4 Types of Business Writing [And When to Use Them]

4 Types of Business Writing [And When to Use Them] The world of business writing can seem vast. Each office seems to have variations of documents, each with their personalized templates and industry focus. Varying scenarios require varying forms of business writing. However, the innumerable documents can be distilled into to four main categories. Each category has its overall goal. Based on the objective, each of the many business documents falls within these four broad segments. This article will break down the broad field of business writing into four categories. Understanding these conceptual divisions will help guide your decisions about your document choice and goal. Style Reminders While the document goal varies, the core of business writing does not. Effective professional writing is written with a clearly defined audience and purpose in mind. This is results-oriented writing. The text helps the reader do or know something. The writing style should be written to be concise, relevant, and understandable. Excessive wording, jargon, or extraneous information have no place in any type of business writing. Each element of the document supports the communication of the purpose to the reader. Of course, good writing is free of grammar and spelling errors and inaccurate information. 1. Instructional Business Writing Instructional business writing provides the reader with the information needed to complete a task. The task may need be accomplished immediately or it may be for future reference. This type of document must break down a process into steps that are understandable to the reader. The written record must account for reader’s knowledge of the area, the scope of the task while integrating variations or potential problems. Examples: User Manual: a guide focused on allowing the customer to use a product. Effective user manuals are crucial to a good user experience and a happy customer. User manuals are often considered part of technical writing, which is closely related to business writing. Specifications: a technical document which provides an outline of a product or process that allows it be constructed or reconstructed by an unfamiliar but knowledgeable user, enabling effective distribution. Memo: a short notification of new information shared within a large group in an organization. The memo may include a direct instruction or be a reference on how to complete future tasks. 2. Informational Business Writing Not all business writing requires action. A large volume of writing is created for reference or record. This category can include some of the less glamorous but still essential documents. Recording business information accurately and consistently is important for marking progress, predicting future work, as well as complying with legal and contractual obligations. Report: perhaps the bulk of informational writing is report writing. Organizations rely on reports to act, to communicate business and technical information, to capture work completed, to record incidents, to finalize projects and recommendations, and to act as an archive. A well written report allows the reader to easily grasp the content and, if applicable, make informed decisions. Financials: documents that outline the financial state of a company. These statements provide a fiscal snapshot of a company over a defined period. Minutes: a summary of the proceedings of a meeting. A record of discussions, decisions, and assignments for attendees and others. 3. Persuasive Business Writing When people think of business writing, they often think of the persuasive writing category. These documents are generally associated with sales. The persuasive writing may be direct, with focus on a specific item, or indirect, with focus on developing the client relationship. The goal is to two-fold: to convey information and to convince the reader that the presented information offers the best value. The text is written to impress the reader and sway their decision. Proposals: these documents outline an offer of a product or service to a specific potential client. The proposal generally presents project overview, benefits, timeline, costs, and competency. Sales Email: an email written to a large number of people to pitch a product or service. Press Release: a text written for journalists and media presenting new information. The text aims to persuade the reader to share the content through their own channels 4. Transactional Business Writing Everyday communication falls under transactional business writing. The majority of this writing is by email, but also includes official letters, forms, and invoices. An easy way to quickly improve your transactional business writing is totake an online course. These documents are used to progress general operations. They are also used to convey good and bad news, often associated with human resource processes. Emails: documents used to quickly communicate information between staff or clients in business activities. Read our guide on how to write a business email here. Dismissal notice: this letter provides the official context and procedural details associated with employment termination. Each business document falls into one of these four categories. By determining the category, you will better understand your document’s goal. This insight will improve your writing.

What to Do About College Drinking

What to Do About College Drinking College is typically viewed as the pathway to gaining the skills and knowledge needed to embark on a successful career. However, it can also be a pathway to the casual acceptance of dangerous levels of alcohol consumption. Drinking is as much of the college experience as studying, sleep deprivation, and junk food. According to the National Institute on Alcohol Abuse and Alcoholism, roughly 58% of college students admit to drinking alcohol, while 12.5% engage in heavy alcohol use, and 37.9% report binge drinking episodes. Terminology An alcoholic drink typically has 14 grams of pure alcohol, as defined by the National Institutes of Health (NIH). Examples include 12 ounces of beer containing 5% alcohol, 5 ounces of beer containing 12% alcohol, or 1.5 ounces of distilled spirits containing 40% alcohol. Binge drinking is typically defined as men students consuming five drinks in the course of 2 hours, or women students consuming four drinks in the same time frame. The Problem While college drinking is often viewed as a fun and harmless activity, alcohol consumption among college students is associated with a variety of issues. According to the NIH: Over 1,800 college students die each year from alcohol-related incidents, such as vehicles crashes.Almost 700,000 college students are assaulted each year by someone who has been drinking.Roughly 79,000 college students report being raped or sexually assaulted (when either one or both parties have been drinking). At least 20% of college students develop an Alcohol Use Disorder, which means that alcohol consumption is impulsive and uncontrollable. These students actually crave alcohol, need to increase consumption levels to obtain the desired results, experience withdrawal symptoms, and prefer drinking to spending time with friends or engaged in other activities A full quarter (25%) of students admit that alcoholic consumption causes problems in the classroom, including such behaviors as skipping classes, failing to complete homework assignments, and performing poorly on tests. Too much alcohol can also result in fibrosis or cirrhosis of the liver, pancreatitis, a weakened immune system, and various types of cancers. Prevention Strategies While the natural response is to simply discourage college students from drinking, Peter Canavan, a public safety officer at Wilkes University, and the author of The Ultimate Guide to College Safety: How To Protect Yourself From Online and Offline Threats to Your Personal Safety At College Around Campus, tells ThoughtCo that providing fact-based information on the dangers of drinking to excess is a better approach. â€Å"Education should be the first step to a successful strategy designed to eliminate or limit drinking,† Canavan says. â€Å"Responsible drinking and knowing when you have had too much to drink are important factors to staying safe.† Besides the laundry list of negative effects listed above in this article, Canavan says it’s possible for students to become victims of alcohol poisoning the very first time they drink. Aside from heart-rate and breathing changes, quickly consuming a large amount of alcohol could lead to a comatose state or even death. â€Å"Any time an individual consumes alcohol for the first time, the effects are unknown, but alcohol does cause memory and learning issues, forgetfulness, and bad judgment.† In addition, Canavan says alcohol dulls the senses, which can be catastrophic in an emergency situation.   Canavan provides the following tips to help students stay safe: Regulate your alcohol consumption to reduce the chances of experiencing dangerous outcomes; know your limit.Never leave your drink unattended; it may be compromised with a date rape drug while it is out of your sight.College is a huge investment in your future; dont jeopardize it by making poor decisions as a result of drinking. A drunk driving accident can harm or kill you or your passengers, so dont drink and drive. If you are convicted of a DUI, you may lose your license and be unable to get to college or work. Long-term, a DUI on your driving record could prevent you from getting a good job after graduation since many employers look at that when reviewing job applications. Colleges and communities can also play a role in preventing underage and excessive alcohol consumption by educating students. Additional strategies include reducing access to alcohol through such ways as checking a student’s identification, ensuring that inebriated students aren’t served additional drinks, and limiting the number of places that sell alcoholic drinks.

Kantian Sincerity and Professional Ethics Assignment

Kantian Sincerity and Professional Ethics - Assignment Example Sincerity makes him weigh his acts according to ethics. Kantian sincerity explains the aspects of sincerity based on good will. This paper intends to explain the essence of Kantian sincerity, and how it can relate to professional ethics and good will. The importance of professional ethics in the life of an organization is discussed, in correlation with Kantian sincerity. The characteristics of a sincere and ethical leader have been described, so as to give the reader an idea as to what is expected of a person who follows Kantian sincerity and ethical guidelines. Kantian sincerity is based on good will. â€Å"†¦the sincere will is both good and autonomous†, according to Palmquist (2010:635). Palmquist writes in his book that Kantian’s good will considers acts to be virtuous, good, and sincere, by associating them with the moral law coming from within the person, rather than weighing the acts on some external principle, lying outside the person. Similarly, profession al sincerity cannot be measured by a parameter defined by the external world; instead, sincerity will be measured by the person’s own good nature. The Kantian model helps us understand how professionals can generate professional sincerity or good will.... Professional sincerity has also got the same philosophy. When Kantian sincerity works with professional ethics, it becomes a part and parcel for the progress of an organization. Also, when this sincerity, which is valued by a person’s internal good will, is also recognized as a precious asset by the outside world, this is the point when sincerity achieves its milestone in the chain of human progress. This sincerity also plays an important role in Confucian process of moralization. Palmquist (2010:633) states that: The centrality of sincerity can be seen even more clearly when we take it to be primarily a quality of the will and when we compare the sincere will with the Kantian good will. As Kant says (4:392-3): â€Å"Nothing in the world- indeed nothing even beyond the world- can possibly be conceived which could be called good without qualification except a good will. Hence, Kantian sincere will brings the self in agreement with the dao; and since dao is good without qualifi cation, in the same way, sincerity is also good without qualification. Kantian model also states that sincerity is the Way of Heaven; and to achieve this sincerity is the way of man. And whosoever is easily walking on the Way of Heaven led by sincerity, is the one who can be called a sage. Kantian model describes a sage as a person who has got a perfectly manufactured good will. A Sage’s good will is absolutely sincere, and thus, it can also be related to holy will, guided by sincerity on the Way of Heaven (Palmquist 2010:636). 3. Professional Ethics Kantian ethics describe that those acts should be considered as right which seek our good will. We know that the accomplishment of an organization depends mainly on value-based actions and decisions. Value-based actions and

Workplace Risk Case Study Example | Topics and Well Written Essays - 500 words

Workplace Risk - Case Study Example The Court of Appeal agreed with the trial court, that the movement of the reel was caused by a gravity risk and the failure to provide adequate device for safety was the main cause of the injury. In addition, the reel had to be moved from a high to a low elevator and the danger that was supposed to be guarded against came about from the force of the reel. The plaintiffs’ injury was as a result of a direct consequence of the reel going downstairs as if he was positioned in the reel’s path (Victor Vs New York Exchange, Case no 197). As a result, he suffered from an injury that was elevation related while acting as a counterweight pulley to descend an 800 pound reel down stairs. He is said to have been dragged into the make shift pulley when the reel rapidly descended downstairs. The question was whether the plaintiff injury was as a result of a direct consequence of failure to have adequate protection against such a risk that arose from physically differential elevation. 240(1), of labor law claims that a liability strict statute was designed to prevent accidents where protection devices of the above enumerated injury of the statute proved to be insufficient to shield the plaintiff from any injury that occurred from the force of gravity to the reel. Nevertheless, since the plaintiff was injured while trying to descend following the reels path, he is entitled to recover under section 240(1), and should not be denied any legal course. The differential elevation was not seen as de minimis, because the weight of th e reel and the amount of force it had was enough to generate the course of a short descent, as well as cause harm to the worker (Victor Vs New York Exchange, Case no 197). The trial courts showed that the worker was indeed injured, in addition to suffering from permanent and serious injuries on both his hands while trying to descend the reel downstairs, as well as installing defendant power

Hafford furniture Essay Example for Free

Hafford furniture Essay A Crisis at Hafford Furniture: Cloud Computing Case study MMBA 507 Student ID: 300333323 PROBLEM DESCRIPTION Hafford Furniture was a furniture manufacturer since 1970, supplying to furniture retailers, wholesalers and occasionally one-time bulk purchasers across the United States. Hafford relied on a Business Information System (BIS) to handle all the internal business processes. The BIS was seamlessly connected to a VAN-based EDI system, which served as the customer’s interface for making orders. In 2008, Hafford’s entire IT infrastructure and data storage were destroyed by a massive hurricane. Hafford was able to restore the company data with its disaster recovery plan, but not all its IT function. In March 2009, VP of IT proposed in a management meeting to adopt SaaS cloud solution to restore the IT function. Hafford could access to the same BIS without having to worry about the cost to rebuild another IT data centre. He projected that the IT staff strength could be halved, as the cloud vendor would take care of the management of the software’s platform and its infrastructure. The next day, the president of Hafford ignored the internal decision-making protocol and contracted their disaster recovery vendor, PFI Services for that same cloud service. In January 2010, Hafford was faced with appalling sales report for the year before, mostly caused by bottlenecks in the ordering system supported by PFI. Not only was the cloud capability insufficient, PFI was also filing for bankruptcy and undergoing liquidation. Hafford once again fell into a desperate situation. REVIEW OF KEY ISSUES Management issues Lack of Corporate governance The weak corporate governance in Hafford is especially notable in the fundamental change process. While there was an internal policy for creating a fundamental change in Hafford (Fig 1), Feckle, the President, had ignored it by entering into a cloud contract without consulting any of his top management, just one day after the premature proposal was shared with him. It was extremely risky to make such a significant business decision without sufficient knowledge in the service that he engaged. To make a well-informed decision, Feckle should have adhered to the corporate policy and trusted the IT professionals to evaluate and recommend a suitable vendor. Figure 1 Fundamental change policy 2. Failure to think critically during decision-making It is understood that Hafford used to adopt a VAN-based EDI-system specifically due to its security, despite it being slower and more costly. In Norris’ proposal for using cloud, he altered the company’s priority by pushing for an internet-based EDI-system, without providing solid justification. Questions like â€Å"will the internet-based EDI change the business in any way?† or â€Å"will it compromise customers’ security? † were not asked. The management seemed to have accepted this change too easily, without understanding its impacts. This concern should have been analysed more thoroughly before concluding to transit to an internet-based EDI-system. 3. Poor understanding of business needs The IT obj ective was not fully aligned with the business objectives. For example, in 2009, while the company was expecting a 30-35% increase in sales due to the efforts in a series of product improvements, the IT team was preparing a cloud proposal to the company basing only on the old IT functions. It had missed out on considering how it could support an explosive sales surge. Furthermore, Hafford was switching its VAN-based EDI to an internet-based EDI, which could potentially allow Hafford to widen its reach to attract a new group of SME customers. This could play a part in increasing their sales. However, Hafford did not foresee these changes, likely due to lack of communication between departments within Hafford. IT issues 1. Lack of thorough analysis in cloud computing The IT team failed to conduct due diligence in exploring all possible solutions that could meet its needs. While cloud offered great advantages for the company, it might have been too hasty to consider only private cloud as the final solution. In fact, public, private or hybrid cloud offered different potentials and could achieve the goal within competitive cost as well. The IT team should also have analysed each cloud model against its business needs before determining if software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS) or a combination of services would work best. 2. Lack of on-going management While cloud is said to be flexible, it demands some level of active management to harness the most of it after implementation. The IT team should be able to react quickly to resolve problems like the order bottleneck or a data lock-in. Besides, the IT team should have been more vigilant in ensuring business continuity for the company. RECOMMENDATION The key failure observed in the case was the lack of understanding in cloud computing and the lack of communication in the company. Like any other business decisions, the management should have exercised prudence by developing clear objectives and analysing the opportunities and threats before arriving at its conclusion. In this section, a recommended methodology to approach Hafford’s IT restoral problem is presented. Step 1. To develop business objectives The most important step is to approach a business problem with a clear business objective. It will be necessary for the management to look at the restoral of the IT centre as a collaborative business problem. Communication within the organisation is crucial in aligning all the stakeholders’ goals. With effective teamwork, the IT will appreciate the business values better and be able to analyse the suitability of various options. Step 2. To compare various viable options The IT team should research on what the available solutions are, before zeroing into a particular infrastructure option. While the restoral of a physical data centre may be expensive, there may be payment structures that could help reduce the impact. On the other hand, cloud computing may appear cheaper but it inextricably exposes users to a range of risks, especially in the aspect of security. Also, there are hybrid options that can minimise risk while offering cost benefit. In short, the IT team should fully understand the merits and shortcomings of the following options before selecting the IT infrastructure. 1. Public cloud 2. Hybrid cloud 3. Private cloud 4. Public cloud – Physical data centre 5. Physical data centre Step 3. To choose the suitable cloud service model There are three common service models in cloud computing. It is important to evaluate each model’s attributes and determine which cloud model would be more suitable for the business needs. 1. Software as a service (SaaS) To understand threats and opportunities of cloud computing Cloud computing offers the following powerful advantages but also opens a gateway to a wide range of threats. 1. Elasticity Usage-based pricing model, charging users only for the capacity used Scalability in terms of network and speed depending on demand 2. Simplicity Setting up and maintaining a data centre can take significant manpower. Cloud computing offers convenient and economical business solutions to clients, while taking advantage of the economy of scale by taking care of one specialised area in bulk. 3. Cost-efficiency No capital cost required. Companies benefit from the transference of risk (of over-provisioning and under-provisioning) of investing in a private data centre. While accepting these benefits from cloud, users should also exercise due diligence by being aware of all the possible problems cloud computing brings. Some of the crucial problems are outlined as follows. 1. Business continuity There is always a risk with placing valuable business information with a single third party. As such, the best way to go about is to even out the risk by employing multiple cloud providers and devising a business continuity strategy should any of them fail. Data lock-in It would be risky for a company to be unable to easily extract their data and programmes from one cloud provider to another due to compatibility issues of the programme and data from one cloud provider. In order to mitigate this risk, SaaS developer could use standardised API so that the business can remain flexible and mobile. 3. Data security While most cloud providers invest a considerable amount of attention on managing security, users should assess the security standards adopted by the cloud provider against their requirements before engaging it. 4. Insufficient capacity Although it is said that cloud is scalable, in rare occasions, businesses may experience traffic surges beyond what their contracted cloud can offer. Hence, it is important to strategize carefully before deciding on the cloud service. Step 5. Choosing the cloud vendor After thorough analysis and establishing a clear description for the cloud service needed, the user will have to evaluate the following factors to arrive at the most suitable vendor. 1. Pricing structure While cloud vendors typically follow a pay-as-you-use pricing model, pricing structure varies. For example, Google AppEngine charges users by the cycles used while AWS charges by the hour for the number of instances the user occupied. 2. Security Users need to look at a cloud service’s physical as well as network security. This refers to the physical location the cloud provider houses its equipment and network security measures like firewall and data encryption. Also, a cloud provider should be compliant to government standards specific to your business. In the case of Hafford Furniture, it was an auditing requirement for Hafford to ensure the cloud vendor is compliant with Statement on Auditing Standard No.70. 3. Other factors A clean record does not promise anything, it would be beneficial to also look at the vendor’s track record against available benchmark systems. Also, it would be helpful to have a vendor that can provide reasonably good service. Hence, it is important to know about the extent of customer support services, the setting up process and the ser vicing response and resolution time. Step 6. Engagement of cloud vendor and getting started During cloud rollout, especially from a different sort of data management, it would be common to face various teething problems. Cloud vendor should try to achieve seamless implementation, and companies might need to prepare their staff and/or customers should it affect their routine jobs significantly. Step 7. On-going active management of the cloud service Internal IT team should be continuously vigilant towards possible threats to ensure that the cloud service adopted by the company is safe and secure. Active backups of data must not be neglected. Also, internal feedback reviews could help the IT team understand the possible difficulties faced by the users, and also stay up to date with the company’s business initiatives.

Neal Stephensons Snow Crash Essay -- Neal Stephenson Snow Crash Essay

Neal Stephenson's Snow Crash In Snow Crash, a novel by Neal Stephenson, Stephenson examines how expanding technology affects a society. He introduces us to a world where a computer virus is altering people's minds, and where they have no control over themselves. He vividly describes how Hiro, the protagonist, must fight the virus to save the future of the world.   Ã‚  Ã‚  Ã‚  Ã‚  Technology is expanding everyday. Our society has grown and expanded and has become extremely powerful because of new technologies. People are learning how to use computers in place of their tasks. The Internet is a prime example is of expanding technology. One can obtain yesterday's and today's news, listen to music, talk to a friend over seas, view pornography, and countless other things in the privacy of one's home via the Internet. There is no way to really regulate what is on the Internet. Essentially, the government has no place on the Internet. This world is free of from laws. As society moves closer to advanced technology, the government becomes removed. There is no way for them to regulate society's actions once everything is computer based. In Snow Crash, Stephenson creates the Metaverse. In this society no laws exist.   Ã‚  Ã‚  Ã‚  Ã‚  Hiro, the Protagonist, is the narrator of the novel. As Hiro tells the story, there is no form of government anymore. The government has long been over, and has been replaced by individual corporations with their own sets of rules. There were many corporations, Mr. Lee's Greater Hong Kong being one of them, where one could be a citizen and apply for a passport. Mr. Lee owned franchises in Hong Kong and people needed a passport in order to get into Greater Hong Kong (p.99). Information was vital to these corporations. Mr. Lee's Greater Hong Kong asked people to share information with them if the person decided to join the corporation and become partners (p.99). Hiro worked for the CIC (Central Intelligence Agency), where he got interesting information-gossip, videotape, audiotape, or a computer disc concerning different corporations. Large corporations, or any person interested in something he found, paid him for use of the information and used it to their advantag e (p.22).   Ã‚  Ã‚  Ã‚  Ã‚  As well as working for he CIC, Hiro is a freelance hacker. He is one of the creators of the Metaverse. The Metaverse is "virtual reality." People here are represented by a pie... ... the Internet, you can have an e-mail address which can essentially take the place of regular mail as well as the telephone. With all the technology today, the Internet is still off-limits to certain people. Everyone does not own a computer and because of this, everyone is not computer literate. Mostly middle and upper class people have their own laptops, or computers, and are able to pay for Internet service. Other people, like student's who use their schools computers or people who go to libraries, are forced to use whatever equipment is available, which is, in most cases, not top of the line and sometimes may or may not have the Internet. Soon this world will be computer-based and if you do not have your own computer or at least access to one, you will be behind. The Internet is an important part of computers considering the many uses it offers. Stephenson foretells how the future for today could be if we allow all these new technologies to take over our lives. Everyone must learn how to incorporate new technology into their lives without letting it consume them, even though it will still consume many. Once it consumes you , you are pretty much a victim of Snow Crash.

Coffee Trends in Singapore Essay

†¢In 2011, the total volume growth of coffee was 5%, which was a similar trend as in 2010 due to the continuous strong economic growth in Singapore. Due to the high density of on-trade channels including chained local coffee shops such as Ya Kun Kaya Toast and Old Town White Coffee and chained Western-style specialised coffee shops such as Starbucks and Gloria Jean’s Coffee, coffee drinking culture has penetrated into the Singaporean market. The manufacturers have also launched high-quality products in the off-trade channel. Hence, consumers are seeking to have the authentic high-quality brewed coffee at home. COMPETITIVE LANDSCAPE †¢Nestlà © Singapore Pte Ltd continued to post the leading position in terms of off-trade value sales with a 40% value share. This success could be attributed to its constant research and development as well as the frequent promotional campaigns due to the companies’ economic scale, which can keep attracting the consumers. Due to the companies’ global strong presence, the company develops not only instant coffee products but also enhances the fresh coffee category by introducing the coffee machines and fresh coffee pods such as Nespresso and Nescafà © Dolce Gusto. PROSPECTS †¢Total volume of coffee is expected to increase by 2% CAGR over the foreacst period. Considering the review period, this growth is slightly conservative, which reflects the current uncertain global economic condition. Although local consumers are becoming more affluent and have more disposable income, their consumption patterns are likely to follow the economic outlook in Singapore, which will reflect, in particular, the growth in on-trade volume.

Macroeconomics in US

US Economy is a mixed economy where the private sector plays a major role in economic activity and the role of government is minimal compared to other industrialized countries like Great Britain, Germany, France, Spain, Netherlands, Scandinavian Countries and East European countries. However after the Great depression in1930’s the government at least used monetary and fiscal policy to achieve the macroeconomic objectives of full-employment, price stability External balance and non-inflationary economic growth. However the reliance on the above macroeconomic policy varied from one administration to the next after world war II as well the orientation towards fiscal and monetary policy to control or stabilize the economy or in other words there is controversy among economist whether the fiscal and monetary policy will actually work in practice and to the extent to its effectiveness in stabilizing the economy or whether these policies may be counter productive to the market economies and the causes of economic cycles and explanation of the causes of the great depression at least among US economist or among economist in general. However even with these controversies and differing perspectives how the economic variables relate and the differing confidence of market mechanisms to come to equilibrium at full employment if the market is allowed to work without any interference the monetary authorities intervene in the economy to correct market failure and other externalities or for some political and welfare reasons. In this context it is necessary to consider the effectiveness of these policies in the context of empirical evidence and give due  consideration of the structural or institutional framework and the market conditions particularly the labor market conditions in US in goods markets as well as in the financial market structure and workings within the context of global economic interdependencies between economies in the contemporary economic climate as well as how the agents react or form expectation about inflation as well as the political imperatives influencing policy orientation in US. In macroeconomic policy development in the context of the US political institutional structure and political process as well as the probability of economic shocks and political shocks in other parts and how these affects the occurrence of   volatility in economic performance and the current concerns of environmental issues and the cost and benefits and the impact of regulation on the level of economic activity and the rate of economic growth fluctuation and its predictability or uncertainty in forecasting economic outlook for short, medium term . As well the cost of oil and the political instability in the middle east and how the energy issue is addressed in US by the market mechanism will definitely affect the economic performance in a macroeconomic perspective for US in the future and the importance or other wise of macroeconomic policies or the status of macroeconomics in general as opposed to neoclassical economics or microeconomics foundation or neoclassical monetarist perspectives and less preference to fiscal policies and micro economic reform or supply-side economics and minimal interference by government in the market operation. The effectiveness of Fiscal and Monetary policy in US In context of US economic system and the flexibility of markets to responds to changes in demand and supply and other economic information particularly the labor market flexibility in the US compared to other industrialized countries and historically less preference of economic agents for government to be interfere in the market and in its political institutions suggests that rational expectation theory may be mostly applicable to US and there fore the effectiveness of Fiscal and monetary policy may be less effective in US compared to other industrialized countries and microeconomic reform polices and neoclassical monetary theory may be most applicable in the US context. However the expectation formation in reality is not completely rational and adaptation may also be not rational completely and there fore at least in short term monetary policy may be effective in controlling the rate of inflation in the context of US economy and keep the inflation target at optimum level. In practice the monetary and fiscal policy has time lag to work in practice and there fore if they are used to stabilize the economy because of the time lag it takes to work it may increase the cyclical boom bust pattern of economic development and there fore loose its credibility particularly the discretionary fiscal and monetary policy in reducing unemployment or controlling inflation. Or it may be achieving low unemployment at a very high rate of inflation or low inflation at a high level of  unemployment in the short term and in long term the economy will move towards the original level because of the market incorporates all expectation rationally and moves to  the non-accelerated Inflation rate of unemployment (NAIRU) as well flexibility in the labor market to a greater extent because of less stringent regulation of labor market in US compared to say for example Germany or other advanced European economies. However fiscal, and monetary policy has worked in short term in context of high unemployment at least after the great depression for some time in the 1990’s and still has a role to play at least to control inflation and response to inflationary shocks by monetary policy. In summary given the empirical evidence and the market characteristics of US and the Institutional frame work politically and socially the macroeconomic polices effectiveness suggests in practice to be less effective in US context. Conclusion As discussed above in US Macroeconomics is considered at least in terms of its usefulness to some extent achieve its macroeconomic objectives. However the effectiveness of such policies and the controversy among economists in regards to trade –off between economic variables and its relationships in US context reduces its importance and move towards to microeconomic foundations of Says Low or neo macroeconomic foundations and far from Keynesian Economics of fiscal policy particularly the discretionary fiscal policy and deficit financing to reduce unemployment because of market failure. This to some extent due to Friedman monetary revolution in US and  cased doubt about the inflationary outcomes of fiscal policy and crowding out effect and its impact on interest rat and its effect on investment level and there fore not increasing output and employment level but on prices. In addition as discussed above due to the political institutional structure and expectation formation in US the macroeconomic  foundations are contentious in US. In addition the flexibility of labor market and other markets in US suggests that market may work in an opposite direction to nullify the impact of these policies on macro economic variables such as employment level and inflation and increases the adoption of microeconomic reform and supply-side economics to address economic growth, unemployment, price stability and external balance rather than only relying on macroeconomic policies and macroeconomic theories which has many controversies and diverse policy prescriptions to address any macroeconomic objective and the trade-off between these objectives and the relationships between economic variables. Given the macroeconomic knowledge how an economy works is incomplete and its predicts are far from certain. There foe given the arguments and the discussion it can be said macroeconomics in US has a role to play in formulating polices in the future however given the practical issues of macroeconomic policy effectiveness micro foundations of economy may become important in the future in context of US market conditions and flexibility as well as how expectations are formed and adaptations of expectations in practice and political institutional and political orientation towards a free market perspective. Bibliography Brayton. F, Mauskpf. E, Reifschneider. D, Tinsley. P, Williams. J. (1997). The Role of Expectations in FRB/US macroeconomic model. Federal Reserve Bulletin. Retrieved March, 2, 2007, from http://findarticles.com/p/articles/mi_m4126/is_n4_v83/ai_19405190 Federal Reserve Bank of San Francisco. (1997). What is the Optimal Rate of Inflation?. Federal Reserve Bank of San Francisco. Reteived march 2, 2007, from http://www.frbsf.org/econrsrch/wklyltr/el97-27.html Fiscal and monetary policy – comparisons (n.d). Retrieved March 2, 2007, from http://www.tutor2u.net/economics/content/topics/fiscalpolicy/fiscal_monetary_comparison.htm Palley. T. (1998). Zero is not the Optimal rate of Inflation. Challenge, 41, 1, Retrieved March 2, 2007, from http://www.questia.com/PM.qst?a=o&d=5001329648 Roach.S. (2006). Global economy, Chinese economic policy, US hosing slump, Money Week. Retrieved March 2, 2007, from http://www.moneyweek.com/file/21503/the-two-key-issues-facing-the-global-economy.html                           

Meiosis vs. Mitosis essays

Meiosis vs. Mitosis essays Major Comparisons Between Meiosis and Mitosis The two processes of nuclear division are similar as in they allow cells to divide and reproduce, but they also have many differences. Meiosis is the type of nuclear division that occurs in sexually reproducing organisms. In meiosis, the diploid number of chromosomes is reduced to the haploid number. Gametes have the haploid number, while zygotes have the diploid number. The homologous chromosomes that appear in the zygote look alike and have the same length and centromere position, but the genes they hold may be for opposing traits. After duplication, the homologues become sister chromatids that are joined together at the centromere. Meiosis also has two cell divisions, meiosis I and meiosis II. Synapsis occurs at the start of meiosis I. The lining up of the homologues results in a bivalent, two homologous chromosomes that stay together during the initial phases of meiosis I. After synapsis, the homologous chromosomes separate and the daughter cells have one copy of each kind of chromosome. During meiosis II, the daughter chromosomes move to opposite poles, leaving the chromosomes with only one chromatid each. The main purpose of meiosis is to keep the chromosome number constant generation after generation. If not for meiosis, the chromosome number would continue to increase inevitably. It also ensures that genetic recombination will occur. Genetic recombination makes it so that offspring do not have the same combination of genes as their parents. One way this is achieved is through crossing-over. Crossing-over is the process of distribution of the homologues to different daughter cells during synapsis. The genetic instructions from a mother and father are mixed and the joined chromatids are no longer identical. The other key way for genetic recombination to occur is through independent assortment. When homologues align at the metaphase plate, the mate ...

Grand Bargain - Details and Explanation

Grand Bargain - Details and Explanation The term grand bargain is used to describe a potential agreement between President Barack Obama and congressional leaders in late 2012 on how to curb spending and reduce the national debt while avoiding steep automatic spending cuts known as sequestration or the fiscal cliff set to take place the following year to some of the most important programs in the United States. The idea of a grand bargain had been around since 2011 but the real potential emerged following the 2012 presidential election, in which voters returned many of the same leaders to Washington, including Obama and some of his fiercest critics in Congress. The looming fiscal crisis combined with a polarized House and Senate provided high drama in the final weeks of 2012 as lawmakers worked to avoid the sequestration cuts. Details of the Grand Bargain The term grand bargain was used because it would be a bipartisan agreement between the Democratic president and Republican leaders in the House of Representatives, who had been gridlocked on policy proposals during his first term in the White House. Among the programs that could be targeted for substantial cuts in a grand bargain are the so-called entitlement programs: Medicare, Medicaid and Social Security. Democrats who resisted such cuts would agree to them if Republicans, in return, sign off on higher taxes on certain high-income wage-earners much like the Buffett Rule would have imposed. History of the Grand Bargain The grand bargain on debt reduction first emerged during Obamas first term in the White House. But negotiations over the details of such a plan unraveled in the summer of 2011 and never began in earnest until after the 2012 presidential election. The disagreements in the first round of negotiations reportedly were the insistence by Obama and the Democrats on a certain level of new tax revenue. Republicans, particularly more conservative members of Congress, were said to have vigorously opposed raising taxes beyond a certain amount, reportedly some $800 million worth of new revenue. But following Obamas re-election, House Speaker John Boehner of Ohio appeared to signal a willingness to accept higher taxes in return for cuts to entitlement programs. In order to garner Republican support for new revenues, the President must be willing to reduce spending and shore up the entitlement programs that are the primary drivers of our debt, Boehner told reporters following the election. We’re closer than anyone thinks to the critical mass needed legislatively to get tax reform done. Opposition to the Grand Bargain Many Democrats and liberals expressed skepticism over Boehners offer, and restated their opposition to cuts in Medicare, Medicaid and Social Security. They argued that Obamas decisive victory allowed him a certain mandate on maintaining the nations social programs and safety nets. They also claimed the cuts in combination with the expiration of both the Bush-era tax cuts and payroll-tax cuts in 2013 could send the country back into a recession. The liberal economic Paul Krugman, writing in The New York Times, argued that Obama should not easily accept the Republican offer of a new grand bargain: President Obama has to make a decision, almost immediately, about how to deal with continuing Republican obstruction. How far should he go in accommodating the G.O.P.’s demands? My answer is, not far at all. Mr. Obama should hang tough, declaring himself willing, if necessary, to hold his ground even at the cost of letting his opponents inflict damage on a still-shaky economy. And this is definitely no time to negotiate a grand bargain on the budget that snatches defeat from the jaws of victory.

Korean American Media Essay Example | Topics and Well Written Essays - 750 words

Korean American Media - Essay Example That was the reaction that went viral when word spread about the making of K-Town in Los Angeles’ Korea town. Even the Korean American greybeards were afraid that this show would make them look bad.K Town’s executive producer, Mike Le, was amazed at how fast the rumor went before they produced anything. This excitement and media coverage illustrate the thrill felt by the world feels, as if they were not expecting such a show to be released. This gave the production crew the much-needed morale to provide quality production, as they enjoyed media coverage before the show’s release. Magazines like the New York Times, Los Angeles Times, and New York Post. Even SNL and Chelsea Lately covered the story of KTown’s release (Yang, 2012). Soon, Hollywood also got wind of this upcoming reality show, and two prestigious networks were battling over airing of the show. However, things did not work out from there on. This was until LOUD’s newly launched YouTube ch annel aired no holds barred online edition of KTown. The show was described as buzz worthy and high impact. From the cast and character development in K Town, it is evident that its production is aimed at challenging some of the existing stereotypes of Korean Americans. ... This leads to a series of vengeance, betrayal, and romance. This depiction contradicts the model minority stereotype. This is according to an article by Yang Jeff, ‘Tough Times for Tiger Mom as Asian America Meets Jersey Shore’ that was posted in Speakeasy on July 17, 2012.K Town portrays Korean Americans as partygoers, with theimmense preference to the nightlife of Korea town. In this show, both men and women party together and the men are portrayed asflirtatious and fighters.This is contrary to the known stereotype that Korean Americans are conservatives and with good morals. They do not publically display affection like kissing, and they are faithful, sticking to one partner. Furthermore, Korean American women have always been assumedconservative as opposed to outgoing. Their women do not indulge in public drinking, let alone with men. However, K Town’s Scarlet and Jowe both go out, and get seriously drunk after which Jowe starts flirting with other girls. Anot her stereotype is that Koreans mind about their perception and image they portray to the world. Because of this, the show was met by some criticism since the Korean community was afraid of negative depiction of their culture to the world (Wang, 2012). And indeed, the show portrayed the side of Korea’ nightlife that they are not comfortable with exposing to the world. As such, K Town was described as an Asian version of America’s Jersey show. It should be noted that these criticisms do not imply that such occurrences do not happen in Korea. Far from it, they do happen but most Korean K Town critics object because of public exposure. This is according to another article titled ‘The Altered Reality of K