Week 2 assignment Essay Example | Topics and Well Written Essays - 500 words

Week 2 assignment - Essay Example Each of these perspectives and corresponding strategies has their advantages and disadvantages; one approach reinforces individual attributes at the expense of group identity, while the other approach upholds group adherence at the expense of individual identity. The choice of one or the other approach will suit particular businesses, a decision which will rely on the manager’s understanding of his organization and perceptiveness of human nature. The report by Plaut, Thomas and Goren (2009) sought to determine the impact of diversity efforts from two positions – that of the cultural majority (i.e., Whites), and that of minorities. The study showed that multiculturalism on the part of Whites enhanced engagement among minorities, while minimization of differences (i.e., color blindness) among the majority intensified feelings of bias among minorities. I favor multiculturalism rather than color-blindness, because it assures the minority individual of acceptance of his individuality and uniqueness, maintaining his/her cultural identity and according him/her the respect and dignity due as an equal. It further preserves cultures that may otherwise pass on to obscurity, enriching the cultural fabric of the pluralist society. This plurality is more difficult to apply in other target aspects of diversity such as gender equality. An example is the case of women contending for promotion and equal compensation in traditionally ma le-dominated businesses (e.g. sports, technological, construction and other heavy industries) (Burke, 2009), and the specifically female dilemma of work-home interference (Beauregard, 2009). Two perspectives are identified by Rink and Ellemers (2011): the information decision-making perspective, and the social identity/self-categorization perspective. The former maintains that demographic differences produce greater value in

Post-Modernist Architecture Coursework Example | Topics and Well Written Essays - 10000 words

Post-Modernist Architecture - Coursework Example In postmodern period, which is inherently marked by capitalistic symbolism of faade -the media is speaking in the background of the architecture A very genuine question emerges which requires an investigation; has faade become architecture or does the architecture become faade. The marriage of facade and architecture to target new consumerism is outstanding phenomenon of the new age and new culture. Chapter 1: Post-Modernist Approach to Architecture and Advertising: The post modernism is marked by strong cultural change which is reflected in the collective practices in the art, architecture, society, politics, ethics and the connectivity. It is a notion of more global expression which desires for quick attention and immediate results. The impact of post modernism is global as it's impact is seen and felt not just on one section of society rather the force of impact is felt on a much wider range including aesthetics and other dimensions of societies manifested in global sphere. " "Postmodern architecture" referred to a movement, emerging in the 1950s, that reacted against modem architecture, reasserting the importance of decoration, ornament, and expression against the prevailing taste for austere functionalism in capitalistic society"(Carrol, 1997) Architecture as an art form is very closely connected with consumerism, which is a vital force which stirs the momentum of the medi a in the present age of active field which has emerged as media architecture. The marriage of media and architecture has been the reflection of the changing society in the last few decades. The force of consumerism is very powerful, in organizing the momentum of architectural expression in the form of construction of buildings. In the present post modern phase of artistic expression 'high art architecture' has the power to make a bold statement to the world and in many ways can be said to have become a 'consumerist commodity itself'. Architecture has become faade in the light of modern consumerism and powerful influence of capitalism. The manipulative power of such consumerism in the current era is seen to overpower the artistic aspect of the building and the architecture. The new age architecture is not just a reminder of the classic and artistic feature of the olden times but are largely influenced by the images and displays provided in their background for public at large. The pr oduction of buildings is largely result of such consumerism; and they vary from dynamic structure like Time Square in New York and Allianz Arena in Germany to shopping malls which have the power to attract consumers and serve as a catch. The present day architecture has become as faade, which speaks through images and displays with the objective to communicate with the public and aim at certain impact to promote and stimulate consumerism. The role of the new postmodern phenomena, the increasing rise of capitalism and the dynamic introduction of the consumerism in the backdrop of architectural aesthetic which is dazzled by the illumination lights, messages and giant screens is aimed to hypnotize the consumer into action. The objective is purely commercial and economic and the outcome is a genre which buys into irrational urges overpowered by the faade, shinning and dazzling high above as a form of art to

Agency Theory and Corporate Governance Essay Example | Topics and Well Written Essays - 2000 words

Agency Theory and Corporate Governance - Essay Example This interaction between the shareholders, committee members and the board of directors are help in order to improve the performance of the company. In 1997, Malaysian corporate governance mechanism was strengthened and reformed and resulted in the establishment of the Malaysian Code on Corporate Governance (MCCG) in 2000. The impact of this study was unsatisfactory and the failures of almost 176 Malaysian companies persisted from 2004 to 2006 (Journal of American Academy of Business, Cambridge, 125). Corporate Governance also affects the cash flow or cash holdings in companies. Businesses which possess a complex nature should consider the needs and financial requirements of the firms. There are several firms who totally rely upon CEO duality. Studies revealed, that the corporations, who are under the category of independent leadership consistently performed better than the companies dependant upon CEO duality. According to the perspective prediction increment in proxy access and red uction is executive pay results in fair value (Journal of Business Research, 757). The contribution Agency Theory in a Multinational company is vast and definitely value-maximizing. It covers the aspects such as international joint ventures, internationalization, new forms of global business groups and headquarters-subsidiary relationships. Many researches suggested that apart from the prevailing concept of Agency Theory in almost all the corporations we also need to focus and investigate regarding different key corporate governance mechanism. This will help in improving the company strategies and its outcome. The areas that needs to be investigates are the work of board of directors, the nature and the role of governing owner, the role of the market for corporate control, remuneration of the company executives and also the division of the CEOs and board of directors. (The Journal of Management Studies, 471) The corporate world both has honest and fraud people in it. It has been pro ved that the concept of corporate governance can help people who does the right thing but unaware about the right way ahead. The revised code is definitely proved to be a steady step to raise the corporate governance standards and is also the best proposed code till date. The code that was issued in 2005 had potent changes on the remuneration of disclosure of individual and independent directors. This was issued by the Council of corporate disclosure and governance but was rejected by the Ministry of Finance. There were few recommendations and it affected many companies. The proposal was: 50% of the board consisted board members where the CEO and the chairman is the same person; the chairman and the CEO are family relatives; the chairman is not an independent director or owner of the corporation and last but not least, both the chairman and the CEO should be a part of the company (The Business Times by Mak Yuen Teen). Critique and analysis: Insolvency is a very important aspect of L aw or any company and there are many case laws on this particular aspect. Usually, a managed investment or a trust is described as insolvent but under the Corporation Act 2001 (CTH), a person cannot be called insolvent in such cases. The analysis of the viable purposes of this act needs to be performed by the trustee of the company or firm. The director or the owner as well as the creditors face problems when the trustee is insolvent as it leads to lack of guidance. In the Corporation Act 2001, it clearly states that a director of a firm needs to restrict any kind of insolvent trading or business deals by the company. A company is notified as an Insolvent company when it not only

Economics Essay Example | Topics and Well Written Essays - 1250 words - 4

Economics - Essay Example He displayed both mathematical dexterity and wide literary grace. As a good economist, Keynes took keen interest in statistical methods of solving economic problems and maintained strong vigilance on the activities that took place in the economy. He mastered the way of observing the particular details that occurred in an economy and then used these details to develop general economic theories. As a person, Keynes demonstrated a dazzling intellect and an arrogance which, to some appeared to be the result of dismissive elitism of the Victorian era. Three elements guided the thoughts and writings of Keynes. These three elements were his presumptuous egotism, his strong identification with the elite class to which he was born and his despise for the values held by the bourgeoisie class (Rothbard, â€Å"Keynes, the Man†). Keynes overweening egotism allowed him to get the confidence that he was capable of handling the intellectual problems that arose during the contemporary period a nd solving them with precision. He scorned at the general principles that went against his ego. This man strongly believed that he was destined to become the leader of the ruling elite class of Great Britain. Keynes dealt with the issues that arose in Britain with a sense of perceived self confidence. He occupied a â€Å"position of power and dominance† (Rothbard, â€Å"Keynes, the Man†). Besides, the deep hatred of the values held in the bourgeoisie way of leading life made Keynes rebel against the institutions and establishments of family life, that supported the notions of savings and prudence. He led the life that was characterized by â€Å"social intellectual rebellion† (Rothbard, â€Å"Keynes, the Man†), the life of an aesthete and a bohemian. Major contributions in the field of economics Keynes’s elucidated the causes of rampant unemployment that affected major economies around the world. In most of the countries, unemployment rates soared h igh and all efforts to reduce inflation rate failed to bring the desired result. Keynes was able to realize the looming shadow of depression that was going to envelop the world economy and argued that monetary policies would not be sufficient enough to combat the effects of depression (Snowdon and Vane 34). He suggested the policy measures, which would help in increasing the aggregate demand and reduce unemployment. Despite the optimism of the time during his youth, Keynes intellectual career started with his thoughts about recession that was about to hit the world economy after a period of economic boom. The Great Depression actually arrived in the mid 1930s, towards the end of Keynes life span. During his life, Keynes had made significant efforts â€Å"to make sense of the disruptions and crises that began with the First World War and continued through the Great Depression† (â€Å"John Maynard Keynes†). His theories made profound impact in the macroeconomic field of study. Microeconomics Micro economics deals with the theories of demand and supply in the market at the firm level. According to most economic thoughts, there is a departure between micro and macro points of view of the world and the market. There is a distinction between the way in which the