Swot Analysis And Changes Toward Effective Performances Management Essay

Swot Analysis And Changes Toward Effective Performances Management Essay This paper is a critical knowledge of SWOT analysis of Yau Lee Holdings Limited (YL) and Chun Wo development Holdings Limited (CW), which refers to the Strengths, Weaknesses, Opportunities and Threats involved in a business venture. The aim of this paper is to assess the importance of business to identify the internal and external factors of influence to achieve organizational goal. Through the two companies strategic planning such as present market position, financial resources, image etc. and characteristics of the organization such as size, structure, managerial expertise, physical etc. to compare, contrast and analysis the importance of each element. Focuses of these aspects are the Strengths and Weaknesses of strategic planning and development in the field of business. Furthermore, this paper will discuss the conditions of change for these two companies in the external environment. It might find the two companies sensitive business strategies and their responsiveness to changes toward opportunities in new markets, technology advances, improved economic factors etc. in order to increasing company income and maintain or grow market share. On the other hand, change of external environment might bring more threats which in include changes in legislation, political or economic unrest, changing social conditions etc. Above all it may involve potential risks such as company liquidation and hurt the firms sales and profits. Finally, this research will help suggest recommend changes needed for the two companies and list suggestions to solve their weaknesses and threat. Furthermore, this research will make it possible to make informed strategic choices and plan the future of the companies. SWOT Analysis for YL and CW As the proverb goes You will win the wars if you know your enemies and yourselves well. This term cant only be applied to people, it also can be applied in business. How do we measure and understand a companys condition? In business strategy, SWOT analysis is a common strategic planning method credited by Albert Humphrey. Use the Strengths, Weaknesses, Opportunities, and Threats involved in a business venture to analyze of the company (Thompson Strickland, 1999). A SWOT analysis is a thorough analysis of a companys internal and external factors that influences decision makers. According to the companys resources and capabilities to assess when they can rely on and seize opportunities of environment changes, while at the same time, external threats might damage the firms sales and profit (Coulter 2008). Although YL and CW have the similar business backgrounds such as construction Industry and founded in the 50s and 60s. But, they had different of market positions. Organizational structure, culture and managerial expertise had a significant influence on their development. While at the same time they encountered different of situations such as companies strategic planning and self-ability. Following will use SWOT to analyze the two companies to explore this topic in great depth. Compare the Strengths of YL and CW Strengths and advantages analysis are mainly endowed within the firms. These elements are within the control of the firm management (Belleville 2010). 2.11 Strengths Analysis for YL Culture of Innovation of Information Technology IT can to increase organizations competitiveness in future (King and Teo, 1996 and Probst and BÃ ¼chel, 1997). Due to Technology fast development, companies need adoption of IT can improve the efficiency of a business process (Farrell, 2003). In addition, the adoption of IT can help in communication. If they use IT properly, can advance in the time of process (Sammut-Bonnii and McGee, 2002). YL management encourages innovation and change. YL has been support by advances in IT. Subsidiaries VHSoft Technologies Company Limited was established 1998. YL also adopted the advanced information technologies in management for higher efficiency and accuracy. Its subsidiary, VHSoft Technologies Company Limited, has joined force with renowned universities in Hong Kong and Mainland China to develop various tools to effectively increase project management efficiency (Yau Lee Construction Company Limited 2010). Technology was emerging from a rational-liner process of invention, design, development and innovation in YL. Wide range of Construction Related Services YLs business strategy was expanded diverse development in business. Their array of holdings range from building construction to related services including Subsidiaries like Ming Hop Company Limited (building service works), Yau Lee Wah Concrete Precast Products Company Limited (Building Construction), InnoVision Architectural Engineers Ltd. (Design), Yau Lee Curtain Wall and Steel Works Ltd. (Building Material) and VHSoft Technologies Company Limited (Information Technology) were established between 1982-2002 etc.. In 2008, REC Engineering Company Limited (REC, formerly known as Ryoden Engineering Company Limited) was acquired by the Yau Lee Group, REC was established in Hong Kong in 1966 as an electrical and mechanical engineering contractor. (Yau Lee Construction Company Limited 2010). Wide range of construction related services can help YL to provided construction services of coordinated process or one package service. 2.12 Strengths Analysis for CW Quality Management System Chun Wo is committed to fulling customers needs, expectations and statutory requirements. It would be issue to improve the system of management and provide the highest quality services to customers. Enterprises principles approach toward quality management requires the selection of optimal tools and indicators suitable for creating their own national system of quality (Vajcnerova Ryglova 2010). In 2005, CW was awarded of Business Performance Index (BPI) Assessment and , 14 Gold Awards, by Hong Kong Quality Assurance Agency, Quality Award 2005, Bronze Award, by Hong Kong Management Association. (Chun Wo Construction and Engineering Company Limited 2009). According to above award Indicate CW was succeed issue quality policy. Communication Another strengths for CW is communication. They are the best than compared to other companies. Communication was include there elements which in downward, horizontal, and upward to exchange message such as through two type channels (formal and informal) communication can enables employees to achieve their goals (Bell and Martin 2008). Front line employees significantly to communicate with manager who can get staffs expectation and personal goal develop. Would be effective motivate the staffs. Enabling the policy allows the company to achieve of the organizational objectives. Training and Development CW believes good management practices help build up a highly motivated and efficient workforce. CWs human resources department has developed a philosophy of collective consultation. CWs HR department can provide training for recruited employees the basic skills required to perform their jobs and provide more courses to improve their knowledge, skill, and abilities. Good image in business ethics and corporate social responsibility In 2004, CW established the Volunteer Team for caring towards the community such as capital support Tung Wah Group of Hospitals, the Community Chest and Sowers Action etc. The public appreciated CWs business ethics. There was an increase in consumer confidence. 2.13 Conclusion of the Strengths in YL and CW According to strengths factors for the two companies, they have differences advantage in management. The culture of YL has expanded its business into different areas in line with the market needs such as innovation of information technology. CWs policy was to continue improving quality of services to customers. These advantages can increase revenue and maintain or market share growth. These factors were enabling the company sustained development. Although the strengths factors of the two companies were different, but the two companies is equal enormous contribution in construction field. Compare the Weaknesses of YL and CW Weaknesses or disadvantages analysis mainly endowed within the firms. These elements are within the control of the firms management (Belleville 2010). 2.21 Weaknesses Analysis for YL Subsidiary company was small organization Due to YLs business strategy plan, regarding the policy of diversify development. Although have diversify way for company development, but this way would be need more investments fund to support. Furthermore this subsidiary company might not have enough experience and fund to compete with existing companies. Complex management Although YL has some diversified subsidiary companies, the supply chain management is not very impressive for YL. It has not introduced a breakthrough product / service yet. 2.22 Weaknesses Analysis for CW Not completely independent CW is reliant on material supply and EM Sub-contractor Corporation. If these companies increase the price on materials and CW must either absorb the cost or pass it along to the client. Either of the two scenarios can make CW vulnerable. Traditional services and technology People considered technology to be the most important in 21st century. CW also used traditional construction method. They they constructed buildings effectively, efficiently and a consumer with confidence. Leaderships change Mr. Pang Yat Ting, appointed as the the Chairman in April 2010. Some employees were anxious that companys new policy and leaderships style would influence staff stability such as turnover rate or increasing workload. The above factor also influenced staff morale and performances. 2.13 Discussion on the Weaknesses in YL and CW According to weaknesses factors for the two companies, their management have some problems. They need to improve or advance their management and increase communication between manager and staff. This paper will suggest some methods from the last section. Compare the Opportunities of YL and CW Opportunities analysis mainly endowed without the firms. These elements are not under the control of the external environment. (Belleville 2010). They had similar opportunities for their advances in the companys development because they are both in the construction industry. Government Policy was Booming infrastructure Refer to the 2011 Policy Address The Hong Kong government strategy of promoting economic growth through infrastructural development which included 10 major infrastructure projects. Example: Hong Kong-Zhuhai-Macao Bridge, Guangzhou-Shenzhen-Hong Kong Express Rail Link, MTR Sha Tin to Central Link, South Island Line (East). These projects are now in progress (2010-11 Policy Address 2010). The government will spend amount of exceeding $50 billion for the next few years. This enables the construction field to have more opportunities for the two companies. Maintain old buildings Hong Kong has more existing buildings in old town. Building safety was very important, the government provide resources to management through legislation, enforcement, public education and support for building owners. Client need to get funds to improve these old buildings. These were also opportunities for the two companies. Huge investment in Asia-Pacific Grasping business opportunities in Macau, Singapore, Abu Dhabi, The United Arab Emirates (UAE) etc., were important because in recent years these countries important integrated resort development such as casinos, residential buildings and infrastructure by foreign investors and local developments. More construction projects of large-scale resorts, hotels and high-class residential buildings can be built promptly. But these regions dont have enough experience and human resource. Due to the above factor, the two companies were the best candidates to develop in other Asia-Pacific countries. Expanding business to Mainland China Mainland China is booming market due to Chinas fast growing economy. China has more opportunities for construction services into other business areas, including property development, professional property services and investment. The above factor or chances also are best opportunities for two companies development but who can ability grasping the each business opportunities, this factor is more important. On the other hand external environment will transform more threats, next section will de discuss this topic. Compare the Threats of YL and CW Threats analysis mainly endowed without the firms. These elements are not under the control of the external environment. (Belleville 2010). They hadve similar threats for influencing the companies development because they are both in the construction idustry. Rising and instable Construction Costs In recent years, the price of materials increased every year, and wage inflation spirals upward. It was difficult for construction companies to make a tender offer for each project and obtain construction financing. If the company made a tender offer lower than the cost, then the profits would be influenced. If set up was a higher proposal cost than other companies would be less competitive and efforts to boost the economy with greater liquidity. This increased the risk for each company such as business investments. Lack of skilled manpower Main reason many civil engineering graduates dont find these jobs lucrative because construction companies dont pay enough and the jobs are also temporary. After a project is finished in one state the company moves to another state leaving the workers behind. In most cases the workers too dont prefer to shift unless they get good salaries and like in the finance companies. The Government regulations Every year the government publishes and updates more health and safety regulations such as safety method of construction in progress, equipment, accident insurance etc., and these regulations increase cost of construction. Construction companies that cant co-operate these with regulations will loss of money. Stronger competition Due to the worlds developing trend is globalization, more construction companies cant limit themselves to local development. Moreover, the construction industry is a bigger market so more enterprises investments. For example, China Harbor Engineering Company Ltd. is a subsidiary of China Communications Construction Company Ltd. Gammon construction Ltd. is a subsidiary of Jardine Matheson Ltd and Balfour Beatty, both are world-renowned international companies who has more capacity and technology to support their competition. Housing building was real estate developers monopoly Hong Kong is a free market and Hong Kongs real estate developers want to control housing demand in order to influence price of housing building. Many real estate developers cant to construct housing building such as accumulates the land. It might influence construction of hosing building. Above threats factor, also influence two companies stable development. Changes toward Effective Performances Companies or organizations survival and prosperity are important to management such as the starting point, destination, path, variation, alignment, communication etc., because effective performance management is incredibly difficult (Srinivas 2009). Next section will explore the changes recommended for two companies. Changes Recommended for YL Increasing Communication YL needs to set up some methods of systematic communication because YL has a many subsidiary companies. The message needs to be clear and communicated consistently. Front line employees are given information by managers and feedback upward. Effective communicate can help companies and each staff of high productivity (Ahmed, White, Wilbert, Shields, 2010). There would be less noise and consideration between top head officials and front line employees and therefore increase mutual trust. Strategic plans of joint venture or corporation Most joint venture corporate strategic plans are to increase the probability of each achieving their mission or decrease loss and risk in a business (Lovallo 2007). When a company does not have enough capital and technology, the partner would gather funds such as investments. Moreover through cooperation, technology sharing and development will be obtained. Doing this enables the company sustained development. Strategic plans of Mainland China and Asia-Pacific Due to China, Macau, Singapore, Abu Dhabi, The United Arab Emirates (UAE) etc., is fast growing economy and development. The two companies need catch up this best of opportunity. Focus on the Mainland China and Asia-Pacific markings. Companies will trend to international development. Property Development YLs technical knowledge is construction which in return lowers costs and reduces time. This factor is the advantage. Recommend Property Development business both in Hong Kong and overseas. 3.2 Changes Recommended for CW Managerial behavior and leadership styles appropriate to work situations Although the new chairman was appointed in 2010, he needs to increase communication with his employees, communicating an inspiring vision and behaving supportively (Locke Latham 2002). Successful leaders focus on managing in a way that builds employee trust, loyalty, and commitment (Mayfield 2002). Doing so enables staff and provides a stable working environment and less consideration. Human resource management such as outsourcing CW needs to increase resource management such as outsourcing, because CW cant supply construction fields, materials and workforce. Its influenced by supplies and subcontractors. Scholars know that HRM is organizational success manly reason (Hernandez, 2008). More choice of supplies and subcontractor would be stabilize construction costs. Develop Information Technology and Knowledge Management CW needs leading innovation in Information Technology and method of construction. Knowledge Management can help them, because Knowledge Management which in approach of identifying, capturing, evaluating, retrieving, and sharing all of an enterprises information assets. These assets may include databases, documents, policies, procedures, and previously existing expertise and experience of individuals works (Srikantaiah Koenig 2001). Knowledge Management suggests similes are tools of techniques, strategies to retain, analyze, organize, and share business expertise(Groff and Jones 2003). The above conception said that knowledge management is important in develop a business society because due to the explosion of information, we can find a problem and increasing knowledge to create a new method, skill and knowledge. Ultimately, effective performance management must become an integral part of the organizations culture (Hellriegel Slocum 2008). Strategic plans of Mainland China and Asia-Pacific (Same as changes recommended for CW) Due to China, Macau, Singapore, Abu Dhabi, The United Arab Emirates (UAE) etc., is fast growing economy and development. The two companies need catch up this best of opportunity. Focus on the Mainland China and Asia-Pacific markings. Companies will trend to international development. Property Development (Same as changes recommended for CW) YLs technical knowledge is construction therefore lowers costs and reduces time. This factor is the advantage. Recommend Property Development business both in Hong Kong and overseas. Conclusion This paper has compared and conducted a SWOT analysis and changes recommended of Yau Lee Holdings Limited and Chun Wo Development Holdings Limited. Through the using of SWOT analysis, the two companies had diffident factor of Strengths, Weaknesses, Opportunities and Threats. When they can their own strengths and weakness, there will be improvements and advance in their management. They will know what opportunities and threats are in an environment and will catch up in order to avoid risks. It will enable the company sustained development. Refer Fig. 1 showed the relationship and principles between in Strengths, Weaknesses, Opportunities and Threats. Fig. 1 Relationship and Principles between in Strengths, Weaknesses, Opportunities and Threats. Each company has different management method which in expertise or traits approach but dont formed a formula will ensure success. Condition, situation and external environment is a very important aspect. Certainly good management internal environment would extend a company or organizations development and success. But dont forget to mention external environments included. Changes in legislation, political or economic unrest, changing social conditions etc. are equally important in a business society. I hope we will use on SWOT analysis to explore some advantage and disadvantage in other companies in our next essay.

Attention Deficit Hyperactive Disorder - ADHD Essay -- Personal Narrat

Attention Deficit Hyperactive Disorder - ADHD When Mrs. Fallon first described this project to us, I was a little bit skeptical about it. I kept thinking that I had no problems in my life and that I didn’t need any type of conditioning. But then I thought, I’m definitely not perfect and I knew I was definitely overlooking something. Recently I was diagnosed with ADHD (Attention Deficit Hyperactive Disorder) and I felt like I was cheated out of so many years that could have been productive ones. So I decided that for my conditioning project I would test how much medication I should use that would keep my body stable enough to begin a sort of healing and moving on process, kind of like a second chance. After I finished my conditioning I realized that I was a lot different then when I started. My parents noticed that once I started the project, I was paying attention a lot more to what they were saying to me. My mother was worried though that I was going to hurt myself by taking a lot of the medication, but I told her that people have experimented on themselves before and look at the results. I also had calmed down with my dorm mates. I felt a lot more comfortable around them and I had begun to trust them a lot more. I now felt like I had accomplished something to make my physical body and my mental body better. In the areas of school I felt like I had accomplished a lot. I was handing in reports and I understood things I was learning. In high school I had trouble in ... Attention Deficit Hyperactive Disorder - ADHD Essay -- Personal Narrat Attention Deficit Hyperactive Disorder - ADHD When Mrs. Fallon first described this project to us, I was a little bit skeptical about it. I kept thinking that I had no problems in my life and that I didn’t need any type of conditioning. But then I thought, I’m definitely not perfect and I knew I was definitely overlooking something. Recently I was diagnosed with ADHD (Attention Deficit Hyperactive Disorder) and I felt like I was cheated out of so many years that could have been productive ones. So I decided that for my conditioning project I would test how much medication I should use that would keep my body stable enough to begin a sort of healing and moving on process, kind of like a second chance. After I finished my conditioning I realized that I was a lot different then when I started. My parents noticed that once I started the project, I was paying attention a lot more to what they were saying to me. My mother was worried though that I was going to hurt myself by taking a lot of the medication, but I told her that people have experimented on themselves before and look at the results. I also had calmed down with my dorm mates. I felt a lot more comfortable around them and I had begun to trust them a lot more. I now felt like I had accomplished something to make my physical body and my mental body better. In the areas of school I felt like I had accomplished a lot. I was handing in reports and I understood things I was learning. In high school I had trouble in ...

A & P is highly symbolic story

A & P is highly symbolic story with various thematic expressions. It takes into account the individual and adolescent longings to rebel against the common conventions, class conflict, and the rise of superstore mentality in United States during 1950s. It is also an epitome of American social milieu during 1950s and represents its different shades in colloquial and ironic language. Furthermore, it narrates the psychological and emotional transitions from childhood to adolescence in a lucid manner. The most important feature of the story is its highly symbolic settings. Updike set up the story in 1950s that was â€Å"an age when supermarket has replaced the church as the community’s central institutions†.(Wells 132) Gilbert Porter (1972) writes in this regard that, â€Å"right in the middle of town, surrounded by ‘two banks and the Congregational church and the newspaper store and three real estate offices’ stands Updike’s symbolic A& P† (p. 115 5). So it gives an atlas of the whole American socio-economics set-up in fifties.Every institute remained a hallmark of American society and its values. The utilization of words ‘right in the middle’ manifests the importance and centrality of these institutional expressions in the American life. A & P symbolizes the â€Å"mass ethic of a consumer-conditioned society†. (Porter, p. 1155)Another important aspect of the story is social structures that Updike’s has constructed and displayed in order to augment the thematic expressions. Sammy, the protagonist can be viewed rebelling against this social structure.As Larence Jat Dessner puts it, â€Å"He is entranced and made enviously defensive by his notion that the under-clad younger shoppers inhabit a higher social station than him† (16) The juxtaposition of visualization to attend a party in Queenie’s living rooms to the factual account of parties at his own home is important illustration of thi s psychological phenomenon.Sammy says, ‘When my parents have somebody over they get lemonade and if it's a real racy affair Schlitz in tall glasses with â€Å"They'll Do It Every Time† cartoons stencilled on. (Updike) Furthermore, Updike has lighted the differences between one social order and the other in a subtle way. For example, in Queenie’s social realm, people eat â€Å"Kingfish Fancy herring snacks in Pure Sour Cream† which symbolizes a privileged social class whereas Sammy eats HiHo Crackers that embodies a lower-class status. Lengel, another character, represents the Puritan work ethic.Strength of the story is utilization of a mixture of themes in a way that produced a unifocal impact on the reader. In addition to above mentioned conflict of social classes, it encircles the rebellious nature of its time. Sammy is caught in social compulsions at the start of the story and symbolizes a convention-ridden individual.Queenie and her company is an illus tration of the rebellious temperament and any other non-conformist attitude and values. She and her party enter and wander around the store barefooted unlike other housewives and people who only comes with shopping lists and remain totally engrossed in them. Updike again uses a subtle image to symbolize their non-conformist behaviour.They stroll up an aisle against the normal route of traffic. This metaphorically explains their behaviour that is against the social conventions of the time. This makes realize Sammy of his own conditionality. This generates a desire in him to be different from the society. So he rebels against the society. Lengel is juxtaposed with Sammy as he sticks to conventionalities and embodies the strict professional ethics. Mr. recognize him as â€Å"the Voice of the Establishment† (1157).   These images illustrate the second theme in a perfect way.

Confidence Intervals 4 Common Mistakes

Confidence intervals are a key part of inferential statistics. We can use some probability and information from a probability distribution to estimate a population parameter with the use of a sample. The statement of a confidence interval is done in such a way that it is easily misunderstood. We will look at the correct interpretation of confidence intervals and investigate four mistakes that are made concerning this area of statistics. What Is a Confidence Interval? A confidence interval can be expressed either as a range of values or in the following form: Estimate  ± Margin of Error A confidence interval is typically stated with a level of confidence. ​Common confidence levels are 90%, 95%, and 99%. We will look at an example where we want to use a sample mean to infer the mean of a population. Suppose that this results in a confidence interval from 25 to 30. If we say that we are 95% confident that the unknown population mean is contained in this interval, then we are really saying that we found the interval using a method that is successful in giving correct results 95% of the time. In the long run, our method will be unsuccessful 5% of the time. In other words, we will fail at capturing the true population mean only one out of every 20 times. Mistake #1 We will now look at a series of different mistakes that can be made when dealing with confidence intervals. One incorrect statement that is often made about a confidence interval at a 95% level of confidence is that there is a 95% chance that the confidence interval contains the true mean of the population. The reason that this is a mistake is actually quite subtle. The key idea pertaining to a confidence interval is that the probability used enters the picture with the method that is used, in determining confidence interval is that it refers to the method that is used. Mistake #2 A second mistake is to interpret a 95% confidence interval as saying that 95% of all of the data values in the population fall within the interval. Again, 95% speaks to the method of the test. To see why the above statement is incorrect, we could consider a normal population with a standard deviation of 1 and a mean of 5. A sample that had two data points, each with values of 6 has a sample mean of 6. A 95% confidence interval for the population mean would be 4.6 to 7.4. This clearly does not overlap with 95% of the normal distribution, so it will not contain 95% of the population. Mistake #3 A third mistake is to say that a 95% confidence interval implies that 95% of all possible sample means fall within the range of the interval. Reconsider the example from the last section. Any sample of size two that was comprised of only values less than 4.6 would have a mean that was less than 4.6. Thus these sample means would fall outside of this particular confidence interval. Samples that match this description account for more than 5% of the total amount. So it is a mistake to say that this confidence interval captures 95% of all sample means. Mistake #4 A fourth mistake in dealing with confidence intervals is to think that they are the sole source of error. While there is a margin of error associated with a confidence interval, there are other places that errors can creep into a statistical analysis. A couple of examples of these kinds of errors could be from an incorrect design of the experiment, bias in the sampling or an inability to obtain data from a certain subset of the population.

Unemployment in the Great Recession - Free Essay Example

Sample details Pages: 5 Words: 1588 Downloads: 1 Date added: 2019/05/31 Category Society Essay Level High school Topics: Unemployment Essay Did you like this example? The Great Recession was an economic disaster that made an effect on world financial markets. Along with banking industries and real estate industries. This disaster led to high increases in home mortgage foreclosures all over the world. Don’t waste time! Our writers will create an original "Unemployment in the Great Recession" essay for you Create order It caused tons and tons of people to lose their savings, jobs, and even their homes. The Great Recession is considered to be the longest period of economic decline since the Great Depression of the 1930s. (History.com Editors). A main factor in the Great Recession was unemployment which is what I chose to talk about for my paper. Going into unemployment there are two factors that cause the official unemployment rate to understate actual unemployment. One of those factors is they are part time workers and they are counted as employed. The second factor is discouraged workers who want a job, but are not looking for one, they also are not included in the labor force, which means they are not part of the unemployment statistic. In unemployment there are three types, which include frictional, structural, and cyclical. The one we had to know was cyclical unemployment which was caused by the recession phase of the business cycle. One of the first articles I chose talks about the Unemployment and the Great Recession. One of the first things reading this article was talking about typically the unemployment rate rises whenever the total economy goes under a recession. Then we get into two counts the first one is unemployment has rose much more than in typical recessions and the second count is unemployment rate had stabilized itself high for an extremely long time. Tasci gets into talking about the Federal Reserve Bank in Cleveland and that it shows increases in unemployment rates from cyclical factors. They told the readers that the factors that ordinally would have only a temporary effect and should gradually fade as the economy recovers. Which is the good news but here is always bad news with good news so here is the bad news is that they have found at least two reasons why the unemployment rate could stay high for some time. Those two reasons are the weakness of the recovery in real economic output and the s low rate at which workers find new jobs. (Tasci). This article mentioned that unemployment rate reports the number of jobless workers as a fraction of the labor force which we covered in class. Which the labor force is only made up of unemployed and employed workers. Being in the labor force we have some employed workers lose their jobs and becoming unemployed but then they work hard and find a new job becoming back to employed. Which finding new jobs means you are being hired but, in this article, they said one of the subsequent rises in unemployment results was not from layoffs but from a low hiring rate. Tasci and his colleague Zaman came up with some new measurements of the long run unemployment rate that ties in worker flows into the analysis. They said this helps them because it distinguishes between two potentially different reasons for a high unemployment rate. Those two reasons are one being long periods of unemployment for laid off workers and the very high number of layof fs overall, and the second being underlying trends in these flow rates determine where the unemployment rate will settle in the long run. (Tasci). In my second article I chose it talks about the job deficit and the long-term unemployment problem. It starts off giving us information about the unemployment rate and how in 2009 was ten percent in the fourth quarter and it told us that even today the unemployment rate is even higher than the ten-point eight percent postwar unemployment peak in the 1982-83 recession. Something the article talked about was payroll employment and in March 2010 everyone saw some modest employment growth which was one hundred sixty thousand. Which all that goes to something that this article is all about which is that we currently have a current jobs deficit of ten point six million. (Katz). So, when I read that I did not know what it meant until it explained further which was that we would need ten point six million more jobs today to just get back to the employment rate. We are told that unemployment increased the Great Recession and that it disproportionately affected workers from good industries, yo ung workers, and non-college workers. I wanted to use this article because it supports my other article in talking about cyclical unemployment. Our labor market in the early 2009s followed cyclical negative relationship between job openings and unemployment. So, this means unemployment in 2009 looked really bad but normal cyclical unemployment increase. Going into an outward shift curve actually increased structural labor market problems. Which we still have a massive cyclical unemployment issue with a huge shortfall of aggregate demand and the real GDP. Which both aggregate demand and GDP was discussed in class. Aggregate demand is an economic measurement of the sum of all final goods and services produced in an economy, expressed as the total amount of money exchanged for those goods and services (www.investopedia.com). Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a countrys borders in a specific time period (www.investo pedia.com). We were told that most of the rise of long-term unemployment reflects the cyclical collapse of aggregate demand and labor demand. When the hire rates remain low for a sustained period, labor markets, and reentrants are unable to get work quickly and have a huge chance of becoming in the field of long-term unemployment. In my last article I chose was about unemployment and the Great Recession and Beyond. The beyond part is talking about at least in this article is about Northern European, Germany, and the Netherlands, which we didnt really talk about, but when I went back to our notes and looking at all the graphs we had they were mentioned. This article told us about the Great Recession and how it severely affected the economic scene in many countries. A term we went over in class was GDP growth and that the article told us it was negative in some countries during the period 2008-2009. The huge economic issue has led to a decrease in employment growth and also a decrease in our labor market rate and an increase in unemployment rates in many countries. Like all the other papers this one also told us that the Great Recession is scarce, but also added that knowledge about mechanism and consequences in increasing. It talked about how the Great Recession unemployment has rose dramatically. The unemployment rate has doubled from four percent in 2008 to over eight percent in 2014. (Weel). In this article it told us it compared to many of its Northern European peer countries and Germany, and the Netherlands which they all experienced stronger unemployed growth and lost its leading position in terms of low unemployment rates. We get into the big shock which can be absorbed by price and or quantity adjustments. Our analysis showed us in this article that at a relatively large part of the adverse shock translated into unemployment. As a result, to all of this the Netherlands faced a relatively strong increase in long term unemployment. I found that doing this research on the Great Recession which is again was an economic disaster that made an effect on world financial markets. Along with banking industries and real estate industries. This disaster led to high increases in home mortgage foreclosures all over the world. It caused tons and tons of people to lose their savings, jobs, and even their homes. The Great Recession was very interesting topic to talk about and even learn more about and finding articles that tied into our class discussions was very interesting as well and I say that because we were able to go and pick three articles of whatever topic we wanted that tied into our lectures. I thought finding what we talked about in class was going to be very hard to find in articles and being able to understand them. Once I read the articles and saw certain key terms we have gone over then the article made more sense to me. Overall the Great Recession was not a good thing to people who had jobs. A lot of people w ere laid off, being laid off you dont have a job anymore and during that time it was a low percent on hiring people because of money. A lot of people lost a lot of stuff in the Great Recession. It didnt affect everyone but did affect a great amount of people. All three of my articles tied into each other talking about cyclical unemployment, unemployment its self, GDP, labor force and labor markets. All three of the articles I did not criticize them, I used all of them as in a positive way giving good information and they each had some different aspects to put in my paper and also had relating topics in each article. Reading other articles that I did not choose some were even talking about we may have another Great recession later on in like year 2020. Which I really hope does not happen because a lot of people are already having issues getting jobs and trying to pay for things such as their homes, family, and bills, but this was a great topic to talk about and learn about.

The Lottery by Shirley Jackson Essay - 491 Words

The Lottery by Shirley Jackson Shirley Jackson takes great care in creating a setting for the story, The Lottery. She gives the reader a sense of comfort and stability from the very beginning. It begins, clear and sunny, with the fresh warmth of a full-summer day; the flowers were blossoming profusely and the grass was richly green. The setting throughout The Lottery creates a sense of peacefulness and tranquility, while portraying a typical town on a normal summer day. With the very first words, Jackson begins to establish the environment for her plot. To begin, she tells the reader that the story takes place on an early summer morning. This helps in providing a focus of the typicality of this small town, a normal rural†¦show more content†¦Up to this point, nothing unordinary has happened, which might later reflect an ironic ending. Eventually, small hints about the unusualness of this town are added. The author points out significant buildings that surround the town square, but fails to describe a church or a courthouse, which are common buildings to all communities. In this, there seems to be no central governing body for this town, such as a court or a police station. Also, oddly enough, these people celebrate Halloween but not Christmas, Easter or Thanksgiving, the largest holidays that normal people celebrate. However, Halloween implicates a certain proneness to defiant, evil activities. In addition, the children are building a grea t pile of stones in one corner of the square. An impression of the children as normal children gathering rocks is counterbalanced by their ironical construction a massive pile of stones in one corner, as if they were punished through labor. The introduction of the black box acts as the major turning point for the setting. It symbolizes an immoral act to the villagers as the villagers kept their distance from it. The introduction of the black box into the setting changes the mood and the atmosphere of the residents as they become uneasy around it. Furthermore, the black box changes theShow MoreRelatedThe Lottery, By Shirley Jackson1195 Words   |  5 PagesOn the surface, Shirley Jackson’s short story, â€Å"The Lottery,† reads as a work of horror. There is a village that holds an annual lottery where the winner is stoned to death so the village and its people could prosper. Some underlying themes include: the idea that faith and tradition are often followed blindly, and those who veer away from tradition are met with punishment, as well as the idea of a herd mentality and bystander apathy. What the author manages to do successfully is that she actuallyRead MoreThe Lottery by Shirley Jackson757 Words   |  4 Pagessucceed but many fail just like the main character Tessie Hutchinson in Shirley Jackson’s short story â€Å"The Lottery†. When someone hears the word â€Å"lottery†, he or she may think that someone will be rewarded with prize. But â€Å"The Lottery† By Shirley Jackson is different than what one thinks. In the story, a lottery is going to be conducted not like Mega Million or Powerball one play here. In the story, the person who wins the lottery is stoned to death instead of being rewarded with the prize. TessieRead MoreThe Lottery By Shirley Jackson931 Words   |  4 PagesIn 1948 Shirley Jackson composed the controversial short story â€Å"The Lottery.† Generally speaking, a title such as  "The Lottery† is usually affiliated with an optimistic outlook. However, Jackson’s approach is quite unorthodox and will surely leave readers contemplating the intent of her content. The story exposes a crude, senseless lottery system in which random villagers are murdered amongst their peers. Essentially, the lottery system counteracts as a form of population control, but negatives easilyRead MoreThe Lottery By Shirley Jackson1504 Words   |  7 Pagesâ€Å"The Lottery† by Shirley Jackson In The Lottery Shirley Jackson fills her story with many literary elements to mask the evil. The story demonstrates how it is in human nature to blindly follow traditions. Even though some people have no idea why they follow these traditions. The title of the story plays a role in how Shirley Jackson used some literary elements to help mask the evils and develop the story. The title â€Å"The Lottery† serves as an allegory. When people think of the lottery majorityRead More`` The Lottery `` By Shirley Jackson894 Words   |  4 Pagesshort story â€Å"The Lottery†, author Shirley Jackson demonstrates Zimbardo’s concepts in three different areas: Authority figures, Tradition and Superstition, and Loyalty. The first concept Jackson portrays in â€Å"The Lottery† is the authority figures. Jackson indicates that the lottery is being held in the town center by one authority figure, Mr. Summers, annually on June 27th. Every June 27th, without fail, townspeople gather in the town square to participate in the annually lottery even though mostRead MoreThe Lottery, By Shirley Jackson1510 Words   |  7 PagesShirley Jackson’s â€Å"The Lottery† illustrates several aspects of the darker side of human nature. The townspeople in Jackson’s â€Å"The Lottery† unquestioningly adhere to a tradition which seems to have lost its relevance in their lives. The ritual that is the lottery shows how easily and willingly people will give up their free will and suspend their consciences to conform to tradition and people in authority. The same mindless complacency and obedience shown by the villagers in Jackson’s story are seenRead MoreThe Lottery By Shirley Jackson9 34 Words   |  4 Pagesâ€Å"The Lottery† by Shirley Jackson signifies the physical connection between the villagers and their unwillingness to give up their tradition. â€Å"The Lottery† is very unpredictable and quite misleading. The black box has no functionality, except every June 27th. Shirley Jackson depicts the black box as an important and traditional tool. Although the villagers in â€Å"The Lottery† are terrified of the goal of the lottery and the black box, they are unwilling to let go of the tradition. Shirley Jackson portraysRead MoreThe Lottery By Shirley Jackson811 Words   |  4 Pagesâ€Å"The Lottery† was published by Shirley Jackson. The story was true expression of Jackson’s genuine thoughts about human beings and their heinous competence in an annual village event for corn harvest . First, her used to word symbolized main point of the story. Second, Jackson was inspired by few historical events happened in the past and a life incident in her life. Lastly, She was able to accomplish the connection between historical and biographical with the story. Therefore, Shirley Jackson’sRead MoreThe Lottery by Shirley Jackson799 Words   |  4 Pagesthe mood and to foreshadow of things to come. The Lottery by Shirley Jackson is a story in which the setting sets up the reader to think of positive outcomes. However, this description of the setting foreshadows exactly the opposite of what is to come. In addition, the theme that we learn of at the end leads us to think of where the sanity of some human beings lies. The story begins with the establishment of the setting. To begin, Shirley Jackson tells the reader what time of day and what time ofRead MoreThe Lottery by Shirley Jackson1764 Words   |  7 Pagesfilled with excitement and eeriness, leaving the reader speechless. The Lottery , a short story written by famous writer Shirley Jackson, created an uproar on June 26, 1948, when it was published in the magazine The New Yorker (Ball). The gothic thriller, set in an unknown time and place, shares the tradition of a small town, a little larger than three hundred people, in which a drawing is held once a year. In this â€Å"Lottery,† each family’s husband draws a slip of paper from a black box. The husband

Parisian buses Essay Example For Students

Parisian buses Essay Compare the ways in which Owen and Faulks present the experience of war.  These two pieces of writing, one a poem by Wilfred Owen called Dulce et Decorum Est and the other, an extract from the novel, Charlotte Gray from the chapter The Last Night are both set in the World War I and World War II, respectively. There are many contrasts between these two, even thought they are both showing the horrors and the suffering of war. The poem is written in the first person, which gives the reader a very personal view point and the novel, is written in the third person. This is a very descriptive account of two boys being taken to the concentration camp. The poem is set in the dark trenches and describes the horror of war and how evil and disgraceful it is. Where as in The Last Night the setting is at a train station in Paris where the Parisian buses stand trembling. Wilfred Owen describes the experience of war in the first stanza as haunting, bloody and blind. He uses words like haunting flares and blood-shod this helps us to learn what it would be like to be in the soldiers shoes and to see the horrific conditions of the trenches. Owen uses haunting in this stanza indicating scary, black, and something that will stay with you forever. Something that will keep coming back and back for all your life like a vivid memory that will never be forgotten. Haunting flares would also be considered by the soldiers as a death call because, put yourself in their shoes, its dark and you cant see a thing trying to attack and you duck from enemy fire. If the enemy sent up a flare they could instantly see you and your comrades. They would start to fire and people on your left and right would drop down, dead. He also uses blood-shod to give us the image of a person who is covered in blood from head to toe with cut clothes and missing boots, injured from the bullets from the enemies guns. A person who is tired and hungry whilst keeled over looking like zombies with pale skin and now sense of humanity or where they are. Owen uses metaphorical language to describe the soldiers as drunk with fatigue. This suggests to the reader that they are clumsy and tired: they are out of control like someone who is under the influence of alcohol. He also tells us that Men marched asleep and that they look like lifeless things, still objects that have no motion. Gas shells are described by Owen as dropping softly behind which is an adverb; the shells are dropping softly but are very deadly to the soldiers. Owen tells us that they Cursed through the sludge promoting that the soldiers were swearing whilst they were walking towards the enemy, cursing at the enemy for what they are doing. In the second stanza the mood changes; instead of being dull and dark it suddenly becomes quick and timeless. The soldiers are fumbling trying to fit the gas masks otherwise death would certainly be upon them. Owen makes us feel as though we are being attacked, attacked by language. He uses monosyllabic words like Gas! Gas! Quick, boys! these words create a sense excitement. Owen uses the word ecstasy of fumbling to emphasise the point of exited grabbing. Sebastian Faulks presents his story from another perspective. He writes in the third person meaning that he was not there. Faulks gives a descriptive account of two boys being taken to a concentration camp in France during World War II in the 1940s.Faulks describes the peoples experience of war describing the people writing with sobbing passion and some with punctilious care. This shows their desperation as this could be their last contact with the people they love. The irony of this desperation is that the postcards will not be received by their loved ones. This further adds to their distress because perhaps they already know that the cards will not be received. .u0dbe5ce944f4dccc2c09d75ef53c6696 , .u0dbe5ce944f4dccc2c09d75ef53c6696 .postImageUrl , .u0dbe5ce944f4dccc2c09d75ef53c6696 .centered-text-area { min-height: 80px; position: relative; } .u0dbe5ce944f4dccc2c09d75ef53c6696 , .u0dbe5ce944f4dccc2c09d75ef53c6696:hover , .u0dbe5ce944f4dccc2c09d75ef53c6696:visited , .u0dbe5ce944f4dccc2c09d75ef53c6696:active { border:0!important; } .u0dbe5ce944f4dccc2c09d75ef53c6696 .clearfix:after { content: ""; display: table; clear: both; } .u0dbe5ce944f4dccc2c09d75ef53c6696 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u0dbe5ce944f4dccc2c09d75ef53c6696:active , .u0dbe5ce944f4dccc2c09d75ef53c6696:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u0dbe5ce944f4dccc2c09d75ef53c6696 .centered-text-area { width: 100%; position: relative ; } .u0dbe5ce944f4dccc2c09d75ef53c6696 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u0dbe5ce944f4dccc2c09d75ef53c6696 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u0dbe5ce944f4dccc2c09d75ef53c6696 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u0dbe5ce944f4dccc2c09d75ef53c6696:hover .ctaButton { background-color: #34495E!important; } .u0dbe5ce944f4dccc2c09d75ef53c6696 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u0dbe5ce944f4dccc2c09d75ef53c6696 .u0dbe5ce944f4dccc2c09d75ef53c6696-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u0dbe5ce944f4dccc2c09d75ef53c6696:after { content: ""; display: block; clear: both; } READ: Homelessness EssayFaulks tells us Andre is laying on some straw and dung describing his cheek as a soft bloom this contrast compares the roughness of the straw and dung and the smoothness of the bloom of a flower. This shows childhood innocence and the way his life is short lived and how he will never live as a child again. Faulks also describes the change from the train to the Parisian buses, he describes the buses as Homely thudding and trembling. He uses personification which gives the buses a human characteristic. The buses were in a wired-off corner of the yard which suggests that it is sinister and not normal. The wires were probably to keep the people from escaping but they would have had no chance to escape from the Nazis. Faulks tells us that Andre catches sight of a womans face in which the eyes were fixed with terrible ferocity on a child beside him Andre wondered why she stared at him in anger but then realised that she was staring at him to remember him. Andre felt pain and gloomy for the woman because he knew that she was never going to witness her child again. He felt the fact that she would never see the boys face again.