The Problem of Monopolies

Monopolies develop according to the definite monopoly market structure which is discussed by economists as opposite to the competitive market because only one seller controls the industry.Advertising We will write a custom essay sample on The Problem of Monopolies specifically for you for only $16.05 $11/page Learn More A company can be described as a pure monopoly when it is a single seller of certain products or services within the market, when it is a price maker, the barriers to entry are high, and there are no close substitutes for products. The development of a monopoly within the industry creates conditions which can characterize the imperfect competition based on the absence of the other sellers. Moreover, the lack of the substitutes is observed, and the company becomes a monopoly within the market (McConnell, Brue, Flynn, 2012). Microsoft is the leading producer of operating systems for personal computers and different types of software in the USA. This leading position is often discussed as an attempt to receive the status of a monopoly within the market in order to gain the high economic profits typical for monopolies oriented to innovations. The recent situation in the market of the computer software is rather controversial. It can be explained basing on the idea that Microsoft tried to gain the market power several years ago. Microsoft took the leading position within the industry in the 1990s when the most successful variants of the Windows operating system for personal computers were worked out. Moreover, the company presented the effective applications software, and the majority of the personal computers’ users began to utilize the Windows operating system. Microsoft Office and Outlook also became popular with the users due to the fact the possible alternatives could not be discussed as the appropriate substitutes for the products and services provided by Microsoft. For instance, the operating system Microso ft Windows 95 was effectively utilized by over than 80% users in the USA because their computers were Intel based (Bittlingmayer Hazlett, 2000). Thus, the situation was discussed by the government as critical because of Microsoft’s possibility to develop into the monopoly with maintaining the control over the market. Microsoft had to change strategies of presenting the products and attracting the buyers after the investigations conducted in 1994 and 1997 in order to address the government’s requirements. The advantages of Microsoft are in the fact the company regularly presents the technologically innovative products which have no substitutes within the market because of their high quality and originality. From this point, Microsoft’s strategy is based on the active usage of the technological development’s results.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Moreover, the company is regulated with references to the effective strategic marketing techniques in order to attract more customers (Bittlingmayer Hazlett, 2000). According to these points, Microsoft supports its leading position and contributes to developing the controversial question of monopolization of the market. Thus, the leading position of Microsoft depends on the high standards and quality of the products. The market occupied by the company is so expanded that there are significant barriers to entry which are the company’s ownership, peculiarities of pricing, and legal aspects. As a result, customers have no access to any relevant alternative products (McConnell, Brue, Flynn, 2012). Today, the activity of Microsoft in developing the operating systems should be discussed with references to such competitors as the producers of iOS for Apple and Linux Operating System. Limiting the possibilities for the competitors’ entries into the market, monopolies contro l the industry and develop monopoly pricing, maximizing the profits. Moreover, these processes are associated with the factor of a downward sloping demand curve which is typical for monopolies. From this point, monopolies are not discussed by economists as the effective way for a company to develop within the industry (Kahn, 1999; Krugman Wells, 2009). Nevertheless, not all the monopolies are bad. For instance, a natural monopoly does not influence the progress of the market negatively because it depends on the system of the fixed costs. Moreover, not all the monopolies are bad because of the definite support provided by the government. That is why, government monopolies can be discussed as good monopolies or legal monopolies. However, the government can regulate and control not many monopolies. The U.S. Postal Service is the legal monopoly developed in the country because the activity of the company is controlled by the government, and the specific functions can be realized only b y the U.S. Postal Service (Krugman Wells, 2009). It is possible to conclude that monopolies challenge the principle of the perfect competition and can be discussed as the negative factor for the industry and market’s development. Nevertheless, such types of monopolies as natural monopolies based on the large economies of scale and constant marginal costs which can be less than average ones and legal monopolies which are characterized by the government’s control should not be discussed as absolutely negative structures because they develop according to the specific principles. Economists agree that the main disadvantages of monopolies are associated with the characteristics of pure monopolies when only one company is a seller within the market with the possibilities to control it and provide the barriers to entry. Furthermore, the monopoly market structure provokes the growth of prices which are often higher than the prices within the competitive markets.Advertising We will write a custom essay sample on The Problem of Monopolies specifically for you for only $16.05 $11/page Learn More References Bittlingmayer, G., Hazlett, T. W. (2000). DOS Kapital: Has antitrust action against Microsoft created value in the computer industry? Journal of Financial Economics, 55, 329-359. Kahn, A. E. (1999). The economics of regulation: Principles and institutions. USA: The MIT Press. Krugman, P., Wells, R. (2009). Economics. USA: Worth Publishers. McConnell, C. R., Brue, S. L., Flynn, S. M. (2012). Economics. USA: McGraw-Hill. This essay on The Problem of Monopolies was written and submitted by user Charlee Knox to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Core and Periphery, Two Types That Make the World

Core and Periphery, Two Types That Make the World The countries of the world can be divided into two major world regions: the core and the periphery. The core includes major world powers and the countries that contain much of the wealth of the planet. The periphery has those countries that are not reaping the benefits of global wealth and globalization. The Theory of Core and Periphery Many reasons exist as to why this global structure has formed, but generally speaking, there are many barriers, physical and political, that prevent the poorer citizens of the world from participating in global relations. The disparity of wealth between core and periphery countries is staggering. Oxfam noted that 82 percent of the worlds 2017 income went to the richest one percent of people. The Core The top 20 countries ranked by the United Nations Human Development Index are all in the core. However, of note is the slowing, stagnant, and occasionally declining population growth of these countries. The opportunities created by these advantages perpetuate a world driven by individuals in the core. People in positions of power and influence around the world are often brought up or educated in the core (nearly 90 percent of world leaders have a degree from a Western university). The Periphery The population is skyrocketing in the periphery because of a number of contributing factors, including a limited ability to move and the use of children as a means to support a family, among others. Many people living in rural areas perceive opportunities in cities and take action to migrate there, even though there are not enough jobs or housing to support them. About one billion people now live in slum conditions, the UN estimates, and the majority of population growth around the world is occurring in the periphery. The rural-to-urban migration and high birth rates of the periphery are creating both megacities, urban areas with more than eight million people, and hyper cities, urban areas with more than 20 million people. These cities, such as Mexico City or Manila, have slum areas that can contain up to two million people with little infrastructure, rampant crime, no health care, and massive unemployment. Core-Periphery Roots in Colonialism Industrialized nations played a key role in establishing political regimes during postwar reconstruction. English and the Romance languages remain the state languages for many non-European countries long after their foreign colonists have packed up and gone home. This makes it difficult for anyone brought up speaking a local language to assert him or herself in a Eurocentric world. Also, public policy formed by Western ideas may not provide the best solutions for non-Western countries and their problems. Core-Periphery in Conflict Here are some examples of border clashes between nations of the core and the periphery: The growing fence between the U.S. (core) and Mexico (periphery) to prevent the entrance of unauthorized immigrants.The Demilitarized Zone between North and South Korea.Air and naval patrols on the waters between Australia and Southeast Asia and between the EU and North Africa to keep out unwanted immigrants.The UN-enforced border separating the Turkish north and Greek south of Cyprus, known as the Green Line. The core-periphery model is not limited to a global scale, either. Stark contrasts in wages, opportunities, access to health care, and so on among a local or national population are commonplace. The United States, the quintessential beacon for equality, exhibits some of the most obvious examples. U.S. Census Bureau data estimated that the top 20 percent of wage earners made up roughly 51 percent of all U.S. income in 2016, and the top five percent of earners made 22 percent of all U.S. income. For a local perspective, witness the slums of Anacostia, whose impoverished citizens live a stones throw from the grand marble monuments that represent the power and affluence of Washington, D.C.s central downtown. Although the world may be metaphorically shrinking for the minority in the core, the world maintains a rough and limiting geography for the majority in the periphery.

Internal and external Environments for the oil and gas management Essay

Internal and external Environments for the oil and gas management - Essay Example The theory of peak oil is largely based on Hubbert’s work. He foresaw peak oil production in 48 countries of the U.S. The theory is represented in a bell curve showing the sudden rise in discovery of oil reserves declining gradually as the rate of reservoir discovery slows down. Significant inferences have been made about the peak oil theory. Increase in oil prices will be intensely felt with respect to transportation of energy fuels. Air transport is likely to face a sad demise as it is heavily dependent on oil. Ultimately, the unfortunate picture demonstrates that the tourist-dependent areas will largely suffer because of the fall in the peak. Higher transportation costs signal higher food costs; we are not self-sufficient societies anymore hence, industrial agriculture will suffer. This on the contrary means that the organic foods department will thrive on its own because it is not dependent on oil as much. Peak oil theorists predict the aforementioned possibilities . Expert analysts delve into the evaluation and usefulness of alternative energy sources in the long-run. The alternative sources need to be cost effective; these can be divided into liquid biofuels and other category which involves hydrogen and electricity. Biofuels can easily enter into the transportation market in the next decade. Biofuels have their environmental advantages as well which gives them an edge over petroleum. Experts are still discovering the potential uses of carbon cars, sticks and carrots, hydropower, solar energy etc. The need of the hour is to subsidize agencies and organizations to make efficacious use of these resources (Kopp, 2006). The research analysts studying oil and gas management also focus on the extent to which U.S and other oil producing countries are dependent on OPEC, a prestigious corporation. OPEC plays a major role in determining the prices of oil and

Social Security Essay Example | Topics and Well Written Essays - 1750 words

Social Security - Essay Example Social Contract (representative governance) This describes a model that typically shows cases and questions the origin of the society and the capability of the authority in place of a State over an individual (â€Å"The Social Contract†). â€Å"Man was born free and he is everywhere in chains†. Jean Jacques Rousseau, was the greatest theorists in the areas of social contract and natural rights. According to the belief of Rousseau, freedom was the best method to be used so as to self-maintain an individual. He tried to understand the freedom a person has and why they would subject themselves to the rule of a government rather than their own (â€Å"The Social Contract†). When related to social security, Social contract can form a basis where individuals of a state have a legal right to have access to their pension plans and are subjected to have an equal share of their stipulated benefits. The State despite being the governing body should have the capability to give those dependent on the plan their due right. As related to what Jean Jacques Rousseau states, â€Å"Man was born free and he is everywhere in chains† ( â€Å"The Social Contract†). b) Classical Liberalism (natural rights) This can be described as a political belief where the aim is securing the freedom of the individual by limiting the power of the state. Classic Liberalism in an economic factor can be related to respecting private property and free markets. Classical Liberalism should not be confused with democracy or American liberalism since an individual can be a liberal and not a democrat and socialism is slightly related to socialism (â€Å"Glossary of historical terms: Classical Liberalism†, 2003) Jefferson's Declaration of Independence, â€Å"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men,

Laziness in America Essay Example | Topics and Well Written Essays - 250 words

Laziness in America - Essay Example Now with schedules, work days running longer, various appointments, and after school activities, families are lucky if they have a frozen dinner in front of the television (the meal is not necessarily shared together). Children who once played outside for hours now have to be forced outside because they are more concerned about their cell phones, computers, and iPods. There is nothing that we could have done to prevent these changes. In a sense, it was destiny. We were bound to eventually evolve, change, and grow according to our lifestyles. The bigger this country gets, the more space we need, so houses are built bigger, cars are now SUVs, and families are having more children. Our demand for convenience have increased, bringing with it the need for fast food since we no longer have time to cook; restaurants even have drive through windows. Popularity in one-stop shopping grew, so now we can get in and out of a store, becoming more accomplished in our shopping. Computers are replaci ng not only people but many of the jobs that people once did by hand. Over the past fifty years, so much has changed. I remember the days when this technology did not exist and we seemed to manage just fine. This may cause problems for those who are becoming too dependent and relying on technology and things made ready to use with ease.

Genetic Polydactyly Disorder

Genetic Polydactyly Disorder Genetic Disorders Project Polydactyly Polydactyly is a common genetic disorder. It is a when someone with this disorder has an abnormal case of extra digits on their hands and / or feet. This disorder is usually found on the external side of the body. It is not common to be in the inter part of a body. Anyone can have polydactyly, such as animals or humans. There are a couple of ways to treat this disorder. The treatment is usually required for people that are concerned with their extra digits. Also, polydactyly is similar to the other genetic disorder, syndactyly. This genetic disorder affects many people. Polydactyly in the toes, especially the little toe, is a common malformation. It occurs in approximately two in 1,000 births and almost thirty percent of every child with polydactyly have relatives or family members with a particular type of polydactyly, or even syndactyly. Polydactyly refers to having extra digits in the hand and / or feet, extra fingers/ toes, and maybe even thumbs. This disorder is not sex linked and it can affect both males and females, although, males are more commonly affected. It is a dominant gene which means that if a child has a one parent with the trait and the gene, there is a 50% chance that the child will inherit it from the parent. It is sometimes a serious disorder but does not affect life span. You can have treatment for it but there is no prevention for this disorder. The treatment would to be to have a surgical procedure and have it taken off, as your own decision. The surgery for polydactyly is recommended, so if someone that is polydactyl decides to have the surgical procedure done, they usually would do it in their early years such as in there first 3 years at the most. If the parents or guardians decide not to have surgery, the child will most likely have to get used to the fact that they have extra fingers and re alize its ability to adapt to it. If a child has a minor case of polydactyly, the doctor will probably tie it at its base to prevent the flow of blood and the digit will just fall off. A surgeon or doctor would probably recommend having it removed at the first appointment you have scheduled. There are different forms of this genetically related disorder. Some different forms are a small and extra bump on the affected side of the hand. The finger might also be widened. At the end of the fingertips, an extra finger may dangle by a thin and narrow cord, from the hand. And another form or type of polydactyly is when the hand, in which looks very normal except for possibly one extra digit, such as a thumb, and maybe five extra fingers. There are an infinite number of variations for this disorder. Pierre-Louis Moreau de Maupertius (1698-1759) was the person that discovered polydactyly. He explained that the disorder can be found and inherited by the mother or the father. He demonstrated the trait as the result of mutation and provided the first accurate record of the transmission of a dominant trait in humans. It is a dominant trait in some communities. As a group, polydactyly affects mostly African Americans in a community. There are many causes for polydactyly. The causes are sometimes very bad and harmful. Of the many causes, some are rare and some are common. These are some causes: Ellis-van Creveld syndrome (chondroectodermal dysplasia) Carpenter syndrome Trisomy 13 Rubinstein-Taybi syndrome Smith-Lemli-Opitz Laurence-Moon-Biedl syndrome Asphyxiating thoracic dystrophy Yet these causes are not very well known, but, they can be difficult to deal with or handle. Polydactyly occurs in many people and in different types of people. Polydactyly occurs in one out of a thousand births. Usually right after a birth, the doctor or pediatrician suggests that the baby has the extra digit (toe or finger / thumb) surgically taken or removed off. This disorder results and takes place more in males. They are more commonly affected than females are. Also, African Americans are affected more by this disorder. Polydactyly and another genetic disorder called Syndactyly are closely related. To their extent, there are many similarities between the two genetic disorders. Polydactyly starts out as a paddle and then divides or splits into fingers very carefully. Since polydactyly strikes an appearance and arises, extra fingers are formed and created in a different way. In result of syndactyly, the same process is in occurrence and the only dissimilarity is that webbed fingers consequently resolute as an outcome. Webbed fingers are hard to control and cope with. It is hard to get a good grip and hold numerous objects or items. There are many symptoms of polydactyly and being diagnosed with the disorder. The symptoms consist of having more than normal number of digits of either the hand or foot, or having more than five on each hand or foot. The symptoms of polydactyly are: More toes than normal More fingers than normal Extra digit on hand Extra digit on foot Polydactyly is a common trait among cats. It seems that mostly Celtic cats and cats on part of Americas Eastern coast and South West Britain are diagnosed with polydactyly. This makes them polydactyl cats, such as humans that have polydactyly because they are polydactyl humans. Also, natural selection takes place in polydactyly in which it is in ordered form and not by random.

Emotional Disorder Behavior Essay -- essays research papers

Parents today face the dilemma of having a child with emotional or behavioral disorder. For small children, to have it is one thing, but to detect it is another. Since they are still growing up and going through stages such as the â€Å"terrible two’s† and adolescence, you’d think that some of their behavior is normal and it’s all a part of child development. It all depends on how one may look at it. If a small child were to have a severe tantrum and rip their toys apart, one parent may see it as a serious behavioral problem, while another may look at it as their child showing independence or leadership skills. Before seeking mental health assessment, parents must first look at the whole picture. Is the child having social issues at school? Are there any family problems such as divorce or death occurring? Alternatively, may be a specific condition the child has may be affecting their behavior? Whatever the situation may be, parents should first try and un derstand and be aware of the problem that is going on.   Ã‚  Ã‚  Ã‚  Ã‚  All toddlers, behaviors range differently and may be considered normal for their age. Yet, if there is a delay in language development, in which an infant who is unresponsive to his her environment (doesn’t show emotion such as pleasure or fear that is developmentally appropriate, doesn’t look at or reach for objects within reach or respond to environmental changes such as sound or light), who is over-responsive (easily startled, cries), or who s...

A Moment in Your Life in Which You Experienced an Epiphany Essay

Some instances happen in life suddenly change the perception towards life and reality. I also experienced such an incident in my life that entirely changed my view and thinking towards US Natives. Then, I realized the difference between native and foreign and the importance of the native land. Fear, mentality, pressure and psychological impact can be seen easily on the face of foreigners like me. This incident happened when I was studying in graduation just after I finished my schooling in China. This speech describe that moment of my life that changed my vision, thinking and behaviour towards foreigners. Life is based on morals, behaviours, society’s interaction, human values, and cultural environment. The essence of life sometime is understood when some incident happens that change the way of living, attitude or behaviour. Sometime Moving from one place to another is not seemed to be as good as it is at home or native land. The main factors that made impact on me while studying in USA can be discussed as below: Cultural and Religious Difference that changed my perception The difference between cultures in China and USA created huge impact on my life and changed my perception for religious activities and reality. In China the social structure is quite formal and hierarchical and you need to abide the rules but in USAI found that the social structure is quite loose and informal and so it is uncommon to mix with societies and to know each other easily. The religious views are also open in USA but in China the views are consistent and follow the old tradition. These cultural and religious differences impacted my life and my views too much. For example, in China (At my native land) I used to go in societies and there were many people in contact with whom I spent my time but in USA I found bit complex as it was ard to socialize unless you have connection to the societies. It was feeling me like I have reached on another planet and feels bad. It created conflict in the mind to follow the USA culture and religious. The morals in the societies were higher in Chinese societies but it was too less in USA societies. In America the success of any individual in society is lauded but in China it is downplayed. These all things made me nervous and felt me like I am here in the desert of cultural and religious land. The most important thing was that in China, I found that everyone respect and is sensitive to other person but when I moved to USA, I did not get that much respect and not found people sensitive to each other, that really hurt my mind and my self-respect as in USA, the human value is none for others. Political Environment in USA The political environment in the country made impact on my life and my viewpoint towards political environment and relation between native and foreign countries changed a lot. Political and Legal rules and regulations also changed my mind for USA. The Chinese and USA relation is quite complex and multi-faceted. The people in China and USA are not enemies or nor allies which are competition in one area and partner in other areas. The political situations in the USA are quite straight forward than in China because in China the politics is in favour of foreign people but reverse in USA. It led me to face the difficulty while reaching to USA as I was undergone various securities and investigation that made me nervous a lot. I felt like I am treating badly than native people. This was like racism in USA and so I felt bad a lot and it came to my mind that I should not be here anymore. The security people in USA under the investigative laws treat foreigners badly and humiliate them too. Based on these observations it can be said that political environment is not appropriate for foreigners. Freedom of Living and expression It is a right to express the feelings and living freely but that perception changed literally once I reached to USA as none of them was listening and it was like only person on the planet. Being foreign place, it was quite difficult to express inside feelings and to live freely. The people there made a fun of my name and this was not first time there. As reported in PeopleDaily. com, FBI in USA investigated the first Mayor, John Liu in New York City, for 2013. The FBI highly humiliated and said as ‘Loser’ to Mayor, this infers that how badly the people are being treated in USA even who has participation in the USA politics. The same kind of incident happened with Jeremy Lin, the famous NBA basketball star in USA. I was already aware of these incidents but not aware as it really happens and how does it feel to me. When I faced the same thing, I felt that badly and thought it is too bad to go on any foreign land and to expect to receive great respect and welcome from foreigners. Conclusion Small things can impact the human life forever and also change the mind, thinking, behaviour and living environment. This case of racism highly changed my life entirely and my viewpoint towards USA and China. I was just thinking how other race people feel when going to foreign land and receive such kind of behaviour from the local people or from the government. This was really bad experience of my life in USA and hope that it will not be repeated again in future. Other ethnic communities must also not treat like animals but should treat politely as they are humans too. I will say that, the experience was so horrible that I thought to leave USA but slowly –slowly I made myself to bear such problems around me and to complete my graduation. I feel like now I belong to USA not China but not for each and everyone this works and number of people do suicide. Overall, my life changed a lot and I really understand now that how reality is far than the saying.

Tour Report Essay Example

Tour Report Essay Example Tour Report Essay Tour Report Essay This is the report of the most exciting tour we had in the first week of november from our school. The trip was to Shimla. It was a 4 days trip. Shimla is the capital of Northern most state of India, namely Himal Pradesh. On a cold night of november (5 november 2010, Sunday), I and my friends along with the teachers board the flight to Shimla, we all were a little excited, since for most of us it was our first trip through the air. On Saturday moring we reached the Shimla airport. The airport was crowded with the thick mass of touristers who had came to explore the magnificiant creation of god. As this was the biginning of winter, the climate was very cold here. Our English sir, Mr. Murali, instructed us to put on our sweaters. We came out of the Airpot, and moved towards a bus which was provided by the Shimla tourism. The bus started moving and we were first taken to Wildflower hall which is now a luxury hotel, where our food was arranged. The hotel was enough to tell the rich cultural heritage of Shimla. It was nearly noon when we were to visit the most exciting place of interest in Shimla,the Summer hill,It is said that Mahatma Gandhi lived in these quiet surroundings during his visits to Shimla. Himachal Pradesh University is also situated here. We enjoyed 2 days in these hills, in the morning we went to take bath in the nearby river, we were provided with traditional food of Shimal, Baadi and Bada. On the third day we left the Summer hills and went for shopping in the the well-developed malls of Shimla. I along with my friends bought many items of our interests, in which the Shimalian clothes were the most interesting. In the evening we went to a mini zoo in Kufri where rare breed of pheasants and wild animals are kept in natural habitat. Of which the most attracting was the state bird of himachal pradesh the ‘Monal’,it had a colour mixture of black, light green and orange. The other attraction of this zoo are Tibetan wolf, Brown Bear and Barking Deer. The next day, we had an exciting opportunity to visit the Indian Institute of Advanced Study, this magnificent English renaissance structure was the former Vicerega Lodge. Its lawns and woodland added attraction to the visitors. Here entry is by a ticket of minimum charge. A portion of the interior is also open to the public. This building is a symbol of ancient British architecture  in India. On the morning of 9 november 2010, we were to visit our final place of the trip,the ‘Shimla state’ museum. We found a collection of paintings, jewellery and textiles of the region there. We had a great time there. In the evening we boarded our return flait to Nedumbassery. We had a great time in Shimla, we all enjoyed the trip. We hope the school authorities will put forward interesting trips like this in the coming years also.

The eNotes Blog One of These Days, None of These Days Why WeProcrastinate

One of These Days, None of These Days Why WeProcrastinate The Science of Procrastination and How to Manage It Sorry everyone, I meant to post this last week Sound familiar? If youre a human being (and Im betting you are) youll have procrastinated at some point in your life. More likely, youll have procrastinated a lot in your life. But why is that? What is there in our genetic makeup that causes all of us to struggle with procrastination? The duo behind AsapSCIENCE answers that very question. Thankfully, they do so in the form of a YouTube video, which means you can procrastinate your procrastination by watching a video on how not to procrastinate Ah, the delicious irony. Though the psychological causes are still debated, theres a human tendency  to over or underestimate the value of a reward based on its temporal proximity. This is often referred to as temporal discounting. Basically, temporal discounting is a fancy explanation behind why youd rather watch that cute video of a Costa Rican sloth orphanage NOW and write that important research paper LATER. And it gets worse the further away your deadline is. Have a deadline at the end of the term, or even the school year? As it turns out, your weirdly-wired brain currently considers that exam or project of less important for being due further into the future. Human motivation is highly influenced by how imminent a reward is perceived to be, meaning the further away a reward is, the more you discount its value. This is often referred to as present bias or hyperbolic discounting. This is why students cram; you dont realize the value of a high grade until you come close enough to the time that grade will be evaluated. And more often than not, procrastinators will have acted too late to achieve the grade they really want. So theres the science of why. Now, how to keep your procrastination in check 1. How can you counteract present bias? Well, if the root of procrastination lies in the distance you are from your eventual deadline, why not bring that deadline closer? Setting smaller deadlines for yourself that line the way to your ultimate deadline is a good method to avoid last minute scrambling. 2. Immediate reward vs. future rewardso, a reward thats far off in time doesnt hold the same weight as some immediate satisfaction.   The best way to prevent the immediate reward being satisfied by  Facebook  or YouTube is to grant yourself another kind of reward. This could be a snack, a study break, or 15 minutes of browsing time. The important thing is that it has to be immediate. Telling yourself youll enjoy sweetmeats and other luxuries after you receive the grade you want is nice, but it wont stop you from procrastinating before then. 3. Related to the above, you might want to try the Pomodoro technique. This involves the use of a kitchen timer, set at 25 minutes, to improve your stamina for studying over time. You spend a little bit of time on, a little off, and in the process you gain the ability to judge the amount of time and effort youll have to put into each assigned task, thus allowing you to manage your future time more effectively. 4. And if all of that still cant peel you away from distractions, well just uninstall the internet. Seriously. Working writers do this all the time. There are even downloadable programs for it, like Concentrate and StayFocused (both for Chrome) and Leechblock (for Firefox). If you need the Internet to study, dont panic; you can use these programs to temporarily block yourself from the sites most offensive to your study time (because theres no way youre using Facebook and Pinterest to study). Furthermore, if you can practice the art of avoiding procrast Oh hey, look,  another cat video!

Lead like Jesus Essay Example | Topics and Well Written Essays - 500 words

Lead like Jesus - Essay Example In fact, servant leadership involves the understanding of the various issues of selflessness and focus on the team and not the leader. However, self-focused and self-centeredness are issues present in humanity. In fact, individuals tend to focus on their success instead of the success of the team members or members of the community. Therefore, by nature, human beings tend to be focused on themselves and not others. In spite of the challenges of self-centeredness, when a person matures, he learns to understand that the world is not about how much one can get, but how much one can give to others. The concept of service to others is integral in the development of servant leadership, which is a concept developed by Jesus (Blanchard and Hodges 40). The concept revolves around caring for others and having love. Leaders motivated with self-interest tend to place their agendas, status, safety and gratification above those people they influence. In such cases, the leaders become self-serving and not serving leaders. Self-serving leaders view feedback as criticism and a threat to their leadership style (Blanchard and Hodges 41). They do not offer a chance for the members to contribute to the development of organization or team The heart of a servant leader involves being meek, humble and loving. The depiction of love in all issues undertaken including the disciplinary action will ensure harmony in the group. A servant leader must focus on the well-being of others and not him. Jesus in his servant leadership model employed the use of love in handling the diverse issues within the organization. In fact, in all his decisions, he considered the impact of the decisions on his members. For instance, he did not send Judas Iscariot away, but kept him close with other disciples (Blanchard and Hodges 38). The depiction of love to Judas was to help in developing his

Bachalor of Commerce, Knowledge and Organisational Learning Essay

Bachalor of Commerce, Knowledge and Organisational Learning - Essay Example Knowledge management has recently emerged to be a successful management strategy that can help organizations manage the available human capital in the business (Noe and Hollenbeck, 2004, p. 1-3). People in the organization are most valuable assets and therefore recruiting and retaining knowledgeable, skilled, experienced and productive people have become highest priority of modern human resources management. This piece of research paper described knowledge management, as an HRM interdisciplinary and examines how it becomes relevant in today’s business landscape. This paper presents various elements that are relevant in the knowledge management process and examines various strategic perspectives as well as suitable technologies for fostering knowledge management in the business. Knowledge Management As Noe (2002, p. 168) noted, knowledge management is a management process that the performance of a business can be enhanced by designing, implementing and strategically aligning va rious tools, processes, systems, structure and cultures with a view to create and share knowledge among its people and to use for overall business purpose. The very basic three elements included in Knowledge management are 1) creation of the knowledge through some effective strategies, 2) sharing of the created knowledge among people and 3) making it available and useful for any business purpose. Knowledge Management has been found to be useful for the organization as it helps it get the products to the target market quicker, develop innovative ideas, serve the customer well in order to maintain customer loyalty and retention and achieve sustainable competitive advantages. As Boxall and Macky (2009, p. 10) emphasized, knowledge management helps a business achieve high performance working through various strategic processes and organizational development programs. Knowledge Management has emerged to be a management tool that focuses on data, information and knowledge among the employ ees in an organization (Awad and Ghaziri, 2007, p. 26) and encompasses the processes by which experience, skills, expertise, knowledge and abilities are gathered, then shared among the people and utilized so that these can be converted to collective organizational learning process (Foster, 2005, p. 397). Knowledge Management Models Explicit and Tacit Knowledge Knowledge management talks about creating, storing, sharing and utilizing data, information and knowledge either throughout papers, documents and database, or throughout the minds of people. This is a classification of knowledge based on where data and information are stored. When it comes to the management aspects, pure data and pure information have relatively less impact for a manager whereas structured data and information are relatively highly useful and effective measures that can be used to analyze and find solutions to issues (Noe, , 2002, p. 170). Based in the above classification, knowledge management is systematic p rocess and strategic approach for obtaining and making use of knowledge in the business throughout papers or documents or computers as commonly referred as explicit knowledge or sharing and making use of the knowledge throughout the people’s minds as commonly termed as tacit knowledge. To be more specific, KM is managing either explicit knowledge, or tacit knowledge or both together effectively. In managing