Essays on Economics

Telecommuting: A Cost-Effective Option for Companies Telecommuting is a work arrangement between the employer and the employee to have the latter delivering on their employment mandate outside the work environment; often working from home or a location close to home. The employee keeps in touch with co-workers and the employer via...

There is a close relationship between minimalism and art. Over recent years, fashion bloggers have shown a persistent interest in minimalist lifestyle. The monotony of trends is the best reason to explain this behavior. Adopting a lifestyle that is assumed to be a satisfactory one calls for shifting from a...

According to Claire Jean Kim The field of racial positions outlines the opportunity each ethnic group can gain. However, she further states that the area of racial posts is skewed favoring only the white race, therefore, enforcing white domination. Moreover, she agrees that the Asians Americans have been forced to racial triangulation...

1. What results in the differences in responses to cognitive consumption of visual ads among different cultures? 2. Can culture influence the thoughts of an individual regarding visual ads? 3. What components of visual ads are easily identified by low-context and high-context cultures? 4. Is there a relationship between historical background and visual...

Corporate Indignities and Freddie Mac Scandal Corporate indignities happen all the time in the worldwide, whether it’s written on paper or hidden within closed doors. Freddie Mac, a home mortgage corporation, was able to get away with billions of dollars hidden within their financial statements. After further review of the company,...

Offshoring occurs when a firm’s operations are done in a different nation aiming to take advantage of the costs benefits. It also helps to enhance the corporate profitability. As the company shift its sources of labour in low-income countries, ethical issues emerge due to the wages and working conditions (Gordon...

Each organization has its set objectives and goals Each organization has its set objectives and goals that it purposes to accomplish. Realization of such targets is highly dependent on the relationship existing between the management or leaders and employees. According to Asrar-ul-Haq and Kuchinke (2016), the employee s morale and behavior,...

Different customers have different perspectives of customer service and sometimes disregard the set-out procedures that allow smooth flow of things in organisations. In Stacy s case, I would apologise for the inconvenience caused by the library. A polite and an honest apology will help her cool down and lower her...

Negotiation Negotiation is a skill that people use in everyday life. How individuals handle negotiations varies based on the person one is negotiating with. Negotiation is a process in which two or more parties who have their own goals, objectives or viewpoint want to find common ground to reach an agreement...

Both internal and external customers are essential assets for a business. Firstly, external customers are a reason why the company exists, meaning that without them, the company will not have the revenue to run its activities. An organization designs its products with the aim of attracting, pleasing, and meeting the...

The Imperial Hotel (IH) is facing severe difficulties about the high staff turnover rate. With the help of some supervision or administration concepts as well as applied changes within the hostel, such a problem can be unraveled. For a hotel of any class to run smoothly and effectively as required,...

The Benefits and Harms of Union Membership 1. The benefits of becoming a part of a union may include various employment advantages. Employees associated with unions are less likely to experience exposure to unfair pay grades. They also have to worry less about being terminated on an unfair basis. Employees gain a...