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Essays on Economics

Employee Empowerment
Download This PaperWords: 2530 - Pages: 10

... managers and workers will be testing each other in terms of honesty, openness and trustworthiness. Managers must learn to trust people, respect them and earn their trust. As trust develops, each employee needs to acquire more knowledge and skills, accept increasing responsibility and be committed to the success of the organization. Empowerment requires a high level of commitment and it is reached through this process of growing trust. Informing Effective communication is an essential condition for managing change and supporting an empowered culture. People who are 'in the know' tend to feel more strongly committed to the organization's goals. In alm ...



Tariffs And Trade Restrictions To Save Jobs
Download This PaperWords: 1241 - Pages: 5

... only a tiny part of the economy, imagining how it would be affected by taxing its foreign competitors, ignoring the remainder of the economy, and then concluding that what is best for that small part of the economy must be good for the whole. It's a laughable logic. Import restrictions can take several forms. Typically, Congress will use tariffs and quotas to protect a domestic firms from foreign competition. Tariffs are a monetary tax on each unit of an imported commodity. Quotas are a numerical limit on the annual quantity of particular imports. A more subtle form of protectionism is the minimum quality standard. In the generally rare cases in which the marke ...



U.S. Wage Trends
Download This PaperWords: 1224 - Pages: 5

... tops the list. Carnegie Mellon University reports, “recruitment of it's software engineering students is up this year by over 20%.” All engineering jobs are paying well, proving that highly skilled labor is what employers want! “There is clear evidence that the supply of workers in the [unskilled labor] categories already exceeds the demand for their services,” says L. Mishel, Research Director of Welfare Reform Network. In view of these facts, I wonder if these trends are good or bad for society. “ The danger of the information age is that while in the short run it may be cheaper to replace workers with technology, in the long run it is potentially self-dest ...



Zoologists
Download This PaperWords: 429 - Pages: 2

... science, one foriegn language, and every possible biological and physical science. In college, a Bachelors degree is the minimum you need. If you want to work in the research, teaching, or administrative area, you need graduate study leading to a Master's or Doctoral degree. This is also required in some zoos and aquariums. Salary: Salaries vary depending on the education, experience, assignments, area of specialization, and type of employing organization. With a Bachelor's Degree, you can earn from $20,000.00 to $25,000.00 per year. With a Masters' Degree, you can earn from $25,000.00 to $32,000.00 per year. With a Doctorial Degree, you can ear ...



Postal Service As A Monopoly
Download This PaperWords: 1276 - Pages: 5

... time there was talk of privatizing the Postal Service was in 1979 when the Postal Service was losing vast amounts of money in the long run. But since the Postal Service is a necessity for America, the government had to subsidize the service in order for it to continue in operation. In 1979 the United States Postal Service had a cash flow of $22.5 Billion and was additionally receiving $176 million from investing(United States, Intro.). Even with this added revenue the Postal Service was still greatly under funded on its own (United States, Intro.). During this time it was discussed to privatize the postal service and introduce competition because of the extre ...



A Career In Graphic Design
Download This PaperWords: 1179 - Pages: 5

... including training, knowledge of specific elements, using criticism positively, and a keen eye for color and balance. The cost of being a graphic designer must also be factored in. Graphic design is a career that offers a creative outlet but can be quite stressful, which is why designers must be cooperative and work well with others. A dexterous designer knows how to use criticism positively. Oftentimes criticism is what makes a piece of art better. Depending on the project, job duties may include designing and preparing layouts, sketching out ideas, arranging the materials needed, or putting together the final image. Since there may be different require ...



Immigration And Its Effect On The Economy Of The U.S
Download This PaperWords: 1578 - Pages: 6

... of individual nation-states." There is no international obligation for any nation to allow others to enter or to work, in fact, most nations do not admit immigrants for permanent settlement Mass immigration has played a significant role in the economic history of the United States, nevertheless the harsh fact is that what may be necessary and beneficial at one time, may not be so at another. The demand for labor is being affected by "restructuring forces stemming from the nature and pace of technological change; from the stiff international competition the United States that now confronts for the first time in its history; from major shifts in consumer spending a ...



Industrial Engineering Technicians
Download This PaperWords: 1130 - Pages: 5

... must be able to do many things. I will list a few of the requirements of an industrial engineering technologist in the rest of this paragraph. Industrial engineering technicians use the principles and theories of science, engineering, and mathematics to solve problems in research and development, manufacturing, sales, construction, and customer service. Many engineering technicians assist engineers and scientists, in research and development. Others work in production or inspection jobs. Industrial engineering technicians study the efficient use of personnel, materials, and machines in factories, stores, repair shops, and offices. They also prepare la ...



Harley - Davidson Inc. Motorcycle Industry
Download This PaperWords: 2777 - Pages: 11

... and domestic sales through franchised outlets. Industry sales of motorcycles were shrinking in the early l990s because of the recession and the competition from computers and electronic products decreasing consumers' discretionary income. Sales of accessories and parts make up 36% of total retail sales and is a viable area for producers to explore because people want something to differentiate their bikes. Previously, motorcycles were viewed as a cheap means of transportation. By 1992, they came to be viewed as a recreational, or a luxury item. This new perception of motorcycles led to the introduction of more expensive models with higher prices. Thi ...



When Did Johns-Manville Know?
Download This PaperWords: 871 - Pages: 4

... problems from asbestos exposure were documented as early at 1907, asbestos related illness was reported by the Journal of the American Medical Association in 1928. These concerns were enough to cause the Prudential Insurance Company to suspend life insurance policies on asbestos workers. The Johns-Manville company was a producer and supplier of asbestos in the United States. According to J-M, the company had followed asbestos safety standards, later set forth by the U.S. Public Health Service in 1938, since the early 1930’s. The firm also alleges they had no knowledge of asbestos related cancer until as late as 1964. According to the evidence presented in the t ...




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