Thursday, October 31, 2019

Organisational Behaviour Theories and Modern Learning Organisation Essay

Organisational Behaviour Theories and Modern Learning Organisation - Essay Example Specifically, it offers a wide-ranging tactical support within which abilities, instructing and growth strategies can be placed, thus providing teaching and HRM professionals with a tactic for advertising their products to higher management. Instead of training and capabilities being a bolt-on extra, learning transfers to centre stage and grows to be the principal organisational standard around which business policy and viable gain can be developed. Put plainly, there are said to be 3 different shapes of learning within an association: folks within an organisation learning belongings; organisational learning - where the organisation as a unit begins to develop means in which it can learn lectures in a group; and lastly the learning organisation - where the vital organisational objective is complete learning. The nature of the amendments needed becomes understandable as we look at the five-step prototype of development of a learning organisation submitted by Johnson (2002, pp. 241-249 ). The initial three steps of the model (Foundation, Formation and Prolongation) are taken to characterise a state of organisational learning. Phases 4 and 5 (Renovation and Transfiguration) represent evolution and conversion to becoming an entirely driven learning organisation. Foundation: Essential talents development, plus providing beginners with practices and eagerness to learn further. Basic human resources development plans to stimulate and put up self-belief for advance knowledge. Formation: Organisation promotes and develops skills for self-studying and self-development assists individual discover about the organisation and their position in it. Likelihoods and resources are set aside to meet requirement for learning. Renovation: An absolute transform in the form, look and traits or traditions of the organisation.

Monday, October 28, 2019

Globalization and its Effects Essay Example for Free

Globalization and its Effects Essay Research revelations in (Lardy, 2002, pp. 87-103) hold it that those countries which embraced globalization experienced an average of 5% growth, while those that shunned the concept experienced varied degrees of decline. Regardless of its positive impacts, Globalization if mishandled in one way or another can spell doom to a nation; this is due to the powerful economic vulnerable position that it puts a country on. As the economy grows, and international boarders linked, so does the non-traditional threats of terrorism, heightened rate of the spread of infectious diseases (SARS and HIV/AIDS) and other cross-boarder security issues. Globalization is an irreversible move and every nation has just to content with its effects, there is no short cut out of it; the best way to approach it therefore is to counter its effects and use them to the advantage of a national economy. Upon realizing this fact, the Chinese government went down into reconfiguring their economy to counter any negative outcome of globalization, for instance, it has affected reforms in the domestic banking and created diplomacy in defining international trade to at least protect Chinese interests (Susumu, 1999, p. ). Since globalization rolls the whole world into a single tiny village, the Chinese political big wigs have seen it necessary to consider the diverse effects that have in the past been not prioritized at all like; unregulated capital flows, cybercrime, epidemics, weapon proliferation and international terrorism. Top seed Chinese thinkers even believe that through the international institutions, globalization can be used to democratize t he United States and reduce their unilateralist political power. And if this concept is exploited well, China will grow into a rich and powerful nation, stable enough to shape the New World Order (Susumu, 1999, pp. 5-11). The Chinese economy stands to gain a lot in the current global direction that the nation is set on. With the current financial crisis, it does call for active international coordination to stay afloat and reduce incidences of worker lay offs. It will have mutual benefits for those who dare to fully participate in its drive. By getting to know the measures that other countries have put in place to counter biting effects, China has found a compromise point and forge a way forward through the current economic hard times. If the nation fine tunes its capital market and effects banking reforms, then it will help the world emerge out of the current economic crisis and even those of the future (http://www. unu. edu/unupress/unupbooks/uu11ee/uu11ee0p. htm). Globalization has helped China to gain a significant economic growth through breaking cultural bondage and establishing policies that lead to liberalization in this modern world. With the positivity that the nation has had on globalization, their current economic ranking rose to 7th from 32nd in the world, thanks to the integration with the world economy. The growth is attributed to increased corporate governance and human resource optimization. The positive effects of globalization as given in (Lardy, 2002, pp. 160-219) to the Chinese economy therefore include; strengthening interdependence in all nations, opening opportunities to bring into maximum use foreign capital and technology, promoting free trade that increase export trade. Lardy also gives highlights of the negative impacts presented by globalization, which he says are the following, but not limited to; difficulties in maintaining economic sovereignty especially for the developing nations and widening the rifts between the well industrialized economies and the marginalized ones. Globalization brings into play varied practices hence leading to cultural mix up; this is worse in a society which values originality like the Chinese. Besides these, it also results to an intensified competition for limited resources and higher scale of interdependence. To this effect, each and every person must acquire a way of coping up with the new development and adapt the new practices in the competitive environment. Traditional practices are most likely to be dropped in favor of new rules as individuals cooperate and coordinate with one another. To the Chinese government, they are currently down on what can be referred to as â€Å"system maintenance†. The nation has sought to have a stable relationship with its allies and foes a like as it feels that is the only way to rise above all the odds in the international system. To this effect, it has improved the level of democracy, which has in turn boosted its relationship with former foes like Germany, Russia, E. U and France (Susumu, 1999, pp. 11-15). Such a move will help China to actively participate in multinational institutions and transnational economic structures which will put it in a good position to counter future financial challenges with ease. For whichever government in place, it must strive to establish significant policies that can speed up development in all sectors of the economy. Even though globalization can cause a lot of hardships to the poor, it also opens opportunities to this group of individuals who dare to take advantage and turn the ills to their benefit. Poor people in this context refer to the recipients of public services, simple workers and those who frequently use common property resources to survive. With increased competition, the poor may find it hard to match high quality market standards hence falling out f business as production cost shoots or as the market price fluctuates. Social protection is therefore mandatory to be effected by every state that intends to go the global way, and China is not left out (Bardhan, 2004, pp. 271-278). Globalization affects poverty directly and indirectly, the government in place should get down on programs for instance investing on public facilities like health, education, training and other economic and social infrastructure that will cushion the public from the negative effects of globalization. These steps will go along way in reducing discrimination and market fragmentation in the society. Whilst the quality of life of many people will change for the better, some individuals will definitely lose it out. Globalization will present opportunities for everyone to grab and those who sleep on the idea and strive to maintain the status quo will be on the losing end. Resources drawn from every corner of the world will be made available; the same applies to technological advancement which makes things to be done much faster and easier. But one negative outcome of this is that the introduction of too much mechanization from the outside world will drive people out of employment as companies strive to achieve efficiency and reduce the production cost. But despite the negative effects, if properly affected, globalization stands a chance in ensuring that the nationals have a quality life worth living (Bardhan, 2004, p. 284). The advent of globalization presented so much challenge to the CCP (China Communist Party). People were getting more and more enlightened, especially with issues concerning their civil rights. Revolutions and a little bit isolated cases of political disability were therefore unavoidable and characterized the period. Labor standards became a thorny issue, as workers pushed to have their conditions be the same as those in the U. S. when labor barriers were eliminated production operations shifted directions to the U. S. The strain was not only felt in the labor market, the same was witnessed in the education, political, social and professional sectors which responded to accommodate the changes. All these under the CCP had to be addressed as they developed a force which needed political direction (Ding Lu, 2003, pp. 23-37). But all these moves were out of a good cause as it has helped the country to stay afloat above surging challenges. The future of the move seems to be no different as the party will have to employ the same tactics of changing with the changes. And more complex will be the future non traditional issues on security like; having to deal with separatists, drug traffickers, smugglers, cross-boarder criminal acts, ecological and environmental issues. Conclusion Globalization has been reported to be the force behind the robust economic growth in China as industrialization also took a centre stage in the country. But it is the imbalance in the international systems and national economies that are causing negative effects of the force. The financial crisis is not attributed to globalization and neither will it be the last straw to hit globalization, the government of China and all other world leaders should come up with mechanisms to coordinate the world market to strengthen their resistance to crises. Globalization tries to act like blanket of neutrality over the international capital flow and power relations. The successes that the nation is enjoying now area as a result of ancient liberalization and the move should never be dropped, for it is the only way to keep China and the rest of the world abreast as they ward off economic pitfalls. The programs which are meant to reduce the pathetic situation of the disadvantaged in the society should not only be meant to accelerate economic growth, but also help these individuals.

Saturday, October 26, 2019

Great Expectations by Charles Dickens | Summary and Analysis

Great Expectations by Charles Dickens | Summary and Analysis Charles Dickens wrote his enduringly popular novel, Great Expectations, between December 1860 and September 1861. As was usual for this most prolific of novelists, the book was first published in serial form, and the instalments would be as eagerly awaited as the ‘soap operas’ of today. This novel, however, contains an interesting and informative retrospective by the author on aspects of his life, hidden from even those closest to him, which he had first addressed in the painfully autobiographical David Copperfield some ten years earlier (a difficult decade for Dickens in his personal life) and to some extent alters the perception of himself which Dickens had there vicariously presented. The intricate plot of Great Expectations surrounds the life of an orphaned boy, Pip, who is brought up ‘by hand’ by his rather cruel sister and her kindly husband, Joe, the local blacksmith, to whom Pip turns for the only affection available. He sees Joe less as a father-figure than ‘a larger species of child, and as no more than my equal’ and this rather telling reference to ‘equality’ is to be one of the major themes of the book, i.e. Victorian class-consciousness and notions of what constitutes a ‘gentleman’. (One of the reasons Dickens chose, in fact to write the book was to redress the imbalance he felt he had created in the earlier creation of the ‘gentleman’ Copperfield and his snobbery towards the lads with whom he was compelled to work in the factory to which he had been consigned; Dickens had suffered a similar fate as a child and never spoke of it though he never forgot it.). Pip’s encounter at the beginning of the novel, in the graveyard where his parents are buried and from the stones of which he gains his only sense of self, with the terrifying convict, Magwitch, whom he is compelled to help yet for whom he feels compassion, is quickly followed by his being called to ‘play’ by the enigmatically grotesque Miss Havisham, shrouded in her wedding gown and frozen in time as a result of her being jilted, and this juxtaposition has much importance as the plot progresses, clearly foreshadowing the later unravelling of the mystery of Pip’s benefactor. It is at Miss Havisham’s house that Pip meets and falls instantly in love with her ward, the beautiful and distant Estella, whose name, with its link to ‘star’, is emblematic of both these characteristics. Chiefly because of this fateful meeting and Estella’s ‘disdain’ of his social class, Pip decides he ‘want[s] to be a gentleman’. Th is, significantly, he confides only to Biddy whom Dickens makes clear he should have married but his obsession with Estella obscures his vision on this as so much else, until it is too late. The plot advances significantly when Pip is told, by the sudden arrival of the lawyer, Jaggers, that he is to be the recipient of funds from an unknown benefactor which will make his dream come true and so begins the London phase of his life where he meets the amiable Herbert Pocket and his feckless family, the amusing and shrewd clerk, Wemmick, and re-encounters Estella. Pip is naturally encouraged by both circumstance and history to believe that it is Miss Havisham who is his benefactor but in fact, it is Magwitch, the convict, he helped as a child, who is making him into a gentleman, as he learns when Magwitch suddenly appears, and this dislocation of origins adds to Dickens’ development of the central theme of gentility. In fact, the true gentleman of the book is Joe, as Pip ultimately realises. In Great Expectations, Dickens is attempting to write both a mystery story, influenced by his friend Wilkie Collins’ success with the genre, and to examine the nature of what makes a man the object of respect and admiration. By making Pip want to ‘climb the ladder’ he is investigating the way in which Victorian society operated: more on wealth and station than worth. He was, indeed, ambivalent even about the ending to the novel, wanting at first to have Pip emphatically destined not to marry Estella: I was very glad afterwards to have had the interview; for, in her face and in her voice, and in her touch, she gave me the assurance, that suffering had been stronger than Miss Havishams teaching, and had given her a heart to understand what my heart used to be. Â   Clearly, here, Dickens intends that Pip and Estella should part and the only hopeful resolution is in her apparent change. Nevertheless, the astute author changed his mind because he wanted to please his audience rather than himself, and qualified the certainty of separation in the original by offering at least the possibility of their marriage in his revision: I took her hand in mine, and we went out of the ruined place; and, as the morning mists had risen long ago when I first left the forge, so, the evening mists were rising now, and in all the broad expanse of tranquil light they showed to me, I saw the shadow of no parting from her. The significance of the difference, notwithstanding the employment by the author of one of his favourite words, ‘shadow’, is that it is optimistically inconclusive but the disparity between the two endings clearly defines the author’s own increasingly embittered view of life. True, the couple depart the ‘ruined place’, an emblem of the wreckage of their shared past, but the ‘mists’ remain to obscure the certainty of unbounded happiness present in the ‘tranquil light’. Part of the enduring appeal of Great Expectations is to be found in its author’s power perpetually to please and the evidence is in this willingness to adapt his own directives to those of his audience. The vivacity of the characters, the twists and turns of the plot and the intensely personal style of the first person narrative all combine to make Dickens’ ‘mystery novel’ a book which continues to engage fresh generations of readers. Bibliography: Peter Ackroyd, Dickens, (Sinclair Stevenson, London, 1990). Charles Dickens, Great Expectations, (Clarendon Press, Oxford, 1993). John Forster, The Life of Charles Dickens in Two Volumes, (J.M. Dent Sons, London, 1966). F. Hopkinson Smith, In Dickenss London, (Charles Scribers Sons, New York, 1916). John Manning, Dickens on Education, (University of Toronto Press, Toronto, 1959). Steven Marcus, Dickens, from Pickwick to Dombey, (Basic Books, New York, 1965). John R. Reed, Dickens and Thackeray: Punishment and Forgiveness, (Ohio University Press, Athens, OH, 1995). Paul Schlicke, Dickens and Popular Entertainment, (Unwin Hyman, London, 1988).

Thursday, October 24, 2019

I Know Why The Caged Bird Sing :: essays research papers

What Do Children Feel Guilty About? Christopher Williams and Jane Bybee of Northeastern University were interested in discovering the frequency of guilt provoking events in adolescents. They wanted to establish proof for the hypothesis that age-related changes in children were attributed to developmental changes in cognitive reasoning. Past research has indicted that children with high levels of guilt are less delinquent, more compassionate, and more academic excitable children expressing less guilt in similar situations. It has been sited that at its best guilt can bring about the aforementioned but is can also be attributed to depression and obsessive compulsive disorders. In this study, there were 240 participants (123 male and 117 female). they were grouped according to grade. There were 85 fifth graders (40 male and 45 female), 90 eighth graders (44 male and 46 female), and 65 eleventh graders (39 male and 26 female). The subjects evaluated hailed form ethnically diverse neighborhoods of the northeast. The racial breakdown of the participants was as follows: 94 Caucasians, 110 African Americans, and 36 Hispanic. The study was conducted in each of the student_s respective classrooms. The students were prompted to share three instances when they felt guilty. The investigators wanted to know the specific incidences which evoked the guilt and the reason for feeling guilty. The three dimensions under observation were the type of situation which had occurred, the individuals involved, and the specific instances which led to the guilty feelings. There were seven situation parameters for classifying the guilt. They are guilt over transgression, of inaction, of neglect of responsibilities, of anticipation, over failure to attain ideals, of inequity, and not at fault. The second dimension included the individuals contributing the feelings of guilt and the third dimension detailed the possible guilt producing incidents (lying, truancy, property damage, et.) Analysis of collected data indicated that the type of situation evoking guilt varied with age and gender. From the 5th to 11th grades, there was a dramatic increase in the percentage of students reporting guilt from inaction, neglect of responsibilities, and failure to attain ideals. It was also noted that females sited guilt over inaction twice as often as male students. Responses of students in higher grade levels mentioned girl- and boyfriends as the individuals evoking feelings of guilt. In the younger students, parents and siblings had a greater impact of causing guilt feelings. Unsurprisingly to me, the guilt-producing incidences most common to the 8th

Wednesday, October 23, 2019

The Impossible Trinity

The impossible trinity Stephen Grenville, 26 November 2011 The impossible trinity doctrine – that it is not possible to have a fixed exchange rate, monetary policy autonomy, and open capital markets – still holds powerful sway over policymakers and academia. But it does not reflect reality in East Asian emerging countries. Assets in different currencies and different countries are not close substitutes. Capital flows to emerging countries present serious challenges, but the trinity is not the best framework for analysing the policy options.Capital flows are rarely discussed without a genuflection in the direction of the impossible trinity, also known as the trilemma. For example, Magud et al (2011) write: â€Å"†¦ a trinity is always at work. It is not possible to have a fixed (or highly managed) exchange rate, monetary policy autonomy, and open capital markets. † According to the trilemma, a stable exchange rate without capital controls requires domestic an d foreign interest rates to be equal. Otherwise, ‘uncovered interest arbitrage’ will force continuous appreciation or depreciation of the currency.As such, nations without capital controls must choose between stabilising the exchange rate (by slaving interest rates to foreign rates) and stabilising the domestic economy (adjusting interests slaved to domestic macro conditions but letting the exchange rate fluctuate). Mechanically, this is enforced – according to trilemma logic – by substantial capital inflows or outflows and the impact of these on the money supply. Why this doesn’t fit the East Asia experience Since the 1997–98 Asian crisis, East Asian countries have clearly run their own independent monetary policies.   They have successfully set interest rates to broadly achieve their inflation objectives. As Figure 1 shows, they are most definitely not all slaving their rates to foreign rates. Figure 1. Despite this, their exchange rates have been fairly stable. They have managed their primary exchange-rate objective – leaning against the prevailing appreciation pressures in order to maintain international competitiveness (see Figure 2). Remember that according to the classic trilemma, the similarity in exchange-rate movements since the global crisis should have coincided with identical interest rate levels (all equal to, eg, the US nterest rate); comparing Figures 1 and 2, we see this isn’t the case. Figure 2. These attempts to restrain appreciation have involved heavy government intervention, resulting in very large increases in foreign-exchange reserves (Figure 3). This didn’t, however, cause excessive increases in base money (Figure 4), thanks to effective sterilisation by open-market operations and increases in banks’ required reserves. Figure 3. Foreign-exchange reserves as a share of GDP Figure 4. Growth in foreign-exchange reserves (y-axis) and base money (x-axis), Percent, 2001â €“07 Why doesn’t the trinity apply?There are four reasons why the trinity doesn’t work in East Asia. First, if uncovered interest parity held, markets would treat different currencies as close substitutes. An investor would know that the interest differential would be a good guide to where the exchange rate was heading and even small interest differentials would trigger large arbitrage flows. It is now abundantly clear that interest parity offers feeble guidance for the exchange rate–interest rate nexus (see Engel 1996). The parity condition often gets the direction wrong, let alone the quantity (Cavalo 2006), as it does for six of the seven countries illustrated in Figure 5.Figure 5. Annual average interest differential versus change in exchange rate 2001–10 Capital flows responding strongly to interest differentials are the core element in the impossible trinity story. But in practice: * Different currencies are not close substitutes; and * Capital flows are driven by many other forces besides short-term interest differentials. Second, instead of well-formed views on how different currencies will behave over time, there are fluctuating (sometimes wildly fluctuating) assessments of risk attached to cross-currency holdings.The higher interest rates generally available in emerging countries have encouraged carry trade–type capital inflows, but these were offset by official reserve increases (Figure 6). Figure 6. Net capital flows to emerging countries ($ trillion) Third, the impossible trinity envisages that any intervention to prevent these capital flows from bidding up the exchange rate will be fully reflected in base money increases which will, in turn, thwart the authority’s attempts to set interest rates as desired.But this sort of base money-multiplier view of monetary policy no longer corresponds with the way monetary policy works in practice. These days the authorities set the policy interest rate directly v ia announcement, while managing liquidity in the short-term money market through open-market operations, including an effective capacity to sterilise foreign-exchange intervention (Figure 4). In some cases (eg China) excess base money was effectively sterilised through increases in banks’ required reserves.Thus capital flows do not usually prevent the authorities from setting interest rates according to their objectives. Finally, the impossible trinity envisages that any official intervention in foreign-exchange markets will be taking the exchange rate away from its equilibrium, opening up arbitrage opportunities. But suppose, instead, that the authorities have a better understanding (or longer-term view) of where the equilibrium lies, and are managing the exchange rate to maintain it in a band around the equilibrium.East Asian countries have not, in general, prevented some appreciation of their exchange rates, but they have sought, through intervention, to prevent momentum-d riven overshooting. Is there a useful softer version of the impossible trinity? Even if the impossible trinity in its pure version does not hold, is it still a useful concept in a looser version, as a reminder that there are interconnections and policy constraints between interest rates, exchange rates, and capital flows?Frankel [2] As they become more closely integrated internationally, foreign investors will increasingly respond to this underlying profitability differential. How can this prospect of sustained higher returns be reconciled with portfolio balance for the foreigners whose initial portfolios are in the lower-return mature economies? This, not the short-term impossible trinity problem, is the policy challenge Conclusion The impossible trinity began as a useful theoretical insight into the nteractions of policy instruments. It is still a useful blackboard reminder that not all policy combinations are possible. The blackboard illustration, however, has been adopted as a d octrinal policy rule. This over-emphasis on a simple thought-experiment may have been because it served to support the arguments for free-floating exchange rates. The argument went like this: capital controls are not workable; if you want to have your own monetary policy, then you have to let your exchange rates float freely.But the impossible trinity was a stylised insight relying on simplified assumptions. The real world was always more complex and nuanced. Of course there is some connection between interest differentials and capital flows. But there are other forces motivating capital flows, and these are much more random and non-optimising than envisaged by the impossible trinity. The fickle changes in risk assessments, mindless herding, and booms and busts in the capital-exporting countries make international capital flows volatile in ways not envisioned in the trinity.Author’s Note: This column is based on ‘The Impossible Trinity and Capital Flows in East Asiaâ₠¬â„¢, Asian Development Bank Institute Working Paper 318 November 2011. References Aizenman, J, MD Chinn, and H Ito (2009), â€Å"Surfing the Waves of Globalisation: Asia and Financial Globalisation in the Context of the Trilemma†, Asian Development Bank Working Papers No. 180. Cavalo, M (2006), â€Å"Interest Rates, Carry Trades, and Exchange Rate Movements†, FRBSF Economic Newsletter 2006/31.Engel, C (1996), â€Å"The forward discount anomaly and the risk premium: a survey of recent evidence†, Journal of Empirical Finance (32): 305–319. Frankel, JA (1999), â€Å"No single currency regime is right for all countries or at all times†, Princeton Essays in International Finance 215. Magud, NE, CM  Reinhart and KS  Rogoff (2011), â€Å"Capital controls: myth and reality – a portfolio balance†, Peterson Institute Working paper 11-7 1 Except, of course, Hong Kong, with its fixed rate. Singapore is a special case, implementing monetary p olicy via the exchange rate rather than interest rates.Its capital market is open; it closely manages its exchange rate; and it has an independent monetary policy, achieving its objective of having one of the lowest inflation rates in the world. 2 Some might see this same argument in terms of growth rates. Interest rates will approximate the economy’s growth rate (whether measured in real or nominal terms). Thus the higher prospective growth rates of the emerging countries will be accompanied by higher interest rates. Share on linkedin Share on facebook Share on twitter Share on email More Sharing Services 12

Tuesday, October 22, 2019

Gideon Mantell - Profile of the Famous Paleontologist

Gideon Mantell - Profile of the Famous Paleontologist Name: Gideon Mantell Born/Died: 1790-1852 Nationality: British Dinosaurs Named: Iguanodon, Hylaeosaurus About Gideon Mantell Trained as an obstetrician, Gideon Mantell was inspired to hunt for fossils by the example of Mary Anning (who unearthed the remains of an ichthyosaur in 1811, on the English coast). In 1822, Mantell (or his wife; the details are murky on this point) discovered strange, giant teeth in the county of Sussex. Intrigued, Mantell showed the teeth to various authorities, one of whom, Georges Cuvier, initially dismissed them as belonging to a rhinoceros. Shortly thereafter, it was established beyond any dispute that the teeth were left by an ancient reptile, which Gideon named Iguanodonthe first example in history of a dinosaur fossil being discovered, analyzed, and assigned a specific genus. Although hes best known for Iguanodon (which he initially wanted to name Iguanasaurus), Mantell specialized in Englands late Cretaceous fossil deposits, which yielded the remains of numerous (non-dinosaur) animals and plants. In fact, one of his limited-edition books, The Geology of Sussex, received a terse bit of fan mail from none other thank King George IV: His majesty is pleased to command that his name should be placed at the head of the subscription list for four copies. Sadly for Mantell, after his discovery of Iguanodon, the rest of his life was anticlimactic: in 1838, he was forced by poverty to sell his fossil collection to the British Museum, and after a long illness he committed suicide in 1852. Weirdly, one of Mantells paleontological rivals, Richard Owen, got hold of Mantells pickled spine after his death and displayed it in his museum! (Owenthe coiner of the word dinosaur who never gave Mantell the credit he deservedis also believed to have written an anonymous, damning obituary of Mantell after the latters death, which didnt prevent a future paleontologist from naming a genus in his honor, Mantellisaurus.)