Should monetary and fiscal policymakers try to stabilize the economy Essay

Should monetary and fiscal policymakers try to stabilize the economy - Essay Example Also, there is no reason to make people live through the ups and downs that is the business cycle as we know it, and monetary and fiscal policymakers can step in to try to balance out demand, and hence forth stimulate production and employment (Lecture 19). Some people may argue that this is only looking at the "short" run effects, and not taking into consideration the long term effects. Such people would not agree with monetary and fiscal policymakers interfering in the economy, they would rather see less big involvement and a monetary policy based on long term rules(The Short). "Fiscal or monetary policy can be used to stabilize output and employment around their trend levels, and hence prevent booms or recessions from getting out of hand. When this domestic model is broadened to open the economy to international trade and capital flows, this conclusion no longer holds but the results depend on the flexibility of the nation's exchange rate."(Remarks). In conclusion, after studying and reading several sources, I have decided that monetary and fiscal policymakers should try to stabilize the economy. This offers a solution to many economic problems, and can help prevent massive swings in our economy, which is always a good thing.

Ford Motor Company Analysis Research Paper Example | Topics and Well Written Essays - 2000 words

Ford Motor Company Analysis - Research Paper Example The liquidity ratios calculated for the year 2010 and 2011 are shown in the table above. The calculations are on the excel spreadsheet attached. Liquidity ratios show the firm’s ability to settle short term liabilities out of the liquid cash. The type of liquidity ratios calculated include; current ratio and acid test ratio. The liquidity ratios must equal to 1 or more than 1. If it is 1.00 then it implies the short-term debts are fully settled with the liquid cash. If they are less than 1.00 then it shows that the available cash cannot settle the arising short term liabilities. From the calculations Ford Motor Company has a current ratio of 0.86 in 2010 which improved to 0.96 in 2011. Though there was an improvement in the current ratio, it is still less than one which shows the company’s dilemma in dealing with its short term debts. The available cash is not enough to settle the short term liabilities (Zane, Kane & Marcus, 2004). The acid test ratio as depicted from t he calculations is also worth of discussion. In both years the acid test ratio was less than 1 which might be detrimental to the Ford Motor Firm. Though an improvement was noted from 0.47 to 0.59, the ratio was still below the threshold.Activity ratios depict the degree of effectiveness of a company in using the resources available in a manner that can promote the growth of the company. The activity ratios derived above are total asset turnover. This is an indication that the assets of the company were not utilized.

Extensive Review and Analysis of Nursing Leadership Assignment

Extensive Review and Analysis of Nursing Leadership - Assignment Example The management is boosted by effective control that is geared towards directing personnel to perform their task at the right time. In many cases, this type of leadership focuses on short-term planning. Since it involves short terms planning, they have to achieve their goals in the short terms, in order to structure other objectives. For instance, in implementing this leadership element in a long term facility, horizontal management has to be implemented. Though there is less reliance on this type of leadership, it is proving to be effective in management. In this transactional leadership, there is frequent restructuring and control of the personnel. For instance, in a long term facility, nurses have to be managed in ensuring all the queues in a facility are served. This is a short term goal that may be done on a daily basis. When the queues are seen to be in constant motion and receiving services, the management is in control. However, in instances where there are stagnant queues, it is admissible that the nurses are working at a slow pace. In such a case, many people might not get the services from the facility. In a long term facility, juniors and any other person below the leader should be obedient to the instructions. The leaders act as a formal authority designed to manage and control all the staff under the manager. As such, the people below the manager constantly obey any directive that is given. In a conservative explanation, the junior staff below the manager may be considered followers. The responsibility of creating directions, organizing responsibility, and making decisions is solely obligated to the top managers (Grossman and Valiga, 2005). For instance, nurses work under doctors in a... This paper stresses that The leaders are required to show others what should be done in certain situations. For instance, when there is a hygiene problem in a long term facility, a servant leader may come in handy. A leader that starts to clean a dirty environment while the other junior staff members are around instills some discipline. This will trigger their conscience to act appropriately. In the mean time, the junior staff members may find it hard to leave their leader to do some odd jobs. To avert the situation, they may follow suit in cleaning. In this scenario, the leader does more of a servant role than leading the people. There are various assumptions that are considered in this leadership, in reflection to long term facilities. The first assumption is that leadership is instilled through doing what a leader wants others to do. This report makes a conclusion that nursing is a vital subject in ensuring the world is healthy and stable. With diminishing quality of services in the nursing profession, people may not acquire the best from the profession. Therefore, it needs a structured leadership style that will ensure all the activities are done accordingly. For instance, in areas where they register large numbers of patients, the leadership style should ensure the nurses serve people with zeal. This will ensure all the people are served to utter optimum. Similarly, in areas where most of the work done is volunteer work, a servant leader would be appropriate. A leader who leads by example would encourage other people to do the same.

Propaganda Essay Example | Topics and Well Written Essays - 500 words

Propaganda - Essay Example Although most of the electorates favour a particular party, they sometimes change their minds about the party for which they had a preference because news is going around that the electorates are backing the other party. The political parties often lie about what they are going to do and frame stories about what the other party and some evil that they have done. It is also used in advertising where the advertisers give the impression that a particular product is out of this world. They use personalities who are very popular to convince people to buy products. So if a particular musician or singer is in the limelight at a particular point in time then that musician or singer will be likely to persuade persons who would not want to make purchases of products under normal conditions. They are usually dishonest about what the product can do and so people buy them and for a moment think it works because they are totally caught up in the â€Å"advertiser’s moment†. This adver tising is done on various media – television, print, the internet, radio, television and electronic billboards. In the past propaganda was used in times of war and is still being used today.

Environmental Issues in South East Asia Research Paper - 1

Environmental Issues in South East Asia - Research Paper Example It ha been pointed out that the Southeast Asian countries are among the less developed countries in Asia that are currently in the process of industrialization. They include Cambodia, Brunet Darussalam, Malaysia, Indonesia, Singapore, Thailand, Philippines, Vietnam, and Myanmar. These countries are not as industries as Asian countries like Japan and China. The countries can take pride in the low political temperatures that have been seen in most of them over the recent past. The neighboring countries that constitute the Middle East countries like Iraq, Iran, or Syria have witnessed political revolutions that have a significant impact on the economic development of the nation. Industrialization in the Southeast Asian countries began in the second half of the twentieth century. Various industries are available in the Southeast Asia countries. The cotton textile industry had been developed in the region way back before the 1950s. Agricultural industries are common in the countries like Myanmar and Cambodia whereas countries like Malaysia, Thailand, Indonesia, Singapore, and the Philippines have manufacturing industries. Different environmental problems are experienced in different parts of the world. The key environmental issues in different countries in the Southeast Asia include seasonal smoke and haze, soil erosion/degradation, water pollution, air pollution, loss of biodiversity, deforestation, poor access to clean water, pollution from solid waste, hazardous materials, and hazardous wastes.

Exodus and the hardening of Pharaoh's Heart Essay

Exodus and the hardening of Pharaoh's Heart - Essay Example As such they are without blemish and without any partisan attitude. Bible does not distinguish between Israelites and non-Israelites. Spiritual revelations are not bound by or confined to geographical boundaries. All arguments and counter-arguments originate below the mind level, and once an individual transcends the mind, one practically understands what divinity is! It is beyond words as such it cannot be expressed through speech. â€Å"All human beings are created in the image of God† (Magid) and at the same time God has blessed them with his free-will. They have the ability to act as per their volition and possess the capability to atone for their sins. Free will is the fundamental aspect of divine play. â€Å"Therefore, God’s removing the possibility of repentance (hardening Pharaoh’s heart) fairly raises the question of ethical reciprocity and just desserts.†(Magid) If this is agreed, the next question is God hardening anyone’s heart that â₠¬Å"challenges God’s relationship to humanity in Scripture† (Magid). This is the root cause of the â€Å"philosophical problem.† If Bible is taken for granted as a scripture of literature limited to the cultural and historical aspects, then the problem of hardening Pharaoh’s heart turns out to be the secular problem, and not of the Bible. Another way to sidestep the â€Å"problem† of Pharaoh’s hardened heart is to view Pharaoh as one who will not repent because he cannot repent. In Exodus 3:20 God ordains that He will bring plagues (wonders) upon Egypt as a rejoinder to Pharaoh’s disinclination to free Israel. In Exodus 4:2, God will â€Å"stiffen Pharaoh’s heart† to enable Him to engulf Egypt with plagues. In the first verse plagues are mentioned as an essential ploy for accomplishing the desired objective, i.e., liberation of Israel. In the second verse, the plagues are a crucial portion of the Exodus. God desires Pharaoh to uninterruptedly

Coca Cola Essay Example for Free

Coca Cola Essay Organizations need to change and adopt dynamic survival strategies to stay alive in uncertain political, social and economic environment (Hiatt and Creasy, 2003). All environmental factors present in the nature experience change on continuous basis. Human nature resists change, so managing that resistance requires well planned change management strategies. A structured approach to transfer organization, its people and processes from current state to a desired future state is called change management. This process gives employees the ability to accept changes in the existing environment of the business. Change can be of different type for example, change in technology, operations or strategies etc. company needs to implement individual strategies to cope with each type of change. Coca Cola Corporation is among one of the oldest corporations of the world. It has gone through many internal and external changes since it has been in existence. The company has used techniques of change management in order to survive from the consequences of those events. Coca Cola is a type of company that requires making changes in its products and business strategies according to the consumer expectations and external environment. Here in this study we would quote different examples from coca cola corporation’s history and will examine that what were the triggering events for opting the change and what strategies the company developed and implemented in order to successfully going through the transitioning process. Coca Cola is a type of company that requires making changes in its products and business strategies according to the consumer expectations and external environment. Here in this study we would quote different examples from coca cola corporation’s history and will examine that what were the triggering events for opting the change and what strategies the company developed and implemented in order to successfully going through the transitioning process. It is a well known fact that Coca Cola Corporation is an entrepreneurial venture started by one person who bought the formula from another firm and laid foundations of that beverages manufacturing firm. Current structure of the coca cola company is simple with minimal labor and management division. New system that can be adopted by the company may be the â€Å"machine bureaucracy† which has been defined as an organization with clearly defined hierarchy, well defined area of operations, standard operating procedures, proper rules and regulations, well division of labor, formal relationships among the member of organization, centralized decision making, technical competence and standardization of work. The company has faced a lot of external changes, for example in world war II, the company was able to manage its existing position at that time and also entered in many new markets and discovered new niches. The company established 64 plants across the world to supply drinks to the troops (Coca Cola Company, 2006-2011). The company also provided free drinks to soldiers which were the part of its strategy to become a patriotic symbol for the people of the country. Also it boosted the sales, so the company achieved two objectives by carefully planning to respond to that external environmental change. The plants developed by the company in war era helped its expansion after the war. The recent change management at coca cola is directed towards the intrinsic values and motivations of the employees and can be referred to as ‘employee engagement’. The change management process, together with internal branding programs is expected to bring about ideal behaviors in employees, which would align the operations of coca cola worldwide, and bring about efficiency throughout coca cola across all its business segments. Coca Cola Company can use two change management tools to make sure that all people who are required to be the part of change management process. These tools are Force Field analysis and AKADAR model. Force field analysis is a technique developed by Kurt Lewin to scrutinize the forces that are causing an opposition to change process (Bass, 2009). By doing Force Field Analysis, Coca Cola Company will be able to induct people who are in need of appropriate training. Another useful tool is AKADAR model which stands for Awareness, Desire, Knowledge, Ability and Reinforcement. Through AKDAR model, firm creates awareness about the need of change, generate desire in the people to help in transitioning process, give knowledge to the people that how they can help the change process, develop an ability in the people to go through the change and provide them with continuous reinforcement to withstand the change (CMLR, 2011). Coca cola hopes to bring about a thoroughly integrated system of communications, and focus on creating brand relationships with their employees. This would enhance the operations of Coca cola, as an integrated approach would mean all employees believe in engaging fully in the values, and this would become an inherent part of the employees at a personal level. For this purpose, employee engagement surveys are conducted twice every year for all the coca cola associates, which serve to highlight the areas where action is required, and further actions and implementations can henceforth be executed. Employee engagement is very significant to all segments of operations at coca-cola and has translated into performance in areas where employee engagement is higher. For coca-cola, an engaged workforce means: A more committed workforce Employee performance aligned with organizational objectives Employees have a clear idea of what is expected of them and what are the deliverables Customer experience focuses an inherent part of employees’ values, who strives to provide a better experience to the customers. Customer focus was identified as a central tenant of the multi-year engagement strategy to be implemented in 2011(Gee, 2011) Change in inevitable. Therefore, the focus should not be on avoiding change, rather bringing about a smooth transition towards the new change by communication about the change, and ensuring all parties of the change that it is for the best of all those involved. To successfully implement organizational change of any nature, a specific regards to organizational structure, design, culture, management and leadership is required to see whether the change would make a best fit with the organizational goals and objectives. To conclude, it may be said that communication can be a key element to successful change management. Communicate the changes to the employees, tell them why the change was inevitable and how they will benefit from the change. The management should itself adopt a positive attitude towards the change so that employees can follow their lead and welcome the change. Coca-cola as a company has a heritage of embracing change rather than resist it and it should translate into their future endeavors towards change management to ensure that the organization is best poised to market and environmental conditions.