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Essays on Economics

Productivity On The Rise
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... program found a way to achieve the productive society that President Clinton felt was imperative for the United States. The Welfare-to-Work program is a simple and easy way for recipients to better themselves. The program sets limits, obtainable goals, and eliminates the long-term welfare recipient. A person may only receive welfare for a maximum of twenty-four months, but not necessarily a consecutive twenty-four months. Welfare participants of the Welfare-to-Work program enroll in job training courses that fit their personal skills and receive help in job placement. Once they are in these jobs, the recipients’ opportunities to move up and on with their ...



From Welfare To Workfare
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... a favourite for the upcoming election. With this new "common sense revolution", came Ontario Works, or workfare. (a program designed to help recipients find their cheques) The workfare topic was a huge issue to voters, and will effect not only the thousands of Ontario welfare recipients but every Ontarioan in one way or another. When the election was close, Mike Harris often called workfare his "hand up" on the other candidates, (Legislative Assembly of Ontario, Nov. 17, 1995, 846), arguing that the current welfare system is just "hand outs". The decision on behalf of the conservative party to introduce Ontario Works in Ontario is an interesting one, with respe ...



National Semiconductor: Business And Ethics
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... one would have to look at the mitigating factors of both the employees and their superiors along with the role of others in the failure of these components. Next you would have to analyze the final ruling from a corporate perspective and then we must examine the macro issue of corporate responsibility in order to attempt to find a resolution for cases like these. The first mitigating factor involved in the National Semiconductor case is the uncertainty, on the part of the employees, on the duties that they were assigned. It is plausible that during the testing procedure, an employee couldnt distinguish which parts they were to test under government standa ...



Total Quality Management In Construction
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... primly senior management, decided how the business was to operate, including what the policies and objectives were; how it was organized; what jobs were established; and how should they be done. It was an unquestioned axiom that if everyone did what the upper management required, the business would be successful. Organizations are composed of the people in them and the managers who lead them. People respond strongly to leadership expectations and rewards. If they are given little power in their jobs, they have little interest in improving them. If leaders exhort the members for better output but reward (promotions, bonuses, recognition) for mostly higher out ...



Interview With Martella Paper Products, Inc.
Download This PaperWords: 1708 - Pages: 7

... Jonathan Martella is the younger brother of Michael Martella. Jonathan graduated from CW Post in 1983 and has played a significant role in Martella Paper products ever since. Jonathan's official title at Martella Paper is Vice-President. Along with his older brother Michael, the two control all aspects of the company. Jonathan's responsibilities at the company include, but are not limited to, overseeing sales, purchases, and marketing. Jonathan has always played a large part in the day to day activities of Martella Paper, and he hopes to continue to do so throughout the rest of his career. I chose to interview Mr. Martella because I one day hope ...



The Australian Dollar
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... of Canada and the New Zealand). Outlook: another look at the fundamentals: The A$ may have gained recently against the USD but the move has been modest, retrieving less than half of the decline from $US0.82 in December 1996. A number of forecasts have been published suggesting that further A$ appreciation is in prospect for the year ahead. While it is commonly accepted that "the trend is your friend", all the fundamentals must be taken into account in the longer term. The fundamentals currently being overlooked (which we feel will come to matter) are (1) the outlook for commodity prices; (2) the extent of the Asian recession, (3) the path of the current account ...



Bonds And The Bond Market
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... bodies gives, to the other, use of their money for a period of time and, in return, may receive a "bond". The bond issuer agrees to a fixed rate of return which he will pay the supporting person or business. This fixed rate of return is an amount, in percentages, which is paid at regular intervals until some future specified time ( the "maturity date"). Upon reaching the maturity date, one's original investment is returned to them. There are many reasons why people invest in bonds. For example, if one chooses a stable and profitable bond, it will provide a steady source of income through interest payments during the lifetime of the bond. As well, the risk ...



CLONAID. . . It Makes Sense
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... no ethical problem with the procedure. “Parents have the right to decide to have a baby who will bear the genetic code of one of them.” she states. This way, a widow can now have her child look identical to her dead husband through the process of frozen sperm implantation. You may be wondering, “What if the person I want to clone dies?”. Well, at CLONAID, they're way ahead of you. It offers a service called “ INSURACLONE which, for a small fee of fifty thousand dollars, they will provide the sampling and safe storage of cells from a living child or adult in order to create its clone if the person happens to pass away. In case of a genetic disease, the ce ...



Ben And Jerry's
Download This PaperWords: 1447 - Pages: 6

... ice cream; the article stated that Ben & Jerry’s in Burlington, Vermont, makes the best ice-cream in the world. Ben & Jerry’s went public in 1985 to raise additional capital to finance growth. Going into 1990 Ben & Jerry’s were available in most major U.S. markets. By 1994 Ben & Jerry’s were distributed in all 50 states and the company was marketing 29 flavors in pint cartons and over 45 flavors in bulk. The company had 100 scoop shops in Indiana, Illinois and California. It also had 4 shops in Canada, 3 in Russia, and 10 in Israel. By the mid-1994 Ben & Jerry’s lead the market in luxury/gourmet or super-premium ice-cream segment, surpassing Haagen-Daz ...



Explaining A Concept: Concept Of The Invisible Hand In A Laissez-Faire Economy
Download This PaperWords: 853 - Pages: 4

... or other barriers. This is where the term laissez-faire is introduced. It’s direct translation in French, “leave alone to do”, is self-explanatory. A strong believer in this type of economics is Adam Smith, both a philosopher and an economist. Born on 1723 in Kirkcaldy, Fife, he studied at Oxford, and became a professor of logic at Glasgow (1751), but took up the chair of moral philosophy the following year. In 1776, he moved to London, where he published An Inquiry into the Nature and Causes of the Wealth of Nations (1776), the first major work of political economy. This examined in detail the consequences of economic freedom, such as division of labor, th ...




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