Tuesday, January 21, 2020
The Reasons For American Economic Prosperity In The 1920s :: essays research papers
Why was there economic prosperity in American in the 1920ââ¬â¢s? I know that America on itââ¬â¢s surface was prosperous during the 1920ââ¬â¢s. I know this because of the physical signs, and the evidence I have found supporting this concept. Some of the physical signs of the then prosperity are evident today, like the skyscrapers and Empire State building. There were the inventions of manufactured fabrics and materials such as Bakelite, artificial silk and Cellophane. Airlines carried almost half a million passengers a year, which compared to Europe at the same time, was a massive number of people. In this essay I will analyse all the reasons behind the economic prosperity in 1920. World War 1 assisted Americaââ¬â¢s latter prosperity. Throughout the war American industry benefited, because countries that couldnââ¬â¢t buy goods from Europe, did so from America. And along with this Europe bought products from America, products that they werenââ¬â¢t producing while they were fighting. Furthermore, during the First World War, American banks lent money to their European Allies. In the 1920ââ¬â¢s, this was being paid back with interest. The war had also led to advances in technology, such as mechanism and manufactured materials. Production of Iron Ore, coal, petrol and wheat and exportation of chemicals, wheat, iron and steal all had increased considerably by the end of the war. By the end of the war, America had decided to isolate itself from the problems of Europe, and set itself about making the most profit in business. This isolationism built up the confidence of the American people. An increase in personal wealth, demand and output production all helped Americaââ¬â¢s prosperity. Banks were eager to lend money to businesses and individualââ¬â¢s. With this easy money, and the introduction of hire-purchase schemes, the demand for products increased. Consumer spending was incredibly high, which is reflected in the statistic that in 1920 there were 312 department stores, and by 1929 there were 1395. There was a consumer boom. Business profits rose by 80% during this period, which in turn raised share dividends by 65%. Also some women had continued working as they had done through the war. Both of these elements contributed to giving people again, more money to spend. However, the availability of money was not the only reason for increased consumer spending. New inventions such as vacuum cleaners, refrigerators and washing machines became available, and advertising over the popular radio encouraged consumers to spend more on everyday products.
Monday, January 13, 2020
Louise Essay
The story is entitled by a womanââ¬â¢s name, therefore it gives a foreshadowing that the story will be about a woman or a girl named Louise. The first sentence begins with the personal pronoun I, which means that the story is written in the first person. Thus, taking into consideration that the author is a man, even before the reading, it is possible to suppose that the story will be about a woman who has left a great impression about herself. Usually it is a good impression even if it is about a one-way love. Thatââ¬â¢s why from the very beginning the story has surprised me much, because it begins with the sentences: ââ¬Å"I could never understand why Louise bothered with me. She disliked me and I knew that behind my back she seldom lost the opportunity of saying a disagreeable thing about me.â⬠Such statement (she disliked me) is a challenge for a curious reader and makes him read up to the end and find the reasons. Having read the story ââ¬Å"Louiseâ⬠I can say that the main theme of it is the relationships between people. The problem which the author raises is that some people can play on their neighboursââ¬â¢ feelings very easily. They use any possibility to do it. In case of the main character, Louise, it is her mystic heart disease. She could convince everybody, including herself, in its existence and there have not been any attempts to argue, before the narrator has done it. He tells the story in an ironic way, but at first it is a hidden irony. He does not comment on the events, he just presents them. For example, while Louiseââ¬â¢s first husband Tom Maitland wants the narrator to believe in her bad condition and for that oxymoron ââ¬Å"sheââ¬â¢s dreadfully delicateâ⬠and metaphor ââ¬Å"her life hangs on a threadâ⬠are used, the narrator brings the proofs of an absolutely different state of things, using the antithesis in parallel constructions: ââ¬Å"I had noticed that if a party was amusing she could dance till five in the morning, but if it was dull she felt very poorly and Tom had to take her home early.â⬠In such way, without any remark, just using antithesis in order to show how Louiseââ¬â¢s words contradict her actions, the author shows the irony of the situation: ââ¬Å"Of course it will kill me,â⬠she said ââ¬â It didnââ¬â¢t kill her.â⬠ââ¬Å"Her friends asked her why she did not marry again. Oh, with herà heart it was out of the question, she answered ââ¬â A year after Tomââ¬â¢s death, however, she allowed George Hobhouse to lead her to the altar.â⬠The uttered represented speech shows the way of Louiseââ¬â¢s usual behavior and produces the necessary effect on the reader. And even that fact that she always repeated to her husbands that she wouldnââ¬â¢t live long and the fact that she ââ¬Å"outlivedâ⬠both of them produces an ironic effect. I think, it is possible to say that all Louiseââ¬â¢s life is one big antithesis, because she has lived more than forty years softly making other people do what she wants but constantly repeating ââ¬Å"I hate the thought of anyone sacrificing themselves for me.â⬠All people who surrounded her describe her with such epithets: ââ¬Å"a frail, delicate girl with large and melancholy eyesâ⬠, ââ¬Å"dreadfully delicateâ⬠, ââ¬Å"the most gentle wifeâ⬠and no one has ever thought that it was just a mask. Only the narrator has mentioned the possibility of its existence: ââ¬Å"Perhaps she knew that I alone saw her face behind the mask and she hoped that sooner or later I too should take the mask for the face.â⬠And only at the end of the story he reveals his true attitude to her. He expresses his irony about her behavior openly and says: ââ¬Å"I think youââ¬â¢ve carried out a bluff for twenty-five years. I think youââ¬â¢re the most selfish and monstrous woman I have ever known. You ruined the lives of those two unhappy men you married and now youââ¬â¢re going to ruin the life of your daughter.â⬠Again the antithesis is used. Firstly the narrator himself describes her as ââ¬Å"a frail, delicate girl with large and melancholy eyesâ⬠and then from his own words she appears to be ââ¬Å"a selfish and monstrousâ⬠and even ââ¬Å"a devilish womanâ⬠. Only now it is possible to answer why ââ¬Å"Louise botheredâ⬠with the narrator. Only he has seen her real face. The plot structure of the story ââ¬Å"Louiseâ⬠is as following: 1. There is no exposition. The development of the action begins from the first sentence: ââ¬Å"I could never understand why Louise bothered with meâ⬠. 2. The rising action is almost the whole story 3. The climax is in the last dialogue between the narrator and Louise. 4. The falling action is a wedding of Louiseââ¬â¢s daughter 5. The denouement is Louiseââ¬â¢s death.à The elements of plot are ordered chronologically. The line of narration is straight. There are two main characters: Louise and the narrator himself, where Louise is an antagonist and the narrator is a protagonist. There areà also some flat characters such as Tom Maitland, the first husband of Louse; George Hobhouse, her second husband, and her daughter Iris. Making a conclusion, I want to say that this is a true to life story, which can happen anywhere (the author does not even point to a place where the actions have been developing). To my mind, he decided to write this story because Louise really had impressed him much. It seems to me that in some cases he even admires the ability of this woman to make everything in a way she wants it to be done. It produces such effect that she dies at the day of her daughterââ¬â¢s wedding only because she wants to show that she is really ill and has had right that her daughterââ¬â¢s wedding will kill her. I think it is very topical nowadays, because a lot of people wear their masks in order not to show their real faces and intentions.
Sunday, January 5, 2020
Arranged Marriages in India Essay - 1161 Words
In American culture the view on arranged marriages are not looked at very favorably. This is because we have grown up with the knowledge that when it comes time to marry we will have chosen our spouse of our own free will. The match will be a love match and one that is chosen through our own needs. Young men and women in India grow up with an opposite view on marriage. They know that when it comes time to marry their parents will find them a suitable mate and it will be considered scared and a lifelong commitment (Agence France-Presse.) A total of 74 percent of respondents from across India voted in favour of traditional arranged marriages, according to the poll by private television channel NDTV. In the Hindu faith, marriage isâ⬠¦show more contentâ⬠¦In a very small percentage of marriages that may be the case but it is not typical. Young people of the region understand that their parents know them better than anybody else and trust their choices. Matchmakers are a com mon practice in locating suitable mates. The traditional matchmaker in India is referred to as a Nayan. Normally, the nayan is a person that is familiar with the family and could be an involved friend or extended family member. They carry two basic roles: primarily as a locator of leads in relation to matches and secondary as one who negotiates among the family of the two parties involved. Several factors are taken into considering when attempting to locate suitable matches. The two main factors are the social standing of the family of the bride or groom along with reputation and also the dowry involved. When the two parties come to mutual terms regarding the marriage, the nayan can be of assistance in wedding planning and announcements in the community. They are not paid but welcome gifts in exchange for their services performed after the match is made. In modern times with social networking, internet sites are a very common tool used in the search. Control is still in the hands of the parents in suitable choices and it is quite possible for the bride and groom to not even meet prior to their engagement festivities. Dowries are a very important part of the marriage arrangement in India. TheShow MoreRelatedArranged Marriages in India2521 Words à |à 11 PagesArranged marriages in India Arranged marriages continue to be normative in many Asian cultures, such as Japan, India, Korea, and so on (Applbaum, 1995). Specifically, among Hindus in India, they continue to be the most popular form of organizing a marital relationship (Mullatti, 1995). Despite globalization, modernization, and urbanization, the number of arranged marriages continues to outnumber love or self-arranged marriages. In fact, an estimated 95% of all Hindu marriages in IndiaRead MoreArranged Marriage in India Essay1534 Words à |à 7 PagesArranging a Marriage in India Serena Nanda Arranged marriages in Indian society have been the norm for many centuries. Even today, an overwhelming majority of Indian people have their married arranged by their parents, or respected family members.As American we never really contemplate the idea of having someone choose our life-long partner. Thatââ¬â¢s not the case in other nations such as India, arranged marriage in India is a very common practice, yet here in the United States arranged marriages are frownedRead MoreFamily Arranged Marriages in India Versus Self-Arranged Marriages in the United States2331 Words à |à 10 PagesFamily arranged marriages in India versus self-arranged marriages in the United States Marriage has been defined in numerous terms by different cultures. The factors that play into creating a successful, happy marriage are viewed differently by people in different cultures. Family arranged marriage has been the tradition in Indian culture. Modernization, globalization, and urbanization have brought about the concept of self-arranged marriage from Western cultures, such as the United States. DespiteRead MoreA Brief Note On The Movement And Exchange Of Goods, Services And Ideas1471 Words à |à 6 Pagesthe spread of technology. Globalism has brought some benefits and problems. Some of the advantages are: cheaper products for consumers, integration of markets, leads to outsourcing in some cases which can lead to job losses (moving call centers to India), lowering of international barriers, helps prevent market saturation, and standardization of products. However, there are many disadvantages or problems that it has brought. Some of the disadvantages are intense competit ion, widening of the gap betweenRead MoreEssay about Marital Differences between India and the United States1132 Words à |à 5 Pagesmarriages that occur in India and the United States have several dramatic differences. Marriages in India are based solely on parental decisions, whereas in the United States a marriage is based on individualism. Who, why and how the spouse is chosen, is very different in both countries. Most Americans date to discover who their future spouse is going to be, and they know the person very well before marriage. In India, dating is not something that occurs. Most individuals in India do not have anyRead MoreA Study On Arranged Marriages1715 Words à |à 7 PagesProfessor Berger Research Paper Core 7 Arranged Marriages Cultures and countries around the world have differing views on many topics such as whether or not babies should be baptized, vaccinations, abortion and marriages. One topic that has been of controversy and is viewed differently in many countries is marriage and whether or not arranged marriages are better than love marriages. There are several different reasons why people in India believe that arranged marriages are the best; likewise, people inRead MoreMarriage Is An Important Part Of Their Culture And Heritage921 Words à |à 4 PagesMarriage Culture For certain countries arranged marriage is an important part of their culture and heritage. Like in the essay Whatââ¬â¢s Love Got to Do with It? by Anjula Razdan, Anjulaââ¬â¢s family that immigrated to America from the country of India believed in arranged marriage because that was the culture they were a part of before they left India. In India the grandfather chooses who he thinks is the best suitable partner for his grandchild, which is nothing like how Americans choose their life partnersRead MoreMonsoon Wedding Essay633 Words à |à 3 Pages19, 2004 English 102 A Wedding in a Monsoon and a Monsoon of a Wedding Marriage is an institution that has spanned time. In India it is one of their many traditions. It has changed lives for the better and for the worse. I will be looking at two different art forms that display marriage in two different sights. One will be Monsoon Wedding, a Mira Nair film, which portrays marriage, specifically arranged marriage, in a way that looks on the tradition not as a thing of the past but a foundationRead More Arranged Marriages Essay1105 Words à |à 5 Pages Arranged Marriages What is an arranged marriage? Well in the Websterââ¬â¢s dictionary it is defined as a marriage where the marital partners are chosen by others based on considerations other than the pre-existing mutual attraction of the partners. This habit has been very common in noble families, especially in reigning ones, at the scope of combining and perhaps enforcing the respective strengths of originary families (and kingdoms) of the spouses. A relevant part of history has been influencedRead MoreRelationship Between Independency And Autonomy883 Words à |à 4 Pagesvalues, practices such as Indian arranged marriages are often seen as wild and outdated. Yet in the 2012 survey conducted in India by the NDTV, an independent TV channel, as many as 74% of respondents spoke in favor of arranged marriage. Also India is known to have one of the lowest divorce rates in the world. This evidence suggests that the matter is more complex than it may seem at first glance and I will be looking at some of the advantages of arranged marriage and reasons why, to this day, this
Saturday, December 28, 2019
Gay Marriage Should Be Legal - 925 Words
Gay Marriage jenisea Phoenix Community College Gay Marriage What if you met someone and fell deep in love? What if they meant everything in the world to you? Wouldnââ¬â¢t you do whatever it takes to make them happy? What if i told you that you couldnââ¬â¢t? and that no matter how much you showed someone that you are meant to be that you couldnââ¬â¢t marry them? Wouldnââ¬â¢t that tear you apart inside?. ââ¬Å"The Human Rights Campaign Foundation states that 4 - 10 young people live in a community that doesnââ¬â¢t except them or who they choose to loveâ⬠( as cited in HRC.org 2014). Gay Marriage should be legal in all states and it should be allowed the same benefits of hetroexual marriage,because This central idea of traditional marriage is inaccurate ,everyone should have the chance to marry who they love, and stable gay marriage homes benefits adoption practices worldwide. First , This central idea of traditional marriage is inaccurate, being defined as just between man and woman,but even dating back to ancient times there is no such thing as a traditional marriage. ââ¬Å"Ross Douthat stated there is polygamy, mistresses, and the use of prostitution in some marriages so the whole hetrosexual monogamy as a whole can be considered as ââ¬Å"unnaturalâ⬠in modern termsâ⬠(as cited in NYTimes.com 2014),but as you can see there are imperfections in every relationship.Secondly, the most important reason Gay Marriage should be be legalShow MoreRelatedGay Marriage Should Be Legal1205 Words à |à 5 PagesHoward Sociology 1301-93431 Gay Marriage Getting married is something that most people do when they find love, which it is an important event in their life. The GLBT (gay, lesbian, bisexual and transgender) community now get the legal right of same-sex marriage, which they have fought for throughout the years; on the other h and, some opponents of same-sex marriage have called for a constitutional change towards it. Although there were some countries that allowed gay marriage before the United StatesRead MoreGay Marriage Should Be Legal1159 Words à |à 5 PagesAmendment, which puts a ban on gay marriage. This amendment entitles to equal rights to the gay community, ending toleration of discrimination in jobs, rights protecting gays from hate crimes,rights allowing advancement in government. However, the concept of gay marriage is still not considered a right the American people should extend to homosexuals. II. The vast majority of opponents believe marriage should be between one woman and one man, meaning marriage should be between members of the oppositeRead MoreGay Marriage Should Be Legal1574 Words à |à 7 Pagesequal rights. Gays and lesbians are consistently denied rights that are typically taken for granted by the average American. Specifically, gay and lesbian couples are denied the right to marry even if they are outstanding citizens. They are held at an unfair disadvantage solely because of their sexual orientation. This discrimination must stop, because gay and lesbian couples are law-abiding citizens too, who should be afforded the same rights as heterosexual couples. Marriage is about love andRead MoreGay Marriage Should Be Legal1564 Words à |à 7 PagesWhat is marriage? Recently, people argue with respect to the definition of marriage. What happened to marriage? To get married is a very important event for almost everyone. Especially for women, marriage and giv ing a birth could be the two biggest events of their lives. Many people believe that getting married to the one whom he or she loves is natural. However, what do you think if you cannot get married to him or her because it is socially unacceptable? 100 years ago different colored peopleRead MoreShould Gay Marriage Be Legal?778 Words à |à 3 PagesShould Gay Marriage Be Legal? ââ¬Å"â⬠¦I now pronounce you husband and wifeâ⬠¦Ã¢â¬ One would normally hear this when attending a wedding. In tradition marriage has been between one male and one female who love each other. But how would one feel if they heard ââ¬Å"I now pronounce you groom and groomâ⬠or how about ââ¬Å"â⬠¦bride and bride...â⬠? In the last 50 years the number of same-sex couples has increased. The on-going argument between the government and the people is ââ¬Å"Should gay marriage be legal?â⬠Although some sayRead MoreGay Marriage Should Be Legal1126 Words à |à 5 PagesJune 26, 2015 for gay marriage to be legal in all fifty states, thirty seven out of the fifty and Washington D.C already legalized gay marriage. Many support gay marriage and many do not, with widespread values and reasons for and against it. Due to religion and rights people across the nation have differing views and opinions of it.In a five to four vote in the Supreme Court gay marriage becam e legalized in all fifty states. Shortly after that a few marriage officiators and marriage licenses peopleRead MoreGay Marriage Should Be Legal1179 Words à |à 5 PagesGAY MARRIAGES Some states such as Iowa legalized gay marriage through the action of judicial interpretation based on the stateââ¬â¢s constitutional stipulations while other states such as Vermont legalized gay marriage through legislation initiatives. These cases demonstrate the government is the sole body that can dictate the validity of whatever is to be regarded as a marriage, and in this case gay marriage. The power to validate marriage is still observed among the private citizens, religious institutionsRead MoreThe Gay Marriage Should Be Legal947 Words à |à 4 PagesDefending Gay Marriage During the last few years, homosexuality has become an important issue for debate. Moreover, homosexuals have taken their case further by claiming their right to marry. Same-sex marriage, usually known as ââ¬Å"gay marriageâ⬠, is the marriage between two people from the same biological sex (Doskow1). Since 2000, eleven countries have approved the legalization of gay marriage worldwide: Netherlands, Belgium, Spain, Canada, South Africa, Norway, Sweden, Portugal, Iceland, ArgentinaRead MoreGay Marriage Should Be Legal1480 Words à |à 6 PagesNew World Dictionary defines the word married as being husband and wife, yet there are millions of gay activists who are fighting for a new meaning. They believe marriage is more than a piece of paper and a set of rings. The hope is that marriage could be defined as a ââ¬Å"public recognition of a private commitmentâ⬠or ââ¬Å"emotional, financial, and psychological bondâ⬠between two people (Sullivan 53). Gay activists belie ve that taking away the ability to have a publicly recognized relationship or an acceptedRead MoreGay Marriage Should Be Legal1351 Words à |à 6 Pageshappened for United States, gay marriage became legal in all 50 states. In most states it already was but the remaining 13 became legal this year. There are many concerns regarding gay marriage, and the effects of them involve many legislative, cultural, religious and family issues. Gay marriage is controversial because a lot of people do not approve of it, they think it is immoral, unnatural, and not what the traditional concept of ââ¬Å"marriageâ⬠really means. Opponents of gay marriage say it is only meant
Thursday, December 19, 2019
Police bruality essay for college class i guess - 1365 Words
Police Brutality Police brutality occurs daily across America. Police brutality can come in various forms, counting lethal and nonlethal force. Comprehending the exact commonness of police brutality is complex, because of the inconsistency in describing police brutality. The trouble in differentiating among justified and unjustified force. Police interactions often can be misconstrued, or sometimes turned around against an officer. Questionable behavior and complaints against officers can be filed by even the most violent of criminals. Often, the officer may restrain a potentially dangerous citizen, and be accused of excessive force. Overall, this results in not only a mark against the institution of law enforcement and the officerâ⬠¦show more contentâ⬠¦For example, there was a strong negative reaction in the aftermath of the shooting of Oscar Grant in Oakland (2009) and the shooting of Shawn Bell in New York City (2006), and riots occurred after. Communities regularly react negatively to police brutality; urban communities nearly constantly respond negatively to police assaults of minorities. These actions hurt police-community dealings and can weaken citizens perceived respect for police authority. In some cases, the community also experiences the impact of police brutality on its victims. Citizens acquire majority of their info regarding police activity from the media. The media often present a slanted picture of the role of police to the public. When police brutality arises, it often appears in the media, receiving attention to the problem and inspiring reform. Eliminating police brutality from society is an apparently impossible mission, particularly if society gives police officers authority and discretion. Mass Media has a massive effect on police brutality; the types of actions that are brought on by police brutality brings negative media attention, further damaging the reputation of the police within society. An example of the power of the media exposure with police use of force can be seen in the Don t Taser Me Bro! incident from the University of Florida in 2004. Student Andrew Meyer was arrested during a
Wednesday, December 11, 2019
Team Ethics and Competitive Advantage â⬠MyAssignmenthelp.com
Question: Discuss about the Team Ethics Competitive Advantage. Answer: Challenges: The case study under concern is observed in the LIBOR scandal faced by Barclays Plc and the review of the case study is intended to draw feasible inferences regarding the challenges vested in the case as well as possible recommendations to address the challenges. The recommendations could be based clearly on the comprehensive review of challenges pertaining to ethical leadership on the basis of different theoretical frameworks. First of all, the LIBOR scandal created the consequences of loss of trust among the market participants. Since the estimation of London Interbank Offered Rate (LIBOR) is largely based on the trust and commitment among the large banks operating in international financial markets, the scandal presents formidable pitfalls leading to loss of trust in leadership (Rose Sesia, 2013). The comprehensive evaluation of the case study also provides viable insights into the challenge of competing functionally in a systemic market environment alongside addressing the concerns of widespread corruption (Srivastava, Franklin Martinette, 2013). Complicit involvement of regulators in presenting ambiguous implications associated with a corrupt system could also be accounted as a major challenge that can be identified in context of the LIBOR case study. Since the exchange rate is established on the grounds of involvement of the different large banks and in the concerned case study, the conspiracy involved unrequited reduction in LIBOR by Barclays for dealing with the financial crisis or to offset losses (Rose Sesia, 2013). The manipulation of LIBOR was considerably observed in derivative trade transactions. However, Barclays was not the sole perpetrator of the incident since 20 other banks were collectively involved in lowering the LIBOR rates thereby leading to profound red uction in the average LIBOR rates that was responsible for inducing formidable losses for investors. Therefore, the ethical concerns have to be reviewed from the perspective of potential reasons that could be observed as profound challenges for Barclays Plc to realise team ethics (Manroop, 2015). Barclays is subject to challenges regarding the LIBOR scandal due to the lack of precise estimation of group norms and avoidance of accountability. The lack of emphasis on the task at hand for the organization and its employees could be perceived as a major reason for imposing considerable ethical pitfalls (Matava, 2016). The aspects which must be taken into consideration in context of the task significance in teams involve the core dimensions associated with a job, critical psychological issues and the personal as well as professional outcomes associated with the task (Petersen, Pavlidis Semendeferi, 2014). The core job dimensions are observed profoundly in terms of identity of the task and significance of the task in the organizational context. The critical psychological issues such as information regarding the potential outcomes as well as experiencing responsibility for the professional outcomes are also involved as inherent factors describing the precedents leading to ethical d iscrepancies (Rose Sesia, 2013). The interpretation of McClellands theory of motivation could prove to be a viable explanation of the challenges encountered by Barclays with respect to the LIBOR scandal. The necessity for achievement could be observed as a major reason for the promotion of unethical practices such as lowering of the LIBOR rates (Siedel Haapio, 2016). Leadership issues identified in the case study could be reviewed with respect to the scope of destructive leadership (Strand Freeman, 2015). The validation for destructive leadership could be observed in the instability of monitoring frameworks and the existence of a culture that promotes toxic leadership. Destructive leadership is also characterized by the preferences of leaders to emphasize on their self (Rose Sesia, 2013). The CEO of Barclays, Robert Diamond had to resign from his post due to the action taken by British regulators albeit with his profound indications towards the reprehensible action taken by different team members which indicates another challenge regarding team ethics (Srivastava, Franklin Martinette, 2013). Recommendations: The recommendations which could be used to address the team ethics challenges and the cheating implications presented by Barclays Plc and its associated employees can be derived from the concerns of addressing team norms and values. The formation of team ethics served as a major pitfall in context of the cases observed ethical limitations thereby leading to considerable losses for investors (Siedel Haapio, 2016). The organization should consider the foremost recommendation of involvement with authorities and agencies that consider penalisation of banks for unethical activities. However, from a critical perspective the issue poses sustain possibilities of the banks manipulating LIBOR rates according to their interests. The consideration of another recommendation is observed in favouring transparency in the activities of the banking sector. The central authorities and banks could work in coordination to present transparent reports which would be validated on the grounds of individual audits conducted at each bank in the market environment (Wise, 2014). It is also imperative to consider the appointment of an independent regulatory body that could be accounted for monitoring the operations of the regulatory bodies involved with the banks. The outcomes which could be derived from such recommendations would be observed in the working of the regulatory bodies with explicit diligence following the precedents established for the exchange rates. The LIBOR rates could be associated with profound references to addressing the concerns of forced manipulation in the banking sector. The central authorities could consider the appointment of personal executives in large banks where the functions of the banks can be monitored effectively. The executives should consider reporting the unwarranted activities of banks noted in changes in financial position of banks comprising of references to the reduction in trading rates. Another potential recommendation that could help Barclays t o recover from the notable incident of LIBOR case would be to improve its public image as an ethical organization based on credible values. The positive outcomes that can be rendered by opting for initiatives such as a public relations campaign which would help the company to gather back the trust of stakeholders. Stakeholder approach has been a major theoretical highlight which proved to be successful in resolution of profound ethical scandals. The stakeholders such as investors could be assured of the companys validity as an ethical service provider through communicating the appointment of new executives and employees. This would enable stakeholders to perceive a contrasting change in organizational structure thereby contributing to the resolution of the challenges encountered by Barclays in response to the LIBOR scandal. Solution: Barclays has to finalize on a specific solution that would enable them to revise the flaws in team ethics. The concerns faced by Barclays could be profoundly addressed on the grounds of an understanding of self as well as others. The stakeholder approach and the implementation of a rational decision making process could serve as prolific attributes in the solution for the case study of Barclays. Stakeholder theory implies managers to ensure addressing the needs of a wide assortment of stakeholders by paying considerable attention to their requirements. Furthermore, the stakeholder approach would enable Barclays to address the ethical concerns related to employees, investors, community and other banks. Another significant highlight of the stakeholder approach is observed in the implications of moral standards, bribery, fair trade and human rights. The rational decision making model would enable the bank to ensure decision making through a group approach according to Schein. The possib le methods which could be used to frame the solution of Barclays case would involve authority rule imposed by central monitoring authorities, consensus and groupthink. The implications of groupthink would enable the bank to override all inherent motives through unanimity to prefer alternative courses of action that can benefit the cohesive group of banks. References Rose, C.S. and Sesia, A., 2013. Barclays and the LIBOR Scandal. Manroop, L., 2015. Human resource systems and competitive advantage: An ethical climate perspective. Business Ethics: A European Review, 24(2), pp.186-204. Matava, M.J., 2016. Ethical considerations for analgesic use in sports medicine. Clinics in sports medicine, 35(2), pp.227-243. Petersen, A.M., Pavlidis, I. and Semendeferi, I., 2014. A quantitative perspective on ethics in large team science. Science and engineering ethics, 20(4), pp.923-945. Strand, R. and Freeman, R.E., 2015. Scandinavian cooperative advantage: The theory and practice of stakeholder engagement in Scandinavia. Journal of business ethics, 127(1), pp.65-85. Srivastava, M., Franklin, A. and Martinette, L., 2013. Building a sustainable competitive advantage. Journal of technology management innovation, 8(2), pp.47-60. Sagas, M. and Wigley, B.J., 2014. Gray area ethical leadership in the NCAA: The ethics of doing the wrong things right. Journal of Intercollegiate Sport, 7(1), pp.40-57. Siedel, G. and Haapio, H., 2016. Proactive law for managers: A hidden source of competitive advantage. CRC Press. Wagner III, J.A. and Hollenbeck, J.R., 2014. Organizational behavior: Securing competitive advantage. Routledge. Wise, S., 2014. Can a team have too much cohesion? The dark side to network density. European Management Journal, 32(5), pp.703-711.
Wednesday, December 4, 2019
Morality vs. Obedience free essay sample
Beliefs and knowledge are both dynamic concepts on all organizational levels of the human experience, from the individual to the global. Lets take for example the statement, ââ¬Å"The Earth is flat. â⬠Five hundred years ago, this statement was knowledge. Today, itââ¬â¢s knowledge that this statement is false. Knowledge changes based on the information and evidence available to us at any point in time. This is also true of beliefs but in a different way. When most of us were young, we believed in the Tooth Fairy. Why? Because someone told us she was real. However, this belief changed as we began to mature and rely more upon our own abilities to discern truth from fiction. Thus, we have established that both knowledge and belief are subjective but for different reasons. Belief requires no evidence, while knowledge requires evidence and/or experience. I would now like to make a comparative argument regarding morality and obedience. We will write a custom essay sample on Morality vs. Obedience or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Simply put, morality is ââ¬Ëdoing whatââ¬â¢s right, regardless of what anyone saysââ¬â¢ and obedience is ââ¬Ëdoing what your told, regardless of whatââ¬â¢s right. One can think of many examples regarding these concepts as they are defined but I will leave this to the readerââ¬â¢s imagination. There is a simple truth to defining obedience and morality in this manner that I find directly comparable to the examined quotation. Neither belief nor obedience require an individual or group to actively engage in an activity or thought process independently. There is no critical thinking involved and one must put their faith in the ââ¬Ërightnessââ¬â¢ or ââ¬Ëtruthââ¬â¢ of anotherââ¬â¢s belief, knowledge or otherwise. Both knowledge and morality require active engagement. One cannot possess knowledge without having evidence to back it up and one cannot act morally without understanding what it is that makes a situation right or wrong in their eyes. This is especially true when acting morally requires someone to go against social norms or established laws. The point of this paper is to shed light on the fact that we are all responsible for ourselves to the extent that we can be. No one person can know everything about everything, so belief and obedience are often useful and easy fallbacks. For example, I donââ¬â¢t snowboard on black diamond slopes. This is not because I have knowledge of how hurt I will get but because I belief the sign posting and obediently board within my level to avoid possible injury. However, in every decision one makes there should be a component of knowledge and morality applied. In application to the snowboarding example, I know, from experience, that my snowboarding skills are not on par with a black diamond. I choose not to risk my health and the resources of first responders by making the moral decision to stay off of it, despite my desire to challenge myself.
Subscribe to:
Posts (Atom)