This course has helped me acquire vital management knowledge and skills that give me confidence to be a great manager. To me, management is the process of reaching organizational goals by working with people and other resources at their disposal. Therefore, as an effective manager, my primary task is to oversee and guide the reaching of these organizations or group goals utilizing available resources instead of using the resources. The management knowledge and skills that have enhanced my prospects of becoming a good manager who performs are the core principles of management.
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According to Minsky, the major cause of the financial crisis is the non-government sector, hence the need for government regulation of financial institutions. Therefore, he identified three types of borrowers: hedge, Ponzi and speculative. The hedge finance borrower repays the loans (debt) using the investment's current assets (current cash flow). (more…)
Keynesians have the belief that, since prices are rigid, fluctuations in government expenditures, investment or consumption lead to fluctuation of the output. Keynesians include multiplier effect in their argument although the multiplier can’t exceed 1.0 but should be exceeding zero. Keynesians also believe that price especially wages react very slowly to the changes in demand and supply leading to surpluses and shortages mostly of labor. This is accepted by many prominent monetarists.
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The term diversity bears several definitions. Generally, it refers to acknowledging, understanding, accepting, valuing and celebrating the differences among people concerning age, class, ethnicity, race, physical and mental ability, sexual orientation, gender, public assistance status and spiritual practice. Issues related to diversity are currently considered important due to the increasing demographic characteristics of the United States population. (more…)
Sample Essay
In 1942, Americans introduced the Middle East supply center, which aimed at supplying the region with infrastructural developments such as roads, factories, ports, airport, and food. It is during this post war period that the state of Israel was born (24).
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Negotiation can be termed as making decisions jointly between parties with different views (Schermerhorn, Hunt, & Osborn, 2003). Individuals, business entities, and government institutions engage themselves in negotiation s from time to time while trying to resolve any unresolved matter.
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Sample Essay - Different People Respond Differently
Different people respond differently in negotiations depending on their personality. For instance, we have the accommodating personality. Negotiators with this kind of personality tend to be too sensitive to the needs of the other negotiators, something that can be taken advantage of by the other negotiating team. We also have the negotiation avoiding character.
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Outsourcing facilitates business venture to focus on core business. For instance, when a firm does not outsource it has to focus on many areas like security, delivery, and logistics among others. This can be a distraction to the major business role especially when budgetary allocations are being made. Therefore, when a firm outsources some of these services they can better focus on where they have the most competitive advantage.
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Business restructuring is not a new phenomenon; it has been used by various business practitioners to boost performance in the past. An inconclusive body of literature gives further evidence on this issue. For instance, Opler T. et al. (1996) report that in the US alone, from 1976 to 1990, there were 35,000 corporate restructurings with a total market value of $2.6 trillion.
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The mortgage industry in the United States of America and other parts of the world is very complex. Different regions would most likely have relatively different stakeholders in the industry (Steven, 2010). However, despite the rifts and differences in the categories and personalities making up the mortgage industry stakeholders, it is very important that proper planning is done to ensure that all sorts of investments lead to faster and more efficient market transformation. (more…)