Managing Organisational Communication Essay Example | Topics and Well Written Essays - 1000 words

Managing Organisational Communication - Essay Example Movement through sequence is characterized by one or more of the parties making concessions in return for concessions being made by the other party (or parties). What the parties do is trade-off' some part of their original negotiating position. This process continues until the parties either reach a point of agreement--i.e. they are prepared to accept the position of the opposing side--or a stalemate is reached. (Susskind and Cruikshank, 1987). Principled negotiation is arguably harder for those in a position of relative power to achieve than for those who have less power in the relationship. For example, a director heading a team of 40 sales and marketing staff has the final say when it comes to decisions - but if that decision leaves the staff feeling unfairly treated, the director has not achieved a good result for the staff, themselves or the firm. Ethics is a set of moral principle and values. Ethics is no longer a purely personal concern. Nor is it something that organizational leaders can take for granted. Today, a well-tuned sense of the ethical has become a 'must have' for those in business wishing to create and belong to sustainable enterprises, as well as for the average person in the street who is concerned about who they work for, who they buy from and who they invest in. Therefore we have written this primer. WHAT IS CSR The ethic of corporate social responsibility has been described as "the alignment of business operations with social values. CSR consists of integrating the interest of stakeholders--all of those affected by a company's conduct--into the company's business policies and actions." Fundamentally, socially responsible behavior internalizes all external consequences of an action, both its costs and benefits. Ultimately, the corporation is only a reflection of consumers' demands and priorities; true social change necessarily involves changes in consumers' demands. Voluntary CSR is really nothing more than corporate advertising that makes consumers aware of new products with features for which they are willing to pay. Although CSR advocates portray a profit-centric corporation as socially irresponsible, the opposite is true. A profit-centric firm provides the optimal amount of socially responsible behavior. Although concern with ethics and CSR has always been a part of doing business, business leaders today are beginning to think about ethics as a set of principles and guides of behavior rather than a set of rigid rules. In this sense, business ethics is not only an attempt to set a standard by which all of the employees of a company can know what is expected, but it is also an attempt to encourage employees, managers, and board members to think about and make decisions through the prism of a shared set of values (Coors & Wayne, 2005). Q7 Part (b) A discourse that seeks to persuade or convince is not made up of an accumulation of disorderly arguments, indefinite in number; on the contrary, it requires an organization of selected arguments

CANTON-MOVIE ARTWORK BY PAUL SAMPLE Research Paper

CANTON-MOVIE ARTWORK BY PAUL SAMPLE - Research Paper Example The artwork was painted by Paul Sample showing US troops in Canton Island in 1946. Canton Island was one of the largest and used by the US navy and air force soldiers as stop over. This found when the United States was just out of the Second World War and it acted as a symbolic feature to the US military troops and the civilians to remind them of the impact of the war. This will also remind them how their military army and combat soldiers defended the country from foreign attacks. The artwork is currently kept in the US military museum in Washington DC alongside other early arts. The artworks provide great encouragement to the troops reminding them of their ancient heroes (Henkes 2001). The physical appearance of the painting shows US military troops keeping surveillance of the enemies. One soldier is portrayed to be on top of the raised hill and one on top of the tree to enable him observes enemies from a far horizon and observes any enemy of aerial attacks. It is also important to note that there is a picture of a movie of a man and woman embracing one another. This can be taken to describe the happy moments in the United States before the second war erupted (Henkes 2001). Clearly looking at the picture, it is true to note that all the military soldiers are glued to the movie. This therefore shows that despite the soldiers being involved in the war, they had time for entrainments. There is a bright moonlight above in the blue sky clearly indicating that it is night hour. This shows that the Americans were ready to fight and defend their country despite all odds and that is why they are keeping vigil even at night. The portrait also clearly shows that the military officers are armed with firearms such as guns ready for any attack from their enemies (Henkes 2001). The ground color in the work is mostly brown and beige, it lacks vegetation, and there are scattered stones around the place. There is no sign of movement of the people in the picture but they are sta tioned at different points in the painting facing different directions. The location of the artwork is on a raised ground probably a hill (Henkes 2001). Interpretation of the Artwork. The visual outlook of the artwork has vividly been explained. From the above description, it is important to note the portrait acts a remembrance to the citizens of the important roles done by the US military and the combat soldiers in maintaining the security of their homeland during the period of Second World War. It also reminds and provides good background information for the new generations of America on the suffering and endurance that their ancient natives underwent during the war to protect the country from attacks (Henkes 2001). The portrait can also be interpreted to show the effects of the Second World War on American economy that deteriorated the economic status of the American citizens due to the mass destruction of property. This can be evident by the bare ground that is on the picture, t he lack of vegetation, and the scattered stones. These show the destruction that took place. It is also evident from the picture that the soldiers also only had simple war weapons, the guns. This can mean that during the Second World War, the US military did not have adequate war equipment and mainly depended on the simple guns for defense (Henkes 2001). The brown color in the painting portrays the endurance of the American citizens during the hard times of the war that also had great effect on their economy besides affecting their social lives. The brown color also indicates unity of the people. The Second World War erupted when there was a great racial discrimination in the United States. The blacks were discriminated against by the whites and they were not

Ontario Teachers Pension Plan Essay Example for Free

Ontario Teachers Pension Plan Essay Ontario Teacher’s Pension Plan Board: Hedging Foreign Currency Exposure Ontario Teacher’s Pension Plan Board: Hedging Foreign Currency Exposure Issue Identification The Ontario Teacher’s Pension Plan (OTPP) is a defined contribution plan that was created in 1917 to provide and administer a pension plan for Ontario school teachers. Sponsored by the Ontario Government and the Ontario Teacher’s Federation, the plan currently supports 343,000 teachers, former teachers and pensioners. The recent government decision to eliminate the 30% constraint on foreign investments and the increased volatility in the currency market has prompted the OTPP Investment Committee to address the following: 1. Whether to continue the International Equity Swap Program 2. Whether to administer changes to the Foreign Exchange Hedging Policy Goals and Objectives In order to come to a decision, it is necessary that any solution put forth must align with the goals and objectives of the fund. OTPP is a long-term fund determined to minimize risk, costs and the additional contributions required to fund the plan while maximizing its returns. OTPP Investment Strategy In the early 1990’s the OTPP board realized that it was essential to begin investing abroad to diversify risk and to capitalize on international opportunities to achieve greater returns, given the size of the fund. However, it was not until 1996 that the Foreign Exchange Hedge Program (FX Hedge Program) was implemented in response to a significant rise in currency exposure. As the fund faced increased foreign currency risk, risk management became essential and thus, a hedging policy of 50% of its foreign currency exposure was introduced. Due to the fact that OTPP has a continual commitment in supporting its pensioners, it must expose itself to limited risk and effectively hedge against any unexpected changes in its investments. Hence, a conservative policy of hedging 50% of foreign exchange exposure was enforced. Additionally, the International Equity Swap Program (IE Swap Program) was implemented as a solution to the government restriction of 30% ownership of foreign investments. Since most assets were tied up in non-marketable Ontario Debentures, a swap program enabled OTPP to reallocate its assets. OTPP Performance Evaluation The strategic decision to diversify beyond Canada and into global markets has proved to be beneficial to the OTPP investment portfolio. It has contributed substantial value to the fund over the 10 year period (1995-2005) by reducing potential losses, since five of the six foreign currencies appreciated against the Canadian dollar. For the past 15 years, OTPP investments have also consistently outperformed the benchmark rate of returns, generating a 10-year average rate of return of 11. 4% and a gross return of $15. billion over benchmark returns. Despite the portfolio’s negative rate of returns in 2001-2002, it has still produced considerable investment growth in relation to the benchmark, demonstrating the strength of OTPP’s investment policies in risk management. However, since interest rates have declined by approximately 3% (1990-2004), the value of the pension fund has increased. This has resulted in larger amount of payments made to pen sioners. Additionally, the demographics of the OTPP plan membership have changed significantly over the past 30 years. The ratio of active members per retiree has decreased from 10:1 in the 1970s to the present ratio of 1. 6:1. Moreover, the expected years retirees rely on the pension have also increased to 29 years. All these factors have exerted a great deal of pressure on the pension plan to sustain its funding with contributions from fewer working teachers. With the foreign currency market being increasingly volatile, OTPP is concerned regarding its future ability to support pension payments. Decision Criteria The Investment Committee must consider the following criteria when deciding whether to implement changes to the International Equity Swap Program and Foreign Exchange Hedging Policy: the fund’s exposure to foreign exchange risk, transaction costs, and an alignment of goals and objectives of the fund. Alternative: Although OTPP has performed well in the past, the future outlook of the pension plan remains uncertain. Therefore, OTPP has four alternatives to the future direction of the fund. OTPP can continue or discontinue the IE Swap Program and maintain or revise the current 50% FX Hedge Policy. Continue/Discontinue the Swap Program Previously, the swap program was used as a means to bypass the government restriction on foreign investment. With the regulation being lifted, OTPP has to now evaluate whether the swap program remains necessary. The program has allowed OTPP to reallocate their assets cost-effectively as it eliminates OTPP’s cost of transacting directly in foreign exchange market. Moreover, since OTPP does not gain ownership of the securities, it has reduced the amount of cash required and limited its risk by transferring the risk to counter-parties (UBS, Credit Suisse, JP Morgan, etc. ).

Heinrich Schliemann Essay -- essays research papers fc

"We could describe (Heinrich) Schliemann's excavations on the hill of Hissarlik and consider their results without speaking of Troy or even alluding to it," Georges Perrot wrote in 1891 in his Journal des Savants. "Even then, they would have added a whole new chapter to the history of civilization, the history of art" (qtd. in Duchêne 87). Heinrich Schliemann's life is the stuff fairy tales are made of. A poor, uneducated, and motherless boy rises through his hard work and parsimonious lifestyle to the heights of wealth (Burg 1,2). He travels the world and learns its languages ("Heinrich Schliemann"), takes a beautiful Greek bride, and together they unearth the treasures of Troy and the citadel of Agamemnon, thereby fulfilling the dream he has chased since childhood (Calder 18,19; Burg 8). Indeed, by presenting his life in romantic autobiographies as a series of adventures, starring Heinrich Schliemann as the epic hero (Duchêne 14), h e ensured his status as a lasting folk hero and perennial bestseller (Calder 19). The reality was that Heinrich Schliemann was an incredible con man, a generally unlikable braggart who succeeded only because of his queer mix of genius and fraudulence. He had a shylock's conscience when it came to business dealings, and his shady methods pervaded both his life and his archaeology (Burg, 15-31). Schliemann had a habit of rewriting his past in order to paint a more dramatic picture of himself. Among the events he reported that have been found to be grossly untrue are his tales of being entertained by the American president Millard Fillmore and his wife in 1851, and his narrow escape from the San Francisco fire of that same year (Traill 9-13). More disturbing is when he applies these tactics to his archaeology. In December of 1981 Professor David Traill, a Latinist, concluded that the "Treasure of Priam", Schliemann's most impressive find at Troy, was actually a composite of several small finds uncovered from beyond the walls of the city. Schliemann had collected the pieces from 1871 to 1873 in order to produce a single find large enough to earn him the respect of fellow archaeologists, and also permission from the British to excavate at Mycenae (Calder 33). Twenty years of research led the Traill to the belief that, "the question is no longer whether but rather t... ...tp://www.astro.virginia.edu/~eww6n/bios/Schliemann/> "Homeric Questions Part III - Archaeology- 9/6/98." The Mining Company, <http://archaeology.miningco.com/library/weekly/aa090698.htm?pid=2765&cob=home>(6 September 1998) Kiernan, Mary K. "Heinrich Schliemann." Lecture at Vero Beach High School, 21 October 1997. Lost Treasures of Troy. BBC, London. 1994 "The Minoan Costume." FirstNet, <http://www.firstnethou.com/annam/costhist.html/minoan.html/index.html> Traill, David. Schliemann of Troy: Treasure and Deceit. New York: St. Martin's Press, 1995. "Troy." Thinkquest Organization, <http://www.thinkquest.org/tqfans.html> "Troy VI." Dartmouth Archaeology, <http://devlab.cs.dartmouth.edu/history/bronze_age/lessons/23.html> "TROY: 4000 year old Ancient City." <http://www.iit.edu/~agunsal/truva/truva/truva.html> "Western Anatolia and the Eastern Aegean." <http://devlab.dartmouth.edu/history/bronze_age/lessons/7.html#9>(3 July 1996)            

Microsoft Opens the Gates: Patent, Piracy, and Political Challenges in China Essay

Microsoft faced many macro risks when operating in China. Many of these risks included software piracy, Chinese government pressure to transfer technology, host government promotion of competitor products, discriminatory procurement practices by sub-national authorities in China, and the strong encouragement for Microsoft to enter joint ventures with local firms. One main micro risk that Microsoft faced was when the Beijing Municipal government avoided Microsoft by awarding operating system software contracts for 2,000 PCs to Red Flag Linux. I see these risk increasing due to the fact that the Chinese Central Bank has put new restrictions to foreign exchange transactions in attempt to control the flow of convertible currency out of the country. This restriction set in place by the Chinese Central Bank was described as a â€Å"crackdown† on illegal transactions. This change will effectively make it more difficult for both domestic and international companies to move capital in and out of China. In result, only increasing the risks for MNCs to do business in China. Another main reason why I see the risks increasing is that the Chinese government has not made an effort to control the piracy/counterfeiting issues. Counterfeiters are China’s largest state owned factories. These risk are also found in other developing countries such as India where piracy and counterfeiting is a big issue. After the U. S. – China accord on intellectual property rights in 1992, it encouraged Microsoft to explore further opportunities in China. In order to manage political risk in China, initially, Microsoft signed various agreements with Chinese PC producers to pre-load its software on their computers. Other approaches to manage political risk included opening Microsoft Research China (Microsoft’s second international research lab and the first one in Asia) and signed agreements with China’s top four computer makers to preinstall Windows XP on their machines. One of the most notable approaches was when Microsoft signed an accord with the Shanghai Municipal government whereby agreed to help develop Shanghai’s software sector, expand its Shanghai regional support center into a global support center, and train thousands of software architects. Ultimately, Microsoft continued to manage political risks throughout the years by continuing to build agreements with Chinese PC manufacturers, develop new partnerships and better its relations with the Chinese government. I favor the strong ties that Microsoft built over the past two decades with the Chinese government and feel that all the techniques they used to manage political risk were needed in order to conduct profitable business in such a scrutinized country and economy. Going forward, Microsoft should continue to try and enforce IPR and keep healthy relationships with the Chinese for obvious reasons. They should keep developing partnerships and build a Microsoft oriented software sector in China through training/certification to strengthen the company’s forecast. By having to deal with lower levels of government, it created an initial challenge to â€Å"win† over the lower level of government in order to strengthen Microsoft’s overall relationship with China. Specific challenges included when the they signed agreements with China’s State Development & Planning Commission to invest in education/training, signed a large investment and cooperation deal with the Beijing Commission on Science & Technology and struck partnership deals with various Chinese companies such as Petro China. Although Microsoft kept making strong efforts to strengthen the relationship with China, they still faced many challenges to overcome China’s discrimination towards the company by requiring all ministries to purchase Linux based software. These challenges created new opportunities for Microsoft to create new initiatives to benefit the Chinese economy which in result helped them build a strong footprint in China. Yes other firms do have the same risk management options as Microsoft did. Other firms did have the same risk management options because all MNCs faced the same macro/micro issues that Microsoft faced when entering the China markets which included pressure to transfer technology, host government promotion of competitor products, discriminatory procurement practices by sub-national authorities in China, and the strong encouragement to enter joint ventures with local firms. Microsoft is creating serious risks by supporting, financing, and transferring technology to local Chinese software firms but had to do so in rder to have success in China. By them giving back to the Chinese economy, in return a large percentage of software users are using Microsoft product legally and illegally. In result, the end user is most likely using a Microsoft product and creates brand awareness. Microsoft used the appropriabiltiy theory to manage their risks by only sharing information with their partners that is only appropriate in order to make the partnership work.

The Development Of A Nations Foreign Policy Strategy

The development of a nation’s foreign policy strategy must be built with consideration of various components. Since there is no established world â€Å"leader†, multiple spheres of power and influence develop. One of the most inevitable factors affecting forging policy is location. The development of influence based simply on geographic location has not gone unnoticed from nations participating in global relations. In a consistently turbulent world, nations are constantly realizing their relevance on the world stage. Nations will often realize this relevance and continue to develop it for their benefit and political gain. The intersections of economic, social, political, and geographic connections result in strategy being developed solely on the location of a nation. When it comes to the importance of strategic location in relation to foreign policy, it is imperative that a nation implements strategic location when developing their foreign policy approach. Strategic loc ation can be described as either the strategic acquisition of land based on potential political and economic significance or the recognition of geographic significance for foreign policy on previously acquired territory. Strategic location can be used as either a reactive or proactive tool to determine a countries foreign policy tactic. The strategy that lies in location rests in factors such as the intersection of trade routes, sharing of borders, and neighboring influence. These factors and many othersShow MoreRelated The Impact of Chinas Modern Foreign Policies on Economic Growth1229 Words   |  5 PagesThe Impact of Chinas Modern Foreign Policies on Economic Growth Recent Chinese economic policies have shot the country into the world economy at full speed. As testimony of this, Chinas gross domestic product has risen to seventh in the world, and its economy is growing at over nine percent per year (econ-gen 1). 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In this regard, the subsidiaries operate as unique and autonomous profit unit centres in the respective marketsRead MoreThe Roles of The National Security Enterprise 1301 Words   |  5 Pagesresponsibilities, and collaborate to avert or at least minimize damage to U.S. foreign and domestic interests.(George and Rishikof 2011) The National Security Act of 1947 created the National Security Council. â€Å"The National Security Council (NSC) is the principal White House institution that is responsible for coordinating national security strategy, advising the president on national security issues, overseeing policy implementation through the interagency process, and responding to national security

Euthanasia Murder or Mercy Essay - 1665 Words

Our modern day society has been recurrently challenged on many topics that have been deemed as â€Å"moralistically impacting.† It is accepted today that a problem cannot be solved in modern day society unless adequate proof is offered to manipulate the stalwart beliefs of many individuals in a way as to reach an impasse amongst two opposing parties. Euthanasia happens to be a topic that has been debated extensively for the larger part of the twenty-first century (Larue). Even the definition of euthanasia evokes mixed emotions: the act or practice of killing or permitting the death of hopelessly sick or injured individuals in a relatively painless way for reasons of mercy (Merriam-Webster). The struggle over whether euthanasia should be†¦show more content†¦After all, a life is a life. If an individual takes a life, it is not uncommon for feelings of remorse to be experienced. These feelings affect not only the individual who commits the deed, but also the family of the euthanized patient (Impact). Once a family member has been euthanized, it generally leaves the family with a sense of overwhelming guilt. A thought to consider: the members of the euthanized individual are responsible for that patient (Pollard). This concept usually becomes a major problem for members of the family after the death of their loved one; members of the family sometimes wonder if the patient made the correct decision, or if something might have changed to where the individual could have been healed of their ailment (). Even worse, the next question also does not have a debatable medium: What circumstances can allow euthanasia to be considered justifiable (Ethics Guide BBC)? Many consider euthanasia to be a practical option if a patient is considered terminally ill, but what exactly is the definition of terminally, in this case? Definitions vary (Arguments). These broad definitions result in an indefinable line for what is considered acceptable by people in terms or w hether a patient is truly considered terminally ill. To worsen the problem, some medical professionals have begun manipulating the original definition that was previously mentioned into what they believe is a more accurate reflection of a patient that they thinkShow MoreRelated Euthanasia Essay: Mercy Killing or Murder?1333 Words   |  6 PagesEuthanasia: Mercy Killing or Murder?      Ã‚   We, as humans, are mortal beings.   Our life span is finite.   Even though we are mortal, we try to hang onto our lives as long as we can; fear of death and wanting to live forever are, after all, part of human nature.   Sometimes, however, the field of medicine capitalizes on this aspect of humanity. While it is certainly true that one goal of medicine has always been to prolong life, another goal has been the alleviation of pain and suffering.   One pointRead MoreEssay about Euthanasia as Mercy or Murder1311 Words   |  6 PagesEuthanasia as Mercy or Murder In keeping with the root definition of euthanasia- literally [meaning] good death- [supporters] of euthanasia insist they are talking about helping terminally ill patients in insufferable pain die a dignified death- at the patients request. But this bears no resemblance to the true picture of the actual practice of euthanasia in the United States (Lyons np). Passive euthanasia is death by nonintervention, meaning a health care worker can discontinueRead MoreEssay about Euthanasia: Mercy or Murder?2228 Words   |  9 PagesAccording to the Collins Canadian English Dictionary euthanasia is defined as â€Å"the act of killing someone painlessly, especially to relieve his or her suffering† (2004). Not everyone agrees with this definition. I have always believed that euthanasia was the human choice of ending another persons life because of the excruciating pain they are suffering due to an incurable disease. Some disciplines think that euthanasia should never be an option no matter what the situation. While other disciplinesRead MoreShould Euthanasia Be Legalized?864 Words   |  4 Pages In the past, there have been practices of mercy killing for incurable animals. If the animals seem impossible to recover their health, a veterinarian is able to help them reach to death. Though there are some people disagreeing with animal mercy killing, most of people agree on it and it is legal. However, when it comes to human, there is a furious controversy over euthanasia. Because there is a sharp conflict on the issue, some countries accept mercy killing lawful while others do not. The mainRead MoreEuthanasia: Not Morally Acceptable Essay1646 Words   |  7 Pagesfollowing essay, I argue that euthanasia is not morally acceptable because it always involves killing, and undermines intrinsic value of human being. The moral basis on which euthanasia defends its position is contradictory and arbitrary in that its moral values represented in such terms as ‘mercy killing’, ‘dying with dignity’, ‘good death’ and ‘right for self-determinatio n’ fail to justify taking one’s life. Introduction Among other moral issues, euthanasia emerged with modern medical advancementRead MoreThe Bible And The Teachings Of Jesus1491 Words   |  6 Pagesspecifically mention euthanasia, it does address closely related topics. Euthanasia is essentially killing out of mercy, hence the name ‘mercy killing’. The bible tells us that we are not to murder (Exodus 20:13) and any form of taking a life is seen as killing. It says that we die when God chooses us to, and to murder is an attempt to deny God his right of appointing death. Therefore, ‘mercy killing’ is going against God’s will and is a sin. The sixth commandment is â€Å"You shall not murder†, and that justifiesRead MoreMercy Killing1489 Words   |  6 PagesMercy Killing or Just Plain Killing: The Euthanasia Debate For as long as people have been around, we have been dying. While this very well may seem to be pointing out the obvious, so many of us forget that we, as humans, are mortal beings. Our life span is definitely finite, and it should be. Just think what would happen if nobody ever died. Even though we are mortal, we try to hang onto our lives as long as we can. Fear of death and wanting to live forever are, after all, part of humanRead MoreShould Euthanasia Be Legalized?1490 Words   |  6 PagesArgumentative Essay 1 November 2015 Word Count - 1488 Mercy or No Mercy Soul is immortal. But body is mortal. In life there could be multiple problems. Some problems could be life threatening. There are some stages in life where one has to make decisions. Imagine you are in a place where you lost all your vital abilities and you have to spend your entire life like that. Your family and friend are in pain too just like you are in pain. What would you do? Euthanasia is and act where a person assist the deathRead MoreEuthanasia: The Right to Die Essay1661 Words   |  7 PagesEuthanasia, which is also referred to as mercy killing, is the act of ending someone’s life either passively or actively, usually for the purpose of relieving pain and suffering. â€Å"All forms of euthanasia require an intention to accelerate death in order to benefit patients experiencing a poor quality of life† (Sayers, 2005). It is a highly controversial subject that often leaves a person with mixed emotions and beliefs. Opinions regarding this topic hinge on the he alth and mental state of the victimRead MoreShould Euthanasia Be Legalized?901 Words   |  4 Pages Legalized Murder? Euthanasia allows someone who is suffering from a painful, terminal illness or is comatose to die painlessly. The word â€Å"euthanasia† is made up of two Greek words—â€Å"eu† means good and â€Å"thanatos† means death. Thus, the word â€Å"euthanasia† translates to â€Å"a good death.† The concept of euthanasia has been around since the 14th century. Even then, it caused much controversy among physicians, lawyers, sociologists and psychologists, making it one of the most complex problems of the modern