The Controversial Issues Of Young People Using Internet...

Nowadays, technologies of internet and mobile media has been widely used. The consequences of them on young people are powerful, however it has been an argumentative issue throughout years as the impacts contain both positive and negative sides. Based on the data from American life Project, there is an increasing rate of young people using smartphones and online social networking site such as Facebook, Twitter. This essay focuses on the controversial issues of young people using internet and communication technologies, whether this should be concerned or not. The misuse of internet by young people will certainly causes problems, however research shown that internet is becoming a part of daily life for them and they should be educated rather than prohibiting them from using online technologies. Moreover, different critical ideas about young people using internet technology will be discussed, with the support of different researches and the film ‘The Social Network’. It i s believed that the use of online and mobile media technologies by teenagers should be a concern because it has risks which impact on adolescents’ minds and behaviours adversely. First, the most important concern is moral panic, followed by cyberbullying and online harassment, less face to face communications, addictive to online social networking and privacy issues also happen when online technologies are used widely but not wisely. Firstly, moral panic refers to the adverse social and illegalShow MoreRelatedThe Overuse of Technology in Our Daily Life Essay1452 Words   |  6 Pagesof negative answers, and of course if we ask this question in a survey, â€Å"NO† will be the winner of this survey. Talking about the use of technology reminded me one of the sources from my annotated bibliography by Amy Petersen, who is the Theatre and Media Arts Department Chair and Associate Professor in the College of Fine Arts and Communications at Brigham Young University. In her article which she wrote about the overuse of tech in our daily life and its affects, she said â€Å"If you would have toldRead More Pornography on the Internet Essay1710 Words   |  7 PagesPornography on the Internet The Internet is a method of communication and a source of information that is becoming popular among those who are interested in the information superhighway. The problem with this world we know as Cyberspace, the ‘Net, or the Web is that some of this information, including pornographical material and hate literature, is being accessible to minors. Did you know that 83.5% of the images available on the Internet are pornographical? Did you know that the Internet’sRead MoreMass Media Communication1719 Words   |  7 Pagesprint media, like newspapers and magazines. Internet media can also attain mass media status, and many media outlets maintain a web presence to take advantage of the ready availability of Internet in many regions of the world. 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Business Ethics And Social Responsibility - 879 Words

Business Ethics and Social Responsibility During this short summer class, I have understood more than I ever could have done before. Not only because the study of ethics is crucial, but also because being socially responsible is part of being ethical. Among the most important assignments required from this course are: Journals, discussion boards, social project, and the lectures. However, the first group collaboration was our own code of ethics; from there, students were required to follow it as part of the course. Once our instructor processed all the information provided, she decided to post it, and I would like to share the ones I like the most: †¢ I will be aware of deadlines and start early enough to allow time for questions to be asked and answered before assignments are due (because there is no excuse for ignorance). †¢ I will read carefully and refrain from rushing to judgment (the J word is so powerful that sometimes we judge before gathering the facts). †¢ Students will be expected to maintain a high level of honesty and transparency through this class. It is expected that this same level of honesty will be carried throughout the college career (and I would add â€Å"to the rest of my life†). Although every institution should carry a code of conduct or ethics, companies like Enron challenged its own code to become one of the most notorious cases of corruption, greed, and, conflict of interest. According to the textbook, ethics is simply defined as â€Å"how† humans shouldShow MoreRelatedSocial Responsibility And Business Ethics Essay1470 Words   |  6 Pagesrole of social responsibility in business organizations and society. This paper will compare similarities and differences between Cohen’s perspective on social responsibility to the social responsibility and business ethics theories of Drucker and Milton Friedman. Furthermore, this paper will provide a frame of reference on corporate social responsibility and business ethics presented in other research. 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It generally means business have to do something good for the community, making social contribution, and using effectivelyRead MoreCorporate Social Responsibility And Business Ethics8391 Words   |  34 Pages CORPORATE SOCIAL RESPONSIBILITY AND BUSINESS ETHICS Final Project Report for Legal Aspects of Management Submitted To Prof. Dr. D.S. Sengar Professor, IIM Lucknow Submitted By Group 9 Abhinav Bansal, PGP31186 Chheda Adarsh Jayesh, PGP31199 Manideep Akarapu, PGP31213 Ritika Srivastava, PGP31226 Surbhi Aggarwal, PGP31239 â€Æ' Table of Contents Executive Summary 3 Acknowledgement 4 Business Ethics 5 Corporate Social Responsibilty 7 CSR Law 7 Crisis Management CSR 10

Challenges of hr prospects free essay sample

Abstract Human resource element works towards the Vision, Mission and Goals of an organization. The three roles of HRM in any organization are transactional, transformational, and transitional. The challenges faced by human resource managers in India are naturally evolving with the ever-transforming scenario in corporate India. Some of the major challenges which HR faces in India today are discussed hereunder. Key words: Challenges, Human Resource, Talent, changes. Introduction Human resources are the life blood of an organization. Despite the application of technology in modern business management, human resources are still relevant and most adaptive resources of the organization. The essential attribute of HR assist the enterprise to make rightful decisions and respond effectively to the threats and opportunities within the environment of the organization. Thus the enterprise depends highly on its HR for success and survival. The management of HR is complex and problematic because the individuals as workers hardly adapt or voluntarily embrace the objectives of the organization. As individuals, the employees have needs, aspirations, motivations, desires and interests which influence their behaviour at work. Human Resources Management and Planning are useful tools employed in harmonizing the needs of the employees with the goals and objectives of the organization on a continuous basis. The Challenges of Human Resource Management in a Globalised Economy The competitive pressures faced by the modern day enterprise for survival and success due to globalization and liberalization will continue to create room for future demand for organisational excellence. The new, global, complex, and often chaotic world of the Multi- national Enterprises requires a new strategic focus and new capabilities from HR just as it does from other management functions. Today’s top 10 Human Resource Management Challenges Due to the fluctuating economy as well as local and global advancements, there are many changes occurring rapidly that affect HR in a wide range of issues. In the Survey of Global HR Challenges: Yesterday, Today and Tomorrow, disclosed the following top 10 human resource management challenges: Challenges % of Companies 1. Change management 48% 2. Leadership development 35% 3. HR effectiveness measurement 27% 4. Organizational effectiveness 25% 5. Compensation 24% 6. Staffing: Recruitment and availability of skilled local labor 24% 7. Succession planning 20% 8. Learning and development 19% 9. Staffing: Retention 16% 10. Benefits costs: Health welfare 13% Facing Modern HR Challenges Head on: The proliferation of technology and changes in the business environment have increased the importance of human resources in the modern world. The major challenges facing human resources arise from this elevation of human resource activities to a core strategic function. Managing Globalization It is important for an HR Manager to study people management practices before implementing new practices which are global in nature. It has become a challenge for the HR to educate its workforce on how globalization can be leveraged and how an individual employee benefits or is affected by it. Instead of thrusting new practices upon them, it is ideal to study the existing practices which are in place. Developing Leadership Skills It is not just about knowledge, experience and expertise it is also about developing the right soft skills to give shape to the future leaders. Since the global economic and industrial scenario is very volatile and dynamic, what is required now is a skill set in the workforce which distinguishes them as team leaders. Finding and Retaining Talent The primary challenge facing human resource is to have the right people ready at the right time at the right place. The human resources of an enterprise, hitherto considered as just another resource such as land or capital, are now the key differentiator among firms, and as such the most critical source of competitive advantage. The increased competitiveness among firms ensures that finding new ways to increase the level of talent in the organization remains the key challenge facing human resources. Retaining existing talent is easier than hiring new employees. Possible interventions include custom-made compensation packages and fringe benefits, job enrichment, autonomy, better working conditions, and more. Ensuring Employee FIT Ways to ensure employee-organization fit include selecting employees based on the ability to do the job hiring employees who value teamwork and who can work with other employees hiring employees whose personal values and outlook match organizational values and culture Firms have 7. 5 percent higher revenue growth, 6. 1 percent higher profit growth, and 17. 1 percent lower turnover compared to firms that do not adopt this strategy. Ensuring Employee Competence The dimensions of HR challenges in this regard include: Understanding the employee’s innate skills and competencies and providing employees with opportunities to apply these skills for the benefit of the organization Skill enhancement of the workforce to promote adaptability, resilience, and agility Adopting a market driven approach. Adopting a Bottom -Line Oriented Approach Another major challenge facing human resources is to integrate its functional activities with the company’s strategic goals. This entails taking a bottom-line oriented approach while making decisions or framing policy. The key role of human resources in overcoming such challenge includes: Devising and implementing various motivational approaches, heralding a shift from performance-oriented pay to results-oriented remuneration or gain-sharing. Changing employee mindset from a process-oriented approach to a customer-oriented approach. Initiatives such as Total Quality Management, Six Sigma, and the like play a major role in this regard. Managing Diversity Managing diversity ranks among the most underestimated challenges confronting human resource. The dimensions of workplace diversity include age, ethnicity, gender, physical abilities, race, sexual orientation, educational background, geographic location, income, marital status, religious beliefs, parental status, and experience. A key challenge facing human resources is to manage and retain such diverse talent. The dimensions of workforce diversity challenge include: Reconciling the corporate culture to accommodate diversity and individual sensitivities Thinking globally and acting locally, by being responsive to the culture of the region, adapting to the societal requirements of host societies, and complying with local labor legislations. Managing Change Change is the only constant in today’s business environment, forcing organizations to keep pace with such changes constantly and rapidly to exploit new opportunities. Change takes the shape of organizational restructuring, mergers and acquisitions, right sizing, implementing outsourcing, providing telecommuting opportunities for employees, and the like. Focused change intervention increases productivity, improves organizational communications, improves process efficiency, improve quality, and raises employee morale. The challenges related to change for human resource management include: Helping employees overcome resistance to change by convincing them about the bigger picture Provide leadership for the change processes Ensuring stability of systems and processes during the change process Equipping employees to deal with the changed realities. Conclusion The role of the HR manager must parallel the needs of the changing organization. Successful organizations are becoming more adaptable, resilient, quick to change directions, and customer-centered. Within this environment, the HR professional must learn how to manage effectively through planning, organizing, leading and controlling the human resource and be knowledgeable of emerging trends in training and employee development. References

Oligopoly

Oligopoly is a type of market structure that has few companies but with huge capital bases. ‘Few firms’ in this case are taken to mean that the activities of one firm are largely influenced by the activities of the rest of the firms in the industry. In other words, interdependence is eminent. Should one firm, for instance, decide to change the price or make any other fundamental decision, others will follow suit.Advertising We will write a custom research paper sample on Oligopoly specifically for you for only $16.05 $11/page Learn More Such examples would include the print media such as the Newspaper Industry. All companies would decide to charge same prices not because of their individual choices but because of the demands of the market. Readership (sales) in this case will depend on factors other than the price, such as the efficiency of distribution channels (accessibility), quality of the content, subscription and publicity. These facto rs are popular referred to as non- price aspects of competition. Cost Revenue Equilibrium in Oligopoly Any rational firm in an oligopolistic market cannot increase the price above P because it knows very well (perfect knowledge) that it would be pricing itself out of the market, since other firms in the industry will most probably keep their prices stable at P and therefore having a high relative demand. The objective demand is represented by d2. K is not attainable since an increase in price by an individual firm above P will lead to a fall in the quantity demanded, taken from the demand curve D1 K. Again, the price cannot be reduced below P since each firm knows well in advance that any such move would be followed by the rest of the firms in the industry with a view to maintaining their market shares. Thus, the subjective demand Kd1 cannot be individually taken as an advantage because of the tendency for simultaneous pricing decisions. Therefore, there is a high tendency for pric es to remain rigid at P, with the relevant market demand curve being D1 D2 with a kink at point K. The high degree of substitutability of oligopoly products makes the demand for products to be highly price elastic. Oligopoly in the market describes a situation in which firms are price makers. Product differentiation and supernormal profits are earned both in the short run and long run. Because sellers are few, the decisions of sellers are mutually inter-dependent and they cannot ignore each other because the actions of one will affect others (Kreps, 1990).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Pricing and Output Decisions of the Firm The price and the output shall depend on whether the firm operates in either pure oligopoly or differentiated oligopoly. Oligopoly market normally differentiates its products. But this differentiation might either be weak or strong. Pure olig opoly describes the situation where differentiation of the product is weak. Pricing and output in pure oligopoly can be collusive or non-collusive. Collusive oligopoly refers to a situation where there is co-operation among the sellers that is, co-ordination of prices. Collusion can be Formal or Informal. Formal collusive oligopoly refers to a situation where firms come together to protect their interests for instance, cartels such as OPEC. In this case, members enter into a formal agreement by which the market is shared among them. The single decision maker will set the market price and the quantity offered for sale in the industry. There is a central agency which sets the price. The maximized joint profits are distributed among firms based on an agreed formula. Informal collusive oligopoly can arise mainly because of two reasons. One of them is when the cartel may be weak or unable because of legal requirements or some may be some firms do not want to enter into an agreement or lo se their freedom of action completely. Firms may find it mutually beneficial for them not to engage in price competition. When a cartel does not exist then firms will collude by covert gentlemanly agreement or by spontaneous co-ordination designed to avoid the effects of price war. One such means by which firms can agree is by price leadership. One firm sets the price and others follow with or without understanding (Vives, 1999). When this policy is adopted, firms enter into a tacit market-sharing agreement. Price Leadership There are two types of price leadership. One of them is referred to as the by a low-cost firm pricing model. When there is a conflict of interests among Oligopolists arising from cost differentials, the firms can explicitly or implicitly agree on how to share the market in which the low-cost firm sets the price. We can assume that the low cost firm takes the biggest share of the market. Another price leadership model is referred to as the price leadership by a l arge firm. Some Oligopoly markets consist of one large firm and a number of smaller ones. In this case, the larger firm sets the price and allows the smaller firms to sell at that price and then supplies the rest of the quantity.Advertising We will write a custom research paper sample on Oligopoly specifically for you for only $16.05 $11/page Learn More Each smaller firm behaves as if in a purely competitive market where price is given and each firm sells without affecting the price because each will sell. The formula can be given as follows. MC = P = MR = AR Non-collusive oligopoly on the other hand operates in the absence of collusion and in a situation of great uncertainty. In this case, if one firm raises prices, it is likely to lose a substantial proportion of customers to its rivals. They will not raise the prices because they have the interests of charging a price that is lower than that of their rivals. If the firm lowers the price, it would att ract a large proportion of customers. The other firms are likely to retaliate by lowering their prices, either to the same extent or a large extent. The first firm will retaliate by lowering the price even further. As firms would always expect a counter-strategy from rivals, each firm prices and makes decisions that are tactical. This would then lead to a price war. If it goes on, there would come a time when the prices are so low that if one firm lowers the price, the consumers will see no point in changing from their traditional suppliers. Thus, the demand for the product of the individual firm would start by being elastic and it would end by being inelastic. The demand curve for the product of the individual firm thus consists of two parts, the elastic part and the inelastic part. It is said to be â€Å"kinked’ demand curve, as shown below (Samuelson, Marks 2003). Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More If the firm is on the inelastic part and it raises the price, others will not follow suit. But on this part, prices are so low that it is likely to retain most of its customers. If it raises the prices beyond the kink, it would lose most of its customers to rivals. Hence, the price p will lose most of its customers to rivals. Hence the price p will be the stable price because above it, prices would be unstable. Rising prices means substantial loss of customers and lowering prices may lead to price war. Below p, prices would be considered too low. References Kreps, D. (1990). A Course in Microeconomic Theory. Princeton: Princeton Press. Samuelson, W., Marks, S. (2003). Managerial Economics page (4th ed). New York: Wiley. Vives, X. (1999). Oligopoly pricing. Cambridge, MA: MIT Press. This research paper on Oligopoly was written and submitted by user Bridget Warren to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.