Psychological Contracts The WritePass Journal

Psychological Contracts Introduction Psychological Contracts IntroductionComparison of Classic Modern Psychological ContractsReferenceRelated Introduction Psychological contracts can be defined as the informal and unwritten agreement between organisations and employees (Conway et al, 2005). An improvement in the general level of education and literacy rates has resulted in a shift from informal to formal contracts (Cullinane Dundon, 2006). The term psychological contract can be used to describe a combination of mutual beliefs and informal obligations that exist between an employee and an employer. It is quite different to written contracts that are more formal and acceptable in the court of law for the fact that they are printed on paper and can be reviewed by third parties. A growth in the volume of commercial activities made it difficult for early organisations to come up with tailor made contracts for each individual employee (Coyle†Shapiro Shore, 2007). This led to the proliferation of trade unions which sought to protect the interests of employees. Meanwhile the concept of psychological contract owes its origin to the huma n resource management (HRM) field and it has become an important concept in the practice of human resource management. This is because although employees sign contracts today, both the employer and employees have expectations outside the formal contracts which govern their relationships. For instance, when an employee loses a close one, many employers will make an effort to attend the funeral or even offer a cheque to support the individual to meet the funeral costs especially for deceased immediate family members. This gesture is not included in the formal contracts. Although there has been a major shift from psychological to formal contracts, psychological contracts continue to exist in HRM today. Psychological contracts change over time considering the fact that the needs and expectations of employees and their organisations also change over time (Conway et al, 2005). When an employee starts working after graduating from the university, his or her expectations are different. When the employee has worked for more than two years, their expectations become different and needs change. More elderly employees are concerned about retirement planning after their career. The younger employees who are still single would pay less attention to retirement issues and focus on themselves. Many young married women prefer jobs that will make it possible for them to take care of their kids. This is because they consider their career and family needs before accepting a job offer. In this respect, the psychological contract continues to evolve from one generation of employees to another, as each generation has a different priority (Wellin, 2007). In a like manner, organisational expectations fro m employees differ over time. When an organisation begins, it has different expectations from its employees. For the most part, many young organisations are eager about growth. They expect the employees to put in their very best to ensure that the organisation grows. However, as time goes by, the organisations needs begin to change. After having achieved growth, the organisation becomes concerned about consolidating its market position. During these changing times, the organisation’s expectations also evolve. Although psychological contracts are not legally binding, and are not included on paper, they continue to exist today and help to moderate the relationship between employers and employees (Truss et al, 2006). Psychological contracts are deeply rooted in organisational culture and beliefs (Cullinane Dundon, 2006). Once an organisation develops its culture, employees quickly identify the informal expectations of the organisation. On the other hand, employee associations s uch as trade unions and other labour movements also pass on information on employee expectations. Sometimes, this is manifested through strike actions and other activities that allow employers to understand the expectations of their employees. Changes in psychological contracts have continued to take place over the years. According to Rousseau (1995) three distinct eras can be identified in the evolution of psychological contracts. These three stages include the emerging phase, bureaucratic phase and the adhocracy phase (Rousseau, 1995). The emerging phase took place in the 18th Century in the beginning of the industrial revolution. It was characterised by a centralised workplace with powerful managers who exercised high levels of control over employees. Royal Doulton and Twinnings are two UK organisations that have survived the era till this present day. The bureaucratic phase began in the 1930s in top companies such as Ford. During this period, companies took care of loyal servants and were returned with lifetime employment (Rousseau, 1995). The psychological contract included loyalty and life time employment. The adhocracy phase, which emerged in the 1990s was led by successful IT businesses such as Apple and the other famous dotcom ventures. The era witnessed the proliferation of global organisations that emphasised the importance of the use of knowledge. These companies operate many different psychological contracts for various groups of employees. Comparison of Classic Modern Psychological Contracts Classic Psychological Contract Modern Psychological Contract The organisation was perceived as ‘father’ to employee that was perceived as ‘child’ Organisation and employees are both considered as ‘adults’ The organisation was the one that defined employees worth and value Employees have the capacity to define both their worth and their value The employers retained loyal workers whom it considered as good New employees flow in and out of the organisation with new innovative ideas Employees who obeyed all instructions were hired for life It is unlikely for the Y generation to work for one organisation for life Employees grew mainly through promotion and upon recommendation from managers Employees can grow through personal development Source: Niehoff, 2011 Considering the fact that the nature of psychological contracts is constantly changing, it is important for both employees and organisation to look for new ways of meeting the expectations of each other (Bunderson, 2000). The Y generation has its own set of expectations when it comes to psychological contracts. The new generation is more educated and spend much time online. For this reason, organisation must also take into account their needs and expectations in order to meet up with the psychological contract. One of the best ways through which companies can do this is by creating an online presence and promoting online interactions to promote the sharing of experiences amongst employees (Conway Briner, 2005). Younger employees prefer to read information online rather than read books that can take much of their time. As such, organisations need to take into account the needs of their employees irrespective of their generation so as to ensure that both sides fulfil their side of the psychological contract (Feldheim, 1999). Ciscos new report dubbed Connected World Technology Report has demonstrated that the younger generation (18-29 age bracket) are more attached to their technology than previously thought (Niehoff, 2011). Many employers are sceptical about recruiting the younger generation because they are more attached to technology than every other thing (Niehoff, 2011). The study confirmed the often vague and baseless claims that associated the Y generation to mobile and cyber technology obsession. According to the study, one in three university students surveyed said Facebook and other technology they invested in were just as valuable as air, water and shelter. Over 26% of respondents said being able to work remotely from home should be a right, and not privilege. Up to 74% of the university students surveyed said they should be able to access their corporate network in the future from their home computers in the future (Niehoff, 2011). This demonstrates the level of attachment the younger generati on places on technology and the virtual world. That notwithstanding, organisations should give the younger generation the opportunity to participate in building their businesses. The fact that they are young and energetic means that they have much to contribute to the growth of these organisations. Besides, online presence is necessary for promoting and marketing businesses these days. It is therefore left to employers to know when and how to hire young people in order to benefit from their capacity to contribute to their growth. In the 2010 survey, three out of five employees believed that the office was not necessary since employees can connect virtually and get work done from home (Niehoff, 2011). In conclusion, psychological contracts have been around for more than a number of centuries. And they are not expected to stop any time soon because organisations and employees will continue to develop non-verbal expectations from each other. Irrespective of the generation of employees that work in a company, management must continue to cater for the expectations of all its employees. This can take any form, such as promoting personal development of employees who have offered their services to the organisation over the years. When organisations hire employees, they outline the tasks which they expect these employees to perform. That notwithstanding, they expect the employees to do much more than what is written on paper. For instance, Apple does not expect its employees to go online and make comments that market Samsung smart phones. This is because they are competitors. Apple expects its employees to promote its services even in their social gatherings and amongst family members. Ho wever, this is not included in the formal employment contract. Reference Bunderson, S. (2000) How work ideologies shape the psychological contracts of professional employees: doctors responses to perceived breach, Journal of Organisational behaviour, Volume: 22, Page: 714-741 Conway, N. and Briner, R. (2005) Understanding psychological contracts at work: a critical evaluation of theory and research. Oxford: Oxford University Press. Conway, Neil Briner, Rob B. (2005) Understanding Psychological Contracts at Work: A Critical Evaluation of Theory and Research. Oxford, UK: Oxford University Press, (2005) Coyle†Shapiro, J. and Shore, L.M. (2007) The employee†organization relationship: where do we go from here? Human Resource Management Review. Vol 17, No 2, June. pp166†179. Cullinane, N. and Dundon, T. (2006) The psychological contract: a critical review. International Journal of Management Reviews. Vol 8, No 2,  Ã‚   pp113†129. Feldheim, M. (1999) Downsizing. Paper presented at the Southeastern Conference of Public Administration, St. Petersburg, FL, October 6–9 Lester, Scott W., Kickul, Jill (2001), Psychological contracts in the 21st century: What employees value most and how well organizations are responding to these expectations, HR. Human Resource Planning, Volume: 24, Issue: 1, Page: 10-21 Lester, Scott W., Turnley, William H., Bloodgood, James M., Bolino, Mark C. (2002), Not seeing eye to eye: differences in supervisor and subordinate perceptions of and attributions for psychological contract breach, Journal of Organizational Behaviour, Volume: 23, Page: 39-56 Niehoff, Brian P., Paul, Robert J. (2011), The just workplace: Developing and maintaining effective psychological contracts, Review of Business, Volume: 22, Issue: 1/2, Page: 5-8 Rousseau, D. M. (1995) Psychological Contracts in Organizations: Understanding Written and Unwritten Agreements. Thousand Oaks, CA: Sage Truss, C., Soane, E. and Edwards, C. (2006) Working life: employee attitudes and engagement 2006. Research report. London: Chartered Institute of Personnel and Development. Wellin, M. (2007) Managing the psychological contract: using the personal deal to increase business performance. Aldershot: Gower.

Books and Blogs About Cultural Appropriation

Books and Blogs About Cultural Appropriation Cultural appropriation is a complicated topic. Although the issue often appears in news headlines when clothing chains such as Urban Outfitters or singers such as Miley Cyrus and Katy Perry face accusations of cultural appropriation, the concept remains difficult for many people to grasp. The most simple definition of cultural appropriation is that it occurs when members of a dominant culture borrow from the cultures of minority groups without their input. Typically those doing the â€Å"borrowing,† or exploiting, lack a contextual understanding of what makes the cultural symbols, art forms and modes of expression significant. Despite their ignorance of the ethnic groups from which they borrow, members of the majority culture have frequently profited from cultural exploitation. Given that cultural appropriation is such a multi-layered issue, a number of books have been written about the trend. Members of marginalized groups have also launched websites specifically devoted to educating the public about cultural appropriation. This overview highlights noteworthy literature and websites about this persistent phenomenon. Cultural Appropriation And The Arts This book by James O. Young uses philosophy as the foundation to examine the â€Å"moral and aesthetic issues to which cultural appropriation gives rise.† Young highlights how white musicians such as Bix Beiderbeck to Eric Clapton have gained from appropriating African-American musical styles. Young also addresses the consequences of cultural appropriation and whether the trend is morally objectionable. Moreover, can appropriation lead to artistic successes? With Conrad G. Brunk, Young also edited a book called the Ethics of Cultural Appropriation. In addition to exploring cultural appropriation in the arts, the book focuses on the practice in archaeology, museums and religion. Who Owns Culture? - Appropriation and Authenticity in American Law Fordham University Law Professor Susan Scafidi asks who owns artforms such as rap music, global fashion and geisha culture, to name a few. Scafidi points out that members of culturally exploited groups typically have little legal recourse when others use their traditional dress, music forms and other practices as inspiration. The book is billed as the first to investigate why the United States offers legal protections for works of literature but not for folklore. Scafidi asks larger questions as well. Specifically, what does cultural appropriation reveal about American culture overall. Is it as innovative as widely thought or the byproduct of â€Å"cultural kleptomania?† Borrowed Power: Essays on Cultural Appropriation This collection of essays edited by Bruce Ziff focuses specifically on Western appropriation of Native American cultures. The book explores the artifacts, symbols and concepts typically targeted for appropriation. A range of people contributed to the book, including Joane Cardinal-Schubert, Lenore Keeshig-Tobias, J. Jorge Klor de Alva, Hartman H. Lomawaima and Lynn S. Teague. Native Appropriations This long-running blog examines representations of Native Americans in popular culture through a critical lens. Adrienne Keene, who is of Cherokee descent, runs the blog. She is pursuing a doctorate in Harvard University’s Graduate School of Education and uses the Native Appropriations blog to examine images of Native Americans in film, fashion, sports and more. Keene also offers tips to the public on combating cultural appropriation of Native peoples and discussing the issue with the person who insists on dressing up as a Native American for Halloween or supporting the use of Native Americans as mascots. Beyond Buckskin The Beyond Buckskin website not only addresses the appropriation of Native American fashion but also features a boutique with jewelry, accessories, clothing and more crafted by Native American designers. â€Å"Inspired by relevant historical and contemporary Native American clothing design and art, Beyond Buckskin promotes cultural appreciation, social relationships, authenticity and creativity,† according to the website. Jessica Metcalfe (Turtle Mountain Chippewa) maintains the website. She has a doctorate in American Indian Studies from the University of Arizona.

The Slowdown of Economic Development in China Essay

The Slowdown of Economic Development in China - Essay Example China for the past decade has seen a specular rise in economic growth. But it has faced many crises like democratic economic bubbles, astronomical debt, and overspending. It is a classic case of history repeating itself. What rises comes down and eventually levels out as the countries progress from crafts, agriculture to manufacturing and finally to service and knowledge economy. As a result, the countryside empties out and it no longer serves as the source of cheap labor. With a rise in fixed investment, the marginal return decline and thus each unit of capital generates less output than the previous ones. This is known as the law of diminishing marginal returns. During the Cultural Revolution in China, the growth dived down from as high as of 19% to below zero. Recent Chinese history reflects the role of the exogenous shocks which is far worse as compared to those of cyclical downturn. Such domestic turmoil is a severe attack on growth. Due to the Cultural Revolution, the growth de clined by eight, followed by seven percentage points. The same case happened during the Tiananmen Square massacre, where the growth dropped to 2.5 percent for two consecutive years (Joffe 1). The two revolutions is a fitting example that the more the state tries to grip, the more vulnerable the economy is to political shocks. Hence the Chinese authorities look at every civic disturbance from the point of view of Tiananmen revolt. They fear that their days are numbered. They have seen that the communist party collapsed overnight in the same year which saw protest at Tiananmen Square. Today everyone may be mesmerized by the awesome growth of China. But they cannot defy their verdict of economic history. No country has escaped from this history. The Western intellectuals have concluded that power may breed growth initially, but in the long run, it fails. The same thing is revealed by the affairs of the nation in the 20th century. A supreme leader of a nation may whip his people to brin g about frenzied industrialization which would normally take decades for democracy to achieve. But it is short lived. Top-down economies may succeed at first but it eventually fails as seen in Soviet case. Any Authoritarian government plants the seeds of their own demise. The system may move mountains through its use of power but eventually, the system is itself hardened like a mountain range becoming stony, immovable and impenetrable. The system tries to empower the vested interest so that they can get privileged access and then resists change since it will pose a mortal threat to their income and status. In such a society, the elites try to acquire as much riches a possible, more than what a free market would grant them. The government favors the organized interest and industries which seek more power so that they can gain subsidies, monopolies, protection, and tax subsidies more than the competitive system would grant them. If a state instead of the market determines the economic outcomes then politics will beat profitability. Building permits, Licenses, anticompetitive regulations, import barriers go to those players which are favored by the state. Such a system is not easily repaired. This is what China is facing now. Today China’s export sector contributes to its maximum earning. Once this ends, the countryside of China will not be able to feed the industrial machine with cheap labor.  

Bilingual Versus Dual Curriculum Instruction Essay

Bilingual Versus Dual Curriculum Instruction - Essay Example The essay "Bilingual Versus Dual Curriculum Instruction" talks about the history of bilingualism in education which can be categorized into four major stages: permissive, restrictive, opportunist and dismissive. Prior to the arrival of the European immigrants, United States was home to a variety of native languages, and after the advent of foreign immigrants into the country, the number of languages spoken within its territory increased to approximately two hundred. Throughout the nineteenth century till the beginning of the First World War, the existence of such diverse languages was commonly assimilated throughout the country. Language diversity was acknowledged as the custom and promoted via religion, print media such as publishing of newspapers in diverse languages, as well as using education as a tool to promote language use. Evidence of such permissive period in the history of bilingual education in the country can be found in the various schools which exist throughout the United States. During the early nineteenth century, the government endeavored to suppress certain indigenous communities such as the Indians, by laying out regressive policies which sought to restrict them to their reservations. Furthermore, several institutions, such as the American Protective Association, were established which strongly encouraged an English-only system of education. The Immigration Restriction Leagues was established during the same period, which aimed at eluding the immigrants from entering the U.S.

Human Heart Essay Example for Free

Human Heart Essay The human heart is by far one of the most vital organs of the body. It has a mass that ranges from 250 grams to 350 grams. Its contraction and expansion results in 2000 gallons of blood being pumped through the body’s blood vessels per day. It’s located in the middle of the chest protected by the ribcage. Its building blocks are a unique type of muscle known as the myocardium, and it’s enclosed by a double-walled membranous sac known as the pericardium. The double-walled membrane houses the pericardial fluid which cushions the heart preventing shock and nourishing it. It’s divided into four chambers and has a large network of arteries and veins. The chambers are known as the atrium and ventricles. A special kind of muscle called the septum divides the right cavity and the left cavity. Normally the expulsion of blood from one cavity would result in a subsequent amount of blood flowing into the adjacent cavity. The left ventricle is the strongest and largest chamber since its tasked with pumping blood to all parts of the body through the aorta. The right cavity of the heart which is composed of the right atria and right ventricle receives deoxygenated blood from all parts of the body and pumps this blood to the lungs for oxygenation (pulmonary circulation). The left cavity composed of the left atria and left ventricle receives the oxygenated blood from the lungs and pumps this blood to all body parts through the aorta (systemic circulation). The heart has four valves that regulate the flow of blood through its chambers. Blood flow from the right atrium to the right ventricle is regulated by the tricuspid valve. The pulmonary valve regulates blood flowing into the pulmonary artery from the right ventricle. Oxygenated blood from the lungs passes through the mitral valve situated between the left atrium and left ventricle. The aortic valve regulates oxygenated blood flow from the left ventricle to the aorta for delivery to the body. One of the greatest threats to the hearts proper functioning and subsequently to a person’s survival is a heart attack. A heart attack occurs when the heart is not able to pump blood effectively due to arteries clogging. Deposition of fatty cells in arteries will lead to their constriction inhibiting the flow of blood leading to a heart attack which is fatal in most cases.

Essay --

Technology and People Technology has created a world of its own covering all the old traditions and machines. This technology has made remarkable changes in the human life by making it more and more comfortable and in other words paralyzing the human body except brain. All over the world, computers and computerized machines are performing the tasks and human are only their users or programmers. Tradeoff is a somehow a term used normally at business level. Its original meaning can be exchange, substitute or transaction. It means that tradeoffs have made many differences in many fields. Now, the manual labor has been exchanged by the computerized systems. And the locomotion was done on or through animals in the past; fashionably designed cars have substituted them. Aero planes, helicopters and large ships now substitute big animals like camels that were used to travel between different countries. So, tradeoff is basically used for substitution of anything, in other words, the substitu tion of manual work into technological work. Here we will discuss the two major technologies that have changed a lot of things and the way of living. Computers (Positive consequences) Computers and computerized technology have brought a revolution in the world. It has made our world a global village by interconnecting all of us together through Internet. There seems to be no difference between America and Asia or Europe and Africa now. Since 1980, a huge variation is seen in the different fields of life. These changes can be identified from daily life activities to big projects. Of course, these new developments have also opened many new ways for people to get into work. For example, we have now laundry systems, home delivery systems, letter writi... ...ch use of labors is left. The work that has been done by 10 workers before can only be handled by a single machine and with perfection. Day by day, new advancements are made thus by making the use of a man more and more less. People can get everything now by Internet or just by making phone call. A truck can take a large amount of material at a time and it can be loaded and unloaded by using lifting machines. Similarly, the planes have made the transportation fast and flawless and the use of labor is also decreased there. Conclusion In end, I would like to say that ‘To gain something is to lose something’, we now have advance life level with lots of comforts but we also have serious health problems that running side by side. But it’s in our hands and we can stop the negative affects if there are given serious thoughts as most important are the humans not machines.

Human Resource Info Systems Essay

Training is a very important part of the human resources department. Training is a big part of human resources for a couple important reasons. Some of the reasons that training is important are: training helps develop optimism in the trainee, more job skills and knowledge are obtain from training, training helps the trainee to feel more comfortable with the employees they will be working with, and training also helps the trainee learn how to be better organized with the activities the job requires from them. If training wasn’t provided for them new employees coming into the work field would be confused when they started working and this could cause them to have low self-esteem and want to give up on their job because of the lack of communication and ability to provide great quality of work. The HRIS I have chosen is training. The training system will provide the new employees with an online training program which will help them train themselves. This training system will consist of a video explaining their job tasks, and certain test that will test their previous knowledge and help the HR manger give every new employee individual training activities after they have been tested. The training program will consist of real life scenarios that will help them figure out how to deal with situations that have occurred before to other employees. I was searching for a couple of vendors and found two of them that caught my attention. One would be Datamaticsinc. http://www. datamaticsinc. com/ Datamatics Management Services, Inc. delivers automated time and attendance software systems and workforce management services that will help Castle Family Restaurant control payroll costs and maximize productivity. These systems improve employee tracking, scheduling, absence management, job costing and labor analytics. And another I had found was trainer active http://www. fenman. co. uk/traineractive/about/index. hp where their massive Training Activity Portal allows them to build their own unique collection of ready-made trainer-laced trinities or tailor their own training programmer, supposedly saving up to 80% of the course preparation time. Now looking at both of these I decided to choose the first one which is Datamaticsinc because they provide a way better software in my opinion. Since I’m planning to have on person in charge of one of each restaurant I will need to train that person. Training has a big impact on a company. I believe that Castle Family Restaurant will benefit from having this training online system. Jay Morgan is having trouble running all restaurant locations. Jay Morgan is trying to reduce as much traveling to each restaurant location as possible and having this online training system will his employees to get train well for each restaurant location. This program will give employees the skills to better run the restaurant and have more knowledge of the tasks needed from them and will also help Jay Morgan conserve time and decrease each Castle Family Restaurant location.

Anthem by Ayn Rand

To be in full control of a man, dictators must not only enslave his body, but also destroy his mind. A man’s mind and the knowledge that a man has is his most powerful weapon. By depleting the mind of knowledge, a man cannot be in control of his own self and therefore is more easily conquered. In Anthem by Ayn Rand, the leaders and society in her book seek to accomplish control by choosing the jobs for the people, keeping the word â€Å"I† unknown, and maintaining a sense of unity from birth. In Anthem the leaders of the society in the novel, the High Council, examine the students and based upon their observations, give the students their jobs accordingly. In Anthem’s society, students are given jobs not to who will fulfill them the best, but based on how intellectual the student is. A smart and eager student such as Equality 7-2521, the protagonist in the story, receives a job that will dull his brain. Equality 7- 2521 is given the job of a street sweeper; he is extremely smart and the council recognized what he is capable of. The High Council gives the more important jobs, such as Scholar, to the students who are unintelligent so that the High Council can more easily control them. By destroying the smart student’s mind, the council can control them and cause them to become more unintelligent. To have complete control over the society in Anthem, the High Council keeps the word â€Å"I† unknown. By keeping this word unknown, the High Council is not only causing the society to think of themselves as one, but they are also causing the people to fear what is outside their world. Each person believes that without each other, nothing is possible and that thought instills fear into the society’s mind. By implanting fear into the minds of the people, they are afraid of what would happen if something in society were to not be the norm. The society, together as a whole, rejects anything that violates their comfort level and they destroy it. We see this happen when Equality 7-2521 goes to the World Council and presents to them his inventions, electricity and the light bulb. The World Council decides that since this invention was created by one person and not a group of people that it would ruin their society and they threaten to kill Equality 7-2521 and obliterate his inventions. By maintaining unity from birth, the dictators and society in Anthem create a sense of constant longing for another person; this leads to the fear of being alone. Each year, the new group of babies born go into the Home of Infants, then they are transferred into the Home of Students and then are given their jobs. Because each person believes that he cannot live alone, it keeps the society together. Equality 7-2521 spent time alone while he was experimenting so he realizes that man can accomplish things alone. The people in the society are dependent on each other to create a sense of security. Without that dependence, the society would split apart and each person would do how he wishes. Just as a man’s knowledge is his greatest power, it is also his greatest enemy. In Anthem by Ayn Rand, the society is ridded of knowledge and that is what causes the leaders to have total control over the people. They accomplish control by choosing the jobs for the people, keeping the word â€Å"I† unknown and maintaining a sense of unity from birth. By doing these things they not only enslave the bodies of the people, but also destroy their minds.

Free Essays on E-Business

E-Business Comparison In today’s market there are many selections for the consumer. Not only do you have your traditional retail outlets but also now a person can shop form the comfort of their own home on the Internet. Most every company has some sort of Internet site; some just with corporate information but most sell their product directly on the Internet. There are two types of Internet retailers, Click and Brick, which is a company that has both Internet and Retail stores, and Click and Click, which is a retailer that sells solely on the Internet. Both types of companies can be very successful and the following is a compare and contrast of both. An example of a Click and Brick company is Hat World. Hat World is a retail outlet that specializes in sports headwear. They are the largest mall chain in the United States with 420 stores. Hat World grew to these numbers in less than 10 years so it can be said that they are a successful retail company. However the retail stores were only scratching the surface of the business that Hat World had waiting for them on the Internet. Hat World.com has been another overwhelming success for Hat World’s business. Now customers can shop for their favorite sports team’s hat without even leaving the comfort of their own home or they can stop by Hat World at their favorite mall. Hat World can sell their product at any time of the day to many more customers than their 420 stores can reach. Their online shopping also adds another dimension and that is the ability to return items purchased online to the retail store in the mall. The convenience of shopping at Hat World is ou tstanding. It seems that Hat World could possibly move to a complete on-line retailer and save the expenses of operating a retail facility. However, they could lose not only the convenience factor but also the recognition of millions of Americans walking past your store on a daily basis. It would be very hard t... Free Essays on E-Business Free Essays on E-Business E-Business Comparison In today’s market there are many selections for the consumer. Not only do you have your traditional retail outlets but also now a person can shop form the comfort of their own home on the Internet. Most every company has some sort of Internet site; some just with corporate information but most sell their product directly on the Internet. There are two types of Internet retailers, Click and Brick, which is a company that has both Internet and Retail stores, and Click and Click, which is a retailer that sells solely on the Internet. Both types of companies can be very successful and the following is a compare and contrast of both. An example of a Click and Brick company is Hat World. Hat World is a retail outlet that specializes in sports headwear. They are the largest mall chain in the United States with 420 stores. Hat World grew to these numbers in less than 10 years so it can be said that they are a successful retail company. However the retail stores were only scratching the surface of the business that Hat World had waiting for them on the Internet. Hat World.com has been another overwhelming success for Hat World’s business. Now customers can shop for their favorite sports team’s hat without even leaving the comfort of their own home or they can stop by Hat World at their favorite mall. Hat World can sell their product at any time of the day to many more customers than their 420 stores can reach. Their online shopping also adds another dimension and that is the ability to return items purchased online to the retail store in the mall. The convenience of shopping at Hat World is ou tstanding. It seems that Hat World could possibly move to a complete on-line retailer and save the expenses of operating a retail facility. However, they could lose not only the convenience factor but also the recognition of millions of Americans walking past your store on a daily basis. It would be very hard t...

Enrollment to the Freelance Writing Course Closes Today

Enrollment to the Freelance Writing Course Closes Today Enrollment to the Freelance Writing Course Closes Today Enrollment to the Freelance Writing Course Closes Today By Daniel Scocco Today is your last chance to join the DWT Freelance Writing Course. Enrollment will remain open until midnight (GMT). The next edition of the course will take place only in mid-2013. Below, you’ll find what some of the past students had to say about the course: â€Å"What you supplied has far exceeded my expectations, both in content and value for money. I congratulate you on a job well done.† (Margaret Huggins, Australia) â€Å"I just wanted to let you know how much I enjoyed the online course. I have been researching content on how to establish a freelance writing career since earlier this year and your course provided information that I just haven’t been able to find anywhere else. Thanks for taking the time to develop this in a straightforward and manageable fashion.† (Yvonne Smith, United States) If youve been writing for a while as a hobby, this course will teach you the steps needed to take it further, into running your own business. With Alis writing skills and Daniels business acumen, youre really learning from people who have experience. The bonuses and private forum alone are worth the cost. (Rhys Winne, England) We also offer a 60-day money-back guarantee: If you are on the fence about joining, feel free to enroll and take the whole course. If, after that, you decide it was not what you were looking for, simply email us, and we’ll refund your money on the same day. Click here to visit the course page where you can enroll and check all the details, including the course structure, price and bonuses. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Freelance Writing category, check our popular posts, or choose a related post below:7 English Grammar Rules You Should KnowHow to spell "in lieu of"One Scissor?

How the UK Prime Minister should implement the fiscal policy at the Essay

How the UK Prime Minister should implement the fiscal policy at the time of recession - Essay Example Fiscal policy can be used to curb economy shocks such as recession. This paper is a critique of how the prime minister of UK can implement fiscal policy at the time of recession and the economic consequences of the policy. The government can decide to use taxation to regulate the economy by introducing tax incentives or increasing taxation to finance investments. An increase in income tax decreases the net income of individuals. This has the effect of lowering labour productivity as workers do not want to work more hours since they are demotivated.Others may decide to work more hours in order to cover the raise in tax .On the other hand, lowering the starting rate of income tax leads to increased labour productivity and efficiency and also labour supply hence decreasing the level of unemployment and increasing economic growth (Creel & Sawyer, 2009). Indirect taxes have the effect of increasing or lowering demand for goods and services. An indirect tax on goods such as duty leads to increase in its price and consequently decrease in demand and vice versa. On the other hand, if the government decides to give tax incentives to producers, this will decrease the cost of production and consequently the price of the products. As Barrell (2004) notes, reduction in prices has direct impact of increasing demand for the commodity hence increased economic activities. Taxation is also a tool for attracting domestic and foreign investments. If a government wants to attract investments, it reduces corporation taxes as well as business taxes. This in turn encourages fixed capital investments by businesses in terms of new machines, technology advancement, developing workers skills as well as developing infrastructure hence more economic development (Creel & Sawyer, 2009). Government also can give tax allowance on research and development and consequently more businesses are set up creating more employment and increasing