An Overview of Economic Stagflation in the 1970s

An Overview of Economic Stagflation in the 1970s The term stagflation- an economic condition of both continuing inflation and stagnant business activity (i.e. recession), together with an increasing unemployment rate- described the new economic malaise in the 1970s pretty accurately. Stagflation in the 1970s Inflation seemed to feed on itself. People began to expect continued increases in the price of goods, so they bought more. This increased demand pushed up prices, leading to demands for higher wages, which pushed prices higher still in a continuing upward spiral. Labor contracts increasingly came to include automatic cost-of-living clauses, and the government began to peg some payments, such as those for Social Security, to the Consumer Price Index, the best-known gauge of inflation. While these practices helped workers and retirees cope with inflation, they perpetuated inflation. The governments ever-rising need for funds swelled the budget deficit and led to greater government borrowing, which in turn pushed up interest rates and increased costs for businesses and consumers even further. With energy costs and interest rates high, business investment languished and unemployment rose to uncomfortable levels. President Jimmy Carters Reaction In desperation, President Jimmy Carter (1977 to 1981) tried to combat economic weakness and unemployment by increasing government spending, and he established voluntary wage and price guidelines to control inflation. Both were largely unsuccessful. A perhaps more successful but less dramatic attack on inflation involved the deregulation of numerous industries, including airlines, trucking, and railroads. These industries had been tightly regulated, with the government controlling routes and fares. Support for deregulation continued beyond the Carter administration. In the 1980s, the government relaxed controls on bank interest rates and long-distance telephone service, and in the 1990s it moved to ease regulation of local telephone service. The War Against Inflation The most important element in the war against inflation was the Federal Reserve Board, which clamped down hard on the money supply beginning in 1979. By refusing to supply all the money an inflation-ravaged economy wanted, the Fed caused interest rates to rise. As a result, consumer spending and business borrowing slowed abruptly. The economy soon fell into a deep recession  rather than recovering from all aspects of the stagflation that had been present. Source This article is adapted from the book Outline of the U.S. Economy by Conte and Carr and has been adapted with permission from the U.S. Department of State.

10 Things to Know About Croesus of Lydia

10 Things to Know About Croesus of Lydia Croesus is just as famous for what he did, as for who he knew. He was connected with many other famous figures, including Aesop, Solon, Midas, Thales, and Cyrus. King Croesus encouraged trade and mining, and his resultant wealth was legendary - as was much of his life. 10 Points to Be Familiar With About Croesus Have you read Aesops fables about the clever and not-so-smart animals? Croesus gave that Aesop an appointment in his court.In Asia Minor, Lydia is considered the first kingdom to have coins and King Croesus minted the first gold and silver coins there.Croesus was so wealthy, his name became synonymous with wealth. Thus, Croesus is the subject of the simile rich as Croesus. One might say Bill Gates is as rich as Croesus.Solon of Athens was a very wise man who made laws for Athens, for which reason he is called Solon the law-giver. It was in conversation with Croesus, who had all the wealth he could want and was, seemingly, perfectly happy, that Solon said, count no man happy until his death.Croesus is said to have derived his wealth from King Midas (the man with the golden touch) gold deposits in the river Pactolus.According to Herodotus, Croesus was the first foreigner to come in contact with the Greeks.Croesus conquered and received tribute from the Ionian Greeks.Croesus tragically misinterpreted the oracle that told him that if he crossed a certain river he would destroy a kingdom. He didnt realize the kingdom that would be destroyed would be his own. Croesus was defeated by the Persian King Cyrus, proving how prescient Solon the law-giver had been.Croesus was responsible for the loss of Lydia to Persia [becoming Saparda (Sardis), a satrapy under the Persian satrap Tabalus, but with the treasury of Croesus in the hands of a native, non-Persian, named Pactyas, who soon revolted, using the treasury to hire Greek mercenaries]. This change led to conflict between the Ionian Greek cities and Persia aka the Persian Wars. Sources on Croesus and Solon Bacchylides,  Epinicians

Western Art and History Essay Example | Topics and Well Written Essays - 1250 words

Western Art and History - Essay Example The lower ground floor houses the Greek sculptures, Egyptian mummies, Etruscan art as well as some artifacts dated from Ancient Rome. The upper ground floor holds a collection of ecclesiastical art from the Middle age, carved wooden ceilings, and some tapestries. Upon visiting the first floor, one would see a vast collection of paintings. Special exhibitions are usually displayed on the mezzanine. B. The artwork contained some elements that art critics have found interesting such as the very specific landscape and the water effects ( Kleiner, 2003) . Indeed, the water effects really showed the expertise of Witz in portraying images in plastic form using contrasting colors and strong shadows. The water seemed so real that accurately reflects the mirror images of the people on the boat as well as the piece of rock on the right side of the painting. The very stark colors in the background complement some of the subjects in the painting: Jesus Christ on the shore and Peter on the water. The vivid red robe of Christ stands out showing his magnificence as compared to the drab wardrobe of Peter struggling in the water. Another interesting feature of this painting is the fact that Witz used Lake Geneva as the setting of the incident instead of Lake Galilee. This resulted to Witz capturing the real background of Geneva during that time it was painted, as described by Hagen ( 2003 )â €  mountains can still be clearly identified: on the right, the Petit Saleve, in the middle the Mole Pointu, on the left the tops of the Voirons†. It can also be observed how Witz shows the position of Christ’s head against the mountain backdrop. The artwork is trying to emphasize Jesus as the figurehead of the church. In addition to that, landscape painting was not yet fully developed that time but the artwork shows how Witz gave justice to the piece. Aside from that

Television and Internet Essay Example | Topics and Well Written Essays - 2000 words

Television and Internet - Essay Example During the 1980's basic computers were bought by mostly techno-savvy individuals across the country. Some of the first home computers were the Timex Sinclair and the Apple IIC. The programs that would run on these computers were very basic. Compuserve was one of the first communications networks open to civilian use. Compuserve's service provided access to bulletin boards that provided a spot to post messages on specific topics and allowed real time communications via keyboarding much like the chat rooms of today. This 'chat' room opportunity drew many to the internet as a resource for real-time communications as well as providing a forum for posting of ideas and questions. Memberships to these bulletin boards were often anonymous and so freedom of expression took hold when users could identify themselves by 'user names'. With the more developed internet of the 1990's electronic mail (email) gradually replaced phone calls as the primary form of communication. Like any language, email developed its own grammar and syntax over time. Email language consists of mostly short sentences or sentence fragments. Feelings are often conveyed using typographical representations such as: : ) for happy, : ( for sad. Many other typographical representations exist. ... There are many other emoticons that are used frequently in email and chat rooms as well as blogs. Other types of language used in emails and chat rooms are also done using typographical representation. The most common one is called shouting and is when something is stated using only capital letters. 'LEAVE ME ALONE!' says a lot more than 'leave me alone'. The use of email and email record keeping has recently been mandated by law and are considered communications. Most notably is the National Association of Securities Dealers (NASD) rule that requires financial advisors and others in the securities field to maintain copies of emails. Securities firms such as Morgan Stanley and Merrill Lynch must keep electronic records of emails sent and received by their employees. The White House is currently embroiled in controversy over the loss of emails. "Millions of White House e-mails may be missing, White House spokeswoman Dana Perino acknowledged Friday. I wouldn't rule out that there were a potential 5 million e-mails lost," Perino told reporters.(Henry, 2007) Like Richard Nixon's White House Tapes, those emails are an important record of communications within the White House and are thus subject to monitoring and record keeping rules. 'Blogs' are the newest addition to the internet. Just about anyone can have a blog and experience being published. 'Blogging' is when someone, or organization, uses a web page format to write about specific topics. The blog also offers the opportunity for feedback from readers of these blogs. Blogs also offer an insider's look at current events. Soldiers stationed in Iraq have been publishing blogs about life in the combat zone. The Department of Defense has begun regulating what

The Current Approaches To Ecotourism

The Current Approaches To Ecotourism Ecotourism has been the fastest growing segment of the global tourism industry and has developed on the tourism market within the core of environmental movement as well as becoming continuously important in the tourism industry (Matei, 2011). However, before ecotourism is emerged, tourism has been rapidly become one of the most important part of economic growth in the world. While tourism has been contributed to the source of economic development, conventional mass tourism growth has resulted in the numerous negative impacts on tourism destination, such as the destruction of ecological systems, loss of cultural heritage, cultural commodification and inter-cultural conflict (Weaver, 2008; Lansing Vries, 2007). In late 1980s, the realization of these problems has led to the development of sustainable tourism (Hugo, 2010). Sustainable tourism has been on the basis of responsible travel to natural areas that preserve the destinations environment and has reminded as a type of tourism, wh ich positively contributes to visitor satisfaction, incorporates an element of environmental education, delivers benefit to poor local communities and also assists the local communities to maintain their cultural features (Matei, 2011). Additionally, sustainable tourism is regarded as the role of marketing tool to promote and advertise any form of tourism associated with nature based and also the money from sustainable tourism is reinvested in order to environmentally protect and preserve tourism destination as well as significantly develop the access of the local people to jobs creation and civilization (Matei, 2011). In addition, these new forms of tourism are proposed to simultaneously fulfill the needs of different parties involved, such as delivering revenues and profits to the tourism industry, responsible travel experiences to the increasingly wealthy tourist and economic growth combined with environmental and socio-cultural protection to host countries and communities (Lansi ng Vries, 2007). As a result of this reason, many countries have considered of sustainable tourism, which is meant by a travel to natural destinations (remote areas) under environmental protection at the international, national, regional or private level (Honey, 2008). Current Approaches to Ecotourism The core current approaches to ecotourism development are suggested two ideal types of the approaches in relation to the level of sustainability outcomes. Those approaches are comprehensive approach and minimalist approach. The first ideal type of the approaches to ecotourism is minimalist approach. The minimalists approach emphasizes a basic or shallow understanding and learning opportunities based on elemental perspective. An elemental approach is evident at the other end of the continuum when a product focuses on specific non-captive animals or plants that are deemed to be particularly attractive or interesting, such as charismatic megafauna or megaflaora a (Weaver, 2005). In contrast, the other ideal type of the approaches to ecotourism is comprehensive approach which adopts a holistic perspective on the product that incorporates the ecosystem into associated human influences so that the implication of cultural component is more likely to be integrated into the interpretive exper iences than recognized as attraction (Schianetz, Kavanagh Lockington, 2007). The minimalist approach does not intentionally have desire for transforming values or behavior and its approach to sustainability is associated with site-specific, status quo oriented as well merely as natural environment (Weaver, 2005) whereas the comprehensive approach is purposed to enhance deep understanding and deliberately transform participant attitudes and behavior (Schianetz, Kavanagh Lockington, 2007). Furthermore, according to Weaver (2005), it is believed that the implementation of the comprehensive approach utilized by the managers in destinations is more likely to provide the objectives of environmental and sociocultural sustainability to tourism destinations. By fostering a more environmentally aware and activist market, comprehensive approach is conducive to the development of the product that benefits from donations and eagerness to engage in volunteer activity such as research assistance, and informal policing. When the comprehensive approach combines with the emphasis on enhancement based global and environmental and sociocultural enhancement, the volunteer activity for the rehabilitation and reclamation of habitat, which has been considerably transformed by human activity is channeled though the opportunity emerged. By contrast, according to Weaver (2005), the minimalist approach may hinder the attainment of the sustainability objectives. Therefore, the problems of the mi nimalist approach is mainly likely to be occurred from the element approach to construct species hierarchies, and thereby charismatic megafauna is more likely to be highly assessed by the managers but is not less ecologically valuable species. However, its attention will be able to ironically become damaging consequences to the charismatic megafauna by encouraging prolonged intrusive contact with humans. Generally, the process of observing wildlife is more likely to result in subtle negative effects by carrying out an inadvertently inappropriate manner. From a sustainability perspective that is global enhancement within a combined environmental, sociocultural and economic that includes local community, both minimalist and comprehensive approach appear to fulfill the imperatives of financial sustainability and high levels of satisfaction (Schianetz, Kavanagh Lockington, 2007). Examples of Ecotourism Two-ecotourism case study have been identified and analyzed. The first ecotourism case is Sumba Island in Indonesia. The remote island of Sumba is one of the poorest islands in Indonesia although Sumba Island is culturally one of the richest islands with very strong ancient tradition and strong heritage (The Sumba Foundation, 2012). In Sumba Island, most of the residents live without access to clean water, basic health care and education and also malnutrition is among the highest in the world (The Sumba Foundation, 2012). Nihiwatu has become a major employer of villagers in Sumba Island and the purpose of Nihiwatu is to develop the quality of life for it Sumbanese neighbor throughout responsible tourism (Nihiwatu, 2012). The main stakeholders are eco resort villages that obtain a large amount of funding from guest vacationing in order to support the local community projects by donating (Nihiwatu, 2012). Nihiwatu as an eco resort has commenced local community development projects and has closely cooperated with The Sumba Foundation to take the projects to a higher level (Nihiwatu, 2012). The projects are in relation to creating sustainable livelihood and jobs, achieving energy efficiency and adequate supply, food and water supply. The project makes peoples lives clearly visible so health and local welfare has been changed much better and the hygiene conditions of clinics and villages are significantly improved (The Sumba Foundation, 2012). From the projects perspective, Nihiwatu eco resort has importantly taken the concepts of sustainable development. The resort has considered of local residents neighbors by having responsibility so after purchasing land, the landowner has taken not only the land, but also the responsibility of taking care of the land and its society (Nihiwatu, 2012). Moreover, Nihiwatu eco resort has become one of the merely hotels in the world which utilize 100% powered by bio-fuel and renewable energy source as well as recycling everything so that carbon emission which results in climate change has been decreased (Sumba, 2012). Eco resort village in Sumba Island culturally and socially influences on young generation. The value of frequent informal interaction with tourists is likely to afford the opportunities to practice English skills and also to experience adverse social cultural impacts associated with ecotourism, which is concerned with the impact on young generation conduct between unappreciated sexual conduct and consumption alcohol that is vastly different from their culture (Clifton Benson, 2006). Furthermore, the economic benefit associated with eco resort village tourism provides the optimism in regard to income generating opportunities, which derive from direct employment, rental of accommodation for tourists or the sale of handicrafts and food (Clifton Benson, 2006). It is seen that the rental of accommodation has economically generated the benefits for the wide local communities because the accommodations has been owned and operated by the local residents as well as having been built specifi cally for the purpose. In addition, the sale of handicrafts and food has provided the opportunity to participation in to a greater variety of individuals and groups, such as women, the young and old members of the local communities (Clifton Benson, 2006). Consequently, this eco resort village is fundamentally important for residents life so if the village culture is damaged, the residents will be ruined. This benefits related with village ecotourism is likely to be regard as both reflecting and reinforcing social capital in the local communities (Clifton Benson, 2006). The second ecotourism case is Song Saa Private Island in Combodia. Song Saa Private Island is officially known as Koh Bong and Koh Quen and has renown for the rich and diverse marine life in their surrounding waters (Song Saa, 2012). Song Saa Private Island integrates commercial development with the triple bottom lines of ecological (biophysical), social and economic sustainability by emphasizing on sustainability and high exemplary environmental standards (Song Saa, 2012). The relevance of the triple bottom-line concept and sustainability approach are the central to the purpose and mission statement of Song Saa private Island so as to improve the environment, the condition of local communities and the economy (Song Saa, 2012). Song Saa Private Island positively or negatively influences on environment in terms of water, energy, solid waste, biodiversity, pollution and contamination. According to the report (Sustainable Management Plan, 2012), Water discharged from Song Saa Private Is land, such as grey-water, sewage and storm-water sources results in damage to local wildlife and ecosystems and alteration of water has negative impact on human communities and local ecosystems. The inefficient use of energy has increased carbon in the atmosphere and contributed to global warming (climate change). Solid waste inflows have negative impact on local flora and fauna and associated habitats. Construction and operation of the resort and guest and staff activities have an adverse impact on local biodiversity by destroying, displacing or stressing animals, vegetation or their associated ecosystems. Physical, visual and ambient pollution detracts from amenity, intrinsic and cultural values of the landscape and the environment. Chemicals (cleaning products, insecticides, chlorine herbicides), guest and staff sunscreens, insect repellants result in damage to reef systems. In addition, Song Saa Private Island also has negative or positive effects on social cultural and economic based on the local communities. Song Saa Private Island provides the opportunities throughout the local community program and conservation program to weave together the needs of local peoples (Sustainable Management Plan, 2012). These programs focuses on the support communities throughout activities that promote sustainable livelihoods and the process which create enabling conditions that generate local welfare. This development of the projects is fundamentally based on working with government and community institutions, networks and norms to achieve tangible and positive outcomes (Sustainable Management Plan, 2012). Song Saa community and conservation program provides the development of educational opportunities for the local villagers so that local people increase their awareness and understanding of environmental issue and opportunities; increasing the knowledge and understan ding of marine conservation among the inhabitants of local fishing village (Song Saa Conservation and Community Program, 2012). Furthermore, the conservation and community projects efficiently manage the flow of solid waste from the villages. This management provides an income stream through the provision of incentive payments to the village waste collectors and an additional income stream though the sale of recyclable materials for the local community when the solid waste and recycle management contributes to the health of the village (Song Saa Conservation and Community Program, 2012). Song Saa Private Island has participated in the water system, which is established for local community health as a core component of sustainable livelihood maintenance throughout the provision of safe domestic water supply and the protection of water supply from contamination. The water system works with the local community and local providers to improve environmentally sensitive water treatment and waste reticulation system so as a result of the water systems, local community is given an effective water management and unique livelihood activities such as snail and frog rearing (Song Saa Conservation and Community Program, 2012). Ecotourism the Ideal versus the Real In order to establish sustainable tourism development, the strong interaction between environment and human must need. However, it is not easy to fulfill and assess the sustainability of tourism destination because of the complex conduct and the use of the variety approaches, which are in possession of different strengths and weaknesses depending on the characteristics of the tourism destinations. Therefore, it is necessary to understand the available approaches and use its correct usage in order to develop sustainable tourism. The possible approach to develop sustainable tourism development needs to be carefully considered of the positive impact on the relationship between economic, social cultural and environment component within the triple bottom line approach. The triple bottom line approach requires the balance of three components (ecological, economic and social) in order to generate sustainability to the tourism development. As described two ecotourism cases, the triple bottom line is basically associated with sustainability so if the ecotourism development and products do not carefully consider of three components, one of components will gain damage by unbalancing three components. For example, if tourism development is more likely to provide the benefit to the tourists without any concern about environment in the destinations, the environment in the destinations will suffer from tourists activity. In addition, local community and culture will be also damaged by visiting tourists if not considered of local environment and culture when the tourism develops. The local culture may be probably changed by direct or indirect impact from tourist behavior and attitude toward local community. Although by contacting with tourists, the positive or negative different culture is likely to come into local community, the problem is that the local community will not be able to conserve. Therefore, in order to protect and prevent these potential problems in the tourism destinations, comprehensive approach is more likely to be appropriate for the current sustainable tourism development than minimalist approach because comprehensive ecotourism considers nature-based and cultural as the attractions as well as global, environmental and sociocultural enhancement for sustainability. For example, minimalist ecotourism focuses on particular species so this approach is easy to provide the greater tourist satisfaction but the approach is less likely to contribute to the development of local community and culture without changes. However, comprehensive approach tends to have the more positive impacts on both environmental and local community in terms of economic, social culture and ecological because of the broader attractions (including nature-based and culture), deep understanding and learning of the tourism destinations. So, this approach will be reasonably utilized as an ap preciate approach according to the characteristic of the tourism destinations and the needs of environment and local community in regard of ecological, social cultural and economic. Conclusion Ecotourism is the biggest movement among tourism industry and also has been rapidly growing up in global tourism industry. Sustainable tourism development associated with ecotourism is regarded as the important tourism approach to tourism destinations in the world. With sustainability approach, the tourism destinations have been significantly considering of environmental and socio cultural protection. This big movement directly or indirectly influences on environment and local community and culture in the tourism destination. Consequently, the accurate approaches toward the tourism development and products are considerately required according to the characteristic of the tourism destinations in order to sustain the tourism development. Reference lists Clifton, J., Benson, A. (2006). Planning for sustainable ecotourism: the case for research ecotourism in developing country destinations. Journal of Sustainable Tourism, 14(3), 238-254. Honey, M. (2008). Ecotourism and Sustainable Development, Who Owns Paradise? (2nd ed.). Washington, DC: America, Island Press. Hugo, M. L. (1999). A comprehensive approach towards the planning, grading and auditing of hiking trails as ecotourism products, Current Issues in Tourism, 2(2/3), 138-173. Matei, E. (2011). The ecotourisms development in the Romanian Carpathians protected areas: facts, figures and needs. Journal of Studies and Research in Human Geography, 5(2), 31-39. Schianetz, K., Kavanagh, L., Lockington, D. (2007). Concepts and tools for comprehensive sustainability assessments for tourism destination: a comparative review. Journal of Sustainable Tourism, 15(4), 369-389. Sumba: an iconic island to demonstrate the potential of renewable energy. (2012). Retrieved from: http://www.hivos.nl Song Saa. (2012). Retrieved from: http://www.songsaa.com Sustainable Management Plan. (2012). Retrieved from: http://www.songsaa.com Song Saa Conservation and Community Program. (2012). Retrieved from: http//www.songsaa.com The Sumba Foundation. (2012). Retrieved from: http://www.sumbafoundation.org Weaver, D. B. (2005). Comprehensive and minimalist dimensions of ecotourism. Annals of Tourism Research, 32(2), 439-455. Weaver, D. (2008). Ecotourism (2nd ed.). Milton: Australia, John Wiley Sons Australia.

Case Study: Decision Making Based on Mission & Vision of Organization Essay

In this case study, Community Medical Center has a strong reputation for quality of medical care. The president of CMC has the difficult position of making a crucial decision that will impact his licensed and unlicensed staff, patients and the community at large. This short essay will address the possible vision and mission of CMC that will guide the president in his decision about the case study of an operating room who may have HIV/AIDS. This paper will also discuss the president’s decision and how he will communicate it to the physicians, employees, and the public. Mission and Vision of Community Medical Center  CMC is a fairly large hospital which offers various services and had more than fifty surgeons on staff. It has a large clinical staff in various departments. The other nearest hospital is located in another city. CMC has a good reputation over the past decades. The president of CMC has a several issues of which he needs to make decisions on. The chief of surgery and about fifty other surgeons are threatening to leave along with their patients, to a rival hospital in another city, if the OR nurse is not relieved of his duties. If this happens revenue will be impacted along with lay-offs and services; the effects could be millions of dollars. The president will definitely need to communicate with not only the surgeons but also the governing board (i. e. board of directors), human resources, chief financial officer, and public affairs. The president will need to remind and commend his staff of the fact that CMC has a strong reputation for quality of medical care, a large staff of surgeons, clinical departments, and a governing board during the past decades. He will need to remind his staff on some core values such being respectful by communicating authentically, trusting each other, and honor the efforts of all team members. He should also remind them of being ethical by demonstrating integrity and loyalty with the highest regard for confidentiality (CMC, 2011). President’s Dilemma He definitely does not want to lose the chief of surgery and the majority of his surgeons. The president surely does not want a federal suit on his hands, at the suggestion of the OR nurse’s attorney. He also needs to address the issue of confidentiality and the â€Å"leak† from within the organization. There is also the issue of the media and the wording of his press release. President’s Decision Firstly, the President of CMC will have to confirm if the OR nurse in fact has HIV/AIDS. Then it would be best for him to meet and communicate with the governing board, human resources and public affairs to see what the procedures and protocols along with the core values of the organization are (willful choice models). This should reveal whether the surgeons can leave with or without repercussions (i. e. violations of contract). An article in Today’s Hospitalist states that physicians very rarely follow through with their threats to quit. Furthermore, that these threats just creates problems (Doyle, 2011). The P&P’s should also reveal the steps to be taken in labor dispute issues, and media concerns. This will aid the president on how to handle the OR nurse’s impending suit. If he isn’t aware of the Americans with Disabilities Act (ADA), he may want to review this or ask his human resource department about it. He should also use ADA information such as the fact the HIV/AIDS can only be transmitted through sexual contact with an infected individual, exposure to infected blood, or blood products. Communicating this information to his staff may ease or erase their worries (ADA HIV Q & A). It will also help guide him in how to deal with the problem of the â€Å"leak† to the media. At this point, the president can relay to his staff the importance of confidentiality, and respect, and accountability. He will probably need to enlist the help of his public affairs, or media and advertising departments with the issue of the â€Å"leak†. The reality-based or garbage can models will help the president in finding logic and order in the midst of decision-making chaos. There is ambiguity, uncertainty, and preferences of those involved. Therefore the president will need to be able to provide knowledge on HIV/AIDs to his staff, answers their questions about HIV/AIDS based on available information/data. He must be able to communicate this to his staff thoroughly and convincingly. The triangulation method is a more thorough and would probably be the best route for the president of CMC. This would be a combination of the quantitative and qualitative approaches. Here, small groups of people can present or suggest possible solutions which can be analyzed quantitatively. The president can then draw from this information and makes his decision. It is good practice for resolving (resolutions in reality-based models) resolutions.

The Legality, Morality, Social Responsibility of Paying...

Nova Southeastern University H. Wayne Huizenga School of Business Entrepreneurship |Assignment for Course: | MGT 5015 | |Submitted to: | Frank Cavico | |Submitted by: |Judy L. Moore | | | N01375329 | | | | | | | | | | Date of Submission: 12/021/2012 Title of Assignment: Term Paper – â€Å"Integrating Values – The Legality, Morality, and Social Responsibility of Paying College Athletes† CERTIFICATION OF AUTHORSHIP: I certify that I am†¦show more content†¦There is blatant, inarguable proof that the players and their talents are being exploited. These athletes are the draw to the games. They are the reason people watch and cheer on their teams. The amount of money given as a â€Å"full† scholarship is a marginal benefit only a drop in the bucket when compared to the market value of a player’s talent and skills. Athletic scholarships, as will be explained later, is indeed financial assistance but still leaves the student athlete living below, or at best slightly above, the poverty line. The NCAA and the respective universities has a duty to be concerned with the overall well-being of its players, not just whether or not an injury would keep their star player from playing in the upcoming game. The NCAA ought to consider the social responsibility of meeting the needs of its players, subsequently initiating a reformation of the NCAA bylaws concerni ng paying college athletes. The legal section of the paper will discuss the NCAA bylaws that prohibit college athletes from receiving benefits above and beyond what is indicated as part of the scholarship agreement. It also entails of the consequences if such bylaws are violated. In addition, the definition and purpose of the National Letter of Intent (NLI) will be discussed. Since the selling of rights is what brings in the most revenueShow MoreRelatedEthics and Social Responsibility Essay9502 Words   |  39 Pagesand ethical implications involved in this case, including an analysis of the university’s social responsibility, and an overview of the scandal in terms of three ethical theories: utilitarianism, Kant’s categorical imperative, and ethical relativism. Table of Contents I. Introduction (Stephanie) A. Purposes of Paper * Analytical paper - â€Å"3 value† analysis of law, ethics, and social responsibility * Current, controversial, and narrowly focused topic involving business directlyRead MoreCollege Student Gambling: Examining the Effects of Gaming Education Within a College Curriculum15937 Words   |  64 PagesCOLLEGE STUDENT GAMBLING: EXAMINING THE EFFECTS OF GAMING EDUCATION WITHIN A COLLEGE CURRICULUM A Thesis Presented by MARYANN CONRAD Submitted to the Graduate School of the University of Massachusetts Amherst in partial fulfillment of the requirements for the degree of MASTER OF SCIENCE September 2008 Department of Hospitality and Tourism Management  © Copyright by Maryann Conrad 2008 All Rights Reserved COLLEGE STUDENT GAMBLING: EXAMINING THE EFFECTS OF GAMING EDUCATION WITHIN A COLLEGERead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesManagement Skills 8 †¢ Effective versus Successful Managerial Activities 8 †¢ A Review of the Manager’s Job 9 Enter Organizational Behavior 10 Complementing Intuition with Systematic Study 11 Disciplines That Contribute to the OB Field 13 Psychology 14 †¢ Social Psychology 14 †¢ Sociology 14 †¢ Anthropology 14 There Are Few Absolutes in OB 14 Challenges and Opportunities for OB 15 Responding to Economic Pressures 15 †¢ Responding to Globalization 16 †¢ Managing Workforce Diversity 18 †¢ Improving Customer Service