Harrah’s Entertainment, Inc. Case Study Essay

Why is it important to use â€Å"theoretical win† instead of â€Å"observed win† in order to access the revenue generated by customers? This question is in close relations to potential outcome and probability rather than actual figures generated by customers. First of all, the definition of â€Å"theoretical win† must be made clear from that of â€Å"observed win†. â€Å"Observed win† is the actual amount that is won physically over a certain period of time (e.g. per month) while â€Å"theoretical win† entails the potential amount to be won over a longer term period given that the player is consistent with his/her gambling habits. By calculating revenues generated by customers using the â€Å"observed win† method, Harrah’s will be short sighted in its approach and the results for the revenues generated will be inaccurate. For example, new customers who are just starting out to play in Harrah’s casinos might initially generate low amount of â€Å"observed win† for the company as they have little or no loyalty to Harrah’s. However, these players might actually have huge potential to generate large amount of wins for the company in the future once they are successfully bought over by the company’s program. Under the â€Å"observed win† method, these players may not be detected by the radar and often neglected. Insufficient marketing efforts and rewards will be directed at them to develop their loyalty to Harrah’s. Furthermore, one more point to note is that past behavior is not always indicative of future behavior and thus by using â€Å"observed win†, we are missing out on opportunities that are not observed in the past. As a result, it may lead to the loss of potential revenues generated by this group of people and an undervaluation of the realizable revenue of the company. On the other hand, if the â€Å"theoretical win† approach is used, the company would be able to predict the long term revenue generated from customers based on the assumption that they are loyal to the company using their average bids and bidding frequency at the casinos. This projection provides the company with a goal or rather unfulfilled yet achievable revenue in sight to strive for. By targeting these individuals with high potential and doing their best to induce loyalty in them, the company will be able to boost total revenues generated. In the long run, this method provides a more realistic extrapolation of the revenues achievable by the company if they target the right people.

Of Mice and Men’ is a novel about people Essay

Of Mice and Men’ is a novel about people. Are there â€Å"too many cripples, misfits and unusual characters† in the novel to consider Steinbeck’s portrayal as true life? Steinbeck’s novel is based on ordinary people during the American Depression. Steinbeck has an understanding of how migrant workers were and how it was as he had his childhood in California near Salinas Valley. During the period in which the novel was wrote was written migrant workers went from ranch to ranch working for money never really having a secure job as new technology in machinery made it cheaper to harvest crops. This introduces the two main characters George and Lennie, migrant workers, who do not fit into 1930’s society. The novel based is on characters that represent different walks of life during the period illustrating the American culture. Steinbeck portrays the American culture in a condensed version occurring only on a ranch, showing the grim truces of the society, when the novel was written In Steinbeck’s novel the character Candy is a man who has gone past his prime of his life. He has a stumped hand and therefore he is too maimed to be working in the fields, he can be seen as a cripple in the novel. The result of this is that he has menial job as a swamper. To represent the fears of time Steinbeck writes about Candy being worried about getting the †can† as a result of his unimportance on the ranch, and this is shown when Steinbeck wrote †I ain’t much good with o’ny hand. I lost my hand right here on this ranch. That’s why they give me a job swampin† This suggests that the job was only given to Candy out of sympathy. Furthermore Candy saying †I ain’t much good† shows his awareness of his own situation, being worthless to the ranch. Candy represents the aged sector that exists in every society, at the time the novel was written work was very scarce and if people were employed they would have to work hard to say in work. Candy as an aged person is on his last job, because if he loses it no one else will take him on. This is his major fear throughout the novel and Steinbeck portrays the aged migrant worker as a pathetic man with only a dog to keep him company. Steinbeck writes †Candy looked a long time at Slim to try and find some reversal† The above statement suggests that Candy has no authority with the other workers on the ranch and needs Slim to assist him; this shows Candy, as a cripple, has no respect from the other characters, which is a portrayal of true life during the American Depression. With the ‘dog eat dog world’ of the period skill, strength, intelligence, age and skin colour affected authority. Candy has a change of attitude after hearing about the ‘dream’ soon after his dog was shot, Steinbeck choosing to write the ‘dream’ being heard by Candy at this point in the novel when the character had lost everything that was important, gives the cripple hope for the future as his past (with his dog) is finished. Sadly the dog is a symbol of his possible future, the fate of the aged. In a time of mass unemployment and the fear of loneliness compels Candy to latch himself onto a belief to persevere in the harsh lonely world and this gives Candy the renewed confidence. Steinbeck shows the change of Candy’s attitude after he hears about the ‘dream’, †Candy joined the attack with joy ‘Glove fulla Vaseline,’ he said disgustedly.† This quote enhances the change in the character of Candy, as before he did not say anything in general conversation between the workers and at this point he was important. The verb †attack† shows Candy’s aggression against Curley, who has a higher status than Candy and is more important to the running of the ranch and is the bosses son, not a cripple and stronger. The adjective †disgustedly† in the quote shows that Candy is sickened by Curley and Curley’s attitude to others and Candy himself. This shows Candy is more than a cripple in the story, but a character who needs an image of a better future for himself with no worries. The ‘dream’ of getting a ranch of their own is the need for some security can be compared as a pension in a modern view. Once Candy has this security in the ‘dream’ Steinbeck enhances the character making him bolder, and his character comes out from the shell of an old cripple. In chapter two Steinbeck introduces the reader to the character of Crooks. The name Crooks is not used for him at the start of the novel and it is only later on that he is called Crooks. The names used for him are derogatory labels including ‘stable buck’, ‘nigger’ and Crooks. Throughout the whole novel the reader never finds out the character’s real name, which adds to the effectiveness of the character being a misfit. Steinbeck enhances the idea of Crooks being a misfit when he writes †They let the nigger come in. Little skinner name of Smitty took after the nigger. Done pretty good, too† This depicts that the other characters do not see Crooks a real human being but as an object of entertainment. Steinbeck conveys how a black man fits into the society of the period through racism. Crooks is a misfit in the novel because of his skin colour and his physical appearance, because of this he is segregated from the other workers on the ranch. This can be shown by †They let the nigger come in† this implies that the others do not want to be around him and that it is an important event when he does. The above quote can also suggest that Crooks wants to be sociable with the others and the word †let† suggests that the character has tried before. His injury to his back illustrates to the reader that he can be put into a category with Candy, as a cripple. The connection between the two is deeper than them both have a disability. Steinbeck brings them both together in chapter 4 at the start of the novel when he writes †Yeah. Nice fella, too.† Candy is shown to have a high regards and respect for him; Steinbeck puts them in the same situation in the novel. Candy and Crooks as cripples both need to belong to something as there is always the threat of getting the ‘can’ or a similar consequence to of Candy’s dog. One may think that Steinbeck was trying to portray a bridge across racism in the period with a white man and black man wanting the same ‘dream’. As Crooks changes his view in the novel from being a defensive one to felling some hope about the dream too. At first Crooks’ attitude to †little piece of land in his head† is an objectionable because society has made him pessimistic and spiteful to any sign of others having some ‘dream’ of happiness knowing that he can not have any because of race. However when he hears about the money he is more open and suggests he wants to be apart of it, this can be shown when Steinbeck wrote †Ã¢â‚¬ ¦If you †¦ guys would want a hand to work for nothing- just his keep† This quotes conveys Crooks’ hope in the ‘dream’ and he wants to be apart of it to be secure and treated as an equal. The reader learns a valuable lesson from Crooks and Steinbeck portrays it effectively that society is in the wrong not that the characters. Steinbeck illustrates Crooks as being †a proud son of a bitch† with his tidy room but this does not make just a misfit or a cripple but he has humanity with all other blacks. That’s why a lot of time is devoted to him in the novel, his role is equally important to the social statement made by Steinbeck. The end of this key chapter with Crooks in, chapter 4, unhappily ends how it began with Crooks rubbing medicine into his back, this is a powerful message put across to the audience which may evoke the reader to think that society will not change unless we change society. Crooks had briefly gained some respect from other white males and had hope for the future, but it is when this happens that a women shattered his hopes, this would be terrible to Crooks because women were thought to be lower and weaker than men, so being put down by Curley’s wife made him worth nothing, just like during the beginning of this chapter. A character that is, in essence, unusual is Curley’s Wife. She is unusual because she is the only female character who speaks in this novel. Steinbeck’s portrayal of women in this novel is not in a good light, given that the men go to a brothel. Women typically represented as objects of sexual nature not as partners or equals but as. Curley’s Wife is unusual in a way that she is the only women on a ranch full of men going around dressed to seduce, this can be shown in †She had full, rouged lips and wide-spaced eyes, heavily made up. Her fingernails were red.† Steinbeck suggests that she is trouble by all the †red† in the description, with †red† bringing up connotations of danger. The red also can connote seduction. Steinbeck’s character has a habit of looking for her husband which can suggest that she is lonely and is constantly seeking attention from the other men, another reason for dressing up seductively is to conceal her loneliness, Steinbeck includes her in the novel to portray the American housewife, wanting to be something more than a housewife. This was typical during this period of social change with Hollywood and women becoming celebrities, which is exciting compared to a life on the ranch. Steinbeck effectively portrays this in †He says he was gonna put me in the movies. Says I was a natural.† This implies to the reader that she wanted something more to her life than to be stuck on a ranch. This however makes her a misfit on the ranch in the novel because of her wanting a different ‘dream’ to come true, but during that period people were fascinated about celebrities so the character of Curley’s Wife can represent the women’s struggle during the American Depression. We learn from the novel that society during that period was male orientated and that women were beginning to have their own ‘dreams’ other than finding a good man to marry. Throughout the whole novel the reader is aware of Lennie being a misfit in the novel. When the reader is first introduced to this character his physical description suggests that he is misfit †large pale eyes† can connote the lack of intelligence, giving the sense of subdued expression, the adjective †large† agrees with the stature of Lennie, though the adjective †pale† implies the mindlessness of him. The other characters in the novel who are misfits, unusual characters or cripples have a physical or emotional problem but Lennie as one of the lead characters is different with an intelligence problem; this engages the reader’s sympathy as Lennie is every childlike. Steinbeck writes about the childlike behaviour of Lennie in †Lennie was still smiling with delight at the memory of the ranch† This quote depicts Lennie’s lack of social skills, like a child, which gets the character into a trouble that wouldn’t have really happened in the novel if the character was not a misfit, such as what happened in Weed where he stroked the women’s dress not knowing that he was doing something wrong and ended up being outcast and hunted. Steinbeck’s 1930’s society is not tolerant of Lennie and his disability to handle a difficult social problem. Society when this novel was written is not an understanding one and Steinbeck dramatically portrays this by the fight in the novel. Steinbeck shows the reader during that period people acted too rash and unsympathetic, and Steinbeck with this novel wants people to take notice of society and for it to be more tolerant to misfits, cripples and in a sense unusual characters. Steinbeck leaves the ending of Lennie at a moderately neutral point of view; this lets one make up ones mind to know that it’s a tragedy. On one side that it is a tragedy that Steinbeck’s characters have no acknowledgment of Lennie killing Curley’s Wife by accident and that he has no understanding of death and his own strength. On the other side some readers may believe that Lennie should be shot because he killed a human, even with his lack of intelligence it still make him a danger to society. Steinbeck writes his death in the place where Lennie suits best throughout the whole novel, in nature †Suddenly Lennie appeared out of the brush, and he came as silently as a creeping bear moves.† This quote implies that Lennie suited the environment that he was in, and the metaphor †a creeping bear moves† is a powerful one. In addition, it conveys the character to be almost part of nature and if he was never meant for society. As a result of this, the reader may think it is less of a tragedy as Lennie dies where he belongs. Steinbeck portrays the purpose of Lennie’s character of being the character that allows people to have a ‘dream’. Lennie is the one to console in and not to put down people, because he has no real understanding of how the world works. Candy and Crooks benefit from having time with Lennie as Candy has someone to talk too furthermore ensuring Candy a no opposition to joining the ‘dream’, which may not have occurred if Lennie was not a misfit to society. Crooks has someone to talk to without no prejudice as it because of Lennie being unintelligent, he did not understand the concept of racism. Lastly, Lennie ensured Curley’s Wife finally got someone to talk to in the novel. Steinbeck’s misfit Lennie shows the flaws in society that needs to be exposed in true life. If there were more people like Lennie on the ranch (society) there would be more empathy towards others and their feelings and there wouldn’t be feelings of superiority other one another. George and Lennie have a friendship that is not typical of the period in which the novel was set. Two men travelling around together and working together was unheard of, the American Depression saw people distant themselves from each other. With no security, men chose not to trust each other. Steinbeck depicts this effectively throughout the whole novel. This relationship is not typical of the era, Steinbeck shows this when he writes †Ã¢â‚¬â„¢Guys like us, that work on the ranches, are the loneliest guys in the world. They got no family. They don’t belong no place.†Ã¢â‚¬â„¢ This illustrates the stereotype of the migrant worker making this unusual relationship out of place in the novel and Steinbeck wanted to show this by the effects of their relationship upon the characters. The relationship being not of true life has a sense of inevitable doom to it. Steinbeck depicts the relationship to draw other characters to it so that they can belong even though the friendship creates suspicion in; †He hooked his thumbs in his belt and squinted one eye nearly closed† This expresses to the reader the Boss had never seen it before and that thinks it trouble, with †squinted one eye† the verb creates suspicion. This clearly emphasis the idea, that the relationship sparks the plot with eventually, Lennie killing Curley’s Wife. Perhaps Steinbeck shows this because he is making a social statement on the period where people just can not trust in one another or be emotionally close to each other, with out anything going wrong. George and Lennie’s relationship shows one how much empathy and understanding one man can have in another. Against everyone being antagonistic to the relationship George stuck by Lennie until he could no more. Steinbeck’s characters have a friendship that is destroyed by the attitudes in society of the period. In conclusion to this essay, Steinbeck has wrote misfits, unusual characters and cripples in ‘Of Mice and Men’ to show the faults and prejudices during the 1930’s American depression, in which the novel was written. Steinbeck’s characters portray different aspects to the life in the period. Crooks represents the life of a black man having to struggle through life being worth nothing because of skin colour, whilst Curley’s Wife represents how a women struggles in a male dominant society, the male dominant society being the ranch itself. Candy symbolises the aged in the period, being old is being useless and unwanted. Though the novel has misfits, unusual characters and cripples they would not have as much affect if they were not contrast to the more stereotypical characters of the period. Curley and Carlson show the reader the bleak and lonely lives migrant workers had. The contrast has a bigger and more meaningful social statement made by Steinbeck. The writer effectively shows this at the end of the novel. †Ã¢â‚¬â„¢Now what the hell ya suppose is eatin’ them two guys?†Ã¢â‚¬â„¢ This enhances the social statement made by Steinbeck, with Slim consoling George but the other more usual characters, Curley and Carlson, not coming together after the whole plot Steinbeck keeps them apart and socially distant, unaware of the situation George is in. the novel is also concluded within the novel where the image of the water snake an the heron. The whole novel is summarised, with the calmness to the heron snatching the water snake. Steinbeck implies this animal image that humans in a society live like animals and how that we have not evolved to be more tolerable of peoples differences; the consequence of this is Lennie’s death. Steinbeck conveys marvellously that this will keep transpiring as the heron returns to the pool to catch another water snake.

The Unnatural Act of Leadership, Book Review Essay

Odilia Bergh, Peachtree City Police Department Human Resource Management and Development The Unnatural Act of Management February 26, 2013 I began this book like most books, with great anticipation that it was going to be amazing, why else would a qualified instructor assign it. I assumed that it would be a shining example of the finest managerial principals in existence all compacted into a simple to read text with plenty of graphs and helpful handouts. I was certain that I would be a more effective leader for having read it.I spent time strategizing how I would write my paper with great enthusiasm. Then, I read the book. In the first few pages I found myself so caught up with the character development that I quickly lost sight of the big picture. I mean how could I be expected to believe that any one person could accurately describe an entire management team with such accuracy. Richard Thompkins’ descriptions and predictions were almost humorous. His intuition into his co-wo rkers was uncanny. From their personal relationships to the weaknesses in one fail swoop. I wanted to meet Richard myself.As the story developed I later appreciated the lack of filler material as the characters were introduced and it also made for a quick refresher when I was trying to predict who was going to be effected next by Brent’s plans. I quickly became invested in the ninety day project. I could recognize this was a process being explained with the assistance of a story, or a true manager refusing to have an editor alter his vision. Regardless, I decided to step back and focus on the big picture, the actual process of examining an existing managerial team and operations to evaluating its effectiveness through strong managerial principals.Off we went. Learning about the people you are working with, their qualifications and personality traits is imperative. Understanding how they’re perceived by their peers is critical. Richard Thompkins’ descriptions wer e no more than his perception regardless how accurate they might have been. The second part of the equation is the one on one interaction with individuals to develop our own opinions and â€Å"assumptions†. As I began to understand the characters I couldn’t help but begin to assign them new names, names associated with people I work with even myself at times.For the sake of this paper I’ll make up names and rank. Moving into the early chapters I found that my Chief aligns himself strongly with many of the theories and practices that Brent spoke of from conducting effective meetings to managing work stress effectively. Unfortunately prior to his arrival our organization struggled to follow some basic principles that are imperative for success. Basics like â€Å"Read, Listen, Discuss, Observe, or Think. † As police officers, â€Å"read† stands out as an exceptional oddity. The term â€Å"assumptions† was also introduced early in the book and I felt it needed to be developed in more detail.In retrospect, I believe I struggled with the actual term used as â€Å"assumptions† as it has always had a negative connotation to me. Who hasn’t heard the phrase, â€Å"When you assume you make and ass out of you and me? † Regardless, I did recognize that assumptions as introduced are made through communication, making it imperative that effective communication occur to reach valid â€Å"assumptions†. As with any ideas or assumptions they can be altered rather quickly by a number of factors that arise. Understanding this and managing them closely will avoid mistakes to having any major or lasting impact.As employees grow and learn, regardless of rank or title, our assumptions of their abilities might lag or be clouded unless we are constantly communicating. I feel that managing by assumptions can be more effective if you understand who you are dealing with, regardless if you like them personally or not. I a lso recognize that assumptions can easily be influenced by emotions if it’s not monitored properly. I can recognize my growth as manager significantly in this area. I pride myself on making good assumptions based on factual information available to me.I value the decision making process more now that I align myself more clearly with upper management than the mind set of line officers. As a first line supervisor I fill in the blanks when the plans and processes have been identified. I recognize the overall need to establish goals and objectives that are clear and measurable but as a first line supervisor I usually find myself making suggestions and providing raw data which is manipulated and interpreted above my position. Chapter six, I read the title and got excited, What is Management and When Are You Managing?Yes, now we are getting somewhere! I found some truth early on, kind of†¦ Stanley had the position that you learn to be a good manager by managing not by going to school. Before I was promoted years ago I had already obtained my four year degree in Business Management and Organizational Leadership so I felt somewhat prepared. Denial is a nice zip code. Within months of being promoted to Sergeant I was escorted to private meeting room by the two senior officers on my newly appointed team. Truly I don’t remember what they said, but the feeling resonates to this day.YOU KNOW NOTHING, BE QUIET, LISTEN, LEARN AND THEN MAYBE WE WILL LET YOU LEAD. I felt humbled, they had been respectful but firm and the message was clear†¦this was going to be much harder than I thought. I agree that it is very unnatural to decide to produce results through others, especially if we’re better qualified to produce them. I had been a â€Å"go getter- kick ass and tell my backup to take names† kind of officer. As a supervisor the concept that others were going to produce results for me was foreign, I didn’t even know it existed. Educati on would have been beneficial at that point but I didn’t learn that in college.So for that continuing education would have been welcomed, however I may have not been ready to learn the lesson regardless if I had heard it. I loved the management term given in this book. â€Å"Management is a mental process of establishing, and then indirectly achieving the right objectives in the right priority sequence and with sufficient resources. † I have got to admit I felt like that was right on. Over the years I have worked on some level of this definition, but found that at times my priorities were off, or my resources were insufficient or simply the sequence was just not right.I have absolutely no problem in making a decision, with haste. Now I can’t guarantee that it will be a correct decision but as the years pass and the management process becomes more clear my assumptions become more accurate. Of course we should all be tweaking assumptions constantly. Recently our o rganization has been revamping tons of policies, to streamline and make things more efficient. One policy stands out when I think if this management term. As a patrol division we now have a written policy that says that no team can drop below the minimum staffing requirement of six officers.As a patrol supervisor my current team only has seven officers assigned with one deployed over seas. Immediately the problem should be apparent. Each officer is required to flex four hours each pay period, attend training, mange overtime, and ensure vacation time is not carried over. I constantly hear other sergeants complaining that they are below staffing and that they can not operate their teams effectively. They constantly deny leave and training requests which only discourages the officers and causes dissent.I strive not to bring any attention to my team’s situation because if you provide a problem to another manager they are going to solve it, but probably not to your liking. I simpl y flex my team out in the early hours of the morning when there’s minimal, to no call load, and they’re tired anyway. I communicate with the traffic unit supervisor to supplement traffic officers to allow my officers time to attend training. Rarely does a traffic officer have to pick up a call but it allows me not to violate the policy intentionally.I understand that resources are limited and I know my commanders are aware of the problem so reiterating it to them seems counter productive and unnecessary because I feel that we have sufficient resources. I was pleased to read the general rule that said, â€Å"the better the manager, the fewer resources required to be sufficient. † Amen. I believe my organization has shifted the mindset to that of one that measures a good manager/supervisor by the results that are being produced indirectly through our managerial resources.Being encouraged to show ownership while expected to shoulder the responsibility is a welcomed change. I agree that a good manager can manage anything. The next section spoke of determining the difference between stubbornness and persistence; I have to admit I began to sweat. Make no mistake I know that I can be stubborn and quite persistent and no one likes to look in the mirror in the morning. But as I read on I breathed a bit of a sigh. I quickly felt safe, knowing that when I make set an objective that I can’t obtain I will not let it ruin me, and I will bow out, gracefully if possible.I attribute this to an older brother that beat me at EVERYTHING my whole life. As for persistence, I think the word I use is â€Å"heart†. If a person has â€Å"heart† they can overcome almost any other deficiencies, from talent to skill and almost common sense (almost). I think of a wonderful officer I had the privilege of supervising right out of the academy. I seem to get the â€Å"tough ones† but being that I thrive when challenged, and lavish in chaos, I wa s pressed to perform. This officer arrived and with a thick accent and introduced himself.Apparently English was his third language, being from Thailand he struggled with the most basic cultural rituals we enjoy. Even Google was a foreign term. Each night we all worked to help him with everything from his radio traffic to his very poor sense of directions. He would fail, miss the mark, slip, forget, get lost, get made fun of, but he never gave up. He arrived early each night and left late every morning. He smiled, thanked those who helped him graciously, smiled at those who hurt him, smiled at those who he could help and had more heart than any other officer I had ever worked with.He constantly asked questions, never fell into despair and with his determination made everyone respect him. His fortitude was impressive. He says I was his mentor and I taught him so much but I can’t take credit for making him successful because to be honest he taught me every bit as much. He made my need to learn patience rewarding. Under other circumstances I would have resented someone that needed so much assistance to simply function as a first responder. He showed me it was worth the time and effort to give people all you can to help lift them up.He made that lesson for me digestible, even enjoyable. I am proud of the officer he is today, so proud I’m writing about him years later while working on a ten page college paper on management. So as the book progresses Brent is starting to show his managers that he can make good assumptions. He values and encourages communications. He strives to include and share his thought process with his staff. Now this is certainly a new concept at my organization. Initially when my Chief would begin to explain his thought process I would grimace thinking that when he finished he was going to yell, â€Å"There ya happy! But he never did instead, he looked at me and would ask what I thought. I remember having to condition myself to be prepared to actually participate in the process instead of simply walking away wondering what in God’s good name is rolling around in that little mans beady little mind. I thought that very thing quite frequently under my old Chief. I on the other hand had been chastised for explaining myself too much and giving too much information to my officers. Apparently just telling them to do something was suppose to be sufficient since they were being compensated so heavily financially.I felt that if your subordinates and supervisors for that matter, knew your frame of mind and your thought process they could better manage their â€Å"assumptions† (hope you’re proud of me for using the term properly). In turn they could predict your decisions more quickly and learn to make better ones themselves as a result. Span of control was a relevant topic that I found mid way through. Recently our organization was restructured, removing three captains from the top of our command structure. As a first line supervisor I was not effected drastically however my supervisor has shifted completely away from his prior position.With no lieutenants on the patrol shift I find myself with more span of control, unfortunately I feel my support is all but gone. I report to someone I rarely see and no longer have immediate feedback. I recognize the change was necessary and I am striving to find a balance. As for Brent by this point he’s gotten the managers in his corner, he‘s taking calculated risks, or should I say managing effectively by assumptions. His leadership has been almost too perfect in my opinion. No big blunders he never misspoke and was always right. After supervising for twelve years I’m going to call the flag.I recognize that my Chief is a good manager because he says that everyone makes mistakes and all you have to do is sit down and watch for a while and you’ll see one. Maximizing Your Leverage with Direct Producers seemed like a lofty way to say, get your people to work for you. The title was a little pretentious but the chapter was actually one of my favorites. As first line supervisors I’ve grown to simply accept that many direct producers (patrol officers) will never develop a good understanding of management so I work towards building the relationship between them and myself to bridge the gap.I have always excelled and developing loyal relationships based on mutual trust. Unfortunately when trust, the foundation for me is missing, the relationship is essentially doomed. It will be superficial and dysfunctional. For this reason I hold honesty, trust, and moral fortitude in the highest regards as I develop relationships with my co-workers. I feel these three ingredients are our water, oxygen and food we need to survive. Regardless if subordinates understand why your asking them to perform a task, they will perform it for no other reason than you have demonstrated your dedicated to their survival .I have learned over the years that I am not responsible for their happiness that is their responsibility. There was a very interesting couple of paragraphs that outlined the differences between supervisors and managers and he hit the nail on the head when he discussed the first line producers view of the two. It is like the twilight zone. I know that my officers see the sergeants as part of the command staff, however, command staff see sergeants more aligned with the officers. This does pose a difficult position for sergeants who are continuously left out of the communication loop.I always say if you want me to manage your rumors you have to feed me some valid information. Without that, I’m forced to manage rumors by more misinformation. At least I can mange my own rumors better than those of others. As a first line manager I have finally figured out that my primary duty is to make my officers feel important. I think that could have summed up that chapter. Considering I have a few pages left I’ll expound a bit since I feel this is where my forte lies. Again, twelve years ago I was clueless; I thought if I could show the guys how great I was they would want to follow me.Instead I learned that if I show them how great they are they will follow me. The biggest compliment I got was when an officer said, in shift change, that he would run into a brick wall if I asked him to. He added that he figured the wall would fall because why else would I order him to go. I was flattered that he would blindly follow my order, however he also indicated that he respected how I make assumptions (I used it again, gotta be worth 10 points). As an inexperienced supervisor I was concerned about each person liking me, the person they were interacting with. I would adjust for each individual subordinate accordingly.I reflect back and can say that that it was not in the way of a servant leader but more of a teenager who wanted to be liked and accepted. With the years I le arned that I was more effective when I was myself. I am a Christian, wife, mother of four, who happens to hold a position at an organization that requires me to guide, teach, and hold myself and others accountable for our actions. That simplified life drastically. I stay enthusiastic about my career, usually. I never ask anyone to do something I’m not prepared to do myself and I accept responsibility when I make mistakes.I respect those who handle my mistake effectively and use them for what they are, chances to learn. I find disciplining subordinates exciting and challenging. Nothing satisfies me more than to handle a discipline session so effectively that the subordinate still wants to engage me in a personal conversation. The Motivation of Inspiration, deep. I mentioned that our organization went though a drastic structure change recently. I also mentioned that I don’t have the luxury of a lieutenant working with me. On weekends I am alone and during the peak hours of 4:30pm to 7:30pm I have no assistance.The lieutenants developed their own hours and selected 7:00am-3:00pm and 7:00pm to 3:00am. However with the limited supervisors their schedules are constantly changing. Upon returning from a 6 weeks recovery from a foot operation I attempted to meet with my lieutenant on several occasions. I wanted to get an official update on how my team had done along with an update on what was going on with the organization. I had been away from work and had developed some doubts about my current career path. After a few days my lieutenant learned that I was meeting with someone above his rank.He came to me and I confirmed that he had not made me a priority. Frustrated and betrayed he told me that making me â€Å"happy was not his job†. I corrected him and assured him he was not responsible for my happiness but was responsible for my career development. I asked him what he felt his priorities were and he wiggled his finger towards the sky in a circl e and said, â€Å"this†. Not clear on his term I asked him to define it. He again said, this, the organization. I asked him to define who he felt made up the organization. He got even more frustrated and raised his voice.I asked him to lower his voice and improve his argument. He said he didn’t know what I wanted from him, adding that I was a sergeant he knew could handle anything. I explained it like this to him. My job is to check and fill my guys’ gas tanks as needed each shift. His job, was to fill mine, and I was running on fumes. I conceded that I was a hybrid and could go farther than others but eventually would need fuel. Now, that doesn’t mean that anything is wrong with my vehicle it just needs to be maintained. I think he understood and we both agreed to keep working on communicating with each other.I also believe that people will rise to our expectations of them, another key element in motivating others. I have seen officers that struggle with other supervisors arrive on my shift defeated, ready to continue their struggles. I like to immediately empower them with some responsibilities. Certainly something they can succeed at, and then shower them with praise. The cycle then continues, elevating their tasks and responsibilities exponentially until they believe in the person I have told them I see. I had an officer who struggled with making decisions and his self esteem was shattered with all the discipline he’d received.Being a very emotional person, he took discipline from his prior supervisor as a personal attack. I immediately gave him the responsibility to inspect vehicles when he arrived on my shift. At first he called with question after question. I encouraged him to complete all his inspections and upon completion we would address any questions he had. Inevitably in meeting with the other seven officers on his team many of his questions were resolved and he arrived with few questions and the completed inspec tions. I praised his resourcefulness and assigned him the task for the upcoming month.He was excited to have a leadership role and began to act accordingly. With time he grew to be confident his decision making abilities and learned to accept discipline sessions from me as learning opportunities. Now this leads me into the marginal employee. They are out there and what a pain! I have learned much when dealing with this mess. For years I had a marginal employee working under me. She was not only marginal but she was high maintenance. Now to correct that statement, she was capable of working hard if she was â€Å"happy†. So what did the under educated but highly experienced supervisor that I was do, that’s right I kept her â€Å"happy†.I managed her emotionally to motivate her professionally. Sounds easy enough huh? Unfortunately maintaining her happiness was utterly draining and was a daily time consuming venture. But I felt that proving that I could get impressi ve results out of a marginal employee would validate my ability to supervise. Boy was I dead wrong. I remember Brent giving the lesson in the book that brought it all back. Put those problems right back on them he explained, remove that unnecessary stress from yourself. I was moved away from that officer and she tanked with the next supervisor.Of course she blamed him but I knew better. In the last month the teams were again moved around and after two years she would be reassigned to me. Believing that I could save her from her impending termination, if she could not turn it around, she began our first conversation with how happy she was to be working with me again, blaming her last supervisors for all her problems. She then admitted that she was upset with me because I had not accepted her Facebook request. I took that very moment to make the path ahead very clear to her. I told her in no uncertain terms that I would not be managing her happiness.I would however be holding her acco untable for her actions. I also told her that my Facebook was not a topic for discussion. She chose to become insulted instead of enlightened. Within three weeks of being reassigned to my shift she resigned after sixteen years. I know I was not the reason, but I also feel she lost the comfort she was envisioning on my team. I must say that although personally I liked this person, as I supervisor I was ecstatic she chose to leave the organization. Conveniently a few chapters later I came across a section to deal with problem employees.I felt enamored with the comment that marginal employees are the greatest waste of time, money and opportunities within an organization. I have learned that first hand. Being that I have reached ten pages and don’t want to be too much of an overachiever I want to focus the criticizing of others and termination of employees. I was very surprised when I read that Barbara was scared to fire Chuck. Barbara’s character development didn’t foreshadow that insecurity. Regardless Brent knew exactly what to say and was able to convince Barbara to handle a situation immediately after their pep talk.Now I can go on and on about several other topics that arose in the latter pages (especially Stress Transfer) but I’m going to close with this, I enjoyed the lessons shared in this book. However I wouldn’t recommend anyone read this book unless they are borrowing it from me. My book has received full scrutiny and I have highlighted all the pertinent lessons, motivational quotes, managerial theories and terms so there is no need to read all the filler. By the way, I truly think that Brent wears Superman underwear everyday.

In what way can gender be understood to inform the consumption of film Essay

In what way can gender be understood to inform the consumption of film - Essay Example The consumption of film then places a sense of boundaries among women which relate to specific films. The result is a different understanding of gender identity and the way in which one should relate to society. The concept of gender identity and the relationship which this created in film was the basis of the female experience and consumption within the cinema. Perspectives of Cinema The first association with cinema is based on the spectator and the identity which is created from different perceptions. In a current study (Broadcasting Standards Commission, 1998), it was noted that the difference in perception changed according to gender. Women and men, for instance, viewed the ideal of violence differently. Women were known to have a stronger relationship to the aesthetics of the film as well as the impact of violence. This was furthered with a direct relationship which was created to the film and the violence, specifically as women created a relationship to the victimization that often occurred within movies and the sports creations. Men; however, had a different psychological response and didn’t associate the actions of the movie with reality or the actions which they took in various situations (Broadcasting Standards Commission, 1998). ... The cinema was the product which was designed to create a sense of identity. The women became spectators by also consuming the identities which were on television and the representation which this had. The overall ideology was based on the consumption of women as an object in which they were meant to represent an identity or component of life. This objectification was followed by the production and reproduction of familiar forms of identity as well as how this could define the women in society. Spectators then not only became associated with the relationship and emotional responses, but also associated with the consumer ideal and the understanding of what female identity should be inclusive of (Stacey, 1995). The relationship to the spectator with gender identity which one could associate with then became the main point of consumption and objectification of females. However, this specific relationship began after the wartime and with the movement into contemporary film. In the films of the 1930s, there was a specific identity which was based on the woman being the equal to man. Often, there were women who would play the same roles as men and which wouldn’t have different clothing or other approaches to identification. After the 1940s and 1950s, the gender identity began to split, specifically with Film Noir and other experimental approaches. This allowed the identity and the object of gender to split into identifying individuals according to the sociological realities which were in society, allowing for questions to occur with objectification and identity. However, spectators which were looking at this also began to see over – generalized accounts of gender and mimicking this with the

Functions of a public nature under a provision of the Human Rights Act Case Study

Functions of a public nature under a provision of the Human Rights Act of 1998 - Case Study Example Those courts or judicial bodies shall act accordingly when an individual applies for that relief or remedy. Thus, if one perceives that any government authority exercises its powers illegally, he (the aggrieved party) may file or apply to the Administrative Court for judicial review. This means that the petitioner or applicant will be asking the Administrative Court to quash or set aside the allegedly illegal act or order or decision of the challenged government authority.In one case law, the grounds for judicial review were summarized into illegality, irrationality or unreasonableness, and procedural impropriety.1 Illegality and irrationality are founded on substantive considerations as both relate to the principles and theories applied in asking for the review of the act, order or decision of the respondent government authority. Procedural impropriety, on the other hand, points to the serious flaws of the procedures followed by the government authority in doing the act or in issuin g the order or in rendering the decision.Ordinarily, judicial review does not entangle so much in difficulty for its application and interpretation in cases on the subject of human rights. Thus, if an administrative office under the education ministry issues a ruling, for instance, that a certain public high school will accept only straight male boys for education grants, that ruling will be subject to judicial review if the prospective gay students apply for the same on the possible contention of discrimination which will have repercussion on their human rights even under common law. With the passing of the Human Rights Act of 1998 and the interpretation of basic rights and freedoms coverage in conjunction with the European Convention on Human Rights, there may be debates on the issues. Before the said law, no written law in the United Kingdom enumerated basic human rights and fundamental freedoms. These key human concerns were embodied in the general common law. Then came the Convention where provisions on basic human rights and fundamental freedoms are clearly stipulated. In view of all these, arguments on the issue of reconciling the Human Rights Act and the Convention have abounded. For instance, in the case of Ghaidan v. Godin-Mendoza2, the Human Rights Act was put on the test. Ghaidan v Godin-Mendoza was about gays who lived together as couples. Under the applicable law on rental succession, gays who treat each other as conjugal partners are not considered as husband and wife. Upon judicial review, Article 14 of the Convention was invoked and the court found that the claim against discrimination on the basis of sex or other gender orientation for that matter was tenable. The calisthenics all about the variances will lead to resolve the perception that the convention has become inferior to the Human Rights Act. It is at this point that the importance of judicial review in administrative law becomes apparent. The first part of Section 3 of the Human Rights Act says that primary and subordinate legislations must be construed such that local laws are compatible with the rights listed in the Convention. The statutory provision has its rationale. As a signatory to the treaty, the UK must abide by the rules of the Convention. Hence, UK statutes are interpreted in a way that there is agreement with the Convention. The final portion of Section 3 is the meat of the problem. It states that it does not affect the validity and continuing operation of the incompatible primary law. Does this affect the strength of the Convention' The answer is in the negative. Current primary and subo

Business Improvement Essay Example | Topics and Well Written Essays - 2000 words

Business Improvement - Essay Example But, the era of globalisation and liberalization has resulted in fierce competition amongst the multinational companies has come to the rescue of the consumer. Now, MNCs emphasis is less on profit margins and more on sustainable growth. This resulted in making the independent sustainability of individual businesses little difficult. The era of network competition (Dechow, 2003) resulted into MNCs looking for local support, while individual businesses found an opportunity to sustain their business venture by working as supply chains for Multi-national enterprises. With growing emphasis on innovative marketing techniques in the network economy, competing as stand-alone entities becomes much more difficult for individual businesses. Functioning as supply chains to one or more MNEs, helps in better profit margins and long term survival of an individual business. This has led to a situation where the competition is not amongst individual firms, but as supply chains to larger business enti ties (Hammer, 2001 qtd by Dechow). In the IT era supply chain has acquired newer dimensions. Outsourcing is the new buzzword in the industry. While the debate is still on about the benefits or losses of outsourcing, the industry seems to have taken it in a big way. More and more banks, IT companies, PSUs and a range of industrial units from places like UK, USA, Germany etc are flocking towards Asian region with their requirement for software development, IT enabled services and call centre workforce. The outsourcing firms do not have a formidable identity of their own, but they are very crucial for an organization like, HSBC, Microsoft, IBM, Standard Chartered etc. While the MNEs are able to save millions of dollars through this arrangement, the supply chain companies too are earning good revenues within their own areas of operations. Such an arrangement proves to be a sound business strategy for long term survival. Quoting Thomas Koulopoulos, Burnell (2007) says; "Companies whose instincts have gone stale are like p atients with local anesthesia let free to wander the world. They are rational, coherent and aware of their predicament, yet numb. They can no longer sense the world around them." In order to leverage the economies of scale and remain competitive, companies are relying on the increasing role of supply chains. Therefore, companies are now supposed to adapt their supply chains efficiently in order to remain agile and competitive (Tolone, 2000). This helps in building strong relationships with customers and suppliers. With the growing trend towards leaner and meaner organisations, companies are now more focused towards their core competencies, while preferring to outsource all other activities. Swaminathan (2003) underlines the need for strategic management of the supply chain partners with increasing role of core competencies, elimination of geographical boundaries with ICT revolution and volatile nature of economies. For creating strategic advantages in the competitive landscape coordinated supply chains have now become an integral part of the business strategy. Companies are now coming out with solutions for managing the supply chain, for example IBM provides SCM solutions for its partners so that they can gain a window into inventory. This allows promoting, cross-selling, up-selling, replenishing, and closing out, the inventories on short notices1. Such solutions also help in sharp forecasting,

Holiday decision making Essay Example | Topics and Well Written Essays - 2500 words

Holiday decision making - Essay Example Background It is arguable that the largest intervening sub-sector in the decision-making process of consumers is family influence. Marketers exhibit interest in the relative influence and the roles that the wife, children, and husband have on how a large variety of services and products are purchased. A family tends to make joint decisions regarding its vacations and holidays. There has been a tendency for previous studies to focus on the making of decisions involving wife and husband, and spousal interpersonal conflict, instead of the family unit in entirety including children. Previous research conducted on holidays mentions a limitation in light of not considering what impact children can make on the decisions made by families, in addition to the great use they have in demographic segmentation. This is therefore an area of research that is particularly underexplored and requires some investigation. Research question What are the factors that influence a family’s decision ab out where to go on holiday, and what is the relative importance of these factors? Literature review Decision factor Individual family members regularly serve different decision roles that ultimately function to draw on shared family resources. Some of the individuals are information holders/gatherers, and see out information pertaining products that are of relevance to their family. Often, these individuals carry a great deal of power owing to the fact that they may ultimately pass on information that tends to favor the alternatives they have chosen. As such, influencers are one primal component that underpins the consumer decisions of the family regarding holiday decision making. It is not an ultimatum that influencers possess the power to make decisions between alternatives (Belch, Belch, & Ceresino 2005). They however make their wishes well known by requesting for specific products, or espousing embarrassing situations in the event that their demands are met. Decision makers poss ess the power of determining issues such as: Whether to purchase What product to purchase What brand to purchase When to purchase; and Where to purchase it It is however worth noting that the roles of the decision maker and the purchaser are separate. From the marketer’s point of view, this tends to introduce some problems in that the purchaser may be targeted by marketing efforts allied to the point of purchase (POP), which cannot be directed at the decision maker. It is also imperative to note that there might be a blurred distinction between the purchaser and the decision-maker: The decision maker can possibly specify the kind of product to purchase, but not the brand; There may be need for the purchaser to make a substitution in the event that the desired brand is out of stock; The purchaser might possibly disregard instructions (deliberately or by error). It is worth noting that decisions made by families are in most instances subject to a lot of conflict. The incumbent reality is that very few families possess sufficient wealth to avert strong tension between the demands pegged on a family’s resources. There is high likelihood of conflicting pressure in families that have children, or/and in the event that it is only one spouse who works outside the home (Chavda,, Haley, & Dunn 2005.). Most of the decisions are inherently associated with values, and an objective way of

Online social entrepreneurship Essay Example | Topics and Well Written Essays - 500 words

Online social entrepreneurship - Essay Example Eden project currently employs 650 people and offers 300 people the opportunity to volunteer for them. The Eden project works as a social enterprise as all the profits made are re-invested back into the project. The project itself works on behalf of a trust by Eden Project Limited; this trust is a wholly owned subsidiary of the Eden trust. The Eden project is also a registered charity in the UK (number 1093070). The largest funds which helped built the project came through The Millennium Commission which raised over  £56 million adding on the EU and Southwest Regional Development Agency also raised approximately  £50 million between them. In the financial year 2012-2013 notable companies like Rio Tinto, MasterCard and EDF Energy helped donate funds that financed the Edens projects short-term and long-term costs. The project has helped build the local economy by contributing over  £1 Billion since 2001. The overall cost of building the Eden project is  £140 million. After a lot of consideration as a group we decided to work on the Eden Project mainly because most of us had an interest towards the environment and had prior knowledge about different species of plants. We also believed the Eden project was very relevant towards us as the Eden project mainly targets students that want to explore and learn about the environment. Nowadays, social entrepreneurship is becoming more popular. As a matter of fact, many theories have been written about social entrepreneurship and its shared values. Even though there is a wide selection of literature concerning these theories, the aim of this review will be focusing on three areas that appear often in the literature reviewed. The first area will be the nature of social entrepreneurship, then the online part of the social entrepreneurship and the enhancement of the social value throughout different frameworks. However, the literature reviewed

It's a personal statement for graduate school major in education

It's a for graduate school major in education counslor - Personal Statement Example In light of this, I discovered that counseling was one of the indispensible roles in the learning journey for students. Given that I have bilingual and diverse culture background, I devote my life to assist those with similar challenges. I Lu Chen was born in China more than twenty years ago before moving to the United States at the age of 16. Being the first to join college in my family, I am among the first generation immigrants who are fluent in English and Mandarin, in both speech and writing. My long time objective is to be at the top in the field of counseling. This dream will be accomplished once I pursue a Masters of Arts degree in Education with specifications of Counseling and Student Personnel. I am always enthusiastic about working hard in order to make my dream come true. In this regard, I have to make certain that I utilize every distinct opportunity that comes my way, particularly in services that are attached to the San Jose State University. I have completed my first degree of Bachelor’s of Arts, a specialization in Child and Adolescent development in this University. My past academic life has intensively prepared me for a long time profession as a counselor. First, I have an interest in communicating, caring and solving challenges that affect the children especially those that have special needs. Moreover, my capacity to work with different people has made it possible for me to value and fulfill their diverse demands. I am in a position to assist children set up their schedule in a rational way by ensuring that they are able to have time for physical exercises after having their lessons. Likewise, I assist and participate with them in extracurricular activities such as MPM and Chess. On the other hand, through conferences held for parents, I am able to communicate with parents and express my opinions concerning their children in a respectful approach. My enthusiastic venture into

Restaurant Ethnography Essay Example | Topics and Well Written Essays - 500 words

Restaurant Ethnography - Essay Example I decided to observe the behavior of the employees (waitresses, cashiers, chefs among others) thereby focusing on the importance of good behavior and customer relation in creating customer loyalty. Context: Cottage Inn is a medium restaurant that serves the daily food needs of the habitats of Chester’s Mill. It is located at the heart of the town, directly opposite Walmart Mall and besides Shell gas station. The restaurant serves various types of foods such as snacks, entrees and beverages, which are drafted in a stylish menu. Upon entry, there is a buffet service on the first right turn. I observed waiters standing behind big silver dishes awaiting to serve the customers. On the left, is a classy burrito bar which contains all the necessary items that are needed to make a sandwich or a Mexican burrito. Opposite the burrito bar is a brand new machine which is used to produce blended juice. Besides, this restaurant has also adequate space that allows the customers to relax and have a clear view of the outside while dinning. The dining room, a huge room decorated with golden curtains and expensive furniture, is located on the first floor of the building. Leather couches are arranged all-round the dining room with large television sets positioned exactly opposite each couch, I carried out my observations seated on the middle couch since I could observe almost everything from that point. This observations spanned over a period half an hour. First, I noted that there were different jobs assigned to different employees who were expected to carry them out. There were a couple of workers including five chefs on the main kitchen, six cleaners (three downstairs and three upstairs), two ushers, one burrito bar attendant, one milk and beverage server and four to five dish washers. These workers were all cladded uniformly. They wore white head wears, black pants and a white apron. They all looked neat apart from one whose shirt had been spilt over by soup.

Organizational Learning and Development - Research report on Essay

Organizational Learning and Development - Research report on CREATIVITY and INNOVATION in an organization - Essay Example A team headed by an HR executive hired for the purpose made a survey on the input and output rendered in the system. To the surprise of all, the team arrived at a finding that the level of creativity before computerisation was relatively high. The fall in creativity lead to nil innovation albeit scores of channels were available to finish the job in no time. The team sample picked a section comprising about thirty employees who gave relatively greater output during the regime of their manual working pattern. The team found that the employees who were new to the use of computers in their work field were over loaded with technical bottle-necks, which they were forced to get redressed with the help of computer engineer on visit to the firm only on call. The types of fall in creativity and the cause were analysed and arrived at a point that the administration in its stubborn ambition of modernisation by computerisation paid very little heed to the human resource and related innovative possibilities. Compulsion to give their output only through computers – hitherto unacquainted -- had formed a sort of psychic inhibition in the minds of the employees, a chunk of who were even mentally forced to quit the job. The team empirically permitted a couple of the employees who were giving much yield in their pre-computer era to have a manual back up and condoned the delay for such additional load of work. In addition they were afforded incentives even for paltry improvements in their technical operations. Over a spell of 90 days the two employees began to excel in computer operations and were willing to work only with computers bidding a bye to traditional type of manual work. Thus freedom in their realm of activities and rewards made employees to come up with a flood of new ideas. Imparting training in the field clubbed with freedom certainly improved the level of creativity and innovation. Creativity although is universally accepted as a needful and useful

International Trade Theories Essay Example for Free

International Trade Theories Essay 1. Theory of Mercantilism Introduction: Mercantilism is a trade theory holing that a country’s wealth is measured by its holdings of â€Å"treasure† which usually means its gold. The mercantilists proposed theory of mercantilism. They were a group of economists who preceded Adam Smith. The foundations of economic thought between 1500 and 1800 were based on mercantilism. Mercantilists believed that the world had a finite store of wealth; therefore, when one country got more, other countries had less. Mercantilists restricted imports and encouraged or subsidized exports as a conscious policy to make their citizens better off. Mercantilists judged the success of trade by the size of the trade balance. Mercantilism was a sixteenth-century economic philosophy that maintained that a country’s wealth was measured by its holdings of gold and silver. This required that the countries to maximize exports and minimize imports. The logic was transparent to sixteenth-century policy makers that if foreigners bought more goods from us than we bought from them, then the foreigners had to pay us the difference in gold and silver, enabling us to amass more treasure. With that treasure we could expand the nation’s global influence. Mercantilists pressed for favorable balance of trade (BOT) or balance of payments (BOP) as against the unfavorable one. In a way it is good because your currency appreciates with mounting surplus on the Fore front, and the country can attract more foreign capital infusion further strengthening the country’s economy, infrastructure, etc. Now China and Japan with enormous favorable BOT and BOP get all the benefits envisaged by mercantilists. According To Adam Smith- -Mercantilism is an economic theory popular in the 1500s and was the biggest reason for Europe’s desire to colonize new lands the theory states that there is a certain amount of wealth in the world and it is in a nations best interest to accumulate it through wealth, a nation can achieve power a country achieves wealth through producing and exporting more good then they import this theory was invented to serve the interest of the empire, not the colony Evaluation of Mercantilism Theory: Mercantilist writers have been lauded and criticized in the literature on foreign trade at least since Hume’s Political Discourses in 1752. Mercantilists have been criticized for everything from their views regarding the gains from trade to their self-promotion of the merchant’s role in society as being important. Mercantilist writers assumed that the economy will generally operate at a pace that leaves resources –land and labor – idle, but in reality the economy naturally tends to full employment. This is a â€Å"flaw† in the logical foundation of mercantilist thought. The regime of WTO has moved the world away from mercantilism by pressing for free trade with reduced protectionism. Theory of Neo-Mercantilism: Mercantilism is still in vogue. Mercantilist policies are politically attractive to some firms and their workers, as mercantilism benefits certain members of society. Modern supporters of these policies are known as neo-mercantilists, or protectionists. The neo-mercantilists want higher production through full employment and that every industry produces an exportable surplus leading to favorable BOT. Consciously or otherwise, every country is concerned about increasing export earnings. The merits of surging Fore surplus built through exports speaks well of a country’s capability to cater to world’s needs qualitatively, quantitatively and in varied product/service ranges. Every country does what is possible to meet this end. But the modern trade emphasis is ‘Export more and Import more’. Finally: The main economic system used during the sixteenth to eighteenth centuries. The main goal was to increase a nations wealth by imposing government regulation concerning all of the nations commercial interests. It was believed that national strength could be maximized by limiting imports via tariffs and maximizing exports. This approach assumes the wealth of a nation depends primarily on the possession of precious metals such as gold and silver. This type of system cannot be maintained forever, because the global economy would become stagnant if every country wanted to export and no one wanted to import. After a period of time, many people began to revolt against the idea of mercantilism and stressed the need for free trade. Mercantilism is a theory developed by the merchants; hence the name. It rests on the role of a strong state in supporting (state-granted) monopolies and protecting shipping and trading lanes. Mercantilism encourages exports and discourages imports. Gold and silver are used to keep score of the game played between nation-states, and represent the wealth of the nation. _______________________________________________________________ 2. Absolute Advantage theory Introduction: Adam Smith, in The Wealth of Nations, postulated that under free trade, each nation should specialize in producing those goods that it could produce most efficiently. Some of these would be exported to pay for the imports of goods that could be produced more efficiently elsewhere. Smith ridiculed the fear of trade comparing nations to households. Since every household finds it worthwhile to produce only some of its needs and to buy others with products it can seal, the same should apply to nations: It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy. The Taylor does not attempt to make his own shoes, but buys them from shoemaker What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with some part of the product of our own industry, employed in a way in which we have some advantage. The theory of absolute advantage is based on the assumption that the nation is absolutely better (i.e., more efficient) at production of certain goods than are its trading partners. Smith showed by his example of absolute advantage that both nations would gain from trade. ADAM SMITHS TRADE THEORY OF ABSOLUTE ADVANTAGE: The first classical theory of international trade was propounded by Adam Smith, the founder of classical economics. His theory is known as the Theory of Absolute Advantage. It may be possible for all the countries to produce all the commodities they need, in spite of resource constraint. But, the cost of production of goods for which a country is deficient in its resources would be exorbitantly high. It is better to import such goods rather than produce them. Most Countries therefore tend to specialize in producing commodities in which they have absolute advantage in cost of production. Therefore, most countries export goods which they can produce at a lower cost and import what they can produce at a higher cost. This common sense logic of international division of labor suggested by Adam Smith marks the beginning of modern theories of foreign trade. The theory of absolute advantage states that the basis of trade between the nations is the absolute advantage a country has in producing a commodity over the other countries. In simple words, two countries are able to trade between them because each one of them is able to produce at least one commodity at a comparatively lower cost. Assumptions: The theory of absolute advantage was advanced to buttress Smiths argument that if there was no government involvement in trade, and if each individual was left to do what in his or her own best interest, then there would be more goods and services available, prices would be reduced, and the wealth of each nation, measured as the welfare of the citizens, would increase. Smiths theory was offered to replace mercantilism. The Theory of Absolute Advantage and the Theory of Comparative Advantage rest on very strong assumptions, as follows: Two countries, two commodities assumed in both theories. The theories are obvious for this case. The three-by-three case (and those beyond) cannot be established analytically, and it is not even clear how the principle should be formalized. (See p. 3 of Ronald Jones, The Positive Theory of International Trade, Handbook of International Economics, R. Jones and P. Kenen (eds.), 1984.) Efficiency objective The Absolute and Comparative Advantage theories assume that total world production, and therefore efficiency, is the objective. Efficiency is not always a country goal. Zero Transportation Costs both theories presume that transportation costs between and within countries are zero. Factor Mobility/Immobility both theories presume that resources are absolutely mobile within a country and absolutely immobile between countries. Full employment Both theories assume full employment in each country. Comparative Advantage versus Absolute Advantage: As we can see from the example above, a country can have a comparative advantage in producing a good even if it is absolutely less efficient at producing that good. To understand this more clearly, think of an example of a doctor in private practice: A young doctor opens her own practice, working by herself, and within a few months has developed a substantial clientele. At first, she was performing all her clerical work—filing, typing and answering the phone—by herself. With an ever-busier schedule, however, she realizes that she could spend more time seeing patients, and thus see a greater number of patients, if she hired an assistant. As it turns out, the young professional is not only a brilliant doctor, but is also lightning-fast at typing and filing. She is, in fact, better at doing both jobs than the clerical assistant she hires. In other words, she has an absolute advantage at both tasks: medical diagnosis and clerical work. Does it make sense then for the doctor and her assistant to share both tasks, each spending part of the day diagnosing patients and doing clerical work? The answer is no. By having the assistant perform all the clerical work, the doctor is able to maximize her specialization and see more patients. The patients are undoubtedly better off too. In other words, even though the assistant is worse at performing both tasks, an economist would say that he nonetheless has a comparative advantage at clerical work. As you can see, by working together – trading their services – the doctor and the assistant are able to maximize their skills, making both better off. As these examples show, trade allows countries to specialize in the production of what they do best and make the most efficient use of their resources, thereby decreasing the price of both goods. No matter how inefficiently a country produces every kind of good, it can always be said to have a comparative advantage in at least one of those goods. That is the theory of comparative and absolute advantage. It helps explain what happens in the real world of international trade, and it offers broad guidance to countries as they decide which goods and services to produce and subsequently export, and which, in turn, to import. Trade in Theory and Practice: In reality, of course, trade specialization does not work precisely the way the theory of comparative advantage might suggest, for a number of reasons: No country specializes exclusively in the production and export of a single product or service. All countries produce at least some goods and services that other countries can produce more efficiently. A lower income country might, in theory, be able to produce a particular product more efficiently than the United States can but still not be able to identify American buyers or transport the item cheaply to the United States. As a result, U.S. firms continue to manufacture the product. Finally: The Scottish economist Adam Smith developed the trade theory of absolute advantage in 1776. A country that has an absolute advantage produces greater output of a good or service than other countries using the same amount of resources. Smith stated that tariffs and quotas should not restrict international trade; it should be allowed to flow according to market forces. Contrary to mercantilism Smith argued that a country should concentrate on production of goods in which it holds an absolute advantage. No country would then need to produce all the goods it consumed. The theory of absolute advantage destroys the mercantilist idea that international trade is a zero-sum game. 3. Comparative Advantage theory Introduction: David Ricardo, in 1817, enunciated his refinement of Smiths concept by postulating the principle of comparative advantage (as opposed to Smiths concept of absolute advantage). The theory of comparative advantage states that even if a country is able to produce all its good at lower costs than another country can, trade still benefits both countries, based on comparative costs. His writings demonstrated what has become known as: the principle of comparative advantage: a nation, like a person, gains from the trade by exporting the goods or services in which it has its greatest comparative advantage in productivity and importing those in which it has the least comparative advantage. The key word is comparative, meaning relative and not necessarily absolute. There are gains from trade whenever the relative price ratios of two goods differ under international exchange for what would be under conditions of no trade. In addition, the theory of comparative advantage demonstrates that countries jointly benefit from trade (under the assumption of both goods). With the theory of absolute advantage, Ricardos theory of comparative advantage does not answer why production cost differ within each country and also no consideration is given to the possibility of producing the same goods with different combinations of factors. Assumption: A situation in which a country, individual, company or region can produce a good at a lower opportunity cost than a competitor. This theory that global efficiency gains may still result from trade if a country specializes in those products it can produce more efficiently than other products-regardless of whether other countries can produce those same products even more efficiently. It denotes gains from trade will occur even in a country that has absolute advantage in all products because the country must give up less efficient output to produce more efficient output. Assumptions underlying the concept of comparative advantage Perfect occupational mobility of factors of production resources used in one industry can be switched into another without any loss of efficiency Constant returns to scale (i.e. doubling the inputs in each country leads to a doubling of total output) No externalities arising from production and/or consumption Transportation costs are ignored comparative advantage and international trade: Comparative advantage exists when a country has a margin of superiority in the production of a good or service i.e. where the opportunity cost of production is lower. The basic theory of comparative advantage was developed by David Ricardo Ricardo’s theory of comparative advantage was further developed by Heckscher, Ohlin and Samuelson who argued that countries have different factor endowments of labor, land and capital inputs. Countries will specialize in and export those products which use intensively the factors of production which they are most endowed. If each country specializes in those goods and services where they have an advantage, then total output and economic welfare can be increased (under certain assumptions). This is true even if one nation has an absolute advantage over another country. Worked example of comparative advantage consider the data in the following table: | Pre-Specialization | CD Players | Personal Computers | | UK | 2,000 | 500 | | Japan | 4,000 | 2,000 | | Total Output | 6,000 | 2,500 | After trade has taken place, total output of goods available to consumers in both countries has grown. UKs consumption of CD players has increased by 200 and they have an extra 100 PCs. For Japan, they have an extra 200 CD players and 200 PCs. If businesses exploit increasing returns to scale (i.e. economies of scale) when they specialize, the potential gains from trade are much greater. The idea that specialization should lead to increasing returns is associated with economists such as Paul Romer and Paul Ormerod Determinants regarding comparative advantage: Comparative advantage is a dynamic concept. It can and does change over time. Some businesses find they have enjoyed a comparative advantage in one product for several years only to face increasing competition as rival producers from other countries enter their markets. For a country, the following factors are important in determining the relative costs of production: The quantity and quality of factors of production available (e.g. the size and efficiency of the available labor force and the productivity of the existing stock of capital inputs). If an economy can improve the quality of its labor force and increase the stock of capital available it can expand the productive potential in industries in which it has an advantage. Investment in research development (important in industries where patents give some firms significant market advantage) for more information on this have a look at this page Movements in the exchange rate. An appreciation of the exchange rate can cause exports from a country to increase in price. This makes them less competitive in international markets. Long-term rates of inflation compared to other countries. For example if average inflation in Country X is 4% whilst in Country B it is 8% over a number of years, the goods and services produced by Country X will become relatively more expensive over time. This worsens their competitiveness and causes a switch in comparative advantage. Import controls such as tariffs and quotas that can be used to create an artificial comparative advantage for a countrys domestic producers- although most countries agree to abide by international trade agreements. Non-price competitiveness of producers (e.g. product design, reliability, quality of after-sales support) Criticisms: However, the principle of comparative advantage can be criticized in a several ways: †¢ It may overstate the benefits of specialization by ignoring a number of costs. These costs include transport costs and any external costs associated with trade, such as air and sea pollution. †¢ The theory also assumes perfect mobility of factors without any diminishing returns. The reality may be very different. Output from factor inputs is likely to be subject to diminishing returns. This will make the PPF for each country non-linear and bowed outwards. †¢ Complete specialization might create structural unemployment as some workers cannot transfer from one sector to another. †¢ Relative prices and exchange rates are not taken into account in the simple theory of comparative advantage. For example if the price of X rises relative to Y, the benefit of increasing output of X increases. †¢ Comparative advantage is not a static concept it may change over time. For example, nonrenewable resources can slowly run out, increasing the costs of production, and reducing the gains from trade. †¢ Many countries strive for food security, meaning that even if they should specialise in non-food products, they still prefer to keep a minimum level of food production. †¢ Finally, the principle of comparative advantage is derived from a simple two good/two country model. The real world is far more complex, with countries exporting and importing many different goods and services. Finally: It seems obvious that if one country is better at producing one good and another country is better at producing a different good (assuming both countries demand both goods) that they should trade. What happens if one country is better at producing both goods? Should the two countries still trade? This question brings into play the theory of comparative advantage and opportunity costs. The everyday choices that we make are, without exception, made at the expense of pursuing one or several other choices. When you decide what to wear, what to eat for dinner, or what to do on Saturday night, you are making a choice that denies you the opportunity to explore other options. ______________________________________________________________ 4. Heckscher-Ohlin theory Introduction: the Heckscher–Ohlin theorem is one of the four critical theorems of the Heckscher–Ohlin model. It states that a country will export goods that use its abundant factors intensively, and import goods that use its scarce factors intensively. In the two-factor case, it states: A capital-abundant country will export the capital-intensive good, while the labor-abundant country will export the labor-intensive good. Definition: This theory said that differences in countries’ endowment of labor compared to their endowment of land or capital explain differences in the cost of production factors. Assumption: The critical assumption of the Heckscher–Ohlin model is that the two countries are identical, except for the difference in resource endowments. This also implies that the aggregate preferences are the same. The relative abundance in capital will cause the capital-abundant country to produce the capital-intensive good cheaper than the labor-abundant country and vice versa. Initially, when the countries are not trading: the price of capital-intensive good in capital-abundant country will be bid down relative to the price of the good in the other country, the price of labor-intensive good in labor-abundant country will be bid down relative to the price of the good in the other country.Once trade is allowed, profit-seeking firms will move their products to the markets that have (temporary) higher price. As a result: the capital-abundant country will export the capital-intensive good, the labor-abundant country will export the labor-intensive good. Features of the model: †¢ Relative endowments of the factors of production (land, labor, and capital) determine a countrys comparative advantage. Countries have comparative advantages in those goods for which the required factors of production are relatively abundant locally. This is because the profitability of goods is determined by input costs. Goods that require inputs that are locally abundant will be cheaper to produce than those goods that require inputs that are locally scarce. †¢ For example, a country where capital and land are abundant but labor is scarce will have comparative advantage in goods that require lots of capital and land, but little labor — grains. If capital and land are abundant, their prices will be low. As they are the main factors used in the production of grain, the price of grain will also be low—and thus attractive for both local consumption and export. Labor intensive goods on the other hand will be very expensive to produce since labor is scarce and its price is high. Therefore, the country is better off importing those goods. Factor Proportions Theory: Trade theory, like all of economic theory, changed drastically in the first half of the twentieth century. The factor proportions theory developed by the Swedish economist Eli Heckscher and later expanded by his former graduate student Bertil Ohlin formed the major theory of international trade that is widely is still widely accepted today. Whereas Smith and Ricardo emphasized a labor theory of value the factor proportions theory was based on a more modern concept of production that raised capital to the same level of importance as labor. Factor Intensity in Production: The factor intensity in production theory considered two factor of production, labor and capital. Technology determines the way they combine to form a product. Different products required different proportions of the two factors of production. It is easy to see how the factor proportions of how a product is produced differs substantially among groups of products. For the manufacturing of leather footwear is still a relatively labor intensive process even with the most sophisticated leather treatment and patterning machinery. Other products such as computer memory chips, however although requiring some highly skilled labor require massive quantities of capital for production and development and the manufacturing facilities needed for clean production to ensure the extremely high quality demanded in the industry. The concept of factor proportions is very useful in the comparison of the production processes of goods. According to factor proportions theory, factor intensities depend on the state of technology and the current method of manufacturing a product. The theory assumed that the same technology of production would be used for the same goods in all countries. It is not therefore differences in the efficiency of production that will determine trade between countries at it did in classical theory. Classical theory implicitly assumed that technology or the productivity of labor is different across countries. Otherwise there would be no logical explanation as to why one country requires more units of labor to produce a unit of output than another country. Factor proportions theory assumed no such productivity differences. Factor Endowments, Factor Prices, And Comparative Advantage: If there is no difference in technology or productivity of factors across countries, what then determines comparative advantage in production and export? The answer is that factor prices determine cost differences. And these prices are determined by the endowments of labor and capital the country possesses. The theory assumes that labor and capital are immobile, meaning they cannot move across country borders. Therefore the countrys endowment determines the relative costs of labor and capital as compared to other countries. Each country is defined or measured by the amount of labor and capital that it possesses. If a country has when compared with other countries more labor and less capital it would be characterized as relatively labor abundant. That which is more plentiful is cheaper; so a labor abundant country would therefore have relatively cheap labor. For a country such as China possesses a relatively large endowment of labor and a relatively smaller endowment of capital. At the same time Japan is a relatively capital abundant country with a relatively smaller endowment of labor. China possesses relatively cheaper labor and should therefore specialize in the production and export of labor intensive products. Japan possesses relatively cheap capital and should specialize in the production and export of capital intensive products. Comparative advantage is derived not from the productivity of a country, but from the relative abundance of its factors of production. Using these assumptions, factor proportions theory stated that a country should specialize in the production and export of those product that use intensively its relatively abundant factor. (i) A country that is relatively labor abundant should specialize in the production of relatively labor intensive goods. It should then export these labor intensive goods in exchange for capital intensive goods. (ii) A country that is relatively capital abundant should specialized in the production of relatively capital intensive goods. It should then export these capital intensive goods in exchange for labor intensive goods. Finally: The Heckscher-Ohlin theory states that international and interregional differences in production costs occur because of differences in the supply of production factors: Commodities requiring for their production much of [abundant factors of production] and little of [scarce factors] are exported in exchange for goods that call for factors in the opposite proportions. Thus indirectly, factors in abundant supply are exported and factors in scanty supply are imported (Ohlin, 1933).These simple statements lead to an important conclusion: under free trade, countries export the products that use their scarce factors intensively and imports the products using their scarce factors intensively.

Jane Eyre Childhood

Jane Eyre Childhood Jane Eyres childhood is a reflection of the Victorian era, children were to come across as innocent, virtuous and ignorant of intellectual opinion. However Janes early years lacked normal experiences primarily love necessary when growing up, resulting in a solitary and suffering child. Charlotte Brontё focuses on the feelings of hurt during Janes childhood in the first 10 chapters as she ventures from Gateshead and into the unknown fighting for a better future. Chap 1: From the beginning the audience has an insight to the emotions of the protagonist in the weather the cold winter wind had brought with it clouds sombre and a rain so penetrating that further outdoor exercise was now out of the question. This use of pathetic fallacy reflects her thoughts creating a sense of relief from the outcome of escaping the burden of her cousins. Her gratitude of the bad weather illustrates revulsion towards her cousins and the relationship they have. Nature imitates Janes life as a soulless black hole empty and miserable, ceaseless rain, similar to the cold and unwelcoming Reed family she must live with. In conjunction Ms Reed and Jane quarrel, pathetic fallacy impacts on the situation wind howling in the grove shows her fear of the Red Room and the prospects to come. This effect is a subtle hint for the future providing the reader with a vague forecast of the emotions unknown to Jane and the rest of the characters in the novel. During her time at Gateshead her position as a prisoner becomes more pronounced silver-white foliage veiling the panes as left room to look out enclosed and trapped in her suffering instead of being a respected and loved member of the family. From an early age Jane has acknowledged her physical inferiority to Eliza, John, and Georgiana Reed encouraged by Mrs Reed who resents her presence. The different classes are apparent by the different qualities they hold such as power, authority and wealth classing Jane at the bottom of the system. Along with this the Reed family exclude her from their daily lives, clustered round their mama illustrates their close and loving relationship as a family. In addition they are gathered around the fireside symbolising warmth and love among them although looks can be deceptive, looked perfectly happy is how the Reeds want to be perceived from afar. But in reality Mrs. Reed is a rich, pretentious and condescending woman, and her children are spoiled, cruel and rude. Bronte emphasizes Janes loneliness and lack of familial affection as a child helping the reader to understand how Jane progresses through her early years bounding on from strength to strength. Jane seeks happiness in books that are beyond her understanding yet the pictures capture her in a fairytale far from reality. This is a form of escapism for Jane protecting, but not separating me from the misery that is her life. Although she is engaged in another world it doesnt make her oblivious to what is going on in reality proving she has an inquisitive and curious nature later supported by other situations. The only form of happiness she has encountered is with books, and she feared nothing but interruption showing the simplicity of her happiness. She is dependent on the heartless Reed family but never on an equal level with her relatives. Jane detests being in the company of her cousins, I trembled at the idea of being dragged forth but John soon reminds her that you have no business to take our books, you are a dependent and a second class citizen again reinforcing the status superiority he has. John takes advantage of his position in the hierarchy system to mentally reinfor ce to Jane, that she is indebted to them and so has no right to intervene with their property. Throughout Charlotte Bronte emphasizes Janes sensitive nature and inner strength but she also displays courage and a sense of justice in her defense against John, Wicked and cruel boy!, You are like a murderer- you are like a slave- driver- you are like the Roman emperors!. She rebels against him for the first time and attacks him, giving the reader more insight to her thinking and her knowledge of the Roman emperors excels what a typical 10 year old would know. Her defiant nature and apparent strong-willed determination expresses her true opinions and emotions but by the end there is no one to support her and so John blames Jane for the fight, reflecting the isolation and loneliness of Janes life. Mrs Reed becomes oblivious to Johns violent nature, to the contrary she encourages her children to treat Jane as an outsider and takes every opportunity to neglect and punish her Jane moves to Lowood she hopes her previous problems with equality and justice are alleviated although Chapter 9: Irony is a prominent feature during the start of spring at Lowood, whilst greenness grew and sweeter flowers opening Jane was beginning to see hope for her future, although reference to death skeletons give the reader a clue of the near future. This subtle change of direction is an unexpected turning for the worst as Jane is beginning to feel freedom for the first time, snows were melted relate to her escape of imprisonment from being stiffened in frost to the less regimental life she now leads. As a result Jane has begun to realise there is life outside Lowood that consists of pleasure and enjoyment. The strong emotional language she uses show her happiness with such simplicity and enliven her of prospects to come. The start of spring means new life and a glimmer of hope for Jane conveyed through the use of pathetic fallacy golden-eyed pansies as greenness grew presenting a positive and fresh outcome for her, a clear contrast with her previous years at Lowood where she was shrouded with snow imprisoned by the strict rules and regulations enforced upon her. This effect can also account for her future, nature is at its epitome and Jane will soon escape from a terminating illness transmitted around Lowood. This devastation will end many of the students lives but the long-term benefits will provide Jane with what she has always wanted as a result of overcoming this diversion.