The Debate on Executive Compensation Essay Example | Topics and Well Written Essays - 2250 words

The Debate on Executive Compensation - Essay Example Instead of the inverse proportionality of their pay to the performance of the firm, it should be such that the relationship is directly proportional to each other. Usually, the executive pay is a combination of the salary, extra bonuses, reimbursements, and shares on the company stocks. The compensation is given a stringent configuration to comply with the necessary legal requirement, which includes tax law, regulations of the government, the desires of the company as stipulated by the executives and the organization itself, and of course the reward and performance. Most important is the fact that the executive pay is always a subject of approval from the board of directors and meanings that the salary is predetermined before the actual performance of the executives is noticed (Bertrand and Mullainathan 2001, p.62). Different schools of thoughts have thus arisen over the executive pay by hypothesising on the motivating factor for the increasingly rising pay for the CEOs and two schoo ls of thoughts have been brought forth. ... The other thought process perception is rather opposed to the compensation level and asserts that it is a socially unaccepted phenomenon that is largely fuelled by the social and political order that allows the executives to self-determine their own pay and have absolute control over it (Chen, Liu and Li 2010, p.54). Thus, the payment of the executives is not a covert that is whimsically decided by the CEOs themselves but is also approved by the board of directors who also determine and give consent to the figures. Despite this, the economists are not persuaded by this and therefore maintain that the executives’ pay must be aligned to the performance of the company, without which it is irrational and unjustified (Bruce, Buck and Main 2005, p.41). In reference to the objective brought by the economist over the hefty pays that go to the executives even during the period of economic crunch, this paper critically examines the agency theory and explains why it is impossible to expl ain the compensation of the executives with the provision of the theory. Besides that, the paper also gives comparative approach of evaluation from other theoretical sources that consider the relationship between the principal and the agents apart from the agency theory. The Agency Theory This theory shows the connection that exists between the principals and the negotiators in a business scenario through managing the business affairs to the best interest of each. The principals in the case companies are the shareholders while agents are the executives; in this relation, the agency theory tackles any problem that may arise between the principal and the agent in the course of running the business. Thus, the agency theory is known to be instrumental

IB Assignment Example | Topics and Well Written Essays - 2500 words

IB - Assignment Example The other marketing strategy are franchising, licensing and other mode of entries. It is important for the retail business, opening stores abroad retail business cannot succeed. The price of the product, the promotion strategy, store design and customer service of an international retail business should be appropriate for business to prosper. A company needs to look into many factors like political, environmental, social and technological when entering a international market. In an international business the governmental policies, weather condition, the needs and demands of people from various culture and technological influence affect the success of the business. Other factors like pricing and promotion strategy and customer service also affect the business promotion on an international platform. The company has to analyze the marketing strategy by taking into account ins strengths, weakness, opportunities and threats. In such a case this garment company will be able to enter the international business in a successful way. E-tailing is a business operation of retailing which occur with the help of internet. It has been introduced in the 20th century and is a business to consumer transaction. According to Rouse (2005)â€Å"E-tailing began to work for some major corporations and smaller entrepreneurs as early as 1997 when Dell Computer reported multimillion dollar orders taken at its Web site†. In e- tailing the online catalogues and business management is done with the help of software tools. This new technological retailing is the new trend in Western countries. In this type of retailing, the consumer interacts with virtual shops to purchase their services and products. In this system, the customer can pay online acquire products by courier and shipping service. Since a decade there had been a hike in E- tailing in western countries however it is still in an infancy stage. Across the world,

Reflective writing Essay Example | Topics and Well Written Essays - 1000 words - 2

Reflective writing - Essay Example Each one of them has its importance to understand the whole concept of human health (Jasper, 2003). Each of those subjects has their different goals to make a student understand the objectives in a specific way. For example, I learnt the significance of blood tests and its relation with the physiology of the patient. I learnt about various diseases and disorders in my patients through in-depth study of pathology. During my course of studies, I have observed that sometimes nurses can unearth what a doctor fails to discover within a patient. Clinical experience further polishes a student. It enables a nurse to understand the practical and research based approach of this profession (Neal, 2003). During my course of studies, I have learnt the role and responsibilities assigned to a nurse in a typical healthcare setting. Nurses are focused to deliver quality care services to the patient. Nurses are the key persons behind formulating a care plan for the patient. My courses have enabled me to become a bridge between a patient and a doctor. My studies have helped to develop a sheer knowledge on different diseases and how a doctor responds to his patient (it also includes the treatment), knowledge on different kinds of drugs, knowledge of nursing care and how as a nurse I have to respond to my patients. My studies have also taught me how to make the decisions as a nurse, how to respond to your setting and how to prioritize and organize your responsibilities. In my opinion, nursing is an art as well as a science. It is an art as it helps me as a nurse to seek different innovative ways to provide care to my patients emotionally and physically as well as it becomes a science when I have to treat my patients using different medical techniques and drugs. Basic nursing techniques are the core of this course which were taught to me in the most professional manner. During the years of progressing as a professional nurse, I have witnessed that it is important for a nurse to deve lop therapeutic relations with the patients. For a nurse, it is highly important to maintain a close relation with the patients based on trust and respect (McHugh, 2000). Secondly, as a professional nurse I believe that nurses should know the art of communication and interaction with their patients. My course subject related to the study of behavioral sciences and human psychology has helped me to interact, understand and communicate effectively with my patients. It is important that nurses should focus on their interaction and communication skills when establishing therapeutic relations with the patients. According to Cutcliff (2005), nurses should emphasize on establishing increased interactions with their patients which as a result, increases their confidence, independence and competency as a professional nurse. As a result, as a professional nurse and a part of quality healthcare system, I am more focused on developing communication and interpersonal skills with my patients and their families. I have observed that patients feel more relax and confident with those nurses who make them feel comfortable even in pain and suffering. To make a patient trust you, it is highly important that you should know the art of communication which will help you to secure the trust of your patients (Nichols, 1993). As a professional nurse, I believe that there is a need to focus more on how the relationship between a patient and a

Potential Conclusions or Hypotheses Essay Example for Free

Potential Conclusions or Hypotheses Essay Based on my knowledge of differences between the north and south, I would say that there are a variety of cultural differences that lead to the discrepancy in physical activity levels. Additionally, I have found that there are a number of factors that affect an individual’s physical activity level. Therefore, I believe that there is not one single cause lying behind the different activity levels in northern and southern states. Instead, this is a complex issue that arises from urban/rural areas, educational activities, team sports environments, and socioeconomic factors. Supporting Argument for the Thesis In order to determine the validity of this thesis, much more information is needed. First, I would need more detailed statistics for each of these states, with physical activity levels sorted by county (with the county’s population to determine urban/rural environment), race/ethnicity, and socioeconomic factors. Second, I would need information about public information campaigns that have dispersed information about the national recommended physical activity level. Is the importance of physical activity being taught in schools? Which counties/school districts have daily physical education classes? Third, I would need more information about the availability of team sports: which sports are available, which age groups are targeted, how much do these sports cost? Fourth, I would need information about the incidence of obesity and overweight for these states in order to determine whether residents of these states are in general more health conscious. Excess weight might also prevent people from wanting to engage in physical activity. Finally, I would need information about the availability of facilities for adults. How many parks and gyms are available? What do these facilities cost? These types of information would certainly support my thesis that there are a variety of factors that lead to the discrepancy in physical activity levels between northern and southern states.

Capitalism Essays -- Economic System, Freedom

Discuss your own impressions of what Capitalism is. My personal view of Capitalism is the freedom of choice to use your property any way you choose to use it. We as Americans have been giving rights to this choice. According to Murphy, That is why it is also known as the free enterprise (or free market) system, because it allows people freedom to choose: freedom to choose their own jobs, freedom to sell their own products at whatever prices they like, and the freedom to choose among products for the best value. (pg.1) As Americans, we have taken advantage of this freedom. We can work in whatever job that we love regardless of qualifications. Like many others, this choice has giving us the ability to make a living for our family. Many countries today do not get the opportunity to experience freedom of choice. These countries are governed by a socialistic system. This socialistic system says that, in their county there is no right to private property at all: everything is owned -or could be confiscated –by the state for t he benefit of â€Å"the people† (p.2) Views of Capitalism There are many critics of Capitalism according to Murphy that would say, â€Å"Even though we have this freedom to choose their jobs the still stand at the mercy of the employers† (p.2) As a citizen of the United States we can leave a job if we feel despondent about our jobs. There no law in place that can give an employer for any reason to hold you to a job. In addition, I have the right if self employed to sell my goods or services at any price beyond reason. In contrast, under a socialist system, the dissatisfied citizen’s only recourses are to leave the county (if that’s even allowed), or to start a revolution. (p.3) It is your choice of salary!... ... as those institutions perform for the public. (McConnell p. 637) Banking institutions and Thrifts makes loans and make deposits from the Central banks. The Federal System was established to control money supply through monetary policy. Congress established this system as an independent agency of government. They wanted to protect the Fed from political pressures so they can control the supply of money and price stability effectively. (McConnell p. 639) Conclusion Economics is all around us each day. In essence, we as consumers can control our own economic perspective. We sacrifice at any cost to get what we want. Our utility is increased when we pursue any pleasures and happiness through the purchase of goods or services. The author learned a great deal about economics. We function in a world all around us consumed by the economic pleasures of life.

Classroom Teaching & Technology integration in the society Essay

An individual in this urban society interacts more with machines than the humans. Similarly, a child in this 21st century is born in an environment where digital electronics rules and it would be very much difficult of him to realize the fact that a century ago it was difficult to even call a place nearby. Things were very much mechanical and analytic. The world was a big place and large enough to consider each of the nations as islands of culture with least of interference of other culture. But now the world has become very small with information from far off places are available with a click of mouse. Websites are the second address of everything that has got dual presence i.e. both physical as well as virtual. Even though there is the same physical distance but virtually all are sitting together and is available at the virtual locations. The above mentioned changes and the rate at which these changes are being incorporated into the human civilization are going to continue and as a result everything that will see the integration of technology will accelerate. These can be a business group or a community or a simple family. The matter of importance is the individual’s capability to adopt itself to changing condition not only to thrive but to achieve further success (Chen, 2006). The above mentioned changes have actually called on classroom teachers to follow up with this technology integration. The common nation is that teachers without the knowledge of basic technology skills are more of an obstacle to any technology integration either in present or in future. But the same person can provide efficient leadership by becoming aware of basic technology skills and some imaginative thought process (Bolman & Deal, 2002). This includes creation of a vision and then sharing and implementing the vision through arrangement of proper funding. A teacher’s acquaintance with these issues and its impact of technological standards actually gives an in depth view of very basic platform over which administrators’ knowledge stands (Bowman, Newman, & Masterson, 2001). His knowledge and understanding of technology is perhaps the most important factor that determines whether the assimilation of education and technology will work in the classroom or not (Hughes & Zachariah, 2001). Teachers who are technologically sound are more comfortable with the youth and children of today who are very much tech savvy and habitual of using hi-tech electronic equipments. They generally work in direct contact with students thereby the exchange of ideas from both side could be achieved and hence the possibility of better result from this technology implementation would be achieved. They would also convince the students in cooperating with the other teachers and other important elements of the complete implementation staff. Being an education professional, he or she is very much aware of facts that the effectiveness of the technology integration is a very much a variable depending on administrators’ competencies. The development of this specific and well researched competencies helps in providing proper guidelines for establishing steps for the administrator to maintain technology leadership and hence his assistance in technology integration in schools will result far reaching outputs in technology literacy and enhanced student learning. The educators’ perceptions of principal technology leadership competencies at the later stage is an important factor behind the successful integration of technology ensuring smooth rather flow of knowledge and information (Chin & Hortin, 1994). Learning in the classroom will generate a new relationship between the teacher and the student thereby engaging and modernizing various methods for assessment as well as study. The broader relation between the educators and the students will give real time information to the teachers about the performance of the students. Through this they can search for newer methods to help their students. These processes will ensure more compact relationship and the students will learn in a very few period rather than the months (Trends, 2006). The newer technology generally in the form of computer & internet has provided a different addition to the meaningful learning of education. One of the first and most vocal proponents of the use of technology to promote this type of meaningful learning was Seymour Papert (1980, 1994) who believed that computers could provide a powerful tool for learning. He also noted that schools have frequently ignored the broad capacities of computers for instructional support, isolating them from the learning process rather than integrating them into all areas of the curriculum. Using the techniques of the constructivism effectively, the teacher can teach or educate their students in a better way. Teachers are beginning to use technology as a tool to promote students’ ability to reason and solve authentic problems. Teachers have now been using technology and also integrating them into formal education system with intention to transform classrooms into technology intensive knowledge centers providing purposeful learning with experimental leaning that would intuitively create an environment of authentic action rather than awareness and simple information. The effective use of technology can integrate higher cognitive skill development and thinking skills such as problem solving, reasoning, decision making, and scientific inquiry. When teachers are thorough and totally integrate technology into class room a very different environment comes into existence. A constructivist learning environment is a place in which learners work together and support each other as they use a variety of tools and information resources in their guided pursuit of learning goals and problem-solving activities. Constructivist learning environments frequently encompass many different applications of media and technology. Classrooms under this environment are active with the combine of the tools of constructivism with communication and visualization tools that enable communication and collaboration among learners in a socio cultural context. Increased student achievement can result because of the synergy created through dynamic interactions (Sandholtz, Ringstaff, & Dwyer, 1997). In short the teachers must acquire the desired skill level which helps them in gaining the knowledge & the use of computer based technology .The survey revealed that most students have said that their teachers do not use computers in sophisticated ways. And if the teachers are not provided the useful support needed to integrate computers into the overall framework of the classroom, it is unlikely that their students will use computers in ways that will improve their learning process (Fuller, 2000). References Bolman, L. G., & Deal, T. E. (2002). Leading with soul and spirit. The School   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Administrator, February, 21-26.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   computer. New York: Basic Books. Sandholtz, J., Ringstaff, C., & Dwyer, D. (1997). Teaching with technology: Creating

Othello’s Tragedy

Marlene Romo Professor Williams English 1B 4 December, 2011 Othello’s Tragic Fall According to Aristotle, a tragedy must include the downfall of the tragic hero brought upon by his hamartia, in other words his weakness or flaw. It must also be comprised of the hero’s peripetia, where when he once had it all, it is now all lost. After the peripetia, the anagnorises follows; this is where the hero attributes his downfall to his weakness or flaw. The hero must be noble both in birth as well as in stature and according to Aristotle in the end of the play the audience must experience catharsis by encountering feelings of pity and fear.Even though Shakespeare’s Othello does include most of the requirements of an Aristotelian Tragedy it lacks a few elements, such as a hamartia and an anagnorises as well as catharsis. Othello’s downfall is not brought upon himself instead Iago’s manipulation is the cause, therefore the play does not fulfill Aristotleâ€℠¢s standards of a Tragedy. Although the audience fails to experience catharsis at the end of the play, Othello does help the audience come to the realization that cruel and manipulative people such as Iago exist in today’s society.While those who consider Othello to be a tragedy might argue that Othello’s hamartia is being naive, others may attribute Desdemona’s death to Iago’s manipulation of Othello. The fact that Iago was able to manipulate not only Othello but Roderigo, Cassio, Emilia and even Desdemona proves that he is extremely persuasive and thus Iago can be held accountable for Desdemona’s death. Since it is Iago who influences Othello into killing Desdemona that means Othello does not have a hamartia but instead confirms that Iago is very manipulative.Iago slowly but skillfully begins to implant doubt into Othello, for example when they see Cassio walking out of Desdemona’s room: Iago: Ha! I like not that. Othello: What dost thou s ay? Iago: Nothing, my lord: or if—I know not what. Othello: Was not that Cassio parted from my wife Iago: Cassio, my lord! No, sure, I cannot think it, That he would steal away so guilty-like,   Seeing you coming. Othello: I do believe 'twas he. (III. iii. 35-42) Iago makes Othello believe Desdemona is being unfaithful to him with Cassio, because he is constantly suggesting this.After some time Othello begins to believe every word Iago tells him and eventually ends up doubting his wife’s fidelity which results in her death. Desdemona dies and Othello finds himself losing everything but it is not due to hamartia it is due to Iago’s cruel manipulation of the mind. Othello listens to everything Iago says to him and believes it to be true for example when Iago says to Othello â€Å"But he that filches from me my good name and makes me poor indeed. Robs me of that which not enriches him† (III. iii 72-74) Here one can be a witness to Iago’s master mani pulation.Iago is saying: Othello, Cassio is robbing you of your reputation and that is immoral not only because he wants you to lose your respect and is only doing this to hurt you, but because he will not receive any personal gain and yet is still determined to go through with it . Iago does this throughout most of the play, he instills ideas into Othello’s mind and does it with the intention of hurting him, therefore Othello does not have a tragic flaw that causes his downfall but instead Iago is the one who brings Othello down with his manipulation.Since Othello does not have a hamartia anagnorises does not take place. Othello’s downfall is attributed to Iago’s manipulation not to Othello’s flaw. Even though it is Othello who suffocates Desdemona to death, this would never have happened if it weren’t for Iago’s manipulation. Othello cannot help but feel partially responsible for the death of Desdemona but he is aware of Iago’s crue l influence on him. When Othello has killed Desdemona and Emilia explains to him the way Iago got a hold of the handkerchief Othello says â€Å"Are there no stones in heaven But what serves for the thunder? Precious villain! † (V. ii. 241-242). Here Othello is finally able to see Iago as the villain that he is, and he asks heaven why it will not strike him dead. Othello never feels fully responsible for Desdemona’s death, he knows he is partially to blame but he also recognizes Iago as a villain so therefore anagnorises does not take place. Othello is not the only one who views Iago as a villain after Emilia’s confession so does Lodovico and the rest.After Iago is brought to the room as a prisoner Lodovico says to Othello: â€Å"O thou Othello, that was once so good, Fall’n in the practice of a cursed slave† (V, ii, 300-301). Lodovico is aware that Othello’s drastic change was brought upon by Iago’s evil manipulation and attributes De sdemona’s death to him. Everyone in the room realizes that Iago was not the â€Å"honest†( V. ii. 161) person they believed him to be, not only did they now realize he was a villain but they also became aware of all the people he manipulated, such as Othello, Roderigo, Cassio, Desdemona, and Emilia.Despite the fact that catharsis does not take place, the audience does experience fear toward the end of the play. The audience experiences fear because they become aware of the existence of men like that of Iago, in society. Dramatic irony is what allows the audience to witness Iago’s malicious plans. Iago is pure evil and unlike the characters in the play the audience is aware of this throughout the play. As the play progresses the audience gradually becomes more and more aware of Iago’s cruelty.The audience cannot help but come to the realization that men like Iago do exist in the real world. Marvin Rosenberg, Shakespearean scholar and a UC Berkeley professo r points this out in his essay, when speaking of Iago he says â€Å"he evokes our fear, because we know that wicked men do exist† (Rosenberg157). Rosenberg states that the audience fears to encounter people like Iago because he seemed so trustworthy and yet he was able to manipulate everyone he wanted to and was almost able to get away with murder.Rosenberg argues in his essay titled â€Å"In Defense of Iago† that Shakespeare’s purpose in writing this play was to enlighten the audience in the ways of thinking of a mischievous man. Rosenberg believes that Shakespeare wanted the audience to know how an evil man’s â€Å"twisted emotions work† (Rosenberg 157). Even though the audience fails to experience catharsis, good comes from the play because now the audience has been exposed to the evil of man and can go about living life without being too naive. Shakespeare’s Othello is not a tragedy under Aristotle’s standards.First of all Othello does not have a hamartia. Secondly, it is because he does not have a hamartia that he does not experience anagnorises. And lastly the audience does not experience catharsis. Othello cannot be considered a tragedy under Aristotle’s conditions but despite this, the play if effective when it comes to opening the eyes of the audience to the existence of people like Iago. After being exposed to the play the audience is now more capable of distinguishing an honorable person from a dishonest one.Once the audience becomes aware of the malicious acts of Iago they will question the motives of others and this will help them separate the truly honest people from those who are strategically manipulative. Works Cited Crowther, John, ed. â€Å"No Fear Othello. † SparkNotes. com. SparkNotes LLC. 2005. Web. 11 Nov. 2011. Rosenberg, Marvin. â€Å"In Defense of Iago. † Shakespeare Quarterly 6. 2 (1955): 145-158. Jstor. Web. 27 Nov. 2011. Shakespeare, William Othello,the Moor of V enice. Literature:An Introduction to Fiction, Poetry, Drama and Writing. Eds. X. J. Kennedy and Dana Gioia. 6th Compact e. New York: Longman, 2010. 912-1012. Print.