Why the admissions committee should admit you to the Pace University Essay

Why the admissions committee should admit you to the Pace University doctoral program in business - Essay Example Having been into post graduate studies as a master’s degree student, I acknowledge that this is a far cry from the undergraduate academe, in which students feel much less pressure. Post graduate students are expected not only to be educated by listening, but more importantly, to learn by putting into practice all the theories and concepts learned in class. Doctorate students are usually accomplished individuals in their chosen fields. Their professional journey goes hand in hand with seeking higher education. For graduate school students, class lectures can easily transform into class discussions, whereby most of the time, professional experiences are shared and discussed. Graduate schools are all about adults who have individual career experiences, coming together because of a common goal. To succeed in a Doctorate program, one must have a balance of technical or professional know how, and an innate desire to learn more. He must have sufficient knowledge on the course to stay afloat in class discussions. The graduate student must remain competitive in school because his classmates are equally accomplished individuals who have their own experiences to share. Most importantly, he must have humility to acknowledge that he doesn’t know everything and that the very reason for enrolling in a post graduate course is to learn more. I find it also necessary for a postgraduate student to have heaps of patience. Managing stress in the workplace in one thing; handling school related stress brought about by deadlines is another. There is more demand from a postgraduate student. He is expected to deliver utmost quality in school work; he must have the dedication and focus to thrive in this very competitive environment. If he does not have the conviction to finish the course, it is always easy to drop everything. But perseverance is one trait that the postgraduate student must possess in order to succeed. Lastly, time management holds the

Drug policy in Medix Production Plant Assignment

Drug policy in Medix Production Plant - Assignment Example The increasing level of drug use in the company premises poses the following challenges to the company. First, it leads to low work output. Employees working under the influence of the drugs are prone to mistakes. Conversely, the company has been failing to meet its targets. Second, the drug abuse in the company premises contravenes the work ethics. The situation predisposes the company’s management and the workers in conflict. The fear is that when the company implements it working code, it is likely to lose workers or engage in court cases with the workers union. The company has observed that prolonged period of drug abuse in the company premises would make the workers to believe that the act does not contravene the company’s operation codes.   The trend would expose the company to external attack especially from authority. Some employees show occasional abuse of drugs in the company’s premises. While the occasional uses may not view their conduct as a vice, it exposes the company to criticism from fellow workers and the public. Generally, drug use in the company is a threat to the company’s future. Factors that promote drug use Drug use among the employees stem from an individual choice made before joining or after the employee joined the company. Studies show that drug use has both biological and psychological effects (Wald & Hutt). The psychological effects influence the person’s cognitive ability thereby influencing the normal behavioral trends. Since the drug use leads to addiction.... First, it leads to low work output. Employees working under the influence of the drugs are prone to mistakes. Conversely, the company has been failing to meet its targets. Second, the drug abuse in the company premises contravenes the work ethics. The situation predisposes the company’s management and the workers in conflict. The fear is that when the company implements it working code, it is likely to lose workers or engage in court cases with the workers union. The company has observed that prolonged period of drug abuse in the company premises would make the workers to believe that the act does not contravene the company’s operation codes. The trend would expose the company to external attack especially from authority. Some employees show occasional abuse of drugs in the company’s premises. While the occasional uses may not view their conduct as a vice, it exposes the company to criticism from fellow workers and the public. Generally, drug use in the company i s a threat to the company’s future. Factors that promote drug use Drug use among the employees stem from an individual choice made before joining or after the employee joined the company. Studies show that drug use has both biological and psychological effects (Wald & Hutt). The psychological effects influence the person’s cognitive ability thereby influencing the normal behavioral trends. Since the drug use leads to addiction, employees using drugs find it difficult to live without consuming the drugs. The biological effects of drug use dictate the body activity thereby exposing the drug user to constant consumption. Scientifically, drug addictions influence the body functions. This tends to explain the employee’s choice to sneak and abuse the

Chinese contract law and the economic reform Essay

Chinese contract law and the economic reform - Essay Example The paper delves into how China’s previous contract laws had many contradictions and failed to meet the needs of China’s developing market economy. It then looks at why China needs a good legal system for economic reform, why a legal system is important for economic reform and what the relationship between them is. Lastly, the paper looks at why Chinese people still do not have confidence for china's law system and how the government has attempted to address the problem. Influence of Confucianism in Ancient and Present China Confucianism which means ‘The School of the Scholars,’ is the cornerstone of traditional Chinese based on the traditional culture of the Xia, Shang and Zhou Dynasties. It is attributed to K’ung Fu Tzu (Confucius in English) was born in 551 BCE in the state of Lu (modern day Shantung Province). He became the most influential and respected philosopher in Chinese history and his discourses were written by his disciples in the Analects. Confucianism combines a political theory and a theory of human nature, resulting in a prescriptive doctrine or way (dao). The political theory is based on the idea that the legitimate ruler derives authority from heaven's command, or the mandate of heaven, and is responsible for the peoples' well-being and for peace and order in the empire. In terms of human nature, humans are essentially social animals whose ways of interaction are shaped by convention or ritual (li), which prescribe proper behavior for a given situation. Good government is one that values hierarchy, group orientation, and respect for age and tradition. He also argued that societal order and harmony can be achieved if everyone understood their rank in society and were taught the proper behaviors of their rank.2 His teachings spread and was accepted across China and by around 100BC, the Han Dynasty declared Confucianism to be China’s official state philosophy. During the Tang Dynasty, however, it lost its offi cial sanction but over the last two millennia, Confucianism has remained the dominant orthodoxy in Chinese society. It thus affected everything in China; education, government, public and private attitudes and, etiquette.3 His writings deal primarily with individual morality and ethics, and the proper exercise of political power by the rulers. Confucian ethical teachings include such values as: Li (includes ritual, propriety, etiquette); Hsiao (love within the family: love of parents for their children and of children for their parents); Yi (righteousness); Xin (honesty and trustworthiness); Jen (benevolence, humaneness towards others; the highest Confucian virtue); and Chung (loyalty to the state). His vision centered on respect children show to their parents; the high regard given elders and lawful authority figures; and an appreciation for learning, protocol and ceremony.4 Confucianism has influenced the Chinese attitude toward life, set the patterns of living and standards of so cial value, and provided the background for Chinese political theories and institutions. Confucianism promotes collective interests and community welfare through emphasis of the educational or remolding process in serving the common good of the society. This concept is still upheld in China to date as seen in the government’s attempts to serve the people and reduce the big gap between first tier cities and lower tier cities.5 Confucianism also projects the concept of harmony which states that oneself must live in harmony with everything around him and stay free of guilt or sin. In order to create harmony people should use what create order and harmony amongst all things by using all the knowledge the world could

Collapse paper Essay Example | Topics and Well Written Essays - 1250 words

Collapse paper - Essay Example Economic history of the United States of America extends over a period of less than two and half centuries. Over the course of this period, the US economy had multiple series of progress and problems. The United States has grown from an alliance of thirteen British colonies with distinct economies and institutions to the unified state which nowadays accounts for more than fifth of the world economy ("Economic history of the US"). US economy today is based on three major elements. The first element is its natural resources. The continent of the United States has rich mineral resources and favorable terrain, as well as mild climate conditions. It also has broad access to the ocean and corresponding transportation routes, encompassing the coastlines of both the Atlantic and Pacific Oceans, as well as that of the Gulf of Mexico. Additional shipping routes are ensured by a host of rivers crossing the country and the Great Lakes along the border with Canada. These extensive transportation channels endorsed the economic growth of the USA, especially at early stages, and played a significant role in uniting America's 50 individual states into a full-fledged economic unit ("Economy of the United States"). The second ingredient is its human resources. USA has the third largest population in the world, which was estimated to be ca 295 mil people in July 2005 (CIA). The labor force is one of the major factor of economic growth and therefore prosperity of the country. On the other hand, country's citizens are also its biggest asset. Their welfare should be one the top of government's priorities list. Good environmental conditions and balanced habitats are essential to the welfare and health of the people, which makes environmental regulation extremely significant. The third element is industrial production and investments. USA is a home to corporations, which are complex organization governed by extensive set of rules and owned by stockholders. Boosted by the advent of mass production corporations like General Electric have been crucial in shaping the country. Using stock exchanges and financial markets American investors and banks managed to substantially increase their capital investing and withdrawing funds from profitable corporations. In the current era of globalization US investors and corporations have even larger influence on the world than ever before. ("Economic history of the US") It is essential to know these because above described components are vital in making the economy of the United States prosper. Therefore, it is imperative that the US government initiate regulation in order to preserve these valuable resources. Some regulations and policies that control these resources, however, are at times being overlooked not only by private corporations but the US government itself. Some private corporations in the USA abuse the use of natural resources, which leads to the destruction of the environment and increase in pollution, both harmful to human beings. The government, on the other hand, sometimes disregards these issues and even makes some initiatives to accelerate the economy at the expense of environmental deterioration. One of the recurring problems faced by the US government is energy. The government has been constantly seeking for appropriate means to regulate the use of energy and find new energy sources. US government has been extensively seeking for such sources as oil, nuclear

Money, Banking & Finance Essay Example | Topics and Well Written Essays - 2000 words

The Fisher Theory of Nominal Interest Rates and Inflation Rate - Essay Example According to the economist, interest is ‘an index of a community’s preference for a dollar of a present (income) over a dollar of future income’ (Library of Economics and Liberty, 2008). The label that he has put to his theory of interest rate is ‘the impatience and opportunity’. Fisher has postulated in this theory that interest rate results from an interface between two forces: the time preference that people have for capital at present and the principle of investment opportunity (Library of Economics and Liberty, 2008). Irving Fisher’s theory of interest establishes a link of nominal interest rate (i) to the rate of inflation (П) and the real rate of interest (r). The rate which is derived after making an adjustment for the inflation is the real interest rate. This is the interest rate which the lenders should consider for lending their funds. The relationship that has been presented by Fisher between these three interest rates is: Thus, the above relationship states that if the rate of inflation increases by 1 percent, then the nominal interest rate increases by more than 1 percent. This means that there is a positive relationship between the rate of inflation and nominal interest rate (University of Missouri-Kansas City, 2010). In the next step of the analysis, the effect of taxes on the real rate of return will be taken into account. Let a country be considered with currency C. Then let it be the nominal risk-free rate of interest, rc be the real interest rate and Пc be the expected rate of inflation. Let to be the rate of tax on the interest income and r*c be the after-tax real rate of return. The after-tax rate of return is ic (1-to). Then, From the above expression, it can be explained that with the increase in the rate of inflation, the nominal interest rate also increases by a few proportion of the increase in inflation rate (Mulligan, 2002).  Ã‚  

Description of the company as General Merchandise Store Essay

Description of the company as General Merchandise Store - Essay Example The company has also established a number of supercenters in major cities to meet the increasing demand for one-stop family shopping. These stores combine general merchandise and full groceries ranging from bakery goods, beverages, fresh seafood, fresh farm produce, condiments and spices, frozen foods, canned and packed foods, meat, and dairy products to dry goods and staples. Most of these are open 24 and have specialty shops like cell phone store, pharmacy, restaurants, hair salon, tire and tube express among others. The neighborhood markets bridge the gap between the supercenters and the discount stores by offering a limited range of general merchandise but a full range of health and beauty products, groceries, pharmaceuticals and photo developing services. The characteristics of the key players of a company have the potential of impacting on organizational behavior and this, in turn, will financial performance directly and indirectly. Because of this, there are some characteristi cs I would like to possess and would like to see them in other key players of the company like the chief finance officer (CFO) and the chief operations officer (COO). The first is having a vision. All the key players of the company must have a common picture of what the company aims at attaining. Having a vision will lead to the creation of a company where all employees work toward the attainment of a common goal. All key players should be self-less collaborators and team builders.... Having a vision will lead to the creation of a company where all employees work toward the attainment of a common goal. All key players should be self-less collaborators and team builders. These traits will go a long way into encouraging the spirit and mindset of teamwork and collaboration across the company among all ranks of employees. In relation to this, the key players should have strong interpersonal relationships. In businesses, especially retailing, people skills are as valuable as technical assets because of high levels of constant interpersonal engagement. This characteristic will therefore lead to the creation of a company where employees treat customers with the utmost respect leading to the best customer experience. The key players should also be of good character and highly ethical. This trait will lead to the creation of a company whose policies, procedures and business activities indicate a strict adherence to ethics. In addition, key players should have passion. Both employees and customers want passion if the employees embraced this character, it will lead to the creation of a customer-focused culture where everyone is willing to go an extra mile to give customers a passionate shopping experience. Analysis of motivational theories discussed and determination of how best to motivate company employees. The motivational theories discussed so far indicate a variation in views among psychologists regarding what best motivates workers. To some, workers are best motivated by pay, to others, workers are motivated by satisfaction of their social needs and to some, a satisfaction of psychological needs. However, it would be unfruitful to lay a framework for employee motivation basing on a single factor. For example, a

Brazil and Argentina Hyperinflation Experience at the Beginning of the Research Paper

Brazil and Argentina Hyperinflation Experience at the Beginning of the 1990s - Research Paper Example The period of the relatively high level of inflation lasted for about 15 years i.e. from 1980 to 1994 and resulted in significant political, economic as well as a social crisis for the country. One of the key reasons for this hyperinflation in the country was the creation of money supply to finance fiscal expenditure of the country. Government rather than using the taxes or borrowing started to created new money and hence the creation of money supply. During the 1990s, consumer price index ran into the factor of over 5 trillion thus indicating the overall severity of the inflation faced by the country. Argentine also faced the similar situation during the 1990s however, the consistent increase in inflation lasted from 1975 to early 1990s. during that period the overall value of Argentine’s Peso went down and the country introduced massive changes and reforms in the 1990s to initiate the process of recovery.   Hyperinflation in Brazil Brazil was a case of chronic inflation wh ich finally turned into hyperinflation and resulted in serious damage for the country. The key reason for this hyperinflation was the excessive creation of money to finance the expansion projects of the government. Rather than relying on the borrowing or improving tax collection, the government simply resorted to printing new money thus creating excessive money supply in the country. At the start of 1990, the consumer price index in the country was to the factor of 100 Million which reached to over 5 trillion by the end of 1997. Such sharp and abnormal increase in the level of consumer price index sustained for almost a decade and proved detrimental to the overall economic future of the country. It is, however, critical to note that the 1990s were the period during which the overall rate of inflation started to moderate owing to strict reforms being undertaken by the government. Since Brazil was facing higher episodes of inflation since the 1970s, therefore, 1990s was the period dur ing which country started to take measures to arrest such trends. (Barbosa, Cunha, and Elvia,183 ) At the start of the 1990s, the rate of inflation was over 30,000% however, it gradually started to decline and reached a level of 16% in 1997. As discussed above, this was a period of relatively important reforms undertaken by the country which resulted in sharp decline in the hyperinflation and economy started to witness the relatively moderate level of inflation rates. (Samuels,547) During this period, saving rates were almost negative as people continued to spend their cash due to the fact that its value was being eroded rapidly. Interest rates soared to a relatively high level in order to reduce the inflation and people who were already suffering from high inflation rates were forced to face higher interest rates also. It is, however, critical to note that the real GDP during the period remained at stagnant levels due to better agriculture output as well as a consistent increase in population during the decade. A real high level of hyperinflation affected the real incomes of the households as the consistent increase in inflation eroded the purchasing power of the individuals.