International Paper Essay Example | Topics and Well Written Essays - 500 words

International Paper - Essay Example Any changes in these factors of the economy can lead to the company’s planning to be affected to a great extent. Thus when an organization like Big Drive Auto requires making any specific decision or plan, like increasing the prices for fuel or the vehicles themselves, then it is essential that macro economic data is well taken into consideration. This will allow the company to rightly understand the total variation in the economic market of the country and this allows for the pricing to be more appropriate and allows the company to make higher profits. Thus the operations and the planning become more apt for the organization in terms of the whole economy of the country. There has been a strong focus on the reliability of the forecasts in terms of the macroeconomic variables. The major problems that have been noted are the ability to relate to the balance between the aggregate demand and the aggregate supply. Thus to ensure complete reliability of the macroeconomic variables, it is essential to place a focus on the balance of the aggregate demand and the aggregate supply. This can be the demand side policy which generally seeks to influence the level of spending in the economy and the supply side policy which mainly directly influence the level of production. There are a number of uncertainties that are faced by companies in terms of the macroeconomic forecast. In recent researches there has been a clear that the private sector tends to face issues which are related to the rational bias. The uncertainty of the macroeconomics forecasts can be dealt with, by a thorough study and understanding of the various prices of the number of units sold across different locations. This however requires to be analyzed by choosing a wide range of locations and over a number of years. Also as the value of oil and coolants are affected by the economic condition of the country, hence a focus should be made on the

Thomas Edison Research Paper Example | Topics and Well Written Essays - 2250 words

Thomas Edison - Research Paper Example Edison obtained the majority of his educational materials from The Cooper Union, which specialized in supplying higher education materials and instruction for students. Through his education, Edison became interested in various branches of science, which played a role in his later career as an experimenter and inventor. Growing up, Edison held a variety of odd jobs to increase his income. While living in Michigan, he made a modest salary by selling candy and newspapers on the trains that ran through his city. He also sold vegetables to help his family with their expenses. Edison’s first stable job came after he saved a little boy from being hit by a runaway train. The station agent, J.U. MacKenzie, who was also the father of the little boy, was so appreciative of Edison’s actions that he trained Edison to be a telegraph operator. Edison spent many years in this position. When he was nineteen, he moved to Kentucky where he received a boost in his career by being given a job with the Associated Press news wire. During his career on the news wire, Edison made sure that he always received the night shift so that he would be able to work, read, and experiment. However, on one particular night, Edison’s attention on his experimenting ended up costing him his job when a lead-acid battery he was playing with spilled sulfuric acid onto the floor, which then leaked through the floorboards and spilled onto the desk of his boss below. Edison was immediately fired upon arriving at work the following morning. However, despite losing his job, one good thing came from Edison’s time as a telegraph operator. While working, he met Franklin Pope, another telegrapher and an inventor himself. Pope allowed Edison to work out of the basement of his home, which allowed Edison the space he needed for his first two inventions, a stock ticker and the electric vote recorder that was officially patented on June 1, 1869 (Pretzer, 1989). When Edison was twenty-four , he married Mary Stilwell. He met her while she was working at one of his shops. Together they had three children, Marion, Thomas Jr., and William. Mary died thirteen years later from a brain tumor; two years later, Edison married again, this time to Mina Miller, who was almost half of Edison’s age and the daughter of a famous inventor. They also had three children, including Charles and Theodore, both of whom went on to follow in their father’s footsteps as inventors. Mina outlived her husband, dying in 1947 from natural causes. Thomas Edison became most known for his numerous inventions, obtaining over one thousand patents in the United States during his lifetime, as well as many patents in Germany, France, and the United Kingdom. As previously mentioned, among Edison’s first inventions were a stock ticker and an electric vote recorder. He also invented numerous telegraph machines and improved on telegraph machines that had already been invented, such as inve nting the quadruplex telegraph, which made it possible to transmit four messages at once. He also invented the electric pen, which was a device used for copying. However, regardless of these first useful inventions, Edison first became known for his invention of the phonograph in 1877, which is the first record player. Even though the phonograph had very poor sound quality and could only be used a few times, the public was taken back by this surprising, wonderful invention, giving Edison the nickname of the Wizard of Menlo Park. Edison spent a few years perfecting his original phonograph,

The relationship between discrimination and economics Research Paper

The relationship between discrimination and economics - Research Paper Example ls of Thomas Sowell (1983) and Walter Williams (1982), Majewsky suggested that markets minimize discrimination and state intervention that retards economic progress of racial and cultural minorities. Several myths were presented against historical examination as follows: Myth 1: Discrimination leads to poor economic performance by an ethnic group. Fact: Considered as axiomatic, the myth mentioned contradicts historical examples. Discriminated groups like the Chinese were despised in Thailand, Vietnam, Indonesia, Malaysia and the Philippines, but today, they control about 70 to 85% of retail in said countries (Majewski, 1988). This, too, can be said of Jews in the West. â€Å"From the Roman Empire, through the Middle Ages to the Nazi holocaust, the Jews have endured more religious persecution than any other ethnic minority,† but through hard work, entrepreneurship and education, were able to prosper in most areas around the globe (Majewski, 1998, 23). The second myth was that p oor economic performance by an ethnic group was attributed to discrimination. In reality, low income below national average and poor representation in professional occupations among ethnic minorities are prevalent throughout the world. This may not be easily attributed to current practices of discrimination as Majewski (1998) suggested. Another factor that has placed minorities to their marginal status includes banishment from the lands they occupied by colonizers which in turn have given the occupied lands as well as established businesses to their heirs. In this argument, Majewski (1988) presented the different performance levels of three black groups: descendants of immigrants from the West Indies, descendants of free persons of color, and descendants of slaves freed during the Civil War. Among... This paper presents careful consideration of the discrimination problem, of the theories and the economics of discrimination. The factors that affect or influence the prevalence of the practice of discrimination are being considered in the paper. Throughout history, many points of views about understanding the economics of discrimination have been forwarded. Economically, discrimination is a practice to maintain economic status of those who are dominant. They practice discrimination to sustain their advantage. However, current global market conditions now provide many individuals and non-dominant classes bigger chance at performing better economically. Policy should now focus on empowering more individuals to become better economic performers. In many countries especially the democratic ones, the various rights and prerogatives of individuals are protected by laws so that preferences in many matters may not be legally questioned. Many practices and choices of an individual are attributed to his rights and privileges. Where pure discrimination is practiced, employers may be offered lower wages by the workers discriminated upon. When this happens, the minority wage will be lower at first but eventually, the market process with equalize their wage rates. Employers that hire minority workers at lower wage will make above-average profits. This will attract new firms in the industry that will hire the minority workers at slightly higher offers in order to attract them. This will even out the wage disparity over time

Lawrence Paul Yuxweluptun - contemporary artist Research Paper

Lawrence Paul Yuxweluptun - contemporary artist - Research Paper Example The paper "Lawrence Paul Yuxweluptun - contemporary artist" concerns the art of Lawrence Paul Yuxweluptun. Now this kind of art is called propaganda. Many contemporary artists, though, are again turning to art as protest, incorporating political statements within the frames of their artworks and striving to encourage a more humanitarian, sustainable approach to modern life. Lawrence Paul Yuxweluptun is no exception to this group of artists, although he may be considered more political than most. Like many artists at work today, a great deal of Yuxweluptun's art can be associated with the popular culture movements, but it is also heavily informed by modern politics and ancient legends. To understand Yuxweluptan's work, such as "The Impending Nisga'a Deal," it is helpful to know some background information about the artist and the event that inspired the work. Yuxweluptun is a Native American, his father is from the Cowichan Salish and his mother from the Okanagan, which had a strong i mpact on his art. He was born in 1957 and grew up mostly around the Vancouver area of Canada, giving him a very contemporary, modern viewpoint to his family's ancient roots as they were heavily involved in tribal issues. "He is deeply connected to his heritage as a man of mixed Okanagan and Coast Salish ancestry but cannot separate himself from the larger, non-Native society in which he now lives. He is an urban Indian, trained at the Emily Carr College of Art and Design, and his art partakes of conflicting traditions.