). SPUR was included in the Resilience Package in an early Budget 2009. SPUR offers training programmes to help workers upgrade their skills or acquire new skills for seeking re-employment. Through SPUR, workers have an opportunity to gain a competitive edge in the job market while employers are able to manage manpower, save manpower costs and retain workers by involving them in skills upgrading and development. This allows workers to stay employed, save jobs and strengthen their individual abilities during the recent economic downturn. Furthermore, the government also introduces a Jobs Credit scheme to help employers to retain their workers. This enables businesses to save jobs as much as possible, without the need to retrench workers. The Jobs Credit provides every employer with a cash grant to reduce their costs of employing Singaporean workers during the crisis. Hence, more Singaporeans will be employed. Workers have to make necessary changes in this economic downturn such as getting lower wages etc to remain competitive and save jobs. Businesses also have to find ways to cut unnecessary costs in their operations to save jobs. Furthermore, there is also a skill development fund (SDF) to subsidise training fees and its main objective is to give financial assistance to employers in order to encourage them to train/upgrade the skills of their workers. Continuing Education and Training (CET) Masterplan is another plan to prepare Singaporean workers for the future and develop a source of competitive advantage for Singapore. Workers can get help and advices on jobs and training that are suitable for them. Government is investing in this plan so that about 60% of residents can have a diploma qualification by 2010 and this helps to equip Singaporeans with the necessary skills when they are preparing to switch careers. It also forms a lifelong learning system to help workers find their potentials and seize new opportunities. Moreover, the government increased the mandatory retirement age to 62 to help workers stay employed longer. c) Evaluate the effectiveness of the Jobs Credit Scheme in reducing unemployment. Jobs Credit Scheme is implemented to encourage businesses to sustain jobs for Singaporeans in the economic downturn. This will provide every employer with a 12% cash grant (on the first $2,500 of monthly wages of each local employee on their CPF payroll) to reduce their costs of employing Singaporean workers during the crisis. Hence, it is encouraged that employers would hire Singaporean labour instead of hiring foreign labor (as they are cheaper) so as to enhance the competitiveness of Singaporean labour in the job market. This can help to reduce the unemployment rate for Singaporeans. However, a drawback of this scheme is that unprofitable companies would rather retrench workers than receive cash grant from the government. Hence, companies which will benefit from this scheme are usually big and stable companies which are able to survive through the recession. This is compared to smaller companies because they have to resort to measures such as retrenchments or cutting down cos ts in order to stay afloat. As such, higher unemployment and more job losses will still be inevitable. This scheme will also imply that companies would be more willing to hire local graduates. In contrast, foreigners need not contribute to CPF, unless they become Permanent Residents (PR) or Citizens. Without employees contribution, there would be no employers contribution and thus, hiring a foreigner is cheaper and many companies will still hire foreigners despite the benefits of the Job Credit Scheme. This scheme may also stop and employer would no longer receive cash grants for his contribution to the local graduates CPF account. As a result, employers would prefer to hire foreign graduates than local graduates due to the fact that it would be cheaper in the long run. Hence, the main issue is how long this job credit will run. It is impractical that it lasts for only a short term within this economic crisis because employability should be considered on a long-term scale. 3. Explain and evaluate the effectiveness of the other various fiscal policies which the government implemented in 2009 to deal with the economic crisis. (20 marks) The government has implemented the Resilience Package of $20.5 billion, to cope with an economic downturn. It includes measures to prevent loss of jobs, enhance business cash flow and provide support for Singaporeans as well as investments in infrastructure for the long term. The Resilience Package consists of five components: (i) Jobs for Singaporeans. $5.1 billion would be spent to help preserve jobs through Job Credits Scheme and related programmes like SPUR. This allows businesses to cope with cash flow. The Government will give low-income workers a temporary workfare income supplement (WIS) Special Payment to supplement their pay and encourage them to stay employed. The government will also create more jobs. (ii) Stimulating bank lending. The Government will launch the Special Risk-Sharing Initiative (SRI) to enable companies to have access to credit to continue their operations and preserve jobs. The Government will also enhance existing loan schemes e.g. local enterprise finance scheme and they have dipped into reserves to fund both SRI and Jobs Credits. (iii) Enhancing business cash-flow and competitiveness. Various tax measures and grants costing $2.6 billion would be implemented to help businesses with cash-flow and enhance competitiveness. Taxes work as an automatic stabiliser and this is evident in years of low GDP growth where, taxes would be reduced to encourage investments. (iv) Supporting families. $2.6 billion would be used to support Singaporean households especially lower-income households. The government will provide assistance to households i.e. increasing goods and services tax (GST) credits and senior citizens bonus, focus more on the most vulnerable groups by providing financial assistance schemes for education and provide support for charitable organisations and the community i.e. increasing citizens consultative committees (CCCs) ComCare fund and self-help groups (SHGs). (v) Building a home for the future. The Government will commit $4.4 billion to infrastructure development as it is an important feature of Singapores fiscal strategy. Hence, the government will bring forward infrastructure projects and spend on accelerating public sector infrastructure, developing our neighbourhoods and spending more on education and health infrastructure (due to aging population). I will say that the Resilience Package is effective because it has helped to reduce the unemployment rate in Singapore during an economic crisis. One example is NTUC which had work closely with employers to save jobs, instead of retrenchment to save costs. They have also sent workers for SPUR training and skills upgrading. Furthermore, this is evident that the Resilience Package helped Singaporeans from the economic crisis. Despite sharp declines in our GDP, foreign worker numbers fell 21,000, but local employment actually went up by 7,000 in the first half of 2009 which shows that Jobs Credit Scheme is effective. However, the Resilience Package is ineffective as it contains temporary measures such as the Jobs Credit for all businesses and Special Risk-Sharing Initiative which not be built into ongoing government programmes. Our government uses the discretionary fiscal policy (running a larger deficit in a year of low growth) which provides tax rebates to reduce tax collections, and spend more on goods and services, grants or tax credits to increase incomes. The effectiveness of discretionary fiscal policy is enhanced by the short implementation lags in Singapore due to our efficient tax and CPF systems that enable the Government to distribute transfers quickly. Fiscal policy in Singapore is financed from accumulated budget surpluses i.e. past reserves rather than from borrowing. This enhances the impact of temporary measures. However, discretionary fiscal policy has its limitations. Singapore is an open country. Hence, using it as a tool for macroeconomic stabilisation is more limi ted due to leakages of imports. Fiscal transfers on aggregate demand would not be effective because a portion of injections into households/businesses are kept as savings. On fiscal policy, reserves built up during the past years of strong economic growth reduce government charges and boost spending. Multiplier of discretionary fiscal measures is insignificant. Targeted transfers at the lower income such as GST Credits tend to have a higher multiplier. However, taxes and investments tend to have a lower multiplier which provide a longer term period to economic growth. It is clear that the Singapore economy cannot be left to recover on its own unless changes in policy are made. The government has already taken some measures to reduce costs and taxes over the last few months. These were steps in the right direction, but they were not the complete solutions to the problem. These changes should be implemented with the longer term developmental needs of the economy. 4. Some economists have warned about the possibility of a double-dip recession, with economic contraction following the current recovery. In your opinion, what is the likelihood of this happening? Give your reasons. (10 marks) I feel that Singapore is unlikely to sink back into recession as our financial sector is recovering, with assets of the 20 largest fund managers in Singapore growing 23 per cent in the first half of 2009. A reason why Singapore is unlikely to sink back into recession is because of the global competiveness. The world is cooperating on several projects which include Asia-Pacific Economic Cooperation (APEC) and G20. APEC is a forum which facilitates economic growth, cooperation, trade and investment in the Asia-Pacific region. APEC creates efficient domestic economies and increasing exports. Free and open trade and investment enables economies to grow, creates jobs and provides new opportunities for international trade and investment. Singapore will work with like-minded economies and international financial institutions like the IMF, World Bank and Asian Development Bank to advance free trade. G20 is an UN climate change conference where countries will come together to solve th e problem of climate change and work towards an ambitious outcome in Copenhagen. From here, we can see that protectionism, which could affect global trade and growth, has been closely monitored. Singapore is working towards closer regional economic integration and pursuing different free-trade initiatives to expand our economic network. We are restructuring our economy so that it remains nimble and competitive. The government has taken a few measures to revive demand in the system through stimulus package. They guarantee that businesses will have sufficient funds for their daily operations. Given our strong economic fundamentals, the government is able to take rational measures. Furthermore, the savings we have put away (by building reserves) during good times, Singaporeans tackling challenges together and social cohesion will bring us through this economic downturn. Citations https://www.economywatch.com/unemployment/causes.html https://www.channelnewsasia.com/stories/afp_singapore_business/view/1029885/1/.html https://www.channelnewsasia.com/stories/afp_world/view/1016687/1/.html https://www.apec.org/apec/about_apec.html https://edition.cnn.com/2009/US/01/29/economic.crisis.explainer/index.html https://www.straitstimes.com/Breaking%2BNews/Singapore/Story/STIStory_427548.html https://tutor2u.net/blog/index.php/business-studies/comments/qa-what-are-the-main-causes-of-unemployment/ https://www.mindef.gov.sg/imindef/news_and_events/nr/2002/nov/23nov02_nr/23nov02_speech.html https://www.bloomberg.com/apps/news?pid=20601087sid=a0P7GXmf4hEs https://app2.wda.gov.sg/web/Contents/Contents.aspx?Id=174 https://www.mom.gov.sg/publish/etc/medialib/mom_library/corporate/files.Par.14508.File.dat/Factsheet%20for%20Continuing%20Education%20and%20Training%20Masterplan.pdf https://www.econguru.com/macroeconomic-unemployment-explained/ h ttps://kentridgecommon.com/?p=290 https://www.stock-market-investors.com/stock-investment-risk/what-caused-the-current-financial-crisis.html https://www.eastasiaforum.org/2009/01/05/riding-the-global-economic-crisis-in-singapore/ https://www.mof.gov.sg/budget_2009/speech_pc/pc.html#s2 https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932009 https://www.sg-house.com/classifieds/buy-and-sell-private-apartment-condominium/1464706-impact-of-the-us-financial-crisis-on-the-singapore.html https://www.economywatch.com/economic-conditions/singapore-recession.html https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932009 https://globalvoicesonline.org/2008/10/30/recession-hits-singapore/ https://www.siiaonline.org/?q=blog/making-sense-out-global-financial-crisis https://www.themalaysianinsider.com/index.php/opinion/index.php/business/49199-singapore-says-double-dip-recession-unlikely https://mel.np.edu.sg/webapps/portal/frameset.jsp?tab_ta b_group_id=_2_1url=%2Fwebapps%2Fblackboard%2Fexecute%2Flauncher%3Ftype%3DCourse%26id%3D_6024_1%26url%3D https://www.mas.gov.sg/news_room/statements/1999/Economic_Management_in_Singapore__Scenarios__Strategies_Tactics__12_Feb_1999.html https://www.mof.gov.sg/budget_2009/speech_toc/downloads/FY2009_Budget_Highlights.pdf https://www.sgpolitics.net/?p=1999

Essay Advertising of Hybrid Cars - 1619 Words

Hybrid Cars: Saving the Environment Through Advertising Each year the average temperature of the earth increases .02 degrees Fahrenheit (Global Warming). Although this may not seem like a big change, our ecosystems are so fragile that even this slight boost in temperature is very destructive; oceans rise, glaciers melt at an alarming rate, species of animals cannot adapt and die off. As the twenty first century continues on, these changes are accelerating at an alarming rate, mainly due to population increase. Humans are producing more waste, owning more cars and building more pollution emitting factories every year. Unfortunately all of these factors help contribute to global warming. Some awareness concerning this problem has†¦show more content†¦People are becoming more and more concerned about Global Warming each year as more research is conducted and released. Movie stars such as Leonardo Dicaprio and Cameron Diaz are also helping move this trend along. Dicaprio and Diaz (along with many other big name Hollywood actors) h ave been recently spotted driving fuel efficient cars and promoting environmental friendliness. Because it is part of our culture to hold what actors and celebrities due in such high esteem, these movie stars are helping make environmentalism part of our culture because Americans want to follow their trends and live as they do. (Finally a positive fad coming out of Hollywood!) The return of hybrid cars to the auto market has been rather recent. In the December 2005 issue of Motor Trend, an especially large special advertising section was released. Entitled â€Å"The Green Space†, this advertising campaign was geared towards educating the public about new and upcoming models of hybrid cars to be released in the 2006-2007 year. In seven pages the ad analyzes nine models of hybrid cars. The point of this ad campaign is to show the versatility of hybrid cars. Today, many people shy away from the idea of buying a hybrid car because there is a common misconception that these cars only come in fancy futuristic models that function more at an aesthetic level than a practical one. â€Å"The GreenShow MoreRelatedOur Lives are Crowded with Products825 Words   |  3 Pagesthousand of cars every day. New models of products are issuing faster than previous generation of it becomes old. For example, Apple Corporation issues new iPhones every year despite of the fact that previous models are still good for use. This huge amount of new products requires a huge amount of advertising. As a consequence, our everyday life is surrounded with different kinds of advertising. We see ad on the streets when we walk out our dog, we see listen it on the radio while driving our cars comingRead More Hybrid Cars Essay1480 Words   |  6 Pages These cars operate from a rechargeable battery and gasoline. The engines are smaller so that they will be able to accommodate the 99% of time when the car is not going uphill or accelerating quickly. The battery is used to give extra acce leration power if needed. When the car is stopped, hybrid gasoline motors can shut off and run off their electric motor and battery. These cars are aerodynamic and the tires are often stiffer and inflated higher to reduce dragging. According to a November 16,Read MoreThe Expansion Of Electric And Hybrid Vehicles1605 Words   |  7 Pageselectric and hybrid vehicles in the GM line. Indeed, in order to meet its commitment to help achieve 500,000 electric or hybrid vehicles on the U.S. road by 2017 and to help reduce the average carbon emissions of U.S. cars by 15% by 2016, GM must continue to invest in green vehicles. However, multiple challenges currently stand in the way of GM’s previously defined goal to become an electric car provider. 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Applying the Utilitarianism Theory Case Study Free Essays

Upon applying utilitarianism theory to Tom’s current situation, Tom would maximize the greatest good and increase the happiness of more people and parties by exaggerating his work experience. The first party that would benefit from this is his parents. As was said In the case study (2014), Tom’s mother had lost her Job a few years ago and has remained unemployed since. We will write a custom essay sample on Applying the Utilitarianism Theory: Case Study or any similar topic only for you Order Now Tom’s father has also not been doing well financially, as his business has not been doing well as of lately, which would lead to less income for the family. Tom’s parents would be better off financially, as they ill no longer need to support Tom if he were to be hired by the accounting firm. 0 Another party that would achieve happiness from Tom’s actions would be a child of a developing nation that Tom has committed to sponsor when he earns full time wage. Because Tom has not yet been able to earn full time wage, he cannot afford to sponsor a child. The third party that would benefit is Tom himself. As was stated in the case study (2014), many firms have reduced or halted their graduate intake as of 2014. It is apparent that Tom is struggling to find work, and Is currently unemployed and not earning a Income. It also known that Tom would be supervised for his first year of work (case study, 2014), which would benefit Tom himself as he lacks experience within accounting firms, and this would provide him with new skills. Parties that would not benefit however are the more honest Job applicants and current employees of the firm. Tom’s action would cause an unhappiness to these stakeholders because if Tom were to be employed, his actions would be unfair. Tom would be employed for false and exaggerated Information, where as the other Job applicants would have provided truthful Information and the other employees would eve had to earn their experience and skills minored to be employed by the accounting firm. One last stakeholder that Tom’s actions would affect is the accounting firm itself and the clients. The accounting firm Is seeking for a Job applicant with proper skills and work experience for applicant to apply to the workplace, If Tom were to be hired however, he may not be to fulfill the requirements the firm had needed. Clients of the firm may also receive poor or lower than expected of service quality from Tom due to the fact that Tom lacks experience within accounting firm work. Kantian ill be found upon applying two different formulations of Kantian to Tom’s situation. Formulation one will be universal acceptability, and formulation two will be respect. Upon applying formulation one to Tom’s situation, the rule would be â€Å"To become a successful Job applicant, you will need to exaggerate and give false information on your curriculum vitae. If this rule was made to be made a universal rule the workforce would consist of more unskilled and under experienced workers. This would lead to a larger output of bad services and bad products due to the lack of skills from the workforce. Many employees would be earning wages that they don’t deserve as their skill level doesn’t match their high pay. Therefore the rule is not universally acceptable as when made a universal rule, there would be a larger output of bad services, bad products, and unfair wages. The second formulation is respect. By exaggerating Tom’s curriculum vitae, he is not showing respect to other stakeholders such as the other Job seekers, the accounting firm itself, clients to the firm, and all the employees that had been hired by the firm. Tom’s action does not show respect to these stakeholders as Tom is providing false information about himself to the accounting firm. By providing false information, Tom is being unfair to other Job applicants and employees who may have provided truthful information and earned their experience and skills themselves rather than lying. The accounting firm and the clients would also expect proper service, experience and skills from Tom, which Tom has falsely claimed he has. Thus, by exaggerating his curriculum vitae, Tom is disrespecting the stakeholders of the firm. Virtue Ethics As for applying virtue ethics to Tom’s situation, the relevant virtue identified for the dilemma is truthfulness. Tom believes that if he exaggerates his curriculum vitae his chances of being hired is higher. However this action would not be virtuous, and is the vice of excess to the chosen virtue, known as boastfulness. The remaining corresponding vice is self-deprecating, which is a vice of deficiency. By being self- deprecating, Tom would have to under-exaggerate himself on his curriculum vitae. The virtue truthfulness’ is chosen because truthfulness lies between boastfulness and self-deprecating, in which boastfulness is seen relevant to the dilemma. By applying the virtue truthfulness’ to the dilemma, Tom would have to be honest about is work experience rather than exaggerate it; thus making Tom more virtuous. How to cite Applying the Utilitarianism Theory: Case Study, Free Case study samples

The Strange Case of Dr Jeckyll and Mr Hyde Essay Example For Students

The Strange Case of Dr Jeckyll and Mr Hyde Essay In the novella, The Strange Case of Dr. Jekyll and Mr. Hyde, written by Robert Louis Stevenson, demonstrates that every man or women have both good and evil within. Dr. Jekyll attempts to divide the two in his deranged experiment. Dr. Jekyll believes that if he separates the two, humankind can possibility segregate and over power the evil that exists in us all. Dr. Jekylls intentions are good in seeking to better society, but his techniques are dubious. Dr. Jekyll and Mr. Hydes fight for dualism demonstrates that there is in fact both good and evil in everyone. Dr. Jekyll is the protagonist of the story. In the case of the protagonist Dr. Jekyll is neither the male protagonist nor the scoundrel. He is not a good person nor is he entirely malicious. The antagonist is Dr. Jekyll himself, who through a false experiment undergoes a change that is both a mental and a physical change, through a mixed drug he developed in his laboratory, he becomes Mr. Hyde. Mr. Hydes personality is the complete reverse of the wonderful Dr. Jeckyl. The conflict between the two characters whom came from the same guise is that, Dr. Jekyll is a cultured, well-mannered, normal and self-righteous person. Mr. Hyde, on the other hand is a wicked, ravenous, cruel and abnormal person. Dr. Jekyll symbolizes all the good every man or woman; where as Mr. Hyde symbolizes all that is bad in men or women. Mr. Utterson, a lawyer, went to visit Dr. Jekyll in regard to a will that he left with him. The lawyer was concerned with the fact that Dr. Jekyll was leaving all of his posses sions to his friend and benefactor, Edward Hyde. Mr. Utterson shared his concerns with Dr. Jekyll, and Dr. Jekyll told him, my good Utterson, this is very good of you, this is downright good of you, and I cannot find words to thank you in. I believe you fully; I would trust you before ant man alive ay, before myself, if I could make the choice; but indeed it isnt what you fancy; it is not so bad as that; and just to put your good heart at rest, I will just add one thing: the moment I choose, I can be rid of Mr. Hyde. Mr. Hyde is wicked, ravenous, and abnormal. One black winter morning at about 3:00, Mr. Enfield was going home and he witnessed a small, ugly man trample over an eight to ten year old, and left her screaming on the ground. Mr. Enfield ran after him and tackled him to the ground; as he did so he realized it was Mr. Hyde. We will write a custom essay on The Strange Case of Dr Jeckyll and Mr Hyde specifically for you for only $16.38 $13.9/page Order now It is ironic that Dr. Jekyll, a wise and well-educated gentleman, that he could turn into such a monster, such as Mr. Hyde. Dr. Jekyll is a well-respected and honorable man of his community. As Dr. Jekyll starts his experiment, he finds that he enjoys being the evil Mr. Hyde. Even though he awards himself some comfort in enjoying his experiments, the evil habits of Dr. Jekyll slowly absorbs into good habits of Dr. Jekyll. The more he takes the drug the more often he becomes Mr. Hyde and his personality becomes like Mr. Hyde. In examining the symbols we might find that there is good and evil in every person. The good and evil is hidden in all of us; sometimes it takes another person to find it. In examining the ironies presented here in the paper, we see that Dr. Jekyll was not telling the truth about Mr. Hyde. When he was questioned about Mr. Hyde he would try to ignore the question or he would say something that would direct Mr. Utterson, and the others attention in a different dire ction. Symbolism and irony in this story support that good and evil is the theme. To me it is apparent that the theme of the story is that there is good and bad in every man or women. We all have our good and our bad points. .u32a308d7954d906bdcb4265dd484dd10 , .u32a308d7954d906bdcb4265dd484dd10 .postImageUrl , .u32a308d7954d906bdcb4265dd484dd10 .centered-text-area { min-height: 80px; position: relative; } .u32a308d7954d906bdcb4265dd484dd10 , .u32a308d7954d906bdcb4265dd484dd10:hover , .u32a308d7954d906bdcb4265dd484dd10:visited , .u32a308d7954d906bdcb4265dd484dd10:active { border:0!important; } .u32a308d7954d906bdcb4265dd484dd10 .clearfix:after { content: ""; display: table; clear: both; } .u32a308d7954d906bdcb4265dd484dd10 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u32a308d7954d906bdcb4265dd484dd10:active , .u32a308d7954d906bdcb4265dd484dd10:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u32a308d7954d906bdcb4265dd484dd10 .centered-text-area { width: 100%; position: relative ; } .u32a308d7954d906bdcb4265dd484dd10 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u32a308d7954d906bdcb4265dd484dd10 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u32a308d7954d906bdcb4265dd484dd10 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u32a308d7954d906bdcb4265dd484dd10:hover .ctaButton { background-color: #34495E!important; } .u32a308d7954d906bdcb4265dd484dd10 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u32a308d7954d906bdcb4265dd484dd10 .u32a308d7954d906bdcb4265dd484dd10-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u32a308d7954d906bdcb4265dd484dd10:after { content: ""; display: block; clear: both; } READ: Position Paper on The Police Exception EssayBibliography:I am 30 years old and a mother of a 3 year old and a 7 month old. I am a stay at