Economics Essay Examples

Cost per outcome is the total cost of all units of service. Very simply, if you don’t know what it costs to achieve a certain output/outcome, you can’t know how much to charge for your services. A budget systems model is the foundation from which budgeting systems can be used to evaluate the success of […]

Thousand of organizations in the global village have decided they could save money and increase their flexibility by converting many jobs into temporary of part-time positions, giving rise to what is commonly referred to as the contingent workforce. Today, temporary workers can be found in secretarial, nursing, accounting, assembly-line, legal, dentistry, computer programming, engineering, marketing, […]

In Malaysia, the unemployment rate is considered low compared to the early years such as 1986 where the unemployment rate reached as high as 7. 6%. Today the unemployment rate is still affected by many factors and in order to make sure it doesn’t reach as high as before, we need to find out the […]

This paper is intended for all organizations that desire to be financially successful. It is also directed at Jim Rohr, CEO of PNC. PNC has fought through possibly the worst financial situation the banking industry has ever faced and not only survived, but flourished. PNC has done so because Jim Rohr and his executives have […]

Define utilitarianism. Discuss how utilitarianism might be applied to contemporary organizational communication. Give examples of the results of this application. Utilitarianism is one of the major systems of ethics in which the ethical or right action is one that brings the greats good for the greatest number. It can be applied to achieve the total […]

Many perceive the Ricci v. DeStefano case as adding to the confusion and misunderstandings surrounding Affirmative Action, the Civil Rights Act of 1991, and disparate-impact discrimination. It is often seen as an instance of reverse discrimination, with some arguing that it was necessary to address this issue. However, there are those who think this decision […]

Outsourcing is the act of hiring external parties for business functions when a company lacks expertise or skills. It began with large manufacturing firms contracting specialized component production, such as automakers employing external companies for items like air conditioning units and radio systems. Outsourcing provides the advantage of cost-effective labor. Outsourcing allows companies to save […]

Organizing is defined as the assembly and coordination of the human, financial, physical, informational, and other resources needed to achieve goals. (Bateman & Snell, 2009, pg. 20) This function is also referred to as the function used to build a dynamic organization. (Bateman & Snell, 2009, pg. 20) When looking at the organization process Sam […]

From a wide array of studies, cultural differences are widely believed to have deep impacts on organizational cultures and environments. People from different countries have diverse national cultures which will in turn create completely different organizational cultures. Organizational culture is defined by the textbook to be “the shared social knowledge within an organization regarding the […]

1. Organizing is a pattern of relationship whereby managers and employees attempt to achieve the same goals. These goals are the result of the decision-making process performed by managers at the early stages of planning. 2. The five basic function of management in an organization are planning, organizing, leading, controlling, and staffing. Therefore, after each […]

Identify how some Accenture-type efforts have and have not occurred in your current and previous workplaces. Also, discuss why focusing on employee retention pays off for Accenture clients, and not just for Accenture itself. It is imperative to analyze the different work backgrounds that some of our team members have experienced in order to find […]

The personal value of employees, also known as the employee value proposition, encompasses more than just salaries and benefits. It encompasses the overall experience of working at a company, including career development opportunities, rewards, culture, and management style. It is important for the employee’s personal values to align with the company’s brand and be consistently […]

Praises and recognitions, seems to be a very good tools from companies to show appreciation and motivation to their employees, however sadly not everybody does. According to Coffman. An example of a bad recognition program is with an employee of a dot-com in California, Take Ko, his companies give badges that states “U Done Good”, […]

It could easily be proven with the right set of data presented in the right light that the Global recession is causing people in the workplace to cause problems at an increased rate, and in a worst case scenario, go ‘Postal’ on other employees. This case study does not prove that a recession either impacts […]

Both companies and healthcare institutions, like hospitals, have a global presence and are focused on profitability and market share. In order for hospitals to succeed, it is essential that their employees are aligned with these goals as they play a vital role in propelling the organization forward. This is especially important because patients, who are […]

(a) Why is this emotions management important in the job of nurses and other medical staff? In what way do medical staff alter the emotions of their patients? Emotions management is important in the job of nurses and other medical staff because the staffs can manage their feelings and emotions so that they can work […]

How did bringing the different manufacturing activities in-house help Esquel to control the high quality of their product content and service? Esquel started as a trader buying garment and fabric from various companies in China and Malaysia. It further expanded its operations into garment manufacturing, production of woven and knit fabric and cotton ginning, spinning […]

Internal Alignment is the set of strategies, policies and systems laid by an organization. They are also the relationship between jobs, skills and competencies in the organization. On the hand, external competitiveness refers to how an organization pays for jobs in relation to its competitors. For example, Adidas pays its employees in relation to Nike’s […]

In these most recent economic times, it is clear to see that the rift between the extremely rich and the extremely poor is expanding, with those in the middle being stretched to one extreme or the other. There seems to be no reconciliations for this ever-growing disparity, as the corporations that used to comprise solely […]

Generation Y, or Millennials, as they’re also known, are rapidly becoming part of the present workforce. They’re individuals who were born approximately between 1980 and 2000. They’re described as independent, optimistic, highly educated, goal oriented, technologically savvy, and ethnically diverse. They’re also highly collaborative, expect instant gratification, and believe work should be fun and challenging. […]

Tucker Energy Services Limited is a privately owned multinational oil and gas services corporation that offers innovative technology solutions with dedication to customer focused service. Seeing as how corporate direction is derived from the Houston headquarters in the United States of America and proprietary technology development & training takes place in the company’s United States […]

Is the election of public servants truly in our personal best interest, or does it primarily serve the broader welfare of the country? Or perhaps these officials are more focused on preserving their popularity as a strategy to ensure re-election? The ongoing deadlock in our two-party system is clear. Any group attempting to introduce change […]