Ibm A Major Innovator Of Computer And Computer Related...

Brandon Krueger 10/16/14 IT IBM has been a major innovator of computer and computer related products during this century and the last. Before IBM it was C-T-R. Herman Hollerith founded this Tabulating Machine Company in 1896. Hollerith received the first patents for his electric Tabulating Machine in 1889. In 1911 a man by the name of Charles F. Flint, a trust organizer, oversaw the merging of Herman Hollerith’s Tabulating Machine company and two other companies the Company scale Company of America and the International Time recording Company. The three companies merged into one company called Computing-Tabulating-Recording company or C-T-R. C-T-R sold many different products from cheese slicers to manufacturing and marketing accounting†¦show more content†¦In 1964 IBM developed system 360 a family of computers. This was the world first family of computers with software and hardware. IBM’s researcher Robert H. Dennard invented DRAM memory in 1966. DRAM was a new kind of memory chip for computers that helped get the ball rolling for the computer industry. This memory chip was the core of the computer industry and still effects today’s computer business. In 1980 IBM representatives met for the first time with Microsoft’s Bill Gates to talk about writing the operating system for the new computer that IBM was coming out with. This new personal computer was all hush-hush. IBM had already made a dent in the personal computer market with the IBM 1500, which was pretty successful. This new personal computer had an all-new operating system that was at the time top of the line. During my research I have realized that IBM has made a great global footprint in the technology industry. There are so many different things that I could tell you about the early success of IBM I couldn’t even write about all of it. IBM is a fascinating company that has over 100 years of history and there success is unheard of. Competing companies really have no chance because of the level of innovation and research that goes into their technology. Currently IBM’s chairman, president and chief executive officer is Virginia â€Å"Ginni† Rometty. Mrs. Rometty has a bachelors of Science degree with high honors inShow MoreRelatedEssay on The Research and Development Process4444 Words   |  18 Pagesthe private-sector to undertake the research of: - Medium and long-term applied research in development of generic, forward-looking, and advanced technologies; - Short-term research to improve processes and to develop new products according to industrial needs. Most reset projects will go through a trial mass production to ensure the feasibility of new industrial technologies and plans for strategic withdrawals upon project completion. The research results areRead MoreApple Inc Case Study851 Words   |  4 Pagesit’s Apple company through two aspects. 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Situational And Interactional Levels Of Observation,...

In my oppinion, and this opinion is actualy structured after the reading in deep of several acticles of this week s reading for this class, there is no unique and valid definition of the â€Å"gang†. QUOT here As well as there are no good or bad between the two proposed definitions.. So many differents ingridients are implicated and differents conditions are playing role. I would say, that we must to like said JAMES F. SHORT JR. ( 1998) â€Å"recognize both situational and interactional levels of observation, analysis, and explanation† Each gang in my oppinion has it s own character, and at some point is unique by itself. This uniqueness can be based on ( or rased through ) a varios factors, include, but are not limited to, the gang members ( sex, age, race limits) For me the gangs, is like fraternity groups, with a difference of it to be illegal, and pursuing differents, often criminal goals. â€Å"social structures, and cultures that produces different rates of behaviors of interest?† (JAMES F. SHORT JR. 1998) Here, Omaha Police Department definition is corresponding perfectly: â€Å"A group of individuals who associate on a continual basis.† We can t call the gr oup, even the one having criminals itente for a base, to be a gang, at least it s constructed on a continual basis. 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Downsizing Essay Research Paper 1 IntroductionDownsizing is free essay sample

Downsizing Essay, Research Paper 1. Introduction Retrenchment is the procedure of # 8220 ; cut downing employment to better efficiency, productiveness, and fight # 8221 ; ( Schwind et al. , p 538 ) . There has been a surprisingly big sum of downsizing. Between 1984 and 1994 # 8220 ; entire employment of Fortune 500 companies fell by 3 million people # 8221 ; ( Anthony et al, p 655 ) . This paper will concentrate on how to pull off retrenchment and will affect analysing the retrenchment procedure in phases. First is the pre-downsizing phase. This is where an organisation analyzes the issues involved in downsizing their company. Second, there is the planning phase where by the organisation plans the retrenchment procedure that will be taken. The 3rd stage is the procedure of execution and the 4th phase being pull offing the subsisters. It is really of import that human resources be greatly involved during the complete retrenchment procedure. The ground for this is that downsizing is a really hard state of affairs for all parties involved and the procedure should be managed decently and finely. There are many different grounds why organisations feel that retrenchment is the lone option with certain keys that will take to a successful retrenchment. 2. Keies to a Successful Retrenchment Procedure As already stated, downsizing in most instances is a really delicate state of affairs. Schwind notes # 8220 ; the mean size of downsizing scopes from 14 to 20 per centum of the work force # 8221 ; . This is a really important sum of people therefore the retrenchment procedure should be handled really carefully. The six cardinal rules to maintain in head for a successful retrenchment procedure are ( Schwind et Al, p539 ) : 1. Retrenchment should be initiated from the top but requires hands-on engagement from all employees. 2. Work force decrease must be selective in application and long-run in accent. 3. There is a demand to pay particular attending both to those who lose their occupations and to the subsisters who remain with the organisation. 4. It is critical that decision-makers identify exactly where redundancies, extra costs, and inefficiencies exist and attack those specific countries. 5. Downsizing should ensue in the formation of little semi-autonomous organisations within the broader organisation. 6. Downsizing must be a proactive scheme focused on increasing public presentation. The keys outlined above are merely a guideline and other cardinal factors should besides be considered for a successful retrenchment procedure. Communicating the organisations plan to downsize and why it must make so to the work force early is good pattern. This will give the employees that are being dismissed an chance to fix for their hereafters and less of a feeling of uncertainness with their state of affairs. It will besides give the staying employees more regard for the company and give them more occupation security since they feel that the company will be honest with them with regard to company concern. Another factor that is of import to see during the retrenchment procedure is that with a reduced workforce the staying employees will necessitate to pick up the slack. In downsizing state of affairss the company should be cognizant of this fact and inquire the staying employees how they feel their occupations could be made easier in order to manage the increased work load. 3. Reasons or Advantages of Downsizing The chief ground why an organisation chooses to downsize is that a company may wish to reconstitute their organisation. Theoretically reconstituting an organisation is a agency of increasing productiveness and the efficiency of the company. Cuting the figure of employees within an organisation is the easiest and quickest manner to cutting costs. Another advantage to retrenchment is that certain places or people that are unproductive are released. An addition in international competition is another ground organisations choose to downsize. Some companies feel that in order to vie in their several industries globally that retrenchment is the solution. 4. Disadvantages of Downsizing There are both advantages and disadvantages of an organisation downsizing its figure of employees. One of chief disadvantages of retrenchment is the affect that downsizing has on the staying employees. After a major organisational retrenchment there is a lessening in morale and a sense of insecurity amongst the staying employees. The lessening in morale is non merely felt by the co-workers of the released employees but by everyone within the company at all degrees. The people that were in charge of the existent fire might experience guilty which might convey on depression. A lessening in employee trueness and a feeling of bitterness towards the company are besides a consequence of retrenchment. The consequences of which may ensue in lower productivenesss and higher turnover rates. In some instances the quality of green goods being green goodss can besides diminish as a consequence of employee attitudes. As celebrated above retrenchment is # 8220 ; theoretically # 8221 ; supposed to increase productiveness. The ground why it is merely theoretical is that there are different surveies to back up both the addition and lessening in productivenesss as a consequence of retrenchment. Surveies show that: ? # 8216 ; fewer than tierce of downsized houses received expected net income increases # 8217 ; ( Duran et al ) . ? # 8216 ; 38 % of surveyed companies that downsized reported no alteration in worker productiveness ; 34 % reported increased worker productiveness ; and 22 % reported reduced worker productiveness # 8217 ; , ( Filoposki, p. 71 ) . As can be seen from the above statistics downsizing is non ever the best solution. 5. Stairss in the Downsizing Procedure If retrenchment is inevitable, doing certain that certain downsizing stairss are implemented successfully and swimmingly can cut down the negative affects of downsizing. There are four chief processing in downsizing procedure: analysis, planning, execution, and pull offing the subsisters. These stairss make it as easy a passage as possible for all parties involved. This procedure should be implemented with a big sum of counsel from the human resource section. 5.1 Analysis The first measure in the procedure of downsizing for the human resource section is the pre-downsizing phase. This measure must be done before the determination of retrenchment is made by the organisation. This phase analyses the effects and affects that the determination of retrenchment may ensue in. The factors that are considered are the costs to the company, both direct and indirect, the stakeholders # 8217 ; demands, the employees, and how retrenchment would impact the organisation as a whole. The organisation should merely see downsizing as a long-run solution, non merely a speedy hole for the organisation. 5.2 Planning The following measure in the retrenchment procedure is be aftering phase. For the successful execution of a retrenchment procedure careful and complete planning by the human resource section and direction should be done. This procedure should get down long before the formal proclamation. If the determination of retrenchment is made in the pre-downsizing analysis phase the following measure in the procedure is to take the best manner to downsize. Two possible methods of downsizing are attrition and budget film editing. Attrition is when a company reduces its work force by non replacing employees that leave on a voluntary footing. This is a really slow procedure and therefore is non normally used as a retrenchment method. Budget film editing is the most popular type of downsizing. As specified earlier retrenchment of employees is the easiest and most widely used signifier of budget film editing. A company is able to cut down its work force while increasing, or at least non diminishing, productiveness by increasing the mechanization within the organisation, taking certain places, or increasing the work load of other employees. Another portion of planning is the determination of when to downsize and which employees should be released. The places that are less proficient should be released before the extremely proficient places since they are more hard to make full. The timing of the proclamation and the act of retrenchment is really of import. Timing should be balanced between company public assistance and employee public assistance. In deepness planning is needed if retrenchment is to be successful. The last measure in the planning phase is to make up ones mind upon the inside informations of the passage. Some of the options open to the employer are to offer: rupture wage, outplacements, and occupation guidance. These will be looked at further in the pull offing the subsisters phase. 5.3 Execution The 3rd measure involved with the retrenchment procedure is its effectual execution. The morale and productiveness of employees staying after downsizing can be a direct affect of how the retrenchment procedure is implemented. Therefore, this is the most delicate of the retrenchment processes. Therefore, it is of import for all parties involved to be considered, including directors, the employees being laid off, and the staying employees. One of the first stairss in that demand to be done is the preparation of directors and supervisors. This is done before the proclamation and is really of import in the execution stage. The supervisors need to understand that they will hold a big communicating function when the proclamation is made, and peculiarly afterwards. Employees tend to swear their direct supervisor more than anyone else in the organisation, so the supervisors need to hold the communicating and diplomatic accomplishments necessary to cover efficaciously with the inquiries that may originate. Directors and supervisors besides have to get the accomplishments to get by with stating employees they are discharged. This can be really nerve-racking and hard for most people. To pr oviding supervisors with effectual communicating accomplishments, they will hold to be given considerable information about the company’s retrenchment and future programs, so they are able to accurately and convincingly reply, employee concerns. The execution must be good planned, good organized, and good communicated. Employees should be notified in progress that there will be a retrenchment, and the existent proclamation should take topographic point on the specific twenty-four hours promised. The statement should be carefully prepared and announced to all employees at the same time. Senior directors should do the proclamation. They should be unfastened and honest about the grounds for retrenchment, explicating the concern principle behind the determination, supplying every bit much information as they can to employees, and be prepared to reply employees # 8217 ; inquiries. Senior directors must besides pass on the company # 8217 ; s vision for the hereafter. This gives the subsisters more trust in direction # 8217 ; s ability to do the company successful. Besides the senior directors should be prepared to listen to employees who need to vent their emotions right after the proclamation. The information provided should i nclude what the alterations mean, and how employees, including those non discharged, will be affected. Newsletters and meetings can be utile tools to supply information to employees. After the initial proclamation, each director or supervisor should run into with each employee in their section separately, either to inform them that they have been discharged, or to give them information on what specific alterations will be happening that will straight impact them. Communication is the key to an affectional and smooth execution procedure and should be done before rumors begin, which can do a lessening in morale and fuel bitterness. Rumours frequently consequences in over-exaggerations, which may take to insecurities amongst the work force. The existent breaks may be less lay waste toing than what the rumor express, but if there is non adequate unfastened and honest communicating, rumor may play a important function, adversely impacting morale. Even after the proclamation communicating plays a major function in the procedure. As such, companies to promote communicating through the usage of inquiry bead off boxes. Discharged employees should be treated reasonably, shown concern, given generous rupture and benefits bundles, and given aid with happening other employment, non merely to protect the repute of the organisation, but besides to guarantee that the subsisters will experience more positively about the retrenchment. Fairness is an of import factor when an organisation is in a retrenchment state of affairs. Perceived unfairness may be inevitable, but with first-class communicating, and rational grounds given to employees misinterpretations and bitterness should diminish. Employee engagement during the execution stage may assist better subsisters # 8217 ; morale and motive after the retrenchment. For illustration, employees can be involved in redesigning work, reconstituting occupations, and bettering internal procedures to make greater efficiency. Employee engagement helps subsisters experience more in control of their hereafter. This engagement may diminish some of the negative feelings that the subsister may hold, therefore productiveness should be maintained or increased as a consequence. 5.4 Pull offing the Survivors The last measure in the retrenchment procedure is the managing of the lasting employees. This measure is really of import to maintaining the morale of the staying employees. Even if the execution of the retrenchment has been done efficaciously, the company and staying employees will still hold many issues to decide. A figure of critical issues need to be addressed if these employees are to go optimally productive subscribers to the freshly downsized organisation. They are: subsisters # 8217 ; feelings of heartache, opposition to alter, fright, loss of assurance, motive, trust, committedness, self esteem, employee trueness every bit good as issues originating out of the increased work load, such as new accomplishment demands, and diminishing systems support. Many employees resist alteration even when their employment position is non threatened. When that menace is present it is non at all surprising to happen even more opposition than might be otherwise expected. The cause of this may be associated with fright. The fright is that downsizing, one time begun, will go an on-going procedure and though you may hold survived this unit of ammunition, there is bound to be another unit of ammunition and you may non be so lucky the 2nd clip around. Once the outlook of unafraid employment has been violated, fear creeps into each employee # 8217 ; s consciousness and continues to eat away at assurance, motive, trust, committedness, and self-esteem. These feelings may be intensified if the work load of an person is increased as a consequence of downsizing. Now the employee may be required to work longer hours compounded by the complication of executing work that requires the acquisition of new cognition, the mastering of new accomplishments and the constitution of new relationships. These demands are farther menaces to the assurance of many employees, who fear that if they fail in these new undertakings their occupation is at even greater hazard. Employee trueness may be a concern during the post-downsizing phase. In add-on to the increased work loads and new accomplishments needed, chances for promotion and growing are frequently diminished. These factors may take to an employee seeking for better chances elsewhere. A deficiency of trueness is one of the earliest consequences of retrenchment. An organisation can assist cut down some of the feelings that the subsisters may hold by guaranting the followers ( Mishra A. , Umiker, and Mishra K. ) : ? Employees have equal chance for personal growth/development. ? Make sure that survivors experience enhanced occupation assortment and liberty. ? There is sensible chance for promotion/advancement. ? Peoples receive appropriate acknowledgment for excellence in their work. ? Employees are given the chance to accept extra duty. ? Peoples are valued for their creativeness and thoughts. Both directors and the human resources section are responsible for helping employee accommodation to the alterations caused by downsizing. The human resources direction is responsible, possibly more than of all time before, for the development of bing staff within the organisation. Employees who survive a retrenchment frequently feel dying and betrayed. HR can assist these employees by supplying emotional support, function elucidation and calling direction aid. Employee aid plans may be one method used to help with supplying emotional support to subsisters. Directors besides have an of import function in covering with subsisters. Keeping an # 8220 ; unfastened door policy # 8221 ; is one manner to promote communicating within the section, which may assist some of the employees to cover with and show their ideas about the state of affairs around them. 6. Decision Retrenchment is a really hard pick that a company makes and affects a great trade of people in the procedure. The determination should be carefully analyzed before the existent determination is made in order to do the procedure easier on all parties involved. Six cardinal things to maintain in head along with four general downsizing stairss should be followed in order for a successful retrenchment passage. The four chief stairss are: analysis, planning, execution, and pull offing the subsisters. Following these stairss will cut down the negative affects that downsizing consequences from such as decreased trueness, productiveness, morale, and misgiving in the company. Making the downsizing passage every bit easy as possible for all parties involved is the duty of both direction and human resources. Stairss should be taken to ease the affects of downsizing on employees, discharged employees, and besides direction. The chief key to a successful organisational retrenchment procedure is g ood communicating. Bibliography 7. Mentions ? Anthony, William. , Pamela Perrewe, Michele Kacmar. Human Resource Management: A Strategic Approach Third Edition. Montreal: The Dryden Press Harcourt Brace College Publishers, 1999. ? Cascio, W.F. 1993. # 8216 ; Downsizing: What do we cognize? What have we learned? # 8217 ; . Academy of Management Executive, 7 ( 1 ) , p. 96. ? Duran, Catherine A. , Vinitia E Mathews, . # 8220 ; Some retrenchment attacks more effectual than others. # 8221 ; Health Care Strategic Management, Volume 17 Issue 9, 1999. ? Filoposki, D. , November 1993, Volume 72, Issue 11, # 8216 ; Downsizing International Relations and Security Network # 8217 ; t ever rightsizing. # 8217 ; Personnel Journal, p. 71. ? Hendricks, Charles. , The Rightsizing Redress: How Directors can React to the Downsizing Dilemma. Homewood: Society for Human Resource Management and Business One Irwin, 1992. ? Mishra, Aneil K. , Gretchen M Spreitzer. , # 8220 ; Explaining how subsisters respond to retrenchment: The function of trust, authorization, justness, and work redesign. # 8221 ; Academy of Management. Volume 23 Issue 3, 1998. ? Mishra, Karen E. , Gretchen M Spreitzer ; Aneil K Mishra. , # 8220 ; Continuing employee morale during downsizing. # 8221 ; Sloan Management Review. Volume 39 Issue 2, 1998. ? Schwind, Hermann. , Hari Das, and Terry Wager. Canadian Human Resource Management: A Strategic Approach Fifth Edition. Toronto: McGraw-Hill Ryerson Limited, 1999. ? Tomasko, R. Downsizing: Reshaping the Corporation for the Future # 8217 ; . New York: American Management Association, 1990. ? Umiker, William. , # 8220 ; The necessities of compassionate downsizing. # 8221 ; The Health Care Manager. Volume 17 Issue 4, 1999. 31b

Profession For Women By Virginia Woolf Essays - Bloomsbury Group

Profession For Women By Virginia Woolf "Professions for Women" Through Virginia Woolf's essay she shows how women struggle in society. Due to these struggles, women are held back from expressing their true selves. Virginia Woolf does not accept these struggles for she feels that in order for any one person to be complete he or she has to explore who they are as an individual. "Professions for Women" shows how a woman in society wants to explore her abilities as a woman, but has many obstacles holding her back. Virginia Woolf speaks through her persona in this essay by relating to her struggle as a young girl wanting to be a writer. The little girl wanted to write and wanted to explore her mind by letting it "sweep unchecked round every rock and cranny of the world that lies submerged in the depths of our unconscious being" (19). Like a fisherman, the girl wanted something, which was to write, and she had to try to go after it, but there was many things in her way. In essence the girl would never get that "larger fish"(19) because she would always hit a rock or some boundary where her mind was not supposed to go. Often, this is the case for women rather than for men. Due to the way society views men, men are taught to go after that bigger fish and get it. Woolf's inner self understand the restrictions that women have. " Be sympathetic; be tender; flatter; deceive; use all the arts and wiles of our sex. Never let anybody guess you have a mind of your own. Above all be pure" (18). That inner self identifies with societies restraints of women to explore their mind and their abilities. Societies views on men and women make it harder for women to go after what they want. Men can just try to do something and achieve what they want. Women, on the other hand, can try to achieve their highest goal and it always seems like there is something in the way that makes it that much more difficult to get it. Today's society is very different from when Virginia Woolf had these thoughts of repression. Woolf, in turn, has made it a lot easier for women to look back at the way society used to be and change societies thoughts. This was done in the hope that these same prejudices and obstacles would not be in the way of women any longer. Over time it has become easier for women to be writers and explore their mind, but for any woman there will always be some sort of obstacle in the way. "she has still many ghosts to fight, many prejudices to overcome"(20).

What Is the Platt Amendment Definition and Significance

What Is the Platt Amendment Definition and Significance SAT / ACT Prep Online Guides and Tips In 1898, the US was fighting the Spanish-American War and occupying Cuba as part of its involvement in maintaining the island’s newfound independence. Once the war was over, the US still wanted to maintain influence in Cuba. In order to achieve this, the Platt Amendment was passed. Read this guide to learn what the Platt Amendment includes, why it was created, what important dates are associated with it, and how its impacts live on today, including how it led to the creation of Guantanamo Bay. What Is the Platt Amendment? In simplest terms, the Platt Amendment was a treaty between the United States and Cuba that established guidelines for US-Cuban relations. The US wanted to maintain influence in Cuba to protect its interests there, but Cubans were wary of being under the control of another foreign power after recently gaining independence from Spain. The Platt Amendment was an attempt to appease both countries. The Platt Amendment set conditions under which the US would end its military occupation of Cuba but also granted the US the right to involve itself in Cuban affairs in order to protect Cuban independence. The Platt Amendment was drafted by Elihu Root, who was Secretary of State at the time, and in 1901 it was presented to the Senate by Senator Orville Platt of Connecticut as a rider attached to the Army Appropriations Bill. (Riders are sometimes also referred to as amendments, which is why it is called the Platt Amendment.) The Platt Amendment placed some pretty stringent restrictions on Cuba. It gave the United States pretty much unlimited ability to intervene in any Cuban affair for the purpose of preserving Cuban independence, prevented Cuba from transferring any of its land to any country other than the United States, limited Cuba’s right to negotiate treaties, gave the US rights to a naval base in Cuba (what is now Guantanamo Bay). It was reluctantly accepted by Cuba, who amended their Constitution to include it. There were seven articles in the Platt Amendment, and the Cuban government had to agree to all of them before the US withdrew its troops from the island and recognized Cuban sovereignty. Here are the articles of the Platt Amendment: Article I. The Government of Cuba shall never enter into any treaty or other compact with any foreign power or powers which will impair or tend to impair the independence of Cuba, nor in any manner authorize or permit any foreign power or powers to obtain by colonization or for military or naval purposes, or otherwise, lodgment in or control over any portion of said island. Article II. The Government of Cuba shall not assume or contract any public debt to pay the interest upon which, and to make reasonable sinking-fund provision for the ultimate discharge of which, the ordinary revenues of the Island of Cuba, after defraying the current expenses of the Government, shall be inadequate. Article III. The Government of Cuba consents that the United States may exercise the right to intervene for the preservation of Cuban independence, the maintenance of a government adequate for the protection of life, property, and individual liberty, and for discharging the obligations with respect to Cuba imposed by the Treaty of Paris on the United States, now to be assumed and undertaken by the Government of Cuba. . . . Article V. The Government of Cuba will execute, and, as far as necessary, extend the plans already devised, or other plans to be mutually agreed upon, for the sanitation of the cities of the island, to the end that a recurrence of epidemic and infectious diseases may be prevented, thereby assuring protection to the people and commerce of Cuba, as well as to the commerce of the Southern ports of the United States and the people residing therein.... Article VII. To enable the United States to maintain the independence of Cuba, and to protect the people thereof, as well as for its own defense, the Government of Cuba will sell or lease to the United States lands necessary for coaling or naval stations, at certain specified points, to be agreed upon with the president of the United States. What Led to the Creation of the Platt Amendment? The Platt Amendment came about as a result of the Spanish-American War, which occurred in 1898. During the roughly four months that the war lasted, the United States had a large military presence in Cuba, which it was ready to use to protect the US against Spanish attacks and protect US economic interests in Cuba. The day before the US entered the Spanish-American War, the Teller Amendment was passed by Congress. President William McKinley gave a speech asking Congress to allow the US to use its naval and military forces to help Cuba achieve independence, and Congress agreed but also passed the Teller Amendment, which placed limits on the US’s involvement. The Teller Amendment stated that the US couldn’t annex Cuba. Instead, the US had to help Cuba achieve stable independence, then withdraw its troops from the island once that had been achieved. This assuaged Congressional fears that President McKinley was hoping to annex Cuba. However, three years after the Spanish-American War was over and Cuba was independent, the US still had troops in Cuba. The US didn’t want to put its military and economic interests at risk by having Cuba descend into chaos during self-rule or be conquered by another foreign country. They decided to maintain a strong role in Cuban affairs until they believed their interests would be safe. Because of the Teller Amendment (which basically said the US had to help Cuba achieve independence and then leave), the Platt Amendment was drafted as a way to ensure the US could maintain a degree of control over Cuba until they were certain the country was stable and their interests would be protected. Key Dates for the Platt Amendment Below are all the key dates you need to know for events that happened before, during, and after the Platt Amendment was signed. February 24th, 1895- February 15th, 1898: The Cuban War of Independence is fought between Cuba and Spain. The final months escalate into the Spanish-American war. February 15th, 1898: The American battleship USS Maine, which was docked in Havana, explodes under mysterious circumstances, killing 258 people. The US blames Spain for the explosion which leads to the Spanish-American War. April 20th, 1898: The Teller Amendment is passed. April 21st - August 13th, 1898: The Spanish-American War is fought between Spain and the United States December 10th, 1898: The Treaty of Paris is signed. Spain agrees to grant independence to Cuba, and cedes the Philippines, Guam, and Puerto Rico the United States. March 2nd, 1901: The Platt Amendment is passed. December 25th, 1901: Cuba amends its constitution to include the entire Platt Amendment May 22nd, 1903: Cuba and the US agree to the Cuban-American Treaty of Relations of 1903. Among other things, this treaty allows the US to intervene in Cuban affairs and lease land for naval bases on the island. September 1906 - February 1909: Second Occupation of Cuba. The Cuban-American Treaty of Relations of 1903 is used to justify US military forces occupying Cuba in order to protect American economic interests and establish a new Cuban government. May 29th, 1934: As part of FDR’s Good Neighbor Policy, the Cuban-American Treaty of Relations of 1934 is signed, repealing most of the Platt Amendment (everything except US right to a naval base in Cuba). 1940: The Platt Amendment is eliminated from the new Cuban constitution during the Cuban Constitutional Convention of 1940. What Are the Lasting Effects of the Platt Amendment? The Cuban government was very reluctant to add the Platt Amendment to their constitution, as they had just become independent and didn’t want to be controlled by another foreign power. Even though it was eventually ratified, it caused a lot of resentment among Cubans towards America. Many historians also believe that the Platt Amendment actually ended up causing more instability in Cuba, including contributing to the Cuban Revolution of the 1950s. The Platt Amendment remained in effect until 1934, when US President Franklin Delano Roosevelt’s Good Neighbor Policy repealed the majority of the amendment in response to a surge in Cuban resentment. However, one stipulation of the Platt Amendment remained: the US was allowed to continue operating its naval base Guantanamo Bay. The Good Neighbor Policy stated that the US had the right to operate its naval base "until the two contracting parties agree to the modification or abrogation of the stipulations of the agreement in regard to the lease to the United States of America for coaling and naval stations†¦Ã¢â‚¬  Because the US hasn’t agreed to any modifications, , Guantanamo Bay remains open to this day and has been a major factor in shaping modern Cuban-American relations. Summary: Platt Amendment APUSH The Platt Amendment was one of the most important events in Cuba-US relations. A simple Platt Amendment definition is that it an amendment passed in 1901 that provided guidelines that allowed the US to maintain influence in Cuba after Cuba achieved independence. What did the Platt Amendment do? It gave the US the right to have a naval base in Cuba, intervene in Cuban affairs, and control Cuba’s agreements with other countries, among other things. Although the Platt amendment was created to protect US interests in Cuba, it was widely resented in Cuba and was nearly completed repealed in 1934, although the US naval base Guantanamo Bay is still in operation in Cuba. What's Next? Writing a research paper for school but not sure what to write about?Our guide to research paper topics has over 100 topics in ten categories so you can be sure to find the perfect topic for you. Did you know that water has a very special density? Check out our guide to learn what the density of water is and how the density can change. Want to know the fastest and easiest ways to convert between Fahrenheit and Celsius?We've got you covered! Check out our guide to the best ways to convert Celsius to Fahrenheit (or vice versa).

Texas Carbon Definition

Texas Carbon Definition A Texas carbon is the name given to a  carbon atom  that forms  five  bonds. The name Texas carbon comes from the shape formed by five bonds radiating outwards from the carbon similar to the star in the Texas state flag. Another popular idea is that the saying Everything is bigger in Texas   applies to carbon atoms. Although carbon usually forms 4 chemical bonds, its possible (though rare) for 5 bonds to form. The carbonium ion and superacid methanium (CH5) is a gas that can be produced under low-temperature laboratory conditions. CH4 H → CH5 Other examples of Texas carbon compounds  have been observed. References Synthesis and Characterization of Stable Hypervalent Carbon Compounds (10-C-5) Bearing a 2,6-Bis(p-substituted phenyloxymethyl)benzene LigandKin-ya Akiba  et al.  J. Am. Chem. Soc.,  2005,  127  (16), pp 5893–5901 Planar Pentacoordinate Carbon in CAl5: A Global MinimumYong  Pei,  Wei  An,  Keigo  Ito,  Paul von RagueÃŒ Ã‚  Schleyer  and  Xiao Cheng  Zeng  J. Am. Chem. Soc.,  2008  130  (31), 10394-10400

Age of New Media Essay Example | Topics and Well Written Essays - 2750 words

Age of New Media - Essay Example Back home the same thing happens, open the laptop to do some work and some online surfing or online movie watching. Modern technology, specifically new media, has truly integrated itself into our daily lives. And it is not only adults that live by such lifestyle. From young children to teenagers, new media has become a way of life in the whole world. Vryzas and Tsitouridou (2002, pp. 9-17) examined how much access to home computers do children have in Greece. Of the 993 randomly chosen respondents, 305 had computers at home. These children could already make full use of the features of the computer after being taught by their older siblings or parents. The main activity that they did was play games using the computer. But they would also use other applications. Just what is new media? One definition could be â€Å"immediately suggests something far less settled [than â€Å"the media†] known, and identified†¦on the one hand, a rapidly changing set of formal and technological experiments and, on the other, a complex set of interactions between new technological possibilities and established media forms (Lister, 2003, p. 10-11). The term new media is so wide that it includes practically everything and anything that we use in modern times—digital, electronic, interactive, computer-mediated. And people have different concepts for the term so that â€Å"while a person using new media may have one kind of thing in mind (the Internet), others may mean something else (digital TV, new ways of imaging the body, a virtual environment or game)†, therefore the term refers to a â€Å"broad cultural resonance rather than a narrow technicist or specialist application† (Lister, 2003, p. 10-11) With all the explosion of new sites and activities using new media, especially those that can be found on the Internet, Lister’s definition encompasses a very broad range indeed. There are the social networking sites such as Facebook, Friendster, and MySpace,

Lesson 5 Disscusion and Assignment Example | Topics and Well Written Essays - 500 words

Lesson 5 Disscusion and - Assignment Example The lyrics were written by big talents and were very innovative. In most Motown music albums, it appeared that the sound engineers placed the echo and equalizer right on the tape when they were moving between the rhythm tracks. In every Motown album the musicians and equalizer were same, but each album was different from the other. Making the albums required loads of creativity and most of the times it was the combinations of all the songs in an album that is more admiring than any individual song of the album (Coffey, 82-83). One popular Motown album was released in 1960 by the American singer Sammy Ward also known as Singing Sammy. The bestseller song of the album was â€Å"That’s Why I Love You So Much† which he sang duet with Sherri Taylor. Tin Pan Alley was the name given to the West 28th Street in New York where many musicians did business during the period between 1880 and 1953. Some examples of this model are Frank Sinatra’s â€Å"Young at Heart†, Cole Porter’s â€Å"High Society† etc. It is not practically possible to pin down a definite year as the starting era of rock ‘n’ roll music. It was in 1953 that rock ‘n’ roll gained significant popularity in the music industry with Crazy Man Crazy recorded by Bill Haley (Gillett, 3). The Beatles were an English rock band that originated in Liverpool in the year 1960, and it ruled rock ‘n’ roll industry for the next ten years. Their immense popularity worldwide can be attributed to their variety of wonderful songs that have become integrated in the modern music culture. Each song is characterized by unique sound. One interesting fact regarding the Beatles is that they composed their own songs, and the publishing rights of the songs were considered as commercial property to be sold by their manager, Brian Epstein (Richards, 1-2). The Sgt. Pepper’s Lonely Hearts Club Band is the most popular rock ‘n’ roll album ever made by the Beatles who were considered as the mo narch of

Two Party System Essay Example for Free

Two Party System Essay It is commonly argued that political parties are becoming weaker and interest groups are becoming more powerful in America.   Keeping these changes in mind, is it possible that the United States will ever move away from the two-party system and have three or more strong parties? In 1992, Texan billionaire Ross Perot won more votes than any `third party` candidate for President ever had before. Coincidence, or will a smaller party ever become a strong enough force to rule the United States, or indeed have an influential presence in Parliament?   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Statistics suggest that Americans are in favor of a third major force in their political scenario.    According to a poll conducted by Angus Reid Global Monitor: â€Å"Many adults in the United States believe there should be a viable alternative to Republicans and Democrats, according to a poll by Princeton Survey Research Associates for the Pew Research Center for the People and the Press. 53 per cent of respondents believe there should be a third major political party in the country, up three points since June 2004.† (Angus Reid Global Monitor, 2003). And according to VoteBuddy.com, 2006, more than two thirds of Americans want a third party because of the following reasons:   Most people are simply aware that government of, by, and for the Democrats and Republicans has not been working; they have little idea why. Part of the reason is that neither party really stands for what it used to. Instead, both of them have moved to the center in hopes of capturing the many moderate voters out there. A lot of people really miss having a party that represents the principles they believe in. Others have specific concerns that they believe have been abandoned by the one major party that ever showed any interest in them. (VoteBuddy.com, 2006). Indeed the voting trends of the past decade or two have perhaps been indicative of this new trend towards a third, independent party.   In recent years, Ross Perot and Ralph Nader, both representatives of independent parties, have gained a fairly large part of the vote over their Democratic and Republican competitors, not enough to cause worry to leaders of the two major parties yet, but certainly more than in previous years. Also worth noting is the low percentage of voter turnout at American polls.   Are those who don’t turn out to vote independent supporters who are just thinking that their vote will be wasted?   Or are they so happy with the system as it is that they don’t feel they need to vote?   Today, American voters give all kinds of reasons for not voting. The cost of being involved in the voting process is among them. On the one hand, many find it difficult to register and stay registered (moving means having to reregister), despite efforts like the federal motor-voter bill, which allows Americans to register while renewing drivers licenses, and popular pushes like MTVs Rock the Vote campaign.   (Hough, 2006) Others get turned off by the enormous time commitment needed to follow the race. This years presidential election, for example, saw candidates jockeying for position nearly two years before the actual election. Unfortunately, instead of giving Americans more time to absorb the issues, according to results from the Vanishing Voter Project, the long campaign has them tuning out.   (Hough, 2006) You can make an argument for a long campaign, acknowledged Patterson, but our data show its a disincentive. During the second week of the projects polling — a full year before the election — only 5 percent of Americans said they were paying a great deal of attention to the campaign. Roughly 60 percent said they were paying little or no attention. By week three, despite heavy news coverage, Americans interest in the campaign actually declined.   (Hough, 2006) Whatever the case is, a true representation of political feeling in America will only be obtained once voter turnout is higher. Another aspect which would make it hard for a third party to gain strength is congressional opposition to third parties.   Traditionally, according to Wikipedia, a two party system works as follows: A two-party system is a form of party system where two major political parties dominate the voting in nearly all elections. As a result, all, or nearly all, elected offices end up being held by candidates endorsed by the two major parties. Coalition governments occur only rarely in two-party systems, though each party may internally look like a coalition. Under a two-party system, one of two major parties typically holds a majority in the legislature (or a legislative house in a bicameral system), and is referred to as the Majority Party. The other major party is referred to as the Minority Party. The leader of the majority party may be referred to as the Majority Leader, assisted by the Majority Whip, and the leader of the major opposition party may be referred to as the Minority Leader, assisted by the Minority Whip. Two-party systems often develop spontaneously when the voting system used for elections discriminates against third or smaller parties, because the number of votes received for a party in a whole country is not directly related to the proportion of seats it receives in the countrys assembly/assemblies. (Wikipedia, 2006). We can see how a system structured in a way like this would make it very difficult for a third party to prosper. In addition, some reports state that Congress itself shows opposition to third parties, which, at least for the current time, would make it very hard for a third party to achieve any sort of effectiveness in Congress. In BC Politics, Kevin Surbaugh (2006), reports that he has read in a Green Party document. He states: â€Å"This article is about the Democrats trying to pass a bill (HR 4694) that effectively seeks to ban any and all third parties, basically making it so only the Republicans and Democrats will have access to power. Its already difficult for an independent or third party candidate to gain ballot access, but this new bill would make it almost impossible. HR 4694 (Let the People Decide Clean Campaign Act) would mean that the official nominees of parties (i.e., Democrats and Republicans) that had averaged 25% of the vote for House races in a given district in the last two elections would get full public funding. All others (i.e., third party and independent candidates) would be required to submit petitions signed by 10% of the number of people who voted in the last election to get partial funding, and 20% petitions to get full funding. The press release gives an example of the 2nd district in Missouri, where 10% of that district would be some 35,000 signatures, just to spend anything at all, including your/his/her own money. This is a bill that people of all parties should be concerned about.: (Surbaugh, 2006). Surbaugh calls for actions from Americans to prevent this bill from occurring. Perhaps the best form of action they can take would be to present themselves at the polls and vote for the people that they want to vote for. Again, statistics show that Americans don’t vote for independents because they are afraid that they will be â€Å"wasting† their vote.   Terry Mitchell commented on this in July 2006 in an article called â€Å"Voters are to Blame for Bad Politics†, as follows: â€Å"One of our biggest problems is our unwillingness to vote for independent or third party candidates. These candidates generally do not have obligations to party bosses or quid pro quo relationships with lobbyists like the major party candidates do. Very often, we will vote for the lesser of two evils, rather than an independent or third party candidate who might be much better. Of course, when you vote for the lesser of two evils, youre still voting for an evil. Many people feel like they would be wasting their vote by voting for any of those other candidates. This is simply not true. A voter only wastes his/her vote when he/she votes for someone he/she does not really like. Instead, we create a voting catch-22 for ourselves, i.e., no one will vote for Mr. Independent because he has no chance; Mr. Independent has no chance because no one will vote for him. If enough people decided to start voting their conscience, we could break that vicious cycle.† (Mitchell, 2006) When Americans go to the poll on 7 November 2006, there will not only be two parties on the ballot paper. Democrats and Republicans will be joined by the likes of the Constitution Party, the Liberation Party, interest groups such as the Green Party, and even the Peace and Freedom Party.   How will the 45% of Americans who want a third party in Government vote?   Indeed, will they vote at all?   Once before we have seen how powerful an effective third party vote can be.   Some have said that Perot cost George Bush the 1992 election. During the spring primaries in the big industrial states like New York and Pennsylvania, when attention might have been paid to Clinton and former California Governor Jerry Brown as they fought each other and debated a domestic agenda for the new administration, all the media covered was the undeclared candidacy of Ross Perot (Ieinsdorf.com, 2006). And did Nader cost Gore the election in 2000? A closer look shows if Nader wasnt a choice, the 2.7% who supported Nader would have split so Gore would have picked up about 2% more support and Bush would have picked up an additional 1%. In a non-Nader race, Gore would have prevailed over Bush 50% to 49%. (Mike Hersh, 2003). This is indicative of exactly how much impact the third party vote can have, and the fact that these two events occurred in close succession are indicative that the public is slowly beginning to vote for who they actually want to.   This suggests that while there is still huge opposition, in the end a third party will prevail. In conclusion, we can see that while it may be that Americans are in favor of a third major political party in their country (the votes for Ralph Nader and Ross Perot in recent years are indicative of this, and not purely mirage), some reform is needed before this can happen. Is this trend to continue?   The results of the upcoming election will be interesting. Americans themselves must actually go to the polls, and once there, they must vote for the candidates they actually believe the most in.   Congressional opposition to new parties also needs to be overcome and traditional two party system beliefs changed. While I believe that a third party will be prevalent in American politics in the future, I do not believe that it will occur very soon.   The three determining factors – Congressional opposition, low voter turnout, and voters not voting for who they really want, need to be overcome first. Works Cited Angus Reid Global Monitor, â€Å"Americans Want Third Major Political Party† (2003), retrieved 6 Nov 2006 from the website http://www.angus-reid.com/polls/index.cfm?fuseaction=viewItemitemID=11673 Hersh, Mike, (2003) â€Å"Did Nader Help Al Gore in 2000†, retrieved 6 Nov 2006 from the website http://www.mikehersh.com/Did_Nader_Help_or_Hurt_Al_Gore.shtml Hough, Lory, (2006) â€Å"The American Voter† retrieved 6 Nov 2006 from the website http://www.ksg.harvard.edu/ksgpress/bulletin/spring2000/american_vote.html Iensdorf, (2006) â€Å"Perot Did not Cost George Bush the 1992 Election† retrieved 6 Nov 2006 from the website http://www.leinsdorf.com/perot.htm Mitchell, Terry, (2006), â€Å"Voters are To Blame for Bad Politics† retrieved 6 Nov 2006 from the website http://www.americanchronicle.com/articles/viewArticle.asp?articleID=11264 Surbaugh, Kevin, (2006) â€Å"Congress Planning to Shut down Third Parties†, retrieved 6 Nov 2006 from the website http://blogcritics.org/archives/2006/02/11/034246.php VoteBuddy.com, â€Å"Our Vote is Held Hostage†,   2006 retrieved 6 Nov 2006 from the website http://votebuddy.com/ Wikipedia, (2006), â€Å"Two Party System†, retrieved 6 Nov 2006 from the website http://en.wikipedia.org/wiki/Two-party_system

What is a virus - computer :: Computer Science

What is a virus - computer What is a VIRUS Virus (computer), self-duplicating computer program that interferes with a computer's hardware or operating system (the basic software that runs the computer). Viruses are designed to duplicate or replicate themselves and to avoid detection. Like any other computer program, a virus must be executed for it to function-that is, it must be located in the computer's memory, and the computer must then follow the virus's instructions. These instructions are called the payload of the virus. The payload may disrupt or change data files, display an irrelevant or unwanted message, or cause the operating system to malfunction. Computer viruses activate when the instructions-or executable code-that run programs are opened. Once a virus is active, it may replicate by various means and tries to infect the computer's files or the operating system. For example, it may copy parts of itself to floppy disks, to the computer's hard drive, into legitimate computer programs, or it may attach itself to e-mail messages and spread across computer networks by infecting other shared drives. Infection is much more frequent in PCs than in professional mainframe systems because programs on PCs are exchanged primarily by means of floppy disks, e-mail, or over unregulated computer networks. Viruses operate, replicate, and deliver their payloads only when they are run. Therefore, if a computer is simply attached to an infected computer network or downloading an infected program, it will not necessarily become infected. Typically a computer user is not likely to knowingly run potentially harmful computer code. However, viruses often trick the computer's operating system or the computer user into running the viral program. Some viruses have the ability to attach themselves to otherwise legitimate programs. This attachment may occur when the legitimate program is created, opened, or modified. When that program is run, so is the virus. Viruses can also reside on portions of the hard disk or floppy disk that load and run the operating system when the computer is started, and such viruses thereby are run automatically. In computer networks, some viruses hide in the software that allows the user to log on (gain access to) Types of VIRUS There are five categories of viruses: parasitic or file viruses, bootstrap sector, multi-partite, macro, and script viruses. Parasitic or file viruses infect executable files or programs in the computer. These files are often identified by the extension .exe in the name of the computer file. File viruses leave the contents of the host program unchanged but attach to the host in such a way that the virus code is run first. These viruses can be either direct-action or resident. A direct-action virus selects one or more programs to infect

Case Study on Frank Drake Business Planning

Business planning Case study This case study has three separate sections to it. The case material is given below, and then there is: †¢ A worksheet based on the case study (including the development of a full business plan) †¢ An interactive quiz Taktical. com Frank Drake is a software engineer with a major multinational firm and a highly experienced programmer. He is also a keen racing sailor, and for many years in his spare time he has been developing a piece of software to help racing sailors plan their tactics for a race.The software enables you to input a wide range of variables, including the weather, the tide, the nature of the course, the boat characteristics and information about the competition. From this you can then develop a strategy for the race. After the race you can input your decisions and test them against what the software considered the optimum strategy. Frank has used it widely and found it very effective and he has also given copies of it to sailing f riends for them to test.They have frequently commented that he should sell it, and he has finally decided to leave his job and set up a company to sell and market the product. He has decided that the most effective way to distribute it would be through the internet and so he is planning to set up a sales and promotion web site called taktical. com. The software itself will be available through a CD. To make the software more marketable he will need to employ some other programmers and designers.He is planning to work from home initially and he estimates his initial set-up costs to be as follows: †¢ Software costs – ? 4,000 †¢ E-commerce set-up and hosting – ? 1,250 †¢ Design costs – ? 950 He has allocated ? 3,600 for his marketing budget, though he has not yet decided the most appropriate marketing methods to use. He has investigated carefully to see what other similar products are available and believes he has found a niche in the market, though there are some other sailing simulation packages, but these are mostly game-style ones and not targeted at serious sailors.He feels that this is a premium product targeted at a small niche and so he is able to set a relatively high price. He has discussed this with sailing friends and it is clear that price is not very important in their decision about whether to buy the product. He is planning therefore to charge ? 65 for each CD produced. He expects the variable costs of each unit to be: †¢ ? 2. 50 per CD produced †¢ ? 5. 25 for each manual produced †¢ ? 2. 25 postage/distribution costHe will be starting to sell the product at the start of March 2004 and expects sales for the first year to be:    |Mar |Apr |May |Jun |July |Aug |Sept |Oct |Nov |Dec |Jan |Feb | |Sales |15 |20 |25 |45 |40 |35 |25 |10 |10 |45 |15 |25 | |He is going to approach the bank to try to raise ? 10,000 start-up funding, but needs some help developing his business plan. Why not have a go at the worksheet or the quiz associated with this case study. Business planning Case study – Worksheet Before starting this worksheet, make sure you have thoroughly read the case material.

Background to HRM at General Motors Corporation Essay

General Motors Corporation (NYE: GM) is the leading American automaker in the world with its operations spanning in 157 countries. The car manufacturer was established in 1908 in Michigan and today it is headquartered in Detroit, the United States of America. Besides the domestic industry of the United States of America, General Motors manufactures cars and trucks in other 30 countries around the world. Among its brand products are Cadillac, Buick, Chevrolet, GMC, GM Daewoo, Hummer, Holden, Opel, Saab, Pontiac, Vauxhall, and Saturn. Besides these brands that are owned by the automaker, GMC also operates joint ventures in China and Japan. That is, Shanghai GM and SAIC-GM-Wuling Automobile respectively. From its Website, General Motors Corporation is among the leading American employer with 204 000 employees distributed throughout its global markets. The employees include production engineers, financial auditors, marketers, and researchers among others. Before restructuring and retrenching that took place in 2008 following a harsh global financial crisis that resulted into a loss of $37.3billion by the automaker, General motors corporation was the leading American employer with 284 000 employees (GMC, 2008). Because of its large network of global presence in 31 countries, General Motors human resource management practices entail international practices that are designed in accordance to the international operation requirements and the organizational culture designed to reduce operational costs. Majority employees of the corporation’s subsidiaries in the 31 countries are drawn from the domestic pool of local labour markets and only a few expatriates are drawn from USA as back office managers due to their wide knowledge of its organization culture (Cappelli, 1999). The Board of directors which draws from the organization’s international market presence is charged with the responsibilities of making major decisions critical to the company’s operation. According to Gustin (2008), General Motors Corporation spent up to $103 million in settling healthcare insurance benefits of its retired employees in 2007. From this information, it is evident that the American automaker provides life insurance covers for its employees upon retirement. However, following restructurung, these benefits  were stripped off and only a few employees still enjoy them today. From January 1, 2010, pension scheme of retired hourly employees of General Motors Corporation was transferred to United Autoworkers; a third party insurance firms and all permanent employees who were hired after january 1, 1993 nolonger receive health care insirance benefit upon retirement(GMC,2008). The entry salary of the global automaker is dictated by the labour laws of each market of operation and thus varied with the United States of America being the highest irrespective by job categories ( Main et al., 2007). The organization has invested in a Human Resource Management system that allows close interraction of its global employees through technology such as e-mailing and enterprise resource Management (Azrul, 2010). Marketing strategy entails presentations by field marketers to the organization’s large distributors and online follow ups. Reccommended HRM practices for GMC From the above background analysis of General Motors corporation, it is clear that the organization requires international Human Resource Management practices that will integrate the cultural diversity of its employees.The catastrophic impact of the 2008 financial ciris that resulted into massive restructuring and retrenching of its human resources also underscores the organization’s poor human resource planning. The following recommendations are prescribed for the automaker on the basis of figure 1 below. The first recommendation, is Re-designing the business strategy to target the bottom line of the market. According to Azrul (2010), one of the main reasons for the $37.4 billion loss incured by the American automaker is external market forces from competitors like Honda and Hyundai that were producing far cheaper vehicles with high efficient engines and low fuel consumption rates as compared to Genereal Motors’ brands. In the heat of global financial crisis, the market shifted to consumption of cheaper and less fuel consumers produced by the competitors resulting in huge losses by the General Motors Corporation. The new business strategy should entail  designing cars and trucks with high eficent engines and electric cars that can survive an upsurge in oil prices. This will involve an investment in manufacturing technologies that ensures high quality at reduced costs such as electric engines that uses bateries.This will give the Amecan leading automaker a competitve advantage against the stiffening market competition. The second recommendation is outsourcing of labour from China and Japan. Many Corporations prefer to manufacture their products from China because of the availability of a relatively cheaper labour force when compared to western counterparts. General Motors corporation can either outsource its human resoure from China or undertake most of its production from its Japanese and Chinese Subsidiaries. The labour laws in the two countries are relatively flexible and firendly than in the United States of America. This will help the American Automator reduce huge operational costs incured in meeting the big payroll of over 200, 000 employees. The third recommendation is integration of employees’ training in high involvement work practices. According to Konrad (2006), engaging employees of an organization in job specific training improves their productivity by increasing their job-related skills, reducing propensity of committing costly errors, and increasing their job confidence. Training of General Motors’ employees on their job specifications will improve their productivity. Ofshore trainings in China and Japan are recommended. This will allow the corporation’s manufacturing engineers to learn new efficient production technologies of Japan and China in making cheaper and highly effiecient cars. Motivational incentives such as team building sessions, delegation of duties, self-managed leadership styles, and monetary rewards will boost their commitment to the organization. The combined effect of training and motivation will necesitate restructuring of a pay roll while leveraging on improved productivity of highly productive employees. The fourth recommendation is embracing technology in Human Resource Management system to enhance global cordination of its business. According to Dreher and Dougherty ( 2002), the use of technology such as centralised Enterprise Resource Management system to co-ordinate human resource  activities of General Motors will enhance quick sharing of ideas and consultation among the global employees of the company without barriers. This will allow the organization to carry out its marketing strategies efficiently and effectively without limitation by geographical distances. Effective Human Resource Management through streamlined sofware-based systems enhances fast communication and online training which gives an organization a higher competitive advantage. The fifth recommendation is integration of social benefits such as pension and health care schemes in the reward system. From the backround information above, it is evident that General Motors Corporation with-held social benefits for employees who were hired after January 1, 1993 and transferred the remaining ones to third pary insirance firms. The American automaker also stripped healthcare benefits for retired employees beyond 65 years. Acording to Konrad (2006), social rewards like health care insurance schemes make employees feel more valued by their organizations than monetary rewards in terms of bonuses and salary increments. Also pension schemes improve employees’ commitment to their employer because of future guarantees. This reduces employees’ turnover which is essential in retaining critical human resources for continuity of operation of General Motors. High staff retention improves an organization’s competitive advantage in a complex market of operati onal rivalry. The sixth recommendation is the implementation of employee productivity management and monitoring systems such as Balanced Score Card (BSC) and High Performance Work System (HPWS) (Rouse, 2000). The latter system refers collectively to open systems, autonomouas teams and teamworks, and performance-based pay (Azrul, 2010). The implementation of the two Human Resource Management systems will improve organizational performance by providing real time employees’ information storage database from which future managerial decisions, and rewards will be based. According to Konrad ( 2006), employees of an organization are more productive when they are aware that their performance is recorded for review in determining their future rewards. Effective implementation of the Human Resource Management systems will help General Motors Corporation in categorising employees  according to their productivity rates. This information is important in determining the relevance of job training and objective restructuring in the event of a crisis like that which befell it in 2008. In this case, only high productive employees will be retained. The seventh recommendation is the implementation of an integrative pay/ reward system to inculde performance-contingency pay scheme, skill-based pay, and seniority-based pay scheme. According to performance-contingency pay scheme, the employees’ reward will be based on the performance of their working teams. This will help the automaker in creating effective self-managed and motivated teams. Skill-based pay will ensure that employees’ pay schemes are based on their job skills. For instance, production engineers will be given high pay than marketers because of their technical skills required by the organization. Seniority-based pay scheme demands that those employees who have stayed longer in the organization will get a higher pay than new comers because of their cumulative salary increements along their carrier path. Seniority-based pay scheme promotes staff retention even when the entry salary is relatively lower than the market rates because employees know that there is a room for growth. In general, General Motors Corporation should ensure total compliance with the labour markets and legal environments of their respective countries of operations before implementation of the proposed recommendations. For instance, the employment laws regarding hourly wages, minimum wage policy, employment opportunities, labour regulations, and safety rules in China are different from those of the United States of America. Therefore it is imperative that the American automaker consider their implications in setting the minimum entry wage in each country of operation. Conclusion. In conclusion, General Motors Corporation can sustain its competitive strategy as a leading automaker by embracing the above prescribed Human Resource Mangement system that integrates staff training on job related skills, outsourcing, social reward scheme, technology, and  performance-contingency pay scheme among others as strategic competiencies in its operation. The implementation of Balanced Score Card and HPWS is critical in improving the productivity of the organization’s employees. The proposed system will enhance high staff retention, high staff productivity, and objective contingency planning in times of global crises like the 2008 global financial crisis that lead to massive retrenchment by the automaker. References Azrul, A. (2010). Human Resource Management & General Motors. Monash University Publication, p.1-13.From: http://www.scribd.com/doc/14812855/Human-Resource-Management-General-Motors Main, B.G.,Jackson, C., Pymm, J.,& Wright, V. (2007). GMC:The Remuneration Committee and Strategic Human Resource Management. University of Edinburgh publications, p.1-49. Cappelli, P. (1999). Employment Practices and Business Strategy. Oxfford, ew York : Oxford University Press. General Motors Corporation. (2008). Restructuring Plan for Long-Term Viability: Submitted to Senate Banking Committee & House of Representatives Financial Services Committee. Detroit: General Motors Corporation. Rouse ,D. (2000). Manufacturing Sdvantage:Why High Performance Work Systems Pay off. Journal of Team Performance Management, vol 96(5) , p.1420. Dreher, G., & Dougherty,T. (2002). Human resource strategy: A behavioral perspective for the general manager. Boston: McGraw-Hill/Irwin. Gustin, L. R. (2008). Billy Durant: Creator of General Motors. Ann Arbor. Michigan: University of Michigan Press. Konrad, A. M. (2006). Engaging Employees Through High-Involvement Work Practices. IVEY Business Journal , n.p.From:

The Worst Polluted Places on Earth

The Worst Polluted Places on Earth More than 10 million people in eight different countries are at serious risk for cancer, respiratory diseases, and premature death because they live in the 10 most polluted places on Earth, according to a report by the Blacksmith Institute, a nonprofit organization that works to identify and solve specific environmental problems worldwide. Top 10 Worst Polluted Places Chernobyl in Ukraine, site of the world’s worst nuclear accident to date, is the best-known place on the list. The other places are unknown to most people and located far from major cities and populations centers, yet 10 million people either suffer or risk serious health effects because of environmental problems ranging from lead contamination to radiation. â€Å"Living in a town with serious pollution is like living under a death sentence,† the report says. â€Å"If the damage does not come from immediate poisoning, then cancers, lung infections, developmental delays, are likely outcomes.† â€Å"There are some towns where life expectancy approaches medieval rates, where birth defects are the norm, not the exception,† the report continues. â€Å"In other places, childrens asthma rates are measured above 90 percent, or mental retardation is endemic. In these places, life expectancy may be half that of the richest nations. The great suffering of these communities compounds the tragedy of so few years on earth. The Worst Polluted Sites Serve as Examples of Widespread Problems Russia leads the list of eight nations, with three of the 10 worst polluted sites. Other sites were chosen because they are examples of problems found in many places around the world. For example, Haina, Dominican Republic has severe lead contamination - a problem that is common in many poor countries. Linfen, China is just one of several Chinese cities choking on industrial air pollution. And Ranipet, India is a nasty example of serious groundwater pollution by heavy metals. The Top 10 Worst Polluted Places The Top 10 worst polluted places in the world are: Chernobyl, UkraineDzerzhinsk, RussiaHaina, Dominican RepublicKabwe, ZambiaLa Oroya, PeruLinfen, ChinaMaiuu Suu, KyrgyzstanNorilsk, RussiaRanipet, IndiaRudnaya Pristan/Dalnegorsk, Russia Choosing the Top 10 Worst Polluted Places The Top 10 worst polluted places were chosen by the Blacksmith Institute’s Technical Advisory Board from a list of 35 polluted places that had been narrowed from 300 polluted places identified by the Institute or nominated by people worldwide. The Technical Advisory Board includes experts from Johns Hopkins, Hunter College, Harvard University, IIT India, the University of Idaho, Mount Sinai Hospital, and leaders of major international environmental remediation companies. Solving Global Pollution Problems According to the report, â€Å"there are potential remedies for these sites. Problems like this have been solved over the years in the developed world, and we have the capacity and the technology to spread our experience to our afflicted neighbors.† â€Å"The most important thing is to achieve some practical progress in dealing with these polluted places,† says Dave Hanrahan, chief of global operations for the Blacksmith Institute. â€Å"There is a lot of good work being done in understanding the problems and in identifying possible approaches. Our goal is to instill a sense of urgency about tackling these priority sites.† Edited by Frederic Beaudry

The Efficient Markets Hypothesis

The Efficient Markets Hypothesis The efficient markets hypothesis has historically been one of the main cornerstones of academic finance research. Proposed by the University of Chicagos Eugene Fama in the 1960s, the general concept of the efficient markets hypothesis is that financial markets are informationally efficient- in other words, that asset prices in financial markets reflect all relevant information about an asset. One implication of this hypothesis is that, since there is no persistent mispricing of assets, it is virtually impossible to consistently predict asset prices in order to beat the market- i.e. generate returns that are higher than the overall market on average without incurring more risk than the market. The intuition behind the efficient markets hypothesis is pretty straightforward- if the market price of a stock or bond was lower than what available information would suggest it should be, investors could (and would) profit (generally via arbitrage strategies) by buying the asset. This increase in demand, however, would push up the price of the asset until it was no longer underpriced. Conversely, if the market price of a stock or bond was higher than what available information would suggest it should be, investors could (and would) profit by selling the asset (either selling the asset outright or short selling an asset that they dont own). In this case, the increase in the supply of the asset would push down the price of the asset until it was no longer overpriced. In either case, the profit motive of investors in these markets would lead to correct pricing of assets and no consistent opportunities for excess profit left on the table. Technically speaking, the efficient markets hypothesis comes in three forms. The first form, known as the weak form (or weak-form efficiency), postulates that future stock prices cannot be predicted from historical information about prices and returns. In other words, the weak form of the efficient markets hypothesis suggests that asset prices follow a random walk and that any information that could be used to predict future prices is independent of past prices. The second form, known as the semi-strong form (or semi-strong efficiency), suggests that stock prices react almost immediately to any new public information about an asset. In addition, the semi-strong form of the efficient markets hypothesis claims that markets dont overreact or underreact to new information. The third form, known as the strong form (or strong-form efficiency), states that asset prices adjust almost instantaneously not only to new public information but also to new private information. Put more simply, the weak form of the efficient markets hypothesis implies that an investor cant consistently beat the market with a model that only uses historical prices and returns as inputs, the semi-strong form of the efficient markets hypothesis implies that an investor cant consistently beat the market with a model that incorporates all publicly available information, and the strong form of the efficient markets hypothesis implies that an investor cant consistently beat the market even if his model incorporates private information about an asset. One thing to keep in mind regarding the efficient markets hypothesis is that it doesnt imply that no one ever profits from adjustments in asset prices. By the logic stated above, profits go to those investors whose actions move the assets to their correct prices. Under the assumption that different investors get to the market first in each of these cases, however, no single investor is consistently able to profit from these price adjustments. (Those investors who were able to always get in on the action first would be doing so not because asset prices were predictable but because they had an informational or execution advantage, which is not really inconsistent with the concept of market efficiency.) The empirical evidence for the efficient markets hypothesis is somewhat mixed, though the strong-form hypothesis has pretty consistently been refuted. In particular, behavioral finance researchers aim to document ways in which financial markets are inefficient and situations in which asset prices are at least partially predictable. In addition, behavioral finance researchers challenge the efficient markets hypothesis on theoretical grounds by documenting both cognitive biases that drive investors behavior away from rationality and limits to arbitrage that prevent others from taking advantage of the cognitive biases (and, by doing so, keeping markets efficient).

Mango expands in the world markets Essay Example | Topics and Well Written Essays - 3500 words

Mango expands in the world markets - Essay Example According to the research findings in 1960s the fashion market was dominated by haute couture but this trend was going to change rapidly with the emergence of mass-consumer society and prà ªt a porter or ready-to-wear clothing. Initially consumers we not very welcoming of the idea and consider ready-to-wear clothing inferior, but by 70s the trend changed as prà ªt a porter showcased collections at par with haute couture .Over the years businesses have proven that the retail provides a brand with the highest number of options to showcase its potential. It is noteworthy that Spain was one of the countries which had a significant impact of the European financial crisis in 2008. This worsened the situation for most Spanish businesses as there was low productivity, high unemployment and low FDI. Even during these tough times fashion brands like Zara, Mango and Massimo Dutti were well prepared for the crises due to their high international presence, adaptation and up-to-date collections based on urban trends. Mango is one such popular prà ªt a porter brands that have an international presence. Mango’s aim right from the beginning has been to dress the urban young woman in premium quality trendy clothing at very affordable prices. Mango has been expanding rapidly globally and has managed to attain its goal â€Å"†¦of having a store in every major city of the world†. Mango has its origins in Spain and initially Spanish consumers were price-conscious but not as fashion-conscious as their Italian counterparts. So it was Italy who entered the international arena first. Mango had a small presence at the time when they entered the international market but they followed the franchising model and also offered return policies to their consumers8. Key Players and their Performance Mango globally is recognized as a key player in the industry of â€Å"fast fashion†, other key players include megabrands like Sweden’s H&M, Spanish Zara, American Gap and the U.K. retail chain New Look 9. By â€Å"fast fashion† we mean that these stores turn-over their inventory on a weekly-basis as opposed to a monthly one10 .The key concept promoted by all these brands is to make trendy and inexpensive clothing accessible to everyone at a very rapid pace. Currently a dominant trend in the apparel retail has been that they have started forming alliances with celebrity designers. This strategy has worked wonders for most brands and pulled the retail label in-line with high-end celebrity brands. According to Interbrand H&M has been particularly very ardent towards embracing this trend by working in collaborations with the likes of Stella McCartney and Roberto Cavalli (2008). Zara however has not embraced this trend very enthusiastically and sells a somewhat similar product and price range, Mango has attempted to differentiate itself by bringing designers like Mila Jovovich11 , Together they work towards providing affordable clothing to people while having been designed by a top-notch designer. Zara is a member of the Spanish group Inditex, which is considered the world’s largest clothing retailer12 . Presently Zara is showing phenomenal growth and performance as compared to others, here is a representation of sales performance for the brand and some other retail brands for the year 2001 and 2002. Source: Torun, F. â€Å"ZARA-A European Fashion Brand.† Mango Positioning and Closest Competition In terms of branding Mango would be a â€Å"branded own label† by this we mean that they have a private label proposition as well as environment and pricing strategy13. However, in light of the positioning Zara would be the closest competitor for Mango, because their target market, country of origin, business methodology I very similar. Both are examples of â€Å"fast fashion† retailers who have invested extensively n designing and supply chain management to ensure that their inventory levels are m anaged every week rather than on a monthly basis. Mango handles all steps from product

DYADIC RELATIONSHIPS and (B) CHARISMATIC AND TRANSFORMATION LEADERSHIP Case Study - 1

DYADIC RELATIONSHIPS and (B) CHARISMATIC AND TRANSFORMATION LEADERSHIP - Case Study Example e to share their part of version over a particular issue; this gives subordinates confidence and sense of ownership that they are a valuable part of the organisation. And, at the same time, this brings total and practical rather than superficial participation in decision making, besides, this exchange relationship motivates them to avail more subordinate autonomy. In these times, many would not disagree that organisations succeed when they allow their organisational leadership to extend autonomy and ensure the concept of decentralisation aggregately. 2. Comment on â€Å"Dyadic relationships typically progress through a series of ups and downs with shifts in attitudes as the two parties attempt to reconcile their desire for autonomy with their desire for closer involvement† The LMX theory is under-developed. It has yet to fully define the all areas and way exchange relationships evolve over time (Yukl, 2010, p.239). This theory suggests that exchange relationships construct and evolve in a very smooth but continuous fashion, taking their base from the initial impressions. However, some longitudinal studies contend that the LMX relationships develop faster and remain stable. But, other researches do not agree with this claim, they contend that dyadic relationships undergo a series of ups and downs, where roles of behaviours cannot be undermined. The closer elaboration surfaces some facts. Without any doubt, perceptions play a vital role in developing or dissolving any exchange relationships. Many further studies within this area would greatly be helpful in analysing and understanding the each party’s perceptions of the relationships. Charismatic leaders are by nature transformational (Lussier, 2010, p.349). However, not all transformational leaders become successful in achieving their transforming results via the charismatic of their personalities. Charismatic leaders prefer to promote their personal image and identification in contrast to transformational