SUMMARY OF OPERATION AND DIGITAL BUSINESS Practising operation simulation game has significant importance of improving an individual’s decision-making process in operations management. It introduces players to the complex nature of the decision-making process within the industry as well as the volatile environment in which business operations are carried like in the case of the apparel industry. Different elements like contract specifications, production flow and shipping area are involved and for an individual to have an early introduction and experience in relation to decision making involving these elements is an immense step towards becoming an astounding manager within the industry. The goal of the first simulation was to complete five contracts on the production process. The operation flow included four major machine activities, including cutting, sewing, press transfer, and packaging. Decision making in the first module was highly influenced by customer orders, the quantity of the order, quality, and the need to prioritize. I ensured lean purchasing by ensuring that the available raw materials were just enough for producing the demanded products and went for discounts whenever necessary. In the first…
Economic and Finance Growth. The relation between economic growth and financial development is much debated with several papers showing that differences in ranks of the progress of financial schemes impact economic growth variances among countries. This may differ from additional monetary funds, access to finance venture projects owing to larger capacities of saving, and more effective reallocation of money, thus getting the right businesspersons and promenading to higher output. There is a positive association between economic growth and financial development, like the quantity of secluded domestic credit or standard market capitalization comparative to GDP (gross domestic product). The leading positive attitude to financial diffusion and the medium level of secluded bank credit create the highest ratio of gross domestic product. In many countries, this reaches levels higher than the gross domestic product. Such intensities of financial diffusion altogether with the current and modern financial deepening (Schulze et al., npg). The corresponding further current empirical effort provides proof of vanishing optimisticeffect or possibly non-linear connection, as acknowledged in several modern studies. However, the association can be multifaceted and may differ,…
Equal employment opportunities In 1964 U.S senate passed civic rights, and a few days later, it was signed into law by President Lyndon B. Johnson. The Civil Rights Act of 1964 discourages discrimination in every sector, either the private sector or in the government sector. A section of the Act, namely Title VII, prohibits employment discrimination on the grounds of race, sex, color, religion, and national origin. Title VII applies to private employers, labor unions, and employment agencies. This Act prohibits discrimination in recruitment, hiring, assignment, wages, promotions, discipline, layoffs, and all other aspects of employment. Title VII of the Civil Rights Act 1964 also established the Equal Employment Opportunity Commission (EEOC), a five-member, a bipartisan commission whose aim is to erase unlawful employment discrimination. Still, its mission has been shaped by more than this one legislation. Several laws and amendments, and some executive orders, have expanded, limited or directed the Commission’s responsibilities and authority. Government agencies involved in equal employment opportunity and affirmative action compliance or noncompliance is done in several criteria. The two standard standards mostly used are;…
Executive; an arm of the Government The essay entails the Executive as the arm of the Government. It indicates the member that makes up the Executive and the history. The evolution of power, roles and the functions of the Executive is also covered. The Government of States comprises of three arms that make up the Government. They include; the Executive, the judiciary and the legislature. (Wilson et al. 2018). The Executive is in charge of the daily activities of the states, including the management of several affairs. However, it is not in charge of making the laws of the land state but instead of implementing. The Executive mainly comprises of the president, the vice president, the cabinet, departments that makes up the Executive, the independent agencies, board commissions and the committees. The United States was first written in 17th September the year 1787 in the Philadelphia convection. The convection took approximately four months. That is from 25th May to 17th September. It was the end of this period that the treaty was signed and agreed that the Government should have…
Ethics, Economics, and Politics What is the role of the government in balancing public welfare vs. individual happiness? The role of the government in balancing public welfare and individual happiness is to make sure that everyone counts equally when assessing the happiness of the community. The state should ensure that people live together in a viable society. Most public welfare will affect the expectations of life of many citizens. Consequently, they need to be balanced. When it comes to individual happiness, it is affected by a number of factors that are within the control of the state. These factors range from taxation, subsidization to price mechanisms. The happiness of individuals is also tied to public welfare. Public welfare includes things that will be free at the point of use, but the state took the cost of providing them. The state gets the money for public welfare activities from taxation of people. Income taxation falls on an individual’s earnings. It affects those who are taxed by making them less motivated to work and focus on leisure than they would if there…
IMPACT OF TRADE WAR BETWEEN USA AND CHINA For the past two years, The United States of America and The Republic of China have been at war. A war that has had the two giants cross horns in matters trade. All this began in 2018 when the United States President Donald Trump imposed 10% tariffs on 300 million dollars’ worth of Chinese goods. These include foot ware, electronics, and toys. China then retaliated by imposing 10% tariffs on the USA goods. The latest taxes levied by the USA onto China’s imports are at 15%. The trade war has, over the years, resulting in adverse effects on the two economies as well as other nations that have experienced the collateral damage of the war. The trade war has dampened investment sentiment and consumer confidence among producers and businesses in China, brewing uncertainty since no company knows what to expect. Timothy Heath, The Senior International Defence Researcher RAND cooperation, believes that the lack of de-escalation it the war and the inability of both nations to solve the disputes is unsettling. Multiple businesses…
Intelligence issue:Implications of Iran-US Relationship Crisis Introduction if I was told to name two countries with the poorest relations, I would automatically name the US and Iran. Since 1980, the US and Iran have never had formal ties. Pakistan represents Iran in the US, while Switzerland represents the US in Iran. US and Iran have continuously quarreled over various issues, and especially the production of nuclear power. The US has even listed Iran on the terrorism list. In 2015, Iran and the P5+1 countries entered a deal, limiting Iran’s manufacturing program, where it was required to enhance monitoring in nuclear production weapons. Iran agreed to reduce the uranium content in its nuclear facilities and heed the policies of the international atomic energy inspection team, and in exchange, all the sanctions would be withdrawn, and the frozen property of about 10 million dollars generated from illegal dealing ith high content uranium equipment would be released. Unfortunately, the US President, Donald Trump, withdrew from the joint comprehensive plan of action (JPOA). This was a very controversial move, and all allies were not…
LITERACY AND LITERACY SPONSORSHIP Introduction Literacy is the capacity to acknowledge, comprehend, interpret, synthesize, pass a message, and reckon by the use of textual materials that relate to varied contexts. Notably, communication is the primary goal of using literacy. Similarly, Deborah Brandt elaborates on literacy sponsorship, which is perceived as the engagement of localized or distant agents that could also be either concrete or abstract to promote, inform, enable, model, recruit, suppress, and control literacy. The primary aim of literacy sponsorship is to attract a remarkable value in its use to relay an encoded message to the target audiences. To shed light on the application and implications of literacy and literacy sponsorship, this project focuses on a case study analysis that is based on selected literacy works. Case Study Analysis of Literacy and Literacy Sponsorship Brandt asserts that literacy sponsorship occurs spontaneously from the authors’ environments (Brandt, 1998). This claim is built on the premise that literacy communication is often inspired by the need to relay a particular message with the intended readers to understand to pave the way for…
APPLICANTS AND EMPLOYEES WITH DISABILITIES AND EMPLOYMENT AT WALMART Question 1a Walmart is a multinational company that operates retail stores and hypermarkets and has a large workforce globally. For any large organization, challenges are bound to occur. It is easy to forget about the rights of disabled people in a large company where a majority of employees do not have any physical or mental limitations. Walmart consists of over 2.2 million employees. Disabled people in Walmart become susceptible to discrimination due to the high rate of activities in the organization (Wexler, 2011). Question 1b Equal Employment Opportunity Commission upholds civil rights laws to protect employees against discrimination. Walmart hires a large workforce, which results in constant disagreement with the EEOC. The high margins of profits that Walmart makes motivates EEOC to persist with litigations. EEOC believes that winning these cases will build their profile and give them global recognition as a commission that protects the rights of employees. As previous records show, Walmart has been paying vast sums of money for clearing lawsuits (Wooten & James, 2005). Question 2a Since…
Question 1: Many governments control the price of tobacco by creating a price floor. If a government decides to create a price floor for a product, the economy will have a deadweight loss. Draw a supply and demand curve and show how the price floor will create deadweight loss. In your diagram, explain the areas for Consumer Surplus, Producer Surplus, and Deadweight Loss.
Question 1: Many governments control the price of tobacco by creating a price floor. If a government decides to create a price floor for a product, the economy will have a deadweight loss. Draw a supply and demand curve and show how the price floor will create deadweight loss. In your diagram, explain the areas for Consumer Surplus, Producer Surplus, and Deadweight Loss. One of how the government intervenes in the market is creating price floors. If the government does not intervene, the market will naturally attain equilibrium. At equilibrium, sellers are willing to sell at the prevailing price, and buyers are willing to buy at the current price. At market equilibrium, the total quantity of goods supplied is the same as the total quantity of goods demanded by the consumers. Nevertheless, in some markets and economic circumstances, the government intervene to control and reshape the economy through price ceilings, taxes, and price floors. In many economies, the government uses price floors to control the price of tobacco to monitor the amount of consumption. Price floors are the opposite of…