Essays on Human Capital

Introduction

The chosen article was titled Impact of Globalization on Human Resource Practices in a Manufacturing Firm in Nigeria. The article was published in 2013 in the European Journal of Business and Management by Akanbi and Itiola. The article was chosen because it reflects on one of the developing countries in Africa and which is among the top countries embracing globalization in the continent. Moreover, the article was chosen since it has featured in a peer-reviewed journal and was published recently. Additionally, the paper has content that easily sparks discussion in the major effects of globalization on the different human ...

Introduction to Business and Society-Persuasive Essay

Introduction In his book titled The Short Story of Progress, Ronald Wright analyzes civilizations that have witnessed rapid growth and supremacy. He also elucidates the fatal fall of many such civilizations and enjoins that over-exploiting the environment can lead to ecological catastrophe. By finding answers to questions relating to human origins, reasons for existence and destination of the progress pursuit, Wright warns the society from traversing through progress traps, created by humans themselves, blinded by a short term urge to modernize. “We can go to understand the reckless aspects of human nature and circumvent the danger of arrogant self-destruction, ...

Introduction

Migration is a situation where people move from one place to another for varied reasons. It can occur from a region to another, from one country to the next or even from one continent to the next. In International Migration, people move from one country to another or others. The movement can be an individual, a family, clan, and other groups with a common interest. The reason for this displacement can be wage driven, capital, risks, or labor demand. Many theories explain the reasons why people migrate; in this paper, we will discuss two of them; neoclassical economic theory ...

<< Name>> <<School>> <<Date>>

Section 1

For the purposes of this assignment, we choose to launch he portable mobile charger. Since we are in the pre-launch phase, there are many sources of funding which can be utilized. Funding forms the most critical element for any innovative start up idea. For example in the U.S.A., about 17% of businesses do not have access to funding (Legros et al., 2013). Once the idea is established and the business objectives are evolved, it is important to set in to motion the process of fundraising. It is ...

Part 1.

Ancient civilizations are famous for their innovations and fast technology development, specifically, when talking about the Ancient Egypt and Rome. The base line of my dissertation concerns the required innovations in the financial industry, thus in this paper I will refer to the innovative management approaches in the Ancient Egypt. However, prior to analyzing their methods and approaches it is important to take into account the fact that religion was dominant over civil authorities in the Ancient times. Therefore, most of their laws and management decisions were also based on the religious norms or dictated by the priests. “The ...

Have you ever developed an e-portfolio for various gains? Wentworth Institute of Technology has taken its learning process to another level. As a mandatory, students undertaking Bachelor of Science and Management students are required to develop an e-portfolio at the freshman year throughout to the final year in the institution. An e- portfolio constitutes a student's resume, profile pictures, and much more personal details and can be used for social as well as professional purposes. The Journal of Human Development thus gives a deep insight on the importance of e-portfolios and goes further to identify the net worth of ...

The main provisions of the human capital theory are the base for realizing the improvement of the situation on the labor market in the phase of use of labor potential. They have further importance for creating an effective mechanism for regulation of reproduction of labor potential. Western management is a well-established position that only living human labor through previously invested in human investment and further effective application gives you the opportunity to make productive use of all other elements of capital and the efficiency of the use of formed human capital is determined by a flexible, economically sound human ...

Introduction

Hiring professional and skilled employees is the key objective of the Human Resource Management (HRM) department. For the purposes of the realization of this strategic objective, the HR manager is obliged to pursue equality in provision of working opportunities for all employees regardless race, sex, nationality or any other supplementary factor giving ground for unequal attitude. In this particular situation, the managers of the company request the Human Resource Department to resolve issue pertaining to division of quotas between ground crew and other employees. With that, the attention of the managers is focused on the age of the employees ...

Completion Date

SABIC Corporate Film: A Critical Response I. INTRODUCTION SABIC, started over 30 years ago, has grown into a global company of combined vision (SABIC, 2016a; "Corporate Profile," n.d.). While innovation remains critical to sustain SABIC's business well into future, environment stewardship is at heart of company's business activities (SABIC, 2016a). Interpreted into core values, SABIC can be said to inspire, engage, create and deliver (SABIC, 2013). From a technological intervention perspective, SABIC has five innovation hubs ("Facts and Figures," n.d.). From an innovation perspective, SABIC is engaged with numerous partners in urban planning to deliver innovative solutions (SABIC, 2016b; ...

Investing In Saudi Arabia Market

Investing in Saudi Arabia market Introduction The Saudi Arabia economy has for long been driven by the performance of the oil market. The entire economy has also been primarily managed by the government leaving little room for the private sector. The existence of many government bureaucracies has also in the past hindered the development of the private sector. The strict Islamic culture has also been a challenge for the operation of the business from the open economies. The period 2003 to 2013 marked one of the largest oil booms in the history of the country. The oil prices in ...

Abstract

The Kingdom of Saudi Arabian (KSA) has been experiencing dramatic shift and transformation from the simple migrant lifestyle that was pretty synonymous to the KSA society to the current day contemporary lifestyle. The labor market KSA has been heavily reliant on foreign workforce. The expatriate workforce in KSA constitutes two-thirds of the total Saudi Arabian employee base. According to report that was presented by the Saudi Arabia Monetary Agency (SAMA) in the 2008, the expatriate population in the Saudi Arabian private sector constitute to more than 88 % of the total workforce of KSA. The increasing degree of unemployment among ...

Introduction

Many managers these days are asking themselves whether they manage to find the right people for transporting business or project success. They ask themselves several questions. How do I find the human resource management that will enable the continued growth and prosperity of the organization? Is there an effective strategic planning of the workforce that takes into account the constraints and future requirements in a corporate environment? The answers to these questions involve huge business advantage and long-term success. This is the reason why Talent management has become progressively significant for business organizations due to consistently changing business conditions. ...

Introduction

Over the recent past, it is worth appreciating that different stakeholders are concerned with the introduction of a more tactical approach to management of people, which is an issue in most governments. For instance, in most places, local governments are experiencing a shift from the traditional HRM (human resource practices) to more advanced strategies that are relevant in the current competitive setting (Gould-Williams, 2003). The change in management strategy is expected to promote improved management practices and productivity in various organizations. Some of the significant changes that will be experienced include devolution of authority and development of HR business ...

Question/Problem Definition

Equal pay is one of the most pertinent issues in labor laws and regulation. Most governments across the globe have institutionalized legislation that aim to safeguard their citizens and ensure that they are well compensated for their talents regardless of their origin, race, gender and other distinguishing characteristics. However, this is not usually the case. In spite of having such laws, the labor market especially the private sector is far from realizing and implementing equal pay. The state is even worse in developing countries where most women employees do not earn even half as much as their male counterparts ...

Managing organizational behavior is an approach to create effective human behavior in the organization. It investigates the actions and attitude of the employee towards each other and organization. It affects the individual and organizational performance and may create complexities in the organizational culture. I have chosen the case study of HealthSouth Corporation that covers the impact of ethical leadership on employee job performance and the company growth. HealthSouth Corporation is providing health care services and based in the United States. The organization is serving the nation with the team of best employees. It is specialized in different health care ...

Introduction

Human Resource Management (HRM) today plays the significantly more strategic role than several decades ago. Globalization, international supply chain and increased diversity among workforce and customers demand companies become more focused on building competitive advantage through human capital. One of the critical elements of the contemporary HRM strategy is a creation of unique corporate culture, which according to many academic and business professionals can enable strong bond between employees and organization and ensure high performance, motivation, and retention among staff (Sadler, 2003). With that in mind, this topic received the significant amount of attention in media and academic research, ...

The Solow Model

For long, the concept of economic change has been interesting economists. The reasons why some of the countries are poor while others are rich or even the understanding of why some nations grow faster than others has constantly disturbed the understanding of most economists. The theory of economic growth has been put upfront in explaining the growth indices of different nations. In its place, the theory of economic growth aims at explaining whether poor countries can grow faster than their rich counterparts, catch up with them and close their income gaps, that is converge. Elaborated by Trevor Swan and ...

IAS 45 Research Paper Outline

(1/2 page down from top)

EDFS 309: Journal review writing

(All double-spaced)

Thesis Paragraph

Immigration has generated interest both in political and in research worlds. The topics have been shrouded with ambiguities considering the dynamics of security and economic constraints. America not like any other nation has culturally diverse populations that coexist harmoniously curtsey of multiculturalism initiatives by the government. The integration of immigrants into the society has slowly evolved to be a complex exercise that requires security scans and consideration of socio-economical impacts of such settlement in the country. This paper identifies two stages of immigrants’ integrations, screening, and settling. The government should not perforate ...

Executive Summary 3

Introduction 4 The Workforce as a Competitive Advantage 5 How to Value and Retain Employees 7 Proper Recruitment Strategies 7 Staff Socialization 8 Training and Development of Staff 8 Compensation and Rewards 9

References 12

Executive Summary All the resources of an institution are crucial in the development and achievement of the objectives of a given business entity. It is essential for the management of an institution to properly manage the resources. However, the human capital is regarded as the most vital resource of an institution. Its skills, competencies, knowledge, and innovativeness, are essential in the growth of human resource management. ...

Chapter 2: Literature review

Introduction This chapter presents the literature review appraisal that exists and is linked to work contentment and inspiration subjects and how these issues are closely related to industrial performance. The chapter discusses the concept of motivation, job satisfaction, and project management and employee satisfaction. Organizational performance as well as its continuity largely depends on critical assets, employees and the managers' capabilities to create and sustain motivating environments of the employees and other human assets. The primary challenge that managers are faced with today is keeping their human capital such as the employees satisfied and motivated. Therefore, all managers must ...

Strategic management

Introduction Merger and acquisition (M&A) is a very common strategy that combines two or more organizations to become a new business. It is agreement between two companies’ to combine their different resources and run operations. In merger, one company is completely absorbed by other company. The merger and acquisition are changes in control of organizations that involve combining the operations of different entities into a single organization. The horizontal merger is a common method that exists between two organizations that are competing in the same industry such as energy sector. It can increase the market share and decrease the ...

Introduction

In recent years, the Middle East and North Africa (MENA) region has taken a considerable change in terms of women's employment. However, while admirable changes are taken to bridge the gender wage gap, women in the labor sector remain to be at a disadvantage. It was observed that a majority of the MENA countries has sensibly capitalized in providing better education to women, yet most of these states have not tapped fully into the women’s labor force for improved economic growth. This demonstrates the gender-based discrimination that generally hinders women in the MENA region to impart their potential ...

Enterprise Resource Planning (ERP) system is a software platform that enhances the flow of information among the different functions of an organization. Moreover, ERP promotes the sharing of information across organizational units and geographical units. At the core of ERP lies a central database that draws data from and feeds data to modular applications that operate on a standard computing platform. This operation helps to standardize data definitions and business practices into a unified environment. Oracle is one of the leading companies in the global database software market. In 1999, $2.3 billion of its $9. 3 billion revenue was ...

Introduction

The rate of employee retention differs from one industry to another, and while some firms experience internal challenges others, experience external issues that contribute to increased rates of turnover among their key employees. The above study, therefore, seeks to outline some of the areas that can be reviewed to resolve the issue regarding the necessary policies and practices to be employed. High turnovers among employees result in increased costs to an organization, and if the rate is not resolved, it may stagnate the workforce. It is for this reason companies need to embrace practical strategies to help enhance the ...

ANALYSIS OF THE KNOWLEDGE SYSTEM FOR ACBP’S PROJECTS

Introduction This case study seeks to understand the difficulties of Australian Customs and Border Protection (ACBP) in their IT projects by analyzing how knowledge is being created and managed in its IT projects. It is using a project management (PM) methodology called Prince2 and it is strongly suspecting that it is part of the problem. It is possible that there can also be other factors aside from the use of Prince2 and it is the aim of this study to uncover them. There are several knowledge management (KM) methods that can be used but only one will be chosen ...

Assignment 1: Role of Leader

Assignment 1: Role of Leader The case study discussed in this paper highlights different leadership and motivation theories and an understanding of roles, attitudes, and values to enhance these leadership skills. Business status, different purposes and goals of the leader to reach organizational success, is evaluated for the case study of Dunn Ski Emporium. Means of success are also discussed to highlight the significance of some steps by Joseph Dunn in attaining sustainability for business operations. Dunn Ski Emporium is a business entity operational from 25 years and offers excellent services to both new and repeat clients. The company ...

Both China and the USA are some of the biggest contributors to the global market. Both economies produce large quantities of good that are shipped globally. Since bulk production requires a lot of labor, and the prevailing poverty rates among the citizens, children start to work in the dangerous environments of the labor market. The safety and workers right as well as the employment standards are irrelevant when it comes to the means of eking a living. Consequently, children have joined the labor market to eke a living, denying themselves an opportunity to pursue education and develop a higher ...

The neoclassical growth model also known as the Solow-Swan model was put forward to explain long-term economic growth and development by examining economic variables such as accumulation of capital, growth of labor and advancement of technological processes. This model can be used to provide theoretical framework which will aid in explaining and comparing the economic growth of China and India. The model stresses out on the manner in which examine and interpret data. For example, China’s high level of investment should not be directly interpreted as steady economic growth (Huisken 238). This is because economic growth in the ...

Introduction 3

Difference between Employee ‘Involvement’ and Employee ‘Participation’ 4 Employee Involvement 4 Employee Participation 5 The difference between Employee Involvement and Employee Participation 5 Extent to which Employee Involvement provides Employees Influence over Decision-Making within Organisations 7 Employee Involvement Empowering Employees in Decision-Making Process 7 Employee Participation Empowering Employees in Decision-Making Process 11

References 13

Employment Relations and Law - Employee ‘Involvement’ and Employee ‘Participation’ Introduction These days, every business professional is facing enormous difficulties to manage organisational resources and corporate challenges for keeping the entity viable and sound as a going concern. Apart from managing financial resources, management of human resources ...

Conclusion

The study concludes that cross-cultural management has become an imperative need of business organizations especially for the organizations having a global presence. It proclaims that as business organizations are progressively relying on human capital involvement due to their globally extended operation; therefore, addressing the cross-cultural concerns have become fundamental in order to achieve fruitful business returns. The research implies the significance of cross-cultural training for expatriate and global managers as it may reinforce and regulate their abilities to comprehend and appreciate the individualities while staying culturally sensitive. Additionally, it situates that having language, inclusion, diversity, and cultural insertion challenges ...

ANNUAL MEDICAL CHECK-UP

Educational Institute Introduction This case study aims to use a common life event that will illustrate the various concepts of knowledge management. My chosen event is my father’s one-day complete medical check-up in a hospital. It was done over 24 hours and I was the one who accompanied him there the whole night. A hospital is a bee-hive of activities that uses physical data, creates medical information and knowledge that spurs action among medical professionals within and even outside where assistance is required. Patients are also led to act on the advice of these professionals to address problems. ...

For several decades, Canada was the country which has one the most fair and generous countries in terms of their immigration policy. But, in 2006, the Canadian government started reforms that focused on using the immigration system in order to fuel the economy of the nation. In addition, the government wanted to place, “a high priority on finding people who have the skills and experience required to meet Canada’s economic needs” (“Points-Based Immigration Systems: Canada”). Mobility of international students has become a competitive industry, where many countries have aligned their immigration pathways and marketing strategies. For example, during ...

Abstract

Given the importance of human resource economics to address labor utilization together with its implications for the greater economy, the accumulation of human capital is one of the major related topics. Human capital collection greatly drives the instrumental economic considerations such as unemployment, employment turnover, and the functions of both the labor unions and government policies. Unlike most of the resources that depreciate with time, investment in human capital increases in appreciation and continually exploits the available resources. Although it may consume time, it ensures effective use of qualities and skills while enhancing other resources. The human resource plays ...

Abstract

Canadian immigration has been one of the most coveted citizenships for immigrants all over the world and the Canadian government has maintained their fair and lenient immigration policy for years. With the global competition for international students, Universities in Canada have needed support from their government to attract the best talent from all over the world as these students provide billions of dollars to the Canadian economy in terms of their tuition fees, accommodation charges and other expenses. After graduation, these students can provide years of service to the Canadian economy by filling out jobs, paying taxes and buying ...

Fighting global poverty is one of the most important problems to be solved for mankind in our time. This issue is of great importance not only for developing countries, where the number of poor people is huge. The poverty of people around the world is also a challenge for developed countries, since, in spite of the inner well-being, these countries are also influenced by the negative consequences of ill-being in other countries. Everything in our world is interconnected, so, for the sake of human welfare as a whole and an individual, in particular, it is needed as soon as ...

Bangladesh is among the world’s most populous nations, but most of its population is poor. Formerly East Pakistan, Bangladesh gained independence in 1971 after the war with West Pakistan. The size of the country whose capital is Dhaka is 143,998 square meters with a population of 161 million people. The main language for the Bangladesh people is Bengali with the major religions being Islam and Hinduism. Life expectancy is 69 years and 70 years for men and women respectively. The population growth rate is estimated at 1.2 % with infant mortality rate of 45/1000. The city of Dhaka ...

Introduction

Operations of modern companies are becoming increasingly complex with the globalization, which brings internationalization of the business, increased information flow and knowledge innovation as well as raises individual consumer awareness about social and environmental issues that surround contemporary businesses. Moreover, the activities of the companies with their global supply chain create stronger connections and interdependencies between the business, political and social environments, fostering the need for cooperation and partnerships on all levels. The purpose of this essay is to look at the Mountain Coffee Roasters Company, analyze the challenges that the organizational management faces today and provide high-level recommendations ...

Program:

Specialization: Human Resources

Part 1: Professional Goals

Professional Introduction My professional goal incorporates the attainment of a strategic position on the basis of my knowledge, skills and abilities. I intend to become a strategic expert by encompassing the senior human resources leadership rank. I also want to utilize my technical and conceptual skills in order to direct, inspire and lead others by means of my representation as a human resources scholar. I possess adequate academic knowledge about Human Resource Management because I have completed my graduate and post-graduate education with the specialization in Human Resources Management. My bachelors degree account for the technical ...

Introduction

The world of trade and commerce has changed a lot in relation to labour and employee interaction with firms since the 1700s when the concept of work became more advanced. The purpose of this essay is to analyse the concept of employee relations and how it has evolved over the years. In order to attain this end, the following objectives will be explored: A critical evaluation of the concept and theory of employee relations in various forms of organisations – large, indigenous, multinational, private and public entities; An assessment of the concept of employee relations as it evolved in the ...

With more than 500 stores in at least 37 states and eight countries, Costco has continued to dominate the retail industry in America. Northouse (2015) noted that Costco’s competitive advantage in US retail industry can be explained by three key performance determinants in the flexible leadership theory: efficiency, adaptation, as well as human capital. In light of the company’s success in the retail industry, this paper provides a discussion on three key determinants in the flexible leadership theory and give an explanation of how the company can offer higher compensation to its workforce and still show success ...

Introduction

Sean P-diddy Combs is well known as Puff Daddy and P.Diddy in the music industry. He is a hip-hop legend with exclusive love and talent for music. He has accrued extensive success in the music industry following his passion and hard work. Over time, he developed interest in fashion after being a model consultant for certain fashion companies for a long time. His passion in fashion grew pushing him to start his clothing lines Sean John and ‘Sean by Sean Combs”. Also, he has a movie production company and two restaurants in the United States. As the founder of ...

Introduction

Business growth requires the adoption of various corporate levels strategies such as diversification into new markets. With that, it is necessary to identify the most suitable market regarding market demand and policies. That is because the country’s productivity determines the living standards, hence, the demand while policies determine ease of doing business and the productivity level. In that view, this report presents a recommendation and analysis of the most suitable country for Apple to expand to for its iPhone brand. To achieve the objective, the report presents a summary of the country of choice followed by an overview ...

Introduction

Receiving education is a costly choice. There are costs to education in terms of direct monetary payments and an opportunity costs. The choice to go to school means forgoing waged employment. Therefore, there is an opportunity costs of the wages that would have been earned. Therefore, there is a need to compare the returns versus the cost of education to make optimal decisions. Estimating the returns to education for any population segment is useful in making decisions on the optimal schooling level at both a personal as well as societal level. From a policy standpoint, estimating returns to education ...

Introduction

Organizations, companies, educational institutions, and governments, face different challenges and threats every day, and the need to plan for undesirable future events is a critical requirement for any organization (Berg, 2010, p.80) There are times when the risk factors are unforeseen, catching the organization by surprise. Other instances are beyond human control, like disaster strikes and natural phenomena. In most cases, however, the risk areas are known, and management carries out the task of planning for the risk by creating contingency plans or determining ways to avert the risk. In extreme cases, the organization might choose to absorb the ...

Information Technology Infrastructure

Information Technology Infrastructure

Introduction

Information technology infrastructure is a combination of network, hardware, software, facilities and other services that are required to manage, control, and deliver the operations of information technology. It is comprised of computer systems, networks, software applications, data storage, servers, and other components. It helps to manage the internal business operations of any organization. Information technology infrastructure consists of different hardware like computers, printers, routers, hubs, scanners, data centers, and others. The management of different software’s like enterprise resources planning (ERP), Oracle, customer’s relationship management (CRM), and others is involved in it. It is divided ...

Recommendation

Increasingly complex international business environment makes organization provoke vigorous debates on the role of human resource management and development of the sustainable competitive advantage through human capital and intangible resources. Watkins (2013) that while there is a universal agreement on the fact that concept of organizational culture is known and it plays the crucial role in shaping organizational strategies and behaviors, there is little agreement on what this organizational culture actually is and what it encompasses. Schein (2010) defines organizational culture as a set of values and rituals, which serve as a way to collectively, build a description of ...

First Article

The article Studying the Links between Organizational Culture, Innovation, and Performance in Spanish Companies discusses innovation as being the fundamental element influencing company’s success in the competitive markets. The Journal explains the need for studying the factors affecting innovation such as factors related to people as well as behavior. Organizational culture is depicted as being in a position to stimulate or restrain innovation in a firm (Naranjo-Valencia, Jiménez-Jiménez, & Sanz-Valle, 2016). Corporate culture can thus affect the performance of a company in either the way. Since innovation is presented as a primary factor that affects performance and ...

The main objective of this design document paper is to give a clear cloud technology and visualization implementation process for the company. First, cloud technology is a style of computing whereby non-static scalable and most visualized company resources are provide in service form over the internet. Therefore, it is compulsory for such companies to have expertise knowledge so as to run effectively the technology in the cloud that properly supports them. The general concept of cloud technology and visualization integrates technologies that depend absolutely on the on the internet as the common theme for meeting the companies' computing needs ...

Over the last few decades, the level of economic inequality has significantly increased, especially in the OECD countries (John 7). Essentially, the top earning population has acquired a large share of the overall gains in income. Fundamentally, there has been an increasing consensus that major assessment on the level of economic performance should not be based solely on income growth, but the distribution of income. Such assessments are highly concerned with the level of both economic and income inequality. Economic inequality measurements have numerous dimensions, and economists view it in terms of monetary assessments related to incomes for individual ...

ECON 4331W

Introduction The phrase "the rich get richer while the poor get poorer" has become a worldwide anthem at many political and economic forums. While these facts are actually true very few or practically no one goes forward to act in a manner seen to strike a balance if anything many individuals are individualistic and greedy. Elite economists from IMF recently released a study on the causes and consequences of rising income inequalities. It is believed as a result of income inequality there could arise a myriad of complex problems, most of which touch and significantly impact upon the economic ...

In business, designing creative brands aid in the promotion of the products. The branding process is a way of ensuring that the business stays in business and adopts a competitive distinction. It requires a proper managerial approach to ensure marketing of the products is done exclusively. Countries have taken an initiative to conduct product differentiation through branding. The United Arab Emirates is known for its prowess in business. The study analyses qualitative work in finding out how they design brands and develop their models. The approach is mostly directed to human capital. The focus is on the macro and ...

Human Resource Management Issues

Introduction The human resource unit is perhaps the most dynamic one compared to virtually all the others. Majorly, this arises from the fact the human resource deals with the most important part of an organization and that is the employees. Therefore, there is a need for constant evolution in this area to ensure that the organization stays at par with the changing requirements of the employee. Specifically, various issues are of utmost concern to each agency. For instance, compensation and benefits for the employees are one of the most important areas that the human capital department deserves to pay ...

Business

Research Paper: Article Reviews Article reviews Introduction: For this section of research, an article review will be carried out on two major research themes causing the problem under analysis. The two selected themes are customer satisfaction and emiritisation. Under each theme, researcher selected and summarized five articles. In total ten summaries were completed. The summaries provide an insight into knowledge relating to the problem under research.

Theme 1: The impact of customer satisfaction

Introduction This theme has been selected because customer satisfaction plays a major role in the business. If customers are not satisfied with the offerings of the business, they can choose not to bring ...

Introduction

The World Economic Forum stated that the gender pay gap may take 118 years to close. The gender pay gap is the average disparity in men and women’s total hourly wages earned, which can be attributed to different factors such as level of education, expertise, type of industry and length of work among others (Grimley, n.p). Statistics showed that despite the increased participation of women in the labor force, their salary remains to be significantly lower than that of men, even in highly industrialized countries. The existence of a wide gap between men and women’s average earnings ...

Introduction

Contemporary Business Environment places a lot of pressure on the company with regards to sustainable and profitable development. In order to be able to compete in the international arena, companies have to look for new ways to differentiate and diversify their business. One of the biggest challenges for a modern company is to build on internal expertise and skills that would help this organization create competitive advantage based on its intangible assets and people. Individuals are subject to a variety of influences and the employment relationships are becoming more complex. Human Resource Management (HRM) is facing new challenges, such ...

Introduction

It is known that the economic growth largely depend on such index as demand growth. The issue of its stimulation or, in other words, aggregation plays vital role in the contemporary economic state of affairs, which is characterized as such ‘which is transitioning from the Great Recession to a period of more stable growth’ (Global Economic Outlook, 2015). The recent economic stagnation is said to be caused by the persistent effective demand failure depressing the economy’s productive capacity through cuts in investment and depressed technological progress (Pryce, 2015). The main target is to change this course to the ...

BUSINESS ORGANIZATIONS IN A GLOBAL CONTEXT

Business Organizations in a Global Context Increasing Competition in business has induced industries to expand their operations globally. Liberalization of laws related to foreign direct investments in developing countries has further facilitated transferring of business operations across boundaries. However, shifting of business operations to other countries needs an in depth knowledge about their cultural, social, economic, political and legal dimensions for conducting business functions smoothly. Firms contemplating globalization of their activities often hire business consultants to advice them about the business environment of other countries for easy transitions. The case discussed in this paper concerns the operations of a ...

Industrial and Systems Engineering: Career Overview

Management Course Title Abstract Industrial and Systems Engineering is a multidisciplinary sub-field of engineering that regards the optimization of processes through the improvement of their efficiency, reduction of costs and management of human capital. This paper analyzes the historical background of this profession, its work field and job prospects as well as statistics and salary data of this type of engineers. Industrial and Systems Engineering: Career Overview

History

The origins of Industrial and Systems Engineering can be traced back to ancient times, as it is believed that Egyptians, Greeks and Romans utilized the fundamental principles of this discipline to develop ...

The concept of economic development is the expanded reproduction and gradual qualitative and structural positive changes in the economy, productive forces, factors of growth and development, education, science, culture, level and quality of life, human capital. Speaking about economic development as a process, it should be understood that it is characterized not by directness of its motion, but lack of uniformity, i. e. the periods of growth and recession are inevitable. It means an increase in the scale of the total production and consumption in the country, which is characterized above all by such macro-economic indicators as gross national ...

Why have the Asian Dragons (Taiwan, S. Korea, Singapore and Hong Kong) outperformed Latin America over the past 40 years regarding education outcomes? Studies indicate that 40 years ago, Latin America and Asian dragons were relatively on the same level regarding educational systems, policies, administration, and outcomes. Additionally, economic development and political status were running in a similar manner considering that educational outcomes are a function of the prevailing economic and political conditions. According to the research done by the inter-American development bank in 1998, the Asian dragon governments have been keen and vigilant in ensuring that the promises ...