Employment Law Compliance (Principles and Strategies) Essay - 1

Business Law Compliance (Principles and Strategies) - Essay Example ts Act of 1964 applies to all organizations with at least fifteen workers; while most organizations will fall into this class, there are some independent companies that may utilize less than fifteen representatives (McGraw-Hill, 2013). The equivalent is comparable for the Family and Medical Leave Act (FMLA) as it applies to organizations with in excess of 25 workers (McGraw-Hill, 2013). The size and breadth of a business may likewise change the laws and guidelines that apply to it. A medium size business won't just need to agree to government laws yet in addition the state and nearby laws that apply to every region that the business is situated in. For instance, Arizona upholds an alternate the lowest pay permitted by law prerequisite than does Michigan, as do numerous states. In many cases a states’ the lowest pay permitted by law will rely upon the average cost for basic items around there; it is significant for a business to recognize what these compensation prerequisites are to guarantee consistence with employees’ compensation. Likewise, different laws additionally have state particulars that develop government laws. Alluding again to Arizona, the Legal Arizona Workers Act (LAWA) is an extension to the Immigration Reform and Control Act (IRCA) which expresses that it is unlawful to recruit or hold a representative that is viewed as a displaced per son inside the United States (McGraw-Hill, 2013). LAWA further necessitates that all businesses utilize the E-confirm framework, a free online framework to check work, to decide the recruiting capacity of a competitor (Arizona Senate Research Staff, 2013). These state explicit laws would just be pertinent to those organizations that live or participate in business inside said state; along these lines they would possibly apply to an independent venture in the event that they were in a given state, and afterward to those medium and huge organizations that have ventured into those territories with explicit commands. It is significant for a business to consent to all laws and guidelines that apply to a business to guarantee punishments are kept away from. At long last, enormous organizations have the broadest of laws to conform to. Numerous

A Brief Guide to Modernization Theory

A Brief Guide to Modernization Theory Modernization hypothesis rose during the 1950s as a clarification of how the mechanical social orders of North America and Western Europe created. The hypothesis contends that social orders create in genuinely unsurprising stages through which they become progressively unpredictable. Advancement relies principally upon the importation of innovation just as various other political and social changes accepted to happen subsequently. Outline of Modernization Theory Social researchers, basically of white European plunge, detailed modernization hypothesis during the mid-twentieth century. Considering a couple hundred years of history in North America and Western Europe, and taking a positive perspective on the progressions saw during that time, they built up a hypothesis that clarifies that modernization is a procedure that includes industrialization, urbanization, defense, organization, mass utilization, and the reception of majority rule government. During this procedure, pre-present day or customary social orders develop into the contemporary Western social orders that we know today. Modernization hypothesis holds that this procedure involvesâ increased accessibility and levels of formal tutoring, and the improvement of broad communications, the two of which are thought to cultivate popularity based political foundations. Through the procedure of modernization transportation and correspondence become progressively complex and available, populaces become increasingly urban and portable, and the more distant family decreases in significance. At the same time, the significance of the person in monetary and public activity increments and increases. Associations become bureaucratic as theâ division of laborâ within society develops progressively mind boggling, and as it is a procedure established in logical and innovative rationality,â religion decreases in open life. In conclusion, money driven markets take over as the essential instrument through which products and ventures are traded. As it is a hypothesis conceptualized by Western social researchers, it is likewise one with an entrepreneur economy at its inside. Solidified as substantial inside Western scholarly community, modernization hypothesis has for some time been utilized as a support for actualizing similar sorts of procedures and structures in places everywhere throughout the world that are considered under-or lacking as contrasted and Western social orders. At its center are the suspicions that logical advancement, mechanical turn of events and objectivity, versatility, and financial development are beneficial things and are to be continually focused on. Evaluates of Modernization Theory Modernization hypothesis has had its faultfinders from the beginning. Numerous researchers, regularly non-white individuals and those from non-Western countries, have brought up throughout the years that modernization hypothesis neglects to represent the way Western dependence on colonization, slave work, and robbery of land and assets gave the riches and material assets essential for the pace and size of improvement in the West (see postcolonial hypothesis for broad conversations of this). It can't be duplicated in different spots along these lines, and itâ should notâ be imitated thusly. Others, as basic scholars including individuals from the Frankfurt School, have brought up that Western modernization is started on the extraordinary misuse of laborers inside the entrepreneur framework, and that the cost of modernization on social relations has been incredible, prompting across the board social estrangement, lost network, and misery. In any case, others evaluate modernization hypothesis for neglecting to represent the unreasonable idea of the venture, in a natural sense, and point out that pre-present day, customary, and indigenous societies ordinarily had considerably more ecologically cognizant and cooperative connections among individuals and the planet. Some point out that components and estimations of conventional life need not be totally deleted so as to accomplish a cutting edge society​ and point to Japan for instance.

Blog Archive Beyond the MBA Classroom Tuck Tails

Blog Archive Beyond the MBA Classroom Tuck Tails When you select an MBA program, you are not just choosing your learning environment, but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school. Tuck ’Tails are “happy hours” that occur every Thursday at Dartmouth Colleges Tuck School of Business Administration for the entire campus and are typically sponsored by a different student group each week. Faculty and students gather over beer, wine, and other refreshments. A recent graduate we interviewed noted, “The Tuck ’Tails are fun, and usually linked to different events and clubs. They are chill, but sometimes lead to bigger parties!” The events are generally held on campus in Stell Hall, but when the weather is nice, the festivities are sometimes moved to a tent outside or onto the new deck in the Living and Learning Complex. For in-depth descriptions of social and community activities at Tuck and 13 other top MBA programs, check out the mbaMission Insider’s Guides. Share ThisTweet Beyond the MBA Classroom Dartmouth College (Tuck) Blog Archive Beyond the MBA Classroom Tuck Tails When you select an MBA program, you are not just choosing your learning environment, but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school. Tuck Tails are “happy hours” that occur almost every Thursday at the Tuck School of Business at Dartmouth College. Open  to everyone on campus, they are typically sponsored by a different student group each week. Faculty and students gather over beer, wine and other refreshments. A recent graduate we interviewed noted, “The Tuck ’Tails are fun and usually linked to different events and clubs. They are chill but sometimes lead to bigger parties!” The events are generally held on campus in Stell Hall, but when the weather is nice, the festivities are sometimes moved to a tent outside or onto the new deck in the schools Living and Learning Complex. For in-depth descriptions of social and community activities at Dartmouth Tuck and 15 other top MBA programs, check out the mbaMission Insider’s Guides. Share ThisTweet Beyond the MBA Classroom Dartmouth College (Tuck)

Taking a Look at Mobile Risk Management - 708 Words

It is a category of technology that is emerging to empower companies so to recognize, mitigate and manage the risks that are associated with mobile devices. Mobile Risk management is way beyond traditional management of mobile device where they were primarily working on control tactics and on risk avoidance. The MRM is done to allow their full potential of mobility to exercise while ensuring regulatory compliance and protecting corporate data. In order to achieve accurate balance among risk mitigation, compliance assurance and device management and simultaneously maximizing utility of device and user acceptance that would require an integrated and thoughtful approach towards MRM. Need for MRM There is being observed a mass proliferation of heterogeneous deployment of Android, Windows, iOS and Blackberry and other platforms as well connected mobile devices that have started to become a norm. This is also being embraced by organizations that is bring your own device (BYOD) trend on the other side the tablets and smartphone are increasingly becoming a center or say hub for personal and business data. And with the upcoming and already established technologies such as Bluetooth, NFC and others where machine to machine interaction is at its peak and mobile devices have started to become wallets and security badges and more. These new opportunities are very much significant and the trend that was explained above, BYOD all these can lead to a real cost savers for the companies.Show MoreRelatedThe Importance Of A Chief Information Officer1232 Words   |  5 Pagesany business to the next level. With this, the role of a Chief Information Officer, has gone from just needing technical acumen, to developing skills that will push the business to new heights. Strong leadership, business expertise, and financial management skills are crucial traits that a successful CIO now must possess. Organizing CIO Team The first step as CIO to successfully establishing and managing an IT organization is to develop the proper team. As CIO it is imperative to bridge the gapRead MoreCompare and Contrast of Mobile Computing in Healthcare and Financial Industry842 Words   |  3 PagesDiffusion of the mobile computing technologies has accelerated in the turn of the century. Computing development has increased from Information Technology (IT) and Mobility production stages, while globalization has enhanced with organizations to build a far-reaching communication around the world. The Government agencies are increasing the effort to find solutions, which will help them deliver critical data services and information to citizens and businesses, based on Healthcare Systems and InternationalRead Morekudler fine foods risk management1362 Words   |  6 Pagesï » ¿ Kudler Fine Foods Risk Management CMGT/430 January 13, 2014 Dr. Stephen Jones Kudler Fine Foods Risk Management The internet has pervaded every aspect of business and Kudler Fine Foods has used it as a tool to further their goals. Wireless technology should be the next stepping stone for Kudler to use to advance in their field, and much like most new technologies the use of wirelessly connected devices can pose a number of security concerns. The benefitsRead MoreTechnological Innovations Are Transforming Almost All Industry1267 Words   |  6 Pagesbig data and analytics are technological forces that will change the future of insurance industry by forcing insurers to change the way they conduct business. Cybersecurity Concerns about cybersecurity have grown and insurance companies face a unique risk in this area. According to Sarich (2014), cyber-attacks against insurers have become sophisticated and frequent. Insurance industry processes large amount of personally identifiable, financial and health information that needs protection. StoringRead MoreMobile Applications Of Mobile Apps1360 Words   |  6 Pages Assignment On Mobile Applications Research By Japjeet Singh Saint Mary s University of Minnesota Schools of Graduate Professional Programs ITM632A Mobile technology management strategies Instructor: Harry Hurley Sept 18, 2015 â€Æ' Introduction In today’s market, there are plenty number of Mobile Apps available for socializing, fun and for the business. In terms of different purposes, we can categorize these mobile apps into two sections: Enterprise Mobile Apps and Regular Mobile Apps. Regular AppsRead MoreRisk Management : An Organization Essay897 Words   |  4 PagesRisk management is an organized process to identify, analyze and control risks in any organization. Today’s world is all about using information technology in almost all facets of human life such as business, education, health care or banking. No one will argue that today success of any business enterprise mostly depend on its capacity of handling risks in the best possible way. Risk management is a continuous process which involves different steps and processes. In this paper, definition of risksRead MoreEnvironment and the Five Main Business Functions1278 Words   |  6 PagesIntroduction. Mobile Satellite Group and Sumpo Insurance company are two different types of companies in Singapore. Mobile Satellites serves the shipping industry in Singapore as well as overseas. Sumpo Insurance serves customers in Singapore as well as Japan. Both companies possess long histories of success and have fair share of effect in terms of environmental issues that has affected their business functions. My report will compare and contrast each companys environmental issues in relationRead MoreGiffgaff Case Study1581 Words   |  7 PagesChoose ONE of the management processes encountered during the course: Starting, Organising, Planning and Changing. Select a business organisation of your choice and explain how and how well it undertakes your chosen process. In this essay I am going to explain the concept of intrapreneurship, contemplated within the management process of starting, and I will study its implication to the creation of the mobile operator Giffgaff; the role of the parent company and the innovative nature of GiffgaffRead More Changes in Air Travel Essay1088 Words   |  5 Pagesmany initiatives attempted to improve the passenger experience. The three I will focus on are the mobile lounge concept implemented in 1962 with the opening of Dulles , and the newer concept of Fast Travel initiated by the International Air Transportation Association (IATA) and the so called â€Å"security checkpoint of the future† also being tested by IATA (Engle, 2011). On the surface the mobile lounges seemed like a solid principle. It kept walking required by the passenger to a minimum as parkingRead MoreGrowth And Development Of A Country1420 Words   |  6 Pagesgrowth and development of a country page 4 o Theme 2: Jady Mobile Auto Electrical cc page 8 o Assessment on business performance page12 o References page13 o Annexures page14 Introduction What aspects positively contribute to a countries overall economy

The War Of The Cold War - 1052 Words

The Cold War was a result of what happened at the end of World War 2. At the end of World War 2, the Soviets held a grudge against the U.S for their delayed entrance in the World War resulting in deaths of thousands of Russians resulting in the appearance of the Cold War .The Cuban Missile Crisis was a significant flashpoint in the Cold War because it was the moment two superpowers came closest to nuclear conflict. This crisis, while posing the very real threat of global annihilation, also led to the signing of the ‘Nuclear Test Ban Treaty’ prompting the soviets and the U.S to reduce their nuclear missile stockpiles. It was significant because It could have been the trigger point for a nuclear war, led to reduction of nuclear stockpile by Soviets and U.S and also to the relaxation of the tensions between the Soviets and the U.S. The Cuban Missile Crisis was a direct and dangerous confrontation between the U.S and the USSR during the Cold War. This was when two superpowers came closest to nuclear conflict. This crisis was unique in a number of ways, featuring calculations and miscalculations as well as direct and secret communications and miscommunications. This crisis was characterise by the fact it was primarily played out at the White House and the Kremin Level, this is also known as a proxy war (The Cuban Missile Crisis, October 1962 - 1961–1968 - Milestones - Office of the Historian, 2016). Leaders of the U.S and the Soviet Union engaged in a tense, 13 day politicalShow MoreRelatedThe War Of The Cold War1644 Words   |  7 PagesThe Cold War was a state of political and military tension stemming from World War II fought primarily between the United States and the Soviet Union. Although the start and end dates of the Cold War are frequently disputed over, it is generally accepted that the confli ct started at the conclusion of the Second World War and stemmed from the social climate and lingering tensions in Europe and the increasing power struggles between the Soviet Union and the United States. Along with economic separationRead MoreThe War Of The Cold War Essay1525 Words   |  7 PagesOne major war ended and another to begin. The Cold war lasted about 45 years. There were no direct military campaigns between the United States and Soviet Union. However, billions of dollars and millions of lives were lost. The United States emerged as the greatest power from World War 2. (Give Me Liberty 896) The country boasted about having the most powerful navy and air force. The United states accounted for about half of the world’s manufacturing capacity, which it alone created the atomic bombRead MoreThe War Of The Cold War886 Words   |  4 Pagesin an infamous battle against ideologies: The Cold War. Even though war took place during this time, both powers were not involve d in battle directly, hence the name cold war. The war mainly consisted of assumed and implied threats of nuclear attacks and political control over states in Europe. Even before 1945, the beginning of the Cold War, tension brewed between the U.S and the U.S.S.R. Both sides had differing views on Europe s state after the war. For instance, programs like the Marshall PlanRead MoreThe War Of The Cold War757 Words   |  4 PagesAs tensions continued to augment profoundly throughout the latter half of the Cold War period, they brought forth a movement from a previous bipolar conflicting course, to one of a more multipolar nature. These tensions were now not only restricted to the Soviet Union and United states, but amongst multiple other nations of the globe. It became a general consensus that a notion of ‘peace’ was sought globally, hence, the emergence of dà ©tente. The nature of this idea in the short term conveyed itselfRead MoreThe War Of The Cold War961 Words    |  4 Pages1945, beginning year of the Cold War. The development of cold war just started after the end of world War ||. The cold war was the result of conflict between two powerful country Soviet Union and United State. The war was regarding to the lead the world after the World War ||. The Soviet Union wanted to emerge its power to the world and so do the United States too. The research paper mainly focused on various reasons of opposition of two great power of the world Soviets and United States of AmericaRead MoreThe War Of The Cold War1737 Words   |  7 Pages Cold War The Cold War, which is often dated from 1945 to 1989, was a constant state of political and military tension between powers in the West, dominated by the United States with NATO among its allies, and powers in the East, dominated by the Soviet Union along with the Warsaw Pact. The development of Nuclear Weapons and long range shooting missiles by the United States gave a lot of fear and caused mass destruction. The Cold War came about after World War II when America used their atomic bombsRead MoreThe War Of The Cold War1123 Words   |  5 PagesThe Cold War consist of tensions between the Soviets and the U.S. vying for dominance, and expansion throughout the world. Their complete different ideologies and vision of the postwar prevented them from working together. Stalin wants to punish Germany and make them pay outrageous sum of money for reparation. However, Truman has a different plan than Stalin. Truman believes that industrialization and democracy in Germany and throughout th e world would ensure postwar stability. Stalin also wantedRead MoreThe War Of The Cold War942 Words   |  4 PagesFeelings Do Matter At the close of World War Two in 1945, the United States entered another kind of war, the Cold War, which did not involve two adversaries in open battle fields using bullets against the Soviet Union. Throughout the Cold War, incidents fueled feelings of anxiety, mistrust and pride. Often pride is defined as â€Å"a feeling that you are more important or better than other people† (Pride). Mistrust on the other hand is the â€Å"feeling that someone is not honest and cannot be trusted†,Read MoreThe War Of The Cold War1636 Words   |  7 PagesThe U.S. learned greatly after having been declared the victor of the Cold War. Retired four-star U.S. Army general Colin Powell said, â€Å"The long bitter years of the Cold War are over. America and her allies have won; totally, decisively, and overwhelmingly† (Reed 343). The Cold War started after World War II in 1947 and ended in 1991. The U.S. underwent a political war with the Soviet Union in hopes of advancing more rapidly in certain fields, such as nuclear weapons and space crafts. Avoiding nuclearRead MoreThe War Of The Cold War1244 Words   |  5 PagesBoos echoed throughout the streets of Harlem, New York in great waves of disapproval. Hippies holding up signs supporting peace, and posters opposing the Vietnam War, otherwise known as the Cold War, greeted the tired and injured soldiers. The familiarity of their hometown created a sense of peace and warmth, despite the angry cries of protest from the enraged nonconformists. As loved ones embraced their fighters, chants of outrage broke out from the hippies, and the soldiers, relieved to be home

Swot Analysis Of E Commerce Market - 1034 Words

Strengths Large Market Share In 2014, Amazon controlled 16.2% of the market share in the U.S. E-Commerce market with sales revenue exceeding $88.9 billion. In comparison, our second largest E-Commerce competitor holds controls only 1.7% of the market with revenues of $17.9 billion in 2014, about a fifth of our total revenue. (Carter). In addition to the large market share of E-Commerce as a whole, we also hold 3.1% of all online grocery sales, only 2.3% less than that of the company with the largest market share percentage, PeaPod (McKitterick). Excellent Customer Service Our customer service is generally regarded among the best in the industry. This sentiment is echoed by 57.52% of users who report having an excellent customer service†¦show more content†¦Many companies would have told this customer to talk with the delivery company directly. However, we served this customer by replacing the product at no cost to them(Villarreal). By always putting the customer first, and providing fast and accessible customer service, we continue to provide the best customer services in both the E-Commerce industry and the world. Convenience We offer not only free Super Saver Shipping to all customers on all items sold and shipped by Amazon but also offers free two-day shipping and one-day shipping as low as $2.99 for all Amazon Prime members. A Prime membership allows customers to purchase goods in almost the same amount of time that they could from a physical store, without having to leave their houses. If you happen to live in select cities, you are also eligible for free same-day delivery as a Prime member, sometimes allowing you to get your product(s) faster than if you were to go to a store in person. (Amazon Prime Shipping Benefits.) Low Prices We also have a reputation for offering the lowest prices in a plethora of markets. For example, when comparing prices of â€Å"Seventh Generation White 140 Sheet Paper Towels, 6 Count† among online retailers, there are several other companies that carry this product at a higher price than Amazon. For example, Amazon currently sells â€Å"Seventh Generation White 140 Sheet Paper Towels, 6 Count† for $7.87, while the second cheapest option

Salary Structure On the Basis Of Gender-Free-Samples for Students

Question: Select a Current HR topic from the Media Provide brief overview of issue State better options Recommend a viable solution using best practice discussed in class and text. Answer: According to media and sources, Google has discrepancies in their salary structure which is set on the basis of gender. The female employees are being paid less than their male colleagues, according to trusted data which has provided with elaborate details on the salary structures of the employees (Wakabayashi, 2018). The disparity extends to include the bonus structure in its periphery and has indicated at the age-old beliefs and biasedness that are still prevalent in the corporate world. Under these circumstances, the female employees confront various types of discrimination like unequal opportunities at workplace, psychological stress and sexist comments. The picture only hints at the ineffectiveness of the HR policies to guarantee an unbiased organizational structure where the workers are not confronted with sexist hegemony. In order to eradicate gender based inequalities where the sex of a person plays a crucial role in determining career growth, HR should be effective to introduce a culture free of institutional bias. One of the primary functions of the HRM of an organization should be the application of equality where workers are treated equally irrespective of their ethnic diversity or sex (Mandel Semyonov, 2016). Workforce Training and Development- In order to ensure the same the HR department should program workforce training with seminars and workshops to eradicate the possibilities of sexual harassment, stereotyping, sexism (Bucker et al., 2016). A successful organization should be capable of retaining and appreciating women and ethnic minorities. The training should not only center round the organizations dominant culture and norms but proper recognition of employee potentials and female participation. The workforce training will be fundamental to retain a homogenous set of employees. Recruiting and Hiring- HR policies should ingratiate within a transparent recruiting and hiring process. In many organizations, deserving women candidates are refused a well-deserving position and this consequently results in draining of talent. HRM policies should be drafted in a way so that it eradicates systematic discrimination and to the creation of equal opportunities (Meyers Vallas, 2016). Organizational Environment- Furthermore, the current issue of workplace inequality can be monitored through the introduction of a workplace atmosphere promising equal participation, maintaining an equal proportion of male and female employees and nurturing teamwork and equal participation is crucial. Performance Appraisals- HR policies should include performance management process which would appreciate workers based on their performance and merit through 360 degree performance reviews, feedback sessions and a transparent system of performance appraisal. The primary objective of appraisals would be to uncover any forms of inequality or differential treatment which may place an employee at an unfavorable position. Some of the deep-rooted problems in todays leading organizations like Google are lack of female leaders and under-representation of women apart from a gender based pay gap. HRM should be responsible to implement the above steps within the organization to ensure a progressive workplace atmosphere Reference List: Bucker, J. J. L. E., van der Heijden, B. I. J. M., Benschop, Y. W. M., Peters, P., Schouteten, R. L. J., Poutsma, F. (2016). Sustainable organizations and the role of HR: HR related interventions towards sustainable change processes.. Mandel, H., Semyonov, M. (2016). Going back in time? Gender differences in trends and sources of the racial pay gap, 1970 to 2010.American Sociological Review,81(5), 1039-1068. Meyers, J. S., Vallas, S. P. (2016). Diversity regimes in worker cooperatives: workplace inequality under conditions of worker control.The Sociological Quarterly,57(1), 98-128. Wakabayashi, D. (2018). At Google, Employee-Led Effort Finds Men Are Paid More Than Women. Nytimes.com. Retrieved 5 February 2018, from https://www.nytimes.com/2017/09/08/technology/google-salaries-gender-disparity.html

Impacts of Multinational Corporations (MNC) Involvement in Developing Countries

Introduction Multinational Corporations (MNCs) play a fundamental role in the economic improvement of the unindustrialized nations. MNCs complement the host nation’s resources and escalate value addition on diverse products. MNCs engagement in the emerging states has created both undesirable and helpful impacts.Advertising We will write a custom essay sample on Impacts of Multinational Corporations (MNC) Involvement in Developing Countries specifically for you for only $16.05 $11/page Learn More Developing nations place a considerable expectation on their interactions with MNCs. They believe this can move them closer to the industrialized states. MNCs continue to accelerate their investments in developing nations in order to unlock the markets. Remarkably, such increments have generated numerous implications. First, they have positively influenced expansion of the economy, increased labor, accelerated production, and improvement of infrastructure. On the contrary, the undesirable impacts have taken the form of environmental degradation, widening developmental gaps, and adverse competition that hurt local businesses. Much as MNCs support the economic expansion of the unindustrialized states, their operations also create undesirable impacts, which hurt the host countries and their residents in a number of ways. Positive Impacts of MNCs MNCs contribute to the improvement of economies of the emerging states in different ways. MNCs normally generate job opportunities in the developing nations. This escalates income and spending within the economy, thus stimulating growth (Rugraff Hansen, 2011). The technological growth stimulated by MNCs also benefits the countries. Large MNCs also contribute to the host nation’s revenue base. The taxation revenue submitted by MNCs is normally higher than payments made by some local businesses (Kristensen and Morgan, 2007). Furthermore, MNCs improve the developing nation’s balance of payment. This takes place through direct investments and export of manufactured products. MNCs also improve the level of productivity and expertise within the emerging economies. The introduction of new technology in the local markets enhances production efficiency. This helps MNCs obtain an edge over local manufacturers (Kristensen and Morgan, 2007). Local industries normally attempt to enhance their competitive advantage through hiring experts and introducing technology. This further escalates production (Adeyeye, 2012). In addition, the developing nations realize benefits through the introduction of best practices and expertise. The locally generated resources may find ready market in the MNCs (Rugraff Hansen, 2011).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More MNCs also contribute to the improvement of social and development needs of the developing nations. Corporate Social Respo nsibility (CSR) programs implemented by MNCs contribute to the expansion of social services that benefit residents (Mujih, 2012). MNCs implement diverse programs such as supporting the creation of an infrastructure in hospitals and schools to improve accessibility to health care and education services. Furthermore, MNCs sometimes support the training of residents through providing scholarships (Adeyeye, 2012). MNCs normally require an enabling environment for investment. Therefore, the host nations that seek to attract MNCs normally undertake diverse investment reforms. The reforms aim at expanding and creating suitable business environment (Kristensen and Morgan, 2007). MNCs contribute to the enhancement of economic reforms, which eventually places the country in the right track to pursuing development. Negative Impacts of MNCs MNCs in the developing economies often cause small business to suffer Large MNCs operate at high levels and generates quality products (Bobo, 2005). Further more, most MNCs have brands that consumers in diverse parts of the world identify with easily. In most cases, small businesses performance declines may lead winding up. MNCs also provide opportunities such as discounts and free samples to clients, thus widening their customer base at the expense of local businesses (Bobo, 2005). Notably, MNCs may take advantage of the modest status of the emerging economies to control them disproportionately. MNCs can infiltrate the government of the developing economies in order to enhance their operations. However, the challenge MNCs present to the countries may include providing poor work conditions and violation of business regulations (Rugraff Hansen, 2011). Some MNCs also engage in corruption deals with people in leadership positions in order to buy protection when they engage in illegal activities. MNCs promote problems of wage inequality in the emerging economies. Employees working for MNCs receive better payments than people employed by th e local business establishments. MNCs normally attract highly trained workforce (Bobo, 2005). These people receive huge salaries as opposed to unskilled workforce, thus creating high levels of wage inequality. MNCs operating in the developing states also generate inconsistencies regarding different matters. The emerging states and her residents can easily lose intellectual property rights for their inventions. MNCs continue to promote economic inequality in countries where they operate. The gaps between the richest individuals and the most economically underprivileged continue to escalate because of MNCs. The large investors practice capitalism that has disadvantaged the poor (Bobo, 2005). Their engagement in the evolving nations is associated with overexploitation of resources, thus leading to more poverty.Advertising We will write a custom essay sample on Impacts of Multinational Corporations (MNC) Involvement in Developing Countries specifically for you for only $1 6.05 $11/page Learn More MNCs also cause adverse environmental impacts in the developing states. Their operations promote environmental pollution because most developing nations have less stringent regulations (Kristensen and Morgan, 2007). Furthermore, MNCs may fail to adhere to regulations against pollution because of the need to maximize their profits. Conclusion The contributions made by MNCs in the evolving economies are evident. However, MNCs also present adverse impacts on the developing nations. The positive contributions are associated with economic expansion and improvement of social development (Adeyeye, 2012). On the contrary, MNCs operations have affected the states through escalating inequalities, killing of small businesses, and environmental concerns. Bibliography Adeyeye, A. 2012,  Corporate social responsibility of multinational corporations in developing countries: perspectives on anti-corruption, Cambridge University Press, Cambridge. Bobo, B. F. 2005,  Rich country, poor country: the multinational as change agent, Praeger, Westport. Kristensen, P. H. and Morgan, G. 2007, â€Å"Multinationals and institutional competitiveness†, Regulation Governance, Vol. 1, pp.197–212, doi:  10.1111/j.1748-5991.2007.00017.x. Mujih, E. 2012,  Regulating multinationals in developing countries: a conceptual and legal framework for corporate social responsibility, Gower Pub, Surrey. Rugraff, E., Hansen, M. W. 2011,  Multinational corporations and local firms in emerging economies, Amsterdam University Press, Amsterdam.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This essay on Impacts of Multinational Corporations (MNC) Involvement in Developing Countries was written and submitted by user Jazmine Velasquez to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Social computing in global businesses

Social computing in global businesses Introduction Human beings have always lived in groups and societies from the beginning of their existence on the planet. Being in groups and congregations fulfilled many basic human needs, such as, safety, cooperation in getting food, water or shelter. The presence of societies and groups also helped in getting approval from others. Humans like to interact with one another and be heard, accepted and followed.Advertising We will write a custom essay sample on Social computing in global businesses specifically for you for only $16.05 $11/page Learn More This human tendency and need for belonging to groups is what ignited the spark of social computing; the phenomenon will be the focus of this white paper. The establishment of societies, groups and interactions that connect many people online is just an imitation of human behaviour in the real world. The difference is that social computing uses IT and the internet as the main medium of communication rather than face-to-face communication used in real life. During the course of this paper we will try to cover some information about social computing. We will discuss its meaning and definition; then we will briefly talk about its history and how it came to existence in its modern form. The different types of social computing applications and mediums will be mentioned and how they are used to create and promote interactions between people. The use of social computing for businesses takes a different path than the one used for personal interactions. For organisations to utilise social computing, they have to know the benefits they can gain from using such a powerful tool. The different benefits companies can get from using social computing will also be discussed. This will illustrate to the reader that it is not just individuals who can benefit from social computing, but businesses can also gain enormously from such tools. In order to show how some global businesses have used social computing, we will also include some examples of companies that are actively using social computing to improve their business practices. Focus will also be given to their communication strategies with all members of their value chain. Additionally, since we know that our audience is in the U.A.E., we will discuss how organisations and businesses in the United Arab Emirates can use the power of social computing to improve their profitability and their relationships with customers, suppliers, staff and all the other entities that they deal with. Definition of social computing Social computing started during the 1960’s with the recognition of the idea that computers are used for communication and not just for computation (McDonald 12). Social computing can be defined as â€Å"the shared and interactive aspect of online behaviour† (Rouse 30). Some of the major elements of social computing include blogs, wikis, instant messaging, Twitter, social networking, RSS, and social bookmarking sites (Rouse 9).Advertising Looking for essay on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More Social computing is the practice of expanding the contacts of our business and/or social relations through creating connections with individuals. The supreme potential of the Internet promotes social computing through web-based groups created for that purpose. Social computing creates interconnected Internet communities that help persons to make contacts. Web sites dedicated to social computing are many, such as, Friendster, Linkedin, Spoke, and Tribe Networks, IBM and Microsoft. Social computing is a collection of technologies driving a remarkable evolution of the Web in growth and investment. Social computing is based on digital systems that support online social interaction. Social interactions can occur through email, sharing photos, and instant messaging. Such interactions are typically social for the reason that they are mainly about communicating with people. Also, there are other kinds of online social activities such as creating a web page, offering something on eBayâ„ ¢, following others on Twitterâ„ ¢, and editing in Wikipedia. These activities involve people that one may not know. Social computing is about how digital systems support social interactions. It engages people by providing communication mechanisms for interactions, chatting, sharing information, processing and displaying traces of online interfaces (McDonald 15). History of Social Computing Social computing has been around for quite some time. Some people may say that it dates back to the 1960s. At that time, scientists and experts in IT started to realise that computers can be used for communication as well as computation. In 1961 Simon Ramo discussed the possibility of many people being connected together through the use of computers. He said it is a degree of citizen participation unthinkable today. (Ramo 1) In 1968 a book written by Licklider and Taylor called The Computer as a Communication Device was published. The book spoke about the emergence of interactive communities that joined people from different geographical areas together. They had common interests and were using IT systems as their main method of communicating. Even though the discussion about using computer systems to connect people started in the early 1960s, it wasnt until the 1970s that computer-based communication had started. The earliest systems that utilized computers in communication between people included Emissary and Eis systems. They were used for what experts called computer conferencing. Furthermore, in the 1970s the University of Illinois introduced PLATO Notes. Mailing lists were introduced for the first time ever on ARPANET (Advanced Research Projects Agency Network). (Licklider and Taylor 2).Advertising We will write a custom essay sample on Social computing in global businesses specifically for you for only $16.05 $11/page Learn More After these programs opened the door, the 1980s saw an increase of IT systems that used computers to connect people. Social interactions through online text conversations increased, and bulletin boards emerged. Also the 80s saw the introduction of Internet Relay Chat and USENET. USENET was started as an online community that users could utilise to communicate with each other. They could discuss different issues of mutual concern through posts and threads on topics. Another way of using computers for communication in the 1980s was bulletin boards. They mimicked traditional bulletin boards used by people to post topics or issues of interest to different members of society. In the 1990s advances continued in IT infrastructure, and so did developments in communication technology. The introduction of the web in the 90s helped to advance social computing greatly. It caused a revolution by increasing connection speeds and bandwidth s. Nonetheless, when the web first started, social interactions and communication between people were limited to content that people used to upload on webpages. Most of them shared links with other users; this is quite different from the social computing that exists today. Webpage uploads were the beginning of dramatic changes in the way people interacted with each other over extended geographical areas. Little regard would be given to distance or natural barriers in this platform. The internet actually made the idea of social computing in its current sense a reality. People didn’t have to be on the same local network or in the same area in order to interact and communicate with each other. In the late 1990s and the beginning of the 21st century, IT systems became more capable of facilitating communication between people and entities in a way that used computational power. Not only did this allow people to interact directly with each other, but it also fed results back into t he system in a way that enriched social interactions. The systems became more tailor-made for individual users. An example of this application is feedback or suggestions that one gets when using search engines like Google, YouTube, Amazon or EBay. Nowadays social computing applications and functions are an essential part of almost any website. Businesses have recognized the importance of such applications and are using them very heavily to increase interactions with customers, suppliers and other members of the value chain. This increased dependency on social computing is causing these websites and applications to become an integral part of people’s daily lives.Advertising Looking for essay on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More Types of social computing applications One of the types of social computing applications that create the aboves of successful use of social computing As discussed earlier, social computing leads to staff improvement. A company that demonstrated these abilities was IPC Inc. It is a healthcare institution that used social software to harness distributed knowledge. Physicians in this company faced daily challenges that were new to them. Many of these professionals used social software to contact other physicians. Through this avenue, they could converse about clinical matters or patient challenges. Their version of social software provided them with access to about 1000 doctors in real time. If a physician had to make a critical decision about a certain patient, and was uncertain about it, all he had to do was communicate with the other physicians. The hospital improved its response times as well as its quality of care. Besides, it led to greater physician satisfaction because doctors were not working alone (Miller et al. 19). Some companies embrace social software in order to increase business performance or boost financial revenue. One organisation that enjoyed this reward was OSIsoft. The company identified a challenge that social networking could solve; poor problem resolution. Prior to implementation of enterprise social computing, the customer support department was unable to respond quickly and accurately to customer inquiries. This minimised customer satisfaction and hence business outcomes. After the adoption of social software, OSIsoft easily accessed experts based on relevant topics. Customer support staff could also engage in ongoing discussions with engineers about technical issues that customers needed to know. All learning was documented through wiki articles. Some of the information came from call logs while others stemmed from experts. Employees took on the responsibility of creating knowledge as it was not just a duty assigned to a small team. I n the end, problem resolution improved dramatically. Customers were satisfied and this increased the amount of business they brought to the company. OSIsoft reaped tangible financial results because of social media use (Miller et al. 27). Most firms utilise social computing in order to boost their marketing strategies. In fact, when one talks about social technology, most people will automatically think about Twitter and Facebook. While consumer driven applications are vital in organisations, deeper analyses of collaborative tools need to be done (O’Driscoll 29). However, it is still necessary to look at case studies of companies that harnessed these consumer-driven technologies. One company that demonstrated the power of social networking in marketing was Toyota. In 2010, the company had quality control issues with their automobiles. They needed to recall a vast number of units, and this took a toll on their brand image. The company decided to target social networking websit e users in order to minimise this damage. At any one time, there were almost a dozen Toyota employees monitoring Facebook and other social networking websites for commentaries about the company. The workers would respond to complaints and comments as soon as they arose thus ensuring that Toyota would not fall prey to negative publicity. After about 6 months, not only had the firm managed to salvage its reputation, but it expanded its Facebook fan base by about ten percent (Messinger et al. 190). Therefore, social computing allows companies to target consumers directly concerning various aspects of marketing, such as, branding. Educational institutions have also used social computing to improve marketing performance. One such entity was Phoenix University. It has several online programs that it offers students all around the world. In order to enhance their experience, the institution created documentaries that talk about the institutional rules and regulations. Furthermore, the firm needed to reach a vast pool of potential clients. It did this by publishing reviews and video testimonials on YouTube. These allowed interested individuals to access information at their fingertips. Furthermore, it placed the firm at the top of search results about online tertiary institutions (Messinger et al. 220). Retail organisations can also use social computing in order to learn about and meet client needs. Best Buy is an example of a company that successfully did this. It asked Facebook members about their best vampire movies. The company acted on those responses by placing all the popular ones on sale. As such, Best Buy demonstrated that social computing can be a low-cost strategy of getting feedback from customers. This enables firms to meet their needs directly and more effectively. Aside from the marketing function, some firms have used social computing in order to facilitate communication. As Peter Kim explains in a YouTube video on the power of people, a certain restau rant in Texas utilised its Facebook page as a platform for strengthening its ties with staff members. The area in which the restaurant was located was burnt by a huge fire. Many of the company’s employees lost their belongings and homes as a result. Employees used the restaurant’s Facebook page to air out their grievances. It was a place where they could get solace from colleagues. The organisation leveraged on social computing to enhance its business-to-employee relationship (Kim). How to use social computing to improve business practices in UAE Social computing can revolutionise the way companies carry out businesses in the UAE. It is not enough for companies to use social media in order to market new products or reach new clientele; firms need to create sustained value through this phenomenon. UAE companies need to use social computing to develop their business in all realms; that is, in supplies, human resources, operations, marketing and public relations (Dachis G roup 5). Firms in this country need to apply the concept when dealing with collaboration between two or more employees. They should also embrace it when optimising their supply chains. Social computing can also lead to better business to customer engagement. The phenomenon can contribute to organisational strategy in the area of connections, analytics, culture and even content exchanges. Companies in the UAE need to realise that social computing will cause them to harness market trends that can drive their business models into the future (Parameswaran Whinston 765). Employees and consumers have altered their power over brands as well as IT processes. Workers are using social computing to get past the chain of command inherent in previous technological tools or processes. Customers are taking control of how their brands are perceived, so organisations in the UAE need to embrace this business-transforming idea (IBM 8). In order to understand how social computing will gain relevance i n the UAE business climate, firms need to demonstrate certain features after its adoption. Social business can assist firms in becoming engaged. They will become deeply connected to employees, partners, and most importantly, customers. As a result, most of these organisations will become more efficient and productive. Social computing will also increase transparency in an organisation by elimination of boundaries that may exist in a company. Sometimes these boundaries can prevent a business from sharing information or utilising certain assets. Lack of transparency may also minimise access to experts, social computing would eradicate that problem. Social business would also improve business practices in the UAE by eliminating boundaries in the above mentioned areas. Companies will also increase their rates of doing business if they take on social computing. They can anticipate problems and address them early on. Firms can also harness new opportunities that will give them an edge ove r their competitors (Schwartz 1). Social computing enables businesses to capture knowledge, and hence boost their financial outcomes. For UAE organisations to compete favourably, they need to harness as much information as possible. However, the business climate in the country has changed; a lot of companies exist and transactions take place virtually. This calls for a different approach to harnessing knowledge from stakeholders in order to boost a company’s competiveness (Schwartz 1). Social computing can improve communication within UAE organisations and outside. Companies can reach their customers, suppliers and partners in real time in order to have conversations with them. Workers can share ideas and insights about certain challenges and thus boost organisational outcomes. Furthermore, the phenomenon will also assist UAE firms in improving staff performance. First organisations can attract appropriate talent through collaborative media. They can also retain talent by all owing their staff to mix work priorities with social needs. This creates a community that has high levels of organisational loyalty. Perhaps one of the most direct and obvious benefits of social computing is strengthening marketing efforts in the UAE. These applications will allow companies to reach customers in new and exciting ways. They will facilitate relationship marketing and also expand consumer pools (Parameswaran Whinston 765). Conclusion Social computing empowers businesses to increase creativity, organise business strategies and strengthen social interactions. This means that they can reach new clients, facilitate better internal communication, keep up with industry trends, increase business outcomes (financial returns), strengthen employee commitment and communicate with partners more easily. Social computing leads to better financial, human resource, marketing and communication outcomes. Bughin, Jacques, Angela Byers Michael Chui. How social technologies are extendin g the organisation. Nov. 2011. Web.. †¹mckinseyquarterly.com/High_Tech/Strategy_Analysis/How_social_technologies_are_extending_the_organization_2888†º Dachis Group. The definition of social business. June 2012. Web. †¹dachisgroup.com/2012/06/the-definition-of-social-business/†º Fun, Rachael Christian Wagner. â€Å"Weblogging: A study of social computing and its impact on organisations†. IT and value creation 45.2(2008): 242-250. Print. IBM. IBM social business. 2012. Web.. †¹ibm.com/smarterplanet/us/en/socialbusiness/overview/index.html†º Kim, Peter. The power of people. 2012. Web.. †¹https://www.youtube.com/watch?v=VIMR3uHMWz4†º Licklider, Jack Taylor Robert. The computer as a communication device 1968. Web.. †¹comunicazione.uniroma1.it/materiali/20.20.03_licklider-taylor.pdf. †º McDonald, David. Social Computing, 2011. Web. †¹interaction-design.org/encyclopedia/social_computing.html†º Messinger, Paul, Eleni Strou lia, Kelly Lyons, Michael Bone, Run Niu, Kristen Smirnov, Stephen Perelgut. â€Å"Virtual worlds – past, present and future: new directions in social computing.† Online communities and social network 47.3(2009): 204-228. Print. Miller. Megan, Aliza Marks Marcelus DeCoulode. Social software for business performance.2011. PDF file. Web.. †¹deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_%20Social%20Software%20for%20Business_031011.pdf†º O’Driscoll, Tony. â€Å"Transforming collaboration with social tools.† Technology Forecast 3: 1-68. 2011. Web. Parameswaran, Manoj Andrew Whinston. â€Å"Social computing: an overview.† Communications of the Association for Information Systems 19(2007): 762-780. Print. Ramo, Simon. Teaching machines and programmed learning: a source book. Washington, DC: NEA, 1961. Print. Rasmus, Daniel Rob Salkowitz. Social computing in the enterprise 2009. PDF file. 22 Jun. 2012 †¹ http://download.microsoft.com/download/8/3/A/83A83256-4BC7-4512-9C73-2B6AB50F144E/Social_Computing_in_the_Enterprise.pdf†º Rouse, M. Social computing. 2010. Web.. †¹http://searchwinit.techtarget.com/definition/social-computing-SoC†º Schwartz, Jonathan. â€Å"If you want to lead, Blog.† Harvard Business Review Nov. 2005: 1. Print.

Restaurant Proposal Essay Example | Topics and Well Written Essays - 1250 words

Restaurant Proposal - Essay Example know how much time customers are currently spending in lines and how much time they will spend in lines in a new layout by using the new process that CEI shall develop. These changes are expected to help the restaurant increase profits by reducing costs, retaining customers, and attracting new customers. CEI team will visit the restaurant and examine the current layout of the premises, collecting data on site. The team will analyse the data and develop conclusions and recommendations that will help improve the facility’s layout and reduce the time customers take to wait on line and the confusion thereof. This proposal presents the plan on how this project will be done. Village Grill is a cafeteria style restaurant which started its operations in 1996 in the busy university town of Waterside, Michigan. The Grill offers comfort foods that are seasonal and are made with locally grown ingredients. The profits of the Grill have increased since 1996 but revenues began to decline in 2012. The owner, Mr. Wright attributes the decline to the construction of a bridge, which is reducing access to the restaurant. Originally, the customer service and eating area in the restaurant originally consisted of two food lines, which offered the same food choices, and two centrally located cash registers. As the number of customers increased, the Grill added another food line and rearranged the types of foods offered in each line. In the current layout of the restaurant, customers enter the restaurant and walk in a circle along the outside edge of the room to choose their food. Sometimes customers cross through the middle of the seating area and join another part of the line. After the customers select their food, they walk to one of the two registers to pay. The lines at the registers often intermingle with the lines at the food bars and sometimes the cash register lines extend into the seating area. This creates confusion. In addition, the Grill recently began offering take-out

Strategic Alliance of two companies Essay Example | Topics and Well Written Essays - 2500 words

Strategic Alliance of two companies - Essay Example After being aligned together Sony Ericsson in a short span of time captured the market share of Nokia, Motorola and Samsung. The main reason behind this gaining of market share was the reasonable price of the phone, additional features, attractive looking of the mobile phones. Slowly and gradually they are making advancement in technologies and bring better phones into the market for the consumers. The consumers are satisfied with the products of Sony Ericsson and the eye catching mobile phones of Sony Ericsson are a brand in the minds of the customers. The Stylishness of the phone along with the features including Camera, Blue tooth, Infrared, Java enabled games, mp3 player being available at a reasonable price, and easy to use mobile phone. Most consumers are opting for the Sony Ericsson Mobile phones. With the changing times, people have started to adapt to changing technologies and quite rightly so, Sony Ericsson has caught on the bandwagon well. Strategic alliances are chances for small businesses to achieve things that would otherwise take much more money or staff time. There are several ways small businesses can work together with other business unit. While you may be courageously stepping down the path of running and increasing your businesses, there may come a time when you need to form strategic alliances for your business. Given the current state of business today, competitive pressures are forcing companies to come-up with creative ways to improve brand identity, attach with clientele and draw top-notch staff. Corporations are teaming up more today to enhance their competitiveness in the marketplace and keep speed with the quick modification of technological improvement. More than 20,000 corporate alliances have been formed worldwide over the past two years. Strategic alliances are shaped when one company alone cannot fill the gap in helping the needs

Managerial Economics Essay Example for Free

Managerial Economics Essay Chapter 1: Introduction to Managerial Economics 4. Describe the importance of the other things equal assumption in managerial economic analysis. 5. Describe what constitutes a market, distinguish competitive from non-competitive markets, and discuss imperfect markets. 6. Emphasize the globalization of markets. NOTES 1. Definition. Managerial economics is the science of directing scarce resources to manage cost effectively. 2. Application. Managerial economics applies to: (a) Businesses (such as decisions in relation to customers including pricing and advertising; suppliers; competitors or the internal workings of the organization), nonprofit organizations, and households. (b) The â€Å"old economy† and â€Å"new economy† in essentially the same way except for two distinctive aspects of the â€Å"new economy†: the importance of network  effects and scale and scope economies. i. network effects in demand – the benefit provided by a service depends on the total number of other users, e.g., when only one person had email, she had no one to communicate with, but with 100 mm users on line, the demand for Internet services mushroomed. ii. scale and scope economies – scaleability is the degree to which scale and scope of a business can be increased without a corresponding increase in costs, e.g., the information in Yahoo is eminently scaleable (the same information can serve 100 as well as 100 mm users) and to serve a larger number of users, Yahoo needs only increase the capacity of its computers and links. iii. Note: the term open technology (of the Internet) refers to the relatively free admission of developers of content and applications. (c) Both global and local markets. 3. Scope. (a) Microeconomics – the study of individual economic behavior where resources are costly, e.g., how consumers respond to changes in prices and income, how businesses decide on employment and sales, voters’ behavior and setting of tax policy. (b) Managerial economies – the application of microeconomics to managerial issues (a scope more limited than microeconomics). (c) Macroeconomics – the study of aggregate economic variables directly (as opposed to the aggregation of individual consumers and businesses), e.g., issues relating to interest and exchange rates, inflation, unemployment, import and export policies. 2 Chapter 1: Introduction to Managerial Economics 4. Methodology. (a) Fundamental premise economic behavior is systematic and therefore can be studied. Systematic economic behavior means individuals share common motivations and behave systematically in making economic choices, i.e, a person who faces the same choices at two different times will behave in the same way both times. (b) Economic model – a concise description of behavior and outcomes: i. focuses on particular issues and key variables (e.g., price, salary), omits considerable information, hence unrealistic at times; ii. constructed by inductive reasoning; iii. to be tested with empirical data and revised as appropriate. 5. Basic concepts. (a) Margin vis a vis average variables in managerial economics analyses. i. marginal value of a variable – the change in the variable associated with a unit increase in a driver, e.g., amount earned by working one more hour; ii. average value of a variable – the total value of the variable divided by the total quantity of a driver, e.g., total pay divided by total no. of hours worked; iii. driver – the independent variable, e.g., no. of hours worked; iv. the marginal value of a variable may be less that, equal to, or greater than the average value, depending on whether the marginal value is decreasing, constant or increasing with respect to the driver; v. if the marginal value of a variable is greater than its average value, the average value increases, and vice versa. (b) Stocks and flows. i. stock – the quantity at a specific point in time, measured in units of the item, e.g., items on a balance sheet (assets and liabilities), the world’s oil reserves in the beginning of a year; ii. Flow – the change in stock over some period of time, measured in units per time period e.g., items on an income statement (receipts and expenses), the world’s current production of oil per day. (c) Holding other things equal – the assumption that all other relevant factors do not change, and is made so that changes due to the factor being studied may be examined independently of those other factors. Having analysed the effects of each factor, they can be put together for the complete picture. 6. Organizational boundaries. (a) Organizations include businesses, non-profits and households. (b) Vertical boundaries – delineate activities closer to or further from the end user. (c) Horizontal boundaries relate to economies of scale (rate of production or delivery of a good or service) and scope (range of different items produced or delivered). 3 Chapter 1: Introduction to Managerial Economics (d) Organizations which are members of the same industry may choose different vertical and horizontal boundaries. 7. Competitive markets. (a) Markets. i. a market consists of buyers and sellers that communicate with one another for voluntary exchange. It is not limited by physical structure. ii. in markets for consumer products, the buyers are households and sellers are businesses. iii. in markets for industrial products, both buyers and sellers are businesses. iv. in markets for human resources, buyers are businesses and sellers are households. v. Note: an industry is made up of businesses engaged in the production or delivery of the same or similar items. (b) Competitive markets. i. markets with many buyers and many sellers, where buyers provide the demand and sellers provide the supply, e.g., the silver market. ii. the demand-supply model basic starting point of managerial economics, the model describes the systematic effect of changes in prices and other economic variables on buyers and sellers, and the interaction of these choices. (c) Non-competitive markets – a market in which market power exists. 8. Market power. (a) Market power the ability of a buyer or seller to influence market conditions. A seller with market power will have the freedom to choose suppliers, set prices and influence demand. (b) Businesses with market power, whether buyers or sellers, still need to understand and manage their costs. (c) In addition to managing costs, sellers with market power need to manage their demand through price, advertising, and policy toward competitors. 9. Imperfect Market. (a) Imperfect market where one party directly conveys a benefit or cost to others, or where one party has better information than others. (b) The challenge is to resolve the imperfection and be cost-effective. (c) Imperfections can also arise within an organization, and hence, another issue in managerial economics is how to structure incentives and organizations. 10. Local vis a vis global markets. (a) Local markets – owing to relatively high costs of communication and trade, some markets are local, e.g., housing, groceries. The price in one local market is independent of prices in other local markets. 4 Chapter 1: Introduction to Managerial Economics (b) Global markets owing to relatively low costs of communication and trade, some markets are global, e.g., mining, shipping, financial services. The price of an item with a global market in one place will move together with the pries elsewhere. (c) Whether a market is local or global, the same managerial economic principles apply. (d) Note: Falling costs of communication and trade are causing more markets to be more integrated across geographical border – enabling the opportunity to sell in new markets as well as global sourcing. Foreign sources may provide cheaper skilled labor, specialized resources, or superior quality, resulting in lower production costs and/or improved quality. ANSWERS TO PROGRESS CHECKS 1A. The managerial economics of the â€Å"new economy† is much the same as that of the â€Å"old economy† with two aspects being more important – network effects in demand and scale and scope economies. 1B. Vertical boundaries delineate activities closer to or further from the end user. Horizontal boundaries define the scale and scope of operations. ANSWERS TO REVIEW QUESTIONS 1. Marketing over the Internet is a scaleable activity. Delivery through UPS is somewhat scaleable: UPS already incurs the fixed cost of an international collection and distribution network; it may be willing to give Amazon bulk discounts for larger volumes of business. 2. Number of cars in service January 2002 + production + imports – exports – scrappage during 2002 = Number of cars in service January 2003. Number of cars in service is stock; other variables are flows. 3. [omitted]. 4. No, models must be less than completely realistic to be useful. 5. (a) Average price per minute = (210 + 120 x 4)/5 = 138 yen per minute. (b) Price of marginal minute = 120 yen. 6. (a) Flow; (b) Stock; (c) Stock. 5 Chapter 1: Introduction to Managerial Economics 7. (a) The electricity market includes buyers and sellers. (b) industry consists of sellers only. The electricity 8. (a) False. (b) False. 9. [omitted]. 10. If there are scale economies, the organization could product at a lower cost on a larger scale, which means wider horizontal boundaries; and vice versa. 11. Yes. Horizontal boundaries: how many product categories should it sell? Vertical boundaries: should it operate its own warehouses and delivery service? 12. Intel has relatively more market power. 13. (b). 14. Both (a) and (b). 15. Competitive markets have large numbers of buyers and sellers, none of which can influence market conditions. By contrast, a buyer or seller with market power can influence market conditions. A market is imperfect if one party directly conveys benefits or costs to others, or if one party has better information than another. WORKED ANSWER TO DISCUSSION QUESTION Jupiter Car Rental offers two schemes for rental of a compact car. It charges $60 per day for an unlimited mileage plan, and $40 per day for a time-and-mileage plan with 100 free miles plus 20 cents a mile for mileage in excess of the free allowance. a. For a customer who plans to drive 50 miles, which is the cheaper plan. What are the average and marginal costs per mile of rental? (The marginal cost is the cost of an additional mile of usage.) b. For a customer who plans to drive 150 miles, which is the cheaper plan. What are the average and marginal costs per mile of rental? c. If Jupiter raises the basic charge for the time-and-mileage plan to $44 per day, how would that affect the average and marginal costs for a customer who drives 50 miles? 6 Chapter 1: Introduction to Managerial Economics Answer (a) It is helpful to sketch the total rental cost as a function of the mileage (see figure below). The breakeven between the two plans is at 200 miles per day. For 50 miles, the time-and-mileage plan is cheaper. Average cost = $40/50 = 80 cents per mile. Marginal cost = 0. Total cost ($) time-and-mileage plan unlimited mileage plan $60 $40 0 100 200 Quantity (miles per day) (b) For the 150 mile customer, the time-and-mileage plan is still cheaper. Average cost = $(40 + 0.2 x 50)/150 = 33 cents per mile; marginal cost = 20 cents per mile. (c) After the increase in the basic charge, the average cost = $(44 + 0.2 x 50)/150 = 36 cents per mile, while marginal cost = 20 cents per mile. The increase in the basic charge doesn’t affect the marginal cost. 7

Philippine Retirement Authority :: essays research papers

An Information Technology Audit on the Philippine Retirement Authority Special Retiree Service Syste 1.0 INTRODUCTION The previous paper illustrated the present state of the Philippine Retirement Authority, its processes, and finally concluded with an assessment of its the SWOT elements. This report follows up by asking: Given its vision of developing the Philippines into a retirement haven, will investing in information technology bring the PRA closer to its vision? We believe that there is enough impetus to pursue investments in information technology for reasons that many tourist entries are enjoyed by the country, while the number of retirees is expected to dramatically increase as worldwide populations, particularly baby boomers, age. Given the PRA’s current membership level of 3,600+ members, there exists a potential for at least 15,000 members by the end of 2010. In the face of peace and order, austerity measures, and foreign competition, the benefits seem to far outweigh the risks. It is with this conclusion that a 2-pronged approach is recommended in order to move the PRA closer to its vision. These are: (1) Enhancing marketing capability which will lead to higher sales, and (2) Building operational capacity through the creation of efficient processes, and introducing new and radical means of doing things. 2.0 A GLIMPSE INTO THE FUTURE: THE PRA IN 2034 †¦ 3.0 WITHIN REACH: THE PRA IN 2007 †¦ 4.0 NEW BUSINESS PROCESS PROJECTED With the new capabilities that can be developed, the business process of PRA can be enhanced to shift from a procedure-based perspective into a more qualitative marketing and servicing oriented thrust. A projected business process may be designed as follows: 4.1 Build/Maintain Strong Market Presence From the current â€Å"hunting† approach that involves looking, approaching and convincing clients to know about PRA and the SRRV Program, a more dynamic thrust can be established. The activities that will be covered by this step will include the expansion of accreditation of resorts, hotels, travel agencies, service/medical/care-giving facilities as well as networking with local and international marketers. The interactive website can serve as the web portal of the retirees for their special and various needs. The site may be able to generate interest among foreigners and former Filipinos. From a low-profile government agency, it is important for PRA to make itself felt and to push itself into the attention of the retirees market. The prospecting and invitation steps in the current business process will also be included in this step. All marketing communications in every media channel will also fall in this process.

Academic Success A By Product Of Environmental Factors Education Essay

AbstractionThe research inquiry of this essay is, ‘To What Extent is Academic Success a By-product of Environmental Factors? ‘ I investigated this inquiry by researching the consequence that environmental factors have on academic success. This was so moderated by assorted other possible factors, including cognitive and biological 1s. I evaluated my findings by weighing out the significance of each factor and the value of the back uping surveies. Upon finishing the research it was found motive was a really important factor act uponing academic success, non merely because the surveies described were dependable and gave strong support, but besides because motive linked with the other factors excessively, for illustration, it showed up in equal webs and rearing. This brought me to the decision that motive was the most dominant factor impacting academic success. After motive, I evaluated that environmental factors were the following most influential factors, followed by intell igence. It was besides noted that the factors did n't lie on separate continuums and could be combined to increase academic success. Furthermore, the factors should be researched more jointly in future research to measure the research inquiry, instead than look intoing each individually.IntroductionMuch research has gone into instruction in psychological science, peculiarly the factors act uponing academic success. However, non adequate research has focused on finding which factors are the most influential. Such factors may include environmental influences ; such as equal webs, parents, instructors and socioeconomic position, cognitive influences such as motive, and biological influences such as intelligence. The chief failing of the bing research on factors impacting academic success is the focal point on merely one factor, and the deficiency of comparing to other factors. One such illustration is the experiment conducted by Kruse ( 1996 ) , where the influence of socioeconomic position ( SES ) on academic accomplishment was investigated by comparing grade norms of pupils from different income groups. Results showed an undistinguished difference between the groups, nevertheless research cited in Kruse ‘s reappraisal of literature suggested otherwise. Despite the usage of this survey to find the consequence of SES on academic accomplishment, it does non assist to find how influential SES compared to other factors. However, one strength of the bing research is the copiousness and dependability of it. As it is a popular country of research due to its pertinence to instruction, the informations and decisions made can be considered extremely dependable. The chief subject of this essay is factors impacting academic success, but more exactly, the research inquiry is ‘To What Extent is Academic Success a By-product of Environmental Factors? ‘ The footings ‘Academic Success ‘ and ‘Environmental Factors ‘ should be defined ; Academic success is the high accomplishment and public presentation in academic topics most frequently measured in footings of standardised tonss or mean classs in research, and Environmental Factors include peer webs, parents, instructors and socioeconomic position. Both footings will be defined in more item in the reappraisal of literature. Reappraisal of LiteratureAcademic SuccessThe primary intent of schools is seen as fixing pupils to go knowing, responsible, and caring citizens ( Payton et al. , 2000 ; Zins, Elias, Greenberg, & A ; Weissberg, 2000 ) . This is consistent with Combs ( 1986 ) who argued that schools are concerned with making the sorts of experiences that develop productive, healthy people. Fullan argued that the intent of instruction is to construct larning communities- communities that conveying moral intent back into instruction and reconnect instructors with their cardinal intent of doing a difference in immature people ‘s lives ( 2000 ) . Clearly, instruction is about more than merely accomplishing in tests, it is about developing emotionally and socially, and fixing for life beyond school. However, for the intent of this essay a remarkable less nuanced position of instruction: Education ‘s intent is to cultivate high-achieving pupils. Such a narrow focal point has restrictions but it w ill let the subject to be explored within the word bound. Therefore, person who achieves academic success is person who performs good in academics/education. Academic success is the high accomplishment and public presentation in academic topics. Achievement and public presentation is measured through tonss on tests, trials and Grade Point Averages ( GPAs ) . Examples include the International Baccalaureate, the A-Levels and Scholastic Aptitude Tests ( SATs ) . These accomplishment and aptitude trials step cognition and apprehension of a course of study. Students who are non intelligent are still able to accomplish extremely in these tests as there is a whole scope of factors impacting public presentation. The undermentioned subdivisions will discourse factors impacting academic success.Environmental Influencesa ) Socioeconomic positionToday many definitions of socioeconomic position ( SES ) include the thought of capital ( resources, assets ) ( Bradley & A ; Corwyn, 2002 ) . Capital includes fiscal and material resources ( income, assets ) , human or immaterial resources ( e.g. , parental instruction ) , and societal resources ( those obtained through societal webs and connexions ) ( Putnam, 2000 ) . Intuitively, SES seems to be really influential for a kid ‘s motive and academic success. Children from non-low income households have the benefit of interacting with parents of higher educational accomplishment and concern success of some degree. Kruse ( 1996 ) argued that this environment can actuate pupils to endeavor for success and are hence more motivated in this respect. The nexus between household SES and a kid ‘s academic accomplishment is good established ( Meece, 2002 ) . Child from lower socioeconomic backgrounds typically display lower academic accomplishment and are at greater hazard of school failure and dropout ( Borkowski & A ; Thorpe, 1994 ) ; but low SES does non do low accomplishment, instead it is associated with it. In a survey conducted by Kruse ( 1996 ) , to find so if pupils from low socioeconomic environments have lower academic accomplishment compared to the academic accomplishment of pupils from higher socioeconomic environments, research cited in the reappraisal of literature provinces that there is an achievement spread between low income and non-low income pupils ( Yellin & A ; Koetting, 1991 ) . Kruse used a sample of 66 6th-grade scientific discipline pupils at Travis Middle School in Texas. Students were divided into a low income group and a non-low income group. Midterm and concluding grade-averages were determined from each group. The midterm and concluding mean tonss for the non-low income pupils were 86.72 and 88.17. The average tonss for the low income pupils were 76.70 and 80.11. Kruse concluded that there was no important difference in academic accomplishment between pupils from low income environments and those from non-low income environments. However, grounds for the differ ing decisions between Kruse ‘s and the psychologists cited in the literature reappraisal may be Kruse used a little sample of 66 pupils. A larger sample would be necessary to do generalisations to a larger population. Kruse limited academic accomplishment to science norms for two tests. Academic accomplishment could be measured by including all nucleus topics. Besides, the rating clip period should be increased from one academic twelvemonth to several. Kruse and Yellin & A ; Koetting clearly had opposing decisions as to whether socioeconomic position influences academic accomplishment, supplying an unsure overall decision.B ) Peer websAn increasing sum of research has examined the function of equal webs. A equal web is a big group of equals with whom pupils associate. Students in equal webs tend to be extremely similar to each other ( Cairns, Cairns, & A ; Neckerman, 1989 ) , which enhances the likeliness of influence by patterning. Sage and Kindermann ( 1999 ) found that equa l groups tended to back up or disapprove of equals ‘ behaviors depending on whether the behaviors were consistent with group norms. Students with higher academic motive and accomplishment tended to be members of groups more motivated for faculty members and they received group blessing for positive academic behavior. Students who were in academically motivated groups were extrinsically motivated because when academic success was achieved, the group ‘s blessing acted as a wages. Students with lower motive and accomplishment were likely to be members of less motivated groups ; their blessing for positive behaviors chiefly came from instructors. These pupils were less motivated to execute good because it could take to ejection from the group. They concluded that equal webs played a important and direct function in impacting academic success. A survey back uping equal webs being an influence on academic success is that of Steinberg et Al. ( 1996 ) , who tracked pupils over 3 old ages, from 9th class to the terminal of 11th class. They determined whether pupils who entered high school tantamount academically ( classs ) , but who joined different equal webs, remained stable academically. Consequences suggested that the equal web with which a pupil associates is really of import in academic public presentation and delinquency. Children in higher academically orientated groups achieved higher classs during high school compared to those in lower academically orientated crowds. It is clear from both surveies that being in a extremely motivated and academically orientated equal web can take to greater academic success, and the reverse for a less motivated and academic equal web.degree Celsius ) ParentsThere is a great trade of grounds back uping the hypothesis that the quality of a kid ‘s early acquisition in the place environment relates positively to the development of intelligence ( Meece, 2002 ; Senechal & A ; Lefevre, 2002 ) , and parental engagement in schooling besides predicts academic accomplishment ( Englund, Luckner, Whaley, & A ; Egeland, 2004 ) . Gottfried, Fleming, and Gottfried ( 1998 ) conducted a longitudinal survey analyzing the function of cognitive stimulation in the place environment on kids ‘s academic accomplishment. Home environment was measured by household treatments, attending at cultural events, importance of reading, and household involvement in art, music and literature. This was recorded utilizing direct observation in the place every bit good as parental study. There were 107 kids take parting. Each participant ‘s development was examined across a wide array of spheres ( e.g. , cognitive, behavioral, academic ) . Home environment was assessed at age 8, and academic accomplishment at ages 9,10 and 13. Consequences found that a cognitively stimulating place environment is a important and positive forecaster of academic accomplishment. Supplying farther support, even when SES was controlled, place environment continued to positively predict subsequent academic accomplishment. The measuring of place environment through direct observation and parent studies provided ecologically valid informations. The findings were besides consistent with the organic structure of literature, farther heightening its cogency ; nevertheless it is for future research to find the generalisability of the findings for all populations. Rearing manners can besides do a difference in a kid ‘s academic motive, which leads to academic success. Achievement is enhanced when parents allow kids to hold input in determinations, province outlooks as suggestions, acknowledge kids ‘s feelings and demands, and supply kids with picks ( Dornbusch, Ritter, Liederman, Roberts, & A ; Fraleigh, 1987 ) . In contrast, rearing manners that are excessively controlling or excessively permissive can sabotage a kid ‘s motive and accomplishment. Overall, the research supports the theory that parental engagement and place environment can straight impact academic success, and indirectly through increasing motive therefore success.vitamin D ) TeachersThere have been many probes into how teaching patterns affect pupil motive. One such probe was carried out by Veldman and Brophy ( 1974 ) . The purpose of the survey was to find whether instructors influence pupil accomplishment. The participants included 275 female instructors for second- and third-grade participated. The instructor effectivity, schoolroom behavior, and personal features of the participants were measured. The pupils ‘ predicted public presentation on a post-test was based on a ) pretest, B ) student sex, degree Celsius ) twelvemonth of testing, and vitamin D ) instructor. Teacher effectivity was measured by the class norms their pupils achieved. In each comparing, one of these influences was omitted to find its part to the pupil ‘s success on the post- test. Results found that student sex made no important difference. There were systematic differences among the three old ages of proving ; nevertheless this was to be expected. The instructor variable caused a important addition in prognostic efficiency. Therefore, instructors did do a difference. Methodologically, the survey was sound as the instructor choice process eliminated new instructors and instructors who had late switched classs. Velman and Brophy ‘s ( 1974 ) survey contradicted the consequences from statements based on the Coleman Report ( Coleman, et al. , 1966 ) , which shared that schools do n't do a difference, instead the pupils do. However, they used the term schools instead than instructors. Schools are an inappropriate unit for analysis as the instructors vary in ability and dissemble the true quality of schooling. The schoolroom clime refers to the ambiance of the classroom- it ‘s societal, psychological, and emotional features ( Dunkin & A ; Biddle, 1974 ) . The schoolroom clime is of great importance as it relates to student accomplishment. Lewin, Lippitt, and White ( 1939 ) argue that different signifiers of leading affect accomplishment and behavior. They conducted a survey to back up their hypothesis ; grownup leaders supervised 10-year-old male childs as they worked on a group undertaking. The male childs were exposed to three different types of leading ; Autocratic-cold and harsh, took control and told the male childs what to make, presume full duty, and did non let the male childs to lend ; Democratic- worked with the male childs co-operatively, stimulated them about how to finish the undertaking, posed inquiries, encouraged suggestions ; Permissive- hands-off attack, minimum supervising, did non supply construction, suggestions or aid. Productivity was greatest with the autocrat ic and democratic manners. However, under the autocratic leader the male childs were dying, tense and submissive. The male childs preferred the democratic leading. The ambiance was group-orientated, concerted and friendly. Although the survey was non conducted in a school ; the consequences have clear schoolroom deductions: permissive leading creates pandemonium and an unproductive environment. Authoritarian leading leads to high productiveness but besides defeat and negative group atmosphere. Democratic leading leads to productiveness and a positive ambiance. Davis has suggested that one critical variable to this survey is the grade of emotional support or heat provided by the leader ( 2003 ) . Teachers who provide strong emotional support facilitate teacher-student relationships and pupil accomplishment. This concludes that instructors do act upon academic success, and is maximized with the usage of a democratic leading manner combined with heat and support.Biological InfluencesWhile the environment clearly influences academic success, there is besides much research look intoing how byproducts of genetic sciences, such as intelligence can impact success. The undermentioned definition of intelligence comes from â€Å" Mainstream Science on Intelligence † , which was signed by 52 intelligence research workers: A really general mental capableness that, among other things, involves the ability to ground, program, work out jobs, think abstractly, comprehend complex thoughts, learn rapidly and larn from experience. It is non simply book acquisition, a narrow academic accomplishment, or test-taking smarts. Rather, it reflects a broader capableness for groking our surroundings- † catching on † , â€Å" doing sense † of things, or â€Å" calculating out † what to make. ( Gottfredson, 1997 ) Abisamra ( 2000 ) conducted a survey, which aimed to find the relationship between intelligence, both emotional and academic intelligence, and academic accomplishment. The sample consisted of 500 11th graders from public and private schools in Alabama. Emotional intelligence was measured utilizing the EQ-i trial, academic intelligence was measured utilizing an IQ trial, and academic accomplishment was measured by ciphering a mean of all the classs of each pupil. The quantitative information was analyzed and a relationship was established, being that both emotional and academic intelligence were closely relative to academic success. One major defect in this survey is the usage of an IQ trial to mensurate academic intelligence ; IQ trials pose many jobs, such as the cultural prejudices. Therefore, the consequences may be somewhat inaccurate. From Abisamra ‘s experiment, it can be argued that intelligence, which is from a biological position genetically predisposed, plays a significant function in impacting academic success.Cognitive InfluencesAsides from biological influences based on the medical theoretical account, there is research into how knowledge plays a function on academic success, in peculiar, how motive influences it. There is much argument over the absolute definition of the term motive ; nevertheless for the intent of this essay one that captures the cardinal elements of motive will be used: ‘Motivation is the procedure whereby purposive activity is instigated and sustained ‘ ( Pintrich, Schunk, Meece, 2007 p.4 ) There are two types of motive ; intrinsic and extrinsic. Intrinsic motive refers to the motive to prosecute in an action for its ain interest, without obvious external inducements. Intrinsically motivated pupils perform undertakings because they truly enjoy them ; they do n't trust on explicit or touchable wagess because take parting in the undertaking is in itself a wages. They may believe that what they are larning is important or they think that what they are making is of import. Lepper and Hodell ( 1989 ) place four chief beginnings of intrinsic motive: challenge, wonder, control, and phantasy. Activities that test the pupils ‘ accomplishments may be per se actuating ( Deci, 1975 ; Harter, 1978 ; White, 1959 ) . When ends are of intermediate trouble and success is non certain, attainment of disputing ends shows scholars that they are going more competent, which raises self-efficacy and perceived control over results. In bend, scholars are eager to put new, ambitious ends, k eeping the intrinsic motive. Intrinsic motive may besides originate from pupils who are piqued by activities that are surprising or incongruous with bing thoughts. Such incongruousnesss motivate pupils to seek information and decide the disagreement. Curious scholars who believe that the spread is come-at-able feel efficacious and motivated to pull off the spread and learn ( Berlyne, 1960 ) . Students who feel a sense of control over their acquisition and undertaking engagement besides may be per se motivated ( de Charms, 1968 ; Deci, 1980 ) . Leting pupils picks in activities and a function in set uping regulations and processs promotes perceptual experiences of control. Perceived control can excite a sense of self-efficacy for executing good ( Schunk, 1995 ) . Finally, intrinsic motive can be promoted with activities that involve scholars in phantasy and pretense through simulations and games that present them with state of affairss that are non really present ( Lepper & A ; Hodel l, 1989 ) . As shown in Figure 1, game like elements can add intending to what might otherwise be a deadening activity. ee.BMP Question for the bottom format: Player 1 drips ball from terminal to mid-court and passes ball to Player 2. Player 2 drips ball to where Player 3 is and passes it to Player 3, who shoots basket. Down what fraction of the tribunal did the participants dribble? Figure: Fractions are presented in traditional format ( top ) and game like format ( underside ) . Research shows that intrinsic motive for originative public presentation suffers when wagess are offered ( Eisenberger & A ; Armeli, 1997 ; Eisenberger, Armeli & A ; Pretz, 1998 ; Eisenberger & A ; Rhoades, 2001 ) , nevertheless Cameron and Pierce ( 1994 ) reviewed 96 experimental surveies on this subject and found that wagess did non diminish intrinsic motive. The lone negative consequence on intrinsic motive was found when wagess were given merely for working on a undertaking. The differing decisions may hold been due to the criticized conceptual and methodological evidences on Cameron and Pierce ‘s ( 1994 ) portion ( Deci et al. , 1999 ) . There are dissensions about how to utilize processs to sum up across diverse surveies and conceptual concerns such as the definition and measuring of intrinsic and extrinsic motive ( Sansone & A ; Harackiewicz, 2000 ) . Extrinsic motive refers to the motive to prosecute in an activity in order to achieve consequences such as wagess or teacher congratulations. Extrinsically motivated pupils execute undertakings merely because they believe that take parting will ensue in expressed wagess ( money or good classs ) or turning away of penalty. In footings of instruction, Condry & A ; Chamber ( 1978 ) criticize those who use wagess ( e.g. more free clip, stars ) to actuate pupils because such final payments are typically unrelated to the act of larning itself, and are likely to pull attending off from the benefits of larning. Consequently, many fear that larning will go a manner to acquire wagess, and when these wagess are no longer present, the motive to larn lessenings. It should besides be noted that intrinsic and extrinsic motive are non on one continuum, intrinsic being the highest and extrinsic the lowest. They should be thought of on separate continuums, for illustration person can be both extremely per se and extrinsically motivated on a undertaking, and it seems that this would be the most desirable combination ( Lepper, Corpus, & A ; Iyengar, 2005 ) .Motivation in EducationTherefore, it is clear that motive plays a really important function in instruction ; it can act upon what, when and how we learn ( Schunk, 1995 ) . Dennis, Phinney and Chuateco ( 2005 ) conducted a longitudinal survey aimed at look intoing the ways in which motivational features and environmental societal supported contribute to the academic results of college pupils. The survey consisted of 100 college pupils changing in cultural backgrounds, SES and motive. Data refering pupil motive was collected from the participants utilizing studies taken in the autumn and spring of their sophomore twelvemonth. The studies were piloted with freshers. GPAs and informations sing the participants SES were collected from the university records. Consequences found that motive to go to college based on personal involvement, rational wonder and the desire to achieve a successful calling were prognostic of college accommodation and committedness. Family outlook motive, nevertheless, was non significantly related to college results. There are restrictions to this survey. Most of the information was based on self study steps, which can take to inaccuracies due to participant dishonesty. The sample was comprised of cultural minorities ; hence, as is true with any survey, the findings can merely be interpreted to a certain extent. Genralisations to other cultural minority colleges or other cultural groups must be made with cautiousness. This survey suggested that although intrinsic motive is dependable forecaster of academic success, extrinsic motive is non a dependable forecaster. Another survey proposing the influence motive has on academic accomplishment is that of Busato et Al. ( 1999 ) . The purpose of the survey was to look into how rational ability, larning manner, personality and achievement motive relate to academic success. Learning manner was measured utilizing a questionnaire. The Big Five personality factors test measured personality. The â€Å" Prestatie-Motivatie-Test † measured achievement motive. A series of ability trials measured rational ability. Points are allocated to psychology pupils harmonizing to how much work they have completed, so academic success was measured by the sum of points gained at the terminal of each academic twelvemonth. In entire, 409 pupils participated and information was gathered in the first hebdomad of first-year twelvemonth through psychological trials. Harmonizing to the correlational analyses, achievement motive and rational ability were associated positively with academic success. This survey was ecologi cally valid due to its big sample size and clear measuring of variables. The two predating surveies have made it clear that while motive is a cardinal factor in accomplishing academic success, it must be noted that intrinsic motive plays a much greater function than extrinsic.EvaluationAfter holding completed the research, it has become evident that there is a assortment of influences on academic success runing from environmental factors to cognitive and biological. The environmental factors were comprised of SES, equal webs, instructors and rearing. Steinberg et Al. ( 1996 ) suggested that equal webs significantly influence academic accomplishment. Gottfried, Fleming, and Gottfried ( 1998 ) found that a stimulating place environment leads to greater success excessively. On the other manus, Kruse ( 1996 ) concluded that SES had no important affect on academic success ; nevertheless his survey offered several critical defects. Kruse cited Yellin & A ; Koetting ( 1991 ) , who found that SES did, in fact, have an consequence on academic success, go forthing this factor still questionable. Teacher influences were so investigated. Veldman and Brophy ( 1974 ) found that instructors had a strong influence on pupil success, despite research demoing otherwise. This contradictory research was discarded by Veldman and Brophy as weak because of its effort to analyze the consequence of the quality of schools instead than single instructors on academic success. Overall, environmental factors appeared to hold a great consequence on academic success. To chair the statement intelligence was explored and it was found that both emotional and academic intelligence play an of import function in doing academic success ( Abisamra, 2000 ) . Unfortunately, the survey had defects refering the method of measuring for the variables, offering perchance inaccurate consequences. However, it could be concluded that intelligence did hold an consequence on academic success. Finally, I went into deepness when researching motive as a factor. Dennis, Phinney and Chuateco ( 2005 ) suggested that although intrinsic motive is a dependable forecaster of academic success, extrinsic motive is non a dependable forecaster. This was supported by Busato et Al. ( 1999 ) , who illustrated that motive increases success. By and large, it appeared that environmental factors played the biggest function in impacting success chiefly due to the figure of classs within the subdivision. However, at a closer glimpse, it has become evident that motive intertwines with many of the discussed factors. For illustration, refering equal webs, Sage and Kindermann ( 1999 ) claimed that pupils with higher academic motive and accomplishment tended to be members of groups more motivated for faculty members. High academic motive and achievement appear hand-in-hand. Furthermore, Dornbusch, Ritter, Liederman, Roberts, & A ; Fraleigh ( 1987 ) suggested that rearing affects a kid ‘s motive, taking to academic success. It seems good established amongst psychologists that motive can take to academic success. Not merely does motive entwine amongst the other factors but it is besides a factor itself and the support for it is converting. For this ground, I think that motive is the most dominant factor act uponing academic success. It could besides be argued that SES influences academic success to a great extent, mostly due to the fact that it contains sub-topics within it, such as parenting and equal webs, all of which offer back uping grounds.DecisionIt has become clear that environmental factors influence academic success to a big extent, nevertheless it is non the most dominant factor ; motive is. The staying factors must non be discarded though, as they all provide research exemplifying them as factors impacting academic success. It is besides of import to observe that the factors can be combined and are non on separate continuums. Person can hold high intelligence but uneffective instructors and can still accomplish academically. Possible farther research could research the possibility to generalise the grounds cross culturally or would the decision be different for different civilizations.