Gdp Research Paper - 645 Words

Gross Domestic Product (or known as GDP), is defined as, â€Å"aggregate output as the dollar value of all final goods and services produced within the borders of a country during a specific period of time, typically a year† (McConnell, Brue, amp; Flynn, 2012). This measures the value of the output in monetary terms, and you can check current trends of the GDP by taking a look at the Bureau of Economic Analysis website. Today, we are taking a look at the â€Å"Release Highlights† link to check the most current trends within the GDP. In the BEA release highlights document, you can see an increase if the GDP within the third quarter, which allows corporate profits to pick up. The document states that â€Å"increased 3.1 percent in the third quarter of†¦show more content†¦In the chart, you can see that 2010 was more of a steady year in the economy and GDP percentage. It almost stayed the same throughout the year with a slight increase from the first to second qu arter, then a slight decrease and increase coming into the third and last quarters of the year. Based on the data that I have researched, I predict that for the duration of this year, the GDP will most likely increase, but not dramatically. According to Bloomberg’s business website, â€Å"The world’s largest economy is likely to skirt the worst damage from the so-called fiscal cliff, the more than $600 billion of federal spending cuts and tax increases that will automatically take effect at the start of next year unless Congress acts† (2012, Bloomberg.com). I got to this conclusion due to the fact that throughout last year, consumers and companies put a restraint on their spending. It did not hurt so much, but did not help as much when it comes to growth in the GDP. Works Cited * McConnell, C., Brue, S., amp; Flynn, S. (2012). Macroeconomics: Principles, Problems and Policies, Nineteenth Edition. McGraw-Hill Companies, Inc. * (December 20, 2012). GDP GROWTH ACCELERATES IN THIRD QUARTER. Bureau of Economic Analysis. Retrieved on January 25, 2013 from http://www.bea.gov/newsreleases/national/gdp/2012/pdf/gdp3q12_3rd_fax.pdf * Kearns, Jeff. (OctoberShow MoreRelatedState Regulation On Uber And Cab Drivers Essay1322 Words   |  6 PagesIntroduction The history of regulation could be traced back to the ancient civilizations such as standardized weights and measures in ancient Rome, paper currency system in China, and others including Egyptian, Indian and Greek (Plagiarism, Wikipedia: The Free Encyclopedia). 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Marriage in a Man’s World Free Essays

Marie de France’s epic poem â€Å"Lanval† is an outstanding work of satire that pokes fun at the societal norms of the author’s time, including government and the institution of marriage.   Though she never directly states it, de France paints marriage at the court level as a farce, a facade, and an arrangement of convenience rather than passion, love, or commitment. Marie de France wastes no time in laying the groundwork for the subtext of this poem. We will write a custom essay sample on Marriage in a Man’s World or any similar topic only for you Order Now    Within the first few stanzas, as she paints a picture of the great and noble King Arthur, she manages to slide in a reference to King Arthur providing his Round Table members with wives as â€Å"gifts.†Ã‚   She mentions these gifts in the same breath as â€Å"lands,† which suggests the King views women as property and the institution of marriage as a kind of purchase agreement.   The art here is in the subtlety with which de France inserts this subversive idea into what seems like a simple description of a man’s virtues. The author reinforces her statement on marriage – specifically the sexist nature of marriage and relationships at the time – with the introduction of the mysterious, wealthy and beautiful maiden.   The maiden acts as a caricature of a male fantasy, approaching him out of nowhere with the offer of free love and devotion.   Only her physical and financial features are praised, and when Lanval agrees to her terms, she immediately allows him to sleep with her.   Lanval has found himself in the perfect situation – sex and wealth from a beautiful woman, and all he has to do is not acknowledge their relationship. It is not long before Lanval’s loyalty is put to the test and de France puts another nail in the coffin of marriage.   King Arthur’s wife, the Queen, apparently unconcerned with the fact that that she is married, offers herself to Lanval.   The author treats this as though a Queen coming on to a knight was common practice, even expected.   When Lanval denies her wish, the Queen is incensed; one gets the idea that she is no stranger to such an arrangement and not used to being turned down.   When Lanval professes his love for his fantasy maiden, he does so to disprove the Queen’s suggestion that he is homosexual. As one would expect, King Arthur is extremely angry when he finds out what has happened between Lanval and the Queen, though the version he hears is not the whole truth.   Arthur vows to bring the knight to justice in court, which is heavily swayed in the King’s favor.   However, when he brings the charges against Lanval he fails to mention that Lanval attempted to sleep with his wife.   Instead, he focuses on Lanval’s statement that his lover’s maidens were fairer than the Queen.   As it seems logical that King Arthur would be far more upset with the idea of Lanval sleeping with his wife than speaking these words, readers get the idea that perhaps King Arthur does not believe the Queen’s accusations.   Perhaps he knows and ignores the Queen’s unfaithful ways, and perhaps he is guilty of the same behavior. After a series of ridiculous happenings in which the male members of the court are nearly put into trances by a series of half naked maidens on horseback, Lanval’s beautiful maiden comes to his aid.   Upon witnessing her beauty, all side with Lanval immediately, King Arthur included.   By pardoning this man who has supposedly wronged the Queen, King Arthur gives insight into his priorities.   Since the mystery maiden is far more physically attractive and wealthy than the Queen had ever been, there was no way Lanval could have made such an advance on the Queen.   And even if he said the things he said, he spoke the truth.   In this comical twist by de France, the King is more than willing to put aside his honor and the honor of his wife for an attractive stranger. Marie de France makes her final comment on the male-female, love-marriage tradition with the image of Lanval leaping onto the back of the maiden’s horse and riding into the distance.   Clearly, de France is turning the typical boy-rescues-girl scenario upside down, and perhaps is suggesting that things in her time are out of hand and need some strong women to turn things around. How to cite Marriage in a Man’s World, Essay examples

Reflective Journal Challenging Task of Managing Employees

Questiion: Describe the challenging task of managing employees? Answer: Introduction This reflective journal presents thoughts, ideas and analysis from the point of view of a manager, working with a multinational company. This people manager has a team of resources (employees) working under him, most of them belonging to diverse back grounds and cultures. Few of his team members are also co-coordinating job activities from an off shore location. This journal rightly describes the challenging task of managing employees from diverse cultural backgrounds from the point of view of a manager. The multinational organizations, corporate enterprises and almost all the business organizations of the current age have offices across the globe. Todays managers and office bearers face the utmost challenge of devising common HR policies and initiatives for all their employees located in different locations across the world, and those belonging to diverse cultural backgrounds and ethnicity. Many of the organizations have started preferring individuals with diverse cultural experiences and those possessing flexibility and open mildness in adjusting to unfamiliar environments, as employees. Smircich, (1983), defines the cross cultural management as, a process of influencing the thoughts, attitudes, and behaviors of an international community to work together synergistically toward a common vision and common goals. Thus, the key learning experiences and observations discussed in this reflective journal value certain qualities of employees as essential for working in a multicultural wor k environment. These qualities include having ethnic tolerance, having some knowledge and understanding of an international language and having an adaptive and flexible nature. Critical assessment of an Issue/ Situation encountered Culture is the man-made part of the business environment in which a group of employees perform together. These set of employees are expected to work in direction of a common goal or an objective, that is aligned with the organizational goals and objectives. The cultural differences between the employees may widen the emotional gaps between the employees belonging to a team/organization and may lead to personal differences overcoming the professional objectives (Resick et al., 2006). These may lead to potential threat to the business conduct and social environment of the companies. Thus, the human recourses personnel in the organization are facing the challenge of carefully handling the cultural differences between its staffs, especially when at work. Let us discuss the issue faced by the teams manager who had some American as well as French employees working in a project team. Communication both verbal as well as written is integral part of business functioning for any of the business projects. With the advancement of technology, telecommunications have facilitated communication systems in organizations. It is one of the prominent boons for the multinational organization, who have global presence, and have to manage business from different parts of the world. Now this manager observed that something was really absurd in the way the personal interaction between the colleagues from diverse backgrounds went. There were also few personal misunderstandings between the French and American colleagues belonging to the same team, who were not highly integrated as a team due to their personal differences. The manager used to tool of video conferencing to have meetings with each of the employee groups and interacted with them on a personal level to find out the exact differences. He observed that his American subordinates preferred to have a frank telephonic conversation for some business discussions, whereas the French employees preferred to draft an email for all the business discussions. As a result the communication expectations of these groups differed a lot, which had led to widening of personal gaps between these set of employees. Some of the employees even had unnecessary misunderstandings about the other group of employees. These circumstances were indeed challenging for their manager, who had to deal with a diversified work force. Method in which the discussed issue was resolved The manger had identified methods in which he had determined to gradually resolve the above discussed issue and make the work place more comfortable and friendly for the employees. Cultural trainings and team building exercises were the key priority solutions that the manager had sought to implement. Looking at a broader picture, this was an organizational level issue as it was leading to delay of some key deliverables and was directly impacting organizational efficiency. The manager had envisaged to implement the following ways to maintain a healthy cross cultural management in the organization. 1. Cross - Cultural Trainings at periodic Intervals for EmployeesThe arrangement of cross cultural Trainings and workshops periodically for the employees of the team as well as the entire business organizations, would definitely helps the employees in gaining familiarity and confidence while working with each other. 2. Measurement of Cultural Flexibility as a part of Recruitment processThe open-mined, skilled, adaptive and observant, individuals that would be keen to quickly adapt and accept the behavioral differences between the employees belonging to a different nationalities and culture would be preferred in the HR recruitment Selection process of the organization. 3. Organization of Social Meets and eventsThe social meetings and events conducted for networking and socialization purposes also enables interaction between the culturally diverse employees and helps over coming stereotypes and cultural barriers. 4. Enhanced Open Door Work policiesOpen door Work policies, would certainly help the employees facing the cultural issues in having easy access to Human resource assistance department of the organization. 5. Conduction of Language development and Communication Workshops on a periodic basisLanguage familiarity is another criteria helps build cultural congruency between the diverse cultured employees. These aspects enable free verbal communication between the employees and helps overcome nationality and ethnicity barriers. Key Learning experiences gained The Following are the key learning gained from the above discussed experience: Culture is indeed the man-made part of the business organization that accommodates individual employees with respective ideologies as per their respective backgrounds (Adler, N.J., 1997). A favorable Cultural environment in a work group makes the group members socialize and adjust with one another and this positively influences the success and growth of a business organization. The cultural differences between groups of employees, like those between the French and American employees in this case, may become a potential threat to the social environment and business conduct of an organization that should be timely resolved. Employees belonging to different nations have an inbuilt variant style of communicating and expressing things which is highly related to their cultural background of that particular nation. These styles and ways have to be openly discussed in cultural trainings, to obtain enhanced cultural transparency within the organization. Conclusion The business organizations today go beyond the geographical borders of a State and a country. The Information technology makes it literally a click away from its stakeholders. So we can conclude that the smooth functioning of most of the organizations does highly depend on the successful management of the cross-cultural challenges faced by the organizations and their front runners (managers). The successful management of cross cultural challenges definitely helps an organization in reaching more effectively towards its desired goals. References Adler, N.J. and Graham, J.L. (1989). Cross-cultural interaction: the international comparison fallacy? Journal of International Business Studies, Vol. 20 No. 3, pp. 515-37. Adler, N.J., 1997, International Dimensions of Organizational behavior, Cincinnati, OH: South Western Publishing Company Borg, Lingoes, J. C. (1987). Multidimensional similarity structure analysis, New York: Springer-Verlag. Chao, G.T. and Moon, H. (2005). The cultural mosaic: a met theory for understanding the complexity of culture, Journal of Applied Psychology, Vol. 90 No. 6, pp. 1128-40. Resick, C. J., Hanges, P. J., Dickson, M. W., Mitchelson, J. K. (2006). A cross-cultural examination of the endorsement of ethical leadership. Journal of Business Ethics, 63, 345- 359. Smircich, L. (1983). Concepts of culture and organizational analysis, Administrative Science Quarterly, 28, 33958. Sondergaard, M. (1994). Research note: Hofstedes consequences: A study of reviews, citations and replications, Organization Studies, 1994, 15(3), 44756.