...Monetary Policy and strategies to overcome the crisis Monetary policy is the process by which the government , the central bank or the monetary authority of the country controls: • The supply of money, • The availability of money, • The cost of money or interest rate, in order to attain a set of long term/short term objectives oriented towards the growth and stability of the economy. The central banks, ECB (European Central Bank) in Europe and FED (Federal Reserve System) in the USA, have the task of executing the monetary policy. The primary objective of the Eurosystem and of the single monetary policy is to maintain the price stability as said in the Article 105 of the Treaty establishing the European Community: “Without prejudice to the objective of price stability”, the Eurosystem will also “support the general economic policies in the Community with a view to contributing to the achievement of the objectives of the Community”. These includes a “high level of employment” and “sustainable and non-inflationary growth”. Price stability is important to achieve a favourable economic environment and a high level of employment. To overcome the crisis, it is necessary to intervene in the financial regulation, institutions and firms governance, transactions and legislator moral conduct and especially in the economic policy. It is important to analyse the economic policies and how they contributed to the imbalances, that caused the crisis. Monetary policy influenced the...
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...Critical Thinking Application Paper Name MGT 350 Instructor Date Campus Critical Thinking Application Paper How do you think? How you think can be as important as what you think. When a person is faced with a problem, it is how a person thinks and acts on those thoughts that determine the outcome. To stay competitive organizations need to change or modify their methods of doing business as needs require. Everyday business professionals are presented with situations and problems, mundane and difficult, each requiring the person to use critical thinking. How that person analyses the situation can either benefit or hinder the organization. The decision making process is an important function of any business, critical thinking is the key to this process. What Is Critical Thinking? “Critical thinking is the art of thinking about thinking while thinking in order to make thinking better. It involves three interwoven phases: it analyzes thinking, it evaluates thinking, and it improves thinking” (Paul & Elder, 2006, p. xvii). This tells us to think about the problem, analyze the problem, and solve the problem. To understand critical think a person must understand how to think. Analysis allows the person to view a problem from different points of views, to study it and question it. When analyzing a problem the person must try to set aside any preconceived bias and view the problem objectively. The analysis step of critical thinking is the beginning...
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...How to Critically Analyse Psychological Research Table of Contents The Theory 2 The Research Rationale 2 The Participants 2 The Design and Procedure 2 1. Research method 2 2. Lab vs field research 2 3. Demand characteristics 3 4. Experimenter bias 3 6. Social desirability 3 7. Validity of the experimental manipulation 3 8. Stimulus sampling 4 9. Reliability and validity of measures of the independent and/or dependent variables 4 10. Confounding variables in 4 11. Order of items/events 4 The Statistical Analyses 5 1. Excluded participants 5 2. Missing data 5 3. Validity and reliability of dependent variables 5 4. Sufficient statistical power 5 5. Statistical assumptions 6 6. Correct use of inferential statistics 6 7. Correct interpretation of analyses 6 8. Alternative analyses 6 The Discussion 6 1. Alternative explanations 6 2. Cause-effect ambiguities 6 3. Third variable 7 4. Mediators and moderators 7 5. Replication 7 6. Interaction or main effect?: 7 Place the Research in the Context of Similar Research 8 Suggestions for Future Research 8 Inappropriate Criticisms 8 1. Criticizing the article rather than the research 8 2. Ethical criticisms 8 3. Incomplete criticisms 8 4. Criticisms of the reliability or effectiveness of methodology that produced the predicted results 9 5. Random allocation of participants to conditions 9 How Not to Use this Document! 10 Structuring a Critical...
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...It’s clear that the world is divided into two genders, and these two sexes have been a subject of definition by every known society. The culture is seen as a huge determinant to the roles that each gender will play. Therefore, sexism will be defined as a social construct that promotes the discrimination of individuals based on an individual’s gender. Sexism arises from stereotypes that define the roles of both sexes, therefore having issues when the gender roles are performed by the opposite sex. This social construct mainly affects the minority group identified as women and girls. Sexism is recognized in all aspect of life, and it’s not strange to identify it in the technology industry. The male figure has always identified its gender role as the provider. This social construct originated from the nature of man been the hunter who provided his family with their daily meal. Therefore relegating the women to the role of caretaker and this aspect has kept its hold over the society. In the 21st century, sexism has been a covert and subtle process that tries to establish an environment that is less friendly and less accessible to women. It’s clear that sexism is evident in the Silicon Valley and beyond. We also identify that the technology aspect has always been associated with male perspective. Therefore, it has become common to hear a conversation about women who have suffered sexism and sexual harassment in their digital related jobs. Women have also been identified to facilitate...
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...consequently, how to resolve the situation. Gersony emphasizes the “ghosts of the Luwero Triangle” that haunt an Acholi people who lost economic and political influence following Museveni’s rise to power, but a recent report by the Human Rights and Peace Centre, Makerere University (HURIPEC) argues that it was the NRM that initiated an ethnic war against northerners even before the events in the Luwero Triangle. These and other rival analyses can create difficulties for conflict resolution efforts, as key actors seek a clear idea of the issues to address. A more thorough investigation of these root causes is essential, particularly at a time when there is renewed hope that the conflict may soon be resolved and the deeper causes dealt with comprehensively. Based on field interviews and an analysis of the available literature, we have identified two principal underlying causes of the war. First, Uganda’s history of repeated power struggles following independence has left a legacy of domination, violent politics and militarism that is difficult to overcome, particularly in the north. Second, deep-rooted divisions between the north and south of the country have been accentuated by various leaders over the past 40 years...
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...trust in their researchers. Their theoretical framework shows that various antecedents influence ‘user trust’ in the researcher and, in turn, this influences the utilization of market research information. For example "perceived researcher interpersonal characteristics" are antecedents to trust; one of the components of these is the ‘perceived expertise’ of researchers. Their theory hypothesizes a relationship between user trust in the researcher and researcher expertise. The basis for the hypothesis lies in previous work by Crosby Evans and Cowles (1990). Since the researchers have specific measures for expertise they are able to test whether the hypothesized relationship actually exists. Quantitative or ‘logical positivist/quantitative’ methods (Jauhari, 2012)) for data gathering and analysis are commonly associated with such approaches. The value of such an approach is that researchers are able to make use of previous researchers work. However, its limitation is that...
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...6. A hermeneutic analysis of the Denver International Airport Baggage Handling System Stasys Lukaitis, School of Information Systems, Deakin University Jacob Cybulski, School of Information Systems, Deakin University Abstract This paper attempts to demonstrate the principles of hermeneutics in an effort to understand factors affecting Information Systems (IS) projects. As hermeneutics provides a systematic method of interpreting text from multiple information sources, thus, Information Systems being prima facie defined and documented as text documents, are eminently suited for this mode of investigation. In this paper, we illustrate hermeneutics by analysing a sample case study document describing the well-known Denver International Airport (DIA) Automated Baggage Handling System project, which was extensively reported in the IS and management press and studied by Montealegre and his colleagues. As a result of the hermeneutic approach to the analysis of this document, a new ‘flexibility’ factor has been discovered to play an important, yet unreported, role in the DIA system demise. In the DIA case, the observed flexibility factor influenced the quality of the interaction between the actors, the prevailing environment and the information systems. Introduction Although there are several reports of information systems projects that have applied hermeneutics (Boland, 1991; Klein and Myers, 1999; Myers, 1994a), there are very few publications that explain the actual hermeneutic...
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...‘Handwriting Analysis’ A New Tool in Recruitment and Selection Handwriting Analysis: A New Tool in Recruitment and Selection. By Vivek V Phadke( Introduction Effective recruitment and selection are critical to organisational success. They enable organisations to have high performing employees who are also satisfied with their job, thus contributing positively to the organisation’s bottom line. On the contrary poor recruitment and selections often results in mismatches, which can have negative consequences for the organisation. A misfit who is not in tune with the organisation’s philosophies and goals can damage production, customer satisfaction, and relationships with suppliers and overall quality of the work. S/He can also adversely affect the morale and the commitment of co-workers negating efforts towards foster teamwork. Training your way out of a wrong hire can be very expensive. Effective recruitment and selection are therefore not only the first step towards organisational excellence but are important cost control mechanism as well. The first part of this paper covers brief spectrum of recruitment and selection processes and importance of personality assessment. Second part shares knowledge on Handwriting Analysis, its use in understanding personality and its relevance in recruitment and selection. Challenges in Recruitment and Selection: Following are the major challenges in Recruitment and Selection. Labour Market Competition -Whether the national...
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...` Cohabitation Before Marriage Huynh Thi Thanh Tam Nguyen Kim Ngoc Quyen Le Dang Phuong Luong Thi Thanh Thao Tran Huy Bao Phan Thi Ai Hoa Luu Ho Xuan Quynh Nguyen Truong Vinh Phat Academic Skills November 14th, 2012 Professor Douglas M. Foster Cohabitation Before Marriage Love between man and woman is the precious one of human that people must spend a lot of time and effort to seek. However, there is a perceptive difference of love between Western culture and Eastern culture. Westerners find out freedom and satisfaction in love and marriage is a great importance of their life, therefore they often cohabitate to learn about their partners carefully to get a better marriage in the future. “More than two-thirds of married couples in the US say that they lived together before getting married” (Jayson, 2005, Cohabitation is Replacing Dating, para. 2). In opposite, the feudal reflection, which affects Easterners culture and makes contrary between cohabitation and culture. Therefore, cohabitation is not common in Eastern countries. Nowadays, society is more and more developing and modern. In pace with that trend, cohabitation lifestyle of Western has entered and influenced on the Eastern thought, so cohabitation becomes more acceptable in Eastern. Especially in Vietnam, the rate of which Vietnamese adults want to cohabit is high in both male and female. According to the survey of...
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...and promoting positive outcomes for the business, as well as its employees. “Diversity today is being viewed as a key means to strengthen the human capital of an organization and improve overall performance” (Bowes, 2007/2008). Studies have shown that diverse workforces can positively affect and strengthen the organization, but what can organizations do to assure this type of environment? What programs or tools do leaders need to implement when looking to improve their ability to manage this diversity? The main purpose of this research paper will be to explore what methods organizations and leaders can use to successfully manage increased cultural diversity within the workforce. This research will reflect not only why it is important for organizations to embrace the differences in a diverse workplace, but will discuss the consequences that may occur if they do not incorporate effective methods for addressing a multicultural population. A clear discussion of the educational tools used to satisfy all those that are involved will follow; as well as the discussion of the benefits for an organization with a diversity program with a focus on its retention rates, increased employee productivity, increased employee satisfaction, access to wider customer...
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...Richard Kearney Paulo Freire's "Pedagogy of the Oppressed" Author(s): Mark Patrick Hederman Reviewed work(s): Source: The Crane Bag, Vol. 6, No. 2, Latin-American Issue (1982), pp. 58-63 Published by: Richard Kearney Stable URL: http://www.jstor.org/stable/30023905 . Accessed: 11/03/2012 14:51 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. Richard Kearney is collaborating with JSTOR to digitize, preserve and extend access to The Crane Bag. http://www.jstor.org Paulo Freire's Pedagogy of the Oppressed Mark Patrick Hederman Paulo Freire's Pedagogy of the Oppressed is a study of education in the Third World, particularly Latin-America. However, its findings can be of interest in any educational situation. As Richard Shaull says in his preface to Freire's book:' There is no such thing as a neutral educational process. Education either functions as an instrument which is used to facilitate the integration of the younger generation into the logic of the present system and bring about conformity to it,...
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...How to Read a Journal Article in Social Psychology When approaching a journal article for the first time, and often on subsequent occasions, most people try to digest it as they would any piece of prose. They start at the beginning and read word for word, until eventually they arrive at the end, perhaps a little bewildered, but with a vague sense of relief. This is not an altogether terrible strategy; journal articles do have a logical structure that lends itself to this sort of reading. There are, however, more efficient approaches that enable you, a student of social psychology, to cut through peripheral details, avoid sophisticated statistics with which you may not be familiar, and focus on the central ideas in an article. Arming yourself with a little foreknowledge of what is contained in journal articles, as well as some practical advice on how to read them, should help you read journal articles more effectively. If this sounds tempting, read on. Journal articles offer a window into the inner workings of social psychology. They document how social psychologists formulate hypotheses, design empirical studies, analyze the observations they collect, and interpret their results. Journal articles also serve an invaluable archival function: They contain the full store of common and cumulative knowledge of social psychology. Having documentation of past research allows researchers to build on past findings and advance our understanding of social behavior, without pursuing...
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...Max Weber's contributions to organizational theory. Max Weber (1864-1920), can be classified in the bureaucratic management branch of the classical school. Weber, the son of a prominent Bismarckian era German politician, was raised in Berlin and studied law at the University of Berlin. After assuming an appointment teaching law at the University of Berlin, Weber assumed teaching appointments in economics at the Universities of Freiburg, Heidelberg, Vienna, ending with his death after a bout with pneumonia. Weber's interest in organizations evolves from his view of the institutionalization of power and authority in the modern Western world. He constructed a "rational-legal authority" model of an ideal type bureaucracy. This ideal type rested on a belief in the "legality" of patterns of normative rules and the right of those elevated to authority to issue commands (legal authority). Weber postulated the rules and regulations of a bureaucracy serve to insulate its members against the possibility of personal favoritism. According to Max weber Bureaucratic management approach emphasized the necessity of organizations to operate in rational way instead of following the “arbitrary whims” or irrational motions and intentions of owners and managers. He found different characteristics in bureaucracies that would effectively conduct decision-making, controlling resources, protecting workers and accomplishment of organizational goals. Weber Believes All Bureaucracies Have Certain Characteristics: ...
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...This essay aims to describe a change in an organisation drawing on the theories of organisation, partnership and theories like systems change of social work. It will identify and analyse any barriers to change and examine the change plan using Lewin’s model of change. The essay will look at methods of intervention and relate to professional development. The organisation I work for is a charity which operates across twenty three London Boroughs. It aims to support a diverse group of different service users of various ethnic origins such as African – Caribbean, Asian, British etc. A wide range of services are provided covering various mental and general health needs of vulnerable people, as well as supporting families and people at risk of...
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...STUDENTS’ ATTITUDES TOWARDS COUNSELLING: A CROSS-CULTURAL STUDY by KATLEGO FANDIE This thesis is submitted in accordance with the requirements for the degree Philosophiae Doctor in the FACULTY OF THE HUMANITIES DEPARTMENT OF PSYCHOLOGY at the UNIVERSITY OF THE FREE STATE BLOEMFONTEIN January 2015 Promoter: Prof. L. Naudé DECLARATION I declare that the thesis hereby submitted by Katlego Fandie for the degree Philosophiae Doctor at the University of the Free State is my own independent work and has not previously been submitted by me at another University/Faculty. I further more cede copyright of the thesis in favour of the University of the Free State. SIGNATURE: _____________________________ DATE:____________________________ i DECLARATION OF SUPERVISOR ii PROOF OF LANGUAGE EDITOR 083 2877088 +27 51 4367975 corrieg@mweb.co.za CORRIE GELDENHUYS POSBUS 28537 DANHOF 9310 3 January 2015 TO WHOM IT MAY CONCERN Herewith I, Cornelia Geldenhuys (ID 521114 0083 088) declare that I am a qualified, accredited language practitioner and that I have edited the following PhD thesis by Katlego Fandie: STUDENTS’ ATTITUDES TOWARDS COUNSELLING: A CROSS-CULTURAL STUDY All changes were indicated by track changes and comments, to be addressed by the researcher. ............................................................ C GELDENHUYS MA (LIN – cum laude), MA (Mus), HED, HDLB, UTLM ACCREDITED MEMBER OF SATI –...
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