Monday, December 30, 2019
A Very Short History of Tanzania
It is believed that modern humans originate from the rift valley region of East Africa, and as well as fossilized hominid remains, archaeologists have uncovered Africas oldest human settlement in Tanzania. From around first Millennium CE the region was settled by Bantu speaking peoples who migrated from the west and north. The coastal port of Kilwa was established around 800 CE by Arab traders, and Persians similarly settled Pemba and Zanzibar. By 1200 CE the distinctive mix of Arabs, Persians and Africans had developed into Swahili culture. Vasco da Gama sailed up the coast in 1498, and the coastal zone soon fell under the control of Portuguese. By the early 1700s Zanzibar had become a center for the Omani Arab slave trade. In the mid 1880s, the German Carl Peters began exploring the region, and by 1891 the colony of German East Africa had been created. In 1890, following its campaign to end the slave trade in the region, Britain made Zanzibar a protectorate. German East Africa was made a British mandate after World War I, and renamed Tanganyika. The Tanganyika African National Union, TANU, came together to oppose British rule in 1954 -- they achieved internal self-government in 1958, and independence on 9 December 1961. TANUs leader Julius Nyerere became prime minister, and then, when a republic was proclaimed on 9 December 1962, he became president. Nyerere introduced ujamma, a form of African socialism based on cooperative agriculture. Zanzibar won independence on 10 December 1963 and on 26 April 1964 merged with Tanganyika to form the United Republic of Tanzania. During Nyereres rule, the Chama Cha Mapinduzi (Revolutionary State Party) was declared the only legal political party in Tanzania. Nyerere retired from the presidency in 1985, and in 1992 the consitution was amended to allow multi-party democracy.
Sunday, December 22, 2019
Summary Of Wicked And Lawless Men By Anne Marshall
In 1865 the Freedmenââ¬â¢s Bureau was created by Congress to help former black slaves and poor Southern whites after the Civil War. In chapter three, Wicked and Lawless Men, in Anne Marshallââ¬â¢s book, she stated that the Freedmenââ¬â¢s Bureau was to ââ¬Å"provide a legal voice for the freedmen by negotiating labor contracts between African Americans and their employers and attempting to quell racial violenceâ⬠¦ (Marshall 61).â⬠The bureau was to also help provide education, housing, as well as food distribution and land redistribution - 40 acres and a mule. But, since the beginning the Freedmenââ¬â¢s Bureau ââ¬Å"faced stiff resistance from conservative whites (61).â⬠The conservative whites made sure that their attitudes towards Reconstruction were clearly presented to the public not only by their cartoons in the newspapers, but also by terrorizing the bureauââ¬â¢s supporters. This cartoon from Harperââ¬â¢s Weekly depicts what most white men believed: the Freedmenââ¬â¢s Bureau allowed African Americans to be idle while the white man worked hard for his money to support his family and also to ââ¬Å"supportingâ⬠the African American. Thus angering the white man and causing violence throughout towns, especially in the South and because of this idea of giving money to African Americans, the white man hated the Freedmenââ¬â¢s Bureau.) Conservative white men expressed their dissatisfaction of the Freedmenââ¬â¢s Bureau in many ways. One way white men indicated their anger was by being passive aggressive though newspapers and
Friday, December 13, 2019
Theraputic Relationship Free Essays
meantime I communicated with my best with her do that she felt comfortable. Asa result, she gave a good cooperation and enjoyed the meal until finished. In my evaluating, I feel I make the right decision to accompany and assistMrs. We will write a custom essay sample on Theraputic Relationship or any similar topic only for you Order Now A in feeding. Furthermore, I could develop my nurse-patient relationship. Although McCabe (2004, p. 44) would describe it as a task-centredcommunication as one of the element caused the lack communication amongnurses, but I think my nurse-patient relationship communication both involved agood patient-centred communication and task-centred communication. In mypersonal opinion, I attended to Mrs. A as a patient to show my empathy becauseshe was unable to feed herself. It was also as my duty to feed her so that I couldmake sure the patient get the best care in the ward. So my involvement in thisnurse-patient relationship does not only restrict to the task-centredcommunication because (Burnard 1990, and Stein-Parbury 1993, cited inMcCabe 2002, p. 44) define attending as a patient-centred process as wells as tofulfil the basic conditions as a nurse to provide the genuineness, warmth andempathy towards the patient. I was able to improve my non-verbalcommunication skills in my conversation with her during the feeding. As she washaving a hearing problem and could not communicate in the first languageproperly, so the non-verbal communication plays a role. Caris-Verhallen et al (1999, p. 809) state that the non-verbal communication becomes important whencommunicating with the elderly people who develop a hearing problem. Hollman et al (2005, p31) suggests some effective ways to maximize the communication 5 ith hearing impairment people such as always gains the personââ¬â¢s attentionbefore speaking, visible yourself to prevent them feel frighten and try to usesome sensitive touch. I feel this is a good experience to me because I learn todevelop my non-verbal communication. I used most of the body gesturersbecause of the language barrier was being a gap in my conversation with Mrs. A. She could speak very limited in the first language so I tried to speak in her dialect. Furthermore, Wold (2004, p. 6) mention that gesturers are one specifictype of non-verbal communication intended to express ideas and are useful for people who cannot use much words. However I also used my facial expressionsto advise her to finish the meal. It might be not so delicious because shewithdraws the meal after few scopes but I smiled and assured Mrs. A that it wasgood for her health to finish her meal. In addition, the facial expressions are mostexpressive which are not limited to certain cultural and age barriers (Wold, 2004,p. 6). Therefore my facial expression worked out to encourage her to finish themeal. Although I could not explain detail to her about the important nutrition dietthat she should take, but I could advocate her to finish the meal served becausethe meal was prepared according to her condition. In order to analysis of the event, I could evaluate that, my communicationskills are very important to provide the best nursing care to Mrs. A. Mycommunication with Mrs. A was the interperso nal communication. This isbecause the interpersonal communication is a communication which involved of two persons (Funnell et al 2005, p. 438). I realized that my nonverbal 6 communication did help me a lot in my duty to provide the nursing care to Mrs. A. Even though she could understand few simple words when I was asking her but Inoticed that one of the problems occurs within the communication was thelanguage barrier. As the patient was not using the official language and thesecond language, I tried to speak in her language. I still could manage thecommunication in our conversation. However, it was quite difficult to promote theeffective verbal communication with the patient. Besides, White (2005, p. 112)recommend that a nurse should learn a few words or phrases in the predominantsecond language to put a patient at ease for better understanding. Although itwas quite difficult but using the nonverbal simultaneously with the verbalcommunication did encourage her to speak on her best to make me understandher words. In the event showed that, there was a response from Mrs. A. when Iwas asking her questions. Funnel et al (2005, p. 38) point out that acommunication would occur when a person responds to a message received andassigns meaning to it. She nodded her head to assign that she agreed with me. Delaune and Ladner (2002, p. 191) explain that the channel is one of thecomponent of the communication process which act as a medium during themessage is sent out. In addition, Mrs. A also gave me a feedback that sheunderstood my message by transmitting the message via her body gesturers andeye behaviour. Thus I could consider that the communication channels used inmy conversation were visual and auditory. Delaune and Ladner (2002, p. 191)state a feedback is that the sender receives the information after the receiver react to the message. However, Chitty and Black (2007, p. 218) define feedback 7 is a response to a message. In my situation, I was a sender who conveyed themessage receiving the information from Mrs. A, the receiver who agreed to takelunch and allow me to feed. Consequently, I could analyse that mycommunication with Mrs. A involved of five component of communication processwhich are sender, message, channel, receiver and feedback (Delaune andLadner, 2002, p. 91). In a nutshell, for my reflection of this event explores about on how thecommunication skills play a role on the nurse-patient relationship in order todeliver the nursing care towards the patient especially the adult. She neededquite sometime to adapt the ability changes in her daily activities living where Iwas trying to help her in feeding. I was concerning my feeling and thoughtsduring the feeding so that I cou ld improve more skills in my communication. Isuccessfully communicated with her effectively as she enjoyed finishing themeal. So it is vital to build rapport with her to encourage her ability to speak upverbally and non-verbal. Moreover, this ability could help her to communicateeffectively with other staff nurses. Later, she would not be neglected because of her age or her disability to understand the information given about her treatment. (Hyland and Donaldson 1989, cited in Harrison and Hart 2006 p. 22) mention thatcommunication express what the patients think and feel. In order to communicatewith adult, it is important to assess her common communication language andher ability to interact in the other languages. As I used some words in her dialect,I essentially encouraged the patient to speak out verbally and communicate non- 8 verbal so that the message could be understood and do not break the nurse-patient communication. In my opinion, I evaluated that it does not a matter whether it was a patient-centred communication or task-centred communicationbecause both communication mentioned by McCabe (2004) actually doesinvolves communication to the patients. So it was not a problem to argue whichtype of communication involves in my conversation with my patient. After analysed the situation, I could conclude that I was be able to know the skills for effective communication with the patient such as approach the patient, askingquestions, be an active listening, show my empathy and support the patientemotions (Walsh, 2005, p. 34). Actually helping the adult was a good practice indelivering the nursing care among adults. My action plan for the clinical practice in the future, if there were patientsthat I need to help in feeding or other nursing procedure, I would prepare myself better to handle with the patients who would have some difficulty incommunication. This is because, as one of the health care worker, I want thebest care for my patients. So in related to deliver the best care to my patients, Ineed to understand them very well. I have to communicate effectively as this isimportant to know what they need most during warded under my supervision as anurse. According to my experience, I knew that communication was thefundamental part to develop a good relationship. Wood (2006, p. 13) express thata communication is the key foundation of relationship. Therefore a goodcommunication is essential to get know the patientââ¬â¢s individual health status 9 How to cite Theraputic Relationship, Papers
Thursday, December 5, 2019
Industry Project for Sole Trading Company -myassignmenthelp.com
Question: Discuss about theIndustry Project for Sole Trading Company. Answer: Introduction The purpose of preparing the reflective journal is to identify the structure of the organization, determine the skills and experiences that have been achieved by me during the critical learning phase. I have chosen the sole trading company, because it is much easier to determine how the company manages its human resources and how work has been organized within the organization. The company that has been chosen here as the case study is Simply Indian Restaurant in New Zealand (Simplyindian.co.nz, 2017). Host organization/ Industry Client The Simply Indian restaurant offers great quality fish curry, lamb corma and other Indian snacks and sweet items that can fulfill the tastes and preferences of customers easily. One of the major issues that was faced by the restaurant was lack of management and control of costs of operations and processes. This deteriorated the profit level of the company largely too. The company has a sole trading structure and because of this, it has been easy to set up and the starts up costs were quite low as well (Arends, 2014). The business processes are controlled with much ease and the profit is not shared with anyone. The organization is located at 225 High Street, Lower Hutt central 5010, Wellington in New Zealand. The company has 50 -60 staffs in total who have been employed within the organization and provides fine dining experience to the customers. The work is managed within the organization by keeping the workers motivated and encouraged to deliver high quality dining experience through providing good quality food and discreet services. It also hosts private and corporate parties and events to attract more customers and enhance the profit level too (Howarth Fredericks, 2012). Situation reflection Introduction I have managed to obtain a lot of skills and experiences based on critical learning about how to handle the customers and ensure that good quality and proper services are delivered to them for keeping them satisfied. I have been interacting with the customers at the cooperative education organization for determining who have been unsatisfied with the kinds of services and products delivered by the Simply Indian restaurant in New Zealand. Few of the customers have dietary issues like allergies for certain food items or ingredients used to prepare the dish. One such customer expressed concern and sense of dissatisfaction with the quality of food items by showing aggressive behaviors towards the hotel staffs (Kirkwood Price, 2014). There was also a situation when a group of customers entered the restaurant just few minutes before its closure and ordered the food items available in the menu that might take the longest time for preparation. I have obtained relevant knowledge and skills t o connect with the customers and make sure that they are handled responsibly to create positive brand name and image. Collaboration of employees and by combining charm, psychology, communication skills and impartial mediation can help in delivering the best quality services and even motivate the employees to perform to their potential. One of the challenges with the organizational culture was the inability to involve all the team members and make people informed about its culture (Kolb , 2014). First critical learning experience From my educational experience at the cooperative education organisation, I have learned to maintain consistency while managing a good organizational culture. It is not only essential for promoting good communication, but will also enhance my personal skills to handle the customers properly. The messages delivered to the customers at the restaurant must be clear, precise and consistent for making people know what are being sold and can keep them satisfied. I need to create a good culture that can allow the staffs to communicate with each other and work as a team for delivering the best quality services to people (Nosich, 2012). Second critical learning experience I have gathered experiences to enhance the brand image and for a new Indian restaurant that has been established in New Zealand, it is important to improve the brand image and identity. From my experiences, I have learned that social media is an essential aspect to create successful business nowadays. The involvement of social networking websites can grab attention of customers and generate good traffic, furthermore create brand awareness among the people (Schn, 2015). Third critical learning experience My third learning experience was based on the utilization of resources and inventories to increase the level of profit for Simply Indian restaurant in New Zealand. It is always important to manage the needs of suppliers and conduct a food and beverage inventory to ensure that all the resources are available properly and good quality food items are prepared to keep customers satisfied and maximize the level of profit. I have also obtained relevant leadership skills to organize the staffs by considering the views and opinions of the workers and make strategic decisions aligned with the organizational goals and objectives (Simplyindian.co.nz, 2017). Personal growth While being a part of the cooperative education organization, I have obtained necessary skills related to the various aspects of leadership, critical thinking and ability to handle challenging situations and customers who can create issues for the organization. These skills have improved my knowledge and experience to progress in my career and become successful in my personal and professional life too. Reflections on feedback from academic supervisor By obtaining the responses and feedbacks of the supervisor, I have understood how my performance has been at the present and how it will help in progressing in the career with ease. The verbal and written feedbacks have further helped in analyzing the various areas of weaknesses like an issue faced while doing the referencing in APA style (Tracey Baaki, 2014). I searched for the literature review section and obtained relevant knowledge and skills to do the in texting and referencing by putting commas and initials in the right place too. Correct referencing would help in finding related information by searching with the author name and obtain important data and information regarding the same. Future Career Direction and Preparation for future My experiences within the cooperative education organization have helped me to progress in my career and even determine my roles and responsibilities easily. I was not satisfied with the kinds of customers services while working as a Sales and marketing manager. This is why, I focused more on conducting market research to manage various surveys and ensure collection and analysis of data to determine the market conditions. This would also help me to analyse the current market scenario in New Zealand and deliver products according to their needs and requirements at Simply Indian (Arends, 2014). I require additional training to strengthen my skills in the field of marketing research, because my statistical knowledge is poor and it needs proper information to work on the statistics course and furthermore improve my ability to analyze data with ease. This would fulfill my personal development requirements and allow me to progress in my future career efficienctly (Howarth Fredericks, 2012). Work Ready Curriculum Vitae Name: . Address: Contact: Career objectives To perform to my potential by undertaking initiatives, remain creative and dynamic in job. Special skills Leadership skills, management skills, operations skills Professional experience Name of organization: New Zealand Association for Cooperative Education Duration of work: November 2014 to present Position: Studied about workplace integrated learning and studying various leadership and management skills to handle situations at Simply Indian. The skills that I have obtained will help me to achieve the requirements for progressing in my career and work as an efficient leader at Simply Indian for delivering the best quality services to customers. References Arends, R. (2014). Learning to teach. McGraw-Hill Higher Education. Howarth, R., Fredericks, J. (2012). Sustainable SME practice: A reflection on supply-chain environmental management intervention. Management of Environmental Quality: An International Journal, 23(6), 673-685. Kirkwood, A., Price, L. (2014). Technology-enhanced learning and teaching in higher education: what is enhancedand how do we know? A critical literature review. Learning, media and technology, 39(1), 6-36. Kolb, D. A. (2014). Experiential learning: Experience as the source of learning and development. FT press. Nosich, G. M. (2012). Learning to think things through: A guide to critical thinking across the curriculum. Schn, D. W. (2015). Teaching artistry through reflection-in-action. Simplyindian.co.nz. (2017). Simplyindian.co.nz. Retrieved 11 October 2017, from https://www.simplyindian.co.nz/ Tracey, M. W., Baaki, J. (2014). Design, designers, and reflection-in-action. In Design in educational technology (pp. 1-13). Springer International Publishing.
Thursday, November 28, 2019
Arts and Literature essays
Arts and Literature essays Art, Literature and Society from 1955-1970 Fear and Loathing in a Clockwork Age Ah! The noble search for identity. That intangible achievement that all artists lust after and lay in torment over. And during the post war era that struggle reached incredible magnitudes. The world cried out for legions of anti-heroes, who were only virtuous in their unapologetic and brutally honest lack of virtue. And the art world provided as many counter culture messiahs as was needed to "Damn the Man". The Beats, hippies, and punks are evidence that behind the white picket fence of suburbia lay an America that wanted more out of life than the sugar coated portrayals of domesticity and patriotism it received from pop culture. The unfortunate side of authenticity often lead to the conclusion that autonomy was an impossible dream and that just mere existence required an individual to compromise his integrity. The post-war generation developed an interesting love-hate relationship with the mass culture of its time. Some, like Andy Warhol, embraced the inevitability of mass cultural ization in order to control the beast (yes, this is a reference to Revelations). While others recognized the American Dream as being a hypocrisy and so chose the Golden Eternity instead. The Beat generation and early hippies sought to separate themselves from mainstream society where they believed they could start anew and fully experience life, liberty, and the pursuit of happiness. The flower child philosophy was in fact very Transcendental, minus the stuffy New England mentality. The sexual, spiritual, and intellectual freedom and autonomy that characterized the Haight-Ashberry scene were closer to the Whitmanesque ideal than anything achieved during his life time. Postwar America was extremely prosperous from the stand point of the middle class white suburbanite. The only problem was that not everyone fit that mold. And even those who were born into that envir ...
Monday, November 25, 2019
Long Term Investment Decisions
Long Term Investment Decisions Outline of plan The plan for the company, which faces increases in costs of the major ingredients, is to lobby government for recognition of its products as important for consumers and intervene through fiscal policies like taxation to reduce the cost of ingredients.Advertising We will write a custom essay sample on Long Term Investment Decisions specifically for you for only $16.05 $11/page Learn More Meanwhile, the firm will concentrate on product differentiation, which should allow it to have a unique value proposition to customers and increase the inelasticity of the productââ¬â¢s price. As for capital projects, the firm would consider outsourcing non-core responsibilities to reduce cost and achieve agility in response to market changes. A strategy for making products response to price less elastic and rationale The main reason for reducing the price elasticity of a product is the maximization of profits. An increase in price lowers the demand for a p roduct in a perfect economy when the product is a normal good. However, when the product does not behave as a normal good, its price can increase and the demand stays the same or increases too. In essence, the productââ¬â¢s response to price becomes less elastic (Forgang Einolf, 2007). Based on the above discussion, the company can make the product qualify as a necessity for consumers. When it achieves the objective, people will have to buy the products, even when the prices increase. Typically, the firm will have to reduce the threat of substitute goods by making its product unique in their value proposition. Customers should be able to get a significantly higher utility from the company products than they can obtain from the closest substitute. Consequently, the biggest focus of the firm should be on product differentiation and market research to ensure that its products meet consumer demand better than substitute products and consumers understand the value difference when mak ing purchase choices. Marketing campaigns using product samples would be a favorable strategy for the firm in this endeavor. Major effects of government policy The free market economy is often sufficient for rewarding risk takers with favorable business returns and in the process, ensuring that the demand for goods and services is fulfilled by the available supply. However, there can be loopholes in the system that give suppliers or consumers an unfair advantage, such that they are able to get more than a socially fair return for their investments or the price they pay for goods and services.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Government intervention through policy often comes as a way to correct the inability of the market to allocate resources where they are most needed. The government regulates trade. In doing so, it limits the extent to which producers and sellers can manipulate prices. It also regulates trade to limit the distribution of certain goods or services and it can also ban their trade. In regard to low-calories frozen, microwavable food, such a policy can be about increasing taxes on high calorific foods to limit their consumption and ensure that the populace remains healthy (Deng, Falvey, Blake, 2010). The second major effect of government policy is the equitable distribution of public goods that the market is unable to do. Entrepreneurs may not find it profitable to invest in low-calorific foods when there is a limited demand. Therefore, the government would intervene in the market to reduce the cost of production for producers such that the microwaveable foods are affordable to produce. Since the producers also want to increase sales, they will likely lower prices to match demand. On the other hand, consumers would have higher purchasing power for the low-calorie, frozen microwave foods because of the low prices. In this regar d, the effect of the government policy to lower costs of production would be an increase in the demand for the products, which would allow the company to increase its production capacity and distribution channels to match the new demand. A similar increase in demand could be achieved by government sensitization of the benefits of the product. In the end, the company will employ more people and contribute to the reduction of unemployment in the economy. Need for government involvement and reasons for involvement in market economics The reason for government involvement in a market economy is to correct possibilities of market failures. On the other hand, markets could qualify as failures when there is evidence suggesting that they do not supply goods, which in this case are low-calorie, frozen microwaveable food desired by consumers (Auerbach, Gale, Harris, 2010).Advertising We will write a custom essay sample on Long Term Investment Decisions specifically for you for only $16.05 $11/page Learn More Secondly, interventions could also occur because consumers do not have enough information to make informed food choices. Lastly, interventions by government would rise to correct social consequences of individual food-consumption choices. While market failure situations outlined above justify government involvement, they do not guarantee the cost-effectiveness of the policy. The intervention by the government often mitigates the market imbalances for a short while and may not be very responsive to changing factors that influence supply and demand of low-calories, frozen microwaveable food (Suranovic, 2010). Two examples of government involvement in similar market economy to support the answer In the first example, the government can choose to own enterprises so that it is able to influence their business choices because of its powers as a major shareholder. In this case, the government would be able to direct investments and strategies tow ard the education of consumers and the reduction of manufacturing costs through the use of state resources. The second example is where the government establishes anti-competition laws to prevent mergers and acquisitions that would allow firms to become dominant in the market and be able to manipulate prices. Explain major complexities that would arise under expansion via capital projects After undertaking a capital expansion project, the business opens up itself to a set of new problems that are not necessarily the same problems experienced by the smaller business on a larger scale. Instead, these problems are brought about by a restructured nature of the business and its operation in different markets and trading environment. The business could have grown too fast to meet demand when management realizes that its present contractual agreements with suppliers curtail its growth. For example, the company could sign leases for warehouses and exclusive transport services for five years , but three years into the business it realizes that the provided capacity is not enough for additional growth. Indeed, the biggest problem with capital project is the underestimation or overestimation of the actual behavior of the market and the actual demand of the capital project from the business in the future.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More When undertaking a major infrastructural project, the business has to update its systems of monitoring cash flow and tracking inventories and deliveries because some of its operations would be unique to its normal business operations. At the same time, when the capital project is complete, the business realizes that its payment obligations increase significantly that they may cause a problem for management. In addition, the project may stall midway as the business exhausts its available capital for expansion and misses out on opportunities to get more capital to finish the project. The consequence of such a scenario is a diminished ability of the business to meet the present demand due to the sunken capital costs and is yet to provide any returns to the business. On the other hand, capital projects create a business demand for new hiring in various positions and the business has to have the adequate hiring capacity. Otherwise, it could make mistakes in the evaluation and fulfillment of personnel needs such that it is unable to effectively operate competitively after commissioning the new project. Lastly, the business leadership faces the challenge of adapting to the changing roles brought by capital projects. The business leaders often fail to let experts in accounting, legal, and human resource matters assist, which makes the leader less capable of managing the expanded organization. Key actions that the company could take to prevent or address these complexities It would be advisable for the company to seek the services of consultants to help it increase its capital projects. The consulting services may be costly, but they allow the company to avoid making bad decisions that could jeopardize its ability to respond to demand in the future. A second viable action is the engagement of third-party firms in manufacturing and research to reduce the initial capital outlay for expansion. Lastly, the firm can use a long-term strategy that is responsive to market chan ges such that management retains the leeway to modify strategy parameters and go slow on expansion when the firm needs to reallocate capital. This way, the firm could hire more personnel when operational challenges arise. Finally, the important thing for the company would be to limit its contractual agreements such that it does not find itself in positions where its long-term obligations are too costly to terminate and do not add to its profitability and business opportunities. Suggest the substantive manner in which the company could create a convergence between the interests of stakeholders and managers It is usually hard to have CSR and good governance being executed concurrently in a smooth way. Even when a company chooses not to have its managers free of social responsibilities, problems still arise as the company tries to institutionalize the concept. On the other hand, expanding the responsibilities of managers to answer various stakeholder groups may worsen the problems of t he firm such that managers have a hard time of having effective discipline. According to Ferrell, Fraedrich, and Ferrell (2014), it is not greedy shareholders who are the enemies of other stakeholder of the firm. Instead, it is the lazy and greedy managers who operate in an unsupervised and unethical way who are the enemy of other stakeholders. The managers who lack a moral obligation can take the firm to profitability as desired by shareholders, but may also open up the firm to social inconsistencies and legal problems that expose it to the wrath of other stakeholder groups. The practical way of converging stakeholders and managers is by sacrificing profits and shareholder wealth so that that firm can meet its extra-legal and moral obligations. It is not always practical to sacrifice shareholder interest for overall stakeholder interest as the case is with corporate social responsibility. Such interventions fail because shareholders still have a right to compel management to increa se profits, which could mean abandonment of the corporate social responsibility strategy. Nevertheless, most firms still practice CSR, albeit on a small scale. Deliberately foregoing profitability of the firm causes the firm to lose its appeal to investors and may jeopardize its intentions to raise additional funds. It is not enough to have a system of stakeholder governance where managers are free to carry out profit-consuming CSR activities and strategies. Such an intervention is open to abuse by management, who would be shielded from shareholders. In addition, it is not possible to have all managers being motivated to act in stakeholder interests other than their self-interest. In light of the above discussion on the possible shortcomings of CSR or lack of it, the best way to balance the issues of stakeholders and managers is by making CSR as part of the firm, but only incorporates CSR activities that enhance the profitability of the firm. The activities should be measurable and visible to both managers and stakeholder groups. However, their contribution to profitability does not necessarily have to match the contribution of other core business activities. The aim here is to prevent managers from abusing their privileges to allocate funds for CSR related activities and for stakeholders to gain from the activities of the firm without curtailing its ability to exist in a competitive environment. Indicate the most likely impact to profitability of such a convergence When the convergence of stakeholders and managers takes place as proposed above, the firm will likely incur increased costs and have a slight drop in its profit, at least for the initial period of implementing the strategy. Nevertheless, when the CSR activities start to pay off by increasing the firmââ¬â¢s brand reputation and its market penetration, then profits will again grow to match the potential of the firmââ¬â¢s main business activities in relation to available market opportunities. Th erefore, long-term profitability of the company would be sustained by the convergence (Ferrell, Fraedrich, Ferrell, 2014). Provide two examples of instances that support your response According to Karnani (2010), companies working on fuel-efficient vehicles were not common in the past as they are today because they had little demand for fuel efficiency. The demand arose with the sensitization of consumers by various stakeholder groups. Its acceptance by managers only arose when they saw a clear pathway to profitability. They could use the projected performance of their firms to convince shareholders to allow the firm to make investments on corporate social responsibility with the aim of reducing emissions. This would both allow the company to emerge as a pioneer in the new market and grow its reputation as a champion for fuel efficiency. Another example is managers being unable to go against shareholder interest of increasing profits such that they can only invest in social program s to meet stakeholder interest when they have a connection to future profit. According to Reinhardt, Stavins, and Vietor (2008), in Delaware, a court ruled that the business judgment law protects a corporate managerââ¬â¢s decisions as long as they are rational. However, the law does not recognize non-financial incentives as conflicts of interest. In this regard, it allowed managers of Occidental Petroleum to pay for an art museum named after the company CEO, even when the cost was almost half of the companyââ¬â¢s profits (Reinhardt, Stavins, Vietor, 2008). In the first example, managers succeed because they focus on a profitable social intervention. In the second example, managers sacrifice profits for a cause that appeals to some stakeholders. References Auerbach, A. J., Gale, W. G., Harris, B. H. (2010). Activist fiscal policy. Journal of Economic Perspectives, 24(4), 141-164. DOI: 10.1257/jep.24.4.141 Deng, Z., Falvey, R., Blake, A. (2010). Swapping market access for tec hnology spillovers? Tax incentives and foreign direct investment in China. International Conference on Applied Economics-ICOAE, pp. 147-159. Web. Ferrell, O. C., Fraedrich, J., Ferrell, T. (2014). Business ethics: Ethical decision making and cases (10th ed.). Stamford, CT: Cengage Learning. Forgang, W. G., Einolf, K. W. (2007). Management economics: An accelerated approach. New York, NY: M. E. Sharpe, Inc. Karnani, A. (2010, August 23). The case against corporate social responsibility. Wall Street Journal. Web. Reinhardt, F. L., Stavins, R. N., Vietor, R. K. (2008). Corporate social responsibility through an economic lens. Cambridge, MA: National Bureau of Economic Research. Web. Suranovic, S. (2010). A moderate compromise Economic policy choice in an era of globalization. Basingstoke: Palgrave Macmillan.
Thursday, November 21, 2019
Discussion on Evidence Law Essay Example | Topics and Well Written Essays - 2000 words
Discussion on Evidence Law - Essay Example Evidence must conform to certain rules in order to be admissible. At the trial of A, witness W1 indicated that A and another person was seen packaging white powder. Witness W2 indicated that A was heard telling to someone that B and A would be selling stuff in a few months. W1 again testified that A and B met H on a trip to Sydney who sold amphetamines and wanted A and B to sell these in Canberra. W2 further testified that A and B were seen injecting amphetamines. So the evidence for the cases can be summarised as follows: 2. W1 - seen A and B on a trip to Sydney where they met H who sells amphetamines and asked A and B for partnerships. This evidence may be relevant as it provides as clear lead that A and B were having business plans with H who sells amphetamines Here some of the elements of evidence are excluded as items 3 and 1. According to the evidence given here, it may be suggested that the other items of evidence are relevant as the facts of the issue are more or less likely (see in Odgers, 2004). Evidence that on four consecutive days in February 2005 A purchased packets of 'Polecat' brand pseudoephedrine to a total of twenty packets from three chemists in various Canberra suburbs. It is accepted that pseudoephedrine is a core constituent of amphetamines. EFTPOS records showing that various pieces of apparatus which can... 4. W2 - seen A and B using and injecting amphetamines. This is a relevant evidence as it suggests that A and B were habituated with the uses of amphetamines. The evidence is strong against A and B who are suspected of selling and encouraging the use of narcotics that is illegal and severely punished. Here some of the elements of evidence are excluded as items 3 and 1. According to the evidence given here, it may be suggested that the other items of evidence are relevant as the facts of the issue are more or less likely (see in Odgers, 2004). QUESTION 2 (10 MARKS) The prosecution will seek to lead the following evidence at the trial of A: Evidence that on four consecutive days in February 2005 A purchased packets of 'Polecat' brand pseudoephedrine to a total of twenty packets from three chemists in various Canberra suburbs. It is accepted that pseudoephedrine is a core constituent of amphetamines. EFTPOS records showing that various pieces of apparatus which can be used in the production of amphetamines and which closely resemble, but are not identifiable as, some of the items found in C's premises were purchased from a wholesaler in Sydney using A's EFTPOS card on December 13 2004. Evidence from a witness, W3 who worked at the wholesaler's Sydney premises, that J, with whom A has been living in a de facto relationship for some years, was the person who purchased the items. EFTPOS records showing that A's EFTPOS card was used to purchase petrol in Sydney on five occasions in November and December 2004 including on December 13 2004. Evidence from a witness, W4, that A habitually gave J his EFTPOS card to use. Is this evidence admissible and if so on what
Subscribe to:
Posts (Atom)