Tuesday, May 12, 2020
Quotes That Show Macbeths Intentions
The motor that drives the tragedy of Shakespearesà Macbethà is the lead characterââ¬â¢s ambition. It is his primary character flaw and the trait that causes this brave soldier to murder his way to power. Early on in the famous play,à King Duncan hears of Macbethââ¬â¢s heroics at war and bestows the title Thane of Cawdor on him. The current Thane of Cawdor has been deemed a traitor and the king orders him to be killed.à When Macbeth is made Thane of Cawdor, he believes that the kingship is not far off in his future. He writes a letter to his wife announcing theà prophecies, and it is actually Lady Macbeth who fans the flames of ambition as the play progresses. The two conspire to kill King Duncan so that Macbeth can ascend to the throne. Despite his initial reservations about the plan, Macbeth agrees, and, sure enough, he is named king after Duncans death. Everything that follows is simply the repercussion of Macbeths unbridled ambition. Both he and Lady Macbeth are plagued by visions of their wicked deeds, which eventually drive them insane. Brave Macbeth Whenà Macbethà first appears at the start of the play, he is brave, honorable, and moralââ¬âqualities that he sheds as the play develops. He comes on the scene soon after aà battle, where an injured soldier reports Macbethââ¬â¢s heroic deeds and famously labels him ââ¬Å"brave Macbethâ⬠: For brave Macbethââ¬âwell he deserves that nameââ¬âDisdaining Fortune, with his brandishd steel,Which smoked with bloody execution,Like valours minion carved out his passageTill he faced the slave.(Act 1, Scene 2) Macbeth is presented as a man of action who steps up when he is needed, and a man of kindness and love when he is away from the battlefield. His wife, Lady Macbeth, adores him for his loving nature: Yet do I fear thy nature;It is too full o th milk of human kindnessTo catch the nearest way. Thou wouldst be great,Art not without ambition, but withoutThe illness should attend it.(Act 1, Scene 5) Vaulting Ambition An encounter with the three witches changes everything. Their premonition that Macbeth ââ¬Å"shalt be king hereafterâ⬠triggers his ambitionââ¬âand leads to murderous consequences. Macbeth makes clear that ambition drives his actions, stating as early as Act 1 that his sense of ambition is ââ¬Å"vaultingâ⬠: I have no spurTo prick the sides onlyVaulting ambition, which oerleaps itselfAnd falls on the other.(Act 1, Scene 7) When Macbeth makes plans to murder King Duncan, his moral code is still evidentââ¬âbut it is beginning to be corrupted by his ambition. In this quote, the reader can see Macbeth struggling with the evil he is about to commit: My thought, whose murder yet is but fantastical,Shakes so my single state of man that functionIs smotherd in surmise.(Act 1, Scene 3) Later in the same scene, he says: Why do I yield to that suggestionWhose horrid image doth unfix my hair,And make my seated heart knock at my ribs,Against the use of nature?(Act 1, Scene 3) But, as was made apparent at the beginning of the play, Macbeth is a man of action, and this vice supersedes his moral conscience. It is this trait that enables his ambitious desires. As his character develops throughout the play, action eclipses Macbeths morals. With each murder, his moral conscience is suppressed, and he never struggles with subsequent murders as much as he does with killing Duncan. By the end of the play, Macbeth kills Lady Macduff and her children without hesitation. Macbethââ¬â¢s Guilt Shakespeare does not let Macbeth get off too lightly. Before long, he is plagued with guilt: Macbeth starts hallucinating;à he sees the ghost of murdered Banquo, and he hears voices: Methought I heard a voice cry Sleep no more!Macbeth does murder sleep.(Act 2, Scene 1) This quote reflects the fact that Macbeth murdered Duncan in his sleep. The voices are nothing more than Macbethââ¬â¢s moral conscience seeping through, no longer able to be suppressed. Macbeth also hallucinates the murder weapons, creating one of the playââ¬â¢s most famous quotes: Is this a dagger which I see before me,The handle toward my hand?(Act 2, Scene 1) In the same act, Ross, Macduffs cousin, sees right through Macbeths unbridled ambition and predicts where it will lead: to Macbeth becomingà king. Gainst nature still!Thriftless ambition, that will ravin upThine own lives means! Then tis most likeThe sovereignty will fall upon Macbeth.(Act 2, Scene 4) Macbeths Fall Near the end of the play, the audience catches a glimpse of the brave soldier who appeared at the beginning. In one of Shakespeareââ¬â¢s most beautiful speeches, Macbeth admits that he is short on time. The armies have amassed outside the castle and there is no way he can win, but he does what any man of action would do: fight. In this speech, Macbeth realizes that time ticks on regardless and that his actions will be lost to time: Tomorrow and tomorrow and tomorrowCreeps in this petty pace from day to dayTo the last syllable of recorded timeAnd all our yesterdays have lighted foolsThe way to dusty death.(Act 5, Scene 5) Macbeth seems to realize in this speech the cost of his unchecked ambition. But it is too late: There is no reversing the consequences of his evil opportunism.
Wednesday, May 6, 2020
Impact of Computer on Our Society Free Essays
string(83) " giving of change would be done manually for each customer after each transaction\." Ilorin Being a paper presented at the closing ceremony of the 1st computer training and issuance of certificate by Ascetic Computer Centre on the 15th September 2007 Introduction At this closing ceremony of the 1st computer training and issuance of certificate by Ascetic Computer Centre, let us lift our eyes toward the challenges that await us in the years to come. It is our great good fortune, as organisers, that time and chance have put us not only at the edge of a chapter in the lives of these graduands, but on the edge of a bright new prospect in their affairs ââ¬âa moment that will define their course, and their character, for many years to come. Guided by the ancient vision of a promised future, let us set our sights upon a set of graduands of new promise. We will write a custom essay sample on Impact of Computer on Our Society or any similar topic only for you Order Now However, our march to this new future seemed less certain than it did yesterday. We must vow to set a clear course to renew our generation. We should thank the organisers for their vision towards the creation of new Nigerians who will appreciate problems, exhilarated by challenges, and strengthened by achievements, Nigerians with better employment opportunities, who will be job creators. Computer is gaining vast popularity globally in recent years. Its use, which extended information-processing capabilities, are influencing organizations of all types and sizes bringing about changes in institutional goals, relations and operations. A large percentage of the activities in any institution or organisation comprise the processing of communicating information in the production and distribution processes. In the developing countries, computers are becoming part of everyday activities because of the kind of information they generate and their speed of delivery (Award 1988). 1 What is a Computer A computer is an electronic device, which accepts and processes data by following a set of instructions (PROGRAM) to produce an accurate and efficient result (INFORMATION). Since the ultimate aim of computer is to produce information, the art if computing is often referred o as information processing. The values of the computer lie solely on its high speed (due to its electronic nature), ability to store large amount of data, the unfailing accuracy and precision. These account for its supremacy over manual computation. The computer industry began in the late forties with a very small initial investment, and has been increasing both in strength and importance. When one looks back with analytical mind, we can conclude that computer technology keeps on advancing with remarkable increase in speed, accuracy and reliability. Computing in whatever field, science, business, and industry is reaching directly or indirectly into various aspects of our society thereby, without loss of generality has shrunk the world into such a compactness that no part can afford to lack behind or live in isolation. The advent of electronic computer was hailed by the world as a great revolution, like any industrial revolution, it promised to free man from simple routine jobs of repetitive nature by providing computing power. The first to have exploited this facility was the search for scientific enquiries. This was not unconnected with the fact that the designers of these systems were scientists themselves. Several problems have been eluding satisfactory solutions, though numerical methods of solutions exist but involved a very huge accomplished. Not only did computer make reliable solutions possible it equally opened new application methods or areas. To quote but a few are the optimization techniques of Operations Research (OR), the awe-stricken field of space research, the molecular restructuring in Biochemistry etc. It would have been tedious inexhaustible, incomplete and inaccurate to list all the possible applications of computer. There is no limit tot he uses and applications of computer; hence there is hardly a branch of science that can resist computer invasion. After science was business. Because of the natural conservatism, oppressive and exploitative nature of this class coupled with their cautions approach to things, did not deem the computing machine fit until its worth and capabilities had been proved. What came to be recognized and embraced by this class was the importance of computer for decision aking and data processing, for these reasons, elaborate mathematical tools like Operations Research (OR), Critical Path Method (CPM), and Program Evaluation and Review Techniques (PERT) which were developed in the early fifties attained respectable height in the eyes of this class. Common examples of data processing are payroll, accounting, inventory management, banking, airline seat reservation etc. These required a lot of input and output and relatively little computing. Hence the costs of computing in such areas tend to be closely bound by inputting the data and outputting the results. Some applications like airlines seat reservation, banking business and inventory control, call for real-time systems, which are dedicated to a particular application. They furnish ââ¬Å"immediateâ⬠responses to input signals. For examples, it is easier today for one to know his statement of account in a bank the moment signals for such requests are sent to the computer. Similarly debited or credited accounts are updated almost immediately for further transactions. The Need for Computer Most of our national projects could better be accomplished with the use of computers. Consider the registration of voters for election, common entrance examination into Nigeria Secondary Schools and conducting head counts (census) to mention only a few. These involve a huge volume of data, and would naturally be unwise if accomplished manually as it would be tiring, inaccurate and full of errors. 3 Going through the history/evolution of computers, the search for a realistic head count by the United States census bureau in 1890 led to the development of an electro-mechanical machine that helped greatly during the census by cutting down the man-hour required for the processing of the census data. The accuracy of computer cannot be over-emphasized and it conforms to the objective of using the computer. A cashier in a departmental store would definitely find life boring if all calculations, issuance of receipts and giving of change would be done manually for each customer after each transaction. You read "Impact of Computer on Our Society" in category "Papers" But with the aid of an adding machine the job is done accurately and he feels relieved. Going from the adding machine to the computer itself, the ability of the computer to perform repetitive tasks makes things easier. Once the computer is programmed using the adequate software the whole job is done with ease. The need for computer in our banking system cannot be underrated because of the huge amount of transactions and the accuracy desired. Similarly in the data processing environment where the bulk of the job is either sorting, merging files, updating information, searching for a particular key in a pile of data etc. , all these the computer does with ease and accurately too. In a developing economy like ours, the speed of the computer is again one of the distinguishing factors that make it inevitable. From the saying that ââ¬Å"Time is Moneyâ⬠, speed is equally synonymous to time, and since computers work as a phenomenal speed coupled with its ability to access records or information directly from remote locations, efforts should be directed towards introducing computer into every facets of human endeavour. Computer and Unemployment The extent to which the computer has come to permeate all levels of our society is immeasurable. In fact, it does not matter, what you plan to do for a living, you will encounter the computer. Its impact is analogous to that of the automobile and television. Things could be quite different with computers, but it has become part 4 of our society. The automobile is largely responsible for the air pollution and congestion of our cities today. The television has been accused of literally ââ¬Å"rotting our mindsâ⬠. Technology is usually a bit of mixed blessing and the computer is no exception. There is a popular slogan and fear that computer causes unemployment. From a professional point of view, it is untrue. The problem therefore is the ability to distinguish between unemployment and job displacement. Hence with a thorough distinction between the two, computer should be seen as a saviour from slavery. Before considering the question of displacement and unemployment, it might be necessary once again to define computer. Computer as earlier defined, is an electronic device or machine, which accepts data, following some sets of logical instructions to produce the needed results. Therefore we have to ask ourselves, can this so-called computer operate without the full assistance of human being? Can we just go to the computer for a complaint and have our problems solved without having to call on some pre-written programs meant for specific assignments, and written by programmers of course? The answer to these questions is NO. It is true that behind every successful man there is a woman, also behind the successful operations of computers there is a brain (the man). Computer on its own is just an empty box or a junk, and can in no way do any intelligent job, but with programs written the jobs are done. Therefore if a computer is given a job with the logical step to follow, it can do it better, faster and more accurately than human beings and these are some of the advantages. Consider the developed countries like Japan, USA, UK etc. , where their industries are filled with Robots. The word Robot means labour. Robots are no human beings but rather are machines that can be programmed to carry out complex and tedious task without getting bored or tired. Robots are blind, deaf and have no sense of touch. Therefore jobs that are hazardous, tedious, that could be left undone are done by these Robots. Considering an assembly plant where the 5 only thing a man does in such a plant is just to take the assembled goods out of the plant to give chance for the Robots to start assembling another. What a miracle it is to know that if a Robot breaks down in the course of its duty, almost immediately a fellow Robot (Doctor Robot) will attend to it to put it back to work. Think of the most dangerous tasks, which for the love of our dear lives we cannot do, these Robots do them. Ample examples are, blast furnace, disaster area (caused by poisonous gas) marshy areas etc. of course Robots do these jobs not thinking of any relations or parents and in fact, at a faster speed enhancing productivity. How does computer displace people and who are those displaced? As earlier mentioned, computer can only do a routine job and cannot think in any form. Now come to think of some well-structured organizations, UAC, SCOA and Leventis etc. , there are skilled personnel and unskilled workers/clerks. The dail y job of these unskilled workers are mere routine jobs like accounting procedures, oading and assembling goods which can be taken over by computers that will do it better, faster and in fact, more reliable thereby enhancing greater productivity. These labourers so displaced by computer can be taken to such areas as sales since more articles are produced. These workers should go out soliciting for markets. While the managers, engineers and technician can not be displaced because they as skilled in their job, they do real thinking. Therefore to supplement these greater efficiency and productivity of the computer, these skilled workers should be kept in an airconditioned office, and in fact, think of things yet to happen. No wonder the United States of American sees nothing left on earth again and hence proceeded to exploit the outer space. With these productive forces in operation, the prices of goods and the workers conditions of service would be improved. 6 Recently, these big time companies embarked on agriculture. These unskilled workers could be better utilized there, and more of them is needed for such jobs. In Africa, there are popular terms like laziness, redundancy, unproductively, etc. These are happening because there are no challenges to face. What we do mostly are routine jobs which could be boring thereby creating unhappiness and in such a situation we become less productive. The routine jobs should be given to computers while a conducive atmosphere be created for the skilled workers to think of ways of making the continent self reliant. Computer and Job Creation Let us consider a particular case study of an information system, the effect of computer and how it helps creating jobs. An information system means the collection and processing of data to yield useful information for decision making. To collect data, enumerators are needed to actually go to the field for data collection, typist are needed too and other people employed in the course of recording the data and finally statisticians computer operators use the computer for processing the data to give useful results (information). Again think of the case of our consultancy services. Any company going into such ventures like agricultural business needs a consultant having in his service Agricultural scientists, soil scientists and host of other professionals in allied discipline to perform the feasibility studies. They give useful information to customers are regards the type of crops to plant, the planting seasons, the fertilizers to apply and when, the type of pests attracted by such plants etc. , all these lead to greater productivity and this is one of the things the attention of our professionals should be directed to. Come to think of the perennial problems of Cancer, AIDS and some other deadly diseases, which we have no solutions to. Our scientist and medical personnel should use most of their time addressing their minds through intensive research towards providing a remedy to such ills of the society while the computer is left to do their routine jobs for them. History has it that the early jobs where computers were employed were in accounting, payroll, ledger etc. , all of which had fixed procedures or routine hence it was easier to computerize these systems to enhance productivity and save workers from boredom. However, it must be recognized that computer requires lesser number of pe rsonnel, it can produce more and it is not likely to go on maternity leave, nor go on strikes, nor demand overtime or old age pension etc. Also the use of computer creates more jobs such as consultancy, developing and selling of software and hardware while the displaced workers could be trained as salesmen to market the goods or taken to such areas like agriculture where they can serve humanity. Therefore computer will lead to re-arrangement in the organizational set up and this will lead to greater productivity. Conclusions Computer offer innumerable benefits in enriching the quality and quantity of goods and services in any organisation. Despite the prevalent nature of computer in virtually every aspect of human endeavours, it has not been widely integrated into the production and distribution processes in Nigeria. Its integration will not only revolutionize the economy, it will engender the development of individualââ¬â¢ innate scientific inquiry mind and their critical thinking abilities. COMPUTER PROVIDES LONGER LIFE, REDUCES WORKING HOURS AND GREATER REMUNERATION IN RETURN. REFERENCES Ayo, C, K. (1994). Computer literacy: Operations and appreciation. Egbe: Alanukitan Press Walton, D. (1984). Blob (Computer Program): Applied system knowledge (ASK). London: Unwin Ltd 8 How to cite Impact of Computer on Our Society, Papers
Saturday, May 2, 2020
Sexual Harassment and Bullying at the Workplace
Questions: 1.Fully define the terms Sexual Harassment and Bullying and discuss how they relate to power. 2.Research and explain the consequences of sexual harassment and bullying in the workplace. 3.Research and discuss an example of what organizations are doing to deal with power abuse. What are they doing to prevent and deal with sexual harassment and bullying in the workplace? Answers: 1. According to the definition set out in the Sexual Discrimination Act 1984, Sexual harassment is considered to be an unsolicited sexual behavior that leads a person to feeling offended, humiliated or intimidated (Bowling Behr, 2006). It does not entail any engagement which is manifested out of mutual consent. The law regards sexual harassment as one of the forms of sexual discrimination. Research indicates that in Australia, the number of women who experience sexual harassment is five times higher than that of men. On the other hand, Tracy et al. (2006) observe that bullying can be described as the psychological, physical, social or verbal abuse by either an employer or other persons at work. If bullying turns violent to include assault and stalking, it can be characterized as a criminal offence. Bullying, however, does not constitute acts which objectively are unfair but they form part of the core practices in the organization. If this practice is perpetuated on the grounds of sex, race, age or any other classified category, then it merits to be regarded as discrimination at the place of work. Sexual harassment and bullying have a direct nexus with power. Justice Mathews observed in the case of OCallaghan v Loder [1984] EOC 92022, 92023, 92024, that sexual harassment occurs if a person is subjected to unwelcome and unsolicited sexual conduct by another party which is in a position of power. In a majority of cases, persons who perpetuate sexual harassment and bullying are often in powerful positions because then the victim is intimidated and fearful of the impending consequences in case they raise an alarm. 2. Sexual harassment and bullying at the workplace present overarching consequences not only to the victim employee but also to the institution where they work and the society as a whole. The first outstanding effect of these vices is that the business incurs unnecessary human costs. Persons who are subjected to sexual harassment and bullying generally have a compromised health especially under the psychological part. Conditions such as anxiety, overt anger, depression and being emotionally distressed are often exhibited. As a matter of fact, recent research indicates that victims of bullying and sexual harassment show signs of Posttraumatic Stress Disorder (PTSD) (Mikkelsen Einarsen, 2002). The effects of these two transgressions are not only confined to the victims. Employees who witness incidents of bullying and sexual harassment are also subjected to mental agony and they often tend to be angered by the many things in the organization. With all these effects to employees in mind , the best returns on human capital cannot be realized. With respect to the organization, workers who are victims of sexual harassment and bullying are often absent due to sickness. In addition to this, even if they come to work, their performance levels are very low. This is majorly because their creativity is very low; loyalty to the organization is compromised and in most cases they engage in counterproductive behavior. They are always not satisfied and contemplate quitting at all times. These negative attitudes greatly hamper optimal performance of a given organization. Finally, these abusive practices once exhibited by a single member of the organization; have the propensity of being adopted by other persons within the institution. For instance, if the victim of sexual harassment or bullying is an employee; they may carry over this abuse to their own employees who subsequently end up abusing their own family members. Therefore, the whole society may end up feeling the pinch of these vices which are started in the organization. 3. A model of how the issue of power abuse within an organization can be found in the procedures of Australian Red Cross. The organizations Equal Opportunity policy establishes independent offices which are meant to tackle various grievances from all employees. There is established the position of the complaints officer who is tasked with handling all complaints by the employees. There is also a contact person at every station who is responsible for resolving any small disputes arising at the workplace while they are still at the rudimentary level. These two positions are bound by a requirement of utmost confidentiality with respect to all cases reported. Therefore, a complainant is free to make allegations about any person, however powerful without fear of being reprimanded or that the information could be divulged prematurely. With these mechanisms in place, very powerful persons in the organization are cautious not to engage in unbecoming conduct because they know that investigati ons can be discreetly commenced against them at any time (Nicolson, 2015). Sexual harassment and bullying have also been adequately addressed by many organizations in order to improve the working conditions of all employees. The very first step towards tackling these vices is to concisely define the meaning of the two terms from the organizations perspective and provide an elaborate list of conduct that may constitute such transgressions. Organizations are very cautious not to be subjected to a law suit predicated on the two grounds; therefore, they have established more effective internal preventive measures and dispute resolution mechanisms. A good structure from this front must first entail a very strict code of conduct which governs all employees from top to bottom regardless of the power they hold. Secondly, Organizations have resorted to using hotlines or specific complaints officials who are free of influence from any powerful figures within the institution. In light of all these procedures, it is also prudent to have all employees aware of consequen ces of conduct which falls under sexual harassment and bullying. This will enormously deter any such malpractices in the institution. Reference List Bowling, N.A. and Beehr, T.A., 2006. Workplace harassment from the victim's perspective: atheoretical model and meta-analysis. Journal of Applied Psychology, 91(5), p.998. Mikkelsen, E.G.E. and Einarsen, S., 2002. Basic assumptions and symptoms of post-traumaticstress among victims of bullying at work. European Journal of work and organizationalpsychology, 11(1), pp.87-111. Nicolson, P., 2015. Gender, power and organization: a psychological perspective on life at work. Routledge. Tracy, S.J., Lutgen-Sandvik, P. and Alberts, J.K., 2006. Nightmares, demons, and slavesexploring the painful metaphors of workplace bullying. Management communicationquarterly, 20(2), pp.148-185.
Sunday, March 22, 2020
Thursday, March 5, 2020
The Fundamentals of the Intertropical Convergence Zone
The Fundamentals of the Intertropical Convergence Zone Near the equator, from about 5 degrees north and 5 degrees south, the northeast trade winds and southeast trade winds converge in a low-pressure zone known as the Intertropical Convergence Zone (ITCZ). Solar heating in the region forces air to rise through convection which results in the accumulation of large thunderstormsà and plethora ofà precipitation, spreading rain around the Equator year-round; as a result of this, combined with itsà central location on the globe, the ITCZ is a key component of the global air and water circulation system. The location of the ITCZ changes throughout the year, and howà far from the equator it gets is largely determined by the land or ocean temperatures underneath these currents of air and moisture- otter oceans yield less volatile change while varying lands cause varying degrees in the ITCZs location. The Intertropical Convergence Zone has been called the doldrums by sailors due to the lack of horizontal air movement (the air rises with convection), and its also known as the Equatorial Convergence Zone or Intertropical Front. The ITCZ Doesn't Have a Dry Season Weather stations in the equatorial region record precipitation up to 200 days each year, making the equatorial and ITC zones the wettest on the planet. Additionally, the equatorial region lacks a dry season and is constantly hot and humid, resulting in large thunderstorms formed from the convectional flow of air and moisture. The precipitation in the ITCZ over land has whats known as aà diurnal cycleà where clouds form in the late morning and early afternoon hours and by the hottest time of the day at 3 or 4 p.m., convectionalà thunderstorms form and precipitation begins, but over the ocean, these clouds typically form overnight to produce early morning rainstorms. These storms are generally brief, but they make flying quite difficult, especially over land where clouds can accumulate at altitudes up to 55,000 feet. Most commercial airlines avoid the ITCZ while traveling across continents for this reason, and while the ITCZ over the ocean is usually calmer during the day and night and only active in the morning, many boats have been lost at sea from a sudden storm there. The Location Changes Throughout the Year While the ITCZ remains near the equator for most of the year, can vary in as much as 40 to 45 degrees of latitude north or south of the equator based on the pattern of land and ocean beneath it. The ITCZ over land ventures farther north or south than the ITCZ over the oceans, this is due to the variations in land and water temperatures. The zone mostly stays close to the Equator over water. It varies throughout the year over land. In Africa in July and August, for instance, the ITCZ is located just south of the Sahel desert at about 20 degrees north of the Equator, but the ITCZ over the Pacific and Atlantic Oceans is usually only 5 to 15 degrees North; meanwhile, over Asia, the ITCZ can go as far as 30 degrees North.
Tuesday, February 18, 2020
To what extent does the concept of ethics affect online business Essay
To what extent does the concept of ethics affect online business - Essay Example In relation to the study the company which has been selected is Global Media, a London based online mass media organisation which acts as a platform where different mass media houses can market their offerings to the customers. Advertising as well as marketing companies can utilise the services offered by Global Media Company to market as well as distribute their products. These products and services include literary works as well as advertisements for various goods that are related to the media fraternity. This online agency is primarily concerned with providing a network for media organisations to link with their customers. Global Media has a large database for customers as well as providers of different products and services. All the transactions between the media organisations as well as customers are facilitated by Global Media Company. Payments for these products and services offered are done online. Basically, Global Media Company is responsible for compiling and managing the database for various media houses. The organisation operates at a global level since it deals with stakeholders from different parts of the world. A close analysis of the operations of Global Media Company shows that there are broadly two lessons that can be learnt from it. The network approach taken by the organisation overlooks some of the important societal values that characterise people from different backgrounds since the company is mainly driven by the concerns of the proprietors. The other issue that is of concern in this particular case is related to ethical marketing since it can be observed that the company at times give precedence to its profit oriented goals at the expense of the needs of the other stakeholders at large. Thus, these two issues are discussed in detail below and the lessons leant are also outlined. The other part of the report will discuss the measures that can be taken by the managers at Global Media to resolve the issues for the betterment of the compan y in its future operations. Network approach The main issue with the network approach by Global Media is that the model of communication is mainly linear. The main problem with this model is that special consideration is given to the sender of the message and it follows a linear direction. However, the use of the internet has made it possible for information to flow from different angles where all the stakeholders are treated as equal. According to McQuail (2000), this model of communication is criticised because it follows a linear channel from the sender to the recipient. Indeed, the organisation is in business of marketing various products and services to different stakeholders but the problem is that the communication process is skewed in favour of the people who are responsible for designing the message. Molwana (1997) acknowledges that there are several communication networks in society and everyone belongs to one or several of these. As such, people are members of groups, coo peratives and other
Monday, February 3, 2020
Today's Crisis - 2009 vs. 2007 Crisis Essay Example | Topics and Well Written Essays - 2000 words
Today's Crisis - 2009 vs. 2007 Crisis - Essay Example Some of the biggest financial companies of the world, including Lehman Brothers and Merrill Lynch, have collapsed completely during this time (Savona et al., 2011, p.295). The crisis situation involves large number of aspects from restructuring of financial markets to that of economic policies across the globe (Kent et al., 2011, p.128). This decline has caused the decline in the financial as well as monetary system of countries across the globe. The financial crisis of 2009 has been a continuation of the financial crisis of 2007. This crisis has occurred because of the failure of world financial system to cope up with the growing level of demand for different goods and services and capital accumulation. This fact has been accelerated by the fact that during this time the rate of unemployment across the globe has reached a very high level (Poole, n.d., p.442). This paper is aimed at providing an analytical perspective of the crises situations. Global effects: The world economy has be en facing a 30% risk of entering into the depression. This figure has been coined according to the ââ¬Å"Economist Intelligence Unitâ⬠. The London consultancy has defined the fact that an economic or a financial depression as growth or development process in the developed as well as developing world averaging lower than 1% per year between the time period of 2009 and 2013. There has been a 60% chance that the fiscal as well as monetary policies now being implemented will stabilise the world economy by the next year that it said. "Deflation would be characterised as mass bankruptcies and job losses," the London consultancy argued. A third situation in which lessening assurance in the US directs to the dollar getting dumped contains a 10% probability, it argued. The ââ¬Å"International Monetary Fundâ⬠observes the global economy contracting 2012 for the very first time since times of ââ¬Å"Second World Warâ⬠. The ââ¬Å"Economist Intelligence Unitâ⬠has estimate d 95 nations are at "high" or at "very high" risk of economic or financial unrest (World 'faces 30% risk of depression', 2009). Several banks across the country have failed or collapsed due to the prevalence of the financial crisis situation. These banks have been acquired by other banks or financial corporations. Hence, the negative effects have been exposed to the level of customer confidence on the banking and financial system of the country (Failed Bank List, 2012). The profundity of the financial and economic recession as well as widespread deflation has suggested the fact that nominal monetary policy rates are required to fall into negative region in order to supply sufficient incentive, which is impossible. Theoretically, in the equilibrium, the cost of acquired capital in respect to the aggregate economy must roughly be comparable to the rate of growth of nominal GDP. This is used as the substitute for the rate of capital return in respect to the aggregate economy). Both the se policy rates as well as the rates of growth of GDP values have been reduced during this time of deep financial recession across the globe (A World Of Credit Easing, 2009). Also the creation of large number of tent cities across the US has revealed the severity of the crises situations which have been outcomes of greater level of job losses and loss of houses. These tent cities have been found in New York and in New Jersey to a great extent (USA tent 'cities' on rise as US economy crumbles (23Dec11).flv, 2012). Effects on UAE: The emerging market (EM) nations in the ââ¬Å"Middle East and North Africaâ⬠(MENA) region (which also incorporates UAE and all other GCC nations) have been comparatively insulated from the effect of the crisis
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