Article Summary for MacroEconomics 4 Essay Example | Topics and Well Written Essays - 750 words

Article Summary for MacroEconomics 4 - Essay Example The money provided by the package was almost over and the state’s police, firefighters and teachers were going to lose their jobs. President Obama is once again going to appear before the Congress for another $300 million to create jobs and help the economy. Three rounds of stimulus aid have already been provided by president Obama. The round one was openly and fully criticized by the republicans, in round one $200 billion were used to support tax cuts, $300 billion were used or the support of those who did not have jobs and $300 billion were used for direct investment in different projects. The spending on various projects contributed the most in creating jobs. The round two mainly contributed to the bailout of the auto industry of United States and helped a great deal in creating jobs. The money spend on bailout of auto industry was recovered and returned by the auto manufacturers. The step of helping the auto industry was the most successful one as this helped the auto manu facturers in solving their financial issues, this step alone helped in saving more than 1.5 million jobs. Before the bailout program, the auto manufacturers were in very bad shape and were on the verge of being forced out of the market. The bailout of auto manufacturers has a long term positive impact, these firms are currently doing very well and even employing more employees and posting higher profits. The use of stimulus money in other arenas had very little impact and an overall view suggests that stimulus money invested in other sectors was wasted. The round three of stimulus help was quite effective as huge amount of jobs were created because people had money to spend and due to increase in demand for goods and services there was increase in demand for more workers. More than $858 billion was spent as a part of the stimulus package; money was spent on unemployment assistance provided to those who were out of jobs. During summer, the economic growth and employment growth once a gain stopped and jobs created in the private sector decreased. It is even estimated that president Obama will continue providing unemployment assistance to employees. In my opinion, the president could have dealt with the stimulus package in different ways. The stimulus money was used in certain areas that did not turned out to be quite productive. For example: the tax subsidy, the unemployment benefit was of no great help in creating jobs. Whereas certain developments made with the stimulus money were quite helpful in decreasing unemployment in US. For example: investment in projects and bailout of the auto industry. Instead of giving money directly to the unemployed individuals and providing them unemployment benefits, stimulus money could have used to finance and bailout other sectors of the economy. This would have helped businesses with their liquidity issues and they would have saved themselves from being bankrupt. If businesses would not have closed and money would have been used to help these businesses, employment would have increased. Thus the unemployment assistance would not have been important and neither the tax cuts. The businesses that would have been saved with the help of stimulus money would have made money and they would have paid taxes. Taxes are revenue for the government and are necessary for the development of the economy. The taxes

Dupont Case Study Essay Example for Free

Dupont Case Study Essay Tom Harris is the General Manager of Dupont, which is the major employer in their community. Big changes had taken place when the Orlon plant had closed down, but few changes had taken place. Projects such as getting rid of one operation and installing another was being seen as regular business so there was no change management rubric. GM Harris went to the University of Virginia seeking advice from the academic community to bring some of the latest thinking in business to the Dupont plant. He specifically wanted to introduce his managers to new ideas and how to apply those ideas to improving to the plant. He stated he was not looking to improve overall organization effectiveness. He stated he was under increasing pressure to do more with less. A general bulletin was sent out to all employees stating the work culture that would be built. It stated that a representative from University of Virginia would be spending time at the plant and had been asked to give new perspectives on the work being done and the organization as whole. The hope was that it would help develop people and continually improve production. The most important goal was to help the staff appreciate and develop what goes right, assist in building on the strengths and to make the plant work better for everyone. It was also made clear that the representatives presense was not to suggest there was a particular problem, and the result is due to the plants desire to continuously improve. Over a six month time period interviews were conducted with workers and managers. Time was spent in the workplace and the representative learned about the day to day activities at the plant. This produced a description of the shared stock of knowledge that organizational members used to interpret events and generate behavior. What was made explicit with that process was the local widely used everyday common sense model performance unique to the plant and it’s atmosphere. A part of the culture that came out of this fact finding was that the local model of teamwork was organized around a southern stock-car racing metaphor. It was used to explain teamwork and the pattern for accomplishing it. Everyone knew the metaphor, so it was understood. The General Manager and the other managers were surprised to learn of the NASCAR metaphor, but it explained why they had not recognized existing teamwork in the workplace for they had different language used for teamwork. This metaphor gave them a language to introduce change for improvement. It also illuminated of the local meaning of effective supervision, high performance, and what constituted a good day at the plant with making improvements. Managers were instructed to use the findings of the study. It was felt the new understanding could be used to interpret the local meaning of effective work to capitalize on strengths, to expand and develop existing good practices. This would also help to problem solve. It was found too that the findings of the study could also be used as a basis for experiements. There existed a Leadership Core Team who were instructed to introduce change as an experiment. It was to be explained that it was to be tried and watched closely, and if after a designated time it was not working as planned, it can be stopped.

Urban Legend of the Goatman Essay example -- Urban Legends

Goatman Version 1--Montgomery County, Maryland It seemed from my story-collection that nearly everyone knows of some urban legend, but I found one story to be especially interesting because it is a relatively famous legend that has roots here in Maryland. The story of â€Å"The Goatman† has a number of variations, as with most urban legends. My roommate told me that he first heard the story from his parents when he was about 12 years old. He suspected that it was probably a joking attempt to scare him from playing outside so late at night because the sound of the basketball dribbling in the driveway would keep his parents awake. According to his parents, the Goatman was located in the suburbs of Montgomery County (his home), which was probably a detail that his parents modified to make the story scarier. He told a version that took place in Prince Georges County because he had more recently heard this version from someone whom he was unable to remember. The manner in which he recounted the legend was not in a mysterious and suspenseful tone usually used to tell such stories at campfires. He began the story by describing the Goatman’s appearance: It’s a half-man, half-goat creature, with the upper body of a man, horns, a hairy face, and two legs like a goat, kind of like a Devil. It was created in a secret government genetics-type experiment that went wrong. [pause] It got out of its cage, which was really bad because it’s as smart as a human but has no conscience, like an animal. The Goatman has been creeping around at night for years. It kills family pets that are left out at night and attacks people who see him, and it has been able to stay hidden so well because it is so smart. He did not mention where the creature was c... ... threatening to domesticated animals. Variations in the origin of the creature can offer different moral messages within the story, as well. For example, the version of the story that explains the Goatman as the ghost of a deformed outcast of an old Indian tribe demonstrates the consequences for mistreating and abandoning members of our own species. Also, the fact that this sacred, spiritual land has been overbuilt by a college campus represents mankind’s over consumption of, and lack of respect for nature’s resources. The storytelling of the Goatman may have the simple purpose of entertainment for the audience, but like most legends, the stories are likely based on some true event(s), and the way that these events evolve into stories of the uncanny reflect the intention to convey some sort of moral message. Works Cited www.puportal.com www.wikipedia.com

Analyzing Strengths and Weaknesses of Amazon

Strengths Amazon has proven to be a successful and profitable organization in terms of growth, with a current net income in 2008 of 663 million dollars. The company uses Customer Relationship Management (CRM) and Information Technology to record customer buying habits, investing a lot of time and money researching customer trends. Doing this they are able to locate and prepare for sales estimated from previous years. A high percentage of their customers buy during the holiday season; knowing this enables Amazon to offer different promotions and selling strategies tailored to meet the customers demand and needs. Amazon has a huge global brand and is listed as 130 on the Fortune 500 list. Amazon was one of the first companies in e-commerce; which has allowed them to hold a huge percentage of the market share. Amazon recently bought JOYO, Chin’s largest online retailer, creating an even bigger market share in China, but still left with room to grow. Amazon’s Inventory turnover rate is phenomenal, even in the current economy. They have been able to maintain a 34 day inventory to turn over, which equals out to over 10 times a year. This is beneficial, because it allows Amazon to adjust to seasonal products and different product trends, without large amounts of excess inventory. Adding to that; Amazon’s total debt has been decreasing year over to a low of $. 67 in 2008. This means that for every $1 Amazon has $. 7 in debt. This has been declining signaling company growth. Weaknesses Amazon has continually added new products and services to customers; and is known for their great customer service and quality products. Something for them to consider is, when adding new products or categories of products, they could damage its brand. In order to be competitive with other companies Amazon has to broaden the range of products, but cannot become a swap meet either.

One Man Two Guvnors Drama Review

One Man Two Guvnors review In a packed theatre, full of audiences from all ages who continuously have a smile on their face; currently rated as a high five stars, One Man Two Guvnors could not be a funnier performance to watch. As soon as I entered the theatre, it was completely packed. I also saw many people from different age groups; this gave me a feeling that the show would be entertaining enough to get people from all ages to come and see the show. The environment of the theatre was very formal, as there was a red and gold layout and it was also very clean.Before the show started there was country singers, this was a very good way to introduce the show as the song was very upbeat and got me feeling more excited. They were dressed in checked shirts and suits; this gave me the feeling straight away that it would be based before the 2000s, which I was right as it is set in 1963. These country singers also came in a few times during the show and sang many more lively songs which I l oved hearing and sung with my friends. The main character that stood out the most to me was the well-known actor James Cordon, whom played a failed skiffle player named Francis who is in need of a job†¦ and a meal!He gets himself in a shuffle, as working as a servant for two masters whom are currently enemies. Many words could describe Francis; funny, dopey, confused, loud, sociable, at times annoying. Not only did he make the audience laugh, he also spoke to them too! For example, asking the audience who has a sandwich, which made the audience get more involved with Francis. He also did return a sandwich and a few other treats when asked! He had also made the audience a part of the performance as he needed some volunteers to get up on stage and help him out in the jobs he had to do. Such as, lifting a trunk and needing help on food preparations.My favourite scene that made Francis impress me the most was when he had to keep his two guvnors away from each other and at the same time serve them both food, whilst they was both opposite doors away from each other in the same hotel! His greedy behaviour of taking some food out of the dishes and keeping them for himself was absolutely hilarious. This is also the scene where he chose someone from the audience to help him take some food and store it in his pot. The way parts of this scene was off script yet still so on track and funny impressed me and I laughed the most at this scene.I also thought that the staging had a big impact to the audience. There were many different scene changes that looked so realistic; the living room, the Brighton pier, the upstairs hotel in The Cricketers Arms and the street outside it. The stage was spacious enough for the actors to move around freely, I still had a clear view even though I sat at the right at the top upper circle. The lighting on stage was very bright as the scenes were mostly indoors or in daylight. The music had suited the plays environment as the music was very upbeat, lively, loud and cheerful.Many instruments were played together to make many amazing songs and sounds. The play would stop in between, the curtains would draw and each time I got more inpatient wanting another song to come. The country singers who sang the songs gave me a warm, yet energetic feeling as I and the audience were clapping along to the rhythm, not to mention singing at the chorus. If these country singers did not perform, the overall play would not have been the same! Another scene that I also enjoyed a lot would be the ending scene, where Francis’ two jobs were revealed, all problems are sorted and the truth comes out.The two love birds are finally together and it’s all just like a fairy tale. This was a good way to end the performance in a happy atmosphere. Overall, I recommend that everyone should watch this performance as they will laugh their socks off just like the rest of the audience. I would rate the play a high 4 star performance as it was a fantastic, memorable experience that definitely made my day and is worth the watch. James Corden as his character Francis James Corden as his character Francis Rachel and Stanley whom are in love Rachel and Stanley whom are in love

The Powerful Praetor Roman Magistrate

The Powerful Praetor Roman Magistrate A praetor was one of the greater Roman magistrates with imperium or legal power. They led armies, presided in law courts, and administered the law. Judging matters between citizens was the job of one specific magistrate, the praetor urbanus (city praetor). Since he was in charge of the city, he was only allowed to leave the city for a period of up to 10 days. For matters outside Rome, the praetor peregrinus settled cases among foreigners. Over the years, they added additional praetors to handle matters in the provinces, but originally, there were two praetors. Two more were added in 227 B.C. when Rome annexed Sicily and Sardinia; then, two more were added for Hispania (Spain) in 197 B.C. Later, Sulla and Julius Caesar added even more praetors. Responsibilities A costly responsibility for the praetor was the production of the public games. Running for praetor was part of the cursus honorum. The rank of praetor was second only to the position of consul. Like the consuls, praetors were entitled to sit on the honored sella curulis, the folding curule chair, traditionally made of ivory. Like the other magistracies, a praetor was a member of the senate. Just as there were proconsuls for the period after their year as consuls, so there were also propraetors. Propraetors and proconsuls served as governors of provinces after their terms in office. Roman Magistrates With Imperium Examples: Let the praetor be judge of the law in private actions, with power of passing sentence-he is the proper guardian of civil jurisprudence. Let him have as many colleagues, of equal power, as the senate think necessary, and the commons allow him.Let two magistrates be invested with sovereign authority, and be entitled praetors, judges, or consuls, in respect of presiding, judging, or counselling, according to the nature of the case. Let them have absolute authority over the army, for the safety of the people is the supreme law. This magistracy should not be determined in less than ten years-regulating the duration by the annual law.Cicero De Leg.III Before Sulla added functions, the praetor presided in cases of quaestiones perpetuae, the cases of: repetundaeambitus, majestaspeculatus Sulla added falsum, de sicariis et veneficis, and de parricidis. About half of the candidates for praetor during the last generation of the Republic came from consular families, according to Erich S. Gruen, in The Last Generation of the Roman Republic. The praetor Urbanus P. Licinius Varus fixed the date of the Ludi Apollinaris.

Social Media Essay Research Paper Example

Social Media Essay Research Paper Example Social Media Essay Paper Social Media Essay Paper Essay Topic: Social Media Social media can do wonders for people such as let them communicate with family and friends that are across the oral, be an extremely convenient news outlet, and gives a businesses another place to advertise. This is an extremely short list of opportunities that have come with social media. With this being said, the recent spike of popularity in social media has positively impacted society by enhancing communication, creating a convenient and efficient news outlet, and providing unlimited advertising not only for business, but for you and I too. There are unlimited possibilities when It comes to the Internet and social media demonstrates that. Communication is important in every persons life. Social media has enhanced communication aspect of everyones lives by offering many different services that can help you meet new people, connect with family or friends across the world, or even follow celebrities, pollutants, and athletes in their everyday lives. For example many college and university students move away from home to attend post-secondary and an inexpensive way of seeing their families through video chats or online messengers. People are becoming busier and busier In their lives and sometimes find It hard to search for a significant other. Thanks to inline dating websites and smartened APS, being a busy person does not mean that you are unable to find your significant other. Social media gives celebrities, athletes, politicians, etc. A place to view and communicate with their fan base and share a more personal side of themselves. The enhancement to communication through social media has given mankind a few giant steps in technology. Social media has created a massive news outlet within its lifespan so far. Social media is the fastest way to spread news (Goby) due to how many people use it. However, this Isnt the only reason for news spreading so fast within social media. Websites such as Faceable and twitter (these arent the only ones) allow you to share your own or other second hand news, but the reason for the news being able to be spread so quickly is peoples constant use of social media and the feeling of needing to share it with your friends and followers. Social media has put news In an even more accessible place than newspapers and magazines as nearly everyone has a smartened or laptop within their household, office, or school. Not only has social media been able to keep users up to date with current news but also shows historical news such as the 9/1 1 Incident or Obama becoming the president of the united States. Today It Is Just as easy to scroll through a social media app or website and find 5 news stories as It Is to send a fifteen word text message. Not only is social media an efficient way of getting news, It Is usually ten TLS place Tanat ten news comes tongue. News provokers sun as CNN and TTS have even begun posting small (2-8 minutes) video clips on what they had covered at certain events on their Twitter and Faceable pages. It is social media that allows for such a convenient and efficient news outlet. Social media allows users to create and Join pages that are separate from their profiles based on the users interest. This is especially helpful in the business world as it allows companies and local businesses to advertise at little or no cost at all. By using social media, businesses are able to show their consumers content. Social media is also a place where larger companies tend to reveal new products. For example, Apple first revealed their phone 6 through Twitter. Social media isnt always about the larger or even local companies though. Advertisement is not the only tactic that is valuable to genuineness, feedback is also very important and social media makes it extremely easy to access. This helps tell a business what they are lacking and what and how they can improve through the eyes of a customer. Plenty of larger businesses also have online stores that are advertised through social media as many deals and sales are placed in an online store only category. Faceable is flooded with buy and sell or swap and shop pages created by the community which serve the purpose of individuals being able to buy, sell, swap, and advertise to other users who have also Joined the group. Business and advertising is Just one enhancement of the very many that social media has brought to society. The recent spike of popularity in social media has positively impacted society by enhancing communication, creating a convenient and efficient news outlet, and provided unlimited advertising for not only businesss, but for you and I also. Have a cousin you havent connected with in a while? Try a social media site, they have you covered. Maybe youve became too busy to find a significant other? It shouldnt be hard to find a dating site or even an app on your smartened to help you out.