Political Economy Essay -- Mass Media News Mediated Messages

Political Economy   Ã‚  Ã‚  Ã‚  Ã‚  Our society is strongly influenced by all sources of media. The media shows us what is going on in the world news, fashion and much more. The media is our connection to the world and what goes on all around us. The political economy approach looks at the influence that ownership control, advertising and audience spending has over the mass media and the mediated messages we receive on a daily basis.   Ã‚  Ã‚  Ã‚  Ã‚   Political economy believes that everything about media products is created through structural features (ownership, advertising and audience spending). The industries and businesses that the media works for and out of are organized through the economic and political factors of our economy. Political economy stresses that private ownership has a major influence on the content and structure of the media.   Ã‚  Ã‚  Ã‚  Ã‚  There are three viewpoints on ownership control Kevin Williams discusses in Understanding Media Theory. First, Marxist political economy believes that there is a direct link between ownership and control. An owner determines who, what facts and what ideas the public actually sees. Second, Structuralists say it is impossible to have a direct relationship between ownership and control. Structuralists believe that an owner is not physically able to keep up with the operations of mediated messages made on a daily basis. There are too many messages made for an owner to look over and ok before production. Instead Structuralists believe to have alloc...

A Sustainable Competitive Advantage Essay

Operations Management is a key component in the success of any ï ¬ rm. The textbook  outlines ten critical areas to focus on for Operational Managers–many ï ¬ rms have developed these one or two of these areas into a competitive advantage. One ï ¬ rm, Anhueser-Busch/InBev has successfully incorporated all ten areas of focus and developed them into a legacy of quality and a sustainable competitive advantage. This focus on Operations Managemnt has lead to Ab/ InBev’s reputation for quality, and their continued dominance as a global brewery. Design of Goods The design of goods/services deï ¬ nes a ï ¬ rm, and sets them up for success (or failure) in  the market. In order to design a superior product, ï ¬ rms must ï ¬ rst understand their customer— what their needs and requirements are. Anheuser-Busch/InBev has focused on developing a diverse portfolio of global brands to satisfy a myriad of customer needs; a few of their more recently-developed beers are actually based on customer suggestions and recipes. The AB/ InBev portfolio ranges from low-cost products such as Busch (which focuses on a costleadership strategy), while domestic brands such as Budweiser and Bud Light are a force to be reckoned with in the North American markets. Other brands such as Hoeegarden and Leffe appeal to craft beer consumers as well as global markets (a differentiation strategy). By customizing products to various consumer tastes, they are able to obtain greater market share worldwide. AB/InBev’s original beer, Budweiser, was developed in the 1800s by the company’s  founder, Adolphus Busch set out to create a beer that balanced ï ¬â€šavor and refreshment— something that everyone could enjoy. This understanding of customer needs, combined with a commitment to quality and consistency still exist in the company today, which contributes to the overall sustainability of the company. Managing Quality As mentioned above, AB/InBev makes sure to incorporate quality into their individual  products—by meticulously managing their supply chain, they are able to control the overall quality of input as well as their products. Their commitment to tradition is the basis for their commitment to quality; many of the ingredients they use while brewing today’s beer come from the same lineage as the ingredients Adolphus Busch used back in the 1800s. Since AB/InBev directly owns the farms where the hops, rice and barley are grown, by ensuring the quality of the ingredients, they ensure quality and consistency in each batch of beer. AB/InBev offers quality to consumers by offering an extensive line of products—they  improved on their Lime-o-Rita line by offering additional ï ¬â€šavors. There is manufacturing based quality in their products—each batch of Budweiser is brewed to the same standards as the last, thus ensuring that each individual bottle tastes as good as the last. Process and Capacity Design By maintaining a process-focused strategy, AB/InBev has created a sustainable  competitive advantage—their unique lineup of products all revolve around the same quality ingredients. Fewer inputs (hops, rice, barley, etc.) all distill down to a variety of quality products that AB/InBev uses to meet their customer demands. This high volume, low variety production method allows for the efï ¬ ciency needed to produce the mass quantities of product that AB/InBev demands. A simple visit to the AB/InBev brewery creates a clear picture of their commitment to the  product-focused strategy—their facilities are designed speciï ¬ cally to accommodate the variety of products they have created. This speciï ¬ city and simplicity lead to lower variable costs per unit, higher equipment utilization, and overall easier production planning. Although switching  production lines between products can be a bit of a hassle, the specialization of labor reduces lead time and setup costs for each production run. Location Strategy The main headquarters of AB/InBev are currently located in St. Louis, Missouri, where  they were originally established in the early 1800s. Although the merger between AnheuserBusch and InBev in 2008 could have easily meant that  headquarters would be relocated, moving production elsewhere would have been incredibly costly. Because of the company’s long-standing residence in the Midwest, many suppliers are also located in the Midwest. Relocating the brewery would have not only increased shipping/handling costs of the various inputs, but also the campus that AB/InBev currently occupies is now owned outright by the company—attempting to build a new production facility would have been a signiï ¬ cant outlay of capital. The brewery in St. Louis is certainly a well-known landmark within the city, but it is not  the only brewery that AB/InBev owns and operates. Because the demand for AB/InBev products is so widespread, the brewery operates 12 different brewing and bottling plants throughout the United States. These locations help ensure the freshness and overall quality of the product delivered to various markets nationwide, as well as help reduce the costs of moving product from manufacturer to distributer. Layout Strategy! Because AB/InBev offers almost 200 unique products, layout strategy is incredibly  important in keeping the company competitive—efï ¬ cient and effective use of space ensures that things continue to run smoothly. At the brewery in St. Louis, a couple of different layouts can be seen. Silos at the  entrance to the campus store the various ingredients needed to brew the beers, while outlying buildings double as ofï ¬ ce space and storage of other components (such as bottles, cans, labels, etc.). By using a warehousing/storage layout for certain items, things that are used most commonly during production are close by, thus saving on shipping and handling costs. The beer that is brewed in St. Louis is bottled on-site. The bottling lines follow a  product-oriented layout—for example, glass bottles for Bud Light are run through one set of lines, while cans of Bud Light are run through a separate set of lines.

The Human Mind And Act Of William Shakespeare s Macbeth

Alycia Tiberio Choice is often taken for granted in today s society. People are given the opportunity to make a choice, but is this choice an act of free will, or simply an act of fate and manipulation? In the play Macbeth, Shakespeare suggests that choices are a creation of the human mind and act as a way for people to feel as though they have control when they are ultimately ruled by fate. He accomplishes this by leading the audience through a series of choices that several characters make and how they eventually meet their fate, specifically Macbeth himself. Although other characters make choices that aid Macbeth in his destiny, Macbeth s Shakespeare shows the audience that no amount of force will cause change fate. As the play progresses, the audience watches Macbeth as he desperately tries to stay in control of his life and keep his power. His desperation causes Macbeth to believe that the only way for him to stay in control is to take fate into his own hands. When Macbeth becomes king he is somewhat pleased that the weird sister’s prophecy was correct, but he also begins to worry that Banquo’s prophecy will also come true. â€Å"To make then kings, the seed of Banquo kings! Rather than so, come fate into the list, and champion me to th’ utterance, (3.1.69-71).† This quote shows that Macbeth refuses to allow this fated ending to occur. He challenges fate and decides that the only way he can be guaranteed that all of his efforts will not be for the sons of Banquo is toShow MoreRelatedEnglish Feature article on Shakespears Macbeth with reference to both play and Polanskis adaptation. Title: Windows changed through time.1199 Words   |  5 Pageschanged through time. A way to see the world through different eyes... In late 1606 or early 1607, The last of Shakespeare s four great tragedies was written. Macbeth has been said by many to be Shakespeare s darkest work, A Reflection through Shakespeare s mind giving us a window into Elizabethan ways of politics, Human violence and Human nature. Quiet relevantly Shakespeare would never have guessed that over 400 years later the basic morals and characteristics that were used to shapeRead MoreWilliam Shakespeare s Macbeth 1363 Words   |  6 PagesMacbeth is without a doubt one of the most captivating plays, in my opinion written by William Shakespeare. Throughout this play there is definitely a numerous amount of things that can catch your attention, whether it is a trio of witches appearing, committing murder, or keeping secrets. However, what really catches my attention is the way Shakespeare uses language and unique style to create a distinct mood, and reveal characters’ inner thoughts. In the play Macbeth written by William ShakespeareRead MoreMacbeth Themes899 Words   |  4 Pages â€Å"What are the major themes in Macbeth† By Connor Maguire William Shakespeare’s Macbeth a play complete with many themes and viewpoints. The themes are exhibited by the main characters of the play, notably antagonist Macbeth. Themes seen in the play include ambition, where is is portrayed as both dangerous and unnatural. However, it does exist in both good and evil forms in the play. Another theme seen is whether Macbeths actions in the play are a result of fate, or free will. Although outsideRead MoreMacbeth Appearance Vs Reality1747 Words   |  7 Pageswriter, William Shakespeare may have an answer in his play, Macbeth. The way individuals follow-up (act) on the outside and who they truly are within might be two entirely unexpected things. Some may change since they feel they do not fit in while others put on a show to be someone they are not. Regardless of which way one looks at it, if an individual attempt to be someone he is not, his reality will eventually show up at last. This is precisely what occurs in William Shakespeare s play, Macbeth. ViaRead MoreWho Should You Trust?1543 Words   |  7 PagesTrust Issue in Macbeth â€Å"Fair is foul, and foul is fair. Hover through the fog and filthy air.† (Page 323). This line is one of the most important ones from Macbeth. Macbeth is one the most popular plays by William Shakespeare. Moss and Wilson state, â€Å"Some details of William Shakespeare s life are still shrouded in uncertainty. What is known is that he rose to prominence as a playwright in London toward the end of the sixteenth century and that he died on April 23, 1616. He wrote Macbeth sometime betweenRead MoreAmbition and Death - the Story of the Renaissance in Macbeth1189 Words   |  5 PagesRenaissance in Macbeth In the tragic drama Macbeth, written by William Shakespeare in 1606 during the English Renaissance, the hero, Macbeth, constantly declines in his level of morality until his death at the end of the play. Because of his change of character from good to evil, Macbeth s attitude towards other characters, specifically Duncan, Banquo, Lady Macbeth, and the witches, is significantly affected. In a larger sense, the theme of bad versus good kingship, embodied by Macbeth and DuncanRead MoreWilliam Shakespeare s Macbeth, Othello, And King Lear1479 Words   |  6 PagesWilliam Shakespeare s Macbeth, was the last of four great tragedies, including Hamlet, Othello, and King Lear, written during the Elizabethan Era. Herbert Courson states the play as, â€Å" â€Å"a powerful even for the mature Shakespeare. [which]... demands that we share its experience intensely, that we fell the strength of Macbeth’s thirst for kingship, the force of Lady Macbeth’s persuasions, the anguish of Macbeth’s struggle before the murder, and the impact of nature’s retribution after the murder†Read MoreEssay on Images, Imagery, Symbols, and Symbolism in Macbeth1723 Words   |  7 Pagesand Symbolism in Macbeth  Ã‚     Ã‚  Ã‚   With its eye-opening plot and interesting cast of characters, William Shakespeare’s play, Macbeth is one of the greatest works one could ever read. But, above all, the aspect of the play is most impressive and overwhelming with imagery and symbolism that Shakespeare so brilliantly uses. Throughout the play, the author depicts various types of imagery and symbolism instances that, eventually, lead to the downfall of the main character, Macbeth.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Read MoreEssay on The Pent-up Guilt in Macbeth1720 Words   |  7 PagesThe Pent-up Guilt in Macbeth      Ã‚  Ã‚   There is hardly any emotion in William Shakespeares tragedy Macbeth that outweighs that of guilt. Both Lady Macbeth and Macbeth are seriously compromised by the impact of this emotion.    Clark and Wright in their Introduction to The Complete Works of William Shakespeare explain how guilt impacts Lady Macbeth:    Having sustained her weaker husband, her own strength gives way; and in sleep, when her will cannot control her thoughts, she is piteouslyRead MoreBlood Imagery in Macbeth857 Words   |  4 PagesShakespeare is legendary for his uses of symbolism. No other example is as evident as the bloody hands of Macbeth and his obsession with them. Macbeth has killed King Duncan and doesn’t stop there, he kills the guards making Duncan’s sons flee. This gives Macbeth the throne. However he becomes overwhelmed with the guilt. Shakespeare uses blood to show how it reminds Macbeth of the violent acts he has committed and how he has become obsessed with the blood on his hands. Initially the blood represents

Poor National Integration in Pakistan, Causes , Effects ,...

Poor National Integration In Pakistan, Causes ,Effects ,Remedies. There is a crisis of national integration in Pakistan since its birth. It is the victim of poor national integration. Lack of integration in Pakistan is fundamental problem and it has been subjected to comment by intellectuals in the country. This has been hitting the head lines of the newspaper. Due to lack of national integration in the country, Pakistan has been pushed to a vicious circle. It has made Pakistan a sorry state of affairs, and a pivot of terrorists activities. That has deepened the state of instability and vulnerability to a total break down of state apparatus. This was not the case at first. This nation was the consequence of unity and integrity and its†¦show more content†¦Top of all, the EAST PAKISTAN had seceded from this Pakistan during the military government. Therefore, the concept of military regime became worse in the nation. The military government could not provide common bond of national integration between the farmer and the now Pakistan. In this wise, lack of judicial freedom had been allowed the military rule wholeheartedly. Various particular decisions had been done out of parliament. Bygone parliament reduced to only rubber stamp. It justified the military regime on the doctrine of necessity. On the sequel, law of jungle was prevailed. All of that has been inherited. Therefore, the word national integration has been thrown out of national dictionary. Furthermore, political instability has widened the gulf between the ruler and the ruled in Pakistan. It has confused the picture of Pakistan and made it retrogressive in all spheres. Political instability has challenged the national unity in the country. To conclude, water dispute has all along existed between the provinces. It has given a great bite and played a deuce with national integration. The provinces` pound objection on the construction of KALABAGH DAM has detracted the confidence to unity of the country. Moreover, the allegation of Sindh on Punjab for not abiding 1991 water accord has merely added a hurdle in the way of national integration. Similarly, dispute of NFC AWARD between inter provinces has givenShow MoreRelatedChild Labour in Pakistan8012 Words   |  33 PagesILO-IPEC Memorandum of Understanding on June 21,1994. ILO-IPEC Action Plan in Pakistan formalized activities against child labour and a concerted and coordinated effort by Governmental Organizations, Non-Governmental Organizations, Trade Unions, employers bodies and other organizations was initiated. Ground breaking work by ILO-IPEC in developing the strategies and models had an awareness and demonstration effect. A path has now been paved for a future comprehensive and integrated strategy andRead MoreJob Stress and Its Impact on Employee Performance18500 Words   |  74 Pagescertain targets, learn new procedures and attending meetings on time and have to be innovative. These all situations, at first hand, appear to be the essential part of any job but when we look closer at all these, they are nothing but stressors which cause hindrance to the performance thus causing damage to the productivity of the organization on the whole. All the good organizations take necessary care and exercise  extreme prudence and foresight  with regar d to job stress. So they, in their own largerRead MoreOverview of Hrm93778 Words   |  376 Pagesimportant thing you will get out of this course are the basic skills required to succeed in today’s environment which are, you must be able to communicate, think creatively, plan effectively and deal with people. Copyright  © Virtual University of Pakistan 1 Human Resource Management (MGT501) INTRODUCTION TO HRM After studying this chapter, students should be able to understand the following: Describe HRM? Explain why are we concerned about HRM? Discuss Road-map of HRM VU Lesson 1 LESSONRead MorePoverty in Thailand12606 Words   |  51 PagesERD Working Paper No. 8 POVERTY, GROWTH, AND INEQUALITY IN THAILAND Anil B. Deolalikar April 2002 Anil Deolalikar is Professor of Economics and of International Studies at the University of Washington. This paper stems from RETA 5923: Pro-poor Growth and Institutional Constraints to Poverty Reduction in DMCs. The views expressed in the paper are those of the author and do not necessarily reflect the view or policies of the Asian Development Bank. 21 ERD Working Paper No. 8 POVERTYRead MoreImpact of Globalization and Bangladesh18126 Words   |  73 PagesECONOMY A thesis presented to the Faculty of the U.S. Army Command and General Staff College in partial fulfillment of the requirements for the degree MASTER OF MILITARY ART AND SCIENCE Strategy by RAHMAN MD FAIZUR, MAJOR, BANGLADESH M.D.S., National University of Bangladesh, 2004 Fort Leavenworth, Kansas 2005 Approved for public release; distribution is unlimited. REPORT DOCUMENTATION PAGE Form Approved OMB No. 0704-0188 Public reporting burden for this collection of informationRead MoreArticle: Performance Appraisal and Performance Management35812 Words   |  144 Pages(BES), critical incident, and job simulation. 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The most commonly cited definitions are those provided by the World Health Organization (1980) in The International Classification of Impairments, Disabilities, and Handicaps: Impairment:   any loss or abnormalityRead MoreIndian Social Structure and Values Ethics in Business13564 Words   |  55 Pagesbetween form and substance of religion, (viii) a different Socio-psychological make-up for enjoying life. The present popular meaning of a tribe in India is a category of people, included in the list of the scheduled tribes : Tribal populations are poor, are relatively isolated and closed groups, forming homogeneous units of production and consumption. Being economically backward, they have been exploited by the non-tribals. After independence the policy of protection and development for the populationRead MoreFamily Tree19118 Words   |  77 Pagesand the uses of the most influential theories, strategies, and techniques. Theory refers to sets of concepts and propositions that articulate relations among variables to explain and predict situations and results. Theories explain the nature and causes of a given problem and provide guidelines for practical interventions. Diagnoses of problems translate into strategies, that is, specific courses of action for programmatic interventions that use a variety of techniques. Since the 1950s, a diversityRead MoreInternational Management67196 Words   |  269 PagesEducation iii This page intentionally left blank Preface C hanges in the global business environment continue unabated. The global financial crisis and economic recession have challenged some assumptions about globalization and economic integration, but they have also underscored the interconnected nature of global economies. Most countries and regions around the world are inextricably linked, yet profound differences in institutional and cultural environments persist. The challenges for international

Women s Rights Since The 1920s - 1343 Words

Women have been trying to assert their rights since the 1920s. Waging a war with men and society to not be dominant but to be equal. They wanted to have an equal wage and equal power. Feminisms was and still is a very real cause but the meaning of the word gets confused. It is for women to be treated like men are. It isn’t to get rid of men or become more dominant than men. It is a feared word but in the 70s women tried to achieve this idea of equality as they still do today. Annie Lennox, a songwriter and a philanthropist, once said, â€Å"We all fight over what the label feminism means but for me it s about empowerment. It s not about being more powerful than men - it s about having equal rights with protection, support, and justice. It s about very basic things. It s not a badge like a fashion item.† Fashion can reflect an era but what does that have to do with feminism? Many women used their fashion sense to prove a point that they were equal to men or that they wanted to break free of societies conforms. In the 70s women dressed and acted a certain way to show their feminist views in terms of the government and how they felt they should be able to live their life. Fashion in the 1970s was a big deal even though it has always been a big deal. Edith head said, â€Å"Fashion is a language. Some know it, some learn it, some never will - like an instinct†. People express them selves with music, movies, and clothes. There were many different styles that you could sayShow MoreRelatedFlappers Essay931 Words   |  4 PagesThe 1920s was a very special time for woman. Women started standing for up for themselves and making points to men that women can do just the same as them, and that women should be equal to men and have the same rights. That’s where flappers came from. Flappers were basically woman who stood out and did what they wanted. Womens rights were changed drastically because of flappers, now women are more equal to men. Flappers had a large impact on the American culture going from woman’s right, musicRead MoreThe Era Of Equality For Women1271 Words   |  6 PagesAnnie Zhou Mrs. Park English-11 22 April 2016 1920’s research— The Era of Equality for women The 1920s, known as â€Å"Roaring Twenties†, were an age of prosperity and changes, it’s one of the most special and colorful decade in the America history. Numerous exciting and unprecedented events happened during this decade, it was full of opportunity and remarkable people, the economic was blooming, new arts were formed and brand new ideas appeared, the national confliction emerged in large numbers, multipleRead More Iron Jawed Angels Essays546 Words   |  3 Pageswomens suffrage movement during the 1920s. The film is a documentary and a drama which uses live action and music to deliver the sympathetic and distressful mood the film creates. An example of the distressful mood is when the suffragists refuse to eat when they go to prison. This shows how passionate and distressed the suffragists are to get the 19th amendment passed, which would give women the right to vote. The films message, which is the hardships and adversity women had to withstand to get the 19 thRead MoreRoaring 20 s Vs. Swinging1072 Words   |  5 PagesRoaring 20’s vs. Swinging 60’s Taking a look back in time, so much has changed, especially in the time period between the 1920’s and 1960’s. The 1920’s and 1960’s are two decades that have really defined the United States’ culture. From flappers to hippies, jazz music to rock, and Civil Rights movements, these two decades have helped shape the beliefs and rights we have today. The 1920s were an age of social and political change that would change the face of history in the United States. The 1960sRead MoreThe Women’S Rights Convention Took Place In Seneca Falls,1296 Words   |  6 PagesThe Women’s Rights Convention took place in Seneca Falls, New York 1848. This was the first ever women’s rights convention in the United States, and with almost 200 women in attendance. This convention was organized by Lucretia Mott and Elizabeth Kelly Stanton, who were both abolitionists that met at the 1840 World Anti-Slavery Convention in London. In 1848 at Elizabeth Stan ton’s home near Seneca Falls, the two women, Mott and Stanton, were working with Martha Wright, Mary Ann McClintock and JaneRead More1920s Fashion - Research Paper1069 Words   |  5 PagesThe 1920’s fashion was a period of liberation, change, and even more importantly a movement towards the modern era. Fashion in the 1920’s varied throughout the decade but one could see the noticeable change from the previous fashion statements and eras. At the start of the decade, women began emancipating themselves from the constricting fashions by wearing more comfortable apparel. As women gained more rights and World War I forced them to become more independent, flappers came to be, mass-producedRead MoreWomen s Rights Of Women1590 Words   |  7 Pagesuntil the 1920s, women were ignored in every aspect of their life. From politics, to social situations, women were constantly looked at as lesser. The 20s was a decade of women ready to fight for their rights. From gaining social freedoms, to getting political rights, the 20s was the first decade of feminism. Many women played key roles in the fight for women s rights through speeches, marches, and much more. The women that fought for their rights in the 1920s completely changed how women live theirRead MoreChanging Roles Of Women During The 1920s1590 Words   |  7 PagesThe 1920s had a big impact on American life all around; however, one of the biggest changes during this time period was in the roles of women. During this time period, women started dressing different, leaving the house, getting jobs, and gaining rights. On top of all of that, they had a bigger role in education, they began taking parts in politics, and divorce became more of a common thing. This may not seem like a big deal to people today, but this was very important at the time. Prior, women hadRead MoreThe Changes in the Role of Women throughout Different Eras1381 Words   |  6 PagesThe role of women changes tremendously th roughout several eras. Women in the Puritan era are restricted to most rights in which men have, while women in the 1920s are more independent and rebellious against communal standing. In the Puritan era, the rights of women are from dreadfully restrictive to none. Puritan women are personified to be women who continually do what they are told, otherwise known as being â€Å"the good wife.† Later in the Victorian era, women began to feel imprisoned because theyRead MoreThe Declaration Of Sentiments, By Elizabeth Cast Stanton1443 Words   |  6 PagesVarious of the resolutions that the Declaration of Sentiments proposed, were based off of the Law of Nature, and unfortunately did not come true by the time that women received the right to vote. The Law of Nature, also known as the Natural Law, was an observable phenomenon (an empirical truth) within society. The author of involved in writing the Declaration of Sentiments, Elizabeth cast Stanton, â€Å"Resolved, That such laws as conflict, in any way, with the true and substantial happiness of woman

Math Paper Free Essays

Derp university Derp derpington Human Resource Management Research Paper is Business Mathematics 101 1st Tri Semester SY 2011-2012 Ms. derpina derp TABLE OF CONTENTS TITLE PAGE ACKNOWLEDGEMENTii TOPICS Simple Discount1 Simple Interest2 Four types of Interest available3 Compounded Amount and Compound Interest4 Linear Programming Problems * Maximization6 * Minimization8 Forecasting by Trend Projection10 Acknowledgement I would like to thank God for guiding and giving me motivation to do this math research paper; my friends for answering my questions about this paper; Dr. Masajo for giving me the opportunity to gain more knowledge; and my mother to constantly remind me to do better in college. We will write a custom essay sample on Math Paper or any similar topic only for you Order Now I would like to thank my mentor, Ms. Grace Chong, for being my mentor and to aid me in my college life. Simple Discount Find the present value of $3800 due in 6 months at 7% discount rate. A) F = $3800 d = 7% = . 07 t = 6 / 12 = 1/2 Formula: D = Fdt Solution: D = $3800 (. 07) (1/2) D = $133 P = F – D P = $3800 – $133 P = $3667 Discount $2056. 80 for 85 days at a discount rate of 6 ? % B) F = 2056. 80 d = 6 ? % = . 065 t = 85 / 360 = 17 / 72 years Formula: D = Fdt Solution: D = $2056. 80 (. 065) (17/72) D = $31. 57 P = F – D P = $2056. 80 – $31. 57 P = $2025. 13 Simple Interest Find simple interest on $10,000 at the rate of 5% for 5 years. Also find the amount for 5 years. A) P = $10,000 R = 5% = . 05 T = 5 years = n = 5 I = PRT I = $10,000 (. 05) (5) I = $2500 A = P + I A = $10,000 + $2500 A = $12,500 Find simple interest on $15,600 for 1 ? years at the rate of 8% per annum. Also find total amount. B) P = $15,600 R = 8% = . 08 T = 1 ? = n = 1 ? I = PRT I = $15,600 (. 08) (1? ) I = $1872 A = P + I A = $15,600 + $1872 A = $17472 4 Types of Interest Available Find the different interest on $1000 at 6% from June 23 2011 to September 21 2015. A) Approximate number of days: Year: 2015 – 2011 = 4 Month: 8 – 6 = 2 Days: 51 – 23 = 28 4 x 360 = 1440 2 x 30 = 60 28 = 28 = 1528 Days B) Actual Number of days: 4 years x 365 days = 1463 days January 30 – June 23 = 173 days January 30 – September 21 = 263 days 1463 Days – 173 days = 1287 days 1287 Days + 263 days = 1550 days = 1550 days C) Io interest for approximate number of days: Io = PRT = $1000 (. 06) (1528/360) Io = $254. 67 D) Ie interest for approximate number of days: Ie = PRT = $1000 (. 06) (1528/365) Ie = $251. 8 E) Io interest for actual number of days: Io = PRT = $1000 (. 06) (1550/360) Io = $258. 33 F) Ie Interest for actual number of days: Ie = PRT = $1000 (. 06) (1528/365) Ie = $254. 79 Compounded amount and Compounded interest Find the Compounded amount and compounded interest of $1000 at 7% for 3 years A) B) Compounded Annually P = $1000 R = 7% = . 07 T = 3 years = N = 3 x 1 = 3 A = P (1+i) ^ n A = $1000 (1+0. 7) ^ 3 A = $1225. 043 I = A – P I = $1225. 043 – $1000 I = $225. 043 C) Compounded Semi – Annually P = $1000 R = 7 / 2 % = 3. 5 = . 035 T = 3 years = N = 3 x 2 = 6 A = P (1+i) ^ n A = $1000 (1+0. 5) ^ 6 A = $1229. 36 I = A – P I = $1229. 36 – $1000 I = $229. 36 D) Compounded Quarterly P = $1000 R = 7 / 4% = 1. 75 = . 0175 T = 3 years = N = 3 x 4 = 12 A = P (1+i) ^ n A = $1000 (1+0. 175) ^ 12 A = $1231. 44 I = A – P I = $1231. 44 – $1000 I = $231. 44 E) Compounded Monthly P = $1000 R = 7 / 12% = . 5833 = . 00583 T = 3 years = N = 3 x 12 = 36 A = P (1+i) ^ n A = $1000 (1+. 00583) ^ 36 A = $1232. 78 I = A – P I = $1232. 78 – $1000 I = $232. 78 Compounded amount and Compounded interest Find the Compounded amount and compounded interest of $1500 at 5% for 3 years A) B) Compounded Annually P = $1500 R = 5% = . 05 T = 3 years = N = 3 x 1 = 3 A = P (1+i) ^ n A = $1500 (1+. 05) ^ 3 A = $1736. 4375 I = A – P I = $1736. 4375 – $1500 I = $236. 4375 C) Compounded Semi – Annually P = $1500 R = 5 / 2 % = 2. 5 = . 025 T = 3 years = N = 3 x 2 = 6 A = P (1+i) ^ n A = $1500 (1+. 025) ^ 6 A = $1739. 540127 I = A – P I = $1739. 540127 – $1500 I = $739. 540127 D) Compounded Quarterly P = $1500 R = 5 / 4% = 1. 25 = . 0125 T = 3 years = N = 3 x 4 = 12 A = P (1+i) ^ n A = $1500 (1+. 0125) ^ 12 A = $1741. 131777 I = A – P I = $1741. 131777 – $1500 I = $741. 131777 E) Compounded Monthly P = $1500 R = 5 / 12% = . 41666 = . 00416 T = 3 years = N = 3 x 12 = 36 A = P (1+i) ^ n A = $1500 (1+. 00416) ^ 36 A = $1741. 792 I = A – P I = $1741. 792 – $1500 I = $741. 792 Linear Programming Problems (Maximization) Levi’s Jeans manufacturing company purchase2 styles of jeans, style X and style Y, which sell for $90 and $75 appropriately. Unit production test for style X is $40 and for style Y $35. Raw materials available monthly are 90 meters while processing time at a max of 70 hours per week. Style X jeans made 3 meters of materials and 2 for processing them. For style Y, 2 meters and 2 for processing. Style X market demand is no more than 40 per week. How many of each style should be produced in each week in order to make profit maximum? | Style X| Style Y| Total Available| RM| 3| 2| 90| PT| 2| 2| 70| MD| 40| | | | Style X| Style Y| USP| $90| $75| UPE| 40| 35| UBM| $50| $40| Composition of linear programming problems: I. Decision Variable X = Number of style X to be produced weekly Y = Number of style Y to be produced weekly II. Objective Function Maximum Profit (Z): Z = $50X+$40Y III. Subjects Constraints: RM = 3X+2Y 90PT = 2X+2Y 70 MD = X 40X; Y 0 IV. Graphical Solutions A) By intercept B) Graphical presentations and points A intersection between 2 lines C) Testing the curve of the convex polygon formed form the objective function V. Decision Raw Materials: 3X+2Y 90 X = 30 Y = 45 Processing Time: 2X+2Y 70 X = 35 Y = 35 Market Demand: X = 40 A) Z = $50X + $40Y = $50(0) + $40(35) =$1400 B) Z = $50X + $40Y = $50(20) + $40(75) =$1600 C) Z = $50X + $40Y = $50(30) + $40(0) =$1500 Choose B. Decision: The Levi’s manufacturing company must produce 20 pieces of style X and 50 pieces of style Y to have a maximum profit of $1600. Linear Programming Problems (Minimization) Mrs. Smith mining company owns two mines grading ores graded into 3 classes. High grade (H), Medium grade (M) and low grade (L). The company is tied with a contract to provide a smelting plant with 12 tons of (H), 8 tons of (M), and 24 tons of (L) per week. It costs $2000 per day to run mine 1 and $1600 per day to run mine 2. In a day operation, Mine 1 produces 6 tons of (H), 2 tons of (M) and 4 tons of (L). While mine 2 produces 2 tons of (H); 2 tons of (M) and 12 tons of (L). How many days a week should each mines operation to fulfil company’s commitment most economically? | Mine 1| Mine 2| Total Available| H| 6| 2| 12| M| 2| 2| 8| L| 4| 12| 24| Cost| $2000| $1600| | I. Decision Variables: X = Number of days to run mine 1 Y = Number of days to run mine 2 II. Objective Functions: Minimum Cost = $2000X + $1600Y III. Subjects to Constraints: H = 6X + 2Y 12 M = 2X + 2Y 8 L = 4X + 12Y 24 X; Y 0 IV. Graphical Solutions H = 6X + 2Y 12M = 2X + 2Y 8L = 4X + 12Y 24 X = 2 Y = 6X = 4 Y = 4X = 6 Y = 2 P1 (0,6) Min C = $2000(0) + $1600(6) = $9600 P2 (1,3) Min C = $2000(1) + $1600(3) = $6800 P3 (3,1) Min C = $2000(3) + $1600(1) = $7600 P4 (6,0) Min C = $2000(6) + $1600(0) = $12000 Choose P2 V. Decision: Mrs. Smith’s mining company should run mine 1 for 1 day and Mine 2 for 3 days in order to have a minimum cost of $6800. Forecasting by Trend Projection Forecast and graph the production of rice in the Philippines for the years 2012 and 2015 of the annual production of rice from year 2000 to year 2010. Year (N)| Production of Rice (Y)| X| XY| Y’| X^2| 2000| 20| 0| 0| | 0| 2001| 22| 1| 22| | 1| 2002| 18| 2| 36| | 4| 2003| 19| 3| 57| | 9| 2004| 21| 4| 84| | 16| 2005| 24| 5| 120| | 25| 2006| 22| 6| 132| | 36| 2007| 26| 7| 182| | 49| 2008| 28| 8| 224| | 64| 2009| 25| 9| 225| | 81| 010| 30| 10| 300| | 100| | ? (Y) = 255| ? (X) = 55| ? (XY)=1382| | ? (X^2) = 385| 2 Normal Equations: ?(Y) = NA + B? (X)Equation 1 ?(XY) = A? (X) + B? (X^2)Equation 2 Solve for B) 255 = 11A + 55B (-5) 1382 = 55A + 385B -1275 = -55A – 275B 1382 = 55A + 385B 107 /100 = 110B /100 B = . 97272727 Solve for A) 255 = 11A + 55B 11A + 55B = 255 11A +55(. 97272727) = 255 11A + 5 3. 5 = 255 11 A = 255 – 53. 5 11A /11 = 201. 5 /11 A = 18. 31818182 A = 18. 32 B = 0. 97 Formula Y’ = A+Bx Year 2000 = 18. 32 + 0. 97(0) Y’ = 18. 32 Year 2001 = 18. 32 + 0. 97(1) Y’ = 19. 29 Year 2002 = 18. 32 + 0. 92(2) Y’ = 20. 6 Year 2003 = 21. 23 Year 2004 = 22. 2 Year 2005 = 23. 17 Year 2006 = 24. 14 Year 2007 = 25. 11 Year 2008 = 26. 08 Year 2009 = 27. 05 Year 2010 = 28. 02 In the table: Year (N)| Production of Rice (Y)| X| XY| Y’| X^2| 2000| 20| 0| 0| 18. 32| 0| 2001| 22| 1| 22| 19. 29| 1| 2002| 18| 2| 36| 20. 26| 4| 2003| 19| 3| 57| 21. 23| 9| 2004| 21| 4| 84| 22. 2| 16| 2005| 24| 5| 120| 23. 17| 25| 2006| 22| 6| 132| 24. 14| 36| 2007| 26| 7| 182| 25. 11| 49| 2008| 28| 8| 224| 26. 08| 64| 2009| 25| 9| 225| 27. 05| 81| 2010| 30| 10| 300| 28. 02| 100| | ? (Y) = 255| ? (X) = 55| ? (XY)=1382| | ? (X^2) = 385| How to cite Math Paper, Papers

Employment Relations - Professions - Ethics and Careers

Question: Write about theEmployment Relations, Professions, Ethics and Careers. Answer: The first question of this assignment deals with the importance of breadth and reliability of information in finding new talents. After answering the question, the prior topic between them has to be selected so that it can make some sense. Breadth is a very important aspect in the course of HR management. It means the broadening of the experience among the HR managers so that the workplace or the organization can be benefitted and enhanced. The new talents want the exposure of their capabilities so they want new challenges in the work field by facing challenges and pressures. The importance of reliability is also another important aspect as it deals with trust quotient of a person (Mowday, Porter and Steers 2013). A person should be much dependable to their seniors and the management. The new talents should always maintain ethics when they represent themselves in front of their seniors and that helps to keep a good employment relation. The seniors should have faith in them upon assigning any work on them. Both these aspects are very important in finding new talents so none of them can be made solely prior though the impact of reliability gives a much fair impression on the employers. The management of the modern organizations has found new ways of exploring new talents nowadays. One of them is by using social networking sites. A social networking site like Book face is very effective on the young minds. They get attracted to use various social networking sites from a very early age. The management must see this as a new venture because a lot of young boys and girls are generally introvert and do not want to express them. They are alert and active on the social sites though (Aral, Dellarocas and Godes 2013). The recruiters use to visit the profiles of the desiring candidates in the social networking site and if they get impressed with the kind of profiles, they tend to hire them. This works on a parallel line as for rejecting the candidates. Some other low cost means like online job sites also help them to locate the candidates and take interviews. Thus they can be reviewed. The recruiters can also review the candidates by taking online tests and creative tests so that they can judge their skills instantly. The candidates can follow the pages of the organizations on Book Face and the recruiters can contact them in near future. Essay Question for Assessment The following portion of the assignment deals with the essay question that is very important in the context of Human Resource Management. The question deals with the nature of promotion and compensation in the HR management areas (Hendry 2014). Promotion is one of the most important aspects in the employed life of a person (Seringhaus and Rosson 2012). The meaning of promotion is to advance in his professional career. It signifies his upliftment from his present rank to a higher rank. A person is only promoted to a higher rank when he has performed in his present rank or designation in a satisfactory way. This means he is ready to control a bigger role in the organization. Simultaneously, his salary is also increased. The aspect of loyalty is very significant in deciding the nature of promotion of an employee. A promotion in job also signifies a bigger responsibility and it is upon the human resource department to decide whether that person can manage the increased level of duties or not. They have to make the fact sure before the hierarchy promotes them. In case the HR department finds that he is not fit to manage the responsibilities, they can make certain arrangements to train that person. Another important aspect of this essay question is the aspect of compensation (Leave and No 2012). Compensation is something that an employee receives apart from their basic wages and salaries. The compensation is generally regarded as the amount of money that an employee receives for contributing his best efforts to the organization and in return, the organization rewards them by giving extra money and benefits to the employee. These employees can include medical insurances, travel allowances, tickets for travelling at a certain tome of the year and others. The extra amount of money that the employee receives can be called as bonus, incentives, commissions, profit sharing and some others. The role of human resource management professionals is a key one in this aspect. They have to analyze the job profiles from the job descriptions given and assess them if the particular employee has performed well enough to be considered for compensation. Human Resource Professional Competency Human resource professional competency is the framework is the framework by which the different tasks have to be measured by the human resource managers to assess the performance level of the employers (Ulrich et al. 2012). The HR professionals have to perform a wide range of tasks and they have to practice their profession in a wide range of contexts. The functional and enabling competency is one of the most important competency aspects that have to be highlighted in this context. The HR managers must assess the functional abilities of the employees in different situations. They have to analyze their job roles and the ways they are performing those job roles. It is their part of work to promote the particular employees and ensure a compensation for their positive contribution to the organization. Stakeholder Theory Stake holder theory is a very important theory in the context of the management. It is generally a theory that concerns over the management of the organizations and the business ethics (Crane and Matten 2016). These things are very essential to run a business organization. This is also significant in the study of the strategic management (Hill, Jones and Schilling 2014). The stakeholders of an organization always have a sharp eye on the development of the organization. The development is closely associated with the performance of the employees and when the targets are met, the performance of the employees should be rewarded. This also concerns the promotion and compensation for the employees so that they get motivation from the stakeholders and the hierarchy. References Aral, S., Dellarocas, C. and Godes, D., 2013. Introduction to the special issuesocial media and business transformation: a framework for research.Information Systems Research,24(1), pp.3-13. Crane, A. and Matten, D., 2016.Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Hendry, C., 2012.Human resource management. Routledge. Hill, C.W., Jones, G.R. and Schilling, M.A., 2014.Strategic management: theory: an integrated approach. Cengage Learning. Leave, B. and No, C., 2012. Compensation and Benefits.Policy. Mowday, R.T., Porter, L.W. and Steers, R.M., 2013.Employeeorganization linkages: The psychology of commitment, absenteeism, and turnover. Academic press. Seringhaus, F.R. and Rosson, P.J. eds., 2012.Export development and promotion: The role of public organizations. Springer Science Business Media. Ulrich, D., Brockbank, W., Younger, J. and Ulrich, M., 2012.Global HR competencies. McGraw-Hill.