Thursday, August 15, 2019
Leadership Management with Organizational Diversity Essay
In todayââ¬â¢s global market and corporate economy, the importance of understanding the power of cultural diversification within the workplace is very important. The ability to interchange and collaborate on set goals and objectives facilitates the process of attaining such goals at high performance level. With the influx of several cultures into the corporate world, it is important for managers to analyze, learn, adapt, and exemplify how a diverse work system must function. In post modern time, the organizational behavior behind getting a task done was generally focused on the individual critical thinking working method, but with increasing competency in the market, the need to accept the team process of completing a task has become evident. Transitioning from the standard individual workplace and into a diverse one is difficult especially on societies with a hardship in adaptability and those with a strong traditional belief. The acceptance of diversity is something that must me learned and understood taking into consideration ones surroundings and behavior influences. As a child, a personââ¬â¢s understanding on what culture similarities and differences are solely depends on his/hers family, friends, peers, literature, media, and etc. Learning to embrace diversity is hard but not impossible; in every society there are always difficulties in accepting other groups of people that donââ¬â¢t comply with the existent groupââ¬â¢s way of life, and this is when the ability to accept and embrace play a role. Having the knowledge on how to perceive situations and surroundings is ones defensive mechanism that allows a person to know what to do in a certain situation. When faced with the unexpected, this knowledge based perception becomes what is known as bias. According to a research article, ââ¬Å"Our biases serve as filtering lenses that allow us to make sense of new information and experiences based on what we already know (Nadler, 1997). This bias can sometimes be of positive nature giving an individual the ability to adapt and tell right from wrong, but sometimes bias can also form a negative perception of people based on sole belief crating ignorance, prejudice, and/or stereotype. Development of accepting diversity in a workplace is sometimes difficult and takes time to adapt since everyone comes from different backgrounds. This is something that cannot be acquired or pressured on people in short notices or time constraints, such as development classes or short group sessions. Management in a work environment must use techniques of group encouragement and cooperative training to allow everyone to understand and exemplify each otherââ¬â¢s strengths and abilities. Examples of such techniques can be: * Developing an atmosphere that is safe for all employees to ask for help. People should not be viewed as weak if they ask for help. This is what helps to build great teams ââ¬â joining weakness with strengths to get the goal accomplished. * Actively seeking information from people from a variety of backgrounds and cultures. Also, including everyone on the problem solving and decision making process. * Including people who different than you in informal gatherings such as lunch, coffee breaks, and spur of the moment meetings. * Creating a team spirit where every member feels a part of (Nadler, 1997). Human Resource Development (HRD) is the process in which the department of human resource is recognizing certain qualities and attributes individuals possess when handling new entrants in hiring or promoting. Having the ability to recognize what abilities individuals have, better allocates certain individuals with others to form a high performance team. By working jointly to train and collaborate with supervisors and management will assist in better teaching individuals the correct way of completing a task or job process. The development of what is known as ââ¬Å"soft skillsâ⬠such as diversity, communications, and social networking skills will promote a better work system and decrease employee turnover. The key is to promote job likeness and positive attitude with employees for a positive organizational result. Along with a focused human resource development initiative, organizations must understand the importance of the internal and external factors that make up the entire success. Internally, organizations must take into consideration the behavioral influence its people incorporate into every day operations in regards to its long term gains. What influences the behavior of these individuals is the type of culture the organization has. Culture is defined as, ââ¬Å"the aggregate of beliefs, norms, attitude, values, assumptions, and ways of doing things that is shared by members of an organization and taught to new membersâ⬠(2010, p. 370). This definition of culture best describes how an organization is built and how it functions on everyday operations led by individuals with a strategy of positive leading. According to authors Lussier and Achua, ââ¬Å"all organizations have a culture, whether they acknowledge it or not. Every organization has a culture, distinguished by its own beliefs and approaches to problem solving and decision making. An organizationââ¬â¢s culture is manifested in the values, norms, and expectations that leaders preach and practice, in its employeeââ¬â¢s attitudes and behavior, in ethical standards and policiesâ⬠¦Ã¢â¬ (2010, p. 370). The importance of leaders to understand the type of culture that his/her organization has is important to continue a process of strong work ethics, team effort, and skill development. In leadership studies, there is a power of culture that defines how well an organization can create and internal unity of its people, and also how well it adapts to its external environment in areas of sustainability and consumer/competitive preferences. The cultural power of internal unity generally describes how management supports the organizationââ¬â¢s vision, mission, goals, and strategy. Having a strong internal normative order can change the workforce into a creative one where individuals come together to share and develop new innovative ideas that will benefit the entire organization. It is important that management encourages its employees in a positive way by using motivational and identification tools, to increase individual desire and interest in his/her job to increase performance while also taking into consideration each and every single employee. While it is important to motivate employees to like their job, having rules and certain guidelines also promotes social control by setting certain requirement to maintain a safe and secure working environment. The external adaptation of cultural power describes the impact of outside influences such as consumer preferences towards the organizations product, or environmental awareness that must be taken into thought to reduce its negative impact on sustainability. Example of an organization who takes into consideration an external analysis is Southwest Airlines who ranks the highest in competitiveness within its market, taking into account the importance of customer preferences in keeping affordable price levels, consumer loyalty through programs of frequent flyer, and employee needs in both financial and health needs. Table 1.1 displays the total rating amount Southwest Airlines received against its competitors American and United Airlines. Along with a strong power of culture within an organization or group, the ability to acquire certain characteristics of performance to increase production or service is important. There are two types of performance ratings in organizational culture; one is a high performance mark that identifies an optimum group of individuals working together towards a similar goal or objective and one with a low performance mark indicating a lack of agreement with individuals with a strong concern for self-interest different from the general census. Low-performing organizations have four major characteristics of poor quality; these include insular thinking, resistance to change, politicized internal environment, and unhealthy promotions. Examples of organizations with an insular method of thinking are those with upper level management who believe and dictate what decisions to make based on their own knowledge and concern. This type of business strategy is ineffective since cooperative group decision making is not used, causing a decline in operational performance. Managers who always think their right, demotes interest and desire for individuals to work. This thinking method is evident in businesses where upper level management does not receive or disregards information channeled through operational levels of production. The organizations that are resistant to any changes in strategies or techniques are generally those that have continuously followed set guidelines and norms for long periods of time. This type of continuous and repetitive process categorizes this performance culture as low. Having the same type of methods of completing a work process makes the job more concerned with keeping oneââ¬â¢s position rather than expanding and seeking innovations. Businesses that follow this type of performance rank low since adaptability with external changes becomes difficult causing a negative impact to organizational success. Similarly, a highly internal politicized organization suffers from the lack of culture and team sharing when it comes to decision and critical thinking. Powerful leaders or executives tend to make the decisions and instruct followers on what to do next; followers simply agree to avoid reprimand or disapproval. Last, the use of negligent promotions from management places unskilled personnel in top level positions where strategic thinking is required. Having someone in the decision making spot without having the sufficient amount of knowledge or training, jeopardizes the entire operation and success of the overall organizational purpose. The opposite of a low-performing culture in an organization is one who is highly recognized for team development and value sharing within all levels of operations and management. An organization with a highly valued purpose and mission is usually accepted by its followers who share its similar views and thoughts. High performance organizations tend to also encourage communication between management and employees to sustain a strong culture to assure everyone is on the same path following the same values. A direct description of a standard high performing cultural organization is described as, ââ¬Å"a culture of discipline-where everyone is responsible to the values of the company, to its standards, and to the purposes it servesâ⬠(2010, p. 375). The characteristics that identify a strong performing culture is one with reinforcement tools, intensely oriented people, oriented results, and a major emphasis on achievement and excellence. Examples of such reinforcement tools include the use of slogans and ceremonies, in which the organization shares its values with its employees. Having such a tool makes much feasible the entry of new employees by directly displaying the core values and meaning. By being people oriented the organization exemplifies the importance of being a democratic business rather than an autocratic one where a single management official makes all the decisions. Individuals, who work in organizations where they are treated with respect and acknowledged for their contribution, tend to become more committed and hold their positions for longer periods of time. Setting goal markers and rewarding individuals based on total outcome versus the set marker improves individual desire to continue working at their best attainable performance or better. It is determined that what influences an organizationââ¬â¢s culture is the impact that the external environment has on the overall behavior of employees or followers. There are four distinct types of cultures that have been developed taking into account the organizational strategic focus along with the external turbulence. A competitive culture is one that represents a leader that encourages and values a highly competitive work network (2010, p. 385), in this kind of organizational environment the need to always be on top of the market is intense. Being competitive is a must to avoid falling back in face of competitors that may produce similar products and drive oneââ¬â¢s profitability down. Leaders in upper level management tend to create certain goal marks to promote his or her employees to work harder in return for profit gains and revenue increases; this type of working environment allows everyone to challenge themselves against the skills of others. Companies that exemplify competitiveness in the market include Pepsi Co. and Coca-Cola, Wing-House and Hooterââ¬â¢s, Dominoesââ¬â¢ and Papa Johnââ¬â¢s, etc. These companies are constantly monitoring each other in order to sustain greater performance than the other. Cooperative culture is when an organization represents a leadership belief in strong, mutually reinforcing exchanges and linkages between employees and departments (2010, p. 384). This type of organization tends to allows for employees to take on the task of decision making and developing ideas that can be advantageous to the overall performance. Management encourages relationship building between co-workers in order to increase skill and knowledge sharing in hopes of creating innovations. In todayââ¬â¢s market with the constant change of diverse work groups, this type of cultural development is highly regarded and implemented. The adaptive culture is one that represents a belief in active monitoring of the external environment for emerging opportunities and threats (2010, p. 384). Organizations that lean on becoming adaptive are the ones that bare risks in changing and implementing their procedures based on what the external environment is doing. Acknowledging the changes in consumer preferences and taking the time to research and engage in changing the overall method of operation is an example of an adaptive culture. Last, the bureaucratic culture is formed when a leader values order, stability, status and efficiency (2010, p. 385). In contrast to the adaptive culture, the bureaucratic culture is structured to follow a set form of guidelines and policies. This kind of culture will strive to maintain stability within its operations without any consideration to changes or innovations. What keeps these organizations operational is stability and repetitiveness; however, with constant changing external factors such as economic welfare and global sustainability, many organizations have to divert from this path and become one who encourages flexibility and change. Having a diverse culture in an organization is difficult especially when differences in making decisions and completing task vary from person to person. According to a global research program intended to describe the dimensions and framework of cultural differences, it describes sets of values different individuals appreciate varying from one region of the world to another. One behavioral factor is individualism within oneself, this is defined as a psychological state in which people see themselves first as individuals and believe their own interest and values are primary. This kind of individual does not promote collaborative thinking or relationship building at the workplace, while it still may be present, the percentage is low. Nations that hold high individualistic organizations are those that promote individual achievement; everyone has the ability to strive towards something for themselves. Countries such as The Unites States, Great Britain, and Canada represent a majority of individualism in organizations. The opposite is collectivism; this kind of organizational behavior describes a collective and team effort workplace, where everyone is responsible for a groups success. Organizations that are considered collective form group work sessions and team goals that encourage everyone to help each other out. In the case of failure, the loss is distributed among everyone; nobody is left to themselves. Nations that revolve around a collective environment include Greece, Japan, and Mexico. Another dimension in global culture is the level of masculinity and femininity within the organization. This type of influence does not necessarily have to do with gender or percentage of upper level management of different gender. Having a high level of masculinity generally describes the behavioral tendencies of being assertive and competitive. The exact definition of masculinity is a culture that emphasizes on assertiveness and a competitive drive form money and material objects (2010, p. 392). What this states is that organizations that have a masculine tendency are those that strive to be the best; the organization must compete against others and win. Having a drive for money and material objects describes the need to accomplish a goal or purpose to receive valuable results. Studies indicate that nations that display such masculinity in business and organizations are Japan and Italy. On the other side of the spectrum, femininity is described as a culture that emphasizes developing and nurturing personal relationships and a high quality of life (2010, p. 392). This kind of influence in organizations tends to focus majorly on the best interest of others, rather than being competitive. These organizations have more concern on providing quality to the market, offering emotional along with physical well being. Nations that are considered to preserve feministic views are Sweden and Denmark. Organizational diversity is mainly considered as a type of culture that must be embraced in order to utilize the most of human resource which provide new insights to developing and promoting a consumer product that may be demanded. Embracing diversity is advantageous to organizations by opening new doors to marketing strategies that retain longer relationships with consumers. Having different view on product development allows for flexibility and the sharing of ideas. It also has a tendency to retain talent within the organization; this is true since many individuals view diversity in a workplace as a plus and comfort zone where they can express themselves. Members who feel comfortable in their workplace working alongside others who may have similar thoughts or cultural preferences will most likely stay longer. Absenteeism on site would decrease tremendously and the amount of resignation would also decrease with long-term members due to diversity encouragement. This is cost beneficial since high turnover of employees imposes costs to the organization, and having long term members increase job satisfaction which results in better quality and overall gains. The support of diversity also allows for members to interact with one another to form innovative methods of working forming cost saving and even better output products. However, with the positive outcomes of embracing diversity there are several negative downsides if not assessed or managed correctly. Having a very diverse culture may pose a chance or competitiveness or unwillingness to work from employees. Some may view the presence of another person from a completely different background as offensive or threat. It is important to acknowledge what members do and how to assess everybodyââ¬â¢s differences and values. Communication can sometimes be blocked due to lack of communication skills, and differences of perception. The sender of a message may want to say something, but due to differences in culture, the receiver may decode the entire message incorrectly. It is important for leader to train employees on how to communicate messages and understand the appropriate language and expressions that can be used in the professional organizational environment. While achieving organizational diversity, leaders are constantly challenged with obstacles that make it difficult for them to organize a group of people with different backgrounds. It may not be impossible but may sometimes pose risks of having conflict within the workplace. One of these obstacles are individuals who are prejudice against others; prejudice is the tendency to form an adverse opinion without just cause about people who are different from the mainstream in terms of their gender, race, ethnicity, or any other definable characteristics (2010, p. 398). Examples of prejudice occurrences in an organization can be the standard image or perception that management or production work is strictly a maleââ¬â¢s job. Traditionally many women are pushed away from receiving equal rights as men in the workplace, but are now evolving into the new images of corporate management. There has been a drastic change in the amount of women in the workplace due to the external environment cha nging the way society lives. Another example of prejudice is discriminating against another person based on their ethnicity or cultural background. Many organizations are fighting against having levels of privileges and opportunities solely for a single group of people. The development of social-cultural group awareness and support associations from organizations has made available several opportunities for all types of peoples. A great example of an organization striving towards equality is Southwest Airlines personal websites created to promote and support several group of people of different race, sex, religion, and culture. This demonstrates that their corporate image stands behind their mission of providing everyone the same privileges and rights as everyone else. Having an understanding of organizational behavior and cultural makeup will enable managers to become better leaders. By analyzing the several characteristic each person within the organization holds will allow for managers to know how to confront that personââ¬â¢s needs and work with them to increase job satisfaction and performance. References Lussier, R. N., & Achua, C. F. (2010). Leadership Behavior and Motivation. In R. N. Lussier, & C. F. Achua, Leadership (pp. 70-101). Mason: South-Western Cengage Learning. Nadler, L. (1997, August 13). Leadership and Developing Diversity. Retrieved February 13, 2012, from Big Dog & Little Dog ââ¬Ës Performance Juxtaposition: http://www.nwlink.com/~donclark/leader/diverse.html
Wednesday, August 14, 2019
Ops 571 Final
What is the net result of reducing the duration of a task (crashing) not on the critical path? A. Decreased project overhead costs B. Reduced likelihood of liquidated damages for late delivery C. Increased slack time associated with the task D. Reduction in the project duration 12) The idea of the value density calculation is: A. finding a carrier that can handle the weight B. matching the weight of the product with an appropriate carrier C. deciding where items should be stocked geographically and how they should be shippedD. finding the minimum cost carrier 13) When designing a supply chain: A. cost vs customer service must be considered B. quality vs cost must be considered C. lead times vs payment terms must be considered D. customer service vs product customization must be considered 14) According to Hau Lee, which of the following types of products need to be delivered with efficient supply-chains? A. Custom products B. Innovative products C. Grocery products D. High technology products 5) Which of the following product promotional activities would probably help make the supply chain more efficient? A. Price promotions that expire on a specific date B. An ââ¬Å"everydayâ⬠low price strategy where prices are not dependent on quantity delivered with a specific order C. Special packaging for a specific event that occurs one time each year D. A 2-for-1 price promotion 16) The best operating level is: A. the maximum point of the cost curve B. the level of capacity for which average unit cost is minimized C. aximum capacity D. the level of capacity for which total cost is minimized 17) Capacity utilization rate can be computed as: A. Capacity used ââ¬â best operating level B. Capacity used x best operating level C. Capacity used / best operating level D. Capacity used + best operating level 18) The objective of __________ is to provide an approach for determining the overall capacity level of capital-intensive resources that best supports the company' s long-range competitive strategy. A. workforce management B. management supervision C. perations management D. strategic capacity planning 19) Lean production systems typically require A. delivery of large lots at frequent intervals B. buyer inspection of goods and materials C. multiple sources from which to purchase D. low inventory levels throughout production 20) Given that the previous forecast of 65 turned out to be four units less than the actual demand; the next forecast is 66. What would be the value of alpha if the simple exponential smoothing forecast method is being used? A. 0. 02 B. 0. 4 C. 0. 04 D. 0. 25
Tuesday, August 13, 2019
Water Laws in the United States of America Essay
Water Laws in the United States of America - Essay Example There are rights of tribes that need to be taken into account while framing these laws. Apart from this, there is also the issue of balancing conservation with development, which has become a major issue in the understanding of the use of natural resources. An awareness of the need for sustainable development has led to a greater amount of care being put into the conservation of the environment. Framing appropriate laws is one of the most important parts of the conservation of the environment. This paper shall look at the different laws that govern the use of water and water bodies in America. It shall also look at the conflicts that have arisen as a result of such laws and the violations that have happened. All of these go to show how important the preservation of the environment is and the problems that may result as a result of neglect and avarice. The United States Environment Protection Agency seeks to ensure the quality of the water that is found in American water bodies. Water Quality Standards are set to be maintained that are then strictly enforced. These not only prevent unauthorised factory effluents from dirtying the water, they also prevent the contamination of the water by people who live near these rivers and lakes. An important part of this endeavour is the Clean Water Act that results in the standards being constantly monitored. This act lays down specific standards that need to be revised regularly to meet the needs of the community and also to make it scientifically viable. Section 304(a)(1) makes it necessary for the criteria that are laid down for the quality standard of the water found in rivers and lakes to be measured according to the latest scientific discoveries. These discoveries are required to be done taking into consideration the state of the fish that live in these water bodies. CWA Ã §316(b) requires that the different aspects that are associated with cooling water intake structures are required to meet certain standards that ta ke into account the environmental impact that they have (Surface Water Standards & Guidance, 2012). The rights of the separate communities of America too have to be maintained while framing the laws regarding them. The maintenance of the peaceful fabric of the American society is to be given a great deal of importance while framing these laws. Laws that reserve a certain amount of water from certain water bodies are commonly known as Winter Rights. They prohibit the use of water that is reserved for the use of Native American tribes that are federally recognized, by others. It prohibits such use, unless such instances are those where the tribes relinquish their rights. These laws are created in such a way that they coincide with the laws that are created by the states for the protection of the rights of the Native American tribes. This has been done to avoid conflicts that may escalate into racial tension. Such laws need to exist to maintain the culture of America that integrates pe ople of different backgrounds and ensures their cultural and economic welfare. There is however, conflict regarding this law where it is felt that certain sections of the populations seeks to appropriate the water that is reserved for the federally recognized tribes in America (Winters Rights (Decision), 2011). Riparian rights are also an important part of the legal framework governing the use of water. It provides a person who owns a piece of land in front of a water body the rights to usage of the water and other resources associated with it. The owner of the land is allowed to use the vegetation of the bottom of the river right in
Managerial Economics Essay Example | Topics and Well Written Essays - 2000 words - 3
Managerial Economics - Essay Example les may not aim for high salaries at the beginning of their careers as they have future plans of settling a family whereas males aim for extremely high salaries and strive hard to get there. The height of aim possessed by both the genders also reflects upon the amount of earnings that they are able to get in the business world. Many organisations may show biasness against men and women. The men in these organisations may be favored more for their competency and performance level as compared to females. The males are considered as satisfying the customers in a better way as compared to females and therefore they are paid high against female employees. The female employees working at a higher designation in the organisations are expected that they may be taking maternity leaves and later on child nursing leaves more frequently and this is not the case with male employees, therefore the males are paid higher salaries than the female employees. The gender gap in the pay issues are related to the gender differences that are present and this causes differences in the entitlements of pay that is set up for both genders. Men are entitled to be more worthy of pay than women in most of the societies. One of the factors are that while negotiating the starting salaries at different jobs the male candidates tend to negotiate salaries many times more as compared to the female candidates who easily settle down on a low pay. Male employees negotiate their entire compensation packages in greater details as they have to run their families by looking at all the elements and benefits they are receiving from the organisation as compared to female employees who may not bother in detail about the benefits in detail. The male employees are willingly ready for taking up jobs that are physically dangerous whereas female employees may show definite reluctance in this case. Therefore this is also the reason that male employees are preferred more for physical jobs and also paid highly
Monday, August 12, 2019
Why the father and son relationship in the plays Hamlet Oedipus and Essay
Why the father and son relationship in the plays Hamlet Oedipus and the King and Death of a Salesman were important to the tragedy of each play - Essay Example The most important scene in the play is the supernatural confrontation of Hamlet with the ghost of his dead father. It is this scene that erupts a volcano of tragic and deepest feelings and emotions in Hamlet. We are enlightened on the character Hamlet and the relationship he shared with his beloved father. In the conversation that takes place between the father and son, the deep and intense admiration that Hamlet has for his father is clearly exposed, in addition to the differences they encountered between them. These experiences accounted for Hamlets inability to neither act in a decisive manner nor find real or concrete moral truths in his world. In ââ¬ËOedipus and the Kingââ¬â¢ Oedipus was cursed due to the sin of his father and from birth it was prophesized that he would kill his father and would marry his mother. The Oracle had said ââ¬â Lord of Thebes, do not sow a furrow of children against the will of the gods; for if you beget a son, that child will kill you, and all your house shall wade through blood." (The Oracle of Delphi to Laiusà 1. Euripides, Phoenician Women 20).To avoid such a catastrophe Oedipus leaves Corinth never to return again. But unfortunately, Oedipus had accidently killed his father after he confronted him on a narrow road and refused to let him pass, and following the solving of the riddle of the Sphinx was crowned the king of Thebes and unwittingly got married to his mother. In ââ¬ËDeath of a Salesmanââ¬â¢ by Arthur Miller, the author brings out the agony and angst of the middle-class in America who were trapped in a world of illusion. Everyone dreamed of the American Dream and wished to achieve it at any cost. The protagonist of Millerââ¬â¢s story is Willy Loman, a man in his sixties who seemed to be chasing the American Dream. Though he worked hard, he gradually understood that the dream was nothing but an illusion which he had been breathlessly pursuing all along. The
Sunday, August 11, 2019
Macroeconomics - Term Paper Essay Example | Topics and Well Written Essays - 1250 words
Macroeconomics - Term Paper - Essay Example In the regulation of the money in circulation, central bank makes adjustments to the interest rate that entails the price of borrowing money. This paper keenly discusses fiscal and monetary policies theories and application. Fiscal policy In their efforts to regulate spending and maintain taxation at an affordable level, governments emulates three types of fiscal policies. The first one is neutral fiscal policy. This type of policy is adopted when the economy is in equilibrium. One of the key aspects of neutral fiscal policy is that all the fund that the government uses to establish projects such as roads, factories, ports among others, is full obtained from tax revenue (Hansen 34). Another type of fiscal policy that government can use to achieve economic development is the expansionary fiscal policy. This entails a situation whereby government spending exceeds tax collected from the residents. This will mean that governments must look for donors to fund them so that they are able to maintain their economy at a competitive level. The policy must be looked keenly to make sure that funds borrowed from the donors are not diverted to other unplanned project .The third policy is contractionary fiscal policy. ... The federal government controls how the money is shared according to the financial year and how they have planned for the budget. The budget must be gone through by the stake holders that include president and the congress. The two bodies must work together so as to come with a comprehensive report that is going to make life bearable to its citizens (Larch and Nogueira 46). The president makes sure that the proposed budget is passed to the congress so that they can decide how much money the government is going to spend on public needs for example, the issue of security is a problem world wide and health care .On the other hand expansionary fiscal policy is commonly used by the federal government to make sure that their business problems are stabilized. Another application area in expansionary policy is the issue of unemployment to its citizens. The unemployed high number of people has to borrow money and return the same money with low interest. In contrast, contractionary fiscal poli cy is mainly used by the central bank or the finance ministry to make sure that the rapid economy growth of a country is put under control. This means that the government must come up with the measures to control it. The government has to increase the interest rates, the central bank then regulates the money their customers are going to deposit and the notes the other bank are going to hold. Monetary policy Monetary policy refers to the process by which the government through central bank regulates the money supply to its citizens with aim of controlling price fluctuations (Heyne et al, 19). This means that the government must make sure that the prices of commodities are stable. The government must still ensure that the interest rates and exchanges rates are guarded fully against
Saturday, August 10, 2019
Fight club Essay Example | Topics and Well Written Essays - 1000 words
Fight club - Essay Example As a response to the crisis, the narrator begins a nostalgic backlash that will help him to grapple with the outcome of the crisis. As the backlash materializes as aggressive affirmations of manhood, he comes disillusioned with the struggles in his life. He comes to terms with his crisis and decides to enter into a relationship with Marla Singer. The narratorââ¬â¢s life is characterized by undeviating job and life experiences. He considers his job boring and his life dreary. However, things turn when he met Tyler Durden during one of his flights. After the meeting, his life began to transform based on the ideas of manhood gained from Durden. The narrator realizes that emasculation in a society drives men to a rugged life, which leads to revolt. In the book, emasculation is a central theme. The male characters in the book have become slaves to a world of consumerism. The narrator notes that he ââ¬Å"was not the only slave to my nesting instinct. The people I know used to sit in the bathroom with pornography, now they sit in the bathroom with their IKEA furniture catalogueâ⬠(Palahniuk 43). Nesting instincts are not associated with men because they do not become pregnant, and they do not give birth. This is the first instant in which the audience meets an emasculated character in the book. This statement shows that men have abandoned their duties and assumed new roles that give them nesting instincts. Emasculation is a central theme because it has been portrayed by the narrator in his association with support groups. The narrator states that emasculation has been caused by the consumer culture. He finds solace in a support group for people with testicular cancer (Collado 47). In my opinion, this is a metaphor that is meant to support the idea for emasculation. During his interactions with members of the support group, he met Bob, who was a former body builder. Jack learns that as a result of the testicular cancer, Bob has started to develop
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