The recent world recession reflects the collapse of the global banking system. This was the result of heavy advancement of loans and cumulative rates of interest that were collected on those loans, which led to economic growth in the short-term but economic collapse in the long-run. It is the time for the global powers to take the world economists and political leaders on board and make an effective decision on the creation of a banking system that offers loans to nations which are in urgent need of financial assistance such as Nigeria, Uganda and other African countries. The authority that looks after such banking system should ensure a balance between the First world and the third world in order to ensure that the world economy grows smoothly. Cutting down public spending is generally a part of a government's fiscal policy, which is usually done with the aim of reducing rate of inflation in the economy. This is because this type of policy reduces the purchasing power of the consumer as wage rates fall. As a result, demand for commodities contract thus resulting in pulling down the equilibrium prices. Given the inverse relationship between inflation and unemployment, the down side of this policy can be increasing unemployment,...
Cutting down on government expenditures would also mean that firms will produce lesser output due to lack of resources and as a result the GDP would further go down. Therefore, in order to maintain its economic competence a more viable option for the government of USA in these recessionary times would be to consider increasing its tax revenue rather than cutting down on public expenditures. Increasing taxes will be a good alternative through which the government can offset the demerits of increased government spending. Moreover, the government will also be able to control consumer expenditure on unproductive economic activities.
Patrol crafts would be deployed along the coastal areas waiting to act upon any information provided to confiscate drugs and arrest drug traffickers. For this purpose, the city police would be armoured with 2 well-equipped fast patrol crafts. Communication services between the stations and the patrol crafts would be state of the art including GPS systems and radar networks to facilitate identifying and tracking down of suspicious activity in
Organization Behavior Competitive Advantage through Human Resource Management Practices Human Resource Management Practices Competitive Advantage through Human Resource Management Practices HUMAN RESOURCE Management Human Resource Management involves all those activities which are related to the management of workforce or employees of an organization. It is also one of the core functions which managers perform at the workplace. Human Resource Management entails activities like recruitment and selection, training and development, performance assessment, compensation, leadership, and motivation
Organizational Behaviour This report focuses on the study of organizational behaviour in the hotel industry and most especially in the food and beverage department. Focusing on the organization I am attached to, the aspect of groups and group dynamics is widely explored. The paper first introduces with an introduction in which a brief explanation of the discussion is established. Part of the factors addressed in this section includes the aim and
Yet, they do exist and can once again be said that the eight stage process has its roots in the theories enounced by John M. Ivancevich, Robert Konopaske and Michael T. Matteson. Throughout the book for instance, the three authors discuss organizational behavior aspects such as communications or conflict, which could easily interfere with the change process. To take one step forward however, the editing team also argues that
In this study, the researchers explored the concept of "psychological contract" and how it applies to and potentially determines cultures and sub-cultures that would emerge in organizations. Defining it as "individual beliefs or perceptions concerning the terms of…relationship between the individual and the organization," psychological contracts are identified into the following dimensions: (1) vertical or horizontal, referring to social status and power in "exchange relationships" and (2) individualism and
Organizational Change and Growth Through Technology: In the past few years, information technology is a concept that has attracted huge attention from various sectors in the society including the academic field and business world. This huge attention is attributed to the fact that information technology has revolutionized communication and business processes. In the business world, the concept has generated considerable interest because of its organizational impact. The impact of information technology
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