The Connection and Effect of the Media on the Economy Research Paper

The Connection and Effect of the Media on the Economy - Research Paper Example According to Biagi (2006), this theory posits that media could inject ideas into someone the ways liquids are injected through a needle and that these ideas were in direct causal relation to behavior. (256) This is demonstrated best in the shift of supply. Media is crucial in the changing tastes and fashions of the public and that this factor is fundamental in creating demands for certain products and services. For instance, the supermarket Sainsbury's was inundated with requests for specific ingredients for particular recipes being shown in the cooking shows by Delia Smith and Jamie Oliver, to the extent where stores ran out of food items that were previously only moderate sellers. (Dransfield 2004, 288) Media changes knowledge, attitude, the behavior and sentiment of consumers and these make it a powerful force in the movement of the market and the aggregate supply and the demand for products and services as revealed by the Sainsbury’s case. The argument in regard to the media’s impact on variables such as aggregate demand is demonstrated in the potency and efficacy of media advertising. Advertising and promotions placed on all media platforms have the power to reinforce the use of products and the choice of particular brands. A study cited by Martin, for example, found that advertising reinforces the demand for alcoholic beverages, specifically highlighting that the reinforcing effects account for 1 to 3 percent of the variability in drinking. (p. 220) Again, in the context of shaping perception and changing behaviors, the media can be directly responsible in regard to how inflation is viewed by the public. In a study conducted by the Glasgow Media Group, for example, it found that the news stories in the British media – those about union and management portrayals - is partly responsible for the errors in public perception on inflation.

Strategic Management Paper Research Example | Topics and Well Written Essays - 1000 words

Strategic Management - Research Paper Example The human resource management plays a major role during mergers and acquisitions in conducting the following functional responsibilities. Recruitment and retention Change in an organization is normally accompanied by uncertainty. During this period, outside forces which includes recruiters and competitors can take advantage and take the best employees when the company needs them most. The human resources management will help the company come up with and implement recruitment and retention strategy. This will help in identifying and retaining employees with skills which are crucial to the company. Retention strategy will help the changing company to retain intellectual capital, fostered client relationships, and business focus, which enables the company to operate in an effective manner. When companies merge or restructure, some employees may have to be laid off. According to Page (2006), layoffs should be properly handled to prevent negative impact to the employees who remain. This i s because remaining employees may feel insecure, angry, lonely or less productive when right procedures are not followed. For example, if meritocracy is not included in the layoff process, best performing employees will feel insecure because they can be retrenched anytime no matter their contribution. Human resource department develops and implements specific actions, appropriate timing, and responsibilities on how to keep best employees. Training and development The human resource management ensures that all the employees in the organization are equipped with the appropriate training and development. This enables organizations’ employees to develop confidence; the required skills and behavior which will assist them adjust to their new roles. Through this, all the employees will have proper tools to conduct the required changes in the organization as well as deliver and maintain all the changes successfully. When conducting training and development, all those in various manag erial levels should be equipped with proper leadership skills. Through this, they will be able to properly manage and motivate the teams assigned to them. In addition, they will be able to provide proper communication and guidance to their subordinates during the mergers and acquisitions. With proper training, the organization’s managers will be in a position to help their subordinates to understand they are part of the brand new company and culture. Employee performance management According to Watkins and Leigh (2009), performance management is appropriate for an organization which is large enough as to necessitate an effective means of evaluating its own employees. The human resource management after the mergers and acquisitions in an organization uses employee performance management system to support the overall organizational integration of employee evaluation. Through this, the management will also be able to improve on the level and quality of employee communication and overall productivity. The uniqueness of performance management is that it focuses on an organization specific needs and is flexible to change. The human resource management and performance management experts try to find out evaluation needs of various employees and they come up with specific scalable processes. These processes are coordinated with employee’s effort in order to measure performance accurately and ensure motivation is created. All this is

Write about Auguste Escoffier Research Paper Example | Topics and Well Written Essays - 250 words

Write about Auguste Escoffier - Research Paper Example He moved to Carlton Hotel in 1899 to make his haunte cuisine familiar to the people. Emperor William II is reported to have said to Escoffier, "I am the emperor of Germany but you are the emperor of chefs"(Aakanksh, 13). He received an award of Legion of Honor in 1920 and was made officer of the order in 1928 (Aakanksh, 13). The beginning of 20th century made Escoffier France’s most skillful and popular chef. (Les, n.d) One of the most remarkable contributions made by Escoffier was to organize discipline in his kitchen by introducing a systematic method to eliminate chaos. This method was known as the brigade de cuisine system in which each section of the kitchen was to be handled by a different chef. Escoffier is popular all over the world. Even today his techniques, recipes, traditions and approaches to kitchen management remain highly influential today. (Les, n.d) Besides being a well known chef, Escoffier was a great writer as well. Le Guide culinaire (1903), Le Livre des menus (1912) and Ma cuisine (1934) are his books that have contributed to his writings. From 1911 to 1914, the monthly magazine Le Carnet d’epicure was published by Escoffier which became reputed in its time. Escoffier died on February 12 1935 in Monte-Carlo, Monacco. (Aakanksh,

Was the Financial Industry Responsible for the Economic Meltdown of Essay

Was the Financial Industry Responsible for the Economic Meltdown of 2008 - Essay Example Instead, their poor risk management practices are to blame. He however, argues this from the perspective of his financial firm. From this discussion, it will be clear that apart from financial institutions, policy makers also contributed to the financial crisis. It is true that the root cause of this problem was the decline of the housing market, as Bogle and Blankfein note. Bogle is right when he figures out that this problem has roots in the past events, and so its growth was gradual. The most important factor was the Glass-Steagall Act. When the major elements of this act were repealed, the negative consequences started to unfold. This law was enacted in 1933 as a solution to the collapsed banking institutions, after the 1929 financial breakdown. The main act of this law was to protect the deposits of bank customers from investment risks. Separation of investment banks and commercial depository banks during this period also had overwhelming results in the subsequent years. On the negative, this turned banks into financial institutions working for â€Å"agents.† Therefore, since the bank owners were not exposed to any risk, they exercised little caution in their management. Although Blankfein does not directly put the blame on financial bodies for the 2008 financial crisis, he points out that some of their practices were responsible for the economic meltdown. For instance, some financial institutions engaged in too much lending, which in return cheapened credit. In the housing market, this resulted in its growth before plunging into decline. When lending exceeded the appropriate levels, the lending risks became more pronounced and complex. This complexity of instruments made it impossible for them to be sold or bought, hence increasing the effects of the meltdown. This to date remains the causal factor of the financial crisis, and the US government greatly influenced

The impact of increasing environmental concerns on the operation of Essay

The impact of increasing environmental concerns on the operation of aircraft and the aircraft maintenance industry - Essay Example Noise pollution affects the people the most, the major side affect of the problem among a number of other aircraft operations and maintenance problems, compelling governments to reconsider the cost of mobility, economic growth and safety of their people. Airport expansion plans have suffered a set back because of increasing environmental impact on air quality, water quality and community noise (Waitz et al., 2004). Discussion Airport operations that affect environment include a number of functions such as the operation of aircraft, maintenance of airport and passenger vehicles and airport ground service equipment (GSE), cleaning and maintenance function, deicing and anti-icing of aircraft and airfields, fuelling and fuel storage of aircraft and other ground transport besides airport facility maintenance functions and airport construction (Luther, 2007). Airport authorities must consent to enforce environmental mitigation initiatives before asking permission for expansion of the airpo rt from the local and state bodies. Community concern has shelved many expansion projects because of issues related to environment. Aviation related environment regulations have been in force from many years but these regulatory compliance issues have become very touchy to be implemented because of ever-increasing air travel. With the addition of new compliance needs airport operations have got transformed with huge investment needed and change in operation processes. Certain crucial issues have emerged due to noise pollution, changes in Environmental Protection Agency (EPA) regulations concerning aircraft and airfield deicing operations, changes to EPA regulations on oil spill preventive measures and state and local agency directives to inspect and manage air pollution, particularly harmful air pollutants (Luther, 2007). According to the Aeronautics and Space Engineering Board (ASEB, 2000), the aviation industry needs to look crucial current and future environmental issues such as: takeoff and approach noise causing various technology related issues for subsonic and supersonic aircraft flyover noise emerging from moderate speed and height in noiseless areas sonic booms and hyper booms caused by thermo-spherical refraction and reduced noise volume remains of sonic booms taxi and engine run-up noise fuel venting and fuel dumping emission of CO, hydrocarbons, and NOx in the airport area (below 3,000 feet) formation of vapour trail emissions of CO2 emissions in the upper troposphere and stratosphere from both subsonic and supersonic aircraft of water vapour, NOx, sulphur particles and carbon particles possibility for greenhouse effects and reduction in stratospheric ozone International Civil Aviation Organisation (ICAO, 2011) has defined the issue related to environmental concerns stating that emissions of aircraft engines are like any other emissions caused by fossil fuel burning but the difference between both types of emissions is that aircraft emissions are e xtra-ordinary as a good chunk is released at a height. Crucial environment concerns get raised for emissions’ worldwide impact, affecting the local air quality on the surface. As per the Special Report on Aviation and the Global Atmosphere published in 1999, the gases and particles released by the aircraft change the atmospheric density of greenhouse gases,

Greenhouse Effect and Environmental Law Coursework

Greenhouse Effect and Environmental Law - Coursework Example By studying a range of subjects regarding the emission and its factors of Greenhouse which are relevant to all environmental policy issues: like the objectivity of scientific information, asymmetry of costs and benefits over space (regional impacts) and time; risk, uncertainty and ignorance; institutional power over information and policy I found myself deeply indulge in research and posing serious challenges to the current conceptualisation of pollution as a technical problem which requires an engineered solution. When I collected various data regarding the destruction caused by the Greenhouse Effect, I was not aware of the Kyoto Protocol current conditions, particularly the way it is implemented on the Framework Convention on Climate Change. The Kyoto Protocol on Climate Change reflects its drafters' understanding that changes in the global economy, globalization of markets, emerging global governance in the areas of trade and services, privatization and internationalization of the energy sector, and the ascending role of the private sector are changing the context rapidly in which environmental problems must be addressed. As a result, the formation of Kyoto Protocol took place. The main purpose of the Kyoto Protocol is to provide a shield against the environmental hazards and catastrophes to the new generation of environmental treaties; those treaties which are negotiated in an age of globalization and are aimed at influencing important economic activities such as energy production and fore ign investment in order to minimize their impacts on the environment. The potential economic effects of the Protocol are so far-reaching that it is sometimes referred to as an economic instrument disguised as an environmental agreement. The Kyoto Protocol contains three mechanisms allowing for international implementation, which are aimed at achieving the environmental goals of the treaty by affecting market-based activities. These mechanisms are related to (1) greenhouse-gas (GHG) emissions trading, (2) joint implementation (JI), and (3) the clean development mechanism (CDM). Each of these mechanisms specifically includes provisions relating to the participation of non-state actors in its implementation. (Chambers, 2001) The first part of the report lays the foundation for tackling various factors that lead to Environmental change like pollution, burning of fossil fuels etc. After analyzation it is evident that the Kyoto Protocol is still in an unfinished state and the actual details will not be known until analyzing the final outcome of the lawful negotiations of the Protocol, I feel it is important to establish certain criteria for the substantive discussion contained in later parts of the report. In the beginning, Wilkinson has set out the unresolved issues from Protocol and what can be expected in future negotiations. Later the report has gone into greater detail on the outstanding issues of various changes and changes in variations by describing the potential role of non-state actors or, as the Protocol describes, legal entities. It is thought that any future Protocol negotiation anticipates a greater role for these actors. Selma Stern has also focused on different problems that contribute

Reserach Methodology Essay Example for Free

Reserach Methodology Essay 3.1 Research Design This study is a quantitative-descriptive in nature where the purpose is to describe the level of student’s satisfaction on services provided by the school towards the enrollment system through quantitative research method to quantify and reflect in numbers the observation made of the respondents being studied (Sampa, 2012). It attempts to explore and explain while providing additional information about the topic. This is where research is trying to describe what is happening in more detail, filling in the missing parts and expanding our understanding. This is also where as much information is collected as possible instead of making guesses or elaborate models to predict the future the what and how, rather than the why. The researchers used a modified questionnaire which answers the first two objectives of this study which is the extent to which students meets and/or exceeds their expectations and perceptions towards the enrollment system provided by the University of Mindanao. 3.2 Research Respondents The respondents of this study were the students of University of Mindanao selected randomly according to their year level and their type (freshmen, old student, and transferee). 3.2.1 Population Population, statistically, refers to the entire aggregate of items, i.e., group of people or element, who shares common set of characteristics or interest, from which samples can be drawn, in which the researcher wishes to investigate. University of Mindanao has large population of students from both Bolton Campus and Matina Campus, hence, the population refers to the University of Mindanao students who are enrolled in Matina Campus. 3.2.2 Sampling Frame Sampling Frame refers to the target population. In this study, 60 respondents was selected from students currently enrolled in Matina Campus. 3.2.3 Types of Sampling Technique The researcher chose the simple random sampling whereby every element is selected independently and the sample is drawn by a random procedure from  the sampling frame. Sekaran(2003) as cited by Abdullah (2005) points out that through simple random sampling technique, all elements in the population are carefully weigh and each element has an equal chance of being chosen as the subject. If the main objective of this study is to generalize the ability of the findings to the whole population then, this sampling design is best suited. 3.2.4 Sampling Size It is concerned with how many people that should be surveyed. The sample size larger than 30 and less than 500 are appropriate for most research (Roscoe (1975) cited by Abdullah ( 2005)). It is believe that large sample generates inevitable results than smaller samples. However, it is not necessary to sample the entire target population or even a material portion to have reliable results. With this, the researcher only chose 60 sample units as the sampling size randomly due to the time constraints, cost and other human resources. Sixty questionnaires were being distributed to respondents who are currently enrolled in Matina Campus. 3.3 Research Instruments The researchers used a survey questionnaire in checklist form. This instrument was modified by the researchers to establish the level of student’s satisfaction on enrolment system provided by University of Mindanao. The instrument determined, among others, the gender, type of student (freshmen, old student and transferees), and year level of the respondents. The Itemized Rating Scale survey was the selected questionnaire type as this enabled the respondents to answer the survey easily. Though, it is somewhat similar to Likert Scale but it uses other than agreement /disagreement item statement. This rating scale requires the subject to indicate his or her level of satisfaction to a statement. In this type of questionnaire, the respondents were given five response choices.