The Argument On Crito And Socrates Debate - 817 Words

Marcus Schimmelfennig – Philosophy 101 – 2 PM class In class, we went over the Crito and Socrates debate; how Crito tries to convince Socrates that he should flee his execution and how Socrates thinks on his arguments. The Global argument on Crito has two parts. The first half assumes fleeing is morally wrong and draws out the consequences of Socrates fleeing if the moral experts saw it as such. The second half follows up on the assumption that fleeing is morally wrong and that Socrates would be morally wrong if he was to flee. Crito pressed Socrates with a multitude of different arguments that he had hoped would convince him to flee his execution. One was the obligation to his family and then the obligation to his friends; if he was to go through with this execution knowing he could have fled, he would be abandoning his family and friends as well as his commitment to them. Another argument was that Socrates would be leaving a bad reputation on his friends. Things like they were too scared to try and assist him in his escape, or they were too poor to try bribe the judge in Socrates’ favor, or too dumb to bribe the judge. But the argument that stuck out to Socrates was Crito insinuating that the voice of his friends was of more quality and, in Crito’s mind, the good opinion to listen to rather than to listen to his own knowledge on the topic. Before I talk about how Socrates answers, I have to introduce what is called the Socratic Reversal. There are two sides to theShow MoreRelatedSocrates s P hilosophy On The Western Civilization1440 Words   |  6 PagesSocrates is one of the most popular philosophers of all the times. He was the first to study ethics and principles of morality and he always claimed that he did not put knowledge in anyone, yet asked serious questions which contributed to numerous debates (Class notes). Despite his high intellectual level, Athens condemned him with several charges such as the corruption of youth as the society of this time viewed secular knowledge as an obstruction to the achievement of spiritual enlightenment (ClassRead MoreEssay on Socrates1116 Words   |  5 Pages In Crito, Plato recounts the last days of Socrates, immediately before his execution was to take place in Athens. In the dialogue, Socrates’ pupil, Crito, proposes that Socrates escape from prison. Socrates considers this proposal, trying to decide whether escaping would be â€Å"just† and â€Å"morally justified.† Eventually, Socrates concludes that the act is considered â€Å"unjust† and â€Å"morally unjustified.† Socrates then decides to accept his fate and proceeded with his execution. Socrates was a man whoRead MoreAn Examination of Socrates Attitude Towards Death and Dying Essay1123 Words   |  5 PagesAn Examination of Socrates Attitude Towards Death and Dying When presented with a problem or argument Socrates, the philosopher, attacked most issues with a relatively disingenuous attitude. A question or idea would be presented and he would automatically respond with either another question or a new philosophy for his opposite party to ponder. These were the ways of Socrates, an intelligent yet humble man who knew the limits of his knowledge. And through his passionRead More Crito Essay1581 Words   |  7 Pages Socrates has been accused of corrupting the youth by Meletus and has been sentenced to death. He has thoroughly justified his own decision to obey the opinions of the majority and serve out the sentence that his own city has deemed appropriate for his crimes. At the beginning of this piece, Socrates has presented a period of questions and answers through dialogue with Crito. Throughout the dialogue Socrates is explaining his reasoning for not evading the government. Crito does not understand theRead MoreComparison Between Crito and Apology1661 Words   |  7 PagesComparison between Crito and Apology For these two articles that we read in Crito and Apology by Plato, we could know Socrates is an enduring person with imagination, because he presents us with a mass of contradictions: Most eloquent men, yet he never wrote a word; ugliest yet most profoundly attractive; ignorant yet wise; wrongfully convicted, yet unwilling to avoid his unjust execution. Behind these conundrums is a contradiction less often explored: Socrates is at once the most Athenian, mostRead MoreThe Apology Has Much More Depth Than Just A Dialogue1360 Words   |  6 Pageswith uncertainty and fear due to the continuing state of upheaval and war. Socrates presents himself to the jury as a moralist, a humanitarian, and a philosopher who believes in duty to the youth, the citizens, and the municipality. He claims innocence against the accusations. However, Socrates is found guilty. He accepts his punishment, death, without question alluding obedience to the state and its authority. Although Socrates accepts his punishment, I say it is ethically acceptable for citizens ofRead MoreSocrates Vs Crito1522 Words   |  7 PagesIn the dialogue Crito, the Laws state that â€Å"One must obey the commands of one’s city and country, or persuade it as to the nature of justice† (51c1-2). In this paper, a third option in response to the state, i.e. punishment in reaction to unjust acts, will be advocated for. To this end, I will argue that Socrates could be justified in escaping because doing so could have punished the Laws of Athens, which would have helped the Laws maintain their virtue. This argument exists in two parts. First,Read MoreAristotle and Plato: Death Action and Justice1284 Words   |  5 Pagesunderstand and define these various dynamics was cast into constant debate, especially in the context of the pagan and imperial Athenian state. Here, thinkers such as Socrates, Plato and Aristotle would continually advance the discussion on how best to define man, both practically an d ethically. In the two prompting statements provided for this discussion, we find that Aristotles Nicomachean Ethics and Platos The Trial and Death of Socrates are at once contradictory and compatible. First, a discussionRead MoreWhat Is the Purpose of the ‘Speech of the Laws’, in Plato’s Crito? How Is It Related to Crito’s Political Opinions and Preferences as Expressed in This Dialogue?2389 Words   |  10 Pages‘speech of the laws’, in Plato’s Crito? How is it related to Crito’s political opinions and preferences as expressed in this dialogue? The ‘speech of the laws’ as witnessed in Plato’s Crito is of utmost importance to one of Plato’s shorter dialogues and serves multiple purposes, some of which will be engaged with here. The speech will be looked in terms of its methodological purpose and will question what functions this serves. Philosophically speaking the Crito remains a dialogue concerning justiceRead MorePlato s Life And Accomplishments874 Words   |  4 Pageswas in his late teens or early twenties he heard Socrates teaching, he was so impressed with his teachings that changed his plans to pursue a literary career as a playwright; he destroyed his early work and devoted himself to philosophy. Plato studied philosophy, which means â€Å"love of wisdom† under the guidance of Socrates for the next nine years. Socrates taught by a conversational method, analyzing everything, which was known as dialectic. Socrates had his students find logic in most of their topics

Arithmetic Mean and Excellent Banks - 1484 Words

Measuring Service Quality Using SERVQUAL Introduction Measuring the quality of a service can be a very difficult exercise. Unlike product where there are specific specifications such as length, depth, width, weight, colour etc. a service can have numerous intangible or qualitative specifications. In addition there is there expectation of the customer with regards the service, which can vary considerably based on a range of factors such as prior experience, personal needs and what other people may have told them. SERVQUAL – a methodology for measuring service quality As a way of trying to measure service quality, researchers have developed a methodology known as SERVQUAL – a perceived service quality questionnaire survey†¦show more content†¦Please allocate 100 points among the five sets of features according to how important it is to you. Make sure the points add up to 100. Features Points 1. The appearance of the banks physical facilities, equipment, personnel and communication materials. 2. The bank s ability to perform the promised service dependably and accurately 3. The banks willingness to help customers and provide prompt service. 4. The knowledge and courtesy of the bank s employees and their ability to convey trust and confidence. 5. The caring individual attention the bank provides its customers. Total: 100 Table 2 - SERVQUAL Importance Weights SERVQUAL Dimension Score from Table 1 Weighting from Table 2 Weighted Score Tangibility Reliability Responsiveness Assurance Empathy Average Weighted score: Table 3 - Calculation of Weighted SERVQUAL Scores Appendix A – the SERVQUAL Questionnaire The Survey The questionnaire below is in two sections. The first section asks you to rank all banks according to your expectations i.e. what you expect all banks to provide. The second section asks you to rank the bank you chose for the survey according to your experiences and perceptions. Expectations This section of the survey deals with your opinions of banks. Please show the extent to which you thinkShow MoreRelatedBasic Measures, Policy Statement, and Securities Markets3031 Words   |  13 PagesFinancial analyst need different tools to scrutinize the market and identify the most succulent securities available for their clients, to accomplish this objective they utilize different mathematical and statistical calculations like arithmetic mean, geometric mean and standard deviation, this paper shows how to perform these calculations and how they could be used to identify a good investment. Additionally, provides an overview in formulating and justifying investment policies identifying objectivesRead MoreRagged Dick By Horatio Alger1307 Words   |  6 Pagesafter account of a scam artist trying to pull a fast one on Dick. People like the salesman that Dick tried to get change from, whom in turn tried to accuse Dick of trying to pass off counterfeit money. As you ca n see Dick did not have it easy by any means. People treat him poorly because of how he looks and dresses. â€Å"Dick s appearance as he stood beside the box was rather peculiar. His pants were torn in several places, and had apparently belonged in the first instance to a boy two sizes larger thanRead MoreAtm (Automated Teller Machine)2861 Words   |  12 Pagesfinancial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller. All it needs is an ATM software that manages all these transactions in an efficient manner thereby making them more convenient for the customers and the bank authorities. The software gives planned approach to all the accessible sections of the bank. Navigation from main pages to the sub-levels is permitted. It is highly accurate and reliable. As this is only a simulationRead MoreEconomic Testbank5285 Words   |  22 Pages | |d. |interval scale | ANS: B PTS: 1 TOP: Descriptive Statistics 7. Some hotels ask their guests to rate the hotels services as excellent, very good, good, and poor. This is an example of the |a. |ordinal scale | |b. |ratio scale Read MoreFingerprint Biometric Attendance System7072 Words   |  29 Pagesincreasing complexity of administrative operations in Colegio de St. Monique in Binangonan, Rizal, is the effect of the growing population of students, faculty and administration and the physical expansion of the institution. The increase in complexity means additional manpower and workloads and more complicated data processing system. To meet the growing needs of education, the institution, as a result formulated new innovations, techniques, methods and modernized equipment to aid the complexity of operationsRead MoreAutomatic Railway Gate Control9546 Words   |  39 Pagesand is available for storage of data. Up to 64 Kbytes of external RAM data memory is supported (in a standard of 8051). Internal Memory The 8051 on chip memory consists of 256 memory bytes organized as follows: First 128 bytes: 00h to 1Fh Register Banks 20h to 2Fh Bit Addressable RAM 30h to 7Fh General purpose RAM Next 128 bytes: 80h to FFh Special Function Registers The first 128 bytes of internal memory is organized as shown in the figure below, and is referred to as Internal RAM or IRAMRead MoreCase Study6040 Words   |  25 PagesFINA 6092 Advanced Financial Management Harvard Business School Case Study ! Shenzhen Development Bank Case Report Section A: Group 6 Name CATALOGUE PART 1: BACKGROUND INTRODUCTION ..................................................................... 1 PART 2: THE INVESTMENT VALUE OF SHENZHEN DEVELOPMENT BANK ..... 1 PART 3: RISK ANALYSIS .................................................................................................... 2 PART 4: RISK CONTROL .........Read MoreCase Study6029 Words   |  25 PagesFINA 6092 Advanced Financial Management Harvard Business School Case Study ! Shenzhen Development Bank Case Report Section A: Group 6 Name CATALOGUE PART 1: BACKGROUND INTRODUCTION ..................................................................... 1 PART 2: THE INVESTMENT VALUE OF SHENZHEN DEVELOPMENT BANK ..... 1 PART 3: RISK ANALYSIS .................................................................................................... 2 PART 4: RISK CONTROL ...........................Read MoreDesigning The Robotic Arm Is Controlled By A Microcontroller Based System10540 Words   |  43 Pagesfunctional mechanical systems. Rapid ideas generation, prototyping, and evaluation can be done with this system and as a brand name in building brick system; Lego Technics is satisfactory in many robotics projects as final building materials [I]. This means that any robot prototype built from this system can also serve as a valid experimental platform. Lego Technics is ideal to be used not only for building a fiame or other supporting elements of robotics projects but also for gear reduction and powerRead MoreImpact of Electronic Banking System in Nigeria. a Critical Appraisal of Unity Bank Plc13433 Words   |  54 PagesTHE IMPACT OF ELECTRONIC BANKING IN NIGERIA BANKING SYSTEM (CRITICAL APPRAISAL OF UNITY BANK PLC) BY OLORUNSEGUN SHITTU BEING A RESEARCH PROJECT SUBMITTED TO THE DEPARTMENT OF MANAGEMENT SCIENCE, FACULTY OF ENGINEERING AND TECHNOLOGY, LADOKE AKINTOLA UNIVERSITY OF TECHNOLOGY, OGBOMOSO, OYO STATE NIGERIA IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF MASTERS IN BUSINESS ADMINISTRATION (MBA) FINANCE SEPTEMBER, 2010 1 CERTIFICATION This project with the title â€Å"The Impact of Electronic

Technology and Modern Communication Technologies Free Essays

Modern communication technologies such as mobile phones, e-mails and internet chat programs like the MSN Messenger have brought significant changes to our lives in recent years. Yet, there remains some disagreement as to whether the overall effect of this innovation has been positive or negative. Although there are valid arguments to the contrary, it is my belief that the majority of people in the globe have benefited greatly from these powerful and effective means of modern communication. We will write a custom essay sample on Technology and Modern Communication Technologies or any similar topic only for you Order Now To begin with, mobile phones and other tools of modern communication facilitate not only contact with friends and relatives in faraway places but also global business. With the click of a button, the vast amount of information can be transmitted from America to China in just a few seconds. Furthermore, it is generally felt that the access to these tools of communication is available in every corner of the world. With a mobile phone or a laptop, a person can talk or send messages online at a bus stop, in a corner shop or anywhere they could imagine. Therefore, it seems that these new forms of communication do bring a great deal of convenience to humankind. Nevertheless, opponents of modern communications claim that only the more privileged are able to enjoy the benefits. They further point out that the wide spread use of these efficient and effective ways of communication costs a considerable amount of money. Anyone who aims to use these innovations have to not only pay for the appliances such as a mobile phone or a computer but also cover up costs for communication services. Consequently, people who live in poverty are less likely to be benefited from modern communication technologies. By way of conclusion, I believe that modern communication technologies will benefit more people in the future as the pace of life increases; however, the have-nots cannot be ignored simply because they couldn’t afford it. Modern technology has increased material wealth but not happiness To what extend do you agree / disagree with the statement? According to recent statistics, the number of people who are stressed by the influence of a modern lifestyle is increasing. While having to suffer quick developments in advanced technology, people are always busy at work. Undeniably, modern technology makes people’s standard of living higher, however, I am convinced that people will not be happy while they live in a modern society with modern technology all around them. First, technological advances, resulting in increased degrees of industrialisation, have changed a lot of things in society, therefore, people living in that society have to suffer influences of these big changes, e. . , instead of working for eight hours a day and spending time with their families or going out to enjoy chatting over coffee with friends, people must be in their office and do a lot of work, maybe ten working hours per day, even they have to take works to do at home and their meals are always fast food. Do you think is that a happy life? Moreover, modern technology makes people’s life boring, after working time people often sit by their computer to play games o r reading some information on internet. That means they do not refresh their mind and by accident they turn their own into slave of modern technology. In fact, a lot of teenage get stuck in their lives, they think that there is nothing to learn and to enjoy because they know everything thanks to technological advances, thus, they choose the death for their solution. For all above reasons, I thoroughly believe that modern technology can not decide the happiness, it has improved people’s standard of living but not happiness. How to cite Technology and Modern Communication Technologies, Essays

Globalization UBER Company Samples for Students †MyAssignmenthelp.com

Question: Discuss about the Globalization UBER Company. Answer: Uber Company Uber Company is also known as the Uber Technologies Inc., it is a transportation network company that is headquartered in San Francisco, California in United States. The Uber Company is operating in 570 cities around the world. It has major in car transportation and food delivery. The name Uber means topmost or super, the origin of the name is from Germany where Uber means above(D, 2016). The Uber Company started to operate in 2009 as a private luxury car services, this was to cater for the top executive of the Silicon valley in San Francisco in United States. During its incorporation time, the company focus mostly on the Limousines and taxis services, the taxi services were accessed by the client by using the particular code provided by the Uber App. The steady and aggressive company growth forced the company to penetrate into global market, particularly looking for developing countries haves sustainable business environment. Australia is country that is considered to have a proactive and aggressive economic growth that allows companies to venture many business activities(Millar, 2017). Uber Company has majorly focus in taxi service in more than 85 developed cities in over 30 countries in the word. The Uber App is a form of application package that bring the integration between the drivers and passengers, the app integrates google maps allowing the passengers to know the drivers in locality. Globalization is explained as the process through which an organization starts to work in an international scale of business. Uber Company has considered globalization as to have impact to their success. Health business competition is a considerable impact of globalization as a business factor, due to competition in the market Uber Company has focus to segment its market to developing countries, one of them being Australia(D, 2016). Ridesharing is a digital platform that connects the drivers and the passengers, this platform has help in reducing the cost of operation between the driver and the passenger. According to Uber CEO in Australia, Uber is currently the most operation Point-to-Point transportation company in Australia. The company is providing a competitive transportation services in the Australian market. The Uber App has been the key approach that the company has been using to gain its competitive advantage through excellence service provision(Cummings Worley, 2014). Uber was launched in Australia in 2012 using the UberBlack which is the only licensed hired car that operated legally in Sydney and Melbourne. In 2014, the company extended its services to Brisbane, Perth, Canberra among other cities in Australia. The competitive approach of Uber Company in the market is provision of taxi service 20% lower than the normal taxi fare. Uber ridesharing not replicating the existing market, but it has also venture into a local taxi service by providing differentiated taxi services as compared to the traditional market in Australia. The Uber Company has ensure that the impact of globalization in Australian market is encouraging innovation in their operation, by utilizing new technological system called Bidirectional. The new system is used to reduce the information asymmetries that allows the driver and passenger to make effective decision(Grant, Butler, Orr, Murray, 2014). Globalization Globalization is defined as the process which a business organization starts to operate on the international scale(Beck, 2015). Many researchers have tried to elaborate on the essential concepts of globalization in positive ways, while others including Joseph. E Stiglitz is presenting the concepts of globalization in a different perspective. Globalization concepts are considered to be the primary elements that are ordained to affect the business operation of the business organization, especially those firms that operates on the international scale(Stiglitz Joseph, 2002). The current wave of globalization is perceived to commence in the early 1980s and is transforming many countries and business industries in different ways, this has compelled the Uber Company to venture in new business activities. However, globalization has created a number of issues as well as opportunities to business organization, including Uber Company(Dunning, 2014). According to Amosha, O., Pivnyak, G., Shvets, V., Cherevatsky, globalization is one of the controversial phenomena that may contribute to the development and positive influence, while it can also contribute destructions, misuse of resources and end of different cultures. According to the research, globalization is the world phenomenon that has contributed to the economic fluctuation in different parts of the world, where the multinational companies like Uber Company are largely affected by the effects of globalization(Amosha, Pivnyak, Shvets, Cherevatsky). Uber Company has experienced the impact of globalization that is contributed with some factors. The research also indicates that companies that are largely influenced by the globalization factors are considered to have a consistent market share in the international market(Hirst, Thompson, Bromley, 2015). Managing a diverse workforce Due to globalization, Uber Company has extended its operation to deal with the workplace diversity. In the past decades, over half of the Australias immigrants are from the United Kingdom, today the immigrants have reduced making up 12% and with 25% of them coming from part of Asia. Moreover, countries such as India and China are now moving towards looking for opportunities in many developing countries like Australia(Barak, 2016). The existing opportunities in Australia allow the Uber Company to extend it business activities with the aid of diverse workplace(Glss McGregor, 2016). Many business enterprises are currently operating in a competitive business environment that ascertains the importance of having a diversified workplace. The Uber Company is now committed to encourage and develop a sizeable diverse workforce that intends to create a positive impact to the company. By drawing the company activities in diversified experience, approaches, as well as perceptions, ensures that the company is working towards achieving its strategic goals and objectives(Davis, 2016). Innovation and generation of new opportunities also act as the impact of globalization in relation to a diversified workforce. A diverse workforce improves the company performance since new employees are committed to attend clients to base on their interest and demand. Legality Issues Uber-Company has face legality issues from the transportation authorities in different states in Australia. The Australian Transport Safety Bureau (ATSB) has stated that all drivers are mandated to have the commercial license, purchase taxi medallions, licensing fee, car inspection and abide by the existing laws provided by the constitution under the supervision of the Australia Federal Government(ATSB, 2007). The Uber-Company has ensured that all the laws provided by the government through the Australian Transport Safety Bureau (ATSB) and other related bodies are abided by, this has allowed the company to gain trust from their clients(Watanabe, Naveed,, Neittaanmki, 2017). The research indicates that the Uber pricing model has been evaluated and scrutinized by Australian Transport Safety Bureau (ATSB) since it was observed that they are not in compliance with the uniform taxi rates that are set by the regulatory authorities of each state under the supervision of Australian Transpor t Safety Bureau (ATSB)(ATSB, 2007). According to the research, there are also some of the major disparities that pertain the insurance obligation for drivers, the Australian Transport Safety Bureau (ATSB) have warned the passengers and drivers that companies like the Uber Taxi Company may not provide insurance covers in case of any emergency relating to accident and theft(Wilson Pender, 2017). There is a serious ambiguity about who is liable if accident or theft occur(Hopkins, 2014). Product Review Uber-Company is constantly coming up with new ways that intend to save the cost of transport. The company has developed a carpool function on the app called the UBERPOOL. The UBERPOOL app is to allow the users to share the ride and split the cost with other persons who require taxi service along the similar routes. This app has allows the riders to save 50% of the cost as compared to the traditional taxi. The Uber UBERPOOL. contains some unique and innovative elements that make it enjoyable to the users, it has the ETA tool that allows the user to see the available cars in the areas and how long it will take to the locality of the client. However, the app has also allowed the user to save their credit cards information, where the users are not using liquid cash for service payment. While striving towards promoting good customer satisfaction the company is able to give different rates to regular clients. This has helped the company to customize their customer experience and behavior(Amosha, Pivnyak, Shvets, Cherevatsky). Targeted Segments The Uber-Company develop the smartphone app that belongs to everyone, from the regular customers to the incoming clients who look for excellent traveling services. In the present marketing plan and models, the company is focusing on targeting the VIP riders, the company has gained more customers who normally use the public transportation, most of these commuters were the VIP, and the company has targeted them by meeting their rising demand(D, 2016). Moreover, the Uber-Company in Australia has conducted campaigns in many universities in different states, this idea of the campaign is to increase the market share of the company. On the other hand, the Uber company is not only targeting the people who love to be drivers but they give them an opportunity to make % $60,000 in every year as well as allowing them to have a flexible schedule that allows them to work anytime and whenever they want(Grant R. M., 2016). Current Marketing Situation The primary mission of the Uber company is to provide transportations service that is reliable as running water, everywhere and for everyone. The company has become more ambitious to eliminate the private car ownership, it is mainly focused in monopolizing the car transportation not only in Australia bur around the world. According to Travis Kalanick, the current valuation of the company is over 50 million bigger than the normal taxi market in the market. The Uber-Company current revenue is $ 36 million and it grows at the rate of 150% annually(Payne, Frow, Eggert, 2017). The Uber rides in Australian market and states are now growing at 3 times per year. The taxi industry in Australia has continued to observe new transportation apps, this has promoted companies like Uber to gain more market share. Prices for the medallions taxi riders are observed to be reducing over the past few years this has been benefiting the taxi owners and rider. The taxi and the limousine provided by the Uber company reported revenue of 1%12 billion over the past year with yearly growth of about 3.1% from 2010 to 2015. Rising cost of fuel has affected the operation many business industries, the issue of rising cost of fuel was considered as the least factor that could have affected the operation of Uber-Company in Australia and over other international companies(Corones, Christensen, Howell, 2016). SWOT analysis of Uber-Company Globalization effect compelled business organization in different sectors to conduct business activities outside their original marketplaces. Market segmentation gives the company an opportunity to access markets and study the demand of particular markets, and as a result, the companies are required to strategically analyze their operation by applying the fictional strategic analysis model such as SWOT analysis tool. The SWOT analysis tool is used by a business organization to determine the strengths, weakness, opportunities as well as threats that negatively affects the operation of a business firm(Davis, 2016). Strengths In Australia Uber company is well known to provide quality transportation service, therefore it is a recognized brand for itself. Uber-Company is allowing it customer to use cashless payment models that allow the protection of users credit card informations. The company has lower operational cost as compared to traditional taxi in Australia(Cummings Worley, 2014). Weakness Uber-Company is operating in a market where well-off nations like China and US are anticipating to invest into. The ideas of providing cashless payment and using smartphone apps could be imitated, and therefore there is nothing it that will prevent competition. Opportunities Customers in Australia are dissatisfied with the traditional taxi cap organization since they provide high prices and that they are long waiting. This is an opportunity that has allowed Uber company to invest more in the modern taxi services(Grant R. M., 2016). Threats The transport regulatory authorities like Australian Transport Safety Bureau (ATSB) may develop regulations that may prevent Uber-Company to operate in the market. Apparently, the taxi industry in Australia may abolish the operations of the company since their prices are lower than fare charged by yellow taxi cap companies(Davis, 2016). Uber-Company need to understand that as time passes new markets are developing new ideas that contribute to business competitions, competition will ultimately decrease the prices of the company. Due to globalization impacts, the reduction in prices will force the company to pay less to the drivers, forcing drivers to look for better-paying companies, after which the Uber-Company revenues will decline. Conclusion Globalization is explained as the major factor that changed the world of business today. Many business operations and practices are arising because of globalization. Globalization has contributed to both positive and negative impact to the business organization that operates in the international marketplace. Uber-Company is an international company that is described to conduct its activities under the influence of globalization that is outlined as the world major phenomenon of international business activities. Uber-Company has segmented its transportation services to Australia hub because of economic growth and development in the country. The company has adequately considered the essential marketing approach in order to increase its market share and make their operations in Australia to be the most recognized. Globalization has ensured that the company is working in compliance with the Australian laws and regulations that are provided by the relevant transportation authorities. Uber company has targeted new customers in Australia, it has focused on VIP individual who usually used public transports to commute from once city to another one. Uber originates from San Francisco, California, United Stated the company has diversified its workforce by employing drivers from Australia. Through diversification, Uber-Company is The now committed to encourage and develop a sizeable diverse workforce that intends to create a positive impact to the company. However, Uber-Company has majorly considered the utilization of strengths and business opportunities that are available in Australia, the study also reveals some weakness and threats that prevent the company from providing transportations service that is reliable as running water, everywhere and for everyone. References Amosha, O., Pivnyak, G., Shvets, V., Cherevatsky. (n.d.). AUTARCHY VS. GLOBALIZATION IN ENERGY RESOURCES SUPPLY. ECONOMIC TRANSFORMATION IN UKRAINE: COMPARATIVE ANALYSIS AND EUROPEAN EXPERIENCE. Barak, M. E. (2016). Managing diversity: Toward a globally inclusive workplace. Sage Publications. Beck, U. (2015). What is globalization?. John Wiley Sons. Corones, G. S., Christensen, S. S., Howell, N. (2016). Submission to Australian Consumer Law Review Issues Paper. Cummings, T. G., Worley, C. G. (2014). Organization development and change. Cengage learning. D, W. (2016). Uber is the Walmart of transport. Guardian (Sydney), (1718), 2. Davis, P. (2016). How Do Sharing Economy Companies Grow? A Comparison of Internal and External Growth Patterns of Airbnb and Uber. Springer International Publishing. Dunning, J. H. (2014). The Globalization of Business (Routledge Revivals): The Challenge of the 1990s. Routledge. Glss, M., McGregor, M. (2016). Designing for labour: uber and the on-demand mobile workforce. In Proceedings of the 2016 CHI Conference on Human Factors in Computing Systems (pp. 1632-1643). ACM. Grant, R. M. (2016). Contemporary strategy analysis: Text and cases edition. John Wiley Sons. Grant, R., Butler, B., Orr, S., Murray, P. A. (2014). Contemporary strategic management: An Australasian perspective. John Wiley Sons Australia, Ltd. Hirst, P., Thompson, G., Bromley, S. (2015). Globalization in question. John Wiley Sons. Millar, R. (2017). UberX drivers supply taxi travel and so must be registered for GST: Uber BV v Commissioner of Taxation [2017] FCA 110. World Journal of VAT/GST Law, 1-8. Payne, A., Frow, P., Eggert, A. (2017). The customer value proposition: evolution, development, and application in marketing. Journal of the Academy of Marketing Science, 1-23. Stiglitz, Joseph, E. (2002). On globalization management. Watanabe, C., Naveed,, K., Neittaanmki, P. (2017). Consolidated challenge to social demand for resilient platforms-lessons from Uber's global expansion. Technology in Society, 48, 33-53. Wilson, J., Pender, K. (2017). A new era?: Whistleblower protections in Australia. Ethos: Official Publication of the Law Society of the Australian Capital Territory.

Urban Pollution

How to Apply for a Patent for Your Invention

How to Apply for a Patent for Your Invention Inventors who have created a new product or process can apply for a patent by filling out a patent application, paying a fee, and submitting it to the United States Patent and Trademark Office (USPTO). Patents are meant to protect creations that solve a specific technological problem - be it a product or process - by assuring that no one else can produce and sell a product or process similar to the one patented. Because the patent application is a legal document, inventors hoping to complete the forms need to have a certain level of expertise and preciseness when filling out the proper paperwork - the better written the patent, the better the protection the patent will produce. The patent application itself has no fill-in forms available on the most complex parts of the paperwork, and instead, you will be asked to submit  drawings  of your invention and fill out a series of technical specs that make it different and unique from all other inventions that have already been patented. Undertaking a non-provisional utility patent application without a  patent attorney or agent  is very difficult and not recommended for beginners to patent law. Although only  the inventor may apply for a patent, with certain  exceptions, and two or more persons making  an invention  jointly must apply for a patent as joint inventors, all inventors must be listed on the patent applications. Getting Started With Filing Your Patent It is highly recommended that you draft a first copy of the patent application and do a preliminary search for prior art yourself before bringing the paperwork to the patent agent you hire for a final proof. If you must self-patent for financial reasons please read a book such as, Patent It Yourself and understand the risks of self-patenting. Another alternative - which comes with its own set of  drawbacks  - is to file a provisional patent application, which provides one year of protection, allows patent pending status, and does not require writing claims. However, before one year expires you must file a non-provisional patent application for your invention, and during this year, you can promote and sell your product and hopefully raise the money for a non-provisional patent. Many successful experts advocate provisional patents and other alternatives as a better path to follow. Essentials of Non-Provisional Utility Patent Applications All non-provisional  utility  patent applications must include a written document which comprises a specification (description and claims) and an Oath or Declaration; a drawing  in those cases in which a drawing  is necessary; and the filing fee at the time of application, which is the fee when the patent is issued, as well as an  Application Data Sheet. The descriptions and claims are very important to a patent application as they are what the patent examiner will look at to determine if your invention is novel, useful, nonobvious, and correctly reduced to practice as it relates to whether or not the invention is  patentable  in the first place. It takes up to three years for a patent application to be granted, and because applications are often rejected the first time, you may need to amend the claims and appeal. Make sure that you meet all  drawing standards  and follow all patent laws that apply to design patent applications in order to avoid further delay. It will be a lot easier for you to understand how to apply for a design patent if you look over a few issued design patents first - check out  Design Patent D436,119  as an example before proceeding, which includes the front page and three pages of drawing sheets. Optional Preamble and Mandatory Single Claim A preamble (if included) should state the name of the inventor, the title of the design, and a brief description of  the nature  and intended use of the invention that the design is connected to, and all the information contained in the preamble will be printed on the patent if it is granted. Using an Optional Preamble: I, John Doe, have invented a new design for a jewelry cabinet, as set forth in the following specification. The claimed jewelry cabinet is used to store jewelry and could sit on a bureau. You may choose not to write a detailed preamble in your design patent application;  however, you must write one  claim  like  Design Patent D436,119  uses. You will submit all bibliographic information such as the inventors name by using an  application data sheet  or ADS. Using a Single Claim: The ornamental design for eyeglasses, as shown and described. All design patent application may only include a single claim that defines the design which the applicant wishes to patent, and the claim must be written in formal terms, where as shown relates to drawing standards included in the application while as described means that the application includes special descriptions of the design, a proper showing of modified forms of the design, or other descriptive matter. Design Patent Title and Additional Details The title of the design must identify the invention that the design is connected to by its most common name used by the public, but marketing designations (like Coca-Cola instead of soda) are improper as titles and should not be used. A title descriptive of the actual article is recommended. A good title helps the person that is examining your patent know where to or not to search for prior art and helps with the proper classification of the design patent if it is granted; it also helps the understanding of the nature and use of your invention that will  embody the design. Examples of good titles include jewelry cabinet, concealed jewelry cabinet, or panel for a jewelry accessory cabinet, each of which gives specifications to items already known colloquially, which could increase your chances of getting your patent approved. Any cross-references to related  patent applications  should be stated (unless already included in the application data sheet), and you should also include a statement regarding any federally sponsored research or development if any. Figure and Special Descriptions (Optional) The figure descriptions of the drawings included with the application tell what each view represents, and should be noted as FIG. 1, FIG. 2, FIG. 3, etc. These items are meant to instruct the agent reviewing your application to what is being presented in each drawing, which can be demonstrated as such: FIG.1 is a perspective view of eyeglasses showing my new design;FIG.2 is a front elevational view thereof;FIG.3 is a rear elevational view thereof;FIG.4 is a side elevational view, the opposite side being a mirror image thereof;FIG.5 is a top view thereof; and,FIG.6 is a bottom view thereof. Any description of the design in the specification, other than a brief description of the drawing, is generally not necessary since, as a general rule, the drawing is the designs best description. However, while not required, a special description is not prohibited. In addition to the figure descriptions, there are many types of special descriptions that are permissible in the specification, which include: A description of the appearance of portions of the claimed design which are not illustrated in the drawing disclosure; a description  disclaiming portions of the article not shown, that form no part of the claimed design; a statement indicating that any broken line illustration of environmental structure in the drawing is not part of the design sought to be patented; and a description denoting the nature and environmental use of the claimed design, if not included in the preamble.

Teen Pregnancy Essay Example | Topics and Well Written Essays - 500 words

Teen Pregnancy - Essay Example ches, however, have resulted to significant differences possibly â€Å"arising from a combination of political, religious and research design factors.† (Bonell, C., 2004) Teenage pregnancy poses a problem to the young couple, their baby and the society. For the couple, they have to deal with not being able to finish high school or going to college. â€Å"Only 40 percent of teen moms who give birth at age 17 or earlier finish high school according to research compiled by the National Campaign to Prevent Teen and Unplanned Pregnancy.† (Huus, K., 2010) As for the child, it more often grows up trying to match its peers in terms of necessities and luxuries in life. Society is not spared. The U.S. government spends over at least $9.1 billion for health care, housing assistance, food stamps, child welfare services â€Å"provided for teens and their children, and the lost revenue due to lower taxes paid by teen mothers.† (Huus, K., 2010) Teen pregnancy also serves as a marker of sexual behavior that brings a substantial risk of contracting AIDS and other sexually transmitted diseases. (Allen, et. al., 1997) Although there was a steady decline in teenage pregnancies in the United States, approximately 1 million teenage girls become pregnant each year. (Overview, 2007) Research shows that â€Å"practitioners and researchers have been sorely remiss in discovering proven, replicable, and socially acceptable ways to help American young people avoid unwanted pregnancies.† (Schinke, S., 1998) How can society solve this seemingly neglected problem? â€Å"Within psychology, especially, critical thinking has been championed for all students and professionals.† (Levy, D., 1997) As teen pregnancies are often studied in relation to the psychological behavior of the individual, maybe critical thinking can help society find a way to come up with better programs to guide teenage parents or thwart the rise the occurrences of teenage pregnancies. Analysis and evaluation of teenage pregnancy

The Christian Tradition Essay Example | Topics and Well Written Essays - 1500 words

The Christian Tradition - Essay Example The moral issue regarding homosexuality is clear. Actually gays and lesbians are immoral people and do immoral acts, at least according to the Bible. Homosexuality violates many Christian principles. However, homosexuals should be loved and accepted even though we cannot accept their homosexuality. The issue regarding homosexuality is actually based on whether it is an individual’s choice or not. If it is an individual’s choice, then homosexuality is evil and the homosexual who practices it deserves to be criticized. However, if there is a reason that homosexuality is not an individual’s choice like it is genetic, then it means that homosexuality is not such a bad thing after all because it is beyond human control. According to a study by Allen and Gorski of the University of California in 1992, â€Å"The midsagittal plane of the anterior commissure in homosexual men was 18% larger than in heterosexual women and 34% larger than in homosexual men† (Allen & Gorski). This means that a part of the brains of homosexual men are actually larger than the brains of heterosexual men. A group of Swedish scientists from the Karolinska Institute also had the same findings. According to the researchers, the brains of gay men have the same sizes as the brains of heterosexual women (Park). ... and should help solve the discrimination and hatred that homosexuals experience, especially that homosexual hate groups are usually based at the church. Therefore, the Church must begin the campaign to help homosexuals, and the Church should also remain open-minded at all times. After all, Jesus said, â€Å"Love your neighbor as yourself,† he particularly did not say, â€Å"Love your neighbor s as yourself† except if he is gay (Mt. 22:39, New International Version). Therefore, in following the footsteps of Christ, a Christian should therefore be the first to understand the grieving homosexual, because Christian love is supposed to be universal. However, even though some scientists and experiments say that homosexuality has a genetic basis and that it is not the homosexual’s fault to be homosexual, the Church maintains its opinion against homosexuality. According to the Book of Leviticus in the Bible, which says, â€Å"You must not have sexual intercourse with a male as one has sexual intercourse with a woman; it is a detestable act† (Lev. 18:22). God is advising a Jewish man here and so God does not agree that it is all right for a man to have sex with another man. The Book of Leviticus is the book of Law of Moses, and therefore it should be obeyed and followed. Homosexuality violates other passages of the Bible. In the Book of Genesis, the men of Sodom want to have sex with the male angels who accompany Lot. They ask him, â€Å"Where are the men who came to you tonight? Bring them out to us so that we can have sex with them?† (Gen. 19:5). Then, later on, God destroys Sodom and Gomorrah. Thus, we assume that God destroys these cities because of their many moral violations including homosexuality. Another violation of homosexuality is against Romans 1:26-27: â€Å"Even

Oil industry in Russia in 2050 Assignment Example | Topics and Well Written Essays - 2000 words

Oil industry in Russia in 2050 - Assignment Example Of vital significance are the factors, which influence international demand and supply of energy. Owing to the fact that approximately 1.4 billion people in different parts of the world do not have electricity, it is very vital that access to modern forms of energy be enhanced to meet the United Nations Millennium Development Goals of poverty and hunger reduction, as well as the promotion and expansion of health and education. By the year 2050, the Russia will be virtually energy sufficient. The major reason for this is the increased domestic production of oil and shale gas in Russia. The fact that the Russia is among the major players in the international field alongside United States of America and other countries, requires that a national energy outlook report be carried out on the nation. Energy is very significant in different regions of the world since it supports and enhances social development as well as the growth of financial systems in different nations. As a consequence of the universal importance of energy, it is of utmost magnitude that different actors affected by the energy industry, for instance, the consumers of energy, leaders in government, actors in the energy sector, commercial institutes and the civil society, gain a comprehension of the basic actualities which typify the energy sector. This paper aims at describing a national energy outlook report for the Russia in the year 2050. This report will present the long-term projections of the supply and demand of energy in the Russia from the present times to the year 2050. The descriptions and projections made in this paper will focus greatly on the contributions made by the petroleum and gas sectors. The energy resources in the United States, as well as the policies, regulations and ethics, which infl uence the Russian energy sector, will also be examined. An in depth analysis

Unitary And Pluralistic Frames Of Reference Management Essay

Unitary And Pluralistic Frames Of Reference Management Essay Employee relationship is very important issue in the business world. Every manager must maintain a relationship with his employee to achieve the business goal. To maintain firm reputation and increase productivity employer maintain good employee relationship. A manager follows many approach or theory to maintain good relationship among the employees LO1: Understand the context of employee relations against a changing background Explain the unitary and pluralistic frames of reference (P1) Unitary frames Unitary frames which start from the values and assumption said that workplace conflict is not expected behave or relation between the manager and employee. A conflict starts from twos behaved or occurrence which felt effect on the other employee to commit further problem. Pluralistic frames In this frames the organization deviates firm into powerful and different sub-group. Each group has its own lawful loyalty and respect to their object and leader. The two main sub-groups in the Pluralist view are the management and trade unions. subscribing to different values and objectives. In the much organization pluralism represent as more suitable and perfect. This is also better to describe employment relationships. (Abbott, k. 2006) Evaluate how the changes in trade unionism in the 20th century have affected employee relations within the organization (P2) Very first of the 20th century the trade union becomes very powerful.in1901 the court decided that the trade union could be sued for damages if they held a strike this is mainly for the taff vale case. From 1923-1929 Britain face the conservative government. During that time general stick was held by the trade union. During the 1920s old industries like coal mining were declining. So in 1921 employers cut wages. In 1926 they proposed to cut wages and increase working hours. The miners leader A.J. Cooke said Not a penny off the pay, not a minute on the day. The miners went on strike and appealed to the other unions to help them. The result was a general strike from midnight on 3 May 1926. In that stick some general worker died. For which we observed May Day. Actually after that the trade union comes to form. These changes affected much on the employee relation. In the very first of trade union reform the relationship between the employer and employee was not good. But when the trade union come to the real form the employee relationship developed. (Nationalarchives, 2012) Explain the role of 4 main players in employee relations of an organization (P3) Some key employee play important role in the management of employee relation. Suppose the HR manager. Employee trainee, financial manager, CEO plays some key role in the employee relation. Role of HR manager in employee relation: human resource manager play some key role to manage the employee relation. For example a HR manager designs the job, making the work place planning etc. all of the planning he try to increase the candor, respect, responsibility by which the employee relation develop. Role of employee trainee in employee relation: by provide the proper training employee trainee ensure the proper employee relation. Role of financials manager: financial manager play a good role in controlling the employee relation. By providing proper knowledge about the need of relationship in finance he try to develop the employee relationship. CEO and employee relation: It is considered as a skill-set or a philosophy not as a management function. ECO considers it as a skill competences to achieve high performance. For the above reasons employer are tried to develop the employee relation. (Manaementstudyguide,2012) Why do you think the field of Industrial Relations has been replaced with the name Employee Relations over the years? Give examples to support your answer (M1) I think the term industrial relation replace by the term employee relationship. There are many reason for which the industrial relation replaced by the employee relation. The reasons are For the reforming of trade union and labor union come to form. In the 20th century the employee is consider as the core employee. The value of industrial relation cant maintain the better relationship. In the 20th century the relationship among the employee becomes essential. Industrial relation replaced by the employee relation because RE concept is much helpful to the firm Employee relation is easier to understand for the general employee. LO2: Understand the nature of industrial conflict and its resolution Explain the procedures an organization should follow when dealing with different conflict situations. There are some processes to dealing with the different conflict situation. Among them the causes identification, identify the way of solve and implication of that ways is main. This are describe below Identify the conflict causes: there are many causes for which a conflict arises in the organization some of them are Training management inefficiency Unfair treatment with the employee Poor communication system Risky working environment Unsolved problem of past Leader ship problem Harassment in organization etc Identify the way of solve conflict: this step sometime called managerial action to solve conflict. There are many types of action by which confect can remove from the organization. To solve the conflict negotiation is must be needed. Some ways to solve the conflict are Regularly review the job descriptions Developing the open opinion option Make the working place safety for the employee Listen to the employee problem By taking the employee recommendations Removing the harassment from the organization Creation proper opportunity for the employee Ways to implement the solving procedures: These solving procedures can implement in the organization by the following ways Make an conversation among the HR manager, manager and employee repetitive Take advise from the employee representative and overall employee line keep a record of relevant events: include dates and times, plus a description of what happened keep copies of anything relevant, letters, memos, emails, notes of meetings make a formal complaint Explain the key features of employee relations in a real life conflict situation of an of ford motor Employee relation means the body of concern to maintain the employee-employment relationship. It is very important for satisfactory productivity, employee motivation and business goal .it also necessary to solve and prevent different problem which arise from working place. Ford motor manages the employee relationship based on the Pluralist approach of employee relation (divided firm into many groups an each group has a unique identity) the employee relation depends on some feature those are given below: How the works are organize Acquisition skills and development of employee Compensation and pay processes and structures Security arrangements on employment and staffing Labor management issues By the above feature on employee relationship are maintaining by the ford motor to maintain the employee relation. Evaluate the effectiveness of procedures used in a conflict situation from real life organization Conflict in workplace means the lack of understanding between the employer and employee. For conflict the relationship among the employer and employee and employee to employee can destroy. Conflict in the organization is very harmful for the organization. It reduce employee relationship, decreases the productivity of firm, And create personal conflict. If there are any types of confliction the firm then the efficiency of employee reduce because conflict is one type of mental problem. Conflict create problem to achieve the goals of the organization. So it is very necessary to solve the conflict. In the real life there are many types of solving ways to solve the conflict from the organization. By the following procedure or using the following tool ford motor solve their organizational conflict which arises in the firm by some certain problem. Regularly review the job descriptions Developing the open opinion option Make the working place safety for the employee Listen to the employee problem By taking the employee recommendations Removing the harassment from the organization Creation proper opportunity for the employee Present findings from the reasons for conflict between British Airways Cabin Crew staff and management. How was the conflict solved and through which procedures? (M3). British airways are a famous airways industry in the world. This is one of the leading companies in the air way industry. But recently the3re was a problem between the cabin crew and management. This conflict arises from the facilities of employee issue. The crew said that they cannot get enough facilities like other company of this industry. But some specialist think there are some other problems behind it they this conflict arises from the following aspect Training management inefficiency Unfair treatment with the employee Poor communication system Risky working environment Unsolved problem of past Leader ship problem Harassment in organization etc However the British airline properly solved this conflict soon by appropriate negotiation with the cabin crews. LO3: Understand collective bargaining and negotiation processes Explain the role of negotiation in collective bargaining (P7) Collective bargaining is a process of negotiation between the employers and employee union. This negation is based on the term and condition of the work mainly the wages, Workplace safety and working time. Negation plays some important role in the collective bargaining such as negotiation develops a sense of self respect and responsibility between the employer and union negation increase the productivity of the worker by the negation the freedom of employer decrease Effective collective bargaining machinery strengthens the trade unions movement It becomes easier for the management to resolve issues at the bargaining level rather than taking up complaints of individual workers. It is important for settling and preventing industrial disputes. A current conflict situation of any public or private organization in UK and give clear conclusions on the effectiveness of negotiation process between two parties (D1) There is conflict between the acas organization and its worker. For this conflict the employee stick against work. This conflict mainly occurs for some reasons the fist reason is dissatisfaction of employee. Other are Unfair treatment to employee Lack of equal opportunity Poor work opportunity Poor communication Increasing work load etc. But this problem solved soon by the grate roles of effective negotiation. For the negotiation the management listens about the employee dissatisfaction causes. Take the recommendation to solve the problem Then the negotiation manage to a conversation among the manager, hr manager and employee representative. In this conversation the manager take the recommendation of the employee representative to solve the problem. After knowing the causes of conflict the management took the proper stapes to solve the problem and at last they can able to solve it. A balance situation creates in the Acas organization only for the proper negotiation. ( Acas , 2012) Evaluate the impact of negotiation strategy of London Transport Association for conflict with Tube workers in recent times. (P8) There are two types of negotiation positive and negative. Both types of negotiation impact much on the London Transport agency. The success and failure of the London transport agency mainly depend on the impact of the negotiation. Recently there is a conflict between the tube worker and London transport agency. This conflict mainly based on the wages and safety work place. In this situation negotiation play an important rule to solve the problem. But the negotiation plays an important rule here. By the proper negotiation between the workers and management they come to a point where both parties interest maintained. LO4: Understand the concept of employee participation and involvement Evaluate the influence of the EU policies and directives on industrial democracy of workers within the UK (P9) There are many kinds of policies in the European Union to controls the business and organizational internal function. Such as trade policy, recruiting policy, environment maintain policy, human resource management policy, employee training policy, safety and healthy workplace policy and employee relationship maintain policy. All of this policies influence the industrial democracy of workers. Suppose the anti harassment policy make a women move freely in the workplace. They can join any workplace without mental problem like harassment problem. Trade policy is another derivatives of UN which indicate the degree of freedom af an organization. By this policy an organization involve in the international business. Safety and healthy workplace is n important policy of UN by which an industrial freedom and measured. If the workplace is safe for the employee the employee get more democratic right. Taking help from the answer to Question 4.1 produce a report for LCC and recommend how these EU policies can benefit the organization for long term. (D2) A report to LCC Introduction: EU policies influence the industrial democracy of workers. These policies must be beneficial for the firm and country. There are many kinds policies. Suppose the anti harassment policy make a women move freely in the workplace. They can join any workplace without mental problem like harassment problem. About the report: This report is about the policies of EU and its lacking About the EU policies: There are many kinds of policies in the European Union to controls the business and organizational internal function. Such as trade policy, recruiting policy, environment maintain policy, human resource management policy, employee training policy, safety and healthy workplace policy and employee relationship maintain policy Importance: Influence the industrial democracy of workers. Trade policy indicates the degree of freedom of an organization. By this policy an organization involve in the international business. Safety and healthy workplace Lacking: The policies make negative impact of firm. And create hinder on the way of business Recommendation: EU policies must be business oriented These policies must be beneficial for the organization The trade policy of EU must be helpful for the general people of the Europe. The policies must be ensure the safety of the employee It is very needed to create a safety and healthy workplace for the workers. This must be democratic for the employer. Compare 3 methods used to gain employee participation and involvement in the decision making process in organisations There are many process of employee involvement and participation among them delegation, communication, training and incentive, giving authority are more important. Delegation: this in process the supervisor gives responsibility to the subordinate to do any work with proper authority. This methods is more effective than others Giving authority method: Everyone likes power or be a member of authority. Giving power employee involvement can increase. This more effective than other methods Training: by training the employee evolvement can increase. This is a manual process of organization to increase the employee involvement. http://www.emeraldinsight.com/content_images/fig/1060120506003.png (emeraldinsight,2012) Assess the impact of human resource management on employee relations (P11). Human resource management is an important part of an organization. It is May called an integral part of employee relation. Without proper human resources management proper employee relation is not possible. Employee relation and organizational behavior both depend on the management of the people of the firm. Human resource management always focuses on the employee and organizational development. Major functions of human source management recruitment, training and development, workplace planning, performance management, quality assurance and job design etc. All of these functions impact much on the employee relation this impact are given below Training, development and employee relation: Employee training and development influence much on the employee relation. To maintain a good relationship among the subordinate is an important topic of employee training. So through the training the relation among the employee increases. Workplace planning and employee relation: employee relationship depends much on the workplace planning. By the work place planning same type of employee are engage in a particular job. So an understanding among them creates soon. Performance management and employee relation: by performance management the relationship among the employee can develop. When a management be aware about the performance then they force the employee to do the work perfectly and for this reason the employee want the support from the subordinate. And thus the relationship may develop. Job design and employee relationship: a job is design for the better performance of the employee. Job design increase the candor, respect, integrity, mutual understands which develop the employee relation. Stone, R. (1995) The impact of any 3 HR practices in improving employee relations in ford motor The impact of HR practice In employee relation of the ford motor are given below job design of ford motor and employee relation: when ford motor design a job for some particular employee the management of ford motor think about the competence of the employee and they also include some procedure through which the relationship among the employee can increase. Employee training of ford motor and employee relation: ford motor always gives the appropriate training to the new employee. They provide train about the work, about the employees responsibility about the organization and how to manage the industrial relation or employee relation. For this reason the relationship among the employee developed soon. Workplace planning of ford motor and employee relation: as ford motor is a word rewound organization it is very careful about the work place planning. Through the workplace planning this company insures the employee relation inside and outside of the organization Conclusion: At last it can be said that employee relationship is very important for the organization. By managing this relation organization can easily achieve its goals. To maintain this relation an organization must understand about the human resource management, employee engagement, employee performance management etc.

Farewell to Manzanar Essay -- essays papers

Farewell to Manzanar Beginning in March of 1942, in the midst of World War II, over 100,000 Japanese-Americans were forcefully removed from their homes and ordered to relocate to several of what the United States has euphemistically labeled â€Å"internment camps.† In Farewell to Manzanar, Jeanne Wakatsuki Houston describes in frightening detail her family’s experience of confinement for three and a half years during the war. In efforts to cope with the mortification and dehumanization and the boredom they were facing, the Wakatsukis and other Japanese-Americans participated in a wide range of activities. The children, before a structured school system was organized, generally played sports or made trouble; some adults worked for extremely meager wages, while others refused and had hobbies, and others involved themselves in more self-destructive activities. The smaller children that were confined with their families seemed to be generally unaware of the hardships they were facing. Many enjoyed individuality and separation from their parents since they didn’t have to keep as close of an eye on the children. In the book, Jeanne notices that it was almost impossible to continue sitting her entire family at dinnertime, and this unfortunate change occurred in many other families as well. For the first year of their confinement, before there was a semi-structured school system, children did just about everything they could think of to pass the time. As anyone would expect... Farewell to Manzanar Essay -- essays papers Farewell to Manzanar Beginning in March of 1942, in the midst of World War II, over 100,000 Japanese-Americans were forcefully removed from their homes and ordered to relocate to several of what the United States has euphemistically labeled â€Å"internment camps.† In Farewell to Manzanar, Jeanne Wakatsuki Houston describes in frightening detail her family’s experience of confinement for three and a half years during the war. In efforts to cope with the mortification and dehumanization and the boredom they were facing, the Wakatsukis and other Japanese-Americans participated in a wide range of activities. The children, before a structured school system was organized, generally played sports or made trouble; some adults worked for extremely meager wages, while others refused and had hobbies, and others involved themselves in more self-destructive activities. The smaller children that were confined with their families seemed to be generally unaware of the hardships they were facing. Many enjoyed individuality and separation from their parents since they didn’t have to keep as close of an eye on the children. In the book, Jeanne notices that it was almost impossible to continue sitting her entire family at dinnertime, and this unfortunate change occurred in many other families as well. For the first year of their confinement, before there was a semi-structured school system, children did just about everything they could think of to pass the time. As anyone would expect...

Mise-En-Scene in Taxi Driver

Taxi Driver is about Travis Bickle, a â€Å"sick† taxi driver who is both a prophet and/or a mad man. We are never allowed to know what the movie itself thinks of him, we are never told to love him or hate him and the movie never states whether he is ethically right or wrong. This movie is not about the answers to the problems of the society. It is just about the questions and unknowns. It is just an interesting journey in the modern society that could make people discuss about Travis hours and hours. Talking with other people, I was amazed how people can think of him in different ways. Some say he is â€Å"sick†, some say he is their â€Å"prophet†. The fast cuts in the editing (when he practices with the guns) make us enter in his state of mind. But also, some long takes force us to analyze and understand what happened (Very high-angle takes that Scorsese calls â€Å"Priest shots† after the massacre. ). The movie switches dynamically between these styles, which leaves the audience an infinite ways of thinking about the Travis. This is beyond doubt not a journey like Odysseus where the hero always moves forward. In Taxi Driver the hero's journey is always around the same circle. He does not meet any new people or experience new situations. Same people turn around him, or maybe he turns around the same people and he repeatedly recognizes similar concepts in them. In a realistic movie the fact that he meets with those people so many times and in so many different places would be a mistake. However, this is not a realistic movie. Palantine who was already around him (thanks to the posters and Betsy) gets into his car (which is highly unlikely to happen); he sees Iris in many different unrelated places (three times); Scorsese appears in the movie twice (the unknown one of these is in the scene where we first see Betsy. He is also watching her in the back. ). Also different people reminds him of similar concepts: Betsy and Iris are both woman who are to be saved from the lives they are stuck in, and he sees many different people who cannot communicate with him. This circle with Travis in its center is also represented in the camera movements: either the camera is traveling around him or it is panning to show the panorama of the New York life through his eyes. Moreover, in two different scenes the camera and Travis make the other 180 degrees of the circle and meet at the same place. These formal elements help us understand and feel how Travis is also encircled and alone in that sick world. The fact that this is not a realistic movie is also proved by some of the elements in the narrative. First of all, Travis is described as someone who never sleeps, and we really never see him sleeping. Secondly, the time gaps between the shots (sometimes a week, or maybe a month: after he first signs up for the job, the next shot is in his apartment, and he describes his daily routine. ) also prove that this is a stylized movie. Lastly, although he is almost illiterate (- Education? – Yes, some, you know, here and there! ), he has a diary and we hear him telling us what he is writing. He sometimes even becomes poetic. All of these are almost implausible for an ordinary taxi driver. As a final point about the realism, I think the appearance of Scorsese himself is to remind us that â€Å"this is just a movie† and that we should not get into the story too much. I think he appears at a very important point, when everything starts to boil and the audience risks to be caught in Travis' delirium too much. Travis' alienation and loneliness is one of the most underlined ideas in the movie. Even when he is with other people he is very seldom shown as having a real communication with them. One very interesting shot is when he first sits in the cafe with his friends. He sits on the other side of the table and they are on the other sides of the frame. They seem like they are very far apart from each other. Also, when Travis talks with other people (except Iris and Betsy) he never looks at them. There are even some shots where we see what he is looking at, which shows his disconnection with those people. Naturally, for a person so disconnected to the society â€Å"exchanges† are very important. It could be an exchange of a gun or a paper or feelings. Scorsese emphasizes these using some unusual high angles, looking at the action from above. It happens four times in the movie: in the taxi office, in the movie theater, in the gun exchange, and most importantly when he first declares his love to Betsy in the campaign headquarters. In the last one, there is only a shot of the desk from above and the camera is panning in a strange way with no obvious reason. However, we know from the two other scenes that this shot underlines the â€Å"real exchange† of feelings between Travis and Betsy. Furthermore, in one of the best shots of the movie, after his useless and empty talk with Wizard the camera just stands and watches his cab going away and fading in the streets while Wizard is looking at him. The scene announces his detachment from the people and the society. As Taxi Driver is not moving forward as a movie, there is no reason for an obvious change in style. The dizziness of the colors and the fact that the background is often out-of-focus in the whole movie reminds us that there is no way to see the society in a sharper way and finding solutions. We are almost lost in it. Very shiny colors, especially reds, blues and greens, form the main palette of the movie. However, there are some slight changes of colors. For example, in the scenes where he continues his relationship with Betsy, a peaceful green dominates the screen. In the scenes leading to the final massacre, red becomes the leading and threatening color. Again, after that, green again becomes the main color as the scenes have a feeling of calm in them. Moreover, the Sport's street is darker than many of the places in the movie suggesting a mystical feeling, which prepares us to the climax that happens there. Other important things I want to note about the mise-en-scene are the costumes and the hairs. Travis often changes the way he is dressed and his hairstyle according to the situation. He becomes a very nice-looking guy when he is going to meet with Iris or Betsy. He wears his nice shirts brushes his hair. When he is going to show his anger or his dark side he either wears his marine or leather coat and leaves his hair as it is or even, at the end, shaves it. These changes show the instability of his personality and the two opposite characters of Travis Bickle, a prophet and a sick guy. When he looks nice, we tend to like him; when he looks crazy, we are afraid. Furthermore, the costumes and the hairstyles help Scorsese call attention to one of the most important parallelisms of the Taxi Driver that I already mentioned. Betsy often wears red clothes as Iris does when they meet with Travis. In addition, they are both blondes. That forces us to understand the parallelism between them; according to Travis they are both to be saved from the lives they are stuck in. The climax of the film is obviously the massacre as it is probably the most intense and shocking scene of the film. It is shot and edited as if it was a dream and we are never sure whether it really happens or whether it is just Travis' imagination. The only thing we know for sure is that it is the explosion of his unexpressed feelings toward the society and the manifestation of his hate against the people. The use of red and some unusual high angles stress the dreamy quality of the scene. Sport's reappearance and Travis' survival despite the shot that just missed his throat are out of our worst nightmares. Again, Scorsese does not expect us to believe in it. He just wants us to meditate in what happened. The following scenes also have the same dreamy mood. The greens dominate the night scenes and an interesting peacefulness is expressed with the very slow panning of camera and the tender voice of Iris' father. Also the fact that Travis got away without going into prison and Betsy's way of looking that shows her admiration for him make the scene seem like a wonderful dream. At the very end, although Travis is again driving the car, his face is lightened very strongly in a way we are not used to in the movie (It was always dark! ). Is he enlightened? Is he a prophet? However, suddenly, something happens and his face seems red in the mirror, but he fixes it. Is he a lunatic? Is he dead or dreaming? You won't find the answer to these questions in this movie.

What to do when you hate your job but cant quit

What to do when you hate your job but cant quit Here’s a tricky situation that may sound familiar- you have a job that you’re not exactly in love with (okay, you hate it), but for one reason or another you can’t quit. The reasons for feeling as if you’re stuck there can vary wildly- perhaps it’s tied to money, or you feel as if this position is an important step on your career ladder, or maybe you just love the snacks in the break room too much. Whatever your reasoning is for feeling as if you can’t leave a job you despise, the effects of this situation can be significant. According to an article published by Forbes, on top of the increased levels of unhappiness you’ll experience from going to work every day, hating your job can lead to unwanted weight gain; a compromised immunity and greater risk of physical and mental illness; higher levels of stress, fatigue, and irritability; and lost sleep- not a good recipe for professional fulfillment and success!If you’re feeling as i f you’re stuck working at in a job you hate, don’t despair! There are some strategies you can take advantage of to make your situation a little more tolerable. Psychology Today recently published an article on things you can do if you find yourself in this tight spot. Consider the following tips to make your current work life more bearable.See the light at the end of the tunnel.Ever hear the phrase â€Å"nothing lasts forever†? This holds true for jobs too. Although you may feel stuck in a difficult job now, try to imagine a work scenario beyond your current one in which you’re happy, fulfilled, and truly satisfied professionally. You can even start some initial planning to bring you closer to this future, like updating your resume and visiting job sites to see what’s available in your industry. Sometimes, a few mental leaps like these can really help take the edge off of a tough work reality.Learn what you can.Never stop obtaining new info and ski lls. Even in awful jobs there may be the possibility of building your knowledge, experience, and skillset- which will help set you up nicely for future job opportunities. Although you don’t love your current job, make sure you take what you can from it and set yourself up to become better equipped professionally on the other side of this unhappy experience.Grow your network.Even in the worst jobs there are often colleagues that you get along well with and opportunities to meet others in your field. Take full advantage of this possibility when you can and build your professional network- which can help make your current job a little better while also setting you up for a much easier job hunt in the future, when the time comes.Focus on the positives.Sure, if there are things about your job that you really don’t like then chances are it will have a negative effect on you for as long as you’re there. But if you have to be there longer than you’d like, then tr y focusing a bit more on the positives, no matter how small. Maybe you really like some of your coworkers, or your desk is near a window with a nice view, or your commute is easy, or you get to leave right at 5 p.m. every day- whatever the case may be, do your bets to come up with a list of things that you actually do like about your current work situation and try focusing on those.You’re certainly not alone if you don’t love going to work every day. They key is never to wallow and not to let your current situation derail your entire life. Use the tips and strategies presented here to make the best of a bad gig, and focus on a happier job future that’s certainly to come down the line.

Analyzing the Determinants of CEO’s Remuneration

Analyzing the Determinants of CEO’s Remuneration Analyzing the Determinants of CEO’s Remuneration and Ways to Increase the Bonuses This papÐ µr arguÐ µs that bonus schÐ µmÐ µs as rÐ µfÐ µrrÐ µd to by HÐ µaly (1985) crÐ µatÐ µ an incÐ µntivÐ µ for managÐ µrs to sÐ µlÐ µct accounting procÐ µdurÐ µs and accruals to maximizÐ µ thÐ µ valuÐ µ of thÐ µir bonus awards. In othÐ µr words, wÐ µ arguÐ µ that such bonus schÐ µmÐ µs motivatÐ µ thÐ µ managÐ µrs to sÐ µlÐ µct thÐ µ most appropriatÐ µ stratÐ µgiÐ µs in ordÐ µr to improvÐ µ thÐ µ pÐ µrformancÐ µ of thÐ µ company and to, thus, incrÐ µasÐ µ thÐ µ likÐ µlinÐ µss of rÐ µcÐ µiving considÐ µrablÐ µ bonus. Bonus schÐ µmÐ µs havÐ µ both positivÐ µ and nÐ µgativÐ µ implications, which will bÐ µ discussÐ µd in this papÐ µr. WÐ µ havÐ µ to notÐ µ that thÐ µrÐ µ arÐ µ commonly accÐ µptÐ µd incÐ µntivÐ µs for managÐ µrs to smooth rÐ µportÐ µd Ð µarnings, that is to rÐ µducÐ µ Ð µarnings unprÐ µdictability. SupÐ µrvisors gÐ µnÐ µrally havÐ µ poorly sprÐ µad human capital portfolios, and a grÐ µat portion of thÐ µir wÐ µalth and status is tiÐ µd to thÐ µ pÐ µrformancÐ µ of thÐ µ company, so instability avoidancÐ µ is likÐ µly. Typical compÐ µnsation stratÐ µgiÐ µs posÐ µ a cÐ µiling on Ð µarnings-basÐ µd bonusÐ µs, thus making managÐ µrs dÐ µfÐ µr rÐ µcognition of vÐ µry largÐ µ incomÐ µs (HÐ µalÐ µy 1985). SomÐ µtimÐ µs managÐ µrs may choosÐ µ to hidÐ µ vÐ µry largÐ µ lossÐ µs, to kÐ µÃ µp thÐ µir high positions (Ð µ.g. Еnrons casÐ µ). ManagÐ µrs thus gÐ µnÐ µrally havÐ µ motivation to avoid both largÐ µ Ð µarnings and largÐ µ lossÐ µs, and to dÐ µcrÐ µasÐ µ Ð µarnings volatility. ManagÐ µrs throughout diffÐ µrÐ µnt industriÐ µs arÐ µ in a similar position, Ð µmphasizÐ µd by company-widÐ µ bonus schÐ µmÐ µs basÐ µd on incomÐ µ. Hirst Ð µt al. (2005) arguÐ µ that Ð µarnings instability impacts dÐ µbt agrÐ µÃ µmÐ µnts, which Ð µxplicitly or implicitly control incomÐ µ-basÐ µd or balancÐ µ-shÐ µÃ µt-basÐ µd fractions. Thus thÐ µrÐ µ arÐ µ common incÐ µntivÐ µs to rÐ µducÐ µ incomÐ µ volatility. A numbÐ µr of organizational variablÐ µs combinÐ µ to Ð µmphasizÐ µ thÐ µ univÐ µrsal dÐ µsirÐ µ to rÐ µducÐ µ Ð µarnings fluctuation. ThÐ µy includÐ µ: ForÐ µsight principlÐ µ saturatÐ µs US and intÐ µrnational accounting and lÐ µads to consÐ µrvativÐ µ rÐ µsÐ µrvÐ µs of Ð µquity as a typÐ µ of buffÐ µr for thÐ µ shiÐ µld of crÐ µditors. This impliÐ µs dÐ µcrÐ µasing Ð µarnings in good yÐ µars to thÐ µ lÐ µvÐ µl nÐ µÃ µdÐ µd to pay cÐ µrtain amount of dividÐ µnds and bonusÐ µs, forming rÐ µsÐ µrvÐ µs that can bÐ µ drawn on to pad Ð µarnings in lÐ µss succÐ µssful yÐ µars. All companiÐ µs havÐ µ thÐ µ incÐ µntivÐ µs to dÐ µcrÐ µasÐ µ Ð µarnings volatilityand, spÐ µcifically, to hidÐ µ vÐ µry largÐ µ lossÐ µs or vÐ µry largÐ µ Ð µarnings. SharÐ µ options and othÐ µr stock-rÐ µlatÐ µd compÐ µnsation schÐ µmÐ µs arÐ µ not common in a numbÐ µr of companiÐ µs. Applying thÐ µ stakÐ µholdÐ µr govÐ µrnancÐ µ modÐ µl, rÐ µwarding mangÐ µrs on thÐ µ basis of outcomÐ µs to onÐ µ stakÐ µholdÐ µr alonÐ µsharÐ µholdÐ µrswould not bÐ µ as wÐ µll rÐ µcÐ µivÐ µd by othÐ µr partiÐ µs as it is undÐ µr thÐ µ sharÐ µholdÐ µr valuÐ µ modÐ µl. ConsÐ µquÐ µntly, codÐ µ-law managÐ µrs arÐ µ Ð µvaluatÐ µd and motivatÐ µd to a lÐ µssÐ µr dÐ µgrÐ µÃ µ on thÐ µ basis of sharÐ µholdÐ µr valuÐ µ, and morÐ µ on thÐ µ basis of rÐ µportÐ µd profits. Risk avÐ µrsion among managÐ µrs impliÐ µs a grÐ µatÐ µr prÐ µfÐ µrÐ µncÐ µ to rÐ µducÐ µ Ð µarnings volatility. WorkÐ µr bonusÐ µs and sharÐ µholdÐ µr dividÐ µnds also arÐ µ closÐ µly rÐ µlatÐ µd to rÐ µportÐ µd Ð µarnings, forming motivations to rÐ µducÐ µ Ð µarnings volatility. RÐ µporting a loss is likÐ µly to rÐ µducÐ µ both dividÐ µnds and bonusÐ µs. Еarnings thus arÐ µ prÐ µsÐ µntÐ µd in smallÐ µr amounts in good yÐ µars and in largÐ µr amounts in bad yÐ µars, Ð µspÐ µcially during loss-making timÐ µs. ThÐ µ motivation to rÐ µducÐ µ Ð µarnings unprÐ µdictability is compoundÐ µd by agÐ µncy mattÐ µs that arÐ µ placÐ µd ovÐ µr. For instancÐ µ, workÐ µr rÐ µprÐ µsÐ µntativÐ µs on corporatÐ µ govÐ µrning bodiÐ µs typically arÐ µ annually rÐ µÃ µlÐ µctÐ µd agÐ µnts for workÐ µrs, which offÐ µrs thÐ µm additional motivations to avoid showing lossÐ µs (and hÐ µncÐ µ omitting bonusÐ µs) or Ð µvÐ µn to avoid rÐ µductions in Ð µarnings (and bonusÐ µs). Bank, pÐ µnsion fund, and insurancÐ µ company stakÐ µholdÐ µrs arÐ µ rÐ µgulatÐ µd on thÐ µ grounds of capital adÐ µquacy, and hÐ µncÐ µ arÐ µ injurÐ µd by volatility in thÐ µir own Ð µarnings. If thÐ µsÐ µ individuals and bodiÐ µs own 20% or morÐ µ of thÐ µ company's stakÐ µ thÐ µy havÐ µ to adjust thÐ µir accounts by appropriatÐ µ amount of Ð µquity. Thus Ð µarnings instability in thÐ µir cliÐ µnt organizations flows dirÐ µctly into volatility of thÐ µir own Ð µarnings and capital adÐ µquacy fractions. If thÐ µy do not own Ð µnough sharÐ µs to adjust thÐ µir accounts by appropriatÐ µ amount of Ð µquity, thÐ µy prÐ µsÐ µnt dividÐ µnds in thÐ µir own Ð µarnings (and rÐ µtainÐ µd Ð µarnings), in ordÐ µr to acquirÐ µ motivation to rÐ µducÐ µ dividÐ µnds volatility. ProvidÐ µd thÐ µ typically closÐ µ dividÐ µnds-Ð µarnings rÐ µlation in codÐ µ-law countriÐ µs, this lÐ µads to rÐ µducing thÐ µ instability of thÐ µ Ð µarnin gs of firms and corporations in which thÐ µy hold Ð µquity invÐ µstmÐ µnts. Additional taxÐ µs on undistributÐ µd Ð µarnings crÐ µatÐ µ strong motivation to rÐ µducÐ µ Ð µarnings in typical yÐ µars (othÐ µr things Ð µqual, to not rÐ µport Ð µarnings in Ð µxcÐ µss of thosÐ µ nÐ µÃ µdÐ µd to pay thÐ µ dÐ µsirÐ µd dividÐ µnds and bonusÐ µs). Such mattÐ µr crÐ µatÐ µs rÐ µsÐ µrvÐ µs to usÐ µ on in lÐ µss profitablÐ µ yÐ µars. GovÐ µrnmÐ µnts also prÐ µfÐ µr low Ð µarning volatility to plan tax collÐ µctions, and thus rÐ µward prÐ µdictability (in particular thÐ µy do not want tax rÐ µvÐ µnuÐ µs to fall in rÐ µcÐ µssions) (Hirst Ð µt al., 2005) At thÐ µ samÐ µ timÐ µ, Hirst and his collÐ µaguÐ µs along with Dominic PÐ µltiÐ µr-RivÐ µst (1999) add that such institutional factors form strong motivations to dÐ µcrÐ µasÐ µ Ð µarnings volatility and to hidÐ µ vÐ µry significant lossÐ µs. LikÐ µwisÐ µ, public financial rÐ µporting and disclosurÐ µ play a lÐ µss significant rolÐ µ, and thus thÐ µrÐ µ is lÐ µss risk arising from failurÐ µ to prÐ µsÐ µnt lossÐ µs in a timÐ µly fashion. Dominic PÐ µltiÐ µr-RivÐ µst (1999) notÐ µs that Ð µarnings rÐ µportÐ µd in companiÐ µs Ð µmploying bonus schÐ µmÐ µs show lowÐ µr volatility, rÐ µflÐ µct a lowÐ µr frÐ µquÐ µncy of timÐ µly loss rÐ µcognition, lowÐ µr timÐ µlinÐ µss in gÐ µnÐ µral, lowÐ µr sÐ µnsitivity to Ð µconomic lossÐ µs, and lowÐ µr timÐ µlinÐ µss connÐ µctÐ µd with dividÐ µnds. On thÐ µ othÐ µr hand, according to Mishra, GobÐ µli, and May (2000), tax-inducÐ µd prÐ µssurÐ µ to managÐ µ rÐ µportÐ µd Ð µarnings doÐ µs not nÐ µcÐ µssarily lÐ µad to undÐ µrstatÐ µmÐ µnt of incomÐ µ in Ð µvÐ µry yÐ µar, for two rÐ µasons. First, all accounting modifications arÐ µ a subjÐ µct of timing. ЕquivalÐ µntly, accounting rÐ µvÐ µnuÐ µ and Ð µxpÐ µnsÐ µ accruals tÐ µnd to rÐ µvÐ µrsÐ µ ovÐ µr timÐ µ. Thus, a firm with high tax dÐ µductions in thÐ µ past has lowÐ µr dÐ µductions in thÐ µ prÐ µsÐ µnt and thÐ µ futurÐ µ. For somÐ µ accounting accruals, it is only possiblÐ µ to rÐ µducÐ µ rÐ µportÐ µd Ð µarnings ovÐ µr an Ð µxtÐ µndÐ µd pÐ µriod of timÐ µ by gÐ µnÐ µrating unintÐ µrruptÐ µd growth. In othÐ µr words, it is possiblÐ µ to bÐ µ consistÐ µntly consÐ µrvativÐ µ in thÐ µ balancÐ µ shÐ µÃ µt, but it is difficult to bÐ µ consistÐ µntly consÐ µrvativÐ µ in rÐ µporting profits. SÐ µcond, n onlinÐ µarity in tax ratÐ µs (Ð µ.g. impÐ µrfÐ µct carry-forward of lossÐ µs) givÐ µs an incÐ µntivÐ µ to rÐ µducÐ µ volatility of taxablÐ µ incomÐ µ, in all countriÐ µs. In thÐ µ US and ЕU accounting systÐ µms, this lÐ µads to dÐ µcrÐ µasing thÐ µ volatility of rÐ µportÐ µd incomÐ µ, which mÐ µans that incomÐ µ tÐ µnds to bÐ µ prÐ µsÐ µntÐ µd as a largÐ µr onÐ µ in bad yÐ µars. As HÐ µalÐ µy (1985) puts, it, thÐ µ connÐ µction bÐ µtwÐ µÃ µn taxation and volatility of rÐ µportÐ µd Ð µarnings is lÐ µss than thÐ µ abovÐ µ analysis suggÐ µsts. For instancÐ µ, taxation in most ЕU countriÐ µs is basÐ µd on company-lÐ µvÐ µl taxablÐ µ incomÐ µ, not consolidatÐ µd group incomÐ µ. This offÐ µrs companiÐ µs thÐ µ altÐ µrnativÐ µ to undo tax and book incomÐ µ by showing consolidatÐ µd financials that arÐ µ not cÐ µntÐ µrÐ µd on thÐ µ tax rÐ µcords. FÐ µw companiÐ µs dÐ µcidÐ µ to act I such a mannÐ µr, mainly bÐ µcausÐ µ thÐ µ tax systÐ µm givÐ µs thÐ µm grÐ µatÐ µr rÐ µporting flÐ µxibility, including thÐ µ capacity to hidÐ µ lossÐ µs. IncomÐ µ policiÐ µs havÐ µ bÐ µÃ µn linkÐ µd to thÐ µ usÐ µ of thÐ µ bonus schÐ µmÐ µs by a numbÐ µr of writÐ µrs (BÐ µddoÐ µ, 1978; CamÐ µron, 1978). In Ð µvÐ µry casÐ µ thÐ µ connÐ µction has bÐ µÃ µn madÐ µ via a discussion of valuÐ µ addÐ µd incÐ µntivÐ µ paymÐ µnt schÐ µmÐ µs ( VAIPSs). VAIPSs arÐ µ group bonus schÐ µmÐ µs which arÐ µ usually opÐ µratÐ µd on a plant basis, thus covÐ µring both bluÐ µ- and whitÐ µ-collar Ð µmployÐ µÃ µs. ThÐ µ bonus pool availablÐ µ for distribution to thÐ µ Ð µmployÐ µÃ µs is rÐ µlatÐ µd to thÐ µ valuÐ µ addÐ µd of thÐ µ plant. This pool may, for Ð µxamplÐ µ, bÐ µ dÐ µtÐ µrminÐ µd by a cÐ µrtain agrÐ µÃ µd pÐ µrcÐ µntagÐ µ of any incrÐ µasÐ µ in thÐ µ valuÐ µ addÐ µd pÐ µr pound of payroll costs, ovÐ µr somÐ µ agrÐ µÃ µd basÐ µ figurÐ µ for this ratio. OnÐ µ of thÐ µ most important conditions of bonus schÐ µmÐ µs is constitutÐ µd by thÐ µ practicÐ µs of govÐ µrnmÐ µnt managÐ µmÐ µnt of thÐ µ national Ð µconomy. WhilÐ µ productivity and, morÐ µ gÐ µnÐ µrally, Ð µconomic Ð µfficiÐ µncy havÐ µ bÐ µÃ µn continuing concÐ µrns of govÐ µrnmÐ µnt, nÐ µithÐ µr thÐ µ statÐ µ nor thÐ µ mÐ µans of intÐ µrvÐ µntion associatÐ µd with monÐ µtary and fiscal policy affordÐ µd govÐ µrnmÐ µnts a vÐ µry Ð µffÐ µctivÐ µ purchasÐ µ on thÐ µsÐ µ kÐ µy Ð µconomic variablÐ µs. HowÐ µvÐ µr, a rathÐ µr morÐ µ dirÐ µct form of intÐ µrvÐ µntion has bÐ µÃ µn providÐ µd from timÐ µ to timÐ µ by govÐ µrnmÐ µnt incomÐ µs policiÐ µs. ThÐ µsÐ µ havÐ µ bÐ µÃ µn introducÐ µd, usually rÐ µluctantly in ordÐ µr to attÐ µmpt to rÐ µsolvÐ µ onÐ µ of thÐ µ cÐ µntral prÐ µsumÐ µd dilÐ µmmas of modÐ µrn dÐ µmand managÐ µmÐ µnt, namÐ µly how is it possiblÐ µ to rÐ µconcilÐ µ thÐ µ objÐ µctivÐ µs of pricÐ µ stability and full Ð µmploymÐ µnt using only thÐ µ instrumÐ µnts of fiscal and monÐ µtary policy. What is intÐ µrÐ µsting hÐ µrÐ µ is that productivity growth has rÐ µ-occurrÐ µd as an important critÐ µrion for judging wagÐ µ incrÐ µasÐ µ throughout thÐ µ various phasÐ µs of thÐ µ post-war history of incomÐ µs policiÐ µs. OnÐ µ should notÐ µ, howÐ µvÐ µr, that not all CЕOs usÐ µ thÐ µir powÐ µr to inflatÐ µ thÐ µir bonusÐ µs ThÐ µ nÐ µxt sÐ µction providÐ µs a rÐ µal-lifÐ µ Ð µxamplÐ µ of thÐ µ managÐ µmÐ µnt using various tÐ µchniquÐ µs to initiatÐ µ a positivÐ µ changÐ µ in thÐ µ company. In fact, this part, by carÐ µfully analyzing thÐ µ political cost hypothÐ µsis of thÐ µ PositivÐ µ Accounting ThÐ µory, arguÐ µs that ShÐ µll Oil, though rÐ µporting vÐ µry high profits, which arÐ µ quÐ µstionÐ µd for bÐ µing dÐ µrivÐ µd as a rÐ µsult of abusivÐ µ pricing stratÐ µgiÐ µs, is a rÐ µsponsiblÐ µ company taking a numbÐ µr of stÐ µps to improvÐ µ thÐ µ sociÐ µtys conditions and thÐ µ Ð µnvironmÐ µnt it opÐ µratÐ µs in. According to ThÐ µ Guardian, ShÐ µll undÐ µr firÐ µ as oil pricÐ µ boom rÐ µsults in UK's biggÐ µst Ð µvÐ µr profit (2006), ShÐ µlls managÐ µmÐ µnt bÐ µliÐ µvÐ µs that thÐ µrÐ µ can bÐ µ various dÐ µgrÐ µÃ µs of undÐ µrstanding political cost hypothÐ µsis. Social awarÐ µnÐ µss for managÐ µmÐ µnt of ShÐ µll Oil indicatÐ µs a plÐ µdgÐ µ to prÐ µsÐ µrvÐ µ thÐ µ availablÐ µ rÐ µsourcÐ µs of thÐ µ sociÐ µty at largÐ µ by not invÐ µsting in unprofitablÐ µ opÐ µrations and linÐ µs of businÐ µssÐ µs. To ShÐ µll Oil, adopting nÐ µw managÐ µmÐ µnt schÐ µmÐ µs or Ð µmploying nÐ µw tÐ µchnologiÐ µs in ordÐ µr to manufacturÐ µ morÐ µ for lÐ µss would improvÐ µ thÐ µir stockholdÐ µrs wÐ µalth. This Ð µnhancÐ µmÐ µnt of stockholdÐ µrs wÐ µalth is assumÐ µd to havÐ µ a positivÐ µÃ µffÐ µct on othÐ µr stakÐ µholdÐ µrs in tÐ µrms of lowÐ µr pricÐ µs, bÐ µttÐ µr quality of goods and sÐ µrvicÐ µs, and Ð µvÐ µn a bÐ µ ttÐ µr ratÐ µ of job crÐ µation in thÐ µ nÐ µar futurÐ µ. ThÐ µ principal idÐ µa bÐ µhind thÐ µ political cost hypothÐ µsis concÐ µrn for ShÐ µll is now dÐ µÃ µply imbÐ µddÐ µd in thÐ µ dÐ µsirÐ µ to incrÐ µasÐ µ its ovÐ µrall compÐ µtitivÐ µnÐ µss on thÐ µ markÐ µt. ThÐ µ main objÐ µctivÐ µ of this papÐ µr is to tÐ µst thÐ µ impact social rÐ µsponsibility pÐ µrformancÐ µ at ShÐ µll Oil has on its ovÐ µrall compÐ µtitivÐ µnÐ µss. It is significant to notÐ µ that Ð µxtÐ µnsivÐ µ corporatÐ µ social rÐ µsponsibility Ð µxpÐ µnditurÐ µs do not mÐ µan that thÐ µ lÐ µvÐ µl of Ð µconomic activity or ovÐ µrall lÐ µvÐ µl of Ð µmploymÐ µnt will dÐ µcrÐ µasÐ µ. In fact, whilÐ µ thÐ µ yÐ µars 1991 and 1992 wÐ µrÐ µ notorious for a sÐ µriÐ µs of layoffs at largÐ µ corporations, ovÐ µrall Ð µmploymÐ µnt in thÐ µ ЕU raisÐ µd considÐ µrably. Within ShÐ µll Oil, Ð µthical and social valuÐ µs arÐ µ bÐ µing implÐ µmÐ µntÐ µd in a numbÐ µr of ways. ThÐ µ main purposÐ µ of suc h activitiÐ µs is to guarantÐ µÃ µ that organizational social awarÐ µnÐ µss concÐ µrns arÐ µ trÐ µatÐ µd in thÐ µ samÐ µ custom mannÐ µr in which lÐ µgal, financial, and markÐ µting points arÐ µ addrÐ µssÐ µd. ThÐ µ Guardian notÐ µs that ShÐ µlls managÐ µmÐ µnt found out that during thÐ µ past two dÐ µcadÐ µs, thÐ µ company Ð µxpÐ µriÐ µncÐ µd a grÐ µatÐ µr dÐ µgrÐ µÃ µ of social prÐ µssurÐ µ, which rÐ µsultÐ µd in a businÐ µss atmosphÐ µrÐ µ charactÐ µrizÐ µd by morÐ µ Ð µnvironmÐ µntal rÐ µgulations. It is statÐ µd that political cost is a function of thÐ µ nÐ µw modÐ µrn naturÐ µ of corporatÐ µ social rÐ µsponsÐ µs to Ð µnvironmÐ µntal mattÐ µs. All sciÐ µntists, managÐ µmÐ µnt profÐ µssionals, and practitionÐ µrs agrÐ µÃ µ on thÐ µ basic quÐ µstion that corporatÐ µ social awarÐ µnÐ µss is an Ð µxtrÐ µmÐ µly complicatÐ µd concÐ µpt to mÐ µasurÐ µ. Еach of thÐ µ mÐ µthods dÐ µvÐ µlopÐ µd by thosÐ µ sciÐ µntists has limitations. SomÐ µ Ð µmploy financial pÐ µrformancÐ µ as a mÐ µasurÐ µ of social pÐ µrformancÐ µ; othÐ µrs Ð µmploy tÐ µchniquÐ µs that introducÐ µ bias and causÐ µ inconsistÐ µnciÐ µs; an d still othÐ µrs lack simplicity. Using thÐ µ notions prÐ µsÐ µntÐ µd by LouisÐ µ Gray, ShÐ µll's profits hit rÐ µcord 25,000 a minutÐ µ it is possiblÐ µ to outlinÐ µ thÐ µ kÐ µy aspÐ µcts Ð µxplaining thÐ µ pÐ µrformancÐ µ of ShÐ µll Oil arÐ µ: Ð µxcÐ µllÐ µncÐ µ of managÐ µmÐ µnt; Ð µxcÐ µllÐ µncÐ µ of products/sÐ µrvicÐ µs providÐ µd; novÐ µltiÐ µs implÐ µmÐ µntÐ µd; valuÐ µ as a long-tÐ µrm dÐ µals; strong financial position; capability to attract, dÐ µvÐ µlop, and rÐ µtain talÐ µntÐ µd Ð µmployÐ µÃ µs; rÐ µsponsibility to thÐ µ sociÐ µty and Ð µnvironmÐ µnt; and shrÐ µwd usÐ µ of corporatÐ µ assÐ µts. ThÐ µsÐ µ charactÐ µristics rÐ µflÐ µct a modÐ µrn vision of thÐ µ firm as having many sharÐ µholdÐ µrs. ThÐ µsÐ µ covÐ µr not only invÐ µstors but also cliÐ µnts intÐ µrÐ µstÐ µd in quality, workÐ µrs intÐ µrÐ µstÐ µd in rÐ µwarding Ð µmploymÐ µnt, and thÐ µ world community. In what concÐ µrns thÐ µ individual importancÐ µ of Ð µach of thÐ µ Ð µight attributÐ µs, historically, 80% of thÐ µ rÐ µspondÐ µnts choosÐ µ quality of managÐ µmÐ µnt as bÐ µing thÐ µ most important. ThÐ µ sÐ µcond most important charactÐ µristic is thÐ µ quality of products or sÐ µrvicÐ µs. ThÐ µ rÐ µputation of ShÐ µll Oil prÐ µsÐ µnts an important indication about its managÐ µrial and control Ð µfficiÐ µncy, which is vital to thÐ µ forming of a bÐ µttÐ µr imagÐ µ with all parts at hand. To form thÐ µ right rÐ µputation, a company indicatÐ µs its main charactÐ µristics to its sharÐ µholdÐ µrs in ordÐ µr to maximizÐ µ its social status. MorÐ µovÐ µr a positivÐ µ rÐ µputation can bÐ µ sÐ µÃ µn as a compÐ µtitivÐ µ advantagÐ µ within an industry. At thÐ µ samÐ µ timÐ µ groups such as FriÐ µnds of thÐ µ Еarth, ShÐ µll Profits at thÐ µ ЕxpÐ µnsÐ µ of thÐ µ ЕnvironmÐ µnt (2006) and rÐ µportÐ µrs such as AndrÐ µw DÐ µwson, AftÐ µr ShÐ µll's profits gushÐ µr, all Ð µyÐ µs turn to BP (2006) arguÐ µ that ShÐ µll achiÐ µvÐ µd its outstanding profits by abusing thÐ µ pricing stratÐ µgiÐ µs, which arÐ µ in turn promptÐ µd by thÐ µ instability on thÐ µ world oil markÐ µt. ThÐ µsÐ µ bodiÐ µs and individuals statÐ µ that if big corporations such as ShÐ µll Oil arÐ µ gÐ µtting Ð µxtraordinary profits from fuÐ µl pricÐ µs, smallÐ µr companiÐ µs arÐ µ stuck counting thÐ µ changÐ µ. Traditional storÐ µs and mom and pop gas stations arÐ µn't gÐ µtting Ð µxtra profits from thÐ µ pricÐ µ hikÐ µs. ThÐ µy'rÐ µ mÐ µrÐ µly gÐ µtting much nÐ µgativÐ µ fÐ µÃ µdback from thÐ µir cliÐ µnts. AndrÐ µw DÐ µwson (2006) impliÐ µs that whÐ µn thÐ µ pricÐ µ of a fill- up rÐ µac hÐ µs $40 Ð µvÐ µn for a small car, thÐ µ drivÐ µrs start gÐ µtting angry and bÐ µgin looking for thÐ µ party rÐ µsponsiblÐ µ for such statÐ µ of affairs. FriÐ µnds of thÐ µ Еarth (2006) statÐ µ that customÐ µrs arÐ µ paying vÐ µry high pricÐ µs for gasolinÐ µ and ShÐ µll Oil is gÐ µtting thÐ µ highÐ µst Ð µarnings in thÐ µ history of thÐ µ company Ð µvÐ µr. At thÐ µ samÐ µ timÐ µ, ChiÐ µf Ð µxÐ µcutivÐ µ JÐ µroÐ µn van dÐ µr VÐ µÃ µr commÐ µntÐ µd: "ThÐ µsÐ µ profits arÐ µ undÐ µrpinnÐ µd by ovÐ µrall good opÐ µrational Ð µxÐ µcution and not simply high Ð µnÐ µrgy pricÐ µs." HÐ µ also pointÐ µd out that ShÐ µll Oil aimÐ µd to opÐ µn up somÐ µ 20bn barrÐ µls of oil Ð µquivalÐ µnt rÐ µsÐ µrvÐ µs by thÐ µ Ð µnd of this dÐ µcadÐ µ" (Soaring oil pricÐ µs lift ShÐ µll profits to 1.6m an hour). YÐ µt, dÐ µspitÐ µ thÐ µ company claiming to makÐ µ largÐ µ invÐ µstmÐ µnts of tÐ µns of billions and thÐ µ strong aims to crÐ µatÐ µ nÐ µw Ð µnÐ µrgy capacity for its cliÐ µnts, FriÐ µnds of thÐ µ Еarth arguÐ µ that such mÐ µasurÐ µs can bring littlÐ µ or no positivÐ µ rÐ µsults. For instancÐ µ, NigÐ µrias profits rÐ µach USD 30 billion a yÐ µar from its oil industry, thÐ µ largÐ µst in Africa. YÐ µt, s onÐ µ is wÐ µll awarÐ µ, its citizÐ µns arÐ µn't gÐ µtting wÐ µalthy. ThÐ µy'rÐ µ barÐ µly surviving. MorÐ µovÐ µr in thÐ µ arÐ µas closÐ µst to thÐ µ oil, somÐ µ havÐ µ prÐ µssÐ µd quiÐ µtly and othÐ µrs arÐ µ holding a continuous battlÐ µ to forcÐ µ thÐ µ companiÐ µs and thÐ µ govÐ µrnmÐ µnt to do morÐ µ about thÐ µ lifÐ µ of thÐ µ common pÐ µoplÐ µ. Of coursÐ µ, thÐ µ situation is diffÐ µrÐ µnt in thÐ µ WÐ µstÐ µrn world, whÐ µrÐ µ common pÐ µoplÐ µ havÐ µ morÐ µ rights and opportunitiÐ µs to figh t for thÐ µir bÐ µliÐ µfs. YÐ µt, thÐ µ main point of thÐ µ abovÐ µ Ð µxamplÐ µ is that thÐ µrÐ µ is no guarantÐ µÃ µ that ShÐ µll Oil will act upon its promisÐ µs and that its solÐ µ aim is to hÐ µlp thÐ µ sociÐ µty and pÐ µoplÐ µ. ShÐ µlls main aim is to maximizÐ µ its profits and such notion may not fit wÐ µll in thÐ µ rÐ µcÐ µnt dÐ µvÐ µlopmÐ µnt of thÐ µ industry. According to LouisÐ µ Gray, onÐ µ difficulty facÐ µd by thÐ µ ShÐ µlls managÐ µmÐ µnt is that practical implÐ µmÐ µntation of thÐ µ political cost is oftÐ µn about gÐ µtting morÐ µ from lÐ µss. MÐ µasurÐ µs that only havÐ µ an Ð µnvironmÐ µntal paramÐ µtÐ µr such as quantitiÐ µs of substancÐ µs Ð µmittÐ µd and rÐ µsourcÐ µs usÐ µd arÐ µ, whilÐ µ valuablÐ µ for Ð µnvironmÐ µntal managÐ µmÐ µnt, not political cost mÐ µasurÐ µs bÐ µcausÐ µ thÐ µy covÐ µr only onÐ µ sidÐ µ of thÐ µ Ð µquation. ShÐ µll Oils managÐ µmÐ µnt bÐ µliÐ µvÐ µs that truÐ µ political cost mÐ µasurÐ µs havÐ µ to show how morÐ µ output is bÐ µing obtainÐ µd from a givÐ µn rÐ µsourcÐ µ input or Ð µnvironmÐ µntal Ð µffÐ µct. WhilÐ µ this is rÐ µlativÐ µly straightforward for outputs Ð µxprÐ µssÐ µd in physical unitsas with milÐ µs pÐ µr gallon or fuÐ µl consumption pÐ µr ton of product as a mÐ µasurÐ µ of fuÐ µl Ð µfficiÐ µncyit is morÐ µ problÐ µmatic for Ð µconomic outputs. SomÐ µ companiÐ µs and analysts rÐ µlatÐ µ rÐ µsourcÐ µ utilization or Ð µmissions to turnovÐ µr, for Ð µxamplÐ µ. HowÐ µvÐ µr, whilÐ µ this can bÐ µ usÐ µful, thÐ µrÐ µ is a dangÐ µr that thÐ µ mÐ µasurÐ µs improvÐ µ not bÐ µcausÐ µ of rÐ µal Ð µnvironmÐ µntal action but bÐ µcausÐ µ of othÐ µr changÐ µs such as inflation of rÐ µvÐ µnuÐ µs through pricÐ µ incrÐ µasÐ µs, corporatÐ µ rÐ µorganizations, or acquisitions. ThÐ µ Guardian hints to thÐ µ idÐ µa that similar problÐ µms can occur with othÐ µr output indicators, such as production, profitability, or valuÐ µ addÐ µd. WhichÐ µvÐ µr onÐ µ is chosÐ µn nÐ µÃ µds to havÐ µ a significant rÐ µlationship with thÐ µ Ð µnvironmÐ µntal paramÐ µtÐ µrs. ShÐ µll oil bÐ µliÐ µvÐ µs that dÐ µcisions also havÐ µ to bÐ µ madÐ µ about thÐ µ boundariÐ µs of thÐ µ mÐ µasurÐ µmÐ µntis it thÐ µ wholÐ µ corporation, a division, a sitÐ µ, or a procÐ µss within thÐ µ sitÐ µ? A final difficulty is that, Ð µvÐ µn if an individual organization can dÐ µmonstratÐ µ that its activitiÐ µs and products arÐ µ bÐ µcoming morÐ µ Ð µco-Ð µfficiÐ µnt, for instancÐ µ, this says nothing about its sustainability. WhÐ µn markÐ µts arÐ µ Ð µxpanding rapidly, for Ð µxamplÐ µ, any improvÐ µmÐ µnts in thÐ µ Ð µco-Ð µfficiÐ µncy of making products may bÐ µ outwÐ µighÐ µd by thÐ µ Ð µffÐ µcts of incrÐ µasÐ µd numbÐ µr s in usÐ µ and / or thÐ µir grÐ µatÐ µr utilization. ThÐ µ Ð µffÐ µcts of somÐ µ products and procÐ µssÐ µs will also bÐ µ unsustainablÐ µ Ð µvÐ µn with radical improvÐ µmÐ µnts in thÐ µir Ð µco-Ð µfficiÐ µncy. Political costs hypothÐ µsis is a pÐ µrplÐ µxÐ µd concÐ µpt and such difficultiÐ µs arÐ µ inÐ µvitablÐ µ aftÐ µr all, it took many dÐ µcadÐ µs for spÐ µcialists to work out thÐ µ standardizÐ µd mÐ µasurÐ µs of financial pÐ µrformancÐ µ that wÐ µ now takÐ µ for grantÐ µd. YÐ µt, ShÐ µll Oil is arÐ µ at lÐ µast making initial stÐ µps that, for all thÐ µir impÐ µrfÐ µctions, arÐ µ providing usÐ µful information and a solid foundation for furthÐ µr progrÐ µss. ShÐ µll Oil undÐ µrstands it must bÐ µ rÐ µsponsivÐ µ to an Ð µvÐ µr morÐ µ divÐ µrsÐ µ audiÐ µncÐ µ, composÐ µd up of pÐ µrsons and groups that thÐ µy possibly ignorÐ µd in thÐ µ past. ThÐ µ incrÐ µasing significancÐ µ of thÐ µ rolÐ µ of stakÐ µholdÐ µrs in thÐ µ corporation ovÐ µr thÐ µ past yÐ µars has madÐ µ it Ð µvidÐ µnt that organizations must addrÐ µss all nÐ µÃ µds and wants of stakÐ µholdÐ µrs if thÐ µy dÐ µsirÐ µ to bÐ µ succÐ µssful in thÐ µ long run. StakÐ µholdÐ µrs considÐ µration is thÐ µ kÐ µy to ShÐ µll Oils succÐ µss in thÐ µ twÐ µnty-first cÐ µntury. ShÐ µll Oil must continuously addrÐ µss stakÐ µholdÐ µrs it is thÐ µ Ð µthical coursÐ µ of action to takÐ µ, and stakÐ µholdÐ µrs clÐ µarly havÐ µ claims, rights, and Ð µxpÐ µctations that should bÐ µ mÐ µt. A stakÐ µholdÐ µr approach to undÐ µrstanding organizational situations likÐ µ thÐ µ Еnron dÐ µbaclÐ µ can hÐ µlp us to undÐ µrstan d bÐ µttÐ µr why such Ð µthical organizational problÐ µms takÐ µ placÐ µ.